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Sharon Lechter and Russell Gray break down the real rules of the financial game—why your income matters less than what you do with your paycheck, and how the right mix of assets builds lasting wealth. They compare financial freedom to other forms of freedom (time, choice, purpose), make the case for stronger personal finance literacy for younger generations, and reframe failure as a tool for growth. The conversation also tackles macro risk—what could happen if the debt bubble pops—and why shifting from scarcity to abundance, fear to purpose, and entitlement to empowerment is essential for building the life you actually want. They close with the core traits shared by the most successful people and a simple question that clarifies everything: How do you want to live—and what do you need to build to live that way?

Russell Gray is a financial and business strategist, mentor, and the voice behind Main Street Capitalist, where he helps investors and entrepreneurs make sense of macroeconomics, cash-flow strategy, and real-asset investing. With a background in financial services dating back to 1986, he has consulted with hundreds of investors on practical wealth-building strategy and is the founder of the Raising Capitalist Project.

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The Old New True Wealth Podcast, hosted by Nathan Barkocy, explores the intersection of legacy wealth, modern entrepreneurship, and faith-driven purpose. Through real conversations with elite investors, founders, and thought leaders, this show teaches you how to build real assets, real relationships, and real freedom—without sacrificing your family, faith, or calling. Because True Wealth isn’t what you accumulate—it’s who you become.

Learn more → NathanBarkocy.com

Pre-Order the Book → Old Wealth New Wealth True Wealth

https://www.oldnewtruewealth.com/

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In this episode of Old Wealth, New Wealth, True Wealth, host Nathan Barkocy sits down with real estate investing legend Ken McElroy (MC Companies, Rich Dad advisor, author of The ABCs of Real Estate Investing and The ABCs of Property Management) to break down what separates profitable investors from expensive beginners. Ken explains why the biggest mistake new investors make is choosing the wrong team, and how real due diligence goes far beyond a pitch deck: underwriting, debt structure, cash flow reality, property management execution, exit strategy, and the operator’s track record through multiple market cycles. The conversation dives into Main Street investing vs. passive Wall Street reliance, when to prioritize cash flow vs. capital gains, and how disciplined investors avoid shiny-object spending by building assets that fund lifestyle long-term. You’ll also hear Ken’s perspective on mentorship, learning through mistakes, and why your environment and inner circle can determine your financial trajectory.

Ken McElroy is the Co-Founder and Principal of MC Companies, a leading real estate investment firm with more than $2 billion in multifamily assets under management. As a Rich Dad Advisor to Robert Kiyosaki and author of the bestselling series The ABCs of Real Estate Investing, Ken has spent over two decades teaching investors how to achieve financial freedom through smart, sustainable real estate strategies.

A trusted voice in wealth building and passive income, Ken’s expertise spans property acquisition, development, and management across large-scale multifamily communities. Through his YouTube channel, podcast, and live events, he educates millions on creating long-term cash flow and navigating economic shifts with confidence.

https://www.instagram.com/kenmcelroyofficial?igsh=eHo1OXZ5anV2OWJy

https://www.linkedin.com/in/kenmcelroyofficial?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=ios_app

https://youtube.com/@kenmcelroy?si=nU4E2Aa-CZopqZEH

The Old New True Wealth Podcast, hosted by Nathan Barkocy, explores the intersection of legacy wealth, modern entrepreneurship, and faith-driven purpose. Through real conversations with elite investors, founders, and thought leaders, this show teaches you how to build real assets, real relationships, and real freedom—without sacrificing your family, faith, or calling. Because True Wealth isn’t what you accumulate—it’s who you become.

Learn more → NathanBarkocy.com

Pre-Order the Book → Old Wealth New Wealth True Wealth

https://www.oldnewtruewealth.com/