Connect with Us:

For Holistic Wellness and Performance Coaching: connect with Dr. Po at drpowu.com.

Join our Investment Community: Secure a personal one-on-one call with Lane at The Wealth Elevator Club.

Infusing Life Lessons through Board Games for Kids: A Deep Dive with Dr. Po

This podcast episode delves into how playing board games with children can be a valuable tool for imparting life lessons and fostering various behavior traits. The hosts discuss their personal experiences and family dynamics, with Dr. Po sharing insights from playing games like Settlers of Catan and Monopoly with his children, aged 10 and 8. They explore how these games can teach financial literacy, risk management, and strategy in a fun and engaging way, underscored by the importance of using games to pass on ideals and values to the next generation. Additionally, the discussion touches on incentives for winning games and the broader implications of gaming strategies on real-life decision-making and financial planning. The episode also suggests other games like Exploding Kittens and the Cashflow game, emphasizing how these activities can help in teaching children about finance and investment in an interactive manner.

00:00 Introduction to Family Board Games and Life Lessons

00:24 Sharing Personal Family Dynamics and Approaches

01:43 Early Financial Literacy and Observations

03:14 Exploring Board Games for Educational Fun

03:28 Deep Dive into Settlers of Catan and Its Lessons

06:35 Monopoly: Speeding Up the Game and Teaching Financial Concepts

12:10 Exploding Kittens: Fun with Strategy and Financial Parallels

15:50 Introducing Kids to Financial Games Like Cashflow

17:49 Family Communication and Learning Through Talking Card Decks

18:46 Incentivizing Kids and Wrapping Up with Key Takeaways

21:45 Closing Thoughts and Future Topics

Hosted on Acast. See acast.com/privacy for more information.

Connect with Us:

For Holistic Wellness and Performance Coaching: connect with Dr. Po at drpowu.com.

Join our Investment Community: Secure a personal one-on-one call with Lane at The Wealth Elevator Club.

In this podcast episode of 'The Rich Life', the hosts explore the concept of grit and its significance in overcoming adversities. They are joined by Laura Jones, author of 'Hunt or Be Hunted', who shares her personal story of facing the darkest times of her life, including the loss of her son and a near-death experience. Laura discusses how she used the 5, 4, 3, 2, 1 grounding technique to regain control during a critical health crisis. The conversation delves into the importance of mindset control, the physiological response to cognitive reframing, and how everyone possesses varying levels of grit that can be cultivated. Laura introduces the 'Global Grit System' she developed, which is designed to help individuals navigate through tough times by activating their innate grit. Moreover, she covers practical advice on maintaining physical health to support mental resilience, emphasizing sleep, hydration, and a systematic approach to tackling challenges. The podcast also touches on incorporating athletic discipline as a way to build and practice grit, suggesting that choosing challenging activities can foster personal growth and resilience.

00:36 Laura Jones: A Journey Through Darkness to Discover Grit

01:30 The Life-Saving Power of Mind Control and the 5, 4, 3, 2, 1 Technique

07:09 From Personal Tragedy to Global Grit System: Laura's Mission

07:51 Demystifying Grit: It's Not What You Think

09:26 The GRIT System Unpacked: A New Perspective on Resilience

13:44 The Role of Environment and Discipline in Cultivating Grit

15:50 Athleticism and Grit: A Personal Account of Choosing Hardship

20:09 Grit in Everyday Life: Beyond Athletics and into the Corporate World

28:31 Prioritizing Health: The Foundation of Grit and High Performance

30:50 The Essential Role of Sleep in Achieving Success

Hosted on Acast. See acast.com/privacy for more information.

Connect with Us:

For Holistic Wellness and Performance Coaching: connect with Dr. Po at drpowu.com.

Join our Investment Community: Secure a personal one-on-one call with Lane at The Wealth Elevator Club.

In this episode, Ken Honda, renowned author of 'Happy Money: The Japanese Art of Making Peace with Your Money', joins host Lane Kawaoka. Honda shares insights from his journey as a bestselling finance and personal development author in Japan, now aiming to impact the American audience. With over 7 million copies sold since 2001, Honda advocates for a shift from 'unhappy' money to 'happy' money—money earned through joy and spent without guilt. The discussion delves into money personality types, the importance of aligning work with personal joy, and achieving financial freedom. Honda emphasizes the significance of emotional financial EQ alongside IQ, and the transformative power of appreciating money's role in life. The conversation also explores family dynamics around money, teaching kids about financial freedom, and Honda's upcoming book 'True Wealth', aiming to redefine the essence of wealth beyond monetary value.

00:29 Introducing the Rich Life Podcast

00:52 Exploring Money Personality Types with Ken Honda

01:33 The Concept of Happy Money vs. Unhappy Money

03:03 Finding Your Money Flow: From Unhappy to Happy Money

05:54 The Journey to Financial Independence and Beyond

13:15 Understanding Money Personality Types

18:11 Navigating Family Dynamics and Money Personalities

35:05 Ken Honda's Final Thoughts and Upcoming Book

36:02 Wrapping Up with Ken Honda's Insights

Hosted on Acast. See acast.com/privacy for more information.

Connect with Us:

For Holistic Wellness and Performance Coaching: connect with Dr. Po at drpowu.com.

Join our Investment Community: Secure a personal one-on-one call with Lane at The Wealth Elevator Club.

In this episode of the Rich Life Podcast, hosts Dr. Po and Lane explore the concept of criticism within relationships, one of the 'four horsemen' as identified by relationship expert Gottman. Through personal anecdotes and discussions, they break down how criticism manifests in arguments, its potential to damage relationships, and strategies for couples to effectively address and mitigate its impacts. They emphasize the importance of shifting from 'you' statements to 'I' statements and the benefits of using Gottman's methods and other resources to improve communication and understanding between partners. The episode offers practical tips for couples to work through criticisms constructively, enhancing their relationship dynamics.

00:00 Welcome to the Rich Life Podcast: Understanding the Four Horsemen

01:31 Diving Deep into Criticism: The First Horseman

02:03 Real-World Examples and the Impact of Criticism

04:12 The Power of the Gottman Method and Personal Experiences

10:05 Strategies and Tips for Overcoming Criticism

18:57 The Importance of Emotional Vocabulary and Self-Reflection

24:35 Closing Thoughts and Encouragement

Hosted on Acast. See acast.com/privacy for more information.

Connect with Us:

For Holistic Wellness and Performance Coaching: connect with Dr. Po at drpowu.com.

Join our Investment Community: Secure a personal one-on-one call with Lane at The Wealth Elevator Club.

Welcome to The Rich Life Podcast! Explore the intersections of wealth, health, and personal fulfillment with your hosts Dr. Po Wu, MD and Lane Kawaoka, PE leveraging their extensive experiences in their respective fields. In this introductory episode, Dr. Po and Lane Kawaoka discuss their backgrounds and the motivation behind starting the podcast. Lane, originally an engineer turned real estate entrepreneur, shares his journey from pursuing financial freedom through real estate to seeking a more rounded and fulfilling life beyond material wealth. Dr. Po, a physician turned entrepreneur, talks about his shift from medical practice to focusing on personal development and real estate investment, driven by a desire to lead a more balanced and fulfilling life. Together, they explore the themes of wealth, well-being, relationships, and personal development, promising to share their experiences and learnings while emphasizing the importance of balance and happiness in life. The hosts aim to provide insightful, actionable content that helps high-achieving professionals and families navigate the complexities of building wealth without neglecting other crucial aspects of life.

Meet Your Hosts:

Lane Kawaoka:

Lane Kawaoka is a developer and multi-family syndicator who owns over 10,000 rental units. He leads the "Hui Deal Pipeline Club" which has acquired over $2.1 Billion AUM of real estate by syndicating over $200 Million Dollars of private equity. Most importantly, he has distributed more than $45M back to our investors since 2016.

LinkedIn: Lane Kawaoka

Facebook: The Wealth Elevator

Instagram: @TheWealthElevator

Check out our Top-50 Investing Podcast, The Wealth Elevator.

Dr. Po Wu:

A seasoned physician and entrepreneur, Dr. Po Wu transitioned from clinical practice to focus on holistic wellness and performance coaching, where he empowers individuals to achieve their personal and professional best. He is also a dedicated real estate investor, applying his analytical skills from medicine to the dynamics of real estate markets.

LinkedIn: @drpowu

Instagram: @drpowuruns

Twitter/X: @drpowu

Episode Timeline:

00:00 Welcome to the Rich Life Podcast: Meet Your Hosts

00:17 Exploring Beyond Wealth: Health, Relationships, and Happiness

01:03 The Journey to a Balanced and Fulfilling Life

02:19 Lane's Transition from Engineer to Real Estate Entrepreneur

04:17 Po's Path from Medicine to Personal Development and Real Estate

09:08 The Mission of Our Podcast: Sharing Knowledge and Experiences

11:24 What to Expect in Future Episodes

Hosted on Acast. See acast.com/privacy for more information.