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American household debt hit a record $16.9 trillion at the end of 2022, up $2.75 trillion since 2019, according to the Federal Reserve. If you had to write that check it would read $16,960,000,000,000. Americans owe $986 billion on credit cards, surpassing the pre-pandemic high of $927 billion. An even more interesting fact is many Americans are unaware that their credit card usage actually makes more money for the same banks that their signing up with to purchase these cards. In today's episode host of The Wealth Principles explains of the significance having credit card debt plays on being able to own a home, paying extra bills and for some debt exceeding their lifespan amongst other things. This episode is focused on the importance of paying off credit cards debt and being able to live your life stress and debt free. You can stream today's episode on Spotify Apple PodcastYouTubeTo become a host on The Wealth Principles email: [email protected] Thank you for tuning in to today's episode.

Welcome to a new episode of The Wealth Principles. In today's episode, host of The Wealth Principles Charles discusses the fall of Silicon Valley's prized bank SVB and the impact that has had in the tech, financial and economic world. In this episode Charles covers key questions about SVB's collapse with: What is Silicon Valley Bank and exactly how large is the bank? What happened to SVB? How did the collapse happen so fast and what does this mean for tech companies in the near term? Why was SVB important to tech companies and what made then different thank other banks? Did SVB collapse so quickly because it's tied to tech? What is FDIC insurance and how does it work? Did customers of SVB actually get their money back? and much more. This Episode will be available on our Spotify, Apple Podcasts steaming platforms. Stay Connected with the Wealth Principles today by subscribing to our channels thank you.

It's the start of the new year, some of us are coming out of the holiday break and back to work and school. Others unfortunately received some shocking news where we learned we will no longer be employed by our current employer. Above all, the question that has been asked repeatedly at the course of last year into this year? Are we in a recession or not!? Welcome to Episode 70 of The Wealth Principles Podcast. In today's episode, host of the Wealth Principles Charles Danso, breaks down the effects of the current economic situation we are facing in particular highlighting the stock market. Charles first off explains what the stock market is, how to invest in stocks and what kind of stocks to look for this year during these turbulent times. Our Episode if broken down as follows: The History of the Stock Market Key Stock Market Terms everyone should be familiar with when investing. Options Explained and key terms to know. Different brokerages to utilize when investing/trading stocks and options The outlook of the stock market this year and what sectors to look for this year. This is an educational episode one that provides a breakdown on ways to create passive income, generational wealth and how to tackle the stock market from the comfort of your home. For Questions and request for additional information. Email us at: [email protected] This Episode is available exclusively on Spotify, Apple Podcasts and YouTube - Wealth Principles

How can I confirm my money is safe with the company? Is cryptocurrency actually legitimating or is it all a scam? What exactly did Bernie Madoff do to scam all his investors out of their money? We've all other asked these questions or have been asked questions like these and others similar to this as some point in our lives, and you may not be wrong in being skeptical of investing your earnings with the right individuals. Welcome to a new Episode of the Wealth Principles podcast. In today's episode we highlight what exactly is a Ponzi scheme and how someone may be in one without actual knowledge of the fact. We cover the intricacies of a Ponzi scheme by: I. The Definition of a Ponzi scheme II. The history of the name and its originations III. Red Flags to watch for when investing money with an investment manager/platform. IV. An example of a Ponzi scheme being performed in real time. V. What the future of investing money with individuals may shape out to be in the near future. Along with other examples such as the ones mentioned above. Make sure to like, subscribe and share today's episode and channel with everyone as we want to make sure we are protecting everyone from scammers such as Bernie Madoff and may others like him. Disclaimer: This Episode was made not to promote investing scamming but rather to protect individuals from falling into one. Thank you.

Non-disclosure Agreement or NDA as often used is a term we hear but may fully never understand what this agreement actually is. Many employers and parties have utilized NDA's to better protect their employees and sensitive information over the years and often times have better protected themselves in the process. In today's episode host of The Wealth Principles podcast (Charles), breaks down the elements of what exactly is an NDA and provide the advantages and disadvantages of creating one and how many more employers are utilizing NDA especially in today's technological environment. For today's episode kindly like, comment and subscribe to our channel on Spotify: The Wealth Principles | Podcast on Spotify APPLE Podcasts: The Wealth Principles on Apple Podcasts More episodes like this and many more and make sure to tune in next week as well as we cover what exactly is a Ponzi scheme and how to better protect yourself from falling into one.

Indeed! What a time to be alive. Welcome to the last episode of the 2022 year of the Wealth Principles Podcast. In today's episode, the team breaks down what has been an interesting yet challenging year to say the least. Some topics covered for 2022 is the high cost of gas prices, Job layoffs and Elon Musk's flirtation with a triple double as CEO of Tesla, Twitter and SpaceX and the mismanagement of the companies as a whole. In addition, the team introduces what we have in store for 2023 with guest speakers, topics and events planned out for the whole year. We are excited for the new year and want to wish everyone a safe and happy new year. Make sure to follow up on Spotify: The Wealth Principles | Podcast on Spotify Apple Podcast: The Wealth Principles on Apple Podcasts For Today's Episode and future episodes in our audio platform, thank you

Can operating multiple companies ever be too much!? Welcome to Episode 66 of the Wealth Principles in today's Episode, host Charles Danso explains how the modern CEO is now much more versatile than the CEO of our mom and father's era. CEOs like Elon Musk own and operate many companies outside of just one. However, as Elon Musk himself has stated on many occasions, there are many negatives along with positives in operating multiple companies such as burnout, lack of growth in one company verses another, and individualistic accomplishments trumping the overall success of the companies. Host, Charles Danso uses the struggles of Elon Musk in operating companies like Twitter, Tesla, and SpaceX all at once and how having other individuals operating other companies and focusing on one is more beneficial than harmful in the long run. A question that also arises is, is today's CEO have too much power and say in their companies!? How can a board of directors provide a checks and balances for today's CEO without taking away from the growth and success of the performance of today's CEO. This and many other questions and answers are covered in this Episode. In addition, make sure to follow us to as we provide our year end wrap in next week's episode, with many updates and special guest appearances.

Welcome to a new Episode of The Wealth Principles Podcast. In today's episode we break down and discuss Kanye West's now dissolved partnership with Adidas A.G. and the iconic Yeezy Sneaker brand. What today's episode covers includes The actual owner of the Yeezy brand and who holds the exclusive rights to manufacture and distribute the sneaker brand worldwide. What is the actual partnership Kanye had with Adidas and why was he trying to get out of the deal for all this time. How much did Adidas make off of the Yeezy sneaker sales and what was Kanye West's commission in the partnership with the company. The possible next steps Adidas and Kanye will take individually now that their split is confirmed. In addition, since it's been some time since our last recording our host Charles Danso breaks down our upcoming episodes and plans and possible upcoming guests for the Wealth Principles Podcast. Today's Episode is exclusively on Apple Podcast: ‎The Wealth Principles on Apple Podcasts Spotify: The Wealth Principles | Podcast on Spotify

There will be a time when there is a burden of difficulties that'll occur when it comes operating a business. In today's episode, the guys break down what these factors are and their impacts that has on a business. Moreover, to give more of a context you'll often run into staff issues which include hiring the right individuals with the skillsets required to help propel the company you are working for or operating. In addition, financial components are also a major factor that comes into play due to the fact when your business isn't making any money, it won't survive long in an economy that's always changing and fluctuating by the day. One of the main components and which you'll hear that been highlighted in this episode are the many leadership styles displayed and what ultimately may be yours a with a breakdown from Charles discussing the benefits and negatives of each style and its components. As a business manager (in any capacity of leadership) todays episode will assist in highlighting the many factors to be aware of that apply in one's day to day. This Episode is available on Spotify Apple YouTube Kindly share, like and subscribe to our channel for exclusive content like today's episode, thank you.

Michael Jackson is often regarded as the greatest entertainer of this era. What many of us forget in his entertainment popularity of how great of a businessman he was in addition to entertainer. In 1985 Michael Jackson became one of the most powerful music executives in the industry owning catalogs of groups such as the Rolling Stones and The Beatles and even publishing of Elvis Presley and many others. Michael also transcended at this time of ownership over one's recording owning 100% of his Masters. Why is that often times individuals like Michael Jackson often get overlooked for their business acumen? Is it just coincidence or a deeper meaning behind it? In today's episode hosts Charles and Daniel breakdown exactly how Michael Jackson became one of the most powerful music executives in the 80s and early 90s and how artists and creatives today and replicate the process of owning one's work. Today's episode will be available on Spotify, Apple Podcast and YouTube for our video portion of the podcast. Interested in sharing your story? Email us at: [email protected] to be a guest speaker on our podcast heard worldwide. Make sure to like, subscribe and share today's episode and any past and future, thereafter, thank you. Danso Solutions Inc - Network.

As many of us already may have heard, Elon Musk recently made a purchase of Twitter the social media news giant. The question many of us may also be wondering, why exactly is the billionaire looking to acquire a social media company? Well, is today's episode our host Charles breaks down exactly what that looks like. Topics surrounding a brief history of Twitter, how Twitter became known as a news novelty and the new look of Twitter in the days ahead now that Elon Musk has taken the helm, and much more will be discussed in today's episode. This Episode will be available on our streaming platforms of: Spotify Apple Podcasts YouTube Make sure to subscribe and like this episode and future episodes in support of our podcast, thank you!

Welcome to a new episode of the Danso Pitch. In today's episode we cover what exactly stock splits are and why companies such as Google, Apple and Amazon to name a few are engaging in this and what that means for you as an investor. Host of today's episode Charles also describes what it means when a company does a buy-back of its stock for shareholders along with the news to expect for this week. To listen to today's episode, subscribe to the Danso Pitch on: Spotify Apple Podcasts To be a featured guest email us @: [email protected]