Wealth Well Done
You’ve heard the narrative that the super wealthy don’t pay taxes and the rich keep getting richer. Unless your net worth has reached family office status, you likely don’t have access to understand how they do it. In this weekly podcast designed for affluent stewards, we will go deep into the financial planning tactics of the high net worth community. You will learn how “the rich” pay so little in taxes, and how that can apply to you. You will learn how the wealthy invest differently than the standard investor. You will learn how the biggest philanthropists in the world maximize the assets they give. All of this will be shared through a lens of understanding the responsibility associated with wealth and its impact on you, your family, and the world around you. In one facet, Eric, in cooperation with his expert guests, will demystify the _complexities and share some of the best strategies in the categories below to help you make informed decisions and grow your wealth. Getting healthy with money Investment portfolio design Real estate investing Alternative assets Tax planning Stewardship Philanthropy Risk assessment Estate planning Insurance Marital finance Succession planning Training the next generation Cash flow To accompany these wealth-enhancing strategies, we will also expose the significant, yet often overlooked, burden that comes with wealth. The increase in depression, suicide, and addiction amongst trust fund beneficiaries has been well documented. The changes people often undergo and the reduction in peace they have as their net worth increases points us to the conclusion that more money is not the answer. If the effects of an increase in finances haven’t been properly planned for, it can be devastating to a family for generations. We aim to equip you with practical and tested tools to transform your increase into a life-giving asset for your consumption and for your impact in the great commission. Eric Scovill considers himself to be a businessman for the Kingdom of God. His Christian faith shapes everything that he does, from the way he leads his family to the way he runs His businesses. Once a contractor, he followed God’s call on his life to leave it all behind and step into the great unknown. Now, he has an exclusive financial planning practice for HNW clients that don’t fit into the mold of the standard financial advisor’s plan. He is a co-founder of a cryptocurrency hedge fund, Bedrock Digital Assets Management, and a venture capital business consulting and syndication company, YouAre Launched. Together, these companies serve his clients and investors to provide a suite of alternative assets that fit inside a highly valuable financial plan tailor-fitted to the individual’s aspirations for their own finances. Wealth, and its impact on humanity, are among the most intriguing concepts worth pondering. The endless pursuit and insatiable craving for more, the collection of knowledge and assets held amongst the elite few, its ability to positively and negatively impact lives, the many teachings devoted to it in the Bible, and yet the relative unimportance placed on it by God; there is much to be studied and understood about this concept called money. The love of it is the root of all evil, yet a proper heart toward it can lead someone into a deeper faith and relationship with Jesus. Eric and his guests are sure to provide the listeners a nearly unquantifiable amount of value, exposing you to solutions you probably didn’t know existed and teaching you how to implement them yourself or with your own financial team. After listening, not only will you know how to maximize your income and your investments like the wealthy, you’ll also know how God’s rules and teachings around money can guide you into exponentially more while also protecting you from the pitfalls of excess wealth. Target audience: A couple seeking the tactical strategies employed by the high net worth community to multiply their wealth through a reduction in what goes out and a multiplication of what has remained within. They are growing in the awareness of the responsibility that accompanies this blessing and desire to be intentional with how money impacts their own lives as well as the lives of others. They want to be effective and efficient in their technical strategies and thorough in the assessment of the intangible effects their wealth brings.
Episodes
Monday Oct 07, 2024
Monday Oct 07, 2024
Have you ever wondered about the true meaning and power behind praying "in Jesus' name"? In the latest episode of the Wealth Well Done Podcast, Eric Scovill is joined once again by Pastor Isaac Schafer as they dive deep into the biblical concept of "name theology" and what it means to align our prayers with the character and will of Christ. Take this challenge to move beyond the mindless repetition of these words and truly understand the weight and significance they carry.
[00:00] Introduction
[03:46] Biblical references and challenges to salvation
[09:25] How salvation is evidence of our love for Yahweh
[14:47] The power and meaning of “in Jesus’ name”
[18:11] Understanding the name theology
[23:45] How to pray in Jesus’ name
[28:32] Praying in accordance to who Jesus is
[35:39] A prayer for listeners
Monday Sep 30, 2024
Monday Sep 30, 2024
In this episode, Eric Scovill sits down with Pastor Isaac Schafer as they delve into the multifaceted portrayal of Christ in Scripture, exploring the tension between the gentle, loving Jesus and the fierce, conquering King. How do we reconcile these seemingly contradictory aspects of His character?
Join us as we unpack the depth and complexity of the Savior's nature, and discover the importance of pursuing a relationship with the unchanging God who demands our utmost loyalty and devotion.
[00:00] Introduction
[04:16] Exploring Psalm 40 and its implications
[11:00] The dual spiritual nature of the cross
[16:55] Reconciling God’s wrath and mercy
[23:21] What it means to understand with discernment
[29:28] The need for a balanced view of Jesus
[33:50] Defining loyalty to Yahweh
[39:15] Having the intention to really know Yahweh
Resources Mentioned:
Gentle and Lowly by Dane Ortlund
Monday Sep 23, 2024
Monday Sep 23, 2024
The Freespoke team is back again, joining Eric Scovill, to tackle the critical issues of our time. From combating information suppression and the dangers of pornography, to the transformative power of homeschooling, this episode is a must-listen for anyone seeking to navigate the digital landscape with wisdom and discernment.
In a world where information is power, the battle for truth has never been more crucial. Prepare to be inspired and empowered as we explore practical and spiritual ways to steward our wealth and our lives well.
[00:00] Introduction
[02:23] The truth behind information suppression happening today
[06:42] The role of pornography and technology in society
[12:27] How Freespoke is combating child porn and child sexual abuse
[21:39] Homeschooling as a choice for education
[29:55] Choosing to homeschool out of freedom, not fear
[35:43] Navigating political searches and information
Resources Mentioned:
www.freespoke.com
Fight the New Drug
Monday Sep 16, 2024
Monday Sep 16, 2024
In a world where information is power, how can we ensure we're accessing the truth? In this episode, we dive into the world of online search and information consumption, exploring the challenges posed by the current digital landscape and the solutions offered by Freespoke, a search engine competitor to Google.
From the importance of balanced perspectives and critical thinking to the need for privacy protection and reliable information, this conversation sheds light on the complexities of navigating the digital age and empowering ourselves and our families to make informed decisions.
Here are some topics from today’s discussion:
Introducing Freespoke and its unique approach to search
Addressing the fear and information overload during COVID-19
Balancing holistic and Western medicine perspectives
The role of social media and influencers in shaping information
The importance of debate and critical thinking
Practical steps for seeking and evaluating information
The benefits of Freespoke in providing balanced, privacy-focused search
Episode Highlights:
[03:14] A Balanced, Privacy-Focused Search Alternative
Freespoke aims to provide a balanced, privacy-focused alternative to Google by always showing both left and right perspectives on topics, fully protecting user privacy, and avoiding the display of pornographic content. It also aims to address the challenges of finding alternative perspectives on topics and protecting children's online safety, which many parents, especially mothers, are concerned about as young kids gain increased access to the internet.
[11:02] Navigating Health Information During COVID-19
The COVID-19 pandemic amplified the challenge of navigating health information, as the overwhelming influx of data and lack of critical thinking skills led many, especially mothers, to struggle with discerning truth from misinformation.
[35:48] Freespoke Aims to Provide Balanced Search Results by Highlighting Both Sides of Issues
Search engines operate at a fundamental level based on recency and relevancy. This means that the search engine algorithm is designed to prioritize and display the most recent and relevant results for a given search query. However, this can sometimes lead to mainstream or popular sources being favored over less well-known but potentially valuable alternative perspectives. Kristen explained that Freespoke aims to address this by ensuring that both left-leaning and right-leaning content are presented side-by-side, allowing users to see a more balanced view on various topics.
Resources Mentioned:
www.freespoke.com
Monday Sep 09, 2024
Monday Sep 09, 2024
Are you ready to uncover the lies you've been told about your health and discover a transformative path forward? In this episode, Eric Scovill is joined again by Dr. Ryan Hewkin, a Christian chiropractor and co-host of the Natural Parents Podcast, who shares his transformative journey toward true health.
Diving deep into the biblical principles of stewardship, Ryan unveils the three biggest lies we've been told about our well-being and the practical steps we can take to reclaim our God-given vitality. From the power of nutrition and fasting to the importance of naturopathic and chiropractic care, this conversation offers a holistic, faith-based approach to optimal wellness.
Here are some topics from today’s discussion:
The three biggest lies about health: pills make you healthy, symptoms always require treatment, and your health is someone else's responsibility
The remarkable benefits of fasting, both from a physical and spiritual perspective
The role of naturopaths in addressing root causes and the importance of finding the right practitioner
The history and philosophy of chiropractic care, and how it can impact overall health
Episode Highlights:
[08:34] The Importance of Consuming Real, Natural Foods
When you eat an apple or another whole food, your body recognizes the organic compounds and knows exactly how to break them down and utilize them. However, with highly processed foods that contain long lists of artificial ingredients, your body struggles to properly metabolize these foreign substances, leading to potential health issues. Ryan says you don't need to spend a lot of money to eat well - simply focus on whole, minimally processed foods from nature that can provide far more nutritional value than the cheap, shelf-stable options found in packages.
[13:44] The Power of Fasting
Delving into the benefits of fasting, Ryan explains how it can improve glucose sensitivity, allowing the body to better regulate blood sugar levels. He highlights the spiritual aspect of fasting – the opportunity to grow in reliance on God's sustenance and to humble oneself before the Lord. He shares remarkable stories of how fasting can even aid the body in consuming harmful cells, showcasing the remarkable design of the human body.
[26:18] The Three Biggest Lies We’re Told About Health
Dr. Hewkin identifies the three major lies we've been told about health: (1) that pills make you healthy, (2) that symptoms always require treatment, and (3) that your health is someone else's responsibility. He emphasizes the disconnect between the high medical spending in the U.S. and the poor health outcomes, challenging the notion that more pills and procedures are the answer. Instead, he encourages us to trust our body's innate ability to heal itself and take responsibility for our own well-being.
Resources Mentioned:
https://excelsiorhealthcenters.com/
The Natural Parents Podcast
Monday Sep 02, 2024
Monday Sep 02, 2024
Are you listening to your body’s wisdom? In this inspiring episode, let’s dive deep into the wonders of the human body and explore the holistic approach to health and wellness with renowned natural health expert, Dr. Ryan Hewkin.
Prepare to be amazed as Ryan shares his wealth of knowledge on the incredible design of our bodies, the importance of gut health, and practical steps to optimize your overall well being. He also challenges conventional wisdom and sheds light on the biblical perspective of health, empowering us to become better stewards of the temple that is our physical body.
Here are some topics from today’s discussion:
The biblical perspective on health and the order of priorities
The powerful role of fevers in fighting infections
The intricate brain-gut axis and its impact on mental health
7 practical steps to support overall health and wellness
The importance of rest, hydration, and movement for optimal physiological function
Challenging conventional wisdom and embracing a more holistic approach to wellness
Episode Highlights:
[07:43] Natural Health is True Health
Ryan challenged the dichotomy between conventional and alternative medicine, recognizing true health aligns with how our bodies were designed by God. He acknowledged modern advancements but emphasized a conservative, biblically-rooted approach that sees the body as a temple, fearfully and wonderfully made. By aligning our lives with God's design, we can unlock optimal wellbeing and become better stewards of our physical bodies.
[08:36] Natural Health is True Health
In a chiropractic school experiment, Ryan grew bacteria in petri dishes at different temperatures. At normal body temperature, the bacteria thrived, but when the temperature was raised to mimic a fever, the bacteria were completely inhibited and unable to grow. This is because higher temperatures disrupt the delicate balance of bacterial cells, affecting their cellular structures and processes. Our bodies use this same mechanism when we experience a fever, creating an inhospitable environment that slows or stops the spread of harmful microbes. It is the perfect example of just one way that our body is always working for us, not against us.
[20:10] The Brain-Gut Connection and Its Impact on Mental Health
The brain and the gut are intimately connected through the brain-gut axis, a communication pathway mediated by the vagus nerve. This intricate relationship means that the health of our gut can significantly impact our mental wellbeing, influencing conditions like anxiety and depression. By understanding the crucial role of gut health and the body's natural defenses, we are empowered to take a more proactive approach to supporting both our physiological and psychological well being. Addressing gut health is essential for optimizing overall health and unlocking the mind-body connection.
[27:17] 7-Step Guide to Gut Health and Beyond
Adaptability: Getting checked by a neurologically focused chiropractor and practicing breathing exercises to help the nervous system adapt to stress.
Detoxification: Working with a functional medicine or root cause practitioner to identify and remove toxins, heavy metals, parasites, and other underlying issues.
Nutrition: Focusing on consuming nutrient-dense, whole foods to nourish the body.
Hydration: Drinking filtered water to avoid environmental toxins present in tap water.
Rest: Prioritizing quality sleep and establishing a healthy sleep-wake cycle.
Mindfulness: Taking time for self-reflection and being attuned to the body's needs.
Movement: Engaging in physical activity to support the body's natural functions.
Resources Mentioned:
https://excelsiorhealthcenters.com/
The Natural Parents Podcast
Monday Aug 26, 2024
Monday Aug 26, 2024
Unlock the power of hedge funds in crypto. In this episode, Eric Scovill continues the conversation with industry veteran Tom Costello to explore the world of hedge funds and their unique strategies, particularly in the rapidly evolving cryptocurrency market.
As an experienced quant and former hedge fund manager, Tom shares his expertise on how accredited investors can navigate the complexities of this space and potentially unlock new opportunities for wealth creation.
Here are some topics from today’s discussion:
Understanding the role and benefits of hedge funds for accredited investors
Tom Costello's extensive background in traditional finance and hedge fund management
The unique carry trade strategy employed by Bedrock Digital Assets, Tom's cryptocurrency-focused hedge fund
Evaluating hedge fund performance using financial databases and third-party validation
Bridging the gap between traditional finance and the cryptocurrency industry
Episode Highlights:
[05:16] The Stark Contrast Between Top-Tier and Underperforming Hedge Funds
The top-tier hedge funds, like Citadel and Tudor, consistently generate billions in profits each year, never losing money, while the smaller, retail-oriented hedge funds that frequently open and close often struggle and lose money, as the large funds have access to immense resources and are run by impeccably honest managers, in contrast to the smaller funds that are more prone to risky or unethical behavior.
[09:49] The Role and Benefits of Hedge Funds
The role of hedge funds is to provide accredited investors with positive cash flow that is uncorrelated to their other investments. Hedge funds are designed to act as a hedge, smoothing out volatility and delivering consistent performance regardless of market conditions. However, success depends on finding a skilled, reliable fund manager capable of executing this strategy effectively.
[40:55] Profiting from Market Inefficiencies
Tom views the hedge fund industry as the most competitive environment, likening it to the Roman gladiator pits. He explains that Bedrock Digital Assets' strategy is to identify mistakes and inefficiencies in the market, particularly the "huge volatility" engineered into the cryptocurrency space, and then find ways to capitalize on them. Leveraging his 30 years of experience in traditional finance, Costello aims to provide accredited investors with a stable, low-volatility investment option by profitably exploiting these market inefficiencies.
Resources Mentioned:
Bedrock Digital Assets
Monday Aug 19, 2024
Monday Aug 19, 2024
Worried about your investments in these uncertain times?
In this episode, Eric Scovill sits down with financial expert Tom Costello to discuss the current state of the economy and the challenges facing investors. From the impact of government policies to the role of the Federal Reserve, Tom provides valuable insights that can help listeners navigate the uncertain times ahead.
Whether you're an individual investor or simply interested in the broader economic landscape, get insights that could help you navigate the road ahead.
Here are some topics from today’s discussion:
The influence of presidential elections on the stock market
The Federal Reserve's tools and their effectiveness in managing the economy
The growing national debt and the trade-off between inflation and default
Japan's economic struggles and the potential for hyperinflation in the US
The importance of responsible financial behavior and the role of God in personal and governmental decision-making
Episode Highlights:
[05:37] The Impact of Presidential Elections on the Stock Market
Tom shares his perspective on how the personalities and policies of presidential candidates can influence the stock market. He argues that while the individual characteristics of candidates may not have a significant impact, their approach to taxation and government spending can have far-reaching consequences. Tom highlights the contrasting views of Donald Trump and Kamala Harris, with Trump favoring a more hands-off approach to the economy and Harris advocating for increased government control.
[13:47] The Federal Reserve's Role in Managing the Economy
Tom explains the Federal Reserve’s dual mandate of keeping unemployment low and maintaining positive economic growth. It has several key tools to manage the economy, including adjusting interest rates and serving as a lender of last resort. By raising or lowering interest rates, the Fed can influence borrowing costs and economic activity.
Additionally, the Fed's ability to provide emergency funding to financial institutions helps maintain system stability. However, the Fed must carefully balance these tools, as overly aggressive rate hikes could trigger recession, while low rates could fuel inflation. It's a delicate equilibrium the Fed must continuously navigate to foster sustainable growth and price stability.
[26:21] The Growing National Debt and the Threat of Hyperinflation
The United States' national debt has now reached over $35 trillion. The government now faces a difficult trade-off between allowing high inflation to gradually erode the real value of this massive debt burden, or the alternative of a selective default, which could have catastrophic global economic consequences. Drawing parallels to Japan's own struggles with an aging population, declining growth, and the need to keep interest rates artificially low to avoid bankrupting the government, Tom warns of the very real dangers of hyperinflation taking hold in the U.S. as well.
Monday Aug 12, 2024
Monday Aug 12, 2024
Unlock the hidden depths of Scripture and be transformed by the power of God's Word. Join Eric Scovill and Pastor Isaac Schafer as they dive deep into the rich theological tapestry of the Bible.
Discover how God uses imperfect people and angels to carry out His divine purposes and learn how Revelation can awaken believers to spiritual realities and anchor them in the victory of Jesus. Also, gain insight into the foundational role of Genesis in understanding God's plan for humanity, from creation to the brokenness introduced by rebellion.
Don't miss this insightful discussion on navigating the spiritual battle, beautifying the church through evangelism, and balancing violence and peace.
Here are some topics from today’s discussion:
Exploring the concept of "other gods" and the term "Elohim" in the ancient Near East
God's use of imperfect people and angels to accomplish His plans
The symbolism and cultural context of the book of Revelation
The foundational role of Genesis in understanding God's plan for humanity
Beautifying the church through rescuing people from other gods
Balancing violence and peace in spiritual warfare
Episode Highlights:
[06:40] God's Use of Imperfect Beings and the Significance of Revelation
The Bible reveals that God uses imperfect beings, both people and angels, to accomplish His will, challenging the Western perspective of a monotheistic God. This challenges the traditional view that God only works through perfect vessels, as the Bible clearly shows Him partnering with flawed individuals to carry out His divine purposes. God's use of imperfect beings is a testament to His sovereignty and the importance of relationship, as He desires willing partners rather than mere machines.
[12:18] The Significance of Revelation's Symbolism and Context
The book of Revelation is significant, as it is rich in symbolism that must be understood within its ancient cultural context. Approaching Revelation with this perspective reveals its purpose to awaken believers to the spiritual reality around them, anchor them in the victory of Jesus, and call them to action, rather than simply frightening them with end-times speculation.
[15:17] The Foundational Role of Genesis
Genesis 1-11 serves as a prologue to the entire Bible, setting the stage and context for the rest of God's redemptive work. Genesis establishes the physical and spiritual foundations that the rest of the Scriptures build upon – from the creation of the world to the brokenness introduced by human rebellion.
[20:24] The Importance of Filling the Earth and Subduing Chaos
As God's image-bearers, we are called to take His nature and multiply the environment of flourishing that He created in Eden across the entire earth. The implication is that there was something outside of Eden that needed to be subdued - the chaos that resulted from rebellion against God. Our role as God's representatives is to execute His will for global flourishing, creating an environment where there is free access to everything that will help and nothing that will hurt.
[25:07] Beautifying the Church Through Evangelism
The key to beautifying the church is rescuing people from the influence of other gods and inviting them into the family of God. This goes beyond creating an aesthetically pleasing community, but focuses on the spiritual transformation that occurs when people are delivered from serving false gods and brought into the light of Christ's kingdom. The church is not meant to be a perfect, polished institution, but a gathering of redeemed image-bearers working to multiply God's flourishing across the earth.
Monday Aug 05, 2024
Monday Aug 05, 2024
As the lines between the physical and spiritual realms continue to blur, how can Christians responsibly engage with the pressing issues of our time without succumbing to extremism or oversimplification?
In this episode, Eric Scovill sits down with Isaac Schafer, a pastor and theological scholar known for his balanced, biblical perspective. Together, they delve into the complex interplay between the spiritual and practical realms, navigating the challenges of current events through the lens of God's truth.
From the assassination attempt on President Trump to the nuances of salvation and holiness, this conversation explores the delicate balance required to address sensitive topics with wisdom and discernment.
Here are some topics from today’s discussion:
Navigating the bias and spiritual influences in current events
Understanding the concept of "footholds" and demonic influence
Exploring the simplicity and complexity of salvation
Examining the Old Testament perspective on holiness and the cross
Finding balance when addressing cultural and spiritual issues as Christians
Episode Highlights:
[09:16] How Human Choices Can Open Doors for Demonic Influence
The concept of "footholds" refers to how our choices and thought patterns can open the door for demonic influence. The most basic form of a foothold is a way of thinking that goes against God's instructions, such as indulging in alcohol despite biblical warnings against drunkenness. True change comes from renewing the mind to align with God's will, as the enemy first attacks our thought life in an attempt to lead us down a path of rebellion that can then invite more severe spiritual oppression.
[11:13] The Spiritual World and Its Rebellion Against God
The biblical teaching is that God first created the spiritual realm, including angels who later rebelled against Him. When humans also rebel against God, it opens the door for a partnership between physical and spiritual rebellion, which inevitably leads to chaos and destruction. The importance is placed on believing the Bible's account of the spiritual world and not relying solely on external teachings or interpretations.
[19:21] Exploring the Simplicity and Complexity of Salvation
Salvation itself is not complicated - it is about acknowledging Jesus as Lord. However, there are additional layers and nuances that can make it appear more complex. The key is being able to distill the core of salvation down to its most fundamental parts, while still appreciating the richness and depth of the biblical teachings on the topic. True mastery comes from understanding the overall canon of Scripture and being able to communicate the essence of salvation in a clear, concise way.
[26:39] The True Meaning of Holiness
The biblical understanding of holiness is not merely about being sinless, but about being designated as holy and set apart by God. Just because someone is free from sin does not automatically make them holy in God's sight. True holiness can only come from being designated as such by the one who is holy - God himself.