Episode 001: Taxes 101: What They Don’t Teach You (And How to Win the Game)

Did you know that most Americans work over half the year just to pay their tax bill? In this eye-opening episode of Growing The Money, host Rich Lennon exposes the hidden tax burdens that keep people from building wealth and reveals strategies the wealthy use to win the financial game.

You'll Learn How To:

• Understand why financial education is missing from schools
• See how taxes dramatically impact wealth-building potential
• Identify different types of taxes that eat away at your income
• Leverage strategies the wealthy use to minimize tax liability
• Use the Rule of 72 to accelerate financial growth
• Recognize why real estate is good for creating, but not growing, wealth
• Build an FU wall to protect your money from excessive taxation

What You’ll Learn in This Episode:

(00:42) US education fails in teaching financial literacy and wealth-building.
(01:24) Most Americans work over 50% of the year just for taxes.
(01:52) Doubling a penny daily grows to $10.7 million in 30 days.
(02:10) With taxes, that compound growth drops to $34,000 only.
(02:29) List of income, self-employment, social security, and estate taxes.
(03:34) Federal, state, and local taxes strip more of your earnings.
(04:40) The government creates barriers that prevent true wealth-building.
(08:06) Rule of 72 shows how money doubles with high returns.
(09:30) 30% return doubles wealth every 2.5 years; 50% in 1.5 years.

Who This Episode Is For: 

• Individuals frustrated with high taxes and slow wealth growth
• Entrepreneurs looking for tax strategies to maximize profit
• Real estate investors seeking better ways to grow their money
• Anyone serious about financial independence and early retirement

Why You Should Listen:

Rich Lennon breaks down complex tax systems into simple, actionable insights that can transform how you approach wealth-building. Whether you’re a beginner or an experienced investor, this episode will give you the financial literacy that traditional education ignores. Don’t let taxes steal your wealth. Learn the strategies of the wealthy and start winning the money game today. Tune in next week as Rich reveals how to safely earn 30-50% returns with minimal risk!

Follow Rich Lennon here:

• Website: https://richlennon.com/
• Facebook: https://www.facebook.com/rich.lennon.121
• Instagram: https://www.instagram.com/richlennon92/#