For some reason, people who make money, you might be making money, still feel broke. Today's department is the money department. And so I'm so excited to have on the department today. I have Mario Payne, financial expert, money expert. You need to be a millionaire to accelerate your wealth. It just doesn't make any sense. So as a W-2 employee, yes, you can accumulate your wealth. The IRS is your biggest business partner that you ever have. It's so many things you can do via the tax code and structure your business properly where you can accelerate your wealth through leverage. I look at money and leverage, more importantly, as a fast pass. I saved the company $4.6 million. That whole model of not having debt, financially speaking,

it's kind of the dumbest thing that you can do. What are some money myths that you've found that

people are stuck in? Oh man, it's many. Number one. Can we just get right into some of the lies around money because people are, they obviously

clicked up this video or this podcast because they want to make more.

They want, they see people, you know, whether they're making a lot or paying nothing in taxes

or all these things, but what are some money myths that

you've found that people are stuck in? Oh, man, it's many. Number one, the IRS is a take or not a

giver. The IRS is your biggest business partner that you ever have. I've never heard that before.

Never heard that. Because I think the IRS is out to get me. Give me all your money. No, no.

The IRS is your biggest business partner that you ever have. If you're able to structure your business properly and use a tax code to your advantage, it's so much more money that comes back into your pocket. So that happens and you're able to grow. So that's the myth number one. Myth number two is that you need to be a millionaire to accelerate your wealth. Like our program is called the wealth accelerator program, and we literally try to find ways

to you to accelerate your wealth.

So if you have a couple dollars, you're just growing in your business, it's so many things you can do

via the tax code and structure your business properly where you can accelerate your wealth

through leverage.

What about if you're like a W-2? Oh. Because I think W-2s feel like they can't build wealth, which I know is alike. Because like when my wife were making $60,000 combined income, working at a church full-time, we still were able to buy a home. Yeah. And all those things. So like, yeah, can you help, like, in this regard? Because I don't want people to feel like this is only for business owners. Of course, yeah, yeah. Now, I would say the tax code was created for business owners. Because business owners, we are taking on the risk. You have this beautiful studio. You have a great empire that you've built. You took on the risk. So because you took on the risk, the IRS rewards you for that. So as a W-2 employee, yes, you can accumulate your wealth, A by Maxenotra 401K, a by doing an HSA account where you can put up to $8,000 a year. H-SA? Yeah, HSA, yeah, health savings account. So a health savings account, anybody that's a W-2 employee, if you have a high-deductible health plan, you can have it per tax code 2025. You're able to put $8,600 into that, and it's taxed afurs. Let's say as a W-2 employee, I make $100,000. $100,000, I put $8,000 in, that decreases the value that I'm taxed at from $100,000 to $92,000. It doesn't stop there, though, because you have triple tax advantage. It's the only thing out there where it's triple tax advantage. Number two, it grows tax deferred. So as my investments in that account grows, I don't pay taxes year by year when it goes up.

But then number three, if I take it out for anything prescription-related, health insurance-related.

What about the gym?

The gym? If your doctor prescribes that, yes.

What about chiropractor, massage, stretching?

Oh, yeah. Oh, yeah. All that's's health related. Actually had two clients last year get BBLs, BBL Jerusalem, literally BBL's because of this, because, you know, they was going to have some complications and they were, you know, their weight wasn't not where it's supposed to be. So the doctor said, hey, if you get this,

you're going to lose weight. You know, we approve this. So they didn't get the BB. BBL. So when they took the money out of that account, they didn't pay any taxes. So theoretically speaking, let's say for two years, I put $8,000 apiece. It's at $16,000. Two years later, it grows to $20,000. So that $4,000 of growth, I didn't pay taxes on.

And when I pull it out, all $20,000, I get tax-free. So as a W-2 employee, that's huge. Okay. But then also... So we have the IRS is intended to give you money, not take away. Yes. You can make, you don't have to be a millionaire to be wealthy. No. Leverage. Which even like the idea of wealth itself I find is, it is self-defined. Correct. Like what do you think about or what do you believe about when you believe about wealth? And that is the problem because of how we were raised. But okay, the third one. Yeah. Well, no, we're speaking about wealth. like when a client sits down with us, that's the first question to ask, what does wealth look like to you? Because

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