The Advice I’d Give My Grandchildren About Money & Life
Kosher Money
Living Lchaim
4.9 • 843 Ratings
🗓️ 4 February 2026
⏱️ 64 minutes
🧾️ Download transcript
Summary
This is one of those episodes that just keeps getting better as it goes.
Our guest this week is a Cleveland-based entrepreneurial dentist who is as kind as he is impressive.
He invited us into his home to share deep wisdom on wealth, health, and raising a family, culminating in a masterclass on how the '1%' actually get things done.
Dr. Louis Malcmacher is a world-renowned educator, businessman, and a true chessed machine. Enjoy!
(My thanks to David Wester for the video and audio of this episode and to Chaikel Kaufman and friends for facilitating it!)
👉 ✬ SPONSORS OF EPISODE 108 ✬
► NQGRG – Halachic estate planning made simple. Protect your family, legally and according to Torah law. Visit https://NQGRG.com or email Shlomo at sk@nqgrg.com - it's peace of mind!
► BITBEAN – Turn big ideas into scalable, AI-powered software. Learn more at https://bitbean.link/4edg53
► COLEL CHABAD – Feeding families in Israel since 1788. Make a difference today: https://ColelChabad.org/KosherMoney
✬ Helpful Efforts Out in the World ✬
• Living Smarter Jewish brings free financial coaching to families: https://livingsmarterjewish.org/
• Kosher Debt Help – Honest, agenda-free help if you're in debt: https://www.kosherdebthelp.com/
• Kosher ADHD – Practical guidance for families living with ADHD: https://kosher-adhd.com/
CHAPTERS:
00:00 Intro
00:40 Growing Up in Cleveland
02:10 Going to Public School
03:40 Becoming More Orthodox
04:45 His Father’s Shoe Store
05:20 The First Job
05:57 Other Early Jobs
06:27 Learning From Every Experience
07:29 Going Into Dentistry
08:57 Starting His First Practice
10:26 Leveling Up and Taking Risk
14:27 Reliable Halachic Planning at NQGRG
17:34 His Biggest Mistake
18:25 Taking Risks in Dentistry
19:34 The Opportunity with Ancillary Revenue
22:12 Staying Within the Industry
24:21 Having Tough Conversations
27:13 A Message to Educators
28:58 BitBean Takes Your Big Ideas and Brings Them to Life
29:45 Living in a Materialistic World
35:10 The Costs of Living in Different Places
38:24 Being Involved in Community Work and Finding Time
41:57 Colel Chabad Feeds Thousands of Families in Israel
42:48 The Legacy of Mendy Klein
46:18 Working Your Way Up to Success
48:00 Children With Different Labels Can Achieve Success
49:26 Brush Your Teeth!
50:08 We Do Not Take Care of Ourselves
52:34 Get Things Done
59:02 The Many Talents of the Jewish Nation
59:29 Thank You Dr. Malcmacher
1:01:10 Outro: Takeaways, Sponsors and Giveaway Announcement
Follow Kosher Money on TikTok & Instagram: @koshermoneypod
Visit our BRAND NEW Website: https://www.livinglchaim.com/
Call-in Hotline: USA 605-477-2100 | UK 0333-366-0154 | Israel 079-579-5088
WhatsApp feedback: 1-914-222-5513
Kosher Money is the bi-weekly podcast from Living Lchaim, hosted by Eli Langer.
#KosherMoney #JewishWisdom #TorahInsights #Cleveland #Dentists #Malzmacher #Ohio #Advice #MendyKlein #LivingLchaim #KM
Transcript
Click on a timestamp to play from that location
| 0:00.0 | As you can tell, we're on the road for this episode, and this is one of those episodes that just |
| 0:04.8 | get better and better as you listen. Our guest this week is a Cleveland-based entrepreneurial |
| 0:10.4 | dentist who is as kind as he is impressive. He invited us into his modest home. He shared deep |
| 0:16.8 | wisdom on wealth, health, had a raise a family, and the conversation culminated in a |
| 0:22.1 | masterclass on how the 1% actually get things done. His name is Dr. Louis Malzmacher, and he's |
| 0:29.6 | a world-renowned educator, a successful businessman in a true Chesad machine. I know you're |
| 0:35.5 | going to love this episode because I absolutely did. Enjoy. |
| 0:39.8 | You grew up in Cleveland, Ohio? Yep. Born and bright, Cleveland, Ohio. And you're still in |
| 0:44.8 | Cleveland, Ohio? I'm still in Cleveland, Ohio. I took three years off to go to Yashiva University, |
| 0:50.0 | and I'm still in Cleveland, Ohio. What was life like growing up? That is a great question, especially with parents that were Holocaust survivors. |
| 0:58.8 | And I mean, life was great. |
| 1:01.7 | They had a completely interesting outlook on life. |
| 1:04.9 | The Holocaust was something they went through, but they weren't going to burden their children with it. |
| 1:11.2 | But they, my father talked about it all the time. |
| 1:13.2 | My mother never talked about it. |
| 1:14.8 | Left it to my father. |
| 1:15.9 | He almost made it sound like an adventure. |
| 1:18.5 | It was a very tough adventure, but it was an adventure. |
| 1:22.0 | And there was something that, you know, he was all about rebuilding. |
| 1:27.3 | I mean, that's what he was really all about. So that's, |
| 1:29.8 | that frames kind of like how we grew up for that. But I have three sisters. I'm the only boy. |
| 1:37.6 | And at that time in Cleveland, Ohio, the public schools were mostly Jewish. But it was really |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Living Lchaim, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Living Lchaim and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.