Generational Wealth Begins With Generational Knowledge®#1 Bestselling Author Dr. Joaquin WallaceAvailable now: https://amzn.to/4lsZfw8Throughout our lives, we've been told that money talks. But for many of us, it speaks a language we were never taught to understand.Why do 70% of wealthy families lose their fortune by the second generation, and 90% by the third? The answer lies not in failed investment strategies but in what Dr. Joaquin E. Wallace calls our "Financial Genetic Code," encompassing our Inherited Financial Narratives, Encoded Financial Behaviors, and traumas that quietly shape how we relate to money.In Generational Wealth Begins with Generational Knowledge®: The Seven Stages of Financial Empowerment and a Legacy of Prosperity, Dr. Wallace presents his groundbreaking Seven-Stage Generational Wealth Model©. This comprehensive framework addresses both the psychological and practical elements of building lasting wealth.Grab a copy of Dr. Wallace's bestselling book "Generational Wealth Begins with Generational Knowledge" which offers a blueprint for understanding your financial genetic code and building wealth that lasts. Available now: https://amzn.to/4lsZfw8Learn more about Dr. Joaquin Wallace: https://www.drjwallace.comFollow us on social media at:Instagram: https://www.instagram.com/dr.joaquinwallaceX/Twitter: https://twitter.com/_JoaquinmediaYouTube: https://youtube.com/@TheNewWealthWavePodcast LinkedIn: https://www.linkedin.com/in/dr-joaquin-wallace-91819514

A heartfelt thank you to our esteemed guests from Q4 of 2025 for The New Wealth Wave Podcast. Your discussions were not only challenging but also instrumental in driving change and making a significant impact on our audience. Let's revisit each guest's most viewed highlights. These moments have enriched our conversations and inspired actions toward creating generational wealth beyond mere financial literacy. Your Financial Past Isn't Your Financial Future with James Alexander, CFPhttps://youtu.be/jN6mwExpOZ0Getting Out of Your Own Way Financially with Dr. Gary Clementhttps://youtu.be/SDn2h1SoBZAClosing the Wealth Gap: Breaking Poverty Mindset with Tyrone Frenchhttps://youtu.be/WAk2EAar76ESubscribe to The New Wealth Wave Podcast and grab a copy of Dr. Wallace's bestseller, "Generational Wealth Begins with Generational Knowledge," on Amazon: https://amzn.to/4lsZfw8____________________To learn more about Dr. Joaquin Wallace and the Generational Wealth Model, visit: https://www.drjwallace.com

Making good money but still feel like you're going nowhere fast? Tyrone French knows exactly why—because he lived it.

In this episode, Dr. Joaquin Wallace is joined by Tyrone French, founder of Tyrone French and Associates with over 34 years of experience as a personal finance coach. As an Accredited Financial Counselor and host of the Closing the Wealth Gap podcast, Tyrone has dedicated his career to empowering the 95% who feel left behind by traditional financial conversations.

"Each person is wired differently on how they think about money based on their past. We have to understand that past first in order to move forward," Tyrone explains. But understanding your past is just the beginning. The real transformation happens when you shift from a poverty mindset to an abundance mindset.

Tyrone doesn't hold back: traditional financial literacy has failed because advisors keep "regurgitating the same tired notions" without teaching people how to actually apply the knowledge. This conversation explores what happens when you combine financial education with real-world application and mindset transformation.

In this episode, you'll discover:

• Why Tyrone went from buying $3 shoes at Boys Market to working at McDonald's at 16—and what that taught him about financial independence

• The moment Tyrone realized he had no leverage at McDonnell Douglas—and how that awakening changed his entire financial trajectory

• Why looking wealthy (clothes, cars, jewelry) kept him broke in his twenties—and how he broke that cycle before it was too late

• The foundation every financial house needs that most people completely misunderstand

• Why 80% of financially struggling people actually have the discretionary income to change their lives—they just don't know the process

• The "shirtsleeves to shirtsleeves in three generations" cycle and exactly how to break it

• The poverty mindset that must be ripped out and replaced—and how to recognize it in yourself

Tyrone is emphatic about the importance of Dr. Wallace's book—not just for consumers, but for financial professionals too. "People think advisors are just naturally smart," he explains. "But there's a book out there that anybody can read." He calls "Generational Wealth Begins with Generational Knowledge" the book he would have written himself and insists every financial advisor who's serious about their profession needs to read it.

This conversation goes beyond budgets and investment accounts. It's about understanding your financial genetic code, healing from past trauma, and making the decision to pay yourself first—even when that decision feels agonizing.

Connect with Tyrone French:

https://www.tyronefrench.com

Toll-free: (877) 296-5192

Download the Tyrone French App: https://www.tyronefrenchapp.com

Book: "Closing the Wealth Gap"

LinkedIn: https://www.linkedin.com/in/tyronefrench/ Facebook: https://www.facebook.com/tyrone.french1

Subscribe to The New Wealth Wave Podcast for more conversations that challenge traditional financial advice and help you understand the psychology behind building lasting wealth.

Dr. Wallace's Amazon bestseller "Generational Wealth Begins with Generational Knowledge" provides the blueprint for understanding your financial genetic code and creating generational prosperity.

Tyrone calls it "the book I would have written myself" and says it's essential reading for both consumers and financial professionals. Available on Amazon: https://amzn.to/4lsZfw8

Dr. Wallace's Website: https://www.drjwallace.com