True wealth is built on real estate insight, smart investment strategy, disciplined money habits, and aligned relationships. Dr. Nicholas Michels breaks down how to become truly “Rich By Choice.”
This episode is a paid partnership with BetterHelp.https://betterhelp.com/bricksandbanksGoing to therapy is a sign of strength, not weakness. My paid partner BetterHelp makes therapy simple, with 10% off your first month to help you get started.
In this powerful Bricks and Banks Podcast episode, Dr. Nicholas Michels — Founder of Michels Family Financial, bestselling author of Rich By Choice, Certified Financial Planner, and former pro athlete — reveals what it really means to build wealth with intention.
From childhood financial trauma, to turning down an $8.1 million signing bonus, to building a marriage-centered financial firm, Dr. Nick shares the money psychology, relationship alignment, real estate mindset, and purpose-driven strategies that help families transform their financial future.
This episode blends real estate, finance, wealth psychology, investment strategy, mindset, and generational legacy into one masterclass.
🔥 Key Takeaways
How childhood instability shaped Dr. Nick’s view of money as security
The emotional psychology behind every financial decision
Why discipline from sports, business, and early jobs shaped his wealth mindset
The real story behind rejecting $8.1M
Marriage + money: transforming conflict into alignment
What “Rich By Choice” truly means
The biggest money myth destroying families today
A powerful client transformation that changed everything
How to connect investments to legacy, peace, and purpose
What families must prepare for in the next 5–10 years
First steps for anyone buried in financial stress
🌐 Guest Resources
Website: https://michelsfamilyfinancial.com/
LinkedIn: https://www.linkedin.com/in/nicholas-e-michels/
Get the book - Rich By Choice: https://richbychoicebook.com/
🔥 Affiliate Tools
Vidiq – https://vidiq.com/bricksandbanks
🎙 Bricks and Banks Credibility
We’re ranked in the Global Top 5% on ListenNotes with a Listen Score of 34.Help us reach the Top 1% — hit subscribe!