Speaker 1: Something you should go something you should know is brought
Speaker 1: to you by Genesisgoldira dot com. That's also something you
Speaker 1: should know. You can put your retirement plan. I'm the
Speaker 1: gold Standard. Learn more and get a free Gold and
Speaker 1: Silver guide at Genesis gooldr dot com. Excited to have
Speaker 1: a guest join me in the studio. Right now we
Speaker 1: have Dave Debrees and you are now a published author.
Speaker 1: How does that feel?
Speaker 2: It feels surreal. It wasn't on the goal list this year,
Speaker 2: but here we are books ready to go, ready out
Speaker 2: to the public.
Speaker 1: So excited about it, and I've got a copy of
Speaker 1: it in my hand right here. It's called green Light Millionaire.
Speaker 1: How ordinary people build wealth using the stoplight strategy. Now
Speaker 1: I've not heard of the stoplight strategy, but I am
Speaker 1: also not a millionaire, so let's hear about it. What
Speaker 1: is the stoplight strategy?
Speaker 2: Yeah, So, as a financial advisor, this is an idea
Speaker 2: that I come up with. I'm trying to help educate
Speaker 2: clients as we help them transfer wealth from one generation
Speaker 2: to the next. And so I had tried different analogies,
Speaker 2: you know, planting seeds, and nothing ever seemed to really connect.
Speaker 2: And I started using a stoplight. Say, Okay, these assets,
Speaker 2: these accounts that you're about to get, are these green
Speaker 2: lights financially. They can help you propel yourself forward, help
Speaker 2: generate wealth. There are red lights in your finances, the debts,
Speaker 2: the lack of budgeting, over spending, those kinds of things. Yeah,
Speaker 2: when most people do. And so when I use this
Speaker 2: analogy of red light green light, it's just like it clicked. So,
Speaker 2: as we talk about in the book, the yellow light
Speaker 2: actually is your personal home. Because most people think their
Speaker 2: home is an asset, but the reality is your personal house.
Speaker 2: It costs you money every single month. Even if you
Speaker 2: haven't paid off, you still have to pay taxes, you
Speaker 2: still have to pay insurance, they're still upkeep, there's still utilities.
Speaker 2: And so the home personal house is what we call
Speaker 2: a yellow light, something that you should do. But you
Speaker 2: just need to be cautious about when you do that
Speaker 2: because it's for most people a pretty big purchase.
Speaker 1: That's really cool. Now, again, the book is called green
Speaker 1: Light Millionaire. We're going to talk about where people can
Speaker 1: get this here in a little bit. Yeah, but Dave
Speaker 1: Devrees is the author of this, and you are a
Speaker 1: financial advisor. How long have you been doing that because
Speaker 1: when I first met you, I met him as pastor Dave.
Speaker 1: He was my pastor. So, yeah, I think this is
Speaker 1: really cool that you're doing what you're doing. How long
Speaker 1: have you been doing this?
Speaker 2: Yeah, So I was a pastor for nine years and
Speaker 2: then about eight years ago I got kind of opened
Speaker 2: up a door to the financial services industry and now
Speaker 2: I'm at a point where I'm a senior partner at
Speaker 2: a Meadleland Financial Group and based out of suf Fall,
Speaker 2: South Dakota. And so it's been a fun journey.
Speaker 1: That's really cool. And I can tell that you love
Speaker 1: what you do. You just light up when you talk
Speaker 1: about it. And I love the fact that you know
Speaker 1: you've got this teaching spirit and the fact that you
Speaker 1: took what you've discovered and put it into a book,
Speaker 1: I think is amazing.
Speaker 2: Yeah, I think that's one of the things I'd missed
Speaker 2: as a pastor. You're up front at least, you know,
Speaker 2: typically once a week doing some kind of a teaching
Speaker 2: in some way, shape or form. So I think this
Speaker 2: was an opportunity for me to kind of continue that
Speaker 2: teacher's heart to help other people on their financial journeys.
Speaker 1: So the book Green light Millionaire. Like I said, we're
Speaker 1: going to talk about where they can get it, but
Speaker 1: let's talk about who this is designed for. Who should
Speaker 1: be looking at a book like this, and what position
Speaker 1: in life are they in right now? Where they're going
Speaker 1: I need to read that.
Speaker 2: Yeah, you know, the book really is not about a
Speaker 2: specific strategy to It really is about more how to
Speaker 2: think about your finances, and so it's how to understand
Speaker 2: what are the green lights in your life financially, what
Speaker 2: are the red lights in your life financially? And I
Speaker 2: think we all see stop lights on a regular basis,
Speaker 2: and so I think just the visual is very helpful
Speaker 2: for people. So initially people that need to learn what
Speaker 2: those mean.
Speaker 1: Yeah, exactly, people like that hasn't been yellow for a
Speaker 1: minute there.
Speaker 2: Fella, Yeah for sure. So initially it was written for
Speaker 2: these families that had largest states that they were passing
Speaker 2: down from one generation to the next and helping the
Speaker 2: whether it's the parents or the grandparents, communicate with their
Speaker 2: family about the importance of what's being passed down to them.
Speaker 2: And so it's a really a great tool for families
Speaker 2: that are passing down their estates. I also found it's
Speaker 2: just a very good tool for people to help them
Speaker 2: understand just how finances work. So whether you're just getting started,
Speaker 2: it can still be helpful or you're at the very
Speaker 2: end of the journey. Because one of the things we
Speaker 2: talk about in the book is whether you're eighteen years
Speaker 2: old or whether you're eighty eight years old, we still
Speaker 2: need to manage and sue it our money properly.
Speaker 1: And there are probably some people listening who are going, well,
Speaker 1: this doesn't really affect me because I'm not a millionaire
Speaker 1: and I don't have a ton of stuff. It doesn't
Speaker 1: matter if you have a little bit or a lot.
Speaker 1: It's yours and you still want to kind of have
Speaker 1: a say and where that goes and who gets it right.
Speaker 2: Yeah. Absolutely. I mean whether you've got a couple hundred
Speaker 2: dollars your name or a couple hundred million dollars to
Speaker 2: your name, the reality is you still want to steward
Speaker 2: those dollars properly, and every little bit helps. One of
Speaker 2: the chatters in the book, it talks about how the
Speaker 2: first one hundred thousand dollars of net worth is the
Speaker 2: hardest to get to because typically you're just trying to
Speaker 2: get traction. You might be just paying off debts or
Speaker 2: just started saving, and you don't always see the big
Speaker 2: returns right away, right but if you stay faithful in that,
Speaker 2: the little pieces, the little steps over time make a
Speaker 2: really big difference in the long run.
Speaker 1: Absolutely now again green Light Millionaire, How ordinary people build
Speaker 1: wealth using the stomp light strategy by Dave Devrees. Where
Speaker 1: can I find a copy of this?
Speaker 2: Yeah, so it's going to be for sale on Amazon.
Speaker 2: It'll launched Thursday. Website or that is a website I know,
Speaker 2: something brand new for people right up and coming, just
Speaker 2: brand new. Yeah, so it'll be available on Amazon and
Speaker 2: both kindles electronic, also soft cover hardcover. We're also doing
Speaker 2: a book launch party at our office on the thirteenth,
Speaker 2: but if we go to Amazon softcover, hardcover, digital be
Speaker 2: available at that point again Thursday, November thirteenth.
Speaker 1: And I will throw a link to make it easy
Speaker 1: for folks to find this as well. Again green Light Millionaire.
Speaker 1: The author of this Dave Derees in the studio right now. Dave,
Speaker 1: thank you for taking the time and thanks for putting
Speaker 1: your heart into this.
Speaker 2: Yes, absolutely, Hopefully it's a blessing to lots of people,
Speaker 2: those that are listening.
Speaker 1: Absolutely again, the launch party on the thirteenth is at
Speaker 1: opened everybody or who's at all?
Speaker 2: Yeah, open, open, invite. Yeah, It's at our office at
Speaker 2: seventy five oh five South Louis Avenue and Sioux Falls
Speaker 2: from five to seven, So feel free to stop by.
Speaker 2: We're actually going to run a special just as people know.
Speaker 2: On the thirteenth, the Kindle version will be free for
Speaker 2: one day only. I talked with the publisher to kind
Speaker 2: of celebrate the launch. The Kindle version will be free
Speaker 2: again only on November thirteenth. They can also go to
Speaker 2: green light Millionaire dot com. Nice to get some more
Speaker 2: information on the book, kind of how it came about
Speaker 2: and that. But yeah, otherwise, Amazon dot com is where
Speaker 2: it will be sold.
Speaker 1: Very nice Again. Dave Derees has been our guest. If
Speaker 1: you'd like to learn more of the book, Greenlight Millionaire
Speaker 1: all of the details at greenlightmillionaire dot com. Hey, Something
Speaker 1: you should Know. Something you should Know is brought to
Speaker 1: you by Genesisgoldira dot com. Put your retirement plan on
Speaker 1: the gold Standard. Get a free Gold and Silver guide
Speaker 1: now at genesisgoldra dot com.