The Advice I’d Give My Grandchildren About Money & Life

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

#KosherMoney #JewishWisdom #TorahInsights #Cleveland #Dentists #Malzmacher #Ohio #Advice #MendyKlein #LivingLchaim #KM