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August 24, 2025

Welcome Back,

Happy Sunday, friends!
Good morning ☀️—I hope today brings you the perfect mix of rest, reflection, and maybe a little excitement for the week ahead.

Here’s a thought to sip on with your coffee: most people spend their lives thinking like earners—trading time for money, paycheck to paycheck. But the real shift happens when you start thinking like an owner—building, creating, and letting your money (and ideas) work for you.

That’s what today’s post is all about: Stop Thinking Like an Earner. Start Thinking Like an Owner. It’s not just about building wealth—it’s about building leverage, freedom, and a life that isn’t controlled by someone else’s clock.

Let’s explore how to make that mindset shift together today.

Ryan Rincon, Founder at The Wealth Wagon Inc.

Quote of The Day

"Courage is grace under pressure."

Ernest Hemingway

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Travel

Asheville route to Blue Ridge Parkway reopens
WLOS reports that a key route to the Blue Ridge Parkway in Asheville has reopened after maintenance, bringing relief to residents and tourists. Local businesses are excited to welcome back visitors. Officials expect the reopening to boost tourism ahead of the fall travel season.

Weekend highway closures in Western Washington
KIRO 7 reports that major highway closures are planned across Western Washington this weekend, potentially disrupting travel plans. Officials urge drivers to plan alternate routes and allow extra time. The closures are part of ongoing maintenance and infrastructure upgrades.

28th Street’s role in local economy highlighted by Metro Cruise
WoodTV.com covers the annual Metro Cruise, which draws crowds and boosts the local economy. The event celebrates the region’s automotive heritage, featuring classic cars and family-friendly activities. Local businesses report a noticeable increase in sales during the festivities.

U.S.

Donald Trump becomes Corporate America’s newest activist investor
According to The New York Times, Donald Trump is positioning himself as a powerful activist investor. His influence is reshaping corporate decision-making as companies brace for political and economic pressures. Analysts are watching closely to gauge the impact on business and stock markets.

Crackdown on U.S. visa holders ramps up
The Associated Press reports that the Trump administration has intensified efforts to monitor and restrict visa holders. Critics argue that the policy creates uncertainty for international workers and students. Supporters claim the measures are necessary to protect domestic job opportunities.

European postal services halt packages to U.S. over tariffs
CBS News reports that European postal carriers have suspended shipments to the U.S. in response to new import tariffs. The move is causing delays for businesses and consumers who rely on international deliveries. Officials are seeking solutions to ease the disruption.

World

Taiwan holds key votes on lawmakers and nuclear power
AP News reports that Taiwan is voting on whether to recall several opposition lawmakers and revive its nuclear power program. The outcomes could reshape the island’s political and energy landscape. Voter turnout is being closely monitored amid rising geopolitical tensions.

U.S. silent as Israel defies Gaza famine report
The New York Times reveals that after a report highlighting famine in Gaza, the U.S. has remained largely silent, while Israel rejects the findings. Humanitarian groups are calling for immediate action to address the crisis. The situation continues to strain diplomatic relations.

Iranian policemen killed in southern attack
The Jerusalem Post reports that several Iranian policemen were killed in a deadly attack in the country’s south. Authorities have launched an investigation into the perpetrators. The incident highlights ongoing security challenges in the region.

Politics

Powell hints at possible cuts but stops short of commitment
KSL.com reports that Federal Reserve Chair Jerome Powell has acknowledged job market risks but has not committed to immediate rate cuts. Markets remain volatile as investors try to interpret his cautious stance. Analysts suggest policy decisions will hinge on upcoming economic data.

Pentagon intelligence chief dismissed
Reuters reports that the head of the Pentagon’s intelligence agency has been fired, a decision that surprised many in Washington. Lawmakers are demanding clarity on the reasons behind the dismissal. The shake-up comes amid heightened global security concerns.

Lokesh faces pressure over party discipline
Greatandhra.com reports that Lokesh, a key political figure, is under pressure to address internal party disputes. Rumors suggest he may take strong measures against dissenting members. The developments could have significant implications for the party’s future strategies.

Finance

How to fight back after health insurance denies coverage
NBC News provides practical steps for patients dealing with denied prior authorizations. Experts recommend appealing the decision with detailed documentation and persistence. Consumer advocates stress that many denials are overturned upon review.

Soybean market strengthens, led by bean oil demand
Barchart.com reports that soybean prices rose sharply on Friday, driven by strong demand for bean oil. Analysts see the trend as a sign of shifting global commodity markets. Farmers and traders are watching for continued momentum in the coming weeks.

ACA insurance costs projected to rise by 75% next year
The Spokesman-Review warns that ACA insurance costs could increase by as much as 75% in 2026. Policy experts say the surge is due to rising medical costs and market instability. Lawmakers are facing mounting pressure to find solutions to keep healthcare affordable.

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Today’s Snapshot

Stop Thinking Like an Earner. Start Thinking Like an Owner.

Let’s be real: most people — even high earners — are stuck in “earner mode.”
You make money, you spend money, maybe you save a little. Repeat.

But here’s the uncomfortable truth:
You don’t build wealth by earning. You build wealth by owning.

That’s the quiet secret of every wealthy person you admire. They don’t just collect paychecks; they collect assets. And those assets work harder than they ever could.

Today, let’s talk about how to make that mental — and financial — shift, and why it’s the single most valuable move you can make this year.

The Big Mental Shift

There are two types of people:

  • Earners: Trade time for money. Their income stops if they stop working.

  • Owners: Trade money (and strategy) for assets that keep earning whether they’re working, sleeping, or sipping a cocktail on vacation.

When you think like an owner, every dollar that hits your account has a job — to create more dollars.

This shift sounds small, but it changes everything: your spending habits, your investing decisions, even your career choices.

The Three Buckets of Ownership

Here’s a simple framework that works whether you’re making $50K or $500K:

1. Own Businesses

This doesn’t mean quitting your job and launching a startup tomorrow. It can be as simple as:

  • Starting a lean side hustle (consulting, digital products, or services).

  • Taking equity instead of cash in a startup or partnership.

  • Buying into an existing business (franchises, micro-businesses, or even online stores).

Businesses create cash flow — and that cash flow funds more ownership moves.

2. Own the Market

For the vast majority of people, this means:

  • Index funds and ETFs. Boring? Yes. Effective? Absolutely.

  • Automate regular contributions — don’t try to time the market.

  • Use tax-advantaged accounts like IRAs, 401(k)s, or solo 401(k)s if you run a business.

Over 10, 20, 30 years, this one bucket quietly turns “extra” income into real wealth.

3. Own Hard Assets

Wealthy people love hard assets because they do two things: appreciate in value and generate income.

  • Real estate: Rentals, house hacks, or commercial deals.

  • Land: Scarcity makes it an underrated long-term play.

  • Other assets: Precious metals, art, or collectibles (for those with specialized knowledge).

These aren’t “get rich quick,” but they create long-term security and stability.

Your “Owner” Starter Kit

Feeling overwhelmed? Let’s break it down into actionable steps:

  1. Audit your dollars
    Where’s your money going? How much is sitting idle?

  2. Automate your ownership

    • Set up automatic contributions to an index fund.

    • Redirect a small % of every paycheck to an “opportunity fund” for future investments.

  3. Build skills that compound
    The best owners are constantly learning — negotiation, sales, finance, operations. Those skills will 10x your returns.

  4. Start small, stay consistent
    Ownership compounds. That first $500 in an index fund or that $5K into a small partnership? That’s your foundation.

The Time Advantage Nobody Talks About

Here’s the magic:
Ownership rewards time in the game — not timing the game.

  • Your first $10K in the market might feel slow.

  • Your first property might only throw off a couple hundred bucks a month.

  • Your first side hustle might only make “beer money.”

But keep reinvesting those returns, and you’ll hit an inflection point where compounding does the heavy lifting.

This is why the rich always look like they’re “lucky” — they’ve simply been playing the game longer.

Avoid These Traps

Thinking like an owner doesn’t mean you can’t screw it up. Watch out for:

  • Shiny object syndrome: Chasing the latest “hot” investment instead of proven plays.

  • Over-leverage: Using too much debt and getting crushed in a downturn.

  • Neglecting cash flow: Assets that don’t generate income can make you “asset-rich, cash-poor.”

Remember: slow, steady, and strategic beats fast and flashy.

The Bottom Line

If you want to build wealth that lasts — wealth that funds freedom, choices, and security — you have to stop thinking like an earner and start thinking like an owner.

Every dollar you earn is a seed. You can eat it today or plant it for tomorrow. The people you admire? They’re the ones who planted early, watered consistently, and let time do the compounding.

And here’s the kicker: you don’t need millions to start.
You just need to start.

Fun Stuff

😂 Funny Joke

Why don’t graveyards ever get overcrowded?
Because people are dying to get in. ☠️

❓ Riddle Me This

I have cities but no houses, forests but no trees, and rivers but no water.
What am I?

🏢 Guess the Company Trivia

This company started in a garage in 1939, invented the first programmable calculator, and later split into two companies in 2015.
Who is it?

🧩 Brain Teaser Logic Puzzle

Three friends check into a hotel room costing $30. They each pay $10. Later, the clerk realizes the room was only $25 and sends the bellboy back with $5. The bellboy keeps $2 and gives them back $3 ($1 each). Now, each friend has paid $9 (total $27) plus the $2 kept by the bellboy = $29.
Where is the missing dollar?

*Answers at the bottom

Thought of The Day

Life’s greatest opportunities often arrive disguised as problems. If you pause, look deeper, and embrace discomfort, you’ll uncover the path to growth and innovation.

Answers

Riddle - Answer: (A map)

Guess the Company - Answer: (Hewlett-Packard — HP)

Brain Teaser - Answer:
There’s no missing dollar! The math is framed incorrectly. The $27 includes the $2 the bellboy kept and the $25 for the room.

That’s All For Today

I hope you enjoyed today’s issue of The Wealth Wagon. If you have any questions regarding today’s issue or future issues feel free to reply to this email and we will get back to you as soon as possible. Come back tomorrow for another market update, and snapshot. I hope to see you. 🤙

— Ryan Rincon, CEO and Founder at The Wealth Wagon Inc.

Disclaimer: This newsletter is for informational and educational purposes only and reflects the opinions of its editors and contributors. The content provided, including but not limited to real estate tips, stock market insights, business marketing strategies, and startup advice, is shared for general guidance and does not constitute financial, investment, real estate, legal, or business advice. We do not guarantee the accuracy, completeness, or reliability of any information provided. Past performance is not indicative of future results. All investment, real estate, and business decisions involve inherent risks, and readers are encouraged to perform their own due diligence and consult with qualified professionals before taking any action. This newsletter does not establish a fiduciary, advisory, or professional relationship between the publishers and readers.

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