
Why Getting Rich Won’t Make You Happy (And What Will) | Peter Grandich
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Welcome to Building Generational Wealth—a podcast series for the everyday person. Whether you’re just starting your financial journey or rewriting your money story, this space is for you. Women and men. Millennials and Boomers. Gen X and Gen Z. Every race, background, and identity. Because financial literacy should be inclusive, accessible, and empowering for all.
We’re facing one of the most financially unstable times in modern history. Debt is soaring, inflation is biting, and wages aren’t keeping pace. Millennials hold just 4.6% of U.S. wealth. Gen Z is stepping into adulthood burdened by debt and locked out of homeownership. Meanwhile, $84 trillion is set to change hands in the largest wealth transfer ever. The question is: Will you be ready to receive, grow, and protect it—or be left behind? This is your moment to rise.
Through honest conversations with leading financial minds, we’ll show you how to build wealth patiently, intentionally, and wisely. It’s not about chasing trends—it’s about creating lasting security. Because if you don’t take care of your money, your money won’t take care of you.
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Our first guest, Peter Grandich, embodies the spirit of this series. His unlikely journey began with no formal education and managing a warehouse, but a small investment sparked a passion for the markets. After losing everything to the notorious penny stock brokers of the 1980s, Peter didn’t give up. He started an investment club that caught the eye of a brokerage owner. Despite doubts from loved ones, Peter became a stockbroker in an era when the business was little more than a desk, pad, and pen. His story is proof that grit, perseverance, and a hunger to learn can turn setbacks into lasting success. Peter also opens up about the often-overlooked struggles behind the financial world’s glamour, revealing the toll it took on his mental health: “In 2022… I actually lost a will to live. And it’s hard to imagine why, but that’s what it came to.” He reminds us that wealth isn’t just about money but about values and mindset: “Money is not the root of all evil — the love of money is.” From founding one of the first national investor relations firms to becoming known as the “Wall Street Whiz Kid,” Peter ultimately left Wall Street at his peak to pursue a life grounded in faith, humility, and purpose. His story shows that true wealth is about more than dollars—it’s about legacy, resilience, and meaning.
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Host: Ben Mumme
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Guest: Peter Grandich
Website
YouTube