Uploaded August 2026 | Updated September 2026, 2 weeks ago
The viral "moneymaxxing" trend is everywhere, but does it actually help people build wealth?
In this episode of the In Your Corner podcast from CBS News Philadelphia, consumer reporter Josh Sidorowicz chats with financial expert Mical Jeanlys-White, founder of Wealthmore and host of All The Wealth, to break down what money maxing gets right and what's missing.
They discuss intentional spending, high-yield savings accounts, investing, compound interest, inflation, sports betting and how younger generations can build lasting wealth.
Learn why saving money is only the first step, how compound interest can work for you and why investing remains the most overlooked part of personal finance.
🔗 Wealthmore.net
🔔 Subscribe for more consumer advice, money tips, and scam alerts from CBS News Philadelphia.
💬 Got a question or topic idea? Fill out our consumer complaint form at cbsphiladelphia.com/inyourcorner.
00:00 What is moneymaxxing?
02:30 The money-maxing mistake most people make
03:14 When saving isn't enough
05:28 How real wealth gets built
06:21 The power of compound interest
08:37 A smarter way to think about spending
13:43 Why inflation is driving this trend
16:02 Should adults move back home to save money?
19:30 Investing vs. gambling
21:42 Moneymaxxing or just common sense?
23:23 The one habit Mical says to start today
Subscribe on YouTube: youtube.com/CBSPHILLY
Follow us on X: @CBSPhiladelphia
Like us on Facebook: facebook.com/cbsphiladelphia
Follow us on TikTok: @CBSPhiladelphia
Follow us on Instagram: @CBSPhiladelphia
The viral "moneymaxxing" trend is everywhere, but does it actually help people build wealth?
In this episode of the In Your Corner podcast from CBS News Philadelphia, consumer reporter Josh Sidorowicz chats with financial expert Mical Jeanlys-White, founder of Wealthmore and host of All The Wealth, to break down what money maxing gets right and what's missing.
They discuss intentional spending, high-yield savings accounts, investing, compound interest, inflation, sports betting and how younger generations can build lasting wealth.
Learn why saving money is only the first step, how compound interest can work for you and why investing remains the most overlooked part of personal finance.
🔗 Wealthmore.net
🔔 Subscribe for more consumer advice, money tips, and scam alerts from CBS News Philadelphia.
💬 Got a question or topic idea? Fill out our consumer complaint form at cbsphiladelphia.com/inyourcorner.
00:00 What is moneymaxxing?
02:30 The money-maxing mistake most people make
03:14 When saving isn't enough
05:28 How real wealth gets built
06:21 The power of compound interest
08:37 A smarter way to think about spending
13:43 Why inflation is driving this trend
16:02 Should adults move back home to save money?
19:30 Investing vs. gambling
21:42 Moneymaxxing or just common sense?
23:23 The one habit Mical says to start today
Subscribe on YouTube: youtube.com/CBSPHILLY
Follow us on X: @CBSPhiladelphia
Like us on Facebook: facebook.com/cbsphiladelphia
Follow us on TikTok: @CBSPhiladelphia
Follow us on Instagram: @CBSPhiladelphia
