From the Jobsite to Financial Freedom: Rick Biel on Building Wealth in the Skilled Trades

In this episode, Martin King sits down with financial advisor Rick Biel to tackle one of the biggest challenges in the skilled trades: earning a great income but still struggling to build lasting wealth.

Rick shares his journey from growing up with little money to becoming a trusted financial advisor for construction companies and trade professionals. Together, we dive into:

• Why so many in the trades earn six figures but still feel broke.

• The critical role of financial education—and why most of us never got it.

• The power of budgeting, emergency funds, and the “bucket approach” to financial security.

• How skilled trade workers can leverage Roth IRAs, retirement plans, and smart investing to create real long-term wealth.

• Practical steps to avoid debt traps, prepare for retirement, and handle variable income in the trades.

If you’re in the trades—or run a skilled trade business—and want to take control of your money, this conversation will give you both clarity and actionable steps.

👉 Learn more about Rick Biel’s services and connect with him directly through his website (contact info shared at the end of the video).