In this episode of the 615 Podcast, host Nick Woodard sits down with Nashville-based financial advisor David Adams, a trusted planner to songwriters, entertainers, high-net-worth entrepreneurs, and everyday families. They dive into the world of songwriter catalog sales, how private equity is reshaping Nashville’s music money, and the emotional side of selling your life’s work.
Nick and David also tackle real-life money issues: how to balance a spender and a saver in a marriage, why taxes wreck so many self-employed professionals, what kills more financial plans than bad investments, and how to help your kids understand the value of a dollar in a tap-to-pay world.
David shares stories from his own family, talks about his books “The Currency of Time” and the kids’ book “Jolene and the Three Buckets,” and explains why he sees himself 80 percent therapist and 20 percent wealth planner.
Whether you are a songwriter thinking about selling your catalog, a realtor or entrepreneur with variable income, or a parent trying to set your kids up for success, this conversation is packed with practical wisdom and real talk about money, success, and legacy.
2:02 What a songwriter catalog is and how sales work
5:19 Why big money/private equity is buying Nashville catalogs
6:24 Emotional side of selling your life’s work
10:52 Building wealth vs not sabotaging it
13:24 Mediating money conflicts between spouses
18:00 College costs and planning through uncertainty
24:49 The three-bucket system for managing money
27:01 Taxes as a trap for agents, athletes, and self‑employed
31:22 Nick’s truck dilemma: cash vs payments
32:40 Paying off debt vs investing and the feeling of freedom
44:35 David’s books and philosophy on “retire while you work”
52:26 Why David loves Middle Tennessee
55:38 Closing and Nick’s sign‑off
#Nashville #Songwriters #MusicBusiness #FinancialAdvisor #WealthManagement
#MoneyMindset #RealEstate #NashvilleRealEstate #SongwriterCatalog #CatalogSale #PrivateEquity #FinancialPlanning #RetireWhileYouWork #PersonalFinance #EntrepreneurLife #MiddleTennessee
What is The 615 Podcast?
A Podcast about Nashville's entrepreneurs and leaders of business.
Fifteen year veteran Realtor, Nick Woodard was raised right here in Williamson County, Tennessee. Graduate of Brentwood High School and Middle Tennessee State University, his roots were firmly planted here many years ago. Growing up in the Nashville area has provided him a vast knowledge and love for “The 615.” Understanding that he was extremely fortunate to be raised in such an incredible area, he has made it his passion to help others call Middle Tennessee “home.” Nick is married to his beautiful wife Kathryn and is the proud father of 3.