If you're living from paycheck to paycheck, putting money aside for savings might seem like a pipe dream. This podcast, originally recorded in 2011 when I had co-hosts, covers tried and true tips for generating extra cash. We need to look no further than the ant as we figure out how to pad a saving's stash before an emergency strikes.
Also, if you want to know what Osama bin Laden can teach us about the need to save, I apparently went there.
Happy New Year.
Yes, we're a month into 2018. Are you still going strong focusing on your financial goals for the year? If not, check out the new format and get quick tips for staying focused on your goals all year long.
Let's make 2018 the year of remarkable success.
Elle Martinez is running an excellent flash sale. Get free access to her course with the purchase of her recent book, Jumpstart Your Marriage and Your Money.
I speak with my good buddy, Aja McClanahan (Principles of Increase) about how she frugals out on Christmas. Magnify Money found that the average person intends to add $1000 in credit card debt this year.
Not necessary. I'm talking about how to avoid the debt and stress so you can celebrate Christmas without taking any new debt into 2018.
Also, join me on December 9, 2017, for the Captial One Cafe Savings Scavenger Hunt to win $500. Another way you can have a debt-free Christmas.
Scott and Bethany Palmer have a combined 50 years of experience working with couples and money. They on a mission to reduce the divorce rate by helping couples work through the fights and stress caused by money.
We talk about money personalities. Knowing yours and learning how to relate to someone with a different money personality just might save your marriage.
Don't fall into this category: 70% of couples divorce due to money fights.
Working efficiently with your spouse where money is concerned in a learned skill. The Money Couple has tips to get back on the same page.
Maarten Van Lier makes his home in Milwaukee, but he traveled from the Netherlands to find the American Dream. In 2000, Maarten’s co-worker made a side comment that started the ball rolling on Maarten’s 13-year journey to millionaire status. This mild-mannered, salaried employee & his wife drew a line in the sand. They wanted to be millionaires in 10 years and he joins us today to describe exactly how they did it.
If $200/month extra would make a difference in your debt dumping progress, let me help you find it. Sign up for a free consultation.
Disclaimer: Maarten Van Lier is not a financial advisor or expert. All information provided is based on his specific situation and offered for information and motivational purposes only. You should seek advice from a licensed investment professional for custom feedback on your specific situation.
I sat down with Jamila Suffront of Journey to Launch and Aja McClanahan or Principles of Increase initially at FinCon, but I needed to re-connect with these women on a mission to learn more about their intentional plans to reach financial independence. We discuss:
Links to all resources are available at DebtFreeDivas.org
Tanya Van Court lost millions in the stock market when the Dot Com Bubble in 2001. This engineer with two degrees tells how she was too embarrassed to admit she needed financial help.
When her 9 year old asked for help to get a investment account, Tanya decided to help other children develop similar goals.
She turned a devastating financial experience into an app that helps parents raise money smart children. GoalSetter.co teaches children to save for priorities and redirects parents (and loved ones)out of the guilt trap of over-giving. Teaching youngsters the healthy habits - early - of goal setting and working towards that goal are lessons that will take them far. This new app provides a platform to help you raise money smart children.
Whitney Hansen shares an amazing story of knocking out a financial goal. She paid off $30,000 10 months after graduating from college - without parental help.
Anita Dhake has taken her plan for financial independence from concept to reality. It started – of course – with paying off debt. That has to be the number 1 priority - financially speaking. As you enjoy Anita’s story, think about what your plan is. Do you have it clearly defined? Not like ours was in the past - “someday I want to be a millionaire”. But have you figured out what it will take to reach your goals. If you are dumping debt right now. Keep pushing. If not, there's no time like the present.
A simple tweak that could save you thousands.
You are 33% more likely to meet your goal if you:
1. Write it down.
2. Review it weekly.
3. Share it with a friend.
You make the list. I'll bring the friends. We're transforming money through an accountability project and you're invited.
I'm also bearing my soul about why the podcast has been slacking lately. I guess I need some accountability too! Let's work on this together.
My friend released an interesting article highlighting people who used blogging as an accountability technique to help themselves dump a massive amount of debt.
I reached back into the Midday Money Show archives to pull out conversations from some of them who've joined me as guests in the past.
Accountability just may be your secret ingredient.
Inspired by a segment on the PBS New Hour about a growing trend among people nearing retirement. We're not saving. We're not preparing for a time when our income may drop significantly. Even if you want to work and can, you may find it hard to find suitable employment. While a discussion about what those who are in that stage of life can and should do, this podcast is all about avoiding financial fragility.
We have a chance to dig in and learn from an expert who's interviewed over 200 couples and honed in on what it takes to create a successful marriage - beginning with the finances. When the money is right, you can focus on being happy.
Have you heard of turnkey real estate investment firms? These firms find properties, get tenants, and turn the keys and profit over to you.
I'm a real estate investor and would love to add more properties, but finding reliable property management is going to be a key factor in my ability to grow. So I was happy to chat with Clayton Morris of Morris Invest and learn some helpful tricks of the trade. Whether you work with a turnkey operation and build your portfolio on your own, this is a great interview with useful ideas for investors at every level.
Faith and finances should be a natural connection. However, too many people of faith are struggling financially and not able to build wealth and leave a inheritance to their children's children - as the bible suggests.
Debt is a major factor of concern for most African-Americans regardless of income level. We have too much, but this doesn't have to be a permanent scenario.
dFree Global Foundation is tackling the gap in financial education in the Black community head one. The executive director, Tamika Stembridge, discusses the impact and what we can do to prosper individually and as a community.
A conversation with relationship and financial experts to delve into tips for couples to create a smart approach to managing money. Finances is a leading cause of stress and blamed for most divorces. When you're money is right, that's one less thing for couples to fight about.
Take heed and insulate your marriage or relationship from common pitfalls that ensure couples.
Today’s guest also highlighted his brand of accountability that helped him kick butt and dump debt. Phil Risher graduated with $30K in student loans. But he got focused and didn’t let those student loans become a permanent fixture. This story is for students, parents of students, or just those who think I’ll never get out of debt – it can’t be done. I’m here to say, after repaying 107K in debt – debt freedom is possible. You just might need a little accountability.
Why does the Jewish community outpace the rest of our country in terms of wealth attainment? Are there secrets that they operate by which the rest of us don't know about? If money has a spiritual nature as Rabbi Daniel Lapin asserts, you may be missing out without the right tools.
This is an interesting conversation with a financial guru who's spent a lifetime teaching others how to prosper financially.
72% of Americans experience financial stress at least once during the month. I spoke with a range of experts to figure out what we can do to minimize the money related stress. Stress can inhibit progress toward financial goals. Give yourself a mental break and refocus without money-related stress.
Rebecca Neale is the Personal Finance Lawyer. She practices in MA, but is spending her afternoon helping up grasp the basic elements of a good estate plan. You might wonder if this is something you can DIY? Rebecca addresses the pros and cons.
End of life conversations are never rosy, but necessary to have a plan in place so that you loved ones don't have to stress over implementing your wishes in the case where you can't speak for yourself.
I took the #BankingReimagined tour from Capital One in March and was introduced to a whole new way to bank in this digital, disconnected environment we live.
Capital One's tour made me think about how I bank. Have you given your bank choice much thought. Here are 5 areas you should review when deciding if your bank is the best choice or when choosing a new one.
Capital One is leading a new trend that make have you rethinking how you bank. It's pretty cool.
The McFaddens exuded all the trappings of a successful life. However, they were struggling with credit card debt behind closed doors. A challenge issued by their pastor became a light bulb moment.
Now they are free to focus on their dreams.
Sounds like a noble gesture. Right? Well, Alan Corey turned that goal into a reality. The suburban Atlanta native was not known for any special skills. He did not invent the latest Internet craze. However, this author, part-time entrepreneur, and reality TV show regular was a bona fide millionaire by his 29th birthday. He joins the Debt Free Divas to discuss his unconventional journey to millionaire status and the hilarious book, A Million Bucks by 30. This isn't your granddad's personal finance book.