What is a Health Savings Account (HSA) and is it a good money move for you? With open enrollment right around the corner, I am going to break down everything Health Savings Account today. Here's what you will hear on the show today: How does an Health Savings Account Work? Who is eligible and who is not? How much can I contribute to an HSA? What are the tax benefits? Employed versus Self-Employed? Best places to open HSA? And most importantly - How do I determine if an HSA is a good plan for me?...
Oct 08, 2021•27 min•Ep. 173
Do you have IRS problems or maybe worried that your tax situation may not be as good as you thought? Or, are you a victim of identity theft and the IRS is telling you owe money you really don't owe? First off — you're not alone. Whether you owe the IRS or you are trying to prove you don't owe the IRS, what are your options ? What can you do right now? What should you be doing right now? And what are your rights when it comes to managing a situation with the IRS? I will be asking our IRS expert B...
Sep 17, 2021•32 min•Ep. 172
When it comes time to drive off a new car, you have three basic options: You can pay cash You can get an auto loan You can drive off with a lease But with the average price of a new car at almost $41,000, most drivers today are driving off the lot with either an auto loan or a lease. ❓ But which is better - an car lease or an auto loan? What are the costs that go with each? And how do you know if you're making the best financial decision when it comes to driving your next car? Is there something...
Aug 20, 2021•45 min•Ep. 171
On the show today I am breaking down the Cash-Out Refinance strategy. Many people are noticing a high uptick in the value of their homes, and with this uptick in value comes an increase in home equity. So what can you do with the equity in your home, how does it work, and what are the risks? In this episode I am going to break down: How to calculate your home's equity How much of the equity you can actually tap into The process of of a cash-out refinance Reasons for going with a cash-out refi Th...
Jul 30, 2021•24 min•Ep. 170
On the show today is America's #1 Money Mentor, Chris Naugle. I'll be honest — I brought Chris to have a conversation on a topic we don't agree on...infinite banking. If you haven't heard of infinite banking before, you're perfectly normal. It's not a very popular term in the financial world and most financial gurus like Dave Ramsey and Suze Orman are completely against it. But, what I've learned over the years in this world of personal finance is not every guru is always right. Therefore, I dec...
Jul 16, 2021•48 min•Ep. 169
There are so many strategies to building wealth and we try to explore all of them on this show. Today I am interviewing an expert in multifamily real estate investing - Gino Barbaro. Gino, and his partner Jake, are both experts in multifamily real estate investing and have achieved. They are NOT from the financial world...meaning they didn't get a PhD in finance and then build their wealth. Nope, Gino was a pizza restaurant owner and Jake was a pharmaceutical rep...which just shows us that every...
Jul 02, 2021•44 min•Ep. 168
Have you ever tried using cash envelopes but realized it wasn't a lot of fun? You know...carrying around envelopes full of cash at the grocery store or pulling out that sexy envelope container at dinner with friends? Well, what if there was a way to use cash envelopes 100% electronically AND still having the same results of curbing the overspending? Today on the show, I am bringing on founder of Qube Money, Ryan Clark, to explain how Qube allows you to use digital envelopes to help you manage yo...
Jun 04, 2021•28 min•Ep. 167
On the show today, I am going to explain what a brokerage account is and how to open one. There are three different ways to start investing in the stock market: Through a Financial Planner or Financial Advisor A Self-Directed Brokerage Account A Robo-Advisor Since it's pretty self-explanatory on how to get set up with a financial advisor, the purpose of this episode is to show you how to open up a self-directed brokerage account and/or how to get started with a robo-advisor. By the end of this e...
May 21, 2021•21 min•Ep. 167
Did you know you can generate passive income and/or diversify your retirement portfolio through Hard Money Lending ? A hard money loan is an interest-only short-term loan primarily used in real estate with the loan being secured by property. In a nutshell, you become the "bank" and you lend money to borrowers and receive monthly interest payments just like a bank would receive monthly monthly payments from a mortgage borrower. The only difference is you (the bank) can charge much higher interest...
May 07, 2021•26 min•Ep. 165
On the show today, I am going to break down 5 different mortgage loans you should know about: Conventional Loan Jumbo Loan FHA Loan VA Loan USDA Loan By the end of the show, you will have an understanding for each of these different mortgages work and which one is best for you. Enjoy the show! Mentioned in this episode Episode 132: How to Improve Your Credit Score FHA Loan Limits by County and State Free Personal Budget Download ** Thanks so much for listening to the show and if you feel the con...
Apr 23, 2021•34 min•Ep. 164
Diania Merriam is on the show today to share her story of reaching financial independence in her 30s. After living in New York City in her 20s and racking up $30k in debt, Diania decided enough was enough and it was time to change her mindset about money. What would it be like to reach financial independence? After making the choice to turn away from her old financial habits, Diania shares how she reached financial independence in her 30s. She shares how she: Changed her belief about money and c...
Apr 02, 2021•34 min•Ep. 163
A home equity line of credit , or a HELOC, is a revolving line of credit that is guaranteed by the equity in your home. The line of credit is actually a second mortgage on your home giving you access to a revolving credit line you can borrow from as needed. Very similar to a credit card, a HELOC offers a line of credit at a much lower interest rate because your home is used as the collateral for the loan. The amount you can borrow is based on the equity in your home, which is equal to the value ...
Mar 26, 2021•30 min•Ep. 162
The 50/30/20 Budget may be the easiest budget you will find. It's simple, straight-forward and it only takes a few minutes to set up. If you are someone who is overwhelmed with the idea of creating a budget or you just don't like all the math involved with a monthly budget, the the 50/30/20 Budget is for you. Mentioned in this episode 👉 Your Free Budget Download 50/30/20 Budget Method Sinking Funds The Motley Fool Stock Advisor ** Thanks so much for listening to the show and if you feel the con...
Mar 12, 2021•17 min•Ep. 161
What is the absolute most important piece of everyone's financial plan? In today's show I am going break something EVERYONE must have in place, why it's so important and I'll even be giving you a sweet BONUS at the end of the show that you will NOT want to miss. Okay, so what is it Peach...what is the most important part of any financial plan? Whether you're 21-year-old single student, a married couple in your 30s, or soon-to-be empty nesters....what is THE most important piece of any solid fina...
Feb 26, 2021•35 min•Ep. 160
Should I buy a new car or not? Well, I'll be completely honest with you - I LOVE the look of new cars BUT I haven't owned a new car in 15 years. Why? Well, I'm going to break down the new car purchase so you understand ALL that goes with it and I'm also going to show you a little trick so you NEVER have to take out a car payment again! ** Mentioned in this episode The Motley Fool Download Your Free Budget Templates Here ** Thanks so much for listening to the show and if you feel the content of t...
Feb 19, 2021•28 min•Ep. 159
On the show today I am answering the question: How do I possibly save money when I'm living paycheck to paycheck, I have debt, and no matter how hard I try...I just can't save any freaking money!? I definitely have a thing or two to say about it AND at the end of the episode you will have plan a free tool to help you create your own solution to what seems to be a never-ending problem. ** Mentioned in this episode Download Free Budget Templates Here ** Thanks so much for listening to the show and...
Feb 12, 2021•18 min•Ep. 158
Do you have a small business, large business, or side hustle and you're just looking for a simple way to manage the finances in your biz without being completely overwhelmed and over it? I get it - A few years ago I was feeling the same way until I stumbled across a method called Profit First...and it completely changed my business (and my life). In today's episode I am going to share with you a method called Profit First which will simplify the way you manage money inside your business, side hu...
Feb 05, 2021•26 min•Ep. 157
On the show today we are going to go over creating your own investment strategy based on a few key principles. I am also going share with you my own investment strategy, my own journey of both ups and downs with investing, and something I have been doing lately that will blow your mind (well it's blowing my mind). And lastly, make sure to stick around until the very end of the show where I am going to give away something VERY nice. You will love it - I promise! Mentioned in this episode The Motl...
Jan 22, 2021•33 min•Ep. 156
After a record year in the stock market in 2020, are you finally ready to invest into the market but don't know what retirement accounts are best for you? Hey friends, here's what you're going to get from the show today! We are going to a brief recap of two retirement accounts we mentioned last week: the Traditional IRA and the ROTH IRA. Then we are going to dive into two other retirement accounts that allow you to save A LOT more than the ROTH or Traditional IRA. The Solo 401(k) and the SEP IRA...
Jan 15, 2021•33 min•Ep. 155
Are you looking to start off 2021 investing but don't know where to get started? On today's show I am going to show you how to get started investing whether you're a seasoned investor or you're just starting out. Also, I am going to go full transparency with you and share with you some of my latest stocks I have purchased over the past year. But before we start, here’s what you will get during the show. First we will break down the difference between a stock, bond, mutual fund and ETF. Then we w...
Jan 08, 2021•34 min•Ep. 154
On the show today I have Bernadette Logue - an expert when it comes to mindset and money. I’ll admit — I am great when it comes to showing you how to create a budget, save more money and get out of debt. However, where I often miss is when it comes to your mindset and money. What I have learned over the years of coaching people with their finances is that a change won’t happen until you are willing to make the change. Once you make the decision to commit to improving your life and money, I can t...
Nov 13, 2020•46 min•Ep. 153
I had Brian Winch on the show way back in 2017 to share how he makes a full-time income picking up litter in parking lots. Yes, you read that right - picking up litter in parking lots. I decided to reach back out to have Brian back on the show to follow up and ask him how the business is doing and how others are doing after having him on the podcast a 3 years ago. "Peach, this is literally a $30k -$50k per year side hustle and others I have helped get started are doing extremely well with their ...
Nov 06, 2020•27 min•Ep. 152
With only 11 days until the election, many of us are wondering what we should be doing when it comes to our investments? Should we pull out our money now? Should we wait until after the election to see what happens? What if we don't know who the president is on November 3rd? What about other uncertainties that could have an effect on my investment portfolio? Inside the episode I am going to break down... Investing With Uncertainty? Sure, there will be volatility when there is uncertainty in the ...
Oct 23, 2020•23 min•Ep. 151
What is a Health Savings Account (HSA) and is it a good money move for you? With open enrollment right around the corner, I am going to break down everything Health Savings Account today. Here's what you will hear on the show today: How does an Health Savings Account Work? Who is eligible and who is not? How much can I contribute to an HSA? What are the tax benefits? Employed versus Self-Employed? Best places to open HSA? And most importantly - How do I determine if an HSA is a good plan for me?...
Oct 16, 2020•27 min•Ep. 150
Jordan Goodman is a rockstar. You may have heard of him as America’s Money Answers Man and seen him as a regular CNN, Fox Business and radio segments across the country. Jordan is referred to as the answers man because of his expertise on all things money, but I wanted him to come on the show for one reason and one reason only: The Equity Optimization Strategy Jordan walks us through step-by-step how to pay down your 30-year mortgage in as little as 5-7 years using a HELOC. Now, I am sure you’re...
Oct 09, 2020•43 min•Ep. 149
Rob and Melissa are the Flea Market Flippers and they’re on the show to share how they turned their side hustle into full-time income. Here's what to expect from today's show: Rob shares how he started flipping as as a side hustle in 1996 How they made $62k in profit last year Best flipping story involving a prosthetic leg Rob and Melissa also share some of their secrets when getting started with a flipping side hustle, including Starting small Sell things inside your house first Where to list y...
Oct 02, 2020•31 min•Ep. 148
I'll be honest — I almost didn't record this episode. After talking about it with Andrea (my wife) and praying about it, we decided we were going to share more of our story. This wasn't easy. Not many people are willing to talk about the REAL life money. Here goes... this past month we officially passed $1 million net worth. And there is way more to the story that Andrea and I are sharing on the show today. No, we do not make $1 million. (Not even close) No, it did not happen quickly. No, it was...
Sep 25, 2020•41 min•Ep. 147
When Mom and Dad are ready to move out of their home and into a senior living community, what is the best way to go about it? 👉 And is there an opportunity for investors? Phillip, the co-founder of Mom's House explains the process of selling mom or dad's house... First you have to clean out the house Then start getting contractor bids to get the house "sell ready" Painting, repairs, etc. Real estate agents Photos Showings, Offers, More Offers, and the list goes on and on... ❓ What if there were...
Sep 18, 2020•25 min•Ep. 146
Have you heard of the #ChoosFI Movement? The Retire Early and Choose Financial Independence movement is taking over the personal finance world and for good reason. It's an amazing community of people looking to earn more, spend less, and build wealth so they can reach financial independence. Today I am bringing their co-founder Jonathan Mendonsa on the show to talk all about it. Most interviews I do last between 25 and 30 minutes, but Jonathan was so good during this interview that we just kept ...
Sep 11, 2020•48 min•Ep. 145
Have you ever wondered what it would be like to start a franchise? Whether you are looking to change careers, increase cash flow, or invest as a wealth building strategy — franchises may be the perfect fit. I'll be honest — I didn't know anything about franchising so I found America's #1 Franchise Expert - Kim Daly. Kim Daly is a franchise coach and expert with over 18 years helping people find the perfect franchise and showing them how to get started from almost 2 decades of experience. She's s...
Sep 04, 2020•36 min•Ep. 144
