Are credit cards really all bad? The fact of the matter is that with a little planning, you can get the most out of your credit cards. View your credit cards as a tool, and you might be surprised at what you can accomplish. David Rubenstein from Credit Shout joins us to talk about strategies to make the most out of your credit cards. Our panelists also get in on the action by sharing their own tips and tricks for getting more from credit cards. https://moneymastermindshow.com/most-out-of-your-cr...
Oct 10, 2016•33 min•Ep. 88
Is it really possible to create your dream lifestyle? With planning and determination, our guest Jason Vitug, the founder of Phroogal, traded in his corporate job for a dream lifestyle. Now he travels the country teaching others how to do the same. Some of our own panelists are also creating their preferred lifestyles. Find out how to figure out what you want your dream lifestyle to look like, and how you can take charge of your finances to make it happen. https://moneymastermindshow.com/dream-l...
Oct 03, 2016•28 min•Ep. 87
What does it mean to be wealthy? The truth is that we all have different ideas about what wealth is, and what it means to be rich. Join the hosts of the Money Mastermind Show as they discuss what wealth means to them, and as they consider what it takes to be truly wealthy. You might be surprised to discover that wealth is a state of mind, and not so much a number you’re supposed to reach. https://moneymastermindshow.com/being-wealthy/ Important issues discussed in this episode: What is true weal...
Sep 26, 2016•27 min•Ep. 86
Are you hoping to increase your income? The good news is that you can always make more money. With the help of side hustles, you can increase your income and work toward your most important money and life goals. David Carlson, the author of Hustle Away Debt joins us to talk about the side hustles you can start today to boost the amount of money in your life. You’ll learn how to turn wasted time into profits, and what it really takes to be successful if you want to make money outside your 9-to-5....
Sep 19, 2016•37 min•Ep. 85
Are you drowning in debt? Do you wish you could get rid of it as soon as possible? Our guest Deacon Hayes from the Well Kept Wallet paid off $50,000 of debt in 18 months. Do you have what it takes for rapid debt reduction? Even if you aren’t interested in being that extreme with your debt repayment, this episode can still help you figure out the best way to pay down your debt, change your spending habits, and take back your financial life. https://moneymastermindshow.com/rapid-debt-reduction/ Im...
Sep 12, 2016•32 min•Ep. 84
Are you looking to save money over time? You might be surprised at how much you can save with the right meal planning. You don't have to spend a lot of time putting together a meal plan, either. You may not even have to clip coupons. Erin Chase from $5 Dinners joins us to share her strategies for saving money and eating healthy with the help of meal planning. https://moneymastermindshow.com/save-money-meal-planning/ Important issues discussed in this episode: Do you have to clip coupons to save ...
Jun 17, 2016•28 min•Ep. 83
A lot has been said about millennials and how they handle money. In this episode, the crew talks about what millennials need to know about money today. Drawing from some of our own mistakes with money, we talk about ways that the following generation can avoid falling into the same traps. https://moneymastermindshow.com/millennials-money/ Important issues discussed in this episode: What are some of the money millennial trends? Are there some general mistakes that millennials are making with thei...
Jun 10, 2016•27 min•Ep. 82
Are you concerned about getting started as an investor? You know that you need to invest if you want to build wealth over time. But do you have the tools you need to start investing? Stuart Ritter, VP of T. Rowe Price Investment Services, talks to us about how simple it can be to start investing, and what you can do to begin building wealth today. https://moneymastermindshow.com/start-investing/ Important issues discussed in this episode: What does it mean to be an entrepreneur? What makes someo...
Jun 03, 2016•22 min•Ep. 81
Do you dream of being your own boss? In theory, it sounds like a great idea. Creating multiple businesses, growing your wealth and living the dream, might even be more attractive. But is everyone meant to be a business owner? Even if you have a business, do you have what it takes to be a serial entrepreneur? You might be surprised to discover how much work and sacrifice it takes to start a business, and then start another, and another. Jim Wang, a serial entrepreneur and millionaire, joins us to...
May 27, 2016•35 min•Ep. 80
Are you looking for new insights and ideas about money? Pick up a book! We discuss our favorite personal finance books and some of the ways they influenced the way we manage money. Add new books to your reading library and learn something new about money and money mindset. https://moneymastermindshow.com/personal-finance-books/ Important issues discussed in this episode: How to find personal finance books that help you reach your goals. Suggestions for reading to learn more about money. Choosing...
May 20, 2016•33 min•Ep. 79
This isn't your mom's extreme couponing. Join us as we talk to Kyle Taylor from The Penny Hoarder about deal stacking and how it can be used to save money on almost everything you buy. This isn't about clipping coupons. It's about using credit rewards and stacking them with online rebates and making other moves to avoid paying full price on everything from travel to household appliances to clothing. https://moneymastermindshow.com/deal-stacking-save-money/ Important issues discussed in this epis...
May 13, 2016•30 min•Ep. 78
There are many different personal finance software options available today. Many of them have features that you might find helpful in managing your finances, but not all of them are the same. Depending on your style, some personal finance software programs might work better than others. In this episode, the Money Mastermind Crew discuss their favorite software for tracking their personal finances, goal setting and staying on top of our finances from day to day. https://moneymastermindshow.com/mm...
Apr 29, 2016•30 min•Ep. 77
When it comes to building wealth, there are two main things to focus on: investing and creating a business. Long-term, you won’t be able to build the wealth you dream of if you are working for someone else or you aren’t investing. If you want to be more effective at wealth-building, start now to invest for the long haul, and consider creating a business that can provide you with income now and later. Joining us to talk about building wealth by using more than just a day job income is Linda P. Jo...
Apr 22, 2016•27 min•Ep. 76
Did you give up on your New Year resolutions ages ago? That doesn't mean that it's the end of the road for you. You can set realistic and achievable goals any time of the year. Don't get bogged down by excessive expectations, and don't assume that you can't start over again. Forget about the idea of only setting goals at the beginning of the year. We talk about how you can always be achieving your next money milestone and creating goals to help you get closer to the life you want. https://moneym...
Apr 15, 2016•28 min•Ep. 75
At some point, you are likely to face the choice of moving for your career. Finding a new place to live, along with a new job, can be good for your finances and your life. Before you take the leap, make sure it’s the right move for you. Jessica Moorhouse joins us to talk about her experience moving across Canada for a career opportunity. Whether you have a company willing to pay your costs, or whether you just hope to find greener pastures, here’s what you need to know about moving for your care...
Apr 08, 2016•26 min•Ep. 74
The idea that you can reach financial independence is one that inspires many. What would it be like to be in a position where you don't have to worry quite as much about money? Sean Cooper joins us to talk about what he's doing to reach financial independence -- including how he paid off his mortgage in just three years. https://moneymastermindshow.com/reach-financial-independence/ Important issues discussed in this episode: What does it mean to reach financial independence? What are some of the...
Apr 01, 2016•22 min•Ep. 73
Many of us are looking for another source of income. You might try to look for a side gig to start a new full-time business. One way that many people use to make money is multilevel marketing (MLM). However, an MLM might not be your best option when it comes to a source of income. In fact, many of the MLM companies out there are more like pyramid schemes than anything else. Consumer advocate and MLM expert Brian MacFarland from Lazy Man And Money joins us to talk about MLM companies and the real...
Mar 25, 2016•56 min•Ep. 72
Kids can be expensive. The USDA estimate that it costs more than $200,000 to raise one child from birth to college. Can you really raise your kids without going broke? Brynne from FemmeFrugality joins us to talk about raising kids on a budget. She also includes her perspective on raising a child with special needs. You don't have to spend a fortune to raise your kids. We talked about how you can still provide great memories without breaking the bank. https://moneymastermindshow.com/raise-your-ki...
Mar 18, 2016•38 min•Ep. 71
Are you stuck about what to do with your money? Are you unsure of where to go next? A financial planner might be able to help. There's a reason that even financial professionals look to others for an outside opinion. A good financial planner can help you see new things about your finances, and make a plan for the future. Katie Brewer from Your Richest Life joins us to talk about the importance of a fresh set of eyes when it comes to your finance future. https://moneymastermindshow.com/episode70-...
Feb 26, 2016•48 min•Ep. 70
Navigating money issues in a relationship can be tricky. How can you accommodate different spending priorities with your partners? How do you discuss your finances, and how can you compromise with your choices? Join us as Talaat and Tai McNeeley of His And Her Money join us to provide tips for how to talk about finances with your partner. https://moneymastermindshow.com/episode69-how-to-talk-about-finances-when-your-partner-has-different-priorities/ Important issues discussed in this episode: Wh...
Feb 19, 2016•47 min•Ep. 69
If you're an entrepreneur, the ultimate goal might be to quit your job and do what you love full time. But when do you know it's time to bail? Steve Chou from My Wife Quit Her Job, Profitable Online Store, and Bumble Bee Linens, has built more than one successful business, and he joins us to talk about how you can figure out when it's time to quit your job and devote more time to your business ventures. http://moneymastermindshow.com/episode68-entrepreneurs-time-quit-your-job/ Important issues d...
Feb 04, 2016•48 min•Ep. 68
Health care costs have been on the rise for decades. However, in recent years, the rate at which health insurance premiums have been rising is slowing. No matter what happens, though, the for-profit nature of our system means that health care costs are always going to go up. Investors expect to be paid, and that means prices will always be going up. But that doesn't mean you can't make moves to keep your expenses under control. Jennifer Fitzgerald, the CEO of PolicyGenius.com, joins us to talk a...
Jan 28, 2016•48 min•Ep. 67
We all wish we made more money. However, you have better chance of making that money if you ask for it. Before you ask for a raise, though, it's important to do your research. Jason Hull from myFinancial Answers joins us to talk about how to negotiate a better salary. If you are trying to decide how much to ask for, and how to approach the situation, this episode is for you. https://moneymastermindshow.com/episode66-how-to-negotiate-a-better-salary/ Important issues discussed in this episode: Is...
Jan 19, 2016•53 min•Ep. 66
LIVE from the TradeKing Podcast Stage at #FinCon15, we talk to a host of great past and future guests about what makes someone a financial expert. We also talk about how much you can trust financial experts and discuss some really bad financial advice. https://moneymastermindshow.com/episode65-what-gives-someone-credibility-as-an-expert/ Here’s who joined us on our special live episode: Khaleef and Sherrian Crumbley | http://knsfinancial.com | http://fatguyskinnywallet.com Harlan Landes | http:/...
Jan 17, 2016•39 min•Ep. 65
With the stock market somewhat volatile, many people are looking for ways to make more money outside "traditional" means. Alternative investments like real estate, tax liens, private mortgages and others might be the way to go. You might even be able to enjoy a tax advantage with a self-directed IRA. But are these investments right for you? Kirk Chisholm of Innovative Advisory Group joins us to talk about some of the alternative investments his clients choose, and what you need to know before yo...
Jan 13, 2016•1 hr 1 min•Ep. 64
Could you actually see a better quality of life if you choose to move to an area with a lower cost of living? Aja McClanahan from Principles of Increase joins us to talk about how she enjoys a higher quality of life by living in an area that costs much less than the surrounding area. Other members of the show also talk about their decisions to make the move to places that cost less in order to see a better quality of life. When you live in an area with low costs, there is a good chance that you ...
Jan 06, 2016•50 min•Ep. 63
Can the way you live your life affect your finances? Yes it can! Josh Elledge from Savings Angel joins us to talk about how your lifestyle habits and choices can impact your finances. Don't let your lifestyle drain your money resources. https://moneymastermindshow.com/episode62-how-life-habits-affect-finances/ Important issues discussed in this episode: What life habits are most likely to impact your finances? How can you change your mindset to avoid seeing too many negative impacts on your fina...
Dec 23, 2015•55 min•Ep. 62
We've seen quite a few moments of volatility in stock market during recent months -- including dramatic drops of more than 200 or 300 points. But do you really need to freak out and sell when the stock market goes down? The reality is that too many people realize losses when they panic and sell while the market is down. Instead of making a terrible decision and locking in your losses, you should step back and examine your options when the stock market goes down. If you have the right approach, y...
Dec 09, 2015•53 min•Ep. 61
Do you feel down about your money situation? You might surprised to know how effective positive thinking for your finances can be. We chat with the Debt Free Guys about how they turned their financial life around, starting with the stories they told themselves. They also diagnose Miranda’s difficulties with positivity following some major life changes. No, positive thinking alone won’t fix your finances. But it can be a good start. Find out how to combine positive thinking for your finances with...
Dec 02, 2015•53 min•Ep. 60
Are you constantly trying to update your outdated technology, clothing, and other items? Do you find it takes a lot of money to keep up with these costs? Michelle Jackson of Shop My Closet joins us to talk about how to save money by giving your old things new shine. Don’t get caught in the trap of discarding old things — and replacing them with new — before all the usefulness is gone. If something looks dull, you can make it shine again with a few simple strategies. We talk about how you to save...
Nov 25, 2015•52 min•Ep. 59
