He was a writer, a publisher, a statesman, an inventor, and a renowned ladies man. Ben Franklin was a civic activist, an abolitionist and founded the Philadelphia Abolition Society, the first abolition organization in America. He was the first person to petition Congress to abolish slavery two months before his death in 1790, decades before the country fought a Civil War over the issue. He was timeless because Benjamin Franklin quotes are still relevant today. And he knew a thing or two about mo...
Jan 14, 2019•46 min•Ep 23•Transcript available on Metacast Today we’re talking about The FIRE Movement and the skills and mindset used to become Financially Independent which are diametrically opposed to a life of Early Retirement. In fact, Early Retirement will kill you. Figuratively and literally. F.I., R.E., and F.I.R.E. aren’t destinations, they’re milestones. The movement, that stands for "financial independence, retire early", generally involves frugality and saving as much money as possible in order to get out of the rat race and spend your days ...
Jan 07, 2019•54 min•Transcript available on Metacast Maybe you shop too much or are afraid of investing. As it turns out, it’s mostly your personality that guides how you deal with your finances. We call it your Money Personality and we want to break down what the four personality types are and how you can lean into them to improve your finances. Your money beliefs shape your decisions. So by understanding or recognizing your money personality you can find your weak spots and fix them as well as improve on your strengths. Knowing what drives your ...
Dec 10, 2018•50 min•Transcript available on Metacast Today we have guest David Burkus on the show. He is a best-selling author, a sought-after speaker, and business school professor. His newest book, Friend of a Friend, offers readers a new perspective on how to grow their networks and build key connections—one based on the science of human behavior, not rote networking advice. We talk to him about salary transparency and using a network to grow your career and make more money. Show Notes: Friend of a Friend David's Website Philoso-Rapper Beer Lea...
Dec 03, 2018•53 min•Transcript available on Metacast We all know how important it is to be saving for retirement, the earlier the better. But when it comes to choosing the best retirement accounts the waters can be a bit murky. Today we're talking about all the different types of and help you decided which retirement accounts are best for you. Show Notes: Beer Geek Breakfast Mikkeller and Friends Harvest Special Ale Southern Tier Listen Money Matters Community to send in catchphrases The Financial Toolbox Learn more about your ad choices. Visit me...
Nov 26, 2018•45 min•Ep 18•Transcript available on Metacast This weeks we are covering five listener questions are on vesting, budgeting styles, starting an opportunity fund, IRA's and starting a blog. Question One: Balance between the spender and the saver What I struggle with the most it getting my spouse to follow the budget. I have tried mint, and YNAB and a cash envelope system. How do I get her to follow a budget. Or maybe how do I 'trick' her into it? I'm not going to leave my spouse because of some money issues that don't cause us negative effect...
Nov 19, 2018•43 min•Transcript available on Metacast Unfortunately, there are quite a bit of predatory financial schemes out there including pyramid schemes, sold debt, predatory lending, eve your financial advisor. In this episode, we’re going to try and shine a lite on them so in the very least you can approach them “eyes wide open”. Show Notes: Heaven Hell or Hoboken from 902 Brewing Co - IPA Beer Avery Promiscuous - Barrel aged Sour Beer The Financial Gym- Put your assets to work Learn more about your ad choices. Visit megaphone.fm/adchoices
Nov 12, 2018•1 hr 1 min•Transcript available on Metacast The Personal Finance Blueprint 2.0 will show you how to build a strong financial foundation and show you when and where to start with investing. Show Notes Freddie Murkury IPA Mikkeller Brewing San Diego Leftover - Matts new home brew Betterment Smart Saver Simple Bank- No ATM fees here Learn more about your ad choices. Visit megaphone.fm/adchoices
Nov 05, 2018•1 hr•Ep 15•Transcript available on Metacast There is a lot of chatter in the personal finance world about passive income, why you need it and how great it is. But what is it and why is it such a topic of conversation? Passive income is money that you earn without doing much to make it. Some passive income ideas take a degree of upfront work to earn, like writing an e-book and some don't take any effort at all, such as investing with a robo advisor. Today we talk about what exactly passive income is and understanding the non-passive nature...
Oct 29, 2018•53 min•Ep 14•Transcript available on Metacast Can money buy happiness? Science is here once again to save the day and show us exactly how to spend our money (or our time) to increase our level of happiness. We'll investigate the science of buying happiness. If you aren't buying happiness, you're using your money the wrong way. Full Article Here Show Notes Beer Geek Breakfast: An Oatmeal Stout. Rumpkin: A pumpkin beer aged in rum barrels. Join the Listen Money Matters Community on Facebook by visiting listenmoneymatters.com/community to send...
Oct 22, 2018•54 min•Ep 13•Transcript available on Metacast We get all kinds of great questions, and it can be hard to choose just five, but everyone is interested in making money, we have a ton of questions about real estate investing, and timing the market is something we covered years ago so wanted to revisit it for our newer listeners. We love listener questions, and we have good ones. Here are 5 questions about making money, REI, and timing the market. Full Article Here Show Notes Southern Tier Pumpking: The first pumpkin beer of the season! Souther...
Oct 15, 2018•51 min•Transcript available on Metacast There are dozens and dozens of figures and formulas around anything related to investing but some of us (me) are math deficient and even if we are math savants. Sitting around calculating things before making any investment decisions is the total opposite our LMM’s Set It And Forget It philosophy. So if you have these few back pocket rules in mind, the mathematics of investing will be less mysterious. We know math is hard, but the mathematics of money are really straightforward and can help you ...
Oct 08, 2018•52 min•Transcript available on Metacast If you’re interested in personal finance, you know who Suze Orman is. She has written nine best-selling books, is a financial advisor, a speaker, and a television and podcast host. Suze’s book Women & Money addresses some of the financial issues that are unique to women. Full Article Here Show Notes Schlafly India Pale Lager: A clean, malty lager. Brunch: Matt’s homebrew Be Good or Be Gone:Suze sold out the legendary Appollo theater. The event was filmed. You can catch Suze Orman: Women & Money ...
Oct 01, 2018•35 min•Transcript available on Metacast Millions of us have student loan debt, and it hampers our progress towards financial independence. Let's get rid of it! We'll teach you how to handle your student loans like a pro. Because student loan debt is such a serious issue and because there are so many different ways to deal with it, we wanted to bring in an expert. Travis Hornsby from Student Loan Planner to explain how to handle your student loans. Full Article Here Show Notes Schlafly Kolsch:A classic, golden ale. Vincent Van Couch: A...
Sep 24, 2018•1 hr•Ep 9•Transcript available on Metacast Do you know your net worth, does it matter? Yes, knowing your net worth is important, and that number is important because what gets measured gets managed. If you don't know this number, you don't have an overall picture of how financially healthy you are. There are tons of numbers to track when it comes to your finances, and net worth is one of them. But what exactly is net worth and is it a number worth tracking? Full Article Here Show Notes Schlafly Ibex Celler:A Barrel-aged Imperial Stout. A...
Sep 17, 2018•57 min•Transcript available on Metacast In fact, 2018 has been a record year for stock buybacks. By the end of the year, companies are predicted to have spent $1 trillion on buybacks. So why are so many buybacks happening now? The GOP tax cuts. The economy is doing well, and a lot of companies have a surplus of cash and don’t want to sit on it because it puts them at risk of being bought and it pisses off shareholders who want that money returned to them in either dividends or an increase in stock value. So what the f**k are stock buy...
Sep 10, 2018•1 hr 5 min•Transcript available on Metacast Traveling is one of life's great pleasures, and it can be done for less money than you think. Especially if you have the right travel rewards cards and know how to use them. You can certainly go down a rabbit hole of ways to earn and maximize points. But realistically most of us don't have the time or patience for that. These are travel hacking tips that anyone can do. Anyone who pays off their credit cards in full every month. Full Article Here Show Notes Schlafly Local Oak:An ale aged in Misso...
Sep 03, 2018•1 hr•Transcript available on Metacast Investing advice is often crafted for high earners. What about the rest of us? We have investing tips when you don’t have money to invest. The most important component of investing is not having a lot of money to invest; it’s the amount of time whatever money you can scrounge up is invested. So start checking your coat pockets and couch cushions. Full Article Here Show Notes Chimay Pierre Trappist Grand Reserve Ale: A dark ale. Raspberry Lemonade Milkshake:An IPA from WeldWorks Learn more about ...
Aug 27, 2018•1 hr•Transcript available on Metacast Work-life balance gets a lot of ink but how do you achieve it? We'll show you an honest approach to work-life balance with Kevin Lawrence. Work-life balance has become one of those annoying buzzwords, but it does have merit. We'll strip away the touchy-feely aspects of the concept and teach you how to achieve it. Full Episode Here Show Notes Leinenkugel’s Summer Shandy: A traditional weiss beer with refreshing natural lemonade flavor that makes it the perfect summer beer. WeldWerks Spectral Clas...
Aug 20, 2018•1 hr 3 min•Ep 4•Transcript available on Metacast The media loves to talk about the economy in a broad sense but what does it mean for us individually? We'll explain how the current economy is affecting your wallet. There are four major economic topics that are generating most of the ink in the past several months. What's happening in the current economy and should we worry? Full Episode Here Show Notes Neither host is drinking beer this week! I think that is a first. The Financial Toolbox: All the best stuff we use to manage our money. Learn m...
Aug 13, 2018•51 min•Ep 3•Transcript available on Metacast Buying a home is still the American dream for many people but with home prices going up and up, how can you save up for a house without sleeping in your car? With the median home price in the U.S. at $188,900, it seems impossible. How the hell does someone save up for a house? Buying a home is such a part of the American dream. It seems like once you reach certain milestones that are considered part and parcel of being an adult, every which way you turn, someone or something is telling you to bu...
Aug 06, 2018•55 min•Ep 2•Transcript available on Metacast We have awesome listeners, and they send in great questions so from time to time we like to answer then on air. If you want to know about 401ks, cash, rentals, and leveraged buyouts, we’re covering it with five awesome questions from you. Full Article Here Show Notes In the Steep: A double dry hopped IPA. Toolbox:All the best stuff to manage your money. Learn more about your ad choices. Visit megaphone.fm/adchoices
Jul 30, 2018•57 min•Ep 1•Transcript available on Metacast If you’ve listened to LMM from the beginning, you’re going to hear a familiar voice today. If you’ve never heard our early episodes, the voice is going to become familiar. Matt was the original co-host of LMM and was there for about the first 250 episodes of the show. He and Andrew disagreed about the direction of the show, and after a frustrating recording session, things blew up, and Matt left. But like Liz Taylor and Richard Burton, Andrew and Matt just can’t stay apart. Full Article Here Sho...
Jul 23, 2018•1 hr 1 min•Transcript available on Metacast What if we were to value other things in our lives in the same way or even more than we value money? Imagine if it weren’t about money? What if we viewed money for its actual intent, survival?Money is essential, but it shouldn’t consume your thoughts or your life. We should live with money, not for money. This is a podcast about money, but we also believe that money shouldn’t be the most important thing in your life. We have to live with money, but there is more to life than accumulating as much...
Jul 16, 2018•52 min•Transcript available on Metacast We’re Listen Money Matters, but we’ve never discussed money. Get ready to holla. Dolla dolla bills y’all: The history and evolution of cash. Societies haven’t always used cash to transact business. The evolution of cash is pretty fascinating. Money is around 3,000 years old. Before that, societies bartered. I make candles. You make shoes. I need shoes, and you need candles. I give you some candles, and you give me some shoes. This isn’t a great system though. How many candles are the shoes worth...
Jul 09, 2018•50 min•Transcript available on Metacast We all make mistakes, but financial mistakes can be especially costly. These are the biggest financial mistakes people make and how to fix them. There are some mistakes you can’t fix, but financial mistakes usually don’t fall into that category. It’s not always easy, but most financial mistakes can be rectified. Joy Liu from The Financial Gym is here to tell us about the biggest financial mistakes she helps her clients fix. Full Article Here Show Notes Tool Box: All the best stuff we use to mana...
Jul 02, 2018•1 hr 2 min•Transcript available on Metacast You’ve probably heard the term but might not know what it means. What is an IPO? IPO stands for initial public offering and sometimes called “going public”. It’s the first time a company sells stock to the public. Before an IPO, a company is private with a few shareholders, typically the founders and sometimes professional investors. There have been so big IPOs in the last decade. Some killed it, and some landed with a thud. We’ll explain what an IPO is and whether or not you should invest in on...
Jun 25, 2018•52 min•Transcript available on Metacast No one can predict the future but based on past events; a market correction is coming. You need to start preparing for a market correction with an opportunity fund. We are in the second longest boom cycle in the history of the US. In exactly 12 months we will be tied for the longest with that boom cycle ending in the dot-com bubble in 2000. The low, slow burn of this recovery prevented things from overheating, and we avoided the fast boom-bust cycles that the economy has experienced in the past....
Jun 18, 2018•54 min•Ep 25•Transcript available on Metacast Over the past several years, ride-sharing services like Lyft and Uber have made a remarkable splash in cities across the country. These ride-sharing services give users a platform to request a ride from freelance drivers who can get them from point A to point B safely and conveniently. If you’re looking for a low-cost way to make some extra cash, ride-sharing platforms like Uber and Lyft are a great choice. Want a behind the scenes look at what it's really like to be a driver? We'll talk to Harr...
Jun 11, 2018•59 min•Transcript available on Metacast There are only so many hours in a day so you need to build a business that can grow while you’re sleeping, on vacation, or working on your next business. You have to do things that scale when starting a business that will take off. While we are discussing scaling a business, there are plenty of other areas of life that you can scale including investing and video games. To scale a business means to create a system, product, or service that can generate more money through some resource that isn’t ...
Jun 04, 2018•1 hr 1 min•Ep 23•Transcript available on Metacast