Scott Alan Turner | A personal finance show that includes FI, cats, Star Trek, grilling tips, and everything else you won’t find on Dave Ramsey, Clark Howard, or Suze Orman

The Scott Alan Turner Show - Live Like A Financial Rock Star

Money, Investing, Personal Finance, FI/RE community (Financially Independent, Retired Early)
The Scott Alan Turner Show - Live Like A Financial Rock Star

Description

Scott Alan Turner is a former money moron, living the paycheck-to-paycheck lifestyle, losing $40k in the stock market, and racking up a load of credit card debt. But by age 35, he turned it all around and became a self-made millionaire. In a world of get-rich-quick schemes, biased advice, and financial Pied Pipers, Scott’s authentic, no-holds-bared approach makes it possible for anyone to absolutely rock their personal finances. Scott is on a mad mission to help you get financial independence, ultimate happiness and a life full of awesome experiences. With his rebel style, off-beat humor, and signature life-on-your-own-terms approach, Scott’s inspiring a movement of Financial Rock Stars across the globe. Join Scott at www.scottalanturner.com

Episodes

Saving That Bread

Nov 13, 2019 40:15

Description:

- Why a football player is saving 90% of his income.
- The next big bubble is underwater car loans
- First time advice for new entrepreneurs bootstrapping a business (Megan)
- I'm underwater on a house with 12 years until retirement (Alexandria, Alabama)
- Our side hustle is renting tables and chairs (Jessi)
- How to save money by moving.
Mentioned on the show:

https://www.megaplanet.com/
https://www.kringlecandle.com/collections/black-line

Can I Make Money Doing...

Nov 13, 2019 40:13

Description:

How an artist turned a passion for glass into big money, and what employees and other business owners can learn from that success.
- I'm worried I'm not saving enough because of my $135,000 in student loans (Samuel)
- What can I do to help my boyfriend pay the bills while being a SAHM (Ashley)
- My part-time business made me $12,000 this year (Kiaran)
- What type of investing isn't complicated (Ajah)
- My family keeps eating my food (Taylor Bryan, Texas)

Mentioned on the show:

https://www.megaplanet.com/
https://www.kringlecandle.com/collections/black-line

The Battle of Middle Money

Nov 6, 2019 40:14

Description:

Companies are now providing full disclosures, but customers will still probably not pay attention to their money.
- Can you rent out a home and still use it a couple weeks a year (Lara)
- I lost $25,000 investing and am trying to get back to even (Mitul)
- Should I trade my car in with 150,000 miles before it breaks (Brock, Illinois)
- Negotiate to save money on medical expenses.
- Sophisticated scammer rips of 1,000 people in Ponzi scheme
- Things no on ever says at the end of their life
- Why your employer cares about your credit score


Mentioned on the show:

 

What, Christmas Again?

Nov 6, 2019 40:13

Description:

How to stay out of debt at Christmas time when shopping for presents.
- I need to come up with $1,000 fast or lose my property (Larry)
- I'm struggling to not live paycheck to paycheck (Felicia, Bahamas)
- We owe $2,000 on a totaled out car (Maura, TN)
- What to do with $3,000 from selling a motorcycle (Yvonne, Wisconsin)
- We're at $1.7M in net worth! A from D.C.
- The herd mentality of online reviews.
- Where to get discount engagement pictures

Mentioned on the show:

 

Living Life On Your Terms

Oct 31, 2019 40:12

Description:

What are your superpowers, your Kryptonite, and your blind spots that can prevent you from living life on your own terms?
- Does anyone use an ID theft company (Christine)
- I'm improving my credit score to buy a house (Emily)
- Should I convert my IRA to a Roth IRA (Malerie, Florida)
- When should you refinance a car (Zachery)
- Yes, you can negotiate real estate commissions
- Wear to buy eyeglasses to save money
- Discount textbooks for college
- Cash out a 401(k) to start a business? One person made it work.

Mentioned on the show:

 

How To Save If You're Not A Natural Saver

Oct 30, 2019 40:13

Description:

Tips to save when you saving goes against your natural being. How to play offense and defense with your money.
- What should I do with a $10,000 inheritance (Lindsay, Shreveport, LA)
- i still feel like i live paycheck to paycheck (Joey)
- What are money topics that would not freak a boyfriend out (Abrielle, Maine)
- Stay at home mom with $12,000 in debt, how can I pay it off (Denicia, AZ)
- More conflicting advice from Kibble Burger.
- You did invest $1,000 in Chipotle 10 years ago.
- What kitchen appliances could you do without.
- Are 5 year goals necessary?
- Why you probably don't need the new Apple card.

Mentioned on the show:

 

Secrets of Highly Successful Investors

Oct 29, 2019 40:12

Description:

When should you sell investments if the market is going down?
- How much will your credit score rise and fall from different situations?
- Ask this question to decide on a purchase (Lara, Florida)
- Should I do a Roth 401(k) or Roth IRA (Drew, Ohio)
- Does consolidating to a new low interest credit card make sense (Gianna, Fayettville, North Carolina)
- What is an annuity contract in my retirement plan (Adam)
- Are there any good extended warranties for car if we will be buying one (Shelby, Pocatello, Idaho)
- Getting rich by selling acorns.

Mentioned on the show:

https://www.wsj.com/articles/play-the-credit-score-game-11571832001

Cat Wins Lottery

Oct 22, 2019 40:12

Description:

People make their own luck. Some more than others. I make a prodigious amount - Raymond Redington
- My job is sucking my soul away (Saru)
- What do people who retire early do for health care (Karl in Phoenix)
- How do we decide if we should sell our house (John, Oregon)
- Is the new Leesa bed worth it?
- Prisoners beat Harvard in a debate.

Mentioned on the show:

https://www.medishare.org
https://www.libertyhealthshare.org/

Millionaires Share The Best Money Advice They Have

Oct 17, 2019 40:12

Description:

Millionaires answer, "What’s your No. 1 piece of personal finance advice to young people?"
- Should we care about the resale value when shopping for a home (Caleb, Santa Fe, NM)
- Do we need umbrella insurance if we have debt (Carly, Ambridge,PA)
- The pantry challenge explained (Marcus, Maryland)
- Don't shop hungry! A reminder before getting groceries.
- Scammers fool millennials out of millions of dollars: Here's how
- Walmart skips the front porch and delivers right to your refrigerator starting today

Mentioned on the show:

 

Saving $300,000 by 26

Oct 16, 2019 40:13

Description:

Jessica Byrne’s tips on how she reached her goal of saving $300,000 — all at the age of 26.
- I'm 63 and have $18,000 in student loan debt (Carol)
- My brother-in-law wants to short a stock. What does that mean (Brian, New York City)
- What should I look out for when dealing with a funeral home (Destyn, Vancouver, WA)
The Truth About Certified Cars
- What one woman is teaching her grand daughter about life

Mentioned on the show:

Funeral Consumers Alliance - https://funerals.org/

Is your 401(k) account safe from hacking?

Oct 15, 2019 40:12

Description:

- Things to do to keep hackers out of your 401(k) and stealing your life's work.
- I owe $50,000 in taxes (Amanda)
- Is paying a commission every month for an IRA normal (Miguel)
- I'm desperate to learn a different way of doing things (Mindy)
- Stop vomiting money! Pam is committed to getting out of debt.
- How does dollar cost averaging protect from a recession (Raymond)
- Warning about affinity investing
- Check your cable bills for junk fees

Mentioned on the show:

 

Misleading Money

Oct 8, 2019 40:13

Description:

Company settles for $150M but admits they did nothing wrong. What to watch out for when signing up to resell these types of services.
- Using realtors to help getting PMI removed (Tristan, Salt Lake City, UT)
- Is a loan modification a good idea to save on interest (Sarah)
- I'm concerned there is an ETF bubble (Cam, Melbourne, Australia)
- How do we decide if we should take a lump sum on a pension payout (Christi from Corpus)
- Listener celebrates a paid off car!
- FTC restricts 'misleading' Utah-based real estate seminars with HGTV stars
- The latest in mattress wars for a good night's sleep

Mentioned on the show:

AdvoCare Income Disclosure Statement 2017 - https://advocarecorporate2.s3.amazonaws.com/downloads/legal/pdf/IDS_2017_English.pdf

Recipe For Success. Recipe for Disaster.

Oct 3, 2019 40:13

Description:

Why are people always trying to keep up with the Joneses (CNBC)
- Should I sell my home to save up more money for retirement (Brooklyn, New York)
- Scott apologizes to the gold nugget goons for implying the are stooopid.
- Should you close old credit accounts?
- What examples are there of living below your means (Seems)
- Best way to save money on a refrigerator (Jaime)
- Do we need title insurance for a new home (Jennifer, Houston Texas)
- How do I budget if I get paid sales commissions quarterly (Khalil, Warwick RI)
- New York is suing insurance companies because they are hosing teachers retirement plans.
- Tips for keeping warm this winter

Mentioned on the show:

https://403bwise.org/

How Much Savings To Get To $1,000,000?

Oct 2, 2019 40:12

Description:

How do you need to save, earn, and at what age to get $1M for retirement?
- Should I sacrifice family and health for a high paying job (Dr. Who)
- What is your take on options trading (Mike)
- Good spending leading to wealth is debatable (Elena)
- Chris is debt free and has a cash-back tip
- Warning about cash value in an insurance policy
- Consumers are getting further underwater on car loans
- What to prepare for when going on strike.

Mentioned on the show:

https://www.wsj.com/articles/the-seven-year-auto-loan-americas-middle-class-cant-afford-their-cars-11569941215?mod=hp_featst_pos1

https://www.amazon.com/Boundaries-Updated-Expanded-When-Control/dp/0310351804/ref=sr_1_1?keywords=boundaries+book&qid=1570026291&s=gateway&sr=8-1

Can You Afford It?

Oct 1, 2019 40:13

Description:

- Beware of not having enough money to pay for something.
- How to check if you should get an extended warranty.
- Is there a way to get help at the IRS for a missing refund (Laurie)
- We're behind on everything and need help (Matthew)
- How can we get rid of PMI on our mortgage (Hana, Akron OH)
- Do I have to pay taxes on a gift to a 529 Plan (Joe, CA)
- Lily pays off all her credit cards!
- My 2nd husband is funding his son's bad spending habits (Brandy, OKC)
- Rachel Ray donates $30M to charity
- The best-cat for a wedding

Mentioned on the show:

https://purple.com/mattresses/purple-bed
https://nfcc.org

Financial Freedom Idol

Sep 25, 2019 40:13

Description:

Are you willing to put in the work for financial freedom? Scott shares a 60-second motivational speech from Carrie Underwood.
- Daycare costs too much and my husband doesn't want me to get a low paying job (Courtney)
- Is 1/2 my income too much to rent an apartment after a divorce (Alexandra)
- Is there an easier way to budget (Morgan)
- Jobs and careers are often not what people think of
- Are UIT's good for tax avoidance (Ric, Texas)
- How long does it take to improve your credit score?
- Vanguard offers a new discount robo advisor
- TrueCar spamming service

Mentioned on the show:

 

Unboxing...

Sep 24, 2019 40:13

Description:

What are ways to keep from buying stuff you will regret later, or forget you bought to begin with?
- Are people going too car with credit card rewards?
- Where should I get extra disability coverage (Malerie, San Rafael, CA)
- Advice for moving a 457 plan (Missy, Southwestern, VA)
- How to get the contact info for a CEO (Dan)
- How much should we put into REITs if we are in our 20's (General Kenobi)
- What's your take on the Worthy bond investment offering (Chris, Colorado)
- Best college majors for 2019

Mentioned on the show:

 

The Nest Egg Game

Sep 19, 2019 40:13

Description:

Your life in ten financial milestones. See if you land sunny side up or cracked.
- What budgeting software do you recommend people use
- Is investing in my HSA a smart move (Big Brown Bear, Neenah, WI)
- What steps should I take to trade in my car (Raven)
- I'm stuck in online loans, how can I get out of them (Rachel)
- This couple paid off $61,000 in debt. Listen to how they did it.

Mentioned on the show:

https://www.wsj.com/graphics/nest-egg-game/

https://healthsavings.com/think-inside-the-shoebox/#video

Tai Lopez A Scam?

Sep 18, 2019 40:10

Description:

A listener asks about Tai Lopez' $500 product and if it's worth the money. Or is it a scam?
- I wish I had your book when I was younger (Dave)
- Does compound interest work if you have different accounts vs. one account (Katlego, South Africa)
- What important documents should be kept (Tonya)
- What's something most beginner budgeters forget (Grayson, Arizona)
- Introducing the new Walmart rewards credit card
- How to save money on checked baggage
- What would Buffet's first investment be worth today?
- How can I find out about my husband’s 401(k)
- Former NFL hopeful launches new career with barbecue restaurants

Mentioned on the show:

 

Save Money On Internet Service

Sep 17, 2019 40:14

Description:

Scott yells at a customer service rep (oops) and shares how to get rates lowered on utilities and services so you can save big money.
- Moving to California, should I switch banks now (Kevin, Austin, TX)
- What Vanguard funds are used for the All Weather Portfolio (John)
- I'm widowed and was let go at my job as an accountant. How can I get my business ramped up (Joey)
- Is it better to do a Roth IRA or Roth 401(k) (Andrew, Cincinnati, Ohio)
- What do you think of Tai Lopez' products (Andre)
- One celebrity that downsized and is happier about the decision
- Is using TrueCar worth your time?

Mentioned on the show:

 

Watch Out For Money Trolls

Sep 12, 2019 40:14

Description:

Why are some people so judgmental about other people's finances?
- Solved - why don't they teach money in school
- Refinancing and shopping around my student loans saved money (Leo)
- I need good advice regarding options trading (Ron)
- What should I do with a $19,000 inheritance (Stephanie)
- As a 59-year-old what should my investment allocations be (John, Valley Springs, CA)
- Red Alert Warning - rent scammers are finding new ways to rip off people
- Are you taking on too much risk or not enough risk because of what an advisor says?

Mentioned on the show:

https://www.usatoday.com/story/money/2019/09/06/personal-finances-why-judge-other-peoples-money-habits/2220807001/

Better Money Management with Scones

Sep 11, 2019 40:12

Description:

What is the secret of 'adding value' and earning more?
- Geocaching as a free activity
- How often should you be spending money and saving money (Sir Joke, Twitter)
- What should I do with an old 401(k) (General Kenobi)
- Is it better to invest everything in a target date fund (Kim, Boston, MA)
- How can I make multiple streams of income for a media production company (Emmanuel)
- Should I take a lump sum payout for my pension (C3PO)
- One NFL player and how he budgets
- Millennial women, take better control of your financial futures
- What is an authorized user on a credit card

Mentioned on the show:

Watch the Water!

Sep 10, 2019 40:13

Description:

Looking back on history can provide some gratitude we live in modern society. Scott shares a story from Scotland about how people lived 500 years ago.
- How can I become a financial advisor (Steven)
- Can I apply for an HSA on my own (Rory, Michigan)
- Should I divide my savings between bonds and a bank (Dean)
- Inspiring story of one pizza place helping feed the hungry with great pizza
- Travel tip - getting upgrades for cheap
- Travel tip - watch out for multi leg journeys
- Scott rants on the food and beverage industry's sales tactics

Mentioned on the show:

Grow A $1,000,000 401(k)

Aug 22, 2019 40:13

Description:

More evidence that you (YOU) can build a million dollar 401(k) or IRA
- Can I add my 13-year-old to my credit card to help her build a credit history (Dan)
- Where can I go for simple investment management (Courtney, Santa Cruz, CA)
- I'm not using the cash envelope system to buy gas (Heather)
- If you don't have cash, how do people pay for an emergency (Dorothy, Canada)
- What do you think of junk bonds for income generation (Daniel, Live Stream)
- Simple ways to save money on...
- How to invest if you're worried a recession is coming
- More quick and easy meal tips
- Scott son learns a lesson in responsibility and paying for mistakes

Mentioned on the show:

Get The Complete Guide To Saving Money
FREE printed copy of Scott's new book - How to Save $1,000 This Week: http://bit.ly/2w30ZWs

People Like You

Aug 21, 2019 40:11

Description:

How you can enjoy friends and family and still maintain frugal values.
- Buying an RV? Buy used to get a deal.
- What's better for emergency funds, a money market or online bank (Curt)
- Is daily dollar cost averaging too extreme (Anon-o-mouse)
- What can we do to avoid our pension not paying out (Cassandra, Oklahoma City, OK)
- What was the Comcast low cost Internet service (Kristin)
- Just paid off my car! (Sue, Sacramento, CA)
- Yes, you can throw together a meal in just 5 minutes
- How to avoid foreign transaction fees
- 6th grader collects 1,500 pounds of peanut butter for the needy

Mentioned on the show:

Comcast internet essentials - https://apply.internetessentials.com/

Using tax lots to minimize taxes: https://www.investopedia.com/articles/05/taxlots.asp

Get The Complete Guide To Saving Money
FREE printed copy of Scott's new book - How to Save $1,000 This Week: http://bit.ly/2w30ZWs

Steps To Recession Proof Yourself

Aug 20, 2019 40:12

Description:

What steps can you take to prepare for the next recession?
- Are Plae sneakers worth the extra cost?
- Are people using 'business' as an excuse to pay more for food delivery
- An update on Legacy Box and how they are handling Scott's problem order.
- Should I close down my unused credit cards (Brian, Phoenix, AZ)
- How can I help my son from overdrafting his debit card (Mike)
- Pros and cons of lease to own a house (Grady)
- I have the option to take a severance package. What should I consider when deciding (Hannah, Montana)
- One of our listeners has published a new book of poems called Garden of Ravens

Mentioned on the show:

Get The Complete Guide To Saving Money
FREE printed copy of Scott's new book - How to Save $1,000 This Week: http://bit.ly/2w30ZWs

Buying and Owning A Dream Home

Aug 15, 2019 40:13

Description:

With borrowing cheaper than ever, becoming the Joneses has never been easier. Scott explains why wealth is often an illusion.
- How can I make my money work for me as a 20-year-old (Mason)
- What are your thoughts on tuition insurance (Selena, Potomac, IL)
- How can I get my dad to have a will (Vanessa, Lincoln, NE)
- If I don't escrow my property taxes what should I watch out for (Lisa)
- No, nothing is plummeting except people's brains.
- Where to find deals on government seizures.
- From fired to a great business. Why bad things aren't always bad.

Mentioned on the show:

Money Quiz - https://usatoday.secondstreetapp.com/061919-Financial-Literacy-Quiz/questions/2187899?allow-full-viewport=true

Get The Complete Guide To Saving Money
FREE printed copy of Scott's new book - How to Save $1,000 This Week: http://bit.ly/2w30ZWs

 

Tesla Fanboys Can't Do Math - Scott Rants

Aug 14, 2019 40:13

Description:

Yet another person who claims Tesla Model 3 electric car is 'saving' them money. Scott rants on why people can't do math and then wonder why they have no money.
- How should I spend a windfall from an inheritance (Taylor, College Station, TX)
- What can I do about a surprise bill I forgot was coming (Jenae, Georgetown, IL)
- Can you explain my daughter's 529 plan (Megan, Cincinnati, OH)
- What can I do about back taxes I owe (Miranda, Arlington, Virginia)
- How do people divide up their saving for cars and repairs (Henry, Houston, TX)
- Red Alert Warning - college students scammed by another college student
- From debt free to making another $1,300 a month at a new side hustle.

Mentioned on the show:

Get The Complete Guide To Saving Money
FREE printed copy of Scott's new book - How to Save $1,000 This Week: http://bit.ly/2w30ZWs

Have More Money With Less Money

Aug 13, 2019 40:12

Description:

Why making small sacrifices now will lead to huge- HUGE - benefits later on.
- Should I use my emergency fund to pay off the rest of my student loans (Crystal, FL)
- What's the best way to learn about investing if I'm 70 (Ginger)
- My brother will not stop borrowing money from me (Andrew, Plymouth, Massachusetts)
- What are the biggest ways to save on a wedding (Mckenzi, Parts Unknown)
- Should I sell some stock because of what's going on with China (Colby, Dartmouth, MA)
- Why an expert can help with buying a house or land.
- Lynda.com may be available online at your local library for free.
- The artist catching fire at 85

Mentioned on the show:

Get The Complete Guide To Saving Money
FREE printed copy of Scott's new book - How to Save $1,000 This Week: http://bit.ly/2w30ZWs

The Dummies Guide To Being a Maroon

Aug 7, 2019 40:12

Description:

Today we have proof positive even the 'experts' are lousy investors. How to avoid their 'expertise' so you can keep your hard earned money and watch it grow.
- What are the risks of buying a vacation property in another country (Beach Dreamer)
- How can I sell my business?
- When should I stop helping friends and family (Rick, TX)
- Why I moved from a roboadvisor to a brokerage (Gandolf)
- I can't figure out what my next career should be (Alice, United Kingdom)
- Buying a home? This mortgage mistake can cost you.
- New $10 Internet plans for low-income households
- Tom Brady on having one life to live.

Mentioned on the show:

https://www.foxbusiness.com/personal-finance/homebuyers-save-money-mortgages

https://techcrunch.com/2019/08/06/comcasts-10-internet-plan-opens-up-to-all-low-income-and-disabled-americans/

Get The Complete Guide To Saving Money
FREE printed copy of Scott's new book - How to Save $1,000 This Week: http://bit.ly/2w30ZWs

Overcoming Financial Frustration

Aug 6, 2019 40:15

Description:

Sarah is spending all of her money and is wondering why she is feeling so frustrated. Scott has the simple solution.
- What to do with an old 529 plan (Nicole (Tallahassee, FL))
- What's going on with my alternative investments (Sawyer, Cheyenne, WY)
- What are the penalties if I collect social security early (Gilbert)
- What jobs allow me to work out of the country and have an income (Rachel)
- My annuity fees are too high (Linda)
- Are you falling for financial decoys?
- The trick that makes you overspend.
- Where to get a free FICO score (Lara)
- The importance of having a CLUE

Mentioned on the show:

https://www.bbc.com/worklife/article/20190801-the-trick-that-makes-you-overspend

Get The Complete Guide To Saving Money
FREE printed copy of Scott's new book - How to Save $1,000 This Week: http://bit.ly/2w30ZWs

What Kids Are Learning About Money

Aug 1, 2019 40:12

Description:

The 2019 Personal Finance Scholarship Winners are announced, along with their amazing money lessons we can all learn from.
- Is paying more for premium dog food worth it in the long run (Stuart, Washington)
- Should I go back to a 9-5 or become a blogger (Jason)
- I'm over being the lender and not the borrower (Lakisha)
- Using food to figure out an investing strategy (KC, West Virginia)
- Separate accounts aren't really separate accounts in the eyes of the law.

Mentioned on the show:

NFCC.org

Get The Complete Guide To Saving Money
FREE printed copy of Scott's new book - How to Save $1,000 This Week: http://bit.ly/2w30ZWs

Don't Lose Money By Falling For This Sales Trick

Jul 31, 2019 40:13

Description:

How did a company convince a 90-year-old couple to buy a $150,000 timeshare?
- I keep falling into debt and can never get back up (Cody, Saskatchewan)
- If I use Credit Karma for credit monitoring do I need anything else (Andrew)
- My business income is down and cash flow is bad (Timothy)
- PayPal transferred money to a closed bank account and now I can't get it back (Jacinda, TX)
- How can I pick the investments for a 401(k) and IRA (KC, West Virginia)
- A new option for cord cutters to get away from Dish and DirectTV
- How to know if the sky is falling and what to do about it

Mentioned on the show:

https://www.consumerreports.org/tv-service/orby-tv-satellite-tv-service-is-targeting-cord-cutters/

Get The Complete Guide To Saving Money
FREE printed copy of Scott's new book - How to Save $1,000 This Week: http://bit.ly/2w30ZWs

How To Avoid Going BACK Into Debt

Jul 30, 2019 40:13

Description:

Questions everyone should ask before making a big financial decision. Even if you're debt-free.
- What should I do with a $35,000 inheritance so it's not reported on FASFA (Nina, Orlando, FL)
- How can I start investing in real estate with $5,000 save up (Joel)
- Where can I check my credit score after I've consolidated some loans (Jay)
- How to get your credit score (FICO score) for free.
- Facing an eviction this person keeps their hopes up (Taylor, Ohio)
- Listener tip to get rid of your spare change for free (Amy)
- 16-year-old Katie starts a business to pay for a trip to Disney for her and her mom.
- Warning! Capital One accounts have been hacked.
- IRS is warning cryptocurrency sellers to pay their taxes.
- Dangerous changes are coming to 401(k)s.

Mentioned on the show:

Free Discover Card Credit Score - https://csp.discover.com/free-credit-score/index.html

https://www.federalreserveconsumerhelp.gov/

Get The Complete Guide To Saving Money
FREE printed copy of Scott's new book - How to Save $1,000 This Week: http://bit.ly/2w30ZWs

How To Make Money Fast With _____

Jul 25, 2019 40:12

Description:

The answer to the question of how to make money fast with all the different investing options. The secret revealed!
- What do you think of the new Betterment savings plan (Ozzy, Oostburg, WI)
- Is property tax protesting a way to save money
- Are you entitled to money from the Equifax security breach?
- Is there ever a benefit to leasing a car (Fabian)
- Can you explain the cash envelope system (Aria, Boulder, CO)
- What should I do with restricted stock units (Lloyd, Cincinnati, OH)
- 23 year old pays off $20,000 in debt in one year
- Financial advice for a 16 year old (Lindsey)
- Another warning for pension holders

Mentioned on the show:

Get 4 years of free credit monitoring - https://www.equifaxbreachsettlement.com/

https://www.cnbc.com/2019/07/17/how-to-pay-off-20000-in-debt-in-one-year.html

Get The Complete Guide To Saving Money
FREE printed copy of Scott's new book - How to Save $1,000 This Week: http://bit.ly/2w30ZWs

Millionaire Reacts to Kiplinger Personal Finance Magazine

Jul 24, 2019 39:43

Description:

The good and the bad of personal finance magazines and the information they give to readers.
- What do you think of how I'm managing sequence of return risk (Mike, Winnipeg, Canada)
- Best way to wrap coins (Jennifer, Facebook Group)
- Are street signs for temp help legit (KZ)
- What questions should I ask a potential financial advisor (Ric, San Antonio, TX)
- I need some guidance on switching annuities (Linda, Virginia)
- Why 401(k) fees matter
- Are Oreos Part of a Mindful Diet
- One former NFL player is teaching kids how to fish.
- While another former NFL player may be going bankrupt

Mentioned on the show:

Teach a Child To Fish: tactf.org

Get The Complete Guide To Saving Money
FREE printed copy of Scott's new book - How to Save $1,000 This Week: http://bit.ly/2w30ZWs

What Millionaires Talk About

Jul 23, 2019 39:44

Description:

When a bunch of people who started with nothing and are now millionaires come together, what do they talk about?
- How can I earn money for a car if I'm 12 years old (Alia, UK)
- Should I pay down my house if I plan on moving in 5-10 years (Matt)
- How I got my husband on board with the budget (Edwina)
- What budgeting software do you recommend and why (Edith)
- I'm getting evicted in two days, what should I do (Taylor, Ohio)
- Scott's daughter joins the show to discuss loaning money
- Use the Walmart app to help track your spending
- Travel tip to save on cruise excursions
- Red alert warning: Student loan scams

Mentioned on the show:

Get The Complete Guide To Saving Money
FREE printed copy of Scott's new book - How to Save $1,000 This Week: http://bit.ly/2w30ZWs

Don't Fall For These Marketing Tricks

Jul 18, 2019 39:42

Description:

What are the tricks, traps and tactics salespeople and marketers use to get our money? Learn to recognize and fall for them.
- How should you budget for pets (Lindsay)
- How can I figure out my investment returns over time (Ross)
- My father-in-law is butting in our finances (Noah, New Mexico)
- My wife and I are debating 401(k)s vs Roth 401(k)s based on our tax bracket (Mohammad)
- How do you choose between two different financial advisors (Sara, California)
- What's can I do to settle an $18,000 debt that is in collections (Elissa)
- Beware of tire damage warranties at car dealers

Mentioned on the show:

Get The Complete Guide To Saving Money
FREE printed copy of Scott's new book - How to Save $1,000 This Week: http://bit.ly/2w30ZWs

How To Decide On Big Purchases

Jul 17, 2019 39:43

Description:

Making big purchases can be exciting and fun! It can also lead to stress and less wealth. Here's how to make the wise choice.
- When is the best time to get a teenager a credit card (Joe)
- What are some last minute interview tips (Antoinne, Atlanta, GA)
- How can I insure a baseball card collection (Presley)
- How can I stop splurging (Amaya, Kentucky)
- My husband won't cut cable because of sports (Raegan, Jacksonville, FL)
- Can I refinance a car I just bought (Athena, Maine)
- How to save money on A/C bills
- Have you done your mid-year tax review?
- Never take advice from Jim Cramer on picking stocks
- The benefit of owning a home to build wealth is forced savings

Mentioned on the show:

Get The Complete Guide To Saving Money
FREE printed copy of Scott's new book - How to Save $1,000 This Week: http://bit.ly/2w30ZWs

Beware the Death Dealers

Jul 16, 2019 39:44

Description:

"Why would you pay full price for a funeral so someone else can laugh all the way to the bank?" - Lincoln
- Are certified used cars worth the extra money (Rodrigo)
- How does Habitat for Humanity work to get a house (Batman)
- Should I let my brokerage reinvest dividends (Mike, Zimmerman, MN)
- Is there a good way to teach teens how to handle a debit card (Garrett)
- Thanks for the tips on balancing spending and saving (Miguel)
- Deals on SUVs and crossovers are available for car drivers
- Why you need to diversify your skills

Mentioned on the show:

Funeral Consumers Alliance - https://funerals.org/

Greenlight Debit Card - https://www.greenlightcard.com/

Get The Complete Guide To Saving Money
FREE printed copy of Scott's new book - How to Save $1,000 This Week: http://bit.ly/2w30ZWs

Have You Fallen For These Lies?

Jul 11, 2019 39:41

Description:

What question in your life have you been asked that changed your way of thinking?
- I can't afford my apartment and am already working double shifts (Alyssa, TN)
- How can I afford paying for college (Anne)
- Money hack for paying monthly bills (Theo)
- How do I help my 16-year-old-son manage his paycheck (Olive, Canada)
- How can I get a secured credit card after a bankruptcy(Remington)
- What is the right order to invest in for a 401(k) and Roth at age 51 (Katelynn, Canton, OH)
- Questions to ask before cancelling a credit card
- Bartending as a side hustle
- It's New Summer's Resolution Day!

Mentioned on the show:

Get The Complete Guide To Saving Money
FREE printed copy of Scott's new book - How to Save $1,000 This Week: http://bit.ly/2w30ZWs

Are You Sure Your Insurance Will Cover You?

Jul 10, 2019 39:43

Description:

If you only have the minimum amount of car insurance, you don’t have enough.
- How to decide if a car is safe enough to buy (Dante, New Jersey)
- Are there university courses you should take to set yourself for better finances when you graduate (Vashni, Ontario, CA)
- How can I avoid student loan debt if I don't have enough money (Lauren)
- Should I get the 15% employee stock purchase plan discount if the stock has to be held for one year (Daniel)
- Where to get renter/home owner insurance.
- What is the true cost of a bad credit score?

Mentioned on the show:

Lemonade Insurance - https://www.lemonade.com/

Get The Complete Guide To Saving Money
FREE printed copy of Scott's new book - How to Save $1,000 This Week: http://bit.ly/2w30ZWs

Why Aren't People Taking Free Money?

Jul 9, 2019 39:42

Description:

This nudge could get your friends to start investing in their 401(k)
- I’m two months into a car lease, is there a way I can get out of it (Erin)
- Can you invest in both a Roth IRA and Roth 401(k) (McFly)
- Why you shouldn't invest in penny stocks.
- I'm in my 70's and my only source of income is my rental home (Cici)
- How do I get over the fear of investing more (Jackie, Florida)
- How many years can we go before we start investing (Paris, California)
- Scott is proven right again, this time by a Yale professor
- My emergency fund saved me from missing my house payment (Jesse, Philadelphia)

Mentioned on the show:

LeaseTrader - https://www.leasetrader.com/
SwapALease - https://www.swapalease.com/

Get The Complete Guide To Saving Money
FREE printed copy of Scott's new book - How to Save $1,000 This Week: http://bit.ly/2w30ZWs

Audiobook: Part 12. How To Save $1,000 This Week by Scott Alan Turner

Jun 28, 2019 08:19

Description:

This is a special edition of the unabridged audiobook for Scott Alan Turner’s How To Save $1,000 This Week: Easily Save Big Money on Everyday Expenses Without Giving Up Your Daily Coffee

Just think about it - what would you do with an extra $1,000 THIS WEEK?

This book will show you how to save money without sacrificing quality of life. It’s about not wasting money and throwing it away when you don’t have to.

Big and small savings for things you’re already spending money on, that add up to tens-of-thousands of dollars over your lifetime. Miss these tips, and you might as well be lighting your money on fire.

Subscribe to the podcast now, to free yourself from worry, stress, and debt as Scott teaches you how to save more and earn more money so you can have financial freedom, become a millionaire, and live a rich life.

Join Scott’s weekly newsletter for tips on earning more, saving more, and achieving financial freedom here: https://ScottAlanTurner.com

Audiobook: Part 11. How To Save $1,000 This Week by Scott Alan Turner

Jun 28, 2019 08:28

Description:

This is a special edition of the unabridged audiobook for Scott Alan Turner’s How To Save $1,000 This Week: Easily Save Big Money on Everyday Expenses Without Giving Up Your Daily Coffee

Just think about it - what would you do with an extra $1,000 THIS WEEK?

This book will show you how to save money without sacrificing quality of life. It’s about not wasting money and throwing it away when you don’t have to.

Big and small savings for things you’re already spending money on, that add up to tens-of-thousands of dollars over your lifetime. Miss these tips, and you might as well be lighting your money on fire.

Subscribe to the podcast now, to free yourself from worry, stress, and debt as Scott teaches you how to save more and earn more money so you can have financial freedom, become a millionaire, and live a rich life.

Join Scott’s weekly newsletter for tips on earning more, saving more, and achieving financial freedom here: https://ScottAlanTurner.com

Audiobook: Part 10. How To Save $1,000 This Week by Scott Alan Turner

Jun 28, 2019 25:45

Description:

This is a special edition of the unabridged audiobook for Scott Alan Turner’s How To Save $1,000 This Week: Easily Save Big Money on Everyday Expenses Without Giving Up Your Daily Coffee

Just think about it - what would you do with an extra $1,000 THIS WEEK?

This book will show you how to save money without sacrificing quality of life. It’s about not wasting money and throwing it away when you don’t have to.

Big and small savings for things you’re already spending money on, that add up to tens-of-thousands of dollars over your lifetime. Miss these tips, and you might as well be lighting your money on fire.

Subscribe to the podcast now, to free yourself from worry, stress, and debt as Scott teaches you how to save more and earn more money so you can have financial freedom, become a millionaire, and live a rich life.

Join Scott’s weekly newsletter for tips on earning more, saving more, and achieving financial freedom here: https://ScottAlanTurner.com

Audiobook: Part 9. How To Save $1,000 This Week by Scott Alan Turner

Jun 28, 2019 28:27

Description:

This is a special edition of the unabridged audiobook for Scott Alan Turner’s How To Save $1,000 This Week: Easily Save Big Money on Everyday Expenses Without Giving Up Your Daily Coffee

Just think about it - what would you do with an extra $1,000 THIS WEEK?

This book will show you how to save money without sacrificing quality of life. It’s about not wasting money and throwing it away when you don’t have to.

Big and small savings for things you’re already spending money on, that add up to tens-of-thousands of dollars over your lifetime. Miss these tips, and you might as well be lighting your money on fire.

Subscribe to the podcast now, to free yourself from worry, stress, and debt as Scott teaches you how to save more and earn more money so you can have financial freedom, become a millionaire, and live a rich life.

Join Scott’s weekly newsletter for tips on earning more, saving more, and achieving financial freedom here: https://ScottAlanTurner.com

Audiobook: Part 7. How To Save $1,000 This Week by Scott Alan Turner

Jun 28, 2019 09:24

Description:

This is a special edition of the unabridged audiobook for Scott Alan Turner’s How To Save $1,000 This Week: Easily Save Big Money on Everyday Expenses Without Giving Up Your Daily Coffee

Just think about it - what would you do with an extra $1,000 THIS WEEK?

This book will show you how to save money without sacrificing quality of life. It’s about not wasting money and throwing it away when you don’t have to.

Big and small savings for things you’re already spending money on, that add up to tens-of-thousands of dollars over your lifetime. Miss these tips, and you might as well be lighting your money on fire.

Subscribe to the podcast now, to free yourself from worry, stress, and debt as Scott teaches you how to save more and earn more money so you can have financial freedom, become a millionaire, and live a rich life.

Join Scott’s weekly newsletter for tips on earning more, saving more, and achieving financial freedom here: https://ScottAlanTurner.com

Audiobook: Part 8. How To Save $1,000 This Week by Scott Alan Turner

Jun 28, 2019 24:59

Description:

This is a special edition of the unabridged audiobook for Scott Alan Turner’s How To Save $1,000 This Week: Easily Save Big Money on Everyday Expenses Without Giving Up Your Daily Coffee

Just think about it - what would you do with an extra $1,000 THIS WEEK?

This book will show you how to save money without sacrificing quality of life. It’s about not wasting money and throwing it away when you don’t have to.

Big and small savings for things you’re already spending money on, that add up to tens-of-thousands of dollars over your lifetime. Miss these tips, and you might as well be lighting your money on fire.

Subscribe to the podcast now, to free yourself from worry, stress, and debt as Scott teaches you how to save more and earn more money so you can have financial freedom, become a millionaire, and live a rich life.

Join Scott’s weekly newsletter for tips on earning more, saving more, and achieving financial freedom here: https://ScottAlanTurner.com

Audiobook: Part 6. How To Save $1,000 This Week by Scott Alan Turner

Jun 28, 2019 22:47

Description:

This is a special edition of the unabridged audiobook for Scott Alan Turner’s How To Save $1,000 This Week: Easily Save Big Money on Everyday Expenses Without Giving Up Your Daily Coffee

Just think about it - what would you do with an extra $1,000 THIS WEEK?

This book will show you how to save money without sacrificing quality of life. It’s about not wasting money and throwing it away when you don’t have to.

Big and small savings for things you’re already spending money on, that add up to tens-of-thousands of dollars over your lifetime. Miss these tips, and you might as well be lighting your money on fire.

Subscribe to the podcast now, to free yourself from worry, stress, and debt as Scott teaches you how to save more and earn more money so you can have financial freedom, become a millionaire, and live a rich life.

Join Scott’s weekly newsletter for tips on earning more, saving more, and achieving financial freedom here: https://ScottAlanTurner.com

Audiobook: Part 5. How To Save $1,000 This Week by Scott Alan Turner

Jun 28, 2019 19:39

Description:

This is a special edition of the unabridged audiobook for Scott Alan Turner’s How To Save $1,000 This Week: Easily Save Big Money on Everyday Expenses Without Giving Up Your Daily Coffee

Just think about it - what would you do with an extra $1,000 THIS WEEK?

This book will show you how to save money without sacrificing quality of life. It’s about not wasting money and throwing it away when you don’t have to.

Big and small savings for things you’re already spending money on, that add up to tens-of-thousands of dollars over your lifetime. Miss these tips, and you might as well be lighting your money on fire.

Subscribe to the podcast now, to free yourself from worry, stress, and debt as Scott teaches you how to save more and earn more money so you can have financial freedom, become a millionaire, and live a rich life.

Join Scott’s weekly newsletter for tips on earning more, saving more, and achieving financial freedom here: https://ScottAlanTurner.com

Audiobook: Part 4. How To Save $1,000 This Week by Scott Alan Turner

Jun 28, 2019 17:37

Description:

This is a special edition of the unabridged audiobook for Scott Alan Turner’s How To Save $1,000 This Week: Easily Save Big Money on Everyday Expenses Without Giving Up Your Daily Coffee

Just think about it - what would you do with an extra $1,000 THIS WEEK?

This book will show you how to save money without sacrificing quality of life. It’s about not wasting money and throwing it away when you don’t have to.

Big and small savings for things you’re already spending money on, that add up to tens-of-thousands of dollars over your lifetime. Miss these tips, and you might as well be lighting your money on fire.

Subscribe to the podcast now, to free yourself from worry, stress, and debt as Scott teaches you how to save more and earn more money so you can have financial freedom, become a millionaire, and live a rich life.

Join Scott’s weekly newsletter for tips on earning more, saving more, and achieving financial freedom here: https://ScottAlanTurner.com

Audiobook: Part 3. How To Save $1,000 This Week by Scott Alan Turner

Jun 28, 2019 22:39

Description:

This is a special edition of the unabridged audiobook for Scott Alan Turner’s How To Save $1,000 This Week: Easily Save Big Money on Everyday Expenses Without Giving Up Your Daily Coffee

Just think about it - what would you do with an extra $1,000 THIS WEEK?

This book will show you how to save money without sacrificing quality of life. It’s about not wasting money and throwing it away when you don’t have to.

Big and small savings for things you’re already spending money on, that add up to tens-of-thousands of dollars over your lifetime. Miss these tips, and you might as well be lighting your money on fire.

Subscribe to the podcast now, to free yourself from worry, stress, and debt as Scott teaches you how to save more and earn more money so you can have financial freedom, become a millionaire, and live a rich life.

Join Scott’s weekly newsletter for tips on earning more, saving more, and achieving financial freedom here: https://ScottAlanTurner.com

Audiobook: Part 2. How To Save $1,000 This Week by Scott Alan Turner

Jun 28, 2019 08:26

Description:

This is a special edition of the unabridged audiobook for Scott Alan Turner’s How To Save $1,000 This Week: Easily Save Big Money on Everyday Expenses Without Giving Up Your Daily Coffee

Just think about it - what would you do with an extra $1,000 THIS WEEK?

This book will show you how to save money without sacrificing quality of life. It’s about not wasting money and throwing it away when you don’t have to.

Big and small savings for things you’re already spending money on, that add up to tens-of-thousands of dollars over your lifetime. Miss these tips, and you might as well be lighting your money on fire.

Subscribe to the podcast now, to free yourself from worry, stress, and debt as Scott teaches you how to save more and earn more money so you can have financial freedom, become a millionaire, and live a rich life.

Join Scott’s weekly newsletter for tips on earning more, saving more, and achieving financial freedom here: https://ScottAlanTurner.com

Audiobook: Part 1. How To Save $1,000 This Week by Scott Alan Turner

Jun 28, 2019 26:15

Description:

This is a special edition of the unabridged audiobook for Scott Alan Turner’s How To Save $1,000 This Week: Easily Save Big Money on Everyday Expenses Without Giving Up Your Daily Coffee

Just think about it - what would you do with an extra $1,000 THIS WEEK?

This book will show you how to save money without sacrificing quality of life. It’s about not wasting money and throwing it away when you don’t have to.

Big and small savings for things you’re already spending money on, that add up to tens-of-thousands of dollars over your lifetime. Miss these tips, and you might as well be lighting your money on fire.

Subscribe to the podcast now, to free yourself from worry, stress, and debt as Scott teaches you how to save more and earn more money so you can have financial freedom, become a millionaire, and live a rich life.

Join Scott’s weekly newsletter for tips on earning more, saving more, and achieving financial freedom here: https://ScottAlanTurner.com

Audiobook: Introduction to How To Save $1,000 This Week by Scott Alan Turner

Jun 28, 2019 10:17

Description:

This is a special edition of the unabridged audiobook for Scott Alan Turner’s How To Save $1,000 This Week: Easily Save Big Money on Everyday Expenses Without Giving Up Your Daily Coffee

Just think about it - what would you do with an extra $1,000 THIS WEEK?

This book will show you how to save money without sacrificing quality of life. It’s about not wasting money and throwing it away when you don’t have to.

Big and small savings for things you’re already spending money on, that add up to tens-of-thousands of dollars over your lifetime. Miss these tips, and you might as well be lighting your money on fire.

Subscribe to the podcast now, to free yourself from worry, stress, and debt as Scott teaches you how to save more and earn more money so you can have financial freedom, become a millionaire, and live a rich life.

Join Scott’s weekly newsletter for tips on earning more, saving more, and achieving financial freedom here: https://ScottAlanTurner.com

Audiobook: Welcome to How To Save $1,000 This Week by Scott Alan Turner

Jun 28, 2019 06:03

Description:

This is a special edition of the unabridged audiobook for Scott Alan Turner’s How To Save $1,000 This Week: Easily Save Big Money on Everyday Expenses Without Giving Up Your Daily Coffee   Just think about it - what would you do with an extra $1,000 THIS WEEK?   This book will show you how to save money without sacrificing quality of life. It’s about not wasting money and throwing it away when you don’t have to. Big and small savings for things you’re already spending money on, that add up to tens-of-thousands of dollars over your lifetime. Miss these tips, and you might as well be lighting your money on fire.   Subscribe to the podcast now, to free yourself from worry, stress, and debt as Scott teaches you how to save more and earn more money so you can have financial freedom, become a millionaire, and live a rich life.   Join Scott’s weekly newsletter for tips on earning more, saving more, and achieving financial freedom here: https://ScottAlanTurner.com

Start Paying Attention To Secure Your Future

Jun 27, 2019 39:45

Description:

- Another study shows Americans are struggling to save for the future. What can be done?
- How do you convince others to save, build an emergency fund, and understand compound interest (Mark)
- What stock would make a good graduation gift (Jason)
- What is the best robo advisor in the UK (Emma, UK)
- Can you explain how you buy company stock in a discount purchase plan (Sydney, Waterbury,Connecticut)
- The pitfalls when it comes to house flipping and hiring contractors
- In the band - Trevor pays off his last debt.

Mentioned on the show:

Wealthify - https://www.wealthify.com

Get The Complete Guide To Saving Money
FREE printed copy of Scott's new book - How to Save $1,000 This Week: http://bit.ly/2w30ZWs

Identity Protection In 2019

Jun 26, 2019 39:43

Description:

What steps have you taken to protect your identity, and are there some things you may have missed?
- I have inherited $100,000 in bonds and am not sure what to do with them (PencilPusher, New Jersey)
- Should I cash out some investments to pay off a HELOC (Lara)
- I'm done with Amazon Prime (Leon)
- Should I do a traditional IRA or SEP IRA for a business (Justin)
- Where should I get renters insurance from (Natasha, Cape Coral,Florida)
- What do you think about investment clubs (Julian, Worcester, Massachusetts)
- What the Kardashians can teach us about budgeting
- Watch out for what people are saying about increasing the minimum wage
- New AirBnB Lux service for travelers
- Are you basking in your own reality?

Mentioned on the show:

Get The Complete Guide To Saving Money
FREE printed copy of Scott's new book - How to Save $1,000 This Week: http://bit.ly/2w30ZWs

Saving Money On Insurance

Jun 25, 2019 39:44

Description:

- When should you raise the deductible to save money on insurance?
- My mortgage may soon go into foreclosure (Paula)
- Should you pay the minimums on student loans
- I'm super broke and have a baby on the way (Drew)
- If I have a SIMPLE IRA can I make out a 401(k) in the same year (Jesse, Philadelphia, PA)
- I can't say no to lending and spending (Sade)
- Should I take money out of the market since its up (Jim)
- Should I pay off my student loans with my emergency fund (Darren)
- Get free online education
- Buying whiskey to make money

Mentioned on the show:

MIT Open Courseware - https://ocw.mit.edu/index.htm

Luxury items to make money - https://www.usatoday.com/story/money/2019/06/21/make-money-by-investing-in-whisky-consulting-firm-says/39583059/

5 Get Rich Schemes That Actually Work

Jun 20, 2019 39:43

Description:

Gold? Forex? Cryptocurrency? Print on demand? Closing sales? House flipping? Scott has the secret to getting rich with no money down, and he's giving it away for free.
- App that can save you money on stuff (Tony)
- How to find an out of state realtor ( Michelle, Maine)
- Can I roll my Traditional IRA to a 403(b) (Gandolf, New York)
- Will I pay taxes if I use money from a brokerage account to pay debt (Ben, Fort Wayne, IN)
- Free activities for kids this summer (Yvonne)
- What are the hidden expenses of owning a home (Valerie, Washington)
- Best and worst franchises to own
- That lemonade stand is probably illegal and the children running it should be arrested
- How to get out of paying social security.

Mentioned on the show:

Best + Worst Franchises - https://www.forbes.com/sites/karstenstrauss/2019/06/19/best-worst-franchises-buy-own/#6cb34e107d79

Get The Complete Guide To Saving Money
FREE printed copy of Scott's new book - How to Save $1,000 This Week: http://bit.ly/2w30ZWs

https://podcasts.apple.com/us/podcast/she-threw-away-a-diamond-ring/id1053256064?i=1000442060894

She Threw Away a Diamond Ring

Jun 19, 2019 39:43

Description:

- Imagine how you would feel if you threw aways something valuable. And then think about what's really valuable in your life.

- We cash flowed a masters degree and are celebrating with a trip to the UK (Richard)

- How do I stop giving away my money to my family (Troylene, Baja)

- Should I take a course to get out of paying a red light ticket (Julia)

- Where should I get advice on what to do with a $150,000 inheritance (Roman, Ohio)

- The Gold Nugget Goons are out and complaining because Scott destroyed their arguments about buying gold.

- Costco's ID theft service isn't worth getting.

- Another investor fails his customers, proving again money managers don't have consistent returns.

- What do mom's know about money (Cade)

Mentioned on the show:

Get The Complete Guide To Saving Money
FREE printed copy of Scott's new book - How to Save $1,000 This Week: http://bit.ly/2w30ZWs

Never Break This Rule And You'll Have More Money

Jun 18, 2019 39:44

Description:

- It's one of the golden rules of personal finance that helps you keep more of your money, over and over.
- How to improve your credit score for free.
- Should an emergency fund be used if you can save money by pre-paying for something (Ken)
- How do you deal with saving when something always comes up (Mark, Facebook)
- When funding my revocable trust, do I need a lawyer to title my house in the name of the trust (Rick, Texas)
- I'm tired of living paycheck to paycheck and am getting ready to be married (Dustin, Florida)
- I'm looking for new ways to grow on my personal finance journey (Katie, California)
- Scott rants about wasting water on lawns.

Mentioned on the show:

Get The Complete Guide To Saving Money
FREE printed copy of Scott's new book - How to Save $1,000 This Week: http://bit.ly/2w30ZWs

 

Are Student Loans An Investment or Not?

Jun 13, 2019 39:43

Description:

- Are student loans an investment, a ripoff, or just dumb debt? Emily, an applicant to the Scott Alan Turner Personal Finance Scholarship, weighs in.
- Should I pick a SEP IRA or Solo 401(k) (Rory, Youtube)
- In the band - Molly paid off $50,000 in student loans.
- I am in debt by now and don't know a way to pay it because I am still studying (Ann)
- Best way to save for kids (Richard)
- What should I look for in buying a home (Hunter, California)
- Which debt should I pay down first (Tilly, Ontario, Canada)
- Ways to get sponsors to pay for things like events or products

Mentioned on the show:

The cost of having a baby - https://momlovesbest.com/baby-cost

Personal finance scholarship - https://scottalanturner.com/personal-finance-scholarship/

Get The Complete Guide To Saving Money
FREE printed copy of Scott's new book - How to Save $1,000 This Week: http://bit.ly/2w30ZWs

Should You Invest in Bonds?

Jun 12, 2019 39:42

Description:

- What do you need to know about bonds? Is it ever a good time to invest in them? Only if you like money.
- How to cut down the time on hold with the IRS
- Can you get sponsors for a food truck (Cindy)
- What's you're opinion on target date funds (Kevin)
- What is a stretch IRA (Ric, San Antonio, TX)
- When I go through depression it feels good to spend money and the next thing you know you, I'm overdrawn on my accounts (Matthew)
- What are the must-haves I should look for in a long term disability policy (Leon)
- Last minute father's day gifts
- Scott's new phone and why he doesn't by extended warranties

Mentioned on the show:

https://us.dimensional.com/perspectives/why-should-you-diversify

http://archive.nytimes.com/www.nytimes.com/2010/01/02/your-money/stocks-and-bonds/02money.html

https://www.advisorperspectives.com/newsletters10/pdfs/Not_a_Lost_Decade_for_Diversified_Balanced_Portfolios.pdf

https://blog.callenq.com/irs-hold-times-disconnect-data-10k/

Get The Complete Guide To Saving Money
FREE printed copy of Scott's new book - How to Save $1,000 This Week: http://bit.ly/2w30ZWs

Get The Facts On Gold - FOOLS GOLD!

Jun 11, 2019 39:43

Description:

- Investing in gold means less money for you. Here's why.
- Amazon has a new secured credit card for people with bad credit.
- NFL Player with the 138,000 miles on his truck
- Can I reduce my taxes by putting a rental home in an LLC (Rick, Texas)
- Is it better to pay cash for a car and get a rebate or use 0% financing (Big J)
- How do stay positive in tough times when you are transitioning careers (Jackson, Facebook)
- I have loans with 30% interest. How can I lower the when I can't pay my bills. (Patty)

Mentioned on the show:

https://dqydj.com/sp-500-periodic-reinvestment-calculator-dividends/

https://www.macrotrends.net/1333/historical-gold-prices-100-year-chart

https://twocents.lifehacker.com/should-you-get-amazons-new-card-for-people-with-bad-cre-1835376164

https://www.espn.com/blog/denver-broncos/post/_/id/33293/beat-up-truck-busch-light-and-chew-broncos-fullbacks-simpler-things

Get The Complete Guide To Saving Money
FREE printed copy of Scott's new book - How to Save $1,000 This Week: http://bit.ly/2w30ZWs

Don't Take Advice From Rich People Either

Jun 6, 2019 39:44

Description:

Scott rants on the bad advice some rich people give, and shares how you can figure out where and how to find good advice.
- What do you think about Fundrise for investing in real estate (Justin)
- What crowdfunding sites are best (Cindy)
- Travel hack for saving money on drinks at the airport (Terry)
- How do annuities work from my employer (Zak)
- No, carrying a balance on your credit card does NOT build your credit score
- What is the taxation of investing outside of retirement funds (Dave, North Dakota)
- People I follow are talking about Forex, is it a good way to invest (Chase, IGDM)
- RED ALERT WARNING - The Orenda coffee maker is a scam from Auroma Brewing
- What you could do with money in the bank (Rachel)

Mentioned on the show:

Scam Coffee Maker - https://www.orendacoffee.com/

No Retirement Savings - https://www.statista.com/chart/18246/share-of-americans-who-have-no-retirement-savings/

Get The Complete Guide To Saving Money
FREE printed copy of Scott's new book - How to Save $1,000 This Week: http://bit.ly/2w30ZWs

One Thing You Must Do To Build Wealth

Jun 5, 2019 39:43

Description:

What do people with more time, money, and better schedules have in common?
- I am no longer scared of my debts (Sophia)
- Should you invest your emergency fund to keep up with inflation (George)
- Is there a way to avoid convenience fees when paying them with credit cards (Lara)
- Best way to open an HSA (Legolas)
- What does deferral mean in a 401(k)
- What should I do with a TSP once I leave the federal government (Walt, California)
- Watch out for fake diamonds.
- 25-year-old hairstylist makes $280,000 a year.
- Should we use our savings to pay debt or cash flow college (Kenobi)

Mentioned on the show:

HSA Eligibility - https://www.irs.gov/publications/p969

https://www.cnbc.com/2019/05/23/how-a-25-year-old-hairdresser-making-280000-dollars-in-detroit-spends-money.html

Get The Complete Guide To Saving Money
FREE printed copy of Scott's new book - How to Save $1,000 This Week: http://bit.ly/2w30ZWs

How To Invest And NOT Be Afraid

Jun 4, 2019 39:44

Description:

Some people think the stock market is a Ponzi scheme, and they will lose all their money. Here's the truth about stocks.
- The real way to get a good night's sleep.
- My CFP wants me to move money from my TSP to Ameriprise (Laura)
- What's your review of Grant Cardone and Cardone Capital (Chris, New Jersey)
- What's the best online savings account (Ariana)
- Which of my student loans should I pay off first (Alejandra, San Antonio, TX)
- Where can I research companies to invest (Chase, Instagram)
- Would you comment on the subject of bitcoin (William)
- Red Alert Warning - Quest diagnostics had patient data stolen for 12 million people
- Coca-Cola will pay you $10,000 for the best-ever flavor combination.

Mentioned on the show:

Grant Cardone Exposed - https://www.youtube.com/watch?v=7hHI6kYz9So

COOP Pillow - https://www.amazon.com/gp/product/B00EINBSJ2

Coke contest - https://www.cnbc.com/2019/05/31/coca-cola-is-offering-10000-if-you-create-the-best-new-drink.html

Get The Complete Guide To Saving Money
FREE printed copy of Scott's new book - How to Save $1,000 This Week: http://bit.ly/2w30ZWs

How To Make A 6-Figure Income For Dummies

May 30, 2019 39:44

Description:

It's the easiest money you'll ever make! Or is it the easiest money you'll ever lose? Another Scaminar exposed.
- What do I do with an old 401(k) if I'm changing jobs (Andrew, Cincinnati, Ohio)
- How do we start our finances off the right way in marriage (Stanley)
- How much debt is ok to have before buying a first house (Alejandro, Tyler, TX)
- My daughter is taking out some student loans, so what amount is reasonable (Coco)
- Can't get ahead as a single parent with one income (Kai, Nashville, TN)
- Are there hidden costs when investing with ETFs?
- Do you suffer from stinkin' thinkin'?

Mentioned on the show:

Are free investments really free - https://www.fa-mag.com/news/the-hidden-danger-of-zero-fee-etfs-44514.html

Get The Complete Guide To Saving Money
FREE printed copy of Scott's new book - How to Save $1,000 This Week: http://bit.ly/2w30ZWs

 

Too Dumb To Become A Millionaire?

May 29, 2019 39:42

Description:

What do you do when people in your life don't believe in your dreams? Can ordinary people really build wealth?

- What to consider when picking a 529 college savings plan

- I was let go of my job. How should I handle my money until I find a new one (Ed, Columbia, SC)

- How to setup a business partnership (Anthony)

- Is it a good idea to rent a vehicle before buying (Colleen)

- Did you know Lada Gaga was once bankrupt?

- How can you watch local news without cable?

- Should I take out Roth money to buy a rental mobile home (Retirement Cash)

- I'm having trouble with my credit and income (Cassidy)

- How can I make money at forex (Kelvin)

Mentioned on the show:

Mt. Everest line - https://www.usatoday.com/story/news/world/2019/05/27/mount-everest-deaths-overcrowding-blamed-string-fatalities/1249611001/

Get The Complete Guide To Saving Money
FREE printed copy of Scott's new book - How to Save $1,000 This Week: http://bit.ly/2w30ZWs

 

Self Made Millionaire On $35,000 a Year?

May 28, 2019 39:43

Description:

Yes, you can become a millionaire on a teacher's salary. Andrew Hallam did it in just 17 years.

- How do you save money on appliances if you move into a new house (Marcy, West Adams, CO)

- How should help our 10-year-old grow his business (Rosalyn)

- More 401(k) administrators getting fined for pushing people into higher priced products.

- Generation Z - Kylie's thoughts on money.

- A simpler way to separate finances after a divorce.

- I'm 58 and having trouble finding work after moving (Ray, Austin, TX)

- How can I be disciplined when investing in myself while working 9-5 (Sherrin)

- Is there any hope for my husband who has been out of work since the fall (Lori)

- Be wary of the get-rich-quick people that try to hang around with you (Valenti, Youtube)

Mentioned on the show:

Retirement reinvention - https://www.amazon.com/Retirement-Reinvention-Make-Your-Next/dp/0143131915

Edward Jones settlement - https://news.bloomberglaw.com/employee-benefits/edward-jones-gets-ok-for-3m-settlement-in-401k-lawsuit

Collaborative Divorce - https://family.findlaw.com/divorce/how-a-collaborative-law-divorce-works-faq-s.html

Millionaire teacher - https://www.cnbc.com/2017/04/28/how-one-teacher-became-a-self-made-millionaire-by-age-36.html

Get The Complete Guide To Saving Money
FREE printed copy of Scott's new book - How to Save $1,000 This Week: http://bit.ly/2w30ZWs

 

My Advice To Grads

May 23, 2019 39:41

Description:

Doing work that feels beneath you always pays off in the end.

- How to save for Christmas gifts this year (Olivia, Kentucky)

- How to negotiate a medical bill (Emily)

- What can we cut back on to save money (Riley, Vermont)

- How much should you pay for a wedding ring

- How can I save up for my own place after graduating high school (Austin)

- Should I sell my rental home in another state (Michele, Florida)

- Are CBD companies a good idea to invest in (Chase, Minnesota)

Mentioned on the show:

Advice for grads - https://www.wsj.com/articles/my-advice-to-grads-start-mopping-1527518588

Get The Complete Guide To Saving Money
FREE printed copy of Scott's new book - How to Save $1,000 This Week: http://bit.ly/2w30ZWs

 

How To Cut Your Grocery Bill in Half

May 22, 2019 39:43

Description:

Some tips and apps to quickly and easily save on food.

- We just paid off our $18,000 kitchen remodel (Brian, Minnesota)

- Should my 23-year-old be investing (Paula)

- How to help my brother who is bad with finances get on a budget (Mason, Omaha, NE)

- Should I use extra money from my side gig for debt payments or to use on my car (Darcie)

- What do we do when we sit down to work on our budget (Sky, Houston, TX)

- How do you publish a book (Psy)

- What amount of money should we tithe now that we are out of debt (Carter)

- How do I rebalance my 401(k) (Arthur, Tuscon, AZ)

- Watch out for PayPal not sending you alerts.

- How much money can you save between a community college and state university

- Did you know you are in the 1%?

Mentioned on the show:

Global Rich List - http://www.globalrichlist.com/
Ibotta - https://ibotta.com/register?friend=VSHIWRL
Checkout51 - https://www.checkout51.com/
BerryCart - http://www.berrycart.com/

 

Get The Complete Guide To Saving Money
FREE printed copy of Scott's new book - How to Save $1,000 This Week: http://bit.ly/2w30ZWs

 

This Mistake Could Cost You 40% Of Your Wealth

May 21, 2019 39:42

Description:

Not only do have to put your money in the right stuff, it has to be in the right place too, and spent at the right time.
- How to budget on an irregular income (Zoe, Toledo, OH)
- Are secured credit cards good to rebuild credit (Sophia, Florida)
- My husband is investing with a margin account and I'm worried about what could happen (Chloe)
- I met with a financial advisor that's pushing commission based investments. What should I look out for (Erin, Plano, TX)
- How can my 18-year-old build her credit score (Charlotte)
- Warning for travel hackers on getting points from new credit cards (Logan, Australia)
- How to rebalance a 401(k) if you have company stock in it (Arthur, Tuscon, AZ)
- Should you tithe on gross income or your take home paycheck (Carter)
- Remember to shop for insurance, even if you have an escrow account (Dustin)
- Ways to appear wealthy even without being wealthy.

Mentioned on the show:

Traveling guide services and experiences - GetYourGuide.com
Look rich tips - https://www.thinkadvisor.com/2019/05/14/10-ways-to-appear-wealthy

Get The Complete Guide To Saving Money
FREE printed copy of Scott's new book - How to Save $1,000 This Week: http://bit.ly/2w30ZWs

Making Smart Spending Decisions

May 15, 2019 39:45

Description:

When you get clear on what you want, it’s easier to disconnect from what you don’t.
- How to research a good used car (Liza)
- I've lost momentum on my debt-free journey (Amber, Facebook)
- What brand of children's shoes last a long time (Corey)
- How to diversify outside of retirement accounts (Gandolf)
- How much money would be good to open a savings account for a 7-year old (Cassandra)
- Watch out for extra costs when buying a condo.
- You called it right on Helium (Allison)
- Tax efficiency of ETFs vs. index funds (Tom, Florida)
- What is a good balance of stocks and bonds if you have a pension (Harriet, Washington D.C.)
- Should we stop saving for retirement to save up for a house (Hannah, Connecticut)
- Are there regulations on who can be a financial planner (Stuart)

Mentioned on the show:

https://www.fidelity.com/learning-center/investment-products/etf/etfs-tax-efficiency
https://www.bloomberg.com/graphics/2019-vanguard-mutual-fund-tax-dodge/

Get The Complete Guide To Saving Money
FREE printed copy of Scott's new book - How to Save $1,000 This Week: http://bit.ly/2w30ZWs

 

How To Balance Work + Play + Spending + Saving

May 14, 2019 39:44

Description:

The average American spends $18,000 a year on nonessential items, and people were not happy when other out-of-touch dinosaurs told them how to spend their money.

- Should my 50-year-old dad pick a Roth 401(k) or regular 401(k)(Legolas)
- We are struggling to pay off a home renovation (Rebecca)
- I feel guilty about taking vacations while paying down debt (Vincent)
- Should I pay off my car if the interest is the same as what I'm getting in my savings account (Anna)
- Can you front-load a 529 College Savings Plan (Anon)
- Best way to save for retirement in Canada (Denise, Nova-Scotia, Canada)
- Should I invest in a 401(k) if I already have an ESOP (Tony, Ohio)
- Thanks for writing a book my husband would read (Lori)
- Using apps to avoid toll roads
- Red Alert Warning - crypto-scams

Mentioned on the show:

You don't need that: https://www.usatoday.com/story/money/2019/05/07/americans-spend-thousands-on-nonessentials/39450207/

Front loading 529 College Savings Plans https://www.irs.gov/pub/irs-pdf/f709.pdf

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

https://podcasts.apple.com/us/podcast/hips-dont-lie-and-neither-do-budgets/id1053256064?i=1000437632123

Hips Don't Lie. And Neither Do Budgets.

May 9, 2019 39:45

Description:

Beware of the people who will say anything to get your attention, it could cost you big money.
- Where should someone put $25k for a niece (Legolas)
- I the federal government defaults on their loans, how would that event affect the stock market (Angie)
- How can I earn money without investing (Jenna)
- How can I increase my income as a piano teacher (Bill, Pennsylvania)
- Where should we put $180,000 we'll need in a couple years for a new house (Brenda)
- We have a goal of hitting $100,000 in savings (Matt)
- Consumer protection alert - Watch out for this new robocall scam
- Are you eating real rice or fake rice?

Mentioned on the show:

New robocall scam - https://bgr.com/2019/05/07/robocall-scams-one-ring-call/
What is rice - https://www.wsj.com/articles/in-louisiana-a-fight-over-whats-rice-11556616601

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

 

Are You Going To Win Or Lose In The Rising Economy?

May 8, 2019 39:41

Description:

Most people are excited the new economy is going to fix everything. Should people be optimistic?
- How am I doing on saving (Erin, LA)
- How do I move my old 401(k) (Juan)
- A beginner's guide to IPOs (and why you should avoid them)
- We had to move quickly and it took some of our savings (Wren)
- Is there a faster way to pay down student loans (Paige)
- How do I setup and put money in an emergency fund (Emmanual, Uganda)
- Why a good night's sleep (on a good mattress) is a good investment.
- Jen shared her emergency fund name to keep her inspired
- My wife will receive an inheritance and I don't think she'll want to pay down all of our debts with it (Bernie)
- Kanye West shows you can be stylish on a budget
- Are you being taken advantage of by people in suits?

Mentioned on the show:

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

 

Why You SHOULD Keep Up With The Jonases

May 7, 2019 39:46

Description:

- Joe Jonas and Game of Thrones actress Sophie Turner got married for $600 and swap candy rings.
- Product cost review of the sous-vide
- Story of turning financial situation around (Corey)
- How else can I diversify my investments (Chris, Pensacola, Florida)
- Was it a good idea to cancel my dad's life insurance policy (Jules, Quebec, Canada)
- Should I switch to a Roth 401(k) (Maria, YouTube)
- What's the best way to fly and save money (Lara)
- Am I right to pay taxes now rather than later (Brian, YouTube)
- Scott Rants - why don't people lift a finger for themselves?

Mentioned on the show:

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

 

Where to Live To Save Money

May 2, 2019 39:45

Description:

How small changes in your living situation can add up to massive wealth over time.
- Is phone insurance worth buying (Matt)
- Where should I put my yearly bonus (Horatio, Ft. Worth)
- What amount of money do I need to retire in 20 years (John, St Paul, MN)
- Fidelity Signature Rewards card to build up your investments (Marty, California)
- Should I pay off my car or buy a pre fabricated home and rent it (Ryan, Portland OR)
- Should I go back to school to invest in myself (Brady)
- Shopping around home closing costs saves one listener $7,500 (Alex)
- Scott reports back on an online service to backup your old media.

Mentioned on the show:

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

$1,000 Annual Fee For A Credit Card?

May 1, 2019 39:44

Description:

Would you pay $1,000 for a fancy credit card just to be seen? Some people would.
- Should we look at a bigger house if we aren't ready to buy (StarLord)
- Where should I put my IRA (Han Solo, California)
- When is it too late to contribute to a 401(k) (Star of Mine)
- Is there better places to put emergency funds to earn more interest (Mike)
- Should I be worried about the future (George)
- Do I have too much money in my emergency fund (Andrew, Cincinatti, OH)
- My CFP we're behind on our retirement (Brett)
- Are there ways to hide money from an ex-spouse (Batman, Gotham City, NY)
- My bad rental house experience turned out to be a good thing (Ma-ah-K-N-Z)
- Finding a business idea from an aging grandparent.

Mentioned on the show:

Napa Valley Olive oil experience https://www.darioush.com/be-our-guest/sensory-sessions-olive-oil

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

How Much Should People Spend On Pets?

Apr 30, 2019 39:45

Description:

Healthcare for pets can cost a lot of money. At what point does it cost too much?
- Is pet insurance worth it?
- Should I plan on having my student loans forgiven (Chris, Savage, MN)
- Are leveraged funds a good investment (Iain, Facebook)
- How can I prepare for future health care costs (Beth, Michigan)
- Should I cancel my whole life insurance policy (Eric)
- After COBRA expires what health insurance should I get (Malinda)
- Should parents help their children instead of save for retirement
- Paypal has changed its transfer terms (Red Alert Warning)

Mentioned on the show:

Pet insurance study - https://www.washingtonpost.com/lifestyle/home/is-pet-insurance-worth-it/2018/10/23/64ff3dfa-ccb1-11e8-a3e6-44daa3d35ede_story.html

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

What Is The Most Your House Should Cost?

Apr 24, 2019 39:45

Description:

How much house should you buy based on your income (Jen, New York)
- What type of insurance protects an LLC (Cindy)
- Check your sprinklers to save on your water bill
- How one NFL prospect is making lemonade out of lemons (for free)
- What is the best way to build money outside of retirement accounts (Rachel)
- How to proritize debt and a new house (Dr. J)
- How much should a will cost (Andy)
- How can I pursue my dream of music (Dominic, Alabama)
- What are the priorities for a 50-year-old with no savings (Kim)
- Are you taking advantage of employer perks

Mentioned on the show:

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

Emergency Fund Hacks To Get Ahead

Apr 23, 2019 39:45

Description:

Half of people would end up living in a van down by the bridge because of a financial disaster. Here’s why you should think about your future.
- Travel hack to save on food (Valeria)
- What is the best time to buy a used car (Ariana)
- Converting 401(k) to a Roth while still employed (Josh)
- We're slowing down our debt payoff to prepare for a new baby (Ann)
- Is a 401(k), Roth 403(b) or 457 better to put bonds in (Matt)
- How much you know (or don’t know) about long-term care, Social Security, IRAs, investments, and life insurance?
- What is the best option between mutual funds and index funds (Matt)
- Should I slow down my retirement savings to build my emergency fund (Mike, Marina Bay Richmond CA)
- These are not the cookies you're looking for.
- Can you pass this retirement income quiz?

Mentioned on the show:

Best time to buy a car - https://scottalanturner.com/when-is-the-best-time-to-buy-a-car/

Retirement Income Literacy Quiz - https://retirement.theamericancollege.edu/for-consumers

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

Big, Bold, Brave Money Moves To Supercharge Your Life

Apr 18, 2019 39:46

Description:

One of my friends had a loss of income topped off with big medical bills. Listen to the a plan to take her from surviving to thriving.
- How do you not get complacent with your budget and daily goals (Dustin)
- What index funds are available for Norway residents (Mikael)
- Is there anything else I can do to minimize my tax besides maxing out my 401k, HSA, and IRA (Sam)
- Should we pay off our house before retirement. We owe $173,000. (Jodie)
- Are mastermind groups an expensive risk (Jim, Central New Jersey)
- Be aware of pension shortfalls (Red Alert Warning)
- My credit card bills keep rising. How can I pay them off faster (Christopher)
- I had no idea what we were paying for fees and now I do (The Dog)

Mentioned on the show:

Where is the Pension Money - https://www.wsj.com/articles/why-the-longest-u-s-bull-market-has-failed-to-fix-the-nations-public-pensions-11554888600

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

Lottery Winner Sues Son Over Bad Money Management?

Apr 17, 2019 39:45

Description:

Warning for everyone on what can go wrong when you do not do proper estate planning, and ignore risk while focusing only on returns.
- How to get the product return you deserve and not deal with customer service
- Is it possible to invest cash and get a 10% return (Mark)
- Reasons we are working on more side jobs to pay down debt (Colleen)
- What's your take on ethical investing (Doctor Crusher)
- If my child grew up as a cartoonist, would I have failed as a parent (Harry)
- Do I really need a financial advisor (Chewbacca, Colorado)
- Tips on growing a small business (Brian)

Mentioned on the show:

Blooom - https://www.blooom.com/

Rent The Runway - https://renttherunway.com

Powerball winner sues son - https://abcnews.go.com/US/wireStory/powerball-winner-90-sues-son-money-invested-poorly-62333046

International index funds for Norwegians - https://www.dnb.no/en/personal/savings-and-investments/funds/prices-intl-equity-funds.html

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

the money decision of the year

Apr 16, 2019 39:46

Description:

Watch out for these warning signs that your financial plan is built on quick sand and not solid rock.

- How to say no to a life insurance sales rep (Miguel, CA)
- Should I pick two target date funds if I don't know when I'll retire (Legolas)
- I'm in debt and don't know where to go (Kim)
- How can I grow my clientele (TiQuisha, Hotlanta GA)
- How to stop online shopping habits (Christine)
- Warning from a listener about getting the right insurance (Scooby Doo)
- Tax saving tip from Sunshine on getting the right deductions

Mentioned on the show:

NFCC.org - https://www.nfcc.org

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

5 Terrible Pieces of Financial Advice That Will Cost You Money

Apr 11, 2019 39:45

Description:

When it comes to your money these are five financial mistakes to watch out for so you can build wealth faster.

- In the band: Sam has more zeros in his bank account

- What should you look for when buying life insurance (Kevin, Roswell, GA)

- Your words are valuable to pass on to our kids (Barbara)

- How to keep from going over budget (Frank)

- How to recognize bad money advice (Jason)

- How can we help our family change their money habits (Mike)

- How do you get a partner on the money saving train (Bjorn, Sweden)

- How to avoid getting tricked by salespeople

- How to save money on college text books (Rachel)

Mentioned on the show:


FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

How To Shop For A Used Car

Apr 10, 2019 39:45

Description:

These used car buying tips can save you thousands the next time you buy a used car.

- Introducing the newest members of Team Turner.

- Car dealer services that aren't worth the money

- Tax scams to be aware of

- Be aware of when other people tell you what to do with your money (Saurav, YouTube)

Listener questions:

- What are some things I can do to to help me with taxes (Geoff)

- Do I have enough to live on in retirement if I'm 58 and have $200,000 invested (Jana)

- I'm interested more about the FIRE community (Seth)

- What is one money trick you use that you may not have talked about (Manual, Florida)

- How can I teach my kids better (Christine)

Resources/links:

IRS Tax Scams - https://www.irs.gov/newsroom/tax-scams-consumer-alerts

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

How To Have Better Money Habits

Apr 9, 2019 39:45

Description:

How can you improve your money everyday? What small actions will lead to massive results later?

- Should you buy travel insurance?

- How to turn a hobby into a business. The story of a private chef.

Listener questions:

- How much stocks and vs. should someone in their 20's have (Bert, Florida)

- You don't know what you're talking about with Robert Kiosaki (Dawn)

- What target date fund strategy would be better (Legolas)

- Should I sell some investments to pay off our house (Brett, Pennsylvania)

- How do I limit my spending and build savings (Luis)

- I get scared when making financial decisions (Henry)

Resources/links:

Compare travel insurance - https://www.insuremytrip.com/

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

How To Reduce Stress - Two Ways

Apr 4, 2019 39:46

Description:

You may be surprised at the impact life events can have on your mood, stress levels, and happiness. Two ways to live better.

- What are tax-advantaged insurance contracts (Red alert warning)

- How much should you spend on pet food?

- Success story: We finally understand our investments (Brenda)

Listener questions:

- How can new parents save money (Dan)

- How much company stock should I have in my 401(k) (Greg)

- How can I get out of a car lease (Ariana)

- Whose social security benefits should I use first (Mariza)

- How can I pay off my mortgage faster (Janella)

- Can I rollover an inherited IRA (Lisa)

Resources/links:

How life events effect financial well-being https://www.fidelity.com/viewpoints/tcm:526-394291-234995.comp

Social Security Strategies - https://www.amazon.com/Social-Security-Strategies-Optimize-Retirement/dp/0615457533

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

What Keeps You Up At Night?

Apr 3, 2019 39:45

Description:

There is something that everyone has to deal with, and it’s keeping me up at night.

- Subscription based financial advice

- Why have responsible financial habits (Anyiah, WI)

- Great source of networking and making connections (Samantha Carter)

Listener questions:

- How can I get my house built faster (Crystal, CA)

- How do I leave a good paying job (Esmeralda)

- I don't know how to start increasing my retirement funds (Trevor, South Africa)

- Should I get a home warranty for a HVAC system that might break (Dorothy, Kansas)

- What happens if my savings exceed the FDIC limits (Marissa, San Diego, CA)

- Can I leave a job and contribute to a 457b when I return (Kevin)

Resources/links:

Schwab financial subscription services - https://riabiz.com/a/2019/3/29/schwab-hopes-to-blend-into-the-subscription-world-of-netflix-amazon-and-apple-by-dumping-asset-based-fees-and-wooing-millennials-with-intelligent-portfolios-for-30-a-month

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

How To Deal With Unsupportive People

Apr 2, 2019 39:45

Description:

The more you change your life for the better, the more you’ll get the supporters and nonbelievers. Here are two ways to deal with them.

- Is investing in cryptos and cannabis a good idea?

- The average starting salary for a college major (Madeline, Ridgefield, CT)

- This cookie company is crushing it.

Listener questions:

- How can $200,000 last 30 years of retirement (Squilly, Youtube)

- How do I stop spending all my money (Evelyn)

- How can I help my parents with their annuity (Renee, Cincinnati, OH)

- Should I pay points for a mortgage refinance (Alex, D.C.)

- What should I do with my bonus of $300,000 (James, Boston)

- How do I rebalance my Thrift Savings Plan portfolio (Casey, Portland, Maine)

Resources/links:

Breckenridge Cookies - https://www.breckenridgecookies.com

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

Fake Math and Mutual Funds

Mar 21, 2019 39:45

Description:

Numbers don’t lie. People lie and manipulate numbers, but numbers don’t lie.

- Millionaire Story - Beth shares her path to financial independence at age 40

- Health alert - Kale rejoins the 'Dirty Dozen' list as one of the most contaminated with pesticides.

- Red Alert Warning - more phone scams to be aware of.

Listener questions:

- Explain the pro-rata rule when doing a backdoor Roth IRA (Marjorie)

- What do you think of the new Betterment Advice service (Gandolf)

- I keep getting in and out of debt (Marjorie)

- Where is a good place to put my tax money from my side hustle (Becca, Indianapolis)

- What can I do about my landlord harassing me (Patricia)

Resources/links:

Betterment Advice Packages - https://www.betterment.com/advice-packages/

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

Money Saving Myths Busted

Mar 20, 2019 39:46

Description:

There are lots of money myths we’ve all believed. But most people have fallen for some of these money saving myths too.

- Burger King launches $5 coffee service.

- A radio host busted for a $20M Ponzi scam

- Kaitlyn shares what her dad taught her about money

- Be wary of former washed-up celebrities pitching financial products

Listener questions:

- Is a second mortgage better than PMI (Dylan, Baton Rouge, LA)

- What is considered a 'low' expense ratio (Carter, Warner Robbins, Georgia)

- How can I get my 26-year-old on the envelope system (Daisy, Delaware)

- Help me understand my 403(b) plan (Mason, Las Vegas, Nevada)

- Should we borrow $20,000 to adopt a child (Liam, WA)

- Should I be pushing my kids to go to college (Bethany, Orlando, FL)

- Is it ok to get a company match on 401(k) when paying off debt (Pam, Atlantic City, New Jersey)

- I inherited some stock and can't decide if I should sell it (Phoebe, Topeka, Kansas)

Resources/links:

Collge Scorecard - https://collegescorecard.ed.gov/

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

Are You Just Working For A Paycheck?

Mar 19, 2019 39:45

Description:

What are three reasons people choose the career they do, and what questions should they be asking instead.

- My friends got to stay in a $1M house on the lake. For free. Find out how.

- Kayla shares the lessons she's learned about money.

Listener questions:

- I missed a couple credit card payments, how will it affect my credit score (Lucas, Ann Arbor, MI)

- What's wrong with YNAB (Ava, Maine)

- Can I get out of a car loan I co-signed for my brother (Jack, Columbia, South Carolina)

- Is the debt avalanche or debt snowball better to pay off $22,000 of debt (Gavin, Nebraska)

- What debts should I pay off with my tax refund (Lisa, Anchorage, Alaska)

- Car buying tips before I go car shopping (Owen, Cheyenne, WY)

- The contractor for my back deck isn't doing the work (Hannah, Ft. Worth, TX)

- Are separate accounts for married couples normal (Reece)

- Can I start an HSA if I'm self- employed (Yoda)

Resources/links:

House of Falling Embers, by Krystal Jane Ruin - https://www.amazon.com/House-Falling-Embers-Krystal-Jane-ebook/dp/B07GKMQQXJ

Trusted housesitters - https://www.trustedhousesitters.com

http://www.espn.com/blog/tennessee-titans/post/_/id/25994/how-two-nfl-players-sweet-tooths-made-them-hands-on-business-owners

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

The Status of Looking Rich for Rebels

Mar 14, 2019 39:45

Description:

Studies show not pretending to be rich raises your status in life. Who knew?

- Kara saved $33K for retirement in 4 years (without making more than $50K)

- What new cars can you get a deal on right now

- Why so many NFL players go broke

- Are you investing with a firm that got fined by the SEC?

Listener questions:

- My bank accounts were cleaned out by a scammer and now I have to start over (Nancy)

- My bank wants to move me to a managed investment account (Han Solo)

- Are there short term fixes for a credit score if I'm buying a house soon (Brandi, MA)

- How can I lower my insurance premiums. My 16-year-old is getting his license. (Chenell, Jacksonville, FL)

- When do you decide to keep stock options (Doug)

- Are there credit card hacks that are easy (Nathan, San Antonio, TX)

Resources/links:

- https://www.amazon.com/Rebel-Talent-Pays-Break-Rules/dp/0062694634

- https://www.sec.gov/news/press-release/2019-28?mod=article_inline

- https://247wallst.com/special-report/2019/03/11/cars-americans-dont-want-to-buy-4/

https://www.thinkadvisor.com/2019/03/07/why-so-many-nfl-and-nba-players-go-broke

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

The Retirement Community Gets This WRONG

Mar 13, 2019 39:45

Description:

Too many people have fallen for the myth that interest and dividend income is the best way to fund early or normal retirement.

- How to avoid overdraft fees

- Dog food marketing tricks

Listener questions:

- Are dividends a good strategy for income (Brady)

- Should we take a 401(k) loan to pay off debt (Sofia, Sioux City, IA)

- Can I get out of my car lease (Haley, Yonkers, NY)

- My kids won't spend money (Ian)

- What type of home insurance is best (Luis, Bridgeport, CT)

- I have 20% down for a house, should I get a 15 or 30 year loan (Owen)

- Are ETFs or index funds better (Taylor, Seattle, WA)

- I've got an $8,000 medical debt that is in collections (Destiny, Fresno, CA)

- Are CDs good for short term savings (Elia)

Resources/links:

- https://www.forbes.com/sites/wadepfau/2017/04/18/should-retirees-use-a-total-return-or-income-portfolio/#5f4bf80c5e96

https://www.schwab.com/resource-center/insights/content/retirement-income-strategies-total-return-approach

http://www.fsegn.rnu.tn/documents/Dividend%20policy.pdf

https://www.investopedia.com/terms/m/modigliani-millertheorem.asp

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

The Parent Money Trap

Mar 12, 2019 39:45

Description:

Parents who give everything to kids are taking away from them some of the most important things in life.

- Your friends’ social media posts are making you spend more money, researchers say

- Travel hack - TripIt app

Listener questions:

- Should I buy an extended warranty for a dish washer (Loren, Grey Eagle, MN)

- Can anyone join a credit union (Don, Reading, PA)

- How can I find a job if I have a felony record (Trav)

- What's a reasonable amount to borrow for a car (Isabelle, Savannah, GA)

- What amount of money is good for opening a savings account (Elijah, Mobile, AL)

- Should I borrow to grow my business (Keira)

Resources/links:

- https://www.washingtonpost.com/us-policy/2019/02/19/your-friends-social-media-posts-are-making-you-spend-more-money-researchers-say/?utm_term=.4daf976f9f19

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

Are You In The 800 Club?

Mar 7, 2019 39:45

Description:

How much money can people save on their insurance with a better credit score?

- Do you have enough insurance to protect your valuables?

Listener questions:

- I really don't understand money (Eva, Arizona)

- Should I stick with my advisor or DIY (Brett)

- Are HVAC contracts worth the cost (Taylor, Macon, Georgia)

- Is it ever good to lease, like for equipment (Kylie, Maui)

- What should I be aware of when hiring a moving company (Lily, Virginia)

- Which used car should I buy (Steph, Australia)

Resources/links:

Free Credit Score from Discover - https://www.discover.com/free-credit-score/

https://www.insurancequotes.com/home/home-insurance-and-credit

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

The Dumbest Strategy Ever?

Mar 6, 2019 39:45

Description:

One financial leader was yelling at the TV about another financial leader giving bad advice. Who is right when experts disagree?

- Update on our real estate empire (ha!)

- Is there a retirement crisis or not?

- Success Story - Clay is no longer living paycheck to paycheck.

Listener questions:

- What is the process for getting a CFP (Melissa)

- What is your opinion on mortgage payoff schemes using lines of credit (Michael, Winnipeg Canada)

- My investments aren't growing like I would like (Wayne)

- Can you get 12% in the market (Pete, Alberta, Canada)

- Is the Amazon store card worth it (Kara)

- I have $4,000 due on a delayed payment credit card (Heath, Washington, DC)

- Can I file an extension to pay the taxes I owe (Makenzie, San Francisco, CA)

Resources/links:

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

How Common is Financial Infidelity

Mar 5, 2019 39:45

Description:

What is financial infidelity? Discover what it is, how to prevent it, and the importance of overcoming it.

- Car loan defaults are at an all time high and it's a bad situation

- Why do some people get so much more done than others?

- Well Where Did My Money Go is paying out fines. Again.

- Millionaire Success Story - Guy, UK shares how he did it in 15 years.

Listener questions:

- Advice on the plan to pay off my debts (Jessica, Alabama)

- What if I can't get into a specific investment because of the minimums (Anthony)

- I've paid off $19,000 of student loan debt (Rory)

- I'm a single mom with student loans and limited time (Lynn)

- Whose advice should I listen to for guidance (Shaun)

Resources/links:

https://nypost.com/2018/01/22/millions-of-americans-keep-this-secret-from-their-partner/

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

Millions of People Won't Do This With Their Money

Mar 1, 2019 39:45

Description:

Did you know having tough conversations about money can lead to having more money?

- Comparing gold to the stock market and which you should invest in.

- Warning about Social Insecurity for all young people.

Listener questions:

- What budgeting software can reconcile accounts (JoAnne, Texas)

- How do you pick from an employer's retirement options (Lilly, Arizona)

- What are the reasons for not paying off a mortgage early (Vanessa, San Antonio)

- What things I should consider between a condo and townhouse (Dawn)

- Is enrolling in PSLF a good idea (Holly, Destin, FL)

- What one thing would you say led to your success the most (Brent, Vancouver, Canada)

Resources/links:

https://nypost.com/2018/01/22/millions-of-americans-keep-this-secret-from-their-partner/

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

Never Ignore This Advice

Feb 28, 2019 39:45

Description:

You have this superpower but you don’t always use it! Your sixth sense. Your gut reaction. Listen to it.

- Beware of the investing divas and how easy it is to make money.

- Payday lenders busted for paying for research to show payday lending is a good thing!

Listener questions:

- If you need to max out your credit cards is it better to spread charges over several cards or put them all on one (Lara)

- Is it better to pay off credit card debt in a lump sum or over time (Jessica, Georgia)

- Is 3% an appropriate fee for a financial advisor (Gandolf, New York)

- I have $245,000 in my 401(k), should I put more in or get an IRA (Christina)

- I'm age 70 and have no savings (Sheila, North Carolina)

Resources/links:

https://www.washingtonpost.com/business/2019/02/25/how-payday-lending-industry-insider-tilted-academic-research-its-favor/?noredirect=on&utm_term=.4d9ed7ed7458

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

This Money Advice is for Dummies

Feb 26, 2019 39:45

Description:

Why are people buying investing advice from people that disclose they are neither licensed nor qualified to provide investment advice?

- The secret to a long and happy life is 'so simple' according to a 95-year-old billionaire.

- Warning about waiting to fix your finances.

Listener questions:

- What are your tips for finding a business to start (Chuck)

- I just turned 50 and don't know where to start saving for my retirement (Jacqueline)

- What do you think about crowdfunded investing (Daren Rochester, NY)

- I make $35,000 and want to live a decent lifestyle (Trisha)

- What are the differences between mutual funds and index funds (Megan)

- Can you roll a 403(b) into a 457 plan (Gandolf, New York)

Resources/links:

https://www.irs.gov/pub/irs-tege/rollover_chart.pdf

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

ROBERT KIYOSAKI'S ADVICE IS FOR LOSERS

Feb 22, 2019 39:45

Description:

- Rich Robert, Poor You. Don't take my word for it, do your own research like I did.

- Do you think you know what to wear during a job interview?

- Watch out for this Amazon email scam.

Listener questions:

- Where should we focus next - student loans or the mortgage or the next house (Kelly, New Jersey)

- Which is better a Roth 401(k) or Roth IRA (Margaret, California)

- My wife isn’t open to giving up credit cards and using the envelope system (Jamie, Wilmington, Delaware)

- I'm finally sticking with my spending plan (Alex)

- Trying to decide which debts to pay down with our tax refund (Paul)

- I've had two surgeries and am trying to keep myself afloat (Allistair)

- I have $1.1M and am trying to figure out when I can retire (Steve)

Resources/links:

Pound Foolish, The Dark Side of the Personal Finance Industry: https://www.amazon.com/Pound-Foolish-Exposing-Personal-Industry/dp/159184679X

https://www.cbsnews.com/news/rich-dad-education-the-ultimate-emotional-investment/

https://www.marketwatch.com/story/rich-dad-academy-a-poor-choice-for-investors

https://www.biggerpockets.com/forums/79/topics/316902-my-experience-of-rich-dad-elite-legacy-event-scam

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

Why Is It So Hard To Save?

Feb 21, 2019 39:45

Description:

Saving ain’t easy, but give yourself props for having some, starting to have some, or having a plan to have some when you can.

- Free resources for your finances you might not know about.

- News of the weird: $8,000 can extend your life a little.

- Why won't people talk about money?

- Top rated insurance companies.

- One couple shares the key to early retirement.

Listener questions:

- What type of mortgage should we get (Barb Lexington, Kentucky)

- When should I start collecting my pension (Troy, Iowa)

- I lost my child care tax credits because of my income, should I stop investing (Rebecca, Indianapolis)

- I don't have a stable income while I'm in school (Gretchen)

- Good financial gifts for a wedding present (Martin, Chicago, IL)

Resources/links:

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

How To Stay Motivated

Feb 19, 2019 39:45

Description:

How do you stay motivated if your goals and dreams will take years? Listen to these tips to power through.

- ID theft tips from a cyber security expert.

- Top three 'stupid' things millennials waste money (Kevin O'Leary)

Listener questions:

- What to do with an old 401(k) (Kristin)

- There's no jobs in my town, I have no money and I want to get out (Walter, Eastern Kentucky)

- I keep falling off the budget wagon (Peggy)

- I've been spending money on ridiculous things (Iman, Spain)

- How should HSA money be invested (Eric, York, PA)

- Where should we focus next - student loans or the mortgage or the next house (Kelly, New Jersey)

Resources/links:

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

How To Spot An Investment Scam

Feb 15, 2019 39:45

Description:

You've seen the ads - it's the best way to grow rich! Which often means it's the best way for people to lose what they've worked so hard for.

- What to think about when buying a car

- Red alert warning - romance scams are on the rise

- How to back out of a contract.

Listener questions:

- I am 68 years old and $100,000 in debt (Colleen)

- Do we need a home inspector for a new house (Shawn, Maryland)

- What's a good amount of money to give to a kid for a car (Kim, Houston, TX)

- What do you think about giving kids allowances (Julie)

- Getting laid off this summer, how best to prepare (Wes, UK)

- How do I go about signing up for a 529 plan (Mark)

Resources/links:

https://www.kbb.com/new-cars/about-total-cost-of-ownership/

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

When To Rent vs. Buy a Home

Feb 14, 2019 39:45

Description:

Renting can be a great for your sanity, situation, and security. Have you thought about what could go wrong if you follow bad advice and get a house too soon or for too much.

- Save money on your LLC

- Red alert warning - watch out for this marketing trick that will cost you money

- Bea is saving for retirement after paying off some debts.

Listener questions:

- Where should I put my emergency savings (Casey)

- How should my wife and I arrange our finances (Steve)

- Any gotchas with a secure credit card (Joe)

- How to save for retirement without a 401(k) (Rick, Seattle, WA)

- My husband got laid off and is having trouble finding work (Lori, California)

- My car needs expensive repairs. Should I buy a new one (Billie)

Resources/links:


FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

The Crazy Costs Of Not Understanding

Feb 12, 2019 39:45

Description:

- If you're not reading the fine print, you're going to miss the finer things in life.

- Travel tip - get alerted when fares go on sale

- Nurse gets a free car from a stranger

Listener questions:

- Should I deposit into my 401(k) a lump sum or monthly (Jason)

- Are penny stocks a good way to help my community (Laura, Kentucky)

- Have you tried dollar cost averaging and have proven viability (Idiot on Youtube)

- How can I pay down my medical bills (Melissa)

- Resources at the public library (Batman, NYC)

- Should I participate in my company's discount stock purchase plan (Ernie)

Resources/links:

https://scottscheapflights.com

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

Payday Loans Will Leave You Broke

Feb 8, 2019 39:45

Description:

- Payday loans offer quick, easy money but leave people buried in debt. What you can do to help.

- The benefits of downsizing a house.

- Should you sign up for a travel MLM?

- What can Coldplay teach us about building wealth?

Listener questions:

- Is Betterment or Vanguard better for investing (Gandolf)

- I owe $22,000 in debt, have six kids and can't get hired anywhere (Kayla, Canada)

- Going to trade school but want to learn about scholarship programs (Steven, Illinois)

- How do you start a business if you don’t have any capital (Adesiyan)

- How should my wife and I arrange our finances (Steve)

- What are the tax advantages of a 529 plan (Aubrey, Philadelphia, PA)

- Thoughts on Fidelity GO (Jay, California)

Resources/links:

https://mlm-thetruth.com/

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

SHOCKING Yearbook Photos!

Feb 7, 2019 39:45

Description:

- The story of a woman who was facing foreclosure, but changed her story about money and changed her life.

- Amazon refund hack

- Another financial guru falls to earth, providing a lesson for us all on how not to invest.

- In the band - Steve is a multimillionaire

Listener questions:

- Should we pay off our mortgage faster or invest to retire early at 55 (Mulberry, Puerto Rico)

- Can you repay a 401(k) loan in a lump sum (Laura, Baltimore)

- What are your thoughts on indexed universal life insurance (Life Enthusiast)

- My parents can't afford to send me to college (Moca, Egypt)

- I'm job hopping but not getting anywhere (Sammy)

Resources/links:

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

What Does It Take to be The Next MILLIONAIRE Next Door?

Feb 5, 2019 39:45

Description:

- What do studies on millionaires show that it takes to build real wealth, and can anybody do it (Hint: yes you can).

- Small business ideas for side hustles.

Listener questions:

- I'm 63, should I start collecting social security now (Troy, Boston, MA)

- How do I build a credit score (Walt)

- My family is in danger of divorce (Sati)

- How to stay focused on big debts that will take a long time to pay off (Trey)

- Should I invest in the international stock market (Matt, Palestine)

- Several of the business I've started have failed (James)

Resources/links:

https://www.amazon.com/gp/product/0615457533/ref=dbs_a_def_rwt_hsch_vapi_taft_p1_i0

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

The Fastest Way To Pay Down Debt And Build Wealth

Feb 1, 2019 39:45

Description:

- Make this the day you focus on the small wins, and you'll get big results.

- How often are experts right with their bold predictions?

- Are you dating a cheapskate?

- Travel hack to save on flights.

- In the band - Rob is debt free and a millionaire.

- Valentines day plans? Here's an alternative.

Listener questions:

- What are your thoughts on M1 Finance (The King, Oostburg, WI)

- I have no source of income for my family (Jeremy)

- Suggestion on how to build wealth and increase your lifestyle over time (3of11)

- Thanks for sharing your wisdom (Sarah)

- Save money on expensive car repairs (Rob, Richmond, VA)

Resources/links:

https://hbr.org/2016/12/research-the-best-strategy-for-paying-off-credit-card-debt

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

Why Are So Many People Stuck In The Rat Race?

Jan 31, 2019 39:45

Description:

- You can’t choose your family, but you can choose your friends, where you live, and how you live, and therefore, how much wealth you’ll build.

- Red Alert Warning - your social media accounts are about to be used to determine your insurance rates.

- How one person's consistency landing him a gig with Garth Brooks.

Listener questions:

- Bad with saving but need $15,000 for a wedding (Sherene)

- I'm making financial moves because of a lack of patience (Josh)

- I'm never sure where my money goes (Jill)

- Just got kicked out of my house and trying to save up for a down payment (Joey)

- I have a $150,000 inheritance and want to know if a variable indexed annuity is a good idea (Richard, Salt Lake City, UT)

Resources/links:

https://www.forbes.com/2010/08/10/truth-about-equity-indexed-annuities-personal-finance-bogleheads-view-lindauer.html#4f4b83c71257

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

How To Save More With a Good Credit Score

Jan 29, 2019 39:45

Description:

- What do you know about the true impact of credit scores on how much you pay for loans? The best credit scores get the best rates and can save you thousands over your lifetime.

- Are you preparing for the recession?

- No, you can't deduct interest from a home equity loans on your taxes for non-home related costs.

Listener questions:

- Help me get out of my money moron state of mind (Kevin)

- Using VA benefits to pay for nursing care (Angie)

- Should I quit school to work two jobs (Elie)

- Where are good places to travel that are ski friendly for kids (Brad)

- Is an advisor necessary to help plan for college expenses (Donna, Wisconsin)

- How to deal with so little money going towards debts (Holly)

- Are annuities really that bad (Roberto)

Resources/links:

https://www.savingforcollege.com/

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

The Quickest and Easiest Way To Make $1 Million In The Stock Market

Jan 25, 2019 39:45

Description:

- Miss this not-so-secret, and you’ll struggle more and likely never build wealth. Master it and have financial independence and leave a legacy.

- What are the boring habits of successful people?

- Must save documents.

- Are you preparing for the recession?

- Inspiring story of Kevin Curry and how he went from food stamps to a successful author.

Listener questions:

- Help me get out of my money moron state of mind (Kevin)

- Wasting money and not being wise about saving, spending irresponsibly (T, Chicago, IL)

- I'm not lucky because I bought flood insurance (Jason, North Carolina)

- Where are good places to travel that are ski friendly for kids (Bee)

- My husband decides to spend whatever he wants (Morgan)

- What should we consider if we move to another state (Victoria, New Jersey)

- Disability insurance is so expensive, is it really necessary (Sam, Ohio)

Resources/links:

https://scottalanturner.com/tools/investing-calculator/

Get notified when we go live: https://goo.gl/YC1Nz2

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

How To Not Lose Money Investing

Jan 24, 2019 39:45

Description:

- Scott rants on people using candy crush investing apps which will cause them to lose money when the market tanks. Follow an investing plan that works in good time and bad.

- Red alert warning - cheap cars cost a lot!

- Almost 70% of millennials regret buying their home.

Listener questions:

- How do you give without feeling resentful for giving (Tiffany, Facebook)

- How to live on a passive income (Jackie, Florida)

- I can't save because of where I live and travel (Simona)

- Can't keep by business income consistent (Juice)

- I'm not able to make ends meet because I left my job (Michaela)

- What are these new choices at Betterment (Gandolf)

Resources/links:

Get notified when we go live: https://goo.gl/YC1Nz2

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

How Student Loans Work

Jan 22, 2019 39:45

Description:

- Listen to a must-know analogy of how to explain how loans and interest work so that anyone can understand the benefits and pitfalls.

- Should kids take a gap year before college?

- Give the gift of chicken - gfa.org/give

Listener questions:

- Had to evict my roommate because I needed the money (Rudy)

- How does a Roth 401(k) work when the funds are withdrawn (Kevin, West Virginia)

- How do I stay away from my savings account (Joseph)

- Should we max out our HSA (General Kenobi, Birmingham Alabama)

- Beware the double taxation of C-Corps (Roger, Murrieta, CA)

- I stopped going to college because of financial problems (Marinel)

- My husband left me and my daughter, what should I do next (Jody, Pennsylvania)

Resources/links:

https://collegescorecard.ed.gov/

Get notified when we go live: https://goo.gl/YC1Nz2

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

The Millionaire Money Pyramid for Wealth and Retirement

Jan 18, 2019 39:45

Description:

- What will it take to retire? Use the retirement money pyramid to figure out the dream retirement you can build.

- We bid farewell to Jack Bogle, the original defender of your dollars.

- Never let fear get in the way (Kim)

Listener questions:

- My old employer is telling me I have to move my 401(k) (Angel, Austin, TX)

- Is it really that bad to put down less than 20% on a house (Mack, Nebraska)

- How to adjust tax withholding (Adrian in Pittsburgh, PA)

- My job sucks, I have a long commute, and a big plate of debt (Matthew)

- Another car expense some people forget about when shopping (Marta)

- Advice for budgeting and sticking to it (Aaron, Edmond, OK)

- How to pick investments in a TSP (Esther, San Diego, CA)

Resources/links:

https://nb.fidelity.com/public/nb/401k/tools/calculators/contributioncalculator

https://www.irs.gov/individuals/irs-withholding-calculator

Get notified when we go live: https://goo.gl/YC1Nz2

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

How To Find Fulfillment When Saving Money

Jan 17, 2019 39:45

Description:

- What do you think of when you hear the word legacy? One of the other big benefits of savings, is the legacy you will leave.

- Travel hack - holding tickets to get the best price

- How to improve your financial IQ

- What you should do if you hate your job and can't change it

- Should you follow your passions rather than a career (Erynn)

- Red Alert Warning - jewelry shopping for less

Listener questions:

- Did you ever contemplate bankruptcy (Barbi)

- What do you know about the fourth credit reporting agency (Angie, Dover, PA)

- I want financial freedom this year (Danielle)

- Buying used vs. buying a new car (Tom)

- Using ROBS (a 401k business rollover) to start a business (Mr. Bojangles)

Resources/links:

Get notified when we go live: https://goo.gl/YC1Nz2

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

Secrets of True Wealth

Jan 15, 2019 39:45

Description:

- Gravity is a tough concept to grasp. So are some of the things you can do right now to start building wealth.

- Scott rants on picky eaters

- Listeners respond to what they will accomplish in the next 100 days.

- Katie gets banned from Walmart.

- Listener tip to make yourself stand out when looking for a new job (Jeff)

- IN THE BAND - Justin pays off his house

Listener questions:

- How to stay motivated during the market volatility (Lara)

- How often does the stock market pay (Jay)

- What to do while working towards financial independence (Kylee)

- Have you considered home schooling (Kelly)

- How to settle a debt in collections (Anon, Philadelphia)

Resources/links:

Get notified when we go live: https://goo.gl/YC1Nz2

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

This Is Not The Best Advice Ever. It's Just a Tribute.

Jan 11, 2019 39:45

Description:

- Can you guess the greatest thing you can do with your money that wil bring you ultimate happiness?

- Red Alert Warning: Easy money isn't so easy.

- Scott rants: Quit judging people and just hire them.

- Samantha is a high-school senior and shares what she has learned about money.

Listener questions:

- Difference between a Roth IRA and a Roth 401K (Chantelle)

- Should a new lawnmower come out of the home maintenance category or a sinking fund Morris, Kennesaw, GA)

- Where is the best place for me to get my credit report (Anita, Portland, OR)

- Have you looked into companies like roofstock.com or homeunion.com (Chia)

- Did you ever contemplate bankruptcy? I'm 52, divorced, and in debt (Barbi)

- I have an international fund in my 401(k) with a low ten-year return, should I skip it (Mike)

Resources/links:

Get notified when we go live: https://goo.gl/YC1Nz2

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

How To Have MORE Fun With Money

Jan 10, 2019 39:45

Description:

- One of the benefits of saving is spending. Most people do not realize how much money they could have to spend if they changed their habits a little.

- How can you impress someone at a job interview

- How to freeze your child's credit.

- Why people should get on their elder's case to get their estate in order

- IN THE BAND - Marta paid off $20,000 in debt

Listener questions:

- How to manage anxiety while working (Reyanna)

- Do I need a stock broker to invest (Alicia)

- What is the best way to save (Crystal)

- The lessons I've learned from having a spending plan (Tom)

- Is Stash a good app for beginners (William, Twitter)

Resources/links:

How to freeze your child's credit: https://www.nytimes.com/2018/12/28/your-money/credit-freeze-children.html

Get notified when we go live: https://goo.gl/YC1Nz2

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

NO MORE BUDGETS!

Jan 8, 2019 39:45

Description:

- Give yourself permission to spend, which comes from saving up, not swiping down

- The 70 year old world record holder who has one simple tip for success.

- Katie has a money saving tip for lady things.

- IN THE BAND - Bob and his wife pay off $60,000 in debt!

Listener questions:

- Should you invest in a bunch of stocks or a bunches and bunches of stocks (Eric)

- How to budget for yearly gym memberships (Bob)

- Where to put money from an old employer 401(k) (Mike, Arizona)

- How to invest wisely before retirement (Bud)

- How to overcome money stress (Deborah)

- How should 23-year olds plan for financial independence and traveling (Alexandra)

Resources/links:

Get notified when we go live: https://goo.gl/YC1Nz2

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

Diet Advice That Makes You More Money

Jan 4, 2019 39:45

Description:

- There is simple and easy diet advice you can put into your day, that not only makes you feel better but achieve more.

- Save $1,600 a year with this trick

- How small business owners can stand out from the competition

Listener questions:

- I don't know enough about money and finances (Andrew)

- We got burned on real estate, how do we get started investing (Jennifer)

- I'm getting divorced and trying to dig out of debt (Bob)

- Good thing for emergency funds! (Marta)

- I'm tired of get rich quick investments (The Sword)

Resources/links:

Get notified when we go live: https://goo.gl/YC1Nz2

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

How You Will Win With Money This Year

Jan 3, 2019 39:45

Description:

- It could get messy, and that’s ok. Keep your foot on the gas, and you’ll get to your destination this year and win with money.

- Two reminders you need to know for starting the year.

- The first thing you should do when your car stops running.

Listener questions:

- Where to put money when saving up for a downpayment in the next 2-3 years (Jimmy)

- I overspend to keep from disappointing my children (Cyndi)

- Inefficient house is costing me money (Matt)

- I have less money at my brokerage than my deposits (Ally)

- How to budget for myself (Crystal)

- Does getting rich in stocks really work (Judy)

Resources/links:

Get notified when we go live: https://goo.gl/YC1Nz2

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

11 Habits of Millionaires

Jan 2, 2019 12:44

Description:

You can't build wealth until you know how to build wealth. Most millionaires have the same habits. Habits that work. As you listen to these habits, you can discover how they can become your habits. These habits are simple, actionable things you can do that have been proven to develop wealth. A MUST LISTEN episode for supercharging your journey to financial freedom.

Join my newsletter at https://scottalanturner.com

Audiobook Part 6. 99 Minute Millionaire: Summary Guide

Jan 1, 2019 03:43

Description:

This is a special edition of the unabridged audiobook for Scott Alan Turner’s 99 Minute Millionaire: The Simplest and Easiest Book Ever on Getting Started Investing and Becoming Rock Star Rich    Everything you need to know about getting started investing so you can free yourself from worry, stress, and have financial freedom.   This is Part 6, which includes the summary, and some special bonuses.   Subscribe to the podcast now, to free yourself from worry, stress, and debt as Scott teaches you how to save more and earn more money so you can have financial freedom, become a millionaire, and live a rich life.   Join Scott’s weekly newsletter for tips on earning more, saving more, and achieving financial freedom here: https://ScottAlanTurner.com

Audiobook Part 5. 99 Minute Millionaire: How to Beat Wall Street

Jan 1, 2019 01:05:59

Description:

This is a special edition of the unabridged audiobook for Scott Alan Turner’s 99 Minute Millionaire: The Simplest and Easiest Book Ever on Getting Started Investing and Becoming Rock Star Rich    Everything you need to know about getting started investing so you can free yourself from worry, stress, and have financial freedom.     This is Part 5 How to Beat Wall Street: A recipe for success   Subscribe to the podcast now, to free yourself from worry, stress, and debt as Scott teaches you how to save more and earn more money so you can have financial freedom, become a millionaire, and live a rich life.   Join Scott’s weekly newsletter for tips on earning more, saving more, and achieving financial freedom here: https://ScottAlanTurner.com

Audiobook Part 4. 99 Minute Millionaire: Managing Your Money Like a Pro

Jan 1, 2019 17:45

Description:

This is a special edition of the unabridged audiobook for Scott Alan Turner’s 99 Minute Millionaire: The Simplest and Easiest Book Ever on Getting Started Investing and Becoming Rock Star Rich    Everything you need to know about getting started investing so you can free yourself from worry, stress, and have financial freedom.   This is Part 4 Managing Your Money Like a Pro: Fad diets that leave your wallet weighing less   Subscribe to the podcast now, to free yourself from worry, stress, and debt as Scott teaches you how to save more and earn more money so you can have financial freedom, become a millionaire, and live a rich life.   Join Scott’s weekly newsletter for tips on earning more, saving more, and achieving financial freedom here: https://ScottAlanTurner.com

Audiobook Part 3. 99 Minute Millionaire: Becoming a Successful Investor

Jan 1, 2019 01:04:26

Description:

This is a special edition of the unabridged audiobook for Scott Alan Turner’s 99 Minute Millionaire: The Simplest and Easiest Book Ever on Getting Started Investing and Becoming Rock Star Rich    Everything you need to know about getting started investing so you can free yourself from worry, stress, and have financial freedom.   This is Part 3 Becoming a Successful Investor: Selecting the freshest, highest-quality ingredients at the lowest cost   Subscribe to the podcast now, to free yourself from worry, stress, and debt as Scott teaches you how to save more and earn more money so you can have financial freedom, become a millionaire, and live a rich life.   Join Scott’s weekly newsletter for tips on earning more, saving more, and achieving financial freedom here: https://ScottAlanTurner.com

Audiobook Part 2. 99 Minute Millionaire: Foundations of Investing

Jan 1, 2019 40:53

Description:

This is a special edition of the unabridged audiobook for Scott Alan Turner’s 99 Minute Millionaire: The Simplest and Easiest Book Ever on Getting Started Investing and Becoming Rock Star Rich    Everything you need to know about getting started investing so you can free yourself from worry, stress, and have financial freedom.   This is Part 2 Foundations of Investing: Basic cooking skills     Subscribe to the podcast now, to free yourself from worry, stress, and debt as Scott teaches you how to save more and earn more money so you can have financial freedom, become a millionaire, and live a rich life.   Join Scott’s weekly newsletter for tips on earning more, saving more, and achieving financial freedom here: https://ScottAlanTurner.com

Audiobook Part 1. 99 Minute Millionaire: Having More Money

Jan 1, 2019 36:57

Description:

This is a special edition of the unabridged audiobook for Scott Alan Turner’s 99 Minute Millionaire: The Simplest and Easiest Book Ever on Getting Started Investing and Becoming Rock Star Rich    Everything you need to know about getting started investing so you can free yourself from worry, stress, and have financial freedom.   This is Part 1 Having More Money: Would you rather live on steak and lobster, or peanut butter and jelly?   Subscribe to the podcast now, to free yourself from worry, stress, and debt as Scott teaches you how to save more and earn more money so you can have financial freedom, become a millionaire, and live a rich life.   Join Scott’s weekly newsletter for tips on earning more, saving more, and achieving financial freedom here: https://ScottAlanTurner.com

Audiobook: Introduction 99 Minute Millionaire

Jan 1, 2019 20:49

Description:

This is a special edition of the unabridged audiobook for Scott Alan Turner’s 99 Minute Millionaire: The Simplest and Easiest Book Ever on Getting Started Investing and Becoming Rock Star Rich    Everything you need to know about getting started investing so you can free yourself from worry, stress, and have financial freedom.   This is the Introduction.     Subscribe to the podcast now, to free yourself from worry, stress, and debt as Scott teaches you how to save more and earn more money so you can have financial freedom, become a millionaire, and live a rich life.   Join Scott’s weekly newsletter for tips on earning more, saving more, and achieving financial freedom here: https://ScottAlanTurner.com

Audiobook: Welcome to 99 Minute Millionaire by Scott Alan Turner

Jan 1, 2019 04:16

Description:

This is a special edition of the unabridged audiobook for Scott Alan Turner’s 99 Minute Millionaire: The Simplest and Easiest Book Ever on Getting Started Investing and Becoming Rock Star Rich    Everything you need to know about getting started investing so you can free yourself from worry, stress, and have financial freedom.   Subscribe to the podcast now, to free yourself from worry, stress, and debt as Scott teaches you how to save more and earn more money so you can have financial freedom, become a millionaire, and live a rich life.   Join Scott’s weekly newsletter for tips on earning more, saving more, and achieving financial freedom here: https://ScottAlanTurner.com

Top 3 Money & Life Lessons Learned This Year

Dec 20, 2018 39:45

Description:

- When you think about 2018, do you have some things that didn’t go as planned, are you doing the happy dance? Scott share's his lessons from the year.

- More bad 401(k) nonsense, this time from a professor.

- Beware of the evil empire, they are coming for your money.

Listener questions:

- Should you go back to school if you have debt (Erika)

- My 60-year old parents have $200,000 of debt How can I help them (Ken)

- Our bank will not help us with the loan we're having trouble paying (Lena, MS)

- How to talk to a family member about money this Christmas (Joseph, Nashville, TN)

- How do you turn a paper budget into a real budget (Rebecca, Toronto, Canada)

Resources/links:

Get notified when we go live: https://goo.gl/YC1Nz2

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

Does Your Plan Work In Good Times And Bad?

Dec 18, 2018 39:45

Description:

- People need to ask themselves if they are overconfident. Would their plan get them through 2008? Would your parents survive another 2008?

- Ask these questions for last minute Christmas gifts to buy the perfect gift.

- Feel happier by spending money to save time.

- Your utility payments and cell phone payments will start being used on your credit score.

- Obsessively looking at your investments? Do this instead.

- How to prepare for upcoming holiday travel.

- What was your first step towards financial independence?

Listener questions:

- Got AT&T to fix my problem by following your advice (Trey)

- We need to work on our budget (Jamie)

- Are 401(k)s a losers' game because of all the taxes (Daniel)

- When should you stop repairing a car and take out a loan on a new one (Colleen, OK)

- Using the 'float' for better budgeting (Kristin, MA)

Resources/links:

Get notified when we go live: https://goo.gl/YC1Nz2

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

From Living Paycheck-to-Paycheck To Getting Rich

Dec 14, 2018 39:45

Description:

- 53 year old Jen Sincero went from making $28,000 a year, broke, with zero savings eight years ago to being a multi millionaire today.

- In The Band - The Browns are 26-years old and debt free!

- Red Alert Warning - Craigslist scams

- Scott rants on fake math and how one of his bold predictions came true.

Listener questions:

- I'm 14 and want to know how I can help my mom out (Sam)

- Can I withdraw from my 401(k) penalty free if I'm 55 and disabled (Carolyn)

- How can I help out my parents while I'm in school and have no transportation (Jaush, SoCal)

- Does it make sense to declare bankruptcy (James T. Kirk)

- Behind on rent and my hours have been cut (Michael)

Resources/links:

Get notified when we go live: https://goo.gl/YC1Nz2

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

Avoid These Money Myths

Dec 13, 2018 39:45

Description:

- Paying attention to your money is the key to winning with money. If you’re making these mistakes your ruining your ability to win.

- Did you know where you live impacts how much risk you're willing to take?

- John (Canada) has paid off $35,000 in debt!

Listener questions:

- How to get started investing (Samantha, Singapore)

- Behind on payments and wondering which order to pay them off (J)

- Worried about running out of money this summer when my teaching contract ends (Kelly, Texas)

- I want to start a new life that is debt free (Mary)

- How can I get started writing about food (Lanz)

- Using a REIT for passive income (Gandolf)

Resources/links:

Should you pay off a credit card debt in part or full - https://www.creditcards.com/credit-card-news/should-you-settle-or-pay-in-full-delinquent-card-debt-1377.php

Get notified when we go live: https://goo.gl/YC1Nz2

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

Are You Missing Out On Found Money? MILLENNIALS

Dec 11, 2018 39:45

Description:

- Without even knowing it, people are throwing away tens, sometimes hundreds of thousands of dollars in found money

- 22 year old with Down’s Syndrome builds $1M sock empire

Listener questions:

- Got a refund for $150 by following Scott's advice (Chris)

- I am 47, $120,000 in debt, no retirement (Tina)

- Ready to break the pattern having everything going to bills (Gigrace, Sweden)

- How can my incarcerated brother increase his credit score (Rick, TX)

- My wife and I want to live in Europe but she has medical issues (Jean Luc Picard, Utah)

- My husband and I are constantly arguing about finances (Mercedes)

- How can I improve my credit score (Ashleigh)

- Is this graph I received about a market crash coming right (Rebecca)

Resources/links:

Get notified when we go live: https://goo.gl/YC1Nz2

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

Dream It. Describe It. Do It.

Dec 7, 2018 39:45

Description:

- Are you thinking about your money in the right way for the right reasons?

- This service helps you maximize the interest on your savings account, and keep your balances below FDIC insurance limits.

- Increase your worth by 50%

- What should you do during this market madness?

- Money saving tips for college students

- Supporting troops with Operation Turbo

Listener questions:

- How can I manage my money while going to school and paying a mortgage (Rebecca)

- My mom just got laid off and can't work, how can I help my parents (Jaush)

- Is YNAB or EveryDollar better for budgeting (Harriet)

- How much should I start saving if I have an inconsistent paycheck (Destinee)

- How can I start with the cash envelope system (Rachel)

Resources/links:

MaxMyInterest - https://www.maxmyinterest.com/

Get notified when we go live: https://goo.gl/YC1Nz2

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

How To Set Goals

Dec 6, 2018 39:45

Description:

- Too many people fail at making their dreams become reality, because they haven’t created the necessary plan to make the dream come true.

- Money saving tips for college students.

- Why using credit cards for an emergency is a lousy idea.

- Apple offers 10% discount to military and veterans.

- A new option way to pay for emergencies.

- Supporting troops with Operation Turbo

Listener questions:

- Isn’t the average gain in the market around 12% (CB)

- How do student loans affect your credit score (Taylor)

- Is a Roth IRA or taxable account better for my 58-year-old mom (Rebecca, Indianapolis, IN)

- Problem with debt to income (Tiffany)

- Why not wait until the market is down before buying (Carol)

- Can I lower the interest rates on my credit cards (Alyssa, Pennsylvania)

Resources/links:

SafetyNet - https://safetynet.com/product-basics

Get notified when we go live: https://goo.gl/YC1Nz2

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

Make A Plan To Pay Down Your Mortgage Faster

Dec 4, 2018 39:45

Description:

- What are the unknown returns and risks of paying off your house?

- Are most eyes on the economy or on the Kardashians? Scott explains how they should be on the Kardashians.

- Where to find helpful services when someone is in need.

Listener questions:

- I'm 18 and want to build my skills (Jacob)

- Should I focus on my 401(k) or other investments (Brady)

- What should I do while I wait for the license for my degree to be approved (Eren, South Africa)

- How much should a fee only planner cost (John, Colorado)

- Are Fidelity's advisor services good for the cost (Rocio)

- How can I set goals and have the discipline to execute them (Vinod)

Resources/links:

Get notified when we go live: https://goo.gl/YC1Nz2

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

How To Find The Courage To Live Your Life

Nov 30, 2018 39:45

Description:

- Change is hard. Overcoming peer pressure to stay the same is harder. Think about these tips to live your best life.

- Red alert warning - Protect your holiday deliveries from porch pirates.

- When should you rebalance your portfolio?

- Save money on prescription drugs.

Listener questions:

- My 77-year-old father refuses to move out of his house (KC)

- Can I use my brother's 529 savings plan? (Ning)

- Do I need disability insurance if my employer has workman's comp (Barry, San Francisco, CA)

- Differences between growth, balanced, and value funds (Jocelyn, Ontario, Canada)

- What is the right amount of life insurance if we have a single income and three kids (Molly, Walpole, MA)

- Is the rental home I owned before marriage my property if I get a divorce (Martin, Bethesda, MD))

- What should we do with the money once our car is paid off (Patrick, McLean, VA)

Resources/links:

Drug assistance programs - http://NeedyMeds.org

Manufacturer coupons for thousands of drugs - https://www.goodrx.com/

Get notified when we go live: https://goo.gl/YC1Nz2

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

How To Reduce Money Stress In Relationships

Nov 29, 2018 39:45

Description:

- A listener shares his story about how he was no angel, but now he is on the same plan with his wife to improve their lives together.

- Money saving tips for getting freebies for good driving practices.

- Dr. Quinn shares some pet tips for the holidays to keep Fido + Fluffy healthy!

- The arguments for student loans.

- Year end money moves to save on taxes.

Listener questions:

- I can't seem to keep a job down after getting out of prison (Paul, Glasgow, Scotland)

- Is Fundrise a good option for real estate diversification (Jennifer, California)

- Advice to start with a low salary if you want to get a job in a foreign country (Chi)

- Are savings account covered by FDIC insurance if the balance goes above/below the limits (Brian)

Resources/links:

Get notified when we go live: https://goo.gl/YC1Nz2

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

Do You Have A Money Problem And Don't Know It?

Nov 27, 2018 39:45

Description:

- We're not born with a PHD in Money. Is there some advice you may have ignored up until now, that you might need to revisit? Or maybe you don't even know what you don't know (like all of us at one point).

- If you're shopping for car insurance, better shop again. Find out why.

- Cheap alternative to replace broken phone screens

- I feel an adrenaline rush when I find the perfect pair of jeans for ten dollars at Goodwill (Rachel)

- More proof credit cards provide better protection than debit cards.

Listener questions:

- I feel like my debt is to big to overcome (David)

- How much money should my husband and I try to save for the first year of a child’s life (Nancy)

- Do we need title locks for our home (Willow)

- Aren't traditional 401(k)s better for older workers (Dan)

- Where can I find more information on the tax benefits of a home business (Willow)

Resources/links:

Small Business Finance For the Busy Entrepreneur - https://www.amazon.com/gp/product/0998051802

Should you work outside the home calculator: https://www.regions.com/Insights/Personal/Budget-Calculators/should-i-work-outside-the-home

Get notified when we go live: https://goo.gl/YC1Nz2

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

How To Start Over From Nothing

Nov 16, 2018 39:45

Description:

Listener questions:

- I have 3 friends who recently lost their homes and everything from the California wildfires. Many of them managed to get out with only a few days clothes and nothing else. (Jennifer)

- Can I roll over multiple HSAs (Andrew)

- I struggle to maintain what I put into my savings (Bella).

- What should I do during my gap year (Noah).

- I'm 72 and how can I not burden my daughter with debt (Tish, North Carolina)

- How often should I check my credit score (Madison)

- I can't seem to make my family budget work (Jake)

- How soon can we buy a home after a bankruptcy (Tara)

- How do I start saving for a wedding (Jennifer)

Resources/links:

After the fire - https://www.usfa.fema.gov/downloads/pdf/publications/fa_46.pdf

HSA to maximize retirement savings - https://scottalanturner.com/health-insurance-savings-2017-hsas-saving-money/

Get notified when we go live: https://goo.gl/YC1Nz2

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

Most People Are In The Dark About Their Situation

Nov 15, 2018 39:45

Description:

- One of the biggest problems people have is not even knowing they have a problem.

- Since most people won't be itemizing their tax returns this year due to the new tax laws, check out Credit Karma tax. It's FREE

- Discounted gift cards - GiftCardGranny.com

- Red Alert Warning - a new home buyer scam is costing people millions!

Listener questions:

- How can I find my 401(k)s that have been sitting in different accounts for years (Tina)

- Is it best to schedule my re-occurring investment for once a week, once a month, or once a year (Captain Jack)

- If you get a windfall where is the safest place to put the money (Torres)

- I'm tired of missing my kids activities because of my job (Tiffany)

- I want to be able to work and make enough money to do fun things (Kalei)

Resources/links:

https://www.askebsa.dol.gov/AbandonedPlanSearch/

https://www.unclaimedretirementbenefits.com/

FREE How to Save $1,000 This Week: https://goo.gl/AUdUCu

FREE Audio Book of 99 Minute Millionaire - https://goo.gl/tu8bZM

How to Save $10,000 for Your Emergency Fund In One Year

Nov 13, 2018 39:45

Description:

- Imagine having $10,000 saved for an emergency! Here are some tips you can do to make it happen in just one year, or save big on your existing expenses.

- We looked like we were crazy, but we saved up enough money to put a 20% down payment on a house.

Listener questions:

- What do you recommend for my 18 year old daughter to start Roth or investment fund (Clay)

-I need to have multiple revenue stream now as margins decrease (Deb)

- How do you get government grants (Cindy)

- Help me raise $60,000 within the next two years for a Tesla Model 3 (Bob)

- How do I figure out taxes for a 1099 side job (Sarah)

- What are healthcare options if you don’t have it through an employer and have to purchase it on your own (Kelly)

Resources/links:

 

How To Cure Your Money Headaches

Nov 9, 2018 39:45

Description:

- Here are some money truths you can use right now to make your money headaches go away no matter your stage or your age.

- What do employers look for when checking your credit report?

- Success story from Gandalf about going from bankruptcy to $36,000 in savings in just two years.

Listener questions:

- We are underwater on a truck and paying $400 a month for it but can't sell it. What should we do (Jessica).

- What are the benefits of setting up an LLC (Cindy)

- I am in high school and i want to go study abroad but it's expensive (Narcy)

- I don't have a good grip on my finances and hate my job (Jake, Minnesota)

- Can you rollback a Roth IRA conversion (John, Firestone, CO)

Resources/links:

 

The Powerful Belief That You Can Improve Your Money

Nov 8, 2018 39:45

Description:

- Managing your money is mostly about behavior, not what you know. Believe you can do something and if you haven’t done it, it’s because you haven’t done it yet.

- Petra got her credit score up over 100 points in the past year. Hear how she did it.

Listener questions:

- I'm in no mood to work after a failed business (Rakesh)

- Lost money to binary options (Sunday)

- Is debt consolidation a good idea (Marjorie)

- My increased salary isn't showing up in my paycheck (Susan)

- I'm on disability and looking to make income as a tutor (Mark)

- I think I've ruined my credit by missing some payments (Jessica, Brandon FL)

Resources/links:

Debt Manager App - https://itunes.apple.com/us/app/debt-manager/id482482660?mt=8

Takl app - https://takl.com/

7 Tips For a Stress Free Christmas

Nov 6, 2018 39:45

Description:

- Stress free tips for the upcoming Holidays. You won't want to miss these to make this the best Christmas ever!

- Why impressing everyone isn't as important as advertisers think.

- Reader and listener feedback from the most recent newsletter.

- Are you learning something new that will fulfill you?

Listener questions:

- I need to move soon and feel forced into buying a house because I have two cats and two dogs and nobody will rent to me (B).

- How to setup a bank account for freelance work (Rory)

- Making extra money and balancing a young family (Michelle)

- How to live like a financial rock star (Tara)

 

Patience + Consistency + Grit = Success

Nov 2, 2018 39:45

Description:

- Scott recalls the time he wasn't good enough or had enough money to go to grad school, and how it was an opportunity, not a defeat.

- Sales of annuities are increasing. What you need to watch out for.

- Charges to not put on your credit card

- One person's plan to retire in ten years.

Listener questions:

- How to overcome impulse purchases (Chara)

- Starting a life coaching business (Esther)

- Is it time to build or to save if we're $90,000 in debt (Traci)

- How can I help my husband while I'm in school (M)

Resources/links:

 

How Do I Change My Spouse's Mind About Insurance?

Nov 1, 2018 39:45

Description:

- Jessica's husband likes his whole insurance policy but she believes it's a waste of money. Scott proves the arguments against permanent insurance.

- What cars are most reliable.

Listener questions:

- How do I not pass my horrible money habits on to my kids (Kathy)

- How to resolve a $5,000 debt with a collection agency (Christina)

- I'm drowning in a pool of debt and mess (Rene)

- What types of coverage is necessary for car insurance (Christina)

- What's the best path to teaching others about finance (Jeremy, TN)

Resources/links:

Term vs. Whole Life calculator - https://www.insuranceblogbychris.com/term-vs-whole-life-insurance-comparison-calculator/

Why Making More Money Won't Make Your Problems Go Away

Oct 30, 2018 39:45

Description:

- If you're waiting for your perfect life are you missing out on all the good things going on right now?

- A warning about the public student loan forgiveness (PSLF) program

- Is a market crash coming?

- Check out the documentary on Richard Turner, who is renowned as one of the world's greatest card magicians, yet he is completely blind.

Listener questions:

- Is Swap-a-Lease a good idea for getting a car temporarily (Tim)

- Can you claim a tax deduction for mileage for education (Kirk)

- What happens to Health Savings Accounts (HSAs) when a person dies (Wil, Sarasota, FL)

- Where should money be invested after a 401(k) and Roth IRA (Matt)

- Starting a taxi business (Victor)

Resources/links:

http://www.dealtmovie.com/

https://www.irs.gov/pub/irs-pdf/p970.pdf

How To Control Your Money (So Life Doesn’t Control You)

Oct 26, 2018 39:45

Description:

- How to find more willpower to control your money.

- How to instantly increase your business revenue

- Where the part-time jobs are this season.

Listener questions:

- How much money should you spend on your business (Justin)

- What is the difference between an emergency fund and a float fund (Captain Kirk)

- Where do I get educated on investing (Zach)

- How can I supplement my income to pay off debts faster (John)

- We're about to lose our home to foreclosure and don't know where to go for help (Carrie)

- What is the difference between a security freeze and a credit freeze (Kristin)

Resources/links:

 

How To Retire Really, Really Early

Oct 25, 2018 39:45

Description:

- Financial independence can come at any age, and at any income level.

- The story of a generous customer who leaves a $10,000 tip.

- Mo shares advice on how to reward good customer service.

Listener questions:

- How do I save money each month for an emergency fund (Vonda)

- Can money from a 403(b) be withdrawn to pay for a house downpayment without tax and penalty (Emerson, Monterey, CA)

- How can I live more efficiently and not have a bank account in the red all the time (Whitney)

- How do I save money while earning minimum wage (Jordan)

- Our financial plan is very week and we can barely eat (Alison)

- How much can you withdraw from your retirement funds and have it last (Kevin, Atlanta, GA)

Resources/links:

https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-tax-on-early-distributions

UltraFICO Score - The New Credit Score And What You Need To Know

Oct 23, 2018 39:45

Description:

- The new UltraFICO score may be the answer to over 15 million people who don't have credit scores.

- From barefoot to Bentley's. The story of building a restaurant empire from scratch.

- Red Alert Warning - Avoid this kickstarter scam from Aurora Coffee.

- Should you follow Charlie's advice to build wealth (not no, but heck no).

Listener questions:

- Just moved to another state and can't pay the bills (Shay, FL)

- Where to get started investing (Pablo, SoCal)

- Is dividend investing a good way to earn passive income (Christian)

- Use a HELOC to pay off your mortgage faster (Michael, Richmond, CA)

Resources/links:

https://www.fico.com/ultrafico/

https://www.wikihow.com/Follow-the-Mortgage-Accelerator-Plus-Program

How To Get Results With Customer Service Problems

Oct 19, 2018 39:45

Description:

- Trey is having a problem with AT&T after spending hours with them on the phone. He asks for Scott's tips on getting the problem fixed.

- Michael went from living paycheck-to-paycheck to a net worth of $375k!

- Is audit protection worth the cost?

- How to use credit card points for FREE travel.

- More on HSAs and how to use them to save you money.

Listener questions:

- Paul is using his credit cards too often and is reluctant to cut them up.

- JT's wife is a 1099 contractor and he asks if a SEP IRA is good for her to invest in.

- Omid (California) has some tips for other listeners on switching banks.

- Ron (Facebook) is deciding how much to save for retirement vs. sinking funds and opportunity funds.

- Stan is overwhelmed with credit card debt.

- Chris has an investment property that is losing money and is considering a 1031 exchange.

Resources/links:

https://www.rockrollnsoul.com/

The Best Place To Invest Right Now

Oct 18, 2018 39:45

Description:

- How an emergency fund can save you money over the long run.

- Moving abroad to get out of debt and get ahead

- Is a 401(k) the best place to put my money (No)

Listener questions:

- How to market a food product (Rachel Ray)

- Using Acorns as opportunity fund (Walter)

- Roboadvisors vs. three-fund portfolios (KC)

- Worried about paying back a bank loan because things keep going wrong (Betta)

- I'm tired of being a poor graduate student (Alexis)

- Buying a townhouse while using credit cards to survive (Sean)

Resources/link:

Consumer Reports Extended Warranty Guide: https://www.consumerreports.org/cro/extended-warranties/buying-guide/index.htm

Save Money On Christmas This Year

Oct 16, 2018 39:45

Description:

- What are some tips you can use to save $1,000 on Christmas this year?

- Can you make $3,000 before 9 AM? The perils of day trading.

- What types of scams could you fall for?

- The most valuable lesson learned at an early age (Matt)

Listener questions:

- Is an IRA Rollover or Fidelity Go a better choice (Nala, Maryland)

- Should I rent out my house or sell it (Heather)

- I can't save for retirement right now (Jamie)

- What are the keys to success (Peter)

- How much life insurance should I buy (Roberto)

- Should I switch to another state's 529 plan (John)

How To Pay Less In Taxes Over Your Lifetime

Oct 12, 2018 39:45

Description:

- It's tough to see your hard earned money go towards taxes, but with some planning you can pay less - A LOT LESS.

- Why did the stock market drop?

- Going through a divorce with kids and stressed out about money? A listener has some very valuable advice for you.

- Petra is debt free! Hear her inspiring story.

- What is the point of having money? From Jay Leno.

Listener questions:

- How to budget and make sure the kids have everything they need (Nicollete)

- Should you rent out a house or sell it and downsize (Heather)

- Should you sell a car to pay off debt and start a house down payment fund (Alexandra, Texas)

- Should I consider a reverse mortgage (Phil)

Resources/Links:

Reverse mortgages, Wade Pfau - https://www.amazon.com/Reverse-Mortgages-Secure-Retirement-Researchers/dp/1945640006

10 Financial Warning Signs To Be Aware Of

Oct 11, 2018 39:45

Description:

- Why do many people end up broke? Often it's because they never see the warning signs coming. Breaking the paycheck-to-paycheck cycle and moving along the path to building wealth involves knowing when you're facing a financial cliff and getting help to keep from falling off.

- Where are the jobs in this economy if you aren't earning enough? Katie reports from an economic forecasting seminar she attended recently.

- Does your choice of college for an MBA matter?

- An inspirational story about how adversity has led to resilience. (Daniella, OR)

Listener questions:

- How do you decide between long term and short term investing goals (Rodney)

- I have medical and credit card dent and am not budgeting properly (Kelsey)

- Need an extra $2,000 a month until I start collecting social security (Jan)

- Which books show you how to not gamble with your fun money for investing (Ally)

- How get enough money to travel abroad with a family every year (Diane)

Also mentioned:

- Lessons learned from Mattress Firm closing stores and Sears filing for bankruptcy.

- How having too much money can be hazardous to your health.

- This popular investment with 20 somethings has cratered and Scott says its a good thing.

A Proven Flexible Plan For Your Financial Freedom

Oct 9, 2018 39:45

Description:

- As you soon realize everyone improvises with the plans they follow, guilt, disappointment, and feeling bad about yourself goes away.

- Drew Brees was written off as too short to play in the NFL but just became the player who throw the most yards in NFL history.

- Jobs on Craigslist that pay $75k/year with benefits!

Listener questions:

- Are Roth 401(k)s taxed by an employer? (Manuel, Florida)

- Funding college and retirement while going through a divorce and making $11/hour (Julie)

- How to start a small business (Irene)

- Saving a lot but is it enough (Patricia)

- The price of living in San Francisco is very high (Heidi)

- How to start investing in a taxable account (Anon)

Also mentioned:

- When you learn better you do better (Brittney, LA)

 

 

 

 

473 3 Ways To Stop Worrying About Money

Oct 5, 2018 39:45

Description:

- Three things you must do to build wealth at any stage and any age.

- Be aware of what others say you can afford and you'll be much better off.

- Scott rants on people that can't find time for priceless information.

- Holly is now debt free!

Listener questions:

- Valene and her husband are in their 50's, make $65,000 a year and want advice on the priorities of paying down a mortgage vs. saving for retirement.

- Anthony switches to a discount broker.

- Rebecca is upside down on a loan for a truck that doesn't run.

- Walter is in college and needs an alternative to the high minimums some index funds cost for investing.

- Valarie has 50-cents to her name and needs money today.

Also mentioned:

- John (San Antonio, TX) is a college student and shares his wisdom on how to live your desired lifestyle.

Resources mentioned on the show:

https://scottalanturner.com/14-ways-make-money-for-rent/

FeedingAmerica.org

211.org

 

 

472 How To Turn a Spender Into a Saver

Oct 4, 2018 39:45

Description:

- The reason why spenders spend and savers save, and how you can go from being a spender to a saver.

- The amazing story of A. and how she paid off her student loans.

- Now is the time to get a deal on a used motorcycle.

- Are you keeping up with the Jones' lunch box? Watch out!

Listener questions:

- Jesse is 30-years-old and in great financial shape, but doesn't know where to put his extra money since he doesn't want a house.

- Janet got scammed out of $76,000 and needs to make the money back for retirement.

- Z asks if millionaires all show off.

- Maxi's car insurance has gone up from a couple wrecks and now she needs help because the payments are too much.

Also mentioned:

- Money saving tips for brides.

- Simple way to protect your medical identity.

Resources mentioned on the show:

211.org

 

 

 

471: Make An Extra $50,000

Oct 2, 2018 39:45

Description:

- One listener increased his income by $55,000 over the past year. Scott shares how people can make a lot more money over their careers by negotiating for a raise.

- Dolores (FL) has some inspiring words for those people making excuses about their situation.

Listener questions:

- Matt (Missouri) wants to save interest by paying off student loans earlier in the month.

- Elvis is looking for guidance on breaking the paycheck-to-paycheck cycle.

- Felix is 35-years-old and taking out 401(k) loans to pay for everyday expenses.

- Dony was denied a home loan and asks for advice.

- Sultan has a lot of student loan debt and wonders if it will ever end.

- Sierra's car was hit by a deer and she lost her only source of income.

Also mentioned:

- A website where you can see what amazing things people have done at every age of life.

- Lora shares her favorite InstaPot recipe.

Resources mentioned on the show:

https://www.museumofconceptualart.com/accomplished/index.html

InstaPot ribs - https://tastesbetterfromscratch.com/instant-pot-ribs/

 

 

470 What Do Your Shoes Say About You?

Sep 28, 2018 39:45

Description:

- Scott rants on the $500 Neiman Marcus shoes that have duct tape on them.

Listener questions:

- Andrew (Fairbanks, AK) asks if he should pay $1,800 for an extended car warranty.

- Steven is making less pay at a new job and wonders if he should cash out his 401(k) to start his own business.

- Laken is a single mom and getting no child support. She needs help with her spending plan.

- Nicole (Louisiana) is paying $800/month in car insurance for the family and is struggling to get all the bills paid on time.

- The Dog is a contractor with access to a 401(k) and asks if she should participate if she will not be 100% vested by the time the contract is up.

- Kreate (YouTube) has a question on robo advisors.

 

 

469 What Happened When She Quit Credit Cards

Sep 28, 2018 39:45

Description:

- Quitting credit cards when you're in debt and have no emergency cash sounds impossible. Here is what you need to be aware of.

- Kel is IN THE BAND! $35,000 in debt paid off and now debt-free.

- The reality of debt in America and how you can be on the good side of being in debt forever.

Listener questions:

- Carey (Boston, MA) has a 12-year-old and asks what happens to a 529 college savings plan if her son doesn't use it.

- Ken (Louisville, KY) has a son living at home because he can't find a job after graduating. He asks how he should help.

- Gunard isn't sure if he needs a savings account or can just use a checking account for everything.

- Mr. Peabody (Anonymous) asks if prepaid funeral expenses are a good idea for his dad to get.

Also mentioned on the show:

- Big misconceptions about investing revealed.

- Fat Bombs. Nuf said.

- Credit cards hacks you may have never heard of.

468: Do This To Get To The Next Level

Sep 26, 2018 39:45

Description:

- A chance encounter leads to some amazing life lessons.

- Lora is debt free (and with a better credit score than Scott)!

- Resources you can use to deal with customer no service.

Listener questions:

- William asks about travel reward cards and if its better to use them to book trips or get credit back after the trip.

- Jessica's husband is in jail and he was the sole income earner. She is in a bind.

- Andrew wants to put more money in a bank account than FDIC insurance covers. Is it a good idea?

- Carlene's roommate moved out, then she needed a new car. She is stuck in the paycheck-to-paycheck cycle.

Also mentioned on the show:

- The story of some elders who have life insurance policies that may not cover them.

- Credit cards hacks you may have never heard of.

SoundCloud: http://soundcloud.com/zdontherapper
FaceBook: https://www.facebook.com/zdontherapper/
Instagram: https://www.instagram.com/zdon_the_rapper/

467 Four Things To Get You To $1M In Your 401(k)

Sep 22, 2018 39:45

Description:

- How many 401(k) millionaires are there? You'd be surprised (Scott will tell you). Find out the four things you can do to become one too.

- Scott rants on a new investing book which takes a quote out of context on the first page of the book!

Listener questions:

- Alexis is trying to share with her husband why a used car can be good for the family, and keep their kids safe.

- Gandolf has a question on an article he read about credit freezes.

- Adam is 44 and asks if he is on track for financial freedom.

- Jo is on a fixed income and wonders how to pay off a mortgage, car, and credit cards.

- Thomas has $100,000 in credit card debt for his business and asks if he should use his wife's 401(k) to take out a loan and pay it off.

Also mentioned on the show:

- You are not the average of your past.

466 Ask This Question Always To Be Smart With Your Money

Sep 21, 2018 39:45

Description:

- Starr's kids often ask for money advice. Here's where you should turn before making big decisions that could come back to haunt you.

- The best and worst places to live to become a millionaire. Good grief, the editors don't even know where Hawaii is.

- StarLord is stuck at home but stress free because of his family's financial independence. An inspirational story to every listener.

Listener questions:

- Davis asks Scott's thoughts on if you should have $1M before buying a new car.

- Catwoman wants to know the caps and phase outs for Roth IRAs.

Rod (Dunwoody, GA) has a boss he doesn't get along with and needs help in how to deal with the situation.

- Scott (Portland, OR) argues zero percent financing is like borrowing money for free. Is he right?

- Daniella (Trenton, NJ) has a medical bill in collections and doesn't know what to do about it.

Also mentioned on the show:

- The downside of a microwave society and how to overcome it.

465: What To Do If You Have a Huge Problem Eating Out

Sep 19, 2018 39:45

Description:

- Food is one of your biggest expenses, so how do you keep from overspending on eating out and for groceries? Scott has the answer.

- Every Well, a possible solution if you're sick and tired of being sick and tired.

Listener questions:

- Ron (YouTube) confirms the last 10 years have been a great time to be in the market.

- Roberta (Stockton, GA) has an issue with her husband not being equal with the budget.

- Crystal (Hot Springs, AK) asks for a good home insurance company and what kind to get.

- Charlotte is ready to start an emergency fund but doesn't know where to get the money for it.

- Will (Nebraska) wants to know how to get out of a car lease.

Also mentioned on the show:

- It's getting harder to find good rental properties because of Big Data, but don't give up hope.

- One high school student turns a hobby into a thriving business.

Links mentioned in the show:

https://coppellstudentmedia.com/81659/special-features/cameron-koriala-hook-kids-preteens-with-fishing-business-get-head-start-on-career/

- http://swapalease.com

464 Learning To Grow Money While You Don't Have Any

Sep 17, 2018 39:45

Description:

- Scott rants on bad journalists who are only telling half the story. Watch your money!

- Things to consider when starting a business.

Listener questions:

- Heather (St. Paul MN) asks if the debt snowball or debt avalanche is better.

- David (SoCal) has some stock options he wonders if he should keep.

- DeShawna (Hartford, CT) is a bride on a budget and asks what is reasonable to spend on a wedding.

- Roger wants tips on getting his wife on board with the early retirement movement.

Also mentioned on the show:

- When the call comes to show your home to prospective buyers.

- Fertility treatments are ultra expensive but a new option is 1/3 the cost of normal prices.

 

463 Do You Know The Best Time To Start Investing?

Sep 14, 2018 39:45

Description:

- Fear keeps people from doing a lot of things, but for everyone who has been afraid to invest you'll want to hear the stories of the people who overcame their fear and built great wealth over the past ten years.

- Scott rants on a Billionaire giving out fantastical advice about the future.

Listener questions:

- Mandy (London, UK) has $40,000 (UK) in debt and wants help with how to pay it off.

- Anwar (South Africa) is 31-years-old and needs some help educating himself on getting out of a heap of debt.

Also mentioned on the show:

- Red alert warning - Are you aware your taxes could go UP next year? You have to do something TODAY or you might get hit with a big tax bill.

- Nigam is a first time home buyer and asks about putting 20% down.

- MaKeshia has a tip on staying away from payment plan cosmetics.

 

462 Best Practices For Prioritizing Your Busy Life

Sep 12, 2018 39:45

Description:

- There is a huge difference in how much someone 'makes' vs. how much they take home and have in the bank. When you can identify the difference you can avoid some clever marketing tricks.

- A new side gig pays $7,500 for 3 days of work. You won't believe what it is.

Listener questions:

- April (Florida) is having problems binging on buying stuff and breaking her spending plan.

- Angel and her husband ask for techniques they can use to get out of debt quicker.

- Justin asks about day trading as a career.

Also mentioned on the show:

- Red alert warning - What are the real earnings you can expect from MLMs?

- Two people say they made a 'stupid' decision to borrow for a car. Was it a good decision or not?

- Anonymous ((Portland, OR) shares a lesson picking your top priorities in life.

Show links:

https://www.cs.cmu.edu/~dst/Amway/AUS/stats.htm

https://www.dalbar.com/Portals/dalbar/Cache/News/PressReleases/ActiveVPassiveInvestorReturns.pdf

461 What To Do When You're Bad At Money

Sep 10, 2018 39:45

Description:

- Everyone is bad at money at some time or another in their life, right? Scott shares the first step in figuring out how to improve any situation you are in.

Listener questions:

- Aida (California) asks about borrowing from a 401(k) to pay off debt.

- Juan is a 24-year-old college student with $1,000 to invest.

- Grace is 31 and feels like a big failure. Scott tries to convince her she is not.

Also mentioned on the show:

- Red alert warning - fake check scams have cost people $25 million last year.

 

460 Don't Get Run Over By Your Decisions

Sep 7, 2018 39:45

Description:

- Scott's neighbor Bob used to step out in front of speeding cars to get them to slow down. The result might surprise you.

- DaMama will inspire you to take things one small step at a time, if that's all you can do for now.

- Theranos is DRT - Dead Right There. Lessons learned from this giant investment scam.

Listener questions:

- JB (Charlotte, NC) asks about the high fees in his target date fund and wants to know if there is a better option.

- David (Seattle, WA) is age 68 and asks how to start investing if you're retired.

- James is setting up an LLC for his rentals and asks if his investment accounts should be under the LLC too.

- Willow's son just bought a house and she wants to know if home warranties are a good buy.

Also mentioned on the show:

- Have you heard of cleaning grills as a business idea?

 

459 How To Talk About Money

Sep 5, 2018 39:45

Description:

- Scott shares a simple way to start money conversations and avoid that awkward feeling.

- The inspiring story of a 50-year-old getting his first chance at being a major league baseball coach.

Listener questions:

- Gwen wants to know if Scott is taking on clients.

- Val (Quebec, Canada) just got a master's degree and has a question on investing.

- Lando (New York City, NY) is getting married and asks for tips on combining finances.

Also mentioned on the show:

- Alexandria (Atlanta, GA) won't make this mistake again.

- Broke College Grad (Cambridge, MA) just wishes we would all get along.

- Jason recalls his first debt-free paycheck.

- What is a fiduciary and why should you care?

- Marylin Manson is going back to their old ways. Good for profits, bad for customers.

 

458 These People Are Winning With Money

Sep 3, 2018 39:45

Description:

- Scott and Katie share stories of people that are sure to inspire you.

Priscilla
Michelle S.
Debtfree Dreemin
Ashley (Dallas, TX)
Michelle
The Frugal RN
Kristina
Christine
Amber

 

457 Please, Ask Me A "Stupid" Question

Aug 31, 2018 39:45

Description:

- Scott rants on people who act higher than everyone just because they know have the knowledge others don't.

- Water cooler moment - can you explain inflation? Most people can't but after this you'll be able to.

Listener questions:

- Alison asks if it's normal for investment companies to not be FDIC insured.

- Jim's girlfriend just got a car loan and he's trying to help her see the value of financial independence.

- Daniel discovers why saving is important.

Also mentioned on the show:

- Emma (Kansas) recalls her first ever big purchase - a Barbie limo!

- Red Alert Warning - Our military are under attack by greedy politicians.

- We salute Shannon for staying consistent.

 

456: Discover How To Avoid Spending Splurges

Aug 29, 2018 39:45

Description:

- Scott reports on his recent visit to the mall and how to avoid all the temptations like new shoes and a Cinnabon!

- Check out this app which tells you where kids can eat free.

Listener questions:

- DaMama asks about keeping unused credit cards open and if she should have a debit card for her investment account.

- Armani (Canada) asks if there is a similar service to Vanguard.

- Jason shares how his in-laws went bankrupt as real estate investors during the last recession.

- Adam has a tip for people wanting to avoid student loans.

Also mentioned on the show:

- The dangers of owning a franchise.

- Willow shares the impact the show has had on herself, her family and her friends.

- Mama loves a budget

 

455: Why You're Better Off When You Don't Have To Write Checks Every Month

Aug 27, 2018 39:45

Description:

- Big J has some big savings and is a millionaire! Discover how his family did it.

- How spending $28,000 cost one 30-year old a million dollars. Avoid this catastrophic mistake!

Listener questions:

- Dany (Mount Vernon, NY) has maxed out the savings for his retirement accounts (WooHoo!) and asks about a cost effective way of getting a CFP.

- Hammer Time shares his thoughts on saving/investing for young kids.

- Denise read an article about how she would end up paying more money if she stopped contributing to her retirement and paid down debt instead.

Also mentioned on the show:

- Gronk of the New England Patriots shares some car buying advice with a teammate.

- The costs of setting up a 401(k) for solopreneurs and business owners.

 

454B: Growing Up Poor And Budgeting Your Way Out

Aug 24, 2018 39:45

Description:

- Reva has learned how to spend and budget by watching her parents make bad decisions. Hear how you too can choose success.

- Nila filed for bankruptcy and just finished paying off her student loans. She is in the band!

- You could be doubly underwater on a car and end up owing a big bill.

Listener questions:

- Jason wants to know the pros/cons of the no debt crowd vs. good debt crowd.

- Joe asks about annuities and if they are good for saving.

- Shane is thinking about having his parents add him to their credit card and wonders if there will be an impact to his credit score.

- Jon is 27 and has the option of paying $11,000 for service for his job so he can retire two years earlier and still receive pension benefits.

Also mentioned on the show:

- Scott had it right all along about one of his ideas from years ago.

453: Learn How To Not Get Lost With Your Money

Aug 22, 2018 39:45

Description:

- Scott is back from vacation with a story on how to not get lost on your path to financial freedom.

- Katie gets a new travel credit card and shares the pros/cons of it.

- JT's extended family is constantly scheduling budget busting activities and he asks for advice on what to do.

- Kirstie (Coffeeville, KS) is age 25 and wants some advice on pre-paying the interest on student loans.

- Neo (YouTube) suggests borrowing from a 401(k) and using the money to invest in rental properties. Is this the best path to building wealth?

- Claire is a personal finance blogger and has a tip on when it's ok to buy luxury brands.

452: YUMO! Are Any Foods Good For Your Wallet?

Aug 20, 2018 08:50

Description:

Yep, Scott's still on vacation today. Last short show until we return!

- Rachel Ray (celebrity chef) is under fire for her nutritious pet foods. Is this about nutrition or unfair competition? Follow the money so you're not deceived by clever marketers after your money.

451: Are You Looking At Money The Right Way?

Aug 17, 2018 08:50

Description:

Scott's on vacation this week, but we have a mini show until he returns.

- Nathan provides three very important money lessons so you can have more than a middle class mindset.

450: How Much Sweat Does It Take To Buy Stuff?

Aug 15, 2018 08:50

Description:

Scott's on vacation this week, but we have a mini show until he returns.

Nobody can remember what this show was about. Probably something to do with money.

449: 60 Second Retirement Planning

Aug 13, 2018 08:36

Description:

Scott's on vacation this week, but we have a mini show until he returns.

- Maria and Matt (UK) want to pay off their mortgage and ask for Scott's thoughts on their retirement plan. Using the Rule of 25 you can guestimate how much you need to not outlive your money over 30 years.

448: How To Turn Your Financial Life Around

Aug 10, 2018 39:45

Description:

- Sydney is our second personal finance scholarship winner. She found the key to the fountain of money and shares it.

- Michelle shares when brand names DO matter.

- Steve asks about his 457 plan and if he can withdraw the money without penalty.

- The penny pincher girlfriend asks if her partner should save money in his 401(k).

- Will you be prepared to pay $6,000 a month for your aging parents?

- Debt Free Mum of 3 shares her August goals.

447: Are You Losing Money On These Grocery Store Tricks?

Aug 8, 2018 39:45

Description:

- Jax is the winner of $1,000 for the personal finance scholarship. Hear how his mother inspired his relationship with money.

- Lori asks what her 15-year-old should do with the $2,000 she has saved.

- Austin is newly married and asks if his financial plan has any red flags

- A teacher quits his job to shop for others full time and is earning $100,000 a year.

- Lisa is caring for four grandkids and needs help figuring out how to pay for care.

- Red alert warning - a new pump and dump scam.

- Are you falling for these grocery store tricks? Save money by identifying fake labels.

 

446: How Safe Is Your Job In This Booming Economy?

Aug 6, 2018 39:45

Description:

- Bill asks about different auto deposit options at investment companies.

- Grant's mom is getting a $35,000 settlement and wants to know the impact on Medicaid.

- Jimmy (New Jersey) has 7 more years in the Army National Guard and is deciding on putting the money in a TSP or something else.

- Nathanial comments on Scott's take on credit cards vs. debit cards.

- How to select a charity and not get ripped off.

- Is your employer doing well on the surface? 351 employees of a car dealership are not getting a paycheck because of mis-management. An important story on why you must have an emergency fund.

- Lexie is winning with the cash envelope system.

Settlement Alliance - https://www.settlement-alliance.com/

445: How Not To Fund a College Education

Aug 3, 2018 39:45

Description:

- What you need to avoid at Costco.

- Dan asks about using the cash value from whole life insurance to fund college education.

- Lucy's husband has a Thrift Savings Plan and asks about if a Roth or regular plan is best.

- James wants to know how much to start investing with.

- Well Where Did My Money Go is back in the news with more fines.

- Scott shares how to get your kids (as young as 4) started learning responsibilities and working in life.

- Missy pays off $1.2M in debt over 8 years.

Share your success story: https://scottalanturner.com/share-debt-success-story/

444: Are Emergency Funds A Thing Of The Past?

Aug 1, 2018 39:45

Description:

- Bruce Williams. 6th greatest radio host of all time. Retired. And he should stay that way.

- Anthony (YouTube) asks if he has a regular IRA if he can convert it to a Roth IRA.

- AT would like to make some housing upgrades but wonders if the money should be put towards other goals like retirement or an emergency fund.

- Home buying mistakes every age group may be making. Have you made it? Scott has.

443 Are Teenagers Making This Credit Score Mistake?

Jul 30, 2018 39:45

Description:

- The views on credit scores are very different among teenagers. Scott shares which ones have it right.

- Omid (Camarillo, CA) questions if he should stay with Well Where Did My Money Go or switch to a local credit union.

- Jenni has a question about a company charging $50 a month and promises to make you money.

- Antonio is 23 years old and deciding on the best way to divide up his income for investing.

- What are the best 529 College Savings Plans?

- Red alert warning to pay attention to online purchases that may include unnecessary add-ons.

- The inspiring story of a teenager who decided to make candy for other kids and donate part of the profits to help homeless children.

442 How Much Should You Put In Your Emergency Fund Each Paycheck?

Jul 27, 2018 40:15

Description:

- Ana (Wellington, FL) asks about filing for bankruptcy to get a fresh start.

- Libraries are under attack! Scott shares why these valuable resources should remain and all they have to offer.

- Adrian is starting a new job and wants to know how much to put into an emergency fund each month.

- Vickie (Laveen, AZ) wants to help herself and her children to earn extra money so they no longer have to struggle.

- Business ideas for teenagers.

- This company is paying back tens-of-millions in fraudulent charges. Are you owed money?

- The story of a teenager who isn't letting growing up poor define him.

441 How To Find Hope In Your Situation

Jul 25, 2018 39:45

Description:

- Scott shares some new and creative ways to save money every day.

- R2D2 can't find financial help for an hourly fee and asks where to look.

- Are you relying on a pension to fund your future? Another warning for failing promises you don't want to count on.

- What's going on in your 401(k)? Another major company is being sued for $140M because of mistreating their employees.

- Larry (Augusta, ME) had a financial hardship and wonders if he has any hope of retiring.

- Is someone in your family (or you) going to make this huge retirement mistake?

- William has a few negative marks on his credit and wants to know how to get rid of them.

- Ana (Wellington, FL) feels like she is drowning and can't afford her car.

- Robert is moving to a new city with his girlfriend and she doesn't want to discuss splitting up the bills.

440 Are You A Loser? I Am.

Jul 23, 2018 08:55

Description:

439: How To Handle The People Holding You Back

Jul 20, 2018 39:45

Description:

- Find out what happens when you go to a Tony Robbins event.

- Jake asks about banking at Walmart and the private bank he uses compared to the big banks.

- A new study shows more people are registered for credit card rewards than retirement plans.

- Geras is starting college and wonders if picking stocks is the best way to get started investing.

- Alan has been getting crushed by his advisor with fees and asks if it's time to switch to something else.

- Adrian asks about the best financial apps for your phone.

- Some interesting excerpts from the personal finance scholarship essays.

438 Real Artists Don't Starve

Jul 18, 2018 39:45

Description:

- Why you don't need a dime to have a vision.

- R2D2 asks if there is an issue opening an ira for both me and my wife and maxing out at $11,000

- Karen had a friend die of cancer but who had his financial house in order. She asks what you should do to make things easy on your surviving family once you are gone.

- Chrissy has a toddler and is barely living paycheck to paycheck. She asks about a work from home opportunity to become a virtual assistant while she pursues her passion of acting.

- Christina asks what is the difference between a Roth IRA and a traditional IRA

- Never stop singing!

Links / resources mentioned:

Real Artists Don't Starve by Jeff Goins - https://www.amazon.com/Real-Artists-Dont-Starve-Strategies/dp/0718086260

437: Look At The Big Brains On Branjelina

Jul 16, 2018 13:23

Description:

How To Get Out of a Funk

Jul 13, 2018 08:55

Description:

- Scott is on break today but shares some tips on getting out of your funk.

435 Heidi Has $25,000 In Debt And Asks How Long It Will Take To Pay Off

Jul 11, 2018 39:45

Description:

- More tips on identity theft protection from a former con artist.

- Laura has an opportunity for a side hustle but wonders if it's a pyramid scam.

- Heidi (Brooklyn, NY) is looking for a plan to pay off $25,000 in debt.

- From cupcakes to cattle raising - the side hustles of NFL players.

- Jessie has a SIMPLE IRA with a company match and needs help with the investment choices.

- Katie gets her real estate license.

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

434 Solo Asks How To Pay For IVF When It's So Expensive

Jul 9, 2018 39:45

Description:

- Catch me if you can! Frank Abignale on protecting yourself from identity theft.

- 43 million Americans are making this mistake with their credit cards. Are you one of them?

- Beth asks the best place to buy tires.

- Morgan has property taxes due and asks how best to save for them.

- Solo is looking to start a family and the $15-$30k cost of IVF treatment is a challenge. Scott and Katie weigh in since they had to go through two rounds of IVF.

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

433 The King Is Dead, Long Live Elves

Jul 6, 2018 39:45

Description:

- Catwoman pays off $60,000 in debt!

- Richard (New Zealand) trades in his BWM for a big pile of money.

- Another brilliant mind bites the dust. How it impacts your finances.

- Heather wonders about free/cheap things to do this summer.

- Benjamin is 16 and asks what the best place to invest is.

- Karsten (Lynchburg, Virginia) is heading off to college in the fall and asks about making money while at school.

- The job market is out of control. Are you afraid of leaving a cushy job to make more money?

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

432 Improve Your Fireworks I.Q.

Jul 4, 2018 08:49

Description:

It's a short show today because of the July 4th holiday. Happy Birthday Merica!

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

431 Make More With Beast Mode

Jul 2, 2018 39:45

Description:

- Marshawn Lynch is famous for eating Skittles. And for scoring touchdowns. But his savings philosophy is what some people are starting to follow to build wealth. Find out what is.

- How to get rid of a timeshare.

- It's never too late to get started, but it's sometimes too late depending on how far away the destination is.

- Ann has a Roth 401(k) and asks if doing a Roth IRA would be better.

- Jennifer is recently divorced and trying to figure out how to budget.

- No more overtime! How to get ahead with less by doing more (sometimes).

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

Timeshare Users Group - http://tug2.net/

430 Lose Your Stress Today

Jun 29, 2018 39:45

Description:

- What are people stressing out about more than politics or health? Hint: It's not where Lebron James is going to end up.

- Why gold is the worst way.

- The great pillow challenge is complete - find out how to get a better night's sleep!

- Christina has a correction for us on free water at fancy restaurants.

- Chris asks for a robo advisor report

- Geordi is doing a backdoor Roth IRA conversion and asks when the last date the conversion can be done.

- Travel tips - how to save time on your next (and all future) trips to the airport.

- Katie vents on children asking for everything. Are you a parent (or know one) that gives in?

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

 

429 The Biscuit Bar

Jun 27, 2018 39:45

Description:

- What do your childhood memories mean to your financial present and future? Scott shares the importance of looking back to see if bad beliefs are holding you back.

- DJ (SoCal) has an existing 457 plan and asks about moving it to a new employer.

- Rob is 60 years-old and has $300k in student loan debt. He is concerned about paying for his kids education.

- The Biscuit Bar (one of the best ideas ever) is another example of starting a business nobody knew they needed.

- April asks for the list of index funds that are good to invest in.

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

https://www.thebiscuit.bar/

428: What To Do With All That Stuff?

Jun 25, 2018 39:45

Description:

- Older generations are downsizing and are trying to figure out what to do with all their junk. It's time for you to score some deals!

- Janet asks what is a PLUS loan?

- Samnang is struggling with a car loan.

- Christina corrects Scott on the proper way to order free water at a restaurant.

- Some home monitoring services are an absolute rip off.

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

 

427: Christina Asks About Borrowing Against a 401(k)

Jun 22, 2018 39:45

Description:

- ChristinA asks if it's ever ok to borrow from a 401(k) for something like a house downpayment.

- JT provides a bunch of tips (some are probably new to you) to help protect your identity.

- How to keep kids busy this summer.

- Wells Fargo is reimagining a better future where they don't rip off their customers.

- This month's Kibble Burger. The same as last months. Again.

- ChristinE looks for advice on the pros/cons of paying insurance in advance (6 months or yearly) vs. every month.

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

https://www.wsj.com/articles/how-to-keep-cooking-obsessed-kids-busy-this-summer-1529431993

426: Trump Chicken Towers - Now Open

Jun 20, 2018 39:45

Description:

- A member of Scott's entourage backs out of a house deal. Listen to what happened and how you can apply the purchasing decisions to your own life.

- Kate asks about the dang fine Instapot recipes Scott is willing to share with everyone.

- Red alert warning - Orenda coffee makers - please don't buy one!

- Morn Deep is trying to make sense of their 401(k) options.

- Michael is starting the think about retirement and asks if it's better to take an early distribution from his pension and collect the money starting at age 55.

- Are you in one of those seasons where your money is going out faster than it's coming in? You're not alone.

- Do you have your emergency rations ready for an alien invasion? Or at least a short emergency.

 

 

425: Let's Go Barbie

Jun 18, 2018 39:45

Description:

- Scott shares several recent examples of people who went to school for one thing and are doing something completely different in their careers. What are the chances you will be doing what you went to school for over your life time?

- Red alert warning - a new report out shows colleges are using creative math in their acceptance letters and not telling the real deal on how much college will cost.

- Ysagani asks about the differences between managed investing accounts and self-directed investing accounts.

- Barbie (Charleston, SC) is a 21-year-old college student who needs help with a budget and paying off some credit card debt.

- Are credit card rewards for an annual fee worth it?

- Brian (MN) invested in a new kitchen for a rental and comments on the tax breaks.

- Quote of the day from Selena Gomez (yes, Selena Gomez).

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

 

424 Always Keep Going

Jun 15, 2018 39:45

Description:

- Hear the story of a listener who had a great plan, then got delayed due to an injury. What would you do in their position?

- Britney has a 401(k) and asks if she should be doing something else.

- Linda (Canada) is looking for money saving tips.

- Priyanka's parents are $20,000 in debt and she asks how she can help them.

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

 

423: 101 Ways To Prepare Ramen Noodles

Jun 13, 2018 08:49

Description:

- Back from vacation, but we had to call in a vacation day from the vacation because of how late we got back. But we still have some inspiring words of wisdom from Emma, a future world leader.

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

https://scottalanturner.com/personal-finance-scholarship/

 

420: How Will The New Tax Laws Effect You

Jun 12, 2018 39:45

Description:

- Brian asks about the 2018 tax law changes and how they might impact the home mortgage interest deduction.

- Scott rants on yet another Silicone Valley insider that has all the secrets to the next great investment - for a very special price!

- Organic wheat is the latest ripoff to your hard earned money.

- Lori has a question on her retirement plan and wants to know what questions she should ask her human resources leader about picking the best options for her.

- Lean is considering using Quicken and asks Scott about his feelings on it.

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

 

422 The Italian Diet Crisis

Jun 11, 2018 08:49

Description:

Scott's on vacation but he left you with a few words of wisdom until he returns. Think bread!

421 Hail To The King

Jun 8, 2018 39:45

Description:

- A hail storm rips through Scott's neighborhood and takes out hundreds of cars with it. Hear the warning of being properly insured from what life can throw at you.

- Lautrice is 28 and just started her first employer retirement plan. She asks if the investments that were selected for her are the best available.

- A follow up to Angie's situation on if her mother should buy a fixed annuity to help protect assets from a potential nursing home stay.

- Linda is 51 and trying to get term insurance without being employed. She asks for advice after being turned down.

- Money saving tips for the summer.

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

National Academy of Elder Law Attorneys - https://www.naela.org/

 

419: When Is The Best Time To Buy A New Car?

Jun 4, 2018 39:45

Description:

- What are the best steps for you to take to save money on a car? And when is the best time of year/month/week/day to buy?

- Alexis got a $5k tax return and asks where to start investing.

- Spock is considering taking an early withdrawal from a 401(k) to pay off some debts and asks if it's a good idea.

- Caitlyn wonders when is a good time to buy appliances.

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

418 How Rich is Rich? Your Magic Number

Jun 1, 2018 39:45

Description:

- How much money do you need to be rich? The big banks have your answer, but are they right?

- Scott has a cheap tip to ease your aches and pains.

- Angie (Dover, PA) checked into her aging parents finances and wants to be prepared if they enter a nursing home. A financial advisor told her to buy a fixed income annuity to protect their assets. Is this good advice?

- Katie shares a tip on saving money on orthodics.

- Why the little things in life matter.

- Red alert warning on this latest 'hot' stock tip to avoid.

- The amazing story of an active NFL player who just finished his medical degree.

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

417: Why Some People Hate Target Date Funds

May 30, 2018 39:45

Description:

- Scott rants on someone who says target date funds stink.

- Anthony asks what an umbrella policy is.

- Austin has a question on the savings strategy that uses stocks and bonds.

- Why the little things in life matter.

- Karin uses a list to save money at the grocery store.

- Red alert warning on scratch and no win tickets from car dealers.

- Dessert Sandman shares his financial independence story after being $100k in debt.

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

 

416: Understanding Your Employer Match So You Don't Lose Money

May 28, 2018 39:45

Description:

- Linda has a new job and asks about her 410(k) plan and how the employer match works.

- Plumbers (yes, plumbers) are the latest hot job, and they are being offered $5,000 signing bonuses.

- Sharan is a Junior at the University of Texas and asks how she can afford to go to law school.

- A former FBI agent shares some tips to protect your identity and the money in your bank accounts.

- Clown around for $100/hour

- Red alert warning on scratch and no win tickets from car dealers.

- Politicians who can't manage their own finances would love to manage yours.

- Mike and his wife paid off $12,000 of debt in 10 months!

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

http://www.rosietheclown.ca/

 

415 Getting a Better Mortgage

May 25, 2018 39:45

Description:

- Scott reviews the Better mortgage service to give his take on if you should consider this option if you're in the market for a new home or refinance.

- Brokers are getting broker, and they are turning to your pockets to make up the difference. Watch out!

- Max asks a question about taking money out of a 457 plan without penalty and how that works.

- Chris got a $365k inheritance and wants input on how he should handle the windfall.

- Kibble Burger is at it again, fleecing fools from their money.

- Karin shares a win on getting her finances in order.

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

https://better.com/

https://scottalanturner.com/personal-finance-scholarship/

414 The Story of Mrs B

May 23, 2018 39:45

Description:

- How a handshake led to a sale worth $40 million to a Russian immigrant.

- Should you hide your wealth if your working towards financial independence?

- Greg is retired and can no longer afford his home, but if he sold it he wouldn't break even. He asks for advice.

- Mark was just downsized and wonders if he should pay off his debts with his severance.

- Katie visits a tiny home and talks about moving into one.

- Scott gives the step-by-step process of buying a new appliance, and how you can save money on your next purchase.

- A story of why financial independence is appropriate at every age.

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

https://www.nfm.com/list.aspx?dsNav=N:0,Ntk:primary|OurHistory|1|

413: How Brian Saves Money Just By Asking

May 21, 2018 39:45

Description:

- Red Alert Warning about a new phone scam.

- Chris protests his property taxes and saves a bundle. Hear how you can too.

- Dr. J (California) is going on a credit card diet and asks if the myths about debit card protection are true.

- Misty is at the end of her rope with debt and asks for help.

- It's the time of year you need to protect your emergency fund from HVAC scams.

- Brian (Pittsburg, PA) shares a win on how he's saving money just by asking.

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

 

412: 98-Year-Old Secretary Dies With $8.2M Fortune

May 18, 2018 39:45

Description:

- 98-Year-Old Secretary dies with $8.2M fortune

- Beth (Auburn Hills, MI) takes some stock she got from her grandparents and finally trades them in for some low cost index funds.

- A couple with seven kids dies in a car crash and without a will. A warning to all listeners about protecting your family from the unknown.

- Taylor (Columbus, OH) is deciding what type of vehicle to purchase after his lease ends if he's driving a lot and already has $20,000 in debt.

Links mentioned on the show:

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https://mobile.nytimes.com/2018/05/06/nyregion/secretary-fortune-donates.html

411: How We're Making An Extra $400 A Month

May 16, 2018 39:45

Description:

- Scott shares how they have recently come out ahead and helped out someone in the process.

 

- K has a money saving tip when eating out at fast food places.

 

- Meannia (Jackson, MS) asks how to get back up after you've been down.

 

- Mo leaves the greatest voicemail yet in the history of the show, praising the greatness of the host.

 

- Tara interested in leaving her corporate job but doesn't know how to make the numbers work.

 

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

The Puff Oven Pancake - https://www.texascooppower.com/food/recipes/puff-oven-pancake

- Ways to help your kids from blowing any money you leave behind to them if you've achieved financial independence.

410: Deconstructing a Pigeon for $500

May 14, 2018 39:45

Description:

- Dave asks if he is crazy to be invested 100% in an S&P 500 index fund if the money is all for my grandkids and he’ll never touch it.

 

- Hammer Time offers a warning on ROBS and rolling your retirement into cupcake funds.

 

- Ryan (Phoenix, AZ) has an update on the housing situation he is considering.

 

- Grocery store items are not created equal. Scott has a food saving tip that will save you some money.

 

- Summer gas prices are on the rise. Find out how you can save at the pump.

 

Links mentioned on the show:

 

Please share the show by visiting http://ShareTheShow.com

 

409: George Loses $100,000 From Advice On The Radio

May 11, 2018 39:45

Description:

- Retired airline pilot George L. Sims lost $100,000 following the advice of someone on the radio. Could you be next?

 

- Pauline (Boston, MA) is 55 and blind. She has credit card debt and owes the IRS money and asks for help on her situation.

 

- Old Macdonald (Anonymous) is interested in hearing the pros/cons of a mortgage recast.

 

- Scott speaks at SMU on passive aggressive investing and shares how to keep more of your money.

 

- Last minute Mother's Day gifts.

 

Links mentioned on the show:

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- What should you have in case of an emergency? Probably not this $995 fashion survival kit.

408: Alain Apologizes to His Customers For Selling Them Bad Investments

May 9, 2018 39:45

Description:

- Cecilia (Lawrence, MA) has $66,000 in credit card and student loan debt and need help figuring out how to pay it off.

 

- Scott's review of the Ghost Pillow.

 

- Katie discovers a place you can have birthday parties for free - activity included!

 

- Alain used to sell high cost mutual funds but after a year he was sick to his stomach. Find out what he did about it.

 

- Denise is 58 years old and has unpaid bills, while trying to get ready for retirement.


Links mentioned on the show:

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407: Cereal Milk

May 7, 2018 39:45

Description:

- Discover one person's journey from a small town to big city fame and fortune, due to her love of cookies.

 

- Brian is 36 and asks if his choice of investments is nuts for his age.

 

- Luis is about to get evicted because his income has dried up, and he doesn't know how he will support his daughter.

 

- Rebecca (Canton, NY) has spent down her emergency fund and asks how to build it back up.

 

- Scott talks about the Ghost Pillow and why a good night's sleep is so important, but not if you overspend for it.

- Andy quit smoking after 30 years, has lost 30 pounds, and wants to help others do the same.

 

Links mentioned on the show:

 

Please share the show by visiting http://ShareTheShow.com

406: Earning $1 Million a Year, And Still in Debt!

May 4, 2018 39:45

Description:

- Some people think they are living the dream but the reality is they will wake up to a nightmare later on - old and broke! Scott shares the story of one couple that spends $42,000 a MONTH and has nothing to show for it.

 

- Denise is 58 and has a lot of debts. She asks how to get back on her feet financially.

 

- Liam meets a 20-something-year-old who expects to make a big income just because they graduated from college. Scott rants on the privileged mindset of people who haven't paid their dues.

 

- If you're a small business owner - or looking to be one - hear some tips on how to make money faster.

 

- Gen admits to being materialistic and has a lot of debt at age 19, and asks for advice.

 

- Grace asks how best to save for private school.

 

- How one church paid off $10.5 million of medical debt to help people out.

 

- A red alert warning about fake best-of lists.

405: What To Do If You Have a Really, Really Large Amount of Debt

May 2, 2018 39:45

Description:

- Scott shares why boundaries are important to achieving your money and life goals.

 

- Karin asks if employer sponsored life insurance is necessary if you don't have kids.

 

- Oscar asks when the show will include a live call in.

 

- If you're looking for a better paying job, some cities will pay you to move.

 

- Jen (Houston, TX) is about to miss a mortgage payment and asks if its ok to miss it to wait for her new job to start.

 

- Gen admits to being materialistic and has a lot of debt at age 19, and asks for advice.

 

- Looking for some quick cash and an easy business where you set your own hours? We've got a new one to share.

 

- Randy is 18 and has a couple thousand to invest, but isn't sure where to invest it.

 

- Mike is 42 and has $489k in total debt, with very little saved for retirement. He asks if it's better to wait and pay of the debt first or invest and pay off the debt at the same time.

 

- If you're in the market for a new car, check out these options.

 

Links mentioned on the show:

 

Please share the show by visiting http://ShareTheShow.com

 

404: What Kind of Insurance Should You Have?

Apr 30, 2018 39:45

Description:

- Wells Fargo - how are they still in business?

 

- How good is your 401(k) knowledge?

 

- Grace asks what types of insurance she should have.

 

- Brian is 37, divorced and paying child support for his four kids while just scraping by. He asks for some advice on his situation.

 

- Karin has $300,000 in student loans, $15k in credit card debt, and is trying to save up for a house.

 

- A new way to test out that car you're thinking of buying, without the hassle of dealing with the car dealer.

403: Ryan Is 23, Should He Consider Buying A House?

Apr 27, 2018 39:45

Description:

- Scott rants on the marketing tactics of Wall Street trying to get more of your money.

 

- Ryan (Phoenix, AZ) is 23 years old and figuring out how to best save for a house down payment while paying high rent.

 

- Shalonda (Illinois) is relocating to Tennessee soon and trying to find a new job while she's unemployed.

 

- Laura has her rental home broken into and the Simpli Safe security system stolen.

 

- Amanda works full time and has two young boys. She and her husband ask for suggestions on how to make extra money while working full time.

 

- Lisa is struggling with credit cards bills and asks how to break the paycheck-to-paycheck cycle.

 

- A red alert warning about business scams.

 

- If you're not saving enough to help your family, you might be interested in having granny live in the backyard.

402: Honey for Nothing, Twix for Free

Apr 25, 2018 39:45

Description:

- Share your debt success story and get a pre-gift of some Bad Bee Honey.

 

- Joseph asks about how to format a letter to a CEO when trying to get a problem corrected with service or a product.

 

- Chad has a 14-year-old and wonders if having her save 20% of her paycheck is good enough, or is something better.

 

- Amy is some old retirement plans from a former employer worth $31,000 and is thinking about rolling them into an IRA.

 

- Scott and Katie give their respective reviews of the Freshly food delivery service. Try our discount code and get a discount!

 

Links mentioned on the show:

 

Please share the show by visiting http://ShareTheShow.com

 

https://scottalanturner.com/share-debt-success-story/

401: The Cookie Tax

Apr 23, 2018 39:45

Description:

- The cookie tax is a fantastic way to teach kids about money.

 

- Nuno wonders how the message of the program would relate to people in other countries who have different economic systems and situations.

 

- Aimee (Asheville, NC) asks how do you start to get out of debt, when you’re already living paycheck to paycheck, and sometimes over your means.

 

- Melinda (Costa Rica) has a family and her husband recently lost her job. They are trying to figure out how to make up for the lost income.

 

- Bill (Lincoln, NE) is trying to decide between a regular 401(k) and the Roth 401(k).

 

Links mentioned on the show:

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400: How To Keep Your Awesome Credit Score

Apr 20, 2018 39:45

Description:

- Jason (North Carolina) is upset with Bank of America and asks what impact closing his BoA credit card will have on his 800+ credit score.

- Dwight (Texas) asks if he can collect both Social Security and his employer retirement benefits at the same time.

- Pablo (Palm Springs, CA) has a family (and 5 cats!), is age 39, and confused on how to start his financial independency journey.

- Have you heard of DoughLuv? It's the future of cookie dough, today!

- Are you falling for the advertisements from investment companies?

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

https://faq.ssa.gov/link/portal/34011/34019/article/3739/what-happens-if-i-work-and-get-social-security-retirement-benefits

399: Best Ways For Teens To Get Started In Their Financial Future

Apr 18, 2018 39:45

Description:

- Mimi is a high school math teacher and asks for the best ways for 17-year olds to start their financial future.

- Real life car leasing - a story of why the residual value on a lease can come back to bite you.

- Dave (Dallas, TX) is funding six 529 plans for grandkids and wonders why Vanguard's website points people to the Nevada plan. Scott went with the Utah plan for it's low costs.

- Pet related tax deductions.

- Renee (Monroe, OH) asks about the Costco brand of memory foam mattress Scott prefers.

- Pari has a follow up question on medical bills gone into debt collection and ow to get them taken care of.

- New ways to make money - crafting a cactus.

Links mentioned on the show:

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https://www.financial-planning.com/news/how-financial-advisors-defrauded-kardashian-clan-others

 

398: Wheel of Fortune

Apr 16, 2018 08:55

Description:

It's our last short show until our glorious host returns!

Hear about Scott's 2nd grade teacher who taught elementary school for 47 years! He sat down with her for lunch to find her motivation.

Plus, a very important announcement.

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

https://scottalanturner.com/personal-finance-scholarship/

 

397: Luis - Poor in Youth, Rich in Life

Apr 13, 2018 08:55

Description:

Scott is away from the studio this week. We recorded a few short segments to keep you motivated until his return.

Luis (San Antonio, TX) and his family came from Mexico to find better opportunities in America. Hear the lessons he's learned from growing up poor. He is one of our personal finance scholarship applicants.

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

https://scottalanturner.com/personal-finance-scholarship/

 

396: I Make Sexy Teeth

Apr 11, 2018 08:55

Description:

Scott is away from the studio this week. We recorded a few short segments to keep you motivated until his return.

Small business owners, entrepreneurs, and yes, even employees working as a cog in the machine, all have to advertise themselves to make more money. Discover some tips you can apply to your own life or business to get ahead of that competitor or person in the cube next to you.

Links mentioned on the show:

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395: Staying The Course - Corinne is Debt Free!

Apr 9, 2018 08:55

Description:

Scott is away from the studio this week. We recorded a few short segments to keep you motivated until his return.

In this flashback to August of 2016 we hear Corinne and her workplace struggles, and find that today she is debt free.

Links mentioned on the show:

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394: The Cheapskate's Guide To The Good Life?

Apr 6, 2018 39:45

Description:

- The cheapskate's guide to the good life is quite catchy, but the author's of this fine writing article have no clue what being cheap is all about.

- How to get medical procedures approved faster when you're dealing with insurance companies.

- Shelly thinks there is something wrong with her because she can't stick to her budget. Scott gives some tips to sticking to your plan.

- Ric (San Antonio, TX) has a Thrift Savings Plan and is comparing the retirement date funds vs. individual funds for investing.

- Nuno has some investments and asks how best to reduce the taxes on them.

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

https://www.tsp.gov/PDF/formspubs/high18a.pdf

https://graphics.wsj.com/image-grid/OD50Spring2018/

 

393: Millionaire Teachers

Apr 4, 2018 39:45

Description:

- Two teachers crack the million dollar mark. Hear how they did it.

- Jessica is age 32 and just got married. She and her husband are trying to figure out how to become millionaires in 13 years or less.

- A new study showing the true costs of not shopping around for insurance.

- Angela's husband wrecked her credit and she asks about getting out of debt.

- Kevin has a follow up comment on MoviePass

- Should you use a real estate agent to sell your house?

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

https://www.consumerfinance.gov/owning-a-home/explore-rates/

392: Why Leasing A Car Won't Make You Rich

Apr 2, 2018 39:45

Description:

- John gives some statistics on why leasing a car is good for some people. Scott retorts with his own statistics in today's rant.

- Rick and his wife are both 60 and wonder if they will hit their retirement savings goal by age 65.

- Pari has a follow up question on medical debts and if they impact your credit score.

- Tom is age 26 and needs some help with an old 401(k) and a new 401(k).

- Did you know about Costco hot dogs?

- How to sell your home without a real estate agent. Maybe.

- A couple teachers hit the $1M savings mark. Discover how they did it.

Links mentioned on the show:

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391: The 80-Year Old Millenial

Mar 30, 2018 39:45

Description:

- What are people afraid of in the future? A new study about Millennials sheds some light on the stuff keeping us up at night.

- Jahmiel has a new job and transferred an old employer's 401(k) to a new 403(b). He asks if he should use retirement funds to pay off credit card debt.

- T. is lawyer who doesn't like his job. Katie gives some tips on getting out.

- MoviePass is an option to save money on movies. Is it worth the price?

- Money saving fashion tips from the unfashionable show host.

- Why you should avoid commodities, but some magazines litter their pages with reasons to buy them.

- Neil asks the best way to invest with few funds to start with.

- The Notorious MMA.

Links mentioned on the show:

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https://80yearoldmillennial.pru/version/1520695135847/static/pdf/The-80-YEAR-OLD-Millennial.pdf

390: Why Mike Will Never Be Rich

Mar 28, 2018 39:45

Description:

- Mike thinks a $500 a month car payment at age 24 is the way to go. Scott agrees it is if you never want to build wealth.

- Karen is in a job she hates and is looking for something that doesn't involve employers.

- Pari is 53 and has multiple medical bills she is struggling to pay. She asks about a loan consolidation to pay down the debts.

- Renee (Houston, TX) is 31, in a dead end job and would like to get her life back on track.

- Cloud asks about the Discover savings account to park her savings for a house down payment.

- Are you prepared for the cost of a funeral?

- Another round of fortune tellers getting it wrong (again).

- Spring time money saving tips.

Links mentioned on the show:

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389: How A Beach House Can Save Your Budget

Mar 26, 2018 39:45

Description:

- Cindy (Iowa) has a passion for cooking but is broke. Her husband has to walk 45 minutes to catch the bus to work because they can't afford a car right now. She asks how they can get ahead.

- Stephanie (West Australia) is age 23 and makes $700 week. She wonders how to make more.

- Ranee is going to retire in 2 years with a pension and SSI and asks how to play for expenses.

- Amanda is struggling with being jealous of the things other people buy but she can't.

- The fiduciary rule is dead. What you need to do now.

- Joe shares a story about getting his wife on board with a budget.

- To Roth 401k or not to Roth 401k

Links mentioned on the show:

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388: How To Plan For Getting Laid Off

Mar 23, 2018 39:45

Description:

- A listener's wife is a school teacher and will not have her contract renewed for the next school year. Scott details how to plan for when you know your income is about to get slashed.

- PT (Richmond, CA) just purchased a condo and is planning for a rental property in a few years. He asks about how best to save up.

- Pam asks about a Pershing Roth IRA.

- More grocery store shenanigans causing you to overpay.

- Socks. What else can you produce for $2 and charge $80 for.

- Sandra asks how to find the perfect fit for a new business.

- The story of one person who got through college with no debt.

Links mentioned on the show:

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387: New Travel Hacks To Save You Money

Mar 21, 2018 39:45

Description:

- Scott & Katie go to the travel show and come back with loads of travel tips. New travel hacks to save you money on tours and more!

- M1 Finance review.

- Susan is concerned about giving over her personal info when signing up for an investing account online.

- Greg has an IRA with $8,600 and asks about converting it to a Roth to pay the taxes now.

- The jacket that doubles as carry-on baggage, but without the checked bag fee.

- George has a comment on avoiding the 10% penalty on early IRA withdrawals.

- The story of one person who got through college with no debt.

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

https://toursbylocals.com

http://www.stuffa.us/

https://www.tripbeat.com

https://www.m1finance.com

 

386: Dave and His Wife Need Tips for Successful Budgeting

Mar 19, 2018 39:45

Description:

- Dave (Ontario, Canada) is getting his wife on board with a budget and has some questions about making it work. Katie and Scott break down what it takes to make budgeting as a couple work.

- Ric (San Antonio, TX) asks about my favorite sources for big brain reading.

- Laria just read The Four Pillars of Investing and has a couple questions about things that alarmed her.

- What advice do a bunch of fat cats sitting around talking about money have?

- George has a tip on beating IRA early withdrawal penalties.

- Scott attends an M1 Finance webinar and gives his opinion on the service.

Links mentioned on the show:

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https://novelinvestor.com/asset-class-returns/

385: What Are The Steps To Financial Independence?

Mar 16, 2018 39:45

Description:

- Food hacks that save time and money and are good for you!

- Another tale of the importance of planning and wills - this time from a hamburger restaurant owner.

- A 401(k) hack to sock away even more money for your financial independence.

- Katie is getting her real estate license, find out why.

- Lane wants to know the best way to get started towards financial independence.

- Deborah has an old computer and asks for budget friendly tips to keep from having to upgrade your hardware every two years.

- Diva asks how to have her money multiplied in a week or month.

Links mentioned on the show:

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384: Are You Living The Life You Can Afford?

Mar 14, 2018 39:45

Description:

- Where does your paycheck go and how long does it last? See how your spending compares to others.

- Choosing a lifestyle is important, and simple. It all comes down to choosing what you can afford. The big question is what can you afford?

- Katie shares how you can use Task Rabbit to find help - and make a little extra money on the side.

- Bernetta asks how do you cut the costs on debt and get it paid off without it being so over whelming.

- Another pump and dump scam with penny stocks has been busted.

- Surprise 3-day weekend trips from Pack Up + Go.

- Dan (Australia) is age 61 and just lost his job. He has little retirement savings and asks for some guidance.

- Have you heard of surprise vacations?

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

https://www.packupgo.com/

https://www.creditloan.com/blog/paycheck-purchases/

383: How To Pay Zero Taxes On Your Investments

Mar 12, 2018 39:45

Description:

- Scott just sold off part of his portfolio for other opportunities and paid next to nothing in taxes. Seeking financial independence? Then you'll want to know about this tax avoidance tip.

- A couple of mid-30-year olds have built up a net worth of $2.2M in just over 15 years. Learn their not-so-secrets.

- Lily (NYC) is 42 and $20,000 in consumer debt, living paycheck-to-paycheck and trying to raise a child. She asks if she should cash out her 401(k), file bankruptcy, or seek other options.

- Use Task Rabbit to save you time for your small handyperson jobs.

- Micky is 27 and asks how best to divide up his money between his employer retirement plans and his IRA.

- Lorraine has a fantastic resource if you're into shed building.

Links mentioned on the show:

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https://grow.acorns.com/3-millionaire-couples-who-started-from-the-bottom

382: When Should You Setup a Roth IRA?

Mar 9, 2018 39:45

Description:

- A majority of people would like to make more money but don't know where to start. Scott gives you the starting point.

- Cats that travel and the people who hate them.

- Tyler asks about when Roth IRAs need to be setup prior to making contributions.

- Wil has a Thrift Savings Plan and will begin getting RMDs in a couple years. He asks about the pros/cons of moving his money elsewhere.

- Adam has a pension with some options to select funds from a broker and asks how that might work out.

- George is a 60-year-old disabled vet and is barely getting by on disability income.

- Time hacks you can use when you're selling stuff.

Links mentioned on the show:

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Thrift Savings Plan (TSP) Info

 

 

381: If You Fail to Plan, Plan to Fail

Mar 7, 2018 39:45

Description:

- Scott lays out his plan for building the next generation of business owners.

- Nyota shares her thoughts on financial freedom and luck.

- Jeff (Tokyo) wonders about the best way to save for his young kinds retirement.

- Costco is rolling out grocery delivery.

- Andrea is approached about a virtual assistant job and asks if it's legit.

- Brennan is trying to put a little extra towards individual stock investing and asks how to do this and maintain his asset allocation.

- One-handed Shaquem Griffin did 20 bench presses at the NFL combine.

Links mentioned on the show:

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380: Tara Paid Off $200,000 In Student Loans!

Mar 5, 2018 39:45

Description:

- Tara (MA) is 37 and just paid her last student loan bill. Hear the incredible story about how she did it (and how you can too).

- Andy (College Station, TX) has multiple student loans and asks about the daily interest payments as they apply to the debt avalanche method.

- Mike is changing jobs and asks if its better to move his old retirement account into a traditional IRA or Roth IRA.

- Financial pied pipers get it right 40% of the time, here's why.

- Time for our U.S. listeners to check their employee withholding. You don't want a bad surprise for your 2019 taxes.

- Tejas says his life is very hard.

Links mentioned on the show:

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Updated IRS Withholding Calculator

379: The Billionaire Lunch Plan

Mar 2, 2018 39:45

Description:

- Who's ordering the caviar and King Louis IV whiskey for lunch? Not one billionaire.

- Jerry has two young kids and asks how best to invest for their future.

- Scott busts the myth on retiring at 30.

- Ant asks about the MLM Primerica.

- Jared inherits some HH savings bonds and asks about the taxation of redeeming them before maturity.

- Amazon Prime promos for when your order doesn't go right.

- What is the 40% rule?

Links mentioned on the show:

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National Geographic Expeditions

378: Should JT Look For A New Advisor?

Feb 28, 2018 39:45

Description:

- JT (Canada) and his wife are teachers and have been working towards a paid off home. They are trying to figure out how to guide their wealth building.

- Craig (North Dakota) put his Roth IRA funds in a bank and asks if it’s too late to put contributions in Vanguard.

- Katie shares a lunchtime salad hack.

- What are you doing with your extra paycheck money?

- Laura (Arizona) has three kids and her mother-in-law started 529 plans for each. She asks if she should contribute to the existing plans or start new ones.

- Eric is pitched on universal indexed life insurance and asks if its a good idea.

- Bob (New Jersey) has a comment on how to sleep well at night.

Links mentioned on the show:

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377: A Lesson on Diversification From Kylie Jenner

Feb 26, 2018 39:45

Description:

- Celebrity Tweets have been known to cause ripples in financial markets (including your 401(k)!). Hear about the latest one from Kylie Jenner.

- Nadira (Philadelphia, PA) asks if investing is the best way to make extra money.

- Have you considered a cash-out refi to make improvements on your home?

- Consumer Reports vs. the J.D. Power Associates Rankings for vehicle quality.

- Kylie Jenner sends a tweet and causes a $1.7B loss.

- Tony is 27 and wants to purchase a house in a couple years and asks where the money should be saved to get the best return at the lowest risk.

- Ivette is starting over after a job loss and asks about using Stash and how best to diversify.

Links mentioned on the show:

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376: Should Mike Sell His Truck Before He Deploys?

Feb 23, 2018 39:45

Description:

- Mike (San Antonio, TX) is deploying to Korea for a year and asks if he should sell his truck to get rid of the payment, knowing he'll need to buy a new one when he returns.

- There is a new IRS tax refund scam to be aware. Protect yourself and your elders!

- Curtis has $4,500 in vintage cash and isn't sure what he should do with it.

- Dan convinced his parents to get some professional advice for their retirement planning. Learn how you can make sure your parents have enough money for life.

- The blind bad figures out how to beat the market in a span of 10 seconds. You won't want to miss this!

- What is mailbox money and why should you get some?

- Eric was approached about purchasing indexed universal life and wonders if it's a good idea.

- Katie gets some advice on buying multi-family housing.

- Have you tried figuring out how your investments would look if you had bought them years ago?

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

Backtest your investment choices: https://www.portfoliovisualizer.com/backtest-portfolio

IRS Tax Refund Scam - https://www.irs.gov/taxtopics/tc161

375: Can You Increase Your Net Worth With Collectibles?

Feb 21, 2018 39:45

Description:

- Is it possible to make money with collectables like gold/silver, antiques, or paintings?

- Anthony asks about transferring an IRA.

- Gandolf is deciding where to keep his investment money.

- Crystal has a question on not getting ripped off with work from home businesses.

- If you're 50+ or your parents are looking to do something in retirement Scott has a resource for you to check out.

- Travel hack for saving money on your next car rental.

- Money saving hack for all the moms when it comes to school pictures.

- Do you know what your spending triggers are? @debtkickinmom on Instagram has some tips for you.

Links mentioned on the show:

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374: Monster Negotiators From Michigan

Feb 19, 2018 39:45

Description:

- Dolores (Michigan) shares a story about how a $108 car inspection saved her from buying a $5,000 lemon. Follow her tips for your next car purchase to keep from buying a dud.

- Kelly asks if mortgage accelerator programs worth $3,500 to cut years off your mortgage?

- Diea and his wife have credit scores in the 500s because of outstanding debts in collections. He asks if it's better to setup payment plans or do a lump sum payoff.

- Bologna magazine has their top picks you should ignore for 2018.

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

https://www.wikihow.com/Follow-the-Mortgage-Accelerator-Plus-Program

373: Edward Scissorhands

Feb 16, 2018 39:45

Description:

The magic penny is being used to rope people into multi level marketing. How the magic penny works its magic - for others.

- Edward Scissorhands wants to manage your money. Their illustrations only give you half the info you need so buyer beware!

- The new tax code takes away a deduction many people were counting on. How will it impact your taxes?

- Are you so broke you're eating bagged cereal?

- Tony is in Chapter 13 bankruptcy and is struggling to make the payments.

- Julie is age 53 and needs some assistance from an advisor to see if she is on track.

- Nikki (TN) asks what type of investing options are available for small business owners.

- How are real estate infomercials using returns to sound more impressive than the returns really are?

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

 

372: Stock Up On Canned Goods and Run To The Hills!

Feb 14, 2018 39:45

Description:

- Tyler earns thousands of dollars a month with Amazon FBA. Is retail arbitrage something you could do to make more money on the side?

- Lynn's boyfriend pays $5,000/year for prescription drugs and they have been charging it to a credit card. She asks if there are an assistance programs to help.

- What Prince can teach us about the importance of a will.

- Rita's husband just lost his job and is finding the ones in the salary range he desires require a degree that he doesn't have.

- Has the market really fallen that far?

- Amanda (Florida) asks if it's better to have one IRA or multiple IRAs.

- Brian has a paid off condo is almost debt free!

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

https://www.medicareinteractive.org/pdf/SPAP-Chart.pdf

https://www.medicare.gov/part-d/costs/coverage-gap/ways-to-lower-drug-costs.html

https://store.nolo.com/products/quicken-willmaker-plus-wqp.html

 

371: Best (Worst) of SAT: How To Teach Kids About Money

Feb 12, 2018 35:31

Description:

The crew has come down with the black death (flu). But we got the intern to sift through the archives to pick an episode that was slightly above average.

Here is the original show description:

- Make a spending plan like a pro.

- Derek (Nashville, TN) has a question on the future value of money.

- Aaron asks how to teach kids about money.

- Hameed (Baton Rouge, LA) asks what should I do?

- Roger (Cranston, RI) asks if he is on the right track.

- Dustin (Llano, TX) is looking to be debt free by 35 and has a question on goal setting.

- What did Picasso have to say?

http://scottalanturner.com/show142

Links mentioned on the show:

Latte Factor Calculator = http://scottalanturner.com/tools/latte-factor-calculator/
Investing Calculator = http://scottalanturner.com/tools/investing-calculator/

Links mentioned on the show:

This show originally aired September 21, 2016

370: What's The Best and Cheapest Way To Do an IRA?

Feb 9, 2018 39:45

Description:

- Chad asks about setting up a Roth/Traditional IRA to avoid getting fee'd to death.

- The good times caused one person to lose $4M of his own AND his friends and family's money.

- Julia is looking to become an author and wants to know how to get started.

- How is bitcoin doing for you? One person is counting on it for their pension.

- Adrian is 16 and would like to start investing but he's a minor.

- Jesse is about to have $85,000 in student loans paid off and asks about getting started investing.

- Last minute Valentine's day tips.

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

Vanguard UGMA accounts

369: Jess Asks Should You Invest Your Emergency Fund?

Feb 7, 2018 39:45

Description:

On today's show: Jess (New York) is getting ready to close on her first rental property and asks about investing some of her emergency fund in stocks.

- Jason would like tips on where to buy life and disability insurance.

- Quicken Basic for budgeting won't cut it for your reporting needs.

- JT is 24 and wants to build his credit history to get a home. He asks if paying rent to his parents without a lease will hurt his chances.

- Travel hacks to get discounted flying upgrades.

- Jennie owes the government $37,000 because her ex husband wasn't paying taxes, and she asks what she can do.

- How's that bitcoin investment treating you?

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

Check out this SNL skit

https://www.washingtonpost.com/business/economy/bitcoin-is-my-potential-pension-what-is-driving-people-in-kentucky-to-join-the-craze/2018/02/03/aaaea3be-05dc-11e8-b48c-b07fea957bd5_story.html?utm_term=.8952bd866700

368: Rachel Paid Off $70,000 And Is Debt Free

Feb 5, 2018 39:45

Description:

On today's show: Hear how Rachel paid off $70,000 in student loans, car loans, hospital bills, and credit cards.

- Jak (U.K.) has 4,700 in credit card debt and asks about balance transfers as an option to pay more towards principal.

- Gina is 60 years old and finds herself unemployed and asks for help on what to do.

- Bob (New Jersey) wants to know about the comparison between one big mutual fund vs. several smaller mutual funds that make up the same thing.

- February is clean your chompers month. Here is where to get dental discounts for your kids.

- You can know hear the Millionaire Money Minute every day on Alexa.

- Money Woman Abby shares the power of habit.

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

Amazon Alexa Daily

Bogle Heads Forum

Chart of asset class returns

https://www.adafoundation.org/~/media/ADA_Foundation/GKAS/Files/2018%20GKAS%20Product%20Recipient%20FINAL.pdf?la=en

367: Roth IRAs for 20 Year Olds

Feb 2, 2018 39:45

Description:

On today's show: The many lessons that can learned from a simple trip to the grocery store. Get your money bags open for all the tips!

- Carlos came up short in his bank account and got whacked with an overdraft fee. How can he recover the money?

- Are you saving or spending during these boom times?

- Raiin (San Antonio, TX) has relatives that are bad with money and wonders how he can help them.

- The Stupendous Yapi makes an appearance and another bold prediction.

- Jazzmine wants to know if you need qualifications to invest.

- Lilly (Pikeville, KY) is going through a divorce, unemployed, and is trying to figure out how to supplement her income.

- Matthew asks about starting a Roth IRA while he's only 20 years old.

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

https://www.mypetchicken.com/

366: How To Escape To A Better Neighborhood

Jan 31, 2018 39:45

Description:

On today's show: Payday lenders are getting a pass thanks to the dismantling of the Consumer Finance Protection Bureau. Your retirement plan will be dismantled next.

- Alan (Baraboo, WI) is trying to decide who to name as beneficiaries on his life insurance and pension.

- Gabriel is in her 30's and needs help understanding how to balance spending with unexpected events.

- Dan is 16 and trying to use his money effectively.

- Tiarra (Detroit, MI) hates where she lives and wants a better life for her husband and their four kids.

- Beam is a new savings account with a whopping 5% interest rate. Scott investigates if it's for reals.

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

Forbes IRAs and Trusts

Seven misconceptions about car loans

 

365: Should Voq File For Bankruptcy?

Jan 29, 2018 39:45

Description:

On today's show: Voq is in her mid 30's and her $25,000 in credit card debt has her lost and caused her to give up hope.

- Jeff (Singer, WI) is paying his financial advisor on commissions and is wondering how much it's costing him.

- Have you been pwned?

- Jessie (Rhode Island) is unsure of what to do after college.

- Brianna asks about dollar cost averaging and figuring out what an investment would really look like over time.

- Jason is 32 and has an old 401(k) but his new employer doesn't have a 401(k). He asks what he should do for investing.

- Social stocks might make you feel good, but you end up with less money.

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

S&P 500 Reinvestment calculator

https://haveibeenpwned.com/

364: Ash Won $120,000 Playing The Lottery

Jan 26, 2018 39:45

Description:

On today's show: Ash won $120,000 playing the lottery. The new money has caused a retirement saving issue he needs help solving.

- Beware of this money behavior that strikes this time of year and can hurt your finances.

- Blake is a junior in college and has enough money in a Roth IRA to pay off his student loans. He asks if this is a good idea.

- Mellisa (Takoma, WA) is 24 and shares some details on how she and her husband have banked nearly $250,000 for retirement already.

- Money Woman Abby on coffee vs. debt.

- BitCoin in your IRA?

- Karen has a 61 year old mom she's trying to help get started investing, because it's never too late.

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

The Moneyac Workout Playlist on Spotify: https://open.spotify.com/user/scottalanturner/playlist/7o5Wr0ku6PuJbQJY49QpPu

363: Five Finger FI Tips From The MTS

Jan 24, 2018 39:45

Description:

On today's show: Financial tips to build your wealth are everywhere if you're open and looking. Scott shares a few golden nuggets found at a recent weekend activity.

- Eric (York, Pennsylvania) and his wife want to prepare to leave the workforce early but they have all their money tied up in pensions and retirement funds that come with an early withdrawal penalty.

- Tilly and her husband have just crossed the $1M mark and are only in their 30s! She asks what should come next.

- Kim is having to support both her parents and sister and it's eating into her savings.

- Leah (Canada) has one credit card giving her trouble getting paid off and asks for help.

- LuLaRoe is under fire for their sales practices and fighting being labeled a pyramid scheme. Over 100,000 people have paid $5,000 or more to start their own business. What you need to know.

- The greatest exercise you can do today for your finances.

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

362: How To Celebrate Yap-entine's Day

Jan 22, 2018 39:45

Description:

On today's show: Creative and budget friendly ideas for things to do on a date night, with your kids, or friends. Valentine's day doesn't mean you have to break the bank.

- Sebastian is a high school senior, bored with school, and not sure what he wants to do.

- Hammer Time has a money saving tip for tax prep.

- Deanna the Dog Walker has a 2018 update.

- Susan is 62 and owes some debts to the Bank of Evil but can't pay them. They aren't willing to help her and she asks what she should do.

- Janus (anonymous) is a teacher with $178,000 in combined debt, no retirement savings, and asks for guidance in her situation because the debt has affected her health.

- A unique way to potentially make money with seat options (no, not those options trading thingys).

- Onimole (Ashland, OH) has a seriously ill father and asks how he can afford $17,000 a year for college.

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

Excel 1040

Seat options

361: Which Debts Should Ann Focus On First?

Jan 19, 2018 39:45

Description:

On today's show: There are two types of insurance that can make or break a financial plan, and very few people have them. Are you covered?

- Ann is about to be debt free and asks for some final advice on tackling her remaining debts.

- GIselle (Miami, FL) is juggling a lot of debts and Chapter 13 bankruptcy and needs some guidance on what to do.

- Anonymous has a company matched 401(k) to 6% and wonders why they keep bothering him to increase the contribution to 10%.

- Justin asks why people who draw Social security and Supplemental Security Income struggle.

- Monica (Ypsilanti, MI) is in a small town where jobs are hard to come by and is trying to get ahead.

- Max asks if Scott has found favor with the man-bun crowd.

- We tried Blue Apron, here's what happened.

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

360: Ric Is Researching Paying Off His House Early

Jan 17, 2018 39:45

Description:

On today's show: Ric (San Antonio, TX) has heard both sides of the argument of paying off your house early or investing, and wonders which is best.

- DJ (Cali) asks about the taxation of crypto currency.

- MoneyWoman Abby shares the true cost of fast food.

- Ty (Colorado) just graduated college and is almost debt free. He asks how to get start his adult life with a strong financial outlook.

- Please ignore the following terrible advice from certain mortgage lenders.

- Rob's wife has recovered from breast cancer but the treatment wiped them out. He has two daughters in college and asks for advice on how to recover financially.

- Grove is a new service for discount financial plans. Is it right for you?

- Simple things can improve your business dramatically.

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow1.com

Grove

359: Can Icheb Back Out Of An Insurance Contract He Just Signed?

Jan 15, 2018 39:45

Description:

On today's show: Icheb gets asked by a friend to attend an retirement planning meeting and gets pitched on a whole life policy. What does he need to know before making a decision?

- Melissa (Takoma, WA) and her husband are 24, and working on their plan for FIRE. She asks for some tips on where to allocate their resources to hit their 8-10 year plan.

- DJ asks how to put money away for his daughter that can't be touched and she can't blow.

- Nicole purchased a parka from Iceland and now it's falling apart. Customer no-service is no help, so she asks how to get a refund/replacement for her purchase.

- Employees at discount brokers are doing not-so-discounty things.

- The Swedish chef pays off $42,000 in debt.

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

Kiss Trust

 

358: Stardate 47634.44 The Trouble with Tribbles

Jan 12, 2018 39:45

Description:

On today's show: A look back at the bold psychic predictions of the past few years of the financial pied pipers. Their advice COST customers an average of $60,315.91. Be warned.

- Chad points out a no minimum fund from Schwab to roll a 401(k) into.

- Sharon saves $285 on a medical bill just by asking.

- Luke wants to verify that simple index investing is superior to 'good growth stock mutual funds pushed by the financial pied pipers.

- The great 2015 robo experiment has come to an end.

- Alexander has $40,000 in student loan debt, collectors calling him, and wants to free himself from overwhelming debt.

- Who Thought Cat Cafes Were a Good Idea?

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

Schwab Total Stock Market Index Fund

Active vs. Passive investing research studies:

https://advisors.vanguard.com/iwe/pdf/ISGIDX.pdf?cbdForceDomain=true
https://us.spindices.com/documents/spiva/spiva-us-year-end-2014.pdf
http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.479.3099&rep=rep1&type=pdf

https://www.wsj.com/articles/todays-catty-question-who-thought-cat-cafes-were-a-good-idea-1515513369

 

357: What Goal Should J. Focus On First?

Jan 10, 2018 39:45

Description:

On today's show: Jar Jar Binks (anonymous, parts uknown) is 25, earns $33,000/year and is trying to figure out how best to divide up his income.

- Dave (Bismarck, ND) parents must take required minimum distributions (RMDs) but don't need the money. He asks what their options are.

- 2018 is going to bring a wave of impressive investing returns you need to be aware of.

- Tara is trying to demolish her debts while still having a life and get out of living paycheck-to-paycheck.

- The word of the year that can make all the difference in your life.

- Scott ends his Betterment experiment. Hear why.

- Kevin is a high-school senior and shares what he's learned about money so far.

- Moneyacs share their 2018 big goals.

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

 

356: How To Get Started In Real Estate

Jan 8, 2018 39:45

Description:

On today's show: Have you heard of job insurance? It's time to seriously think about getting some to protect your greatest asset.

- Tax savings tip if you have young kids in private school.

- The Magnificent Yappi has another bold prediction come true. Send him your money!

- Jennifer wants a book recommendation about getting started in real estate.

- Tabasum has $8,400 in debt and can barely make the minimum payments to get out of debt.

- Nicole (Atlanta, GA) had her employer switch 401(k) providers and she asks for guidance on what to pick.

- Lottery winners are sharing their tips on how to win the next jackpot. Better listen to them!

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

http://www.lifehappens.org/

 

355: Charity Is Scared Of Forever Living Paycheck To Paycheck

Jan 5, 2018 39:45

Description:

On today's show: Charity is 48 and has $90,000 in student loan debt while making $15 an hour. She is desperate for some help to get out of debt and stop living paycheck to paycheck.

- Daryl's daughter is 22 and has $500 in an old 401(k). He asks what's the best thing to do with the account.

- Chad asks about the new Grove service for financial advice.

- How an animal hospital is beating the competition and what you can learn for your own small business.

- From waiting tables to growing dog treats, Jasmine Galligan turned her passion into a thriving business.

- Piyush is a student and wants to get started with investing. He asks about the safety of robo advisors for students.

- How to build lasting change in your life.

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

https://usegrove.com/

http://wet-noses.com/

 

354: Ric Asks How To Budget For Unexpected Expenses

Jan 3, 2018 39:45

Description:

On today's show: Ric is looking for the best budgeting tool and how to plan for unexpected expenses.

- Shirley (Galveston, TX) asks if there are additional benefits available beyond Social Security and disability benefits.

- Gandolf (New York) gets dividends from a brokerage account and asks what he can do with them.

- Scott (Parts Unknown) wants to know if it's better to contribute to a 457 or 401(k) if you're considering early retirement.

- Bateaux and his wife paid off $100,000 and is debt free!

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

Work part time and get free lodging around the world - http://wwoof.net/

Track your debt payoff for free - https://undebt.it/

Benefits.gov - https://www.benefits.gov

353: When Should You Drop Collision Insurance?

Jan 1, 2018 39:45

Description:

On today's show: Kevin chimes in on the new tax reforms and says Scott would be a good messenger for the white house.

- Dr J. asks at what point should you not get comprehensive and collision insurance on a car?

- Neimole (Papua New Guinea) asks about the difference between interest bearing accounts and buying shares.

- Hammer Time calls Scott out for buying cryptocurrency after advising against it.

- Use Credit Karma's tool to track down your unclaimed cash.

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

https://www.creditkarma.com/unclaimed-money

352: Best (Worst) of SAT: Tracy Needs Extra Income Because Her Husband Is Unpredictable

Dec 29, 2017 32:07

Description:

We're off on holiday this week. But we got the intern to sift through the archives to pick some episodes that were slightly above average.

Here is the original show description:

Topics: Topics: How do you decide if something is a good purchase?

- How to save money on a brand new car by custom ordering it.

- Jared (St. Louis, MO) asks about getting engaged.

- Tracy needs extra income because her husband is unpredictable.

- Justin (Chippewa falls, WI) has some blow money he wants to use for higher risk investments.

- Guinan (El-Auria) has a friend who can't break the broke feeling.

- One thing money can't buy.

http://scottalanturner.com/show104

Links mentioned on the show:

This show originally aired June 24, 2016

351: Best (Worst) of SAT: Justin Considers Where To Put Emergency Funds

Dec 27, 2017 30:18

Description:

We're off on holiday this week. But we got the intern to sift through the archives to pick some episodes that were slightly above average.

Here is the original show description:

Topics: 8 Travel Hacks for Any Budget.

- Is Groupon safe?

- Warning on investment roll overs.

- C. (Honolulu, HA) asks how to save taxes on a home sale.

- Justin (Chippewa Falls, WI) asks about putting emergency savings in a money market fund.

- Jeff (Tokyo, Japan) asks what is the best asset allocation.

- Teena (Oklahoma City, OK) has waning motivation after a medical situation.

- The invisible energy of dollar flow.

http://scottalanturner.com/show086

Links mentioned on the show:

FeeX

Save Money Traveling Like A Boss

This show originally aired May 12, 2016

350: The Year In Review And A Look Ahead

Dec 25, 2017 10:53

Description:

I checked my wall calendar. It does label December 25th as Christmas. Just a quick note of thanks from the team because I have no idea why you would want to listen to me today.

349: Grace Is Having A Hard Time Saving Money

Dec 22, 2017 39:45

Description:

On today's show: Scott explores more not-so-secrets of millionaires to build wealthy habits to get you to your own $1 million net worth.

- The myths of fake math and inflated returns.

- Chioma has $120k in student loans and is trying to buy a condo to reduce her rent expenses but can't qualify for a loan.

- Jeremy (Tennessee) asks about his options in his 401(k) plan and deciding on what's best.

- Grace and her husband are stuck in the paycheck-to-paycheck cycle and looking to get out.

- Mary asks about the Mint budgeting app.

- How to track down your lost cash.

- Walter has a paid off car!

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

https://www.creditkarma.com/unclaimed-money

348: How Should Chris Setup His 401(k)?

Dec 20, 2017 39:45

Description:

On today's show: Last, last minute gift shopping ideas both for the holidays and for future gift giving events.

- Shelley has a SEP IRA at work and is trying to decide between a Roth or Traditional IRA contribution.

- Chris is 25 and just starting work. He asks about how to set up his 401(k).

- Are you saving if you're part of the gig economy?

- Jemima has credit card debt and student loans but is also trying to pay for her daughter's tuition.

- Today's money hack is the importance of shopping around for a good contractor.

- Jasmine (United Kingdom) has $3,000 to invest but knows nothing about how to get started and asks if she needs an advisor.

- Laura asks if it's better to save Roth money in a regular investment account and then transfer it to a Roth account.

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

 

347: Should Steve Buy Bitcoin?

Dec 18, 2017 39:45

Description:

On today's show: The latest on the cryptocurrency mania. Should you get in? Is it a bubble? An investment? A fast track to riches? Scott separates fact from fiction.

- Allyssya is going through a trial separation and trying to figure out how to get out of debt on her income.

- Sara (Plano, TX) is scared she will run out of money now that her grace period has ended for her student loans.

- Hailee is starting college early while she's in high school and worries about figuring out how to pay for her degree.

- Yudit (Canada) is struggling to live off an $800/month pension and support herself.

- Walter has a paid off car.

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

Personal finance scholarship - https://scottalanturner.com/personal-finance-scholarship/

 

346: Last Minute Spending And Saving Tips

Dec 15, 2017 39:45

Description:

On today's show: Stasha (North Conway, NH) is trying to avoid breaking the budget and going into debt this holiday season.

- Shelby asks how to save up for the big things she wants.

- Troi's husband owns a business with his brother and are trying to figure out an exit strategy for retirement.

- Manny asks how did you go about determining your ratio of retirement savings versus traditional brokerage accounts or savings if you want to retire early?

- Katie (El Paso, TX) and her husband just moved across country and drained their savings. They are trying to figure out how to get ahead.

- Robert finds some sweet deals on sporting equipment on eBay.

- Win a $25 Starbucks Gift Card.

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

Sell your gift cards for cash:

https://scottalanturner.com/best-places-sell-your-gift-cards/

345: Seeds of Inspiration

Dec 13, 2017 39:45

Description:

On today's show: Life changing events can come from anywhere. What do you need to look out for to make sure you don't miss out on opportunity.

- Lisa has $182,000 invested with a robo-advisor and asks if it's better to move the money to a discount broker.

- Steve has a money saving tip on where to go to college for free.

- Zayd has $54,000 in debt and is trying to figure out how to save, pay off debt, and go back to school at the same time.

- Tiffany (Omaha, NE) is a single mom and trying to figure out what percent of money to invest in stocks.

- A new way to maximize your savings account interest rates.

- Kid friendly tablets for gifts.

- Jennifer has a warning for people with Health Savings Accounts.

- Another year end tax saving tip.

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

Legendary Trees

Intelligent Cash Management

 

344: Kibble Burger 2018 Psychic Predictions

Dec 11, 2017 39:45

Description:

On today's show: How college students can optimize their schedule and prepare for the workforce at the same time.

- Katie has a money saving travel tip for parents of small kids.

- Cameron is 17 and is concerned about how to pay for college.

- Charlotte is deciding on when to start collecting social security.

- Joshua (Mahomet, IL) wants to start a drone business but needs money to get it going.

- How much downpayment are people putting on homes?

- Kibble Burger's new guessing issue is out with loads of time wasters.

- Wells Fargo ripping more people off.

- Ric (San Antonio, TX) has a 21-year-old son and asks about buying a car for him.

- Aini is taking unpaid leave to figure out what to do in life and looks for some guidance.

- Are you dating yourself by carrying a wallet instead of a card case?

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

 

343: Eccentric Millionaire Will Sell You His Secrets

Dec 8, 2017 39:45

Description:

On today's show: Slim Sham James is at it again. Young and old alike are going to be losing money over this Piece of Something (POS) you need to be aware of.

- Charlie asks where to get back episodes for his employees to listen to.

- More year end tax planning tips for 2017.

- Lisa used to be a virtual assistant but now wants to move into getting paid to speak and asks how she could do it.

- Tom and his wife have $160,000 in retirement savings and ask how to grow the money over the next 10-15 years until retirement.

- Gary (Colorado) has a money saving tip on buying meat.

- R.S. has a parenting question about shaping kids' lives.

- Quote of the day from @Pink

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

https://www.quora.com/Is-James-Altucher-program-a-scam

https://pennystockwhizzkid.com/altucher-cryptocurrencies/

 

342: What Are You Worth?

Dec 6, 2017 39:45

Description:

On today's show: The importance of tracking your net worth and what it can reveal about your life.

- Janet is ready to pay off her last debt and become debt free but has a question on dealing with a debt in collections.

- R.S. argues how a new car or truck may save you money over a used car.

- A quick update on the new tax bill.

- Carlos (Italy) is getting started investing but has limited choices based on his country of residence.

- JP (Atlanta, GA) is struggling to pay off debt.

- The December Challenge is here!

- Why you need a guide in your life.

- Another example of bad marketing.

- Scott eats grasshoppers.

- An entrepreneur with autism starts his own business.

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

https://www.wsj.com/article_email/an-entrepreneur-with-autism-finds-his-own-path-1511752381-lMyQjAxMTI3NjI2NzIyMTcxWj/

 

341: Hot Tub Time Machine

Dec 4, 2017 39:45

Description:

On today's show: What a Turkey Trot and troublesome toddlers can teach you about personal finance.

- Dan argues a low interest rate loan for a car isn't a budget killer. Is he right?

- Yet another reason you need an emergency fund.

- Alex asks about dollar cost averaging and how frequent you should do it.

- Melodie (Lakewood, CO) and her fiance consolidated debts to find out they owe $40,000. She asks what she should do.

- Beth emails the Equifax CEO about the security breach and gets a quick response by avoiding customer no-service.

- Red alert warning - watch out for this eBay scam.

- Andy and his wife are debt free and paid off $195,000 in debt!

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

Marriage Kids + Money show

340: Best (Worst) of SAT: How My Cat is Making $30,000 a Year

Dec 1, 2017 30:54

Description:

After two-years straight, we're finally taking a week off. But we got the babysitter to sift through the archives to pick a few episodes that were slightly above average.

Here is the original show description:

Topics: How my cat is making $30k a year.

- R (YouTube) ask about withdrawing money from a brokerage.

- Omid (Camarillo, CA) has an update on a Roth IRA conversion.

- Steve (Austin, TX) wants to know the steps for buying a business.

- J.P. (Oklahoma) wants to break out of the corporate world.

- Adam asks for advice on how to invest $100,000.

- Sandy paid off two credit cards.

Links mentioned on the show:

BizBuySell

This show originally aired August 11, 2016

339: Best (Worst) of SAT: Are You A Gambler Or An Investor?

Nov 29, 2017 31:51

Description:

After two-years straight, we're finally taking a week off. But we got the babysitter to sift through the archives to pick a few episodes that were slightly above average.

Here is the original show description:

Topics: Are you a gambler or an investor?

- Shane (Oil City, PA) is getting frustrated with life and finding a job.

- Is it a good idea to sell your car instead of trading it in?

- The Lone Duck wants advice on selling on eBay.

- Peter (Canada) works part time in finance and wants to change employers.

- Pawan asks about time limitations for investing in Roth IRAs.

- A win from Aubrey (Liberty, TX)

Links mentioned on the show:

What is the difference between investing and gambling

This episode originally aired July 3, 2016.

338: Best (Worst) of SAT: How To Catch Up On Your Retirement Savings

Nov 27, 2017 32:06

Description:

After two-years straight, we're finally taking a week off. But we got the babysitter to sift through the archives to pick a few episodes that were slightly above average.

Here is the original show description:

Topics: What is retirement and how do you know if you have saved enough?

- Amy (Sonoma, CA) has a loan on her cash value life insurance, should she change policies?

- How to save on sporting equipment and shoes

- Steve asks if he needs an advisor.

- Darinae makes minimum wage and has trouble saving

- Debbie celebrates making some financial moves to help her get out of debt.

- Risk vs. comfort.

Links mentioned in the show:

Witt Actuarial Services

Glenn Daily

James Hunt

National Child Support Enforcement Association

This episode originally aired April 12, 2016

337: Black Friday

Nov 24, 2017 23:03

Description:

On today's show: A special edition of the show unlike any we've ever done before. When you're out and about shopping this Black Friday, get your laugh on.

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

 

336: Giving Thanks

Nov 22, 2017 19:04

Description:

On today's show: It's a special edition of the show. On this Thanksgiving Scott and Katie share what they are thankful for this year.

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

 

335: Nobel Proposal

Nov 20, 2017 39:45

Description:

On today's show: Smarty pants advice from the big brain trust that help us increase our wealth.

- Katy (Sacramento, CA) has $100,000 equity in her house but not enough to for a downpayment on a home in a nicer neighborhood. She asks what she should do.

- Try out FIRECalc to see how likely you are to run out of money.

- Mary and her husband have extra money to invest and ask where the next best place is to put it.

- Mac says you shouldn't invest in a 401(k). Is he right?

- Andy and his wife are debt free and paid off $195,000 in debt!

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

Marriage Kids + Money show

Fire Calc

334: How To Curb Overspending

Nov 17, 2017 39:45

Description:

On today's show: What are some shopping hacks you can use to help with overspending? Scott reviews a list of creative hacks that was published by Acorns and digs into which one really would help (or not).

- Amanda (Dallas, TX) asks for the service used to protest property taxes to save you money on property taxes.

- Discover the key to saving money at the grocery store.

- Laura asks for advice about quitting a job.

- Lorena is a stay-at-home mom with little savings and wants to learn about investing in stocks.

- Pizza! Pizza! The label cops are winning at your expense.

- Jen paid off $2,000 in debt by working overtime and selling stuff.

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

10 Creative Hacks to Curb Overspending

Property Tax Protest

333: Crazy Math: Pain vs. Pleasure

Nov 15, 2017 39:45

Description:

On today's show:

- Blinker is a new app to buy and sell cars (limited availability)

- Lena asks for an update on Scott's experience with Cricket wireless.

- Dwight shares a tip on where you can get 5% on your checking account.

- Omar is a general contractor with too much work and asks how to expand by finding good employees.

- Zulily is a great deal website for savings.

- Anonymous has a Discover card with a $6,000 balance and 23% interest and can only make minimum payments. They ask what to do about paying down the debt.

- Scam alert - another get-rich-quick scheme on the Internet.

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

Ultimate Checking Account

https://www.zulily.com

 

332: How Millionaires Spend Their Money

Nov 13, 2017 39:45

Description:

On today's show: Could you spot a millionaire in the grocery store? Probably not. Hear about what it takes to get to millionaire status and what those who have, spend their money on.

- A survey by T. Rowe Price shows parents raiding their kids college funds to pay for everything but college.

- Melissa is losing a second source of income and needs advice on paying off credit cards.

- Olga (Italy) is a scuba instructor barely getting by and asks for help on increasing her income.

- Are you letting security rob your ambition?

- Two facts about insurance everyone should now.

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

https://www.influencive.com/real-life-millionaires-spend-money/

 

331: Give Me Taxes

Nov 10, 2017 39:45

Description:

On today's show: What could be coming up with the new tax law changes and how will it impact your future income?

- John (Apple Valley, CA) asks about the proposed changes to 401(k) contributions and what the average person is putting away for retirement.

- Have you heard Chipotle will pay for your college education?

- Seth has a question about the proposed $500,000 mortgage interest deduction being floated in the tax overhaul plan.

- Jedi Knight has a new job and asks if his saving goals are appropriate.

- Justin read Tony Robbin's book and asks about the All Weather Portfolio.

- JM asks if SoFi is a good deal.

- How one man makes a living buying and selling clearance items at Walmart.

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

https://www.yahoo.com/gma/one-man-says-grosses-millions-reselling-clearance-items-145307272--abc-news-personal-finance.html

330: Weekend Wealth Warrior

Nov 8, 2017 39:45

Description:

On today's show: Scott rants on the lousy financial advice being given out on the weekend talk radio shows. What are people selling and what do you need to watch out for?

- Kirstie asks how to get enough money to pay cash for a $25,000 dump so she can fix it and flip it.

- Abby (New Zealand) and her husband earn $84,000/year and ask about the steps to save up for a house.

- Steve has just $20 to invest in Bitcoin and wants to invest more in digital currency.

- Now anyone can become a venture capitalist! Find out how.

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

Why you may want to contribute to your child's retirement

329: More Bad Financial Guru Advice

Nov 6, 2017 39:45

Description:

On today's show: The financial talking heads make a great living giving out controversial sound bites for the 6 o'clock news. Check out the latest round of advice and how it can harm your financial independence.

- Tim is newly married and works for a non profit. He asks about Public Student Loan Forgiveness (PSLF) to pay off his student loans.

- Greg asks Scott's opinion on Tony Robbins investment advice from Tony's book Money Master the Game.

- James (Boston, MA) earns too much for a Roth IRA and asks about putting some bonus money in a regular brokerage account instead.

- Another tale of someone creating a crypto currency fund to cash in.

- The story of Dave's Killer Bread and how the company giving a second chance to people with criminal records.

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

www.daveskillerbread.com/elizabeth

New retirement rules

328: American Idol

Nov 3, 2017 39:45

Description:

On today's show: Do you have a fear of being in front of a large audience? How about performing solo in front of 1,000 people? Scott shares the stage with a finalist from American Idol. Hear the story of how it all happened and breaking through limiting beliefs.

- Andrew (Wisconsin) has doubled his money in the crypto currency market and asks for advice on taking the money to pay off student loans or his car.

- Kevin has an insurance settlement for his kids and asks about what to do with the money.

- Michael owes a lot of back taxes and his accountant suggests he get rid of his car. Nobody will buy it and he wonders what to do.

- Dave's Killer Bread, making a difference in people's lives.

- Patricia turns sour dough bread into a big side hustle using Udemy.

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

Dalton Rapattoni

http://www.daveskillerbread.com/elizabeth

https://about.udemy.com/instructors/a-life-transformed-through-learning-and-teaching/

327: The Floor

Nov 1, 2017 39:45

Description:

On today's show: Yes, you really can do anything you set your mind to. Scott proves it in his own life by sharing the story of creating a parody of The Office.

Watch it now: https://youtu.be/MU8n9zrXK2c

- Scott rants about trial lawyers and the Anthem data breach that's paying out a measly $36 to people who had their personal information stolen.

- Brendon (Milford, CT) is underwater on a condo purchased in 2005 and is trying to figure out what to do with the property.

- What not to wear to a job fair.

- Elisa (Morristown NJ) asks about the pros and cons of having her mom superfund a 529 plan for Elisa's kid.

- A simple example of diversification to help you understand why it's important.

- An update on Melissa Thomas and how she funds her dream of seeing Elton John.

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

www.MelissaTheCoach.com

Fannie Mae Know Your Options

326: Appetite for Destruction

Oct 30, 2017 39:45

Description:

On today's show: What is your risk appetite? Are you betting with house money that caused so many people to see their 401(k) turn into a 201(k) ten years ago?

- Kristi (Washington, D.C.) can't find a rental property that follows the 2% rule and asks Katie for some real estate advice.

- Charmaine (Cape Town, South Africa) is a tour guide interested in starting a side job to make extra money.

- Manuel (Orlando, FL) shares his story about getting out of debt and starting over.

- An interesting take on how to get kids to reduce college costs.

- Tom is retirement aged, in debt, and funding the education of a girlfriend in Africa. Something doesn't add up here.

- The 2018 IRS limits are going up on some things. Find out what they are and why it matters.

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

Check your risk tolerance

325: Real Life Car Leasing

Oct 27, 2017 39:45

Description:

On today's show: Scott share's a Facebook conversation about leasing vs. buying a car. What did people have to say in favor and against leasing and were the statements accurate?

- Tristan (CA) provides a snapshot of his financial plan and goals and asks for feedback on it.

- Take the quiz - how financially literate are you?

- Jason is getting back on his feet after a divorce and is interested in where to save for his future.

- A. (Washington, D.C.) and his wife are in their early 30's and have a high net-worth. They wonder if they should pay more towards their house to get it paid down faster.

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

https://www.wsj.com/article_email/how-financially-literate-are-you-really-lets-find-out-1508421702-lMyQjAxMTE3NjIzMDgyMDAyWj/

 

324: Risky Business

Oct 25, 2017 39:45

Description:

On today's show: Most people are more concerned with paying off debt, saving, and investing when there is something lurking in the shadows that could derail everything. Are you aware of the holes that could destroy your lifestyle?

- Jaime's 81-year-old mother just sold her home and moved into assisted living. The costs are $4,000 a month and Jamie asks what they should do with the money from the sale of the house.

- Brian is 32-years-old and wonders if now is the time to sit out of the market since it's been running high for so long.

- Sheila (Orlando, FL) doesn't have enough money to handle bills, two kids, and paying down past debts. She asks for help on sticking to a budget.

- Are good investors really that good or just lucky? Scott proves what some perceive as brilliance is just luck.

- Why mistakes are important and you should be happy for them.

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

http://sharemoneyaz.com

 

323: Millionaires and Expecations

Oct 23, 2017 39:45

Description:

On today's show: The 2017 Fidelity Millionaire Outlook reveals some interesting information on how Generation X and Generation Y view their finances.

- Renee (AZ) is debt free except for her house and asks about where to put $900 extra each month she and her husband have in her spending plan.

- Jenn (Bay Area, CA) fully funded her Roth IRA at the start of the year and now she's over the income limit. She asks how to correct the situation.

- Are you in a job, a career, or a calling?

- Quote of the day from Thurston Moore, Sonic Youth

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

2017 Fidelity Millionaire Outlook

 

322: The $55 Cup of Coffee

Oct 20, 2017 39:45

Description:

On today's show: If you buy a $55 cup of coffee to impress people, are you all flash and no cash?

- Chris (Troy, AL)

- Amanda (Chalfont, PA) is 46 and asks if she is budgeting correctly.

- JJ (Austin, TX) has the option to participate in a ESOP and asks if he should or put money into other investments.

- Scott provides an update on getting an IRS pin to help secure your identity.

- What are the best cities for dog lovers?

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com and share on social, email, or by text.

Enjoy That Cup of Coffee! Your Total Comes to $55

https://www.rentreporters.com/
https://www.renttrack.com/
https://rentalkharma.com

321: Money A to Z - My New Book!

Oct 18, 2017 39:45

Description:

On today's show: I've written a book for children to help them learn about money! Find out how you can support the book.

- How your default behavior can help you build wealth.

- Tips for making this Thanksgiving with your family a pleasant one.

- The financial pied pipers are at it again trying to look brilliant with their cover-every-scenario advice.

- Katie gives an update on her rental home empire.

- The Bouqs service responds to Scott's bad flower experience. Find out how/if they made things right.

- Lucy is behind on her bills while working on her GED and applying for college.

- Rent the Runway now offers a subscription service for women to look nice while borrowing clothes.

- Dr. J is contributing 17% to his 457 plan and asks if it's better to stop contributing to pay off his consumer debt.

Links mentioned on the show:

Please support Money A to Z: https://scottalanturner.com/kickstarter

https://www.wsj.com/article_email/the-nobel-prize-for-clever-mind-games-goes-to-1507911227-kIyTDAtMU03QjFCNC0xNjQzWj/

320: Five Important Financial Lessons I Will Teach My Kids

Oct 16, 2017 39:45

Description:

On today's show: What financial lessons should kids learn that could change the course of their lives forever?

- Sherry (Canada) asks how to best prepare for the upcoming stock market crash.

- DJ starts using YNAB and finds some savings in his budget.

- Andrew is 21 years old and asks how credit cards can help someone.

- Adriyan is 21 and wants advice on where to begin investing and earning income.

- Joe (Farmington Hills, MI) has parents that are constantly leaning on him for money and needs help breaking their habits.

- Listen to my friend Chad Jeffers story about visiting wounded soldiers while he was touring with the USO.

Links mentioned on the show:

Please share the show by texting http://GetFR.com to 3 people.

http://chadjeffers.com

319: Flower Power

Oct 13, 2017 39:45

Description:

On today's show: Scott's test of a new flower delivery service results in a big fail. Get the update.

- Bouqs flower service update.

- If you are a business owner you need to hear this money saving tip on receiving important legal documents.

- M. has a question on converting Roth 401(k)s to Roth IRAs in order to withdraw funds early for financial independence.

- Another Equifax reveal on driver's license exposure.

- First time homebuyers may be tempted to use their parent's equity to make a cash offer on a home. Scott explains the pitfalls of this approach.

- J.T. shares a tip for an additional way to protect your identity.

- Chad (Central Valley, CA) has a friend that was awarded a $500,000 settlement and is trying to figure out what to do with the money.

- Seth (Birmingham, AL) asks about a portfolio breakdown he's created in his retirement accounts.

Links mentioned on the show:

Please share the show by visiting http://ShareTheShow.com

https://www.irs.gov/identity-theft-fraud-scams/get-an-identity-protection-pin

https://www.wsj.com/article_email/millennialss-new-weapon-in-bidding-wars-a-parents-home-equity-1507645135-lMyQjAxMTA3MjEzMDExMDA4Wj/?mg=prod/accounts-wsj

Designated Roth accounts

318: Step 3 - Profit

Oct 11, 2017 39:45

Description:

On today's show: Doomsday preppers, Zombies, crossbows, turning water into wine - the greatest explanation ever of the Backdoor Roth IRA.

- James (Thailand) is recovering from a bankruptcy and has a low credit score. He asks how he can get a loan to move back to the U.S. and get a car.

- Mantracker (Montreal, Canada) needs some tips on finding another job since his will be going away soon.

- Doug (Ohio) has a traditional IRA and asks about the tax consequences when converting it to a Roth IRA.

- Rebecca (Chicago, IL) wants to know if her money is diversified.

Links mentioned on the show:

Please share the show by texting http://GetFR.com to 3 people.

https://www.law.cornell.edu/cfr/text/26/1.402A-1

 

317: Dumb and Dumberer

Oct 9, 2017 39:45

Description:

On today's show: The fight is on to protect and destroy payday lending. Hear the stories of the players, the customers, and how it will touch all of our lives.

- Manuel (Orlando, FL) is currently in a low tax bracket and asks if tax loss harvesting would be beneficial or not to investing?

- A resource so you never forget flower delivery again!

- Andrew (parts unknown) is thinking about going to college and asks what if he chooses the wrong school or he finds out college isn't for him?

- Lonestar (Wyndham, ME) and his wife are both 45. They have a $175k mortgage and ask about using retirement and emergency funds to pay off or down the mortgage.

- Lulu has a brother in jail. She has power of attorney and control over his $95k 401(k) and asks how best to handle the money until he is released.

- Matheus has an invention but isn't sure on how to go about finding the right pricing since it's a new market.

- How just showing up can get you through a difficult time.

Links mentioned on the show:

Please share the show by texting http://GetFR.com to 3 people.

Flower subscription service

316: 733 Wedding Saving Plans

Oct 6, 2017 39:45

Description:

On today's show: John (Apple Valley, CA) has three young daughters and asks about the different college savings options between UTMA accounts and 529 plans.

- Walt (Denver, CO) is part of Gen-X and asks what is the fastest way to turn around a financial situation to achieve your goals quicker.

- The October challenge is here! How would you like to save $640 a year?

- Cathy (San Diego, CA) is in her 50's and owns multiple rental properties. She asks for feedback on her financial plan and paying off the homes.

- Amazon is hiring RVers for the holiday season. A great opportunity to earn some extra money!

- Gandalf shares his story of going from bankruptcy to a credit score of 700 in one year.


Links mentioned on the show:

Please share the show by texting http://GetFR.com to 3 people.

http://www.amazondelivers.jobs/about/camperforce/

 

315: Will You Survive The Coming Crash?

Oct 4, 2017 39:45

Description:

On today's show: - Will you be ready when the stock market crashes again? Discover the steps to take advantage of the next dip in the economy no matter where you are in your financial journey.

- Laria (Melbourne, Australia) asks about the academic research behind factor based investing and weighting certain sectors more heavily than others.

- Dave (Florida) asks for some insight into tax loss harvesting and if it's beneficial or not.

- Viviana (Evansville, IN) wants a job with freedom to travel abroad to visit her family.

- How to save big money on your next pet adoption.

- Financial advice from the players with the easiest job on the NFL.

Links mentioned on the show:

Please share the show by texting http://GetFR.com to 3 people.

http://www.espn.com/blog/detroit-lions/post/_/id/30970/meet-the-lions-punter-trying-to-keep-his-nfl-colleagues-from-going-broke

 

314: Straight Outta Compton

Oct 2, 2017 39:45

Description:

On today's show: - A listener from (Compton, CA) has an auto lease that is about to end and wonders if he should purchase or trade in the vehicle.

- Overcoming comparing yourself to others so you can be happy with where you are and with what you have.

- Alvaro is going through a divorce and had to declare bankruptcy. He asks about the steps to become financially independent.

- Kara is newly single and has a house she can barely afford. She asks for advice on paying the bills.

- 401(k) specialists that have a sense of humor.

- Watch out for these car sales tricks that cost you money.

- The Canadian Money Masters have paid off $15,000 of debt in the past year on their way towards debt freedom!

- Quote of the day from Steven Tyler.

Links mentioned on the show:

Please share the show by texting http://GetFR.com to 3 people.

 

313: Why-FI?

Sep 29, 2017 39:45

Description:

On today's show: How do people define financial independence (FI) and what are they really after?

- Ric (San Antonio, TX) is deciding between which mutual funds to select to balance out his retirement investments.

- Save money by eating breakfast for dinner.

- Wil had an overcharge at a hotel and asks how to best get it resolved.

- Scam alert - grandparents are being targeted to send money to get their grandkids out of jail!

- Utility bill savings that can add thousands to your wealth.

Links mentioned on the show:

Please share the show by texting http://GetFR.com to 3 people.

 

312: Choo Choo Choosing the Right 529 Plan

Sep 27, 2017 39:45

Description:

On today's show: What are the top rated 529 college savings plans and what are the best ways to pay for college?

- Ashley (Sterling Heights, MI) is heading to graduate school and asks about her investing options from her employer's 401(k) to getting into real estate.

- Lando (NYC) is looking to diversify and asks about a real estate investing service.

- Is it better to file your taxes jointly or separately if you're married?

- How do you know if you should cancel your whole life insurance policy? Kiplinger's Retirement Report confirms Scott's advice.

- Scott adds a warning about intrafamily loans when buying a house from a parent.

Links mentioned on the show:

Please share the show by texting http://GetFR.com to 3 people.

Tax filing jointly vs. married filing jointly

 

311: Recipe for Retirement Disaster

Sep 25, 2017 39:45

Description:

On today's show: The majority of people are prioritizing spending over saving for retirement. What does this situation mean to you or the people you know approaching retirement, and what can you do to make sure you have an awesome retirement?

- Priscilla is 30, self-employed, and has questions on which investing accounts to pick.

- Amazon Prime now includes free music (ok, this is old but have you tried it out?)

- Ashley (Sterling Heights, MI) is heading to graduate school and asks about her investing options from her employer's 401(k) to getting into real estate.

- Steffani has maxed out credit cards and asks how to say no to spending.

- Shocking retirement saving stats

Links mentioned on the show:

Please share the show by texting http://GetFR.com to 3 people.

Workers save more when employers tell them to

 

310: Beware the Trojan Horse

Sep 22, 2017 39:45

Description:

On today's show: Beware of various credit freeze products being pushed by the credit bureaus.

- Bela Oxmyx (Grafton, WI) has two kids in elementary school and asks if he should have a credit freeze put on them.

- Sky (Los Angeles, CA) has mom that is 66 who's only asset is her home. She asks how the family can work a deal to give mom money to live on while letting her age in place.

- A free browser tool you can use to keep companies from collecting information about you.

Links mentioned on the show:

Please share the show by texting http://GetFR.com to 3 people.

Stop Facebook tracking

National Family Mortgage

Reverse Mortgages, Wade Pfau

 

309: The Immortals

Sep 20, 2017 39:45

Description:

On today's show: Windbag Turner couldn't finish his points on staying young and fancy free in a previous show, so we continue on in part two of how to stay young forever.

- Francis (Upstate, NY) has some feedback to share on her experience with credit freezes.

- Do you know about all the extra benefits your bank offers?

- Star Lord (Colorado, Earth) asks where to park money for six years while saving up for a house.

- Tayyab inquires about my investing results in an attempt to make his own investing decision.

- Discover another important way to protect your identity.

- Are you overly worried about what people think about you?

- Marianne (Seattle, WA) has a large amount of equity in her home from the housing market recovery and asks if she should sell while the getting is good.

- Overcoming your demons.

Links mentioned on the show:

Please share the show by texting http://GetFR.com to 3 people.

http://www.collaborativefund.com/blog/overcoming-your-demons/

 

308: Mythbusting Identity Theft

Sep 18, 2017 39:45

Description:

On today's show: Scott from New York asks for more updates on the Equifax credit hack. What's real, what's fake, and are people trying to cash in on your money with fear based advertising?

- Emily (Philly Cheese Steak, PA) is a millennial and asks for advice on making smart money moves to get started.

- Can you get a deal on a vehicle if you pay for it with a credit card?

- Dr. J has an extended warranty for his truck which has paid for itself and asks if he should renew it when the term is up.

Links mentioned on the show:

Please share the show by texting http://GetFR.com to 3 people.

http://www.marketwatch.com/story/this-man-bought-a-45000-car-on-his-credit-card-should-you-2017-09-11

https://www.consumerreports.org/extended-warranties/extended-car-warranties-an-expensive-gamble/

 

307: Youth Serum

Sep 15, 2017 39:45

Description:

On today's show: What is one thing that can help you keep your sanity and your amazing good looks?

- Jan (Georgia) is 59-years-old making $10/hour. She says she has nothing to show for her life and asks what can she do now.

- Brennan (China) is 25 and living abroad. He has a follow-up question on what to invest in if you have a high risk tolerance.

- Aaron is going back to school and will have low income for the next couple years. He asks how to save taxes now by converting his tax deferred retirement accounts to a Roth IRA.

- Worldwide pensions are underfunded by how much? Watch out if you or someone you know is counting on a pension for retirement.

Links mentioned on the show:

Please share the show by texting http://GetFR.com to 3 people.

 

306: Frozen

Sep 13, 2017 39:45

Description:

On today's show: Don't fall for all the financial pied pipers telling you to buy credit monitoring. Scott lets you know how to protect your identity from the Equifax security breach.

- Nuno is selecting an investment account and needs help understanding the beneficiary options.

- Jim (Pennsylvania) is struggling to make extra income while he and his wife deal with upcoming bills.

- Will calls out Scott on growth vs. value stocks.

- Kelly (Wisconsin) and her husband have some stock certificates and wonder what they are worth.

- A simple way to protect your digital life.

Links mentioned on the show:

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Equifax security enrollment

305: The Rise of Autumn

Sep 11, 2017 39:45

Description:

On today's show: Adulting is hard. Especially after you've lived high on the hog for a while. Hear Autumn's story of trying to figure it out.

- Bill (St. Petersburg, FL) has a large amount of home equity and asks about selling the home to be debt free or hanging on to it.

- Don (San Antonio, TX) asks why people don't get out of the stock market when it starts going down.

- Walt (Denver, CO) asks for clarification on if working prior to full retirement age reduced social security benefits.

- The Chicken & Biscuit business building plan.

Links mentioned on the show:

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Cost of missing the best stock market days

How work affects your social security benefits

 

304: Paris Hilton, Blockchain Expert

Sep 8, 2017 39:45

Description:

On today's show: Throw common sense away! It's time to get our investing advice from celebrities.

- Tyrone (San Francisco, CA) is getting some financial gifts to purchase a home and wonders if the gift givers will be hit with Federal gift taxes.

- Jimmy (Phoenix, AZ) has an offer for a lump sum payment of his $21k pension and asks if he should take it.

- Cell phone savings with Consumer Cellular

- Ric (San Antonio, TX) asks if moving funds from a 529 plan to a Roth IRA makes sense to pay for college and have more flexibility.

- Nick contributes 20% to his employer's retirement plan and asks if the distribution between tax-free-growth and tax-deferred-growth is appropriate.

- Herb (Dallas, TX) has some restricted stock units he gets as part of his bonus and asks if he should hang on to them or diversify.

- Quote of the day from Seth Buechley

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Financial Aid Expected Family Contribution Calculator

303: Money Savings of The Future - Today!

Sep 6, 2017 39:45

Description:

On today's show: Tax hacks revisited to save you money in the future.

- Troy (Philippines) has three whole life insurance policies and asks if he can change them to term life.

- Diane (Ontario, Canada) is 52-years-young and asks about downsizing and moving into a mobile home in a trailer park to pay off debt and start saving.

- Travel Hack - How to fly to Europe or Asia for less.

- Seth (Birmingham, Alabama) is a recent graduate who is looking for feedback on his savings strategy of putting money into a Roth 401(k) or a Roth IRA.

- Brennan (American living in China) is 25, has $10,000 to invest and is trying to decide what set-it-and-forget-it method is best for him.

- Sunshine and her husband are debt free and have a $2M net worth.

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Show Resources: https://scottalanturner.com/show-resources

Quick tax-rate calculator

 

302: Wealth At Any Age

Sep 4, 2017 39:45

Description:

On today's show: Sure, Colonel Sanders built a fried chicken empire starting at age 65. But what can a 90 year old learn from a 20 year old about success? What can a 20 year old learn from a 90 year old about success?

- Akorem (anonymous) is running the math between a 15 year and 30 year mortgage and wonders which is better financially.

- (Not A) Sharp dressed man - where can you get a good-looking, cheap suit?

- Martin's friend has started Forex trading and Martin wonder's if it's too good to be true.

- Chris (Charlotte, NC) and his wife paid off $79k of debt in 2 years and now wonder where to put the money that was going towards debt payoff.

- Nikolas saved 500 Euro with the Save $1,000 in 1-week challenge.

- Shanna stars a side business and gets her first paid assignment after a little more than a month in business!

- Quote of the day from David Lee Roth.

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Stock market historical return investing calculator

Senior Wonders

301: Starbucks Money Lessons

Sep 1, 2017 39:45

Description:

On today's show: Hana thought her parents were crazy when they told her to get a job. Working at Starbucks at age seventeen opened her eyes to the struggles of other people.

- Beth (Auburn Hills, MI) has an option to purchase company stock at a 15% discount and asks if it's worth it.

- Jennifer (Hotlanta, GA) is earning some side income and asks how to pay estimated quarterly taxes, and what can be deducted as a business expense.

- Rakal (SoCal) is considering moving to the country of Texas. He asks about the property tax rates and how they compare to California.

- An Indiegogo FAIL to be aware of.

- Wish I Were Spock (anonymous) has a free spirited husband that doesn't contribute to the family finances. How should she bring him around?

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IRS Form for figuring out estimated taxes

Maximize the tax deductions for meals and entertainment

 

300: I'll Die In Debt

Aug 30, 2017 39:45

Description:

On today's show: Seventeen year old Steve has parents with split financial personalities. He's carving his own path.

- Beth (Auburn Hills, MI) was gifted some stock and wants to sell it and asks how to figure out the taxes she would pay considering she doesn't know how much the stock was purchased for.

- Mike contributed money to a Roth IRA and based on his estimated taxes this year asks if it would have been better to do a Traditional IRA, and if so can what can he do.

- Bob (Garden State) asks about the differences between growth, value, and blend mutual funds that he has in his Roth IRA and 401(k).

- Average household debt is approaching levels not seen since the last recession. What's going to happen?

- Seth (Birmingham, AL) asks if his fiance should open a separate Roth IRA.

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IRA Recharacterizations

 

299: Stone Age Patience

Aug 28, 2017 39:47

Description:

On today's show: A 50,000 ton rock structure built 5,200 years ago has a lot to say about its builders.

- How to survive a jerk at work.

- Annis is trying to break out of the paycheck-to-paycheck mode but her plan isn't working.

- Thor (Oslo, Norway) is 47-years-old, has $50,000 in debt and a $850,000 mortgage balance and asks how he should attack his debts.

- Linnis shares her financial journey as an encouragement to anyone who is struggling.

- Obi Wan asks what a proxy vote is and what you should do about it.

- What is a Certified Credit Repair Expert?

- Quote of the day from Helga (Vikings)

Links mentioned on the show:

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WSJ

298: The Babysitter Was Shot Dead

Aug 25, 2017 39:47

Description:

On today's show: Under extreme circumstances people will do extreme things to improve their lives. How a babysitter getting shot by a stray bullet changed the course of one family's life.

- Paul has some follow up comments on his diamond shopping expedition. What is Katie's diamond worth after owning it for 13 years?

- Zach (Pennsylvania) is a 23-year-old starting his financial journey and asks for feedback on his plan.

- Lal (Michigan) is considering switching financial advisors because she doesn't know if what she and her husband are invested in are the best options.

- Adelore has a follow-up question on spendthrift trusts and asks if they can be used while the grantor is alive.

- Nick is a pharmacist with $175,000 in student loans. He asks about the priorities of paying off the debts, saving for a house, and investing.

- Can you buy more happiness?

Links mentioned on the show:

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297: Hedge Fun

Aug 23, 2017 39:45

Description:

On today's show: How Steve hid in the bushes to help him land his dream job.

- Cammie (Heber Springs, AS) has a six-month-old and asks where the best place is to save extra money for him.

- Jesse (Colorado) wants to get started in rental properties and asks about liability protection and tax efficiency.

- What is a Certified Credit Repair Expert?

- Sarah has a question on Amazon Prime and if it's worth it to get for the discounts.

- Ric (San Antonio, TX) asks about the process from moving from one investment company to another.

- Wendy is a couple months behind on paying her credit card bill and asks how to get back on track.

- According to Consumer Reports who are the best and worst insurance companies?

- Jesse (Colorado) is financially independent and can tell his boss to stick it if he wants to.

- Quote of the day from George Moore.

Links mentioned on the show:

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296: From Socialist to Capitalist

Aug 21, 2017 39:45

Description:

On today's show: Steve was an 18-year-old working in a tourist information center. With an in-depth knowledge of Irish history, he was asked to lead a walking tour of French tourists. Hear how he turned this opportunity into his dream job.

- Kelly's husband borrowed $150,000 from his retirement to fund a friend's business. Twelve years later the friend owe's him $200,000. What should be done?

- A simple tip to increase your credit score.

- Mario is 40-years-old and asks if he should cash out his $26k 401(k) balance to pay off credit card debt.

- Ashley is trying to get over the last hump of being out of debt and asks for some help.

- What can a 30-year-old dolphin named Fungi teach you about investing?

- Tyler is the millionaire next door. Hear his story of becoming debt free.

- Quote of the day from Frank McCourt.

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295: Investing in Whiskey

Aug 18, 2017 39:45

Description:

On today's show: Scott shares why an opportunity fund can be an important part of your financial plan. And it should be fun!

- Katie shares a story on how it never hurts to ask.

- Kelly and her husband are in their 40's. They are working their plan but realize they are missing out on free money while paying down their house.

- An amazing hack to get FREE TV.

- O.J. is going to jail and asks how to prepare for being out of commission for a few months.

- Quote of the day from Maeve Binchy.

Links mentioned on the show:

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Dingle Distillery, Dingle Whiskey

294: 40 Shades of Green

Aug 16, 2017 39:45

Description:

On today's show: Scott and Katie are just back from their trip to Ireland. They share some of their stories about traveling and how they apply to everyday life.

- Kristie (Seattle, WA) shares a resource on passive investing.

- Another millennial who's giving millennials a bad name.

- Deborah (Pittsburg, PA) asks how to tactfully ask friends and family contribute to her 5-month-old's college savings instead of giving them more toys.

- Amanda has a husband who's not down with budgeting and asks for assistance in getting him to come around.

- A listener is starting an online business and has questions on setting up banking accounts and how to pay taxes.

Links mentioned on the show:

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NOLO Small Business Start-Up Kit

Jack Bogle interview

UPromise 529

Leaf College Savings

 

293: Rich Dad, Poor Mom

Aug 14, 2017 39:45

Description:

Topics: What impact did your parents have on your spending and saving habits? One of our scholarship applicants shares a story of divorced parents with polar opposite money habits and how those habits impacted their life.

- Jessica (Westhampton, MA) is running multiple businesses and concerned about how to make ends meet.

- Yet another reason to not buy gold.

- Walt (Colorado) watched a news piece on 401(k)s and asks how to prepare for the worst.

- Is your financial situation making you sick?

- How to get interest charges waived by asking politely.

- Excessive excess.

- Quote of the day from E=mc2

Links mentioned on the show:

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401K Fallout by 60 Minutes

Worried sick

292: You Can Avoid These Money Traps

Aug 11, 2017 39:45

Description:

Topics: If you're not careful there are several money traps you can fall into. Hear what they are and how to avoid them.

- Life Enthusiast (Bay Area, CA) asks for feedback on his financial situation and paying off a house to become debt free.

- Scott answers the call to make a handyman call to a rental house.

- Travel tips for going to a foreign country.

- A simpler way for you to break bad money habits so you can save more.

- Vickie asks for a comparison between the budgeting tools Everydollar and YNAB.

Links mentioned on the show:

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291: Are Flowers An Investment Or An Expense?

Aug 9, 2017 39:45

Description:

Topics: Do you really know the difference between an expense and an investment? Find out if your brain is fooling you instead spending more than you want to.

- Paul is looking for recommendations on where to buy quality diamonds online.

- Katie gives some resume tips on updating your resume (and making sure it's good).

- Kristina is an ER vet and has a warning about ordering pet medications online.

- Yes, stock picking should scare you.

- What does the projected cost of the new Apple iPhone do to your brain?

- How do you compare to the rest of the world?

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I Do, Now I Don't

Purchasing pet drugs online, buyer beware

Global Rich List

290: How To Choose Between A Roth vs. Traditional 401(k)

Aug 7, 2017 39:45

Description:

Topics: If you have to choose between a Roth 401(k) and a Traditional 401(k), which one should you pick? The results from a new research study are in and the answer will surprise you.

- A listener takes action and meets with an advisor.

- Why good budgets are selfish budgets.

- Katie's side business wins a $150,000 grant!

- How to hack your credit score.

- In his own words - Chris Peach and his wife paid off $52,000 in 7 months.

Links mentioned on the show:

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https://www.wsj.com/article_email/roth-vs-traditional-401-k-study-finds-a-clear-winner-1497233040-lMyQjAxMTI3MDI5NzkyNzc1Wj/

Government grants

National Registry for Adoption

Chris Peach

289: The Stealthy Killer of Budgets and Money Goals

Aug 4, 2017 39:45

Description:

Topics: Scott explores why people have a hard time doing what they know they should be doing, but still don't do.

- How to discover if someone shares the same money values as you do (before you get hitched).

- Shanna saved $300 in our savings challenge.

- Three financial tips for new college graduates.

- Scott gets pre-approved for $275,000 in business loans. Time to throw a party!

- Wall Street wants you to borrow against your investments. Why this is a terrible idea.

- Carlos (Argentina) is interested in investing but doesn't know where to start.

- LeBron James turns $1M into $35M from buying pizza.

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Pizza, pizza

101 Questions To Ask Before You Get Engaged

Borrowing from your investments

 

288: Why We Want Things We Don't Need

Aug 2, 2017 39:45

Description:

Topics: Can buying one new piece of clothing cause financial ruin? Hear the story of how It did for one person.

- D. (India) is 49 years old and asks for feedback on his financial plan so he can provide for his autistic daughter after he passes away.

- What to look for in private student loans.

- Linda (Arizona) is in retirement, living on social security, and stuck not knowing what to do.

- Everyone needs to know the most important words when dining out with friends.

- How your credit score affects a car loan.

Links mentioned on the show:

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287: Saving BIG While Starting small.

Jul 31, 2017 39:45

Description:

Topics: Hear the story of a homeless cocaine addict who became a millionaire. The secret sauce of building wealth isn't a secret.

- Dancer Jordan gives an update on his Canadian tour. He has a weird paycheck situation and asks how to budget for it.

- Seven of Nine got a newsletter saying ETFs would not be stable in the future. Could this be true?

- Another tale of employees making uninformed savings decisions that cost them plenty.

- What is it like to work for minimum wage?

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Dani Johnson, from Rags To Riches

 

286: Want To Buy A Lamborghini For Cheap?

Jul 28, 2017 39:45

Description:

Topics: The fake math behind leasing an expensive car. How to avoid the deception and becoming a victim of all flash and no cash.

- Adrienne is in deep credit card debt and asks for help.

- Nuno has a question on asset allocation for couples.

- Yelp for Banks - Big banks are looking to silent consumer complaints. But they are doing it for you of course!

- Robots might be taking your job over soon.

- Why you should switch to a credit union.

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Consumer finance complaint database

7 Steps To Leasing A Lamborghini

National Foundation for Credit Counseling

TIAA Annuity

285: #YODO What You Need To Understand About Money

Jul 26, 2017 39:45

Description:

Topics: What is YODO and what do you need to know about it?

- A new perk for business travelers.

- Peggy makes $41,000 and is a financial pinch being a single mom with three kids and a mortgage. She asks for guidance on getting out of debt.

- Laura (Texas) has an employer retirement plan with Vanguard and has been asked to switch. She thinks she might lose her job and wonders if she should wait it out.

- My Fearless Forecast - You're going to lose money if you listen to the financial talking heads.

- Tate asks what type of accounts have compounding.

- Red Alert! - A new scam for auto owners to be aware of.

- Grayson paid off $50,000 in debt!

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Upside Travel

Grayson Bell, Debt Roundup

284 Morning X: Relax Like Roger

Jul 24, 2017 05:42

Description:

Topics: What you can learn from winning a Wimbledon tennis title.

Links mentioned on the show:

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283: Do Cat or Dog Owners Make More Money?

Jul 24, 2017 39:45

Description:

Topics: Marketplace did a study comparing people with money and those without. What are the different characteristics of people between income levels?

- Sears is a sinking ship. What lesson can every generation learn from their failure?

- Nate is a 27-years-old chef and is looking for guidance on where to start investing.

- Supermodel Laura (Maryland) has a new job with no employer match in her 401(k). She asks if it's better to do a Roth instead.

- Manuel (Florida) is picking up a part time job to pay down debt and asks how it will impact his taxes.

- Should you buy college tuition reimbursement insurance?

- Who are Fama, French, Markowitz, and Sharpe?

Links mentioned on the show:

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282: There Is No Spoon

Jul 21, 2017 39:45

Description:

Topics: Financial independence is 20% knowledge, 80% behavior. Your brain can trick you into poor decisions. Watch out for these deceptions to keep more of your hard earned money.

- Ingmar lost $220,000 - the bulk of his savings - in a pump and dump scam. Could you be next?

- Pastors sue Coca-Cola in what could be the dumbest lawsuit in history.

- Ric (San Antonio, TX) asks for a financial check-up on his retirement savings.

- Laria (Melbourne, Australia) asks If everyone invests in index funds won't the market returns go down?

- DJ (Cali) leased an electric car and has come out ahead on the deal. He share's how he made it work.

Links mentioned on the show:

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Coca-cola lawsuit: http://www.theblaze.com/news/2017/07/15/pastors-sue-coca-cola-in-what-could-be-the-dumbest-lawsuit-in-history/

Present value of an annuity calculator

 

281: We're All Winners Now!

Jul 19, 2017 39:45

Description:

Topics: The Consumer Financial Protection Bureau and Department of Labor are fighting for working families. They won a couple battles. Now the losers are suddenly working in your best interest. Or are they?

- Amber's husband has three more semesters left to finish a master's degree. They just realized the degree won't increase his salary that much. She asks if he should drop out and cut their losses.

- Extreme Couponer Dolores does a July checkup - are you on tax track?

- Are you Wells Fargo customer? Get your piece of the $142 million settlement over fake accounts.

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401(k) and IRA Ripoffs

Student Loan Debt vs. Salary Calculator

Federal income tax calculator

 

280 Morning X: The Rock In The Road

Jul 18, 2017 05:41

Description:

Topics: Every obstacle presents an opportunity to improve your condition.

Links mentioned on the show:

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279: The High Cost of TV

Jul 17, 2017 39:45

Description:

Topics: Marketplace did a study comparing people with money and those without. What are the different characteristics of people between income levels?

- Ann (Lehighton, PA) is six years from retirement and has no retirement savings.

- The best places to retire (again).

- Cruising the high seas? You might be cursing the high seas after you hear what cruise lines are doing.

- One athlete is moving to another state to save $8.7M in taxes. Could you do the same?

- Chester is in some high expense investments and asks if they are appropriate.

Links mentioned on the show:

Please share the show by texting http://GetFR.com to 3 people.

TV Viewership and income: http://www.marketplace.org/topics/wealth-poverty/income-upshot

How giving up TV for a month changed my brain and my life - https://www.fastcompany.com/3060491/what-happened-to-my-brain-after-a-month-without-watching-tv

Fee only CFPs:

XY Planning Network - http://www.xyplanningnetwork.com/
Garrett Planning Network - http://garrettplanningnetwork.com/
NAPFA - https://www.napfa.org/

http://www.espn.com/nfl/story/_/id/19845375/the-oakland-raiders-moving-las-vegas-save-quarterback-derek-carr-upwards-87-million-taxes-2017-nfl

278: Today Is A Good Day To Die

Jul 14, 2017 39:45

Description:

Topics: A listener gets married and Scott shares the first money moves he should make.

- Jamie asks how to keep herself accountable.

- Katie discusses how to get rid of a bad contractor.

- Darwuin asks how best to max out his retirement accounts.

- Floyd Mayweather can't pay his taxes. How soon before he's broke?

- Life is about eating donuts.

Links mentioned on the show:

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277: 179% Richer Than Average

Jul 12, 2017 39:45

Description:

Topics: Maybe you have decided to buy into the get rich slowly savings philosophy. But is there a way to supercharge your savings and be better than average?

- Chell (New York) is 40 making $40k and asks how to finance her dreams of opening a business on an island and providing free education to children.

- Amazon is winning - at your expense. Find out how.

- Kevin has two young boys and is interested in opening custodial accounts for them. He asks what type of account he should consider.

- Cynthia has a way to make money that if you ignore you will repent!

- Scott shares the next hot stock tip nobody else is aware of.

- Alexis is 32 years old, married with kids, and deciding on how best to tackle $50k in student loans and two car payments.

Links mentioned on the show:

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Amazon pricing: http://www.investopedia.com/news/how-amazon-winningat-your-expense/

Problems with custodial accounts

276 Morning X: Call of Duty

Jul 11, 2017 14:30

Description:

Topics: Scott finds an injured animal on the side of a country road. Today's show: What do you do when nobody is around looking and can judge you?

Links mentioned on the show:

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275: Would You Rather Have More Time or More Money?

Jul 10, 2017 39:45

Description:

Topics: Every day you're faced with choosing between time vs. money. What are the factors to consider when deciding? How can the decision lead to more happiness?

- Our July challenge is here. Just one more! Day, that is.

- Ty (California) is confused on ETF investing vs. index fund investing.

- The days of the Honda Fit are now numbered. Katie has requested a new car.

- Nick has a friend who wants to buy a used car and asks for some tips on how to do it.

- Rich is a college junior and feels the stock market is too risky to invest in.

- Wendy moved her kids out of America. Here's what happened.

Links mentioned on the show:

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Parenting

Cost of missing out on the best days of the stock market

274: Practical Advice from Bajillionaires on How To Get Rich

Jul 7, 2017 39:45

Description:

Topics: Looking for a little inspiration from those who came from nothing and made it? Listen to what these famous people have to say about building wealth.

- Victor changed jobs and asks if he should take his old 401(k), cash it out and pay off all his debts.

- Jessica is a full-time college student needing ideas on how to save money.

- Gianluigi is contributing to a company IRA and asks if he can contribute to a post-tax IRA as well.

- Why do millennials (or anyone) love Olive Garden?

- Even historic landmarks are running out of money. What does it mean to your retirement?

Links mentioned on the show:

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IRA Aggregation Rule

Millennials love free bread sticks

Colonial Williamsburg has drained it's endowment fund

Using money you don't have quote

273: Financial Tips For New Graduates

Jul 5, 2017 39:45

Description:

Topics: What should new graduates know before heading off to college or heading out into the working world?

- David got a $20k raise at his current job. Discover how he did it.

- PackerFan (YouTube) has some confusion on picking between a Roth 401(k) and a regular 401(k) and future tax brackets.

- Lisa (Melbourne, AU) has an investment property that is cash flow positive but hasn't increased in value and asks if it's worth keeping.

- Red alert warning: Homeowners beware! Watch out for this trickery going around.

- Shari has a resource that will increase your credit score in 48 hours.

- Gary has some investments at one of the full service brokers and asks if it's wise to move the investments elsewhere.

- Dolores has a tip on extreme couponing.

- A 32-year-old real estate investor who is worth over $1M.

Links mentioned on the show:

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Abhi Golhar, Young Millionaire

 

272 Morning X: Baby You're A Firework

Jul 4, 2017 07:14

Description:

Topics: Hot dogs! Is there anything they can't do? Yes - build wealth.

Links mentioned on the show:

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271: Thou Shalt Not

Jul 3, 2017 39:45

Description:

Topics: What is Pascal's wager and how does it apply to managing your money? Wager right and you're sitting pretty. Wager wrong and your dead broke.

- An update on Scott's letter to AT&T's CEO regarding the overcharge on a cell-phone bill.

- Charlie asks about a particular investing app and if it's worth trying.

- The imperial federal government can change any rule or law at any time - how should you prepare yourself for the inevitable?

- Kevin (Seattle, WA) provides a detailed financial goals plan and asks if the steps make sense.

- Jake is concerned about his emergency fund not keeping pace with inflation.

- What are the millennials doing that bought Snapchat? Getting a hard earned lesson which is a good thing.

Links mentioned on the show:

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Witt Actuarial Services
Glenn Daily
James Hunt

 

270: Super Freak - The Role of Control

Jun 30, 2017 39:45

Description:

Topics: Decisions, decisions, decisions. What's it really take to control your finances? Scott shares how to use your inner control freak to get stuff done.

- Isaac asks about good investment funds for Roth IRAs.

- Sarah (Facebook group) wants to increase her credit score without going into debt.

- Jane (Boston, MA) is 25, has $90,000 in cash and wants to know where to put it and get good returns with low risk.

- Peppy has four kids and can't save money.

- Where to invest now? A look into the crystal ball of one of the major news rags and why you should continue to ignore the media.

- Aletta is on disability and a limited income and asks how to achieve financial freedom.

- App for getting more tax deductions.

- Linda (Bergen County, NJ) is 56 years of age, on disability and needs financial help.

- Starbuck (Cylon occupied Caprica City) is 35, has a variety of investment accounts and asks about how to manage them.

Links mentioned on the show:

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Track deductions year round

269: Your Magic Number for Retirement Savings

Jun 28, 2017 39:45

Description:

Topics: What do you need to consider when figuring out how much you need to save for retirement and if you're on track or have some catching up to do? Scott shows you how to increase your confidence for FIRE (financial independence, retire early) date.

- Daniel just graduated college, wants to get started investing but asks if he should wait since the markets are up.

- Beth follows our tips and saves money on her insurance.

- Cornelius is trying to figure out his 401(k) contributions based on his employer options.

- Angie (Dover, PA) has a pension and asks about the choice between taking a lump sum or not.

- Valerie and her husband have $120,000 in student loan and credit card debt, bring home $37,000, and wonder if they can get out of debt.

- Jessica has a 14-year-old son and asks if he can start a Roth IRA.

- Imani is 22 and tired of being a struggling college student.

- A millionaire by 40.

Links mentioned on the show:

Please share the show by texting http://GetFR.com to 3 people.

Retirement income calculator

Acorns, Four Young Millionaires

268 Morning X: $204,971.31 In Debt Paid Off

Jun 27, 2017 07:29

Description:

Topics: Hear the inspiring story of one couple that paid off a huge amount of debt and are now living debt free!

Links mentioned on the show:

Please share the show by texting http://GetFR.com to 3 people.

Claudia and Garrett's story: http://twocuphouse.com/2017/03/14/debt-freedom-oh-yeah/

 

267: Does Chocolate Milk Come From Chocolate Cows?

Jun 26, 2017 39:45

Description:

Topics: Scott looks at how some of our perceptions of people and things are not based in reality, and how it those beliefs can cost you money.

- Diane has open enrollment with her employer and asks about a new option called a Collective Investment Trust.

- Have you turned over control of your HSA?

- How you can save money on out of pocket medical expenses.

- How does your emergency fund stack up to the crowd?

- James is 39 years old and asks for a review of his financial goals.

- DJ (Cali) shares his experience - and warns others- about deferred interest on the payment for a replacement roof.

- Mara is living in chronic pain, makes $900/month and needs guidance to get ahead.

- Jason asks about the Robin Hood app for long term investing.

Links mentioned on the show:

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Millennials are saving more

Healthcare Bluebook

 

266: What Is An Adult Allowance?

Jun 23, 2017 39:45

Description:

Topics: What is an adult allowance and why should you have one?

- Ben has a follow up question on why you would want to finance a car for three years vs. five years.

- Laquita (Panama City, FL) is upside down on a car loan and isn't sure how to get out of it to lower her monthly payments.

- Manuel has a question on what holdings are.

- Phoenix Jet is retiring in a few years and is deciding on paying off his mortgage now or waiting.

- Does chocolate milk come from chocolate cows?

- Seema asks about converting a term policy to a permanent life insurance policy.

- DJ (Cali) shares his experience - and warns others- about deferred interest on the payment for a replacement roof.

- Mara is living in chronic pain, makes $900/month and needs guidance to get ahead.

Links mentioned on the show:

Please share the show by texting http://GetFR.com to 3 people.

 

265: Retire Faster By Downsizing Your Home

Jun 21, 2017 39:45

Description:

Topics: Living large doesn't mean living better. It usually means working longer to pay off a mortgage. Scott shows you how to live well while spending less so you can achieve your goals faster.

- Benjamin has a car leasing question specific to having a large family and needing a big vehicle.

- How advertiser's are getting you to spend more with clever descriptions.

- Amber has more bills than income and can't figure out how to get ahead when costs are going up.

- Andes (Ceshire, CT) has $25k in credit card debt and wants to know the calculations behind saving in a 401(k) and getting a tax break or paying down the debt.

- Tristan is 25-years-old and has questions on where to put his first investing dollars if he only has access to a bad 401(k) plan.

- Hear the story of how Scott rescued a baby deer.

- Danah (Chicago, IL) is a personal finance scholarship applicant and shares some great tips on money she's learned as a young adult.

Links mentioned on the show:

Please share the show by texting http://GetFR.com to 3 people.

Personal Finance Scholarship Application: https://scottalanturner.com/personal-finance-scholarship/

Seductive names make vegetables more appealing

 

264 Morning X: A Mother's Letter To Her Son

Jun 20, 2017 04:26

Description:

Topics: Hear the story of how a listener who was once homeless has turned her life around.

Links mentioned on the show:

Please share the show by texting http://GetFR.com to 3 people.

 

263: Less Isn't More. More is More. Minimalism.

Jun 19, 2017 39:45

Description:

Topics: Hardcore minimalists live with 100 possessions. Scott has that many things on his desk. But what can you learn from those that choose to see less as more?

- A new report shows you can't make minimum wage and afford a two bedroom apartment.

- What you need to watch out for with all credit card companies this time of year.

- Molly has $20,000 in student loans and asks if putting extra payments in monthly or in big batches makes more sense.

- Phillip asks if it's a good idea to invest in Bitcoin or etherium.

- Jennifer asks how to get started investing with a particular firm.

- Laura and Steve have improved their finances and decided to head to the beach during the week.

Links mentioned on the show:

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Minimum wage and renting

 

262: Rage Against The Machine

Jun 16, 2017 39:45

Description:

Topics: Scott goes undercover to research a new investment opportunity that is making the rounds on the Internet. Is it legit and can you make money?

- Naomi and her husband make a combined $200k/year and will receive pensions when they retire. She asks if she needs to contribute more towards her 401(k) savings and if so, how much.

- Adam has lousy investment options in his company retirement plan and asks how best to maximize his hard work.

- Peter is blowing up his budget by buying magic cards and needs some help with a spending plan.

- Mo has a lot of company stock that is doing well but knows letting it ride may result in crashing and burning. She asks for advice on diversification.

- Cherene's husband will be starting a job in six months and get access to a 401(k). She asks if she can start investing now and roll the money into the employer's 401(k) plan.

Links mentioned on the show:

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261: What Do You Do After You Reach A Big Goal?

Jun 14, 2017 39:45

Description:

Topics: Debt, saving, investing, paying off the house. What can you learn from the things you've already accomplished and how can you use those lessons for your future?

- Silva (Texas) and her husband are in their 30's, make $150k/year and have high interest student loans totaling $155k. She is concerned about not investing while paying off the debts and asks for guidance.

- This problem is keeping most Americans awake at night.

- Ashley is 30 years old and looking to start investing in her employer's retirement plan and has a question on the fund fees.

- If you retire later will you die earlier?

- Jorge is selling a rental property and will have enough cash to pay off his primary residence. He asks about his plan considering he has a car loan, no retirement savings, and wants to save for his kids college.

- Oscar asks about his employer's retirement options and which ones he should pick.

- Brianna (NH) shares her story on what she's learned about money growing up.

- Quote of the day from Grandma Moses.

Links mentioned on the show:

Please share the show by texting http://GetFR.com to 3 people.

 

260: Morning X: A View From The Top with Aaron Walker

Jun 13, 2017 31:57

Description:

Topics: My friend and business coach Aaron Walker joins the show to talk about his new book A View From The Top.

Pre Order the Book, Plus Special bonuses:

http://www.viewfromthetop.com/book

259: Is Managing Your Money the Secret to a Happier Home?

Jun 12, 2017 39:45

Description:

Topics: What are the three ingredients to decreasing money arguments at home (and increasing your happiness)?

- Did you know honey gives hope? How one company is making a difference globally.

- Mary hates her job and wants to work less and spend more time with her family. She is looking for advice on how to make the leap from the corporate grind.

- Computer is looking to get into the financial services field and wonders if the job interview they received is legit.

- Curt has $500,000 in combined debt, works two jobs, and is interested in getting started investing.

- Sarah just signed up to work with a Ferengi investment company and asks if she made a wise choice.

- Bron is in her mid 40's, owns nothing, is in debt, and is about to give up. She reaches out to get out of the dead end she's at.

- Nicholas shares a tip on how to save money on an engagement ring.

- Quote of the day from Sheryl Sandberg

Links mentioned on the show:

Please share the show by texting http://GetFR.com to 3 people.

Nature Nate's Honey

NFCC

Charles & Colvard engagement rings

258: Smells Like Teen Spirit - Estate Planning Nirvana

Jun 9, 2017 39:45

Description:

Topics: The Kurt Cobain estate has an estimated value of $450M, and there were many legal battles to get a piece of that pie. Scott covers what you need to know for DIY estate planning.

- Susan has a high interest student loan and wants advice on if taking out a 401(k) loan is a good idea to pay it off.

- Ludie is a broke college student who can't find money to fix the car and asks for help.

- T$ (Seattle, WA) has several retirement accounts from past employers as well as personal investing accounts and wants to if he should move them.

- Alex had to drop out of school because of a death in the family and is trying to figure out how to deal with student loan debt and the house he inherited.

- Joe (Wisconsin) has $70,000 in equity from his current house, $6,000/month after-tax take-home and asks how much his next mortgage should be.

- 5 Best Countries for Affordable Health Care in Retirement.

- Abrar will be returning to India from the U.S. in 5-7 years and asks about saving for retirement vs. saving to start a business.

Links mentioned on the show:

Please share the show by texting http://GetFR.com to 3 people.

WillMaker

Healthcare in retirement

257: Survey Says! What Do You Value More Than Your Salary?

Jun 7, 2017 39:45

Description:

Topics: Research by Glassdoor reveals the six most important things that make people happy at their job. Find out what they are so you can decide if where you work is leading you to a greater joy or if it's time for a change.

- Manuel didn't pay attention to his employer's retirement plan and has a bunch of random selections and asks how to fix it.

- Samuel (Sellersville, PA) has a brand new baby, $50,000 in debt, and is looking for advice on how best to tackle paying it off.

- Pattie and her boyfriend just graduated college and were talked into buying a whole life insurance policy. She asks if they made a wise choice.

- M is about to finish paying off some debts and wants to know where to start an IRA.

- Jayme (Staten Island, NY) can't find a job and is struggling to support two kids.

- Riker and Deanna (Gaithersburg, MD) are 36, have $435k saved in their retirement accounts and ask about the impact of the investment expenses over the next 20 years.

Links mentioned on the show:

Please share the show by texting http://GetFR.com to 3 people.

The whole story on whole life: https://financialmentor.com/financial-advice/life-insurance/whole-life-insurance/19216

 

256: Morning X: The Doughnut Dilemma

Jun 6, 2017 10:04

Description:

Topics: Mmmmm, doughnuts.

Links mentioned on the show:

Please share the show by texting http://GetFR.com to 3 people.

What the doughnut teaches about behavior economics: https://www.forbes.com/sites/roddwagner/2017/06/02/the-doughnut-dilemma-what-the-office-pastry-teaches-about-behavioral-economics/#1dbf50e41dbf

 

255: Silly Ways We Spend Too Much On Vacation (And How To Save)

Jun 5, 2017 39:45

Description:

Topics: Summertime is coming up and many people will be hitting the road for the family vacation. Discover how to have an awesome time while keeping more of your hard-earned money.

- A 95-year-old grandma managing a 36-unit apartment complex handles evictions by being polite, but firm.

- Chewbacca (Asheville, NC) is maxing out his retirement accounts and is deciding between paying off his house in the next five years or putting more money towards investing.

- Matt (Montana) has a business idea and plan he needs some direction with to get off the ground.

- Daniel is working full-time and a part-time job to get out of debt but is getting drained and asks how to get out of the hole.

- David has a problem teaching his son to take control of his finances and wonders what to do.

- JV is taking control of his 403(b) and trying to decide how to select the best investments.

- Nate is 36 years old and ready to get back into the investing game but isn't sure if the market is overpriced.

- Ann has a 20-year mortgage and is deciding between paying it off now or waiting another five years before she retires.

- Shane asks if storing an emergency fund in a Roth IRA money market account is a great idea.

Links mentioned on the show:

Please share the show by texting http://GetFR.com to 3 people.

 

254: What Do You Spend More On Than Your Retirement?

Jun 2, 2017 39:45

Description:

Topics: A lot of everyday expenses in life eat away at retirement savings - housing, childcare, expensive cat food. Scott shares some thoughts on where the money is going and how you can reclaim some of it.

- Criss (New York) got hit with some condo assessments and asks what the insurance policy will cover.

- Olivia (New Jersey) recently stopped working due to a car accident and isn't sure if she wants to stay in the profession she just graduated from.

- Gail is moving to low cost index funds and has questions about which funds to get into before making the switch.

- D'ante is in a low paying job, didn't get the last paycheck and asks about saving and spending.

- Jon (Columbus, OH) is picking from a high expense mutual fund or a low cost index fund and asks when the mutual is the better choice?

- Quote of the day by Jon.

Links mentioned on the show:

Please share the show by texting http://GetFR.com to 3 people.

 

253: What Kind of Spender Are You?

May 31, 2017 39:45

Description:

Topics: Hey big spender! Or little spender. Or middle-of-the-road spender. Or are you an ostrich spender? Knowing your spending philosophy is another great way to get a handle on your money or identify what makes your significant other tick.

- Shawn is a pharmacy manager making good money and asks about balancing paying down big student loans vs. investing.

- Al is a new parent struggling to make ends meet and wonders how he can get ahead to spend more time with his family.

- The NFL player earning $11 an hour.

- Seema is buying index funds from multiple brokers and wants to make sure they aren't the same thing.

- Linda (OshGosh, WI) is 56 and now on disability. She needs some direction on how to prepare for retirement with her existing savings.

- Josh (Los Angeles, CA) has a new baby on the way and his up and down income has him struggling to stay out of debt.

- Abby Lee is heading to jail! Scott will dance to that.

- Scholarship deadline is approaching - please spread the word!

Links mentioned on the show:

Please share the show by texting http://GetFR.com to 3 people.

NFL Player's $11/hour side job: http://www.espn.com/blog/tampa-bay-buccaneers/post/_/id/17068/nfl-players-11-per-hour-side-job-helping-those-who-cant-help-themselves

Personal Finance Scholarship

Health Savings Administrators

252: Morning X - Increasing Your Success From The Golden Rule

May 30, 2017 09:43

Description:

Topics: What is the golden rule on how does it impact business and your life?

Links mentioned on the show:

Please share the show by texting http://GetFR.com to 3 people.

Special music by 7's Catacomb

251: How Did Debt Become A Way of Life - A History (Boo!) Lesson

May 29, 2017 39:45

Description:

Topics: Your past successes and mistakes hold a lot of valuable lessons to learn from and help you make more informed decisions about your future. But have you ever asked yourself how did our society as a whole become so comfortable with having no savings and making debt normal? Scott takes you on a trip back in time to how we got to where we're at.

- May Challenge - Reinvent your stock replies.

- Becky (TX) is a teacher with a bad 403(b) plan and wonders where to invest her money for retirement.

- Melissa (CO) is 24-years-old and getting a new job. She asks about how to maximize tax savings on a salary/commission income.

- Loren (Grey Eagle, MN) is 40 years old and needs help deciding between two options for health care benefits she won't collect on until retirement.

- Abrar (Phoenix, AZ) is 26 years old and will be moving back to India in 5-7 years. He asks how best to manage his finances so he can start a business later.

Links mentioned on the show:

Please share the show by texting http://GetFR.com to 3 people.

 

 

250: How Much Money Can Discontentment Really Cost You?

May 26, 2017 39:45

Description:

Topics: Do you know the opportunity cost of the things you buy? The decision isn't about to buy or not to buy a $5 coffee or making more money. It's about how you can create the type of financial awareness so you can achieve your dreams.

- Sharon is 57 and lost all of her money to a fraudulent investor and needs help rebuilding her life.

- Theopolina (Rexburg, ID) asks how to build wealth slowly and not get rich fast.

- Shane asks why are people recommending robo-advisors when the data disagrees?

- Apollo starts his financial journey and shares the first step his family has taken towards financial security.

- How will your employer-sponsored retirement plan protect itself from being sued by the employees?

- Did you know you can be wealthy without money?

Links mentioned on the show:

Please share the show by texting http://GetFR.com to 3 people.

The Robo Report

249: 5 Countries Where $200,000 In Savings Will Last A Lifetime

May 24, 2017 39:45

Description:

Topics: If you plan on traveling in retirement but you're a little short on savings, moving someplace exotic can save you big money. Hear the top spots for limited retirement funds.

- Katie makes a trip to the courthouse steps to bid on some foreclosures. Hear about what she learned.

- Bryan (Chicago, IL) shares his tips on buying foreclosures and a story of a purchase that went terribly wrong.

- Michael is a real estate agent and explains what he does when looking at distressed properties.

- Mick is a chiropractor with $250,000 in student loans and looking to increase his income to get out of the hole.

- Dean has some debts to pay off and is looking to help his daughter start off on the right foot.

- Thank you for supporting the show and our ability to sponsor the One Less Orphan Fund.

- Companies are depending on you spending your tax refund on wants. This is wrong on many levels.

Links mentioned on the show:

Please share the show by texting http://GetFR.com to 3 people.

Bryan Sonn, foreclosure expert - http://www.gcrealtyinc.com/

Michael Kelczewski, real estate expert - http://www.michaelkelczewski.com

http://www.makrealtygroup.com

http://www.bfpsir.com

One Less Orphan Fund - http://www.onelessorphanfund.org/

248 Morning X: From Broke To Billionaire - Interview with Malone Mitchell III and Allie Jacobs

May 23, 2017 29:21

Description:

Links mentioned in the show:

The Mitchell Group - http://www.mitchellcg.com

Mitchell & Co Realtors - http://www.mitchellcr.com/

247: How To Track Your Net Worth And Why You Should

May 22, 2017 39:45

Description:

Topics: What is your net worth and why is it important to track?

- Can a HELOC protect your personal assets if your business is sued?

- Guillermo (Uruguay) wants to know my opinion on Franklin Templeton Investments.

- In pursuit of happiness.

- Dan (Limerick, PA) has a 401(k) match and a percent of his salary contributed towards his retirement. He wonders if directing some money to a Roth makes sense.

- Ghodaloo (Nigeria) has a wicked good investment opportunity.

- Kolt asks if having accounts at multiple robo advisors gains diversification.

- Alex (Stoughton, MA) has questions on the order to pay off debts.

- Killing fiduciary rule new DOL Chief's top priority. What it means to your retirement.

Links mentioned on the show:

Please share the show by texting http://GetFR.com to 3 people.

SogoTrade

246: The Problem With Compound Interest

May 19, 2017 39:45

Description:

Topics: There is a problem with compound interest calculators, examples, charts, and planning. It's not pretty if you're unprepared for it. In the best case scenario you could retire five years early and in the worst case you might have to work an extra five years.

- Pedro (Chicago, IL) is planning on buying a home in three years but is weighing the decision of investing or putting more towards a home.

- Chad (IL) is going to qualify for a Roth IRA and is deciding if it's worth it to get a tax deduction from his employer plan or contribute to a Roth.

- Horatio is wondering if mutiny at work is necessary to get market wages for his position.

- Adam (UK) asks about how to invest in Vanguard funds if he is outside the U.S.

- So goeth California, so goeth the country. When you die the government will want your estate to repay your medicare bills.

- A 30-year-old that spends $1,100 a month on take out.

- Keeping up with the Clowns.

- Gambit shares his life turnaround story from bankruptcy to a 700 credit score and $11,000 in the bank after just 12 months.

Links mentioned on the show:

Please share the show by texting http://GetFR.com to 3 people.

30 Year Old Spends $1,100 a month on take out

The problem with compound interest

245: Do You Know These Realities About Retirement Planning?

May 17, 2017 39:45

Description:

Topics: Do you, your parents, or grandparents have a financial plan that will last you a lifetime? Sadly most people do not. Discover the important facts about today's retirees and how to make sure you or someone you love doesn't outlive savings.

- Katrina paid off $60,000 in student loan debt and now gets to do what she loves.

- Courtney is 25 and has been in a dead end job for six years and is looking for a way out.

- Empower is a new banking app looking to make your financial life easier.

- Jimmy (Phoenix, AZ) is thinking about getting married but his fiance has $15k of student loan debt she's happy paying the minimums on. He asks what he should do.

- Dan is a freelancer struggling with spending it all now instead of saving for the future.

- Good old Snapchat is falling again. But don't worry if you're a 20-something and bought some Snap stock, because you've got it all figured out!

Links mentioned on the show:

Please share the show by texting http://GetFR.com to 3 people.

Katrina McGhee - https://www.kmcgheecoaching.com
kmcgheecoaching@gmail.com

TransAmerica, The Current State of Retirement

244: Morning X - OK Go

May 16, 2017 13:05

Description:

Welcome to The Morning X.

Featured music: Modern Myth

https://www.indiegogo.com/projects/modernmyth-new-full-length-album-music

243: Three Tips To Save Thousands

May 15, 2017 39:45

Description:

Topics: Simple things can unravel your finances. Hear about three things you may not realize are consuming your hard earned money.

- Troy is desperate to be debt free.

- Dave (Schwenksville , PA) is paying off a bankruptcy and struggling to plan together with his wife.

- Will (Ohio) is deciding between two health insurance plans and asks for some guidance.

- Thi asks about dividing up employer retirement savings between pre-tax and post-tax accounts.

- The NFL rookie who was living out of his truck for two months.

Links mentioned on the show:

Please share the show by texting http://GetFR.com to 3 people.

http://www.espn.com/blog/tampa-bay-buccaneers/post/_/id/16954/after-living-in-a-car-stevie-tuikolovatu-poised-for-next-adventure-with-the-bucs

242: This 2016 BMW Isn't New Enough

May 12, 2017 39:45

Description:

Topics: You won't believe how spoiled some kids are today.

- Looking for something unique to do? Airbnb is now offering experiences.

- One big investment firm drop popular mutual funds. Find out who and why.

- Nicolette (NYC) is in a high rent area and having a tough time saving money and getting out of debt. Guest expert Stefanie O'Connell gives advice on living on a budget in the city.

- Seema is 50 years old and has a 30-year fixed rate mortgage at 3.3%. He asks if a 15 year mortgage is better.

- Seema has an annuity inside an old employer's retirement plan and wonders if it makes sense to roll it over.

- Maximus (Phoenix, AZ) paid off $80,000 in student loans and is debt free!

Links mentioned on the show:

Please share the show by texting http://GetFR.com to 3 people.

Stefanie O'Connell - https://stefanieoconnell.com/

The Smartest 401(k) Book You'll Ever Read, Daniel R. Solin

 

241 How You Can Achieve Success In All Situations

May 10, 2017 39:45

Description:

Topics: Achieving a goal doesn't mean you've achieved success. Hear why two or more people can have completely different perspectives on something, and why it's important in your job and relationships to figure out what success looks like.

- Jennifer (Madison, WI) has $135,000 in student loan debt and asks about the pros and cons of waiting 25 years for the loan balance to be forgiven.

- JP (Houston, TX) has been putting money into a 401(k) and is considering switching it to a Roth 401(k) instead.

- Mark (Plano, TX) has excess funds in his daughter's college savings plan and asks if it can be applied to law school.

- Deanna the Dog Walker asks how much car insurance is enough?

- The rich are getting richer because they are living longer. What you need to know to stay ahead of the government.

- Shelly (Seattle, WA) has a follow up to her question on if she's saving enough in her SEP IRA.

Links mentioned on the show:

Please share the show by texting http://GetFR.com to 3 people.

Texas Tuition Promise Fund 529 Rollover - https://www.texastuitionpromisefund.com/content/after-you-enroll/cancellations-and-refunds/rollovers-to-another-529-plan

Why the rich get more from social security - http://www.investopedia.com/retirement/longevity-gap-why-rich-benefit-more-social-security/

240: Going From Broke To A Donut Millionaire

May 8, 2017 39:45

Description:

Topics: Andrew Ly immigrated to the United States from Vietnam in 1979 with $1 in his pocket. Today he heads a $100 million family empire making baked goodies which you've probably eating without knowing the history.

- Don is 67, in retirement and receives a pension and social security. He asks about how to increase his income.

- Jude has a couple stocks that have lost value and wonders about hanging on to them. Jude also has a big debt from taking on a kickboxing franchise and needs to grow revenue.

- Chris (Bay Area, CA) has a question on what the 'total' in total stock market means.

- Jason wants to know the difference between fee-based and fee-only planners.

- Is there free money out there kids are leaving on the table that could be used to pay for school? Hint - Yes! Find out where it is and how you can get some.

Links mentioned on the show:

Please share the show by texting http://GetFR.com to 3 people.

Christine Odle

239: Will You Be The Victim Of This Fraud Or Be Protected?

May 5, 2017 39:45

Description:

Topics: Shelly's grandfather was the victim of $60,000 in fraud by someone they trusted. You'll want to hear this incredible story of how the thieves operated and escaped and what could have possibly be done to stop it from happening.

- James asks how to control reckless spending and blowing all his paycheck.

- Gia is 17-years-old and is deciding between paying $30,000 a year for college or taking a gap year to establish residency in another state to pay in-state tuition.

- Marty (Hill Valley, CA) has an advisor recommending ETFs over mutual funds. What is the better investment option?

- Jennifer (Biloxi, MS) has a son heading to college and asks about co-signing a credit car

- Should an 18-year-old get term or whole life insurance?

- Did you get a tax refund or a tax bill this year?

- The Millionaire Next Door - Karan (age 29) and Trishla (age 27) share how they got to $1M.

Links mentioned on the show:

Please share the show by texting http://GetFR.com to 3 people.

Connect with Karan and Trishla:
MagFirst - http://www.magfirst.com/
Twitter - https://twitter.com/magfirstglobal
Facebook - https://www.facebook.com/magfirstglobal

238: Discover The Tricks Restaurants Use To Make You Spend More Money

May 3, 2017 39:45

Description:

Topics: You might not be aware, but restaurant owners have a bunch of tricks to get you to spend more money. Discover what they do and how you can avoid the traps of overspending.

- Reggie (Maryland) has an overseas girlfriend and isn't sure on his next steps in life.

- What can you learn from the Happy Days star who died after not living a life of happy days?

- Will asks about the pros/cons of paying off $150,000 of student loan debt quickly.

- The May challenge is here - how can you save money this month?

- Odo updates us on what he found out about his IRA rollover.

- Do you know the most common car financing scam?

- DJ (Cali) asks why I don't like Motif investing.

- Dancer Jordan got out of his comfort zone and is now realizing his dreams.

Links mentioned on the show:

Please share the show by texting http://GetFR.com to 3 people.

 

237: Did You Know 6+6=18?

May 1, 2017 39:45

Description:

Topics: Most people are terribly underfunding their retirement. What is the easiest way to save enough money for retirement so you don't run out of money before you run out of life?

- Shelly (Seattle, WA) has a SEP IRA and asks how long it takes for compound interest to start being obvious.

- Twitter Tango: Is using a Roth IRA for college funding a fool's game?

- Heather is 54-years-old with $150,000 saved and has a lousy 401(k). She asks where best to invest her money and if she can move it out of the 401(k).

- David shares his definition of financial freedom.

- Steve (Newport News, VA) needs direction on tackling his financial life.

- Auction cams?

- What are the pros and cons of long term care insurance?

- Jake shares his views on money as part of our scholarship program.

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Vanguard report on how people save

Supersavers

Money Chimp Investment Return Calculator

 

236: What Is The Value of Debt To You in Building Wealth?

Apr 28, 2017 39:45

Description:

Topics: Scott reviews a book that provides a road map on how to use debt to your advantage so you can accumulate more wealth. Will this map get you to where you want to go?

- Matt has a 403(b) and is not eligible for a Roth IRA. He asks if he can take money out of the 403(b) and do a backdoor Roth.

- If you're an AT&T wireless user you need to hear about this deal.

- Jason is starting a small business and deciding between a SEP IRA and how to invest on his own.

- Neelix asks about setting up an HSA.

- John (Ohio) wants to retire early and needs to withdraw money from his retirement accounts early.

- What might be holding you back from getting a promotion?

- Listeners share what their definition of financial freedom is.

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Comparison chart of Single 401(k) vs. SEP IRA

CareerBuilder survey on stumbling blocks to earning a promotion

IRS Rules for SEPP

 

 

235: 3 Important Life Lessons You Can Learn From a 3-Year Old

Apr 26, 2017 39:45

Description:

Topics:

- Seema is 50-years old and asks how to invest an HSA so it grows.

- Loren is 25 with $51,000 in student loans with varying interest rates and asks if it's a good idea to refinance them.

- Will paying a mortgage bi-weekly instead of monthly save you money?

- Diedra accidentally put her family in debt and needs some quick cash.

- DJ (California) asks if having a HELOC just-in-cases is a good idea?

- Patriot with dyslexia has turned to helping kids read.

- Quote of the day from Ralph Waldo Emerson.

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How to pay off student loans faster

Patriots Malcolm Butler Teaching Kids To Read

234: How Teens Can Become Millionaires

Apr 24, 2017 39:45

Description:

Topics: Rethinking student loans and even car loans could cost your high school student $550,000 over their lifetime. That's a lot of pizza!

- Rafael (New York City, NY) noticed Warren Buffet takes massive positions in individual stocks and wonders why.

- DJ (Cali) has four taxable investment accounts and asks if there is too much overlap.

- Darren (Irving, TX) earns $75,000/year and asks how much house he and his girlfriend can afford.

- Michaelina needs help sticking to her budget.

- How soon can you buy a house after a foreclosure?

- A money saving tip on car rentals.

- Megan shares the money lessons she learned growing up, submitted as part of our scholarship program.

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Caleb Maddix, The Extraordinary 14-Year-Old Entrepreneur

Backdoor Roth conversions

Bankrate mortgage calculator

Embracing your inner child

233: Jedi Mind Tricks Used By Retailers

Apr 21, 2017 39:45

Description:

Topics: Discover the pricing tricks used to convince you you're getting a good deal, then learn how to defend yourself from spending too much.

- Have you heard you make over six figures a year flying drones? Hold up, it's not as easy as the ads make you believe.

- Elaine (Greenville, SC) is graduating from medical school and is seeking out ways to make income without sitting in a lab checking on bacteria samples.

- Ralph has a 403(b) and not much else in the way of reducing his current taxes and wants to know if there are other options.

- Starr's business has a SEP IRA setup by a full-service Grinch that is robbing her retirement savings.

- What does Experian's state of the automotive finance market say about our spending patterns?

- Wonder woman (Northern Virginia) is 33, her husband is 35 with a net worth of $850k. They max out their retirement savings and ask about their next steps in investing.

- The way of the pirate.

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Experian State of the Automotive Finance Market

232: Using a Roth IRA to Pay For College

Apr 19, 2017 39:45

Description:

Topics: Some experts say to pay for college with your Roth IRA, while others say a 529 is best. What are the pros and cons of each and which is best?

- Tips for acing final exams.

- HW is working with a fee-only planner who got him into some funds owned by the advisor's company, and asks if this behavior is normal.

- Ashley wants to know how to stop compulsive buying.

- Nicole (Columbus, OH) and her husband earn $200k a year and asks about how to prioritize their retirement account contributions.

- C (Maine) has over $1M in net worth and asks about estate planning, living wills and revocable living trusts.

- What do teens want?

- Larry and his wife paid off $192,000 in debt!

- Quote of the day from Zig Ziglar.

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Roth IRAs Knock Out 529 Plans

529 Plans Trump Roth IRAs

231: The Goldilocks Approach To Home Buying

Apr 17, 2017 39:45

Description:

Topics: Scott shares tips on how to spend less for a house and end up with more home and more money.

- Digit app will now start charging $2.99 a month.

- Anne asks which IKEA kitchen designer we used for our fixer upper.

- Dan (Limerick, PA) needs a new roof and wants to know how low to go when negotiating.

- Kurt asks why there are contribution limits to retirement plans to prevent people from saving more.

- Cherene is improving her finances and wants to know the best way to become a master of her money.

- Kristine shares a money saving tip on where to rent just about anything.

- How cocoa can make you broke. Yay for chocolate!

- Quote of the day from Bill Earle.

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Loanables

230: Small Changes That Lead To Big Savings

Apr 14, 2017 39:45

Description:

Topics: Mona saves $3,000 in the savings challenge. Little savings here and there add up to big bucks over time.

- Marty McFly (Hill Valley) shares his financial positions and asks Scott to poke holes in it.

- Aaron (Hotlanta, GA) has a car loan, mortgage, and student loans and asks about prioritizing investing over his debts.

- Kurt (Yorkville, IL) asks my opinion on Acorns.

- Jay's mom is 67 and is considering her insurance options.

- Daphne asks about insurance policies you can take loans against.

- Where does the 3-month minimum of emergency fund savings come from?

- What is the Rule of 10 and how can you use it to make better purchasing decisions?

- Sarah paid of $30,000 in debt!

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229: Lifestyles of the Debt-Free and Infamous

Apr 12, 2017 39:45

Description:

Topics: Scott reveals the characteristics of debt-free people and what their lives look like.

- Rich can't see the power of compound interest working in his investments and asks if he's missing something.

- How to save money on home alarm monitoring.

- Cherene is on fire to get out of debt and start investing. She asks about Schwab vs. Vanguard.

- Fiona (Ewa Beach, HI) asks how to send a student to school and not take on $20,000 in student loan debt each year.

- Sachi has $280,000 in student loan debt and asks about how to get out of debt and afford a house.

- What states have the most millionaires?

- Capital One credit card hacks.

- Jeanine is struggling with pop up expenses like medical bills and groceries and asks for how to handle it.

- Shauntel shares what she learned about money.

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Capital One Travel Hacking

228: Superhero By Day, Gentleman By Night

Apr 10, 2017 39:45

Description:

Topics: Scott talks about his family outing to the city landfill, how most of our stuff will end up there, and how consumption is linked to becoming rich. And of course Iron Man is thrown in for good measure.

- Sarah (BBQ Capital of the World) is deciding on which budgeting app to pick.

- Examples of how companies are making us spend more money.

- Jeff (Asunción, Paraguay) is 35 years old, working abroad, and is figuring out if he can skip paying capital gains taxes on some investments.

- Jennifer has $183,000 in student loan debt and trying to figure out how to attack them.

- Dustin paid off $40,529.32 in debt!

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Taxes for Expats - https://www.taxesforexpats.com

227: Live Long And You May Not Prosper

Apr 7, 2017 39:45

Description:

Topics: Scott shares the M.A.P. principle to help you achieve your retirement goals.

- Phoenix Jet has an AA Advantage card and is deciding if it's worth to change to something more favorable to travel.

- Our April challenge is here!

- Victor has a questionable 457 plan and asks if he should stay in or switch to putting money in a Roth IRA.

- Another reason why commissioned salespeople should be avoided.

- Roger is a Gen-Xer and shares his goal of having $3.2M by retirement.

- The imperial state overlords of California bumped up the cigarette tax in CA by $2 a pack, will it cause people to save more money?

- One billionaire lost a bunch of investor money, what can you learn from it?

- Juan (Florida) shares what he learned about money as part of our scholarship contest.

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Trinity Study on Safe Withdrawal Rates - http://afcpe.org/assets/pdf/vol1014.pdf

226: The Men Who Set The Rule On Retirement

Apr 5, 2017 39:45

Description:

Topics: How much money do you need in retirement so that you don’t run out of money before you run out of life? And where does that number come from?

- M works for a railroad and has a question on employee stock purchase plans.

- Bill (Maryland) is deciding on the financial choices between buying a house in neighboring states where there are different property tax rates.

- Justin asks for some clarification on picking the right investment mix.

- Chris gets a win by using BillShark to save $1,000 a year.

- George responds to another listener's situation and let's him know he is not alone in dealing with a spouse with mental health issues.

- Aubrey (Texas) has a mom who wasn't good with money and her mom is considering selling her house to Aubrey at a discount. What are the issues that could come up?

- Quote of the day from @ElvisPresely

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Trinity Study on Safe Withdrawal Rates - http://afcpe.org/assets/pdf/vol1014.pdf

If You Can - https://www.etf.com/docs/IfYouCan.pdf

225: Our Fixer Upper is Now Fixed - The Story and Lessons Learned

Apr 3, 2017 39:45

Description:

Topics: Rock star real estate investor Katie has completed her rehab project of her 1950's house and shares the good, the bad, and the ugly.

- Kelly got laid off and asks for suggestions on transferring her old 401(k) from her previous employer.

- Jason started tracking his expenses and found out pizza was eating him instead of the other way around.

- Justin is trying to set up a three-fund portfolio but doesn't have the minimums required and asks about what alternative he should do.

- Miriam has a Thrift Savings Plan with a company match and needs to decide what percent should go towards pre-tax vs. post-tax contributions.

- Abdulah (Saudi Arabia) is working for a company that will be split off and he's getting a severance package. He asks what to do with the money.

- Shelley is in her 40's and has some BP stock she lost money on and wonders if it's time to take the loss and move on.

- Laura (Arizona) got an $80,000 inheritance in 2013, invested it with a financial adLIEser and it's now worth $86,400. Listen to hear if she was taken for a ride.

- Chris used Bill Shark to save over $1,000 on his cell phone and cable bills.

- George (anonymous) writes in to encourage another listener who has a wife with a mental disorder.

- Quote of the day from @SammyHagar

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224: G.O.A.T Food

Mar 31, 2017 39:45

Description:

Topics: Scott announces his brand new discounted home delivery food service.

- Why paying attention to your reward points on your credit card can save you money.

- Rhonda has $5,000 in medical debt that is holding her back and asks what to do about it.

- Darren (Winnipeg, Manitoba) and his wife are deciding between paying down their primary home, getting a rental home, or investing their excess cash.

- Sylvia shares how timing the car buying market saved her big bucks.

- Emily (Massachusetts) is applying for scholarships and wants some tips on how to pay for college.

- Starr has 15 credit cards and asks about having too much credit available if she plans on getting a mortgage.

- No. 1 Question Asker Rafael asks why Warren Buffet tells people to do passive investing when he (Warren) does active investing.

- Jay (Philippines) sold his refrigerator to pay off a medical debt for his grandpa.

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223: How To Have A Financial Plan Like A Billionaire - For Free

Mar 29, 2017 39:45

Description:

Topics: Scott shares a recent conversation he had with someone that created a financial plan for a client that just became a billionaire. Hear about the simple philosophy of how the ULTRA RICH manage their wealth and how you can apply the same principles to your own finances.

- The 19-year-old millionaire who's on his way to being broke.

- Chris has a wife with a mental illness and is having challenges trying to get out of debt.

- Princess Leia is moving from American Funds to Vanguard next year and is deciding between waiting to put the money work or let it sit in cash.

- How did the Eton Park hedge fund do compared to the boring old stock market last year?

- Miguel wants feedback on the Robinhood app for investing.

- Bryan (Saco, Maine) is unloading a rental home at a loss and asks about the tax implications.

- Brian and his wife paid of $10,000 in debt!

- Quote of the day from @MichaelHyatt

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- Cuban slugger orders ten exotic cars

- $7 Billion Hedge fund shutting down

- National Alliance on Mental Illness

 

222: Behind The Scenes Of The Things Coming Up

Mar 27, 2017 39:45

Description:

Topics: How can you improve any area of your life? Scott shares what he did in he's doing in his business to take it to the next level. The same principals can be applied to health, relationships, careers, business, and more.

- A simple negotiating tip.

- Chase asks how to get smarter with money if you're living paycheck-to-paycheck.

- El Toro is in great financial shape but needs some investing advice.

- Alison has tried multiple ways to make a budget work and asks for help.

- Rebecca is paying down her debts but still feels like she's playing catch-up.

- Mr Gym (Northern Virginia) needs some help picking between different investment options at Vanguard.

- Jeremy is living at home and asks about knocking out debt or moving out and getting an apartment.

- Snapchat had it's IPO. Who's buying the stock and why?

- Congrats to Sarah P. who won the $100 Amazon Gift Card

- Quote of the day from @DaveMustaine

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221: Stunning Advisor Meetings That Actually Happened

Mar 24, 2017 39:45

Description:

Topics: Brad (Hotlanta, GA) gets a rude awakening when looking for financial help. Scott shares insider information on the financial advisor industry.

- One couple's picnic turns into a money saving tip for you.

- Dalton recently signed up for a 401(k) and is interested on finding income through investing.

- Karl is with a credit union that is pitching him on a low mortgage loan and he asks if it's too good to be true.

- Bryan is making $30,000 at age 25 and asks about saving priorities.

- Geordi is considering a cross-country move and wants to know what he should consider when making the decision.

- Rashad (Norfolk, VA) is 25 and in good financial shape. He asks about getting started in real estate investing.

- Ashley is pretty good with money but wants to be debt free.

- K'mpec moved to a brand new town and is feeling down about the move. She asks about improving her job situation.

- Miguel (El Paso, TX) shares his debt success story.

- Quote of the day overhead at Walmart.

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220: When Is The Right Time To Have An Amazing Life?

Mar 22, 2017 39:45

Description:

Topics: Mark (Michigan) is deciding on having a mission of leisure.

- Lee (Kansas City, MO) asks how much of a young person's investments should be in international stocks?

- Forget Helium, is it time to buy either?

- Roger (Orlando, FL) asks about the power of compound interest if you have multiple investments.

- Austin and his fiance are considering a home purchase in the future and ask about how canceling a credit card would impact their credit scores.

- Chris has a high expense target date fund in his 401(k) and wonders if picking other lower cost mutual funds would be better.

- What is the most important home buying question you can ask?

- Michael shares his debt success story.

- Quote of the day from Marilyn Manson.

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Joshua Becker on home buying advice

219: Budgeting Sucks!

Mar 20, 2017 39:45

Description:

Topics: Trey and his wife are looking for the perfect budget for them. He's heard a lot of different approaches and asks about the 'no budget' philosophy from some financial experts.

- Alli is on fire and paid off $22,000 in debt.

- Dale has $750,000 invested and is trying to figure out if he can retire if he spends $30,000/year.

- Mike is getting started investing and asks about the Stash app.

- Yahya (Mauritania) has meteorites for sale.

- Caroline (Jekyll Island) is late to the investing game and trying to balance saving for retirement and a potential house downpayment.

- Rachel is trying to save my by quitting smoking.

- Don't feel bad - even high income earners are defaulting on their student loans.

- Quote of the day from Gwen Stefani.

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SoFi's Losses Pile Up

How to quit smoking

 

218: The 25 Highest Paying Jobs in 2017

Mar 17, 2017 39:45

Description:

Topics: Scott reviews the latest high-paying jobs for college graduates. Plus the story about one woman who's happy sitting in a box all day earning $53,000/year.

- Felicia needs help with credit card bills, student loans, and pay day loans.

- Sandy is 63 and still working on overcoming impulse spending.

- Chris asks if employer stock purchase plans are worth it.

- Anne (Wyandotte, MI) is 23 and needs advice on investing or paying off her student loans.

- Diego (Bolivia) and wants to learn how to invest if you live outside the U.S.

- Kaycee picks up a $2,000 wine fridge for free. What are the three P’s of getting a deal?

- Mortgage lenders are fear mongering to get you to refinance.

- Quote of the day from Bon Jovi.

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Callings: The Purpose and Passion of Work: https://www.amazon.com/Callings-Purpose-Passion-David-Isay/dp/1681682168

ESPP are a no brainer

217: Jobs That Pay Over $50,000/Year Without A Degree

Mar 15, 2017 39:45

Description:

Topics: You may have been brought up thinking a college degree was the path to building wealth. Scott shares some of the many jobs that don't require a degree. Plus how one teacher made $4 million/year tutoring others in English.

- Warren Buffet's latest comments on how the common person should invest.

- Justin has $30,000 in a 401(k) to rollover and asks how to minimize the tax hit on with a Roth conversion.

- Anonymous asks about investing if you only get paid enough to make ends meet.

- Scott calls out more idiots using fake math to line their pockets (and empty yours).

- Jared (La La Land, CA) works for the film industry and has 50% of his income going towards rent. He asks how to get out of debt if you have capped income and high rent.

- Karin switched from Acorns to Betterment and wants help understanding how to stay on track with her investments.

- Petra gets a win by using a bonus to pay off credit card debt.

- Quote of the day from Bruce Dickinson of Iron Maiden

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This tutor makes $4 million a year

216: Graduating High-School At Age 21 To Becoming A Millionaire

Mar 13, 2017 39:45

Description:

Topics: Scott tells the store of a man held back in school three times, graduating high-school at age 21, who stuttered, had epilepsy, and still went on to grow a multi-million dollar business.

- Steal my business: Scott shares a business idea you can have.

- Humberto gives us an update on his financial situation and asks about target date funds.

- Lesego is failing at saving money and needs financial advice to improve the situation.

- Mark is 27, lives with his parents, earns $42,000/year and asks about the best way to pay off his debts.

- Grace (Canada) has a 13-year old with autism and wants to know the best way to invest to provide for her son later in life.

- Teal'c (Chulak) is unloading expensive toys and wonders about paying off a boat with cash makes sense.

- Dianne is 52 and an empty-nester and wonders if she should sell her house.

- Marc (Michigan) is leaving his job and looking for advice on how to find his next thing.

- Quote of the day from Spock

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RDSP Institutions

215: How Buying Based On Price Can Cost You More Money

Mar 10, 2017 39:45

Description:

Topics: Scott explains how price and cost are different and how you can apply that knowledge to purchases, asking for a raise, hiring people, or making more sales.

- Megan's husband received some stock options and they have several questions on how they work.

- Justin needs help finding good people to grow his business.

- Samin is struggling with making payments to creditors due to a job loss.

- Krista just graduated college and asks for some budgeting tips.

- Lael is deciding between debt consolidation or using the debt avalanche to pay off debts.

- Red alert warning: A financial advisor rips off an unsuspecting customer for $1,500 of her hard earned money.

- Three quick debt success stories of people who decided to ask for help.

- Quote of the day from H. Jackson Brown Jr.

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214: How To Guarantee You Won't Go Broke In Retirement

Mar 8, 2017 39:45

Description:

Topics:

- The Stupendous Yappi once again gets another prediction right and shares how you can profit from his psychic ability.

- Another pension plan bites the dust and its the union members who are paying the price for mis-management.

- Bart (Orlando, FL) is a bartender with inconsistent income and needs a good way to budget. Genevieve is an independent contractor with the same situation.

- Nick reported using Credit Karma free tax service he got a higher return back than last year when he used a pro.

- Steve asks about ETF newsletters and if they are worth the cost.

- Neil (Minneapolis, MN) works two jobs and can't find the time with his wife to budget.

- Homeowner tip for new buyers and current home owners.

- Stefanie asks where to put an emergency fund.

- Loren (Grey Eagle, MN) has a pension and wants a way to calculate the net present value.

- Brian (Cheesehead, WI) has a lump sum to invest and asks if it's better to do dollar cost averaging (DCA) or get the money working all at once.

- Is my wife's local advisor charging unfair fees and taking advantage?

- Quote of the day from ???

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N.Y. retirees struggle to survive

25 ETF newsletters

Vanguard Dollar Cost Averaging Study

Calculate the present value of an annuity or pension

213: Finding Happiness

Mar 6, 2017 39:45

Description:

Topics: Scott shares the story of how he once lost a basketball game 108-12 and how the biggest competition in your life isn't what you think it is.

- Trish is a photographer who always ends the month in debt and asks how to make more money while pursuing her passion.

- Justin is 30 years old with $50,000 and is deciding if he should put money into a Roth IRA or put the money towards real estate investing.

- Mario is in debt and wonders if he should just stop paying on his credit cards.

- Juliana is spending 2/3 of her income on rent and doesn't know how to budget for her situation.

- Samuel (Parts Unknown) is an international listener and is looking for free ways to invest.

- Nuno and his wife are debt free and want advice on the next step after maxing out retirement accounts and paying off their homes.

- John isn't happy with his investing returns and wants to know how to increase them.

- Grace (Canada) is interested in socially responsible investing and wants my take on it.

- Are you putting your raise to work?

- Quote of the day from W. James Bragg.

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Putting your raise to work

212: The Secret Hidden Charge That Can Cost You Thousands

Mar 3, 2017 39:45

Description:

Topics: Scott reveals another hidden financial cost Wall Street and commissioned salespeople don't want you to know about. He comes up with another classic food analogy to make it 5th-grade simple.

- Is your bank pushing you into the wrong products?

- Natalie has a great income but can't real in her spending.

- Rebecca has some debt to get out of and wants to start investing.

- Julian has a 457 plan and wants my thoughts on the target date fund option in it.

- Mike has been digging into his wife's 401(k) plan and doesn't think he's getting the best returns.

- What do you do with your raises and bonuses?

- Bart (Orlando, FL) has a 6-year old that may have autism and he wants to know how to provide for her later in life.

- Rich wants to automate his budget and learn about working from home.

- Russell is coming out of bankruptcy and working towards being debt free.

- Walter is going to save $2,000/year as a result of the Save $1,000 challenge.

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ABLE United, Florida 529 ABLE

Shedding light on the costs of trading in actively managed mutual funds

JP Morgan fined yet again

211: Would You Jump Off A Perfectly Good Cliff?

Mar 1, 2017 39:45

Description:

Topics: Scott's afraid of heights but it didn't stop him from parasailing off a 1,000 FT cliff in Switzerland. How can you overcome the fears of the decisions you're making today that will ripple through the rest of your life?

- Adam (St. Louis, MO) is 29 with 3 kids with a lot of financial priorities and needs some guidance on ordering them.

- JohnnyIPA (Lincoln, NB) has a follow up question on his whole life insurance policy and the cash value inside it.

- Josh is starting to earn a good commission at his job but has a problem with overspending.

- Medical marijuana ETFs are coming - what's all the buzz about?

- John (Ohio) is 56 with $600k in a 457(b) and asks about recommended stock/bond split for his age and retirement goals.

- Phil has maxed out his Roth IRA and wonders where to put extra investment money.

- Helen (BBQ Capital of the World) is having challenges focusing on paying down debts.

- Chris has a HELOC about to reset to 8% and wonders what he should do about it.

- Quote of the day from Steve Vai.

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Jump off a perfectly good cliff

Whole life insurance

210: How To Take Early Retirement Account Withdrawals Penalty Free

Feb 27, 2017 39:45

Description:

Topics: Matthew is married, age 36, wants to retire early, and asks how to fund early retirement before age 59 1/2. Scott explains how to pay the bills while waiting to withdraw from a 401(k), including how to take money out of tax-deferred retirement accounts before age 59 1/2 penalty free.

- Can buying a boat give your family financial protection if you get hit by an asteroid?

- Steve asks about budgeting and the leading tools.

- Confirmation that you can withdraw contributions (your basis) from a Roth IRA at any age tax and penalty free.

- Lore (Columbus, OH) needs help with asset allocation and picking the right stuff in their available investments.

- Rita (Portugal) has a mortgage with 9% interest and is deciding if she should invest or not.

- Elaine says she can’t afford to invest because she doesn’t want to lose money. She can't afford not to.

- Walter is age 43, wants to retire at age 55 and asks which index funds I recommend.

- What do you do with your raises and bonuses?

- Quote of the day from Jimi Hendrix.

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IRS Form 8606, Distributions from IRAs

Retire early and avoid 401(k) penalties

De Giro Portugese Brokerage

 

209: How I Saved $1 Million

Feb 24, 2017 39:45

Description:

Topics: Five 401(k) millionaires share their not-so-secret strategies to reaching the $1 million milestone. They range in age from 49-64.

- Jason asks if he has a credit freeze will Credit Karma still be able to monitor my credit?

- Tracie is looking for healthcare options if you can't get medicare.

- One tip to help raise your savings.

- Dave asks if ETFs or mutual funds are better for a three fund portfolio.

- Michael says you cannot take a principal only withdrawal from a Roth IRA and not get hit with a penalty. Is he correct?

- Ann asks how to get her husband on board with the plan.

- Twitter - What are my thoughts on the six month emergency fund?

- Tasha (Columbus, OH) and her husband paid off $19,000 in four months to become debt free!

- Quote of the day from Jean Luc Picard.

Links mentioned on the show:

Please share the show by texting http://GetFR.com to 3 people.

Money Magazine How I Saved $1 Million

Healthshare services

https://www.libertyhealthshare.org/Christian

IRS Ordering rules for Roth IRA distributions

How to get your partner on board with a budget

 

208: Nevermore

Feb 22, 2017 39:45

Description:

Topics: Scott lays out the things people of all ages should do to build and protect their retirement savings.

- Lori disagrees with me on getting term insurance for a stay-at-home parent.

- Alex is 16 years old and wants some saving tips.

- Erica asks if foreclosures and short sells are the most affordable way to accomplish purchasing rental properties.

- Neal has a bunch of student loan debt and asks if he should pay it off before investing.

- Viko is checking into trading FOREX.

- Lucas (SoCal) has a debt payoff plan but is concerned about not having an emergency fund during the 3-year payoff.

- Elon Musk isn't as smart as people make him out to be.

- Zach (Silicone Valley) is 30 and paid off $50,000 in debt!

- How much is enough?

Links mentioned on the show:

Please share the show by texting http://GetFR.com to 3 people.

 

207: The One Word That Builds Financial Independence

Feb 20, 2017 39:45

Description:

Topics: There is one word that will do more to build wealth in your life than any other. Do you know what it is?

- Nicholas has a simple tax situation and asks if the free Credit Karma tax service would be better than a $250 CPA.

- Don has $220k cash value in a whole life policy and is considering if he should switch to a term policy.

- Phil has $35,000 in investments, will be looking to buy a house soon and asks where the money should be put.

- Deanna the dog walker is opening a taxable investment account and wants to know the yearly tax implications.

- You're killing it with your 401(k), right?

- The YOLO lifestyle

- Quote of the day brought to you by Charlie Brown.

Links mentioned on the show:

Please share the show by texting http://GetFR.com to 3 people.

Personal Finance Scholarship

Credit Karma Free Tax Service

Bloomberg report on 401(k)s

S&P 500 Historical calculator

Witt Actuarial Services
Glenn Daily
James Hunt

206: Do You Know The Problems With Frugality?

Feb 17, 2017 39:45

Description:

Topics: Scott discusses why frugality is not always the best option for your finances.

- Jen (New Jersey) has a 401(k) with high fees and asks if it's better to invest in a taxable account instead.

- Brandon just graduated from college, is unemployed, and asks if it is wise to start investing.

- Alexis was recently laid off, has no savings, and wonders if she should consolidate her credit card bills into a single monthly payment.

- Shajee is 17 years old and wants to start investing and asks how he can get started if he is underage.

- Chris has a pension from an old employer and is deciding on an early distribution or rolling it over to an IRA.

- Update on what's going on with Scott's car after it got rear ended.

- Gillette welcome back program gives out free razors.

- Susan (Denton, TX) and her husband paid off 5 credit cards.

- Quote of the day brought to you by Bob Ross.

Links mentioned on the show:

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Brokerage accounts for minors

http://www.schwab.com/public/schwab/investing/accounts_products/accounts/college_savings/custodial_account

205: How To Conquer The World With Kindness

Feb 15, 2017 39:45

Description:

Topics: Scott discusses the power of being nice and how it can lead to bigger and better opportunities, both in business and in life.

- What are the tax implications of day trading?

- Increase productivity in 5 seconds with this simple trick.

- Javier has $250k in a TSP and is looking to expand into other investments.

- Maggie's husband wants to get involved in a business venture and she wonders if it's a scam.

- How to invest in gold.

- Frankie is 28, married, debt-free and has a $46k inheritance he would like advice on what to do with.

- Brady wants to setup an online savings account for a new car fund and wonders where to do it.

- Terry's husband re-allocated his 401(k) funds to a money market account and want help knowing what funds to invest in.

- Wife of a listener wants her husband to be polite but firm when asking for discounts.

- Quote of the day brought to you by Thor.

Links mentioned on the show:

Please share the show by texting http://GetFR.com to 3 people.

Start Engine

Blooom 401(k) analyzer

204: The Simple Math of How The Rich Get Richer

Feb 13, 2017 39:45

Description:

Topics: Scott shows the simple math behind how the rich continue to get richer at a much faster rate than the middle class.

- A study shows the more expensive your wedding the more likely you are to get divorced.

- Kristin (Massachusetts) has found a fiduciary to help her parents get through retirement.

- Brandon is a college graduate with $200 to his name and asks if he should start investing.

- Elon Musk isn't as smart as people make him out to be.

- Eddie (Houston, TX) asks about a specific insurance company compared to other insurance providers.

- Roberto has $50,000 in credit card debt and his options are limited on how to pay it off.

- Clink investing app for getting started investing.

- The South Americans (San Francisco, CA) are living the American dream.

Links mentioned on the show:

Please share the show by texting http://GetFR.com to 3 people.

Wedding costs and debt

Have a dream wedding for less

203: Their Money Trumps Your Money

Feb 10, 2017 39:45

Description:

Topics:

- Lena (Wheeling, IL) is trying to figure out her investment options in her HSA.

- How to get ahead by netweaving instead of networking.

- Henry (CT) has a 30 year fixed loan with a $225k balance and asks about refinancing with a VA Hybrid ARM.

- This company is raising prices to get rid of it's customers.

- Daniel (Buffalo, NY) has a son graduating from college and wants to know if he should keep a life insurance policy for him.

- Karah (Cincinati, OH) is 33 and deciding how to invest between her 401(k) and HSA.

- John (Cleveland, OH) asks if he should suspend his 401k contributions to pay off debt.

- Bobby (age 32) completes a bachelor's degree while working full time and raising 3 kids.

Links mentioned on the show:

Please share the show by texting http://GetFR.com to 3 people.

Trumps executive order on the DOL rule

 

202: What Is Happiness?

Feb 8, 2017 39:45

Description:

Topics: Scott breaks down what it is we all seek, and how we base our decisions on where to spend our money and time. By understanding our values and the values of others you can make better decisions.

- Lena (Wheeling, IL) paid off $10,500 in credit card debt!

- The future of bacon.

- Rob is $200,000 in debt and desperate to get a budget going.

- Pawan (Kansas) asks if Trade King is a legitimate company to use to start an ESA.

- Brandon has a Roth IRA and is interested in making the most money with his investment choices.

- Cullen (East Windsor, NJ) wants to retire early at age 44 and is trying to figure out how much non-retirement money will be needed before age 59 1/2.

- Dave (Fairfax County, VA) is figuring out the best mix of taxable vs. tax-free investments.

Links mentioned on the show:

Please share the show by texting http://GetFR.com to 3 people.

Why active managers suck and will never outperform the market over time:
http://web.stanford.edu/~wfsharpe/art/active/active.htm

us.spindices.com/documents/spiva/spiva-us-year-end-2012.pdf

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=869748

The looming disaster of the bacon shortage

 

 

201: Building Wealth AND Being Happy

Feb 6, 2017 39:45

Description:

Topics: Scott discusses the relationship between money and happiness as you get out of debt or build wealth.

Tony (Parts Unknown) is trying to save money so that he can have some sort of financial balance.

- Kevin (YouTube) has advice on how to pay off a car quickly.

- Tiffany (Dallas, TX) is a teacher and took investment advice from her co-workers. Did they get it right?

- Gemma (Indianapolis, IN) has had a normal life, and now wants to become a rock star.

- 4 ways to save money on any purchase.

- Susan asks if REITs have a place in a retirement portfolio.

- Rafael (NYC, New York) wants to pay 100% cash for real estate and asks about the least expensive type of property to get.

- Happy episode 200.

Links mentioned on the show:

Please share the show by texting http://GetFR.com to 3 people.

Debt Reduction Calculator

 

200: Pistols vs. Rifles

Feb 3, 2017 39:45

Description:

Topics: Katie gets into an accident with the Honda Fit. Scott gives a financial and relationship lesson from a bad situation.

- Jean steps into a Rich Dad Education seminar and asks if the 3-day up-sell is worth the $495.

- SEC busts ‘Hamilton’ ticket resale ponzi scheme. What you should watch out for with exotic investment opportunities.

- Queen Latifah has a car loan of $24,000 on a vehicle worth $13,000 and wonders what to do about it.

- In defense of Mariah Carey.

- Deniese has had to file for bankruptcy and asks what to do about her student loans.

- George asks if he qualifies for an HSA, and if not would COBRA be better.

- Wayne (Kalispell, MT) has paid off all his consumer debt!

Links mentioned on the show:

Please share the show by texting http://GetFR.com to 3 people.

Hamilton Ponzi scheme

The Book on Rental Property Investing

 

 

199: The Matrix (of Learning)

Feb 1, 2017 39:45

Description:

Topics: The four stages of becoming wicked awesome at anything, including your finances, health, or a musical instrument.

- Adrienne (Telluride, CO) received an inheritance and wants to know where to put it.

- Samantha (Anaheim, CA) wants to help her parents with their money.

- Yep, I called Dow 20,000. I'm officially a genius.

- A book everyone starting a business should own to save money and grow a profitable business.

- Steve's car died and he's trying to figure out where to get a low-mileage, low-cost used vehicle.

- Shari (Kenosha, Wisconsin) asks about putting 10% down on a house.

- Time for the February challenge.

- What website can you use to rent anything you own to make money?

Links mentioned on the show:

Please share the show by texting http://GetFR.com to 3 people.

Small Business Finance for the Busy Entrepreneur

 

 

198: Where are they now?

Jan 30, 2017 39:45

Description:

Topics: Are 150 million Americans saving for retirement going to be hurt?

- La Forge (Parts Unknown) asks about the differences between ETFs and index funds if they hold the same stuff.

- Jason is shifting his investments from a traditional IRA to a Roth IRA and wonders if he should convert his existing traditional IRA to a Roth IRA.

- Where are they know? An update on Jordan and Martin.

- Making 6 small changes for better habits saved Tyler and Jaquiline $1,200 a month.

- James and his wife are deciding between putting 5% down on a house with a 30-year mortgage or saving 20% down and doing a 10-15 year mortgage.

- How is Katie coming along with our 1950's fixer upper?

- What are the best renovations for your money in 2017?

- Brian celebrates one year of creating more margin in his life.

Links mentioned on the show:

Please share the show by texting http://GetFR.com to 3 people.

How changing small habits saved this couple $1,200 a month

The Renovations That Will Pay Off the Most for Your Home in 2017

 

 

197: The Holy Trinity of Financial Independence (FI)

Jan 27, 2017 39:45

Description:

Topics: What does it really take to be financially independent? How much money do you need to save? How much can you spend in retirement? How soon can you retire?

- Tyrone (San Francisco, CA) asks how much money to anticipate spending in retirement.

- Bill (Lincoln, NE) asks how can someone that starts saving earlier and with less money end up with more money than a person that starts later.

- Danielle wants my investing strategy for 2017.

- Gerardo is 21 years old and trying to figure out how to get started investing and saving up for a house purchase.

- Gabriella has a getting out of debt question.

- Why extended car warranties are a waste of your money.

- Retire to something.


Links mentioned on the show:

Please share the show by texting http://GetFR.com to 3 people.

No, the stock market doesn't return 12%

Early retirement calculator

Consumer Reports on extended car warranties

 

 

196: Zero Down Your Debt

Jan 25, 2017 39:45

Description:

Topics: Scott reviews the book Zero Down Your Debt - Reclaim your income and build a life you'll love.

- Carlos (Ramona, CA) has started a new job and needs to pick from a 401(a), 457(b) or Roth 457(b) plan.

- Jacob is 36 years old with $134k of debt and an inherited IRA valued at $35k. He asks if he should cash out the IRA and apply it towards the debt.

- What can you find at the dollar store?

- Are target date funds better than DIY investing?

- Benjamin (Ivory Coast) got a big inheritance and wants to invest in a business.

- Renee (Monroe, OH) is getting started with investing and asks about which funds to invest in.

- Follow up for Rafael (NYC) on if Vanguard employees invest in Vanguard index funds.

- Tyrone (San Francisco, CA) and his wife are debt free!

Links mentioned on the show:

Please share the show by texting http://GetFR.com to 3 people.

Zero Down Your Debt

195: What One Thing Will Help You Succeed At Everything?

Jan 23, 2017 39:45

Description:

Topics: Scott reveals the not-so-secret tip all successful people do to become and stay successful. It's simple, but it ain't easy. But anyone can do it.

- Rafael (New York) believes that Vanguard employees are not putting their money where their mouth is. What does Vanguard have to say about this?

- Tyrone (San Francisco, CA) has a follow up to how he and his wife plan on saving up for their house.

- Michael is age 59 with $60,000 in debt and is considering canceling disability insurance to speed up the debt payoff.

- Carlos (Ramona, CA) has started a new job and needs to pick from a 401(a), 457(b) or Roth 457(b) plan.

- The #1 piece of advice for retirement investors.

- One phone call that saved me from a potential $5,000 mistake.

- Christopher needs help making a dent in student loans.

- Would you pass the marshmallow test?

- A quick and easy way to simplify your budget.

Links mentioned on the show:

Please share the show by texting http://GetFR.com to 3 people.

Disability statistics

 

194: Become a Millionaire on $30,000 a Year

Jan 20, 2017 39:45

Description:

Topics: Can you become a millionaire if you earn $30,000 a year (Hint: Yes)

- Why having a proper perspective can eliminate your financial fears.

- Matthew (Chandler, AZ) asks if a house is an asset or a liability and how REITs can enhance a portfolio.

- Why managing your finances is fun (@20sMoney)

- Karl (Pikesville, MD) is trying to figure out if he should keep renting or buy a condo.

- If you can't get a job or can't find a job for your kids, do this.

- Debbie (Portland, OR) is snowballing her debt and asks if she should invest before paying off a HELOC.

- How a greedy contractor saved himself $250 and cost himself thousands at the same time.

Links mentioned on the show:

Please share the show by texting GetFR.com to 3 people.

193: One Big Reason People Fail To Achieve Financial Freedom

Jan 18, 2017 39:45

Description:

Topics: Scott discusses financial freedom and why it shouldn't just be a dream, but part of your plan.

- How marketer's use made up values to convince you to buy stuff you don't need.

- How to retire penniless.

- DJ (Cali) has some discount employee stock options and wonders how long he should hold them to avoid paying long-term capital gains.

- Dolores is deciding between paying off debt or investing to get a bigger return over time.

- Justin is researching dividend growth investing to get some passive income.

- Kes (St. Louis) is in her late 30's making good money but isn’t in love with her job.

- Should millennials count on social insecurity (hint: NO).

Links mentioned on the show:

Please share the show by texting GetFR.com to 3 people.

 

192: It's Never Too Late To Get Started

Jan 16, 2017 39:45

Description:

Topics: Scott discusses getting a late start on your finances and what's more important than the age at which you start.

- Learn the master negotiating skills Katie uses when working with contractors.

- Dave (Bismark, ND) is deciding on what investments are best for retirement
to minimize taxes.

- Dave is finishing an MBA and wants the best options to pay for school.

- David and Monsta (YouTube) ask about robo advisors and how good they are.

- Roberto is $50,000 in credit card debt and asks about debt consolidation companies.

- Scam alert: Look-alike website are getting more and more sophisticated.

- Patra is looking for the best ways to attract clients to a company.

- Yes, it's another poem.

- How to set yourself up for success.

Links mentioned on the show:

Please subscribe to the show at http://GetFR.com

 

191: How To Guarantee Yourself Success

Jan 13, 2017 39:45

Description:

Topics: What type of choices would you have to make over a long period of time to see significant results?

- Which former CEO worth $181 million is buying his own raisin bran?

- Alec is 26 asks about Vanguard index funds vs. Betterment vs. Roth IRA

- One weird job that pays up to $80/hour.

- Carolyn is 51 with a special needs daughter and needs to do some retirement catch-up.

- Are you paying a monthly fee for your credit score? You're waisting your money.

- Carlos (Zambia) is 24 and trying to figure out how to pursue his childhood dream of being a pilot.

- Patra's savings have been depleted while trying to start a business. What are the best ways to find clients?

- How to really read more books in 2017.

- Scam alert - popular websites are being mirrored and look very convincing.

Links mentioned on the show:

Rent, food, utility assistance

Steps to become an airline pilot

http://www.cnbc.com/2017/01/03/us-fines-transunion-equifax-for-deceit-over-credit-scores.html

 

190: Blip Coin and Pot Stocks

Jan 11, 2017 39:45

Description:

Topics: You can't miss the hype about Bitcoin in the news and all the money people are making. Scott separates fact from fiction in today's throw down on getting rich quick.

- David (Scottsdale, AZ) needs credit counseling and wants to know the name of a legit service.

- Chris (Dallas, TX) is 40 years old and asks about creating an income stream so he doesn't have to work and is deciding between several options.

- Melanie needs guidance on where to invest $50k.

- Trudy (Nevada) is at a full-service brokerage and wants to know if she should move her IRA to a discount broker. Plus her son wants to start an IRA too.

- Jared and his wife ask about the pros and cons of REITs and physical rental properties.

- Christian (Asheville, NC) got $450 for Christmas but doesn't need it for anything and wonders what to do with it.

- Today's show is brought to you by the letter Z (FINALLY!).

- Shauni saved $1,875 in the save money challenge.

Links mentioned on the show:

National Foundation for Credit Counseling

Is this course worth $2,000?

 

189: Back To The Future

Jan 9, 2017 39:45

Description:

Topics: Scott uses his time-travel machine to bring back information from the future that will keep more money in your pocket.

- Dan asks if he can make money as a full time investor.

- Kami has two college age boys and car insurance is killing her.

- Kate and Derek (Portland, OR) are in their 30's and want to focus on their long-term finances.

- Someone is following terrible advice and decided that a 401(k) is neither a safe nor smart investment vehicle.

- Today's show is brought to you by the letter Y.

Links mentioned on the show:

Subscribe to the show

Health insurance savings with HSAs

 

188: Are You A Worker Bee or Queen Bee?

Jan 6, 2017 39:45

Description:

Topics: Why its perfectly o.k. to be an employee.

- It's a great time to switch budgeting software or to start budgeting for the first time.

- Keith is living with his sister, has no income, and asks how to get his life back.

- Kimberly is a teacher with $50,000 in debt is having trouble budgeting.

- Melvin (Singapore) is getting started investing and asks about ETFs.

- The InstaPot is the greatest kitchen appliance you need to own.

- Today's show is brought to you by the letter X.

- What are wealth managers?

Links mentioned on the show:

Tiller

You Need A Budget

 

187: Why getting FIREd is a good thing

Jan 4, 2017 39:45

Description:

Topics: Financially independent, retire early.

- Time to buy Yankee Candles and get a deal.

- Danny (Arlington, VA) asks if he should refinance a car to pay for a wedding.

- Dan wants to turn investing into a full-time job.

- Ann is 68, recently divorced, and is trying to sort through her finances.

- Today's show is brought to you by the letter W for Wicked Awesome.

- Big Kahuna's debt-free story.


Links mentioned on the show:

None - enjoy the break!