Funny Money

Live in the moment or live for the future? Bob & Sheldon talk about the balance of living in the moment and hoping someone is going to be there for you when you've blown through all of your cash to live in the moment. Will social security be there? Will Mom & Dad be there? Is the government going to be there? How to live fully while knowing (or pretending not to know) that there may not be a safety net.

Bob talks about the frustration of expectations and staff. Sheldon chimes in about the annoyance of people in general. Listen in as Bob & Sheldon talk about the delicate dance of being in the power position as "boss", who can terminate someone at will and "employee" who serves at the whim of their employer.

Bob & Sheldon just hit episode #100. Bob & Sheldon talk about what they have learned or still not learned in the past 99 episodes, especially Bob to not drink even a sip of wine to celebrate episode #100. Sheldon re-realized how much family was more important than material things. And that they both are not willing to give up their passions and creativity even in the midst of financial stability.

Having just talked about The China Hustle film on the last episode, Bob interviews Sheldon on the making of Sheldon's own television series pilot and music video. Sheldon talks about the rewards of making a film (hint – not financial rewards) and the challenges and disappointments. The great thing about spending money on your passion is that after all the funds are gone, you can possibly write it off. Check with your tax preparer to see if you should write off your passions!

Bob & Sheldon interview Jed Rothstein, director of The China Hustle, a documentary about the newest Wall Street heist. Investors on the fringes of the financial world feverishly seeking new alternatives for high-return investments in global markets, finding a goldmine in China. The film is awesome, riveting and entertaining. Listen in as Jed Rothstein shares his perspective on making this film. We actually watched the film. You should too. The China Hustle.

Side Hustle is defined as a sideline that brings in cash, something other than your main job. Something that you might be more passionate about than your "regular" job. Life coach, comedy gigs, Amway, Honey Bees? Listen as Sheldon & Bob talk about their own side hustles, including this podcast. When does your hustle become your source of income along with your passion and creativity?OR is your side hustle just a hobby or distraction!

Do the contents of your wallet say anything about you? Bob & Sheldon trade wallets and see what's inside. Sheldon thinks it's the worst idea ever. Sheldon has three or four health insurance cards and about $80 bucks. Bob has hoarded about $400 worth of gift cards that he doesn't want to spend along with $22, missing his usually hidden $100 for emergencies. Are there little secrets are you hiding in the lining? What's in your wallet?

Bob wants to sell his rental property at the top of the market. Sheldon wants to buy his property. Does that make sense with "Buy Low, Sell High" for Sheldon? Listen in as Bob & Sheldon are joined by Vanessa, Sheldon's wife to discuss the pros and cons of buying rental property and buying from someone you know. Bob says yes. Sheldon says no. Vanessa has the deciding vote. #investmentproperty #realestate #rentalproperty

When is it time to GET OUT? Join Bob & Sheldon discuss exit strategies regarding the stock market, real estate, retirement, job or relationships. "Buy low, sell high" works great but how do you know when you have hit your "high". #exitstrateties #whentosell

Crypto Currency Conversation Continues…….Join Sheldon & Bob as they speak about Crypto Currency with guest Michael Samhat. Don't know much about bitcoin? Join the club. We don't know much either. Bob has jumped semi-blindly into the game while Sheldon debates on the sidelines. Bitcoin for IRAs. Bitcoin for investment. Bitcoin for technology. Listen in as our conversation jumps around, regarding some of the various aspects of crypto currency. Part #2

Join Sheldon & Bob as they speak about Crypto Currency with guest Michael Samhat. Don't know much about bitcoin? Join the club. We don't know much either. Bob has jumped into the game while Sheldon debates on the sidelines. Bitcoin for IRAs. Bitcoin for investment. Bitcoin for technology. Listen in as we jump around some of the various aspects of crypto currency.

Excited about the new tax reform? Listen in as Bob enlightens Sheldon on all of the deductions he can't take as a w-2 wage earner as well as other impacts of the new Trump Tax Plan. S corps, real estate & business owners may be the big winners. W-2 folks maybe not so much. So if you are mildly interested in maximizing the benefits of the new tax bill, join us.

Have a listen as Sheldon talks about the investing and how to be a better investor. Sheldon & Bob talk about mistakes and emotional impulse buys/sells that they have made in the past as well as ways to mitigate your investment losses. Although there is lots of apocalyptic conversations on the economy, stay confident in your choices as you ride the investor wave to success.

Join Bob & Sheldon as they discuss getting prepared for impending disaster. How prepared are you for the next earthquake, hurricane or ...? Listen in as they try to lighten up the doom & gloom conversation with some practical tips. Be prepared!

Listen up as Bob & Sheldon talk about the pros & cons of becoming a landlord. Are you ready to build your real estate empire? Find out if you got what it takes. And also find out about tax benefits of rental property.

Bob & Sheldon share their third world travels and reflect on how others define abundance. And Bob also points out some practical pros as well, "I look rich, I feel tall, I'm important" Okay but there's a lesson in here for everyone. Join us.

Listen in as Bob & Sheldon, mostly Bob share nightmare stories of crazy, coworkers.  Ever have a co-worker who wasn't?  Listen and laugh as Bob recounts being sexually harassed, among other things.  Co-workers, just like family, you don’t get to chose them!

Bob & Sheldon talk about the pros and cons of  being a trust fund baby.  Not being trust fund babies themselves, it might be trust fund envy.  If things aren't working out for you financial, maybe you should consider becoming a trust fund baby.  But can you really trust fund babies?

Sheldon & Bob talk about the joys of traveling in today's world. How much are you charging me for my carryon? Thanks for the single peanut, major airline! Listen in as Bob & Sheldon share some of their nightmare airline charge stories. What's in your wallet? Not much after traveling the friendly skies!

Bob & Sheldon argue over who is going to win the megamillions as Powerball hits an all time high. Listen in as they dream about how they will spend their money as well as discuss lotto winner nightmares. Keep the dream alive. Buy a lotto ticket!

Bob is obsessed with HGTV. Bob has been watching back to back episodes of Tiny Houses. Bob wants to dissect the pros & cons of tiny house living. Save some money, live in your own house (aka shoebox), travel the world and appreciate that some things come in small packages. However, 44% of tiny house owners one regret is that they didn't get something bigger. Maybe a tiny house really isn't a big deal. Listen and laugh.

Bob & Sheldon listen to Sheldon's interview with the legendary Jim Rogers to breakdown Jim's take on the current financial situation. Slightly depressing that the next financial crisis could be the worst in our lifetime, according to Jim Rogers. Listen in and look for the humor.

Sheldon shares the details of his interview with legendary Jim Rogers with Bob. Jim predicts that the next crisis is going to be the worst crisis in any of our lifetimes. If you cry wolf enough times, you will eventually be right. Right? Listen in and see where your financial POV falls on the spectrum of amazing things ahead versus end of the financial world.

Ever take the time to look at an actual $20 bill or a $100 bill? Cash is king. Join Bob & Sheldon breakdown the currency. Do you even have actual cash or just debit cards? What's in your wallet?

Lower your expectations!!! Have you ever spent money that you haven't gotten yet? Spent that bonus or lottery winnings only to find out that the money ain't coming your way. Ever have that expectation that all of your stock purchases will be winners. Check out Bob & Sheldon as they laugh about their failed expectations. Great expectations don't always mesh with reality so find the balance.

Ever get stuck splitting the check with a large group of folks & you didn't even get a drink? Listen in as Bob & Sheldon share their war stories on getting stuck paying the bill OR figuring out how to get out of paying the bill. Think back on all those checks you paid for (or didn't or shouldn't have) so that going forward, you can make sure you only pay for your portion. (and then some!)

Are you one of many that is NO longer shopping at the mall or heading down to your local retail store for your spending habits? Listen in as Sheldon & Bob talk about the Retail Apocalypse that is beginning to take place as more folks spend online and malls & retailers are starting to close their doors. Is there a simple solution? Maybe not, but stay informed and look for the humor in it.

When getting ready to have your hair cut, fixing the house, dealing with electrical repairs, have you ever thought, "I could do that?" AND several hundreds of dollars later, after you call the professional, you swear you will never Do It Yourself again. Listen in as Bob & Sheldon talk about the pros & cons of DIY or hiring a professional. Sheldon pays the experts and Bob always tries to save a buck. Should you do THAT?

Bob & Sheldon talk about how your beliefs and expectations might play a role in your current & future financial situation.  If you are heading to New York from Los Angeles, are you going to walk, drive or fly?  In the same way with your finances, what vehicles will you use to get you where you want to be?  Have a laugh or a cry as they discuss mental mapping and ways to get out of your own way.

Coffin in dirt or Consumed by fire?  If you are like everyone else, you will most likely die at some point.  Listen in with Bob & Sheldon as they talk about getting your affairs in order before your expiration date so everyone else doesn’t have to guess what you wanted.  That way, you can have the last laugh!

See your future, be your future.  We often pray for money but is there a spiritual component to your finances?  Is the Secret for you?  Do you intentionally manifest abundance in your life?  Listen & laugh as Bob & Sheldon discuss intentions, being broke, having abundance and expressing gratitude.

Is your spending impacted by fads?  Are you making financial choices that are serving you in the short term or the long haul?   Listen and ponder your financial situation as Bob & Sheldon explore financial choices.  You may be having a Fad-bulous life at the moment, but at what cost?

Bob thought it would be a great idea to look at the top 35 jobs that don’t require a college BS degree.  Sheldon thinks it could be the worst topic ever.  Bob is slightly fixated on Boilermakers & repairing big covered vats of liquids. Tired of doing the same old job.  Have a listen to see if there are any appealing job options for you.

Bob & Sheldon talk about the pros & cons borrowing & lending money with family. Are you the family bank or the family borrower?  Sheldon says paying back family is his lowest priority & that is probably true for many folks.  Want to lend money & maybe not see it get repaid? Listen in & see if you want to rethink that lending strategy.

In this episode, Bob talks about how our emotions drive our decisions.  Bob shares his outrage at paying $3 for mints at the airport but happily pays $100 for good sushi.  They discuss how much easier is it to get off course when the money is flowing.   Listen in and do a self-check on where you go emotionally when it comes to financial decisions. 

In this episode, Sheldon breaks down the 08 crisis and how the FED's actions have created a global debt bubble which will pop at the end of this year! YAY!!!!  Maybe not so funny but important info.  Bob tries to lighten the mood on a heavy but relevant topic.  Are you prepared for a financial crisis?  Listen in & get some tips on preparing for the inevitable.

Yes, you are special.  You don’t have to pay taxes this year.  It’s optional.  You wish. Join in and listen as Sheldon resists the idea that he has to pay taxes in normal tax brackets, when he should get to be in tax brackets with Mitt Romney & Donald Trump. Bob shares tax nightmare stories as well as the reoccurring question from clients of “Why do I have to pay taxes?  I’m special”. Thank goodness debtors prison is no longer or a good number of folks might just be serving time! Find us on Facebook and share a tax nightmare story of yours.

Yes, you are special.  You don’t have to pay taxes this year.  It’s optional.  You wish. Join in and listen as Sheldon resists the idea that he has to pay taxes in normal tax brackets, when he should get to be in tax brackets with Mitt Romney & Donald Trump.  Bob shares tax nightmare stories as well as the reoccurring question from clients of “Why do I have to pay taxes?  I’m special”. Thank goodness debtors prison is no longer or a good number of folks might just be serving time! Find us on Facebook and share a tax nightmare story of yours.

Sheldon share his story of living on the edge this past week for a solid eight hours, which prompts Bob and Sheldon to laugh and cry about past experiences of living on the edge. They reflect on how living on the edge can be much more expensive and time consuming.  Spending the day taking the bus, writing post-dated over-drafted checks, paying for gas with quarters  or having to rollerblade to pick up your drunk girlfriend can take its toll when you are constantly scrambling to stay afloat.  Listen in and see if you can relate to living on the edge.

Bob tries to spout off statistics on how a thinner waist line, regular exercise and healthy eating can lead to higher paychecks and healthier finances.  Sheldon shares how his confidence is up when he’s exercising and eating healthy.  Join their conversation and get inspired to eat & exercise your way to a better financial future. 

Bob & Sheldon talk about simple pleasures that might be costing you. Bob quotes an unknown source on the six guilty pleasures, which Sheldon thinks came from a 1950s report. Nevertheless, Bob harps on over-indulging in pleasures but not to give up your pleasures, just have your pleasures consciously and know what they cost. Sheldon likes to shop and admits to still having his cool overpriced snow boots that have never seen a snowflake. Bob delusional-ly shops at Home Depot, pretending to be an expert craftsman. Where do you overspend on guilty pleasures?

Bob & Sheldon ponder the question of why folks are not saving for their retirement. Sheldon read a source that says 50% of Americans can’t cash a $500 check so folks can barely live in the moment, let alone their future. Bob & Sheldon talk about the various options of what is saving for retirement – pensions, real estate, passive income, and more. Listen in and see if you need to make some changes for your financial future.

Bob and Sheldon talk about vacations. Sheldon took a trip to Mexico without the kids and feels great. Bob laments that he can’t get back on track for vacations like his adventures in the past. A good portion of US workers are letting their paid vacation days go unused. Getting reenergized, helping the economy and taking care of yourself sounds like great incentive to book that next vacation.

Sheldon has a lot of feelings about the debt ceiling as Congress keeps kicking the can forward on resolving the national debt. Bob figures about 97% of the taxpayers have no clue about the debt ceiling. Bob wants picture illustrations to help grasp the enormity of the situation. Is it better to be informed & outraged or blissfully unaware?

Bob and Sheldon talk about how to talk with a spouse or partner about money. Some couples find it hard to broach the subject and others just get divorced over money. Listen in and pick up some helpful tips on chatting with your loved one about your finances.

Bob wants to discuss how to avoid making hasty purchases. Sheldon wonders if its the same thing as an impulse buy. They talk about what constitutes a hasty or impulsive purchase, including investments. Listen in and see if you can relate to making unconscious, hasty purchases.

Bob & Sheldon decide to look on the sunny side of life. Instead of delving into the 6 highest concerns around finances, they look at the positive side of spending, saving and just letting go. The Secret, you've got nothing on Sheldon & Bob.

Bob ponders why his tax clients are so anxious about filing & filing extra early this year. Sheldon keeps bringing up other issues to sidetrack Bob. Bob anxiously attempts to stay on track about filing fears. Are you anxious about filing your taxes? Laugh with Sheldon and Bob as they banter on the possibilities of tax filing anxieties.

Sheldon espouses the benefits & joy of rejection. That which does not kill us makes us stronger. Embrace the Nos. Bob and Sheldon talk about how No means No in the moment but if we can hear the feedback in the no and not take ourselves out, we can learn, grow & thrive from the Nos. Bob and Sheldon talk about rejection and no versus failure. Don't say No to this podcast!

Bob gets all excited to talk about various types of insurance because having insurance can buy peace of mind. Sheldon advocates that this will be the worst podcast ever! After struggling with technology & social media, Bob questions Sheldon on the types of insurance he has and why. Got protection?