Money Peach

What is a Health Savings Account (HSA) and is it a good money move for you? With open enrollment right around the corner, I am going to break down everything Health Savings Account today. Here's what you will hear on the show today: How does an Health Savings Account Work? Who is eligible and who is not? How much can I contribute to an HSA? What are the tax benefits? Employed versus Self-Employed? Best places to open HSA? And most importantly - How do I determine if an HSA is a good plan for me? ** Mentioned in this episode Best Place to Open an Health Savings Account ** Are you currently living on a plan for your life and money...AKA a budget? The #1 habit of the most highly successful people is they are proactive. They don't wait for life and money to happen to them, they happen to their life and money. If you haven't started yet, now is the best time to start living on a simple budget. It's time to be proactive. Grab Free Budget Templates Here ** Thanks so much for listening to the show and if you feel the content of this podcast was helpful, please subscribe and leave a review! ** Today's show was brought to you by OneAZ Credit Union — my very own credit union I have been proud a member of since 2011.  If you live in Arizona and are looking for a large credit union with a local, customer-focused feel for your personal or business banking needs, look no further than OneAZ Credit Union.   All the show notes, links and anything I mentioned can be found at https://www.moneypeach.com/session173

Do you have IRS problems or maybe worried that your tax situation may not be as good as you thought? Or, are you a victim of identity theft and the IRS is telling you owe money you really don't owe? First off — you're not alone. Whether you owe the IRS or you are trying to prove you don't owe the IRS, what are your options? What can you do right now? What should you be doing right now? And what are your rights when it comes to managing a situation with the IRS? I will be asking our IRS expert Ben Golden all of this and more when it comes to dealing with the IRS. Mentioned in the Episode:

When it comes time to drive off a new car, you have three basic options: You can pay cash You can get an auto loan  You can drive off with a lease But with the average price of a new car at almost $41,000, most drivers today are driving off the lot with either an auto loan or a lease. ❓ But which is better - an car lease or an auto loan? What are the costs that go with each? And how do you know if you're making the best financial decision when it comes to driving your next car? Is there something we are missing when comparing the two? Today on the show, I will compare the auto loan and car lease, so you can decide which is the best way to drive off the lot in a new car. But, to start off, the simplest way to separate an auto loan and a lease is by understanding that an auto lease allows you to DRIVE the new car, whereas an auto loan allows you to DRIVE and BUY the car. ❗ ❗ Of course there's a lot more to it and to tell the whole story let's jump right in. ** Thanks so much for listening to the show and if you feel the content of this podcast was helpful, please subscribe and leave a review! ** Today's show was brought to you by OneAZ Credit Union — my very own credit union I have been proud a member of since 2011.  If you live in Arizona and are looking for a large credit union with a local, customer-focused feel for your personal or business banking needs, look no further than OneAZ Credit Union. All the show notes, links and anything I mentioned can be found at https://www.moneypeach.com/session171

On the show today I am breaking down the Cash-Out Refinance strategy. Many people are noticing a high uptick in the value of their homes, and with this uptick in value comes an increase in home equity. So what can you do with the equity in your home, how does it work, and what are the risks? In this episode I am going to break down: How to calculate your home's equity How much of the equity you can actually tap into The process of of a cash-out refinance Reasons for going with a cash-out refi The risks the banks forge to tell you about   ** Thanks so much for listening to the show and if you feel the content of this podcast was helpful, please subscribe and leave a review! ** Today's show was brought to you by OneAZ Credit Union — my very own credit union I have been proud a member of since 2011.  If you live in Arizona and are looking for a large credit union with a local, customer-focused feel for your personal or business banking needs, look no further than OneAZ Credit Union. All the show notes, links and anything I mentioned can be found at https://www.moneypeach.com/session170

On the show today is America's #1 Money Mentor, Chris Naugle. I'll be honest — I brought Chris to have a conversation on a topic we don't agree on...infinite banking. If you haven't heard of infinite banking before, you're perfectly normal. It's not a very popular term in the financial world and most financial gurus like Dave Ramsey and Suze Orman are completely against it. But, what I've learned over the years in this world of personal finance is not every guru is always right. Therefore, I decided to say "yes" to my guest today so I can ask him the hard questions about... how infinite banking works why it is (or is not) a scheme the risks do you have to wealthy to utilize infite banking are there better alternatives Now, we will dive into infinite banking in depth, but here is the sceanrio/example he used inside the episode:

There are so many strategies to building wealth and we try to explore all of them on this show. Today I am interviewing an expert in multifamily real estate investing - Gino Barbaro. Gino, and his partner Jake, are both experts in multifamily real estate investing and have achieved. They are NOT from the financial world...meaning they didn't get a PhD in finance and then build their wealth. Nope, Gino was a pizza restaurant owner and Jake was a pharmaceutical rep...which just shows us that everyday people like you and I are learning AND actually building wealth. Jake and Gino also have an entire website with multiple podcasts dedicated to showing you how to get started in real estate. Jake and Gino Learn more about Jake and Gino here. The Book: Wheelbarrow Profits ** Thanks so much for listening to the show and if you feel the content of this podcast was helpful, please subscribe and leave a review! ** Today's show was brought to you by OneAZ Credit Union — my very own credit union I have been proud a member of since 2011.  If you live in Arizona and are looking for a large credit union with a local, customer-focused feel for your personal or business banking needs, look no further than OneAZ Credit Union. All the show notes, links and anything I mentioned can be found at https://www.moneypeach.com/session168  

Have you ever tried using cash envelopes but realized it wasn't a lot of fun?   You know...carrying around envelopes full of cash at the grocery store or pulling out that sexy envelope container at dinner with friends?   Well, what if there was a way to use cash envelopes 100% electronically AND still having the same results of curbing the overspending?   Today on the show, I am bringing on founder of Qube Money, Ryan Clark, to explain how Qube allows you to use digital envelopes to help you manage your money.   ***IT'S REALLY REALLY COOL!**   Qube Money Learn more about Qube Money here. ** Thanks so much for listening to the show and if you feel the content of this podcast was helpful, please subscribe and leave a review! ** Today's show was brought to you by OneAZ Credit Union — my very own credit union I have been proud a member of since 2011.  If you live in Arizona and are looking for a large credit union with a local, customer-focused feel for your personal or business banking needs, look no further than OneAZ Credit Union. All the show notes, links and anything I mentioned can be found at https://www.moneypeach.com/session167  

On the show today, I am going to explain what a brokerage account is and how to open one. There are three different ways to start investing in the stock market: Through a Financial Planner or Financial Advisor A Self-Directed Brokerage Account A Robo-Advisor Since it's pretty self-explanatory on how to get set up with a financial advisor, the purpose of this episode is to show you how to open up a self-directed brokerage account and/or how to get started with a robo-advisor. By the end of this episode, you will have a better understanding of how each works, which will help you make your decision on which is best for your investment style! BONUS VIDEO: The Backend of My Own Investment Account ** Thanks so much for listening to the show and if you feel the content of this podcast was helpful, please subscribe and leave a review! ** Today's show was brought to you by OneAZ Credit Union — my very own credit union I have been proud a member of since 2011.  If you live in Arizona and are looking for a large credit union with a local, customer-focused feel for your personal or business banking needs, look no further than OneAZ Credit Union. All the show notes, links and anything I mentioned can be found at https://www.moneypeach.com/session166

Did you know you can generate passive income and/or diversify your retirement portfolio through Hard Money Lending? A hard money loan is an interest-only short-term loan primarily used in real estate with the loan being secured by property.    In a nutshell, you become the "bank" and you lend money to borrowers and receive monthly interest payments just like a bank would receive monthly monthly payments from a mortgage borrower.   The only difference is you (the bank) can charge much higher interest between 10% and 18%, whereas the bank's current rates are right around 3.5%.   If you have a equity in your home, a pile of cash lying around, or you are looking to diversify your portfolio — hard money lending may be a great option for you.   BONUS As a hard money lender myself, I will show you exactly how I am lending hard money each month. I will share with you some tricks I have learned along the way and share with you my exact numbers for you to see exactly how it works. Also, make sure to download the templates I use as far the paperwork required prior to lending.   Mentioned in this episode Episode 162: How Does a HELOC work? Episode 164: What is the BEST Mortgage for Me Right Now?   eForms: Promissory Note Template Vantage IRAs: Self-Directed IRAs   Thanks so much for listening to the show and if you feel the content of this podcast was helpful, please subscribe and leave a review! ** Today's show was brought to you by OneAZ Credit Union — my very own credit union I have been proud a member of since 2011.  If you live in Arizona and are looking for a large credit union with a local, customer-focused feel for your personal or business banking needs, look no further than OneAZ Credit Union. All the show notes, links and anything I mentioned can be found at https://www.moneypeach.com/session165

On the show today, I am going to break down 5 different mortgage loans you should know about: Conventional Loan Jumbo Loan FHA Loan VA Loan USDA Loan By the end of the show, you will have an understanding for each of these different mortgages work and which one is best for you. Enjoy the show! Mentioned in this episode Episode 132: How to Improve Your Credit Score FHA Loan Limits by County and State Free Personal Budget Download ** Thanks so much for listening to the show and if you feel the content of this podcast was helpful, please subscribe and leave a review! ** Today's show was brought to you by OneAZ Credit Union — my very own credit union I have been proud a member of since 2011.  If you live in Arizona and are looking for a large credit union with a local, customer-focused feel for your personal or business banking needs, look no further than OneAZ Credit Union. All the show notes, links and anything I mentioned can be found at https://www.moneypeach.com/session164

Diania Merriam is on the show today to share her story of reaching financial independence in her 30s. After living in New York City in her 20s and racking up $30k in debt, Diania decided enough was enough and it was time to change her mindset about money. What would it be like to reach financial independence?  After making the choice to turn away from her old financial habits, Diania shares how she reached financial independence in her 30s. She shares how she: Changed her belief about money and consumerism How she paid off $30k in 11 months How she saves 60% of her income! Taking a 2 month sabatical and to backpack 500 miles through Spain Starting her own conference for like-minded people Diania is also the founder of the EconoME Conference , a conference in Cincinnati each year where like-minded people get together to share their new found beliefs around financial independence, financial freedom, and early retirement. BONUS: Use Promo Code "MONEYPEACH" to get a nice little discount on ticket prices to conference. Even if you have no desire to attend the conference (which I will be attending and I would love to see you there), you'll still want to listen to Dania's story and how she dispells the myths about reaching financial independence. Mentioned in this episode The EconoME Conference Diania's YouTube Video Making Her Last Debt Payment The Motley Fool ** Thanks so much for listening to the show and if you feel the content of this podcast was helpful, please subscribe and leave a review! ** Today's show was brought to you by OneAZ Credit Union — my very own credit union I have been proud a member of since 2011.  If you live in Arizona and are looking for a large credit union with a local, customer-focused feel for your personal or business banking needs, look no further than OneAZ Credit Union. All the show notes, links and anything I mentioned can be found at https://www.moneypeach.com/session163

A home equity line of credit, or a HELOC, is a revolving line of credit that is guaranteed by the equity in your home. The line of credit is actually a second mortgage on your home giving you access to a revolving credit line you can borrow from as needed. Very similar to a credit card, a HELOC offers a line of credit at a much lower interest rate because your home is used as the collateral for the loan. The amount you can borrow is based on the equity in your home, which is equal to the value of the home minus the amount you owe on your primary mortgage. If your home is paid off, then the HELOC becomes the first position mortgage on your home. A HELOC can be used for things like home improvemetns, emergency funds, large down payments on second properties, investment opportunities, or even a way to pay down debt faster. In the episode, I will break down: How a HELOC works How the interest is calculated Draw period versus repayment period How to apply fora HELOC When a HELOC is not a good plan If you have ever wondered about opening a home equity line of credit, this is the perfect episode for you. Mentioned in this episode The Motley Fool ** Thanks so much for listening to the show and if you feel the content of this podcast was helpful, please subscribe and leave a review! ** Today's show was brought to you by OneAZ Credit Union — my very own credit union I have been proud a member of since 2011.  If you live in Arizona and are looking for a large credit union with a local, customer-focused feel for your personal or business banking needs, look no further than OneAZ Credit Union. All the show notes, links and anything I mentioned can be found at https://www.moneypeach.com/session162

The 50/30/20 Budget may be the easiest budget you will find. It's simple, straight-forward and it only takes a few minutes to set up. If you are someone who is overwhelmed with the idea of creating a budget or you just don't like all the math involved with a monthly budget, the the 50/30/20 Budget is for you. Mentioned in this episode

What is the absolute most important piece of everyone's financial plan?   In today's show I am going break something EVERYONE must have in place, why it's so important and I'll even be giving you a sweet BONUS at the end of the show that you will NOT want to miss.   Okay, so what is it Peach...what is the most important part of any financial plan?   Whether you're 21-year-old single student, a married couple in your 30s, or soon-to-be empty nesters....what is THE most important piece of any solid financial plan for every age group or season of life?   Is it getting on a budget and telling your money where to go before you actually spend it? Important...but not the MOST important.   Is it getting rid of your debt and staying out of debt?? Also super important...but still not #1.   Or is it setting aside money for building wealth and retirement? Wow, this is also important but still not the MOST important.   So if it's not getting on a plan, saving money, paying off debt and building wealth...then which is it?   This may surprise you, but here it is: Life Insurance   I know - life insurance is one of the most unsexy things in the entire personal finance world. But let me share with you a story of why it is the most important part of your financial plan.   Mentioned in this episode Policy Genius Episode 61 with Brain Cancer Survivor ** Thanks so much for listening to the show and if you feel the content of this podcast was helpful, please subscribe and leave a review! ** Today's show was brought to you by OneAZ Credit Union — my very own credit union I have been proud a member of since 2011.  If you live in Arizona and are looking for a large credit union with a local, customer-focused feel for your personal or business banking needs, look no further than OneAZ Credit Union. All the show notes, links and anything I mentioned can be found at https://www.moneypeach.com/session160  

Should I buy a new car or not? Well, I'll be completely honest with you - I LOVE the look of new cars BUT I haven't owned a new car in 15 years.   Why? Well, I'm going to break down the new car purchase so you understand ALL that goes with it and I'm also going to show you a little trick so you NEVER have to take out a car payment again!     ** Mentioned in this episode The Motley Fool   Download Your Free Budget Templates Here   ** Thanks so much for listening to the show and if you feel the content of this podcast was helpful, please subscribe and leave a review! ** Today's show was brought to you by OneAZ Credit Union — my very own credit union I have been proud a member of since 2011.  If you live in Arizona and are looking for a large credit union with a local, customer-focused feel for your personal or business banking needs, look no further than OneAZ Credit Union. All the show notes, links and anything I mentioned can be found at https://www.moneypeach.com/session159

On the show today I am answering the question: How do I possibly save money when I'm living paycheck to paycheck, I have debt, and no matter how hard I try...I just can't save any freaking money!? I definitely have a thing or two to say about it AND at the end of the episode you will have plan a free tool to help you create your own solution to what seems to be a never-ending problem.   ** Mentioned in this episode Download Free Budget Templates Here ** Thanks so much for listening to the show and if you feel the content of this podcast was helpful, please subscribe and leave a review! ** Today's show was brought to you by OneAZ Credit Union — my very own credit union I have been proud a member of since 2011.  If you live in Arizona and are looking for a large credit union with a local, customer-focused feel for your personal or business banking needs, look no further than OneAZ Credit Union. All the show notes, links and anything I mentioned can be found at https://www.moneypeach.com/session158   **Download Free Budget Template Here

Do you have a small business, large business, or side hustle and you're just looking for a simple way to manage the finances in your biz without being completely overwhelmed and over it?   I get it - A few years ago I was feeling the same way until I stumbled across a method called Profit First...and it completely changed my business (and my life).   In today's episode I am going to share with you a method called Profit First which will simplify the way you manage money inside your business, side hustle anything you do to earn income outside of your W-2 job.   I'm also going to give you a bonus to help you get started right away, but you need to first get the jist of Profit First from today's episode before you hit download at the end.   Sound good?   ** Mentioned in this episode Profit First by Mike Michaelowicz   The You Do You Journal™ by Andrea Robinson (Peach's wife)   ** Are you currently living on a plan for your life and money...AKA a budget? The #1 habit of the most highly successful people is they are proactive. They don't wait for life and money to happen to them, they happen to their life and money. If you haven't started yet, now is the best time to start living on a simple budget. It's time to be proactive. Grab Free Budget Templates Here ** Thanks so much for listening to the show and if you feel the content of this podcast was helpful, please subscribe and leave a review! ** Today's show was brought to you by OneAZ Credit Union — my very own credit union I have been proud a member of since 2011.  If you live in Arizona and are looking for a large credit union with a local, customer-focused feel for your personal or business banking needs, look no further than OneAZ Credit Union. All the show notes, links and anything I mentioned can be found at https://www.moneypeach.com/session157   **Download Cheat Sheet PDF Here

On the show today we are going to go over creating your own investment strategy based on a few key principles.   I am also going share with you my own investment strategy, my own journey of both ups and downs with investing, and something I have been doing lately that will blow your mind (well it's blowing my mind).   And lastly, make sure to stick around until the very end of the show where I am going to give away something VERY nice. You will love it - I promise!   Mentioned in this episode The Motley Fool Stock Advisor (Save $100)   M1 Finance (Invest in Partial Shares)   ** Are you currently living on a plan for your life and money...AKA a budget? The #1 habit of the most highly successful people is they are proactive. They don't wait for life and money to happen to them, they happen to their life and money. If you haven't started yet, now is the best time to start living on a simple budget. It's time to be proactive. Grab Free Budget Templates Here ** Thanks so much for listening to the show and if you feel the content of this podcast was helpful, please subscribe and leave a review! ** Today's show was brought to you by OneAZ Credit Union — my very own credit union I have been proud a member of since 2011.  If you live in Arizona and are looking for a large credit union with a local, customer-focused feel for your personal or business banking needs, look no further than OneAZ Credit Union.   All the show notes, links and anything I mentioned can be found at https://www.moneypeach.com/session156

After a record year in the stock market in 2020, are you finally ready to invest into the market but don't know what retirement accounts are best for you? Hey friends, here's what you're going to get from the show today!   We are going to a brief recap of two retirement accounts we mentioned last week: the Traditional IRA and the ROTH IRA.   Then we are going to dive into two other retirement accounts that allow you to save A LOT more than the ROTH or Traditional IRA.   The Solo 401(k) and the SEP IRA.   We will break down each one, explain how they work, who they are for, and at the end I will help you decide which one is best for you.   Also, make sure you stick around until the very end of the show where I am going to give you a BONUS tool which is going to help you choose the best account, where to invest, and how to get started building your own portfolio!   Mentioned in this episode Free Bonus Cheat Sheet (PDF)   The Motley Fool Stock Advisor (Save $100)   ** Are you currently living on a plan for your life and money...AKA a budget? The #1 habit of the most highly successful people is they are proactive. They don't wait for life and money to happen to them, they happen to their life and money. If you haven't started yet, now is the best time to start living on a simple budget. It's time to be proactive. Grab Free Budget Templates Here ** Thanks so much for listening to the show and if you feel the content of this podcast was helpful, please subscribe and leave a review! ** Today's show was brought to you by OneAZ Credit Union — my very own credit union I have been proud a member of since 2011.  If you live in Arizona and are looking for a large credit union with a local, customer-focused feel for your personal or business banking needs, look no further than OneAZ Credit Union.   All the show notes, links and anything I mentioned can be found at https://www.moneypeach.com/session155   Get the Free Download Here (PDF)

Are you looking to start off 2021 investing but don't know where to get started?   On today's show I am going to show you how to get started investing whether you're a seasoned investor or you're just starting out.   Also, I am going to go full transparency with you and share with you some of my latest stocks I have purchased over the past year.   But before we start, here’s what you will get during the show.   First we will break down the difference between a stock, bond, mutual fund and ETF. Then we will talk about whether you're investing for retirement or non-retirement. From there we will discuss the options of managing your own portfolio or having someone do it for you.   And lastly I am going to share you with you my little secret I have found that has completely blown my mind when it comes to investing and I will be giving you a free gift at the end of the show to help you get started with opening your account, choosing your investment strategy, and actually investing into the market.   So let's just jump right in. ** Mentioned in this episode Free Bonus Download   The Motley Fool Stock Advisor (Save $100)   ** Are you currently living on a plan for your life and money...AKA a budget? The #1 habit of the most highly successful people is they are proactive. They don't wait for life and money to happen to them, they happen to their life and money. If you haven't started yet, now is the best time to start living on a simple budget. It's time to be proactive. Grab Free Budget Templates Here ** Thanks so much for listening to the show and if you feel the content of this podcast was helpful, please subscribe and leave a review! ** Today's show was brought to you by OneAZ Credit Union — my very own credit union I have been proud a member of since 2011.  If you live in Arizona and are looking for a large credit union with a local, customer-focused feel for your personal or business banking needs, look no further than OneAZ Credit Union.   All the show notes, links and anything I mentioned can be found at https://www.moneypeach.com/session154   Get the Free Download Here

On the show today I have Bernadette Logue - an expert when it comes to mindset and money. I’ll admit — I am great when it comes to showing you how to create a budget, save more money and get out of debt. However, where I often miss is when it comes to your mindset and money. What I have learned over the years of coaching people with their finances is that a change won’t happen until you are willing to make the change. Once you make the decision to commit to improving your life and money, I can then show you the tactics to help you accomplish your goals. But what causes us to make those changes and how do we get there? And this is where Bernadette comes in to help answer these questions. We also discuss. Why do some people do well financially and others seem to always struggle with money?   Where we learn and develop our financial habits and at what age.   Is it possible to break the cycle of constant financial struggle?   Mentioned in this episode 300 Positive Money Affirmations (Free Audio)   3 Critical Steps to Your Abundancy Money Mindset (Free Video)   ** Are you currently living on a plan for your life and money...AKA a budget? The #1 habit of the most highly successful people is they are proactive. They don't wait for life and money to happen to them, they happen to their life and money. If you haven't started yet, now is the best time to start living on a simple budget. It's time to be proactive. Grab Free Budget Templates Here ** Thanks so much for listening to the show and if you feel the content of this podcast was helpful, please subscribe and leave a review! ** Today's show was brought to you by OneAZ Credit Union — my very own credit union I have been proud a member of since 2011.  If you live in Arizona and are looking for a large credit union with a local, customer-focused feel for your personal or business banking needs, look no further than OneAZ Credit Union.   All the show notes, links and anything I mentioned can be found at https://www.moneypeach.com/session153

I had Brian Winch on the show way back in 2017 to share how he makes a full-time income picking up litter in parking lots. Yes, you read that right - picking up litter in parking lots. I decided to reach back out to have Brian back on the show to follow up and ask him how the business is doing and how others are doing after having him on the podcast a 3 years ago. "Peach, this is literally a $30k -$50k per year side hustle and others I have helped get started are doing extremely well with their side litter-pickup side hustle as well". $30k to $50k side hustle?  This isn't just a side hustle - this is full-time income. But how does one make this kind of money as a side hustle? One of the reasons: COVID-19 Brian answers all these questions and more in this week's interview on making extra money. ** Mentioned in this episode How to Start Your Own Litter Pickup Business (Book)   ** Are you currently living on a plan for your life and money...AKA a budget? The #1 habit of the most highly successful people is they are proactive. They don't wait for life and money to happen to them, they happen to their life and money. If you haven't started yet, now is the best time to start living on a simple budget. It's time to be proactive. Grab Free Budget Templates Here ** Thanks so much for listening to the show and if you feel the content of this podcast was helpful, please subscribe and leave a review! ** Today's show was brought to you by OneAZ Credit Union — my very own credit union I have been proud a member of since 2011.  If you live in Arizona and are looking for a large credit union with a local, customer-focused feel for your personal or business banking needs, look no further than OneAZ Credit Union.   All the show notes, links and anything I mentioned can be found at https://www.moneypeach.com/session152

With only 11 days until the election, many of us are wondering what we should be doing when it comes to our investments? Should we pull out our money now? Should we wait until after the election to see what happens? What if we don't know who the president is on November 3rd? What about other uncertainties that could have an effect on my investment portfolio? Inside the episode I am going to break down... Investing With Uncertainty? Sure, there will be volatility when there is uncertainty in the markets. But how should we manage this and what have we learned from the past during an election year? Should I wait until after the election to invest? I am going to show you 22 different election cycles and let you make the decision based on the past century when it comes to investing before, during and after an election. What If Democrat vs Republican President? Good news, it doesn't matter as much as you think it does. Often Presidents like to take a little too much credit for how the markets did during their presidency, but as you will see it's not just the President...there are MANY other factors too. Should you cash out of the stock market? But what do the GREATS say? Why not take advice from some of the greatest investors of all time? Let's see what Warren Buffet, Charlie Munger and Peter Lynch have to say about investing during an election cycle.   Mentioned in this episode The Motley Fool Stock Advisor   ** Are you currently living on a plan for your life and money...AKA a budget? The #1 habit of the most highly successful people is they are proactive. They don't wait for life and money to happen to them, they happen to their life and money. If you haven't started yet, now is the best time to start living on a simple budget. It's time to be proactive. Grab Free Budget Templates Here ** Thanks so much for listening to the show and if you feel the content of this podcast was helpful, please subscribe and leave a review! ** Today's show was brought to you by OneAZ Credit Union — my very own credit union I have been proud a member of since 2011.  If you live in Arizona and are looking for a large credit union with a local, customer-focused feel for your personal or business banking needs, look no further than OneAZ Credit Union.   All the show notes, links and anything I mentioned can be found at https://www.moneypeach.com/session151

What is a Health Savings Account (HSA) and is it a good money move for you? With open enrollment right around the corner, I am going to break down everything Health Savings Account today. Here's what you will hear on the show today: How does an Health Savings Account Work? Who is eligible and who is not? How much can I contribute to an HSA? What are the tax benefits? Employed versus Self-Employed? Best places to open HSA? And most importantly - How do I determine if an HSA is a good plan for me? ** Mentioned in this episode Best Place to Open an Health Savings Account ** Are you currently living on a plan for your life and money...AKA a budget? The #1 habit of the most highly successful people is they are proactive. They don't wait for life and money to happen to them, they happen to their life and money. If you haven't started yet, now is the best time to start living on a simple budget. It's time to be proactive. Grab Free Budget Templates Here ** Thanks so much for listening to the show and if you feel the content of this podcast was helpful, please subscribe and leave a review! ** Today's show was brought to you by OneAZ Credit Union — my very own credit union I have been proud a member of since 2011.  If you live in Arizona and are looking for a large credit union with a local, customer-focused feel for your personal or business banking needs, look no further than OneAZ Credit Union.   All the show notes, links and anything I mentioned can be found at https://www.moneypeach.com/session150

Jordan Goodman is a rockstar. You may have heard of him as America’s Money Answers Man and seen him as a regular CNN, Fox Business and radio segments across the country. Jordan is referred to as the answers man because of his expertise on all things money, but I wanted him to come on the show for one reason and one reason only: The Equity Optimization Strategy Jordan walks us through step-by-step how to pay down your 30-year mortgage in as little as 5-7 years using a HELOC. Now, I am sure you’re waving red flags, and you definitely should be. I was too. Therefore, I made sure Jordan broke it down step-by-step and I even had to ask him to explain it three different ways so we can all fully understand this strategy. Here are just a few things we mention inside this episode: Countries such as Australia and Japan already use this method of rapid mortgage acceleration The reason it works is because mortgages used amortization schedules and HELOCs are based on average daily balance You must have some equity in your home now You must have a positive cash flow (income) Why the banks will not like you after this
 ** Mentioned in this episode Money Answers Master Your Debt by Jordan Goodman TruthinEquity.com What is a HELOC and How Does it Work? ** Are you currently living on a plan for your life and money...AKA a budget? The #1 habit of the most highly successful people is they are proactive. They don't wait for life and money to happen to them, they happen to their life and money. If you haven't started yet, now is the best time to start living on a simple budget. It's time to be proactive. Grab Free Budget Templates Here ** Thanks so much for listening to the show and if you feel the content of this podcast was helpful, please subscribe and leave a review! ** Today's show was brought to you by OneAZ Credit Union — my very own credit union I have been proud a member of since 2011.  If you live in Arizona and are looking for a large credit union with a local, customer-focused feel for your personal or business banking needs, look no further than OneAZ Credit Union.   All the show notes, links and anything Jordan and I mentioned can be found at https://www.moneypeach.com/session149

Rob and Melissa are the Flea Market Flippers and they’re on the show to share how they turned their side hustle into full-time income. Here's what to expect from today's show: Rob shares how he started flipping as as a side hustle in 1996 How they made $62k in profit last year Best flipping story involving a prosthetic leg Rob and Melissa also share some of their secrets when getting started with a flipping side hustle, including Starting small Sell things inside your house first Where to list your items for sale How to take the best pictures The formula to identify what to buy and what to sell it for ** Mentioned in this episode Free Webinar: The Flippers Workshop ** Are you currently living on a plan for your life and money...AKA a budget? The #1 habit of the most highly successful people is they are proactive. They don't wait for life and money to happen to them, they happen to their life and money. If you haven't started yet, now is the best time to start living on a simple budget. It's time to be proactive. Grab Free Budget Templates Here ** Thanks so much for listening to the show and if you feel the content of this podcast was helpful, please subscribe and leave a review! ** Today's show was brought to you by OneAZ Credit Union — my very own credit union I have been proud a member of since 2011.  If you live in Arizona and are looking for a large credit union with a local, customer-focused feel for your personal or business banking needs, look no further than OneAZ Credit Union.   All the show notes, links and anything Rob, Melissa and I mentioned can be found at https://www.moneypeach.com/session148

I'll be honest — I almost didn't record this episode. After talking about it with Andrea (my wife) and praying about it, we decided we were going to share more of our story. This wasn't easy. Not many people are willing to talk about the REAL life money.  Here goes...this past month we officially passed $1 million net worth. And there is way more to the story that Andrea and I are sharing on the show today. No, we do not make $1 million. (Not even close) No, it did not happen quickly. No, it wasn't super easy. No, we are nowhere near perfect when it comes to money. However, we hit one of our goals. We can officially say we are "millionaires". And it feels really damn good! But, how did this happen?  Where did we start (Hint: we had a huge negative net worth)? And how could someone else accomplish this? We discuss all of this and more on this week's one-of-a-kind show! ** Mentioned in this episode Free App to Track Your Net Worth from Personal Capital   Free Spreadsheet Template to Track Your Net Worth from WalletHacks.com ** Are you currently living on a plan for your life and money...AKA a budget? The #1 habit of the most highly successful people is they are proactive. They don't wait for life and money to happen to them, they happen to their life and money. If you haven't started yet, now is the best time to start living on a simple budget. It's time to be proactive. Grab Free Budget Templates Here ** Thanks so much for listening to the show and if you feel the content of this podcast was helpful, please subscribe and leave a review! ** Today's show was brought to you by OneAZ Credit Union — my very own credit union I have been proud a member of since 2011.  If you live in Arizona and are looking for a large credit union with a local, customer-focused feel for your personal or business banking needs, look no further than OneAZ Credit Union.   All the show notes, links and anything Kim and I mentioned can be found at https://www.moneypeach.com/session147

Have you heard of the #ChoosFI Movement? The Retire Early and Choose Financial Independence movement is taking over the personal finance world and for good reason. It's an amazing community of people looking to earn more, spend less, and build wealth so they can reach financial independence. Today I am bringing their co-founder Jonathan Mendonsa on the show to talk all about it. Most interviews I do last between 25 and 30 minutes, but Jonathan was so good during this interview that we just kept going....and you won't be disappointed. ** Mentioned in this episode ChooseFI Website Links mentioned: Jonathan talks about earning $60k or more per year with this certification program: https://www.talentstacker.com/salesforce ** Are you currently living on a plan for your life and money...AKA a budget? The #1 habit of the most highly successful people is they are proactive. They don't wait for life and money to happen to them, they happen to their life and money. If you haven't started yet, now is the best time to start living on a simple budget. It's time to be proactive. Grab Free Budget Templates Here ** Thanks so much for listening to the show and if you feel the content of this podcast was helpful, please subscribe and leave a review! ** Today's show was brought to you by OneAZ Credit Union — my very own credit union I have been proud a member of since 2011.  If you live in Arizona and are looking for a large credit union with a local, customer-focused feel for your personal or business banking needs, look no further than OneAZ Credit Union.   All the show notes, links and anything Kim and I mentioned can be found at https://www.moneypeach.com/session145

Have you ever wondered what it would be like to start a franchise? Whether you are looking to change careers, increase cash flow, or invest as a wealth building strategy — franchises may be the perfect fit. I'll be honest — I didn't know anything about franchising so I found America's #1 Franchise Expert - Kim Daly. Kim Daly is a franchise coach and expert with over 18 years helping people find the perfect franchise and showing them how to get started from almost 2 decades of experience. She's seen the good, bad, and the ugly of franchising and she's sharing when to get started, what to look for in a franchise, and how to find early success. And some of these franchise opportunities will shock you. I had no idea how successful people are inside franchises I have quite frankly never heard about. We all know about the franchise opportunities for McDonalds, UPS Stores, Massage Envy and the 7-11s...but what about the little-known franchise jems you've never heard of? We talk about all of this and more in this week's amazing episode with franchise expert Kim Daly. ** Mentioned in this episode Kim's website: https://thedalycoach.com/ Videos Kim mentioned: One Franchisee's Horrible Mistake One Franchisee's Major Success Story ** Are you currently living on a plan for your life and money...AKA a budget? The #1 habit of the most highly successful people is they are proactive. They don't wait for life and money to happen to them, they happen to their life and money. If you haven't started yet, now is the best time to start living on a simple budget. It's time to be proactive. Grab Free Budget Templates Here ** Thanks so much for listening to the show and if you feel the content of this podcast was helpful, please subscribe and leave a review! ** Today's show was brought to you by OneAZ Credit Union — my very own credit union I have been proud a member of since 2011.  If you live in Arizona and are looking for a large credit union with a local, customer-focused feel for your personal or business banking needs, look no further than OneAZ Credit Union.   All the show notes, links and anything Kim and I mentioned can be found at https://www.moneypeach.com/session144

Wow - did someone just say that your 401k is a bad plan? Yes. Rebecca Walser comes on the show to share with us why your 401k isn’t just hurting you...it’s actually KILLING your financial plan. It all started back in 1978 when the famous 401k plan was in a way created by accident. Back in the late 1970s, most employers contributed to a defined benefit plan (AKA a pension) and that cost employers a lot of money. During this same time, tax rates were much higher than they were today and some very highly compensated executives were looking for loopholes to avoid these high taxes. What they proposed was they could be bonused out in the form of a 401k plan, which allowed them to take their bonus, dump it into a 401k plan to avoid paying the high taxes now, and then grab that bonus money at retirement when taxes were much lower. However, a few years later businesses started catching on and realized they would save millions upon millions of dollars by getting rid of the pension plan and moving to a 401k plan. Instead of having to fund a pension for years after retirement, they could offer a company match and have the employees contribute the majority to their retirement. And that’s how the 401k became the retirement standard in today’s world...on accident. But, it’s not 1978 anymore. Taxes are much different than they were then, the government debt is much higher than it was then, and there is a huge problem facing social security. How are we going to pay for social security AND how are we going to pay off this massive $23 Trillion of debt? Is it possible that taxes could go up from their all-time lows of 2017??? Wait a minute….if taxes are at an all-time low and we forecast we may need to raise taxes in the future to pay for the government's financial mess….then does it make sense to save in a 401k today? Are we avoiding having to pay very low taxes today so we can pay much higher taxes in retirement? In the interview, Rebecca and I talk about: Conventional financial literacy and why it’s backwards for today’s world The Social Security stats: the money is going to run out Taxes and how they WILL affect you later in life The history of the 401k and tax loopholes it once provided How 4 out of 100 Americans will retire above the poverty line Where you should be investing instead of the 401k How to maximize your ROTH IRA using a conversion And much much more... ** Are you currently living on a plan for your life and money...AKA a budget? The #1 habit of the most highly successful people is they are proactive. They don't wait for life and money to happen to them, they happen to their life and money. If you haven't started yet, now is the best time to start living on a simple budget. It's time to be proactive. Grab Free Budget Templates Here ** Thanks so much for listening to the show and if you feel the content of this podcast was helpful, please subscribe and leave a review! ** Today's show was brought to you by OneAZ Credit Union — my very own credit union I have been proud a member of since 2011.  If you live in Arizona and are looking for a large credit union with a local, customer-focused feel for your personal or business banking needs, look no further than OneAZ Credit Union.   All the show notes, links and anything Rebecca and I mentioned can be found at https://www.moneypeach.com/session143

Do you get paid a little differently each month? Maybe you are an entrepreneur, a real estate agent, in sales, or you you're a self-employed independent contractor. If this is you, you need to learn how to budget with irregular income. This week on the show, I am going to walk you through the 6 steps to irregular income budgeting. This is the same system I have used in my own business when setting up a monthly budget based on fluctuating income. Step 1: Find Your 90 Day Average Income Step 2: Determine Your Take-Home Pay Based on Gross Income Step 3: Open Separate Checking Account (Separate Bank) Step 4: Choose Your Paydays Step 5: Enter Monthly Take-Home Pay Into Budget Step 6: Readjust Every Month Based on Last 90 Days Once you've listened to all 6 steps, head on over to https://www.moneypeach.com/session142 to get the free budget templates I mention inside the episode. or you can simply Grab Free Budget Templates Here ** Thanks so much for listening to the show and if you feel the content of this podcast was helpful, please subscribe and leave a review! ** Today's show was brought to you by OneAZ Credit Union — my very own credit union I have been proud a member of since 2011.  If you live in Arizona and are looking for a large credit union with a local, customer-focused feel for your personal or business banking needs, look no further than OneAZ Credit Union.

Today I am going to break down the exact same budget our students are currently using to save on average $500 or more each month. A recent study shows that nearly 80% of Americans are currently living paycheck to paycheck.  This isn't because they aren't making enough or that they're spending too much — it's because what gets measured gets managed. On the show I will be breaking down the 7 steps below in detail and explain how they work and why each step is so important. Step 1: Go back 90 days Step 2: Make categories Step 3: Enter first two steps into budget Step 4: Zero out your budget Step 5: Follow the plan YOU created for YOUR money Step 6: Make adjustments Step 7: Rinse and repeat Once you've listened to all 7 steps, head on over to https://www.moneypeach.com/session141 to get the free budget templates I mention inside the episode. or you can simply Grab Free Budget Templates Here ** Thanks so much for listening to the show and if you feel the content of this podcast was helpful, please subscribe and leave a review! ** Today's show was brought to you by OneAZ Credit Union — my very own credit union I have been proud a member of since 2011.  If you live in Arizona and are looking for a large credit union with a local, customer-focused feel for your personal or business banking needs, look no further than OneAZ Credit Union.

On Monday, the Senate pushed through the HEALS Act which is expected to be signed into law on August 7th. What to expect from the HEALS Act: Stimulus Checks $1,200 for individuals making less than $75k and phasing out at $99k $2,400 for families making less than $150k and phasing out at $198k $500 for dependents 19 and younger OR 24 and younger if they are a student Unemployment Benefits The $600 weekly benefit (in addition to state benefits) expires on 07/31/2020 Decreased amount to $200 per week (in addition to state benefits) through September and then 70% wage increase, up to $500, from October through December 31st. School Reopening $70 billion to K-12 that open for in-person classes $29 billion for higher education $1 billion for Bureau of Indian Education $5 billion to be used by each state at their discretion Coronavirus Testing $16 billion This is only what has been proposed by the Senate on Monday and is expected to pass by August 7th. Talks from both sides of the aisle and President Trump have also mentioned that the package may even offer more than this current proposal.   ** This episode of the Money Peach Podcast was brought to you by OneAZ Credit Union - the credit union I have personally been a member with since 2011.  If you live in the state of Arizona and you are looking to get away from the profit-focused big banks - look no further than OneAZ Credit Union.  * All the show notes, links, and anything mentioned in today's show can be found over at https://www.moneypeach.com/session140 * Would you like to SAVE more money and PAY OFF DEBT faster?  Great! Please take my free how-to-budget mini course where I will quickly show you how to create a budget that fits your lifestyle and will also give you all of my templates and budget forms to get started. Head on over to https://www.moneypeach.com/freebudget    

We focus so much about helping our kids with the finances, but what about our parents? Right now there are close to 50 million Americans who are age 65 and over. This means 1 out of every 7 Americans should at least start having the money talk sooner than later. But how do you start a money conversation with your parents? What should you say, and more importantly - what do you NOT say? What things need to be in place before it's too late? What are the real-life examples of the shattered families when the money-talk didn't happen? Author, speaker, and personal finance journalist Cameron Huddleston is my guest on the show to take us through all of these answers and more. Cameron has lived it. After her mother was diagnosed with early onset dementia, Cameron painstakingly made her way through the financial journey with her own parents. During this time, she learned a lot of what to do and what not to do.  After going through this personal experience, Cameron made her mission to help other adult children navigate the waters of having the money-talk with Mom and Dad. You can grab a copy of Cameron's book: Mom and Dad, We Need to Talk here. * All the show notes, links and anything Cameron and I talked about can be found at https://www.moneypeach.com/session139

This week there was a post floating around social media right now (you've probably seen it) about the reality of a Cashless Society. I am going to break down that post, compare the facts vs fiction and the pros vs cons of a Cashless Society. Some of the facts surrounding the idea of a cashless society is absurd, a little bit of it actually makes sense, and part of this may even get the hairs on your neck to stand up! Don't worry, I'm not going to make you wonder where I stand on this topic...I'll explain in the first few minutes. * Need a better plan for your money? I am asking you to PLEASE take my FREE budget tool called the Cash Flow Formula. https://www.moneypeach.com/freebudget * This is the exact same tool I use every single day of my life and I would be completely lost without it. What gets measured gets managed and when you aim at nothing, you will hit it every time. * All the show notes, links, and anything I mentioned in the episode can be found over at https://www.moneypeach.com/session138 Thanks so much for listening and the best way to show support for the show is SHARE, SHARE, SHARE!  

Talaat McNeely from His and Her Money is on the show today to talk about how they paid off their mortgage in 5 years. Talaat and his wife Tai started His and Her Money back in 2015 and have become known as America's Couple Money Experts. They have an incredible YouTube channel with 144k subscribers and one of their highest viewed video is where they walk into the bank and pay off their mortgage! From starting with a negative net worth, lies about money inside the marriage, and a pile of debt — the two almost didn't make it. During our conversation, Talaat explains the steps they took to rebuild the trust inside the marriage and money, how they paid off their $30k in debt, and then how they paid off their mortgage in 5 years...starting out on a single income teacher's salary! *** All the show notes, links and anything we mentioned in the episode can be found over at https://www.moneypeach.com/session137   *** Looking for a simple budget for your family to live on? You can have the exact same budget my wife and I have used for the past decade to pay off all of our debt, stay out of debt, and build wealth. Grab it here for the best price of FREE: https://www.moneypeach.com/freebudget

Affluenza is the damage done to our health, our families, our communities, and our environment by the obsessive quest for material gain. To make this simple: Affluenza is the "we need more stuff to be happy" epidemic. Since the late 1950s, the happiness inside the United States has steadily decreased. However, incomes have almost doubled, our houses have more than doubled in size, and the quest to gain happiness through "stuff" is at an all time high. And what about the consequences of Affluenza? How much of our money do we actually save compared to the rest of the world? And what are the other consequences when it comes to this epidemic? All of this in the show today AND a freebie cheat sheet that I use when deciding on making a big purchase. *** You can grab that free PDF cheat sheet here: https://www.moneypeach.com/136download *** All the show notes and links mentioned in the episode can be found at: https://www.moneypeach.com/session136  

Benjamin Brandt, host of the Retirement Starts Today Radio Show and Founder/CEO of Capital Wealth Management is coming on the show today to talk about the 5 steps to building wealth inside your 401k. Believe it or not, $1 million may seem like a lofty goal by today's standards, but will it be enough if you're planning on retiring 20-30 years from now? Here are the 5 steps we will discuss during the show: Step 1: Start Saving Today  The money you will be living off of in retirement is not from the money you are setting aside today. It's from the money that your money will be making in the form of compound interest.  Step 2: 10% -15% Invested Start off by saving 10% - 15% of your income. Then, every time you get a raise, split the raise: half goes to you and the other half goes to your 401k. Step 3: Always Get the Employer Match 97 percent of employers offer a company match. How much is the match, is it a tiered match, and how do you find this out? Remember, the employer match is truly FREE money for your nest egg. Step 4: Invest Into the Right Funds Not everyone will be investing into the same funds. Some of us retire next year and other will retire in 30 years from now. Knowing what to invest in based on the level of risk and time you have left is crucial.  Benjamin gives some great insight on what you should be investing in depending on age vs risk vs reward. Step 5: Keep Your Hand out of the Cookie Jar There are three ways you can access money from your 401k, and only one of them is correct. The correct way: wait until you are in retirement and access your nest egg penalty free. Wrong way #1: early withdrawal and pay a hefty penalty Wrong way #2: take a 401k loan Benjamin breaks down why you want to avoid tapping into your 401k until you are at retirement age and most importantly why this is not a good idea. *** All the show notes and links Benjamin mentioned can be found at https://www.moneypeach.com/session135 *** If you would like a plan on how to create a budget, save more money, and pay off debt, I would love to work with you. I am currently taking applications for my next live coaching program. Head on over to https://www.moneypeach.com/apply to learn more about how you and I can work together and the results you will get. Apply Now  

What if God spoke to you and told you to take a year off from work? Not in a few months or years from now, but right now? This is exactly what happened to the founder of Seedtime.com — a Christian personal finance site dedicated to teaching biblical principles about money. During the interview, Bob shares how he was just coming off another great year in his business when he felt the nudge from God to take a year off. Timing could not have been worse for Bob when he felt God call him to do this, but he followed what he felt he was commanded to do. Did everything turn out just like you would expect?  Of course not. But what Bob and his family gained was far greater than they could have ever imagined. *** Looking for a better way to manage your finances so you can save up and prepare for real estate investing? I am currently taking applications for the upcoming financial coaching program where you and I will be meeting for 5 weeks over a weekly Zoom call. In those 5 weeks, you will master a spending plan, you will save $500, and you will start rapidly paying down debt.  Over 100 people just like you have gone through the program and the program is currently at just over a 97% success rate! You can apply here: https://www.moneypeach.com/apply I personally review all applications and will be in contact with you soon! Grab Show Notes Here

Why would anyone want to invest in real estate? Maybe it's to diversify their retirement nest egg? Or maybe they're looking for a passive income stream? Or maybe they want to build long-term wealth they can pass down to future generations? Whatever your reasoning is for investing in real estate, the biggest question should be: How do I get started? I'll be honest - even for someone who has spent years inside the financial world, I still have many questions and I am definitely NOT an expert in real estate by any means. (In fact, I will share in the episode how I lost a ton of money in real estate in 2019). Therefore, I am turning to an expert when it comes to long-term real estate investing — Dustin Heiner. Dustin is the founder of MasterPassiveIncome.com and SuccessfullyUnemployed.co. During our conversation, Dustin will share the 6 ways he earns passive income in real estate and how to get started. We discuss everything from choosing the right property, finding the right property manager, what parts of the U.S. Dustin is currently invested, and some red flags you must watch out for. Dustin also will share with you how he has built up a portfolio of over 30 properties and what he is expecting the future of real estate investing. Dustin is also giving away a free course for listening to the show and you can find that by heading on over to the show notes here: https://www.moneypeach.com/session133   *** Looking for a better way to manage your finances so you can save up and prepare for real estate investing? I am currently taking applications for the upcoming financial coaching program where you and I will be meeting for 5 weeks over a weekly Zoom call. In those 5 weeks, you will master a spending plan, you will save $500, and you will start rapidly paying down debt.  Over 100 people just like you have gone through the program and the program is currently at just over a 97% success rate! You can apply here: https://www.moneypeach.com/apply I personally review all applications and will be in contact with you soon! Grab Show Notes Here

Chris explains some really interesting ways to improve our credit that I had never heard of before. One thing Chris mentions is making sure you pay down the balance on your statement close date and not on the payment due date. This is because the banks report to the credit bureaus on the statement close date — not on your due date. This means even if you pay off your credit card on-time, you could still be hurting your credit if your balance is above the available credit line threshold. Also, Chris talks a lot about why you don’t need to pay someone to fix your credit for you and how simple it really is. I was even a little surprised with how simple it is. And if you’re someone who is just starting out and trying to build your credit, Chris and I both discuss a unique strategy that involves piggybacking onto a tradeline. *** Looking for a better way to manage your finances? I am currently taking applications for the upcoming financial coaching program where you and I will be meeting for 5 weeks over a weekly Zoom call. In those 5 weeks, you will master a spending plan, you will save at least $500, and you will start rapidly paying off debt. Over 100 people just like you have gone through the program and we are currently at just over a 97% success rate! You can apply here: https://www.moneypeach.com/apply I personally review all applications and will be in contact with you soon! Grab Show Notes Here

Do you have a ROTH 401(k) option with your employer?  Right now about 50% of employers who offer a 401(k) are now offering a ROTH 401(k) as an alternative option for retirement, and 60% of those who have access to a ROTH 401(k) are using them. In this episode, I am going to talk about why the ROTH 401(k) is a much better option and explain exactly how the ROTH 401(k) works. Once you understand the why behind the ROTH 401(k), you'll be making the call to your HR department and start contributing to the ROTH 401(k) in no time at all. **If your employer does NOT offer a ROTH 401(k) and you still want access to tax-free savings in retirement - you still can.  **For the purpose of this episode, the rules for the 401(k) can also apply to your 401(a), 403(b), 457, or TSP. **Ready to reach financial freedom? Join me in our next live coaching program, Smart Money Academy. This is a live coaching program where you will learn how to manage every dollar, pay down debt, save more, and truly reach peace with your life and money. All the show notes and links from the episode can be found out https://www.moneypeach.com/session131

Have you noticed that every successful brand, company, and entrepreneur have one thing in common - they all have a blog? Blogging has become the #1 way to help a business create loyalty from their customers by creating valuable information their future customers both want and need. A real estate agent may blog about the housing market, a stylist could blog about DIY tips for your hair, and a personal finance coach may even blog about tips to living on a budget! The point is, all brands should have a blog and the majority of them do. This is where you come in...who is going to create their blog content? And more importantly; who are they going to pay to create their blog content? All show notes and links from this episode can be found at https://www.moneypeach.com/session130 . And if you would like to ask me a question and possibly get featured on the show, head on over to https://www.moneypeach.com/askpeach Thanks for much for listening and supporting the Money Peach Podcast!

How much money can you really make as a virtual assistant? Lately as we enter week 5 of quarantine, I have had many people ask me how they can start to generate income from home. One of my favorite ways I recommend to others is as a virtual assistant.  Which brings me to my guest on the show today - Kayla Sloan. She is my former virtual assistant for Money Peach and today Kayla has moved away from doing virtual assistant work to actually helping others get started. Over the past few years, she has helped hundreds of people get started making real money working from home.  She also has a community of other virtual assistants from around the world who are helping each other find and land jobs that fit their skill set. If you have ever wanted to or thought about working from home part-time (or full-time) on your schedule while making a great living, a virtual assistant job may be the perfect solution. All the show notes and links can be found at https://www.moneypeach.com/session129.   You can also learn more about how Kayla can help you at https://www.moneypeach.com/tenkva   Thanks so much for listening and for supporting the show. If you have any questions, head on over to https://www.moneypeach.com/askpeach where you can leave a voice message from your phone or desktop.  

There are many changes to retirement distributions since the passing of the CARES Act. I will cover: • Waiving the ealy withdrawal penalty from retirement account • New rules for taking a loan against your retirement account • RMDs and how this could be used towards your advantage this year • Paying taxes on withdrawals and how it has changed • Current retirement plan loan and how that has changed for 2020 If you have a question, visit moneypeach.com/askpeach and you can leave an audio recording of your question that may be featured on the show. All show notes and links from this episode can be found at https://www.moneypeach.com/session128

I have Deacon Hayes, founder of Well Kept Wallet and money expert when it comes to side hustles and making extra money. This episode was recorded live and streamed to both the Money Peach Facebook and Money Peach Youtube channels. In the episode we share some of the best places to make money from home. Freelancing from home has become extremely popular over the years - especially during COVID-19. But, if you still feel like you're ready to leave the house and make money at some of the essential services in your local area, we will share with you who is hiring and what you can expect. To get all the links from the show notes, head on over to https://www.moneypeach.com/session127

Robert Farrington from The College Investor - an expert in everything student loans, is here to tell us everything we need to know about Student Loans and what to expect with the passing of the CARES Act.   How long do you have to completely stop making payments? How will the interest be accrued on your student loan? What about income-driven student loans? What if you have a PSLF student loan? What if your set up on auto-debt - what should you do? What if your student loan is currently under tax offsets or under collections? Also, Robert explains why right now is such a good time when for student loan borrowers - especially for those who are delinquent on their loan payments. All the details from the interview can be found at the The College Investor's Student Loan Forgiveness Resource: https://thecollegeinvestor.com/33288/quarantine-lockdown-student-loans/   Robert was also a guest on the Money Peach Podcast back on Episode 78.

Today on the show I bring on Jacob Wade from iHEARTBUDGETS to share everything you need to know when it comes to changes to the finances with COVID-19.   Jacob was recently featured on CNET, the Plutus Foundation and many other sites as the go-to resource for financial relief during this crisis. In the interview, we discuss: How much each person will receive from the CARES Act When they can expect to see the money hit their account How they will receive the money How much you will receive for each child in your household The new rules for unemployment Mortgage relief Eviction relief for tenants What you must do now to make sure you're qualified All the show notes, links and anything Jacob and I mentioned can be found at https://www.moneypeach.com/session125 If you would like to ask a question and have it featured on the show, you can ASK PEACH here: https://www.moneypeach.com/askpeach    

Dave Ramsey personality Chris Hogan is coming on the show today to explain how the everyday normal guy can in fact become a millionaire. Now, before you raise your eyebrow at me - let me be clear on what a millionaire is… A millionaire does NOT mean you earn a million dollars per year. Instead, Chris explains that a millionaire is simply someone who has a NET WORTH of a million dollars or more. This means if you take their assets (what they own) and subtract their liabilities (what the owe), these people would have a net worth of a million dollars. With that said, let’s dive into what this episode… With the help of the Dave Ramsey team, Chris studied over 10,000 people with a net worth of a million dollars or more to find out… What they do for a living Self made millionaires or inherited millionaires How much money they make in a single year Where they are investing their money What age they become millionaires What age they go completely debt free What kinds of cars they drive Their everyday spending habits And their daily habits   To be honest - some of these will absolutely shock you - especially when you find out what some of these millionaires do for a living, how quickly they pay off their mortgage, and how much they spend going out to eat. All the show notes, links and anything Chris and I mentioned can be found at https://www.moneypeach.com/session124 

I know, I know - Medicare is not a very sexy topic in life. But, what if I told you there was an opportunity to save thousands of dollars in the future by PAYING attention to Medicare right now? By the way - did you know medical coverage in retirement is the largest expense you will all face later in life? And, since I haven’t covered this topic at all on the show, I knew now was the perfect time. I also knew I wanted to bring the best of the best on when it comes to experts in this arena, so I was able to get Danielle Roberts to come on the show. 
Danielle is the go-to expert for all things Medicare for the publications like Forbes, the Huffington Post and Readers Digest. She is also co-founder of the uber popular blog and website Boomer Benefits. But first…. IMPORTANT: This episode is NOT just for those getting ready to hit retirement. There are few things Danielle will share that will save those who are years away from retirement thousands upon thousands of dollars. If you’re like me (35 years old) and you take advantage of what Danielle is talking about in terms of saving money in your later years by starting now, your older self will thank you! Here’s what you can expect from today’s show: • How did Medicare first get started? • How does Medicare Part A work? • What you need to know about Medicare Part B • Why Danielle loves Medicare Part C the most • Medicare Part D: A tip to ask your doctor to save you thousands • How to use your Health Savings Account with Medicare • The average amount a couple pays for medical in retirement • What resources do baby boomers have available right now
 And of course, if you know anyone who already 65 or getting close to it, PLEASE do them a favor and share this episode with them. They will be so glad you did. All the show notes, links and anything Danielle and I mentioned can be found at https://www.moneypeach.com/session123 

Well, are you about to freak out yet? Why? Because we are about a week away from Christmas and the spending is in full force right about now. In fact, did you know the average American family will spend over $845 in 2018 and closer to $1,000 in 2019?! I am not saying you shouldn’t spend that much this Christmas. I say if you have the money and want to spend it - by all means, go right ahead! But what if you don’t have the money? What if the holiday season sneaks up on you and the only option is to put it all on a credit card? If you remember from last year, this means you’ll be making credit card payments for Christmas in July. The Solution: This week I am sharing with you our little SAVINGS HACK for the big expenses in life. Christmas, vacations, emergencies, new cars or any other big expense you can anticipate. If you start what we are talking about this month, you’re going to really enjoy spending money this time next year because you’ll have the money set aside. And when the vacation comes up you want to go on, you’ll have the money set aside. Or when the hot water heater goes out, you’ll have the money set aside. Whatever large expenses you have, you’ll have the money set aside. Mentioned in the show: Best Online Banks: CIT Savings Builder - 2.55% APY when you save $100/month OR have a balance of $25,000 https://www.moneypeach.com/citsavingsbuilder CIT High Yield Savings - 1.55% APY when you open an account with $100 minimum balance https://www.moneypeach.com/citsavings **The links above are affiliate links. This means Money Peach is a partner with CIT Bank and they can send a commission for using one of the above links. It doesn’t cost anything more or less for you but allows Money Peach to fund this podcast. Thank-you for your support! All the show notes, links and anything else I mentioned can be found at https://www.moneypeach.com/session122