Economical and financial advantage
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& William D. Danko
The Millionaire Next Door The Surprising Secrets of America's Wealthy by Thomas J. Stanley --- Support this podcast: https://anchor.fm/bestbookbits/support
We all have at least one friend or family member that wishes he or she could have some financial education when they were kids, at high-school, or even at college. Once we are all grown-up, it can be a little harder to learn financial skills, but it is not impossible at all! Learning financial skills is an important and powerful virtue that can take you to places you’ve never thought of. Today’s guest expert, Curtis May, was that kid. Born in Philadelphia, Curtis’ parents never had the motivation to get a good education or a good job, so he decided to help people with that conversation. Curtis is now the father of three little girls and is convinced that every parent should have those conversations with their children. Curtis May is now a financial educator, and we will learn from him how to manage our money the right way, or as May puts it, ‘It’s not what you earn, is what you keep’. Curtis May is here to tell us about his 35-year-old business, how his company teaches people to manage money the proper way and multiply it with a well-built prosperity economic model, focused on long term learning and multiple investing options. Walk with us as Curtis shares the books that changed his world, how he made his first investment and the Prosperity Economics Movement he is part of. ‘Your economic situation is a matter of choice not chance.’ Curtis May. Podcast summary: 06:10 - Why you need to be your own steward when it comes to taking care of your money. 08:20 - Some general insights into Speculation and Investments. 12:00 - Curtis’ focus on efficiency in keeping money and a great way to increase your personal margin. 16:00 - Differences between lifestyle money, accumulated money, and transfer money. 20:30 - Considering the worth of the money you’ve spent is important for it to have a future. 23:00 - Curtis’ first income hack: How investing in his skills set has meant a direct growth in Curtis’ income. 26:30 - Managing property by himself: How lacking experience turned into a nightmare for May and how to minimize your liability. 30:20 - “If you get better at what you’re doing and at communicating what you’re doing, your revenue goes up” 34:20 - Knowing how to manage your money and the importance of understanding how money works. 42:40 - Being the example of you what you preach to your kids. 48:30 - Freedom and the pleasure of being able to do what you want to do, whenever you decide to do it. Connect With Dan How The Wealthy Invest in Real Estate - FREE report Website ‘Practical Wealth Advisors’ The Practical Wealth Podcast. Financial Planning has Failed by Curtis May and co-author Kim Butler. Episode Resources Rich Dad Poor Dad by Robert Kiyosaki Becoming Your Own Banker by R. Nelson Nash Money For Life by Jeffrey Reeves Profit First by Mike Michalowicz The Millionaire Next Door: The Surprising Secrets of America's Wealthy by Thomas J. Stanley
Join me in Episode 12: ‘Start Where You Are’ with my special guest, Pam Owens. Pam has a 25-year career in the IT industry with a Business Analyst/ Project Management background; is an Adjunct Professor and is a Registered Representative, helping individuals, families and businesses with financial strategies and solutions. This episode serves as a part 2 to Episode 11 “What’s the Cost to Stay,” where coach Brittany Jackson and I explored knowing when it is time to leave a position that is no longer growing and serving you. But can you afford to leave? Are you set up financially for a gap in your employment, whether it is by choice or not? In episode 12, Pam and I tackle the issues of finances and savings so that you have security in case your job situation becomes unstable and also so that you have the freedom and flexibility to make the moves that you need to in your career. No matter your current financial situation, we encourage you to Start Where You Are! Dollar by dollar, it is possible for each of us to build the habits of savvy spending and saving. In this episode, discuss a few books that are great for anyone who wants to better understand and build up their finances. Check them out below after listening! “The Dip: A Little Book That Teaches You When to Quit (and When to Stick)” by Seth Godin “The Millionaire Next Door: The Surprising Secrets of America's Wealthy” by Thomas Stanley and William Danko “Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!” by Robert Kiyosaki ******************* Contact Pam at: Cell: [561] 703-3345 Email: owenspamr@outlook.com Follow Pam: IG: www.instagram.com/pamowens2968 Follow me at: Website: www.jackiemitchellcc.com IG: www.instagram.com/jackiemitchellcc FB: www.facebook.com/jackiemitchellcc Twitter: www.twitter.com/jackiemitchcc **************
National best-selling author, host of The Chris Hogan Show, and expert on wealth-building, Chris Hogan shares what he learned studying everyday millionaires. Learn the truth about what it takes to reach millionaire-status in America. Guest Biography Chris Hogan is a #1 national best-selling author, dynamic speaker and financial expert. For more than a decade, Hogan has served at Ramsey Solutions, equipping and challenging people to take control of their money and reach their financial goals. His second book, Everyday Millionaires: How Ordinary People Built Extraordinary Wealth—And How You Can Too, releases in January 2019. You can follow Chris Hogan on Twitter and Instagram at @ChrisHogan360 and online at chrishogan360.com or facebook.com/chrishogan360. Show notes: http://www.inspiredmoney.fm/073 In this episode, you will learn: How Chris took lessons in leadership and teamwork from sports and applies them to money and business. We'll hear about Chris' new book and things like what a millionaire looks like. More importantly, we'll hear about common traits and characteristics that he identified among millionaires that you can learn from and emulate. Find more from our guest: chrishogan360.com twitter.com Facebook Instagram YouTube LinkedIn Mentioned in this episode: #InspiredMoney giveaway: www.inspiredmoney.fm/book FinCon Dave Ramsey Books: Everyday Millionaires: How Ordinary People Built Extraordinary Wealth―and How You Can Too by Chris Hogan Retire Inspired: It's Not an Age, It's a Financial Number by Chris Hogan The Millionaire Next Door: The Surprising Secrets of America's Wealthy by Thomas J. Stanley and William D. Danko Runnymede Money Tip of the Week: Chris Brogan's #mythreewords If you want to share, tweet your 3 words with #mythreewords and #InspiredMoney so I can see it. You may also share it at inspiredmoney.fm/facebook. Thanks for Listening! To share your thoughts: Leave a note in the comment section below. Share this show on Twitter or Facebook. Join us at the Inspired Money Makers groups at facebook and LinkedIn To help out the show: Leave an honest review on Apple Podcasts. Your ratings and reviews really help, and I read each one. Email me your address, and I'll mail you an autographed copy of Kimo West and Ken Emerson's CD, Slackers in Paradise. Subscribe on Apple Podcasts. Special thanks to Jim Kimo West for the music.
The His & Her Money Show: Managing Money, Marriage, and Everything In Between
On today's episode of the His and Her Money Show, we have a young couple, Leo and Faith, who have an awesome debt-free story. This phenomenal couple is on a debt-kicking mission and is half-way to the finish line. They have paid off $115,000 of debt in 12 months! How? Listen to the episode to find out the strategies that they applied. Faith is really passionate about debt freedom, helping people get out of debt and talking about finances. Leo is an occupational therapist, who loves to play basketball during his free time, and is passionate about sharing their story of hope. At first, Faith had a mindset of seeing debt as normal and planned to take care of it later. She bought all the things she wanted, the opposite of Leo. Leo, in fact, motivated her to settle their debts first in order to begin a family. They have figured out the purpose and vision of their marriage. Having financial conversations before they've got married helped them to address their goals early on. Leo and Faith did some side hustling, spending almost all their time working and attacking one loan at a time. They have created a poster to visually see the flow of their debts and payments. Furthermore, they are treating it seriously and considering it as a kind of motivation. They are dedicated and are digging their heels in to get to the finish line. RESOURCES The Millionaire Next Door: The Surprising Secrets of America's Wealthy by Thomas J. Stanley Love Your Life Not Theirs: 7 Money Habits for Living the Life You Want by Rachel Cruze https://freedomisachoicemvt.com/
Andrea’s life quality is high, he likes to eat well, dress well and has a passion for expensive watches. Last year he lived in New York and Milan and still, he managed to save about 70% of all his income. How is that possible? Andrea has a blog about personal finance and how to reach financial freedom, but it’s only in Italian and if you don’t speak italian we have summed up 10 of his secrets. 10 steps that, if followed almost exactly in this order, can get you financial freedom. Understand the equation Money = Freedom Saving is the first and most important step “Can I afford it?” is the wrong question to ask when buying something How to keep a budget What to invest in? Difference between Stocks / bonds / funds / ETFs Why the dollar cost average is very important In the long run, there is no financial crisis that can hit you Diversify and be safe Minimize bank fees and expenses Your friends might be the reason you’re not rich yet BOOKS we mention "If You Can": How Millennials Can Get Rich Slowly by William J Bernstein “The Investment Answer” by Gordon Murray "The Millionaire Next Door: The Surprising Secrets of America's Wealthy" by Stanley Thomas "A Random Walk Down Wall Street" by Burton Malkiel Thank you Andrea and Incassaforte for all the good reads and to push us to invest. *** This podcast is brought to you by Audible, the to-go audiobook app from Amazon. Go to http://www.audibletrial.com/doubleespresso and get a FREE book and a free 30-day trial. Too complicated? You can also donate with PayPal at paypal.me/doubleespressoshow. All the support is welcomed and we thank you for it! *** Give us feedback on Facebook @TheDoubleEspressoShow or on on Twitter @2espressoShow If you want to support the monthly expenses, you can donate at PayPal.Me/osib Grazie, Claudio and Simone
If we could first know where we are and whither we are going, we could better judge what to do and how to do it. Abraham Lincoln - so do you know where you are going financially? Have you done the math - Today I am going to teach you the 3 step secret to massive wealth. Welcome to Richer Soul - your journey to more a purposeful, intentional, amazing life. Where are you going to go and how are you going to get there? Let's figure that our together. At the core is the financial well being to be able to do what you want, when you want, how you want. It's about personal freedom. Today we are going to talk about MONEY - I am going to tell you the secret to building wealth! It's 3 easy steps. Live on less then you earn Save the difference Make the money you save - grow. Bonus - stay out of debt That's it, that is all you have to do and over time compounding will allow your savings to grow massively. When I sit and talk with people who are financially successful, they follow the 3 rules and the discussion is always this - it is so easy why do people have such a difficult time doing this? I was just on a call recently with a bunch of millionaires and each one had a different story but they all followed the 3 step path. Cash Flow Excel File Balance Sheet Excel File Blog post about Roth IRA for Teenagers I Will Teach You to be Rich, Ramit Sethi Blog Post Cutting Costs Money Master the Game, Tony Robbins Rich Dad Poor Dad The Millionaire Next Door: The Surprising Secrets of America's Wealthy The Richest Man in Babylon The Financial Wisdom of Ebenezer Scrooge: 5 Principles to Transform Your Relationship with Money www.biggerpockets.com/