Podcasts about Bad debt

Are you throwing money away each month and working extra hours just to pay interest? The average American pays $8,000 per year in interest alone. That's $667 every month! But the real cost isn't just the dollars—it's the extra hours you work to pay those bills. In this eye-opening episode, we expose five dangerous debt myths that could be forcing you to work harder than necessary: Why making minimum payments on credit cards could keep you in debt for 22+ years The hidden trap in Parent PLUS loans that could delay your retirement When NOT touching your home equity is actually costing you money The surprising truth about reverse mortgages (they're not always bad!) Why "all debt is bad" thinking might be limiting your wealth-building potential Key Quote: "I realized I was working for my debt instead of having my debt work for me. Once I understood the difference between productive and destructive debt, everything changed." Whether you're carrying credit card balances, considering college funding options, or wondering about your mortgage, this episode will help you identify which debts are holding you back and which might actually help you build wealth—allowing you to work less while achieving better financial outcomes. Ready to rethink your relationship with debt? Connect with us for a complimentary debt strategy session at wealthwisdomfp.com/call   01:24 Meet the Team 02:41 The Cost of Debt in America 07:32 Debt Myth #1: Credit Card Minimum Payments 14:58 Debt Myth #2: Parent Plus Loans 25:59 Debt Myth #3: Mortgage Rates and Home Equity 29:48 Exploring Home Equity Loans 30:08 Comparing Interest Rates and Savings 30:56 Understanding Home Equity Loan Payments 32:41 The Concept of Home Equity Loans 36:31 Reverse Mortgages: Pros and Cons 45:12 Evaluating 401k Loans 48:36 Good Debt vs. Bad Debt 53:12 Bank on Yourself Policy Loans 55:17 Wrapping Up and Final Thoughts   Watch on YouTube here: https://youtu.be/owG5LW26xlo 

Healthcare organizations nationwide are navigating tighter margins and shrinking reimbursement rates. That's why considering opportunities from Medicare bad debt is one way to find additional reimbursements. If the term “bad debt” makes you wonder what “good debt” is, our shareholder and healthcare expert Mark Lyons breaks it all down. Mark explains what types of bad debt are and aren't allowable under Medicare rules, the challenges of collecting bad debt, and how healthcare facilities can minimize those challenges. This is an especially good episode for healthcare providers trying to wrap their arms and heads around all the rules … or for anyone who enjoys obscure government regulation trivia. So, good debt or bad debt, you're going to want to listen in to learn more! Resources Frequently Asked Questions about Medicare Bad Debt Previous Mark episodes Funded Depreciation and Rural Healthcare Mark's Path to Glory Rural Health Clinics & Fruit Pizza Rural Health Clinics Part II Fun With Allowable Costs and Activities and Medicare Advantage Plans Healthcare Allocation Statistics Your Business and Inflation

WFR Radio 422 Good Debt vs Bad Debt Part 2 by Tony Walker Financial

Meet George Kamel, a Ramsey Personality, personal finance expert, and #1 national bestselling author dedicated to helping you break free from the toxic money system and build real wealth. Since joining the Ramsey Solutions team in 2013, George has gone from a negative net worth and $40,000 in consumer debt to becoming a millionaire in under a decade by following Dave Ramsey's Baby Steps. As co-host of The Ramsey Show and Smart Money Happy Hour podcast, and through his popular YouTube channel, George educates and entertains with a snarky sense of humor, exposing the financial traps and lies designed to keep you broke. In his new book, George shares his personal journey and reveals how everyday people can escape the cycle of debt, cynicism, and hopelessness that's become all too common in today's world. He debunks myths like “student loans are the only way to a good job,” “car payments are just part of life,” and “you need a credit card to survive.” Through a millennial perspective, George exposes the pitfalls of credit cards, credit scores, student and car loans, mortgage mistakes, investing traps, and the relentless marketing that encourages overspending. Follow Travis on: – IG

On this episode of the Evolve to Succeed Podcast, Cassidy Macken shares her inspiring journey of starting Cassidy's Beauty Academy.  From her early passion for beauty to the challenges of running a business while raising children, Cassidy discusses the importance of education in the beauty industry and her drive to fill the gaps she identified. She also opens up about her experience with ADHD and how it influences her approach to business. Cassidy emphasises the significance of securing funding and overcoming fears in the entrepreneurial journey, providing valuable insights for aspiring business owners. Cassidy shares her journey of entrepreneurship, discussing the nuances of good and bad debt, the challenges of securing funding, and her experiences as a young mother balancing family and career.   This episode of the Evolve to Succeed Podcast covers… Cassidy's journey in the beauty industry at a young age. Balancing motherhood and running a business. Education in the beauty industry. ADHD in business. Stepping out of comfort zones. Adapting to industry trends. Understanding the difference between good and bad debt. Securing funding. Finding the right business location. Having a clear vision for business growth. Taking risks when young.   Chapters 00:00 Introduction 01:03 Inspiration Behind Cassidy's Beauty Academy 10:16 From Beauty to Education 20:02 Navigating the Competitive Beauty Industry 22:02 ADHD in Business 27:49 Securing Startup Funding 28:20 Good Debt vs. Bad Debt 29:51 The Journey to Securing Funding 32:53 Finding the Right Business Location 34:27 Resilience in Business 37:40 Balancing Motherhood and Business 40:05 Vision and Goals for the Business 42:17 Staying Focused on Your Goals 47:11 Advice for Young Entrepreneurs 55:32 Defining Personal Success  

I want to hear your thoughts about the show and this episode. Text us here...In this episode of the Podcat, our host Julie DeLucca-Collins welcomes financial advisor Erica Schrock to discuss the unique financial challenges women face. Erica shares her inspiring journey from a country music artist to a financial advisor, emphasizing her commitment to helping women achieve financial independence without judgment. The conversation covers the importance of understanding one's financial situation, money management's emotional aspects, and practical financial planning steps. Erica encourages listeners to start small and reach out for support, highlighting that financial independence is achievable with the right mindset and guidance.Key points discussed: Importance of financial independence for womenUnique financial challenges faced by womenHistorical context of women's financial independenceEmotional aspects of money managementStrategies for starting small in financial planningMindset's impact on financial habitsUnderstanding good debt versus bad debtImportance of having a financial safety netComponents of a solid financial strategy (defense, offense, special teams)Encouragement for women to take proactive steps toward financial securityFind Erica here: https://www.northwesternmutual.com/financial/advisor/erica-schrock/https://www.instagram.com/erica_schrock_/Feeling scared about starting a podcast? I've got you. Download my 30 day guide to starting a podcast. This guide helps you with tangible steps to get your message to the world. Dowload your 30 day Guide HERE. This is an invitation to join a supportive community of purpose-driven entrepreneurs who are creating an impact in the world.A mastermind is a community of peers who exchange ideas, provide support, and offer sound advice for running a successful business.Join the Confident YOU Mastermind now at https://goconfidentlyservices.myflodesk.com/confidentyoumastermindSupport the showOther helpful resources for you: Learn more about my Confident You Mastermind Today! Here's your Guide to Starting A Podcast in 30 days, download yours today! For more about me and what I do, check out my website. If you're looking for support to grow your business faster, be positioned as an authority in your industry, and impact the masses, schedule a call to explore if you'd be a good fit for one of my coaching programs. Thank you for listening to our podcast. Please Subscribe! Join our Facebook GroupInstagram, TikTok We love reviews! Please leave us a review.Contact us if you want to Launch, restart, or grow your podcast.

Allie and Quint talk about what is good debt and what is bad debt.

There are a few things in life that I will go to the wall to defend and one of them is this:There is no such thing as bad debt.We've been misinformed, and sometimes straight up lied to, for far too long, and today, I'm blowing the BS whistle and breaking down why there is no such thing as bad debt.No more guilt and shame and bad vibes on using your resources, babe.  Press play to initiate transformation.--Your MONEY transformation awaits!  Get on the waitlist TODAY:amyvanmeijl.com/moneyDoors open March 7th!--CONFIDENCE WORKSHOP WAITLIST:   amyvanmeijl.com/confidence--GO DEEPER:Freebies, coaching & money programs: amyvanmeijl.com -- SUBMIT A QUESTION: Submit a question to the podcast: amyvanmeijl.com/podcastquestions -- SOCIALS & SHARE A REVIEW: 

Is the FIRE movement familiar to you? In this episode, we will dive into how you can maximize the FIRE movement strategy. EnjoyAny questions?*** Interested in our $10k/month passive strategy? Just sign up for our newsletter at https://bit.ly/iwg-strategy BOOK IS OUT! Grab Your Copy and learn how to get your feet wet in real estate investing Download episodes to your favorite platforms at idealinvestorshow.com Connect with us through social! We'd love to build a community of like-minded people like YOU!

Matsaung Thabo Hollo – Senior Programme Manager, Old Mutual SAfm Market Update - Podcasts and live stream

Are you making debt work for you or against you? Africa Melane discusses the difference between good and bad debt with Old Mutual’s Massing Thabo HolloSee omnystudio.com/listener for privacy information.

I'm sure you guys have heard the discussion of good vs. Bad debt before... And in my experience, a lot of people are under the impression that any debt, is bad debt. That's not necessarily true – and having a solid understanding of this will draw that line between good/bad debt within your financial decisions. Good debt can really help you achieve goals. What are some examples of good debt?  

Ready to dominate commercial real estate?

Whether buying or building, laundromats are a big investment! Luckily, there are many options out there to help you finance that investment and start you on your entrepreneurial journey into the laundry industry!Referenced Links: Our Sponsor: H-M Company Drain Troughs: https://www.draintroughs.comOur Website: https://www.laundromatmillionaire.comOur Online Course: https://dave-menz.mykajabi.com/sales-pageOur Youtube channel: https://youtube.com/c/LaundromatMillionaireOur Podcast: https://laundromatmillionaire.com/podcast/Our Facebook: https://www.facebook.com/laundromatmillionaire/Our Facebook Group: https://www.facebook.com/groups/laundromatmillionaireOur LinkedIn: https://www.linkedin.com/in/dave-laundromat-millionaire-menz/Our Instagram: https://www.instagram.com/laundromatmillionaire/Our laundromats: https://www.queencitylaundry.comOur pick-up and delivery laundry services: https://www.queencitylaundry.com/deliveryOur WDF & Delivery Workshop: https://laundromatmillionaire.com/pick-up-delivery-workshop/LaundroBoost Marketing Company: https://laundroboostmarketing.com/Suggested Services Page: https://www.laundromatmillionaire.com/servicesWDF & Delivery Dynamics: A Complete Business Blueprint: https://laundromatmillionaire.com/wdf-delivery-dynamics-a-business-blueprint/Eastern Funding: https://www.easternfunding.com/Alliance Financing: https://distribution.alliancelaundry.com/finance/Prime Capital Financing: https://www.goprimecap.com/laundry-financingImage: https://helloskip.com/blog/sba-express-loansImage: https://www.fptransitions.com/blog/lending-for-successors-what-advisors-need-to-knowLM Episode with Mike Fingers: https://youtu.be/35Od9WsLHD8LM Episode on SanOWash: https://youtu.be/uba2xsLJh_ELM Episode on Perfect Pour: https://youtu.be/LTz_7kC-vgQCodie Sanchez Podcast: https://www.youtube.com/@PodcastBigDealTimestamps00:00 Episode 89 Intro00:41 Spotlight – Black Friday Sales Events02:20 Episode's Focus03:27 Good Debt vs Bad Debt and Consumer vs Business Debt10:21 Assessing the Risk of the Debt12:16 Lender Type #1: the SBA19:54 Lender Type #2: Conventional Loans31:53 Lender Type #3: Industry-Specific Loans40:42 Our History of Equipment Loans & Renovations44:24 Lender Type #4: Seller Financing 45:06 The Art of Negotiation47:15 Buying & Selling Laundromats52:43 Our History of Seller Financed Deals58:44 Closing Remarkswww.FranchiseResaleReady.comBuy or Sell An Existing Franchise Business

Dion McNeeley retired in just ten years after starting from not just zero but NEGATIVE. He was forty years old with $89,000 in debt, had no assets, a low-paying job, and zero investing experience. Thanks to his “lazy” method of building wealth, he was able to amass millions of dollars in assets, create over $200,000 per year in passive income streams, and retire just ten years after starting his journey to FIRE. Can you do it, too, even in today's markets? Yes! Dion did what most people aren't willing to: lower your cost of living, spend less, save more, and yes…house hack. He built a small real estate portfolio just by house hacking alone. Still, thanks to the compounding effect of real estate, Dion's passive income from the rentals began to overtake his monthly expenses. Now, he rakes in four to five times more than he could ever spend. Who wouldn't want a $200,000 per year income stream in retirement?! But it's NOT too late to copy Dion's exact strategy. In fact, Dion is sharing why NOW is one of the best times ever to get into real estate investing and how you, too, in ten years or less, could be making major passive income and enjoying early retirement! In This Episode We Cover How to explode your passive income by slowly investing in real estate Dion's journey from $89,000 in debt and low-paying jobs to financial freedom Why Dion encourages you to IGNORE what everyone is saying about the housing market  A $1,000,000 mistake that Dion made that you should NOT repeat (DON'T pay off your house!) Why Dion doesn't care about growing a big real estate portfolio (and you shouldn't either!) And So Much More! Links from the Show Mindy on BiggerPockets Scott on BiggerPockets Listen to All Your Favorite BiggerPockets Podcasts in One Place Join BiggerPockets for FREE Email Mindy: Mindy@biggerpockets.com Email Scott: Scott@biggerpockets.com BiggerPockets Money Facebook Group Support Today's Show Sponsor, Connect Invest, the Alternative Way to Earn Passive Income Through Real Estate Want to Retire Early with a Small Rental Portfolio? Grab the Book “Small and Mighty Real Estate Investor” Find an Investor-Friendly Agent in Your Area The Lazy Person's Guide to Financial Freedom in Less Than 10 Years with Dion Mcneeley Connect with Dion (00:00) Intro (01:00) $89K of BAD Debt (07:00) Do This NOW! (10:58) Great News for Landlords (13:43) Dion's $1,000,000 Mistake (16:19) No Stocks, No Bonds...Just Rentals? (18:15) "Reverse Budgeting" (19:58) Emergency Reserves and Current Portfolio (22:13) Working 2 Hours a MONTH! (23:49) Dion's FIRE Advice (27:39) Connect with Dion! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/money-587 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Today is episode 200 of Price of Avocado Toast! What a wild journey! Thank you everyone for all of your support the last five seasons. Today we're debunking 6 common misconceptions about debt. We take on some of the big phrases you've heard and share why we don't agree with some of these stances. We want you to know you have value and worth to this world outside of your debt, so fighting these misconceptions is priority number one as we heal our mindset around debt. Enjoy!   In this episode, we chat about: Debt vs. Leverage Good Debt? Bad Debt? Do I have to do this alone?   MENTIONED IN THIS EPISODE: Empowered Money Academy ABOUT PRICE OF AVOCADO TOAST: Listen in with Haley and Justin Brown-Woods, married millennials picking up the pieces from the financial fiasco they created as a young couple.  They want to normalize conversations about money and learn from others on the path towards financial empowerment. Whether you are just getting started on your debt-free journey, or if you are really starting to hit your stride, this podcast is for YOU!  Join weekly as they interview some others who have done it the right way, the wrong way, and every way in between. Avocado toast may cost a pretty penny, but that doesn't mean it can't be in your budget! FIND HALEY AND JUSTIN ONLINE + SOCIAL MEDIA HERE: Join Empowered Money Academy priceofavocadotoast.com Price of Avocado Toast Instagram Price of Avocado Toast Twitter Price of Avocado Toast Threads Price of Avocado Toast on TikTok Price of Avocado Toast Facebook Join the Price of Avocado Toast Newsletter OTHER LINKS: Apply for 1:1 Coaching With Haley & Justin Schedule a Budget Builder call with Haley & Justin Price of Avocado Toast customizable 12 month budgeting template   RECOGNITION: Audio engineer: Garrett Davis  

Discover the secrets to financial freedom with this conversation on good debt vs bad debt. Learn how to use debt wisely to build wealth and achieve your financial goals.Victor Lagos is a distinguished mortgage broker and seasoned property investor with over a decade of financial acumen. Commencing his career at age 19, Victor's expertise lies within residential and commercial property finance, SMSF property finance, and diverse business loans.As the host of "Debt to Financial Freedom" podcast, Victor also shares profound insights on leveraging property for passive income. His personal journey, and financial challenges in early life, have combined into a wealth of knowledge Victor is eager to share with others in the hopes they too can create actionable financial strategies and become their own success stories. Victor, through Lagos Financial, collaborates with a trusted network for comprehensive financial solutions, emphasizing personalized guidance for passive income through property investment.Connect with Victor:Website: https://lagosfinancial.com.au/ Email: victor@lagosfinancial.com.au Podcast: https://lagosfinancial.com.au/podcast/ "Everybody says they want to be debt-free, but not many want to do the work. Victor's framework for obtaining financial freedom allows you to challenge your mindset to support you in creating a framework that allows you to be more conscious and intentional about your finances. I truly enjoyed this conversation." IdaRemember to SUBSCRIBE so you don't miss "Information That You Can Use." Share Just Minding My Business with your family, friends, and colleagues. Engage with us by leaving a review or comment. https://g.page/r/CVKSq-IsFaY9EBM/review Your support keeps this podcast going and growing.Visit Just Minding My Business Media™ LLC at https://jmmbmediallc.com/ to learn how we can support you in getting more visibility on your products and services.#gooddebt #baddebts #moneytips #financialtips #entrepreneurmindset #moneymanagement #businesstips #hustleculture #investment

On this week's episode: Do you have a strategy for the next market pullback? Your next bank statement may show why banks are having a record year. There is good debt and bad debt. How much should you carry into retirement? If you inherited some money, why would your financial advisor be worried? Subscribe or follow so you never miss an episode! Learn more at GoldenReserve.com or follow on social: Facebook, LinkedIn and YouTube.See omnystudio.com/listener for privacy information.

Is all debt bad, or can borrowing sometimes be a smart financial move? Doug Hoyes and Ted Michalos discuss debt's dual nature as both a financial tool and a potential burden. They break down the differences between "good debt" and "bad debt," providing clear advice on assessing what's manageable, when taking on new debt might be a smart move, and how to avoid common pitfalls.  Tune in for actionable insights on leveraging debt without letting it control your financial future! Timestamps: (0:00) – Conventional advice on “good debt” and “bad debt” (4:30) – Understanding your Debt-to-Income Ratio (DTI) (6:00) – Can you afford the payment? Key considerations (10:45) – Warning signs you have too much debt: What to watch out for (19:40) – Managing your Credit Utilization Rate (21:50) – Feeling stressed about debt? You have too much. (23:30) – How to assess the risks of taking on new debt (26:00) – Debt as a financial tool: Pros and cons (27:30) – Strategies for dealing with financial distress caused by debt We release new content every weekday! Follow our socials for funny podcast clips, money management tips, Q+A, and more! Hoyes Michalos Instagram Hoyes Michalos Facebook Hoyes Michalos TikTok Hoyes Michalos Twitter (X)Hoyes Michalos LinkedIn Hoyes Michalos YouTube Debt Free in 30 YouTube Resources: Straight Talk on Your Money https://www.hoyes.com/straight-talk/ Hoyes Michalos Blog Doug Hoyes on X Find a Hoyes Michalos Office in Your Area Here Disclaimer: The information provided in the Debt Free in 30 Podcast is for entertainment and informational purposes only and is not intended as personal financial advice. Individual financial situations vary and may require personalized advice from a qualified financial advisor. Always consult with a financial professional. The views expressed in this episode do not necessarily reflect the opinions of Hoyes, Michalos & Associates, or any other affiliated organizations. We do not endorse or guarantee the effectiveness of any specific financial institutions or strategies discussed.

JPMorgan Chase and other major banks are setting aside extra cash in anticipation of an uptick in bad loans. Lending always comes with some risk, but right now, banks are worried about a few specific types of debt. Also in this episode: Some discouraged job seekers aren’t included in the official unemployment tally, OPEC downgrades its demand forecast — again, and Russian bots take over online poker games.

JPMorgan Chase and other major banks are setting aside extra cash in anticipation of an uptick in bad loans. Lending always comes with some risk, but right now, banks are worried about a few specific types of debt. Also in this episode: Some discouraged job seekers aren’t included in the official unemployment, OPEC downgrades its demand forecast — again, and Russian bots take over online poker games.

JPMorgan Chase and other major banks are setting aside extra cash in anticipation of an uptick in bad loans. Lending always comes with some risk, but right now, banks are worried about a few specific types of debt. Also in this episode: Some discouraged job seekers aren’t included in the official unemployment, OPEC downgrades its demand forecast — again, and Russian bots take over online poker games.

In this episode, Elaine welcomes friend, farm partner, and University of Nebraska agricultural economist, Jessica Groskopf. Elaine and her guest discuss one of the most challenging topics for many farm families - financial transparency in farm transition. From addressing your biggest financial fears (whether you're the owner or the heir) to the importance of having honest conversations around expectations, this episode offers practical insights for farm's facing transition. Jessica highlights key strategies for ensuring financial transparency, the biggest generational differences when it comes to finances, why there IS such a thing as good debt, and some of the best questions every farmer needs to ask. Access the full show notes for this episode at elainefroese.com. Discover more about our guest: Jessica Groskopf Elaine Froese Resources: Watch this episode on YouTube SPEAKING - book Elaine for your next event COACHING - find your Farm Transition Coach MEMBERSHIP - become at Farm Family Harmony Member RESOURCES - download for FREE   CONTACT - take the next steps in your transition  BURNING QUESTION? Submit it here for Elaine or her coaches Timestamps 0:00:03 Hello and Personal Shout Outs 0:00:51 Introduction to Jessica Groskopf 0:02:05 Jessica's Webinar 0:03:09 What are Your Biggest Financial Fears? 0:04:48 The Owner Generation and The Sunset Years 0:06:05 Having Honest Conversations 0:07:49 Your Parents Don't Owe You Anything 0:09:46 Getting A Clear Picture of Your Compensation Package  0:12:13 Good Debt vs Bad Debt, There is a Difference 0:15:33 The Generational Differences in Attitudes About Debt 0:17:39 Keeping The Books and Financial Transparency  0:20:15 Living Expenses for the Average Farm Family Today 0:24:36 What's Good Practice for Bank Accounts  0:26:52 Where is it Written That Only Women Do Farm Books? 0:29:30 Strategies for Transitioning From The Older to Younger Generations 0:33:31 Jessic's Stress Test 0:36:22 Some Great Questions for All Farmers 0:41:00 Jessica's Top Three Takeaways For Financial Transparency

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 1464: Jeff Cornwall explores the difference between good and bad debt, focusing on how understanding their distinctions can guide more responsible financial decisions. He emphasizes the importance of aligning debt with long-term goals, encouraging a thoughtful approach to borrowing that avoids common pitfalls and fosters financial stability. Read along with the original article(s) here: https://drjeffcornwall.com/2020/09/15/good-debt-bad-debt/ Quotes to ponder: "Good debt is borrowing that is used to purchase something that will grow in value or generate income." "Bad debt is borrowing to purchase things that lose value quickly or are consumed immediately." "Too much bad debt can lead to financial stress, even when income is steady." Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 1464: Jeff Cornwall explores the difference between good and bad debt, focusing on how understanding their distinctions can guide more responsible financial decisions. He emphasizes the importance of aligning debt with long-term goals, encouraging a thoughtful approach to borrowing that avoids common pitfalls and fosters financial stability. Read along with the original article(s) here: https://drjeffcornwall.com/2020/09/15/good-debt-bad-debt/ Quotes to ponder: "Good debt is borrowing that is used to purchase something that will grow in value or generate income." "Bad debt is borrowing to purchase things that lose value quickly or are consumed immediately." "Too much bad debt can lead to financial stress, even when income is steady." Learn more about your ad choices. Visit megaphone.fm/adchoices

How to Collect on Bad Debt This isn't unheard of, especially in the trades industry. You do the work in good faith and submit your invoice, but the payment never comes... This week I'm detailing your options if a client refuses to pay. There are a couple of approaches you can take. Starting more gently and progressing to stronger tactics involving outscouring to lawyers, chasers or specialist construction lawyers. Want more information on this topic? Comment 'DEBT' and we'll send you this week's handout. ----------------- If you're interested in growing your trade business, head over to our website and you can read some more of these Tradies Toolbox Tips: https://www.smallfish.com.au/trades-business-coaching/ Book a money-maker call: https://www.smallfish.com.au/chat FOLLOW US AT: Facebook: https://www.facebook.com/smallfishcoach/ Twitter: https://twitter.com/smallfishcoach Instagram: https://www.instagram.com/smallfishbusinesscoach/ YouTube channel: https://www.youtube.com/c/smallfishau

Psy Ko joins Andrew Brill to share how he transformed his life from $110K in debt to financial freedom through the FIRE Movement. Now a finance coach and expert at @FIREPsyChat, Psy emphasizes the importance of taking responsibility for your financial future, building financial literacy, and making intentional changes to spending and saving habits. Discover practical strategies on budgeting, boosting your savings rate, and using the right financial tools to achieve FIRE (Financial Independence, Retire Early) — no matter where you're starting from! Investment Concerns? Get a free portfolio review with Wealthion's endorsed financial advisors at https://www.wealthion.com/free Don't miss our live coverage of the Fed with Maggie Lake! Next Wednesday, September 18. Chapters: 00:59 - Psy's Financial Wake-Up Call 04:14 - How Psy Got Into Coaching Others? 5:42 - The Power of Financial Literacy 7:37 - Behavioral Changes, and Intentional Spending 10:58 - Why It's Never Too Late To Start 14:11 - Discipline & Budgeting 17:19 - Further Defining The FIRE Movement: Financial Independence, Retire Early 20:09 - Practical Strategies & Tools for Financial Freedom 23:33 - Exploring The Rule of 25 28:07 - Saving & Retirement Accounts Psy Recommends 33:08 - Alternative Investments? Real Estate? 34:13 - Good vs. Bad Debt? 37:42 - Coaching Someone in Distress About Debt 40:55 - Are More People in Financial Difficulties Now? 42:41 - Where Can People Find Psy? Connect with us online: Website: https://www.wealthion.com X: https://www.x.com/wealthion Instagram: https://www.instagram.com/wealthionofficial/ LinkedIn: https://www.linkedin.com/company/wealthion/ #FinancialFreedom #FIRE #DebtFreeJourney #PersonalFinance #FinancialIndependence #Budgeting #Saving #FIREMovement #FinancialLiteracy #DebtPayoff #FinanceCoach #FinancialPlanning #EarlyRetireme #Money #Wealthion #Wealth #Finance  Learn more about your ad choices. Visit megaphone.fm/adchoices

Interview recorded - 2nd of September, 2024Substack - https://rubino.substack.com/On this episode of the WTFinance podcast I had the pleasure of welcoming back John Rubino. John was the Founder of dollarcollapse.com, author/co-author of 5 books and has a great Substack.During our conversation we spoke about John's thoughts about the economy, interest rate cutting, another real estate credit event, similar to the 90's, milkshake theory, new standard currency, gold miners and more!0:00 - Introduction0:57 - What is John seeing in the economy?2:46 - Interest rate cut to help?5:15 - Another real estate credit event?6:40 - Banks to benefit from interest rate cuts?9:29 - Similar to the 90's?12:33 - Drawn out recession or flash crash?17:48 - Thank you!19:08 - Milkshake theory and the dollar?21:57 - New standard currency?25:14 - BRICS buying gold while West sells30:36 - Gold miners?33:13 - One message to takeaway from our conversation?John Rubino is a former Wall Street financial analyst and author or co-author of five books, including The Money Bubble: What To Do Before It Pops and Clean Money: Picking Winners in the Green-Tech Boom. He founded the popular financial website DollarCollapse.com in 2004 and sold it in 2022.John's newsletter provides actionable advice, based on a couple of premises:- The financial world is spinning out of control and will get considerably worse before it gets better.- There are things we can do to improve our odds of surviving and thriving as the chaos unfolds.John Rubino - Substack - https://rubino.substack.com/LinkedIn - https://www.linkedin.com/in/john-rubino-a952146/WTFinance - Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/Twitter - https://twitter.com/AnthonyFatseas

Good debt vs bad debt. It's a topic that often sparks debate and confusion, and while some people believe that all debt is bad, the reality is that not all debt is created equal. In fact, when used wisely, the right kind of debt can be a powerful tool to build generational wealth.

Money Talks With Terry and Blake Sandvold

We explore the critical topic of debt, discussing the different types Kiwis commonly carry and how they can impact your financial health. For more money tips follow us on: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Facebook⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠TikTok⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠YouTube⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ The content in this podcast is the opinion of the hosts. It should not be treated as financial advice. It is important to take into consideration your own personal situation and goals before making any financial decisions.

✅ JOIN INVESTORLIFT: https://lift.page/investorlift JOIN Dispo Day Every Wednesday! & Have a Chance to SELL YOUR DEAL! JOIN HERE: https://join.investorlift.com/dispo/pro #RealEstatePodcast #InvestingTips #RealEstateInvesting #PropertyInvestment #pacemorby #subto #creativedeal #sellerfinancing #creativerealestate #RealEstateSecrets #InvestmentStrategies #RealEstateTrends #ericcline #sales #closer -- ⏱️ TIMESTAMPS ⏱️ -- Coming Soon If you're reading this, you're a real one! Comment "11/10" so I can notice you! NOT The Life of an Entrepreneur in 90 Seconds- Best Motivational Video for Entrepreneurs, BUT THE MINDSET OF HIGH ACHIEVERS - Powerful Motivational Video for Success, BUT They Want You To Fail... This Is How You Keep Them From Winning | Patrick Bet David, BUT This Is How You Become The Top 1% In 2024 | Tai Lopez, BUT What is the Mindset of a Winner | Wes Watson, BUT They Have Programmed You To Be Poor... This Is How You Finally Win | Andy Elliott, BUT Brad Lea Calls Out Grant Cardone, Ed Mylett, & PBD, BUT Grant Cardone vs Jordan Belfort | Sales Training Heavyweight Match - The Wolf's Den ✅ JOIN INVESTORLIFT: https://lift.page/investorlift Follow Us! Instagram: https://www.instagram.com/investorlift/ Robert Wensley: https://www.instagram.com/robertwensley/ If you're ready to invest in your business and bring in more capital to grow nationwide, check out Investorlift at https://lift.page/investorlift

Is there such a thing as “good” debt and “bad” debt when it comes to retirement? Should you even have any debt when you retire? Should cutting out debt always take priority over saving for retirement?In this episode, Phil and Kendall cover some important principles for carrying debt into retirement, what “bad” debt is, and what numbers to consider before you prioritize where your money should be going.Listen to discover the one thing you can do to cut out unnecessary spending in retirement!//Grab a Free Resource at http://retirewith210.com/ --Prefer to watch? Find video versions of every episode on our YouTube channel.Learn how our team at 210 Financial can help you plan for the future at www.210financial.com --Like more free resources? Grab one of our free guides here.//210 Wealth Management, Inc., d/b/a 210 Financial, is a federally registered investment adviser under the Investment Advisers Act of 1940. Registration as an investment adviser does not imply a certain level of skill or training. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. 210 Financial, Form ADV Part 2A & CRS can be obtained by visiting: https://adviserinfo.sec.gov and search for our firm name. Insurance products are offered through 210 Financial, Inc. d/b/a 210 Financial.

Romans 13:8-10

Nick and Veronica catch up with Tom Dwan on the recent accusations surfacing recently on social media. Tom dives into his new recent roll as an ambassador and much more. You dont want to miss this one! "Tom Dwan Claps Back on Bad Debt Allegations" https://youtu.be/7-bDGMWSeSU 0:00 Warning, Teaser, & (New!) Show Intro 0:38 Nick introduces Tom Dwan 1:10 Regarding Peter Jetten, what is going on? 49:09 On a lighter note… and about Jungleman 52:35 Regarding Haralabos “Bob” Voulgaris, what is going on? 1:17:24 Do you owe many people money? If so, how much? 1:19:16 About becoming an ACR Pro 1:28:00 Dealing with the attacks & possible next steps 1:32:05 Winning the biggest pot ever on televised poker 1:37:09 Wrap Up & Tom Dwan Out 1:39:50 After Glow, Wrap Up & NV Out Connect with our host @ NICK VERTUCCI: IG: @nick_vertucci Twitter: @NickVertucciNV FB: @nick.vertucci.98 Veronica Brill: IG: @angry_polak Twitter: @angry_polak Youtube: ​⁠ - Or Email us @: TNVSconfessions@gmail.com, and don't forget to LIKE, SHARE, AND SUBSCRIBE! Follow our show on Instagram & TikTok @: www.instagram.com/thenickvertuccishow www.TikTok.com/@thenickvertuccishow HUSTLER CASINO: Web www.thehustlercasino.com Twitter @HCLPokerShow Don't forget to LIKE, SHARE, AND SUBSCRIBE! #hustlercasino #hustlercasinolive #poker #highstakespoker#highstakes #pokergo #thenickvertuccishow #worldseriesofpoker #wsof#highstakespokerproductions #ballysports #foxsports #abcsports #cbssports#nbcsports #maxpainmonday #gaming #game #betting #cashgamepoker #cashgame #porkerafterdark #liveatthebike #dgafpokerplayer #andystackspoker #jboogs #mrmonkeytilt #ronnieebanks #philhellmuth #thepokerbrat #dougpolk #mattberkey #dgaf #garrettadelstein #thesilantassassin #andystacks #nickvertucci #veronicabrill #sevenfiguredecision #nittucci #valarie #valariebrill #la #lv #sf #oc #nyc #nj #norsemenfilms #gossipgirls #megahouse #joeyjingram #bonye #philivey #valeraryvsveronica #veronique #littlerip #ryanfeldman #craigslist #maverickgaming #shaunyaple #generalmanager #larryflynt #hustler #mikex #mikematusow #nikairball #bigwins #joshmacciello #globalascensionstudios #arthursarkissian #rushhour #Mikkimase #Sashimipoker #artpapazyan #johnnievibes #danielnegreanu #pokerkaren #commerce #rampage

Are You Letting Money Matters Strain Your Relationship? Join Dr. mOe Anderson and financial conversationalist, Shelia Dansby Harvey, as they delve into the nuances of love and money. From financial values coaching for couples to uncovering hidden wealth, this episode is a treasure trove of insights for anyone looking to harmonize their fiscal and romantic life.Memorable Quotes:"The biggest mistake people make is that they don't know what their values are and whether they have money or need to have more money." - Shelia Dansby HarveyKey Points:- Understanding the significance of aligning personal values with financial goals.- The transformative power of openly discussing money and financial literacy.- The role of 'personal financial friends' in navigating money management complexities.- Strategies for debt management and distinguishing 'good debt' from financial pitfalls.- Exploring the untapped potential of claiming unclaimed property funds.Chapter Breakdown:- (0:00:00) Personal Financial Friend- (0:11:00) Financial Values Coaching for Couples- (0:22:11) Debt, Values, and Decluttering Finances- (0:36:56) Unclaimed Property FundsConnect with Shelia online: https://personalfinancialfriend.com/meet-sheliaConnect with Dr. mOe Anderson: https://www.drmOeAnderson.com

Andy and Jessica welcome you to another episode of The Deal Board Podcast. This week, they are discussing a recurrent and always important topic: valuation. Reaching an accurate value for their business is the primary concern of many business owners, and is a crucial element to consider while thinking about exiting a business. In this conversation, Andy and Jessica dive deep into add-backs and share their expert advice to use them favorably for your valuation process. Listing of the week: Aaron Wills is selling an HVAC company that has been in business for more than two decades The real estate is owned by the business and it has two income-producing properties. The asking price is $800,000 for the business and the real estate is just over $1 million. Call Aaron (817)725-7221 or email awills@tworld.com. Key takeaways: [1:25] How much money does your business make? [1:47] Jessica discusses the two earning amounts you should consider while starting a valuation: EBITDA and SDE. [3:10] Different ways of minimizing your earnings to pay less taxes. [4:18] Transworld's philosophy is a little conservative, and Jessica and Andy explain why. [7:31] Things that, by definition, are add-backs: The first one is INTEREST. [8:04] TAXES [9:12] APPRECIATION/AMORTIZATION [10:36] OFFICER SALARY (one) [11:11] W2 SALARY [11:40] OWNER PERKS [13:52] TELEPHONE and CELL PHONE EXPENSES [15:32] REAL ESTATE [19:34] PAYROLL [20:40] DONATIONS [21:32] DUES and SUBSCRIPTIONS [22:45] BAD DEBT [23:40] ONE-TIME NON-RECURRING EXPENSES [24:51] LOSING or ADDING A BIG CUSTOMER [25:42] EQUIPMENT LEASES [26:07] PENALTIES [26:34] Check large numbers! [27:15] Jessica discusses adding personal expenses. [33:30] Deal of the week: Daren Bucklin (Portland) sold a vocational school that has been in business since 2008, training front-line caregivers. The company was sold to a large University looking forward to expanding, for $900,000. [35:26] Listing of the week: Aaron Wills is selling an HBAC company that has been in business for more than two decades The real estate is owned by the business and it has two income-producing properties. The asking price is $800,000 for the business and the real estate is just over $1 million. Mentioned in this Episode: The Deal Board Podcast Subscribe to The Deal Board Podcast YouTube Channel United Franchise Group Transworld Business Advisors Transworld on Linkedin Transworld on Facebook Call us — (888) 719-9098 Email us thedealboard@tworld.com Call Daren Bucklin at (503) 820-0063 or email dbucklin@tworld.com Call Aaron Wills at (817) 725-7221 or email awills@tworld.com Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode, Brandon, Nate, and Brock focus on the often-misunderstood world of good and bad debt. They'll unravel the definitions and impacts of each, exploring how they can either pave the way to financial freedom or lead to a challenging financial quagmire. From personal anecdotes to expert insights, this episode is packed with real-life examples, practical strategies for managing debt, and tips for leveraging good debt to your advantage. Whether you're struggling with credit card debt, considering a loan for education, or just seeking to improve your financial literacy, this episode is your guide to understanding and mastering the complex dynamics of debt. Tune in to transform your perspective on borrowing and learn how to make debt work for you, not against you.

For better or for worse, debt is a part of life for most private practitioners, whether it's from purchasing a practice, adding chairs, new equipment, or even just trying to cover the bills and payroll on a down month. In the right situation, strategically taking on some debt is no problem. But there are also many scenarios where taking on debt is a very bad idea and you can find yourself underwater quickly. So this week, Jeff discuss good debt vs bad debt and how to navigate this intelligently as a dental practice owner.   Free Practice Analysis - https://www.mgeonline.com/free-practice-analysis The MGE Communication & Sales Seminars - https://www.mgeonline.com/abc Learn more about MGE - https://mgeonline.com

Clement speaks to Erica Liebenberg, Editor In Chief at JustMoney about the difference between good and bad debt and how people can maintain their debt commitments.  See omnystudio.com/listener for privacy information.

In this eighty-first bite, join co-hosts Crystal Price and Shannon Hiller from Clark County Credit Union as they take on breakfast at BabyStacks Cafe, share why all debt isn't bad debt, and reveal what to buy and what to skip in January. Hear about the ham and eggs and very large orange juices, why being in debt for a home is actually a good thing, and why January is the perfect time to buy certain items in prep for next holiday season. Learn more at CCCULV.org

Have you ever wondered what is the difference between good debt and bad debt? Some people might think being in debt is always bad but, in reality, there are some ways this can greatly help. In this episode, we'll dive deep into the world of debt, what good debt looks like and how you can weigh your options to know when a risk is worth taking. We'll talk all about the different ways you can be creative to get great deals and, ultimately, how you can make smart financial decisions to grow your business without breaking the bank.

Learn More About Attending the Highest Rated and Most Reviewed Business Workshops On the Planet Hosted by Clay Clark In Tulsa, Oklahoma HERE: https://www.thrivetimeshow.com/business-conferences/ See the Thousands of Success Stories and Millionaires That Clay Clark Has Helped to Produce HERE: https://www.thrivetimeshow.com/testimonials/ Clay Clark Testimonials | "Clay Clark Has Helped Us to Grow from 2 Locations to Now 6 Locations. Clay Has Done a Great Job Helping Us to Navigate Anything That Has to Do with Running the Business, Building the System, the Workflows, to Buy Property." - Charles Colaw (Learn More Charles Colaw and Colaw Fitness Today HERE: www.ColawFitness.com) Download A Millionaire's Guide to Become Sustainably Rich: A Step-by-Step Guide to Become a Successful Money-Generating and Time-Freedom Creating Business HERE: www.ThrivetimeShow.com/Millionaire See Thousands of Actual Client Success Stories from Real Clay Clark Clients Today HERE: https://www.thrivetimeshow.com/testimonials/ See Thousands of Case Studies Today HERE: www.thrivetimeshow.com/does-it-work/  

Hello, sunshines! What's the best way to get out of business debt? Is there a difference between good and bad debt? Should I be working at trying to get out of debt? These are all questions that we're going to tackle in today's episode with Gina Knox. Make sure you DM me and let me know which tip you loved the most! Leave a review for a chance to be entered into this month's giveaway! Gina is the founder of Gina Knox Coaching that specializes in working to provide entrepreneurs with the skills they need to learn how to manage cash flow, save $100K in cash, and build up 7 figure wealth for their future. As a Mexican woman who often heard her dad talk about money, she got her first big girl job and quickly racked up debt and wanted to learn how to manage her money better. Follow her on Instagram & join her email list to get access to their weekly series - 6 Figure Sundays. ☀️Extras!☀️ Get my lead magnet freebie HERE to help grow your email list! You can also grab my workflow phase breakdown by texting "CONNECT" to 888-292-4864. Follow me on YouTube to get life updates, photography tips, and a ton of short clips full of information! ☀️Time stamps☀️ Intro - 0:00 Difference between good & bad debt - 1:25 Mindset around debt - 3:59 Using debt as a service - 6:13 Paying off business debt - 8:47 Save or pay - 12:08 Baby steps for neutralizing - 16:51 Evidence bank - 20:58 Last advice - 22:14 Where you can find Gina - 27:52 Wrap up - 28:25  

It's time to get smarter about debt with this podcast episode! Today, I break down the difference between "good debt" and "bad debt", and outline what some of the best ways to tackle it are. Hopefully this will help you learn how to be responsible while managing your personal finances better. In this episode, you will discover… Why you should avoid bad debt at all costs? How to use good debt for building wealth? Resources Mentioned in this Podcast:  Contact Dave for a free 30mins strategy session: ‪833-343-2986 or (612) 284-2409 Email: dave@doctorfreedompodcast.com  For all the show notes, and more, check out the podcast website at www.doctorfreedompodcast.com ----more--------more--------more---- Investment advice is only offered in jurisdictions where Centurion Financial Strategies, LLC (“Centurion”) is appropriately registered or exempt from registration. Our Form ADV Part 2 brochure can be obtained free of charge at https://adviserinfo.sec.gov by searching for our firm by name or its unique CRD number (316454). This podcast is not a solicitation to provide advisory services in any jurisdiction in which we are not appropriately registered or excluded from registration. The information, statements, and opinions contained in this podcast have been obtained from or are based upon information obtained from sources which we believe to be reliable, but we do not warrant or guarantee the timeliness or accuracy of any such information. This podcast is intended for informational purposes only and should not be construed as personalized investment, tax, or legal advice. Opinions expressed by any guest are their own opinions and do not necessarily reflect the firm's views. You should carefully consider your unique financial circumstances and needs prior to making any investment in securities or purchasing any insurance products. Past performance is not indicative of future results. Investing in securities involves the risk of loss. Insurance products are backed by the financial strength and claims-paying ability of the issuing insurance company and may be subject to restrictions, limitations, and early withdrawal fees which vary by issuer. You should consider the charges, risks, expenses, and investment objectives of any insurance products before entering a contract.

Book a wealth strategy session with Angie: https://calendly.com/angiegarner/wealth-strategy-session   Learn more about making money from home here: www.angiegarner.com/opportunity   Debt is something that is a part of most people's lives, but not all debt is created equal.    There is good debt and bad debt, and knowing the difference between the two can make a big difference in your overall financial health!   In this episode, Angie gives examples of good debt and bad debt and how to make smart financial decisions when taking on debt.  

Wish you had a few money hacks to help with things like getting out of debt, finding the right assets to invest in, and growing your nest egg? The average person may not even know where to start! Today's guest is using her platform to help simplify money concepts and improve financial literacy at a time when it is sorely lacking. Welcome back to another edition of the BiggerPockets Money podcast! Today, we're joined by Nicole Lapin, founder of the Money News Network, host of Money Rehab with Nicole Lapin, and author of multiple New York Times and Wall Street Journal bestselling books, including Rich Bitch, Boss Bitch, Miss Independent, and Becoming Super Woman. Born into a first-generation American family, Nicole lacked financial literacy early on in life and was easily intimidated by financial concepts. Only after learning the language of money was she able to take control of her finances and pay off the consumer debt she had accumulated. In this episode, Nicole spills some of the top money hacks she has learned over the past 20 years. Wherever you are in your financial journey—whether it's neck-deep in consumer debt or well on your way towards achieving financial independence and retiring early—you won't want to miss what Mindy, Scott, and Nicole have to share about investing in today's climate, assessing your risk tolerance, and making the most out of your money! In This Episode We Cover Money hacks for investing and rehabbing your personal finances Two methods of getting out (and staying out) of consumer debt How to create a “spending” plan using the “three E's” Living below your means to fast-track your journey towards financial freedom How to assess your risk tolerance and find the right assets to invest in An alternative to financial independence, retire early (that could allow you to “retire” even sooner!) And So Much More! Links from the Show BiggerPockets Money Facebook Group BiggerPockets Forums Finance Review Guest Onboarding Join BiggerPockets for FREE Mindy on BiggerPockets Scott's Instagram Grab Scott's Book, “Set for Life” Listen to All Your Favorite BiggerPockets Podcasts in One Place Apply to Be a Guest on The Money Show Podcast Talent Search! Listen to The “On The Market” Podcast: Spotify, Apple Podcasts, BiggerPockets Money Moment The Pillars of FI: Designing the Life You Want 12 Things to Give Up to Become Debt-Free This Year Click here to check the full show notes: https://www.biggerpockets.com/blog/money-414 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email us: advertise@biggerpockets.com Learn more about your ad choices. Visit megaphone.fm/adchoices

starting a business. If you're just beginning your personal finance journey, this can all seem a bit complicated. Where do you invest first? What should you do with extra cash? And how do you know a financial fiduciary is genuinely looking out for your best interest? Don't worry; you don't need all the answers. Just tune in, and listen to what financial expert Amanda Wolfe and Certified Financial Planner Kyle Mast have to say. It's been a few months since we spoke to our go-to money experts. But we've been receiving a ton of finance FAQs in our Facebook group. So, we rounded up some of the best and got Amanda and Kyle's take live on this episode. First, we'll go over when to pay off bad debt when starting a business and what a “no money down” business really means. Then, Amanda and Kyle give their strong stances on if bond investing makes sense for the average FIRE-chaser. You'll also hear the OPTIMAL way to set up your retirement investing, which accounts are worth hitting first, and the financial order of operations you should follow to optimize your retirement planning. And try not to send your financial advisor this episode because we'll be discussing when an advisor is and isn't worth the money and why a commission-based fee structure could be a big red flag when deciding who to invest with. All this (and much more) is coming up in this episode! In This Episode We Cover The exact way to invest for retirement and which accounts deserve your cash the most The backdoor Roth IRA explained and how to invest a MASSIVE amount in one of the most tax-advantaged retirement accounts  Whether you should pay off bad debt BEFORE starting your own small business Investing in bonds and why this “safe” investment might not be worth the lost profit HSAs (health savings accounts) and when to get reimbursed for past medical purchases Fee-only vs. commission-based financial advisors and why the two are DRAMATICALLY different And So Much More! Links from the Show BiggerPockets Money Facebook Group BiggerPockets Forums Finance Review Guest Onboarding Mindy's Twitter Listen to All Your Favorite BiggerPockets Podcasts in One Place Apply to Be a Guest on The Money Show Podcast Talent Search! Subscribe to The “On The Market” YouTube Channel Listen to The “On The Market” Podcast: Spotify, Apple Podcasts, BiggerPockets Check Out Mindy's 2022 Live Spending Tracker and Budget She Wolf of Wall Street Website How MLMs and Pyramid Schemes Trap Average Americans Amanda's Past Episodes: From Extreme Poverty to DIY Wealth and 2 Full-Time Incomes Kyle's Past Episodes: A Personal Finance Masterclass Retirement Planning During (and After) the Coronavirus with Kyle Mast How to Find the Best Possible Certified Financial Planner Click here to check the full show notes: https://www.biggerpockets.com/blog/money-394 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Let us know! Learn more about your ad choices. Visit megaphone.fm/adchoices