Money Mastermind Show: Personal Finance | Investing | Retirement | Entrepreneurship

Are credit cards really all bad? The fact of the matter is that with a little planning, you can get the most out of your credit cards. View your credit cards as a tool, and you might be surprised at what you can accomplish. David Rubenstein from Credit Shout joins us to talk about strategies to make the most out of your credit cards. Our panelists also get in on the action by sharing their own tips and tricks for getting more from credit cards. https://moneymastermindshow.com/most-out-of-your-credit-cards/ Important issues discussed in this episode: Are credit cards really evil? A look at how credit cards can actually be financial tools. Strategies for getting the most out of your credit cards. Real life ideas for hacking your credit card rewards for best effect. How to use your credit cards without getting in over your head in debt. Tips for staying on top of your finances as you get the most out of your credit cards. Panelists In This Episode: Special guest: David Rubenstein | Credit Shout Glen Craig | 

Is it really possible to create your dream lifestyle? With planning and determination, our guest Jason Vitug, the founder of Phroogal, traded in his corporate job for a dream lifestyle. Now he travels the country teaching others how to do the same. Some of our own panelists are also creating their preferred lifestyles. Find out how to figure out what you want your dream lifestyle to look like, and how you can take charge of your finances to make it happen. https://moneymastermindshow.com/dream-lifestyle/ Important issues discussed in this episode: Is it possible to truly live your dream lifestyle? How do you decide what you want your life to look like? Do you really have to follow a set path to success? What are some of the things you need to do if you want to change your life? Tips for taking the right risks as you create your dream lifestyle. Reasons to rethink your path, and how you can create a lifestyle that works for you. Panelists In This Episode: Special guest: Jason Vitug | Phroogal Glen Craig | F

What does it mean to be wealthy? The truth is that we all have different ideas about what wealth is, and what it means to be rich. Join the hosts of the Money Mastermind Show as they discuss what wealth means to them, and as they consider what it takes to be truly wealthy. You might be surprised to discover that wealth is a state of mind, and not so much a number you’re supposed to reach. https://moneymastermindshow.com/being-wealthy/ Important issues discussed in this episode: What is true wealth? How do you decide what wealth means to you? Can wealth mean different things to different people? What’s the difference between being wealthy and being rich? The ways looking rich is different from actually being rich. Panelists In This Episode: Glen Craig | Free From Broke Kyle Prevost | Young and Thrifty Miranda Marquit | Planting Money Seeds Peter Anderson | Bible Money Matters Tom Drake | MapleMoney

Are you hoping to increase your income? The good news is that you can always make more money. With the help of side hustles, you can increase your income and work toward your most important money and life goals. David Carlson, the author of Hustle Away Debt joins us to talk about the side hustles you can start today to boost the amount of money in your life. You’ll learn how to turn wasted time into profits, and what it really takes to be successful if you want to make money outside your 9-to-5. https://moneymastermindshow.com/side-hustles/ Important issues discussed in this episode: What are side hustles? How can you use side hustles to boost your income? What are some of the reasons it makes sense to start at least one side hustle? Tips for making time to work on your side hustle. How to make your side hustles work with your traditional 9-to-5 job. Panelists In This Episode: David Carlson | Young Adult Money | Hustle Away Debt Glen Craig | Free From Broke Kyle Prevost | Young and Thrifty Miranda Marquit

Are you drowning in debt? Do you wish you could get rid of it as soon as possible? Our guest Deacon Hayes from the Well Kept Wallet paid off $50,000 of debt in 18 months. Do you have what it takes for rapid debt reduction? Even if you aren’t interested in being that extreme with your debt repayment, this episode can still help you figure out the best way to pay down your debt, change your spending habits, and take back your financial life. https://moneymastermindshow.com/rapid-debt-reduction/ Important issues discussed in this episode: Can you really pay off $50,000 in debt in 18 months? What are the keys to rapid debt reduction? Practical tips for creating a debt reduction plan. Ways you can tweak your spending habits to reflect your values and pay off debt. How getting rid of debt can help you take control of your financial life. Panelists In This Episode: Deacon Hayes | Well Kept Wallet Glen Craig | Free From Broke Kyle Prevost | Young and Thrifty Miranda Marquit | Planting Money Seeds Peter Anderson | 

Are you looking to save money over time? You might be surprised at how much you can save with the right meal planning. You don't have to spend a lot of time putting together a meal plan, either. You may not even have to clip coupons. Erin Chase from $5 Dinners joins us to share her strategies for saving money and eating healthy with the help of meal planning. https://moneymastermindshow.com/save-money-meal-planning/ Important issues discussed in this episode: Do you have to clip coupons to save money on food? Simple strategies for meal planning. How to coordinate your schedule to work with saving money on meal planning. Ways to plan way ahead, including creating freezer meals. Tips for finding simple meals that your whole family will love. Panelists In This Episode: Erin Chase | $5 Dinners Glen Craig | Free From Broke Kyle Prevost | Young and Thrifty Miranda Marquit | Planting Money Seeds Peter Anderson | Bible Money Matters Tom Drake | MapleMoney

A lot has been said about millennials and how they handle money. In this episode, the crew talks about what millennials need to know about money today. Drawing from some of our own mistakes with money, we talk about ways that the following generation can avoid falling into the same traps. https://moneymastermindshow.com/millennials-money/ Important issues discussed in this episode: What are some of the money millennial trends? Are there some general mistakes that millennials are making with their money? Mistakes we made when we were younger. How millennials can change their habits to make a difference in their long-term finances. The good and bad of millennials with money. Panelists In This Episode: Glen Craig | Free From Broke Kyle Prevost | Young and Thrifty Miranda Marquit | Planting Money Seeds Peter Anderson | Bible Money Matters Tom Drake | MapleMoney

Are you concerned about getting started as an investor? You know that you need to invest if you want to build wealth over time. But do you have the tools you need to start investing? Stuart Ritter, VP of T. Rowe Price Investment Services, talks to us about how simple it can be to start investing, and what you can do to begin building wealth today. https://moneymastermindshow.com/start-investing/ Important issues discussed in this episode: What does it mean to be an entrepreneur? What makes someone a serial entrepreneur? Tips that can help you start a business. Sacrifices that come when you start businesses. Strategies for making your businesses work in a family setting. How to take the step from being a business owner to becoming a serial entrepreneur. Panelists In This Episode: Stuart Ritter | VP of T. Rowe Price Investment Services Glen Craig | Free From Broke Kyle Prevost | Young and Thrifty Miranda Marquit | Planting Money Seeds Peter Anderson | Bible Money Matters Tom Drake | MapleMoney

Do you dream of being your own boss? In theory, it sounds like a great idea. Creating multiple businesses, growing your wealth and living the dream, might even be more attractive.  But is everyone meant to be a business owner? Even if you have a business, do you have what it takes to be a serial entrepreneur? You might be surprised to discover how much work and sacrifice it takes to start a business, and then start another, and another. Jim Wang, a serial entrepreneur and millionaire, joins us to talk about what it takes to be your own boss. https://moneymastermindshow.com/serial-entrepreneur/ Important issues discussed in this episode: What does it mean to be an entrepreneur? What makes someone a serial entrepreneur? Tips that can help you start a business. Sacrifices that come when you start businesses. Strategies for making your businesses work in a family setting. How to take the step from being a business owner to becoming a serial entrepreneur. Panelists In This Episode: Jim Wang | Wallet Hacks Glen

Are you looking for new insights and ideas about money? Pick up a book! We discuss our favorite personal finance books and some of the ways they influenced the way we manage money. Add new books to your reading library and learn something new about money and money mindset. https://moneymastermindshow.com/personal-finance-books/ Important issues discussed in this episode: How to find personal finance books that help you reach your goals. Suggestions for reading to learn more about money. Choosing books that speak to you where you are. The best ways to begin building a personal finance library. How to sift out the poor or inapplicable advice. Books discussed in this episode: The Millionaire Next Door The Wealthy Barber The Millionaire Fastlane More Money for Beer and Textbooks Rich Dad, Poor Dad Total Money Makeover The Millionaire Teacher Oblivious Investing Little Book of Common Sense Investing Bogleheads Guide to Investing Richest Man in Babylon Your Money or Your Life The Intelligent Investor One Up On W

This isn't your mom's extreme couponing.  Join us as we talk to Kyle Taylor from The Penny Hoarder about deal stacking and how it can be used to save money on almost everything you buy. This isn't about clipping coupons. It's about using credit rewards and stacking them with online rebates and making other moves to avoid paying full price on everything from travel to household appliances to clothing. https://moneymastermindshow.com/deal-stacking-save-money/ Important issues discussed in this episode: You don’t have to use extreme couponing to save big bucks. How you can use credit cards to earn rewards points to reduce what you pay for travel. Strategies for stacking rewards, loyalty programs, and rebates to get more for every dollar you spend. Tips for figuring out which programs are best for you, depending on your priorities and preferences. Ways to buy almost anything without paying full price. Panelists In This Episode: Special Guest: Kyle Taylor | The Penny Hoarder Glen Craig | Free From Broke Kyle Pr

There are many different personal finance software options available today. Many of them have features that you might find helpful in managing your finances, but not all of them are the same. Depending on your style, some personal finance software programs might work better than others. In this episode, the Money Mastermind Crew discuss their favorite software for tracking their personal finances, goal setting and staying on top of our finances from day to day. https://moneymastermindshow.com/mms077-favorite-personal-finance-software/ Important issues discussed in this episode: What are the advantages of using personal finance software? How can personal finance software help you take control of your finances? What are some of the options available for money management? Overview of various options for software, including YNAB, Personal Capital, Mint, Moneydance, and more. How to choose the right personal finance software based on your money needs and preferences. Panelists In This Episode: Glen Craig | Fre

When it comes to building wealth, there are two main things to focus on: investing and creating a business. Long-term, you won’t be able to build the wealth you dream of if you are working for someone else or you aren’t investing. If you want to be more effective at wealth-building, start now to invest for the long haul, and consider creating a business that can provide you with income now and later. Joining us to talk about building wealth by using more than just a day job income is Linda P. Jones of Be Wealthy And Smart. https://moneymastermindshow.com/mms076-two-pillars-wealth-building/ Important issues discussed in this episode: Why won’t working for someone else help you achieve financial freedom? What are the advantages to investing over the long haul? How can starting a business be a good strategy for wealth-building? Tips for getting started building your own wealth through investing. Ways you can start a business to provide additional income opportunities. Panelists In This Episode: Special Guest

Did you give up on your New Year resolutions ages ago? That doesn't mean that it's the end of the road for you. You can set realistic and achievable goals any time of the year. Don't get bogged down by excessive expectations, and don't assume that you can't start over again. Forget about the idea of only setting goals at the beginning of the year. We talk about how you can always be achieving your next money milestone and creating goals to help you get closer to the life you want. https://moneymastermindshow.com/realistic-achievable-goals/ Important issues discussed in this episode: Do you have to limit your goal-setting to certain times of the year? How can you set realistic and achievable goals? Strategies for figuring out which goals are the right ones for you. Tips for chunking your goals so they are more manageable. Our favorite strategies for setting and achieving goals. Panelists In This Episode: Glen Craig | Free From Broke Kyle Prevost | Young and Thrifty Miranda Marquit | Planting Money Seeds Pet

At some point, you are likely to face the choice of moving for your career. Finding a new place to live, along with a new job, can be good for your finances and your life. Before you take the leap, make sure it’s the right move for you. Jessica Moorhouse joins us to talk about her experience moving across Canada for a career opportunity. Whether you have a company willing to pay your costs, or whether you just hope to find greener pastures, here’s what you need to know about moving for your career. https://moneymastermindshow.com/moving-for-your-career/ Important issues discussed in this episode: When is it time to consider a career change? What money decisions do you need to make when moving for your career? How to decide where to live. Tips for figuring out what you will need to know for cost-of-living changes. Panelists In This Episode: Jessica Moorhouse | Mo’ Money Podcast Glen Craig | Free From Broke Kyle Prevost | Young and Thrifty Miranda Marquit | Planting Money Seeds Peter Anderson | Bible Money M

The idea that you can reach financial independence is one that inspires many. What would it be like to be in a position where you don't have to worry quite as much about money? Sean Cooper joins us to talk about what he's doing to reach financial independence -- including how he paid off his mortgage in just three years. https://moneymastermindshow.com/reach-financial-independence/ Important issues discussed in this episode: What does it mean to reach financial independence? What are some of the steps you need to take to improve your finances? Tips for figuring out your next money moves. Strategies that can help you reach financial independence sooner. Panelists In This Episode: Sean Cooper | http://seancooperwriter.com/ Glen Craig | Free From Broke Kyle Prevost | Young and Thrifty Miranda Marquit | Planting Money Seeds Peter Anderson | Bible Money Matters Tom Drake | MapleMoney

Many of us are looking for another source of income. You might try to look for a side gig to start a new full-time business. One way that many people use to make money is multilevel marketing (MLM). However, an MLM might not be your best option when it comes to a source of income. In fact, many of the MLM companies out there are more like pyramid schemes than anything else. Consumer advocate and MLM expert Brian MacFarland from Lazy Man And Money joins us to talk about MLM companies and the reality of trying to use them to make money. https://moneymastermindshow.com/mlm-income/ Important issues discussed in this episode: Reasons that people turn into MLM companies for income. What makes MLMs so attractive? Are there any good MLM companies? How can you increase your chances of making and MLM a source of income? Warning signs that you are dealing with an outright scam. Panelists In This Episode: Brian | Lazy Man and Money Lauren Greutman | I Am That Lady Glen Craig | Free From Broke Kyle Prevost | Young and

Kids can be expensive. The USDA estimate that it costs more than $200,000 to raise one child from birth to college. Can you really raise your kids without going broke? Brynne from FemmeFrugality joins us to talk about raising kids on a budget. She also includes her perspective on raising a child with special needs. You don't have to spend a fortune to raise your kids. We talked about how you can still provide great memories without breaking the bank. https://moneymastermindshow.com/raise-your-kids/ Important issues discussed in this episode: Why it costs so much to raise your kids today. What goes into the numbers from the USDA. How you can raise your kids without spending so much money. Tips for taking advantage of resources available for special needs children. Ideas for creating inexpensive but fun memories. Panelists In This Episode: Brynne Conroy | Femme Frugality Glen Craig | Free From Broke Kyle Prevost | Young and Thrifty Miranda Marquit | Planting Money Seeds Peter Anderson | Bible Money Matters T

Are you stuck about what to do with your money? Are you unsure of where to go next? A financial planner might be able to help.  There's a reason that even financial professionals look to others for an outside opinion. A good financial planner can help you see new things about your finances, and make a plan for the future. Katie Brewer from Your Richest Life joins us to talk about the importance of a fresh set of eyes when it comes to your finance future. https://moneymastermindshow.com/episode70-how-a-financial-planner-can-help-you/ Important issues discussed in this episode: How do you know you need a financial planner? The benefits of getting another opinion from a professional. Different types of services offered by a financial planner. How to find the right financial planner for your situation. Panelists In This Episode: Special Guest: Katie Brewer | Your Richest Life Glen Craig | Free From Broke Kyle Prevost | Young and Thrifty Miranda Marquit | Planting Money Seeds Peter Anderson | Bible Money Matte

Navigating money issues in a relationship can be tricky. How can you accommodate different spending priorities with your partners? How do you discuss your finances, and how can you compromise with your choices?   Join us as Talaat and Tai McNeeley of His And Her Money join us to provide tips for how to talk about finances with your partner. https://moneymastermindshow.com/episode69-how-to-talk-about-finances-when-your-partner-has-different-priorities/ Important issues discussed in this episode: Why is money so hard to talk about in a relationship? The importance of understanding individual and shared priorities. How to talk about finances with respect. Tips for encouraging your partner to talk about finances with you. Ideas for setting goals for your money as partners. Panelists In This Episode: Special Guests: Tai & Talaat McNeeley | His & Her Money Glen Craig | Free From Broke Kyle Prevost | Young and Thrifty Miranda Marquit | Planting Money Seeds Peter Anderson | Bible Money Matters Tom Drake |