Monday Money Tip

In this episode, we’re discussing how to break the cycle saving money and then immediately spending that money leaving you with no margin. In our Current Money Events segment, we’re updating you on the United States National Debt and how the Coronavirus Pandemic has affected it. Our success story comes from Philip, who’s getting ready to start the last session of the I Was Broke. Now I’m Not. Group Study via Zoom.

In this episode, we’re discussing alternative ways to invest. Learn how you can diversify your investments moving forward. In our Current Money Events segment, we’re updating you on interest rates (mortgages, savings, and CDs). Our success story comes from Sean and Laura, who were able to save $720 on their car insurance!

On this episode, we’re joined by guest Sarah Piercy (listen to episode 76), who explains why she did a spending fast (twice!), how it changed her and her family, and what lessons she learned through it. We’ll explain what a spending fast is and if now is the right time to embark on one. Hear practical steps and encouragement from Sarah if you’re looking to do a spending fast.

In this episode, we’re talking about what you need to do with your money during this type of economy since it appears like it’s going to take a while to recover from the Coronavirus Recession. In our Current Money Events segment, we’re giving an Coronavirus update as it applies to your finances. Our success story comes from all our small business friends who have been able to receive the money from the Paycheck Protection Program.

COVID-19 has changed the way we do life. It has shocked the entire world, but we know that one day life will go back to normal (maybe a new normal). With this sudden change, our team had to change the episodes we had initially been planned so we could keep you updated. This episode was initially scheduled to release the end of March, but the content was so helpful that we wanted to release it. On this episode, we’re sharing foolish things people do with money and how you can avoid them!

In this episode, we’re talking about how to maximize your CARES Act (Coronavirus Aid, Relief, and Economic Security Act) cash payments that most Americans will be receiving very soon. In our Current Events Segment, we’ll share how many banks are offering payment relief for a variety of loans including, mortgage, HELOCs, automobiles, etc. We’re also sharing a gift you could give high school and college students to teach them about money before they enter the real world. 

COVID-19 has brought a shock to the world. Millions have been suddenly and unexpectedly thrown into unemployment. The stock market has imploded. Many people were operating without any financial reserves and are now facing the challenge of no income. On today’s episode, we’re talking about what to do when there just isn’t enough money. What do you do? How do you decide who gets paid first? 

COVID-19 has brought a shock to the world. We are facing new terms - social distancing, coronavirus, and self-isolating - to name a few, that would have been nonsensical just a couple of weeks ago. This has thrown the world into economic chaos. We want to help you address the financial challenges many of you are facing - or soon will be. On today’s episode, we’re going to talk about 10 Financial Steps You Can Take RIGHT NOW in the midst of the COVID-19 pandemic.

In this episode, we’re answering: “I have an idea for a business. Do you have some steps or tips you recommend for me?” In our Current Money Events segment, we’re talking about the craziness of the stock market with the spread of the Coronavirus. Our success story comes from Aaron, who is working to pay off all his debts and will be debt-free within a year and a half (including two car payments)! 

In this episode, we’re answering: “Can you share your thoughts about credit cards? I have been listening to Dave Ramsey, and he is really against credit cards. However, most people have credit cards.” In our Current Money Events segment, we’re talking about spending money on pets. How much should you spend and are you spending more than the average person? Our success story comes from Casey, who is currently on Rung #5 of the I Was Broke. Now I’m Not. Ladder!!  

In this episode, we’re answering: “Following a budget is really difficult because I feel like I am constantly having to say, “No!” to myself - and the rest of my family. Can you help me address this feeling?” In our Current Money Events segment, we’re talking about the turmoil of the stock market and what you should do.  Our success story comes from Emory, who is debt-free except the house and only 2 years away from being completely debt-free! 

In this episode, we’re answering: “Can you tell me how to get started investing?” We’re also updating you on Joe’s Current Investments. In our Current Money Events segment, we’re talking about special days and how you can keep them from crushing your budget. 

In this episode, we’re answering: “We are pretty good at budgeting, but it seems like right when we have started to make progress, an unexpected expense blows up our budget. Can you help us figure out how to prevent these issues from messing with our financial progress?” In our Current Money Events segment, we’re sharing tips that Joe has learned from budgeting for 200 consecutive months. Our success story comes from Cody, who was able to eliminate a car payment. 

In this episode, we’re answering: “I know it’s important to pay attention to my finances, but it causes me so much frustration, fear, and anxiety. You seem very confident about money. Can you share some tips that will help me become more comfortable dealing with money stuff?” In our Current Money Events segment, we’re talking about the winter money blues. Our success story comes from Cynthia, who will be debt free after a 38-month journey!

In this episode, we’re answering: “I want to hear your thoughts on debt. Dave Ramsey says, “NO!” to all debt - except for maybe a house. Others say, “Use other people’s money.” I’m so confused. Help!” In our Current Money Events segment, we’re sharing the updated contribution limits to your retirement accounts and other tax-advantaged investment accounts. Our success story comes from David, who is almost halfway up rung #4 of the I Was Broke. Now I’m Not. Ladder!