Above Average Dollar

Above Average Dollar

By salem hamidiBusinessEducationInvestingHow To
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Above Average Dollar episodes

  • Episode 15 - Shut Up and Raise Your Taxes

    JV Jones and YourPalSal discuss why you should be focused on not just taxes that the government takes, but you should also be taxing yourself to get out of debt and have financial independence quicker.

    Show Links

      https://www.valuepenguin.com/average-household-budget    From website   $63,784.00       Monthly Fed $7,654.08 12.00%     $637.84 FICA $5,102.72 8.00% 20.00%   $425.23 Housing $10,205.44 16.00% 36.00%   $850.45 Util $7,016.24 11.00% 47.00%   $584.69 Trans $8,929.76 14.00% 61.00%   $744.15 Food $6,378.40 10.00% 71.00%   $531.53 Debt $5,102.72 8.00% 79.00%   $425.23 Healthcare $3,827.04 6.00% 85.00%   $318.92 Clothes/shoes $1,913.52 3.00% 88.00%   $159.46 Entertainment $2,551.36 4.00% 92.00%   $212.61 Education $1,275.68 2.00% 94.00%   $106.31 Vices,Misc,PersonalCare $1,913.52 3.00% 97.00%   $159.46 Savings $1,913.52 3.00% 100.00%   $159.46   $0.00           $63,784.00       $5,315.33 After making radical changes   $63,784.00       Monthly Fed $7,654.08 12.00%     $637.84 FICA $5,102.72 8.00% 20.00%   $425.23 Housing $5,102.72 8.00% 28.00%   $425.23 Util $1,913.52 3.00% 31.00%   $159.46 Trans $3,189.20 5.00% 36.00%   $265.77 Food $5,102.72 8.00% 44.00%   $425.23 Debt $0.00 0.00% 44.00%   $0.00 Healthcare $3,827.04 6.00% 50.00%   $318.92 Clothes/shoes $637.84 1.00% 51.00%   $53.15 Entertainment $3,827.04 6.00% 57.00%   $318.92 Education $637.84 1.00% 58.00%   $53.15 Vices,Misc,PersonalCare $1,275.68 2.00% 60.00%   $106.31 Savings $25,513.60 40.00% 100.00%   $2,126.13   $0.00           $63,784.00       $5,315.33 https://www.census.gov/library/stories/2019/09/us-median-household-income-up-in-2018-from-2017.html
    30 min
  • Episode 12 - F.U. Money

    YourPalSal and JVJones discuss what the F.U. money is all about.  We also enjoy a few special characters that wanted to share their insite on F.U. Status

     

    Discussed Websites

    https://youtu.be/y6yCmdIkw_E

    https://www.fundable.com/learn/resources/guides/startup/funding-your-startup

    https://youtu.be/65GPcar5pqM

     

    38 min
  • Episode 10 - Legacy Box

    JV Jones and YourPalSal discuss what leaving a legacy means to them, and things you should consider to have organized in your personal legacy box.

    00-Executive Summary

    01-Legacy Letters

    02-Birth Certificates & Adoption

    03-Social Security Cards

    04-Passports & Driver Licenses

    05-Marriage Certificate

    06-Auto Insurance

    07-Homeowner, Flood, Jewelry Insurance

    08-Health Insurance

    09-Long-Term Disability Insurance

    10-Long-Term Care Insurance

    11-ID Theft Protection & Credit Reports

    12-Life Insurance

    13-Umbrella Liability Insurance

    14-Estate Plan

    15-Power of Attorneys & Living Wills

    16-Wills

    17-Funeral Instructions

    18-Financial Account Log

    19-Safe Deposit Log

    20-Monthly Budget

    21-Tax Documents & Returns

    22-Bank Statements

    23-Credit Card Statements

    24-Mutual Fund & HAS Statements

    25-College Funds

    26-Retirement Accounts

    27-Rental Property Summary

    28-Car Titles

    29-Home Ownership Records

    30-Degrees and Certificates

    31-Passwords-Combinations

    32-Misc-NotPrinted/Filed

    30 min
  • Episode 9 - Producing vs Consuming

    JV Jones and YourPalSal discuss Producing vs Consuming.  The idea of making a mindset shift from a mostly consuming mindset to one that caters more towards releasing your inner creativity in producing.

    Learn about ways to turn off the distractions keeping you from producing.

    Choose how you spend your time and the type of inputs you allow.

    Produce

    Consume

    Recover

    33 min
  • Episode 8 - Humbly Broke

    JV Jones and YourPalSal discuss how to be humble about being broke. What it takes to begin acknowledging you are broke and solutions to hurdles you may come across in doing so.

    34 min

About Above Average Dollar

From the publisher's feed

JV Jones and YourPalSal discuss their pursuit towards being debt free and retiring early, and the lessons learned along the way. They share stories, concepts, and tools all relating reaching this…