Catching the Coin

A light and fluffy take on some money issues.

Looking to make over $100,000 a year? How about being a chef on a submarine in Australia? Tim and Troy take on some interesting jobs that can rake in over 100K Benjamins.

It can be said that our lives are the sum total of our habits. There are habits we know we have, but there are also habits that we don't realize we have. Yet, there is a reward or consequence for each habit in our lives.

Ellie Kay is the co-author of "Lean Body, Fat Wallet" an incredibly insightful book that helps you learn and apply new habits that will bring improved physical and financial health.

Also known as America's Family (and Military) Financial Expert, Ellie will share how she has been able to positively impact the lives of thousands of people.

In This Episode We Look At:

• The 3D Habit: Determine, Distract and Delay
• The In and Out Habit (Nope, not burgers!)
• The Sustainable Lifestyle Habit

Today's Resources and Links:

• EllieKay.com
• Lean Body, Fat Wallet: Discover the Powerful Connection to Help You Lose Weight, Dump Debt, and Save Money [Affiliate Link]
• RetailMeNot's Mobile Apps
• TravelZoo's Mobile Apps

One Thing You Can Do Today to Improve Your Financial World:

• Choose just One of these habits taught today and determine to apply it to your life this week. Share this new habit decision with your spouse or best friend and ask them to keep you accountable.

What Are Your Thoughts?

If you have a question or comment about today's topic, we invite you to share your thoughts.

A light and fluffy take on some money issues.

In this episode we talk about some really bad excuses for calling in to work.

So many investors, having experienced the ups and downs of the market , or perhaps have suffered setbacks and great loss, are desperate for a quick-fix or easy way out.

We hear stories like, "If you would have invested $100 in Coca Cola when it first went public, you'd have over $10,000,000!"

They hope to find that hidden nugget or the Guru who will tell you which stock is going to skyrocket to 1000%.

In This Episode We Look At:

• Being aware of the temptation to take short cuts
• Identifying actual scams and cons, as well as the emotions which cause us to fall prey to them
• Real world formulas for financial success

Today's Resources and Links:

• We really appreciate and recommend Stephen Covey's seminal work, "7 Habits of Highly Successful People" [affiliate link]
• Here's an awesome Ted Talk on the key to success.
• I (Tim) was really challenged and encouraged when I listened to Tim Ferris' interview with Kevin Costner on building his career.

One Thing You Can Do Today to Improve Your Financial World:

• Love what you do for a living and pour passion into it (or change careers to pursue what you are passionate about). Commit to keeping a portion of everything you earn - it is yours. Invest it for your financial future.

What Are Your Thoughts?

If you have a question or comment about today's topic, we invite you to share your thoughts.

A light and fluffy take on some money issues.

Today we give our take on some rather ridiculous Kickstarter campaigns.

Now is a really good time of year to take a rest of sorts: to pause and think.

We want to encourage you to pause and consider the source of your future income.

Will you work until you die? Do you wish to be able - financially - to stop working ?

Obviously, you will still need money.

In This Episode We Look At:

• The Reality of higher future income taxes and the possibility of avoiding them
• Plans to reduce the taxation of your future income
• How to contribute to a Roth IRA when you exceed income limits

Today's Resources and Links:

• "The Power of Zero" by David McKnight [Affiliate Link]
• IRA FAQs - Rollovers and Roth Conversions
• The Back Door Roth Conversion [Wall Street Journal]

One Thing You Can Do Today to Improve Your Financial World:

• Plan today to beat tomorrow's egregious income taxes. Take advantage of the Roth IRA and non-retirement accounts to greatly minimize or eliminate the taxation of retirement income.

What Are Your Thoughts?

If you have a question or comment about today's topic, we invite you to share your thoughts.

A light and fluffy take on some money issues.

Our take on some wild inheritance rides.

Let's be real: Money isn't exactly a romantic topic to discuss while dating…. so many couples avoid it.

Today we've invited our wives to join us on the podcast. We speak candidly about the differences in our views on money, and how we went from conflict to copasetic!

In This Episode We Look At:

• Intentionally learning about your spouse's upbringing for a better understanding of their personal views
• Identifying underlying views toward our spouse that undermines real communication
• Getting on The Same Page and strengthening your relationship and finances

Today's Resources and Links:

• Faith and Finances- Eternal Promises for Today's Resources [Affiliate Link]

• YNAB app link

• Our friends over at The Simple Dollar have a great read about joint/separate finances in marriage.

One Thing You Can Do Today to Improve Your Financial World:

• Sit down with your spouse and seek to understand each other's financial influences early in life. Do NOT place blame.

Establish action plans based on each other's strengths.

What Are Your Thoughts?

If you have a question or comment about today's topic, we invite you to share your thoughts.

A light and fluffy take on some money issues.

Last week we discovered some outrageous tax deductions; this week we'll look at some outrageous taxes.

Tim and I hope that you had a Merry Christmas and will have a Happy New Year.

We invite you enjoy one our most popular episodes while we enjoy some time off with our families.

Please consider and enjoy Episode 7, The $500K Car.