Crushing Debt

Have you contributed to someone's GoFundMe?

Have you helped a friend with a Kickstarter Campaign?

What lessons can you learn from Skeletor?

In this week's episode Shawn & George talk about Crowdsourcing or Crowdfunding. What are some things you can do to help, and what are some things you should avoid? What are the various platforms available - although there are likely TONS more out there than what we cover in today's episode, including:

• GoFundMe
• Patreon (our favorite - https://www.patreon.com/crushingDebt)
• Raise Right
• Kickstarter

Let us know if you enjoy this episode and, if so, please share it with your friends!

Please also visit our sponsors:

• Magic Mind - https://www.magicmind.com/CRUSHING20. It keeps us focused and energized all day with no crash and no inability to get to sleep! Sam Cohen of Attorneys First Insurance for Attorneys and Title Companies looking to get a quote on Errors & Ommissions (malpractice) Insurance coverage. www.AttorneysFirst.com.

To contact George Curbelo, you can email him at [email protected] or follow his Tiktok channel - https://www.tiktok.com/@curbelofinancialcoach

To contact Shawn Yesner, you can email him at [email protected] or visit www.YesnerLaw.com. And please consider a donation to Pancreatic Cancer research and education by joining Shawn's team at MY Legacy Striders: http://support.pancan.org/goto/MYLegacyStriders08

What is the biggest trap in real estate investing?

How can you avoid it?

What lessons can you take from what has happened to others in this scenario?

In this week's episode, Shawn tells the unfortunate story of clients of his, and what happened to them happens more often than you would think. Imagine buying property at the Courthouse Auction. You think you've bought your dream home and, not only that, but you bought it at a GREAT price! Then, all of the sudden, you learn that in order to keep this dream home or investment property, you need to pay MORE money to eliminate more liens and mortgages! How is this possible?

Shawn tells the unfortunate story of how an investment of about $400 would have saved his clients $180,000! What could these clients have done differently? What could each of the parties involved have done differently?

We have discussed these issues in previous episodes, including:

• Episode 73 - Surplus Funds and Associations; https://yesnerlawpodcast.libsyn.com/episode-73-surplus-funds-and-associations
• Episode 71 - Listener Questions; https://yesnerlawpodcast.libsyn.com/episode-71-listener-questions-answered

Let us know if you enjoy this episode and, if so, please share it with your friends!

Please also visit our sponsors:

• Magic Mind - https://www.magicmind.com/CRUSHING20. Shawn has been using Magic Mind to crank out work in anticipating of being away on vacation for the next week, and it has helped focus and energy with no crash and no inability to get to sleep!
• Sam Cohen of Attorneys First Insurance for Attorneys and Title Companies looking to get a quote on Errors & Ommissions (malpractice) Insurance coverage. www.AttorneysFirst.com.

Or, you can support the show by visiting our new Patreon page: https://www.patreon.com/crushingDebt

To contact George Curbelo, you can email him at [email protected] or follow his Tiktok channel - https://www.tiktok.com/@curbelofinancialcoach

To contact Shawn Yesner, you can email him at [email protected] or visit www.YesnerLaw.com. And please consider a donation to Pancreatic Cancer research and education by joining Shawn's team at MY Legacy Striders: http://support.pancan.org/goto/MYLegacyStriders08

Happy Fourth of July!

What are some ways that you celebrate this, or any other holiday, and save money?

On today's episode of the Crushing Debt Podcast, Shawn & George talk about a few different ways that you can celebrate a holiday without breaking the bank.

We would love to hear your tips, or if we forgot anything.

Please also visit our sponsors:

• Magic Mind - https://www.magicmind.com/CRUSHING20, the World's First Mental Performance Shot.
• Sam Cohen of Attorneys First Insurance for Attorneys and Title Companies looking to get a quote on Errors & Ommissions (malpractice) Insurance coverage. www.AttorneysFirst.com.

Or, you can support the show by visiting our new Patreon page: https://www.patreon.com/crushingDebt

To contact George Curbelo, you can email him at [email protected] or follow his Tiktok channel - https://www.tiktok.com/@curbelofinancialcoach

To contact Shawn Yesner, you can email him at [email protected] or visit www.YesnerLaw.com. You can also support Pancreatic Cancer education and research by joining Shawn's team, MY Legacy Striders: http://support.pancan.org/goto/MYLegacyStriders08

When do you tip?

Do you tip based on the bill? Pre-tax or post-tax?

Do you increase or decrease your tip based on service?

What is the minimum or average tip you typically give?

This week's episode is inspired by a listener / previous guest Sue Reynolds (you can hear her episode, 248, here: https://yesnerlawpodcast.libsyn.com/when-you-cant-pay-your-mortgage-episode-248). Sue asked when and whether we tip, which is a topic we've never before discussed on the show!

How do you avoid tip shaming? Do you tip at a fast food restaurant? Do you tip the owner when the owner provides the service to you? What is standard these days and is it based on industry - for example food service versus haircuts? When you tip, but you've received a discount, do you tip on the pre-discount or post-discount amount? Or do you tip a flat fee regardless of the cost? Should servers at more expensive restaurants make more in tips simply because their food is more expensive? Should wait staff make more in tips simply because they served a table that also orders alcohol versus a table that does not?

George and Shawn discuss all of these issues, and give real life examples of when they have (or have not) tipped.

Let us know if you enjoy this episode and, if so, please share it with your friends!

Please also visit our sponsors:

• Magic Mind - https://www.magicmind.com/CRUSHING20, the World's first productivity energy shot. We love how the Magic Mind shot keeps us focused without a high or a crash!
• Sam Cohen of Attorneys First Insurance for Attorneys and Title Companies looking to get a quote on Errors & Ommissions (malpractice) Insurance coverage. www.AttorneysFirst.com.

If you want to leave Shawn & George a tip, you can visit our Patreon page: https://www.patreon.com/crushingDebt

To contact George Curbelo, you can email him at [email protected] or follow his Tiktok channel - https://www.tiktok.com/@curbelofinancialcoach

To contact Shawn Yesner, you can email him at [email protected] or visit www.YesnerLaw.com. You can also help support efforts to diagnose, educate (and one day cure) pancreatic cancer at MY Legacy Striders: http://support.pancan.org/goto/MYLegacyStriders08

What is the secret to holistic success?

How to get holistic success?

What are the five E's to holistic success?

This week's guest on the Crushing Debt Podcast is Jesse Johnson, Founder and CEO of Champion Empire. We talk to Jesse about his amazing story and why he does what he does. Jesse and his companies have helped his clients pay off over $5 million in personal debt, and increase their take-home income.

You can contact Jesse at:

• [email protected]
• LinkedIn @jesse-johnson-champion
• www.ChampionEmpire.net

Let us know if you enjoy this episode and, if so, please share it with your friends!

Please also visit our sponsors:

• Magic Mind - https://www.magicmind.com/CRUSHING20 The World's First Mental Performance Shot! Use our code for 20% off!
• Sam Cohen of Attorneys First Insurance for Attorneys and Title Companies looking to get a quote on Errors & Ommissions (malpractice) Insurance coverage. www.AttorneysFirst.com.

Or, you can support the show by visiting our new Patreon page: https://www.patreon.com/crushingDebt

To contact George Curbelo, you can email him at [email protected] or follow his Tiktok channel - https://www.tiktok.com/@curbelofinancialcoach

To contact Shawn Yesner, you can email him at [email protected] or visit www.YesnerLaw.com. You can also support Pancreatic Cancer research and detection by joining Shawn's team, MY Legacy Striders: http://support.pancan.org/goto/MYLegacyStriders08

What in the heck does "Spaving" mean?

Should you buy the BOGO?

Should you buy something just because it is on sale?

Buy 3, get the fourth free - good deal or no?

This is a week of returns for the Crushing Debt Podcast. George is back after a one-week hiatus. And we welcome back a former sponsor - Magic Mind! I'm sipping my Magic Mind as I post today's show. I drink it with my morning coffee and it helps me to stay focused all day, without the jitters!

You can learn more about spaving by listening to this week's episode, and you can check out these articles:

• Americans can't stop 'spaving' — here's how to avoid this financial trap (aol.com)
• Here's how 'spaving' could hurt your finances (msn.com)

Let us know if you get caught Spaving and, if you enjoy the podcast, please share it with your friends!

Please also visit our sponsors:

• Magic Mind - https://www.magicmind.com/CRUSHING20
• Sam Cohen of Attorneys First Insurance for Attorneys and Title Companies looking to get a quote on Errors & Ommissions (malpractice) Insurance coverage. www.AttorneysFirst.com.

Or, you can support the show by visiting our new Patreon page: https://www.patreon.com/crushingDebt

To contact George Curbelo, you can email him at [email protected] or follow his Tiktok channel - https://www.tiktok.com/@curbelofinancialcoach

To contact Shawn Yesner, you can email him at [email protected] or visit www.YesnerLaw.com, and to support Pancreatic Cancer education and research, please join our team - MY Legacy Striders: http://support.pancan.org/goto/MYLegacyStriders08

Do you enjoy paying taxes to the government?

Do you want to keep more of your profit or gain from the sale of assets?

Do you know the Tax Code Section, that has been in existence for a little more than 100 years to help (at first) farmers to defer gains on the sale of assets?

This week's guest on the Crushing Debt Podcast is Dave Foster, a nationwide qualified intermediary for 1031 exchanges. Dave has built his business around a model of education, teaching continuing education courses for Realtor associations throughout the country, as well as educational investor webinars for title companies, attorneys, and real estate brokerages.

Dave advocates for the strategic use of defering tax gains using section 1031 of the Internal Revenue Code (the 1031 Exchange). Dave is an example of using the tax code to his advantage over the years to position his investment portfolio to buy and live on a sailboat for 10 years raising his children.

Dave didn't start with 1031 Exchanges, but learned the hard way when the government took 40% of the profits from one of his first sales in the form of taxes. Shawn talks to Dave about some of the benefits of using Section 1031 as an investment strategy.

You can contact Dave at [email protected] or visit his website www.The1031Investor.com.

Let us know if you enjoy this episode and, if so, please share it with your friends!

Please also visit our sponsor, Sam Cohen of Attorneys First Insurance for Attorneys and Title Companies looking to get a quote on Errors & Ommissions (malpractice) Insurance coverage. www.AttorneysFirst.com.

Or, you can support the show by visiting our new Patreon page: https://www.patreon.com/crushingDebt

To contact George Curbelo, you can email him at [email protected], or follow his Tiktok channel - https://www.tiktok.com/@curbelofinancialcoach

To contact Shawn Yesner, you can email him at [email protected] or visit www.YesnerLaw.com. And we are always accepting donations to support Pancreatic Cancer education, detection and research by joining Shawn's PanCAN team, MY Legacy Striders: http://support.pancan.org/goto/MYLegacyStriders08

Can you spot a scam?

Do you know when someone is trying to hack your accounts?

Have you ever been a victim of fraud and how can you avoid it?

This week's episode starts with a letter that Shawn received from the Social Security Administration. Shawn has been getting a lot of mail lately from the SSA because of benefits for his late wife. However, this letter was address to Shawn's son (red flag), included his wife's cell phone number (second red flag), asked that his son have his bank account information handy (MAJOR red flag), said that Shawn's son had requested the appointment (no he didn't), and provided a date and time when an SSA representative would call him (GINORMOUS RED FLAG).

What would you do in a situation like that? What did Shawn do?

George and Shawn also discuss other hacks, like sim card hacks, and ways to prevent or monitor and quickly catch potential hacks.

If you want to hear how Shawn dealt with this, then listed to today's episode! If today's episode has value, please share it with your friends!

Please also visit our sponsor, Sam Cohen of Attorneys First Insurance for Attorneys and Title Companies looking to get a quote on Errors & Ommissions (malpractice) Insurance coverage. www.AttorneysFirst.com.

Or, you can support the show by visiting our new Patreon page: https://www.patreon.com/crushingDebt

To contact George Curbelo, you can email him at [email protected] or follow his Tiktok channel - https://www.tiktok.com/@curbelofinancialcoach

To contact Shawn Yesner, you can email him at [email protected] or visit www.YesnerLaw.com, and you can support Pancreatic Cancer research and education by donating to Shawn's PanCAN Team, MY Legacy Striders: http://support.pancan.org/goto/MYLegacyStriders08

This is a question I get quite often - "How much debt do I need to have in order to file bankruptcy?"

The answer might surprise you - it depends!

Are you self-employed?

Have you had a drop in income?

What type of debt do you have? Business debt? Medical? IRS?

Typically, our answer is that you need to have more debt than you can repay over a reasonable period of time. So someone with $30,000 in debt who makes $50,000 per year may be a good candidate for bankruptcy. Whereas someone with $100,000 in debt who makes $1 million per year may be a bad candidate for bankruptcy.

Today's discussion stems from a conversation George had with a potential client. This person bought a new car for $25,000, with payments of $725 per month on a 5-year loan at 20% interest!

Let us know if you enjoy this episode and, if so, please share it with your friends!

Please also visit our sponsor, Sam Cohen of Attorneys First Insurance for Attorneys and Title Companies looking to get a quote on Errors & Ommissions (malpractice) Insurance coverage. www.AttorneysFirst.com.

Or, you can support the show by visiting our Patreon page: https://www.patreon.com/crushingDebt

To contact George Curbelo, you can email him at [email protected] or follow his Tiktok channel - https://www.tiktok.com/@curbelofinancialcoach

To contact Shawn Yesner, you can email him at [email protected] or visit www.YesnerLaw.com.

What are the benefits of owning your commercial building?

What are the drawbacks of owning your commercial building?

Are you a small business owner, worried about how you're going to fit in your current lease space? Maybe it's too small, maybe it's too big, and maybe your space could provide an additional source of revenue to your business!

Finally, what special milestone is the Crushing Debt Podcast celebrating with this episode?

Shawn & George have talked before about the pros and cons of owning versus leasing when it comes to your primary residence and your car, but today, we talk to Paul Neal, author of the book "Un-Lease Your Business: Unlock Wealth, Autonomy and Control By Buying Your Building and Firing Your Landlord." Paul is a commercial real estate financing expert specializing in guiding business owners just like you to buy their first piece of commercial real estate.

George and Shawn talk to Paul about owning versus leasing, business credit, the availability of space for your business, and other related topics. You can find Paul, and get a copy of his book at: www.OwnYourBuildingNow.com, or on Amazon.

As we celebrate George's two-year anniversary as co-host of the podcast, let us know if you enjoy this episode and, if so, please share it with your friends!

Please also visit our sponsor, Sam Cohen of Attorneys First Insurance for Attorneys and Title Companies looking to get a quote on Errors & Ommissions (malpractice) Insurance coverage. www.AttorneysFirst.com.

Or, you can support the show by visiting our new Patreon page: https://www.patreon.com/crushingDebt

To contact George Curbelo, you can email him at [email protected] or follow his Tiktok channel - https://www.tiktok.com/@curbelofinancialcoach

To contact Shawn Yesner, you can email him at [email protected] or visit www.YesnerLaw.com. We are proud to have raised over $12,000 to support Pancreatic Cancer research and education. Although the Purple Stride walk is over for 2024, there's still an opportunit to join Shawn's team for next year's walk and to continue to support the families impacted by this terrible disease. Visit MY Legacy Striders: http://support.pancan.org/goto/MYLegacyStriders08