In this week's episode, Andrew discusses what was going on in the day trading world. He discusses why there could be some trouble in that arena in the coming months. He explains how and why to avoid risk at all cost. As risk is something to avoid while getting out of debt. Playing the stock market game is NOT a get rich quick plan. 

Use the debt snowball. Follow the Dave Ramsey Baby Steps. Do not invest in things you do not understand. Stop yourself from becoming addicted to the market. 85% of day traders lose money. Don't become another in that statistic. 

As always, be a friend, and tell a friend about this show if it impacts your life for the better. If not, just pretend it never happened. But, I’m hoping to create a community of people who want to succeed, financially and in life. Let’s accomplish those goals together. Until next time, thank YOU for listening.

Find Becoming Debt Free with Andrew T (as spelled on Facebook), and debtfreewithandrewt on Instagram.

CAN JAM OF THE WEEK: Till I Collapse by Eminem

Links

Defining Insider Trading https://examples.yourdictionary.com/examples-of-insider-trading.html

Attention Robinhood power users: Most day traders lose money CNBC

Robinhood Users success rate: A Study https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3715077

Tags~~~~~~~~~~~~~~~~

Robinhood, GameStop, Stock, investing, risk, Dave Ramsey, Dave Ramsey Baby Steps

In this episode, Andrew dives into the unsuccessful Student Loan Forgiveness programs. It's basically more of the same: overpromise, underdeliver. No real "forgiveness" of any kind over the course of 14 years. 99% rejection rate. See more stats at the links below. It's a sham at best. Be ready to be surprisingly unsurprised.

https://www.forbes.com/sites/zackfriedman/2019/05/01/99-of-borrowers-rejected-again-for-student-loan-forgiveness/?sh=70bf9f1fb16b

https://educationdata.org/student-loan-forgiveness-statistics#:~:text=Most%20people%20who%20are%20eligible,benefit%20from%20student%20loan%20forgiveness.&text=%2495.45%20per%20indebted%20student%20borrower,federal%20government%20forgives%20student%20loans.

This week, Andrew dives into who should be in your boardroom and how should they impact your life. He gives an update on his student loan payment plan and progress. Then, he tells a story about his owner giving him a pair of dress shoes. It's touching. Don't. Cry. 

This week's CAN JAM of the Week: Can't Be Touched by Ron Jones Jr., Mr. Magic, and Trouble.

Please feel free to support this journey by sharing or donating to the cause. Thank you for listening.

On this week's episode, Andrew talks about the advantages of investing in 401k. Figure out how much you will have at retirement here: https://www.investor.gov/financial-tools-calculators/calculators/compound-interest-calculator . 

Then he discusses his future financials, how that impacts things going forward, and why investing in retirement is low risk, high reward. Safe is good.

Good bye and good riddance to 2020.

In this week's episode, Andrew talks about how to budget for the holiday season, ways to shop for loved ones, and builds a window for what that looks like. 

This week's CAN JAM: The Time is Now by John Cena. 

In this week's episode, Andrew talks about a solid plan to prepare yourself for the Christmas Holiday season. Save $100 monthly to spend $1100 for Christmas, or even $50 a month for a quality Christmas season.

Then, we talk about the bills paid this week. 

This week's CAN JAM: Monster by Skillet.

On this week's episode, Andrew talks about how momentum got his debt snowball rolling. He digs into the swamp of debt he has slowly moved himself out of to gain financial freedom and independence. Have you crushed $20,000 in debt? Andrew has, and he paid $1,570.47 on his student loans this week.

List your debts smallest to largest and tackle them like football players on Sundays.

On this week's episode, Andrew talks about where we get financial advice, who we should trust and why our parents even make mistakes with money. So, why do we take advice from broke people? They might mean well, but why would you build a house with a shoddy construction company? Get it done and get it done right.

Then a life update. Spoiler: it's a long road, lean on people to help you through it.

Can Jam: Forever by Drake, Lil Wayne, Kanye West, and Eminem.

Andrew talks about why convenience and debt free do not belong in the same sentence. Anything worth doing takes time. 

Then a life update, CAN JAM (Warriors by Imagine Dragons).

Episodes will come every two weeks starting TODAY. Mark Monday, October 5 for the next episode.