In episode 102 of Financial Conditioning, Simon Karmarkar delves into the inspiring journey of Rachel Rodgers, who transformed her financial beginnings into a multimillion-dollar business success. The episode explores the significance of understanding and balancing passive income, offering valuable insights for those seeking financial freedom. Simon also provides practical tax tips specifically tailored for rideshare drivers, helping them maximize their earnings. The episode concludes with a summary and closing remarks, encouraging listeners to apply these insights and take control of their financial futures.

(0:00) Introduction to episode 102

(0:32) Rachel Rodgers' journey from financial beginnings to multimillion-dollar business owner

(3:21) Understanding and balancing passive income

(6:51) Tax tips for rideshare drivers

(11:04) Summary and closing remarks

In episode 101 of Financial Conditioning, Simon Karmarkar introduces listeners to the journey of Grant Sabatier and the various stages of entrepreneurship. The discussion delves into building sustainable systems and fostering intentional growth within the entrepreneurial landscape. Simon explores the concept of empire entrepreneurship, addressing common business pitfalls and the importance of creating opportunities. The episode wraps up with closing remarks and a reminder for listeners to subscribe, offering insights into navigating the entrepreneurial path with a focus on sustainability and growth.

(0:00) Introduction to episode one hundred and one

(0:38) Grant Sabatier's journey and the stages of entrepreneurship

(1:50) Building sustainable systems and intentional growth in entrepreneurship

(2:31) Empire entrepreneurship, business pitfalls, and creating opportunities

(3:38) Closing remarks and subscription reminder

In episode 100 of Financial Conditioning, Simon Karmarkar celebrates the show's milestone by exploring the rise of middle-class multi-millionaires. He shares the inspiring story of Luis, who achieved multi-millionaire status through strategic asset ownership and diversifying income sources. The episode also discusses the importance of preparing the next generation for financial independence, offering practical budgeting advice inspired by Rachel Cruze. Simon wraps up the episode with motivational insights, encouraging listeners to pursue their financial goals with determination and foresight, highlighting actionable steps for achieving financial success.

(0:00) Introduction to the 100th episode and the rise of middle-class multi-millionaires

(1:30) Luis's journey to becoming a multi-millionaire through asset ownership and income diversity

(3:09) Setting up the next generation for financial independence

(4:32) Practical budgeting advice inspired by Rachel Cruze

(7:51) Conclusion and motivational send-off

In episode 99 of Financial Conditioning, Simon Karmarkar explores the concept of financial independence, focusing on spending habits and their impact on financial freedom. He discusses the pros and cons of renting versus selling homes and reflects on his upbringing and family living arrangements, highlighting the choices and sacrifices made for financial freedom. Simon encourages listeners to critically evaluate their personal financial decisions, offering insights into achieving financial independence. The episode concludes with closing remarks, urging listeners to take actionable steps toward their financial goals.

(0:00) Introduction to financial independence and today's topic

(0:35) Discussion on spending habits and financial freedom, including renting vs. selling homes

(2:44) Reflection on upbringing and family living arrangements; Choices and sacrifices for financial freedom

(4:04) Encouragement to evaluate personal financial decisions and closing remarks

In episode 98 of Financial Conditioning, Simon Karmarkar delves into essential budgeting strategies, including zero-based budgeting, realistic planning, and useful tools. He highlights the benefits of automating finances and meal planning and introduces a weekly budget for tracking expenses. Simon also covers sensible credit card use, setting limits, and the role of accountability partners. Retirement readiness is explored with a focus on portfolio strategies and transitions. Expert Joe Saul-Sehy shares investment insights, and Simon discusses customizing retirement plans and overcoming behavioral challenges, concluding with tips for financial empowerment.

(0:00) Introduction and episode overview

(0:42) Budgeting Essentials: Zero-based, Realism, and Tools

(2:22) Automating Your Finances and Meal Planning

(3:13) Tracking Expenses and Adopting a Weekly Budget Approach

(4:03) Credit Card Usage and the Power of Saying "No"

(4:51) Accountability Partners and Celebrating Financial Milestones

(5:50) Retirement Readiness: Transitioning and Portfolio Strategies

(6:47) Expert Insight: Joe Saul-Sehy's Investment Approach

(7:29) Customizing Retirement Plans and Overcoming Behavioral Hurdles

(8:32) Episode Conclusion and Final Insights

In episode 97 of Financial Conditioning, Simon Karmarkar introduces Robert Rosenkrantz, exploring his background, early life financial struggles, and career milestones. The episode delves into Rosenkrantz's investment philosophy, negotiation techniques, and business achievements, highlighting his path to success. Simon discusses Rosenkrantz's philanthropic efforts and his practice of stoic principles. The episode also covers adjustable-rate mortgages (ARMs), their benefits, and strategies for mortgage choice, emphasizing the financial gains ARMs can offer. Simon concludes by applying the discussed principles, encouraging listeners to integrate these insights into their financial strategies for personal growth and success.

(0:00) Introduction to Robert Rosenkrantz and his background

(0:37) Early life, financial struggles, and career milestones

(2:09) Investment philosophy, negotiation techniques, and business success

(3:15) Philanthropy and practicing stoic principles

(4:39) Adjustable-rate mortgages (ARMs) and their benefits

(6:10) Financial gains from ARMs and mortgage choice strategies

(7:33) Conclusion and application of discussed principles

In episode 96 of Financial Conditioning, Simon Karmarkar shares his experience with property sales, offering market insights and discussing landlord challenges. He delves into investment diversification, tax implications, and the emotional aspects of selling property. Simon also explores life transitions and Flexible Spending Accounts (FSAs), covering their types, tax benefits, and rules. The episode discusses FSA fund expiration, rollover options, the evolution of financial advice, and media influence. Simon compares renting versus buying strategies and concludes by emphasizing personal finance as an individual journey, closing with gratitude and encouragement.

(0:00) Introduction to the episode

(0:26) Selling Property: Personal Story and Market Insights

(1:26) Diversifying Investments and Landlord Challenges

(2:35) Tax Implications and Emotional Aspects of Property Sales

(3:30) Preparing for Life and Career Transitions

(4:08) Deep Dive into Flexible Spending Accounts (FSAs)

(5:06) Understanding and Utilizing Different Types of FSAs

(6:25) Maximizing FSA Tax Benefits and Withdrawals

(8:16) Navigating FSA Contributions and the Use-It-Or-Lose-It Rule

(9:58) FSA Fund Expiration and Rollover Options

(10:39) Evolution of Financial Advice and Media Influence

(12:25) Comparing Real Estate Investment Strategies: Renting vs. Buying

(13:35) Conclusion: Personal Finance as an Individual Journey

(13:55) Closing Remarks and Gratitude

In episode 95 of Financial Conditioning, Simon Karmarkar dives into the intricacies of tax filing, providing a comprehensive overview to help listeners navigate Tax Day with confidence. He discusses the specifics of handling late filings, offering guidance for those who may find themselves behind schedule. The episode also covers strategies for managing taxes when expecting a refund or facing challenges in paying on time, equipping listeners with practical solutions to meet their obligations. Simon concludes with encouraging remarks, motivating listeners to approach tax season proactively and highlighting the importance of staying informed and prepared in their financial journey.

(0:00) Introduction and overview of tax filing

(1:03) Tax Day details and handling late filings

(2:32) Managing taxes when expecting a refund or unable to pay on time

(3:30) Closing remarks and encouragement

In episode 94 of Financial Conditioning, Simon Karmarkar highlights Somerset High School's journey into financial education, showcasing the role of Ramsey Education and Terry White in transforming students' financial literacy. Through firsthand student experiences with budgeting exercises, the episode illustrates the transformative power of financial education. Simon delves into the emotional journey students undergo as they reach millionaire milestones, emphasizing the long-term impact of early financial education. The episode concludes with encouraging remarks, motivating listeners to pursue financial literacy and empowerment, and highlighting the importance of financial education in shaping future financial success.

(0:00) Somerset High School's financial education journey

(1:02) Role of Ramsey Education and Terry White in student transformation

(3:17) Student experiences with budgeting exercises

(5:01) The transformative power of financial education

(6:00) Emotional journey through millionaire milestones

(10:00) Closing remarks and encouragement

In episode 93 of Financial Conditioning, Simon Karmarkar addresses recession concerns for early retirees, offering insights on sustaining retirement and investment strategies during economic downturns. He explores the potential of investing in AI, highlighting the importance of resourcefulness in uncertain times. The episode also provides practical budgeting tips and strategies to reduce grocery expenses, helping listeners manage their finances more effectively. Simon wraps up with closing remarks on achieving financial freedom, encouraging listeners to remain adaptable and proactive in their financial planning.

(0:00) Introduction and insights on recession concerns for early retirees

(2:33) Sustaining retirement and investment strategies during a recession

(5:21) Investing in AI and the value of resourcefulness

(7:26) Sponsor: TaxSlayer

(12:34) Budgeting and strategies to reduce grocery expenses

(15:55) Closing remarks on financial freedom