Monday Money Tip

Monday Money Tip

By Joe SanglBusinessInvesting
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Monday Money Tip episodes

  • #86: Pay Cash for Next Christmas (or a Vacation!)

    About the Episode: 

    • Today, we’re answering: “We need your help. We are pretty good at budgeting, but it seems like right when we have started to make progress, an unexpected expense blows up our budget - things like a car repair or an insurance bill that is due every six months. Can you help us figure out how to prevent these issues from messing with our financial progress?”  
    • In our Current Money Events segment, we’re sharing tips that Joe has learned from budgeting for 200 consecutive months. 
    • Our success story comes from Cody, who was able to eliminate a car payment. 

    Resources:
    I Was Broke. Now I’m Not. Participant Kit + FREE Access to Online Study
    I Was Broke. Now I’m Not. Group Study DVD
    I Was Broke. Now I’m Not. Tools
    TOOLS: Budgeting 
    TOOLS: Known, Upcoming, Non-Monthly Expense Calculator 
    Next Steps: Banking  
    IWBNIN Ladder
    20/20 MONEY: Gaining Clarity For Your Financial Future 

    Verse: “The plans of the diligent lead to profit, as surely as haste leads to poverty.” - Proverbs 21:5

    Related Monday Money Tip Podcast Episodes:
    Episode 32: How to Have a Debt-Free Vacation
    Episode 33: How to Never Have a Car Payment
    Episode 61: The I Was Broke. Now I’m Not. Ladder - Explained
    Episode 83: Money Saving Tips

    Email [email protected] to ask questions or share success stories.

    25 min
  • #85: Dealing With Financial Anxiety
    In this episode, we’re answering: “I know it’s important to pay attention to my finances, but it causes me so much frustration, fear, and anxiety. You seem very confident about money. Can you share some tips that will help me become more comfortable dealing with money stuff?” In our Current Money Events segment, we’re talking about the winter money blues. Our success story comes from Cynthia, who will be debt free after a 38-month journey!
    28 min
  • #84: Is All Debt Equal?
    In this episode, we’re answering: “I want to hear your thoughts on debt. Dave Ramsey says, “NO!” to all debt - except for maybe a house. Others say, “Use other people’s money.” I’m so confused. Help!” In our Current Money Events segment, we’re sharing the updated contribution limits to your retirement accounts and other tax-advantaged investment accounts. Our success story comes from David, who is almost halfway up rung #4 of the I Was Broke. Now I’m Not. Ladder!
    30 min
  • #83: Money Saving Tips
    In this episode, we’re answering: “I just got started with my monthly budget. It is really tight! What are some ways I can save money in my budget?” In our Current Money Events segment, we’re talking about things people say about money that drive us crazy! Our success story comes from Debby, who paid off her house in less than seven years!
    29 min
  • #82: Maximize Your Tax Refund
    In this episode, we’re answering: “Every year, I receive a big tax refund. It always seems like a big amount, but somehow it disappears without making the impact I wish or thought it could. Can you provide some tips I could use to  maximize my tax refund?” In our Current Money Events segment, we’re sharing about good financial habits that you can create as the year is getting started. Our success story comes from Shawn and Jenn, who are completely debt-free going into 2020, minus the mortgage!
    26 min
  • #81: How to Prevent Overspending
    In this episode, we’re answering: “We always start out the month well. We prepare a budget, and it seems like we will be able to have a great month. However, by the end of the month, we’ve overspent the budget again. How do we stop overspending? Help!” In our Current Money Events segment, we’re updating you on a tax law change that has significant implications. Our success story comes from Kathy, whose credit score is now over 800!
    29 min
  • #80: The Power of Coaching
    In this episode, we’re answering: “I need help! I get all fired up about making changes to my finances, and I usually get off to a great start. But then something happens, and it feels like we lose all of the progress we have made. How can I get out of this up-and-down cycle?” In our Current Money Events segment, we’re updating you on the United States National Debt and how you can make a difference.
    23 min
  • #79: Your Best Financial Year Yet
    In this episode, we’re answering: “I want to make a lot of progress with my finances in 2020. Can you share some tips that could help me get off to a great start?” In our Current Money Events segment, we’re updating you on banking stats, including mortgage rates, basic saving rates, and CD rates. Hear a success story from Scott, who just became debt-free, including his house! In total, Scott paid-off $263,000!
    21 min
  • #78: Top Money Questions - December 2019
    In this episode, we’re answering your top money questions from December, including questions about starting a small business, obtaining rental properties, and if purchasing a long-term care insurance policy is a good idea. In our Current Money Events segment, we’re discussing what you can do NOW to help you achieve your financial goals in 2020. Hear a success story from Ms. Parker, who has been able to make huge progress on her debt elimination journey.
    28 min
  • #77: Christmas Money
    In this episode, our featured topic is: “It’s Christmas time. We’re going to spend some time talking about how to have good money conversations during the holidays.” In our Current Money Events segment, we’re discussing what it really means when we purchase a gift for someone. Hear a success story from Rick, who has completely turned his financial situation around and is debt-free at the age of 47 years old.
    27 min

About Monday Money Tip

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It is our goal to help you accomplish far more than you ever thought possible with your personal finances, allowing you to do exactly what you have been put on earth to do.