Money Mastermind Show

Want to pay off $28,000 worth of debt in under three years? Zina Kumok of Debt Free After Three will tell you how she managed this Herculean feat of frugalistic strength this week on the Money Mastermind Show. Tune in to hear about everything from stocking up on shampoo samples, to debating the merits of free-at-the-point-of-delivery college/university courses. If you're ready to live debt free, here's your road map to getting on the right track.

https://moneymastermindshow.com/episode34-paying-off-your-student-loans-to-live-debt-free/

Some important questions discussed in this episode:

• Is there a culture around blindly accepting student debt that needs to change?
• How did Zina manage to "earn" $1,000 by switching bank accounts a few times?
• Is there a case where paying off my student loans early isn't in my best interests?
• What does entitlement have to do with a student loan?
• Should society allow $100,000 student loans? Should post-secondary education be free?

Panelists In This Episode:

• Special Guest: Zina Kumok | Debt Free After Three
• Glen Craig | Free From Broke
• Kyle Prevost | Young and Thrifty
• Miranda Marquit | Planting Money Seeds
• Peter Anderson | Bible Money Matters
• Tom Drake | MapleMoney

Want to pay off $28,000 worth of debt in under three years? Zina Kumok of Debt Free After Three will tell you how she managed this Herculean feat of frugalistic strength this week on the Money Mastermind Show. Tune in to hear about everything from stocking up on shampoo samples, to debating the merits of free-at-the-point-of-delivery college/university courses. If you're ready to live debt free, here's your road map to getting on the right track.

Show Notes: http://moneymastermindshow.com/episode34/

Some important questions discussed in this episode:

Is there a culture around blindly accepting student debt that needs to change?

How did Zina manage to "earn" $1,000 by switching bank accounts a few times?

Is there a case where paying off my student loans early isn't in my best interests?

What does entitlement have to do with a student loan?

Should society allow $100,000 student loans? Should post-secondary education be free?

Links We Mentioned

Kyle and Peter fear rising university tuition costs (relative to general inflation).

Naturally Kyle never misses a chance to shamelessly promote his book.

Peter also looks at how to tackle repaying your student loans.

For general information check out the Student Debt Project.

Strategies for paying off student loans fast.

Panelists In This Episode:

Special Guest: Zina Kumok | Debt Free After Three

Glen Craig | Free From Broke

Kyle Prevost | Young and Thrifty

Miranda Marquit | Planting Money Seeds

Peter Anderson | Bible Money Matters

Tom Drake | Canadian Finance Blog

For a quick bio of each of our show participants, head on over to our panelists page.

Follow Us

Join us live every week for a new discussion about money! Follow all of our social media accounts to stay up to date on the latest shows and news!

Twitter: https://twitter.com/MoneyMstrmind

Facebook: https://facebook.com/MoneyMastermindShow/

Google +: https://plus.google.com/+MoneyMastermindShow/

YouTube: https://www.youtube.com/user/moneymastermindshow

Follow hashtag: #moneymastermindshow on Twitter every week during or after the show, or send your questions tagged with that hashtag.

Earning money is fun, watching your account balance grow can be very satisfying, but when it comes to that warm feeling inside, giving your cash away might be the most rewarding thing we can do where money is concerned. Friend of the show Luke Landis is back and he brought his playoff beard with him! We talk about what responsible giving might look like, how to make sure your given dollar goes as far as it can (whether it's a Loonie or a Greenback), and we'll even get slightly philosophical as we discuss what reasons people have for giving.

https://moneymastermindshow.com/episode33-how-to-use-your-time-and-money-for-good/

Some important questions discussed in this episode:

• Should I be giving to charity if I'm in debt?
• Are my taxes enough when it comes to giving to others?
• Where and how is it best to give? Which groups/organizations are for real?
• Do people give for good reasons? Can you tell who was a "good person" by looking at donation plaques on bridges, hospitals, and/or museum wings?

Panelists In This Episode:

• Special Guest: Luke Landes | LukeLandes.com
• Glen Craig | Free From Broke
• Kyle Prevost | Young and Thrifty
• Miranda Marquit | Planting Money Seeds
• Peter Anderson | Bible Money Matters
• Tom Drake | MapleMoney

Earning money is fun, watching your account balance grow can be very satisfying, but when it comes to that warm feeling inside, giving your cash away might be the most rewarding thing we can do where money is concerned. Friend of the show Luke Landis (LukeLandes.com) is back and he brought his playoff beard with him! We talk about what responsible giving might look like, how to make sure your given dollar goes as far as it can (whether it's a Loonie or a Greenback), and we'll even get slightly philosophical as we discuss what reasons people have for giving.

Show Notes: http://moneymastermindshow.com/episode33/

Some important questions discussed in this episode:

Should I be giving to charity if I'm in debt?

Are my taxes enough when it comes to giving to others?

Where and how is it best to give? Which groups/organizations are for real?

Do people give for good reasons? Can you tell who was a "good person" by looking at donation plaques on bridges, hospitals, and/or museum wings?

Links We Mentioned

Miranda believes in keeping charity in perspective

Tom has some info for Canadians on tax breaks for political contributions and charity donations

Luke recommends using Charity Navigator and/or GuideStar to check out your prospective charity

Canadians can check out Charity Intelligence Canada and the CRA's Charities Listings

Panelists In This Episode:

Special Guest: Luke Landes | LukeLandes.com

Glen Craig | Free From Broke

Kyle Prevost | Young and Thrifty

Miranda Marquit | Planting Money Seeds

Peter Anderson | Bible Money Matters

Tom Drake | Canadian Finance Blog

For a quick bio of each of our show participants, head on over to our panelists page.

Follow Us

Join us live every week for a new discussion about money! Follow all of our social media accounts to stay up to date on the latest shows and news!

Twitter: https://twitter.com/MoneyMstrmind

Facebook: https://facebook.com/MoneyMastermindShow/

Google +: https://plus.google.com/+MoneyMastermindShow/

YouTube: https://www.youtube.com/user/moneymastermindshow

Follow hashtag: #moneymastermindshow on Twitter every week during or after the show, or send your questions tagged with that hashtag.

Lauren Bowling from L Bee and the Moneytree joins us this week to explain why having multiple streams of income is quickly becoming not just a pleasant luxury, but for many young people at least, a real necessity in the quest for financial security. Tune in as Lauren and the panel discuss not only why pumping up your bank account from several different sources is important, but to breakdown some strategies they've used in order to generate several different streams of income.

https://moneymastermindshow.com/episode32-creating-multiple-streams-of-income/

Some important questions discussed in this episode:

• Do real people actually have "multiple streams of income" or is this just another thing for people with a net worth in the top 1%?
• If I have a second job am I already doing everything I can when it comes to diversifying my income sources?
• Tom's tell us why his favorite quote is, "7-2 in the morning is plenty of time to do damage," by Gary Vaynerchuks.
• Are dividends and real estate doable as streams of income for "normal people"?
• What are the downsides to pursuing all these income streams?

Panelists In This Episode:

• Special Guest: Lauren Bowling | L Bee and the Moneytree
• Glen Craig | Free From Broke
• Kyle Prevost | Young and Thrifty
• Miranda Marquit | Planting Money Seeds
• Peter Anderson | Bible Money Matters
• Tom Drake | MapleMoney

Lauren Bowling from L Bee and the Moneytree (lbeeandthemoneytree.com) joins us this week to explain why having multiple streams of income is quickly becoming not just a pleasant luxury, but for many young people at least, a real necessity in the quest for financial security. Tune in as Lauren and the panel discuss not only why pumping up your bank account from several different sources is important, but to breakdown some strategies they've used in order to generate several different streams of income.

Show Notes: http://moneymastermindshow.com/episode32/

Some important questions discussed in this episode:

Do real people actually have "multiple streams of income" or is this just another thing for people with a net worth in the top 1%?

If I have a second job am I already doing everything I can when it comes to diversifying my income sources?

Tom's tell us why his favorite quote is, "7-2 in the morning is plenty of time to do damage," by Gary Vaynerchuks.

Are dividends and real estate doable as streams of income for "normal people"?

What are the downsides to pursuing all these income streams?

Links To Help You On Your Millionaire Quest

Kyle's a fan of Paula Pant at Afford Anything and Sean Cooper at SeanCooperWriter.com, he also mentioned his love of Teachers Pay Teachers

Tom mentioned Ebates, Swagbucks, Etsy and TeeSpring

Check out that Freakonomics Podcast Kyle is always ranting about

Read about Tom's favorite quote and his dedication to late-night bootstrapping here

If you're into the freelancing stuff we discussed on the episode, ELance and Odesk might be good places to start

Panelists In This Episode:

Special Guest: Lauren Bowling | L Bee and the Moneytree http://www.lbeeandthemoneytree.com/

Glen Craig | Free From Broke

Kyle Prevost | Young and Thrifty

Miranda Marquit | Planting Money Seeds

Peter Anderson | Bible Money Matters

Tom Drake | Canadian Finance Blog

For a quick bio of each of our show participants, head on over to our panelists page.

Follow Us

Join us live every week for a new discussion about money! Follow all of our social media accounts to stay up to date on the latest shows and news!

Twitter: https://twitter.com/MoneyMstrmind

Facebook: https://facebook.com/MoneyMastermindShow/

Google +: https://plus.google.com/+MoneyMastermindShow/

YouTube: https://www.youtube.com/user/moneymastermindshow

Follow hashtag: #moneymastermindshow on Twitter every week during or after the show, or send your questions tagged with that hashtag.

So 2015 arrives and everyone around you is making these epic-quest goals and everywhere you look has lists of uber-ambitious resolutions. What's a sane person to do? Do you buy into the mania and say you're going to run a marathon while getting that MBA this year, or do you scoff at the people at the gym in January that aren't really sure what they're doing? Eric Rosenberg from Narrow Bridge Finance joins us this week to talk about his approach to goal setting – and even more crucial – goal achieving. Listen in for our thoughts on how to increase the likelihood that you'll realize your goals and what financial aims we have for the upcoming 365-day stretch.

https://moneymastermindshow.com/episode31-how-to-achieve-your-financial-goals-this-year/

Some important questions discussed in this episode:

• Don't most New Year's resolutions fail? Are they even worth it?
• How can I increase the odds I'll get to the light at the end of the tunnel this time?
• Are there any tools or resources that can help me in 2015?
• What sort of financial goals should I be making anyway?
• Is it better to dream big or start small?

Panelists In This Episode:

• Special Guest: Eric Rosenberg | Narrow Bridge Finance
• Glen Craig | Free From Broke
• Kyle Prevost | Young and Thrifty
• Miranda Marquit | Planting Money Seeds
• Peter Anderson | Bible Money Matters
• Tom Drake | MapleMoney

So 2015 arrives and everyone around you is making these epic-quest goals while everywhere you look has lists of uber-ambitious resolutions. What's a sane person to do? Do you buy into the mania and say you're going to run a marathon while getting that MBA this year, or do you scoff at the people at the gym in January that aren't really sure what they're doing? Eric Rosenberg from Narrow Bridge Finance joins us this week to talk about his approach to goal setting - and even more crucial - goal achieving. Listen in for our thoughts on how to increase the likelihood that you'll realize your goals and what financial aims we have for the upcoming 365-day stretch.

Show Notes: http://moneymastermindshow.com/episode31/

Some important questions discussed in this episode:

Don't most New Year's resolutions fail? Are they even worth it?

How can I increase the odds I'll get to the light at the end of the tunnel this time?

Are there any tools or resources that can help me in 2015?

What sort of financial goals should I be making anyway?

Is it better to dream big or start small?e

Links To Help You On Your Millionaire Quest

Glen's SMART goal primer

See how Young and Thrifty did with their 2014 resolutions

Peter tells you why setting goals is important

Miranda says the key could be to simply set one goal this year

YNAB

Mint

Moneydance

Asana

Ready for Zero

The Art of Non-Conformity by Chris Guillebeau

Remember the Milk App

Peter and the San Diego Reader believe most New Year's Resolutions go unfulfilled

Panelists In This Episode:

Special Guest: Eric Rosenberg | http://www.narrowbridge.net/

Glen Craig | Free From Broke

Kyle Prevost | Young and Thrifty

Miranda Marquit | Planting Money Seeds

Peter Anderson | Bible Money Matters

Tom Drake | Canadian Finance Blog

For a quick bio of each of our show participants, head on over to our panelists page.

Follow Us

Join us live every week for a new discussion about money! Follow all of our social media accounts to stay up to date on the latest shows and news!

Twitter: https://twitter.com/MoneyMstrmind

Facebook: https://facebook.com/MoneyMastermindShow/

Google +: https://plus.google.com/+MoneyMastermindShow/

YouTube: https://www.youtube.com/user/moneymastermindshow

Follow hashtag: #moneymastermindshow on Twitter every week during or after the show, or send your questions tagged with that hashtag.

The holiday season is upon us, but what happens when you run into a financial emergency? Did you spend too much on gifts? Are you still scrambling to find last-minute frugal gift and entertaining ideas? Is an unexpected emergency room visit straining your finances? What can you do when your holiday threatens to be less than happy?

We'll discuss some of the difficulties that come with the holiday season -- or that can arise during any financial emergency. We'll look at some of the last minute solutions to your last minute holiday financial problems, and talk about what you can do to prevent it from happening again.

Show notes: http://moneymastermindshow.com/episode30/

Some facts and important questions discussed in this episode:

- Shoppers around the country say they are planning to spend an average of $861 for gifts this holiday season, up from $801 last year (source)

- A Bank of Montreal survey shows Canadians polled expected to spend an average of $1,517 on holiday spending (source)

- Time.com reported that only 13% of consumers actually save money throughout the year in anticipation of the holiday season.

- Is having a budget an important part to surviving the Christmas holiday?

- Is it important to plan your Christmas spending, up to a year ahead?

- Has the focus of Christmas become too commercialized? Should we be calling it "Giftmas" instead of "Christmas"?

- How can we put the focus of the holiday season back on the giving, and put less emphasis on getting?

Links, Tools, and Programs To Help You Avoid Christmas Financial Disasters

- Christmas Budget Calculator http://www.mychristmasbudget.com

- 100 Frugal Christmas Gifts http://www.biblemoneymatters.com/100-frugal-creative-homemade-christmas-gifts/

- Can You Save Money By Shopping Ahead Of Time? http://www.chicagotribune.com/business/ct-holiday-savings-1124-biz-20141121-story.html

Ways To Give Back At Christmas

Operation Christmas Child

Angel Tree

Toys For Tots

My Two Front Teeth

Panelists In This Episode:

Special Guest: Phil Taylor | PTMoney.com

Special Guest: Kraig Mathias | CreateMyIndependence.com/

Special Guest: Matt Giovanisci | MattGiovanisci.com

Special Guest: Joe Saul-Sehy | StackingBenjamins.com

Special Guest: Harlan Landes | http://twitter.com/luke_landes

Glen Craig | Free From Broke

Kyle Prevost | Young and Thrifty

Miranda Marquit | Planting Money Seeds

Peter Anderson | Bible Money Matters

Tom Drake | Canadian Finance Blog

For a quick bio of each of our show participants, head on over to our panelists page.

Follow Us

Join us live every week for a new discussion about money! Follow all of our social media accounts to stay up to date on the latest shows and news!

Twitter: https://twitter.com/MoneyMstrmind

Facebook: https://facebook.com/MoneyMastermindShow/

Google +: https://plus.google.com/+MoneyMastermindShow/

YouTube: https://www.youtube.com/user/moneymastermindshow

Follow hashtag: #moneymastermindshow on Twitter every week during or after the show, or send your questions tagged with that hashtag.

The holiday season is upon us, but what happens when you run into a financial emergency? Did you spend too much on gifts? Are you still scrambling to find last-minute frugal gift and entertaining ideas? Is an unexpected emergency room visit straining your finances? What can you do when your holiday threatens to be less than happy?

We'll discuss some of the difficulties that come with the holiday season — or that can arise during any financial emergency. We'll look at some of the last-minute solutions to your last-minute holiday financial problems, and talk about what you can do to prevent it from happening again.

https://moneymastermindshow.com/episode30-how-to-avoid-a-holiday-financial-disaster/

Some facts and important questions discussed in this episode:

• Shoppers around the country say they are planning to spend an average of $861 for gifts this holiday season, up from $801 last year.
• A Bank of Montreal survey shows Canadians polled expected to spend an average of $1,517 on holiday spending.
• Time.com reported that only 13% of consumers actually save money throughout the year in anticipation of the holiday season.
• Is having a budget an important part to surviving the Christmas holiday?
• Is it important to plan your Christmas spending, up to a year ahead?
• Has the focus of Christmas become too commercialized? Should we be calling it "Giftmas" instead of "Christmas"?
• How can we put the focus of the holiday season back on the giving, and put less emphasis on getting?

Panelists In This Episode:

• Special Guest: Phil Taylor | PT Money
• Special Guest: Kraig Mathias | Create My Independence
• Special Guest: Matt Giovanisci | MattGiovanisci.com
• Special Guest: Joe Saul-Sehy | Stacking Benjamins
• Special Guest: Harlan Landes | Harlan on Twitter
• Glen Craig | Free From Broke
• Kyle Prevost | Young and Thrifty
• Miranda Marquit | Planting Money Seeds
• Peter Anderson | Bible Money Matters
• Tom Drake | MapleMoney