Money Mastermind Show

His personal finance expertise and online success might only be surpassed by his knowledge of all things Comic Con… the one and only J.D. Roth lets us in on how he has created the lifestyle he desired from very inauspicious personal finance beginnings. Join us as J.D. details how he went from "peak materialism" to one of the most widely-read personal finance bloggers in the business.

https://moneymastermindshow.com/episode24-how-to-create-the-lifestyle-you-want/

Some important questions discussed in this episode:

• Where does your identity come from and what do you truly value in life?
• What is "peak materialism" and how will you know if you hit it?
• How do we help others understand why this whole personal finance things is important?
• Why is Peter dropping the following Mark Twain-sourced wisdom on us? "Let us endeavor so to live that when we come to die even the undertaker will be sorry."
• What is de-cluttering and why does it make you feel so good?

Panelists In This Episode:

• Special Guest: J.D. Roth | http://jdroth.com
• Glen Craig | Free From Broke
• Kyle Prevost | Young and Thrifty
• Miranda Marquit | Planting Money Seeds
• Peter Anderson | Bible Money Matters
• Tom Drake | MapleMoney

His personal finance expertise and online success might only be surpassed by his knowledge of all things Comic Con... the one and only JD Roth lets us in on how he has created the lifestyle he desired from very inauspicious personal finance beginnings. Join us as JD details how he went from "peak materialism" to one of the most widely-read personal finance bloggers in the business.

Show Notes: http://moneymastermindshow.com/episode24/

Some important questions discussed in this episode:

Where does your identity come from and what do you truly value in life?

What is "peak materialism" and how will you know if you hit it?

How do we help others understand why this whole personal finance things is important?

Why is Peter dropping the following Mark Twain-sourced wisdom on us? "Let us endeavor so to live that when we come to die even the undertaker will be sorry."

What is de-cluttering and why does it make you feel so good?

Important Links Referenced in This Episode

JD's "legacy site": Get Rich Slowly

Paula Pant writes at Afford Anything

A Million Miles in a Thousand Years - Donald Miller

Ron Lieber can be found at the New York Times

JD's soul mate: Mr. Money Mustache

Preet Banerjee is who Kyle blatantly steals 43% of his material from

How People Change - Allen Wheelis

The Road Less Traveled - Scott Peck

Ramit Sethi is sort of a big deal in personal finance circles

Panelists In This Episode:

Special Guest: JD Roth | http://jdroth.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.

Ahh, retirement! Seems like a wonderful place to be. But if we don't figure out the number we need to aim for in retirement then it might not be as fun as we'd like. Join us and our special guest Todd Tresidder of FinancialMentor.com as we discuss retirement and how to figure out your retirement number.

https://moneymastermindshow.com/episode23-whats-your-retirement-number/

Some important points from this episode:

• When Social Security was implemented, the average life expectancy was 65. It's no secret why the age was set at 65. It was never intended to be a perpetual retirement system
• For a couple that retires healthy at age 65, they can expect at least one spouse to live into their 90s. It can be tough to amortize assets over a 30 year period like that.
• A cash flow model for retirement income is a necessity for many people.

Panelists In This Episode:

• Special Guest: Todd Tresidder | http://financialmentor.com
• Glen Craig | Free From Broke
• Kyle Prevost | Young and Thrifty
• Miranda Marquit | Planting Money Seeds
• Peter Anderson | Bible Money Matters
• Tom Drake | MapleMoney

Ahh, retirement! Seems like a wonderful place to be. But if we don't figure out the number we need to aim for in retirement then it might not be as fun as we'd like. Join us and our special guest Todd Tresidder of FinancialMentor.com as we discuss retirement and how to figure out your retirement number.

Show Notes: http://moneymastermindshow.com/episode23/

Some important points from this episode:

When Social Security was implemented, the average life expectancy was 65. It's no secret why the age was set at 65. It was never intended to be a perpetual retirement system

For a couple that retires healthy at age 65, they can expect at least one spouse to live into their 90s. It can be tough to amortize assets over a 30 year period like that.

A cash flow model for retirement income is a necessity for many people.

Links, Tools, and Programs To Help You Figure Out Your Retirement Number

Financial Mentor

Panelists In This Episode:

Special Guest: Todd Tresidder | http://financialmentor.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.

Before you can invest and become a millionaire or even before you can begin to tackle those debt problems you got yourself into, you first have to master the fundamentals of personal finance (channeling my old basketball coach tonight apparently) and that means learning how to manage your cash flow. Tech innovator Ram Palaniappan is in the Money Mastermind house this week to share with us some cashflow insights he has gained in the process of creating his new tech-friendly lending start up. Join us as we put an new spin on some old school ideas that have proven their worth over time.

https://moneymastermindshow.com/episode22-understanding-the-importance-of-cash-flow/

Some important insights discussed in this episode:

• Americans spend more on overdraft fees than fresh vegetables every year ($32 billion) – are you part of this statistic?
• Payday loans are such a highly profitable business that there are more payday loan locations in the USA than Starbucks and McDonald's combined.
• Why managing your cashflow might be the most important aspect of personal finance.
• What's the difference between managing your cashflow and budgeting?
• What tools are there out there that can help you manage your cashflow?
• Cashflow isn't just about managing your "outflows" or "outputs", but analyzing your inputs as well.

Panelists In This Episode:

• Special Guest: Ram Palaniappan | Active Hours
• Glen Craig | Free From Broke
• Kyle Prevost | Young and Thrifty
• Miranda Marquit | Planting Money Seeds
• Peter Anderson | Bible Money Matters
• Tom Drake | MapleMoney

Before you can invest and become a millionaire or even before you can begin to tackle those debt problems you got yourself into, you first have to master the fundamentals of personal finance (channeling my old basketball coach tonight apparently) and that means learning how to manage your cash flow. Tech innovator Ram Palaniappan is in the Money Mastermind house this week to share with us some cashflow insights he has gained in the process of creating his new tech-friendly lending start up. Join us as we put an new spin on some old school ideas that have proven their worth over time.

Show Notes: http://moneymastermindshow.com/episode22/

Some important insights discussed in this episode:

Americans spend more on overdraft fees than fresh vegetables every year ($32 billion) - are you part of this statistic?

Payday loans are such a highly profitable business that there are more payday loan locations in the USA than Starbucks and McDonald's combined.

Why managing your cashflow might be the most important aspect of personal finance.

What's the difference between managing your cashflow and budgeting?

What tools are there out there that can help you manage your cashflow?

Cashflow isn't just about managing your "outflows" or "outputs", but analyzing your inputs as well.

Links To Help You Manage Your Cashflow

Rich Dad Poor Dad by Robert Kiyosaki

YNAB

MoneyDance

Make some money on the side with Uber, Air BnB, or Lyft

Panelists In This Episode:

Special Guest: Ram Palaniappan | Active Hours https://activehours.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.

Using a coach seems to work for Serena Williams, Peyton Manning, and LeBron James amongst others, so maybe there is something to this whole life coach/financial planner thing. Andrea Travillian brings her unique approach of holistic life solutions to our money-centered show and explains how financial solutions should be a working part of your overall plan. If you find yourself struggling to gain traction on the road to your the future you had envisioned, tune in to see if a life plan might be the answer you've been looking for.

https://moneymastermindshow.com/episode21-why-you-need-a-life-plan/

Some important questions discussed in this episode:

• How is a life plan different from a financial plan? Do I need one if I have the other?
• Everyone knows they should set goals, but does that actually work?
• When should I start using a life plan?
• Do I really need a life coach or another specialist to help me plan things?

Panelists In This Episode:

• Special Guest: Andrea Travillian | Take a Smart Step
• Glen Craig | Free From Broke
• Kyle Prevost | Young and Thrifty
• Miranda Marquit | Planting Money Seeds
• Peter Anderson | Bible Money Matters
• Tom Drake | MapleMoney

Using a coach seems to work for Serena Williams, Peyton Manning, and LeBron James amongst others, so maybe there is something to this whole life coach/financial planner thing. Andrea Travillian brings her unique approach of holistic life solutions to our money-centered show and explains how financial solutions should be a working part of your overall plan. If you find yourself struggling to gain traction on the road to your the future you had envisioned, tune in to see if a life plan might be the answer you've been looking for.

Show Notes: http://moneymastermindshow.com/episode21/

Some important questions discussed in this episode:

How is a life plan different from a financial plan? Do I need one if I have the other?

Everyone knows they should set goals, but does that actually work?

When should I start using a life plan?

Do I really need a life coach or another specialist to help me plan things?

Links To Help You With Your Planning

Andrea's Plan for You

Peter Likes Michael Hyatt's Life Plan Ideas and thoughts on How to Avoid Drifting Away From Your Goals

How to write a life plan, the GPS for your envisioned future.

Panelists In This Episode:

Special Guest: Andrea Travillian | Take a Smart Step http://www.takeasmartstep.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.

KC Beavers from GenX Finance built a million dollar net worth by age 30… and that's not even taking into consideration the fact he was donating 10% of his income every year and was responsible for a relatively large family as well! KC and the MMS panel aren't selling any get-rich-quick courses or programs, they just want to help you reach your financial goals – if that includes a million dollars then all the better!

https://moneymastermindshow.com/episode20-how-to-become-a-millionaire/

Some important questions discussed in this episode:

• Aren't most millionaires born rich?
• How much money do I have to save to be a millionaire by __?
• What do millionaires have to say about becoming a millionaire?
• Is there anything special I can do to increase my chances of becoming a millionaire?
• If my house is worth a lot of money does that mean I'm a millionaire?
• Do millionaires like to donate or keep all their cash for themselves?
• Is there somewhere I can live that will help reach a million?

Panelists In This Episode:

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

KC Beavers from GenXFinance.com built a million dollar net worth by age 30... and that's not even taking into consideration the fact he was donating 10% of his income every year and was responsible for a relatively large family as well! KC and the MMS panel aren't selling any get-rich-quick courses or programs, they just want to help you reach your financial goals - if that includes a million dollars then all the better!

Show notes: http://moneymastermindshow.com/episode20/

Some important questions discussed in this episode:

Aren't most millionaires born rich?

How much money do I have to save to be a millionaire by __?

What do millionaires have to say about becoming a millionaire?

Is there anything special I can do to increase my chances of becoming a millionaire?

If my house is worth a lot of money does that mean I'm a millionaire?

Do millionaires like to donate or keep all their cash for themselves?

Is there somewhere I can live that will help reach a million?

Links To Help You On Your Millionaire Quest

The Millionaire Next Door by Thomas J. Stanley

Compare your lifestyle to Warren Buffett's

Peter explains how to build your nest egg by "playing defense"

What will your money be worth in 30 years?

How To Become A Millionaire: How Even An Average Income Can Lead To A Million Dollars Saved

Panelists In This Episode:

Special Guest: KC Beavers | GenX Finance

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.