Money Mastermind Show

Creator of the, "The #1 ranked podcast of all-time and history", Matt Giovanisci from Listen, Money Matters joins us to discuss the ins and outs of automating your finances. You might have heard the phrase "pay yourself first" before and thought you might get around to doing that... at some point. We'll explain how you can set up a few automatic transactions that will take care of important financial tasks quick and painlessly while you spend your time and energy doing what you really want to be doing.

Show notes: http://moneymastermindshow.com/episode9/

Remember: There’s Still Time To Win A Kindle Fire HD! – Subscribe & give us a iTunes review and you could win a nice new Kindle Fire HD tablet!

Tips for Automating Your Finances

Some important questions discussed in this episode:

What should I be automating when it comes to my finances?

Are there tools like software programs and apps that can help me automate?

Are there any downsides to automating all of my payments?

What should my first steps be if I'm just starting out?

Should I be using my credit card to make automatic payments?

Links, Tools, and Programs We Use to Help With Automation

YNAB

Mint

Bank

Quizzle

Credit Karma

Betterment

Ally

Capital One 360

ReadyForZero

Tangerine

Moneydance

MyCheckFree

Personal Capital

Simple Bank

Follow Us

Panelists:

For a quick bio of each of our show participants, head on over to our panelists page. http://moneymastermindshow.com/panelists/

Special Guest: Matt Giovanisci | ListenMoneyMatters.com

Glen Craig | FreeFromBroke.com

Kyle Prevost | YoungandThrifty.ca

Miranda Marquit | PlantingMoneySeeds.com

Peter Anderson | BibleMoneyMatters.com

Tom Drake | CanadianFinanceBlog.com

Social Accounts:

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!

iTunes: http://moneymastermindshow.com/itunes/

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!

Creator of the, "The #1 ranked podcast of all-time and history", Matt Giovanisci from Listen, Money Matters joins us to discuss the ins and outs of automating your finances. You might have heard the phrase "pay yourself first" before and thought you might get around to doing that… at some point. We'll explain how you can set up a few automatic transactions that will take care of important financial tasks quick and painlessly while you spend your time and energy doing what you really want to be doing.

https://moneymastermindshow.com/episode9-tips-for-automating-your-finances/

Some important questions discussed in this episode:

• What should I be automating when it comes to my finances?
• Are there tools like software programs and apps that can help me automate?
• Are there any downsides to automating all of my payments?
• What should my first steps be if I'm just starting out?
• Should I be using my credit card to make automatic payments?

Panelists In This Episode:

• Special Guest: Matt Giovanisci | Listen, Money Matters!
• Glen Craig | Free From Broke
• Kyle Prevost | Young and Thrifty
• Miranda Marquit | Planting Money Seeds
• Peter Anderson | Bible Money Matters
• Tom Drake | MapleMoney

Larry Ludwig from Investor Junkie is occupying MMS this week in order to give us his thoughts on the income inequality debate generated by this summer's blockbuster bestseller: Thomas Picketty's Capital In the Twenty-First Century. Any time that a book as long as the Bible that is written by a French economist ends up on coffee tables around the world – you know something interesting has happened. For those of you having flashbacks to boring English classes, have no fear – this isn't a book club – we chat about what you can do claim your spot in a shrinking middle class no matter what the 1% is doing.

https://moneymastermindshow.com/episode8-is-wealth-inequality-systemic-in-our-world/

Some important questions discussed in this episode:

• Is income inequality even a problem? Hasn't it been around forever?
• What has taxation looked like in the past? It can't have changed that much right?
• How does corporate taxation and recent "corporations as people" chatter factor into this whole income inequality debate?
• What do the infamous 1% do to make all their money? (*Hint: They aren't just working more overtime.)
• What steps can you take regardless of what the 1% are doing?

Panelists In This Episode:

• Special Guest: Larry Ludwig | Investor Junkie
• Glen Craig | Free From Broke
• Kyle Prevost | Young and Thrifty
• Miranda Marquit | Planting Money Seeds
• Peter Anderson | Bible Money Matters
• Tom Drake | MapleMoney

Larry Ludwig from Investor Junkie is occupying MMS this week in order to give us his thoughts on the income inequality debate generated by this summer's blockbuster bestseller: Thomas Picketty's Capital In the Twenty-First Century. Any time that a book as long as the Bible that is written by a French economist ends up on coffee tables around the world - you know something interesting has happened. For those of you having flashbacks to boring English classes, have no fear - this isn't a book club - we chat about what you can do claim your spot in a shrinking middle class no matter what the 1% is doing.

Show notes: http://moneymastermindshow.com/episode8/

Remember: There’s Still Time To Win A Kindle Fire HD! – Subscribe & give us a review and you could win a nice new Kindle Fire HD tablet!

Is Wealth Inequality Systemic In Our World?

Key Takeaways From This Episode

Some important questions discussed in this episode:

- Is income inequality even a problem? Hasn't it been around forever?

- What has taxation looked like in the past? It can't have changed that much right?

- How does corporate taxation and recent "corporations as people" chatter factor into this whole income inequality debate?

- What do the infamous 1% do to make all their money? (*Hint: They aren't just working more overtime.)

- What steps can you take regardless of what the 1% are doing?

Links

OECD on inequality.

David Astor from MIT talks about the economic importance of an education.

The fluidity of top income earners in the USA.

Everything you need to know about Thomas Picketty's 700+ page bestselling tome.

George Mason University looks at historical federal tax-to-GDP ratios.

Items Mentioned In This Show

Thomas Picketty's Capital in the 21st Century.

The Executive Summary of Thomas Picketty's Capital in the 21st Century (*It's only 40ish pages so people might actually get through it!)

Follow Us

Panelists:

For a quick bio of each of our show participants, head on over to our panelists page. http://moneymastermindshow.com/panelists/

Special Guest: Larry Ludwig | InvestorJunkie.com

Glen Craig | FreeFromBroke.com

Kyle Prevost | YoungandThrifty.ca

Miranda Marquit | PlantingMoneySeeds.com

Peter Anderson | BibleMoneyMatters.com

Tom Drake | CanadianFinanceBlog.com

Social Accounts:

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!

iTunes: http://moneymastermindshow.com/itunes/

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!

Is our addiction to credit cards and consumer debt really a necessary evil in today's interconnected world - or is there another way? Steve Stewart of MoneyPlanSOS joins us to explain his anti-debt philosophy and what options the average person has if they want to stay away from making expensive debt-related mistakes. Since a few of us on the panel have well-established love affairs with our travel rewards credit cards the conversation should prove lively!

Show notes: http://moneymastermindshow.com/episode7/

Key Takeaways From This Episode

Some important points made in this episode:

Is it even possible to ditch credit cards in today's world if one wanted to?

Peter and Tom bring up some interesting proof of rewards credit cards being tied to higher spending habits.

Will not using credit cards hurt your credit score?

Is it safer to use a credit card than a debit card?

Do your credit cards rewards points fall from the sky or is someone else footing the bill?

Items Mentioned In The Show

Steve likes eCredable.com and what it can do for people who refuse to buy into the credit score game.

Mastercard's zero-liability plans for debit cards.

Canada's credit card addiction as of this year.

See your FICO score today at http://www.myfico.com/

Canada's credit scores are kept by Transunion http://www.transunion.ca/ and Equifax http://www.consumer.equifax.ca/home/en_ca.

Panelists:

For a quick bio of each of our show participants, head on over to our panelists page. http://moneymastermindshow.com/panelists/

Special Guest: Steve Stewart | MoneyPlanSOS.com

Glen Craig | FreeFromBroke.com

Kyle Prevost | YoungandThrifty.ca

Miranda Marquit | PlantingMoneySeeds.com

Peter Anderson | BibleMoneyMatters.com

Tom Drake | CanadianFinanceBlog.com

Social Accounts:

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!

iTunes: http://moneymastermindshow.com/itunes/

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!

Is our addiction to credit cards and consumer debt really a necessary evil in today's interconnected world – or is there another way? Steve Stewart of MoneyPlanSOS joins us to explain his anti-debt philosophy and what options the average person has if they want to stay away from making expensive debt-related mistakes. Since a few of us on the panel have well-established love affairs with our travel rewards credit cards the conversation should prove lively!

https://moneymastermindshow.com/episode7-can-you-get-by-in-life-without-credit/

Some important points made in this episode:

• Is it even possible to ditch credit cards in today's world if one wanted to?
• Peter and Tom bring up some interesting proof of rewards credit cards being tied to higher spending habits.
• Will not using credit cards hurt your credit score?
• Is it safer to use a credit card than a debit card?
• Do your credit cards rewards points fall from the sky or is someone else footing the bill?

Panelists In This Episode:

• Special Guest – Steve Stewart | MoneyPlanSOS
• Glen Craig | Free From Broke
• Kyle Prevost | Young and Thrifty
• Miranda Marquit | Planting Money Seeds
• Peter Anderson | Bible Money Matters
• Tom Drake | MapleMoney

Larry Ludwig from Investor Junkie joins us this week live from his survivalist bunker to discuss the coming financial apocalypse. Our panel shares their thoughts on what a modern meltdown might look like, as well as if we believe it will ultimately be a human-made catastrophe or a product of nature's ever-increasing fury. Ever wondered if you could survive the worst-case scenario? Worry no more as the Money Mastermind Show tells you how to prepare for everything from a government credit collapse to a hurricane.

Show notes: http://moneymastermindshow.com/episode6-financial-apocalypse/

Key Questions From This Episode:

What would a financial apocalypse look like and what are the chances it will happen?

Do we the right attitude about recessions and are they cause for concern?

Are government's doing enough to prevent a possible day of debt reckoning?

Should you change your investing style in consideration of a financial meltdown?

Are there similarities between the increasing amount of natural disasters and the intense financial bubbles we've been seeing over the past few decades?

Theory is all fine and good, but what concrete steps can you take to make sure you're prepared?

Items Mentioned In This Show

Money Mischief: Episodes in Monetary History by Milton Friedman

Costco Emergency Packs

How to Win At Everything by Daniel Kibblesmith and Sam Weiner

Panelists:

For a quick bio of each of our show participants, head on over to our panelists page. http://moneymastermindshow.com/panelists/

Special Guest: Larry Ludwig | Investor Junkie

Glen Craig | FreeFromBroke.com

Kyle Prevost | YoungandThrifty.ca

Miranda Marquit | PlantingMoneySeeds.com

Peter Anderson | BibleMoneyMatters.com

Tom Drake | CanadianFinanceBlog.com

Social Accounts:

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!

Larry Ludwig from Investor Junkie joins us this week live from his survivalist bunker to discuss the coming financial apocalypse. Our panel shares their thoughts on what a modern meltdown might look like, as well as if we believe it will ultimately be a human-made catastrophe or a product of nature's ever-increasing fury. Ever wondered if you could survive the worst-case scenario? Worry no more as the Money Mastermind Show tells you how to prepare for everything from a government credit collapse to a hurricane.

https://moneymastermindshow.com/episode6-are-we-heading-toward-a-financial-apocalypse/

Key Questions From This Episode:

• What would a financial apocalypse look like and what are the chances it will happen?
• Do we the right attitude about recessions and are they cause for concern?
• Are government's doing enough to prevent a possible day of debt reckoning?
• Should you change your investing style in consideration of a financial meltdown?
• Are there similarities between the increasing amount of natural disasters and the intense financial bubbles we've been seeing over the past few decades?
• Theory is all fine and good, but what concrete steps can you take to make sure you're prepared?

Panelists In This Episode:

• Special Guest: Larry Ludwig | Investor Junkie
• 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 stir up a crowd in a hurry? Walk into a room and say, "I think that good parents owe it to their kids to help them pay for college." Rob Carrick – author of How Not to Move Back in with Your Parents and personal finance columnist for the Globe and Mail – joins us to help us sort out the facts and emotions behind financially supporting young adults as they head off to college or university.

https://moneymastermindshow.com/episode5-how-much-should-you-pay-for-kids-college/

Key Takeaways From This Episode

• With rising school costs, is it essential that parents help their children pay for their post-secondary schooling?
• If parents want to financially help their kids, what is an appropriate or ideal amount of help?
• Should putting money away for your child's education take priority over saving for your retirement?
• Is it realistic to assume young adults can still work their way through college or university?
• Is it right attach "strings" or expectations to financial help?
• Why communication about financial realities between parent and child is so important.

Panelists In This Episode:

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

Join us this week as we discuss the high cost of college with noted personal finance expert Rob Carrick. We talk about how much the average university education costs, and discuss just how much parents should pay (or not pay) for their child's college diploma.

Show notes: http://moneymastermindshow.com/episode5/

Key Takeaways From This Episode:

With rising school costs, is it essential that parents help their children pay for their post-secondary schooling?

If parents want to financially help their kids, what is an appropriate or ideal amount of help?

Should putting money away for your child's education take priority over saving for your retirement?

Is it realistic to assume young adults can still work their way through college or university?

Is it right attach "strings" or expectations to financial help?

Why communication about financial realities between parent and child is so important.

Items/Services Mentioned In This Show:

How Not To Move Back In With Your Parents: The Young Person's Guide To Financial Empowerment by Rob Carrick

Panelists:

For a quick bio of each of our show participants, head on over to our panelists page. http://moneymastermindshow.com/panelists/

Special Guest: Rob Carrick | RobCarrick.com

Glen Craig | FreeFromBroke.com

Kyle Prevost | YoungandThrifty.ca

Miranda Marquit | PlantingMoneySeeds.com

Peter Anderson | BibleMoneyMatters.com

Tom Drake | CanadianFinanceBlog.com

Social Accounts:

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!