Money Mastermind Show

We've seen quite a few moments of volatility in stock market during recent months -- including dramatic drops of more than 200 or 300 points. But do you really need to freak out and sell when the stock market goes down?

The reality is that too many people realize losses when they panic and sell while the market is down. Instead of making a terrible decision and locking in your losses, you should step back and examine your options when the stock market goes down.

If you have the right approach, you can ride out a stock market downturn -- or even make some good money if you know how to go bargain hunting.

Show notes: http://moneymastermindshow.com/episode61-stock-market-goes-down/

Important issues discussed in this episode:

Is it really the right time to sell when the stock market goes down?

How can you protect your long-term portfolio during times of volatility?

What are some of the best strategies for sleeping at night as an investor?

When is it time to turn off the TV and ignore the noise?

Panelists In This Episode:

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.

http://moneymastermindshow.com/panelists/

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!

We've seen quite a few moments of volatility in stock market during recent months -- including dramatic drops of more than 200 or 300 points. But do you really need to freak out and sell when the stock market goes down?

The reality is that too many people realize losses when they panic and sell while the market is down. Instead of making a terrible decision and locking in your losses, you should step back and examine your options when the stock market goes down.

If you have the right approach, you can ride out a stock market downturn -- or even make some good money if you know how to go bargain hunting.

https://moneymastermindshow.com/episode61-stock-market-goes-down/

Important issues discussed in this episode:

• Is it really the right time to sell when the stock market goes down?
• How can you protect your long-term portfolio during times of volatility?
• What are some of the best strategies for sleeping at night as an investor?
• When is it time to turn off the TV and ignore the noise?

Panelists In This Episode:

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

Do you feel down about your money situation? You might surprised to know how effective positive thinking for your finances can be.

We chat with the Debt Free Guys about how they turned their financial life around, starting with the stories they told themselves. They also diagnose Miranda's difficulties with positivity following some major life changes.

No, positive thinking alone won't fix your finances. But it can be a good start. Find out how to combine positive thinking for your finances with action to achieve your money goals.

https://moneymastermindshow.com/episode60-positive-thinking-for-your-finances/

Important issues discussed in this episode:

• Could negativity be holding you back from achieving your money goals?
• Is positive thinking for your finances really effective?
• What else do you have to do in order to find success with your financial goals?
• Are there steps you can take to feel more positive and turn your financial life around?
• How can you make the most of what you have?

Panelists In This Episode:

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

Are you constantly trying to update your outdated technology, clothing, and other items? Do you find it takes a lot of money to keep up with these costs?

Michelle Jackson of Shop My Closet joins us to talk about how to save money by giving your old things new shine.

Don't get caught in the trap of discarding old things — and replacing them with new — before all the usefulness is gone. If something looks dull, you can make it shine again with a few simple strategies. We talk about how you to save money when you breathe new life into something older.

https://moneymastermindshow.com/episode59-how-to-save-money-by-making-the-old-seem-new/

Important issues discussed in this episode:

• Do you really have to get rid of something that seems older?
• Is buying something new really the best solution?
• Can you learn how to save money by adopting strategies to reuse?
• What are some of the best ways to make the old seem new?

Panelists In This Episode:

• Special Guest: Michelle Jackson | The Shop My Closet Project
• Glen Craig | Free From Broke
• Kyle Prevost | Young and Thrifty
• Miranda Marquit | Planting Money Seeds
• Peter Anderson | Bible Money Matters
• Tom Drake | MapleMoney

Are you constantly trying to update your outdated technology, clothing, and other items? Do you find it takes a lot of money to keep up with these costs?

Michelle Jackson of Shop My Closet joins us to talk about how to save money by giving your old things new shine.

Don't get caught in the trap of discarding old things -- and replacing them with new -- before all the usefulness is gone. If something looks dull, you can make it shine again with a few simple strategies. We talk about how you to save money when you breathe new life into something older.

Show notes: http://moneymastermindshow.com/episode59-how-to-save-money-by-making-the-old-seem-new/

Important issues discussed in this episode:

Do you really have to get rid of something that seems older?

Is buying something new really the best solution?

Can you learn how to save money by adopting strategies to reuse?

What are some of the best ways to make the old seem new?

Panelists In This Episode:

Special Guest: Michelle Jackson | The Shop My Closet Project

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.

http://moneymastermindshow.com/panelists/

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!

One of the best ways to save money is to not spend it in the first place. Have you ever thought about minimalism? The idea is to live with fewer things in order to have more money for what really matters.

Can minimalism help you save money? Our guest Cait Flanders thinks so. She talks about her year-long shopping ban, frugality, and her own experiments in minimalism.

The rest of our panelists don't think you have to stop buying altogether to save money. Applying minimalist principles can help you save money in various aspects of your life, even if you don't decide to go full-on.

https://moneymastermindshow.com/episode58-minimalism-help-you-save-money/

Important issues discussed in this episode:

• What is minimalism?
• How can minimalism help you save money?
• Do you have to get rid of everything to be a minimalist?
• What are strategies for adapting minimalism for your lifestyle?
• Are there additional strategies to help you save money?

Panelists In This Episode:

• Special Guest: Cait Flanders | Blonde on a Budget
• Glen Craig | Free From Broke
• Kyle Prevost | Young and Thrifty
• Miranda Marquit | Planting Money Seeds
• Peter Anderson | Bible Money Matters
• Tom Drake | MapleMoney

One of the best ways to save money is to not spend it in the first place. Have you ever thought about minimalism? The idea is to live with fewer things in order to have more money for what really matters.

Can minimalism help you save money? Our guest Cait Flanders thinks so. She talks about her year-long shopping ban, frugality, and her own experiments in minimalism.

The rest of our panelists don't think you have to stop buying altogether to save money. Applying minimalist principles can help you save money in various aspects of your life, even if you don't decide to go full-on.

Our panelists have recent experience in moving, so buckle up for an informative show!

Show notes: http://moneymastermindshow.com/episode58-minimalism-help-you-save-money/

Important issues discussed in this episode:

What is minimalism?

How can minimalism help you save money?

Do you have to get rid of everything to be a minimalist?

What are strategies for adapting minimalism for your lifestyle?

Are there additional strategies to help you save money?

Panelists In This Episode:

Special guest: Cait Flanders | http://blondeonabudget.ca/

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.

http://moneymastermindshow.com/panelists/

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!

Moving is expensive, whether you are going across town or across the country. Here's what you need to know how to save money on your next move, from getting the right transportation to making sure all of your belongings are properly packed.

Our panelists have recent experience in moving, so buckle up for an informative show!

https://moneymastermindshow.com/episode57-save-money-next-move/

Important issues discussed in this episode:

• Why is moving so expensive?
• Are there strategies you can employ to reduce the cost of moving?
• What are the different tactics to use when moving across town vs. moving across the country?
• How can you pack your items so that they don't broken in transit?
• What are the latest resources to help you learn how to save money on your next move?

Panelists In This Episode:

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

Are you looking for a little comic relief when it comes to money? In this fun episode featuring the always-entertaining Joe Saul-Sehy, we talk about our funny money stories. Some of the highlights include:

• A couple whose weekly budget included $100 for marijuana
• The hope of winning $25,000, only to be disappointed
• A teenager who managed to (accidentally) mount a car on a brick mailbox
• Two college kids who got stranded in the desert and a $435 tow bill
• The time a few thousand Canadians drank all the beer in a small North Dakota town

These are true funny financial stories from our panelists. If you have your own funny financial stories, we'd love to see them in the comments.

https://moneymastermindshow.com/episode56-funny-financial-stories/

Panelists In This Episode:

• Special guest: Joe Saul-Sehy from Stacking Benjamins
• Glen Craig | Free From Broke
• Kyle Prevost | Young and Thrifty
• Miranda Marquit | Planting Money Seeds
• Peter Anderson | Bible Money Matters
• Tom Drake | MapleMoney

According to TheKnot.com, the average wedding costs more than $30,000. Even more conservative estimates put the average cost of a wedding at more than $20,000. But do you really have to spend that much?

Sandy Smith from Yes, I Am Cheap spent less than $5,000 on her wedding in New York City. She, and the members of our panel, have tips on how to save money on your wedding. You don't need to go into debt to have a great wedding.

Show notes: http://moneymastermindshow.com/episode55/

Important issues discussed in this episode:

Why do people spend so much money on weddings?

What are the least expensive times to plan your wedding?

How can you make the most of today's technology to save money on your wedding?

What are some of the best strategies to save money on your wedding?

Do you really need to spend tens of thousands of a wedding?

Panelists In This Episode:

Special guest: Sandy Smith from Yes, I Am Cheap

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. http://moneymastermindshow.com/panelists/

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!