Paying off debt is definitely the most difficult part of the Financial Action Plan that I have made for you all. When doing so, you need to have a method that is effective and will allow you to be motivated about and confident in your ability to pay off all your debt in a timely fashion. In order to do this, you should employ the debt snowball method: paying off debts from lowest amount to highest amount. You may think that interest rate ranking, or the debt avalanche method, is the best way to go about debt repayment, but it lacks in its ability to create successful financial behaviors that will truly get you to long-term financial success. Today, we will discuss:

1. What the debt snowball and debt avalanche methods are

2. Why the debt snowball method works

3. Why paying off debt efficiently is important in your financial plan

Begin your path to financial freedom today: https://www.youtube.com/channel/UCjyCApAbHBN0Jtw5bAehbRg?sub_confirmation=1

Don’t forget to like, subscribe, and leave comments below as I would love your feedback. Be sure to check out my website (www.mnowithdylan.com) where you can get more information on my financial coaching services and more, the podcast of these shows if you are more of a listener than a watcher, and follow the show on any social media outlet (FB, Twitter, & Instagram) @mnowithdylan (Money’s No Object with Dylan Howell) [All links in description]. Tune in later today for a discussion of your mortgage and how mortgage debt is different from other debts. Don’t forget to check-in every weekday (Monday-Friday) for new videos which will be uploaded each day at 6 a.m. CDT. Thank you, guys, for tuning into this episode of Money’s No Object. I’m Dylan Howell. God Bless!

Website: https://www.mnowithdylan.com/

Financial Coaching Information: https://www.mnowithdylan.com/workwithdylan/

Facebook: https://www.facebook.com/mnowithdylan/

Instagram Page: https://www.instagram.com/mnowithdylan/

Twitter: https://twitter.com/mnowithdylan

(Please keep in mind that I am not a financial advisor. I create these videos for educational purposes only. You and only you are responsible for the investment decisions that you make.)

The credit card is one of the most used and most dangerous financial products that there are. People use credit cards in a multitude of ways and for a multitude of reasons, many of which being ways and reasons that are not financially healthy. There is an entire group of people who want to use a credit card like a debit card in order to get the maximum benefit from the credit card. This can be one of the best ways to build up rewards and credit or one of the worst ways to use any financial instrument as it could leave you with high interest debt. Credit cards are not for those who are too financially irresponsible to handle them, but that's a risk you must be willing to decide on. Today, we will discuss:

1. Reasons people use credit cards

2. The most common questions and myths surrounding credit cards

3. What responsible use of a credit card does and does NOT look like

4. Whether we should use credit cards like debt cards

Begin your path to financial freedom today: https://www.youtube.com/channel/UCjyCApAbHBN0Jtw5bAehbRg?sub_confirmation=1

Don’t forget to like, subscribe, and leave comments below as I would love your feedback. Be sure to check out my website (www.mnowithdylan.com) where you can get more information on my financial coaching services and more, the podcast of these shows if you are more of a listener than a watcher, and follow the show on any social media outlet (FB, Twitter, & Instagram) @mnowithdylan (Money’s No Object with Dylan Howell) [All links in description]. Tune in tomorrow as we talk about the debt snowball method and why we focus on debt amount and not interest rate primarily in repayment. Don’t forget to check-in every weekday (Monday-Friday) for new videos which will be uploaded each day at 6 a.m. CDT. Thank you, guys, for tuning into this episode of Money’s No Object. I’m Dylan Howell. God Bless!

Website: https://www.mnowithdylan.com/

Financial Coaching Information: https://www.mnowithdylan.com/workwithdylan/

Facebook: https://www.facebook.com/mnowithdylan/

Instagram Page: https://www.instagram.com/mnowithdylan/

Twitter: https://twitter.com/mnowithdylan

(Please keep in mind that I am not a financial advisor. I create these videos for educational purposes only. You and only you are responsible for the investment decisions that you make.)

Debt is so deeply embedded into our society that we rarely take a moment to look objectively at how crazy we get with money so readily available in the way of debt. It is absolutely crazy to think of some of things that people take out debt for, but that is exactly what we will be doing in this episode. By doing this, it will become abundantly clear as to how normalized debt is in our society and how people will put there wants ahead of their needs in very extreme ways. It is a fun exercise to take on, but it is also very eye-opening as to how crazy people get with money that is far too easily attainable. We will discuss:

1. Why I have a general no debt policy

2. How debt impacts our lives

3. All the weird things that Americans have borrowed money to purchase

Begin your path to financial freedom today: https://www.youtube.com/channel/UCjyCApAbHBN0Jtw5bAehbRg?sub_confirmation=1

Don’t forget to like, subscribe, and leave comments below as I would love your feedback. Be sure to check out my website (www.mnowithdylan.com) where you can get more information on my financial coaching services and more, the podcast of these shows if you are more of a listener than a watcher, and follow the show on any social media outlet (FB, Twitter, & Instagram) @mnowithdylan (Money’s No Object with Dylan Howell) [All links in description]. Tune in later today for a discussion of whether or not we should be using credit cards like debit cards. Don’t forget to check-in every weekday (Monday-Friday) for new videos which will be uploaded each day at 6 a.m. CDT. Thank you, guys, for tuning into this episode of Money’s No Object. I’m Dylan Howell. God Bless!

Website: https://www.mnowithdylan.com/

Financial Coaching Information: https://www.mnowithdylan.com/workwithdylan/

Facebook: https://www.facebook.com/mnowithdylan/

Instagram Page: https://www.instagram.com/mnowithdylan/

Twitter: https://twitter.com/mnowithdylan

(Please keep in mind that I am not a financial advisor. I create these videos for educational purposes only. You and only you are responsible for the investment decisions that you make.)

It is amazing to me how much I hear about how if you get the chance to borrow at low rates, and specifically at zero percent, that you should do it every time. I, obviously, do not subscribe to this ideology. I explain in this episode why the idea of zero percent borrowing is not all it is cracked up to be and how it can cause us to make irresponsible purchases. No matter what the car manufacturer, credit card company, or furniture store offers you, know that they are not in the business of losing money, so you ARE NOT beating them on their financing deals. We will discuss:

1. What borrowing at zero percent means

2. The reasons borrowing at zero percent is bad

3. How going into debt, with or without and interest rate, does not get you closer to financial freedom

Begin your path to financial freedom today: https://www.youtube.com/channel/UCjyCApAbHBN0Jtw5bAehbRg?sub_confirmation=1

Don’t forget to like, subscribe, and leave comments below as I would love your feedback. Be sure to check out my website (www.mnowithdylan.com) where you can get more information on my financial coaching services and more, the podcast of these shows if you are more of a listener than a watcher, and follow the show on any social media outlet (FB, Twitter, & Instagram) @mnowithdylan (Money’s No Object with Dylan Howell) [All links in description]. Tune in tomorrow to hear about some of the absurd things that people choose to finance and why you should never consider trying these out. Don’t forget to check-in every weekday (Monday-Friday) for new videos which will be uploaded each day at 6 a.m. CDT. Thank you, guys, for tuning into this episode of Money’s No Object. I’m Dylan Howell. God Bless!

Website: https://www.mnowithdylan.com/

Financial Coaching Information: https://www.mnowithdylan.com/workwithdylan/

Facebook: https://www.facebook.com/mnowithdylan/

Instagram Page: https://www.instagram.com/mnowithdylan/

Twitter: https://twitter.com/mnowithdylan

(Please keep in mind that I am not a financial advisor. I create these videos for educational purposes only. You and only you are responsible for the investment decisions that you make.)

Protecting what you have financially requires some wise moves on your part. At the foundation of just about everything that you should do to win financially, in the long-term is the idea of living below your means or living on less than you make. In order to follow my Financial Action Plan and attain financial freedom, you have to create margin in your financial life, and the paycheck-to-paycheck mentality must be thrown out the window. Until it is, you will be hurting, not protecting, your financial life. Today, we will discuss:

1. What it means to live below your means

2. How living below your means is at the center of every part of the Financial Action Plan

3. How living below your means is the best way to be financially free

Begin your path to financial freedom today: https://www.youtube.com/channel/UCjyCApAbHBN0Jtw5bAehbRg?sub_confirmation=1

Don’t forget to like, subscribe, and leave comments below as I would love your feedback. Be sure to check out my website (www.mnowithdylan.com) where you can get more information on my financial coaching services and more, the podcast of these shows if you are more of a listener than a watcher, and follow the show on any social media outlet (FB, Twitter, & Instagram) @mnowithdylan (Money’s No Object with Dylan Howell) [All links in description]. Tune in Monday to talk about a very appealing way to take out debt that may not be as good for you as you think. Don’t forget to check-in every weekday (Monday-Friday) for new videos which will be uploaded each day at 6 a.m. CDT. Thank you, guys, for tuning into this episode of Money’s No Object. I’m Dylan Howell. God Bless!

Website: https://www.mnowithdylan.com/

Financial Coaching Information: https://www.mnowithdylan.com/workwithdylan/

Facebook: https://www.facebook.com/mnowithdylan/

Instagram Page: https://www.instagram.com/mnowithdylan/

Twitter: https://twitter.com/mnowithdylan

(Please keep in mind that I am not a financial advisor. I create these videos for educational purposes only. You and only you are responsible for the investment decisions that you make.)

Let the record show that I AM NOT against financial advisors. I believe that they can serve a vital role in society when it comes to increasing financial literacy. That said, there are a lot of things that advisors do and there are a lot of things that people allow their advisors to do that should NOT be the case, and these things do not make for long-term financial success. Financial advisors can be a source of much knowledge and assistance with tricky financial concepts, but they can also be a trap for your money where you never get out of them what you should. Today, we will discuss:

1. What financial advisors should be

2. How financial advisors can hurt you financially

3. How you can protect your finances from an unhealthy relationship with a financial advisor

Begin your path to financial freedom today: https://www.youtube.com/channel/UCjyCApAbHBN0Jtw5bAehbRg?sub_confirmation=1

Don’t forget to like, subscribe, and leave comments below as I would love your feedback. Be sure to check out my website (www.mnowithdylan.com) where you can get more information on my financial coaching services and more, the podcast of these shows if you are more of a listener than a watcher, and follow the show on any social media outlet (FB, Twitter, & Instagram) @mnowithdylan (Money’s No Object with Dylan Howell) [All links in description]. Tune in tomorrow for likely the biggest thing that you can do in order to protect your personal finances over the long-term. Don’t forget to check-in every weekday (Monday-Friday) for new videos which will be uploaded each day at 6 a.m. CDT. Thank you, guys, for tuning into this episode of Money’s No Object. I’m Dylan Howell. God Bless!

Website: https://www.mnowithdylan.com/

Financial Coaching Information: https://www.mnowithdylan.com/workwithdylan/

Facebook: https://www.facebook.com/mnowithdylan/

Instagram Page: https://www.instagram.com/mnowithdylan/

Twitter: https://twitter.com/mnowithdylan

(Please keep in mind that I am not a financial advisor. I create these videos for educational purposes only. You and only you are responsible for the investment decisions that you make.)

In life, it is absolutely necessary to take risks. Some of the risks that we choose to take are good risks with a high change of a positive outcome, and some risks are bad risks with a much higher chance of dragging you down. In our financial lives, we must learn the difference. We have to learn how to take good risks to protect our long-term financial successes. It has been said that the sure thing boat never makes it far from shore, so without some necessary risk-taking, we will be left in a financial situation that is suboptimal, which is not what we want. In this episode, we will discuss:

1. What bad financial risks look like

2. How taking risks can protect your finances

3. The good financial risks that you should take

Begin your path to financial freedom today: https://www.youtube.com/channel/UCjyCApAbHBN0Jtw5bAehbRg?sub_confirmation=1

Don’t forget to like, subscribe, and leave comments below as I would love your feedback. Be sure to check out my website (www.mnowithdylan.com) where you can get more information on my financial coaching services and more, the podcast of these shows if you are more of a listener than a watcher, and follow the show on any social media outlet (FB, Twitter, & Instagram) @mnowithdylan (Money’s No Object with Dylan Howell) [All links in description]. Tune in tomorrow to talk about protecting your finances from overreaching financial advisors. Don’t forget to check-in every weekday (Monday-Friday) for new videos which will be uploaded each day at 6 a.m. CDT. Thank you, guys, for tuning into this episode of Money’s No Object. I’m Dylan Howell. God Bless!

Website: https://www.mnowithdylan.com/

Financial Coaching Information: https://www.mnowithdylan.com/workwithdylan/

Facebook: https://www.facebook.com/mnowithdylan/

Instagram Page: https://www.instagram.com/mnowithdylan/

Twitter: https://twitter.com/mnowithdylan

(Please keep in mind that I am not a financial advisor. I create these videos for educational purposes only. You and only you are responsible for the investment decisions that you make.)

It is crazy to me how rare it is for people to have estate planning documents in place, as simple as the last will and testament. Estate planning documents play a vital role in protecting your finances over the long-term. Creating a unique estate plan is something that EVERY adult should do, and we should not be waiting until we are old or wealthy to do it. None of us want our friends and family to fight over what we leave behind, so having binding legal documents that direct them is key to leaving the legacy you always wanted. We will discuss:

1. Why estate planning is important

2. How estate plans help to protect your finances

3. Steps to creating a good estate plan

4. What estate planning documents you should have in place

Begin your path to financial freedom today: https://www.youtube.com/channel/UCjyCApAbHBN0Jtw5bAehbRg?sub_confirmation=1

Don’t forget to like, subscribe, and leave comments below as I would love your feedback. Be sure to check out my website (www.mnowithdylan.com) where you can get more information on my financial coaching services and more, the podcast of these shows if you are more of a listener than a watcher, and follow the show on any social media outlet (FB, Twitter, & Instagram) @mnowithdylan (Money’s No Object with Dylan Howell) [All links in description]. Tune in tomorrow to learn about good risks that you can take that can actually protect your finances. Don’t forget to check-in every weekday (Monday-Friday) for new videos which will be uploaded each day at 6 a.m. CDT. Thank you, guys, for tuning into this episode of Money’s No Object. I’m Dylan Howell. God Bless!

Website: https://www.mnowithdylan.com/

Financial Coaching Information: https://www.mnowithdylan.com/workwithdylan/

Facebook: https://www.facebook.com/mnowithdylan/

Instagram Page: https://www.instagram.com/mnowithdylan/

Twitter: https://twitter.com/mnowithdylan

(Please keep in mind that I am not a financial advisor. I create these videos for educational purposes only. You and only you are responsible for the investment decisions that you make.)

It is one thing to build a life where you can have long-term financial success, but it is another thing altogether to sustain that success over the long-term. One of the ways in which we can protect our financial lives is through purchasing the correct insurance coverages. Insurance can protect you against different types of tragedy that cannot be done any other way. I want to make sure that you are aware of the types of coverages that are available and can put them in place based on where you are financially. We will discuss:

1. Why you need insurance

2. The types of insurance that are necessary

3. Insurance coverages that may be useful based on where you are financially

Begin your path to financial freedom today: https://www.youtube.com/channel/UCjyCApAbHBN0Jtw5bAehbRg?sub_confirmation=1

Don’t forget to like, subscribe, and leave comments below as I would love your feedback. Be sure to check out my website (www.mnowithdylan.com) where you can get more information on my financial coaching services and more, the podcast of these shows if you are more of a listener than a watcher, and follow the show on any social media outlet (FB, Twitter, & Instagram) @mnowithdylan (Money’s No Object with Dylan Howell) [All links in description]. Tune in tomorrow for a discussion of estate planning documents an how those can help to protect your finances. Don’t forget to check-in every weekday (Monday-Friday) for new videos which will be uploaded each day at 6 a.m. CDT. Thank you, guys, for tuning into this episode of Money’s No Object. I’m Dylan Howell. God Bless!

Website: https://www.mnowithdylan.com/

Financial Coaching Information: https://www.mnowithdylan.com/workwithdylan/

Facebook: https://www.facebook.com/mnowithdylan/

Instagram Page: https://www.instagram.com/mnowithdylan/

Twitter: https://twitter.com/mnowithdylan

(Please keep in mind that I am not a financial advisor. I create these videos for educational purposes only. You and only you are responsible for the investment decisions that you make.)

We live in a right now culture. Very rarely do people want to wait on anything or play the long-game of any kind. This is one of the fatal failures of our society when it comes to our financial wellness. Your personal finances have to be viewed through a long-term lens. You cannot just think about your wants or what will make you feel good in the short-term. You ALWAYS have to sacrifice something to win, and that means that you have to say "NO" to a lot of things along the way. Today, we will discuss:

1. What delayed gratification is

2. Why it is important to say "NO"

3. How the Financial Action Plan is predicated on you delaying gratification and learning to say "NO"

Begin your path to financial freedom today: https://www.youtube.com/channel/UCjyCApAbHBN0Jtw5bAehbRg?sub_confirmation=1

Don’t forget to like, subscribe, and leave comments below as I would love your feedback. Be sure to check out my website (www.mnowithdylan.com) where you can get more information on my financial coaching services and more, the podcast of these shows if you are more of a listener than a watcher, and follow the show on any social media outlet (FB, Twitter, & Instagram) @mnowithdylan (Money’s No Object with Dylan Howell) [All links in description]. Tune in Monday as I start talking about several ways in which we can protect our finances over time. Don’t forget to check-in every weekday (Monday-Friday) for new videos which will be uploaded each day at 6 a.m. CDT. Thank you, guys, for tuning into this episode of Money’s No Object. I’m Dylan Howell. God Bless!

Website: https://www.mnowithdylan.com/

Financial Coaching Information: https://www.mnowithdylan.com/workwithdylan/

Facebook: https://www.facebook.com/mnowithdylan/

Instagram Page: https://www.instagram.com/mnowithdylan/

Twitter: https://twitter.com/mnowithdylan

(Please keep in mind that I am not a financial advisor. I create these videos for educational purposes only. You and only you are responsible for the investment decisions that you make.)