Real Money Talks

Growing up, your parents probably gave you an allowance each week. Perhaps if you cleaned your room or washed the dishes every night, you’d earn five or ten bucks. On today’s episode, I want to share with you why you should not give your kids an allowance, what you should be doing instead in order to truly prepare them for their future, and how you can begin teaching them financial literacy at a very early age.

There’s huge benefits to helping your child get set up financially earlier, rather than later.

In This Episode of Real Money Talks:

• Teaching your kids that certain things are worth more than others.
• How to figure out – together – the tasks they can do, the things they want to do, and the things you need done.
• Creating a “contract” or agreement with your child.
• Giving incentives or bonuses.
• Developing an insurance policy.
• Teaching older children to leverage the time of others.
• Creating forecasts and budgets with your child.

Loral’s 6 Steps to Teaching Your Child Financial Literacy:

1. Come up with a list.
2. Put a price on each task.
3. Put an agreement into place.
4. Have regular “meetings.”
5. Add insurance.
6. Add leverage.

Subscribe, Rate & Share Real Money Talks!   

Loral Langemeier is on a mission – to educate and empower the Real Money Talks community on how to have those important money talks that are straight, to the point, and can be applied to every aspect of your life. So, tune in every Monday, Wednesday, and Friday on iTunes to learn, ask Loral a question, and create your path to financial freedom! Don’t forget to leave a review and grab your free gifts on AskLoral.com!   

Growing up, your parents probably gave you an allowance each week. Perhaps if you cleaned your room or washed the dishes every night, you’d earn five or ten bucks. On today’s episode, I want to share with you why you should not give your kids an allowance, what you should be doing instead in order to truly prepare them for their future, and how you can begin teaching them financial literacy at a very early age.

There’s huge benefits to helping your child get set up financially earlier, rather than later.

In This Episode of Real Money Talks:

• Teaching your kids that certain things are worth more than others.
• How to figure out – together – the tasks they can do, the things they want to do, and the things you need done.
• Creating a “contract” or agreement with your child.
• Giving incentives or bonuses.
• Developing an insurance policy.
• Teaching older children to leverage the time of others.
• Creating forecasts and budgets with your child.

Loral’s 6 Steps to Teaching Your Child Financial Literacy:

1. Come up with a list.
2. Put a price on each task.
3. Put an agreement into place.
4. Have regular “meetings.”
5. Add insurance.
6. Add leverage.

Subscribe, Rate & Share Real Money Talks!   

Loral Langemeier is on a mission – to educate and empower the Real Money Talks community on how to have those important money talks that are straight, to the point, and can be applied to every aspect of your life. So, tune in every Monday, Wednesday, and Friday on iTunes to learn, ask Loral a question, and create your path to financial freedom! Don’t forget to leave a review and grab your free gifts on AskLoral.com!   

005 You Need a System to Become a Millionaire

A lot of people overthink the process of becoming a millionaire. Many people believe that to become a millionaire, you have to be born into the millionaire society or “just got lucky.” I’m here to tell you that’s not the case! In fact, becoming a millionaire and making money is just a system.

On today’s episode, I’m going to share with you my 7-point Millionaire Maker system that has helped hundreds – if not thousands – of people from all walks of life become self-made millionaires in as little as three to five years.

Take control of the wheel of your life called finance. Let’s get it going.

Loral’s 7-Point System to Becoming a Millionaire:

1. Your relationship to money:

• Do you have “Yes Energy?”

1. Know where you are:

• Know your starting point
• Know your P&L’s and balance sheets
• Know your income cashflow and expenses
• Know your assets, liability, and net worth

1. Have a Freedom Day:

• Your Freedom Day is based on monthly cashflow
• Decide how much money you want to make each month this year

1. Your relationship to debt:

• It’s not about “bad debt”
• “Good debt” is debt you can leverage

1. Keep your money:

• Companies make money, individuals get taxed
• Get incorporated

1. Your money needs to make money:

• Invest your money wisely

1. Do it with a team:

• Be a “team-made millionaire”

Mentioned in this episode:

• The Millionaire Maker: Act, Think and Make Money the Way the Wealthy Do book
• YES! Energy book

Subscribe, Rate & Share Real Money Talks!   

Loral Langemeier is on a mission – to educate and empower the Real Money Talks community on how to have those important money talks that are straight, to the point, and can be applied to every aspect of your life. So, tune in every Monday, Wednesday, and Friday on iTunes to learn, ask Loral a question, and create your path to financial freedom! Don’t forget to leave a review and grab your free gifts on AskLoral.com!   

005 You Need a System to Become a Millionaire

A lot of people overthink the process of becoming a millionaire. Many people believe that to become a millionaire, you have to be born into the millionaire society or “just got lucky.” I’m here to tell you that’s not the case! In fact, becoming a millionaire and making money is just a system.

On today’s episode, I’m going to share with you my 7-point Millionaire Maker system that has helped hundreds – if not thousands – of people from all walks of life become self-made millionaires in as little as three to five years.

Take control of the wheel of your life called finance. Let’s get it going.

Loral’s 7-Point System to Becoming a Millionaire:

1. Your relationship to money:

• Do you have “Yes Energy?”

1. Know where you are:

• Know your starting point
• Know your P&L’s and balance sheets
• Know your income cashflow and expenses
• Know your assets, liability, and net worth

1. Have a Freedom Day:

• Your Freedom Day is based on monthly cashflow
• Decide how much money you want to make each month this year

1. Your relationship to debt:

• It’s not about “bad debt”
• “Good debt” is debt you can leverage

1. Keep your money:

• Companies make money, individuals get taxed
• Get incorporated

1. Your money needs to make money:

• Invest your money wisely

1. Do it with a team:

• Be a “team-made millionaire”

Mentioned in this episode:

• The Millionaire Maker: Act, Think and Make Money the Way the Wealthy Do book
• YES! Energy book

Subscribe, Rate & Share Real Money Talks!   

Loral Langemeier is on a mission – to educate and empower the Real Money Talks community on how to have those important money talks that are straight, to the point, and can be applied to every aspect of your life. So, tune in every Monday, Wednesday, and Friday on iTunes to learn, ask Loral a question, and create your path to financial freedom! Don’t forget to leave a review and grab your free gifts on AskLoral.com!   

In our last episode, we talked about what it means to have a revenue producing day. The only way to have a revenue producing day is by getting money from someone else and to do this, you must get clear on what you can do to serve someone else. As harsh as it sounds – it’s true. Once you’ve figured out what you can do to serve someone else, how do you plan to see the results you desire?

You must learn to “Ask, Tell, Ask.”

On today’s episode, I’m going to share with you the secret behind my “Ask, Tell, Ask,” system and the exact steps you need to take to put this system into place to have a revenue producing day – everyday!

Asking questions is more powerful than telling.

 In This Episode of Real Money Talks:

• What is the “Ask, Tell, Ask” process and how to make it work for you.
• How to handle pricing reservations.
• If you want a “money muscle,” you have to give it attention and training so it can grow.
• Why you should time block your life.
• How to handle the standard “I don’t know” response.
• What to do if you don’t offer what someone wants.
• People buy into your confidence.

4 Steps to Loral’s Ask, Tell, Ask System:

• Ask someone how you can serve their life.
• Listen intensely. Be present in the conversation.
• Repeat back to them what they want and how what you have is going to serve them.
• Ask for the money.

Subscribe, Rate & Share Real Money Talks!  

Loral Langemeier is on a mission – to educate and empower the Real Money Talks community on how to have those important money talks that are straight, to the point, and can be applied to every aspect of your life. So, tune in every Monday, Wednesday, and Friday on iTunes to learn, ask Loral a question, and create your path to financial freedom! Don’t forget to leave a review and grab your free gifts on AskLoral.com!  

In our last episode, we talked about what it means to have a revenue producing day. The only way to have a revenue producing day is by getting money from someone else and to do this, you must get clear on what you can do to serve someone else. As harsh as it sounds – it’s true. Once you’ve figured out what you can do to serve someone else, how do you plan to see the results you desire?

You must learn to “Ask, Tell, Ask.”

On today’s episode, I’m going to share with you the secret behind my “Ask, Tell, Ask,” system and the exact steps you need to take to put this system into place to have a revenue producing day – everyday!

Asking questions is more powerful than telling.

 In This Episode of Real Money Talks:

• What is the “Ask, Tell, Ask” process and how to make it work for you.
• How to handle pricing reservations.
• If you want a “money muscle,” you have to give it attention and training so it can grow.
• Why you should time block your life.
• How to handle the standard “I don’t know” response.
• What to do if you don’t offer what someone wants.
• People buy into your confidence.

4 Steps to Loral’s Ask, Tell, Ask System:

• Ask someone how you can serve their life.
• Listen intensely. Be present in the conversation.
• Repeat back to them what they want and how what you have is going to serve them.
• Ask for the money.

Subscribe, Rate & Share Real Money Talks!  

Loral Langemeier is on a mission – to educate and empower the Real Money Talks community on how to have those important money talks that are straight, to the point, and can be applied to every aspect of your life. So, tune in every Monday, Wednesday, and Friday on iTunes to learn, ask Loral a question, and create your path to financial freedom! Don’t forget to leave a review and grab your free gifts on AskLoral.com!  

Every day, all around the world, people constantly say “I need to make more money.” Whether they are working a full-time 9-5 job, or are working multiple jobs to make ends meet, millions of people need to make more money to live the life of their dreams.

So, how can you utilize the skills you already possess to make more money, improve your financial stability while having the freedom you want and deserve?

By having a revenue producing day.

A revenue producing day is when you are making money every single day. If you want to grow your income by an extra $12,000 – or even $120,000 – you need to sit down, dig deep within yourself, and figure out what skills you possess that can serve your community and grow your income revenue.

On today’s episode, we’re going to talk about what you can do, part-time, to add an extra stream of income to your personal finances, how to make an extra $50 to $500 a day, and what plans and systems you need to develop to help you reach your income goals in 2017.

A system is what creates success – not you.

In This Episode of Real Money Talks:

• How to have a revenue producing day.
• What you need to do to organize, plan, and structure your life to improve your daily revenue.
• My formula to help you determine your daily, weekly, monthly, and yearly income goals.
• Why being extremely intentional with your networking strategies.
• How to network with intention.

Real Money Talks Resources:

• Put More Cash in Your Pocket book by Loral Langemeier

Subscribe, Rate & Share Real Money Talks! 

Loral Langemeier is on a mission – to educate and empower the Real Money Talks community on how to have those important money talks that are straight, to the point, and can be applied to every aspect of your life. So, tune in every Monday, Wednesday and Friday on iTunes to learn, ask Loral a question, and create your path to financial freedom! Don’t forget to leave a review and grab your free gifts on AskLoral.com! 

Every day, all around the world, people constantly say “I need to make more money.” Whether they are working a full-time 9-5 job, or are working multiple jobs to make ends meet, millions of people need to make more money to live the life of their dreams.

So, how can you utilize the skills you already possess to make more money, improve your financial stability while having the freedom you want and deserve?

By having a revenue producing day.

A revenue producing day is when you are making money every single day. If you want to grow your income by an extra $12,000 – or even $120,000 – you need to sit down, dig deep within yourself, and figure out what skills you possess that can serve your community and grow your income revenue.

On today’s episode, we’re going to talk about what you can do, part-time, to add an extra stream of income to your personal finances, how to make an extra $50 to $500 a day, and what plans and systems you need to develop to help you reach your income goals in 2017.

A system is what creates success – not you.

In This Episode of Real Money Talks:

• How to have a revenue producing day.
• What you need to do to organize, plan, and structure your life to improve your daily revenue.
• My formula to help you determine your daily, weekly, monthly, and yearly income goals.
• Why being extremely intentional with your networking strategies.
• How to network with intention.

Real Money Talks Resources:

• Put More Cash in Your Pocket book by Loral Langemeier

Subscribe, Rate & Share Real Money Talks! 

Loral Langemeier is on a mission – to educate and empower the Real Money Talks community on how to have those important money talks that are straight, to the point, and can be applied to every aspect of your life. So, tune in every Monday, Wednesday and Friday on iTunes to learn, ask Loral a question, and create your path to financial freedom! Don’t forget to leave a review and grab your free gifts on AskLoral.com! 

Applying for a business entity is incredibly important – not only for your business, but also to protect you, your loved ones, and your personal assets. So, it’s important to understand what each entity does and to choose the one that best fits your business. With so many corporate entities available in the United States, many new business owners can get frustrated and confused trying to pick the right one for their business model.

Should you simply stick with an LLC. – or is a C-Corp entity a better choice? What benefits are the benefits of each type of entity? And, how exactly do you use a corporate entity to protect yourself and your assets?

Today, I’m going to explain the importance of establishing yourself as a business entity, how to determine which one is right for you, what each one protects, and how you can use it in your business – and your life.

Why make money as an individual when the benefit is being a company.

In this episode, you’ll learn:

• How to choose the correct entity for your business – and your investments.
• What are “pass-through” entities?
• The benefits you receive from an LLC., L.P., C-Corp, and S-Corp entity.
• Why you need a trust.
• Why you need business insurance.

Loral Langemeier’s Tax Tips:

• As a business, if you have a designated home office, you can write off that portion of your house on your taxes.
• As a business, any services, products, or supplies – including house cleaning and some clothing – can be used as a tax deduction.

Subscribe, Rate & Share Real Money Talks! 

Loral Langemeier is on a mission – to educate and empower the Real Money Talks community on how to have those important money talks that are straight, to the point, and can be applied to every aspect of your life. So, tune in every Monday, Wednesday and Friday on iTunes to learn, ask Loral a question, and create your path to financial freedom! Don’t forget to leave a review and grab your free gifts on AskLoral.com! 

Applying for a business entity is incredibly important – not only for your business, but also to protect you, your loved ones, and your personal assets. So, it’s important to understand what each entity does and to choose the one that best fits your business. With so many corporate entities available in the United States, many new business owners can get frustrated and confused trying to pick the right one for their business model.

Should you simply stick with an LLC. – or is a C-Corp entity a better choice? What benefits are the benefits of each type of entity? And, how exactly do you use a corporate entity to protect yourself and your assets?

Today, I’m going to explain the importance of establishing yourself as a business entity, how to determine which one is right for you, what each one protects, and how you can use it in your business – and your life.

Why make money as an individual when the benefit is being a company.

In this episode, you’ll learn:

• How to choose the correct entity for your business – and your investments.
• What are “pass-through” entities?
• The benefits you receive from an LLC., L.P., C-Corp, and S-Corp entity.
• Why you need a trust.
• Why you need business insurance.

Loral Langemeier’s Tax Tips:

• As a business, if you have a designated home office, you can write off that portion of your house on your taxes.
• As a business, any services, products, or supplies – including house cleaning and some clothing – can be used as a tax deduction.

Subscribe, Rate & Share Real Money Talks! 

Loral Langemeier is on a mission – to educate and empower the Real Money Talks community on how to have those important money talks that are straight, to the point, and can be applied to every aspect of your life. So, tune in every Monday, Wednesday and Friday on iTunes to learn, ask Loral a question, and create your path to financial freedom! Don’t forget to leave a review and grab your free gifts on AskLoral.com!