Ride Your Money Wave

On today's episode, I talk to Angjela about her current financial state and what decisions she should make.  She recently graduated graduate school with a degree in Mechanical Engineering and zero student loan debt.  She accepted a job working for Southwest Airlines but doesn't know what her next financial step should be.  Luckily, we were able to create a plan before she got her first paycheck, so she can build her life and career around financial stability.

One of the listeners to the podcast emailed in and offered a few suggestions of topics to cover.  First up: why is debt bad and how should you go about paying it off?

You may have noticed the past couple weeks have been light on the podcast.  Why?  Because I kept failing.  Today, I talk about how I beat my funk and got back into the swing of things.

Michael Tindall joined the podcast again to talk about the basics of personal finance.  This is a great place to start if you are looking to learn more about your first steps in managing your money.

In one of my most transparent interviews, John from ESI Money talks about why he retired at the age of 52 (and how he could have retired at 42).  John talks about why your career is your number one and often times, most overlooked, asset and how he utilized the skills he acquired in his career to build lucrative side hustles.  John truly is riding his own money wave and has even increased his net worth while in retirement by a 6-figure amount.  Listen in and be sure to check out ESIMoney.com

I came across a statistic that only 24% of Millennials are financially literate.  I wanted to see if I was too.  15 questions later, I think my mom would be proud.  You can take the quiz too here.

This week, I sat down with three Millennials to talk about money: how they handle it, what are their goals, why are we so reserved about talking about money, and more.  The talk is open, candid, and honest.  Enjoy!

Last week, I was sitting at Starbucks doing work when a group of women walked in carrying fliers for an upcoming 4.01k race.  I asked them what it was all about, and it turns out it is a walk/race to help raise money for the Boys and Girls Club of Oakland and Macomb Counties.  The best part is, after the race the kids is "Wellabration" where kids get to learn about the power and importance of personal finance.  I sat down with Alma Ko, Marketing and Engagement Coordinator at Cambridge Consulting, a sponsor of the event, to talk about the race.

My friend John sent me a financial article titled "25% of Millennials no longer having sex due to financial problems."  Naturally, that peaked my interest.  Can money really affect your sex life? It turns out the article was as clear cut as I thought it would be, but it did bring up an interesting point: it is harder to get by today than it was in the past.  Having said that, I discuss some bold moves you can make today in order to set yourself up for a abundant financial future.

Adam Smith was on to something when he warned us to be aware of the relaxation of rules and how it can lead us to make bad decisions.  The same is true when it comes to personal finance - keep your rules simple, black-and-white, and never deviate from them - and you should end up wealthy in the end.