The Good Financial Cents Show w/ Jeff Rose, CFP®

Are you guilty of spending $199 on a cheeseburger? There is a high probability that you are.

During the pandemic food deliver apps like GrubHub and Uber Eats grew in popularity.

I know my household made use of these apps frequently.

When you factor in all the service fees, delivery fees, and markup on menu items a $10 meal can quickly double or triple in price.

Imagine if you invested that money in stocks instead burgers.

What is going on with Robinhood?

They are in the news for all the wrong reasons.

I am a Robinhood client, I have an investment account, and I really like how easy it is to set up an account and get started investing.

Now it looks like they are making some pretty big changes. Tune in to this episode and I will talk about some of these changes.

I don't know about you, but my mom is a 'baby boomer' and she comes from a generation where technology can be a bit challenging. You want to make sure you listen to this Podcast, you may want to send it to your mom too!

That generation is at a high risk for online scams. It is so easy for people to get your information online through social media, etc.

I can only imagine how these finical scams will grow during this pandemic with unemployment scams, stimulus scams, credit hacks, etc.

Be careful out there, and let your loved ones know the signs to be wary of - I will share some of the things you should watch for in this podcast.

A lot of the people that contact me through this channel or through the blog, have one key thing they are trying to achieve.

Success.

Whether they are trying to become an entrepreneur, trying to invest, trying to become a millionaire, etc., they all want to be successful in what they are building.

There are some key habits that you have to follow.

If you don't, you are going to find yourself stuck.

Tune in and I will share the four key habits (referability habits) anyone that wants to be successful needs to execute on a daily basis. 😎

I don't get made very often, but there are some people that I would love to punch in the face.

This 'advisor -life insurance agent' definitely makes my list.

I earned about this from a message I received from one of my viewers and I've had a little time to simmer.

Tune in and I'll tell you how this advisor ripped off his client for $612,025.

What if you could go to your mailbox and find $1,000 every single month?

This is a dream that could come true for you.

Passive income really is a thing. Tune in and I'll share 10 different ways you can make $1,000 per month.

Which one are you going to pick to start making passive income?

If you've already started - what is the next thing that you are going to try to add more income streams?

I was recently asked to give my thoughts on four simple steps to increase your credit score. Two of these are pretty stupid.

You don't want to obsess over your credit score, but you do need to be aware of your score.

Tune in while I break down these four simple steps that were shared with me.

I will am going to let you know which of these tips could be good for you and which ones to ignore.

Can you really add multiple income streams during a pandemic?

Yes, you can and I am going to tell you how.

If you Google 'side hustle' you will get more than 80 million results.

Before the pandemic 'side hustle' was trendy, now it is a necessity for some.

2020 is coming to an end!!!

Just because it is almost over, that doesn't mean you don't have time to add some additional streams of income.

Today I am going to share 4 action steps you can implement today to start earning additional income.

It is time to Grow Your Dough!

I have to apologize for bringing you in at such a late stage, so let me explain what this is all about.

The Grow Your Dough Challenge started on the blog a couple of years ago. I had a contest between other bloggers where we each took $1,000 and invested any way we wanted. At the end of the year we took a look to see who did the best job with their investments.

Last year I took this challenge to YouTube. This was a great way to show people how easy it is to get started investing.

With all that has gone on in 2020, I got a little behind on my updates.

Let's dive into the challenge and my results.

There have been many surprises with Covid-19, I didn't expect this one!

I was curious how Covid-19 may be affecting life insurance.

Is this one of those things that people haven't been paying for, due to other expenses?

Is this something that people are more interested in purchasing during this time?

I decided to do a little research. Tune in to find out what I learned.