The Simple Minded Millennial Podcast

Have you been crushing 2019?

 

In this episode, Erik and Steph wind down the year with a candid chat about their wins, loses, highlights, and reflections of the first few months of 2019.

 

They also discuss their progress 2019 goals, and how they plan to finally accomplish some of their big dreams. From growing income, saving money, scaling online hustles, and weight loss, they outline how they are getting through 2019 and rocking their goals!

Cheers to making the second half of 2019 your BEST year yet.

 

And a giant thank you for listening to Simple Minded Millennial! We couldn’t ask for a better audience. If you haven’t already, subscribe to our e-mail list, leave a review on iTunes or Stitcher, and follow us on Twitter!

Meet and Greet Erik and Steph.

This episode has no tips and tricks or advice, just a fun episode about Steph and Erik’s first meeting! Erik flew down to Nashville, TN May 4th to celebrate Cinco De Mayo. We decided to record our “epic” weekend together and these were the results….

Ready to learn more about Steph and Erik than you EVER wanted to?

We also answer questions from listeners (major shout out to Purple from A Purple Life!) and discuss first impressions. After working together for nearly a year, we finally decided it was time to meet internet strangers in real life!

 

Next week, we’re back to more informational podcasts. This week, it’s just a conversation amongst cohosts! ENJOY!

And as always,

Leave us a review on iTunes or Stitcher, it will make our whole year!

 

How graduating during the recession taught this millennial to hustle.

There is no sugar coating it, millennials are broke. We have the highest average student loan debt balance, and most of us graduated into the great recession when jobs were scarce. While the economy has luckily seen some growth, the recession is still fresh on our minds, scaring us away from investing, real estate, and risks.

Dave, from Wealthenial, discusses how the recession shaped his relationship with money, debt, and side hustles.

Graduating during the peak of recession taught this millennial the importance of saving money and paying off debt, and how his new relationship with money led him to some risky side hustles. We are so excited to have Dave on this week! This episode is PACKED with tips on debt, investing (even real estate investing!), and tackling student loans.

 

Dave also dives into:

* What it was like to graduate into the recession

* Whether or not grad school was worth it

* Tips to pay off student loans

* How to start side hustling

* Real estate investing tips

* Mitigating risk in real estate investing

And SO much more! Dave was such an amazing guest, and he has so much knowledge on hustling, debt, and real estate investing. We definitely plan to have him back on the show! Be sure to follow him on his blog and Twitter @wealthlenial 

 

Thanks for listening to Simple Minded Millenial! Help our guests get the recognition they deserve by leaving a review on iTunes and Stitcher! We’d also love to hear from you on Twitter @simple_mind_pod

Learn how to launch a successful re-brand & network your way to $100k at 25 with Tori Dunlap.

Tori Dunlap has taken the financial world by storm with her viral story on re-branding her widely successful business from Victori Media to Her First $100k. Her vision has always been set on providing women with the tools to be financially successful, whether it’s saving their first $100k (like her!) or aiming for that six-figure salary. The re-launch of her site does just that, it provides a community for women working towards a better financial future.

Recently featured on MarketWatch, she broke down the logistics of re-branding, and how she plans to save that $100,000 when she’s 25. We dive even deeper into the reasoning behind the re-brand, how she landed higher-paying jobs to make her saving goals a reality, and how she built an incredible community.

 

Tori grew up with powerful financial education and she’s ready for everyone to have the same.

We get all the details on Tori and discuss:

* Why she decided to re-brand her business

* What services and tools she provides to help you get your money on track

* Her entrepreneur endeavors

* How she plans to save that first $100k

* Ways to build an amazing online community

* Networking skills

* How to cultivate a career you love

* Why that first $100k is so important

And SO much more! Our guest this week is amazing and has built a community and brand from the ground up. Ready to work with Tori and get your finances in order? Check out her new site and get in touch here. 

 

Tori Dunlap is on track to save $100k at 25, she’s ready to provide you the financial education you need to do the same.

 

Loving Simple Minded Millennial? Of course you are! Help our incredible guests get the recognition they deserve by leaving us a five-star review on iTunes and Stitcher!

Want to crush debt WITHOUT feeling deprived?

 

We are SO, SO excited to have one of Steph’s biggest role models on the show this week. Refine My Money is a blog aimed at millennials paying off student loan debt in a high cost of living city (where are Boston fans at!?) while still having a social life. And Hobbies.

 

Refine My Money tracks her net worth for us all to see, and her strategies to pay off her student loans, increase net worth, and saving for a house. She has amazing tips on identifying what your goals really are, and how to adhere to value spending.

Learn how to Crush Debt and Balance Fun, Life and Money

 

We also cover:

* Setting money goals

* Value based spending

* How to job hop to increase salary

* The age old question of: to grad school or not to grad school

* Balancing savings, debt, and investing

* How Refine My Money stays in amazing shape

* And more!

Major thanks to Refine My Money for coming on! She has incredible tips on having fun while paying of debt on a limited salary. Follow her on Twitter @refinemymoney

 

Want to help our amazing guests get the reach they deserve? Leave us a review on iTunes or Stitcher!

Ready to buy your first house?

When the weather heats up, so does the housing market! Are you starting to save to buy your first home? Unsure if you should even buy a house? This episode will give you all the tips you need for buying your first house.

 

Buying isn’t always the best option, and with incredibly hot markets and rising interest rates, it could make home buying seem impossible. Couple that with stagnant wages, and it’s easy for millennials to feel like they’re stuck renting forever.

We will discuss actionable tips on buying your first house and:

* Pros and cons of buying a house

* How to save for a downpayment

* Different types of home loans

* What NOT to do when buying a house (we made every mistake in the book!)

* The home buying process

* And more!

 

Loving Simple Minded Millennial? Leave us a review on iTunes!

 

 

Ready to get a raise?

 

You hear a lot of negotiation tips and how to ask for a raise, but what about advice on how to provide more value to ensure you get that raise? It’s easy to want to do the bare minimum at work (especially if you hate it!) and just skate by. But the benefits of showing up and working hard far exceed getting more money.

 

Erik and Steph discuss how to provide value at work in today’s solo episode. And even if you’re in a job that is structured in ways you can’t get a raise (like Steph!) we breakdown why being a good employee is crucial to success.

This episode also dives into:

* Skills needed to provide value at work

* How to speak up for your worth

* How to climb the corporate ladder

* Increasing income while staying with the same organization

What tips do you have for increasing your value at work to get the big bucks? Let us know on twitter @simple_mind_pod

 

Thanks so much for tuning into another episode of Simple Minded Millennial! If you’re loving it, please leave us a review on iTunes or Stitcher!

 

How to prepare for millennial parenting and balance paying off student debt.

 

The hosts of Simple Minded Millennial are getting some counseling this week with their favorite therapist! Emilie, the millennial behind Wise Mind Money who is on a mission to crush student loans, is on the show to discuss how she and her husband are preparing for THE biggest life change. A BABY!

Emilie and her teacher husband accrued $108k of debt combined from their undergrad and her graduate school degree in Clinical Mental Health Counseling.  Despite making average salaries, they usually pay $20k of student loan debt off a year (40%+ of their salaries)! And have already dominated over $40,000 of student debt!

Now, their debt payoff strategy and financial goals are being re-calibrated since they’re preparing for millennial parenting.

Emilie dives into:

* How they keep expenses low

* Ways to put 40% of salary towards debt

* Her career into the mental health field

* How millennial parenting will change their debt payoff

* Money tips for preparing for a new baby

* How her dogs are adjusting to the news of a baby coming on board

Thanks so much to Emilie from Wise Mind Money for coming on! If you need more Emilie (which you do) follow her on Twitter @wisemindmoney ‏!

Ready to grow your salary and increase wealth?

You went to college, graduated, and now what? Take the typical path? You work in the same field as your degree, get a big house with a bigger mortgage, and retire at 65. Despite having ambitions of a career pivot into your dream field and life of travel, you settle for a 3% cost of living raise, and are too afraid to take risks because of bills. Instead of challenging the status quo, you buy a bigger house and fancier car because you feel like you deserve it.

Meet the millennial challenging the status quo head-on.

Our guest this week is the incredible FI Mechanic from Financial Mechanic. She is an incredible millennial dominating the tech field in Portland, Oregon. Graduating with a mechanical engineering degree, she took risks and pivoted into a software engineering career that led to her doubling salary in two years.  She overcame imposter syndrome and was able to fight for her worth throughout her career.

And instead of taking the typical path of flashy houses and cars, she’s leveraged her high salary to amass a $250,000 net worth at age 25. Putting her on track to be financially free at 32. 

FI Mechanic offers tons of great advice for people who feel stuck in their jobs, low salaries, and tips on how to grow net worth. In this week’s episode, we cover:

* Interviewing tips to land a better job

* Negotiation tips to increase  your salary

* How to do a successful career pivot

* Overcoming imposter syndrome

* Easy ways to increase net worth

* Financial independence tips

Want more tips on early retirement, career, and money? Read her blog at FinancialMechanic.com & follow her on Twitter @fimechanic

 

Thanks so much for tuning into another episode of Simple Minded Millennial! If you’re loving it, please leave us a review on iTunes or Stitcher!

How can you get over your fear of investing?

 

Despite decades of research behind the logic and math of investing, getting started can be terrifying.  Investing always involves some risks, and with market data and the news constantly in our face telling us the next dip is around the corner, it’s easy to justify staying away from the stock market. Not to mention, these are likely the years we will have the lowest earning potential, why throw our hard owned dollars into a fund we cannot touch for decades?

Money is always just as much (if not more so!) an emotional game than a logical one. We get it, you should be putting at least 10% of your paychecks towards investing for retirement. It’s hard balancing bills and debt payments off at the entry level salaries we make, and to think of investing excess money can be laughable.

It’s easy to view investing as too risky, too expensive, or just too complicated to even do. It’s much easier to just say “i’ll learn about that when I’m 30 or 40!” instead of getting started now. But is that the best mindset to have?

 

In this episode, we breakdown:

* The risk of investing

* How to get started investing (NO, you don’t need thousands of dollars)

* Why you should be investing

* The emotions behind investing

Erik explains the math behind investing and it’s actually EXCITING

* Compound interest and how magical it is

 

So get out there, invest, and make that money work for you!

 

 

 

Thank you SO much for tuning into another episode of Simple Minded Millennial! If you’re loving the show, please leave a review on iTunes.