If you're like most people, you don't want to spend money on things that don't matter. Designer clothes, fancy cars and a new smartphone every year - that doesn't make you happy. And it certainly doesn't grow your wealth for the long term.

But you also don't want to be cheap. Never splurging on something denies you joyful moments to have money you'll never spend.

Luckily, the alternative to mindless spending isn't penny-pinching. It's frugality. When you're frugal, you're mindful of your expenses without denying yourself the things you love most.

In this episode, you'll find out how to build a life full of joyful experiences that doesn't keep you living paycheck to paycheck. Want to live a frugal life? Listen now!

Show highlights include:

• Why "expensive" $5 coffee is a great investment (even if finance gurus think it bankrupts you). (5:20)
• How "PMI" can add hundreds to your home loan every month without you noticing it. (13:03)
• How to lower your insurance bills with a 5-minute phone call. (14:26)
• A simple question that makes salespeople, handymen and other businesses give you a discount. (18:40)

Remember to download Grandma's Top Tips for an Independent Financial Future by dropping into https://grandmaswealthwisdom.com/free/. It's time for YOU to break through to a smart, stable, financial future.

If you'd like to see how Grandma's timeless wealth strategies can work in your life, schedule your free 15-minute coffee chat with us by visiting www.grandmaswealthwisdom.com/call ... just like Grandma would want us to do.

Links mentioned on the show:

https://youtu.be/dDmOnrW9wUU

Whether you're making 30,000 or 30,000,000 dollars per year, it always hurts to write the government a check for a portion of your money.

And with a worldwide crisis wreaking havoc on the economy, the government is looking at increasing taxes. That might sound like bad news for building your wealth, but you can avoid tax increases — if you know how.

In this episode, you'll discover how to avoid tax increases to ensure a stable financial future for yourself. Want to pay yourself instead of the government? Listen now!

Show highlights include:

• How to pay less in taxes by waiting 357 days before selling your stocks. (4:58)
• Why actively trading stocks can raise your tax bill (unless you're investing for the long term) (7:02)
• The "payment plan" mistake that can raise your tax bill (even when your money grows in the meantime). (10:57)
• Why optimizing your life for paying less in taxes makes your life worse (even if it saves you money). (12:13)
• Why your taxes will probably go up — and why that's a good thing for your finances. (12:34)

Remember to download Grandma's Top Tips for an Independent Financial Future by dropping into https://grandmaswealthwisdom.com/free/. It's time for YOU to break through to a smart, stable, financial future.

If you'd like to see how Grandma's timeless wealth strategies can work in your life, schedule your free 15-minute coffee chat with us by visiting www.grandmaswealthwisdom.com/call ... just like Grandma would want us to do.

Conventional long-term financial planning advice is this: Max out your Roth IRA and 401k, get it matched by your employer and you're on track for a happy, wealthy retirement.

And while many people have used that strategy for their retirement funds, it's not the only strategy you can use to grow your wealth.

In this episode, you'll find out about the upsides and downsides of conventional retirement planning—and about alternatives that can help you build wealth without riding the stock market roller coaster.

Want to discover the best retirement planning strategy for you instead of copying what everyone else does? Listen now!

Show highlights include:

• How big banks and hedge fund managers "quarantine" your money until you're almost 60. (2:08)
• The insidious way "RMDs" dictate how you spend your retirement funds in your golden years. (3:48)
• How to save for retirement, grow your wealth and minimize taxes without locking up your money. (10:15)
• Why employer 401k matching isn't "free money" (even if you've been contributing for years) (11:48)
• 3 ways to invest your money without locking it up until retirement. (13:47)
• How to thrive in the next few decades while the world is changing around you. (15:32)

Remember to download Grandma's Top Tips for an Independent Financial Future by dropping into https://grandmaswealthwisdom.com/free/. It's time for YOU to break through to a smart, stable, financial future.

If you'd like to see how Grandma's timeless wealth strategies can work in your life, schedule your free 15-minute coffee chat with us by visiting www.grandmaswealthwisdom.com/call ... just like Grandma would want us to do.

When we consider investing money to grow our wealth, most of us think of the stock market. In theory, it's easy: Constantly buy shares, watch their value grow over time and cash out when you want to retire.

But in practice, things are more complicated. Stock market history is filled with stories of unexpected crashes, bursting bubbles and, most importantly, disappointed investors.

While some people see amazing returns in the stock market, it's not right for everybody. In this episode, you'll find out how the stock market really works so you can make an informed decision that secures your financial future for the long term.

Want to make money decisions that grow your wealth for the long term? Listen now!

Show highlights include:

• How social media business models turned the stock market into an addictive game designed to empty your pockets. (2:21)
• Why annualized stock market returns don't put money in most people's pockets (and how "temporary setbacks" can wipe out your complete net worth). (5:07)
• Why the wrong "investment behavior" can slash your stock market returns in half. (7:28)
• The scary statistics that show stock market investors have a 50% chance of running out of money in retirement. (12:58)

Remember to download Grandma's Top Tips for an Independent Financial Future by dropping into https://grandmaswealthwisdom.com/free/. It's time for YOU to break through to a smart, stable, financial future.

If you'd like to see how Grandma's timeless wealth strategies can work in your life, schedule your free 15-minute coffee chat with us by visiting www.grandmaswealthwisdom.com/call ... just like Grandma would want us to do.

Power Quote Ideas: "Isn't the whole point of buying the stock to see it grow so that you can use it for something real, something tangible for yourself or for those you love?" "History is not a prediction of the future. As the Game Stop example shows, the future is very unpredictable."

2020 was a crazy year. We saw a lot of uncertainty, a stock market roller coaster and many financial disasters.

We all hope 2021 will be better - both for our social lives and our finances. Many people have set lofty goals like paying off their mortgage early, finally investing to grow their wealth or simply spend less.

As always, putting your plan into action is a lot harder than imagining the future you want to live in. In this episode, you'll find out how to reach your financial goals in 2021 and what options you have to grow your wealth (even if the market tanks again).

Want to make 2021 your wallet's favorite year? Listen now!

Show highlights include:

• Why financial decisions shouldn't be based only on math (and why emotions should play a role as well). (2:02)
• Why owning your home can feel good, but threaten your wealth-building. (3:05)
• How a mortgage can keep you from losing your home in a financial crisis. (5:35)
• A secure way to build your wealth without locking up your money for decades. (10:36)

Remember to download Grandma's Top Tips for an Independent Financial Future by dropping into https://grandmaswealthwisdom.com/free/. It's time for YOU to break through to a smart, stable, financial future.

If you'd like to see how Grandma's timeless wealth strategies can work in your life, schedule your free 15-minute coffee chat with us by visiting www.grandmaswealthwisdom.com/call ... just like Grandma would want us to do.

When we need anything related to money, we usually go to a bank. We pay daily expenses with a checking account, save for a rainy day in our savings account and if we want to invest, there's always a friendly bank employee ready to advise.

But what if we trusted the wrong people all these years? Like any business, banks are good at some things and bad at others. To make a sensible choice, you need to understand how banks operate, when to do business with them and when to look for alternatives.

In this episode, you'll find out more about the downsides of banks so you can make a choice that grows your wealth for the long term.

Want to make sure you can trust the people who handle your money? Listen now!

Show highlights include:

• How banks can benefit you even when you don't trust them to handle your investments. (4:09)
• Why depositing $100 into a savings account actually deposits almost $1000 into someone else's wallet. (5:26)
• How the banking system makes everything in the supermarket more expensive (without making you wealthier) (9:15)
• How taking out a mortgage makes you work for the bank (even if they never send you a paycheck). (10:34)
• How to reclaim your own money and stop paying the banks for the privilege of inflation. (12:27)

Remember to download Grandma's Top Tips for an Independent Financial Future by dropping into https://grandmaswealthwisdom.com/free/. It's time for YOU to break through to a smart, stable, financial future.

If you'd like to see how Grandma's timeless wealth strategies can work in your life, schedule your free 15-minute coffee chat with us by visiting www.grandmaswealthwisdom.com/call ... just like Grandma would want us to do.

Subscribe to the YouTube channel here: https://www.youtube.com/c/grandmaswealthwisdom?sub_confirmation=1

2020 was a wild ride. It showed us that nothing is certain in this world - not even going to a restaurant. And while that year has ended now, it's hard to define how you'll improve your life and grow your wealth in 2021.

What can you still count on? In this episode, you'll find out how to make 2021 a year that helped you grow financially and personally.

Want to make 2021 better than 2020? Listen now!

Show highlights include:

• Why you can't count on money in 2021 (and how to use that fact to empower you to grow your wealth). (3:34)
• How to "take control" of parts of your finance you think you can't control at all. (6:03)
• What to do when your income goes to zero for a whole year (without panicking or becoming poor). (7:16)
• Why an uncertain future helps you take more control of your finances, not less. (9:54)

Remember to download Grandma's Top Tips for an Independent Financial Future by dropping into https://grandmaswealthwisdom.com/free/. It's time for YOU to break through to a smart, stable, financial future.

If you'd like to see how Grandma's timeless wealth strategies can work in your life, schedule your free 15-minute coffee chat with us by visiting www.grandmaswealthwisdom.com/call ... just like Grandma would want us to do.

"Robo-advisors" promise to automate your investing, grow your wealth and do it all for (almost) free. Best of all: You never have to sit down with a smooth-talking financial adviser who gets his check even when your portfolio tanks.

While robo-advisors solve some problems with financial services, they're far from perfect. In this episode, you'll find out how they really make money (Hint: Not the 0.25% transaction fee) and what you should consider before using one.

Want to find out if a robo-advisor can grow your wealth sustainably? Listen now!

Show highlights include:

• The hidden reason big banks love robo-advisors. (2:44)
• How robo-advisors make money off of you (even if you're not paying any fees). (5:57)
• Why even the world's best robo-advisor can't insulate you from volatile stocks, greedy bankers and economic crashes. (8:57)
• The "IRS fee" you only hear about a year after starting with a robo-advisor. (10:18)
• Why trading options can evaporate your wealth (even if you make money at first). (12:17)
• How a robo-advisor manipulated their users into buying 40x more shares (without getting them bigger returns). (14:45)
• The 50-year old "convention" that makes growing your wealth feel like a rollercoaster ride. (18:55)
• Why "investing" with some financial apps is like giving your paycheck to Caesars Palace (22:27)

Remember to download Grandma's Top Tips for an Independent Financial Future by dropping into https://grandmaswealthwisdom.com/free/. It's time for YOU to break through to a smart, stable, financial future.

If you'd like to see how Grandma's timeless wealth strategies can work in your life, schedule your free 15-minute coffee chat with us by visiting www.grandmaswealthwisdom.com/call ... just like Grandma would want us to do.

Links mentioned on the show:

https://www.cbpp.org/wealth-concentration-has-been-rising-toward-early-20th-century-levels-2

https://youtu.be/UocpHniqE4Y

https://www.nytimes.com/2020/07/08/technology/robinhood-risky-trading.html

The stock market can be a scary place for your money (especially for the money you plan to retire on). And you don't have to put your savings into stocks. But are the alternatives any better?

Robert Kiyosaki is one of the few financial "gurus" who doesn't advise you to park your life savings in the stock market roller coaster.

But is he as good an advisor as he is a motivator? In this episode, you'll find out which of Robert Kiyosaki's advice will help you grow your wealth—and which could destroy your future.

Want to know which stock market alternatives work for you? Listen now!

Show highlights include:

• How FIRE lets you leapfrog Kiyosaki's "Cashflow Quadrant" (without waiting until you're 67). (5:52)
• Why going back to your 9-5 job isn't a failure (even if your business is successful). (8:17)
• How believing Kiyosaki's perspective on taxes could bankrupt you. (14:20)
• The scary truth about our financial system (and how to isolate yourself from its consequences). (17:55)
• Why "free money" could be the worst thing to ever happen to you. (20:53)

Remember to download Grandma's Top Tips for an Independent Financial Future by dropping into https://grandmaswealthwisdom.com/free/. It's time for YOU to break through to a smart, stable, financial future.

If you'd like to see how Grandma's timeless wealth strategies can work in your life, schedule your free 15-minute coffee chat with us by visiting www.grandmaswealthwisdom.com/call just like Grandma would want us to do.

Links mentioned in the episode:

https://youtu.be/HciM9mGWx6E

https://youtu.be/Cm7UQ8iQXxs

There's a lot of financial advice in podcasts, TV shows and other publications. But the advice that worked for someone else might not help you grow your wealth. You might get personal advice on a TV show, but the chances for that are slim to none.

Suze Orman hosts The Suze Orman Show where she helps everyday people make better financial decisions. But not all of them are great as general advice.

In this week's episode, you'll find out which of Suze Orman's financial advice you should follow and which you should ignore.

Want to follow advice that works for you instead of believing blanket statements from a TV guru? Listen now!

Show highlights include:

• 2 types of people who shouldn't put money into a Roth IRA (and where to put your money instead). (6:31)
• How to never work on your day job again (without sacrificing income or lifestyle). (7:48)
• Why Suze Orman's investing advice can tank your portfolio and torch your retirement funds. (8:18)
• How paying extra for "expensive" coffee is great for your finances if you don't own a car. (10:58)
• Why following anyone's advice blindly is a bad strategy (and how to do your own research without becoming a financial advisor). (14:54)
• How to spot a great financial professional by looking at their calendar. (16:55)

Remember to download Grandma's Top Tips for an Independent Financial Future by dropping into https://grandmaswealthwisdom.com/free/ It's time for YOU to break through to a smart, stable, financial future.

If you'd like to see how Grandma's timeless wealth strategies can work in your life, schedule your free 15-minute coffee chat with us by visiting www.grandmaswealthwisdom.com/call just like Grandma would want us to do.