Why Didn't They Teach Me This In School - Money and life management

Another interview with one of Cary's old friends. This one is with Howie Schweibel - someone who has some excellent advice for anyone who wants to live their life the "right way".

In this episode, we continue asking the questions "what have you done right?" and "what mistakes have you made?" in managing your money. Today's insight is from Linda Bart who is an educator with 2 masters degrees who learned how to manage her money thru trial and error.

In this episode, Cary talks with his good friend Richard Byrne the current Chairman and CEO of Business Development Corporation of America and Benefit Street Partners Realty Trust and the former CEO of Deutsche Bank Securities. Rich discusses his keys to personal money management success along with a key pitfall to avoid.

For the next few episodes, Cary is going to change it up a little. Rather than discuss his thoughts, he is going to ask others to give their advice on effective money management. This first episode the advice comes from his college roommate Paul Aberasturi.

"Unhealthy" purchases also result in "unhealthy" spending. In this episode, Cary offers his perspective on saving your money and your life by dropping your "unhealthy" spending habits.

If you ultimately want to afford them, it is so important to resist unnecessary expensive luxury purchases. In this episode, Cary discusses some strategies to use to avoid making impulsive, expensive product decisions.

Today Cary uses some personal examples to help you understand that buying everyday products and services should be based on what is important to you.

While this sounds like a "no-brainer" that you don't need a reminder about, after listening to this, you will realize how many "small bargains" you actually buy that you don't need. Cary provides a quick list of criteria that allows you to avoid unnecessary purchases.

In today's episode, Cary tells you an embarrassing story about how he felt like a "great deal" that really wasn't. Importantly, he takes you thru examples of different deals (or scams) you need to avoid.