It’s mayhem in this week’s episode, as Joe Saul-Sehy, a former financial advisor and host of the Stacking Benjamins podcast, joins me to answer your questions. Normally, I host an “Ask Paula” episode on the first Monday of every month, in which I tackle questions from the Afford Anything community. You all kicked off the…
It’s an old familiar hum: Every January, we kickoff the calendar year with New Years Resolutions: lose 10 pounds, make smarter investments, create an extra $1,500 per month on the side. Yet by February, we’ve returned to life as usual. The discarded New Years Resolution has become a tired cultural trope. We blame ourselves for…
John Lee Dumas transitioned from small-town kid to a multimillionaire entrepreneur. In today’s podcast, we talk about that journey. Here’s his backstory: John grew up in a small town in southern Maine. His father and both grandfathers served in the military, so he decided to follow in their footsteps. He attended Providence College in Rhode…
Andrew Hallam grew a million-dollar investment portfolio on a schoolteacher’s salary … by his mid-30’s. Wow. He’s read more than 400 books about investing and money management, and he’s whittled decades of knowledge and experience to nine basic rules. In his bestselling book, Millionaire Teacher, he describes these nine lessons in detail. He shares these nine rules on this…
“I was working at a bus depot,” says Andrew Hallam, describing the summer that changed his life. “I was 19, and I was saving money for college. It was a night shift, and there was a mechanic there [named Russ]. Everybody said to me — if Russ wants to talk to you about money, make…
Happy 2017! It’s the first Monday of the month (and the year!), and I’m kicking off 2017 with answers to your questions. Our first question comes from Ashley. She’s a single mom setting aside $150-$200 per month in a savings account for her two-year-old son. She realizes this money could grow faster elsewhere … but…
Today’s guest, Philip Taylor – better known by his nickname, “PT” — is one of the most well-connected guys in the personal finance world. PT is the founder of FinCon, the preeminent conference for bloggers, podcasters and YouTubers in the field of personal finance and micro-entrepreneurship. He’s spent the past half-dozen years building tight relationships…
Billy Murphy says poker made him a millionaire … But not in the way you might guess. Billy, now a serial entrepreneur, says poker taught him probabilistic thinking. He learned how to analyze the likelihood of various outcomes. He learned when to double down and when to fold. He achieved financial independence at age 29,…
Scott Alan Turner used to be a money moron. (In his words.) He traded a Jeep for a Porsche in his 20s, purchased a 3,000 sq. ft. house with two mortgages, and bought luxury furniture on credit. The Porsche cost him $800 per month. The house cost $200,000. The furniture? Who knows. Scott didn’t have…
It’s the first Monday of the month, which means I’m fielding questions from the audience. We start with a question from Nicole. She’s a new listener, and she’s stuck in a confusing situation. You see, Nicole is self-employed. She’d like to save a percentage of her income — but she doesn’t get regular paychecks. How…