“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…
This podcast is a little different. Instead of interviewing a guest, this episode is a recording of a talk I gave recently. The audience wanted to know more about the context surrounding the decisions I’ve made regarding business, investing, and money. Why have I only spent three years of my life in a 9-5 job?…
You should see my Inbox after I’ve left it unchecked for a few days. The sheer volume of crappy pitches, press releases, “check out my infographic” and “could you link to us?” requests would make your head explode. I leave my Inbox untamed for 2-8 days stretches on a semi-regular basis, and when I return,…
Imagine transitioning from making $8.50 per hour and sharing a crammed apartment with 5 people, to being a six-figure business owner doing what you love. That’s the journey that Julia Kelly, caricature artist and founder of JK Expressions, took. Sounds great, right? Well, as they say, more money = more problems. When Julia earned $25,000 – $30,000…
Today’s guest is Mary Beth Storjohann, CFP®, Founder of Workable Wealth, and author of the book Work Your Wealth. As I was reading through her book, one thing stuck out to me: the financial frenemies we all have, and how to deal with them in a constructive way. What’s a financial frenemy? They’re the people…