Mark, a 55-year-old listener, has no savings. He’s been listening to personal finance podcasts. He recently read Tony Robbins’ Money: Master the Game. He called this podcast to tell us that he’s feeling overwhelmed by the scope of what’s ahead of him. He doesn’t know how to apply this information — and he’s afraid of needing…
Some people are addicted to booze; others gambling. Me? Home renovation. Three months ago, we finished a $13,000 remodel on Rental House #4. To celebrate, we told our contractor to demolish a kitchen in a different house. Call it a victory lap. 🙂 We’re renovating House #2, and we’re coordinating everything — from demolition to final clean-up — through…
If you’re a longtime listener, you might remember J.D. Roth, founder of Get Rich Slowly and owner of Money Boss, from Episode 20. In this previous interview, J.D. shared how he went from being in debt to financially independent. Today, he’s back for a special edition of the podcast. J.D. and I didn’t actually record…
There are five procrastination triggers, says author Stephen Guise: Fun: We enjoy TV, video games, and anything else that’s easy. Fear: We’re afraid of failure, and therefore we avoid trying. Overwhelm: When the task ahead is daunting, we escape into distraction and avoidance. Brain Overheating: When our mental energy wanes, we’ll ‘zombie’ out with YouTube or social…
Today’s guest is New York Times bestselling author, radio and television personality, Clark Howard. While Clark is known as a personal finance expert, that title doesn’t tell the whole story. He started reading stock tables when he was in fifth grade. He began investing in real estate at the age of 22. He created his…
This episode is unusual. Normally, I interview entrepreneurs, authors and headline-grabbing influencers. But in today’s episode, I wanted to chat directly with you — the members of this community. I want to know why you’re here, listening to this podcast, when most people couldn’t care less about managing their money. Why are you different? In…
It’s 6:30 a.m., and I’m watching the sunrise over downtown Las Vegas. The streets are empty. The last revelers have disappeared from the sidewalks and rooftops they occupied a few hours ago. Anyone else awake in this town has stayed up all night.
Podcast listener Eva is interested in opening a Vanguard account. She noticed that people need $50,000 to access their personal advisor services. It’ll take her several years before she can access this. What should she do in the meantime? Amy, another podcast listener, wants to invest $5,500 into her Roth IRA in 2017. Should she…
Last month, I tracked my time in 15-minute increments for a week and published the humiliating results. Afterwards, I opened this email from a reader: “You gave me a realistic view of what life might be like when I become an entrepreneur -– I could potentially face some of the same challenges that I do…
When Leslie Samuel immigrated to the U.S. at age 17, he hoped for the American Dream: an education, a secure job, and a traditional career path. But during his college years, Leslie realized he held an entrepreneurial streak. He made a few attempts at working for himself. He failed. He lost money that he’d set aside for…