Building your nest egg is just as important as making sure it doesn’t end up a scrambled mess. What's beyond the simplified advice of 'spend less than you earn'? ================ LISTENER QUESTION/COMMENTS ================ Can I contribute money to a Roth IRA for a child (Audrey, Chicago) Where can I learn about stocks and bonds to get started investing (Marissa, Mass) ================ TOPICS =============== SUCCESS TIP: What can you do to get ahead in any area of your life quickly? ...

Another entertaining review of MLMs. "LuLaRich" largely focuses on how LuLaRoe’s multi-level marketing structure ruined lives. ================ LISTENER QUESTION/COMMENTS ================ My financial advisor took out loans in my name and ruined me (Cheryl) When is a good time to get umbrella insurance (Alex, Phoenix, AZ) Will I get hit with capital gains on my home purchase if I rented it out (Fred, Idaho) ================ TOPICS =============== RED ALERT WARNING: Back to school...

Imagine the joy you would feel by being able to spring for a meal at a Michelin Star restaurant for an anniversary with your significant other? It's possible, if you know how. ================ LISTENER QUESTION/COMMENTS ================ Will 2022 be a better year to wait and buy a car (Addison, Maryland) I have a travel tip for people if they can't go far (Keith, Honolulu, Hawaii) I found $300 in savings over the past year just by paying attention to my bank statements (Trey, Worcester,...

INTRODUCING Optimize 401k: https://bit.ly/Optimize401k Imaging your perfect place to live. What does it look like? People are moving now more than ever because of Covid. Are you dreaming and making some plans to get to your next place? ================ LISTENER QUESTION/COMMENTS ================ Is there a way to do a backdoor Roth and avoid the pro rata rule (Joel) What's the right amount of money to have set aside if we buy an AirBnb vacation home so we don't get stuck if it doesn't...

The total number of retirement millionaires has nearly doubled from one year ago. The outlook for retirement savers is only improving! No matter your age, stage, or wage, it's time to get inspired. Plus, tips to save. ================ LISTENER QUESTION/COMMENTS ================ Can I take the gains from the sale of a rental property to pay down my primary residence and avoid capital gain taxes (Andrew) ================ TOPICS ================ Here’s what happens to Social Security...

Investing/saving/buying should be about seeing the future. Which is hard to do when people can't even admit they could be making a mistake. ================ LISTENER QUESTION/COMMENTS ================ Can I take the gains from the sale of a rental property to pay down my primary residence and avoid capital gain taxes (Andrew) ================ TOPICS ================ MONEY HACKS: Should you decline rental car liability coverage? TRAVEL TIP: How to save on Covid tests ...

The best place for your retirement money could be a Roth. How can you stack it? ================ LISTENER QUESTION/COMMENTS ================ Jennifer from SoCal spots The High Priest in a West Texas Walmart. Go big, then stop in order to build wealth with little effort. Announcing the 2021 Personal Finance Scholarship $1,000 winners: Libby + Samantha. ================ TOPICS ================ TRAVEL TIP: Saving money on long term parking at the airport. MONEY HACK: Keto for Kats? ...

Target date funds are the "easy button" for retirement investing. They can take the confusion and research out of investing and let you get back to your life. They can also cost investors a lot of money...in ways most people don't think about (no, not just fees). ================ LISTENER QUESTION/COMMENTS ================ Should I treat my Target Date Fund as if I'm 30 years old and will be in retirement for decades (Dan) When tracking expenses how do I avoid double entries (Ray,...

Most people have a goal of owning investments that they’re comfortable with. Understanding the difference between risk tolerance and risk capacity will help you achieve your goals and avoid running out of money before running out of life. ================ LISTENER QUESTION/COMMENTS ================ We are building a mobile home empire. Is it better to go all in on real estate or continue to put money into my 401k/457 (Alejandra) Is this year or next year better to convert a SEP IRA to a...

Andrew has a product he's seen on Facebook and wonders if it's too good to be true? What are the filters you can use to determine if something is a good deal for your financial future or if it's something that's just going to be a big fat loser for your wallet. ================ LISTENER QUESTION/COMMENTS ================ Is it better to start converting some of my 401k money to Roth 401k money now (Dan, New Hampsha) How do I get my wife and I on the same page when it comes to investing...

Is there a difference between how much risk someone thinks they can take vs. how much risk science shows they really would be willing to take? And if so, how does that impact your strategy for financial security? ================ LISTENER QUESTION/COMMENTS ================ Do you have any retirement advice for someone who may not be able to enjoy 30 years of retirement but maybe only 10 because of health issues (Reese) Does it ever make sense to bet the farm if there is plenty of time to...

Social insecurity should be the icing on the cake for a well planned retirement. That’s they key - well planned, and well executed. What should we be prepared for depending on our age? ================ LISTENER QUESTION/COMMENTS ================ Can you explain the 4% rule (Alexis from Texas) Should I pay down my student loans if they government is talking about forgiving them (Jonah from Portland) I bought $5,000 worth of Bitcoin when it was at $55,000. I sold it when it hit $30,000,...

The financial circus of investing has been in full force. What's the difference between active investing and passive investing? Is it worth the added cost? What does the evidence say about it? What are the tax implications? ================ LISTENER QUESTION/COMMENTS ================ Going through a divorce and need to decide between keeping the house or keeping the 401k (Captain Archer) I'm hearing ways of borrowing from a whole life policy to fund loans in order to pay myself the...

Legendary financial trader shares insights overlooked by most traders! Mom turns $2,000 into $2,000,000 in just two years trading! Aliens land in LA and steal Kim K's baby! What is the truth behind the amazing investors these days? One legit company has the proof to sort things out. ================ LISTENER QUESTION/COMMENTS ================ My story of American Home Shield and how I will never use them again (Deanna) ================ TOPICS ================ "By every external...

What do three of the biggest brokerage companies have to say about crypto? They don't all agree...so which one is right for your future? ================ LISTENER QUESTION/COMMENTS ================ I have an old 401k plan from a previous employer. How do I decide to roll it into a new plan or not (Martin, Memphis TN How do you pick a good insurance company if you don't like their quarterback (Jason) Do we have to budget or is there something easier to do (Mindy, Thankful in Washington) ...

What stock market myths should be abandoned for a more profitable future? ================ LISTENER QUESTION/COMMENTS ================ How do I set myself up financially if I'm getting married soon (Dani) How do you pick a good insurance company if you don't like their quarterback (Jason) Thanks for the motivation to spearhead our 401(k) at the office (Ryan) ================ TOPICS ================ Bitcoin Bonanza! Read between the lines before you believe the hype. RED ALERT...

What's the must have conversation when it comes to paying taxes now or later? Should people do Roth conversions? ================ LISTENER QUESTION/COMMENTS ================ Can you do more research on Infinite Banking (Sherry) I have FOMO from Dogecoin investing (Dan, New Hampsha) Ideas on selecting a vacation home (Kristin) ================ TOPICS ================ What does the Big Short investor have to say about investing in Tesla? Financial firm gets fined $1.3M for not...

Sales weasels are pitching a concept called “Infinite Banking” (aka “Be Your Own Banker”). What is this? Is it any good? Do you know how to protect yourself and your elders from this thingy? ================ LISTENER QUESTION/COMMENTS ================ My husband and I have different risk profiles. What we should be investing in? (Maria) What do you think of pulling money from my investments to pay off the mortgage (Dawn) Where would you suggest we stash $60,000 until we are ready to buy...

Are you being paid enough? Are you being paid as much as your peers? Are you getting market value? Are you charging enough? Listen to this story of a listener who landed a sweet, higher paying job. ================ LISTENER QUESTION/COMMENTS ================ What's the difference between term life and whole life if I'm on a budget (Skylar, Colorado) How should I pay this $4,000 plumbing bill I've got (Miss Awesome) Should I convert a Traditional IRA to a Roth IRA and what are the tax...

Is investing in the environment good for growing long term wealth? New studies show old people would rather take an Alaskan cruise. ================ LISTENER QUESTION/COMMENTS ================ Everything I hear for order of using your retirement funds is to use your Roth money last. Is that correct (Angie) Does a trustee to trustee transfer of an IRA count towards the IRS rollover limit in a 12 month span (Chad) I would love to hear your thoughts on this message I received on Instagram...

How can we make smart decisions when nothing stays the same and the future is unknowable? ================ LISTENER QUESTION/COMMENTS ================ I’m trying to figure out the best possible place for my emergency fund to grow (Mark) Is a stock market crash looming and what should I do (Marzie) I'm looking into buying a rental property. What mortgage requirements do I have to meet for a second home (KC) ================ TOPICS ================ RED ALERT WARNING: The wicker...

What are the advantages and disadvantages of using a robo-advisor to manage investments? ================ LISTENER QUESTION/COMMENTS ================ My friend says a credit card has more protection than a debit card. Is this true (Brett) I have a Roth IRA. If I understand correctly, everything I put in can be pulled back out with no fee or penalty? Is that correct? (Sandy) ================ TOPICS ================ If you even thought about the word 'cryptocurrency' in 2020, the IRS...

How many ways are there to make your money last longer than you will? The answer will surprise you. ================ LISTENER QUESTION/COMMENTS ================ Will my wife's 401(k) balance be added to a new Roth 401(k) account for compounding purposes or would she in effect be starting over (Bryan) My biggest financial concern is just plain not having any money. How can I publish a book without money (Anita) Thanks for all of your viewpoints on personal finance (Ray) ...

Ever wonder why some people don't care about money, saving, and investing? The answer is finally in! ================ LISTENER QUESTION/COMMENTS ================ I am trying to figure out the best (and SIMPLE) way to combine finances (Blake Shelton) How can I hit my savings goal of $10,000 in 10 months (Deanna the dog walker) Do I pay a company a fictitious $138 to get them to remove the charge from my credit report (Panicked in Virginia) ================ TOPICS ================ The...

Got some golden locks? This company will tell you how much your hair is worth. ================ LISTENER QUESTION/COMMENTS ================ Nope, there were too many topics this week. ================ TOPICS ================ A Sonoma winery is offering $10,000 a month to one lucky person to work for a year and live rent free. SPACs warning by the SEC for celebrity endorsed products. Don't by from Shaq! It's a home sellers market. Here's how to find a deal. A tax saving tip for...