Archive for December 2019

Top Money Questions – December 2019

Happy Monday and Happy (almost) New Year! It’s the last Monday of December, so we’re answering all of your top money questions on the Monday Money Tip Podcast. Questions today range from starting a small business to rental properties to long-term care insurance policies. In our Current Money Events segment, we’re discussing what you can do NOW to help you achieve your financial goals in 2020. Our success story today comes from Ms. Parker, who has been able to make huge progress on her debt elimination journey. 

Find the Monday Money Tip Podcast HERE. Please let us know what you think by leaving us a rating!

Email info@iwbnin.com to ask questions or share success stories.

NOW AVAILABLE TO DOWNLOAD:
iTunes
Stitcher
Spotify
Website
YouTube

About the Episode: 

  • Today, we’re answering your top money questions from December, including questions about starting a small business, obtaining rental properties, and if purchasing a long-term care insurance policy is a good idea. 
  • In our Current Money Events segment, we’re discussing what you can do NOW to help you achieve your financial goals in 2020.
  • Hear a success story from Ms. Parker, who has been able to make huge progress on her debt elimination journey. 

Resources:
20/20 Money: Gaining Clarity For Your Financial Future
IWBNIN – Tools
Debt Freedom Date Calculator
IWBNIN Ladder
Debt Snowball – Video
MMT Podcast – Episode 18: How to Pay Off Debt Quickly
MMT Podcast – Episode 28: 8 Ways to Speed Up Debt Elimination
MMT Podcast – Episode 36: Bite-Sized Debt
BOOK: I Was Broke. Now I’m Not.
BOOK: OXEN: The Key to an Abundant Harvest

My Personal Rules for any debt arrangements relating to business investments:

  • I won’t finance anything that makes me lose sleep at night. 
  • I won’t finance anything that my bride doesn’t agree with. 
  • I won’t finance anything that prevents me from living generously. 
  • I won’t finance anything that prevents me from pursuing my family’s God-given plans, hopes, and dreams.
  • I must have a path to paying off the debt within five years.
  • I must have at least 50% ownership stake so I have the ability to take control of the investment.

Christmas Money

Merry Christmas! It’s a special Christmas edition of the Monday Money Tip Podcast. On today’s episode, we’re spending some time talking about how to have good money conversations during the holidays. In our Current Money Events segment, we’re discussing what it really means when we purchase a gift for someone. Our success story today comes from Rick, who has completely turned his financial situation around and is debt-free at the age of 47 years old.   

Find more episodes of the Monday Money Tip Podcast HERE. Please let us know what you think by leaving us a rating!

Email info@iwbnin.com to ask questions or share success stories.

NOW AVAILABLE TO DOWNLOAD:
iTunes
Stitcher
Spotify
Website
YouTube

About the Episode: 

  • Today, our featured topic is: “It’s Christmas time. We’re going to spend some time talking about how to have good money conversations during the holidays.” 
  • In our Current Money Events segment, we’re discussing what it really means when we purchase a gift for someone.
  • Hear a success story from Rick, who has completely turned his financial situation around and is debt-free at the age of 47 years old. 

Resources:
20/20 Money: Gaining Clarity For Your Financial Future 
Tools: Saving & Investing
Net Worth Calculator 

Quote of the Day: “That money talks, I’ll not deny, I heard it once: It said, ‘Goodbye.’” – Richard Armour, Poet 

Sarah’s Spending Fast

Happy Monday! Another episode of the Monday Money Tip Podcast is LIVE! It’s a special edition of the Podcast. On today’s episode, we’re sharing Sarah’s story. Sarah went on a spending fast for an entire year. Join us as we share how it changed her and what she learned. In our Current Money Events segment, we’re talking about Christmas spending since we’re only 9 days away from Christmas. Our success story today comes from Nathan, who just wrapped up another I Was Broke. Now I’m Not. Small Group Study at Countryside Church.
 

Find more episodes of the Monday Money Tip Podcast HERE. Please let us know what you think by leaving us a rating!

Email info@iwbnin.com to ask questions or share success stories.

NOW AVAILABLE TO DOWNLOAD:
iTunes
Stitcher
Spotify
Website

About the Episode: 

  • Today, we’re answering: “I read an article on your website about a person who went on a spending fast. I thought it was fascinating! Can you talk more about this in an upcoming podcast episode?” 
  • In our Current Money Events segment, we’re talking about Christmas spending since we’re only 9 days away from Christmas.
  • Hear a success story from Nathan, who just wrapped up another small group study at Countryside Church. 

Resources:
20/20 Money: Gaining Clarity For Your Financial Future 
Next Steps – 0% Balance Transfer Credit Cards
MMT Podcast – Episode 63: 0% Balance Transfer Credit Cards
Blog Post – Sarah’s Spending Fast
Sarah’s Spending Fast 2.0
Latte Factor – David Bach

Quote of the Day: “No one has ever become poor by giving.” – Anne Frank

20/20 MONEY – Release Special

Happy Monday! Today is a HUGE DAY for several reasons.

ONE: It’s my favorite day of the week because another episode of the Monday Money Tip Podcast is LIVE.
TWO: I
t’s finally here! My new book, 20/20 MONEY: Gaining Clarity For Your Financial Futureis ready to release!

Today on the podcast, we’re talking all about the book and what we hope it provides to all who read it. In our Current Money Events segment, we’re giving you an update on the Stock Market. Our success story today comes from Olivia, who was able to get rid of her $137,000 student loan debt.   

Find the Monday Money Tip Podcast HERE. Please let us know what you think by leaving us a rating!

Email info@iwbnin.com to ask questions or share success stories.

NOW AVAILABLE TO DOWNLOAD:
iTunes
Stitcher
Spotify
Website
YouTube

About the Episode: 

  • Today, we’re talking all about 20/20 MONEY and what we hope it provides to all who read it. 
  • In our Current Money Events segment, we’ll give you a Stock Market update.
  • Hear a success story from Olivia, who was able to get rid of her $137,000 student loan debt. 

Resources:
20/20 Money: Gaining Clarity For Your Financial Future 
Next Steps – Investing
Next Steps – Banking
Olivia’s Success Story 

Quote of the Day: “Children have no problems believing. As adults, we have no problem disbelieving.” – Joe Sangl [20/20 MONEY]

Unique Financial Strategies

Happy Monday! Another episode of the Monday Money Tip Podcast is LIVE! On today’s episode, we’re talking about unique money hacks and strategies to help you. In our Current Money Events segment, I share a story from my new book, 20/20 MONEY: Gaining Clarity For Your Financial Future. Our success story today comes from Alan, who was able to lower his credit card debt by switching to a 0% balance transfer credit card.   

It’s our goal at the end of each episode that you gain hope and encouragement in your financial journey, you’re equipped to take the next step, and that you’ve had FUN with us! 

Find the Monday Money Tip Podcast HERE. Please let us know what you think by leaving us a rating!

Email info@iwbnin.com to ask questions or share success stories.

NOW AVAILABLE TO DOWNLOAD:
iTunes
Stitcher
Spotify
Website
YouTube

About the Episode: 

  • Today, we’re answering: “I like knowing unique and weird hacks – things that are just plain cool to know. It’s true for money too. Do you have any ‘hacks’ or unique money strategies I should know about?”
  • In our Current Money Events segment, we’re sharing a story from my new book, 20/20 Money: Gaining Clarity for Your Financial Future.
  • Hear a success story from Alan, who was able to lower his credit card debt by switching to a 0% balance transfer credit card.

Resources:
Next Steps – Insurance
Pre-Sale: 20/20 Money
0% Balance Transfer Credit Cards
IWBNIN Ladder
Next Steps – Online Banks
Early Pay-Off Debt Calculator
Bigger Pockets Podcast