MONDAY MONEY TIP PODCAST: Investment Fees

In Episode 22 of The Monday Money Tip Podcast, Joe and Megan continue the discussion on the topic of investing. Joe answers the featured question of the week about what types of fees are acceptable on investment accounts and give other important investment information. You will also hear a success story about a couple that paid off $45,000 in credit card debt. They did it and you can too!

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 a 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!

NOW AVAILABLE TO DOWNLOAD:
iTunes
Stitcher
Spotify
Website

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

Show Notes

About the Episode:

  • Hear Joe answer the question, “I have investments and pay 1.35% in fees. What do you consider to be an acceptable amount to pay in fees? Should I ditch this investment for something lower cost?”
  • In our Current Money Events segment, Joe will share how you can make sure that you are prepared for your Christmas spending.
  • Hear how a budget helped a couple pay off $45,000 in credit card debt.

Resources:
IWBNIN Tools
Christmas Mini-Budget
Joe’s Current Investments
IWBNIN Ladder
Oxen Book
Net Worth Calculator

Quote of the Day: “There is no harvest if you do not invest.” – Joe Sangl

Links:
Vanguard
Charles Schwab

 

MONDAY MONEY TIP PODCAST: Making a Good Investment

The Monday Money Tip Podcast is back! Investing can be such a complicated venture so this week, Joe is sharing how he determines if an investment is a good deal or not. For those who are new to investing, Joe has some helpful mobile apps that you can download to learn more of the basics of investing. In addition, Megan shares a success story from someone who went from hopeless on her money journey to hopeful.

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 a 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!

NOW AVAILABLE TO DOWNLOAD:
iTunes
Stitcher
Spotify
Website

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

Show Notes

About the Episode:

  • Hear Joe answer the question, “What things do you look at when investing to determine if it looks like a good deal or not?” He explains his process in looking at things such as the companies profitability and price to earnings ratio.
  • Get some important information about mortgage rates and bank savings rates.
  • Megan shares a success story about a person that found hope in their money journey.
  • Joe shares some helpful tools that you can use if you are new to investing and want to learn more before diving in head first.

Resources:
IWBNIN Tools
Online Savings Accounts
Oxen Book
Joe’s Investments

Quote of the Day:
“There is no harvest if you do not invest.” – Joe Sangl

Links
Yahoo Finance
CNN Money
Charles Schwab
Robin Hood
Acorns

 

MONDAY MONEY TIP PODCAST: 5 Basics of Investing

Have you ever felt completely overwhelmed by the thought of investing? Are you confused as to where to start? If so, you’re certainly not alone. In Episode 20 of the Monday Money Tip Podcast, we’re here to give you 5 Basic Steps to Investing that you can implement TODAY! In today’s podcast, you’ll be sure to walk away with more than just one money tip!

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 a 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!

NOW AVAILABLE TO DOWNLOAD:
iTunes
Stitcher
Spotify
Website

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

Show Notes

About the Episode:

  • Joe gives some practical ways to start investing.
  • Joe explains the concept of 5 Year Buckets and how it relates to investing.
  • Hear a success story from a couple who is on their way up the I Was Broke. Now I’m Not. Ladder and are beginning their own investments.
  • Joe explains how compound interest doesn’t always have to work against you. It can actually be your new best friend!

Resources
IWBNIN Ladder
5 Basics to Investing Blog
Joe’s Current Investments
The CashFlow Quadrant
The Automatic Millionaire
The Wealthy Barber

Quote of the Day: “OCTOBER: This is one of the peculiarly dangerous months to speculate in stocks.  The others are July, January, September, April, November, May, March, June, December, August, and February.” – Mark Twain

 

 

MONDAY MONEY TIP PODCAST: Is All Debt Bad?

Welcome to this week’s edition of the Monday Money Tip Podcast! This week, my co-host, Megan Hibbard and I are discussing debt and if there is a such thing as good debt. We also have some interesting statistics for you from the Motley Fool in regards to the average American and their finances and a success story from a woman who now has a net worth of $1,000,000. Make sure you tune in to get your tip today!

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 a 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!

NOW AVAILABLE TO DOWNLOAD:
iTunes
Stitcher
Spotify
Website

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

Show Notes

About the Episode:

  • Joe answers the question, “I have debt but is there a such thing as good debt or is all debt bad?”
  • Joe shares some interesting statistics from the Motley Fool.
  • Hear a success story about a woman who started using our tactics 8 years ago and now has a net worth of $1,000,000.
  • Joe shares a tool that can be useful for you in your financial journey.

Resources:
Motley Fool Article
Credit Sesame
Credit Karma

Quote of the Day: “Build financial margin up during PEAK times so it can help cover you during WEAK times.” -Joe Sangl

 

MONDAY MONEY TIP PODCAST: How to Handle Marriage & Money

It’s time for the latest episode of the Monday Money Tip Podcast! This week, we are on Episode 17 of our podcast and we have important tips for you regarding Marriage and Money. We will be talking more about how to handle your finances when you have a non-participating spouse. In addition, we have some other information about the costs of raising a child.

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 a 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!

NOW AVAILABLE TO DOWNLOAD:
iTunes
Stitcher
Spotify
Website

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

Show Notes

About the episode:

  • Joe shares staggering statistics about the cost of raising a child to age 18.

  • Hear a success story about a couple who was ready to throw in the towel but remained faithful during their process.
  • Megan has some quiet ways that you can win with your money even with a non-participating spouse.
  • Get some tips from Joe about good ways that you can talk to your spouse about your hopes and dreams.

Resources:
Successfully Manage Money With A Non-Participating Spouse eBook

Quote of the Day:
“I can do all things through Christ who strengthens me.” – Philippians 4:13

Links
MMT Podcast Episode 2 – Known, Upcoming Expenses
Cost of Raising a Child
Saving Spectaculars