How Real Estate Helped This Multimillionaire Dad Build Wealth – with Doc G

Investing in real estate can feel intimidating when you’re just getting started. You hear stories of people who’ve amassed their wealth by investing in dozens or hundreds of rental properties. The prospect of owning so many properties can feel more stressful than hopeful.

Our guest today, Doc G, shares why we don’t need countless rentals to feel financially comfortable. As a physician, he’s been able to invest his day job income in just a few rentals that provide his family with consistent cash flow.

Continue reading “How Real Estate Helped This Multimillionaire Dad Build Wealth – with Doc G”

Why Young Parents Should Pay Off Their Mortgage Early – with Colin Murphy

How would you like to own your home outright?

What would it feel like to never make a mortgage payment ever again?

For our Mortgage Freedom series, we’re interviewing Colin Murphy who eliminated his mortgage in less than five years. Colin is a father, a husband, and a Chicago native. He’s going to let us peek inside and see how he made this monumental feat happen.

Continue reading “Why Young Parents Should Pay Off Their Mortgage Early – with Colin Murphy”

7 Dreams That Can Come True When You’re Debt Free

For the young couples and parents that are reading this, I think it’s safe to say that a whole bunch of you are looking for a little more freedom and fun in your lives. And I truly believe that when you become debt free, you will experience that freedom. You’ll also experience a reduction of stress like you never have before.

I know that me just spouting off words and phrases like “debt freedom” or “stress reduction” may not motivate you to jump out of you seat and start crushing debt. But perhaps if we get a little more specific together, it may just do the trick.

Here are 7 dreams that can come true when you’re debt free:

Continue reading “7 Dreams That Can Come True When You’re Debt Free”

How “No Spend Challenges” Helped One Woman Eliminate $78,000 of Debt – with Jen Smith

With nearly 80% of Americans living paycheck to paycheck, most of us could use some help with saving a bit more.

Our guest today, Jen Smith, is going to show us how. Jen and her husband paid off $78,000 of debt in just under two years. A huge factor in their success was taking advantage of “No Spend Challenges”.

These challenges encourage you to halt all “personal spending” for a set period of time. This cold turkey approach could be an excellent solution for a large population of our country right now.

Continue reading “How “No Spend Challenges” Helped One Woman Eliminate $78,000 of Debt – with Jen Smith”

Improving the Lives of Kids in Foster Care – with Together We Rise

For our “Big Give” segment this month, we are featuring Together We Rise, a nonprofit organization dedicated to transforming the way youth navigate through the foster care system in America. I’ve invited the Donor Relations Manager, Steven Macias, to tell us more about the organization.

We’re also going to discuss the state of foster care in our country.

Continue reading “Improving the Lives of Kids in Foster Care – with Together We Rise”

Why It’s Okay to Have a Credit Card When You’re Debt Free

Our second question of the month comes in from Amanda from Cleveland!

Hi! I had a question about credit cards and travel rewards.

My husband and I have no credit cards and we’ve paid off all of our debt except our mortgage. We’re looking to go to Hawaii for our 10-year anniversary and didn’t know if there was a credit card that we should sign up for to help us redeem more travel rewards.

We’re also not sure if getting a credit card is a good thing to do since we haven’t had them for a while.

Should we get a new credit card for the rewards or just pay with cash?

Continue reading “Why It’s Okay to Have a Credit Card When You’re Debt Free”

15 Ways to Save More Money When You’re Living Paycheck to Paycheck

Our question of the month comes in from Anonymous … we’ll just call her Jane Dough:

Andy! Help!

We make $120,000 per year, but we spend nearly all of it. We want to get rid of our student loans, but there’s just no money left at the end of the month. And retirement … we’re so behind.

We’re married, we have one kid and another on the way. Daycare is crazy expensive. We want to fix our money situation, but don’t know where we can save money.

What can we do to save more money?

Jane

Continue reading “15 Ways to Save More Money When You’re Living Paycheck to Paycheck”

Transforming Education to Give Our Kids a Better Future – with Emma Perez

Our kid’s education is important. The time they spend in school can help them determine their plans for college and their future careers.

But is our kid’s school situation the best it can be? Are they really learning? Are we actually preparing them for current global economy?

According to our guest today, time’s are changing and our school system needs to change as well.

Emma Perez joins us today and we’re going to discuss transformation education and how our kids can thrive and live happy lives.

Continue reading “Transforming Education to Give Our Kids a Better Future – with Emma Perez”

How Refinancing and Loan Forgiveness Can Help Your Big Student Debt Problem – with Travis Hornsby

With our country currently drowning in $1.5 Trillion of student debt, it’s fair to say we have a big problem on our hands. This problem is hitting home as well. Couples are delaying marriage, delaying having a baby and even strategically getting divorced to lessen the burden of their student loans.

If you’re listening to this, you may just be one of the many Americans that’s feeling like they are completely under water with these loans.

Well today, I have a very special guest who’s going to talk with us about our options for getting rid of these loans the right way. Travis Hornsby from Student Loan Planner shares how refinancing and student loan forgiveness may be our tickets to student debt freedom.

Continue reading “How Refinancing and Loan Forgiveness Can Help Your Big Student Debt Problem – with Travis Hornsby”

Sinking Funds: The Secret to a Successful Budget

Hello all! Andy Hill here …  We have a new guest post from personal finance writer Amy Beardsley from Early Morning Money. Amy is a self-described money geek that is obsessed with simplifying money and breaking free from the burden of debt. Her article below shares why we all need sinking funds in our budgets to help us create that freedom we desire. Enjoy!

When it comes to your family’s finances, you already know you need an emergency fund to protect you from a job layoff or major medical illness. But what about all of those little expenses that come up year after year, like car insurance, Christmas, or your annual family vacation?

That’s what sinking funds are for, and they’re the secret to a successful budget.

When money is tight, or you’re working on a big debt-payoff goal, covering all of your expenses is key to making it work. With sinking funds, you can easily stick to your budget even when faced with costs that don’t come up that often. Here’s how to get started.

Continue reading “Sinking Funds: The Secret to a Successful Budget”