Money Plan SOS - Personal Finance for Everday Americans

RedCircle VERIFY_TOKEN_413d7adc-45b7-4463-a240-9fe44adcb00d -- Rendered At Wed, 22 Apr 2026 06:10:33 +0000 Money Plan SOS - Personal Finance for Everday Americans https://redcircle.com/shows/money-plan-sos-personal-finance-for-everday-americans en © Steve Stewart Podcast Productions Steve Stewart Pay attention - not interest. For most, that's all it takes to get their money under control. That's how my wife and I got out of debt completely - EVEN THE MORTGAGE! And you can too! Join me as I share some extreme-but-proven ways for how money really works. The show isn't just about making a Money Plan (aka: a budget). Steve also explains what's really wrong with credit cards and credit scores (spoiler alert: It's not what you think). You'll also learn about rich habits, how various investing vehicles work, and how you can have no debt, no credit, and no problems! The show is retired, but still relevant in today's radically changing financial world. Begin with Episode 201, then go back and listen to the archives in your favorite podcast app! Money Plan SOS is the response to the call for help with your finances. 413d7adc-45b7-4463-a240-9fe44adcb00d episodic no Steve Stewart moneyplansos@gmail.com

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no full 25 Years of Paying Attention, Not Interest: Where Did That Get Us? 25 Years of Paying Attention, Not Interest: Where Did That Get Us? 202 Steve Stewart It's been 15 years since the launch of this podcast, and 25 years since my wife and I started doing life together. A lot has changed in 25 years! In this episode, I share: How compounding has made my wife & I millionaires despite crashes How we qualified for a big honkin' mortgage on only my self-employed income and WITHOUT a traditional credit score or manual underwriting And the 1 thing I should have done better For full show notes and resources mentioned, go to https://moneyplansos.com/202 It's been 15 years since the launch of this podcast, and 25 years since my wife and I started doing life together. A lot has changed in 25 years! In this episode, I share: How compounding has made my wife & I millionaires despite crashes How we qualified for a big honkin' mortgage on only my self-employed income and WITHOUT a traditional credit score or manual underwriting And the 1 thing I should have done better For full show notes and resources mentioned, go to https://moneyplansos.com/202 d467f9a7-358a-4afd-9e18-d5ea49baabc5 https://moneyplansos.com/202 Sun, 23 Nov 2025 08:00:00 +0000 2675 no full The BEST (and worst) of the Money Plan SOS Podcast The BEST (and worst) of the Money Plan SOS Podcast 201 Steve Stewart Welcome! If you are new to the Money Plan SOS podcast then sit back. I'll share with you the 20 best episodes, 10 "staple" episodes, and the 13 worst episodes. I also share my journey through money over the past two decades. The full show notes are at https://moneyplansos.com/best-and-worst-of-money-plan-sos Welcome! If you are new to the Money Plan SOS podcast then sit back. I'll share with you the 20 best episodes, 10 "staple" episodes, and the 13 worst episodes. I also share my journey through money over the past two decades. The full show notes are at https://moneyplansos.com/best-and-worst-of-money-plan-sos f12e1846-326e-4133-a256-d6f5bb453dd5 https://moneyplansos.com/best-and-worst-of-money-plan-sos Mon, 23 Nov 2020 07:00:00 +0000 3539 no full What People Learned About Money By Blogging About Money What People Learned About Money By Blogging About Money 200 Steve Stewart #200: The MoneyPlan SOS podcast is now retired with this final episode. It was recorded LIVE at FinCon15 with nine bloggers who learned about money while blogging about money. In this final episode, nine financial bloggers answer the question, "Have you learned anything about money since blogging about money?" Eric Rosenberg (Narrow Bridge Media) Emily Guy Birken (Wisebread, Book: 5 Years Before You Retire) Katie Austin (Writes for ActiveHours.com) Todd Tresidder (FinancialMentor.com) Stefanie O'Connell (The Broke and Beautiful Life) Athena Lent (Being Fabulous Has No Price Tag) Miranda Marquit (Planting Money Seeds) JD Roth (Get Rich Slowly, new blog MoneyBoss.com) Eva Baker (TeensGotCents.com) _____________________________ The MoneyPlan SOS podcast is now retired #tear This was the final episode of the Money Plan SOS podcast. Why? Somehow, I became known in the FinCon community as a podcast guru (they even gave me a shirt that said FinCon Podcast Guru on the front). This pivot into a new career allows me to help others who podcast about financial literacy topics by editing/engineering their recordings. My new home-base is SteveStewart.me Thank you for being a listener. It's been a true honor to host this show and help anyone who will listen PAY ATTENTION - NOT INTEREST! #200: The MoneyPlan SOS podcast is now retired with this final episode. It was recorded LIVE at FinCon15 with nine bloggers who learned about money while blogging about money. In this final episode, nine financial bloggers answer the question, "Have you learned anything about money since blogging about money?" Eric Rosenberg (Narrow Bridge Media) Emily Guy Birken (Wisebread, Book: 5 Years Before You Retire) Katie Austin (Writes for ActiveHours.com) Todd Tresidder (FinancialMentor.com) Stefanie O'Connell (The Broke and Beautiful Life) Athena Lent (Being Fabulous Has No Price Tag) Miranda Marquit (Planting Money Seeds) JD Roth (Get Rich Slowly, new blog MoneyBoss.com) Eva Baker (TeensGotCents.com) _____________________________ The MoneyPlan SOS podcast is now retired #tear This was the final episode of the Money Plan SOS podcast. Why? Somehow, I became known in the FinCon community as a podcast guru (they even gave me a shirt that said FinCon Podcast Guru on the front). This pivot into a new career allows me to help others who podcast about financial literacy topics by editing/engineering their recordings. My new home-base is SteveStewart.me Thank you for being a listener. It's been a true honor to host this show and help anyone who will listen PAY ATTENTION - NOT INTEREST! 90f8c327541d161fd8631b189db8a62e https://moneyplansos.com/what-people-learned-about-money-by-blogging-about-money/ Wed, 23 Sep 2015 20:12:16 +0000 1812 no full Is Tithing Mandatory? Chris Brown from True Stewardship on Giving a Tithe Is Tithing Mandatory? Chris Brown from True Stewardship on Giving a Tithe 199 Steve Stewart #199: Is tithing mandatory for Christians? Chris Brown and I discuss this to get to the root of the problem - which has little to do with ten percent. Chris Brown has been a pastor for several years, speaking to congregations and audiences all over the United States. In this episode, Chris and I tackle this touchy subject of tithing: What is a tithe? Who is called to give a tithe? What about the "Old Testament vs New Testament" argument around giving a tithe? Are we asked to give a tithe based on the gross or net of our paychecks? Full show notes at https://moneyplansos.com/chris-brown-from-true-stewardship-is-tithing-mandatory-for-christians Connect with Chris Brown online: http://Twitter.com/chrisbrownonair http://Facebook.com/chrisbrownonair http://Instagram.com/chrisbrownonair Also in this episode: Ponda from the Honda: If a Billionaire doesn't have to buy a new car then why do we? Where is MoneyPlanSOS going? UPDATE: The MoneyPlan SOS podcast retired after episode 200. Steve is now editing podcasts for others in the personal finance genre, and he's still paying attention - not interest! #199: Is tithing mandatory for Christians? Chris Brown and I discuss this to get to the root of the problem - which has little to do with ten percent. Chris Brown has been a pastor for several years, speaking to congregations and audiences all over the United States. In this episode, Chris and I tackle this touchy subject of tithing: What is a tithe? Who is called to give a tithe? What about the "Old Testament vs New Testament" argument around giving a tithe? Are we asked to give a tithe based on the gross or net of our paychecks? Full show notes at https://moneyplansos.com/chris-brown-from-true-stewardship-is-tithing-mandatory-for-christians Connect with Chris Brown online: http://Twitter.com/chrisbrownonair http://Facebook.com/chrisbrownonair http://Instagram.com/chrisbrownonair Also in this episode: Ponda from the Honda: If a Billionaire doesn't have to buy a new car then why do we? Where is MoneyPlanSOS going? UPDATE: The MoneyPlan SOS podcast retired after episode 200. Steve is now editing podcasts for others in the personal finance genre, and he's still paying attention - not interest! 8acd304622c22a6c6a51816bde997c2f https://moneyplansos.com/chris-brown-from-true-stewardship-is-tithing-mandatory-for-christians/ Thu, 03 Sep 2015 22:45:40 +0000 2220 no full The 8 Great Mistakes of Investing. Also, Fractional Savings Accounts The 8 Great Mistakes of Investing. Also, Fractional Savings Accounts 198 Steve Stewart #198: OG (aka The Other Guy from Stacking Benjamins) joins me to share the 8 Great Mistakes in Investing Full show notes at https://moneyplansos.com/8-great-mistakes-of-investing-and-fractional-savings-accounts/ The 8 Great Mistakes of Investing are: Under-diversification Over-diversification Euphoria Panic Leverage Speculating Investing for yield and not total return Cost basis dictating decision Thanks to OG for coming over. You can find him at http://StackingBenjamins.com - my favorite podcast. Also mentioned in this episode: The Great Beanie Baby Bubble by Zac Bissonnette. Amazing stuff! Here's the Stacking Benjamins affiliate link: http://amazon.com/dp/B00INIXVPW/?tag=thefreefinanc-20 __________________________________________________ Steve Stewart's Budget Coaching Course on video: Http://moneyplansos.com/start __________________________________________________ Ponda from the Honda: SPEND IT ALL (sort of) __________________________________________________ Fractional and Automated Savings Accounts - are they a good idea? Deanna Richardson from Richardson Accounting and Consulting, PLLC @ theCPA-4U.com asked "Have you heard of Digit? Seems like a great way to build up an emergency fund and....it says it is free. Then their are bonuses for keeping $100 in it over 3 months. If I did my math right, the bonuses are over 2.5% interest (5 cents / week per $100). Would love to hear what you think." I tackle these new fractional, or automatic, savings accounts: Acorns, Digit and Betterment's SmartDollar Links: ACORNS Open an account: https://www.acorns.com or install the free IOS or Android app Listen to my interview with the creators of Acorns http://SteveStewart.me/161 DIGIT Open an account: https://digit.co Testimony from Paula Pant (which kinda concerns me) http://blog.digit.co/post/126333490654/we-are-digit-featuring-paula-pant-meet-our BETTERMENT'S SMARTDEPOSIT Open an account: http://moneyplansos.com/betterment More information: https://www.betterment.com/resources/inside-betterment/product-news/smartdeposit-auto-deposit-but-smarter ______________________________________ #198: OG (aka The Other Guy from Stacking Benjamins) joins me to share the 8 Great Mistakes in Investing Full show notes at https://moneyplansos.com/8-great-mistakes-of-investing-and-fractional-savings-accounts/ The 8 Great Mistakes of Investing are: Under-diversification Over-diversification Euphoria Panic Leverage Speculating Investing for yield and not total return Cost basis dictating decision Thanks to OG for coming over. You can find him at http://StackingBenjamins.com - my favorite podcast. Also mentioned in this episode: The Great Beanie Baby Bubble by Zac Bissonnette. Amazing stuff! Here's the Stacking Benjamins affiliate link: http://amazon.com/dp/B00INIXVPW/?tag=thefreefinanc-20 __________________________________________________ Steve Stewart's Budget Coaching Course on video: Http://moneyplansos.com/start __________________________________________________ Ponda from the Honda: SPEND IT ALL (sort of) __________________________________________________ Fractional and Automated Savings Accounts - are they a good idea? Deanna Richardson from Richardson Accounting and Consulting, PLLC @ theCPA-4U.com asked "Have you heard of Digit? Seems like a great way to build up an emergency fund and....it says it is free. Then their are bonuses for keeping $100 in it over 3 months. If I did my math right, the bonuses are over 2.5% interest (5 cents / week per $100). Would love to hear what you think." I tackle these new fractional, or automatic, savings accounts: Acorns, Digit and Betterment's SmartDollar Links: ACORNS Open an account: https://www.acorns.com or install the free IOS or Android app Listen to my interview with the creators of Acorns http://SteveStewart.me/161 DIGIT Open an account: https://digit.co Testimony from Paula Pant (which kinda concerns me) http://blog.digit.co/post/126333490654/we-are-digit-featuring-paula-pant-meet-our BETTERMENT'S SMARTDEPOSIT Open an account: http://moneyplansos.com/betterment More information: https://www.betterment.com/resources/inside-betterment/product-news/smartdeposit-auto-deposit-but-smarter ______________________________________ a9317f6e45918dc663220b3927fa818c https://moneyplansos.com/8-great-mistakes-of-investing-and-fractional-savings-accounts/ Fri, 28 Aug 2015 13:50:08 +0000 4088 no full Matt Ham has Redefined Rich Matt Ham has Redefined Rich 197 Steve Stewart #197: Matt Ham is an author, speaker, and small business owner. Five words uttered by a nurse changed the way he looks at life - and inspired him to redefine rich. Full notes with links at https://moneyplansos.com/matt-ham-has-redefined-rich/ Takeaways from this interview: It's not how much you give - it's how you give it (The Widow's Mite) We shouldn't feel guilty to spend and, surprisingly enough, we feel richer when we give. Whole Life Matters Podcast: http://www.mattham.com/itunes Redefine Rich book - Available on Amazon.com in Kindle and paperback __________________________________ 3 important things to remember when buying a car This post first appeared on LibertyInvestor.com Transportation is the third largest budgeting expense for most people. Housing and taxes can consume up to half of the average American's income, with cars sucking up between 5-20 percent - depending on number of vehicles and if the consumer is carrying auto loans. However, you can greatly reduce your vehicle costs by remembering these three things when buying a car: It's transportation It's a depreciating asset It's not forever The way we get the biggest bang for our buck when we buy a car right is when we buy it outright. Pay off your current car loan quickly, save what used to be your car payment for the next one, and pay attention - not a lease payment. _____________________________________ 'Ponda from the Honda Free chips, salsa and bread sticks. What do they have to do with rising prices at local restaurants? _____________________________________ Are you tired of paying interest? Do you want to get control of your finances? Schedule a 30 minute consultation and let me help you make informed decisions on how you spend your values http://SteveStewart.me/coaching #197: Matt Ham is an author, speaker, and small business owner. Five words uttered by a nurse changed the way he looks at life - and inspired him to redefine rich. Full notes with links at https://moneyplansos.com/matt-ham-has-redefined-rich/ Takeaways from this interview: It's not how much you give - it's how you give it (The Widow's Mite) We shouldn't feel guilty to spend and, surprisingly enough, we feel richer when we give. Whole Life Matters Podcast: http://www.mattham.com/itunes Redefine Rich book - Available on Amazon.com in Kindle and paperback __________________________________ 3 important things to remember when buying a car This post first appeared on LibertyInvestor.com Transportation is the third largest budgeting expense for most people. Housing and taxes can consume up to half of the average American's income, with cars sucking up between 5-20 percent - depending on number of vehicles and if the consumer is carrying auto loans. However, you can greatly reduce your vehicle costs by remembering these three things when buying a car: It's transportation It's a depreciating asset It's not forever The way we get the biggest bang for our buck when we buy a car right is when we buy it outright. Pay off your current car loan quickly, save what used to be your car payment for the next one, and pay attention - not a lease payment. _____________________________________ 'Ponda from the Honda Free chips, salsa and bread sticks. What do they have to do with rising prices at local restaurants? _____________________________________ Are you tired of paying interest? Do you want to get control of your finances? Schedule a 30 minute consultation and let me help you make informed decisions on how you spend your values http://SteveStewart.me/coaching e000e284da38328f9660b926bfe2a75d https://moneyplansos.com/matt-ham-has-redefined-rich/ Fri, 21 Aug 2015 02:00:22 +0000 3419 no full The Ins-and-Outs of Robo-Investing - Interview with Jon Stein The Ins-and-Outs of Robo-Investing - Interview with Jon Stein 196 Steve Stewart #196: Jon Stein from Betterment and I discuss robo-advisors, why Betterment is so different, and what it takes to open an account. Use http://SteveStewart.me/Betterment to receive 30 days FEE FREE investing at Betterment Full show notes at https://moneyplansos.com/ins-and-outs-of-robo-investing-interview-with-betterments-jon-stein/ _______________________________________ M.J. Cossel wrote in about an article she read in the Dallas Morning News: Bad credit score can double insurance premiums in Texas My response: Yes. Poor credit scores equal higher insurance premiums - but that's only one consequence of not paying bills and debts on time. Make it a priority today to get your checkbook balanced, organize your finances, and pay attention - not ___________. If you want a sure-fire way to make every dollar work harder then get on a budget http://SteveStewart.me/ynab https://moneyplansos.com/virtual-budget-coaching-course-by-steve-stewart/ #196: Jon Stein from Betterment and I discuss robo-advisors, why Betterment is so different, and what it takes to open an account. Use http://SteveStewart.me/Betterment to receive 30 days FEE FREE investing at Betterment Full show notes at https://moneyplansos.com/ins-and-outs-of-robo-investing-interview-with-betterments-jon-stein/ _______________________________________ M.J. Cossel wrote in about an article she read in the Dallas Morning News: Bad credit score can double insurance premiums in Texas My response: Yes. Poor credit scores equal higher insurance premiums - but that's only one consequence of not paying bills and debts on time. Make it a priority today to get your checkbook balanced, organize your finances, and pay attention - not ___________. If you want a sure-fire way to make every dollar work harder then get on a budget http://SteveStewart.me/ynab https://moneyplansos.com/virtual-budget-coaching-course-by-steve-stewart/ 065eb5241572487bf475ca14b7453714 https://moneyplansos.com/ins-and-outs-of-robo-investing-interview-with-betterments-jon-stein/ Thu, 13 Aug 2015 19:33:24 +0000 3346 no full Less Taxes, More Money In Your Paycheck - Running a mid-year tax return can improve your cashflow Less Taxes, More Money In Your Paycheck - Running a mid-year tax return can improve your cashflow 195 Steve Stewart #195: Do you know why stories of people with $.32 refund checks are in the news? Because they are so rare! Most people want to get a big tax refund. Getting a huge refund is an extremely inefficient use of money - both for you and for the government. I recommend adjusting your withholding so you can bring more money home and put it towards your goals: High-interest rate debt Building up reserves Saving or investing Run a mid-year income tax assessment Making course corrections in August helps steer your tax withholdings closer to the target - which is to owe nothing or get a small refund. It's almost impossible to be exact, there are too many moving parts, but you can bring your tax-boat closer to the dock in the last few months of the year. Gather together the following items: Last year's tax return Last year's Schedule A (if you itemized deductions) Your last two pay stubs (include your spouse's as well) Note: If you have a small business or are an entrepreneur then you will need to run a Schedule-C calculation to estimate self-employment income. You may also want to see a tax professional. Also, you will want to estimate any: Child/Dependent Care expenses Expected bonuses Expected interest, dividends, etc I use tax preparation software to run my calculation but you could follow the prompts at the IRS website to complete a mid-year tax assessment: http://apps.irs.gov/app/withholdingcalculator/ If you expect a huge refund: You could choose to do nothing and continue giving the government more of your money, interest free, and get a huge refund April 15th. However, I recommend you increase the number of allowances on your W-4 and give it to your benefits department or HR person. They will adjust your withholding to get you closer to zero. If you would like help running this calculation then contact me and we will run through it together. Federal forms and resources mentioned in this episode: http://apps.irs.gov/app/withholdingcalculator/ http://www.irs.gov/pub/irs-pdf/fw4.pdf http://www.irs.gov/pub/irs-pdf/f1040sa.pdf http://www.irs.gov/pub/irs-pdf/f1040sc.pdf In the Ponda from the Honda segment Only 5.5 more payments to go $5 a week for 45 years at 10% growth is $228,000 See a chart in the show notes at http://SteveStewart.me/195 Try YNAB (You Need A Budget) for 34 days and receive 10% off if you keep it http://SteveStewart.me/YNAB #195: Do you know why stories of people with $.32 refund checks are in the news? Because they are so rare! Most people want to get a big tax refund. Getting a huge refund is an extremely inefficient use of money - both for you and for the government. I recommend adjusting your withholding so you can bring more money home and put it towards your goals: High-interest rate debt Building up reserves Saving or investing Run a mid-year income tax assessment Making course corrections in August helps steer your tax withholdings closer to the target - which is to owe nothing or get a small refund. It's almost impossible to be exact, there are too many moving parts, but you can bring your tax-boat closer to the dock in the last few months of the year. Gather together the following items: Last year's tax return Last year's Schedule A (if you itemized deductions) Your last two pay stubs (include your spouse's as well) Note: If you have a small business or are an entrepreneur then you will need to run a Schedule-C calculation to estimate self-employment income. You may also want to see a tax professional. Also, you will want to estimate any: Child/Dependent Care expenses Expected bonuses Expected interest, dividends, etc I use tax preparation software to run my calculation but you could follow the prompts at the IRS website to complete a mid-year tax assessment: http://apps.irs.gov/app/withholdingcalculator/ If you expect a huge refund: You could choose to do nothing and continue giving the government more of your money, interest free, and get a huge refund April 15th. However, I recommend you increase the number of allowances on your W-4 and give it to your benefits department or HR person. They will adjust your withholding to get you closer to zero. If you would like help running this calculation then contact me and we will run through it together. Federal forms and resources mentioned in this episode: http://apps.irs.gov/app/withholdingcalculator/ http://www.irs.gov/pub/irs-pdf/fw4.pdf http://www.irs.gov/pub/irs-pdf/f1040sa.pdf http://www.irs.gov/pub/irs-pdf/f1040sc.pdf In the Ponda from the Honda segment Only 5.5 more payments to go $5 a week for 45 years at 10% growth is $228,000 See a chart in the show notes at http://SteveStewart.me/195 Try YNAB (You Need A Budget) for 34 days and receive 10% off if you keep it http://SteveStewart.me/YNAB 6f701efa8cf074be75d2d9fb5f22eb1e https://moneyplansos.com/less-tax-more-money-in-your-paycheck/ Thu, 06 Aug 2015 12:35:07 +0000 2039 no full Ace Chapman Says Skip The Startup and Buy a Business Ace Chapman Says Skip The Startup and Buy a Business 194 Steve Stewart #194: Although he has an entrepreneur's heart, Ace doesn't believe anybody should start their own business. It is much easier and profitable to buy an existing business, improve it, and sell it for a profit. Full notes at https://moneyplansos.com/ace-says-skip-the-startups-and-buy-a-business/ Ace's book: The Ace Formula: How To Buy A Profitable Business and Live Life On Your Term LIKE A BOSS Find Ace at: http://acechapman.com Or Twitter: https://twitter.com/acechapman ______________________________ Don't worry about your credit score. Do what's RIGHT with your money. When it is time to prove your credit worthiness call on eCredable: http://MoneyPlanSOS.com/eCredable (free monthly membership with this code: SOS) #194: Although he has an entrepreneur's heart, Ace doesn't believe anybody should start their own business. It is much easier and profitable to buy an existing business, improve it, and sell it for a profit. Full notes at https://moneyplansos.com/ace-says-skip-the-startups-and-buy-a-business/ Ace's book: The Ace Formula: How To Buy A Profitable Business and Live Life On Your Term LIKE A BOSS Find Ace at: http://acechapman.com Or Twitter: https://twitter.com/acechapman ______________________________ Don't worry about your credit score. Do what's RIGHT with your money. When it is time to prove your credit worthiness call on eCredable: http://MoneyPlanSOS.com/eCredable (free monthly membership with this code: SOS) 561bc762d37eabf25fc9c14f3cb1bb11 https://moneyplansos.com/ace-says-skip-the-startups-and-buy-a-business/ Thu, 30 Jul 2015 08:30:00 +0000 3015 no full What You Need To Know About Self-Directed IRA's What You Need To Know About Self-Directed IRA's 193 Steve Stewart #193: Many people are being lured by the attractiveness of directing their own retirement plans. The trick is to do it right and have an asset, business, or income-producing entity that makes sense for YOUR retirement planning. Kirk Chisholm is a Wealth Manager, Economist, & Principal at IAG. He is also an expert of investing in alternative investments in self-directed IRA / 401k. Full notes at https://moneyplansos.com/what-you-need-to-know-about-self-directed-iras-mpsos193/ Key takeaways from our discussion: Self-directed IRAs are a great arrangements for making non-traditional items become tax-deferred investments There is no guidance for what you can put into a self-directed IRA There are some unusual things people have turned into self-directed IRA investments A 1031 exchange is not a self-directed IRA We learn where a wealth manager fits into an individual's self-directed IRA plan There is no certification for someone to become a self-directed IRA administrator Kirk encourages you to pick things you know well How taking one step back can make you feel a little bit richer <33:47> Stop Take a step backwards Close your eyes for 1 second Open your eyes Imagine your life 10 years ago and tell me you don't feel just a little bit richer Ponda from the Honda <42:09> She blew $20k of college savings on clothes and a European vacation. #193: Many people are being lured by the attractiveness of directing their own retirement plans. The trick is to do it right and have an asset, business, or income-producing entity that makes sense for YOUR retirement planning. Kirk Chisholm is a Wealth Manager, Economist, & Principal at IAG. He is also an expert of investing in alternative investments in self-directed IRA / 401k. Full notes at https://moneyplansos.com/what-you-need-to-know-about-self-directed-iras-mpsos193/ Key takeaways from our discussion: Self-directed IRAs are a great arrangements for making non-traditional items become tax-deferred investments There is no guidance for what you can put into a self-directed IRA There are some unusual things people have turned into self-directed IRA investments A 1031 exchange is not a self-directed IRA We learn where a wealth manager fits into an individual's self-directed IRA plan There is no certification for someone to become a self-directed IRA administrator Kirk encourages you to pick things you know well How taking one step back can make you feel a little bit richer <33:47> Stop Take a step backwards Close your eyes for 1 second Open your eyes Imagine your life 10 years ago and tell me you don't feel just a little bit richer Ponda from the Honda <42:09> She blew $20k of college savings on clothes and a European vacation. 92805d1a24ceb5528eec71e1a64fafe4 https://moneyplansos.com/what-you-need-to-know-about-self-directed-iras-mpsos193/ Thu, 23 Jul 2015 20:35:04 +0000 3059 no full Do Companies Check Credit Scores? Do Companies Check Credit Scores? 192 Steve Stewart #192: Kai used to be responsible for staffing at a firm. She knows first-hand what companies use to check on an applicant's background. While a company may check credit reports, they do not review credit scores. Once again, this is proof that the bare minimum to succeed in America is to simply pay your bills and debts on time. If you don't have any debts and don't have credit cards, you won't have a credit score. However, you will have a clean credit report - or no information for a credit report to be built upon. This does not prevent you from getting a job. UPDATE: My wife and I paid off our last debt, the home mortgage, in December 2015. Within 2 years, I no longer had a credit score. Does that mean I couldn't get a traditional job in corporate America? Of course not! Let my story be your testimony. Spend more time on your personal finances and less time trying to build your credit. In our conversation we discuss: Why Americans allow themselves to become trapped in debt How much responsibility do we place on the education system to teach children and young adults about financial literacy The truth about employers pulling credit scores or credit reports The 5 Dangers of Buying Cheap and "Splaving" For full notes, visit https://moneyplansos.com/splaving-and-do-employers-check-credit-scores-interview-with-kai-yaniz #192: Kai used to be responsible for staffing at a firm. She knows first-hand what companies use to check on an applicant's background. While a company may check credit reports, they do not review credit scores. Once again, this is proof that the bare minimum to succeed in America is to simply pay your bills and debts on time. If you don't have any debts and don't have credit cards, you won't have a credit score. However, you will have a clean credit report - or no information for a credit report to be built upon. This does not prevent you from getting a job. UPDATE: My wife and I paid off our last debt, the home mortgage, in December 2015. Within 2 years, I no longer had a credit score. Does that mean I couldn't get a traditional job in corporate America? Of course not! Let my story be your testimony. Spend more time on your personal finances and less time trying to build your credit. In our conversation we discuss: Why Americans allow themselves to become trapped in debt How much responsibility do we place on the education system to teach children and young adults about financial literacy The truth about employers pulling credit scores or credit reports The 5 Dangers of Buying Cheap and "Splaving" For full notes, visit https://moneyplansos.com/splaving-and-do-employers-check-credit-scores-interview-with-kai-yaniz 3a2edb30cb3f86ee9db87272cb662899 https://moneyplansos.com/splaving-and-do-employers-check-credit-scores-interview-with-kai-yaniz/ Fri, 17 Jul 2015 01:53:11 +0000 1993 no full Summer Jobs for Teachers and Destination Debt Freedom Summer Jobs for Teachers and Destination Debt Freedom 191 Steve Stewart #191: Heather van der Hoop from ThePennyHoarder.com comes on the show to offer these suggestions for creating an income - and many of them involve stretching your boundaries as a teacher. 1. Teach English as a Second Language' 2. Teach Abroad 3. Sell Your Lesson Plans Online 4. Work at a Summer Camp 5. Drive for Uber, Lyft or Sidecar 6. Rent Out Your Driveway 7. Rent Extra Space in Your House 8. Become a Local Tour Guide Destination Debt Freedom Alan Steinborn and Jackie Beck are spearheading this effort. They came on to explain the benefits and process for how the process works. Top 10 Financial Oxymorons I asked the Facebook Group Debt Freedom Fighters what they thought the Top 10 Financial Oxymorons were. The answers are hilarious. Full show notes can be found at https://moneyplansos.com/8-summer-jobs-for-teachers-and-destination-debt-freedom #191: Heather van der Hoop from ThePennyHoarder.com comes on the show to offer these suggestions for creating an income - and many of them involve stretching your boundaries as a teacher. 1. Teach English as a Second Language' 2. Teach Abroad 3. Sell Your Lesson Plans Online 4. Work at a Summer Camp 5. Drive for Uber, Lyft or Sidecar 6. Rent Out Your Driveway 7. Rent Extra Space in Your House 8. Become a Local Tour Guide Destination Debt Freedom Alan Steinborn and Jackie Beck are spearheading this effort. They came on to explain the benefits and process for how the process works. Top 10 Financial Oxymorons I asked the Facebook Group Debt Freedom Fighters what they thought the Top 10 Financial Oxymorons were. The answers are hilarious. Full show notes can be found at https://moneyplansos.com/8-summer-jobs-for-teachers-and-destination-debt-freedom 5210bf76b83fbb05fe287edc3940304b https://moneyplansos.com/8-summer-jobs-for-teachers-and-destination-debt-freedom/ Thu, 09 Jul 2015 08:00:00 +0000 2845 no full Inflation-Induced Debt Destruction with Jason Hartman Inflation-Induced Debt Destruction with Jason Hartman 190 Steve Stewart #190: Jason Hartman only wants mortgage debt - and he will take out as much as he possibly can. Full show notes at https://moneyplansos.com/inflation-induced-debt-destruction-with-jason-hartman/ Jason Hartman has been investing since he was 20 years old and learned how inflation is the enemy of home equity but the golden goose of real estate income property owners (my words, not his). We first have to understand how inflation plays into this investment strategy: Jason says he is playing the same game as governments and central banks to win the investing game. #190: Jason Hartman only wants mortgage debt - and he will take out as much as he possibly can. Full show notes at https://moneyplansos.com/inflation-induced-debt-destruction-with-jason-hartman/ Jason Hartman has been investing since he was 20 years old and learned how inflation is the enemy of home equity but the golden goose of real estate income property owners (my words, not his). We first have to understand how inflation plays into this investment strategy: Jason says he is playing the same game as governments and central banks to win the investing game. a30dcbeffcdc394512ac759ba2a56081 https://moneyplansos.com/inflation-induced-debt-destruction-with-jason-hartman/ Thu, 02 Jul 2015 10:00:00 +0000 3961 no full Which Half-Glass Investor Are You? Which Half-Glass Investor Are You? 189 Steve Stewart #189: Are you a Pessimist or Opportunist? Take this quiz to find out! Full notes at https://moneyplansos.com/which-half-glass-investor-are-you/ Topics covered in this episode: Pessimists, Opportunists, and the Half-Glass Investor Quiz How a GOOD credit score is all you need Ponda from the Honda Cool resource for your email: Wisestamp (support the show by using this link) http://SteveStewart.me/wisestamp #189: Are you a Pessimist or Opportunist? Take this quiz to find out! Full notes at https://moneyplansos.com/which-half-glass-investor-are-you/ Topics covered in this episode: Pessimists, Opportunists, and the Half-Glass Investor Quiz How a GOOD credit score is all you need Ponda from the Honda Cool resource for your email: Wisestamp (support the show by using this link) http://SteveStewart.me/wisestamp 69a10a381969b4665674e3b56ff07164 https://moneyplansos.com/which-half-glass-investor-are-you/ Fri, 26 Jun 2015 02:52:00 +0000 2220 no full Student Loans SUCK! A pleasant conversation with The Angry Grad Student Loans SUCK! A pleasant conversation with The Angry Grad 188 Steve Stewart #188: Leah Bell shares her story of growing $32k in student loan debt - and why it makes her angry! In this episode: Leah Bell, The Angry Grad, did what she thought everyone does: Goes to college to get a degree. What she didn't know was her chosen major narrowed her options just before the recession of 2008. Leah is now on a mission to educate others about education. We also check in with Jason from @Phroogal on #TheRoad To Financial Wellness (first appeared on Episode 186). John Beidel, from Episode 172, wrote a really funny article about Taxes. Yes, funny. Full notes at moneyplansos.com/188 #188: Leah Bell shares her story of growing $32k in student loan debt - and why it makes her angry! In this episode: Leah Bell, The Angry Grad, did what she thought everyone does: Goes to college to get a degree. What she didn't know was her chosen major narrowed her options just before the recession of 2008. Leah is now on a mission to educate others about education. We also check in with Jason from @Phroogal on #TheRoad To Financial Wellness (first appeared on Episode 186). John Beidel, from Episode 172, wrote a really funny article about Taxes. Yes, funny. Full notes at moneyplansos.com/188 eac14938294d5aef5edd4118c4e943a6 https://moneyplansos.com/a-pleasant-conversation-with-the-angry-grad/ Sat, 20 Jun 2015 15:39:02 +0000 2879 no full How Credit Cards Make Money - ON YOU! How Credit Cards Make Money - ON YOU! 187 Steve Stewart #187: An informed consumer is a better consumer. This episode will show how Credit Cards make money from processing fees. I also give a few tips for reducing fees and a new way to send a friend money for free. Full notes at https://moneyplansos.com/how-credit-cards-make-money/ Infographic with credit and debit card statistics: http://www.dailyinfographic.com/the-hidden-plastic-economy How Counting Can Work Even When Budgets Aren't Accurate: http://blog.myfitnesspal.com/why-tracking-works-even-if-calorie-counts-are-off/ Ponda from the Honda: Fight Big Business by Cutting Up Credit Cards #187: An informed consumer is a better consumer. This episode will show how Credit Cards make money from processing fees. I also give a few tips for reducing fees and a new way to send a friend money for free. Full notes at https://moneyplansos.com/how-credit-cards-make-money/ Infographic with credit and debit card statistics: http://www.dailyinfographic.com/the-hidden-plastic-economy How Counting Can Work Even When Budgets Aren't Accurate: http://blog.myfitnesspal.com/why-tracking-works-even-if-calorie-counts-are-off/ Ponda from the Honda: Fight Big Business by Cutting Up Credit Cards a1b64de9038d69fe86ba9fcd62de4f89 https://moneyplansos.com/how-credit-cards-make-money/ Fri, 05 Jun 2015 15:25:05 +0000 2160 no full Being Phroogal on the Road to Financial Wellness Being Phroogal on the Road to Financial Wellness 186 Steve Stewart #186: What could be better than taking a 30-day journey across the U.S. in a van? Full notes at https://moneyplansos.com/being-phroogal-on-the-road-to-financial-wellness-mpsos186/ Jason Vitug from Phroogal is leaving for a 30 day journey throughout the U.S. to promote financial wellness. Visit http://Phroogal.com/Road to find a location near you Also: Debit cards, auto-pay, bill-pay, and checks: There are multiple ways money can come out of our accounts. It's more important than ever to balance our checking account every month. I give 7 reasons to balance your account and 3 tips to make it easier. Ponda from the Honda: There is no single "right way" to do something Did you budget your summer vacation? My Virtual Budget Course can help you prioritize spending and discover how much money you have left for your next financial goal. http://moneyplansos.com/START #186: What could be better than taking a 30-day journey across the U.S. in a van? Full notes at https://moneyplansos.com/being-phroogal-on-the-road-to-financial-wellness-mpsos186/ Jason Vitug from Phroogal is leaving for a 30 day journey throughout the U.S. to promote financial wellness. Visit http://Phroogal.com/Road to find a location near you Also: Debit cards, auto-pay, bill-pay, and checks: There are multiple ways money can come out of our accounts. It's more important than ever to balance our checking account every month. I give 7 reasons to balance your account and 3 tips to make it easier. Ponda from the Honda: There is no single "right way" to do something Did you budget your summer vacation? My Virtual Budget Course can help you prioritize spending and discover how much money you have left for your next financial goal. http://moneyplansos.com/START 3b851284eaa7ac4287b4087d3129b954 https://moneyplansos.com/being-phroogal-on-the-road-to-financial-wellness-mpsos186/ Fri, 29 May 2015 13:35:41 +0000 2099 no full Protected - but not immune - to Card Fraud Protected - but not immune - to Card Fraud 185 Steve Stewart #185: It's impossible to be immune to card fraud, but you can reduce the opportunities of being a victim. In this episode I share steps you can take to use your Debit card responsibly and reduce the chance someone will steal your card. More information and full show notes with links can be found at https://moneyplansos.com/protected-but-not-immune-from-card-theft/ #185: It's impossible to be immune to card fraud, but you can reduce the opportunities of being a victim. In this episode I share steps you can take to use your Debit card responsibly and reduce the chance someone will steal your card. More information and full show notes with links can be found at https://moneyplansos.com/protected-but-not-immune-from-card-theft/ dc81872f4004fa734c99303d2041b26c https://moneyplansos.com/protected-but-not-immune-from-card-theft/ Thu, 21 May 2015 19:16:43 +0000 2459 no full What makes ID Theft companies worth the cost? What makes ID Theft companies worth the cost? 184 Steve Stewart #184: Identity theft is no joke - and it's on the rise! Should you pay for monitoring? Full show notes at https://moneyplansos.com/what-makes-id-theft-companies-worth-the-cost-mpsos184/ Keith Bunn of CavusFinancialCoaching.com compared four companies to see if their services are worth the cost. Also in this episode: 'Ponda from the Honda - My mailbox is wasting a lot of energy Upcoming webinars and recent appearances Testimony from a listener who learned risk vs reward from an engineering book #184: Identity theft is no joke - and it's on the rise! Should you pay for monitoring? Full show notes at https://moneyplansos.com/what-makes-id-theft-companies-worth-the-cost-mpsos184/ Keith Bunn of CavusFinancialCoaching.com compared four companies to see if their services are worth the cost. Also in this episode: 'Ponda from the Honda - My mailbox is wasting a lot of energy Upcoming webinars and recent appearances Testimony from a listener who learned risk vs reward from an engineering book 8887eb7de7c0e3598775546fed2a7711 https://moneyplansos.com/what-makes-id-theft-companies-worth-the-cost-mpsos184 Thu, 07 May 2015 15:09:55 +0000 1589 no full Pitting YNAB against EveryDollar [Budgeting Apps] Pitting YNAB against EveryDollar [Budgeting Apps] 183 Steve Stewart #183: Dave Ramsey announced his new budgeting software - EveryDollar. It is awesome - and have many similar features to YNAB (You Need A Budget). Which premium budgeting software is best for you? Let's compare the different features and methods to identify the right one for you. Also: Holla from the Impala is changing. Listen to all the reasons you shouldn't buy a car from a long distance. For more information, visit the show notes at https://moneyplansos.com/ynab-vs-everydollar-comparison #183: Dave Ramsey announced his new budgeting software - EveryDollar. It is awesome - and have many similar features to YNAB (You Need A Budget). Which premium budgeting software is best for you? Let's compare the different features and methods to identify the right one for you. Also: Holla from the Impala is changing. Listen to all the reasons you shouldn't buy a car from a long distance. For more information, visit the show notes at https://moneyplansos.com/ynab-vs-everydollar-comparison 3bca0d96ee64d9079f7f554eb24e8a19 https://moneyplansos.com/ynab-vs-everydollar-comparison/ Thu, 16 Apr 2015 06:28:26 +0000 3180 no full One Page Financial Plans and Cocktail Napkins - Interview with Carl Richards One Page Financial Plans and Cocktail Napkins - Interview with Carl Richards 182 Steve Stewart #182: Carl Richards was a ditch-digger, fell into a securities job, became a Certified Financial Planner, then became the Sketch Guy at the New York Times by drawing financial concepts on paper napkins. He released his second book, the One Page Financial Plan, and shares with us his journey from ditch-digger to NYTimes writer. For a more complete list of notes with pictures and links, go to https://moneyplansos.com/a-sketchy-background-to-one-page-financial-planner-interview-with-carl-richards/ #182: Carl Richards was a ditch-digger, fell into a securities job, became a Certified Financial Planner, then became the Sketch Guy at the New York Times by drawing financial concepts on paper napkins. He released his second book, the One Page Financial Plan, and shares with us his journey from ditch-digger to NYTimes writer. For a more complete list of notes with pictures and links, go to https://moneyplansos.com/a-sketchy-background-to-one-page-financial-planner-interview-with-carl-richards/ 67abb4575ab0185c200f74cb51bcf79c https://moneyplansos.com/a-sketchy-background-to-one-page-financial-planner-interview-with-carl-richards/ Wed, 08 Apr 2015 20:56:41 +0000 2685 no full Money Plan SOS ON FIRE with Joseph Michael Money Plan SOS ON FIRE with Joseph Michael 181 Steve Stewart #181: Joseph Michael is an average guy who saw a need and is now making 6-figures helping writers solve a problem. They love to use Scrivener - an incredible writing and organization tool - but had a hard time figuring out how to use it efficiently. Enter the Scrivener Coach. Joseph doesn't work for Scrivener but came up with an easy-to-follow, step-by-step video course that takes a lot of the guesswork out of the process. I've taken the course and am using Scrivener to create my Audacity Workshop (audio editing software I've been using for almost 15 years). You can find more about Joseph and his course at http://LearnScrivenerFast.com or follow him on Twitter @ScrivenerCoach Full show notes can be read at https://moneyplansos.com/joseph-michaels-moneyplan-on-fire/ I hope you enjoyed this April Fools Day episode. #181: Joseph Michael is an average guy who saw a need and is now making 6-figures helping writers solve a problem. They love to use Scrivener - an incredible writing and organization tool - but had a hard time figuring out how to use it efficiently. Enter the Scrivener Coach. Joseph doesn't work for Scrivener but came up with an easy-to-follow, step-by-step video course that takes a lot of the guesswork out of the process. I've taken the course and am using Scrivener to create my Audacity Workshop (audio editing software I've been using for almost 15 years). You can find more about Joseph and his course at http://LearnScrivenerFast.com or follow him on Twitter @ScrivenerCoach Full show notes can be read at https://moneyplansos.com/joseph-michaels-moneyplan-on-fire/ I hope you enjoyed this April Fools Day episode. 744bcc960b5bba54cf068ca4ff877c61 https://moneyplansos.com/joseph-michaels-moneyplan-on-fire/ Wed, 01 Apr 2015 03:00:00 +0000 1271 no full Dan Miller, helping people find the work they love for 10 years Dan Miller, helping people find the work they love for 10 years 180 Steve Stewart #180: The year 2015 marks the celebrates the 10th anniversary of Dan Miller's life-changing book "48 Days To The Work You Love". He joins me in a conversation about resumes, extra curricular activities, and creating your own career from nothing. Also, Debt Freedom Fighter Bob Lyons shares his success story of passing on a job opportunity, getting laid off, and then finding two companies battling for his employment - all without breaking a sweat because he was following a moneyplan. In the Holla From The Impala segment: I'll gladly pay more money if it gives me more time Read the full show notes at https://moneyplansos.com/dan-miller-helping-people-find-the-work-they-love-for-a-decade #180: The year 2015 marks the celebrates the 10th anniversary of Dan Miller's life-changing book "48 Days To The Work You Love". He joins me in a conversation about resumes, extra curricular activities, and creating your own career from nothing. Also, Debt Freedom Fighter Bob Lyons shares his success story of passing on a job opportunity, getting laid off, and then finding two companies battling for his employment - all without breaking a sweat because he was following a moneyplan. In the Holla From The Impala segment: I'll gladly pay more money if it gives me more time Read the full show notes at https://moneyplansos.com/dan-miller-helping-people-find-the-work-they-love-for-a-decade 7f850601119e0ddc37b6c262cbd080f8 https://moneyplansos.com/dan-miller-helping-people-find-the-work-they-love-for-a-decade/ Wed, 25 Mar 2015 15:40:07 +0000 2310 no full We're talking #BitCoin with @OpenBazaar (2015) We're talking #BitCoin with @OpenBazaar (2015) 179 Steve Stewart #179: What is BitCoin, how does it work and how can we get some? Brian Hoffman from OpenBazaar.org joins us to talk about this new payment option that will change the way we spend money - literally! Full show notes at https://moneyplansos.com/were-talking-bitcoin-with-openbazaar-mpsos179/ #179: What is BitCoin, how does it work and how can we get some? Brian Hoffman from OpenBazaar.org joins us to talk about this new payment option that will change the way we spend money - literally! Full show notes at https://moneyplansos.com/were-talking-bitcoin-with-openbazaar-mpsos179/ 515640c2db1d1a09dd7cab5168ebd9fd https://moneyplansos.com/were-talking-bitcoin-with-openbazaar-mpsos179/ Thu, 19 Mar 2015 01:41:04 +0000 3359 no full Spiritual Beliefs and our Behavior with Money (Interview with Joan Sotkin) Spiritual Beliefs and our Behavior with Money (Interview with Joan Sotkin) 178 Steve Stewart #178: Joan Sotkin has been through market upswings and personal bankruptcies - and she sees things as opportunities, not failures. You can find out more about Joan at ProsperityPlace.com Full show notes can be read at https://moneyplansos.com/interview-with-joan-sotkin-mpsos178 #178: Joan Sotkin has been through market upswings and personal bankruptcies - and she sees things as opportunities, not failures. You can find out more about Joan at ProsperityPlace.com Full show notes can be read at https://moneyplansos.com/interview-with-joan-sotkin-mpsos178 b6fd7343563421d9486748b47232e1a8 https://moneyplansos.com/interview-with-joan-sotkin-mpsos178/ Thu, 12 Mar 2015 06:19:41 +0000 3569 no full When She Makes More: Interview with Farnoosh Torabi When She Makes More: Interview with Farnoosh Torabi 177 Steve Stewart #177: Farnoosh Torabi is known for contributing to The Today Show and Money Magazine as well starting her own podcast - So Money. But today we are having a conversation with her about her most recent book: "When She Makes More: 10 Rules for Breadwinning Women" The book is written for the working woman who earns more in the workplace than her man. While the financial nerd in me appreciates all the statistics and studies included in the book, I also think men will benefit as much by reading "When She Makes More" as their female counterparts. For more, visit https://moneyplansos.com/when-she-makes-more-with-farnoosh Here are some of the questions Farnoosh answers during our conversation: * Are the old fashion rules of men bringing home the bacon wrong? * What do you see as the major cultural or economic shift that caused this world to change from men working outside of the home and women working at home but not in a traditional JOB? * How has this effected the family unit? * What is the first step for a couple where She Makes More do to balance the relationship and make it not so weird? * Do gender roles still play a part in a household where she makes more than her man? If you enjoyed this episode then send @Farnoosh a Tweet http://twitter.com/farnoosh #177: Farnoosh Torabi is known for contributing to The Today Show and Money Magazine as well starting her own podcast - So Money. But today we are having a conversation with her about her most recent book: "When She Makes More: 10 Rules for Breadwinning Women" The book is written for the working woman who earns more in the workplace than her man. While the financial nerd in me appreciates all the statistics and studies included in the book, I also think men will benefit as much by reading "When She Makes More" as their female counterparts. For more, visit https://moneyplansos.com/when-she-makes-more-with-farnoosh Here are some of the questions Farnoosh answers during our conversation: * Are the old fashion rules of men bringing home the bacon wrong? * What do you see as the major cultural or economic shift that caused this world to change from men working outside of the home and women working at home but not in a traditional JOB? * How has this effected the family unit? * What is the first step for a couple where She Makes More do to balance the relationship and make it not so weird? * Do gender roles still play a part in a household where she makes more than her man? If you enjoyed this episode then send @Farnoosh a Tweet http://twitter.com/farnoosh 2a3586fd5dcad382ab343730f4ed1868 https://moneyplansos.com/when-she-makes-more-with-farnoosh/ Tue, 17 Feb 2015 13:07:26 +0000 2422 no full Divorce-proof your marriage with more conversation, less bling Divorce-proof your marriage with more conversation, less bling 176 Steve Stewart #176: Derek and Carrie Olsen help us discover if a marriage can survive a foreclosure. Full show notes with links at https://moneyplansos.com/divorce-proof-your-marriage-by-going-through-a-foreclosure-mpsos176/ #176: Derek and Carrie Olsen help us discover if a marriage can survive a foreclosure. Full show notes with links at https://moneyplansos.com/divorce-proof-your-marriage-by-going-through-a-foreclosure-mpsos176/ 2a98d38d6934097919d6e09c2b618905 https://moneyplansos.com/divorce-proof-your-marriage-by-going-through-a-foreclosure-mpsos176/ Mon, 02 Feb 2015 19:14:56 +0000 3102 no full Debt Free Testimonies from the Gruetmans and Browns Debt Free Testimonies from the Gruetmans and Browns 175 Steve Stewart #175: The Greutmans are debt free and now employ Americans to run their small business - IAmThatLady.com. UPDATE: Lauren has launched a new business and can be found at https://www.laurengreutman.com The Browns just paid off their HOUSE! What are they most excited about? Listen to the testimonies of two families with different reasons for killing their debt - and what it has done for them. Also in this episode: Holla From The Impala - The ONLY benefit from paying interest. Read the full show notes at https://moneyplansos.com/debt-free-testimonies-from-the-greutmans-and-browns #175: The Greutmans are debt free and now employ Americans to run their small business - IAmThatLady.com. UPDATE: Lauren has launched a new business and can be found at https://www.laurengreutman.com The Browns just paid off their HOUSE! What are they most excited about? Listen to the testimonies of two families with different reasons for killing their debt - and what it has done for them. Also in this episode: Holla From The Impala - The ONLY benefit from paying interest. Read the full show notes at https://moneyplansos.com/debt-free-testimonies-from-the-greutmans-and-browns 9097250d9322613bf8f7cb1d7694cf9a https://moneyplansos.com/debt-free-testimonies-from-the-greutmans-and-browns/ Tue, 27 Jan 2015 06:27:00 +0000 3192 no full Happy New "You" Year (2015) Happy New "You" Year (2015) 174 Steve Stewart #174: UPDATE: Even bigger changes came since releasing this episode in 2015. In short: My business failed to grow but a new one EXPLODED in the first half of 2016. You can see what I'm doing now at https://SteveStewart.me _______________________________________ ORIGINAL POST: Big changes are coming my way - and yours. Listen to my plans to leave the day job, focus all my time on helping others get out of debt and build wealth. I also have a discussion with my Branding Coach, Ryan Rhoten. He's amazing and has become the most valuable resource I've ever had in my business. Take the Online Branding Assessment at http://RyanRhoten.com/Coaching Say hi to Ryan on Twitter: http://Twitter.com/RyanRhoten #174: UPDATE: Even bigger changes came since releasing this episode in 2015. In short: My business failed to grow but a new one EXPLODED in the first half of 2016. You can see what I'm doing now at https://SteveStewart.me _______________________________________ ORIGINAL POST: Big changes are coming my way - and yours. Listen to my plans to leave the day job, focus all my time on helping others get out of debt and build wealth. I also have a discussion with my Branding Coach, Ryan Rhoten. He's amazing and has become the most valuable resource I've ever had in my business. Take the Online Branding Assessment at http://RyanRhoten.com/Coaching Say hi to Ryan on Twitter: http://Twitter.com/RyanRhoten bfb711ec4b1be98579ddbe9470c09f60 https://moneyplansos.com/happy-brand-new-you-year-mpsos174/ Thu, 08 Jan 2015 01:58:52 +0000 3210 no full Businesses offer more savings by asking Debit or Credit Businesses offer more savings by asking Debit or Credit 173 Steve Stewart #173: The sign on their front door says "No Credit Cards". How can such a large chain exist without accepting credit cards? Clint Woodman, Vice President of Woodman's Food Market, shares the business side of accepting credit cards as a business and why they never have and never will accept credit cards - for the good of their customers! Also, Gary Leland talks about Stripe, a mobile and web payment option, and why he chooses to use a wireless credit card processing machine instead. For more, visit https://moneyplansos.com/businesses-offer-more-savings-by-asking-debit-or-credit-mpsos173 #173: The sign on their front door says "No Credit Cards". How can such a large chain exist without accepting credit cards? Clint Woodman, Vice President of Woodman's Food Market, shares the business side of accepting credit cards as a business and why they never have and never will accept credit cards - for the good of their customers! Also, Gary Leland talks about Stripe, a mobile and web payment option, and why he chooses to use a wireless credit card processing machine instead. For more, visit https://moneyplansos.com/businesses-offer-more-savings-by-asking-debit-or-credit-mpsos173 e73e05f5142356278d1773ef09ccae8d https://moneyplansos.com/businesses-offer-more-savings-by-asking-debit-or-credit-mpsos173/ Mon, 22 Dec 2014 12:00:00 +0000 1689 no full 15 Year-end Tax Tips - Conversation with John Beidel 15 Year-end Tax Tips - Conversation with John Beidel 172 Steve Stewart #172: Tax specialist, John Beidel, joins me in a discussion about 15 Year-end Tax Saving Tips - an article from Betterment.com. Try Betterment for 30 days when using http://moneyplansos.com/betterment For more information, visit the show notes at https://moneyplansos.com/year-end-tax-tips-conversation-with-john-beidel-mpsos172/ #172: Tax specialist, John Beidel, joins me in a discussion about 15 Year-end Tax Saving Tips - an article from Betterment.com. Try Betterment for 30 days when using http://moneyplansos.com/betterment For more information, visit the show notes at https://moneyplansos.com/year-end-tax-tips-conversation-with-john-beidel-mpsos172/ 223b9fdb98fa711c7af8fe0331df690f https://moneyplansos.com/year-end-tax-tips-conversation-with-john-beidel-mpsos172 Fri, 12 Dec 2014 19:29:53 +0000 3179 no full Retirement Limits for 2015 and the Debtors Anonymous Quiz Retirement Limits for 2015 and the Debtors Anonymous Quiz 171 Steve Stewart #171: New retirement contribution and income limits for 2015 have been released by the IRS. Take the Debtor's Anonymous Quiz - 15 questions to help identify compulsive debtors. The perfect credit score has been achieved. How much will it cost YOU? Instead of a segment of Holla from the Impala I present to you: Audioblog while walking the dog I was interviewed by Mint.com. Read about the Convenience Economy and my trick to keep couples at the budgeting table (and you probably have a bottle laying around) For more information, visit the show notes at https://moneyplansos.com/2015-retirement-contribution-and-income-limits-and-the-debtors-anonymous-quiz/ #171: New retirement contribution and income limits for 2015 have been released by the IRS. Take the Debtor's Anonymous Quiz - 15 questions to help identify compulsive debtors. The perfect credit score has been achieved. How much will it cost YOU? Instead of a segment of Holla from the Impala I present to you: Audioblog while walking the dog I was interviewed by Mint.com. Read about the Convenience Economy and my trick to keep couples at the budgeting table (and you probably have a bottle laying around) For more information, visit the show notes at https://moneyplansos.com/2015-retirement-contribution-and-income-limits-and-the-debtors-anonymous-quiz/ d3923214865577727915fcbb68db9b0f https://moneyplansos.com/2015-retirement-contribution-and-income-limits-and-the-debtors-anonymous-quiz/ Thu, 04 Dec 2014 05:36:50 +0000 2102 no full 9 Ways To Curb An Addiction To Shopping 9 Ways To Curb An Addiction To Shopping 170 Steve Stewart #170: I'm answering listener emails: Patti emailed her concerns about "filling a void" by purchasing things she doesn't need and I answer the question "Should I pay off my $55k mortgage with savings?" For more information, visit the show notes at https://moneyplansos.com/ways-to-curb-an-addiction-to-shopping-mpsos170/ #170: I'm answering listener emails: Patti emailed her concerns about "filling a void" by purchasing things she doesn't need and I answer the question "Should I pay off my $55k mortgage with savings?" For more information, visit the show notes at https://moneyplansos.com/ways-to-curb-an-addiction-to-shopping-mpsos170/ 06fdd33532dc3d713d045a9701db2373 https://moneyplansos.com/ways-to-curb-an-addiction-to-shopping-mpsos170/ Thu, 20 Nov 2014 13:32:24 +0000 2489 no full Financial Rules, Frugal Decisions, and Henry Rollins tells a debt free story Financial Rules, Frugal Decisions, and Henry Rollins tells a debt free story 169 Steve Stewart #169: Henry Rollins tells a debt free story. In the episode titled "10 things you don't know about the almighty dollar" he tells a debt free story about America. It appears that Andrew Jackson was the first and only President to pay off all of America's debt. LOVE IT! Listen to the episode for more about when America first got into debt Watch the episode here (some restrictions apply): http://www.history.com/shows/10-things-you-dont-know-about/videos/the-almighty-dollar Also on today's episode: Ignore these financial rules at your own risk Live beneath your means Do something smart with the difference Have health insurance Don't waste time building a credit score Shop for health insurance at eHealthInsurance.com What would you do? Spend $300 to repair a 1981 clothes dryer or spend $400 on a new one? Holla from the Impala: Double your chances to get a card stolen #169: Henry Rollins tells a debt free story. In the episode titled "10 things you don't know about the almighty dollar" he tells a debt free story about America. It appears that Andrew Jackson was the first and only President to pay off all of America's debt. LOVE IT! Listen to the episode for more about when America first got into debt Watch the episode here (some restrictions apply): http://www.history.com/shows/10-things-you-dont-know-about/videos/the-almighty-dollar Also on today's episode: Ignore these financial rules at your own risk Live beneath your means Do something smart with the difference Have health insurance Don't waste time building a credit score Shop for health insurance at eHealthInsurance.com What would you do? Spend $300 to repair a 1981 clothes dryer or spend $400 on a new one? Holla from the Impala: Double your chances to get a card stolen 289d0f7d3ecc81483ff1bc96f7b65567 https://moneyplansos.libsyn.com/financial-rules-frugal-decisions-and-henry-rollins-tells-a-debt-free-story-mpsos169 Thu, 06 Nov 2014 06:45:34 +0000 2137 no full Looking Back at 30 Years of Purposeful Spending Looking Back at 30 Years of Purposeful Spending 168 Steve Stewart #168: John Pugliano has more than 30 years of purposeful purchases behind him. Full show notes at https://moneyplansos.com/looking-back-at-30-years-of-purposeful-purchases-mpsos168/ His wife was able to stay home with all 6 kids while he focused on his career. He retired early and has been able to help others learn how to invest in stocks. Is living on less than you make for 3 decades worth it? Hear for yourself. Also: Holla from the Impala and a listener's testimony. #168: John Pugliano has more than 30 years of purposeful purchases behind him. Full show notes at https://moneyplansos.com/looking-back-at-30-years-of-purposeful-purchases-mpsos168/ His wife was able to stay home with all 6 kids while he focused on his career. He retired early and has been able to help others learn how to invest in stocks. Is living on less than you make for 3 decades worth it? Hear for yourself. Also: Holla from the Impala and a listener's testimony. bb6bd2012140a52f825f3968bd7135b6 https://moneyplansos.com/looking-back-at-30-years-of-purposeful-purchases-mpsos168/ Thu, 30 Oct 2014 05:52:42 +0000 2318 no full A simpler and fair solution to taxes A simpler and fair solution to taxes 167 Steve Stewart #167: Is it possible to have a simple and fair solution to the US tax code? Yes, it's called the FairTax. 105 years ago the 16th Amendment was passed allowing the US Government to levy an income tax on corporations. Somewhere along the way things changed and we find ourselves buried under 74,000 pages of tax code. Which is simpler: 74,000 pages or 133? The FairTax turns our complicated system into a medium sized book. The FairTax is much simpler: No more income tax withholding No more filing taxes on April 15th No more missed deductions No more taxes on interest earned or capital gains No more unfair tax breaks No more unreported revenues No more IRS audits What the FairTax does is: Allows us to bring our entire paycheck home (minus voluntary retirement savings, health insurance, etc) Sends every person with a US address and Social Security number, regardless of citizenship, money to cover the sales tax paid on the necessities of life (food, shelter, clothing, energy, etc) Reduces the price of goods and services we buy Taxes EVERYBODY, even visitors to our country (legally or illegally) Taxes us only on new products and services we buy Funds Government programs, including THE MILITARY, Social Security and Medicare Makes US products more competitive in the global market Will increase demand for goods and services, thus creating more jobs Becomes more progressive as people who earn more, spend more For more information, visit the show notes at https://moneyplansos.com/a-simple-and-fair-solution-to-taxes-the-fairtax/ #167: Is it possible to have a simple and fair solution to the US tax code? Yes, it's called the FairTax. 105 years ago the 16th Amendment was passed allowing the US Government to levy an income tax on corporations. Somewhere along the way things changed and we find ourselves buried under 74,000 pages of tax code. Which is simpler: 74,000 pages or 133? The FairTax turns our complicated system into a medium sized book. The FairTax is much simpler: No more income tax withholding No more filing taxes on April 15th No more missed deductions No more taxes on interest earned or capital gains No more unfair tax breaks No more unreported revenues No more IRS audits What the FairTax does is: Allows us to bring our entire paycheck home (minus voluntary retirement savings, health insurance, etc) Sends every person with a US address and Social Security number, regardless of citizenship, money to cover the sales tax paid on the necessities of life (food, shelter, clothing, energy, etc) Reduces the price of goods and services we buy Taxes EVERYBODY, even visitors to our country (legally or illegally) Taxes us only on new products and services we buy Funds Government programs, including THE MILITARY, Social Security and Medicare Makes US products more competitive in the global market Will increase demand for goods and services, thus creating more jobs Becomes more progressive as people who earn more, spend more For more information, visit the show notes at https://moneyplansos.com/a-simple-and-fair-solution-to-taxes-the-fairtax/ feab14a741c742f236cf935020d0aeab https://moneyplansos.com/a-simple-and-fair-solution-to-taxes-the-fairtax/ Fri, 24 Oct 2014 16:48:54 +0000 3299 no full How can Dave Ramsey's advice be dangerous to his listeners? How can Dave Ramsey's advice be dangerous to his listeners? 166 Steve Stewart #166: Listen to my debate with Joshua Sheats from Radical Personal Finance on various financial topics he deems to be dangerous to Dave Ramsey Show listeners. Links mentioned in this episode: Post: The shockingly simple math behind early retirement by Mr. Money Mustache Book: Jacob Lund Fisker's Early Retirement Extreme Episode: Joshua's plan for how I would become a Millionaire with a minimum wage job at Walmart For more information, visit the show notes at https://moneyplansos.com/can-a-dave-ramsey-fan-think-his-advice-is-dangerous-mpsos166/ #166: Listen to my debate with Joshua Sheats from Radical Personal Finance on various financial topics he deems to be dangerous to Dave Ramsey Show listeners. Links mentioned in this episode: Post: The shockingly simple math behind early retirement by Mr. Money Mustache Book: Jacob Lund Fisker's Early Retirement Extreme Episode: Joshua's plan for how I would become a Millionaire with a minimum wage job at Walmart For more information, visit the show notes at https://moneyplansos.com/can-a-dave-ramsey-fan-think-his-advice-is-dangerous-mpsos166/ 7f39e2f63e2c8365362cdee66e1ca8d3 https://moneyplansos.com/can-a-dave-ramsey-fan-think-his-advice-is-dangerous-mpsos166/ Thu, 16 Oct 2014 16:41:30 +0000 4259 no full What should I do with my old 401k? What should I do with my old 401k? 165 Steve Stewart #165: Lisa left her job for another. She could have rolled her old 401k into the new plan, but she wanted more options. Full show notes and resources at https://moneyplansos.com/what-should-i-do-with-my-old-401k-mpsos165/ What should I do with my old 401k? Lisa Emperador is a young professional who changed jobs after accumulating $8,000 in her old 401(k). She had several options for what to do with the money. Lisa has a bunch of debt and could have cashed it out to pay down a car loan or credit card debt. Instead, she chose to roll it into a ROTH IRA managed through Betterment. Was this the best option? Listen to the interview to find out if she regrets the move or is happy with her choice. What would you do? Thank you for listening. Keep fighting your debt! #165: Lisa left her job for another. She could have rolled her old 401k into the new plan, but she wanted more options. Full show notes and resources at https://moneyplansos.com/what-should-i-do-with-my-old-401k-mpsos165/ What should I do with my old 401k? Lisa Emperador is a young professional who changed jobs after accumulating $8,000 in her old 401(k). She had several options for what to do with the money. Lisa has a bunch of debt and could have cashed it out to pay down a car loan or credit card debt. Instead, she chose to roll it into a ROTH IRA managed through Betterment. Was this the best option? Listen to the interview to find out if she regrets the move or is happy with her choice. What would you do? Thank you for listening. Keep fighting your debt! f4154a7c5c2c4876d46464b6161cc3b0 https://moneyplansos.com/what-should-i-do-with-my-old-401k-mpsos165/ Fri, 10 Oct 2014 02:06:05 +0000 1756 no full Facts about FICO and the truth behind the Credit Score Industry Facts about FICO and the truth behind the Credit Score Industry 164 Steve Stewart #164: Even though FICO is celebrating 25 years as a publicly traded company, this is their very first audio interview. We are going to hammer out the clear and correct information about FICO and the credit scoring industry. Anthony Sprauve, Director of Public Relations at FICO, tells us the truth about: How FICO is able to capture our data from credit card companies, auto loans, student loans, etc. The relationship FICO has with the big three credit score bureaus: Experian, Equifax, and Transunion Which score is the real score? What is FICO 9 and how will it change someone's score? Is there an imbalance between evaluating the everyday American's score and someone who doesn't use debt products (Debt Freedom Fighters)? When will FICO begin using non-debt payments in the credit score? For more information, visit the show notes at https://moneyplansos.com/fico-and-the-facts-behind-the-credit-score-industry/ #164: Even though FICO is celebrating 25 years as a publicly traded company, this is their very first audio interview. We are going to hammer out the clear and correct information about FICO and the credit scoring industry. Anthony Sprauve, Director of Public Relations at FICO, tells us the truth about: How FICO is able to capture our data from credit card companies, auto loans, student loans, etc. The relationship FICO has with the big three credit score bureaus: Experian, Equifax, and Transunion Which score is the real score? What is FICO 9 and how will it change someone's score? Is there an imbalance between evaluating the everyday American's score and someone who doesn't use debt products (Debt Freedom Fighters)? When will FICO begin using non-debt payments in the credit score? For more information, visit the show notes at https://moneyplansos.com/fico-and-the-facts-behind-the-credit-score-industry/ 5d63b98d14e81c24e901554f848dea85 https://moneyplansos.com/fico-and-the-facts-behind-the-credit-score-industry/ Wed, 01 Oct 2014 04:38:42 +0000 2519 no full Save Money on your iPhone and Cellphone Bill with Rey Brown Save Money on your iPhone and Cellphone Bill with Rey Brown 163 Steve Stewart #163: Rey Brown explains how the cell phone industry works and gives suggestions for saving money on a new plan. A full list of resources can be found at https://moneyplansos.com/save-money-on-your-iphone-and-cellphone-bill-mpsos163/ #163: Rey Brown explains how the cell phone industry works and gives suggestions for saving money on a new plan. A full list of resources can be found at https://moneyplansos.com/save-money-on-your-iphone-and-cellphone-bill-mpsos163/ e67fa58eca2a96b4757db54a3de7c974 https://moneyplansos.com/save-money-on-your-iphone-and-cellphone-bill-mpsos163/ Wed, 24 Sep 2014 06:50:43 +0000 2759 no full How to have Rich Kids, with Tom Corley How to have Rich Kids, with Tom Corley 162 Steve Stewart #162: Tom Corley, author of Rich Habits, releases his new book Rich Kids. What are 5 activities that will guarantee your kids will avoid a life of poverty? What are the three paths to wealth? Are sports better than after-school activities? Listen to the show and find out. Much more information can be found at https://moneyplansos.com/rich-kids-with-tom-corley-and-coin-is-doomed-mpsos162/ #162: Tom Corley, author of Rich Habits, releases his new book Rich Kids. What are 5 activities that will guarantee your kids will avoid a life of poverty? What are the three paths to wealth? Are sports better than after-school activities? Listen to the show and find out. Much more information can be found at https://moneyplansos.com/rich-kids-with-tom-corley-and-coin-is-doomed-mpsos162/ 617f127d744a1620dfcd35124c455532 https://moneyplansos.com/rich-kids-with-tom-corley-and-coin-is-doomed-mpsos162/ Thu, 11 Sep 2014 05:41:10 +0000 2519 no full Squirrel Away Your Change With Acorns App Squirrel Away Your Change With Acorns App 161 Steve Stewart #161: What if you could invest your loose change at the end of the day? Now you can with Acorns. Acorns is an app taking advantage of new technologies and less expensive investment fees to allow anyone to start investing in ETFs from Blackrock, Vanguard and PIMCO. ________ Take the #100challenge in September 2014. See how fast you can save or earn $100 more. Then apply the money to your next goal: Emergency Fund Pay down debt Car replacement fund Save for Christmas Etc... Share your progress and WINS by using the hashtag #100challenge For more information, visit the show notes at https://moneyplansos.com/squirrel-away-your-change-with-acorns-app-mpsos161/ #161: What if you could invest your loose change at the end of the day? Now you can with Acorns. Acorns is an app taking advantage of new technologies and less expensive investment fees to allow anyone to start investing in ETFs from Blackrock, Vanguard and PIMCO. ________ Take the #100challenge in September 2014. See how fast you can save or earn $100 more. Then apply the money to your next goal: Emergency Fund Pay down debt Car replacement fund Save for Christmas Etc... Share your progress and WINS by using the hashtag #100challenge For more information, visit the show notes at https://moneyplansos.com/squirrel-away-your-change-with-acorns-app-mpsos161/ d377ce6001d85ca2c189e780ac8b2405 https://moneyplansos.com/squirrel-away-your-change-with-acorns-app-mpsos161/ Thu, 28 Aug 2014 05:24:06 +0000 2399 no full Biggest Credit Score Myths and #ALSIceBucketChallenge Biggest Credit Score Myths and #ALSIceBucketChallenge 160 Steve Stewart #160: You can't turn on the TV or have a conversation with someone about money without the subject of credit scores coming up. With all that awareness you would think that everyone would have a basic understanding of how credit works. Unfortunately, there is a lot of miss-information being spread around. There are many myths surrounding the credit score; believing these myths can not only wreck your finances, but keep you from reaching your financial goals. For more information, visit the show notes at https://moneyplansos.com/biggest-credit-score-myths-and-alsicebucketchallenge-mpsos160/ The five biggest myths about credit scores Myth #1 - You have to carry a balance to have a good credit score This is a dangerous myth that gives people an excuse to keep their debts. The five credit score factors (payment history, amount owed, length of credit history, new credit, and types of debt) are all about how well you "manage" debt. If you pull your credit report there is nothing about how you manage your normal bills (electric, cell phone, rent), unless you are late on those payments. Myth #2 - The credit scoring system is a government run program The government has nothing to do with credit scores! Can you imagine the chaos?! Credit scores are monitored and reported by publicly and privately held companies that turn a profit. Myth #3 - You need a credit score to rent an apartment Rent payments do not show up on your credit score, why should you need a credit score to rent? Some apartment complexes will only look at your credit history when considering you as a tenant. Others will pull a background check and pull your credit report to look for negative information. There is no rule or law that you must have a credit score in order to rent. Myth #4 - A good credit score will help you build wealth A credit score is based on debt, debt products and the ability to pay back the debt. It won't help you build wealth, but it can help you get a better interest rate on even more debt. Myth #5 - The more you borrow, the better your score To a point, this is true. But the credit score is based on ratios of available credit vs. balance owed plus payment history. By borrowing too much you can tip that scale and cause the credit score to drop. This is why many people say that you should use a credit card but just pay it off at the end of the month. If we simply avoid debt in the first place, we can use that money to save and invest. These goals are much easier to accomplish when you don't have the extra weight of debt hanging around. Call to Action Base your financial decisions on long term goals. Don't get distracted by the lure of a good credit score. Remember that a credit score is based on debt and debt products. To be financially fit we need to consume less, save more, and pay attention - not interest. Also on the show My friend and past podcast guest, James Kinson, accepted the ALS Ice Bucket Challenge. #160: You can't turn on the TV or have a conversation with someone about money without the subject of credit scores coming up. With all that awareness you would think that everyone would have a basic understanding of how credit works. Unfortunately, there is a lot of miss-information being spread around. There are many myths surrounding the credit score; believing these myths can not only wreck your finances, but keep you from reaching your financial goals. For more information, visit the show notes at https://moneyplansos.com/biggest-credit-score-myths-and-alsicebucketchallenge-mpsos160/ The five biggest myths about credit scores Myth #1 - You have to carry a balance to have a good credit score This is a dangerous myth that gives people an excuse to keep their debts. The five credit score factors (payment history, amount owed, length of credit history, new credit, and types of debt) are all about how well you "manage" debt. If you pull your credit report there is nothing about how you manage your normal bills (electric, cell phone, rent), unless you are late on those payments. Myth #2 - The credit scoring system is a government run program The government has nothing to do with credit scores! Can you imagine the chaos?! Credit scores are monitored and reported by publicly and privately held companies that turn a profit. Myth #3 - You need a credit score to rent an apartment Rent payments do not show up on your credit score, why should you need a credit score to rent? Some apartment complexes will only look at your credit history when considering you as a tenant. Others will pull a background check and pull your credit report to look for negative information. There is no rule or law that you must have a credit score in order to rent. Myth #4 - A good credit score will help you build wealth A credit score is based on debt, debt products and the ability to pay back the debt. It won't help you build wealth, but it can help you get a better interest rate on even more debt. Myth #5 - The more you borrow, the better your score To a point, this is true. But the credit score is based on ratios of available credit vs. balance owed plus payment history. By borrowing too much you can tip that scale and cause the credit score to drop. This is why many people say that you should use a credit card but just pay it off at the end of the month. If we simply avoid debt in the first place, we can use that money to save and invest. These goals are much easier to accomplish when you don't have the extra weight of debt hanging around. Call to Action Base your financial decisions on long term goals. Don't get distracted by the lure of a good credit score. Remember that a credit score is based on debt and debt products. To be financially fit we need to consume less, save more, and pay attention - not interest. Also on the show My friend and past podcast guest, James Kinson, accepted the ALS Ice Bucket Challenge. f90cf062dbb255a797c8c2ad4c7cc664 https://moneyplansos.com/biggest-credit-score-myths-and-alsicebucketchallenge-mpsos160/ Thu, 21 Aug 2014 07:21:02 +0000 1918 no full Steps to buying a cash car with James Kinson Steps to buying a cash car with James Kinson 159 Steve Stewart #159: The first 6 steps to buying a cash car are laid out by James Kinson, the Cash Car Convert. He helps everyday Americans kick auto debt to the curb and make smart buying decisions when it comes to automobiles. For more information, visit the show notes at https://moneyplansos.com/steps-to-buying-a-cash-car-with-james-kinson-mpsos159/ #159: The first 6 steps to buying a cash car are laid out by James Kinson, the Cash Car Convert. He helps everyday Americans kick auto debt to the curb and make smart buying decisions when it comes to automobiles. For more information, visit the show notes at https://moneyplansos.com/steps-to-buying-a-cash-car-with-james-kinson-mpsos159/ 074749c9fe671f22aab320b7ce7a425a https://moneyplansos.com/steps-to-buying-a-cash-car-with-james-kinson-mpsos159/ Thu, 07 Aug 2014 03:28:45 +0000 1719 no full Debit Card is Stolen? Real life stories from five victims - and why you don't need to freak out! Debit Card is Stolen? Real life stories from five victims - and why you don't need to freak out! 158 Steve Stewart #158: It is inevitable: Your debit card will be compromised some day. What happens when my debit card is stolen? Money will be taken out of your account Your bank may call you or you must call your bank when you find out The Zero Liability Policy will kick in The money will be returned to your account in short order Any insufficient fund charges will be removed by your bank You will be inconvenienced In this episode five individuals share the experiences of when their card(s) were compromised. How to prepare for a stolen debit card: Here's what to do https://moneyplansos.com/what-happens-when-my-debit-card-is-stolen-mpsos158/ #158: It is inevitable: Your debit card will be compromised some day. What happens when my debit card is stolen? Money will be taken out of your account Your bank may call you or you must call your bank when you find out The Zero Liability Policy will kick in The money will be returned to your account in short order Any insufficient fund charges will be removed by your bank You will be inconvenienced In this episode five individuals share the experiences of when their card(s) were compromised. How to prepare for a stolen debit card: Here's what to do https://moneyplansos.com/what-happens-when-my-debit-card-is-stolen-mpsos158/ 769e6f137a3668ce625969df77242078 https://moneyplansos.com/what-happens-when-my-debit-card-is-stolen-mpsos158/ Mon, 21 Jul 2014 06:53:56 +0000 1979 no full Debt Freedom helped John Lee Dumas launch Entrepreneur On Fire Debt Freedom helped John Lee Dumas launch Entrepreneur On Fire 157 Steve Stewart #157: How was John Lee Dumas able to start Entrepreneur On Fire without ANY income for 9 months? John tells us how in this exclusive interview about how successful people spend money. Also, Suze Orman's Preferred Debit Card is no more and PerkStreet customers get money in the mail! For more information, visit the show notes at https://moneyplansos.com/debt-freedom-helped-john-lee-dumas-launch-enterpreneur-on-fire/ #157: How was John Lee Dumas able to start Entrepreneur On Fire without ANY income for 9 months? John tells us how in this exclusive interview about how successful people spend money. Also, Suze Orman's Preferred Debit Card is no more and PerkStreet customers get money in the mail! For more information, visit the show notes at https://moneyplansos.com/debt-freedom-helped-john-lee-dumas-launch-enterpreneur-on-fire/ c8b2ba8603d6382d0fb8f597603e7bc8 https://moneyplansos.com/debt-freedom-helped-john-lee-dumas-launch-enterpreneur-on-fire/ Sun, 29 Jun 2014 17:35:01 +0000 1619 no full How to Travel without Credit Cards How to Travel without Credit Cards 156 Steve Stewart #156: Would you like to know how we paid for our vacation at a horse ranch without credit cards? It's easy: We prepaid for our travel expenses with a debit card, prepaid for the week at a horse ranch by check, and paid cash for the rest. Oh, and we saved more than $160 by staying away from credit cards. In this episode I break down the different ways to pay for things like rental cars, souvenirs, and hotels - no credit cards necessary. The reason I stay away from credit cards will become evident when you hear our story of paying for the horse ranch. It is proof that plastic is more expensive than cash or check, we just don't realize it is. Here is 7 minutes of beautiful horses crossing a river of melted mountain snow http://youtu.be/97hg7_X6Ms8 Read more at https://moneyplansos.com/how-to-have-a-great-vacation-without-a-credit-card/ #156: Would you like to know how we paid for our vacation at a horse ranch without credit cards? It's easy: We prepaid for our travel expenses with a debit card, prepaid for the week at a horse ranch by check, and paid cash for the rest. Oh, and we saved more than $160 by staying away from credit cards. In this episode I break down the different ways to pay for things like rental cars, souvenirs, and hotels - no credit cards necessary. The reason I stay away from credit cards will become evident when you hear our story of paying for the horse ranch. It is proof that plastic is more expensive than cash or check, we just don't realize it is. Here is 7 minutes of beautiful horses crossing a river of melted mountain snow http://youtu.be/97hg7_X6Ms8 Read more at https://moneyplansos.com/how-to-have-a-great-vacation-without-a-credit-card/ 408ec8f582aa05b5e7c17baf759525d3 https://moneyplansos.com/how-to-have-a-great-vacation-without-a-credit-card/ Mon, 16 Jun 2014 04:49:51 +0000 1149 no full 10 Ways To Pay Attention To Money 10 Ways To Pay Attention To Money 155 Steve Stewart #155: How much attention do you really need to give to managing personal finances? Here are 10 ways we pay attention to our money - and most of it doesn't involve a lot of time: Always: Check remaining budget balances before spending. Daily: Enter transactions into your checkbook/software/YNAB Monthly: Balance checkbook/YNAB Monthly: Set up budget (again, we use YNAB) Quarterly: Review investments and retirement plans Annually: Rebalance portfolios and contribution amounts Annually: Reassess emergency fund balances Tax Season: Review "giving" categories Occasionally: Think of money-saving ideas as they come up (cell phone, irregular purchases, etc) Life Events: Health, Car, and Life Insurance annually or when there is a life event (job change, new vehicle, pay raise, etc…) Have I left anything out? Leave me a note at https://moneyplansos.com/10-ways-we-pay-attention-to-money-mpsos155/ #155: How much attention do you really need to give to managing personal finances? Here are 10 ways we pay attention to our money - and most of it doesn't involve a lot of time: Always: Check remaining budget balances before spending. Daily: Enter transactions into your checkbook/software/YNAB Monthly: Balance checkbook/YNAB Monthly: Set up budget (again, we use YNAB) Quarterly: Review investments and retirement plans Annually: Rebalance portfolios and contribution amounts Annually: Reassess emergency fund balances Tax Season: Review "giving" categories Occasionally: Think of money-saving ideas as they come up (cell phone, irregular purchases, etc) Life Events: Health, Car, and Life Insurance annually or when there is a life event (job change, new vehicle, pay raise, etc…) Have I left anything out? Leave me a note at https://moneyplansos.com/10-ways-we-pay-attention-to-money-mpsos155/ 13479ec608dbe8d8898e632c811f5700 https://moneyplansos.com/10-ways-we-pay-attention-to-money-mpsos155/ Wed, 28 May 2014 20:59:53 +0000 1530 no full 10 Steps to Improve Attention and Cash Flow 10 Steps to Improve Attention and Cash Flow 154 Steve Stewart #154: It had been a hectic morning. I recorded two interviews before leaving for the airport but I made it to the terminal with plenty of time. About 100 passengers ahead of me were being rushed as their flights were affected by weather but I had plenty of time. No reason to panic - I've done this dozens of times: Print boarding pass Check a suitcase Head towards security Have ID and boarding pass ready Take out any liquids, aerosols or gels Take everything out of my pockets Place my shoes on the conveyor belt Unzip my laptop bag and pull out my..................... WAIT! WHERE IS MY LAPTOP?! The spot where my MacBook is stored was empty. Did someone steal it when I wasn't looking? All my recordings and videos that I was going to work on, did I have a sufficient backup for all my recordings? What about all my pictures? I texted my wife: "URGENT: Go to my office. Is my laptop there?" She replied and my heart instantly sighed - I had left it on my desk. DOH! Being distracted sucks I was so scatterbrained that I left one of my most important pieces of gear at home - my MacBook Pro. I was going to work on my How To Use ScreenFlow course and record this week's podcast during the down times. #ChangeOfPlans Psyblog's article delivered to my inbox I had to rely on my iPhone to stay sane by being productive while waiting for the plane. I checked my favorite apps: Twitter, Facebook, ...and then my email where I found this clever and timely post by PsyBlog: "Super-Focus: 10 Natural Ways to Nuture Your Attention" I wish I had read this last night. PsyBlog tells us the 10 ways to improve our focus and attention. Many of them work for personal finance as well. Click the play button to hear more about this post [powerpress] 1. Take a break: We can only concentrate efficiently for a certain period of time 2. Chunk it: Break your tasks into smaller, manageable chunks. 3. Ditch the multitasking: It doesn't really work 4. Environment: Some people like busy cafes, others like libraries. 5. Try nature: Studies show that greater focus could be outside 6. Deal with interruptions (and track them) 7. Meditate: There are 10 ways meditation benefits your mind (click here to read the article) 8. Take a breath: Clear your mind and focus on the one thing you never have to think about 9. Sleep (my favorite): Sleep rejuvenates attention 10. Find flow: Some would call this "getting in the zone" How attention affects your cash flow When you focus all your attention on one thing you are more likely to succeed. Give up and you won't become the last man standing. Pour yourself into a project and you will likely notice more of the nuances and details while getting to know the subject matter better than anyone else - giving you an edge over the competition and making you the expert. When it comes to personal finances: It's the same thing. If you want to get out of debt then develop a plan, track the interruptions, place yourself in the right environment (like staying out of the malls and cooking at home instead), break your goal of getting out of debt into smaller pieces like Dave Ramsey's Baby Steps, and then meditate, breath, and sleep. After a while you will find flow (cashflow). You'll remain motivated, stretch your skills to the limits but not too far, and by using a budget you will get immediate feedback on how you are doing! For more information, visit the show notes at https://moneyplansos.com/10-steps-to-improve-attention-and-cash-flow/ #154: It had been a hectic morning. I recorded two interviews before leaving for the airport but I made it to the terminal with plenty of time. About 100 passengers ahead of me were being rushed as their flights were affected by weather but I had plenty of time. No reason to panic - I've done this dozens of times: Print boarding pass Check a suitcase Head towards security Have ID and boarding pass ready Take out any liquids, aerosols or gels Take everything out of my pockets Place my shoes on the conveyor belt Unzip my laptop bag and pull out my..................... WAIT! WHERE IS MY LAPTOP?! The spot where my MacBook is stored was empty. Did someone steal it when I wasn't looking? All my recordings and videos that I was going to work on, did I have a sufficient backup for all my recordings? What about all my pictures? I texted my wife: "URGENT: Go to my office. Is my laptop there?" She replied and my heart instantly sighed - I had left it on my desk. DOH! Being distracted sucks I was so scatterbrained that I left one of my most important pieces of gear at home - my MacBook Pro. I was going to work on my How To Use ScreenFlow course and record this week's podcast during the down times. #ChangeOfPlans Psyblog's article delivered to my inbox I had to rely on my iPhone to stay sane by being productive while waiting for the plane. I checked my favorite apps: Twitter, Facebook, ...and then my email where I found this clever and timely post by PsyBlog: "Super-Focus: 10 Natural Ways to Nuture Your Attention" I wish I had read this last night. PsyBlog tells us the 10 ways to improve our focus and attention. Many of them work for personal finance as well. Click the play button to hear more about this post [powerpress] 1. Take a break: We can only concentrate efficiently for a certain period of time 2. Chunk it: Break your tasks into smaller, manageable chunks. 3. Ditch the multitasking: It doesn't really work 4. Environment: Some people like busy cafes, others like libraries. 5. Try nature: Studies show that greater focus could be outside 6. Deal with interruptions (and track them) 7. Meditate: There are 10 ways meditation benefits your mind (click here to read the article) 8. Take a breath: Clear your mind and focus on the one thing you never have to think about 9. Sleep (my favorite): Sleep rejuvenates attention 10. Find flow: Some would call this "getting in the zone" How attention affects your cash flow When you focus all your attention on one thing you are more likely to succeed. Give up and you won't become the last man standing. Pour yourself into a project and you will likely notice more of the nuances and details while getting to know the subject matter better than anyone else - giving you an edge over the competition and making you the expert. When it comes to personal finances: It's the same thing. If you want to get out of debt then develop a plan, track the interruptions, place yourself in the right environment (like staying out of the malls and cooking at home instead), break your goal of getting out of debt into smaller pieces like Dave Ramsey's Baby Steps, and then meditate, breath, and sleep. After a while you will find flow (cashflow). You'll remain motivated, stretch your skills to the limits but not too far, and by using a budget you will get immediate feedback on how you are doing! For more information, visit the show notes at https://moneyplansos.com/10-steps-to-improve-attention-and-cash-flow/ fa1ed37d86fa3471c51fd650998f8e4a https://moneyplansos.com/10-steps-to-improve-attention-and-cash-flow/ Thu, 15 May 2014 08:00:00 +0000 1064 no full Debt Snowball Methods, and The Secret Credit Card Companies Don't Want You To Know Debt Snowball Methods, and The Secret Credit Card Companies Don't Want You To Know 153 Steve Stewart #153: 3 Debt Elimination Strategies that WORK! Any one of these debt elimination plans will work if you work the plan: Debt Snowball: Pay extra on the debt with the smallest balance. Debt Avalanche: Pay extra on the debt with the highest interest rate. Risk Reduction: Pay extra on the debt with the most risk. This could be back taxes or a loan from your mother (you don't want to risk the relationship, do you?) Pros and cons: Debt Snowball: You pay more interest than the Debt Avalanche. However, getting a shot of QuickWin has been scientifically proven to keep people motivated to keep working the plan to the end. Debt Avalanche: You pay less interest overall. However, working on a 21% interest rate credit card for over a year tends to wear on a person's psyche. We begin to believe the process doesn't work and we quit. Risk Reduction: Taking care of IRS debt first eliminates the possibility of them garnishing your wages (no court process needed). Or you may decide to pay off your parents because the stress of the situation is eating away at you. These cases are not as common (most parents are a bit more forgiving than that) so the benefits aren't as great as the Debt Snowball or Avalanche. Arm yourself with reminders When we were in debt I would get a punch in the gut every time a statement showed up in the mailbox. Constant reminders wear on us and we become more likely to quit. It is important to stay focused and motivated in our moneyplan. We need to continue stretching every dollar and keep grasping at any opportunity to make more money to throw at our debt. Credit card companies benefit whenever we take our foot off the gas, so we must stick to the plan! Arm yourself with tools to help keep you encouraged throughout the process. Smartphone apps like ReadyForZero send you reminders and encouraging messages. Progress thermometers on the refrigerator or bathroom mirror let you check in on your current status. Finding ways to pay attention will go a long way in your debt elimination process. For example: I look at our mortgage balance a few times a month. Anytime I log onto our bank account to balance our checkbook, I see it. I look at our debt payoff spreadsheet once in a while, just to get my blood pumping. And, of course, I see the new balance at the first of every month after our payment is made. I've got my eye on the goal and focused on winning. Above all else: DON'T QUIT Evaluate your situation. Choose the method that works best for you. Above all things - DON'T QUIT! If you want to try one and then switch - go ahead. If the Debt Avalanche isn't working for you then start attacking your smallest balance first. Everyone's financial situation is different, so is their debt elimination strategy. The bank has a plan for your money. It's time to short-circuit that plan and start paying attention, not interest! Also on this episode: Holla From The Impala - It's awesome to get paid For more information, visit the show notes at https://moneyplansos.com/debt-snowball-methods-and-the-secret-credit-card-companies-dont-want-you-to-know/ #153: 3 Debt Elimination Strategies that WORK! Any one of these debt elimination plans will work if you work the plan: Debt Snowball: Pay extra on the debt with the smallest balance. Debt Avalanche: Pay extra on the debt with the highest interest rate. Risk Reduction: Pay extra on the debt with the most risk. This could be back taxes or a loan from your mother (you don't want to risk the relationship, do you?) Pros and cons: Debt Snowball: You pay more interest than the Debt Avalanche. However, getting a shot of QuickWin has been scientifically proven to keep people motivated to keep working the plan to the end. Debt Avalanche: You pay less interest overall. However, working on a 21% interest rate credit card for over a year tends to wear on a person's psyche. We begin to believe the process doesn't work and we quit. Risk Reduction: Taking care of IRS debt first eliminates the possibility of them garnishing your wages (no court process needed). Or you may decide to pay off your parents because the stress of the situation is eating away at you. These cases are not as common (most parents are a bit more forgiving than that) so the benefits aren't as great as the Debt Snowball or Avalanche. Arm yourself with reminders When we were in debt I would get a punch in the gut every time a statement showed up in the mailbox. Constant reminders wear on us and we become more likely to quit. It is important to stay focused and motivated in our moneyplan. We need to continue stretching every dollar and keep grasping at any opportunity to make more money to throw at our debt. Credit card companies benefit whenever we take our foot off the gas, so we must stick to the plan! Arm yourself with tools to help keep you encouraged throughout the process. Smartphone apps like ReadyForZero send you reminders and encouraging messages. Progress thermometers on the refrigerator or bathroom mirror let you check in on your current status. Finding ways to pay attention will go a long way in your debt elimination process. For example: I look at our mortgage balance a few times a month. Anytime I log onto our bank account to balance our checkbook, I see it. I look at our debt payoff spreadsheet once in a while, just to get my blood pumping. And, of course, I see the new balance at the first of every month after our payment is made. I've got my eye on the goal and focused on winning. Above all else: DON'T QUIT Evaluate your situation. Choose the method that works best for you. Above all things - DON'T QUIT! If you want to try one and then switch - go ahead. If the Debt Avalanche isn't working for you then start attacking your smallest balance first. Everyone's financial situation is different, so is their debt elimination strategy. The bank has a plan for your money. It's time to short-circuit that plan and start paying attention, not interest! Also on this episode: Holla From The Impala - It's awesome to get paid For more information, visit the show notes at https://moneyplansos.com/debt-snowball-methods-and-the-secret-credit-card-companies-dont-want-you-to-know/ 57c73d092ff9bae7d300e1177b9b7e6a https://moneyplansos.com/debt-snowball-methods-and-the-secret-credit-card-companies-dont-want-you-to-know/ Thu, 01 May 2014 05:07:39 +0000 1014 no full Interview with Rachel Cruze, author of Smart Money Smart Kids Interview with Rachel Cruze, author of Smart Money Smart Kids 152 Steve Stewart #152: Rachel Cruze is a speaker, debt-free evangelist, part-time co-host of the Dave Ramsey show, known for being the inspiration behind the book "Careless at the Carnival", and is soon to be a NYTimes best selling author for a book to be released on April 22, 2014 - Smart Money Smart Kids. MoneyPlan SOS listeners wanted to know what she thought about these questions: Chris Pilon from Dadrenaline podcast: Aside from not paying commission, what did your parents do when you or Denise or Daniel did not do their chores? Karen Austin posted on Facebook: We have 8 year old twins and they earn money for household chores. We've been heavily focused on savings plus tithing, but feel we need to let them spend a little. Did Dave let you have spending money? Was it a percentage of what she earned? Garnet Eldred (who shares the same birthday as me) asked: What does she use her 'blow' money on? Stephanie Reed wants to know: When did she start her own budget? And did her parents make her buy her own clothes and toiletries, etc. to help her learn how to budget before she left the nest? If so, what did she think of it and what would she change? Josh Levitt: We all struggle keeping up with the budget, not over spending or some aspect of being financially Smart. What is the toughest part of "sticking to the plan" for you personally? Kim Nice had a bunch of questions, but I only had time for one: What kind of vacations do you go on? Jen McDonough (aka: @TheIronJen): Do you see entitlement in the younger generation as being more or less than the parental generation? Scott Maderer: What is the Number 1 piece of advice you'd give for raising kids that will become great ADULTS? Special thanks to @MrJoshuaBrown and ArunWisconsin for the 5-star iTunes reviews. Your next money challenge: Find as many opportunities to show your kids how you SAVE money. The ratio for how many times my daughter sees us spend money to save money is about 1,000 to 1. There are many more opportunities for her to see us pay for something but she never gets to see the money going into our bank account, mutual funds, or 401(k). Some suggestions: Put coins in a piggy bank (I have a coin jar) Take physical dollars to the bank Have them click "send" for your mutual fund or online savings account For more information, visit the show notes at https://moneyplansos.com/interview-with-rachel-cruze-author-of-smart-money-smart-kids/ #152: Rachel Cruze is a speaker, debt-free evangelist, part-time co-host of the Dave Ramsey show, known for being the inspiration behind the book "Careless at the Carnival", and is soon to be a NYTimes best selling author for a book to be released on April 22, 2014 - Smart Money Smart Kids. MoneyPlan SOS listeners wanted to know what she thought about these questions: Chris Pilon from Dadrenaline podcast: Aside from not paying commission, what did your parents do when you or Denise or Daniel did not do their chores? Karen Austin posted on Facebook: We have 8 year old twins and they earn money for household chores. We've been heavily focused on savings plus tithing, but feel we need to let them spend a little. Did Dave let you have spending money? Was it a percentage of what she earned? Garnet Eldred (who shares the same birthday as me) asked: What does she use her 'blow' money on? Stephanie Reed wants to know: When did she start her own budget? And did her parents make her buy her own clothes and toiletries, etc. to help her learn how to budget before she left the nest? If so, what did she think of it and what would she change? Josh Levitt: We all struggle keeping up with the budget, not over spending or some aspect of being financially Smart. What is the toughest part of "sticking to the plan" for you personally? Kim Nice had a bunch of questions, but I only had time for one: What kind of vacations do you go on? Jen McDonough (aka: @TheIronJen): Do you see entitlement in the younger generation as being more or less than the parental generation? Scott Maderer: What is the Number 1 piece of advice you'd give for raising kids that will become great ADULTS? Special thanks to @MrJoshuaBrown and ArunWisconsin for the 5-star iTunes reviews. Your next money challenge: Find as many opportunities to show your kids how you SAVE money. The ratio for how many times my daughter sees us spend money to save money is about 1,000 to 1. There are many more opportunities for her to see us pay for something but she never gets to see the money going into our bank account, mutual funds, or 401(k). Some suggestions: Put coins in a piggy bank (I have a coin jar) Take physical dollars to the bank Have them click "send" for your mutual fund or online savings account For more information, visit the show notes at https://moneyplansos.com/interview-with-rachel-cruze-author-of-smart-money-smart-kids/ 7561d4a01b28ff39f61c2a715a51bf56 https://moneyplansos.com/interview-with-rachel-cruze-author-of-smart-money-smart-kids/ Thu, 17 Apr 2014 12:00:24 +0000 1645 no full Blown Engine to Creating Independence - Interview with Kraig Mathias Blown Engine to Creating Independence - Interview with Kraig Mathias 151 Steve Stewart #151: Kraig Mathias began his journey to debt freedom after blowing the engine on his car on a cross-country road trip. We geek out over the math behind his car debt, then get inspired from his journey from debt freedom to creating independence. You can find more about Kraig at http://CreateMyIndependence.com Money tips: Save tons of interest by spending a little more on insurance Leave the plastic at home, even the debit card, for one Saturday. Just try it. For more information, visit the show notes at https://moneyplansos.com/from-blown-engine-to-creating-independence/ #151: Kraig Mathias began his journey to debt freedom after blowing the engine on his car on a cross-country road trip. We geek out over the math behind his car debt, then get inspired from his journey from debt freedom to creating independence. You can find more about Kraig at http://CreateMyIndependence.com Money tips: Save tons of interest by spending a little more on insurance Leave the plastic at home, even the debit card, for one Saturday. Just try it. For more information, visit the show notes at https://moneyplansos.com/from-blown-engine-to-creating-independence/ d48b6359be15c2156ee82f979eb7d8b2 https://moneyplansos.com/from-blown-engine-to-creating-independence/ Thu, 10 Apr 2014 05:52:01 +0000 2054 no full Top 5 Ways To Pay Off Your Mortgage Early Top 5 Ways To Pay Off Your Mortgage Early 150 Steve Stewart HAPPY APRIL FOOLS DAY! I'm not here in this episode - I've commandeered three other shows that are not my own. Here's where I am today: Starve The Doubts where I turn the tables on Jared Easley and interview him on his own show! On the Cash Car Convert (usually by James Kinson) I talk about getting out of the car payment business. While Joe is in taking over my show I am also taking over the Stacking Benjamins show. You can click on any of the links above for their (or should I say "my") shows. If you would like to read the backstory of why I took over 3 shows in one day and why I'd NEVER do it again, read this. Never has the show brought on more guests, more topics, and more laughs in the show. There were so many people on this show that there wasn't enough room for Steve. What you will get from this show Pirates take over the show. Arggggggghh Average Joe Money and OG talk about Forbes Billionaire List Helicopter parents crash kids' job interviews The Roundtable talks about Groupon and Living Social: Are online deals a good deal? And finally, a classic Top 5 list. Top 5 ways to pay off your mortgage early OG's Top 5: 5) Don't take out a mortgage so big to begin with 4) Refinance to a lower interest rate 3) Round up your monthly payments 2) Make a 13th payment every year (extra payment) 1) Sliced fruit (just kidding). It's "Get a 15 year mortgage" Average Joe's Top 5: 5) Shorten the term of your mortgage 4) Use your tax refund to pay down your mortgage 3) Round up your monthly payments, don't round down 2) Switch to bi-weekly payments 1) Place your extra money in an S&P 500 mutual fund, then apply it when the mortgage reaches the amount invested Cast members for Episode 150: Special thanks to the following cast members who made this April Fools Day podcast hilarious (in order of appearance): Average Joe Money from StackingBenjamins.com OG from StackingBenjamins.com Paula Pant from AffordAnything.com Len Penzo from LenPenzo.com Miranda Marquit from PlantingMoneySeeds.com Disclaimer Steve Stewart does not agree with the Roundtable's advice of opening up a credit card for free airline tickets - regardless of paying them off every month or not. These "free" tickets or cash-back rewards are being paid for by the credit card company who in turn gets the money from those who do not pay off their balances, do not make their payments on time, or are over their limits. Be responsible for yourself AND your Brothers. For more information, visit the show notes at https://moneyplansos.com/top-5-ways-to-pay-off-your-mortgage-early/ HAPPY APRIL FOOLS DAY! I'm not here in this episode - I've commandeered three other shows that are not my own. Here's where I am today: Starve The Doubts where I turn the tables on Jared Easley and interview him on his own show! On the Cash Car Convert (usually by James Kinson) I talk about getting out of the car payment business. While Joe is in taking over my show I am also taking over the Stacking Benjamins show. You can click on any of the links above for their (or should I say "my") shows. If you would like to read the backstory of why I took over 3 shows in one day and why I'd NEVER do it again, read this. Never has the show brought on more guests, more topics, and more laughs in the show. There were so many people on this show that there wasn't enough room for Steve. What you will get from this show Pirates take over the show. Arggggggghh Average Joe Money and OG talk about Forbes Billionaire List Helicopter parents crash kids' job interviews The Roundtable talks about Groupon and Living Social: Are online deals a good deal? And finally, a classic Top 5 list. Top 5 ways to pay off your mortgage early OG's Top 5: 5) Don't take out a mortgage so big to begin with 4) Refinance to a lower interest rate 3) Round up your monthly payments 2) Make a 13th payment every year (extra payment) 1) Sliced fruit (just kidding). It's "Get a 15 year mortgage" Average Joe's Top 5: 5) Shorten the term of your mortgage 4) Use your tax refund to pay down your mortgage 3) Round up your monthly payments, don't round down 2) Switch to bi-weekly payments 1) Place your extra money in an S&P 500 mutual fund, then apply it when the mortgage reaches the amount invested Cast members for Episode 150: Special thanks to the following cast members who made this April Fools Day podcast hilarious (in order of appearance): Average Joe Money from StackingBenjamins.com OG from StackingBenjamins.com Paula Pant from AffordAnything.com Len Penzo from LenPenzo.com Miranda Marquit from PlantingMoneySeeds.com Disclaimer Steve Stewart does not agree with the Roundtable's advice of opening up a credit card for free airline tickets - regardless of paying them off every month or not. These "free" tickets or cash-back rewards are being paid for by the credit card company who in turn gets the money from those who do not pay off their balances, do not make their payments on time, or are over their limits. Be responsible for yourself AND your Brothers. For more information, visit the show notes at https://moneyplansos.com/top-5-ways-to-pay-off-your-mortgage-early/ b58d2c21d1e3eab41f92f65b2d2f6980 https://moneyplansos.com/top-5-ways-to-pay-off-your-mortgage-early/ Tue, 01 Apr 2014 01:26:57 +0000 3670 no full Lies We Tell Ourselves To Keep Our Credit Cards Lies We Tell Ourselves To Keep Our Credit Cards 149 Steve Stewart #149: People love their credit cards. Why? They aren't valuable. They can't be traded or sold. And they cost people a lot of money and often their freedom. I've been separated from my credit cards for over seven years and can tell you: I don't miss them a bit. Now that I'm coaching people through their debt problems I get to hear all the same lies I used to say that justified my reason for keeping the plastic crutches. Here are some of the lies people tell themselves so they can keep their credit cards? "I only use my card for things I'm already going to buy anyway." "I only use this card for the points." "My credit card interest rate is blah blah blah." and more. For more information, visit the show notes at https://moneyplansos.com/lies-we-tell-ourselves-to-keep-our-credit-cards #149: People love their credit cards. Why? They aren't valuable. They can't be traded or sold. And they cost people a lot of money and often their freedom. I've been separated from my credit cards for over seven years and can tell you: I don't miss them a bit. Now that I'm coaching people through their debt problems I get to hear all the same lies I used to say that justified my reason for keeping the plastic crutches. Here are some of the lies people tell themselves so they can keep their credit cards? "I only use my card for things I'm already going to buy anyway." "I only use this card for the points." "My credit card interest rate is blah blah blah." and more. For more information, visit the show notes at https://moneyplansos.com/lies-we-tell-ourselves-to-keep-our-credit-cards 882bc7336510802fcd1d7762b251b436 https://moneyplansos.com/lies-we-tell-ourselves-to-keep-our-credit-cards/ Fri, 28 Mar 2014 20:18:01 +0000 1512 no full Habits of the Rich: Interview with Tom Corley Habits of the Rich: Interview with Tom Corley 148 Steve Stewart #148: The Daily Success Habits of Wealthy Individuals. Tom Corley joins me for a discussion about the habits of the rich. We also learn the 4 things that can make you un-fireable. A short list of Rich Habits: Tom Corley published a number of Rich Habits, which you can find here: http://blog.richhabits.net/2013/02/28/20-things-the-rich-do-every-day-that-the-poor-dont.aspx The ones that took me buy surprise were: What Wealthy people do before work Habits of the Wealthy during the workday: Gossip is a Poor Habit FOUR STRATEGIES TO BECOMING "UN-FIREABLE" To read more about the Rich Habits and strategies to becoming "Un-fireable", go to https://moneyplansos.com/habits-of-the-rich-interview-with-tom-corley/ #148: The Daily Success Habits of Wealthy Individuals. Tom Corley joins me for a discussion about the habits of the rich. We also learn the 4 things that can make you un-fireable. A short list of Rich Habits: Tom Corley published a number of Rich Habits, which you can find here: http://blog.richhabits.net/2013/02/28/20-things-the-rich-do-every-day-that-the-poor-dont.aspx The ones that took me buy surprise were: What Wealthy people do before work Habits of the Wealthy during the workday: Gossip is a Poor Habit FOUR STRATEGIES TO BECOMING "UN-FIREABLE" To read more about the Rich Habits and strategies to becoming "Un-fireable", go to https://moneyplansos.com/habits-of-the-rich-interview-with-tom-corley/ 03e2d4390b4607b0b2b381fa1259eb4e https://moneyplansos.com/habits-of-the-rich-interview-with-tom-corley/ Wed, 19 Mar 2014 11:15:34 +0000 1688 no full Are you Financially Smarter than a Millennial? Are you Financially Smarter than a Millennial? 147 Steve Stewart #147: A new study released by FINRA reveals only 18% of millennials are able to correctly answer 4 out of 5 questions about finance. Links mentioned in the show: FINRA releases results of study: http://www.finra.org/Newsroom/NewsReleases/2014/P456463 Take the quiz yourself by following this link: http://www.usfinancialcapability.org/quiz.php The national average is 2.88 out of 5. How will did you do? Listen to the podcast for the answers. For more information, visit the show notes at https://moneyplansos.com/are-you-smarter-than-a-millennial-mpsos147/ #147: A new study released by FINRA reveals only 18% of millennials are able to correctly answer 4 out of 5 questions about finance. Links mentioned in the show: FINRA releases results of study: http://www.finra.org/Newsroom/NewsReleases/2014/P456463 Take the quiz yourself by following this link: http://www.usfinancialcapability.org/quiz.php The national average is 2.88 out of 5. How will did you do? Listen to the podcast for the answers. For more information, visit the show notes at https://moneyplansos.com/are-you-smarter-than-a-millennial-mpsos147/ c9f186fa8cbe1efbd5f2cf07c945deed https://moneyplansos.com/are-you-smarter-than-a-millennial-mpsos147/ Thu, 13 Mar 2014 05:26:11 +0000 1555 no full Redefining Retirement: Interview with Mitch Anthony Redefining Retirement: Interview with Mitch Anthony 146 Steve Stewart #146: Mitch Anthony joins me in a discussion about redefining retirement. His book, The New Retirementality, helps us understand this relatively new word. Resources can be found at http://moneyplansos.com/redefining-retirement-interview-with-mitch-anthony-author-of-the-new-retirementality-mpsos146/ #146: Mitch Anthony joins me in a discussion about redefining retirement. His book, The New Retirementality, helps us understand this relatively new word. Resources can be found at http://moneyplansos.com/redefining-retirement-interview-with-mitch-anthony-author-of-the-new-retirementality-mpsos146/ 455d756cdb4f95d55fc4c353991fb6a0 http://moneyplansos.com/redefining-retirement-interview-with-mitch-anthony-author-of-the-new-retirementality-mpsos146/ Thu, 06 Mar 2014 21:11:38 +0000 1499 no full Five Ways To Reduce Financial Stress Five Ways To Reduce Financial Stress 145 Steve Stewart #145: Money can cause us to experience a large number of unnecessary anxieties. A number of things can help alleviate a majority of worries when it comes to money and finances. In this episode I give you five ways to reduce financial stress and make you feel more powerful, confident, and in control: Have $5,000 in the bank Automatically save money into a retirement plan Have a Will Rent or live in a paid-for house Carry a $100 bill in your wallet For more information, visit the show notes at https://moneyplansos.com/five-ways-to-reduce-financial-stress-mpsos145/ #145: Money can cause us to experience a large number of unnecessary anxieties. A number of things can help alleviate a majority of worries when it comes to money and finances. In this episode I give you five ways to reduce financial stress and make you feel more powerful, confident, and in control: Have $5,000 in the bank Automatically save money into a retirement plan Have a Will Rent or live in a paid-for house Carry a $100 bill in your wallet For more information, visit the show notes at https://moneyplansos.com/five-ways-to-reduce-financial-stress-mpsos145/ 1a16db473ebb0c1fc5b167b4ea756f84 https://moneyplansos.com/five-ways-to-reduce-financial-stress-mpsos145/ Fri, 21 Feb 2014 02:58:22 +0000 854 no full Tax Deductions you want (and 3 you DON'T!) Tax Deductions you want (and 3 you DON'T!) 144 Steve Stewart #144: The sole benefit of Federal form Schedule A is to give us the opportunity to keep more of our hard-earned money. These are commonly referred to as "itemized deductions." These are the tax deductions you want, and 3 you don't. For the list as well as links to Federal tax forms visit https://moneyplansos.com/tax-deductions-you-want-and-3-you-dont/ #144: The sole benefit of Federal form Schedule A is to give us the opportunity to keep more of our hard-earned money. These are commonly referred to as "itemized deductions." These are the tax deductions you want, and 3 you don't. For the list as well as links to Federal tax forms visit https://moneyplansos.com/tax-deductions-you-want-and-3-you-dont/ c263bb9a20988c0db54cca6696a3df7a https://moneyplansos.com/tax-deductions-you-want-and-3-you-dont/ Wed, 12 Feb 2014 04:46:46 +0000 1543 no full What happens to my credit score after paying off debt? What happens to my credit score after paying off debt? 143 Steve Stewart #143: What happens to my credit score after paying off debt? In this episode I share survey results that show debt-free people aren't worried about their credit score. FICO says what's in your credit score FICO says your credit score is based on the length of credit, new debt, the variety of debts, how much debt you owe, and your payment history on debts. In short, you need to borrow money for a long time. More than likely you will end up paying interest. I'd rather be paid interest than paying it. What is not included in your credit score What is not included in a credit score is your age, sex, religion, and where you live. These things are left out due to consumer protection laws that were passed to keep lenders from being biased or discriminatory. The problem with a traditional credit score is that it is selective on what to include in the calculation of your credit score and is not a fair representation of your full financial picture. Why wouldn't these things be included when calculating your ability to repay a loan? How long you have been with your current employer How much you make How much you having in savings How much you have in assets that you own Your payment history on non-debt items like rent, cell phone, or your cable bill FICO is not supposed to factor those things in but those who promote "building your credit score" make it sound as if the credit score is the most important thing you should concentrate on. I disagree. It is a distraction. Results from my debt free survey I asked individuals to respond to a quick 8 question survey: Of the 83 Respondents 66 Married (80%) 1 Widowed 6 Divorced 10 never married 100% have been approved for a credit card. No surprise there. 11 of 83 respondents (13%) never taken out a car loan. 77% (64 respondents) say they do not have any outstanding consumer debt, 26 are completely debt free. Of the 26 completely debt free respondents, 9 stated their debt free date was over 5 years ago. All of them had a score greater than 700 except for 1 who said his score was ZERO. Only 2 of the 83 respondents who have paid off all their consumer debt indicated their score was 699 or less. Are they worried about their credit score? 8 of the 9 replied "No" to being concerned about their credit score and two of them actually responded with "Not At All" concerned. Only one was concerned about his Property and Casualty insurance rate being effected by a non-existent score. As I explain in the podcast recording, this really shouldn't be a reason to stay in debt or build your credit score. [Tweet "People who get out of debt do not care about their credit scores"] Why should they? They don't need a score to tell them they are winning with money. Other credit score promoted excuses: I need a score to rent an apartment: Devin Czech asked landlords if he could rent from them even though he doesn't have a credit score or credit history. The responses are very encouraging: http://payczech.blogspot.com/2014/01/renting-with-no-credit.html Employers look at credit scores: An employer can pull your credit history before offering you a position in their company. However, if they use your SCORE as a determining factor then I would question their hiring practices. I would further go to say any employer who does not hire someone simply because they don't have a credit history is not a very good employer. Yes, bad credit is an indication of past financial problems but having no credit history is an indication that you've stayed out of debt and are financially responsible. Who wouldn't want to hire you? The bottom line? Losing your credit score is a good thing Your score will drop or disappear when you pay off debt. There are alternatives to qualifying for a home loan using services like eCredable (use promo code SOS for a free membership). The everyday American is the lowest common denominator when it comes to knowledge about credit scores - and they are the target as well. For more information, visit the show notes at https://moneyplansos.com/what-happens-to-my-credit-score-when-i-pay-off-debt-mpsos143/ #143: What happens to my credit score after paying off debt? In this episode I share survey results that show debt-free people aren't worried about their credit score. FICO says what's in your credit score FICO says your credit score is based on the length of credit, new debt, the variety of debts, how much debt you owe, and your payment history on debts. In short, you need to borrow money for a long time. More than likely you will end up paying interest. I'd rather be paid interest than paying it. What is not included in your credit score What is not included in a credit score is your age, sex, religion, and where you live. These things are left out due to consumer protection laws that were passed to keep lenders from being biased or discriminatory. The problem with a traditional credit score is that it is selective on what to include in the calculation of your credit score and is not a fair representation of your full financial picture. Why wouldn't these things be included when calculating your ability to repay a loan? How long you have been with your current employer How much you make How much you having in savings How much you have in assets that you own Your payment history on non-debt items like rent, cell phone, or your cable bill FICO is not supposed to factor those things in but those who promote "building your credit score" make it sound as if the credit score is the most important thing you should concentrate on. I disagree. It is a distraction. Results from my debt free survey I asked individuals to respond to a quick 8 question survey: Of the 83 Respondents 66 Married (80%) 1 Widowed 6 Divorced 10 never married 100% have been approved for a credit card. No surprise there. 11 of 83 respondents (13%) never taken out a car loan. 77% (64 respondents) say they do not have any outstanding consumer debt, 26 are completely debt free. Of the 26 completely debt free respondents, 9 stated their debt free date was over 5 years ago. All of them had a score greater than 700 except for 1 who said his score was ZERO. Only 2 of the 83 respondents who have paid off all their consumer debt indicated their score was 699 or less. Are they worried about their credit score? 8 of the 9 replied "No" to being concerned about their credit score and two of them actually responded with "Not At All" concerned. Only one was concerned about his Property and Casualty insurance rate being effected by a non-existent score. As I explain in the podcast recording, this really shouldn't be a reason to stay in debt or build your credit score. [Tweet "People who get out of debt do not care about their credit scores"] Why should they? They don't need a score to tell them they are winning with money. Other credit score promoted excuses: I need a score to rent an apartment: Devin Czech asked landlords if he could rent from them even though he doesn't have a credit score or credit history. The responses are very encouraging: http://payczech.blogspot.com/2014/01/renting-with-no-credit.html Employers look at credit scores: An employer can pull your credit history before offering you a position in their company. However, if they use your SCORE as a determining factor then I would question their hiring practices. I would further go to say any employer who does not hire someone simply because they don't have a credit history is not a very good employer. Yes, bad credit is an indication of past financial problems but having no credit history is an indication that you've stayed out of debt and are financially responsible. Who wouldn't want to hire you? The bottom line? Losing your credit score is a good thing Your score will drop or disappear when you pay off debt. There are alternatives to qualifying for a home loan using services like eCredable (use promo code SOS for a free membership). The everyday American is the lowest common denominator when it comes to knowledge about credit scores - and they are the target as well. For more information, visit the show notes at https://moneyplansos.com/what-happens-to-my-credit-score-when-i-pay-off-debt-mpsos143/ 9898cafb7cd6502f878b2512543af232 https://moneyplansos.com/what-happens-to-my-credit-score-when-i-pay-off-debt-mpsos143/ Thu, 06 Feb 2014 14:50:53 +0000 1333 no full This Teen's Got Cents - Eva Baker, 17yr old blogger This Teen's Got Cents - Eva Baker, 17yr old blogger 142 Steve Stewart #142: This 17 year old has got some sense! Eva Baker started a personal finance blog at http://TeensGotCents.com and is learning a lot about how money really works. This will benefit her greatly when she strikes out in this world and makes her mark. Eva tells the story of how she started a personal finance blog at age 16, how she budgets her money with a basic envelope system, and then speaks from her own personal experiences about why having a simple plan and broad goals is key for any teenager to be prepared for adulthood. For more information, visit the show notes at https://moneyplansos.com/this-teens-got-cents-mpsos142/ #142: This 17 year old has got some sense! Eva Baker started a personal finance blog at http://TeensGotCents.com and is learning a lot about how money really works. This will benefit her greatly when she strikes out in this world and makes her mark. Eva tells the story of how she started a personal finance blog at age 16, how she budgets her money with a basic envelope system, and then speaks from her own personal experiences about why having a simple plan and broad goals is key for any teenager to be prepared for adulthood. For more information, visit the show notes at https://moneyplansos.com/this-teens-got-cents-mpsos142/ ce733e0429d494ad7c8ac7ad78fa7117 https://moneyplansos.com/this-teens-got-cents-mpsos142/ Thu, 30 Jan 2014 15:40:00 +0000 1799 no full How We Doubled our Net Worth - and YOU CAN TOO! How We Doubled our Net Worth - and YOU CAN TOO! 141 Steve Stewart #141: Before starting our debt-free journey we had $176,000 in retirement accounts but our net worth was only $74,000. What's the secret that doubled our net worth in 8 years? We followed Dave Ramsey's advice: We got on a budget We stopped borrowing money We paid off all of our consumer debt We put 3 months worth of expenses in emergency savings We increased our retirement contributions once we got out of debt Our plan has us saving for our daughter's future at least six more years We continue to pay down our mortgage and put money aside for car replacement, new windows, etc. Find the full show notes at https://moneyplansos.com/how-we-doubled-our-net-worth-and-you-can-too #141: Before starting our debt-free journey we had $176,000 in retirement accounts but our net worth was only $74,000. What's the secret that doubled our net worth in 8 years? We followed Dave Ramsey's advice: We got on a budget We stopped borrowing money We paid off all of our consumer debt We put 3 months worth of expenses in emergency savings We increased our retirement contributions once we got out of debt Our plan has us saving for our daughter's future at least six more years We continue to pay down our mortgage and put money aside for car replacement, new windows, etc. Find the full show notes at https://moneyplansos.com/how-we-doubled-our-net-worth-and-you-can-too f7d70f6e0e6b46d7aade15eea05f667f https://moneyplansos.com/how-we-doubled-our-net-worth-and-you-can-too Thu, 16 Jan 2014 06:28:46 +0000 1038 no full Creditors Behaving Badly Creditors Behaving Badly 140 Steve Stewart #140: Wendy had her credit card debt discharged when a collector broke the law. You have rights under the Fair Debt Collection Practices Act. Listen to Wendy's story and how she was legally able to discharge a debt she owed. For more information, visit the show notes at https://moneyplansos.com/creditors-behaving-badly-mpsos140/ #140: Wendy had her credit card debt discharged when a collector broke the law. You have rights under the Fair Debt Collection Practices Act. Listen to Wendy's story and how she was legally able to discharge a debt she owed. For more information, visit the show notes at https://moneyplansos.com/creditors-behaving-badly-mpsos140/ 082283790018206dad664bd0ccc892ff https://moneyplansos.com/creditors-behaving-badly-mpsos140/ Fri, 10 Jan 2014 17:23:21 +0000 1595 no full Making my obsession my occupation in 2014 Making my obsession my occupation in 2014 139 Steve Stewart UPDATE: I didn't quite make it in 2014. Listen to my goals from 2 years prior to going pro with Financial Coaching. Full list of resources at http://moneyplansos.com/making-an-obsession-my-occupation/ UPDATE: I didn't quite make it in 2014. Listen to my goals from 2 years prior to going pro with Financial Coaching. Full list of resources at http://moneyplansos.com/making-an-obsession-my-occupation/ 7a7ffc4ea00b78f02793dca1fd22abb5 http://moneyplansos.com/making-an-obsession-my-occupation/ Thu, 02 Jan 2014 23:54:35 +0000 1304 no full Medi-Share Health Insurance Coverage (2014) Medi-Share Health Insurance Coverage (2014) 138 Steve Stewart #138: Are you covered by Health Insurance? It's the law, at least it will be in 2014. Medi-Share is a faith-based option that complies with the Affordable Care Act. Tony Meggs is the President and CEO of Christian Care Ministries. One of the best things they do is help Christians pay each other's medical bills through a third-party system that is pretty amazing. For more information, visit the resources in the show notes at https://moneyplansos.com/medi-share-health-insurance-for-2014/ #138: Are you covered by Health Insurance? It's the law, at least it will be in 2014. Medi-Share is a faith-based option that complies with the Affordable Care Act. Tony Meggs is the President and CEO of Christian Care Ministries. One of the best things they do is help Christians pay each other's medical bills through a third-party system that is pretty amazing. For more information, visit the resources in the show notes at https://moneyplansos.com/medi-share-health-insurance-for-2014/ 4a0f87c02408388e30ad153d96e7b68b https://moneyplansos.com/medi-share-health-insurance-for-2014/ Thu, 26 Dec 2013 18:21:12 +0000 1521 no full Paying Attention Is More Important Than Talent Paying Attention Is More Important Than Talent 137 Steve Stewart #137: Paying attention to our money, physical health, career, family, etc. allows us to reach our goals. Paying attention can be more important than talent and is second only to desire. Why paying attention is so important: Paying attention identifies where we are Paying attention shows us where the goal is Paying attention is the enemy of distractions Identifying where we are is the first step in setting a course towards the finish line. By focusing our attention on the goal we can easily ignore unnecessary distractions like water cooler conversations and Facebook updates. Paying attention is essential to winning. Major benefits of paying attention: Exposes problems and deficiencies Reveals opportunities Measures progress As an older guy with a wife that loves to cook, I have been the benefactor of many wonderful meals. My bathroom scale hasn't gone below 230 for a few years and diets don't motivate me. A listener of my podcast shared his success story of using an iPhone app to lose over 130 lbs. I doubted an app could really help me but decided to try it anyway. MyFitnessPal is a calorie counter that tells me I should eat less than 1,900 calories a day. I fail to reach that goal 9 out of 10 times. However, I still lost 10 lbs. in 2 months with very little sacrifice simply by tracking everything I consumed. How? I couldn't tell you how much extra food I was shoving into my mouth before installing the app but once I started paying attention I was able to make better menu choices with lower calorie counts. Guess what? Budgets work the same way. Pay attention to the numbers in your budget and you will likely spend less than if you didn't pay attention at all. Paying attention is more important than talent Talent is overrated. We look at actresses, athletes, and Oprah and think God gave them more from the "skills" pile than we did. That just isn't true. Racecar drivers, bodybuilders and even John Lee Dumas didn't become great until they spent hours practicing, building muscle, and focusing on their goal. Talent is nothing without attention. Even those with no talent are able to become successful. Can you say "Kardashian?" The only reason we know that name is because of all the attention the media is paying them. We can all agree that water is refreshing, non-toxic, and life sustaining. It's harmless in a motionless state. However, run water over your hands and you can wash away dirt. Place your thumb over the end of a garden hose and it turns into a small power-washer. Concentrate enough water into a very small stream under pressure and you can cut through steel. The tortoise didn't have racing talent; he just paid attention to the goal more than the hare. By focusing our attention we can achieve unbelievable things, even with little talent. Paying attention is second only to desire Desire is what feeds our spirit Desire gives us purpose Desire will keep someone from quitting Desire draws us closer to who we truly want to be. It gives us purpose and a reason to become productive members of society. Desire can also drive you to beat the odds. It caused Thomas Edison to continue working on the light bulb after thousands of failed attempts. It is what turned former prison inmate Nelson Mandela into the President of his country. It is what fueled Erik Bendl's walk across the country with only a backpack, his dog Nice, and a 5-foot globe. Desire keeps us from quitting before we reach the finish line. The cost of paying attention For some people, it's easy to set their mind to a task and not become distracted. I wish it were that easy for me. Paying attention takes a lot of mental energy and wears me out. That's both a good and a bad thing. I'm usually exhausted after paying attention for some period of time but also energized by accomplishing some goal or making progress on a task. Other costs of paying attention may include Shifting our priorities to make positive change Quitting certain things we are used to doing habitually Getting flack from friends and relatives who see us doing things differently I believe paying attention is the most expensive daily activity that will also return the greatest dividends over time. Marathon runners and IronMan contestants train for months, sometimes years, in order to compete for a couple hours in one day. That's dedication. That's paying a price. That's paying attention to what is important to you. For more information, visit the show notes at https://moneyplansos.com/paying-attention-is-more-important-than-talent-mpsos137/ #137: Paying attention to our money, physical health, career, family, etc. allows us to reach our goals. Paying attention can be more important than talent and is second only to desire. Why paying attention is so important: Paying attention identifies where we are Paying attention shows us where the goal is Paying attention is the enemy of distractions Identifying where we are is the first step in setting a course towards the finish line. By focusing our attention on the goal we can easily ignore unnecessary distractions like water cooler conversations and Facebook updates. Paying attention is essential to winning. Major benefits of paying attention: Exposes problems and deficiencies Reveals opportunities Measures progress As an older guy with a wife that loves to cook, I have been the benefactor of many wonderful meals. My bathroom scale hasn't gone below 230 for a few years and diets don't motivate me. A listener of my podcast shared his success story of using an iPhone app to lose over 130 lbs. I doubted an app could really help me but decided to try it anyway. MyFitnessPal is a calorie counter that tells me I should eat less than 1,900 calories a day. I fail to reach that goal 9 out of 10 times. However, I still lost 10 lbs. in 2 months with very little sacrifice simply by tracking everything I consumed. How? I couldn't tell you how much extra food I was shoving into my mouth before installing the app but once I started paying attention I was able to make better menu choices with lower calorie counts. Guess what? Budgets work the same way. Pay attention to the numbers in your budget and you will likely spend less than if you didn't pay attention at all. Paying attention is more important than talent Talent is overrated. We look at actresses, athletes, and Oprah and think God gave them more from the "skills" pile than we did. That just isn't true. Racecar drivers, bodybuilders and even John Lee Dumas didn't become great until they spent hours practicing, building muscle, and focusing on their goal. Talent is nothing without attention. Even those with no talent are able to become successful. Can you say "Kardashian?" The only reason we know that name is because of all the attention the media is paying them. We can all agree that water is refreshing, non-toxic, and life sustaining. It's harmless in a motionless state. However, run water over your hands and you can wash away dirt. Place your thumb over the end of a garden hose and it turns into a small power-washer. Concentrate enough water into a very small stream under pressure and you can cut through steel. The tortoise didn't have racing talent; he just paid attention to the goal more than the hare. By focusing our attention we can achieve unbelievable things, even with little talent. Paying attention is second only to desire Desire is what feeds our spirit Desire gives us purpose Desire will keep someone from quitting Desire draws us closer to who we truly want to be. It gives us purpose and a reason to become productive members of society. Desire can also drive you to beat the odds. It caused Thomas Edison to continue working on the light bulb after thousands of failed attempts. It is what turned former prison inmate Nelson Mandela into the President of his country. It is what fueled Erik Bendl's walk across the country with only a backpack, his dog Nice, and a 5-foot globe. Desire keeps us from quitting before we reach the finish line. The cost of paying attention For some people, it's easy to set their mind to a task and not become distracted. I wish it were that easy for me. Paying attention takes a lot of mental energy and wears me out. That's both a good and a bad thing. I'm usually exhausted after paying attention for some period of time but also energized by accomplishing some goal or making progress on a task. Other costs of paying attention may include Shifting our priorities to make positive change Quitting certain things we are used to doing habitually Getting flack from friends and relatives who see us doing things differently I believe paying attention is the most expensive daily activity that will also return the greatest dividends over time. Marathon runners and IronMan contestants train for months, sometimes years, in order to compete for a couple hours in one day. That's dedication. That's paying a price. That's paying attention to what is important to you. For more information, visit the show notes at https://moneyplansos.com/paying-attention-is-more-important-than-talent-mpsos137/ 6d3f196218e981afc6b2aeb049e20c12 https://moneyplansos.com/paying-attention-is-more-important-than-talent-mpsos137/ Thu, 19 Dec 2013 14:51:34 +0000 899 no full How to Talk to Aging Parents about Money Problems How to Talk to Aging Parents about Money Problems 136 Steve Stewart #136: Over the past year I have received calls and messages from adult children who are concerned for their parent's finances. Papa has been working hard for decades and Mama was promised that she would never have to work outside of the home again. Papa has been stripped of any financial responsibilities because he wrote some bad checks years ago. Mama took over the household finances since then but has a problem with over-consumption. As a result they have more debt than they have money saved. They have no idea what retirement is going to look like when Papa turns 65. How do you talk to your parents about their money problems? When visiting with aging parents this holiday season, look for signals or cues for the inroads to talk with your parents about their money problems. It's not comfortable, it certainly won't be fun, but you want what is best for your parents. Your best bet is to follow the do's and don'ts of how to talk to parents about their money problems. Do's: Continue finding opportunities to bring up what you have learned. Be a real-life testimony for your parents to learn from. Blame the CULTURE for all "easy credit" and for removing the stigma of maintaining tons of debt. This is an "I understand your difficulties, Mom and Dad" point-of-view and it might bring them closer to realizing the problem. Encourage your Dad through this difficult time. He is the best chance of making an "inroad" for change in your Mom. Ask them "What are you going to do when Dad stops working"? (Things that make you go hmmmmm) Ask them "What did your parents do when retiring with very little money"? Don'ts: Don't EVER say "Dave Ramsey says" unless grandmama listens to his radio show herself. Don't EVER sit quietly by when the word "bankruptcy" is spoken. This is a great time to speak up and preach about personal responsibility. Don't EVER give them money without a requirement for change or you will discover the $100 electric bill you paid for your mom is exactly the same amount she spent at the department store the next day. These suggestions may not solve the problem but they will open the doors for opportunities to help. Giving up on them would be disrespectful, even if they tell you to buzz off and mind your own business! Be patient and remain alert for any opportunities that might help your parents pay attention, not interest. For more information, visit the show notes at https://moneyplansos.com/how-to-talk-to-parents-about-their-money-problems/ #136: Over the past year I have received calls and messages from adult children who are concerned for their parent's finances. Papa has been working hard for decades and Mama was promised that she would never have to work outside of the home again. Papa has been stripped of any financial responsibilities because he wrote some bad checks years ago. Mama took over the household finances since then but has a problem with over-consumption. As a result they have more debt than they have money saved. They have no idea what retirement is going to look like when Papa turns 65. How do you talk to your parents about their money problems? When visiting with aging parents this holiday season, look for signals or cues for the inroads to talk with your parents about their money problems. It's not comfortable, it certainly won't be fun, but you want what is best for your parents. Your best bet is to follow the do's and don'ts of how to talk to parents about their money problems. Do's: Continue finding opportunities to bring up what you have learned. Be a real-life testimony for your parents to learn from. Blame the CULTURE for all "easy credit" and for removing the stigma of maintaining tons of debt. This is an "I understand your difficulties, Mom and Dad" point-of-view and it might bring them closer to realizing the problem. Encourage your Dad through this difficult time. He is the best chance of making an "inroad" for change in your Mom. Ask them "What are you going to do when Dad stops working"? (Things that make you go hmmmmm) Ask them "What did your parents do when retiring with very little money"? Don'ts: Don't EVER say "Dave Ramsey says" unless grandmama listens to his radio show herself. Don't EVER sit quietly by when the word "bankruptcy" is spoken. This is a great time to speak up and preach about personal responsibility. Don't EVER give them money without a requirement for change or you will discover the $100 electric bill you paid for your mom is exactly the same amount she spent at the department store the next day. These suggestions may not solve the problem but they will open the doors for opportunities to help. Giving up on them would be disrespectful, even if they tell you to buzz off and mind your own business! Be patient and remain alert for any opportunities that might help your parents pay attention, not interest. For more information, visit the show notes at https://moneyplansos.com/how-to-talk-to-parents-about-their-money-problems/ 7576b621582974daebf429c9979fd610 https://moneyplansos.com/how-to-talk-to-parents-about-their-money-problems/ Thu, 12 Dec 2013 06:36:12 +0000 990 no full Why Credit Cards Are Against My Religion Why Credit Cards Are Against My Religion 135 Steve Stewart #135: Credit cards are against my religion. It seems like a sensational title to get you to click play - but it's absolutely true. What's scary is it might be against your religion too. Are Credit Cards evil? No, they are not evil. Electronic payment options are an advance in technology. Just as computers and eye glasses and even the fork was an advancement in technology, electronic payments are a technological progression. This is not the reason I believe credit cards are against my religion. The problem with Credit Cards People "overexpend" themselves and now they are paying interest. For those who pay off each month there is still evidence that they will spend more than if they pay with cash. There's no visible boundary and the human condition is to get what we want instantly. This leads to impulse purchases and the "I want it now" syndrome. There is less accountability when spouses have their own cards Do you and your spouse have separate checking accounts? Yes? If so, is it the most efficient way to manage your household's income? Making the claim that your separate account system is working just as well as a couple who has to share the same checking account with 2 debit cards and/or cash envelope system is lying to yourself. This is also true of having "His and Hers" credit cards on different accounts Making the decision, and forcing yourselves to comply, to have one single place where all the money is divvied-up is more efficient because both partners have someone to hold themselves accountable to. One person will feel they "deserve" something and spend more than they would otherwise. Then when the other finds out they feel justified to buy themselves something nice and the cycle continues. Money fights and money problems are the number one cause of divorce The Credit card topic is the one battlefield where spouses can rally together and easily conquer the enemy of overspending and debt. There they find the strength to fight the other money problems like huge student loan debts or medical bills. Avoiding the problems caused by credit cards is an easy battle to win when fighting 6-digit Sally Mae loans or escalating medical bills. Work together in one account with 2 debit cards for the good of your household. If this has shined a light on why you and your spouse can't seem to get ahead with your finances then good. We are leading up to the reason why credit cards are against my religion. Credit cards lead to false goals I want you to answer this question out loud. If you are streaming the show via Stitcher in a coffee shop or driving to work or walking the dog, answer this question verbally: What are the benefits of using a credit card? Did you say any of the following? You need a credit card for travel Possible discounts on purchases I get to use other people's money (OPM) Debit cards aren't safe I get rewards or cash back Which of these lead to accomplishing financial goals? None of them. They barely help you get ahead when accompanied by the "overexpending" that goes on while using credit cards. Also, many of the excuses are no longer true. Listen to the episode for details. More profit for credit card companies increases credit card offers being sent to your neighbor's mailbox. The result is more money being taken away from your community via Swipe Fees, and you aren't able to spend as much time (or money) building God's kingdom. Jesus died to pay my debts so why should I be indebted to someone else? Call to action: Stop using your credit cards for 3 months and use cash or Debit instead. Take money away from big banks that have no effect on your local economy but harm your neighbors. For more information, visit the show notes at https://moneyplansos.com/the-devil-doesnt-want-you-to-hear-this-credit-cards-are-against-my-religion/ #135: Credit cards are against my religion. It seems like a sensational title to get you to click play - but it's absolutely true. What's scary is it might be against your religion too. Are Credit Cards evil? No, they are not evil. Electronic payment options are an advance in technology. Just as computers and eye glasses and even the fork was an advancement in technology, electronic payments are a technological progression. This is not the reason I believe credit cards are against my religion. The problem with Credit Cards People "overexpend" themselves and now they are paying interest. For those who pay off each month there is still evidence that they will spend more than if they pay with cash. There's no visible boundary and the human condition is to get what we want instantly. This leads to impulse purchases and the "I want it now" syndrome. There is less accountability when spouses have their own cards Do you and your spouse have separate checking accounts? Yes? If so, is it the most efficient way to manage your household's income? Making the claim that your separate account system is working just as well as a couple who has to share the same checking account with 2 debit cards and/or cash envelope system is lying to yourself. This is also true of having "His and Hers" credit cards on different accounts Making the decision, and forcing yourselves to comply, to have one single place where all the money is divvied-up is more efficient because both partners have someone to hold themselves accountable to. One person will feel they "deserve" something and spend more than they would otherwise. Then when the other finds out they feel justified to buy themselves something nice and the cycle continues. Money fights and money problems are the number one cause of divorce The Credit card topic is the one battlefield where spouses can rally together and easily conquer the enemy of overspending and debt. There they find the strength to fight the other money problems like huge student loan debts or medical bills. Avoiding the problems caused by credit cards is an easy battle to win when fighting 6-digit Sally Mae loans or escalating medical bills. Work together in one account with 2 debit cards for the good of your household. If this has shined a light on why you and your spouse can't seem to get ahead with your finances then good. We are leading up to the reason why credit cards are against my religion. Credit cards lead to false goals I want you to answer this question out loud. If you are streaming the show via Stitcher in a coffee shop or driving to work or walking the dog, answer this question verbally: What are the benefits of using a credit card? Did you say any of the following? You need a credit card for travel Possible discounts on purchases I get to use other people's money (OPM) Debit cards aren't safe I get rewards or cash back Which of these lead to accomplishing financial goals? None of them. They barely help you get ahead when accompanied by the "overexpending" that goes on while using credit cards. Also, many of the excuses are no longer true. Listen to the episode for details. More profit for credit card companies increases credit card offers being sent to your neighbor's mailbox. The result is more money being taken away from your community via Swipe Fees, and you aren't able to spend as much time (or money) building God's kingdom. Jesus died to pay my debts so why should I be indebted to someone else? Call to action: Stop using your credit cards for 3 months and use cash or Debit instead. Take money away from big banks that have no effect on your local economy but harm your neighbors. For more information, visit the show notes at https://moneyplansos.com/the-devil-doesnt-want-you-to-hear-this-credit-cards-are-against-my-religion/ 8c089fa5b78c96ae880f752e89de786f https://moneyplansos.com/the-devil-doesnt-want-you-to-hear-this-credit-cards-are-against-my-religion/ Thu, 05 Dec 2013 04:29:53 +0000 1410 no full 7 Common Denominators Of The Wealthy 7 Common Denominators Of The Wealthy 134 Steve Stewart #134: Thomas Stanley found several common denominators when he studied the wealth. Extras: In this episode I feature some of the conversations I had with Pat Flynn from SmartPassiveIncome.com and Dustin Hartzler from YourWebsiteEngineer.com. Good stuff! For more about being wealthy, check out the resources in the show notes at https://moneyplansos.com/7-common-denominators-of-the-wealthy/ #134: Thomas Stanley found several common denominators when he studied the wealth. Extras: In this episode I feature some of the conversations I had with Pat Flynn from SmartPassiveIncome.com and Dustin Hartzler from YourWebsiteEngineer.com. Good stuff! For more about being wealthy, check out the resources in the show notes at https://moneyplansos.com/7-common-denominators-of-the-wealthy/ f81a93497ac0304eca4251bc23256c27 https://moneyplansos.com/7-common-denominators-of-the-wealthy/ Tue, 26 Nov 2013 12:00:00 +0000 1109 no full 5 Ways To Save Money In December 5 Ways To Save Money In December 133 Steve Stewart #133: The holidays are upon us. The year is almost over. Like it or not, the winter season is in full gear and more money changes hands in December than at any other time. It's also the best time of the year. College students come home for the holidays, relatives send well-wishes in the form of [See more at https://moneyplansos.com/5-ways-to-save-money-in-december-mpsos133] #133: The holidays are upon us. The year is almost over. Like it or not, the winter season is in full gear and more money changes hands in December than at any other time. It's also the best time of the year. College students come home for the holidays, relatives send well-wishes in the form of [See more at https://moneyplansos.com/5-ways-to-save-money-in-december-mpsos133] http://moneyplansos.com/?p=6308 http://moneyplansos.com/5-ways-to-save-money-in-december-mpsos133/ Thu, 21 Nov 2013 03:04:16 +0000 641 no full How To Pay for Things With Cash: An FPU Graduate's Testimony How To Pay for Things With Cash: An FPU Graduate's Testimony 132 Steve Stewart #132: How To Pay for Things With Cash: An FPU Graduate's Testimony Financial Peace University is a 9-week course taught on DVD by nationally syndicated radio host Dave Ramsey. The class covers everything from how to control spending with a budget to real estate and investing for retirement. Millions of families have taken this course and [...] The post How To Pay for Things With Cash: An FPU Graduate's Testimony appeared first on MoneyPlan SOS. #132: How To Pay for Things With Cash: An FPU Graduate's Testimony Financial Peace University is a 9-week course taught on DVD by nationally syndicated radio host Dave Ramsey. The class covers everything from how to control spending with a budget to real estate and investing for retirement. Millions of families have taken this course and [...] The post How To Pay for Things With Cash: An FPU Graduate's Testimony appeared first on MoneyPlan SOS. http://moneyplansos.com/?p=6282 http://moneyplansos.com/how-to-pay-for-things-with-cash-an-fpu-graduates-testimony/ Thu, 14 Nov 2013 12:14:35 +0000 1094 no full Financial Lessons That Stand The Test Of Time Financial Lessons That Stand The Test Of Time 131 Steve Stewart #131: It takes a lifetime to learn how money works. With the speed of change, the creation of new financial products and an overabundance of data that can be reached simply by tapping on your iPhone, you would think there are many things I was taught about finances that no longer apply today. For more information, visit the show notes at https://moneyplansos.com/financial-lessons-that-stand-the-test-of-time/ #131: It takes a lifetime to learn how money works. With the speed of change, the creation of new financial products and an overabundance of data that can be reached simply by tapping on your iPhone, you would think there are many things I was taught about finances that no longer apply today. For more information, visit the show notes at https://moneyplansos.com/financial-lessons-that-stand-the-test-of-time/ http://moneyplansos.com/?p=6262 http://moneyplansos.com/financial-lessons-that-stand-the-test-of-time/ Thu, 07 Nov 2013 08:41:26 +0000 766 no full The Most Powerful Payment Option is __________ The Most Powerful Payment Option is __________ 130 Steve Stewart #130: The greatest tool that lets us live on less than we make is an option that has been around for ages: CASH. And it's not going away any time soon. The awesome benefits of paying with cash will make your budget go farther... Read more at https://moneyplansos.com/the-most-powerful-payment-option/ #130: The greatest tool that lets us live on less than we make is an option that has been around for ages: CASH. And it's not going away any time soon. The awesome benefits of paying with cash will make your budget go farther... Read more at https://moneyplansos.com/the-most-powerful-payment-option/ http://moneyplansos.com/?p=6241 http://moneyplansos.com/the-most-powerful-payment-option/ Thu, 31 Oct 2013 06:40:05 +0000 2021 no full FinCon13 Game Show recorded live from St. Louis FinCon13 Game Show recorded live from St. Louis 129 Steve Stewart #129: LIVE from the FinCon Expo - find out if you know more about money and investing than financial bloggers. This show was recorded live at #FinCon13 in St. Louis on October 19, 2013. Personal Finance Bloggers competed for prizes by answering a variety of money-based trivia, filling in the blanks, and competing head-to-head in [...] The post FinCon13 Game Show recorded live from St. Louis appeared first on MoneyPlan SOS. #129: LIVE from the FinCon Expo - find out if you know more about money and investing than financial bloggers. This show was recorded live at #FinCon13 in St. Louis on October 19, 2013. Personal Finance Bloggers competed for prizes by answering a variety of money-based trivia, filling in the blanks, and competing head-to-head in [...] The post FinCon13 Game Show recorded live from St. Louis appeared first on MoneyPlan SOS. http://moneyplansos.com/?p=6219 http://moneyplansos.com/fincon13-game-show-recorded-live-from-st-louis/ Wed, 23 Oct 2013 13:17:09 +0000 1589 no full About Medishare [Medi-share], with Bob Lotich from Seeditme About Medishare [Medi-share], with Bob Lotich from Seeditme 128 Steve Stewart #128: Bob Lotich, Founder of ChristianPF.com (now Seedtime.com), has been a customer of Medi-Share for over four years. He shares the moments when he used them and how much Medi-Share saved him money when he broke his hand. What is Medi-share Medi-Share is a healthcare sharing program, also known as a "Christian Care Medical Sharing" program, where participants [See More at About Medi-share and Dissecting Cardmember Services] #128: Bob Lotich, Founder of ChristianPF.com (now Seedtime.com), has been a customer of Medi-Share for over four years. He shares the moments when he used them and how much Medi-Share saved him money when he broke his hand. What is Medi-share Medi-Share is a healthcare sharing program, also known as a "Christian Care Medical Sharing" program, where participants [See More at About Medi-share and Dissecting Cardmember Services] http://moneyplansos.com/?p=6203 http://moneyplansos.com/about-medi-share-and-disecting-cardmember-services/ Wed, 16 Oct 2013 02:01:18 +0000 1721 no full Trickle-down Effect For Your Savings Buckets Trickle-down Effect For Your Savings Buckets 127 Steve Stewart #127: Where should I save my emergency fund? Should I begin with investing or put money away for my kids? These are the questions of a young couple that wanted to make sure they were saving money in the right places. This episode will give you a clear picture of how your extra money should trickle-down [...] The post Trickle-down Effect For Your Savings Buckets appeared first on MoneyPlan SOS. #127: Where should I save my emergency fund? Should I begin with investing or put money away for my kids? These are the questions of a young couple that wanted to make sure they were saving money in the right places. This episode will give you a clear picture of how your extra money should trickle-down [...] The post Trickle-down Effect For Your Savings Buckets appeared first on MoneyPlan SOS. http://moneyplansos.com/?p=6166 http://moneyplansos.com/trickle-down-effect-for-your-savings-buckets/ Thu, 10 Oct 2013 02:38:05 +0000 1636 no full 4 Steps to Get Away from Credit Cards Forever! 4 Steps to Get Away from Credit Cards Forever! 126 Steve Stewart #126: How To Get Away From Credit Card Debt Forever. These 4 Steps slowly weens you away from your dependency on credit cards. The old rules about credit cards no longer exist How long have we been hearing that debit cards are not as safe as credit cards? How many years has Suze Orman scared us [...] The post Get Away From Credit Cards Forever appeared first on MoneyPlan SOS. #126: How To Get Away From Credit Card Debt Forever. These 4 Steps slowly weens you away from your dependency on credit cards. The old rules about credit cards no longer exist How long have we been hearing that debit cards are not as safe as credit cards? How many years has Suze Orman scared us [...] The post Get Away From Credit Cards Forever appeared first on MoneyPlan SOS. http://moneyplansos.com/?p=6141 http://moneyplansos.com/get-away-from-credit-cards-forever/ Wed, 02 Oct 2013 06:05:56 +0000 1620 no full 1, 2, or 5 Talents: God Wants You To Be Rich 1, 2, or 5 Talents: God Wants You To Be Rich 125 Steve Stewart #125: God wants you to be rich. How do I know? Because Jesus died to pay our debts - so at least we all get to start with a net worth of zero! Also, Jesus also told us the Parable of the Talents. It's a story of a rich man that went away and left a [read more at https://moneyplansos.com/1-2-or-5-talents-god-wants-you-to-be-rich-mpsos125/] #125: God wants you to be rich. How do I know? Because Jesus died to pay our debts - so at least we all get to start with a net worth of zero! Also, Jesus also told us the Parable of the Talents. It's a story of a rich man that went away and left a [read more at https://moneyplansos.com/1-2-or-5-talents-god-wants-you-to-be-rich-mpsos125/] http://moneyplansos.com/?p=6117 http://moneyplansos.com/1-2-or-5-talents-god-wants-you-to-be-rich-mpsos125/ Wed, 25 Sep 2013 01:05:46 +0000 1323 no full 4 Steps To Making Smart Purchasing Decisions 4 Steps To Making Smart Purchasing Decisions 124 Steve Stewart #124: There are 4 steps to help make smart purchasing decisions. Being responsible with your money is very important when trying to get out of debt. We all want our money to go as far as it can and wasting money isn't being responsible money managers. The better we use our money the more we have to [...] The post 4 Steps To Making Smart Purchasing Decisions - MPSOS124 appeared first on MoneyPlan SOS. #124: There are 4 steps to help make smart purchasing decisions. Being responsible with your money is very important when trying to get out of debt. We all want our money to go as far as it can and wasting money isn't being responsible money managers. The better we use our money the more we have to [...] The post 4 Steps To Making Smart Purchasing Decisions - MPSOS124 appeared first on MoneyPlan SOS. http://moneyplansos.com/?p=6084 http://moneyplansos.com/4-steps-making-smart-purchasing-decisions/ Fri, 13 Sep 2013 22:58:57 +0000 1239 no full 1-2-3: Three Budgeting Processes that WORK 1-2-3: Three Budgeting Processes that WORK 123 Steve Stewart #123: CBS news reported that 76% of American households are living paycheck to paycheck. Less than half have three months of worth savings. We are sending our kids to college with no money and over a trillion dollars of outstanding student loan debt. Normal in America is being broke. It's time to get weird.It's time to stop managing our [...] The post Three Budgeting Processes That Work appeared first on MoneyPlan SOS. #123: CBS news reported that 76% of American households are living paycheck to paycheck. Less than half have three months of worth savings. We are sending our kids to college with no money and over a trillion dollars of outstanding student loan debt. Normal in America is being broke. It's time to get weird.It's time to stop managing our [...] The post Three Budgeting Processes That Work appeared first on MoneyPlan SOS. http://moneyplansos.com/?p=6068 http://moneyplansos.com/three-budgeting-processes-work/ Fri, 06 Sep 2013 11:33:42 +0000 1679 no full Can You Really Retire Early? Featuring Dividend Mantra and Kraig Mathias Can You Really Retire Early? Featuring Dividend Mantra and Kraig Mathias 122 Steve Stewart #122: What does it take to retire early? Saving a ton of money now and/or building a business that will provide you with a stream of income are two ways to make it happen! The DividendMantra, Jason Fieber, and Kraig Mathias from YoungCheapLiving.com share their stories with us. Saving for retirement in non-retirement options Jason and [...] The post Can You Really Retire Early? DividendMantra and YoungCheapLiving appeared first on MoneyPlan SOS. #122: What does it take to retire early? Saving a ton of money now and/or building a business that will provide you with a stream of income are two ways to make it happen! The DividendMantra, Jason Fieber, and Kraig Mathias from YoungCheapLiving.com share their stories with us. Saving for retirement in non-retirement options Jason and [...] The post Can You Really Retire Early? DividendMantra and YoungCheapLiving appeared first on MoneyPlan SOS. http://moneyplansos.com/?p=6014 http://moneyplansos.com/can-you-really-retire-early/ Thu, 29 Aug 2013 17:01:44 +0000 3099 no full Equifax Got Sued, Jeff Rose's Soldier Of Finance, and No Free Lunch Equifax Got Sued, Jeff Rose's Soldier Of Finance, and No Free Lunch 121 Steve Stewart #121: Equifax got sued, Jeff Rose talks about his new book "Soldier of Finance", and there's not such thing as a free lunch. Jeff Rose is on a Roll Jeff and his blogger-wife Mandy have just released a new podcast geared towards bloggers and online marketers. It is dedicated to giving you tips, strategies and success [...] The post Equifax Got Sued, Jeff Rose's Soldier Of Finance, and No Free Lunch appeared first on MoneyPlan SOS. #121: Equifax got sued, Jeff Rose talks about his new book "Soldier of Finance", and there's not such thing as a free lunch. Jeff Rose is on a Roll Jeff and his blogger-wife Mandy have just released a new podcast geared towards bloggers and online marketers. It is dedicated to giving you tips, strategies and success [...] The post Equifax Got Sued, Jeff Rose's Soldier Of Finance, and No Free Lunch appeared first on MoneyPlan SOS. http://moneyplansos.com/?p=5997 http://moneyplansos.com/equifax-got-sued-jeff-roses-soldier-of-finance-and-no-free-lunch/ Wed, 21 Aug 2013 21:57:34 +0000 1680 no full What Happened To PerkStreet? What Happened To PerkStreet? 120 Steve Stewart #120: PerkStreet closed its doors in 2013. Listen to an exclusive interview with PerksStreet CEO, Dan O'Malley about what happened to PerkStreet, what happens to our money, and what about the Perks? One of my soldiers is down: PerkStreet was that final ammunition that proved you don't need a credit card to exist and prosper in America [See more at What Happened To PerkStreet?] #120: PerkStreet closed its doors in 2013. Listen to an exclusive interview with PerksStreet CEO, Dan O'Malley about what happened to PerkStreet, what happens to our money, and what about the Perks? One of my soldiers is down: PerkStreet was that final ammunition that proved you don't need a credit card to exist and prosper in America [See more at What Happened To PerkStreet?] http://moneyplansos.com/?p=5987 http://moneyplansos.com/what-happened-to-perkstreet-mpsos120-podcast/ Wed, 14 Aug 2013 23:00:43 +0000 1164 no full The Real Cost to be a Stay At Home Mom The Real Cost to be a Stay At Home Mom 119 Steve Stewart #119: Our culture is so material-driven that it keeps many of us in jobs we hate, stressed out to the point that it is unhealthy, and disconnected from our own families. The position of "Stay At Home Mom" has been eliminated in order to achieve the "American Dream". When we get out of high school and [...] Find out more by visiting http://stevestewart.me/the-real-cost-to-be-a-stay-at-home-mom #119: Our culture is so material-driven that it keeps many of us in jobs we hate, stressed out to the point that it is unhealthy, and disconnected from our own families. The position of "Stay At Home Mom" has been eliminated in order to achieve the "American Dream". When we get out of high school and [...] Find out more by visiting http://stevestewart.me/the-real-cost-to-be-a-stay-at-home-mom http://moneyplansos.com/?p=5960 http://moneyplansos.com/the-real-cost-to-be-a-stay-at-home-mom/ Thu, 08 Aug 2013 00:54:57 +0000 1562 no full Stay in your Investing Seat! How baseball and Investing are the same Stay in your Investing Seat! How baseball and Investing are the same 118 Steve Stewart #118: The Wall Street Journal released an article that shows the average 3 hour major league baseball game averages only 18 minutes of actual actions. That means there is absolutely nothing happening 90 percent of the time. Those 18 minutes contain all the real action and the real big plays often last less than 30 seconds. [...] For more information, go to https://moneyplansos.com/stay-in-your-investing-seat #118: The Wall Street Journal released an article that shows the average 3 hour major league baseball game averages only 18 minutes of actual actions. That means there is absolutely nothing happening 90 percent of the time. Those 18 minutes contain all the real action and the real big plays often last less than 30 seconds. [...] For more information, go to https://moneyplansos.com/stay-in-your-investing-seat http://moneyplansos.com/?p=5933 https://moneyplansos.com/stay-in-your-investing-seat Thu, 01 Aug 2013 02:05:28 +0000 1409 no full Baby Step 7: Build Wealth and Leave a Legacy Baby Step 7: Build Wealth and Leave a Legacy 117 Steve Stewart #117: Dave Ramsey's 7th Baby Step is to Build Wealth and Give. If you've been following each step then you have absolutely no debt, even the house, and you have more than three months worth of expenses in savings. I believe there is more to BS7 and it should be renamed Build Wealth and Leave a [...] The post Baby Step 7: Build Wealth and Leave a Legacy - MPSOS117 [podcast] appeared first on MoneyPlan SOS. #117: Dave Ramsey's 7th Baby Step is to Build Wealth and Give. If you've been following each step then you have absolutely no debt, even the house, and you have more than three months worth of expenses in savings. I believe there is more to BS7 and it should be renamed Build Wealth and Leave a [...] The post Baby Step 7: Build Wealth and Leave a Legacy - MPSOS117 [podcast] appeared first on MoneyPlan SOS. http://moneyplansos.com/?p=5918 http://moneyplansos.com/baby-step-7-build-wealth-and-leave-a-legacy/ Tue, 23 Jul 2013 09:30:29 +0000 2438 no full Baby Step 6: Pay off the house Baby Step 6: Pay off the house 116 Steve Stewart #116: Paying off the house early is Dave Ramsey's Baby Step #6 UPDATE: We paid our house off in December 2015. Why should you pay off the house early? Owning a home free-and-clear means you don't pay rent or a monthly mortgage payment - you have no obligations on for the place [...] The post Baby Step 6: Pay off the house - MPSOS116 [podcast] appeared first on MoneyPlan SOS. #116: Paying off the house early is Dave Ramsey's Baby Step #6 UPDATE: We paid our house off in December 2015. Why should you pay off the house early? Owning a home free-and-clear means you don't pay rent or a monthly mortgage payment - you have no obligations on for the place [...] The post Baby Step 6: Pay off the house - MPSOS116 [podcast] appeared first on MoneyPlan SOS. http://moneyplansos.com/?p=5908 http://moneyplansos.com/baby-step-6-pay-off-the-house-mpsos116-podcast/ Thu, 18 Jul 2013 01:14:54 +0000 1426 no full Baby Step 5 with Rachel Cruze: Save For Kid's College Baby Step 5 with Rachel Cruze: Save For Kid's College 115 Steve Stewart #115: Special guest Rachel Cruze discusses ways to pay for kid's college as we talk about Dave Ramsey's Baby Step 5. Baby Step #5 is to save for kid's college. Once we have gotten ourselves out of debt and started to save 15% in retirement it is time to save for our children's higher education. College expenses have [...] The post Baby Step 5 with Rachel Cruze: Save For Kid's College - MPSOS115 [podcast] appeared first on MoneyPlan SOS. #115: Special guest Rachel Cruze discusses ways to pay for kid's college as we talk about Dave Ramsey's Baby Step 5. Baby Step #5 is to save for kid's college. Once we have gotten ourselves out of debt and started to save 15% in retirement it is time to save for our children's higher education. College expenses have [...] The post Baby Step 5 with Rachel Cruze: Save For Kid's College - MPSOS115 [podcast] appeared first on MoneyPlan SOS. http://moneyplansos.com/?p=5892 http://moneyplansos.com/baby-step-5-with-rachel-cruze-save-for-kids-college/ Wed, 10 Jul 2013 01:35:38 +0000 1619 no full Baby Step 4: Invest 15% for retirement Baby Step 4: Invest 15% for retirement 114 Steve Stewart #114: Dave Ramsey's 4th Baby Step is to invest 15% for retirement. This brings you half way through a complete Total Money Makeover - and the rest is pretty easy. Baby Step 4: The Easiest Baby Step Dave Ramsey's BS4 is to invest 15% for retirement [click here to see more at https://moneyplansos.com/baby-step-4-invest-15-for-retirement-podcast] #114: Dave Ramsey's 4th Baby Step is to invest 15% for retirement. This brings you half way through a complete Total Money Makeover - and the rest is pretty easy. Baby Step 4: The Easiest Baby Step Dave Ramsey's BS4 is to invest 15% for retirement [click here to see more at https://moneyplansos.com/baby-step-4-invest-15-for-retirement-podcast] http://moneyplansos.com/?p=5854 https://moneyplansos.com/baby-step-4-invest-15-for-retirement-podcast/ Fri, 28 Jun 2013 00:05:25 +0000 1268 no full Baby Step 3: Save 3-6 Months of Expenses Baby Step 3: Save 3-6 Months of Expenses 113 Steve Stewart #113: Baby Step 3: Save 3-6 Months Of Expenses. Dave Ramsey's third Baby Step is to create a fully-funded emergency fund equal to three to six times your average monthly expenses. Why? Emergencies come in many shapes and sizes Car troubles (repairs, accidents, and what I call "beater replacement") House repairs (roof, HV/AC, fence damage) Unemployment [...] The post Baby Step 3: Save 3-6 Months of Expenses [podcast] appeared first on MoneyPlan SOS. #113: Baby Step 3: Save 3-6 Months Of Expenses. Dave Ramsey's third Baby Step is to create a fully-funded emergency fund equal to three to six times your average monthly expenses. Why? Emergencies come in many shapes and sizes Car troubles (repairs, accidents, and what I call "beater replacement") House repairs (roof, HV/AC, fence damage) Unemployment [...] The post Baby Step 3: Save 3-6 Months of Expenses [podcast] appeared first on MoneyPlan SOS. http://moneyplansos.com/?p=5836 http://moneyplansos.com/baby-step-3-save-3-6-months-of-expenses-podcast/ Fri, 21 Jun 2013 01:45:46 +0000 1219 no full Baby Step 2: The Debt Snowball Method Baby Step 2: The Debt Snowball Method 112 Steve Stewart #112: This is Week 2 in the 7 week series of Dave Ramsey's Baby Steps to Financial Peace. Last week I talked briefly about Baby Step 1: Build a $1,000 starter emergency fund. Baby Step #2 is to pay off all consumer debt using the Debt Snowball Method. Why is The Debt Snowball in Baby Step 2? [...] The post Baby Step 2: The Debt Snowball Method appeared first on MoneyPlan SOS. #112: This is Week 2 in the 7 week series of Dave Ramsey's Baby Steps to Financial Peace. Last week I talked briefly about Baby Step 1: Build a $1,000 starter emergency fund. Baby Step #2 is to pay off all consumer debt using the Debt Snowball Method. Why is The Debt Snowball in Baby Step 2? [...] The post Baby Step 2: The Debt Snowball Method appeared first on MoneyPlan SOS. http://moneyplansos.com/?p=5825 http://moneyplansos.com/baby-step-2-the-debt-snowball-method/ Wed, 12 Jun 2013 10:26:01 +0000 1188 no full Andres Gutierrez: From ELP to El Machete Andres Gutierrez: From ELP to El Machete 111 Steve Stewart #111: From ELP to El Machete, Andres Gutierrez is the voice of Financial Peace for the Hispanic community. Andres has been helping people with their finances for the past decade but it wasn't until 2009 that he became "The Hispanic Dave Ramsey" with his own syndicated radio show and a 6 DVD series that teaches Financial Peace [...] The post Andres Gutierrez: From ELP to El Machete - MPSOS111 [podcast] appeared first on MoneyPlan SOS. #111: From ELP to El Machete, Andres Gutierrez is the voice of Financial Peace for the Hispanic community. Andres has been helping people with their finances for the past decade but it wasn't until 2009 that he became "The Hispanic Dave Ramsey" with his own syndicated radio show and a 6 DVD series that teaches Financial Peace [...] The post Andres Gutierrez: From ELP to El Machete - MPSOS111 [podcast] appeared first on MoneyPlan SOS. http://moneyplansos.com/?p=5802 http://moneyplansos.com/andres-gutierrez-from-elp-to-el-machete-mpsos111-podcast/ Thu, 06 Jun 2013 02:18:45 +0000 2422 no full 10 financial products Debt Free people must have 10 financial products Debt Free people must have 110 Steve Stewart #110: What are the top 10 financial products debt free people must have? Over the past 50 years our society has invented thousands of financial products: Credit cards, hedge funds, and the inappropriately named "FreeCreditReport.com". The most marketed category of products today, the ones we are the most familiar with and are told we can't live [See More at 10 Financial Products Debt Free People Must Have] #110: What are the top 10 financial products debt free people must have? Over the past 50 years our society has invented thousands of financial products: Credit cards, hedge funds, and the inappropriately named "FreeCreditReport.com". The most marketed category of products today, the ones we are the most familiar with and are told we can't live [See More at 10 Financial Products Debt Free People Must Have] http://moneyplansos.com/?p=5793 http://moneyplansos.com/10-financial-products-debt-free-people-must-have-mpsos110-podcast/ Thu, 30 May 2013 09:12:42 +0000 981 no full Dave Ramsey says saving 100 a month can make you a millionaire! Dave Ramsey says saving 100 a month can make you a millionaire! 109 Steve Stewart #109: Dave Ramsey Tweeted "Saving 100 dollars per month from age 25 to age 65 at 12 percent growth will turn into 1.176 million dollars This Tweet caused a lot of uproar in the financial community. To get to the bottom of this OG from the Stacking Benjamins podcast shares his thoughts about: Average equity returns [...] The post Dave Ramsey says saving 100 a month can make you a millionaire - MPSOS109 [podcast] appeared first on MoneyPlan SOS. #109: Dave Ramsey Tweeted "Saving 100 dollars per month from age 25 to age 65 at 12 percent growth will turn into 1.176 million dollars This Tweet caused a lot of uproar in the financial community. To get to the bottom of this OG from the Stacking Benjamins podcast shares his thoughts about: Average equity returns [...] The post Dave Ramsey says saving 100 a month can make you a millionaire - MPSOS109 [podcast] appeared first on MoneyPlan SOS. http://moneyplansos.com/?p=5733 http://moneyplansos.com/dave-ramsey-says-saving-100-a-month-can-make-you-a-millionaire-mpsos109/ Thu, 16 May 2013 00:19:00 +0000 1578 no full Emergency Funds: How Much You Should Have Saved? Emergency Funds: How Much You Should Have Saved? 108 Steve Stewart #108: Do you know how much you should have in an Emergency Fund? Dave Ramsey recommends having a 3 to 6 month worth of liquid savings in case the unthinkable were to happen. Serious illness, sudden loss of income, or expensive unpredictable events can take anyone by surprise. Having thousands of dollars in savings could convert [...] The post How Much You Should Have In An Emergency Fund - MPSOS108 [podcast] appeared first on MoneyPlan SOS. #108: Do you know how much you should have in an Emergency Fund? Dave Ramsey recommends having a 3 to 6 month worth of liquid savings in case the unthinkable were to happen. Serious illness, sudden loss of income, or expensive unpredictable events can take anyone by surprise. Having thousands of dollars in savings could convert [...] The post How Much You Should Have In An Emergency Fund - MPSOS108 [podcast] appeared first on MoneyPlan SOS. http://www.moneyplansos.com/?p=5721 http://moneyplansos.com/how-much-you-should-have-in-an-emergency-fund-mpsos108-podcast/ Thu, 09 May 2013 19:40:38 +0000 1451 no full Money For Sale! (How money and debt really works!) Money For Sale! (How money and debt really works!) 107 Steve Stewart #107: Get it while it's hot! Banks and lenders are offering to sell us money everywhere – and they are telling us it's cheap! The marketing around selling debt is more prevalent than ever before. Try turning on the TV or driving down the road without hearing an ad or seeing an billboard for a debt product – you'll never make it. For more information, visit the show notes at https://moneyplansos.com/money-for-sale-mpsos107-podcast/ #107: Get it while it's hot! Banks and lenders are offering to sell us money everywhere – and they are telling us it's cheap! The marketing around selling debt is more prevalent than ever before. Try turning on the TV or driving down the road without hearing an ad or seeing an billboard for a debt product – you'll never make it. For more information, visit the show notes at https://moneyplansos.com/money-for-sale-mpsos107-podcast/ http://www.moneyplansos.com/?p=5697 http://moneyplansos.com/money-for-sale-mpsos107-podcast/ Wed, 01 May 2013 21:17:26 +0000 868 no full Paying for a Speeding Ticket with Emergency Savings Paying for a Speeding Ticket with Emergency Savings 106 Steve Stewart #106: Have you ever had one of those weeks when everything went wrong? I'm having one and it might just cause me to pay for my speeding ticket with emergency savings. This week's mishaps: Our stupid backyard fence needed repair My laptop battery stopped working I got me a speeding ticket! The post Paying for a Speeding Ticket with Emergency Savings - MPSOS106 [podcast] appeared first on MoneyPlan SOS. #106: Have you ever had one of those weeks when everything went wrong? I'm having one and it might just cause me to pay for my speeding ticket with emergency savings. This week's mishaps: Our stupid backyard fence needed repair My laptop battery stopped working I got me a speeding ticket! The post Paying for a Speeding Ticket with Emergency Savings - MPSOS106 [podcast] appeared first on MoneyPlan SOS. http://www.moneyplansos.com/?p=5669 http://moneyplansos.com/paying-for-a-speeding-ticket-with-emergency-savings-mpsos106/ Wed, 24 Apr 2013 01:51:49 +0000 779 no full Buy Your Next Car From The Joneses Buy Your Next Car From The Joneses 105 Steve Stewart #105: We bought my wife's last vehicle from the Joneses. You've heard of the Joneses. They have all the freshest gadgets, the most fashionable clothes, and drive the newest vehicles. You can get an excellent bargain if you buy your next car from the Joneses without getting a lemon or ruining your finances. Buy your next [...] The post Buy Your Next Car From The Joneses - MPSOS105 [podcast] appeared first on MoneyPlan SOS. #105: We bought my wife's last vehicle from the Joneses. You've heard of the Joneses. They have all the freshest gadgets, the most fashionable clothes, and drive the newest vehicles. You can get an excellent bargain if you buy your next car from the Joneses without getting a lemon or ruining your finances. Buy your next [...] The post Buy Your Next Car From The Joneses - MPSOS105 [podcast] appeared first on MoneyPlan SOS. http://www.moneyplansos.com/?p=5646 http://moneyplansos.com/buy-your-next-car-from-the-joneses-mpsos105-podcast/ Thu, 18 Apr 2013 10:05:23 +0000 1073 no full Teaching Kids About Work and Money with MyJobChart.com Teaching Kids About Work and Money with MyJobChart.com 104 Steve Stewart #104: Gregg Murset, Founder and CEO of MyJobChart.com, believes teaching children early and often is the best way for them to learn how money really works. He should know, he has six children between the ages of 5 and 15! Teaching Kids About Work And [...] The post Teaching Kids About Work and Money with MyJobChart.com - MPSOS104 [podcast] appeared first on MoneyPlan SOS. #104: Gregg Murset, Founder and CEO of MyJobChart.com, believes teaching children early and often is the best way for them to learn how money really works. He should know, he has six children between the ages of 5 and 15! Teaching Kids About Work And [...] The post Teaching Kids About Work and Money with MyJobChart.com - MPSOS104 [podcast] appeared first on MoneyPlan SOS. http://www.moneyplansos.com/?p=5625 http://moneyplansos.com/teaching-kids-about-work-and-money-with-myjobchart-com-mpsos104/ Wed, 10 Apr 2013 09:15:55 +0000 2035 no full 4 New Perspectives For Your Money 4 New Perspectives For Your Money 103 Steve Stewart #103: Car payments, mortgage interest deductions, the morality of money, and who has control of your money: This episode addresses these popular financial topics and we give you a new perspective. Today's show is brought to you from Jon White, my pal and comrade from JW's Financial Coaching. He is all about giving you a new [...] The post 4 New Perspectives For Your Money - MPSOS103 appeared first on MoneyPlan SOS. #103: Car payments, mortgage interest deductions, the morality of money, and who has control of your money: This episode addresses these popular financial topics and we give you a new perspective. Today's show is brought to you from Jon White, my pal and comrade from JW's Financial Coaching. He is all about giving you a new [...] The post 4 New Perspectives For Your Money - MPSOS103 appeared first on MoneyPlan SOS. http://www.moneyplansos.com/?p=5556 http://moneyplansos.com/4-new-perspectives-for-your-money-mpsos103/ Mon, 01 Apr 2013 02:03:48 +0000 1456 no full Who are the people who don't need to budget? Who are the people who don't need to budget? 102 Steve Stewart #102: Many people can get by without ever doing a budget. Do you qualify as a person that doesn't have to go through this seemingly painful process? The Rich (Financially Independent) Thomas Stanley wrote a book called The Millionaire Next Door. He interviewed millionaires and high income earners. One of the observations he made was a [...] The post People who don't need to budget - MPSOS102 [podcast] appeared first on MoneyPlan SOS. #102: Many people can get by without ever doing a budget. Do you qualify as a person that doesn't have to go through this seemingly painful process? The Rich (Financially Independent) Thomas Stanley wrote a book called The Millionaire Next Door. He interviewed millionaires and high income earners. One of the observations he made was a [...] The post People who don't need to budget - MPSOS102 [podcast] appeared first on MoneyPlan SOS. http://www.moneyplansos.com/?p=5511 http://moneyplansos.com/people-who-dont-need-to-budget-mpsos102/ Fri, 22 Mar 2013 09:50:27 +0000 1135 no full Money 101: Where money and debt came from Money 101: Where money and debt came from 101 Steve Stewart #101: Have you ever considered where money came from? The basics of all things finance lays in the concept of a centralized currency with variable purchase power. The great news is that it's a very simple subject, but it has morphed into this horrible set of non-tangible products that are being marketed to you day after [...] The post Where money and debt came from - MPSOS 101 [podcast] appeared first on MoneyPlan SOS. #101: Have you ever considered where money came from? The basics of all things finance lays in the concept of a centralized currency with variable purchase power. The great news is that it's a very simple subject, but it has morphed into this horrible set of non-tangible products that are being marketed to you day after [...] The post Where money and debt came from - MPSOS 101 [podcast] appeared first on MoneyPlan SOS. http://www.moneyplansos.com/?p=5479 http://moneyplansos.com/where-money-and-debt-came-from-mpsos-101/ Fri, 15 Mar 2013 02:27:49 +0000 1436 no full Financial Inspiration from listeners and special guest Timm Etters Financial Inspiration from listeners and special guest Timm Etters 100 Steve Stewart #100!!! Timm Etters joins me in sharing listener's inspirational stories and quotes in the 100th episode of the MoneyPlan SOS podcast! I also share one of the inspirational people in my life, my best friend Timm. For more about Timm Etters go to the end of this post. Inspirational Quotes from listeners Tony Dungee: "It's about the journey, [...] The post EPISODE 100: Inspiration from listeners and special guest Timm Etters appeared first on MoneyPlan SOS. #100!!! Timm Etters joins me in sharing listener's inspirational stories and quotes in the 100th episode of the MoneyPlan SOS podcast! I also share one of the inspirational people in my life, my best friend Timm. For more about Timm Etters go to the end of this post. Inspirational Quotes from listeners Tony Dungee: "It's about the journey, [...] The post EPISODE 100: Inspiration from listeners and special guest Timm Etters appeared first on MoneyPlan SOS. http://www.moneyplansos.com/?p=5437 http://moneyplansos.com/episode-100-inspiration-from-listeners-and-special-guest-timm-etters/ Fri, 08 Mar 2013 03:10:29 +0000 3600 no full Getting Ready For Zero Debt with Ready for Zero Getting Ready For Zero Debt with Ready for Zero 99 Steve Stewart #99: UPDATE! Ready for Zero has retired, but the idea they put forth changed my mind about the Debt Avalanche. Ben from Ready For Zero (now owned by Avant) joins me in a conversation about the #1 reason a Debt Avalanche method could actually work better than the Debt Snowball. For more details, visit http://moneyplansos.com/sos099-getting-ready-for-zero-debt #99: UPDATE! Ready for Zero has retired, but the idea they put forth changed my mind about the Debt Avalanche. Ben from Ready For Zero (now owned by Avant) joins me in a conversation about the #1 reason a Debt Avalanche method could actually work better than the Debt Snowball. For more details, visit http://moneyplansos.com/sos099-getting-ready-for-zero-debt http://www.moneyplansos.com/?p=5410 http://moneyplansos.com/sos099-getting-ready-for-zero-debt/ Wed, 27 Feb 2013 08:37:50 +0000 1572 no full Zillow's Erin Lantz shares Ways to Avoid Pitfalls When Buying A Home Zillow's Erin Lantz shares Ways to Avoid Pitfalls When Buying A Home 98 Steve Stewart #98: Erin Lantz from Zillow.com joins me to share ways to avoid lending pitfalls that can prevent you from buying a house. More information can be found at http://moneyplansos.com/sos098-zillow-com-avoid-these-pitfalls-when-buying-a-home #98: Erin Lantz from Zillow.com joins me to share ways to avoid lending pitfalls that can prevent you from buying a house. More information can be found at http://moneyplansos.com/sos098-zillow-com-avoid-these-pitfalls-when-buying-a-home http://www.moneyplansos.com/?p=5350 http://moneyplansos.com/sos098-zillow-com-avoid-these-pitfalls-when-buying-a-home Wed, 20 Feb 2013 01:15:02 +0000 2085 no full Could you recover from being married to an addict? Interview with Mandy Knight Could you recover from being married to an addict? Interview with Mandy Knight 97 Steve Stewart #97: How much does someone's past affect your relationship? Do you see someone's past failures as a problem or see them as exercises for personal growth? What if that failure was an addiction? Would you make the same decision Mandy did? Blogger, mother of three, and wife of an ambitious man Mandy Knight is a mom, [...] The post Which Fork Would You Take? Interview with Mandy Knight appeared first on MoneyPlan SOS. #97: How much does someone's past affect your relationship? Do you see someone's past failures as a problem or see them as exercises for personal growth? What if that failure was an addiction? Would you make the same decision Mandy did? Blogger, mother of three, and wife of an ambitious man Mandy Knight is a mom, [...] The post Which Fork Would You Take? Interview with Mandy Knight appeared first on MoneyPlan SOS. http://www.moneyplansos.com/?p=5327 http://moneyplansos.com/sos097-which-fork-would-you-take-interview-with-mandy-knight/ Wed, 13 Feb 2013 22:19:57 +0000 1699 no full The Incredible Similarities between Financial Wealth and Physical Health The Incredible Similarities between Financial Wealth and Physical Health 96 Steve Stewart #96: There is a direct correlation between Personal Finance and Physical Fitness. Currency and calories, consumerism and consumption - they all affect how rich and fit we will become. For more information, visit the show notes at http://moneyplansos.com/sos096-financial-wealth-and-physical-health-are-identical #96: There is a direct correlation between Personal Finance and Physical Fitness. Currency and calories, consumerism and consumption - they all affect how rich and fit we will become. For more information, visit the show notes at http://moneyplansos.com/sos096-financial-wealth-and-physical-health-are-identical http://www.moneyplansos.com/?p=5286 http://moneyplansos.com/sos096-financial-wealth-and-physical-health-are-identical Wed, 06 Feb 2013 02:37:40 +0000 567 no full The Credit Card Surcharge and How to be Responsible with your Debit Card The Credit Card Surcharge and How to be Responsible with your Debit Card 95 Steve Stewart #95: Purchases are more expensive when we use credit cards. A proposed change to Visa and MasterCard regulations may remove restrictions on vendors and businesses - allowing them to add a surcharge fee when customers pay with a credit card. This fee has always been there, we just never noticed it before. I also share steps you need to take to ensure you are a responsible Debit card user. For more information, visit http://moneyplansos.com/sos095-the-credit-card-surcharge-and-responsible-debit-card-practices #95: Purchases are more expensive when we use credit cards. A proposed change to Visa and MasterCard regulations may remove restrictions on vendors and businesses - allowing them to add a surcharge fee when customers pay with a credit card. This fee has always been there, we just never noticed it before. I also share steps you need to take to ensure you are a responsible Debit card user. For more information, visit http://moneyplansos.com/sos095-the-credit-card-surcharge-and-responsible-debit-card-practices http://www.moneyplansos.com/?p=5270 http://moneyplansos.com/sos095-the-credit-card-surcharge-and-responsible-debit-card-practices/ Thu, 31 Jan 2013 06:48:37 +0000 1650 no full Understanding The Federal 1040 Tax Form Understanding The Federal 1040 Tax Form 94 Steve Stewart #94: Today I break down the tax return Form-1040 into sections to help us better understand what we need - and why we need it. Income tax returns can be difficult. Breaking the 1040 down into sections helped me to understand it better. For full show notes, visit http://moneyplansos.com/sos094-understanding-the-1040-tax-form #94: Today I break down the tax return Form-1040 into sections to help us better understand what we need - and why we need it. Income tax returns can be difficult. Breaking the 1040 down into sections helped me to understand it better. For full show notes, visit http://moneyplansos.com/sos094-understanding-the-1040-tax-form http://www.moneyplansos.com/?p=5254 http://moneyplansos.com/sos094-understanding-the-1040-tax-form/ Fri, 25 Jan 2013 18:59:02 +0000 1400 no full Why Your Paycheck is Smaller (and the recent Payroll Tax Cuts) Why Your Paycheck is Smaller (and the recent Payroll Tax Cuts) 93 Steve Stewart #93: Congress averted the Fiscal Cliff. Or did they? Effective with the first payroll of 2013, there are a number of changes to paychecks for employees. The American Taxpayer Relief Act of 2012 ("Relief Act") was passed by the United States Congress on January 1, 2013, and includes several changes ... For more information, visit http://moneyplansos.com/sos093-why-your-paycheck-is-smaller-and-2013-payroll-tax-cuts/ #93: Congress averted the Fiscal Cliff. Or did they? Effective with the first payroll of 2013, there are a number of changes to paychecks for employees. The American Taxpayer Relief Act of 2012 ("Relief Act") was passed by the United States Congress on January 1, 2013, and includes several changes ... For more information, visit http://moneyplansos.com/sos093-why-your-paycheck-is-smaller-and-2013-payroll-tax-cuts/ http://www.moneyplansos.com/?p=5168 http://moneyplansos.com/sos093-why-your-paycheck-is-smaller-and-2013-payroll-tax-cuts/ Sat, 19 Jan 2013 08:47:42 +0000 1499 no full Know Where Your Financial Advice is Coming From? Know Where Your Financial Advice is Coming From? 92 Steve Stewart #92: Jon White shares a story of how someone gave really bad financial advice to a young couple. You can read his post here: http://jwfinancialcoaching.com/who-are-you-taking-your-advice-from/ He and I agree, there is a lot of advice out there that will lead you to make bad decisions with your money. Jon and I talk about How Financial Coaching is [...] For more, visit http://stevestewart.me/sos092-know-where-your-advice-is-coming-from-and-a-rant #92: Jon White shares a story of how someone gave really bad financial advice to a young couple. You can read his post here: http://jwfinancialcoaching.com/who-are-you-taking-your-advice-from/ He and I agree, there is a lot of advice out there that will lead you to make bad decisions with your money. Jon and I talk about How Financial Coaching is [...] For more, visit http://stevestewart.me/sos092-know-where-your-advice-is-coming-from-and-a-rant http://www.moneyplansos.com/?p=5114 http://stevestewart.me/sos092-know-where-your-advice-is-coming-from-and-a-rant Wed, 09 Jan 2013 03:09:53 +0000 2617 no full Get Out Of Debt with the Debt Movement, Interview with Financial Soldier Jeff Rose Get Out Of Debt with the Debt Movement, Interview with Financial Soldier Jeff Rose 91 Steve Stewart #91: Financial Soldier, Jeff Rose, is starting another movement. He is leading the Debt Squad into a battle with debt and we are taking no prisoners. In this interview he shares how he came up with the idea, the goal, and what he expects will happen in the next 90 days. The Debt Movement [...] For more information, visit the show notes at https://moneyplansos.com/sos091-get-out-of-debt-with-the-debt-movement-interview-with-financial-soldier-jeff-rose/ #91: Financial Soldier, Jeff Rose, is starting another movement. He is leading the Debt Squad into a battle with debt and we are taking no prisoners. In this interview he shares how he came up with the idea, the goal, and what he expects will happen in the next 90 days. The Debt Movement [...] For more information, visit the show notes at https://moneyplansos.com/sos091-get-out-of-debt-with-the-debt-movement-interview-with-financial-soldier-jeff-rose/ http://www.moneyplansos.com/?p=5079 https://moneyplansos.com/sos091-get-out-of-debt-with-the-debt-movement-interview-with-financial-soldier-jeff-rose/ Wed, 02 Jan 2013 01:02:12 +0000 1631 no full How a 401k Can Save You Income Taxes How a 401k Can Save You Income Taxes 90 Steve Stewart #90: Putting money into a 401k is a smart tax-saving money move. The Government allows us to sock away up to $17,000 of our hard-earned pay and not pay income tax on it (up to $17,500 in 2013). The money in the account grows without making you pay taxes like a regular investment-type account would, you [...] Read more about how a 401(k) works at https://moneyplansos.com/sos090-how-saving-taxes-with-a-401k-works/ #90: Putting money into a 401k is a smart tax-saving money move. The Government allows us to sock away up to $17,000 of our hard-earned pay and not pay income tax on it (up to $17,500 in 2013). The money in the account grows without making you pay taxes like a regular investment-type account would, you [...] Read more about how a 401(k) works at https://moneyplansos.com/sos090-how-saving-taxes-with-a-401k-works/ http://www.moneyplansos.com/?p=5008 https://moneyplansos.com/sos090-how-saving-taxes-with-a-401k-works/ Fri, 28 Dec 2012 08:14:43 +0000 899 no full Save 1% More in 2013 Save 1% More in 2013 89 Steve Stewart #89: Certified Financial Planner and IRS Enrolled Agent, Jim Blankenship, is the owner and author of FinancialDucksInARow.com, a blog that focuses on taxes, retirement planning, and Social Security. He saw the savings rates as being too low to enable Americans to retire when they wanted to or that they didn't have enough when they needed. Want to learn more? Visit https://moneyplansos.com/sos089-save-1-percent-more-in-2013/ #89: Certified Financial Planner and IRS Enrolled Agent, Jim Blankenship, is the owner and author of FinancialDucksInARow.com, a blog that focuses on taxes, retirement planning, and Social Security. He saw the savings rates as being too low to enable Americans to retire when they wanted to or that they didn't have enough when they needed. Want to learn more? Visit https://moneyplansos.com/sos089-save-1-percent-more-in-2013/ http://www.moneyplansos.com/?p=4969 https://moneyplansos.com/sos089-save-1-percent-more-in-2013/ Fri, 21 Dec 2012 09:27:55 +0000 1392 no full No More Mortgage (We're Counting the Days!) No More Mortgage (We're Counting the Days!) 88 Steve Stewart #88: ONLY 38 MONTHS LEFT ON OUR MORTGAGE! What happens when I throw a little bit extra every month towards the principal? The scales tip towards our debt free date, that's what! UPDATE: We paid off our house in December 2015. For more information, visit the show notes at https://moneyplansos.com/sos088-no-more-mortgage-counting-the-months/ #88: ONLY 38 MONTHS LEFT ON OUR MORTGAGE! What happens when I throw a little bit extra every month towards the principal? The scales tip towards our debt free date, that's what! UPDATE: We paid off our house in December 2015. For more information, visit the show notes at https://moneyplansos.com/sos088-no-more-mortgage-counting-the-months/ http://www.moneyplansos.com/?p=4921 https://moneyplansos.com/sos088-no-more-mortgage-counting-the-months/ Fri, 14 Dec 2012 14:18:39 +0000 1166 no full Smart Moves for Your Christmas Bonus Smart Moves for Your Christmas Bonus 87 Steve Stewart #87: What is the best thing to do with a Christmas Bonus? It depends on your current financial situation. There are only three things you can do with money: Spend it, save it or give it - and we need to do a little of all three. In this episode, I use the example of a $10,000 bonus check. For more information, visit the show notes at https://moneyplansos.com/sos087-smart-moves-for-a-christmas-bonus/ #87: What is the best thing to do with a Christmas Bonus? It depends on your current financial situation. There are only three things you can do with money: Spend it, save it or give it - and we need to do a little of all three. In this episode, I use the example of a $10,000 bonus check. For more information, visit the show notes at https://moneyplansos.com/sos087-smart-moves-for-a-christmas-bonus/ http://www.moneyplansos.com/?p=4896 https://moneyplansos.com/sos087-smart-moves-for-a-christmas-bonus/ Wed, 05 Dec 2012 23:06:28 +0000 1278 no full YNAB Super-User, and fascinating facts about PowerBall YNAB Super-User, and fascinating facts about PowerBall 86 Steve Stewart #86: Interview with a YNAB super-user You Need A Budget, an incredibly flexible and easy-to-use software application, started as an excel spreadsheet. Steve Mudie remembers those days as he started using it back in the early days of YNAB. After filing for bankruptcy, Steve Mudie discovered Dave Ramsey. He realized the importance of keeping to a [...] For more information, visit the show notes at http://moneyplansos.com/sos086-ynab-super-user-and-fascinating-facts-about-powerball/ #86: Interview with a YNAB super-user You Need A Budget, an incredibly flexible and easy-to-use software application, started as an excel spreadsheet. Steve Mudie remembers those days as he started using it back in the early days of YNAB. After filing for bankruptcy, Steve Mudie discovered Dave Ramsey. He realized the importance of keeping to a [...] For more information, visit the show notes at http://moneyplansos.com/sos086-ynab-super-user-and-fascinating-facts-about-powerball/ http://www.moneyplansos.com/?p=4852 http://moneyplansos.com/sos086-ynab-super-user-and-fascinating-facts-about-powerball/ Thu, 29 Nov 2012 01:29:48 +0000 1477 no full How To Have A Stress Free Holiday How To Have A Stress Free Holiday 85 Steve Stewart #85: Professional Organizer Diana Luetkemeyer joins us again to share tips on how to have a stress free holiday. How do we handle the added responsibilities during the holiday season? Write down your favorite 3 holiday tasks Write down least favorite 3 holiday tasks Delegate least favorite to others (hire someone or ask family to help) The post How To Have A Stress Free Holiday appeared first on MoneyPlanSOS.com #85: Professional Organizer Diana Luetkemeyer joins us again to share tips on how to have a stress free holiday. How do we handle the added responsibilities during the holiday season? Write down your favorite 3 holiday tasks Write down least favorite 3 holiday tasks Delegate least favorite to others (hire someone or ask family to help) The post How To Have A Stress Free Holiday appeared first on MoneyPlanSOS.com http://www.moneyplansos.com/?p=4804 http://moneyplansos.com/sos085-how-to-have-a-stress-free-holiday/ Fri, 23 Nov 2012 03:46:28 +0000 1670 no full About Financial Advisors, Dealing with Compliance, and Average Joe comes out of the basement About Financial Advisors, Dealing with Compliance, and Average Joe comes out of the basement 84 Steve Stewart #84: Joe Saul-Sehy is a recovering Financial Planner. Currently, he is the co-host of the 2 Guys and Your Money podcast, COO & chief bottle washer at TheFreeFinancialAdvisor.com, and was the Channel 7 WXYZ-TV "Money Man" in a previous life. He joins us today to talk about Financial Advisors and Compliance. For more details, visit https://moneyplansos.com/sos084-advisors-compliance-and-average-joe-comes-out/ #84: Joe Saul-Sehy is a recovering Financial Planner. Currently, he is the co-host of the 2 Guys and Your Money podcast, COO & chief bottle washer at TheFreeFinancialAdvisor.com, and was the Channel 7 WXYZ-TV "Money Man" in a previous life. He joins us today to talk about Financial Advisors and Compliance. For more details, visit https://moneyplansos.com/sos084-advisors-compliance-and-average-joe-comes-out/ http://www.moneyplansos.com/?p=4780 https://moneyplansos.com/sos084-advisors-compliance-and-average-joe-comes-out/ Thu, 15 Nov 2012 00:44:05 +0000 1784 no full 3 Reasons That Cause Us To Give 3 Reasons That Cause Us To Give 83 Steve Stewart #83: We don't give simply to save on taxes - that would be silly. At the center of our spirit is this reason to give: Just because we want to. For more information, visit the show notes at https://moneyplansos.com/sos083-reasons-for-giving/ #83: We don't give simply to save on taxes - that would be silly. At the center of our spirit is this reason to give: Just because we want to. For more information, visit the show notes at https://moneyplansos.com/sos083-reasons-for-giving/ e2c152ba905bff28f55127814d824991 https://moneyplansos.com/sos083-reasons-for-giving/ Fri, 09 Nov 2012 17:30:00 +0000 1109 no full Understanding Negotiation and Dealing With Conflict, with Dave Hilton Understanding Negotiation and Dealing With Conflict, with Dave Hilton 82 Steve Stewart #82: Negotiation is a strategic communication process to get a deal done or solve a problem. Dave Hilton joins us to talk negotiation skills and how to deal with conflict. For more information, visit https://moneyplansos.com/sos082-understanding-negotiation-and-dealing-with-conflict #82: Negotiation is a strategic communication process to get a deal done or solve a problem. Dave Hilton joins us to talk negotiation skills and how to deal with conflict. For more information, visit https://moneyplansos.com/sos082-understanding-negotiation-and-dealing-with-conflict 3a37cb98b50438686daf771eccc86713 https://moneyplansos.com/sos082-understanding-negotiation-and-dealing-with-conflict/ Thu, 01 Nov 2012 10:47:00 +0000 1908 no full 5 Things Debt Settlement Companies Won't Tell You 5 Things Debt Settlement Companies Won't Tell You 81 Steve Stewart #81: Michael Bovee shares the "5 things debt settlement companies won't tell you" For more information, visit the show notes at https://moneyplansos.com/sos081-things-debt-settlement-companies-wont-tell-you/ #81: Michael Bovee shares the "5 things debt settlement companies won't tell you" For more information, visit the show notes at https://moneyplansos.com/sos081-things-debt-settlement-companies-wont-tell-you/ 487d45b56b6deb28eba797aa1bf4013f https://moneyplansos.com/sos081-things-debt-settlement-companies-wont-tell-you/ Thu, 25 Oct 2012 05:02:00 +0000 2601 no full Bankruptcy and Debt Solutions with Emily Chase Smith Bankruptcy and Debt Solutions with Emily Chase Smith 80 Steve Stewart #80: Emily Chase Smith is a Debt Solutions Attorney that started by practicing bankruptcy law. Emily knows bankruptcy is not always the solution and she helps people determine what their best debt solution is. Find more information in our show notes at https://moneyplansos.com/sos080-debt-solutions-and-bankruptcy-with-emily-chase-smith/ #80: Emily Chase Smith is a Debt Solutions Attorney that started by practicing bankruptcy law. Emily knows bankruptcy is not always the solution and she helps people determine what their best debt solution is. Find more information in our show notes at https://moneyplansos.com/sos080-debt-solutions-and-bankruptcy-with-emily-chase-smith/ 0fe198cfdb625004b07541983747565f https://moneyplansos.com/sos080-debt-solutions-and-bankruptcy-with-emily-chase-smith/ Thu, 18 Oct 2012 12:06:00 +0000 1538 no full When To Push Pause On Dave Ramsey's Total Money Makeover When To Push Pause On Dave Ramsey's Total Money Makeover 79 Steve Stewart #79: Pregnancy, layoff, or move to another state: These are all situations where you would press "PAUSE" when working Dave Ramsey's Baby Steps. For details, visit http://moneyplansos.com/sos079-when-to-push-pause-on-your-total-money-makeover/ #79: Pregnancy, layoff, or move to another state: These are all situations where you would press "PAUSE" when working Dave Ramsey's Baby Steps. For details, visit http://moneyplansos.com/sos079-when-to-push-pause-on-your-total-money-makeover/ 58df0ed4b70325a0f4b8e394ec69a7d9 http://moneyplansos.com/sos079-when-to-push-pause-on-your-total-money-makeover/ Thu, 11 Oct 2012 22:18:00 +0000 1484 no full Which Do I Pay First: Highest Interest or Lowest Balance? The Scientifically Proven Debt Snowball Method Which Do I Pay First: Highest Interest or Lowest Balance? The Scientifically Proven Debt Snowball Method 78 Steve Stewart #78: Which works best: Paying extra on high interest debt or a the one with the lowest balance? Steve shares what science says about the Debt Snowball method and what you should know if you go the Debt Avalanche route. For many more details, go to https://moneyplansos.com/sos078-highest-interest-rate-or-lowest-balance/ #78: Which works best: Paying extra on high interest debt or a the one with the lowest balance? Steve shares what science says about the Debt Snowball method and what you should know if you go the Debt Avalanche route. For many more details, go to https://moneyplansos.com/sos078-highest-interest-rate-or-lowest-balance/ 448c1a864958508a8d75c253536fe5a7 https://moneyplansos.com/sos078-highest-interest-rate-or-lowest-balance/ Wed, 03 Oct 2012 22:51:00 +0000 1984 no full The Personal Finance Winning Formula: INCOME plus BUDGET plus ENVELOPES equals EMERGENCY FUND The Personal Finance Winning Formula: INCOME plus BUDGET plus ENVELOPES equals EMERGENCY FUND 77 Steve Stewart #77: How do you get an emergency fund put together? Income + Budget + Envelopes = Emergency Fund More details can be found at https://moneyplansos.com/sos077-income-plus-budget-plus-envelopes-equals-emergency-fund/ #77: How do you get an emergency fund put together? Income + Budget + Envelopes = Emergency Fund More details can be found at https://moneyplansos.com/sos077-income-plus-budget-plus-envelopes-equals-emergency-fund/ aa41536176b2066dbfc3f360997a2cc6 https://moneyplansos.com/sos077-income-plus-budget-plus-envelopes-equals-emergency-fund/ Thu, 27 Sep 2012 05:54:00 +0000 1449 no full Quick Wins to help you Save Money Fast! Quick Wins to help you Save Money Fast! 76 Steve Stewart #76: 5 ways to save money FAST that will last and last and last. Garage sales are great for getting fast cash but doesn't last. Getting a raise at work is important too - but it isn't fast. For more details visit https://moneyplansos.com/sos076-quick-wins-to-save-money-fast-that-last-podcast-episode/ #76: 5 ways to save money FAST that will last and last and last. Garage sales are great for getting fast cash but doesn't last. Getting a raise at work is important too - but it isn't fast. For more details visit https://moneyplansos.com/sos076-quick-wins-to-save-money-fast-that-last-podcast-episode/ 69cedd446d715314219b37df5d452e03 https://moneyplansos.com/sos076-quick-wins-to-save-money-fast-that-last-podcast-episode/ Thu, 20 Sep 2012 05:08:00 +0000 1248 no full You can have No Debt, No Credit, and No Problems You can have No Debt, No Credit, and No Problems 75 Steve Stewart #75: Got 5 minutes? That's all I need to show you how to live debt-free and not have to worry about your credit score. You can have no debt, no credit, and have no problems – even for a house! Read more at https://moneyplansos.com/sos075-no-debt-no-credit-and-no-problems-at-fincon12/ #75: Got 5 minutes? That's all I need to show you how to live debt-free and not have to worry about your credit score. You can have no debt, no credit, and have no problems – even for a house! Read more at https://moneyplansos.com/sos075-no-debt-no-credit-and-no-problems-at-fincon12/ 1a2f36016dd8c24f709ecf8de245297b https://moneyplansos.com/sos075-no-debt-no-credit-and-no-problems-at-fincon12/ Wed, 12 Sep 2012 17:00:00 +0000 1623 no full How Minimalism Fits into Personal Finance How Minimalism Fits into Personal Finance 74 Steve Stewart #74: What does minimalism have to do with personal finance? Find out as I talk with Robert Wall, a Minimalist who is living WITH less - which enables him to live ON less. For more information, visit the show notes at https://moneyplansos.com/sos074-where-minimalism-fits-into-personal-finance/ #74: What does minimalism have to do with personal finance? Find out as I talk with Robert Wall, a Minimalist who is living WITH less - which enables him to live ON less. For more information, visit the show notes at https://moneyplansos.com/sos074-where-minimalism-fits-into-personal-finance/ 029afc52a35bf05f29b485395dee1c6d https://moneyplansos.com/sos074-where-minimalism-fits-into-personal-finance/ Thu, 06 Sep 2012 17:00:00 +0000 2754 no full Rolling Credit Card Debt Into a Mortgage? Think it through before you sign. Rolling Credit Card Debt Into a Mortgage? Think it through before you sign. 73 Steve Stewart #73: Rolling credit card debt into a mortgage sounds like a great idea, but does it really make cents? Join me as I go through the math. To follow along, visit https://moneyplansos.com/sos073-rolling-credit-card-debt-into-a-mortgage/ #73: Rolling credit card debt into a mortgage sounds like a great idea, but does it really make cents? Join me as I go through the math. To follow along, visit https://moneyplansos.com/sos073-rolling-credit-card-debt-into-a-mortgage/ 9323b99ecc6f23377f507be4928165f6 https://moneyplansos.com/sos073-rolling-credit-card-debt-into-a-mortgage/ Thu, 30 Aug 2012 20:42:00 +0000 1224 no full The Simple Math Behind Whole Life and Term Life Insurance The Simple Math Behind Whole Life and Term Life Insurance 72 Steve Stewart #72: There are two primary types of Life Insurance: Whole Life (permanent) and Term Life (temporary). While I can not make a blanket statement to say you should do one and never buy the other, there are a lot arguments that can be made to show that Term Life is the better answer for the general population - and I have the math to prove it! For more information, visit https://moneyplansos.com/sos072-the-math-behind-whole-life-and-term-insurance/ #72: There are two primary types of Life Insurance: Whole Life (permanent) and Term Life (temporary). While I can not make a blanket statement to say you should do one and never buy the other, there are a lot arguments that can be made to show that Term Life is the better answer for the general population - and I have the math to prove it! For more information, visit https://moneyplansos.com/sos072-the-math-behind-whole-life-and-term-insurance/ 08c112184486d2ae721778a92adfafee https://moneyplansos.com/sos072-the-math-behind-whole-life-and-term-insurance/ Tue, 21 Aug 2012 01:04:00 +0000 1472 no full 12 Key Questions to Ask a Financial Planner Before You Hire One 12 Key Questions to Ask a Financial Planner Before You Hire One 71 Steve Stewart #71: Scott Plaskett, CFP at IronShield.ca, takes time away from his busy schedule to explain the various ways that Financial Planners get paid: Commission based Fee Only Fee based We also take time to discuss the 12 Key Questions You Must Ask A Financial Planner Before You Hire One, a report he makes available on his website. For more information, visit the show notes at https://moneyplansos.com/sos071-questions-you-must-ask-a-financial-advisor-before-hiring-one/ #71: Scott Plaskett, CFP at IronShield.ca, takes time away from his busy schedule to explain the various ways that Financial Planners get paid: Commission based Fee Only Fee based We also take time to discuss the 12 Key Questions You Must Ask A Financial Planner Before You Hire One, a report he makes available on his website. For more information, visit the show notes at https://moneyplansos.com/sos071-questions-you-must-ask-a-financial-advisor-before-hiring-one/ 8e6ed049875f8f014d5f749944d14900 https://moneyplansos.com/sos071-questions-you-must-ask-a-financial-advisor-before-hiring-one/ Wed, 08 Aug 2012 04:50:00 +0000 2937 no full Chris Hogan: What You Need To Know About Coordinating FPU Chris Hogan: What You Need To Know About Coordinating FPU 70 Steve Stewart #70: Chris Hogan, a Dave Ramsey Speaker, shares tips for those looking to lead Financial Peace University at their church or community center. For more details, visit https://moneyplansos.com/sos070-chris-hogan-and-coordinating-fpu/ #70: Chris Hogan, a Dave Ramsey Speaker, shares tips for those looking to lead Financial Peace University at their church or community center. For more details, visit https://moneyplansos.com/sos070-chris-hogan-and-coordinating-fpu/ caba72769a8208f4b859db528c0df95c https://moneyplansos.com/sos070-chris-hogan-and-coordinating-fpu/ Wed, 01 Aug 2012 05:33:00 +0000 2028 no full Recovering from ID Theft, with Zander Insurance Recovering from ID Theft, with Zander Insurance 69 Steve Stewart #69: More important than monitoring for ID theft is the recovery. It takes many hours to clear your good name, and now there is a service that will do it for you. Diane Sacks - Vice President of Marketing & ID Theft Protection at Zander Insurance, explains how their ID Theft Protection plan is different from others - and better! To learn their 3 tips for protecting our ID,l visit https://moneyplansos.com/sos068-lifelock-id-theft-protection-and-credit-monitoring/ #69: More important than monitoring for ID theft is the recovery. It takes many hours to clear your good name, and now there is a service that will do it for you. Diane Sacks - Vice President of Marketing & ID Theft Protection at Zander Insurance, explains how their ID Theft Protection plan is different from others - and better! To learn their 3 tips for protecting our ID,l visit https://moneyplansos.com/sos068-lifelock-id-theft-protection-and-credit-monitoring/ 58e8803fe9a1cb5c636486397a4395e3 https://moneyplansos.com/sos068-lifelock-id-theft-protection-and-credit-monitoring/ Thu, 26 Jul 2012 17:00:00 +0000 2129 no full How LifeLock's ID Theft Protection Works How LifeLock's ID Theft Protection Works 68 Steve Stewart #68: Tami Nealy, Senior Director of Corporate Communications at LifeLock.com, explains what LifeLock does and how they can help you keep an eye on your ID. For more information, check out the show notes at https://moneyplansos.com/sos068-lifelock-id-theft-protection-and-credit-monitoring/ #68: Tami Nealy, Senior Director of Corporate Communications at LifeLock.com, explains what LifeLock does and how they can help you keep an eye on your ID. For more information, check out the show notes at https://moneyplansos.com/sos068-lifelock-id-theft-protection-and-credit-monitoring/ 48cf7baaa54fb133854df83ca849f2de https://moneyplansos.com/sos068-lifelock-id-theft-protection-and-credit-monitoring/ Fri, 20 Jul 2012 05:30:00 +0000 1918 no full How Long Do We Need to Keep This Stuff? Professional Organizer, Diane Luetkemeyer How Long Do We Need to Keep This Stuff? Professional Organizer, Diane Luetkemeyer 67 Steve Stewart #67: How long do we keep tax returns? Where should we store important documents? What in the world should I do with all these digital pictures? Professional Organizer, Diana Luetkemeyer, explains the benefits of organization in our homes and our businesses. For more information visit https://moneyplansos.com/sos067-how-long-do-we-keep-this-stuff/ #67: How long do we keep tax returns? Where should we store important documents? What in the world should I do with all these digital pictures? Professional Organizer, Diana Luetkemeyer, explains the benefits of organization in our homes and our businesses. For more information visit https://moneyplansos.com/sos067-how-long-do-we-keep-this-stuff/ a1bce10d4caaab43fe75b5f63d6c5a1e https://moneyplansos.com/sos067-how-long-do-we-keep-this-stuff/ Thu, 12 Jul 2012 14:34:00 +0000 1787 no full Tips for Saving Up and Paying CASH for a Vacation Tips for Saving Up and Paying CASH for a Vacation 66 Steve Stewart #66: These simple tips helped us trickle even more money away to pay for upcoming vacations: Route 66 Road Trip, Florida beaches, and a horse ranch in the mountains. For more information visit https://moneyplansos.com/sos066-tips-for-savings-up-and-paying-for-vacation/ #66: These simple tips helped us trickle even more money away to pay for upcoming vacations: Route 66 Road Trip, Florida beaches, and a horse ranch in the mountains. For more information visit https://moneyplansos.com/sos066-tips-for-savings-up-and-paying-for-vacation/ 0627e165a435cdf2577dd244633108a3 https://moneyplansos.com/sos066-tips-for-savings-up-and-paying-for-vacation/ Wed, 20 Jun 2012 17:00:00 +0000 2054 no full How To Be Richer, Smarter, and Better Looking with Zac Bissonnette How To Be Richer, Smarter, and Better Looking with Zac Bissonnette 65 Steve Stewart #65: Zac Bissonnette wrote his new book with one simple question in mind... What should young people do with their money in order to have the best possible life today and for the rest of their life? Show notes and links for the book are at https://moneyplansos.com/sos065-how-to-be-richer-smarter-and-better-looking-with-zac-bissonnette/ #65: Zac Bissonnette wrote his new book with one simple question in mind... What should young people do with their money in order to have the best possible life today and for the rest of their life? Show notes and links for the book are at https://moneyplansos.com/sos065-how-to-be-richer-smarter-and-better-looking-with-zac-bissonnette/ 9f9b86f0791f1ff428c3b5e4b35b086c https://moneyplansos.com/sos065-how-to-be-richer-smarter-and-better-looking-with-zac-bissonnette/ Sat, 09 Jun 2012 12:40:00 +0000 2663 no full Dave Ramsey's New FPU Program (revised 2012) Dave Ramsey's New FPU Program (revised 2012) 64 Steve Stewart #64: Dave Ramsey announced changes to the Financial Peace University (FPU) course in a live webinar on June 5th, 2012. Not only have the videos been re-recorded but the curriculum has some exciting new changes. For more, visit the list at https://moneyplansos.com/sos064-dave-ramseys-new-fpu/ #64: Dave Ramsey announced changes to the Financial Peace University (FPU) course in a live webinar on June 5th, 2012. Not only have the videos been re-recorded but the curriculum has some exciting new changes. For more, visit the list at https://moneyplansos.com/sos064-dave-ramseys-new-fpu/ 69141a1ea6c808afc1cb3d78066ea6ad https://moneyplansos.com/sos064-dave-ramseys-new-fpu/ Wed, 06 Jun 2012 17:49:00 +0000 1137 no full Theoretical Budgets - The Big Budget Theory Theoretical Budgets - The Big Budget Theory 63 Steve Stewart #63: My theoretical budget spreadsheet shows you where the opportunities lie in your budget. To download the spreadsheet, visit this original post at https://moneyplansos.com/sos063-a-theoretical-budget/ #63: My theoretical budget spreadsheet shows you where the opportunities lie in your budget. To download the spreadsheet, visit this original post at https://moneyplansos.com/sos063-a-theoretical-budget/ 1acfa382251191c91d8a6d194b3de436 https://moneyplansos.com/sos063-a-theoretical-budget/ Fri, 25 May 2012 19:15:00 +0000 1476 no full Break-even Analysis for Lower Insurance and Higher Deductibles Break-even Analysis for Lower Insurance and Higher Deductibles 62 Steve Stewart #62: I used a "Break Even Formula" to see if refinancing our house would make sense when closing costs could be recovered by the interest saved on the loan. A listener asked if they could use the same analysis to compare insurance and deductibles. For more information, go to https://moneyplansos.com/sos062-using-a-break-even-analysis-for-lower-insurance-and-higher-deductibles/ #62: I used a "Break Even Formula" to see if refinancing our house would make sense when closing costs could be recovered by the interest saved on the loan. A listener asked if they could use the same analysis to compare insurance and deductibles. For more information, go to https://moneyplansos.com/sos062-using-a-break-even-analysis-for-lower-insurance-and-higher-deductibles/ ceff24552a5b0137b1b6ca6f03551911 https://moneyplansos.com/sos062-using-a-break-even-analysis-for-lower-insurance-and-higher-deductibles/ Thu, 17 May 2012 17:53:00 +0000 771 no full How to Make Your ID Harder To Steal How to Make Your ID Harder To Steal 61 Steve Stewart #61: Don't make it easy for them! Follow these 8 tips to make your identity harder to steal! These steps can not guarantee your ID will never be stolen, but following these common-sense tips can help make your ID harder for someone to steal. For a full list and show notes, visit https://moneyplansos.com/sos061-how-to-make-your-id-harder-to-steal/ #61: Don't make it easy for them! Follow these 8 tips to make your identity harder to steal! These steps can not guarantee your ID will never be stolen, but following these common-sense tips can help make your ID harder for someone to steal. For a full list and show notes, visit https://moneyplansos.com/sos061-how-to-make-your-id-harder-to-steal/ 3f51360fe312073c2d02a953c282a562 https://moneyplansos.com/sos061-how-to-make-your-id-harder-to-steal/ Fri, 11 May 2012 04:39:00 +0000 1566 no full To Invest or Not to Invest -- Isn't That The REAL Question? To Invest or Not to Invest -- Isn't That The REAL Question? 60 Steve Stewart #60: A listener sent in a question about investing while he's in debt. He makes a great case study for us to examine if there is a one-size-fits-all get-out-of-debt plan, or not? To read his letter or learn more about investing while paying off debt, visit https://moneyplansos.com/sos060-to-invest-or-not-to-invest/ #60: A listener sent in a question about investing while he's in debt. He makes a great case study for us to examine if there is a one-size-fits-all get-out-of-debt plan, or not? To read his letter or learn more about investing while paying off debt, visit https://moneyplansos.com/sos060-to-invest-or-not-to-invest/ b70ae1e4af79647624d3542ce828ca01 https://moneyplansos.com/sos060-to-invest-or-not-to-invest/ Wed, 02 May 2012 06:07:00 +0000 1601 no full Financial Products that Keep the Middle Class in the Middle Class Financial Products that Keep the Middle Class in the Middle Class 59 Steve Stewart #59: The path to becoming wealthy is to save, invest, and live on less than we make. Using other people's money is expensive and is eroding our ability to become financially independent. It's keeping the middle class in the middle class. For more information and a full rundown on everything mentioned in this episode, visit https://moneyplansos.com/sos059-financial-products-that-keep-the-middle-class-middle-class/ #59: The path to becoming wealthy is to save, invest, and live on less than we make. Using other people's money is expensive and is eroding our ability to become financially independent. It's keeping the middle class in the middle class. For more information and a full rundown on everything mentioned in this episode, visit https://moneyplansos.com/sos059-financial-products-that-keep-the-middle-class-middle-class/ d6499557c6ced65d522f6ebb0aae061c https://moneyplansos.com/sos059-financial-products-that-keep-the-middle-class-middle-class/ Fri, 20 Apr 2012 21:25:00 +0000 1754 no full Extreme Couponing: Is Couponing Worth the Time? Extreme Couponing: Is Couponing Worth the Time? 58 Steve Stewart #58: Couponing is not just cutting pieces of paper out of your local ads, it involves shopping, travel, and seeking out great values to help you stretch your dollar. Saving money with coupons is wise. Do you realize all the costs involved? Jenny Kerr from TheJennyPincher.com shares her experiences of buying things she didn't even need just because she got a deal! For more information, visit the show notes at http://moneyplansos.com/sos058-is-couponing-worth-the-time/ #58: Couponing is not just cutting pieces of paper out of your local ads, it involves shopping, travel, and seeking out great values to help you stretch your dollar. Saving money with coupons is wise. Do you realize all the costs involved? Jenny Kerr from TheJennyPincher.com shares her experiences of buying things she didn't even need just because she got a deal! For more information, visit the show notes at http://moneyplansos.com/sos058-is-couponing-worth-the-time/ f264bf0deebed1e429dbe3c09c572bf3 http://moneyplansos.com/sos058-is-couponing-worth-the-time/ Sat, 14 Apr 2012 15:33:00 +0000 1780 no full (REVISED) Perkstreet: A checking account with rewards -- Interview with CEO Dan O'Malley (REVISED) Perkstreet: A checking account with rewards -- Interview with CEO Dan O'Malley 57 Steve Stewart UPDATE: Perkstreet is no longer in business. To hear more about what caused them to close, listen to Episode 120 "What happened to PerkStreet" or visit https://moneyplansos.com/what-happened-to-perkstreet-mpsos120-podcast/ UPDATE: Perkstreet is no longer in business. To hear more about what caused them to close, listen to Episode 120 "What happened to PerkStreet" or visit https://moneyplansos.com/what-happened-to-perkstreet-mpsos120-podcast/ c290ef51819035960607cec426f72147 https://moneyplansos.com/what-happened-to-perkstreet-mpsos120-podcast/ Sun, 08 Apr 2012 16:07:00 +0000 1860 no full Jeff Rose starts a ROTH IRA Movement Jeff Rose starts a ROTH IRA Movement 56 Steve Stewart #56: What do you do when 99% of high school seniors don't know what a ROTH IRA is? You start a MOVEMENT! That's what Jeff Rose did - and I'm part of The Roth IRA Movement. For more information, visit the show notes at https://moneyplansos.com/sos056-jeff-rose-starts-a-roth-ira-movement/ #56: What do you do when 99% of high school seniors don't know what a ROTH IRA is? You start a MOVEMENT! That's what Jeff Rose did - and I'm part of The Roth IRA Movement. For more information, visit the show notes at https://moneyplansos.com/sos056-jeff-rose-starts-a-roth-ira-movement/ 1affe8942c1d288798b0552f90ba43d4 https://moneyplansos.com/sos056-jeff-rose-starts-a-roth-ira-movement/ Fri, 30 Mar 2012 23:49:00 +0000 2032 no full Should the government forgive Student Loans? Should the government forgive Student Loans? 55 Steve Stewart #55: Zac Bissonnette, Jon White, Jackie Walters, and Brent Pittman discuss the Student Loan Forgiveness Act of 2012 that is being put in front of Congress. For more information, visit the show notes at https://moneyplansos.com/sos055-forgiving-student-loans-hr-4170/ #55: Zac Bissonnette, Jon White, Jackie Walters, and Brent Pittman discuss the Student Loan Forgiveness Act of 2012 that is being put in front of Congress. For more information, visit the show notes at https://moneyplansos.com/sos055-forgiving-student-loans-hr-4170/ 7391ba52d102785d8c7c450516a614d3 https://moneyplansos.com/sos055-forgiving-student-loans-hr-4170/ Wed, 21 Mar 2012 17:00:00 +0000 3330 no full Which Tax Prep Software Should I Use (2012) Which Tax Prep Software Should I Use (2012) 54 Steve Stewart #54: All you need to know between the various levels of tax software. The full list can be found at https://moneyplansos.com/sos054-which-tax-prep-software-should-i-use/ #54: All you need to know between the various levels of tax software. The full list can be found at https://moneyplansos.com/sos054-which-tax-prep-software-should-i-use/ 20151af5613c37f43fb6b6e8084cddaa https://moneyplansos.com/sos054-which-tax-prep-software-should-i-use/ Wed, 14 Mar 2012 17:00:00 +0000 1945 no full Understanding YNAB Budgeting with Jesse Mecham Understanding YNAB Budgeting with Jesse Mecham 53 Steve Stewart #53: Jesse Mecham is the founder of YNAB – You Need A Budget. For a full list of discussion points and resources visit https://moneyplansos.com/sos053-understanding-ynab-with-jesse-mecham/ #53: Jesse Mecham is the founder of YNAB – You Need A Budget. For a full list of discussion points and resources visit https://moneyplansos.com/sos053-understanding-ynab-with-jesse-mecham/ 7da172186062911cf219aa896635a886 https://moneyplansos.com/sos053-understanding-ynab-with-jesse-mecham/ Wed, 07 Mar 2012 18:00:00 +0000 2282 no full Do You Know These 8 Investing Terms? Do You Know These 8 Investing Terms? 52 Steve Stewart #52: 8 terms we need to understand when it comes to investing money. Full list of terms at https://moneyplansos.com/sos052-8-terms-to-understand-when-investing-in-mutual-funds/ #52: 8 terms we need to understand when it comes to investing money. Full list of terms at https://moneyplansos.com/sos052-8-terms-to-understand-when-investing-in-mutual-funds/ e1e53586a5b2942724e90ca7ad1714a9 https://moneyplansos.com/sos052-8-terms-to-understand-when-investing-in-mutual-funds/ Thu, 01 Mar 2012 07:25:00 +0000 1628 no full Earn Points and Rewards WITHOUT Credit Cards Earn Points and Rewards WITHOUT Credit Cards 51 Steve Stewart #51: I earn hotel stays, free gift cards, and even flights across the country without having a single credit card. How? Listen to find out. COMPLETE LIST at https://moneyplansos.com/sos051-earn-points-and-miles-without-credit-cards/ #51: I earn hotel stays, free gift cards, and even flights across the country without having a single credit card. How? Listen to find out. COMPLETE LIST at https://moneyplansos.com/sos051-earn-points-and-miles-without-credit-cards/ 5f4086e7208d0eed5f4e94bcd75bbd58 https://moneyplansos.com/sos051-earn-points-and-miles-without-credit-cards/ Fri, 24 Feb 2012 18:49:00 +0000 1424 no full Who Cares What Dave Ramsey Says? Who Cares What Dave Ramsey Says? 50 Steve Stewart #50: As a Dave Ramsey Trained Financial Coach, this sounds like blasphemy. But it's not what "Dave Ramsey says...", it's what he teaches that matters. My full explanation at https://moneyplansos.com/sos050-who-cares-what-dave-ramsey-says/ #50: As a Dave Ramsey Trained Financial Coach, this sounds like blasphemy. But it's not what "Dave Ramsey says...", it's what he teaches that matters. My full explanation at https://moneyplansos.com/sos050-who-cares-what-dave-ramsey-says/ 959ae7e4b50298c484ab1bde1778118c https://moneyplansos.com/sos050-who-cares-what-dave-ramsey-says/ Sat, 18 Feb 2012 18:06:00 +0000 1224 no full Recommended Percentages for Budgeting with free download Recommended Percentages for Budgeting with free download 49 Steve Stewart #49: This is a great exercise to see if there are any financial anomalies in your house that are out of whack. Download the Recommended Percentages worksheet from https://moneyplansos.com/sos049-recommended-percentages/ #49: This is a great exercise to see if there are any financial anomalies in your house that are out of whack. Download the Recommended Percentages worksheet from https://moneyplansos.com/sos049-recommended-percentages/ ba18e8c87c961cb3079ea6c97537fe0d https://moneyplansos.com/sos049-recommended-percentages/ Thu, 09 Feb 2012 05:40:00 +0000 1744 no full How to Invest like Spock How to Invest like Spock 48 Steve Stewart #48: We need to invest like Spock Deciding how, where, and why to invest should not be taken lightly. We need to think logically and look at the data, the facts. Spock from Star Trek is a great example of how to approach investing wisely. He didn't let emotions get into the way of making the right decision and he didn't care how others felt about the choices he made. They were based on facts. For more information, visit the show notes at https://moneyplansos.com/sos049-recommended-percentages/ #48: We need to invest like Spock Deciding how, where, and why to invest should not be taken lightly. We need to think logically and look at the data, the facts. Spock from Star Trek is a great example of how to approach investing wisely. He didn't let emotions get into the way of making the right decision and he didn't care how others felt about the choices he made. They were based on facts. For more information, visit the show notes at https://moneyplansos.com/sos049-recommended-percentages/ 34e79e3dedc63b88c92fb070d860f68d https://moneyplansos.com/sos049-recommended-percentages/ Fri, 03 Feb 2012 22:53:00 +0000 1485 no full Who Do You Work For? How Taxes Make You Work Longer Who Do You Work For? How Taxes Make You Work Longer 47 Steve Stewart #47: Our purchasing power is handicapped by taxes. Learn how long you have to work to afford a $200 iPod Touch. Full list of examples can be found at https://moneyplansos.com/sos047-who-do-you-work-for/ #47: Our purchasing power is handicapped by taxes. Learn how long you have to work to afford a $200 iPod Touch. Full list of examples can be found at https://moneyplansos.com/sos047-who-do-you-work-for/ aa2a4e8ff7da29a3d4908940f4992b49 https://moneyplansos.com/sos047-who-do-you-work-for/ Fri, 27 Jan 2012 05:53:00 +0000 1512 no full I'm Defending Suze Orman? Really, I am! I'm Defending Suze Orman? Really, I am! 46 Steve Stewart #46: I'm defending Suze Orman?!? Yes, but bot for her behavior when personal finance bloggers idiots - but for something she did with her "Approved Card" that I would love to see other card issuers do. UPDATE: Suze Orman closed her "Approved Card" in 2015 For more information, visit the show notes at https://moneyplansos.com/sos046-defending-suze-orman/ #46: I'm defending Suze Orman?!? Yes, but bot for her behavior when personal finance bloggers idiots - but for something she did with her "Approved Card" that I would love to see other card issuers do. UPDATE: Suze Orman closed her "Approved Card" in 2015 For more information, visit the show notes at https://moneyplansos.com/sos046-defending-suze-orman/ 4104c63bd1f2f794377ebe272fa5173d https://moneyplansos.com/sos046-defending-suze-orman/ Thu, 19 Jan 2012 00:58:00 +0000 1179 no full Setting Goals Part 2 with guest Jon White Setting Goals Part 2 with guest Jon White 45 Steve Stewart #45: After getting your debt paid off and having an emergency fund, now you get to enjoy your money! Write goals down so you are reminded everyday Make them specific and measurable Figure out your "Why". Why do you want to reach this goal? Create your MONEYPLAN and set some savings goals. How much do you need to cut from your budget to make this happen? How much do you need to save? How will you save the money? Look at the long-term reward, not the short-term pain. In other words, set your eyes on the goalposts and not the 350 lbs linebacker heading your way For more information, visit the show notes at https://moneyplansos.com/sos045-setting-goals-part-2 #45: After getting your debt paid off and having an emergency fund, now you get to enjoy your money! Write goals down so you are reminded everyday Make them specific and measurable Figure out your "Why". Why do you want to reach this goal? Create your MONEYPLAN and set some savings goals. How much do you need to cut from your budget to make this happen? How much do you need to save? How will you save the money? Look at the long-term reward, not the short-term pain. In other words, set your eyes on the goalposts and not the 350 lbs linebacker heading your way For more information, visit the show notes at https://moneyplansos.com/sos045-setting-goals-part-2 37124caad18a46f7b08ea46e960ec81b https://moneyplansos.com/sos045-setting-goals-part-2 Thu, 12 Jan 2012 14:09:00 +0000 1933 no full Setting Goals with guest Jon White Setting Goals with guest Jon White 44 Steve Stewart #44: The first of a 2-part series from Jon White. For more information, visit the show notes at https://moneyplansos.com/sos044-setting-goals-with-jon-white/ #44: The first of a 2-part series from Jon White. For more information, visit the show notes at https://moneyplansos.com/sos044-setting-goals-with-jon-white/ d6d97b7e08976d8237a12c76fff7324b https://moneyplansos.com/sos044-setting-goals-with-jon-white/ Fri, 06 Jan 2012 05:41:00 +0000 1581 no full Top 11 Episodes of 2011 Top 11 Episodes of 2011 43 Steve Stewart #43: What were the top listened to, commented on, and Tweeted episodes from 2011? For the full list, go to https://moneyplansos.com/sos043-top-11-of-2011/ #43: What were the top listened to, commented on, and Tweeted episodes from 2011? For the full list, go to https://moneyplansos.com/sos043-top-11-of-2011/ acb38772cdb42833704e118fdaa64261 https://moneyplansos.com/sos043-top-11-of-2011/ Fri, 30 Dec 2011 16:18:00 +0000 1954 no full Changing Values Into Valuables Changing Values Into Valuables 42 Steve Stewart #42: One of the things we have to do when building our house of financial freedom open up some windows (share and experience things with others). I call this giving. There are plenty of ways to be a giver. 5 ways to turn things we value into something valuable for others can be found at https://moneyplansos.com/sos042-changing-values-into-valuables/ #42: One of the things we have to do when building our house of financial freedom open up some windows (share and experience things with others). I call this giving. There are plenty of ways to be a giver. 5 ways to turn things we value into something valuable for others can be found at https://moneyplansos.com/sos042-changing-values-into-valuables/ a6d1c48cf4452513ab3cf2275d8f3fdf https://moneyplansos.com/sos042-changing-values-into-valuables/ Fri, 23 Dec 2011 13:56:00 +0000 1330 no full They Want Our Eyeballs! How advertisers try to get your attention They Want Our Eyeballs! How advertisers try to get your attention 41 Steve Stewart #41: The media doesn't make money unless they sell advertising. What do they need for advertisers to pay them money? They need eyeballs. Regardless of what you read, approach everything with critical thinking. For more information, visit the show notes at https://moneyplansos.com/sos041-they-need-our-eyeballs/ #41: The media doesn't make money unless they sell advertising. What do they need for advertisers to pay them money? They need eyeballs. Regardless of what you read, approach everything with critical thinking. For more information, visit the show notes at https://moneyplansos.com/sos041-they-need-our-eyeballs/ fa0249ac4bca9253fc0b69593788ef68 https://moneyplansos.com/sos041-they-need-our-eyeballs/ Sat, 17 Dec 2011 04:30:00 +0000 1663 no full Who I Am - Steve Stewart's backstory (through 2011) Who I Am - Steve Stewart's backstory (through 2011) 40 Steve Stewart #40: Who am I? Your humble servant and Personal Finance Architect! How did I come to be a coach? That is a question I get often from people who want to become a financial coach and/or take Dave Ramsey's Counselor Training. But before I tell you all about that experience, I feel it is important that you know more about me. What caused this goofy guy to become a financial coach and Mr. "Pay Attention Not Interest"? For more information, visit the show notes at https://moneyplansos.com/sos040-who-i-am/ #40: Who am I? Your humble servant and Personal Finance Architect! How did I come to be a coach? That is a question I get often from people who want to become a financial coach and/or take Dave Ramsey's Counselor Training. But before I tell you all about that experience, I feel it is important that you know more about me. What caused this goofy guy to become a financial coach and Mr. "Pay Attention Not Interest"? For more information, visit the show notes at https://moneyplansos.com/sos040-who-i-am/ 724e1435fcef8f54cb4a863caa1228cb https://moneyplansos.com/sos040-who-i-am/ Wed, 07 Dec 2011 06:30:00 +0000 1641 no full Open Enrollment Part 3: 401k or IRA? Open Enrollment Part 3: 401k or IRA? 39 Steve Stewart #39: In this episode I cover various tax-favored retirement plans for U.S. workers. An example of 401k vs ROTH IRA can be found at https://moneyplansos.com/sos039-open-enrollment-401k-or-ira/ #39: In this episode I cover various tax-favored retirement plans for U.S. workers. An example of 401k vs ROTH IRA can be found at https://moneyplansos.com/sos039-open-enrollment-401k-or-ira/ cafcf1a530d29efbed635ee08ea05dc0 https://moneyplansos.com/sos039-open-enrollment-401k-or-ira/ Wed, 23 Nov 2011 06:34:00 +0000 1941 no full Open Enrollment Part 2: Cafeteria Plans Open Enrollment Part 2: Cafeteria Plans 38 Steve Stewart #38: Cafeteria Plans, aka Flexible Spending Plans, are great ways to save money tax-free on Health Care expenses and Dependent Care expenses. For more information, visit the show notes at http://moneyplansos.com/sos038-open-enrollment-cafeteria-plans-and-saving-with-fsa/ #38: Cafeteria Plans, aka Flexible Spending Plans, are great ways to save money tax-free on Health Care expenses and Dependent Care expenses. For more information, visit the show notes at http://moneyplansos.com/sos038-open-enrollment-cafeteria-plans-and-saving-with-fsa/ 48f6467887a07a07e6a73cd97106daf9 http://moneyplansos.com/sos038-open-enrollment-cafeteria-plans-and-saving-with-fsa/ Fri, 18 Nov 2011 16:30:00 +0000 1331 no full Open Enrollment Part 1: Insurance Options Open Enrollment Part 1: Insurance Options 37 Steve Stewart #37: An overview of insurance options through your company's plan. Full list of resources and notes at http://moneyplansos.com/sos037-open-enrollment-insurance-options/ #37: An overview of insurance options through your company's plan. Full list of resources and notes at http://moneyplansos.com/sos037-open-enrollment-insurance-options/ fe9f73796bd2e452f96f371a4c2d85a3 http://moneyplansos.com/sos037-open-enrollment-insurance-options/ Thu, 10 Nov 2011 23:41:30 +0000 2234 no full Should I Refi? The Math Behind Refinancing a Mortgage Should I Refi? The Math Behind Refinancing a Mortgage 36 Steve Stewart #36: Interest rates are even lower than our 5.35% mortgage. Should we refi? Full math and notes at http://moneyplansos.com/sos036-should-i-refi/ #36: Interest rates are even lower than our 5.35% mortgage. Should we refi? Full math and notes at http://moneyplansos.com/sos036-should-i-refi/ 70fa069210bc4ccabcbc8c8fee2a0689 http://moneyplansos.com/sos036-should-i-refi/ Fri, 28 Oct 2011 05:19:57 +0000 2330 no full A MoneyPlan For Kids A MoneyPlan For Kids 35 Steve Stewart #35: There are only 3 things you can do with money. This applies for both children and adults: Full list of notes at http://moneyplansos.com/sos035-a-moneyplan-for-kids/ #35: There are only 3 things you can do with money. This applies for both children and adults: Full list of notes at http://moneyplansos.com/sos035-a-moneyplan-for-kids/ 5836b277565694cbddef164f166e1c76 http://moneyplansos.com/sos035-a-moneyplan-for-kids/ Thu, 20 Oct 2011 06:02:50 +0000 1356 no full I'm Saying NO To FICO I'm Saying NO To FICO 34 Steve Stewart #34: I AIN'T PLAYIN' NO MO! The FICO Score is a one-sided system of debt evaluation and does not take into account your true financial history. The 5 Components of a FICO Score: 10% Type of credit (debt) 10% New credit (debt) 15% Credit (debt) history 30% How much you owe 35% Debt payment history It's all based on debt! For more information, visit the show notes at http://moneyplansos.com/sos034-saying-no-to-fico/ #34: I AIN'T PLAYIN' NO MO! The FICO Score is a one-sided system of debt evaluation and does not take into account your true financial history. The 5 Components of a FICO Score: 10% Type of credit (debt) 10% New credit (debt) 15% Credit (debt) history 30% How much you owe 35% Debt payment history It's all based on debt! For more information, visit the show notes at http://moneyplansos.com/sos034-saying-no-to-fico/ 969a8c8e80a447fc1dda4824b147af2f http://moneyplansos.com/sos034-saying-no-to-fico/ Wed, 12 Oct 2011 06:17:00 +0000 1108 no full Credit worthiness without a credit score? eCredable is INCREDIBLE! Credit worthiness without a credit score? eCredable is INCREDIBLE! 33 Steve Stewart #33: Steve Ely, CEO of eCredable, used to work for Equifax running the Direct Consumer Business. One of the challenges he experienced was they had a very limited scope in terms of how they could help consumers. Consumers really wanted help with financial advice or with their credit file but that was not what they were there for. Their primary business was to serve companies, not consumers. He left that company to become CEO of a company that does serve consumers and individuals. Introducing eCredable.com! A service that helps individuals build a true picture of their payment history that every creditor must take into consideration when they use other credit related information to determine your credit worthiness. What is the difference between traditional credit score lending and eCredable? FICO score: A numerical score based upon Amounts Owed (debt), Credit History (from debt products), New Credit (new debt), Type of Credit (debt), and Payment History (on the debt). In summary, borrow a lot of money and pay interest regularly over a long period of time and you will have a great credit score, allowing you to borrow more money, get lots of credit offers in the mail, and be a target for identity theft. eCredable AMP (All My Payments) Credit Rating: An A - F grade of your true payment history, NOT JUST PAYMENTS MADE ON DEBT PRODUCTS. Your electric bill, rent payment, daycare tuition, the month-to-month type bills most of us have that are never factored into a FICO score. If you have debt, your current payments are taken into consideration when you include that in your eCredable profile. Who can eCredable help that FICO doesn't? Graduates: Starting out their adult life as an individual with bad credit or no credit. Ever try to get a cell phone without a credit history? Ever been turned down for an apartment because of your credit score? Get past dummy lending (getting approval from a FICO score) by showing your AMP Credit Report. Immigrants: Why would you come to this country only to learn you have to incur debt in order to "build their credit"? Individuals that are here legally and don't have a traditional credit history can show that they have a good payment history with eCredable's AMP Report. They can apply for bank accounts, get better rates on car payments (which I don't recommend), even use it when applying for a job with a company who looks at your credit score. People who had bad credit and just can't wait for their FICO score to improve: Why wait for your credit score to "heal"? Use the eCredable Report to get better terms or interest rates when lenders Debt-free lifestyles: Continue to pay the light bill, phone bill, even child care and you will likely qualify for the best rates on car insurance and mortgage rates - even when you have a zero credit score. Build your AMP Credit Report To build your own AMP Credit report, sign up by going to eCredable.com/MoneyPlanSOS #33: Steve Ely, CEO of eCredable, used to work for Equifax running the Direct Consumer Business. One of the challenges he experienced was they had a very limited scope in terms of how they could help consumers. Consumers really wanted help with financial advice or with their credit file but that was not what they were there for. Their primary business was to serve companies, not consumers. He left that company to become CEO of a company that does serve consumers and individuals. Introducing eCredable.com! A service that helps individuals build a true picture of their payment history that every creditor must take into consideration when they use other credit related information to determine your credit worthiness. What is the difference between traditional credit score lending and eCredable? FICO score: A numerical score based upon Amounts Owed (debt), Credit History (from debt products), New Credit (new debt), Type of Credit (debt), and Payment History (on the debt). In summary, borrow a lot of money and pay interest regularly over a long period of time and you will have a great credit score, allowing you to borrow more money, get lots of credit offers in the mail, and be a target for identity theft. eCredable AMP (All My Payments) Credit Rating: An A - F grade of your true payment history, NOT JUST PAYMENTS MADE ON DEBT PRODUCTS. Your electric bill, rent payment, daycare tuition, the month-to-month type bills most of us have that are never factored into a FICO score. If you have debt, your current payments are taken into consideration when you include that in your eCredable profile. Who can eCredable help that FICO doesn't? Graduates: Starting out their adult life as an individual with bad credit or no credit. Ever try to get a cell phone without a credit history? Ever been turned down for an apartment because of your credit score? Get past dummy lending (getting approval from a FICO score) by showing your AMP Credit Report. Immigrants: Why would you come to this country only to learn you have to incur debt in order to "build their credit"? Individuals that are here legally and don't have a traditional credit history can show that they have a good payment history with eCredable's AMP Report. They can apply for bank accounts, get better rates on car payments (which I don't recommend), even use it when applying for a job with a company who looks at your credit score. People who had bad credit and just can't wait for their FICO score to improve: Why wait for your credit score to "heal"? Use the eCredable Report to get better terms or interest rates when lenders Debt-free lifestyles: Continue to pay the light bill, phone bill, even child care and you will likely qualify for the best rates on car insurance and mortgage rates - even when you have a zero credit score. Build your AMP Credit Report To build your own AMP Credit report, sign up by going to eCredable.com/MoneyPlanSOS d5851992577f3eb48e5de4f66c750637 http://moneyplansos.com/sos033-ecredable-is-incredible/ Tue, 04 Oct 2011 22:23:00 +0000 2664 no full An Argument for Privatizing Social Security An Argument for Privatizing Social Security 32 Steve Stewart #32: Ashley Barnett, Personal Finance Blogger from MoneyTalksCoaching.com, shares her thoughts on Social Security. We know the system is broken -- but can it be fixed? She has an idea and she wrote about it in her blogpost "An Argument For Privatizing Social Security". Ashely talks about who Social Security is for, it's not just for retirees anymore, and how employees only pay 4.2% towards FICA (Federal Insurance Contribution Act, or payroll taxes). To repair the system and maintain it in the current state that is it in can be any one of the three following options: Lower Benefits Increased Taxes Borrow (more debt) I don't like any of those options, so Ashley explains to us the benefits of Privatizing Social Security: Your money stays with you Unused funds can be inherited The government can't reduce or withdraw your benefits Privatizing sounds scary, doesn't it? Our MoneyTalksCoach guest uses practical math to explain how Funding Private Accounts, even in a conservative investment option, will net someone more money than Social Security ever could. Sounds like a reasonable solution to me! Do you have suggestions on how we can fix our Social Security problem? Please leave comments below and let's continue the discussion. I would love to get another conversation going for a future podcast episode. For more information, visit the show notes at https://moneyplansos.com/032-privatizing-social-security-with-ashley-barnett/ #32: Ashley Barnett, Personal Finance Blogger from MoneyTalksCoaching.com, shares her thoughts on Social Security. We know the system is broken -- but can it be fixed? She has an idea and she wrote about it in her blogpost "An Argument For Privatizing Social Security". Ashely talks about who Social Security is for, it's not just for retirees anymore, and how employees only pay 4.2% towards FICA (Federal Insurance Contribution Act, or payroll taxes). To repair the system and maintain it in the current state that is it in can be any one of the three following options: Lower Benefits Increased Taxes Borrow (more debt) I don't like any of those options, so Ashley explains to us the benefits of Privatizing Social Security: Your money stays with you Unused funds can be inherited The government can't reduce or withdraw your benefits Privatizing sounds scary, doesn't it? Our MoneyTalksCoach guest uses practical math to explain how Funding Private Accounts, even in a conservative investment option, will net someone more money than Social Security ever could. Sounds like a reasonable solution to me! Do you have suggestions on how we can fix our Social Security problem? Please leave comments below and let's continue the discussion. I would love to get another conversation going for a future podcast episode. For more information, visit the show notes at https://moneyplansos.com/032-privatizing-social-security-with-ashley-barnett/ 99116942d94dde0f7bad28f91b7f9a6e https://moneyplansos.com/032-privatizing-social-security-with-ashley-barnett/ Wed, 28 Sep 2011 01:06:00 +0000 2516 no full Renting vs Buying: House Poor Are You? Renting vs Buying: House Poor Are You? 31 Steve Stewart #31: Too much of your take-home pay going to the mortgage makes you "House Poor", and it can be devastating to your financial future. But Owning a home has so many benefits. In this episode we walk through the pros and cons of owning a home. For more information, visit the show notes at https://moneyplansos.com/sos031-house-poor-are-you/ #31: Too much of your take-home pay going to the mortgage makes you "House Poor", and it can be devastating to your financial future. But Owning a home has so many benefits. In this episode we walk through the pros and cons of owning a home. For more information, visit the show notes at https://moneyplansos.com/sos031-house-poor-are-you/ 9f1dde537aa0112b2a67e5fd2a5b54df https://moneyplansos.com/sos031-house-poor-are-you/ Wed, 07 Sep 2011 05:15:52 +0000 2062 no full Real Life Case Story with Glenn and Fredonna Real Life Case Story with Glenn and Fredonna 30 Steve Stewart #30: Glenn and Fredonna didn't have a plan for their money. He handled the finances and she was a "willing bystander" with the budget. When they contacted me they wanted to do better, to have a plan for their money. And I answered the call. They also allowed me to use their struggles for a Real Life Case Study episode. They wanted to be able to provide for their family, give generously, and build a house for themselves but did not know how they were going to do it. They had $1,000 in medical debt, $5,700 owed on a car, and the wife had $20,000 in student loans but decided to become a stay-at-home Mom while making $35,000 a year. Most of the time a spouse who has $20K in student loans isn't able to stay at home when the other spouse only makes $35K, that is without destroying the future of the entire family. But this couple has locked arms, cut back, and are making it on less than they make! Listen to their story in this episode of the MoneyPlanSOS podcast, hear their gentle hearts talk about caring for their two little girls, the way he took his handyman business seriously, started keeping track of expenses and are now working together on a budget. And they are rocking it! #30: Glenn and Fredonna didn't have a plan for their money. He handled the finances and she was a "willing bystander" with the budget. When they contacted me they wanted to do better, to have a plan for their money. And I answered the call. They also allowed me to use their struggles for a Real Life Case Study episode. They wanted to be able to provide for their family, give generously, and build a house for themselves but did not know how they were going to do it. They had $1,000 in medical debt, $5,700 owed on a car, and the wife had $20,000 in student loans but decided to become a stay-at-home Mom while making $35,000 a year. Most of the time a spouse who has $20K in student loans isn't able to stay at home when the other spouse only makes $35K, that is without destroying the future of the entire family. But this couple has locked arms, cut back, and are making it on less than they make! Listen to their story in this episode of the MoneyPlanSOS podcast, hear their gentle hearts talk about caring for their two little girls, the way he took his handyman business seriously, started keeping track of expenses and are now working together on a budget. And they are rocking it! 8ea95999f6a0a72bcd86531f53e7ecf4 https://moneyplansos.com/030-mpsos-real-life-case-story/ Wed, 24 Aug 2011 14:45:55 +0000 1927 no full Everything Becomes Normal Everything Becomes Normal 29 Steve Stewart #29: Guest blogger and aspiring Personal Finance Coach Alex Humphrey from AlexSpeaks.com tells us that Everything is Normal. Places, people, things, even the way we think money should be handled is weird to some but becomes normal when you're around it long enough. Also, Holla From The Impala: The Media Is Winning For more information, visit the show notes at https://moneyplansos.com/029-mpsos-everything-is-normal/ #29: Guest blogger and aspiring Personal Finance Coach Alex Humphrey from AlexSpeaks.com tells us that Everything is Normal. Places, people, things, even the way we think money should be handled is weird to some but becomes normal when you're around it long enough. Also, Holla From The Impala: The Media Is Winning For more information, visit the show notes at https://moneyplansos.com/029-mpsos-everything-is-normal/ 1ddc67cfcbdec95f60b8855140c5d09d https://moneyplansos.com/029-mpsos-everything-is-normal/ Wed, 17 Aug 2011 07:47:41 +0000 2307 no full Debt Snowball Calculator with Eric Lentz Debt Snowball Calculator with Eric Lentz 28 Steve Stewart #28: Eric Lentz paid off $53,000 in debt over 24 months using his very own Debt Snowball Calculator. While he no longer sells his Debt Snowball Calculator, you can download a copy (click here) or contact me: https://SteveStewart.me/contact For more information, visit the show notes at https://moneyplansos.com/028-mpsos-debt-snowball-calculator-with-eric-lentz/ #28: Eric Lentz paid off $53,000 in debt over 24 months using his very own Debt Snowball Calculator. While he no longer sells his Debt Snowball Calculator, you can download a copy (click here) or contact me: https://SteveStewart.me/contact For more information, visit the show notes at https://moneyplansos.com/028-mpsos-debt-snowball-calculator-with-eric-lentz/ 3070cbac243c70c501e1528653d72135 https://moneyplansos.com/028-mpsos-debt-snowball-calculator-with-eric-lentz/ Wed, 10 Aug 2011 13:31:55 +0000 1653 no full What is Crown Financial Ministries? with John Riley What is Crown Financial Ministries? with John Riley 27 Steve Stewart #27: John Riley is the US Director of Volunteer Ministries at Crown Financial Ministries and has his eyes on Heaven in 2011. He serves a number of people at Crown who give of their time freely to churches, businesses, and schools in order to produce a true financial peace and freedom. In short, he supports Financial Coaches who help teach Americans how to manage their money God's way. For more information, visit the show notes at https://moneyplansos.com/027-mpsos-crown-financial-ministries-with-john-riley/ #27: John Riley is the US Director of Volunteer Ministries at Crown Financial Ministries and has his eyes on Heaven in 2011. He serves a number of people at Crown who give of their time freely to churches, businesses, and schools in order to produce a true financial peace and freedom. In short, he supports Financial Coaches who help teach Americans how to manage their money God's way. For more information, visit the show notes at https://moneyplansos.com/027-mpsos-crown-financial-ministries-with-john-riley/ 2155f3d8343c58dac2051f2902eb9954 https://moneyplansos.com/027-mpsos-crown-financial-ministries-with-john-riley/ Wed, 03 Aug 2011 04:28:37 +0000 2518 no full Build a House of Financial Freedom Build a House of Financial Freedom 26 Steve Stewart #26: The step-by-step plan to build a house of Financial Freedom: 1. Work 2. Plan 3. Give 4. Pay for necessities 5. Save $1,000 6. Pay for a few wants 7. Pay off all debt (except mortgage). 8. Save 3-6 months of expenses 9. Save for short-term purchases (repairs, vacations, etc..) 10. Invest wisely 11. Pay off the house 12. Build wealth in order to give a bunch of it away Visit the show notes to download a pdf of this list: https://moneyplansos.com/026-mpsos-build-a-house-of-financial-freedom/ #26: The step-by-step plan to build a house of Financial Freedom: 1. Work 2. Plan 3. Give 4. Pay for necessities 5. Save $1,000 6. Pay for a few wants 7. Pay off all debt (except mortgage). 8. Save 3-6 months of expenses 9. Save for short-term purchases (repairs, vacations, etc..) 10. Invest wisely 11. Pay off the house 12. Build wealth in order to give a bunch of it away Visit the show notes to download a pdf of this list: https://moneyplansos.com/026-mpsos-build-a-house-of-financial-freedom/ 01b0c9759b89a5a60aee0282af8bb069 https://moneyplansos.com/026-mpsos-build-a-house-of-financial-freedom/ Thu, 28 Jul 2011 04:35:50 +0000 1714 no full Dave Ramsey's Great Recovery Action Steps Dave Ramsey's Great Recovery Action Steps 25 Steve Stewart #25: The Great Recovery was simulcast all over America on July 21, 2011. Dave Ramsey called out to Church Leaders and Financial Peace University Coordinators all over America to inject a spirit of hope into our congregations, communities, and our country. The answer won't come from the Government, it certainly won't come from the President, it won't even come from Dave Ramsey himself - but he can start a movement. Here are the four action steps: 1) Start talking to your congregation and community and inject a spirit of hope. 2) Teach financial classes in mass 3) Read Proverbs and start doing Pastoral work 4) Join in The Great Recovery. My co-host for this episode is Mike Young, a Dave Ramsey Certified Coach and host of the Beyond Your Wedding Day podcast. For more information, visit the show notes at https://moneyplansos.com/025-mpsos-the-great-recovery-action-steps #25: The Great Recovery was simulcast all over America on July 21, 2011. Dave Ramsey called out to Church Leaders and Financial Peace University Coordinators all over America to inject a spirit of hope into our congregations, communities, and our country. The answer won't come from the Government, it certainly won't come from the President, it won't even come from Dave Ramsey himself - but he can start a movement. Here are the four action steps: 1) Start talking to your congregation and community and inject a spirit of hope. 2) Teach financial classes in mass 3) Read Proverbs and start doing Pastoral work 4) Join in The Great Recovery. My co-host for this episode is Mike Young, a Dave Ramsey Certified Coach and host of the Beyond Your Wedding Day podcast. For more information, visit the show notes at https://moneyplansos.com/025-mpsos-the-great-recovery-action-steps f2621ddf6c6f2ebe26d5cbf5268b1798 https://moneyplansos.com/025-mpsos-the-great-recovery-action-steps Fri, 22 Jul 2011 09:36:34 +0000 3329 no full Real Life Case Study with Zac Bissonnette Real Life Case Study with Zac Bissonnette 24 Steve Stewart #24: In this Real Life Case Study episode we help a young, single, male college student going off to an out-of-state college this fall. His tuition is paid for and he will be getting a stipend that will cover most of his expenses. So why is this a case study? He already has $90K in student loans. Ouch. Today's guest is NOT a Financial Coach, yet he is uniquely qualified to speak into this college student's life. Zac Bissonnette, writer for Time.com and Author of Debt Free U, is passionate about personal finance and financial literacy issue. Zac has been studying and researching for years on ways to pay for higher education and views the student loan crisis in America as the most pressing financial issue that we have. He shares his extensive knowledge on private and Federal student loan debt to advise our Real Life Case Study on some choices he can make to improve his financial life before, and while away at, college. For more information, visit the show notes at https://moneyplansos.com/024-mpsos-real-life-case-study-with-zac-bissonnette/ #24: In this Real Life Case Study episode we help a young, single, male college student going off to an out-of-state college this fall. His tuition is paid for and he will be getting a stipend that will cover most of his expenses. So why is this a case study? He already has $90K in student loans. Ouch. Today's guest is NOT a Financial Coach, yet he is uniquely qualified to speak into this college student's life. Zac Bissonnette, writer for Time.com and Author of Debt Free U, is passionate about personal finance and financial literacy issue. Zac has been studying and researching for years on ways to pay for higher education and views the student loan crisis in America as the most pressing financial issue that we have. He shares his extensive knowledge on private and Federal student loan debt to advise our Real Life Case Study on some choices he can make to improve his financial life before, and while away at, college. For more information, visit the show notes at https://moneyplansos.com/024-mpsos-real-life-case-study-with-zac-bissonnette/ f32c7dfff01d0f2caad5a152f88be47e https://moneyplansos.com/024-mpsos-real-life-case-study-with-zac-bissonnette/ Tue, 12 Jul 2011 07:13:00 +0000 2416 no full How To Achieve Your Savings Goals How To Achieve Your Savings Goals 23 Steve Stewart #23: You need to save money. Once you have learned to live on less than you make, what do you do with the extra money? First thing for anyone (whether in debt or not): Have $1,000 in cash put aside for emergencies. When you hit that $1,000 amount, say to yourself out loud "I saved A THOUSAND DOLLARS". Go ahead and practice now. Pretty powerful, huh? Then what? You need to set some Savings Goals. For more information, visit the show notes at https://moneyplansos.com/023-mpsos-savings-goals/ #23: You need to save money. Once you have learned to live on less than you make, what do you do with the extra money? First thing for anyone (whether in debt or not): Have $1,000 in cash put aside for emergencies. When you hit that $1,000 amount, say to yourself out loud "I saved A THOUSAND DOLLARS". Go ahead and practice now. Pretty powerful, huh? Then what? You need to set some Savings Goals. For more information, visit the show notes at https://moneyplansos.com/023-mpsos-savings-goals/ ec647431ac903cfe110057968be1a84c https://moneyplansos.com/023-mpsos-savings-goals/ Wed, 06 Jul 2011 01:28:41 +0000 1309 no full Living Without Credit Cards Pt4 Living Without Credit Cards Pt4 22 Steve Stewart #22: One giant choice we can make to get control of our money is to stop using credit cards. It may seem impossible but the steps I've laid out in this 4 part series gives anyone some time to work the process and even start back over again if they mess up. Step 1 - Take the cards out of your wallet, put cash in your wallet Step 2 - Delete credit card numbers from all online accounts, use your bank's BillPay for online payments, Debit for purchases. Start saving the money you haven't been over-spending. Step 3 - Freeze your accounts to any further charges. By now you will start to see how much you've haven't been spending and how much more you can be saving. Step 4 - Realize you haven't been using the cards and you don't need them. Use your Debit card just like you used your credit card, there is no difference and they have the same protections when you don't use your PIN number. For more information, visit the show notes at https://moneyplansos.com/022-mpsos/ #22: One giant choice we can make to get control of our money is to stop using credit cards. It may seem impossible but the steps I've laid out in this 4 part series gives anyone some time to work the process and even start back over again if they mess up. Step 1 - Take the cards out of your wallet, put cash in your wallet Step 2 - Delete credit card numbers from all online accounts, use your bank's BillPay for online payments, Debit for purchases. Start saving the money you haven't been over-spending. Step 3 - Freeze your accounts to any further charges. By now you will start to see how much you've haven't been spending and how much more you can be saving. Step 4 - Realize you haven't been using the cards and you don't need them. Use your Debit card just like you used your credit card, there is no difference and they have the same protections when you don't use your PIN number. For more information, visit the show notes at https://moneyplansos.com/022-mpsos/ 291d2a61b016e3510c6411306e7d5b67 https://moneyplansos.com/022-mpsos/ Tue, 28 Jun 2011 15:35:51 +0000 1556 no full Real Life Case Study with Kelly Brantley Real Life Case Study with Kelly Brantley 21 Steve Stewart #21: In this Real Life Case Study episode we talk about a couple who have $57,000 in credit card debt and $23,000 in student loan debt. They bring home $4,500 a month but are behind with 8 of the 13 cards and are beginning to worry about being sued. It is a scary time for them and they didn't have a MoneyPlan. Our guest coach is Kelly Brantley from Financial Freedom Counseling Service in Ruston, LA. She is a Dave Ramsey Certified Counselor who has been helping individuals, couples, churches, and businesses with their personal finance challenges for over 3 years. You can find more about her at www.DebtFreeWithKelly.com For more information, visit the show notes at https://moneyplansos.com/021-mpsos-real-life-case-study-with-kelly-brantley/ #21: In this Real Life Case Study episode we talk about a couple who have $57,000 in credit card debt and $23,000 in student loan debt. They bring home $4,500 a month but are behind with 8 of the 13 cards and are beginning to worry about being sued. It is a scary time for them and they didn't have a MoneyPlan. Our guest coach is Kelly Brantley from Financial Freedom Counseling Service in Ruston, LA. She is a Dave Ramsey Certified Counselor who has been helping individuals, couples, churches, and businesses with their personal finance challenges for over 3 years. You can find more about her at www.DebtFreeWithKelly.com For more information, visit the show notes at https://moneyplansos.com/021-mpsos-real-life-case-study-with-kelly-brantley/ 5e8551fc336e1a66917f243d858dd6a7 https://moneyplansos.com/021-mpsos-real-life-case-study-with-kelly-brantley/ Tue, 21 Jun 2011 23:55:00 +0000 2875 no full Living Without Credit Cards Pt3 Living Without Credit Cards Pt3 20 Steve Stewart #20: Living Without Credit Cards takes more than just a pair of scissors and going cold turkey. This episode walks us through Step #3 to wean us off our dependency on plastic. Here is a recap of the steps so far: Step 1 - Take your cards out of your wallet and put cash in your wallet instead. Step 2 - Delete credit card numbers from your online accounts and use BillPay for online payments. Step 3 - Freeze your credit card accounts from any further charges and use the money you have been saving to build up your emergency fund. For more information, visit the show notes at https://moneyplansos.com/020-mpsos/ #20: Living Without Credit Cards takes more than just a pair of scissors and going cold turkey. This episode walks us through Step #3 to wean us off our dependency on plastic. Here is a recap of the steps so far: Step 1 - Take your cards out of your wallet and put cash in your wallet instead. Step 2 - Delete credit card numbers from your online accounts and use BillPay for online payments. Step 3 - Freeze your credit card accounts from any further charges and use the money you have been saving to build up your emergency fund. For more information, visit the show notes at https://moneyplansos.com/020-mpsos/ e02d7f9e43a4642b493bf2d763f69a85 https://moneyplansos.com/020-mpsos/ Tue, 07 Jun 2011 02:29:00 +0000 1155 no full Living Without Credit Cards Pt2 Living Without Credit Cards Pt2 19 Steve Stewart #19: We can't really live or give at our full potential unless we stop borrowing more money and eliminate debt. One of the first things we have to do to pay off debt is to stop borrowing more money. That means weening our dependency away from credit cards and using cash or debit. This episode covers Step #2: Delete your credit card numbers from all online accounts. Some cool side effects of this exercise: You may find some accounts you no longer need (magazine subscriptions) or you may re-visit some contracts (revise your cell-phone plan or cable subscriptions). Substitution or Solution: Use your bank's free online BillPay to pay for online purchases. Also, attempt to purchase things locally for at least 1 month instead of online, only using Debit when absolutely necessary. Holla From The Impala: Investing in the market - ya can't lose! For more information, visit the show notes at https://moneyplansos.com/019-mpsos/ #19: We can't really live or give at our full potential unless we stop borrowing more money and eliminate debt. One of the first things we have to do to pay off debt is to stop borrowing more money. That means weening our dependency away from credit cards and using cash or debit. This episode covers Step #2: Delete your credit card numbers from all online accounts. Some cool side effects of this exercise: You may find some accounts you no longer need (magazine subscriptions) or you may re-visit some contracts (revise your cell-phone plan or cable subscriptions). Substitution or Solution: Use your bank's free online BillPay to pay for online purchases. Also, attempt to purchase things locally for at least 1 month instead of online, only using Debit when absolutely necessary. Holla From The Impala: Investing in the market - ya can't lose! For more information, visit the show notes at https://moneyplansos.com/019-mpsos/ c36bd6913b88a007ec05ffc72188a449 https://moneyplansos.com/019-mpsos/ Wed, 01 Jun 2011 05:06:08 +0000 1158 no full Real Life Case Story with Jen and Bob McDonough Real Life Case Story with Jen and Bob McDonough 18 Steve Stewart #18: This is a real life story of a couple with four children who were normal Americans, made a lot of money, and enjoyed life. They had two cars with payments, a 2nd mortgage, spent $1,000 a month on dining, paid off credit cards with 401K loans, and thought they were doing great. But one of their four children caused them to sacrifice all that "living". Bob and Jen share their story of why they decided to make a drastic change in their life, including working 8 different jobs last year to pay off debt and START GIVING while paying off their ton of debt! Listen to their inspiring story of who they were, who they are now, and who they hope to become. If you were inspired to give and don't know where to start, why not make a donation to the Juvenile Diabetes Research Foundation at www.JDRF.org. For more information, visit the show notes at https://moneyplansos.com/018-mpsos-jen-mcdonough-real-life-case-story/ #18: This is a real life story of a couple with four children who were normal Americans, made a lot of money, and enjoyed life. They had two cars with payments, a 2nd mortgage, spent $1,000 a month on dining, paid off credit cards with 401K loans, and thought they were doing great. But one of their four children caused them to sacrifice all that "living". Bob and Jen share their story of why they decided to make a drastic change in their life, including working 8 different jobs last year to pay off debt and START GIVING while paying off their ton of debt! Listen to their inspiring story of who they were, who they are now, and who they hope to become. If you were inspired to give and don't know where to start, why not make a donation to the Juvenile Diabetes Research Foundation at www.JDRF.org. For more information, visit the show notes at https://moneyplansos.com/018-mpsos-jen-mcdonough-real-life-case-story/ 75ec5af49f5aba84963a8e4320fffae6 https://moneyplansos.com/018-mpsos-jen-mcdonough-real-life-case-story/ Wed, 25 May 2011 22:26:08 +0000 3225 no full Living Without Credit Cards Pt1 Living Without Credit Cards Pt1 17 Steve Stewart #17: Americans are dependent on their credit cards. But you can live without credit cards, it just takes some time and effort. In this episode we talk about the very first action step you need to take. It's the hardest step to take, even though the action is very easy - it's just hard to stick to it. We also discuss a solution or substitution on what to do instead of using plastic by talking about how the envelope system works. Holla From The Impala: Leaving money on the table is NOT smart money management For more information, visit the show notes at https://moneyplansos.com/017-mpsos/ #17: Americans are dependent on their credit cards. But you can live without credit cards, it just takes some time and effort. In this episode we talk about the very first action step you need to take. It's the hardest step to take, even though the action is very easy - it's just hard to stick to it. We also discuss a solution or substitution on what to do instead of using plastic by talking about how the envelope system works. Holla From The Impala: Leaving money on the table is NOT smart money management For more information, visit the show notes at https://moneyplansos.com/017-mpsos/ f6026c917749731011c481fa21743c38 https://moneyplansos.com/017-mpsos/ Thu, 19 May 2011 06:51:45 +0000 1357 no full DOs and DONTs for Engaged Couples DOs and DONTs for Engaged Couples 16 Steve Stewart #16: Financial Coaching at it's best from America's Personal Finance Architect, Steve Stewart. Helping everyday American's build a solid foundation on which to build their financial lives. In today's episode: Jon White from JWFinancialCoaching.Wordpress.com offers this article about the DOs and DONTs for engaged couples. Did you listen? Then go to the Facebook FanPage "Ask MoneyPlanSOS" and answer the poll for this question: You have $10,000 in credit card debt at 10% interest and $15,000 owed on your car at 5% interest. Your fiance' has no debt, $10,000 in savings, and expects to get a $2,000 bonus next month. Where should the $10,000 in savings go? On Holla From The Impala: A Bad Good Investment And Art Milbert tells a story about Discouragement. For more information, visit the show notes at https://moneyplansos.com/016-mpsos-engaged-couples/ #16: Financial Coaching at it's best from America's Personal Finance Architect, Steve Stewart. Helping everyday American's build a solid foundation on which to build their financial lives. In today's episode: Jon White from JWFinancialCoaching.Wordpress.com offers this article about the DOs and DONTs for engaged couples. Did you listen? Then go to the Facebook FanPage "Ask MoneyPlanSOS" and answer the poll for this question: You have $10,000 in credit card debt at 10% interest and $15,000 owed on your car at 5% interest. Your fiance' has no debt, $10,000 in savings, and expects to get a $2,000 bonus next month. Where should the $10,000 in savings go? On Holla From The Impala: A Bad Good Investment And Art Milbert tells a story about Discouragement. For more information, visit the show notes at https://moneyplansos.com/016-mpsos-engaged-couples/ 57f66f0396ee29d76b101e6624b68da6 https://moneyplansos.com/016-mpsos-engaged-couples/ Sun, 08 May 2011 04:05:25 +0000 1181 no full Real Life Case Study with Matt and Janelle Wegner Real Life Case Study with Matt and Janelle Wegner 15 Steve Stewart #15: In our Real Life Case Study we are joined by Matt and Janelle Wegner, a married couple with their own podcast called Living In Financial Excellence (LIFE). For more information, visit the show notes at https://moneyplansos.com/015-mpsos/ #15: In our Real Life Case Study we are joined by Matt and Janelle Wegner, a married couple with their own podcast called Living In Financial Excellence (LIFE). For more information, visit the show notes at https://moneyplansos.com/015-mpsos/ cd37ed862daa7626779f86e22abae430 https://moneyplansos.com/015-mpsos/ Wed, 27 Apr 2011 23:33:09 +0000 2877 no full Become A Coach with Justin Lukasavige Become A Coach with Justin Lukasavige 14 Steve Stewart #14: I am often asked - Steve, how can I become a Dave Ramsey Coach? I'm no expert, but I can direct them to some incredible resources. Two of them come from Justin Lukasavige, Storywriter at CoachRadio.tv and author of Become A Coach. In this interview I ask Justin about who should become a coach, how to make it work as a business, and what are the liabilities in being a Financial Coach. We also discuss the changes in Dave Ramsey's Counselor Training program, which we consider the best around. For more information, visit the show notes at https://moneyplansos.com/014-mpsos-become-a-coach-with-justin-lukasavige/ #14: I am often asked - Steve, how can I become a Dave Ramsey Coach? I'm no expert, but I can direct them to some incredible resources. Two of them come from Justin Lukasavige, Storywriter at CoachRadio.tv and author of Become A Coach. In this interview I ask Justin about who should become a coach, how to make it work as a business, and what are the liabilities in being a Financial Coach. We also discuss the changes in Dave Ramsey's Counselor Training program, which we consider the best around. For more information, visit the show notes at https://moneyplansos.com/014-mpsos-become-a-coach-with-justin-lukasavige/ f54eb19fdb596b7540edb3d400480e14 https://moneyplansos.com/014-mpsos-become-a-coach-with-justin-lukasavige/ Mon, 18 Apr 2011 23:13:22 +0000 3459 no full What is Leverage? And Spending Quarters for Lotto What is Leverage? And Spending Quarters for Lotto 13 Steve Stewart #13: Leverage is a term used in the housing industry, but everday Americans Leverage themselves all the time and don't realize it. For a full list visit https://moneyplansos.com/013-mpsos-leverage-and-quarters-for-lotto/ The music intro is BREAKFAST WITH ZUES by CRESSIDA and it's KICKIN! #13: Leverage is a term used in the housing industry, but everday Americans Leverage themselves all the time and don't realize it. For a full list visit https://moneyplansos.com/013-mpsos-leverage-and-quarters-for-lotto/ The music intro is BREAKFAST WITH ZUES by CRESSIDA and it's KICKIN! 7261ff406e698677fa4c5cb3d1586b58 https://moneyplansos.com/013-mpsos-leverage-and-quarters-for-lotto/ Tue, 12 Apr 2011 11:28:09 +0000 1455 no full Real Life Case Study with Melissa Cappleman Real Life Case Study with Melissa Cappleman 12 Steve Stewart #12: Coach Melissa Cappleman and I discuss the challenges of a single mom who is doing it all by herself with two children in private school but living in overdraft. There are some choices she can make to completely regain control and make a difference for herself, her future, and her children's futures. For more information, visit the show notes at https://moneyplansos.com/012-mpsos-real-life-case-study-with-melissa-cappleman/ #12: Coach Melissa Cappleman and I discuss the challenges of a single mom who is doing it all by herself with two children in private school but living in overdraft. There are some choices she can make to completely regain control and make a difference for herself, her future, and her children's futures. For more information, visit the show notes at https://moneyplansos.com/012-mpsos-real-life-case-study-with-melissa-cappleman/ f47587d819b04d9870338c3300fba80e https://moneyplansos.com/012-mpsos-real-life-case-study-with-melissa-cappleman/ Tue, 29 Mar 2011 13:13:25 +0000 1812 no full I Lost It!!! Also: Justin Bieber Has A Coach? I Lost It!!! Also: Justin Bieber Has A Coach? 11 Steve Stewart #11: Have you ever been totally derailed by something that just threw you off balance? That's what happened to me over the past few weeks. I had to stop, get back up, and start moving forward again. In the first segment, I talk about those weird things that derailed me. Also, updates on a listener's email: Do I tithe on Unemployment? Holla From The Impala: Rapscallion or God's Helper? Finally: Justin Bieber has a coach. Michael Jordan has a coach. Who is your coach? For more information, visit the show notes at https://moneyplansos.com/011-mpsos-i-lost-it-and-justin-bieber-has-a-coach/ #11: Have you ever been totally derailed by something that just threw you off balance? That's what happened to me over the past few weeks. I had to stop, get back up, and start moving forward again. In the first segment, I talk about those weird things that derailed me. Also, updates on a listener's email: Do I tithe on Unemployment? Holla From The Impala: Rapscallion or God's Helper? Finally: Justin Bieber has a coach. Michael Jordan has a coach. Who is your coach? For more information, visit the show notes at https://moneyplansos.com/011-mpsos-i-lost-it-and-justin-bieber-has-a-coach/ 56ad6bb361cd83bcb63235d90d93ec3c https://moneyplansos.com/011-mpsos-i-lost-it-and-justin-bieber-has-a-coach/ Tue, 22 Mar 2011 15:27:46 +0000 2276 no full Should I Tithe While In Debt? Should I Tithe While In Debt? 10 Steve Stewart #10: One of the most common questions I get from Christians is "Should I Tithe while in debt"? This episode discusses that topic in depth. For a full list of notes and resources https://moneyplansos.com/010-mpsos-should-i-tithe-while-in-debt/ #10: One of the most common questions I get from Christians is "Should I Tithe while in debt"? This episode discusses that topic in depth. For a full list of notes and resources https://moneyplansos.com/010-mpsos-should-i-tithe-while-in-debt/ ceddda1419df615623bf80daccf74f93 https://moneyplansos.com/010-mpsos-should-i-tithe-while-in-debt/ Wed, 02 Mar 2011 13:09:00 +0000 1112 no full Real Life Case Study with Gregg Pechmann Real Life Case Study with Gregg Pechmann 9 Steve Stewart #9: We present a real life couple's real life financial challenges and give real life answers to the choices they can make when they feel there is nowhere to turn. In this episode we talk with Gregg Pechmann, America's Financial Freedom Coach at PechmannCoaching.com, who went through 7 SHORT SALES and lived to tell about it. He shares his wisdom in this case where a couple has a high income but also have huge debts and are behind on two trucks and a house. For more information, visit the show notes at https://moneyplansos.com/009-mpsos/ #9: We present a real life couple's real life financial challenges and give real life answers to the choices they can make when they feel there is nowhere to turn. In this episode we talk with Gregg Pechmann, America's Financial Freedom Coach at PechmannCoaching.com, who went through 7 SHORT SALES and lived to tell about it. He shares his wisdom in this case where a couple has a high income but also have huge debts and are behind on two trucks and a house. For more information, visit the show notes at https://moneyplansos.com/009-mpsos/ 9239848c735298ff4eb8b917fdc2f05e https://moneyplansos.com/009-mpsos/ Fri, 18 Feb 2011 14:22:00 +0000 2361 no full How to Prepare for a Job Loss How to Prepare for a Job Loss 8 Steve Stewart #8: Michael TechTalk Kastler was fired just before Christmas. He asked for The First 5 Things You Should Do When You Get Fired. I didn't really answer his question but gave my thoughts on what to do when there is a job change in your future. You can listen to Michael's passion, talking about Technology, at http://TechTalk.WRLR.FM Also: Holla From The Impala - A Gallon Of Gas And finally: How did we get into so much debt? For more information, visit the show notes at https://moneyplansos.com/008-mpsos-preparing-for-a-job-loss/ #8: Michael TechTalk Kastler was fired just before Christmas. He asked for The First 5 Things You Should Do When You Get Fired. I didn't really answer his question but gave my thoughts on what to do when there is a job change in your future. You can listen to Michael's passion, talking about Technology, at http://TechTalk.WRLR.FM Also: Holla From The Impala - A Gallon Of Gas And finally: How did we get into so much debt? For more information, visit the show notes at https://moneyplansos.com/008-mpsos-preparing-for-a-job-loss/ ab38aee5c07ed973c7a0f554da889599 https://moneyplansos.com/008-mpsos-preparing-for-a-job-loss/ Tue, 15 Feb 2011 16:41:30 +0000 1312 no full We're Not Talking "Bonds": Episode 007 We're Not Talking "Bonds": Episode 007 7 Steve Stewart A podcast James Bond would be proud of. Well, not actually. In today's show: 7 tools and tricks to keep you maintain control of your money and not get TRAPPED by marketing and consumerism! For a full list of resources and notes, go to https://moneyplansos.com/007-were-not-talking-bonds/ A podcast James Bond would be proud of. Well, not actually. In today's show: 7 tools and tricks to keep you maintain control of your money and not get TRAPPED by marketing and consumerism! For a full list of resources and notes, go to https://moneyplansos.com/007-were-not-talking-bonds/ 34ed472e7e604a21471cb2ab38802c1b https://moneyplansos.com/007-were-not-talking-bonds/ Mon, 07 Feb 2011 21:35:00 +0000 1548 no full A Real Life Case Study with Josh Levitt A Real Life Case Study with Josh Levitt 6 Steve Stewart #6: Dave Ramsey Trained Financial Coach, Josh Levitt, joins me in this Real Life Case Study. We talk about why married couples share checking accounts, how they can use the envelope system, and does it make sense to sell the house to get out of debt? For more information, visit the show notes at https://moneyplansos.com/006-mpsos-real-life-case-study-with-josh-levitt/ #6: Dave Ramsey Trained Financial Coach, Josh Levitt, joins me in this Real Life Case Study. We talk about why married couples share checking accounts, how they can use the envelope system, and does it make sense to sell the house to get out of debt? For more information, visit the show notes at https://moneyplansos.com/006-mpsos-real-life-case-study-with-josh-levitt/ ba396c62fb91253f29685cdf14e29e10 https://moneyplansos.com/006-mpsos-real-life-case-study-with-josh-levitt/ Wed, 26 Jan 2011 18:00:00 +0000 1842 no full Steve Stewart's Absolute Simplest Budget That Works Steve Stewart's Absolute Simplest Budget That Works 5 Steve Stewart #5: I've boiled the process down to the simplest elements and have come up with a signature process that will Show how far your money can truly go Foster communication between you and your partner/spouse Expose your true priorities – to yourself! For more information, visit the show notes at https://moneyplansos.com/005-mpsos-the-absolute-simplest-budget-that-works/ #5: I've boiled the process down to the simplest elements and have come up with a signature process that will Show how far your money can truly go Foster communication between you and your partner/spouse Expose your true priorities – to yourself! For more information, visit the show notes at https://moneyplansos.com/005-mpsos-the-absolute-simplest-budget-that-works/ 745d41f1d92c943259cba4767eeb26d7 https://moneyplansos.com/005-mpsos-the-absolute-simplest-budget-that-works/ Wed, 19 Jan 2011 04:30:00 +0000 1792 no full 5 Things To Do If You Are Falling Behind 5 Things To Do If You Are Falling Behind 4 Steve Stewart #4: There are 5 things that need to be in place before paying off debt and saving for the future: Get on the same page with your spouse or accountability partner Commit to never borrow money again. No more debt Prepare a written budget or spending plan TEMPORARILY stop saving money Get CURRENT on the necessities and bills/payments For more information, visit the show notes at https://moneyplansos.com/004-mpsos-if-you-are-falling-behind/ #4: There are 5 things that need to be in place before paying off debt and saving for the future: Get on the same page with your spouse or accountability partner Commit to never borrow money again. No more debt Prepare a written budget or spending plan TEMPORARILY stop saving money Get CURRENT on the necessities and bills/payments For more information, visit the show notes at https://moneyplansos.com/004-mpsos-if-you-are-falling-behind/ 05076f088aa787a46c2e2d7a0011a70d https://moneyplansos.com/004-mpsos-if-you-are-falling-behind/ Sat, 08 Jan 2011 18:00:00 +0000 1647 no full Three things that help make you rich Three things that help make you rich 2 Steve Stewart #2: There are three things anyone can do that will help lead them onto a path of financial freedom and become rich. Also, Holla From The Impala: I'm Spoiled!!! ... and The Black Pebble story. For more information, visit the show notes at https://moneyplansos.com/002-mpsos-three-things-that-help-make-you-rich/ #2: There are three things anyone can do that will help lead them onto a path of financial freedom and become rich. Also, Holla From The Impala: I'm Spoiled!!! ... and The Black Pebble story. For more information, visit the show notes at https://moneyplansos.com/002-mpsos-three-things-that-help-make-you-rich/ 7f5e82cbca7bde10a88319477d4f1ba2 https://moneyplansos.com/002-mpsos-three-things-that-help-make-you-rich/ Tue, 07 Dec 2010 13:47:00 +0000 933 no full Episode 1: Welcome to the MoneyPlan SOS podcast Episode 1: Welcome to the MoneyPlan SOS podcast 1 Steve Stewart #1: Welcome to the Money Plan SOS podcast, where everyday Americans learn how to PAY ATTENTION, NOT INTEREST! My name is Steve Stewart. I'm a Dave Ramsey Trained Counselor and I HATE YOUR DEBT MORE THAN YOU. I believe everyone should be rich so they can help others in times of need. Life is too short to be this broke! Let's work together on designing a plan for your house of financial freedom. I'm here to help answer your call for help (S.O.S.) with a MoneyPlan. For more information, visit the show notes at https://moneyplansos.com/welcome-to-moneyplan-sos/ #1: Welcome to the Money Plan SOS podcast, where everyday Americans learn how to PAY ATTENTION, NOT INTEREST! My name is Steve Stewart. I'm a Dave Ramsey Trained Counselor and I HATE YOUR DEBT MORE THAN YOU. I believe everyone should be rich so they can help others in times of need. Life is too short to be this broke! Let's work together on designing a plan for your house of financial freedom. I'm here to help answer your call for help (S.O.S.) with a MoneyPlan. For more information, visit the show notes at https://moneyplansos.com/welcome-to-moneyplan-sos/ 053fdb6de6ea2910041e2e4f5a9ec2e8 https://moneyplansos.com/welcome-to-moneyplan-sos/ Tue, 23 Nov 2010 15:42:00 +0000 582 no trailer Welcome to the Money Plan SOS Podcast Welcome to the Money Plan SOS Podcast Steve Stewart A show for the average Amercian who wants to pay attention, not interest. A show for the average Amercian who wants to pay attention, not interest. dd325bc9-ee87-4f61-af3f-03429135e55a https://moneyplansos.libsyn.com/welcome-to-the-money-plan-sos-podcast Tue, 23 Nov 2010 06:00:00 +0000 56 no