Personal Profitability Podcast https://personalprofitability.com/personalprofitabilitypodcast/ The Personal Profitability Podcast helps listeners fix up their finances and grow their income. Learn to side hustle, build a business, invest, budget, and grow your wealth in this show for entrepreneurs and anyone excited about their money. Tue, 20 Jul 2021 15:58:13 +0000 en-US hourly 1 https://i2.wp.com/personalprofitability.com/wp-content/uploads/2021/04/cropped-Personal-Profitability-Favicon.jpeg?fit=32%2C32&ssl=1 Personal Profitability Podcast https://personalprofitability.com/personalprofitabilitypodcast/ 32 32 Welcome to the <a href="http://personalprofitabilitypodcast.com/">Personal Profitability Podcast</a>! It's all about earning more, spending thoughtfully, growing your wealth, and living a better life through mindful personal finance.<br /> <br /> I strongly believe that everyone can benefit through these ideas, and I implement them in my life every single day. Join me for a new episode every Tuesday as we answer listener, interview successful entrepreneurs and personal finance experts, and help you on your path to Personal Profitability!<br /> <br /> Most interviews are focused on helping you earn more money. I am a six-figure freelancer earning over $10,000 per month, but it all started as a side hustle while I held a day job in corporate America. On nights and weekends I built my blog from an occasional $10 payout into a six-figure freelancing business. I now work from home a few minutes from the beach in Southern California, or wherever else I want. If you want to learn to do the same, hit that subscribe button and join me! Eric Rosenberg - Personal Finance and Entrepreneurship Expert clean episodic Eric Rosenberg - Personal Finance and Entrepreneurship Expert eric@3.136.100.179 eric@3.136.100.179 (Eric Rosenberg - Personal Finance and Entrepreneurship Expert) Earn More, Spend Thoughtfully, Growth Your Wealth, and Live a Better Life Through Mindful Personal Finance Personal Profitability Podcast https://personalprofitability.com/wp-content/uploads/powerpress/Personal_Profitability_Podcast_Logo.png https://personalprofitability.com/personalprofitabilitypodcast/ TV-PG Ventura, CA, USA Ventura, CA, USA Weekly Support This Podcast on Patreon Support This Podcast on Patreon 82655629 PPP 130: Harlan Landes on The Plutus Foundation https://personalprofitability.com/episode130/ Wed, 05 Dec 2018 13:00:07 +0000 http://3.136.100.179/?p=37270 https://personalprofitability.com/episode130/#comments https://personalprofitability.com/episode130/feed/ 4 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Hey everyone, this week we're welcoming back Harlan Landes from The Plutus Foundation! If you missed Harlan's last visit here, make sure to check out our previous podcast together, recorded live at FinCon. But today, we're here to talk about The Plutus Foundation. Tune in to the podcast to learn how they're helping people get […]</p> The post <a href="https://personalprofitability.com/episode130/">PPP 130: Harlan Landes on The Plutus Foundation</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Hey everyone, this week we're welcoming back Harlan Landes from The Plutus Foundation! If you missed Harlan's last visit here, make sure to check out our previous podcast together, recorded live at FinCon. But today, we're here to talk about The Plutus Foundation. Tune in to the podcast to learn how they're helping people get better with their finances, and how you can help too!

What We’re Chatting About This Week

The Plutus Awards started out as the FinCon industry awards among the finance blogging community. It's kind of like the Academy Awards of finance blogging. Just to toot my own horn for a moment, I was nominated twice for The Plutus Award for Best Freelancer/Contributor of the year!

The Plutus Foundation has grown into a great non-profit that does a lot of projects and fundings around the country. Harlan has been writing about personal finance and financial literacy for over a decade and started The Plutus Foundation just a few years ago.

Many years ago, Harlan worked for a non-profit 80 hours a week and wasn't even getting paid enough to afford rent and his bills. After losing his housing, his job, and his girlfriend, he needed to figure out a way to get back on track. In the process, he started a personal finance blog called Consumerism Commentary to talk about his money issues. He used the blog to share financial knowledge and to track his own net worth to hold himself accountable. Helping people with their money issues is now the focus of his Plutus Foundation.

The Plutus Foundation

The Plutus Foundation is a way to reach out to finance bloggers and podcasters who have projects that they want to work on. If a blogger wants to go into their community and work with people to spread the word on financial literacy, we try to help them out.

Our first grant went to Eva Baker, who has a website called Teens Got Cents. She is passionate about helping other teens learn about personal finance and works closely with students in her program as they progress. Getting started early with financial education is so important, and that's why The Plutus Foundation is supporting Eva in her efforts.

Another project The Plutus Foundation supports is Amanda Grossman's Mt. Everest Money Simulation, which is a great interactive way to teach budgeting and money management. We also sponsor events like Heroes At Home, which is an event for military members to help them learn how to manage their money, pay off debt, and build savings.

How You Can Help The Plutus Foundation

If you'd like to contribute, The Plutus Foundation has a campaign they're running until the end of the year. They have plenty of grants and programs in store, including Plutus Voices which will be unrolling in 2019. We'll be hearing from voices we don't normally hear from in personal finance, and cover topics we don't normally talk about. They need your support in order to make those things happen, and they are hoping to raise $10,000 by the end of the year. The Plutus Foundation's direct beneficiaries are finance bloggers and podcasters, so your contributions will help them spread financial literacy even further.

To donate, head to The Plutus Foundation to learn more about Giving Tuesday and to contribute whatever you are comfortable with. This is a non-profit that is near and dear to my heart, so if you have learned anything valuable from listening to this podcast, I hope you will pay it forward and consider a contribution!

This Week's Guest

Harlan Landes founded Consumerism Commentary, the first “personal finance blog,” in 2003 to track his progress with money anonymously. The website grew into a business that Harlan sold in 2011. He continues to consult for the financial media.

The Plutus Awards recognize the best in independent financial media and advocates for independent media.

The mission of the Plutus Foundation, a 501(c)3 nonprofit organization, is to provide opportunities for the financial media to create, develop, and administer community-based programs that enhance financial literacy, education, and empowerment.

Social Media

Other Resources Mentioned

The post PPP 130: Harlan Landes on The Plutus Foundation appeared first on Personal Profitability.]]>
Hey everyone, this week we're welcoming back Harlan Landes from The Plutus Foundation! If you missed Harlan's last visit here, make sure to check out our previous podcast together, recorded live at FinCon. But today, our previous podcast together, recorded live at FinCon. But today, we're here to talk about The Plutus Foundation. Tune in to the podcast to learn how they're helping people get better with their finances, and how you can help too!

What We’re Chatting About This Week
The Plutus Awards started out as the FinCon industry awards among the finance blogging community. It's kind of like the Academy Awards of finance blogging. Just to toot my own horn for a moment, I was nominated twice for The Plutus Award for Best Freelancer/Contributor of the year!
The Plutus Foundation has grown into a great non-profit that does a lot of projects and fundings around the country. Harlan has been writing about personal finance and financial literacy for over a decade and started The Plutus Foundation just a few years ago.
Many years ago, Harlan worked for a non-profit 80 hours a week and wasn't even getting paid enough to afford rent and his bills. After losing his housing, his job, and his girlfriend, he needed to figure out a way to get back on track. In the process, he started a personal finance blog called Consumerism Commentary to talk about his money issues. He used the blog to share financial knowledge and to track his own net worth to hold himself accountable. Helping people with their money issues is now the focus of his Plutus Foundation.
The Plutus Foundation
The Plutus Foundation is a way to reach out to finance bloggers and podcasters who have projects that they want to work on. If a blogger wants to go into their community and work with people to spread the word on financial literacy, we try to help them out.
Our first grant went to Eva Baker, who has a website called Teens Got Cents. She is passionate about helping other teens learn about personal finance and works closely with students in her program as they progress. Getting started early with financial education is so important, and that's why The Plutus Foundation is supporting Eva in her efforts.
Another project The Plutus Foundation supports is Amanda Grossman's Mt. Everest Money Simulation, which is a great interactive way to teach budgeting and money management. We also sponsor events like Heroes At Home, which is an event for military members to help them learn how to manage their money, pay off debt, and build savings.
How You Can Help The Plutus Foundation
If you'd like to contribute, The Plutus Foundation has a campaign they're running until the end of the year. They have plenty of grants and programs in store, including Plutus Voices which will be unrolling in 2019. We'll be hearing from voices we don't normally hear from in personal finance, and cover topics we don't normally talk about. They need your support in order to make those things happen, and they are hoping to raise $10,000 by the end of the year. The Plutus Foundation's direct beneficiaries are finance bloggers and podcasters, so your contributions will help them spread financial literacy even further.
To donate, head to The Plutus Foundation to learn more about Giving Tuesday and to contribute whatever you are comfortable with. This is a non-profit that is near and dear to my heart, so if you have learned anything valuable from listening to this podcast, I hope you will pay it forward and consider a contribution!
]]>
Eric Rosenberg - Personal Finance and Entrepreneurship Expert clean 25:15 37270
PPP129: How We Structure Our Masterminds With Sean Merron https://personalprofitability.com/episode129/ Wed, 28 Nov 2018 13:00:52 +0000 http://3.136.100.179/?p=37245 https://personalprofitability.com/episode129/#respond https://personalprofitability.com/episode129/feed/ 0 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Hey profiteers! This week Sean Merron is back for his last episode of the month. We're diving into mastermind groups and we'll talk about our history with them. Masterminds have been a huge part of my online success and why I'm able to make six-figures while working from home. Listen to this episode to find […]</p> The post <a href="https://personalprofitability.com/episode129/">PPP129: How We Structure Our Masterminds With Sean Merron</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Hey profiteers! This week Sean Merron is back for his last episode of the month. We're diving into mastermind groups and we'll talk about our history with them. Masterminds have been a huge part of my online success and why I'm able to make six-figures while working from home. Listen to this episode to find out how Sean and I structure our mastermind groups, it's full of great tips!

What We’re Chatting About This Week

Today, Sean and I are going to talk about our own mastermind groups. I’ve been in masterminds for about 8 years now, and Sean has been in mastermind groups for quite a while himself. 

Sean is in a mastermind group of software engineers. He met other software developers who had a passion for entrepreneurship, and they formed a mastermind group to help with both business and personal development.  

The second group Sean is in is a personal finance content creators’ group, with members he met at FinCon. It’s a great way to network and develop relationships with other personal finance bloggers, Podcasters, and YouTubers.

I also have three mastermind stories to share. The first one goes back to the first FinCon I ever attended. A guy named Jeff Freeworth came up to me, asked if I wanted to start a mastermind group, and we became the best of friends. We started a mastermind with Shane Ede from Beating Broke, and it lasted for quite a few years. Phil Taylor (founder of FinCon) was even part of our group for a while, as well as other FinCon members.

Another mastermind group I’m part of consists of online dad entrepreneurs. Our main topic is business but we also talk about personal issues, mental health, kids…pretty much everything!

The latest mastermind started about a month before the most recent FinCon, so only about a few months now. We help each other address business problems, it’s similar to the first mastermind I was in.

How We Structure Our Mastermind Groups

Sean structures his mastermind groups in a few different ways. In his software developer group, they do a “round robin” in which all three members get to speak every meeting. Each person gets 30 minutes to discuss their business and personal wins, what they are currently working on, and then a problem they need help with. We all leave the meeting with accountability goals we hope to achieve. 

Sean’s other mastermind consists of 12 people, so doing a round robin is difficult. To make it beneficial for everyone, they always have 2 people in the hot seat for 30 minutes each and rotate for the next meeting. Each hot seat member is asked to share a tool or tip, whether they met their accountability goal or not, and what problems they are currently dealing with.

For both of my current mastermind groups, we use a hot seat format. One person gets the hot seat for the entire hour, and we rotate each meeting. After we finish a whole rotation, we’ll do a quarterly goals update call. 

We use a format in which every person needs to complete an outline before their hot seat. The other members will read the outline beforehand so we know what will be discussed. There’s a section to write down what you need help with, and a section to put some information about the situation. 

During the call, group members can ask questions to clarify the situation, and we’ll have a “gut reaction” period where each member gets two minutes to give the hot seat member their solution to the problem. After everyone responds, we will have a “synthesis” period where we have an open discussion and talk about what we will do by the next meeting. This format works great because it keeps everyone focused and gives us a lot of value.

It’s very important in these mastermind meetings to be respectful of other people’s time and to make sure we are both giving value and getting value. It’s also important to make sure you participate instead of just sitting back and letting other members take responsibility. A great idea is to rotate moderators every meeting, that way everyone can take part in the responsibility and make sure the meeting runs smoothly. 

Sean believes a mastermind group is the number one networking tool, and there’s no reason you can’t be part of one either. So head to Mastermind Hunt and find one, or create your own!

P.S. Don’t forget, you can get your first month of Mastermind Hunt for free with code “profits”!

This Week's Guest

I'm the author of The Early Retirement Roadmap, creator of FIREAgeCalc.com and co-host of The 2 Frugal Dudes Podcast. Once I discovered that I could access my long-term retirement accounts without a penalty before the age of 60 to retire early using my family's middle-class income, I never looked back. There are so many people that still don't know this is possible so I'm paying it forward, sharing my past mistakes and priceless knowledge I've gained over the years from my finance research and college education to help more people retire early.

I specifically chose not to become a certified financial advisor so that there would be no special interest to sell you products I'd get a commission on that don't put your best interest first. I call myself a “self-insurance” broker, teaching people how to save and invest their money to tackle any situation with the power of savings. I finally found my purpose and want to help you reach yours through financial freedom.

My family had $80,000 in consumer debt that we were able to pay off in just over one year and now compound interest makes us tens of thousands of dollars per year in passive income. We were living the typical American dream we're supposed to live before we broke out of the mold and took our time back.

Social Media

Other Resources Mentioned

The post PPP129: How We Structure Our Masterminds With Sean Merron appeared first on Personal Profitability.]]>
Hey profiteers! This week Sean Merron is back for his last episode of the month. We're diving into mastermind groups and we'll talk about our history with them. Masterminds have been a huge part of my online success and why I'm able to make six-figures...
What We’re Chatting About This Week
Today, Sean and I are going to talk about our own mastermind groups. I’ve been in masterminds for about 8 years now, and Sean has been in mastermind groups for quite a while himself. 
Sean is in a mastermind group of software engineers. He met other software developers who had a passion for entrepreneurship, and they formed a mastermind group to help with both business and personal development.  
The second group Sean is in is a personal finance content creators’ group, with members he met at FinCon. It’s a great way to network and develop relationships with other personal finance bloggers, Podcasters, and YouTubers.
I also have three mastermind stories to share. The first one goes back to the first FinCon I ever attended. A guy named Jeff Freeworth came up to me, asked if I wanted to start a mastermind group, and we became the best of friends. We started a mastermind with Shane Ede from Beating Broke, and it lasted for quite a few years. Phil Taylor (founder of FinCon) was even part of our group for a while, as well as other FinCon members.
Another mastermind group I’m part of consists of online dad entrepreneurs. Our main topic is business but we also talk about personal issues, mental health, kids…pretty much everything!
The latest mastermind started about a month before the most recent FinCon, so only about a few months now. We help each other address business problems, it’s similar to the first mastermind I was in.
How We Structure Our Mastermind Groups
Sean structures his mastermind groups in a few different ways. In his software developer group, they do a “round robin” in which all three members get to speak every meeting. Each person gets 30 minutes to discuss their business and personal wins, what they are currently working on, and then a problem they need help with. We all leave the meeting with accountability goals we hope to achieve. 
Sean’s other mastermind consists of 12 people, so doing a round robin is difficult. To make it beneficial for everyone, they always have 2 people in the hot seat for 30 minutes each and rotate for the next meeting. Each hot seat member is asked to share a tool or tip, whether they met their accountability goal or not, and what problems they are currently dealing with.
For both of my current mastermind groups, we use a hot seat format. One person gets the hot seat for the entire hour, and we rotate each meeting. After we finish a whole rotation, we’ll do a quarterly goals update call. 
We use a format in which every person needs to complete an outline before their hot seat. The other members will read the outline beforehand so we know what will be discussed. There’s a section to write down what you need help with, and a section to put some information about the situation. 
During the call, group members can ask questions to clarify the situation, and we’ll have a “gut reaction” period where each member gets two minutes to give the hot seat member their solution to the problem. After everyone responds, we will have a “synthesis” period where we have an open discussion and talk about what we will do by the next meeting. This format works great because it keeps everyone focused and gives us a lot of value.
It’s very important in these mastermind meetings to be respectful of other people’s time and to make sure we are both giving value and getting value. It’s also important to make sure you participate instead of just sitting back and letting other members take responsibility.]]>
Eric Rosenberg - Personal Finance and Entrepreneurship Expert clean 18:12 37245
PPP128: 3 Steps to Get Started on Your FIRE Plan https://personalprofitability.com/episode128/ Wed, 21 Nov 2018 13:00:04 +0000 http://3.136.100.179/?p=37199 https://personalprofitability.com/episode128/#respond https://personalprofitability.com/episode128/feed/ 0 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Hey profiteers, in this episode we're back for week 3 with my Mastermind Hunt co-founder, Sean Merron. Today we’re here to talk about FIRE, or financial independence and retiring early. We touched upon this two weeks ago, so if you haven’t checked out that episode, go ahead and listen to that first. We'll talk about […]</p> The post <a href="https://personalprofitability.com/episode128/">PPP128: 3 Steps to Get Started on Your FIRE Plan</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Hey profiteers, in this episode we're back for week 3 with my Mastermind Hunt co-founder, Sean Merron. Today we’re here to talk about FIRE, or financial independence and retiring early. We touched upon this two weeks ago, so if you haven’t checked out that episode, go ahead and listen to that first. We'll talk about what you can do to cut your expenses and grow your income, so you can retire in your 40s or even 30s!

What We’re Chatting About This Week

FIRE is a huge movement with a lot of people involved, including Sean. He’s on track for FIRE in his 30s, and today we’re going to pick his brain and get some of his expertise on the matter. Let’s dive into his 3 tips to help you get on track with your own FIRE plan!

Understand Your Expenses

It’s important to know where you are today in order to make improvements for the future. Even more important is accepting where you are today. You have to get over that fear of pulling up your credit card account and seeing how much you owe. So go ahead and pull up all of your accounts, run a free credit report, and understand where your money is going.

Sean uses Mint, which is a free tool you can use to monitor all your accounts and transactions in one place. He categorizes all of his transactions into different budget categories. This will give you a better sense of where your money is going. From here, you can set a budget for each category. Also, check out my guide on how to build your own personal balance sheet to help you track your money.

Get Your Mind Right and Know Your End Goal

Make sure you keep your goal in mind and don’t let yourself get distracted. Also, figure out what your early retirement roadmap looks like. What are you going to do when you retire? Why do you want to retire early? How much money do you need? What will you do with your money? Ask yourself those questions. Once you have your end goal, you can just fill in the steps to get there.

Controlling your emotions is another key part to getting your mind right. For example, if the stock market isn't doing too well, don't let it get the best of your emotions. Accept the situation and come up with a plan to move forward.

Accelerating to Pace to Early Retirement

If you are on pace to retire at 65, but you want to retire much sooner, there are a couple things you need to consider. First, you need to consider expenses- how much you will need to retire. Then you have your income- consider how much you can increase your savings towards retirement.

On the expense side, cutting back on your housing costs is a big way to save. Cutting back on utilities and eating out are also great ideas. Since you can only cut back your expenses so much, earning more is a faster way to accelerate your retirement plans.

It's very possible to retire early with your 401K or Roth IRA savings if you are an employee. But if you are a self-employed business owner, that's a faster way to retire. Think outside the box, come up with a side hustle to earn more on the side!

Side note: If you're interested in early retirement, check out this great post by Jeremy Biberdorf of Modest Money. He shares how to use a conversion ladder technique in order to gain access to your retirement funds before age 59 ½ without penalty!

This Week's Guest

I'm the author of The Early Retirement Roadmap, creator of FIREAgeCalc.com and co-host of The 2 Frugal Dudes Podcast. Once I discovered that I could access my long-term retirement accounts without a penalty before the age of 60 to retire early using my family's middle-class income, I never looked back. There are so many people that still don't know this is possible so I'm paying it forward, sharing my past mistakes and priceless knowledge I've gained over the years from my finance research and college education to help more people retire early.

I specifically chose not to become a certified financial advisor so that there would be no special interest to sell you products I'd get a commission on that don't put your best interest first. I call myself a “self-insurance” broker, teaching people how to save and invest their money to tackle any situation with the power of savings. I finally found my purpose and want to help you reach yours through financial freedom.

My family had $80,000 in consumer debt that we were able to pay off in just over one year and now compound interest makes us tens of thousands of dollars per year in passive income. We were living the typical American dream we're supposed to live before we broke out of the mold and took our time back.

Social Media

Other Resources Mentioned

The post PPP128: 3 Steps to Get Started on Your FIRE Plan appeared first on Personal Profitability.]]>
Hey profiteers, in this episode we're back for week 3 with my Mastermind Hunt co-founder, Sean Merron. Today we’re here to talk about FIRE, or financial independence and retiring early. We touched upon this two weeks ago, that episode, go ahead and listen to that first. We'll talk about what you can do to cut your expenses and grow your income, so you can retire in your 40s or even 30s!

What We’re Chatting About This Week
FIRE is a huge movement with a lot of people involved, including Sean. He’s on track for FIRE in his 30s, and today we’re going to pick his brain and get some of his expertise on the matter. Let’s dive into his 3 tips to help you get on track with your own FIRE plan!
Understand Your Expenses
It’s important to know where you are today in order to make improvements for the future. Even more important is accepting where you are today. You have to get over that fear of pulling up your credit card account and seeing how much you owe. So go ahead and pull up all of your accounts, run a free credit report, and understand where your money is going.
Sean uses Mint, which is a free tool you can use to monitor all your accounts and transactions in one place. He categorizes all of his transactions into different budget categories. This will give you a better sense of where your money is going. From here, you can set a budget for each category. Also, check out my guide on how to build your own personal balance sheet to help you track your money.
Get Your Mind Right and Know Your End Goal
Make sure you keep your goal in mind and don’t let yourself get distracted. Also, figure out what your early retirement roadmap looks like. What are you going to do when you retire? Why do you want to retire early? How much money do you need? What will you do with your money? Ask yourself those questions. Once you have your end goal, you can just fill in the steps to get there.
Controlling your emotions is another key part to getting your mind right. For example, if the stock market isn't doing too well, don't let it get the best of your emotions. Accept the situation and come up with a plan to move forward.
Accelerating to Pace to Early Retirement
If you are on pace to retire at 65, but you want to retire much sooner, there are a couple things you need to consider. First, you need to consider expenses- how much you will need to retire. Then you have your income- consider how much you can increase your savings towards retirement.
On the expense side, cutting back on your housing costs is a big way to save. Cutting back on utilities and eating out are also great ideas. Since you can only cut back your expenses so much, earning more is a faster way to accelerate your retirement plans.
It's very possible to retire early with your 401K or Roth IRA savings if you are an employee. But if you are a self-employed business owner, that's a faster way to retire. Think outside the box, come up with a side hustle to earn more on the side!
Side note: If you're interested in early retirement, check out this great post by Jeremy Biberdorf of Modest Money. He shares how to use a conversion ladder technique in order to gain access to your retirement funds before age 59 ½ without penalty!
This Week's Guest
I'm the author of The Early Retirement Roadmap, creator of clean 21:51 37199
PPP127: 5 Ways Mastermind Groups Can Help Your Money https://personalprofitability.com/episode127/ Wed, 14 Nov 2018 13:00:32 +0000 http://3.136.100.179/?p=37190 https://personalprofitability.com/episode127/#respond https://personalprofitability.com/episode127/feed/ 0 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Hey profiteers, today we're back with Sean Merron, co-founder of Mastermind Hunt. That's the app we co-founded together to help people find mastermind groups to join. If you missed last week's episode with Sean, make sure you go back and listen to that first. Then come back here to listen to this week's podcast! This podcast […]</p> The post <a href="https://personalprofitability.com/episode127/">PPP127: 5 Ways Mastermind Groups Can Help Your Money</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Hey profiteers, today we're back with Sean Merron, co-founder of Mastermind Hunt. That's the app we co-founded together to help people find mastermind groups to join. If you missed last week's episode with Sean, make sure you go back and listen to that first. Then come back here to listen to this week's podcast! This podcast will be particularly helpful for entrepreneurs and side hustlers, but you'll still benefit if you're not. If you just want a team to help you get inspired, give you fresh ideas about money, and hold you accountable, mastermind groups are great for that too!

So tune in now for our mastermind tips and get the code for your FREE month of Mastermind Hunt!

What We’re Chatting About This Week

Sean and I are the co-founders of Mastermind Hunt, and we’re chatting about how mastermind groups can help your money. Both of us have had entrepreneurial and personal interactions with mastermind groups, and we’re really excited to get right into it!

Without further ado, here are our top 5 tips!

Someone to Keep You Accountable

Telling your mastermind group members your goals helps keep you accountable. It also keeps you motivated and excited about hitting your goals. If you don’t have anyone to hold you accountable, chances are you’ll keep deferring your goals and end up finishing much later (if at all). 

If you’re writing a book and you tell your mastermind group you’ll finish 2 chapters of your book by the next time you meet, you’ll hear about it from your group members if you don’t hit that goal!

Getting Into Good Habits

It’s important to break bad habits and form good ones. For example, not logging onto Twitter first thing each morning would probably help you reach your goals faster. 

Getting organized and scheduling are other areas many people have a hard time with. If you’re a morning person and have more energy early in the day, don’t waste your time on Twitter first thing in the morning. Start with your most important task first thing in the morning and get that done.    

Another good habit is making a to-do list every morning. Number that list in order of most to least important and make sure you finish the tasks your list. Your mastermind group can give you more suggestions and keep you accountable for continuing these good habits. 

Fresh Ideas for the Problem

If you have a problem you are trying to solve, you can bring it up in your mastermind group. You have your own ideas, but your group members may have different ideas and you might not always agree. But the great thing is all these fresh ideas can lead to an even better solution. 

Go into your mastermind group with an open mind and listen to everyone’s perspective. Some people may have less or more experience in a given niche, but diversity is important. A newbie can offer a simple solution, whereas someone more seasoned may offer a more complex solution. It’s valuable to have these different levels of experience.

Partnerships and Opportunities

Mastermind groups can create business opportunities you might otherwise never encounter. Maybe you’ll meet your next business partner, or maybe you’ll find a six-figure job opportunity in your mastermind group (yes, this all really happened in our groups). 

Another benefit is the opportunity to cross-promote your business, it’s a great way to help each other succeed. Mastermind groups emphasize collaboration, not competition.

Lifestyle Upgrades From Other’s Mistakes

Benefit from other people’s mistakes! If you share your mistakes or failures with your group, everyone can learn from them, and vice versa. If you want to try something new, chances are someone in your group has already done it. They can give you advice to help you avoid their mistakes, but also keep in mind the context of their situation and how it might vary from your own situation.

This Week's Guest

I'm the author of The Early Retirement Roadmap, creator of FIREAgeCalc.com and co-host of The 2 Frugal Dudes Podcast. Once I discovered that I could access my long-term retirement accounts without a penalty before the age of 60 to retire early using my family's middle-class income, I never looked back. There are so many people that still don't know this is possible so I'm paying it forward, sharing my past mistakes and priceless knowledge I've gained over the years from my finance research and college education to help more people retire early.

I specifically chose not to become a certified financial advisor so that there would be no special interest to sell you products I'd get a commission on that don't put your best interest first. I call myself a “self-insurance” broker, teaching people how to save and invest their money to tackle any situation with the power of savings. I finally found my purpose and want to help you reach yours through financial freedom.

My family had $80,000 in consumer debt that we were able to pay off in just over one year and now compound interest makes us tens of thousands of dollars per year in passive income. We were living the typical American dream we're supposed to live before we broke out of the mold and took our time back.

Social Media

Other Resources Mentioned

The post PPP127: 5 Ways Mastermind Groups Can Help Your Money appeared first on Personal Profitability.]]> Hey profiteers, today we're back with Sean Merron, co-founder of Mastermind Hunt. That's the app we co-founded together to help people find mastermind groups to join. If you missed last week's episode with Sean, So tune in now for our mastermind tips and get the code for your FREE month of Mastermind Hunt!

What We’re Chatting About This Week
Sean and I are the co-founders of Mastermind Hunt, and we’re chatting about how mastermind groups can help your money. Both of us have had entrepreneurial and personal interactions with mastermind groups, and we’re really excited to get right into it!
Without further ado, here are our top 5 tips!
Someone to Keep You Accountable
Telling your mastermind group members your goals helps keep you accountable. It also keeps you motivated and excited about hitting your goals. If you don’t have anyone to hold you accountable, chances are you’ll keep deferring your goals and end up finishing much later (if at all). 
If you’re writing a book and you tell your mastermind group you’ll finish 2 chapters of your book by the next time you meet, you’ll hear about it from your group members if you don’t hit that goal!
Getting Into Good Habits
It’s important to break bad habits and form good ones. For example, not logging onto Twitter first thing each morning would probably help you reach your goals faster. 
Getting organized and scheduling are other areas many people have a hard time with. If you’re a morning person and have more energy early in the day, don’t waste your time on Twitter first thing in the morning. Start with your most important task first thing in the morning and get that done.    
Another good habit is making a to-do list every morning. Number that list in order of most to least important and make sure you finish the tasks your list. Your mastermind group can give you more suggestions and keep you accountable for continuing these good habits. 
Fresh Ideas for the Problem
If you have a problem you are trying to solve, you can bring it up in your mastermind group. You have your own ideas, but your group members may have different ideas and you might not always agree. But the great thing is all these fresh ideas can lead to an even better solution. 
Go into your mastermind group with an open mind and listen to everyone’s perspective. Some people may have less or more experience in a given niche, but diversity is important. A newbie can offer a simple solution, whereas someone more seasoned may offer a more complex solution. It’s valuable to have these different levels of experience.
Partnerships and Opportunities
Mastermind groups can create business opportunities you might otherwise never encounter. Maybe you’ll meet your next business partner, or maybe you’ll find a six-figure job opportunity in your mastermind group (yes, this all really happened in our groups). 
Another benefit is the opportunity to cross-promote your business, it’s a great way to help each other succeed. Mastermind groups emphasize collaboration, not competition.
Lifestyle Upgrades From Other’s Mistakes
Benefit from other people’s mistakes! If you share your mistakes or failures with your group, everyone can learn from them, and vice versa. If you want to try something new, chances are someone in your group has already done it. They can give you advice to help you avoid their mistakes, but also keep in mind the context of their situation and how it might vary from your own situation.
This Week's Guest
]]>
Eric Rosenberg - Personal Finance and Entrepreneurship Expert clean 20:41 37190 PPP126: Mastermind Groups and F.I.R.E. With Sean Merron https://personalprofitability.com/episode126/ Wed, 07 Nov 2018 13:00:28 +0000 http://3.136.100.179/?p=37171 https://personalprofitability.com/episode126/#comments https://personalprofitability.com/episode126/feed/ 1 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Please welcome this month's guest, Sean Merron! Sean is not only a friend of mine, but we actually co-founded a company together called Mastermind Hunt. You may have heard me talking about Mastermind Hunt before, which is a platform that connects people together to run mastermind groups. Please check it out, and listen to this […]</p> The post <a href="https://personalprofitability.com/episode126/">PPP126: Mastermind Groups and F.I.R.E. With Sean Merron</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Please welcome this month's guest, Sean Merron! Sean is not only a friend of mine, but we actually co-founded a company together called Mastermind Hunt. You may have heard me talking about Mastermind Hunt before, which is a platform that connects people together to run mastermind groups. Please check it out, and listen to this podcast to get a code for a FREE month of Mastermind Hunt!

Now let's get back to Sean. He's going to be talking to us about masterminds, financial independence, and his plans to retire by 34! We'll find out about all those things in today's Personal Profitability Podcast, so make sure to tune in.

What We’re Chatting About This Week

Sean has been working full-time as a software engineer for the past 15 years. When he discovered the concept of financial indepedence/retire early (FIRE) about 7 years ago, he decided to do everything he could to make that happen, including side hustles to make more money. He also became very passionate about personal finance and started a podcast called 2 Frugal Dudes, as well as his site The Early Retirement Roadmap. He also joined mastermind groups, and one group member convinced him to attend FinCon. We met at FinCon, became friends, and the rest is history!

Mastermind Groups

Mastermind Hunt is something we created together, with Sean and his software development background, and my finance and marketing background. It launched this year at FinCon, a little over a month ago. Sean also started another mastermind group at the first FinCon he attended. He knew from experience that finding other people with similar goals and holding each other accountable for those goals was very beneficial.

He decided that starting a mastermind group with people he met at FinCon was the perfect opportunity to keep in touch and get to know them personally. The connections made in his mastermind group helped him and his fellow group members immensely, and really helped establish himself in the personal finance community.

Personal Finance Philosophy

If you couldn't tell by the name of Sean's podcast and site, 2 Frugal Dudes and The Early Retirement Roadmap, he is all about lean spending and bigger savings. But that wasn't always the case.

Out of high school, Sean got a job doing tech support for a bank and making $40,000 a year. For a 17 year old, that was a sizeable amount of money. With that, came opportunities to spend more money on a fancy new car, a big house, and other luxuries. After a while, Sean and his wife realized that they were oblivious to their finances. Once he discovered the concept of early retirement, he started doing everything he could to make it happen. This included being extremely frugal at first, but they were able to pay off $80,000 in debt! He and his wife are now feeling pretty good where they're at, and are on target for their early retirement.

The Early Retirement Roadmap

When Sean decided to pursue early retirement, he first set up his long term goals, like what type of lifestyle he wanted to have. Then he determined what his expenses were, where he could cut back, and how much he needed to save. As he started accumulating wealth, he then determined his investment plan. He needed to decide what type of funds to invest in, what tax advantages he could have, and his portfolio as a whole. The most important thing is to write down a plan and stick to it. When he shared his plans with others, he was encouraged to turn his knowledge into something. This resulted in his first ebook, The Early Retirement Roadmap!

Next week, we're going to revisit mastermind groups. The week after that, we're going to talk about FIRE and getting started on your path to financial independence and early retirement. Check in next week to hear Sean and I chat about these great topics!

This Week's Guest

I'm the author of The Early Retirement Roadmap, creator of FIREAgeCalc.com and co-host of The 2 Frugal Dudes Podcast. Once I discovered that I could access my long-term retirement accounts without a penalty before the age of 60 to retire early using my family's middle-class income, I never looked back. There are so many people that still don't know this is possible so I'm paying it forward, sharing my past mistakes and priceless knowledge I've gained over the years from my finance reasearch and college education to help more people retire early.

I specifically chose not to become a certified financial advisor so that there would be no special interest to sell you products I'd get a commission on that don't put your best interest first. I call myself a “self-insurance” broker, teaching people how to save and invest their money to tackle any situation with the power of savings. I finally found my purpose and want to help you reach yours through financial freedom.

My family had $80,000 in consumer debt that we were able to pay off in just over one year and now compound interest makes us tens of thousands of dollars per year in passive income. We were living the typical American dream we're supposed to live before we broke out of the mold and took our time back.

Social Media

Other Resources Mentioned

The post PPP126: Mastermind Groups and F.I.R.E. With Sean Merron appeared first on Personal Profitability.]]>
Please welcome this month's guest, Sean Merron! Sean is not only a friend of mine, but we actually co-founded a company together called Mastermind Hunt. You may have heard me talking about Mastermind Hunt before, check it out, and listen to this podcast to get a code for a FREE month of Mastermind Hunt!
Now let's get back to Sean. He's going to be talking to us about masterminds, financial independence, and his plans to retire by 34! We'll find out about all those things in today's Personal Profitability Podcast, so make sure to tune in.

What We’re Chatting About This Week
Sean has been working full-time as a software engineer for the past 15 years. When he discovered the concept of financial indepedence/retire early (FIRE) about 7 years ago, he decided to do everything he could to make that happen, including side hustles to make more money. He also became very passionate about personal finance and started a podcast called 2 Frugal Dudes, as well as his site The Early Retirement Roadmap. He also joined mastermind groups, and one group member convinced him to attend FinCon. We met at FinCon, became friends, and the rest is history!
Mastermind Groups
Mastermind Hunt is something we created together, with Sean and his software development background, and my finance and marketing background. It launched this year at FinCon, a little over a month ago. Sean also started another mastermind group at the first FinCon he attended. He knew from experience that finding other people with similar goals and holding each other accountable for those goals was very beneficial.
He decided that starting a mastermind group with people he met at FinCon was the perfect opportunity to keep in touch and get to know them personally. The connections made in his mastermind group helped him and his fellow group members immensely, and really helped establish himself in the personal finance community.
Personal Finance Philosophy
If you couldn't tell by the name of Sean's podcast and site, 2 Frugal Dudes and The Early Retirement Roadmap, he is all about lean spending and bigger savings. But that wasn't always the case.
Out of high school, Sean got a job doing tech support for a bank and making $40,000 a year. For a 17 year old, that was a sizeable amount of money. With that, came opportunities to spend more money on a fancy new car, a big house, and other luxuries. After a while, Sean and his wife realized that they were oblivious to their finances. Once he discovered the concept of early retirement, he started doing everything he could to make it happen. This included being extremely frugal at first, but they were able to pay off $80,000 in debt! He and his wife are now feeling pretty good where they're at, and are on target for their early retirement.
The Early Retirement Roadmap
When Sean decided to pursue early retirement, he first set up his long term goals, like what type of lifestyle he wanted to have. Then he determined what his expenses were, where he could cut back, and how much he needed to save. As he started accumulating wealth, he then determined his investment plan. He needed to decide what type of funds to invest in, what tax advantages he could have, and his portfolio as a whole. The most important thing is to write down a plan and stick to it. When he shared his plans with others, he was encouraged to turn his knowledge into something. This resulted in his first ebook, The Early Retirement Roadmap!
Next week, we're going to revisit mastermind groups. The week after that, we're going to talk about FIRE and getting started on your path to financial independence and early retirement. Check in next week to hear Sean and I chat about these great topics!
This Week's Guest
]]>
Eric Rosenberg - Personal Finance and Entrepreneurship Expert clean 20:16 37171
PPP125: Breaking Down the September 2018 Income Report https://personalprofitability.com/episode125/ Wed, 31 Oct 2018 12:00:54 +0000 http://3.136.100.179/?p=37140 https://personalprofitability.com/episode125/#comments https://personalprofitability.com/episode125/feed/ 2 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Hey Profiteers, welcome to the September 2018 income report! If you follow the Personal Profitability blog, you probably know that I publish an income report every month. Normally, we post a video to YouTube as well, but this month we're going to do something special and run this as part of the Personal Profitability podcast! […]</p> The post <a href="https://personalprofitability.com/episode125/">PPP125: Breaking Down the September 2018 Income Report</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Hey Profiteers, welcome to the September 2018 income report! If you follow the Personal Profitability blog, you probably know that I publish an income report every month. Normally, we post a video to YouTube as well, but this month we're going to do something special and run this as part of the Personal Profitability podcast!

What We’re Chatting About This Week

This September, I hit my highest income, ever! This includes when I had my day job AND my side hustle. Of course, that side hustle is now my full-time business (mostly online freelancing). Are you ready for this number? The grand total is…$18,128! That's mindblowing!

We're going to dive in further and break down the profits and losses in this income report. If you're watching my YouTube video, I'll show a screenshot of my QuickBooks account. If you want to check out QuickBooks for your accounting needs, please check out my affiliate link to learn more.

Income for September 2018

My affiliate income was $208.70, which includes income from Personal Captial (affiliate link) and an email advertising service.

I also made $50 from a quick consulting call, $3,600 from a live event sponsorship, and $625 in speaking fees from a few talks I did. Finally, the biggest chunk of my income comes from writing- a whopping $13,644! That all adds up to the $18,128 I brought in this month!

Expenses for September 2018

For advertising and promotion, I spend about $7 every month. Credit card payment fees added up to $28, and computer and internet expenses totaled $846.79 (accounting software, subscription services, website hosting, electronics, etc). The web hosting company I recommend and use is Siteground. Next up, I actually got a refund of $189 on a conference fee I prepaid for, but got a refund since I spoke at the conference.

Employee payroll doesn't show up on my regular income reports, but this is what I pay myself every month. This month, I paid myself $2,233.72. I do this because as an S-Corp, if I get a paycheck, I pay both sides of the self-employment tax. Profits I earn above my paycheck are taxed at a lower rate as pass-through income. This saves me money on taxes. For meals and entertainment while away on business I spent about $133, and $207 on outsourced labor. On postage and delivery I spent $13.

Next up, I paid $940 in payroll taxes (I don't include this number in my income reports). Telecom expenses (anything related to internet and cell phone use) added up to about $96. This breaks down into $44.99 for internet and $50.71 for cell phone service. If you want to learn how I saved 50% on my cell phone bill, check out my article about Google Fi here. Travel expenses including Uber, airport parking, and flights totaled $169.

The total for my expenses comes out to $4,483.97. But about half of that amount is my own paycheck. So really my expenses were only about $2,200, $940 of which were taxes.

Total Net Income for September 2018

My net income for September is $13,643.73, a record month for me! I'm thrilled that I've been able to build up my business to this point after just a few years. I never imagined I'd hit that $10,000/month goal, let alone almost double that amount at $18,128.

Going forward, my plan is to continue expanding the public speaking part of my business into the next year. And that's about it! If you have any questions, please feel free to send me an email or sign up for my FREE Personal Profitability Bootcamp to get started on the path to personal profitability!

Social Media

Other Resources Mentioned

The post PPP125: Breaking Down the September 2018 Income Report appeared first on Personal Profitability.]]>
Hey Profiteers, welcome to the September 2018 income report! If you follow the Personal Profitability blog, you probably know that I publish an income report every month. Normally, we post a video to YouTube as well,
What We’re Chatting About This Week
This September, I hit my highest income, ever! This includes when I had my day job AND my side hustle. Of course, that side hustle is now my full-time business (mostly online freelancing). Are you ready for this number? The grand total is…$18,128! That's mindblowing!
We're going to dive in further and break down the profits and losses in this income report. If you're watching my YouTube video, I'll show a screenshot of my QuickBooks account. If you want to check out QuickBooks for your accounting needs, please check out my affiliate link to learn more.
Income for September 2018
My affiliate income was $208.70, which includes income from Personal Captial (affiliate link) and an email advertising service.
I also made $50 from a quick consulting call, $3,600 from a live event sponsorship, and $625 in speaking fees from a few talks I did. Finally, the biggest chunk of my income comes from writing- a whopping $13,644! That all adds up to the $18,128 I brought in this month!
Expenses for September 2018
For advertising and promotion, I spend about $7 every month. Credit card payment fees added up to $28, and computer and internet expenses totaled $846.79 (accounting software, subscription services, website hosting, electronics, etc). The web hosting company I recommend and use is Siteground. Next up, I actually got a refund of $189 on a conference fee I prepaid for, but got a refund since I spoke at the conference.
Employee payroll doesn't show up on my regular income reports, but this is what I pay myself every month. This month, I paid myself $2,233.72. I do this because as an S-Corp, if I get a paycheck, I pay both sides of the self-employment tax. Profits I earn above my paycheck are taxed at a lower rate as pass-through income. This saves me money on taxes. For meals and entertainment while away on business I spent about $133, and $207 on outsourced labor. On postage and delivery I spent $13.
Next up, I paid $940 in payroll taxes (I don't include this number in my income reports). Telecom expenses (anything related to internet and cell phone use) added up to about $96. This breaks down into $44.99 for internet and $50.71 for cell phone service. If you want to learn how I saved 50% on my cell phone bill, check out my article about Google Fi here. Travel expenses including Uber, airport parking, and flights totaled $169.
The total for my expenses comes out to $4,483.97. But about half of that amount is my own paycheck. So really my expenses were only about $2,200, $940 of which were taxes.
Total Net Income for September 2018
My net income for September is $13,643.73, a record month for me! I'm thrilled that I've been able to build up my business to this point after just a few years. I never imagined I'd hit that $10,000/month goal, let alone almost double that amount at $18,128.
Going forward, my plan is to continue expanding the public speaking part of my business into the next year. And that's about it! If you have any questions, please feel free to send me an email or sign up for my FREE Personal Profitab...]]>
Eric Rosenberg - Personal Finance and Entrepreneurship Expert clean 13:19 37140
PPP124: 5 Lessons Learned Becoming a House Flipping Landlord https://personalprofitability.com/episode124/ Wed, 24 Oct 2018 12:00:52 +0000 http://3.136.100.179/?p=37109 https://personalprofitability.com/episode124/#comments https://personalprofitability.com/episode124/feed/ 2 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Today is the final episode with my very good friend, Sandy Smith. We're going to hear about her experience as a house flipper and a landlord…she has some really interesting stories for us! We'll hear about the time she had to kick a tenant out and almost lost the house to the city! If you […]</p> The post <a href="https://personalprofitability.com/episode124/">PPP124: 5 Lessons Learned Becoming a House Flipping Landlord</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Today is the final episode with my very good friend, Sandy Smith. We're going to hear about her experience as a house flipper and a landlord…she has some really interesting stories for us! We'll hear about the time she had to kick a tenant out and almost lost the house to the city! If you are curious about investing in real estate, you won't want to miss today's episode. Sandy's going to drop some real gems of wisdom on us, so tune in now!

What We’re Chatting About This Week

Getting profitable with real estate investing isn't always easy. If you want to get into long-term real estate investing, there is a lot you need to know. Sandy is quite experienced in this area, and she's going to share her 5 lessons learned becoming a house-flipping landlord!

Look For a Good Deal

Don't just get hung up on the location, size, or design of the house. Maybe you're paying a little more, but the house is updated and ready to go. Maybe you're getting a real bargain, but you need to fix it up quite a bit. The bottom line is, make sure the dollars make sense for what you're getting. You also have to negotiate, don't just buy at asking price.

Don't Be Emotional

Don't get fooled by those house flipping shows on HGTV. Also, don't get too attached to any house, especially if you're not the one who will be living in it. Business is business. If you have tenants that are messing around and not paying rent, don't hesistate to kick them out! If you listen to tenants' sob stories, you could end up losing the house if they don't pay rent!

Have the Right Team in Place

Having the wrong team can cost you a lot of time, money, and energy. Sandy once had to fire a contractor that cost her $30,000 and six months' worth of time! She learned first hand how having the right team is super important. No one cares more about your money than you, so if they don't respect you and your money, fire them.

Make Sure You Have Enough Capital

It's easy to underestimate the cost of everything. Whatever you think it's going to cost, add 15-20% to that number. Even double that number just to be safe! So if you think you need $100,000 to fix up that house, have $200,000 on hand just in case something goes wrong.

If you’re interested in using your IRA to invest in real estate, check out Rocketdollar!

Screen, Screen, Screen Your Tenants

The person who is most likely to damage your property is your tenant. That's why screening for the right tenant is extremely important (again, don't involve your emotions!). Sandy once evicted tenants because they were selling meth and crack out of her house. Not only that, but she was told the town had the ability to seize her house because of her tenants selling drugs out of it! This is only one out of many horror stories she has, so learn from her experiences.

This Week's Guest

Hi, I'm Sandy.

Way back when the dinosaurs roamed at the end of 2008, I started paying a little bit more attention to my debt. As the year faded into 2009, the idea to build a website to keep myself accountable to eliminating my debt burst into my mind. I hopped onto Blogger.com and created a blog that I named My Cheapass Blog. I really didn't begin my blog for anyone else to see; it was just a way for me to have the total amount that I owed at my fingertips. Here we are years later and have learned enough to help others with their own debt.

I started this blog with well over $105,665.31 in debt after a failed business and some massive student loans…at least, that's what I said that I owed. In actuality I owed a friend another $5,000 and I would receive a notice in the mail that I owed $10,000 in back taxes and penalties. This blog has been a chronicle of my journey of getting out of it without filing bankruptcy.

My $120,665.31 debt represented everything that I had done wrong. Now, I am here to help YOU get your finances together.

Social Media

Other Resources Mentioned

This post was originally published on October 24, 2018 and updated on March 25, 2021.

The post PPP124: 5 Lessons Learned Becoming a House Flipping Landlord appeared first on Personal Profitability.]]>
Today is the final episode with my very good friend, Sandy Smith. We're going to hear about her experience as a house flipper and a landlord…she has some really interesting stories for us! We'll hear about the time she had to kick a tenant out and almo... Today is the final episode with my very good friend, Sandy Smith. We're going to hear about her experience as a house flipper and a landlord…she has some really interesting stories for us! We'll hear about the time she had to kick a tenant out and almost lost the house to the city! If you are curious about investing in real estate, you won't want to miss today's episode. Sandy's going to drop some real gems of wisdom on us, so tune in now!











What We’re Chatting About This Week



Getting profitable with real estate investing isn't always easy. If you want to get into long-term real estate investing, there is a lot you need to know. Sandy is quite experienced in this area, and she's going to share her 5 lessons learned becoming a house-flipping landlord!



Look For a Good Deal



Don't just get hung up on the location, size, or design of the house. Maybe you're paying a little more, but the house is updated and ready to go. Maybe you're getting a real bargain, but you need to fix it up quite a bit. The bottom line is, make sure the dollars make sense for what you're getting. You also have to negotiate, don't just buy at asking price.



Don't Be Emotional



Don't get fooled by those house flipping shows on HGTV. Also, don't get too attached to any house, especially if you're not the one who will be living in it. Business is business. If you have tenants that are messing around and not paying rent, don't hesistate to kick them out! If you listen to tenants' sob stories, you could end up losing the house if they don't pay rent!



Have the Right Team in Place



Having the wrong team can cost you a lot of time, money, and energy. Sandy once had to fire a contractor that cost her $30,000 and six months' worth of time! She learned first hand how having the right team is super important. No one cares more about your money than you, so if they don't respect you and your money, fire them.



Make Sure You Have Enough Capital



It's easy to underestimate the cost of everything. Whatever you think it's going to cost, add 15-20% to that number. Even double that number just to be safe! So if you think you need $100,000 to fix up that house, have $200,000 on hand just in case something goes wrong.



If you’re interested in using your IRA to invest in real estate, check out Rocketdollar!



Screen, Screen, Screen Your Tenants



The person who is most likely to damage your property is your tenant. That's why screening for the right tenant is extremely important (again, don't involve your emotions!). Sandy once evicted tenants because they were selling meth and crack out of her house. Not only that, but she was told the town had the ability to seize her house because of her tenants selling drugs out of it! This is only one out of many horror stories she has, so learn from her experiences.



This Week's Guest



Hi, I'm Sandy.



Way back when the dinosaurs roamed at the end of 2008, I started paying a little bit more attention to my debt. As the year faded into 2009, the idea to build a website to keep myself accountable to eliminating my debt burst into my mind. I hopped onto Blogger.com and created a blog that I named My Cheapass Blog. I really didn't begin my blog for anyone else to see; it was just a way for me to have the total amount that I owed at my fingertips.]]>
Eric Rosenberg - Personal Finance and Entrepreneurship Expert 21:45 37109
PPP123: 5 Frugal Money Saving Tips to Boost Your Savings https://personalprofitability.com/episode123/ Wed, 17 Oct 2018 12:00:58 +0000 http://3.136.100.179/?p=37091 https://personalprofitability.com/episode123/#comments https://personalprofitability.com/episode123/feed/ 2 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Welcome back for episode 123! This is our third episode with Sandy Smith this month, and we're talking about something near and dear to my heart since I started blogging. Speaking of that, this month is the 10th anniversary of the Personal Profitability blog! On the podcast today, Sandy and I are talking about frugality, […]</p> The post <a href="https://personalprofitability.com/episode123/">PPP123: 5 Frugal Money Saving Tips to Boost Your Savings</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Welcome back for episode 123! This is our third episode with Sandy Smith this month, and we're talking about something near and dear to my heart since I started blogging. Speaking of that, this month is the 10th anniversary of the Personal Profitability blog! On the podcast today, Sandy and I are talking about frugality, something she is quite an expert in. Tune in to get some great tips on how to be frugal and boost your savings!

Next time, Sandy's going to share some funny and interesting stories about her other job as a landlord- check back next week for that! In the meantime, if you like this podcast, please share it with someone who could benefit from better spending and budgeting practices (almost everyone)!

What We’re Chatting About This Week

Sandy and I have both been blogging about frugality, budgeting, and other similar topics for over a decade. Blogging about personal finance eventually led to us finding each other and becoming friends, both online and in person. Between the two of us, we have a lot of valuable personal finance knowledge to share with you. So let's dive in to some money tips!

Stop Spending on Things You Don't Value

This is much more practical advice versus those who tell you to stop spending, period. Focus instead on spending money on things you value and reducing spending elsewhere. If traveling is very important to you but you still have debt to pay off, maybe try going out less on the weekends and save up for one big trip instead.

Look for Budgeting Big Wins

Living expenses can be a big win. Find the cheapest place you can live in, or consider downgrading your current place to a smaller one. Saving on your rent or mortgage can be huge!

Stop Wasting Money on Car Payments

Car payments are also an area you can win in. If you keep your old car after paying it off rather than trading it in every two years, you can save over a million dollars over the next 30-40 years! Remember, it's only a vehicle to get you from point A to point B. And, it will depreciate the moment you buy it!

Live on a College Student Budget

Live at home with your parents, live on a few hundred bucks a month, etc. If you could get by with so little money back then, you can do that now. Even for just one year. Just because you earn more now doesn't mean your lifestyle needs to reflect that. Spend less than you earn, save and invest the rest!

Get Out of Debt So You Don't Have to Pay Interest

You will end up paying SO much more on your debt when you accrue interest. This forces you to keep working more than you want, and taking time away from the things you want to do. The faster you can get out of debt, the faster you can have a baby, get a house, and just live your life!

This Week's Guest

Hi, I'm Sandy.

Way back when the dinosaurs roamed at the end of 2008, I started paying a little bit more attention to my debt. As the year faded into 2009, the idea to build a website to keep myself accountable to eliminating my debt burst into my mind. I hopped onto Blogger.com and created a blog that I named My Cheapass Blog. I really didn't begin my blog for anyone else to see; it was just a way for me to have the total amount that I owed at my fingertips. Here we are years later and have learned enough to help others with their own debt.

I started this blog with well over $105,665.31 in debt after a failed business and some massive student loans…at least, that's what I said that I owed. In actuality I owed a friend another $5,000 and I would receive a notice in the mail that I owed $10,000 in back taxes and penalties. This blog has been a chronicle of my journey of getting out of it without filing bankruptcy.

My $120,665.31 debt represented everything that I had done wrong. Now, I am here to help YOU get your finances together.

Social Media

Other Resources Mentioned

The post PPP123: 5 Frugal Money Saving Tips to Boost Your Savings appeared first on Personal Profitability.]]>
Welcome back for episode 123! This is our third episode with Sandy Smith this month, and we're talking about something near and dear to my heart since I started blogging. Speaking of that, this month is the 10th anniversary of the Personal Profitabilit... Next time, Sandy's going to share some funny and interesting stories about her other job as a landlord- check back next week for that! In the meantime, if you like this podcast, please share it with someone who could benefit from better spending and budgeting practices (almost everyone)!

What We’re Chatting About This Week
Sandy and I have both been blogging about frugality, budgeting, and other similar topics for over a decade. Blogging about personal finance eventually led to us finding each other and becoming friends, both online and in person. Between the two of us, we have a lot of valuable personal finance knowledge to share with you. So let's dive in to some money tips!
Stop Spending on Things You Don't Value
This is much more practical advice versus those who tell you to stop spending, period. Focus instead on spending money on things you value and reducing spending elsewhere. If traveling is very important to you but you still have debt to pay off, maybe try going out less on the weekends and save up for one big trip instead.
Look for Budgeting Big Wins
Living expenses can be a big win. Find the cheapest place you can live in, or consider downgrading your current place to a smaller one. Saving on your rent or mortgage can be huge!
Stop Wasting Money on Car Payments
Car payments are also an area you can win in. If you keep your old car after paying it off rather than trading it in every two years, you can save over a million dollars over the next 30-40 years! Remember, it's only a vehicle to get you from point A to point B. And, it will depreciate the moment you buy it!
Live on a College Student Budget
Live at home with your parents, live on a few hundred bucks a month, etc. If you could get by with so little money back then, you can do that now. Even for just one year. Just because you earn more now doesn't mean your lifestyle needs to reflect that. Spend less than you earn, save and invest the rest!
Get Out of Debt So You Don't Have to Pay Interest
You will end up paying SO much more on your debt when you accrue interest. This forces you to keep working more than you want, and taking time away from the things you want to do. The faster you can get out of debt, the faster you can have a baby, get a house, and just live your life!
This Week's Guest
Hi, I'm Sandy.
Way back when the dinosaurs roamed at the end of 2008, I started paying a little bit more attention to my debt. As the year faded into 2009, the idea to build a website to keep myself accountable to eliminating my debt burst into my mind. I hopped onto Blogger.com and created a blog that I named My Cheapass Blog. I really didn't begin my blog for anyone else to see; it was just a way for me to have the total amount that I owed at my fingertips. Here we are years later and have learned enough to help others with their own debt.
I started this blog with well over $105,665.31 in debt after a failed business and some massive student loans…at least, that's what I said that I owed. In actuality I owed a friend another $5,000 and I would receive a notice in the mail that I owed $10,000 in back taxes and penalties. This blog has been a chronicle of my journey of getting out of it without filing bankruptcy.
My $120,665.31 debt represented everything that I had done wrong. Now, I am here to help YOU get your finances together.
Social Media

* clean 25:57 37091
PPP122: 5 Tips to Build a Profitable Product Business Online https://personalprofitability.com/episode122/ Wed, 10 Oct 2018 12:00:50 +0000 http://3.136.100.179/?p=37056 https://personalprofitability.com/episode122/#respond https://personalprofitability.com/episode122/feed/ 0 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Hey ladies and gents, we're back this week with Sandy Smith to talk about a great way to get profitable…building a product business online! Last week, we caught up with Sandy on what she's been up to since episode 51 (the last time she was here!). She became a parent and transitioned into working for […]</p> The post <a href="https://personalprofitability.com/episode122/">PPP122: 5 Tips to Build a Profitable Product Business Online</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Hey ladies and gents, we're back this week with Sandy Smith to talk about a great way to get profitable…building a product business online! Last week, we caught up with Sandy on what she's been up to since episode 51 (the last time she was here!). She became a parent and transitioned into working for herself online, full-time! One part of her business is selling products online, and she's here to give us some great gems on running this kind of business.

What We’re Chatting About This Week

Sandy Smith is no stranger to online product businesses. She started out with her first product business in college selling Beanie Babies. For those of you old enough to remember, Beanie Babies were the RAGE back in the day. Sandy would frequent a nearby Hallmark after work, buy up the hard-to-find Beanie Babies, and sell them online for a profit.

Sandy's certainly learned a few things about starting a product business since then. Here are her top 5 tips for building a profitable product business online!

Pick the Right Product

Pick a product that appeals to other people, not just yourself. You might think a product is the coolest thing, but make sure at least a few other people think it's cool too. Otherwise you might not be able to sell it.

Check Out Competitors

Market research is very important. You need to find out if your products are overpriced or underpriced. You also need to find out if your product is unpopular and no one is buying, or if it's super popular and there are too many competitors selling the same thing. Don't copy your competitors, but use them as inspiration to come up with something different.

Source Your Product

This depends heavily upon what type of product you have. If you are sourcing a product that is very pro-American (ie political mugs and T-shirts), the last thing you want is something that says “Made in China”. People are paying attention more than ever to where a product is made. There are also many barriers of entry to importing a product from another country. The time difference, language barriers, and low product quality are just some of the potential issues. Try finding a distributor in the U.S. first before you look for a lower acquisition price elsewhere.

Find a Place to Sell It

Generally you want to go where you can get the most eyes on your product. However, big marketplaces like Amazon have a lot of competitors. So you want a good balance between the two. Sometimes you just need to test it out and try multiple sites like eBay, Amazon, Etsy, etc. What works on one site may not work on the other. Here's another secret: the same product may sell for super cheap on one site, and a lot more on another site.

Also consider where your target audience is hanging out. If it's Facebook, consider using the Facebook marketplace, etc.

One more thing- don't forget to diversify your income streams and don't rely only on one platform. If you sell all of your products on Amazon and Amazon decides you can't sell your stuff there anymore, there goes your income!

The Four Ps of Marketing: Product, Place, Price, Promotion

You must incoporate all four things into your business strategy. Keep in mind that the four Ps are something you need to constantly adjust. None of these things are set in stone.

You may not be able to sell your product in a certain marketplace. For example, if you sell political commentary T-shirts, you may not want to sell something potentially offensive like that on Amazon, but rather on your own website.

Selling too many of your products can be a bad thing- it might mean your product price is too low and you need to raise it. You can still end up making more by selling fewer products. If you sell on your own website, you can lower your price because you won't be losing a percentage of your profit to the marketplace you were selling at.

Another benefit of having your own website is you can run a promotion whenever you want to, and don't have to rely on the marketplace.

And that's it for this time! If you want to see what Sandy's been up to lately, check out her gear at If You Stand for Nothing (linked below). Next week Sandy and I will be back with frugal money saving tips to boost your savings (try saying that 3 times). See you then!

This Week's Guest

Hi, I'm Sandy.

Way back when the dinosaurs roamed at the end of 2008, I started paying a little bit more attention to my debt. As the year faded into 2009, the idea to build a website to keep myself accountable to eliminating my debt burst into my mind. I hopped onto Blogger.com and created a blog that I named My Cheapass Blog. I really didn't begin my blog for anyone else to see; it was just a way for me to have the total amount that I owed at my fingertips. Here we are years later and have learned enough to help others with their own debt.

I started this blog with well over $105,665.31 in debt after a failed business and some massive student loans…at least, that's what I said that I owed. In actuality I owed a friend another $5,000 and I would receive a notice in the mail that I owed $10,000 in back taxes and penalties. This blog has been a chronicle of my journey of getting out of it without filing bankruptcy.

My $120,665.31 debt represented everything that I had done wrong. Now, I am here to help YOU get your finances together.

Social Media

Other Resources Mentioned

The post PPP122: 5 Tips to Build a Profitable Product Business Online appeared first on Personal Profitability.]]> Hey ladies and gents, we're back this week with Sandy Smith to talk about a great way to get profitable…building a product business online! Last week, we caught up with Sandy on what she's been up to since episode 51 (the last time she was here!).
What We’re Chatting About This Week
Sandy Smith is no stranger to online product businesses. She started out with her first product business in college selling Beanie Babies. For those of you old enough to remember, Beanie Babies were the RAGE back in the day. Sandy would frequent a nearby Hallmark after work, buy up the hard-to-find Beanie Babies, and sell them online for a profit.
Sandy's certainly learned a few things about starting a product business since then. Here are her top 5 tips for building a profitable product business online!
Pick the Right Product
Pick a product that appeals to other people, not just yourself. You might think a product is the coolest thing, but make sure at least a few other people think it's cool too. Otherwise you might not be able to sell it.
Check Out Competitors
Market research is very important. You need to find out if your products are overpriced or underpriced. You also need to find out if your product is unpopular and no one is buying, or if it's super popular and there are too many competitors selling the same thing. Don't copy your competitors, but use them as inspiration to come up with something different.
Source Your Product
This depends heavily upon what type of product you have. If you are sourcing a product that is very pro-American (ie political mugs and T-shirts), the last thing you want is something that says “Made in China”. People are paying attention more than ever to where a product is made. There are also many barriers of entry to importing a product from another country. The time difference, language barriers, and low product quality are just some of the potential issues. Try finding a distributor in the U.S. first before you look for a lower acquisition price elsewhere.
Find a Place to Sell It
Generally you want to go where you can get the most eyes on your product. However, big marketplaces like Amazon have a lot of competitors. So you want a good balance between the two. Sometimes you just need to test it out and try multiple sites like eBay, Amazon, Etsy, etc. What works on one site may not work on the other. Here's another secret: the same product may sell for super cheap on one site, and a lot more on another site.
Also consider where your target audience is hanging out. If it's Facebook, consider using the Facebook marketplace, etc.
One more thing- don't forget to diversify your income streams and don't rely only on one platform. If you sell all of your products on Amazon and Amazon decides you can't sell your stuff there anymore, there goes your income!
The Four Ps of Marketing: Product, Place, Price, Promotion
You must incoporate all four things into your business strategy. Keep in mind that the four Ps are something you need to constantly adjust. None of these things are set in stone.
You may not be able to sell your product in a certain marketplace. For example, if you sell political commentary T-shirts, you may not want to sell something potentially offensive like that on Amazon, but rather on your own website.
Selling too many of your products can be a bad thing- it might mean your product price is too low and you need to raise it. You can still end up making more by selling fewer products. If you sell on your own website, you can lower your price because you won't be losing a percentage of your profit to the marketplace you were selling at.
]]>
Eric Rosenberg - Personal Finance and Entrepreneurship Expert clean 21:42 37056 PPP121: Catching Up with Sandy Smith https://personalprofitability.com/episode121/ Wed, 03 Oct 2018 12:00:46 +0000 http://3.136.100.179/?p=37039 https://personalprofitability.com/episode121/#respond https://personalprofitability.com/episode121/feed/ 0 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>This month’s guest is my good friend Sandy Smith. We finally sat down and recorded the next four episodes for you! She last joined us in March 2017. For today’s episode, we catch up on what she’s been up to lately in her business, side hustles, etc. In the next episodes, we’ll dive deeper into […]</p> The post <a href="https://personalprofitability.com/episode121/">PPP121: Catching Up with Sandy Smith</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. This month’s guest is my good friend Sandy Smith. We finally sat down and recorded the next four episodes for you! She last joined us in March 2017. For today’s episode, we catch up on what she’s been up to lately in her business, side hustles, etc.

In the next episodes, we’ll dive deeper into her areas of expertise, with tips that will help both personal finance fans and entrepreneurs alike. We will be talking about creating new products, frugality and savings, and her adventures as a house flipping landlord. Be sure to tune in all month!

What We’re Chatting About This Week

Sandy and I met up at FinCon recently, where I was the official conference DJ! In between doing my DJ gig and the conference, we managed to find time to sit down together and talk. 

One big thing that’s happened since March of last year…Sandy had a baby boy! At that time, Sandy had a job, but now she’s jobless…in a good way. She’s got enough on her plate dealing with a house fiasco currently (tune in for her fourth episode to find out more), but thankfully she learned valuable lessons along the way. 

Sandy also sells political-themed products on the side, but since the baby’s arrival, she’s scaled back her business. If you want to get on Amazon or eBay to sell products, we are going to get some insight from Sandy about that next week!

Another aspect of Sandy’s business is Yes I Am Cheap and her Facebook community, The Hustle Crew. Sandy’s online community is almost 8000 strong, and grows about 100 people a week! She's currently revamping her site, Yes I Am Cheap. She will be focusing her content on three topics: how to make money, how to save money, and living your best financial life. She also has a separate site for other topics, appropriately named I Am Sandy Smith.

In The Hustle Crew community, Sandy built an amazing audience by keeping her purpose in mind- helping people find their side hustles and make extra money. She makes sure the community stays focused, and gives as much helpful advice as she can.

Some of her favorite side hustles from her community members include those who upcycle. Basically this means taking someone else’s discards, refurbishing them, and re-selling for profit. This is not only a great way to help the environment, but the seller makes a larger profit since their acquisition cost is usually nothing! It’s also a great side hustle if you like to exercise your creativity and artistry.

And that’s it for this week! Next week, we’re talking about how to start an online product business. See you back here then!

This Week's Guest

Hi, I'm Sandy.

Way back when the dinosaurs roamed at the end of 2008, I started paying a little bit more attention to my debt. As the year faded into 2009, the idea to build a website to keep myself accountable to eliminating my debt burst into my mind. I hopped onto Blogger.com and created a blog that I named My Cheapass Blog. I really didn't begin my blog for anyone else to see; it was just a way for me to have the total amount that I owed at my fingertips. Here we are years later and have learned enough to help others with their own debt.

I started this blog with well over $105,665.31 in debt after a failed business and some massive student loans…at least, that's what I said that I owed. In actuality I owed a friend another $5,000 and I would receive a notice in the mail that I owed $10,000 in back taxes and penalties. This blog has been a chronicle of my journey of getting out of it without filing bankruptcy.

My $120,665.31 debt represented everything that I had done wrong. Now, I am here to help YOU get your finances together.

Social Media

Other Resources Mentioned

The post PPP121: Catching Up with Sandy Smith appeared first on Personal Profitability.]]>
This month’s guest is my good friend Sandy Smith. We finally sat down and recorded the next four episodes for you! She last joined us in March 2017. For today’s episode, we catch up on what she’s been up to lately in her business, side hustles, etc. In the next episodes, we’ll dive deeper into her areas of expertise, with tips that will help both personal finance fans and entrepreneurs alike. We will be talking about creating new products, frugality and savings, and her adventures as a house flipping landlord. Be sure to tune in all month!

What We’re Chatting About This Week
Sandy and I met up at FinCon recently, where I was the official conference DJ! In between doing my DJ gig and the conference, we managed to find time to sit down together and talk. 
One big thing that’s happened since March of last year…Sandy had a baby boy! At that time, Sandy had a job, but now she’s jobless…in a good way. She’s got enough on her plate dealing with a house fiasco currently (tune in for her fourth episode to find out more), but thankfully she learned valuable lessons along the way. 
Sandy also sells political-themed products on the side, but since the baby’s arrival, she’s scaled back her business. If you want to get on Amazon or eBay to sell products, we are going to get some insight from Sandy about that next week!
Another aspect of Sandy’s business is Yes I Am Cheap and her Facebook community, The Hustle Crew. Sandy’s online community is almost 8000 strong, and grows about 100 people a week! She's currently revamping her site, Yes I Am Cheap. She will be focusing her content on three topics: how to make money, how to save money, and living your best financial life. She also has a separate site for other topics, appropriately named I Am Sandy Smith.
In The Hustle Crew community, Sandy built an amazing audience by keeping her purpose in mind- helping people find their side hustles and make extra money. She makes sure the community stays focused, and gives as much helpful advice as she can.
Some of her favorite side hustles from her community members include those who upcycle. Basically this means taking someone else’s discards, refurbishing them, and re-selling for profit. This is not only a great way to help the environment, but the seller makes a larger profit since their acquisition cost is usually nothing! It’s also a great side hustle if you like to exercise your creativity and artistry.
And that’s it for this week! Next week, we’re talking about how to start an online product business. See you back here then!
This Week's Guest
Hi, I'm Sandy.
Way back when the dinosaurs roamed at the end of 2008, I started paying a little bit more attention to my debt. As the year faded into 2009, the idea to build a website to keep myself accountable to eliminating my debt burst into my mind. I hopped onto Blogger.com and created a blog that I named My Cheapass Blog. I really didn't begin my blog for anyone else to see; it was just a way for me to have the total amount that I owed at my fingertips. Here we are years later and have learned enough to help others with their own debt.
I started this blog with well over $105,665.31 in debt after a failed business and some massive student loans…at least, that's what I said that I owed. In actuality I owed a friend another $5,000 and I would receive a notice in the mail that I owed $10,000 in back taxes and penalties. This blog has been a chronicle of my journey of getting out of it without filing bankruptcy.
My $120,665.31 debt represented everything that I had done wrong. Now, I am here to help YOU get your finances together.
Social Media

* YouTube
* Facebook
* clean 17:14 37039
PPP120: That Time I Quit My Job https://personalprofitability.com/episode120/ Wed, 26 Sep 2018 12:00:31 +0000 http://3.136.100.179/?p=36995 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Hey everyone! This week, I'm in Orlando for FinCon, my biggest conference of the year. Something I give FinCon a lot of credit for is the ability to leave my day job and work for myself as a freelance writer! So we're taking a look back this week on another podcast from the vaults- that […]</p> The post <a href="https://personalprofitability.com/episode120/">PPP120: That Time I Quit My Job</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Hey everyone! This week, I'm in Orlando for FinCon, my biggest conference of the year. Something I give FinCon a lot of credit for is the ability to leave my day job and work for myself as a freelance writer! Coming up soon, we are bringing you new episodes of the Personal Profitability podcast, so stay tuned for that. I plan to record some new episodes with Sandy Smith at FinCon! But first, let's take a trip down memory lane…

What We’re Chatting About This Week
In episode 120, we are revisiting the podcast when I announced I was quitting my job to work for myself full-time, as a freelance writer. It was scary, exciting, and inspirational, all wrapped up into one. Here's a glimpse into my journey.
Journey as a Blogger
I started a personal blog on Blogger in the summer of 2006. I then started a political commentary blog (The Israel Situation) because I wanted to get out there, reach people, and make a difference. After a while, I shut it down because I wanted to focus on more profitable endeavors. So in October 2007, I started Narrow Bridge, a site about money and personal finance to help people with financial advice. I eventually changed that name to Personal Profitability.
As my blog grew, I joined a group called the Yakezie. Being a part of that community helped my site grow significantly and I met a lot of great finance bloggers. But it was a lot more than just building community. At the same time, I was learning how to turn what was paying for my beer money into something that paid for my mortgage and my rent. My income kept building steadily and I really started keeping track.
The Big Announcement
While working at a big internet company in Denver, I always had this feeling I needed to change something and do something different. We packed up home and set up camp in Portland, Oregon. I started a job there, the one where I told you that I was let go from (you can find story linked below). In between jobs, I really just focused on my online income (which I doubled in the month I was off work).
When I got a new job offer, I felt like it was a sign I was supposed to take it, because it was about two hours after I got let go from my last job. But as my online income continued to grow and things at work got more and more stressful, it felt like something had to give.
After much deliberation, I made a big decision. My entire livelihood for myself and my family is coming from this website and my freelance work online. That was my big announcement.
The Big Move
We decided to move to Southern California to be closer to my wife's family.
This was one of the scariest decisions I have ever made in my life. But going in to work for someone else for 8 to 10 hours a day, five days a week for most of the rest of my life, that was scarier. Otherwise, I'm looking forward to having the freedom to travel the world.
But really my number one goal for everybody in the Personal Profitability community is to make that first dollar on the side and then grow it. Because you never know what will happen from there.
Just a few other points- do not quit your job unless you have a serious plan in place! I had a lot of savings and did a lot of planning to make this happen. But this isn't something that makes me special compared to other people. You can do it too! I happen to know about personal finance. There are things you know more about than other people, so get to work and maybe someday you'll be able to quit your job too! Until then, stay profitable!
Social Media

*
LinkedIn
* Facebook

]]> Eric Rosenberg - Personal Finance and Entrepreneurship Expert clean 29:22 36995 PPP119: The Pillars of Personal Profitability https://personalprofitability.com/episode119/ Wed, 19 Sep 2018 12:00:58 +0000 http://3.136.100.179/?p=36969 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Hey everyone, we're back again with a podcast after taking last week off to celebrate Rosh Hashanah! Also, Yom Kippur is this week, which is a major Jewish holiday. It's the time of year to reflect on what happened in the past year, and think of ways to make the new year the best one […]</p> The post <a href="https://personalprofitability.com/episode119/">PPP119: The Pillars of Personal Profitability</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Hey everyone, we're back again with a podcast after taking last week off to celebrate Rosh Hashanah! Also, Yom Kippur is this week, which is a major Jewish holiday. It's the time of year to reflect on what happened in the past year,
What We’re Chatting About This Week
In this first episode of the Personal Profitability Podcast, I give you an intro to the core tenets of Personal Profitability: Spend Mindfully, Earn More, Grow Your Wealth, and Living Better. These four pillars have guided me throughout my journey with this blog and podcast, so they are near and dear to my heart.
Spending Mindfully
Focus on what you really value when you spend your hard earned money. Why waste on cable or coffee if you are not a TV fan or you can get free coffee at work? You can save enough for a plane ticket to Europe each year by cutting cable.
Earn More
Earning more on the side can cover your beer tab, your rent, and eventually may lead to a full time income. I try to make at least $2,500 per month on the side every month.
Grow Your Wealth
Neglecting investments and putting your assets to work for you will cost you big in the long-run. Wealthy people know how to leverage their cash flow and savings to become even wealthier in the future.
Living Better
Your money should help you live a better life, not restrict you. Take control and live your dreams through thoughtful personal finance management.
And those are the four core tenets of Personal Profitability!
Personal Profitability is about making things you want in life attainable and affordable. Waiting until you retire to enjoy life shouldn't be the norm. I try to live a rich, full life everyday and it's my goal to help us all do that together. Because that's what the Personal Profitability Project is all about- helping you take those steps to have a better life and financial freedom!
So thanks for taking this journey with me back to the first episode. Can you believe Personal Profitability turns 10 years old next month!? It's mind blowing how far we've come since then. Stay tuned to see what the future has in store for Personal Profitability…it's going to be exciting!
Social Media

* LinkedIn
* Facebook

Other Resources Mentioned

* Automatic Millionaire by David Bach
* eBay
* Craigslist
* Envato Marketplace
* Udemy

]]>
Eric Rosenberg - Personal Finance and Entrepreneurship Expert clean 44:56 36969
PPP118: Understanding Economics With Andrei Polgar https://personalprofitability.com/episode118/ Wed, 05 Sep 2018 12:00:06 +0000 http://3.136.100.179/?p=36917 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>This week's podcast with Andrei Polgar started out as a video for YouTube, but we ran into some technical difficulties.  Since we had such a great chat, we are making it into a podcast instead so you don't miss out! After you listen in, don't forget to check out my Personal Profitability YouTube channel for […]</p> The post <a href="https://personalprofitability.com/episode118/">PPP118: Understanding Economics With Andrei Polgar</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. This week's podcast with Andrei Polgar started out as a video for YouTube, but we ran into some technical difficulties.  Since we had such a great chat, we are making it into a podcast instead so you don't miss out! After you listen in,
What We’re Chatting About This Week
In this week's episode, Andrei and I are jumping into a conversation about the economy, something near and dear to my heart! Andrei is an economist with a PhD and a mission to help people learn about economics via his channel, One Minute Economics.
He's also going to tell us about his new book, The Age of Anomaly: Spotting Financial Storms in a Sea of Uncertainty, which makes economics easy for anyone to understand. But first, here are some of Andrei's tips for preparing yourself in an uncertain economy!
Prepare as Early as Possible
You never know when the next economic downturn may happen, it's best to prepare your portfolio and investments as early as you can- before any panic sets in.
Set Aside Time to Learn About Economics
No matter how busy you are, all it takes is a few minutes a day to educate yourself. Consider starting with Andrei's YouTube channel or his book (links below)!
Take Action Now
Learning about economics is great and all, but you need to apply your knowledge. You can start generating results that are life-altering!
This Week's Guest
My name is Andrei Polgar and through my One Minute Economics channel, I do my best to teach people economics in an easy-to-understand manner.
As you watch my videos, you'll notice I don't define. Instead, I explain and I try to do it in a way that ensures you won't forget what you've just learned after a week or a month. Unfortunately, economics isn't being taught properly. Time and time again, people thank me for the work I do and say they *finally* understand economics after watching my videos. From economics students who are sick and tired of passing their exams but not really “getting” economics to non-economists who understand how important the things I'm teaching are and how much they affect their day-to-day lives, my audience is pretty diverse.
All of these people have something in common though: they're sick and tired of boring textbook definitions, they want to genuinely understand economics. This is precisely what I'm here to help you do… in a minute, mind you 🙂
Social Media

* One Minute Economics YouTube
* Facebook

Other Resources Mentioned

* One Minute Economics Site
* The Age of Anomaly by Andrei Polgar on Amazon
* Personal Profitability YouTube

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Eric Rosenberg - Personal Finance and Entrepreneurship Expert clean 17:12 36917
PPP117: 7 Ways Public Speaking Helps Your Business https://personalprofitability.com/episode117/ Wed, 29 Aug 2018 12:00:23 +0000 http://3.136.100.179/?p=36826 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>This is the last of four podcasts in our month-long series with our good friend Martin Dasko! Recently, we co-hosted the Ignite event at the Podcast Movement in Philadelphia which was a ton of fun. Be sure to check out the Ignite website (linked below) for videos from the recent event. Now, onto the fun […]</p> The post <a href="https://personalprofitability.com/episode117/">PPP117: 7 Ways Public Speaking Helps Your Business</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. This is the last of four podcasts in our month-long series with our good friend Martin Dasko! Recently, we co-hosted the Ignite event at the Podcast Movement in Philadelphia which was a ton of fun. Be sure to check out the Ignite website (linked below)...
What We’re Chatting About This Week
We are getting profitable this week by talking about public speaking! You might be wondering why public speaking is beneficial for your business. Well, Martin and I are here to tell you exactly why! Tune in to the podcast as we discuss 7 ways public speaking helps your business:
Find New Fans in Person
Building online relationships are great, but speaking face to face can be so much more powerful. People will remember you even months later, and that long-term impact is really cool.
Improve Presentation Skills
When you get on stage and present yourself as an expert in your field, you can really build that confidence and trust. This is great practice if you ever need to pitch your business to an investor! Don't be afraid to sell yourself!
Get Paid!
Yes, you can get paid for public speaking, which is kind of important!
Sell Your Book
If you're not getting paid to speak, think of it as free publicity to promote your book or other product.
Repurpose Content for Online Use
Everytime you speak, consider recording your speech. This is super useful for uploading onto YouTube, your blog, etc.
Evangelize a New Concept
Teaching a new concept may not bring money in, but you can really connect to people by giving them real, useful knowledge (instead of B.S. fluff that won't help them). They will remember you in the future!
Grow Your Network
You never know if you may find a new client or get new business when you do public speaking. People will take you more seriously if you get up there and speak!
This Week's Guest
I’m Martin Dasko, the Adventure Ambassador and creator of Studenomics. I’m a long-haired brute in his 30s who fell in love with personal finance as a teenager. I’ve been helping readers like you pay off debt, plan trips, save money, start freelancing, and figure out life, since 2008. I don’t plan on stopping. The beauty of Studenomics is that you can choose your own adventure.
Studenomics is all about financial freedom in your 20s without missing a party!
Social Media

* Twitter
* Instagram
* YouTube

Other Resources Mentioned

* Studenomics
* PPP013: I Am a Professional Wrestler with Martin Dasko
* Ignite

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Eric Rosenberg - Personal Finance and Entrepreneurship Expert clean 20:09 36826
PPP116: 5 Tips for Brand New Side Hustlers https://personalprofitability.com/episode116/ Wed, 22 Aug 2018 12:00:03 +0000 http://3.136.100.179/?p=36824 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Ever thought about starting your own side hustle? We're back with Martin Dasko this week, and you won't want to miss our chat if you're brand new to side hustling. Whether you want to make a little extra money on the side, or if you dream of taking a new side hustle full-time, you'll want […]</p> The post <a href="https://personalprofitability.com/episode116/">PPP116: 5 Tips for Brand New Side Hustlers</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Ever thought about starting your own side hustle? We're back with Martin Dasko this week, and you won't want to miss our chat if you're brand new to side hustling. Whether you want to make a little extra money on the side,
What We’re Chatting About This Week
In episode 116, we are chatting about starting a side hustle! A common misconception is that side hustling can make you a ton of money fast with little work. Martin and I are both veteran side hustlers, and we are going to dispel some of those myths on today's podcast. We'll also give you some practical tips that come from experience.
Without further ado, here are our top 5 tips for brand new side hustlers!
You Only Need 3 Things
All you need is a product or service, a customer who is willing to pay, and a way to deliver. Even a simple idea will do, don't feel like you need to invent something brand new. For example, Martin's previous lawnmowing business!
Pick Something You Already Know
You can learn a new skill, but you likely need to invest time and/or money in order to make that skill marketable. Instead, pick something you already know so you can start right away!
It Can Be Online or Offline
You can start by marketing yourself on a freelance work site like Fiverr. Keep in mind, an online business is not the only way! If your skills don't involve the computer or technology, that's okay! Focus on what you are good at, even if it's offline.
You'll Need to Hustle
Don't sit around waiting for the money to come in. You might have a great idea, but no one will care if you don't act on it!
It Takes Time to Build a Business That Provides Passive Income
Work hard now, take it easy later! Chasing a passive income requires a lot of work up front, and there are no shortcuts. Don't believe any false claims that you can get rich quick!
This Week's Guest
I’m Martin Dasko, the Adventure Ambassador and creator of Studenomics. I’m a long-haired brute in his 30s who fell in love with personal finance as a teenager. I’ve been helping readers like you pay off debt, plan trips, save money, start freelancing, and figure out life, since 2008. I don’t plan on stopping. The beauty of Studenomics is that you can choose your own adventure.
Studenomics is all about financial freedom in your 20s without missing a party!
Social Media

* Twitter
* Instagram

Other Resources Mentioned

* Studenomics
* PPP013: I Am a Professional Wrestler with Martin Dasko
* YouTube: How Eric Earns Six Figures as a Freelance Writer

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Eric Rosenberg - Personal Finance and Entrepreneurship Expert clean 21:38 36824
PPP115: Planning Your Dream Vacation https://personalprofitability.com/episode115/ Wed, 15 Aug 2018 12:00:09 +0000 http://3.136.100.179/?p=36822 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>This week, we are continuing our chat about travel with Martin Dasko! Last week, we discussed some great budget travel tips. But if you're ready to splurge a little, you'll want to hear this week's Personal Profitability podcast about planning your dream vacation. In the next two weeks, Martin and I will be giving you […]</p> The post <a href="https://personalprofitability.com/episode115/">PPP115: Planning Your Dream Vacation</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. This week, we are continuing our chat about travel with Martin Dasko! Last week, we discussed some great budget travel tips. But if you're ready to splurge a little, you'll want to hear this week's Personal Profitability podcast about planning your dre...
What We’re Chatting About This Week
Welcome to episode 115! This is the second podcast in our month-long series with my guest and good friend, Martin Dasko. Is there that one place in the world you've always wanted to travel to? Do you find it stressful trying to plan a vacation? Are you struggling to save up for your next trip? Then you'll want to tune in to get our top tips on planning your dream vacation. We're also revealing the top dream destinations on our list!
Here are the top five tips for planning your next dream vacation!
Know Where You Want to Go
If you're not sure where you want to go, pick an event or experience you really want to attend and go from there. For example, going mountain climbing, experiencing Machu Picchu, or seeing the pyramids.
Keep a Photo of Your Destination Visible
This will serve as a daily reminder of your vacation goals! Put a picture on your fridge, on your computer, or at work.
Figure Out How Much It Will Cost
If you don't know how much it costs to go on your vacation, you won't be able to save up the appropriate amount. Hint: don't put your vacation on a credit card! Don't forget to factor in smaller costs that add up like taxis, museum tickets, drinks, etc.
Start Saving Now
If you find it difficult to set aside funds on your own, use an app like Qapital. This will make your savings automatic, and more painless because you don't even have to think about it!
Look For Ways to Cut Costs
You need to consciously budget for your vacation. Skip your morning coffees, don't buy that new pair of shoes, whatever you need to do to save a little bit here and there.
This Week's Guest
I’m Martin Dasko, the Adventure Ambassador and creator of Studenomics. I’m a long-haired brute in his 30s who fell in love with personal finance as a teenager. I’ve been helping readers like you pay off debt, plan trips, save money, start freelancing, and figure out life, since 2008. I don’t plan on stopping. The beauty of Studenomics is that you can choose your own adventure.
Studenomics is all about financial freedom in your 20s without missing a party!
Social Media

* Twitter
* Instagram

Other Resources Mentioned

* Studenomics
* PPP013: I Am a Professional Wrestler with Martin Dasko
* Qapital

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Eric Rosenberg - Personal Finance and Entrepreneurship Expert clean 16:10 36822
PPP114: Talking Budget Travel with Martin Dasko https://personalprofitability.com/episode114/ Wed, 08 Aug 2018 12:00:03 +0000 http://3.136.100.179/?p=36785 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>A warm welcome to our surprise guest for the next four episodes, Martin Dasko! We met up recently at the Podcast Movement conference in Philadelphia. Now that we've recovered from the awesome trip out there, we're back with a new podcast today! If you love to travel, you'll want to tune in for this month-long […]</p> The post <a href="https://personalprofitability.com/episode114/">PPP114: Talking Budget Travel with Martin Dasko</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. A warm welcome to our surprise guest for the next four episodes, Martin Dasko! We met up recently at the Podcast Movement conference in Philadelphia. Now that we've recovered from the awesome trip out there, we're back with a new podcast today!
What We’re Chatting About This Week
Welcome to episode 114, where we're talking about travel with our friend Martin Dasko! We are hosting Martin for the next month, and today is the first of four podcasts with him. If you want some awesome tips on how to travel for cheap (but not cheap in quality!) and get to anywhere you want in the world, you won't want to miss out on today's chat about budget travel.
Next week, we'll talk about how to plan your DREAM trip, so don't forget to tune in to the podcast!
This Week's Guest
I’m Martin Dasko, the Adventure Ambassador and creator of Studenomics. I’m a long-haired brute in his 30s who fell in love with personal finance as a teenager. I’ve been helping readers like you pay off debt, plan trips, save money, start freelancing, and figure out life, since 2008. I don’t plan on stopping. The beauty of Studenomics is that you can choose your own adventure.
Studenomics is all about financial freedom in your 20s without missing a party!
Social Media

* Twitter
* Instagram

Other Resources Mentioned

* Studenomics
* PPP013: I Am a Professional Wrestler with Martin Dasko

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Eric Rosenberg, Martin Dasko clean 23:31 36785
PPP113: Climbing Out of Debt with Ericka Young https://personalprofitability.com/episode113/ Wed, 25 Jul 2018 15:30:41 +0000 http://3.136.100.179/?p=36746 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>On today's podcast, we're talking about getting out of debt with Ericka Young. Expect an announcement on the latest co-host guest next week! But for today, we are doing a good old-fashioned interview for our podcast! What We’re Chatting About This Week Welcome to episode 113, where our guest today is Ericka Young! Ericka's story […]</p> The post <a href="https://personalprofitability.com/episode113/">PPP113: Climbing Out of Debt with Ericka Young</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. On today's podcast, we're talking about getting out of debt with Ericka Young. Expect an announcement on the latest co-host guest next week! But for today, we are doing a good old-fashioned interview for our podcast!
What We’re Chatting About This Week
Welcome to episode 113, where our guest today is Ericka Young! Ericka's story might be familiar to you. She and her husband racked up tons of student loan and credit card debt, and found themselves with little money left after paying off their debt every month. They finally got serious about their debt, and started budgeting strategically to pay it all off. The rest is history!
Ericka became a certified financial coach, left a stable job, and decided to go into business for herself. The best part is, she found her passion helping others get out of debt too. She hasn't looked back since. If you're thinking about starting your own business and getting out of debt, you'll find Ericka's story very inspiring.
She also gives us a crash course on her four-step plan to getting out of debt for good. Make sure to listen to the end of the podcast to hear her awesome tips!
This Week's Guest
Ericka Young is the president and founder of Tailor-Made Budgets which she opened in 2005 after she and her husband Chris climbed their way out of nearly $100,000 in debt. She became a certified financial coach by Dave Ramsey’s Lampo Group in 2006 and combines her passion for helping people with creative debt reduction techniques so everyone can have a path to financial freedom.
Ericka is a recognized financial expert who inspires people to significantly improve their finances, family and their future with a solid plan. Ericka’s Best-Selling book, “Naked and Unashamed: 10 Money Conversations Every Couple Must Have” was released online in February 2017 worldwide. She currently teaches her message of debt freedom through her e-newsletters, personal and group coaching, workshops and speaking engagements. Ericka, Chris and their two teenage daughters, Faith and Olivia reside in Fishers, IN.
Social Media

* LinkedIn
* Facebook

Other Resources Mentioned

* Tailor Made Budgets

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Eric Rosenberg - Personal Finance and Entrepreneurship Expert clean 20:02 36746
PPP112: Whitney Hansen on What Regular People Need to Know About Accounting https://personalprofitability.com/episode112/ Wed, 18 Jul 2018 12:00:11 +0000 http://3.136.100.179/?p=36655 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Don't let this topic title deter you – today's episode (Whitney's last – for now!) is all about what entrepreneurs, business owners, wannabe (or soon to be!) business owners, and side hustlers need to know about accounting. From business income to expenses, we cover it all on the latest episode of the Personal Profitability Podcast […]</p> The post <a href="https://personalprofitability.com/episode112/">PPP112: Whitney Hansen on What Regular People Need to Know About Accounting</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Don't let this topic title deter you – today's episode (Whitney's last – for now!) is all about what entrepreneurs, business owners, wannabe (or soon to be!) business owners, and side hustlers need to know about accounting.
What We’re Chatting About This Week
Welcome to episode 112, our last episode with Whitney Hansen! The past month has been a really fun time, both with Whitney and I talking about everything business/entrepreneur-related. Today's topic is also no slouch – we're talking about accounting! No, it's not boring, we promise!
If you are a business owner, side hustler, entrepreneur, future business-founder, there is a tons of information here that you will want to know! It's all about business finances today and you won't want to miss it.
Also, don't forget to visit my YouTube channel – I'm running a great contest you won't want to miss! Psst – the video you definitely want to check out is me in the banana costume! 🙂
This Month's Guest: Whitney Hansen
Whitney Hansen is a personal finance coach and entrepreneur. She teaches overwhelmed millennials how to pay off debt and be financially independent by giving them the tools to have more fun with money and sprinkling in a little silliness. Some of Whitney's accomplishments are paying off $30,000 in 10 months, buying her first home at 19, and paying $472 for her master's degree.
Social Media

* Twitter
* Facebook

Other Resources Mentioned

* The Money Nerds
* Oh No We Didn't


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Eric Rosenberg - Personal Finance and Entrepreneurship Expert clean 28:46 36655
PPP111: How to Get Paid for Work Online https://personalprofitability.com/episode111/ Wed, 11 Jul 2018 12:00:54 +0000 http://3.136.100.179/?p=36652 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Welcome to episode 111, how to get paid for work online. If you're an online entrepreneur, you know how difficult it can sometimes be to get paid online! That's why, in episode 111 with my friend Whitney, we talk about the best ways to make sure you get paid online! What We’re Chatting About This […]</p> The post <a href="https://personalprofitability.com/episode111/">PPP111: How to Get Paid for Work Online</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Welcome to episode 111, how to get paid for work online. If you're an online entrepreneur, you know how difficult it can sometimes be to get paid online! That's why, in episode 111 with my friend Whitney, we talk about the best ways to make sure you ge...
What We’re Chatting About This Week
Are you ready to get profitable?! Episode 111 is here and we're bringing back our fun and peppy friend, Whitney Hansen! Today, we're talking profitability, not profiteering (there's a difference – you'll have to take a listen!)
Specifically, we're talking about getting paid online! If you're an online entrepreneur, chances are you want to get paid – but what happens when getting paid online is more difficult than you anticipated? We're talking about getting paid – how to get paid, the best ways to get paid (and the number one worst way!) and more.
Also, don't forget to check out the Personal Profitability YouTube channel, where I feature 2 Minute Money episodes every Friday! You definitely don't want to miss them and, at two minutes long, they're easy to digest and implement.
This Month's Guest
Whitney Hansen is a personal finance coach and entrepreneur. She teaches overwhelmed millennials how to pay off debt and be financially independent by giving them the tools to have more fun with money and sprinkling in a little silliness. Some of Whitney's accomplishments are paying off $30,000 in 10 months, buying her first home at 19, and paying $472 for her master's degree.
Social Media

* Twitter
* Facebook

Other Resources Mentioned

* Quickbooks
* PayPal
* Zelle
* Stripe
* Cash
* Venmo
* The Money Nerds
* Oh No We Didn't

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Eric Rosenberg - Personal Finance and Entrepreneurship Expert clean 20:11 36652
PPP110: 5 First Steps for New Entrepreneurs https://personalprofitability.com/episode110/ Wed, 04 Jul 2018 12:00:07 +0000 http://3.136.100.179/?p=36596 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Welcome to episode 110, 5 first steps for new entrepreneurs! We're in our second episode of a four week series, where I interview one person on various topics for a month. Does this sound confusing? It's not, I promise! Also, I will still be featuring all of your favorite content on personal finance and entrepreneurship, […]</p> The post <a href="https://personalprofitability.com/episode110/">PPP110: 5 First Steps for New Entrepreneurs</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Welcome to episode 110, 5 first steps for new entrepreneurs! We're in our second episode of a four week series, where I interview one person on various topics for a month. Does this sound confusing? It's not, I promise! Also,
What We’re Chatting About This Week
Welcome to episode 110 – and welcome to our new format! About a year ago this week, I updated the podcast to a new format, what you've been seeing for the last year. I release a new episode every week, and all episodes are about 25 minutes a week. Now, I'll be heading in a slightly different direction for the time being.
Over the last year, almost every podcast has featured a personal finance or entrepreneurship expert. Don't worry – I am not changing that focus! What is changing is how I feature guests: now, I'll have one guest for four episodes – 1 guest a month!
Every single one of these people will have finance or entrepreneurship expertise. In this episode, we are covering the 5 steps entrepreneurs need to take with the wonderful, effervescent Whitney Hansen! Whitney has been a guest on the show before, and I've been a guest on her show (The Money Nerds) plus we have our own podcast together, Oh No We Didn't!
In this episode, Whitney and I will be chatting all about personal profitability – and entrepreneurship 🙂 Take a listen and let me know what you think!
Don't forget to subscribe to the Personal Profitability podcast so you get to know who our next guest will be!
This Month's Guest
Whitney Hansen is a personal finance coach and entrepreneur. She teaches overwhelmed millennials how to pay off debt and be financially independent by giving them the tools to have more fun with money and sprinkling in a little silliness. Some of Whitney's accomplishments are paying off $30,000 in 10 months, buying her first home at 19, and paying $472 for her master's degree.
Social Media

* Twitter
* Facebook

Other Resources Mentioned

* Lean Startup Methodology
* Personal Profitability Bookshelf
* Siteground
* Whitney's guest episode on Personal Profitability
* Eric's guest episode on The Money Nerds
* The Money Nerds
* Oh No We Didn't

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PPP109: 5 Core Skills to Conquer Your Money https://personalprofitability.com/episode109/ Wed, 27 Jun 2018 12:00:37 +0000 http://3.136.100.179/?p=36491 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Welcome to episode 109, 5 Core Skills to Conquer Your Money! Does this look like a different title to you? Are you confused about who the guest is this week? Changes are coming to the Personal Profitability Podcast, but I promise they're great changes! Don't worry, I will still be featuring all of your favorite […]</p> The post <a href="https://personalprofitability.com/episode109/">PPP109: 5 Core Skills to Conquer Your Money</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Welcome to episode 109, 5 Core Skills to Conquer Your Money! Does this look like a different title to you? Are you confused about who the guest is this week? Changes are coming to the Personal Profitability Podcast,
What We’re Chatting About This Week
Welcome to episode 109 – and welcome to our new format! About a year ago this week, I updated the podcast to a new format, what you've been seeing for the last year. I release a new episode every week, and all episodes are about 25 minutes a week. Now, I'll be heading in a slightly different direction for the time being.
Over the last year, almost every podcast has featured a personal finance or entrepreneurship expert. Don't worry – I am not changing that focus! What is changing is how I feature guests: now, I'll have one guest for four episodes – 1 guest a month!
Every single one of these people will have finance or entrepreneurship expertise. In this episode, we are getting back to basics with Whitney Hansen! Whitney has been a guest on the show before, and I've been a guest on her show (The Money Nerds) plus we have our own podcast together, Oh No We Didn't!
In this episode, Whitney and I will be chatting all about personal profitability. It's a really fun episode and I think you're going to get a lot out of our chat!
This Month's Guest
Whitney Hansen is a personal finance coach and entrepreneur. She teaches overwhelmed millennials how to pay off debt and be financially independent by giving them the tools to have more fun with money and sprinkling in a little silliness. Some of Whitney's accomplishments are paying off $30,000 in 10 months, buying her first home at 19, and paying $472 for her master's degree.
Social Media

* Twitter
* Facebook

Other Resources Mentioned

* Whitney's guest episode on Personal Profitability
* Eric's guest episode on The Money Nerds
* The Money Nerds
* Oh No We Didn't

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Eric Rosenberg - Personal Finance and Entrepreneurship Expert clean 28:45 36491
PPP108: Money Tips from Lynnette Khalfani-Cox https://personalprofitability.com/episode108/ Wed, 20 Jun 2018 12:00:18 +0000 http://3.136.100.179/?p=36359 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Today's guest is a well-known personal finance expert, television and radio personality. She's the author of 12 books, including the New York Times bestseller Zero Debt: The Ultimate Guide to Financial Freedom. I'm talking with Lynnette Khalfani-Cox, and in this episode, she gives us a ton of smart money tips to help you achieve your own […]</p> The post <a href="https://personalprofitability.com/episode108/">PPP108: Money Tips from Lynnette Khalfani-Cox</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Today's guest is a well-known personal finance expert, television and radio personality. She's the author of 12 books, including the New York Times bestseller Zero Debt: The Ultimate Guide to Financial Freedom. I'm talking with Lynnette Khalfani-Cox,
What We’re Chatting About This Week
Welcome to episode 108 of the Personal Profitability podcast! Today's guest is someone else I met at FinCon (yes, FinCon really is that awesome! :)) – Lynnette Khalfani-Cox! She has a really unique and interesting background, has been on national talk shows (like Oprah!) and has helped a lot of people get out of tough financial situations (including herself).
Lynnette's money tips are so valuable, and this episode went a little longer than usual, but I promise you'll find her tips well worth the slightly longer episode!
This Week’s Guest
Lynnette Khalfani-Cox, The Money Coach®, is a personal finance expert, television and radio personality, and the author of 12 books, including the New York Times bestseller Zero Debt: The Ultimate Guide to Financial Freedom.
Lynnette is a former financial news journalist, who now teaches individuals nationwide how to better manage their finances. She has appeared on hundreds of TV programs, including Oprah, The Talk, Dr. Phil, Dr. Oz, The Steve Harvey Show, The Today Show and more. As the CEO of TheMoneyCoach.net LLC, a financial education company, Lynnette oversees all content, marketing and operational efforts; serves as spokesperson for the company; and is responsible for the overall editorial direction of the company’s main consumer site, AskTheMoneyCoach.com.
In 2017, she launched a video-based learning platform called Money Coach University. Money Coach University offers online courses taught by Lynnette on numerous financial topics. Before launching TheMoneyCoach.net in 2003, Lynnette was a Wall Street Journal reporter for CNBC, where she covered business and personal finance news. Lynnette spent nearly 10 years at Dow Jones & Co. Inc. working as a reporter, bureau chief, deputy managing editor and personal finance editor.
Prior to her work at Dow Jones, Lynnette was a correspondent for The Philadelphia Inquirer, a writer and assistant producer for WTXF (FOX-TV) in Philadelphia, and a writer for the Associated Press in Los Angeles. Lynnette earned her Bachelor of Arts degree in English from the University of California, Irvine. She also holds a Master of Arts degree in Broadcast Journalism from the University of Southern California.
Lynnette lives in New Jersey with her husband and business partner, Earl Cox, and their three children.
Social Media

* Twitter
* Facebook

Other Resources Mentioned

* Ask the Money Coach
* Money Coach University

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PPP107: Talking Side Hustle Success with Andy Hill https://personalprofitability.com/episode107/ Wed, 13 Jun 2018 12:00:27 +0000 http://3.136.100.179/?p=36331 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Hey everyone, welcome to the latest Personal Profitability episode! I'm chatting with Andy Hill about money, side hustles, blogging and so much more – you won't want to miss this one. Did you also know I record personal finance videos every Friday? I promise, they are not boring talking-head videos – they're two minutes of […]</p> The post <a href="https://personalprofitability.com/episode107/">PPP107: Talking Side Hustle Success with Andy Hill</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Hey everyone, welcome to the latest Personal Profitability episode! I'm chatting with Andy Hill about money, side hustles, blogging and so much more – you won't want to miss this one. Did you also know I record personal finance videos every Friday? Did you also know I record personal finance videos every Friday? I promise, they are not boring talking-head videos – they're two minutes of fun! I host them in different locations (when the weather is good!), too – my latest video involves the zoo!
You can check out the videos here – and don't forget to subscribe so you will get an alert when the newest videos go live.

What We’re Chatting About This Week
Welcome back to episode 107 of the Personal Profitability podcast! I'm happy to introduce this week's guest, Andy Hill, because we are covering several amazing topics related to personal finance, marriage, money and more. Andy is a fellow Dad, FinConner, and personal finance fan. Andy and his family also went from a negative net worth to a positive net worth in less than a decade, plus several other impressive accomplishments. You won't want to miss what he has to say!
You'll also notice I mentioned FinCon, one of my favorite conferences. Andy is also a fellow blogger and, while I don't know him as well as I know other FinConners, it just goes to show you how big this personal finance and blogging movement is. If people tell you blogging is a waste of time, or personal finance isn't relatable, just know that there is a group of people out there (like the FinConners) who share your same goals!
This Week’s Guest
Andy Hill is the host of the Marriage, Kids and Money podcast focused on helping families build legacy wealth. The podcast was nominated as “Best New Personal Finance Podcast” by Plutus in 2017.
Outside of writing for his own weekly blog of the same name, his personal finance focused articles have been featured in STAND Magazine, Business Insider, AOL Finance, NerdWallet and Rockstar Finance.
When he’s not “talking money”, Andy enjoys wrestling with his two kids and singing 80’s karaoke with his wife.
Social Media

* Marriage, Kids and Money
* Facebook
* Twitter
* Pinterest

Other Resources Mentioned

* MasterMindHunt.com
* Marriage, Kids and Money Podcast

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Eric Rosenberg - Personal Finance and Entrepreneurship Expert clean 20:21 36331
PPP106: Succeeding in Real Estate with Chris Prefontaine https://personalprofitability.com/episode106/ Wed, 06 Jun 2018 12:00:37 +0000 http://3.136.100.179/?p=35947 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Hey there Profiteers! Today's episode is all about real estate, so take what you thought you know and put it to the side while you listen to this week's episode! That's right, in this episode with Chris Prefontaine, we're talking how much money you need to get started with real estate (probably less than you […]</p> The post <a href="https://personalprofitability.com/episode106/">PPP106: Succeeding in Real Estate with Chris Prefontaine</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Hey there Profiteers! Today's episode is all about real estate, so take what you thought you know and put it to the side while you listen to this week's episode! That's right, in this episode with Chris Prefontaine, Also, don't forget to follow me on Twitter (@EricProfits and @PersonalProfits) for all the latest from Personal Profitability – Chris and I enjoyed chatting so much that I'll be on an upcoming episode of his podcast that you won't want to miss.
While you're here, sign up for the Personal Profitability Bootcamp – you'll get the newsletter and all the latest at Personal Profitability!
What We’re Chatting About This Week
Welcome to episode 106 of the Personal Profitability Podcast! Did you also know I have a YouTube channel? It's located at youtube.com/ericrosenberg and, while it doesn't say Personal Profitability, I promise it does focus on personal finance! You can check out the YouTube channel here and don't forget to subscribe to the channel so you can get an alert when I publish a video (hint: every Friday!).
Today, I'm welcoming a real estate expert from the East Coast named Chris Prefontaine. It turns out, Chris is so persuasive that I'm tempted to join his real estate program! This is a really great episode (as they all are!) but it's extra fascinating because my family's next “target” for investing is real estate. I learned a lot about real estate from this episode, and I think you will too!
Many people think you need a lot of money to invest in real estate, but it turns out you don't actually need that. We'll talk about what you do need for real estate, but definitely take a listen, especially if you've been interested in real estate but were intimidated by the amount of money you thought you needed to get started!
If you’re interested in using your IRA to invest in a real estate property, check out Rocketdollar!
This Week’s Guest
Chris is the Amazon Best Selling author of Real Estate on your terms – Create continuous cash flow now, without using your cash or credit.  He’s also founder of SmartRealEstateCoach.com and SmartRealEstateCoachPodcast.com.
Chris has been in real estate for 25+ years. His experience includes the construction of over 100+ single family and duplex homes (mostly 1990’s and selectively to date), has owned a Realty Executives Franchise (Massachusetts 1994-2000) as broker / owner which maintained high per agent standards and eventually sold to Coldwell Banker in 2000. The 2000’s included coaching ½ million and higher realtors in order to scale & automate their business throughout US and Canada. He also participated (and still selectively to date) in doing condo conversions (multi family homes to condos) and “raise the roof” projects (converting single family ranches to colonials in growth neighborhoods).
Chris has been a big advocate of constant education and participates regularly in high end mastermind groups and consulting with private mentors. He runs his own buying and selling businesses with his family team which buys 2-5 properties monthly so they’re in the trenches every single week. They also help clients do the same thing around the Country.
Chris and his family/team have done over 80 million in real estate transactions. They mentor, coach, consult and actually partner with students around the Country (by application only) to do exactly what they do.
Social Media

* clean 19:40 35947
PPP105: How to Rebuild After a Setback with Matt Theriault https://personalprofitability.com/episode105/ Wed, 30 May 2018 12:00:38 +0000 http://3.136.100.179/?p=35944 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Hey there Profiteers! I've got a great episode for you today, something we don't hear of too often. What happens when the industry you've chosen as “yours”, the one to be part of your personal profitability, tanks? How do you rebuild? I talk about that and more in this episode with Matt Theriault. I have […]</p> The post <a href="https://personalprofitability.com/episode105/">PPP105: How to Rebuild After a Setback with Matt Theriault</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Hey there Profiteers! I've got a great episode for you today, something we don't hear of too often. What happens when the industry you've chosen as “yours”, the one to be part of your personal profitability, tanks? How do you rebuild? I have some pretty fun news for you as well – I started something brand new over on YouTube! Can't get enough of my melodious voice? 🙂 You can listen to more of me on the Personal Profitability YouTube channel here.
In addition to regular YouTube videos, I also do a “Two Minute Friday” video about personal finance. You'll find quick tips on personal finance (usually 2 minutes long – could be shorter, could be longer!) and you'll definitely learn something cool. Again, you can check out the YouTube channel here!

What We’re Chatting About This Week
Welcome back to episode 105 of the Personal Profitability Podcast! I'm excited for you to hear this week's episode with Matt Theriault. Why is that? Well, not only is Matt a really cool guy, but he also has a very different story from most of our guests.
After leaving the military, Matt entered a different industry: the record industry! He built a great, thriving business and became a label owner as well. But once the recession happened, what happened to the music industry? That's right… downloads!
However, Matt took what happened, rebounded, and learned from the changing landscape of the digital revolution. Matt shares what he learned with us in this episode – you won't want to miss this unique and engaging story!
This Week’s Guest
Matt Theriault is a USMC “Desert Storm” Veteran who enjoyed 15 successful years in the music business as a record producer and label owner. When the digital download killed the record store, he found virtually everything that he had built become obsolete in a matter of months. The demise of his music business was swift and unforgiving to the point that Matt was forced to start life, personally and professionally, from square one at the age of 34. The transition from a 7-figure year to $7 an hour bagging groceries was a humbling one to say the least.
When the most unlikely of mentors, the grocery store manager, shared with Matt the wisdom “Real estate is the final frontier where the average person has a legitimate shot at creating real wealth,” he embraced it, ran with it and has never looked back.
Theriault, now an accomplished real estate investor and mentor has built a cash flowing real estate portfolio of 100+ units over the last 10 years, is enjoying his financial independence, continues to build his portfolio and has discovered a new passion for creating systems and showing others how to replicate his results.
You will find that his approach to real estate investing is conservative, simple, to the point and efficient. Matt credits his success to performing as much, if not more, due diligence on his real estate team as he does the market and properties themselves.
Social Media

* Facebook
* Twitter
* YouTube
* Pinterest

Other Resources Mentioned

* Epic Real Estate Website
* Epic Real Estate Investing Podcast on Apple Podcasts

]]> Eric Rosenberg - Personal Finance and Entrepreneurship Expert clean 17:49 35944 PPP104: How Investing is Like Dating with Spencer Chambers https://personalprofitability.com/episode104/ Wed, 23 May 2018 15:21:32 +0000 http://3.136.100.179/?p=35942 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>This week's guest is sure to blow your mind – in addition to being a successful entrepreneur, he's also a world traveler, started his own clothing company (hint: under your clothes!), and he's an author on dating + investing. Spencer Chambers is my guest this week, and stick around to hear his tips on being a […]</p> The post <a href="https://personalprofitability.com/episode104/">PPP104: How Investing is Like Dating with Spencer Chambers</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. This week's guest is sure to blow your mind – in addition to being a successful entrepreneur, he's also a world traveler, started his own clothing company (hint: under your clothes!), and he's an author on dating + investing. What We’re Chatting About This Week
Welcome to episode 104 of the Personal Profitability Podcast! I'm excited to welcome this week's guest to the show, Spencer Chambers – this is going to be a really cool episode. Spencer is the founder of the Chambers Organization, plus he started his own underwear line – yes, underwear line! Spencer is a passionate entrepreneur (and an author!). We'll cover a lot in this episode, so stick around!
This Week’s Guest
Spencer Chambers is the author of Dating Your Investments, the first in his Dating series, entrepreneur, and the successful CEO of The Chambers Organization. Providing his strategic expertise in investments, sales, and building, Spencer has positioned himself to become a leader in the real estate industry.
Spencer has also traveled the world extensively in the fashion industry promoting his underwear line Jewls for your Junk as well as the fashion line Nexy. He currently resides in Southern California with his wife and son.
Social Media

* Facebook
* Instagram

Other Resources Mentioned

* SpencerChambers.com
* The Chambers Organization


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Eric Rosenberg - Personal Finance and Entrepreneurship Expert clean 18:43 35942
PPP103: Mastering Your Small Business Finances with Jonathan Ankney https://personalprofitability.com/episode103/ Wed, 16 May 2018 12:00:44 +0000 http://3.136.100.179/?p=35577 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>If you're a creative, small business owner, you probably wanted to start your own business because you believed in your passion. You probably knew that hard work + your passion and talent would take you far – and you're not wrong. However, many small business owners I've met worry about their accounting and small biz […]</p> The post <a href="https://personalprofitability.com/episode103/">PPP103: Mastering Your Small Business Finances with Jonathan Ankney</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. If you're a creative, small business owner, you probably wanted to start your own business because you believed in your passion. You probably knew that hard work + your passion and talent would take you far – and you're not wrong. However, In this episode, I speak with Jonathan Ankney of Your Money and Your Business about small business accounting. There's no reason to fear small business accounting, and in this episode, we'll cover a lot of important topics related to small businesses, bookkeeping, and more.
Don't forget to check out the Personal Profitability Bootcamp, too, which will help you get on track to your path to personal profitability! The bootcamp is only one week, every morning – click here to sign up!

What We’re Chatting About This Week
Welcome to episode 103 – as many of you know, I have a background in corporate finance and accounting. Typically, big companies (like the one I worked for) have employees to do their financial accounting and analysis because they have the budget. But what do small businesses (like many of you) do when they need some financial accounting or bookkeeping work?
I'm chatting with Jonathan Ankney about this very topic in this episode! If you've ever wondered what small business CFOs (Chief Financial Officers) do, you're in for a fascinating discussion. It's super informative, and if you have questions, email me or leave them in the comments below!
This Week’s Guest
Jonathan Ankney is founder of Small Business CFO, a company that provides financial expertise and accounting services to growing small businesses. In addition, he provides financial training to solopreneurs and side hustlers through online courses.
Jonathan originally started out in music though, and as a result of this background has been able to use his creative side to make finance meaningful to people who don't like numbers. He is an active Toastmaster and enjoys bicycling. He offers more free people-friendly financial training at www.yourmoneyandyourbusiness.com.
Social Media

* LinkedIn

Other Resources Mentioned

* YourMoneyAndYourBusiness.com/PersonalProfitability


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PPP102: Money Matters with Jen Hemphill https://personalprofitability.com/episode102/ Wed, 09 May 2018 12:00:15 +0000 http://3.136.100.179/?p=35575 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Today's guest, Jen Hemphill, is a podcaster and author who focuses on finances and financial knowledge, specifically for women. In addition to being a military spouse and a bilingual Latina, Jen is passionate about helping women (and men) get their finances in line with their dreams. Take a listen to this week's episode below! What […]</p> The post <a href="https://personalprofitability.com/episode102/">PPP102: Money Matters with Jen Hemphill</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Today's guest, Jen Hemphill, is a podcaster and author who focuses on finances and financial knowledge, specifically for women. In addition to being a military spouse and a bilingual Latina, Jen is passionate about helping women (and men) get their fin... What We’re Chatting About This Week
This week's guest is from one of my favorite communities, FinCon! Jen Hemphill focuses on helping women with their money. She has a podcast and a book called Her Money Matters (you can find links below!).
We'll talk about living a better “money life” with Jen in this episode, plus she has some cool cultural takeaways from her (busy) life. You don't want to miss this (ad-free!) episode! Also, after you've listened to this episode, make sure to check out Jen's podcast, Her Money Matters.
This Week’s Guest
Jen Hemphill, a military spouse & proud bilingual Latina, helps women (and men) who are tired of the traditional money advice gain a renewed sense of control, confidence, and freedom in their financial life.
She is a Money Confidence Coach, an AFC® (Accredited Financial Counselor) and host of the Her Money Matters Podcast. When she's not talking money, she enjoys a good dance-off, photography, coffee, chocolate, traveling, working out and spending time with her husband and two boys.
Social Media

* Twitter
* Facebook
* LinkedIn
* YouTube

Other Resources Mentioned

* JenHemphill.com
* Her Money Matters Book
* Her Money Matters Podcast


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PPP101: Michael Anderson on the Importance of Financial Planning https://personalprofitability.com/episode101/ Wed, 02 May 2018 12:00:06 +0000 http://3.136.100.179/?p=35572 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Have you ever heard of financial advisors? You may think that financial advisors are only for the wealthy, but they're not! In this week's episode of the Personal Profitability Podcast, I talk with Michael Anderson, a financial planner with the XY Planning Network about financial planning, money lessons, and more. Also, don't forget about the […]</p> The post <a href="https://personalprofitability.com/episode101/">PPP101: Michael Anderson on the Importance of Financial Planning</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Have you ever heard of financial advisors? You may think that financial advisors are only for the wealthy, but they're not! In this week's episode of the Personal Profitability Podcast, I talk with Michael Anderson, Also, don't forget about the Personal Profitability Bootcamp! You can sign up here. It's a free, week-long series on how you can achieve your own personal profitability!

What We’re Chatting About This Week
Welcome to episode 101 of the Personal Profitability Podcast! I'm so excited about this week's guest, because he's my first guest from Ventura, CA (where I live!)
It's a funny story about how we met, actually – all because of one of my favorite conferences, FinCon! Anyway, today's guest has a fascinating story. He grew up in a not-ideal financial situation, learned a lot of lessons, and then became a financial advisor as an adult. Our guest, Michael Anderson, is part of the XY Planning Network, my favorite nationwide, fee-only financial planning network.
In this episode, we're going to cover a lot, but we're particularly going to cover what financial planners do and what you should look out for when you're considering a financial planner. You won't want to miss this episode!
This Week’s Guest
Growing up, my parents didn’t have a plan for their future or even their next thirty days. It was a hand-to-mouth effort each month – one that I vowed not to repeat. My dad always encouraged me to do better than he was able to. When I left for college, I took his encouragement to heart: My goal was to not only do better for myself and my family, but to help others do the same.
I became a Certified Financial Planner (CFP) in 2010 and have been helping individuals and families manage their finances ever since. Solid financial management has had a huge impact on my life, and I find it incredibly gratifying to help others in this way. What I like even more is how financial services have become more accessible to the entire population. Technology has positively disrupted the financial services industry and I have made it my passion to embrace these changes and pass the savings onto you. Traditionally pricey offerings are now much more affordable.
Outside of the office, I love spending time with my wife, Annie, and our three boys. We live in Ventura, CA.
*Fee-Only Planner – Advisor
*Adjunct Faculty at Ventura College
*Radio Program – (local community show)
Social Media

* Maranantha Financial Twitter

Other Resources Mentioned

* Maranantha.com
* FamilyMoneyClass.com
* Allocationlink.com

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Eric Rosenberg - Personal Finance and Entrepreneurship Expert clean 26:16 35572
PPP100: 100th Episode Spectacular! https://personalprofitability.com/episode100/ Wed, 25 Apr 2018 12:00:30 +0000 http://3.136.100.179/?p=35407 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Hey everyone, welcome to episode 100! It's the 100th episode spectacual – and I have a BIG announcement (you might even notice it before I say it!) plus some other things to share. Getting to episode 100 is so exciting and humbling, and while this episode isn't very long, I want to share two of […]</p> The post <a href="https://personalprofitability.com/episode100/">PPP100: 100th Episode Spectacular!</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Hey everyone, welcome to episode 100! It's the 100th episode spectacual – and I have a BIG announcement (you might even notice it before I say it!) plus some other things to share. Getting to episode 100 is so exciting and humbling, Getting to episode 100 is so exciting and humbling, and while this episode isn't very long, I want to share two of the biggest things I've learned since blogging and podcasting (since 2015!).
Don't forget, if you like what you're listening to, please give me a 5 star rating where you listen to podcasts (Apple Podcast, Stitcher, etc.) Also, remember to check out the FREE Personal Profitability Bootcamp here!
What We’re Chatting About This Week
Welcome to episode 100! I'm so excited for this episode and am excited to share a lot of important lessons learned and a special announcement for you in this episode. When I first started podcasting, I never thought I would eventually leave my job to work for myself. But I wasn't an overnight success – my income reports will tell you that! In this episode, I talk about the takeaways I've learned so far in the last 99 episodes of podcasting.
Thank you so much for sticking through all our episodes through all this time – the very first episode was actually published January 2015! If you've been listening since episode 1, you've been listening for over 3 years!
Of course, the podcast has changed a lot since the very beginning – for one, episodes are shorter! I'm always trying to improve for the better (special shout outs to my team and my amazing family!), and I think a lot of the recent episodes have reflected this new and improved change.
Anyway, I sincerely hope you enjoy this episode and stick around for my big announcement!
 
Other Resources Mentioned

* SunburntSaver.com [Melissa's blog, my assistant]
* JoysOfMercy.com [Jennifer's website, my editor]

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Eric Rosenberg - Personal Finance and Entrepreneurship Expert clean 13:58 35407
PPP099: Kristin Wong on How to Get Money! https://personalprofitability.com/episode99/ Wed, 18 Apr 2018 12:00:12 +0000 http://3.136.100.179/?p=35405 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Wow, have I got the episode for you today! Have you ever read an article by Kristin Wong? You probably have, you just don't know it! Kristin is a popular personal finance writer and has written for Lifehacker and the New York Times. In this episode, we'll chat about her new book, personal finance, and […]</p> The post <a href="https://personalprofitability.com/episode99/">PPP099: Kristin Wong on How to Get Money!</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Wow, have I got the episode for you today! Have you ever read an article by Kristin Wong? You probably have, you just don't know it! Kristin is a popular personal finance writer and has written for Lifehacker and the New York Times. In this episode, What We’re Chatting About This Week
We are one episode away from the 100th episode – I have a special announcement I can't wait to share with you! But today you're also in for a treat – we have a great guest on today, someone who has been featured in The New York Times, Lifehacker, and more.
Kristin Wong is an amazing writer who writes about personal finance, budgeting, investing and so much more. She's also the author of a brand new book, Get Money: Live the Life You Want, Not Just the Life You Can. You can buy a copy on Amazon here!
We'll be talking about her book, personal finance and more – enjoy! Want to watch my review of the book on YouTube? You can check out my review and more on my YouTube channel here.
This Week’s Sponsor
This episode is brought to you by GoDaddy. I bought my first domain at GoDaddy, and have the same account there more than ten years later. With competitive prices, industry leading options, and recently updated management consoles, GoDaddy is a great value. Buy yourname.com, yourbusiness.com, or any other domain at GoDaddy.
This Week’s Guest
Kristin Wong is author of the book Get Money and a freelance writer for the New York Times, New York magazine, and Lifehacker.
Social Media

* Twitter
* YouTube

Other Resources Mentioned

* Kristin's Website
* The Get Money Book
* Buy the Book
* Personal Profitability Bookshelf


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Eric Rosenberg - Personal Finance and Entrepreneurship Expert clean 22:56 35405
PPP098: Carl Gould on Success in Business https://personalprofitability.com/episode98/ Wed, 11 Apr 2018 12:00:35 +0000 http://3.136.100.179/?p=35402 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Today's guest really exemplifies living the personal profitability lifestyle. Carl Gould started three, million dollar plus businesses – all before the age of 40. I didn't make a mistake, either – Carl really did create his own personal profitability to the tune of millions, and in this episode he shares his story with us. Also, […]</p> The post <a href="https://personalprofitability.com/episode98/">PPP098: Carl Gould on Success in Business</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Today's guest really exemplifies living the personal profitability lifestyle. Carl Gould started three, million dollar plus businesses – all before the age of 40. I didn't make a mistake, either – Carl really did create his own personal profitability t... Also, don't forget you can pursue your own path to personal profitability with my free Personal Profitability Bootcamp. You can check it out and get started on your own personal profitability journey – just make sure to listen to today's episode first!


What We’re Chatting About This Week
We are only 2 episodes away from the big 1-0-0 Personal Profitability Podcast! You're in for a special treat for episode 100, and if there are any episodes you missed, you might want to check out the past episodes by subscribing to this podcast using the subscribe options to your right. You can listen on Apple iTunes, Stitcher, Google Play and more! On those older episodes, which tended to be a little longer, you can hear more about my journey, how the podcast has changed, and so much more.
On to today's excellent episode: today's guest, before he was 40, started 3 million dollar plus businesses! That's right – three businesses that became million dollar plus businesses, all before he turned 40! Carl Gould, our guest, certainly knows what he's talking about when it comes to business. If you're interested in learning more about business and running a profitable business, you've got to check out this week's episode!
This Week’s Sponsor
Today's episode is brought to you by LootCrate. Get fun and geeky goodies delivered to your door each month featuring exciting brands like Star Wars, DC Comics, The Goonies, Power Rangers (yes!), Lord of the Rings, The Legend of Zelda, and more. Give it a try at TryLootcrate.com/Profit
This Week’s Guests
Carl Gould is a business growth expert, mentor and entrepreneur. He built three multi-million dollar businesses by age 40, has mentored the launch of over 5,000 businesses, and has trained and certified over 7,000 business coaches in 35 countries. Carl has written 3 best-selling books on business strategy and growth (Blueprint for Success, The 7 Stages of Small Business Success, and most recently Biz Dev Done Right). Gould regularly appeared on the home improvement reality TV show “ThisHouseToo”, and each week he co-hosts “Quit and Get Rich” on iHeart® radio. He is the MC for EO Nerve, and Facilitator of Breakthrough the Barriers and the Firewalk Experience. Carl is married with three children and is a member of EO New Jersey.
Social Media

* Facebook
* Twitter
* LinkedIn
* YouTube

Other Resources Mentioned

* CarlGould.com
* Personal Profitability Bootcamp


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Eric Rosenberg - Personal Finance and Entrepreneurship Expert clean 19:48 35402
PPP097: Investing for the Future With Chris Costello https://personalprofitability.com/episode97/ Wed, 04 Apr 2018 12:00:52 +0000 http://3.136.100.179/?p=30108 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Are you worried you're saving enough for retirement, but you're not quite sure what you should focus on? Don't let analysis lead to paralysis – take a listen to this week's podcast episode with retirement pro Chris Costello. Plus, a challenge for all listeners at the end of the episode! What We’re Chatting About This […]</p> The post <a href="https://personalprofitability.com/episode97/">PPP097: Investing for the Future With Chris Costello</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Are you worried you're saving enough for retirement, but you're not quite sure what you should focus on? Don't let analysis lead to paralysis – take a listen to this week's podcast episode with retirement pro Chris Costello. Plus, What We’re Chatting About This Week
We're only 3 episodes away from the big 1-0-0! But until then, I have an excellent episode about 401ks! Not sure if you're saving enough, contributing enough to your retirement, or are you worried about your future? 401ks and retirement investing are really important topics, and it's best to tackle them early.
Today's guest, Chris Costello, is an expert on all things 401ks and knows retirement and investments inside and out. This is a can't-miss episode for your future!
This Week’s Sponsor
Hook your dog up with high quality treats, toys, and more every month with Barkbox. Sign up and you'll have fun, themed boxes show up at your door every month with goodies for your best friend. Treat your dog or give it as a gift! Sign up at getbarkbox.com/profit.
This Week’s Guest
Blooom CEO and Co-Founder, Chris Costello, is one the nation’s foremost experts on 401k accounts and other employee-sponsored retirement plans. Costello and co-founders, Kevin Conrad and Randy AufDerHeide, created Blooom’s first-of-its-kind technology to automate the analyzing, building and re-allocating of clients’ 401ks.
Costello has over two decades of experience building individualized portfolios and has earned the prestigious CERTIFIED FINANCIAL PLANNER™ designation. He was named among the “Ten to Watch in 2016″ by WealthManagement.
Raised in Kansas with “midwest sensibilities,” Costello graduated from Kansas University with a business degree. He still lives in Kansas with his wife and two daughters as a self-described “family maniac.”
Social Media

* Twitter
* Facebook
* LinkedIn
* YouTube

Other Resources Mentioned

* Blooom.com


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PPP096: The Magic Behind Podcast Editing with Corey King https://personalprofitability.com/episode96/ Wed, 28 Mar 2018 12:00:59 +0000 http://3.136.100.179/?p=29798 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Corey King is the founder of PODERR, a professional podcast production service and The Ohio Weather Band, an Americana rock and roll outfit from Akron, OH. If you ever wondered how your favorite podcast hosts (including me!) sound so smooth and seamless – it's probably because of someone like Corey King. The magic behind podcast […]</p> The post <a href="https://personalprofitability.com/episode96/">PPP096: The Magic Behind Podcast Editing with Corey King</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Corey King is the founder of PODERR, a professional podcast production service and The Ohio Weather Band, an Americana rock and roll outfit from Akron, OH. If you ever wondered how your favorite podcast hosts (including me! PODERR, a professional podcast production service and The Ohio Weather Band, an Americana rock and roll outfit from Akron, OH. If you ever wondered how your favorite podcast hosts (including me!) sound so smooth and seamless – it's probably because of someone like Corey King. The magic behind podcast editing with Corey King!

What We’re Chatting About This Week
When you listen to your favorite podcast (hopefully this is one of them!), I bet you never think about all the work that goes on behind the scenes of making that podcast sound amazing and seamless. Well, I can't take credit for how great my podcast sounds – I have a podcast editor!
In this episode, we're going to be marrying two awesome topics: business and podcasting! Did you know there is an entire secret society of podcast editors? It's true – they're the brilliant people behind some of your favorite, great-sounding podcasts (including mine – shout out to my awesome podcast editor, Jennifer!)
Today, I'm talking with Corey King on how he built a business on podcasting – podcast editing, to be specific. Podcasting might not be your thing – maybe you want to build a business behind the scenes. This is the perfect episode for those of you who like audio/podcasting but don't necessarily want to be the face of a podcast!
This Week’s Sponsor
This week's episode is brought to you by Casper, maker of the world's most comfortable mattress and pillow. Head to CasperTrial.com/Profit for $50 off your mattress order of the ridiculously comfortable Casper mattress. As a podcast fan myself, I've heard about Casper for years. I started my personal experience with Casper trying out the Casper pillow, which is my favorite pillow I've ever owned, really! I sleep on it every night. Invest in a good night's sleep at Casper.
This Week’s Guests
Corey King is the founder of PODERR, a professional podcast production service and The Ohio Weather Band, an Americana rock and roll outfit from Akron, OH.
Social Media

* Email Corey
* Facebook
* Twitter

Other Resources Mentioned

* OfferUp App
* LetGo App
* Audacity
* Pro Tools
* Podbean
* $100 Start Up Book
* Personal Profitability Bootcamp


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Eric Rosenberg - Personal Finance and Entrepreneurship Expert clean 17:29 29798
PPP095: Thor Conklin and Building a Profitable Business https://personalprofitability.com/episode95/ Wed, 21 Mar 2018 12:00:30 +0000 http://3.136.100.179/?p=29795 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Thor Conklin is a serial entrepreneur with years of experience founding multiple successful businesses. Drawing on his extensive experience, he now helps entrepreneurs around the world build and launch their own successful businesses. If you want to learn about business from an experienced business coach, dive into this episode with Thor Conklin. What We’re Chatting About This […]</p> The post <a href="https://personalprofitability.com/episode95/">PPP095: Thor Conklin and Building a Profitable Business</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Thor Conklin is a serial entrepreneur with years of experience founding multiple successful businesses. Drawing on his extensive experience, he now helps entrepreneurs around the world build and launch their own successful businesses. What We’re Chatting About This Week
Welcome to episode 95 – we're almost to 100! I'm planning something special for the 100th episode, so stay tuned!
On episode 95, I'm talking to an amazing business coach, Thor Conklin. He's also a serial entrepreneur who has built multiple successful businesses, and in this episode he shares his advice for us on building a profitable business. If you've ever wondered what it takes to build up your business, Thor Conklin has advice on everything from managing systems, achieving profitability – and more.
If you haven't checked it out yet, I also have another podcast with my friend, Whitney Hansen, called Oh No We Didn't! Check it out in the show notes below – we talk about money, religion, politics. It's an audience interactive show and we'd like to hear from you – even if you didn't like it!
This Week’s Sponsor
This episode is brought to you by GoDaddy. I bought my first domain at GoDaddy, and have the same account there more than ten years later. With competitive prices, industry leading options, and recently updated management consoles, GoDaddy is a great value. Buy yourname.com, yourbusiness.com, or any other domain at GoDaddy.
This Week’s Guest
Thor is an entrepreneur, Profitability Consultant and host of the Peak Performers Podcast, with over 400 episodes to date, in 100 countries. The purpose of of his podcast is to engage, educate, entertain and inspire his listeners to excel in any area of life (from business to fitness) through the mastery of Peak Performance™ – knowledge, accountability, execution and ultimately, profit. Thor’s gritty, no nonsense and direct approach uncovers the real truth about what is holding people and organizations back from realizing their full potential.
Social Media

* Twitter @ThorConklin
* Facebook
* Thor@ThorConklin.com

Other Resources Mentioned

* ThorConklin.com
* Oh No We Didn't Podcast

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Eric Rosenberg - Personal Finance and Entrepreneurship Expert clean 21:55 29795
PPP094: Scott Bennett on Skratch & Teen Entrepreneurship https://personalprofitability.com/episode94/ Wed, 14 Mar 2018 12:00:17 +0000 http://3.136.100.179/?p=29715 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Young people used to be able to walk into a restaurant or retail store and easily get a job, but Scott Bennett found that wasn't the case with his kids. Getting a job today is not as easy as it used to be. So Scott created a solution for his kids and a huge number […]</p> The post <a href="https://personalprofitability.com/episode94/">PPP094: Scott Bennett on Skratch & Teen Entrepreneurship</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Young people used to be able to walk into a restaurant or retail store and easily get a job, but Scott Bennett found that wasn't the case with his kids. Getting a job today is not as easy as it used to be. So Scott created a solution for his kids and a...
What We’re Chatting About This Week
Hey there Profiteers! Today's episode is a little different from our usual episodes: we're talking teen entrepreneurship! As the economy has shifted in the last few years, the quintessential teen experience of getting a part-time job has almost disappeared. More adults are staying in those types of jobs, some of those jobs are outsourced or are “doing more with less” – and all this means teens are struggling more than ever to find those typical teen-jobs.
Our guest, Scott Bennett, found this out first hand with his own kids. Instead of just saying “oh well”, he created a company to help teens find jobs. We talk about Scott's entrepreneurial journey of starting this company, plus entrepreneurship for teens and how teens can get business and work experience.
This Week’s Sponsor
Today's episode is brought to you by LootCrate. Get fun and geeky goodies delivered to your door each month featuring exciting brands like Star Wars, DC Comics, The Goonies, Power Rangers (yes!), Lord of the Rings, The Legend of Zelda, and more. Give it a try at TryLootcrate.com/Profit
This Week’s Guest
Scott Bennett is the founder and CEO of Skratch. Building on a 25-year career focused on sales development, revenue generation, and marketing, Scott leads Skratch and oversees management, marketing, and operations.
As a father of two teenage daughters, Bennett first hand saw how teens struggle to find part-time work due to hectic extracurriculars and school schedules, thus prompting him to launch Skratch.
Social Media

* Twitter @GetSkratch
* Facebook
* LinkedIn

Other Resources Mentioned

* Email Scott at Scott@Skratch.co
* Skratch.co


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Eric Rosenberg - Personal Finance and Entrepreneurship Expert clean 21:48 29715
PPP093: The Path to Entrepreneurship with Mike Trotzke https://personalprofitability.com/episode93/ Wed, 07 Mar 2018 13:00:12 +0000 http://3.136.100.179/?p=29712 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Mike Trotzke is CEO of Cheddar, and has run multipole successful businesses in the past. I loved his story and it even inspired me! Learn how Mike went through multiple businesses and solved his own problem with the founding of Cheddar. Learn more in this week's episode of the Personal Profitability Podcast. What We’re Chatting […]</p> The post <a href="https://personalprofitability.com/episode93/">PPP093: The Path to Entrepreneurship with Mike Trotzke</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Mike Trotzke is CEO of Cheddar, and has run multipole successful businesses in the past. I loved his story and it even inspired me! Learn how Mike went through multiple businesses and solved his own problem with the founding of Cheddar.
What We’re Chatting About This Week
One of my passions is serial entrepreneurship – aka starting companies again, and again, and again. Luckily, I get to talk about serial entrepreneurship again today with our guest, Mike Trotzke. Mike has started several businesses and is currently the CEO of Cheddar, a payments company. Fun fact: payments was actually the last industry I was in before I left to become a full-time entrepreneur!
In this episode, we will talk about entrepreneurship, the steps Mike took before he became the CEO of Cheddar, and more. Often, the steps we take before we get to success are just as (if not more) important than the steps we take after we've established success.
Have you missed an episode? You can always find previous episodes and show notes here on Personal Profitability. Also, don't forget to check out my free Personal Profitability Bootcamp – check it out here!
This Week’s Sponsor
Hook your dog up with high quality treats, toys, and more every month with Barkbox. Sign up and you'll have fun, themed boxes show up at your door every month with goodies for your best friend. Treat your dog or give it as a gift! Sign up at getbarkbox.com/profit.
This Week’s Guests
Mike Trotzke is a serial entrepreneur and investor with a passion for technology, user experience, and monetization. Today, he focuses his efforts on helping startups monetize as the CEO of Cheddar, an API-driven and usage-based billing platform.
Social Media

* Facebook
* Cheddar's Twitter @Get_Cheddar
* Mike's Twitter @trotzke

Other Resources Mentioned

* GetCheddar.com
* Personal Profitability Bootcamp

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Eric Rosenberg - Personal Finance and Entrepreneurship Expert 19:21 29712
PPP092: Tom Sylvester, the Serial Entrepreneur https://personalprofitability.com/episode92/ Wed, 28 Feb 2018 13:00:24 +0000 http://3.136.100.179/?p=29709 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Tom Sylvester is a serial entrepreneur. He runs multiple successful businesses including a brick and mortar liquor store! Learn how he made his way out of the rat race and into the world of self-employment in today's episode. What We’re Chatting About This Week Do you ever have one of those moments where you meet […]</p> The post <a href="https://personalprofitability.com/episode92/">PPP092: Tom Sylvester, the Serial Entrepreneur</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Tom Sylvester is a serial entrepreneur. He runs multiple successful businesses including a brick and mortar liquor store! Learn how he made his way out of the rat race and into the world of self-employment in today's episode.
What We’re Chatting About This Week
Do you ever have one of those moments where you meet someone new, and you just totally hit it off? It doesn't happen to me regularly, but it really happened with today's guest! I'm so excited to welcome Tom Sylvester to this episode, episode 92!
Not only is Tom a great guy, but we also have a lot in common (that's another reason why he's a great person!) Tom is a serial entrepreneur, business strategist, plus he opened a wine and liquor store. Okay, so we don't have everything in common, but still! You won't want to miss out on this episode – Tom has a lot of great strategies for entrepreneurs and so much more.
This Week’s Sponsor
This week's episode is brought to you by Casper, maker of the world's most comfortable mattress and pillow. Head to CasperTrial.com/Profit for $50 off your mattress order of the ridiculously comfortable Casper mattress. As a podcast fan myself, I've heard about Casper for years. I started my personal experience with Casper trying out the Casper pillow, which is my favorite pillow I've ever owned, really! I sleep on it every night. Invest in a good night's sleep at Casper.
This Week’s Guests
Tom is an husband, father, serial entrepreneur and business strategist. After college, Tom set a goal to achieve financial freedom by 35. He started by building a real estate investment company, followed by opening a wine and liquor store. These days, Tom spend the majority of his time helping entrepreneurs start and scale their businesses to enable them to achieve financial freedom as well.
Social Media

* Facebook
* Twitter
* Instagram

Other Resources Mentioned

* TomandAriana.com
* Family Entrepreneur Life FB Group


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Eric Rosenberg - Personal Finance and Entrepreneurship Expert 19:52 29709
PPP091: Whitney Nicely on Building a Real Estate Empire https://personalprofitability.com/episode91/ Wed, 21 Feb 2018 13:00:57 +0000 http://3.136.100.179/?p=29702 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Many people wonder how you can start investing in real estate when you don't have six-figures in savings for a down payment. Well Whitney Nicely didn't have big savings, but she did find a way to follow her real estate investing dreams. Join me in welcoming Whitney Nicely, real estate investor extraordinare, to this week's […]</p> The post <a href="https://personalprofitability.com/episode91/">PPP091: Whitney Nicely on Building a Real Estate Empire</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Many people wonder how you can start investing in real estate when you don't have six-figures in savings for a down payment. Well Whitney Nicely didn't have big savings, but she did find a way to follow her real estate investing dreams.
What We’re Chatting About This Week
Today's guest really blew me away while we were talking, and I can't wait for you guys to listen! Whitney Nicely started out on an extremely small income, and now she runs her own real estate empire. How did she do it? Not with fancy degrees or expensive seminars – just the basics!
In this episode, we'll go over what Whitney Nicely did to build her empire, her strategies for success and how you can get started in real estate investing.
If you’re interested in using your IRA to invest in real estate, check out Rocketdollar!
Also, don't forget to check out the Personal Profitability Bootcamp! It's a free, seven-day video series via email that walks you through essential steps to create your own personal profitability. That and so much more! Check it out here.
This Week’s Sponsor
This episode is brought to you by GoDaddy. I bought my first domain at GoDaddy, and have the same account there more than ten years later. With competitive prices, industry leading options, and recently updated management consoles, GoDaddy is a great value. Buy yourname.com, yourbusiness.com, or any other domain at GoDaddy.
This Week’s Guests
Whitney Nicely is an expert property investor, speaker and real estate coach. Today, she’s called the queen of real estate investing in East Tennessee.
But that’s not how she started. Before quitting her 9 to 5, Whitney scraped by on $24,000 a year working a desk job and living on her parents couch. That was in 2013. Now, she owns more than $2.5 million in real estate assets.
And she’s only 33 years old. One of her favorite deals? Early on, she spent $1,500 dollars on a piece of ugly, dirt land and currently rakes in nearly $10,000 a year, from that one property.
On our podcast today, she’s sharing not only her passion for real estate but also, savvy strategies to help you buy property. It’s the kind of information she shares with her coaching clients—motivating them to take the leap into real estate investing. Whitney teaches hundreds of women how they can use no money down, no credit and no banks to finance real estate deals. In less than three years, she’s negotiated nearly 60 real estate deals and generated more than $25,000 in passive income each month.
And you can, too. Whitney empowers other women on how they can create a life of passive real estate income — and freedom out of the rat race.
And yes, Whitney managed to buy all of these properties, while running her own home as a wife and stepmother.
Social Media

* Facebook Group
* Instagram
* YouTube

Other Resources Mentioned

* WhitneyNicely.com
* Personal Profitability Bootcamp




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Eric Rosenberg - Personal Finance and Entrepreneurship Expert 18:43 29702
PPP090: Chris Jones and the Business of Writing https://personalprofitability.com/episode90/ Wed, 14 Feb 2018 13:00:44 +0000 http://3.136.100.179/?p=29699 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Chris Jones has a far more traditional background in writing than I do, which makes him a fun, interesting, and educational guest for today's episode. If you want to write for a living, this interview with Chris Jones is a must listen. What We’re Chatting About This Week I often talk about how people can […]</p> The post <a href="https://personalprofitability.com/episode90/">PPP090: Chris Jones and the Business of Writing</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Chris Jones has a far more traditional background in writing than I do, which makes him a fun, interesting, and educational guest for today's episode. If you want to write for a living, this interview with Chris Jones is a must listen. Chris Jones has a far more traditional background in writing than I do, which makes him a fun, interesting, and educational guest for today's episode. If you want to write for a living, this interview with Chris Jones is a must listen.







What We’re Chatting About This Week



I often talk about how people can freelance or write their way to personal profitability – which is exactly what I did. I've been doing this blogging thing for a while, and it took me years to be financially secure enough to leave my job. 10 years to be exact!



However, I love what I'm doing right now, and I get to spend time with my family while working from home. Today's guest also works from home but came to his path a little different than I did. Chris is an art major and an entrepreneur, and in this episode we discuss entrepreneurship, business writing, and so much more. Take a listen!



This Week’s Sponsor



Today's episode is brought to you by LootCrate. Get fun and geeky goodies delivered to your door each month featuring exciting brands like Star Wars, DC Comics, The Goonies, Power Rangers (yes!), Lord of the Rings, The Legend of Zelda, and more. Give it a try at TryLootcrate.com/Profit



This Week’s Guests



Chris Jones is the author of The Art & Business of Writing: A Practical Guide to the Writing Life, a book targeted at helping new and seasoned authors hone their writing skills, balance their author work-life, and learn ways to better write, promote, and sell their books. He’s also an 3-time Virginia Press Association award-winning journalist and graphic designer, an editor, a content writer, and a speaker.



He has served as a sports writer and sports editor for a daily newspaper, a managing editor, and an editor-in-chief at two magazines, a web content writer for two health websites, and as a marketing copywriter.



He’s had the pleasure of interviewing celebrities and prolific influencers like HGTVs Sabrina Soto, Food Network celebrity chef Rachael Ray, Supernanny Jo Frost, Keegan Allen of ABC Family’s Pretty Little Liars, and TLC’s American Supernanny Deborah Tillman, and two-time Emmy award-winning CBN broadcast journalist Efrem Graham to name a few. His work has been featured in newspapers and magazines from across the United States, news and health websites, and on Huffington Post where he is a contributor.



He hosts The Art & Business of Writing podcast where he interviews writers, authors, and creative professionals who influence the writing world. Some of his guests have included New York Times bestselling author John David Mann, EOFire’s Kate Erickson, and Foundr Magazine CEO Nathan Chan. Jones also co-hosts a weekly radio show called Convocation Radio where he and his co-host, D’Shawn Wright, interview today’s movers and shakers both regionally and nationally.



Chris lives in the Virginia with wife and children. He is coauthoring a new book due out in Summer 2018 with Morgan James Publishing.



Social Media



* Facebook* Twitter* YouTube* Instagram



Other Resources Mentioned



* Ready. Write. Launch!* FREE Press Kit Guide* 20:08 29699
Episode 89: Jason Steele on Credit Cards, Travel Hacking & More https://personalprofitability.com/episode89/ Wed, 07 Feb 2018 13:00:34 +0000 http://3.136.100.179/?p=29103 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Jason Steele is one of the most prolific credit card journalists in the world, and hosts an annual credit card conference alongside the annual FinCon event. Today we talk about credit cards, maximizing your returns, and getting free and cheap travel with smart credit card use. What We’re Chatting About This Week Hey everyone, can […]</p> The post <a href="https://personalprofitability.com/episode89/">Episode 89: Jason Steele on Credit Cards, Travel Hacking & More</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Jason Steele is one of the most prolific credit card journalists in the world, and hosts an annual credit card conference alongside the annual FinCon event. Today we talk about credit cards, maximizing your returns,
What We’re Chatting About This Week
Hey everyone, can you believe we're almost at the 100th episode mark? I should do something special… what do you think?
In this episode, I interview my long-lost brother… just kidding, but close enough! We both have two daughters, we're both private pilots, we're both Jewish, and we both make our livings as full-time freelance bloggers!
This episode was really fun to record, not only because we're so similar, but also because Jason is an expert on credit cards and travel hacking. Jason actually helped my then-girlfriend (now wife) and me get round-trip tickets to Israel for $150, per person. He's good! We'll cover travel hacking and so much more in this episode – take a listen!
This Week’s Sponsor
This week's episode is brought to you by Casper, maker of the world's most comfortable mattress and pillow. Head to 
CasperTrial.com/Profit for $50 off your mattress order of the ridiculously comfortable Casper mattress. As a podcast fan myself, I've heard about Casper for years. I started my personal experience with Casper trying out the Casper pillow, which is my favorite pillow I've ever owned, really! I sleep on it every night. Invest in a good night's sleep at Casper.
This Week’s Guests
Jason Steele is a journalist who specializes in covering credit cards, award travel, and other areas of personal finance. As one of the nation’s leading experts in the credit card industry, Jason’s work has been featured at mainstream outlets such as Yahoo! Finance, MSN Money, and Business Insider.
Jason’s also well known within the community of travel rewards enthusiasts as the Senior Points and Miles Contributor for The Points Guy and other outlets on the subjects of airline rewards and family travel.
Finally, Jason is the founder of CardCon, The Conference for Credit and Credit Card Media.
Social Media

* Twitter @realjasonsteele
* LinkedIn

Other Resources Mentioned

* JasonSteele.com
* CardCon
* FinCon
* Personal Profitability Boot Camp

]]> Eric Rosenberg - Personal Finance and Entrepreneurship Expert 18:39 29103 PPP088: Warren Hogarth Talks Investments and Apps https://personalprofitability.com/episode88/ Wed, 31 Jan 2018 13:00:12 +0000 http://3.136.100.179/?p=29101 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Today's guest has sat on both sides of the investment table. Warren Hogarth has experience as a venture capitalist at Sequoia Capital, a major Silicon Valley investment firm, and now as founder of personal finance app Empower. We get into investments and finance in this fun episode of the Personal Profitability Podcast. What We’re Chatting […]</p> The post <a href="https://personalprofitability.com/episode88/">PPP088: Warren Hogarth Talks Investments and Apps</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Today's guest has sat on both sides of the investment table. Warren Hogarth has experience as a venture capitalist at Sequoia Capital, a major Silicon Valley investment firm, and now as founder of personal finance app Empower. What We’re Chatting About This Week
Before we get started, I wanted to announce my new podcast – Oh No We Didn't! I'm hosting with a good friend, Whitney Hansen, and it's just a really fun time where we talk about a variety of different topics. Click here to check it out!
Also, this podcast is changing times! We're moving from Tuesday to Wednesdays, and of course you can always find the episodes here on Personal Profitability. If you want to be notified on the latest podcast episodes, plus my popular income reports, click here to sign up for emails from me!
On to today's guest: Warren Hogarth! He's a super interesting guy, which we will get into, but a few things you should know. He was a venture capitalist at Sequoia Capital, where he basically helped determine which businesses received financing and which ones didn't. Now, Warren is on the other side of the table as the founder of Empower, a finance app. We'll talk about all of this and so much more – check it out!
This Week’s Sponsor
Hook your dog up with high quality treats, toys, and more every month with Barkbox. Sign up and you'll have fun, themed boxes show up at your door every month with goodies for your best friend. Treat your dog or give it as a gift! Sign up at getbarkbox.com/profit.
This Week’s Guests
Warren Hogarth is a venture capitalist at Sequoia Capital. Warren's current areas of interest include cloud computing, bioinformatics and energy.
Prior to joining Sequoia Capital in 2008, Warren completed his PhD in Chemical Engineering, where he developed fuel cell technology. During this time, he was a visiting Fulbright Scholar to Princeton University and a Guest Scientist at Germany's Fraunhofer Institute for Solar Energy Systems.
Warren has an MBA from Harvard Business School and a PhD in Chemical Engineering from the University of Queensland.
Social Media

* Twitter @warrenhogarth
* Twitter @empowermeapp
* Facebook Empower

Other Resources Mentioned

* Empower.me
* Sequoia Capital

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Eric Rosenberg - Personal Finance and Entrepreneurship Expert 21:01 29101
Episode 87: Jess Perez, Model & CEO https://personalprofitability.com/episode87-jess-perez-model-ceo/ Tue, 23 Jan 2018 13:00:35 +0000 http://3.136.100.179/?p=29099 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Jess Perez became an international supermodel in her quest for a great paycheck and world travel, but found that getting paid in the modeling and fashion industry is not easy or straightforward. To solve the problem, she put on her CEO hat and founded Tycoon, an app for models and other freelance and contract workers […]</p> The post <a href="https://personalprofitability.com/episode87-jess-perez-model-ceo/">Episode 87: Jess Perez, Model & CEO</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Jess Perez became an international supermodel in her quest for a great paycheck and world travel, but found that getting paid in the modeling and fashion industry is not easy or straightforward. To solve the problem, What We’re Chatting About This Week
Welcome to episode 87! This episode's guest is different from our typical guest… she's an international supermodel! What you may not have known is that many people in the modeling and beauty industries are freelancers – like a lot of entrepreneurs I talk to on the Personal Profitability podcast.
This episode's guest, Jess Perez, realized the other freelancers in her industry were struggling with getting paid: they didn't have accounting software, lacked accurate tracking and more. Jess took that knowledge and her own hard work to build her own app, and now she's the CEO of her own start up helping those in the creative industry get paid.
We talk entrepreneurship, getting paid, and more in this episode – you don't want to miss it!
This Week’s Sponsor
This episode is brought to you by GoDaddy. I bought my first domain at GoDaddy, and have the same account there more than ten years later. With competitive prices, industry leading options, and recently updated management consoles, GoDaddy is a great value. Buy yourname.com, yourbusiness.com, or any other domain at GoDaddy.
This Week’s Guests
Jess is a former Sports Illustrated model and now the CEO and founder of Tycoon. Jess created her app to solve a personal pain point as a freelancer: tracking who owed her money and knowing how much she had earned. Close to 15,000 freelancers of varying professions have downloaded the Tycoon app.
Social Media

* Instagram
* Facebook

Other Resources Mentioned

* Tycoon App

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Eric Rosenberg - Personal Finance and Entrepreneurship Expert 21:38 29099
Episode 86: Debbie Drum on Becoming a Better Entrepreneur https://personalprofitability.com/episode86/ Tue, 16 Jan 2018 13:00:13 +0000 http://3.136.100.179/?p=29097 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>This week we welcome Debbie Drum, a multiple time entrepreneur who wrote the book on reading better and faster at the same time. Her goal is to help entrepreneurs like you get more done in less time, and speed reading is just scratching the surface. Join me as I talk to Debbie Drum about speed […]</p> The post <a href="https://personalprofitability.com/episode86/">Episode 86: Debbie Drum on Becoming a Better Entrepreneur</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. This week we welcome Debbie Drum, a multiple time entrepreneur who wrote the book on reading better and faster at the same time. Her goal is to help entrepreneurs like you get more done in less time, and speed reading is just scratching the surface. What We’re Chatting About This Week
Today we're tackling a topic I love: getting more done in less time! Debbie Drum is a multiple-time entrepreneur and the author of Read Better Faster. Some of the best entrepreneurs in the world are famous for reading a lot, like Bill Gates and Elon Musk. But how do you find the time? We'll tackle that question and Debbie's recommendations in this episode! We're also covering some other cool topics, like setting up systems to be more productive – check out the episode for all of Debbie's great tips!
This Week’s Sponsor
Today's episode is brought to you by LootCrate. Get fun and geeky goodies delivered to your door each month featuring exciting brands like Star Wars, DC Comics, The Goonies, Power Rangers (yes!), Lord of the Rings, The Legend of Zelda, and more. Give it a try at TryLootcrate.com/Profit.
This Week’s Guests
Debbie Drum is a Bestselling author, speaker, coach and product developer. She has been marketing online since 2010 and loves working with marketers to better their business, get more exposure, and sell more of their products and services online.
Debbie’s first dollars online came from the wonderful world of Book Publishing and then morphed into Information Product Development, Software Development and working with high end clients in the Internet Marketing Industry.
Debbie loves everything about Internet Marketing and is always working on crafting her skills to help others succeed.
Social Media

* Facebook
* Instagram
* Twitter

Other Resources Mentioned

* Read Better Faster on Amazon
* Podcast Addict
* DebbieDrum.com

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Eric Rosenberg - Personal Finance and Entrepreneurship Expert 19:42 29097
PPP085: Tim & Amy Rutherford on Spending Less and Living More https://personalprofitability.com/episode85/ Tue, 09 Jan 2018 13:00:12 +0000 http://3.136.100.179/?p=28477 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Tim and Amy Rutherford left the world of lavish behind and now use their money to live life on their own terms. Learn how this couple went from big bills to big savings, and help others follow in their footsteps of using your money to live the life you want.  What We’re Chatting About This […]</p> The post <a href="https://personalprofitability.com/episode85/">PPP085: Tim & Amy Rutherford on Spending Less and Living More</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Tim and Amy Rutherford left the world of lavish behind and now use their money to live life on their own terms. Learn how this couple went from big bills to big savings, and help others follow in their footsteps of using your money to live the life you... What We’re Chatting About This Week
Welcome to the latest episode! A quick episode on everyone here at Personal Profitability, post-fire: we're all doing well! Thank you all for your emails and kind words on social media – we appreciate it! In addition, things have calmed down (for the better) on the income front, too. You can check out the latest income reports (all of 2017!) here.
Speaking of big incomes, today's guests made huge incomes but spent so much, they really didn't have much to show for it. They soon realized a lot of the things they were spending their money on weren't what they really cared about or valued. They made huge changes to their lives, and today we talk about that and more!
This Week’s Sponsor
This week's episode is brought to you by Casper, maker of the world's most comfortable mattress and pillow. Head to CasperTrial.com/Profit for $50 off your mattress order of the ridiculously comfortable Casper mattress. As a podcast fan myself, I've heard about Casper for years. I started my personal experience with Casper trying out the Casper pillow, which is my favorite pillow I've ever owned, really! I sleep on it every night. Invest in a good night's sleep at Casper.
This Week’s Guests
In 2006, Tim and Amy met in colorful Colorado. Back then, they were mindless spenders. They tracked every penny they spent and weren’t concerned about the big dollars that were flowing out of their bank account. They thought their spending level was okay because they weren’t in debt (other than their mortgage) and were maxing out their 401ks while adding to our savings and investment accounts at a steady pace. Even so, they spent an average of $115,000 per year for many years. This number doesn’t include income taxes, savings or payments to our mortgage principal. JUST SPENDING! When they started to look into their retirement, they assumed they would spend $120,000 a year.
Tim and Amy had an epiphany in 2014. Spending less meant they didn’t have to work as long. Cutting back made them happier and kept moving up their planned retirement date. By living with less, they were able to say goodbye to their careers in 2015.
Social Media

* Go With Less Website
* Facebook
* Twitter
* Pinterest
* Instagram

Other Resources Mentioned

* CardCon
* Chase Sapphire Reserve
* Southwest Companion Pass

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Eric Rosenberg - Personal Finance and Entrepreneurship Expert 24:05 28477
PPP084: Catherine Treme on How Your Personality Can Affect Your Money https://personalprofitability.com/episode84/ Tue, 02 Jan 2018 13:00:55 +0000 http://3.136.100.179/?p=28662 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>In school, I remember doing Myers-Briggs personality tests. I found myself to be an ENTJ according to the test, or extrovert, intuition, thinking, judging personality type. But little did I connect my ENTJ results with my business acumen and personal finance success. Today's guest, Catherine Treme, is an expert in connecting your personality type with […]</p> The post <a href="https://personalprofitability.com/episode84/">PPP084: Catherine Treme on How Your Personality Can Affect Your Money</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. In school, I remember doing Myers-Briggs personality tests. I found myself to be an ENTJ according to the test, or extrovert, intuition, thinking, judging personality type. But little did I connect my ENTJ results with my business acumen and personal f... In school, I remember doing Myers-Briggs personality tests. I found myself to be an ENTJ according to the test, or extrovert, intuition, thinking, judging personality type. But little did I connect my ENTJ results with my business acumen and personal finance success. Today's guest, Catherine Treme, is an expert in connecting your personality type with your financial behaviors. Dive into today's episode with expert Catherine Treme to learn about your personality type and how use can leverage it to master your money.







What We’re Chatting About This Week



Happy 2018! It's a busy year for me – I decided to take on another podcast! I recently started a podcast with a good friend, Whitney Hansen, and you can check out the Oh No We Didn't podcast on iTunes or where ever you listen to podcasts. We have a lot of fun episodes coming up and there's a lot to talk about!



Today, I'm talking to Catherine Treme about how your personality (remember those old Myers Briggs tests?) can affect your money mindset. On Catherine's website, she helps you figure out your personality type and how it related to your money habits. Today we're chatting about personality, money habits, and so much more.



This Week’s Sponsor



Today's episode is brought to you by LootCrate. Get fun and geeky goodies delivered to your door each month featuring exciting brands like Star Wars, DC Comics, The Goonies, Power Rangers (yes!), Lord of the Rings, The Legend of Zelda, and more. Give it a try at TryLootcrate.com/Profit.



This Week’s Guest



Catherine Treme is a behavioral finance expert with an emphasis on Myers Briggs Personality Type Indicator. You can check out her articles at myworkmoneylife.com and her e-course about how to better utilize your money by maximizing your personality type, mymoneypersonality.com



Social Media



* Facebook* Twitter



Other Resources Mentioned



* Oh No We Didn't Podcast







This post was originally published on January 2, 2018 and updated on December 13, 2019.
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Eric Rosenberg - Personal Finance and Entrepreneurship Expert 21:51 28662
PPP083: Becoming a Creative Entrepreneur with Minette Riordan https://personalprofitability.com/episode83/ Tue, 26 Dec 2017 13:00:54 +0000 http://3.136.100.179/?p=28265 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Dr. Minette Riordan started her career with a great education, and has since founded multiple businesses. Learn from this serial entrepreneur as we talk about making money as a creative entrepreneur, and mastering your money as more and more dollars flow in the door. All this and more in this week's episode of the Personal […]</p> The post <a href="https://personalprofitability.com/episode83/">PPP083: Becoming a Creative Entrepreneur with Minette Riordan</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Dr. Minette Riordan started her career with a great education, and has since founded multiple businesses. Learn from this serial entrepreneur as we talk about making money as a creative entrepreneur, and mastering your money as more and more dollars fl... What We’re Chatting About This Week
We don't typically have a lot of PhDs on this show, so I'm excited to welcome Dr. Minette Riordan to the show! Dr. Riordan has a fascinating background, which we'll get into, and she's pivoted into different businesses as well. She's been extraordinarily successful and currently runs a podcast with her husband – which I was on recently!
In this episode, we're talking entrepreneurship, being a creative entrepreneur and mastering your money. If you're looking for inspirational advice on getting your life and career on track (and who doesn't?) check out this interview with Dr. Minette Riordan.
This Week’s Sponsor
This episode is brought to you by GoDaddy. I bought my first domain at GoDaddy, and have the same account there more than ten years later. With competitive prices, industry leading options, and recently updated management consoles, GoDaddy is a great value. Buy yourname.com, yourbusiness.com, or any other domain at GoDaddy.
This Week’s Guest
Award-Winning Entrepreneur and Best-Selling Author of The Artful Marketer, Dr. Minette Riordan is an expert in marketing, sales and money mindset. She is passionate about helping creative entrepreneurs to make great money doing the work they love, without burning out.
During the 11 years she owned her first business, she struggled to make a profit even though she was grossing hundreds of thousands of dollars. She felt like she was working too hard with too little to show for it. She was exhausted, with little or no energy left for her husband and young children.
Everything changed hen she finally discovered the secrets to building a profitable business. She was able to turn her failing business around and eventually to sell it. She is passionate about sharing these secrets with other creative business owners. Minette has now taught her step-by-step creative business planning system to hundreds of creative entrepreneurs who are changing the world through successful entrepreneurship. Learn more at www.PathtoProfitAcademy.com
Social Media

* Facebook – Minette Riordan, Ph.D. – Coach, Author, Speaker
* Facebook – Path to Profit Academy
* Twitter

Other Resources Mentioned

* Path to Profit Academy Podcast; Episode 73: Making a Living as a Freelance Writer, with Eric Rosenberg
* What's Your Creative Business Archetype?
* Oh No We Didn't Podcast

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Eric Rosenberg - Personal Finance and Entrepreneurship Expert 24:21 28265
PPP082: Reaching Financial Freedom with Jamila Souffrant https://personalprofitability.com/episode82/ Tue, 19 Dec 2017 13:00:17 +0000 http://3.136.100.179/?p=28267 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Jamila Souffrant wasn't always good with money, but she took the time and effort to become a certified expert. Join us in this episode as we talk about some of the most important financial habits and money moves you can make to reach your best level of financial success. What We’re Chatting About This Week […]</p> The post <a href="https://personalprofitability.com/episode82/">PPP082: Reaching Financial Freedom with Jamila Souffrant</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Jamila Souffrant wasn't always good with money, but she took the time and effort to become a certified expert. Join us in this episode as we talk about some of the most important financial habits and money moves you can make to reach your best level of... What We’re Chatting About This Week
Thank you so much to everyone who's reached out to us and supported me and my family over the past few weeks – we've survived the Thomas Fire and we had a new baby! Everyone is healthy and fine, but you can listen to our harrowing (with the fire) and delightful (with our new baby) story here.
We're back to our regularly scheduled episodes now, and today I'm thrilled to speak with Jamila Souffrant. She's truly inspirational – not only does she write about personal finance, but she walks the walk as well. She realized she didn't know much about money when she started out, and she made it her mission to become more informed about money.
Now, Jamila is a Certified Financial Education Instructor, so she knows her stuff. In 2016, she and her husband saved over $85,000 and this year they're on track to save $93,000. That's incredible! She has a lot to share with us today, so you definitely won't want to miss this episode.
This Week’s Sponsor
Hook your dog up with high quality treats, toys, and more every month with Barkbox. Sign up and you'll have fun, themed boxes show up at your door every month with goodies for your best friend. Treat your dog or give it as a gift! Sign up at getbarkbox.com/profit.
This Week’s Guest
Jamila Souffrant is a Certified Financial Education Instructor (CFEI), podcaster, blogger, money coach and founder of JourneyToLaunch.com where she shares her journey to reach Financial Freedom and helps others do the same. As a money expert who “walks her talk” she helps brave Journeyers; gain clarity around their finances and create an actionable plan to reach their goals.
She is also a mom of two young boys and currently lives in NYC. Her mission is to teach, inspire and help others reach Financial Freedom.
Social Media

* Website
* Instagram
* Facebook Page
* Facebook Group
* Twitter
* Pinterest

Other Resources Mentioned

* YNAB
* Mint
* Personal Capital




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Eric Rosenberg - Personal Finance and Entrepreneurship Expert 17:55 28267
PPP081: Thomas Fire Evacuation and Fire Baby https://personalprofitability.com/episode81-2/ Tue, 12 Dec 2017 13:00:47 +0000 http://3.136.100.179/?p=28473 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>In the early hours of Tuesday morning last week, a neighbor knocked on my door, waking my family from a sound sleep. When I opened the door, he told me that we may have to pack up and evacuate for a fire. Stepping out into my driveway, I could see a hillside awash in flames. […]</p> The post <a href="https://personalprofitability.com/episode81-2/">PPP081: Thomas Fire Evacuation and Fire Baby</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. In the early hours of Tuesday morning last week, a neighbor knocked on my door, waking my family from a sound sleep. When I opened the door, he told me that we may have to pack up and evacuate for a fire. Stepping out into my driveway,
To say that this was the most exciting, scary, happy, and exhausting week of my life wouldn't fully capture everything that happened. We had to race from our home at 4:30am on December 5th, and made our way to Carpinteria, about a half hour drive away, to stay with my in-laws. That evening, my wife, who was 39 weeks pregnant, went into labor.
I wrote the whole story here on my personal blog, and share it in this week's episode. Here is a short video to get a taste of what was happening on my block as we were getting ready to evacuate. Ultimately, six homes were completely destroyed within a block of my house.

#ThomasFire house on the hill above my neighborhood just caught fire pic.twitter.com/vkEiEMeDPW
— Eric Rosenberg (@EricProfits) December 5, 2017

The story of a “fire baby” is quite sensational, and I ended up with live interviews on HLN and CNN, and taped recordings for CBC and KISS-FM. I'm happy to share that as of now I'm back home and safe. We had visitors, family evacuated from their home in Carpinteria, the last two nights. But as of now it seems things are calming down here.
Additional reading

* The Craziest 72 Hours of My Life: Fires and Babies

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Eric Rosenberg - Personal Finance and Entrepreneurship Expert 21:56 28473
PPP080: Make Your Money Roar with Tim Hong and MoneyLion https://personalprofitability.com/episode80/ Tue, 05 Dec 2017 21:17:13 +0000 http://3.136.100.179/?p=28100 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>MoneyLion is a new and popular personal finance app designed to help you consolidate and get out of debt, improve savings, and maximize your investments. Today we sit down with Chief Marketing Officer Tim Hong, and MIT and Stanford grad who has spent more than two years trying to help you with your money at […]</p> The post <a href="https://personalprofitability.com/episode80/">PPP080: Make Your Money Roar with Tim Hong and MoneyLion</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. MoneyLion is a new and popular personal finance app designed to help you consolidate and get out of debt, improve savings, and maximize your investments. Today we sit down with Chief Marketing Officer Tim Hong, What We’re Chatting About This Week
Today we're talking about one of my passions: money apps! We're speaking with the CMO of MoneyLion, Tim Hong, a cool and emerging app for money management.
We're not just talking about the app, either – we're going into some serious personal financial strategies too. We cover everything from moves you can make in personal finance, to making your money work for you.
Thank you to listener “theSpikeHLL” for your 5 star review of the Personal Profitability Podcast! I really appreciate your recommendations to friends and family. It means a lot when listeners who enjoy PPP leave me a comment and rating on iTunes (or wherever you listen to podcasts).
This Week’s Sponsor
Hook your dog up with high quality treats, toys, and more every month with Barkbox. Sign up and you'll have fun, themed boxes show up at your door every month with goodies for your best friend. Treat your dog or give it as a gift! Sign up at getbarkbox.com/profit.
This Week’s Guest
Tim Hong is the Chief Marketing Officer at MoneyLion. Before joining MoneyLion, Tim was a member of the founding team at Tsumobi Inc, a peer-to-peer messaging software company. Prior to that Tim was SVP, Product Development & Analytics at EmSense, a global market research firm applying neuroscience and machine learning techniques for Fortune 500 clients. He holds a master’s degree from Stanford University as well as Bachelor of Science degrees in Materials Science & Engineering and Physics from MIT.

* MoneyLion.com

Social Media

* Facebook

Other Resources Mentioned

* The Personal Finance Arsenal: Tools to Save Money, Time, and Headache
* Mint.com


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Eric Rosenberg - Personal Finance and Entrepreneurship Expert 17:37 28100
PPP079: Andrea Klunder https://personalprofitability.com/episode79/ Tue, 28 Nov 2017 13:00:10 +0000 http://3.136.100.179/?p=26058 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Today we welcome guest Andrea Klunder, who I met at Podcast Movement in Anaheim earlier this year. She's also a podcaster and entrepreneur at The Creative Imposter. Join us as we learn from this serial entrepreneur in this week's episode. What We’re Chatting About This Week Today's podcast interview came about in a pretty interesting […]</p> The post <a href="https://personalprofitability.com/episode79/">PPP079: Andrea Klunder</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Today we welcome guest Andrea Klunder, who I met at Podcast Movement in Anaheim earlier this year. She's also a podcaster and entrepreneur at The Creative Imposter. Join us as we learn from this serial entrepreneur in this week's episode. What We’re Chatting About This Week
Today's podcast interview came about in a pretty interesting way. You know how when you go to conferences, sometimes speakers will do an “ice breaker” like “introduce yourself to your neighbor!” Well, that happened to me, and I happened to be sitting next to Andrea!
You never know who you're going to meet out there or how they're going to influence your life, and today we're chatting with Andrea Klunder – who I never would have met if I just stayed inside my comfort zone. Fun fact: a week ago was Andrea's birthday. Would you join me in wishing her a happy birthday on Twitter? The link to tweet her is below!
Also, if you haven't done so already, please leave us a review on iTunes or where ever you listen to podcasts. It's the cheapest way to support this podcast – it's free! You can also leave questions for me to answer here.
This Week’s Sponsor
Hook your dog up with high quality treats, toys, and more every month with Barkbox. Sign up and you'll have fun, themed boxes show up at your door every month with goodies for your best friend. Treat your dog or give it as a gift! Sign up at getbarkbox.com/profit.
This Week’s Guest
Andrea is the producer and host of The Creative Impostor, a podcast about how to take bold action in your life and work, despite the little voice in your head that says, “Who do you think you are? You can’t do THAT!”
In 2017, she launched Season 1 of Power Your Story, a podcast made for students by students at a high school for students with diverse learning challenges in Chicago. And she created Podcast Envy and The Creative Impostor Studios to to help other creative visionaries use the power of podcasting as a tool for connection, storytelling and being seen via your authentic voice.
Andrea is also a meditation and yoga teacher for children and grown-ups who want a playful experience of peaceful practices to live and work more creatively and authentically.
For a free audio gift from Andrea, visit thecreativeimpostor.com/magic.

* The Creative Imposter
* Twitter <– Leave birthday messages here!
* Facebook
* Podcast Envy

Other Resources Mentioned

* Podcast Movement

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Eric Rosenberg - Personal Finance and Entrepreneurship Expert 25:59 26058
PPP078: Retirement Planning with Christine Russell https://personalprofitability.com/episode78/ Tue, 21 Nov 2017 13:00:58 +0000 http://3.136.100.179/?p=26527 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>If you want world-class advice on investing, there is no better place to go than an investment professional, and that's who we have on the show today. Please join me in welcoming guest Christine Russell, Senior Manager of Retirement and Annuities at TD Ameritrade. After running her own business, she joined up at TD Ameritrade […]</p> The post <a href="https://personalprofitability.com/episode78/">PPP078: Retirement Planning with Christine Russell</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. If you want world-class advice on investing, there is no better place to go than an investment professional, and that's who we have on the show today. Please join me in welcoming guest Christine Russell, Senior Manager of Retirement and Annuities at TD... If you want world-class advice on investing, there is no better place to go than an investment professional, and that's who we have on the show today. Please join me in welcoming guest Christine Russell, Senior Manager of Retirement and Annuities at TD Ameritrade. After running her own business, she joined up at TD Ameritrade and joins us today to chat about retirement planning and making sure you are on the right track.







What We’re Chatting About This Week



We start this week's chat with a quick, important announcement from me – the Personal Profitability Pro Mastermind! I'm launching a program where you can work with me one-on-one and in a group setting, called the Personal Profitability Pro Mastermind. I created this mastermind for you based on the success I had with a mastermind I'm in with other dad entrepreneurs. My old mastermind included past guest Philip “PT” Taylor. (check out my interview with him here).



The mastermind group I initially joined a few years ago has propelled my future in ways I couldn't even predict – including leaving my job to become a full-time entrepreneur. That mastermind was an accountability tool that kept me moving forward – and now I want to help you do the same.



Note: there are only seven spots available in this mastermind, and applications for the mastermind open on Black Friday. Enrollment will be rolling, which means when I get seven good group members, enrollment closes!



Kicking off our chat with Christine, we're talking all about retirement. Have you ever looked at your retirement accounts and wondered if you were doing it right? Maybe you're not sure you're even saving enough!



Luckily, I have Christine Russell with TD Ameritrade on the show today, and we get into the nitty-gritty of all things retirement accounts. We really cover a lot, so stick around and check out the interview to get your questions answered.



This Week’s Sponsor



Hook your dog up with high quality treats, toys, and more every month with Barkbox. Sign up and you'll have fun, themed boxes show up at your door every month with goodies for your best friend. Treat your dog or give it as a gift! Sign up at getbarkbox.com/profit.



This Week’s Guest



As a Senior Manager of Retirement and Annuities, Christine Russell is responsible for the development and management of retirement products, tools and services at TD Ameritrade with a particular focus on retirement income planning.



Before joining TD Ameritrade, Russell founded and managed a retirement consulting firm, Christine Russell Retirement Consulting, where she developed marketing and business-building programs for IRA and 401(k) plan products. Russell has over two decades of experience in the financial services industry, including running a full-service 401(k) business at Wilmington Trust, to overseeing a Large Market 401(k) team at Vanguard, to launching the New Beginnings Retirement Income initiative at Bank of New York Mellon/Dreyfus Investments.



Russell earned her B.A. in Policy and Management at Dickinson College. She holds several retirement designations, including the QPA and QKA through the American Society of Pension Professionals and Actuaries, the AIF through the Center for Fiduciary Studies, and the RMA through the Retirement Income Industry Association. She is Series 7 licensed.



* 25:04 26527
PPP077: Maximizing The Dollars You Keep with Garrett Gunderson https://personalprofitability.com/episode77/ Tue, 14 Nov 2017 13:30:47 +0000 http://3.136.100.179/?p=26531 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Garrett Gunderson is a best-selling author and the man behind Wealth Factory, a business designed to help entrepreneurs optimize their personal and business finances to reach the best possible success. If you love keeping it profitable, you will love this chat with Garrett Gunderson. What We’re Chatting About This Week We start our chat discussing […]</p> The post <a href="https://personalprofitability.com/episode77/">PPP077: Maximizing The Dollars You Keep with Garrett Gunderson</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Garrett Gunderson is a best-selling author and the man behind Wealth Factory, a business designed to help entrepreneurs optimize their personal and business finances to reach the best possible success. If you love keeping it profitable,
What We’re Chatting About This Week
We start our chat discussing the difference between revenue and profits. Back in my days as a Boy Scout camp staffer, one summer I ran the camp stores. I had a revenue goal each week, and I hit that goal all but one week of the summer. One day my boss told me that expenses were up as well, and I responded that “you gave me a revenue goal, not a profit goal.” I worked toward the goal I was given. When you own a business yourself, revenue is great for bragging rights, but it's what you bring home, the profit, that counts.
Garrett started a business as a teenager washing cars and won a $5,000 entrepreneurship prize. Rather than blow it on video games like most high school guys, he decided to invest the money and try to grow his wealth and leave his old, small hometown. He found a combination of good and bad information about managing his finances, and eventually found an internship in the wealth management space.
As the tech bubble burst and investors fled the markets, he was interested in finding options to profit when others are watching their financial situation go into turmoil. After traveling around meeting professional investors, he started finding trends where wealthy families were finding the best success. That led him to better understand taxes, investments, insurance, and other financial management techniques. He isn't into money management, he's into money efficiency.
Garrett has lots of great strategies to improve your money, but you have to listen to get his five part framework and other tips to maximize your personal profits.
This Week’s Sponsor
This week's episode is brought to you by Casper, maker of the world's most comfortable mattress and pillow. Head to 
CasperTrial.com/Profit for $50 off your mattress order of the ridiculously comfortable Casper mattress. As a podcast fan myself, I've heard about Casper for years. I started my personal experience with Casper trying out the Casper pillow, which is my favorite pillow I've ever owned, really! I sleep on it every night. Invest in a good night's sleep at Casper.
This Week’s Guest
Garrett is Chief Wealth Architect at Wealth Factory and author of the NY Times best-seller, Killing Sacred Cows. Wealth Factory helps entrepreneurs optimize cash flow, streamline their finances and keep more of their hard-earned money so they can make more powerful investments in their best wealth creator: their business. Garrett has appeared multiple times on ABC News Now, Your World with Neil Cavuto on Fox, CNBC’s Squawk on the Street and more — and his first firm made the Inc 500.

* Wealth Factory
* Killing Sacred Cows (Garrett's Book)
* Garrett on Twitter

Other Resources Mentioned

* PPP065: Micro Real Estate Investments with Clayton Morris
* PPP066: Mobile Home Investing with Jefferson Lilly


]]> Eric Rosenberg - Personal Finance and Entrepreneurship Expert 21:16 26531 PPP076: Taking Your Side Hustle Full-Time with Chenell Tull https://personalprofitability.com/episode76/ Tue, 14 Nov 2017 13:00:00 +0000 http://3.136.100.179/?p=25478 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>There's little I love more than a good “I quit my job” story, and today's comes from my friend Chenell Tull. I met Chenell at FinCon a couple of years back, and excitedly watched from the sidelines as she turned her side hustle into a full-time income. Like me, it all started with a personal […]</p> The post <a href="https://personalprofitability.com/episode76/">PPP076: Taking Your Side Hustle Full-Time with Chenell Tull</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. There's little I love more than a good “I quit my job” story, and today's comes from my friend Chenell Tull. I met Chenell at FinCon a couple of years back, and excitedly watched from the sidelines as she turned her side hustle into a full-time income....
What We’re Chatting About This Week
Chenell did not have a long-time goal of leaving her day job, prior to that she was happy working for a big organization with a steady paycheck. In her job, she worked with the web, but it wasn't until 2015 when she realized she may be able to quit her job and use her online marketing skills to build her own profitable business.
Her old day job lasted about seven years, and after discovering Pat Flynn's Smart Passive Income blog in 2014, decided to use her skills in online marketing ads and campaigns with paying clients. She built her personal finance blog, Bright Cents, and built up her digital marketing skills. She started taking clients on the side, and eventually saw her side hustle income grow to a point she could make a living without her day job salary. She went full-time in June, 2017!
She didn't start out online on a path to running her own online marketing company, she started with a personal finance blog aimed at helping people with the same financial struggles she faced on a daily basis. Getting out of debt and managing money were primary topics, and the blog kept her accountable along the way. She tried to make a few bucks with affiliate marketing, following Pat Flynn's model, but digital marketing landed in her lap with a family client.
She took over the online marketing for her step-Dad's business, and used the results as a portfolio to start charging outside clients. She worked for her family for free in the beginning, and still gives her step-Dad's business a family discount, but building his online presence from scratch led to great results. With a portfolio of real-world experience, she started finding real, paid clients. Many of those clients came through her LinkedIn profile.
After updating her LinkedIn profile, members of the FinCon community suggested working with Chenell in the community's Facebook group. That was the source of most of her early clients. Networking, improving her skills, and doing a great job for clients let her build her business.
Chenell charges clients a fixed monthly recurring rate to her clients rather than charging hourly. She focuses on the value she delivers to clients, not the number of hours she sits behind the keyboard on client projects. By showing clients the value she produces for them, it is easy to justify the costs of an online marketing pro.
This Week’s Sponsor
This episode is brought to you by GoDaddy. I bought my first domain at GoDaddy, and have the same account there more than ten years later. With competitive prices, industry leading options, and recently updated management consoles, GoDaddy is a great value. Buy yourname.com, yourbusiness.com, or any other domain at GoDaddy.
This Week’s Guest
Chenell Tull and recently quit her day job to try and make a living on my own. In the past, she'd written a lot about paying off student loans, but have since been saving money so she could quit her full-time job. She runs Conversion Owl Marketing.

* Conversion Owl Marketing
* Hustle to Startup
* Chenell Tull on LinkedIn
* Chenell Tull on Twitter

Other Resources Mentioned

* 17:19 25478
PPP075: From Student Loans to Money Mastery with Whitney Hansen https://personalprofitability.com/episode75/ Tue, 31 Oct 2017 12:00:48 +0000 http://3.136.100.179/?p=25402 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Whitney Hansen has a background in accounting, but it takes more than just knowing about money to succeed in personal finance. In this week's episode, we talk about taking action around your money on the path to profitability. What We’re Chatting About This Week This week's guest Whitney Hansen has always been interested in money, […]</p> The post <a href="https://personalprofitability.com/episode75/">PPP075: From Student Loans to Money Mastery with Whitney Hansen</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Whitney Hansen has a background in accounting, but it takes more than just knowing about money to succeed in personal finance. In this week's episode, we talk about taking action around your money on the path to profitability.
What We’re Chatting About This Week
This week's guest Whitney Hansen has always been interested in money, hustling, and self-improvement. After getting an accounting degree, Whitney made a serious budgeting plan to get out of $30,000 of student loan debt in 12 months.
Whitney rented out her house (that she bought when she was 19), sold her furniture, and lived on a ramen budget and paid off her loans in just 10 months. Yes, $30,000 of student loan debt in 10 months. That
puts my student loan payoff ($40,000 in two years) to shame!
Would she do it again? Absolutely. “I think it's the greatest thing I've ever done for my financial life.” She proved to herself with that sacrifice that if she can do something amazing. If she can do that thing at 21 years old, imagine what she can do in her financial future.
At the end of the payoff, she celebrated with a trip to Hawaii where she hiked all over. I love this success story with money. If she can do it, you can do it!
Next we get into side hustles. If you're a new listener, check back to the archives for some awesome side hustle and entrepreneurial inspiration and advice. I share the details about one side hustle where I found a box of records by the dumpster and turned it into hundreds of dollars in my pocket.
You can always earn more, but you can only budget so much. Remember that when looking at opportunities to fix your finances.
If you are in debt, weighing savings versus debt payoff is tough. Whitney suggests saving at least your insurance deductibles in cash just in case you need it. I am a big fan of saving an emergency fund before go all-out for your debt payoff.
From budgets to entrepreneurship, this is a fun episode. I hope you have as much fun with Whitney as I did!
This Week’s Sponsor
Today's episode is brought to you by LootCrate. Get fun and geeky goodies delivered to your door each month featuring exciting brands like Star Wars, DC Comics, The Goonies, Power Rangers (yes!), Lord of the Rings, The Legend of Zelda, and more. Give it a try at TryLootcrate.com/Profit.
This Week’s Guest
Whitney Hansen is a personal finance coach and entrepreneur. She teaches overwhelmed millennials how to pay off debt and be financially independent. She gives them the tools to have more fun with money while sprinkling in a little silliness. Some of her accomplishments are paying off $30,000 in 10 months, buying her first home at 19, and paying $472 for her master's degree.

* The Money Nerds Podcast
* WhitneyHansen.com
* Twitter
* Facebook

]]> Eric Rosenberg - Personal Finance and Entrepreneurship Expert 23:10 25402 PPP074: From Pro Sports Pro Branding to Dennis Langlais https://personalprofitability.com/episode74/ Tue, 24 Oct 2017 12:00:46 +0000 http://3.136.100.179/?p=25405 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Dennis Langlais started his career as a pro BMX cyclist. After a great run as a profession athlete, Dennis has his sights set on building a sustainable business leveraging his knowledge of events and marketing from his BMX days. Learn how he looked to his past skills and experience to find a path to a […]</p> The post <a href="https://personalprofitability.com/episode74/">PPP074: From Pro Sports Pro Branding to Dennis Langlais</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Dennis Langlais started his career as a pro BMX cyclist. After a great run as a profession athlete, Dennis has his sights set on building a sustainable business leveraging his knowledge of events and marketing from his BMX days.
What We’re Chatting About This Week
Like many kids, Dennis Langlais wanted to be a professional baseball player. Unlike most of us, he did become a professional athlete, just not on the path he first expected. After running into local BMX culture, Dennis built up his skills and hit the road as a touring BMX cyclist. Sponsored by big brands, he traveled the world and had incredible experiences at an age most of us were sitting in high school classrooms.
Dennis found that building an audience as an online entrepreneur is not the same as when you are in magazines and TV shows, but as a podcaster Dennis understands you have to build a “celebrity” persona around yourself. As an athlete, much of this happens around you and for you, but capturing that and taking it with you in the future is not easy. Between fostering your brand and focusing on your craft and paycheck, balancing competing demands is not something many athletes or performers do well.
Sponsorships for the BMX circuit dried up in the Great Recession, and Dennis started the transition to the next phase of his career. He started working at special events, taking small appearances, and doing school assemblies. Now, instead of competing, he would show off his BMX skills at corporate and education events where they would get paid for their entertainment value.
Marketing is also a heck of a lot different today. With digital cameras and microphones we can create high quality shows at a fraction of the cost of multimedia predecessors. And if you can build an audience, you can build a business. That is the world of online marketing today.
This Week’s Sponsor
Hook your dog up with high quality treats, toys, and more every month with Barkbox. Sign up and you'll have fun, themed boxes show up at your door every month with goodies for your best friend. Treat your dog or give it as a gift! Sign up at getbarkbox.com/profit.
This Week’s Guest
Dennis Langlais has impacting conversations with other entrepreneurs share life's meaning, major shifts in thinking that lead to highly effective execution. We dig deep to uncover the core roots of change where many enter a “Next Level Peak Performance” state that surges them through unsurmountable obstacles lined with fear, pain, or perceived danger. Guests and Listeners are Relentless Rebels that invest our lives in a ticket to ride on an epic journey filled with entrepreneurial spirt, creativity with the clear end goal

* Five Minute Bark Podcast Website
* Five Minute Bark on YouTube
* Five Minute Bark on iTunes

Other Resources Mentioned

* Create Your Website in 5 Minutes!

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Eric Rosenberg - Personal Finance and Entrepreneurship Expert 23:17 25405
PPP073: Master Your Social Media with Stefanie LaHart https://personalprofitability.com/episode73/ Tue, 17 Oct 2017 12:00:19 +0000 http://3.136.100.179/?p=25010 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Stefanie LaHart leveraged her expertise in social media to build a new hustle. As the founder of Boomtown Marketing, Stefanie gives clients personal service to help with all sides of digital marketing. She has worked with over 150 clients on 250+ projects. Get expert advice on branding and growing your hustle, business, or personal brand […]</p> The post <a href="https://personalprofitability.com/episode73/">PPP073: Master Your Social Media with Stefanie LaHart</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Stefanie LaHart leveraged her expertise in social media to build a new hustle. As the founder of Boomtown Marketing, Stefanie gives clients personal service to help with all sides of digital marketing. She has worked with over 150 clients on 250+ proje...
What We’re Chatting About This Week
This week's episode is all about online marketing. Whether you are just looking to manage your personal presence online or build a business, the internet, your website, and social media are a big part of it. Stefanie LaHart, this week's expert, works as an online marketer for hire.
This is the second of two episodes recorded live on the expo hall floor at Podcast Movement. I had a blast on my second visit to the conference. Next year it takes place in Philadelphia and I'm looking forward to my first proper visit to the city.
Stefanie started her career as a web designer in the 1990s and built a robust career. She noticed that companies were able to build their own websites fairly easily (check out my post on starting your first website in five minutes) on their own. Though there was plenty of work to go around, she noticed a big question kept coming up again and again. Companies know how to build websites, but did not know how to get people to go to their websites. A new hustle was born!
Stefanie spotted a need for entrepreneurs and startups to reach out to customers and potential customers online and started offering it as a service. She quickly built a business as a social media expert. As she points out in our discussion, social media tools and strategies change quickly, and might even look different from one month to the next.
Everyone has unique needs for their online marketing needs. Some brands are better suited to evening and weekend targeting, while others do best during regular business hours. Some would do better with Twitter, some with Facebook, some with YouTube, etc. Figuring that out can be tough, but getting very targeted with your audience can lead to much better results.
Don't treat social media like a checkbox, treat it like an ongoing task. You can't just setup your social media and forget about it if you want results. You have to foster engaged communities and get them excited about your brand.
This Week’s Sponsor
This episode is brought to you by GoDaddy. I bought my first domain at GoDaddy, and have the same account there more than ten years later. With competitive prices, industry leading options, and recently updated management consoles, GoDaddy is a great value. Buy yourname.com, yourbusiness.com, or any other domain at GoDaddy.
This Week’s Guest
Stefanie LaHart is a social media marketing expert in Los Angeles, California. She runs Boomtown Marketing

* Boomtown Marketing
* Facebook: @BoomtownMarketing
* Twitter: @BoomTownBiz

Other Resources Mentioned

* Create Your Website in 5 Minutes!
* Social Warfare
* Canva
* Tailwind
* PPP063: Conquering Fear with Brad Finkeldei




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Eric Rosenberg - Personal Finance and Entrepreneurship Expert 24:29 25010
PPP072: Start Your Side Hustle with Nick Loper https://personalprofitability.com/episode72/ Tue, 10 Oct 2017 12:00:47 +0000 http://3.136.100.179/?p=25008 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Nick Loper is founder of Side Hustle Nation, a growing online community of entrepreneurial minded individuals looking to boost their income with a side hustle. Long-time listeners know that this blog, podcast, and my own six-figure income all started as side hustles, so I am thrilled to invite Nick onto the show, recorded live at […]</p> The post <a href="https://personalprofitability.com/episode72/">PPP072: Start Your Side Hustle with Nick Loper</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Nick Loper is founder of Side Hustle Nation, a growing online community of entrepreneurial minded individuals looking to boost their income with a side hustle. Long-time listeners know that this blog, podcast, Nick Loper is founder of Side Hustle Nation, a growing online community of entrepreneurial minded individuals looking to boost their income with a side hustle. Long-time listeners know that this blog, podcast, and my own six-figure income all started as side hustles, so I am thrilled to invite Nick onto the show, recorded live at the FinCon booth at Podcast Movement 2017. Join us as we talk our favorite money making ideas and share ideas for how you can get in on the profits.







What We’re Chatting About This Week



This week kicks off from the floor of Podcast Movement 2017, where Nick and I were able to hang out with a handful of friends from FinCon and beyond. We sat in the expo hall to record this episode right in the middle of the Podcast Movement action.



Nick started his journey with side hustles founding a shoe sales site called Shoe Sniper, which was built on bringing in users from Google via paid search and funneling them into affiliate sales. He started his test with $1 per day to validate each text ad before sinking in big money. An aversion to spending on my own business held me back from faster success, so Nick's method of making micro-investments online to test is a great way for any online business founder to start.



After following his job across the country, he set a goal to make $1,000 online, which would be enough to cover his basic living expenses even if he didn't have that day job income. He continued to focus on the shoe business during the night and weekend hours for three years before finally giving notice to his boss and leaving the day job for good.



Of course, just after leaving his job there was an error on his website that took his site down and that coincided with Google's crawling the site, finding it in an error state, and shutting down his ad account. After a more formal review, Google's AdSense held the line and said his site was shut down for good, though he was able to get that ban lifted after about three months of working to upgrade and improve the site. This taught him an important lesson about having multiple income streams.



It was too late to get his company car, benefits, and salary back from his old job, so he continued on updating the inventory and investing in the site to ensure he was ready to go in the busy holiday shopping season. As soon as everything turned back on, he had a great Q4 and several more years of success. There were ups and downs along the way, but he held true and continues to run his business primarily online.



Over the next few years, Nick tried about a half dozen different hustles. One that rose to the top of the pile was Side Hustle Nation, which is both a blog and podcast dedicated to all things side hustles. Through a combination of consistency, accessibility, and high quality shows, Nick has seen great growth at Side Hustle Nation, which remains his flagship online brand.



This Week’s Sponsor



This week's episode is brought to you by Casper, maker of the world's most comfortable mattress and pillow. Head to CasperTrial.com/Profit for $50 off your mattress order of the ridiculously comfortable Casper mattress. As a podcast fan myself, I've heard about Casper for years. I started my personal experience with Casper trying out the Casper pillow, which is my favorite pillow I've ever owned, really! I sleep on it every night. Invest in a good night's sleep at Casper.



This Week’s Guest



Nick Loper is founder of Side Hustle Nation, which he started after side hustling to self-employment with an online shoe sales website.]]>
Eric Rosenberg - Personal Finance and Entrepreneurship Expert 23:10 25008
PPP071: Investing Outside of Wall Street with Buck Joffrey https://personalprofitability.com/episode71/ Tue, 03 Oct 2017 12:00:55 +0000 http://3.136.100.179/?p=24125 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Buck Joffrey is surgeon turned investor. After spending years becoming a brain surgeon, Buck found that he could do a heck of a lot better with his finances as an investor. Now focused on healing people's finances instead of their brains, Buck is here to share his tips and secrets to maximize your personal finances […]</p> The post <a href="https://personalprofitability.com/episode71/">PPP071: Investing Outside of Wall Street with Buck Joffrey</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Buck Joffrey is surgeon turned investor. After spending years becoming a brain surgeon, Buck found that he could do a heck of a lot better with his finances as an investor. Now focused on healing people's finances instead of their brains, Buck Joffrey is surgeon turned investor. After spending years becoming a brain surgeon, Buck found that he could do a heck of a lot better with his finances as an investor. Now focused on healing people's finances instead of their brains, Buck is here to share his tips and secrets to maximize your personal finances through investing.







What We’re Chatting About This Week



Buck Joffrey is my neighbor just up the road in Santa Barbara, but we connected because of his connection to the world of personal finance. Buck worked hard to become a brain surgeon, and his first job landed him in San Francisco making around $50,000 per year. He finished his residency and started making some serious money in 2008, right in the middle of the financial crisis.



He had ignored his money until this point, but found he should take charge of his finances and became an entrepreneur. He started his own private practice and several other businesses that were eventually able to operate and pay him a profit without him trading hours for dollars. His entrepreneurship journey led him to focus on helping people focus on their finances, something Buck believes doctors are typically pretty bad at managing.



To sum up his belief: You actually have to make an effort.



The industry is built so doctors and other can just hand their money over to financial advisors and trust them to do the right thing, but if you put in effort on your own you can do well with your money on your own. And you can become a self-sufficient money expert in a lot less time than it takes to get a medical degree.



Buck built his own personal finance philosophy after reading plenty of books, including those by Robert Kiyosaki of Rich Dad Poor Dad fame. He now works to manage risk while building wealth. Learn more in this episode.



This Week’s Sponsor



This week features Personal Capital, which I have personally used since October 2012. Shortly after signing up, I looked at my portfolio and investment fees in the free portfolio analyzer and found I was overpaying on my fees! I made a few changes based on what I learned in my Personal Capital dashboard to save $300 per year. So far, that is worth nearly $1,500 not including investment gains. Did I mention it's free? Give it a try today.



This Week’s Guest



Buck Joffrey is surgeon turned investor. After spending years becoming a brain surgeon, Buck found that he could do a heck of a lot better with his finances as an investor. His entrepreneurship journey led him to focus on helping people focus on their finances, something Buck believes doctors are typically pretty bad at managing.



* Wealth Formula* 7 Secrets of Eternal Wealth



Other Resources Mentioned



* The Cashflow Quadrant* Rich Dad Poor Dad




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Eric Rosenberg - Personal Finance and Entrepreneurship Expert 24:22 24125
PPP070: Raising Capital and Funding Hollywood with Matthew Helderman https://personalprofitability.com/episode70/ Tue, 26 Sep 2017 12:00:26 +0000 http://3.136.100.179/?p=24124 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Today we welcome guest Matthew Helderman from Buffalo 8 Productions and BondIt Media Capital. His unique background allowed him to create multiple successful businesses that raise money for Hollywood productions. His exciting and interesting career combines money and entertaining, and this interview offers many valuable lessons we can apply to our own businesses. What We’re […]</p> The post <a href="https://personalprofitability.com/episode70/">PPP070: Raising Capital and Funding Hollywood with Matthew Helderman</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Today we welcome guest Matthew Helderman from Buffalo 8 Productions and BondIt Media Capital. His unique background allowed him to create multiple successful businesses that raise money for Hollywood productions.
What We’re Chatting About This Week
I connected with Matt Helderman as he is the man behind BondIt Media Capital, but he didn't start his career as a major movie financier. He started with Buffalo 8 Productions, a co-founded venture that helps people make movies. Buffalo 8's films have been debuted at Sundance, Berlin, and Toronto film festivals and SXSW. If you enjoy movies, odds are you have watch something that has Buffalo 8's hands in it.
But in running Buffalo 8, Matt spotted a new opportunity: film financing. Making movies can be expensive. With films production costing into the tens of millions of dollars, that cash has to come from somewhere. That's where BondIt comes it, which has produced over 250+ films with financing from $250,000 to $30,000,000.
Buffalo 8 is a success in its own right, with their own films and client management. Buffalo 8 clients have been featured in movies like Jurassic World, The Big Short, American Gangster, Flight, Dallas Buyers Club, Trumbo, and Spike Lee's Do The Right Thing.
Matt saw an opportunity to marry Wall Street style funding with Hollywood production, and thanks to a great education he had the skills to put it together. Now Matt is working on high roller deals raising funds to create the next hit movie. Some movies lose money and some generate windfall profits. By moving the funding out of producer's own pockets and into Wall Street type funding arrangements, film production can move forward with an expectation of paying back costs with future earnings.
Matt's role is a busy one, finding both funders and opportunities to invest. After success in Hollywood, BondIt has expanded into the entire entertainment industry. Now BondIt works with sports teams, concert producers, and all sides of the entertainment business. If you are interested in a great entrepreneurship story, working with Hollywood or the entertainment industry, or love the high paced investment world, Matt's story is a perfect hybrid of inspiration and action that led to a successful business.
This Week’s Sponsor
This week features Personal Capital, which I have personally used since October 2012. Shortly after signing up, I looked at my portfolio and investment fees in the free portfolio analyzer and found I was overpaying on my fees! I made a few changes based on what I learned in my Personal Capital dashboard to save $300 per year. So far, that is worth nearly $1,500 not including investment gains. Did I mention it's free? Give it a try today.
This Week’s Guest
Matthew Helderman is co-founder of Buffalo 8, a Hollywood production and management company, and BondIt Media Capital, an investment company that funds feature films and other entertainment projects.

* Buffalo 8
* BondIt Media Capital


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Eric Rosenberg - Personal Finance and Entrepreneurship Expert 25:20 24124
PPP069: The Wild West of Personal Finance Blogging with Jim Wang https://personalprofitability.com/episode69/ Tue, 19 Sep 2017 12:00:51 +0000 http://3.136.100.179/?p=24123 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Jim Wang built personal finance blog Bargaineering as a side hustle, and eventually sold the site for seven figures. This “Godfather of Personal Finance Blogging” is at it again with several new projects. Get the whole story in this week's episode. What We’re Chatting About This Week Jim Wang founded his site around the same […]</p> The post <a href="https://personalprofitability.com/episode69/">PPP069: The Wild West of Personal Finance Blogging with Jim Wang</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Jim Wang built personal finance blog Bargaineering as a side hustle, and eventually sold the site for seven figures. This “Godfather of Personal Finance Blogging” is at it again with several new projects. Get the whole story in this week's episode.
What We’re Chatting About This Week
Jim Wang founded his site around the same time that past guests Harlan “Flexo” Landes and J.D. Roth launched their sites, Consumerism Commentary and Get Rich Slowly, which they all sold for seven figures around the same time. Be sure to check out episode 19 with Harlan Landes and Pat Flynn and episode 25 with J.D. Roth.
We start our interview learning about Jim's days in the Wild West of personal finance blogging. After seeing tech blogs and personal journals emerge online, he founded his personal finance site Bargaineering, which was in some ways a personal journal of his own.
Coming from the tech industry, he was able to navigate the early challenges of creating a website and managing it. Early on, he didn't think he would make any money from the site. He used the site as a way to learn more about money himself. Eventually, however, traffic began to grow and he started to earn from affiliate and click advertising.
He was excited when this side hustle started paying for a vacation every year, and after several years it grew large enough to make up a full-time income. He saw the most success earning through affiliates, and his income exploded when he started referring to credit cards. He saved up a big war chest of cash and left his job.
Going full-time gave him more free time in his schedule to work on new experiments at Bargaineering and elsewhere. This type of experimentation led to even more growth and success.
After seeing several other large sites sell, he found he could sell for a big enough price tag to take away any future financial risk in his life. He followed his gut and sold.
In the years after, he worked on 5 Dollar Meal Plans with Erin Chase, started a blog for scotch fans, a blog about blogging, and eventually Wallet Hacks, his new personal finance website.
This Week’s Sponsor
This week features Personal Capital, which I have personally used since October 2012. Shortly after signing up, I looked at my portfolio and investment fees in the free portfolio analyzer and found I was overpaying on my fees! I made a few changes based on what I learned in my Personal Capital dashboard to save $300 per year. So far, that is worth nearly $1,500 not including investment gains. Did I mention it's free? Give it a try today.
This Week’s Guest
Jim Wang has been writing about finance for more than a decade. He is the founder of Bargaineering, Microblogger, and Wallet Hacks. He also co-runs 5 Dollar Meal Plan and Kasai Media.

* Wallet Hacks
* 5 Dollar Meal Plan
* Microblogger
* Scotch Addict
* Twitter
* Facebook

Other Resources Mentioned

* Podcast Movement

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Eric Rosenberg - Personal Finance and Entrepreneurship Expert 21:31 24123
PPP068: Financial Freedom through Writing with Dave Chesson https://personalprofitability.com/episode68/ Tue, 12 Sep 2017 12:00:00 +0000 http://3.136.100.179/?p=24049 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Dave Chesson started his side hustle while in the military, and grew his online empire from the first dollar to a full-time income. He now supports his family through a combination of niche websites, Kindle books, and his new venture, The Kindleprenuer. Learn how you can make a killing with the Kindle in this week's […]</p> The post <a href="https://personalprofitability.com/episode68/">PPP068: Financial Freedom through Writing with Dave Chesson</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Dave Chesson started his side hustle while in the military, and grew his online empire from the first dollar to a full-time income. He now supports his family through a combination of niche websites, Kindle books, and his new venture,
What We’re Chatting About This Week
This week we follow Dave Chesson's story and journey to becoming the Kindleprenuer.
We start out by learning about Dave's time in the military, and his desire to leave the military career path to enjoy more time with his family. What is the definition of success in his life? Is it to stay in the military? Get a 9-5 job? Neither looked great, and that's when Dave first found the world of online income.
It sounded like a TV infomercial at first, but after finding a free book online by Jeff Usner, he followed through on building his first niche website. After months of work, he only made $1, but that first dollar opened his eyes to the potential of online income. As I always say, it all starts with the first dollar!
Now that he knew it was possible, he worked to improve his skills and efficiency so he could earn enough online to leave the military.
This story made me think of a concept from, The Art of Non-Comformity, where author Chris Guillebeau shares that in order to make a major life change, the current situation must be horrible or the opportunity great. For Dave, it was somewhere in the middle. And he defined his new success, which made the transition from a stable paycheck to an entrepreneur's income more palatable.
Next, Dave learned about search engine optimization, or SEO, and worked hard and practiced by building more and more niche websites. His income grew, but it wasn't scaling the way he wanted. He set a goal of $10,000 per month to support his family at the lifestyle they wanted.
He took the content from the sites he built and turned them into books, and things started falling into place. He built niche books for each of those niche websites and the income started coming in. Then he learned how to apply his SEO knowledge to Amazon and the Kindleprenuer was born.
His expertise helped him build his first authority site, a change in direction from the many niche sites he built before. But as an expert in the field, the new direction fell into place.
Dave learned a lot of technical and practical tips for building Kindle books, and he uses his sites to send visitors to Amazon, where he gets both an affiliate commision and revenue from selling the digital products. He earns even more because he gets commission on other products those buyers get while at Amazon. And this system scales.
What's next for Dave? Science fiction. This is a new experiment is going to be an attempt to sell sci-fi books based on their relation to other popular books. This new niche website has some fun potential. We'll see what happens!
This Week’s Sponsor
This week features Personal Capital, which I have personally used since October 2012. Shortly after signing up, I looked at my portfolio and investment fees in the free portfolio analyzer and found I was overpaying on my fees! I made a few changes based on what I learned in my Personal Capital dashboard to save $300 per year. So far, that is worth nearly $1,500 not including investment gains. Did I mention it's free? Give it a try today.
This Week’s Guest
Dave Chesson is 34 years old and an 11 year veteran of the US Navy. He was also a military kid and so have lived in all corners of the globe. But that’s not what defines him. After his family, his real passion is books, but more specifically the new world of Kindle e-books. He's made a pretty decent side income out of them.

* The Kindleprenuer
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Eric Rosenberg - Personal Finance and Entrepreneurship Expert 1 25:06 24049
PPP067: Leaving Your Job with Erica Mandy https://personalprofitability.com/episode67/ Tue, 05 Sep 2017 12:00:00 +0000 http://3.136.100.179/?p=24048 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Many people dream of leaving their full-time job for self-employment, but few take the steps to make it happen. That's not the case for this week's guest Erica Mandy. Erica spent years building a career in broadcast news, moving around the country and finally landing in one of the world's biggest TV markets: the coveted […]</p> The post <a href="https://personalprofitability.com/episode67/">PPP067: Leaving Your Job with Erica Mandy</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Many people dream of leaving their full-time job for self-employment, but few take the steps to make it happen. That's not the case for this week's guest Erica Mandy. Erica spent years building a career in broadcast news,
What We’re Chatting About This Week
This week's episode kicks off learning how Erica Mandy was able to navigate an interesting and exciting career path. She moved around the country paying her dues for a great job in TV news. After living on a shoestring for years, she eventually worked her way up to a great gig on TV news in Los Angeles.
She realized along the way that the news wasn't the dream job she thought it would be, and after putting in long hours on the job decided to call it quits and go out on her own. She is currently working to launch her own new podcast, where she brings a nonpartisan look at the day's most important stories. She is launching this roundup of politics, tech, business, and entertainment news in a unique and fun short-format podcast with daily episodes that are less than 10 minutes long.
She is just starting her journey now, launching right as we record and release this episode! Like any new entreprenuer, there are a few jitters, but I'm sure Erica will find her way to success.
This Week’s Sponsor
This week features Personal Capital, which I have personally used since October 2012. Shortly after signing up, I looked at my portfolio and investment fees in the free portfolio analyzer and found I was overpaying on my fees! I made a few changes based on what I learned in my Personal Capital dashboard to save $300 per year. So far, that is worth nearly $1,500 not including investment gains. Did I mention it's free? Give it a try today.
This Week’s Guest
Erica spent the last decade — on TV, radio and online — reporting news and sharing stories around the country. As a TV news reporter, she was live on the scene during terrorist attacks, wildfires and federal court rulings, to name a few.  She's interviewed politicians, CEOs, experts, and everyday people doing extraordinary things.
Erica quit her job as a Los Angeles TV news reporter to launch theNewsWorthy: a daily roundup of politics, tech, business and entertainment that makes it faster, easier and way more fun to get all the news you need to know. Listen on-the-go in less than 10 minutes, Monday through Friday.

* The Newsworthy
* Erica Mandy Facebook
* The Newsworthy Instagram
* The Newsworthy Twitter
* The Newsworthy LinkedIn

Other Resources Mentioned

* Personal Capital
* Podcast Movement
* Eventual Millionaire
* She Podcast







This post was originally published on September 5, 2017 and updated on September 22, 2019.
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Eric Rosenberg - Personal Finance and Entrepreneurship Expert 21:03 24048
PPP066: Mobile Home Investing with Jefferson Lilly https://personalprofitability.com/episode66/ Tue, 29 Aug 2017 12:00:00 +0000 http://3.136.100.179/?p=24047 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>When you think of mobile homes, the first word that comes to mind is probably not profit, but that's exactly how Jefferson Lilly looks at the world of trailer parks and mobile homes. With years of experience, Jefferson has learned how to spot smart, relatively low-risk investment opportunities across the nation that don't require tens […]</p> The post <a href="https://personalprofitability.com/episode66/">PPP066: Mobile Home Investing with Jefferson Lilly</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. When you think of mobile homes, the first word that comes to mind is probably not profit, but that's exactly how Jefferson Lilly looks at the world of trailer parks and mobile homes. With years of experience, Jefferson has learned how to spot smart,

What We’re Chatting About This Week
As a big fan of Trailer Park Boys, I was excited to learn about the real business of trailer parks from an experienced expert. Jefferson Lilly fits that role to a T. In this week's episode, we learn how you can invest in a trailer park starting at around $5,000. Jefferson goes on to share his best tips for exactly how to invest, which means avoiding the costly and frustrating aspects of owning the physical units.
Instead, Jefferson suggests investing in the lot where the trailer lives. This fixed asset can generate rent just like a rental apartment or home, but without the requirements of maintenance on the home. In some cases, you may even be able to get a trailer for free if you buy the lot it's sitting on. Doing this can give you a fix and flip education and an opportunity to turn a relatively small investment into a long-term cash flow and profit.
This Week’s Sponsor
This week features Personal Capital, which I have personally used since October 2012. Shortly after signing up, I looked at my portfolio and investment fees in the free portfolio analyzer and found I was overpaying on my fees! I made a few changes based on what I learned in my Personal Capital dashboard to save $300 per year. So far, that is worth nearly $1,500 not including investment gains. Did I mention it's free? Give it a try today.
This Week’s Guest
Jefferson Lilly is a mobile home park investment expert, educator, and industry consultant who has been featured in the New York Times, Bloomberg Magazine, and on the ‘Real Money' television show.  Prior to co-founding Park Street Partners in 2013, Mr. Lilly spent seven years investing his own capital at Lilly & Company where he acquired and continues to operate mobile home parks in the Midwest.  Prior to becoming an investor full-time, Jefferson spent 10 years in sales leadership roles with several venture-backed startup companies in Silicon Valley that were acquired by Openwave Systems and VeriSign.  Earlier in his career he held operational roles at Viacom and was a consultant with Bain & Company.

* Park Street Partners
* Park Street Partners Twitter
* Park Street Partners Facebook
* Mobile Home Park Podcast
* Mobile Home Park Stitcher
* Mobile Home Park Investors
* Mobile Home Park Investors LinkedIn

Other Resources Mentioned

* Ask Eric
* Personal Capital
* Clayton Morris Podcast








This post was originally published on August 29, 2017 and updated on August 27, 2019.
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Eric Rosenberg - Personal Finance and Entrepreneurship Expert 21:29 24047
PPP065: Micro Real Estate Investments with Clayton Morris https://personalprofitability.com/episode65/ Tue, 22 Aug 2017 12:00:17 +0000 http://3.136.100.179/?p=23682 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Where I live, $40,000 doesn't even come close to a down payment. But Clayton Morris learned early in his career that real estate investing doesn't require millions of dollars, or even six figures. Clayton found that there are many parts of the country where $40,000 is enough to buy a home in cash. After a […]</p> The post <a href="https://personalprofitability.com/episode65/">PPP065: Micro Real Estate Investments with Clayton Morris</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Where I live, $40,000 doesn't even come close to a down payment. But Clayton Morris learned early in his career that real estate investing doesn't require millions of dollars, or even six figures. Clayton found that there are many parts of the country ...
What We’re Chatting About This Week
This week we start off by learning how Clayton Morris, a Fox News anchor, started in property investing. Like most business founders, his start was a humble one when he purchased a condo in his old building that had belonged to a smoker and was completely dated. He got his hands dirty and did much of the work himself to fix up the unit and sell for a fix-and-flip profit.
But he later learned that fix and flips are like a job while buy and hold is an investment. Properties in some areas of the country go for as little as $40,000 and can easily turn out a $800 cash flow. That's profit you can keep or reinvest. It's easy to see how this can scale. For the cost of a $400,000 home, you could bring in $8000 per month. To match my $10,000 monthly income goal, I would need 13 of these properties.
It is unlikely I would start buying 13 properties off the bat, but buying one investment property at that low cost is very viable. Who knows what the future could hold?
Interested in using your IRA to invest in real estate? Check out Rocketdollar!
This Week’s Sponsor
This week features Personal Capital, which I have personally used since October 2012. Shortly after signing up, I looked at my portfolio and investment fees in the free portfolio analyzer and found I was overpaying on my fees! I made a few changes based on what I learned in my Personal Capital dashboard to save $300 per year. So far, that is worth nearly $1,500 not including investment gains. Did I mention it's free? Give it a try today.
This Week’s Guest
Clayton Morris is the news anchor on America's number one morning show FOX & Friends on The FOX news channel. He's also a real estate investor and the president of Morris Invest, helping people build passive income and true legacy wealth. Clayton is also the host of Investing in Real Estate podcast, which has a laser focus on buy and hold rental properties. The podcast utilizes expert interviews, case studies with normal everyday investors, and Clayton's own methods for achieving passive income.

* Morris Invest
* Morris Invest Facebook
* Morris Invest YouTube
* Investing and Real Estate Podcast with Clayton Morris
* Freedom Checklist

Other Resources Mentioned

* Personal Capital
* YouTube
* Rich Dad Poor Dad
* Lee Huffman Podcast
* Robert Sheehan


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Eric Rosenberg - Personal Finance and Entrepreneurship Expert 23:05 23682
PPP064: Excelling in Investments with Todd Tresidder https://personalprofitability.com/episode64/ Tue, 15 Aug 2017 12:00:00 +0000 http://3.136.100.179/?p=23502 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Todd Tresidder is the man behind The Financial Mentor and has decades of experience coaching average people on how to improve and best manage their finances. If you want to learn more about investing and managing your hard earned dollars, tune into this week's amazing episode with The Financial Mentor. What We’re Chatting About This […]</p> The post <a href="https://personalprofitability.com/episode64/">PPP064: Excelling in Investments with Todd Tresidder</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Todd Tresidder is the man behind The Financial Mentor and has decades of experience coaching average people on how to improve and best manage their finances. If you want to learn more about investing and managing your hard earned dollars, Todd Tresidder is the man behind The Financial Mentor and has decades of experience coaching average people on how to improve and best manage their finances. If you want to learn more about investing and managing your hard earned dollars, tune into this week's amazing episode with The Financial Mentor.



What We’re Chatting About This Week







This week we focus on a couple of important personal finance topics. Todd is a pioneer in financial coaching, moving into an industry typically dominated by financial advisors in the late 90s. His goal was to offer a separate financial education service to remove conflict of interest.



Speaking of conflicts of interest, this is a major discussion point in this week's episode. We get into the issues with choosing an advisor who is a fiduciary, or someone who is required to put your best interests first, versus a non-fiduciary who can invest your money in a way that earns them the biggest commissions and fees.



Next, we get into the financial independence / retire early movement, known online as FIRE. Bloggers like Mr. Money Moustache are well known in this financial strategy focused on cutting expenses as low as possible so you can stretch every dollar and retire early.



Choosing the best asset classes for your unique needs comes up next, as we discuss where investors should put their money to get the best return. Of course, there is no investment perfect for everyone and your portfolio should be optimized for your goals.



Earning more versus spending less is another topic we touch in in our discussion. I'm a big fan of earning more and side hustling in addition to smart budgeting. Cutting expenses and managing your expenses is vital to long-term financial success. However, you can only cut your spending by so much and your earning potential is unlimited.



Finally, we get into the best place to start: understanding where your finances currently stand. Like me, Todd suggests looking at your finances like a business. My favorite tool for this is Personal Capital, which offers its core financial dashboard and analysis products completely free.



This Week’s Sponsor



This week features Personal Capital, which I have personally used since October 2012. Shortly after signing up, I looked at my portfolio and investment fees in the free portfolio analyzer and found I was overpaying on my fees! I made a few changes based on what I learned in my Personal Capital dashboard to save $300 per year. So far, that is worth nearly $1,500 not including investment gains. Did I mention it's free? Give it a try today.



This Week’s Guest



Todd Tresidder is the founder of The Financial Mentor and a well regarded personal finance author and blogger. With multiple books and decades of experience as a financial coach, Todd and his site are a wonderful resource. I'm thrilled to welcome him as this week's guest.



* Financial Mentor* Financial Mentor Facebook* Financial Mentor Twitter* Financial Mentor Google+* Financial Mentor LinkedIn* Financial Mentor YouTube
Eric Rosenberg - Personal Finance and Entrepreneurship Expert 1 21:47 23502
PPP063: Conquering Fear with Brad Finkeldei https://personalprofitability.com/episode63/ Tue, 08 Aug 2017 12:00:41 +0000 http://3.136.100.179/?p=23324 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Brad Finkeldei wasn't always known as “The Rubber Chicken Guy,” but he has taken on this goofy nickname as part of his goal to help others overcome fears that are holding them back from success in personal finance, work, relationships, and life in general. Find how how he got his nickname and how he transformed […]</p> The post <a href="https://personalprofitability.com/episode63/">PPP063: Conquering Fear with Brad Finkeldei</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Brad Finkeldei wasn't always known as “The Rubber Chicken Guy,” but he has taken on this goofy nickname as part of his goal to help others overcome fears that are holding them back from success in personal finance, work, relationships,
What We’re Chatting About This Week
This week kicks off with a discussion on the fears I have in my life as a freelancer. While I have seen great success since leaving my job, I always have a lingering worry that I could lose a key client or two and my entire business will come apart at the seams. With a baby girl, a second on the way, a wife, two dogs, and a mortgage payment relying on me, I can't get lazy or stop the hustle.
Brad and I teamed up last year to launch One Day Business Websites, a join venture where we helped entrepreneurs and small businesses create websites. We made a few grand from the experiment and built a great friendship, which is clear to listeners of this episode.
Then we get into the interview, where Brad shares the story of a day when he came home expecting a package waiting for him, but instead found an empty porch. Having just passed someone leaving the area with a package matching the description of what he was expecting, he confronted the likely package thief. What happens next is both surprising and wonderful. I won't spoil it here, but this is a story you don't want to miss.
Later, we chat about Brad's path from his gray cubicle to self-employment. He has experienced some ups and downs searching for a place where his passions and ability to earn align, and that appears to Brad to be public speaking. Lucky for him, he was able to tap into his network and land a paid speaking gig which includes acting as MC for the entire event in Las Vegas. Did I mention he has never been a paid speaker or MC in the past? Well, he hasn't, but that didn't hold him back from getting paid today. Remember, every expert and professional started with their first dollar, myself included!
This Week’s Sponsor
This week's episode is sponsored by me! Want to become a sponsor of this show? Reach the Personal Profitability Podcast audience on this fun weekly show. 
Contact me for more information.
This Week’s Guest
Brad Finkeldei is a serial entrepreneur. After leaving a career in corporate IT, he has explored several paths to earn both online and offline, always focusing on self-employed ventures over traditional employment. He is now a paid speaker with his first event coming up soon. He shares his stories as “The Rubber Chicken Guy,” bringing smiles and inspiration to every crowd and individual he meets.
Brad Finkeldei went from buying his confidence with a big corporate paycheck to now inspiring entrepreneurs to face their own fears.  He wouldn't be here today if he hadn't met a man in his journey that reminded him he could be powerful in this world.  That man, Rafael, left Brad with a tiny rubber chicken to remind him to step into his fears and believe in himself. To stop being a chicken!
A year after Brad met him, Rafael was killed in a terrorist attack and Brad decided to carry on his message to pay it forward and continue the message of making a difference for others.
Brad's dedicated his life to empowering entrepreneurs to step into their fears and make a difference in the world. He reminds entrepreneurs it's not about making money but the person you become in the journey to make the difference you're out to make.
He shares his powerful and authentic entrepreneurial story from the stage of how a confrontational moment changed into a moment of compassion that now has him empowered to inspire 10,000+ souls.

31:10 23324 PPP062: Side Hustling & Growing Your Income with Robert Farrington https://personalprofitability.com/episode62/ Tue, 01 Aug 2017 12:00:00 +0000 http://3.136.100.179/?p=22780 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Founder of The College Investor, Robert Farrington is a noteworthy, influential blogger in the personal finance space with a six-figure online income. But he does this all on top of a full-time day job as a manager at a major retail store. When he's out of the office, he's working hard at his home office […]</p> The post <a href="https://personalprofitability.com/episode62/">PPP062: Side Hustling & Growing Your Income with Robert Farrington</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Founder of The College Investor, Robert Farrington is a noteworthy, influential blogger in the personal finance space with a six-figure online income. But he does this all on top of a full-time day job as a manager at a major retail store. Founder of The College Investor, Robert Farrington is a noteworthy, influential blogger in the personal finance space with a six-figure online income. But he does this all on top of a full-time day job as a manager at a major retail store. When he's out of the office, he's working hard at his home office to grow his income and brand online. This is an interview you don't want to miss!







What We’re Chatting About This Week



I've known Robert for years thanks to the annual FinCon conference, a major factor in my success as an online business owner. This week we have an informal chat about Robert's online business and general personal finance. He suggests that
side hustles are the best way to go, as you can bring in a big income on top of what you already earn!



I started Personal Profitability as a side hustle in October 2008, and as the site grew so did my opportunities to earn online. My side hustle income grew from $10 here and there to $25 consistently to $100+ per article to full-time job over the years since, but Robert is holding out. Even though he earns enough to comfortably leave his day job, he enjoys what he does both online and offline and plans to stick with both for the foreseeable future.



Speaking of income and expenses, we also chat about some investing and personal finance topics that anyone can use a refresher on, myself included!



This Week’s Sponsor



Do you want to reach the Personal Profitability audience? This highly sought after demographic of listeners interested in personal finance and entrepreneurship tunes in every week for a fresh episode. Contact me to learn more about getting in their earbuds.



This Week’s Guest



Robert Farrington is founder of The College Investor and several other online properties. He runs his online empire in the evening and weekend hours he is away from his full-time job as a manager at a major retail store. With deep knowledge of personal finance, investing, entrepreneurship, side hustles, and more, his insights and websites are a great resource for anyone looking to level up their money IQ.



* The College Investor* The College Investor Facebook* The College Investor Pinterest * The College Investor Twitter * The College Investor Feedburner* The College Investor Google plus* The College Investor Instagram* The College Investor LinkedIn* The College Investor Youtube * Contact Robert



Other Resources Mentioned



* FinCon* Liberty Mutual Insurance * 401* Uber* ebay * IRA* Schwab * Vanguard* 22:29 22780 PPP061: Paying Off Student Loans & Scholarships with Jocelyn Paonita https://personalprofitability.com/episode61/ Tue, 25 Jul 2017 12:00:00 +0000 http://3.136.100.179/?p=22779 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>This week we welcome guest Jocelyn Paonita, one of the web's best experts in scholarships and paying for college and founder of The Scholarship System. With a big debate raging about how to pay for college and manage student loans, one of the best options is to just get someone else to pay for it. […]</p> The post <a href="https://personalprofitability.com/episode61/">PPP061: Paying Off Student Loans & Scholarships with Jocelyn Paonita</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. This week we welcome guest Jocelyn Paonita, one of the web's best experts in scholarships and paying for college and founder of The Scholarship System. With a big debate raging about how to pay for college and manage student loans,
What We’re Chatting About This Week
This week we kick off the show with a chat about my history with scholarships. I regularly share how I
paid off my $40,000 MBA student loans in two years, but rarely talk about how I went to college on a full-ride scholarship. Thanks to the local Denver Area Council of the Boy Scouts of America, Denver real estate developer John Madden, and contributions from Wells Fargo and The University of Colorado Foundation, I received a scholarship worth $15,000 per year for four years. It was an incredible gift tied to my seven summers on staff at the Denver area Boy Scout camp.
While the scholarship I earned was limited to a specific number of camp staff per year, there are plenty of other scholarships available. Guest Jocelyn shares what she learned along the way as she paid for her education by stacking up smaller scholarships. I earned a few of these $500, $1,000, and other scholarships as well, which helped me cover things like rent and fraternity dues.
It ultimately comes down to systems and how you manage your time and scholarship application process. If you don't stay organized, you will end up paying a lot more than you have to for college!
This Week’s Sponsor
This week's episode is sponsored by me! Want to become a sponsor of this show? Reach the Personal Profitability Podcast audience on this fun weekly show. Contact me for more information.
This Week’s Guest
Jocelyn Paonita is founder of The Scholarship System. After paying for her entire college experience (including study abroad in Spain), Jocelyn started The Scholarship System to help others achieve the same success. After the college took out tuition and fees, Jocelyn got a fat check every semester to help cover additional expenses. Between smart budgeting, part-time jobs, and scholarships, Jocelyn left college with savings instead of piles of student debt. Through The Scholarship System, Jocelyn has helped studious savers earn nearly $750,000 in scholarships so far and looks forward to hitting the $1 million milestone.

* The Scholarship System
* About Jocelyn Paonita
* Contact
* The Scholarship System Facebook
* The Scholarship System Twitter
* The Scholarship System Pinterest
* Webinar

Other Resources Mentioned

* Liberty Mutual Insurance
* Financial Peace University


]]> Eric Rosenberg - Personal Finance and Entrepreneurship Expert 22:13 22779 PPP060: Home Mortgage Down Payments & Early Retirement with Chris Reining https://personalprofitability.com/episode60/ Tue, 18 Jul 2017 12:00:00 +0000 http://3.136.100.179/?p=22778 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Today we talk mortgages and early retirement on the Personal Profitability Podcast. The episode kicks off with a discussion of down payments and mortgage approval before we jump into a conversation with Chris Reining, someone who was so successful with personal finance, mortgages, and investing that he was able to retire at 37 years old. […]</p> The post <a href="https://personalprofitability.com/episode60/">PPP060: Home Mortgage Down Payments & Early Retirement with Chris Reining</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Today we talk mortgages and early retirement on the Personal Profitability Podcast. The episode kicks off with a discussion of down payments and mortgage approval before we jump into a conversation with Chris Reining, Today we talk mortgages and early retirement on the Personal Profitability Podcast. The episode kicks off with a discussion of down payments and mortgage approval before we jump into a conversation with Chris Reining, someone who was so successful with personal finance, mortgages, and investing that he was able to retire at 37 years old. Listen in as this community member shares his story of cutting major expenses and saving big so he could quit at such a young age.







What We’re Chatting About This Week



I just moved into a brand new house, well new to me, at the end of June. Buying a house in Southern California is not easy. Thanks to high housing costs, breaking into the market here may seem impossible. But thanks to a massive down payment, I was able to move into a home that I may not have been able to afford with just 20% down. Remember your 20% down payment is a guideline, not a maximum!



Then we jump into the conversation with Chris Reining, who became financially independent at 35. We discuss simple savings ideas ranging from cutting back on small expenses on a regular basis to big wins like ending a $150 per hour hobby. Through smart savings and budgeting, it is possible to reach financial independence well before you turn 65. You don't want to miss the actionable tips that can help you get your finances under control and on track for early retirement.



This Week’s Sponsor



This week's show is brought to you sponsor free, as has every episode of the podcast so far. However (there's always a however), I am looking to bring on new support with this great new format. If you are interested in partnering with the Personal Profitability Podcast to spread the word about your business, brand, or product, send me a note today through the contact form.



This Week’s Guest



Chris Reining became financially independent at 35 and left his job at 37. He shares his story at his own blog along with tips and tricks to master your money. Chris focuses on saving more, earning more, investing well, and becoming financially independent. Not all that different from our focus here at Personal Profitability! Thanks to his own personal experiences, he offers a wealth of knowledge in all things related to personal finance.



* ChrisReining.com* Chris Reining Twitter* Chris Reining Facebook



Other Resources Mentioned



* Avocado toast article* The Automatic Millionaire* Terry Gold




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Eric Rosenberg - Personal Finance and Entrepreneurship Expert 26:02 22778
PPP059: Welcome to the New Format & Speaking as a Business with Grant Baldwin https://personalprofitability.com/episode59/ Tue, 11 Jul 2017 12:00:00 +0000 http://3.136.100.179/?p=22308 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Welcome to the new format of the Personal Profitability Podcast! This week we welcome guest Grant Baldwin, a successful public speaker and the man behind Booked & Paid to Speak, a course and community dedicated to graduating you from dreaming about earning income as a speaker to a bona fide professional. Today we dig into […]</p> The post <a href="https://personalprofitability.com/episode59/">PPP059: Welcome to the New Format & Speaking as a Business with Grant Baldwin</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Welcome to the new format of the Personal Profitability Podcast! This week we welcome guest Grant Baldwin, a successful public speaker and the man behind Booked & Paid to Speak, a course and community dedicated to graduating you from dreaming about ear...
What We’re Chatting About This Week
This week's episode kicks off with a brief chat about my history as a public speaker. I share how I recently spoke at FinCon and TBEX, partially motivated by what I learned in Grant's podcast The Speaker Lab. I update a life list with big goals every year, and two goals for 2017 focus on public speaking. The first speaking goal is to speak at any major conference, which I did in May when I spoke at TBEX. Check! Next up is landing a paid speaking gig, which I have about six months to complete.
Speaking can be a lucrative profession, and one that gives you much of the freedom and flexibility of other self-employed gigs like freelance writing or graphic design. Speaking has the added benefit of offering opportunities to travel all over the country, if not the world. It all depends on your goals as a speaker.
This Week’s Sponsor
This week's show is brought to you sponsor free, as has every episode of the podcast so far. However (there's always a however), I am looking to bring on new support with this great new format. If you are interested in partnering with the Personal Profitability Podcast to spread the word about your business, brand, or product, send me a note today through the contact form.
This Week’s Guest
Grant Baldwin started his career as a public speaker in his church, where he was a youth pastor at a vibrant congregation. He enjoyed occasional opportunities to speak at “grown-up church,” and ultimately moved on to start a career in public speaking that has generated well over $1 million in speaker fees. I first crossed paths with Grant at FinCon a few years back, and it has been exciting to watch his success in the years since.

* FreeSpeakerWorkshop.com
* The Speaker Lab
* Speaker Fee Calculator
* Grant's Speaking Course
* Grant Baldwin Facebook
* Grant Baldwin Twitter
* Grant Baldwin Instagram
* Grant Baldwin YouTube

Other Resources Mentioned

* FinCon
* PT Money


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Eric Rosenberg - Personal Finance and Entrepreneurship Expert 24:46 22308
PPP: Special Announcement – New Format! https://personalprofitability.com/ppp-special-announcement/ Tue, 04 Jul 2017 12:00:00 +0000 http://3.136.100.179/?p=22207 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>The Personal Profitability Podcast has come out twice a month since it's inception, but starting in July you can expect a fun new format! I'm bringing on new music and a shorter intro, adding a reader question or topic of the week, and shortening the interviews so you can get through episodes a little faster. […]</p> The post <a href="https://personalprofitability.com/ppp-special-announcement/">PPP: Special Announcement – New Format!</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. The Personal Profitability Podcast has come out twice a month since it's inception, but starting in July you can expect a fun new format! I'm bringing on new music and a shorter intro, adding a reader question or topic of the week,

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Eric Rosenberg - Personal Finance and Entrepreneurship Expert 1:00 22207
PPP058: I’m Jordan Goodman and I’m The Money Answers Man https://personalprofitability.com/episode58/ Thu, 29 Jun 2017 12:00:00 +0000 http://3.136.100.179/?p=21242 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Jordan Goodman has a long history with personal finance, and his mind contains a treasure trove of knowledge on all things finance. In this episode, we talk early mortgage payoff, investing, and a heck of a lot more. You can learn a lot from Jordan, also known as “The Money Answers Man”, which is why […]</p> The post <a href="https://personalprofitability.com/episode58/">PPP058: I’m Jordan Goodman and I’m The Money Answers Man</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Jordan Goodman has a long history with personal finance, and his mind contains a treasure trove of knowledge on all things finance. In this episode, we talk early mortgage payoff, investing, and a heck of a lot more. You can learn a lot from Jordan,
Resources
http://www.lendit.com/
http://commercialrealestateincomefunds.com/
https://www.realtyshares.com/
Motif Investing
https://truthinequity.com/
http://myloangem.com/
http://carq.com/
https://www.truecar.com/
https://personalprofitability.com/blog/
http://www.moneyanswers.com/
The Money Answers Radio Show

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Eric Rosenberg - Personal Finance and Entrepreneurship Expert 39:55 21242
PPP057: I’m Alex Barker and I’m a Side Hustle Addict https://personalprofitability.com/episode57/ Thu, 15 Jun 2017 12:00:00 +0000 http://3.136.100.179/?p=21241 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Alex Barker and I are kindred spirits. We both love the side hustle! Alex maintains a full-time job and works on a variety of online projects. While he is busy working on the day job, he has a team of workers around the world keeping his online brands updated with fresh content. Learn how he […]</p> The post <a href="https://personalprofitability.com/episode57/">PPP057: I’m Alex Barker and I’m a Side Hustle Addict</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Alex Barker and I are kindred spirits. We both love the side hustle! Alex maintains a full-time job and works on a variety of online projects. While he is busy working on the day job, he has a team of workers around the world keeping his online brands ... Alex Barker and I are kindred spirits. We both love the side hustle! Alex maintains a full-time job and works on a variety of online projects. While he is busy working on the day job, he has a team of workers around the world keeping his online brands updated with fresh content. Learn how he juggles everything while still holding a job in this week's episode.







Resources Mentioned



* Pat Flynn* Fiverr* Upwork* Hiremymom.com* Virtual Staff Finder* Adulting with Miranda* AlexBarker.co







This post was originally published on June 15, 2017 and updated on November 21, 2019.
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Eric Rosenberg - Personal Finance and Entrepreneurship Expert 44:59 21241
PPP056: I’m Eva Baker and I Help Teens Become Entrepreneurs https://personalprofitability.com/episode56/ Thu, 01 Jun 2017 12:00:00 +0000 http://3.136.100.179/?p=21240 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Eva Baker started her blog as a high school project, and it blossomed into a cool brand around teen entrepreneurship. Teens Got Sense is now a well known, excellent resource for young people looking to break into entrepreneurship. It has grown to include an annual Teenprenuer conference and many amazing opportunities for Eva. Learn how […]</p> The post <a href="https://personalprofitability.com/episode56/">PPP056: I’m Eva Baker and I Help Teens Become Entrepreneurs</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Eva Baker started her blog as a high school project, and it blossomed into a cool brand around teen entrepreneurship. Teens Got Sense is now a well known, excellent resource for young people looking to break into entrepreneurship.

Resources Mentioned

* FinCon
* Dave Ramsey

Teens Got Cents

* Teens Got Cents
* Teens Got Cents Facebook
* Teens Got Cents Twitter
* Teens Got Cents Google+
* Teens Got Cents Pinterest
* Teens Got Cents Instagram

The Teenpreneur

* The Teenpreneur
* The Teenpreneur Pinterest
* The Teenpreneur Twitter
* The Teenpreneur Facebook

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Eric Rosenberg - Personal Finance and Entrepreneurship Expert 36:51 21240
PPP055: I’m Shannon McLay and I Run a Financial Gym https://personalprofitability.com/episode55/ Thu, 18 May 2017 12:00:00 +0000 http://3.136.100.179/?p=19044 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Shannon McLay started her career as a traditional Wall Street investment banker. Eventually she realized she could do a lot more to help her clients and left her high paying career to start The Financial Gym, a financial advising business with a very unique twist. Learn how she and her team of financial trainers help […]</p> The post <a href="https://personalprofitability.com/episode55/">PPP055: I’m Shannon McLay and I Run a Financial Gym</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Shannon McLay started her career as a traditional Wall Street investment banker. Eventually she realized she could do a lot more to help her clients and left her high paying career to start The Financial Gym,
Resources

* FinCon
* Podcast Movement
* Financially Blonde
* Automatic Millionaire

Connect with Shannon

* The Financial Gym
* Financial Gym Facebook
* Financial Gym Twitter
* Financial Gym Instagram
* Martinis and Your Money Podcast – Financially Blonde


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Eric Rosenberg - Personal Finance and Entrepreneurship Expert 47:26 19044
PPP054: I’m Josh Elledge and I Help Bloggers with PR https://personalprofitability.com/episode54/ Thu, 04 May 2017 12:00:00 +0000 http://3.136.100.179/?p=19043 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Josh Elledge has a long and interesting career that has included founding two successful online ventures. At SavingsAngel he helps people with money. At UpendPR, he helps entrepreneurs manage their reputation and gain free press. Learn some PR secrets and Josh's colorful history in this week's episode of the Personal Profitability Podcast.  Resources FinCon Podcast […]</p> The post <a href="https://personalprofitability.com/episode54/">PPP054: I’m Josh Elledge and I Help Bloggers with PR</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Josh Elledge has a long and interesting career that has included founding two successful online ventures. At SavingsAngel he helps people with money. At UpendPR, he helps entrepreneurs manage their reputation and gain free press.

Resources

* FinCon
* Podcast Movement
* EricRosenberg.com
* Eric's Twitter
* Upendpr.com/ppp
* Upendpr.com

Connect

* Josh Elledge on Twitter
* upendPR on Instagram
* Josh Elledge on LinkedIn
* Savings Angel on Youtube
* upendPR on Facebook
* Savings Angel podcast

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Eric Rosenberg - Personal Finance and Entrepreneurship Expert 45:32 19043
PPP053: I’m Elle Martinez and I Help Couples Manage Their Money https://personalprofitability.com/episode53/ Thu, 20 Apr 2017 12:00:00 +0000 http://3.136.100.179/?p=19042 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Elle Martinez realized that couples often have difficulties dealing with money. Rather than just solve her own problems, Elle started Couple Money, a blog and podcast focused on helping couples manage their bank accounts, investments, and everything in between. Learned how she turned this into a full-time job she loves in this week's episode of the […]</p> The post <a href="https://personalprofitability.com/episode53/">PPP053: I’m Elle Martinez and I Help Couples Manage Their Money</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Elle Martinez realized that couples often have difficulties dealing with money. Rather than just solve her own problems, Elle started Couple Money, a blog and podcast focused on helping couples manage their bank accounts, investments,
Resources

* Get Rich Slowly

* Dave Ramsey
* GOBankingRates
* Five Cent Nickel
* TurboTax
* New Year, New You Financial Summit
* CoupleMoney.com
* Couple Money Twitter
* Couple Money Facebook

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Eric Rosenberg - Personal Finance and Entrepreneurship Expert 38:36 19042
PPP052: I’m Phillip “PT” Taylor and I Run FinCon https://personalprofitability.com/episode52/ Thu, 06 Apr 2017 12:00:00 +0000 http://3.136.100.179/?p=19041 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Phillip “PT” Taylor is the man behind popular personal finance blog PT Money, but he is arguably better known as the founder of FinCon, the annual conference for personal finance media. FinCon has completely changed my life, and I would not have the amazing lifestyle I enjoy today if it were not for my good […]</p> The post <a href="https://personalprofitability.com/episode52/">PPP052: I’m Phillip “PT” Taylor and I Run FinCon</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Phillip “PT” Taylor is the man behind popular personal finance blog PT Money, but he is arguably better known as the founder of FinCon, the annual conference for personal finance media. FinCon has completely changed my life,
Connect with PT

* PT Money: Personal Finance by PT
* PT Money Twitter

Resources Mentioned

* FinCon
* TBEX
* Consumerism Commentary
* Affiliate Summit Marketing Conference
* Blogworld Expo
* Pat Flynn
* ProBlogger


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Eric Rosenberg - Personal Finance and Entrepreneurship Expert 43:59 19041
PPP051: I’m Sandy Smith and I Make and Sell Products https://personalprofitability.com/episode51/ Thu, 16 Mar 2017 12:00:00 +0000 http://3.136.100.179/?p=18898 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>If you look up hustle in the dictionary, you won't find a picture of Sandy Smith. But you probably should. From personal finance blogging to creating physical products she sells on Amazon, Sandy knows how to hustle and is on the countdown to leave her day job for full-time self-employment. Learn how she's planning to […]</p> The post <a href="https://personalprofitability.com/episode51/">PPP051: I’m Sandy Smith and I Make and Sell Products</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. If you look up hustle in the dictionary, you won't find a picture of Sandy Smith. But you probably should. From personal finance blogging to creating physical products she sells on Amazon, Sandy knows how to hustle and is on the countdown to leave her ...

 

* FinCon
* TBEX
* YesIAmCheap
* Etsy
* Periscope
* World Domination Summit
* ProBlogger Book
* Blinkist
* Twitter
* Eric Rosenberg Homepage
* The Hustle Crew Facebook Group
* Alibaba
* eBay

Connect with Sandy

* Facebook
* YouTube
* Pinterest
* Twitter

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Eric Rosenberg - Personal Finance and Entrepreneurship Expert 45:23 18898
PPP050: I’m Nate Bills and I Pay the Bills Working Online https://personalprofitability.com/episode50/ Thu, 02 Mar 2017 13:00:00 +0000 http://3.136.100.179/?p=18897 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Nate Bills used to have a regular day job, but through a combination of luck and hustle built an income to support his family with FBA, or Fullfillment by Amazon. Nate creates his own products under his own brand that he sells on Amazon.com, and he can manage the entire business working from home. He […]</p> The post <a href="https://personalprofitability.com/episode50/">PPP050: I’m Nate Bills and I Pay the Bills Working Online</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Nate Bills used to have a regular day job, but through a combination of luck and hustle built an income to support his family with FBA, or Fullfillment by Amazon. Nate creates his own products under his own brand that he sells on Amazon.com, Nate Bills used to have a regular day job, but through a combination of luck and hustle built an income to support his family with FBA, or Fullfillment by Amazon. Nate creates his own products under his own brand that he sells on Amazon.com, and he can manage the entire business working from home. He even makes money in his sleep! Learn more about how he did it on this week's episode of the Personal Profitability Podcast.











Resources







Nate's Product Scorecard TemplateDad Online EntrepreneursFBAAmazonFreedom Fast LaneScott Walker, The Amazing Seller PodcastAmazon.com Best SellersJungle Scout: Chrome ExtensionAlibabaFacebook AdsGoogle AdSenseAli PayeBaySoul Conceptions
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Eric Rosenberg - Personal Finance and Entrepreneurship Expert 43:19 18897
PPP049: I’m Steve Stewart and I’m a Professional Podcast Editor https://personalprofitability.com/episode49/ Thu, 16 Feb 2017 13:00:00 +0000 http://3.136.100.179/?p=18574 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Steve Stewart began his self-employed career as a financial coach, but over time and with the influence of trusted colleagues in his mastermind group, Steve shifted his focus to his love of podcasting, and the rest is history. Steve is now a full-time podcast editor and loves his job every single day. Learn more about […]</p> The post <a href="https://personalprofitability.com/episode49/">PPP049: I’m Steve Stewart and I’m a Professional Podcast Editor</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Steve Stewart began his self-employed career as a financial coach, but over time and with the influence of trusted colleagues in his mastermind group, Steve shifted his focus to his love of podcasting, and the rest is history.
Resources

* Amazon Basics Nano Bluetooth Speaker
* FinCon
* WordPress
* Amazon
* Pat Flynn's Smart Passive Income
* Adam and Drew Show
* Fat Mum Slim Blog
* Problogger
* StartUp Podcast
* Afford Anything
* ConvertKit
* Audacity
* PT Money
* Stacking Benjamins
* FreshBooks
* Google Docs
* Google Spreadsheet
* Google Drive
* Dropbox
* GarageBand
* EricRosenberg.com
* stevestewart.me

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Eric Rosenberg - Personal Finance and Entrepreneurship Expert 45:05 18574
PPP048: I’m Adam and I’m a Stay at Home Dad Entrepreneur https://personalprofitability.com/episode48/ Thu, 02 Feb 2017 13:00:00 +0000 http://3.136.100.179/?p=18573 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Adam didn't want to do the traditional 9-5 lifestyle, so he opened a gym in Portland, Oregon. But this wasn't just any gym, it was a green microgym. He has since closed the gym and now focuses on taking his green gym equipment nationwide as a full-time, work-from-home entrepreneur. Resources Mentioned Fiverr Total Body Turnaround […]</p> The post <a href="https://personalprofitability.com/episode48/">PPP048: I’m Adam and I’m a Stay at Home Dad Entrepreneur</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Adam didn't want to do the traditional 9-5 lifestyle, so he opened a gym in Portland, Oregon. But this wasn't just any gym, it was a green microgym. He has since closed the gym and now focuses on taking his green gym equipment nationwide as a full-time... Adam didn't want to do the traditional 9-5 lifestyle, so he opened a gym in Portland, Oregon. But this wasn't just any gym, it was a green microgym. He has since closed the gym and now focuses on taking his green gym equipment nationwide as a full-time, work-from-home entrepreneur.







Resources Mentioned



* Fiverr* Total Body Turnaround* Amazon* Side Hustle Post* Bunny Studio* Amazon Seller* FinCon* Slack* Pixelz* The Green Micro Gym
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Eric Rosenberg - Personal Finance and Entrepreneurship Expert 42:42 18573
PPP047: I’m Paul and I Live on the Road With My Family https://personalprofitability.com/episode47/ Thu, 19 Jan 2017 13:00:00 +0000 http://3.136.100.179/?p=18572 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Paul Kortman didn't want to live like everyone else, so he found a way to make it work. As an online entrepreneur, Paul and his family live in an RV traveling around Mexico. He has come so far with his business that he rarely works more than four hours per day and can work literally […]</p> The post <a href="https://personalprofitability.com/episode47/">PPP047: I’m Paul and I Live on the Road With My Family</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Paul Kortman didn't want to live like everyone else, so he found a way to make it work. As an online entrepreneur, Paul and his family live in an RV traveling around Mexico. He has come so far with his business that he rarely works more than four hours...
Resources Mentioned

* Connex Digital Marketing
* HomeAlongtheWay.com
* HomeAlongtheWay Facebook
* HomeAlongtheWay Twitter
* HomeAlongtheWay Google+
* NomadTogether

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Eric Rosenberg - Personal Finance and Entrepreneurship Expert 44:47 18572
PPP046: I’m Jana Lynch and I Side Hustle for Fun https://personalprofitability.com/episode46/ Thu, 05 Jan 2017 13:00:00 +0000 http://3.136.100.179/?p=18275 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Jana is an avid reader and blogger, and has had her share of online business adventures. Over time, however, she found that she was into more than making money online. She does it for the community and connections and loves every minute. With or without profit, she's happy to be online. Learn about her blogs, […]</p> The post <a href="https://personalprofitability.com/episode46/">PPP046: I’m Jana Lynch and I Side Hustle for Fun</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Jana is an avid reader and blogger, and has had her share of online business adventures. Over time, however, she found that she was into more than making money online. She does it for the community and connections and loves every minute.
Resources Mentioned

* Jana Says
* The Armchair Librarians – A book chat podcast
* Show Us Your Books Archive
* Amazon Associates Program – Amazon.com
* The Art of Racing in the Rain: Garth Stein
* Please Don't Come Back from the Moon: Dean Bakopoulos
* The Outsiders: S. E. Hinton

Connect with Jana

* Jana's Instagram
* Jana's Twitter
* Jana's Facebook

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Eric Rosenberg - Personal Finance and Entrepreneurship Expert 48:41 18275
PPP045: I’m Thomas Smyth and I Founded Trim https://personalprofitability.com/episode45/ Thu, 15 Dec 2016 13:00:00 +0000 http://3.136.100.179/?p=18274 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>One of the worst personal finance fails is being charged a fee for a service you don't use. Even though we don't want to pay for that type of service, millions of us are charged by all sorts of services without thinking twice. That is why Thomas Smyth founded Trim. A service that helps you […]</p> The post <a href="https://personalprofitability.com/episode45/">PPP045: I’m Thomas Smyth and I Founded Trim</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. One of the worst personal finance fails is being charged a fee for a service you don't use. Even though we don't want to pay for that type of service, millions of us are charged by all sorts of services without thinking twice.
Resources Mentioned

* TRIM
* Personal Capital
* Mint
* Audible (Special Offer: Get Two Free Audiobooks)
* Roku
* Time Warner Cable
* True Car
* Amazon
* Uber
* FTC
* TRIM Facebook Page
* Trim Twitter




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Eric Rosenberg - Personal Finance and Entrepreneurship Expert 39:14 18274
PPP044: I’m Tom Corson-Knowles and I’ve Written 26 Books to Sell on Kindle https://personalprofitability.com/episode44/ Thu, 01 Dec 2016 13:00:00 +0000 http://3.136.100.179/?p=18074 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Tom didn't want to go with a traditional Wall Street path after learning about the crazy hours, so he started a book writing and publishing business. He has since written more than 25 books on a variety of topics, and shares what he learned along the way and how you can turn your passion into […]</p> The post <a href="https://personalprofitability.com/episode44/">PPP044: I’m Tom Corson-Knowles and I’ve Written 26 Books to Sell on Kindle</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Tom didn't want to go with a traditional Wall Street path after learning about the crazy hours, so he started a book writing and publishing business. He has since written more than 25 books on a variety of topics,
Resources Mentioned

* Kindle Publishing Bible
* Fiverr
* Amazon Book Sales Calculator
* Amazon Best Sellers Rank
* Ebook Publishing School
* Kindle Direct Publishing
* Kobo
* Google Play
* ConvertKit
* upwork
* BookBump
* Tck Publishing
* Publishing Profits Podcast

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Eric Rosenberg - Personal Finance and Entrepreneurship Expert 48:06 18074
PPP043: I’m David Rubenstein and I Can Help With Your Credit https://personalprofitability.com/episode43/ Thu, 10 Nov 2016 13:00:00 +0000 http://3.136.100.179/?p=18073 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>David Rubenstein started his career as a big firm lawyer, but decided that life wasn't for him. He now works for himself and also runs a credit and credit card forum thanks to a longtime love for personal finance. Learn how he escaped the 9-5 life and got started with his credit forums side hustle in […]</p> The post <a href="https://personalprofitability.com/episode43/">PPP043: I’m David Rubenstein and I Can Help With Your Credit</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. David Rubenstein started his career as a big firm lawyer, but decided that life wasn't for him. He now works for himself and also runs a credit and credit card forum thanks to a longtime love for personal finance.
Resources Mentioned

* Google Fi
* Google Fiber
* FinCon
* QuickBooks
* Mint
* Personal Capital
* YNAB
* Yes I Am Cheap
* Fannie Mae
* CFPB

Connect with David Rubenstein
CreditForums.com : Where forum members talk about improving credit, identity theft, managing debt, credit cards, and whimsical stuff.

CreditShout.com : Where we post credit card reviews, advice on choosing cards and maxing out rewards, how credit works, saving money, and how to take control of your finances.

Facebook: We can be found at https://www.facebook.com/creditforums/ for Facebook.
Getting a Mortgage with a Thin Credit History
Following up with my friend Doug, he said that mortgage underwriters need a credit score for everyone. But when you have a thin file, they take a manual approach and look to alternate reports for payment history to help produce a credit file and score.

Based on that, I would not pay to have rent or utilities reported to the major credit bureaus if I wanted to build credit for a mortgage.

He did recommend that anyone recovering from a credit event (bankruptcy, etc.) or just not having credit should get a secured credit card (he likes Capital One) and one or two department store cards (Macy, Sears). Use the secure card to make a few purchases every month (they can be small) and then pay in full. Use the department store cards only when you open them to take advantage of the discount and any interest free financing. Doing that should build a good credit file and score in a few months.

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Eric Rosenberg - Personal Finance and Entrepreneurship Expert 46:56 18073
PPP042: I Run My Business from Mexico with Katie Hornor https://personalprofitability.com/episode42/ Thu, 27 Oct 2016 12:00:55 +0000 http://3.136.100.179/?p=18034 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Katie Hornor always knew she wanted to live abroad, and used her online business savvy to find a way to make it work. In this episode, learn how Katie and her husband run an online business, work as church missionaries, and travel the world while living in a 250 year old historic property near a […]</p> The post <a href="https://personalprofitability.com/episode42/">PPP042: I Run My Business from Mexico with Katie Hornor</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Katie Hornor always knew she wanted to live abroad, and used her online business savvy to find a way to make it work. In this episode, learn how Katie and her husband run an online business, work as church missionaries, Katie Hornor always knew she wanted to live abroad, and used her online business savvy to find a way to make it work. In this episode, learn how Katie and her husband run an online business, work as church missionaries, and travel the world while living in a 250 year old historic property near a beautiful Mexican beach. This an more in this week's episode of the Personal Profitability Podcast.







Connect with Katie



* Como Blog* Twitter* Pinterest* Google+* Instagram* Facebook



Resources Mentioned



* Paradise Praises* Blogging Succesfully* Shine Digital Marketing * Florida Parent Educator’s Association* Christian Women’s Writing Retreat * PTMoney* FinCon* WordPress* ConvertKit* LeadPages* Voxer* Upwork




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Eric Rosenberg - Personal Finance and Entrepreneurship Expert 39:43 18034
PPP041: Smart Business Partnerships with Joe and Kathleen from Stacking Benjamins https://personalprofitability.com/episode41/ Thu, 29 Sep 2016 12:00:00 +0000 http://3.136.100.179/?p=17969 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Coming to you live from #FinCon16 in San Diego, I sit down outside with Joe Saul-Sehy and Kathleen Celmins from Stacking Benjamins to discuss the ups and downs of working together compared to working alone. How did it all turn out and where are they today? Find out in this week's episode of the Personal […]</p> The post <a href="https://personalprofitability.com/episode41/">PPP041: Smart Business Partnerships with Joe and Kathleen from Stacking Benjamins</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Coming to you live from #FinCon16 in San Diego, I sit down outside with Joe Saul-Sehy and Kathleen Celmins from Stacking Benjamins to discuss the ups and downs of working together compared to working alone.
Resources Mentioned

* Fin Con 2016
* Stacking Benjamins
* Frugal Portland
* For Profit Blogging
* Free Financial Advising
* Trello
* Asana
* Skype
* Slack
* Google Calendar
* Base Camp
* Screen Hero
* Money For The Rest Of Us
* Get Rich Slowly
* World Domination Summit
* Art of Non-Conformity
* The Green Room
* Money Boss

 
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Eric Rosenberg - Personal Finance and Entrepreneurship Expert 30:58 17969
PPP040: 5 Month Self-Employment Review https://personalprofitability.com/episode40/ Thu, 08 Sep 2016 12:00:00 +0000 http://3.136.100.179/?p=17859 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>At big corporations, most employees get an annual review and a semi-annual review. But now that I work for myself, I can give myself a review whenever I want! Check in on how I'm doing full-time and what I'm working on in this episode of the Personal Profitability Podcast. Resources Mentioned QuickBooks Become a Patreon […]</p> The post <a href="https://personalprofitability.com/episode40/">PPP040: 5 Month Self-Employment Review</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. At big corporations, most employees get an annual review and a semi-annual review. But now that I work for myself, I can give myself a review whenever I want! Check in on how I'm doing full-time and what I'm working on in this episode of the Personal P...

Resources Mentioned

* QuickBooks
* Become a Patreon Supporter
* CloudPeeps
* Join the Exclusive Personal Profitability Facebook Group
* ProBlogger
* Screw The Nine to Five 

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Eric Rosenberg - Personal Finance and Entrepreneurship Expert 23:32 17859
PPP039: I’m Eric Nisall and I Do Accounting Like a Boss https://personalprofitability.com/episode39/ Thu, 18 Aug 2016 12:00:00 +0000 http://3.136.100.179/?p=17764 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Eric Nisall's first job was at McDonald's. He has come a long way to running his own accounting business full-time. Learn how he went from flipping burgers to crunching numbers in this week's episode. Resources Mentioned AccountLancer  EricNissal.com Eric Nisall on Twitter</p> The post <a href="https://personalprofitability.com/episode39/">PPP039: I’m Eric Nisall and I Do Accounting Like a Boss</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Eric Nisall's first job was at McDonald's. He has come a long way to running his own accounting business full-time. Learn how he went from flipping burgers to crunching numbers in this week's episode. Resources Mentioned AccountLancer  EricNissal.

Resources Mentioned

* AccountLancer 
* EricNissal.com
* Eric Nisall on Twitter

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Eric Rosenberg - Personal Finance and Entrepreneurship Expert 44:00 17764
PPP038: Get Out of Debt with Conscious Spending https://personalprofitability.com/episode38/ Thu, 04 Aug 2016 12:00:00 +0000 http://3.136.100.179/?p=17731 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Whether you are living under a mountain of debt or completely debt free, making good spending choices is important. If you struggle to prioritize or feel like you're having trouble making ends meet, take the challenge at the end of this episode to get on track to reach your goals! Resources Mentioned Save Big on […]</p> The post <a href="https://personalprofitability.com/episode38/">PPP038: Get Out of Debt with Conscious Spending</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Whether you are living under a mountain of debt or completely debt free, making good spending choices is important. If you struggle to prioritize or feel like you're having trouble making ends meet, take the challenge at the end of this episode to get ... Whether you are living under a mountain of debt or completely debt free, making good spending choices is important. If you struggle to prioritize or feel like you're having trouble making ends meet, take the challenge at the end of this episode to get on track to reach your goals!







Resources Mentioned



* Save Big on Your TV Bills When You Cut the Cord * PPP029: I'm Eric and I Quit My Job* How to Cut Your Monthly Expenses 







Relevant Posts



* Discover a Path to Debt Freedom* How to Manage Student Loan Payments when Self-Employed* 5 Steps to Paying Off a Mortgage Early * Kevin Smith & Friends at Podcast Movement * Should I Pay Off Debt or Save for Retirement?



This post was originally published on August 4, 2016 and updated on July 15, 2019.
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Eric Rosenberg - Personal Finance and Entrepreneurship Expert 13:42 17731
PPP037: Kevin Smith and Friends at Podcast Movement https://personalprofitability.com/episode37/ Thu, 21 Jul 2016 12:00:00 +0000 http://3.136.100.179/?p=17669 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Last week at the Podcast Movement conference I was sitting with online income experts Michelle Jackson, Miranda Marquit, and Philip Taylor discussing side hustles and online income. Then Kevin Smith, yes, that Kevin Smith, dropped in to join us. Enjoy this live recording with personal finance experts and Silent Bob himself this week on the […]</p> The post <a href="https://personalprofitability.com/episode37/">PPP037: Kevin Smith and Friends at Podcast Movement</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Last week at the Podcast Movement conference I was sitting with online income experts Michelle Jackson, Miranda Marquit, and Philip Taylor discussing side hustles and online income. Then Kevin Smith, yes, that Kevin Smith, dropped in to join us.

Resources Mentioned

* Podcast Movement on Facebook
* Miranda Marquit on The Personal Profitability Podcast
* Adulting.TV
* The D.O.N.E Society 
* PT Money
* Kevin Smith on Twitter

Full Transcript
Eric Rosenberg: Ladies and gentlemen, boys and girls, children of all ages, welcome back to the Personal Profitability Podcast. As always I am your amazing host, Eric Rosenberg. And I'm coming to you live from Podcast Movement. It's a conference taking place today in Chicago, Illinois. I traveled here for it. It's similar to FinCon, which you've heard a lot about in the past. I'm actually sitting at the FinCon table with some FinCon friends who we're gonna talk to in a minute.
Before we start talking to them I have to tell you a really really quick story. So this morning the opening keynotes took place and I saw two speakers that I was super excited to see almost like a little fanboyish. The first one that I was super excited to see was Anna Sale from the podcast Death, Sex and Money. I've been listening to it since the beginning. I was totally excited by what she had to say. But after her we saw in the flesh the real live Silent Bob. Yes, Kevin Smith. So I'm like totally buzzing right now. I just saw Kevin Smith. And I grabbed my friends, Miranda and ..
Miranda Marquit: How do you forget my name?
Eric: I didn't forget your name.
Miranda: Okay.
Eric: And Michelle.
Miranda and Michelle: M & M
Eric: Who's gonna go, one at a time. Anyway, we'll just do it all at once. So Miranda and Michelle, M & M's, with me right now. Miranda you've heard before. She was on an earlier episode. And Michelle, I was supposed to be on her podcast. We recorded one of the coolest episodes ever. Totally hungover, in my pajamas in lobby of a hotel in Charlotte, North Carolina and the recorder didn't work. We didn't get the episode. We're gonna do that one again sometime when Michelle has time to have me on her show.
Michelle Jackson: With a hangover, too, right, I hope.
Eric: I will to get a hangover again. So anyway, say hello. Let's start with Miranda. Just say a quick hello, who you are, what you're about, what you do.
Miranda: Hi, my name is Miranda Marquit. I am a freelance writer and professional blogger. So I make my money writing online but I also have some podcast, I have three different podcasts. I love listening to Kevin Smith as well because there is nothing I love more in life than profanity-laced wisdom.
Eric: I don't know how many F-bombs and; it was just like boom!
Michelle: So many F bombs.
Miranda: But there was so many great wisdom drops, right? And this man, I consider myself very good at swearing but he is a master. He's a master of the craft.
Eric: So Michelle, tell your story, what you're about, your website, where people can find you.
Michelle: Hi, guys. I'm here at Podcast Movement. My name is Michelle Jackson. I am a personal finance and lifestyle blogger. For purposes of Podcast Movement I'm also sharing my blog and podcast called The D.O.N.E. Society, D-O-N-E, Done onto new experiences,]]>
Eric Rosenberg - Personal Finance and Entrepreneurship Expert yes 47:23 17669
PPP036: I’m Adam Piplica and I’m a UK Diploma-Qualified Paraplanner https://personalprofitability.com/episode36/ Thu, 07 Jul 2016 12:00:00 +0000 http://3.136.100.179/?p=17588 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>British blogger Adam Piplica left his job as a marketing analyst to pursue blogging full-time, but then decided to go back into the full-time working world as a certified financial planner to really make a difference in people's lives. Hear how it all happened in this week's episode. Resources Mentioned Magical Penny  Adam Piplica on […]</p> The post <a href="https://personalprofitability.com/episode36/">PPP036: I’m Adam Piplica and I’m a UK Diploma-Qualified Paraplanner</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. British blogger Adam Piplica left his job as a marketing analyst to pursue blogging full-time, but then decided to go back into the full-time working world as a certified financial planner to really make a difference in people's lives.

Resources Mentioned

* Magical Penny 
* Adam Piplica on Twitter 
* Adam Piplica on Instagram

Transcription
Eric Rosenberg: Ladies and gentlemen, boys and girls, children of all ages, welcome back to the Personal Profitability Podcast. As always I am your host, Eric Rosenberg. And I'm very excited to have a special guest on. This guest, I've recorded now I'm on the West Coast, I've recorded with some folks on the East Coast; that's a 3-hour time difference. This is our biggest time difference yet we've recorded. It's 10:30 in the morning my time but 6:30 on the other side of the pond, in jolly Old England. And my friend, Adam Piplica is on the line with us. Say hello to everyone, Adam
Adam Piplica: Hello, I'm really excited to be here.
Eric: So before we get into the meat of it, I have to share. A few weeks ago, I was in London, I guess now a month or so ago, and I got to see Adam. He invited me to a finance blogger meetup in London which was so cool. I was the only Yankee allowed on the premises, the only American.
Also on that trip I got these really, really cool socks. There's this store, I always thought it was pronounced ‘Charles Tyrwhitt, but my friend who works on the equivalent of Wall Street for England over on the business district, he's a lawyer there, he told me it's actually ‘Charles Tyrwhitt.' So I apologize for having mispronounced it for so long. But I went to the store. It is one of my absolute favorite stores for men's clothing. I don't wear a lot of women's clothing. I went to the store, I picked up these sweet Union Jack socks. The Union Jack is the logo on the British flag. So I'm wearing my Union Jack socks right now in honor of recording with someone in England.
Adam: I loved you've got it all on theme. I'm not wearing American socks but…
Eric: I don't own American flag socks so only British flag socks. I don't know, maybe I need to move over to London or something. I'm kidding. I'm enjoying living on the beach.
To get on to what we're really here to talk about is profitability topics like always. And Adam i met a few years ago in Denver. He came out for FinCon when it was in my hometown; my old hometown now, in Colorado. We've stayed in touch over the last four, five years just about. Adam is a really genuine nice guy. He's very transparent with his journey. And what brought him to FinCon in the beginning was he has a site called Magical Penny but he then went on and created a whole finance career.
Early Investments and The Magical Penny
Let's dive in and talk about the genesis of it all. Where did the idea for Magical Penny came from?
Adam: Well thanks, Eric for having me on here. I'm quite excited because I started Magical Penny over here in England because I was reading a lot of American websites hearing all about 401(k)s and Roth IRAs and getting excited. And then I went to…
Eric: I don't think many people get all that excited about 401(k)s but there are a few of us.
Adam: It was all fancy at first because I first started getting interested in the stock market and investing when I had no money whatsoever when I was at college. I just couldn't wait to start my new job. I had it all planned out. I was gonna save and start investing and I just needed that first paycheck to come.]]>
Eric Rosenberg - Personal Finance and Entrepreneurship Expert clean 40:16 17588
PPP035: I’m Jason Vitug and I Went on a Financial Literacy Road Trip https://personalprofitability.com/episode35/ Thu, 16 Jun 2016 12:00:00 +0000 http://3.136.100.179/?p=17564 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Jason Vitug started with a traditional career path in Silicon Valley, but walked away from it all to found Phroogal, a website dedicated to answering people's questions about financial literacy. His projects have grown to include an annual Financial Literacy Road Trip and a brand new book. Find out more in this week's episode of […]</p> The post <a href="https://personalprofitability.com/episode35/">PPP035: I’m Jason Vitug and I Went on a Financial Literacy Road Trip</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Jason Vitug started with a traditional career path in Silicon Valley, but walked away from it all to found Phroogal, a website dedicated to answering people's questions about financial literacy. His projects have grown to include an annual Financial Li...

Resources Mentioned

* Phroogal|Best and Simplest Way to Learn About Money
* Jason Vitug on Twitter
* The Smile Lifestyle

Transcription
Eric Rosenberg: Ladies and gentlemen, boys and girls, children of all ages, welcome back to the Personal Profitability Podcast. And as always I am your host, Eric Rosenberg. And today I'm excited to have a very special guest who's name I'm not going to butcher unlike last time because we talked about it before we got on.
On the line with me is Jason Vitug who is a, as far as I am concerned, a world-renowned author, blogger, speaker, and road-tripper. We'll get into all of that as we go forward. Everyone say hello to Jason and Jason say hello to everyone.
Jason Vitug: Hello everyone. It's good to be here.
Eric: Welcome, I'm so excited to have you. Jason, like some past guests, I know through FinCon and he was a speaker at Ignite which is a, it's like Ted Talks on speed. It's kind of the way I like to think about it. It's an informative talk that is exactly five minutes long to the second. And it's enforced by a PowerPoint deck that has to be 20 slides on a fifteen second auto advance.
A couple of years ago, Jason was one of the speakers at Ignite which was a blast. So that's how I really got to know Jason but he's doing a lot more now and some really cool stuff.
So before we dive into that, I always say personal finance should be fun, it should be personal. It shouldn't always be stuffy. So I'm sitting here with Jason virtually toasting over the internet airwaves. I'm having a Stone IPA. Now that I'm a California local I gotta have a California beer. And Stone is down in San Diego. I've been to San Diego but not to the brewery yet. That's on my to-do list. Arrogant Bastard, I think is one of the coolest names of any beers out there but I don't really loved it. The beer, it's a little malty for my taste. But the Stone IPA, a little more mellow but still got that hoppy bite. That's my pick for the day. What are you drinking on your end, Jason?
Jason: Aside from my normal beer, I'm holding a Fat Tire.
Eric: Fat Tire. That's a good choice.
Jason: Yeah. A New Belgium Fat Tire, Amber Ale to be specific. I just love the bitterness of it. It has this unique taste and so it's nice and cold so it's perfect.
Eric: Nice cold is…You know actually a funny thing I was just in England a few weeks ago and a lot of the beers there they don't drink as cold as we do here. They have them, not quite room temperature but usually pretty close. Though some they do like room temperature. I definitely like the American ice cold beer version rather than the warm beer they have over there.
Jason: I agree with you, too. Whenever I go, I came back from the Philippines and it's very hard to keep anything cold out in the subtropics so it's like I need a ton of ice to keep it cold. So we never get any chance to drink really cold beer on a, I mean today it's pretty hot so on a hot spring day, ti's  a perfect, perfect moment.
Eric: A funny thing, Coor is, which is from Colorado like I am from Colorado and New Belgium, like you're drinking is from Colorado, they have these taps they're special taps just for Coors Light that they're shaped...]]>
Eric Rosenberg - Personal Finance and Entrepreneurship Expert clean 50:49 17564
PPP034: I’m Matt Giovanisci and I’m an Online Income Experimenter https://personalprofitability.com/episode34/ Thu, 02 Jun 2016 12:00:00 +0000 http://3.136.100.179/?p=16839 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Matt Giovanisci never went to college, but he schools most of us when it comes to starting an online community. The internet's foremost expert on swimming pools tells us how he makes a mostly passive living from one site, and how he is trying to replicate his success through experimentation. Resources Mentioned Swim University Roasty […]</p> The post <a href="https://personalprofitability.com/episode34/">PPP034: I’m Matt Giovanisci and I’m an Online Income Experimenter</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Matt Giovanisci never went to college, but he schools most of us when it comes to starting an online community. The internet's foremost expert on swimming pools tells us how he makes a mostly passive living from one site,

Resources Mentioned

* Swim University
* Roasty Coffee
* Money Lab
* Driven
* Listen Money Matters 

Transcription
Eric Rosenberg: Ladies and gentlemen, boys and girls, children of all ages, welcome back to the Personal Profitability Podcast. And as always I am your host, Eric Rosenberg. And today we have a very special guest. This guest is someone I met at FinCon surprisingly, like many of the other guests on here.
Matt is… he's multi-talented. He is not just a finance-minded guy, which we'll talk a little bit about his finance blogging background and how he came together and all the cool projects he's working on now that have things more to do with coffee than finance but we'll get into that. Everyone welcome… I want to make sure I don't butcher your name which I should have asked you before we started recording. This is Matt Giovanci. Did I get that right?
Matt Giovanisci: No.
Eric: See I didn't get it right at all. Go for it.
Matt: Giovanisci.
Eric: See. That's what I meant to say. I'm Jewish. I don't know Italian.
Matt: I'm like a 16th Jewish, I think.
Eric: So if there was a ‘chet' instead of an i-s-c-i in there.
Matt: Say Giovanisci.
Eric: There we go. Got it.
Matt: That was a lame attempt to add chet, whatever that is called.
Eric: ‘Hebtalian'
Matt: ‘Hebtalian'?
Eric: We just invented a language on the podcast. That's kind of fun. So anyway everyone, Matt is here with us, who's name I obviously did not know that well. But I do know his first name, Matt.
Matt: That's all you need to know. I don't even know my last name all that well.
Eric: And I spell my last name normally right. However right now I'm having a delicious beer which is actually not a very strong beer. So it shouldn't make me spell my last name wrong. But as I always say in a lot of these episodes, long time listeners will know. Personal finance should be personal, it should be fun. It shouldn't always be all stuffy and boring. So I am drinking now that I am a California local, a Lagunitas Beer, which is made just north of San Francisco in Petaluma. This one's the Lagunitas DayTime Ale. They call it a Fractional Pale Ale cause it has a lot of the IPA flavor but it's actually a lower alcohol…
Matt: It's a session beer.
Eric: Yeah, exactly. It's like a session IPA; which I'll be getting into more since I'm like an old man and on cholesterol medicine and heartburn medicine. So I get drunk at the drop of the hat if I have a real IPA. So I've been keeping it more mellow lately. And I'm a dad so I drink like half as much and my tolerance is like nothing. What are you drinking over on your side?
Matt: So I was going to say, speaking of Hebrew…
Eric: I think I know where you're going with this.
Matt: It's actually uhmm..So I'm gonna do it. Right here on the air. Ready?
Eric: It sounds beautiful.
Matt: It's a LaCroix. No, I'm kidding. It is a Black IPA from Sanitas Brewing Company. Are you familiar with Sanitas?
Eric: I've heard of them but I don't know where they are.
Matt: So they are in Boulder. I live in Boulder currently where you went to school and...]]>
Eric Rosenberg - Personal Finance and Entrepreneurship Expert clean 67:08 16839
PPP033: The Unseen Story of Quitting Your Job for Self Employment https://personalprofitability.com/episode33/ Thu, 19 May 2016 12:00:00 +0000 http://3.136.100.179/?p=16838 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Leaving a big employer to start on a path of self-employment looks glamorous, but there are many aspects of leaving a job that you don't get to see until you make the plunge. Here is an inside look at my experience in my first month as a full-time online entrepreneur, and answers to some common […]</p> The post <a href="https://personalprofitability.com/episode33/">PPP033: The Unseen Story of Quitting Your Job for Self Employment</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Leaving a big employer to start on a path of self-employment looks glamorous, but there are many aspects of leaving a job that you don't get to see until you make the plunge. Here is an inside look at my experience in my first month as a full-time onli... Leaving a big employer to start on a path of self-employment looks glamorous, but there are many aspects of leaving a job that you don't get to see until you make the plunge. Here is an inside look at my experience in my first month as a full-time online entrepreneur, and answers to some common questions.











Resources Mentioned



* Monthly Income Reports* Yakezie



Transcription



Eric Rosenberg: Ladies and gentlemen, boys and girls, children of all ages, welcome back to the Personal Profitability Podcast. As always I am your host, Eric Rosenberg. Today I'll start off by saying sorry if my voice sounds a little hoarse. I'm actually recovering from a cold and a sinus infection I picked up. I don't expect you to feel bad for me though because I picked it up while I was off on a trip working and playing in London and Paris. Sorry about that, the normal voice not sounding there…the voice not sounding normal. But please bear with me.



Establish a Foundation



Today I wanted to talk about as I answer some questions. A lot of readers and friends and family have been asking me about this whole transition from working for a big Fortune 500, company something that I've done more or less my whole career I've been working for Fortune 500 or at least Fortune 1000 companies, and now I am working for a company of one. That's a huge transition on all sorts of things. So I wanted to answer some of the most common questions and talk a little bit about what it's been like so far, about a month into this new self-employment adventure. Let's dive in a talk about it.



First, a lot of people ask me what my income was like getting to this point. I do publish income reports every month on the blog. So you can go check those out. If you go to the show notes there will be a link to the page that has a summary of those. So you can check all those out on the website. But the general outline of how things have gone, I made my first dollar online actually in high school. I started to really seriously try to make income on the side, and that was all online through my websites, starting around 2008.



So this was not just an overnight thing. This is no get-rich-quick scheme. This is a lot of hard work and elbow grease. And for a lot of those years I was really working, it felt like a job and a half or two full time jobs. It was not come home and write a quick blog post and everything takes care of itself. Building up a business like this that you can support a family on involves not just writing – it's marketing and networking and connecting with people. There's so many parts to it. I had list off a half a dozen things any of which if they hadn't happened, I wouldn't be in this position today.



Build Connections



One of those things is connecting with a group called The Yakezie, that's Y-A-K-E-Z-I-E dot com, started by my friend, Sam at FinancialSamurai.com. And without that group I would… that was when my blog really pivoted from being just a little hobby to something that are really just trying to focus on growing and building more of an income from. Working with that community I was doing something that I don't really do as much of anymore, just a little, but there was a time that sponsored posts were a really little big thing for finance blogs. You could charge a whole bunch of money to write posts and link back to companies. I do that a little bit now but I'm a little more transparent. There's different rules of how you do that. But back then it was kind of the standard thing so I made a whole bunch of mon...]]>
Eric Rosenberg - Personal Finance and Entrepreneurship Expert 20:17 16838
PPP032: Discover a Path to Debt Freedom https://personalprofitability.com/episode32/ Thu, 05 May 2016 12:00:00 +0000 http://3.136.100.179/?p=16837 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Debt sucks! The payments can cripple your ability to buy a home, travel, or even pay for the basics like rent and groceries. If you want to dig out of that giant pile of debt, start with this list of major to-dos, including creating a debt snowball payoff plan. Resources Mentioned My Debt, How I'm […]</p> The post <a href="https://personalprofitability.com/episode32/">PPP032: Discover a Path to Debt Freedom</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Debt sucks! The payments can cripple your ability to buy a home, travel, or even pay for the basics like rent and groceries. If you want to dig out of that giant pile of debt, start with this list of major to-dos, debt snowball payoff plan.


Resources Mentioned
My Debt, How I'm Paying It, and the Snowball Effect
Unbury.us
Transcription
Eric Rosenberg: Ladies and gentlemen, boys and girls, children of all ages, welcome back to the Personal Profitability Podcast. As always I am your host, Eric Rosenberg. Welcome back to episode number 32. And as always the show notes can be found at the name of the episode. So you go to personalprofitability.com/episode32. It'll be how you find this one or any other episode – just /the word episode spelled out and then the two numbers or three numbers once we hit a hundred, which we're a little ways off from.
So first I want to say sorry for missing our last scheduled episode. I've never missed a scheduled episode before going on the first and third Thursdays of every month. But this last month has been absolutely crazy. As I have shared in a previous episode, I quit my job, I moved. I'm actually recording this in my new living room here in Ventura, California. You can call this Personal Profitability HQ and Studios, all-in-one. One thing from moving, for me, less expensive state to a more expensive state, is I live in a smaller place. So the living room is my office. I actually got a cool working space, too, which is pretty cool. We'll talk about that in a future episode.
Today I wanted to talk about something that I came across. I emailed the entire email list. If you're not on the email list definitely get on there. Go to personalprofitability.com. It's right on the front and center of the homepage, very easy to sign up or personalprofitability.com/email. You get straight to a signup form.
I sent out an email to the list and gave away a whole bunch of books. Right before I moved I had a stack of personal finance books that weighed about 20lbs. and decided I'm gonna give it to two lucky winners and only people on the email list are eligible to sign up for that. So they signed up and the only thing they had to do to enter was answer a couple of quick questions on a survey.
And the number one problem that everybody who is on the email list has is how can they get out of debt. And I think that's a really, really common problem these days. I've talked to a lot of friends and other finance bloggers about their debt situations and it seems that everyone is with the same struggles. Student loan debt is going out of control. There's I think 1.3 trillion, with a T, dollars in outstanding student loans right now. The average graduate is getting out of undergrad with $35,000 in student loans.
I was lucky to, I worked really hard and got a full ride scholarship to undergrad thanks to the Boy Scouts of America. So shout out to the Denver Area Council and the John Madden Scholarship Fund there. So I got out of undergrad debt free but then when I went to my $90,000 MBA program, I did not get out of that debt free. I had about $40,000 in students loans when I finished. I busted my butt in my whole life so I've never had any credit card debt. I've never to this day, ever paid a cent in credit card interest but I have had a couple of mortgages, I had a car loan once and plus this $40,000 in student loans.
I paid off my car loan in less than half the time that it was scheduled. It was a five year loan. I paid it off in a little over two years.]]>
Eric Rosenberg - Personal Finance and Entrepreneurship Expert clean 23:39 16837
PPP031: It’s Time to Get to Work to Earn Your First Dollar on the Side https://personalprofitability.com/episode31/ Thu, 07 Apr 2016 12:00:00 +0000 http://3.136.100.179/?p=16836 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>You may have noticed today's episode is shorter than usual. Listen or read on to see why, and what you should do when you are done listening this week on the Personal Profitability Podcast. Full Transcript Eric Rosenberg: Ladies and gentlemen, boys and girls, children of all ages. Welcome back to the Personal Profitability Podcast. […]</p> The post <a href="https://personalprofitability.com/episode31/">PPP031: It’s Time to Get to Work to Earn Your First Dollar on the Side</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. You may have noticed today's episode is shorter than usual. Listen or read on to see why, and what you should do when you are done listening this week on the Personal Profitability Podcast. Full Transcript Eric Rosenberg: Ladies and gentlemen,

Full Transcript
Eric Rosenberg: Ladies and gentlemen, boys and girls, children of all ages. Welcome back to the Personal Profitability Podcast. As always, I am your host, Eric Rosenberg. And today you might have noticed that the episode link is a lot shorter than usual. I'm gonna explain why in just a second.
If this is your first time ever listening to the podcast this is probably not the best place to start. I would hit ‘stop' now, go back a whole bunch of episodes. Really, I think it's great from the beginning. So if you're new or have picked up along the way, you know I have every episode ever, up and available for download on iTunes, Stitcher or whatever platform you like.
But here is why today is short and special and different. One thing that I see commonly across people who have big dreams and inspirations of starting a side business or making money on the side or even going full time in their own business like I'm doing just this week, people just don't take that first step. They don't take that first action. I always say it always starts with the first dollar. But people always say, you know, they're so busy, they don't have the time. They come up with excuse after excuse, after excuse, after excuse.
Today I'm taking away one of your excuses. You are not too busy to earn your first dollar on the side. You know I started blogging on the side, actually it was over 10 years ago now, just about 10 years ago this summer, I was busy, I had a full time job, I was a full time student, I was working at a summer camp, I did all these things. When I had my MBA, I was working on my MBA full time the same time I had a full time job and I still managed to crank out blog posts. So if I had time to do that, whatever your dream business is you can start in only 15 minutes a day.
But today I'm gonna give you forty minutes because my podcast episodes are usually about 45 minutes long give or take, sometimes they're half hour, sometimes they're an hour, but I usually target about 45 minutes and today I'm targeting about 5 minutes or less because I'm giving you 40 minutes back that you would have spent listening to this podcast to go do something valuable for your business to earn your first dollar. Because that's where it starts – the first dollar.
The first nickle I made online was with something that existed long before Google's Adsense which has made me quite a bit over a nickle though, I've removed that from my primary income streams. There was this old click advertising network on Yahoo that if people clicked you had a nickle. That was how I earned my first nickle on a website when I was in high school at the time. Now it's grown to $40,000 in revenue last year and becoming my full time job.
So I'm gonna shut up now and let you get to work. Take the next forty minutes to do something, whether it's buying a domain name, setting up a website, if you need help email me eric@3.136.100.179, but do something to get your business moving and get towards earning your first dollar on the side.
That's all I have to say. You too are challenged if you are like Barney from How I Met Your Mother, I want you to get up and get in this cool pose that I'm doing now, kind of dorky and say, ‘Challenge accepted!” And get to work.

Until next time, stay profitable.
]]>
Eric Rosenberg - Personal Finance and Entrepreneurship Expert clean 4:21 16836
PPP030: I’m Paula Pant and I Help People Afford Anything https://personalprofitability.com/episode30/ Thu, 17 Mar 2016 12:00:00 +0000 http://3.136.100.179/?p=16835 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>This week we welcome special guest Paula Pant from Afford Anything. We discuss real estate investing, running an Airbnb, favorite travel destinations, and more in this episode of the Personal Profitability Podcast. Resources Mentioned: Afford Anything Paula on Twitter Paula on Facebook Bigger Pockets Full Transcript Eric Rosenberg: Ladies and gentlemen, boys and girls, children of […]</p> The post <a href="https://personalprofitability.com/episode30/">PPP030: I’m Paula Pant and I Help People Afford Anything</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. This week we welcome special guest Paula Pant from Afford Anything. We discuss real estate investing, running an Airbnb, favorite travel destinations, and more in this episode of the Personal Profitability Podcast. This week we welcome special guest Paula Pant from Afford Anything. We discuss real estate investing, running an Airbnb, favorite travel destinations, and more in this episode of the Personal Profitability Podcast.











Resources Mentioned:



* Afford Anything* Paula on Twitter* Paula on Facebook* Bigger Pockets



Full Transcript



Eric Rosenberg: Ladies and gentlemen, boys and girls, children of all ages, welcome back to the Personal Profitability Podcast. As always I am your host, Eric Rosenberg and I'm excited today for episode number 30, the big 3-0, the dirty thirty.



We have another special guest for you here today. I know you guys are all probably wondering like, how is every guest special? Because I work hard to find some of the most awesome people out there. And if there were someone who represents of all the cool things that unicorns and rainbows, that is the person we have on the line. I'm speaking, of course about none other than Paula Pant of Afford Anything. Say howdy, Paula to everybody.



Paula Pant: Howdy! How's it going? I'm glad to be here.



Eric: Thank you, yeah. So Paula, if anyone is not familiar with Paula yet, so she, I met actually at the, I know FinCon comes up a lot on this podcast, I met her at the very first FinCon in a trendy Chicago suburb called Schaumburg. I don't know if you could really call it trendy but its home of one of the largest malls in the United States out of Minnesota. That's its claim to fame. They have a really big mall in Schaumburg.



Paula: I didn't know that.



Eric: Actually right after FinCon, one of my buddies who lives in Chicago, picked me up and we walked around the mall because had a little time to kill before we went to the airport. So I've now been to America's biggest and second biggest, I think, malls. Little tidbit of Chicago suburb history or claim to fame.



Paula has a site called Afford Anything which is totally well named for her motto. Paula has a very similar philosophy to me of ‘don't get so frugal that you're hurting your life. Go make more money and figure out how to live the life you want.' That's Paula's shtick.



If you wanna throw out an elevator speech, if I missed anything, tell people a little bit about you and your background and your site.



Paula: Sure. Exactly as you said the idea behind the site is to really focus on earning and investing. A little bit about myself is that I am a recovering penny-pincher. So back in the day I used to be obsessed with penny pinching. I used to be obsessed with frugality. We didn't have a whole lot of money starting out. We were immigrants. My family and I immigrated to the States when I was a child; I mean I was like a baby, I was in diapers. But you know, we always got by but we lived a very TJ Maxx sort of life.



And I just carried those lessons of frugality with me into my adulthood and I eventually realized that being obsessed with penny pinching was actually hurting me. And ironically it was actually harming my net worth because I was devoting so much time and energy focusing on frugality that I wa...]]>
Eric Rosenberg - Personal Finance and Entrepreneurship Expert 50:18 16835
PPP029: I’m Eric and I Quit My Job https://personalprofitability.com/episode29/ Thu, 03 Mar 2016 13:00:00 +0000 http://3.136.100.179/?p=16834 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>This week I have some huge news to share. I am going full-time online, and we are packing up camp here in Portland to move down to Southern California! Get the entire story of how I got here, why we're going, and what's next in this episode of the Personal Profitability Podcast. Resources Mentioned Ultimate […]</p> The post <a href="https://personalprofitability.com/episode29/">PPP029: I’m Eric and I Quit My Job</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. This week I have some huge news to share. I am going full-time online, and we are packing up camp here in Portland to move down to Southern California! Get the entire story of how I got here, why we're going,

Resources Mentioned

* Ultimate Online Income Tracker 
* My Dream City – Portland

Full Transcript
Eric Rosenberg: Ladies and gentlemen, boys and girls, children of all ages, welcome back to the Personal Profitability Podcast. I am your host, Eric Rosenberg and today I want to tell you a story. It's something a little different that I normally do. In this story is a really, really big announcement; probably the biggest announcement I've ever had to make to readers of this site. And listeners, sorry, those people who don't read, I wanna include everybody. 
I want to start at the beginning of this story, go way, way back in time. I started my blog…. the first time I ever started the blog was around 2007 that summer, no 2006, sorry, 2006 that summer. I don't have any notes in front of me I'm just kind of winging this one coz I just wanted to be in conversation with you guys. So I started in 2006 that summer. I was working at a Boy Scout Camp for my 7th summer and that summer my job shifted a little bit. I was the assistant business manager which meant that I was the guy that sat at the office and ran the office for the entire property. We had four camps on the property. And I was kind of the main administrative guy making sure that all the different troops paid their bills, making sure everything work the way it was supposed to.
I was in there a lot of the summer, you know, people come in and out and I help them. But I also have some down time while people are out, scouts doing classes, adults doing whatever adults do at Boy Scout camps, going around checking on their scouts and things. In those down times I had a laptop, I actually had my own laptop with me, and the building had internet; we were very high tech for 2006 having internet at a summer camp. We had high speed internet and all that down time I thought, oh I should do something with my time. 
Journey as a Blogger
So I went to this new thing called Blogger, it wasn't even owned by Google yet, it was just called Blogger. And I started a blog. It was called eric1985.blogspot.com. It doesn't exist anymore so you don't have to worry, go in to check on it. It was kind of a personal blog and I wrote my first blog post that summer in 2006. 
About halfway through that summer, maybe a little further I realized there's a lot of great political commentaries and things like that out there on these new blogs. And I wanna get in on that so I started a blog at the time I called, because I knew nothing about online marketing, I don't think many people knew much about online marketing at that point, I called it EricsPoliticalAndEconomicInsights.blogspot.com. Again that's one no longer there. And that blog actually I just shut down fully last year and it went through quite a metamorphosis and eventually became something called The Israel Situation. And I shut that down because I wanted to focus on more profitable endeavors. 
But that was really the first time I started to blog with the idea of trying to get out there and reach people and do something and maybe make a difference. I was writing primarily about Middle East politics and things and there's a lot of misinformation, a lot of really incorrect stuff going on out there and misrepresentations.]]>
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PPP028: I’m Jacob Wade and I Blew $100,000 and Learned My Lesson https://personalprofitability.com/episode28/ Thu, 18 Feb 2016 18:00:00 +0000 http://3.136.100.179/?p=16833 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Jacob Wade came into $100,000 at a young age thanks to a series of unfortunate events. The next unfortunate event was how he blew through that money without any budget or long-term plan. Hear how he did it and what he learned about budgets in this episode of the Personal Profitability Podcast. Resources Mentioned I […]</p> The post <a href="https://personalprofitability.com/episode28/">PPP028: I’m Jacob Wade and I Blew $100,000 and Learned My Lesson</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Jacob Wade came into $100,000 at a young age thanks to a series of unfortunate events. The next unfortunate event was how he blew through that money without any budget or long-term plan. Hear how he did it and what he learned about budgets in this epis...

Resources Mentioned

* I Heart Budgets
* The Complete Beginner Guide to Travel Hacking 

Full Transcript
Eric Rosenberg: Ladies and gentlemen, boys and girls, children of all ages, welcome back to the Personal Profitability Podcast for episode number 28. And I'm excited to have a really cool guest on with us today, someone who I met at FinCon, I think in St. Louis, that was FinCon 3 if I'm remembering right. We got to hang out and be buddies and went out to the after parties together and had an awesome time. And he came through in a clutch situation for me at this most recent conference when I couldn't figure out how the sound stuff works and this guy is a serious audio engineer. He has some good knowledge on that. And I am speaking, of course, of none other than the amazing Jacob Wade from I Heart Budgets, who's on the line with us. Say hello, Jacob.
Jacob Wade: Eric, thanks for having me. How's it going?
Eric: I'm doing excellent. It's a nice, cool Portland evening. I know you're just a few hours north up in Seattle, we share a specific northwest rained-in weather. It's a bummer this time of the year, I'm doing pilot lessons to learn how to be a pilot, pilot, about halfway through my hours but I have gotten very few hours since our infamous northwest winters have set in. I can't fly when it's cloudy. So that means I can't fly much.
Jacob: Yeah. So I was gonna say you've got like a 15-day window during the summer and you're good to go.
Eric: Yeah. I tell people when they haven't been up this way before, I'd say if you come after July 4th for about eight weeks you're pretty safe that you'll have nice weather and outside of that expect rain.
Jacob: Funny you mentioned that, it actually is required that it's after July 4th, coz it will rain on the 4th of July and then July 5th will be like 75 to 80 for the next eight weeks.
Eric: That's what Kathleen from Frugal Portland, she's another Portland local, she's been in this part of the world a lot longer than I have; me coming from Denver. And she was the one that told me 4th of July, that's when you can start saying the weather will be nice. It's an interesting way to, it's a good marker though.
Jacob: It is truth.
Eric: So speaking of blogs and people we know, could you share with everybody your story, how you started your website and a little bit about what your site is about?
Jacob: Yeah, absolutely. Name's Jacob Wade and I run the blog IHeartBudgets.net, pretty self-explanatory, it's a budgeting and finance-focused website based on getting on a budget, knocking out your money goals, some cool ways to save and just other great ways to manage your money.
So my background, if we go way back…
Eric: Let's do it. Let's dig in.
How I Blew $100,000 Before Turning 21
Jacob: I just turned 30 so let's go back 10 years, I was 20 and I was working at the RadioShack at the mall making a killing.
Eric: RadioShack does not exist anymore in the same form.
Jacob: Absolutely. So we were there selling prepaid cell phones and doing our thing; totally legit. But I was there working at RadioShack. I did a little construction with uncle in the summer. But it was mostly just the RadioShack job.
]]>
Eric Rosenberg - Personal Finance and Entrepreneurship Expert clean 41:59 16833
PPP027: I’m LaTisha Styles and I Quit My Job to Follow a Dream https://personalprofitability.com/episode27/ Thu, 04 Feb 2016 13:00:00 +0000 http://3.136.100.179/?p=16832 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Longtime listeners know the welcoming voice of LaTisha Styles from the start of the podcast. This week, she joined us for a real live interview! LaTisha Styles quit her “career” job and started a great new career online, and she shares how she did it in episode 27. Resources Mentioned: LaTisha Styles Young Finances  5 […]</p> The post <a href="https://personalprofitability.com/episode27/">PPP027: I’m LaTisha Styles and I Quit My Job to Follow a Dream</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Longtime listeners know the welcoming voice of LaTisha Styles from the start of the podcast. This week, she joined us for a real live interview! LaTisha Styles quit her “career” job and started a great new career online,

Resources Mentioned:

* LaTisha Styles
* Young Finances 
* 5 Surefire Steps to Grow Your Facebook Page 

Full Transcript
Eric Rosenberg: Ladies and gentlemen, boys and girls, children of all ages, welcome back to the Personal Profitability Podcast. I'm so excited to have a guest with us today, a voice that you’ve heard a handful of times if you have been listening since the beginning. She did, actually was the first person who recorded a little into bumper. So when you hear those people say, ‘Hi! I'm this person from this website and you're listening to the Personal Profitability Podcast.' This is the first one we ever used and I'm so excited to now have her with us as a guest. Ladies and gentlemen please welcome, LaTisha Styles. Say hello to everyone, LaTisha.
LaTisha Styles: Hi! Thank you so much for having me. I’m so excited to be here.
Eric: I'm so excited to have you. Before we dive in into the meat of the interview, personal finance I always say should be personal. It shouldn't be all stiff and boring. So I am sitting here with my beer of the day. It's actually a brand new one, I've never tried before. It's from New Belgium Brewing in my home state of Colorado where I grew up, probably a thousand miles or so from where I live, but New Belgium was always one of my favorites. They have a brand new one, this is new to me called Citradelic. It's a Tangerine IPA. That's what I'm drinking today. What are you having on your end?
LaTisha: You’re probably gonna think I’m super boring but I have a nice tall glass of ice cold water.
Eric: A nice glass of water. It's healthy. Lower calories, it's better for the gym. If you ever go to Golden Colorado and do the Coors Brewery Tour, they tell you on the tour about how they have Coors Light on tap in the gym. They say regular Coors is too heavy for working out. But Coors light, totally cool for the gym. So I'm rocking New Belgium, LaTisha's rocking her water, we'll dive in and get it on as they say.
Helping Young Adults with their Finances
Eric: Let's start. I wanna bring out how we first connected online. The first place I remember coming across something you did was from the Yakezie, way back in the day. Your site had a different name back then. Can you tell us about the Genesis of your site, how you got the idea for it, the original name; we’ll start with that.
LaTisha: Sure. I started a little bit after college. I had graduated with a finance degree. It was my second time going through college; second undergraduate degree. I was having a hard time finding a job. This was around 2010, which was the perfect time to graduate with a finance degree. I realized that I had all these to share that I had learned and I decided I’m just gonna create a website that helps young adults. So the original name was Financial Success for Young Adults.
Eric: A little bit of a mouthful.
LaTisha: Super long. And so I decided to use the acronym and then attach the word ‘online’ because the website was online, obviously. My original website was FSYA Online, which I also affectionately called ‘Fsya’ for short. It eventually evolved into Young Adult Finances and then when I s...]]>
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PPP026: Planning for Next Year’s Profitability https://personalprofitability.com/episode26/ Thu, 21 Jan 2016 18:00:00 +0000 http://3.136.100.179/?p=16831 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>As we dive deeper into the new year, it is important to take a look back at last year to examine what worked well, what didn't, and what trends we are seeing around the web that can help us grow and thrive in the new year. Resources Mentioned Google Analytics Jetpack Quickbooks Wave Accounting Backlinko […]</p> The post <a href="https://personalprofitability.com/episode26/">PPP026: Planning for Next Year’s Profitability</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. PPP026: Planning for Next Year's Profitability
Resources Mentioned

* Google Analytics
* Jetpack
* Quickbooks
* Wave Accounting
* Backlinko
* The Personal Finance Arsenal 

Full Transcription
Eric Rosenberg: Ladies and gentlemen, boys and girls, children of all ages, welcome back to the Personal Profitability Podcast. I am you host, as always, Eric Rosenberg. And today I wanted to talk to you because it’s still January, still the beginning of the year, about how we want to plan out the rest of this year.  And I keep challenging people to earn your first freelance dollar somewhere. And I’m assuming that some of you have not yet, some of you have. For those who have not yet earned that first freelance dollar be sure to check out my ultimate Guide to Getting Started with Freelancing and I have an upcoming post you’ll see probably sometime in the next month or so, that will give you a huge list of ideas to get started.
But today we’re going to talk about people who have already started, already have a website, have already earned that first dollar, how we can really understand how we’re doing so we can improve that revenue in the future and make more money.
So last year, I set myself an online income goal of $40,000 on the side outside of work.  And I did make over $40,000 outside of work but my real goal was to do that through Narrow Bridge Media, which is the parent company that owns Personal Profitability, this podcast you’re listening to, and all by freelance writing and other websites. And with that I made $39,263.67. And I was within $800 which I decided to call a pass for the year, in finance we round a lot so I rounded, I said, ‘I made it but next year, for 2016, actually now, this year, my goal is $50,000.” So I want to raise that by $10,000.
If I want to make an extra $10,000 on the side, on top of the $40,000 that I brought in 2015, I really have to understand what I did that worked and what I did that didn’t work. That’s what we’re gonna focus on today, trying to understand the revenue sources that you have that work and don’t work.
Your Site’s Analytics
The first place you should look when you’re trying to understand what works, let’s assume your revenue is still pretty low, you have a website and web presence, a few episodes back we talked about Key Elements for a Successful Website; so you have your website, you have your good elements, one of the most important things on your website that you should have installed is some kind of analytics testing program. I use Google Analytics, it’s free, it’s the most popular resource that you can use to monitor analytics. It’s the one that most people trust. That’s one that I wanna talk about.
I also use, in addition, a built in stats tool from the WordPress theme. My site runs on WordPress as most fit websites do these days, not most, actually yeah most, over half of the big sites on the web run on WordPress. If you use WordPress, there’s a plugin called Jetpack. Despite what you might read on some reviews that are really old, it does not really slow down your site. It actually can speed up your site by offloading things, it’s pretty complicated how it all works. But one of the tools built into Jetpack is a stats monitoring tool called Jetpack Stats or Site Stats and I use that every day when I log in and look at my site on the dashboard just to...]]>
Eric Rosenberg - Personal Finance and Entrepreneurship Expert clean 25:26 16831
PPP025: I’m JD Roth and I Got Rich Slowly, Then Sold My Blog for Seven Figures https://personalprofitability.com/episode25/ Thu, 07 Jan 2016 13:00:00 +0000 http://3.136.100.179/?p=16830 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>For the 1st anniversary show, we welcome one of the “Godfathers of Personal Finance Blogging,” Get Rich Slowly founder JD Roth! We get into Star Wars, living in an RV, and turning a website into a full-time income. Resources Mentioned MarketPlace Money I Will Teach You to Be Rich Mr. Money Moustache Zenhabits Money Boss […]</p> The post <a href="https://personalprofitability.com/episode25/">PPP025: I’m JD Roth and I Got Rich Slowly, Then Sold My Blog for Seven Figures</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. For the 1st anniversary show, we welcome one of the “Godfathers of Personal Finance Blogging,” Get Rich Slowly founder JD Roth! We get into Star Wars, living in an RV, and turning a website into a full-time income.

Resources Mentioned

* MarketPlace Money
* I Will Teach You to Be Rich
* Mr. Money Moustache
* Zenhabits
* Money Boss
* ProBlogger
* J.D. Roth

Full Transcript
Eric Rosenberg: Ladies and gentlemen, boys and girls, children of all ages, welcome back to the Personal Profitability Podcast. As always, I’m your host, Eric Rosenberg. And today we are recording a very, very special episode – the One Year Anniversary of the Personal Profitability Podcast. We started on the first Thursday of January 2015, now it’s the first Thursday of 2016, so episode number 25.
And for this episode I was thinking, ‘How can I do something really special?’ I want to make it pop, as what Vanilla Ice would say on his Real Estate show. So to make it pop, I thought, ‘I want one of the best guests if not the best guest we have had ever so far on the podcast.’ And this is someone I’m gonna tell you a little bit about, and if you haven’t read who he is yet and how we met. So I think it’s kind of a funny story.
So a long time ago, in a galaxy not so far away in Chicago, Illinois or actually a suburb called Schaumburg, was the first ever FinCon, the first ever Finance Blogger Conference. It wasn’t even called FinCon yet then. And I went alone, I knew I was gonna have a roommate, someone I have met through the Yakezie group that I’ve talked about before. But I didn’t really knew anybody, I never met anybody in person that I was going to see at this conference. And at the time there were a few bloggers who were, we now refer to them kind of as the ‘Godfathers of Personal Finance Blogging’, they were around at the beginning and they’ve built up these huge audiences and ended up selling their blogs to a big company. We’ll talk a little bit about that later.
So this person who we have on right now is listening to me talk. It’s kind of funny to have him listen while I’m talking. We met the first time, I walked in the hotel and I walked into the lobby, checked in and I turned and saw him sitting there. I recognized him and I knew who he was, because of his name badge partially, but also because I was a big fan of his site, Get Rich Slowly, which was at the time, maybe the biggest or definitely the top few biggest personal finance blogs there are. And I very quickly introduced myself and I was actually kind of nervous. I didn’t know, I was like, this guy is a huge deal, who am I. I felt I was like meeting Michael Jackson in the 80’s or something, but the blogging celebrity equivalent. And the next morning, he did the opening key note for the conference and he came out and introduced himself in Klingon. So he came out and started speaking Klingon or his friend was speaking Klingon on stage.
JD Roth: He was dressed up as a Klingon.
Eric: Yes, dressed up as a Klingon and spoke Klingon. And I thought, ‘Man, this guy’s a bigger nerd than me. I only speak Klingon in private with my friends. This guy’s doing it in public.’  No, I don’t actually speak Klingon. I don’t know if you do. But I’m really excited to introduce, after that very long drawn-out intro, JD Roth,]]>
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PPP024: I’m Joe Udo and I Actually Retired by 40 https://personalprofitability.com/episode24/ Thu, 17 Dec 2015 13:00:37 +0000 http://3.136.100.179/?p=16792 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>This week I am excited to introduce you to guest Joe Udo, a fellow Portland resident who followed his dream and left his full-time job before his 40th birthday. Learn how he did it in this week's episode. Resources Mentioned Retire by 40 Joe on Twitter Full Transcript Eric Rosenberg: Ladies and gentlemen, boys and girls, […]</p> The post <a href="https://personalprofitability.com/episode24/">PPP024: I’m Joe Udo and I Actually Retired by 40</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. This week I am excited to introduce you to guest Joe Udo, a fellow Portland resident who followed his dream and left his full-time job before his 40th birthday. Learn how he did it in this week's episode. Resources Mentioned Retire by 40 Joe on Twitter...

Resources Mentioned

* Retire by 40
* Joe on Twitter

Full Transcript
Eric Rosenberg: Ladies and gentlemen, boys and girls, children of all ages, welcome back to the Personal Profitability Podcast. As always I am your host, Eric Rosenberg and I am excited to introduce you to a friend and guest today, who I know in real life. He was an internet friend a long time ago. We met through this group called the Yakezie, I've spoken about before. It's a network of online finance bloggers; not quite as active as it used to be when I got to know Joe but we met in person for the first time I believe at the second FinCon in Denver.
One thing, just a funny little anecdote from me and Joe, he has this great blog called Retire by 40, which we'll talk quite a bit about in a minute, but because of his blog was interviewed in the Denver Post, when I lived in Denver still, and he emailed me and said, ‘hey, I know you live in Denver. Can you grab a copy of the paper for me?” So I grabbed a copy and brought it to FinCon for him so he could have a real hard copy of his Denver interview back here in Portland.
And now we're practically neighbors, well not really neighbors, we live about 2 miles away from each other. We have a river in between us. So that's why we have to record on Skype because we're too far to cross the river.
Anyway, Joe Udo is on the line with us. Joe, give everybody a big hello, a shout out.
Joe Udo: Hey, everybody this is Joe Udo.
Eric: If you're a long time listener you know I like to say personal finance should be fun, it shouldn't just be boring. So this is your opportunity if it is safe and you are able to hit the pause button and join us for a beer. Joe sadly told me that all of his beer's warm right now. So he is not having a beer, we're just hanging out. But on my end I'm enjoying a Left Coast Brewing Hop Juice Double IPA from San Clemente California. Hit the pause button if you wanna grab a beer, a wine, a scotch, whatever your drink of choice is. Or if you're a non-drinker, a pop, you know, if you can grab a Coke or something, the real thing is at night you don't want the caffeine, maybe a nice tea or something like that. Anyway, pause button.
Okay pause is over, we're back again here with Joe Udo. So Joe, as I was saying, I met through the Yakezie because of his site, Retire by 40. And he started this site quite a while ago. The name is actually pretty, it's pretty clear what he is trying to get at there.
The Journey to Early Retirement
Eric: So Joe, could you share with everyone how you came up with the idea for Retire by 40 and how you got started in the beginning?
Joe: In 2010 I was getting really bored with my job and it's really stressful. I was an engineer so I sat in front of the [inaudible 3:31] all day and whenever I had some down time I'll look through personal finance blogs and personal finance sites to figure out how to increase my net worth and save more money and all that good stuff. So one day I was sitting in my computer and reading with it, ‘hey, Retire by 40, that's a great name. Maybe I can start a blog and it just tells you what happen and that's it.
Eric: If you wanna go visit that again that's Retireby40.com; not to be confused with other blogs with similar spellings, Joe's is the original Retireby40.com
Joe: It's actually dot org.
Eric: What was that?
Joe: It's actually dot org, ORG.]]>
Eric Rosenberg - Personal Finance and Entrepreneurship Expert clean 29:38 16792
PPP023: Build a Business Website That Makes You Money https://personalprofitability.com/episode23/ Thu, 03 Dec 2015 13:00:00 +0000 http://3.136.100.179/?p=16738 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>This week I go solo and tell you about the most important features for any business website. If you are trying to start earning income on the side, or are a long time veteran looking to earn more, make sure you are following these tips to earn more and increase your online conversions. Resources Mentioned […]</p> The post <a href="https://personalprofitability.com/episode23/">PPP023: Build a Business Website That Makes You Money</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. This week I go solo and tell you about the most important features for any business website. If you are trying to start earning income on the side, or are a long time veteran looking to earn more, make sure you are following these tips to earn more and...

Resources Mentioned

* ConvertKit
* Personal Capital
* Narrow Bridge Media
* Willhite Grading
* Elizabeth Willhite Design
* Afford Anything
* Sumo
* Gravity Forms

Full Transcript
Eric Rosenberg: Ladies and gentlemen, boys and girls, children of all ages, welcome back to the Personal Profitability Podcast. As always I am you host, Eric Rosenberg. Happy December. I’m glad to have you back. The last couple of episodes last month, we had two really great interviews with Suzan Bond and The Switchback Kids. We talked a lot about business and lifestyle and all that.
So today I want to switch it up a little bit and talk about a topic has become near and dear to my heart and it’s something we’ve never talked about before and that is how to use a website and an online presence to build your side business.
We talk a lot about freelancing. We’ve had great guests talk about how they’ve built up these great incomes on the side. And one of the key things for me to build my side income has been several websites. I wanna talk a little bit about those and why I've structured them the way I have and some advice I’ve given to friends lately and even talk about a few websites that you can hop online and look at while we’re going through this or if you’re driving a car or something when you get home.
But before we do that, I wanna take a moment to let you pause and go grab your favorite beer, scotch, wine, or other beverage of choice to join me so we can all toast together coz you know, as I always say personal finance should be fun, it should be all work and boring. All work and no play makes all of us a dull boy. So here’s your opportunity. Hit the pause button.
Okay now, we’re back. Welcome back. I myself had just grabbed a New Belgium Accumulation White India Pale Ale. I've always have a soft spot in my heart for New Belgium Brewing. They’re from Fort Collins, Colorado, about an hour and a half north of where I grew up, in the south Denver suburbs and about 45 minutes-an hour, I guess it depends on how fast you drive from Boulder where I went to college.
New Belgium is actually a great beer success story. This guy decided to make beer in his garage like many home brewers have, like I have, and he loved it so much he went on a bicycle tour around Belgium and decided Belgian beers were his thing. His friends and family loved his beer so much he started a company. Now it’s one of the, I think top 5, definitely top 10 breweries in America. So here’s a cheers with my New Belgium Seasonal Accumulation White India Pale Ale. Clink. I’m gonna make a clink sound, I’ve never done that. Let’s do that. Alright. So I hope you’re joining me with a drink if you are able.
Create a Website That Will Make You Money
Let’s get back down to the topic at hand. We’re talking about using websites to convert people to business. As you all know, PersonalProfitability.com is my main online presence for this podcast and for a lot of what I do.]]>
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PPP022: We’re The Switchback Kids and We’re Going to Every National Park https://personalprofitability.com/episode22/ Thu, 19 Nov 2015 13:00:00 +0000 http://3.136.100.179/?p=16613 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>This week I welcome Cole and Elizabeth, the Switchback Kids, who are on the trip of a lifetime visiting all 59 United States National Parks in one year. Learn how they came up with the idea, and are paying for it, in this week's episode. Resources Mentioned Switchback Kids Blog National Park Service Full Transcript Eric […]</p> The post <a href="https://personalprofitability.com/episode22/">PPP022: We’re The Switchback Kids and We’re Going to Every National Park</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. This week I welcome Cole and Elizabeth, the Switchback Kids, who are on the trip of a lifetime visiting all 59 United States National Parks in one year. Learn how they came up with the idea, and are paying for it, in this week's episode.

Resources Mentioned

* Switchback Kids Blog
* National Park Service

Full Transcript
Eric Rosenberg: Ladies and gentlemen, boys and girls, children of all ages, welcome back to the Personal Profitability Podcast. I’m so excited to have you back again for this awesome episode. And we’re actually doing, having someone on that I haven’t met in person before. This is the first time we’re doing that. So we’re kind of exploring the world meeting new people. And this couple that we have on, a friend sent me an article telling me how they were travelling to every single National Park in the United States in one year. That is an awesome goal one that I’m totally inspired by; how they figure it out, the timing, how to pay for it. So I had all these questions and I thought what better way to ask these questions than with the entire world listening on the internet; hopefully the entire world listening.
So we have Elizabeth and Cole on with us. They’re the Switchback Kids. You can find them at switchbackkids.com. Please say hello to everybody.
Elizabeth: Hello everybody.
Cole: How’s it going? Happy to be here.
Eric: As I was just telling you guys right before we started recording, personal finance should be personal. That’s a strong belief of mine and it should be fun and not stuffy boring bankers. So I’m sitting here with a home brewed beer that one of my friends who lives in East, farther East Portland, I’m in East Portland, there’s a farther East Portland, made and gave me over the weekend. It’s not a beer you’ve heard of but I’m really excited to be drinking it. And I know you guys have a beer, too. What are you drinking over there?
Elizabeth: Oh yeah. So I got the other Portland, so Portland, Maine. Waterfront Brewing Company and it’s a Spice Pumpkin Ale.
Eric: What a good time of the year to have; I love those pumpkin beers. They’re so good.
Elizabeth: Yeah, it’s delicious.
Cole: And I have from Bangor, Maine, that was our last stop in Maine, so very local. Presque Isle Blonde. It’s a Honey Blonde Ale.
Elizabeth: Got a Little mix and match.
Eric: Yeah, I’m totally in with that. Local breweries that’s like, traveling across the country I would probably, even if I run a National Park tour, I’d probably end up with more breweries than National Parks. That’s my thing.
I went to Napa a few years ago, I’ve never been before. I have a friend who was living just north of the Bay Area, right by Napa. He said, ‘hey, let’s go by Napa and try some wine.’ So I was like, ‘Awesome. But first we have to go to Russian River Brewing and Lagunitas Brewing.’ And by the time we got to the wineries I’d already had, let’s say I had more than a beer or two. So I was not able to appreciate some of the best wines in the world as much as I might have otherwise but at least I know I love beer, right? I got to enjoy those.
Elizabeth: We have not been to nearly enough breweries. I can go into one tomorrow though, we’re in Boston.
Eric: Oh, you’re in Boston? There’s lots of beer in Boston.
Elizabeth: Right. So we might be going to the Sam Adams.
Eric: They’re like one of the biggest breweries in the country now. But they’re still a craft brewery. They still get respect. They didn’t sell out. Some of the bigger craft breweries sold out. They’re still okay.
Elizabeth: Yeah
]]>
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PPP021: I’m Suzan Bond and I’m Self Employed and I Love It https://personalprofitability.com/episode21/ Thu, 05 Nov 2015 13:00:00 +0000 http://3.136.100.179/?p=16568 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Today we welcome my friend Suzan Bond, a self-employed entrepreneur with a history of work in the tech boom, moving across the country without knowing a single person, five layoffs, and multiple successful businesses. Resources Mentioned SuzanBond.com Suzan on Twitter The Complete Beginner Guide to Freelancing Full Transcript Eric Rosenberg: Ladies and gentlemen, boys and girls, […]</p> The post <a href="https://personalprofitability.com/episode21/">PPP021: I’m Suzan Bond and I’m Self Employed and I Love It</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Today we welcome my friend Suzan Bond, a self-employed entrepreneur with a history of work in the tech boom, moving across the country without knowing a single person, five layoffs, and multiple successful businesses. Resources Mentioned SuzanBond.

Resources Mentioned

* SuzanBond.com
* Suzan on Twitter
* The Complete Beginner Guide to Freelancing

Full Transcript
Eric Rosenberg: Ladies and gentlemen, boys and girls, children of all ages, welcome back to the Personal Profitability Podcast. Today we have a very special guest and someone I think you will be excited to hear from because I did not meet her at FinCon, she’s nothing to do with finance blogging whatsoever but she did start her own business and go from working for someone else, working for the man, to working for herself. So now she is the man, or the woman, whatever you'd like to call her. Her name is Suzan Bond, Suzan with a Z. And she’s here on the line with us. So say a quick hello, Suzan.
Suzan Bond: Hello
Eric: Before we really dive in, as usual, I like to make sure personal finance stays personal. So Suzan and I each have a drink. I here, am holding a Fat Tire in an old cart on a standby, you can’t go wrong with that. Suzan on the other end told me she doesn’t have a beer in hand but she does have a drink ready. Can you tell us what you’re drinking and why.
Suzan: Yeah. I’m drinking a multi-green Kombucha. I can’t really drink a lot of alcohol these days but I love the Kombucha because it’s good for your stomach stuff, you know, the probiotics. It gives me like a nice little tingly happy feeling. That’s what I’m drinking.
Eric: Everyone loves the tingly happy feeling. What better preview could you give than ‘it gives me the tingly happy feeling?'
Suzan: Who doesn’t? Right. And also not a lot of sugar or other stuff in it. So, yeah, I like that.
Eric: I’m in Portland. So here in Portland, there’s tons of Kombucha everywhere. It’s like a thing here. I’ve only tried it a couple of times. I wasn’t a huge fan maybe I need to get a little more into it, try a couple of different flavors.
Suzan: Well it depends, right? Sometimes it’s super medicinal, which is not my favorite palate. But the kind I like is very, more bubbly almost mineral-y, it’s a little vinegar-y.  But I actually had some great Kombucha when I was in Portland a little while back at a little coffee shop that I can’t remember the name of. So it might not be your flavor profile but you could try it a couple of different times to see if you like it.
Eric: Yeah. I mean, who am I to turn down an alcoholic beverage? That just seems un-Portland of me.
Suzan: It does have a little trace amounts of alcohol in it. It’s true.
Eric: Because I know it’s for grownups. So if you are listening and you are not driving a car, or at work where you’re not allowed, hit the pause button, go grab a beer or a Kombucha, or a glass of wine or a scotch of your choosing.
Okay we’re back. Now you got your drink. I’m glad you are able to have a drink with us.
Startup Communities
Eric: So Susan, I met through the, there’s a Denver Startup community, lots of good events, things like Ignite and Startup Weekend, all these great fun stuff. I kept running into Suzan, this awesome person at these events. We became very good acquaintances, I would say, through Twitter and the social media.
Suzan: Oh yeah.
Eric: I’ve always kind of kept track, I saw you’ve had a couple of moves. Can we start by telling how you got involved in the startup community in Denver and why you left Denver and wher...]]>
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PPP020: The 13th Month Income Challenge https://personalprofitability.com/episode20/ Thu, 15 Oct 2015 12:00:49 +0000 http://3.136.100.179/?p=16329 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Today I introduce listeners to the 13th month income challenge. Imagine what your financial situation would look like if you got a raise of more than 10% next year. Don't wait for your employer. Give yourself a raise with the 13th month challenge! Resources Mentioned 13th Month Income Challenge blog post Personal Profitability Private Facebook […]</p> The post <a href="https://personalprofitability.com/episode20/">PPP020: The 13th Month Income Challenge</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Today I introduce listeners to the 13th month income challenge. Imagine what your financial situation would look like if you got a raise of more than 10% next year. Don't wait for your employer. Give yourself a raise with the 13th month challenge!

Resources Mentioned

* 13th Month Income Challenge blog post
* Personal Profitability Private Facebook Group

Transcript
Eric Rosenberg: Ladies and gentlemen, boys and girls, children of all ages. Welcome back to the Personal Profitability Podcast. I’m your host, Eric Rosenberg. I’m excited to welcome you back to this episode. We’re back to normal after our last episode, super exciting recording live with superstars Pat Flynn and Flexo at FinCon.
So, today we’re back just you and me, our normal selves, having a beer, if you are able. Today, I want to talk to you about something an idea I actually came up with the other day. I call it the 13th Month Income Challenge. Grab you pen and paper. I have some knowledge bombs to drop on you today, and some actionable stuff. I really hope you will take the heart and start doing something with.
We’ve talked a lot on this podcast since the beginning about earning more on the side and trying to earn your first dollar. We’ve had stories of people who’ve gone from working full-time to working for themselves; people who have built up a great side income and side businesses. Today, I really want to focus it on you in giving you actionable steps. So, whether you have a full-time job, whether you are into a side income project, or you’re just curious, wanting to need to learn a little bit more. This episode is for everybody.
The 13th Month Income Challenge
I want to start talking about what the 13th month challenge is, the idea I came up with, and where it came from. So, I talked about before, I have a VA who helps me on my blog. She helps me with a lot of the formatting and social media and some of the SEO stuff I do. When I was searching for VAs, I was reading Chris Ducker’s book, “Virtual Freedom”. Chris is a — He’s a great guy. I’ve gotten to meet him a couple of times. He is based in the Philippines, he’s originally British.
And in his book he talks about a tradition when you hire a full-time Philippines-based VA. They actually have a law if you are employing people full-time in the Philippines as a company, and not a freelancer relationship necessarily. But if they are an on-the-book-employee, you are required by law to give them a 13th month salary in December.
That is actually — I did some more reading about it, and that’s common in a lot of Latin America and Southeast Asia. The idea is you make your, you know let’s say, incomes are generally in the lower side there. Let’s say you’re making a thousand dollars a month, and you make a thousand dollars a month every month but in December you get an extra thousand dollars. So, instead of making $12,000 a year, you’d make $13,000 a year. They pay that extra month payment in December not coincidentally aligned with the holidays. So, people have little extra money to buy holiday gifts and make sure they have the ability to get together and really enjoy with friends and family.
It’s actually a kind of cool idea but I thought if they really budgeted all year for the holidays, they could take that extra bonus payment and save it or invest it or you do something special with it. Not just use it and buy people gifts. You don’t spend it on other people, spend it on your future self.
When I was thinking about that I thought, “Well jeez, what is stopping someone from earning a 13th month income themselves and saving ...]]>
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PPP019: Expert Money and Entrepreneurship Tips Live from FinCon https://personalprofitability.com/episode19/ Thu, 01 Oct 2015 12:00:00 +0000 http://3.136.100.179/?p=16222 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>This week we have a special episode recorded live at FinCon in Charlotte, North Carolina. I am excited to welcome superstar guests Pat Flynn from Smart Passive Income and Harlan Luke Landes from Consumerism Commentary. My good friend and former guest Jeff Fruhwirth from Sustainable Life Blog joined us as we talked business, budgeting, social media, […]</p> The post <a href="https://personalprofitability.com/episode19/">PPP019: Expert Money and Entrepreneurship Tips Live from FinCon</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. This week we have a special episode recorded live at FinCon in Charlotte, North Carolina. I am excited to welcome superstar guests Pat Flynn from Smart Passive Income and Harlan Luke Landes from Consumerism Commentary. FinCon in Charlotte, North Carolina. I am excited to welcome superstar guests Pat Flynn from Smart Passive Income and Harlan Luke Landes from Consumerism Commentary. My good friend and former guest Jeff Fruhwirth from Sustainable Life Blog joined us as we talked business, budgeting, social media, and more live!


Connect with the Guests

* Smart Passive Income
* Consumerism Commentary
* Sustainable Life Blog
* The Plutus Foundation

Full Transcript
Eric Rosenberg: Ladies and gentlemen, boys and girls, children of all ages, welcome back to the Personal Profitability Podcast. As always, I am your host, Eric Rosenberg. I’m here doing something special and different that we’ve never done before on the podcast.
We’re recording live. We are on the floor at FinCon –  the financial blogger conference in Charlotte, North Carolina. I’m here with some very special guests; I’m thrilled to have.
Sitting on my right, which I know you can’t see because you are listening, is Harlan ‘Flexo’ Landes,  like Luke Landes, he goes by many names. He is the mastermind behind Consumerism Commentary, one of the biggest finance blogs out there, and also the guy behind the Plutus  Awards and Plutus Foundation, which we’ll talk about in a minute.
On my left is Pat Flynn, online blogging and online income superstar, I’m thrilled to have him here with me. Next to him is Jeff Fruhwirth  from Sustainable Life Blog, one of my very closest friends, who I actually met at FinCon.  So I’m thrilled to be here together. Phil Taylor who is walking by right now. He is the founder of FinCon.  It’s great energy; it’s great to be here.
I wanted to start asking Pat some questions because I know he has a busy schedule. He is an in demand guy. Pat, could you — for those of you who are not familiar with you, can say like your elevator pitch, your background and what you are all about?
Pat Flynn: Sure! Well, you know, a lot of people know me from smartpassiveincome.com where I build businesses, kind of on the side and just share everything that happens, everything that goes right, everything that goes wrong. You know a lot of things do go wrong but it’s always a lesson for everybody involved. How that got started was actually — I used to be in the architecture industry and I got laid off in 2008 and I took some knowledge I had with an exam that I took and turned that into a business, which generated over $200,000 within a year after that. And I was just completely blown away by that. My whole perception of online business beforehand was kind of just scams, red alert, red alert and all that kind of stuff.
And here I was doing it and in a way where I was providing value through my study guides and practice exams. But not only that, I was getting all these incredible notes of ‘Thank Yous’ from people who were like, ‘Pat Flynn, I can’t believe you helped me passed my exam.’ And it was really cool to see the difference in terms of recognition from when I was an architect working really hard and not really being known to this little scrappy kid who created this website and that now everybody thinks I’m awesome. I’m just trying to help people.
Now, I have a podcast and it’s done really well, over 20 million downloads since starting it in July 2010. I have a TV channel, SPI TV on YouTube as well. I’m truly blessed to have gone through this crazy journey and I just want to share everything with people.]]>
Eric Rosenberg - Personal Finance and Entrepreneurship Expert 42:55 16222
PPP018: All You Need to Know about the Stock Market https://personalprofitability.com/episode18/ Thu, 17 Sep 2015 12:00:00 +0000 http://3.136.100.179/?p=16193 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Today we take a deep look into the stock market. Where it came from, how it developed, and how it works today. Learn how to open your first investment account and trade stocks for free. Resources Mentioned How the Stock Market Works Loyal3 – Trade stocks for free! Full Transcript Eric Rosenberg: Ladies and gentlemen, boys […]</p> The post <a href="https://personalprofitability.com/episode18/">PPP018: All You Need to Know about the Stock Market</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Today we take a deep look into the stock market. Where it came from, how it developed, and how it works today. Learn how to open your first investment account and trade stocks for free. Resources Mentioned How the Stock Market Works Loyal3 – Trade stoc...

Resources Mentioned

* How the Stock Market Works
* Loyal3 – Trade stocks for free!

Full Transcript
Eric Rosenberg: Ladies and gentlemen, boys and girls, children of all ages, welcome back to the Personal Profitability Podcast. I’m thrilled to have you back. And today I want to talk to you about a topic that is near and dear to my heart personally. It’s something that I thought I might have wanted to do as a career at one point, it’s a huge part of my education – that is the stock market and investing in general. I want to talk more about stocks and individual stocks and how that works because those are the foundations that mutual funds and other investments are often built on.
We’re gonna do a Back to Basics type of episode focusing on the stock market. I just made today a no guest; we’ve had some great guests lately. And today I just to have a one on one time hanging out with you. And as happens on occasion, and I like to say, finance should be fun so I’m recording this one on a Saturday afternoon, actually early evening about 4o’clock on a Saturday. As I like to do on occasion, particularly after dinner, but hey, why not on a Saturday afternoon. I’m having a little drink. This one is not my typical brewsky, I’m having a 12-year Glenlivet, it’s one of my favorite scotches, with one of those round ice balls. If you’ve ever seen one and you like scotch, definitely check that out. If you Google ‘scotch ice ball’, you’ll find it.
So, I’m lifting my glass. If you are able to join me in a drink, here’s your opportunity to pause, go fill up, grab whatever you’d like to join me with. If you’re driving a car obviously or at work, you probably shouldn’t be drinking. But otherwise here is your pause point.
Alright, welcome back. So here is a cheers if you have your drink. I’m holding in my 12 year old scotch so, L’Chaim as we say in Hebrew. That’s definitely one of my favorites. It’s smooth, it’s good. You know I always like the 18 year a little bit better but obviously I don’t want to spend for an 18 year; it’s an expensive bottle, so I’m having the twelve.
Anyway, back to the stock market. So the stock market is probably the most well-known place to invest. It’s been very glamorized by Hollywood. It looks fastpaced and exciting, millions of dollars made and lost every minute. It’s this huge fast paced world. A lot of people are intimidated when they are getting started. Once you really understand how it works and have a good grasp on that you will understand there’s no reason to be afraid of investing in the stock market or anywhere else.
You should be investing in the markets. That’s where you get most of your capital gains for any kind of investment. The two big ones that I’ve seen people do are generally either stock market or real estate. Those are the ways most people do it. You could also build and start your own business, something that I always encouraged. But for the money that you’ve already brought in, what do you do to grow it? You invest it. Those are my top two favorite places – real estate and the stock market.
So today let’s talk about, let’s start with the history of the New York Stock Exchange. I want to go way back in time. Picture yourself in New York City on May 17, 1972. That is the day the New York Stock Exchange came to be. Prior to that, everything was done very informally. If you wanted to buy or sell an ownership stake in a company, you’d have stock certificates in old paper documents; this is the 1700s.]]>
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PPP017: I’m Deacon and I Paid Off $52,000 in Debt https://personalprofitability.com/episode17/ Thu, 03 Sep 2015 12:00:00 +0000 http://3.136.100.179/?p=16154 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Today we welcome guest Deacon Hayes, a personal finance blogger who budgeted his way out of $52,000 in debt in 18 months. Learn how he cut expenses, earned more on the side, and became a full-time online entrepreneur. Resources Well Kept Wallet The Complete Beginner Guide to Budgeting Personal Capital Mint and Mint Alternatives Transcription […]</p> The post <a href="https://personalprofitability.com/episode17/">PPP017: I’m Deacon and I Paid Off $52,000 in Debt</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Today we welcome guest Deacon Hayes, a personal finance blogger who budgeted his way out of $52,000 in debt in 18 months. Learn how he cut expenses, earned more on the side, and became a full-time online entrepreneur.


Resources

* Well Kept Wallet
* The Complete Beginner Guide to Budgeting
* Personal Capital
* Mint and Mint Alternatives

Transcription
Eric Rosenberg: Ladies and gentlemen, boys and girls, children of all ages, welcome back to the Personal Profitability Podcast. As always I am your host, Eric Rosenberg. And I’m thrilled today to have a special guest with us who knows a heck of a lot about budgeting, something I’d been writing about a bit on a blog lately. Now I talk a lot about how to make more and earn more in the side over the last few months and this guest knows quite a bit about that as well but this week, we just posted my big super epic post on everything budgeting. I want to keep that topic going and keep the discussion going on that.
So today, I have a guest, Deacon Hayes, he’s someone I know through the FinCon community who I’m actually going to see and gets high five in person in a few weeks today. We can only digital high five. But Deacon is here with us and here on the site called Well Kept Wallet which we’ll talk all about in a few minutes so say hello, Deacon to the many listeners.
Deacon Hayes: Hello, many listeners.
Eric: So Deacon is in the Phoenix areas. That’s right, right?
Deacon: That is correct, yeah.
Eric: So how did you get started in the personal finance world?
Deacon: Well it’s kind of hot in Arizona so you’re going to find things to do indoors and- no, I’m just kidding. Yeah, you know, it’s funny. I was actually wood flooring salesman and when my wife and I got married, we decided to combine our finances and at that point, we know, we realized we have 52 thousand dollars in consumer debt outside of mortgages. And so at that point, I just started researching better money habits because we have really bad money habits. And then we decided through that process, let’s set a goal, we want to pay out for that in 18 months and so we really this kind of put together this plan and I created this website, Well Kept Wallet, to kind of track our journey and kind of be an encouragement to people as we were paying off our debt.
Eric: Speaking of a being hot in Phoenix, two things. First my mom went to school, she went to college in the Phoenix area, she went to Arizona State. Is it true that, she told me of that people’s windows would blow up because it’s so hot from the pressure in the summer? Did you ever see that happen?
Deacon: In the 21st century, I don’t think that’s happened but possibly in the 20th century, it was possible.
Eric: It was like, wow, it’s crazy! She was there, she wouldn’t say how long ago. She was there couple of years ago so that people would come out to their cars on a really hot day after class or after work and it was like a 197 degrees or whatever it gets to be out there. They would get out to their car and their windows and a blown out if they hadn’t. That was a funny thing.
But also speaking of hot, we want to keep it cool, I always say personal finance should be fun and it should not do so little or so. Deacon and I are having a virtual beer together. We’re actually are having a real beers but virtually toasting them. You know I have a lot of Oregon beers living in Portland but I’m going to my old home state,]]>
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PPP016: I’m Jack Nadel and I Created a Multi-Million Dollar Empire https://personalprofitability.com/episode16/ Thu, 20 Aug 2015 12:00:00 +0000 http://3.136.100.179/?p=15922 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>This week, we welcome guest Jack Nadel. Jack Nadel is a 91 year old entrepreneur with 70 years of business success. In our interview, we talk about how Jack started his first business on the heels of World War II with no college education, and took advantage of market opportunities to create a multi-million global […]</p> The post <a href="https://personalprofitability.com/episode16/">PPP016: I’m Jack Nadel and I Created a Multi-Million Dollar Empire</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. This week, we welcome guest Jack Nadel. Jack Nadel is a 91 year old entrepreneur with 70 years of business success. In our interview, we talk about how Jack started his first business on the heels of World War II with no college education,

Resources Mentioned

* JackNadel.com
* The Evolution of an Entreprenuer
* Jack's Author Page at Amazon.com
* Jack at Thrive15

Full Transcript
Eric Rosenberg: Ladies and gentlemen, boys and girls, children of all ages. Welcome back to the Personal Profitability Podcast for episode number 16. Today I am so excited to bring a guest that’s a very special person in my life and my wife’s life. My wife knows him as “papi”. I know him as Jack Nadel, superhero entrepreneur and something kind of fun tidbit about Jack because he has — I believe more entrepreneurial and business experience than every guest we’ve had on the show so far combined. He’s been doing this for quite a few decades, so everyone please give a warm welcome to Jack Nadel, who’s here in the line with us. Say hello!
Jack Nadel: Hello, good morning!
A Veteran and an Entrepreneur
Eric: So we have a few questions. I know your entrepreneurial career started quite a long while ago. So let’s start back at the beginning, can you share with everyone how you started out as an entrepreneur?
Jack: Well, there never really was a question. We have to go back to World War II. I’ve flew 27 combat missions in a B-29, and the war had ended, and we had decided, I decided the day I left the service, I was a navigator and right above the rank of captain, and I went right into business for myself. I don’t even think the word entrepreneur was coined then. I went into business. I felt that the horizon was bright. We just come off this terrible war, but much of the world had been destroyed by bombing and shelling. I had my own hand in it since I flew all those missions and they were pretty heavy duty right about 16, 17 hours – 15 to get there and 15 to get back. And the rest of the times spent always have been fighting off the fighters and trying to avoid the anti-aircraft fire. We had a lot of casualties, but I emerged all at one piece and without a scratch and ready to go back my way in the world.
Eric: What year was it when you started your first business when you returned?
Jack: The year was 1946, that’s 63 years ago or so
Eric: Just a couple, like a couple of weeks.
Jack: So I figure, I’ve been a working entrepreneur for 70 years. I’ve started, founded, operated more than a dozen companies in different parts of the world. And I made a very handsome living from it and started without any education whatsoever. I had a high school diploma and there was some very, very attractive offers from the US Government on the GI Bill of Rights where they’ll help you find a job or a school and paid your tuition. So you couldn’t do much better than that. We had a choice of anything and I said I don’t want to waste, I used the word waste loosely that time because I don’t need a four year education to make a deal. So the day after, we started a company that we called Trans Pacific Traders. We were in the import export business and we’re ready to do business with anybody that wanted merchandise anywhere in the world.
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PPP015: I’m Miranda Marquit and I’m a Full-Time Freelancer https://personalprofitability.com/episode15/ Thu, 06 Aug 2015 12:00:00 +0000 http://3.136.100.179/?p=15921 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>This week, I invite guest Miranda Marquit, the foremost expert on freelancing in the personal finance community. Miranda has no background in finance, but leveraged her work ethic and networking skills to become one of the most prolific and visible freelance writes on finance topics. And she makes over $100,000 per year doing it. Resources […]</p> The post <a href="https://personalprofitability.com/episode15/">PPP015: I’m Miranda Marquit and I’m a Full-Time Freelancer</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. This week, I invite guest Miranda Marquit, the foremost expert on freelancing in the personal finance community. Miranda has no background in finance, but leveraged her work ethic and networking skills to become one of the most prolific and visible fre...

Resources Mentioned

* Miranda Marquit – Confessions of a Professional Blogger
* Planting Money Seeds
* The Complete Beginner Guide to Freelancing
* Confessions of a Professional Blogger: How I Make Money as an Online Writer (Miranda's Book)

Full Transcript
Eric Rosenberg: Ladies and gentleman, boys and girls, children of all ages, welcome back to The Personal Profitability Podcast for episode number 15. 15, it seems like just yesterday I was recording 14.
Today, I have a very special guest. We’ve recently been talking a lot on the blog about freelancing and how to get started there. On our last episode, I was talking about how I started freelancing myself and became a part-time freelancer but I wanted to give you the whole story of what freelancing could offer so I brought on a special guest today, Miranda Marquit.
Miranda, I met through the Financial Blogger Conference (FinCon). We had great hang outs and conversations there. She is on with us today to share her journey to how she became a full-time freelancer and talk about all the downsides, the upsides and everything in between. Let’s give everyone a howdy howdy, Miranda.
Miranda Marquit: Howdy howdy! Thanks for having me on. I would just like you to know that in Idaho, where I live now, you can get your driver’s license at age 15. So this episode can be driving a car.
Eric: Fifteen? Wow! Look how fast I’ve aged in just these months, now I can drive a car.
Miranda: That’s right.
Eric: That’s funny. I guess, this is for all the farms and what not, out there people need to drive a little younger to help out.
Miranda: Yes, it’s crazy. I’ve had my driver’s license since 15 but when I went to get insurance back where I lived in New York, they would not accept that I have had my driver’s license that long. It kept, the software that the insurance agent was using and just kept pushing it back out. It was crazy.
Eric: You had to just lie and say you were 16 when you got it, I guess.
Miranda: I did.
Eric: In New York, it’s 18, isn’t it? I think.
Miranda: I don’t know what the driving age is there.
Eric: I think it’s 18 but anyway —
Miranda: All I know is that New York could not wrap it’s head around the fact that I do have my driver’s license since I was 15.
Eric: Well, I’m impressed. I did get a car when I was 16 so you got a year on me there.
Miranda: There we go.
Early Days as a Freelancer
Eric: Anyway, why we’re really here today, not to talk about driver’s license although it’s an interesting topic. We’re here to talk about freelancing.
For listeners out there, Miranda is really one of the top recognized experts in the financial blogging community on all things freelancing. She has written extensively about it, has a blog about it. I actually linked to it in an epic freelancing post that came out a couple of weeks ago on Monday.
I’m really thrilled to have you here, Miranda, to talk about it so could you share how did you get started in freelancing and where did you make your first freelancing dollar?
Miranda: My first freelancing dollar was made… Oh gosh —
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PPP014: I’m Eric and I’m a Part-Time Freelancer https://personalprofitability.com/episode14/ Thu, 16 Jul 2015 12:00:00 +0000 http://3.136.100.179/?p=15920 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Today I take the the mic solo to walk you through how to get started in freelancing and how I started myself. Learn how I went from $0 to $30,000 per year in this episode of the Personal Profitability Podcast.   Resources Mentioned The Complete Beginner Guide to Freelancing Freelancers Union Problogger Job Board Media […]</p> The post <a href="https://personalprofitability.com/episode14/">PPP014: I’m Eric and I’m a Part-Time Freelancer</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Today I take the the mic solo to walk you through how to get started in freelancing and how I started myself. Learn how I went from $0 to $30,000 per year in this episode of the Personal Profitability Podcast.
 

Resources Mentioned

* The Complete Beginner Guide to Freelancing
* Freelancers Union
* Problogger Job Board
* Media Bistro
* upwork
* Elizabeth Willhite Design

Full Transcript
Eric Rosenberg: Ladies and gentlemen, boys and girls, children of all ages. Welcome back to the Personal Profitability Podcast. I’m so excited to have you here for episode number 14. ‘Cause it feels like yesterday I was recording episode number 1. I’m thinking back longingly. Well actually, its about 6-7 months ago. Not long ago, but I am excited we’ve made it this far. I see a lot of podcasters give it a go and give up. But I’m committed to bringing you the very best personal finance tips that I have, and I can bring you. Thank you for those who’ve been with me from the beginning.
For those who are listening to their first episode today. I love all of you. Thank you so much for being part of it. I really… I couldn’t do without, you guys give me the motivation to keep going.
Today before we get started as usual, I want to give you an opportunity to hit the pause button. Go grab your favorite adult beverage of choice and come back give me a cheers. Here’s your chance to hit pause. Okay, pause is over. Obviously if you’re in a car or you can’t probably be drinking, definitely can’t drink and drive, or probably can’t drink on the job, unless you have a really cool job. I know I can’t drink on my day job, but I can drink while recording a podcast. And personal finance should be fun. It shouldn’t be something that you dread. Today I know I’ve always had a beer every single episodes so far, but I’m mixing it up today. I have a glass of red wine here. A cheap red wine. I got it Traders Joe’s. Not Two Buck Chuck. I do it a lot better this time. I decided to try one of their Bordeaux, it’s a French wine. It was a 5 or 6 dollars for the bottle and I’m about to have my very first sip of it, so here’s a cheers and let’s see how it is. [gulping] It’s okay.
Not great, definitely good enough for a six or seven dollar bottle of wine though. I’m impressed with that. Tastes like maybe even a ten dollar bottle of wine.
So anyway, you could probably tell I don’t have a guest with me today. This is actually my second full-length episode I’m recording solo. So we’ll see how it goes, normally I bend those short episodes which I more or less stop doing unless you drop me a question that I feel is really awesome. We’ll definitely, still answer all those audio questions on the “Ask Eric Page”.
But for today I wanted to talk about something that is really big on the blog this week, just earlier this week, on Monday, I released my newest complete beginner guide post which is a series I’ve started working on. It didn’t start as a series, it was something I decided to make a series as I see how successful some of these posts were. And this one is called “The Complete Beginner Guide to Freelancing.”
As I’ve mentioned a few times before, I make about $30,000 per year outside of my day job that I can use to do whatever I wanted. It’s my own money. We actually saved about $30,000 a year in our retirement accounts and savings accounts.]]>
Eric Rosenberg - Personal Finance and Entrepreneurship Expert clean 41:19 15920
PPP013: I Am a Professional Wrestler with Martin Dasko https://personalprofitability.com/episode13/ Thu, 02 Jul 2015 12:00:00 +0000 http://3.136.100.179/?p=15919 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>This week we welcome entrepreneur, hustler, and professional wrestler Martin Dasko. Martin started earning money at the ripe age of 11, and has never slowed down. Learn how he makes his living (and has fun) writing, traveling, and competing in the squared circle. Resources Mentioned Studenomics Is It Worth Driving For Uber? My Taxi Driver Confessions […]</p> The post <a href="https://personalprofitability.com/episode13/">PPP013: I Am a Professional Wrestler with Martin Dasko</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. This week we welcome entrepreneur, hustler, and professional wrestler Martin Dasko. Martin started earning money at the ripe age of 11, and has never slowed down. Learn how he makes his living (and has fun) writing, traveling,

Resources Mentioned

* Studenomics
* Is It Worth Driving For Uber? My Taxi Driver Confessions
* How to Start a Blog in 3 Easy Steps
* Failure to Launch No More
* Yakezie
* Narrow Bridge Media
* Martin as The Latin Lover (YouTube video)

Related Topics

* Sell Your Old Place or Rent It Out: How to Become a Landlord, or Not
* 5 Things You Need to Know Before Saying Yes to Student Loans

Full Transcript
Eric Rosenberg: Ladies and gentlemen, boys and girls, children of all ages, welcome back to the Personal Profitability Podcast. I’m your host as always, Eric Rosenberg. And I have a very special guest here with me today. He is not just a finance and side-income expert. He could also body slam you and do many other painful things. So, I am speaking of none other than the famous Latin Lover himself, Martin Dasko. Say hello, Martin.
Martin Dasko: Hey, how’s it going? I’m not sure how famous I am yet, but I already feel famous it’s just that it’s time for the world to figure it out.
Eric: We’ll get you there for sure. This helps you know. We’re getting you on the audio, the internet radio, I guess we could say that with podcast.
Martin: I hope that your fame rubs off on me a little bit.
Eric: So, a little background on Martin for everybody. I’ve known for Martin for a few years. We are in a mastermind group together, which is a group I’m in, there’s four of us in my group. And we get together. We email once a week and have a couple of audio video calls a month. And we talk about the projects we are working on and the businesses we have. And try to help each other succeed, give each other motivation. I know Martin pretty well. He is actually also going to be my roommate at the upcoming FinCon this year which is uber fun.
First Side Income Projects
Eric: So, let’s start with some of the more boring stuff and then we’ll get to the exciting stuff, so you keep listening. So, Martin started… Can you tell us how you started with your first side income project?
Martin: Well, I don’t think it’s boring. That’s not really nice Mr. Eric. I find it to be exciting. If you mean my first side income, it was selling chocolates when I was in Grade 7. I worked for a company and then we went door-to-door selling chocolates. I would sell a box of chocolate for $3 and I would keep a dollar profit.
Eric: That’s pretty cool. So 33% of your sales you got to keep. If you didn’t picked that up everyone, Martin is in Canada where they say Grade 7 not 7th Grade, a little different.
Martin: Oh, sorry.
Eric: It always funny to me the little differences of Canada and the US, but pretty similar. So, 7th Grade. That make you about 12 years old when you were doing that?
Martin: Yeah. About 11, 12 maybe 13. You know I wish I had some emotional story.]]>
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PPP012: I’m Lee and I Flip Houses and Travel for Free https://personalprofitability.com/episode12/ Thu, 18 Jun 2015 12:00:00 +0000 http://3.136.100.179/?p=15898 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>This week we welcome guest Lee Huffman. Lee is a banker, real estate investor, and travel hacker who knows how to hustle, and shares his experiences and wisdom earning big on the side. Resources Mentioned Bald Thoughts Bald Finance The Complete Beginner Guide to Travel Hacking Related Topics Bald Thoughts: April App Party Bald Thoughts: […]</p> The post <a href="https://personalprofitability.com/episode12/">PPP012: I’m Lee and I Flip Houses and Travel for Free</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. This week we welcome guest Lee Huffman. Lee is a banker, real estate investor, and travel hacker who knows how to hustle, and shares his experiences and wisdom earning big on the side. Resources Mentioned Bald Thoughts Bald Finance The Complete Beginne...

Resources Mentioned

* Bald Thoughts
* Bald Finance
* The Complete Beginner Guide to Travel Hacking

Related Topics

* Bald Thoughts: April App Party
* Bald Thoughts: 11 Steps to Take When Opening a New Card
* Sell Your Old Place or Rent It Out: The Ultimate Guide to Becoming a Landlord, or Not

Full Transcription
Eric Rosenberg: Ladies and gentlemen, boys and girls, children of all ages, welcome back to the Personal Profitability Podcast. I’m so excited to have you here with me for, I think this episode makes it a dozen not quite a baker’s dozen yet, but I’m so excited again, as always to have you back. My name is Eric Rosenberg, your trusty and very good looking host.
And today I have a special guest for you. Someone you might guess where I met them like some other guests, I met him at FinCon. But this guest I met little differently than the others, we didn’t meet at a networking session, we actually met at a bar. At about three in the morning, one night in New Orleans at the last FinCon, it was because my wife was up at the bar, grabbing us another round of a drinks, and saw this bald guy with a FinCon badge on. So here, you look like you’re at the same conference I’m at, and we’ve been buddy since, so I’m very excited to introduce the Huffman who is here with us, so say hello.
Lee Huffman: Hi Eric it’s great to be here. And it’s great to be with you here with all your listeners.
Eric: A little background on Lee before we dive in, he is a banker by trade that is his fulltime day job. He lives in the Southern California area. He’s an executive at the bank he works at, it’s a regional bank. And he got into the FinCon world because he has a site called Bald Finances, you might guess the name comes a little bit from his hairstyle. He has other sites as well, balddots.com, and several others that we’ll talk about as we go.
But before we get started as always, Personal Finance should be fun, so we’re going to have a beer. If you are not in the car and not at a job that would prevent that, please this is your moment to hit pause, head to the fridge, grab a beer. If you’re good and free you can grab a wine. I guess you’ll have a scotch too those are pretty good, I don’t judge. So here’s your pause moment.
Okay, welcome back. I hope you got something good and cold. I here have a Hopworks IPA. I actually live just a few blocks from the Hopworks Brewery here in Portland, it’s an all organic brewery. We call it Hub. It’s a good place to ride your bike and grab a beer. What do you have on your end, Lee?
Lee: I’m actually drinking a Heineken. Well growing up I really didn’t like that taste too much but after going Germany and picking one for the next flight fifteen and driving around Europe. We actually stopped off at the Heineken Factory, and I have a new affection for Heineken after seeing how they’re made.
Eric: I actually been, few years ago, one of my first travel hacks ever, I flew out on a trip to London, Paris and Amsterdam.]]>
Eric Rosenberg - Personal Finance and Entrepreneurship Expert clean 58:01 15898
PPP011: I’m Eric and I Make $30,000 Per Year on the Side https://personalprofitability.com/episode11/ Thu, 04 Jun 2015 12:00:00 +0000 http://3.136.100.179/?p=15852 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>This week we turn around the tables and I am the one getting interviewed! Welcome guest host Jeff Fruhwirth as he interviews me about topics I am passioniate about including how I got started blogging, the name change to Personal Profitability, how to get started freelancing, how to start travel hacking, and a secret glimpse […]</p> The post <a href="https://personalprofitability.com/episode11/">PPP011: I’m Eric and I Make $30,000 Per Year on the Side</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. This week we turn around the tables and I am the one getting interviewed! Welcome guest host Jeff Fruhwirth as he interviews me about topics I am passioniate about including how I got started blogging, the name change to Personal Profitability,


Resources Mentioned & Related Concepts

* Sustainable Life Blog
* 5 Steps to Start a Side Hustle
* How to Grow Your Hobby into a Serious Income Source
* The Complete Beginner Guide to Travel Hacking
* Money Mola

Full Transcript
Eric Rosenberg: Ladies and gentlemen, boys and girls, children of all ages, welcome back to the Personal Profitability Podcast. As always I am your host, Eric Rosenberg. And today we are doing something a little different. We’re joined by a guest we’ve had once before. But he’s not going to be the guest; I’m going to be the guest. So today with me is one of my very good friends, probably my best blogger buddy if you want to call him that, Jeff Fruhwirth. Give a shout out, say hello.
Jeff Fruhwirth: Hi everybody. Good to be back.
Eric: Jeff, you might remember from, he was the very first interview of the podcast, so that was episode number three. Now were about three, four months in. It’s exciting we’re still going and it’s fun to have Jeff back. So as always for our interviews, we have our beer of the day. What are you drinking as you interview me Jeff?
Jeff: Well since it’s eight minutes after noon as we are recording this, I want a little lighter and grabbed a Utica Club Pilsener Lager.
Eric: That’s a good one. I like Utica, that’s a good brewery. I like their stuff. They’re consistent, they’re good, they’re flavorful. And I’m about to open my beer, I’ve never open a beer on the air like this before I think so see how it goes. Hopefully I won’t explode beer on microphone ‘cause the microphone costs way more than a beer. And now are you all thirsty out there in podcast land? Remember if you’re, we love, I always say it, personal finance should be fun so please do join me in a beer if you are able. Obviously if you’re in the car or at work and work frowns up on those things do not have a beer. But if you are able to you can join us. I’m actually having a really cheap beer that’s not that great today, that’s Simpler Times Pilsner, you can only get them at Trader Joes. But they’re better than a PBR and cost about the same as the PBR, and it’s alright, refreshing on a hot day, so I give it a try. It’s not my favorite beer ever but for the cost it’s pretty good.  So cheers, Jeff.
Eric: Alright, so as I briefly mentioned everybody what we’re doing today, Jeff is going to turn the microphone around and interview me. And ask me some questions about my own journey and everything I’ve done with my personal finances, with my businesses, all that good stuff. So from this point forward, the whole interview, the whole podcast is in Jeff’s hands. I’m hoping it’s in good hands. This is a total experiment from me. But I trust Jeff, he’s a great guy. So Jeff it is all yours.
Sharing Expertise through Blogging
Jeff: All right thanks a lot Eric. So, I have a few questions prepared for you today, just so all of your podcasters can get to know a little bit about you. Better if they’re not frequent readers of the blog,]]>
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PPP010: How to Pay off Student Loans https://personalprofitability.com/episode10/ Thu, 21 May 2015 12:00:00 +0000 http://3.136.100.179/?p=15803 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>This week an anonymous reader asked about how to best pay off her student loan debt. My response is useful for anyone looking to knock out debt quickly. If you have student loans, this is a must listen. Student Loans Resources Mentioned Paid Off My Student Loans Debt Snowball Republic Wireless Full Transcription Eric Rosenberg: […]</p> The post <a href="https://personalprofitability.com/episode10/">PPP010: How to Pay off Student Loans</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. This week an anonymous reader asked about how to best pay off her student loan debt. My response is useful for anyone looking to knock out debt quickly. If you have student loans, this is a must listen. Student Loans Resources Mentioned Paid Off My Stu...

Student Loans Resources Mentioned

* Paid Off My Student Loans
* Debt Snowball
* Republic Wireless

Full Transcription
Eric Rosenberg: Ladies and gentlemen, boys and girls, children of all ages, welcome back to Personal Profitability Podcast. I’m so excited to have you back today. It means a lot to me that each of you downloads and listens to the show, you know, we’re not normally getting money from the podcast at this point really. I’m just trying to help you out and do the best I can to answer your questions and bring useful interviews.
And today I have a question that came in by email because it has some specific financial information that was requested to stand on in this, so I’m going to do that. This reader had an email and asked about student loans and how the best pay those off. Now I’ve paid off student loans myself. I had a degree that costs about $90,000; that was the estimated cost for my private school education at University of Denver for my MBA. And I ended up for about $40,000 in student loans there. So this is the topic very near and dear to my heart. I was able to pay those student loans off in two years and six days I believe, five or six days, after the anniversary of our graduation, it was just about two years after graduated. I was student loan free and it was a lot of work to do that. I worked full time well in school to help pay for things. It was not easy, I did what I could, but I did it. So I want to try to pass on what I learned as I did that to this reader and answer the questions.
So to lay out the lay of the land for what happened here, so this person’s question, had about between fifty and sixty thousand dollars of student loan debts. That’s quite a bit chunk of change and those are spread out. The biggest loan balance is just about $22,000, the smallest is about $500, and the interest rates on those range from 2.33% which is really low on the bottom end, those are Federal Perkins Loans; those are government back loans. The highest are 8%, which are also a government Perkins Loans. But there’s different types of government loans so that’s not uncommon for there to be different rates depending on when were taken out and whatnot. There’s also two loans that are private loans from Discover Loans, those each have a balance of about $10,000 and one’s at 3.2%, one’s at 3.25%, so it can fall in the middle of the range there. Good news is none of the interest rates are really that high. The highest one there is 8% and has a $400 monthly payment, and the balance on that is just about $5500. That’s the worst of the interest rates. The highest balance loan is actually the second highest interest rates. That’s not the best of news, it’s about 7.75% on the $2200. So it’s spread all along over quite a bit.
Debt Snowball Plan
So what I would do is I would use what is, I’d create a debt snowball that fits for my needs. What a debt snowball is, if you’re not familiar, was made popular by Dave Ramsey, it’s a way to order your loans from highest interest rate to lowest interest rate because that’s the financial best order to pay it off. And what you do is you put as much money as you possibly can in to the highest interest rate loan, until that’s paid off, and you roll that payment forward, when that’s paid off into the next highest interest rate.]]>
Eric Rosenberg - Personal Finance and Entrepreneurship Expert 10:27 15803
PPP009 I’m Kathleen and I Save Half My Income https://personalprofitability.com/episode9/ Thu, 07 May 2015 12:00:00 +0000 http://3.136.100.179/?p=15760 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>This week I am thrilled to bring on guest Kathleen Celmins, owner of Frugal Portland, For Profit Blogging, personal finance influencer, and partner at several other big online properties. Resources Mentioned Frugal Portland For Profit Blogging Financial Samurai Stacking Benjamins Ultimate Beginner Guide to Travel Hacking Mr. Money Mustache Related Concepts Sell Your Old Place […]</p> The post <a href="https://personalprofitability.com/episode9/">PPP009 I’m Kathleen and I Save Half My Income</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. This week I am thrilled to bring on guest Kathleen Celmins, owner of Frugal Portland, For Profit Blogging, personal finance influencer, and partner at several other big online properties. Resources Mentioned Frugal Portland For Profit Blogging Financia...
Resources Mentioned

* Frugal Portland
* For Profit Blogging
* Financial Samurai
* Stacking Benjamins
* Ultimate Beginner Guide to Travel Hacking
* Mr. Money Mustache

Related Concepts

* Sell Your Old Place or Rent It Out: The Ultimate Guide to Becoming a Landlord, or Not
* Home Buyer’s Guide: From Search to Move In

Transcription
Eric Rosenberg: Ladies & gentlemen, boys and girls, children of all ages. Welcome back to the Personal Profitability podcast. I’m so excited to have you back here. I think this is month number 4 that we have been going, so if you’ve been with me all along, thank you for your dedication. I’m so excited to have you back. And if you’re new, welcome to the party. Speaking of parties I have a great friend, she’s another Portland local who is joining us today. This friend I met at FinCon. I don’t know if it was the first one or it was a few years back. We’ve known each other a while. She was actually one of the few people I knew in Portland when I picked up and move here, for out of I think three people, she was one them. It’s a great pleasure to welcome my good friend Kathleen, formerly Kathleen O’Malley, now Kathleen Celmins, to the show. Give everyone a hello, Kathleen.
Kathleen Celmins: Hi!
Eric: So, Kathleen, just a little background on her history, she started out with a blog called Frugal Portland. And that has developed into a mini blogging empire. She has worked for other companies. She has managed other blogs. She is now partnering with another online partner doing lots of cool things. She has a blog that teach you how to make money blogging which is a very useful thing if you want to make money online. We’re going to start off, as we start of all of our interviews, both Kathleen and I are having a beer because finance should be fun. This your opportunity to hit the pause button if you’re at home to go grab a beer to join us. As always, if you are in the car or if you are at an office where that is not an okay thing, don’t feel bad to miss out. But if you’re able to, use your pause point to grab your beer. Okay, welcome back, un-paused. So, Kathleen what are you drinking on your side?
Kathleen: I have a Ninkasi Dawn of the Red India Style Red Ale.
Eric: That’s sounds fun. I haven’t had that one. I like Ninkasi. I had few local Portland people on before and we all had Oregon beers which is kind of fun. I have a Hopsmack IPA here from Cascade Lakes. I don’t know if have had that one on before, but it’s a delicious one, and you know, me my hoppy beers, friend and listeners. So, here’s a little clinky-clink cheers.
Kathleen: Cheers!
Eric: The virtual clink, we’ll get started chatting. So, Kathleen feel free to have a gulp along the way ‘cause I’m sure our listeners will.
Early Days of Blogging
Eric: So, let’s start with your history, and how you started with your online blogging experience. How did you come up with the idea for Frugal Portland and what motivated you to get started?
Kathleen: That’s a great question.]]>
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PPP008 Fractional Shares of Stock https://personalprofitability.com/episode8/ Wed, 15 Apr 2015 12:00:00 +0000 http://3.136.100.179/?p=15720 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Today, reader Amir sent in a question by email. He asked about what happens when a company he owns stock in is acquired, and he is left with a fractional share. Hello my friend. I am new in the stock market my question is: we assume I am the owner 1 share of company B […]</p> The post <a href="https://personalprofitability.com/episode8/">PPP008 Fractional Shares of Stock</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Today, reader Amir sent in a question by email. He asked about what happens when a company he owns stock in is acquired, and he is left with a fractional share. Hello my friend. I am new in the stock market my question is: we assume I am the owner 1 sh...

Hello my friend. I am new in the stock market my question is: we assume I am the owner 1 share of company B and my company acquired by company A. The deal is 0.50 share of A for 1 share of B. How will I receive 0.50 share because it is half a share?
Listen to this week's episode for an answer to Amir's question and an explanation of how fractional shares are handled in your investment accounts.
Resources Mentioned

* Loyal3

Related Concepts

* How the Stock Market Works
* What Does a Share of Stock Represent

Full Transcript
Eric Rosenberg: Ladies and gentleman, boys and girls, children of all ages. Welcome back to the Personal Profitability Podcast. I am your host, Eric Rosenberg.  And today, I am excited to offer my first email question that I am going to answer on the Podcast, that came from a reader named Amir.
Amir owns stock in a company that’s been acquired by another company. That’s a very common thing in the stock market. What he wants to know is the company that’s being acquired is offering a half of a share for every existing whole share of the company he already owns. Let’s say, you owned… there is a big news article lately that the company Hines is purchasing Kraft. I’m just making up an example here, this isn’t the real numbers. But in this example, let’s say that if you own stock in Kraft today that’s worth maybe, you know, $10 a share and the bigger company Hines is buying that company and their stock’s at, let’s say $20 a share. So what they are going to do is offer you one half of a Hines share for every existing Kraft share you owned. Now if you owned, let’s say a 100 shares of Kraft, you would get 50 shares of Hines in your portfolio to replace that which happens automatically one day when that deal closes. Your stockbroker will just take care it for you, there’s nothing to do.
Fractional Shares
What Amir wants to know is, let’s say you owned an odd number of shares. So let’s say you owned five shares of Kraft. What will happen when it’s bought by Hines? So what will happen is you’ll end up with two and half shares in your portfolio. That’s called a fractional share. Anytime you own less than a whole share, that’s the industry term, it’s a fractional share. This is a totally normal thing, it’s nothing to worry about. When you get the fractional shares in your account you’ll see it as 2.5 shares.  And it doesn’t even have to be a half a share, it can be any possible permutation of a fraction. It could be .1 or .33 or .6, it doesn’t matter.
And you know in the past, you couldn’t generally buy fractional shares. Now you can for services like Loyal3, it’s a broker that I use and recommend myself. You can buy and sell shares there with zero trade fees and zero commissions. You can’t buy every stock but there’s a pretty good list. It’s a great place to look if you’re starting out investing individual stocks. And there you can buy dollar amounts rather than in rather than in shares. Let’s see you want to buy $400 of a stock. You can do that. That will give you a fractional ownership of a stock because odds are there’s not an even stock price divided by 400 and that’s totally okay.
So Amir, what will happen is when you are ready to sell your shares, depending on your brokerage, the way my brokerage does it, the whole shares will go through on one transa...]]>
Eric Rosenberg - Personal Finance and Entrepreneurship Expert clean 6:05 15720
PPP007 I’m Jeffrey and I Quit my Job to Freelance, Then I Got a New Job https://personalprofitability.com/episode7/ Wed, 01 Apr 2015 12:00:00 +0000 http://3.136.100.179/?p=15682 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>In this episode of the Personal Profitability Podcast, we welcome guest Jeffrey Trull, an online writer who started his career with an engineering education, got a non-profit job, left to freelance full time, and recent went back to a full-time employer. Get his entire story, filled with lots of useful information, in this week's episode. […]</p> The post <a href="https://personalprofitability.com/episode7/">PPP007 I’m Jeffrey and I Quit my Job to Freelance, Then I Got a New Job</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. In this episode of the Personal Profitability Podcast, we welcome guest Jeffrey Trull, an online writer who started his career with an engineering education, got a non-profit job, left to freelance full time,

Resources Mentioned

* Jeffrey Trull's Website
* Jeffrey Trull on LinkedIn and Twitter
* Money Spruce (Sold to New Owner Since Recording)
* Get Rich Slowly
* Evernote
* Copywriter Conclave of Portland

Concepts Discussed

* Hobby to Business: How to Grow Your Hobby into a Serious Income Source
* 5 Things to Consider Before Taking the Leap into Self-Employment
* My Move from Denver to Portland

Join us for a Beer!
Eric's Beer: Hopsmack IPA from Cascade Lakes Brewing Company
Jeffrey's Beer: Black Butte Porter from Deschutes Brewery

Full Transcript
Eric Rosenberg: Ladies and gentleman, boys and girls, children of all ages, welcome back to The Personal Profitability Podcast. I’m your host, Eric Rosenberg and I’m so excited to have you back here with us again today. Today, we have a very special guest, one my good friends. Well, I am so excited he was able to come in and join us. His name is Jeffrey Trull. Jeffrey has a very interesting online history that I think a lot of you could learn a lot from that’s why he’s here with us today. He started out with a regular full-time job, just like most of us have or have had. And then begun working on his own site income streams, doing online writing, which developed into a pretty big business so big that he was able to leave his full-time job and work for himself full time, which he did for quite a while. And then just, actually, in the last few weeks, he took another full-time job. He went back from being a self-employed online entrepreneur to someone working at a company. That’s kind of unusual journey so Jeffrey is here today to talk to us about it. Say ‘hello’, Jeffrey.
Jeffrey Trull: Hey, Eric. Hey, everyone. Glad to be here. It’s exciting. I think it’s one the first few podcasts I’ve done. It should be fun.
Eric: Well, welcome to having your voice on the internet.
[both laughing]
Jeffrey: Looking forward to it.
Eric: So, everybody as you are aware, if you’ve been listening for a while, this is your opportunity to hit the “pause” button and go grab your beer, so you can have a beer with us. Cause personal finance should be fun and you know, not some boring mundane and things. Here’s your pause moment.
Okay, your pause moment’s over. Welcome back. I hope you have something tasty and good. If you’re driving a car or at work, where it’s not allowed, obviously, you don’t want to drink a beer. If you’re sitting at home, listening with your headphones or whoever you’re with – with your friends, with your dogs. I hope you’re enjoying something good. I,]]>
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PPP006: How Do I Automate Retirement Contributions when Self Employed? https://personalprofitability.com/episode6/ Wed, 18 Mar 2015 12:00:00 +0000 http://3.136.100.179/?p=14973 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Today Carrie in Seattle asks us how to handle her retirement contributions when self-employed. Lucky for her, there are retirement accounts just for self employed individuals. Concepts Discussed Rollover IRA from an old 401(k) How to Save for Retirement if Your Company Doesn't Offer a 401(k) How to Start an IRA (or a Roth IRA) […]</p> The post <a href="https://personalprofitability.com/episode6/">PPP006: How Do I Automate Retirement Contributions when Self Employed?</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Today Carrie in Seattle asks us how to handle her retirement contributions when self-employed. Lucky for her, there are retirement accounts just for self employed individuals. Concepts Discussed Rollover IRA from an old 401(k) How to Save for Retiremen...

Concepts Discussed

* Rollover IRA from an old 401(k)
* How to Save for Retirement if Your Company Doesn't Offer a 401(k)
* How to Start an IRA (or a Roth IRA)
* Getting Going on Retirement Savings

Resources Mentioned

* IRS Information on SEP Accounts
* Starting an SEP at Vanguard
* Starting an SEP at Schwab

Full Transcript
Eric Rosenberg: Ladies and gentlemen, boys and girls, children of all ages, welcome back to the Personal Profitability podcast. This is episode number 6 and features a reader question from Carrie in Seattle. Carrie is self-employed and wants to know a little bit more about how she should deal with her retirement accounts and her retirement planning which can be a challenge for self-employed people. So let’s turn it over to her for her question.
Hi, Eric. I’m a freelance consultant and I manage all of my own personal finances as well as my business finances. One thing that I’ve been wondering about recently is, is there an easy automated way to continually put money into some sort of retirement account? I currently have a Vanguard account with my IRA and old 401(k) from when I worked for an employer, but now that I’m on my own, I’d love to find a way to automatically send a designated amount into a new retirement account each month. Is there a way to do this and if so, what account type do you recommend and what percentage of my income should I send there? Thanks so much.”
Eric: Well, thank you so much for that great question, Carrie. It’s a pretty common and popular question among self-employed people because with people who have a full-time regular eight to five type of job, with a large employer, that employer’s going to put together all of the investment and retirement account options for you for most parts, so your 401(k)s and whatnot, they are all set up for you. You just choose the funds and the percent of your paycheck you want to put in there. So that’s all pretty easy to put together for people with a full-time job. But if you are self-employed, you have to do everything yourself and that’s including picking the type of account where you want to have the account, what investments you want to use in that account, so all sorts of decisions that you don’t have to make when you have a full-time employer, but fortunately I can walk you through it. It’s not all that difficult.
So to start I actually just wanted to address one thing you mentioned in your question. You said you had an old 401(k) account from a prior employer, the first thing I would do before you do anything else is roll that over into a self-directed IRA. That works just like the 401(k) except it’s no longer attached to your employer, and you can choose any type of investment you’d like for that. You mentioned that you have some accounts at Vanguard. That’s a perfect place to do your rollover. You just call them up,]]>
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PPP005: I’m Melanie and I Quit My Job to Work for Myself https://personalprofitability.com/episode5/ Wed, 04 Mar 2015 13:00:00 +0000 http://3.136.100.179/?p=14837 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Today we welcome guest Melanie Lockert, a self-employed freelancer who quit her job in a non-profit to work for herself. She also happens to be one of our writers here at Personal Profitability. Melanie began her career with plenty of student debt after attending college in California and graduate school at NYU in New York […]</p> The post <a href="https://personalprofitability.com/episode5/">PPP005: I’m Melanie and I Quit My Job to Work for Myself</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Today we welcome guest Melanie Lockert, a self-employed freelancer who quit her job in a non-profit to work for herself. She also happens to be one of our writers here at Personal Profitability. Melanie began her career with plenty of student debt afte... here at Personal Profitability.


Melanie began her career with plenty of student debt after attending college in California and graduate school at NYU in New York City. She moved out to Portland, Oregon hoping for the best, but found the job market leaving her wanting more. After struggling to find a non-profit job with a steady salary, she walked away to pursue her own online income dreams, where she now generated a full time income.
You can find Melanie's work on this site, at her own popular and growing blog, Dear Debt, and many client sites around the web. You can find her on Twitter at @DearDebtBlog.
Resources Mentioned

* Dear Debt
* Dear Debt: A Story About Breaking Up With Debt
* FinCon
* Ignite FinCon
* New Media Expo
* Jason Steele
* Carrie Smith

Portland Finance Bloggers

* Get Rich Slowly
* Frugal Portland
* For Profit Blogging
* Retire by 40

Concepts Discussed

* Moving to Portland to Follow a Dream
* How Student Loan Payments Work
* How to Shop for a Car Loan
* How I Paid Off My Student Loans in 2 Years (and six days)

Full Transcript
Eric Rosenberg: Ladies and gentlemen, boys and girls, children of all ages, welcome back to the Personal Profitability podcast. I’m your host, Eric Rosenberg, and I’m so excited to bring our second guest onto the podcast today. Today we have one of the writers from our own website that you’ve gotten to know and see, our own writer, Melanie. She is here with us, and she is going to share a bit about her journey from working in the nonprofit industry and going on to self-employment and now she works for herself full time as an online freelancer. Welcome, Melanie, and if you want to say hi to the fans and tell them a little about yourself, go for it.
Melanie Lockert: Hi, everyone. Thank you so much for having me, Eric. I’m really excited to be here. I am a freelance writer, side hustle coach, editor, virtual assistant, and all-around side hustler. I love making money in different ways and have had quite a journey with the whole blog and writing adventure. So I’m really excited to talk to you about it.
Eric: I think that a lot of our listeners will have something in...]]>
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PPP004: Can I Invest My Tax Refund in an IRA and File an Amended Return? https://personalprofitability.com/episode4/ Wed, 18 Feb 2015 13:00:00 +0000 http://3.136.100.179/?p=14754 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Today reader Jeremy asked a tax question about IRAs and tax refunds. When you make Traditional IRA contributions, you can deduct that amount from your income and pay less in taxes. Jeremy asked if you can use your refund to make an IRA contribution, file an amended tax return, and get a second refund. For […]</p> The post <a href="https://personalprofitability.com/episode4/">PPP004: Can I Invest My Tax Refund in an IRA and File an Amended Return?</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Today reader Jeremy asked a tax question about IRAs and tax refunds. When you make Traditional IRA contributions, you can deduct that amount from your income and pay less in taxes. Jeremy asked if you can use your refund to make an IRA contribution,

For this episode, I brought in Nicole Rosen, a registered tax preparer, to help me answer the question. You can visit her awesome website, Finance Diva, to connect with her.
Resources Mentioned

* Finance Diva
* IRS Resource for IRA Accounts
* IRS Resource for IRA Contribution Limits
* IRS Resource for IRA Deduction Limits

Useful Related Posts

* How to Start an IRA (or a Roth IRA)
* Should My IRA Charge Me a Maintenance Fee?

Full Transcription

Eric Rosenberg:  Ladies and gentlemen, boys and girls, children of all ages, welcome back to the Personal Profitability Podcast. I’m your host, Eric Rosenberg, and I’m so excited to have you back for our 4th Episode. This is going to be our 2nd shorter episode, the ‘Ask Eric’ episodes, where we are going to feature a reader question and help give him an answer because that is something that many of you might also be asking. So if you ever do have a question feel free to go to personalprofitability.com, you can click on the little menu icon on the top and there’s a link to the Ask Eric page and I will help answer any question you have.
So first we are going to drop into Jeremy who asked a pretty tax-heavy question and we’ll see if we can help him out.
Hey, Eric, I wanted to know is it possible to file your taxes, get a refund and then invest in IRA and then amend the taxes to get an additional tax break. Thanks a lot.”
Eric: Thank you for very much for that question, Jeremy. Now to answer that, there are some complicated tax issues in there, so I am going to bring in a tax expert, my friend, Nicole Rosen. She is a certified tax expert and has a great answer for you. So here you go Nicole, what do you have to say?
Nicole Rosen: Hi! So if you are looking to put your money into your IRA and you have already filed your taxes, the short answer is – yes, you can file your taxes, take the money, do an amendment and then claim the extra contribution. However that is not the way I would recommend to do it. The IRS actually allows you to file your taxes and claim the contribution that is not yet done as long as you absolutely, positively promise to get it done by April 15th.
So the IRS says any contribution made between January 1st and April 15th of the current calendar year, you can choose to credit it towards the prior tax year, in this case 2014, or you can choose to credit it towards 2015. So if you know, a 100% for sure, you’re going to take your refund and put it into your IRA, then when you file your taxes, I would recommend filing it as if that contribution has already been made.
Eric: Great, thank you so much for that detailed answer, Nicole, very much appreciated. And if anyone’s looking to find you online, where should they go?
Nicole: I blog at financediva.com. I am a personal finance blogger but I focus on credit and taxes because that’s what I do during tax...]]>
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PPP003: I’m Jeff and I Own Six Niche Sites https://personalprofitability.com/episode3/ Wed, 04 Feb 2015 13:00:00 +0000 http://3.136.100.179/?p=14687 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>This week I welcome our first guest, my very good friend Jeff Fruhwirth of Sustainable Life Blog, 2013 Best Sustainability Personal Finance Blog at the personal finance blogging awards – The Plutus Awards. In this episode, Jeff shares his insights and experiences making money online with his six niche sites, his online services, and how […]</p> The post <a href="https://personalprofitability.com/episode3/">PPP003: I’m Jeff and I Own Six Niche Sites</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Personal Profitability welcomes guest Jeff Fruhwirth from Sustainable Life Blog. Talks niche sites, Google AdSense, and building online income. Sustainable Life Blog, 2013 Best Sustainability Personal Finance Blog at the personal finance blogging awards – The Plutus Awards.
In this episode, Jeff shares his insights and experiences making money online with his six niche sites, his online services, and how he received $750,000 in benefits from his health insurance plan.


What we're drinking:
Eric – Alaskan Amber
Jeff – Avery's The Czar
Sites and Resources Mentioned:

* Sustainable Life Blog
* HealthCare.gov
* Online Side Income
* Amazon Associates
* PersonalProfitability.com/Amazon
* Google AdSense
* Elk Hunting HQ
* Reusable Bag Store
* Google Webmaster Tools
* Flippa
* Side Husstle Show Podcast

Useful Related Posts at Personal Profitability:

* What to do if your job does not give you health insurance
* Where to keep your emergency fund
* Turning a hobby into a business

Full Transcription:

Eric Rosenberg: Ladies and gentlemen, boys and girls, children of all ages, welcome back to the Personal Profitability podcast. My name is Eric Rosenberg, your faithful and trusty host, live here in Portland, Oregon. And today, this is our 3rd episode and I am very excited to have our 1st guest on the show. This guest is a good friend of mine, someone I met at my very first Financial Blogger Conference in Chicago. (Now it’s just known as FinCon). We actually found out that we are meeting up this year in Charlotte, North Carolina, which I’m pretty excited about. That’ll be the next time I see Jeff unless we can get a chance to hangout before, who knows if that will happen. But we always chat online and on the phone and he is here right now.
So say hello, Jeff, introduce yourself to the crowd.
Jeff Fruhwirth: Hey everybody, how are you all doing today? Like Eric said, I’m Jeff Fruhwirth and we’ve known each other for about 4 or 5 years at this point.
Eric: Yeah. We’ve been to four FinCons together.
Jeff: We lived in the same city growing up, went to the same University and didn’t actually get connected until we both found each other’s blogs. So thanks for having me on, Eric. It’s great to be here.
Eric: Yeah for those of you who want to look Jeff up right now while you’re listening, his website is sustainablelifeblog.com. He has a bunch of other websites too that we’ll talk about more and even a couple we’ve worked on it together. But to start off,]]>
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PPP002: Pay off Debt or Save for Retirement? https://personalprofitability.com/episode2/ Wed, 21 Jan 2015 13:00:00 +0000 http://www.narrowbridge.net/?p=14384 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Thanks to listener Erin for asking our first audio question for episode two of the Personal Profitability Podcast. She asks if she should pay off her student loans first before she starts saving for retirement. Concepts Discussed Student Debt Payoff Celebration Post What Does Your Credit Score Mean? Getting Started With Your Employer 401(k) Automated Debt […]</p> The post <a href="https://personalprofitability.com/episode2/">PPP002: Pay off Debt or Save for Retirement?</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. A listener asks if she should focus on paying off her debt before saving for retirement.

Concepts Discussed

* Student Debt Payoff Celebration Post
* What Does Your Credit Score Mean?
* Getting Started With Your Employer 401(k)
* Automated Debt and Investment Plan
* Debt Snowball

Ask Eric Your Questions
Get your question answered right here on the Personal Profitability Podcast! Just drop me a line through the Ask Eric page and I will answer you on a future episode of the Personal Profitability Podcast.
The first five questions featured will win a free copy of The Happiness of Pursuit by Chris Guillebeau.
Full Transcription
 
Hello everyone and welcome to the second episode of the Personal Profitability Podcast.
Once a month we’re going to do something a little special, a little different, from the longer episodes – we’re going to have a reader question. And any reader who would like to ask a question is totally eligible, that includes you. And if you leave me a question, you can either email it in or even better, you can go to the Ask Eric page, you can find that under the contact form on the website. So if you go to NarrowBridge.net, go to contact, there is a little drop down and then you can go to the Ask Eric page there and leave me a message. So you can leave an audio message with your phone, with your built-in microphone on your laptop or any audio device you have, it’s totally great.  And you can leave me a question and I will answer it here.
We’re going to kick it off with a question from Narrow Bridge reader Erin and she asks about a question involving her student loan debt.
Hey Eric! My husband and I have quite a bit of student loan debt. My question to you is do you recommend trying to pay down the student loan debt or trying to start some investments? We can’t seem to decide or agree on whether the student loan debt is something that we’re inevitably going to have for years, so we should build up some investments in stocks or other areas or whether we should try to put in all our efforts into paying down our student loans. Thanks.”
Well that is a great question Erin and I have a great answer for you and your husband. So I have actually also been in that situation myself before. I just paid off my student loans, not all that long ago. I had about $40,000 in student loans when I graduated from my MBA program, which felt like quite a lot and I worked really, really hard and was super laser-focused like a Jedi. I was able to pay off that debt in 2 years and 5 days after graduating from college. I was actually kind of mad that if I had paid it one week earlier I could’ve had it under 2 years. So now every time I write about it or talk about it I have to say ‘oh it was 2 years and 5 d...]]>
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PPP001: I’m Eric Rosenberg, Welcome to the Personal Profitability Podcast https://personalprofitability.com/episode1/ Wed, 07 Jan 2015 13:00:00 +0000 http://www.narrowbridge.net/?p=14383 Thank you for reading this article, which comes to you originally from Personal Profitability.<p>Welcome to the first episode of the Personal Profitability Podcast. I am you host Eric Rosenberg. I have been planning this launch for nearly a year, and I'm thrilled to bring you the first episode. This episode lays out the framework of the Personal Profitability Project, the new concept this site is all about. Here we […]</p> The post <a href="https://personalprofitability.com/episode1/">PPP001: I’m Eric Rosenberg, Welcome to the Personal Profitability Podcast</a> appeared first on <a href="https://personalprofitability.com">Personal Profitability</a>. Personal Profitability Podcast Episode 1: Spend smarter, earn more, grow your investments, and live a better life Personal Profitability Project, the new concept this site is all about. Here we will discuss the four main tenants of personal profitability.


In this episode you will learn:
In this first episode of the Personal Profitability Podcast, I give you an intro to the core tenets of Personal Profitability: Spend Mindfully, Earn More, Grow Your Wealth, and Living Better.
Spending Mindfully: Focus on what you really value when you spend your hard earned money. Why waste on cable or coffee if you are not a TV fan or you can get free coffee at work? You can save enough for a plane ticket to Europe each year by cutting cable.
Earn More: Earning more on the side can cover your beer tab, your rent, and eventually may lead to a full time income. I try to make at least $2,500 per month on the side every month.
Grow Your Wealth: Neglecting investments and putting your assets to work for you will cost you big in the long-run. Wealthy people know how to leverage their cash flow and savings to become even wealthier in the future.
Living Better: Your money should help you live a better life, not restrict you. Take control and live your dreams through thoughtful personal finance management.
Each episode, I encourage you to join me in having a beer. This week's beer is Ninkasi Total Domination IPA made in Eugene, Oregon.
Links and resources mentioned in this episode:

* Automatic Millionaire by David Bach
* eBay
* Craigslist
* Envato Marketplace
* Udemy

Social Media

* LinkedIn
* Facebook

Eric Rosenberg First Episode Full Transcript:
Hello my friends and welcome to the very first edition of the Personal Profitability Podcast. My name is Eric Rosenberg and I’m your host in this journey to personal profitability. There's so much ahead, I'm so excited to get started. I've had this idea to start this Podcast for many months now and today is day one, so welcome to the journey!
Before we get started, I just wanted to tell you a little bit about myself and the backgrounds. So first off, we’re coming to you live. I’m recording this myself at Narrow Bridge Media Studios. Today we’re in the downstairs studio, which means we’re in my dining room so, I wanted to find a nice quiet place I could talk to you, we could just have some one on one time. But I wanted to bring up that I’m recording it at home because personal finance starts at the home. It’s something that’s very personal to all of us, that’s why it’s called Personal Finance, not just finance.
So when you’re working through all these stuff, remember, it’s about your family, it’s about your home, and it’s about living a better life. That really means a lot to me that each and every one of you are here. I see all the stats,]]>
Eric Rosenberg 44:01 14383