Podcast

The Secret Strategy to Invest in Real Estate and Earn Passive Income with Rachel Richards

 

Yes, it is possible to invest in real estate and earn passive income on any income. What you need is a strategy to find the best properties to maximize your passive income potential. Rachel Richards is sharing what you need to know to successfully invest in real estate in this exciting episode.

Meet Rachel Richards

If you’re active on social media, you may have heard of Rachel Richards and her brand Money Honey. Rachel has been on the show in the past, however, in this episode she’s sharing her story about getting started in real estate investing. The truth is Rachel isn’t a trust fund baby and actually never made six figures in a job. She found creative ways to save money and was saving half of her salary to ramp up to her first investment all with less than 20% down. Rachel is a great example of bringing intentionality to your money so you can achieve a money goal. In her 20’s she decided rental real estate was her means to generate passive income and essentially retired in less than 2 years.

In her story, I hope you find a bit of yourself and motivation that you can create your own version of Rachel’s passive income success. In this episode, we talk about what it means to have financial freedom, how to think about passive income, how to get into real estate investing, how much money you need, how to spot a good deal, and so much more.

Links

Passive Income Starter Kit

F.I.R.E. Mastermind

Money Honey website

Rich Dad Poor Dad

Money Honey by Rachel Richards

Passive Income Aggressive Retirement by Rachel Richards

Episode Transcript

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Episode Sponsors

A big thank you to all our sponsors that make this podcast possible!

Right now, my listeners can get a bonus of $25 in crypto after you make your first purchase with BlockFi’s Bitcoin Rewards Credit Card when you sign up at blockfi.com/MYMONEY.

Make it the year you finally cross life insurance off your list, and get protection for your loved ones. Go to http://www.policygenius.com and get started. You could save 50% or more by comparing quotes and start the new year with one less thing to worry about.

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I want you to start living a happier life today. As a listener, you’ll get 10% off your first month by visiting our sponsor at http://www.betterhelp.com/mymoney.

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Money and Relationships: The Secrets to Thriving During Conflict

 Money and relationships can be tough. Over the last few years, there’s been a lot of chaos in the world. With money a constant source of stress, relationships are getting tested. Covid seems to have brought out two extremes in relationships – one partner embracing the “life is short” motto while the other partner might be feeling vulnerable and have a need to save for any future emergencies. These two opposites, or really any money conflict in a relationship, can be tough to sort through. Dr. Shauna Springer is back to illuminate money and relationships and share insider secrets to thrive during conflict. Your relationship will thank you after this episode!

Meet Shauna ‘Doc’ Springer

Shauna ‘Doc’ Springer is a best-selling author, frequently requested keynote speaker, and one of the world’s leading experts on psychological trauma, military transition, suicide prevention, and close relationships. She is the author of WARRIOR: How to Support Those Who Protect Us and the co-author of BEYOND THE MILITARY: A Leader’s Handbook for Warrior Reintegration. A Harvard graduate who has become a trusted Doc to our nation’s military warfighters, she navigates different cultures with exceptional agility. As Chief Psychologist for Stella, she advances a new model for treating psychological trauma that combines biological and psychological interventions.

Links Mentioned

WARRIOR book

Shauna’s website

Stella

Episode Sponsors

A big thanks to our episode sponsors.

Go to http://www.Ladderlife.com/mymoney to see if you’re instantly approved for life insurance to provide for your family if the unthinkable happens.

Listen to TED Business from the TED Audio Collective on Apple Podcasts, Spotify, or wherever you’re listening to this.

Start your 100-day trial and shop the entire Away lineup of travel essentials, including their best-selling suitcases at http://www.away.com/mymoney.

Go to http://www.shopify.com/mymoney for a FREE fourteen-day trial and get full access to Shopify’s entire suite of features.

Right now, my listeners can get a bonus of $25 in crypto after you make your first purchase with BlockFi’s Bitcoin Rewards Credit Card when you sign up at blockfi.com/MYMONEY.

Make it the year you finally cross life insurance off your list, and get protection for your loved ones. Go to http://www.policygenius.com and get started. You could save 50% or more by comparing quotes and start the new year with one less thing to worry about.

Join the fastest growing venture capital investment community and invest in IntellAct at http://www.ourcrowd.com/mymoney.

FOLLOW & SHARE

Love this episode? Share it with a few friends so they can learn these valuable money concepts as well.

Be sure to FOLLOW and SUBSCRIBE to never miss an episode bit.ly/millennial-money 

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Shannah Shares: Community Q&A

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Follow Me Here for More Money Tips

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Episode Transcript

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Posted in Life, Podcast | Comments Off on Money and Relationships: The Secrets to Thriving During Conflict

The 5 Letter Trick to Create a Diversified Stock Portfolio

There is power in creating a diversified stock portfolio. But how exactly do you create diversification? In this episode, Myles Gage deep dives into the how and why behind creating a diversified stock portfolio using his 5 letter trick, FETCH. Myles is the Co-Founder and Chief Marketing Officer of Rapunzl Investments, a mobile app that allows you to simulate a stock portfolio with real-time data. Myles is also an advocate for encouraging young people to invest given his exposure of learning how to invest in elementary school where he won stock trading competitions. He even got to hold Warren Buffet’s wallet. This is a conversation you don’t want to miss.

Links

Rapunzl Investments

Rapunzl Investments on Instagram

Myles on LinkedIn

Episode Sponsors

Right now, my listeners can get a bonus of $25 in crypto after you make your first purchase with BlockFi’s Bitcoin Rewards Credit Card when you sign up at blockfi.com/MYMONEY.

Make it the year you finally cross life insurance off your list, and get protection for your loved ones. Go to http://www.policygenius.com and get started. You could save 50% or more by comparing quotes and start the new year with one less thing to worry about.

FOLLOW & SHARE

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Ask Shannah

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Transcript

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Posted in Investing, Podcast | Comments Off on The 5 Letter Trick to Create a Diversified Stock Portfolio

The Secret Strategy to Create a Winning Money Game Plan

What would it look like to create a winning money game plan? It would mean you have your money working for you in all the ways. You are saving, investing, growing, and managing your money towards your goals.

In this episode, Hillary Seiler is going to show you how to do just that. Hillary is the definition of a serious BOSS! She is a Certified Financial Educator (CFEd®) and coach for seven NFL teams, who teaches people how to win with their money. She is also the founder of Financial Footwork, a financial education platform that coaches people through overcoming the stress and failures that stem from limited to no financial education.

Links

If you liked this episode:

Take a listen to – Finding My Calling From Sports to Finance

Episode Sponsors

Right now, my listeners can get a bonus of $25 in crypto after you make your first purchase with BlockFi’s Bitcoin Rewards Credit Card when you sign up at blockfi.com/MYMONEY.

Make it the year you finally cross life insurance off your list, and get protection for your loved ones. Go to http://www.policygenius.com and get started. You could save 50% or more by comparing quotes and start the new year with one less thing to worry about.

FOLLOW & SHARE

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Transcript

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Posted in Budgeting, Podcast, Saving | Comments Off on The Secret Strategy to Create a Winning Money Game Plan

The Best Money Advice You Should Know From 100 People

I asked over 100 people what their best money advice is that everyone should know about. You’d be shocked to learn that many people shared the exact same tips. Proof that how everyone thinks about money isn’t so different after all. In this solo episode, I’m sharing the top 15 tips that were the most common tips including money hacking tips, mindset tips, and wealth-building tips.

If you loved this episode:

Check out 13 Money Secrets No One Teaches You But You Should Know.

Episode Sponsors

Right now, my listeners can get a bonus of $25 in crypto after you make your first purchase withBlockFi’s Bitcoin Rewards Credit Card when you sign up at blockfi.com/MYMONEY.

Make it the year you finally cross life insurance off your list, and get protection for your loved ones. Go to http://www.policygenius.com and get started. You could save 50% or more by comparing quotes and start the new year with one less thing to worry about.

FOLLOW & SHARE

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Ask Shannah

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Get Social

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Shannah on Twitter https://twitter.com/shannahgame

Shannah on Instagram https://www.instagram.com/shannahgame/

Episode Transcript

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The Money Secrets to a Happier, Healthier Life with Bolun Li

In this episode, we’re talking about the power of learning money fundamentals. After all, money fundamentals truly are the secrets to a happier and healthier life. Why do you ask? Learning the fundamentals, the why, and the how-to’s behind money gives you confidence. As our guest Bolun Li says, the confidence to ask for help, explore the financial world and ultimately make better choices.

Podcast episode about creating a healthier and happier life with Bolun Li

Meet Bolun

Bolun is the Gen Z founder & CEO of Zogo, which he founded in his freshman year at Duke University. Backed by scientific research, Zogo’s award-winning app offers bite-size modules and tangible incentives to make financial literacy education accessible, fun, and rewarding. In this episode, we talk about what money fundamentals you need to know, why financial literacy is critical to your success, and how to reframe the role money has in your life so you can be happier and healthier.

You can find Bolun Li at  Zogo| on Instagram| Blog

If you loved this episode:

Check out a favorite past episode The Secrets to Live a More Profitable Life

Thanks to our episode sponsors:

Right now, my listeners can get a bonus of $25 in crypto after you make your first purchase withBlockFi’s Bitcoin Rewards Credit Card when you sign up at blockfi.com/MYMONEY.

Make it the year you finally cross life insurance off your list, and get protection for your loved ones. Go to http://www.policygenius.com and get started. You could save 50% or more by comparing quotes and start the new year with one less thing to worry about.

FOLLOW & SHARE

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Ask Shannah

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Get Social

Shannah on TikTok @shannahgame

Shannah on Twitter https://twitter.com/shannahgame

Shannah on Instagram https://www.instagram.com/shannahgame/

Episode Transcript

Posted in Budgeting, Life, Podcast | Comments Off on The Money Secrets to a Happier, Healthier Life with Bolun Li

How to Break Bad Money Habits from Your Parents

Your parents, or the person who raised you, had a big influence on how you deal with money today. There were probably some good, and some not-so-good money habits and messages you picked up along the way. Maybe your parents never even talked about money. Whatever messages you received had a big impact on your money success. The good news is there’s a lot you can do about it, and we’re going to talk about it all in this episode.

break bad money habits

What You’ll Learn

  • How to recognize patterns and habits from your childhood
  • Why writing out your money story is so powerful
  • How to change your relationship with money in powerful ways
  • Steps to start talking about money from a healthy perspective
  • How to talk to your parent’s about money

Episode Sponsors

Make it the year you finally cross life insurance off your list, and get protection for your loved ones. Go to http://www.policygenius.com and get started. You could save 50% or more by comparing quotes and start the new year with one less thing to worry about.

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Posted in Life, Podcast | Comments Off on How to Break Bad Money Habits from Your Parents

Find Happiness & Ditch Settling with Tess Brigham

No more blindly following what you’re supposed to do. It’s time to get clear, find happiness, and ditch the idea of settling. So how do you do that? Our guest Tess Brigham (MFT, BCC) has a few words of wisdom to help you get there.

May is mental health month and as someone who struggles with mental health, I thought we should have some conversations about it this month. In this episode, we’re talking about happiness. It feels sometimes like we’re always supposed to be happy, but you and I both know that’s not actually reality. On the other side of the coin, there’s a lot of people that believe you can never be happy. And that’s not true either. Somewhere in the middle is a place where happiness exists. The best part of happiness is that it can look different to you than it does to me. We get to define it and shape it.

find happiness

Meet Tess

Tess is a ‘Millennial Therapist’, an expert psychotherapist, certified life coach, and public speaker. She specializes in helping millennials discover their unique life path in order to go out into the world and make an impact. In this episode, she is sharing how to get super clear on what happiness looks like for YOU and some action steps to take to make it a reality.

What You’ll Learn

  • How to recognize when you’re settling
  • How to create a vision for your future
  • Ways to deal with money anxiety and stress
  • Cultivate a roadmap to aligning your money with your goals
  • What is happiness and how do you find it

Links

Tess Brigham Therapy and Coaching https://tessbrighamcoaching.com

Tess on Instagram https://www.instagram.com/tess_brigham

Episode Sponsors

Try Warby Parker’s free Home Try-On program: Order 5 pairs of glasses to try at home for free for 5 days – there’s no obligation to buy! Ships free and includes a pre-paid return shipping label at warbyparker.com/mymoney.

Make it the year you finally cross life insurance off your list, and get protection for your loved ones. Go to Policygenius.com and get started. You could save 50% or more by comparing quotes and start the new year with one less thing to worry about.

Find out how Upstart can help you lower your monthly payments and pay off your today when you go to upstart.com/mymoney.

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Posted in Life, Podcast | Comments Off on Find Happiness & Ditch Settling with Tess Brigham

Insider Secrets to Buying Your First Home and Avoiding the Rookie Mistakes | Scott Trench & Mindy Jensen

Buying your first house is no joke – from the downpayment to the mortgage, to finding the right house, to the paperwork and more, it can be quite a process. So how do you buy your first house with ease and avoid some rookie, aka costly, mistakes? 

buying your first home

Scott Trench and Mindy Jensen, co-hosts of the BiggerPockets Money Podcast and authors of the new book, First Time Homebuyer, are our guests on this episode to share how to buy your first home, why your purchase really isn’t an investment, the importance of an exit strategy, and why you shouldn’t think about buying a house without a reserve fund. So press pause on HGTV, and tune in for this how-to-buy a home episode.

What You’ll Learn

  • Your first-time home buyer checklist
  • Why your home purchase really isn’t an investment
  • The importance of an exit strategy
  • How to find your payback period
  • Is this a good time to buy your first house
  • How to think like an investor when you buy a home
  • Why you need a strong reserve fund

Links

Meet Scott and Mindy

Scott Trench is CEO of BiggerPockets, co-host of the BiggerPockets Money Podcast, a real estate investor and broker, and a bestselling author of Set for Life. Through a solid understanding of money management, calculated risks, and a lot of hard work, he created financial freedom for himself as well as a successful real estate business just three years after graduating college. Scott currently lives in Denver, Colorado, and enjoys skiing, rugby, craft beers, and terrible punny jokes.

Mindy Jensen has been buying and selling homes for more than twenty years. Currently, she’s working on her ninth live-in flip—she buys ugly houses, moves in, makes them beautiful, sells them, and starts the process all over again. She is a licensed real estate agent in Colorado, co-host of the BiggerPockets Money Podcast, author of How to Sell Your Home, and the Community Manager for BiggerPockets.com. When you can get her to stop talking about real estate, you can find her on her bike or adventuring in the beautiful mountains of Colorado.

Episode Sponsors

Make it the year you finally cross life insurance off your list, and get protection for your loved ones with Policygenius. Go to Policygenius.com and get started. You could save 50% or more by comparing quotes and start the new year with one less thing to worry about.

The average person saves $720 per year with Truebill. Take control of your finances and start saving at Truebill.com/MM.

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SUBSCRIBE & SHARE

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The Power of Creating Cash Flow | Chris Miles

Let me tell you a secret. The most important foundational principle you need to know about money is the power of cash flow. Yes, it’s really all about the money flow. Stay tuned to hear the seven secrets to free up cash, why you need passive income and how to get your cash flowing with our guest Chris Miles.

Cash Flow isn’t something that is taught often when it comes to personal finance, but honestly, just think of where you’d be if you didn’t have cash flow. It’s how you pay for things…and as you go through life, it’s really all about cash flow. How much is coming in and how much is going out is the name of the game. Thankfully, Chris, the Cash Flow Expert, and Anti-Financial Advisor is here to help you master the cash flow game.

How cash flow can change your financial situation

Chris Miles is a leading authority teaching entrepreneurs and professionals how to get their money working for them TODAY! He’s an author, podcast host of the Chris Miles Money Show, has been featured in US News, CNN Money, Entrepreneur on Fire, and has a proven reputation with his company, Money Ripples, getting his clients fast, financial results. In fact, his personal clients have increased their cash flow by over $250 Million in the last 11 years!

Links

Money Ripples https://moneyripples.com

The Chris Miles Money Show https://www.blogtalkradio.com/moneyripples

Chris on Facebook http://www.facebook.com/moneyripples

How to Build Passive Income with Rachel Richards https://bit.ly/3fKoJVU

Episode Sponsors

Try Warby Parker’s free Home Try-On program: Order 5 pairs of glasses to try at home for free for 5 days – there’s no obligation to buy! Ships free and includes a pre-paid return shipping label at warbyparker.com/mymoney.

Make it the year you finally cross life insurance off your list, and get protection for your loved ones. Go to Policygenius.com and get started. You could save 50% or more by comparing quotes and start the new year with one less thing to worry about.

Find out how Upstart can help you lower your monthly payments and pay off your today when you go to upstart.com/mymoney.

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