Listen Money Matters - Free your inner financial badass. All the stuff you should know about personal finance.

At a certain point, you can’t save any more money; there just isn’t anything left to cut. And really, saving money is not nearly as impactful as making more. So whether you want to increase your income to pay off debt, save for a home, take a vacation, or retire early, we have ways to do it. Here are our favorite money making ideas. Full Article Here Show Notes Cellar 3 Silva: An Imperial stout. Simple Wealth: Research and evaluate rental properties. Learn more about your ad choices. Visit megaphone.fm/adchoices

The most valuable thing in the world is knowledge. Everything else in our lives, money, health, things, love, they can all come and go. They can all be taken away from us. The one thing that no one can ever take from you once you have acquired it is knowledge. You can lose your money, all of it, and all of the stuff it brought you in an instant and through no fault of your own. But the knowledge you have earned is something that no one and nothing can ever take from you. Full Article Here Show Notes Impending Descent: A Russian Imperial Stout Deep Work: How to focus without distraction. Tax-Free Wealth: The book that started Andrew's rental property obsession! So Good They Can't Ignore You:Debunking the follow your passion myth. Learn more about your ad choices. Visit megaphone.fm/adchoices

The two most expensive things in life are taxes and interest, and we want to avoid both. One of the best ways to avoid taxes is by starting a business. We want to illustrate the massive tax advantages allowed to small businesses and how utilizing these advantages can be as beneficial if not more so as compared to traditional retirement accounts. Also, they can be used in conjunction with retirement accounts for an added big advantage. Today we will discuss LLC vs S Corp and the amazing tax benefits of having a business. Full Article Here Show Notes Disclaimer: We are not tax advisors, and you should consult with one before you start deducting things like crazy and stuff like that - both Thomas and Andrew do. Impending Descent: A bourbon barrel aged Imperial Stout. Gusto: A cloud-based payroll, benefits, and human resource management solution for businesses. Tool Box: All the best stuff to manage your money. Simple Wealth: Research and evaluate rental properties. Learn more about your ad choices. Visit megaphone.fm/adchoices

LMM loves listener questions. If you’re wondering, other people are too and doing a five questions episodes allows us to reach more of you. Today we have five awesome questions from you. Today we will answer your five awesome questions about individual stocks, student loans, the 4% rule, You Need a Budget, and investing 101. Full Article Here Show Notes Asahi Super Dry: A Japanese beer with a refreshing barely flavor. Tool Box: All the best stuff to manage your money. Thanks guys, we love reading your questions. You keep asking, and we'll keep answering! Learn more about your ad choices. Visit megaphone.fm/adchoices

What the f**k are stock options? Options are one of those personal finance concepts that can be intimidating if you aren’t familiar with it but when distilled down, is pretty straightforward. Our guest today, Kal Zurn, from Sharper Trades will break down what stock options are, how they work, what they are used for and why you should care. Full Article Here Show Notes Harviestoun Ola Dubh Special Reserve 21: An old ale style beer. Tool Box: All the best stuff to manage your money. Learn more about your ad choices. Visit megaphone.fm/adchoices

There is nothing more nerve-wracking than a job interview. All those questions and always the dreaded, “Where do you see yourself in five years?” Today we’ll have you navigate the minefield that is a job interview. As we have discussed in our future of work episode, the face of employment is changing. More than ever we need to be able to stand apart from the competition. One important way to do that is to improve your interview skills. Full Article Here Show Notes Export Stout Tool Box: All the best stuff to manage your money. Learn more about your ad choices. Visit megaphone.fm/adchoices

The national debt is big boogeyman during election years but how bad is it really and do you need to worry about it? We hear a lot about the national debt, but many of us don’t really know what it is or how it works. Today we will have an a political discussion on how the national debt actually works. There are all kinds of doomsday scenarios surrounding what would happen if the US were to default, but the likelihood of that is pretty low. It could happen but it almost certainly won't. So like Warren Buffett, you can sleep tight and now let the national debt keep you up at night. Full Article Here Show Notes Harviestown Ola Dubh: Ale aged in whiskey casks Understanding the National Debt and Budget Deficit: Youtube Tool Box: All the best stuff to manage your money. Learn more about your ad choices. Visit megaphone.fm/adchoices

Our healthcare system is the worst in the developed world, but you can’t opt out of it. Because it affects us all, we need to discuss the importance of understanding the US healthcare system. Our guest today is here to explain how consumers can take back some control of healthcare costs. David Vivero is co-founder and CEO at Amino a healthcare transparency company working to connect everyone to better, more affordable care. Full Article Here Show Notes Grimm Sour Ale: A double dry hopped ale. Tool Box: All the best stuff to manage your money. Learn more about your ad choices. Visit megaphone.fm/adchoices

When the robots steal our jobs, we will have to have money coming in from somewhere to house and feed ourselves? One way to do that is through universal basic income. Last week we spoke about the future of work when automation wipes out 47% of American jobs. That episode begs the questions, will universal basic income be part of our future? Will free money be the answer to our problem? Today we look at the pros and cons of universal basic income and see how free money will effect out future. Full Article Here Show Notes The Crisp: A German-style Pilsener. Tool Box: All the best stuff to manage your money. Learn more about your ad choices. Visit megaphone.fm/adchoices

Robots are going to take our jobs. Things are changing faster now than even during the industrial revolution. We have to start planning now because the future of work is changing rapidly. This episode is not meant to scare you. It’s meant to prepare you for the changing employment landscape. Breaking the looms is not a long-term solution. Full Article Here Show Notes Double Negative: An Imperial Stout by Grimm Back Flipping Robot: From Boston Dynamics Tool Box: All the best stuff to manage your money. The Rise of Robots: From Vox Automation and AI are Destroying Jobs, Not Work: From Quartz The Rise of Machines: From In a Nutshell Learn more about your ad choices. Visit megaphone.fm/adchoices

You can DIY a lot of your financial life, but sometimes you need some help. But you only want to choose the best people when it comes to your money. Today we’re discussing how to interview and hire a financial team. Shannon McLay from Financial Gym is our guest today. Financial Gym provides one on one personal training to help people achieve their financial goals. Full Article Here Show Notes Simple Wealth: Research and evaluate rental properties. Tool Box: All the best stuff to manage your money. Financial Gym: Get financial personal training Learn more about your ad choices. Visit megaphone.fm/adchoices

Data breaches have been in the news recently, and the headlines are scary. Today Farnoosh Torabi joins us to discuss protecting yourself from credit card fraud and identity theft. Farnoosh Torabi of the So Money podcast is the Chase Slate Financial Ambassador. She can give us the insider’s scoop on how to protect our data and our credit scores from fraudsters and even ourselves. Full Article Here Show Notes Grimm Artisanal Ales: A dry hopped sour ale. Tool Box: All the best stuff to manage your money. Simple Wealth: Research and evaluate rental properties. Learn more about your ad choices. Visit megaphone.fm/adchoices

Most of us spend too much on food. You can still eat well or maybe better than you currently are, and spend less money. Looking for a way to make cheap meals that hit the spot? The shopping trolley is one of the easiest places to cut spending. Here is our ultimate guide to saving money on groceries and making good food on a tight budget. Full Article Here Show Notes The Science of Cooking Cooked on Netflix Kitchen Confidential Learn more about your ad choices. Visit megaphone.fm/adchoices

There are a lot of personal finance terms thrown around that many of us don’t understand so when we hear them, we just nod and smile. But LMM is all about education, so we’re going to devote this episode to understanding economic bubbles. Bubbles are nothing new. The first bubble may have happened nearly 400 years ago. Our episode a few weeks back on cryptocurrencies got us thinking about economic bubbles. It’s an interesting subject so we wanted to delve further into bubbles. Full Article Here Show Notes Super Going: A dry-hopped ale with orange zest. Woodchuck Cider: An amber cider. Tool Box: All the best stuff to manage your money. Simple Wealth: Research and evaluate rental properties. Learn more about your ad choices. Visit megaphone.fm/adchoices

We spent years accumulating money for retirement, but when we finally get there, it’s all about decumulation, counting down your money. Learn how to retire and what to do with your time and money. We talk a lot about early retirement, but today we’re talking to someone who’s living it. J. David Stein retired at 46 and had since launched his successful podcast, Money for the Rest of Us. Full Article Here Show Notes Money for the Rest of Us: People like us, invest like this. Simple Wealth: Research and evaluate rental properties. Learn more about your ad choices. Visit megaphone.fm/adchoices

Rental property is LMM’s favorite form of passive income. But if you want to maximize your real estate investments, you’ll have to get a little less passive. We’ve covered many of the basics about rental property, and now we’re going to go deeper. We will explain the BRRR strategy and how cash out deals work. Full Article Here Show Notes My Name is Citrus Maximus:An IPA with a hint of grapefruit. Roofstock: Turn key rental property. Simple Wealth: Research and evaluate rental properties. Learn more about your ad choices. Visit megaphone.fm/adchoices

Today we’re joined by Wes Chapman, founder of A Human Project. Wes shares his story and tells us how getting rid of the victim mentality can bring us greater success. Wes is the founder of A Human Project, an organization that incubates creative, scalable solutions to systemic problems and gathers together the greatest minds to solve global issues in education, health, and society. Full Article Here Show Notes Cappuccino Stout:A heady mix of beer and caffeine. Sour Monkey Victory Brewing: An American wild ale. Wes Chapman: Wes's site. Building a World of Worth: Wes's TedX talk. Tool Box: All the best stuff to manage your money. Simple Wealth: Research and evaluate rental properties. Learn more about your ad choices. Visit megaphone.fm/adchoices

We get a lot of great questions from listeners and readers. And if one of you asks a question, dozens of other people have the same question. In order to reach you all, we like to do five questions episodes. So here they are, five awesome questions from you! Is there such a thing as being too frugal, Betterment or Vanguard, how can you save money in college, what should you do with an IRA, where should your emergency fund live? We’re going to find out. Full Article Here Show Notes Tool Box: All the best stuff to manage your money. Simple Wealth: Research and evaluate rental properties. Learn more about your ad choices. Visit megaphone.fm/adchoices

Small talk only gets you so far. If you want to improve your career, your relationships, and your life, you have to move past small talk to something deeper. Today we interview two experts on the art of meaningful conversation. Mollie Kinsman Khine and Taylor Buonocore are the inventors of Convers(ate), a game designed to spark conversation. Full Article Here Show Notes Truck Stop: A honey brown ale. Conversate Kickstarter: The campaign is live until November 10, 2017. Convers(ate)'s Website: Check out the details of the game.Tool Box: All the best stuff to manage your money. Simple Wealth: Research and evaluate rental properties. Learn more about your ad choices. Visit megaphone.fm/adchoices

Money has been around for thousands of years and now there is a new form of money on the scene. A cryptocurrency is a form of digital money. It uses cryptography to create secure, digital transactions that are in theory, anonymous. That’s why it’s the preferred medium of payment when buying illegal things like drugs on the dark web. BitCoin was the first cryptocurrency, created in 2009 and is the most well-known. But, what even is cryptocurrency? This episode is the newbie’s guide to the cryptocurrency market. Full Article Here Show Notes Tool Box: All the best stuff to manage your money. Simple Wealth: Research and evaluate rental properties. Learn more about your ad choices. Visit megaphone.fm/adchoices

Allison Karrels has been investing in rental properties for several years. She currently owns nine properties so she has a lot of experience. With all the things That could go wrong with rental properties, Allison has only had two major repairs over the years, neither of which were surprises which is pretty amazing. She does a lot of research on exactly what she wants. It wasn't always that way. Today she shares her lessons learned investing in rental properties. Full Article Here Show Notes Ghost Pepper: An imperial stout. Tool Box: All the best stuff to manage your money. Simple Wealth: Research and evaluate rental properties. Learn more about your ad choices. Visit megaphone.fm/adchoices

What the f**k are commodities? Stocks and commodities are both traded but that's where the similarities end. Carley Garner, author of Higher Probability Commodity Trading, joins us today to teach us all about commodites; what are they and why are they important. Full Article Here Show Notes Hop Rod Rye: An American IPA. Decarley Trading: Carley's brokerage firm. Simple Wealth: Research and evaluate rental properties. Tool Box: All the best stuff to manage your money. Learn more about your ad choices. Visit megaphone.fm/adchoices

For many Americans, their 401k’s are their primary or maybe only, retirement account so we need to get the most value we can from them. We’re joined by a previous guest. Chris Costello joins us to talk about how to retire happy when you optimize your 401K account with Blooom. Blooom helps people manage their 401k’s. Once upon a time, only people with serious money had access to financial advice but technology has made investing and financial services more democratic and available to a much larger pool of people. Full Article Here Show Notes Voodoo Ranger Atomic Pumpkin:A seasonal beer packed with pumpkin, Saigon Cinnamon, and Habanero peppers. Blooom: See how healthy your 401k is today. Linkedin: Get in touch with Chris Learn more about your ad choices. Visit megaphone.fm/adchoices

We have covered the problem of student debt many times and we are always trying to find alternative ways to get a good education without being saddled with debt. Today we will show you a way not only to get a great education that will put you on the path to a great career without incurring debt but also takes a fraction of the time that getting a traditional college education takes. We’re very excited to have found this guest and bring him to you. Today we’re joined by the founder of MissionU, Adam Braun, to discuss the debt free, one-year college alternative. Full Article Here Show Notes [email protected]: Adam's e-mail if you have questions about MissionU. Tool Box: All the best stuff to manage your money. Instagram: Follow MissionU Learn more about your ad choices. Visit megaphone.fm/adchoices

There are a lot of questions in personal finance but maybe the biggest is invest or pay off debt? That is the question we get at LMM most often. There is a lot of emotions involved when it comes to making financial decisions but this framework largely removes emotion. This is straight up what you should do to optimize your finances. So, what should you do first, invest or pay off debt? Today Andrew has done the math. Full Article Here Show Notes Even More Jesus Evil Twin Brewing: An Imperial Stout. Sour Monkey: A sour ale from Victory Brewing Company. Simple Wealth: Research and evaluate rental properties. Tool Box: All the best stuff to manage your money. Student Loan Debt Mortgage Debt Pay Off vs Hold Excel Spreadsheet (found in the bowels of the internet) Learn more about your ad choices. Visit megaphone.fm/adchoices

Rental property investing is one of the best ways to earn passive income but you need to understand the potential for failure. There are a lot of rules when it comes to real estate but there are ten that should never be broken. These are 10 real estate investor commandments. Full Article Here Show Notes Even More Jesus: An Imperial Stout from Evil Twin Brewing. Simple Wealth: Research and evaluate rental properties. Tool Box: All the best stuff to manage your money. Learn more about your ad choices. Visit megaphone.fm/adchoices

Some of our this financial life guests were just getting their financial footing and we got to learn along with them. Broc is doing pretty much everything right so his this financial life gives us the chance to learn from him. He and his wife even managed to pay off their mortgage in just five short years! Full Article Here Show Notes Simple Wealth: Research and evaluate rental properties. Tool Box: All the best stuff to manage your money. Learn more about your ad choices. Visit megaphone.fm/adchoices

As we continue our back to basics series, we’re going to talk about debt. We interview the founder of the blog, Dear Debt, We Need to Break Up. Melanie Lockert of Dear Debt who paid off $81,000 in student loan debt joins us to discuss all things debt related. It's so much harder to build wealth and achieve financial independence when you are dragging around debt. If you have high-interest debt, start making a plan today to get it paid off as quickly as you can so you can stop paying debt and start growing your money. Full Article Here Show Notes Dogfish Head SeaQuench Ale: A sour brewed with lime, black limes, and sea salt. Dear Debt: Melanie's blog. Dear Debt: A Story About Breaking Up With Debt: Melanie's new book. Tool Box: All the best stuff to manage your money. Simple Wealth: Research and evaluate rental properties. Learn more about your ad choices. Visit megaphone.fm/adchoices

We haven’t done a five questions episode for awhile. Here are five awesome questions from you about mortgages, credit cards, and retirement. Your questions about mortgage rates, side hustles, rental properties, and analyzing individual stocks. Full Article Here Show Notes Ashes to Mashes, Nuts to Butts: An American amber/Red ale style beer. Simple Wealth: Make your life easier as a real estate investor. Tool Box: All the best stuff to manage your money. Learn more about your ad choices. Visit megaphone.fm/adchoices

The most important thing in real estate is location, location, location. Today we discuss the key factors to finding the perfect rental property neighborhood. Zach Evanish from Roofstock joins us to discuss what factors to consider when choosing a rental property neighborhood. Full Article Here Show Notes Bend the Knee:A Belgian-style golden ale. Roofstock's Neighborhood Ratings: The five criteria used to measure investment risk against potential return. Tool Box: All the best stuff to manage your money. Simple Wealth: Research and evaluate rental properties. Learn more about your ad choices. Visit megaphone.fm/adchoices

None of us deserve to be undervalued so we will tell you how to know your worth with Adrian Granzella Larssen. Do you think you are being paid what you’re worth? How do you know what your position is worth? Adrian Granzella Larssen from the Muse is here to discuss getting what you’re worth. Show Notes Sanguinem Aurantiaco: A blood orange beer from Evil Twin Brewing. Sam Adams Summer Ale: An American pale ale. The Ultimate Job Search Course: The Udemy course from The Muse. Simple Wealth: Research and evaluate rental properties. Tool Box: All the best stuff we use to manage our money. Learn more about your ad choices. Visit megaphone.fm/adchoices

Much has changed for the average American family from a financial standpoint in the last few decades. Much of the advice we receive is outdated in today’s climate. A study is based on 235 families from all across the United States. For one year they gave the authors access to every detail of their financial lives. The families were not among the poorest nor were they among the richest. A quarter was below the poverty line, half were at or making two times the poverty line, and a quarter were above the prior group.Today we discuss The U.S. Financial Diaries with Jonathan Morduch. Full Article Here Show Notes The Yin Evil Twins Brewing: The black of the black and tan. The U.S. Financial Diaries: More information about the study, the people involved, and the book. Simple Wealth: Research and evaluate rental properties. Learn more about your ad choices. Visit megaphone.fm/adchoices

Many people are afraid to get started investing. Some are scared to lose money, feel they don't have enough money or it can be due to lack of personal finance knowledge. Investing is not hard and anyone can do it. You can start investing with any amount money and the earlier you start, the better. We'll explain the fundamental concepts, lingo, types of investments and the basics of how to start investing. You got this! Full Article Here Show Notes An Mas Chili Jesus: 12% ABV, what else do you need to know? Krane Financial Solutions: Justin's fee only investing firm. JKrane.com:Justin teaches business owners how to be smart with their money so they can fund personal goals. Simple Wealth: Research and evaluate rental properties. Learn more about your ad choices. Visit megaphone.fm/adchoices

When buying investment properties, most people focus on the cash flow. However, there are greater benefits that are sometimes overlooked – rental property depreciation and tax benefits. It can get complicated but we want to lay it all out for you. Full Article Here Show Notes Great Lakes Turntable Pils: Earthy with the aroma of fresh hops. Craig Cody and Company: Craig's CPA company. Secrets of a Tax Free Life: Get a free copy of Craig's book Simple Wealth: Research and evaluate rental properties. Learn more about your ad choices. Visit megaphone.fm/adchoices

There are certain things that we should splurge on. When we spend more money on things like good food, a good mattress and bedding, and good medical care, we improve all the other aspects of our lives. You can’t function properly if you don’t eat and sleep well. Spending money to see a functional medicine doctor rather than a pill pushing doctor can preserve your quality of life for decades. When the inputs are quality, the outputs will be quality. Full Article Here Show Notes Simple Wealth:Research and evaluate rental properties. Farnoosh: You can find Farnoosh's books and podcast. Learn more about your ad choices. Visit megaphone.fm/adchoices

We love the word fuck, so that's what turned our heads when we saw this book. But the key word is subtle. We have to care about some things but we need to be more conscious of who we value and what we care about. We only have so much time and energy. But it's not always obvious what we should give a fuck about. You have to figure out who and what matters. We all get to choose what we give a fuck about, and we choose every day whether we realize it our not. You have a finite supply of fucks to give. Don't waste them. Full Article Here Show Notes Evil Twin Yang: An Imperial IPA. Mark Manson: Author, thinker, life enthusiast. The Subtle Art of Not Giving a Fuck: Get Mark's book. Tool Box: All the best stuff we use to manage our money. LMM Pro: Research and evaluate rental properties. Learn more about your ad choices. Visit megaphone.fm/adchoices

Owning rental property doesn’t have to mean being a hands-on landlord. What you need to know when choosing the best rental property management company. If you’ve been an LMM listener for awhile, you know that rental property is one of the best sources of passive income. If you don’t want to get calls about leaky roofs in the middle of the night, we’ll teach you what you need to know when choosing the best rental property management company. Full Article Here Show Notes Roofstock: The company has a special offer for LMM listeners. Roofstock’s Marketplace fee will be waived for your first purchase from the moment the episode goes live (June 26th) through the last day of July. That saves you an average of more than $500 Tool Box: All the best stuff we use to manage our money. LMM Pro: Research and evaluate rental properties. Learn more about your ad choices. Visit megaphone.fm/adchoices

Ever dreamed of living in a van down by the river? Our guests actually do. They’ll tell us how to live in a van and do what you love. You hear about people who decide one day just to give up the 9-5 life most of us live to do something different, and today we speak to a couple who did just that. Full Article Here Show Notes Ommegang Abbey Ale: A rich, fruity brew. Syd and Macky's Website:Follow along on the adventure and find their new Youtube channel. Instagram: Syd and Macky's IG for the hardcore bike fans. Learn more about your ad choices. Visit megaphone.fm/adchoices

We all have preconceived notions around money, many of them unconscious. If we can tease those notions to the forefront, we can conquer them and the behaviors they cause that hold us back financially. Break old money habits and change your mindset around money. Today we rewrite your money story with Belinda Rosenblum. Full Article Here Show Notes Ommegang Abbey Ale: A rich, fruity Burgundian brew. Dogfish Head SeaQuench: A sour made with lime and black lime. Belinda’s Personal Finance Workshop:Start to shift your money destiny and rewrite your money story. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Oracle of Omaha is a font of wisdom. He is perhaps the most successful investor in history. So he knows a lot of lessons we can all benefit from. Here are 22 life-changing lessons from Warren Buffett. Whether you want some words of wisdom on investing or how not to be a better person, there are Warren Buffett quotes to guide you. Learn more about your ad choices. Visit megaphone.fm/adchoices

Sometimes we get awesome questions from our listeners and we like to do an episode around them. Today we have five awesome questions from you about 401k loans, side hustles, student loan interest rates, buying a home and early retirement. Full Article Here Learn more about your ad choices. Visit megaphone.fm/adchoices

The future is creeping up on all of us. If you’ve been avoiding thinking about it, it’s time to get serious about retirement and your goals. Some of us put off worrying about money for a long time. When you’re in your twenties and thirties, retirement seems so far away that it’s not worth thinking about. But the clock is ticking and you are wasting the most powerful thing in personal finance, the power of compounding interest. The longer your money is invested, the more it grows. There is no substitute for the power of time. This is the time to pay iff your debt, grow your income, start investing. and grow that net worth. Whether you think about the future or not, it’s happening. Well, there is no time machine to take us back and invest our money earlier but if the best time to start investing was when you were 18, the second best time is now. We know, adulting is hard. Full Article Here Show Notes Cascade Kriek Ale:A sour ale from Cascade Brewing Ace Pineapple: The world's first pineapple cider. LMM Pro: Research and evaluate rental properties. Learn more about your ad choices. Visit megaphone.fm/adchoices

All of us have spending leaks, money we spend that we shouldn’t. We’re getting back to basics. While you were all busy investing in real estate and monitoring your portfolios, you’ve been steadily wasting money. We’re all guilty of it, but from time to time we need to go back to personal finance 101 and take a hard look at how much we are spending day to day. Stop wasting money already! And remember what gets measured gets managed. Full Article Here Show Notes Cascade Kriek Ale:A sour ale from Cascade Brewing. LMM Pro:Research, evaluate, and track rental property. Toolbox:All the best stuff we use to manage our money. Community: Join the conversation. Learn more about your ad choices. Visit megaphone.fm/adchoices

Money is almost as taboo a subject as sex and arguably, just as important in a relationship. But too few people bring it up. Today we are getting financially naked with the Broke Millennial. How to talk about money, with yourself, your partner, your friends, and your parents. Full Article Here Show Notes Elliott Ness Lager: An amber lager from Great Lakes Brewing Company. Broke Millennial:Get your financial life together. Broke Millennial: Stop Scraping By and Get Your Financial Life Together: Erin's new book. Learn more about your ad choices. Visit megaphone.fm/adchoices

No matter what your financial goals are, sometimes reaching them can feel like a slog. Do you need some money motivation? We got you. We are going to motivate you to take action, to stop making excuses and to finally do what you already know you need to do. At the end of this month, you’ll be motivated to take on the world. Because when you change your money habits, you will change your life. Full Article Here Show Notes Toolbox:All the best stuff we use to manage our money. Community: Join the conversation. LMM Pro:Research, evaluate, and track rental property. Learn more about your ad choices. Visit megaphone.fm/adchoices

Good personal finance habits start young. Our children don’t get much personal finance education in school so it’s up to parents to provide that education. There are things we can do throughout their childhood to turn our kid into a money master. Today we take to Eva Baker from Teens Got Cents. She started Teens Got Cents as a home school project when she began to get interested in personal finance. She started doing some research but found that most information was geared toward adults and there wasn't much to help kids. Eva saw a gap and decided to fill it and that's how her site started when she was just 16. Eva blogs about how teens can shop smart, get a great part time job, go to college debt free, save money, and start their own business. In 2015 she founded The Teenpreneur Conference. This annual conference brings together teen business owners as well as teens who want to start their own business in a community that truly is by teens, for teens. Full Article Here Show Notes Vanilla Porter Breckenridge Brewery: A porter brewed with real vanilla. LMM Tools: All the best stuff we use to manage our money. LMM Pro:Research, evaluate, and track rental properties. Learn more about your ad choices. Visit megaphone.fm/adchoices

Do you hate making a decision? Sometimes the fear of making a decision means we miss out on a good opportunity. We make dozens of decisions every day. Some of them are minor like what to wear to work, and some are major like deciding between buying a rental property or a house to live in. When you learn to master the decision-making process you can improve every aspect of your life, your job, your health, your relationships and not least of all, your finances. Today we will get you off the fence and show you how to master the decision making process with Matt Bodnar. Full Article Here Show Notes Riverhorse Tripel Horse: A Belgian style ale brewed with spices. The Science of Success: Get the guide to making better decisions. The Science of Success Podcast: Unleash your human potential. Mindset: The book that changed Matt's life by Carol Dweck. Seeking Wisdom:Peter Bevelin Poor Charlie's Almanack: Peter D. Kaufman and Ed Wexler Predictably Irrational: Dan Ariely Influence: Robert Cialdini Thinking Fast and Slow: Daniel Kahneman Learn more about your ad choices. Visit megaphone.fm/adchoices

We love robo-advisors, and lots of other investors do too. But admittedly, robo-advisors are missing that personal touch some investors prefer. We found the best of both worlds in Wealthsimple. This is our Wealthsimple review along with a chat with CEO Michael Katchen. Full Article Here Show Notes Personal Finance for Engineers - Adam's presentation on Personal Finance. Not only for engineers but certainly focuses on their blind spots. Signup for Wealthfront - Get your first $15,000 invested for free! Special for LMM fans, the ultimate try before you buy. Learn more about your ad choices. Visit megaphone.fm/adchoices

Lots of us dream about turning our passion into a money-making business, and it can be done! In our on-going series about starting an online business, we discuss monetizing your passion and building your business. Remember, our goal is to earn at least $1,000 a month by month 12 of your business and to see a clear trend towards growth. If you quit your job to work on this business full time, that’s not a lot. If you still have your full-time job, bringing in an extra $12,000 a year is pretty great. Full Article Here Show Notes Icelandic Toasted Porter: An American Porter Style Beer. LMM Tool Box:All the best stuff we use to manage our money. LMM Pro: Research, evaluate, and track rental properties. Learn more about your ad choices. Visit megaphone.fm/adchoices

A business plan can be a scary term conjuring images of thirty-page documents. But it doesn't have to be that involved. It's just writing down what you have to get done and a simple one page business plan is a great place to start.A simple one page business plan is nothing more than a map for your business that gives an outline of your goals and the steps you will take to achieve those goals. It’s not that different from having a plan to accomplish any goal. We'll discuss creating a simple one-page business plan. Full Article Here Show Notes LMM Tool Box: All the things we use to manage money. Learn more about your ad choices. Visit megaphone.fm/adchoices