In this week's episode of the Money Peach Podcast, you and I are going to look deep into the opportunity cost.
Popular culture and society tells us that procrastination is okay and we accept it. We will lose weight later, we will exercise more later, we will pencil in a date night later, and we will pay attention to our money later.
Here's the problem: money is less forgiving.
During this episode, I am going to shock you when you see how making tiny adjustments in our daily lives with money will have enormous results on your life, money, and your future.
The term a little goes a long way is not cliche today; it's reality.
http://www.moneypeach.com/session12
Where did you learn how to manage money? The old saying: "More is caught than taught" is how most of us learn about money.
We unknowingly picked up many of the bad money habits our parents struggled through when we were younger, and surprise, surprise; now we are making the same mistakes they once were (or still are).
This doesn't have to be the case for the next generation - our kids. What can you be showing your 4 year old AND your 16 year old about money?
In this week's episode, I am going to walk you step by step with the best possible ways to teach your kids about money at every single age.
It's never too late to start, but the sooner the better!
You don't want boomerang kids (the ones that move back in when they're 30) and you may need a little help from some financially stable adults in 20-30 years!
http://moneypeach.com/session11
Housing is the BIGGEST expense most of us will ever have to deal with, and yet it's kind of a big mystery. Why do we choose a 30 year mortgage and what are the better options? If I go to a 15-year mortgage, what happens to my payment? What happens if I can add just a little bit each month to my mortgage and what does that look like over time?
The reason why we ask these questions is simple: we were never taught how. Instead we sign our lives away without a clue of what is really going on and what other options are available. If that's not enough, we are then thrown into the bank's wonderful plan of making payments and interest for the majority of our lives and wondering why we can't seem to get ahead.
No thanks.
In this week's episode of Money Peach TV, we are going to break down the 30 year mortgage vs the 15 year mortgage, and some other jaw-dropping facts about what you can and should be doing to becoming ultra fit by paying off your mortgage early!
http://moneypeach.com/session10
Can you really retire a millionaire? In this week's episode, I am going to share with you how even someone with just an average income can retire wealthy.
You don't need a PhD in finance to accomplish this either. You just simply need to START, and you need as much time on your side as possible.
Beyond simply the wealth building, I am going to share with you how much you can invest, where to invest, and in what order I recommend investing for retirement.
When you start to understand exactly what is possible when you simply start investing 15% of YOUR income over your working career, you will see why it's so important to get started now. You can always earn more money, but not more time.
http://moneypeach.com/session9
The greatest separator of wealth in today’s society is the car payment.
In this week’s episode, I am going to show you how much your car is really costing you.
It’s much more than just your car payment, and it’s the same information the auto finance companies don’t want you to know about.
In addition, I am going to share with you the step-by-step method to getting out from your upside-down car and provide you with a cheat sheet to get you started.
Car Payments Suck: http://moneypeach.com/session8