Co-founder and CEO of Blooom, Chris Costello, on the show today to talk about your 401(k).

Chris spent his entire life in the financial advising world and now he’s blowing the whistle on the crap that he says has been going on for way too long.

He’s talking about the outrageous fees, the terms no one understands (or is supposed to understand), and the ridiculous amount of greed the folks from Wall Street posses when handling your retirement funds.

In 2013, he founded Blooom which he coins as the new way to 401(k).

Chris is extremely passionate about investing and saving for your future and he doesn’t disappoint. We may have had to “BLEEEP” him out a few times during the show, but I completely get it - he’s seen these maniacs ripping people off for way too long and it’s time for a change.

On the show we discuss:

• The terminology “they” don’t want you to understand
• We break down dollar-cost averaging
• We discuss the one thing you MUST be doing that results in thousands (and thousands) of dollars more in YOUR retirement
• Moving the needle financially for the middle-class, not the 1%
• How Blooom connects to your 401(k), 403(b), 457, 401(a), or your TSP
• Fees, fees, and more fees - how much are you really paying?
• The Blooom model - $10/month flat fee. Period.


The link Chris mentions in the show is for the first month FREE is: www.blooom.com/moneypeach 

All the show notes, links, and anything Chris and I mentioned can be found at www.moneypeach.com/session71

Kim and Cressel Anderson have an incredible story.

Like many of us, they were just going through the motions and asking themselves if there was more to life than driving hours each way to their corporate America job, only to wake up and do it all over again every single day.

That’s when they decided to make a change and do something absolutely crazy….make it their mission to go completely debt free inside their 20s!

I asked both of them:

• How do you pay off a mortgage inside your 20s?
• What is life like when you don’t have ANY debt at all?
• Now that they have both left their corporate America jobs, what are they doing now for income?
• What is the one piece of advice they would give to someone thinking about paying down their mortgage as fast as possible?


All the show notes, links, and anything Kim, Cressel, and I mentioned can be found at https://www.moneypeach.com/session70

I asked Liran Amrany, the CEO of the NYC-based company Debitize to come on the show to share how he as officially solved the problem of grabbing all the credit card rewards without worrying about carrying a credit card balance.

Debitize is now the company turning your credit card into a debit card for FREE. He will explain exactly how it all works, the security behind it, and the benefits of automating the process, but I wanted to much more than just the product he created.

During the interview, I asked Liran:

• How he got started
• What were some of the biggest challenges getting Debitize off the ground (there were many)
• Why hasn’t anyone developed this before
• 
Why he finally left the banking industry
• Why he believes everyone should have a credit card (I actually disagree with him)
• How to optimize your credit score using Debitize

BONUS: What is he willing to give Money Peach listeners (hint: $10 for FREE)


All the show notes, links, and anything Liran and I mentioned can be found at https://www.moneypeach.com/session69 

Phillip Taylor, AKA PT Money, and I sit down at FINCON 2017 from Dallas, TX. Fincon is the conference PT actually started in 2011 as a way for people inside the world of financial blogging to come together and create a community that had never been created until then.

Fast forward just a few years later, and FINCON started to take on it’s own identity. Lifelong friendships have formed, small blogs have turned into multi-million dollar media empires, and the people who attend now label themselves FINCONNERS.

Which is why the conference continues to grow each year, with over 1,700 people flying into Dallas to be part of what FINCON 2017.

Inside the episode we break down:

• How PT started his first conference and how he found people to attend
• How he has been able to grow a tribe of “FinConners”
• What were some of the biggest challenges getting started
• How he has had to pivot the initial conference idea to what it is today
• Why FINCON doesn’t feel like a conference, but rather a vacation
  

All the show notes, links, and anything PT and I mentioned can be found at https://www.moneypeach.com/session68

Saving for kids college can seem impossible when you’re living paycheck-to-paycheck, trying to pay off debt, thinking about planning for retirement, and wondering how you’re going to make it until next payday.

Abby Chao saw these pain points we all face and decided to do something about it. She is the co-founder of CollegeBacker.com, a very unique platform helping you save for your kids college without having to save every dollar on your own.

Inside the episode we break down:

• The 529 Plan (the best way to save for kids college)
  
• Tax deductions you must be taking with college savings
  
• Who can save for kids college and get the tax savings
  
• How you can you get started with as little as $1
  
• Who can help you fund your children’s college savings
  
• How the money can be used once college is here
  

All the show notes, links, and anything Abby and I mentioned can be found at https://www.moneypeach.com/session67