EP173: What is a Health Savings Account?
Money Peach
What is a Health Savings Account (HSA) and is it a good money move for you? With open enrollment right around the corner, I am going to break down everything Health Savings Account today. Here's what you will hear on the show today: How does an Health Savings Account Work? Who is eligible and who is not? How much can I contribute to an HSA? What are the tax benefits? Employed versus Self-Employed? Best places to open HSA? And most importantly - How do I determine if an HSA is a good plan for me? ** Mentioned in this episode ** Are you currently living on a plan for your life and...
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EP172: Help! I Have IRS Problems - What Are My Rights?
Money Peach
Do you have IRS problems or maybe worried that your tax situation may not be as good as you thought? Or, are you a victim of identity theft and the IRS is telling you owe money you really don't owe? First off — you're not alone. Whether you owe the IRS or you are trying to prove you don't owe the IRS, what are your options? What can you do right now? What should you be doing right now? And what are your rights when it comes to managing a situation with the IRS? I will be asking our IRS expert Ben Golden all of this and more when it comes to dealing with the IRS. Mentioned in the Episode:...
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EP171: Should I Lease a Car or Get an Auto Loan?
Money Peach
When it comes time to drive off a new car, you have three basic options: You can pay cash You can get an auto loan You can drive off with a lease But with the average price of a new car at almost $41,000, most drivers today are driving off the lot with either an auto loan or a lease. ❓ But which is better - an car lease or an auto loan? What are the costs that go with each? And how do you know if you're making the best financial decision when it comes to driving your next car? Is there something we are missing when comparing the two? Today on the show, I will compare the auto loan...
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EP170: How Does a Cash-Out Refi Work and is it Right for Me?
Money Peach
On the show today I am breaking down the Cash-Out Refinance strategy. Many people are noticing a high uptick in the value of their homes, and with this uptick in value comes an increase in home equity. So what can you do with the equity in your home, how does it work, and what are the risks? In this episode I am going to break down: How to calculate your home's equity How much of the equity you can actually tap into The process of of a cash-out refinance Reasons for going with a cash-out refi The risks the banks forge to tell you about ** Thanks so much for listening to the show and...
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EP169: What is "Infinite Banking" and is it a Scam?
Money Peach
On the show today is America's #1 Money Mentor, Chris Naugle. I'll be honest — I brought Chris to have a conversation on a topic we don't agree on...infinite banking. If you haven't heard of infinite banking before, you're perfectly normal. It's not a very popular term in the financial world and most financial gurus like Dave Ramsey and Suze Orman are completely against it. But, what I've learned over the years in this world of personal finance is not every guru is always right. Therefore, I decided to say "yes" to my guest today so I can ask him the hard questions about... how...
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EP168: Building Wealth through Multifamily Real Estate Investing with Gino Barbaro
Money Peach
There are so many strategies to building wealth and we try to explore all of them on this show. Today I am interviewing an expert in multifamily real estate investing - Gino Barbaro. Gino, and his partner Jake, are both experts in multifamily real estate investing and have achieved. They are NOT from the financial world...meaning they didn't get a PhD in finance and then build their wealth. Nope, Gino was a pizza restaurant owner and Jake was a pharmaceutical rep...which just shows us that everyday people like you and I are learning AND actually building wealth. Jake and Gino also have an...
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EP167: How to Create Digital Cash Envelopes with Ryan Clark
Money Peach
Have you ever tried using cash envelopes but realized it wasn't a lot of fun? You know...carrying around envelopes full of cash at the grocery store or pulling out that sexy envelope container at dinner with friends? Well, what if there was a way to use cash envelopes 100% electronically AND still having the same results of curbing the overspending? Today on the show, I am bringing on founder of Qube Money, Ryan Clark, to explain how Qube allows you to use digital envelopes to help you manage your money. ***IT'S REALLY REALLY COOL!** Qube Money Learn more...
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EP166: How to Open a Brokerage Account
Money Peach
On the show today, I am going to explain what a brokerage account is and how to open one. There are three different ways to start investing in the stock market: Through a Financial Planner or Financial Advisor A Self-Directed Brokerage Account A Robo-Advisor Since it's pretty self-explanatory on how to get set up with a financial advisor, the purpose of this episode is to show you how to open up a self-directed brokerage account and/or how to get started with a robo-advisor. By the end of this episode, you will have a better understanding of how each works, which will help you make your...
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EP165: Passive Income via Hard Money Lending
Money Peach
Did you know you can generate passive income and/or diversify your retirement portfolio through Hard Money Lending? A hard money loan is an interest-only short-term loan primarily used in real estate with the loan being secured by property. In a nutshell, you become the "bank" and you lend money to borrowers and receive monthly interest payments just like a bank would receive monthly monthly payments from a mortgage borrower. The only difference is you (the bank) can charge much higher interest between 10% and 18%, whereas the bank's current rates are right around 3.5%....
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EP164: What is the BEST Mortgage For Me Right Now?
Money Peach
On the show today, I am going to break down 5 different mortgage loans you should know about: Conventional Loan Jumbo Loan FHA Loan VA Loan USDA Loan By the end of the show, you will have an understanding for each of these different mortgages work and which one is best for you. Enjoy the show! Mentioned in this episode ** Thanks so much for listening to the show and if you feel the content of this podcast was helpful, please subscribe and leave a review! ** Today's show was brought to you by — my very own credit union I have been proud a member of since 2011. If...
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Thanks so much for listening to the show and if you feel the content of this podcast was helpful, please subscribe and leave a review!
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Today's show was brought to you by OneAZ Credit Union — my very own credit union I have been proud a member of since 2011.
If you live in Arizona and are looking for a large credit union with a local, customer-focused feel for your personal or business banking needs, look no further than OneAZ Credit Union.
All the show notes, links and anything I mentioned can be found at https://www.moneypeach.com/session159