Money Peach
The Money Peach Podcast is a weekly show hosted by Chris Peach, the founder of the award-winning blog and personal finance website - Money Peach. What you can expect from this show: Chris Peach is an advocate for everyday people who want to know how to manage the everyday money. He believes the financial world is broken and it’s meant to be confusing - the less you know the more they (the financial world) makes. How it all started: Chris Peach was once struggling financially himself. In 2011 he was living paycheck to paycheck, facing $52,000 in consumer debt, and didn’t have a clue of what to do next. After learning the right way to manage the money and creating a plan, Chris paid of all of his debt and has never looked back. He's been showing people how to do the same ever since. Every Friday, Chris brings someone on the show to talk about money. From budgeting, to saving, to making more, and even some incredible stories to motivate your form real-life, everyday people who are winning with money. This is the show for the everyday, hard-working, people who want someone to show them what to do and how to do it...and in terms we can all understand! Welcome to the Money Peach Podcast!
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EP173: What is a Health Savings Account?
10/08/2021
EP173: What is a Health Savings Account?
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 money...AKA a budget? The #1 habit of the most highly successful people is they are proactive. They don't wait for life and money to happen to them, they happen to their life and money. If you haven't started yet, now is the best time to start living on a simple budget. It's time to be proactive. ** 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 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
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EP172: Help! I Have IRS Problems - What Are My Rights?
09/17/2021
EP172: Help! I Have IRS Problems - What Are My Rights?
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: 👉 ** 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 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
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EP171: Should I Lease a Car or Get an Auto Loan?
08/20/2021
EP171: Should I Lease a Car or Get an Auto Loan?
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 and car lease, so you can decide which is the best way to drive off the lot in a new car. But, to start off, the simplest way to separate an auto loan and a lease is by understanding that an auto lease allows you to DRIVE the new car, whereas an auto loan allows you to DRIVE and BUY the car. ❗ ❗ Of course there’s a lot more to it and to tell the whole story let’s jump right in. ** 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 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
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EP170: How Does a Cash-Out Refi Work and is it Right for Me?
07/30/2021
EP170: How Does a Cash-Out Refi Work and is it Right for Me?
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 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 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
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EP169: What is "Infinite Banking" and is it a Scam?
07/16/2021
EP169: What is "Infinite Banking" and is it a Scam?
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 infinite banking works why it is (or is not) a scheme the risks do you have to wealthy to utilize infite banking are there better alternatives Now, we will dive into infinite banking in depth, but here is the sceanrio/example he used inside the episode: 👉 You deposit $1,000 into a whole life cash value life insurance plan (yes, you read that correctly...and I was cringing when he said it). 👉 The life insurance plan pays out 4% guaranteed return plus non-guaranteed dividends. The dividends in this scenario were 2%. Therefore, your return is 6%. 👉 Then you immediately borrow from the life insurance plan $900, while your $1,000 remains inside the plan earning 6%. You borrow the $900 at 5%, earning a 1% spread. 👉 Next you take the $900 that you are paying 5% while earning 6% on your $1,000 and you use it to pay off high interest debt, to save, or to invest. In theory, this looks great on paper. But, I had a lot of questions and concerns with this strategy and kudos to Chris Naugle (my guest) for answering every question I throw at him. Mentioned in the Show Learn more about . Free Book: Follow Chris on all social channels @thechrisnaugle ** 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 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
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EP168: Building Wealth through Multifamily Real Estate Investing with Gino Barbaro
07/02/2021
EP168: Building Wealth through Multifamily Real Estate Investing with Gino Barbaro
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 entire website with multiple podcasts dedicated to showing you how to get started in real estate. Jake and Gino Learn more about . The Book: ** 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 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
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EP167: How to Create Digital Cash Envelopes with Ryan Clark
06/04/2021
EP167: How to Create Digital Cash Envelopes with Ryan Clark
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 about . ** 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 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
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EP166: How to Open a Brokerage Account
05/21/2021
EP166: How to Open a Brokerage Account
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 decision on which is best for your investment style! BONUS VIDEO: ** 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 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
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EP165: Passive Income via Hard Money Lending
05/07/2021
EP165: Passive Income via Hard Money Lending
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%. If you have a equity in your home, a pile of cash lying around, or you are looking to diversify your portfolio — hard money lending may be a great option for you. BONUS As a hard money lender myself, I will show you exactly how I am lending hard money each month. I will share with you some tricks I have learned along the way and share with you my exact numbers for you to see exactly how it works. Also, make sure to I use as far the paperwork required prior to lending. 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 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
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EP164: What is the BEST Mortgage For Me Right Now?
04/23/2021
EP164: What is the BEST Mortgage For Me Right Now?
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 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
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EP163: Financial Independence in Her 30s with Diania Merriam
04/02/2021
EP163: Financial Independence in Her 30s with Diania Merriam
Diania Merriam is on the show today to share her story of reaching financial independence in her 30s. After living in New York City in her 20s and racking up $30k in debt, Diania decided enough was enough and it was time to change her mindset about money. What would it be like to reach financial independence? After making the choice to turn away from her old financial habits, Diania shares how she reached financial independence in her 30s. She shares how she: Changed her belief about money and consumerism How she paid off $30k in 11 months How she saves 60% of her income! Taking a 2 month sabatical and to backpack 500 miles through Spain Starting her own conference for like-minded people Diania is also the founder of the , a conference in Cincinnati each year where like-minded people get together to share their new found beliefs around financial independence, financial freedom, and early retirement. BONUS: Use Promo Code "MONEYPEACH" to get a nice little discount on ticket prices to conference. Even if you have no desire to attend the conference (which I will be attending and I would love to see you there), you'll still want to listen to Dania's story and how she dispells the myths about reaching financial independence. 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 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
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EP162: How Does a HELOC Work and Is It Right for Me?
03/26/2021
EP162: How Does a HELOC Work and Is It Right for Me?
A home equity line of credit, or a HELOC, is a revolving line of credit that is guaranteed by the equity in your home. The line of credit is actually a second mortgage on your home giving you access to a revolving credit line you can borrow from as needed. Very similar to a credit card, a HELOC offers a line of credit at a much lower interest rate because your home is used as the collateral for the loan. The amount you can borrow is based on the equity in your home, which is equal to the value of the home minus the amount you owe on your primary mortgage. If your home is paid off, then the HELOC becomes the first position mortgage on your home. A HELOC can be used for things like home improvemetns, emergency funds, large down payments on second properties, investment opportunities, or even a way to pay down debt faster. In the episode, I will break down: How a HELOC works How the interest is calculated Draw period versus repayment period How to apply fora HELOC When a HELOC is not a good plan If you have ever wondered about opening a home equity line of credit, this is the perfect episode for you. 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 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
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EP161: The 50/30/20 Budget For Those Who Like Simple
03/12/2021
EP161: The 50/30/20 Budget For Those Who Like Simple
The 50/30/20 Budget may be the easiest budget you will find. It's simple, straight-forward and it only takes a few minutes to set up. If you are someone who is overwhelmed with the idea of creating a budget or you just don't like all the math involved with a monthly budget, the the 50/30/20 Budget is for you. 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 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 👉 (DON'T SKIP THIS!)
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EP160: The Most Important Part of Your Money You Aren't Doing Right
02/26/2021
EP160: The Most Important Part of Your Money You Aren't Doing Right
What is the absolute most important piece of everyone's financial plan? In today's show I am going break something EVERYONE must have in place, why it's so important and I'll even be giving you a sweet BONUS at the end of the show that you will NOT want to miss. Okay, so what is it Peach...what is the most important part of any financial plan? Whether you're 21-year-old single student, a married couple in your 30s, or soon-to-be empty nesters....what is THE most important piece of any solid financial plan for every age group or season of life? Is it getting on a budget and telling your money where to go before you actually spend it? Important...but not the MOST important. Is it getting rid of your debt and staying out of debt?? Also super important...but still not #1. Or is it setting aside money for building wealth and retirement? Wow, this is also important but still not the MOST important. So if it's not getting on a plan, saving money, paying off debt and building wealth...then which is it? This may surprise you, but here it is: Life Insurance I know - life insurance is one of the most unsexy things in the entire personal finance world. But let me share with you a story of why it is the most important part of your financial plan. 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 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 👉 (PLEASE DON'T SKIP THIS!)
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EP159: Should I Buy a New Car? (The REAL Costs Broken Down)
02/19/2021
EP159: Should I Buy a New Car? (The REAL Costs Broken Down)
Should I buy a new car or not? Well, I'll be completely honest with you - I LOVE the look of new cars BUT I haven't owned a new car in 15 years. Why? Well, I'm going to break down the new car purchase so you understand ALL that goes with it and I'm also going to show you a little trick so you NEVER have to take out a car payment again! ** 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 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
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EP158: How to Finally STOP Living Paycheck to Paycheck
02/12/2021
EP158: How to Finally STOP Living Paycheck to Paycheck
On the show today I am answering the question: How do I possibly save money when I'm living paycheck to paycheck, I have debt, and no matter how hard I try...I just can't save any freaking money!? I definitely have a thing or two to say about it AND at the end of the episode you will have plan a free tool to help you create your own solution to what seems to be a never-ending problem. ** 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 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 **
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EP157: How to Use Profit First in Your Biz or Side Hustle
02/05/2021
EP157: How to Use Profit First in Your Biz or Side Hustle
Do you have a small business, large business, or side hustle and you're just looking for a simple way to manage the finances in your biz without being completely overwhelmed and over it? I get it - A few years ago I was feeling the same way until I stumbled across a method called Profit First...and it completely changed my business (and my life). In today's episode I am going to share with you a method called Profit First which will simplify the way you manage money inside your business, side hustle anything you do to earn income outside of your W-2 job. I'm also going to give you a bonus to help you get started right away, but you need to first get the jist of Profit First from today's episode before you hit download at the end. Sound good? ** Mentioned in this episode ** Are you currently living on a plan for your life and money...AKA a budget? The #1 habit of the most highly successful people is they are proactive. They don't wait for life and money to happen to them, they happen to their life and money. If you haven't started yet, now is the best time to start living on a simple budget. It's time to be proactive. ** 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 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 **
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EP156: How I'm Picking Winning Stocks that Beat the Market
01/22/2021
EP156: How I'm Picking Winning Stocks that Beat the Market
On the show today we are going to go over creating your own investment strategy based on a few key principles. I am also going share with you my own investment strategy, my own journey of both ups and downs with investing, and something I have been doing lately that will blow your mind (well it's blowing my mind). And lastly, make sure to stick around until the very end of the show where I am going to give away something VERY nice. You will love it - I promise! Mentioned in this episode ** Are you currently living on a plan for your life and money...AKA a budget? The #1 habit of the most highly successful people is they are proactive. They don't wait for life and money to happen to them, they happen to their life and money. If you haven't started yet, now is the best time to start living on a simple budget. It's time to be proactive. ** 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 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
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EP155: The 4 BEST Retirement Investment Accounts in 2021
01/15/2021
EP155: The 4 BEST Retirement Investment Accounts in 2021
After a record year in the stock market in 2020, are you finally ready to invest into the market but don't know what retirement accounts are best for you? Hey friends, here's what you're going to get from the show today! We are going to a brief recap of two retirement accounts we mentioned last week: the Traditional IRA and the ROTH IRA. Then we are going to dive into two other retirement accounts that allow you to save A LOT more than the ROTH or Traditional IRA. The Solo 401(k) and the SEP IRA. We will break down each one, explain how they work, who they are for, and at the end I will help you decide which one is best for you. Also, make sure you stick around until the very end of the show where I am going to give you a BONUS tool which is going to help you choose the best account, where to invest, and how to get started building your own portfolio! Mentioned in this episode ** Are you currently living on a plan for your life and money...AKA a budget? The #1 habit of the most highly successful people is they are proactive. They don't wait for life and money to happen to them, they happen to their life and money. If you haven't started yet, now is the best time to start living on a simple budget. It's time to be proactive. ** 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 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
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EP154: How to Get Started Investing in 2021
01/08/2021
EP154: How to Get Started Investing in 2021
Are you looking to start off 2021 investing but don't know where to get started? On today's show I am going to show you how to get started investing whether you're a seasoned investor or you're just starting out. Also, I am going to go full transparency with you and share with you some of my latest stocks I have purchased over the past year. But before we start, here’s what you will get during the show. First we will break down the difference between a stock, bond, mutual fund and ETF. Then we will talk about whether you're investing for retirement or non-retirement. From there we will discuss the options of managing your own portfolio or having someone do it for you. And lastly I am going to share you with you my little secret I have found that has completely blown my mind when it comes to investing and I will be giving you a free gift at the end of the show to help you get started with opening your account, choosing your investment strategy, and actually investing into the market. So let's just jump right in. ** Mentioned in this episode ** Are you currently living on a plan for your life and money...AKA a budget? The #1 habit of the most highly successful people is they are proactive. They don't wait for life and money to happen to them, they happen to their life and money. If you haven't started yet, now is the best time to start living on a simple budget. It's time to be proactive. ** 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 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
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EP153: Secrets of Your Money Mindset with Bernadette Logue
11/13/2020
EP153: Secrets of Your Money Mindset with Bernadette Logue
On the show today I have Bernadette Logue - an expert when it comes to mindset and money. I’ll admit — I am great when it comes to showing you how to create a budget, save more money and get out of debt. However, where I often miss is when it comes to your mindset and money. What I have learned over the years of coaching people with their finances is that a change won’t happen until you are willing to make the change. Once you make the decision to commit to improving your life and money, I can then show you the tactics to help you accomplish your goals. But what causes us to make those changes and how do we get there? And this is where Bernadette comes in to help answer these questions. We also discuss. Why do some people do well financially and others seem to always struggle with money? Where we learn and develop our financial habits and at what age. Is it possible to break the cycle of constant financial struggle? Mentioned in this episode ** Are you currently living on a plan for your life and money...AKA a budget? The #1 habit of the most highly successful people is they are proactive. They don't wait for life and money to happen to them, they happen to their life and money. If you haven't started yet, now is the best time to start living on a simple budget. It's time to be proactive. ** 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 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
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EP152: A $50k/year Side Hustle with Brian Winch
11/06/2020
EP152: A $50k/year Side Hustle with Brian Winch
I had Brian Winch on the show way back in 2017 to share how he makes a full-time income picking up litter in parking lots. Yes, you read that right - picking up litter in parking lots. I decided to reach back out to have Brian back on the show to follow up and ask him how the business is doing and how others are doing after having him on the podcast a 3 years ago. "Peach, this is literally a $30k -$50k per year side hustle and others I have helped get started are doing extremely well with their side litter-pickup side hustle as well". $30k to $50k side hustle? This isn't just a side hustle - this is full-time income. But how does one make this kind of money as a side hustle? One of the reasons: COVID-19 Brian answers all these questions and more in this week's interview on making extra money. ** Mentioned in this episode ** Are you currently living on a plan for your life and money...AKA a budget? The #1 habit of the most highly successful people is they are proactive. They don't wait for life and money to happen to them, they happen to their life and money. If you haven't started yet, now is the best time to start living on a simple budget. It's time to be proactive. ** 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 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
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EP151: Investing During an Election: The Worst Mistakes to Avoid
10/23/2020
EP151: Investing During an Election: The Worst Mistakes to Avoid
With only 11 days until the election, many of us are wondering what we should be doing when it comes to our investments? Should we pull out our money now? Should we wait until after the election to see what happens? What if we don't know who the president is on November 3rd? What about other uncertainties that could have an effect on my investment portfolio? Inside the episode I am going to break down... Investing With Uncertainty? Sure, there will be volatility when there is uncertainty in the markets. But how should we manage this and what have we learned from the past during an election year? Should I wait until after the election to invest? I am going to show you 22 different election cycles and let you make the decision based on the past century when it comes to investing before, during and after an election. What If Democrat vs Republican President? Good news, it doesn't matter as much as you think it does. Often Presidents like to take a little too much credit for how the markets did during their presidency, but as you will see it's not just the President...there are MANY other factors too. Should you cash out of the stock market? But what do the GREATS say? Why not take advice from some of the greatest investors of all time? Let's see what Warren Buffet, Charlie Munger and Peter Lynch have to say about investing during an election cycle. Mentioned in this episode ** Are you currently living on a plan for your life and money...AKA a budget? The #1 habit of the most highly successful people is they are proactive. They don't wait for life and money to happen to them, they happen to their life and money. If you haven't started yet, now is the best time to start living on a simple budget. It's time to be proactive. ** 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 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
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EP150: Is an HSA a Good Money Move for Me?
10/16/2020
EP150: Is an HSA a Good Money Move for Me?
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 money...AKA a budget? The #1 habit of the most highly successful people is they are proactive. They don't wait for life and money to happen to them, they happen to their life and money. If you haven't started yet, now is the best time to start living on a simple budget. It's time to be proactive. ** 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 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
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EP 149: Pay Your 30-Year Mortgage in 5-7 Years on Your Existing Level of Income with Jordan Goodman
10/09/2020
EP 149: Pay Your 30-Year Mortgage in 5-7 Years on Your Existing Level of Income with Jordan Goodman
Jordan Goodman is a rockstar. You may have heard of him as America’s Money Answers Man and seen him as a regular CNN, Fox Business and radio segments across the country. Jordan is referred to as the answers man because of his expertise on all things money, but I wanted him to come on the show for one reason and one reason only: The Equity Optimization Strategy Jordan walks us through step-by-step how to pay down your 30-year mortgage in as little as 5-7 years using a HELOC. Now, I am sure you’re waving red flags, and you definitely should be. I was too. Therefore, I made sure Jordan broke it down step-by-step and I even had to ask him to explain it three different ways so we can all fully understand this strategy. Here are just a few things we mention inside this episode: Countries such as Australia and Japan already use this method of rapid mortgage acceleration The reason it works is because mortgages used amortization schedules and HELOCs are based on average daily balance You must have some equity in your home now You must have a positive cash flow (income) Why the banks will not like you after this
** Mentioned in this episode ** Are you currently living on a plan for your life and money...AKA a budget? The #1 habit of the most highly successful people is they are proactive. They don't wait for life and money to happen to them, they happen to their life and money. If you haven't started yet, now is the best time to start living on a simple budget. It's time to be proactive. ** 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 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 Jordan and I mentioned can be found at
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EP148: Flea Market Flippers: From Side Hustle to Full-Time with Rob and Melissa
10/02/2020
EP148: Flea Market Flippers: From Side Hustle to Full-Time with Rob and Melissa
Rob and Melissa are the Flea Market Flippers and they’re on the show to share how they turned their side hustle into full-time income. Here's what to expect from today's show: Rob shares how he started flipping as as a side hustle in 1996 How they made $62k in profit last year Best flipping story involving a prosthetic leg Rob and Melissa also share some of their secrets when getting started with a flipping side hustle, including Starting small Sell things inside your house first Where to list your items for sale How to take the best pictures The formula to identify what to buy and what to sell it for ** Mentioned in this episode ** Are you currently living on a plan for your life and money...AKA a budget? The #1 habit of the most highly successful people is they are proactive. They don't wait for life and money to happen to them, they happen to their life and money. If you haven't started yet, now is the best time to start living on a simple budget. It's time to be proactive. ** 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 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 Rob, Melissa and I mentioned can be found at
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EP147: From Broke to Net Worth Millionaires in 9 Years
09/25/2020
EP147: From Broke to Net Worth Millionaires in 9 Years
I'll be honest — I almost didn't record this episode. After talking about it with Andrea (my wife) and praying about it, we decided we were going to share more of our story. This wasn't easy. Not many people are willing to talk about the REAL life money. Here goes...this past month we officially passed $1 million net worth. And there is way more to the story that Andrea and I are sharing on the show today. No, we do not make $1 million. (Not even close) No, it did not happen quickly. No, it wasn't super easy. No, we are nowhere near perfect when it comes to money. However, we hit one of our goals. We can officially say we are "millionaires". And it feels really damn good! But, how did this happen? Where did we start (Hint: we had a huge negative net worth)? And how could someone else accomplish this? We discuss all of this and more on this week's one-of-a-kind show! ** Mentioned in this episode ** Are you currently living on a plan for your life and money...AKA a budget? The #1 habit of the most highly successful people is they are proactive. They don't wait for life and money to happen to them, they happen to their life and money. If you haven't started yet, now is the best time to start living on a simple budget. It's time to be proactive. ** 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 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 Kim and I mentioned can be found at
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EP146: Real Estate Investing in Senior Living Areas with Phillip Vincent
09/18/2020
EP146: Real Estate Investing in Senior Living Areas with Phillip Vincent
When Mom and Dad are ready to move out of their home and into a senior living community, what is the best way to go about it? 👉 And is there an opportunity for investors? Phillip, the co-founder of Mom's House explains the process of selling mom or dad's house... First you have to clean out the house Then start getting contractor bids to get the house "sell ready" Painting, repairs, etc. Real estate agents Photos Showings, Offers, More Offers, and the list goes on and on... ❓ What if there were a better way? ❓ What if you didn't need to deal with a realtor? ❓ What if instead of months it was only a few weeks to do all of this? This is where Phillip and Mom's House comes in. ** Mentioned in this episode Links mentioned: ** Are you currently living on a plan for your life and money...AKA a budget? The #1 habit of the most highly successful people is they are proactive. They don't wait for life and money to happen to them, they happen to their life and money. If you haven't started yet, now is the best time to start living on a simple budget. It's time to be proactive. ** 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 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 Phillip and I mentioned can be found at
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EP145: Retire Early and Choose Financial Independence with Jonthan Mendonsa
09/11/2020
EP145: Retire Early and Choose Financial Independence with Jonthan Mendonsa
Have you heard of the #ChoosFI Movement? The Retire Early and Choose Financial Independence movement is taking over the personal finance world and for good reason. It's an amazing community of people looking to earn more, spend less, and build wealth so they can reach financial independence. Today I am bringing their co-founder Jonathan Mendonsa on the show to talk all about it. Most interviews I do last between 25 and 30 minutes, but Jonathan was so good during this interview that we just kept going....and you won't be disappointed. ** Mentioned in this episode Links mentioned: Jonathan talks about earning $60k or more per year with this certification program: ** Are you currently living on a plan for your life and money...AKA a budget? The #1 habit of the most highly successful people is they are proactive. They don't wait for life and money to happen to them, they happen to their life and money. If you haven't started yet, now is the best time to start living on a simple budget. It's time to be proactive. ** 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 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 Kim and I mentioned can be found at
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EP144: How to Begin a Wildly Successful Franchise Business with Kim Daly
09/04/2020
EP144: How to Begin a Wildly Successful Franchise Business with Kim Daly
Have you ever wondered what it would be like to start a franchise? Whether you are looking to change careers, increase cash flow, or invest as a wealth building strategy — franchises may be the perfect fit. I'll be honest — I didn't know anything about franchising so I found America's #1 Franchise Expert - Kim Daly. Kim Daly is a franchise coach and expert with over 18 years helping people find the perfect franchise and showing them how to get started from almost 2 decades of experience. She's seen the good, bad, and the ugly of franchising and she's sharing when to get started, what to look for in a franchise, and how to find early success. And some of these franchise opportunities will shock you. I had no idea how successful people are inside franchises I have quite frankly never heard about. We all know about the franchise opportunities for McDonalds, UPS Stores, Massage Envy and the 7-11s...but what about the little-known franchise jems you've never heard of? We talk about all of this and more in this week's amazing episode with franchise expert Kim Daly. ** Mentioned in this episode Kim's website: Videos Kim mentioned: ** Are you currently living on a plan for your life and money...AKA a budget? The #1 habit of the most highly successful people is they are proactive. They don't wait for life and money to happen to them, they happen to their life and money. If you haven't started yet, now is the best time to start living on a simple budget. It's time to be proactive. ** 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 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 Kim and I mentioned can be found at
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