56: Change Your Personal Finances (& Your Millennial Money Mindset) with Paychecks & Balances

56: Change Your Personal Finances (& Your Millennial Money Mindset) with Paychecks & Balances

Rich Jones and Marcus Garrett are the men behind Paychecks and Balances, a podcast aimed at helping Millennials figure out their finances. And they should know a little on the subject—both Rich and Marcus made some pretty epic money mistakes in their youth. From Rich just not looking at his bills to Marcus actively going into almost $30K of debt in 72 hours (NOT a typo!), they know what owing money to someone feels like. Marcus details his D.E.B.T. plan so you can pick yourself up, dust yourself off, and pay off your debt for good. Are you looking to be debt-free in 2019? This episode can help you formulate a plan that works for your specific situation, with tips for staying out of debt once you arrive. In This Episode We Cover: Marcus and Rich's money journey How Marcus spent $26K in just one weekend How Rich optimized his budget around things he wants versus the things he needs The concept of the debt snowball Rich's hybrid approach to tackling his debt The purpose of an emergency fund Advice for being financially responsible The importance of focusing on priorities first Their advice for people on paying debts The importance of being conscious about your decisions, especially when it comes to paying debt Building responsible habits And SO much more! Links from the Show FinCon Podcast Movement Mint Annual Credit Report Bankrate Paychecks & Balances Podcast - How I Reached Six Figures in My Trading Account ft. Jason Brown- PB105 Uber Lyft We Read the 15 Best Personal Finance and Investment Books and Summarized the Action Items From Each That Will Make You Rich - Paychecks and Balances Learn more about your ad choices. Visit megaphone.fm/adchoices

Avsnitt(745)

How to Stay Rich During FIRE by Dodging the 4 Financial “Horsemen”

How to Stay Rich During FIRE by Dodging the 4 Financial “Horsemen”

You’ve worked so hard to finally achieve FIRE (financial independence, retire early); the last thing you want is your wealth to dwindle or disappear entirely. Unknown to most FIRE-chasers, four financ...

18 Mars 202548min

Can I Hit Financial Independence by 50 with THIS FI Number? (Finance Friday)

Can I Hit Financial Independence by 50 with THIS FI Number? (Finance Friday)

Is your FI number TOO high? Whether you are ultra-conservative with your finances or want a lavish retirement lifestyle, setting a high bar could make your financial independence journey much harder…b...

14 Mars 202557min

Ditch Corporate! Start Taking the “Slow” Path to Retirement w/Tae Kim | Life After FIRE

Ditch Corporate! Start Taking the “Slow” Path to Retirement w/Tae Kim | Life After FIRE

The “death march to FI” isn’t for everyone. If you’re tired of climbing the corporate ladder or lacking a sense of purpose at your W2 job, it’s not too late to escape the rat race and design the life ...

12 Mars 202535min

How the Top 1% Invest (and How Do YOU Compare?)

How the Top 1% Invest (and How Do YOU Compare?)

How do the top 1% of Americans invest their money, and how do your investments compare? We’re breaking down the data, showing what the wealthiest Americans are invested in and how to copy their 1% por...

11 Mars 202541min

Are You Headed for FIRE or the Middle-Class Trap? (Finance Friday)

Are You Headed for FIRE or the Middle-Class Trap? (Finance Friday)

If there’s an issue that keeps aspiring early retirees up at night, it’s the dreaded middle-class trap. At just 28 years old, this financially savvy couple is already looking for ways to avoid this is...

7 Mars 202552min

The Tax-Free Retirement Strategy 95% of Americans Don’t Know About

The Tax-Free Retirement Strategy 95% of Americans Don’t Know About

The wealthy are using one unique retirement account to build their fortunes tax-free. You may have never heard of it, but knowing about it can change the course of your retirement planning, allowing y...

4 Mars 20251h 2min

Scott and Virginia Trench Talk Goal Setting, Spending, Prenups, and Future Plans

Scott and Virginia Trench Talk Goal Setting, Spending, Prenups, and Future Plans

How has Scott achieved so much financial success already in his early 30s? He’s got a secret weapon nobody else has: Virginia Trench! That’s right, the woman behind half of the puns you hear on this p...

28 Feb 202540min

Teacher Retires Early at 45 Thanks to Strategic Living (FIRE in Paradise!)

Teacher Retires Early at 45 Thanks to Strategic Living (FIRE in Paradise!)

Teachers aren’t known for their high salaries, so how did this one reach early retirement and FIRE at just 45 years old? Through “aggressive” saving and smart cost-of-living choices, Amy Minkley was a...

25 Feb 202556min

Populärt inom Business & ekonomi

framgangspodden
badfluence
varvet
rss-jossan-nina
svd-tech-brief
rss-svart-marknad
rss-borsens-finest
uppgang-och-fall
avanzapodden
bathina-en-podcast
lastbilspodden
rss-dagen-med-di
fill-or-kill
24fragor
rss-inga-dumma-fragor-om-pengar
rss-kort-lang-analyspodden-fran-di
borsmorgon
tabberaset
rikatillsammans-om-privatekonomi-rikedom-i-livet
montrosepodden