This New App is Helping Your Raise Money Smart Kids

This New App is Helping Your Raise Money Smart Kids

Listen To The Full Interview: [powerpress] Bringing Good from a Painful Past Tanya Van Court lost millions in the stock market at the turn of this latest century. Remember when the Dot Com bubble burst in 2000? There’s nothing like losing a million dollars to make you take stock (pun intended) of your finances. Since then, she’s she’s worked hard to improve her financial literacy and rebuild.  Even though she was intelligent, driven, and successful in her 20s; she was ashamed to ask for money help. Asking for help — in her mind — meant admitting that she didn’t have...

How Whitney Hansen Paid Off $30,000 of Student Loan Debt in 10 Months

How Whitney Hansen Paid Off $30,000 of Student Loan Debt in 10 Months

Listen To The Full Interview: [powerpress] Is There Freedom From Student Loans? We know that student loans are an ever-growing problem – especially for each new graduating class. The student loan debt as of 2016 average is nearly $37,000. Given that the average starting salary for college graduates is $50,000 a year, a 5-figure debt load can be a heavy one. Whitney Hansen decided not to be average – even though she took home a huge debt bill along with her degree.   How She Paid Off Student Loans There’s no magic formula. Whitney kept her expenses low and increased...

How Anita Dhake Became Financially Independent at 35

How Anita Dhake Became Financially Independent at 35

Listen To The Full Interview: [powerpress] What is Financial Freedom? At it’s core, financial freedom occurs when you are able to generate enough passive income (i.e. income from investment sources other than a 9-5) to support your lifestyle. That said, financial freedom is different for everyone. If your lifestyle includes $2,000 a month in expenses, saving, and creature comforts in the middle of America, great! If you live in southern California, $2,000 a month might be your grocery budget line item. I kid. I hope. Currently, my household expenses are $4800 / month. My income from rental properties is -$500...

This Could be Killing Your 401(k) Growth

This Could be Killing Your 401(k) Growth

Listen To The Full Interview: [powerpress]   When have you last looked at your retirement statement? Do you have any idea of how much you investment choices are costing? Don’t feel bad. I’ve done this interview and I still don’t know.  It’s on my to-do list. Let’s find out together. Here’s the thing. A small 2% difference in the amount of fees one mutual fund is charging in your retirement account could have HUUUUUUUGE ramifications the money you end up with in retirement. Why? That’s not the point of this podcast. We’re not going down the path of how to...

Should You Care About the Equifax Data Breach

Should You Care About the Equifax Data Breach

Short answer. Find out. You can can enter the last 6-digits of your social security number and last name in an Equifax online form and find out if you are one of the lucky 200,000 or so who’s information might have been compromised. According to their site, the breach did not impact their core database. Just those of us on the periphery. I say us because I got the message that I’m more than likely caught up. If you’re concerned or if you receive the unfavorable news, you have options. Sign up for a year of free credit monitoring. Download...