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MoneyPlan SOS Podcast

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Pay attention - not interest My wife and I went from a negative net worth of $70,000 to no debt, thousands in savings, and a paid-for house. We didn’t win the lottery or receive an inheritance, we simply PAID ATTENTION - NOT INTEREST. I’ve been inspiring others to pay off their debt, live without credit cards, and avoid the distractions of building credit scores in order to build wealth instead. Below are 5 years of encouraging and educational episodes to help you spend wisely, save more, and escape the trappings of debt. For one-on-one help, contact me at http://SteveStewart.me

Pay attention - not interest My wife and I went from a negative net worth of $70,000 to no debt, thousands in savings, and a paid-for house. We didn’t win the lottery or receive an inheritance, we simply PAID ATTENTION - NOT INTEREST. I’ve been inspiring others to pay off their debt, live without credit cards, and avoid the distractions of building credit scores in order to build wealth instead. Below are 5 years of encouraging and educational episodes to help you spend wisely, save more, and escape the trappings of debt. For one-on-one help, contact me at http://SteveStewart.me
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Location:

St. Louis, MO

Description:

Pay attention - not interest My wife and I went from a negative net worth of $70,000 to no debt, thousands in savings, and a paid-for house. We didn’t win the lottery or receive an inheritance, we simply PAID ATTENTION - NOT INTEREST. I’ve been inspiring others to pay off their debt, live without credit cards, and avoid the distractions of building credit scores in order to build wealth instead. Below are 5 years of encouraging and educational episodes to help you spend wisely, save more, and escape the trappings of debt. For one-on-one help, contact me at http://SteveStewart.me

Language:

English

Contact:

(636) 373-4818


Episodes

What People Learned About Money By Blogging About Money

9/23/2015
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#200: The MoneyPlan SOS podcast is now retired with this final episode. It was recorded LIVE at FinCon15 with nine bloggers who learned more about money by actually blogging about money. Financial education is not represented in our school systems, at least not on a national basis. However, learning how money really works should not be left to an untrained adult. Parents can try to educate their children, and many do, but the economics of money, and how we use money, has changed. Here is...

Duration:00:30:05

Is Giving a Tithe Mandatory? Chris Brown from True Stewardship

9/3/2015
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#199: Is tithing mandatory for Christians? Chris Brown and I discuss this to get to the root of the problem - which has little to do with ten percent. Chris Brown has been a pastor for several years, speaking to congregations and audiences all over the United States. Full show notes at https://moneyplansos.com/chris-brown-from-true-stewardship-is-tithing-mandatory-for-christians He recently became on of Dave Ramsey's Speakers and now hosts the popular True Stewardship Podcast. In this...

Duration:00:36:59

The 8 Great Mistakes of Investing. Also, Fractional Savings Accounts

8/28/2015
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#198: OG (aka The Other Guy from Stacking Benjamins) joins me to share the 8 Great Mistakes in Investing Full show notes at https://moneyplansos.com/8-great-mistakes-of-investing-and-fractional-savings-accounts/ The 8 Great Mistakes of Investing are: Under-diversification Over-diversification Euphoria Panic Leverage Speculating Investing for yield and not total return Cost basis dictating decision Thanks to OG for coming over. You can find him at http://StackingBenjamins.com - my favorite...

Duration:01:08:08

Matt Ham has Redefined Rich

8/20/2015
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#197: Matt Ham is an author, speaker, and small business owner. Five words uttered by a nurse changed the way he looks at life - and inspired him to redefine rich. Full notes with links at https://moneyplansos.com/matt-ham-has-redefined-rich/ Takeaways from this interview: It’s not how much you give - it’s how you give it (The Widow’s Mite) We shouldn’t feel guilty to spend and, surprisingly enough, we feel richer when we give. Whole Life Matters Podcast: http://www.mattham.com/itunes...

Duration:00:57:01

The Ins-and-Outs of Robo-Investing - Interview with Jon Stein

8/13/2015
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#196: Jon Stein from Betterment and I discuss robo-advisors, why Betterment is so different, and what it takes to open an account. Use http://SteveStewart.me/Betterment to receive 30 days FEE FREE investing at Betterment Full show notes at https://moneyplansos.com/ins-and-outs-of-robo-investing-interview-with-betterments-jon-stein/ _______________________________________ M.J. Cossel wrote in about an article she read in the Dallas Morning News: Bad credit score can double insurance...

Duration:00:55:47

Less Taxes, More Money In Your Paycheck - Running a mid-year tax return can improve your cashflow

8/6/2015
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#195: Do you know why stories of people with $.32 refund checks are in the news? Because they are so rare! Most people want to get a big tax refund. Getting a huge refund is an extremely inefficient use of money - both for you and for the government. I recommend adjusting your withholding so you can bring more money home and put it towards your goals: High-interest rate debt Building up reserves Saving or investing Run a mid-year income tax assessment Making course corrections in August...

Duration:00:34:02

Ace Chapman Says Skip The Startup and Buy a Business

7/30/2015
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#194: Although he has an entrepreneur’s heart, Ace doesn’t believe anybody should start their own business. It is much easier and profitable to buy an existing business, improve it, and sell it for a profit. Full notes at https://moneyplansos.com/ace-says-skip-the-startups-and-buy-a-business/ Ace's book: The Ace Formula: How To Buy A Profitable Business and Live Life On Your Term LIKE A BOSS Find Ace at: http://acechapman.com Or Twitter: https://twitter.com/acechapman...

Duration:00:50:16

What You Need To Know About Self-Directed IRA's

7/23/2015
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#193: Many people are being lured by the attractiveness of directing their own retirement plans. The trick is to do it right and have an asset, business, or income-producing entity that makes sense for YOUR retirement planning. Kirk Chisholm is a Wealth Manager, Economist, & Principal at IAG. He is also an expert of investing in alternative investments in self-directed IRA / 401k. Full notes at https://moneyplansos.com/what-you-need-to-know-about-self-directed-iras-mpsos193/ Key takeaways...

Duration:00:51:02

Interview with The Vault Key and I Can't Live Without My Smartphone

7/16/2015
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#192: Kai and I have something in common: We both left the comfort of a regular paycheck to focus on helping others with their personal finances. In our conversation we discuss: Why Americans allow themselves to become trapped in debt How much responsibility do we place on the education system to teach children and young adults about financial literacy The truth about employers pulling credit scores or credit reports The 5 Dangers of Buying Cheap and “Splaving” For full notes, visit...

Duration:00:33:15

Summer Jobs for Teachers and Destination Debt Freedom

7/9/2015
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#191: Heather van der Hoop from ThePennyHoarder.com comes on the show to offer these suggestions for creating an income - and many of them involve stretching your boundaries as a teacher. 1. Teach English as a Second Language’ 2. Teach Abroad 3. Sell Your Lesson Plans Online 4. Work at a Summer Camp 5. Drive for Uber, Lyft or Sidecar 6. Rent Out Your Driveway 7. Rent Extra Space in Your House 8. Become a Local Tour Guide Destination Debt Freedom Alan Steinborn and Jackie Beck are...

Duration:00:47:27

Inflation-Induced Debt Destruction with Jason Hartman

7/2/2015
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#190: Jason Hartman only wants mortgage debt - and he will take out as much as he possibly can. Full show notes at https://moneyplansos.com/inflation-induced-debt-destruction-with-jason-hartman/ Jason Hartman has been investing since he was 20 years old and learned how inflation is the enemy of home equity but the golden goose of real estate income property owners (my words, not his). We first have to understand how inflation plays into this investment strategy: Jason says he is playing...

Duration:01:06:03

Which Half-Glass Investor Are You?

6/25/2015
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#189: Are you a Pessimist or Opportunist? Take this quiz to find out! Full notes at https://moneyplansos.com/which-half-glass-investor-are-you/ Topics covered in this episode: Pessimists, Opportunists, and the Half-Glass Investor Quiz How a GOOD credit score is all you need Ponda from the Honda Cool resource for your email: Wisestamp (support the show by using this link) http://SteveStewart.me/wisestamp

Duration:00:37:02

A Pleasant Conversation With The Angry Grad

6/20/2015
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#188: Leah Bell shares her story of growing $32k in student loan debt - and why it makes her angry! Upcoming webinars: July 1st: Get more out of your money by Spending Our Values http://MoneyPlanSOS.com/webinars June 23rd: Premium Podcast Player Showdown http://stevestewart.me/audacity-workshop-live-webinars/ In this episode: Leah Bell, The Angry Grad, did what she thought everyone does: Goes to college to get a degree. What she didn’t know was her chosen major narrowed her options just...

Duration:00:48:01

How Credit Cards Make Their Money - ON YOU!

6/5/2015
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#187: An informed consumer is a better consumer. This episode will show how Credit Cards make money from processing fees. I also give a few tips for reducing fees and a new way to send a friend money for free. Full notes at https://moneyplansos.com/how-credit-cards-make-money/ Infographic with credit and debit card statistics: http://www.dailyinfographic.com/the-hidden-plastic-economy Send money to a friend for free via your smartphone using Cash.me. Here's my CashTag:...

Duration:00:36:00

Being Phroogal on the Road to Financial Wellness

5/29/2015
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#186: What could be better than taking a 30-day journey across the U.S. in a van? Full notes at https://moneyplansos.com/being-phroogal-on-the-road-to-financial-wellness-mpsos186/ Jason Vitug from Phroogal is leaving for a 30 day journey throughout the U.S. to promote financial wellness. Visit http://Phroogal.com/Road to find a location near you Also: Debit cards, auto-pay, bill-pay, and checks: There are multiple ways money can come out of our accounts. It's more important than ever to...

Duration:00:35:06

Protected but not Immune to Card Fraud

5/21/2015
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#185: It's impossible to be immune to card fraud, but you can reduce the opportunities of being a victim. In this episode I share steps you can take to use your Debit card responsibly and reduce the chance someone will steal your card. More information and full show notes with links can be found at https://moneyplansos.com/protected-but-not-immune-from-card-theft/

Duration:00:41:01

What makes ID Theft companies worth the cost?

5/7/2015
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#184: Identity theft is no joke - and it's on the rise! Should you pay for monitoring? Full show notes at https://moneyplansos.com/what-makes-id-theft-companies-worth-the-cost-mpsos184/ Keith Bunn of CavusFinancialCoaching.com compared four companies to see if their services are worth the cost. Also in this episode: 'Ponda from the Honda - My mailbox is wasting a lot of energy Upcoming webinars and recent appearances Testimony from a listener who learned risk vs reward from an engineering...

Duration:00:26:33

YNAB vs EveryDollar Comparison

4/16/2015
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#183: Dave Ramsey announced his new budgeting software - EveryDollar. It is awesome - and have many similar features to YNAB (You Need A Budget). Which premium budgeting software is best for you? Let's compare the different features and methods to identify the right one for you. Also: Holla from the Impala is changing. Listen to all the reasons you shouldn't buy a car from a long distance. For more information, visit the show notes at https://moneyplansos.com/ynab-vs-everydollar-comparison/

Duration:00:53:01

One Page Financial Plans and Cocktail Napkins - Interview with Carl Richards

4/8/2015
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#182: Carl Richards was a ditch-digger, fell into a securities job, became a Certified Financial Planner, then became the Sketch Guy at the New York Times by drawing financial concepts on paper napkins. He released his second book, the One Page Financial Plan, and shares with us his journey from ditch-digger to NYTimes writer. For a more complete list of notes with pictures and links, go to...

Duration:00:44:45

Money Plan SOS ON FIRE with Joseph Michael

3/31/2015
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#181: Joseph Michael is an average guy who saw a need and is now making 6-figures helping writers solve a problem. They love to use Scrivener - an incredible writing and organization tool - but had a hard time figuring out how to use it efficiently. Enter the Scrivener Coach. Joseph doesn't work for Scrivener but came up with an easy-to-follow, step-by-step video course that takes a lot of the guesswork out of the process. I've taken the course and am using Scrivener to create my Audacity...

Duration:00:21:11