Crushing Debt

If you have built up your emergency fund, nice work!  If not, there is still time to do so. However, what can you do if you need to use it and those funds run dry? Shawn & George discuss an article written by Quentin Fottrell for MarketWatch.com titled "Living paycheck-to-paycheck has become the norm: Inflation takes its toll on American finances as emergency funds run dry." You can find the artic...

What financial topics would you make sure business owners knew and understood before opening their businesses? Back in Episode 330, we talked about the Personal Finance Education Bill (HB 1054) that became law in Florida as of July 1, 2022, and requires a financial literacy course as a prerequisite to high school graduation. In that episode Shawn & George designed the perfect personal financial co...

What is the charitable gifting of real estate? Who would give away their valuable real estate? Is the charitable gifting of real estate only for the super wealthy? In the calendar year 2021, approximately $9 Billion was donated in real estate alone, and that is only a small fraction of all donations given to organizations nationwide. Real Estate giving is through various organizations, include Rea...

Are you a ghost in the public records? Do you need to be? Do you get your asset protection advice from TikTok (any advice for that matter)? Have you completed your business succession planning, or business estate planning? On this week's episode of the Crushing Debt Podcast, George and Shawn welcome Jason Sampson, co-founder of Fortress Asset Protection, and founder of Venerable Law. Jason focuses...

When you think of balance, what does that mean to you? Are you working your business, or is your business working you? Does your business provide you with the life you desire? How do you balance your business so you can have the life & health you want? In this week's episode, George and Shawn provide practical tips on helping you to obtain balance, in your work and in your life, so that you can cr...

Do you have positive or negative feelings about money? Do you know your "money type" - Amasser, Hoarder, High-Roller? Are you in balance spiritually, financially and physically? Are you able to navigate a money crisis? This week, George and Shawn talk to Maggie Baker, PhD, a practicing psychologist for 30 years, who offers services for anxiety, depression, relationship issues, trauma, ADHD/ADD and...

Do you feel overwhelmed at times? Do you feel like you have too much on your plate? Are you worried that you might let people down if you say no? Shawn felt that way prior to recording this week's episode, which gave George a great opportunity to talk Shawn (as well as any other listeners) "off the ledge" and give us all permission to say "no" in a polite way, from time to time. How easy is it for...

How do you manage financial trauma? What is financial trauma? How does financial trauma present itself? Is financial trauma a good thing or a bad thing? In this week's episode, George and Shawn talk about financial trauma, abundance and scarcity mindset, how childhood impacts financial trauma, how financial trauma may present itself, and how to manage financial trauma so that it does not become cr...

Have you felt the impact of inflation over the last six months? Over the last twelve? If so, how has it impacted you? What habits or behaviors have you changed because of inflation? A few weeks ago, Shawn attended FinCon 2022, an annual seminar to help "personal finance content creators and brands create better content, reach their audience, and make more money." This year FinCon was in Orlando, a...

Things you tell your attorney are attorney-client privileged. As attorneys we cannot share confidential information with anyone. But what happens in bankruptcy court when financial information has to be disclosed to the trustee by one spouse, that was unknown by the other spouse? In this week's episode, Shawn and George talk about stories relayed by different bankruptcy attorneys of when financial...

Is all debt bad? What is your strategy around incurring debt? What do you want to accomplish using credit and debt? What is your plan to improve your credit score and reduce your debt? This week, we interview David Dishman, owner of 12 Point Life and a consumer credit expert with more than two years experience helping families decrease their debt and increase their credit to achieve their goals. ...

What is the number one reason people file for bankruptcy? What famous celebrity lists his 20-year-old money mistakes? Are we getting deeper in debt as inflation boosts costs? On this week's episode we discuss these topics and more.  You can find the articles we reference at these links: The #1 Reason People Go Bankrupt by Rachel Cruz on YouTube: https://www.youtube.com/watch?v=A2LrrNTQ1oo Nearly H...

What are the five money rules you should follow while you're still young, or "regret it later in life"? We recently read an article written by Morgan Housel for CNBC. You can find the article here: https://cnb.cx/35yNVut While the article has some great tips: (1) live below your means, (2) money disputes and relationship disputes, (3) avoid debt, (4) affordable services, and (5) career - let's jus...

Was the "Great Resignation" caused by COVID-19? How can you decrease the likelihood that good employees will leave? How can you decrease the likelihood that terminated employees may sue? How can you find and keep happy employees? Attorney April Goodwin, of The Goodwin Firm, joins Shawn and George today in studio to talk about finding and keeping happy employees. April's practice focuses on employm...

What is "full coverage" with regard to car insurance? What coverage is required under Florida law? What coverage should you have?  Or avoid? In this week's episode of The Crushing Debt Podcast, we talk to Walt Blenner of Blenner Law Group about the different types of auto insurance coverages, subrogation, fault and no-fault, and what happens to insurance when the driver is ticketed (or not). Walt...

What would you do with an extra month this year? Every year? How is your cell phone costing you time when you could instead be making money? How can you trade money for time? This week's guest is making her fifth appearance on the show! Our friend Tiffanie Kellog is back to talk about her program 13 Months a Year! Tiffanie helps her clients MAKE MONEY, SAVE TIME and have FUN! Whether sharing her e...

As housing prices have appreciated, we have seen less foreclosures and short sales - they're not gone, but clearly reduced in number recently. The trend we've seen in an increase in other types of lawsuits with the increase in property values. In particular, I have many more partition lawsuits in the office than I did a year or even six months ago. In a partition lawsuit, two co-owners are fightin...

The Personal Finance Education Bill (HB 1054) became law in Florida as of July 1, 2022.  The new law requires a financial literacy course as a prerequisite to high school graduation. George and I were thinking, if we designed the course, or if Governor DeSantis consulted with us to design the course, what are the top five things we would include (and then we thought up a few more). How to balance...

When should we teach financial literacy lessons to our kids, and what should we teach them? What does "financial literacy" really mean? What are the common financial problems people are facing today? Why do so few states teach personal finance in public schools? Today's guest on the Crushing Debt Podcast is Vince Shorb, one of the country's leading advocates for promoting financial wellness and a...

If someone owes you money and files bankruptcy, how do you get paid? What is the role of the bankruptcy trustee? How does the bankruptcy trustee value assets? This week's episode is great question by one of our listeners, and former guests Mechiel Kopaska, who sent us a question about how the bankruptcy trustee pays out creditors in a bankruptcy case. You can hear Mechiel's episode here: https://y...

The Fed raised interest rates. What does that mean for you? In this week's episode of The Crushing Debt Podcast, we discuss: The Fed's rate increase and its impact on inflation and interest rates. What you can do to curb the impact of inflation on your finances. Governor DeSantis's veto of the increase of the automobile exemption to $5,000. and other topics. You can find the article we discuss at...

Why are money myths so popular on social media? How can you avoid falling prey to the "get rich quick" messages? How do we convince the younger generation to save and invest? This week's guest on The Crushing Debt Podcast is Rachel Nohlgren of Mustard Seed Advisors of Raymond James. Rachel began her career in financial services in 2005, earned her Series 7 security license in 2011, and became a pa...

Do you know how to find the mistakes in your medical bills and then fix those mistakes? Do you know how to find the mistakes in your medical coverage and then fix those mistakes? Knowing those two things could save you hundreds or thousands of dollars on your annual medical expenses! This week's guest on the Crushing Debt Podcast is Dr. Virgie Bright Ellington, author of the Crush Medical Debt boo...

What can you do to get out of a financial rut? How do you save for vacation? How can you get out of debt? We welcome back George Curbelo of Curbelo Financial Coaching. As a financial coach, George helps you create a judgment-free environment that will help guide you from struggling to thriving with your money! We discuss the questions above and more on this week's episode. For more information, or...

What happens when life gets in the way - winning the lottery, sending kids (or yourself) to college, new babies, marriage, sickness, loss of job or income, divorce, and other life events? This week's guest on the Crushing Debt Podcast is George Curbelo of Curbelo Financial Coaching. As a financial coach, George helps you create a judgment-free environment that will help guide you from struggling t...