Lifelong L-Earning

Purchasing gold and silver can be a confusing process. In this episode, we talk about how to tell what the commission rate is on a site where you can buy physical commodities and compare the commissions on commodities purchased at a vault. This same analysis can be done on any commodity - gold, silver, platinum, and palladium. This is not advice to buy gold and silver, just information on what to...

Credit cards can rule you - but what if YOU ruled your credit cards? You can do so by utilizing credit cards for their miles or points, but not get eaten up with interest. Making minimum payments is a trap that makes you a slave to debt, so avoid it at all costs! Here is the video of this episode: https://youtu.be/uML-Vyi-Stw

Education debt is something I've also dealt with. This episode goes through how I started noticing issues with an education loan, how I learned more about it, and a way to handle it by doing your own research based on my strategy! Here is the video on the YouTube channel: https://youtu.be/5uSquLsNk_I

If you are considering purchasing Gold and Silver (as well as Platinum or Palladium) - there are a lot of sources for that on the web. In this episode, I show one particular site, but they all work similarly. In the video, I go over considerations you may want to think about in terms of what kinds of products you can purchase and how more expensive products can be achieved as an investment. I am s...

Gold and silver have a place in investing. Feeling confident in your choices around precious metals will require some study, and ensuring you are getting into it with the right reasons for you and your portfolio. Learn a high-level overview of the thinking that goes into this world of investing! Here is a video of this podcast episode if you prefer videos as your learning style: https://youtu.be/G...

Many of you may have heard of the envelope strategy, and I share in this episode how I implement it through different bank accounts that have different purposes assigned to each. It is just a way of funneling off your discretionary funds that help you to achieve anything you are planning for in your financial plan! If you prefer to watch a video, here is the same episode as a video for you to watc...

One thing that can impact your credit is when fraud happens, or your identity is stolen. In this episode, you learn what has happened to me over time and my experience with these issues. You must do what works for you, but I will explain my strategies for handling bank and credit card fraud and identity theft. I have had it all happen to me throughout my life. If you prefer watching a video, here...

As part of your research and planning, you might be considering buying a house or already have bought one. So, should you make prepayments? This example discusses a mortgage and what happens when you make prepayments. Since I do show something on the screen, you may want to watch the video instead. Here is the link: https://youtu.be/89JF-Gw27Ug

Here, you see how paycheck timing can really pinch your disposable income. However, if you can keep your expenses under the paycheck amounts you receive on an every two-week paycheck cycle, then you can have two extra paychecks every year to invest. Do your homework to find out what kind of schedule you are on for pay - especially if you are on a salary. What is your paycheck cycle?  If you prefer...

Do you feel like you run out of money in a month? Do you find it hard to save money? Use this strategy to analyze your income and expenses to see if it is a timing problem. Our paychecks and expenses do not always line up well, so take a few minutes to see if the timing is making you feel like you have no money to save. If you prefer to watch a video of the podcast, here is the link: https://youtu...

An author I ran across a few years ago described four paths for wealth creation. Tom Corley can be found on Amazon, and you can find articles about him online. You can follow one of these paths to success or follow all four of them. I personally have used them all in my own money management and financial planning. In future episodes, these paths will be discussed in greater detail, but this episod...

What is diversification? It is all about spreading your risk. We never eliminate risk altogether, but there are ways to think about this in money management that make sense for you. An example of diversification will be discussed in depth, including how mutual funds can smooth out risk, and you will hear about how you can start to learn this through your research! In case you want to watch the vid...

Intuitively, you know money management can have risks. Many experts will explain that diversification is a way of mitigating risk. While that is true, the best tool is always to learn, whether winning or losing. But before you get to the results, do your homework on any investment.   In all my years of investing and managing my portfolio, I would read about an investment until I felt comfortable,...

Are you looking to learn more about investing and money management? This is an excellent source of information for a person just starting to learn about financial matters! The podcast asks you to learn in a proactive and safe way, so start listening today! In case you want to watch the video instead, here is the link to you TouTube channel video: https://youtu.be/iNs0STy15GM