Money Plan SOS - Personal Finance for Everday Americans

#27: John Riley is the US Director of Volunteer Ministries at Crown Financial Ministries and has his eyes on Heaven in 2011. He serves a number of people at Crown who give of their time freely to churches, businesses, and schools in order to produce a true financial peace and freedom. In short, he supports Financial Coaches who help teach Americans how to manage their money God's way. For more...

#26: The step-by-step plan to build a house of Financial Freedom: 1. Work 2. Plan 3. Give 4. Pay for necessities 5. Save $1,000 6. Pay for a few wants 7. Pay off all debt (except mortgage). 8. Save 3-6 months of expenses 9. Save for short-term purchases (repairs, vacations, etc..) 10. Invest wisely 11. Pay off the house 12. Build wealth in order to give a bunch of it away Visit the show notes to d...

#25: The Great Recovery was simulcast all over America on July 21, 2011. Dave Ramsey called out to Church Leaders and Financial Peace University Coordinators all over America to inject a spirit of hope into our congregations, communities, and our country. The answer won't come from the Government, it certainly won't come from the President, it won't even come from Dave Ramsey himself -...

#24: In this Real Life Case Study episode we help a young, single, male college student going off to an out-of-state college this fall. His tuition is paid for and he will be getting a stipend that will cover most of his expenses. So why is this a case study? He already has $90K in student loans. Ouch. Today's guest is NOT a Financial Coach, yet he is uniquely qualified to speak into this coll...

#23: You need to save money. Once you have learned to live on less than you make, what do you do with the extra money? First thing for anyone (whether in debt or not): Have $1,000 in cash put aside for emergencies. When you hit that $1,000 amount, say to yourself out loud "I saved A THOUSAND DOLLARS". Go ahead and practice now. Pretty powerful, huh? Then what? You need to set some Savings...

#22: One giant choice we can make to get control of our money is to stop using credit cards. It may seem impossible but the steps I've laid out in this 4 part series gives anyone some time to work the process and even start back over again if they mess up. Step 1 - Take the cards out of your wallet, put cash in your wallet Step 2 - Delete credit card numbers from all online accounts, use your...

#21: In this Real Life Case Study episode we talk about a couple who have $57,000 in credit card debt and $23,000 in student loan debt. They bring home $4,500 a month but are behind with 8 of the 13 cards and are beginning to worry about being sued. It is a scary time for them and they didn't have a MoneyPlan. Our guest coach is Kelly Brantley from Financial Freedom Counseling Service in Rusto...

#20: Living Without Credit Cards takes more than just a pair of scissors and going cold turkey. This episode walks us through Step #3 to wean us off our dependency on plastic. Here is a recap of the steps so far: Step 1 - Take your cards out of your wallet and put cash in your wallet instead. Step 2 - Delete credit card numbers from your online accounts and use BillPay for online payments. Step 3...

#19: We can't really live or give at our full potential unless we stop borrowing more money and eliminate debt. One of the first things we have to do to pay off debt is to stop borrowing more money. That means weening our dependency away from credit cards and using cash or debit. This episode covers Step #2: Delete your credit card numbers from all online accounts. Some cool side effects of th...

#18: This is a real life story of a couple with four children who were normal Americans, made a lot of money, and enjoyed life. They had two cars with payments, a 2nd mortgage, spent $1,000 a month on dining, paid off credit cards with 401K loans, and thought they were doing great. But one of their four children caused them to sacrifice all that "living". Bob and Jen share their story of w...

#17: Americans are dependent on their credit cards. But you can live without credit cards, it just takes some time and effort. In this episode we talk about the very first action step you need to take. It's the hardest step to take, even though the action is very easy - it's just hard to stick to it. We also discuss a solution or substitution on what to do instead of using plastic by talki...

#16: Financial Coaching at it's best from America's Personal Finance Architect, Steve Stewart. Helping everyday American's build a solid foundation on which to build their financial lives. In today's episode: Jon White from JWFinancialCoaching. Wordpress.com offers this article about the DOs and DONTs for engaged couples. Did you listen? Then go to the Facebook FanPage "Ask Mon...

#15: In our Real Life Case Study we are joined by Matt and Janelle Wegner, a married couple with their own podcast called Living In Financial Excellence (LIFE). For more information, visit the show notes at https://moneyplansos.com/015-mpsos/

#14: I am often asked - Steve, how can I become a Dave Ramsey Coach? I'm no expert, but I can direct them to some incredible resources. Two of them come from Justin Lukasavige, Storywriter at CoachRadio.tv and author of Become A Coach. In this interview I ask Justin about who should become a coach, how to make it work as a business, and what are the liabilities in being a Financial Coach. We a...

#13: Leverage is a term used in the housing industry, but everday Americans Leverage themselves all the time and don't realize it. For a full list visit https://moneyplansos.com/013-mpsos-leverage-and-quarters-for-lotto/ The music intro is BREAKFAST WITH ZUES by CRESSIDA and it's KICKIN!

#12: Coach Melissa Cappleman and I discuss the challenges of a single mom who is doing it all by herself with two children in private school but living in overdraft. There are some choices she can make to completely regain control and make a difference for herself, her future, and her children's futures. For more information, visit the show notes at https://moneyplansos.com/012-mpsos-real-life...

#11: Have you ever been totally derailed by something that just threw you off balance? That's what happened to me over the past few weeks. I had to stop, get back up, and start moving forward again. In the first segment, I talk about those weird things that derailed me. Also, updates on a listener's email: Do I tithe on Unemployment? Holla From The Impala: Rapscallion or God's Helper?...

#10: One of the most common questions I get from Christians is "Should I Tithe while in debt"? This episode discusses that topic in depth. For a full list of notes and resources https://moneyplansos.com/010-mpsos-should-i-tithe-while-in-debt/

#9: We present a real life couple's real life financial challenges and give real life answers to the choices they can make when they feel there is nowhere to turn. In this episode we talk with Gregg Pechmann, America's Financial Freedom Coach at PechmannCoaching.com, who went through 7 SHORT SALES and lived to tell about it. He shares his wisdom in this case where a couple has a high incom...

#8: Michael TechTalk Kastler was fired just before Christmas. He asked for The First 5 Things You Should Do When You Get Fired. I didn't really answer his question but gave my thoughts on what to do when there is a job change in your future. You can listen to Michael's passion, talking about Technology, at http://TechTalk. WRLR.FM Also: Holla From The Impala - A Gallon Of Gas And finally:...

A podcast James Bond would be proud of. Well, not actually. In today's show: 7 tools and tricks to keep you maintain control of your money and not get TRAPPED by marketing and consumerism! For a full list of resources and notes, go to https://moneyplansos.com/007-were-not-talking-bonds/

#6: Dave Ramsey Trained Financial Coach, Josh Levitt, joins me in this Real Life Case Study. We talk about why married couples share checking accounts, how they can use the envelope system, and does it make sense to sell the house to get out of debt? For more information, visit the show notes at https://moneyplansos.com/006-mpsos-real-life-case-study-with-josh-levitt/

#5: I've boiled the process down to the simplest elements and have come up with a signature process that will Show how far your money can truly go Foster communication between you and your partner/spouse Expose your true priorities – to yourself! For more information, visit the show notes at https://moneyplansos.com/005-mpsos-the-absolute-simplest-budget-that-works/

#4: There are 5 things that need to be in place before paying off debt and saving for the future: Get on the same page with your spouse or accountability partner Commit to never borrow money again. No more debt Prepare a written budget or spending plan TEMPORARILY stop saving money Get CURRENT on the necessities and bills/payments For more information, visit the show notes at https://moneyplansos....

#2: There are three things anyone can do that will help lead them onto a path of financial freedom and become rich. Also, Holla From The Impala: I'm Spoiled!!! ... and The Black Pebble story. For more information, visit the show notes at https://moneyplansos.com/002-mpsos-three-things-that-help-make-you-rich/