Save Like Dave Podcast

In this episode, you will learn some practical tips that will help you to keep your ‘financial house’ in order. Personally, Dave has implemented all these tips and they have taken the stress out of that part of his life.  For instance, do you find that every year around tax time you start to feel your blood pressure rise and you stress out more than normal? ...You have to go find all those receipt...

Today, Dave will give you 10 specific things you can do to win with money... And along the way, you may very well become a millionaire! Dave receives emails asking for advice on finances on a regular basis and he is always happy to respond.  He's so encouraged that you all are choosing to change your financial habits and win with money 🙂. One of the themes Dave frequently sees is something like "...

These past couple of years have been hard on all of us.  With a worldwide virus raging throughout the world, many lives were lost, millions had to change how they worked, and many others lost their jobs completely as we all experienced a once-in-a-century phenomenon. With that gigantic disruption, many experienced final loss and disruption to their normal way of life - financially speaking. Today,...

Do you have your financial house in order? Unfortunately, only 27% of Americans have a financial plan. Let's hope you are better than the majority. In this Podcast episode, Dave discusses 3 things you can do right now to get your financial house in order. All three are essential if you want to win with money. For instance, you can't progress financially and live at peace if you are constantly gett...

So you think you can put off saving for retirement because Dad and Mom have already told you that they will leave it ALL to you when they're gone? Or maybe you're really close to a RICH UNCLE… or AUNT. You just know there’s something coming your way… Well, maybe it's time to think twice. Listen in on this episode as Dave has lots of important things to consider before you put all your faith in you...

75% of Americans live paycheck to paycheck! Just 25% of all people make a budget and plan their finances. Today Dave is going to talk about the subject of making a budget and WHY it’s SO important in helping you win with money. In this episode, we want to share some really good reasons to have a budget and hopefully, by the end of the episode, YOU will be on board with us and decide once and for a...

“If you find a job you love, you’ll never work again...” That quote is attributed to Winston Churchhill and we wholeheartedly agree.  Today, Dave is going to tell you about his career, the ups and downs, and more importantly, why it’s SO IMPORTANT to find a career that you love. You see, Dave worked for 30 years in a job that he didn't love. That job paid the bills and allowed for some extra money...

Today Dave is going to share a pretty amazing story of someone who is so frugal that she saves ½ of her income!  The thing that is truly amazing is what she was able to do with that extra savings!  Being frugal changed her life dramatically and gave her an amazing quality of life. Listen in to this story as Dave shares how one person retired at 28 years old making over $8k/month PASSIVELY. Sounds...

Did you know that 50% of people retired before they would have liked to? This could be due to layoffs, caregiving responsibilities, an unexpected change in their financial situation, or perhaps even health issues. That’s a huge number! 1 in 2 chances it could be you, right? In today's episode, Daves shares some important retirement statistics that you need to consider. Many people are working hard...

At age 12, Mark Cuban sold trash bags door to door. Further on, he owned a bar after college and he later hit it really big when in 1995 he sold his company Broadcast.com to Yahoo for $5.6 billion dollars! Now you could say Mark Cuban is a lucky man and indeed he is. However, if you thought that, you may have missed the main point.  Sure he was ‘lucky’, but if you read between the lines, he solved...

Have you ever heard of Mark Cuban? Or better yet, Shark Tank?  I’m guessing that if you do know who he is, it may be because of seeing him on TV with Shark Tank. Mark Cubans is a world-famous entrepreneur and the owner of the Dallas Mavericks basketball team. In this episode, you're going to learn REAL ways to win with money as Dave shares some amazing financial advice from Mark Cuban. Mark built...

If you invested $250 per week for 30 years and averaged 7% in a tax-deferred account, you’d have over $1.2M dollars at the end of those 30 years.  Today, Dave is going to explain what the time value of money is and how it can affect you both positively OR negatively depending on what you do with your money.   The time value of money is a very interesting subject and one you would want to know at l...

11% of workers plan to retire at age 55.  Are you one of them?  You get Dave’s vote if you do, however at the same time, it’s important to think it through though. Otherwise, you may be in for some unpleasant surprises, and financially speaking that could ruin your dream retirement.  Hear what Dave has to say on today's episode. Sounds amazing to retire early, doesn’t it? Well, it can be, but befo...

Did you know that ‘sweat equity’ is tax-free? If for example, you and your spouse buy a fixer-upper, work hard and bring it back to life and then sell it 2+ years later, any gain up to $500K is free for the two of you. Today, Dave is going to share 6 great ways to save money by not paying taxes. All these 6 ways are amazing and completely legal thanks to the U.S. government. Look out, there just m...

74% of teens don’t feel confident about their financial education! Well that’s not very encouraging, is it?  Surprise, all is not lost, there is some good news regarding today's teenagers! Today, Dave will share what that is all about and why SOME are winning with money... And guess what, YOU may even learn a thing or two about money from these teenagers! Listen to this episode and you will learn...

17 out of every 100 people are millionaires at 65. There is a very good chance that you are friends or have a relative that is a millionaire. The question today is do YOU want to become one? Today Dave will discuss 10 ways to help you win with money and make it to that special million-dollar threshold. As you'll find out in the episode, it’s not all: save, save, save. It also means cutting expense...

In today's podcast episode, we discuss what it means to be average financially speaking vs. where you stand in the median group.   There is a big gap between the two and today we will focus on those median numbers (the number right in the middle of the highest and the lowest number).   You see, the average numbers are the total of a group averaged into one and those numbers can be skewed wildly if...

1984 was the year Dave first began to keep track of his finances with the help of a Net Worth Statement. Every year since, Dave takes an hour or so on the first week in January and determines that number.  Now 35+ years later he has a simple 1-page record of what his net worth is. That first year it was just $50K. In this episode, Dave is going to explain what a Net Worth Statement is and why it’s...

I know a couple who both have a great job in sales and have an awesome salary, are married, have 2 kids, and have a house with a picket fence. Many people would say that they have got it all figured out. Their family is a success, they are living the ‘ American Dream ’.  Well on the outside they were, but on the inside, they were drowning in debt. In this episode, learn how minimum payments change...

It doesn’t really matter what age you start to save, what matters is that you do it. It’s never too late or too early to start saving.   Let me put it another way, it’s not ‘how much should I save,' but it should be ‘how much can I save’? Today, Dave is going to tell a story about a good friend that, unfortunately, has not been able to win with money. He'll also share how he would have done it dif...

According to Time magazine, it is estimated that for a millennial with 40 years until retirement, $1 million in savings is not likely sufficient. Taking into account 3% inflation over that time period, it would be worth just $306,000 in today's dollars. See, if you are young, because of inflation, that $1 million will be considerably less in purchasing power in say 40 years. In other words, if you...

Saving money for retirement can be difficult. For one thing, it seems SO far off. Many people tend to kick the can down the road a bit longer than they should and then at retirement they are not happy with the results. At age 30, the average American has saved $45K for retirement. At 40 it’s $63K, at 50 it’s $124K, and at 60 it’s $172K.  Are YOU AVERAGE? Today I’m going to show you how YOU can sav...

Your life is to a large extent the sum of all your habits – good or bad. Research has shown that over 40 percent of what you do is habitual. It takes on average 21 to 66 days to fully learn a habit. Do you have what it takes to make saving money a habit? Here are 6 steps to change your behavior according to the International Journal of Behavioral Nutrition and Physical Activity, and other sources:...

A recent study shared that people between 18 and 37, Generation Z and Millennials, are saving nearly 16% of their annual income away for retirement, including employer contributions. That is amazing! Now, are you one of them? If not, don’t despair, today Dave is going to share money hacks, and if YOU are willing to implement them,  they can change how you think and live financially. In this episod...

Less than a third of parents educate kids about saving money for retirement and only 30% of parents teach about investing money with their kids. Those statistics are not so good!  Maybe you are one of those kids that just didn’t get the information you needed on basic finance. Schools are really challenged to teach all that is needed for a student to succeed in life and, unfortunately, financial l...