The Financial Mirror

Health Savings Accounts (HSA) and Flexible Spending Accounts (FSA) are more often than not something you know of, but truly don’t understand what exactly it is. Better yet, you may know exactly what it is, but do you know how to best apply each to your current situation? Well that’s where this weeks episode is here to help. This week I discuss the HSA and FSA, not only giving you an understanding...

Reaction and Reply are two words that can in some instances be used completely interchangeably. However, did you ever stop to think about how which one you choose plays a huge role in your life? Well I am here to tell you, during this episode, that which one you choose DOES INDEED play a huge role in your success in life. In fact, choosing one in particular actually helps draw up the blueprint for...

Get Rich Quick? Multi Level Marketing? Meme Stocks? FOREX? Cryptocurrency? All of these things are invading your news feeds and showing people ways that “THEY CAN BE RICH”. However, there is so much wrong with this statement and it can be very mis-leading. The problem lies in the fact that people are actually buying into it (literally buying into it) just to find out that it was not everything tha...

When you think about wealth, what is the first thing that comes to your head? I mean, be honest.. What are you thinking about right now as I am talking about wealth. For most people when they hear the word wealth they think of nice clothes, expensive cars, big houses, luxury vacations, etc. Pretty much anything that costs more money than most have, those tend to be identifiers of wealth. The mind...

If you have been here for the entirety of this series, I appreciate it, and hope that you have taken so much knowledge away from this. We are now at the last step of this get out of debt series, with this week's episode all about speeding up this debt free journey. If you watched/listened to last week’s episode you saw that it could take months or years to get out of debt depending on how much you...

We are over ½ way complete with our get out of debt series as we are walking this journey together. This is the episode where the rubber meets the road and we actually build out our roadmap to when we can expect to be able to claim that we are debt free. The important piece to remember is that is it is not a matter of IF but WHEN you will be debt free. These calculations don’t take you being some...

Here is the second part of this 4 part series that I have put together to walk you through getting out of debt. Now that you are through Step 1 and know how to get your mindset right, it’s time to analyze what your current debt situation looks like with these 3 easy steps. Once we complete these steps, you will be on your way to building your Get Out Of Debt (G.O.O.D) Roadmap that you will use to...

Today I am starting a 4 parts series that will walk you through the journey of getting out of debt. While getting out of debt can be challenging, take much longer than most would like, it is all so worth it in the end. While you may think that you don’t make enough money or will always be in debt, I want to show you that both of those thoughts are simply not true. For this first step in this journ...

Let me ask, how old are you? Okay seriously it doesn’t matter, or does it? Well in this episode it does. No matter where you are in life, there are things that you could be working on to ensure that you are setting yourself up for Financial Independence. The one thing that I always preach is that retirement is a “deliberate effort event”, meaning, it takes steps that you have to make intentional e...

Today is the first time that I have done an episode like this. I am going to react to one of CNBC Make It’s Millennial Money Episode that follows a family in Hilo, Hawaii that makes $83K a year. I am going to perform my analysis of this family of what I see based on the information provided in the video. I thought this would be extremely helpful as it can give you a solid approach to how you can m...

Inflation is continuing to become a growing concern in the United States as the May consumer price index reached 5%. This can be noticed by the current data that comes from a national poll that shows that 7 in 10 Americans currently have a concern over inflation and how it is being handled. On June 16th, the FOMC (Federal Open Market Committee) stated that they would maintain interest rates where...

Identity theft is increasing in popularity and profitability. As more systems, applications, and ultimately our lives switch to becoming digital, attackers are starting to notice. As of 2020, you have a 1 in 20 chance of falling victim to some kind of identity theft and with that kind of probability, it is something that should be considered. The great part is, there are things you can do to lower...

AMC, WallStreetBets, Gamestop, Workhorse, Clover Health, etc,  the list goes on and one. The stock market is changing as more retail investors are jumping on board to build up the momentum to move stocks by joining together. This is something that has gained a lot of traction as interest in the stock market has grown since COVID put a lot of people in their home for months, many stocks puttin...

As we are quickly approaching the halfway point of this year, I want to take the time to do a quick personal life check on each and every one of my listeners. 80% of people that created a new years resolution have already abandoned it, but what if I told you that you don’t really need a resolution to continue to improve yourself. That’s right, just the simple act of taking deliberate action to inv...

If you haven’t heard of cryptocurrency you would fall into the saying of “have you been living under a rock”. Okay, in all seriousness, cryptocurrency has been around for over a decade now and it continues to prove that it is here to stay in the market and has filled a niche that many people desire. Most people are not even sure what cryptocurrency is, other than it’s name of course, yet they are...

Inflation is something that has turned to be a hot topic in the recent weeks. The recent statistics show that we have just hit a consumer price index of 4.2% which is the highest we have seen in 13 years. While this doesn’t mean that panic should be set in and you should begin running around not knowing what you're going to do and letting this keep you up at night. However; it is important that yo...

80% of Americans are in debt.. Yes, that’s A LOT!! 39% of Americans don’t even know what the APR (Annual Percentage Rate) of their Credit Card actually is. This is leading me to say that APR is something that is almost becoming a buzzword or just a term that is thrown around. Stop and think with me for just a second, could APR be something that is keeping me from being where I want to be financial...

Purchasing a home can be a huge step in anyone's life. This can be shown as for most, this is by far their most expensive purchase they make in their lifetime. Roughly 72% of people have buying a home as a top financial priority, therefore, there is a 72% chance this video will be just what you need to get your questions answered. This week, I sit down with Dylan Nonaka, Broker in Charge at The Ag...

The month of April is all about Financial Literacy!! Here at The Financial Mirror, we are doing a series around increasing your financial literacy and jump starting your financial journey to get to where you want to be. In this video, We are wrapping up the series with focusing on 4 easy to follow steps that will set you up for success to achieve YOUR Financial Freedom. If you will do these 4 thin...

The month of April is all about Financial Literacy!! Here at The Financial Mirror, we are doing a series around increasing your financial literacy and jump starting your financial journey to get to where you want to be. In this video, I am going to build on the first two episodes in this series, Financial Goal Setting & Make Your Financial Plan (links below). This week we are going to dig into...

The month of April is all about Financial Literacy!! Here at The Financial Mirror, we are doing a series around increasing your financial literacy and jump starting your financial journey to get to where you want to be. In this video, I am going to build on last week’s episode, Financial Goal Setting. This week we are going to dive into building the plan to achieve the goals that you set last week...

The month of April is all about Financial Literacy!! Here at The Financial Mirror, we are doing a series around increasing your financial literacy and jump starting your financial journey to get to where you want to be. In this video, I am going to talk about financial goal setting, this being the first and in my opinion, most important part of your financial journey. I don’t care where you are in...

Today’s episode is all about showing you that you don’t need this lump sum of money to get started investing. In this video, I am going to teach you a strategy that you can begin to use today to start growing your money through investments. I don’t care if you have $5, $10, or $100 to invest monthly, this strategy will help you grow that much more than a neighborhood bank savings account can provi...

Today’s episode is all about the big discussion of rich or poor mindsets. In this video, we are going to look at the true characteristics of these two mindsets, allowing you to determine a baseline of where your mindset is. Where you are financially is driven solely by the mindset you have around the decisions you make in life. Once you have discovered where you stand, I will walk you through some...

Today’s episode is the first live interview here at The Financial Mirror. In this video, we sit down with Kyle, an author, an IT professional, and, more importantly, an average everyday guy who started out with no thought or control of his finances. He's gone through many phases: from humble beginnings, living across the globe, getting burned in the market, and treading water in the financial stat...