Townley's Money Basic$

After 27 episodes and almost 150 downloads I am getting feedback!  Time to make some adjustments going forward.  Support the show https://www.buzzsprout.com/1768523/support Email - townleytech@gmail.com LinkedIn - @shawntownley Twitter - @shawntownley Web - https://shawntownley.com

Credit is a way for you to buy something before you can afford it. Credit is sometimes necessary for big ticket items, but maybe it should not be taken likely in your financial future. What credit do you currently have? Time to find out. Support the show https://www.buzzsprout.com/1768523/support Email - townleytech@gmail.com LinkedIn - @shawntownley Twitter - @shawntownley Web - https://shawntown...

Nobody likes taxes, but they are essential to provide the items we need in society. Someone has to pay for schools, roads, lighthouses and the military. Could you imagine hiring your own personal military to protect you? Support the show https://www.buzzsprout.com/1768523/support Email - townleytech@gmail.com LinkedIn - @shawntownley Twitter - @shawntownley Web - https://shawntownley.com

This week challenge is a review of our 50/30/20 spending plan. Every once in a while we need to make sure our spending plan is setup to help us achieve our goals. Is your spending plan in line with your goals? Support the show https://www.buzzsprout.com/1768523/support Email - townleytech@gmail.com LinkedIn - @shawntownley Twitter - @shawntownley Web - https://shawntownley.com

Do you know how many monthly subscriptions you currently have? Do you know how much you are spending on those monthly subscriptions? It’s time to make a list and see what the real cost of monthly subscriptions are having on your 50/30/20 spending plan. Support the show https://www.buzzsprout.com/1768523/support Email - townleytech@gmail.com LinkedIn - @shawntownley Twitter - @shawntownley Web - ht...

It’s time to dream BIG!!! The most fun part of the 50/30/20 spending plan is the 30% Wants bucket. Here is where you can upgrade your lifestyle after you have taken care of the Savings and Essentials splurge on those wants! Support the show https://www.buzzsprout.com/1768523/support Email - townleytech@gmail.com LinkedIn - @shawntownley Twitter - @shawntownley Web - https://shawntownley.com

Part of our 50/30/20 plan is retirement. Pay yourself that 20% before you do anything else! We breakdown how to get possibly get free money from our employers and to put ourselves in a position to retire on our own terms.  Support the show https://www.buzzsprout.com/1768523/support Email - townleytech@gmail.com LinkedIn - @shawntownley Twitter - @shawntownley Web - https://shawntownley.com

This week I want you to take some time to write down your essentials. These essentials are what you need to survive in the event you lose your job or other income. This will be the starting point for determining our emergency fund. Support the show https://www.buzzsprout.com/1768523/support Email - townleytech@gmail.com LinkedIn - @shawntownley Twitter - @shawntownley Web - https://shawntownley.co...

How do you make money when you don’t go to work? You invest! Let’s take that money you saved and put it to work for you! Support the show https://www.buzzsprout.com/1768523/support Email - townleytech@gmail.com LinkedIn - @shawntownley Twitter - @shawntownley Web - https://shawntownley.com

In this week’s challenge we talk about finding ways to pay ourself first. There are many ways to automate this process so it doesn’t even feel like you are missing money! Tell me how you pay yourself first. Townleytech@gmail.com, LinkedIn @shawntownley, ShawnTownley.com. Support the show https://www.buzzsprout.com/1768523/support Email - townleytech@gmail.com LinkedIn - @shawntownley Twitter - @sh...

Credit. Buy now pay later. It is so easy today to take possession of a new item in exchange of future debt (plus interest). Understand for that instant gratification you are exchanging debt (liability) that will need to paid later at a cost to your goals. Support the show https://www.buzzsprout.com/1768523/support Email - townleytech@gmail.com LinkedIn - @shawntownley Twitter - @shawntownley Web -...

We listed out assets. We have listed our liabilities. It’s time to put it together. Assets - Liabilities = Net Worth Support the show https://www.buzzsprout.com/1768523/support Email - townleytech@gmail.com LinkedIn - @shawntownley Twitter - @shawntownley Web - https://shawntownley.com

One of my favorite topics about money is MAD MONEY. Why do I like it? Because that is your guilt free spend it however you want money. It is the secret to living a healthy life with your money. Support the show https://www.buzzsprout.com/1768523/support Email - townleytech@gmail.com LinkedIn - @shawntownley Twitter - @shawntownley Web - https://shawntownley.com

Weekly Challenge #7 - Liabilities. Today we start to find all of those money commitments we have. This is the second part of the Net Worth equation. Gather them up and let’s see what happens next week.  Support the show https://www.buzzsprout.com/1768523/support Email - townleytech@gmail.com LinkedIn - @shawntownley Twitter - @shawntownley Web - https://shawntownley.com

This week we are talking net worth. Time to gather all your assets and liabilities and see how much we are worth in money.  Support the show https://www.buzzsprout.com/1768523/support Email - townleytech@gmail.com LinkedIn - @shawntownley Twitter - @shawntownley Web - https://shawntownley.com

So far we have talked about cash flow. Money in. Money out. Time to step back and look at the bigger picture- net worth. This week we look at assets we own. Make a list and start the journey to understanding net worth. Support the show https://www.buzzsprout.com/1768523/support Email - townleytech@gmail.com LinkedIn - @shawntownley Twitter - @shawntownley Web - https://shawntownley.com

We have talked about income, expenses and savings. Time to bring it all together in a plan! A spending plan. This is the recipe to success in money. It’s not get rich quick, but it is a practical guide to moving from working for money to having money work for you. Support the show https://www.buzzsprout.com/1768523/support Email - townleytech@gmail.com LinkedIn - @shawntownley Twitter - @shawntown...

We now have 4 weeks of data to analyze. Now its time to see the patterns forming daily, weekly and now monthly! Knowing is half of the battle to being able to take the next steps in your financial journey. Support the show https://www.buzzsprout.com/1768523/support Email - townleytech@gmail.com LinkedIn - @shawntownley Twitter - @shawntownley Web - https://shawntownley.com

It’s time for the worst kept secret in money - savings. We all know it, but sometimes it is difficult to do what is good for us. If we develop the habit of paying ourself first many doors of opportunity will begin to open. Support the show https://www.buzzsprout.com/1768523/support Email - townleytech@gmail.com LinkedIn - @shawntownley Twitter - @shawntownley Web - https://shawntownley.com

In this weekly challenge we are setting the foundation for the rest of our financial knowledge by tracking our cash flow.  Support the show https://www.buzzsprout.com/1768523/support Email - townleytech@gmail.com LinkedIn - @shawntownley Twitter - @shawntownley Web - https://shawntownley.com

If income is all about offense then expenses is about playing defense. In this episode we talk about the three different types of expenses: essentials, wants and savings. Support the show https://www.buzzsprout.com/1768523/support Email - townleytech@gmail.com LinkedIn - @shawntownley Twitter - @shawntownley Web - https://shawntownley.com

Welcome to Townley’s Money Basic$ weekly challenge! Now that we have started tracking and Giving transactions categories start looking for patterns in your money. Let me know your thoughts. Send your comments to townleytech@gmail.com. Check out my website at Shawn Townley . LinkedIn: www.linkedin.com/in/shawntownley Support the show https://www.buzzsprout.com/1768523/support Email - townleytech@gm...

In this episode I talk about two different types of income: active and passive. Let me know your thoughts. Send your comments to townleytech@gmail.com. Check out my website at Shawn Townley . LinkedIn: www.linkedin.com/in/shawntownley Support the show https://www.buzzsprout.com/1768523/support Email - townleytech@gmail.com LinkedIn - @shawntownley Twitter - @shawntownley Web - https://shawntownley...

Welcome to Townley’s Money Basic$ weekly challenge! Now that we have started tracking, start thinking about categories for your money. Let me know your thoughts. Send your comments to townleytech@gmail.com. Check out my website at Shawn Townley . LinkedIn: www.linkedin.com/in/shawntownley Support the show https://www.buzzsprout.com/1768523/support Email - townleytech@gmail.com LinkedIn - @shawntow...

I talk about what money actually is.   I explain the different types of money and the fact that money is not good or evil. Let me know your thoughts. Send your comments to townleytech@gmail.com. Check out my website at Shawn Townley . LinkedIn: www.linkedin.com/in/shawntownley Support the show https://www.buzzsprout.com/1768523/support Email - townleytech@gmail.com LinkedIn - @shawntownley Twitter...