Crushing Debt

What is the number one reason people file for bankruptcy? What famous celebrity lists his 20-year-old money mistakes? Are we getting deeper in debt as inflation boosts costs? On this week's episode we discuss these topics and more.  You can find the articles we reference at these links: The #1 Reason People Go Bankrupt by Rachel Cruz on YouTube: https://www.youtube.com/watch?v=A2LrrNTQ1oo Nearly H...

What are the five money rules you should follow while you're still young, or "regret it later in life"? We recently read an article written by Morgan Housel for CNBC. You can find the article here: https://cnb.cx/35yNVut While the article has some great tips: (1) live below your means, (2) money disputes and relationship disputes, (3) avoid debt, (4) affordable services, and (5) career - let's jus...

Was the "Great Resignation" caused by COVID-19? How can you decrease the likelihood that good employees will leave? How can you decrease the likelihood that terminated employees may sue? How can you find and keep happy employees? Attorney April Goodwin, of The Goodwin Firm, joins Shawn and George today in studio to talk about finding and keeping happy employees. April's practice focuses on employm...

What is "full coverage" with regard to car insurance? What coverage is required under Florida law? What coverage should you have?  Or avoid? In this week's episode of The Crushing Debt Podcast, we talk to Walt Blenner of Blenner Law Group about the different types of auto insurance coverages, subrogation, fault and no-fault, and what happens to insurance when the driver is ticketed (or not). Walt...

What would you do with an extra month this year? Every year? How is your cell phone costing you time when you could instead be making money? How can you trade money for time? This week's guest is making her fifth appearance on the show! Our friend Tiffanie Kellog is back to talk about her program 13 Months a Year! Tiffanie helps her clients MAKE MONEY, SAVE TIME and have FUN! Whether sharing her e...

As housing prices have appreciated, we have seen less foreclosures and short sales - they're not gone, but clearly reduced in number recently. The trend we've seen in an increase in other types of lawsuits with the increase in property values. In particular, I have many more partition lawsuits in the office than I did a year or even six months ago. In a partition lawsuit, two co-owners are fightin...

The Personal Finance Education Bill (HB 1054) became law in Florida as of July 1, 2022.  The new law requires a financial literacy course as a prerequisite to high school graduation. George and I were thinking, if we designed the course, or if Governor DeSantis consulted with us to design the course, what are the top five things we would include (and then we thought up a few more). How to balance...

When should we teach financial literacy lessons to our kids, and what should we teach them? What does "financial literacy" really mean? What are the common financial problems people are facing today? Why do so few states teach personal finance in public schools? Today's guest on the Crushing Debt Podcast is Vince Shorb, one of the country's leading advocates for promoting financial wellness and a...

If someone owes you money and files bankruptcy, how do you get paid? What is the role of the bankruptcy trustee? How does the bankruptcy trustee value assets? This week's episode is great question by one of our listeners, and former guests Mechiel Kopaska, who sent us a question about how the bankruptcy trustee pays out creditors in a bankruptcy case. You can hear Mechiel's episode here: https://y...

The Fed raised interest rates. What does that mean for you? In this week's episode of The Crushing Debt Podcast, we discuss: The Fed's rate increase and its impact on inflation and interest rates. What you can do to curb the impact of inflation on your finances. Governor DeSantis's veto of the increase of the automobile exemption to $5,000. and other topics. You can find the article we discuss at...

Why are money myths so popular on social media? How can you avoid falling prey to the "get rich quick" messages? How do we convince the younger generation to save and invest? This week's guest on The Crushing Debt Podcast is Rachel Nohlgren of Mustard Seed Advisors of Raymond James. Rachel began her career in financial services in 2005, earned her Series 7 security license in 2011, and became a pa...

Do you know how to find the mistakes in your medical bills and then fix those mistakes? Do you know how to find the mistakes in your medical coverage and then fix those mistakes? Knowing those two things could save you hundreds or thousands of dollars on your annual medical expenses! This week's guest on the Crushing Debt Podcast is Dr. Virgie Bright Ellington, author of the Crush Medical Debt boo...

What can you do to get out of a financial rut? How do you save for vacation? How can you get out of debt? We welcome back George Curbelo of Curbelo Financial Coaching. As a financial coach, George helps you create a judgment-free environment that will help guide you from struggling to thriving with your money! We discuss the questions above and more on this week's episode. For more information, or...

What happens when life gets in the way - winning the lottery, sending kids (or yourself) to college, new babies, marriage, sickness, loss of job or income, divorce, and other life events? This week's guest on the Crushing Debt Podcast is George Curbelo of Curbelo Financial Coaching. As a financial coach, George helps you create a judgment-free environment that will help guide you from struggling t...

What will be the impact of blockchain technology on real estate transactions? What role will title companies play in a closing in the future? What are smart contracts in Real Estate? My guest this week on the Crushing Debt Podcast is a fellow alumni of Cumberland School of Law at Samford University in Birmingham, Alabama, where she still resides today. Megan Templeton is a contract attorney with S...

Why is the majority of the mortgage industry geared against the self-employed business owner? Why is it more difficult to get a mortgage when you're self-employed? What types of real estate loans are available to business owners? On this week's episode of The Crushing Debt Podcast, we talk to Alejandro Szita, a California mortgage broker and real estate broker since 2005. Alejandro is the co-owner...

What is the difference between owning land versus owning a house? How can you create passive income using raw land investment? Today's guest on the Crushing Debt Podcast is Mark Podolsky, the Land Geek.  In today's episode, Mark and I talk about his journey into the world of buying, selling and leasing raw land as an investment. Mark has actively invested in real estate and raw land for almost twe...

How do you create safe, reliable, passive income from the stock market? How is crypto-currency going to massively change our lives? Why is mindset 90% of investing? My guest this week is Mark Yegge, the Wealth Architect. Mark is a lifelong learner, author, course creator, mentor and fund manager. He has traded over $14 Billion worth of securities. Using his experience and expertise, Mark is on a m...

My guest this week lost $50 million in the 2008 Great Recession real estate crash and has recovered! How did he do it? Will the market crash again? What do you say to someone (or to yourself) who is allowing the fear of another 2008-like crash from investing in real estate? My guest this week is Rod Khleif, a real estate investor, podcast host, author and philanthropist, who gained his education t...

What do the wealthy do differently in regards to their money and their investments? Why would you not want to put your money in a 401k? This week's guest on The Crushing Debt Podcast is Stephanie Walter, CEO of Erbe Wealth. Stephanie is a legacy cash flow specialist, capital raiser, syndicator and real estate investor. Stephanie's passion is teaching people to "unlearn" what most of us have been w...

How much money does your spouse make? What about your significant other? What about your roommate or kids? Many clients get confused that bankruptcy is based on their income alone. Unfortunately, when someone files bankruptcy, whether they can file Chapter 7 or 13 is based on the household income whether or not the spouse, significant other, roommate, etc. files bankruptcy. Unfortunately, this can...

Should you pay off your car prior to filing a bankruptcy? Should you pay off your car even if you're not contemplating bankruptcy? If you're in bankruptcy, and circumstances change, should you dismiss your case, or convert to another chapter in bankruptcy? Can you even do that? I think I got my sound fixed from last week's episode, proving that even veteran podcasters get mixed up from time to tim...

Episode 313 of the Crushing Debt Podcast means Week 1 of Year 7 of content!! Plus we're back in the office after taking my recording equipment home after COVID shut everything down in March 2020 (although I understand I may need to tweak my sound). I'm speaking again at Podfest 2022 in Orlando and have the ability to take up to FIVE (5) listeners with me FOR FREE. If you're interested in a free ti...

Do you want improved quality of life? Do you want to get a handle on any financial challenge or problem? Do you want an objective third party to help with financial decisions, or a guide to ease your financial decision-making? Our guest on the Crushing Debt Podcast this week is Financial Coach, Dan Bobick. Dan is NOT a financial advisor, he is the owner of Money Works Coaching, a company focused o...

Work Smarter, Plan Better, Play Louder is the mantra of this week's guest on the Crushing Debt Podcast - Jo DiSanto.  Joe went from $70,000 in debt at age 25, to buying his first home at 30, and is now debt free. How did he do it? Was it luck? Luck is preparation meeting opportunity! About Joe Joe DiSanto is a fractional CFO and consultant to small businesses and high-income individuals. He also f...