How Do I Prepare to Marry Someone Who Has $200,000 in Debt? (Hour 2)
Play • 40 min

Savings, Education, Debt, Investing

As heard on this episode:

Sign Up for a FREE trial of Ramsey+ TODAY: https://bit.ly/31ricKt 

Tools to get you started: 

Check out more Ramsey Network podcasts: https://bit.ly/2JgzaQR     

BiggerPockets Real Estate Podcast
BiggerPockets Real Estate Podcast
BiggerPockets
437: How Your “Worst Case Scenario” Can Set You Free From a Job You Hate with Marie Forleo
Marie Forleo, world class coach, marketer, and author, grew up with a mother that did everything. Whether it was retiling the bathroom, fixing a leak in the roof, or performing electrical engineering on small appliances, her mother seemed to be able to figure out almost anything. One day she told Marie “everything is figureoutable”, which became the mantra for her career. Fast forward a decade or so, Marie is working on the floor of the New York Stock Exchange, surrounded by the mega rich. She was stressed out and felt that she wasn’t in the right place. After a prayer and a cry, Marie knew she needed to get out from a job that was slowly killing her. She made the jump and went after coaching, without any experience, money, or clients. Before she left her job she asked herself, “what is the worst case scenario if I leave”. She calculated it out, wrote it down, and realized, the worst case scenario really wasn’t all that bad. Marie strongly believes that although you can be a victim of circumstances, you should never victimize yourself and tell yourself that you “can’t” do something. Everyone has the ability to reach their full potential, but once you start putting up excuses, it’s hard to get there. “Feel the fear”, that’s what Marie told herself in those trying times, and continues to tell herself and her clients that everyday. As she puts it “Fear is really trying to tell you to move towards something”. As real estate investors, this is something we can all relate to, but often don’t put into practice. Well, now's the time to! In This Episode We Cover: * The 3 rules of “everything is figureoutable” * The power of neuroscience and how you can use it to shape your behavior * How would you behave if you were the best in the world at your job? * Changing your limiting beliefs to reach something greater * Knowing when to leave a bad job and having a plan for the worst case scenario * Feeling the fear and running towards things that scare you * Pulling yourself out of the victim trap (even if you are a victim) * And So Much More! Links from the Show * BiggerPockets Podcast * BiggerPockets book store * Everything is Figureoutable Website * Marie's B School Click here to check the full show notes: https://www.biggerpockets.com/show437
1 hr 8 min
BiggerPockets Money Podcast
BiggerPockets Money Podcast
BiggerPockets
165: How 'Finance Ninja" Daniel J. Mills Started at $30k a Year and Grew a US Rental Empire from Japan
While living abroad, it can be very difficult to invest in assets in your home country, especially if you’re an American. Daniel J. Mills found this out early in his professional career. As a English teacher living in Japan, he had to jump through a sizable amount of hoops to find a way to invest in American stocks, index funds, and later real estate all while overseas.  Growing up in southern California, Daniel knew that there was money to be made through entrepreneurialism. He saw his father grow a business that was profiting millions each year, only to see it later become liquidated. Daniel didn’t really think too much about money or growing his personal wealth until years later. After college, Daniel moved to Japan and became an English teacher making a salary of around $30,000 (USD) a year. He met his wife, settled down, and bought an apartment in an appreciating part of the city (contrary to many other parts of Japan). Daniel was saving around $1,000 a month, and realized he didn’t want to be making $30,000 a year forever. So, he started investing in index funds and stocks, which grew his net worth and allowed him to invest in other asset classes, like real estate. Daniel even shares a tax loophole that allowed him to write off 100% of his 6-figure income while he was in Japan (solely from real estate depreciation)!  Flash forward to today, Daniel has rental properties in Idaho, Alabama, and Tennessee with partners from Japan and the United States. Daniel agrees with many other real estate professionals in the fact that you need a tried and true team in cities where you’re investing. Living in Japan, he doesn't have much to worry about in the US, thanks to his fantastic property managers, handymen, partners, lenders, and real estate agents. In This Episode We Cover * The challenges and benefits of investing in American assets while abroad * Getting rid of debt fast so you’re able to scale your investments  * How money is easier to make as you become more educated and experienced  * The ins-and-outs of Japanese real estate compared to American real estate  * Converting bonus rooms to bedrooms for higher rent  * Forming partnerships with real estate professionals who can help you * And So Much More! Check the full show notes here: https://www.biggerpockets.com/moneyshow165
1 hr 20 min
The Art of Manliness
The Art of Manliness
The Art of Manliness
Physical Benchmarks Every Man Should Meet, At Every Age
As men, we all want to be physically capable. We want to be able to save our own life in two ways: in the more metaphorical sense of wanting to preserve it in healthy, fit form for as long as possible, and in the more literal sense of being able to make it through an emergency unscathed. How do you know if you do possess that kind of lifesaving physical capability? It's time to do more than wonder, and really check in with yourself. My guest today has some helpful benchmarks that guys from age 8 to 80 can use to see if they've got an operative level of strength, mobility, and conditioning. His name is Dan John, and he's a strength coach and the author of numerous books and articles on health and fitness. Dan walks us through the fitness standards the average male should be able to meet from childhood to old age, beginning with the assessments he gives to those who are 55 years old and older, which includes carrying their body weight, a long jump, and something called "the toilet test." We then reach back to childhood, and Dan discusses the physical skills kids should become adept in, which were inspired by a turn-of-the-20th-century physical culturist who thought every individual ought to be able to save his own life, and which can be broken down into the categories of pursuit, escape, and attack. We end our conversation with the physical standards those in the 18-55 range should be able to meet, including how much a man should be able to bench press, squat, and deadlift, and the walking test that's an excellent assessment of your cardiovascular conditioning. Get the show notes at aom.is/benchmarks. See omnystudio.com/listener for privacy information.
33 min
The Dr. John Delony Show
The Dr. John Delony Show
Ramsey Network
Anxiety Medication, Will-Planning, Gossip vs. "Keeping Up with Family"
The Dr. John Delony Show is a caller-driven show that offers real people a chance to be heard as they struggle with relationship issues and mental health challenges. John will give you practical advice on how to connect with people, how to take the next right step when you feel frozen, and how to cut through the depression and anxiety that can feel so overwhelming. You are not alone in this battle. You are worth being well—and it starts by focusing on what you can control. Let us know what’s going on by leaving a voicemail at 844.693.3291 or visiting johndelony.com/show. We want to talk to YOU! Show Notes for this Episode * 1:47: How do I wean off anxiety medication? * 23:45: How do I even get my head in the right place to start planning my will? * 29:53: Wife called in a while back. How do I help her through her periods of depression? * 40:41: What’s the difference between gossiping and keeping up with others when it comes to families? * 45:40: Lyrics of the Day: "Take It All Back 2.0" - Judah & The Lion tag: anxiety, family, relationships, sleep, fitness/physical health, goals/life planning, money, depression, anxiety, marriage, These platforms contain content, including information provided by guests, that is intended for informational and entertainment purposes only. The content is not intended to replace or substitute for any professional medical, counseling, therapeutic, financial, legal, or other advice. The Lampo Group, LLC d/b/a Ramsey Solutions as well as its affiliates and subsidiaries (including their respective employees, agents and representatives) make no representations or warranties concerning the content and expressly disclaim any and all liability concerning the content including any treatment or action taken by any person following the information offered or provided within or through this show. If you have specific concerns or a situation in which you require professional advice, you should consult with an appropriately trained and qualified professional expert and specialist. If you are having a health or mental health emergency, please call 9-1-1 immediately.
47 min
Retirement Answer Man
Retirement Answer Man
Roger Whitney, CFP®, CIMA®, RMA, CPWA®, AIF®
Retirement Plan Live 2021 - Unexpected Retirement: Counting It Up - Trish’s Resources
Last week in Retirement Plan Live, Trish dreamed up big dreams for her retirement. In this episode, we are going to outline her resources to see if she has the ability to fund those dreams. Organizing your resources is an important step in retirement planning. Listen in to learn how important it is to plan what you want to use your resources for, and let’s see if Trish has what it takes to build her retirement dreams. What is a resource? A resource is a natural source of wealth or revenue. It is also a natural feature that enhances the quality of life. It’s what you do with your resources that matters. If you are listening to this show you are probably over 50 which means that you have spent decades building your resources. You’ve built up all 3 categories of resources -- human capital, social capital, and financial capital. Human capital includes your skillset and reputation. Social capital includes pensions and Social Security. Financial capital doesn’t only include your money, it also includes houses and boats in addition to your retirement accounts. What will you use your resources for? When you look at your resources in retirement you have to ask yourself to what end are all these resources for? What is this money for? In retirement, your resources are meant to be used to express your values through your goals that you live out in the season of retirement. Dying with too much money is poor stewardship. It means that your resources were never harvested to live out your values. Think about what you want to do with your abundance. Be intentional and create the life that you want. Explore the options you have now so that you don’t leave your resources like a neglected crop left to be absorbed back into the earth. What kind of capital does Trish have? In our last episode, Trish dreamed big -- European vacations, a second and maybe 3rd home, a convertible, the works. Now that we’ve got her thinking big, we have to see what she can afford. It’s time to take stock of her resources. Just like you and I, Trish has social capital, human capital, and financial capital. She will collect Social Security when the time comes and would like to use her human capital in some capacity until she is 59. Listen in to hear how I walk her through her balance sheet and organize her resources. Check out the Rock Retirement Club to help you organize your own resources Have you been enjoying Retirement Plan Live? Would you like to have guidance as you organize your resources? In the Rock Retirement Club, we have a Retirement Masterclass that does just that. We walk you through all of this planning with worksheets and trainings and there is even an entire module that helps you organize all of your capital. Check it out at RockRetirementClub.com. OUTLINE OF THIS EPISODE OF THE RETIREMENT ANSWER MAN WHAT DOES THAT MEAN? * [1:30] What is a resource? PRACTICAL PLANNING SEGMENT * [11:02] What kind of social capital does Trish have? * [15:32] Trish plans on using her human capital * [25:35] We organize Trish’s financial capital Q&A WITH NICHOLE * [36:10] How did we do on our words for 2020? * [37:32] Lisa asks how the 4% rule changes if you retire at 55 * [40:35] Should Jackie stop saving in her Roth IRA since her husband got laid off? * [44:53] Can Jim’s mother transfer an IRA to him? TODAY’S SMART SPRINT SEGMENT * [48:43] What is your word for 2021? Resources Mentioned In This Episode BOOK - So Good They Can’t Ignore You by Cal Newport Social Security Detailed Calculator Rock Retirement Club Roger’s YouTube Channel - Roger That BOOK - Rock Retirement by Roger Whitney Work with Roger Roger’s Retirement Learning Center
53 min
Massive Agent Podcast
Massive Agent Podcast
Dustin Brohm
Building a Media Empire on YOUR Terms w/ The Broke Agent
Whether you've been a real estate agent for 15 days or 15 years, every Realtor knows The Broke Agent. You may love his content and think it's hilarious, or you're offended by it and think it's hurting our reputation as real estate professionals. Either way, you may be right. But it doesn't matter because Eric Simon, aka The Broke Agent, has built a massive brand and media company in spite of your feelings or opinions. Eric tells the story of sitting in a dead open house and deciding to post some funny memes about the "less exciting" parts of being a Realtor, and how by consistently doing that for the last 5 years, he's grown an Instagram following of 250,000+ and is getting attention from Inman News and Tom Ferry, among others. As Eric explains, he did it all on HIS terms, regardless what kind of negative pushback he has received along the way. The Broke Agent is also a master content creator, and he explains which social media platforms he's focused on the most to grow his brand, and why. He gets specific about how Realtors can use TikTok and Instagram Reels to build their businesses, and shares some of his best tips and tricks for having success as a real estate content creator. This is an entertaining interview, but also super enlightening to see behind the curtain at the business and content machine that is The Broke Agent. Connect w/ The Broke Agent: Instagram Website  -- CLICK HERE to get our new "what to post on social media" app, the Massive Agent Daily. ********************** Recommended Products or Services: Witly: the fully automated Facebook Ad management system for real estate agents and loan officers. Get a 14 day free trial HERE Wise Agent: The real estate CRM I use - 14 Day Free Trial PLUS get my drip campaigns for free Shop my Amazon Store: podcasting equipment, my favorite books, cool stuff for Realtors, etc Massive Agent Society: Our "One Agent Per Market" Real Estate Lead Gen Coaching Program and online course - Claim Your Market Now Buzzsprout: Affordable, user-friendly podcast hosting for real estate agents - New users get a $20 Amazon Gift Card Follow us on Instagram *The Massive Agent Podcast is a production of the Industry Syndicate podcast network
54 min
Search
Clear search
Close search
Google apps
Main menu