Should I Save Up or Use a Credit Card to Pay for Vacation?

It’s almost the season of summer vacations, the time where a lot of people take some time off of work to relax and maybe travel. Whether you’re planning to do a staycation or hot the road, your vacation is going to cost money. Should you pay for the vacation using cash or a credit card? Not everyone can afford to go on vacation. Did you know that America is only…

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POM055: Street Smart to Successful Entrepreneur with Tom Libelt

If your business is not making money, you to adjust your strategy. There may be something wrong with your product/service, pricing, sales funnel, marketing, or more. Sales and marketing are two of the hardest things to get right. In this episode, Tom Libelt explains the key factors that make a successful entrepreneur. He discusses what you need to close the sale and what is hindering you. We discussed: how to…

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When Should I Consolidate Loans

Debt is the bane of many people’s existence. According to a study done by Nitro College, the vast majority of Americans have debt, approximately 80% have debt. Questions of “what can I do about this” leads to consolidation and the question when should I consolidate loans. It’s a little tricky. Student loans and credit card debt are two very common forms of debt. The average student graduated with over $37,000…

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POM053: How to Pick a Business Idea

 Are you looking to start a business, but don’t know what business to start? It’s a complaint that I hear quite often. Starting a business or side hustle is a great way to create multiple income streams.   This episode, I talk about how to pick your idea, some of the current hottest industries, other steps to set up your business, and some hard truths about entrepreneurship.   Resources Mentioned: Profit Up…

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POM052: Why I Don’t Do $0 Zero-Based Budgeting

 In this episode, I talk about something that some people absolutely love and for others, it’s the bane of their existence. We are going to be talking about budgets, specifically a common concept or piece of advice that is given and why I don’t follow it.   Budgets are crucial to financial success and are a powerful tool. Budgets are not a one and done type of tool. You…

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POM051: Teaching Children to Save Money with Rachael Hanible

 In this episode, we discuss: key elements in paying off debt and saving one year’s worth of bills the top three tips to teach children about finances the importance in teaching children about money transitioning from site hustles to business   Rachael Hanible Rachael Hanible is a Personal Finance Coach and Author of Amber’s Magical Savings Box, which is an Amazon Best Seller and has a perfect 5 star rating! Amber’s…

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POM050: 10 Actions to Prep Your Finances and Business for the New Year

   Many people make resolutions or goals concerning their finances at the beginning of the year. Usually, those goals aim to save more money, reduce debt, and invest or build wealth. However, the majority of people do not achieve those goals.   In this episode, I will be going through 10 actions that you should do to set yourself up for financial success in the upcoming year. You can take the…

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POM049: How Small Business Accounting Affects Financial Success with Erica Booth

In this episode, we discuss: the top financial tip for recent entrepreneurs consequences that can result from not setting up finances and accounting properly which team members you need the four different business entities and how they affect your taxes biggest tax mistake for entrepreneurs   Erica Booth Erica Booth, Author, and CEO of Erica Booth Tax & Accounting Services, LLC has more than a decade of experience specializing in…

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How a Government Shutdown Will Affect Your Money

Well, they’re speculating another government shutdown may happen. If the government can’t agree on the budget before the current budget is up then a shutdown will occur. The budget must pass by September 30th since the new fiscal year for the federal government starts October 1st. If a new budget isn’t passed and the government shuts down, then this can royally screw with your budget. It can affect your money…

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