Journey To Launch

When two people are working towards a goal, amazing things can happen. This occurred for Andy Hill and his wife when they decided to come together and set a plan to reach their financial dreams. In this episode, we talk about how Andy and his wife: Paid off $48,032 of debt in 1 year Became completely debt free by paying off their mortgage in less than 4 years Began living on one income and got on the same financial page Don't believe in giving their kids allowances & the important values they are instilling in them Plus so much more! Other related blog posts/links mentioned in this episode: Andy's Blog & Podcast BuzzFeed's 27 Podcasts You Need To Start Listening To in 2018 Join The Weekly Newsletter List Leave me a voicemail- Leave me a question on the Journey To Launch voicemail and have it answered on the podcast! Watch me on News12 Watch my latest segments on News12 My One on One Money Coaching Services - Get my personalized 1on1 money coaching expertise to help you reach your financial goals YNAB - Start managing your money and budgeting so that you can reach your financial dreams. Sign up for a free 2 month trial of YNAB, my go-to budgeting app by using my referral link. Connect with Andy: Marriage Kids & Money Blog & Podcast Andy on Twitter Andy on Facebook Connect with me: Journey To Launch Instagram Journey To Launch Twitter Journey To Launch Facebook Page Join the private Facebook Group

It's my birthday! So, this episode is going to be more personal, a solo episode where I want to talk about more of what's led me to where I am today and the lessons I've learned throughout my 35 years of life that continue to contribute to my success. In this episode, I talk a bit about my previous failed business attempts from starting an online magazine to investing almost $22,000 in a vending machine business that ultimately did not succeed. I'm also sharing key life lessons that have helped me thus far on my life journey and hope you can find some inspiration to help you on your path too. I said that my word for this year was "Fearlessness" but it also is "Creation". Never have I felt more inspired and filled with hope, nurturing and growing life within and all around me. I'm in a season of expansion and my dreams are literally coming true. I couldn't be more appreciative and happy with what is and what's to come. Thank you for listening to the podcast which now has over 50,000 downloads! If you want to give me a bday gift, here are a few things you can do: Share the podcast with your family and friends. Send them your favorite episode and/or share on your personal FB profile, twitter, Instagram, etc. Not sure, how to share or find the podcast on your favorite podcasting app? click here. If you listen to the podcast in Apple podcasts, please leave me a review Also, if you don't want to miss a thing, please make sure to sign up for my weekly newsletter Other related blog posts/links mentioned in this episode: The Complete Works of Florence Shinn Leave me a voicemail- Leave me a question on the Journey To Launch voicemail and have it answered on the podcast! Watch me on News12 Watch my latest segments on News12 My One on One Money Coaching Services - Get my personalized 1on1 money coaching expertise to help you reach your financial goals Connect with me: Journey To Launch Instagram Journey To Launch Twitter Journey To Launch Facebook Page Join the private Facebook Group

If you're someone looking for ways to increase your income so that you can reach your financial goals, starting your own business has probably has crossed your mind once or twice. Not only will a business become an asset but it can become an integral step in helping you reach Financial Independence. Timika Downes talks about her journey to starting a lice clinic as a side hustle in addition to working her full-time job as a nurse. Now, her lice clinic makes 6 figures a year and has afforded her a life of options and more freedom. This is an inspiring interview for anyone who wants to increase their income and start a side hustle. Here are the main topics we cover in this episode: Timika's background Her job How she grew up frugal The importance of saving Her lightbulb moment The methods she used to pay off debt quickly How she became intentional about paying off debt Her next step towards FI Her mission to save as much as possible How she decided what she wanted from life Why FI is about having options Her business Her path to different businesses How she started her lice clinic How she built a business within her means The importance of validating a business idea Plus we talk about so much more! Other related blog posts/links mentioned in this episode: ChooseFI Facebook group Dave Ramsey Mad Fientist Radical Personal Finance Leave me a voicemail- Leave me a question on the Journey To Launch voicemail and have it answered on the podcast! Watch me on News12 Watch my latest segments on News12 My One on One Money Coaching Services - Get my personalized 1on1 money coaching expertise to help you reach your financial goals Connect with Timika: Timika's blog -The Reluctant Frugalist Connect with me: Journey To Launch Instagram Journey To Launch Twitter Journey To Launch Facebook Page Join the private Facebook Group

Paying off debt is essential to getting back on track with your finances. Not only will you remove a large expense every month, but the mental freedom is priceless. That's exactly what Whitney did by working two jobs and sticking to a tight budget. By being intentional and mindful of her spending, she was able to pay off all her debt and now owns a personal finance business. Her business now makes more money than her full-time job, which means she now gets to live on her terms and work on her business. Whitney's hacks to paying off debt are unique and insightful, a huge help to anyone working towards paying back their debt. Here are the main topics we talked about in the episode: Whitney's background Her journey to managing money How she paid off her $30,000 in debt in 10 months Her online business Her journey to paying off debt How she was working 2 jobs Her different tricks to paying off debt How she set her goals How to be intentional about your finances Using a holistic overview The importance of keystone habits How to set SMART goals Investing when in debt How it differs from case to case Starting an emergency fund Why it depends on how long you'll be paying off debt Her personal finance goals Why she's leaving her full-time job Her business goals Getting started with real estate investing Other related blog posts/links mentioned in this episode: Whitney's Blog The Money Nerds Podcast The Money Summit The Power of Habit by Charles Duhigg Dave Ramsey Leave me a voicemail- Leave me a question on the Journey To Launch voicemail and have it answered on the podcast! Watch my CBS News Segment Watch me on News12 Watch my latest segments on News12 My One on One Money Coaching Services - Get my personalized 1on1 money coaching expertise to help you reach your financial goals Connect with Whitney: Whitney on Twitter Whitney on Instagram Whitney on Facebook Connect with me: Journey To Launch Instagram Journey To Launch Twitter Journey To Launch Facebook Page Join the private Facebook Group

When developing a solid financial plan, it's important to look at how you can generate the most income while being conscious of your spending. Marcus and Rich from the Paychecks and Balances podcast aim to help people look at both sides of their balance sheet, their income and their expenses. I really enjoyed interviewing Marcus and Rich as we covered a variety of topics such as how to; negotiate pay raises, pay off debt and the importance of being able to enjoy yourself while on your financial journey. This is a very informative yet light-hearted episode for those of us who want to accomplish our financial goals while not feeling guilty about spending on the things we value. Here are the main topics we talked about in the episode: Rich and Marcus Their backstory How they became more conscious of their money habits The meaning of their podcast Making the most of your paychecks The importance of understanding where your money is going Automating your savings Negotiating your salary How to negotiate your salary Why people are afraid to negotiate The importance of doing your research Making the most of your company's benefits Using a cost of living calculator Taking action How to be proactive and not reactive Why it's better to start now rather than later How to live the 80/20 lifestyle Why it's important to be responsible but also enjoy yourself Being in debt Marcus' journey managing debt Why the easiest part is making a plan Making sure getting in debt is your choice Rich's story with debt Why people want to be debt free The difference between good and bad debt Credit card debt vs student loan debt Other related blog posts/links mentioned in this episode: Paychecks and Balance Podcast Marcus' book: Debt free or die trying 15 Minute Budget Paychecks & Balances podcast episode 68: Don't Cost Yourself $600K Bank Rate Cost of living Calculator CNNMoney's Calculator DigitPaychecks and Balances video with CBS Leave me a voicemail- Leave me a question on the Journey To Launch voicemail and have it answered on the podcast! Watch me on News12 Watch my latest segments on News12 My One on One Money Coaching Services - Get my personalized 1on1 money coaching expertise to help you reach your financial goals Connect with Marcus & Rich: Marcus' info Twitter Instagram Rich's info Twitter Instagram Paychecks and Balances: Twitter Facebook Connect with me: Journey To Launch Instagram Journey To Launch Twitter Journey To Launch Facebook Page Join the private Facebook Group

Chris Guillebeau is on a mission to help people start their own side hustles so that they can create more security, freedom and opportunities in their lives. Side Hustles are becoming more and more the norm nowadays as people look for a way to supplement their job with extra income. These hustles consist of building an asset with the purpose of providing some kind of return and benefit to a customer. Chris is currently on a 100 city tour and gives regular talks on the process of creating side hustles for people who want some extra income but don't want to quit their day job. He is an avid traveler and a successful entrepreneur with huge experience dealing with side-hustles. I was honored to have Chris on the podcast to talk about his new book: 'Side Hustle: From idea to income in 27 days', his podcast Side Hustle School and his two-step process when starting a side-hustle: getting an idea and putting this idea into action. We also talked a bit about MLMs and some mental blocks people have when starting a side hustle. An interesting and informative interview for those looking to increase their income with a side-hustle! Here are the main topics we talked in the episode Chris' introduction His backstory How he got started with side hustles Why he focuses more on income than expenses Why everyone should start a side hustle Why it's empowering Side hustles create freedom The necessity of a side-hustle The difference between a side hustler and an entrepreneur Side hustles supplement a job Side hustles are not about scaling and raising capital The importance of the money, mindset and goals Parts of starting a side hustle The two parts: having an idea and taking action Starter ideas and next level ideas The gig economy Examples of starter ideas Side hustle blocks Time and money The minimal costs The importance of planning and creating a process The next step after having an idea Understanding what form it will take Analyzing your audience Using your expertise MLM's Being part of a supportive group Why it's better to create your own asset Other related blog posts/links mentioned in this episode: Chris Guillebeau's book Side Hustle: From idea to income in 27 days Udemy - An online learning and teaching marketplace Grab your seat at the Budget Boot Camp Leave me a voicemail- Leave me a question on the Journey To Launch voicemail and have it answered on the podcast! Watch me on News12 Watch my latest segments on News12 My One on One Money Coaching Services - Get my personalized 1on1 money coaching expertise to help you reach your financial goals Connect with Chris on: Twitter Facebook Instagram Podcast: Side Hustle School chrisguillebeau.com Connect with me: Journey To Launch Instagram Journey To Launch Twitter Journey To Launch Facebook Page Join the private Facebook Group

The simple wealth formula can be defined as Income -Expenses = The Gap. You use the gap to get ahead in your finances by paying off debt, saving more and investing more. Essentially, you want to increase The Gap as much as possible in order reach your goals faster. But that's not all there is to the Wealth Formula. There are other silent but important factors needed in order to make it really work for you. You can call these factors, the secret sauce. Without focusing on these factors, reaching your goals is so much harder and even somewhat impossible. The Five "Secret Sauce" Factors are: Intrinsic Motivation Habits Beliefs Consistency Hard Work/Sacrifice I've since even modified the Simple Wealth Formula to include what I think is a true driving force of how fast you can reach and maintain your goals to be: (Income - Expenses) * Habits = The Gap Also, this episode is brought to you by the Free MasterClass that I'm holding Thursday, Jan 4th at 9pm EST. If you haven't signed up yet, don't worry, there's still time, join here Other related blog posts/links mentioned in this episode: Reserve Your Seat at The Free LIVE MasterClass on January 4th at 9pm EST: How To Have Your Best Financial Year Yet Sign up for the 2018 Q1 Launch To Financial Freedom Mastermind (enrollment is from January 4, 2018 to January 8, 2018) Grab your seat at the Budget Boot Camp Leave me a voicemail- Leave me a question on the Journey To Launch voicemail and have it answered on the podcast! Watch me on News12 Watch my latest segments on News12 My One on One Money Coaching Services - Get my personalized 1on1 money coaching expertise to help you reach your financial goals Connect with me: Journey To Launch Instagram Journey To Launch Twitter Journey To Launch Facebook Page Join the private Facebook Group

Now that Christmas is officially over, how did you do? Did you go over budget or stay within budget or are you afraid to even check? In this week's podcast episode, I'm talking about how to start preparing yourself for next year's holiday season right now and then I dive into how to identify which of the four common money problem(s) you have and how to fix them. Next week on January 4th at 9pm EST, I'm holding a free LIVE MasterClass/Webinar called: How To Have Your Best Financial Year Yet- Tips To Save, Pay Off Debt & Invest In 2018 Other related blog posts/links mentioned in this episode: Reserve Your Seat at The Free MasterClass: How To Have Your Best Financial Year Yet Blog Post: What's Your Money Problem Final 2017 Year-End Saving & Investing Update of $84,100 Grab your seat at the Budget Boot Camp Sign up for the 2018 Q1 Launch To Financial Freedom Mastermind Waitlist and get special early bird pricing. Leave me a voicemail- Leave me a question on the Journey To Launch voicemail and have it answered on the podcast! Watch me on News12 Watch my latest segments on News12 My One on One Money Coaching Services - Get my personalized 1on1 money coaching expertise to help you reach your financial goals Connect with me: Journey To Launch Instagram Journey To Launch Twitter Journey To Launch Facebook Page Join the private Facebook Group

It's the perfect time look back and reflect on your finances and do a year-end review. In today's podcast, I'm discussing the 4 things you should set goals around in 2018, which are: Income Expenses Saving/Investing Habits I'm also giving an update on where we ended up with our 2017 Savings/Investing goals. In my 2017 Mid-Year update, back in May we had saved and invested about $53,200. By the end of the year, we ended up saving/investing $84,100 talked about which is about $9,000 less than the $93,100 goal we set for the year. I also hint at some of the major financial changes we are making next year and give more details about the Q1 2018 Journey To Financial Freedom Mastermind. Other related blog posts/links mentioned in this episode: Four Ways To Set Yourself Up For Financial Success 2017 Year-End Saving & Investing Update Grab your seat at the Budget Boot Camp Sign up for the 2018 Q1 Launch To Financial Freedom Mastermind Waitlist and get special early bird pricing. Leave me a voicemail- Leave me a question on the Journey To Launch voicemail and have it answered on the podcast! Watch me on News12 Watch my latest segments on News12 My One on One Money Coaching Services - Get my personalized 1on1 money coaching expertise to help you reach your financial goals Connect with me: Journey To Launch Instagram Journey To Launch Twitter Journey To Launch Facebook Page Join the private Facebook Group

Millennials are often mischaracterized as being lazy and wanting things handed to them. I can't tell you how far from the truth that is, especially when it comes to Gwen & J from the FIRE Drill Podcast who came on the podcast today to talk about pursuing FI and the different aspects of paying off debt and being financially stable. Both bloggers have their own informative and successful blogs that share their specific paths to FI and are set on inspiring others to do the same. I'm also super impressed by what they've been able to accomplish so far at such young ages. Gwen has saved $100k by age 25 and purchased her first rental property, a triplex, earlier this year. J has paid off nearly $100k of debt in two years and has saved over $200k towards retirement by age 28. On the episode today, we explore the importance of savings and increasing your income. J explains how essential it is to have an emergency fund after what happened to her while she was paying off debt, and Gwen talks about why she has FU money. It was also interesting to hear their takes on real estate and how to get started with house hacking. This is a great episode on the importance of working towards FI and achieving financial goals. I also announce the Budget Boot Camp Class & open the waitlist for the Q1 2018 Journey To Financial Freedom Mastermind. Now here are the main topics we talk about in the episode: The FIRE Drill podcast What the podcast is about Their specific interests in finance How FI allows a life of options An interesting way to pursue FI How their opinions have evolved since the beginning of the podcast J and Gwen's journey How Gwen found FIRE in college Why Gwen plans on quitting her job and be her own boss The sacrifices involved How J got inspired to pay off all her student debt J's methods to pay off debt Career hacking Reaching FI How savings give you freedom and options What is FU money The importance of having an emergency fund Getting started with real estate 2 methods to achieve FI: savings and monthly cash flows The irony once you achieve FI Having a back up plan Other related blog posts/links mentioned in this episode: Grab your seat at the Budget Boot Camp Sign up for the 2018 Q1 Launch To Financial Freedom Mastermind Waitlist Paula Pant: Afford Anything Mad Fientist: HSA - The Ultimate Retirement Account Bigger Pockets Leave me a voicemail- Leave me a question on the Journey To Launch voicemail and have it answered on the podcast! Watch me on News12 Watch my latest segments on News12 My One on One Money Coaching Services - Get my personalized 1on1 money coaching expertise to help you reach your financial goals Connect with Gwen & J: Gwen's blog: Fiery Millennials Jay's blog: Millennial Boss Listen to the FIRE Drill Podcast Connect with me: Journey To Launch Instagram Journey To Launch Twitter Journey To Launch Facebook Page Join the private Facebook Group