Money Peach

Where did you learn how to manage money? The old saying: "More is caught than taught" is how most of us learn about money. We unknowingly picked up many of the bad money habits our parents struggled through when we were younger, and surprise, surprise; now we are making the same mistakes they once were (or still are). This doesn't have to be the case for the next generation - our kids. What can you be showing your 4 year old AND your 16 year old about money? In this week's episode, I am going to walk you step by step with the best possible ways to teach your kids about money at every single age. It's never too late to start, but the sooner the better! You don't want boomerang kids (the ones that move back in when they're 30) and you may need a little help from some financially stable adults in 20-30 years! http://moneypeach.com/session11

Housing is the BIGGEST expense most of us will ever have to deal with, and yet it's kind of a big mystery. Why do we choose a 30 year mortgage and what are the better options? If I go to a 15-year mortgage, what happens to my payment? What happens if I can add just a little bit each month to my mortgage and what does that look like over time? The reason why we ask these questions is simple: we were never taught how. Instead we sign our lives away without a clue of what is really going on and what other options are available. If that's not enough, we are then thrown into the bank's wonderful plan of making payments and interest for the majority of our lives and wondering why we can't seem to get ahead. No thanks. In this week's episode of Money Peach TV, we are going to break down the 30 year mortgage vs the 15 year mortgage, and some other jaw-dropping facts about what you can and should be doing to becoming ultra fit by paying off your mortgage early! http://moneypeach.com/session10

Can you really retire a millionaire? In this week's episode, I am going to share with you how even someone with just an average income can retire wealthy. You don't need a PhD in finance to accomplish this either. You just simply need to START, and you need as much time on your side as possible. Beyond simply the wealth building, I am going to share with you how much you can invest, where to invest, and in what order I recommend investing for retirement. When you start to understand exactly what is possible when you simply start investing 15% of YOUR income over your working career, you will see why it's so important to get started now. You can always earn more money, but not more time. http://moneypeach.com/session9

The greatest separator of wealth in today’s society is the car payment. In this week’s episode, I am going to show you how much your car is really costing you. It’s much more than just your car payment, and it’s the same information the auto finance companies don’t want you to know about. In addition, I am going to share with you the step-by-step method to getting out from your upside-down car and provide you with a cheat sheet to get you started. Car Payments Suck: http://moneypeach.com/session8

Do you ever feel like you are paying off your debt with the little bit here or a little bit there mentality? Most people are a mile wide and inch deep when paying off debt, however I am going to show you how be an inch wide and a mile deep and laser focused with your debt payoff plan. In this week’s episode, I am going to share with you the proven formula we used to pay off our $52k in 7 months and the exceptions to every rule when paying off your debt the right way. Debt Snowball vs Debt Avalanche: http://moneypeach.com/debt-snowball-vs-debt-avalanche

Studies have shown everyone will experience a devastating financial hardship in any given 10 year period. Now that we know this is a fact, let’s be proactive for it and prepare for it. The worst time to go further into debt is when you are experiencing a financial disaster. Instead of swiping the credit card or taking out a line of credit when your next emergency hits, what can you do to better prepare yourself? By the end of this lesson, you will understand how much you need, when do you need it, and where should be parking that emergency fund. The 5 Steps to Building Your Emergency Fund: http://moneypeach.com/session6

There are four main reasons for saving money, and one of the most popular reasons for saving is to buy “stuff”. In this week’s episode, I am going to show you the world of sinking funds. Sinking funds are the only way I recommend saving for your next big vacation, birthdays, holidays, a new car, or anything you can think of. I will show you the step-by-step system for setting up your sinking funds and how to integrate these sinking funds into your monthly budget. Save More with Sinking Funds: http://moneypeach.com/how-to-save-more-money-with-sinking-funds

Debit cards have become the read-headed step-child in your wallet. There is an absolute myth out there surrounding the safety of your debit card, and whether or not you are protected when purchasing online, when traveling, or anywhere for that matter. In this week’s episode, I will disprove these nasty rumors and share with you exactly what you should be doing when using your debit card. Bonus: I will answer questions you have about the new microchip debit cards. Show Notes and a Free Budget Download: http://moneypeach.com/session4

The term cash is king isn’t just a cliche, but rather an absolute truth. In this week’s episode, I share with you the power of cash from both sides: Saving Money and Purchasing Power. All of my students who have been through my program, know and understand the three areas of your life where you should have a cash-only mindset. Now, I am going to share my strategies for using cash and how we ended up saving $27,000 in just over 4 years by using cash. The Show Notes and Free Budget: http://moneypeach.com/session3

What gets measured gets managed. Let me ask you this: Would you ever take a road trip across the country without a fuel gauge? Then why do we do this throughout life by refusing to live on a monthly budget? In this week’s episode, I am going to break down why you need to start a budget, the steps necessary, and then I’ll give you the exact same budgeting forms we used which allowed us to pay off our debt and live life on our terms. The number one thing you must be doing if you want to have true financial freedom is learning how to measure and manage the money. AKA: The Budget. Show Notes and Starting a Budget: http://moneypeach.com/session2

That moment when you realize you are officially out of money. We coasted through life until one day we found ourselves maxed out, overdrawn, and completely broke. As painful as it was to feel ashamed, embarrassed, and utterly hopeless…pain is also a great motivator! Listen to what we changed right away, what we learned along the way, and how we went from broke and living paycheck to paycheck, to then paying off $52k in only 7 months. Show Notes and Links found here: http://moneypeach.com/session1