Listen Money Matters - Free Your Inner Financial Badass. All The Stuff You Should Know About Personal Finance.

Buying a home is still the American dream for many people but with home prices going up and up, how can you save up for a house without sleeping in your car? With the median home price in the U.S. at $188,900, it seems impossible. How the hell does someone save up for a house? Buying a home is such a part of the American dream. It seems like once you reach certain milestones that are considered part and parcel of being an adult, every which way you turn, someone or something is telling you to buy a house, you must buy a house! But should buying a home still be a part of the American dream? Full Article Here Show Notes Dead Guy Ale: An ale aged in whiskey barrels. Stick's Pale Ale:  A sessionable pale ale. Learn more about your ad choices. Visit megaphone.fm/adchoices

We have awesome listeners, and they send in great questions so from time to time we like to answer then on air. If you want to know about 401ks, cash, rentals, and leveraged buyouts, we’re covering it with five awesome questions from you.   Full Article Here Show Notes In the Steep: A double dry hopped IPA. Toolbox:All the best stuff to manage your money. Learn more about your ad choices. Visit megaphone.fm/adchoices

If you’ve listened to LMM from the beginning, you’re going to hear a familiar voice today. If you’ve never heard our early episodes, the voice is going to become familiar.  Matt was the original co-host of LMM and was there for about the first 250 episodes of the show. He and Andrew disagreed about the direction of the show, and after a frustrating recording session, things blew up, and Matt left. But like Liz Taylor and Richard Burton, Andrew and Matt just can’t stay apart. Full Article Here Show Notes So we begin a new chapter at LMM. We will miss Thomas, but this won't be the last you hear from him. If you haven't already, check out his College Info Geek podcast and tune in to future episodes because he'll come back from time to time. If you want to hear some of the old LMM episodes featuring Matt, their still available. One of my favorites was Money for the Love of Freedom. If you like what you hear, stay tuned to LMM and check out Matt's podcast, Money Lab. Salt of the Dog: Brewed with sea salt, coria

What if we were to value other things in our lives in the same way or even more than we value money? Imagine if it weren’t about money? What if we viewed money for its actual intent, survival?Money is essential, but it shouldn’t consume your thoughts or your life. We should live with money, not for money. This is a podcast about money, but we also believe that money shouldn’t be the most important thing in your life. We have to live with money, but there is more to life than accumulating as much money as you can. Full Article Here Show Notes Bitches Brew: An American Double/Imperial Stout by Dogfish Head. Fat Lama: Borrow almost anything. Learn more about your ad choices. Visit megaphone.fm/adchoices

We’re Listen Money Matters, but we’ve never discussed money. Get ready to holla. Dolla dolla bills y’all: The history and evolution of cash. Societies haven’t always used cash to transact business. The evolution of cash is pretty fascinating. Money is around 3,000 years old. Before that, societies bartered. I make candles. You make shoes. I need shoes, and you need candles. I give you some candles, and you give me some shoes. This isn’t a great system though. How many candles are the shoes worth? What if I need shoes, but you don’t need candles? There needed to be a better system. Full Article Here Show Notes Stillwater Artisinal Recess: Dry hopped sour ale. Pod Recommendation:50 Things That Made the Modern Economy LMM Community: Join your fellow money nerds!   Learn more about your ad choices. Visit megaphone.fm/adchoices

We all make mistakes, but financial mistakes can be especially costly. These are the biggest financial mistakes people make and how to fix them. There are some mistakes you can’t fix, but financial mistakes usually don’t fall into that category. It’s not always easy, but most financial mistakes can be rectified. Joy Liu from The Financial Gym is here to tell us about the biggest financial mistakes she helps her clients fix. Full Article Here Show Notes Tool Box: All the best stuff we use to manage our money. The Financial Gym:A personal trainer for your money! Learn more about your ad choices. Visit megaphone.fm/adchoices

You’ve probably heard the term but might not know what it means. What is an IPO? IPO stands for initial public offering and sometimes called “going public”. It’s the first time a company sells stock to the public. Before an IPO, a company is private with a few shareholders, typically the founders and sometimes professional investors. There have been so big IPOs in the last decade. Some killed it, and some landed with a thud. We’ll explain what an IPO is and whether or not you should invest in one. We’ll explain how they work and whether you should invest in one. Full Article Here Show Notes Siracha Hot Stout:  A chile beer brewed by Rogue Ales. Learn more about your ad choices. Visit megaphone.fm/adchoices

No one can predict the future but based on past events; a market correction is coming. You need to start preparing for a market correction with an opportunity fund. We are in the second longest boom cycle in the history of the US. In exactly 12 months we will be tied for the longest with that boom cycle ending in the dot-com bubble in 2000. The low, slow burn of this recovery prevented things from overheating, and we avoided the fast boom-bust cycles that the economy has experienced in the past. There are some signs pointing to an upcoming correction. Full Article Here Show Notes Transmitter Saison Ale: An earthy, dry beer with hints of pepper and fruit. Tool Box: All the best stuff to manage your money. Learn more about your ad choices. Visit megaphone.fm/adchoices

Over the past several years, ride-sharing services like Lyft and Uber have made a remarkable splash in cities across the country. These ride-sharing services give users a platform to request a ride from freelance drivers who can get them from point A to point B safely and conveniently. If you’re looking for a low-cost way to make some extra cash, ride-sharing platforms like Uber and Lyft are a great choice. Want a behind the scenes look at what it's really like to be a driver? We'll talk to Harry Campbell, The Ride Share Guy to find out. Full Article Here Show Notes The Ride Share Guy: Harry's Website for Uber and Lyft Drivers Learn more about your ad choices. Visit megaphone.fm/adchoices

There are only so many hours in a day so you need to build a business that can grow while you’re sleeping, on vacation, or working on your next business. You have to do things that scale when starting a business that will take off. While we are discussing scaling a business, there are plenty of other areas of life that you can scale including investing and video games. To scale a business means to create a system, product, or service that can generate more money through some resource that isn’t your time. Scale is a concept that is meant to support infinite growth. When starting a business, you want to find ways to apply your time and money that are scalable and to shift your focus from things with a hard maximum return to things that have the potential to be infinitely scalable.   Full Article Here Show Notes Board Meeting: A coffee flavored brown ale. Tool Box: All the best stuff to manage your money. Do Things That Don't Scale: The essay Andrew mentioned by Paul Graham. Learn more about your ad choices.

You’ve heard the term diversification, but you might not know precisely what it means. Turns out it’s more complicated than just owning stocks and bonds. We are going to deep dive and give you a master class on diversification with Adam Grealish.   Full Article Here Show Notes Board Meeting: A coffee flavored brown ale. Tool Box: All the best stuff to manage your money. Betterement:  A great investing platform and where Adam Grealish works. Learn more about your ad choices. Visit megaphone.fm/adchoices

Almost 50% of Americans cannot come up with $400 if they needed it urgently. 1 in 3 Americans has $0 saved for retirement. In the U.S. it seems we’re much better at spending money then we are saving. This spending problem is leaving too many American households living paycheck to paycheck with close to nothing saved for the future. The savings rate has been falling for most of the past few decades. Maybe we stopped saving when our income growth flatlined after the recession, maybe it’s because we’re being buried in student loan debt, or maybe consumerism has taken over but it doesn’t change the cold hard truth that most people are not prepared for retirement at all.   Full Article Here Learn more about your ad choices. Visit megaphone.fm/adchoices

Annuities are not exactly transparent, and neither are the people selling them. They are almost always a terrible investment, and when we explain what the f**k are Annuities, you will understand why and stay far away from them. There is so much misleading information out there for Annuities in no small part because the financial incentives for selling them s is very high. We will take an unbiased look at them. We’ve never accepted a dollar from an annuity company, and there probably won’t be any beating down our door after this! Full Article Here Show NotesTroegenator: A Double Bock with notes of caramel, chocolate, and dried fruit. Toolbox: All the best stuff to manage your money. Learn more about your ad choices. Visit megaphone.fm/adchoices

The worst has happened. Whether their fault, your fault or nobodies fault, you lost your job. We don’t want to make a bad situation even worse by making big financial mistakes. This is what to do after a job loss so you can stay or get back on your feet quickly. We have all probably suffered a job loss at some point so we know how scary it can be. But there are lots of things you can do to mitigate the damage.   Full Article Here Show Notes Blunderbuss Barleywine Ale: Aged in oak barrels. Toolbox: All the best stuff to manage your money. Learn more about your ad choices. Visit megaphone.fm/adchoices

We get a lot of questions from listeners, and sometimes they are so good, we want to share them with everyone. Today we answer five awesome questions from you about LLCs, winning the lottery, budgeting an irregular income, Roth rollovers, and buying quality. Full Article Here Show Notes Dog Fish Head 60 Minute IPA: A continuously hopped IPA. LMM Toolbox: All of the best stuff we use to manage our money Learn more about your ad choices. Visit megaphone.fm/adchoices

There is a lot of misinformation about the 10,000-hour rule theory of self-improvement, and it turns out now all 10,000 hours are the same. We delve into the truth behind the 10,000-hour rule and show you how to become great at anything. It's not really about the number of hours you put into something; it’s about deliberate practice. Full Article Here  Show Notes Arrogant Bastard: An aggressive beer that is probably too good for the likes of you! Learn more about your ad choices. Visit megaphone.fm/adchoices

Whenever you hear people talk about buying a home, they insist you need a 20% down payment. But there are ways around that. We will show you how to buy a house without putting 20% down. There are some good reasons to put 20% down when you buy a house. But that isn’t realistic for everyone, and it’s not only rich people who deserve to own a home. If you are dreaming of buying a house but can’t come up with 20% down, there are programs that can help.   Full Article Here Show Notes Arrogant Bastard: An aggressive beer that is probably too good for the likes of you! Learn more about your ad choices. Visit megaphone.fm/adchoices

None of us likes paying taxes, and everyone agrees that the tax code is too complicated. But taxes are not meant as a show of our civic commitment but as a series of incentives set by the government to encourage citizens to do things that grow the economy. And if you look at things that are deductions, buying a home, having a kid, and starting a business, you can see what the government wants us to do to bolster the economy. You know the typical write-offs, but we found 28 tax deductions you didn’t know you could write off. These are tax deductions that most people will be eligible for. If you have a business, you can check out the episode we did on LLCs and S Corps. Full Article Here Show Notes Lagunitas Brown Shugga':An American strong ale. Simple Wealth: Research and evaluate rental properties. Learn more about your ad choices. Visit megaphone.fm/adchoices

You’re paying your money manager for his or her expertise, right? They know all the secrets and tricks to picking the right stocks and making the right investments. They know things you will never understand. Well, they don’t. According to the analysis, 99 percent of actively managed US equity funds sold in Europe have failed to beat the S&P 500 over the past 10 years. You need someone with expertise to make sure you don’t lose all of your money when the market is volatile. You don’t. Andrew did the math. Full Article Here Show Notes Serpent's Stout: An American Double, Imperial stout. How Not To Be Wrong: The math behind everyday things. Learn more about your ad choices. Visit megaphone.fm/adchoices

Maybe you are rich. Maybe you are poor. Maybe you have experienced being both at some point in your life. If you haven’t figured it out yet, being rich isn’t all about money. It’s about well-being, abundance, having time, success, and the right mindset. There are definitely social issues that contribute to poverty, however, rich vs poor mindsets can also drive wealth and success. There are many poor people with a rich mindset, financially poor due to circumstance. And there are many trust fund babies with a poor mindset. Full Article Here Show Notes: Order of Man Podcast Menfluential Conference The Dip By Seth Godin Learn more about your ad choices. Visit megaphone.fm/adchoices