Chain Of Wealth - Debt, Investing, Entrepreneurship, Wealth & More

Original Episode: Student Loans   Jordan E. Goodman is “America’s Money Answers Man” and a nationally-recognized expert on personal finance. He is a regular guest on numerous radio and television call-in shows across the country, answering questions on personal financial topics. He appears frequently on The View, Fox News Network, Fox Business Network, CNN, CNBC and CBS evening news. Welcome Jordan! [2:49] So, how did you get the nickname “America’s Money Answers Man”? ·       Money magazine for 18 years ·       People used to call in with question and Jordan had the answers Jordan, you talk a lot about student loans on your blog, we have some questions for you. [3:20] What strategy do you advise on paying back the loans? ·       Don’t freak out! ·       Average person graduates with $38,000 and many people much more than that ·       It’s the problem of this generation ·       Lifestyles are changed, people live at home longer First step should be to consolidate them: Student loan help center- consolida

Original Show Notes: Starting a food business Shelby is the oldest of the Soom Sisters. Inspired by her entrepreneurial family, Shelby graduated from the Wharton School with a concentration in Entrepreneurial Management, and has applied this degree to all of her jobs since. Shelby is responsible for developing the Company’s strategy, managing the finances and accounting, managing the team and overseeing contractor relationships. Shelby spends her downtime exploring kid-friendly Philadelphia with her husband, Dan and their two sons, Malcolm and Julius.  She loves drinking beer, working out and avoiding doing the laundry. Welcome, Shelby! [2:30] What is your least favorite household chore? ·      Wiping the counters/ cleaning the kitchen [2:50] Where did the idea of Soom come from? ·      Started with sisters ·      Working abroad ·      Sister’s boyfriend was selling tahini ·      Loved it- turned into a discovery plan [5:26] How did you come up with the name? ·      Hebrew: Soom Soom means sesame [6:19] W

Original Show Notes: Earn more money E30: Kathlyn Hart from KathlynHart.com Kathlyn Hart is a negotiation coach and spent years slaving away at her job, hardly able to make rent, let alone make her dream of quitting her job to travel the world a reality. It wasn’t until she understood, mastered, and mustered the courage to negotiate her salary that she was able to double her income, save over $16,000, and swap out that commute for the open road. Welcome! [2:45] So Kathlyn, if you could be a superhero, who would you be? ·      Wonder Woman [3:26] Tell us the story of the first time you asked for your raise- what was the outcome? ·      The first time I didn’t ask for a raise ·      First job- didn’t negotiate ·      Doubled the offer after 2 years [5:11] What advice do you have for people who are thinking they are under paid? ·      Look at the market- Glassdoor ·      Look at future growth ·      Begin having conversations with people ·      Ask friends/ mentors [8:27] Tell us about the course that

Original Show Notes: Investing in Real Estate E29: Whitney Nicely from WhitneyNicely.com Whitney Nicely went from no investments (or strategies) to 19 houses, 19 apartment units and 7 chunks of land in less than three years all bringing monthly money to her bank account on auto pilot. She has traveled the United States speaking on stages, teaching her simple strategies, and meeting with other successful real estate investors- and still buying houses the way she teaches others. Since 2016, Whitney has led and trained hundreds of future real estate rock stars to grow their portfolios, collect checks and achieve financial freedom. 100’s of real estate newbies are securing leads, signing deals and scaling their dream incomes through the First Deal Done Fast Program. Welcome Whitney! [2:33] Tell us a bit about yourself? What is your favorite cereal? Why? ·      Likes cereal bars instead [3:1] What is the worst money mistake you’ve ever made? ·      Bought a house without looking at it ·      Water squish

Original Show Notes: Investing in Gold   A frequent speaker at precious metals conferences and in the financial media, Peter is one of a handful of experts who have succeeded through multiple bull and bear cycles using skills honed during the dramatic fluctuations of the 1980s. Prior to joining Kitco, Mr Hug served as Senior Vice President at Guardian Trust Company, now a part of Laurentian Bank, which became one of the largest international trading houses for precious metals. Mr. Hug developed the first precious metals certificate program and the first margin trading accounts for metals on the cash market. Welcome Peter! [2:48] Tell us a bit about yourself. ·       Graduated from University of Toronto ·       Lives in California [6:5] Why should I consider buying gold? ·       What is the motivation? o   Apocalypse o   Conservative investor o   Traders o   Collectors [14:4] What’s the difference between buying gold and buying silver? ·       Gold is more pure ·       Silver follows/ out preforms gold in

Original Show Notes:Being Frugal   CJ Cato is the founder of the blog Vow Of Practicality. Located in Austin, Texas he has a background as a financial analyst and a grant writer. Welcome CJ! [2:16] Tell us a bit about yourself ·       Lives in Austin, Texas ·       Married with 2 boys [3:8] What is the biggest money mistake you have ever made? ·       Co- owned a gym ·       Life style creep [7:35] Where did the idea for your blog, Vow of Practicality come from? ·       Saw how hard people can live in other countries ·       Family on street story ·       Wanted to put happiness into perspective [11:12] What is your favorite blog post? ·       Most popular posts have characters ·       Imaginary characters are interviewed [12:33] What advice would you give someone who is trying to pay off debt? ·       You have to have a plan Sponsors [15:19] Chain of Wealth – Ready to learn to master debt? We’ve got a free guide that will help you get out of debt and master your finances. If you’re enjoying this

Original Show Notes: Investing in the stock market Today we are talking to Stephen Rischall from 1080 Financial Group. Stephen began learning to invest at the age of thirteen. In college, he helped manage the University Corporation Student Investment Fund while starting his career in financial services. Stephen is an award winning financial adviser and has been featured in the Wall Street Journal, Los Angeles Times and Investment News. Welcome, Stephen! [3:11] Tell us a little about yourself. ·       Dad would tell stories about investing ·       Started investing in cool companies at a young age [4:30] Have you made any financial mistakes? ·       Over confident in investing strategy ·       Spent money on silly things [6:1] Let’s talk about 1080 Financial. Where did the idea come from? ·       Mom was victim to fraud ·       Wanted to help people [9:1] What was the biggest struggle about starting out? ·       Taking the first leap ·       Establishing relationships ·       Trust is very important [9:59

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Original Show Notes: How to get out of debt   Zina Kumok is the founder of the blog Debt Free after 3– A former sports writer, Zina has written for the Associated Press and have covered the New York Yankees, NBA Draft and Final Four. Currently living in Denver she is a full-time freelance writer specializing in personal finance. She has taught several classes on budgeting, how to save money and how other people can pay off their loans. Welcome Zina! [2:59] Tell us a little about yourself. ·      From Tennessee ·      Journalism degree ·      Paid off student loans [4:6] What is the biggest money mistake that you learned from? ·      Shopping- wasting money [6:2] What is a common mistake that you see people making with their money? ·      Ignorance [7:44] You have a section on your blog about your student loan repayment journey. Tell us about it. ·      $24,000 in loans ·      $28,000 with interest ·      Didn’t have any money left over after bills ·      Cut back spending [12:24] You also have a course th

Original Show Notes: Becoming an entrepreneur   Nomad Trading Co. was founded in Summer 2016 by college friends Max Keilson and Jon Epstein to change how people treat drinks and snacks. “We believe that you are what you eat. We wanted to consume things that were healthy, but that also are sourced to the highest ethical standards, and with a pointed focus on sustainability.”   Welcome, Max! [2:51] Tell us a little more about yourself. ·      Co-founder of Nomad Trading ·      Grew up in Maryland ·      25 years’ old [3:32] You could have created any industry. Why teas? ·      Tea found me ·      Wanted to repurpose underused agricultural products [6:23] What was your biggest concern? ·      Were people going to try the tea [7:11] Where can we try your tea? ·      New York based ·      Whole Foods in upcoming year [8:16] How did you get funding? Savings? Investing? ·      Saved up ·      Got funding [9:4] Tell us a mess up story. ·      Bottling disaster ·      Cheaper is not always better Sponsors

Original Podcast Episode: Travel Hacking   Ruby is the main blogger of the website, “A Journey We Love” that she documents achievements with her husband, Peter. Ruby loves travel hacking, finding deals, and thinking of ways to save money! Originally from the Philippines, she moved to the USA to pursue an employment opportunity. She now lives in Jacksonville, Florida and has been to more than 20 countries and 16 US States. She has also backpacked around South East Asia. She hasn’t quit her job to pursue her passions– yet. That will happen once she reaches financial independence. Welcome Ruby! [3:47] Tell us a bit about yourself • Lives in Jacksonville, Florida • From Philippians  [4:43] So you haven’t quit your day job yet, what do you do? • Accountant  [4:58] If you could go back in time, what is one financial mistake that you wish you could take back? • Trip to Hong Kong [6:48] You published on your website “A journey we love” that you and your husband, Peter have reached a net worth of a quarter of a m

Original Show Notes: Saving for College   Abby Chao is Co-Founder & COO of CollegeBacker, a simple and social way to save for college. In just 5 minutes, a parent can open a tax-advantaged 529 College Savings Plan, determine a personalized savings plan for their child, and invite family and friends to contribute. Plus, with CollegeBacker Gifts, anyone can kick start a child’s college fund by sending a redeemable gift. Special Gift: Sign up here and get FREE $25! Welcome, Abby!  [4:5] What is your favorite childhood memory? • Hit tennis balls with pro players [4:43] What is the biggest money mistake you have made? • A Lot of little ones  [5:35] Where did the idea for CollegeBacker come from? • Friends and family were stressed about saving for kids’ college [6:53] Did you create the company alone or did you have partners? • Jordan had already created it • Thought it was a great idea  [10:45] If you could go back and know something in the beginning, what would it be? • Getting started and learning as you

Original Show Notes: John Mitchell talks about couples joining money   LPL Financial is one of the leading financial services companies and the largest independent broker/dealer in the nation as reported by Financial Planning Magazine, June 1996-2017. For about four decades, the firm has served as an enabling partner, supporting financial advisors in their goals of protecting and growing their clients’ wealth. Today, we are speaking with John Mitchell. John Mitchell is a registered representative with, and securities are offered through LPL financial, Member FINRA/SIPC.  Investment advice offered through 360 Wealth Management, a registered investment advisor. 360 Wealth Management is a separate entity from LPL Financial Welcome, John! [1:19] Tell our listeners a bit about your personal life. ·      Husband and father ·      Lives in Oklahoma [2:4] What financial mistake have you learned the most from? ·      Spend the same dollar twice ·      Overestimated income [3:11] How did you get started as a CFP?

Original Show Notes: Bethany Bayless talks about traveling for cheap Bethany Bayless is the founder of the blog Wanderlust For Less and has launched a new podcast, The Money Millhouse. Bethany’s blog tells all about how to travel on a dime- something that everyone wants to do, but struggle actually doing. [0:44] Bethany, can you tell our listeners about yourself? ·       Lives in California ·       Has a puppy named London ·       Loves to travel [1:38] So, when you boarded that plane to England and all you had was 2 bags- what was the scariest part? ·       The unknown ·       Never been overseas [3:35] Did you have a plan or a job lined up? ·       Volunteer job ·       Did pay for room and travel [4:33] If you could go back and know something before all your travels started, what would it be? ·       Failure is an option ·       Failing is learning [6:20] Tell us, how was Norway? ·       Went in May of 2017 ·       Want to go back and do it again ·       So much to see [7:56] Travelling is expensive;

Original Show Notes: Kristin Larsen - Believe in a Budget   Kristin Larsen is a full time blogger. Her blog Believe In A Budget was started in January 2015, when she shared her journey on saving money and getting out of debt by doing random paying jobs. With limited experience with blogging, she figured that if she could get one person to read her blog and help that person start a side hustle, her goal would be met. Now, Kristin is making thousands of dollars each month all thanks to her blog. Welcome, Kristin! [1:0] Tell us a bit about yourself? ·       Started blog in 2015 ·       Wanted to make more money online [1:47] If you could go back in time, what would you do differently? ·       Wake up call about money during the recession [2:29] What is the biggest money mistake you’ve made? ·       Always been good with money ·       Wished saved more earlier on ·       Budget better [3:17] Which one of your blogs is your favorite? Why? ·       Published my first income report ·       Made $60 [4:15] You of

Original Show Notes: Renee Dunn from Amazi Foods [2:3] Amazi was officially founded in April 2016, but has been a dream for years. After studying in Uganda, the founder, Renee, was shocked by the high degree of entrepreneurship, but surprised by the endless piles of tomatoes, plantains, bananas going to waste- There was a lack of business growth, employment opportunities, and variety in product offerings. Renee was inspired by Issues of competition, huge food waste, and unemployment rates. She wanted to add value to natural resources – by providing growth avenues for entrepreneurs, the unemployed, and farmers. Katie heard Renee speak at the DC Start Up week a few weeks ago and thought your story was incredible. Your company makes plantain chips. For any listeners who don’t know what a plantain chip is- they look like a larger banana and you cut them to look like a chip. Welcome Renee! [3:18] Let’s hear a bit about Amazi – what is a plantain chip? ·      Plantain chips are unique – dried and roasted ·     

Original Show Notes: Erin Lowry from Broke Millennial Erin Lowry is an outstanding writer and is the author of Broke Millennial- stop scraping by and get your financial life together. She has countless blogs on her website that help the 20 and 30 somethings learn and plan for their financial future. Erin leads by example- telling you in detail all of her tips. Welcome Erin! [0:50] So tell us something else about yourself ·      Lives in New York City ·      Lives with partner and dog [1:25] I loved your blogs- I read like 5 of them, so I have a few questions- Can you start with telling the Chainers about the doughnut selling yard sell lesson? ·      North Carolina in 1996 ·      7 years’ old ·      Sell Krispy Kreme Doughnuts at yard sell [4:7] What is your $5 saving strategy? ·      Read it on a blog ·      Pay in cash- saves every $5 bill ·      Saved over $300 in 4 months [6:6] Can you explain what a credit freeze is and what is it used for? ·      Need a special pin number to “thaw” your information

Denis & Katie discuss whether to buy or rent as they open the next door of their financial journey.   Visit www.chainofwealth.com to grow your wealth.Support this podcast at — https://redcircle.com/chain-of-wealth-debt-investing-entrepreneurship-wealth-and-more/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Original Show Notes: Michelle Schroeder-Gardner from Making Sense of Cents Michelle Schroeder-Gardner graduated college in 2010 and then went on to receive her MBA in 2012. She then worked as a financial analyst at a valuation and investment banking firm. She decided to leave that life behind and is now a full time blogger and freelancer. Her website “Making Sense of Cents” has won more awards and mentions than can be named. She and her husband travel the country in their RV and wouldn’t have it any other way. Welcome Michelle! [1:11] So, can you tell us a bit about yourself? ·      Was financial analyst ·      Started blogging for fun ·      Quit day job 2 years after starting blog [2:19] You said that you owed $38,000 in student loan debt. How did you pay it off so quickly? ·      Side hustled a lot [2:54] What advice do you have for people who are paying theirs off? ·      Try to side hustle a little more ·      Cut down TV watching [4:39] You report that you regularly make over $100,000 a month. How d

Original Show Notes: Juliana Cardona Mejia from Street Entrepreneurs Juliana Cardona Mejia is the founder of Street Entrepreneurs. A nonprofit organization in service of providing entrepreneurs of all backgrounds with practical knowledge and access to networks and start up grants. Juliana has worked tirelessly to grow her business from the ground up. She has worked to teach herself and others what it takes to be successful Welcome, Juliana! [0:50] Tell us a bit about yourself ·       Born in Colombia ·       Lived all over America ·       Thought about career in politics [1:43] Tell us a bit more about Street Entrepreneurs. Where did the idea come from? ·       Community driven accelerator ·       Put together programs for entrepreneurs ·       Provides workshops on topics [3:15] How did you get funding for a nonprofit business? ·       Called everyone and asked for donations [3:47] Is this your full time job? How do you make money doing this? ·       It’s a start up for other start ups ·       Does cons