Capable Wealth Podcast : Financial Freedom In Fifteen Minutes Or Less

It’s all the rage these days to demonize debt. Without a doubt, debt is the cause of a lot of stress and financial turmoil for most people. But I believe there are times when it makes sense to not pay for things in cash. In this episode, we’re going to discuss how you should evaluate […] The post Ep #080: When To Focus On The Short-Term vs Long-Term Cost Of Any Purchase appeared first on Capable Wealth.

Building strong financial habits, like saving enough money, can be a difficult thing for most people. It isn’t easy, but there are ways that you can make it easier! In this episode we’re diving into ways you can change your mindset around saving, and how you can boost your wealth creation with some specific tactics. […] The post Ep #079: How To Increase Wealth With A Positive Saving Mindset appeared first on Capable Wealth.

If you’ve been having trouble accomplishing some of your financial goals, it may be because you’ve been attacking it from the wrong angle. We can sometimes feel like we have to do lots of planning before we can take action on an endeavor. But, sometimes, the best thing to do is to simply begin funding […] The post Ep #078: How To Fund Any Financial Goal With A Profit-First Mentality appeared first on Capable Wealth.

Description With the rise of the internet and technology platforms that make it easier for the average person to get in on the investing game, more and more people have turned to stock-trading. Let me be as clear as possible – This is a BAD idea! Not only can it be a big waste of […] The post Ep #077: Why You Should NOT Get Into Stock Trading appeared first on Capable Wealth.

Description It’s tempting to think that earning points from using your credit cards is always the right thing to do. After all, if you’re going to spend money anyways, you might as well get the points, right? Wrong! In this episode, we talk about when it is the wrong decision to use credit cards, even […] The post Ep #076: Debit vs Credit – When You Should Stop Worrying About Earning Points appeared first on Capable Wealth.

Description It’s easy to get sucked into the world of investing, lured by the hopes and dreams of picking the next stock that will skyrocket, bringing you instantly into the world of the wealthy. But the vast majority of the wealthy didn’t get there this way. For sure, investing is important, but there are other […] The post Ep #075: Why Focusing On Investing Is NOT The Best Path To Financial Freedom appeared first on Capable Wealth.

Description As you progress in your wealth-building journey it can be very tempting to get caught up in comparing yourself to all of your friends and family. It isn’t necessarily a bad thing, but it can lead you to focus on the wrong things. In today’s episode, we’re diving into how wealthy you should be […] The post Ep #074: How Wealthy Should You Be At Any Age? appeared first on Capable Wealth.

Description Money can be a sensitive topic to discuss. What’s even more sensitive to discuss is people’s inability to properly manage their money, and how they frivolously spend on things they don’t need. In this week’s episode, we’re diving into a concept that fundamentally changed the way I think about money, and how it can […] The post Ep #073: I Bet You’ve Never Thought About Money Like This appeared first on Capable Wealth.

Description It’s easy to fall into spending habits and not take the time to assess where your money is going. One way you hit the “reset” button is to do a “spending cleanse.” By executing one of these, you’ll be able to quickly find out what spending decisions are important to you, and which ones […] The post Ep #072: How To Improve Your Finances With A Spending Cleanse appeared first on Capable Wealth.

Description Cutting expenses can be a tough thing for most people to do, especially when they feel like there is nowhere left to cut. But one of the most underutilized strategies for cutting expenses is to go beyond eliminating expenses and begin asking for discounts on your normal everyday purchases. In this episode we are […] The post Ep #071: How To Cut Expenses By Simply Asking For Discounts appeared first on Capable Wealth.

Description One of the best ways to help improve your financial situation is to cut out unnecessary spending. The only problem is, for most people, this is one of the most difficult things to do. For those that struggle with this, I’m here to tell you that it isn’t entirely your fault. Our brains are […] The post Ep #070: How To Cut Spending With The “72-Hour Rule” appeared first on Capable Wealth.

Description Life insurance may not be the sexiest part of financial planning, but it’s been one of the bedrocks for many years – acting as a backstop for any plan. But there has been a lot of confusion around what kind of life insurance each person should have. Mainly, this confusion stems from a lack […] The post Ep #069: Why You Should Buy Term Life Insurance Instead Of Permanent (Whole Life) appeared first on Capable Wealth.

Description Many people dream of great wealth but aren’t sure how to go about growing it. In many of the conversations I have, people seem to be looking for that “unicorn” investment that can provide a guaranteed rate of return without any risk. Some might tell you that it doesn’t exist, but I’m not one […] The post Ep #068: How To Get A Guaranteed Return On Your Money appeared first on Capable Wealth.

Description One of the older sayings in personal finance is “It’s not what you earn, it’s what you keep that matters.” You may be looking to grow wealth by making smart investment decisions and growing your accounts, but one thing you might not be considering is how to avoid obstacles along the way, like fees! […] The post Ep #067: How To Save Over $500k In Just Two Steps appeared first on Capable Wealth.

Description Building wealth is a great way to empower yourself and take back control of your life.  But if you aren’t careful, you can get caught up in the process and overshoot your goals. Of course, this isn’t the worst thing you could do, but it might not be ideal. In today’s episode, we’re discussing […] The post Ep #066: Is It Possible To Be Too Wealthy? appeared first on Capable Wealth.

Description Budgeting is a fundamental part of personal finance, and it also happens to be one of the least enjoyable for most people.  But this mainly stems from how they view this activity and what they are getting out of it. One of the biggest ways to reshape your view on budgeting is the understand […] The post Ep #065: The True Value Of Budgeting appeared first on Capable Wealth.

Description Setting goals and executing on a good plan can help you achieve a lot of success in any field, especially personal finance.  But what if the goals you are setting aren’t the right ones?  What if they cause you to take certain actions that could have more of a detriment to your finances, and […] The post Ep #064: The Importance Of Setting The Right Financial Goals appeared first on Capable Wealth.

Description When people talk about building wealth the conversation usually revolves around amassing large sums of money.  But only focusing on the dollars and cents can leave you yearning for more. In order to truly enjoy your journey toward financial freedom, it helps to focus on more than just yourself. In today’s episode we’re discussing […] The post Ep #063: The 2 Reasons To Build Wealth appeared first on Capable Wealth.

Description There are many common recommendations you’ll hear in the world of personal finance.  Investing in your employer-sponsored 401(k) plan is seemingly as easy as it gets.  But what if I told you that for many, I don’t think this is the best thing for them to do? In this episode we’re diving into why […] The post Ep #062: Why You Should NOT Invest In A 401(k) appeared first on Capable Wealth.

Description An easy way to get yourself into financial trouble is to overextend yourself with your expenditures.  But not many people realize they are overextending themselves until it’s too late. So, how can you know if the financial decisions you are making are leading you down the wrong path?  That’s exactly what we’re talking about […] The post Ep #061: How To Know If You’re Overextending Yourself appeared first on Capable Wealth.