Capable Wealth Podcast : Financial Freedom In Fifteen Minutes Or Less

Description Many people spend the bulk of their time focusing on increasing their level of income.  But that is only one step in the wealth-building process.  In order to truly create #FinancialFreedom for yourself, you need to take additional steps toward building wealth. In today’s episode, we’re discussing how you can make the transition from […] The post Ep #060: Stop Focusing On Income (And Build Wealth!) appeared first on Capable Wealth.

Description The “American Dream” of homeownership is one that is deeply embedded in our psyche.  But if not properly managed, that dream can become a nightmare filled with financial hardship, caused by over-extending yourself with your purchase. In this episode, we discuss what you should be considering when buying a home, from a financial perspective.  […] The post Ep #059: Can You Afford Your “Dream Home?” appeared first on Capable Wealth.

Description It seems like no personal finance discussion is complete without some mention of investing.  And no discussion about investing is complete without touching upon the active versus passive debate. If you aren’t familiar with those terms or how to choose between the two, don’t worry, you’re not alone. In this episode we’re going to […] The post Ep #058: Active Or Passive Investing – Which Should You Use? appeared first on Capable Wealth.

Description There is so much pressure put on parents to provide a great life for their children.  With all of the options for after-school activities, ranging from clubs to travel sports, it’s easy to quickly get sucked into spending thousands of extra dollars each month. The problem arises when you begin doing this at the […] The post Ep #057: The Financial Sacrifice Of Giving Your Kids Everything appeared first on Capable Wealth.

Description Focusing your efforts on creating a better life for those around you is a noble endeavor.  But at what point do your actions begin to have a negative result? In today’s episode we’re talking about the desire for parents to create a better life for their kids, and how not being careful with how […] The post Ep #056: The Dangers Of Giving Your Children A “Better Life” appeared first on Capable Wealth.

Description Many people begin investing with dreams of growing vast fortunes.  But many don’t realize the importance of patience, and allowing your money to continue growing, even after you’ve experienced some success in investing. In this episode, we’re diving into one of the fundamental principles of investing: Compound Interest.  You’ll hear why it’s so important, […] The post Ep #055: How Compound Interest Can Change Your Life appeared first on Capable Wealth.

Description One of the big roadblocks people encounter when trying to build wealth is a lack of resources.  It can be a difficult task finding ways to earn enough income in order to save and invest for the future. But no longer is this an excuse! In this episode, we dive into ways for you […] The post Ep #054: How To Earn Additional Income Through Garage Sales and Online Marketplaces appeared first on Capable Wealth.

Description Sometimes, when we are in the middle of learning a great lesson, it can be hard to realize what is happening. For me, growing up in a family that relied on welfare and food stamps ended up being a blessing in disguised.  My childhood was jam-packed with great life lessons that are now helping […] The post Ep #053: What I Learned Growing Up On Welfare appeared first on Capable Wealth.

Description One of the best ways to accomplish a goal is to look for inspiration from those who have come before you.  If building wealth is what you are working toward, then it makes sense to look at how millionaires across the United States have been able to accomplish that feat. In this episode we […] The post Ep #052: 10 Traits Of Millionaires You Should Follow appeared first on Capable Wealth.

Description Money and finance are very important parts of everyday life.  But for most, financial literacy is severely lacking. The best way to combat this problem is to begin learning at a young age. In this episode, we go through some important background information on educating kids, and we hear 12 ways to raise financially […] The post Ep #051: 12 Ways To Raise Financially Fit Kids appeared first on Capable Wealth.

Description How many times have you been told that you need to cut your spending?  Or that you need to get your budget in order so you can save more? These are valid points, but they aren’t the only way to get your finances in order. In fact, focusing on increasing your income can be […] The post Ep #050: Should You Cut Expenses Or Increase Income? appeared first on Capable Wealth.

Description The topic of debt is a common one in the world of finance, and for good reason.  The vast majority of people live with some form of debt, and many struggle to keep it under control. If not done properly, using debt can be the same as stealing from your future.  But if you […] The post Ep #049: Are You Stealing From Your Future Or Adding To It? appeared first on Capable Wealth.

Description Investing success does not lie in being able to pick which stock will outperform the next.  True success will be achieved by following a core set of principles that will help increase your chances of success over the long-term. In this episode we’re going over my core principles of investing that I’ve developed over […] The post Ep #048: My Core Principles Of Investing appeared first on Capable Wealth.

Description There is no lack of opinions when it comes to the best ways to invest your money.  Everyone seems to know exactly what you should be doing with your hard-earned savings. But what about the things that you should not be doing? In this episode we’re going to discuss the 4 ways you can […] The post Ep #047: 4 Ways To Fail At Investing appeared first on Capable Wealth.

Description Creating multiple streams of income is about more than just amassing more money, it’s about creating financial resiliency. If you are reliant on one employer for all of your money, it’s the same as “putting all of your eggs in one basket,” and leaves you with little control over your financial life. In today’s […] The post Ep #046: Who Is Funding Your Lifestyle? appeared first on Capable Wealth.

Description The term “Net Worth” is thrown around quite frivolously, and has morphed into a barometer of the importance of any one individual.  It would seem that having more money than the next person literally makes you more important, and thus a better person. This mindset causes a lot of confusion when people begin engaging […] The post Ep #045: Why I Hate The Term “Net Worth” appeared first on Capable Wealth.

Description Estate planning is one of the less “sexy” parts of the personal finance world, but it is incredibly important. Since the rise of the internet, estate planning has become more complex than ever and a new area has evolved: Your Digital Estate.  If left unkept, it can cause massive headaches for your family and […] The post Ep #044: Your Digital Estate – Estate Planning In A Cyber World appeared first on Capable Wealth.

Description There are many areas to focus on when engaging in financial planning, but having a conversation about death is one that most people want to avoid. The problem is, by avoiding this conversation, all you are doing is increasing the hardship your family will have to go through when you pass away. In today’s […] The post Ep #043: How To Plan For The “Long Nap” appeared first on Capable Wealth.

Description Trying to create your investment plan by looking at the individual investments first, is like trying to go on a cross-country road trip before you’ve selected your destination and created your road-map. You’re bound to get confused. And at worst, lost. In this episode, we discuss how to organize your investments for success.  And […] The post Ep #042: How To Organize Your Investments For Success With The 3 L’s appeared first on Capable Wealth.

Description Trying to achieve success without first defining it is like trying to throw a dart at a target without knowing where the target is. This concept is incredibly important in the world of personal finance, because each decision you make needs to be moving you closer and closer toward your true goals. In this […] The post Ep #041: How To Define Success (Financially & Otherwise) appeared first on Capable Wealth.