Episodes

  • Watch Episode on YouTube and Subscribe: https://youtu.be/eX296kAhFuk

    โš ๏ธ David Baughier sits down with Danielle Ryan, a YouTuber dedicated to exposing online coaching scams. ๐Ÿ•ต๏ธโ€โ™€๏ธ

    Danielle shares her journey from a modest YouTube channel to a thriving platform with 25,000 subscribers.

    Discover her personal experience of being scammed and learn valuable tips on how to protect yourself from online scams.

    ๐Ÿ”‘ Key Topics Discussed:

    โ‡จ Danielleโ€™s rise on YouTube and her mission against online scams

    โ‡จ Her personal story of being scammed out of $4,500 by a coach

    โ‡จ Identifying red flags in online coaching and courses

    โ‡จ Practical advice on choosing trustworthy coaches and courses

    โ‡จ The impact of generational perspectives on online work

    ๐Ÿ•’ Timestamps/Chapters:

    0:00 - ๐Ÿš€ Introduction to Danielle Ryan's Journey

    2:20 - ๐Ÿ‘ฉโ€๐Ÿ’ผ Life Before Starting YouTube Channel

    6:55 - ๐Ÿ˜ฑ Danielle's Experience Being Scammed

    8:18 - ๐Ÿ“‰ Coaching Experience Turned Unsuccessful

    10:35 - โš–๏ธ Lack of Recourse in Coaching Scams

    12:01 - ๐Ÿ“ˆ Rise of Online Coaching Scams

    15:33 - ๐Ÿšฉ Signs of Online Coaching Scams

    17:16 - ๐Ÿ˜ณ Extreme Experiences in Coaching Scams

    21:25 - ๐ŸŽ“ Crafting a Genuine Coaching Course

    24:05 - ๐Ÿ” Choosing a Trustworthy Coach

    28:21 - ๐ŸŒ Researching Coaches Outside of Social Media

    33:38 - ๐ŸŽฅ Starting a YouTube Channel Tips

    36:49 - ๐Ÿ”ฎ Future Direction of Danielle's Content

    37:52 - ๐Ÿ’ผ Danielle's Current Business Ventures

    38:49 - ๐Ÿ‘ต Generational Perspective on Online Work

    39:25 - ๐Ÿ‘‹ Wrapping Up the Interview

    ๐Ÿ”— Danielleโ€™s Links:

    ๐ŸŽฅ Discovery Video: How Much Money YouTube Paid Me with 1500 Subscribers: https://youtu.be/HdlyA97mzeI?si=BhbI0qEU02B8dju0

    ๐Ÿ“ธ Danielleโ€™s Instagram: https://www.instagram.com/itsdanielleryan

    ๐ŸŽต Danielleโ€™s TikTok: https://www.tiktok.com/@itsdanielleryan

    ๐Ÿ’ธ Lost Entire $100k 401(k): https://youtu.be/85re8qWgBdY

    ๐Ÿ’ฌ Former Coach Exposes the Truth: https://youtu.be/0IeFOKWJCBU

    ๐Ÿ“‰ Debt Coaching Scam: https://youtu.be/OIbKXP7IPGI

    ๐Ÿ”— David's Links:

    ๐Ÿ’ฐ Free Money Course: https://www.fiology.com/free-money-course/

    ๐Ÿ Forget About Money on Apple Podcast: https://podcasts.apple.com/us/podcast/forget-about-money/id1730601757

    ๐ŸŽง Forget About Money on Spotify: https://open.spotify.com/show/5BQTKUPL6IHtXCEJTY9jYo

    ๐Ÿ“ Episode Highlights:

    ๐ŸŽฅ Danielle's rise from 1,500 to 25,000 YouTube subscribers

    ๐Ÿšจ Warning signs of online coaching scams

    ๐Ÿ’ก Tips on selecting genuine online courses and coaches

    ๐Ÿค” Insight into the lack of recourse for scam victims

    ๐Ÿ’ฌ Discussion on the role of intention and measurable outcomes in coaching

    #๏ธโƒฃ Hashtags:

    #AntiScammer #DanielleRyan #OnlineScams #CoachingScams #YouTubeGrowth #OnlineCourseScams #ProtectYourself #OnlineSafety #YouTubeSuccess #ContentCreator #DigitalScams #InternetSafety #ScamAwareness #BusinessAdvice #OnlineCoaching

  • Watch this Episode on YouTube and Subscribe: https://youtu.be/RQN2Me7svoA

    ๐ŸŽง In this episode of "Forget About Money," host David Baughier interviews John Letaw, a retired naval officer and TRICARE expert.๐ŸŒŸ

    John, The TRICARE Guy, shares his extensive knowledge about the TRICARE healthcare system, providing invaluable insights for military retirees and their families.

    John discusses: โ‡ฃโ‡ฃโ‡ฃโ‡ฃโ‡ฃ

    โžช Various TRICARE plans (Prime, Select, Reserve, and Retired Reserve) ๐Ÿฅ

    โžช The challenges of transitioning to retirement ๐ŸŒ…

    โžช Enrollment processes and pitfalls ๐Ÿ”

    โžช Changes in TRICARE Select fees ๐Ÿ’ธ

    โžช Coverage criteria for different treatments, including weight loss drugs and medical emergencies ๐Ÿฉบ

    โžช Dental and vision care through FedVIP ๐Ÿฆท๐Ÿ‘“

    โžช Navigating TRICARE while living abroad โœˆ๏ธ

    โžช Emerging trends and resources for staying informed ๐ŸŒ

    โžช Don't miss John's personal anecdotes and practical advice to make the most of your TRICARE benefits. ๐Ÿ“šโœจ

    ๐Ÿ”— Links:

    David's Links:

    ๐ŸŒ Fiology: https://www.fiology.com/free-fiology-workbook/

    John's Links:

    ๐Ÿ“– Get John's book "Tricare Around the World" on Amazon: https://a.co/d/eJfcxMx

    ๐Ÿ’ฌ Join the TRICARE Facebook group: https://www.facebook.com/groups/tricareatw/

    ๐ŸŒ The TRICARE Guy Website and Mailing List: https://thetricareguy.com/

    ๐ŸŽฅ John's YouTube Channel: http://www.youtube.com/@thetricareguy

    Additional TRICARE Resources mention can be found in our YouTube description

    ๐Ÿ•’ Timestamps/Chapters:

    0:00 ๐Ÿ“ข Introduction to TRICARE and John Letaw

    3:30 ๐Ÿ“‹ TRICARE Plans Overview

    9:44 ๐Ÿ›ก๏ธ TRICARE Reserve and Retired Reserve Plans

    16:05 ๐Ÿš€ Challenges of Transitioning to Retirement

    19:30 ๐Ÿ”„ Enrollment Process and Pitfalls

    22:20 ๐Ÿ’ฐ Changes in TRICARE Select Fees

    25:42 ๐Ÿฅ Coverage Criteria and Examples

    27:50 ๐Ÿ’Š Weight Loss Drug Coverage Process

    28:56 ๐Ÿš‘ Medical Emergency Coverage Example

    30:49 ๐Ÿงพ Medical Coding and Coverage

    34:53 ๐Ÿ‘“ FedVIP Vision and Dental Care

    37:43 ๐Ÿšซ Exclusions: LASIK and Discount Programs

    42:15 ๐ŸŒ Retirement Abroad and TRICARE

    44:21 ๐Ÿ› ๏ธ Challenges and Solutions

    47:41 ๐ŸŒ Providing TRICARE Support Globally

    50:57 โœ๏ธ Writing a TRICARE Guide During COVID

    53:53 ๐Ÿ“š Resources at thetricareguy.com

    56:39 ๐Ÿ“ˆ Emerging Trends in TRICARE

    ๐Ÿท๏ธ Hashtags:

    #TRICARE #Healthcare #MilitaryRetirement #JohnLetaw #DavidBaughier #ForgetAboutMoney #TRICAREPlans #Veterans #MilitaryBenefits #TRICARESupport #TRICAREGuide #HealthInsurance

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  • Watch this episode and subscribe on YouTube

    Jesse, a former financial consultant traded his American lifestyle for a more fulfilling life in Ensenada, Mexico.

    Jesse shares his remarkable journey of leaving his U.S. career to start a massage business abroad and find financial independence in a low-cost living area.

    ๐ŸŽฏ Episode Highlights:

    0:00 - Starting a New Chapter: Jesse's inspiring transition from the U.S. to Mexico, leaving behind a stable consulting career.

    0:31 - Making the Retirement Decision: How he balanced retirement options after receiving a windfall.

    2:27 - Selecting the Perfect Location: Why Ensenada became the ideal location for his new business.

    4:18 - Transitioning to His Own Business: From couch surfing to building a successful massage studio.

    6:41 - Cultural Influences in Entrepreneurship: Navigating the cultural differences in business.

    10:21 - Impact of Americans in Mexico: Understanding gentrification and respecting local culture.

    16:05 - Tips for Entrepreneurs Abroad: Jesse's valuable advice for starting a business outside the U.S.

    19:40 - Benefits of Low-Cost Living: Exploring the financial advantages of living in Ensenada versus San Diego.

    23:28 - Personal Financial Independence Journey: Jesse's path to financial independence before and after receiving a windfall.

    34:17 - Financial Independence Path: How strategic financial planning led to his success.

    38:41 - Potential Changes with Windfall: What he would have done differently if he had known about the windfall earlier.

    42:21 - Seeking Happiness Beyond Wealth: Finding joy through community, purpose, and meaningful connections.

    ๐Ÿ“ Key Takeaways:

    The challenges and rewards of starting a business in Mexico.

    The financial and personal benefits of living in a low-cost area.

    How a windfall can alter your retirement path, and the importance of staying true to one's values.

    Intentional savings accounts and their role in fostering happiness and fulfillment.

    Jesse's Links:

    ๐Ÿ“ง Email: [[email protected]]

    ๐ŸŒ Business Website: [ensenada-massage.com/blog]

    Connect with Us:

    Follow the Forget About Money podcast for more stories like Jesse's.

    Share your thoughts on this episode in the comments below, and don't forget to like and subscribe!

    #ForgetAboutMoney #StartingABusinessInMexico #FinancialIndependenceJourney #LowCostLiving #WindfallRetirement #EntrepreneurshipAbroad #AmericanExpatsInMexico

  • Watch this episode and subscribe on YouTube

    ๐ŸŒŸ Join Holly Morphew in this transformative video as she unveils the power of Spend Planning to not only manage your finances but to achieve long-term financial freedom and wealth building.

    Enjoy Holly's expert insights on transitioning from traditional budgeting to the more dynamic Spend Planning approach and learn how to leverage it for your financial success.

    ๐Ÿ“Š In this detailed guide, Holly will cover everything from the basics of Spend Planning to mastering cash flow management and overcoming common challenges. Whether you're a beginner looking to understand the fundamentals or an experienced planner aiming for financial independence, this video has something for everyone.

    ๐Ÿ”— Chapters:

    0:00 - Introduction

    1:41 - Spend Planning vs. Budgeting

    5:46 - Real-Life Transformations

    11:18 - Initiating Your Spend Plan

    26:15 - Practical Steps for Planning

    33:58 - Mastering Cash Flow

    38:18 - Overcoming Spend Plan Challenges

    40:48 - Five Key Steps Recap

    43:18 - Cash Flow Strategies for Early Retirement

    43:44 - Final Thoughts on Spend Planning

    ๐Ÿ› ๏ธ 5 Steps of Spend Planning:

    1. Financial Awareness: Start by creating a net worth statement to get a clear overview of your financial health.

    2. Track Spending Using an App: Holly recommends using the Tiller App [https://www.tillerhq.com/?via=holly] to keep an accurate record of your finances.

    3. Refine Your Net Worth Statement: Continuously update your financial statement as you track your expenses over the next 3-6 months.

    4. Calculate Your Impact Number: Identify the surplus money that can be used to reduce debt or invest in assets.

    5. Invest in the Highest and Best Use of Your Dollars: Strategically use your impact number to maximize your financial growth.

    ๐Ÿ”— Connect with Holly Morphew:

    Holly's Book: [https://a.co/d/aI2hcZF]

    Holly's Freebies: [https://financialimpact.com/freebies/]

    Facebook: [https://www.facebook.com/HollyMorph]

    Instagram: [https://www.instagram.com/hollymorph/]

    LinkedIn: [https://www.linkedin.com/in/hollymorph/]

    Twitter: [https://twitter.com/HollyMorph]

    Holly's Facebook Group: [https://www.facebook.com/FinancialImpactSystem]

    ๐Ÿ’ก Whether you're planning for retirement, looking to become debt-free, or aiming to enhance your wealth, Spend Planning can be your pathway to success. Don't forget to subscribe for more financial insights and strategies from Holly Morphew!

    #SpendPlanning #FinancialFreedom #HollyMorphew #DebtFreeJourney #WealthBuilding #FinancialCoaching #MoneyManagement #Investing #RetirementPlanning #FinancialIndependence

    ๐Ÿ‘ Like, Comment, and Share if you found this video helpful, and don't forget to subscribe for more valuable financial tips and strategies!

  • Watch this episode and Subscribe on YouTube

    ๐ŸŒŸ In this episode we chat with Rick Ferri, a renowned passive investing expert and ex-Marine Corps fighter pilot. In this dynamic interview, Rick shares key strategies for building wealth through smart asset allocation. Don't miss the insights!

    ๐Ÿ“š Chapters:

    0:00 - Introduction with Rick Ferri

    2:06 - Fighter Pilot to Finance Transition

    4:45 - Embracing the Boglehead Investment Philosophy

    7:01 - Influence and Insights from Jack Bogle

    14:55 - Authoring Key Investment Guides

    16:17 - Mastering Asset Allocation

    30:24 - Effective Risk Management Strategies

    38:47 - The Role of Real Estate in Diversification

    50:37 - Investment Planning for Young Adults

    1:04:54 - Foundations of Financial Independence

    Understanding Asset Allocation:

    Join Rick Ferri as he unfolds the essentials of asset allocation to optimize your investment returns over the long haul. Learn from his journey from fighter pilot to financial guru, embracing the wisdom of Jack Bogle along the way.

    Key Takeaways:

    Rick highlights the significance of precise asset allocation and offers expert advice on diversification and tax efficiency. He details practical strategies for using indexed retirement funds to simplify and strengthen your financial planning.

    Watch and Learn:

    ๐Ÿ”— The John C. Bogle Center For Financial Literacy Website

    ๐Ÿ”— Rick Ferriโ€™s Insightful Podcast Interview with Jack Bogle

    ๐Ÿ”— A Few Good Funds, The Genius of Simple Investing

    Essential Reads by Rick Ferri:

    All About Asset Allocation

    The Power of Passive Investing

    โœจ Whether you're just starting out or seeking to refine your investment strategy, this interview with Rick Ferri is packed with actionable advice to guide you to financial success. Tune in and transform your approach to investing!

    #RickFerri #AssetAllocation #InvestmentTips #FinancialIndependence #PassiveInvesting #Bogleheads #RetirementGoals #RiskManagement #RealEstateInvesting #FinancialEducation

  • Watch on YouTube and subscribe @forgetaboutmoneypodcast

    ๐ŸŒŸ A passionate yoga instructor from sunny San Diego, Danielle dives deep into her money habits, sharing the ups, downs, and transformative realizations that are reshaping her financial destiny.

     ๐Ÿ†“ Free Money Course: https://www.fiology.com/free-fiology-workbook/  

    Join Danielle on her eye-opening journey towards financial enlightenment in this unmissable episode!   

    From tackling pesky debts to dreaming big about geo-arbitrage adventures, get ready for a candid exploration of how she's bending her financial future towards success, all while maintaining a zen-like balance.. ๐ŸŒŸ

    What You'll Learn:

    ๐Ÿ“˜ Effective strategies for debt management and investment.

    ๐Ÿง˜ Insights into the financial aspects of being a yoga instructor.

    ๐ŸŒ How geo-arbitrage can significantly reduce living expenses.

    ๐Ÿ’ฐ Techniques for maximizing income through diverse yoga offerings.

    ๐Ÿค Importance of aligning financial and lifestyle goals in relationships.

    Keywords: Financial Independence, Debt Management, Yoga Instructor, Geo-arbitrage, Investments, Danielleโ€™s Journey, Money Habits, Teaching Yoga, Financial Stability, Couples Finance

    Resources:

    You are Badass book: https://a.co/d/0WiQKjX

    ๐ŸŒŸ Dive into this journey with Danielle and discover how aligning your financial habits with your life goals can lead to a more fulfilling and financially secure life. Donโ€™t forget to like, subscribe, and comment with your own financial aspirations and insights! ๐ŸŒŸ

  • Watch on YouTube

    Host David Baughier and guest Rick Heyse, a soon-to-be retired military officer with a passion for financial planning, explain the crucial "money mistakes" that young adults often make.

    ๐Ÿ†“ Free Money Course: https://www.fiology.com/free-fiology-workbook/

    This podcast is packed with actionable "money management tips for young adults" and is ideal for anyone starting their financial journey or seeking to improve their budgeting skills.

    Top 10 Money Mistakes Discussed:

    Not contributing to their Thrift Savings Plan (TSP) Not opening a Roth IRA Excessive disposable income spending Buying an expensive car Buying expensive recreational toys Co-signing loans/leases Loaning money to family and friends Neglecting adequate insurance Lack of knowledge about credit score Ignoring medical and other benefits

    ๐Ÿ’ก What You'll Learn:

    Essential tips on managing "money for young adults" and creating a robust financial foundation. Strategies for effective "money young" management, including insights on TSPs, Roth IRAs, and common financial pitfalls. Practical insights on budgeting, saving, and investing for long-term financial well-being.

    ๐Ÿ“š Recommended Reading:

    Explore "The Psychology of Money" for deeper understanding of the psychological factors that influence financial behavior.

    Amazon Link: https://a.co/d/hH79NSa

    ๐Ÿ”—  Resource Links:

    TSP.gov: https://www.tsp.gov/

    MyPay Website: https://mypay.dfas.mil/

    VA Benefits: https://benefits.va.gov/benefits/

    Free Annual Credit Report: https://www.annualcreditreport.com/index.action

    Time Value of Money: https://www.fiology.com/compound-interest-can-make-you-rich/

    ๐Ÿ‘ฅ Target Audience:

    This podcast is essential for young adults, military members, and anyone interested in enhancing their financial literacy and securing their financial future.

    Donโ€™t forget to like, subscribe, and share this podcast! Drop your questions or topics you'd like us to cover in future episodes in the comments below!

    #FinancialFauxPas #MoneyManagement #PersonalFinance #Investing #RetirementPlanning #MilitaryFinance #CreditManagement #Insurance

  • Watch on YouTube

    ๐Ÿ’ฐToday, we bring you an exclusive conversation between two investment gurus, JL Collins and Paul Merriman. They debate the secrets of building wealth, focusing on investment strategies, index funds, and the potential power of small-cap companies.

    If you're looking to sharpen your investment acumen, this episode is full of knowledge and insights!  Join us as we navigate through the crucial aspects of long-term investing, risk management, and the dynamics of the S&P 500 and Total Stock Market Index Fund.

    Paul and JL dissect the importance of diversification, disciplined strategies, and the psychology behind successful investing. Whether you're a seasoned investor or just starting out, this episode is packed with valuable tips and strategies for a robust financial future.

    Free Fiology Money Course: https://www.fiology.com/free-fiology-workbook/  

    Paul Merriman's Free Books: https://www.paulmerriman.com/free-books 

    S&P 500 vs US SCV Equity Portfolio Table discussed in episode: https://irp.cdn-website.com/6b78c197/files/uploaded/-G-%20S-P500%20vs.%20SCV%20TableG1b.pdf 

    JL Collins' Blog: https://jlcollinsnh.com/

    JL Collins' Books: 

    A Simple Path to Wealth: https://a.co/d/aSz8jhC

    Pathfinders: https://a.co/d/3hS5p1g  

    ๐Ÿ“š  Don't forget to like, share, and subscribe for more insightful discussions on personal finance and investment strategies. Drop your thoughts in the comments below and let us know what topics you'd like us to cover next! 

    #InvestmentStrategies #WealthBuilding #JLCollins #PaulMerriman #FinancialIndependence #IndexFunds #SmallCaps #MarketVolatility #InvestmentPsychology #PersonalFinancePodcast

  • ๐Ÿš€ Welcome to "How to FI: Beginnerโ€™s Guide to Reaching Financial Independence with Stephen Baughier"! ๐ŸŒŸ

    Watch this episode on How to FI on YouTube.

     ๐Ÿ”Š Dive into this enlightening 20-minute talk by Stephen Baughier, hosted at a Salesforce Talent Stacker event. Itโ€™s an incredible resource for anyone new to the FI journey or in need of a motivational refresher. This presentation is one of the most accessible and inspiring introductions to the concept of financial independence you'll find today! ๐Ÿ’ก 

    ๐ŸŒ References:

    - For more about the Salesforce Course and Events, visit Talent Stacker.

    -  Attend a CampFI

    - Free FI Lessons at Fiology 

    - Tune into the ChooseFI Podcast for more on financial independence.  

    ๐Ÿ“บ If youโ€™re watching this on YouTube and have questions about achieving FI, feel free to ask in the comments. Iโ€™m here to support and guide you on your journey to financial independence. ๐Ÿ™Œ  ๐ŸŽ™๏ธ This episode is a feature of the Forget About Money Podcast, hosted by David Baughier, where we delve into the intricacies of financial planning, and what it means to be truly independent. 

    ๐Ÿ—’๏ธ How to FI Summary: In this engaging lecture, Stephen Baughier discusses key strategies for reaching financial independence.  Learn about effective income-generating investments, applying the 4% rule, and calculating your FI number.  Discover how altering your savings rate can accelerate your journey to FI.   The talk underscores the importance of balancing financial success with enjoying life's moments.

  • Today, we're with JL Collins, the Godfather of Financial Independence (FI), discussing the allure of the VTSAX and chill strategy! ๐ŸŒŠ๐Ÿ’ฐ  ๐Ÿš€ 

    Watch VTSAX and Chill on YouTube.

     ๐Ÿ”‘ In this episode, JL Collins unpacks the simplicity and efficiency of VTSAX and Relax, showcasing the power of low-cost index funds in the pursuit of financial freedom. Forget market timing - it's all about the long game! ๐ŸŽฏ 

    JL Collins Blog

    JL Collins Sci-Fi Blog

    Books by JL Collins:

    Pathfinders

    The Simple Path to Wealth

    How I Lost Money in Real Estate Before it was Fashionable

    ๐ŸŒŸ What We Cover:  The unexpected success of "Simple Path to Wealth." How investing can be simple yet effective. The wisdom of passive index funds for wealth accumulation. Comparing index funds with stock picking. The role of fees, tax efficiency, and compelling storytelling in finance. 

    JL Collins shares anecdotes, laughs, and lessons, making this a must-listen for anyone on their financial independence journey. From the importance of VTSAX in a 401k plan to Warren Buffett's endorsement of index funds, we've got it all! ๐Ÿ“˜ 

    ๐Ÿ“š Long Summary: Dive into the details of how JL Collins champions the VTSAX and chill strategy. We explore the low-cost index funds route, emphasizing their efficiency in wealth accumulation and the vital role of fees and tax efficiency.

    Discover how a simple approach to investing can lead to significant wealth, backed by the historical performance of the S&P 500 index.  

    Listen to the Forget About Money Podcast wherever you listen to Podcasts. YouTube:  @ForgetAboutMoneyPodcast  

    Socials: @forgetaboutmoney 

    #VTSAX #FinancialIndependence #InvestingSimplified #JLCollins #SimplePathToWealth #IndexFunds #WealthBuilding #PassiveInvesting #LowCostIndexFunds #MarketTiming #SAndP500 #4PercentRule #ExpenseRatios #WarrenBuffett #FinancialWisdom #InvestmentStrategy #FIREmovement #VTSAXandChill #IndexInvesting #PersonalFinance

  • ๐ŸŽ™๏ธ Welcome to the latest episode of the Forget About Money Podcast, hosted by David Baughier. In this fun, inspirational, and information-packed episode, we're joined by the amazing Jackie Cummings Koski, a renowned financial expert and author, as she dives into her exciting new book, "F.I.R.E. for Dummies." ๐ŸŒŸ

    Watch F.I.R.E. for Dummies on YouTube

    ๐Ÿ•’ Timestamps & Chapters:

    0:00 Introduction

    0:51 Writing "FIRE for Dummies"

    2:01 Writing Experience: First Book

    4:09 Origin Story of the Book Title

    5:14 Simplifying Complex FIRE Topics

    6:06 Pre-order Information

    6:44 Research and Writing Process

    8:19 Importance of Credentials

    10:31 Collaboration with Technical Editor

    11:00 Top Financial Challenges

    16:41 Strategies for Financial Independence

    21:04 Navigating Financial Information Overload

    34:24 Impact of Financial Education

    35:30 Teaching Financial Concepts

    39:05 Mission of "FIRE for Dummies"

    ๐Ÿ”— Links:

    Pre-order "F.I.R.E. for Dummies" on Amazon: [https://a.co/d/gYus4Xh] Check out Jackie's podcast "Catching Up to FI": [https://catchinguptofi.com/]

    Follow Us:

    Twitter: @forgetaboutmoney Instagram: @forgetaboutmoney YouTube: @forgetaboutmoneypodcast

    ๐ŸŒŸ Don't forget to like, subscribe, and share this podcast for more insightful discussions on personal finance and the FIRE movement. Your support helps us bring more content like this to you!

    Long Summary:

    Today's episode is a treasure trove for anyone interested in the Financial Independence, Retire Early (FIRE) movement. Jackie Cummings Koski shares her journey in writing "FIRE for Dummies," giving us an exclusive behind-the-scenes look at her experiences, from the initial idea to the final manuscript. ๐Ÿ“–โœ๏ธ She discusses the challenges and triumphs she faced, her collaboration with experts, and her mission to simplify complex financial concepts for everyone.

    Jackie also reflects on her previous work, "Money Letters to My Daughter," describing it as a heartfelt project aimed at instilling financial wisdom in the next generation. She emphasizes the importance of starting financial education early and providing clear, accessible information to all.

    Throughout the podcast, Jackie provides invaluable insights into navigating the overwhelming world of financial information, stressing the importance of reliable sources and tailored education. ๐ŸŒ๐Ÿ’ก She also shares practical advice on investment strategies, the importance of diversification, and making smart financial decisions for long-term independence.

  • Today, we have the honor of hosting Dan Sheeks, the visionary behind Sheeks Freaks and the author of "First to a Million: A Teenager's Guide to Achieving Early Financial Independence." ๐ŸŒŸ  

    Join us as we explore the critical role of financial literacy in high schools and learn from Dan's unique insights. ๐Ÿ“˜๐Ÿš€  ๐Ÿ“š

    Episode Summary: Dan Sheeks, a beacon of financial education for youth, joins host David Baughier on the Forget About Money podcast. As an author and founder of Sheeks Freaks, Dan shares his expertise on financial literacy and its growing importance in high schools across the US.  

    This episode is packed with valuable insights, emphasizing early financial education and showcasing the power of like-minded communities in nurturing financially savvy young minds. ๐Ÿง ๐Ÿ’ผ  ๐Ÿ•’ 

    Time-Stamped Show Highlights: 

    00:00 Introduction: Meet Dan Sheeks, a trailblazer in youth financial education 

    01:09 Current State of Financial Education: The journey of personal finance in high schools 

    04:34 Evolution of Sheeks Freaks: How a community empowers Gen Z towards financial independence

    11:03 Mandated Curriculum: The shaping of personal finance classes

    19:36 Starting "Pay Yourself First" Habit Early: The magic of early financial planning 

    26:45 Teenagers' Investment Strategies: Guiding young minds in their financial journey 

    38:34 House Hacking: Unlocking a cheat code for investment  

    Connect with Dan Sheeks:

    ๐ŸŒ Website: Sheeks Freaks 

    ๐Ÿ“– Book: "First to a Million" 

    Connect with Forget About Money:

    ๐Ÿ“ฑ Social Media: @forgetaboutmoneypodcast (YouTube), @forgetaboutmoney (other platforms)  

    ๐Ÿ“ Additional Resource: 

    Financial Literacy in High Schools

    Join us for this enlightening conversation and get ready to transform your financial mindset! 

    Don't forget to like, share, and subscribe for more empowering episodes! 

    ๐Ÿ’ซ๐ŸŽ™๏ธ  #financialliteracy , #dansheeks, #highschool #earlyretirement , #sheeksfreaks , #househacking

  • Join Eric Cooper and Stephen Baughier with host David Baughier for a fun-filled, informative deep dive into the world of IRS 72(t) Early Withdrawal Strategy on "Forget About Money" podcast. ๐ŸŽง 

    Chapters ๐Ÿ“š 

    0:00:00 Introduction to Financial Independence and 72(t) Strategy ๐ŸŒˆ 

    0:01:28 FinTalks Cruise Shenanigans and Bets ๐Ÿ›ณ๏ธ๐Ÿ’ฌ 

    0:02:56 Drama-Free FinTalks Cruise ๐Ÿคฟ 

    0:04:45 Ski Trip Injuries and Retirement Decision ๐ŸŽฟโ›ท๏ธ 

    0:06:10 Bougie the Cat ๐Ÿฑ๐Ÿก 

    0:07:15 Military Recruitment and Son's Future Plans ๐Ÿช–๐ŸŒŸ 

    0:09:10 Early Retirement Obstacles and Financial Planning Shift ๐Ÿ’ผ๐Ÿ”„ 

    0:10:54 Mystery of 72(t) IRS Code and Recent Changes ๐Ÿ•ต๏ธโ€โ™‚๏ธ๐Ÿ” 

    0:14:15 Eric's Financial Snapshot and Approach to 72(t) ๐Ÿ’ฐ๐Ÿค“ 

    0:16:27 Stephen's Inquiries and Simplifying 72(t) Explanation ๐Ÿค”๐Ÿ—ฃ๏ธ 

    0:19:37 Detailed Discussion on 72(t) Mechanics and Methods ๐Ÿ”ง๐Ÿ“ˆ 

    0:22:33 Choosing the Fixed-Term Annuity ๐Ÿ’น 

    0:23:11 Resourceful Websites for Financial Planning ๐ŸŒ๐Ÿ“š 

    0:24:14 Exploring Different IRA Methodologies ๐Ÿค–๐Ÿ”ฌ 

    0:25:40 Flexibility in Adjusting Withdrawal Methods ๐Ÿง˜โ€โ™‚๏ธ๐Ÿ”„ 

    0:26:08 Transitioning from Landlord to Traveler ๐Ÿกโœˆ๏ธ 

    0:26:58 Embracing the 72(t) for Financial Freedom ๐Ÿค—๐Ÿ’ธ 

    0:29:41 Detailed Itinerary of Travel Adventures ๐Ÿ—บ๏ธ๐ŸŒ 

    0:32:08 Understanding the Rule of 55 ๐Ÿ“๐Ÿ‘ด 

    0:34:11 Tips and Cautionary Tales for 72(t) ๐Ÿšจ๐Ÿ’ก 

    0:36:16 Timing Considerations for 72(t) โฑ๏ธ๐Ÿค” 

    0:37:36 Reflecting on High School and Sibling Rivalry ๐Ÿซ๐Ÿ‘ฌ 

    0:40:22 Light-Hearted Banter and Accent Challenges ๐Ÿ˜‚๐Ÿ—ฃ๏ธ 

    0:42:38 Hilarious Sign-Offs and Goodbyes ๐Ÿ˜†๐Ÿ‘‹

    Hosted by: David Baughier and Guest Host Stephen Baughier

    Social Media: @forgetaboutmoney

    YouTube: @forgetaboutmoneypodcast

    Website References:

    Dare to Drawdown ๐Ÿš€ 

     MyFRS 72(t) Calculator ๐Ÿงฎ 

    Marks Money Mind - The Fun Bucket ๐Ÿชฃ  

    IRS - 72(t) Rules ๐Ÿ“œ 

    72(t) vs Rule of 55 ๐Ÿ“œ 

  • ๐ŸŽฌ Mahdi Cocci's Inspiring Journey from Navy to Hollywood Stardom  ๐ŸŒŸ 

    Join us in this captivating episode of Forget About Money, where Mahdi Cocci, famously known for his roles in Tyler Perry's 'Bruh' and Netflix's 'The Lovebirds', shares his incredible transformation from a naval officer to a successful actor. ๐ŸŒŸ 

     โš“ Chapters

    0:00:00 Introduction to Mahdi Cocci's Journey

    0:11:20 Naivety and Responsibility

    0:22:08 Applying for Navy ROTC Scholarship

    0:23:50 Changes in Navy ROTC Programs

    0:25:37 Transition from Navy to Acting

    0:25:43 Transition from Navy to LA Lifestyle

    0:26:51 Breakthrough in Acting Career

    0:29:43 Networking in Atlanta

    0:35:39 Financial Struggles as a Young Actor

    0:38:53 Overcoming Credit Card Debt

    0:39:04 Payment Methods and Retirement Planning

    0:45:45 Establishing an S-Corp for Tax Purposes

    0:46:51 Retirement Account Options for Actors

    0:51:07 Upcoming Projects in Acting Career 

    ๐ŸŽญ Long Summary

    Mahdi Cocci, known for his dynamic presence in both Tyler Perry's "Bruh" and Netflix's "The Lovebirds", takes us through his fascinating story on Forget About Money.

    From his early days in the Navy aboard the USS Tarawa to his bold leap into the acting world, Mahdi's journey is nothing short of inspiring.

    He opens up about the significant transitions in his life, from his initial modeling gigs to prominent roles in shows like The Walking Dead and She-Hulk.

    Mahdi also delves into the financial aspects of an actor's life, providing invaluable advice on managing finances, avoiding debt, and planning for a stable future.

    His story of resilience, dedication, and wise financial choices is a must-listen for anyone aspiring to make it in the entertainment industry. 

    ๐ŸŒŸ Brief Summary

    In this episode of Forget About Money, Mahdi Cocci discusses his transition from a naval officer to a renowned actor.

    We explore his journey from modeling to acting, emphasizing the importance of industry knowledge and financial wisdom.

    Mahdi shares his experiences and collaborations with industry giants like Tyler Perry and offers crucial insights into managing finances and planning for retirement.

    His story is a testament to the power of resilience and smart choices in navigating the complexities of the entertainment industry.

     ๐Ÿ“ฑ Follow Us Podcast

    Socials: @forgetaboutmoney

    YouTube Channel: @forgetaboutmoneypodcast 

    #MahdiCocci, #ForgetAboutMoneyPodcast, #ActorLife, #FromNavyToActing, #HollywoodJourney, #FinancialWisdom, #ActingCareer, #SuccessStories, #TylerPerry, #NetflixOriginals, #ResilienceInActing, #EntertainmentIndustry, #CareerTransformation, #RetirementPlanning, #DebtFreeJourney, #FinancialIndependence, #ActorsLife, #Showbiz, #BehindTheScenes, #LifeLessons, #InspiringStories, #LAActor, #AtlantaActingScene, #SavingsForActors, #TaxTipsForActors, #wealthmanagement 

    ๐ŸŒŸ Watch, listen, and be inspired as Mahdi Cocci unfolds his journey of transformation and success in the entertainment world.

    Don't forget to subscribe to our channel @forgetaboutmoneypodcast and follow us on social media @forgetaboutmoney for more inspiring stories! ๐ŸŒŸ

  • Join us in this episode of the 'Forget About Money' podcast as Jackie Cummings Koski shares her incredible journey from poverty to financial independence, retiring at 49 with a $1.3 million net worth on a modest salary. 

    Discover how Jackie overcame adversity, maximized her 401(k), and invested wisely to break free from the poverty cycle. Her dedication to financial literacy and empowering others in diverse communities is truly inspiring. 

    Timestamps:

    0:00:00 Transformative Journey

    0:04:46 Shaping Personal Finance Approach

    0:06:31 Doing More with Money

    0:10:17 Transition to Financial Knowledge

    0:17:16 Sharing Financial Wisdom

    0:23:03 Transition to Advocating

    0:25:27 Meeting People Where They Are

    0:28:06 Notable Success Story

    Follow 'Forget About Money' Podcast: 

    Instagram: @forgetaboutmoney

    YouTube: @forgetaboutmoneypodcast 

    Get Jackie's Book: Unlock financial wisdom with Jackie Cummings Koski's book, "Money Letters 2 My Daughter," available on Amazon: Get Your Copy here: https://www.amazon.com/Money-Letters-2-My-Daughter/dp/0989186008  

    โœจ Engage with the Content: 

    Like if Jackie's journey inspires you! Comment your insights on overcoming poverty.  Subscribe for more empowering stories and financial advice.  Share this episode to spread the message of financial independence! 

    #PovertyCycle #FinancialFreedom #JackieCummingsKoski #InvestingWisely #RetirementGoals #MoneyManagement #PersonalFinanceTips #Empowerment #FinancialLiteracy #ForgetAboutMoneyPodcast #MoneyLetters2MyDaughter #WealthBuilding #Inspiration

  • "๐ŸŽ™๏ธ Welcome to the latest episode of the Forget About Money Podcast, where we dive into the electrifying world of Tesla ownership and the future of electric vehicles in the U.S. ๐Ÿ‡บ๐Ÿ‡ธ! Join your host David Baughier as he sits down with Carl Jensen of 1500days.com to navigate the roads of Tesla driving, ownership experiences, and the broader impact of EVs on our environment and lifestyle. ๐ŸŒฑ๐Ÿ”‹

    ๐Ÿš˜ In this episode, we address the burning question: Should I Buy a Tesla in 2024? We cover everything from choosing a Tesla over other EVs, the practicalities of daily Tesla use, to the broader implications of driving a Tesla. ๐Ÿค” Carl Jensen shares his personal journey with his Tesla, giving us an insider's view on what it's like to own this innovative vehicle.

    ๐Ÿ”‘ Key Discussions Include:

    Decision-Making Process: How to choose the right Tesla model and what financial considerations to keep in mind. ๐Ÿ’ฐ Ownership Experience: Carl's firsthand account of living with a Tesla โ€“ the highs and the lows. ๐Ÿš—โค๏ธ Broader Perspective: The impact of driving a Tesla on the environment and changes in perspectives on sustainable living. ๐ŸŒ

    ๐Ÿ”Ž We also delve into intriguing topics like Tesla stock ownership, hidden costs, and the reality of long trips with an EV. Plus, we spice it up with a fun discussion about flying cars and Elon Musk's recent legal battles! ๐Ÿš€โš–๏ธ

    ๐Ÿ‘‰ Stay tuned for a comprehensive understanding of owning a Tesla in 2024, and get some invaluable tips if you're considering making the switch to an electric vehicle. Whether you're a tech enthusiast, an environmental advocate, or just curious about Teslas, this episode has something for everyone!

    ๐Ÿ“ฑ Follow us on social media for more exciting content: Twitter & Instagram: @forgetaboutmoney ๐ŸŒ YouTube: @forgetaboutmoneypodcast

    #TeslaIn2024 #EVFuture #SustainableDriving #ForgetAboutMoneyPodcast #CarlJensen #ElectricVehicles #ModelY #TeslaOwnership #TechTalk"

    Remember to like, share, and subscribe for more insightful discussions on the latest in technology and finance! ๐Ÿ””๐Ÿ’ฌ

    ๐Ÿ”— Relevant Links:

    Forbes Article on EV Sales: https://www.forbes.com/sites/edgarsten/2023/12/14/ev-sales-pace-is-running-short-of-power-going-into-2024/?sh=3124e51a7985

    NBC News on Elon Musk's Legal Battle: https://www.nbcnews.com/business/business-news/judge-throws-elon-musks-56-billion-tesla-pay-package-rcna136468

    ๐Ÿšจ Disclaimer: The opinions expressed in this podcast are for general informational purposes only and are not intended as financial advice."

  • ๐ŸŽ™๏ธ In this episode, we're all about setting powerful New Year's resolutions and making them stick. ๐Ÿ“…โœจ 

    Kick off 2024 with a bang on the latest episode of Forget About Money Podcast, hosted by David and Dusti! ๐ŸŒŸ  

    Dusti's Deep Dive:  

    ๐Ÿƒโ€โ™€๏ธ Marathon Ready: How she's preparing to conquer those 26.2 miles.

     ๐Ÿ‘ฅ Inner Circle Focus: Strengthening bonds and nurturing important relationships. 

    ๐Ÿ’ฐ Money Goals: Smart strategies for financial growth in 2024. 

    David's Physical Feats:

      ๐Ÿ’ช Body Transformation: His journey to peak fitness and how he plans to track progress. 

    ๐Ÿ“Š Measuring Success: Practical tips for tracking and staying motivated. 

    ๐Ÿ”ฅ Plus, Extra Insights!  ๐ŸŽฏ 

    Setting Realistic Goals: We share tips on how to set goals that inspire rather than intimidate. 

    ๐Ÿ“ˆ Monthly Check-Ins: Learn how to keep yourself accountable and on track. 

    ๐Ÿ‘ซ Power of Accountability Buddies: Dusti reveals how having a support system can make a huge difference.

     ๐Ÿ’ฌ Join the Conversation!

    What are your resolutions for 2024? Share in the comments and letโ€™s motivate each other to make this year the best one yet! 

    ๐Ÿ‘‰ Don't forget to like, share, and subscribe for more inspiration and practical tips to make your goals a reality. 

    ๐Ÿ”” Turn on notifications to stay updated with our journey through 2024!  

    Hashtags: #NewYearNewYou #2024Goals #ResolutionSuccess #MarathonTraining #FinancialGrowth #PersonalDevelopment #ForgetAboutMoneyPodcast #AccountabilityBuddy #GoalSetting #TrackYourProgress #InnerCircleStrength #FitnessJourney

     ๐Ÿ‘ฅ Connect with Us:  Follow us on Social Media! @forgetaboutmoney

  • ๐ŸŽ™๏ธ Today, we're joined by Alex, a young graduate student who's got his financial game on point! 

    ๐Ÿ’ผ๐Ÿ’ฐ This episode is a must-watch for anyone navigating money in their twenties.

    ๐ŸŒŸ  What's on the agenda: 

    House Hacking: David and Mindy break down the pros and cons of this popular strategy. Is it the key to financial freedom for young adults?  

    Paying Off Student Loans: To pay or not to pay? We explore the impact of student debt on financial planning. 

    Wanderlust vs Work: Balancing the dream of travel with career ambitions. Alex shares his plans. 

    Work-Life Harmony: How does a 20-something achieve it while building wealth? 

     ๐Ÿค” Despite his young age, Alex seems to have it all figured out.

    Mindy and David offer their feedback, but really, it looks like Alex just needs to keep doing what he's doing! 

    ๐Ÿ‘ฅ Join the Conversation: Share your thoughts and experiences in the comments.

    Are you in your twenties trying to make smart money moves? Let's discuss! 

    ๐Ÿ‘‰ Remember to like, share, and subscribe for more insightful episodes.  

    ๐Ÿ”” Turn on notifications for the latest tips and tricks on managing money smartly in your twenties. 

    Hashtags: #MoneyInYourTwenties #FinancialFreedom #InvestingYoung #HouseHacking #StudentLoanTips #WanderlustBudget #WorkLifeBalance #ForgetAboutMoneyPodcast #GradStudentFinance #SmartMoneyMoves #FinancialLiteracy #MillennialMoney

    ๐Ÿ‘ฅ Connect with Us:  Follow us on Social Media! @forgetaboutmoney

  • In today's episode, we're diving into a topic that's as old as money itself: Lending Money to Friends and Family. Is it a generous gesture or a recipe for disaster? ๐Ÿค”๐Ÿ’ธ 

     ๐Ÿ‘ฅ Highlights of this episode: 

    Pros of Loaning Money: We talk about when it's a good idea to lend money, the benefits it can have on relationships, and how it can sometimes be a lifeline for loved ones.

    Cons of Loaning Money: The pitfalls! We discuss the risks, the potential strain on relationships, and the awkwardness that money matters can bring.

    Guidelines for Lending: Whether you're the lender or the borrower, we share some must-follow rules to keep things smooth and maintain healthy relationships.

    Real-Life Stories: Hear some of our personal experiences and lessons learned from lending money to friends and family. ๐Ÿ” Should you ever loan money to those close to you?

    This episode doesn't just scratch the surface; it dives deep into the heart of the matter. 

    ๐Ÿ“ Essential Takeaways:  Lend with caution. Communicate clearly. Understand the emotional implications. 

    ๐Ÿ’ฌ Join the Discussion! Comment below to share your thoughts and experiences. Have you ever lent money to friends or family? How did it go? Let's chat about it!  ๐Ÿ‘‰ Don't forget to like, share, and subscribe for more insightful discussions on money matters. 

    ๐Ÿ”” Turn on notifications to stay updated with our latest episodes!  

    Hashtags: #MoneyMatters #FriendshipAndFinance #LoanWisdom #FinancialIndependence #ForgetAboutMoneyPodcast #FamilyFinance #MoneyTalks 

    ๐Ÿ‘ฅ Connect with Us:  Follow us on Social Media! @forgetaboutmoney on YouTube @ForgetAboutMoneyPodcast

  • ๐Ÿ‘ซ Whether you're a man or a woman, understanding prenuptial agreements is crucial in today's world. 

    Mindy, David, and Dusti explore the reasons why individuals may want to consider a prenup before tying the knot, and even delve into the concept of postnuptial agreements.

     In this episode:

    *Pros and Cons**: Weighing the benefits and drawbacks of prenuptial agreements.

    **Inclusivity**: What can and cannot be included in a prenup? Our hosts break it down.

    **Gender Perspectives**: Insightful discussions on how prenups affect both men and women.

     **Postnuptial Agreements**: Not just prenups - we also explore agreements made after marriage. 

    **Debate Corner**: Should prenuptial agreements be mandatory for all marriages? 

    ๐Ÿ”” Subscribe to @ForgetAboutMoneyPodcast for insights into finance, lifestyle, mindset, and more. Join Mindy, David, and Dusti as they unravel the complexities of money matters in an easily digestible format.  ๐Ÿ“ฒ 

    Contact us: [email protected]

    Follow us on Social Media:

    Twitter: @forgetaboutmoney

    Instagram: @forgetaboutmoney 

    Tiktok: @forgetaboutmoney

     #PrenuptialAgreements #FinancialPlanning #MarriageAndMoney #ForgetAboutMoneyPodcast #FinancePodcast