Beyond The Dollar - Deep and Honest Conversations On How Money Affects Your Well-Being
#60: Beau Humphreys comes on the show to chat about how he started gambling at a young age, became addicted as an adult, why he used gambling as a coping mechanism for his undiagnosed ADD, why he felt like he had to file for bankruptcy, when his last relapse happened and how he's been doing since that time.For resources mentioned in this episode head to http://beyondthedollar.co/60
EP089 Beau Humphreys - Gambling Addict to Personal Finance Coach
Young Money with Tracey Bissett
Beau Humphreys, Personal Finance Coach, helps people get their personal finances on track. He is also the host of The Personal Finance Show, which shares personal finance stories. Since going through a consumer proposal 8 years ago, Beau has transformed his finances and is now a regular financial blogger and accountability coach for others that are struggling with their finances. Beau has a Bachelor’s Degree in Administrative and Commercial Studies from Western University and has worked as a Tour Finance Manager with Live Nation Global Touring. Beau joins me today to share his story of dealing with a gambling addiction and how it lead to him becoming a personal finance coach. He reveals simple ways to manage your finances, from recognizing how much you earn to creating a simple financial plan. He highlights the importance of knowing where your money is being spent and stresses caution about using credit cards. He also shares how to get started with building savings and why jumping into investing does not need to be your first step. “Introspection and self-awareness are the keys to everything.” - Beau Humphreys This Week on Young Money: Beau’s previous addiction to gambling and working his way out of debt. His podcast and role as a personal finance and accountability coach. How to organize and simplify your personal finances. Why it is vital to track everything when planning your finances. Figuring out where your money is going. Why you should avoid using credit cards if you don't have that money in the bank. How to avoid high fees from eroding your returns when investing. Key takeaways: Start slow and start with the basics. You don’t have to jump into investing; you can start by building savings. If you don’t understand something, talk about it and ask questions. Resources Mentioned: EP057 Bankruptcy and Consumer Proposals 101 with Doug Hoyes Connect with Beau Humphreys: Beau Humphreys Personal Finance Coach Invest Wisely Financial Accounting The Personal Finance Show Beau Humphreys on Facebook Beau Humphreys on Twitter Beau Humphreys on LinkedIn Beau Humphreys on Instagram Rate, Share & Inspire Other Young Millionaires-in-the-Making Thanks for tuning into the Young Money Podcast - the advice show for young millionaires-in-the-making! If you enjoyed this week’s episode, head over to iTunes and leave us a rating and review. Visit our website to learn how easy it is to leave a review on iTunes. Don’t forget to share your favorite episodes on social media! Subscribe to the Young Money Podcast on iTunes so you never miss an episode and reach out to us on Facebook, Twitter, LinkedIn, our LinkedIn Company Page, or by visiting our website.
Boy are you going to LOVE this episode. This week I interviewed Beau Humphreys who is the host of The Personal Finance Show with Beau Humphreys. As well as a financial blogger and coach. Beau knows what it’s like to be broke after almost bankrupting himself due to a previous gambling addiction. After making arrangements to get himself out of debt, he explains his journey through life without the ability to borrow money of any kind. For Beau, this meant having to find ways to still get things done in everyday life, without having the luxury or being able to swipe a credit card. With no other options available, he had to save his money before buying anything which helped Beau overcome some major life obstacles while at the same time putting him on a life changing journey to financial freedom. Dive into this episode to learn more about what the challenges were, and more importantly how he was able to overcome them. To contact Beau please visit his website at: https://beauhumphreys.com/ as well as connecting with him on social media. Facebook: https://www.facebook.com/beauhumphreyspersonalfinancecoach Instagram: https://www.instagram.com/beauhumphreys/ LinkedIn: https://www.linkedin.com/in/beauhumphreys Twitter: https://twitter.com/beauhumphreys Quora: https://www.quora.com/profile/Beau-Humphreys
For this episode, the host becomes the guest and my wife becomes the host! I decided that after 75 episodes it was time to become the guest and tell my story. I’ve talked a lot on the show about my history with addiction but just bits and pieces here and there. I asked my wife, Kaila, if she would take over as the host for an episode and she agreed! We talked about how I got into my gambling addiction, how I got out of it, and what I learned about personal finance, and life in general, along the way. It all started with a Super Nintendo…NEXT EPISODE77 - Saijal Patel
Recovering from Gambling Addiction and Financial Ruin, with Beau Humphreys
The MapleMoney Show
Addictions of all kinds lead to problems with your relationships, career, and yes, also your money. Beau Humphreys is a Canadian Personal Finance Coach and the host of The Personal Finance Show. Beau leads us through the story of his gambling addiction and how it affected his finances, plus how he was able to overcome his problems and how others can get help with addiction. You can find the show notes for this episode at https://maplemoney.com/beauhumphreys Did you know, on average, Canadians have over $24,000 in high-interest credit card debt? That's why our sponsor Borrowell offers low-interest personal loans online, up to $35,000! Thousands of Canadians have relied on Borrowell for their personal loans. The average Borrowell borrower saves $4,812 in interest. To see what you could qualify for, head on over to https://maplemoney.com/borrowell
Homeownership after Bankruptcy with Beau Humphreys
The Burn Your Mortgage Podcast
Beau Humphreys is a Personal Finance Coach and Blogger and host of the Personal Finance Show Podcast. He also runs financialaccounting.ca, a website all about helping small businesses understand the value of bookkeeping and accounting. Beau has quite unique and inspirational story. He was addicted to gambling for most of his life. In fact, gambling almost ruined his life. He was in over his head with debt and didn’t know how to get out. It took him a long time, but eventually he squashed his gambling addiction and his debt. In my interview with Beau, we discuss the difference between a consumer proposal and bankruptcy, the steps you can take to rebuild your credit and why there’s still hope to own homes even if you struggle with addiction and money problems.
085 How to Squash Your Gambling Addiction and Get Out of Debt - Beau Humphreys, Personal Finance Coach
More Money Podcast
Former gambler turned personal finance coach Beau Humphreys shares his story from drowning debt to financial free. Long description: It was a random weeknight when I went to the Wealthsimple headquarters in downtown Toronto for their 3rd anniversary party. I was told there would be a donut wall, and I was not disappointed. Aside from the free donuts and drinks, I got to meet Beau Humphreys. I thought I knew all the Toronto personal finance bloggers, so it was a treat to meet Beau and hear his story at the party. Immediately I knew he had to be on my show. This episode is very different from any of my episodes, because it deals with a topic that I think most people wouldn't be as brave to openly discuss. Luckily Beau was happy to share his story of getting addicted to gambling at the young age of 11. There's a slogan by the BC Lottery (where I'm from) that's always stuck in my head: "Know your limit. Play within it." Good advice for sure, but let's get real here. Most people who frequent casinos or the race track on a regular basis know their limit, but are incapable of playing within it. Gambling is as serious an addition as alcoholism or drug addiction. And I think it's incredibly important for anyone dealing with something like this to recognize this and find the help they need. That's exactly what Beau did. He got professional help and it changed his life. He found out that his addiction stemmed from him having undiagnosed ADD. With that knowledge, he was able to turn his life around. And now look at him! He's travelling to Kenya for vacation and teaching others how they can get over whatever obstacle to achieve financial freedom. It's a happy coincidence I'm releasing this episode on Bell Let's Talk Day, which is all about talking openly about mental health. And for that reason I'm going to include some helpful links anyone is looking for someone to talk to. Helpful Resources Quotes to Live By Money problems usually having nothing to do with money. They're about something else in your life that you need to work on [...] Somebody giving you a bunch of money or you making more money isn't going to fix those things. Money can't buy you happiness, money can't fix your problems. You're problems probably have nothing to do with the fact that you have debt. You have debt because you have problems. Episodes You'll Want to Listen to After This Check Out Some of Beau's Best Blog Posts Follow Beau Humphreys Follow Beau on Like Beau on For more podcast episodes, check out the . Show notes: