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Money Peach

Updated 3 days ago

Business
Education
Investing
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Remember that class where they taught us how to handle the money? Neither do I. Creator and Award-Winning Blogger, Chris Peach of Money Peach, shows you exactly how to HAPPEN TO YOUR MONEY instead of your money happening to you. This is the show where you will actually learn something that you can take with you and implement right away. It’s about showing you the STEP-BY-STEP, COMMON-SENSE, and sometimes the in-you-face reality check, when it comes to BUDGETING, PAYING OFF DEBT, SAVING MONEY, BUILDING WEALTH, and all the little tips, tricks, and ideas along the way. Want the plan to get started with your life and money? Grab the free budget here: http://www.moneypeach.com/freebudget

Read more

Remember that class where they taught us how to handle the money? Neither do I. Creator and Award-Winning Blogger, Chris Peach of Money Peach, shows you exactly how to HAPPEN TO YOUR MONEY instead of your money happening to you. This is the show where you will actually learn something that you can take with you and implement right away. It’s about showing you the STEP-BY-STEP, COMMON-SENSE, and sometimes the in-you-face reality check, when it comes to BUDGETING, PAYING OFF DEBT, SAVING MONEY, BUILDING WEALTH, and all the little tips, tricks, and ideas along the way. Want the plan to get started with your life and money? Grab the free budget here: http://www.moneypeach.com/freebudget

iTunes Ratings

128 Ratings
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Fan

By VampireBunneh - Mar 26 2019
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I've been a fan for more than a year now. Chris's guest are some the best, and most informed in their respective industries.

Insightful information

By Bcrocks95 - Dec 21 2018
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I found this podcast while looking for a new finance podcast and wow. I have learned so much from the newest episode on Medicare! I look forward to learning more about this topic.

iTunes Ratings

128 Ratings
Average Ratings
120
5
3
0
0

Fan

By VampireBunneh - Mar 26 2019
Read more
I've been a fan for more than a year now. Chris's guest are some the best, and most informed in their respective industries.

Insightful information

By Bcrocks95 - Dec 21 2018
Read more
I found this podcast while looking for a new finance podcast and wow. I have learned so much from the newest episode on Medicare! I look forward to learning more about this topic.

Listen to:

Cover image of Money Peach

Money Peach

Updated 3 days ago

Read more

Remember that class where they taught us how to handle the money? Neither do I. Creator and Award-Winning Blogger, Chris Peach of Money Peach, shows you exactly how to HAPPEN TO YOUR MONEY instead of your money happening to you. This is the show where you will actually learn something that you can take with you and implement right away. It’s about showing you the STEP-BY-STEP, COMMON-SENSE, and sometimes the in-you-face reality check, when it comes to BUDGETING, PAYING OFF DEBT, SAVING MONEY, BUILDING WEALTH, and all the little tips, tricks, and ideas along the way. Want the plan to get started with your life and money? Grab the free budget here: http://www.moneypeach.com/freebudget

Rank #1: EP92: Pay Your 30-Year Mortgage in 5-7 Years on Your Existing Level of Income - with Jordan Goodman

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Jordan Goodman is a rockstar. You may have heard of him as America’s Money Answers Man and seen him as a regular CNN, Fox Business and radio segments across the country.

Jordan is referred to as the answers man because of his expertise on all things money, but I wanted him to come on the show for one reason and one reason only: The Equity Optimization Strategy

Jordan walks us through step-by-step how to pay down your 30-year mortgage in as little as 5-7 years using a HELOC.

Now, I am sure you’re waving red flags, and you definitely should be. I was too.

Therefore, I made sure Jordan broke it down step-by-step and I even had to ask him to explain it three different ways so we can all fully understand this strategy.

Here are just a few things we mention inside this episode:

  • Countries such as Australia and Japan already use this method of rapid mortgage acceleration
  • The reason it works is because mortgages used amortization schedules and HELOCs are based on average daily balance
  • You must have some equity in your home now
  • You must have a positive cash flow (income)
  • Why the banks will not like you after this


All the show notes, links and anything Jordan and I mentioned can be found at https://www.moneypeach.com/session92

May 03 2018

41mins

Play

Rank #2: EP051: Daily Rich Habits of Millionaires with Tom Corley

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In 2013, I was listening to the Dave Ramsey Show on the radio when he brought up an incredible book called Rich Habits by author Tom Corley.

After hearing about the book, and then listening to the interview with Mr. Corley, I immediately purchased the book and finished it that evening.

The Rich Habits were so powerful in my own life that I have continued to practice those same ten habits from the thousands of millionaires Tom interviewed for his research for his book all these years later.

What are the habits of America’s wealthiest people and what are the habits of the America’s poorest people? Some of what we talk about is obvious, however Tom shares some stories of other habits that none of us would ever even think about. My favorite…”the Hello Call”.

Tom Corley is not only an incredible guest to have on the show, but he shares habits you can start creating in your own life right now which will have a direct correlation on your income, net worth, financial security, and overall well-being.

All the show notes, links, and anything Tom and I mentioned can be found at http://www.moneypeach.com/session51

Jul 13 2017

54mins

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Rank #3: EP035: How to budget when you live paycheck to paycheck

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This week on the show I am going to switch roles. Instead of hosting the show and interviewing a guest, I am actually going to be the guest! Phillip Taylor from PT Money recently had me on his podcast to explain how to budget when you're living paycheck to paycheck. This is one topic I can talk on for days and after obtaining PT’s permission, I wanted to share the episode here! I don't just discuss the budget, but I also share a quick story with PT of our “ah-hah!” moment: the moment which caused Andrea and I to take back control of our life and money. You're going to love this week’s unique style on the podcast. All show notes can be found at: http://www.moneypeach.com/session35

Mar 23 2017

49mins

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Rank #4: EP003: The Power of Cash

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The term cash is king isn’t just a cliche, but rather an absolute truth. In this week’s episode, I share with you the power of cash from both sides: Saving Money and Purchasing Power. All of my students who have been through my program, know and understand the three areas of your life where you should have a cash-only mindset. Now, I am going to share my strategies for using cash and how we ended up saving $27,000 in just over 4 years by using cash. The Show Notes and Free Budget: http://moneypeach.com/session3

Jul 28 2016

12mins

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Rank #5: EP075: Get Your Financial SH*T Together - with Priya Malani

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Founder of Stash Wealth Priya Malani on the show to talk H.E.N.R.Y’s - High Earners Not Rich Yet.

Priya spent the first part of her career helping very wealthy individuals manage their high net worth in retirement and she came to one conclusion - IT WAS SUPER BORING!

Priya made the pivot and decided she start her own firm called Stash Wealth in order to focus all of her efforts on the people she could help the most - people just like herself.

“We are not your Father’s Financial Advisor”

The millennial generation isn’t interested in cutting back life and living on rice and beans. They are extreme hustlers, they can generate income in a minute, and they want to save, invest, pay off debt, AND have ridiculous amounts of fun.

In the show we talked about:

• Defining who the H.E.N.R.Y.s are • Profit first • Best Online Savings Account • Hating on Budgets (can you believe this?) • Emergency Funds for the H.E.N.R.Y. • What are some of the biggest mistakes to avoid as a H.E.N.R.Y.


Fun Fact: Priya and I don’t agree on everything, but that’s okay - it makes for a fun conversation!

Fun Fact 2: We had to use the heck out of the BLEEP Button on this one :)

All the show notes, links, and anything Priya and I mentioned can be found at https://www.moneypeach.com/session75

Dec 28 2017

37mins

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Rank #6: EP005: Saving Way More with Sinking Funds

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There are four main reasons for saving money, and one of the most popular reasons for saving is to buy “stuff”. In this week’s episode, I am going to show you the world of sinking funds. Sinking funds are the only way I recommend saving for your next big vacation, birthdays, holidays, a new car, or anything you can think of. I will show you the step-by-step system for setting up your sinking funds and how to integrate these sinking funds into your monthly budget. Save More with Sinking Funds: http://moneypeach.com/how-to-save-more-money-with-sinking-funds

Aug 11 2016

9mins

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Rank #7: EP038: Retired at 34?! - with John Gaston

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On the show today my guest is John Gaston. John is a close friend of mine, an extremely successful entrepreneur, and was able to retire at age 34. John is also my one on one mentor when it comes to my own business. Over the past few years John has shared a lot with me and I've begged him to come on the podcast to share his incredible story. John is very humble and also very private, so for him to come on this podcast took a lot of arm-twisting on my part. Some of the things John will share with us are: • How he got started and his passion for business


• Leaving the comfort of a steady paycheck


• The ups and downs of being an entrepreneur


• Overcoming extreme adversity


• Balancing the business and family life 


• Managing a partnership (with his best friend)
 All the show notes, links, and anything John and I talked about can be found at http://www.moneypeach.com/session38

Apr 13 2017

1hr 1min

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Rank #8: EP031: School Teacher Pays Off $44k in One Year!

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Wow. What an incredible success journey from Melinda Gray, a school teacher from Seattle. Melinda started following the Money Peach blog a little over a year ago and on January 28th, 2016, she sent me an email asking me for some advice. A few days later I replied to her email and told her what I would do if I were in her shoes...and SHE ACTUALLY DID IT! A year later she had taken the advice and paid off just over $44k and is now DEBT FREE. BUT FIRST...before we jump into an incredible success story, let’s answer this simple question: What does it take to win with money? Show notes, links, and anything else mentioned in this episode can be found here: http://moneypeach.com/session31

Feb 23 2017

40mins

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Rank #9: EP019: Top 7 Online Shopping Hacks

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More people will shop online for Christmas this year than ever before.

Before you shop, you must know these 7 online shopping hacks to add more money back into your wallet and less money into the online shopping cart.

Bonus: My favorite Christmas song and a tiny rant at the end! http://moneypeach.com/session19

Dec 01 2016

29mins

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Rank #10: EP85: The Simple Daily Habits of Millionaires with Tom Corley

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We are taking the week off of recording and wanted share a REPLAY of one of our favorite and most popular episodes from the podcast - my interview with Rich Habits Author, Tom Corley.

In 2013, I was listening to the Dave Ramsey Show on the radio when he brought up an incredible book called Rich Habits by author Tom Corley.

After hearing about the book, and then listening to the interview with Mr. Corley, I immediately purchased the book and finished it that evening.

The Rich Habits were so powerful in my own life that I have continued to practice those same ten habits from the thousands of millionaires Tom interviewed for his research for his book all these years later.

What are the habits of America’s wealthiest people and what are the habits of the America’s poorest people? Some of what we talk about is obvious, however Tom shares some stories of other habits that none of us would ever even think about. My favorite…”the Hello Call”

Tom Corley is not only an incredible guest to have on the show, but he shares habits you can start creating in your own life right now which will have a direct correlation on your income, net worth, financial security, and overall well-being.

All the show notes, links, and anything Tom and I mentioned can be found at http://www.moneypeach.com/session85

Mar 15 2018

53mins

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Rank #11: EP105: Retired by 34!? - with John Gaston

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Today is a replay of the most popular and most listened to episode of the past 104 episodes of the Money Peach Podcast.

My guest is John Gaston from Episode 38 back in April 2017. John is a close friend of mine, an extremely successful entrepreneur, and was able to retire at age 34.

John is also my one-on-one mentor when it comes to my building own business and over the past few years John has shared a lot with me and I've begged him to come on the podcast to share his incredible story.

John is very humble and also very private, so for him to come on this podcast took a lot of arm-twisting on my part. Some of the things John will share with us are:

  • How he got started and his passion for business
  • Leaving the comfort of a steady paycheck
  • The ups and downs of being an entrepreneur
  • Overcoming extreme adversity
  • Balancing the business and family life
  • Managing a partnership (with his best friend)

 

My Favorite Quotes from this Episode

“The most successful people in the world read 15 mins every single day”

“...I remember hearing if I read 15 minutes every single day, I could all but guarantee I would double my income in one year, and then I did”

“Every decision you make in your business could be the decision that takes you closer to your goal, or could be the decision that puts you on the streets”

“Everyone works for 40 years (age 20 to age 60). The idea of being successful is cramming 40 years of work into 20...and if you’re really extra bright, 15 years…”

“The idea was to do all the things most people weren’t willing to do today so I didn’t have to do them later”

“...never quit. You’re going to have good days and you’re going to have bad days. If you don’t quit, you’re going to eventually find success”

“Water boils at 212°F - think about how many entrepreneurs probably quit at 211°F . They were so close and yet never made it - never quit”

“If you can get 1% better everyday….over a period of 12 months you are 365% better, and that is a substantial improvement.”

All the show notes, links and anything John and I mentioned can be found at https://www.moneypeach.com/session105

Aug 02 2018

1hr 2mins

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Rank #12: EP042: Morning Routines, Extreme Focus, and Non-Stop Learning with George Laughton

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George Laughton and his wife Jennifer started the Laughton Team in 2007 and have steadily climbed to become one of the top real estate agents in the entire United States. In fact, George is not only a top 1% real estate agent across the country, but he was also the youngest person to ever be inducted into the RE/MAX Hall of Fame. With that said, I didn’t want to bring George on the show to talk about his success, but rather to discuss WHY he has been so successful. What separates him from the rest of the people trying to do the same thing in his field? What are some of his daily routines? What books does he read, where does he go to learn, who does he look to for mentoring, and how does he continue to improve every single day? During the interview, I asked George, “A lot of this seems so basic...why doesn’t everyone do these same things everyday?” Interestingly enough, George Laughton is asking the same question. BONUS: I of course put George on the spot and asked him to provide a PDF cheat sheet of his own morning routine to help you get started with yours. This routine was put together after following some of the most successful entrepreneurs on the planet and taking bits of pieces and forming his own. Since this interview, I have implemented the same morning routine in my own life. All the show notes, links, and anything George and I mentioned can be found at http://www.moneypeach.com/session42

May 11 2017

46mins

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Rank #13: EP004: The Truth About Your Debit Card

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Debit cards have become the read-headed step-child in your wallet. There is an absolute myth out there surrounding the safety of your debit card, and whether or not you are protected when purchasing online, when traveling, or anywhere for that matter. In this week’s episode, I will disprove these nasty rumors and share with you exactly what you should be doing when using your debit card. Bonus: I will answer questions you have about the new microchip debit cards. Show Notes and a Free Budget Download: http://moneypeach.com/session4

Aug 04 2016

9mins

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Rank #14: EP076: Earning over $600k Counting Cards? - with Colin Jones

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Colin Jones, founder of Blackjack Apprenticeship, on the show this week to share his crazy story of going from flat broke to generating a very high income by counting cards in Blackjack.

Yes, it sounds absolutely crazy and it was hard for me to digest when I first heard about his story. But, after meeting Colin in person and asking him everything I possibly could, I asked him to share his story.

Colin and I both agree that gambling is dumb. Sure, it’s fun and can be a form of entertainment, but NEVER count on it as a way to provide income. 
This is where Colin comes in - he is adamant that he doesn’t gamble. Instead, he is investing in the game of Blackjack and has an actual advantage over the house. This may also be the reason why he as been asked to leave countless casinos over the past decade for “winning too much”.

I ask Colin a bunch of questions I am sure you’re wondering too. Here are some of the main points we hit:

• Gambling vs Investing - I needed an explanation here • How long it takes to realistically count cards • Is it even legal (or just frowned upon) • Building his card counting team and generating $4 Million • His advice for anyone thinking about getting started • Success stories and huge losses along the way • The church group of card counters - “The Holy Rollers” • Free resources where you can learn to count cards too


All the show notes, links, and anything Colin and I mentioned can be found at https://www.moneypeach.com/session76

Jan 04 2018

37mins

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Rank #15: EP026: Why Do You Think They Want You to Lease Their Car?

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Today's episode is absolute full of it. I start us off with a little rant on celebrities and their opinions, millennials drinking coffee for retirement and my problem with the latte factor. Next we we jump right into a GREAT question from a listener on leasing cars. Have you ever wondered why every car commercial now sells a lease? There is a reason why and it's costing you way more than you could imagine. It's time to break down the car lease so you 100% understand why leasing is the most expensive way to operate any vehicle. http://moneypeach.com/session26

Jan 19 2017

30mins

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Rank #16: EP114: Why Your 401K is a BAD Plan - with Rebecca Walser

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Wow - did someone just say that your 401k is a bad plan?

Yes.

Rebecca Walser comes on the show to share with us why your 401k isn’t just hurting you...it’s actually KILLING your financial plan.

It all started back in 1978 when the famous 401k plan was in a way created by accident. Back in the late 1970s, most employers contributed to a defined benefit plan (AKA a pension) and that cost employers a lot of money.

During this same time, tax rates were much higher than they were today and some very highly compensated executives were looking for loopholes to avoid these high taxes. What they proposed was they could be bonused out in the form of a 401k plan, which allowed them to take their bonus, dump it into a 401k plan to avoid paying the high taxes now, and then grab that bonus money at retirement when taxes were much lower.

However, a few years later businesses started catching on and realized they would save millions upon millions of dollars by getting rid of the pension plan and moving to a 401k plan. Instead of having to fund a pension for years after retirement, they could offer a company match and have the employees contribute the majority to their retirement.

And that’s how the 401k became the retirement standard in today’s world...on accident.

But, it’s not 1978 anymore. Taxes are much different than they were then, the government debt is much higher than it was then, and there is a huge problem facing social security.

How are we going to pay for social security AND how are we going to pay off this massive $21 Trillion of debt?

Is it possible that taxes could go up from their all-time lows of 2017?

Wait a minute….if taxes are at an all-time low and we forecast we may need to raise taxes in the future to pay for the government's financial mess….then does it make sense to save in a 401k today?

Are we avoiding having to pay very low taxes today so we can pay much higher taxes in retirement?

In the interview, Rebecca and I talk about:

  • Conventional financial literacy and why it’s backwards for today’s world
  • The Social Security stats: the money is going to run out
  • Taxes and how they WILL affect you later in life
  • The history of the 401k and tax loopholes it once provided
  • How 4 out of 100 Americans will retire above the poverty line
  • Where you should be investing instead of the 401k
  • How to maximize your ROTH IRA using a conversion
  • And much much more...

All the show notes, links and anything Rebecca and I mentioned can be found at https://www.moneypeach.com/session114

Oct 04 2018

37mins

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Rank #17: EP062: 27 Year Old Blogger Makes $1,000,000 Per Year - with Michelle Schroeder-Gardner

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Michelle Schroeder-Gardner is one in a million. In 2011 she had started her blog Making Sense of Cents as a hobby to share her ideas of how she was managing the money in her early 20s. It wasn’t until after six months of blogging for fun, she was told by a friend she could actually make a few bucks through her blog.

Six months later she made her first $100 and began to realize there was room for growth. Fast forward to 2017 and she is consistently earning over $100,000 every single month from her blog! Not only is she generating an incredible income from her laptop, she is also doing all of this while living in an RV full-time with her husband so they can travel all over the United States.

I wanted Michelle to come on the show to share how she is as normal as normal can be, yet she also has such an incredible accomplishment - financial freedom and the ability to live the life many only dream about.

During the interview, I ask...

  • What sets Michelle apart from the thousands of bloggers who are trying to do the same thing she is?
  • How many hours per week does she really work?
  • What does a normal day look like for Michelle?
  • How does she generate income from her blog?
  • How does one really live full-time in an RV?

All the show notes, links, and anything Michelle and I mentioned can be found at https://www.moneypeach.com/session62

Sep 28 2017

42mins

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Rank #18: EP101: Financial Planning for the Thousand-aires - with Chris Hutchins

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Financial planning shouldn’t just be for the uber wealthy.

Chris Hutchins is coming on the show to talk about the problem we are beginning to face when it comes to getting professional financial planning advice: the cost.

A financial plan takes time to complete and that time costs $2,500 on average...and all that gets you is a one-time plan.

In addition, our lives have changed over the past few decades and fewer people are working a 30-year career, retiring with a pension, and then living happily ever after. 
Instead, what you see today is a constant move in careers, changes in life plans, moving all over the country/world, and countless other changes that are much different than what was once the norm.

And each time you make a life change, is it fair to have to spend $2,500 to adjust your plan with a financial planner?

Heck no!

Basically there are three different ways to get professional financial wealth building advice:

1. Meeting with a financial advisor (Expensive and individualized) 2. 100% robo-advisor (Cheap and cookie-cutter) 3. Hybrid approach (A mixture of both)


During the interview, Chris and I talk about:

• When the cookie-cutter approach to personal finance is actually a better plan • The problem when you try to apply only a robo-advisor to life and money • What life looks life for today’s investor • The challenges that people will face in the future in terms of investing • How to create an affordable plan fitting your lifestyle now and in the future


All the show notes, links and anything Chris and I mentioned can be found at https://www.moneypeach.com/session101

Jul 05 2018

37mins

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Rank #19: EP108: Climbing Out From Rock Bottom: How to Overcome $1 Million in Debt - with Steve Valentine

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Steve Valentine is a third generation real estate entrepreneur. From his start in the late 1990s, Steve created a real estate empire when the market was hot, everyone with a license could sell a home, and it almost felt like printing money.

Bill Gates was right when he said “Success is a Horrible Teacher” - this is exactly what happened to Steve. Things were going great, success seemed to be everywhere, and the business was becoming easier by the day.

That was until 2008.

In a blink of an eye, their business fell into shambles. They were way too far leveraged, couldn’t make their payments anymore, and lost everything.

Not only did they lose everything, but Steve was also facing over $1 million in debt - with a large majority of that debt owed to family, friends, and business partners.

He and his wife were completely broke, without an income, and had two young boys at home. They had become the example of “what not to do in business” and it was as transparent as can be - everyone was watching them and everyone knew what was happening to them.

Steve had a choice to make: do nothing or take massive levels of action.

In this episode, Steve and I talk about...

  • What happened? Why did he fail so badly?
  • What did that failure “feel” like?
  • How was he able to bounce back from the lowest point in life?
  • What was the greatest thing he has learned about failure
  • Failure is often followed by success - what does Steve’s life look like now
  • What changes did he make so this wouldn’t happen again

All the show notes, links and anything Steve and I mentioned can be found at https://www.moneypeach.com/session108

Aug 23 2018

32mins

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Rank #20: EP115: “I just walked away from a 6-figure income" - with Andrea Robinson

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She’s been the leading lady on local tv for nearly 15 years and now, she is stepping into the next chapter. She’s also my leading lady in life and the Mama to our crazy kiddos. We sit down and she answers the ONE question EVERYBODY has asked us since she resigned from her position.

“How can you just leave a job? An income? Are you scared?”

Many of you know our debt free story and how we were buried under $52,000 in debt in 2010. For those that don’t, well, we tried to keep up with the Jones’ for too long and well, it got us in BIG trouble. Expensive cars, stacks of credit cards with racked up bills, way too much crap and trips we had no business going on. We HAD to make some serious changes.

We had to adopt many new habits and behaviors to get rid of the excess and the debt. We still live under those principles to this day. These habits are what made giving up an income and moving into our next chapter of life, completely possible.

During our interview, Andrea and I break down our Top 5 Money Hacks that we still live by today. We credit each one for helping to get us diminish our debt nearly 8 years ago, move into this next current phase of life and still manage to love each other BIG.

Today we discuss:

• The dreaded “B” Word...yep, BUDGET, I know, but it works...however, we have a fancy-schmancy way of spinning it so it feels awesome. • The beauty of Sinking Funds aka little online piggy banks that make for saving for special treats easy and seamless. • The importance of an Emergency Fund. Trust us, that AC unit will go out in June, in Phoenix, while it is 110 degrees outside. • Old Cars. Yes, we drive 10 year old cars with 160k miles on them and we do not care what the peeps next door think. • The “$100” rule. We adopted this years ago and it still happens, with every purchase. It’s a must. 


All the show notes, links and anything Andrea and I mentioned can be found at https://www.moneypeach.com/session115

Oct 11 2018

28mins

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