Forget About Money David Baughier

Watch on YouTube and subscribe @forgetaboutmoneypodcast [https://youtu.be/xsf4j-ql12s?si=am3fARXYdgoolZJ0]

🌟 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.

 🆓 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.. 🌟

What You'll Learn:

📘 Effective strategies for debt management and investment.

🧘 Insights into the financial aspects of being a yoga instructor.

🌏 How geo-arbitrage can significantly reduce living expenses.

💰 Techniques for maximizing income through diverse yoga offerings.

🤝 Importance of aligning financial and lifestyle goals in relationships.

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

Resources:

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

🌟 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. Don't forget to like, subscribe, and comment with your own financial aspirations and insights! 🌟

Watch on YouTube [https://www.youtube.com/@ForgetAboutMoneyPodcast?sub_confirmation=1]

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.

🆓 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:

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

💡 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.

📚 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

🔗  Resource Links:

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

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

👥 Target Audience:

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

Don'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 [https://www.youtube.com/@ForgetAboutMoneyPodcast?sub_confirmation=1]

💰Today, 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/   [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  

📚  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

🚀 Welcome to "How to FI: Beginner's Guide to Reaching Financial Independence with Stephen Baughier"! 🌟

Watch this episode on How to FI [https://youtu.be/9HrOWyEmz4o?si=76JRaEFNnb_13f13] on YouTube.

 🔊 Dive into this enlightening 20-minute talk by Stephen Baughier, hosted at a Salesforce Talent Stacker event. It'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! 💡 

🌐 References:

- For more about the Salesforce Course and Events, visit Talent Stacker [https://www.talentstacker.com/].

-  Attend a CampFI [https://campfi.org/]

- Free FI Lessons [https://www.fiology.com/free-fiology-workbook/] at Fiology 

- Tune into the ChooseFI Podcast [https://www.choosefi.com/] for more on financial independence.  

📺 If you're watching this on YouTube and have questions about achieving FI, feel free to ask in the comments. I'm here to support and guide you on your journey to financial independence. 🙌  🎙️ 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. 

🗒️ 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! 🌊💰  🚀 

Watch VTSAX and Chill [https://youtu.be/OhMQrXwGvWs?si=WjlY28a2SZGYG2P_] on YouTube.

 🔑 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! 🎯 

JL Collins Blog [https://www.jlcollinsnh.com/]

JL Collins Sci-Fi Blog [https://uraniumc.wordpress.com/]

Books by JL Collins:

Pathfinders [https://a.co/d/eObb3eq]

The Simple Path to Wealth [https://a.co/d/2zZXFnT]

How I Lost Money in Real Estate Before it was Fashionable [https://a.co/d/eMQZCQD]

🌟 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! 📘 

📚 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 [https://studio.youtube.com/channel/UCQ-1FsZB3aijluxc7q9EZrg] 

Socials: @forgetaboutmoney 

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

🎙️ 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." 🌟

Watch F.I.R.E. for Dummies [https://youtu.be/0w7rzoX3vv4?si=Qe3erpB0PO83tzx_] on YouTube

🕒 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"

🔗 Links:

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

Follow Us:

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

🌟 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. 📖✍️ 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. 🌍💡 She also shares practical advice on investment strategies, the importance of diversification, and making smart financial decisions for long-term independence.