Melby Money Show

Shaun Melby, CFP®
  • 5.0 (3)
  • Investing
  • Updated Biweekly

Join Shaun Melby, CFP® as he discusses money, investments, retirement planning and how it impacts Millennials.

Episodes

  1. 02/19/2025

    Episode 12: Master The Basics: Traditional vs Roth vs Brokerage

    Understanding Investment Accounts: IRAs and Brokerage Accounts Explained In the 12th episode of the Melby Money Show, host Shaun Melby delves into the world of investment accounts, essential for effective financial planning. The episode focuses on Traditional IRAs, Roth IRAs, and brokerage accounts, discussing their unique features, benefits, and drawbacks. The episode also covers current events including the impact of a Chinese AI company, DeepSeek, on the tech industry, and broader economic implications. Listeners will gain a deeper understanding of how to navigate various investment options for long-term financial success. 00:00 Introduction to the Melby Money Show 01:42 Current Events: AI Market Shakeup 07:09 Sponsor Message: The Power of Diversification 08:11 Deep Dive: Traditional IRAs 10:41 Exploring Roth IRAs 12:52 Understanding Brokerage Accounts 14:37 Conclusion and Key Takeaways 15:59 Closing Remarks and Listener Engagement This podcast is for informational and educational purposes only.  This podcast is not financial advice.

    18 min

  2. 02/05/2025

    Episode 11: Debt Repayment Showdown: Snowball vs. Avalanche!

    In the 11th episode of the Melby Money Show, host Shaun Melby dives into debt repayment strategies with a focus on the debt snowball and debt avalanche methods. The episode explains the psychological benefits of the debt snowball approach, which emphasizes quick wins by paying off smaller debts first, and contrasts it with the debt avalanche strategy, which targets high-interest debts to minimize total interest paid over time. The discussion also includes an exploration of current financial events, notably the persistently high 10-year treasury yields despite Federal Reserve rate cuts. Additionally, the episode features a segment on understanding credit scores and how to improve them to secure better financial opportunities. Shaun underscores the importance of choosing a debt repayment strategy that aligns with one's personal financial situation and goals. 00:00 Welcome to the Melby Money Show 00:37 Understanding Debt Repayment Strategies 01:51 Current Events: High 10-Year Treasury Yields 06:33 Sponsor Message: Credit Scores Demystified 07:29 Deep Dive: Debt Snowball Method 09:20 Deep Dive: Debt Avalanche Method 11:05 Choosing the Right Debt Repayment Strategy 12:58 Conclusion and Farewell This podcast is for informational and educational purposes only.  This podcast is not financial advice.

    15 min

  3. 12/11/2024

    Episode 10: Choose Your Fighter: ETFs vs Mutual Funds

    Understanding ETFs and Mutual Funds: Key Differences and Benefits In the 10th episode of the Melby Money Show, host Shaun Melby provides an in-depth exploration of ETFs (Exchange Traded Funds) and mutual funds, their key differences, benefits, and how they fit into an investor's portfolio. The episode highlights the significance of diversification, professional management, and tax efficiency in these investment vehicles. Shaun also discusses current economic trends under a potential second Trump administration and offers practical advice on focusing on personal financial growth amidst political and market uncertainties. The show concludes with a segment on leveraging collateral to achieve financial goals. 00:00 Introduction and Housekeeping 00:53 Exploring ETFs and Mutual Funds 02:59 Current Events: Economic Landscape Under a Second Trump Administration 05:53 Understanding Control in Financial Success 07:44 The Power of Collateral 08:58 History of ETFs and Mutual Funds 11:46 Key Differences Between ETFs and Mutual Funds 14:32 Benefits and Considerations of ETFs vs. Mutual Funds 17:31 Conclusion and Farewell This podcast is for informational and educational purposes only.  This podcast is not financial advice.

    19 min

  4. 11/27/2024

    Episode 9: Stocks vs Bonds: Boost Your Investment IQ

    In the ninth episode of the Melby Money Show, host Shaun Melby demystifies the world of investing, focusing on the fundamental differences between stocks and bonds. He explains how a balanced portfolio of these investments can boost your financial future. The episode covers the latest economic updates, including GDP growth and inflation trends, and provides actionable advice on how to get started with investing. Listeners will also learn about capital gains and how to make informed financial decisions. Join Shaun as he breaks down financial concepts in an engaging and easy-to-understand way. 00:00 Introduction to the Melby Money Show 00:45 The Power of Early Investing 01:01 Understanding Stocks and Bonds 01:36 Current Economic Events 02:18 Impact of GDP on Personal Finance 03:13 Inflation and Its Effects 03:57 Practical Financial Advice 05:02 Sponsor Message: Capital Gains 06:13 Stocks vs. Bonds: A Deep Dive 10:38 Getting Started with Investing 12:37 Conclusion and Next Steps This podcast is for informational and educational purposes only.  This podcast is not financial advice.

    13 min

  5. 11/13/2024

    Episode 8: Create A Budget Today, Change Your Life!

    In the eighth episode of the Melby Money Show, host Shaun Melby underscores the critical role of budgeting in achieving financial freedom and stability. Shaun explains that budgeting is not about restriction but empowerment, providing a solid foundation for meeting financial goals such as home buying and retirement. He also discusses the concept of a 'soft landing' in the economy, referencing significant events of 2022 and examining current economic conditions and investment opportunities. 00:00 Welcome to the Melby Money Show 00:45 The Importance of Budgeting 01:51 Current Events: Economic Soft Landing 02:26 Understanding the Yield Curve 04:52 Implications of a Soft Landing 07:12 Financial Homework and Strategies 07:38 Sponsor Message: Asset Allocation 08:24 Adapting Your Asset Allocation 08:58 The Foundation of Your Finances: Budgeting 09:42 Transforming Day-to-Day Life with a Budget 10:43 Overcoming Budgeting Roadblocks 12:21 Creating a Budget That Works for You 14:55 The Impact of Budgeting on Investments 15:46 Adjusting Your Budget Over Time 16:20 Conclusion and Farewell This podcast is for informational and educational purposes only.  This podcast is not financial advice.

    18 min

  6. 10/30/2024

    Episode 7: How To Have $1,000,000 at 65 - A Roadmap For Achieving Long-Term Financial Goals

    In the seventh episode of the Melby Money Show, host Shaun Melby discusses practical strategies for long-term investing with the goal of reaching a million dollars by the age of 65. The episode begins with an overview of the upcoming 2024 presidential election and its potential impact on personal finances, highlighting key differences in economic policies of Donald Trump and Kamala Harris. Shaun then guides listeners through essential financial steps to secure their future, regardless of election outcomes. Key topics covered include the importance of early saving, the magic of compound interest, and actionable tips for different life stages. Additionally, Shaun emphasizes maintaining a diversified portfolio, preparing for potential changes in tax laws, and the long-term benefits of disciplined financial habits. Sponsored by APR, the episode offers insights into understanding the true cost of borrowing. Listeners are encouraged to start their wealth-building journey today with clear, manageable steps. 00:00 Introduction to the Melby Money Show 01:04 Current Events: 2024 Presidential Election and Your Finances 02:24 Financial Tips for Election Season 04:43 Understanding APR: The True Cost of Borrowing 05:52 Achieving a Million Dollars by Age 65 06:36 The Power of Starting Early 09:13 Saving Strategies for Different Life Stages 10:53 Practical Tips to Supercharge Your Savings 11:52 Conclusion and Final Thoughts This podcast is for informational and educational purposes only.  This podcast is not financial advice.

    15 min

  7. 10/16/2024

    Episode 6: Stepping Outside Your Comfort Zone - A Path to Personal and Professional Growth

    In the sixth episode of the Melby Money Show, host Shaun Melby explores the transformative power of stepping outside your comfort zone. He explains how growth and progress often come from tackling fears and embracing new challenges. The episode highlights the hidden costs of staying in your comfort zone and offers practical strategies to help listeners push beyond their boundaries. Additionally, Shaun breaks down the current economic landscape through the lens of the Sahm Rule and discusses its potential impact on job security and financial planning. This episode aims to equip listeners with the tools and motivation to kickstart personal growth in various aspects of life, from career advancements to improving mental and physical health, all while maintaining financial stability. 00:00 Introduction to the Melby Money Show 00:34 The Power of Leaving Your Comfort Zone 02:02 Current Events: The Sahm Rule and Job Market 06:12 Understanding Moral Hazard 07:51 Revisiting Comfort Zones 09:44 Financial Growth Outside Your Comfort Zone 11:12 Personal Growth and Health Benefits 13:34 Conclusion and Final Thoughts This podcast is for informational and educational purposes only.  This podcast is not financial advice.

    16 min

  8. 10/02/2024

    Episode 5: It's An Election Year - Should I Change My Investments?

    In the fifth episode of the Melby Money Show, host Shaun Melby addresses the anxiety and uncertainty that investors face during election years. He emphasizes the importance of maintaining a long-term perspective on investments regardless of the political climate. Historical market performances under different presidencies, the pitfalls of market timing, and strategies for managing emotions and staying the course are discussed. Additionally, the episode breaks down tariff policies of recent administrations and explores their economic impacts. Listeners are encouraged to stay invested and work with financial advisors to navigate turbulent times effectively. The episode concludes with a reminder of the importance of a well-diversified portfolio and the resilience of the stock market. 00:00 Introduction to the Melby Money Show 01:37 Understanding Tariffs and Their Impact 05:21 Sponsor Message: Benefits of IRAs 06:33 Stock Market Performance Under Different Presidencies 09:23 The Pitfalls of Market Timing 12:20 Managing Emotions During Political Uncertainty 14:46 Conclusion and Key Takeaways This podcast is for informational and educational purposes only.  This podcast is not financial advice.

    18 min

  9. 09/18/2024

    Episode 4: What Is Wealth?

    In this fourth episode of the Melby Money Show, host Shaun Melby explores the true meaning of wealth, emphasizing that it extends beyond financial stability to encompass physical, mental, and emotional well-being. The episode discusses the importance of aligning financial goals with personal values and how wealth can contribute to overall health, happiness, and family well-being. Shaun also addresses the impact of the Federal Reserve's potential interest rate cuts and the role of basis points in financial decisions. Drawing parallels with the character Don Draper from 'Mad Men,' the episode illustrates the hollowness of wealth when it lacks purpose and fulfillment, encouraging listeners to focus on a balanced, rich life that's more than just monetary gain. 00:00 Introduction to the Melby Money Show 00:52 Exploring the True Meaning of Wealth 01:26 Current Events: Federal Reserve Meeting 03:25 Understanding Basis Points 04:47 Lessons from Mad Men 07:24 Aligning Wealth with Personal Values 13:44 Conclusion and Final Thoughts This podcast is for informational and educational purposes only.  This podcast is not financial advice.

    18 min

  10. 09/04/2024

    Episode 3: Money Is A Tool

    In this third episode of the Melby Money Show, host Shaun Melby explores a transformative concept for Millennials: viewing money as a tool. The episode explores common misconceptions that create a scarcity mindset and limit financial potential, emphasizing the importance of shifting perspectives to see money as a means to achieve goals. Additionally, the episode offers practical strategies to overcome limiting beliefs and addresses the economic concepts of inflation and deflation, discussing their impact since the COVID-19 pandemic. The benefits of compound interest and the importance of financial education are also highlighted, along with actionable steps to start using money strategically. The episode concludes with a call for community engagement and ongoing learning. 00:00 Introduction to the Melby Money Show 00:33 Changing Your Perspective on Money 02:23 Current Events: Inflation and Deflation 06:39 Understanding Compound Interest 08:12 Practical Steps to Shift Your Money Mindset 10:48 Overcoming Limiting Beliefs About Money 14:20 Actionable Steps for Financial Success 17:17 Conclusion and Final Thoughts This podcast is for informational and educational purposes only.  This podcast is not financial advice.

    21 min

  11. 09/04/2024

    Episode 2: Navigating Financial Anxiety

    In this episode of the Melby Money Show, host Shaun Melby addresses the common financial anxieties faced by millennials, such as the fear of making mistakes, dealing with financial jargon, and worrying about not having enough money. Shaun emphasizes the importance of understanding and confronting these fears to gain financial confidence and control. He provides practical strategies including financial education, setting manageable goals, and seeking professional advice. Additionally, the episode outlines actionable steps like budgeting, tracking expenses, building an emergency fund, and beginning to invest. The ultimate goal is to equip listeners with the knowledge and tools needed for financial empowerment and stability. 00:00 Introduction to Financial Anxiety 01:22 Common Financial Fears 04:18 Overcoming Limiting Beliefs 06:14 Practical Strategies for Financial Control 08:17 Budgeting and Emergency Funds 09:47 Investing Basics 10:39 Recap and Final Tips 12:20 Conclusion and Farewell This podcast is for informational and educational purposes only.  This podcast is not financial advice.

    15 min

  12. 09/04/2024

    Episode 1: Welcome To Melby Money!

    In the inaugural episode of The Melby Money Show, host Shaun Melby shares his personal and professional background, detailing his transition from aspiring architect to financial planner. Shaun talks about his middle-class upbringing in Wisconsin, his academic journey through the University of Minnesota and Belmont University, and his subsequent career in the entertainment industry as a business manager. He explains his motivation for starting his company, Melby Wealth Management, which focuses primarily on helping millennials with financial planning. Finally, Shaun introduces the podcast's mission to educate listeners about personal finance and wealth building, and outlines the show's format and release schedule. 00:00 Welcome to the Melby Money Show 00:47 Shaun Melby's Background and Journey 01:26 Discovering a Passion for Finance 02:32 Career Beginnings and Challenges 05:05 Founding Melby Wealth Management 05:17 Purpose of the Podcast 06:24 Podcast Vision and Conclusion This podcast is for informational and educational purposes only.  This podcast is not financial advice.

    9 min
  • 12 Episodes

Ratings & Reviews

5
out of 5
3 Ratings

About

Join Shaun Melby, CFP® as he discusses money, investments, retirement planning and how it impacts Millennials.

Information

  • Creator
    Shaun Melby, CFP®
  • Years Active
    2024 - 2025
  • Episodes
    12
  • Rating
    Clean
  • Copyright
    © 2026 Melby Money Show
  • Show Website
    Melby Money Show