66 episodes

Making money and managing money are two separate skills. Dr. Maria James, The Money Scientist™ and successful guest entrepreneurs discuss creating a thriving business and establishing personal financial security. Don't be a successful entrepreneurs whose personal finances aren't great or the person who fails in business but is great with your personal finances. If you're an entrepreneur, solopreneur, working a side hustle, or small business owner this is for you. Let's talk about what it takes to be successful in business and build wealth.

Pocket of Money Podcast Pocket of Money Podcast

    • Business
    • 5.0 • 9 Ratings

Making money and managing money are two separate skills. Dr. Maria James, The Money Scientist™ and successful guest entrepreneurs discuss creating a thriving business and establishing personal financial security. Don't be a successful entrepreneurs whose personal finances aren't great or the person who fails in business but is great with your personal finances. If you're an entrepreneur, solopreneur, working a side hustle, or small business owner this is for you. Let's talk about what it takes to be successful in business and build wealth.

    POM065: Maximize Credit Card Rewards & Travel For Less

    POM065: Maximize Credit Card Rewards & Travel For Less

     



    After over a year of quarantine and as countries and places start to welcome more visitors, you may be starting to plan trips. You may already have a list of where you’re going to travel. You’ll definitely want to listen to this episode of the podcast where I speak with Lee Huffman of Bald Thoughts about tips to use credit card rewards to travel for less.







    Listen and subscribe: iTunes, Stitcher, Spotify







    Lee Huffman, Bald Thoughts







    I used to work in corporate finance for a regional bank in Los Angeles. When it was made clear that it was time to leave, I quit my $200,000 job and moved to Nashville. Now, I write travel and personal finance articles full time and host the weekly We Travel There with Lee Huffman podcast.







    I also freelance write for many popular websites, including Forbes, Investopedia, FinanceBuzz, NerdWallet, SlickDeals, and more.







    Bald Thoughts Instagram, Twitter







    What You’ll Learn:







    In this episode, we discuss:









    * How to travel for cheap or low cost

    * How to use credit card miles and rewards to travel

    * How to prepare your credit to get the best credit card rewards

    * How to pick the best reward cards

    * How many credit cards you should have

    * A system to manage all your cards and rewards

    * How to find the best experiences and spots when traveling









    Resources Mentioned:









    * Cashbackmonitor.com

    * annualcreditreport.com

    * Debitize

    * Award Wallet

    * We Travel There Podcast

    * Bald Thoughts

    * 7 Days to Your Dream Vacation









    Thanks for Listening







    If you have any comments or questions about this episode, leave a comment below. If you liked what you heard subscribe on iTunes, Stitcher, or wherever you listen to podcasts and rate it. This helps the podcast show up for others.

    • 49 min
    POM064: 10 Top Budgeting Mistakes and Questions Explained

    POM064: 10 Top Budgeting Mistakes and Questions Explained

    One of the main things that prevents people from consistently budgeting is how they perceive a budget. A budget is often looked that as a way to restrict spending or spend less money. However, a budget is simply a plan for your spending. The budget is a major piece of the plan to achieve financial goals. Is the plot of where your money should go in order to make progress with financial goals.

    Budgeting does take some practice to get it right and, in the beginning, as in when you start using a budget or trying to become consistent with using a budget, a lot of questions will come up. There will be different scenarios regarding life events or your savings or your debt are how to handle certain situations that will come up.

    That’s what I discuss in this episode: the top budgeting mistakes and questions that may be preventing you from successfully budgeting.

     

    Listen and subscribe: iTunes, Stitcher, Spotify

     

    Resources Mentioned:

    WISE Financial Fitness

    WISE Financial Fitness is filled with personal finance and business courses, protocols, and resources to increase your financial fitness. You can be paired with a Junior or Senior Money Scientist to craft a comprehensive money strategy for your unique situation. 

     

    WISE Budget Box

    The WISE Budget Box will help you Go from “I hate budgeting” to consistently planning, successfully budgeting, and saving money every month. In the box you’ll receive everything you need to implement the 90 day budgeting system including the wise budget planner, fun financial and goals stickers you can use in the planner, and saving and debt tracking sheets.

    You’ll also have continuous access to the WISE Financial Fitness online academy filled with courses, protocols, and digital resources. Just when you start to fall off, the WISE Budget Box will give you a motivational jolt and you’ll get the box in the mail filled with a new set of tools every 90 days.

     

    How I Decreased My Food Budget by 79%

    I decreased my food budget by 79% and it didn’t have much to do with couponing. Food can be one of the more expensive categories in your monthly budget. It’s not a fixed expense, the amount is dependent on you. But that’s also the problem, the amount is dependent on you.

     

    Financial Planning Roadmap 2nd Ed

    This financial planner helps you consistently budget (by month or paycheck), analyze your budget, and track and analyze side hustle earnings for profit. If you don’t like your financial situation, then change it.

     

    Thanks for Listening

    If you have any comments or questions about this episode, leave a comment below. If you liked what you heard subscribe on iTunes, Stitcher, or wherever you listen to podcasts and rate it. This helps the podcast show up for others.

    • 26 min
    POM063: 8 Tax Tips to Better Your Business and Personal Finances with Atiya Brown

    POM063: 8 Tax Tips to Better Your Business and Personal Finances with Atiya Brown

     



    In this episode Atiya Brown, The Savvy Accountant shares:









    * the most common mistake new entrepreneurs make with finances

    * what documents entrepreneurs should track for taxes

    * the best tools to track items for business records

    * the most important items to track to avoid problems with taxes

    * personal finance tips for entrepreneurs

    * money management tips to better your credit the most important tip to get business credit









    Listen and subscribe: iTunes, Stitcher, Spotify







    Atiya Brown, The Savvy Accountant







    Atiya S. Brown aka The Savvy Accountant is a CPA, CA, and a Certified Financial Educator Instructor.







    She has over 15 years’ experience in the accounting/finance world. She attended The John Molson School of Business (JMSB) in Montreal, Canada for both undergrad and graduate studies. She finished in the top 5 of her graduating class before completing the Chartered Accountancy examination to become a CPA, CA.







    Atiya is the creator of The Savvy Accountant™ – where she specializes in helping small business owners maximize their financial position and position them for growth. She has a particular expertise within the real estate industry and is their go-to Accounting and Tax Advisor.







    Resources Mentioned:







    What Are The Money Rules? by Rayna Brown







    This is a children’s money book written for children by a youth author.







    MileIQ – mileage tracker







    Savvy Accountant – business website for Atiya Brown







    Live Financially Savvy – personal finance website from Atiya Brown







    WISE Financial Fitness







    WISE Financial Fitness is filled with personal finance and business courses, protocols, and resources to increase your financial fitness. You can be paired with a Junior or Senior Money Scientist to craft a comprehensive money strategy for your unique situation.







    Thanks for Listening







    If you have any comments or questions about this episode, leave a comment below. If you liked what you heard subscribe on iTunes, Stitcher, or wherever you listen to podcasts and rate it. This helps the podcast show up for others.

    • 41 min
    POM062: Cutting Costs Versus Increasing Income

    POM062: Cutting Costs Versus Increasing Income

    I’ve debated with others if a person who is working on mastering their money should be focused on cutting costs and decreasing expenses or increasing income. This is a question or debate have seen play out online as well. In this episode, we are going to talk about which one is the best way to increase financial fitness: cutting costs or increasing income.

    Listen and subscribe: iTunes, Stitcher, Spotify

    Resources Mentioned:

    WISE Financial Fitness

    WISE Financial Fitness is filled with personal finance and business courses, protocols, and resources to increase your financial fitness. You can be paired with a Junior or Senior Money Scientist to craft a comprehensive money strategy for your unique situation. To get the 60% discount, use the code WISE60. It expires February 15, 2021.

    Financial Planning Roadmap

    This financial planner helps you consistently budget (by month or paycheck), analyze your budget, and track and analyze side hustle earnings for profit. If you don’t like your financial situation, then change it.

    WISE Money Challenge Tips to Save and Earn More Money

    Ebook where I include over 100 side hustle resources in 10 categories. This book also contains in-detail 22 specific actionable tips to save or earn more money. It’s set up as a challenge to get you to take an action each day.

    WISE Budget Box

    Go from “I hate budgeting” to consistently planning, successfully budgeting, and saving money every month with the WISE Budget Box subscription. Only $75 per quarter ($25/month).

    Just when you start to fall off, the WISE Budget Box will give you a motivational jolt and a box filled with a new set of tools every 90 days. You’ll also have continuous access to the WISE Financial Fitness portal filled with courses, protocols, and digital resources.

    Thanks for Listening

    If you have any comments or questions about this episode, leave a comment below. If you liked what you heard subscribe on iTunes, Stitcher, or wherever you listen to podcasts and rate it. This helps the podcast show up for others.

    • 19 min
    POM061: New Personal Finance and Business Rules Learned from the Pandemic

    POM061: New Personal Finance and Business Rules Learned from the Pandemic

    With the pandemic and quarantines, we had to transition to doing almost everything at home. We had to rethink a lot of activities and normal protocols for doing things. This also applies to how we deal with our money and business or side hustle. In this episode, we’re going to discuss how the rules or common procedures around personal finance and business have shifted or changed. Things that you will need to do for financial and business success.

    Listen and subscribe: iTunes, Stitcher, Spotify

    Resources Mentioned:

    The Millionaire Next Door by Thomas Stanley and William Danko

    The Wealth Choice by Dr. Dennis Kimbro

    WISE Financial Fitness

    WISE Financial Fitness is filled with personal finance and business courses, protocols, and resources to increase your financial fitness. You can be paired with a Junior or Senior Money Scientist to craft a comprehensive money strategy for your unique situation.

    WISE Budget Box

    Go from “I hate budgeting” to consistently planning, successfully budgeting, and saving money every month with the WISE Budget Box subscription. Only $75 per quarter ($25/month).

    Just when you start to fall off, the WISE Budget Box will give you a motivational jolt and a box filled with a new set of tools every 90 days. You’ll also have continuous access to the WISE Financial Fitness portal filled with courses, protocols, and digital resources.

    Thanks for Listening

    If you have any comments or questions about this episode, leave a comment below. If you liked what you heard subscribe on iTunes, Stitcher, or wherever you listen to podcasts and rate it. This helps the podcast show up for others.

     

    Episode Transcript:

    This transcript is edited and not verbatim.

     

    Hey Success Rebels, It’s Dr. Maria James The Money Scientist. With the pandemic and quarantines, we had to transition to doing almost everything at home. We had to rethink a lot of activities and normal protocols for doing things. This also applies to how we deal with our money and business or side hustle. In this episode, we’re going to discuss how the rules or common procedures around personal finance and business have shifted or changed. Things that you will need to do for financial and business success.

    As a reminder we have great resources and articles on the blog at pocketofmoney.com. For those looking for a deeper dive into mastering their money and their business check out our programs WISE Financial Fitness and WISE Budget Box. Not only is WISE Financial Fitness filled with courses, protocols, and resources to increase your financial fitness, but you can be paired with a Junior or Senior Money Scientist to craft a comprehensive money strategy for your unique situation. I will have a link to WISE Financial Fitness and the WISE Budget Box on the show notes page at pocketofmoney.com.

    There was a significant shift in the financial status of a lot of people. A lot of people found themselves in financial situations that was unexpected in terms of good and bad. Millions and millions of people had to file for unemployment. So many people were furloughed or let go from their positions and had difficulty finding a new position in their industry because the entire industry was negatively impacted by the pandemic. It’s one thing for a single company to be going through a tough time and have to furl...

    • 28 min
    POM060: How to Pay Off Six Figures of Debt as a Couple with Bevin Morgan

    POM060: How to Pay Off Six Figures of Debt as a Couple with Bevin Morgan

    Listen and subscribe: iTunes, Stitcher, Spotify

    Bevin Morgan is a financial wellness coach providing community and accountability to Black women who are ready to step into financial confidence and abundance.   She has paid off over $200,000 of debt to become debt free. She currently owns two duplexes and is planning to buy six additional units over the next two years. She has made several job and career changes and is currently building a successful business as she works full-time. Her relationship with money has helped her live a life of purpose and ease despite the fact that she’s never stopped working hard (it just doesn’t feel like hard work).

    In this episode, Bevin discusses how she dug her way out of taking granola bars from work to survive to paying off $200,000 of debt without only being extremely frugal. You’ll learn



    * steps to create a mindset shift

    * an action plan to pay off debt

    * key tools or tips to get out of debt and stay motivated

    * how to work as a couple towards financial goals



     

    Resources Mentioned:

    Bevin Morgan’s Website – get additional information and resources

    Bevin’s Instagram profile

     

    WISE Budget Box

    Go from “I hate budgeting” to consistently planning, successfully budgeting, and saving money every month with the WISE Budget Box subscription. Only $75 per quarter ($25/month).

    Just when you start to fall off, the WISE Budget Box will give you a motivational jolt and a box filled with a new set of tools every 90 days. You’ll also have continuous access to the WISE Financial Fitness portal filled with courses, protocols, and digital resources.

     

    Thanks for Listening

    If you have any comments or questions about this episode, leave a comment below. If you liked what you heard subscribe on iTunes, Stitcher, or wherever you listen to podcasts and rate it. This helps the podcast show up for others.

    • 38 min

Customer Reviews

5.0 out of 5
9 Ratings

9 Ratings

GAPeaches ,

Valuable info delivered in a super accessible manner!

I love the broad range of topics covered. I especially love that the content is delivered in a conversational way and I never feel like I’m being lectured/preached “at” as I’ve experienced with similar podcast.

C'mon Clevis ,

Top notch info

Been listening for a couple days. Great material from the host and her guests. Glad I found it

Chaun C. ,

Great Podcast!

I enjoy listening to these podcast as I educate and change my money mindset. She offers a wealth of great information.

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