The Golden Rules of Financial Freedom Don Golden

When most people think of a coach they think of the person who taught them to play a sport or who leads their favorite pro or college team. However, coaches aren't just for sports. There are all kinds of coaches in the world. There are life coaches, business coaches, nutrition coaches and yes, even personal finance coaches. In this episode we interview Carrie Williams of Running Valley Financial Associates, LLC and she talks about how she helps people get on track with their finances so they can create and travel down their own path to financial freedom. 
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If you start with the letter A then you draw a line to the letter B and A represents where you are right now in your financial journey and B represents where you want to go, otherwise known as your financial goals, which do you think is the most important? Would it surprise you if I told you that knowing where you are right now is not as important as knowing exactly what your financial goals are or where you want to go in the future? 
In this episode, America's Chief Results Officer, Blaine Oelkers explains this concept in detail and teaches us other techniques to help us reach our financial goals. 
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The Golden Law Group

There are some very basic rules of personal finance. If you learn and follow those rules, you will are perfectly capable of reaching financial freedom. We like to call these The Golden Rules of Financial Freedom. 
In this episode, bankruptcy attorney Don Golden tells us about his clients who usually have nothing saved for retirement. Seeing so many people suffer financially led Don to become passionate about helping people reach their financial goals. He talks about his personal finance story and introduces us to the first Golden Rule of Financial Freedom, you have to set a goal, develop a plan and follow it! 

What’s the most important thing when it comes to going from broke and bankrupt to financially free? Learning to manage your money. And the most important part of managing money is knowing how to budget. Figuring out a budget often strikes people as scary or a hassle, but it doesn’t have to be.   
On today’s show, we’re joined by Bobbi Olsen. Bobbi is a budget coach and the cohost of a budgeting podcast called Centsable Chat. Listen to the episode to hear what Bobbi has to say about the debt snowball versus the debt avalanche, how to allocate money, and her own journey from struggling with debt to financial freedom.  
Topics Discussed in This Episode:  
How Bobbi got interested in personal finance and budgeting  What resources Bobbi used to educate herself about personal finance  How long Bobbie was struggling before   Bobbi’s radio career  Debt snowball versus debt avalanche  How Bobbi counsels her clients about the debt snowball versus the debt avalanche  Whether it’s possible for everyone to get fully out of debt or be able to retire  The first step for someone to take to get on track  Bobbi’s podcast, Centsable Chat  How to think about your budget  What leveraging is  Allocating your budget  What to do about unexpected expenses  Enjoying the benefits of a worry-free financial life  The number-one reason for budgeting  The intent of Centsable Chat  How Bobbi’s budget-coaching business works   Links and Resources:  
Centsable Chat

Playing With fire sounds dangerous, but the FIRE movement is actually not about danger. In a way, it’s more about safety – or at least, having a safety net. Today, it’s not realistic to plan to work for the rest of your life. People are living longer thanks to better health practices and medicine, but that doesn’t necessarily mean that they’re able to work for all of that extra time. So how can you make sure that you have the money you need to live on when you reach a point where working is no longer feasible or desirable? The answer lies in financial independence. Listen to the episode to learn more about the FIRE movement and the journey toward financial independence. 
Topics Discussed in This Episode: 
Your position following a bankruptcy filing What the fire movement is all about How you reach financial independence Whether it’s realistic to work for the rest of your life The financial independence mindset Investing for your future Compound interest How to start saving  Links and Resources: 
Choose FI
Mr. Money Mustache

What can happen when you fall behind on your credit card payments? Most people know that they can expect a hit to their credit score and perhaps phone calls from creditors, but often they believe that since the debt is unsecured, nothing more serious can happen. However, this is not the case. Ignoring your credit card debt can be very dangerous to your financial situation. In this episode, we’ll be talking about what happens when you fail to pay your credit card debt and what you can do when you find yourself falling behind. 
Topics Discussed in This Episode: 
What it means when a credit card company charges off your debt What happens when a credit card company sells your debt What to do if you’re receiving phone calls from a company that has purchased your debt How you can be taken to court for your credit card debt What happens when you ignore a lawsuit filed by a creditor What your options are when you’re having financial difficulties What to do if you’ve been sued When to consider bankruptcy as an option  Links and Resources: 
Free Bankruptcy Book