Chain Of Wealth - Debt, Investing, Entrepreneurship, Wealth & More

Original Show Notes: Greg McBride from Bankrate   Bankrate.com is a one stop shop for financing. They offer services such that include personal finance loans, automobile loans, mortgages and credit cards. Today we are speaking with Greg McBride, a Chief Financial Analyst and a graduate from the University of Florida. He is the Senior Vice President for Bankrate.com. He helps provide analysis and advice on personal finance. With two decades of experience in personal finance. He also has the ability to provide an in-depth interpretation and practical advice to listeners.   Greg has some awesome advice on for people looking for information on investing for retirement. Greg, hopefully you can help our Chainer’s out with planning for home buying and retirement. [0:59] Tell us a bit about yourself. ·      Passion: to help people save more money [1:35] How can a person decide if it’s the right time to buy? What should be considered? ·      In it for the long haul ·      Have a long term view [2:33] When it comes

Original Show Notes: Elysia Stobbe from NFM Lending Elysia Stobbe NMLS ID#: 146751 is a home loan originator from NFM Lending located down in sunny Jacksonville, Florida. Buying a home is one of the most stressful times in a person’s life. As millennials start settling down and wanting to purchase homes with white picket fences and a golden retriever, there are a lot of questions lingering around in the backs of young professional minds.   Elysia, hopefully you can share some knowledge and make this transition seem a little easier. [1:27] Tell our listeners about yourself. Originating loans since 2003 Moved over 10 times Over 300 Million in residential loans [1:57] I want to buy a house, but how do I know if I’m ready? Really personal decision, consider family dynamic Are you ready to be part of a community? Consider cost of buying vs renting in your area [3:43] What are the different loans available? Is there a loan that is better than the other? VA loans, one of the best available, 0% down payment, no

Original Show Notes: Mary Wheeler from Abundant Wealth Solutions   Today’s guest Mary Wheeler is the master coach at Abundant Wealth Solutions. When I read her story, it reminded me of Katie’s student loan debt story and so many others. Mary went to Mississippi State University where she majored in Psychology with a minor in Marketing and upon graduating she had $27,000 worth of student loan debt. With this new debt, Mary decided to go back to school to earn the financial coaching designation and is super passionate about helping others dig their way out of student loan debt- the second highest contributor to the national debt crisis. Mary, thank you for being on the show and sharing your story. [1:06] So tell us something not related to your student loan debt- what are you like at home? Originally from Mississippi Currently living in Houston Enjoys spending time with family Recently taken up painting     [1:32] If you could go back to those blissful college days, what would you have done differently? Ins

Original Show Notes: Elisa Bennaton from The Ministry DC   Elisa Bennaton is a young entrepreneur that is planning on opening in my opinion, the best duo- a coffee and wine bar named The Ministry DC. Located near the Chain of Wealth studio in Washington, DC! Welcome Elisa! [0:44] Tell us something about yourself Based in DC for 3 years Originally from Honduras and Guatemala from way of London Identified a fantastic opportunity for culinary and cultural product in DC [1:43] Have you always felt like you were an entrepreneur? What made you decide to take the leap? Timing was always a hindering factor After doing a masters course in entrepreneurial management, that confirmed the passion. [2:43] If you could go back and tell a younger version of yourself something, what would it be? Budgeting is crucial Work experience, do what you believe in don’t let your lack of experience hinder you. [5:00] Where did the idea for a coffee/ wine bar come from? Foodie at heart Background in culinary arts and hospitality

Original Show Notes: Danielle Desir from The Thought Card Danielle Desir is a travel enthusiast and a financial analyst and grant specialist by trade. She created thethoughtcard.com where she shares tons of tips and tricks to find cheap travel discounts all while paying off debt. Danielle, welcome to the show. I’m excited to learn some of your tricks to all this travelling you do! [0:54]So first, can you tell our Chainers a bit about yourself? Travel/ finance enthusiast   [1:33]You have a “Work with me” tab on your site- what do you do to help people? Freelance writer travel reviews   [2:02]What financial move have you learned the most from? Owning a home   [4:03]You talked about in your blog, “sacrifices I made to pay off my student loans” that November 10, 2016 was the most important day of your life. Tell us about that journey. Finished paying $63,000 of debt Decided to make a final large payment amount   [5:22] How did you pay off your loans so quickly? $63,000 is a ton to pay off. Front- end

Original Show Notes: Eric Rosenberg   Author of the “Personal Finance Arsenal: Tools to save money, time and headache” Eric Rosenberg is now a full time freelance writer and his work has been published in places like the Huffington Post, Business Insider and Investopedia. Before his days as a freelance writer, Eric worked in banking before quitting his day job and taking the leap to work for himself. So, welcome Eric! [0:56]Can you tell our listeners a bit about yourself? Lives in Southern California Two dogs One little girl and another on the way   [1:37]How did you decide it was the right time to take the plunge to quit your job to work for yourself? Side hustling for a long time 2015- $40,000 in revenue on the side   [2:41]What made you the most nervous to work for yourself? How much will I make each month?   [3:25]You’ve been published in quite a few journals; can you explain your piece from Huffington Post about your strategy for paying off your student loans? $40,000 in student loans- paid off

Original show notes: Melanie Lockert on Student loans, debt, suicide, blogging   Today we have one of our favorite bloggers on the show- A theatre student turned professional blogger, Melanie Lockhart and her blog is called Dear Debt. On her blog, she writes some personal thoughts but she also invites others to write break-up letters with debt; something that most find liberating and esteem-building and liberating. Welcome Melanie. [0:51] question Please tell us some more about yourself. $81,000 in student loan debt In 2011 couldn’t find a job   [3:53] question If you could go back and tell your 18- year old self anything, what would it be? Don’t go to a private school Too big of a bill   [4:36] question On your page, I read that people who die by suicide are 8 times more likely to be in debt. Can you explain a little bit more about maybe some warning signs to be on the look-out for? And some resources to help people? Kept getting suicide surge traffic Debt is not a death sentence- you are worth m

For detailed show notes:David Weliver: Money Under 30   David founded Money Under 30 in 2006 as a way to document his efforts to pay off $80,000 of debt, and to provide a free resource to help young adults make financial decisions with confidence. David is a graduate of Bates College and worked previously at SmartMoney Magazine in New York.   Welcome David! [0:54]So tell us something about you we don’t know. Married with 2 kids Lives in Maine   [1:41]How did you get started with Money under 30?  Moved home with parents Needed to fix finances Wanted to help others   [3:32]If you could go back in time and give the 18 year old version of yourself one piece of advice what would it be and why? Don’t spend money you don’t have Glad for mistakes- brought about Money Under 30   [5:52]You have a section on your website about buying cars—something everyone hates. What tips and tricks do you have for buyers? Understand financing costs   [8:15]Do you recommend buying or leasing? How do you make the decision? Mos

Brandon Krieg from Stash Invest Hey Chainers and welcome to another edition of Chain of Wealth. Today we have a special guest, Brandon Krieg from Stash Invest. Brandon is the CEO and co-founder of Stash Invest; an investing platform that has helped over 1.2 million people learn how to invest. Learning how to invest in yourself is one of the hardest things we have to learn how to do.   [1:02] question Tell us about your personal life. 2 kids- 3 year-old and 4 year-old Went to culinary school Loves the Rangers hockey team   [1:40] question Where did the idea for Stash Invest come from? Non-finance friends asked about investing People want to do but overwhelmed with fear and not understanding how   [3:27] question If you could go back in time and give the 18-year-old version of yourself one piece of advice what would it be and why? Saved more money Gone out less   [4:29] question Give us some insight into what you or your company does. Mobile app Can start with $5 Customer gets a financial educat

Today we have John Doherty, an entrepreneur and digital marketing consultant. A graduate from James Madison University, located here in Virginia, he graduated in Technical and Scientific Communication as well as Online Publication in December of 2007. The founder of a company called Credo, a company to connect to other companies with the right agency or marketing consultant for their needs, John is also busy with freelance digital marketing consulting and an amazing photographer. Welcome John! [1:00] question So, tell us something we don’t know about you. Lives in Denver, Colorado Married with a dog Graduated college in 2007   [1:49] question If you could go back in time and give the college version of yourself one piece of advice what would it be and why? Have more fun Good at managing time   [2:39] question What financial mistake did you learn the most from? Watch budget more closely   [4:27] question Side jobs are so important these days; how did you get started freelance digital marketing?

A highly successful entrepreneur, Matt DeCoursey launched his first company in a spare bedroom in 2009. Using nothing but an AmEx card with an $8000 limit. Since then he has built companies that have generated millions of dollars in revenue. Currently, Matt is the founder and CEO of GigaBook, a cloud-based appointment-booking platform. So Matt, tell the Chainers a bit about yourself. 0:51 father of two children and a husband living in Kansas City, Kansas Hobby- making money and I haven’t worked a day since   So you have just had your second book published. Congrats! Let’s talk about “Million Dollar Bedroom: Scrappy lessons of success, setback and other surprises not taught in Business School” available in paperback at Amazon.com What was the motivation for this book? 1:56 My story Entrepreneurial journey   How long did it take you to complete “Million Dollar Bedroom?” 6:26 Less than 6 months   What was your favorite part of your book? 7:55 Finishing it   So Matt, what was your biggest disaste

Jackie Ruka is a life coach and happyoligist. She is the founder of Get Happy Zone, Inc. and has been quoted or published in the Wall Street Journal’s Market Watch, Yahoo Finance, Lioness Magazine for Female Entrepreneurs, Daily Worth, Fox5, NBC, Philly.com, Health and Family, U-T San Diego, the San Barbara News-Press and SHRM, for her knowledge in business coaching, her ability to overcoming self-limiting beliefs, and her expertise in wellness, and leadership skills. Wow, Jackie! That’s quite an impressive resume! Tell our listeners a bit about yourself, your family? Timestamp- 1:10 I am a Happyologist, work with women to focus on their passion. Live in beach town, outdoors person, likes to write, around family, work with children with learning disabilities Being a “Happyologist” sounds great! Tell us, how did you get started? Timestamp- 2:26 I did not come up with the term, positive psychology research- people who are stressed less when they focus on what they love. Give us some insight into what y

Hey Chainers!   Welcome to the first ever episode of Chain of Wealth!   We’re so excited to get going and start sharing awesome free actionable financial advice that is relevant to everyone.   One of the topics where there is a massive disconnect in society and definitely something that the average person does not know enough about it (unless you’re a financial professional) is Wealth.   Thus - Chain of Wealth was born with the vision and mission to provide daily actionable free financial advice through interviewing people that have excelled and done something extraordinary.   This very first episode, or Episode 0, is just Denis & Katie. We’ll chat a bit about ourselves and the plan is just to discuss a bit about the podcast and give information about how best to use the website.   Ok so firstly, let’s dive into the Podcast itself, why a Wealth Podcast and what is the Chain of Wealth?   Quite simply put, there is a massive amount of information available these days on the internet and there are some reall