The His and Her Money Show

Are you looking for a way to get rid of debt? You must be open to possibilities, have the willingness to give up some things and learn new ones, continually updating your knowledge, and possessing the guts to conquer your fears. No one knows what will happen in the future. You have to take the first step towards your ultimate goal, try your best with strategies, and stay focused on your way to financial freedom.

On today’s episode of The His & Her Money Show, we have a very successful real estate investor and blogger, Rich Carey, to share his debt freedom journey and give you some hope and inspiration! Rich grew up fascinated by real estate and still thinks it is the coolest thing to do. Later, he ended up being drowned by student loan debt of $32,000. His wife, who was his girlfriend at the time, encouraged him to be responsible for his obligations and helped him craft a plan to pay off the debt. They did side hustles and started his journey of real estate investing.

Afterward, they acquired a home mortgage worth $280,000. The family decided to live a very frugal life; eating out and having fancy vacations was not on their to-do list during this time. They chose to live on the smallest income possible and put everything else into savings and investments. With the combination of this unique approach and the power of real estate, plus his income from the Air Force, he found his way out from under. The mortgage was paid off quickly in just 6-7 years instead of the standard 30 years.

Rich pursued his real estate investment career despite working overseas. He purchased another rental property in cash to avoid the hassle and flipped it, earning a significant profit. The success of this idea led him to own 20 properties in one location. He proved that a real estate investment is not a nightmare but a vehicle for financial freedom and a more promising future.

WHAT YOU WILL LEARN IN THIS EPISODE

• How Rich shifted his mindset and became motivated to get out of debt
• How he ended up being a real estate investor
• Why he settled his 20 properties in one place
• How he bought 6 properties in just 10 months
• How he continually upgraded his knowledge
• The difference between buying things in cash or creating debt
• The benefits of having investments in one city
• Advice on choosing property managers
• How he decides if it’s a good buy or not

RESOURCES

Thank You for Listening!

Today’s show was sponsored by Teach Me How To Budget. If you are ready to gain freedom in your finances once and for all then enroll in our brand new personal finance course Teach Me How To Budget.

Thanks for tuning into the His & Her Money Show. If you have any comments or questions about today’s episode, please let us know your thoughts in the comment section below. If you’ve enjoyed this episode, please share it using the social media buttons you see at the bottom of the post.

Also, please leave an honest review for the His & Her Money Show on iTunes! Ratings and reviews are extremely helpful and greatly appreciated! They do matter in the rankings of the show and we do read each and every one of them.

Direct download: How_Rich_Used_Real_Estate_To_Get_Out_Of_Debt_and_Build_Wealth.mp3
Category:general -- posted at: 4:00am CDT

On this episode of The His & Her Money show, we have Abby Chou, one of the founders of College Backer. College Backer helps you to create a solid savings plan for your child’s future college education expenses.

RESOURCES MENTIONED IN THE EPISODE

Rich Dad Poor Dad by Robert Kiyosaki and Sharon Lechter

College Backer (https://collegebacker.com/hisandhermoney) = His and Her Money Show listeners can enjoy a special promotion from College Backer. If you start saving and put $20, they will put additional $20.

THANK YOU FOR LISTENING!

Thanks for tuning into us on The His & Her Money Show. If you have any comments or questions about today’s episode, please let us know your thoughts in the comments section below. If you’ve enjoyed this episode, please share it using the social media buttons you see at the bottom of the post.

Also, please leave an honest review for The His & Her Money Show on iTunes! Ratings and reviews are extremely helpful and greatly appreciated! They do matter in the rankings of the show, and we do read each and every one.


On today's episode of The His & Her Money Show, Bruce and Brenda McGrew are joining us today for an incredible debt-free story of faith, marriage, and making progress where you need it the most. this inspirational couple never stopped. They're both teachers in the public education system, and now they're schooling others around the country on finances, smart money management, and paying off all your debts - just like they did! Bruce and Brenda once had over $58,000 of debt, and now they're enjoying the wonderful world of debt freedom.

When Bruce and Brenda attended their first Financial Peace University class, they were going as moral support for another couple, not for themselves. They considered themselves pretty money smart already so they had no idea how great they'd benefit from the course, and the world it would open for them. But it did!

Six years ago at the beginning of their debt freedom journey, Bruce and Brenda had roughly $58,000 in consumer debt, from credit cards to car loans (and their "eight-thousand dollar blanket"), and they knew they had to get out from under it, and as soon as possible. In the first year of work, they'd already paid off $30,000, and after that, it was time to get even more creative and have some fun with it.

Today, debt-free and living well, Bruce is a certified Ramsey Solutions master financial coach, and this smart money couple loves to share any nugget of wisdom they can with YOU on their website, BruceMcgrew.com!

WHAT YOU WILL LEARN IN THIS EPISODE

  • The "hybrid method" Bruce and Brenda followed to debt freedom
  • How Bruce and Brenda accidentally got started on their debt-free journey
  • Handling finances as a couple, and the importance of trust
  • Tips for the brand new budgeter
  • Bruce and Brenda's "envelope" method

RESOURCES

TEAMM | https://brucemcgrew.com/

Thank You for Listening!

Thanks for tuning into the His & Her Money Show. If you have any comments or questions about today’s episode, please let us know your thoughts in the comment section below. If you’ve enjoyed this episode, please share it using the social media buttons you see at the bottom of the post.

Also, please leave an honest review of the His & Her Money Show on iTunes! Ratings and reviews are extremely helpful and greatly appreciated! They do matter in the rankings of the show and we do read each and every one of them.

Today’s show was sponsored by Teach Me How To Budget. If you are ready to gain freedom in your finances once and for all then enroll in our brand new personal finance course Teach Me How To Budget.

Direct download: FINAL_Bruce_and_Brenda_Episode.mp3
Category:general -- posted at: 4:00am CDT

On this episode of The His & Her Money show, we have Erin Odom, the brainchild of The Humbled Homemaker and an accomplished author of two books. Before they had children, Erin and her husband were working as teachers. After getting married, they experienced marital difficulties and went through a really hard time.

They learned a lot along the way especially in the area of how to make living on a single income work and how it helped her become creative in generating income for her family from home. She shares her advice along with some practical tips for anyone leaving in this current situation. 

WHAT YOU WILL LEARN IN THIS EPISODE

  • The challenges that Erin and her family experienced trying to set-up their finances.
  • How they were able to save.
  • Ways Erin could stay at home and raise her growing kids.
  • What they were able to cut from their budget.
  • The contents of Erin’s new book, You Can Stay Home With Your Kids! 100 Tips, Tricks, and Ways to Make It Work on a Budget and how it can help other families.
  • How Erin and her husband were able to instill saving and working values at a young age into their children’s minds.

RESOURCE MENTIONED IN THE EPISODE

THANK YOU FOR LISTENING!

Get your FREE audiobook download and 30-day free trial at HisandHerMoney.com/Audible. With over 150,000 titles to choose from for your iPhone, Android, Kindle or mp3 player, Audible has a ton of audiobooks for you to try no matter what genre you love to read.

Thanks for tuning into us on The His & Her Money Show. If you have any comments or questions about today’s episode, please let us know your thoughts in the comment section below. If you’ve enjoyed this episode, please share it using the social media buttons you see at the bottom of the post.

Also, please leave an honest review for The His & Her Money Show on iTunes! Ratings and reviews are extremely helpful and greatly appreciated! They do matter in the rankings of the show, and we do read each and every one of them.

 

Direct download: You_Can_Stay_Home_With_Your_Kids_with_Erin_Odom.mp3
Category:general -- posted at: 4:00am CDT

On today's episode of The His & Her Money Show, we have yet another great debt-free story. Chris from ApathyEnds.com has popped in to talk all about his experience investing, breaking out of debt, building long-term wealth, and reaching financial goals as quickly and efficiently as possible. Right now, Chris and his wife are just $13,000 away from paying off a massive $107,000 in debt, and came out of the process as super savers - that's a big money win-win!

When Chris graduated college, his student loans were divided between five different loan providers. They tallied up to about $85,000 total, with an extra $2,000 credit card debt and a $20,000 car loan that he and his then-fiance added to the mix. No couple wants to be weighed down with financial burdens, and they were no exception. They also they realized that in order to reach their financial goals, they needed to increase their income. So, taking on the task of eliminating their debt was a no-brainer, and essential to getting started on their financial independence journey!

Follow Chris and learn more about his process at www.apathyends.com!

WHAT YOU WILL LEARN IN THIS EPISODE

  • Why and when to consider re-financing your student loans
  • The benefits of auto-pay
  • Steps Chris and his wife are taking toward financial independence, and you can too
  • Breaking down the 4% rule
  • How Chris and his wife stay positive and united as a couple during their debt-free journey

RESOURCES

THANKS FOR LISTENING!

Thanks for tuning in to us on The His & Her Money Show. If you have any comments or questions about today’s episode, please let us know your thoughts in the comment section below.

If you’ve enjoyed this episode, please share it using the social media buttons you see at the bottom of the post.

Also, please leave an honest review for The The His & Her Money Show on iTunes! Ratings and reviews are extremely helpful and greatly appreciated! They do matter in the rankings of the show, and we do read each and every one of them.

Thanks to PolicyGenius.com for sponsoring our podcast. Policy Genius is the easiest site to shop for term life insurance. You can find the best policy in just 5 minutes!

Direct download: FINAL_Apathy_Ends_Episode.mp3
Category:general -- posted at: 4:00am CDT

On today's episode of The His & Her Money Show, we've brought in Gwen from Fiery Millennials! Gwen is an IT professional, co-host of Fire Drill podcast, and a superstar saver who's passionate about spreading the word on and reaching her own ultimate goal: financial independence! By the time Gwen was 25, she'd saved up six figures - her story is inspiring and we can't wait for you to learn how she did it!

 

 

WHAT YOU WILL LEARN IN THIS EPISODE

  • The benefits of living below your means
  • What is financial independence, and how to attain it
  • The biggest financial independence "killers"
  • Good debt vs. bad debt

RESOURCES

Thanks for tuning into us on The His & Her Money Show. If you have any comments or questions about today’s episode, please let us know your thoughts in the comment section below. If you’ve enjoyed this episode, please share it using the social media buttons you see at the bottom of the post.

Also, please leave an honest review for The His & Her Money Show on iTunes! Ratings and reviews are extremely helpful and greatly appreciated! They do matter in the rankings of the show, and we do read each and every one of them.

Today’s episode is sponsored by our friends at Credit Sesame. Credit is one of the most important things you’ll ever need throughout your entire life for student, car, home, and personal loans, etc. Credit Sesame gives you a free credit score, and so much more. They also provide free personalized finance tips and tools updated every month. Once you sign up for a Credit Sesame membership, you will get free identity theft for up to $50,000. It is an absolutely free product and they do not require a credit card. They will open the door to your financial future.

Direct download: FINAL_Fierry_Millenials_Interview.mp3
Category:general -- posted at: 4:00am CDT

Here at His & Her Money, we know there's nothing more important when it comes to managing your finances as a smart money couple than being a united front. This goes for all things money (and marriage!) related, but it's especially necessary when you're talking about debt. The journey to debt freedom is often full of sacrifices and big life changes along the way - and sometimes even a total lifestyle overhaul - and if you're not on the same page, the back and forth struggle can put a major strain on your end goal AND your relationship. But with dedication, faith, and togetherness, any couple can fight the good fight and come out the other side strong!

On today's episode of The His & Her Money Show, we've got a couple that did just that. Get ready for an incredible debt elimination story. Kerry and Kamille once had over $111,000 in debt, between credit cards and student loans, and it was just getting bigger. Once they truly started feeling the weight, they knew it was time to break free - and just 21 months later, they did! Now they're living completely debt free, and keep listening to find out how they did it!

Right before Kerry graduated college, the couple went on an 11-night celebration trip to the Caribbean. It was expensive, but they figured they'd pay it off over time. It wasn't long after, though, that they both started thinking about how much debt was piling up on their credit cards. It was obvious that eliminating their debt was the next logical step, for their finances and their marriage moving forward, and Kerry was already considering their options when Kamille suggested they go to Dave Ramsey's Financial Peace University. One class and they were hooked! Paying off their debt became a discipline, and just like anything, there were hiccups along the way - but there was no stopping them. And now, just 21 months later, Kerry and Kamille have paid off their debt completely, and they couldn't be happier!

WHAT YOU WILL LEARN IN THIS EPISODE

  • Why you shouldn't be content being average
  • When Kerry and Kamille decided to eliminate their debt
  • The importance of accountability and "accountability partner" benefits
  • Kerry and Kamile's faith began their approach to debt freedom
  • Different ways Kerry and Kamille budgeted and saved money
  • How to stay focused and disciplined

RESOURCES

Thank You for Listening!

Thanks for tuning into the His & Her Money Show. If you have any comments or questions about today’s episode, please let us know your thoughts in the comment section below. If you’ve enjoyed this episode, please share it using the social media buttons you see at the bottom of the post.

Also, please leave an honest review for the His & Her Money Show on iTunes! Ratings and reviews are extremely helpful and greatly appreciated! They do matter in the rankings of the show and we do read each and every one of them.

Today’s show was sponsored by Teach Me How To Budget. If you are ready to gain freedom in your finances once and for all then enroll in our brand new personal finance course Teach Me How To Budget.

Direct download: FINAL_Kerry_and_Kamille_Interview.mp3
Category:general -- posted at: 4:00am CDT

On today's episode of The His & Her Money Show, we've got an amazing guest coming on to chat with us about God, finances, and how she's using her faith and money smarts and skills to change lives. Emily Stroud is a wife, mom, author, entrepreneur, and financial adviser, working hard to change the stigma of talking about money - because talking about money is exactly what she loves to do!

Emily's whole family is in the ministry, so naturally, she assumed she'd follow in some way or another. While getting her MBA, set to pursue non-profit consulting for churches and ministries, she took some financial courses, and it was obvious that here she'd found her calling. 20 years later, she counsels couples and individuals on managing money and faith in the best way possible. Emily is an inspiring guru of advice on all things finances, and touches on debt, investment, and staying on track financially as a married unit. This fantastic episode is packed with so many nuggets of wisdom to take in, but it's still only the tip of the iceberg of what she covers in her books, so go check them out on Amazon and give them a read! You're sure to learn something new!

To learn more and find inspiration, keep up with Emily at EmilygStroud.com!

WHAT YOU WILL LEARN IN THIS EPISODE

  • Managing your credit cards with maturity and accountability
  • Approaching your spouse to talk about finances
  • Beating your "financial fear"
  • A rundown of Emily's free Budget Planner
  • The long-term importance of starting a budget
  • Spiritual rewards of living mindfully

RESOURCES

Thank You For Listening!

Get your FREE audiobook download and 30-day free trial at HisandHerMoney.com/Audible. With over 150,000 titles to choose from for your iPhone, Android, Kindle or mp3 player, Audible has a ton of audiobooks for you to try no matter what genre you love to read.

Thanks for tuning into us on The His & Her Money Show. If you have any comments or questions about today’s episode, please let us know your thoughts in the comment section below. If you’ve enjoyed this episode, please share it using the social media buttons you see at the bottom of the post.

Also, please leave an honest review for The His & Her Money Show on iTunes! Ratings and reviews are extremely helpful and greatly appreciated! They do matter in the rankings of the show, and we do read each and every one of them.

 

Direct download: How_to_Be_Faithful_With_Your_Finances_with_Emily_Stroud.mp3
Category:general -- posted at: 4:00am CDT

Eliminating debt isn't easy. It doesn't matter if you're single, a family unit, or a couple - it'll always have its challenges, and especially as newlyweds, tackling your finances might not be a challenge you want to take on right away. But the sooner the better! Forming a united front against your debt isn't just a learning experience and a lot of hard work and sacrifices: sure, it can be a test of marriage, but it's also taking the first big step towards financial freedom and starting to build the life you want together.

On today's episode of The His & Her Money Show, Michael Lacy is coming in to tell us all about his debt-free journey, and how he and his wife Taylor smashed $61,000 of debt in just 16 months! Michael is the founder of Black Sheep Finance, where he's a financial coach dedicated to offering clarity and practical advice for others who are struggling to achieve their financial dreams. He's a wealth of information and you're sure to learn something today!

Unlike so many Americans, Michael and Taylor didn't have student loans or a mortgage to contend with -- but they WERE swimming in credit card debt and car loans. Michael's father gave him plenty of financial advice from a young age, but once his credit card usage got started, it spiraled, and by the time they got married, he and Taylor had a whopping $61,000 of debt between them. There was no end in sight until they ended up rained in on their honeymoon, which turned out to be a blessing in disguise -- with nothing else to do, they started setting their goals for the future, tallied up their debt, and decided that it was time to finally take control of their finances.

Once they were both on board, they got straight to working budgeting and setting their financial priorities. It wasn't all easy -- there were some hiccups along the way, and sometimes the process started to weigh on their marriage, but 16 months later, Michael and Taylor were enjoying the end of their debt payoff on a cruise! How will YOU celebrate yours?

Find Michael at http://www.blacksheepfinance.com!

WHAT YOU WILL LEARN IN THIS EPISODE

  • The importance of accountability
  • The 4 modern financial essentials
  • Getting started and keeping up your momentum on your debt-free journey
  • Getting motivated to eliminate your debt
  • How newlyweds Michael and Lacy beat their $61,000 debt

RESOURCES

Thank You for Listening!

Thanks for tuning into the His & Her Money Show. If you have any comments or questions about today’s episode, please let us know your thoughts in the comment section below. If you’ve enjoyed this episode, please share it using the social media buttons you see at the bottom of the post.

Also, please leave an honest review of the His & Her Money Show on iTunes! Ratings and reviews are extremely helpful and greatly appreciated! They do matter in the rankings of the show and we do read each and every one of them.

Today’s show was sponsored by Teach Me How To Budget. If you are ready to gain freedom in your finances once and for all then enroll in our brand new personal finance course Teach Me How To Budget.

Direct download: FINAL_Michael_Lacy_interview.mp3
Category:general -- posted at: 4:00am CDT

On this episode of The His & Her Money show, we have Monica Louie who is here to teach on how to use Facebook Ads to grow your business.

Monica Louie a full-fledged Facebook Ads expert also shared the three main components of Facebook Ads: Firstly, you need to have an offer which can be as simple as a blog post or a free offer, download or training that people wants. Your offer should be an attention-grabbing one for people to engage with. Secondly, you need to find the right people who are interested in your offer. These people will share and spread your offer to their families and friends, gaining you organic reach. Lastly, make an attention-grabbing ad. This ad will grab other people’s attention and entice them to click through.

Monica also mentioned that she started with just as little as $5 a day for her budget. According to her, engagement plays a big role in your ad. More engagement means people are sharing the ads for you. It lowers the cost since it is higher click through. It also means more eyeballs for your ads.

She also shared the common mistakes that people make. People don’t have a clear strategy, what their goals are for their business. They are confused about the different things they want to do, which campaigns to use, and who are the audiences to target. They just dive in and didn’t know what they are doing. Lack of education can also hold you back in Facebook Ads success.

WHAT YOU WILL LEARN IN THIS EPISODE

  • How Monica started with Facebook ads
  • What are the components of a Facebook Ad
  • What are the important things that you need to take note when you are starting
  • Who should be your target audience
  • Is engagement important when it comes to ads?
  • Common mistakes people make with Facebook Ads

RESOURCE MENTIONED IN THE EPISODE

THANK YOU FOR LISTENING!

Thanks for tuning into us on The His & Her Money Show. If you have any comments or questions about today’s episode, please let us know your thoughts in the comment section below. If you’ve enjoyed this episode, please share it using the social media buttons you see at the bottom of the post.

Also, please leave an honest review of The His & Her Money Show on iTunes! Ratings and reviews are extremely helpful and greatly appreciated! They do matter in the rankings of the show, and we do read each and every one of them.

 

Direct download: FINAL_Monica_Louie_Interview.mp3
Category:general -- posted at: 4:00am CDT