Afford Anything Podcast

Build Financial Independence, Escape the 9-to-5, and Live Your Boldest Dreams

  • About
  • Blog
  • Binge
  • Media
  • Questions?
  • Listen

#115: How Dave Ramsey Taught His Kids About Money – with Rachel Cruze

February 5, 2018 By Paula Pant 2 Comments

Afford Anything Podcast - Rachel CruzeRachel Cruze was born the year her father, Dave Ramsey, filed for bankruptcy.

During her childhood, she watched her parents transition from struggling and rebuilding from their bankruptcy, to becoming debt-free multimillionaires.

Her dad went on to become the host of The Dave Ramsey Show, a money management radio show and podcast that reaches more than 12 million people per week. It’s central message is to budget carefully and avoid debt.

Despite their success, the Ramseys committed to raising money-smart kids. They didn’t want their children to become lazy or entitled. Rachel paid for toys as a child. She partially paid for her car as a teenager. She worked throughout college.

Rachel, now in her late 20’s, grew up to become an accomplished speaker and New York Times bestselling author. She and her father co-authored the book Smart Money, Smart Kids, which reached the number one spot on the NYTimes bestseller list. Her latest book, Love Your Life, Not Theirs, is also a mega-bestseller.

In this episode, Rachel describes the lessons she learned about saving, spending, budgeting, debt and giving as the daughter of Dave Ramsey.

[Read more…]

Filed Under: Episodes Tagged With: beachbody, gobankingrates, le tote, rachel cruze

#114: Ask Paula – How Should I Invest $100K in Real Estate?

January 29, 2018 By Paula Pant 1 Comment

Ask Paula 114 How should I invest 100k in real estateThis week, I answer five questions about real estate investing from the audience.

Joelle asks:
I own a home outright on the West Coast. I’m thinking about taking out $100,000 from my home equity, and using this money to buy a rental property.

I found a community out east where I can buy a property outright in cash for $100,000 in a good neighborhood. Should I pay cash for one house (via the home equity loan)? Or should I split this $100,000 into multiple down payments on many homes?

[Read more…]

Filed Under: Episodes Tagged With: ask paula, blue apron, freshbooks, gobankingrates, real estate

#113: How I Run a Six-Figure Business and Host an Airbnb while Traveling the World — with Natalie Sisson

January 22, 2018 By Paula Pant 7 Comments

#115: How I Run a Six-Figure Business and Host an Airbnb while Traveling the World -- with Natalie SissonNatalie Sisson was tired of the corporate world. She wanted freedom, adventure and fulfillment.

In 2008, she quit her job and co-founded a tech company — but soon she discovered that running a company felt a lot like having a day job.

Two years later, she quit her own company in order to truly strike out on her own.

Since 2010, Natalie has run an online business from her laptop while traveling the globe. She’s visited 70 countries, living out of a suitcase while running a lucrative six-figure business.

She also owns investment real estate in Portugal and New Zealand.
[Read more…]

Filed Under: Episodes Tagged With: airbnb, credit sesame, freedom, freshbooks, gobankingrates, natalie sisson, suitcase entrepreneur, travel

#112: Ask Paula – How to Convince a Spouse to Invest in Low-fee Index Funds?

January 15, 2018 By Paula Pant 2 Comments

Ask Paula 112 Joe and PaulaHow can I convince my spouse to invest in low-fee index funds? How should my fiancé and I combine our finances? If I’d like to invest in rental properties, should I also buy stocks?

Former financial planner Joe Saul-Sehy joins me to tackle these audience questions and more.

Thomas asks:
My wife is suspicious of Vanguard. She questions how they could stay in business while charging low fees — isn’t there a catch?

She’s also reluctant about investing the majority of our money in a broad-market index fund like VTSAX. She’d prefer more diversification.

Recently, we met with a major brokerage firm that charges a 1.75 percent management fee. How can I get my wife to see the detrimental effects of choosing this high-fee broker?

[Read more…]

Filed Under: Episodes Tagged With: ask paula, credit sesame, freshbooks, le tote

#111: How We Retired at Age 38 and 41 — with Tanja Hester & Mark Bunge

January 8, 2018 By Paula Pant 7 Comments

Afford Anything Podcast How We Retired at Age 38 and 41 -- with Tanja Hester & Mark BungeTanja Hester and Mark Bunge used to have demanding but fulfilling careers as political and social cause consultants.

While they loved the mission behind their work, they grew tired of the exhausting hours and grueling travel. Their home felt like a weekend crash pad. They had no time or energy to pursue outside passions like skiing, biking and volunteering.

Six years ago, they read a book that changed the course of their lives.
[Read more…]

Filed Under: Episodes Tagged With: beachbody, beachbody on demand, credit sesame, early retirement, gobankingrates, our next life

#110: Ask Paula — Get Ready for the Next Recession

January 1, 2018 By Paula Pant 2 Comments

Ask Paula Ep 110 Get Ready for the Next RecessionHappy New Years! We’re kicking off this year on a bright and cheerful note — with a conversation about the impending recession! Yay!

The U.S. stock market is at a peak, continuing its 9-year bull run. The markets have been rising since March 2009 without any major corrections or pullbacks.

We are living in one of the longest periods of economic expansion in our nation’s market history.

That’s worrisome.

[Read more…]

Filed Under: Episodes Tagged With: ask paula, blue apron, credit sesame, freshbooks

#109: How to Create a Complaint-Free World — with Will Bowen

December 25, 2017 By Paula Pant 2 Comments

Afford Anything Podcast Episode 109 - How to Create a Complaint Free World with Will BowenHappy holidays! I thought it would be nice to wrap up this year with a lighthearted holiday episode about the importance of keeping a positive attitude.

Will Bowen, my guest on the final episode of 2017 (wow!), started a campaign to motivate people to complain less.

He noticed that many people in his community said they wanted more stuff — more possessions — but they complained about what they already had.

So he wondered if perhaps people could find happiness not by purchasing more, but rather by complaining less.

[Read more…]

Filed Under: Episodes Tagged With: freshbooks, policy genius, will bowen

#108: Ask Paula – I Don’t Know How to Invest

December 18, 2017 By Paula Pant 2 Comments

Ask Paula and Joe - Afford Anything Podcast #108 - I don't know how to investFormer financial advisor Joe Saul-Sehy joins me to answer audience questions about investing strategies, early retirement, and tax planning.

Whitnee asks:

I’m 31, and my husband and I save half of our combined income. We’ve maxed out our H.S.A. accounts and we’re getting an employer match in our 401k. We have $80,000 stashed as cash in a checking or low-yield savings account.

We’re paying nearly $2,000 per month for insurance policies, most of which is a whole life insurance policy. We have a rental property that cash flows $210 per month; we pocket $150 and use the other $60 as an extra principal payment.

What should we do differently? How can we learn about investing? What funds should we focus on? Should we sell our rental property and invest the proceeds, or hold onto this? If we hold, should we focus on repaying the mortgage as quickly as possible?

[Read more…]

Filed Under: Episodes Tagged With: ask paula, credit sesame, freshbooks, investing, retirement, storyworth

#107: How Scott Harrison Brought Clean Water to 7.3 Million People

December 11, 2017 By Paula Pant 3 Comments

Scott Harrison Charity Water Afford Anything PodcastScott Harrison spent 10 years as a New York City nightclub promoter, partying until sunrise every morning and ingesting almost every substance imaginable.

But when he was 28, he realized his life lacked meaning.

“My tombstone might say, ‘here’s the guy who got thousands of people drunk,'” Harrison said.

Feeling lost, he decided to volunteer for a medical charity in Liberia.

Harrison spent the next year-and-a-half in West Africa, where he encountered people with diseases he’d never seen before — such as cholera, typhoid, dysentery, and fatal cases of diarrhea and dehydration.

He smelled the yellow-brown parasitic dirty water that millions of people were drinking. He discovered that unsafe, unclean drinking water is the world’s leading cause of death.

When he returned to New York City, he couldn’t bring himself to sell expensive bottled water at nightclubs anymore.

Instead, Harrison moved into a tiny closet and launched a nonprofit, Charity: Water.

Today, Charity: Water has funded more than 24,000 water projects that have brought safe, clean drinking water to more than 7.3 million people.

That’s the good news.

[Read more…]

Filed Under: Episodes Tagged With: charity, charity water, credit sesame, entrepreneur, freshbooks, giving back, scott harrison, volunteer, volunteering

#106: Ask Paula – How to Estimate Repair Costs, File Taxes on Rental Income, and More

December 4, 2017 By Paula Pant 1 Comment

Ask Paula Afford Anything Episode 106 Real EstateHow do you search for rental properties out-of-state? Should I offer a lease-option contract to my friends? How can I estimate repair and maintenance costs? And can you deep-dive into bookkeeping and taxes for rental real estate?

I tackle these four questions in this episode of Ask Paula – real estate edition.

Saul from Salt Lake City asks:

I’m converting the first floor of my home into a two-bedroom, one-bath apartment. My “hacked duplex” will soon be ready for my first tenant.

Can you deep-dive into the taxes and accounting? How should I keep records of my expenses, and what should I file?

[Read more…]

Filed Under: Episodes Tagged With: ask paula, blue apron, credit sesame, real estate, ship station, shipstation

  • « Previous Page
  • 1
  • 2
  • 3
  • 4
  • …
  • 13
  • Next Page »

Recent Episodes

  • #125: How to Gain a Competitive Edge, with Morgan Housel
  • #124: Ask Paula and Joe – Should I Sell My Brand-New Car (and Lose $6,000 in 4 Months)?
  • #123: Your Money or Your Life — with Vicki Robin, bestselling author
  • #122: Ask Paula – I’d Like to Airbnb a Yurt. Should I?
  • #121: How I Retired at Age 32 – with Liz Thames from Frugalwoods
  • #120: Ask Paula – I’m Retiring at 53. How Will Early Retirement Impact My Social Security?
  • #119: How Much Can I Spend in Retirement? – with Dr. Wade Pfau
  • #118: Ask Paula – How Do I Buy a Foreclosure? – and Other Real Estate Questions
  • #117: How to Avoid Killing Your Spouse (and Should You Get Married in the First Place?) – with Farnoosh Torabi
  • #116: Ask Paula – Help! I’m Underwater on My Car!

Copyright © 2018 · Afford Anything · A Narrow Bridge Media Design