The His and Her Money Show

In this episode of the His and Her Money Show, we talk with Marcia about her debt-free journey. We’ll cover how faith sparked Marcia’s drive to get rid of her debt, how she stayed on track, and what she is doing now as a person free of debt.   WHAT YOU WILL LEARN  How faith pushed Marcia Armstrong to finally take care of her debt The tools and resources Marcia you used to start getting out of debt...and remain out of debt How to increase your income  to help you pay off debt faster How Marcia celebrated that last payment that set her free from debt How Marcia developed a public speaking career from scratch How to stay accountable during your debt-free journey What she is enjoying after becoming debt-free Why Marcia says getting debt-free was bigger than one person   RESOURCES MENTIONED Total Money Makeover How to Stay Motivated on Your Financial Journey With a Visual Board How to Make a Zero-Based Budget The Millionaire Next Door The Pressure Trap: Breaking Free from the Pressures of Society to Become Who God Called You to Be

On this episode of His & Her Money, we sit down with Terrence and Erica to discuss how they’ve invested in their financial education to build their portfolio from one, duplex investment to owning multiple real estate, insurance, and property management businesses.   WHAT YOU WILL LEARN The difference between sweat equity and check equity How to learn and grow with your business How to increase your real estate investment returns The importance of asking questions Maximizing value in rentals How making mistakes can be an investment in your own education   RESOURCES MENTIONED The Millionaire Mind by Thomas J. Stanley Who Took My Money? by Robert T. Kiyosaki TM 5 Properties Murphy Signature Homes Terrence Murphy Realtor IG: @terrencerealtor IG: @TM5Properties

There are debt-free stories, and then there’s the story of Freddie and Sahirenys. This couple was not only able to clear $90,000+ in debt but also saved enough money to leave their jobs, start a business, get married, and raise two kids. On top of that, Sahirenys and Freddie did this in 5 years!   WHAT YOU WILL LEARN  Why your debt-free journey and budgeting approach should be personal to your situation How the Recession affected the way Freddie and Sahirenys looked at their debt Having conversations with your partner to make sure you are focused on the same financial goals Changing the conversation about student loans: The conversation Freddie and Sahirenys had about student loans  How the Recession changed Sahirenys and Freddie’s approach to a debt-free life How Sahirenys and Freddie set up an emergency fund while building a business and raising a family How they dealt with a family medical emergency...and kept up with their debt freedom plan Developing skills that allow you to get multiple jobs What to do about personal finance when your life doesn’t fit the textbook Why families of color need to share their debt freedom stories and have access to the right resources Balancing short-term and long-term needs in your budget as a couple The High 5 Banking Method   RESOURCES MENTIONED Mint Rich Dad, Poor Dad The Poised LIfestyle (Sahirenys’ website) Poised Lifestyle on Instagram

Sometimes, beginning your debt-free journey requires making some financial mistakes. Danielle Martin, a single, recently graduated college student, had to get herself about 39k in student loan, car loan, and credit card debt before she finally shifted her mindset and took steps towards paying off her debt. Although she left college with 13k in student loan debt, about six months out of college, she not only moved out of her parents’ house and into an apartment, sending half of her paycheck to rent, but also decided to buy a car, taking out another 23k in loans.  She had more than doubled her debt within her first month of moving into an apartment, and rather than saving up and paying it off, she continued to spend her money on shopping. It wasn’t until both her debit card and credit card had been declined that she finally realized she needed to make some lifestyle changes.   WHAT YOU WILL LEARN Shifting your mindset to take steps towards eliminating debt Staying motivated by celebrating every win Making sacrifices early to invest in your future   RESOURCES MENTIONED The Total Money Makeover by Dave Ramsey

In this episode of “In the Middle,” we talk to Anthony and Luan, a couple that has just finished paying off 15k of credit card debt in the past 7 months. They are still “in the middle” of their debt-free journey, and they now plan to take on their student loans and mortgage in the hopes of eliminating all debt.   WHAT YOU WILL LEARN How to surround yourself with debt-free influences How to cut back and only spend money on necessities Steps to have conversations with a partner about debt Tips to prioritize needed purchases How to hold each other accountable as partners to stay focused How to change your perspective on paying off debt as an investment in the future rather than paying off the past   RESOURCES MENTIONED Rich Dad, Poor Dad by Robert T. Kiyosaki and Tim Wheeler The Total Money Makeover by Dave Ramsey Think and Grow Rich by Napoleon Hill The Slight Edge by Jeff Olson The Compound Effect by Darren Hardy

So often, paying off debt can leave you thinking of the past - past spending, previous loans, perhaps past mistakes. But what if you approached paying off your debt as investing in your future? In this episode of His & Her Money, we sit down with Zach Pursley, a flight attendant for Delta Airlines. With over $47k of debt paid off within less than three years, Zach is proof that, with the correct mindset, determination, and, at times, sacrifice, it is absolutely possible to become debt-free in a short amount of time.   WHAT YOU WILL LEARN How to make small sacrifices to live frugally How to move home to save money Ways to set up a money-saving budget How to prioritize which loans to pay off Keeping a positive attitude and approach to paying off debt

On today’s episode of The His & Her Money Show, we talk with passive real estate investing guru and podcaster, Marco Santarelli. If getting into real estate investing is something that you’ve always wanted to do, but never made the leap Marco Santarelli is a voice you need to listen to. In this episode, Marco shares the story of how and why he got into real estate investing at the early age of 18.  Marco also takes time to break down the principles of real estate investing in his “10  Rules of Successful Investing”. These rules cover the principles of long-term real estate investing at a level that any beginner with a potential rental property can understand. He explains how to set investment goals, how to calculate profits, and how to set up your real estate team for success.   WHAT YOU WILL LEARN IN THIS EPISODE Why Marco started investing at 18 and what he learned from the process The biggest mistake he made on his first rental property Why is real estate a good investment? The 10 Rules of Successful Real Estate Investing How to educate yourself as a real estate investor How to set investment goals How to calculate profit from your real estate deals How can we know if a real estate deal looks good on paper? Should I have more than one bank account? What does “market agnostic” mean? The importance of hiring the right team for long-distance investing The top-down approach when picking a real estate property Diversifying your portfolio Signs of a good (and professional) property management company How to manage your real estate team for success   RESOURCES MENTIONED Think Realty magazine Realty 411 magazine National REIC magazine Other real estate magazines (BiggerPockets.com) Passive Real Estate Investing podcast Norada Real Estate Investments

Kyle Depiesse and his wife were deep in debt when a single search into his life-to-date income launched him into a thirty-eight-month journey to completely eliminate his debt. Since then, they have paid off two mortgages and a car loan, totaling up to $380,000 of debt.    WHAT YOU WILL LEARN Ways to communicate with and motivate a partner to tackle debt and make life changes How to stay connected and inspired by your goals and dreams How to set and celebrate smaller milestones Tips to budget on an irregular income How to live below your means How to increase your income by capitalizing on your own value Strategies to set your partner up for success as a stay-at-home parent   RESOURCES MENTIONED The 5 Love Languages by Gary Chapman Kyle's IG: @kyle_depiesse

On today’s episode of The His & Her Money Show, we talk about investing, but not from the perspective you might expect. We talk with Danielle Town, daughter of the investing legend, Phil Town, about the other side of investing. Danielle Town, who calls herself a “non-natural investor”,  shares why we need to consider our emotions when we invest and how to use that knowledge to our advantage. She also shares a unique investing strategy (used by Warren Buffett, himself) to take as much stress as possible out of investing.   WHAT YOU WILL LEARN IN THIS EPISODE Why investing can feel scary...even for a corporate lawyer and the daughter of a very famous investor Dealing with rational and irrational fear in investing How to move past the fear of investing Becoming comfortable with investing...even if you aren’t a numbers person Why should we learn about investing anyway? What is inflation? What is value investing? Why value investing is a good investment for “set it and forget it” and non-natural investors Charlie Munger’s 4 principles of successful value investing How do you pick a good company to invest in? When you should (and shouldn’t) use your emotions to guide your investment decisions How do you deal with the emotional roller coaster of investing news? Understanding your emotional connection to money   RESOURCES Invested: How Warren Buffett and Charlie Munger Taught Me to Master My Mind, My Emotions, and My Money (with a Little Help from My Dad) 4 charts will totally change how you think about saving money (CNBC.com) DanielleTown.com Danielle Town on YouTube

On today’s episode of The His & Her Money Show, we talk about a unique business opportunity that you might not have heard about, being a mobile notary. While the job of “mobile notary” doesn’t get a lot of press, it gets a lot of work. As the owner of a notary agency and notary training school, Andre Hatchett will tell you, notaries are needed everywhere.  Mobile notaries are needed to witness documents, sign loans, verify wills, take fingerprints, and much more.  Mobile notaries can make good money, whether they work part-time or full-time. In this episode, Andre shares everything you need to know to get started right after you listen to the podcast episode. He covers how to get into the business (and why he decided to become a notary), how much money you can expect, how to get training, and how to grow your business through marketing and specialization.   WHAT YOU WILL LEARN IN THIS EPISODE What is a notary? How do I become a mobile notary? Can you make a full-time income from being a notary? How much can you really make as a notary? What makes a successful notary? How much time do you have to spend to make this profitable? Secure at your job vs “self-employed”: Dealing with criticism as an entrepreneur What safety precautions can mobile notaries take? Insurance and tools: What kind of tools do I need to be a mobile notary? Do I need insurance? Should  I have a website? Is there still space in the market for someone just starting out? How do you grow as a mobile notary? Are the mobile notary services that bring in more money? How do you upsell notary services?   RESOURCES MENTIONED The Notary Business School (Use promo code: HAHM30 for 30% off) Directory of Secretary of State Offices and Websites Toll-Free Forwarding 123 Notary Notary Rotary Fiverr