Be Wealthy & Smart

Learn the money habits that hold you back from financial independence and freedom. These are 11 mistakes people make with their finances that can be devastating to wealth building. 1. Not saving enough 2. Not participating in a 401k or IRA 3. Not spending less than you earn 4. Not paying off credit card balances/debt 5. Buying brand new cars 6. Moving homes frequently 7. Paying full price for consumer goods 8. Buying adult toy vehicles 9. Collecting designer clothes/shoes/handbags/sports equipment 10. Not paying off student loans 11. Not looking for additional streams of income WEALTH HEIRESS TV Please subscribe to my *new* Wealth Heiress TV YouTube channel (it's not just for women, it's for men too!), here. THE HOLIDAY SIZZLE CONTEST IS ON NOW! You have a great chance to win 25 prizes! It's easy to enter. Just leave a podcast or book review. A podcast review = your name entered in the drawing 2 times. A book purchased elsewhere and reviewed on Amazon = your name entered into the drawing 3 times. A book review on Amazon purchased on Amazon (says "verified purchase" review), your name entered 5 times. A podcast + book review (either "verified purchase" or not) = your name entered in the drawing 10 times. Prizes are: 11 Wealthy Mindset Blueprint audios (value $197 ea.) 11 Wealth Heiress books, personalized by Linda. 3 winners will have a 1/2 hour wealth mentoring session with Linda (value $500). Drawing will occur January 1, 2019 and will be announced on the podcast. Leave a review on Amazon here. Get my book, "You're Already a Wealth Heiress, Now Think and Act Like One: 6 Practical Steps to Make It a Reality Now!" Available on Amazon. International buyers (if you live outside of the US) get my book here. WANT MORE FROM LINDA? Check out her programs. Join her on Instagram. Listen to the full library of podcasts from the beginning. Please subscribe, rate and review the show. I really appreciate it! Sponsor: Audible - Get your first audiobook for FREE today. Over 150,000 titles to choose from for your iPhone, Android, Kindle or mp3 player. This is the way I "read" more books and stay ahead of the curve. Visit Audible and get your first audiobook free! Be Wealthy & Smart,™ is a personal finance show with self-made millionaire Linda P. Jones, America's Wealth Mentor.™ Learn how to build wealth, make money, and have financial freedom. Introduction to principles of wealth building you won't hear about from your financial advisor. Learn how to get rich, the 6 Steps to Wealth, the Twin Pillars of Wealth Building™: Invest Like Billionaires™ and Create Your Luxury Brand™ Business.

Learn how to maximize your investments so your 401(k) or retirement plan will accumulate $1 million. About 150,000 people have a 401(k) of $1 million or more in 2017 and 152,000 IRA's have $1 million or more. Here are the steps to take: 1. Start as soon as possible. 2. Invest the maximum or at least get the match. 401(k) & 403 (b) = $18,500 Roth IRA benefits phase out (you can't contribute) if you earn too much money. IRA $5,500 3. If you're over age 50, add the catch up provision. 401(k) $18,500 + 6,000 = $24,500 IRA $5,500 + $1,000 4. Invest in stocks. 10% average annual return. $3,000 per year for 35 years @10% = $978k $8,000 per year for 25 years @ 10% = $952,000 $24,000 per year for 15 years @ 10% = $939,000 5. Don't use target funds. 6. Get comfortable with risk. 7. Stay the course. PLEASE NOTE: There are new contribution limits for 2019. Contribution limits have been increased $500. Details in podcast #479. WEALTH HEIRESS TV Please subscribe to my *new* Wealth Heiress TV YouTube channel (it's not just for women, it's for men too!), here. THE HOLIDAY SIZZLE CONTEST IS ON NOW! You have a great chance to win 25 prizes! It's easy to enter. Just leave a podcast or book review. A podcast review = your name entered in the drawing 2 times. A book purchased elsewhere and reviewed on Amazon = your name entered into the drawing 3 times. A book review on Amazon purchased on Amazon (says "verified purchase" review), your name entered 5 times. A podcast + book review (either "verified purchase" or not) = your name entered in the drawing 10 times. Prizes are: 11 Wealthy Mindset Blueprint audios (value $197 ea.) 11 Wealth Heiress books, personalized by Linda. 3 winners will have a 1/2 hour wealth mentoring session with Linda (value $500). Drawing will occur January 1, 2019 and will be announced on the podcast. Leave a review on Amazon here. Get my book, "You're Already a Wealth Heiress, Now Think and Act Like One: 6 Practical Steps to Make It a Reality Now!" Available on Amazon. International buyers (if you live outside of the US) get my book here. WANT MORE FROM LINDA? Check out her programs. Join her on Instagram. Listen to the full library of podcasts from the beginning. Please subscribe, rate and review the show. I really appreciate it! Sponsor: Audible - Get your first audiobook for FREE today. Over 150,000 titles to choose from for your iPhone, Android, Kindle or mp3 player. This is the way I "read" more books and stay ahead of the curve. Visit Audible and get your first audiobook free! Be Wealthy & Smart,™ is a personal finance show with self-made millionaire Linda P. Jones, America's Wealth Mentor.™ Learn how to build wealth, make money, and have financial freedom. Introduction to principles of wealth building you won't hear about from your financial advisor. Learn how to get rich, the 6 Steps to Wealth, the Twin Pillars of Wealth Building™: Invest Like Billionaires™ and Create Your Luxury Brand™ Business.

Learn which stocks and sectors are performing the best YTD. The top 10 best and worst performing stocks YTD in the S&P 500 and also the top 10 best sectors YTD. The FAANGs are not in the top 10 year-to-date, so what is? GE is not the worst stock YTD, so what is? I cover why the FAANGs have stalled, why the leading sector is no surprise, and what's going on with real estate. The article is here: https://www.marketwatch.com/story/here-are-the-sp-500s-best-and-worst-stock-performers-of-2018-2018-12-06 New! Wealth Heiress TV (for men too!) Be sure to subscribe my new Wealth Heiress TV channel on YouTube. Watch and subscribe here: http://lindapjones.com/WealthHeiressTV The Holiday Sizzle Contest is starting! A podcast review = your name entered in the drawing 2 times. A book review on Amazon = your name entered 3 times or if a verified purchase review, then 5 times. A podcast + book review (either verified purchase or not) = your name entered in the drawing 10 times. Prizes are: 11 Sets of 3 Wealthy Mindset Blueprint audios (value $197 ea.) 11 Wealth Heiress books, with it personalized by moi. 3 winners will have a 1/2 hour wealth mentoring session with me (value $500). Drawing will occur January 1, 2019 and will be announced on the podcast. Financial freedom requires knowledge + action. Get my book, "You're Already a Wealth Heiress, Now Think and Act Like One: 6 Practical Steps to Make It a Reality Now!" Available on Amazon: http://amzn.to/2Hy9qk4 International buyers (if you live outside of the US) can now get my book at http://amazon.co.uk Leave a book review on Amazon here: https://amzn.to/2D4uBZ5 Join me on Instagram at http://Instagram.com/lindapjones The full library of my podcasts from the beginning are available at https://www.lindapjones.com/podcasts/ Please subscribe, rate and review the show. I really appreciate it! Today's sponsor is Audible. It's how I "read" more books. Get your first audiobook for FREE today (I recommend Think & Grow Rich), here: https://www.audibletrial.com/bewealthyandsmart

Learn if it is wise to be acting on financial news with the author of "How To Be a Financial Grownup", Bobbi Rebell. Why do certain stocks seem to get a lot of coverage? How much should you pay attention to financial TV news? How is it decided who the guests are? How much stock (pun intended) should you put into their advice? How can you tell if they are biased? What qualifies them to be on? How are they vetted? Why are certain topics chosen over others? New! Wealth Heiress TV (for men too!) Be sure to subscribe my new Wealth Heiress TV channel on YouTube. Watch and subscribe here: http://lindapjones.com/WealthHeiressTV The Holiday Sizzle Contest is starting! A podcast review = your name entered in the drawing 2 times. A book review on Amazon = your name entered 3 times or if a verified purchase review, then 5 times. A podcast + book review (either verified purchase or not) = your name entered in the drawing 10 times. Prizes are: 11 Sets of 3 Wealthy Mindset Blueprint audios (value $197 ea.) 11 Wealth Heiress books, with it personalized by moi. 3 winners will have a 1/2 hour wealth mentoring session with me (value $500). Drawing will occur January 1, 2019 and will be announced on the podcast. Financial freedom requires knowledge + action. Get my book, "You're Already a Wealth Heiress, Now Think and Act Like One: 6 Practical Steps to Make It a Reality Now!" Available on Amazon: http://amzn.to/2Hy9qk4 International buyers (if you live outside of the US) can now get my book at http://amazon.co.uk Leave a book review on Amazon here: https://amzn.to/2D4uBZ5 Join me on Instagram at http://Instagram.com/lindapjones The full library of my podcasts from the beginning are available at https://www.lindapjones.com/podcasts/ Please subscribe, rate and review the show. I really appreciate it! Today's sponsor is Audible. It's how I "read" more books. Get your first audiobook for FREE today (I recommend Think & Grow Rich), here: https://www.audibletrial.com/bewealthyandsmart

Learn if real estate markets in the US are cooling off or even cold in 2018. Home sales are falling and the supply is growing. "The supply of homes on the market has risen to 7.4 months' worth, the most in over 7 years." - Investor's Business Daily Looking at formerly hot real estate markets, we can see signs of cooling. Seattle, Dallas, San Francisco and Denver are showing signs of slowing sales. The article details the trends: https://www.zerohedge.com/news/2018-11-27/wsj-calls-it-us-housing-boom-coming-end-starting-dallas Today's Sponsor is Audible I'm often asked how I stay up to date on investment opportunities and current investing cycles. I turned off my radio years ago - when I drive I listen to podcasts or an audio book. I've often talked about using your car as a mobile learning center. That's how I read most of my books today. I don't have time to sit and read, but I have lots of time to multitask and listen to a book while I walk my dog, drive to the store or get ready in the morning. It's how I leverage my time to learn more. You can do it too. I started my Wealth Building with Think and Grow Rich and I recommend you start there too because it deals with Step 1 to Wealth: Create a Wealthy Mindset. If you already have it then I recommend The Millionaire Next Door. Both are great books I highly recommend. You can choose 3 titles every month and if you don't like a book, you can exchange it free. You own the book and can listen to it on your iphone, Android, iPod, Fire tablet or other mp3 player. I love a great deal, who doesn't? Right now, for a limited time, you can get 3 months of Audible for just $6.95 a month, that's MORE THAN half off the regular price. Just go to audible.com/wealth or text "wealth" to 500500 to get started. That's audible.com/wealth. And while you're at it, give the gift of Audible to a loved one. Please subscribe to the podcast and leave a review!

Learn what to do while you're following the 6 Steps to Wealth. This is a listener question: Danise asks how to be patient during the wealth building process, while working on a wealthy mindset and doing the steps, but staying positive and patient through the process. I give 6 specific areas to make sure and pay attention to, that you can follow while you are working on the 6 Steps to Wealth. Each area has several sub-areas: 1. Live life with joy a. Connect with your passions, do what you love. b. Don't make money more important than living. c. Be a smart spender. 2. Match your spending with your priorities a. Home, family and retirement are three important priorities that you should be putting first. 3. Avoid the BIG financial mistakes a. Don't move homes b. Don't buy new cars or finance cars 4. Automate your savings a. Save 20% if you can. b. Use 401k, IRA's, Roths, HCA's c. Dollar cost average into investments 5. Identify wealth building opportunities a. Bubbles and cycles b. High compounding trends c. Beware the housing market 6. Get obsessed with compounding! a. The billionaire was obsessed b. You won't believe these compounding rates or where they came from. Today's Sponsor is Care/Of Good health is an important asset! That's why I want to tell you about Care/of. Care/of delivers your vitamins right to your door in personalized, easy to remember daily packs - perfect for a busy, on-the-go lifestyle. It's personalized for your needs because Care/of's online quiz asks you about your diet, health goals, and lifestyle choices and takes only 5 minutes to find out what vitamins and supplements you specifically need. When I took the quiz, I was looking for more energy and it gave me suggestions that were cutting edge. You can track your progress with the care/of app and earn rewards when you remember to take your vitamins. Care/of's delicious, nutrient packed quick stick powders can be added to your monthly delivery for an extra, easy boost wherever you need it. Your monthly subscription can be modified at any time. There's a special discount for a limited time. For 25% off your first month of personalized care/of vitamins, visit takecareof.com and enter "wealth." That's takecareof.com, promo code "wealth" and save 25% your first month. Invest in yourself and your health. Financial freedom requires knowledge + action. Get my book, "You're Already a Wealth Heiress, Now Think and Act Like One: 6 Practical Steps to Make It a Reality Now!" Available on Amazon: http://amzn.to/2Hy9qk4 International buyers (if you live outside of the US) can now get my book at http://amazon.co.uk Leave a book review on Amazon here: https://amzn.to/2D4uBZ5 Join me on Instagram at http://Instagram.com/lindapjones The full library of my podcasts from the beginning are available at https://www.lindapjones.com/podcasts/ Please subscribe, rate and review the show. I really appreciate it!

Learn what the new contribution limits are for HSA's in 2019. Contribution limits have been raised on HSA's for 2019. Investing in Health Savings Accounts offer tax benefits 3 ways: They allow you to deduct contributions, they grow federally tax-free, and funds can be withdrawn without being taxed when used for qualified expenses. Find out how to qualify, what eligible expenses are (including 2 that surprised me), and what special rules apply if you are over age 65. New! Wealth Heiress TV (for men too!) Be sure to subscribe my new Wealth Heiress TV channel on YouTube. Watch and subscribe here: http://lindapjones.com/WealthHeiressTV The Holiday Sizzle Contest is starting! A podcast review = your name entered in the drawing 2 times. A book review on Amazon = your name entered 3 times or if a verified purchase review, then 5 times. A podcast + book review (either verified purchase or not) = your name entered in the drawing 10 times. Prizes are: 11 Sets of 3 Wealthy Mindset Blueprint audios (value $197 ea.) 11 Wealth Heiress books, with it personalized by moi. 3 winners will have a 1/2 hour wealth mentoring session with me (value $500). Drawing will occur January 1, 2019 and will be announced on the podcast. Financial freedom requires knowledge + action. Get my book, "You're Already a Wealth Heiress, Now Think and Act Like One: 6 Practical Steps to Make It a Reality Now!" Available on Amazon: http://amzn.to/2Hy9qk4 International buyers (if you live outside of the US) can now get my book at http://amazon.co.uk Leave a book review on Amazon here: https://amzn.to/2D4uBZ5 Join me on Instagram at http://Instagram.com/lindapjones The full library of my podcasts from the beginning are available at https://www.lindapjones.com/podcasts/ Please subscribe, rate and review the show. I really appreciate it! Today's sponsor is Audible. It's how I "read" more books. Get your first audiobook for FREE today (I recommend Think & Grow Rich), here: https://www.audibletrial.com/bewealthyandsmart

Learn advice for women (or men) getting divorced or contemplating divorce, with Shannah Compton Game. Divorce can be stressful. Learn what to do first, how to find a lawyer, how to negotiate, and if pre-nuptual agreements are a good idea according to an expert on divorce. Women often want to keep the family home. Is that always the right move? Should you try to negotiate your divorce terms or leave everything up to the lawyers? How can you minimize legal fees? You might be surprised by the answers. Shannah Compton Game is the host of the Millennial Money podcast, a CFP®, and shares her personal experience with her divorce and other women divorcing. This is good information everyone should be aware of. New! Wealth Heiress TV (for men too!) This is the first time I'm sharing content from my new Wealth Heiress TV channel on YouTube. Watch and subscribe here: http://lindapjones.com/WealthHeiressTV The Holiday Sizzle Contest is starting! A podcast review = your name entered in the drawing 2 times A book review on Amazon = your name entered 3 times or if a verified purchase review, then 5 times. A podcast + book review (either verified purchase or not) = your name entered in the drawing 10 times. Prizes are: 11 Wealthy Mindset Blueprint audios (value $197 ea.) 11 Wealth Heiress books, with it personalized by moi. 3 winners will have a 1/2 hour wealth mentoring session with me (value $500). Drawing will occur January 1, 2019 and will be announced on the podcast. Financial freedom requires knowledge + action. Get my book, "You're Already a Wealth Heiress, Now Think and Act Like One: 6 Practical Steps to Make It a Reality Now!" Available on Amazon: http://amzn.to/2Hy9qk4 International buyers (if you live outside of the US) can now get my book at http://amazon.co.uk Leave a book review on Amazon here: https://amzn.to/2D4uBZ5 Join me on Instagram at http://Instagram.com/lindapjones The full library of my podcasts from he beginning are available at https://www.lindapjones.com/podcasts/ Please subscribe, rate and review the show. I really appreciate it! Today's sponsor is Audible. It's how I "read" more books. Get your first audiobook for FREE today (I recommend Think & Grow Rich), here: https://www.audibletrial.com/bewealthyandsmart

Learn tips to make your shopping easier, save money and have a better holiday. Ideas how not to overspend during the holidays and make your holidays more meaningful. Sometimes it's not about the money. New! Wealth Heiress TV This is the first episode I'm sharing from my Wealth Heiress TV YouTube channel (it's not just for women, it's for men too!), here: http://lindapjones.com/WealthHeiressTV The Holiday Sizzle Contest is starting! A podcast review = your name entered in the drawing 2 times A book review on Amazon = your name entered 3 times or if a verified purchase review, then 5 times. A podcast + book review (either verified purchase or not) = your name entered in the drawing 10 times. Prizes are: 11 Wealthy Mindset Blueprint audios (value $197 ea.) 11 Wealth Heiress books, with it personalized by moi. 3 winners will have a 1/2 hour wealth mentoring session with me (value $500). Drawing will occur January 1, 2019 and will be announced on the podcast. Financial freedom requires knowledge + action. Get my book, "You're Already a Wealth Heiress, Now Think and Act Like One: 6 Practical Steps to Make It a Reality Now!" Available on Amazon: http://amzn.to/2Hy9qk4 International buyers (if you live outside of the US) can now get my book at http://amazon.co.uk Leave a book review on Amazon here: https://amzn.to/2D4uBZ5 Join me on Instagram at http://Instagram.com/lindapjones The full library of my podcasts from he beginning are available at https://www.lindapjones.com/podcasts/ Please subscribe, rate and review the show. I really appreciate it! Today's sponsor is Audible. It's how I "read" more books. Get your first audiobook for FREE today (I recommend Think & Grow Rich), here: https://www.audibletrial.com/bewealthyandsmart

Learn what I say in response to a listener's question about whether they should remodel their home or start investing. Here is the question: Hi Linda! I'm excited to follow you on YouTube in addition to your podcast. You are definitely an awesome mentor! What do you think about spending money to fix up your home - like update a kitchen or add a bathroom to crest a master bedroom suite? Is it better to invest it in the market and not improve your home? Signed, Monrnglry me Thank you! My answer will probably surprise you! Hear how you can through the process of determining where your money should go. The Holiday Sizzle Contest is starting! A podcast review = your name entered in the drawing 2 times A book review on Amazon = your name entered 3 times or if a verified purchase review, then 5 times. A podcast + book review (either verified purchase or not) = your name entered in the drawing 10 times. Prizes are: 11 Wealthy Mindset Blueprint audios (value $197 ea.) 11 Wealth Heiress books, with it personalized by moi. 3 winners will have a 1/2 hour wealth mentoring session with me (value $500). Drawing will occur January 1, 2019 and will be announced on the podcast. Financial freedom requires knowledge + action. Get my book, "You're Already a Wealth Heiress, Now Think and Act Like One: 6 Practical Steps to Make It a Reality Now!" Available on Amazon: http://amzn.to/2Hy9qk4 International buyers (if you live outside of the US) can now get my book at http://amazon.co.uk Leave a book review on Amazon here: https://amzn.to/2D4uBZ5 Join me on Instagram at http://Instagram.com/lindapjones The full library of my podcasts from he beginning are available at https://www.lindapjones.com/podcasts/ Please subscribe, rate and review the show. I really appreciate it! Today's sponsor is Audible. It's how I "read" more books. Get your first audiobook for FREE today (I recommend Think & Grow Rich), here: https://www.audibletrial.com/bewealthyandsmart