Be Wealthy & Smart

Learn why actor Charlie Sheen seems to be the latest high-income earning celebrity to have financial troubles. Income is not the problem - replenishing it is. I review why that is and what he should do about it. Even if you're not making millions of dollars, the principles of investing to provide income are the same. Please rate, review and subscribe to the podcast. Get all episodes of Be Wealthy & Smart here: http://lindapjones.com/podcasts. Check out my new book, "You're Already a Wealth Heiress, Now Think and Act Like One: 6 Practical Steps to Make It a Reality Now!" on Amazon here: amzn.to/2Hy9qk4

Learn the latest news regarding the regulation and introduction of Bitcoin exchange traded funds (ETFs). Many people would like to see a Bitcoin ETF. The Securities and Exchange Commission (SEC) is currently reviewing it. There is a blockchain technology ETF, symbol KOIN, and an electric car technology ETF, symbol EKAR. Find all Be Wealthy & Smart podcasts at http://lindapjones.com/podcasts. Get wealth tips at http://instagram.com/lindapjones. Please rate, review and subscribe to the podcast on the purple app on your phone. Thank you!

Learn whether or not Kylie is self-made and why she has something important to teach us. Kylie Jenner was recently mentioned in Forbes magazine as potentially, the youngest self-made billionaire, surpassing Mark Zuckerberg. She turns age 21 on August 10, 2018. There's a debate as to whether she is really self-made. Let's look at the facts: She was born into a famous family Kylie grew up famous She is currently on a TV show KUWTK Someone else paid for plastic surgery to improve her looks and lip fillers to broaden her lips Her Instagram had some help getting to 100 million followers because she was born famous However, Sister Kim is more famous and is #54 on Forbes list Kylie came up with product/business idea herself Invested $250k of her own money from modeling Owns 100% of the company Her lip kit priced at $29 was affordable She spends nothing on advertising Has a limited staff and outsources product & sales Uses her influence well So maybe she's not technically self-made, but that doesn't mean she's not a fantastic, talented business woman. Kudos to Kylie! Other Be Wealthy & Smart podcasts can be found at http://lindapjones.com/podcasts Join my Instagram page at http://instagram.com/lindapjones Please Subscribe and leave a Review!

Learn how to create the lifestyle you want using passive income. Interview with entrepreneur and investor Ali Boone. She shares how to outsource to create your team, how to generate multiple streams of income and how to find a mentor. Resources mentioned include the book, "Four Hour Work Week" by Tim Ferriss, outsourcing by Upwork.com, and AliBoone.com. Checkout Be Wealthy & Smart podcast #40 where I discuss designing your lifestyle in detail at: https://www.lindapjones.com/design-a-business-for-your-lifestyle/ Please subscribe and leave a review!

Learn how to replace limiting beliefs with positive statements to help propel you out of debt. In the podcast, I explain why affirmations work (even if they haven't worked for you in the past), the trick to overcoming your subconscious arguing with you, reasons why they work, and all the details to change your beliefs and dump the debt. I also share the 3 things you must have in an affirmation to make it work. My system has 2 parts to creating affirmations. First you make a statement that you want to be true (but isn't yet), then you make an already true statement. Like this:⠀ ⠀ 1. I have all the money I need to live on and a lot left over at the end of every month. (You want this to be true).⠀ ⠀ 2. My name is _______________. (This is already true).⠀ ⠀ 3. It's easy to pay my bills and meet all my financial obligations.⠀ ⠀ 4. I live in ________________. (state or country)⠀ ⠀ 5. Money is attracted to me and keeps showing up in increasing amounts.⠀ ⠀ 6. I have ____________ (color) eyes.⠀ ⠀ 7. My credit cards are clear of any balances.⠀ ⠀ 8. My mother's name is ____________.⠀ ⠀ Write these on an index card and say them at least twice a day.⠀ ⠀ Your subconscious should be replacing it's old beliefs with healthier new beliefs. ⠀ ⠀ From there, your actions will begin to match your new beliefs.⠀ ⠀ In about 40 days, notice if you're thinking differently about money and if your financial situation with credit card debt has changed, let me know.⠀ More information about affirmations can be found on podcast number 21 by going to http://lindapjones.com/podcasts and then clicking on number 21. My book is now available on Amazon: "You're Already a Wealth Heiress, Now Think and Act Like One. Six Practical Steps to Make it a Reality Now." Get the Millionaire Action Plan (MAP) and Wealth Checklist in the book, here: http://amzn.to/2Hy9qk4 Buy it for yourself and/or the women in your life. Please subscribe to the podcast and leave a review! ⠀

Learn where to invest and find high rates. It's listener question Friday! Dear Linda, I love your podcasts! They are simply fabulous! I am wondering where can I get some financial products with a high rate of compounding? Let's say 8 to 10%. I need your great help for that, Linda. Thank you very much. Best regards, Marie I wish 8 to 10% was so easy! Be careful when reaching for yield. A friend of mine was pitched 5.5% junk bonds that weren't diversified and were 30 year bonds! He was actually considering them because a "friend" recommended them. High yields equal high risk. Bank yields are paying maybe 1% to 2%. Ten year bonds are 1.5%. How can you get 5.5? Lower the quality - but you don't want to do that. Consider alternative investments - but they can be complex. Dividends on stocks - but it entails risk to principal. There's no easy answer for a "guaranteed" rate. But here's the question: should you be investing for growth instead of income anyway? Growth does involve risk, but over the long-term risk is minimized and returns are maximized. Get started investing to grow your wealth. I read 3 Testimonials from iTunes. Have you left me one yet? Please leave a review and subscribe to the podcast! All episodes are found at http://lindapjones.com/podcasts.

Learn why spending to save money can be a trap. Shopping - have you ever still had tags on clothes you've never worn in the closet? How does that happen? Something happened that I wasn't conscious of until now. I bought 2 velour sweatsuits. Looked at other pieces but didn't like them. Next they were on sale. I picked out 5 to try on, even though I didn't like them the week before. Suddenly I was convincing myself that they were such a good deal I should just get all 5! Then I caught myself. Wait a minute. I don't even like them! The "savings" idea had taken over my logical brain! This is how we get clutter, clothes we don't wear, etc. It has to be based on price because if we liked it, we would wear them! Our closets get full of shoes and clothes that we "collect", but we can only wear one at a time. If you wore one pair of shoes or one top without repeating, how many days until it took you to wear them all? Are you not going to wear something, in order to wear this? Closets are becoming poverty traps! Money is pouring into things we don't even wear while retirement accounts go without funding. Next time you are buying multiples, ask yourself, do I really like these? Do I want to wear them tomorrow? Because if you're not excited to wear it, you don't really want it. "Saving" by spending is a fallacy. The only real saving is putting money into an account where your net worth increases. Hit the subscribe button for instant notice of new podcasts!

Learn what to do so that you can become a millionaire, whether you are a Millennial or not. Wealth building tips are not just for young people. Learn what to do to grow your money into millions, no matter what your age is. Please subscribe to the podcast and leave a review!

Learn what and where the top performing ETFs are. There are ETFs with better performance than the S & P 500 on a YTD, 3 year and 5 year basis. In this podcast, I share where the best performing ETFs are and why asset allocation is important. The performance chart is available on my website at http://lindapjones.com/podcasts, then go to podcast 437. Please subscribe and leave a review!

Learn what topics are important to high net worth clients. This is from an article in Investor's Business Daily. I encourage you, no matter how much or how little money you have, to start modeling the wealthy. As your wealth mentor, I keep you updated on the most important topics for you to know. Today, we are discovering the topics that are most important for your wealth building. Please subscribe and leave a review!