Your Fitness Money Coach Podcast - Helping Gym Owners Build Profitable Businesses

Last week we had Dr. Thom Golden on as we started a conversation on college admissions. Today is Part 2 where we get into the nitty gritty. It might seem like college has gotten so expensive and is getting out of reach or "not worth it." While even Dr. Thom shares that it's an individual decision, there is more upside to the equation. Find out about the "best price" of college which is different from the sticker price and how it's actually trending down. While there are the Stanfords of the world that have an extremely low acceptance rate, most colleges are NOT super selective. While the parent portion of the college debt load averages out to 29K, there are many ways to avoid this scenario. Tune in for an interview chock full of powerful tips on saving money and maximizing the experience. Much of this information will be useful whether you have kids entering college or not. Listen to this episode, apply what you learn, and teach it to others. By the way, be sure to connect with me on Instagram! Listen and grow! Your Financial Coach, Billy P.S. If you or someone you know is looking for a plan to dial in your finances and achieve some financial freedom, book a short call with me here

I wanted to have Dr. Thom Golden on the show for 2 reasons. One, he is a great leader and there is a ton we can learn about building a successful business. Here are some of the things you'll learn on that front: The most important question to ask yourself as your business grows The mindset shift needed to go from chasing money to having all the money you'll need The secret to business breakthroughs Learning and applying strategies from other industries to help you stand out Finding your ideal customer All of that is covered in part 1 of my conversation with Thom. In the following installment, we'll cover tips and tricks to take the stress out of the college admission process and the mindset needed to excel. Much of this information will be useful whether you have kids entering college or not. Listen to this episode, apply what you learn, and teach it to others. By the way, be sure to connect with me on Instagram! Listen and grow! Your Financial Coach, Billy P.S. If you or someone you know is looking for a plan to dial in your finances and achieve some financial freedom, book a short call with me here!

Everyone loves lists! Most lists tell you things to do. In today's show, I'm going to do the opposite. We're talking about ways to "blow up your finances." Much of a successful life is simple not making stupid decisions. I'll never forget something my dad told me as I was starting my family. He looked at me and said, "Boo (his name for me), you have a beautiful family. Don't mess it up." So simple yet so profound. Today's show was a lot of FUN to record and I hope it's just as fun for you to listen. Would love to hear your feedback. What things would you add? Which resonate the most? Listen to this episode, apply what you learn, and teach it to others. By the way, be sure to connect with me on Instagram! Listen and grow! Your Financial Coach, Billy P.S. If you or someone you know is looking for a plan to dial in your finances and achieve some financial freedom, book a short call with me here! A client recent told that he can easily feel scattered with all there is to do and my coaching helps keep him focused to the point of record breaking months. If you'd like help gaining some traction, please let me know!

Some people who may be against personal consumer debt believe it's OK to carry business debt. For example, while they may be careful to borrow money personally, they'll swipe the card and carry a balance on the business side without a concern. Some business owners see the value of being debt-free and want a plan to pay it down so they can have more financial freedom. A question I hear often is "How do I handle the debt on the business side?" For that reason, today's show is all about "business debt." I share the difference, if there is any, between the two. I also share my favorite strategy to pay down business debt. Once you're out of debt, it's paramount to keep it that way. I share how. Finally, we'll wrap up with the main benefits to paying off your debt, personal and business! Listen to this episode, apply what you learn, and teach it to others. By the way, be sure to connect with me on Instagram! Listen and grow! Your Financial Coach, Billy P.S. If you or someone you know is looking for a plan to dial in your finances and achieve some financial freedom, book a short call with me here! One of the things that 2 recent clients told me is that I helped them uncover things that were holding them back that they didn't even realize. If this sounds like you, give me a shout! You got this.

The good folks at Strengthcoach.com recently had me do a webinar for their elite and exclusive membership community. My talk was with Brendon Rearick and we had a blast. Brendon and I both share a passion for the fitness profession as well as finance which made the webinar dynamic. Here were some of the highlights: The influence of John Maxwell's Make Today Count on Brendon In your twenties, focus on investing in yourself In your thirties, focus on the power of automation In your forties, focus on purpose In your fifties (and beyond), focus on lifestyle In addition to these, we cover the top 2 other things to focus on in each decade as well as specific actions and amounts to save and invest at each decade in order to build wealth Everyone seems to want to earn more money. That certainly isn't a bad thing. Typically, earning more money means you are either delivering more value to people or are helping more of them. It is going to require work. I have some good news for you today. Listen to this episode, take notes, and please share it with someone! Listen to this episode, apply what you learn, and teach it to others. By the way, be sure to connect with me on Instagram! Listen and grow! Your Financial Coach, Billy P.S. If you or someone you know is looking for a plan to dial in your finances and achieve some financial freedom, book a short call with me here!

Diffused light doesn't have that much of an effect. However, sun light magnified can light glass or paper on fire. Focus that light some more and it can become a laser! It today's episode, I cover why so many struggle to find financial success. Most people are more like the diffused light than the laser. Working towards 7 financial goals won't create much traction but being laser focused on one can be powerful. Find out why so many people lack focus and more importantly an action plan to get and stay focused so you can move closer to the freedom you desire. Listen to this episode, apply what you learn, and teach it to others. By the way, be sure to connect with me on Instagram! Listen and grow! Your Financial Coach, Billy P.S. If you or someone you know is looking for a plan to dial in your finances and achieve some financial freedom, book a short call with me here!

Everyone seems to want to earn more money. That certainly isn't a bad thing. Typically, earning more money means you are either delivering more value to people or helping more of them. It is going to require work. I have some good news for you today. I'm going to share how you can achieve a 3K raise with very little effort. In fact, some of it will require almost no effort. Don't write me off. These things are absolutely possible. I'm doing them myself. While there are more than 3, here's what I'm focusing on: Subscriptions - Subscriptions can be the biggest budget busters. Find out how to cut your subscription bills in half! High interest savings - Let's get your money working for you instead of against you. Find out how to earn way more cash from your cash. Utilities - Many people mistakenly believe that they are stuck paying whatever the utility company says they have to pay. Find out how to save hundreds there. Listen to this episode, take notes, and please share it with someone! Listen to this episode, apply what you learn, and teach it to others. By the way, be sure to connect with me on Instagram! Listen and grow! Your Financial Coach, Billy P.S. If you or someone you know is looking for a plan to dial in your finances and achieve some financial freedom, book a short call with me here!

Is Trying to Act Rich Keeping You Broke? Oftentimes when millionaires are asked what books made the biggest difference in their lives, The Millionaire Next Door by Thomas Stanley is at the top of the list. I got hooked on Stanley's books years ago and one of my favorites was called Stop Acting Rich. He talked about the difference between the rich and the ultra-rich and many people don't get ahead financially because they think they can act "ultra-rich" and accumulate wealth. In today's show, I discuss some actual stats on who is actually buying luxury items and what it's doing to their future. Finally, as usual, I share 3 specific actions so you can actually become rich rather than just look it. Listen to this episode, take notes, and please share it with someone! Listen to this episode, apply what you learn, and teach it to others. By the way, be sure to connect with me on Instagram! Listen and grow! Your Financial Coach, Billy P.S. If you or someone you know is looking for a plan to dial in your finances and achieve some financial freedom, book a short call with me here!

When I started the podcast, part of the vision was to have some of the brightest minds in the fitness business and financial world as guests. Thankfully, that dream has become a reality and now I'm excited to share a conversation with someone who has revolutonized the business world. Mike Michalowicz is most known for flipping the accounting equation on it's head with his Profit First method. There is a good chance you know someone who uses it if you don't. What's more, "Mike Motor Bike" (a childhood nickname of his) has a unique perspective on other components of business as well. He's fired up (like me!) about helping to eliminate the survival mode most business owners find themselves in. Listen to this episode, take notes, and please share it with someone! Listen to this episode, apply what you learn, and teach it to others. By the way, be sure to connect with me on Instagram! Listen and grow! Your Financial Coach, Billy P.S. If you or someone you know is looking for a plan to dial in your finances and achieve some financial freedom, book a short call with me here!

I recently had the good fortune of spending some time around some really excellent businesses. While these businesses aren't perfect, they are on mission, shaking things up, and getting stuff done. While I'm not happy to admit this, if I'm honest, I had the thought that most fitness businesses aren't operating that way. Far too many are treating their business like a hobby. It's time to change that. Regardless of where you fall, I'm certain you can level up. This episode shows you how. Let's go!!! Listen to this episode, apply what you learn, and teach it to others. By the way, be sure to connect with me on Instagram! Listen and grow! Your Financial Coach, Billy P.S. If you or someone you know is looking for a plan to dial in your finances and achieve some financial freedom, book a short call with me here!