SeedTime Money (Christian living & Personal Finances)

Today I want to give you a little bit of a PSA. Well, it's more like don't make the same mistakes we made. And, I'm sure there's some of you listening who can save a whole lot of money with what we're gonna be talking about today. But long story short, I was paying the bills the other day and I noticed our water bill was almost $300! Has this happened to you? We hope that our lesson learned will benefit you! Links: Watch this episode on our SeedTime Money Podcast YouTube channel (https://youtu.be/8c958T7mEHk)   If you haven’t checked out our best-selling book Simple Money, Rich Life (https://seedtime.com/smrl/), we think you’ll love it. It was named the 2022 Book of the Year by ICFH and has over 600 5-star reviews on Amazon, and is best described as “a money book for people who don’t read money books.”  You can take it for a test drive for FREE at https://SeedTime.com/sample where you can download chapter 1 of the audiobook, grab the 1st 2 chapters of the ebook version, and even get the 5-week book study companion guide.

This is from truly impactful section from a workshop we did a couple months ago. We helped our attendees create a 30-day financial plan, enabling them to kickstart their budget and save money for the best 2023 ever! During the workshop, we covered 5 common limiting beliefs that many people experience when it comes to building a budget or a spending plan. The insights we shared resonated with so many participants that I knew I had to share it with you. My hope is that by addressing and breaking down these limiting beliefs, you can overcome any hurdles holding you back from taking control of your financial life.   Throughout the episode, you'll hear us discuss the following limiting beliefs: "I don't make enough money to budget." "It's too hard and time-consuming." "I'm not good with numbers." "I don't want to face my financial reality." "I don't want to stop spending on things I love."   We want to inspire you to tackle these beliefs head-on and discover what God might be trying to tell you in this area of your life. Our goal is to make budgeting and managing your finances easy and accessible, no matter your current situation. So, if you're ready to take control of your finances and break free from the limiting beliefs that might be holding you back, tune into this episode. We'll be your hype team, cheering you on every step of the way. And remember, you can access the full workshop in our Real Money Method Plus package for even more invaluable insights.   Links: Our Real Money Method Plus Package - https://SeedTime.com/rmm  Watch this episode on our SeedTime Money Podcast YouTube channel (https://youtu.be/LwgiwId9Bvs)   If you haven’t checked out our best-selling book Simple Money, Rich Life (https://seedtime.com/smrl/), we think you’ll love it. It was named the 2022 Book of the Year by ICFH and has over 600 5-star reviews on Amazon, and is best described as “a money book for people who don’t read money books.”  You can take it for a test drive for FREE at https://SeedTime.com/sample where you can download chapter 1 of the audiobook, grab the 1st 2 chapters of the ebook version, and even get the 5-week book study companion guide.

In this episode, we're talking about the second most important financial metric to track, which we call Assets Under Management (AUM). Everything that you do, whether good or bad, affects your AUM.  And it's a great number to track because it's a way to measure your financial progress, and if you're moving forward financially.    Links: Get your FREE AUM spreadsheet - ​​https://seedtime.com/smrl-aum/  Our Book: Simple Money, Rich Life - ​​https://seedtime.com/smrl/  Watch this episode on our SeedTime Money Podcast YouTube channel (https://youtu.be/oinQjX87kL4)   These are a few of the topics we cover: Everyone should know their AUM (no matter their financial class) Why we don't like the term "Net Worth" Why AUM reframes your thinking into true stewardship Why you should track your AUM How to determine your assets How much debt do you have? How to calculate your AUM How often should you check your AUM? Good managers know what they are managing See improvement with your AUM by just making a few tweaks God is waiting for you to take that first step in faith and trust Him Find more in Chapter 2 of our book: Simple Money, Rich Life   If you haven’t checked out our best-selling book Simple Money, Rich Life (https://seedtime.com/smrl/), we think you’ll love it. It was named the 2022 Book of the Year by ICFH and has over 600 5-star reviews on Amazon, and is best described as “a money book for people who don’t read money books.”  You can take it for a test drive for FREE at https://SeedTime.com/sample where you can download chapter 1 of the audiobook, grab the 1st 2 chapters of the ebook version, and even get the 5-week book study companion guide.  

A few days ago President Biden initiated a new federal rule could raise the monthly mortgage payments of buyers with good credit scores (680+) by over $60 a month… And when I first saw this I thought for a minute it was a Babylon Bee headline. Turns out it isn’t, but is from Newsweek. I then shared it with our Instagram family(https://www.instagram.com/seedtime/) and the response was insane. I probably had 50 DMs in less than 24 hours about it - some outraged, some confused, some with questions. And so today we are going to be doing our weekly LIVE podcast and discussing this and answering as many questions as we can about it.   Here are a few of the questions we will be answering: How this new fee affects homebuyers with a credit score of 680 and above 2 What credit score ranges will be getting a discount from current rates  How 2/3 of the population is negatively affected by the new mortgage calculation adjustments  What you might expect to pay if your credit score is around 680 under the new rules  If you already have a mortgage, will these new adjustments apply to you  And more…    Links for further reading: LLPA Matrix: https://singlefamily.fanniemae.com/media/9391/display LLPA changes: https://www.mortgagenewsdaily.com/news/01192023-big-llpa-changes    If you haven’t checked out our best-selling book Simple Money, Rich Life (https://seedtime.com/smrl/), we think you’ll love it. It was named the 2022 Book of the Year by ICFH and has over 600 5-star reviews on Amazon, and is best described as “a money book for people who don’t read money books.”  You can take it for a test drive for FREE at https://SeedTime.com/sample where you can download chapter 1 of the audiobook, grab the 1st 2 chapters of the ebook version, and even get the 5-week book study companion guide.

When I was 13 years old, I spent every dollar I earned on golf. I would play two or three times a week and became a pretty good golfer for my age. While I liked golf, it was never really my favorite sport. But my identity had become wrapped up in it, so I kept playing. It was what I and others had come to expect. As I got older, it dawned on me that spending all my money on a hobby just because I had an aptitude for it or because it was what I was known for didn’t make much sense. So, even though it wasn’t easy, I laid down that part of my identity. Additionally, over the years, I began better aligning my hobbies with my goals by asking these questions: What if I chose hobbies that weren’t inherently expensive? What if I chose hobbies that could make me healthier? What if I chose hobbies that would generate income? When I started asking these questions, I began to see hobbies in a different light. Instead of paying $50 a round to play golf, I could play tennis for free, spend less on equipment, and get better exercise.  So our discussion today isn’t to try to get you to lay down hobbies you love, but instead to evaluate them from time to time to make sure they are still serving you well.   Links: Watch this episode on our SeedTime Money Podcast YouTube channel (https://youtu.be/a2FbtalbLnU)    If you haven’t checked out our best-selling book Simple Money, Rich Life (https://seedtime.com/smrl/), we think you’ll love it. It was named the 2022 Book of the Year by ICFH and has over 600 5-star reviews on Amazon, and is best described as “a money book for people who don’t read money books.”  You can take it for a test drive for FREE at https://SeedTime.com/sample where you can download chapter 1 of the audiobook, grab the 1st 2 chapters of the ebook version, and even get the 5-week book study companion guide.

A lot of people want to know how they compare, how they stack up to other people. And in this episode we're talking about 5 signs that you're doing better financially than the average American. Now this isn't to feel good at someone else's expense, but to get a healthy perspective about where you stand financially. So regardless of where you stand, let's let this be an encouragement - deal?   Links: MSN Article mentioned: https://www.msn.com/en-us/money/personalfinance/5-signs-you-re-doing-better-financially-than-the-average-american/ss-AA15DnvL#image=1 (AUM) The 2nd most important financial metric to track - https://youtu.be/oinQjX87kL4 Watch this episode on our SeedTime Money Podcast YouTube channel - https://youtu.be/wFLuUAeXoOw    These are a few of the topics we cover: Getting a healthy dose of where you actually stand financially Finding direction in where you want to be with your finances Falling into the parenting trap of comparing your kids to other kids How much do you have in savings currently? Do you need to increase your savings? How does your surroundings affect your finances (season of life, where you live, etc.) Getting creative when you're in a financial emergency The housing market and rise of home values Student loans and the rise of interest rates If you haven’t checked out our best-selling book Simple Money, Rich Life (https://seedtime.com/smrl/), we think you’ll love it. It was named the 2022 Book of the Year by ICFH and has over 600 5-star reviews on Amazon, and is best described as “a money book for people who don’t read money books.”  You can take it for a test drive for FREE at https://SeedTime.com/sample where you can download chapter 1 of the audiobook, grab the 1st 2 chapters of the ebook version, and even get the 5-week book study companion guide.

We often get asked "how did you know it was God?" after we share some of our giving stories that God has led us through. While we don't have all the answers and we don't believe there is only one way to hear from God, in this episode we are sharing what we have learned about hearing from God with our giving (and really any other areas of our lives).    In this episode we share: The exact process we follow when we are trying to identify if we are hearing from God or not. A specific miracle money story and example that just happened a couple days ago. How hearing from God is something we ALL can do and isn't reserved for the "super-Christians" LOL And a lot more...   Watch this episode on our SeedTime Money Podcast YouTube channel (https://youtu.be/eW4-80Fka9I)!    If you haven’t checked out our best-selling book Simple Money, Rich Life (https://seedtime.com/smrl/), we think you’ll love it. It was named the 2022 Book of the Year by ICFH and has over 600 5-star reviews on Amazon, and is best described as “a money book for people who don’t read money books.”  You can take it for a test drive for FREE at https://SeedTime.com/sample where you can download chapter 1 of the audiobook, grab the 1st 2 chapters of the ebook version, and even get the 5-week book study companion guide.

Today we are talking about the single highest earning investment you can make now (and that you should ASAP).  And no it isn't Crypto, Forex, or any other stock pick. It is actually something far easier and more accessible for all of us.  Oh and this is our first ever LIVE podcast episode.  As in, we live-streamed it on our SeedTime Money podcast channel here: https://www.youtube.com/channel/UCREfMgyUzMp5UAI0ALjCnSw For the remainder of April we are going to be live-streaming episodes each Thursday at 1p CST / 2p EST if you'd like to join us!   Watch this episode on our SeedTime Money Podcast YouTube channel(https://youtu.be/-ZhVM95VvSw)!   If you haven’t checked out our best-selling book Simple Money, Rich Life (https://seedtime.com/smrl/), we think you’ll love it. It was named the 2022 Book of the Year by ICFH and has over 600 5-star reviews on Amazon, and is best described as “a money book for people who don’t read money books.”  You can take it for a test drive for FREE at https://SeedTime.com/sample where you can download chapter 1 of the audiobook, grab the 1st 2 chapters of the ebook version, and even get the 5-week book study companion guide.

In studying countless wealthy people I have discovered there is one thing that they NEVER do. They never depend on their willpower to succeed.  They find a way to create a system that will automatically lead them to the success they are after.  In today's episode, we are looking at how you and I can steal their secret and apply it to our lives.   Links: Automatic Millionaire book by David Bach - https://www.amazon.com/Automatic-Millionaire-Expanded-Updated-Powerful/dp/0451499085  Our Book: Simple Money, Rich Life - https://seedtime.com/smrl  Watch this episode on our SeedTime Money Podcast YouTube channel - https://youtu.be/kZAYXJWlWck    These are a few of the topics we cover: Why you should not rely upon willpower You can become a millionaire by automating a few things The secret of financially successful people How we pay income taxes has changed over the years How to not think about things you don’t want to think about How to become a more consistent giver Have you been saving for your retirement? What are the areas in your life that you can automate? If you haven’t checked out our best-selling book Simple Money, Rich Life (https://seedtime.com/smrl/), we think you’ll love it. It was named the 2022 Book of the Year by ICFH and has over 600 5-star reviews on Amazon, and is best described as “a money book for people who don’t read money books.”  You can take it for a test drive for FREE at https://SeedTime.com/sample where you can download chapter 1 of the audiobook, grab the 1st 2 chapters of the ebook version, and even get the 5-week book study companion guide.

Today I am going to break down the Fundrise innovation fund - I’ll share what I like about it, my 2 biggest concerns, how risky of an investment this is and who should definitely NOT invest in it. And then I’ll give you my verdict on if I am going to be investing in it. I keep getting people asking me about this so I decided it was time to talk about it… so without any further delay, here are my thoughts on the Fundrise Innovation Fund.   Links: Get the Fundrise $10 signup bonus: https://seedtime.com/2/fundrise.php Fundrise Innovation Fund: https://fundrise.com/offerings/26/view Our 10X Investing Course: https://seedtime.com/10X  Send me a DM on Instagram (@seedtime) - https://instagram.com/seedtime Watch this episode on our SeedTime Money Podcast YouTube channel - https://youtu.be/WsxDU2IhwNI  (Please note: links mentioned may be affiliate links which add to our giveaway fund - for you! Thanks for your support!)    These are a few of the topics we cover: What I like about Fundrise Innovation Fund The five interesting sectors that are included in this new investment opportunity What you should know about IPOs when investing My 2 biggest investing concerns that you should also be concerned about Why good management matters Who should definitely NOT invest in this investment What is your risk tolerance? How risky of an investment is the Fundrise Innovation Fund? How you can learn more about investing in our 10X investing course My verdict on if I am going to be investing the Innovation Fund    If you haven’t checked out our best-selling book Simple Money, Rich Life (https://seedtime.com/smrl/), we think you’ll love it. It was named the 2022 Book of the Year by ICFH and has over 600 5-star reviews on Amazon, and is best described as “a money book for people who don’t read money books.”  You can take it for a test drive for FREE at https://SeedTime.com/sample where you can download chapter 1 of the audiobook, grab the 1st 2 chapters of the ebook version, and even get the 5-week book study companion guide.