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Reduce Debt Increase WealthFinancial PlanSend us a textThe final process is to create a financial plan. Getting here has been a lot of work tracking income and expenses, creating a budget, getting a debt reduction plan in place. Now the final step is to put down on paper your financial plan. Article Links:https://www.franklintempletonindia.com/investor/investor-education/video/importance-of-financial-plannng-io04og31 https://www.investopedia.com/terms/f/financial_plan.aspThe Financial Philosophers - Lets Nerd OutWe're Chris and Danny, two long-time college friends (and...Listen on: Apple Podc...2022-02-0626 minReduce Debt Increase WealthDebt Reduction PlanSend us a textStarted tracking expenses and income, setup a budget now knows where the money is going, the next step is a debt reduction plan. This is the next step towards getting credit card and all debt under control. The Financial Philosophers - Lets Nerd OutWe're Chris and Danny, two long-time college friends (and...Listen on: Apple Podcasts SpotifySupport the showPlease support the show by subscribing, can cancel at any time. Thanks for the support. Subscription page: https://www.buzzsprout.com/961804/su...2022-01-3025 minReduce Debt Increase WealthPersonal Budget TemplateSend us a textNew year maybe good time to setup a new budget. Already have budget good time to review and make changes to reflect the changes in life. Adding new categories, removing old ones is an ongoing process. Request a budget worksheet already setup by going to ReduceDebtIncreaseWealth.com face book page send instant messenger request budget worksheet giving your email address will send. Article Link:https://investedwallet.com/personal-finance-statistic/ https://www.debt.com/statistics/The Financial Philosophers - Lets Nerd OutWe're Chris and Dann...2022-01-2324 minReduce Debt Increase WealthTracking ExpensesSend us a textWhat is tracking and how does this work with a budget. First a budget only shows what you should be spending. Without tracking how would a person know if on track or spending too much. The most important part of your personal financial life should be tracking. Article Links:https://www.thebalance.com/how-to-track-your-expenses-2385695 By Miriam Caldwell Small Expenses That Can Add up to Overspending Issues (thebalance.com) By Miriam CaldwellThe Financial Philosophers - Lets Nerd OutWe're Chris and Danny, two long-time college fr...2022-01-1636 minReduce Debt Increase WealthHow to stop using Credit CardsSend us a textUnable to pay off credit card balance every month a problem is developing. To solve this problem stop using credit cards to made purchases. This is how to stop using credit cards, the rewards are not worth the interest and fees that may be paid. Article Links:https://www.forbes.com/advisor/credit-cards/how-to-get-off-the-cycle-of-using-your-credit-card-for-everything/ By Kelly Anne Smith https://www.consumerismcommentary.com/10-steps-to-break-the-2credit-card-habit/ By Abby HayesThe Financial Philosophers - Lets Nerd OutWe're Chris and Danny, two long-time college friends (and...Li...2022-01-0929 minReduce Debt Increase WealthHow to Build CreditSend us a textBuilding credit is important for everyone. Having a bad credit score will hurt the chances of getting a loan, and even increase cost of insurance. Article Links: https://www.experian.com/blogs/ask-experian/credit-education/improving-credit/building-credit/ By Stefan Lembo Stolba https://www.bankrate.com/personal-finance/credit/how-to-build-credit/ By Nicole Dieker https://www.bankrate.com/finance/credit-cards/how-to-report-rent-payments-to-credit-bureaus/ By Raychelle HeathThe Financial Philosophers - Lets Nerd OutWe're Chris and Danny, two long-time college friends (and...Listen on: Apple Podcasts SpotifyS...2022-01-0233 minReduce Debt Increase WealthWhen and How to Debt ConsolidateSend us a textDebt consolidation may be a good idea, can you get the loan with lower interest rate. Is your credit rating improving or getting worse since the last loan or new credit was issued. Getting a higher interest rate loan does not make sense so beware before getting a loan consolidation. Article Links:https://www.forbes.com/advisor/personal-loans/pros-and-cons-of-debt-consolidation/ By Kiah Treece, Jordan Tarver https://www.nerdwallet.com/article/loans/personal-loans/debt-consolidation-loans-bad-credit By Jackie Veling The Financial Philosophers - Lets Nerd OutWe...2021-12-2627 minReduce Debt Increase WealthRelief From Credit Card DebtSend us a textCompanies offer you relief from credit card debt if it sounds to good to be true then beware. What to know before doing anything. Do it yourself to reduce the cost and time to get out of debt. Article Link: https://www.consumer.ftc.gov/articles/0145-settling-credit-card-debtThe Financial Philosophers - Lets Nerd OutWe're Chris and Danny, two long-time college friends (and...Listen on: Apple Podcasts SpotifySupport the showPlease support the show by subscribing, can canc...2021-12-1924 minReduce Debt Increase WealthHow to Budget for InflationSend us a textWhat can be done to lessen the impact of inflation on household budgets. What is inflation and how to tell if it is affecting your budget. Article Links:https://pocketsense.com/budget-inflation-2221946.html By William Adkinshttps://www.theadvertiser.com/story/money/business/2021/08/07/how-account-inflation-your-budget/5499935001/ By Mary Fox LuquetteAll episodes now on ReduceDebtIncreaseWealth.com Facebook page look for podcast tab.The Financial Philosophers - Lets Nerd OutWe're Chris and Danny, two long-time college friends (and...Listen on: Apple Podcasts Spotify2021-12-1224 minReduce Debt Increase WealthReview Debt ReductionSend us a textHaving some type of debt reduction plan is a must to get rid of credit card debt. There are things to do to help and things to avoid at all costs. Article Links: https://www.nerdwallet.com/article/finance/find-debt-relief By Bev O’Shea https://www.consumer.ftc.gov/articles/0150-coping-debtAll Episodes now on Facebook, go to ReduceDebtIncreaseWealth.com to find. Look for podcast tab. The Financial Philosophers - Lets Nerd OutWe're Chris and Danny, two long-time college friends (and...Listen...2021-12-0529 minReduce Debt Increase WealthFinancial Plan ReviewedSend us a textPlanning is an ongoing process that must be review and updated every year. It only takes a few minutes to do this but is important as things may have change over time.Article Links:https://www.nerdwallet.com/article/investing/what-is-a-financial-plan By Kevin Voigt, Alana Benson The 5 Times When You Should Review Your Financial Plan | Kiplinger by: Eric Roberge, Certified Financial Planner (CFP) and Investment AdviserAll episodes are now on Facebook go to ReduceDebtIncreaseWealth.com in facebook and look to the podcast tab.Th...2021-11-2830 minReduce Debt Increase WealthPlan Ahead Using A BudgetSend us a textOnce the budget is set and perfected than it can be used to plan for a new loan, retirement, investing or saving for that new home, wedding, child or automobile.Article Links: A Better Way to Budget: The Fiscal Fitness Plan Ahead Method (fiscalfitnessphx.com)All episodes are now on Facebook go to ReduceDebtIncreaseWealth.com in Facebook and look to the podcast tab. The Financial Philosophers - Lets Nerd OutWe're Chris and Danny, two long-time college friends (and...Listen on: App...2021-11-2129 minReduce Debt Increase WealthLine of CreditSend us a textShould you use a Home Equity line of credit HELOC what are the benefits and disadvantages. Maybe an Equity loan is a better way to improve the home. Personal loan line of credit is another option maybe but will cost more interest. Article Links: https://learn.financestrategists.com/finance-terms/loc/equity-line-of-credit/ by True Tamplin, BSc, CEPF® https://www.experian.com/blogs/ask-experian/best-and-worst-ways-to-use-heloc/ by Karen AxeltonAll episodes are now on Facebook go to ReduceDebtIncreaseWealth.com in Facebook and look to the podcast tab.2021-11-1431 minReduce Debt Increase WealthRetire EarlySend us a textThe FIRE movement is strong with the younger generation wanting to retire early. Maybe at age 35 to 40 is this possible and how is it done. Then what will a person do in retirement, most likely work of some kind. Article Links: https://www.playingwithfire.co/whatisfire https://www.businessinsider.com/personal-finance/why-ditched-traditional-fire-movement-2021-6 By Michelle JacksonAll episodes are now on Facebook go to ReduceDebtIncreaseWealth.com in Facebook and look to the podcast tab.The Financial Philosophers - Lets Nerd OutWe're Chris and Dann...2021-11-0727 minReduce Debt Increase WealthSaving for a HouseSend us a textWhat to buy that first home or move up into another home? The first thing you need to do is save up a down payment. But that still not enough, so MisterChuck expands on things to do to get into that home. Article Links: https://www.rocketmortgage.com/learn/how-to-save-for-a-house By PATRICK CHISM https://time.com/nextadvisor/banking/savings/how-to-save-for-a-house/ By Kendall Little,Raina HeAll episodes are now on Facebook go to ReduceDebtIncreaseWealth.com in Facebook and...2021-10-3129 minReduce Debt Increase WealthIs Credit GoodSend us a textHaving credit is good but having too much debt can be bad. How to manage credit so you do not have to manage debt. Article Links: https://pocketsense.com/advantages-disadvantages-consumer-credit-8063.html By Cam Merritt https://www.nerdwallet.com/article/credit-cards/credit-card-tips-everyone-should-know By Lindsay Konsko https://www.marketplacefairness.org/blog/personal-finance-statistics/ https://mint.intuit.com/blog/financial-literacy/financial-statistics/All episodes are now on Facebook go to ReduceDebtIncreaseWealth.com in Facebook and look to the podcast tab.The Financial Philosophers - Lets Nerd Out...2021-10-2428 minReduce Debt Increase WealthInvesting in StocksSend us a textHow to increase your net worth, investing into stock for the long term is one way. The other is to reduce your debt. Doing both at the same time may increase your net worth faster. This episode is the basic on investing in stocks and the benefits.Article Links:https://www.investopedia.com/articles/basics/06/invest1000.asp By Chad Langagerhttps://www.investor.gov/introduction-investing/investing-basics/investment-products/stocksAll episodes are now on Facebook go to ReduceDebtIncreaseWealth.com in Facebook and look to the podcast t...2021-10-1730 minReduce Debt Increase WealthBudget CategoriesSend us a textWhat are budget categories, and the percentages should be when determining how much to spend. MisterChuck goes over this information and much more.Article Links: https://www.chime.com/blog/recommended-budget-category-percentages/ By Chonce Maddoxhttps://www.credit.com/blog/12-top-budget-categories-you-need-in-your-plan/All episodes are now on Facebook go to ReduceDebtIncreaseWealth.com in Facebook and look to the podcast tab.The Financial Philosophers - Lets Nerd OutWe're Chris and Danny, two long-time college friends (and...Listen on: Apple Podcasts SpotifySup...2021-10-1032 minReduce Debt Increase WealthDebt ReductionSend us a textWhat does it take to reduce debt? MisterChuck goes over the method to get debt under control and over time get out of debt.Articles Links: No articles used All episodes are now on Facebook go to ReduceDebtIncreaseWealth.com in Facebook and look to the podcast tab.The Financial Philosophers - Lets Nerd OutWe're Chris and Danny, two long-time college friends (and...Listen on: Apple Podcasts SpotifySupport the showPlease support the show by subscribing, can cancel at any tim...2021-10-0332 minReduce Debt Increase WealthDebt Relief ProgramsSend us a textHow to avoid using debt relief programs and determine what was the cause of getting too much debt. Before using any debt relief program you must understand why your debt is a problem. MisterChuck talks about these plus other things people do that are personal finance mistakes. Articles Links:https://www.bankrate.com/uk/current-accounts/personal-finance-mistakes/ By Marianne Curpheyhttps://www.forbes.com/advisor/personal-finance/tips-to-avoid-common-budget-mistakes/ By E Napoletano, Daphne ForemanAll episodes are now on Facebook go to ReduceDebtIncreaseWealth.com in facebook and look to th...2021-09-2633 minReduce Debt Increase WealthHoliday BudgetSend us a textChristmas is not far off, now the time to set aside money for your Christmas shopping. Article Links: https://www.moneycrashers.com/create-holiday-budget/ By Amy LivingstonAll episodes are now on Facebook go to ReduceDebtIncreaseWealth.com in Facebook and look to the podcast tab.Support the showPlease support the show by subscribing, can cancel at any time. Thanks for the support. Subscription page: https://www.buzzsprout.com/961804/support Contact: ReduceDebtIncreaseWealth@Gmail.com Wanting Budget Spreadsheet Place Spreadsheet as Subject htt...2021-09-1922 minReduce Debt Increase WealthJob Interview QuestionsSend us a textWhen your income is too low the need for a new job is required. What are the job interview questions and how to handle is covered in the episode. Article Links:https://www.indeed.com/career-advice/interviewing/top-interview-questions-and-answers By: Indeed Editorial Teamhttps://www.themuse.com/advice/51-interview-questions-you-should-be-asking By The Muse EditorAll episodes are now on Facebook go to ReduceDebtIncreaseWealth.com in Facebook and look to the podcast tab.The Financial Philosophers - Lets Nerd OutWe're Chris and Danny, two long-time col...2021-09-1226 minReduce Debt Increase WealthInvesting in stock marketSend us a textWhat to know before investing in the stock market, the basics that are important. 1.Assets Classes2.DiversificationArticle Links:https://corporatefinanceinstitute.com/resources/knowledge/trading-investing/asset-class/ https://www.nerdwallet.com/article/investing/diversification By Tiffany Lam-Balfour, James Royal, Ph.D., Elizabeth AyoolaThe Financial Philosophers - Lets Nerd OutWe're Chris and Danny, two long-time college friends (and...Listen on: Apple Podcasts SpotifySupport the showPlease support the show by subscribing, can cancel at any tim...2021-09-0528 minReduce Debt Increase WealthHabitsSend us a textSpending habits some are good, but most are bad. Mister Chuck discuss this topic and how to break these bad habits.A. Good HabitsB. Avoiding Bad habitsArticle Links: https://www.mentalfloss.com/article/532663/9-good-money-habits-you-can-formhttps://www.developgoodhabits.com/good-financial-habits/https://www.frugalconfessions.com/spend-less/list-of-spending-habits/ By Amanda L GrossmanThe Financial Philosophers - Lets Nerd OutWe're Chris and Danny, two long-time college friends (and...Listen on: Apple Podcasts SpotifySupport the showPlease support th...2021-08-2934 minReduce Debt Increase WealthBudget self-employedSend us a textIf you are self-employed or thinking about starting your own business here how you should do a budget. Included are the percentages for each category to consider when reviewing your monthly budget.Article Links:https://www.gobankingrates.com/saving-money/budgeting/recommended-budget-percentages/ By Kathy Evanshttps://www.thebalance.com/how-to-figure-out-budget-percentages-for-money-goals-4171689 BY REBECCA LAKEThe Financial Philosophers - Lets Nerd OutWe're Chris and Danny, two long-time college friends (and...Listen on: Apple Podcasts SpotifySupport the showPlease support the s...2021-08-2224 min