Shows
Path to Progress with Paul Heintzman and John Ackerman#75: Brendan O'Connor: Psychedelics and BusinessBrendan O'Connor, COO at Cambridge Biotherapies, joins us to discuss how his company helps people "find the healer within" through psychedelic therapy. Some questions Brendan answered in this episode: How did he become involved in psychedelic therapies? How did he become involved in decriminalizing psychedelics in Massachusetts? What is a psychedelic? What does decriminalization mean? How does Cambridge Biotherapies work with their patients? What should a patient look for when considering psychedelic therapy treatment centers to ensure their experience is safe? Has there been a shift in the perception and acceptance of psychedelic therapies? Who is not a...
2024-12-271h 38
Path to Progress with Paul Heintzman and John AckermanTravelwell Company: Plan Your Vacation with Jenna DenardJenna Denard, Owner and Travel Agent at Travelwell Company, joins us to discuss how you can use a travel agent to plan your perfect vacation. Some questions Jenna answered in this episode: What does a travel agent at Travelwell Company provide for travelers? What questions do you need to ask your travel agent? When should you contact Travelwell Company or another travel agent to plan a trip? How did Jenna get into the travel industry? Why did Jenna start Travelwell Company? How can a travel agent save travelers money vs. booking on their own? When was the...
2019-12-2244 min
Path to Progress with Paul Heintzman and John AckermanMajor Robertson: The Art of Buying BusinessesMajor Robertson, Founder and CEO of Major Holdings, joins us to discuss how he buys online businesses and how he has quickly built a Private Equity Fund. Some questions Major Robertson answered in this episode: What did Major Robertson's college experience look like? When did you realize that college was not the right path for you? How did you teach yourself to code in high school? What was it about working in the corporate world that you didn't like? What was the first side job you had when you were working your corporate job? What was the point when you r...
2019-11-2144 min
Path to Progress with Paul Heintzman and John AckermanMoney Honey: Passive IncomeRachel Richards, author of the best selling book Money Honey: A Simple 7-Step Guide For Getting Your Financial $hit Together, shares how anybody can earn enough passive income to retire in their twenties. Some questions answered in this episode: What has the last year looked like for you, and what has happened to allow you to quit your job? How long did it take for you to be able to retire from when you first got serious about passive income? What made you want to get into rental real estate and what was your first step...
2019-09-1745 min
Path to Progress with Paul Heintzman and John Ackerman#71: Against the Grain: Building a Brewery with Adam WatsonAdam Watson, co-founder of Against the Grain Brewery, tells us how Against the Grain has built a global brand based in Louisville, KY. Some questions answered in this episode: Why is your beer put into a four pack with tall cans? How did Against the Grain get started? What lead you to becoming a brewer? What was the process of opening your own brewery? What was the climate of the beer industry when you started? Why is the beer industry more communal than others? Why did you choose not only to be a brewery, but a r...
2019-07-111h 22
Path to Progress with Paul Heintzman and John Ackerman#70: The Grind with John Ronayne of Brewgrass Homebrew SupplyJOHN RONAYNE, THE OWNER OF BREWGRASS HOMEBREW SUPPLY, IS BACK TO DISCUSS WHAT HAPPENS WHEN THE GLITZ AND GLAMOUR OF STARTING YOUR OWN BUSINESS BEGIN TO FADE. Some questions answered in this episode: What does the day to day look like almost 5 years into the business? What does Brewgrass Homebrew Supply look like today vs. when you opened? When do you decide to add a new product and invest in the business? What are the struggles once the honeymoon phase is over? How do you prevent burnout? How do you keep learning and growing? Why did you get...
2019-06-271h 07
Path to Progress with Paul Heintzman and John Ackerman#69: Invest with Titan with Clay Gardner, Co-Founder of TitanClay Gardner, a co-founder of Titan, joins us to share how anyone can invest like a hedge-fund investor. Some questions answered in this episode: How did you teach yourself investment strategies and how to build the company? How did you develop the current model and what was the first year like? How did you meet your co-founders? How does Titan determine their clients' investments? Does every investor have the same investments or are they customized? Why do the portfolios consist of exactly 20 stocks? What tips do you give to millennials to encourage them to invest long-term? What m...
2019-05-2447 min
Path to Progress with Paul Heintzman and John Ackerman#68: Life with the Band: On Tour With WilderadoThe band Wilderado is made up, as their About Us would suggest on their website: "Four Dudes." Those four dudes are Maxim Helmerich (vocals, guitar), Tyler Wimpee (guitar, vocals), Colton Dearing (percussion, keys, vocals) and Justin Kila (drums). While touring with Mt. Joy, I was lucky enough to catch them while they were in Louisville for a few beers and a quick podcast. After a few beers, we delved into these questions to truly understand what makes a band: How did you meet? When did you start playing music? How do you write new songs? What's a...
2019-03-2846 min
Path to Progress with Paul Heintzman and John Ackerman#67: Sierra Nevada with Ken GrossmanKen Grossman, founder & CEO of Sierra Nevada Brewing Co., joins us to share how he built one of the largest breweries in America. Questions answered in this episode: How long does it take to go from concept to bottle when brewing a new beer? How did you get started in brewing? How did you make your own brewing equipment when you started? How did you get funding when you first started? What was the goal when you started? What were the biggest keys to early growth? Did you have steady growth or were there any particular eve...
2019-01-0349 min
Path to Progress with Paul Heintzman and John Ackerman#66: Come Hell or High WaterMaud & Stirling Welch, Owners of Hell or High Water, join us to discuss the process of opening a 1920s speakeasy in Downtown Louisville. Some questions answered in this episode: What gave them the idea to open a speakeasy? Did you have any prior experience operating a bar? What was the process of planning and opening the bar? What attracted Maud & Stirling to the Hell or High Water space? What happened to the space that forced the planning process to take 3 years? How did you decide on the name Hell or High Water? What have been the biggest failures...
2018-12-051h 02
Path to Progress with Paul Heintzman and John Ackerman#65: The Future of Investing with Betterment Founder & CEO Jon SteinJon Stein, Founder and CEO of Betterment, the country's largest robo-advisor with more than $18 billion in assets under management, shares how he built Betterment and why you should join the future of investing. Some questions answered in this episode: How did you get the idea for Betterment? Why did Betterment start in 2008 during the last recession? How has Betterment grown so quickly? What makes Betterment different and separates it from competitors? What is Betterment's company culture? What drives Betterment's focus? Who are the primary Betterment customers? Does it get stressful having so much money under management...
2018-11-2124 min
Path to Progress with Paul Heintzman and John Ackerman#64: Money Honey with Rachel RichardsRachel Richards, author of Money Honey: A Simple 7-Step Guide for Getting Your FInancial $hit Together, gives us tips on how to write and sell a book. Some questions answered in this episode: Why did you decide to write a book? How did you find the time to write? What was your background before writing Money Honey? What was the hardest part about writing a book? What did you learn while writing? How did you decide what to cover in Money Honey? What outcome did you want from writing Money Honey? What advice would you give to someone wa...
2018-11-0851 min
Path to Progress with Paul Heintzman and John Ackerman#63: Behind the Seams with Alli Truttmann of Wicked SheetsAlli Truttman, President & CEO of Wicked Sheets, joins us to discuss how she has gone from sewing sheets in her apartment to selling them on qvc. Some questions answered in this episode: How did personal experience form the company? How long did you work as a side-hustle before working at Wicked Sheets full-time? What did you do to cover your weaknesses operating the company? How did you meet your initial investors and make connections to grow your business? How do you turn an idea into a product and get it manufactured? How long did you sew the sheets...
2018-09-181h 06
Path to Progress with Paul Heintzman and John Ackerman#62: Wisdom from the Wedding Warrior with Maggie Heely from Weekend Wedding WarriorMaggie Heely, Owner and Lead Coordinator of Weekend Wedding Warrior, gives us tips and tricks to have a great wedding (and a happy marriage)! Some questions answered in this episode: What is a wedding day coordination? What is the difference between a wedding day coordinator and a wedding planner? Who is a typical client of Weekend Wedding Warrior? How far in advance should you book a wedding day coordinator? What order should you book venue, photographer, music, and wedding day coordinator? How did Maggie become a wedding day coordinator? How did Weekend Wedding Warrior's business grow? Should you...
2018-09-051h 15
Path to Progress with Paul Heintzman and John Ackerman#61: Don't Be A Sheep: How to Take Risks and Reach Your Goals with John Shumate of Venture FirstJohn Shumate, CEO of Venture First (and the most interesting person we've ever met), teaches us how to take risks and reach our goals. Some questions answered in this episode: Did you see yourself as an entrepreneur growing up? How did you make the leap to become an entrepreneur? How did you get and keep your first clients? What was your day to day like starting out and what where the first few years like running Venture First? What is the best marketing tool you have ever used? How did you expand Venture First's services from business valuation t...
2018-08-2359 min
Path to Progress with Paul Heintzman and John AckermanCrush Your Wedding: How to Have a Great Wedding Without Breaking Your Budget (#60)Erica Outlaw and Lindsay Brough from Crushed Ice Catering and The Ice House teach us how to have a great wedding without blowing our budget. Some questions answered in this episode: How do you transition from the catering industry to the venue industry? How do you sell something that does not exist? What were the first few years like after opening the business? What is the atmosphere at the company today? When did the day-to-day job duties transition from 80 hour workweeks to having a team to take some of the load off? How do you get millennial employees to buy...
2018-08-1656 min
Path to Progress with Paul Heintzman and John Ackerman#59: Investment Real Estate with a Closer: What You Need to Know about Investment Real EstateChip Ridge, President of Millennial Title, teaches us the ins and outs of investment real estate. Some questions answered in this episode (as always, any views expressed in this episode are personal opinions - do your research and consult a professional before investing in real estate): What is title insurance? Why did you start Millennial Title? What are the different objectives you can achieve with investment real estate (cash flow vs. asset accumulation)? Why should somebody invest in real estate? What are some of the major factors to consider before investing in real estate? Would you...
2018-07-311h 11
Path to Progress with Paul Heintzman and John AckermanThe Truth About Owning a Home 2.0Bobby Nichols, our favorite millennial homebuyer, comes back on the show to give us an update on year two of owning his home. Click here to check out Bobby's initial thoughts. Some questions answered in this episode: How has the second year of owning a home been different from the first? What caused the most stress when originally purchasing your house? What are some pros and cons so far of buying a home? What is the worst thing that went wrong since owning your house? How did you get over the fear of commitment when purchasing...
2018-06-2545 min
Path to Progress with Paul Heintzman and John AckermanGet Real with Your Realtor 2.0Kyle Elmore, President & Owner of White Picket Real Estate, joins us to give millennials tips on what to look for when buying their first home. Some questions answered in this episode: What has happened with Kyle and White Picket since he last came on our show? How does Kyle manage growth and hiring employees? What is the biggest factor in White Picket's growth? How does somebody buying a home differentiate between a good and bad realtor? What are the first steps when purchasing a home? How does the home buying process work? How long does it take to...
2018-06-0155 min
Path to Progress with Paul Heintzman and John AckermanGive Me Some Credit with Jon SandersJON SANDERS, MORTGAGE LOAN OFFICER AT STOCK YARDS BANK & TRUST, SITS DOWN WITH US TO EXPLAIN MORTGAGES. JON BREAKS DOWN THE TERMINOLOGY AND GIVES US TIPS ON HOW TO GET A MORTGAGE FOR YOUR DREAM HOME. Some questions answered in this episode? How did Jon Sanders first get into the mortgage business? How are mortgage rates determined? How often do rates change and what are the current rates? What are the most important things to think about when you're looking to buy a house? How do you know if you're ready to purchase a house? What...
2018-05-1836 min
Path to Progress with Paul Heintzman and John AckermanDerbyBNB with Jonathan KlunkJONATHAN KLUNK, PRESIDENT OF KEY SOURCE PROPERTIES, JOINS US TO DISCUSS SHORT-TERM RENTALS (AIRBNB), WHICH ARE HUGE IN LOUISVILLE DURING KENTUCKY DERBY TIME. Jonathan got his start in short-term rentals by trying it out on his own, which caused him to realize how little others knew about the budding industry. He was interested to see if his property would get demand for Kentucky Derby, and was shocked at how quickly his property became booked. After requests from his friends to help them out with their Airbnbs, he decided to start a side business. The perfect Airbnb property? Jonathan says you...
2018-05-0459 min
Path to Progress with Paul Heintzman and John AckermanLessons from Year Two with John AckermanJOHN ACKERMAN SITS DOWN AFTER HIS TAX SEASON HIATUS TO DISCUSS THE LESSONS HE LEARNED FROM YEAR TWO IN BUSINESS. While we sometimes forget, we actually have a millennial entrepreneur as one of the hosts of Drunken Money (me). I just wrapped up my second tax season as a CPA out on my own, so we decided to kick off Season 2 of Drunken Money with Paul and I discussing what I learned from year two as a full-time entrepreneur. This is: Lessons from Year Two. When you're on your own, there are periods of time when you must...
2018-05-0131 min
Path to Progress with Paul Heintzman and John AckermanINDUSTRY KILLERS WITH JON MATAREveryone likes to talk about how millennials are industry killers. Well we’re going to break it down, talk about a few of these industries, and maybe what we should kill next. This is millennials: industry killers. Here are the shoutouts: MadTree PSA: the beer we drank Milewide Hooters and Buffalo Wild Wings Applebee's Top Golf Dave and Buster's Dove Men+Care Heuser Health OrangeTheory NFL Exxon Ticketmaster Venmo Smart Data Systems Taylor Swift, Foo Fighters, and Phish Impossible Patty
2018-03-1334 min
Path to Progress with Paul Heintzman and John AckermanWho We Are and Why We Do ItWe've been asked a few times why we started Drunken Money, so we wanted to flip the script and let John Ronayne, our favorite Homebrewer from Brewgrass Homebrew Supply, interview us while we brewed our newest beer, the Roth IPA. Have any topics you want to be covered or amazing people you'd like us to interview? Let us know! You can email us at info@drunkenmoney.com. You can also find us on Facebook, Instagram, Twitter, and Linkedin. Please be sure to subscribe to our weekly mailing list at drunkenmoney.com/subscribe.
2018-02-241h 25
Path to Progress with Paul Heintzman and John AckermanHow to Do It All with Zack PenningtonZack Pennington might be the coolest guy we know. In addition to being a co-founder or co-owner of Herelancer, U.S. Chia, and Flying Axes, he is also the lead guitarist for Light Treasons and is a Sales Manger at EdjAnalytics. How to Do It All: Zack is one of the owners of Flying Axes in Louisville. Although his initial reaction was that it wasn't a great idea, after going to an axe-throwing venue in Canada, Zack realized it was a great industry that appealed to everyone (similar to darts and bowling). The team also received great publicity thanks to Jenn...
2018-01-171h 25
Path to Progress with Paul Heintzman and John AckermanDrink Tonight, Feel Good Tomorrow with Morning RecoverySisun Lee, Founder/CEO of Morning Recovery, joins us to discuss how he manages his startup's growth in Silicon Valley. Morning Recovery: Sisun explains how he came up with the idea for Morning Recovery and executed his idea into a successful company. His Korean heritage (and Koreans' affinity for drinking) was one of the keys to getting the idea for the product. He had tried similar drinks in Korea, and wanted to dive into the science behind the drinks and how he could create his own product. DHM, an antioxidant found in Korean raisin trees, is the secret to...
2018-01-0338 min
Path to Progress with Paul Heintzman and John AckermanMake It as a Musician with RIVVRSBrandon Zahursky, aka RIVVRS, joins us to discuss how to make it as a musician, how he makes money in today's music industry, and his advice for aspiring musicians. RIVVRS: Brandon is currently based in Los Angeles but is from San Francisco. He describes how he got started in music when he was younger thanks to Barney. He later got into AC/DC, Black Sabbath, and classic rock before switching to acoustic guitar. How did he learn guitar? By sitting alone and watching Youtube videos. For the first year and a half as a musician, he lived on friends' couches b...
2017-12-2651 min
Path to Progress with Paul Heintzman and John AckermanAsk Drunken Money AnythingFor this episode, we wanted to mix it up and let you, our listeners, ask us any questions you had about personal finance. Ask Drunken Money Anything: What is our best advice for planning ahead for a large purchase (such as a vacation), without sacrificing going out to the bars and making fun purchases? This is the reason we created the "Six Tenets of Drunken Money". Make sure you know exactly how much money you need to reach your goals, and then use the 50/30/20 rule of budgeting to achieve your goals. Remember to always tell your money where to go, do...
2017-11-2723 min
Path to Progress with Paul Heintzman and John AckermanChocolate Takeover with Ballotin Chocolate WhiskeyPaul Tuell, Founder of Ballotin Chocolate Whiskey, shares his secrets to creating a whiskey brand and how he has grown the company from idea to booming success. Where would you begin if you wanted to start a liquor company? Find out how Ballotin Chocolate Whiskey was created and the steps Paul Tuell took to ensure his brand would be a success. Ballotin Chocolate Whiskey: Paul discusses his career before launching his own whiskey brand, and how his experience at major corporations prepared him to launch his own business. When did he have the idea to start his own b...
2017-11-0249 min
Path to Progress with Paul Heintzman and John AckermanGreat Flood Brewing CoZach Barnes, Owner of Great Flood Brewing Co, comes on the show and shares the story of Great Flood's rise from idea to a brewery to canning and distribution. Ever wanted to learn how a couple young guys could start a successful brewery? This is the story of how Great Flood Brewing Co got started. Great Flood Brewing Co: Zach tells us how brewers decide which beers should go into cans, and gives us a teaser for future Great Flood beers. We learn the guys' biggest hurdle to actually opening a brewery. While some people might think of o...
2017-10-2558 min
Path to Progress with Paul Heintzman and John AckermanDissecting a MillennialJohn and Paul look at "9 Things Millennials Don't Understand About Money" from TheCollegeInvestor.com and give their thoughts. Dissecting a Millennial: Millennials don't always know they're in debt. While this is hard to believe, we can see situations where college students don't know what they're getting into when they sign up for student loans. It's extremely important to pay off these student loans as fast as possible. Check out our episode on student debt with Jordan Clemons. Millennials don't know how to repay their student loans. Millennials don't understand their health insurance options. We can definitely understand this one - th...
2017-10-1330 min
Path to Progress with Paul Heintzman and John AckermanThe Six Tenets of Drunken MoneyPaul and John announce "The Six Tenets" of Drunken Money. We break down the steps any millennial can follow to achieve their financial goals. The Six Tenets of Drunken Money: Dream - Have a tangible goal you're trying to accomplish. Make it a SMART goal. Be as descriptive as possible about what you're trying to achieve when you want to achieve it, and break it down into smaller chunks. Specific Measurable Attainable Relevant (or Results Focused) Time-bound Break down your goal into smaller chunks so you know exactly what you need to achieve each week/month. Budget - Build a b...
2017-10-0425 min
Path to Progress with Paul Heintzman and John AckermanGiving Back to Your CommunityJennifer Hancock, President and CEO of Volunteers of America Mid-States, helps us explore the world of non-profits and how millennials can give back to their communities. Ever want to get involved in your community but didn't know where to begin? Check out this episode to learn what you can do as a millennial to make a difference. Want to learn more about Volunteers of America? Join Paul and John at the Power of One Breakfast on October 11, 2017. Sign up at voamid.org. Giving Back to Your Community: Jennifer explains how she became involved in service work in high...
2017-09-2739 min
Path to Progress with Paul Heintzman and John AckermanMaking Sense of the EconomyKeith Blakely, CFA, Investment Advisor at Stock Yards Bank, joins us to break down what's going on in the economy and how it impacts millennials. Ever hear about what's going on in the economy but aren't sure how it impacts you? In this episode, we focus on making sense of the economy. Making Sense of the Economy: ***Disclaimer - the opinions of Keith Blakely and Drunken Money in this episode are not intended as specific financial advice. Consult with a financial advisor before investing. Why does the economy matter? Keith breaks down why the economy's important a...
2017-09-2142 min
Path to Progress with Paul Heintzman and John AckermanSolopreneur Success with Nikki ChinNikki Chin, the founder of Spark Spring, an online marketing company, tells us how to successfully navigate the business world as a solopreneur. Ever been scared to take a leap of faith and start a business by yourself? Nikki gives great advice on how to be a successful solopreneur! Solopreneur Success: Nikki moved to Louisville to reduce her cost of living, and to pursue her original dream of being a sign-language interpreter. She originally learned to sell as an insurance agent before starting Task Guardian, a digital marketing company. Nikki's pet peeve is people who try to do...
2017-09-1339 min
Path to Progress with Paul Heintzman and John AckermanStory of a Startup with Jon Matar of PowerUp LabsJon Matar, CEO of PowerUp Labs, comes on the show to discuss his journey from young entrepreneur to a successful startup: Want to start a business but worried you will fail? Jon Matar tells us his story of a startup and how he has managed to keep trying until he found success. Story of a Startup: Jon Matar tells us how why he left a comfortable job as a banker to join the startup world. Remember, even if your startup fails, you can always go back to where you started, usually at an even higher position. He discusses...
2017-09-0542 min
Path to Progress with Paul Heintzman and John AckermanNetworking Tips and Tricks with Ann Marie KellyAnn Marie Kelly, Executive Director of the Young Professionals Association of Louisville (YPAL), gives us her best networking tips and tricks: Ever gone to a networking event and not known what to say? Ann Marie gives teaches us awesome networking tips and tricks so you can make great connections. ***Special discount for listeners*** When you sign up for YPAL use promo code "drunkenmoney" for $10 off! Networking Tips and Tricks: Ann Marie discusses her path from Bellarmine University to the Archdiocese of Louisville and then to the Young Professionals Association of Louisville (YPAL). Not surprisingly...
2017-08-3042 min
Path to Progress with Paul Heintzman and John AckermanSEO in a Nutshell with The SEO ShowElina Pereira and Riley Hook from Guardian Owl Digital Boutique give us a crash course in SEO: Have you wanted to improve your website's SEO? In this episode, we team up with SEO pros to learn about SEO in a Nutshell! SEO in a Nutshell: Riley discusses what it's like to be an intern at Guardian Owl Digital Boutique. Elina discusses the difference between SEO (Search Engine Optimization) and Search Engine Marketing. Elina describes what it was like moving to Louisville from New Jersey and how she has adjusted to a new city. She talks about what she...
2017-08-2328 min
Path to Progress with Paul Heintzman and John AckermanHow to Homebrew & MoreJohn Ronayne (Brewgrass Homebrew Supply) teaches us how to Homebrew & More: Have you ever wanted to homebrew beer but were too intimidated or didn't know where to start? In this informal episode, we learn how to homebrew & more with John Ronayne of Brewgrass Homebrew Supply. In this episode: Drunken Money and Boy Meets Wort join forces for an epic combination episode at Brewgrass Homebrew Supply. John Ronayne discusses the history of Oktoberfest beer (Stocktoberfest) and why it's a perfect Fall beer. We learn the different types of grains that go into a beer and how they i...
2017-08-1644 min
Path to Progress with Paul Heintzman and John Ackerman#36 Student Debt Part OneIt seems almost every millennial is faced with a massive financial crisis right out of college: student debt. In this episode, we chat with our very good friend Jordan Clemons, of Kentucky Financial Group, on student debt basics. In this episode: Student debt basics. Should you pay off student debt early? The biggest mistakes regarding student debt. The guys' personal opinions on student debt. Pros and cons of privatizing/refinancing student debt. And our good friend compound interest. Special shoutouts and show notes: Woodford Reserve Goodwood Brewing You Need A Budget (YNAB) Siddartha Contact Jordan at jclemons@kfg.com. Have any topic...
2017-08-0936 min
Path to Progress with Paul Heintzman and John Ackerman#35 SEO With Guardian OwlHow do you conquer SEO (Search Engine Optimization)? It's an issue that's constantly on the mind of anyone with a website. In this episode, we get to chat with Jenna Ahern, President and Co-Founder of Guardian Own Digital Boutique. Jenna is an SEO master, and she gives us a ton of helpful tips. In this episode: How Jenna became involved with marketing and SEO. Why she started a business. The importance of SEO. How companies can improve their SEO. The most difficult and the best part of starting a business. Why you should network. Show quotes: "Go as far as you c...
2017-08-0142 min
Path to Progress with Paul Heintzman and John Ackerman#34 Marketing with Kale & FlaxIn this episode, we hear from one of Louisville's top entrepreneurs, Tarik Nally of Kale & Flax and Curio Learning. Tarik discusses how he navigates the startup world and manages his time between two incredible companies. In this episode: How Tarik began his journey as an entrepreneur. His time working for somebody else. Why he started his own businesses. How he started his businesses. His keys to continually learn. How he starts and structures his day. Work-life balance. Marketing tips for new businesses. How to conquer social media (Instagram, Facebook, Twitter, Snapchat). The importance of asking for help. Why he wishes...
2017-07-2552 min
Path to Progress with Paul Heintzman and John Ackerman#33 Mutual Funds vs ETFsTwo extremely popular investment vehicles currently on the market are mutual funds and ETFs (exchange traded funds). While similar, there are a few key differences between the two investments. In this episode: Mutual Funds vs ETFs Why mutual funds have higher fees than ETFs A comparison of investing in mutual funds and ETFs Tax advantages of ETFs Special shoutouts: Forbes Vanguard: Mutual Funds vs ETFs comparison Have any topics you want to be covered or entrepreneurs you'd like us to interview? Let us know! You can email us at paul@drunkenmoney.com or john@drunkenmoney.com. You can also find us...
2017-07-1809 min
Path to Progress with Paul Heintzman and John Ackerman#32 Feed the PartyThe world of food e-commerce is exploding right now, and we were fortunate enough to be joined by Matt Kenney of Feed the Party. ***Special for Drunken Money listeners – use coupon code “Drunken Money” to save 20% off your order at feedtheparty.com. In this episode: Why Matt pivoted from his original vision How he used his old job to start a new business The advantages of operating an e-commerce food company in Louisville, KY How his target customer shifted over time Future plans for Feed the Party His competitive advantage (high-quality with lower-price) Career advice to his younger self (listen at the...
2017-07-1247 min
Path to Progress with Paul Heintzman and John Ackerman#31: The Millennial TravelerThe inspiration for this video came from my recent travels in the Shenandoah National Park in Virginia. My girlfriend wants to see all the national parks in America, and damnit so do I! So she and I took a long weekend trip to the mountains and had a hell of a time. But most importantly (why this pertains to the podcast) we ran into some pretty awesome guests. The Appalachian Trail runs through the park, and we were fortunate enough to hike a few of the miles of it. For those that may not know, the Appalachian Trail or AT...
2017-07-0610 min
Path to Progress with Paul Heintzman and John Ackerman#30 Nailing the InterviewIn today's world, millennials seem to always be on the lookout for the next job. In this episode, Paul and John, with special guest Phil Brun, discuss how a millennial can really nail the interview. The guys discuss interviewing tips, their interview horror stories, and hilariously conduct an impromptu interview. Have any interview tips or horror stories? Let us know! You can email us at paul@drunkenmoney.com or john@drunkenmoney.com. You can also find us on Facebook, Instagram, Twitter, and Linkedin. Please be sure to subscribe to our weekly mailing list at drunkenmoney.com/subscribe.
2017-06-2826 min
Path to Progress with Paul Heintzman and John Ackerman#29 Work-Life BalanceWhat does it mean to have work-life balance? Why is it so important and how can millennials achieve it? In this episode, Paul and John discuss work-life balance and tips on how to achieve it. Do you have any tips on achieving work-life balance? Let us know your thoughts! You can email us at paul@drunkenmoney.com or john@drunkenmoney.com. You can also find us on Facebook, Instagram, Twitter, and Linkedin. Please be sure to subscribe to our weekly mailing list at drunkenmoney.com/subscribe.
2017-06-2022 min
Path to Progress with Paul Heintzman and John Ackerman#28 Avocado ToastHave you purchased avocado toast? Was it worth it? In this episode, Paul and John look at small purchases in life that add up and can really make a difference. Are there any purchases you've made recently that you should cut out of your spending? Let us know your thoughts! You can email us at paul@drunkenmoney.com or john@drunkenmoney.com. You can also find us on Facebook, Instagram, Twitter, and Linkedin. Please be sure to subscribe to our weekly mailing list at drunkenmoney.com/subscribe.
2017-06-1419 min
Path to Progress with Paul Heintzman and John Ackerman#27 Snapchat ReviewIn this Snapchat Review, Paul and John talk about their personal history with Snapchat as well as their thoughts on if they'd invest in the stock (SNAP). Do you use Snapchat or have thoughts on the stock? Let us know your thoughts! You can email us at paul@drunkenmoney.com or john@drunkenmoney.com. You can also find us on Facebook, Instagram, Twitter, and Linkedin. Please be sure to subscribe to our weekly mailing list at drunkenmoney.com/subscribe.
2017-06-0717 min
Path to Progress with Paul Heintzman and John Ackerman#26 Startup Weekend: Wake up a Winner with Phil BrunOn the weekend of April 7-9, I participated in Startup Weekend in my hometown of Louisville. Startup Weekend is a summer camp meets shark tank. In just 54 ideas, you turn an idea into a business all in the effort to impress the judges and win funding. And while my startup idea did not win, I was fortunate enough to meet and become quick friends with the winning team, and their founder Phil Brun. Phil Brun started LifeBit, which is a wearable technology that can alert people with hearing disabilities to fire alarms and obviously save lives. Phil is an incredible...
2017-05-2450 min
Path to Progress with Paul Heintzman and John Ackerman#25 A Political PartyDon't worry--Drunken Money isn't about to go political on you. Because I'm absolutely sure you're fed up with scrolling through Facebook and seeing way too many political posts. Want to do something about it? Well Drunken Money is hear to point you in the right direction with what we've entitled: a political party. We invited Alexis Hebert on our show from Emerge Kentucky, and she is killing it right now in the political scene. She stopped by our show to help offer some advice to millennials on how we can all become more involved in the political sphere from the...
2017-05-1731 min
Path to Progress with Paul Heintzman and John Ackerman#24 Repairing And Building CreditOn today's episode, we're going to tackle a huge problem for most millennials: repairing and building credit. Now for many of you, this may be a no-brainer. You may be sitting there with your 743 credit score and think, why do I need this episode? Well, you're right. This episode isn't for you. But if you're sitting there and you have below a 700 or if you don't even know what your credit score is, then listen in; this is the episode for you.
2017-05-1012 min
Path to Progress with Paul Heintzman and John Ackerman#23 Social Entrepreneurs with Hannah DavisHannah Davis is owner and CEO of Bangs Shoes, an adventure inspired footwear company created to make the world a better place. She's lived in multiple parts of the world, built an amazing brand, and she's still committed to helping other entrepreneurs achieve their dreams. We interviewed her all the way from Austin TX via Skype, to find out her story, her passions, and what we can expect from her next (SPOILER ALERT: she has no plans of stopping!) Enjoy, and we can't wait to hear your thoughts!
2017-05-0331 min
Path to Progress with Paul Heintzman and John Ackerman#22 Investing 101: Where to StartIn this episode of Drunken Money we tackle the subject of "Investing 101: Where to Start". If you enjoyed this episode, please let us know at John@DrunkenMoney.com or Paul@DrunkenMoney.com, leave us a review on iTunes, and be sure to subscribe to our email newsletter at DrunkenMoney.com/Subscribe.
2017-04-2624 min
Path to Progress with Paul Heintzman and John Ackerman#21 How much money do YOU need to be happy?In this episode of Drunken Money we tackle the subject of "How Much Money Do YOU Need to be Happy?".
2017-04-1726 min
Path to Progress with Paul Heintzman and John Ackerman#20 Serial Entrepreneur w/ Natalia BishopWe stopped by our friend Natalia Bishop's coworking space in Story Louisville. Multiple creative entrepreneurs in Louisville called this place home, but to our surprise, this amazing business in Butchertown was hardly Natalia's first or only shot at entrepreneurism. She's busy juggling three, stellar businesses, and we were able to interview her and get the inside scoop on each and find the secrets on how she does it.
2017-03-291h 01
Path to Progress with Paul Heintzman and John Ackerman#19 Power Couples with Tyler and KatieWhen most people hear the phrase "power couples" they may think Brad and Angelina, Beyonce and Jay-Z, Tom Brady and Gisele, etc. But when it comes to Power Couples, there's a new couple in town: Tyler and Katie Jury. First off, Tyler is not only a dentist at Springhurst Family & Cosmetic Dentistry, but he is also part owner in Clayton & Crume, a handcrafted leather goods company in Louisville, KY. Next up, is the real kickass side of the relationship, and that's Katherine (or Katie) Jury. She is a phenomenal artist that creates exceptional pieces of art all right here locally.
2017-03-231h 37
Path to Progress with Paul Heintzman and John Ackerman#18 Millennial Life Insurance: We Recommend ProtectionIn this episode, we interview Gina Palazzo and discuss millennial life insurance. Gina is a financial advisor in Louisville, KY who specializes in a holistic approach to financial planning. This episode covers: -How Gina found her way into the financial planning world and settled in Louisville. -The two main types of life insurance. -How life insurance can be used as an investment tool. -The foundation of the "financial pyramid". -Gina's recommended type of life insurance you should get. -When a millennial should get life insurance. -Sleeping tips -And much more! Please don't forget to subscribe to our podcast. Also, please...
2017-03-1033 min
Path to Progress with Paul Heintzman and John Ackerman#17 Millennial Business: Follow Your Passion with John RonayneBy popular demand, the Drunken Money Millennial Business Series is finally here. This series will be bringing you real life millennials that are starting and running businesses, and we'll be interviewing them to understand how they did it, why they did it, and maybe how you can too. On our first episode in the series, we bring you John Ronayne owner of Brewgrass Homebrew Supply, a homebrew shop right here in Louisville where you can get everything from beer making equipment, grains, hops, wine kits, etc. From personal experience, he's also the gentleman that helped write the recipe for the...
2017-03-021h 06
Path to Progress with Paul Heintzman and John AckermanEp. 16: Finding Finance: Choosing a Financial AdvisorEp. 16: Finding Finance: Choosing a Financial Advisor In this episode of Drunken Money we tackle the subject of financial advisors. We interview Cody Matthews, a financial advisor at Northwestern Mutual, and find out: -How should a millennial choose a financial advisor? -When should a millennial get a financial advisor? -Why is a financial advisor better than doing it yourself? -How can a financial advisor help plan for the future? -Who does not need to get a financial advisor (the answer may surprise you)? We also discover: -How to effortlessly transition to a new city where you only know one person...
2017-02-2335 min
Path to Progress with Paul Heintzman and John AckermanEp. 15: Mortgage Series Part 3: The TruthThe long awaited conclusion to the Drunken Money Mortgage Series is finally here. On today's episode, we interview a real-life millennial to understand the pros and cons about buying your first home. What does it really mean to make the biggest purchase of your life, and what will it mean moving forward? Is it right for you? What does Bobby Nichols have to say?
2017-02-1736 min
Path to Progress with Paul Heintzman and John Ackerman#14 Mortgage Series Part 2: Gimme Some CreditOn part 2 of our Mortgage Series, John and I interview Jon Sanders, Mortgage Loan Officer at Stock Yards Bank & Trust. Jon takes time to answer our questions about how millennials can buy their first home, and what they should be thinking about when making the biggest purchase of their lives! From credit scores, to tax returns, Jon has the secrets to help you buy your first home.
2017-02-0929 min
Path to Progress with Paul Heintzman and John Ackerman#13 Tax TakeoverIn this episode, we talk about: What is a 1040? The forms you need to file your taxes K-1's vs. Schedule C's When you should file your own taxes vs. paying a tax preparer How you should choose a tax preparer Student loan interest Deductions vs. credits Our take on refunds Visit drunkenmoney.com for show notes.
2017-02-0418 min
Path to Progress with Paul Heintzman and John AckermanEp. 12: Mortgage Series Part 1: Get Real with your RealtorAfter a lot of interviews and a little bit of wine, we finally introduce to you Part 1 of our Mortgage Series: Get Real with your Realtor. On today's episode, we interview Kyle Elmore, of White Picket Real Estate, and we get to the bottom of what you should know about a realtor, and what you NEED to know about buying your first house.
2017-01-2538 min
Path to Progress with Paul Heintzman and John Ackerman#11 Consumer Debt and How to Get OutOn today's episode, we interview Grayson Bell, who just made his way out of over $75,000 in consumer debt. He discusses how easy it is to fall in so deep of debt, but also, how, with a bit of hard work, it's possible to get out of it.
2017-01-1314 min
Path to Progress with Paul Heintzman and John Ackerman#10 The Easiest Way to Get RIchIn this episode, we talk about: -Warren Buffett's secret to getting ultra-wealthy -How a penny doubled every day for 30 days is better than $1 million -How choosing not to invest when you're young will drastically decrease your money at retirement -How small fees on your investments will greatly decrease your money at retirement -The Rule of 72 Show notes and links for this episode can be found at www.drunkenmoney.com/podcast.
2017-01-0515 min
Path to Progress with Paul Heintzman and John Ackerman#9 Health Insurance - Pay A Little And Don't Get SickHealth Insurance keeps getting more and more confusing by the day. For most millennials, it's tough to keep up and it's even tougher to try to stay healthy AND wealthy. This episode navigates the basics of health care by just scraping the surface of the health world. Enjoy.
2016-12-2807 min
Path to Progress with Paul Heintzman and John Ackerman#8 Budgeting Bi***esKnow how much you're spending each month? Know how much you SHOULD be spending each month? Well, it clearly helps to have a budget. It's good to know how much you're spending and on what, but where do you get started? It helps to have an idea of how much you should be spending each month on drinks with friends or how much you're saving for retirement. On today's episode, I try to tackle an easy way to think about budgeting. The 50-30-20 rule.
2016-12-2207 min
Path to Progress with Paul Heintzman and John Ackerman#7 Bored At BoardsJoining a new community can be tough. Fortunately, there's an easy way to get involved by also helping others: joining boards. This is the millennials' guide to making that happen.
2016-12-1924 min
Path to Progress with Paul Heintzman and John Ackerman#6 Save Money, Lose Weight, Feel BetterHow can you save money, lose weight, and feel better? Start riding a bike more.
2016-12-1307 min
Path to Progress with Paul Heintzman and John Ackerman#5 Drunken Money Dissection - Ramsey's 7 Baby StepsEveryone knows Dave Ramsey, and therefore, everyone knows his seven baby steps. But heck, we're millennials, and this is what we think about his easy steps that "everyone" should be using. Is financial advice really "one size fits all" when it comes to millennials?
2016-12-1325 min
Path to Progress with Paul Heintzman and John Ackerman#4 How Much Should Millennials Save?How Much Should Millennials Save? John explores why the conventional wisdom of xx% of your current earnings is a bad philosophy.
2016-12-1209 min
Path to Progress with Paul Heintzman and John Ackerman#3 How to Network like a BossEntering the work force or hoping to get new business? Learn how to network. LIKE A BOSS.
2016-12-0122 min
Path to Progress with Paul Heintzman and John Ackerman#2 Fun Investing 101How to invest. From $1 to $10,000. How to have fun if you have just a few dollars to put in the stock market.
2016-12-0110 min
Path to Progress with Paul Heintzman and John Ackerman#1 Who We Are And What We're NotOur intro episode.
2016-12-0106 min