Reduce Debt Increase Wealth
Episodes
240 episodes
Financial Plan Reviewed
Planning 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:
Plan Ahead Using A Budget
Once 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:
Line of Credit
Should 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. ...
Retire Early
The 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:&...
Saving for a House
What 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: ...
Is Credit Good
Having 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:
Investing in Stocks
How 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 benefi...
Budget Categories
What 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-percen...
Debt Reduction
What 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 ReduceDebtIncreaseWeal...
Debt Relief Programs
How 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 th...
Holiday Budget
Christmas 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 ...
Job Interview Questions
When 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...
Investing in stock market
What 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-...
Habits
Spending 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-h...
Budget self-employed
If 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.goban...
Personal Finance
What is personal finance? Why personal finance is important, and how does it affect everyone's life. This episode Mister Chuck goes over the basic things that personal finance includes.Article Links: https://www.inves...
Budgeting Tips
Budgeting is not all that hard; it is easy after understanding the basic concept. It is a plan for your money nothing else. Failing to plan is planning to fail.Budget Categories1.Housing2.Transportation3.Food & Dinning4....
Debt Reduction Service
A plan is needed to reduce debt. No matter how much is owed or the number of credit cards or loans. A plan will help organize all debt and determine the order of payment. 1.Create Budget2.List All Debt3.Stop Creating New De...
Financial Plan
A simple approach to getting a financial plan in place. Financial plan will help track goals, set spending limits and get an emergency fund into place. Financial plan help identify your short comings with finances and directs movement to a bett...
Bankruptcy
Types of bankruptcy and what the requirements may be to file and get bankruptcy relief. Note I am not an attorney, and this is not legal advice.Articles Links:https://www.credit.com/debt/filing-for-bankruptcy-difference-between-...
Taxes
Before you can start tax planning, knowing about taxes is a must. Mister Chuck go through an Individual tax return breaking down each part of the return. Articles Link:Publication 17, Your Federal Income Tax (For Individual...
Plan to Retire
Two questions to ask yourself, how long will my retirement savings last? How much will be lost to Income Taxes? Article Links:https://www.westernsouthern.com/learn/financial-calculators/retirement-withdrawal-calculator<...
Start A Business
Once your debt has been paid off, the need to make money work becomes important. One way is to start a business or invest in a business what to do?Article Links: http://www.angelscorner.com/articles/12_rules_for_inv.htm&nbs...