Getting Money Right

GRM 139: How Your Spending Impacts The Economy

The health of our economy impacts all of us. When the economy is strong, we reap the financial benefits; higher wages, cheaper goods, and many others. Of course, the opposite is also true. A weak economy hurts our finances. But, did you know that your personal financial choices play a crucial role in the health of our economy? In this episode of GMR, we discuss debt cycles, what they are, how and why they happen, and what this means to your personal finances and our economy.

GMR 138: Understanding How The Economy Works

Having a basic understanding of how The Economy works is not just for financial experts. Understanding market cycles, consumer spending, and the role credit plays in the economy is more important than you realize. In this episode, we introduce you to the three main forces that drive the economy and how they personally impact your finances.

GMR 137: Most Common Investing Mistakes

We hear a lot about investing and how important it is to save for our futures. Yet, many people are slow to invest. In this episode of GMR, we talk about the most common investment mistakes, and yes, not investing [or not investing sooner] is one of the biggest mistakes.

GMR 136: How to Save More Money

Saving money is one of the most important parts of managing money well. Unfortunately, Americans still don’t save nearly enough. In this episode of GMR, we discuss what it takes to make saving money a priority, and give you some specific ways to start saving today!

GMR 135: Financial Choices with Long-Term Negative Impact

Making smart financial decisions will ensure you maintain long-term financial health. Unfortunately, with the lack of basic financial education, that’s easier said than done. In this episode of GMR, we look at those financial decisions that have the most impact on our finances and give you some specifics on how to make better financial decisions.

GMR 134: How to Experience Positive Change In Your Finances

Change is difficult! Whether you are trying to improve your finances, lose weight, or anything else, it requires a certain level of discomfort, which none of us enjoy. The biggest obstacle to change is our emotions. Because of the way we feel influences our behavior, we must understand and adapt our feelings if we stand to achieve whatever we’re after. In this episode of GMR, we discuss the five stages people move through emotionally when changing their behavior to help you experience positiv...

GMR 133: Common-Sense Reasons to Buy Insurance Coverage

You can do many things right to manage your money well and ensure a good financial future, but if you fail to add adequate insurance to your strategy, you could lose big! In this episode of GMR, we talk with Harry Stout, the author of Today’s Life Insurance - A Protection Tool for Your Future. His many years of experience in the insurance industry will help us understand the role insurance play into our financial lives, and why this one choice is so crucial to our success.

GMR 133: Common-Sense Reason to Buy Insurance Coverage

You can do many things right to manage your money well and ensure a good financial future, but if you fail to add adequate insurance to your strategy, you could lose big! In this episode of GMR, we talk with Harry Stout, the author of Today’s Life Insurance - A Protection Tool for Your Future. His many years of experience in the insurance industry will help us understand the role insurance play into our financial lives, and why this one choice is so crucial to our success.

GMR 132: Why You Need a Personal Financial Safety Net

You’ve heard of an emergency fund, and that having one is very important. But, to have financial stability and ensure your finances are as secure as you can make them, you need more, you need a financial safety net. In this episode of GMR, we’re talking with Harry Stout, to understand what six elements make up the proper financial safety net.

GMR 131: Answering More of Your Financial Questions

Sometimes knowing the right answer to a financial question is difficult, especially when financial stress is high and money is tight. In this episode of Getting Money Right, we’re answering more of your financial questions so that you’re better prepared to manage through budget challenging situations.

GMR 130: Answering Your Financial Questions

Sometimes knowing the right answer to a financial question is difficult, especially when financial stress is high and money is tight. In this episode of Getting Money Right, we’re answering your financial questions so that you’re better prepared to manage through budget challenging situations.

GMR 129: The Upside of Financial Stress

Is it possible that financial stress to be good for you? That all depends on your perspective! Join us for this episode of Getting Money Right, as we discuss how financial stress, when you allow it to influence your thoughts and actions, can be of tremendous benefit to you.

GMR 128: Time Tested Principles for Your Finances

GMR 127: Bankruptcy - Why it's not the fresh start you want

You’ve seen the TV commercials about bankruptcy, how they promise filing for bankruptcy will remove your financial burden and give you a fresh start. In this episode of GMR, we share the other side of bankruptcy that those who recommend never talk about. We’ll also give you alternatives to bankruptcy that will help you pay off your debt quicker and with less long term damage.

GMR 126: Help Us Help You!

We need your perspective! After more than 2 years of launching Getting Money Right, we’re taking a pause to ask you about the things that really matter to you. Our goal is not just to give you good information, but to also help you take action that leads to your financial and life success. To help us in providing the kind of content and support you need, we’ve developed a quick survey. Please use the following link to take the survey, and thank you for your feedback - https://forms.gle/bWdrXP...

GMR 125: Which App Is The Best - YNAB, EveryDollar, or Mint?

Over the past few episodes we’ve reviewed the most popular budgeting apps to see how well they align with our 4 Foundational Principles of a budget. In this episode of GMR, we provide you with a side by side comparison of YNAB, EveryDollar, and Mint, and make our final recommendation as to which one is best at helping you budget.

GMR 124: Mint - It's free, but is it good?

Mint is one of the oldest and most widely used personal finance apps available today. It has a high number of features, but how good is it at helping you budget? In this episode of GMR, we put Mint up against the 4 Foundational Principles of a Budget to see how effective it is to help you budget successfully.

GMR 123: Every Dollar - Does Dave Ramsey's Budgeting App Pass the Test?

Dave Ramsey has taught millions how to get out of debt and become financially free. He even has a budgeting app, Every Dollar to help people experience financial peace. In this episode of GMR, we test Every Dollar against the 4 Foundational Principles that should be part of every budget. Will it pass or fail the test?

GMR 122: YNAB - How good is this app at helping you manage your money?

YNAB (You Need A Budget) is one of the most popular budgeting software available today. In this episode of Getting Money Right, we’re going to put YNAB, the online and phone version, up against our 4 Foundational Principles of A Budget to see how effective it is at helping you manage your money.

GMR 121: The Yearly Budget Tool - Does it meet the 4 Foundational Principles of A Budget?

From using personally designed Excel spreadsheets to online apps, there are plenty of budgeting tools readily available to use to manage your personal budget. Over the next few episodes, we’re going to review some of the most popular apps and tools to see how effective they are at helping you manage your money. This week, we’ll evaluate the Yearly Budget Tool to see whether it meets all four of the 4 Foundational Principles of A Budget.

GMR 120: The 4 Foundational Principles of a Budget

The education system is designed to help you learn a profession so you can get a job. And, one of the main reasons to get a job is to make money. So if money is the end goal, why aren’t we teaching people how to manage it? Well, WE ARE! In this episode of GMR, we introduce you to the four foundational principles of a budget. Mastering these four principles will provide you with the equivalent of a Ph.D. in money management.

GMR 119: How Dealing with Money Problems Makes Us Better

At first glance, problems can be seen as frustrating, and therefore to be avoided. That's no surprise since humans naturally seek pleasure and try at all costs to prevent pain. Money problems are especially painful because a lack of money threatens so many areas of life. In this episode of GMR, we discuss how dealing with our money problems can help us not only in fixing our money problems but also in improving ourselves.

GMR 118: CARES Act: What You Need To Know

The Coronavirus pandemic has had significant health and economic impact in the United States. As a way to help shore up and maintain financial stability, Congress has passed the CARES Act bill. It is designed to keep workers paid and employed, fund health care systems enhancements, and provide for economic stabilization. In this episode of Getting Money Right, we break down the specifics of the CARES Act and how it will impact you.

GMR 117: Investing During Economic Uncertainty

Robert G. Allen once stated, "How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case." Although becoming a millionaire should not be everyone's goal, having enough to care for yourself and your family in the future should be. Saving alone will not get you there; you have to invest. In this episode of GMR, we share some investment strategies to help you achieve a healthier financial future.

GMR 116: Navigating Through Uncertainty

For some people, this season of dealing with the coronavirus is proving to be more of a challenge than just simply staying healthy. Some are facing job loss and a lack of adequate resources. Others are concerned that if this pandemic lasts too long, what limited resources they have will run out. In this episode of Getting Money Right, we’re sharing some resources that are available to you right now, insights to help you take what you have and make it last longer, and a challenge to remember t...

GMR 115: Being Prepared for Economic Uncertainty

Economic uncertainty is certain to occur from time to time. This is the reality we are facing today as the COVID 19 virus is having a physical as well as economic impact throughout the world. In this episode of Getting Money Right, we talk about the steps you can take to ensure you can weather this and future economic storms.

GMR 114: Buying vs Renting

GMR 113: Money Tips for Teens and Young Adults

Passing on financial knowledge and wisdom to our children is something we should all be intentional about. In this episode of Getting Money Right, we share some money tips you can use to help your teen or young adult to start out on a healthy financial path. And yeah! Some of this information is also useful for the rest of us!

GMR 112: Not overpaying payroll taxes

We all have to pay taxes on our earned income, but knowing exactly how much to pay can be complicated. In this episode of Getting Money Right, we break down the IRS W4 Form - Employee's Withholding Certificate to help you ensure you're paying the right amount of tax, and not too much or too little.

GMR 111: Find More Money with Art Rainer

If you’ve listened to Getting Money Right for any length of time you know that we often talk about ways to save money by cutting expenses. But, sometimes that’s just not enough. Sometimes, you just need more money. In this episode we talk with Art Rainer, the author of Find More Money, to learn of the many ways you can earn more and move toward financial freedom. Along the way, you may even find your passion and purpose.

GMR 110: The Financial (Uni)Verse with Harry Stout Part 2

You know everything there is to know about the Marvel Universe, the characters, their superpowers, and every movie, and TV series they’ve played in, but what do you know about your own Financial Universe? In this episode, we continue our conversation with Harry Stout, the author of the Financial Verse, A Common Sense Approach For Your Money. His book, and Harry’s knowledge and experience will help you navigate the different stages of your financial life to ensure your success.

GMR 109: The Financial (Uni)Verse with Harry Stout

You know everything there is to know about the Marvel Universe, the characters, their superpowers, and every movie, and TV series they’ve played in, but what do you know about your own Financial Universe? In this episode of GMR, we talk with Harry Stout, the author of the Financial Verse, A Common Sense Approach For Your Money. This book, and Harry’s knowledge and experience will help you navigate the different stages of your financial life to ensure your success.

GMR 108: Working with Creditors to Pay Off Debt

Even if you find that you're not able to make your minimum payments, you can still achieve your goal of getting out of debt if you take the right steps. In this episode of GMR, we reveal the strategy you can use to gain cooperation from your creditors and move toward being debt-free. From communication to negotiation, we show you how to work with your creditors to pay off your debt.

GMR 107: 4 Options for Debt Repayment

You're ready to tackle your debt. Great! In this episode of Getting Money Right, we'll reveal the four possible financial situations people find themselves in, and provide the four available options that will get you out of debt for good. These options will ensure you eliminate your debt once and for all.

GMR 106: The Right Way to Pay Off Debt

Living with debt has become standard for most Americans today. It's more abnormal to not be in debt than to carry consumer debt. Let's change that! You don't have to live continually being in debt, stressed out, anxious, and fearful of the future. In this episode of GMR, we discuss the process of getting out of debt and provide you with the tools to get started.

GMR 105: Debt free in 2020 - It's TIME!

Are you one of the millions of Americans who each new year commit to getting out of debt? If you're ready, 2020 can be the year you actually become debt-free. In this episode of Getting Money Right, we begin a series on eliminating debt the right way. This series is the most comprehensive process we've ever shared on getting out of debt. We'll provide each step of the journey to ensure you eliminate debt once and for all!

GMR 104: The Best of 2019

2019 has been an excellent year for Getting Money Right! We created 52 episodes loaded with content that many of you have told us has been practical, easy to understand, and invaluable. We are preparing for a content-rich year in 2020, but before we commence with the New Year, we thought it would be great to highlight some of the episodes of 2019, just in case you missed any. These are some of our favorites episodes from 2019!’

GMR 104: Getting Money Right - The Best of 2019

2019 has been an excellent year for Getting Money Right! We created 52 episodes loaded with content that many of you have told us has been practical, easy to understand, and invaluable. We are preparing for a content-rich year in 2020, but before we commence with the New Year, we thought it would be great to highlight some of the episodes of 2019, just in case you missed any. These are some of our favorites episodes from 2019!’

GMR 103: Reigning in Overspending

One truth about personal finances is that there are always more opportunities to spend than there's money to spend. We all have a limited amount of money, and if we are to stay financially safe, we must learn to avoid overspending. In this episode of GMR, we discuss the things that cause us to overspend and provide some helpful tips to keep us from going overboard.

GMR 102: A System for Lifelong Success - Part 2

All of us are searching for a way to achieve happiness and fulfillment. We all desire to do well in every area of our lives. If only there were a system, like the bumper rails in bowling, that would help us avoid the gutters that so often hinder our progress. In this episode of GMR, we continue our conversation with Christopher Missimo, a licensed therapist who has developed a structure to help people have lifelong guidelines for success.

GMR 101: A System for Life-Long Success

All of us are searching for a way to achieve happiness and fulfillment. We all desire to do well in every area of our lives. If only there were a system, like the bumper rails in bowling, that would help us avoid the gutters that so often hinder our progress. In this episode of GMR, we talk with Christopher Missimo, a licensed therapist who has developed a structure to help people have lifelong guidelines for success.

GMR 100: Working Together - The Secret to Financial Success

There's a saying, "behind every great man there's a great woman." And though we would never claim to be great men, we would most certainly say that our wives are great. In this 100th episode of GMR, we've asked our wives, Natalie Sabo and Ashley Thompson to join us and to share their perspective on money, budgeting, and working together with us, hard-headed and quirky as we are, to make personal finances fun and beneficial.

GMR 99: Identifying the Root Causes of Financial Problems Part 2

Every financial decision is, at least in part, an emotional decision. Have you ever spent money on something and later experienced regret? That’s because sometimes, our choices are reactionary, not consciously understood, or controlled. In this episode of GMR, we address the root issues that often cause our financial problems so that you can experience freedom in your finances.

GMR 98: Identifying the Root Causes of Financial Problems

Every financial decision is, at least in part, an emotional decision. Have you ever spent money on something and later experienced regret? That’s because sometimes, our choices are reactionary, not consciously understood, or controlled. In this episode of GMR, we address the root issues that often cause our financial problems so that you can experience freedom in your finances.

GMR 97: Rules of Investing Part 2

The world of investing is shrouded in mystery, full of difficult to understand words and rules. No wonder so many people feel lost, and so few dare to invest. In this episode of GMR, we demystify the rules of investing to give you the foundational knowledge you need to be confident and bold in your investing.

GMR 96: Rules of Investing

The world of investing is shrouded in mystery, full of difficult to understand words and rules. No wonder so many people feel lost, and so few dare to invest. In this episode of GMR, we demystify the rules of investing to give you the foundational knowledge you need to be confident and bold in your investing.

GMR 95: The Best Investment You'll Ever Make

The best and most important investment you can make is in yourself. When you’re operating at your full potential, using your natural talents and skills, the world takes notice, and your impact is felt and seen. In this episode of GMR, we’ll talk about discovering your identity, and what you are created to do, so you can live a richer and more fulfilled life.

GMR 94: Re-Defining Financial Freedom

What does financial freedom mean to you? No doubt, you have your definition of financial freedom, and more than likely, there's a dollar amount associated with it. In this episode of GMR, we'll share our idea of financial freedom and examine the assumption that financial freedom means having a certain amount of money and being able to retire.

GMR 93: Is The News a Good Place to Get Investment Advice?

Investing is quite simple. If you go by historical data, and you invest in the stock market consistently over your working life, you will gain a significant amount of wealth. So why don’t more people follow this model of success? In this episode of GMR, we discuss the investor’s risk tolerance and why following the news will not help you to reach your investment goals.

GMR 92: Four Places to Invest

To build significant wealth, you have to invest. Whether you're trying to be better prepared for the future or grow wealth to make a more substantial impact in the world, without leveraging the power of investing, it's unlikely you'll achieve your goal. In this episode of GMR, we'll examine the four primary areas you should be investing in.