Millionaire Starter Club
118 episodes - English - Latest episode: about 2 years ago -Podcast on finance, investing, money, wealth, and taxes.
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Episodes
MSC018 Not All Millionaires Are Born Millionaires
May 01, 2017 18:12When it comes to millionaires, not every millionaire is born a millionaire. For most millionaires, it takes hardwork, time, vision, and discipline. Warren Buffett, Bill Gates, Elon Musk, Sam Walton, and Steve Jobs became millionaires and billionaires by building companies. These companies and successes didn’t necessary happen overnight. It took time, vision, and discipline. With vision, what are you setting out to achieve? Is it building a company? Is it becoming debt f...
MSC017 Kissing a Kia (Car Buying)
April 25, 2017 01:14When it comes to car buying, would you skip the process and “Kiss a Kia” for fifty (50) minutes at a time for fifty (50) hours as part of a radio contest where nineteen other contestants are competing against you. 96.7 KISS radio station in Austin, Texas held the radio contest. Finally after fifty hours, the radio station drew a lucky winner from the seven contestants that remained. The winner was Dilini Jayasuriya. Car buying doesn’t have to be about kissing the car that you want for fi...
MSC016 Getting There
April 18, 2017 00:12Recently, there was an article that discussed people saving money other than using bank accounts. In the article, it stated that only about 40% of the American people had savings to cover an emergency expense over $400. Additionally, the article stated that 65% of the respondents of a survey indicated that while they were saving that they expected to spend their savings within the first twelve months and the 80% of those responding to the survey indicated that they had plan to spend their ...
MSC015 Investing Mistakes
April 11, 2017 01:00A budget is great way to avoid debt or to begin setting up a savings account. Budgets allow you to know what income is coming and where you are allocating your expenses thus lowering the possibility of incurring debt or recurring debt and increasing your savings and retirement accounts. Investing is one way to grow your portfolio and your net worth. In the process of selecting an investment, we try make investments that work towards us meeting our goal. Other times, investments don’t ...
MSC014 Five Money Mistakes
April 04, 2017 00:42Have you ever found yourself trying to figure out how to pay a bill or cover an emergency that has suddenly popped up unexpectedly. It’s nice to know you’re not alone. Money mistakes can happen to anyone. Know that you’re not alone and you can change your lifestyle and family when you avoid the next money mistake. Five Money Mistakes 1. There isn’t a budget Most people don’t prepare any type of budget which can lead to overspending compared to the amount of income that is coming it. Wh...
MSC013 Building Financial Goals
March 28, 2017 01:27In this episode, I discuss building networth through your financial goals. When it comes to money, most of us have one goal. That goal is to make money from our money that we use for investing whether it’s investing in stocks, bonds, mutual funds, saving accounts, options, futures, cars, artwork, coin, stamps, property, businesses, and the endless places you can invest money. When it comes to investing there are two types of investing. There is the trader who trades in and out of the inves...
MSC012 Winning the Debt War
March 21, 2017 01:00When it comes to getting out of debt, it’s not always easy. It’s seems to easier to get into debt than getting out of debt. Besides mortgages, most families and individuals have other debt in the form of credit card, car loans, student loans, and other loans. 1. The first question to ask when it comes to debt is “How much debt do you have?”. Sometimes, this question is a wake up call to realizing just how much debt you have. It’s at this point when you need to ask yourself “How...
MSC011 Millionaire Starter Club Question
March 14, 2017 01:06I had someone recently ask me “What the Millionaire Starter Club was about?”. It seems as through that’s the question people have when I mention the Millionaire Starter Club. It’s about success. My tagline for the Jeff England Show and the Millionaire Starter Club is “Whether it’s money, investing, career, or life, this is the Millionaire Starter Club helping you put yourself on a course to success. In life, people seem to have questions about money, investing, careers, and l...
MSC010 Saving and Investing Options
March 07, 2017 02:47When it comes to saving and investing money, the places to save or invest seem to be infinite when it comes to the risks involved. If you want low risk, then you have the choices of 1. Checking accounts Some checking accounts pay interest depending on your balance. Most checking accounts have a monthly fee. 2. Savings Accounts Savings accounts pay minimum interest 3. Money Markets Money markets are a combination of checking and savings accounting. You can set up a money market at ...
MSC009 Excuses We Give
February 28, 2017 00:33When it comes to any goals, there are always excuses of why a goal shouldn’t be done or why a goal can’t be reach. Think of goals like habits. Creating a habit takes more than one day. It takes more than a week. A habit will usually take about 30 days before it becomes part of your routine. A great resource tool on creating a habit is the book “The Power of Habit” by Charles Duhigg. When it comes to excuses, these are just a few that I have heard. A. You don’t know my family. B. You d...
MSC008 The Secrets of Success
February 14, 2017 02:14Would be millionaires want to know..... 1. How can I get rich? 2. What’s the fastest way I can get rich? 3. What’s the secret? Is there a formula? 4. What investment should I buy? 5. I can just play the lottery and get rich can’t I? There are not a fast way to get rich. Most people who aren’t rich believe that you have to born into a family to become rich. Not true. There are no simple ways to become wealthly. There are many paths you can take to success. What it does take is deter...
MSC007 Research and Know Your Investment
February 07, 2017 02:51So, where do you get news about investments? When it comes to investment news, there are no short lists. It is everywhere. So, where I start. Paid Subscriptions Newspapers 1. Wall Street Journal 2. Investor’s Business Daily 3. USA Today 4. Financial Times Magazines: Kiplinger Money Forbes Barron’s Economist When it comes to investing, you should be careful with magazines since the information is not always current. Television / Internet CNBC (CNBC.com) Bloomberg (Bloomb...
MSC006 Traits of Successful Individuals
January 31, 2017 00:50You have a dream. We all have dreams and goals. It doesn’t matter what the dream is. The question is “Why is it still a dream?” So, do you have an answer. Most people would answer with some of the responses. Fear I don’t have the money It can’t be done. I don’t know where to start. I don’t have time. Our biggest critic is ourselves. Sure, there may be a few friends or family that will tell us that it can’t be done. The truth is that you haven’t tried. So...
MSC005 15 Steps to Realize Your Financial Goals
January 24, 2017 01:50Net Worth In three to six words, it's...... Everything You’ve Accumulated or will Accumulated Cash Investments Property Stuff (toys.....) We’ve talked about income and debt which make up the two componets of net worth. The question now becomes “What is it you want to accomplish?” Well balanced?? Cash, Investments, Property.....all Your previous past doesn’t define you current path. Whatever you did in the past isn’t who you are necessary destined to become. You chose your p...
MSC004 Debt Is Not Normal
January 17, 2017 02:28What’s important in life? Money, Life, or Status Symbols People often equate THINGS they purchase with Net Worth Cars Jobs Houses Boats Jewelry Often, people acquire these THINGS with debt. What debt does? Debt... Erodes Net Worth Erodes Spending / Buying Power Destroys marriages Creates hardships Creates instability People have come to thing of debt as normal in life How much debt do you have? People will compare debts by THINGS they’ve accumulated with debt. It’s s...
MSC003 Income and Net Worth
January 10, 2017 04:31In this episode, I begin discussing income and Net Worth. The outline for this episode is: Understanding Income Money you earn Weekly Bi-weekly Bi-Monthly Monthly Quarterly (Dividends & Interest( From: Wages Retirement Trusts Social Security Disability Dividends & Interest Business / Partnership Loans Income is the top portion of Net worth Statement Net worth is Assets Income (Debts) = Net worth Goal is to have more income than expenses and debt
002 Learning from the Millionaire Mind Chapter 1 and 2
January 03, 2017 04:28In this episode, I discuss what I have learned from the Millionaire Mind Chapter 1 and 2. 1. Set Goals 2. Banks Own Everything 3. Five Foundations of a Millionaire 1. Integrity 2. Discipline 3. Social Skills 4. Supportive Spouse 5. Hardwork 4. Self-made millionaires have courage 5. Look for opportunities 6 . No one gets to the top without help 7. Prove your critics wrong
001 Jeff England Show Millionaire Starter Club
November 18, 2016 04:17In this episode, I discuss in the first episode of what to expect from the Jeff England Show and the Millionaire Starter Club. Life is about having fun. Unfortunately, you have to manage your money; but, that's only the first part of building a foundation of wealth.