Two life-long friends and money nerds here to talk about personal finance, investing, and building long-term wealth. This podcast is meant to be a place where you can come to grow your financial knowledge, hear different approaches to money, or just hang out for awhile. Together we'll reach financial independence and live a life that we all deserve.
Ever wonder if you are on track for retirement? Today in the neighborhood, Drew and Cavan share how much you should have for retirement for your age.
Welcome neighbors!
Don't want to watch the full episode, skip around to what interests you!
* Episode breakdown ***
0:00 - Intro
0:10 - How much you need to save by career stage
31:57 - Retweet of the Week
37:46 - What’s Going On In The Neighborhood
45:52 - Outro
* Connect with us! ***
Instagram: https://www.instagram.com/neighborhoodmoneypodcast/
Facebook: https://www.facebook.com/neighborhoodmoney
Twitter: https://twitter.com/NMoneyPodcast
The Neighborhood Money Podcast is two friends talking about money on a weekly basis, nothing more. Anything said during the podcast is either Drew or Cavan's opinion and should not be taken as financial advice. This show is for educational and entertainment purposes only.
Everyone has different savings needs which will change multiple times throughout your career. Whether you have one income, duel incomes or are retired - Cavan and Drew will share how much you should have saved to ensure you can make it through those stressful emergencies.
Welcome neighbors!
Don't want to watch the full episode, skip around to what interests you!
* Episode breakdown ***
0:00 - Intro
1:42 - How much you need to save by career stage
26:14 - Retweet of the Week
37:39 - What’s Going On In The Neighborhood
43:19 - Outro
* Connect with us! ***
Instagram: https://www.instagram.com/neighborhoodmoneypodcast/
Facebook: https://www.facebook.com/neighborhoodmoney
Twitter: https://twitter.com/NMoneyPodcast
The Neighborhood Money Podcast is two friends talking about money on a weekly basis, nothing more. Anything said during the podcast is either Drew or Cavan's opinion and should not be taken as financial advice. This show is for educational and entertainment purposes only.
Taxes are never anyones favorite thing, but are you prepared for these taxes that may impact you? If not, Drew and Cavan talk about what the heck is going on and how it may impact your life. Also, they recap their visit to the MN State Fair.
Welcome neighbors!
Don't want to watch the full episode, skip around to what interests you!
* Episode breakdown ***
0:00 - Intro
0:43 - Be PREPARED for these TAXES
26:13 - Retweet of the Week
34:15 - What’s Going On In The Neighborhood
45:18 - Outro
* Connect with us! ***
Instagram: https://www.instagram.com/neighborhoodmoneypodcast/
Facebook: https://www.facebook.com/neighborhoodmoney
Twitter: https://twitter.com/NMoneyPodcast
The Neighborhood Money Podcast is two friends talking about money on a weekly basis, nothing more. Anything said during the podcast is either Drew or Cavan's opinion and should not be taken as financial advice. This show is for educational and entertainment purposes only.
Ever wonder how much you should actually be saving per paycheck? Cavan and Drew break it down in this week’s episode.
Welcome neighbors!
Don't want to watch the full episode, skip around to what interests you!
* Episode breakdown ***
0:00 - Intro
0:13 - How Much You Should Be Saving
20:50 - Retweet of the Week
32:59 - What’s Going On In The Neighborhood
40:29 - Outro
* Connect with us! ***
Instagram: https://www.instagram.com/neighborhoodmoneypodcast/
Facebook: https://www.facebook.com/neighborhoodmoney
Twitter: https://twitter.com/NMoneyPodcast
The Neighborhood Money Podcast is two friends talking about money on a weekly basis, nothing more. Anything said during the podcast is either Drew or Cavan's opinion and should not be taken as financial advice. This show is for educational and entertainment purposes only.
Student loans are scheduled to resume…but are you ready to start paying them back? Cavan and Drew discuss the current state of student loans and give you some tips on how you can get them out of your life for forever!
Welcome neighbors!
Don't want to watch the full episode, skip around to what interests you!
* Episode breakdown ***
0:00 - Intro
0:19 - Student Loan Crisis
31:21 - Retweet of the Week
49:16 - What’s Going On In The Neighborhood
59:23 - Outro
* Connect with us! ***
Instagram: https://www.instagram.com/neighborhoodmoneypodcast/
Facebook: https://www.facebook.com/neighborhoodmoney
Twitter: https://twitter.com/NMoneyPodcast
The Neighborhood Money Podcast is two friends talking about money on a weekly basis, nothing more. Anything said during the podcast is either Drew or Cavan's opinion and should not be taken as financial advice. This show is for educational and entertainment purposes only.
Drew and Cavan talk about the new inflation reduction bill..if you can call it that..and where you might be able to find some winners and losers in the stock market.
Welcome neighbors!
Don't want to watch the full episode, skip around to what interests you!
* Episode breakdown ***
0:00 - Intro
2:29 - Biden’s Inflation Reduction Act
43:30 - Retweet of the Week
51:51 - What’s Going On In The Neighborhood
59:27 - Outro
* Connect with us! ***
Instagram: https://www.instagram.com/neighborhoodmoneypodcast/
Facebook: https://www.facebook.com/neighborhoodmoney
Twitter: https://twitter.com/NMoneyPodcast
The Neighborhood Money Podcast is two friends talking about money on a weekly basis, nothing more. Anything said during the podcast is either Drew or Cavan's opinion and should not be taken as financial advice. This show is for educational and entertainment purposes only.
Retirement may be a far ways down the line, but that doesn’t mean you shouldn’t start right now. Investing for your retirement can seem scary, but it doesn’t have to be. Cavan and Drew talk about how to save and invest for retirement, as well as one unconventional idea that you may want to consider.
Welcome neighbors!
Don't want to watch the full episode, skip around to what interests you!
* Episode breakdown ***
0:00 - Intro
1:54 - All things retirement
50:12 - Retweet of the Week
56:04 - What’s Going On In The Neighborhood
62:37 - Outro
* Connect with us! ***
Instagram: https://www.instagram.com/neighborhoodmoneypodcast/
Facebook: https://www.facebook.com/neighborhoodmoney
Twitter: https://twitter.com/NMoneyPodcast
The Neighborhood Money Podcast is two friends talking about money on a weekly basis, nothing more. Anything said during the podcast is either Drew or Cavan's opinion and should not be taken as financial advice. This show is for educational and entertainment purposes only.
Thank you all for joining us this past year in the neighborhood! To celebrate, Cavan and Drew talk about the good, the bad and the ugly of the podcast’s first year over their beer of choice (or at least over whatever beer is available). Listen in to hear more of where the podcast is heading into year two. There is a lot to look forward to this year and we are so excited that you are here.
Cheers! Welcome neighbors!
Don't want to watch the full episode, skip around to what interests you!
* Episode breakdown ***
0:00 - Intro
0:16 - One Year Episode Celebration
44:52 - Retweet of the Week
48:09 - What’s Going On In The Neighborhood
57:23 - Outro
* Connect with us! ***
Instagram: https://www.instagram.com/neighborhoodmoneypodcast/
Facebook: https://www.facebook.com/neighborhoodmoney
Twitter: https://twitter.com/NMoneyPodcast
The Neighborhood Money Podcast is two friends talking about money on a weekly basis, nothing more. Anything said during the podcast is either Drew or Cavan's opinion and should not be taken as financial advice. This show is for educational and entertainment purposes only.
Ever wonder what makes Bitcoin possible? Well this week Cavan and Drew talk all about the underlying mechanism that makes Bitcoin operate…proof of work. Be sure to stick around to the retweet of the week as Drew’s mind gets blown!
Welcome neighbors!
Don't want to watch the full episode, skip around to what interests you!
* Episode breakdown ***
0:00 - Intro
6:50 - Proof of Work Explained
41:58 - Retweet of the Week
50:18 - What’s Going On In The Neighborhood
59:20 - Outro
* Connect with us! ***
Instagram: https://www.instagram.com/neighborhoodmoneypodcast/
Facebook: https://www.facebook.com/neighborhoodmoney
Twitter: https://twitter.com/NMoneyPodcast
The Neighborhood Money Podcast is two friends talking about money on a weekly basis, nothing more. Anything said during the podcast is either Drew or Cavan's opinion and should not be taken as financial advice. This show is for educational and entertainment purposes only.
Cash, credit cards and…installment loans? There is a new kid in town, but should you use it? Buy now, pay later payment methods can be useful, but should you consider it? Drew and Cavan talk about what is Buy Now, Pay Later, and should you use it.
Welcome neighbors!
Don't want to watch the full episode, skip around to what interests you!
* Episode breakdown ***
0:00 - Intro
2:12 - Buy Now, Pay Later
17:23 - Retweet of the Week
21:21 - What’s Going On In The Neighborhood
24:28 - Outro
* Connect with us! ***
Instagram: https://www.instagram.com/neighborhoodmoneypodcast/
Facebook: https://www.facebook.com/neighborhoodmoney
Twitter: https://twitter.com/NMoneyPodcast
The Neighborhood Money Podcast is two friends talking about money on a weekly basis, nothing more. Anything said during the podcast is either Drew or Cavan's opinion and should not be taken as financial advice. This show is for educational and entertainment purposes only.
Are you ready to take advantage of the hot labor market? Well there is chatter that the labor market may be cooling down. Listen in to today’s episode where Cavan and Drew talk all about the labor market. They also share 5 tips to help you land the lob and get a higher income! Also, stick around to hear the new Neighborhood Money segment “Retweet of the Week.”
Welcome neighbors!
Don't want to watch the full episode, skip around to what interests you!
* Episode breakdown ***
0:00 - Intro
3:13 - Hot Labor Market Explained
14:42 - Tips on landing a new job and increasing your income
32:39 - Retweet of the Week
36:58 - What’s Going On In The Neighborhood
46:00 - Outro
* Connect with us! ***
Instagram: https://www.instagram.com/neighborhoodmoneypodcast/
Facebook: https://www.facebook.com/neighborhoodmoney
Twitter: https://twitter.com/NMoneyPodcast
The Neighborhood Money Podcast is two friends talking about money on a weekly basis, nothing more. Anything said during the podcast is either Drew or Cavan's opinion and should not be taken as financial advice. This show is for educational and entertainment purposes only.
People often say “I wish we would have learned this in school.” Well you are in luck! Today Cavan and Drew talk about what personal finance topics they wished would have been taught during school. Whether you are in high school, college or out in the work force, there is something here for everyone!
Welcome neighbors!
Don't want to watch the full episode, skip around to what interests you!
* Episode breakdown ***
0:00 - Intro
2:47 - What we wished we learned in school
37:29 - What’s Going On In The Neighborhood
47:08 - Outro
* Connect with us! ***
Instagram: https://www.instagram.com/neighborhoodmoneypodcast/
Facebook: https://www.facebook.com/neighborhoodmoney
Twitter: https://twitter.com/NMoneyPodcast
The Neighborhood Money Podcast is two friends talking about money on a weekly basis, nothing more. Anything said during the podcast is either Drew or Cavan's opinion and should not be taken as financial advice. This show is for educational and entertainment purposes only.
Drew and Cavan mix it up this week and just record a casual conversation on the current state of inflation and the economy. They dive into how we got to where we are, what you can do, and the difference between soft and hard monies.
Welcome neighbors!
Read The Bitcoin Standard Here:
https://amzn.to/3QT6EXm
Our Reading Recommendations:
Cavan: The Little Book of Common Sense Investing
https://amzn.to/3w0rQkP
Drew: Rich Dad Poor Dad
https://amzn.to/3MKCa7b
Don't want to watch the full episode, skip around to what interests you!
* Episode breakdown ***
0:00 - Intro
2:04 - Inflation and the economy
44:01 - What’s Going On In The Neighborhood
52:31 - Outro
* Connect with us! ***
Instagram: https://www.instagram.com/neighborhoodmoneypodcast/
Facebook: https://www.facebook.com/neighborhoodmoney
Twitter: https://twitter.com/NMoneyPodcast
The Neighborhood Money Podcast is two friends talking about money on a weekly basis, nothing more. Anything said during the podcast is either Drew or Cavan's opinion and should not be taken as financial advice. This show is for educational and entertainment purposes only.
It looks like the economy is heading into a recession. So what should you do? Drew and Cavan explain exactly what is a recession and some thoughts on what you can do to best weather the storm.
Welcome neighbors!
Our Reading Recommendations:
Cavan: The Little Book of Common Sense Investing
https://amzn.to/3w0rQkP
Drew: Rich Dad Poor Dad
https://amzn.to/3MKCa7b
Don't want to watch the full episode, skip around to what interests you!
* Episode breakdown ***
0:00 - Intro
3:16 - What is a recession?
7:07 - What should you do during a recession
15:49 - How to invest during a recession
30:50 - What’s Going On In The Neighborhood
45:05 - Outro
* Connect with us! ***
Instagram: https://www.instagram.com/neighborhoodmoneypodcast/
Facebook: https://www.facebook.com/neighborhoodmoney
Twitter: https://twitter.com/NMoneyPodcast
The Neighborhood Money Podcast is two friends talking about money on a weekly basis, nothing more. Anything said during the podcast is either Drew or Cavan's opinion and should not be taken as financial advice. This show is for educational and entertainment purposes only.
These 7 crazy personal finance statistics are jaw dropping! Cavan and Drew weigh in on what you can do if you fall into one of these situations. From budgeting to emergency funds to retirement savings,…everything is captured here.
Welcome neighbors!
Our Reading Recommendations:
Cavan: The Little Book of Common Sense Investing
https://amzn.to/3w0rQkP
Drew: Rich Dad Poor Dad
https://amzn.to/3MKCa7b
Don't want to watch the full episode, skip around to what interests you!
* Episode breakdown ***
0:00 - Intro
2:30 - Crazy personal finance stats
47:13 - What’s going on in the neighborhood
59:58 - Outro
* Connect with us! ***
Instagram: https://www.instagram.com/neighborhoodmoneypodcast/
Facebook: https://www.facebook.com/neighborhoodmoney
Twitter: https://twitter.com/NMoneyPodcast
The Neighborhood Money Podcast is two friends talking about money on a weekly basis, nothing more. Anything said during the podcast is either Drew or Cavan's opinion and should not be taken as financial advice. This show is for educational and entertainment purposes only.
Scams are everywhere - especially in the investment world. In this episode, Drew and Cavan talk about identifying the warning signs of a scam, common investment scams that exist, and how you can avoid them.
Welcome neighbors!
Our Reading Recommendations:
Cavan: The Little Book of Common Sense Investing
https://amzn.to/3w0rQkP
Drew: Rich Dad Poor Dad
https://amzn.to/3MKCa7b
Don't want to watch the full episode, skip around to what interests you!
* Episode breakdown ***
0:00 - Intro
3:12 - Warning signs of a scam
20:33 - Common investment scams to avoid
52:32 - How to avoid a scam
56:25 - What’s going on in the neighborhood
65:42 - Outro
* Connect with us! ***
Instagram: https://www.instagram.com/neighborhoodmoneypodcast/
Facebook: https://www.facebook.com/neighborhoodmoney
Twitter: https://twitter.com/NMoneyPodcast
The Neighborhood Money Podcast is two friends talking about money on a weekly basis, nothing more. Anything said during the podcast is either Drew or Cavan's opinion and should not be taken as financial advice. This show is for educational and entertainment purposes only.
Millennials meet Generation Z to talk all things money. James Bowman from Gen-z Mon-e joins us to discuss real estate investing, student loans and much much more. Whether you are part of Generation Z or not, you won’t want to miss out on this one!
Welcome neighbors!
Our Reading Recommendations:
Cavan: The Little Book of Common Sense Investing
https://amzn.to/3w0rQkP
Drew: Rich Dad Poor Dad
https://amzn.to/3MKCa7b
Don't want to watch the full episode, skip around to what interests you!
* Episode breakdown ***
0:00 - Intro
3:08 - James Bowman from Gen-z Mon-e
4:20 - Jame’s “ah-ha!” moment
7:42 - Investing in real estate
15:25 - Student loans and TicTok
21:22 - Gen Z money habits and staying accountable
30:23 - Gen-z Mon-e
36:59 - Key takeaways
40:46 - What’s going on in the neighborhood
43:23 - Outro
* Connect with us! ***
Instagram: https://www.instagram.com/neighborhoodmoneypodcast/
Facebook: https://www.facebook.com/neighborhoodmoney
Twitter: https://twitter.com/NMoneyPodcast
The Neighborhood Money Podcast is two friends talking about money on a weekly basis, nothing more. Anything said during the podcast is either Drew or Cavan's opinion and should not be taken as financial advice. This show is for educational and entertainment purposes only.
Looking to buy a house in 2022?
In this video, Cavan and Drew will explore the current market conditions and give you our take on whether now is a good time to buy a house. We'll also look at some of the factors you need to consider before making such an important purchase.
Welcome neighbors!
Our Reading Recommendations:
Cavan: The Little Book of Common Sense Investing
https://amzn.to/3w0rQkP
Drew: Drew: How to Win Friends & Influence People
By: Dale Carnegie
https://amzn.to/3yeJ80m
Don't want to watch the full episode, skip around to what interests you!
* Episode breakdown ***
0:00 - Intro
2:46 - Fundamentals of home buying
15:21 - Current state of the housing market
29:34 - Should you buy a house in 2022?
39:38 - What’s Going On In The Neighborhood
47:11 - Outro
* Connect with us! ***
Instagram: https://www.instagram.com/neighborhoodmoneypodcast/
Facebook: https://www.facebook.com/neighborhoodmoney
Twitter: https://twitter.com/NMoneyPodcast
The Neighborhood Money Podcast is two friends talking about money on a weekly basis, nothing more. Anything said during the podcast is either Drew or Cavan's opinion and should not be taken as financial advice. This show is for educational and entertainment purposes only.
Stocks are down, bitcoins down, inflations high…are we all doomed?? Drew and Cavan talk about the current state of the market - why we are where we are and what you can do to help protect yourself. Cavan and Drew each share their strategy as they manage through the current environment.
Welcome neighbors!
Our Reading Recommendations:
Cavan: The Little Book of Common Sense Investing
https://amzn.to/3w0rQkP
Drew: Rich Dad Poor Dad
https://amzn.to/3MKCa7b
Don't want to watch the full episode, skip around to what interests you!
* Episode breakdown ***
0:00 - Intro
1:53 - What is going on in the market?!
9:20 - What can you do to protect yourself?
19:00 - What Drew and Cavan are doing
23:02 - What’s Going On In The Neighborhood
32:39 - Outro
* Connect with us! ***
Instagram: https://www.instagram.com/neighborhoodmoneypodcast/
Facebook: https://www.facebook.com/neighborhoodmoney
Twitter: https://twitter.com/NMoneyPodcast
The Neighborhood Money Podcast is two friends talking about money on a weekly basis, nothing more. Anything said during the podcast is either Drew or Cavan's opinion and should not be taken as financial advice. This show is for educational and entertainment purposes only.
Drew and Cavan take on the task of debunking these common money myths: CPI represents the true inflation, budgeting means no fun, all debt is BAD, don’t take extra money to avoid a higher tax bracket, and I’m young so I have plenty of time to save for retirement. Oh…plus we have a bonus myth you’ll want to stick around to listen to!
Welcome neighbors!
Our Reading Recommendations:
Cavan: The Little Book of Common Sense Investing
https://amzn.to/3w0rQkP
Drew: Rich Dad Poor Dad
https://amzn.to/3MKCa7b
Don't want to watch the full episode, skip around to what interests you!
* Episode breakdown ***
0:00 - Intro
1:02 - A special Neighborhood Money announcement!
5:17 - Using CPI
10:33 - A budget means having no fun
14:52 - There is NO good debt
18:42 - Avoid pay that increases your tax bracket
23:15 - I’m young, I have plenty of time to save for retirement
27:57 - A bonus myth DEBUNKED!
33:41 - Key Takeaways
36:02 - What’s Going On In The Neighborhood
42:12 - Outro
* Connect with us! ***
Instagram: https://www.instagram.com/neighborhoodmoneypodcast/
Facebook: https://www.facebook.com/neighborhoodmoney
Twitter: https://twitter.com/NMoneyPodcast
The Neighborhood Money Podcast is two friends talking about money on a weekly basis, nothing more. Anything said during the podcast is either Drew or Cavan's opinion and should not be taken as financial advice. This show is for educational and entertainment purposes only.
The current state of the economy is terrible for savers…high inflation coupled with low rates. Drew and Cavan talk about the current state of the economy and give their thoughts on what you could do if you consider yourself a conservative saver.
Welcome neighbors!
Article:
https://www.washingtonpost.com/business/sorry-savers-banks-dont-want-your-money/2022/04/23/76885d7e-c305-11ec-b5df-1fba61a66c75_story.html
Don't want to watch the full episode, skip around to what interests you!
* Episode breakdown ***
0:00 - Intro
2:13 - Sorry Savers, Banks Don’t Want Your Money
4:47 - How bank interest, CDs and money markets work
8:37 -What this means for the average saver
12:48 - 4 options to beat the banks
13:10 - Index Funds
15:54 - REITs
18:55 - iBonds
20:58 - Crypto / Bitcoin
23:03 - Key Takeaways
28:13 - What’s Going On In The Neighborhood
37:58 - Outro
Our Recommendations:
Cavan: The Little Book of Common Sense Investing
https://amzn.to/3w0rQkP
Drew: Rich Dad Poor Dad
https://amzn.to/3MKCa7b
* Connect with us! ***
Instagram: https://www.instagram.com/neighborhoodmoneypodcast/
Facebook: https://www.facebook.com/neighborhoodmoney
Twitter: https://twitter.com/NMoneyPodcast
The Neighborhood Money Podcast is two friends talking about money on a weekly basis, nothing more. Anything said during the podcast is either Drew or Cavan's opinion and should not be taken as financial advice. This show is for educational and entertainment purposes only.
Investing in real estate can be overwhelming, let alone expensive! Well you’re in luck…Craig Cecilio, CEO of DiversyFund, joins us this week to talk all about how the average everyday investor can now get access to commercial real estate. Lots to unpack here. Enjoy!
Welcome neighbors!
DiversyFund:
https://diversyfund.com/
Don't want to watch the full episode, skip around to what interests you!
* Episode breakdown ***
0:00 - Intro
2:10 - Craig Cecilio
2:46 - The man behind the company
6:58 - What is crowdfunding
8:24 - Getting started with as little as $500
15:40 - DiversyFund
33:03 - Craig’s financial vice
35:52 - What’s Going On In Craig’s Neighborhood
39:17 - Key Takeaways
42:59 - What’s Going On In The Neighborhood
48:45 - Outro
* Connect with us! ***
Instagram: https://www.instagram.com/neighborhoodmoneypodcast/
Facebook: https://www.facebook.com/neighborhoodmoney
Twitter: https://twitter.com/NMoneyPodcast
The Neighborhood Money Podcast is two friends talking about money on a weekly basis, nothing more. Anything said during the podcast is either Drew or Cavan's opinion and should not be taken as financial advice. This show is for educational and entertainment purposes only.
Will Bitcoin be worth one million per coin by 2030? Drew and Cavan talk about what Bitcoin is, what needs to happen for mass adoption of Bitcoin and recap some highlights from the 2022 Bitcoin Conference. They both share how they each buy Bitcoin in this week's What's Going On In The Neighborhood.
Welcome neighbors!
Don't want to watch the full episode, skip around to what interests you!
* Episode breakdown ***
0:00 - Intro
5:46 - What is Bitcoin?
8:41 - Decentralization
15:59 - What needs to happen for Bitcoin to hit $1 Million
23:43 - Bitcoin as a payment system
34:43 - Key Takeaways
44:40 - How to buy Bitcoin
56:15 - Outro
* Connect with us! ***
Instagram: https://www.instagram.com/neighborhoodmoneypodcast/
Facebook: https://www.facebook.com/neighborhoodmoney
Twitter: https://twitter.com/NMoneyPodcast
The Neighborhood Money Podcast is two friends talking about money on a weekly basis, nothing more. Anything said during the podcast is either Drew or Cavan's opinion and should not be taken as financial advice. This show is for educational and entertainment purposes only.
Brian Luebben drops by the neighborhood this week to talk all about creating your life’s vision, achieving financial independence and focusing on doing things in your life that are “light.” Be sure to stick around for our weekly Money Minute where Cavan explains what term insurance is and how much you may need.
Welcome neighbors!
The Action Academy Podcast:
https://www.actionacademypod.com/
Apple Podcasts:
https://podcasts.apple.com/us/podcast/the-action-academy-millionaire-advice-on-investing/id1588326291
Instagram:
https://www.instagram.com/actionacademypodcast/
Don't want to watch the full episode, skip around to what interests you!
* Episode breakdown ***
0:00 - Intro
2:14 - Brian Luebben everyone!
12:08 - House hacking
17:50 - Accelerating your goals
20:01 - Being a “do’er”
22:52 - Light vs heavy work
25:03 - Action Academy Podcast
29:30 - Brian’s financial vice
32:45 - What’s Going On In Brian’s Neighborhood
34:37 - Key Takeaways
37:46 - Money Minute
38:47 - What’s Going On In The Neighborhood
42:27 - Outro
* Connect with us! ***
Instagram: https://www.instagram.com/neighborhoodmoneypodcast/
Facebook: https://www.facebook.com/neighborhoodmoney
Twitter: https://twitter.com/NMoneyPodcast
The Neighborhood Money Podcast is two friends talking about money on a weekly basis, nothing more. Anything said during the podcast is either Drew or Cavan's opinion and should not be taken as financial advice. This show is for educational and entertainment purposes only.
Every year we have to sweep out the dust from the garage, rake up the leftover leaves and prep our lawns and gardens for the spring and summer ahead. But one area in your life that could use some “cleaning” this spring is your finances. Drew and Cavan share 3 ways that you can clean up your finances this spring. Tidying up your taxes, decluttering your debt and grooming your summer budget are all discussed in this week’s episode. Also, Drew and Cavan have a couple more ways to clean up your finances, so tune in!
Welcome neighbors!
Original article by Sri Taylor:
https://www.cnbc.com/select/spring-cleaning-finances/
Don't want to watch the full episode, skip around to what interests you!
* Episode breakdown ***
0:00 - Intro
1:42 - 1. Tidy up your taxes
7:19 - 2. Declutter your debt
13:00 - 3. Groom your summer budget
16:49 - Bonus cleaning tips
23:32 - Money Minute
24:30 - What’s Going On In The Neighborhood
28:47 - Outro
* Connect with us! ***
Instagram: https://www.instagram.com/neighborhoodmoneypodcast/
Facebook: https://www.facebook.com/neighborhoodmoney
Twitter: https://twitter.com/NMoneyPodcast
The Neighborhood Money Podcast is two friends talking about money on a weekly basis, nothing more. Anything said during the podcast is either Drew or Cavan's opinion and should not be taken as financial advice. This show is for educational and entertainment purposes only.
Are you interested in taking control of your own financial journey but don’t know where to start? Cavan and Drew walk through the six steps to get you started on your own financial journey. Also, they share some of their experiences as they travel along each of their own paths.
Welcome neighbors!
Don't want to watch the full episode, skip around to what interests you!
* Episode breakdown ***
0:00 - Intro
2:41 - What’s your spark
5:59 - 1. Finding your financial situation
10:14 - 2. Where is your money going
15:05 - 3. Figure out your focus and financial goals
20:27 - 4. Create a plan to reach your financial goals
28:12 - 5. Revisit your goals frequenty
30:39 - 6. Be a life long learner
35:38 - What’s Going On In The Neighborhood
66:04 - Outro
* Connect with us! ***
Instagram: https://www.instagram.com/neighborhoodmoneypodcast/
Facebook: https://www.facebook.com/neighborhoodmoney
Twitter: https://twitter.com/NMoneyPodcast
The Neighborhood Money Podcast is two friends talking about money on a weekly basis, nothing more. Anything said during the podcast is either Drew or Cavan's opinion and should not be taken as financial advice. This show is for educational and entertainment purposes only.
We spend so much time thinking about our financial equity, but compounding and improving your happiness equity is the real key. Tyson Koska from OnTrajectory joins us to talk about how important it is to live in the now. Oh...he also shares with the neighborhood one of the coolest financial planning tools out there. Cavan is mildly obsessed!
Don't forget to stick around to the end of the episode to hear the Money Minute and what's going on in the neighborhood. Drew and Cavan chat about Web3 and some really interesting things coming out of it. Welcome neighbors!
Check out or contact Tyson at:
Email: ty@ontrajectory.com
OnTrajectory: https://www.ontrajectory.com/
Don't want to watch the full episode, skip around to what interests you!
* Episode breakdown ***
0:00 - Intro
4:10 - Tyson Koska from OnTrajectory
14:21 - Transitioning to an investor
21:53 - Compounding your happiness equity
26:27 - OnTrajectory
28:57 - The entrepreneurial journey
38:41 - Who OnTrajectory is for
43:22 - Ty's financial vice
46:43 - What's Going On In Ty's Neighborhood
49:12 - Key takeaways
54:56 - Money Minute
55:58 - What's going on in the neighborhood
66:04 - Outro
* Connect with us! ***
Instagram: https://www.instagram.com/neighborhoodmoneypodcast/
Facebook: https://www.facebook.com/neighborhoodmoney
Twitter: https://twitter.com/NMoneyPodcast
The Neighborhood Money Podcast is two friends talking about money on a weekly basis, nothing more. Anything said during the podcast is either Drew or Cavan's opinion and should not be taken as financial advice. This show is for educational and entertainment purposes only.
Aryeh Sheinbein joins us this week to talk all things sports cards, facing your fears in starting a business and getting started investing. You won't want to miss this one as Aryeh shares how he took selling sports cards to a down payment on his home.
Don't forget to stick around to the end of the episode to hear the Money Minute and what's going on in the neighborhood. Cavan's riding solo this week so he sits down to share some of his thoughts on the current state of the world and what you could do with your money. Welcome neighbors!
Check out Aryeh at:
Instagram: https://www.instagram.com/aryehthebusinessman/?hl=en
Twitter: https://twitter.com/aryehsheinbein
Future Fund Me: https://futurefundme.com/
Don't want to watch the full episode, skip around to what interests you!
* Episode breakdown ***
0:00 - Intro
2:14 - Welcome Aryeh Sheinbein
3:07 - Sports Cards to Down Payment
25:20 - Over coming fear, anxiety and self-doubt
34:46 - How to get started investing
40:25 - Does the 401(K) still make sense?
61:05 - Key Takeaways
64:49 - Money Minute
65:47 - What's Going On In Cavan's Neighborhood
72:56 - Outro
* Connect with us! ***
Instagram: https://www.instagram.com/neighborhoodmoneypodcast/
Facebook: https://www.facebook.com/neighborhoodmoney
Twitter: https://twitter.com/NMoneyPodcast
The Neighborhood Money Podcast is two friends talking about money on a weekly basis, nothing more. Anything said during the podcast is either Drew or Cavan's opinion and should not be taken as financial advice. This show is for educational and entertainment purposes only.
Did you know that there is massive opportunity to make money in the video game industry? Whether it's investing into public companies, building a side hustle around streaming or becoming a professional eSports player, the video gaming industry is a soon to be giant in the financial world. Stop by the neighborhood to hear Cavan and Drew describe what this industry is, how you can invest into it as well as some thoughts on how you can make playing video games your side hustle.
Don't forget to stick around to the end of the episode to hear the Money Minute and what's going on in the neighborhood. Phoebe Buffay and laughing babies?? Welcome neighbors!
Don't want to watch the full episode, skip around to what interests you!
* Episode breakdown ***
0:00 - Intro
2:15 - Video game history
7:26 - Video gaming industry
16:26 - Investing into the video gaming industry
27:33 - How to make money playing video games
32:41 - Key takeaways
34:53 - Money Minute
35:49 - What's going on in the neighborhood
38:41 - Outro
* Connect with us! ***
Instagram: https://www.instagram.com/neighborhoodmoneypodcast/
Facebook: https://www.facebook.com/neighborhoodmoney
Twitter: https://twitter.com/NMoneyPodcast
The Neighborhood Money Podcast is two friends talking about money on a weekly basis, nothing more. Anything said during the podcast is either Drew or Cavan's opinion and should not be taken as financial advice. This show is for educational and entertainment purposes only.
How does your net worth stack up against people your same age? In this video Cavan and Drew will tell you exactly what the median net worth is by age group. If you don't know what your net worth is or how to calculate it? No worries! Drew and Cavan talk about that and more in this week's episode of neighborhood money.
Don't want to watch the full episode, skip around to what interests you!
* Episode breakdown ***
0:00 - Intro
2:10 - What is a net worth?
4:46 - What you can do with your net worth
10:41 - Mean net worth vs median net worth
12:27 - Early adulthood net worth (ages 18 to 39)
15:49 - Middle age net worth (ages 40 to 59)
20:27 - Senior net worth (ages 60 to 69)
23:18 - Using net worth to achieve your financial goals
29:11 - What's going on in the neighborhood
34:18 - Outro
* Connect with us! ***
Instagram: https://www.instagram.com/neighborhoodmoneypodcast/
Facebook: https://www.facebook.com/neighborhoodmoney
Twitter: https://twitter.com/NMoneyPodcast
Drew and Cavan sit down and talk about 10 challenging personal finance questions that everyone needs to answer. Spoiler - even they struggle with some of their answers. One size DOES NOT fit all here! In this weeks Money Minute, Cavan shares a simple rule of thumb that can help you determine how much money you need to save for retirement. Also, stick around to the end of the episode as Drew shares his experience on the slopes and Cavan relives almost ruining his wife's birthday. Welcome neighbor!
Check out the PenFed Credit Union article at:
10 Personal Finance Questions You Need To Answer
https://www.penfed.org/learn/10-personal-finance-questions
Don't want to watch the full episode, skip around to what interests you!
* Episode breakdown ***
0:00 - Intro
2:35 - Is Your Emergency Fund Sufficient?
5:46 - Are You Ever Done Saving?
7:56 - If You Have Children, How Will You Help Fund Their Education?
11:58 - What Would Happen If You Lost Your Job?
17:00 - Have You Planned For Any Expected Changes In Your Living Expenses?
21:34 - What's The Most Reliable Way To Pay Off Debt?
26:29 - How Can You Improve Your Credit Rating?
30:21 - How Much Of My Income Should Go Towards Housing?
34:51 - How Will You Manage Finances With Members Of Your Household?
39:55 - Should You Be Saving For Retirement If You Have Credit Card Debt?
45:56 - Money Minute
46:56 - What’s Going On In The Neighborhood
53:47 - Outro
* Connect with us! ***
Instagram: https://www.instagram.com/neighborhoodmoneypodcast/
Facebook: https://www.facebook.com/neighborhoodmoney
Twitter: https://twitter.com/NMoneyPodcast
Ever wonder what a professional gambler and a financial coach have in common? Well...so did we! Good thing Chris Hanna was passing through the neighborhood this week and was able to tell us all about his journey from counting cards at the blackjack table to becoming a financial coach. Chris's story is nothing short of amazing. Rather than accepting a job on wall street right out of college, he took to the road to become a professional card counter. Listen in to hear more!
Check out Chris at:
Financial Coaching: chrisallenhanna.com
TikTok: tiktok.com/@chrisallenhanna_
Text Chris: 240-630-0568
Don't want to watch the full episode, skip around to what interests you!
* Episode breakdown ***
0:00 - Intro
1:42 - Professional card counter, Chris Hanna
2:46 - Making blackjack a full time job
6:20 - Taking a leap of faith
10:38 - Blackjack as an investment?
13:09 - Staying under the radar
15:25 - Keeping emotions in check
19:45 - Life lessons from blackjack
22:35 - Counting cards to financial coaching
27:10 - The non-traditional budget
40:29 - Chris's financial vice
44:04 - What’s going on in Chris's neighborhood
46:49 - Key takeaways
53:05 - Money Minute
54:07 - What’s Going On In The Neighborhood
57:53 - Outro
* Connect with us! ***
Instagram: https://www.instagram.com/neighborhoodmoneypodcast/
Facebook: https://www.facebook.com/neighborhoodmoney
Twitter: https://twitter.com/NMoneyPodcast
Andy Poster from A Posters View joins us this week to talk about stepping outside of your comfort zone, putting your head down and working hard to achieve your dreams, and creating your own path. Be sure to stick around for this week's Money Minute and Cavan and Drew jump in on the craze...of what? Listen until the end to find out. Welcome to the Neighborhood!
Building a team around you, sticking to your strengths and taking calculated risks are the keys that has allowed Ian Scherber to take Duluth Screen Printing Co. to where it is today. This conversation is packed - from starting a business in a dorm room to spending their Europe trip money on a screen printing press. Be sure to stick around for this week's Money Minute and to hear Drew's and Cavan's thoughts on the current market. Welcome to the Neighborhood!
Check out Ian at:
https://www.instagram.com/duluthscreenprintingco/
https://www.duluthscreenprinting.com/
* Connect with us! ***
Instagram: https://www.instagram.com/neighborhoodmoneypodcast/
Facebook: https://www.facebook.com/neighborhoodmoney
Twitter: https://twitter.com/NMoneyPodcast
Everyone has heard of real estate investing, but have you heard of wholesaling? In today’s episode Cavan and Drew sit down with James Greiner, President and founder of Cornerstone Home Solutions, to hear all about how he got into the real estate industry and his journey into wholesaling. James has been through it all - a $12k scam, almost unable to pay his bills to now running a successful business. Make sure to stick around to learn about compound interest in today’s Money Minute. Oh and don’t forget to listen in on what’s going on in Drew and Cavan’s neighborhoods…baby tattoos and a confession?!
Joining us this week is dietitian and nutrition expert Alaine Keogh from Alaine Keogh Nutrition. Alaine sheds light on so much - how to get over hurdles that you’re faced with when it comes to living a healthier life, how you can reduce or avoid stress eating whether it’s financial stress or other stress, and more! Also, she shares her journey as an entrepreneur, what ultimately got her to take the plunge into starting up her own nutrition business, and how she can help YOU achieve your goals. Make sure to stick around to the end to hear another Money Minute and what’s going on in the neighborhood!
Check out Alaine at:
https://www.instagram.com/alainekeoghnutrition/
https://www.tiktok.com/@alainemetabolicdietitian
Drew and Cavan have their hands full this week as they discuss crypto, the blockchain, NFTs and the Metaverse. Let's call it your point of entry if you are new to this space! Also, listen in to hear what both of them think about the future of all this technology - will we be going to concerts...virtually??
You know what's weird?! That the national animal of Scotland is a unicorn or that competitive art use to be an olympic sport. You know what shouldn't be weird? Talking about money. Mike Krueger from Team Krueger Financial Coaching joins us this week in the neighborhood to talk about his and his family's mission to make talking about money not weird. Listen to his story about how a $2 cup of coffee not only completely changed his life, but the lives of 25 families that Team Krueger have helped to payoff over $400,000 in debt! Also, we are welcoming a new segment to the show this week...Money Minute!
This year for the neighborhood holiday episode, Drew and Cavan share their top moments of 2021. There were A LOT of different topics on the podcast this year, from 401(k)s and Roth IRAs, to HSAs, budgeting, and so much more. Thank YOU for tuning in each and every week! We'll see you next year...in the neighborhood!
Our neighbor Howard Dekkers joins us this week to share his story to financial freedom and the financial freedom plan that got him there. Money mindfulness, budgeting and simplicity are just a couple of things taught at the School of Success. It's never too late to start your wealth building journey.
If your want to learn more about Howard and the School of Success, check out his work over at:
https://howarddekkers.com/
Merry Christmas and Happy Holidays everyone!
To celebrate Neighborhood Money's 20th episode, Cavan and Drew share each of their beginnings in the personal finance space...taking a chance on yourself, getting our of debt, books and much much more!
* Connect with us! ***
Instagram: https://www.instagram.com/neighborhoodmoneypodcast/
Facebook: https://www.facebook.com/neighborhoodmoney
Twitter: https://twitter.com/NMoneyPodcast
UGMAs and UTMAs can be the ultimate gift that keeps on giving for the children in your life. In this episode of Neighborhood Money, Drew and Cavan explain what an UGMA and UTMA are, the pros and cons, and how these custodial accounts can be an excellent gift for your loved ones. Also, find out what the average net worth of an 18 year old is and what famous movie was released on this date in 1964. The hills are alive...with some holiday spirit joining the neighborhood!
How will the Build Back Better bill that just passed through the house impact your wallet if it becomes law? How is it going to be paid for? Listen in to Drew and Cavan discuss 3 different areas where this bill might benefit you. Be sure to stick around to the end where Drew wraps up his home renovation project and Cavan takes a hit to his credit score. Welcome to the neighborhood!
The holidays are upon us, which bring both great memories with family and friends but also added stress to your wallet. In this week's episode of the Neighborhood Money Podcast, Cavan and Drew share their 5 best money tips to avoid excessive spending and letting this year's purchases follow you into next. There is lots to be thankful for in the neighborhood - from family and friends to YOU our neighbor. Wait...how many turkeys are eaten during Thanksgiving every year? Tune in to find out!
Inflation is at a 3 decade high at 6.2% - everything is more expensive than it was a year ago! Drew and Cavan explain what inflation is, how it is impacting your pocketbooks and some ways you can combat the rise in prices. Stick around for our two trivia questions this week and for a VERY special announcement! Sounds like there is a new neighbor moving in.
It can be very difficult to decide what company to choose when looking to open up your first brokerage account. Drew and Cavan discuss each of their journeys. What companies did they start with? What companies do they currently use and why? Make sure to stick around for the trivia answers at the end of the episode, and to hear about a crazy cryptocurrency story. Welcome neighbor!
Health savings accounts (HSA) are a powerful tool to not only pay for medical expenses, but to grow your wealth. Drew and Cavan explain exactly what an HSA is and two strategies that can help you become financially free. Tune in for a new trivia segment, and stick around for some Halloween fun!
Protecting your income for those life events that keep you out of work is necessary - your bills don't stop, so your income shouldn't either! Listen to Cavan and Drew talk about short-term and long-term disability and how you can use both to better protect yourself. Join in the neighborhood chat with Chef Cavan bragging about his steak cooking abilities, and Drew prepping for his world famous tomato sauce. Welcome to the neighborhood!
Saving for your child's college can seem like a daunting task. How much do you need to save? Which type of accounts should you use? Listen in to this week's episode of Neighborhood Money where Cavan and Drew breakdown 6 different accounts you could use to help you pay those high education costs. Also - there may need to be a clean up on aisle baby. Welcome back neighbors!
Renting vs. buying a home is a hard decision for many to make. What are the pros and cons to either approach? What is the 5% rule and how can it be applied to see what decision makes the most sense financially? The old saying "renting is just throwing away your money" may not actually be true. On this weeks episode, Drew and Cavan dive deep into renting vs buying. Also, it's renovation update time and parents night out! Make sure to stick around to the end for our special announcement!
What better way to celebrate our 10th episode and Drew's birthday than to relive the 10 worst money mistakes we've made in our 20's. Hopefully after listening to this episode you'll have a better idea of what NOT to do with your cash and what we would have done differently. Everything's on the table...trading with emotions, massive amounts of student debt, and much. much more! Drew also finds some much needed time in the woods while Cavan get's abandoned at the start line. Welcome to the neighborhood!
Have you thought about starting a side hustle in 2021? Or are planning to in 2022? Here are the best 14 unique side hustles to consider as you are looking for that extra monthly moolah! And who knows...maybe your side hustle will turn into your full hustle! Hear what Drew and Cavan have to say about each one in this week's Neighborhood Money episode.
Low interest rates, excess savings...now may be a good time to consider refinancing your mortgage. But wait...first learn about what refinancing is, why you should consider it, and what are those dang costs that go along side that lower interest rate. Drew and Cavan dive deep into the topic of mortgage refinancing. Also, this weeks question is all about what to do with $25k right before retirement. Anyone up for some apple crisp?! There may be some fresh dessert in the neighborhood.
Credit cards can be scary and costly, but luckily Drew and Cavan are here to chat about 10 credit card mistakes that are neighbors need to avoid! There's also a great question from the neighborhood on how to look at expense ratios in your retirement accounts. You'll want to stick around until the end, because Drew has a little confession to make.
Does car shopping make you feel anxious? Avoid walking away from the dealership with buyers remorse by listening to Drew and Cavan talk all about purchasing a vehicle...where they expose things that the car salesmen WON'T tell you! Also, there is a great question about 401(k)'s from one of our neighbors, and you'll learn more about what type of shows are hot on Drew and Cavan's watch list! Welcome back neighbors!
Join us in discussing how you can effectively strategize for your retirement! Cavan and Drew dive deep into how to create a retirement plan using both Traditional and Roth accounts, how to figure out how much you need to save and some general rules of thumbs that you can use as a benchmark. We also hear from our Farmer Drew on how his garden is holding up!
Neighborhood Money is back to talk about retirement for the second week straight - specifically on Individual Retirement Accounts! What the heck is an IRA? Traditional or Roth what?? Listen in for an in depth conversation on what all this means and how you can use it to set yourself up for a financially free retirement! Oh...and stay tuned to hear all about a kitchen demo and how Murphy's Law has entered the Neighborhood.
Retirement can be both daunting and exciting, depending on who you are! Cavan and Drew talk all about what your retirement income sources are, what is an employer sponsored retirement account and what exactly is a 401(k), 403(b) and a pension. As for what's going on in their neighborhood - a new way to rent a car and a puppy!
It's budget time in the neighborhood! Cavan and Drew talk all two beginner budgets that you can start with, what apps are out there to help you out, and some tips and tricks on how to implement a budget into your life. Don't forget to stay tuned to see what is going on in each of their neighborhoods.
In Neighborhood Money's first episode, Cavan and Drew talk all about what personal finance means to them and walk you through the top 10 personal finance topics you need to familiarize yourself with. Oh..and there's a bonus segment on what's going on it their own "neighborhoods."
Two life-long friends and money nerds here to talk about personal finance, investing, and building long-term wealth. This trailer is an introduction as to what you can expect from this podcast and a chance to get to know a little bit about us. Subscribe to join in on the action! Let's talk money.