Townley's Money Basic$: Recent Episodes
Shawn Townley
Welcome to Townley's Money Basic$. The podcast that will help improve your financial IQ. I want to learn by teaching and build a community around making money fun and less intimidating. Let me know your thoughts. Send your comments to townleytech@gmail.com.
Where do you spend your money? Do you prefer buying stuff or experiences. It may depend on where you are in your life journey! In this episode I discuss the case for stuff and experiences and finally where the balance may lay for you.
Support the show
https://www.buzzsprout.com/1768523/support
Email - townleytech@gmail.com
LinkedIn - @shawntownley
Twitter - @shawntownley
Web - https://shawntownley.com
What comes to mind when you hear the word frugal? Penny pincher? Coupon cutter? It can be way more fun than that! Today I talk about reasons why being frugal can be fun!
Support the show
https://www.buzzsprout.com/1768523/support
Email - townleytech@gmail.com
LinkedIn - @shawntownley
Twitter - @shawntownley
Web - https://shawntownley.com
Want to know a secret about how to stick to your spending plan? In this episode we cover one of the best ways to help you stick to your spending plan without losing your mind!
Support the show
https://www.buzzsprout.com/1768523/support
Email - townleytech@gmail.com
LinkedIn - @shawntownley
Twitter - @shawntownley
Web - https://shawntownley.com
Assets - Liabilities = Net Worth. Why do we care what our net worth is? In this episode we discuss what net worth is and how to figure it out.
Support the show
https://www.buzzsprout.com/1768523/support
Email - townleytech@gmail.com
LinkedIn - @shawntownley
Twitter - @shawntownley
Web - https://shawntownley.com
This IS the first step to your financial freedom! Establishing an emergency fund will start you down the path to peace of mind and as well as building a solid financial foundation. The journey starts here.
Support the show
https://www.buzzsprout.com/1768523/support
Email - townleytech@gmail.com
LinkedIn - @shawntownley
Twitter - @shawntownley
Web - https://shawntownley.com
Bartering, cash, credit cards, debit cards and now digital wallet. The evolution of money continues! In this episode I discuss the pros and cons of each type of money.
Support the show
https://www.buzzsprout.com/1768523/support
Email - townleytech@gmail.com
LinkedIn - @shawntownley
Twitter - @shawntownley
Web - https://shawntownley.com
Remember when talking about money was taboo? Ok maybe it still is, but it should not be! Especially when it comes to your future. Your kids are your future and you owe it to them and yourself to educate them on what you know about money. In this episode I talk about conversation we should be having with our children at different points in their up bringing.
Support the show
https://www.buzzsprout.com/1768523/support
Email - townleytech@gmail.com
LinkedIn - @shawntownley
Twitter - @shawntownley
Web - https://shawntownley.com
Well this is the end. I have enjoyed making this podcast over the past three years. I have learned a lot about money and making podcasts. I hope to return with another series in 2024, but for now I will be taking a break.
Take care.
Support the show
https://www.buzzsprout.com/1768523/support
Email - townleytech@gmail.com
LinkedIn - @shawntownley
Twitter - @shawntownley
Web - https://shawntownley.com
Like it not there are times in life where you need help. Something bigger than yourself. It comes with a price and hopefully you never have to use it, but maybe it will help you sleep better at night. Insurance can be a mixed bag and in this episode I go over some common insurance policies you may need in your financial plan.
Support the show
https://www.buzzsprout.com/1768523/support
Email - townleytech@gmail.com
LinkedIn - @shawntownley
Twitter - @shawntownley
Web - https://shawntownley.com
Now that you are getting your money under control it’s time to understand how banks work. Understanding how banks work is important for where your money sits and also when you need a loan. In this episode I explain a simple breakdown of how banks (and credit unions) work.
Support the show
https://www.buzzsprout.com/1768523/support
Email - townleytech@gmail.com
LinkedIn - @shawntownley
Twitter - @shawntownley
Web - https://shawntownley.com
You have your spending plan in place. You are looking to start investing to build wealth. Where do you go from here? In this episode I discuss options for when you are ready to start building wealth.
Support the show
https://www.buzzsprout.com/1768523/support
Email - townleytech@gmail.com
LinkedIn - @shawntownley
Twitter - @shawntownley
Web - https://shawntownley.com
What is the Stock Market? Why should care to know? In this episode I talk about what a stock market is and why you need to understand how it works.
Support the show
https://www.buzzsprout.com/1768523/support
Email - townleytech@gmail.com
LinkedIn - @shawntownley
Twitter - @shawntownley
Web - https://shawntownley.com
Understanding the world around us is essential to understanding our money. There are many systems to run your economy - Socialism, Communism and Capitalism just to name a few. In this episode I talk about capitalism and how it may impact your personal finances.
Support the show
https://www.buzzsprout.com/1768523/support
Email - townleytech@gmail.com
LinkedIn - @shawntownley
Twitter - @shawntownley
Web - https://shawntownley.com
Bartering, cash, credit cards, debit cards and now digital wallet. The evolution of money continues! In this episode I discuss the pros and cons of each type of money.
Support the show
https://www.buzzsprout.com/1768523/support
Email - townleytech@gmail.com
LinkedIn - @shawntownley
Twitter - @shawntownley
Web - https://shawntownley.com
Imagine a world with no cash. I have to admit that is difficult for me. In this episode I discuss what a cashless society may look like and whether it is coming sooner rather than later.
Support the show
https://www.buzzsprout.com/1768523/support
Email - townleytech@gmail.com
LinkedIn - @shawntownley
Twitter - @shawntownley
Web - https://shawntownley.com
We all want money, but how much do we really need? How much do you need to meet your savings, essential and wants? In this episode I explore a more minimalistic approach to money.
Support the show
https://www.buzzsprout.com/1768523/support
Email - townleytech@gmail.com
LinkedIn - @shawntownley
Twitter - @shawntownley
Web - https://shawntownley.com
It used to be that you had to wait until payday to get paid. It appears that is no longer the case. With Daily Pay you can choose when you collect your hard earned money, but is there a catch? In this episode I explain daily pay and what you need to know to make sure it is right for you.
Support the showhttps://www.buzzsprout.com/1768523/support
Email - townleytech@gmail.com
LinkedIn - @shawntownley
Twitter - @shawntownley
Web - https://shawntownley.com
When you think of college students the word poor sometimes comes to mind. What if it did not have to be that way? In this episode I explore some the ways that you can keep from being a poor college student.
Support the showhttps://www.buzzsprout.com/1768523/support
Email - townleytech@gmail.com
LinkedIn - @shawntownley
Twitter - @shawntownley
Web - https://shawntownley.com
We all want money, but why? You can’t eat money or at least you should not - its nasty! It would be difficult to wear or get shelter from a storm using it. We want what money can afford us. In this episode we start to explore the money why and how we should put the want of money into perspective.
Support the showhttps://www.buzzsprout.com/1768523/support
Email - townleytech@gmail.com
LinkedIn - @shawntownley
Twitter - @shawntownley
Web - https://shawntownley.com
Where do you spend your money? Do you prefer buying stuff or experiences. It may depend on where you are in your life journey! In this episode I discuss the case for stuff and experiences and finally where the balance may lay for you.
Support the showhttps://www.buzzsprout.com/1768523/support
Email - townleytech@gmail.com
LinkedIn - @shawntownley
Twitter - @shawntownley
Web - https://shawntownley.com
There are many tools to help you keep track of your money. The trick is to find the ones you like and will use on a regular basis. In this episode I talk about some of the tools that are available on market.
Support the showhttps://www.buzzsprout.com/1768523/support
Email - townleytech@gmail.com
LinkedIn - @shawntownley
Twitter - @shawntownley
Web - https://shawntownley.com
How do you think about money? Do you think about the why relationship you have with money? In this episode I share my money philosophy.
Support the showhttps://www.buzzsprout.com/1768523/support
Email - townleytech@gmail.com
LinkedIn - @shawntownley
Twitter - @shawntownley
Web - https://shawntownley.com
What does it mean to be middle class? In this episode we break down what is middle class by income, net worth and how education also plays a role.
Support the showhttps://www.buzzsprout.com/1768523/support
Email - townleytech@gmail.com
LinkedIn - @shawntownley
Twitter - @shawntownley
Web - https://shawntownley.com
Are you a saver or a spender? It is ok to be both. We just need to find the right balance. In this episode I make the case for saving and spending. I also throw in some ideas on how to achieve that balance.
Support the showhttps://www.buzzsprout.com/1768523/support
Email - townleytech@gmail.com
LinkedIn - @shawntownley
Twitter - @shawntownley
Web - https://shawntownley.com
What would you do if you had total control of your time for the rest of your life? Do you have a perfect day in mind? Maybe FIRE (Financially Independent Retire Early) can work for you. In this episode I give an overview a what it takes to have total control over your time.
Support the showhttps://www.buzzsprout.com/1768523/support
Email - townleytech@gmail.com
LinkedIn - @shawntownley
Twitter - @shawntownley
Web - https://shawntownley.com
What comes to mind when you hear the word frugal? Penny pincher? Coupon cutter? It can be way more fun than that! Today I talk about reasons why being frugal can be fun!
Support the showhttps://www.buzzsprout.com/1768523/support
Email - townleytech@gmail.com
LinkedIn - @shawntownley
Twitter - @shawntownley
Web - https://shawntownley.com
Do you know your credit score? In this episode I talk about why your credit score is important and how you can keep it in good shape.
Email - townleytech@gmail.com
LinkedIn - @shawntownley
Twitter - @shawntownley
Web - https://shawntownley.com
Cash is king right?!? There are times where that is still the case, but maybe not is not as powerful as it once was. When should you carry cash and when is it no longer appropriate? In this episode I talk about when and why you may want to use cash.
Email - townleytech@gmail.com
LinkedIn - @shawntownley
Twitter - @shawntownley
Web - https://shawntownley.com
Need some extra cash? Side hustle. Want to build your emergency fund fund? Side hustle. You guessed it the side hustle is very important to making your money situation successful. Take a few minutes to hear me explain how side hustles can help you.
Email - townleytech@gmail.com
LinkedIn - @shawntownley
Twitter - @shawntownley
Web - https://shawntownley.com
Bankruptcy. It’s not fun. Hopefully you will not ever have to declare that you are bankrupt. in this episode I talk about bankruptcy and ways that hopefully you can avoid it.
Email - townleytech@gmail.com
LinkedIn - @shawntownley
Twitter - @shawntownley
Web - https://shawntownley.com
Student loans can be helpful, but are they necessary? In this episode I talk about student loans and ways to possibly avoid them.
Email - townleytech@gmail.com
LinkedIn - @shawntownley
Twitter - @shawntownley
Web - https://shawntownley.com
Remember when talking about money was taboo? Ok maybe it still is, but it should not be! Especially when it comes to your future. Your kids are your future and you owe it to them and yourself to educate them on what you know about money. In this episode I talk about conversation we should be having with our children at different points in their up bringing.
Email - townleytech@gmail.com
LinkedIn - @shawntownley
Twitter - @shawntownley
Web - https://shawntownley.com
So you have all your money categories situated - Savings, Essentials and Wants, but there is still more money! What to do with your extra cash? How about investing it! In this episode I give an overview about investing your money.
Email - townleytech@gmail.com
LinkedIn - @shawntownley
Twitter - @shawntownley
Web - https://shawntownley.com
You have all your ducks in a row ;-) Now its time to talk to a Financial Advisor! What is a Financial Advisor? Let’s find out!
Email - townleytech@gmail.com
LinkedIn - @shawntownley
Twitter - @shawntownley
Web - https://shawntownley.com
It is no fun! Identity theft can be very expensive and time consuming. Hopefully you will never have to go through it, but if you do there are ways to help protect yourself and your credit. In this episode we I talk about what identity theft is, how it happens and how you can avoid it.
Email - townleytech@gmail.com
LinkedIn - @shawntownley
Twitter - @shawntownley
Web - https://shawntownley.com
Insurance is legalized gambling. What you bet on is up to you! In this episode we take a high level look at common insurances that we need in our financial life.
Email - townleytech@gmail.com
LinkedIn - @shawntownley
Twitter - @shawntownley
Web - https://shawntownley.com
Once you have your spending plan in place it is time for cash flow automation. Automating cash flow will help you systematically get you closer to financial independence!
Email - townleytech@gmail.com
LinkedIn - @shawntownley
Twitter - @shawntownley
Web - https://shawntownley.com
How many subscriptions do you have? How many have you forgotten that you had? Maybe it is time to review what subscriptions you have.
Email - townleytech@gmail.com
LinkedIn - @shawntownley
Twitter - @shawntownley
Web - https://shawntownley.com
How do you know how you are doing when it comes to money? One way is to figure out your net worth. In this episode I discuss ways to figure out what your money scorecard looks like.
Email - townleytech@gmail.com
LinkedIn - @shawntownley
Twitter - @shawntownley
Web - https://shawntownley.com
Want to know a secret about how to stick to your spending plan? In this episode we cover one of the best ways to help you stick to your spending plan without losing your mind!
Email - townleytech@gmail.com
LinkedIn - @shawntownley
Twitter - @shawntownley
Web - https://shawntownley.com
Everyone likes to be given credit, but should you use it? In this episode we talk about what credit is and when we should use it to meet our financial goals.
Email - townleytech@gmail.com
LinkedIn - @shawntownley
Twitter - @shawntownley
Web - https://shawntownley.com
Is all debt bad? Maybe. In this episode we talk about what debt is and how it possibly can be good or bad.
Email - townleytech@gmail.com
LinkedIn - @shawntownley
Twitter - @shawntownley
Web - https://shawntownley.com
After building an emergency fund, taking care of retirement and saving for college it’s time to BUILD WEALTH! This is part of our 20% savings in our spending plan. In this episode we talk about when to invest and when not to invest.
Email - townleytech@gmail.com
LinkedIn - @shawntownley
Twitter - @shawntownley
Web - https://shawntownley.com
As part of our 20% savings, emergency fund and then retirement are the first two cups to fill. If you or a family member are interested in higher education then this is the next place to put your savings. In this episode we talk about what to do if higher education is in your future plans.
Email - townleytech@gmail.com
LinkedIn - @shawntownley
Twitter - @shawntownley
Web - https://shawntownley.com
Once you have your emergency fund established you need to start thinking about the long view. Investing in your retirement is essential because time may not be on your side. Having money later in life when you are no longer in your prime earning years is paramount to your financial success! Let’s challenge what retirement means! We may find that retirement means something different to you than it does to me.
Email - townleytech@gmail.com
LinkedIn - @shawntownley
Twitter - @shawntownley
Web - https://shawntownley.com
This IS the first step to your financial freedom! Establishing an emergency fund will start you down the path to peace of mind and as well as building a solid financial foundation. The journey starts here.
Email - townleytech@gmail.com
LinkedIn - @shawntownley
Twitter - @shawntownley
Web - https://shawntownley.com
If you only have time to listen to one episode - this is the one! Savings is the secret for building financial stability and ultimately growing your wealth. Spend less than you make and put the rest to work for you! In this episode we talk about what savings is and how to get started.
Email - townleytech@gmail.com
LinkedIn - @shawntownley
Twitter - @shawntownley
Web - https://shawntownley.com
Cash flow is how money comes into and out of your life. A spending plan takes that next step to helping you make money work for you! Simply observing the world around you will not make you financially independent, but we can solve that problem with our spending plan. In this episode we learn how to go from observing to start molding our financial future.
Email - townleytech@gmail.com
LinkedIn - @shawntownley
Twitter - @shawntownley
Web - https://shawntownley.com
Email - townleytech@gmail.com
LinkedIn - @shawntownley
Twitter - @shawntownley
Web - https://shawntownley.com
Income is the offense of your spending plan. Expenses is defense. If you can master the defense of your spending plan you can quickly automate your way to a better financial life.
Email - townleytech@gmail.com
LinkedIn - @shawntownley
Twitter - @shawntownley
Web - https://shawntownley.com
Email - townleytech@gmail.com
LinkedIn - @shawntownley
Twitter - @shawntownley
Web - https://shawntownley.com
Cash flow is how money comes into and out of your life. A spending plan takes that next step to helping you make money work for you! Simply observing the world around you will not make you financially independent, but we can solve that problem with our spending plan. In this episode we learn how to go from observing to start molding our financial future.
Email - townleytech@gmail.com
LinkedIn - @shawntownley
Twitter - @shawntownley
Web - https://shawntownley.com
Email - townleytech@gmail.com
LinkedIn - @shawntownley
Twitter - @shawntownley
Web - https://shawntownley.com
Money comes in and money goes out. Many of us simply do not keep track of how the tide of money works. In some ways having money come in is the easy side of the equation. Understanding how money leaves your control is maybe more important. Let’s start keeping track of how money comes in and leaves your control.
Email - townleytech@gmail.com
LinkedIn - @shawntownley
Twitter - @shawntownley
Web - https://shawntownley.com
Email - townleytech@gmail.com
LinkedIn - @shawntownley
Twitter - @shawntownley
Web - https://shawntownley.com
How did you learn about money? Maybe it was not a formal education, but merely observing others around you. Let’s kick off 2023 talking about what money is and start laying the foundation for your financial literacy.
Email - townleytech@gmail.com
LinkedIn - @shawntownley
Twitter - @shawntownley
Web - https://shawntownley.com
Email - townleytech@gmail.com
LinkedIn - @shawntownley
Twitter - @shawntownley
Web - https://shawntownley.com
This IS the first step to your financial freedom! Establishing an emergency fund will start you down the path to peace of mind and as well as building a solid financial foundation. The journey starts here.
Email - townleytech@gmail.com
LinkedIn - @shawntownley
Twitter - @shawntownley
Web - https://shawntownley.com
It used to be that you had to wait until payday to get paid. It appears that is no longer the case. With Daily Pay you can choose when you collect your hard earned money, but is there a catch? In this episode I explain daily pay and what you need to know to make sure it is right for you.
Email - townleytech@gmail.com
LinkedIn - @shawntownley
Twitter - @shawntownley
Web - https://shawntownley.com
What does it mean to be middle class? In this episode we break down what is middle class by income, net worth and how education also plays a role.
Email - townleytech@gmail.com
LinkedIn - @shawntownley
Twitter - @shawntownley
Web - https://shawntownley.com
Where do you spend your money? Do you prefer buying stuff or experiences. It may depend on where you are in your life journey! In this episode I discuss the case for stuff and experiences and finally where the balance may lay for you.
Email - townleytech@gmail.com
LinkedIn - @shawntownley
Twitter - @shawntownley
Web - https://shawntownley.com
What does the future of money look like? In this episode we take a brief journey down the history of money and then take a look of what may come!
In a world that is using less and less cash there are credit cards. How do they work? In this episode I explain the basics of credit cards.
How much money is enough? In this episode I breakdown different levels of enough and describe what each level entails. It is up to you to decide what lifestyle you want to strive for and which level is right for you.
What’s more important - friends or money? For me it’s a no brainer - friends! Your relationship with friends and money is important to understand. In this episode I talk about the relationship between the two.
Like it not there are times in life where you need help. Something bigger than yourself. It comes with a price and hopefully you never have to use it, but maybe it will help you sleep better at night. Insurance can be a mixed bag and in this episode I go over some common insurance policies you may need in your financial plan.
Now that you are getting your money under control it’s time to understand how banks work. Understanding how banks work is important for where your money sits and also when you need a loan. In this episode I explain a simple breakdown of how banks (and credit unions) work.
You have your spending plan in place. You are looking to start investing to build wealth. Where do you go from here? In this episode I discuss options for when you are ready to start building wealth.
What is the Stock Market? Why should care to know?In this episode I talk about what a stock market is and why you need to understand how it works.
Understanding the world around us is essential to understanding our money. There are many systems to run your economy - Socialism, Communism and Capitalism just to name a few. In this episode I talk about capitalism and how it may impact your personal finances.
Bartering, cash, credit cards, debit cards and now digital wallet. The evolution of money continues! In this episode I discuss the pros and cons of each type of money.
Imagine a world with no cash. I have to admit that is difficult for me. In this episode I discuss what a cashless society may look like and whether it is coming sooner rather than later.
We all want money, but how much do we really need? How much do you need to meet your savings, essential and wants? In this episode I explore a more minimalistic approach to money.
It used to be that you had to wait until payday to get paid. It appears that is no longer the case. With Daily Pay you can choose when you collect your hard earned money, but is there a catch? In this episode I explain daily pay and what you need to know to make sure it is right for you.
When you think of college students the word poor sometimes comes to mind. What if it did not have to be that way? In this episode I explore some the ways that you can keep from being a poor college student.
We all want money, but why? You can’t eat money or at least you should not - its nasty! It would be difficult to wear or get shelter from a storm using it. We want what money can afford us. In this episode we start to explore the money why and how we should put the want of money into perspective..
Where do you spend your money? Do you prefer buying stuff or experiences. It may depend on where you are in your life journey! In this episode I discuss the case for stuff and experiences and finally where the balance may lay for you.
There are many tools to help you keep track of your money. The trick is to find the ones you like and will use on a regular basis. In this episode I talk about some of the tools that are available on market.
How do you think about money? Do you think about the why relationship you have with money?In this episode I share my money philosophy.
Are you a saver or a spender? It is ok to be both. We just need to find the right balance. In this episode I make the case for saving and spending. I also throw in some ideas on how to achieve that balance.
What does it mean to be middle class? In this episode we break down what is middle class by income, net worth and how education also plays a role.
What would you do if you had total control of your time for the rest of your life? Do you have a perfect day in mind? Maybe FIRE (Financially Independent Retire Early) can work for you. In this episode I give an overview a what it takes to have total control over your time.
Do you know your credit score? In this episode I talk about why your credit score is important and how you can keep it in good shape.
What comes to mind when you hear the word frugal? Penny pincher? Coupon cutter? It can be way more fun than that! Today I talk about reasons why being frugal can be fun!
Cash is king right?!? There are times where that is still the case, but maybe not is not as powerful as it once was. When should you carry cash and when is it no longer appropriate? In this episode I talk about when and why you may want to use cash.
Need some extra cash? Side hustle. Want to build your emergency fund fund? Side hustle. You guessed it the side hustle is very important to making your money situation successful. Take a few minutes to hear me explain how side hustles can help you.
Bankruptcy. It’s not fun. Hopefully you will not ever have to declare that you are bankrupt. in this episode I talk about bankruptcy and ways that hopefully you can avoid it.
Student loans can be helpful, but are they necessary? In this episode I talk about student loans and ways to possibly avoid them.
Remember when talking about money was taboo? Ok maybe it still is, but it should not be! Especially when it comes to your future. Your kids are your future and you owe it to them and yourself to educate them on what you know about money. In this episode I talk about conversation we should be having with our children at different points in their up bringing.
So you have all your money catagories situated - Savings, Essentails and and Wants, but there is still more money! What to do with your extra cash? How about investing it! In this episode I give an overview about investing your money.
You have all your ducks in a row ;-) Now its time to talk to a Financial Advisor! What is a Financial Advisor? Let’s find out!
It is no fun! Identity theft can be very expensive and time consuming. Hopefully you will never have to go through it, but if you do there are ways to help protect yourself and your credit. In this episode we I talk about what identity theft is, how it happens and how you can avoid it.
Insurance is legalized gambling. What you bet on is up to you! In this episode we take a high level look at common insurances that we need in our financial life.
Once you have your spending plan in place it is time for cash flow automation. Automating cash flow will help you systematically get you closer to financial independence!
How many subscriptions do you have? How many have you forgotten that you had? Maybe it is time to review what subscriptions you have.
Assets - Liabilities = Net Worth. Why do we care what our net worth is? In this episode we discuss what net worth is and how to figure it out.
Everyone likes to be given credit, but should you use it? In this episode we talk about what credit is and when we should use it to meet our financial goals.
Want to know a secret about how to stick to your spending plan? In this episode we cover one of the best ways to help you stick to your spending plan without losing your mind!
Is all debt bad? Maybe. In this episode we talk about what debt is and how it possibly can be good or bad.
After building an emergency fund, taking care of retirement and saving for college it’s time to BUILD WEALTH! This is part of our 20% savings in our spending plan. In this episode we talk about when to invest and when not to invest.
As part of our 20% savings, emergency fund and then retirement are the first two cups to fill. If you or a family member are college bound then this is the next place to put your savings. In this episode we talk about what to do if you want to go to college and even discuss when college may not be right for you.
Once you have your emergency fund established you need to start thinking about the long view. Investing in your retirement is essential because time may not be on your side. Having money later in life when you are no longer in your prime earning years is paramount to your financial success! Let’s challenge what retirement means! We may find that retirement means something different to you than it does to me.
This IS the first step to your financial freedom! Establishing an emergency fund will start you down the path to peace of mind and as well as building a solid financial foundation. The journey starts here.
If you only have time to listen to one episode - this is the one! Savings is the secret for building financial stability and ultimately growing your wealth. Spend less than you make and put the rest to work for you! In this episode we talk about what savings is and how to get started.
Income is the offense of your spending plan. Expenses is defense. If you can master the defense of your spending plan you can quickly automate your way to a better financial life.
We all need an income. It is hard to have a spending plan without it! Income comes in many different types, but the main 2 are active and passive. In this episode we break down the different types of income as we start the journey in making our money work for us instead of us for our money.
Cash flow is how money comes into and out of your life. A spending plan takes that next step to helping you make money work for you! Simply observing the world around you will not make you financially independent, but we can solve that problem with our spending plan. In this episode we learn how to go from observing to start molding our financial future.
Money comes in and money goes out. Do you know where its coming from and where it is going? In the this episode we discuss what cash flow is and how we can start making it work for us.
How did you learn about money? Maybe it was not a formal education, but merely observing others around you. Let’s kick off 2022 talking about what money is and start laying the foundation for your financial literacy.
Email - townleytech@gmail.com
LinkedIn - @shawntownley
Web - https://shawntownley.com
No one wants to be in debt. Sometimes debt can work in your favor. Many times it is not working in your favor. In this episode we will breakdown what debt is and how it may work in your favor.
Savings is important. Important because if you want to change from active income to passive you need to be disciplined. In this episode we breakdown how money will flow into your savings portion of your spending plan.
How do you know how you are doing when it comes to money? One way is to figure out your net worth. In this episode I discuss ways to figure out what your money scorecard looks like.
Your spending plan is made. Your emergency fund is secure. Your retirement is on track. Now its time to build wealth! In the this episode I talk investing.
I talk about what money actually is. I explain the different types of money and the fact that money is not good or evil.
Now that we have the basic$ down let’s start building systems that will automate our cashflow. In this episode I will talk to you about how you can pay yourself first while taking the emotion out of the equation. It will not be set it and forget it, but it will be really close. Find out what it takes to have money work for you!
How many subscriptions do you have? Are you sure? Write down the number you think you have and then go look at your credit card statements to get the actual number. Surprised? I was. In this episode I talk about subscriptions and the emotional impact of them.
Your spending plan is made. Your emergency fund is secure. Your retirement is on track. Now its time to build wealth! In the this episode I talk investing.
We all want credit, but should we use it when it is offered. In this episode I discuss what credit is and when you should and should not use it.
How do you know how you are doing when it comes to money? One way is to figure out your net worth. In this episode I discuss ways to figure out what your money scorecard looks like.
College can be a lot of fun. Paying for it is not so fun. In this episode I talk about how to pay for college, types of colleges you can go to and ways to drive the cost down. Maybe college is not for you?! I talk about other jobs that do not require college degrees.
Do you look forward to retirement? Many people do. Others not so much. Wether or not you are looking forward to retiring you still need to make a plan on how you are going to live and plan on paying for it when you are heading into your golden years. In this episode we talk about retirement and ways to look at, plan for and make decisions on how to pay for retirement.
No one wants to be in debt. Sometimes debt can work in your favor. Many times it is not working in your favor. In this episode we will breakdown what debt is and how it may work in your favor.
Savings is important. Important because if you want to change from active income to passive you need to be disciplined. In this episode we breakdown how money will flow into your savings portion of your spending plan.
Mad money is essential to your spending plan! This small part of your spending plan is meant to keep you on course for achieving your larger goals by allowing you to spend some of your hard earned income on things that bring you joy.
Understanding where your money goes is very important. Next is understanding how you want to allocate your funds going forward to meet your goals. The first act of insurance to protect your new knowledge is an emergency fund. Here we talk about what is and how to start an Emergency Fund.
Income and expenses make up our next topic. In this episode we talk about the plan for how we want to use our money to meet our goals. This is not cash flow, but this will help you decide how your cash should flow.
The money that comes into our life is called income. Think of it as playing offense. There are several ways that you can get income, but most comes in through active and passive income. In this episode we breakdown the different types of income.
Money comes in and money goes out. Many of us simply do not keep track of how the tide of money works. In some ways having money come in is the easy side of the equation. Understanding how money leaves your control is maybe more important. Let’s start keeping track of how money comes in and leaves your control.
Season 2 is the reboot. After 28 episodes of a lone approach and some much needed feedback we get to a newer (hopefully) better place. Longer episodes and a deeper dive. Once a week we will talk about the money ASICS and build a foundation that will lead us to a better way of life.
After 27 episodes and almost 150 downloads I am getting feedback! Time to make some adjustments going forward.
Credit is a way for you to buy something before you can afford it. Credit is sometimes necessary for big ticket items, but maybe it should not be taken likely in your financial future. What credit do you currently have? Time to find out.
Nobody likes taxes, but they are essential to provide the items we need in society. Someone has to pay for schools, roads, lighthouses and the military. Could you imagine hiring your own personal military to protect you?
This week challenge is a review of our 50/30/20 spending plan. Every once in a while we need to make sure our spending plan is setup to help us achieve our goals. Is your spending plan in line with your goals?
Do you know how many monthly subscriptions you currently have? Do you know how much you are spending on those monthly subscriptions? It’s time to make a list and see what the real cost of monthly subscriptions are having on your 50/30/20 spending plan.
It’s time to dream BIG!!! The most fun part of the 50/30/20 spending plan is the 30% Wants bucket. Here is where you can upgrade your lifestyle after you have taken care of the Savings and Essentials splurge on those wants!
Part of our 50/30/20 plan is retirement. Pay yourself that 20% before you do anything else! We breakdown how to get possibly get free money from our employers and to put ourselves in a position to retire on our own terms.
This week I want you to take some time to write down your essentials. These essentials are what you need to survive in the event you lose your job or other income. This will be the starting point for determining our emergency fund.
How do you make money when you don’t go to work? You invest! Let’s take that money you saved and put it to work for you!
In this week’s challenge we talk about finding ways to pay ourself first. There are many ways to automate this process so it doesn’t even feel like you are missing money! Tell me how you pay yourself first. Townleytech@gmail.com, LinkedIn @shawntownley, ShawnTownley.com.
Credit. Buy now pay later. It is so easy today to take possession of a new item in exchange of future debt (plus interest). Understand for that instant gratification you are exchanging debt (liability) that will need to paid later at a cost to your goals.
We listed out assets. We have listed our liabilities. It’s time to put it together.
Assets - Liabilities = Net Worth
One of my favorite topics about money is MAD MONEY. Why do I like it? Because that is your guilt free spend it however you want money. It is the secret to living a healthy life with your money.
Weekly Challenge #7 - Liabilities. Today we start to find all of those money commitments we have. This is the second part of the Net Worth equation. Gather them up and let’s see what happens next week.
This week we are talking net worth. Time to gather all your assets and liabilities and see how much we are worth in money.
So far we have talked about cash flow. Money in. Money out. Time to step back and look at the bigger picture- net worth. This week we look at assets we own. Make a list and start the journey to understanding net worth.
We have talked about income, expenses and savings. Time to bring it all together in a plan! A spending plan. This is the recipe to success in money. It’s not get rich quick, but it is a practical guide to moving from working for money to having money work for you.
We now have 4 weeks of data to analyze. Now its time to see the patterns forming daily, weekly and now monthly! Knowing is half of the battle to being able to take the next steps in your financial journey.
It’s time for the worst kept secret in money - savings. We all know it, but sometimes it is difficult to do what is good for us. If we develop the habit of paying ourself first many doors of opportunity will begin to open.
In this weekly challenge we are setting the foundation for the rest of our financial knowledge by tracking our cash flow.
If income is all about offense then expenses is about playing defense. In this episode we talk about the three different types of expenses: essentials, wants and savings.
Welcome to Townley’s Money Basic$ weekly challenge!
Now that we have started tracking and Giving transactions categories start looking for patterns in your money.
Let me know your thoughts. Send your comments to townleytech@gmail.com.
Check out my website at Shawn Townley.
LinkedIn: www.linkedin.com/in/shawntownley
In this episode I talk about two different types of income: active and passive.
Let me know your thoughts. Send your comments to townleytech@gmail.com.
Check out my website at Shawn Townley.
LinkedIn: www.linkedin.com/in/shawntownley
Welcome to Townley’s Money Basic$ weekly challenge!
Now that we have started tracking, start thinking about categories for your money.
Let me know your thoughts. Send your comments to townleytech@gmail.com.
Check out my website at Shawn Townley.
LinkedIn: www.linkedin.com/in/shawntownley
I talk about what money actually is. I explain the different types of money and the fact that money is not good or evil.
Let me know your thoughts. Send your comments to townleytech@gmail.com.
Check out my website at Shawn Townley.
LinkedIn: www.linkedin.com/in/shawntownley
Welcome to Townley’s Money Basic$ weekly challenge!
This week we will start tracking money coming in and going out.
Let me know your thoughts. Send your comments to townleytech@gmail.com.
Check out my website at Shawn Townley.
LinkedIn: www.linkedin.com/in/shawntownley
This week we explore our relationship with money.
Let me know your thoughts. Send your comments to townleytech@gmail.com.
Check out my website at Shawn Townley.
LinkedIn: www.linkedin.com/in/shawntownley
Welcome to Townley's Money Basic$. The podcast that will help improve your financial IQ. I want to learn by teaching and build a community around making money fun and less intimidating.
Let me know your thoughts. Send your comments to townleytech@gmail.com.
Check out my website at Shawn Townley.
LinkedIn: www.linkedin.com/in/shawntownley