Timothy Sumer

Debt freedom is a journey. You don’t just decide one day that you want to get out of debt, snap your fingers, and all the work gets done for you! Making that decision to pay off your debt is the first step, and from there it’s all about mindset, strategy, determination, and probably some elbow grease to get to where you want to be — and that’s financial freedom! Today on the His & Her Money Show, we’re talking with a couple who knows all about that! The Mitchells were actually one of our “in the middle” guests back in 2019 when they first came on the show, because back then, they weren’t quite done with their debt-free journey. So today, we’re following up with Von and Elzie for an update on how it’s all going, and it’s definitely going well! As some of you might already know, this Virginia couple was once $125,000 in debt under Von’s student loans. When Von decided enough was enough, initially Elzie didn’t share in the enthusiasm. After all, Von’s student loans weren’t

After Tax 401(k) vs Brokerage Accounts: Which One Should You Prioritize? Take Your Finances to the Next Level ➡️ Subscribe now: Download FREE Financial Resources from the show ➡️ Sign up for the Financial Order of Operations course ➡️ Download The Money Guy Net Worth Tool ➡️ Our professional focus is on financial planning and investment management, and we leverage our knowledge for your benefit. We help you focus on the things you can control and manage the things you can’t. Visit our site for more info ➡️ Facebook: Instagram: Twitter: TikTok: Let’s make sure you’re on the path to financial success - then help you stay there! The Money Guy Show takes the edge off of personal finance. We’re financial advisors that believe anyone can be wealthy! First, LEARN smart financial principles. Next, APPLY those principles! Then watch your finances GROW! We can’t wait to see you accomplish your goals and reach financial freedom! New shows every week on YouTube and you

Nix the guesswork and scrolling. We’ll connect you with investment pros we trust: Did you miss the latest Ramsey Show episode? Don’t worry—we’ve got you covered! Get all the highlights you missed plus some of the best moments from the show. Watch debt-free screams, Dave Rants, guest interviews, and more! Want to watch FULL episodes of The Ramsey Show? Make sure to go to The Ramsey Show (Full Episodes) at: Check out the show at 4pm EST Monday-Friday or anytime on demand. Dave Ramsey and his co-hosts talking about money, careers, relationships, and how they impact your life. Tune in to The Ramsey Show and experience one of the most popular talk radio shows in the country! Ramsey Network (Subscribe Now!) • The Ramsey Show (Highlights): • The Ramsey Show (Full Episodes): • The Dr. John Delony Show: • The Rachel Cruze Show: • Anthony ONeal: • The Ken Coleman Show: • The Christy Wright Show: • EntreLeadership: ... ( read more ) LEARN MORE ABOUT: IRA Accoun

Should You Be Worried About Banks Collapsing? (Here's the Truth) Take Your Finances to the Next Level ️ Subscribe now: Download FREE Financial Resources from the show ️ Sign up for the Financial Order of Operations course ️ Download The Money Guy Net Worth Tool ️ Our professional focus is on financial planning and investment management, and we leverage our knowledge for your benefit. We help you focus on the things you can control and manage the things you can’t. Visit our site for more info ️ Facebook: Instagram: Twitter: TikTok: Let’s make sure you’re on the path to financial success - then help you stay there! The Money Guy Show takes the edge off of personal finance. We’re financial advisors that believe anyone can be wealthy! First, LEARN smart financial principles. Next, APPLY those principles! Then watch your finances GROW! We can’t wait to see you accomplish your goals and reach financial freedom! New shows every week on YouTu

Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions. In this episode: Learn Nerdy tips to plan a Disney vacation without going broke, and how to choose a retirement plan when self-employed. Suggested Articles: 9 Free or Cheap Things to Do at Disney World Outside the Theme Parks: What Is a SIMPLE IRA Plan? How It Works, Rules & FAQs: Mega Backdoor Roths: How They Work: Chapters: 01:08 - This Week in Your Money 13:00 - Today’s Money Question 29:04 - Takeaway Tips #NerdWallet #SmartMoneyPodcast #DisneyTravelDay Subscribe to NerdWallet - About Smart Money Podcast: Get smart about your personal finances—with help from the Nerds. From answering your real-world money questions to breaking down the latest personal finance news, NerdWallet’s in-house Nerds will give you the clarity you need to make smart decisions with confidence, avoid throwing money away on common pitfalls and penalties, and ensure your money is always working a

ACCOUNTANT EXPLAINS: Path to Prosperity | Unlocking the Magic of a 401k aarp.org/work/retirement-planning/401k_calculator.html 00:00 Intro 01:57 Ingredients to a 401k plan 03:06 Early withdrawal penalties 04:03 Let your money grow 07:57 How much should you contribute? 11:42 Real examples of investments and their outcome 12:06 401k calculator 12:20 Assumptions 12:40 $35k salary, 1% contribution, start at age 26 14:45 $35k salary, 4% contribution, start at age 26 15:43 $55k salary, 1% contribution, start at age 26 16:06 $55k salary, 4% contribution, start at age 26 17:13 $100k salary, 4% contribution, start at age 26 MILLIONAIRE STATUS 18:05 Investing in your 30s. It's not too late. 19:28 $55k salary, 4% contribution, start at age 35 20:06 $100k salary, 4% contribution, start at age 35 20:27 $100k salary, 4% contribution, start at age 40 21:00 $100k salary, 22.5% contribution ($22,500 max for 2023), start at age 40 MILLIONAIRE STATUS... ( read more ) LEARN MORE

The impact of inflation on investment returns. Investment Returns How Inflation Impacts Your Money. Inflation can significantly impact investment returns, affecting purchasing power and overall investment performance. Here are some key points to consider: Understanding inflation: Inflation refers to the rate at which the general level of prices for goods and services is rising. The impact on purchasing power: As the cost of goods and services rises, your purchasing power decreases, which can erode the value of your investments over time. Adjusting for inflation: It's important to consider inflation when evaluating investment returns and to adjust your expectations accordingly. Investing for inflation protection: Certain investments, such as inflation-protected bonds or real estate, can provide some protection against inflation. Balancing risk and return: Investing always involves a balance between risk and return, and it's important to consider the impact of inflation

Financial Planning 101 for 20 year olds: Financial Planning by Age: ETSY SHOP: Visit to join the FREE 5-day Salesforce Challenge or to enroll in the program to start working toward your new career! Salesforce Consulting Career Update: Why I Transitioned Careers: How I Got into the Tech Industry with No Experience: Financial Coaching: #financialindependence #budget #emergencyfund Get on my Money Monday List: Money Blog: Follow me on Twitter: 💵 Support me: 💰 Venmo: @DebtOverIt ________________________________________________________________________ *ACCOUNT BONUSES* 💻 Marcus by Goldman Sachs HYS Account: Earn 1.0% higher than the stated APY for 3 months (currently will be 5.15%) 💳 Chase Checking ($200 bonus): 💳 Capital One 360 Checking: Open an account, set up and receive direct deposit and earn $50 💳 CapitalOne VentureX: 75,000 bonus miles after spending $4,000 in first 3 months Unlimited 2X miles 💳 Discover: Earn $100 after making a

I'm Getting a $10,000 Inheritance. (What Should I Do With It?) Take Your Finances to the Next Level ➡️ Subscribe now: Download FREE Financial Resources from the show ➡️ Sign up for the Financial Order of Operations course ➡️ Download The Money Guy Net Worth Tool ➡️ Our professional focus is on financial planning and investment management, and we leverage our knowledge for your benefit. We help you focus on the things you can control and manage the things you can’t. Visit our site for more info ➡️ Facebook: Instagram: Twitter: TikTok: Let’s make sure you’re on the path to financial success - then help you stay there! The Money Guy Show takes the edge off of personal finance. We’re financial advisors that believe anyone can be wealthy! First, LEARN smart financial principles. Next, APPLY those principles! Then watch your finances GROW! We can’t wait to see you accomplish your goals and reach financial freedom! New shows every week on YouTube and your favo

Can You Rollover a Roth 401(k) to a Roth IRA? Jump start your journey with our FREE financial resources: Reach your goals faster with our products: Subscribe on YouTube for early access and go beyond the podcast: Connect with us on social media for more content: Take the relationship to the next level and become a client: Bring confidence to your wealth building with simplified strategies from The Money Guy. Learn how to apply financial tactics that go beyond common sense and help you reach your money goals faster. Make your assets do the heavy lifting so you can quit worrying and start living a more fulfilled life.... ( read more ) LEARN MORE ABOUT: IRA Accounts TRANSFER IRA TO GOLD: Gold IRA Account TRANSFER IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA Can You Rollover a Roth 401(k) to a Roth IRA? When it comes to retirement savings, many people choose to contribute to employer-sponsored retirement plans such as a 401(k)

Retirement savers who make “catch-up” contributions to their 401(k) account will lose an often-used tax deduction under new rules coming next year. WSJ’s Anne Tergesen joins host J.R. Whalen to discuss. 0:00 Catch-up contributions 1:05 Rule changes 1:36 Roth 401(k) vs. traditional 401(k) 3:02 Taxes on contributions 3:39 Financial planners’ advice 5:10 Estate planning Your Money Briefing WSJ's personal-finance podcast features the news that affects your money and what you do with it, breaking down complicated money questions from spending and saving to investing and taxes. For more episodes of WSJ's Your Money Briefing: #401k #Taxes #WSJ... ( read more ) LEARN MORE ABOUT: IRA Accounts INVESTING IN A GOLD IRA: Gold IRA Account INVESTING IN A SILVER IRA: Silver IRA Account REVEALED: Best Gold Backed IRA Why This Popular 401(k) Tax Break Is Going Away: A Closer Look by WSJ Your Money Briefing The 401(k) tax break has long been a favorite amo

How to Budget Variable Income (And Other Juicy $$ Questions) Today, I’m answering more of YOUR burning money questions. Links: Ramsey Show Highlights: Ramsey Show Full Episodes: Dave Ramsey's 7 Baby Steps to take control of your money: EveryDollar Budget Deal: I love a good deal, when you sign up using this link , I’ll hook you up with a 14-day free trial and $15 off your first year of the premium version of EveryDollar. George Kamel is a personal finance expert and co-host of The Ramsey Show. Following Ramsey’s proven money plan, George went from negative net worth to a millionaire in under 10 years. His goal is to help people spend less, save more, and avoid money traps so they can live a life with more margin, options and freedom. This channel will simplify complex money topics, bust money myths with actual facts, and debunk the stupid financial advice you're seeing in your social media feed. All with a healthy dose of pop culture, humor, and snark.... (

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Take Your Finances to the Next Level ➡️ Subscribe now: Download FREE Financial Resources from the show ➡️ Sign up for the Financial Order of Operations course ➡️ Download The Money Guy Net Worth Tool ➡️ Our professional focus is on financial planning and investment management, and we leverage our knowledge for your benefit. We help you focus on the things you can control and manage the things you can’t. Visit our site for more info ➡️ Facebook: Instagram: Twitter: TikTok: Let’s make sure you’re on the path to financial success - then help you stay there! The Money Guy Show takes the edge off of personal finance. We’re financial advisors that believe anyone can be wealthy! First, LEARN smart financial principles. Next, APPLY those principles! Then watch your finances GROW! We can’t wait to see you accomplish your goals and reach financial freedom! New shows every week on YouTube and your favorite podcast app. Thanks for coming along on the journey with us....