Episodes

  • Ep. 191 | It’s Never Too Late To Save For Retirement
    Jun 18 2024

    Welcome to our latest episode on personal finance, where we explore the critical topic of retirement savings and why it's never too late to start. In this episode, we'll break down the common reasons people delay saving for retirement and provide actionable steps to help you start saving today, no matter your age.

    Topics Covered:

    - Why people delay saving for retirement

    - The importance of long-term financial planning

    - The power of compound interest and time

    - Real-life case studies: Starting to save in your 20s, 30s, 40s, and 50s

    - How much you need to save monthly to reach $1 million by age 65

    - The benefits of starting late and how $500 a month can still make a difference

    -Actionable steps to kickstart your retirement savings today

    Don't forget to like and share this video on YouTube, Rumble, and Meta! Subscribe to our channel on YouTube and follow us on Rumble for more valuable financial tips and advice.

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    If you are in need of a Financial Coach, don’t waste another day of being in debt, not planning for retirement, or simply wondering where your money went each month. Today is the day to take control of your finances and I can help, no issue is too big or too small. Contact me at https://www.thefinancialmirror.org/

    #InvestInYourself #PersonalFinance #FinancialEmpowerment #personalfinance #financialfreedom #finance #money #investing #financialliteracy #financialindependence #budgeting #debtfreecommunity #financialplanning #debtfree #financialeducation #debtfreejourney #wealth #financetips #business #budget #investment #entrepreneur #moneymanagement #moneytips #stockmarket #financialgoals #invest #motivation #debt #savings #moneymindset #savingmoney #success #RetirementSavings #PersonalFinance #FinancialFreedom #SaveForRetirement #CompoundInterest #InvestingTips #RetirementPlanning #LateStartSaving #MoneyManagement #WealthBuilding

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    31 mins
  • Ep. 190 | Navigating the Stock Market in 2024
    Jun 11 2024

    In this episode, we explore the fascinating journey of the stock market from early 2023 to mid-2024. We analyze key factors that influenced the market, such as Federal Reserve policies, economic and earnings growth, and the booming tech and AI sectors. We also provide expert predictions on what the future holds for the stock market and actionable insights for investors.

    Topics Covered:

    - Overview of the stock market one year ago

    - Current status of the S&P 500, NASDAQ, and Dow Jones

    - Impact of Federal Reserve policies and inflation trends

    - Economic and corporate earnings growth analysis

    - The role of technology and AI in driving market growth

    - Predictions and expert insights for the remainder of 2024

    - Actionable tips for investors

    Don't forget to like and share this video on YouTube, Rumble, and Meta. Subscribe to our channel on YouTube and follow us on Rumble for more updates and insights on the stock market and personal finance.

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    If you are in need of a Financial Coach, don’t waste another day of being in debt, not planning for retirement, or simply wondering where your money went each month. Today is the day to take control of your finances and I can help, no issue is too big or too small. Contact me at https://www.thefinancialmirror.org/

    #InvestInYourself #PersonalFinance #FinancialEmpowerment #personalfinance #financialfreedom #finance #money #investing #financialliteracy #financialindependence #budgeting #debtfreecommunity #financialplanning #debtfree #financialeducation #debtfreejourney #wealth #financetips #business #budget #investment #entrepreneur #moneymanagement #moneytips #stockmarket #financialgoals #invest #motivation #debt #savings #moneymindset #savingmoney #success #StockMarket #Investing #Finance #MarketUpdate #Economy #TechStocks #AI #PersonalFinance #SP500 #NASDAQ #DowJones #InvestmentTips #2024Predictions

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    30 mins
  • Ep. 189 | How Biden's Oil Reserve Release Impacts the Economy
    Jun 4 2024

    In this episode, we delve into President Joe Biden's strategic decision to release oil reserves to lower gas prices just in time for summer 2024. We'll break down what this move means for you, how it compares to past oil reserve releases, and its broader implications for the U.S. economy.

    Topics Covered:

    - Biden's 2024 Oil Reserve Release

    - Historical Context of Oil Reserve Usage

    - Current State of the U.S. Economy

    - Inflation Trends and Federal Reserve Policies

    - Consumer Confidence and Stock Market Health

    - Impact on Gas Prices and Personal Finances

    Stay informed and understand how these economic changes might affect your wallet. Whether you're planning a summer road trip or just keeping an eye on your finances, this episode provides valuable insights.

    Make sure to like, subscribe, and share this video with others who want to stay updated on important economic news.

    Subscribe to the channel for more empowering content on personal finance, investing, and self-improvement. Don't miss out on the opportunity to unlock your true financial potential and live a life of abundance. It's time to invest in yourself and create the future you deserve!

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    If you are in need of a Financial Coach, don’t waste another day of being in debt, not planning for retirement, or simply wondering where your money went each month. Today is the day to take control of your finances and I can help, no issue is too big or too small. Contact me at https://www.thefinancialmirror.org/

    #InvestInYourself #PersonalFinance #FinancialEmpowerment #personalfinance #financialfreedom #finance #money #investing #financialliteracy #financialindependence #budgeting #debtfreecommunity #financialplanning #debtfree #financialeducation #debtfreejourney #wealth #financetips #business #budget #investment #entrepreneur #moneymanagement #moneytips #stockmarket #financialgoals #invest #motivation #debt #savings #moneymindset #savingmoney #success #GasPrices #OilReserves #BidenAdministration #Economy2024 #PersonalFinance #Inflation #FederalReserve #ConsumerConfidence #StockMarket #FinancialNews

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    29 mins
  • Ep. 188 | Understanding America's $34 Trillion National Debt Crisis
    May 28 2024

    In this episode, we unravel the complexities of the United States national debt, now exceeding a staggering $33 trillion. We explore where this colossal debt comes from, why it has surged dramatically over the past 20 years, and what it means for our economy and your personal finances. Learn about the major sources of the debt, such as military spending, social programs, and economic crises. Discover the implications of a debt-to-GDP ratio over 100%, akin to a consumer maxing out their credit card. We also delve into historical moments when the national debt actually decreased and examine the controversial Modern Monetary Theory (MMT) that some economists believe could reshape our fiscal future. If you're curious about how government spending impacts your financial life, this video is packed with insights you can't afford to miss.

    Topics Covered:

    • Origins and categories of the U.S. national debt
    • Major sources of national debt, including military spending and social programs
    • Comparison of debt growth from 1984-2004 vs. 2004-2024
    • The significance of the debt-to-GDP ratio exceeding 100%
    • Fiscal Year 2023 spending insights
    • Economic impact of the national debt
    • Explanation of Modern Monetary Theory (MMT)
    • Historical decreases in the national debt
    • Indicators of economic strength or weakness

    Subscribe to the channel for more empowering content on personal finance, investing, and self-improvement. Don't miss out on the opportunity to unlock your true financial potential and live a life of abundance. It's time to invest in yourself and create the future you deserve!

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    If you are in need of a Financial Coach, don’t waste another day of being in debt, not planning for retirement, or simply wondering where your money went each month. Today is the day to take control of your finances and I can help, no issue is too big or too small. Contact me at https://www.thefinancialmirror.org/

    #InvestInYourself #PersonalFinance #FinancialEmpowerment #personalfinance #financialfreedom #finance #money #investing #financialliteracy #financialindependence #budgeting #debtfreecommunity #financialplanning #debtfree #financialeducation #debtfreejourney #wealth #financetips #business #budget #investment #entrepreneur #moneymanagement #moneytips #stockmarket #financialgoals #invest #motivation #debt #savings #moneymindset #savingmoney #success #NationalDebt #USDebt #Economy #PersonalFinance #GDP #GovernmentSpending #ModernMonetaryTheory #FiscalPolicy #EconomicCrisis #FinancialEducation #DebtToGDP #USEconomy #FinancialInsights #USNationalDebt #EconomicGrowth

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    31 mins
  • Ep. 187 | The Real Cost of Withdrawing from Your Retirement Savings
    May 21 2024

    Are you considering dipping into your retirement account for an immediate need? Think again! In this video, we delve deep into why withdrawing from your retirement savings can have devastating long-term consequences. We'll explore how compound interest works, the hefty fees and penalties you'll face, and the significant amount of money you could lose over the years by making early withdrawals.

    Using real-life examples and detailed scenarios, we'll show you just how much your retirement future can be affected. We'll also discuss alternative solutions to help you avoid tapping into your retirement funds.

    Don't miss out on securing your financial future! Watch now to learn why keeping your retirement savings intact is one of the smartest financial moves you can make.

    Key Points Covered:

    • Understanding compound interest
    • Fees and penalties of early withdrawals
    • Long-term financial consequences
    • Real-life examples and case studies
    • Alternative solutions to early withdrawal

    Subscribe to the channel for more empowering content on personal finance, investing, and self-improvement. Don't miss out on the opportunity to unlock your true financial potential and live a life of abundance. It's time to invest in yourself and create the future you deserve!

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    If you are in need of a Financial Coach, don’t waste another day of being in debt, not planning for retirement, or simply wondering where your money went each month. Today is the day to take control of your finances and I can help, no issue is too big or too small. Contact me at https://www.thefinancialmirror.org/

    #InvestInYourself #PersonalFinance #FinancialEmpowerment #personalfinance #financialfreedom #finance #money #investing #financialliteracy #financialindependence #budgeting #debtfreecommunity #financialplanning #debtfree #financialeducation #debtfreejourney #wealth #financetips #business #budget #investment #entrepreneur #moneymanagement #moneytips #stockmarket #financialgoals #invest #motivation #debt #savings #moneymindset #savingmoney #success #RetirementPlanning #PersonalFinance #CompoundInterest #FinancialFreedom #Investing #Savings #RetirementSavings #FinancialPlanning #MoneyManagement #DebtFree

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    21 hrs and 50 mins
  • Ep. 186 | Is College Worth the Debt?
    May 14 2024
    In this crucial episode of our Personal Finance Coaching series, we dive deep into the financial realities of pursuing a college degree in today's economic landscape. With student debt at an all-time high, making informed decisions about higher education is more important than ever. We analyze the latest findings from the New York Federal Reserve to explore which college majors yield the best and worst financial returns. Discover why some degrees, especially in STEM fields, lead to lucrative careers while others, such as liberal arts and education, may not justify their cost in the long run. We'll also debate the true value of a college degree and explore viable alternatives like vocational training and online certifications that could steer you clear of a debt spiral. Featuring expert advice, real-life success stories, and practical tips, this episode is designed to guide students, parents, and educators through the complexities of college costs and help them strategically plan their educational and financial futures. Whether you're on the verge of choosing a college or reconsidering your educational path, this episode offers essential insights into making the best choices for your financial well-being. Join us as we tackle these pressing questions and arm you with the knowledge to make empowered decisions about your education and career. Don't miss out on uncovering whether college is truly worth the debt in this detailed analysis of education's return on investment. Subscribe to the channel for more empowering content on personal finance, investing, and self-improvement. Don't miss out on the opportunity to unlock your true financial potential and live a life of abundance. It's time to invest in yourself and create the future you deserve! Article Link: https://www.cnbc.com/2024/03/16/worst-paying-college-majors-five-years-after-graduation.html **Support the Stream By Shopping at Our Store** Buy Your Financial Mirror Gear: https://www.thefinancialmirror.org/shop YouTube: https://www.youtube.com/@thefinancialmirror Rumble: https://rumble.com/TheFinancialMirror Facebook: https://www.facebook.com/thefinancialmirr0r X: https://twitter.com/financialmirr0r Instagram: https://www.instagram.com/thefinancialmirror/ Podcast: https://thefinancialmirror.podbean.com/ If you are in need of a Financial Coach, don’t waste another day of being in debt, not planning for retirement, or simply wondering where your money went each month. Today is the day to take control of your finances and I can help, no issue is too big or too small. Contact me at https://www.thefinancialmirror.org/ #InvestInYourself #PersonalFinance #FinancialEmpowerment #personalfinance #financialfreedom #finance #money #investing #financialliteracy #financialindependence #budgeting #debtfreecommunity #financialplanning #debtfree #financialeducation #debtfreejourney #wealth #financetips #business #budget #investment #entrepreneur #moneymanagement #moneytips #stockmarket #financialgoals #invest #motivation #debt #savings #moneymindset #savingmoney #success #college #studentdebt #studentloans
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    32 mins
  • Ep. 185 | Debt or Debit? The Truth About HELOCs
    May 7 2024

    Dive deep into the intricacies of Home Equity Lines of Credit (HELOCs) in this informative episode. Learn what HELOCs are, how they function, and why viewing them as just another form of your debit card can lead to significant financial repercussions. This episode unpacks the complexities of HELOCs, detailing their features, the risks involved, and how to manage them responsibly.

    Whether you’re contemplating using your home equity or simply eager to understand more about this financial instrument, we cover everything you need to know. Explore how HELOCs compare to traditional home loans, identify common pitfalls, and gain valuable tips on using HELOCs wisely to secure your financial future.

    Ideal for homeowners and finance aficionados, this episode is your essential guide to navigating the world of Home Equity Lines of Credit. Tune in to ensure you make informed decisions about leveraging your home's equity.

    Subscribe to the channel for more empowering content on personal finance, investing, and self-improvement. Don't miss out on the opportunity to unlock your true financial potential and live a life of abundance. It's time to invest in yourself and create the future you deserve!

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    If you are in need of a Financial Coach, don’t waste another day of being in debt, not planning for retirement, or simply wondering where your money went each month. Today is the day to take control of your finances and I can help, no issue is too big or too small. Contact me at https://www.thefinancialmirror.org/

    #InvestInYourself #PersonalFinance #FinancialEmpowerment #personalfinance #financialfreedom #finance #money #investing #financialliteracy #financialindependence #budgeting #debtfreecommunity #financialplanning #debtfree #financialeducation #debtfreejourney #wealth #financetips #business #budget #investment #entrepreneur #moneymanagement #moneytips #stockmarket #financialgoals #invest #motivation #debt #savings #moneymindset #savingmoney #success #HELOC #HomeEquity #DebtManagement #FinancialEducation #Homeowners #PersonalFinance #FinancialPlanning #MoneyTips #InvestInYourFuture #RealEstateFinance

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    27 mins
  • Ep. 184 | Why Saving Money Feels Hard
    Apr 30 2024

    Discover why saving money is often more challenging than it seems in this enlightening episode of The Financial Mirror. Join us as we delve into the fascinating world of behavioral finance with insights from experts and practical advice that can revolutionize your financial habits.

    In today’s episode, we explore the psychological tug-of-war between our rational desires and emotional impulses that hinder our saving efforts. Based on the latest research from top financial psychologists, we unravel why our brains prefer spending to saving and how cultural and economic pressures compound this issue.

    Whether you struggle to set aside money for an emergency fund or you're looking to improve your overall financial health, this episode is packed with actionable tips and strategies designed to make saving not only easier but also more rewarding.

    Don't forget to like, subscribe, and share this video with friends who might benefit from better saving habits. Your engagement helps us create more content that empowers you financially.

    Article: https://www.washingtonpost.com/business/2024/02/16/brain-science-saving-money/

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    If you are in need of a Financial Coach, don’t waste another day of being in debt, not planning for retirement, or simply wondering where your money went each month. Today is the day to take control of your finances and I can help, no issue is too big or too small. Contact me at https://www.thefinancialmirror.org/

    #InvestInYourself #PersonalFinance #FinancialEmpowerment #personalfinance #financialfreedom #finance #money #investing #financialliteracy #financialindependence #budgeting #debtfreecommunity #financialplanning #debtfree #financialeducation #debtfreejourney #wealth #financetips #business #budget #investment #entrepreneur #moneymanagement #moneytips #stockmarket #financialgoals #invest #motivation #debt #savings #moneymindset #savingmoney #succes #SavingMoney #BehavioralFinance #MoneyManagement #EmergencyFund #FinancialGoals #WealthBuilding #FinancialWellness #InvestingBasics

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    27 mins