Professional Development Archives

Broke Millennial Erin Lowry on Beginning Investing

April 1, 2019/0 Comments/in Professional Development /by George Krueger & Mary-Lynn Foster

Broke Millennial Erin Lowry is back with a new book on beginning investing, Broke Millennial Takes On Investing. This show is made possible by FinancialFreedomTool.com.

Today’s show is part of our special podcast series for Money Smart Week – coordinated by the Federal Reserve Bank of Chicago to help individuals and families better manage their personal finances. Learn more at MoneySmartWeek.org.

On The BIGG Success Show today, we were thrilled to talk with Erin Lowry. You may know Erin from her critically acclaimed book Broke Millennial*. She’s back with a new book called Broke Millennial Takes On Investing: A Beginner’s Guide to Leveling Up Your Money*. Erin joined us today to talk about it. Here’s a summary of our discussion…

What is a “beginning investor”?

Erin says a lot of personal finance books assume a basic level of understanding of the stock market. In addition, they tend to use jargon which makes people feel like outsiders. It prevents them from learning more.

She wrote this book for these beginning investors, people who in many cases may not even think of themselves as investors. But if you have a 401(k) with your employer, you’re an investor – whether you think you are or not.

Want to hear Erin and George each share an unpleasant memory from math class, which illustrates what it’s like when you don’t understand investing? Listen to the show by clicking the PLAY button above.

How do you know when you’re ready to begin investing?

Do What You Love…Or Else

September 18, 2018/0 Comments/in Professional Development /by George Krueger & Mary-Lynn Foster

Do what you love. It’s what we all want to do. But what if you aren’t doing what you love? What can you do then?

Last time, we exposed Hollywood’s dirty little secret. In order to do what you love, you may have to do something (or somethings) you don’t love.

It was inspired by a news story about Geoffrey Owens, the Cosby Show actor who played Elvin – the husband of the family’s oldest daughter. He was spotted bagging groceries at Trader Joe’s. The good news: He got a gig on Tyler Perry’s TV show, getting to do what he loves.

We continued that conversation on The BIGG Success Show today. We discussed what to do if you aren’t doing what you love. Here’s a summary of that discussion.

Hollywood’s Dirty Little Secret…Exposed

September 11, 2018/0 Comments/in Professional Development /by George Krueger & Mary-Lynn Foster

A common misperception about Hollywood, fame, and fortune keeps many people stuck in the status quo.

We discussed three things you need to know to get rich and famous on The BIGG Success Show today. Here’s a summary of that discussion.

This show was inspired by a news story about Geoffrey Owens, the Cosby Show actor who played Elvin – the husband of the family’s oldest daughter. He was spotted bagging groceries at Trader Joe’s.

Many thought this revealed a fall from grace.

Shaming ensued, but support endured.

The story reveals a dirty little secret about Hollywood – one which makes actors and entertainers and celebrities more endearing, because we see they struggle just like the rest of us in pursuing our respective callings.

On the show, we discussed three things you need to know if you want to be rich and famous.

Employee vs Entrepreneur – Which is Riskier?

October 9, 2017/0 Comments/in Professional Development /by George Krueger & Mary-Lynn Foster

Conventional wisdom holds that entrepreneurs take more risk than employees. It may have been the case in past, but is it still true today?

We’re thinking about the things they don’t teach you in school. For example, most people assume that it’s less risky to be an employee, rather than an entrepreneur. Are they wrong?

Entrepreneurs are masters at minimizing risk. But do they take less risk than an employee?

You may say, “Of course not.” But let’s not be hasty…

How to Advance Your Career More Quickly

October 1, 2017/0 Comments/in Professional Development /by George Krueger & Mary-Lynn Foster

Advance your career by using leverage, one of the most powerful tools in your toolkit. In this post, we’ll share five ways this tool can help you reach BIGG success faster.