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Money Smart Week Guest on BIGG Success Jean Chatzky

Jean Chatzky on Women with Money

Money Smart Week Guest on BIGG Success Jean Chatzky

NBC’s TODAY show financial expert Jean Chatzky joins us to talk about her new book, Women with Money. 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.

Today, on The BIGG Success Show, we were thrilled to talk with Jean Chatsky. She’s NBC’s TODAY Show financial expert, the owner of HerMoney Media at HerMoney.com, co-host of the HerMoney podcast, a New York Times and Wall Street Journal best-selling author, and the list goes on.

Jean joins us today to talk about her latest book, Women with Money: The Judgment- Free Guide to Creating the Joyful, Less Stressed, Purposeful (and, Yes, Rich) Life You Deserve*. Here’s a summary of our discussion…

What was your biggest takeaway from hosting HerMoney Happy Hours?

Jean says she learned that, because there is no place to talk about money, women are thirsting to start doing it. These conversations are empowering.

We’re taught NOT to talk about money? Is that bad?

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BIGG Success, Money Smart Week Podcast Guest Broke Millenial, Erin Lowry

Broke Millennial Erin Lowry on Beginning Investing

BIGG Success, Money Smart Week Podcast Guest Broke Millenial, Erin Lowry

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?

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image of stock market graph on a laptop for the blog post titled: the best investment strategy for normal people

The Best Investment Strategy for Normal People

image of stock market graph on a laptop for the blog post titled: the best investment strategy for normal people

The best investment strategy for normal people (i.e. non-financial types) is simple. Yet it tends to yield better risk-adjusted returns than a commonly touted investment strategy.

We discussed whether or not the stock market is haunted on The BIGG Success Show today. Here’s a summary of that discussion.

This show was inspired by recent fluctuations in the stock market. What’s the best investment strategy to deal with these fluctuations, if you’re a normal person (i.e. non-financial types)?
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Use the Rule of 72 to Simplify Your Financial Decisions

the rule of 72 a financial tool for BIGG SuccessToday on The BIGG Success Show, we brought back one of our favorite bits – Terms from a Hat. This time we pulled out…The Rule of 72.

Hear George & Mary-Lynn on The BIGG Success Show! Click the player to listen (Duration 6:40)

The Rule of 72 is a quick way to determine how many years it takes to double your money. You simply divide the interest rate into 72 to get the number of years it will take to double your money. For example:

Let’s say you have an investment that earns 6%. 72 divided by 6% = 12 years. You’ll double your money in 12 years.

See how easy that is!

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10 Steps to Get Rich

Cash Flow Quadrant | BIGG SuccessHe started in 1975 with just $700 to his name. Now he’s a millionaire many times over.

He’s the amazing Robert Kiyosaki, author of the #1 New York Times best seller Rich Dad, Poor Dad. And he has a simple message:

“With every dollar in your hand, you have the power to choose to be rich, poor or middle class.”

We found a great post by Robert Kiyosaki over at our friend Josh Hinds’ Get Motivation blog. It’s lengthy, but well worth the read.

We’ve provided a summary here for your convenience. Here they are – Robert Kiyosaki’s 10 Steps to Getting Rich:

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