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image of person holding a globe with the blog title build your own economy

Build Your Own Economy to Be a Success

image of person holding a globe with the blog title build your own economy
Uncertainty. It’s a word you hear a lot these days.

How do you live with uncertainty? How do you face the great unknown?

Think like an entrepreneur, and build your own economy!

Today we’ll share the three components you need to do just that.

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Image of a squirrel with the blog post title: 5 Ways to Squirrel Away Money

5 Ways to Squirrel Away Money

Image of a squirrel with the blog post title: 5 Ways to Squirrel Away Money

Just as squirrels hoard nuts for winter, we can squirrel away money to get through an economic winter. We share five ways to weather a downturn.

Brought to you by FinancialFreedomTool.com

On this BIGG Success Show, we discuss how to prepare financially for tough times. Here’s a summary of that discussion…

This show was inspired by the many busy squirrels in our neighborhood, conducting their annual march to winter.

Here’s a story of a smart young woman who met a wise old squirrel.

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Image of Jill Sclesinger and her book cover The Dumb Things Smart People Do With Their Money

Jill Schlesinger on Why Smart People Make Dumb Money Moves

Image of Jill Sclesinger and her book cover The Dumb Things Smart People Do With Their Money

We talk with CBS business analyst Jill Schlesinger about smart people making dumb money moves and how to avoid these traps – if you’re smart enough.

On The BIGG Success Show , we talk with Jill Schlesinger. Jill is an Emmy-nominated and Gracie Award Winning Business Analyst for CBS News, a weekly guest on NPR’s Here and Now, and a Certified Financial Planner. She writes a weekly syndicated column, Jill on Money, and serves as the host of the nationally syndicated radio show and podcast, Jill on Money.

She joins us to talk about her new book, The Dumb Things Smart People Do with Their Money: Thirteen Ways to Right Your Financial Wrongs*. Here’s a summary of that discussion.

What’s wrong with trying to time the market?

Jill says it’s a classic mistake. Market timing requires two perfect decisions. First, you decide when to sell. Perhaps the market is at an all-time high. But how do you figure out when you’re going to get back in? It’s nearly impossible. And very few people can consistently time the market long-term.

She adds that Warren Buffett, in an annual letter a couple years ago, told his heirs to invest 90% of their inheritance in a S&P 500 index fund, put 10% in bonds, and go to sleep at night.

Jill tells us about a time when she tried to time the market. She became an instant celebrity. Then she flamed out in public. Simply click the PLAY button to hear the full story.

How is investing like “defensive driving”?

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unbudgeting blog post image tag budget

Unbudgeting: Budget Without Budgeting

unbudgeting blog post image tag budget

Unbudgeting is an alternative to traditional, personal budgeting. Think of it as a way to budget for people who hate budgeting.

Do you prepare a budget for your household? If not, you’re in the majority. Nearly 3 out of 5 people don’t, according to a U.S. Bank Possibility Index study.

We must confess: we don’t prepare a traditional budget, although we have in the past. Now, we practice what we call “unbudgeting”.

We discuss this on The BIGG Success Show today. We’ve found it fits us more naturally than traditional budgeting. See if it makes sense to you.

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Money Smart Week podcast series episode numbers

4 Takeaways from 3 Renowned Personal Finance Experts

Money Smart Week podcast series episode numbers

We share four takeaways from our podcast interview series with three renowned personal finance experts. This show is made possible by FinancialFreedomTool.com.

This is our wrap up show for Money Smart Week, a national public awareness campaign coordinated by the Federal Reserve Bank of Chicago, to help individuals and families better manage their personal finances.

To participate this year, we put together a special podcast series, featuring tips from three world-famous personal finance experts from their newest book:

On The BIGG Success Show today, we shared three of our favorite moments from the series, as well as our key takeaway from each of the authors and the BIGG overall takeaway. Here’s a summary of that discussion…

Favorite BIGG Moments

Remember math class? Our favorite moment with Erin was when she compared math class to investing. And it doesn’t have anything to do with numbers! Here’s Erin:
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