Debt-Free Millionaire
by Zack, with the Debt Free Millionaire Brand
With two books about to be published and a new video game for youth, and adults, this podcast should take off quickly. We will be bringing on CPAs and real estate investors to talk through the process of becoming a Debt-Free Millionaire, or to go the other way and be okay with debt and become a millionaire. We let you make the ultimate decision but we will give you what you need to get there. Talk to you soon. Thanks to Xogos Gaming for sponsoring this podcast and for creating our game. We are excited to share this with you.
Episodes
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How do I Save More Money? How do I Grow My Money? (W6:D4) Debt Free Millionaire Podcast
So why can’t we hold on to our money? Our culture recently is to spend what we want and not worry about the future. This is the mindset that gets us deep into debt and not able to pay the necessities. When you find yourself in this mindset, you again become a slave unto your debtor. The Best Ways...
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Should I pay off my mortgage or keep it? Is this a path to becoming a Millionaire? (W6:D1) Debt-Free
HOW DO I PAY OFF MY TRANSPORTATION? Strategies for Paying Off Your Car Efficiently Owning a car is often essential for daily life, but it also comes with significant financial responsibilities. Paying off your car loan quickly can save you money on interest and provide financial freedom. Here are...
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Is College Worth it? Strategies for Paying Off Your Student Loan - (W6:D2) Debt-Free Millionaire
Paying off student loans can be a significant financial burden, but with strategic planning and disciplined budgeting, you can reduce your debt faster and save money on interest. Here are some of the best strategies to achieve this goal, along with important considerations about the nature of...
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Should I pay off my mortgage or keep it? Is this a path to becoming a Millionaire? (W6:D1) Debt-Free Millionaire
Strategies for Paying Off Your House Efficiently Owning a home is a significant financial milestone, and while it brings a sense of accomplishment and stability, it also comes with substantial financial responsibility. Paying off your mortgage early can save you thousands in interest and provide...
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What's a Credit Score and Why Should I Work to Increase the Number? (W5:D4) Debt Free Millionaire
Understanding Credit Scores: Essential Knowledge for Students and Adults Credit scores are a crucial part of personal finance, impacting everything from loan approvals to interest rates and even job applications. Understanding how credit scores work and the role of debt repayment in maintaining a...
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How to Get Out of Debt in 6 Easy Ways - Debt Snowball vs Avalanche (W5:D3) Debt Free Millionaire
Best Strategies to Pay Off Your Debt: A Comprehensive Guide Debt can be a significant burden on both your financial and mental well-being. However, with the right strategies, you can take control of your finances and reduce or eliminate your debt. This article outlines some of the most effective...
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Why am I Paying Thousands Every Month, That's Not My Bills? (W5:D2) Debt Free Millionaire Podcast
(W5:D2) WHAT IS INTEREST? WHY DO WE PAY SO MUCH? Interest is the amount of money you pay based on a percentage of what you borrowed. This is typically expressed by Annual Percentage Rate (APR) or the annual amount of the loan you pay as an added fee to what you borrowed. Let me explain this...
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Is there such a thing as Good Debt in your Personal Life? Thoughts? (W5:D1) Debt Free Millionaire
(W5:D1) WHAT IS DEBT AND WHY IS IT SO BAD? Do you like spending money? ___________________ Do you like paying bills after you already received the gain? __________________ Now, do you like paying for something years after you enjoyed it, meaning you no longer are enjoying it but you are still...
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Where is all your money going? Every month it seems like I make less? (W4:D3) Debt Free Millionaire
Is your money running out faster than you get paid or at least faster than you want? Where is all that money going? Have you checked your credit card statement? How many of these reoccurring expenses are you paying each month. Monthly or annually expenses are the greatest way for any company to…
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Why Do I Want to Make More, Save More, Spend Less (W4:D1) Debt Free Millionaire Podcast
(W4:D1) WHO AM I AND WHAT DO I WANT? The only way to lower your expenses is to become intentional and do it with intention and purpose. You must first start with your why and follow it up with how you will keep the momentum. Reducing you spending won’t happen on its own. Let me ask you a few...
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How do you Get a Job??? PRACTICE - Try this Activity (W3:D4) Debt Free Millionaire Podcast
ACTIVITY: JOB SEARCH SIMULATION Objective: Students will gain hands-on experience with the job search process, including finding job postings, creating a resume, preparing for interviews, and evaluating job offers. Materials Needed: Computers with internet access Sample job descriptions Resume...
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How Do I Make More Money, At My Current Job or on the Side - (W3:D3) Debt Free Millionaire Podcast
HOW DO I INCREASE MY PAY? Do you want to be paid more, faster? You have two ways of doing so: 1) ask for a raise, 2) get a second job, 3) start a business 4) invest and take the risk, or 5) stop spending money (not increasing your pay but keeping more money. But wait, you probably were just…
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Are you Worth the Money you are Being Paid - Have the Skills to Advance? (W3:D2) - Debt Free Million
Minimum wage was never created to live off. This too is another diving board to propel you forward. You start at this earning level as a youth and then work your way up to making a very decent living. If you work fast food for minimum wage, see how fast you can work to become a manager. Talk to...
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Don't Allow Your Expenses and Credit Cards Become Your Task Masters (W2:D4) Debt Free Millionaire
The best way to become intentional with your money is to budget. This is basically a roadmap of how you want to spend your money, a spreadsheet of all your expenses and how you want to You have a certain amount of money that comes into your hands or account every month. You have a certain number…
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Did you Know Generosity Can Help Lower Anxiety, Depression, & Stress (W11:D3) Debt Free Millionaire
Simplified Explanation: Every year, you are granted the ability to transfer money to a single person, without it being taxed. The federal government, in 2021, allows its citizens to transfer $15,000 to anyone, without the possibility of being taxed for it - on either side. Real Life: Generosity...
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How comfortable is it working in your PJs while working remotely? (W11:D2) Debt Free Millionaire
Simplified Explanation: Working remote means to work from home, or some other location, instead of at your office. Remote workers have always had a place to go, such as the library, Starbucks, and remote offices, but during the COVID pandemic, they all had to return home and work from there.…
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How has Food Spending Nearly Doubled, What's Gadget Depreciation? (W11:D1) Debt Free Millionaire Pod
Simplified Explanation: Frugal shopping is where you go out and buy only things that are essential; frivolous shopping is where you go out and buy things that you really want, that are not important; and intentional shopping is where you make a list of items you want to buy and only buy those...
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BONUS: Identity Theft and a Sneak Peak into Debt Free Millionaire - (W10:D4) Debt Free Millionaire
Simplified Explanation: Identity theft is where someone takes on your identity, by stealing your personal information and social security number, and starts making financial or security related actions, as if they were you. They take on your identity. Real Life: Think of this, you are opening…
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How People with Money Make Millions During a Recession and How to Spot One Coming - (W10:D3) Debt Free Million.
Simplified Explanation: Recessions are a large downturn in the market, for two consecutive quarters. The year is broken up into 4 quarters (3 month increments - January to March, April to June, July to September, and October to December). If this downturn occurs, you can expect it to have a...
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Money, Marriage, Divorce, Children, Stress, Support, Love, Future - (W10:D2) Debt Free Millionaire
Simplified Explanation: Marriage is a culturally recognized union between two people, called spouses, that establishes rights and obligations between them, their children, and even extended family. This brings on the financial, emotional, and physical support of the other person. Some people do...
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Why Investing in Food Storage is Better than Traditional Investments (W10:D1) Debt-Free Millionaire
Simplified Explanation: Becoming debt free is when you do not owe anyone or any company money from a previous debt. You will still have monthly bills, but you do not owe anyone a recurring amount of money because of past choices or purchases. Real Life: Getting out of debt is a huge weight off...
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Don't Just Stop at an Interview, Job Shadow Your Way into a Career - (W9:D3) Debt Free Millionaire
Shadowing - If there are only a few interviewees and the manager doesn’t have a lot of time to interview you, or has already interviewed you and wants to see you in action, they will ask if you would like to shadow them, to see how they work. Always accept the invitation. This is not as much for...
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How to Make or Break an Interview (Individual, Group, or Panel Interviews) - (W9:D2) Debt Free Millionaire Podcast
Interview Process: When you find the job you like and turn in your resume, the next step to the process is waiting to be called for an interview. They may ask you questions or ask you to submit writing samples before you are called in, but at some point, you will be called in to talk to the…
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Are you Ready to Quit Your Job or Just Mix it up? Side-Gig? - (W9:D1) Debt Free Millionaire Podcast
Simplified Explanation: Statistics have shown that Millennials and those younger will change their jobs four times in the first decade of working; only 29% of them feel engaged at their workplace; and 50% are dissatisfied with their work (Gallup polls, 2021). Adults are prone to searching out new...
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Why are Used Cars so Expensive and Rent Going Up? (W8:D5) Bonus: Debt Free Millionaire Podcast
Read this Article to Get More Information: Rents are rising faster than wages across the country, especially in these cities Wages for the typical U.S. worker have surged since the pandemic, but for many Americans those gains are being gobbled up by rising rent. Rents jumped 30.4% nationwide...
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Are Kids Expensive to Raise... Myth or Truth??? - (W8:D3) - Part 2 - Debt Free Millionaire Podcast
Simplified Explanation: Having children costs money. You have to feed them, cloth them, shelter them, and do most things for them, until they grow up, and become adults. These increase your expenses, and reduce the time you can/should work outside the home. Real Life: Children are the greatest...
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Are Kids Expensive to Raise... Myth or Truth??? - (W8:D3) - Part 1 - Debt Free Millionaire Podcast
Simplified Explanation: Having children costs money. You have to feed them, cloth them, shelter them, and do most things for them, until they grow up, and become adults. These increase your expenses, and reduce the time you can/should work outside the home. Real Life: Children are the greatest...
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Is Income Tax Constitutional? Why doesn't it pay all Federal Bills? - (W8:D2) Debt Free Millionaire
Simplified Explanation: As explained before, taxes are money that is collected, by the government, from its citizens and their businesses, to pay for their operations. These are mandated payments - based on your income, property, or what you purchased - of which funds go to the operation of...
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Where should you invest your money and how do you vet the losers - (W8:D1) Debt Free Millionaire
Simplified Explanation: Like buying a personal home, you will find opportunities to buy houses at a low price Real Life: Investments are a must learn for most people but the truth is most Americans should diversify their money into many different funds (such as mutual funds) and sit on it for 10+...
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What is happening in the Real Estate Market and will it recover? - (W7:D5) Debt Free Millionaire
Simplified Explanation: Like buying a personal home, you will find opportunities to buy houses at a low price and this will provide a way for you to buy, fix and either sell or rent it to someone needing housing. If you find a house low enough and can sell it for a large profit, it frees money to...
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How do you make Millions from Real Estate? - (W7:D4) Debt Free Millionaire Podcast
Simplified Explanation: Real Estate is the buying and selling of real property, or buildings and land that have a monetary value to another party. If you can find deals and buy a piece of property, like a house, and you can fix it up or hold on to it long enough, the value almost always…
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Animals are Expensive to Own When you are Starting Your Independence - (W7:D3) Debt Free Millionaire
Simplified Explanation: Animals are not always the easiest thing to handle. Sometimes, they are messy, need a lot of attention, and cost a lot of money to care for. They also, bring a lot of love, interest, and are great companions to have around. So, as with being intentional in life, if you are...
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Are you a Victor or Victim? Failure or Successful? You are in control -(W7:D2) Debt Free Millionaire
Simplified Explanation: Things happen in life that we have no control over, but we do control how we will respond. The story of my heart is a fact, I have dealt with death every day of my life and now, I don’t worry about death. I won’t leave this life any faster than I am permitted. These events...
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Where is your Paycheck Going? Who Controls Your Money? - (W7:D1) Debt-Free Millionaire Podcast
Simplified Explanation: Every two weeks or twice a month, you will receive a check or money will be deposited into your bank account based on an agreed upon amount you contracted with your employer before you started working for them. If you negotiate with them, you will be receiving an…
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Low Risk to High Risk Investments with Low to High ROI - (W6:D5) Debt Free Millionaire Podcast
Simplified Explanation: When you have paid off your debt, built up your emergency fund, and have excess money collecting in your savings, money that you don’t need for a while or until retirement, then you can invest that and grow it. When you are debt free and these investments - including a…
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How to Pay For a Sports Car with Cash - (W6:D4) Debt Free Millionaire Podcast
Simplified Explanation: What is Savings? Savings is, of course, how much money you have stored to be used in the future. It can be saved in your mattress, in a box, or in your pocket, but most commonly, larger sums of money are stored in a bank. Savings is not something you grab from for any…
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Is there Good Debt and Bad Debt? What do Both do to you? - (W6:D3) Debt Free Millionaire Podcast
Simplified Explanation: How much do you owe all together? This includes car, home, school and personal loans. Do you owe the utility company for late payments or a credit card? This, all together, is a specific number, weighing you down every minute of every day. Real Life: Debt is a type of...
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Business101: Profits are the Space between Revenue and Expenses - (W6:D2) Debt Free Millionaire
Simplified Explanation: Owning a business gives you more freedom, more time flexibility, more satisfaction, and more opportunities to make a difference in the world. It also brings more frustrations, more hours to work, more risk, and more stress. It is not for everyone. But, when your company is...
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You are Only Obligated to Pay the Minimal Amount of Taxes - (W6:D1) Debt Free Millionaire Podcast
Simplified Explanation: The government needs revenue to run itself and govern the country, and decided that income tax was the best way to accomplish this. They are demanding you pay your share of the expense of the government’s existence, by giving them a percentage of your income in each...
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How the Economy is Killing Opportunity and How We Benefit - BONUS - Debt Free Millionaire
Here are the articles that were mentioned during the podcast and the source of the graphs we used: Economic News Release Schedule: https://www.marketwatch.com/economy-politics/calendar Leading Indicator News: https://www.conference-board.org/topics/us-leading-indicators DXY News:...
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Buying a New Car vs. Used Car vs Public Transportation - (W5:D4) Debt Free Millionaire Podcast
NEW DEBT (TRANSPORTATION) (W5:D4) First, before you buy a car, think about where you live. Do you need to buy a car, or would public transportation be more economical for you, at this time? Not everyone needs a car. Is your business far away from the subway? Most people in New York either walk or...
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How to Make $100,000 from your first home and everyone afterwards - (W5:D3) Debt Free Millionaire Podcast
Being Intentional: If you are intentional, you can make $100,000 off the next house you own. Here are some tips when buying a home. Buy in an area that is just about to take off. We bought our fourth house in an area that, unbeknownst to us, was about to take off. The city had just passed a bill...
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Rent or Buy a House? Investment or Money Pit? What is the Truth? - (W5:D2) Debt Free Millionaire Podcast
The American dream has always been to own a house; but is it the wisest investment? The way most people buy a home is like a Savings Account, and you pay very large fees. Some financial gurus will tell you it’s a bad investment, and you would be better off renting a house. Consider this though,...
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How to Become a Debt Free Millionaire Just By Buying Your Own Homes - (W5:D1) Debt Free Millionaire Podcast
NEW DEBT (HOME OWNERSHIP) (W5:D1) Let's try some vocabulary today. Do you know these words? Before we teach you about homeownership, let’s talk about a few vocabulary words having to do with real estate, both for personal and commercial use: Closing – This is the day that you sign the contract to...
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BONUS EPISODE: Your Government is Lying to You About Employment Numbers - (W4) Debt Free Millionaire Podcast
Because graphs are impossible to see on a podcast, also check out our YouTube channel with Xogos Gaming: https://www.youtube.com/watch?v=Lbv7aCOkba4 Get these numbers from Zero Hedge ( https://www.zerohedge.com/political/millions-new-illegal-immigrants-mask-true-state-us-economy) For the last few...
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Inflation is Making You Pay More on Your Debt - (W4:D4) Debt Free Millionaire Podcast
Simplified Explanation: How easy is it to stay out of debt? That depends on you. Will you borrow from another credit card, after you just paid it off? Statistics show that the more effort someone puts into something they really want, the more likely it will be permanent. If your parents paid off...
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Do you want lots of money??? Learn to Budget and Save - (W4:D3) Debt Free Millionaire Podcast and Personal Finance Course
Simplified Explanation: It is always best to track saving and budgeting, throughout the year. At the year’s end, it is good to see how you stuck with your goals and/or budget. Consider this your annual review. Real Life: How much do you spend each year? How much do you save? Would you like to…
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You Must Become Intentional To Succeed - (W4:D2) Debt Free Millionaire Podcast
Simplified Explanation: To become debt free, and then to become a millionaire, you need to live your life in a way in which you are fully in control - not allowing those trying to get you to spend your money to control you. Real-Life Explanation: There are many more ways to save on your expenses...
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Do your Need it or Just Want it (Lower Your Expenses) - (W4:D1) Debt Free Millionaire Podcast
Simplified Explanation: What are your needs in life? Housing, utilities, food, and transportation. These are the essentials. We have already gone over fixed and variable rate expenses. Now, for those things that are essential, here are ways to lower how much you spend each month (on things other...
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Let's Make Some Money - (W3:D4) Debt Free Millionaire Podcast
Simplified Explanation: Based on the information we just looked at, how much you owe plus how much your monthly expenses are, this is the least you will need to make to survive. Now it is time to talk about getting a full-time job to make that money you need and want. Real Life: Just because you...
About this show
With two books about to be published and a new video game for youth, and adults, this podcast should take off quickly. We will be bringing on CPAs and real estate investors to talk through the process of becoming a Debt-Free Millionaire, or to go the other way and be okay with debt and become a millionaire. We let you make the ultimate decision but we will give you what you need to get there. Talk to you soon. Thanks to Xogos Gaming for sponsoring this podcast and for creating our game. We are excited to share this with you.
Hosted by
Zack, with the Debt Free Millionaire Brand
Categories