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Tiffany Grant welcomes Lark Davis, a seasoned cryptocurrency expert, to discuss the fascinating world of bitcoin and investment strategies in the crypto market. Lark shares his journey into crypto, starting in 2017, and emphasizes the importance of viewing bitcoin as a hedge against inflation and fiat currency devaluation.
He introduces the concept of dollar-cost averaging as a simple and effective strategy for investing in bitcoin, highlighting its impressive long-term returns compared to traditional assets. With the recent availability of Bitcoin ETFs, Lark provides insights on how new investors can easily get involved without the need for constant trading.
Join Tiffany and Lark as they explore the potential of bitcoin and how to navigate this exciting asset class.
Check out the full show notes: https://moneytalkwitht.com/investing/bitcoin-insights-from-lark-davis/
Takeaways Lark Davis emphasizes the importance of understanding the fundamentals before investing in cryptocurrencies like Bitcoin. Dollar cost averaging is a practical and effective strategy for investing in Bitcoin over time. The cryptocurrency market is a new asset class that has created many millionaires amid its volatility. Investing in Bitcoin can serve as a hedge against inflation and the debasement of fiat currencies. Learning about Bitcoin through podcasts and books is essential for informed investing decisions. Bitcoin offers unique advantages over gold, including verifiability and scarcity, making it an attractive asset.
Links referenced in this episodecoinbase.com (affiliate link)binance.comkraken.comSupport this Podcast
Copyright 2024 Tiffany Grant
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In this episode of Money Talk With Tiff, host Tiffany Grant dives deep into advanced investment strategies tailored for experienced investors looking to diversify and enhance their portfolios. From options trading and short selling to margin trading and hedge funds, Tiffany breaks down complex strategies, their benefits, and associated risks.
She also provides actionable tips for listeners aiming to integrate these strategies into their investment plans. If you've mastered the basics and are ready for the next level, this episode is a must-listen!
Check out the full show notes: https://moneytalkwitht.com/investing/advanced-investment-strategies/
Key TakeawaysOptions Trading
Definition: Investors gain the right, but not the obligation, to buy or sell an asset at a predetermined price before a specific date.Benefits: Offers leverage and flexibility, enhances returns, and manages risk.Risks: Complex to learn, volatile with potential for significant losses.Tip: Gain a solid understanding and use it as part of a diversified strategy.Episode on options: https://moneytalkwitht.com/podcast/introduction-to-options-trading-unpacking-the-basics-with-jason-brown-ep-264/Short Selling
Definition: Selling borrowed stocks with the intention of buying them back at a lower price.Benefits: Potential to profit in a falling market, serves as a hedge against other portfolio risks.Risks: Unlimited loss potential if the stock price rises, requires precise market timing and insight.Tip: Use cautiously and pair with other risk management techniques.Interactive Learning: Tiffany may reintroduce the stock market challenges, providing a risk-free way to practice these strategies.Margin Trading
Definition: Trading with borrowed funds to increase the size of a position.Benefits: Enhances purchasing power and potential returns.Risks: Magnified losses, margin calls may force sales at unfavorable times.Tip: Only for those with high-risk tolerance and solid risk management plans.Hedge Funds
Definition: Pooled investment vehicles that use various strategies to earn active returns.Benefits: Access to sophisticated strategies and professional management, potential for high returns.Risks: High fees, less liquidity, complex and sometimes opaque strategies.Tip: Thoroughly research hedge funds and managers, align investments with goals and risk tolerance.
Resources MentionedEpisode featuring Options ExpertAccredited Investor episode linkGot a question for Tiffany? Visit Ask Tiffany to submit your money inquiries, and potentially have them featured in an...
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Join Tiffany Grant as she dives into the fascinating world of life settlements with industry expert Rob Haynie. In this episode, Rob demystifies life settlements, explaining how they work, who can benefit from them, and the financial and legal implications involved.
You'll learn about the process from both the seller’s and the buyer’s perspectives, providing you with a comprehensive understanding of this lesser-known financial strategy.
Check out the full show notes: https://moneytalkwitht.com/podcast-show-notes/life-settlement/
Key Discussion PointsWhat is a Life Settlement? Rob provides a thorough explanation of life settlements, highlighting its benefits and the scenarios where this option might be useful.Legal and Ethical Considerations: Rob discusses the regulatory environment surrounding life settlements and emphasizes the importance of ethical practices in the industry.Types of Policies Eligible for Life Settlements: Learn which types of life insurance policies qualify for life settlements and the conditions under which they might be sold.The Buyer’s Perspective: Rob sheds light on what happens to a life insurance policy once it's sold, including potential investors and their interests.Practical Uses for Life Settlement Funds: Tiffany and Rob discuss real-life examples of how individuals have used the funds from life settlements to enhance their quality of life.
Connect with RobPhone: 954-599-4433Email: [email protected]: www.lisettlements.com
Connect with TiffanyWebsite: www.moneytalkwitht.comSocial Media: @MoneyTalkWithTFor more personal finance tips and discussions, be sure to subscribe to the Money Talk With Tiff podcast and leave a review to let us know what you think!
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In this episode of Money Talk with Tiff, Tiffany Grant delves into the common investment mistakes that can hinder your financial growth and how you can avoid them. Tiffany discusses the importance of diversification, avoiding emotional investments, the pitfalls of trying to time the market, and much more. If you're looking to stabilize your returns and enhance your investment success, this episode will provide you with valuable insights and strategies.
Check out the full show notes: https://moneytalkwitht.com/podcast-show-notes/common-investment-mistakes/
Key Points DiscussedLack of Diversification
Avoid putting all your money into one investment or asset class.Spread investments across different asset classes and even international opportunities to mitigate risk and stabilize returns.Emotional Investing
Don't make investment decisions based on emotions such as fear or greed.Develop a clear investment plan and stick to it irrespective of market conditions.Trying to Time the Market
Predicting market highs and lows is incredibly challenging.Focus on a consistent investment strategy like dollar-cost averaging to reduce impact of market volatility.Neglecting Research
Understand the fundamentals of assets or the market before investing.Educate yourself through financial news, market trends, educational courses, and podcasts.Ignoring Fees and Costs
Be aware of management fees, trading costs, and other charges that can eat into your returns.Seek low-cost investment options and compare fees across different platforms.Not Having a Plan
Define your financial goals and create a strategy to achieve them.Regularly review and adjust your plan to stay aligned with your objectives and risk tolerance.Ignoring Risk Tolerance
Assess your comfort level with risk before investing.Choose investments that match your risk profile and adjust your portfolio accordingly.
Resources MentionedUnlocking the Potential of Financial Planning with Empathy and Strategy | Ep. 346
Connect with TiffanyWebsite: moneytalkwitht.comInstagram: @MoneyTalkWithTTwitter: @MoneyTalkWithTFacebook: @MoneyTalkWithTHave a question for Tiffany to answer on the podcast? Submit it at moneytalkwitht.com/asktiffany
Don't forget to like, subscribe, review, and share the podcast.
Rate the podcast to help others find and benefit from the content.
Thank you for joining us for this week's episode. Remember, investing is a journey of continuous learning. By avoiding common investment mistakes and adopting a disciplined, informed approach, you can achieve your financial goals. Until next time, spend wise by spending less than you make—a word...
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In this episode of Money Talk with Tiff, host Tiffany Grant dives deep into productivity hacks with John Briggs, a CPA and productivity expert. John discusses his revolutionary "3.3 Rule," which is designed to help individuals enhance their productivity by working up to three hours at a time followed by a 30% recovery period. This flexible rule allows for personal adaptation and helps you maintain a flow state without burning out.
John also shares interesting historical insights behind our conventional work schedules and provides actionable tips tailored for both employees and business owners.
Check out thee full show notes: https://moneytalkwitht.com/podcast-show-notes/3-3-rule-productivity/
Key TakeawaysThe Origin of the 40-Hour Work Week: The traditional work schedule was created by Henry Ford to sell more automobiles, not based on scientific evidence of productivity.Understanding the 3.3 Rule: Work for up to three hours, followed by a 30% break to reset and rejuvenate your mind.Adapting the Rule: The rule is flexible and can be adapted to one's individual tasks and flow state.Science Behind the Rule: Insights from Alejandro Lleras' research on attention and the need for periodic breaks to maintain focus and productivity.Effective Break Activities: Engage in activities that don't stimulate the brain in the same way as work, such as tactile tasks, nature walks, or watching comedy.Benefits of the Rule: John shares testimonials, including a story of someone who incorporated the rule and experienced not just increased productivity but also health benefits.
Resources MentionedBook: "The 3.3 Rule: New Workday Standard to Get More Done by Working Less" by John Briggs (https://amzn.to/3BY3Qpd)Book Website: 33rulebook.com
Where to Find John BriggsLinkedIn: John Briggs, CPAYouTube Channel: Insights Tax on YouTube
Connect with TiffanyWebsite: moneytalkwitht.comSocial Media: @MoneyTalkWithT on all platforms
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Welcome to another episode of Money Talk with Tiff! In this episode, Tiffany Grant dives deep into essential investment tips for beginners. Following up on last week's discussion of the pros and cons of investing, Tiffany provides a practical guide to help you start your investment journey.
From setting clear financial goals to understanding your risk tolerance and diversifying your portfolio, Tiffany covers it all. Whether you're saving for retirement, a house, or just looking to grow your wealth, this episode is packed with actionable advice!
Key Points:
Set Clear Financial Goals: Know what you're investing for to guide your investment decisions.Understand Your Risk Tolerance: Determine your comfort level with risk and how much you can invest.Diversify Your Portfolio: Spread investments across various asset classes to minimize risk.Start Small: It's okay to begin with a small amount. Consistent, automatic deposits can help.Keep Learning: Stay informed by reading financial news, listening to podcasts, and taking courses.Monitor Market Trends: Keep an eye on market changes to identify opportunities and threats.Think Long Term: Investing is not a get-rich-quick scheme. Patience and a long-term perspective are key.Seek Professional Advice: Consult with a financial advisor if you're uncertain.Resources Mentioned
Platforms for Investing: Fidelity, Charles SchwabYouTube Video on InvestingConnect with Tiffany:
Website: Money Talk With TiffSocial Media: @MoneyTalkWithT on all platformsMake sure to subscribe, rate, review, and share this episode if it was helpful for you! Tune in every Tuesday and Thursday for a new episode of Money Talk with Tiff.
Have a question for Tiffany to answer in an upcoming episode? Submit your questions at www.moneytalkwitht.com/asktiffany.
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In this episode of Money Talk With Tiff, Tiffany Grant dives deep into the concept of scarcity with special guest Scarlett Stanhope, also known as "The Biz Hippie." Scarlett and Tiffany explore how scarcity mindset affects financial decisions, ways to identify if you're operating in scarcity, and actionable steps to shift towards an abundance mentality.
Check out the full show notes: https://moneytalkwitht.com/podcast-show-notes/understanding-scarcity-mindset/
About Our GuestScarlett Stanhope, aka The Biz Hippie, teaches coaches to conquer their finances and own their worth so they can be fully supported by the work they love! Scarlett harnessed the power of money to break free from her workaholic career path and pursue her dreams.
She uses a combination of tangible money management strategies as well as a variety of coaching techniques to help her clients transform their mindset and relationship to money, allowing them to strategically achieve their goals and live their best lives.
Key TakeawaysUnderstanding Scarcity: Scarcity is the belief in "not enoughness," impacting daily actions and decisions, particularly around money.Identifying Scarcity: Recognize actions driven by fear, stress, or anxiety. It's often not based in reality but in perception.Combating Scarcity: Awareness is the first step—get clear on your financial reality and create your safety.Impact of Society and Family: Cultural norms and family teachings heavily influence scarcity mindsets.Scarcity vs. Abundance: Abundance isn't dependent on a specific amount of money but on your relationship with money. It’s about natural growth and possibilities.
Actionable StepsNotice Scarcity: Pay attention to decisions driven by fear or stress.Pause and Reflect: Understand what’s causing the fear and if it's grounded in reality.Get Real: Review your finances to see the true picture and eliminate fear of the unknown.Seek Safety: Create safety in your financial choices.
Special OfferScarlett is offering a free 30-minute Abundance Activation Session. Dive deep into recognizing scarcity blocks and get a roadmap towards abundance. Visit www.thebizhippie.com/activate to book your session.
Connect with Scarlett StanhopeInstagram: @thebizhippieWebsite: www.thebizhippie.com
Connect with TiffanyWebsite: moneytalkwitht.comSocial Media: @moneytalkwitht on all platforms
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In this insightful episode of "Money Talk With Tiff," host Tiffany Grant dives deep into the pros and cons of various investment options. From the dynamic world of stocks to the stability of bonds, the tangibility of real estate, the convenience of mutual funds, and the high potential yet volatile nature of cryptocurrencies, Tiffany offers a comprehensive overview to help you make informed investment decisions.
Whether you're a seasoned investor or just starting, this episode provides valuable insights to guide your financial journey.
Check out the full shownotes: https://moneytalkwitht.com/podcast-show-notes/pros-and-cons-investments/
Key Points DiscussedStocks: Ownership in companies and potential for high returns but with volatility and emotional stress from market fluctuations.Bonds: Steady income and lower risk, ideal for diversification, but with lower returns and interest rate risks.Real Estate: Tangible asset with rental income potential and tax benefits, though requiring significant capital and management costs.Mutual Funds: Diversification and professional management with accessibility for small investors, balanced with management fees and lower control over individual investments.ETFs (Exchange Traded Funds): Traded like stocks with generally lower fees but come with market risk and possible complexity.Cryptocurrencies: High potential returns and increasing acceptance but highly volatile and with regulatory uncertainties and security risks.
Resources MentionedWebsite: moneytalkwitht.comAsk Tiffany a question: moneytalkwitht.com/asktiffanyJoin the community: https://academy.moneytalkwitht.com/offers/vXQV4zb2Become a host on AirBnB: https://moneytalkwitht.com/airbnbBuy Real Estate on Fundrise: https://moneytalkwitht.com/fundriseIf you have a question you want Tiffany to answer on the podcast, visit the website to submit your question. Don't forget to share this episode, subscribe, and leave a review to support the podcast!
Connect with Tiffany
Twitter: @moneytalkwithtInstagram: @moneytalkwithtFacebook: Money Talk with TiffDisclaimer: The content provided in this podcast is for informational purposes only and should not be considered as financial advice. Please consult with a financial professional before making any investment decisions.
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In this insightful episode, Tiffany Grant welcomes Justin Chastain, a seasoned Certified Financial Planner (CFP) and Accredited Financial Counselor (AFC). With a blend of personal anecdotes and professional expertise, Justin shares his journey into the world of financial planning, punctuated by the emotional experiences that shaped his career path—most notably, the impactful lessons from his late mother.
Check out the full show notes: https://moneytalkwitht.com/podcast-show-notes/financial-planning-with-empathy/
Key Topics DiscussedJustin's Journey
Justin's personal story and why he chose to become a financial planner.The emotional drive behind his mission to help others manage their finances.Living with Purpose
The importance of aligning financial habits with personal values.The philosophy of “Don’t buy green bananas” and its meaning in financial planning.Mental and Physical Health
The interconnectedness of mental, physical, and financial health.How life events can influence financial habits and the importance of balanced living.Choosing a Financial Planner
Key questions to ask potential financial planners.Understanding fiduciary duty and transparency in financial advisory services.Insights for Financial Well-being
Balancing debt freedom with living a fulfilling life.Strategies for ensuring your financial choices align with your life goals.
Episode HighlightsJustin emphasizes the importance of giving your dollar a purpose and empowering it to work for you.His expertise on making financial planning enjoyable and less daunting for clients.How to identify a trustworthy financial advisor and ensure their interests align with yours.Tiffany and Justin discuss the significance of being authentic both in life and in financial planning.Justin Chastain, CFP, AFC
Email: [email protected]: Justin ChastainCompany: Parallel FinancialTiffany Grant
Website: Money Talk With TiffSocial Media: @moneytalkwitht
Additional ResourcesLearn more about financial planning at Parallel FinancialSubscribe to the podcast for more financial insights and advice.Don't forget to subscribe, rate, and review the Money Talk With Tiff podcast. Share this episode with friends and family who might benefit from Justin's valuable financial planning insights.
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In this enlightening episode, Tiffany Grant is joined by financial expert Justin Buonomo, who delves into the topic of biblical principles regarding money. Justin shares profound insights on how viewing money through the lens of spirituality can create clarity and direction in our financial lives.
Check out the full show notes: https://moneytalkwitht.com/podcast-show-notes/financial-prosperity/
About Our GuestJustin Buonomo is the visionary CEO & Founder of Journey to Financial Freedom, dedicated to empowering business owners to achieve their dream lifestyle through financial mastery. With a passion for helping business owners live their dream lives fueled and funded by their dream business, Justin believes in the transformative power of taking control of your financial destiny.
Episode HighlightsPrinciple #1: The Love of Money vs. Money Itself
Justin explains the often misconstrued Bible verse that states, "Money is the root of all evil," clarifying that it is the "love of money" or idolizing money over God that leads to problems.
Principle #2: Stewardship
Justin discusses the vital concept of stewardship, emphasizing that managing your current finances responsibly is key to being blessed with more. He asserts that God will not bless you with more until you can handle what you currently have properly.
Principle #3: Money as a Magnifier
Further, Justin elaborates on how money magnifies one's existing character and values. He encourages using money as a tool to further good causes and expand God's kingdom.
Personal Stories and Examples
Justin shares personal experiences, including his support for a school in Kenya that helps refugee girls, illustrating how properly managed finances can make a significant impact.
Key Bible Verses Referenced
1 Timothy 6:10 - "For the love of money is the root of all evil..."Matthew 6:24Luke 6:38Matthew 25:29
Connect with Justin BuonomoFollow Justin on Instagram: @justin_buonomo
Tiffany and Justin tie together the principles discussed, emphasizing the importance of understanding and applying these biblical concepts to foster not only personal financial success but also to contribute positively to the community and God's kingdom.
Connect with TiffanyWebsite: MoneyTalkWithT.com
Social Media: @MoneyTalkWithT
Visit MoneyTalkWithT.com for access to all past episodes and resources.
If you enjoyed this episode, please subscribe and leave a review on your favorite podcast platform!
Support this Podcast
Copyright 2024 Tiffany Grant
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In this episode of Money Talk With Tiff, Tiffany Grant welcomes her mentor and friend, Steve Stewart. Steve delves into the intricacies of qualifying for a traditional mortgage without relying on a traditional credit score.
Listen in as Steve shares his personal journey of securing a mortgage with a zero credit score and the tools and strategies he used to achieve this. From leveraging utility payments to using tech solutions like eCredible and Experian Boost, Steve breaks down alternative pathways to building creditworthiness and securing a mortgage.
Check out the full show notes: https://moneytalkwitht.com/podcast-show-notes/mortgage-without-a-credit-score/
About Our GuestSteve Stewart is the Podcast Editor for some of the biggest indie personal finance podcasts like the Stacking Benjamins Show, Afford Anything, and the MilMo Show.
He also created the Podcast Editors Club, now with over 9,000 members, and co-founded the Podcast Editor Academy - which helps individuals build their own podcast services business.
If you’re looking for help with your podcast, Steve is there to support!
Key Points DiscussedWhat constitutes a traditional mortgage and the role of a FICO score.Steve’s personal experience of maintaining zero consumer debt since 2007.Importance of payment history and amounts owed as components of a FICO score.Introduction to tools like eCredable and Experian Boost to report alternative payment histories.The benefits and security of using debit cards for travel and daily expenses.Practical advice on focusing less on traditional credit scores and more on financial responsibility.
Resources MentionedeCredable: eCredable Website (affiliate link)Experian Boost: Experian Boost Website
Follow Steve StewartWebsite: SteveStewart.MeSocial Media: @SteveStewartMe on all platforms
Follow Tiffany GrantWebsite: Money Talk With TiffSocial Media: @MoneyTalkWithT on all platforms
What's Next?Explore the options available through eCredable and Experian Boost to build a non-traditional credit score.Review your current debts and consider strategies to pay them off promptly.Evaluate the benefits of using debit cards over credit cards for your personal spending habits.Share this episode with someone who might benefit from understanding alternative ways to build creditworthiness.Support this Podcast
Thanks for joining us on this insightful episode with Steve Stewart. Be sure to subscribe, rate, and review Money Talk With Tiff on your favorite podcast platform! If you have any questions or topics you'd like us to cover, drop us a message on social media.
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In this episode of "Tiffany's Take," Tiffany Grant delves into the topic of moving out of the United States and becoming an expat. She shares her personal experiences, insights, and tips for those considering a similar move, using her own move to Jamaica as a reference point.
This episode is packed with practical advice on legal requirements, cost of living, healthcare, cultural differences, employment opportunities, and much more.
See full show notes here: https://moneytalkwitht.com/podcast-show-notes/tips-for-moving-abroad/
Key Points CoveredVisa and Legal Requirements
Importance of understanding visa regulations and residency/work permit requirements.Specifics about Jamaica's visa policies and Tiffany's journey to obtaining citizenship by descent.Cost of Living
Compare the cost of living between your current location and the new country.Importance of budgeting for housing, food, healthcare, transportation, and unexpected expenses.Tiffany's personal experience with school costs in Jamaica.Healthcare
Researching the healthcare system and insurance needs in the new country.Tiffany's positive experience with healthcare in Jamaica, compared to the US.Language and Culture
The necessity of learning the local language and understanding cultural norms.The concept of the "American tax" and managing cultural perceptions.Employment Opportunities
Researching job prospects and understanding work permits in the new country.Considerations regarding tax implications of moving abroad.Quality of Life
Evaluating factors like climate, safety, and recreational activities.Conducting a trial visit to experience living in the new country before making a final decision.Social Connections
Building a social network through visits, local connections, and Facebook groups.Benefits of having local friends to assist with negotiations and integration.Legal and Financial Planning
Ensuring legal compliance, estate planning, and setting up banking arrangements.Tips on managing exchange rates and choosing the right currency for transactions.
Resources MentionedWebsite: moneytalkwitht.com/asktiffanyCapital of Casual Facebook group for those interested in Negril, Jamaica.My new project for those interested in traveling to or moving to Jamaica: seejamayka.com
What's Next?Visit moneytalkwitht.com/asktiffany to submit your questions for future episodes.Consider joining local or expat Facebook groups like Capital of Casual for information and networking.Conduct thorough research and plan extensively before making an international move.
Connect with Tiffany GrantWebsite: -
In this enlightening episode of Money Talk With Tiff, host Tiffany Grant engages in a deep conversation with Dr. Darla Bishop on how she navigated through graduate school without incurring any new debt. Dr. Darla Bishop, a recognized authority in public health, shares her invaluable insights and actionable tips for anyone looking to save money while furthering their education.
See full episode show notes: https://moneytalkwitht.com/podcast-show-notes/navigating-grad-school/
About Our GuestDr. Darla Bishop, affectionately known as the FinanSis, is the Founder of Finansis LLC, a boutique consulting firm based in Lansing, Michigan, and the author of How To Afford Everything.
Motivated by her own challenging childhood in Detroit, Dr. Bishop’s unique gift lies in her ability to motivate individuals to transcend limiting beliefs about wealth and cultivate a positive financial mindset. She firmly believes that empowering individuals with financial knowledge is pivotal in creating prosperous and resilient communities.
Episode HighlightsChoosing the Right Program
Dr. Bishop emphasizes the importance of selecting a program that accommodates full-time work and schooling. She shares her personal journey of choosing a doctoral program built around working professionals.Working for Your University
Discover how working for your university can significantly reduce tuition costs. Dr. Bishop explains how her university's employee benefits could have covered 96% of her tuition.Utilizing Scholarships and Assistantships
Learn how to continuously seek out new scholarships, assistantships, and fellowships throughout your academic journey. Dr. Bishop provides tips on maintaining a strong GPA to unlock additional funding opportunities.Covering Additional Expenses
From books to travel for conferences, Dr. Bishop discusses the importance of seeking funds to cover non-tuition expenses. She encourages building relationships within your department to tap into available resources.Leveraging Campus Housing and Resident Director Roles
Explore the option of becoming a resident advisor or hall director to save on living expenses. Dr. Bishop outlines how these roles can provide free housing and additional stipends.Bonus Tips from Tiffany
Tiffany adds her own experiences on how to ask employers for support in attending conferences and other professional development opportunities.
Resources MentionedDr. Darla Bishop’s website: HowToAffordEverything.comDownloadable email templates for requesting uncommitted funds
Connect with Dr. Darla BishopWebsite: How to Afford EverythingInstagram: @my_finansisAdditional Resources: DarlaBishop.com
Connect with Tiffany GrantWebsite: Money Talk With TiffSocial Media: -
In this episode of "Tiffany's Take", Tiffany Grant delves into practical strategies to manage financial goals amidst economic uncertainties. A listener's question sparks an in-depth conversation on balancing budgeting, saving for emergencies, and investing for the future, even when expenses are high.
Check out the full show notes: https://moneytalkwitht.com/financial-planning/get-help/stability-in-economic-uncertainty/
Key TakeawaysPrioritizing Financial Goals
List your financial goals according to urgency and importance.Focus on what's critical first—be it building an emergency fund, paying off debt, or investing.Resource: Goal Podcast SeriesCreating a Flexible Budget
Start with essentials like housing and utilities, then work down to other expenses.Implement the 50/30/20 rule or adjust percentages as needed.Resource: Budget Spreadsheet/Budgeting Blog PostAutomating Savings and Investments
Set up automatic transfers to make consistent contributions without temptation.Pay yourself first, a principle even small amounts can embody.Utilizing Financial Tools and Apps
Budgeting apps like Mint, YNAB, or EveryDollar.Investment platforms such as Acorns for incremental investing.Resource: YNAB Affiliate LinkStaying Informed and Educated
Stay updated on economic trends to adjust strategies.Example: Impact of changes in the Fed Funds Rate.Resource: Fed Funds Rate ExplanationBuilding an Emergency Fund
Aim for 3-6 months of living expenses, but smaller incremental goals are also beneficial.Understand the peace of mind savings accounts offer.Diversifying Investments
Spread investments across different asset classes for risk mitigation and potential returns.Staying Motivated
Break down goals into manageable tasks and celebrate small victories.Practice mindfulness and stress relief techniques to combat financial anxiety.Seeking Professional Guidance
Consider consulting a financial counselor for personalized advice.Confidentiality in handling financial situations.Actionable Tips
Start listing and prioritizing financial goals today.Use available tools and automation to simplify your financial management.Stay aware of economic changes and adjust your strategies accordingly.
Resources MentionedGoal Series Episodes/Blog Posts: https://player.captivate.fm/collection/f541b716-4e97-4d19-b6da-a1e4d833877dBudget Spreadsheet/Budgeting Blog Post: https://moneytalkwitht.com/blog/budgeting-basics/Budgeting Apps:Mint, -
In this enlightening episode of Money Talk With Tiff, Tiffany Grant is joined by Ray'Chel Wilson, a CEO, consultant, and keynote speaker, to discuss the concept of stewardship and its significance in our lives.
Ray'Chel breaks down stewardship into internal and external facets and emphasizes the importance of taking good care of what we have been given, ranging from our bodies to our finances and the institutions we support.
For the full show notes: https://moneytalkwitht.com/podcast-show-notes/stewardship-raychel-wilson/
About Our GuestRay’Chel Wilson is not your regular teacher. She is a self proclaimed Teacher 2.0, challenging the norms of education and what it means to teach the whole person.
Honored as one of the top “20 Under 20” teachers across the state of Oklahoma for excelling on the front lines of the classroom, Ray’Chel finds educating about holistic financial wellness and closing the racial & gender wealth gaps, as a central part of her mission.
Originally from Ohio, Ray’Chel moved to Black Wall Street, Tulsa, in order to teach high school biology to over 500 students and counting, while also blazing her own path to wealth as a first-generation entrepreneur. After achieving huge financial milestones, like leveraging cryptocurrency profits to pay off her undergraduate student loans, Ray’Chel birthed Raise the Bar Investments.
Key Topics CoveredIntroduction to Stewardship
Definition and importance of stewardship from an internal and external perspective.Internal Stewardship
Treating our bodies well by giving them the necessary vitamins and minerals.Developing a healthy money mindset.Financial Stewardship
Ray'Chel's Black Wealth Freedom series, which focuses on holistic personal finance education and its impact.Four Pillars of Wealth Building:
Healthy Money MindsetValue-Based BudgetingUpskilling for Higher Earned IncomeInvesting for Wealth CreationUpskilling for Success
Importance of continuous learning and adapting to emerging trends like SEO and artificial intelligence.Ray'Chel's Work and Services
How Ray'Chel helps corporate and nonprofit teams with productivity, team communication, and personal finance through workshops and keynote speeches.For Our Last Names App
Introduction to the For Our Last Names app, which aims to empower first-generation wealth builders.
Mentioned ResourcesFor Our Last Names Website: https://forourlastnames-io.ck.page/sign-upBlack Wealth Freedom Series: https://rtbinvestments.org/products/black-wealth-freedom-series-3-book-bundleRay'Chel Wilson Contact Information
Email: [email protected] | [email protected]
Follow Tiffany GrantWebsite: MoneyTalkWithT.comInstagram: @moneytalkwithtTwitter: -
In this episode of Money Talk with Tiff, Tiffany Grant dives into the increasingly common phenomenon of boomerang kids—young adults who return to live with their parents after a period of independence. Tiffany answers a listener's question about what boomerang kids are and explores the financial and emotional implications of this living situation for both parents and young adults.
She provides valuable advice on setting clear boundaries, creating financial plans, encouraging independence, balancing support with responsibility, and maintaining open communication. Whether you're a parent or a boomerang kid yourself, this episode is packed with practical tips and insights to help navigate this family dynamic smoothly.
For full show notes: https://moneytalkwitht.com/financial-planning/teaching-kids/boomerang-kids-strategies/
Episode HighlightsIntroduction to Boomerang Kids: Understanding who they are and why this phenomenon is becoming more common.Financial Impact on the Family: How having boomerang kids can affect the family's finances and what parents can do to manage this.Tips for Parents and Boomerang Kids
Set Clear Boundaries: Importance of establishing expectations and ground rules early.Create a Financial Plan: Encouraging boomerang kids to have clear financial goals and timelines.Encourage Independence: Helping young adults work towards regaining their independence.Balance Support with Responsibility: Finding a balance between offering financial help and ensuring accountability.Open Communication: Keeping the dialogue open to address concerns and adjust plans.Strengthening Family Bonds: Viewing the situation as an opportunity to strengthen family relationships and teach valuable financial lessons.
What's Next?If you have a financial question you'd like Tiffany to answer, visit: www.moneytalkwitht.com/asktiffany.
Share your experiences with boomerang kids by reaching out to Tiffany on social media @moneytalkwitht or via email.
Don’t forget to subscribe and leave a review if you enjoyed today’s episode.
Follow Tiffany GrantWebsite: moneytalkwitht.comSocial Media: @moneytalkwithtSupport this Podcast
Thank you for tuning in to Money Talk with Tiff. Until next time, spend wisely and take care!
Copyright 2024 Tiffany Grant
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In this enlightening episode of Money Talk With Tiff, Tiffany Grant sits down with Octavia Conner, a seasoned expert in business accounting and finance, to discuss essential tips for business owners who may have neglected their books.
Whether you’re a newbie entrepreneur or a seasoned business owner, this episode is packed with valuable insights to help you maintain accurate and reliable financial records. Discover how to choose the right accounting system, the importance of training, and how understanding your business structure can impact your finances and taxes.
Check out the full shownotes here: https://moneytalkwitht.com/podcast-show-notes/small-business-finance-seasoned-entrepreneurs/
Key Topics CoveredImportance of having an accounting systemTips for choosing the right accounting softwareWhy professional training or hiring out accounting tasks is crucialUnderstanding business structures and their tax implicationsImportance of having a financial strategy and cash flow forecast
Guest BioOctavia Conner is a Fractional CFO and the leading business finance expert behind Say Yes to Profits. She specializes in helping small business owners maintain financial health and profitability. Octavia brings a wealth of knowledge and actionable tips to the table, aimed at helping entrepreneurs thrive financially.
Resources MentionedSay Yes To Profits WebsiteFree Cash Flow Mastery ToolkitSay Yes To Profits PodcastFollow Octavia Conner on Instagram: @octaviaconnorCFOOctavia's YouTube Channel: https://www.youtube.com/c/OctaviaConner/shorts
Follow Tiffany GrantWebsite: Money Talk With TiffInstagram: @moneytalkwithtTwitter: @moneytalkwithtFacebook: Money Talk With Tiff
Episode Highlights[00:00] Tiffany introduces the topic and guest, Octavia Conner.[00:54] Octavia discusses the importance of having an accounting system for all businesses.[02:33] Tips for choosing the right accounting software.[05:04] The importance of hiring a professional for accounting tasks.[06:05] Understanding business structures and their financial implications.[08:10] Octavia's tip on having a financial strategy and cash flow forecast.[09:34] Final words and how to connect with Octavia Conner.If you enjoyed this episode, please subscribe to the Money Talk With Tiff podcast and leave a review on your favorite podcast platform. Your feedback helps us improve and reach more listeners.
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In this episode of Tiffany's Take, Tiffany Grant draws powerful lessons from flight attendants' vital safety instructions and applies them to personal finance. Join Tiffany as she explores how securing your own financial "oxygen mask" first can help you manage your money more effectively and sustainably. Discover practical tips and essential strategies to ensure financial stability while responsibly helping others.
Check out the full shownotes: https://moneytalkwitht.com/podcast-show-notes/lessons-from-flight-attendants/
Key TakeawaysPrioritize Your Financial Safety
Think of an emergency fund as your personal oxygen mask.It's a safety net for unexpected expenses like job loss or medical bills.Budget for Stability
Consider your budget as a seatbelt that keeps you financially secure.Track your spending to understand where your money goes and make it work for you.Invest in Yourself First
Contribute to your retirement and savings plans before offering financial help to others.Even small, consistent savings can make a big difference.Learn to Say No
It's okay to decline financial requests that don't align with your goals.Offer advice or other forms of support instead of financial help if necessary.Stay Informed and Calm
Educate yourself on financial matters to make informed decisions.Knowledge is your co-pilot to financial freedom.
What's Next?Ask Tiffany a Question
Have a money question? Submit it at www.moneytalkwitht.com/asktiffany and you might hear it answered on the podcast!
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Don't forget to subscribe to the podcast and leave a review! Also, sign up for the newsletter on the website for more great financial tips.
Connect with TiffanyWebsite: moneytalkwitht.comSocial Media: Follow Tiffany on all social media platforms @moneytalkwithtNewsletter: Tiffany is back to sending a weekly newsletter packed with valuable information. Sign up on the website to stay updated.Thank you for tuning in to this week's episode of Money Talk With Tiff! Keep your finances flying high and steady, and we'll catch you again next week.
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Copyright 2024 Tiffany Grant
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In this episode, Tiffany Grant, host of Money Talk with Tiff, sits down with Leslie Danford, founder of Vitaminis, to discuss an intriguing topic—attracting investors for your startup. Leslie shares her invaluable insights on what investors are looking for and how you can pitch your business successfully, whether running a tech company or opening a retail shop.
Check out the full shownotes: https://moneytalkwitht.com/podcast-show-notes/attracting-investors-for-your-startup/
Key Points DiscussedDefining Startups: Leslie gives a broad definition of startups, emphasizing that they are more about the mentality of creating something new than the type of business.Basic Unit Economics: Leslie highlights the importance of breaking down your business to its most basic unit and ensuring it is profitable at that level.Confidence and Sales: The significance of having confidence and treating your pitch as a sales presentation, even when you're unsure.Investor Trust: The role of personal grit and determination, relationships, and the importance of being seen as trustworthy by investors.Relationship Nurturing: Building and nurturing relationships with investors over time to establish a stronger foundation for future investment.
About Our GuestLeslie Danford, founder and CEO of Vitaminis, a clean-label functional food and beverage brand. She has always been passionate about nutrition, but she is not a foodie. For her, it's like a math equation, and it's important to cover all of your nutritional bases.
In 2020 she combined her personal interests with her formal business training to launch Vitaminis. Previously she worked in beverages and consumer products at large corporations. She earned her MBA from Harvard University and BA from the University of Chicago.
Resources MentionedVitaminis Website: vitaminisbrand.comVitaminis on Amazon: https://amzn.to/3Xp9JT7 (affiliate link)
Connect with LeslieWebsite: vitaminisbrand.comSocial Media: @vitaminisbrand on all platformsRetail Availability: Fresh Thyme Farmers Market and The Fruitful Yield (Midwest)
Connect with TiffanyWebsite: moneytalkwitht.comSocial Media: @moneytalkwitht on all platformsIf you enjoyed this episode, please take a moment to rate and review us on your favorite podcast platform. Don't forget to subscribe to Money Talk with Tiff so you never miss an episode!
Thank you for tuning in! Be sure to visit the show notes for all links and mentioned resources. Until next time, spend wisely by spending less than you make!
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Copyright 2024 Tiffany Grant
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In this episode, Tiffany Grant dives into the profound connection between health and wealth, inspired by her personal journey of living abroad in Jamaica and traveling to Africa. She shares how these experiences have reshaped her understanding of a healthier lifestyle and financial well-being.
Check out the full shownotes here: https://moneytalkwitht.com/podcast-show-notes/living-abroad-health-wealth/
Key TakeawaysHealth Transformation: Tiffany's health improvements after moving to Jamaica and eating locally.Cultural Insights: Differences in food quality and taste between the US, Jamaica, and Africa.Simple Living: The benefits of a more active and stress-reduced lifestyle.Actionable Tips: Practical advice for improving health and wealth, even if you stay in the US.
Resources and Links MentionedPrevious Episode: Tiffany’s Life UpdatesSubmit your questions at www.moneytalkwitht.com/asktiffanyListener Support:
Rate, review, and subscribe to the podcast. Your feedback is invaluable!Follow Tiffany on social media at @moneytalkwitht on all platforms.Catch new episodes every Tuesday & Thursday and visit moneytalkwitht.com for more resources. Thanks for tuning in to Money Talk With Tiff!
- Visa fler
