35 Burst results for "Forty Thousand Dollars"
September 17th, 1859: Joshua Norton Declares Himself Emperor the United States
"The day was september seventeenth. Eighteen fifty nine a failed gold rush era businessman named joshua norton visited the offices of the san francisco bulletin. He gave the editor a short notice to be published in that day's paper and it began as follows at the peremptory request of a large majority of the citizens of these united states. I joshua norton of san francisco california declare and proclaim myself emperor of these united states. Now not much is known about norton's early life before his time as the self proclaimed emperor but what we do know is he was born around eighteen eighteen to a jewish family of merchants in present day. London when he was two. His family moved to south africa where his father established a successful ship. Supply business norton trying to get into the family business himself but his own ship supply. Company wound up going bankrupt after less than two years by the time he was thirty years old. Both of his parents and two of his siblings had died so one year later in eighteen. Forty nine norton left south africa for good in made his way to san francisco like many aspiring businessmen of his day. Norton had traveled to california hoping to capitalize on the recent gold rush after receiving his inheritance. He was worth about forty thousand dollars. Which is well over a million dollars. In today's money in san francisco. He invested that money in real estate including waterfront property. He also started a successful commodities business selling staple foods like rice and flour by eighteen. Fifty two norton had turned his forty thousand dollar investment into a quarter million dollar fortune. He was now one of the most influential and respected citizens of the city. But in a boom and bust town like gold. Rush era san francisco. What goes up. We'll certainly come down and often sooner than you'd expect.
Food for the Poor Is Feeding Starving Families
"It's time right now to do a little bit of god stuff we. I have been show blessed by an audience that has donated over one hundred and thirty two thousand dollars to our food for the poor campaign to help children and families devastated by the seven point two magnitude earthquake in haiti over the weekend. We're closing in on one hundred and forty thousand dollars in donations. We always end strong with these campaigns. You did it again. This show is the standard bear. This show is at the top of the heap and collectively. My colleagues and i have raised well over four hundred thousand dollars so that we can rush food and medicine and water. We got problems all over. You know we can't solve all the world's problems we can't solve all the country's problems but when you have a path to help somebody. I hope you take it. I want you to hear from paul jacobs. Paul jacobs from food for the poor. Who assures us that the money that is being donated by this audience is being rushed to haiti through the contacts. They've made over there with their thirty five years. Working on the island have more than a dozen food centers run by community leaders across the country. That are helping the poor. Get into a far-reaching areas so they win you give right now. Clint that help eighty banner. Your guest is going into the hands. In resourcing pastors in local ministries community partners. That have been vetted for thirty five years. That are going to do the best work and have the most impact.
Delta Will Charge Unvaccinated Employees $200 per Month
"Delta airlines says it won't force employees to get a corona virus vaccine but the choice not to it's going to cost them I'm Ben Thomas with the latest delta airlines will charge employees on the company health plan two hundred dollars a month if they fail to get vaccinated against covert nineteen CEO ed Bastian justifies the policy by pointing to the cost to the airline for the average hospital stay of an infected employee forty thousand dollars Bastian says of the delta employees hospitalized for COPD in recent weeks none have been fully vaccinated delta also says starting in September it will require weekly testing for unvaccinated ploy ease the airline will pick up the cost of that testing still delta isn't going as far as United Airlines which is requiring employees to get vaccinated or face termination I'm Ben Thomas
In Unfriendly Skies, Unruly Passengers Fines Top $1 Million
"The fines for unruly passengers continue to rise federal officials say rowdy airline passengers have now racked up more than a million dollars in potential fines this year that's after the FAA propose fines against thirty four passengers including two that topped forty thousand dollars in one of the recent incidents a man through his carry on bag at other passengers and put his hand up the skirt of a flight attendant before he was restrained with plastic ties the FAA said this week that airlines have reported about thirty nine hundred incidents of unruly passengers this year most of them involving refusal to wear a mask I Shelley Adler
Dana Spiotta Talks About Wayward
"Deana spilled a joins us now. From the catskills. She is the author of many novels including innocence and others lightning field and stone arabia and her latest book is called wayward dana. Thanks for being here. Thanks so much for having me pamela. So this book begins with a house. Why what is this house. And what role does it play in the novel. Well it's a falling down arts and crafts house. That's in the city of syracuse. The main character. Sam has a habit of going to these kind of open houses. With no intention to buy and she finds us wreck of a house and syracuse you can actually buy houses for forty thousand dollars thirty thousand dollars that are completely falling apart and she just impulsively signs a contract for this house senate. Only when she's driving home that she realizes she's going to leave her husband and her entire life. And i think one of the questions that drives the novel in the beginning is why does she do this really reckless thing with her life and and i think she falls in love with the and i am part of me was thinking of writing a midlife person blowing up their life but i didn't want it to be because they fell in love with a younger lover which seems kind of cliche. I thought we're done with that. We're dealing with no this house. And i think the question is what is the house speak to her and i guess it wasn't what i was writing it. I didn't think about it as much. But after i thought okay. The house is hiding in plain sight at you could ignore it or you can look closely and see the beauty there and i think she's she thinks it speaks to her and she's the only one that can still see that it's beautiful and so maybe that has something to do about the state. The cheese in or that. Her life is in to that. She needs to kind of look at her life in a different way so she can see what's still beautiful and what still needs work. Maybe
Q&A: How to Fund Rehabs and Renovations
"Today's question comes from shanty long and shanties question is we're about to close in a duplex in. It's going to need anywhere between six thousand to ten thousand dollars in repairs. What are some options for funding this rehab so ash. I'll let you go first narconon chime in with my thoughts afterwards. Okay the first thing. I thought of when i was reviewing this question was credit cards. So what did you say. It was six to ten thousand. They're looking to spend with that amount. You could easily get a credit card. Usually for that amount of money and there are so many credit cards out there that will do zero percent interest. So what this means. Is you start buying materials supplies with the credit card at lowe's home depot wherever your hardware store is to get your materials or even online new use credit card to pay and the credit card will usually give you zero percent interest so all you have to do is make a minimum payment every month which can be if you have ten thousand dollars on their. Depending on the interest rate you could probably be paying ninety dollars a month is the minimum payment towards the card. So what your strategy here is to get a card that has that zero percent interest for as long as you're going to be doing the rehab and until you can refinance so for example. Some of the cards will do it for eighteen months. And hopefully your rehab and your refinances completed by then so that you can pay off the credit card before you're actually charged interest on those payments and you're just making that minimum payment which is actually going towards your balance and not towards interest. So i think that is one of the greatest tools that you can actually use and you can find the zero percent interest credit cards on the business side or in your personal name to. Yeah no. that's great advice actually and especially at that dollar amount right sixty thousand you said. It should be not too big of an obstacle for most people to get approved for for something around that loan limit. I think something else to consider and shaun tait didn't really share. What the potential rv or the purchase price of this property is but i mean at six thousand dollars you could also try and borrow money from a family member from a friend and say hey. Loan me ten thousand dollars. I'm gonna fix up. This property wants it's done. I'm going to be able to pull out forty thousand dollars. Whatever the number is. And then. I'll be able to give you a return on your money
Don't Neglect the Power of a Coach
"Today's quick tip is don't neglect the power of a coach. Look when we talk about what a coach is. It's really somebody who has done what you are doing before you has learned a lot of the things you're trying to figure out on your own and has taken the time to analyze those things and come up with a system to help you learn them. Faster coaches are not just for athletes. Coaches are for everyone. A coach can short near learning curve. And that means help you make money a lot faster and a lot quicker than you would if you did it on your own so in many areas of life your spiritual life your fitness your wealth building. Whatever it is that you're passionate about and you care about look to see how you can get some coaches in your world david. What are your thoughts on. I agree a hundred percent and i utilize this. But how do you avoid like the get rich quick guru who says i'm gonna make you rich overnight you'll pay me forty thousand dollars. Is that what you're talking about. Could it be what you're talking about. Like how do you view that. So that's not coach with that as a person who's trying to say i will help you accomplish what you want and help you avoid the journey to get there. That is what gurus capitalize on. They say if you buy my system if you pay your money if you buy these courses you won't have to learn how to build a business. You could just have a business. They make you believe that they are. You're buying a business from them from that forty thousand dollars. But you're not. They're still just going to give you the information that you have to go actually an act now. The best coaches walk you through the journey that you're trying to do and help you perform better so first off. The expense of the coaching is one. Big way that you can know that this is not legit. Now some coaches like tony robbins. I think he charges a million dollars a year. And if you're able to afford that it makes sense for you to go higher. Tony robbins is your coach. But tony robbins isn't going to tell you that he's going to make you're gonna make ten million dollars just because you spent that one million you're the one that's still go has to do it. So that's one of the litmus test that i have is when someone tells me hey if you buy this program you can get this thing if they're selling me the thing. I know it's not true. I'd be better off to spend that forty thousand dollars to go by the house. Then it would be to buy the
How to Make Money on Airbnb Without Owning Property
"Have john in julian joining us today. And we're going to get to hear both of their back before we dive into some real detail about airbnb awesomeness and let's start with john and john. Why exactly did you quit buying real estate instead. Billy business without owning property. What's the deal with that. Well it down to a couple of very important things where let's talk about cash flow and just being able to generate that cash. Well of course you know the old way to go in and buy multifamily and you know rented out in possibly make four to five hundred dollars a door if you're lucky and go about it that way while i found something Short term rentals specifically. That allowed me to go out and still do the same thing with the same property. But i can also accelerated by going out and still renting other people's properties in then calling in somewhere around fifteen hundred two thousand dollars a door out for that same apartment and then i would have great tenants right. I'm not looking at those tenants. That are just gonna kinda mess up the place and they're not their long term. The place stays absolutely great. It was the best thing that i found in. i could. I connect what. I would do it flipping a home if i had forty thousand dollars. Let's just say that was four units for units Four thousand dollars generated a month. I couldn't do that with a regular multifamily or rents or anything that way. This willing to stop fire
Ford's Big Bet: Fans of F-150 Pickup Will Embrace Electric
"For his formally unveiled its F. one fifty electric pickup truck the lightning port is making a big bet on the lightning president Biden got to test drive it this way the lightning will be able to travel up to three hundred miles per battery charge CEO Jim Farley says this is the path ahead we know this customer really well they trust us it if there's a company who's going to take them into an electric future it's sorta board may have a hard time selling it to people who build homes maintain lawn to plow snow Jimmy Williams owns a landscaping company in Chicago because we're working from twelve to fourteen hours every day all day yeah we don't have enough time to charge it up quickly here in the starting price for Ford's lightning is near forty thousand dollars I'm a Donahue
Gina Marks: Gypsy Psychic Con Artist
"Gina mark story gina. Marks is a psychic. She's a self proclaimed psychic that basically duped people out of well in this case three hundred and forty thousand dollars from about five clients. But it's said to be anywhere into the millions with her so she so we're gonna get right into this one so i'm going to start with a miss marx's background she is romani the started in florida so this is a florida story. You know high love that state. They're always got love it or tech. I know right like every single time. I don't know why those states just have all the fraud. i don't know maybe vegas to. I don't know but anyway. She basically grew up in her culture. Romani people so that's a nice way of saying gypsies a So because i thought all them you know they died out at some point in the eighteen. Hundreds i don't know but like i guess they're still around. Yeah in pretty who live and kicking so But anyway so she's a gypsy issues. The mother of three her family was actually involved in a lot of psychic fraud. Her mom was in trouble in the nineties. Oh yeah i mean. I noticed that as a pattern is well you know with all of our crazy fraud stories here that you know. There's always some sort of like family ties or just kinda runs in the family or something. I guess to be a c- fraudster. Now you you see what you see what. They're doing that and make sense. Oh they they're successful in doing it separate jail time. I don't know right. Yeah so she lived a lavish lifestyle of course and it is said to be that. She's profited in like the millions with all of our victims now. Her victims unfortunately a really hard to find because like a lot of them are so embarrassed by this. I
Pepsi's Number Fever
"Victoria. And where nato angelo. Where a couple living in manila in the philippines. They had a pretty hot life. When i worked as a rickshaw driver and the whole family lived in a tin roof shack but they had a dream. Tim hoffa talks about this in his cautionary tales. Podcast and that dream is that they'll win a very unusual lottery. The lottery is called number fever in the lottery. Numbers are printed on the inside of bottle tops on bottles of pepsi. They sat down every night to wash numbers drawn on tv. If the number from your bottle top was drawn in one grand prize you could win a million pesos. That's equivalent to about forty thousand american dollars. That is a lot of money in the philippines in one thousand nine hundred to a life changing amount of money for victoria and anita if they were ever to win it but of course. It's just that one grand prize. What are the chances they would ever win. What was the number. The number was three four nine one evening. They are watching the television and the lottery. Juries held on the number comes up and it's three four nine. They can't believe it. Got forty thousand dollars a million pesos. They the children can go to college. Anita doesn't have to work as a rickshaw driver any more it would be like winning a million dollars in the us. Today but pepsi messed up and eight hundred thousand bottletops printed with the winning number three four nine so for victoria and horta the way i imagine. This is the run out onto the streets to celebrate and everybody else is on the streets and they're celebrating too because they all have the number three four nine on their bottle tops. So they're all going to be millionaires. Yeah well you'd think pepsi was on the hook for at least fifteen billion dollars
Ditching "Active Investing" for More Passive Income Streams with Tamar Hermes
"Without further ado tamar hermes. I'll write tamar. Welcome to the bigger pockets. Podcast it is awesome to have you here. Thanks so much. Thanks for having me. Yeah so you and i. I counted about a year ago. And i learned a little bit. What your story. And ever. Since then i've been like tomorrow on the podcast so excited that we finally made this happen today and i want to learn more about you and that journey. So why don't we start early on. How'd you get into this idea of real estate investing. How did you get that. Get bit by the bug. So i when i was twenty years old i was an executive in television and i was making six figures and i thought. Oh wow. I've got it made but i knew better because i realized that i was exchanging time for money and that. If i didn't have that job i would basically be. I don't know i wouldn't be able to survive. And how i assert looking at my bottom line and it made me think about when i was fourteen and a half. I really wanted a car. And i grew up poor. I was the child of a holocaust survivor and i. I wanted that car. I was going to have to work for it. And so by the time i was sixteen i had saved five thousand dollars and cut to me realizing my bottom line. Which was that. I needed to figure out how to get rid of rent. That was the biggest expense. And so i took the forty thousand dollars that i had saved and i put ten percent down on a duplex in one side of it. Then i lived in one side of it and i lived in los angeles. I also lived within two miles of my work. Which made it really easy because your time can really get sucked up when you live far away from your job. Especially in la. That's awesome all right. so i got started. How do you what your that was like. How long is in aides myself a little bit but it was nineteen ninety eight ninety nine perfect. That makes you like twenty nine years old today. Thoughts twenty nine. I'm just just about thirty
Silly and Misleading Retirement Calculators
"I think the main reason people seem amazed at the idea of retiring at age. Thirty forty or even fifty is the lack of real information on early retirement. In general if you type retirement calculator into a search engine these days and enter some stats about yourself. You will find some very strange assumptions. That are guiding you to think you need an absolute load of money to retire for example. I was once working through such a guide in a magazine from northern. Trust a bank that caters to the wealthy. It went something like this. Consider your goals for retirement. What life events do you need to be prepared for. The following table lists average cost children's and grandchildren's university education. A hundred thousand dollars per child children's and grandchildren's weddings twenty five thousand dollars. Assisted care facilities a hundred thousand dollars per year. Medical costs funeral arrangements. Twenty five thousand dollars trust funds for loved ones esteem and legacy planning and charitable foundations. 'wow looks like you're well into the millions before you even get to buy yourself some groceries. Another retirement calculator on cnn. Dot com has various parts to fill out dropdown boxes pre filled with hand values like retiring at age sixty five and needing seventy percent of your maximum pre retirement income constantly for the rest of your life. The drop down box with seventy percent in it did not even offer a value lower than forty percent. This percentage of income concept is one of the most anti mustache ones out there if you make two hundred thousand dollars per year just before retiring this experience. Corrupt you so much that you need a hundred and forty thousand dollars per year for the rest of your life or is it possible to maintain the same luxury standards of a person who has a merely comfortable income like forty thousand dollars per year. This goes back to the ideas of the get what you need posting. I made recently and that is why not go for maximum happiness rather than maximum consumption. I propose that maximum happiness is achieved at a spending level where you live in a comfortable space. Eat healthy foods and get to do lots of active and stimulating things with friends. That doesn't have to cost a hundred and forty thousand dollars per year or even fifty thousand dollars per year for most of us the other assumption they push on people is a very low rate of savings they assume you will less than the annual limit on 401k contributions. And don't say much about what to do if you save more than that which the high income person mentioned a few paragraphs ago could certainly do so these banks and mutual fund companies will continue to tell you that you need millions of dollars to retire because it benefits them for you to invest your money with them. Luckily it's a harmless bit of tom foolery since the saving benefits you as well but the disservice they do is in scaring people out of dreaming to save faster or to think about much shorter time horizons like tenures instead of just plain old age. Sixty five so. I'll give you a quick retirement calculator of my own adult couple with no kids or whose children are. Grown can live very comfortably on forty thousand dollars per year and retirement. My own family lives very comfortably with one child on somewhere. In the twenty seven thousand dollar range you can shoot higher or lower depending on what level of luxury water pursue twenty. Two eighty thousand dollars is a good absolute maximum sane range. But if you don't want to calculate everything out just go for forty thousand dollars and figure out how to make your savings produce that for you for a single person. It might be difficult to slice in half because you lose some benefits from sharing a house in car but you can come close to quick early retirement budgets number one in early retiree couple lives on thirty thousand dollars per year. Earning five thousand of that combined in part time luxurious post retirement careers. The remaining twenty five thousand dollars per year is generated by their savings. Six hundred and twenty five thousand dollars of total savings are required to generate this amount of passive income using the four percent rule number two an early retirees single person leaves on twenty five thousand dollars. Earning ten thousand dollars on his or her many career. Fifteen thousand dollars per year is required from savings which calls for a nest egg of about three hundred and seventy five thousand dollars. I'm working on some much more detailed and exciting sample budgets using real numbers for my own spending experiences before and after retirement
Kylie Jenner Requests Donations To Pay For Stylist's Surgery
"My other who's back was kylie jenner. Once favorite card dashing was in the news. Her personal hairstylist. Had to get brain surgery needed like sixty thousand dollars and kylie jenner. A billionaire was nice enough to post on her story to go fund me for her personal hairstylist. Sixty thousand dollar surgery and she herself donated five k. Good for her. We wouldn't have ruckers at hit. We would not personally match kylie. Jenner's five thousand dollars. And i think that kylie can probably make the case that the exposure that she gave the go fund me via re tweet was probably worth. What two hundred thousand dollars. Is that kind of going right. So really her. Her hairstyles owes her Would that be a one hundred forty thousand dollars so she should expect an invoice for this. So she's just you know she's training for all the reasons
From $33k in Debt to $100k+ in Net Worth Through House Hacking & Smart Saving with Budget Girl
"Sarah. Welcome back to the show. I'm so excited to see you again. Thank you so much. I'm so thrilled to be here. Tell us what you've been up to the last three years. I believe in three years since i last spoke with you like on online. I've spoken to offline. Yes so last time i was on the show i had just paid off thirty three thousand dollars student loan debt on an average thirty thousand dollar income. I started at twenty six. And since then i have Saved a bunch of money and now have an over one hundred thousand dollar net worth and i am the owner of a duplex ashley. Hundred thousand air over here and if you haven't mentioned this earlier but if you haven't already go back and listen to episode six because it's just incredible i mean it's it's not the most debt we've heard paid off in the show but it's the most debt we've paid off her had seen paid off in the shortest amount of time relative to the income level that you had it's truly remarkable impressive feat and no surprises that you're becoming wealthy a few years later with the after after achieving that thank you it is. It's a lot more fun to build up the wealthy to pay off the debt. I'll tell you that and a lot faster too. That's really fun. Just grow compound. Interest is working for you or against you. Can you tell us a little bit about Just to catch up on the money story before we get into the review. You come a little bit of catch-up on the duplex potentially or any other highlights of the journey of the last three years. Yes so The duplex purchase. I actually have only had for ten months. So i bought it right when the pandemic started my i was wrenching and i was saving up for a property. 'cause i knew i wanted to do multifamily and i found the perfect place after shopping for a year. Right is the world went to hell so it came to the at a very good time because my rental apartment was actually going to increase three hundred dollars a month and so i started really seriously thinking like if i find the deal that where the numbers work. Let's go ahead and do this. So it was a two hundred thirty thousand dollar property in college station texas and it has three bedroom two bath on each side little backyard little three parking spots freeze unit very cute little things in a little subdivision near the campus texas a and m university campus in the direction that the campus is growing. So i very much anticipate that that will increase in value. And it already has. It's actually already to fifty after ten months. 'cause i just replied oh right i would point out that somebody else on this call also purchased in the path of progress and that would be scott not me because we have different investment styles but that is a really great thing that i think some people don't realize or take into account if the path of progress is going north. You did to be looking north. Because those are where the properties are going to appreciate at a faster rate than the potential path of progress than outside the potential path progress that nothing's guaranteed scott. Had a really great way to choose his property to and it was smack in the path of progress yeah parallel also my properties with two hundred and forty thousand dollars a very similar type of deal for us and even our cabinets are the same assault on instagram. Yeah the same exact cabinets that by my head but let me ask you. This is your property located what he said a path of progress in the best area. You could be living in right now if you were to purchase anywhere in the In a thirty mile radius not even close. But it's also not in the worst it's kind of a medium area. There's some older homes nearby and there's also a they just built like a walmart and a shopping center there and but more importantly texas owns so much of the surrounding area and they keep building in that direction. And i mean the university plans are on the website for free. You can go look at them and that like they're planning on growing in that direction so i could be just like a spit from one of their like giant new enormous buildings and a couple of years. Awesome in my understanding. Is your house hacking this. Yes so i am renting outside a i. Actually originally i inherited a hud tenant who is paying ten fifty a month. Her lease ended at the end of february. I m doing some fix ups on the project this month in march and i have a new tenant moving in april at twelve fifty a month also and i understand that you're crowd sourcing feedback on your remodel on instagram. So you can follow her at go budget girl and she really wants more opinions on how what color. She should paint the kitchen cabinets. A second. is that right. Oh definitely and the other parts of the house hacking of course is i actually so i have renters on a i live in but my boyfriend also lives with me and i charged him five hundred dollars a month in rent because nobody sugar mama i was. I was gonna say how did that him. That's still a good deal right. That's less than the other half the other side so like it's a three bedroom unit so we have an office and we share a bedroom. He has a lease that i worked for him. And we've both side with you know contingencies for things. It might happen. He didn't have a deposit he doesn't have pet rent and he essentially gets way more space than he would anywhere else in town for that price and due to that he's helping me with the a unit right now. He was mopping yesterday. While i was at work all right perfect it works out. But i'm glad there's the conversation and what's your mortgage payment on this It was originally just under seventeen hundred dollars a month. So i was paying one hundred fifty dollars a month out of pocket and but just reside and i was able to go down almost a whole point so my new mortgage is going to be fifteen sixty four so just under sixteen hundred so i'm going to be making one hundred dollars a month. That's fantastic. And so why did you refi. Generally it was it was it because of the Interest mostly or was there like pm. Is that you're able to shed or what were some of the things around that. Unfortunately i wasn't able to shed. Pm i quite yet. But i saw that interest rates were dropping. I was pleased with my rate. Got a three point six five right around the time that everything was going down and then it bumped up a little bit and i did. Fha loan so. I only put three point five percent down. Even though the property appraised for tenure. And more than i paid and even though it's now worth tango and more than that i'm still not quite to the level where i can shave off the pm. I but that's one hundred fifty dollars a month. And i find that to be worth it.
Using Amazon Fulfillment to Grow Your eCommerce Business with Michael Begg
"A lot of people who listen to the show are small business owners. Many are Web savvy perhaps maybe even web developers so they can probably build their own e commerce. I'm guessing using commerce. That's generally popular platform. I mean it's like a quarter of e commerce sites commerce so If they are you know if we have a small business owner who wants to get into kind of selling stuff online Maybe their own products. Maybe not right because you demonstrated that it doesn't necessarily have to be your own products. What are some of the things that they should think about. As far as research goes As far as like researching what products they want to sell or you know just kind of understanding how the amazon platform works. Let's let's go with kind of how the amazon platform works rate We had previous upset about drop shipping talked about kind of researching products. But if you have tips you know that was two years ago now and not talk here and there. I know a lot of things have changed. I mean the amazon platform is pretty straightforward. Obviously the consumer customer side is a lot better build out than the actual seller side. You know there's a lot of pain points on the seller side. There's a lot of people get frustrated with amazon. Just part of the process amazon is bill to serve their customers not their sellers. Which is its own thing But anyway you sign up with a professional account cost about forty dollars a month from there you upload your listings you need to have. Upc bar codes for your products. Need to purchase those from a gs. One those are about ten acts like three hundred dollars so it's not that crazy from there you can list your products on the platform and amazon will pretty much handle the entire fulfilment side of the sales if you want to again. If you don't have your own warehouse you fulfillment team or you don't wanna be packaging hundred dollars a day to go ship out yourself amazon's great for that you know using amazon. Fbi you can send all your inventory right in. They'll distribute it across the country closest to the consumers that are gonna probably repurchasing your products and then as the orders come in. They'll handle the shipping mail. The customer service in any issues on that end so super helpful. If you are small business any don't have the capabilities to really deal with the fulfillment and customer service aspects. Yourself if you do. I mean that's great. You don't need to use fbi also florida's directly from your warehouse but fbi deafening. Get you a little more visibility on the platform definitely helps you stand out more. Get the prime badge which is another very big selling point when consumers are shopping on the platform and bats more or less the basic steward. I mean there's a lot of other a specific niche things that we could talk about. That can help you sell more. But just getting set up on the platform is pretty straightforward and following those processes. You can pretty much do it on yourself on your own. Yeah for sure. So the kind of use cases. I'm thinking through right. Now is maybe we have like a maker who's creating their own stuff Or we have somebody who's may be looking into drop shipping or or Retail arbitrage i. Okay somebody who's selling other people's products and it seems like i if i'm making something i can. I can basically send it to amazon for them to fulfil or i assume if i'm doing some If i'm buying someone else's product in bulk i can have them send it directly to amazon is i. Is that how it goes or do i need to do. I need to me then. Intended to amazon. Yeah i mean most of the time we're going to have it sent to yourself or you're going to be seeing yourself in person and then you're going to be sending it to amazon. That's probably about ninety percent. There are some people that will send it directly amazon for you but it's a little bit more difficult to find. I see it really doesn't matter what size business you are having employees. There's there's so much potential. Here on the platform declined. That was literally a one person operation to start with. It started working with us a couple years ago. She was doing about fifteen twenty thousand dollars a month in sales. And you know two years later. She's doing three hundred and fifty thousand dollars a month in sales and now she's actually being able to build a team i mean she's she's making significant revenue. She has a significant team to help her now. And that's just one example of how quickly you can grow on the platform. You know how much you can scale a business. Just through the amazon sales channel. Yeah that's great until and this is Kind of reason we're talking about. This is because as a freelancer as a small business owner. You worry about when you're one big client says we don't need you anymore right like we wanted. Diversify our income and so Selling through amazon is a good way. Now i suspect of the listeners. Like me Do more kind of digital products. You mentioned that. You started selling books on kindle. I wanna ask you about that in the members only show sure But in general amazon. We're talking mostly about physical products. Here right yeah. For the most part the kindle side is just one piece of amazon there's a royalty based business so you create a digital content. And you're making money forever. I mean books. I published eight years ago or still right review royalties every month. So yeah that's just one way to do it but You know physical product businesses are also pretty easy to build platform in not that challenging to do on. It's not a fulltime job. Do it on your own if you have a few products that you're selling so and that's fantastic because the fulfilment is the hardest part. I don't have room in my house to keep inventory right. I've got two kids now. So i don't know that they're toys r. Where my inventory would be Now now the other part of this is that you your personal path has led you to creating amc advisers and you have you say you're running a remote team of thirty right yes. So let's let's talk about kind of how you built that team and then how you moved to remote right as right now. Listeners can see this. Of course. But i'm looking at you in an office with multiple desk but you're by yourself. I assume because we're recording this in the midst of a pandemic yes that would be a good assumption. Actually kind of a funny process that we went through. I mean it started with Definitely working remotely and then coming into his office and now now we're remote again because of the pandemic. Yeah i mean as a business. We started growing. It was myself into other partners in the agency star way than we were handling a lot of things ourselves. We were able to get to about forty thousand dollars a month and grabbing you with us stanley which was nice. I mean that was like ninety percent margin so that was a nice little payday. Then we realized if we wanted to actually take you beyond this build. Something that had some equity value or or something that could provide an exit in the future We really need to build a business. Not just be doing freelance work again. If you're relying on a lot of clients a couple of big clients that are really bringing in revenue. We kind of were It's there's a lot of risk. Hang your business model that way. Just put it that way so we realized that we had to start scaling. We started using. Birds will assistance in the philippines So that was one aspect of our remote worth team. Obviously there's definitely challenges with that time zone. Being one of the big ones we as an agency. We need to respond to clients quickly. We need to provide good customer service in dealing with time zone. Differences created a lot of issues around that sometimes so we continue to grow and i actually came to guadalajara. Was where my girlfriend. Why i'm still here And as we continue to grow we need more people so we started hiring client facing people remotely in the us and content team people here in mexico so doing graphic design content writing Administrative stuff things like that now actually started hiring client facing people here in mexico as well so it's just been a process of scaling like that. Obviously march twenty twenty hits in that kind of all changes The other pandemic comes in. Now everyone's working remotely in mexico now. We have eighteen people completely remote and it was. It's obviously a big change. I mean i know it affects people differently By we had a great offer community prior to the pandemic it was great like how people we worked with really enjoyed. And now i know a lot of people are missing. Adding that interaction with everyone impervious ended up the same talking through slack for example. But it's one of the challenges that that most companies are facing.
I Cant Afford One Bitcoin! What Can I Do?
"Bitcoin is hot. Stop amidst this current bull market. We've seen a rush of new users who like most new users have no what's going on and one question of particular comes up a whole lot that i wanted to talk about today. What do i do if i can't afford one bitcoin. I'm adam levine and this is speaking of bit point. Today's always i'm joined by the other host of the show. Andreas 'em and operas. Hello stephanie murphy. I am jonathan mahan. Hey thanks to all the hosts into you listener for sitting on today's session. So i was talking to some people new to the cryptocurrency space last week and they were talking about what they were looking at making the first coins and they said that bitcoin just cost too much that it was too expensive that even if they agreed with all of the fundamental values the changes that will happen in the world. How bitcoin is a hedge for that and that bitcoin was going to. Let's say three x or five x in the next ten years and they saw that is real that they just didn't feel like transferring their wealth into something that they would never have one that they would never have one bitcoin that even if they spent a decade doing everything they could they would only ever have less than one bitcoin as a failure state as something that like emotionally. They couldn't get past. And i started thinking about myself when i was in college. I learning about bitcoin. And honestly i don't know if bitcoin had hit thirty or forty thousand dollars instead of dollar if i could have seen it as something that i wanted to get into just because of that mountain cliff of believing in something but then feeling like a failure. Because you don't even have quote unquote one of it. What do you guys think about that. What do you think people should be thinking about when it comes to that. I think that's an important psychological marker that people check in with when they're thinking about do i wanna buy this. How much does it cost to buy. One of this thing and i mean the real solution to that is to reframe. You're thinking there's other units to measure bitcoin in lots of wallets denominate their balances in mila. Bits now which is one thousandth of a bitcoin and you can change that in the settings and so you know if you could afford one million. Bitcoin would you by that. What about wants to toshi. The units are actually quite arbitrary. And it doesn't help that. The news and everything reports the price in terms of one bitcoin but that is also kind of helpful for a very long term perspective to see that it went from being worth nothing up to you know nearly fifty thousand dollars. There's other things that exhibit similar behavior for example. Some stocks have extremely high unit prices. And of course you can buy fractions of them berkshire. Hathaway is a famous example of that other things that have this kind of tendency. Are things like precious metals. You know you don't say well. I'm not gonna invest in gold because i can't afford a whole kilogram bar. Well yeah i mean. You can't but that doesn't mean that you can't get an airing. It's still gold is just a different value. And the unifies works both ways so for example instead of saying why can't afford a bitcoin but i can't afford a bit which is millions of a bitcoin. You can't afford a bit and that has a nice name. It's not merely bitcoin. Which kind of makes it sounds like a bitcoin with too many feet. That's a bad greek joke. It's not a unit that has no relationship you could also just measuring soto. She's because we all know of course are the standard as i keep getting reminded and you could choose any arbitrary unit but you can also go the other way right. You could redefined for example. Ten bitcoin as a chad hike. Very few people can really afford to buy a whole chad. But could i buy one tenth of a chat of bitcoin or desi chavez. I prefer to call it it. Oh all of these things are completely arbitrary and you can torment yourself on way or rejoice the out there in a completely arbitrary way and this is the key here arbitrary. It's not rational to focus. On any specific unit and we have a word for things that humans do the deviate from rationality or norm and those are called cognitive by and this particular thing is called unit bias. It's of well known cognitive bias and is studied in psychology from a number of different perspectives. It's not just the. I want to own one bitcoin. It's also the if you give me a twenty four ounce cup of soda. I'm going to drink the whole thing. Just because it comes in that size even though i may be only wanted half of it or if you create a heaping plate of french fries or if you give me a giant bag of doritos i'm gonna finish everything. Unit biases be studied a lot in terms of portions for eating. Because it actually one of the things that drives a number of eating disorders because it's a cognitive bias. It's a bug in your ability to think rationally about certain situations and that bug can lead to behavior that is against your own self interest and so this is a normal thing to have unit bias and sometimes says expresses itself in hilarious ways like for example to jonathan's example of people saying well. I can't buy a whole bitcoin. you get the opposite. Which is people who bought into dosage and are looking at it at six cents going. Yeah we can get it to a dollar dollar while allowing me to answer that watson dollar. What you don't understand dear sir is that there are one hundred twenty nine does and they are produced at a rate of what is it. One point four million a day and so to get does to a dollar. It's total market capitalization would have to reach a hundred and thirty five billion dollars or basically where a theorem walls last week. Now i don't know how you measure the utility of does and even if you think cerium is shit. Coin will not that bad
150 Deals at Age 22 by Putting Relationships Over Profit with Cole Ruud-Johnson
"Goal. Welcome to the bigger pockets. Podcast man good to have you in the shed. Thanks for having me on. Manus good to be in person how to marry. Yeah so tell us a little bit about how you got into the wide world of investing. Actually before you do that. how old are you. i'm two and three quarters coming. Twenty-three in okay. So that's that's a very young age and and give us a quick before you got how how you got into real estate. Give us a quick look under standing. What do you do. what's your thing. I like sesame. I want to set the table comparable to know like like what you have right now. Can what your business looks like. And then we'll go into how you got into that. So how in depth. You'll get your just give us a broad overview of your current business so broad overview right now we have an off market direct sell the company and renton washington's way of an office two thousand square feet tales managers guys a whole team and right. Now we're doing ninety percent wholesale so to sell on those deals other investors in ten percent flips. We have three flipped going on right now bound so transitioning into that slowly but still primarily also okay and then tell approximately like much volume in a year. Do you do like the last year. Like what have you. What have you done like what kind of like red zone in the past year We do about six to eight transactions a month in the seattle area so before that we were in four different states that number was higher but right now back down six to eight and just comfy and of the three main counties around seattle so whatever that comes out to seventy eighty deals year. Wow okay. that's crazy. I did like i think three wholesales once in a in a five year period and that was i was impressed with myself. I'm still. let's go into how you got started. How'd you get in your young guy with that. Most people be jealous. Jealous of unwind. Yes oh growing up Grew up in real estate family. So my my great grandma started a brokerage called rude realty which one of the first broken all the seattle are. You d you d okay. Sounds yeah okay. are you d. that was abroad. No i've been practicing your name wrong. The rude we've hung out a number of times we've poker together. Yeah exactly and i called you root rud time just let it slide. Tell people the next time it's back to rhodes. He pronounces a lot of words wrong. But don't feel bad rough instead a roof magazine and stop produce anything on accident so she was kind of the she much my whole family in real estate so then my grandparents they did a lot of commercial stuff in seattle. They own a bunch of buildings. She was an agent and then my mom got in the business. She became an agent In my brother followed her growing up Anytime i wanted to make money or be involved at all. I was you know going with her to open houses but he signs out for the open houses and i was a staging she got a staging company on the side. So i was moving furniture around so it's always around the business in some way so transitioning to when i actually wanted to make make money nationally going real estate license at eighteen nineteen left school after semester and i absolutely hated hated hated or being a residential real estate and switch brokerages three times. Of course it was the brokers those a problem of course. I showed up to every sales meeting that with everyone else. That was not my fault shift. Have you still. I sat on facebook a couple of hours a day. Scrolled through few post. How they cold called my sphere which eighteen or nineteen. Yeah they tell you to cocoa your spirits. You're graduating high school soon. How's that how's that looking. You wanna buy a house yeah so it was brutal It was a was making like a couple hundred bucks a month. Just doing like showings rather agents. And then the third brokerage. I moved to was an off market company where they were doing every tuesday night. They'd bring a bunch of investors and and they they would show them what was going to be coming to auction that week and they'd pretty much done go to auction That's what they're running their company so i learned stats out of the business and how they are creating their own inventory at unlike. That seems like something. I can get behind because people don't care what my ages then eighteen nineteen twenty rather than seattle. Sono miller house. Yeah someone's going on here. Sorry and then couple nights later. Like i've learned about wholesaling. Buddy ra- applebee's semi origin story appetizers. We shared how good there's wings it was until i survived college. Right there and We're on instagram. And this desire to young guys in the area had posted this forty thousand dollar check on her instagram. And so i was like. What are these guys doing of they can do. We can do it kind of thing to the next day. He came to my My parents house is living our parents at the time and Up and they're pretty much. Attic started cold calling end for the next three months before we got a deal. We're just sitting up in that room cocoa every single day.
"forty thousand dollars" Discussed on KIRO Radio 97.3 FM
"To April employment security department commissioner Susie Levine says they found one point six million dollars in suspected fraudulent claims up from about forty thousand dollars and in the first two weeks of may she says things have only gotten worse so for the next few days we are going to be holding payment and during this time that will give us the opportunity we can validate plane as authentic the line says there's been no data breaches unemployment but she says there have been other large data breaches such as Equifax which could be linked to this increase in fraudulent claims governor Jay Inslee is optimistic more people will be able to get back to work soon but he told CNN this afternoon there's no guarantee he'll lift more stay at home restrictions June first we would like to but that is not a certainty is not written in concrete phase two of his plan to reopen the economy would allow dining shopping and car sales to take place inside businesses right now most are limited to delivery or pick up salons and barber shops would also be allowed to reopen in phase two and this Seattle barber tells Katie T. H. O. R. and meet their engine right now I'll have the people tell me the hook me up with double I've had people reach out saying obey them sanitizer before they come to me they're really looking to do anything to be able to come in and get a cat has a full size they will be social distancing only half of their hair stylist will be working at one time a big new drug study at the university of Washington medicine is seeking people who have just been diagnosed with COPD nineteen it is looking at people very early on study leader Dr and call your says they want to find out if giving patients low doses of two kinds of drugs will prevent hospitalization or death if you're tired of sitting around watching the grass grow tried growing mushrooms I'm a city dweller and I do it the key thing that you need a shady character mushroom logs in the shade and of people with force of properties have forest canopy cover that's ideal for that forced you professor Kevin Zobrist will be leading some of the free online courses speak it being offered by Washington State University over the next six weeks the motion going lesson is Monday at noon and seven other classes include ways to encourage interesting wildlife to visit your property and how to plant and care.
"forty thousand dollars" Discussed on 860AM The Answer
"Way Jackie this is how do you know where we're going this is what we're live in only it's with our economy with the economy and look he knows it's the wrong way Jonathan you mean to tell me on one side of your mouth things are great numbers but better look at the market and on the other side of her mouth we need to turn on the quantitative easing machine again and we need the fed chairman Ben I appointed he's the enemy now I mean I think that they don't know what's going on Jonathan because you know what you cannot manage socialism it is a lot I at the end just keep seeking yup and and and I like to think they see the failure Jonathan and you see it too don't you you look at it is also the prices internet it's impossible what we talk about you know ad infinitum during the Obama years how constructive observation was because our business people underneath you just talking about the billion dollars she owes me what do you want a small plumbing business and what should you hire that extra Geyer by that extra tropical maybe thirty or forty thousand dollars that's a lot of money for small business how can any business plan for the future with this type of economic policy which really does impact American bottom line of the ninety ministrations but or try to write it down who's paying for this care corsets Americans think of the parents to you don't matter what you think of the policy how can you can you can clear long term policies being made literally on a day by day ad hoc basis we were critical of it under Obama we should be similarly critical it under company are you shocked how we're not calling inflation inflation anymore you know it's what I love about this guy I do I love it because nobody sells it like he does it's phenomenal so in the beginning what he said today is that the American government has never taken in more money via terrace yet we have no sign of inflation do they not know that's inflation when you inflate the cost it's inflation you know it's true you know ash on and you know a lot of the president's defenders of according to the FBI for example that looking at this guy hasn't gone up since demonstrate that in on the station and there were seven because the prices at all but I could show you example after example of something is nine for examples grills the cost of grills over the summer holiday season one of about ten percent as a result of feel terrorist attacks Katie Morgan is estimated that these new terrorists when you add it all up could cost the average family of four thousand dollars a year especially when you consider thousand dollars after taxes what about thirteen hundred before taxes call us first rule of economics is there's no such thing as a free lunch president is weighing a tax cut for you coming election she didn't she really wanted to give Americans a tax cut to the care of something to the markets and the economy writ large respond very favorably it's like skilling's brothers doing the bookkeeping you're cooking the books for cats explicit I wanted to talk about your book hello can you show me the words of a conundrum now because the right and left a bowl six thousand these ideas these collectives ideas that were all in it together real Americans and it's all about the individual is on your right to your own life liberty and the pursuit of happiness that's what a new textbook of Americanism is all about let's take a textbook of Americanism back Tom features all the unreleased material by Iran not shall be sure to send a copy to you at the station now the morning thank you have a large out just a large not a triple Axel so you got any events coming up because I got to tell you something the I. in rand's institute for so all right to me she's one of the most important philosophers in American history so I'm up I'm a huge supporter if you have any events coming up that you're gonna be out speaking at the Odeon I'm on fox news shopping at fox news channel at work to our after noon with a show called bulls and bears all right sure sure the website which again is textbook of Americans and dot com speaking dates are published there and posted there and I know all of our listeners will definitely enjoy the box and you still have the capitalistic dot com correct definitely capital city got comments my for my investment firm stuff very busy with that but you know she showed me were losing this fight for liberty losing that capitalism we need to clone a couple dozen of you couple don't think he'll get him out there well that's what I'm saying and he can cause you should see this Facebook I'm really light now but I want to thank you so much for taking the time out of your day and it means a lot to me so thank you very much for everything you do thank you Jonathan you out a great afternoon Jonathan Hoenig ladies in German really you can't get enough of his stuff he comes from a from a position of honesty principles of fundamentals and we all be better off if that's how we talk about policies have shut up Jennifer Joe Walsh will be back polls brash brutally honest this is the G. O. wash program on this for if.
"forty thousand dollars" Discussed on Bloomberg Radio New York
"Forty thousand dollars another real estate news it's a billionaire's delight brokers are working harder to close mega deals and the top end of the LA market for example which relies heavily on foreign buyers from katar Bulgaria in China now I only owe me through a one hundred thousand dollar events with exotic pole dancers and a camel to entice buyers the asking price for the six bedroom mansion up the hill from Sunset Strip was still lowered by thirty six percent to thirty five million dollars even the fourteen bedroom twenty seven bath spelling it manner Salem only hills which at one hundred twenty million was the highest price ever paid in Los Angeles had dropped from two hundred million dollars Amanda Roday Bloomberg radio thank thank you for this great honor as CEO of this company I couldn't be happier with our accomplishments this year we achieve double digit growth we lost key personnel but we didn't miss a step I want to take a moment to thank one of our key partners serious executives when I first heard of serious I was a little skeptical what is an interim expected if when they told me one executive at one day a week can help us get double digit growth I was shocked I didn't even know that was possible and here we are twelve months later and serious will continue to be one of our key partners for years to come because regardless of the problems that show up in our business they always have an executive solution ready for us so serious thank you for a wonderful year higher executives as you need them on an hourly daily weekly part time intern for temporary basis series executive your internet.
"forty thousand dollars" Discussed on Newsradio 970 WFLA
"So the stories from ABC action news, and I find this fascinating. How this whole thing. Played out of Clearwater, woman dot she met, Mr. rights, but her search for love left her nearly forty thousand dollars in debt. Sharon Peterson thought she found love on. Okay. Cupid? The guy told her name was Victor. And he ran a Bank in Madrid. But three months later, she literally became his piggy Bank. So this is okay stupid. Not. Okay. You basically apparently there were some phone conversations mixed in and things like that. She said I feel really comfortable with them. He's attractive. I loved his voice. So Victor spends months wooing her. He said he was gonna move to Clearwater and marry her. He even gave her a copy of his passport as proof of his identity that right there. I stopped. Things because back in the day. Maybe you could get away with something like this. You never asked to FaceTime. You're just communicating over the phone old is she again. I don't have an eight year because not like, you know, twenty anywhere from twenty one to forty forty five. You're probably going to say, well, let me let's video chat. Let's face whatever, it is Natalie as as the female of a group here the woman that group would you continue to carry on this relationship just over the phone for months without ever doing a video chat or something if the person's overseas, it sounds like it's like a catfish honestly trying to get your identity. I don't care what they say. They're not even able to like FaceTime. There's so many outlets doesn't matter. No. Maybe not so much when there weren't all those options. Now, there's a million options. There's no reason not to at least do a FaceTime to you. Could you could start dating and talking to somebody overseas,.
"forty thousand dollars" Discussed on 106.1 FM WTKK
"To be about forty thousand dollars worth of the drug. Investigators think the box have been auctioned off by the post office, which is how it ended up at the consignment shop in the first place. This isn't the only time recently that drugs have been disguising kids gear police in Ohio sees some similarly disguised drugs in February. When to lunch Ables boxes spotted in a vehicle during a traffic stop turned out to be concealing more than four pounds of cocaine. Fully cattle. This is the thing that happens is if we didn't have to be vigilant enough as parents deal, and of course, my kid's right into that. Right. That Legos zone right now, we don't normally by the used ones. Even though the ones are ridiculously expensive reason why you should probably magin. Hey kids open this box desk. A run down to the convenience store. Just grab some milk and bread and stuff right back. Yes. Well, then daddy. This is Astros consequence figures, and in a story that was practically made for us to discuss Gordon. Big news in the fast food world today. And order of Newt nuggets is frazzled Facebook Cording, the Fox News last Friday a Facebook user Dame, Samir Jaffrey shared a photo of what appeared to be McDonald's mcnuggets separated from their crunchy. Outer shell Joffrey than asked his followers if they to like to peel their mcnuggets in the following day's post caught fire now with over twenty five hundred or you action most of the angry face variety and twenty thousand shares and the comments well, many of the over five thousand comments have not been kind to Mr. Jeffrey OMG, what is this was a typical response for many. This is going to give me nightmares now comment or claimed others shared their outright disgust with both vomiting gifts and emojis while several threatened to call the police on Jaffrey also called book called both a sicko and a psychopath. To be fair. Some didn't brace the idea with one woman claiming she used to do the same thing when she was younger and some giving Jeffrey props for the wide range of sauces. He had at his disposal. Four different sauces in the picture. Okay. In front of the new nuggets and the shelves just kinda screwing around around them. Okay. Now, if he feels that this is the best way to sample the sauces. Yeah. Okay. Cleaner pallet by taking reading. Taste the pureness of of the second or whatever they use in that. I wanna see that once though, right? I don't wanna hear about that. Again. I can see how people saying we give them nightmares because people really don't wanna know. What's underneath the breading of mcnugget? Don't just to see what the mcnugget looks like bear. Like, that's why they're the size. They are. Yes. So you don't bite them in half an examine exact pop the whole thing. And we have maybe one.
"forty thousand dollars" Discussed on KLIF 570 AM
"Forty thousand dollars, and you say just one percent on your interest rate. They'll save over two hundred dollars each month in interest, call Texas dot com. Take advantage of these lower rates right now at nine seven two three eight seven forty six hundred go online and apply right now. Texas lending dot com. Forty one hundred roads we three hundred dollars Texas, seven five to four and MLS number one three seven seven seven three equal housing lender to six. Wasn't installed by the time experts. It was probably installed wrong makes that day the difference. Hotspots noisy systems electric Bill. Six percent tune. We install right at the on time experts dot com. Did you know that every dollar you? Invest in real estate makes you money five ways. Cash. Flow money in your pocket each month equity capture the thousands of dollars you create when you have the right team and buy the right property using the right map appreciation real estate can increase in value over time equity buildup renter's, pay down your mortgage each month and finally the tax advantage when done correctly real estate investors, pay no taxes on our cash flow and capital gains at lifestyles unlimited. These are the five ways we make money in real estate, which is why real estate accounts for more millionaires in the world today than any other investment vehicle. You should have some real estate in your portfolio to learn how to attend a lifestyles unlimited free workshop. Call eight six six nine seven one eighty nine seventy or go to L U idealist dot com. And register for the next available workshop that's eight six six nine seven one eighty nine seventy or go to L.
"forty thousand dollars" Discussed on Biz Talk Radio
"Dollars and the average house over there is selling for two hundred and twenty thousand dollars. It needs about thirty thousand dollars or forty thousand dollars worth of rehab work. Okay. What they will do is this. You give them a rehab budget and the cost of the home. And usually when you go in and do that you put it at twenty thousand dollars over. So if you think is going to be a hundred and twenty two bind rehab, it you tell them you need one hundred and forty just in case something pops up. All right. They give you a hundred and forty thousand dollars cash, you gotta pay the money back in ninety days. And it has the interest rate of about thirty percent on. This is how they getting the capital to do this. All right. But at the same time is going on their business credit report as a loan this being paid in full time. So as strengthening their business credit, so they can go they find the house. Let's say they find a house this worth two hundred fifty thousand dollars and average house over their self a six hundred thousand dollars is take another one hundred thousand dollars to rehab the house. They can go get three hundred fifty thousand dollars of heart cash to go buy rehab that house and sixty and ninety days later, they paid all completely sold the house. So this is how they're doing the flipping of the houses and all this other stuff without having no money because if you can build up your business credit, you can go to the private Linda's. And if you've got good credit, the private lenders that do the same thing, which you know, they just wanna know the equity in house was the value of the equity house. How much is no cost to be rehabbed? And how much is the price of the house? So this is what they do. See they make they money because you're guaranteeing them. A thirty percent return on what they loan. That's how they make. They money SE. The reason why they will lend you the money is because you get the line of credit, and it's tied into the equity of a heart essence of of a of a home or business. This is this is why you want to build your business credit up. This is why you'll favorite president foul. Bankruptcy all the time. And it never affected him personally because everything was on the business line of credit. It was never owned his personal line of credit even with the loans that he got for his for his hotels and everything else. All that low money is on his business line of credit not on that personal line of credit. Okay. So you you you really have to look at it. Like, it's a it's a nother. Social security number for you. That you can use. To establish and build credit. So you wanna look at it in that sense. You want to think about it in that sense? Because this is what people do every single day. You'd be like me. How are they doing this? How they afford to buy a five hundred thousand dollar house rehab it like that. How did they learn how to do? This is how they learn..
"forty thousand dollars" Discussed on KTAR 92.3FM
"How can I help? Okay. I'm recently, divorced. I have two high school, boys. I have Quadra find that. I'm trying to decide if I should liquidate pay off debt and put it towards my mortgage, or if I should just roll that Quadra. Uh-huh. Into an IRA and deal with the debt on my own financial peace university. How much that? Is forty thousand dollars and the mortgage is one seventy nine that's the only. Okay, you have forty thousand plus a one seventy nine mortgage. What's your what's your income? Eighty five thousand and possibly a bonus. But that's not guaranteed. Okay. Kicked me up to one hundred but I just Bank on eighty five. Now, how long have you been doing this job? Four and a half years. How many times have you not gotten a bonus? Twice. Okay. Zero bonus twice and zoo and got a fifteen thousand bonus twice. Well, let's say the last two years, I did get it. So I'm hoping that trend will continue. Okay. Is that based on the company or your performance? The company because it's oil gas industry, so kinda decides. Gotcha. Okay. All right. Kind of what kind of debt is the forty thousand. Twenty thousand car loan and twenty thousand credit cards. Okay. And how much is in the Quadra one sixty seven hundred sixty seven thousand and I did take off time for the boys and their little semi retirement in my 4._0._1._K by one hundred eleven thousand. Okay, good, you're fine on that. You're tracking. Okay. We just need to get the debt cleared up. So that you've got a little more breathing room to start investing again yourself. I'm gonna try to leave it alone. You don't have. I mean, if I remember correctly, there's no penalty for caching it. But there is certainly taxes is that what you've ever acted. Yes. Okay. No penalty because it's still in the Quadra. I have a rolled-over yet run, but you would have taxes on it. If you roll it, obviously, you put it into a penalty situation there, right? But that's not the case today. One hundred sixty seven. I'm going to leave it there. You don't you can leave it there for a little while. Right. Yes. And I could take partial Al doesn't have to be the full amount. One new that. I mean, we can take out enough just to pay off the forty which is all we would do plus taxes. Take about sixty out of about one hundred left give or take. Yeah. Here's why I'm going to let it sit there without rolling it. So that you can get to it if you have to but with this in mind, then let's let's get on a tight budget. Let's get game on let's chin strap on the helmet rightless lean into this. And let's pay the forty thousand off. So you don't have to mess with it. When you do that, then roll it to an IRA. But if you look up and two years later, you're still not doing all this and you're still struggling, and you're still, but you shouldn't be you make enough to pay forty off. I mean, I can financial peace university. So I'll get even more disciplined, you know, show. So let's say this by this time next year. If you don't feel very confident you're on your way to finish this off. It's gonna probably take eighteen months to two years to do it. Okay. But with a couple of kids a single mom doing this at eighty five give or take plus fifteen if this time next year. You make re look the decision. And if you feel stuck still this time next year. Yeah. Take some of that money and pay this debt off. But I think you're going to be so far along on paying it off the and so confident that you're gonna be able knock it out without touching it that then you'll make the decision to roll it. Okay. So you see what I'm doing? Yes. Long whatever I mean, it doesn't matter whatever you wanna do it. But but the point being let's get let's get your confidence in the numbers and in the traction, and the progress that you're having towards the debt reduction before we make the decision to either cash or roll it. That sounds good. And if that's if that's eight months, if that's twelve months is not a magic number. But I'm looking for enough. You got your feet under you long enough that you go. I can do this race. Yes. That's all. I want here. Hey, you're on target. You're going to do a whole lot better than you thought. Your your rock in it. I mean, you're eighty five thousand a year you got control your own target. You know what you're doing? You're making your money by. I mean, you you're gonna win aren't you? I am. I'm really excited about just being smart with my money and getting debt free. Eventually it's my goal to were excited for you. We're proud for you. Good job. Well done open phones at triple eight eight to five five two two five. Greg is on Facebook. He says, Dave, I got I term life insurance policy. What happens at the end of the term does coverage cease? Yes. You can re up it. But it's you it should really expensive in ridiculous. You're better off to buy a new term policy if you're insurable at that time. What does that mean? I don't have insurance. Good. That's why we tell you about fifteen to twenty or level term. Let's say you're thirty years only about a twenty year level term policy, and you have a three year old and a five year old. Twenty years later, you have a twenty three year old a twenty five year old there should be growing gone. So you don't have kids to worry about. If you die twenty years later, your house will be paid for because we tell you never to take out more than a fifteen year fixed rate loan, and even if you do that you ought to pay it off early using the baby steps twenty years later, you will have been investing in your 4._0._1._K getting the match in your Roth IRA in good growth, stock mutual funds, and you'll probably have six seven eight hundred thousand dollars, if your typical you might have more. So let's get this straight. You got seven hundred thousand bucks, you're in your fifties. The kids are grown and gone. The house is paid for and you die without life insurance. You think she's okay? I think she's okay. By doing financial planning and becoming debt free. You have..
"forty thousand dollars" Discussed on Talk 650 KSTE
"Okay. I'm recently, divorced. I two high school boys. I have a Quadra find that. I'm trying to decide if I should liquidate to pay off debt and put it towards my mortgage, or if I should just roll that quadrille into an IRA and deal with the debt on my own. Peace university. How much? Is forty thousand dollars and the mortgage is one seventy nine. That's the only. Okay, you have forty thousand plus a 179 mortgage. What's your what's your income? Eighty five thousand and possibly a bonus. But that's not guaranteed. Okay. Pick me up to one hundred eight just Bank on eighty five. Now, how long have you been doing this job? Four and a half years. How many times have you not gotten a bonus? Twice. Okay. Zero bonus twice. And and got a fifteen thousand dollar bonus twice. Well, let's say the last two years. I did get it. So I'm hoping that trend will continue. Okay. Is that based on the company or your performance the company because it's oil gas industry kinda decides? Gotcha. Okay. All right. Kind of what kind of debt is the forty thousand. Twenty thousand car loan and twenty thousand credit cards. Okay. And how much is in the quadrille one sixty seven hundred sixty seven thousand and I did take off time for the boys in their little semi retirement in my 4._0._1._K by one hundred eleven thousand good, you're fine on that. You're tracking. Okay. We just need to get the debt cleared up. So that you've got a little more breathing room to start investing again yourself. I I'm going to try to leave it alone. You don't have. I mean, if I remember correctly, there's no penalty for caching it. But there is certainly taxes. Is that what you've heard? Yes. Okay. No penalty because it's still in the Quadra. I haven't rolled it over yet Ryan, but you would have taxes on it. If you roll it, obviously, you put it into a penalty situation there. But that that's not the case today high hundred and sixty seven. I'm gonna leave it sit. There. You don't you can leave it there for a little while. Right. Yes. And I could take partial Al it doesn't have to be the full amount that I mean, we take out enough just to pair the forty which is all we would do plus taxes. Take about sixty out of about one hundred left give or take. Yeah. Here's why I'm going to let it sit there without rolling it. So that you can get to it if you have to but with this in mind, then let's let's get on a tight budget. Let's get game on let's chinstrap on the helmet rightless lean into this. And let's pay the forty thousand off. So you don't have to mess with it. When you do that, then roll it to an IRA. But if you look up and two years later, you're still not doing all this and you're still struggling, and you're still, but you shouldn't be you make enough to pay forty off. Can I just started a financial peace university? So all get even more disciplined. Yeah. So so let's say this by this time next year. If you don't feel very confident you're on your way to finish this off. It's gonna probably take eighteen months to two years to do it. Okay. But a couple of kids a single mom doing this at eighty five give or take plus fifteen if this time next year. You make a relook the decision. And if you feel stuck still this time next year. Yeah. Take some of that money and pay this debt off. But I think you're going to be so far along on paying it off the and so confident you're gonna be able knock it out without touching it that then you'll make the decision to roll it. Okay. Did you see what I'm doing? Yes. Yeah. Long whatever I mean, it doesn't matter. Our fast you wanna do it. But but the point being let's get let's get your confidence in the numbers and in the traction, and the progress that you're having towards the debt reduction before we make the decision to either cash at a roll it. That sounds good. And if that's if that's eight months, if that's twelve months is not a magic number. But I'm looking for a Nuff you got your feet under you long enough that you go. I can do this race. Yes. That's all. I want here. Hey, you're on target. You're going to do a whole lot better than you thought. Your your rock in it. I mean, you're eighty five thousand a year, you got control you're on target. You know what you're doing? You're making your money, babe. I mean, you you're gonna win aren't you? I am. I'm really excited about just being smart with my money and getting free. Eventually it's my goal to were excited for you proud for you. Good job. Well done open phones at triple eight eight to five five two two five. Greg is on Facebook. He says, Dave, I got I term life insurance policy. What happens at the end of the term does coverage cease? Yes. You can re up, but it's you hugely expensive in ridiculous. You're better off to buy a new term policy if you're insurable at that time. What does that mean? I don't have insurance. Good. That's why we tell you about fifteen to twenty year level term. Let's say you're thirty years only about a twenty year level term policy, and you have a three year old and a five year old. Twenty years later, you have a twenty three year old a twenty five year old there should be growing gone. So you don't have kids to worry about. If you die twenty years later, your house will be paid for because we never take out more than a fifteen year fixed rate loan, and even if you do that you ought to pay it off early using the baby steps twenty years later, you will have been investing in your 4._0._1._K getting the match in your Roth IRA in good growth, stock mutual funds, and you'll probably have six seven eight hundred thousand dollars, if your typical you might have more. So let's get this straight. You got seven hundred thousand bucks, you're in your fifties. The kids are grown and gone. The house is paid for and you die without life insurance. You think she's okay? I think she's okay by doing financial planning and.
"forty thousand dollars" Discussed on News-Talk 1400 The Patriot
"Forty thousand dollars insurance companies are focused on their bottom line. But he's our tech is focused on yours. Typically getting many times what you would get on your own. You wouldn't go to court without a lawyer don't file a claim without as attack for an absolutely no risk free consultation. Call eight five five claim five five that's eight five five two five to forty six fifty five eight five five claim five five. The patriot FM one zero one point five AM fourteen hundred w Detroit. The Salem media group on the NASDAQ as SA L M are from townhall dot com. I'm Courtney Griffin. President Trump has upset both liberals and conservatives with his proposal to end the partial government shutdown. Here's White House correspondent, Greg Clugston. Hoping to strike a deal with Democrats, President Trump pitched his immigration plan as one of compromise. And for some conservatives that's a major problem commentator, Ann Coulter and others complained that the proposal amounts to amnesty for undocumented immigrants on the other side. The senate's top democrat rejected the president's plan for dreamers. Senator Chuck Schumer called it one sided and simply more hostage taking Greg Clugston, Washington. Amtrak says it expects to have all of its trains back at a full schedule Monday after a weekend of cancellations and delays caused by the winter storm as it rolled through the midwest and northeast among the lines impacted where the Acela express runs between Boston and Washington empire service between New York and buffalo the lake shore limited that travels between Chicago New York and Boston and keystone service between New York, Philadelphia and Harrisburg, Pennsylvania anthrax. Travelers should continue to check on their train status on the Amtrak website or smartphone app. The three call terminals in Virginia's Hampton roads region saw double digit increases in exports last year, but the global economy that shows signs of slowing worries some analysts here is correspondent rich Thomasson to give us the latest. The Virginian pilot reports the biggest coal exporting port in North America finished eighteen nearly forty three million tons a twenty two percent rise from seventeen and what experts call a gravity defying ninety one point one percent rise from twenty sixteen exports did drop a bid on the fourth quarter. But one analyst says that doesn't mean it was a weak quarter. Rich Thomasson reporting more on these stories at townhall dot com. Patriot mobile wants you to know that you can get a great deal while spending zero of your hard earned dollars liberal causes. As President Trump has said, we're in a crisis..
"forty thousand dollars" Discussed on KNST AM 790
"The Transportation Safety energy has run out of funds that means TSA security screeners that airports are not getting paid unusual numbers of those TSA screeners have been calling in sick CSI screeners only make twenty four thousand to forty thousand dollars a year in a roughly thirty thousand dollars a year. So these security employees have been looking for other jobs jobs with more reliable employers, which is dangerous the majority of terrorists trying to enter the USA come through airports. Let me repeat that terrorists. Do not enter the USA through the border with Mexico. They come by plane. So for the sake of a shutdown. We are less likely to spot terrorists when they tried to enter our country on another national security level. It's the major American weapons and military companies that are hurting the most they are losing two hundred million. A year. They can't get export license or two hundred million dollars a day sorry per day two hundred billion dollars, and they can't get export license license. This religious big arms exports that Donald Trump so favors. Meantime, there is the economy when companies like the aerospace companies are not able to live up to their profit projections that tanks their stock, and when a few stocks tank a lot of other stocks tank, we have had a tanking of two thousand points in the last two months, huge downturn. And if we don't play this, right? The impact of the economy could be a recession that actually we were due for three years ago and today's Howard it's not being played right at all this. This is truly mess. Thank you applications for home mortgages jumped by the most.
"forty thousand dollars" Discussed on 860AM The Answer
"Now, this part of our show, we'd like to talk about retirement success stories. So why don't you explain what you have for us? Yeah. Well, just going to talk about a client that retired here in September. And she was outside salesperson and what the new tax law, man. She lost about forty thousand dollars unreimbursed employees expense type write offs that. She was getting and yeah, just didn't make sense of her at work. She was planning on retiring actually last couple of years, but kept saying working a little bit more work a little bit more. So. It's always nerve racking. It's so funny for people the first couple of months. Where am I gonna get money? How's the money coming in where deposits because just that whole switch from not having a paycheck to, you know, having to fear out where you're creating that paycheck. And now we've got it set up. She's now realized that she's all totally comfortable. We've got some guaranteed lifetime income she she turned on social security so between the guaranteed lifetime income that we set up several years ago for her. And the social security's pretty much beating all her costs all her fixed type of expenses. And so really her market money is more just for fun stuff to you know, what type of trip is. She going to do next is she going gonna do the river cruise or she get into your trip around the US, or whatever it is. And so by having that can diversity of money having some of the steady income money coming in that's helping over cash little have since carotene money for life coming in and then having the market money. Just be there when you need it for maybe she'd already bought a new car, but in five or ten or fifteen years, I'm sure shot to get another car at some point. So all those types of things, and and really that. I mean, that's one of the best things about my job is watching people make that shift. Yes, something we'd kind of been working for almost a decade getting prepared for and then making that and it's always a little nerve racking. There was a couple freaked out emails in between all the bunny committed this month where where's it coming from her? There's always a little bit of anxiety around that. And that's totally natural. That's what I enjoy walking people through it helping them figure out. This is the way you should be going. This is how you should be doing this because they set these up. Hey, y'all taking care of your okay? But it's still a little nervous at first. And then then you get calm. And then you can hey, this is fun. I'm enjoying it. And. I can do so much more stuff down then get involved in all sorts of things. So that's what we do. We create that blueprint to worry less. Well for people we're able to let them worry less about their finances. Their portfolio more about having fun. Enjoying life's doing the things they've always wanted to do and really the first and foremost, sit down and create that income plan. How are you gonna have that money? How's it going to last us your life? Then we'll go into that investment plan and say, okay. Yeah. What what assets should I be in to get this income? And that's what we're able to do for her. And then look at the tax ramifications along the way, how do we minimize this? How can we have some Roth maybe and regular tax stuff? And then look at the healthcare issues along the way how you pay for healthcare, and such and then who's going to get my assets when I'm God. So that's the five areas of the blueprint Oriels wealth. We did for her. We were able to make her through retirement and get her there Nashes enjoying life. So that's something we do for you. All you do have to pick up. The phone message. Cepa time no cost the obligation eight hundred four five four eleven eighty four again, eight hundred four or five four eleven eighty four eight hundred four five four eleven eighty four or go online to wealth, greater radio dot com..
"forty thousand dollars" Discussed on Tech Policy Podcast
"That. It was forty thousand dollars to hit to them before. And now we say there's only two thousand devices that's about twenty dollars a device. The the exact math works out to something like roughly thirty bucks a device. When you consider you exact number that they currently have on a backlog risk, they've already gone into an exact choices. You're somewhere that neighborhood of about thirty dollars a device. That doesn't seem like a really high bar to meet if you really want access to that data, if it's so important for law enforcement to do their job and to get that information, if the cost is really come down to about thirty bucks, right? And the more devices they wanna get into all that costs continues to fall. That doesn't seem like it should be that high threshold to meet great thirty bucks contributed done. We move on. It seems really odd then to say, American companies, we need us to spend millions each when we could just solve the problem on our end for about thirty bucks an incident, right? Even if you said that you needed to have redundant capabilities, two or three or four of these. So maybe four different things per device. And so now the cost goes up by four x, one hundred twenty bucks. If you're at one hundred twenty bucks, you're saying that the data isn't worth you having to spend a hundred twenty bucks than wise. It worth having American companies spend millions of dollars each to engineer. This is first of all the consumers into very vulnerable position. That's right. So you're asking these companies to spend a lot of money on a capability. They don't necessarily need. You're asking them to spend a lot more ongoing maintenance and investments around securing that back door capability. And then you're also saying, hey, we're gonna potentially weaken the entire American public security at the same time because we didn't want to spend on hundred twenty bucks all this. Again, he sends you make as much sense, right. So does it cost. Argument to consider their. I'm not downplaying what law enforcement is saying. I'm sure there are some instances that they will be able to bring forward that they would say, hey, look access in this nation would have better helped us not here to debate that part. But there is an interesting costs narrative to consider. You know, you came to the information after the fact you realize you need access to the information on this device. If what it's gonna cost you is somewhere from thirty to one hundred twenty bucks even if it was double that. That seems like it should be worth it versus the cost of having these companies. Pre-emptively build all this infrastructure and technology in security than weakens everyone else's security along the way. Civil liberties lawyer. You're preaching to the choir because I think what people also should consider is how huge is alright privacy in our four from member writes in general, the protections that it grant says, how much it means. We're gonna have a lot of clocks play out in the next year or so, and s noon technology. Innovation happens. It's gonna be new questions and new Ingles of old problems. So we hope to have you back to answer some deep questions in some millennial questions about Snapchat, hopefully in the future you so much joining show. Probably mash. So you can follow tech freedom on Facebook, Twitter, and any other major social media applause from at tech freedom, please leave us our view. So others can find a show easily. Thank you for listening. The tech palsy hot cast is produced distributed by tech freedom a nonpartisan nonprofit. Thank thank in Washington DC to learn more about our word. Make a tax deductible donation or find other episodes. Find this online at tech freedom dot org.
"forty thousand dollars" Discussed on Off The Vine with Kaitlyn Bristowe
"You're like, oh, miracle baby needs together. Kindergarten across inside forty thousand dollars. It's time the crazy thing. And you. Premier. He tried to, I hear you. It was a new ova new level of like, oh, people, DJ count. Sameness can eat shovel. They long is you built myself twice a day. I do agree that you deserve it like, I do totally think that you of all people deserve to be super successful from being famous because I think you can handle it because he enjoy it and because you have the personality for it. And because you have such a frigging like Heidi, it's like the most understanding, loving greatest human of all time. So it's like you guys just like everybody knows. It's already going to work no matter what it's not like he'd be putting your relationship in jeopardy like you guys just have such a good thing and you do, you deserve it. You really do. Podcasts give you that clip on. Make it your alarm. Oh, hi, you cry. Hey, I'm not working holding all growth. No, I am. You can sneak through NAR. I know I'm idea that it is true. I literally like, who are you? Sorry, angel swear but said it before I was, I really was not element to get married. So young wasn't as my style, but I was like, oh my God, this hiding it. She is from another planet, you know, science you are. So that's an and now like I didn't know until the kid. Like what level of like, can you imagine really and though people are like that. So as I've always moms shaming stuff that you know, so insane like a used to instead I read about it, but I didn't imagine how are you silent or might I like whoever you are out like parents, I would never think I be him or common on like, oh, let tell somebody how to be like so that so. With and she's like the best mom like I've seen it firsthand. She that for loosens reopen Brin rides. You cut him too much, and I can't let them grow up like he's term minds. What are you talking about? And I appreciate every reshape everyone turns of not to anyone, but like Heidi, I guess air close it will be paid with call her a attaching parent because she doesn't sleep train. Whereas homemade way ever works for our like if Heidi, imagine those people that that judge her. Imagine they got judge like imagine how he was like, I can't believe you sleep train. They'd lose their mind and Heidi Fleiss of how can come since I've, I know that a lot of nights you together, not nice you affecting you way more that you than nicer can't right. I can balance on. I keep to myself like, Wow, I've never tight below like. COPA you toast, but like anybody I don't care about like, you know what I mean?.
"forty thousand dollars" Discussed on Chris Hogan's Retire Inspired
"I have two more years of college and after college I'm expecting to have a be seen, come in my field of study, and I'm gonna have about forty thousand dollars in student loan debt. Didn't really start listening to you, and Dave feel really a couple months ago. Good. But I wanted to see if you think that I should boss thinking about maybe putting a thousand or two thousand dollars into a Roth IRA over the next two years and whatnot grow. And then once I start making good money, I think I could pay off that debt pretty quickly and they're at the school. Looking at this, so Sean, you're doing an internship right now. Are you, do you do this while you're going to school? I know did over the summer just over the summer. So when you are in school, you're a fulltime student yet. Okay. Do you work at all while you're going to school now? Now now I really. Okay. On on studying. How many hours are you taking in school? This coming fall, the eighteen credits. Okay. Teen cribs. That's pretty decent load. Looking at this, you know. And again, I wanna call you on a couple of things. I would say, you know, with the money you have saved up. I think that that is a, that's a big deal. Gives you an opportunity to be able to have a cushion and to have some money to live on. Do you live on this money? You're saving right now during the school year. Okay. My parents pay for my housing, so I really have small expenses while I'm at school really. Okay. Food and then a little bit of hanging out money. Okay. And so do you budget at all? My friend I haven't really started. 'cause I've only I've really only listened to you Dave for the last month or two months. That's good though. Man, I'm proud of you at your age and listening and being plugged in gives you a great opportunity and you're also working in the summer to be able to save up money because you're planning, you know, you wanna be able to have money to be able to live on and do some things on the school year. The big thing would be this Sean. I'm gonna be honest with you. Is you said you, you know your, your parents are paying for housing. You've got the answer Larry things, but you mentioned some student loan debt, and you know, forty thousand, and that's that's a big chunk. I want you to have a conversation with your parents and really start to talk about what can you do over the next two years? Like what are some scholarships and grants that are available where you're going to school that allows you to be able to plug in. So you don't have to add to that forty thousand dollars in student loan debt. You see, we've got that number that's there, and we need to keep that number right where it is. It is, but we gotta make sure we're taking care of these next two years. And so their work study programs, you can go by the financial aid office and talk with them about scholarships grants because those applications, all for scholarships and grants have timeframes. And so while you might not be able to get it in time for here for the fall, what you can do though is be prescriptive enough and a head of the game to be able to have things ready for the spring. So let's focus on these next two years of school. How do we do this with cash? How do we do this with scholarships and grants? So we don't turn that forty thousand student loan debt into eighty. And so I love your heart that you're focused on wanting to invest, but you're not there yet. You know, we gotta make sure we're taking care of business. I and you taking care of these next two years, what scholarships and grants then you get out and you get intentional, you budget and you get focused on tacking that forty..
"forty thousand dollars" Discussed on The Reboot Podcast
"Was a big paris pathetic nervous system reset unfortunately that's not experienced that you're having and there is this belief system when we can get into that space this belief system that someone out there has the answer they're just not telling us right i mean there are these like you know counselor tv shows where you know the entrepreneur goes to the goes to the wise person who says you know what you've gotta do is change the menu and the and the restaurant will survive it's like okay would that life for that right and sometimes there is a just a you know a tweak you can do and fix that you can do but more often than not it's a complex system of interrelated experiences you know in two thousand and one some crazy assholes fleiss mayor planes into the world trade center they changed the economy in two thousand eight you know the the mortgage crisis you know precipitates are recession in the economy i mean who knows what tomorrow's going to bring this is the right there is no ocean without the waves this is it this is all that we've got and and you know my my shortterm advice is lean into that which is purpose unit to that which is what makes gearhead separate from and unique from anything else that is out there in the space nin into the unique gorgeous malaj that is michelle church of what's it called church of the vine man church of the divine man meets tattoos meets hot rod meets the whole panoply that is michelle gearhead and bill and we in into all of that because the alternative is for you to somehow try to be somebody else and i can speak from my own personal experience that sucks that sucks so this is who you are this is where we are try to remember the things that you do have they may counterbalance the crushing blows of gearhead not unfolding the way you'd wish it to involve possessed have any residents completely makes cry oh that's not a bad thing what occurs to you as you think about crying i just keep thinking about something my dad said to me and you know he no he wants the best for me my father's very very famous very successful scientists and i know he wants me to be happy and successful at one point he said to me well you know to school go get the job at costco they pay forty thousand dollars a year full benefits like just go do that and i remember thinking when he said that to me pain of sickening i just felt like throwing up and crying and vomiting all of the same time like like i found times rather keep leaning into the things about cure head that are fulfilling and and satisfying and live in poverty then go in work and a machinery it's like i don't i don't warming person i wanna be me i want my dad to be proud of me i want him to you know feel okay that i'm going to survive i think you said it well your i think your dad wants you to be happy he wants his daughter safe right that's that's that parenting impulse safely say form and happy and to be fair to the folks who work at costco there are probably some amazing experiences for them as well gratien meant the question is not costco or not costco or starbucks starbucks the question is is this the suit of clothes that i meant to where or not and and i hear you choice that you're making is the choice for the entire whole mcgilla the full catastrophe is drawn cabinets in the folk catastrophe of particular life that is a hard choice to make and i on or the fact that you're making that choice in honor the fact that it's difficult choice and i am not implying that i know which toys is the right choice for any individual where chew or anybody listening to this conversation i just want to honor the fact that making that choices difficult and.
"forty thousand dollars" Discussed on The Dave Ramsey Show
"You pay off your home but then you turn around and borrowed forty thousand dollars now we we bought an airstream my husband and i have had the dream borrowed forty thousand dollars much more than that oh we bought a brand new airstream after the homeless paid off because we want to travel the united states so there's a large purchase but it's something that we want to give to children and making give to the grandchildren and so on so another some controversy over that but there's forty thousand left to pay off and i think it's fine what is the airstream morph it's about ninety thousand eight thousand ninety the the what is your total net worth what's your house worth i say seven fifty how much is in your retirement accounts that's the thing there isn't anything the goal was to get the house paid off before we paid into a retirement counts of that's like i said twenty five thought you said he retired he's retired at the end of this month old is he it'll be fifty five so how are you retiring with no money well he has a pension and that's always the pension large pay the taxes on similar for thousand dollar home in california okay all right because you have about almost a tenth of your income invested in something that's going to go down in value rapidly that you bought for pure consumption which is the share stream and i'll give you your great great or your grandkids don't want a fifty year old airstream so i don't give your your grandkid.