DiscoverListen Money Matters - Free your inner financial badass. All the stuff you should know about personal finance.
Listen Money Matters - Free your inner financial badass. All the stuff you should know about personal finance.
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Listen Money Matters - Free your inner financial badass. All the stuff you should know about personal finance.

Author: ListenMoneyMatters.com | Andrew Fiebert and Matt Giovanisci

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Honest and uncensored - this is not your father’s boring finance show. This show brings much needed ACTIONABLE advice to a people who hate being lectured about personal finance from the out-of-touch one percent. Andrew and Matt are relatable, funny, and brash. Their down-to-earth discussions about money are entertaining whether you’re a financial whiz or just starting out. To be a part of the show and get your financial questions answered, send an email to listenmoneymatters@gmail.com.
463 Episodes
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If you are interested in personal finance, you’ve probably heard the term timing the market. There is some debate about whether market timing is a good investment strategy or something impossible, or nearly impossible to do. You probably can't time the market. Unless you’re Warren Buffett which you are not.Even if you’re just a casual observer of economic news, you hear a lot of questions about what’s happening with the stock market or the housing market. These questions create a lot of speculation, but what should the average investor which most of us are, should be doing with our investments based on all of this speculation and crystal ball gazing?By not timing the market are we losing out on price movements that could net us significant market returns? If we’re on the brink of another Great Recession does the buy and hold strategy that LMM has been preaching from the beginning still stand? Should we stick to our index fund or should we all become day traders? It’s enough to make even the soberest long-term investors second guess themselves.We’ve attempted to address some of these issues with our Golden Butterfly, Recession Fire Drill and Investing in the Age of Anxiety episodes. But those episodes have generated some additional questions from listeners about investment decisions and timing the market. We’ll tackle those questions for you.Full Article HereShow NotesAlien Church: A New England style IPA.Cheap Cologne: Matt's own Kolsch.Learn more about your ad choices. Visit megaphone.fm/adchoices
If you run your own business, you go to great lengths to make sure that your business is a profitable one. Both Andrew and Matt run their own businesses. They regularly go over their accounting to see if the businesses are spending too much money and if they are, where? Do the profit margins need to be increased? How much money is being held in reserve in case of a period of lower cash flow?But how many of us do these things and ask these questions when it comes to our personal finances? We watch every penny going into and out of the business’s bank accounts but we’re much more cavalier about our personal bank accounts. It’s the weird dichotomy where we will sometimes say mean or rude things to friends or loved ones that we wouldn’t dream of saying to a stranger.Perhaps it’s because it’s easier to be objective about our business than our personal life. Ever how much you consider your business to be your baby, a part of you, it’s not you. Your life, which your personal finances are a big part of, is you. Your business is a thing but you’re a person and people have desires. You’ve never treated your business to a new pair of shoes or an expensive dinner out. How about yourself? Exactly!The question we’re asking is if you looked at your personal finances as if you were running a business, would you still be in business? You already run a profitable business, let’s focus on becoming a profitable person.There are seven principles to becoming a profitable person. We’ll explain each one.Full Article HereShow NotesTen Fiddy Barrel-aged Imperial StoutTor Triple Black IPA from Norway Black Ball or BaleLearn more about your ad choices. Visit megaphone.fm/adchoices
All Things Gold

All Things Gold

2019-05-0600:43:12

Some people who are hesitant to invest in the stock market are willing to invest in gold. Why? Gold is tangible, you can see it, hold it, and keep it right in your own house (or bunker). You can buy it from some guy in a late night infomercial. You can buy it with images of the fallen Twin Towers on it. Or an American eagle.You can’t say any of that about investing in the stock market! When you own stock, you don’t own a tangible thing. You have to deal with some slick stockbroker if you want to buy and sell it (you don’t). And stocks don’t come in a limited edition collector’s box.LMM hasn’t discussed gold very much in the past and like a lot of you, thought it was something only Doomsday preppers were interested in so not really relevant to us or our audience. But while doing research for the Golden Butterfly episode, we learned some legitimate reasons for investing in gold and none of them are related to the zombie apocalypse that is surely coming.Many of our listeners wanted to know more about it too, why and how to invest in gold. We got a lot of emails asking questions. You asked and we answered. This is all things gold.Full Article HereShow NotesNorthwestern University CFP Program - Prepare for a career as a financial planner Learn more about your ad choices. Visit megaphone.fm/adchoices
We know that none of you likes to think about death, but it’s inevitable, and you have no idea when. For the majority of us, the most important thing in our life is the well being of our family. We work hard for them; we take care of them. But how can you do that when you’re no longer here? By establishing a trust fund and a will. Don’t wait; there’s no reason to. You can finish reading this, spend a few minutes and a few hundred dollars and make sure your family is taken care of. Because what else is there?Full Article HereShow Notes18 Watt Session IPA: An IPA from SingleCut. Fruh Kolsch: A German-style beerLearn more about your ad choices. Visit megaphone.fm/adchoices
We love getting listener questions and we’ve had a lot recently so it’s time for 5 awesome questions from you. We’ll cover bond ETFs, the books we love, transitioning investments, long term investing, and retirement planning.Thanks, Everyone!We really appreciate your questions. After nearly seven years of episodes, we sometimes feel like we've covered everything but you all always throw something new at us. And if you're wondering about it, lots of other listeners are too. That's why we do these 5 questions episodes, so we can address your questions to a wider audience. Keep them coming!Show NotesLittle Sal: A sour aged with blueberries.Fruh Kolsch: A fermented beer.Learn more about your ad choices. Visit megaphone.fm/adchoices
Fear and anxiety are two different things. Some of us fear investing because we don’t know how to invest and that’s understandable. Investing can be intimidating. It has a language all its own which seems foreign to beginners.There are plenty of people who have a vested interest in making it seem more complicated than it is. If you don’t think you can possibly understand how investing works and how to invest successfully, you are more willing to pay someone else to do it for you.And perhaps the reason we fear investing most, it’s our money on the line. If you get it completely wrong, you can lose money, a lot of it. People who are anxious about investing don’t necessarily fear it. They speak the language, they’ve educated themselves on how to invest well, and they understand that while you can lose money, over the long haul, you make money when you invest.The anxiety is tied to the things going on around us that we can’t control. A recession is coming and probably sooner rather than later. Many investors in their 30s and 40s remember the impact of the last big recession all too well. Jobs lost, homes lost, retirement savings decimated.Automation is going to eliminate not only jobs but entire industries. And wages have been stagnant since the 1970s. When you put all of these things in a big pile, well, you can see why people might feel anxious.But we have to overcome our anxieties just as we have to overcome our fears. Investing in the age of anxiety is tough, but we can do it.Full Article HereShow NotesGoose Island Bourbon County Brand Stout: Aged in Bourbon barrelsAun Mas Cafe Jesus: Evil Twin BrewingBroke Millennial: Where you can find all things, ErinLearn more about your ad choices. Visit megaphone.fm/adchoices
Marie Kondo and her brand of decluttering and organizing are everywhere right now so we thought we’d hop on the bandwagon. And it’s not really much of a stretch. Our finances can become as cluttered and chaotic as our homes.But the consequences of disorganized finances can be much worse than those of a disorganized house (unless we’re talking Hoarders level of disorganized). When your finances are a mess, it can cost you money. Late fees, returned payment fees, deposits for utilities.Organizing your home and your finances have another thing in common. Neither is a one time job. If you let it go for too long, the job becomes completely overwhelming. But if you just do a few little things every so often, a big job just becomes a series of small tasks many of which can be taken care of in just a few minutes.Get ready to Marie Kondo your finances so they spark joy!Full Article HereShow Notes Goose Island Bourbon StoutOak Aged Stout Vanilla Dogfish HeadLearn more about your ad choices. Visit megaphone.fm/adchoices
The Infinite Banking Concept

The Infinite Banking Concept

2019-04-0100:44:392

If you’ve ever heard of using your whole life insurance policy (whole life as opposed to term life insurance) like a savings account to borrow against for personal use, then you’ve heard of the Infinite Banking Concept (IBC) - whether you realized it or not.The idea behind it advocates becoming your own bank by leveraging your whole life policy for easy access to cash while sidestepping high-interest payments from lenders in the form of loans.The main point of the IBC is that you lose money to creditors on the various loans you take out over your life. Things like:MortgagesCar loansCredit cardsCollege loansAll of the above examples will deplete your wealth over your lifetime in the form of interest payments.What the IBC advocates is by aggressively saving your money in whole life insurance, you could use that money to fund big-ticket items like a house or college tuition with your policy and not lose money to interest payments. It’s like an interest-free loan.In essence ~ Be your own bank.Full Article HereShow Noteshttps://www.ommegang.com/beers/game-of-thrones/https://infinitebanking.org/about/https://www.whitecoatinvestor.com/a-twist-on-whole-life-insurance/https://www.whitecoatinvestor.com/debunking-the-myths-of-whole-life-insurance/https://www.investopedia.com/terms/w/wholelife.asphttps://www.insuranceandestates.com/pros-and-cons-of-the-infinite-banking-concept/https://www.m1finance.com/Learn more about your ad choices. Visit megaphone.fm/adchoices
Help, I Need Money Now!

Help, I Need Money Now!

2019-03-2500:43:543

Did you know that almost half of Americans would not be able to come up with $400 to cover an emergency? And if ever there’s a genuine ‘need money now’ situation, it’s an emergency. If that isn’t shocking enough, 25% of those earning more than $100,000 are among that 47%. Sooner or later it happens to the best of us; you’re in a position where you need money now. If you are in a jam and need to come up with extra funds in the short-term, don’t stress out just yet. We’re here to help you make money today.It's scary to be in this position, and you might be tempted to do things that will make the problem even worse. Take a deep breath and read on. We are going to help you find the money you need.Full Article HereLearn more about your ad choices. Visit megaphone.fm/adchoices
Today on the show we have New York Times bestselling author and founder of I Will teach You To Be Rich Ramit Sethi on the show to talk about Mastering Psychology.If you follow all things personal finance, you know the name, Ramit Sethi. He wrote the best selling book, I Will Teach You To Be Rich and it was published at the worst point of the financial crisis in 2009. Ten years on, 98% of the advice in the book is still applicable. The recipe for getting rich doesn't really change very much over time.Now on the eve of its tenth anniversary of his first super successful book, comes a significant cover-to-cover revision. At the core of the revised book is Ramit’s shows you step-by-step how to beat banks and credit cards at the fee game, automate your savings and investments, negotiate a raise, manage student loans, and enjoy vacations and other things you love by practicing conscious spending. Full Article HereShow Notes18 Watt Session: An IPA from Beer Smiths.Technicolor Splendor: A Double IPAYou can preorder your copy of Ramits' new bookhere.Learn more about your ad choices. Visit megaphone.fm/adchoices
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Comments (10)

Arielle Sargent

Great content, love your podcast! Also you set off my Google speaker when you asked what the weather was and I was in a different room 😂

May 25th
Reply

jason cole

love the show

Apr 11th
Reply

theodore calhoun

i just wish i had found you guys earlier in life i might have had more stability. as it is i love your equilibrium of great info and bullshitting it makes for a great listen

Mar 5th
Reply

William Ryans

Can you guys do a review on M1

Feb 10th
Reply

AJ Munn

miss Thomas :(

Nov 21st
Reply

Ricky Stephens

great episode

Nov 18th
Reply

Adam Archibee

Ricky Stephens o

May 24th
Reply

Allen Roy

Have you guys heard of Dogs of the Dow? Top Ten dividend paying stock investment strategy

Nov 4th
Reply

Robert James

Finally a segment for the 99% of us who don't have a ton of money to get started in investing. Most podcasts about investing are talking as tho you have 100k in the bank.

Oct 30th
Reply

Dana Ashley

Is there a dash button for condoms?

Oct 29th
Reply
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