MM016: How to Find Your Side Hustle

How to Find Your Side Hustle | The Modest Millions Show

I’ve been known to have an idea or two for a side hustle. Some are ridiculous ideas. Some are impossible ideas. Some ideas are so far-fetched I don’t know how in the world I came up with them. And then some ideas are solid, feasible, actionable and ambitious. These are my favorite. The fact is, when you’ve got a side hustle you’re working on, you have more options that can help fund your future. Today’s episode covers some rules to follow and a few idea starters so you know how to find your side hustle.

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MM015: How to Create a Money Binder

How to Create a Money Binder | The Modest Millions Show

If you manage your family’s personal finances, what would happen if the worst happened and you were no longer “available” to manage the household finances? In our house, I manage the finances, and Mrs. Modest is perfectly okay with that. If something happened to me, I don’t know if my wife would know the location of all our assets. Enter, the money binder. In today’s episode we talk about the importance of a money binder and how to create one today.

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MM014: The Simple Math of Calculating Inflation in Retirement

The Simple Math of Calculating Inflation in Retirement | The Modest Millions Show

Figuring out how to calculate how inflation affects your retirement savings is made out to be a super-complicated process, requiring advanced math skills. What’s frustrating is that calculating how your retirement savings is impacted by inflation isn’t all that difficult. In today’s episode, we talk about the simple math of calculating inflation in retirement. 

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MM013: The Power of Small Dollars for Personal Finance

The Power of Small Dollars for Personal Finance | The Modest Millions Show

There’s this misperception out there that you need to have a bunch of money socked away before you can invest in either a retirement account or taxable account. Some of this advice comes from popular pundits who promote a debt-free-first lifestyle, some of it comes from the legacy model of investment advisors that only work with clients with a minimum threshold of investable funds. The fact is, the sooner you start investing, no matter how small that number is, the more exponential the growth of your nest egg. The math is crazy!

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MM012: Price is What You Pay Value is What You Get

Price is What You Pay Value is What You Get | The Modest Millions Show

As a proud budgeteer, I’ll be the first to admit that I say “no” more often than I say “yes” when it comes to budget decisions. But sometimes, you need (or want) to flex your budget to make room for various purchases. So, how do you figure out the best option? It’s easy to look at the bottom line and make a decision from there, but it’s more important to make a decision based on what’s the best value, rather than the best price.

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MM011: A Tribute to Moms

A Tribute to Moms | The Modest Millions Show

Let’s take a quick departure from our regularly scheduled personal finance programming to talk about moms, specifically about the two most important moms in my life, Mama Modest and Mrs. Modest. It’s because of the money management principles that my mom (tried) to instill in me early on in life that set the foundation for my interest in personal finance and money management. So, today’s episode is a quick tribute you, Mom.

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MM010: Setting SMART Personal Finance Goals

Setting SMART Personal Finance Goals | The Modest Millions Show

That which is measured improves. Easier said than done when you’re trying to figure out your personal finance goals for the next 30 years. So how do you keep you personal finance goals on track? It all starts with SMART goal setting. In this episode we’ll work through the foundations of setting big and small SMART personal finance goals so you can stay on track to reach your modest millions.

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MM009: Being Happy with “Having Enough”

Being Happy with "Having Enough" | The Modest Millions Show

Society encourages us to work hard so we can keep working our way up the corporate ladder so we can ultimately find success at the top. Along the way, we’ll see our income increase and almost inevitably so will our lifestyle. But, as we’re chasing happiness and always looking for more, what happens when we realize that happiness might have been at our heels the entire time. It’s time to put our personal and financial goals ahead of what society tells us our goals should be.

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MM007: Tax Day Takeaways

Tax Day Takeaways | The Modest Millions Show

Today is Tax Day in the U.S. It’s a day dreaded by many, but hopefully this year’s tax season was relatively stress-free and free of any major surprises for you. As we wrap up one tax year and plan for the next, it’s time to look back at what you would have done differently and make some Tax Year’s Resolutions for this coming year.

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