Afford Anything

Afford Anything

podcast.affordanything.com
You can afford anything, but not everything


How to Stay Safe During the Reopenings
Jul 9 • 16 min
Welcome back to PSA Thursday, a mostly-weekly segment in which we talk about how to handle money, work, and life in the middle of a pandemic. This week, we focus on life and staying safe when venturing outside of your home. Many of us are…
Ask Paula: How Do I Pick the Right Mix of Investments for My Retirement Portfolio?
Jul 6 • 66 min
#264: An anonymous listener, whom we call “Mary,” is curious about the auto-rebalancing feature offered by M1 Finance. Is it too good to be true? J isn’t happy with the target date retirement fund she chose for her 401k. She has limited options…
PSA Thursday: The History of the PPP — and 4 Extra Relief Options for Entrepreneurs
Jul 2 • 29 min
Here’s the sordid history of the Payroll Protection Program, plus four additional options for getting pandemic relief as an entrepreneur. In this episode we share the following resources for small businesses: Economic Injury Disaster Loans (EIDL)…
How to Build Financial Resilience in 2020, with Dr. Brad Klontz, financial psychologist
Jun 29 • 67 min
#263: It’s been a tough year, and we’re only halfway through it. Today’s guest has insights and actions to help you build financial resilience in 2020. Not only will you emerge from the events of this year stronger, you’ll also face future…
Ask Paula: I’m Taking a Mini-Retirement in a Pandemic. What Should I Do?
Jun 23 • 54 min
#262: Tyson is taking a year off of work and plans to devote some of his time to domestic travel, volunteer work, and bolstering his rental property portfolio. He originally planned to travel internationally, but won’t due to the pandemic. How does…
PSA Thursday - Your Complete Guide to Donor Advised Funds
Jun 19 • 26 min
For more information, go to
Why I Quit My Job in the Middle of a Recession — Interview from Lessons from a Quitter
Jun 15 • 57 min
#261: I quit my job at the beginning of a recession and made it work. Two years ago, I did an interview with Lessons From a Quitter explaining how. Given that so many community members want to leave their jobs for something better in the future,…
PSA Thursday - How Does the CARES Act Impact Student Loans?
Jun 11 • 28 min
Welcome back to PSA Thursday, a mostly-weekly segment in which we talk about how to handle money, work, and life in the middle of a pandemic. In this episode, we cover how to manage student loans in the midst of the pandemic with Travis Hornsby, a…
Ask Paula: Should I Fire My Financial Advisor During a Pandemic?
Jun 8 • 61 min
#260: Katelyn wants to fire her financial advisor and move her investments from mutual funds into Vanguard index funds. Should she do this during the pandemic? Or should she wait? Marisa asks: can you invest in a Roth IRA if your income is…
How to Lead with a Vision, with Michael Hyatt
Jun 5 • 71 min
#259: Leadership comes in all forms. Whether you’re a small business owner, a manager or department head at work, or the head of a volunteer organization, having a crystal clear vision is critical to success. Without a clear vision, you’re likely…
PSA Thursday — Actions Speak Louder Than Words
Jun 4 • 7 min
We have muted the podcast thusfar this week, in support of the #amplifymelanatedvoices movement and in support of the #theshowmustbepaused movement. We have assembled a list of resources that highlight books, websites, podcasts, nonprofit…
PSA Thursday - Your Guide to Giving: How to Donate, Volunteer and Practice Spontaneous Kindness
May 29 • 23 min
Let’s start with the good news: the majority of U.S. households, 6 in 10, donate money to nonprofits and charities, and 1 in 4 adults in the U.S. volunteer their time and talent. The only way our society is going to get through the struggles and the…
Ask Paula: Can I Quit My Job Before I’m Financially Independent?
May 25 • 56 min
#258: “Burned Out in Boston” wants to reach financial independence. But she’s not sure she can stick it out in Boston much longer. She and her husband want to move to an area that doesn’t have many job prospects, and they want to make this…
How to Stop Screwing Up Our Finances, Even in a World That Leads Us Astray — with Dr. Dan Ariely
May 18 • 61 min
#257: “The checking account is like the trash can of personal finance.” Today’s podcast guest, the famed behavioral economist Dr. Dan Ariely, is not a fan of checking accounts. Or supermarket end caps. Or anything that distracts us from…
PSA Thursday: How Can I End 2020 in a Stronger Position Than I Started It?
May 14 • 31 min
How can you find business and investment opportunities in today’s tough pandemic bear market? What should you do to emerge from 2020 stronger than you started? We cover 7 specific, immediate actions that can set you up to succeed in this recession….
Ask Paula: Bonds Are Tanking. Should I Switch to Real Estate Instead?
May 11 • 79 min
#256: Jon is wondering if now is a good time to move his RRSP into a tax-free savings account, given the market downturn. He knows you can’t time the market, but the opportunity is tempting. What should he do? Laurel’s question revolves around the…
PSA Thursday: How Is The Pandemic Affecting the Housing Market?
May 7 • 19 min
Before the pandemic, the U.S. housing market was strong. Home prices were at historic highs. Borrowers were more qualified than ever, with two-thirds of mortgage originations going to borrowers with excellent credit. As of January 2020, delinquencies…
How Your Personality Affects Your Finances, with Dr. Sarah Stanley Fallaw
May 4 • 73 min
#255: When a crisis hits, do you stay calm and collected, or do you launch yourself down a rabbit hole of worry and worst-case scenarios? When the stock market spirals downward, do you shrug and stay the course, or do warning bells explode in your…
Ask Paula: Should I Invest During the Pandemic?
May 1 • 79 min
Lydia earns income as both a 1099 contract worker and a part-time W2 employee. She filed for unemployment as a W2 worker, but can’t find information on how to file as a contractor. Is there a process contractors can follow to file for unemployment? …
PSA Thursday: How Bad Is the Stock Market Crash?
Apr 30 • 28 min
Welcome back to PSA Thursday, a segment in which we talk about how to handle money, work, and life in the middle of a pandemic. Today, our focus is on money - specifically, the stock market. Why did it crash in March? What effect did that have on us…
The Thinker’s Guide to Market Volatility, with Dr. Steve Wendel and Sam Lamas
Apr 27 • 69 min
#253: Dr. Steve Wendel is a behavioral economist and the head of behavioral science at Morningstar, an independent investment research firm. Samantha Lamas is also a behavioral researcher at Morningstar. They discuss the hidden biases in our decision…
Ask Paula: Will the Stimulus Cause Massive Inflation?
Apr 20 • 78 min
#252: The government issued a $2 trillion stimulus. How will that affect the economy? Could we endure massive inflation or hyperinflation? Bradley kicks off today’s Ask Paula episode with this timely question. What inflation rate will we see in…
PSA Thursday: 31 Tips to Stay Productive as you Work From Home
Apr 16 • 59 min
Download the 31 Tips to Stay Productive as you Work From Home at
From High School Dropout to Successful Entrepreneur, Author and World Traveler — with Chris Guillebeau
Apr 13 • 67 min
#251: Do you love the idea of making money on your own — without a boss? Can you imagine deciding how you spend each day? Are you bored and looking for a challenge? Do you love the thought of adventure? Today’s guest, Chris Guillebeau, knows all…
PSA Thursday: How to Build an Emergency Fund During an Emergency
Apr 9 • 39 min
A weekly segment in which we talk about how to handle money, work, and life in the middle of a pandemic. Here’s how to build an emergency fund during an emergency, and how the bear market affects your investment strategy.
Ethical Investing 101, with Dr. Jon Hale, Head of Sustainability Research for Morningstar
Apr 8 • 70 min
#250: Should we invest in sustainable funds? If we choose sustainable funds, will our investment returns suffer? Will our expense ratios be sky-high? What drawbacks might we face? How do we know that these funds are actually ethical? And what…
How to Talk to Your Parents About Retirement and Beyond — with Cameron Huddleston
Apr 3 • 74 min
#249: I’m recovering from Covid-19 at the moment, so I couldn’t put together a new episode this week. But in honor of the First Friday of the month, I wanted to re-air this interview with Cameron Huddleston, which we originally aired in August 2019….
PSA Thursday: I Tested Positive for Coronavirus. Here’s What It Feels Like.
Apr 2 • 26 min
Paula describes the experience of having Covid-19, the illness caused by coronavirus.
Covid-19 and the Bear Market
Mar 25 • 62 min
#248: We are living in a time of extreme uncertainty. Many of us are questioning how we can best use the funds we have to survive it. “Should I sell the funds I have invested in the market, or keep contributing?” “Should I continue with my…
OMG Monday: Welp, I Have a Fever of 102.3 Degrees
Mar 23 • 5 min
It’s Quarantine Day 10, and thank goodness I’ve been staying in, because yesterday I learned that I have a 102.3 degree fever. I don’t know if it’s Covid-19 or if it’s a fever with extraordinarily bad timing.
PSA Thursday: Social Distancing is Social Solidarity
Mar 19 • 20 min
A new segment giving tips to help flatten the curve and manage your money during this global event.
Ask Paula: Is the Stock Market Going to Crash in 2020? How Should I Invest in a Bear Market?
Mar 16 • 95 min
#247: Caroline wants to buy her first home in Denver, CO. How can she calculate how much mortgage she can comfortably afford? Anne plans to retire later this year on rental income (woohoo!). She’s saved up a hefty emergency fund for her properties,…
Pain, Grief, and the Pursuit of Financial Independence, with Jillian Johnsrud
Mar 9 • 68 min
#246: At 19 years old, after completing her first year of college, Jillian married her husband. During their first year of marriage, they lived in a camper and earned a combined salary of $12,000. One year later, Jillian’s husband graduated…
Ask Paula: I’m 24 and Won a $1 Million Settlement. How Should I Handle This Money?
Mar 6 • 80 min
#245: Joe has a 24-year-old friend who won a $1 million settlement. How can she use this money to set herself up for financial independence? Jay is 52 years old and wants to retire at 59.5. He began investing in individual stocks to achieve this goal,…
Why I Quit My Job with No Savings When My Wife Was Five Months Pregnant (and What Happened Next?!), with Grant Baldwin
Mar 2 • 77 min
#244: Grant Baldwin felt burned out. He worked as a youth pastor, which felt like a 24/7 profession. He had to attend student events held late into the night, which left him exhausted. One night, he came home to find his wife crying. She told him that…
Ask Paula: How Can I Retire in 10 Years with Rental Properties?
Feb 27 • 73 min
#243: Adam is 23 years old and wants to achieve financial independence as quickly as possible. However, he’s nervous about investing in the stock market and real estate. How can he overcome his fears? Paris, age 35, has a similar question. She earns…
The Art of Trusting Your Most Dangerous Ideas, with Ash Ambirge, The Middle Finger Project
Feb 17 • 72 min
#242: Ash Ambirge grew up in a trailer park in Pennsylvania. She never met her father. Her disabled mother, who raised her on government assistance, passed away when she was 20. Her childhood goal? To join the middle class. She dreamed of becoming one…
Ask Paula: Should I Raid My Retirement Savings to Pay for School?
Feb 10 • 86 min
#241: Anton wants to accelerate his flight training so he can get hired within two to three months, rather than two to three years. He has to raid his retirement savings to achieve this. Should he? Linda and her husband have their eyes on early…
10 Questions to Master Successful Investing, with David Stein
Feb 7 • 78 min
#240: Are you investing, speculating, or gambling? What are the three drivers of asset performance? Are you aware of who’s getting a cut from your investments? Do you even know who’s on the other side of the trade? David Stein is the author of…
Ask Paula: Should I Put My Student Loans in Forbearance? Should I Buy a Vacation Rental? and More
Feb 3 • 81 min
#239: Lo is in a good spot with her career, but she’s struggling with a ton of student loan debt, and consequently, credit card debt. What should she do to manage it? Anonymous wants to know how to set up a backdoor Roth IRA. Eric and his wife own a…
How to Stop Making So Many Money Mistakes, with Jeff Kreisler
Jan 27 • 66 min
#238: “If I had more willpower, I’d achieve my financial goals.” “I’m doomed to fail with money.” “I’m horrible for not keeping to a budget.” These are common thoughts, but they’re erroneous. You can’t willpower your way through…
Ask Paula and Joe — Should I BUY a Business, Instead of Starting One?
Jan 20 • 84 min
#237: Katie wants to know how to purchase a business that’s already cash-flow positive. What indicators can she look for? Rob will retire from the military with an inflation-adjusted pension. Does he need a bond allocation in his investment…
How We Saved $1 Million and Retired at 31 and 32, with Kristy Shen and Bryce Leung
Jan 13 • 71 min
#236: Kristy Shen and Bryce Leung achieved financial independence four years ago at age 31 and 32. They saved $1 million and live on $40,000 per year while traveling the world. Kristy and Bryce don’t worry about running out of money, they created…
Ask Paula: Sooo … I Quit My Job. What Type of Business Should I Start?
Jan 6 • 69 min
#235: Anna has made the leap to self-employment … but what’s next? She lives in the Bay Area and she’s trying to choose between five business ideas; she needs to make enough money to stay in her high-cost area. Doug recently won $9,000 from an…
26 Easy Moves to Improve Your Finances in 2020
Jan 3 • 65 min
#234: We review 26 quick, easy actions that improve your financial life, plus 10 new added bonus ideas that came directly from our community. We issue a challenge for you to tackle one action per week for the first 26 weeks (six months) of the year,…
Ask Paula: How Can I Retire in 12 Years?
Dec 31, 2019 • 73 min
#233: Deepak is considering downsizing his family’s home, but wants to know if the savings are worth the transaction costs he’ll have to pay. Anonymous and her husband hold $900,000 worth of privately-owned company stock. How should they plan for…
How to Avoid College Debt, with Anthony ONeal
Dec 27, 2019 • 72 min
#232: Anthony ONeal is the bestselling author of Debt-Free Degree, a book that teaches parents how to help their children graduate from college without student loans. He’s part of the Dave Ramsey Solutions team, which teaches people how to pay off…
Ask Paula: How Can I Get My Spouse Interested in Frugality?
Dec 16, 2019 • 54 min
#231: Avie needs to decide between two options: paying off a rental property, or funding a retirement account. Which should she choose? Lisa wants to know: when should you fund an HSA account? Sofia’s parents have lived with her for the past few…
How to Develop Emotional Agility, with Dr. Susan David
Dec 9, 2019 • 81 min
#230: Dr. Susan David, a psychologist on the faculty at Harvard Medical School, joins us to talk about emotional agility. Dr. David has researched emotional agility for around 20 years. A few years ago, she summarized her work on this concept for the…
Ask Paula: Help! My Mom or Dad Took Out a Credit Card in My Name. Am I On the Hook?
Dec 6, 2019 • 81 min
#229: Normally, we’re a once-a-week podcast, with episodes airing every Monday. But on the first Friday of every month, we have a First Friday bonus episode! Helen discovered that her mother fraudulently opened credit card accounts in her name. Eek!…
What I Learned from Losing $170 Million, with Noah Kagan
Dec 2, 2019 • 65 min
#228: In November 2005, when Noah Kagan was 24, he was hired as Employee #30 at Facebook. His stock options would have been worth $170 million if he’d cashed out in 2014, he says. But he didn’t see a dime. In June 2006, merely 9 months after he…
Ask Paula: How Can I Get the Most from My Mini-Retirement?
Nov 25, 2019 • 83 min
#227: Lien is taking a year off of work to live the van life with her husband. She wants to know how she can make the most of this sabbatical to figure out how to turn her less-than-inspiring career into a lifestyle that she loves. Lien called in…
How to Make Time for Things That Matter, with John Zeratsky
Nov 18, 2019 • 73 min
#226: Feeling time-crunched? Today’s episode is for you. Today’s episode features productivity expert John Zeratsky, who shares specific, action-packed time management strategies, with a focus on email management. If the term inbox zero sounds…
Ask Paula: How to Invest for the Next Five Years
Nov 11, 2019 • 85 min
#225: Lauren is 26 and earns $48,000 per year after taxes. She saves $12,000 annually in retirement accounts, and an additional $18,000 per year for a downpayment on a home. She wants to buy a home in the next five years. Where should she keep her…
The Science of Rapid Learning, with Scott Young, author of Ultralearning
Nov 4, 2019 • 90 min
#224: Scott Young, author of Wall Street Journal best-selling book Ultralearning, talks about the 9 principles of Ultralearning, which can help you learn new skills, reinvent yourself, stay relevant, and adapt to whatever life throws at you. If you…
Ask Paula: Should I Choose This or That? How to Weigh the Tradeoffs
Nov 1, 2019 • 85 min
#223: Elizabeth is curious to know: what does a good net worth breakdown look like? Is it appropriate to have a lot of your net worth tied up in real estate? Marie wants to start her own business, but she’s living paycheck-to-paycheck. Is incurring…
Seven Ways to Escape the Rat Race - with Michael Robinson
Oct 28, 2019 • 62 min
#222: Michael Robinson and his wife, Ellen, achieved financial independence at age 33. They ‘retired’ (they still enjoy working) three years later at age 36 on two five-figure incomes. Today, Michael and Ellen are raising their two children to be…
Ask Paula: How Much of My Company Stock Should I Buy?
Oct 21, 2019 • 76 min
#221: Vanessa is curious about Fidelity and Vanguard. She asks: what are your thoughts on the no-fee Fidelity index funds? What are your opinions on Vanguard’s financial advisors? Andy wants to know: should my wife and I continue maxing out our…
Stillness is the Key, with Ryan Holiday
Oct 14, 2019 • 65 min
#220: In a hectic world, stillness is the key to a calm, enjoyable life. That idea comes from Ryan Holiday, author of Stillness is The Key. Stillness is finding flow, staying present, and being impervious to the pressures of the outside world. It…
Ask Paula: How Should I Invest $4,000 Per Month for Early Retirement?
Oct 7, 2019 • 64 min
#219: Stella is working toward FIRE and wants to know: how can she create passive income in her retirement years? Is a portfolio with stocks and bonds enough, or should she invest in real estate? Travis and his wife are also on the FIRE path, and are…
Why We’re Irrational with Money - with Kristen Berman
Oct 4, 2019 • 61 min
#218: Kristen Berman is co-founder of Irrational Labs, a behavioral product design company, along with Dan Ariely. She has a fascinating job that involves looking into why people behave the way they do with their money, and discovering the easiest…
Interview on the FI Show: Financial Independence Philosophy and Origin Story | Paula Pant from Afford Anything
Sep 30, 2019 • 64 min
#217: It’s September! If you’ve been listening to the show for the past few months, then you know that I’m on what I’ve dubbed my September Sabbatical, in which I’m taking a break from podcast production and traveling the globe. In light of…
How Much Can I Spend in Retirement? - with Dr. Wade Pfau
Sep 23, 2019 • 62 min
#216: It’s September! If you’ve been listening to the show for the past few months, then you know that I’m on what I’ve dubbed my September Sabbatical, in which I’m taking a break from podcast production and traveling the globe. In light of…
The Seven Stages of Financial Independence, with Joshua Sheats
Sep 16, 2019 • 91 min
#215: We are really digging into the archives with today’s episode. This originally aired back in 2016! Besides being another fun and fascinating interview, this is one of our most popular episodes. Which isn’t surprising, given the topic we’re…
ChooseFI Interview
Sep 9, 2019 • 81 min
#214: It’s September! If you’ve been listening to the show for the past few months, then you know that I’m on what I’ve dubbed my September Sabbatical, in which I’m taking a break from podcast production and traveling the globe. In light of…
Andrew Hallam (Part Two): The Nine Rules of Wealth You Should Have Learned in School
Sep 6, 2019 • 103 min
#213: It’s September! If you’ve been listening to the show for the past few months, then you know that I’m on what I’ve dubbed my September Sabbatical, in which I’m taking a break from podcast production and traveling the globe. In light of…
Andrew Hallam (Part One): How I Became a Millionaire on a Teacher’s Salary
Sep 2, 2019 • 65 min
#212: It’s September!! If you’ve been listening to the show for the past few months, then you know that I’m on what I’ve dubbed my September Sabbatical, in which I’m taking a break from podcast production and traveling the globe. In light of…
What’s Your Why? Financial Independence, Debt Freedom and More
Aug 26, 2019 • 61 min
#211: Hey there! I’m writing this from Croatia, where I’m beginning five weeks of travel that I’m calling my September Sabbatical. From now through September 23rd, I’ll be exploring the globe and enjoying a one-month break. Today, I’m…
How to Be an Adult - with Mark Manson
Aug 19, 2019 • 64 min
#210: We live in a fascinating era: huge sections of society are more prosperous, advanced and safe than at any other point in human history, yet depression and anxiety are at record highs. It’s a paradox of progress: the richer the nation, the more…
Ask Paula: Are Index Funds Unsafe?
Aug 12, 2019 • 71 min
#209: Anonymous wants to retire early and often. They’re going overseas, where they’ll make their annual salary within six months. Where should they put their extra income? Anonymous also wants to know: how can they find a financial advisor they…
How to Talk to Your Parents About Retirement and Beyond — with Cameron Huddleston
Aug 9, 2019 • 70 min
#208: Well, this could get awkward. Your parents and grandparents are aging. (Duh.) You want to have a few important financial conversations with them. It’s time to get the answers to questions like: “So … are you ready for retirement?”…
Ask Paula: Should I Take a $30k Paycut for Better Work-Life Balance, or Stick it Out?
Aug 5, 2019 • 70 min
#207: Matt and his fiance earn $7,500 per month combined. They save more than half of their income. He’d like to take a different job that will decrease his income by $2,000 per month, but improve his quality of life. Should he? Suja wants to take…
When Career Zigzagging is Smarter - with David Epstein
Jul 29, 2019 • 74 min
#206: We live in a society that values career specialization. You’re not a “doctor” — you’re a pediatrician, an anesthesiologist, an oncologist. You’re not a “lawyer” — you practice family law, or bankruptcy, or criminal law. You’re…
Ask Paula: Am I On-Track for Retirement?
Jul 22, 2019 • 74 min
#205: Is it ever a good idea to use your 401(k) as an emergency fund? What’s the best way to break up with your financial advisor so that you can move all of your funds to Vanguard? Should you put all of your Roth IRA money into index funds, or is…
Upgrade Your Thinking, with Super Thinking authors Gabriel Weinberg and Lauren McCann
Jul 15, 2019 • 67 min
#204: You make decisions on a daily basis about your career, family, friendships, health and investments; these choices shape your life. But how much have you thought about how to think? There are common threads and collective wisdom across…
Ask Paula: Early Retirement and The Four Percent Rule
Jul 8, 2019 • 71 min
#203: Many people in their 50’s or 60’s warn us about catastrophic or ‘black swan’ events. But what’s the likelihood that this will actually happen? How can you use the 4 percent withdrawal rule for early retirement planning, given that your…
Slow Travel is Cheap Travel - with Nomadic Matt
Jul 5, 2019 • 63 min
#202: In 2006, Matt Kepnes worked at a hospital in Boston, and he felt miserable. He dreaded fighting traffic, spending his days under his offices’ fluorescent lighting, drinking stale coffee. He decided to take one year off — a “gap year” —…
Ask Paula: Which House Should I Pay Off First?
Jul 1, 2019 • 69 min
#201: Ross and his wife are both in the Navy. They bought a home while they were stationed in Hawaii. Then the Navy sent them to Virginia, where they currently live; they’ve purchased a home there, too. They kept the Hawaii home as a rental…
What I’ve Learned from Interviewing 500 Millionaires — with Jaime Masters of Eventual Millionaire
Jun 24, 2019 • 62 min
#200: Nine years ago, I had no idea that personal finance blogs existed. Then, as I was flipping through an issue of Kiplinger magazine, I came across an article about a woman who paid off $70,000 in debt in 16 months. Her name was Jaime, she…
Ask Paula: The Three-Year Reunion with J. Money
Jun 17, 2019 • 73 min
#199: Ashley is paying affordable rent for a home she enjoys, but she feels certain that the real estate market in her local market will stay strong. She’s thinking about buying a home with 3 to 5 percent down, but she doesn’t have much in…
The Japanese Art of Being a Zen Millionaire, with Ken Honda
Jun 10, 2019 • 59 min
#198: Money flows. When you receive money, you’re in the path of this flow. Money flows from someone else to you, and eventually, it’ll flow from you to someone else, either in the form of a purchase or an investment. A healthy relationship with…
Ask Paula: Traditional IRA vs. Roth IRA — What Should I Choose?
Jun 7, 2019 • 65 min
#197: Should Bret invest in a Traditional IRA or a Roth IRA? If Amanda gets married, how will her child support be affected? What about her student loan forgiveness? Joe is investing in bonds, which average a rate of return that’s equal to the…
Starting Over at 40 with Six Kids, with Wendy Mays
Jun 3, 2019 • 66 min
#196: When Wendy Mays was in her early 20’s, she earned $12 an hour working as the office manager of a pest control company. She wanted higher income, so she enrolled in college at age 22. By the time she finished her undergraduate degree, she was…
Ask Paula: I Make $168,000 Per Year and Spend $5,000 Per Year. What’s Next?
May 27, 2019 • 79 min
#195: Alex makes $168,000 per year, combined between her full-time job and her side hustle. Her company pays for breakfast, lunch and dinner during the work week, plus a cell phone subsidy, health, dental and vision insurance, a gym membership, and…
The 7 Faces of Fear — with Ruth Soukup
May 20, 2019 • 79 min
#194: Fear shows up in our lives in countless ways. Sometimes, fear takes the form of procrastination. We’re afraid of botching something, or we don’t like the feeling of anxiety that a project gives us, so we avoid it, dodge it, and indefinitely put…
Ask Paula: I Spent Ten Years in School, and Now I’m Behind on Retirement Savings
May 13, 2019 • 65 min
#193: Lori is behind on retirement savings, as a result of being a full-time student for more than a decade. She makes good money and lives frugally, but she’s aware that she’s behind for her age. What should she do? Sierra wonders whether she…
The Latte Factor, with author David Bach
May 6, 2019 • 80 min
#192: “Don’t buy lattes.” This classic snippet of personal finance advice isn’t specifically anti-Starbucks. “Lattes” are a metaphor for the tiny expenses that leak money from our pockets, often without us realizing how much we’re…
Ask Paula — Would You Live in an RV to Save Money?
May 3, 2019 • 65 min
#191: Should Russell rent a cheap apartment, or should he take out a loan for an RV in order to save money on rent? Carl is working two jobs that each pay $12 per hour. He has $5,000 in student loans. What can he do to improve his situation? Caroline…
The Next Millionaire Next Door, with Dr. Sarah Stanley Fallaw
Apr 29, 2019 • 70 min
#190: More than 20 years ago, affluence researchers Dr. Thomas Stanley and Dr. William Danko surveyed a vast number of millionaire households in the United States. What they discovered was groundbreaking at the time. The average U.S. millionaire, they…
Ask Paula: How Does My Net Worth Compare to Others My Age?
Apr 22, 2019 • 74 min
#189: Julie, age 27, calculated her expected net worth based on the formula taught in the classic personal finance book The Millionaire Next Door. She’s concerned. Her current net worth is significantly lower than the number that the formula…
The Scientific Secrets of Perfect Timing, with Daniel Pink
Apr 15, 2019 • 81 min
#188: In May 1915, a renowned 58-year-old sea captain, Captain William Thomas Turner, made a series of questionable decisions. He was the captain of the Lusitania, a ship with 1,959 passengers, sailing from Manhattan to London. The first World War was…
Ask Paula - The Real Estate Episode
Apr 8, 2019 • 74 min
#187: Sarah needs $36,000 per year in rental income to reach FIRE (Financial Independence, Retire Early). She owns several rentals. When can she comfortably consider herself FIRE? AyV wants to rent out his primary residence. Should he renovate?…
How Mike and Lauren Retired at 30 with an Average Income of $56,000 / Year
Apr 5, 2019 • 71 min
#186: Mike and Lauren have run a cleaning company, started and sold a biodiesel company, repaired and resold motorcycles, opened a coffeeshop, owned a DVD rental box, sold e-cigarettes, bought a storage warehouse, launched a YouTube channel with…
Ask Paula: How Do I Talk to Friends who Ridicule the Idea of FIRE?
Apr 1, 2019 • 79 min
#185: Hello from Austin, Texas! I’m living in an Airbnb here for the next 5 weeks. Listen to the end of today’s episode to find out why … and discover how these next 5 weeks, for me, exemplify the “why” of financial independence. In the…
The Alter Ego Effect, with Todd Herman
Mar 25, 2019 • 69 min
#184: In 2003, Beyonce Knowles-Carter felt shy about performing sultry lyrics and dance routines on stage. She needed a tactic to overcome her nerves and stage fright. So she created an alter ego, Sasha Fierce, to bring out her more assertive side….
Ask Paula: Should I Sell My Rental Property to Pay Off My Student Loans?
Mar 18, 2019 • 52 min
#183: Should a newlywed couple with two cash flowing rental properties sell one to pay off $92,000 of student loan debt? What percentage of your portfolio should you have in rental properties? What’s the smartest way to approach rental property…
Thirteen Dumb Mistakes Smart People Make with Their Money - with CBS News analyst Jill Schlesinger
Mar 11, 2019 • 73 min
#182: Millions of smart, educated and successful people make dumb mistakes with their money … and they don’t realize it. I’m not talking about obvious dumb mistakes, like spending 85 percent of your income on a fleet of Ultra-Luxe-Fancymobiles for…
Ask Paula: How Should I Plan a Mini-Retirement?
Mar 4, 2019 • 66 min
#181: Imagine that you’re going to take a 6-month to 9-month mini-retirement. How should you plan? What should you do? Sure, you’ll need to have enough savings to cover your expenses. You might want to find some part-time work. You may need to…
The Million-Dollar, One-Person Business, with Elaine Pofeldt
Mar 1, 2019 • 74 min
#180: Nearly two decades ago, Stacy Berman launched a fitness bootcamp in New York City: Stacy’s Bootcamp. After six years, Stacy’s Bootcamp grossed more than $1 million. The company had zero employees; the other teachers were contractors. Stacy is one of…
Ask Paula: We Want to Start Househacking in a Duplex. Should We?
Feb 25, 2019 • 57 min
#179: Should a couple in New Orleans sell their single-family home and use the sale proceeds to househack into a duplex? What do you think about turnkey investments? What tax consequences will someone face if they transfer their property to their…
How to Make Work Optional, with Tanja Hester
Feb 18, 2019 • 68 min
#178: Tanja Hester retired at age 38. She had a negative net worth until her late 20’s, thanks to a combination of student loans, buying expensive cocktails and clothes, living far beyond her means, and not paying attention to her money. If you were…
Ask Paula: Should I Buy a House or Catch Up on Retirement Savings?
Feb 11, 2019 • 64 min
#177: Imagine that your job is extremely well-paying, but you don’t enjoy it. You’d like to switch employers, even though this will probably require a paycut. But before you make the switch, you want to accomplish two goals: buy a home and catch…
Digital Minimalism - with Dr. Cal Newport
Feb 4, 2019 • 82 min
#176: Cal Newport created a philosophy called digital minimalism, which is idea of reducing your digital life down to only the most important core essentials. Remove the apps from your phone, then slowly re-introduce only the ones that are the most…
Three Percent is the New Four Percent - with Larry Swedroe, Retirement Planning Expert
Feb 1, 2019 • 78 min
#175: Larry Swedroe is one of the most respected investment thinkers and writers of our time. He’s published 8 books on investing, including one of the first books to explain the science of investing to a layperson audience. He recently wrote an…
Ask Paula: I’m 48 and Retiring Next Year. Should I Buy More Rentals?
Jan 28, 2019 • 74 min
#174: Should a 48-year-old New Yorker who’s retiring next year buy more rental properties? Should a Michigan-based first-time homebuyer use an FHA loan to buy a duplex for $135,000 that rents for $1,800 per month? Should a 40-year-old music professor who…
When a Child of Financial Chaos Stumbles into Adulthood - with Paulette Perhach
Jan 21, 2019 • 86 min
#173: Paulette Perhach is a journalist who has been published in The New York Times, Slate, ELLE, Marie Claire, and Cosmo. But we’re not going to talk about that today. We’re going to talk about the fact that she’s made every decision by putting…
Ask Paula: Should I Buy a Nice Car or Save My Money?
Jan 14, 2019 • 72 min
#172: Should a 25-year-old homeowner with healthy savings and no debt (other than his mortgage) upgrade his car? Should he make this choice if his current car is fine, and upgrading puts him into new debt? Should a couple without access to an…
The biggest study of everyday millionaires in 25 years - with Chris Hogan
Jan 7, 2019 • 91 min
#171: Chris Hogan surveyed 10,000 millionaires in the United States. Here’s what he discovered: - 89% of millionaires have a net worth between $1 - $5 million dollars - 62% graduated from public state schools - 73% never had a penny of credit card debt -…
Ask Paula - When Should I NOT Use the One Percent Rule for a Rental Property?
Jan 4, 2019 • 58 min
#170: When should you NOT use the one percent rule for rental property investing? In today’s episode, I encourage two callers to violate the One Percent Rule for real estate that they already own. WHAAATTTT? Why would I say that? Especially given…
One Tweak a Week in 2019 — Easy Improvements to Your Financial Life in 2019
Dec 31, 2018 • 66 min
#169: Happy New Years! To kickoff 2019, we’ve created a free book called One Tweak a Week, outlining 26 easy, actionable ways that you can improve your financial life. Each tweak takes less than one hour (some are as quick as five minutes), and taken…
How to Optimize Your Time and Energy — with Mike Vardy, The Productivityist
Dec 24, 2018 • 64 min
#168: You can do anything, but not everything … and definitely not everything at the same time. How can you eliminate distractions? Can you train yourself to pay attention to important tasks, rather than getting distracted by time-wasters? Productivity…
Ask Paula: Should I Pay Off Student Loans While in School?
Dec 17, 2018 • 80 min
#167: Angelisa is a college senior with $30,000 in student loans. She has a part-time job, from which she’s saved $2,500. Should she keep saving money, or should she get a headstart on paying down her student loans while she’s in school? I answer this and…
Everything I Learned About Money Came from My Grandmother - with Michelle Singletary of the Washington Post
Dec 10, 2018 • 68 min
#166: Michelle Singletary learned everything she knows about money from her grandmother. Well, okay, I shouldn’t say “everything” that she knows. After all, Michelle also has an MBA from Johns Hopkins University. She writes about personal finance for the…
Ask Paula - Should I Invest in Index Funds or Rental Properties?
Dec 7, 2018 • 55 min
#165: Should Kim, an entrepreneur, invest in index funds or rental properties? Should Nick, an MBA student, househack into a more-expensive home with stronger cash flow, or a cheaper home with more budgetary wiggle room? Should Kelly, who is getting…
How and Why I Took a Mini-Retirement, with Bob Lotich
Dec 3, 2018 • 66 min
#164: Bob Lotich joins us on the Afford Anything podcast to discuss why and how he took a mini-retirement, and to offer advice to anyone (whether traditionally employed or self-employed) who might want to do the same. For more information, visit the show…
Ask Paula - The Future of Index Fund Investing
Nov 26, 2018 • 63 min
#163: Does my employer match count against my 401k contribution limits? Should I invest in a Traditional or Roth TSP? Should I invest more aggressively in stocks right now, or should I hold cash and bonds until the next downturn? Should I get a…
AI and The Future of Jobs - with author Darrell West
Nov 19, 2018 • 56 min
#162: How will artificial intelligence, AI, impact jobs? Former Harvard president and leading economist Larry Summers predicts that one-third of men will be out of work by 2050. Finance guru Suze Orman says not to be surprised if we see 25 percent…
Ask Paula - How Can I Get My Friends Interested in FIRE?
Nov 12, 2018 • 67 min
#161: Matt is interested in achieving financial independence, and he wants to encourage his friends to pursue the same goal. What podcast episodes provide a light, digestible introduction to the world of financial independence and retiring early?…
The Paradox of FI — with Jonathan Mendonsa and Brad Barrett of Choose FI
Nov 5, 2018 • 77 min
#160: When Jonathan Mendonsa was 18, he researched which college degrees lead to the highest income. Pharmacy was near the top of the list of high-paying degrees, so Jonathan decided to become a pharmacist. He wasn’t motivated by passion or calling….
Ask Paula - I Have Three Kids and I’m Hoping for Financial Independence
Nov 2, 2018 • 59 min
#159: Should a 36-year-old father of three invest primarily in Traditional or Roth retirement accounts? Should Rose, a grandmother of four, open a Vanguard account for each of her grandchildren? Should Nancy, who lives overseas and is the sole…
What I Love About the FIRE Movement - with Clark Howard
Oct 29, 2018 • 69 min
#158: Clark Howard loves the FIRE movement. That’s because he’s one of us. Clark began investing in real estate at age 22, started a travel agency at age 25, and retired at age 31. He sold his travel agency, moved to the beach and relaxed for four…
Ask Paula - Can You Force a Rental Property to Cash Flow?
Oct 22, 2018 • 57 min
#157: We’re back with another Ask Paula - Real Estate Edition of the show! In this episode, we cover down payments, cash flow, investing in condo hotels, building a rental on the side of your own house, selling your properties, and whether it’s better…
How to Build Incredible Habits - with James Clear
Oct 15, 2018 • 88 min
#156: James Clear wanted to start flossing, but he never managed to follow through. Despite his best intentions, his dental floss sat unused in a bathroom drawer. Fortunately, James had learned a thing or two about human behavior and habit formation….
Ask Paula - How Can I Send My 4 Children to College?
Oct 8, 2018 • 68 min
#155: How can a schoolteacher dad and stay-at-home mom send their four kids to college? Where should a 23-year-old keep the savings that she’s accumulating to buy a home by the time she’s 27 or 28? What should we know about retirement planning if…
Suze Orman Says $2 Million is Nothing; You Need $10 Million to Retire Early. Internet Explodes
Oct 5, 2018 • 61 min
#154: Want to retire early? You’ll need at least $5 million, more likely $10 million, says famous financial personality Suze Orman. I should know. She said that to me, directly, on my podcast. I asked Suze for her opinion about a frugal, flexible…
Why I Hate the FIRE Movement, says Suze Orman
Oct 1, 2018 • 78 min
#153: A few weeks ago, Suze Orman’s team reached out to me and asked if I’d be interested in chatting with Suze on my podcast. “Um, duh,” I replied. Sure Orman is one of the most famous voices in the world of personal finance. From 2002 to 2015, she…
How to Make Better Decisions — with Dr. Brian Portnoy
Sep 24, 2018 • 72 min
#152: Dr. Brian Portnoy is an expert in making decisions. He holds a Ph.D. from the University of Chicago, he’s a Chartered Financial Analyst, and he’s the Director of Investment Education at Virtus Investment Partners. Dr. Portnoy joins me on the…
Ask Paula: “I Feel Like I Don’t Deserve My Success. What Should I Do?”
Sep 17, 2018 • 61 min
#151: We’re back with another “Ask Paula” episode of the show! As usual, my friend and former financial advisor, Joe Saul-Sehy joins me in answering your questions! Let’s dive right in. Hailey: I just graduated from college with a major in…
How I Reached Financial Independence through Real Estate - with Chad Carson
Sep 10, 2018 • 71 min
#150: Chad Carson’s friends called him a “nerdjock.” When former college football linebacker Chad Carson graduated from Clemson University, he decided to start a business. But he didn’t have any money. He was a 235-pound athlete who attended college…
Tell Me About Something That Scared You - from Camp FI
Sep 7, 2018 • 70 min
#149: Welcome to the September 2018 First Friday bonus episode! We recorded this episode at Camp FI, which stands for Camp Financial Independence. It’s a gathering of people who are pursuing financial independence; we spend a few days eating,…
Ask Paula - Should I Sell My House and Invest the Equity?
Sep 3, 2018 • 63 min
#148: Welcome to a special episode of Ask Paula! Today I’m answering questions about real estate investing, and I’ve brought a special guest on the show to join me. His name is Lucas Hall, and he’s a landlord with 5 properties in three locations…
How to Believe Your Time is Abundant — with Laura Vanderkam
Aug 27, 2018 • 64 min
#147: Which of the following two attitudes describes you? “I’m crunched for time.” — or — “I have all the time in the world.” I’m guessing your answer is the first, rather than the second. But what if you could feel like your time is expansive and…
Ask Paula - Where Should I Keep My Money if I Want to Retire Early?
Aug 20, 2018 • 64 min
#146: My friend and former financial advisor, Joe Saul-Sehy, joins me to answer a multitude of questions on retirement savings and investing, so let’s dive in. Elyse has two questions: 
#1: Through her job, Elyse has a 401(a) hybrid. Right…
How I Paid Off $500,000 in Credit Card Debt, then Launched a Company with $35 Million in Annual Revenue — with Rand Fishkin, Founder of Moz
Aug 13, 2018 • 67 min
#145: When Rand Fishkin was 25 years old, he carried $500,000 in credit card debt. Less than a decade later, Rand was the Founder and CEO of a company that grossed $35 million in annual revenue. In this podcast episode, Rand shares the story of…
Ask Paula - What Do You Think of Real Estate Crowdfunding?
Aug 6, 2018 • 44 min
#144: Today I’m answering your real estate questions! First up, Rich asks: What are your thoughts on real estate crowdfunding versus investing in a traditional REIT and non-retirement account? He doesn’t want to give up the time it takes to manage…
Life After Financial Independence - with millionaire investor Emma Pattee
Aug 3, 2018 • 52 min
#143: Emma Pattee became a millionaire at age 26. But she hates it when I describe her like that. Here are other ways that Emma would prefer to be known: She’s thoughtful. She’s hilarious. She’s kind. Emma is the child of hippies. She grew up in a…
How Can We Downsize from Two Incomes to One?
Jul 30, 2018 • 57 min
#142: How can a family of four shift from earning two incomes to one, while still pursuing financial independence? How would a 55-year-old couple with $2 million saved know if they’re ready to retire? Can parents use leftover money in their 529 plan…
The Gap Between Knowing and Doing - with Dr. Stephen Wendel from Morningstar
Jul 23, 2018 • 73 min
#141: “I’ll get around to rolling over my 401k … next week.” “Eventually I’ll switch to a cheaper insurance plan.” “I really should move my portfolio into lower-fee funds.” “Yeah, yeah, I know I should create an estate plan. I’ll do it later.” ____…
Ask Paula - Should I Buy a Rental Property with an HOA?
Jul 16, 2018 • 55 min
#140: Should you buy a rental property that mandates HOA payments? How do you adjust for cap rate over the years, as the property’s rent increases with inflation? Should you buy an $88,500 house that rents for $1,250 a month? And can you dive into…
How I Save Half of My Income as a Firefighter, While Living in an Expensive City — with Kim E.
Jul 9, 2018 • 75 min
#139: Five years ago, at age 29, Kim E. started her first professional, salaried full-time job, working as a firefighter for the City of Austin, Texas. She received a starting salary of $42,000. Today, five years later, she has saved: - one year’s…
How to Create an Authentic Life
Jul 6, 2018 • 50 min
#138: There’s a famous quote that’s attributed to Henry Ford. The quote says, “If I had asked people what they wanted, they would have said faster horses.”⠀ ⠀ There’s no proof that Henry Ford actually said this. But whether or not that…
Ask Paula: What the F**k are Annuities?
Jul 2, 2018 • 73 min
#137: Today’s episode is an annuity sandwich: we answer one question about family and relationships, three questions about annuities, and one question about time management. My friend and former financial planner Joe Saul-Sehy joins me to answer…
How I Bought 20 Houses, Debt-Free, While Serving Overseas in the Military - with Rich Carey
Jun 25, 2018 • 76 min
#136: Rich Carey is a military millionaire. He’s spent his career in the U.S. Air Force; he’s currently stationed in Seoul, South Korea. He was stationed in Germany before this. He’ll retire after this. Most of his fellow servicemembers, upon taking a…
Ask Paula - How Can I Get a Downpayment for a Rental Property?
Jun 18, 2018 • 54 min
#135: Time to talk about houses! I answer your questions about rental property investing in this week’s episode. Our first question comes from James, age 25. He lives in Florida, where he bought a $130,000, 3-bedroom, 2-bath condominium in the Class B…
How Radical Curiosity Leads to Innovation in Life and Work - with Shane Snow, founder of Contently
Jun 11, 2018 • 74 min
#134: We often peek inside the world of business to look for lessons about how to simplify, optimize and innovate. But what can we learn when we examine world-class people who are hacking the system in any field — including sports, politics and…
Ask Paula and Joe — How to Give More to Charity While Also Building Financial Independence
Jun 4, 2018 • 57 min
#133: Andy from Michigan loved the episode with charity:water founder Scott Harrison. After the episode, he and his 6-year-old daughter started watching videos about charity:water, and now they’re both inspired to give. Andy’s question is on the topic…
Ask Paula - I’m Six Years Away From Financial Independence, But I Want to Quit Now
Jun 1, 2018 • 36 min
#132: BONUS EPISODE!! On the first Friday of the month for the remainder of the year, I’m rolling out an additional bonus episode. As you know, this podcast airs weekly on Mondays. I’m thinking about maybe — MAYBE — expanding the podcast to…
How We Slashed Our Costs 70 Percent and Gained Happiness — with Scott Rieckens
May 28, 2018 • 70 min
#131: Scott Rieckens and his wife Taylor enjoyed a classic Southern California lifestyle. They lived near a gorgeous beach in sunny San Diego. They frequently dined at sushi restaurants. They drove a BMW. But after the birth of their daughter,…
Ask Paula - Should I Sell Stocks to Buy a Rental Property
May 21, 2018 • 58 min
#130: Anna and Dave want to get married … eventually. But they want to buy a rental property together first. How should they approach this from a paperwork/legal structure standpoint? This is just one of the listener questions I play and address in this…
How I Paid Off Thousands in Credit Card Debt - with Laura Adams, from Money Girl Podcast
May 14, 2018 • 57 min
#129: Laura Adams grew up in an upper-middle-class family in South Carolina, and her parents supported her through college. She attended her top-choice school, met her husband while they were still students, and enjoyed a charmed life. When she…
Should I Choose a Roth vs. Traditional IRA and 401k for Early Retirement?
May 7, 2018 • 71 min
#128: Antonia, 27, wants to retire in 15 years. She’s trying to figure out whether to contribute to pre-tax or after-tax retirement accounts. Most financial advice for 20-somethings that she’s encountered says to contribute to after-tax (Roth)…
Four Unhealthy Attitudes Towards Money — with Dr. Brad Klontz, Financial Therapist
Apr 30, 2018 • 66 min
#127: Most people know what they “should” do — save for the future. Spend less than they earn. Why do so few people follow through? In this episode, Dr. Klontz and I discuss shame, guilt, and how to implement behavioral changes. We talk about how to…
Ask Paula - Should I Buy a Beachfront Rental Property?
Apr 23, 2018 • 64 min
#126: It’s time to answer real estate investing questions! Tom asks: “We’re thinking about buying a duplex on a beach in a popular vacation destination in Florida. If the property stays 85 percent occupied as a short-term (VRBO) rental at current…
How to Gain a Competitive Edge, with Morgan Housel
Apr 16, 2018 • 62 min
#125: Morgan Housel has spent thousands of hours reading about investing. As a former columnist for the Wall Street Journal and The Motley Fool, he’s spent more than a decade reading, interviewing, thinking and writing about how to manage money. And…
Ask Paula and Joe - Should I Sell My Brand-New Car (and Lose $6,000 in 4 Months)?
Apr 9, 2018 • 62 min
#124: Former financial planner Joe Saul-Sehy and I answer five questions about investing, retirement, insurance, travel and selling an expensive car. For a full list of resources mentioned, go to the show notes at http://affordanything.com/episode124
Your Money or Your Life — with Vicki Robin, bestselling author
Apr 2, 2018 • 63 min
#123: What does life look like a few decades after reaching financial independence? Vicki Robin, commonly referred to as the founder of FI and author of Your Money or Your Life, has a candid discussion with me about life after reaching financial…
Ask Paula - I’d Like to Airbnb a Yurt. Should I?
Mar 26, 2018 • 48 min
#122: Tony lives in Chicago, where the returns on rental properties are so-so. He’s thinking about investing in Indianapolis, where he consistently finds rental properties with better cap rates. Should he invest locally, so that he can get a primary…
How I Retired at Age 32 - with Liz Thames from Frugalwoods
Mar 19, 2018 • 61 min
#122: “Nowhere would hire me,” Liz Thames says after graduating college. “I had what I thought was this nice resume, and I sent out over 50 applications. Nowhere called me back.” She took a temp job, joined Americorps as a full-time volunteer in a…
Ask Paula - I’m Retiring at 53. How Will Early Retirement Impact My Social Security?
Mar 12, 2018 • 46 min
#120: Roger Whitney, age 51, calls himself The Retirement Answer Man. As a financial planner, investment analyst and podcast host, he focuses on helping Baby Boomers craft a traditional (past-age-60) retirement. Today, he joins me to answer two questions…
How Much Can I Spend in Retirement? - with Dr. Wade Pfau
Mar 5, 2018 • 59 min
#119: Once upon a time, in southern California in 1994, there lived a man named William Bengen. He read many claims, widespread at the time, that said that since the markets return at least 7-9 percent compounding rates on average, retirees could withdraw…
Ask Paula - How Do I Buy a Foreclosure? - and Other Real Estate Questions
Feb 26, 2018 • 44 min
Today, I’m tackling four queries about real estate investing that come from the audience. Sam wants to work with a specific property manager that only serves a small area. Should that sway where he buys? Terri asks about carry-over losses when above a…
How to Avoid Killing Your Spouse (and Should You Get Married in the First Place?) - with Farnoosh Torabi
Feb 19, 2018 • 53 min
#117: My friend and financial expert Farnoosh Torabi joins me to answer a relationship & money question from listener Janice.⠀⠀ ⠀⠀ Janice is engaged, and she calls to ask: Should she get married?⠀⠀ ⠀⠀ She earns double what her fiancé makes. She has no…
Ask Paula — Help! I’m Underwater on My Car!
Feb 12, 2018 • 80 min
#116: Stacy and her boyfriend would like to downsize to one vehicle. But they’re collectively $14,500 underwater on 2 car loans. Rachel earns $65k, contributes 20% to retirement, owes $19k on a car loan and $170k on student loans. There are just a few of…
How Dave Ramsey Taught His Kids About Money — with Rachel Cruze
Feb 5, 2018 • 56 min
#115: Rachel Cruze describes the lessons she learned about saving, spending, budgeting, debt and giving as the daughter of Dave Ramsey. We discuss “Instagram envy” — the act of comparing your life to someone elses’ — and how to avoid the traps of…
Ask Paula — How Should I Invest $100K in Real Estate?
Jan 29, 2018 • 58 min
#114: This week, I answer four questions about real estate investing from the audience: Joelle asks, “I can buy a property in cash for $100,000. Should I pay cash for one house (via a home equity loan) or split it into multiple down payments on many…
How I Run a Six-Figure Business and Host an Airbnb while Traveling the World — with Natalie Sisson
Jan 22, 2018 • 55 min
#113: Natalie Sisson was tired of the corporate world. She wanted freedom, adventure and fulfillment. In 2008, she quit her job and co-founded a tech company — but soon discovered that running a company felt a lot like having a day job. Two years later,…
Ask Paula - How to Convince a Spouse to Invest in Low-fee Index Funds?
Jan 15, 2018 • 49 min
#112: How can I convince my spouse to invest in low-fee index funds? How should my fiancé and I combine our finances? If I’d like to invest in rental properties, should I also buy stocks? Former financial planner Joe Saul-Sehy joins me to tackle…
How We Retired at Age 38 and 41 — with Tanja Hester & Mark Bunge
Jan 8, 2018 • 55 min
#111: Tanja and Mark moved from pricey Los Angeles to the more affordable North Lake Tahoe. They started automatically saving and investing huge chunks of their paycheck. They crafted detailed spreadsheets, plotting precisely how much they’d need to save…
Ask Paula — Get Ready for the Next Recession
Jan 1, 2018 • 50 min
#110: We’re kicking off this year on a bright and cheerful note — with a conversation about the impending recession! Yay! We are living in one of the longest periods of economic expansion in our nation’s market history. That’s worrisome. How can we…
How to Create a Complaint-Free World — with Will Bowen
Dec 25, 2017 • 38 min
#109: I thought it would be nice to wrap up this year with a lighthearted holiday episode about the importance of keeping a positive attitude. Will Bowen, my guest on the final episode of 2017 (wow!), started a campaign to motivate people to complain…
Ask Paula - I Don’t Know How to Invest
Dec 18, 2017 • 48 min
#108: Former financial advisor Joe Saul-Sehy joins me to answer audience questions about investing strategies, early retirement, and tax planning. Kim asks about the 4 Percent Withdrawal Rule, Susan wants to know how to use a Roth Conversion Ladder, and…
How Scott Harrison Brought Clean Water to 7.3 Million People
Dec 11, 2017 • 69 min
#107: Scott Harrison spent a year-and-a-half in West Africa, where he encountered people with diseases he’d never seen before — such as cholera, typhoid, dysentery, and fatal cases of diarrhea and dehydration. He smelled the yellow-brown parasitic dirty…
Ask Paula - How to Estimate Repair Costs, File Taxes on Rental Income, and More
Dec 4, 2017 • 66 min
#106: Ask Paula - How to Estimate Repair Costs, File Taxes on Rental Income, and More How do you search for rental properties out-of-state? Should I offer a lease-option contract to my friends? How can I estimate repair and maintenance costs? And can you…
Life as an Experiment — with A.J. Jacobs
Nov 27, 2017 • 55 min
#105: A.J. Jacobs is the Editor-at-Large of Esquire Magazine and the New York Times bestselling author of multiple books. His three TED Talks have collectively garnered more than three million views. He describes himself as “a father of three, husband of…
Ask Paula - How Can I Learn about Money from the People Around Me?
Nov 20, 2017 • 36 min
#104: Four questions from listeners about quitting a depressing job, learning how to ask probing questions, saving for a downpayment, and more. I answer these questions in today’s episode. Enjoy! For more, visit the show notes at…
Random Smattering of Lessons on Money, Work and Life — plus A Call for Radical Authenticity
Nov 13, 2017 • 54 min
#103: On today’s show, I’m sharing this random smattering of lessons on money and life.⠀ ⠀ 1) Simplify everything 2) Risk = Probability x Magnitude 3) Curate 4) Never delay gratification 5) Know your net worth, relative to your lifetime earnings 6) Don’t…
Ask Paula - Should I Sell My Rental Property and Invest the Proceeds in the Market?
Nov 6, 2017 • 53 min
#102: This week, I’m back to answering listener questions about real estate: Should we continue to rent out our home or sell it? Should we take the proceeds from the sale of our house and put it toward our next home? How can I find a good real estate…
The Code of Trust, with Robin Dreeke
Oct 30, 2017 • 51 min
#101: Robin Dreeke is former head of the FBI’s Counterintelligence Behavioral Analysis Program. His primary role was to thwart foreign spies and recruit American spies. That’s not an easy task. To accomplish this, Dreeke needed to gain people’s trust —…
Life After Financial Freedom, with Brandon - the Mad FIentist
Oct 23, 2017 • 54 min
#100: Over a year-and-a-half and two million plus downloads later, the Afford Anything podcast has hit another awesome milestone: the 100th episode! To celebrate, I recorded this one live from Ecuador with my good friend Brandon, otherwise known as…
How I Grew BiggerPockets From 0 to 870,000 Members - with Joshua Dorkin
Oct 16, 2017 • 60 min
#99: BiggerPockets founder Joshua Dorkin and I have a heart-to-heart about the blood, sweat and tears that’s required to start a successful online business. What lessons did he learn along the way? What regrets does he hold? And what advice would he share…
Ask Paula - The Side Hustle Episode
Oct 9, 2017 • 43 min
#98: How much should you invest in a side hustle or side business? How do you know if your side hustle idea is viable? My friend Joe Saul-Sehy from Stacking Benjamins joins me to chime in with his views on building side businesses and two…
How to Be Awesome at Your Job, with Pete Mockaitis
Oct 2, 2017 • 60 min
#97: How can you be awesome at your job? That’s the question that today’s guest, Pete Mockaitis, and I tackle on the latest Afford Anything podcast episode. For a comprehensive list from today’s episode, go to the show notes at…
Ask Paula - Should I Be an Out-of-State Airbnb Host?
Sep 25, 2017 • 42 min
#96: Today I tackle 4 real estate questions that come from the listeners: Chris is reluctant to buy a duplex because he might move away soon. Another listener wants to know how my worst-performing property would fare if it was my *only* property, and I…
Money for the Rest of Us, with JD Stein
Sep 18, 2017 • 54 min
#95: J. David Stein used to manage billions of dollars. He retired at age 46. Now that he’s retired, he faces a different challenge: How should he invest his own money? What investing philosophy should he follow in his own life? And what can we learn from…
Ask Paula - The Early Retirement Episode
Sep 11, 2017 • 43 min
#94: Early retirement? Yes please. This week, I answer questions from the audience community around early retirement planning, health savings and debt pay-off. I’m interested in early retirement. How can I avoid early withdrawal penalties? How does early…
The Secret Lives of Introverts - with Jenn Granneman
Sep 4, 2017 • 48 min
#93: Do you enjoy spending time alone? Does your inner monologue chatter constantly? When you were a student, did you sometimes stay quiet even when you knew the correct answer? If so, you might be an introvert. If you’d like to learn how to thrive in any…
Ask Paula - How Do I Hire an All-Star Rental Property Team?
Aug 28, 2017 • 36 min
#92: If you’re interested in real estate investing, and if you’ve wondered how to assemble an all-star team, today’s episode is for you. I’m hosting another edition of Ask Paula, in which I tackle three audience-submitted questions about building a team…
How to Spend Less, Earn More and Grow the Gap
Aug 21, 2017 • 46 min
#91: Grow the gap between your income and your expenses: How to tackle the 4 biggest expenses in the average American household budget. Also, I share non-obvious tips on how to trim back on these costs. Enjoy! Paula For more details on this presentation,…
Ask Paula — I’m Tired of Paying Rent. Should I Buy a House?
Aug 14, 2017 • 44 min
#90: Curious about real estate investing? I’m rocking the microphone solo on today’s episode, tackling the rental property questions that you — the listeners — have asked. For more information, visit the website at http://affordanything.com/episode90
Imagine You Only Have 10 Years to Live …
Aug 7, 2017 • 42 min
#89: Eleven questions about money and life I presented to a crowd of 100+ people at the World Domination Summit. Get Rich Slowly founder J.D. Roth also joins me on this episode to discuss building a fulfilling life. For more information, visit…
Ask Paula - When is Lifestyle Inflation a Smart Business Decision?
Jul 31, 2017 • 42 min
#88: Former financial planner Joe Saul-Sehy and I answer 4 questions from the Afford Anything community. We chat about how to control lifestyle inflation, how to break up with a financial planner, how to invest your first $10,000, and whether or not…
Myths about Money - Are Your Ideas Holding You Back?
Jul 24, 2017 • 49 min
#87: In today’s episode, I share the first part of this presentation. Today’s episode focuses on myths, assumptions and limiting beliefs that we hold around money, work and life. This is the first of a three-part series. In episodes 89 and 91, I’ll share…
Ask Paula - Should I Keep My Properties in an LLC
Jul 17, 2017 • 29 min
#86: Your real estate questions answered! Heather is ready to buy her first rental property and acquire one per year following a buy-and-hold strategy. Salome and her husband are renting out an unused room on Airbnb. Should they buy rental properties…
How to Make Money without a Job — with Nick Loper from Side Hustle Nation
Jul 10, 2017 • 60 min
#85: Nick Loper joins us on this week’s episode to explain how to develop a “side hustle,” a small micro-business that provides a supplemental source of income. We talk about tapping into the Sharing Economy, Freelancing / Expertise-Based Businesses, and…
Ask Paula: No, Really, I’m Asking for a Friend! — How to Crush $500,000 in Debt
Jul 3, 2017 • 53 min
#84: This week, Joe Saul-Sehy and I tackle your questions: 1. I’m asking for a friend — no, really! 2. Young and no kids: Should we buy long-term care insurance? 3. My wife, 4 children and I live in the San Francisco Bay Area. We owe $20,000 on a minivan…
This is The Toughest Episode I’ve Created So Far
Jun 26, 2017 • 38 min
#83: Hey. It’s time we talked. I’ve made many tough decisions in my business. I’ve said “no” to thousands of pitches, turned away countless advertising requests, and made difficult choices about content and tone. And sometimes I don’t know…
Ask Paula - How Do You Pick a Rental Property?
Jun 19, 2017 • 39 min
#82: Welcome to another Ask Paula episode! This week, I answer three real estate questions: #1: What criteria do you use when you’re shopping for an investment property? What qualities make you say, “heck yeah I’m buying this!!” — and what…
Get Me Out of This Crappy Job! - with Jenny Blake, author of Pivot
Jun 12, 2017 • 48 min
#81: Jenny Blake used to have an enviable job. As a Career Development manager at Google, she enjoyed the perks of a Silicon Valley life, plus the satisfaction of helping people everyday. She co-founded Google’s Career Guru Program, and helped…
Joe Says Life Insurance Won’t Make the Headline. But it Did.
Jun 5, 2017 • 47 min
#80: Chris, age 30, makes $200,000 per year and saves 50 percent of his income. What accounts should he use in order to maximize his tax benefits? Dee, age 39, is getting tired of apartment living. She found a great neighborhood in which she’d like…
How I Bootstrapped a $4 Million Company, with Laura Roeder
May 29, 2017 • 59 min
#79: When Laura Roeder was 22, she quit her job to become a full-time freelancer. She earned $30,000 in her first year as a freelancer; $60,000 in her second year. Ten years later — (Laura is now 32) — her company earns $4 million in annual…
Ask Paula (and Will) - How Technology is Changing the Future of Real Estate Investing
May 22, 2017 • 51 min
#78: Imagine that you’re looking for a rental property. It’s a warm Saturday afternoon, and you decide to cruise through a few open houses in the area. Your autonomously-driving electric vehicle pulls into the driveway. Your wifi-enabled contact…
What I’ve Learned from 9 Years of Nonstop Travel, with Geraldine DeRuiter, The Everywhereist
May 15, 2017 • 54 min
#77: “Have you ever tried to stop-peeing midstream? It’s like trying to put spray cheese back in the can. The damage has been done, and the only thing left to do is try to enjoy yourself.” That’s a quote from a deleted chapter in a book…
Ask Paula - How to Handle an Inheritance, Should I Invest in Properties or Start a Business, and More.
May 8, 2017 • 60 min
#76: This week, my buddy Joe Saul-Sehy joins me to answer another round of listener-submitted questions. A listener from California asks: My husband and I will be inheriting money, which we plan to invest in index funds. We believe that our…
Jen Sincero says she used to be a “grouchy broke person”
May 1, 2017 • 56 min
#75: In her early 40’s, Jen lived in a converted garage, buried in credit card debt and scrounging for spare change. She was the type of person who’d join her friends at a restaurant for dinner , order nothing except tap water, and fill up on the…
Ask Paula - How to Repay $50k in Student Loans on a $31k Income, What’s the Deal with Bonds, and Do I Really Need Insurance
Apr 24, 2017 • 66 min
#74: Former financial planner and friend of the show, Joe Saul-Sehy from Stacking Benjamins, joins me to answer the following listener questions: Kicking off today’s episode, Nicky asks: I’m young and healthy. My car is old and not-worth-much. And…
What Chess Taught Me About Making Smarter Life Moves — with Steve Gossett
Apr 17, 2017 • 67 min
#73: Last January, I went to a party at a trailer park that featured a huge bonfire, a few llamas, and a member of Public Enemy. (I realize that sounds like the setup to a joke. Welcome to my life.) While I was there, I met a former competitive…
Ask Paula — Should I Loan Money to Friends? Stay Sane While Repaying Debt? … and More
Apr 10, 2017 • 49 min
#72: Spaghetti is a major part of my life. I eat it, of course, as many people do. I also spill it all over my pants, despite the fact that I’m 33 and should’ve learned the rules of gravity by now. But most importantly, I use spaghetti as a…
Can I Retire Yet? - with Roger Whitney, the Retirement Answerman
Apr 3, 2017 • 61 min
#71: Roger Whitney is known as the “retirement answer man.” “All I think about, all day long, is how to make that [retirement] transition successfully,” he says. But he holds a dirty little secret. “I don’t believe in retirement. And the most…
Erin Lowry on Raising Children Who Are Enabled, Not Entitled
Mar 27, 2017 • 61 min
#70: Erin Lowry, author of , talks about the early childhood scripts that we learn about money. Why is this topic important? Well, if you’re a parent, you want to set a good financial example for your child to follow. Giving them the right tools and…
Ask Paula - The Real Estate Edition
Mar 20, 2017 • 65 min
#69: So many Afford Anything listeners have great questions about real estate investing. That’s why this episode of Ask Paula is dedicated to answering them. Our first question comes from Ade, who has $25,000 to invest in real estate and lives in the…
Ask Paula - How to Invest Your Tax Refund, Save for College, and Avoid Massive Pitfalls
Mar 13, 2017 • 66 min
#68: My buddy Joe Saul-Sehy, host of the Stacking Benjamins podcast, joins me this week for another episode of “Ask Paula (and Joe!)” — in which we workshop through questions that came from you, the Afford Anything community. This week, Joe and I…
Ask Paula — How to Care for Aging Parents, Buy a Car, and Organize a Business
Mar 6, 2017 • 45 min
#67: It’s the first Monday of the month, which means it’s time to answer questions from the Afford Anything community. Our first question comes from a caller in a tough spot: Her mother-in-law is 66 years old. She’s divorced, holds no retirement…
Take Radical Responsibility for Your Life — a Breakfast Chat with 26-Year-Old Millionaire Emma Pattee
Feb 27, 2017 • 46 min
#66: You know that rare moment when you meet someone with whom you connect *instantly*? I felt that way when I met Emma Pattee, the 26-year-old millionaire and mini-real-estate-mogul who joins me on today’s episode. Emma and I share similar stories:…
How to Improve Your Relationship with Money
Feb 20, 2017 • 42 min
#65: I’ve always taken an approach to life that puts my freedom first. My one and only 9-5 lasted only 3 years. Since then I’ve been self employed and built financial independence through rental real estate. And while most see this podcast as…
Michael Kitces — Your Mind is More Powerful Than Money
Feb 13, 2017 • 77 min
#64: Your potential is unlimited. I realize that’s the type of cliche that you normally find embossed in cursive script on the side of coffee mugs. It’s trite and impersonal and overused. But it’s also true. Your potential to earn and grow is…
Ask Paula - Travel vs. Passive Income, Proximity in Real Estate Investing and Selling Off Properties
Feb 6, 2017 • 37 min
#63: It’s the first Monday of the month, and you know what that means - another Ask Paula episode. Our first question comes from Richard, who wants to know if he should focus on creating a travel fund or building passive income through real estate. …
Ask Paula - Q&A Featuring Special Guest Joe Saul-Sehy from Stacking Benjamins
Jan 30, 2017 • 78 min
#62: Joe Saul-Sehy, a former financial advisor and host of the Stacking Benjamins podcast, joins me to answer your questions in this bonus episode of Ask Paula. Joe and I are goofballs; we tell PG-13 dirty jokes; we disagree on several answers, and we…
John Lee Dumas - From Small-Town Kid to Multimillionaire Entrepreneur
Jan 23, 2017 • 48 min
#61: Even though John wasn’t never an entrepreneur at heart — even though he didn’t (yet) self-identify as an entrepreneur — he decided to throw himself, full-force, into the one and only business idea he’d ever had. Listen to John’s story, in his…
Andrew Hallam (Part Two): The Nine Rules of Wealth You Should Have Learned in School
Jan 16, 2017 • 100 min
#60: Andrew Hallam grew a million-dollar investment portfolio on a schoolteacher’s salary by his mid-30’s. In his bestselling book, Millionaire Teacher, he describes these nine lessons in detail. He shares these nine rules…
Andrew Hallam: How I Became a Millionaire on a Teacher’s Salary
Jan 9, 2017 • 62 min
#59: By his mid-30’s, Andrew Hallam became a millionaire on a teacher’s salary. He began by investing $100 a month upon advice given by a mechanic. Then he began saving nearly half his $28,000 teacher’s salary. Andrew rode a bicycle 35 miles to…
Ask Paula — Death, Taxes, Crushing Debt and Moving in with Mom
Jan 2, 2017 • 47 min
#58: Ashley is a single mom saving diligently for her 2-year-old son. What alternatives are there to 529s and brokerage accounts? Julie and her husband invest quarterly. Should she try buying European equities when they are much cheaper due to…
Philip Taylor - Top 5 Financial Lessons PT Learned in the Past Decade
Dec 26, 2016 • 52 min
#57: Philip Taylor, aka PT, is one of the most well-connected guys in the personal finance world. He’s spent the past half-dozen years building tight relationships with some of the most influential authors and speakers in this space. Today he shares…
Billy Murphy - Expected Value, or What Professional Poker Taught Me About Running a 7-Figure Business
Dec 19, 2016 • 55 min
#56: Former professional Poker player Billy Murphy has an intriguing story. He achieved financial independence at age 29, and he did this by applying a concept known as “expected value” to his online businesses. In this episode, I chat with…
From Money Moron to Millionaire, with Scott Alan Turner
Dec 12, 2016 • 53 min
#55: Scott Alan Turner used to be a money moron. (In his words.) He traded a Jeep for a Porsche in his 20s, purchased a 3,000 sq. ft. house with two mortgages, and bought luxury furniture on credit. The Porsche cost him $800 per month. The house…
Ask Paula - Automating Savings, Starting a Blog, Emergency Funds, Investing in Real Estate Confidently, and More
Dec 5, 2016 • 38 min
#54: It’s the first Monday of the month, which means I’m fielding questions from the audience. We start with a question from Nicole. She’s a new listener, and she’s stuck in a confusing situation. You see, Nicole is self-employed. She’d like to…
Live Q&A with Paula on Real Estate and Travel
Nov 28, 2016 • 60 min
#53: This episode is a little different. Instead of interviewing a guest, this podcast episode is a recording of a recent talk I gave in Equador. The audience wanted to know more about the context surrounding the decisions I’ve made regarding…
How to Combat Lifestyle Inflation, with Julia Kelly
Nov 21, 2016 • 36 min
#52: Imagine transitioning from making $8.50 per hour and sharing a crammed apartment with 5 people, to becoming a six-figure business owner doing what you love. That’s the journey that Julia Kelly, caricature artist and founder…
Six Types of Financial Frenemies, with Mary Beth Storjohann
Nov 14, 2016 • 47 min
#51: Today’s guest is Mary Beth Storjohann, CFP®, Founder of , and author of the book . As I was reading through her book, one thing stuck out to me: the financial frenemies we all have, and how to deal with them in a constructive way.
 What’s a…
Ask Paula - Retirement Savings in Your 50’s, Starting a Side Hustle, Buying Health Insurance, Home Warranties, and More
Nov 7, 2016 • 46 min
#50: Mark, a 55-year-old listener, has no savings. He’s been listening to personal finance podcasts. He recently read Tony Robbins’ Money: Master the Game. He called this podcast to tell us that he’s feeling overwhelmed by the scope of what’s ahead of…
Behind-the-Scenes Mastermind Call - with J.D. Roth
Oct 31, 2016 • 65 min
#49: If you’re a longtime listener, you might remember J.D. Roth, founder of Get Rich Slowly and owner of Money Boss, from . In this previous interview, J.D. shared how he went from being in debt to financially independent. Today, he’s back for a…
How to Overcome Procrastination and Perfectionism, with Stephen Guise
Oct 24, 2016 • 22 min
#48: Imagine that your goal is to build a flat stomach and stronger biceps. But deep down, subconsciously, you’re afraid you might fail. So you procrastinate. “I’ll work out tomorrow,” you tell yourself. “Or next week. Or next year.” As a…
How to Stop Being Your Own Worst Enemy, with Clark Howard
Oct 17, 2016 • 51 min
#47: New York Times bestseller, radio and television personality, Clark Howard is known as a personal finance expert, that title doesn’t tell the whole story. He started reading stock tables when he was in fifth grade. He began investing in real…
The Unbelievable Power of Building a Community - Live at FinCon
Oct 10, 2016 • 27 min
#46: This episode is a little unusual because I interviewed fellow podcast listeners live at FinCon (a conference for financial bloggers). Why? To get to know you and understand you better. I want to know what makes you tick, and where your…
Ask Paula - Should I Invest $5,500 in One Huge Chunk? - and More Investing Questions
Oct 3, 2016 • 34 min
#45: Podcast listener Eva is interested in opening a Vanguard account. She noticed that people need $50,000 to access their personal advisor services. It’ll take her several years before she can access this. What should she do in the meantime? Amy,…
“Why I Quit My Dream Job” – with entrepreneur Leslie Samuel
Sep 27, 2016 • 52 min
#44: When Leslie Samuel immigrated to the U.S. at age 17, he hoped for the American Dream: an education, a secure job, and a traditional career path. But during his college years, Leslie realized he had an entrepreneurial streak. He made a few…
Jean Chatzky Shares Money Rules for Modern Life
Sep 19, 2016 • 33 min
#43: Jean Chatzky, financial editor for the TODAY Show, host of the HerMoney podcast and a frequent guest on TV shows like Oprah, Regis & Kelly, and The View is the bestselling author of many books, including Money Rules, which we discuss in…
The Incredible Value of Deep Work, Instead of Distraction – with Cal Newport
Sep 12, 2016 • 67 min
#42: Your most valuable asset isn’t your house, car or retirement portfolio. It’s your attention. Most knowledge workers spend their day frantically hopping between meetings, emails, phone calls and social media. But that’s not the best way to…
Ask Paula: Investing, Rebalancing and Renovating
Sep 5, 2016 • 31 min
#41: Mollie, a listener, is making smart money moves. She’s getting the maximum match on 403b contributions. She’s saving for a downpayment on a home. Her husband opened a Roth IRA. What’s next? After listening to the Jim Collins episode, Mollie…
The Power of Habit Formation, with Gretchen Rubin
Aug 29, 2016 • 71 min
#40: Most of us want to develop better habits. We want to exercise more, eat healthier, get more sleep, watch TV less, pay off debt, or save money. The problem? We make excuses. We tell ourselves we’ll splurge “just this one time.” We convince…
The Seven Stages of Financial Independence, with Joshua Sheats
Aug 22, 2016 • 85 min
#39: It’s tempting to think of “financial independence” as a finish line. You’ve either crossed the finish line, or you’re still running the race. But financial independence is more nuanced, says today’s guest, Joshua Sheats. We…
Why You’re Not As Busy As You Think, with Laura Vanderkam
Aug 15, 2016 • 38 min
#38: There are 168 hours in a week. If you work 40 hours per week and sleep 8 hours per night, you’ve accounted for 96 hours. You have an additional 72 waking hours per week. What are you doing with this time? That’s the…
Chris Guillebeau — How to Live a Remarkable Life in a Conventional World
Aug 8, 2016 • 35 min
#37: Chris writes about life, work and travel. He has visited every country in the world and written a number of New York Times best selling books. He joins us to talk about challenging ourselves, experimentation,and deliberately changing our…
Ask Paula — Should I Buy a Turnkey Rental Property? — and More Real Estate Investing Question
Aug 1, 2016 • 25 min
#36: It’s the first Monday of the month, and you know what that means … Time for another Ask Paula episode! On today’s show, I answer a handful of phone calls from listeners who posed questions about real estate investing. One caller from…
How to Start Freelancing on the Side, with Carrie Smith from Careful Cents
Jul 25, 2016 • 36 min
#35: Carrie Smith enjoyed her full-time accounting job, but she wanted to make extra money on the side. Who doesn’t, right? She landed a second job in a tax office, working 9-to-5 for one employer and 5-to-9 for the other. She…
How I Built a Six-Figure Online Store — with Steve Chou from My Wife Quit Her Job
Jul 18, 2016 • 42 min
#34: Steve Chou’s wife used to work grueling hours at a job she dreaded and despised. When she became pregnant with their first child, she decided to quit. The problem? She earned six figures, and their family needed that…
How I Became a Millionaire on a Military Salary - with Doug Nordman
Jul 11, 2016 • 37 min
#33: After serving in the Navy for 20 years, Doug Nordman, then-age 41, retired from his military career. Most of his peers started second careers in the civilian world. But Doug didn’t. He had an ace up his sleeve: he had spent his…
Ask Paula: The Market Might Drop. Should I Sell?
Jul 4, 2016 • 41 min
#32: Should you sell your stocks, given that we might be heading for a possible downturn? Also, what are the downsides of index funds? Should you invest in out-of-state rental properties, and if so, how can you figure out where to look? These are just…
The Simple Path to Wealth, with Jim Collins
Jun 27, 2016 • 34 min
#31: Jim Collins, also known as popular blogger JL Collins, has been financially independent since 1989. He achieved this in the simplest way possible: he saved half of his income and invested in index funds. Jim says the simplest possible approach…
Okay, I’m Financially Independent. Now What? — with Jim Wang
Jun 20, 2016 • 86 min
#30: When Jim Wang was 29-and-a-half, life changed forever. Jim started an online company (a blog) in his mid-20’s. His website grew to several hundred thousand readers and started earning five-figure monthly sums. It sounds too good to be true. I…
Ask Paula: Pay Debt vs Buy a Home? Invest in Index Funds vs Creative Alternative?
Jun 13, 2016 • 38 min
#29: Paula answers questions you sent in about multi-level marketing, paying off credit card debt vs buying a house, and socially responsible investing. For more information, visit the show notes at
How I Woke Up, Removed the Blindfold, and Noticed My Money for the First Time — with Evelyn Connors
Jun 6, 2016 • 43 min
#28: Most people only pay attention if there’s a problem - that includes money. Guest, Evelyn Connors gets honest and raw about her previous understanding of how money works and her uber-excitement of taking control of her FI (financial independence)….
Pete the Planner, Comedian-Turned-Money-Columnist, on Millionaires and Mock Retirements
May 30, 2016 • 39 min
#27: Pete the Planner talks about why millionaire-dom is important and why it’s important to try a “mock retirement”. For more information, visit the show notes at
The Last Show With Jay
May 23, 2016 • 73 min
#26: Sometimes you need to let go of the good for the great. Jay Money has started a lot of projects, only to let them go because they didn’t match his goals. The show must go on - and it will with Paula at the wheel. Jay will be back from time to…
The Stacking Benjamins Roundtable Plays a Game of ‘Would You Rather’
May 16, 2016 • 40 min
#25: Would you rather…have $15k in quarters or $15k in dollar bills? Today we have fun with Joe Saul-Sehy, Len Penzo and Greg McFarlane (HELLO Greg) from the Stacking Benjamins Roundtable. For more information, visit the show notes at
Ask Us Anything #4 - Betterment, Wealthfront, Robo-Investing — What’s the Deal?
May 9, 2016 • 62 min
#24: You ask. We answer. Let’s grab a beer. This is the first Ask Us Anything in which we hear YOUR voices — which makes this episode extra-awesome. In this week’s episode, Paula and J. Money tackle listener-submitted questions, such as:…
Farnoosh Torabi, Host of CNBC’s Follow the Leader, Spills the Secrets of Successful CEOs
May 2, 2016 • 49 min
#23: Farnoosh Torabi is host of CNBC’s Follow the Leader. She shares stories about spending 48 hours with the most influential business leaders in the nation. For a list of notes and resources, visit
How Jeremy and Winnie Retired in Their 30’s
Apr 25, 2016 • 57 min
#22: Jeremy and Winnie are the bloggers behind Go Curry Cracker. They took a vacation to the Philippines and decided this was where they wanted to live - and retire there early (like REALLY early). For more information visit
Making Money as a Voice Over Actor with Carrie Olsen
Apr 18, 2016 • 52 min
#21: Carrie Olsen started podcasting with her husband, then dipped her toe into the voice-over industry and is KILLING IT! For more information,
From Debt to Financial Independence, with Get Rich Slowly Founder JD Roth
Apr 11, 2016 • 58 min
#20: The Money Boss, JD Roth, went from $35k in credit card debt to selling a personal finance blog for an undisclosed amount of money. Today he shares how financial independence affected him - and how having enough money to be financially independent…
Football and Hip-Hop’s Financial Advisor Rob Wilson Talks About Managing Celebrity Money
Apr 4, 2016 • 54 min
#19: Financial Advisor to the stars, Rob Wilson, gives us the inside scoop on what kind of help celebrities and sports heroes need. What he tells us may surprise you! For more information, visit the show notes at
Ask Us Anything #3 - Real Estate Investing Edition
Mar 28, 2016 • 57 min
#18: Listener questions are back by popular demand! Paula answers your questions about real estate investing niches, strategies, and things to stay away from. For more information, visit the show notes at
Making Money as an Uber and Lyft Driver, with The RideShare Guy Harry Campbell
Mar 21, 2016 • 64 min
#17: Harry began driving for Uber 2 years. Now he’s making 6-figures sharing tips for how to maximize time and profit with Uber, Lyft, DoorDash and PostMates. For Harry’s rideshare money-making tips, visit
How Aaron Epstein Went from Side Hustler to Selling a Multi-Million Dollar Company
Mar 14, 2016 • 70 min
#16: Aaron Epstein shares his story of shoveling snow as a kid to launching a profitable website during college to selling a multi-million dollar company. For more information, visit the show notes at
Ask Us Anything #2 - Dollar Cost Averaging, Pay off Debt or Invest
Mar 7, 2016 • 56 min
#15: Q&A #2 with Paula, the analytical one, and J. Money, the heart of your M.O.N.E.Y. Team Follow along with the answers:
So You Want to Be a Blogger?
Feb 29, 2016 • 60 min
#14: Can you make money as a blogger? How? We share the good and bad reasons for choosing to go into blogging. Send us your questions or comments
How to Destroy Your Stupid Debt, with Steve Stewart (and the controversy around Dave Ramsey!)
Feb 22, 2016 • 68 min
#13: Steve and his wife got on the Dave Ramsey plan and they paid off their house! Plus, you’ll want to check out Steve’s little coaching trick of Rent vs Buy vs Invest. For more information, visit the show notes at
Ask Us Anything #1 - Student Loan Help, Tax Hacks, Time Management Tips and REITs
Feb 15, 2016 • 68 min
#12: It’s time to pick the brains of Paula and J. Money with our first ever “ASK US ANYTHING” episode. Follow along with the answers:
Making $100k from eBay and Airbnb with Jay & Ryanne
Feb 12, 2016 • 54 min
#11: Jay and Ryanne have created a beautiful life for themselves scavenging for resale items in rural areas and renting houses in the Shenandoah National Park area of VA. Read more at
From Millionaire to Broke, Plus the Habits of the Rich, with Tom Corley
Feb 10, 2016 • 57 min
#10: OMG! It’s Tom Corley, the RICH HABITS guy! Jay is having a heart attack. Tom Corley studied self-made millionaires and poor people to come up with some interesting results. He wrote about it in a story called “Rich Habits”. Tom shares his story…
Tools We Use to Kick Ass and Grow Wealth
Feb 8, 2016 • 70 min
#9: Checking, savings, investment accounts, car insurance, credit cards, even umbrella insurance - it’s all covered in this episode. These are the financial tools Jay Money and Paula Pant use. For a complete list of resources, visit
How Jay Became a Half-a-Millionaire — and Why He Wants You to Track Your Net Worth
Feb 5, 2016 • 50 min
#8: J. Money is a HALF-MILLY! He loves to share his journey to growing net worth on his blog, as well as the net worth of 180 other financial bloggers. See the short list and find links to resources by visiting the blog at
The Mad Fientist Reveals the Science of Financial Independence
Feb 3, 2016 • 59 min
#7: One of the M.O.N.E.Y. Show’s favorite personal finance bloggers joins Paula and J. Money to talk about retiring early and hacking your HSA. For full show notes with links to resources, visit
How to Transition from Hustler to Entrepreneur
Jan 28, 2016 • 59 min
#6: J. Money says a hustle is “a way to make money on the side, but more of a passion project or something that is fun. You do it for more than just money.” Paula says it’s a “microbusiness”. No matter how you slice it, a hustle is a way to make…
How Kids Affect Your Hustle (and it’s Okay!)
Jan 28, 2016 • 60 min
#5: Paula wants to know how J. Money’s life has changed as a hustler since having kids. For a while, J worked less and made less money. “It was a conscious decision to not make as much money for a while. I was more than happy making less because I…
Ultimate Beginner Guide to Real Estate Investing
Jan 28, 2016 • 60 min
#4: Paula shares a confession. Then she redeems herself by sharing her gross monthly income. (Yeah. Listen from the beginning). Full show notes at http://TheMoneyShow.co/04 There are a variety of ways to invest in real estate: Flipping houses…
Habits We Rock to Kick Ass and Grow Wealth
Jan 28, 2016 • 67 min
#3: Paula and J. Money share the financial habits they use to grow wealth. Full show notes can be found at http://themoneyshow.co/03 Listen as they share their favorites (and a couple neat tricks): Track Net Worth Maximize retirement savings accounts…
Don’t Feel Guilty - Buy a Coke Zero and Pay Someone to Mow Your Lawn
Jan 28, 2016 • 54 min
#2: Once again, Paula and J. Money see things differently. J. Money preaches budgeting, Paula practices the “anti-budget”. J. Money examines every expense to find savings. A couple years ago he switched phone providers and saves $100 a month, $20…
The Story of M.O.N.E.Y. — Having Heart and Hustle
Jan 28, 2016 • 42 min
#1: Becoming successful in finances takes more than M.O.N.E.Y. - it takes heart and hustle. Meet Paula Pant and J. Money. Both worked day jobs before becoming successful bloggers. They share their stories about buying a house before the market tanked,…