Much of the game around managing money is about the little things…not making the small mistakes and doing those little things that can turn failure into success in a hurry. Today, Norm Champ (formerly of the Securities and Exchange Commission), joins us to talk about mastering your money. What are some of the moves you can make to be a better money manager? We’ll talk about controlling expenses (with some ideas to help you hone your budget), automating your money, and more on today’s show.
Plus, where does the money come from that most Americans use during retirement? The ugly answer we’ll share during our headlines segment. Plus, we’ll discuss lessons learned from the terrible event that dominated the headlines last week: Kobe Bryant’s tragic helicopter accident.
Later we’ll throw out the Haven Life Line to Julie, who asks about a fund many investors “in the know” talk about often. What’s the difference between “VTSAX” and the rest of the less-often suggested crowd of funds that do the same thing? …and of course, we’ll save some time for Doug’s trivia.
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- Here’s where most Americans are really getting their retirement income (CNBC)
- Kobe Bryant’s daughter Gianna also killed in helicopter crash (MSN)
<> Norm Champ
Check out Norm’s book Mastering Money : How to Beat Debt, Build Wealth, and Be Prepared for Any Financial Crisis
<> Doug’s Trivia
- What is the name of Don McLean’s song he made in tribute to “the day the music died“?
<> Haven Life Line
- Julie wants to know: What’s the difference of funds of the same nature from different brokerage accounts? Does it really matter?
Want the guys to answer your question? You can call into the Haven Life Line and get your question answered on-air HERE.
Join us Wednesday!
Ever consider downsizing your home? We’ll be joined by JT and Tamzon from our Basement Facebook group about how they did it.
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