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Start100K

Brandon Lovingier

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The podcast designed to help people get to their first $100,000 dollars of net worth – and beyond! Follow along as host Brandon Lovingier shares his past financial failures, how he overcame those setbacks, and how you can too! His family was able to become debt free and get on track to financial security and independence before ever earning more than $50,000 per year. His passion for helping others has led him on a journey to share practical tips that anyone can apply. Now go get started!
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The Advised podcast is hosted by Financial Planner and entrepreneur Rick Luchini. On this podcast you’ll find interviews and insights on a wide range of financial topics. Rick’s mission is to lift the veil on personal finance and help you make better decisions.
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show series
 
Thinking of retiring before 65? Don't Miss This One! Today I shed light on Health Insurance in retirement with the help of insurance expert Jocelyn Wolf. We cover how to get affordable coverage before 65, and some pitfalls to avoid now, and after switching to Medicare. Although we mention our local state's exchange, most of these same techniques an…
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Today is an important discussion around mindset for any stage of your financial journey. Listen as we discuss finding balance between saving and living, and defining success on your own terms. Enjoy! My guest, Brandon Lovingier, ChFC®, MQFP® aka The Enlisted Money Guy™, has served over 18 years in the Army – including deployments to Iraq and Afghan…
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Ohan "The Money Doctor" is a certified financial planner who helps beginner investors navigate their financial challenges. In this episode, he passionately dispels financial myths and underscores the importance of accessible financial education. Listen in as he offers practical tips to those earning six-figure salaries but living paycheck to payche…
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Today's episode is all about retirement income planning. I chop it up with Hamilton Brandenburg, a virtual financial planner focusing on helping retirees spend money and save on taxes. If you're doing your own napkin math and considering retirement, this episode will give you a lot to start thinking about. Check out more from Hamilton: https://bran…
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Exploring an unconventional approach to financial advice with Aaron Buchner, Financial Planner and owner of Cactus . Aaron discusses balancing living in the moment with future planning. We challenge the traditional emphasis on retirement and building wealth, suggesting that you should prioritize happiness and fulfillment in your work and personal l…
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How do you define enough I know for me this is kind of a difficult question and it's something that I wanna get into a little bit deeper this month with some of my other writing and I just think about this in terms of so many things um you know I mean is this money is it time is it lifestyle is it freedom and you know for me I think there's a littl…
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Read my article on Enlisted Money If you’re a money nerd like me, you’ll love creating your own little “holiday” for it – Money Day! I originally got this concept from J.D. Roth’s blog, Get Rich Slowly. Our annual Money Day has evolved over the years, but it’s a great forcing function to keep us on track financially. This also serves as an excuse f…
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It has been years, actually, over a decade since we changed banks for our high-yield savings account (HYSA). But this is the year, I had a bad experience. I’m actually kind of embarrassed about it, but more on that later. Long story short, we were not being valued as loyal customers and I refuse to stay with a bank that treats me unfairly. Housekee…
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From walking-on at Penn State to being drafted by the St. Louis Rams and now turned CEO, Central Pa's Josh Hull refuses to take no for an answer. Get inspired by this humble, small town guy who continues to overcome adversity by leaning on Family, Mindset and Faith. Listen as we discuss the dangers of attaching your identity to sports and your care…
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Your #401k does not manage itself. Sure, there are some automation buttons you can choose from, and it's easy to let 2, 3 maybe even 10 years slip by without giving it another thought. Your 401k will likely become (if not already) your biggest asset. It's what you will rely on to fund the majority of your retirement years. With something that impor…
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The world has changed, yet the traditional cold turkey retirement is still mainstream...WHY? What if you could get to the good stuff sooner? How much energy would you have? Would your health improve? Would your relationship with your spouse and children get stronger? Would you, just simply be happier? For many the answer to all those questions and …
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In Today's episode I discuss the impact of financial advice before age 50. Why it should be very different than the advice your parents receive, and some things to consider when getting started. Somewhere along the way, Financial Planning became synonymous with Retirement Planning. The truth is, Financial Planning is comprehensive financial advice …
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Investor behavior is the number one reason for investment underperformance. In today's episode I discuss a new way to view your investments and how to contextualize your losses (and gains). Having a basic understanding of how you're invested, and WHY you own certain positions goes a long way in making the right decision when times are tough. Not ha…
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The retail investor today has access to more investments, free platforms and better tools than advisors did a short 10 years ago. While the data proves that the long term investor is better served with a low cost, well diversified portfolio, why are so many still paying so much for something that can be done for free.? In this episode I discuss a n…
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I sat down with Tami Clark, the Executive Director of the Central Pennsylvania Scholarship Fund to uncover a hidden gem for PA tax payers, and especially Small Business Owners. We discuss how this program works, who it is best for and some common misconceptions you may find when doing your own research. If you are a PA resident and love to support …
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Too often I see savers and responsible families not know how to distribute those savings back to themselves in a responsible way. The end result is a fear based approach that errs on the side of caution leaving a lot of unspent dollars, and unlived experiences behind. Don't forget about TODAY, when planning for tomorrow.…
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Join us for an insightful conversation in the debut episode of 'Advised' podcast! In this episode, host Rick engages in a candid discussion with Medicare expert Jocelyn Wolf. They delve into the world of health insurance, demystifying common misconceptions, sharing valuable insights, and exploring how to navigate the complex landscape of Medicare. …
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Episode 31 - The Value of Military Pay and Pensions As a service member getting closer and closer to retirement myself, I like to look at and think about how to value my military pension. I recently received my last promotion I plan to get before I retire, so I’m getting a lot more serious about how this fits into our overall plan for financial sec…
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Crack money??? Listen in as Zac Spainhour and Brandon talk about what “crack money” is and what to do about it. Hear about ideas to keep your crack money in check while still living life. Simplicity and ease of use are definitely keys to keeping your finances on track and under control. To learn more about Zac Spainhour, please follow him on Linked…
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Doug Nordman has been a really positive influence and great mentor for me. He was gracious enough to share some of his thoughts about how junior leaders in the military can take care of those they lead financially. For more from Doug, please visit his website, find him on Facebook, or send him an email at nordsnords@gmail.com. https://militaryfinan…
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Check out the interview with Monica Scudieri! We discuss her new book: Grab Your Slice of Financial Independence. Monica’s story is really inspiring to really anyone, but especially if you’re working through struggles on your journey to become financially secure and independent. Check out her website and where you can pick up a copy at : https://ww…
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Budgeting isn’t particularly fun. We’ve recently started using a simple, homemade Google form to augment our envelopes and automation that we normally use. So far, we’ve had great success with it! Full article: https://start100k.com/google-forms-budgeting/ Even if you try and change the name to spending plan or whatever, its still a budget. It’s no…
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It gets really hard to evaluate things objectively sometimes. This is true for investments, large purchases, and even career opportunities. I want to talk a little today about how I like to think about things in a way that lets me separate my emotions temporarily in order to evaluate things more objectively. Here’s the “trick” if you want to call i…
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I believe that it is impossible to feel better about yourself by comparing yourself to other people. What does feel good? Comparing yourself to who you used to be. I talk about my personal mission statement of perpetual improvement in Episode 10. I work hard to improve every person, project, or organization I’m involved with. This includes myself. …
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Hear about monetary benefits of military service including how to get paid to go to college and evaluating what kind of a pay cut you might get when exiting military service. To ask a question, email podcast@start100k.com and I’ll be happy to address your questions in a future episode. To contact David, please email: david@ dreamfinancialcoaching.c…
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Is getting a tax refund a good thing? I used to think so, but now I feel a little bit differently. Here’s how I try to imagine the process of how we pay taxes in the US. Basically, we have what I like to think of as an imaginary cookie jar that you are filling up as the year goes on. You know that you have to give Uncle Sam a few of the cookies you…
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Doing it yourself, or DIY, is a common way for people to save money, but is it always the best choice? Let's talk about some wins and fails when it comes to DIY and some rules around how to decide when you should and should not do it yourself. To contact me, please email podcast@start100k.com. Now go get started!…
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Food is one place we actually spend more on, but we are still pretty frugal. Here’s what I mean. We prioritize health and performance. We buy high quality meats and vegetables. We also use a lot of spices, so that adds a bit to the budget as well. To take advantage of all these tips, you might need to work on your cooking skills a bit. However, tha…
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Episode 17 – How Income Tax Brackets Work Have you ever wondered how the U.S. federal income tax brackets work? You might be surprised at what you didn’t know. Today, I’ll explain how income tax brackets work and why that’s important to understand as you unlock your earning potential. Action Items: Take a look at the IRS website and check out the c…
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Creating a budget for the first time can be so intimidating, but it doesn’t have to be! Whether you know a little or a lot about personal finances, having a budget is vital. No matter what, you need to make a plan that works for you and others that you share a budget with. If you don’t have anything else to start with, you can use a simple budget t…
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Which is more important? Earning or saving more money? I’ll talk about the facts around both and how to strike a balance between the two schools of thought. Spoiler alert! They’re both important! Full article: https://start100k.com/the-cost-of-earning-more-versus-saving/ Action Items: Check to see what your top marginal tax bracket is for your fede…
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Full Article: https://start100k.com/?p=93 Imagine this, you’re working to get your finances on track, paying down debt, and your car breaks down or you have an emergency room visit and have to pay a deductible. If you have an emergency fund, you pay for it with your cash and then build it back up and move on. If you didn’t have the emergency fund, …
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I’m reviewing The Total Money Makeover by Dave Ramsey. This book was introduced to me by JD Roth’s blog Get Rich Slowly. This is the book that started our journey to becoming debt free and put us on the path to financial independence. My wife and I read The Total Money Makeover chapter by chapter and discussed everything as we went along. I enjoyed…
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I’m Chatting with my good friend David about the importance of building up FU money quickly and how this can help members of the military make the best decision for them based on just on money, but what will make them happy. I step-sold myself into staying longer and longer in the military and if I had the finances built up in my first enlistments,…
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Can you save an extra dollar a day? We’re now in the time of year where New Year’s resolutions are made. Big lofty goals are hanging in the air, but most will not stick. It’s not because the goals are wrong or too big. It’s because we forget about the power of the process. If you want to lose weight, start with 5 minutes a day of working out and ne…
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This week, I’m going to talk about how to start planning out our annual review which I call Money Day. I got this concept from the Get Rich Slowly Blog. In short, it’s a day to set aside and take care of financial stuff. Ours has evolved over the years, but we’ve been doing this for the past 10 years. I’ll link to the article in the show notes. I h…
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Links: Investment Calculator: https://www.calculator.net/investment-calculator.html 4% Rule Resources: https://www.kitces.com/blog/bill-bengen-4-percent-rule-safe-withdrawal-rates-historical-returns-research-book/ https://www.kitces.com/blog/shiller-cape-market-valuation-terrible-for-market-timing-but-valuable-for-long-term-retirement-planning/ Thi…
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Holiday Giveaway 2021! Email me with a money question to enter to win a copy of I Will Teach You To Be Rich by Ramit Sethi or The Total Money Makeover by Dave Ramsey. If you already have those, you can tell me who you would like me to gift it to and I’ll send it their way instead! Check out our Facebook group for a template net worth tracker and mo…
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What’s so special about the first $100,000? How do I calculate my net worth? What do I include in my net worth? I’ll discuss these questions and present and example to show how powerful getting started really is. I’ll discuss the pinnacle point and what’s so cool about compounding growth. Check out our Facebook group for a template net worth tracke…
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In this episode I’ll discuss the pros and cons of pursuing financial security and independence. I created 4 categories to help me organize my thoughts on this: Positive Tangible Benefits, Negative Tangible Effects, Negative Non-Tangible Effects, and Positive Non-Tangible Benefits I’ll also discuss part of why I’m pursuing financial security and ind…
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Buying and selling cars can be a real hassle, create stress, and be relatively unpredictable. In this episode I'll talk about how I take unpredictable vehicle expenses and turn them into a predictable monthly payment (to yourself!) that I call my vehicle fund. This takes what you would have been making in car payments and turns it into a savings ac…
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