I don't care how much money you make, the day you stop tracking your expenses it's the day you become broke. The moment you start to believe I make so much money that I don't have to keep track of what I'm spending my money on is the beginning of your end (unless you're Jeff Bezos or something with more money than countries). Check out the ⁠⁠⁠⁠Ramb…

For some of us life looks good on the surface but we still feel horrible whenever we think about our finances. One of the reasons is that there are things that we have hidden from our sight but are still weighing on us every day. Let's talk about it Check out the ⁠⁠⁠Rambling Mind Newsletter⁠⁠⁠ Find me on more platforms: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠beacons.ai/kele…

Quote: I don't trust myself. I have evidence. Idea 1: My Laziness is Why I am Productive. Idea 2: To Say NO, You must Have a DEEP YES. Check out the ⁠⁠Rambling Mind Newsletter⁠⁠ Find me on more platforms: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠beacons.ai/kelechiwuaba⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ If you have questions email me at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠kelechi@ramblingmindshow.com --- Send in a voice me…

Rules feel restrictive until you realize they provide the most freedom. in this episode, I explain why you should have rules around your money and various aspects of your life. Check out the ⁠Rambling Mind Newsletter⁠ Find me on more platforms: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠beacons.ai/kelechiwuaba⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ If you have questions email me at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠kelechi@rambli…

Q4 GDP was released on Thursday, it was 3.3%. Far higher than the 2% economists expected. However, the great number hides a bigger problem with the American people. In this episode, we dive into the underlying numbers enabling the US Economy to keep growing but costing individuals their freedom. Check out the Rambling Mind Newsletter Find me on mor…

We are never told about the secondary costs of home ownership. It is a hidden cost that affects everything Find me on more platforms: ⁠⁠⁠⁠⁠⁠⁠⁠⁠beacons.ai/kelechiwuaba⁠⁠⁠⁠⁠⁠⁠⁠⁠ If you have questions email me at ⁠⁠⁠⁠⁠⁠⁠⁠⁠kelechi@ramblingmindshow.com --- Send in a voice message: https://podcasters.spotify.com/pod/show/ramblingmind/message…

I have come to the realization that the number 1 reason that 90% of us suck at handling money is because we suck at the skill of spending money. Let me Explain Find me on more platforms: ⁠⁠⁠⁠⁠⁠⁠⁠beacons.ai/kelechiwuaba⁠⁠⁠⁠⁠⁠⁠⁠ If you have questions email me at ⁠⁠⁠⁠⁠⁠⁠⁠kelechi@ramblingmindshow.com --- Send in a voice message: https://podcasters.spot…

With Mint shut down last year, thanks Intuit 😑. I was on a search for a new budgeting and spending tracker app. To read the writeup Find me on more platforms: ⁠⁠⁠⁠⁠⁠⁠beacons.ai/kelechiwuaba⁠⁠⁠⁠⁠⁠⁠ If you have questions email me at ⁠⁠⁠⁠⁠⁠⁠kelechi@ramblingmindshow.com --- Send in a voice message: https://podcasters.spotify.com/pod/show/ramblingmind/m…

An Important question we need to ask ourselves as we go through the year 2024 Find me on more platforms: ⁠⁠⁠⁠⁠⁠beacons.ai/kelechiwuaba⁠⁠⁠⁠⁠⁠ If you have questions email me at ⁠⁠⁠⁠⁠⁠kelechi@ramblingmindshow.com --- Send in a voice message: https://podcasters.spotify.com/pod/show/ramblingmind/message

Derek Thompson said, "Money is a vaccine against misery not a drug for happiness." The Wall Street Journal recently released research on how much money people say they need to be happy. It was interesting to see the general breakdown shown based on their current income and their needed income. Almost to a T, every single person "needed" a 50% incom…

Might just be what you choose not to do Find me on more platforms: ⁠⁠⁠⁠⁠beacons.ai/kelechiwuaba⁠⁠⁠⁠⁠ If you have questions email me at ⁠⁠⁠⁠⁠kelechi@ramblingmindshow.com --- Send in a voice message: https://podcasters.spotify.com/pod/show/ramblingmind/message

I released this post around July for a Mid-Year Review but I think everything on the list is the same items to be looked over for an End of Year Financial Review. Especially as we get some free time during the Holiday Season. You will not get through everything but at least there are items you can knock out quickly during your time off. Find me on …

With Thanksgiving being this week, I think it is the perfect time to reflect on all that 2023 has had to offer to each of us. Think about what we are grateful for and what we are grieving. --- Send in a voice message: https://podcasters.spotify.com/pod/show/ramblingmind/message

3 incomplete ideas: My Life Goal based on Ecclesiastes 5:18-20 How to get out of credit card debt The most beautiful time of year Find me on more platforms: ⁠⁠⁠beacons.ai/kelechiwuaba⁠⁠⁠ If you have questions email me at ⁠⁠⁠kelechi@ramblingmindshow.com --- Send in a voice message: https://podcasters.spotify.com/pod/show/ramblingmind/message…

Say it to yourself before you compare yourself to anyone else Find me on more platforms: ⁠⁠beacons.ai/kelechiwuaba⁠⁠ If you have questions email me at ⁠⁠kelechi@ramblingmindshow.com --- Send in a voice message: https://podcasters.spotify.com/pod/show/ramblingmind/message

Over the last 3 years, US citizens under 35 years of old have grown their net worth by over 143% (2.5x). However, every survey of these cohort shows they are more miserable than ever before. So the question is WHY? Check out the blog post by Ben Carlson: "Americans Have Never Been Wealthier & No One is Happy. Find me on more platforms: ⁠beacons.ai/…

When you can play both offense and defense with your money, you create greatness. Start Here to Understand Your Personal Finances: Basics of Money How to Invest & Pay Off Debt Find me on more platforms: beacons.ai/kelechiwuaba If you have questions email me at kelechi@ramblingmindshow.com --- Send in a voice message: https://podcasters.spotify.com/…

As much as we want to believe we have complete agency over everything we do. WE DO NOT! Our environment plays a massive role in how we live our lives. The question is What are we feeding on? Find me on more platforms: beacons.ai/kelechiwuaba If you have questions email me at kelechi@ramblingmindshow.com --- Send in a voice message: https://podcaste…

The Dunning–Kruger effect is a cognitive bias in which people with limited competence in a particular domain overestimate their abilities. We focus on the Mount Stupid part of the effect and not nearly enough on the Valley of Despair where most people are stuck. Find me on more platforms: beacons.ai/kelechiwuaba If you have questions email me at ke…

I spent much of my Friday morning staring at my computer trying to develop a complete idea to share on the podcast. Unfortunately, nothing worked. I made and scrapped about 9 Podcast recordings because the words were not coming out right. So rather than post nothing this week, I decided to try something different. Hope you find this useful Idea 1: …

I want you to say this to yourself: NOBODY IS COMING TO SAVE ME It sounds harsh but it's a truth that we all need to accept. Far too often we believe that if we just wait long enough someone will bail us out of our worst situation. Unfortunately, that isn't reality. That is a fantasy. Let's run through a real-life example.Find me on more platforms:…

TL;DL (Too Long; Didn't Listen) If you have student loans, the new SAVE plan by the Biden Administration is now allowing sign-ups. According to CNBC, this new plan can reduce some borrower's monthly payments by 50% and most borrower's will be able to save $1000/year with the new rules. Go to https://studentaid.gov/idr/ and follow the signup directi…

"I'm a believer in the ordinary and the mundane. I don't want quality time - I want the garbage time"-Jerry Seinfeld --- Send in a voice message: https://podcasters.spotify.com/pod/show/ramblingmind/message

"Sow a thought and you reap an action; sow an action and you reap a habit; sow a habit and you reap a character; sow a character and you reap a destiny." - Ralph Waldo Emerson A few things we believe about money hold us back from achieving our financial goals. So today, we are busting these myths. Let's get busting! Articles mentioned: House is not…

Risk is feature of life not a bug. Therefore we must act accordingly Find me on more platforms: beacons.ai/kelechiwuaba If you have questions email me at kelechi@ramblingmindshow.com --- Send in a voice message: https://podcasters.spotify.com/pod/show/ramblingmind/message

Little things quickly become big things. Find me on more platforms: beacons.ai/kelechiwuaba If you have questions email me at kelechi@ramblingmindshow.com Join the Discord: discord.gg/4Qj2pQ4 --- Send in a voice message: https://podcasters.spotify.com/pod/show/ramblingmind/message

July is almost over. Congratulations on making it halfway through 2023. Your gift, it is time for a midyear financial check-in. We all had New Year New Me Financials Goals. Now is a perfect time to review your goals for the year. If you are married, make sure you are having these discussions with your significant other. Do a date night and review w…

Highly focused people do not leave their options open. They select their priorities and are comfortable ignoring the rest. If you commit to nothing, you’ll be distracted by everything.-James Clear Find me on more platforms: beacons.ai/kelechiwuaba If you have questions email me at kelechi@ramblingmindshow.com Join the Discord: discord.gg/4Qj2pQ4 --…

Crazy to think that I am walking into the third decade of my life. Well in my short time on this floating space rock we call Earth, I have learned a few things that I believe have helped shaped me into the person I am today. By no means have I mastered any of these items on the list, rather they are general aims of who I want to become every year I…

The grass is greener on the side laced with bullshit -Morgan House The question I need to ask myself is "Can I deal with the stench of that manure? Can I handle smelling like that manure?" Find me on more platforms: beacons.ai/kelechiwuaba If you have questions email me at kelechi@ramblingmindshow.com Join the Discord: discord.gg/4Qj2pQ4 --- Send i…

Still away but I thought it would be good to reshare this episode since we are now halfway through the year and might need a little boost to get back going with our goals for the year. --- Send in a voice message: https://podcasters.spotify.com/pod/show/ramblingmind/message

Currently on the road with my brother traveling across the country. But didn't want to leave y'all with a dope pod to step to. So here is a rerun of an earlier episode from this year. I think it's a great reminder to power us through the rest of the year. Here are the 5 Biggest Failure Points, I have noticed around getting better financially: Peer …

I found this parable about a Mexican fisherman and an American investment banker. It was very profound and I wanted to share it with you all Find me on more platforms: beacons.ai/kelechiwuaba If you have questions email me at kelechi@ramblingmindshow.com Join the Discord: discord.gg/4Qj2pQ4 --- Send in a voice message: https://podcasters.spotify.co…

True But Not Important -Shaan PuriFind me on more platforms: beacons.ai/kelechiwuaba If you have questions email me at kelechi@ramblingmindshow.com Join the Discord: discord.gg/4Qj2pQ4 --- Send in a voice message: https://podcasters.spotify.com/pod/show/ramblingmind/message

We all have a choice. We all have a say. We are spectators in life or we get in and play. Whichever we choose, how we handle life's game, the choices are ours no one else is to blame. -Tom Krause Find me on more platforms: beacons.ai/kelechiwuaba If you have questions email me at kelechi@ramblingmindshow.com Join the Discord: discord.gg/4Qj2pQ4 ---…

These are an amalgamation of quotes and sayings that I believe to be true about money and life. They have had profound effects on me. Find me on more platforms: beacons.ai/kelechiwuaba If you have questions email me at kelechi@ramblingmindshow.com Join the Discord: discord.gg/4Qj2pQ4 --- Send in a voice message: https://podcasters.spotify.com/pod/s…

Lets talk about the danger of flippantly calling everything we buy an investment If you have questions email me at kelechi@ramblingmindshow.com Join the Discord: discord.gg/4Qj2pQ4 --- Send in a voice message: https://podcasters.spotify.com/pod/show/ramblingmind/message

“Wealth consists not in having great possessions, but in having few wants.” ~ EpictetusFind me on more platforms: beacons.ai/kelechiwuaba If you have questions email me at kelechi@ramblingmindshow.com Join the Discord: discord.gg/4Qj2pQ4 --- Send in a voice message: https://podcasters.spotify.com/pod/show/ramblingmind/message…

"Don't go expecting Plato's Republic; be satisfied with even the smallest progress, and treat the outcome of it all as unimportant." -Marcus Aurelius Expectations determine how we see the world. If we set the wrong expectations we will live a lifetime of pain an disappointment. Read the associated Blog Post for links to all the studies mentioned in…

“You have to realize, your thoughts are not really your own thoughts. They percolate in from other places and from other people.”-Robert Shiller Find me on more platforms: beacons.ai/kelechiwuaba If you have questions email me at kelechi@ramblingmindshow.com Join the Discord: discord.gg/4Qj2pQ4 --- Send in a voice message: https://podcasters.spotif…

Last week I did a webinar talking about everything to know about money. This is half of that webinar. I hope it is helpful to everyone and anyone. If you are interested in being in the next webinar, sign up here Find me on more platforms: beacons.ai/kelechiwuaba If you have questions email me at kelechi@ramblingmindshow.com Join the Discord: discor…

Last week I did a webinar talking about everything to know about money. This is half of that webinar. I hope it is helpful to everyone and anyone Find me on more platforms: beacons.ai/kelechiwuaba If you have questions email me at kelechi@ramblingmindshow.com Join the Discord: discord.gg/4Qj2pQ4 --- Send in a voice message: https://podcasters.spoti…

"Saving money is the gap between your ego and your income, and wealth is what you don't see. So wealth is created by suppressing what you could buy today in order to have more stuff and more options in the future." - Morgan Housel Find me on more platforms: beacons.ai/kelechiwuaba If you have questions email me at kelechi@ramblingmindshow.com Join …

Warren Buffet the greatest investor of all time released his annual shareholder letter on Saturday the 26th. I read it and got a few great life lessons from it. Here is a link to the letter if you want to read it for yourself Find me on more platforms: beacons.ai/kelechiwuaba If you have questions email me at kelechi@ramblingmindshow.com Join the D…

What is Enough for you? Celebrate the Mundane Blog Post Find me on more platforms: beacons.ai/kelechiwuaba If you have questions email me at kelechi@ramblingmindshow.com Join the Discord: discord.gg/4Qj2pQ4 --- Send in a voice message: https://podcasters.spotify.com/pod/show/ramblingmind/message

Random epiphany: Good advice is actually quite boring! Which makes it very easily ignored. Celebrate the Mundane Blog Post Find me on more platforms: beacons.ai/kelechiwuaba If you have questions email me at kelechi@ramblingmindshow.com Join the Discord: discord.gg/4Qj2pQ4 --- Send in a voice message: https://podcasters.spotify.com/pod/show/ramblin…

As you guys know one of my favorite writers is Morgan Housel. The title of this episode is an idea I stole from him. His version was Save like a Pessimist, Invest like an Optimist. Because anything can happen in the short term but usually things go well in the long term. That idea really got me thinking about the way most of us view life. Most of u…

I believe in order to form new habits, we need 3 key ingredients Motivation Discipline EnvironmentFind me on more platforms: beacons.ai/kelechiwuabaIf you have questions email me at kelechi@ramblingmindshow.comJoin the Discord: discord.gg/4Qj2pQ4--- Send in a voice message: https://podcasters.spotify.com/pod/show/ramblingmind/message…

These are habits that I have learned to love because of the effects it has had on me. Rest Starting my Days with Prayer and Bible Study Turning off all notifications minus texts and phone calls. Curating my social media feeds Working out/food Don't put it off. Using reminders Find me on more platforms: beacons.ai/kelechiwuaba If you have questions …

All of us have goals we want to accomplish in the new year. One of those goals might be paying off debt. In this podcast, I go over the 5 step process that I used to pay off over $20,000 in Tax and Credit Card Debt in 2017. Hope this is helpful for you as you go into 2023. Merry Christmas! The Steps are as follows Review your expenses Create a plan…