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36. Make Mounds by Managing Your Personal Finance Like a Business with David Mulonas
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Welcome back to The Prosperity Perspective Podcast! This week, host Liam Leonard brings on a fellow financial podcaster and investment expert, David Mulonas. David began his financial journey in the negative: his wife owed a mound of debt and he was trying to refinance his house after a divorce. Now, David has accumulated wealth from a variety of investment options, and he’s ready to share it with you!
Hop into their conversation and get tips on running side hustles for profit, the necessity of running a full-scale personal budget first and foremost, and where to even start investing in the first place. Don’t miss the load of information David gives you this week here at Prosperity Perspective!
3 Key Takeaways
- The number one thing people miss in business
- Why you shouldn’t get caught in FOMO
- The definition of an opportunity zone
About David Mulonas
David Mulonas an established corporate IT Project Manager and the host of the Something On My Mind Personal Finance podcast. He is also the author of I'm Not Flipping Burgers When I’m 70 (Personal Finance) as well as a financial coach who provides comprehensive planning for budgeting, debt management, home ownership and tools to invest for the future. He's also dabbled in side hustles from renting homes to making money with stock options.
The Story Behind David’s Podcast Venture:
When I met Cindy she was destitute: bankrupt, in foreclosure, homeless and abused by her ex-husband–and she was paying him alimony! As for me, I was out of work and had to pretend to be the HR department by forwarding an 800-number to my phone at my former job so that I could refinance my home just before the financial crisis (during my divorce).
We both had custody of our kids and we had a lot of "fixing" to do with our lives. We raised our kids successfully and built up portfolios for successful financial wealth over the last 10 years.
In time, Cindy went from the processing department to COO of a national financial wealth management firm with no formal college, and I became a published author in personal finance. We have also survived the unexpected with Cindy being hit by a car walking across the street along with two bouts of COVID. So we've been through things.
With our podcast, we cover all things finance, relationships and we mix-in personal and offbeat stories. So we are realists, but we’re always mixing humor into the equation.
Hence: we like to give back with our stories while helping people achieve their financial goals.
Resources
David’s Podcast: The Something On My Mind Podcast (We love to read your questions!)
Website: somethingonmymind.net
Check out their Merchandise
Social Handle: @somm.podcast
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