Skip to site content

In today’s show we cover the following:

** The Economy**

The White House lowers ’08 economic forecast (click here for more information)

October foreclosure filings up 94% over last year (click here for more information)

I did not want you to think that I was only pulling out the bad news… I did want to give you a little ray of hope with this article:
Q3 economic growth fastest in four years, revision shows (click here for more information)

** “Free” credit reports **

Many of you have probably figured this out. It appears that the credit reporting companies have figured out how to squeeze a ton of profit out of consumers for something that is suppose to be “Free”.
“Free” Credit reports sometimes aren’t free by Byron Acohido and Jon Swartz of USA Today (click here for more information)

** Improving Your 401k **

7 Ways to Lobby for a Better 401(k) according to Smartmoney.com (click here for more information)

** Misc. **

It probably bothers a few of my listeners that I close out today’s show with something that is not really related to personal finance… this is why I put it at the end of the show. For those that are interested I talk in today’s show about the link between myself and the passing of Gatorade’s inventor.

Read about Dr. Robert Cade (the inventor of Gatorade) and his life-time of accomplishments

Enjoy the Show?

Categories

Tags

Where You Can Watch and Listen:

Subscribe on these platforms or wherever you listen to podcasts! Turn on notifications to keep up with our new content, including:

  • Episodes of The Money Guy Show every Friday
  • Episodes of Making a Millionaire every other Monday
  • Mini-shows every Wednesday
  • Ask Money Guy Livestreams every Tuesday
  • Tons of other fun content!
Related Content

Free Resources

Financial Order of Operations®: Maximize Your Army of Dollar Bills! Thumbnail

Free Resources

Financial Order of Operations®: Maximize Your Army of Dollar Bills!

Here are the 9 steps you’ve been waiting for Building wealth is simple when you know what to do and the order in which to...

Wealth Multiplier By Age Thumbnail

Free Resources

Wealth Multiplier By Age

If you want to set yourself up for future success, find out how much you need to save every month to become a millionaire.

Car Buying Checklist Thumbnail

Free Resources

Car Buying Checklist

Here’s how you can buy a dependable car that won’t break the bank. Our free checklist walks you through the 20/3/8 rule and strategies to...

Articles

How To Pay Off High-Interest Credit Card Debt Thumbnail

Articles

How To Pay Off High-Interest Credit Card Debt

Credit card debt should be avoided at almost all costs. The average interest rate on credit cards is currently 24.20%, which means for every $1,000...

How To Invest for Retirement the Right Way Thumbnail

Articles

How To Invest for Retirement the Right Way

Our Financial Order of Operations lays out what to do with every dollar, including when to pay off debt, when to build an emergency fund,...

Average 401(k) Balance For a 30 Year Old (2024 Edition) Thumbnail

Articles

Average 401(k) Balance For a 30 Year Old (2024 Edition)

This highlight discusses the importance of being purposeful with your savings in your 30s, recommending a 25% savings rate to maximize financial growth and secure...

Financial FAQs

Courses & Tools

How about more sense and more money?

Check for blindspots and shift into the financial fast-lane. Join a community of like minded Financial Mutants as we accelerate our wealth building process and have fun while doing it.

Financial Order of Operations®: Maximize Your Army of Dollar Bills! Thumbnail

Free Resources

Financial Order of Operations®: Maximize Your Army of Dollar Bills!

Here are the 9 steps you’ve been waiting for Building wealth is simple when you know what to do and the order in which to...

Wealth Multiplier By Age Thumbnail

Free Resources

Wealth Multiplier By Age

If you want to set yourself up for future success, find out how much you need to save every month to become a millionaire.

Car Buying Checklist Thumbnail

Free Resources

Car Buying Checklist

Here’s how you can buy a dependable car that won’t break the bank. Our free checklist walks you through the 20/3/8 rule and strategies to...

Recent Episodes

It's like finding some change in the couch cushions.

Watch or listen every week to learn and apply financial strategies to grow your wealth and live your best life.

The Best Assets To Hold In Each Account Thumbnail

Episodes

The Best Assets To Hold In Each Account

Are your investments in the right accounts? We explain the three types of investment accounts, which assets should live where to maximize tax efficiency, and...

The BEST and WORST Cars for Financial Mutants (And Which Brands They Avoid) Thumbnail

Episodes

The BEST and WORST Cars for Financial Mutants (And Which Brands They Avoid)

Are you financing too much car? We break down the 20/3/8 rule, reveal which car brands pass our Money Guy test for dependability and value,...

The $75K Lesson That Changed Their Financial Future Thumbnail

Episodes

The $75K Lesson That Changed Their Financial Future

Jonah and Caroline earn $420,000 and built an $820,000 net worth by age 29, but they're carrying a $49,000 401(k) loan, recovering from a $75,000...