The Logan Allec Show

The Logan Allec Show

Let's thrive together! The Logan Allec Show provides straight answers to financial questions and the latest updates that affect YOUR pocketbook.

Episodes

November 25, 2021 14 min

Why is crypto crashing?  As of the time I'm recording this video, bitcoin and ethereum are both down over 6% with some popular smaller coins like Avalanche and Crypto.com Coin down even more!  What's going on?  In this episode, I give you the reasons why I believe that bitcoin is down today as well as how I'm respond to crypto dropping like this.  What do you usually do when bitcoin falls?

Featured:
► Earn Interest on Yo...

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The Crypto.com Coin (CRO) is dropping today!  Is now a good time to buy?  This is what I talk about in this episode!  Crypto.com Coin (CRO) is the native token of the Crypto.com ecosystem, a cryptocurrency platform that allows you to buy and sell cryptocurrency, buy and sell NFTs, transact in cryptocurrency through the Crypto.com VISA debit card, earn yield on your cryptocurrency, and borrow against your cryptocurrency.  NOT FINANC...

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I wanted to share a few of the ways I save money at Target on groceries and other basics. None of these tips cost any money — they only save it. 

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I just minted the JRNY Crypto NFT because I was lucky enough to get on the whitelist!  I was able to mint for one ethereum since I was on the whitelist, and I could turn around right now and sell my JRNY NFT on OpenSea for over three ethereum, giving me a quick $9,000+ profit!  But I'm not selling!  And in this episode I tell you why.

JRNY Crypto NFT Links:
► JRNY Crypto NFT Website: https://jrny.club/
► JRNY Crypto Twitter: h...

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November 19, 2021 12 min

I'm the proud owner of the very first Disney NFTs!  This NFT set is called Disney Golden Moments, available only through the VeVe app. These NFTs weren't cheap, but they've already increased in value. I'll explain how I bought them, why I bought them, and show you exactly how much their value has grown. I'll also share the biggest downside of VeVe, and why it doesn't worry me that much. Finally, I'm invi...

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Don't pay more taxes than you have to! I'm giving you tips and strategies you can start working on TODAY that will save you money when you file your 2021 taxes.

This episode covers tax reduction strategies for everyone, plus special situations. If you or anyone you know received unemployment benefits, has kids, paid money toward educational expenses, works from home, or drives their car for work, make sure to listen!

► My Pe...

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Paying off debt is AWESOME, but just like everything when it comes to personal finances, there's a RIGHT way to do it and a WRONG way.  In this episode, Logan discusses three big mistakes he sees people make when paying off their debt.

► My Chime $100 Referral Link: http://go.moneydoneright.com/chime

► My Personal Finance Course (Use Promo Code LOGAN for 50% Off): https://www.loganeducation.com/offers...

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There's a viral Facebook post going around claiming that Biden's new 1099-K requirements will force us to pay taxes on our everyday PayPal and Venmo transactions!  Is this true?  Find out in this video.

► My Personal Finance Course (Use Promo Code LOGAN for 50% Off): https://www.loganeducation.com/offers...

Watch Next:
► Does Investing in Real Estate Save You on Taxes?: https://youtu.be/-O5CoFZEjBs
► How to File Back Taxes: htt...

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October 18, 2021 6 min

The average Walmart shopper spends $3,400 at the shopping giant every year!  Here are nine ways on how you can save money shopping here so you keep more money in your pocket!

Watch Next:
► Using GetUpside to Save on Gas: https://youtu.be/Uw9Wb-tIl1A
► Using Shopkick to Save Money at the Store: https://youtu.be/s1f3PGbJ2qg
► My Personal Finance Course (Use Promo Code LOGAN for 50% Off): https://www.loganeducation.com/offers...


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Quitting your job is obviously a huge life decision, and there are 10 things  you should DEFINITELY do or at least consider before parting ways with your employer!

► My Money Course (Use Coupon Code YouTube for 50% Off!): https://www.loganeducation.com/prosper


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Rakuten, formerly Ebates, is a well-established service that helps you get cash back on online and in-store purchases just about anywhere you shop.  But how does it stack up?  Is Rakuten legit?  And what's up with its weird payment schedule?  In this Rakuten review, I explain how Rakuten works, walk you through making a purchase and getting cash back through Rakuten, go over the Rakuten pros and cons, and tell you the kind of p...

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October 8, 2021 13 min

Even if you only have $100 to invest, you can start building your fortune today!  Here are six ways to invest $100.

Get Started Investing:
► BlockFi (Get Up to $250 in Bitcoin) ➭ http://go.moneydoneright.com/blockfi
► Webull (Get 2 Free Stocks) ➭ http://go.moneydoneright.com/webull


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Should you get the Platinum card from American Express? In this Amex Platinum review, I'll go over the card’s annual fee, credits, pros, cons, and more. At the end of the episode, I'll provide examples of who this card might or might not be a good fit for.

➡️ My AmEx Platinum Link: http://go.moneydoneright.com/American...
➡️ My Citi Double Cash Link: http://go.moneydoneright.com/citi-dou...

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My brother Tim just graduated from high school this summer, so I thought I'd put together a video sharing my top 7 financial tips for new high school graduates.  I cover things like student loans, living at home, budgeting, side hustles, setting up a savings account and a Roth IRA, credit cards, and more!

👇 Other Videos Mentioned:
- How to Build a Budget in 5 Steps: https://youtu.be/JPwTAVgMVSg
- Getting Started on YouTube...

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Investing in real estate can be a great move, but does it really save you on taxes?  You hear a lot about real estate tax benefits like depreciation, amortization, and cost segregation, but what do these mean to the average part-time rental property investor?  Find out about real estate tax benefits and what they mean to your tax situation in this episode!

➡️ My FAVORITE Passive Income Idea: https://youtu.be/qe7MWhx-e1A
➡️ Don't ...

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Roth IRAs are a great way to invest with tax-free growth, but with a tax benefit this good, there are definitely some pitfalls to watch out for.  In this episode I break down 15 of the worst IRA mistakes I've seen as a CPA.  Whether it's contributing too much to a Roth or not understanding the backdoor Roth IRA rules correctly (including the pro-rata rule), you definitely want to avoid these Roth IRA blunders to maximize yo...

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August 27, 2021 10 min

When people talk about saving money by budgeting, they're usually talking about finding ways to cut your expenses.  This means looking for things that you spend money on that you really don’t need to.  But in fact there are some things where I would say that you should fight the impulse to save and just go ahead and spend the money. Yes it’s an expense, yes it’s going to hurt your bank account today, but sometimes you’re going ...

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Last week, Chase rolled out HUGE changes to its Chase Sapphire Preferred and Chase Sapphire Reserve cards.  These changes could definitely change the calculus of which of these cards is better for you, and in this video I break down all the changes and what they could possibly mean for your credit card strategy.  Click SHOW MORE to see my card links! 👇
➡️ My Chase Sapphire Preferred Link: http://go.moneydoneright.com/Chase-S...

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In this Amex Gold Card Review for 2021, I go over the features of the American Express Gold Card (or lack thereof), its fees and rewards, its pros and cons, and more!  I also walk through two examples of kinds of people or situations where this card might be a good fit along with two kinds of people or situations where I’d probably recommend you get another card. 

Click SHOW MORE to see my card links! 👇
➡️ My AmEx Gold Link:...

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In this episode, I compare the Chase Sapphire Reserve vs. the Chase Sapphire Preferred.  These are two popular Chase credit cards that I've done separate reviews for here on the channel (links to my separate reviews are below).  Click SHOW MORE to see my card links! 👇
➡️ My Chase Sapphire Reserve Link: http://go.moneydoneright.com/Chase-Sa...
➡️ My Chase Sapphire Preferred: http://go.moneydoneright.com/Chase-Sa...

DISCLAIM...

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