Main St. Finance

Main St. Finance

Main St. Finance is here to take personal finance and Wall Street investing and break it down to its basics so that all people can achieve an advanced understanding of the American financial system. You can then use that knowledge to better take control of your finances to manage budgeting, taxes, investments, retirement, and more.... Show More

Episodes

February 23, 2021 18 min

It’s Tax Season! I know that tax season isn’t the most exciting time, but for most people its also known as refund season. For a little bit of work of filing your taxes online, you can get a check from the government, but how does this all work? Today we are going to talk about tax brackets. Tax brackets are used in the United States, Canada, Australia, India, and several other countries as a way to tax all citizens fairly. The bra...

Share
Mark as Played

Credit Scores and Credit Reports. These are two terms that seem to rule our lives now-a-days, but what are they? Today I talk about what each of these are, what goes into each of them, what their purpose is, and I go over some resources to help you along your credit journey.

Have ideas for a future episode? Send in an email or tweet @MainStMoney to have your idea as a future show! Be sure to check out the YouTube channel for ...

Share
Mark as Played
February 9, 2021 9 min

What should you do first: invest or pay off your debt? Personally, I think the answer is a math problem. However, like most personal finance debates, there are two ways to answer every question. Today I cover my thoughts on both sides of the equation.

Have ideas for a future episode? Send in an email or tweet @MainStMoney to have your idea as a future show! Be sure to check out the YouTube channel for new demonstrations!

 

M...

Share
Mark as Played

Game Stop? AMC? The Short Squeeze of the century? Quite a lot of information has been flowing and crazy stock movements have been happening this week. I am releasing this week’s episode early because I want the information to be out before the market opens on Monday so you can get the information you need as soon as possible.

This week I talk about Game Stop and the market mechanics behind its meteoric rise from $30 per share to a...

Share
Mark as Played

On Today's episode, I give my two cents on a classic personal finance debate: Which should you prioritize for your limited savings? your retirement, your your kid's college education? This is a question that is easier solved than most others in the personal finance relm, but there is an extra force of guilt here that can influence you to make the wrong choice...

Have ideas for a future episode? Send in an email or tweet &...

Share
Mark as Played
January 19, 2021 9 min

Today, I talk about the top two most talked about debt pay down strategies: The Debt Snowball, and The Debt Avalanche. I talk about how each one works, in what situations would one or the other be better for you, and my recommendations for someone using either of these methods!

 

If you are on twitter, be sure to check out Jason from @FinanceHippy

Have ideas for a future episode? Send in an email or tweet @MainStMoney t...

Share
Mark as Played
January 12, 2021 21 min

Today I go over the two ways that you make money from a stock, capital gains and dividends. The origin of this episode is a disagreement on whether or not you can have a reliable income stream from either of these two. If you are on twitter, be sure to check out Jason from @FinanceHippy

Have ideas for a future episode? Send in an email or tweet @MainStMoney to have your idea as a future show! Be sure to check out the You...

Share
Mark as Played
January 5, 2021 9 min

Today I try something a little different. I am trying a new format in which I answer a common personal finance question. The topic here is the meaning behind "Cosigning" a loan. What does that mean to you and should you do it?

Have ideas for a future episode? Send in an email or tweet @MainStMoney to have your idea as a future show! Be sure to check out the YouTube channel for new demonstrations!

My Usual Links:

Sh...

Share
Mark as Played
December 29, 2020 35 min

Jim Miller joins me on the show today to talk about budgeting. A few weeks back, we spoke with Jared from JRod Money about the proper mindset to have while budgeting. This week, Jim is going to take us through several topics in his recent book "Budgeting Doesn't Have to Suck" and cover some practical tips to help with the ins and outs of putting our budget into practice.

Have ideas for a future episode? Send in an em...

Share
Mark as Played

Today I talk to John Stoj about the Agency Theory. Agency Theory is the thought that there are issues that arise between people and their agents that work on their behalf. This principle has wide uses, but today we are going to focus on the risks that investors take on by taking on a financial advisor. We talk about different pricing models that advisors use, some wordplay that is used to make you feel safe with them, as well as so...

Share
Mark as Played
Jonathan Krueger joins the show today to talk about the process of selling your business. Whether you are selling because you want to retire, move onto other business ventures, or for literally anything else; knowing what to think about (and who to talk to) is a very important piece of planning for your business. Jonathan is the CEO of LionsGate Advisors in St. Louis, MO, and is a Certified Exit Planning Advisor (CEPA). Johnathan t...
Share
Mark as Played
Today I give my thoughts on a new book. The book is called Napkin Finance by Tina Hay. A great book with plenty of illustrations to help visual learners learn new finance topics. Have ideas for a future episode? Send in an email or tweet @MainStMoney to have your idea as a future show! Be sure to check out the YouTube channel for new demonstrations! Link to the book (Not an affiliate link) https://napkinfinance.com/ My U...
Share
Mark as Played
Jared from Jrod Money joins me on the show today to talk about the proper way you should be thinking about your budget as well as a few ways to make budgeting easier. It is very hard to stick with a budget if you have the wrong mindset, and we aim to help you get your budgeting into a lifelong habit. Have ideas for a future episode? Send in an email or tweet @MainStMoney to have your idea as a future show! Be sure to check out...
Share
Mark as Played
Today I talk to Lane Kawaoka, who is a big time real estate investor with over 3,000 rental units across the United States. Lane shares his philosophies about retirement investing, investing in real estate assets, why he does not contribute to any tax advantaged accounts, and how to get started in real estate. Have ideas for a future episode? Send in an email or tweet @MainStMoney to have your idea as a future show! Be sure to...
Share
Mark as Played
Today I bring you an interview with none other than The Millennial Money Woman. Fiona is a professional in the personal finance field who also blogs and writes articles on her website The Millennial Money Woman. I speak with her and we have an excellent conversation about the state of financial education, what Dollar Cost Averaging (DCA) is, and about the basic steps required for you to be able to retire early. Have ideas for a f...
Share
Mark as Played
Today I speak with Harry N. Stout about life insurance! Harry retired from several decades of working in and leading some of America's largest names in insurance. He recently published his latest book called "Today's Life Insurance - A Protection Tool for Your Future", and is here today to give us a very broad introduction into what you need to consider when it comes to life insurance. We talk about what life insura...
Share
Mark as Played
This week, I talk to Andrew and Emily from the 1,000 Days to FI Podcast! Andrew is currently on active duty in the US military and Emily is a veteran of the US armed forces. They join me on the show to talk about their journey of building passive income while being commissioned in the armed forces. We then go on and answer audience submitted questions on military benefits! Have ideas for a future episode? Send in an email or tweet...
Share
Mark as Played
This week I sit down with Lindsey Johnson, who is the president of the US Mortgage Insurers USMI. We spend some time and do a deep dive on mortgage insurance for residential mortgages. Why would you need Mortgage insurance? Do you need a 20% down payment to buy a home? What are the differences between private and government mortgage insurance? What does it mean to be "Home Ready"? All of these questions and more are answere...
Share
Mark as Played
This week, I talk to Tracey Bissett, a CFA charter-holder, a college professor, and the founder of Bissett Financial Fitness, Inc. Much like me, Tracey believes in teaching the fundamentals of money management. To do this, she started her own business to coach entrepreneurs and hosts the Young Money podcast where she talks about business and money. As a business owner herself, Tracey is a wonderful person to speak with on the topic...
Share
Mark as Played
This week, we talk to Sarah Holden PhD about retirement accounts and saving during stressful times. Dr. Holden is an economist and Senior Researcher for the Investment Company Institute (ICI). The ICI strives to promote public understanding of mutual funds and other investment companies, and regularly publishes studies on the behavior of retirement and mutual fund investors. Sarah brings us valuable insight into the behavior of inv...
Share
Mark as Played

Chat About Main St. Finance

Advertise With Us

Popular Podcasts

Black History Month Podcasts
Black History Month Podcasts
We honor Black History Month by highlighting shows that explore icons, change-makers, the history of civil rights, and overall Black voices. Enjoy a moving and inspirational group of podcasts that will expand your knowledge of Black History.
The Daily
The Daily
This is what the news should sound like. The biggest stories of our time, told by the best journalists in the world. Hosted by Michael Barbaro. Twenty minutes a day, five days a week, ready by 6 a.m.
Crime Junkie
Crime Junkie
If you can never get enough true crime...

For You

    Music, radio and podcasts, all free. Listen online or download the iHeartRadio App.

    Connect

    © 2021 iHeartMedia, Inc.