Money Peach

Money Peach

The Money Peach Podcast is a weekly show hosted by Chris Peach, the founder of the award-winning blog and personal finance website - Money Peach. What you can expect from this show: Chris Peach is an advocate for everyday people who want to know how to manage the everyday money. He believes the financial world is broken and it’s meant to be confusing - the less you know the more they (the financial world) makes. How it all started: Chris Peach was once struggling financially himself. In 2011 he was living paycheck to paycheck, facing $52,000 in consumer debt, and didn’t have a clue of what to do next. After learning the right way to manage the money and creating a plan, Chris paid of all of his debt and has never looked back. He's been showing people how to do the same ever since. Every Friday, Chris brings someone on the show to talk about money. From budgeting, to saving, to making more, and even some incredible stories to motivate your form real-life, everyday people who are winning with money. This is the show for the everyday, hard-working, people who want someone to show them what to do and how to do it...and in terms we can all understand! Welcome to the Money Peach Podcast!

Episodes

October 8, 2021 26 mins

What is a Health Savings Account (HSA) and is it a good money move for you?

With open enrollment right around the corner, I am going to break down everything Health Savings Account today. Here's what you will hear on the show today:

  • How does an Health Savings Account Work?
  • Who is eligible and who is not?
  • How much can I contribute to an HSA?
  • What are the tax benefits?
  • Employed versus Self-Employed?
  • Best places to open HSA?
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Do you have IRS problems or maybe worried that your tax situation may not be as good as you thought?

Or, are you a victim of identity theft and the IRS is telling you owe money you really don't owe?

First off — you're not alone. Whether you owe the IRS or you are trying to prove you don't owe the IRS, what are your options?

What can you do right now?

What should you be doing right now?

And what are your rights when it comes to mana...

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When it comes time to drive off a new car, you have three basic options:

  1. You can pay cash
  2. You can get an auto loan 
  3. You can drive off with a lease

But with the average price of a new car at almost $41,000, most drivers today are driving off the lot with either an auto loan or a lease.


❓ But which is better - an car lease or an auto loan?

What are the costs that go with each?

And how do you know if you're making the best...

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On the show today I am breaking down the Cash-Out Refinance strategy.

Many people are noticing a high uptick in the value of their homes, and with this uptick in value comes an increase in home equity.

So what can you do with the equity in your home, how does it work, and what are the risks?

In this episode I am going to break down:

  • How to calculate your home's equity
  • How much of the equity you can actually tap into
  • The proces...
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On the show today is America's #1 Money Mentor, Chris Naugle.

I'll be honest — I brought Chris to have a conversation on a topic we don't agree on...infinite banking.

If you haven't heard of infinite banking before, you're perfectly normal. It's not a very popular term in the financial world and most financial gurus like Dave Ramsey and Suze Orman are completely against it.

But, what I've learned over the years in this world of per...

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There are so many strategies to building wealth and we try to explore all of them on this show.

Today I am interviewing an expert in multifamily real estate investing - Gino Barbaro.

Gino, and his partner Jake, are both experts in multifamily real estate investing and have achieved.

They are NOT from the financial world...meaning they didn't get a PhD in finance and then build their wealth. Nope, Gino was a pizza restaurant owner a...

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Have you ever tried using cash envelopes but realized it wasn't a lot of fun?

 

You know...carrying around envelopes full of cash at the grocery store or pulling out that sexy envelope container at dinner with friends?

 

Well, what if there was a ...

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On the show today, I am going to explain what a brokerage account is and how to open one.

There are three different ways to start investing in the stock market:

  1. Through a Financial Planner or Financial Advisor
  2. A Self-Directed Brokerage Account
  3. A Robo-Advisor

Since it's pretty self-explanatory on how to get set up with a financial advisor, the purpose of this episode is to show you how to open up a self-directed brokerage...

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Did you know you can generate passive income and/or diversify your retirement portfolio through Hard Money Lending?

A hard money loan is an interest-only short-term loan primarily used in real estate with the loan being secured by property. 
 
In a nutshell, you b...
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On the show today, I am going to break down 5 different mortgage loans you should know about:

  1. Conventional Loan
  2. Jumbo Loan
  3. FHA Loan
  4. VA Loan
  5. USDA Loan

By the end of the show, you will have an understanding for each of these different mortgages work and which one is best for you.

Enjoy the show!

Mentioned in this episode

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Diania Merriam is on the show today to share her story of reaching financial independence in her 30s.

After living in New York City in her 20s and racking up $30k in debt, Diania decided enough was enough and it was time to change her mindset about money.

What would it be like to reach financial independence? 

After making the choice to turn away from her old financial habits, Diania shares how she reached financial independence in...

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A home equity line of credit, or a HELOC, is a revolving line of credit that is guaranteed by the equity in your home. The line of credit is actually a second mortgage on your home giving you access to a revolving credit line you can borrow from as needed.

Very similar to a credit card, a HELOC offers a line of credit at a much lower interest rate because your h...

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The 50/30/20 Budget may be the easiest budget you will find. It's simple, straight-forward and it only takes a few minutes to set up.

If you are someone who is overwhelmed with the idea of creating a budget or you just don't like all the math involved with a monthly budget, the the 50/30/20 Budget is for you.

Mentioned in this episode

👉 Your Free Budget Download

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What is the absolute most important piece of everyone's financial plan?
 
In today's show I am going break something EVERYONE must have in place, why it's so important and I'll even be giving you a sweet BONUS at the end of the show that you will NOT want to miss....
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Should I buy a new car or not? Well, I'll be completely honest with you - I LOVE the look of new cars BUT I haven't owned a new car in 15 years.
 
Why? Well, I'm going to break down the new car purchase so you understand ALL that goes with it and I'm also going to show you a little trick so you NEVER have to take out a car payment again!
 
<...

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On the show today I am answering the question: How do I possibly save money when I'm living paycheck to paycheck, I have debt, and no matter how hard I try...I just can't save any freaking money!? I definitely have a thing or two to say about it AND at the end of the episode you will have plan a free tool to help you create your own solution to what seems to be a never-ending pro...

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Do you have a small business, large business, or side hustle and you're just looking for a simple way to manage the finances in your biz without being completely overwhelmed and over it?
 
I get it - A few years ago I was feeling the same way until I stumbled acro...
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On the show today we are going to go over creating your own investment strategy based on a few key principles.
 
I am also going share with you my own investment strategy, my own journey of both ups and downs with investing, and something I have been doing lately that will blow your mind (well it's blowing my mind).
 
And lastly, make s...

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After a record year in the stock market in 2020, are you finally ready to invest into the market but don't know what retirement accounts are best for you?

Hey friends, here's what you're going to get from the show today!

 
We are going to a brief recap of two retirement accounts we mentioned last week: the Traditional IRA and the ROTH IRA.
 
Then we are going to dive into two other retirement a...
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Are you looking to start off 2021 investing but don't know where to get started?
 
On today's show I am going to show you how to get started investing whether you're a seasoned investor or you're just starting out.
 
Also, I am going to go full transparency with you and share with you some of my latest stocks I have purchased over the p...

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