Be Wealthy & Smart

Latest Episodes:

Why Spending Investment Principal is a Huge Mistake Nov 02, 2018

Show notes

Learn why spending principal can be a huge mistake for wealth building.

A nestegg of $40,000 invested at 10% for 35 years, would grow to $1,124,097...or you can have a new kitchen. Which would you rather have?

Saving a nestegg is Step 2 of the Six Steps to Wealth. Keep the investing momentum going and keep your investment funds separate from your spending.

Congratulations and thank you - we crossed 107,000 downloads last month, the first time we have exceeded 100,000 in one month.

We are rapidly approaching 2 million all-time downloads. Thank you! You are the BEST audience!

Wealth requires knowledge + action.

Get my book, "You're Already a Wealth Heiress, Now Think and Act Like One: 6 Practical Steps to Make It a Reality Now!"

Available on Amazon: http://amzn.to/2Hy9qk4

International buyers (if you live outside of the US) can now get my book at http://amazon.co.uk

Join me on Instagram at http://Instagram.com/lindapjones

The full library of my podcasts from he beginning are available at https://www.lindapjones.com/podcasts/

Please subscribe, rate and review the show. I really appreciate it!

Today's sponsor is Audible - Get your first audiobook for FREE today, here: https://www.audible.com/lp/freetrial?source_code=PDTGBPD060314004R

What Does High Consumer Confidence Mean? Oct 31, 2018

Show notes

Learn what consumer confidence reports mean, how they are calculated, and what it might portend for the economy in 2019.

The first article is here: https://www.journal-news.com/news/consumer-confidence-hits-year-high-just-time-for-holiday-shopping/AWGGaH4Pd8iZE5hvQo4huK/

The second article is here: https://data.oecd.org/leadind/consumer-confidence-index-cci.htm

The third article is here: https://247wallst.com/economy/2018/10/30/consumer-confidence-roars-to-18-year-high-ahead-of-holidays/amp/

Wealth requires knowledge + action.

Get my book, "You're Already a Wealth Heiress, Now Think and Act Like One: 6 Practical Steps to Make It a Reality Now!"

Available on Amazon: http://amzn.to/2Hy9qk4

International buyers (if you live outside of the US) can now get my book at http://amazon.co.uk

Join me on Instagram at http://Instagram.com/lindapjones

The full library of my podcasts from he beginning are available at https://www.lindapjones.com/podcasts/

Please subscribe, rate and review the show. I really appreciate it!

Today's sponsor is Audible - Get your first audiobook for FREE today, here: https://www.audible.com/lp/freetrial?source_code=PDTGBPD060314004R

Over 150,000 titles to choose from for your iPhone, Android, Kindle or mp3 player. This is the way I "read" more books and stay ahead of the curve.

What Caused the Stock Market Volatility in October 2018? Oct 29, 2018

Show notes

Learn why the stock market has been extra volatile and what the outlook is going forward.

Our sponsor today is LinkedIn. To redeem a free $100 ad credit, go to https://linkedin.com/WEALTHY. That's LinkedIn.com/WEALTHY. Terms and conditions apply.

There are many reasons experts think the stock market has been volatile, but there is one in particular that I attribute it to.

We will look at the indicators and see what happens next.

Is the worst behind us?

The article is here: https://www.marketwatch.com/story/why-the-dow-tumbled-600-points-and-the-nasdaq-fell-into-correction-territory-for-the-first-time-in-2-years-2018-10-24

Wealth requires knowledge + action.

Get my book, "You're Already a Wealth Heiress, Now Think and Act Like One: 6 Practical Steps to Make It a Reality Now!"

Available on Amazon: http://amzn.to/2Hy9qk4

International buyers (if you live outside of the US) can now get my book at http://amazon.co.uk

Join me on Instagram at http://Instagram.com/lindapjones

The full library of my podcasts from he beginning are available at https://www.lindapjones.com/podcasts/

Please subscribe, rate and review the show. I really appreciate it!

Why I Disagree With Mark Cuban About What to Do With Your Lottery Winnings Oct 26, 2018

Show notes

475: Learn why Mark Cuban's advice to put all of your winnings in the bank is the wrong move and what you should do.

This is Part 3 of my Lottery series of podcasts.

Part 2 received HUGE downloads, so thank you!

The article is here: https://www.cnbc.com/2018/10/24/mark-cuban-to-lottery-winners-dont-invest-the-money.html?recirc=taboolainternal

I disagree with putting it all in the bank, because FDIC coverage is limited to $250,000 per bank, per depositor.

The bank does not always have a broad selection of investment options.

There's so much that doesn't make sense in this article, I suggest you listen to it to hear all of my concerns!

If you want to know what I think you should do with a large amount of sudden wealth, go to podcast #429, "7 Ways to Maintain Your Sudden Wealth" and #75, an earlier podcast I did about sudden wealth. You'll have to go to my website for #75, at http://lindapjones.com.

Wealth requires knowledge + action.

Get my book, "You're Already a Wealth Heiress, Now Think and Act Like One: 6 Practical Steps to Make It a Reality Now!"

Available at Amazon: http://amzn.to/2Hy9qk4

International buyers can now get my book at http://amazon.co.uk

Join me on Instagram at http://Instagram.com/lindapjones

All podcasts are available at http://lindapjones.com/podcasts

Please subscribe, rate and review the show.

Today's sponsor is Audible - Get your first audiobook for FREE today, here: https://www.audible.com/lp/freetrial?source_code=PDTGBPD060314004R

Over 150,000 titles to choose from for your iPhone, Android, Kindle or mp3 player. This is the way I "read" more books and stay ahead of the curve.

Why the $1.5 Billion Lottery Jackpot Isn't As Big As You Think It Is Oct 24, 2018

Show notes

Learn how much you really net after taxes, why the lottery is overrated, and how you can create your own abundance and prosperity.

There was one lucky winner of the $1.5 billion lottery jackpot. How much will the check really be for, after state and federal taxes?

This is part 2 of my lottery podcasts. If you haven't listened to podcast #473, I suggest you listen to it too.

The article is here: https://www.cnbc.com/2018/10/24/biggest-us-mega-millions-and-powerball-lottery-prizes-ever.html

Why do most lottery winners go broke within 5 years?

Are huge mansions and diamonds the size of ice cubes going to make you happy or happier?

How can you use the lottery jackpot to inspire your own personal wealth plan to financial freedom?

Wealth requires knowledge + action.

Get my book, "You're Already a Wealth Heiress, Now Think and Act Like One: 6 Practical Steps to Make It a Reality Now!"

Available at Amazon: http://amzn.to/2Hy9qk4

Join me on Instagram at http://Instagram.com/lindapjones

All podcasts are available at http://lindapjones.com/podcasts

Please subscribe, rate and review the show.

Today's sponsor is Audible - Get your first audiobook for FREE today, here: https://www.audible.com/lp/freetrial?source_code=PDTGBPD060314004R

Over 150,000 titles to choose from for your iPhone, Android, Kindle or mp3 player. This is the way I "read" more books and stay ahead of the curve.

Why You Don't Have to Win a $1.6 Billion Lottery Jackpot to Be Rich & Happy Oct 22, 2018

Show notes

Learn why winning the lottery jackpot isn't necessary for you to have financial freedom or be happy.

There is a happiness satiation point, usually around a $105,000 annual income, according to research (see podcast #414).

More money doesn't make you happier, but spending does give you a temporary high. The endorphins only last a few days, requiring you to continue spending to keep the endorphins flowing.

This can end badly and has for many lottery winners.

Instead, take control of your wealth building and follow the 6 Steps to Wealth, especially saving a nestegg, investing in a money engine and compounding at a high rate.

I give an example from the Wealth Heiress book of 2 people earning the same amount of money, but because they make different choices, one ends up broke, the other, a millionaire.

This could be my edgiest podcast yet! Don't miss it!

Wealth requires knowledge + action.

Get my book, "You're Already a Wealth Heiress, Now Think and Act Like One: 6 Practical Steps to Make It a Reality Now!"

Available at Amazon: http://amzn.to/2Hy9qk4

Join me on Instagram at http://Instagram.com/lindapjones

All podcasts are available at http://lindapjones.com/podcasts

Please subscribe, rate and review the show.

Today's sponsor is Audible - Get your first audiobook for FREE today, here: https://www.audible.com/lp/freetrial?source_code=PDTGBPD060314004R

Over 150,000 titles to choose from for your iPhone, Android, Kindle or mp3 player. This is the way I "read" more books and stay ahead of the curve.

Why You Should Hold During Stock Market Meltdowns Oct 19, 2018

Show notes

Learn why selling can be a huge mistake, how a few days can make a huge difference and how to reduce risk.

The link to my Forbes.com article is here: https://www.forbes.com/sites/nextavenue/2018/10/16/what-to-do-after-a-stock-market-crash/#59fc579f77df

Wealth requires knowledge + action.

Get my book, "You're Already a Wealth Heiress, Now Think and Act Like One: 6 Practical Steps to Make It a Reality Now!"

Available at Amazon: http://amzn.to/2Hy9qk4

Join me on Instagram at http://Instagram.com/lindapjones

All podcasts are available at http://lindapjones.com/podcasts

Please subscribe, rate and review the show.

Today's sponsor is Audible - Get your first audiobook for FREE today, here: https://www.audible.com/lp/freetrial?source_code=PDTGBPD060314004R

Over 150,000 titles to choose from for your iPhone, Android, Kindle or mp3 player. This is the way I "read" more books and stay ahead of the curve.

How to Be Savvy With Debt Oct 17, 2018

Show notes

Learn how other people's money (OPM) and the smart use of debt can build your wealth.

Not all debt is inherently bad!

Why is mortgage debt triggering people?

Mortgage rates are only 5% for 30 years and are partially tax-deductible.

Credit cards with high interest rates are the real culprit!

Don't use debt for depreciating assets.

Mortgages can be great forced savings plans because the debt will become equity.

In this podcast I help you think through why you may want to set up a retirement plan before paying off your mortgage.

Wealth requires knowledge + action.

Get my book, "You're Already a Wealth Heiress, Now Think and Act Like One: 6 Practical Steps to Make It a Reality Now!"

Available at Amazon: http://amzn.to/2Hy9qk4

Join me on Instagram at http://Instagram.com/lindapjones

All podcasts are available at http://lindapjones.com/podcasts

Please subscribe, rate and review the show.

Today's sponsor is Audible - Get your first audiobook for FREE today, here: https://www.audible.com/lp/freetrial?source_code=PDTGBPD060314004R

Over 150,000 titles to choose from for your iPhone, Android, Kindle or mp3 player. This is the way I "read" more books and stay ahead of the curve.

Preparing for the Next Stock Market Crisis Oct 15, 2018

Show notes

Learn how bubbles and cycles were discovered and how to use them to become a better investor.

A photo of the graph is on my website at http://lindapjones.com/podcasts, episode #470.

Wealth requires knowledge + action.

Get my book, "You're Already a Wealth Heiress, Now Think and Act Like One: 6 Practical Steps to Make It a Reality Now!"

Available at Amazon: http://amzn.to/2Hy9qk4

Join me on Instagram at http://Instagram.com/lindapjones

All podcasts are available at http://lindapjones.com/podcasts

Please subscribe, rate and review the show.

Today's sponsor is Audible - Get your first audiobook for FREE today, here: https://www.audible.com/lp/freetrial?source_code=PDTGBPD060314004R

Over 150,000 titles to choose from for your iPhone, Android, Kindle or mp3 player. This is the way I "read" more books and stay ahead of the curve.

ENCORE: Why Saving Money Can Make You Rich Oct 12, 2018

Show notes

Learn why saving money is so important to wealth building.

Wealth requires knowledge + action.

Get my book, "You're Already a Wealth Heiress, Now Think and Act Like One: 6 Practical Steps to Make It a Reality Now!"

Available at Amazon: http://amzn.to/2Hy9qk4

Join me on Instagram at http://Instagram.com/lindapjones

All podcasts are available at http://lindapjones.com/podcasts

Please subscribe, rate and review the show.

Today's sponsor is Audible - Get your first audiobook for FREE today. Over 150,000 titles to choose from for your iPhone, Android, Kindle or mp3 player. This is the way I "read" more books and stay ahead of the curve.

Visit Audible and get your first audiobook free at http://www.audibletrial.com/BeWealthyandSmart

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