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    Business

    The Personal Finance Podcast

    Andrew Giancola from Master Money reveals all of his personal finance, money, investing, business strategies, income sources, stock, and real estate investing tips so that you can build more wealth than you ever thought possible. Discover how to increase your income at your job and create multiple passive income streams that work for you, so you have the time and freedom to do what you love. Whether that’s travel, or having freedom from your day job. Since 2013, Andrew has been sharing the wins and losses of his personal finance journey. You will learn how to invest to create wealth in stocks, index funds, real estate, building businesses, and side-hustles. You will learn how to save more money, get a raise, set up simple budgets, build habits, personal growth, and money hacks that will take you to the next level with your finances. Take control of your money so you can live a stress-free, rich life. Anyone can be wealthy, Andrew will show you how. Hit subscribe and get ready to change your life.

    Advertise

    Copyright: © 2022 The Personal Finance Podcast

    • Apple Podcasts
    • Google Play
    • Spotify

    Latest Episodes:
    Should You Stop Using a Roth 401(k) After a Certain Income? (Money Q&A) Sep 08, 2025
    Show notes

    In this episode of The Personal Finance Podcast, Andrew answers eight questions on tax strategies and retirement planning, covering when investment moves trigger taxes (depends on account type), tax loss harvesting for high earners, why the 75-80% retirement income rule uses pre-tax numbers but you should plan more conservatively, strategic Roth 401k timing in lower tax brackets, a TransUnion data breach affecting 4.4 million Americans, income thresholds where traditional 401ks beat Roth options (24-30% marginal rates), saving for kids' expenses using the five-year investment rule, emergency fund storage as rates drop, and comprehensive pension planning beyond just relying on guaranteed payments.


    Today we are going to answer these questions:

    1. Do you get taxed when moving money from one investment to another inside the same account?
    2. How does tax-loss harvesting work?
    3. Most retirement rules I’ve seen state that you want 75 to 80% of your pre-retirement income. Is that before or after taxes?
    4. Should you max out a Roth 401(k) in the first quarter of the year because of the lower marginal tax rate?
    5. At what annual income should someone avoid a Roth 401(k) and do traditional for tax purposes?
    6. Putting money away for kids’ wedding, cars, etc.—for when they get older. HYSA or brokerage?
    7. What are the best high-yield ways to store an emergency fund?
    8. How to plan for retirement with a pension?

    How Andrew Can Help You:

    • Listen to The Business Show here.
    • Don't let another year pass by without making significant strides toward your dreams. "Master Your Money Goals" is your pathway to a future where your aspirations are not just wishes but realities. Enroll now and make this year count!
    • Join The Master Money Newsletter where you will become smarter with your money in 5 minutes or less per week Here!
    • Learn to invest by joining Index Fund Pro! This is Andrew’s course teaching you how to invest!
    • Watch The Master Money Youtube Channel! ,
    • Ask Andrew a question on Instagram or TikTok
    • Learn how to get out of Debt by joining our Free Course
    • Leave Feedback or Episode Requests here.
    • Car buying Calculator here


    Thanks to Our Amazing Sponsors for supporting The Personal Finance Podcast

    • Shopify: Shopify makes it so easy to sell. Sign up for a one-dollar-per-month trial period at shopify.com/pfp
    • Thanks to Policy Genius for Sponsoring the show! Go to policygenius.com to get your free life insurance quote.
    • Indeed: Start hiring NOW with a SEVENTY-FIVE DOLLAR SPONSORED JOB CREDIT to upgrade your job post at Indeed.com/personalfinance
    • Go to https://joindeleteme.com/PFP20/ for 20% off!
    • Shop outdoor furniture, grills, lawn games, and WAY more for WAY less. Head to wayfair.com
    • Get 50% Off Monarch Money, the all-in-one financial tool at www.monarchmoney.com/PFP
    • Chime: Start your credit journey with Chime. Sign-up takes only two minutes and doesn’t affect your credit score. Get started at chime.com/
    • Acorns: Start investing automatically with Acorns and get a $5 bonus at Acorns.com/PFP
    • Go to https://joindeleteme.com/PFP20/ and Use Promo Code PFP for 20% off!

    Links Mentioned in This Episode:

     tax loss harvesting,


    Connect With Andrew on Social Media:

    • Instagram
    • TikTok
    • Twitter
    • Master Money Website
    • Master Money Youtube Channel

    Free Guides:

    • The Stairway to Wealth: The Order of Operations for your Money
    • How to Negotiate Your Salary
    • The 75 Day Money Challenge
    • Get out Of Debt Fast
    • Take the Money Personality Quiz

    Learn more about your ad choices. Visit megaphone.fm/adchoices


    Money Expert: Why You Should Give Before You’re Rich (With Derrick Kinney) Sep 03, 2025
    Show notes

    In today's episode of The Personal Finance Podcast, we will talk to Derrick Kinney about Money Expert Why You Should Give Before You’re Rich . He reveals why starting with generosity unlocks exponential wealth growth, sharing how a burned-out manufacturing owner increased sales 20% in three months by connecting his business to funding an overseas schoolhouse. Kenny breaks down his "Good Money Framework" that flips traditional financial advice by using purpose as motivation, explains why Harvard research shows spending even $5 on others creates measurable brain satisfaction that spending on yourself can't match, and provides his 30-minute daily income strategy that helped clients earn $25,000+ raises by focusing on company value creation rather than begging for standard cost-of-living increases. Plus, Kinney introduces his Simple Teen Success program addressing the communication crisis where 80% of teens avoid talking to adults, sharing proven scripts for engaging adults at Target encounters and sporting events that unlock scholarships, internships, and opportunities most teens never access.



    How Andrew Can Help You:

    • Listen to The Business Show here.
    • Don't let another year pass by without making significant strides toward your dreams. "Master Your Money Goals" is your pathway to a future where your aspirations are not just wishes but realities. Enroll now and make this year count!
    • Join The Master Money Newsletter where you will become smarter with your money in 5 minutes or less per week Here!
    • Learn to invest by joining Index Fund Pro! This is Andrew’s course teaching you how to invest!
    • Watch The Master Money Youtube Channel! ,
    • Ask Andrew a question on Instagram or TikTok
    • Learn how to get out of Debt by joining our Free Course

    Leave Feedback or Episode Requests here.

    Car buying Calculator here


    Thanks to Our Amazing Sponsors for supporting The Personal Finance Podcast

    • Shopify: Shopify makes it so easy to sell. Sign up for a one-dollar-per-month trial period at shopify.com/pfp
    • Thanks to Policy Genius for Sponsoring the show! Go to policygenius.com to get your free life insurance quote.
    • Indeed: Start hiring NOW with a SEVENTY-FIVE DOLLAR SPONSORED JOB CREDIT to upgrade your job post at Indeed.com/personalfinance
    • Go to https://joindeleteme.com/PFP20/ for 20% off!
    • Shop outdoor furniture, grills, lawn games, and WAY more for WAY less. Head to wayfair.com
    • Get 50% Off Monarch Money, the all-in-one financial tool at www.monarchmoney.com/PFP
    • Chime: Start your credit journey with Chime. Sign-up takes only two minutes and doesn’t affect your credit score. Get started at chime.com/
    • Acorns: Start investing automatically with Acorns and get a $5 bonus at Acorns.com/PFP
    • Go to https://joindeleteme.com/PFP20/ and Use Promo Code PFP for 20% off!

    Connect with Derrick Kinney:

    • Simple Teem Success Website
    • Success For Advisors Website
    • Derrick Kinney Website
    • Linkedin
    • Facebook
    • Instagram


    Connect With Andrew on Social Media:

    • Instagram
    • TikTok
    • Twitter
    • Master Money Website
    • Master Money Youtube Channel


    Free Guides:

    • The Stairway to Wealth: The Order of Operations for your Money
    • How to Negotiate Your Salary
    • The 75 Day Money Challenge
    • Get out Of Debt Fast
    • Take the Money Personality Quiz

    Learn more about your ad choices. Visit megaphone.fm/adchoices


    The Wealth Flywheel: How to Systematically Grow Your Income (Fast!) Sep 01, 2025
    Show notes

    In this episode of The Personal Finance Podcast, we break down the Wealth Flywheel system—a framework for building assets that generate exponential momentum through cashflow reinvestment, covering how real estate rentals, subscription businesses, and dividend stocks create self-sustaining wealth machines that start slow but eventually replace your active income. We explore 15+ different flywheel types from single-family rentals to franchise ownership, walk through the 5 phases every flywheel goes through from ignition to freedom, and provide the exact 8-step blueprint to calculate your financial independence number, automate your wealth gap, and stack multiple flywheels until they generate enough passive income to achieve financial independence.


    Get The Wealth Flywheel Guide Here


    Watch this episode on Youtube


    How Andrew Can Help You:

    • Listen to The Business Show here.
    • Don't let another year pass by without making significant strides toward your dreams. "Master Your Money Goals" is your pathway to a future where your aspirations are not just wishes but realities. Enroll now and make this year count!
    • Join The Master Money Newsletter where you will become smarter with your money in 5 minutes or less per week Here!
    • Learn to invest by joining Index Fund Pro! This is Andrew’s course teaching you how to invest!
    • Watch The Master Money Youtube Channel! ,
    • Ask Andrew a question on Instagram or TikTok
    • Learn how to get out of Debt by joining our Free Course
    • Leave Feedback or Episode Requests here.
    • Car buying Calculator here


    Thanks to Our Amazing Sponsors for supporting The Personal Finance Podcast

    • Shopify: Shopify makes it so easy to sell. Sign up for a one-dollar-per-month trial period at shopify.com/pfp
    • Thanks to Policy Genius for Sponsoring the show! Go to policygenius.com to get your free life insurance quote.
    • Indeed: Start hiring NOW with a SEVENTY-FIVE DOLLAR SPONSORED JOB CREDIT to upgrade your job post at Indeed.com/personalfinance
    • Go to https://joindeleteme.com/PFP20/ for 20% off!
    • Shop outdoor furniture, grills, lawn games, and WAY more for WAY less. Head to wayfair.com
    • Get 50% Off Monarch Money, the all-in-one financial tool at www.monarchmoney.com/PFP
    • Chime: Start your credit journey with Chime. Sign-up takes only two minutes and doesn’t affect your credit score. Get started at chime.com/
    • Acorns: Start investing automatically with Acorns and get a $5 bonus at Acorns.com/PFP
    • Go to https://joindeleteme.com/PFP20/ and Use Promo Code PFP for 20% off!

    Links Mentioned in This Episode:

    • Your First Million Is The Hardest (Here is How to Do it!)
    • How to Buy Then Build a Business with Walker Deibel
    • How to Invest More Outside of Retirement Accounts, 529 Strategies, & Dividend Growth - Money Q&A


    Connect With Andrew on Social Media:

    • Instagram
    • TikTok
    • Twitter
    • Master Money Website
    • Master Money Youtube Channel


    Free Guides:

    • The Stairway to Wealth: The Order of Operations for your Money
    • How to Negotiate Your Salary
    • The 75 Day Money Challenge
    • Get out Of Debt Fast
    • Take the Money Personality Quiz

    Learn more about your ad choices. Visit megaphone.fm/adchoices


    This One Move Could Save You Thousands on an 11% Loan (Money Q&A) Aug 27, 2025
    Show notes

    In this episode of the Personal Finance Podcast, we are going to talk about  this one move could save you thousands on an 11% loan.


    Today we are going to answer these questions:

    • Question 1: Should I stop overpaying my 11% loan and invest the difference instead?
    • Question 2: How can I turn a $1,200/month truck stipend into a free vehicle every 3 years?
    • Question 3: Should college students invest in a Roth IRA or focus on paying for school?
    • Question 4: How do you rebuild your finances at 38 with 5 kids and $60K income?
    • Question 5: Can I avoid the pro-rata rule when converting non-deductible IRA funds to a Roth?


    How Andrew Can Help You:

    • Listen to The Business Show here.
    • Don't let another year pass by without making significant strides toward your dreams. "Master Your Money Goals" is your pathway to a future where your aspirations are not just wishes but realities. Enroll now and make this year count!
    • Join The Master Money Newsletter where you will become smarter with your money in 5 minutes or less per week Here!
    • Learn to invest by joining Index Fund Pro! This is Andrew’s course teaching you how to invest!
    • Watch The Master Money Youtube Channel! ,
    • Ask Andrew a question on Instagram or TikTok
    • Learn how to get out of Debt by joining our Free Course
    • Leave Feedback or Episode Requests here.
    • Car buying Calculator here


    Thanks to Our Amazing Sponsors for supporting The Personal Finance Podcast

    • Shopify: Shopify makes it so easy to sell. Sign up for a one-dollar-per-month trial period at shopify.com/pfp
    • Thanks to Policy Genius for Sponsoring the show! Go to policygenius.com to get your free life insurance quote.
    • Indeed: Start hiring NOW with a SEVENTY-FIVE DOLLAR SPONSORED JOB CREDIT to upgrade your job post at Indeed.com/personalfinance
    • Go to https://joindeleteme.com/PFP20/ for 20% off!
    • Shop outdoor furniture, grills, lawn games, and WAY more for WAY less. Head to wayfair.com
    • Get 50% Off Monarch Money, the all-in-one financial tool at www.monarchmoney.com/PFP
    • Chime: Start your credit journey with Chime. Sign-up takes only two minutes and doesn’t affect your credit score. Get started at chime.com/
    • Acorns: Start investing automatically with Acorns and get a $5 bonus at Acorns.com/PFP
    • Visit www.functionhealth.com/PERSONALFINANCE or use gift code PERSONALFINANCE100 at sign-up to own your health.
    • Delete Me: Use Promo Code PFP for 20% off!


    Connect With Andrew on Social Media:

    • Instagram
    • TikTok
    • Twitter
    • Master Money Website
    • Master Money Youtube Channel

    Free Guides:

    • The Stairway to Wealth: The Order of Operations for your Money
    • How to Negotiate Your Salary
    • The 75 Day Money Challenge
    • Get out Of Debt Fast
    • Take the Money Personality Quiz

    Learn more about your ad choices. Visit megaphone.fm/adchoices


    12 Reasons to Never Retire (Even When You Have Enough Money) Aug 25, 2025
    Show notes

    In this episode of The Personal Finance Podcast, we explore 12 data-backed reasons why working past traditional retirement age can boost your health, wealth, and happiness—from how postponing retirement preserves cognitive function and reduces mortality risk by 9-11%, to why social isolation from leaving work increases death risk by up to 77%, and how modern remote opportunities make it easier than ever to design lifestyle-friendly careers that keep you mentally sharp, socially connected, and financially secure well into your later years.


    Watch this episode on Youtube


    How Andrew Can Help You:

    • Listen to The Business Show here.
    • Don't let another year pass by without making significant strides toward your dreams. "Master Your Money Goals" is your pathway to a future where your aspirations are not just wishes but realities. Enroll now and make this year count!
    • Join The Master Money Newsletter where you will become smarter with your money in 5 minutes or less per week Here!
    • Learn to invest by joining Index Fund Pro! This is Andrew’s course teaching you how to invest!
    • Watch The Master Money Youtube Channel! ,
    • Ask Andrew a question on Instagram or TikTok
    • Learn how to get out of Debt by joining our Free Course
    • Leave Feedback or Episode Requests here.
    • Car buying Calculator here


    Thanks to Our Amazing Sponsors for supporting The Personal Finance Podcast

    • Shopify: Shopify makes it so easy to sell. Sign up for a one-dollar-per-month trial period at shopify.com/pfp
    • Thanks to Policy Genius for Sponsoring the show! Go to policygenius.com to get your free life insurance quote.
    • Indeed: Start hiring NOW with a SEVENTY-FIVE DOLLAR SPONSORED JOB CREDIT to upgrade your job post at Indeed.com/personalfinance
    • Go to https://joindeleteme.com/PFP20/ for 20% off!
    • Shop outdoor furniture, grills, lawn games, and WAY more for WAY less. Head to wayfair.com
    • Get 50% Off Monarch Money, the all-in-one financial tool at www.monarchmoney.com/PFP
    • Chime: Start your credit journey with Chime. Sign-up takes only two minutes and doesn’t affect your credit score. Get started at chime.com/
    • Acorns: Start investing automatically with Acorns and get a $5 bonus at Acorns.com/PFP
    • Visit www.functionhealth.com/PERSONALFINANCE or use gift code PERSONALFINANCE100 at sign-up to own your health.
    • Delete Me⁠: Use Promo Code PFP for 20% off!


    Connect With Andrew on Social Media:

    • Instagram
    • TikTok
    • Twitter
    • Master Money Website
    • Master Money Youtube Channel

    Free Guides:

    • The Stairway to Wealth: The Order of Operations for your Money
    • How to Negotiate Your Salary
    • The 75 Day Money Challenge
    • Get out Of Debt Fast
    • Take the Money Personality Quiz

    Learn more about your ad choices. Visit megaphone.fm/adchoices


    Student Loans Just Changed... Here’s How to Pay Them Off Faster (This Year!) Aug 20, 2025
    Show notes

    In this episode of The Personal Finance Podcast, we break down the massive student loan changes hitting in 2025—why SAVE, PAYE, IBR, and ICR plans are being eliminated for new borrowers starting July 2026, how interest resuming on SAVE loans means balances could grow again, and why wage garnishment restarts in August 2025. We provide a 12-step action plan to pay off loans faster, including the biweekly payment hack that saves $1,000+ in interest, scripts to negotiate lower rates, and how to get $5,250 per year in tax-free employer loan assistance before these changes make escape even harder.


    ⁠Get the Student Loans GUIDE Here!


    How Andrew Can Help You:

    Listen to The Business Show here.

    • Don't let another year pass by without making significant strides toward your dreams. "Master Your Money Goals" is your pathway to a future where your aspirations are not just wishes but realities. Enroll now and make this year count!
    • Join The Master Money Newsletter where you will become smarter with your money in 5 minutes or less per week Here!
    • Learn to invest by joining Index Fund Pro! This is Andrew’s course teaching you how to invest!
    • Watch The Master Money Youtube Channel! ,
    • Ask Andrew a question on Instagram or TikTok
    • Learn how to get out of Debt by joining our Free Course
    • Leave Feedback or Episode Requests here.
    • Car buying Calculator here


    Thanks to Our Amazing Sponsors for supporting The Personal Finance Podcast

    • Shopify: Shopify makes it so easy to sell. Sign up for a one-dollar-per-month trial period at shopify.com/pfp
    • Thanks to Policy Genius for Sponsoring the show! Go to policygenius.com to get your free life insurance quote.
    • Indeed: Start hiring NOW with a SEVENTY-FIVE DOLLAR SPONSORED JOB CREDIT to upgrade your job post at Indeed.com/personalfinance
    • Shop outdoor furniture, grills, lawn games, and WAY more for WAY less. Head to wayfair.com
    • Get 50% Off Monarch Money, the all-in-one financial tool at www.monarchmoney.com/PFP
    • Chime: Start your credit journey with Chime. Sign-up takes only two minutes and doesn’t affect your credit score. Get started at chime.com/
    • Acorns: Start investing automatically with Acorns and get a $5 bonus at Acorns.com/PFP
    • Visit www.functionhealth.com/PERSONALFINANCE or use gift code PERSONALFINANCE100 at sign-up to own your health.
    • ⁠Delete Me⁠⁠: Use Promo Code PFP for 20% off!


    Connect With Andrew on Social Media:

    • Instagram
    • TikTok
    • Twitter
    • Master Money Website
    • Master Money Youtube Channel


    Free Guides:

    • The Stairway to Wealth: The Order of Operations for your Money
    • How to Negotiate Your Salary
    • The 75 Day Money Challenge
    • Get out Of Debt Fast
    • Take the Money Personality Quiz

    Learn more about your ad choices. Visit megaphone.fm/adchoices


    How the Wealthy Use HELOCs to Build Wealth and Protect Their Cash (Should You Have One?) Aug 18, 2025
    Show notes

    In this episode of The Personal Finance Podcast, we break down everything you need to know about HELOCs (Home Equity Lines of Credit)—what they really are, how they differ from traditional mortgages, and why the popular "velocity banking" strategy to pay off your mortgage faster delivers minimal benefits with maximum complexity. We explore the math behind using a HELOC to chunk down mortgage payments versus simply making extra principal payments, revealing that the supposed benefits are often overstated and come with significant variable-rate risks that could jeopardize your home.


    Get the HELOC Ultimate GUIDE Here!


    Watch this episode on Youtube.


    How Andrew Can Help You:

    • Listen to The Business Show here.
    • Don't let another year pass by without making significant strides toward your dreams. "Master Your Money Goals" is your pathway to a future where your aspirations are not just wishes but realities. Enroll now and make this year count!
    • Join The Master Money Newsletter where you will become smarter with your money in 5 minutes or less per week Here!
    • Learn to invest by joining Index Fund Pro! This is Andrew’s course teaching you how to invest!
    • Watch The Master Money Youtube Channel! ,
    • Ask Andrew a question on Instagram or TikTok
    • Learn how to get out of Debt by joining our Free Course
    • Leave Feedback or Episode Requests here.
    • Car buying Calculator here
    • Visit www.functionhealth.com/PERSONALFINANCE or use gift code PERSONALFINANCE100 at sign-up to own your health.


    Thanks to Our Amazing Sponsors for supporting The Personal Finance Podcast

    • Shopify: Shopify makes it so easy to sell. Sign up for a one-dollar-per-month trial period at shopify.com/pfp
    • Thanks to Policy Genius for Sponsoring the show! Go to policygenius.com to get your free life insurance quote.
    • Indeed: Start hiring NOW with a SEVENTY-FIVE DOLLAR SPONSORED JOB CREDIT to upgrade your job post at Indeed.com/personalfinance
    • Go to https://joindeleteme.com/PFP20/ for 20% off!
    • Shop outdoor furniture, grills, lawn games, and WAY more for WAY less. Head to wayfair.com
    • Get 50% Off Monarch Money, the all-in-one financial tool at www.monarchmoney.com/PFP
    • Chime: Start your credit journey with Chime. Sign-up takes only two minutes and doesn’t affect your credit score. Get started at chime.com/


    Links Mentioned in This Episode:

    • 10 Home Renovations That Are Worth The MONEY! - Money Q&A


    Connect With Andrew on Social Media:

    • Instagram
    • TikTok
    • Twitter
    • Master Money Website
    • Master Money Youtube Channel


    Free Guides:

    • The Stairway to Wealth: The Order of Operations for your Money
    • How to Negotiate Your Salary
    • The 75 Day Money Challenge
    • Get out Of Debt Fast
    • Take the Money Personality Quiz

    Learn more about your ad choices. Visit megaphone.fm/adchoices


    How to Get Rich Buying Boring Businesses with Codie Sanchez (PFP Vault) Aug 13, 2025
    Show notes

    Today we talk to Codie Sanchez about buying boring businesses. Codie owns 26 businesses, is the founder of Contrarian Thinking, and has an incredible newsletter with over 110K Readers. We talk about:

    • Carwashes
    • Laundromats
    • Mailbox Money
    • Vending Machines
    • How to get financing for deals
    • How to manage multiple businesses
    • And so much more!


    How Andrew Can Help You:

    • Listen to The Business Show here.
    • Don't let another year pass by without making significant strides toward your dreams. "Master Your Money Goals" is your pathway to a future where your aspirations are not just wishes but realities. Enroll now and make this year count!
    • Join The Master Money Newsletter where you will become smarter with your money in 5 minutes or less per week Here!
    • Learn to invest by joining Index Fund Pro! This is Andrew’s course teaching you how to invest!
    • Watch The Master Money Youtube Channel! ,
    • Ask Andrew a question on Instagram or TikTok
    • Learn how to get out of Debt by joining our Free Course
    • Leave Feedback or Episode Requests here.
    • Car buying Calculator here


    Thanks to Our Amazing Sponsors for supporting The Personal Finance Podcast

    • Shopify: Shopify makes it so easy to sell. Sign up for a one-dollar-per-month trial period at shopify.com/pfp
    • Thanks to Policy Genius for Sponsoring the show! Go to policygenius.com to get your free life insurance quote.
    • Indeed: Start hiring NOW with a SEVENTY-FIVE DOLLAR SPONSORED JOB CREDIT to upgrade your job post at Indeed.com/personalfinance
    • Go to https://joindeleteme.com/PFP20/ for 20% off!
    • Shop outdoor furniture, grills, lawn games, and WAY more for WAY less. Head to wayfair.com
    • Get 50% Off Monarch Money, the all-in-one financial tool at www.monarchmoney.com/PFP
    • Chime: Start your credit journey with Chime. Sign-up takes only two minutes and doesn’t affect your credit score. Get started at chime.com/


    Connect With Codie:

    • ⁠www.codiesanchez.com⁠
    • ⁠www.contrarianthinking.co⁠
    • Linkedin: @codiesanchez
    • ⁠Twitter: @Codie_Sanchez⁠
    • ⁠Instagram: @codiesanchez⁠
    • ⁠TikTok: @realcodiesanchez⁠


    Connect With Andrew on Social Media:

    • Instagram
    • TikTok
    • Twitter
    • Master Money Website
    • Master Money Youtube Channel


    Free Guides:

    • The Stairway to Wealth: The Order of Operations for your Money
    • How to Negotiate Your Salary
    • The 75 Day Money Challenge
    • Get out Of Debt Fast
    • Take the Money Personality Quiz


    Learn more about your ad choices. Visit megaphone.fm/adchoices


    17 Brutal Lessons To Get Filthy Rich Aug 11, 2025
    Show notes

    In this episode of the Personal Finance Podcast, we break down the 17 brutal truths about building wealth that separate the rich from the rest—why saving alone will never make you wealthy, how 94% of millionaires live below their means, and why missing just 20 market days can slash returns by 70%. We explore uncomfortable money realities most never hear: why hard work isn't enough without assets, how lifestyle inflation destroys million-dollar earners, and why building multiple income streams is essential for financial freedom.


    Watch this episode in Youtube.


    How Andrew Can Help You:

    Listen to The Business Show here.

    Don't let another year pass by without making significant strides toward your dreams. "Master Your Money Goals" is your pathway to a future where your aspirations are not just wishes but realities. Enroll now and make this year count!

    Join The Master Money Newsletter where you will become smarter with your money in 5 minutes or less per week Here!

    Learn to invest by joining Index Fund Pro! This is Andrew’s course teaching you how to invest!

    Watch The Master Money Youtube Channel! ,

    Ask Andrew a question on Instagram or TikTok

    Learn how to get out of Debt by joining our Free Course

    Leave Feedback or Episode Requests here.

    Car buying Calculator here


    Thanks to Our Amazing Sponsors for supporting The Personal Finance Podcast

    Shopify: Shopify makes it so easy to sell. Sign up for a one-dollar-per-month trial period at shopify.com/pfp

    Thanks to Policy Genius for Sponsoring the show! Go to policygenius.com to get your free life insurance quote.

    Indeed: Start hiring NOW with a SEVENTY-FIVE DOLLAR SPONSORED JOB CREDIT to upgrade your job post at Indeed.com/personalfinance

    Go to https://joindeleteme.com/PFP20/ for 20% off!

    Shop outdoor furniture, grills, lawn games, and WAY more for WAY less. Head to wayfair.com

    Get 50% Off Monarch Money, the all-in-one financial tool at www.monarchmoney.com/PFP

    Chime: Start your credit journey with Chime. Sign-up takes only two minutes and doesn’t affect your credit score. Get started at chime.com/


    Links Mentioned in This Episode:


    Connect With Andrew on Social Media:

    Instagram

    TikTok

    Twitter

    Master Money Website

    Master Money Youtube Channel

    Free Guides:

    The Stairway to Wealth: The Order of Operations for your Money

    How to Negotiate Your Salary

    The 75 Day Money Challenge

    Get out Of Debt Fast

    Take the Money Personality Quiz


    Learn more about your ad choices. Visit megaphone.fm/adchoices


    She’s 64, Broke, and Wants to Day Trade - Here's What I'd Tell Her (Money Q&A) Aug 06, 2025
    Show notes

    In this episode of the Personal Finance Podcast, we are going to answer questions on this Money Q&A about she’s 64, broke, and wants to day trade - Here's What I'd Tell Her.


    Today we are going to answer these questions:

    1. Should my 67-year-old mom take a $100K lump sum pension or $720/month for life — and what should she do with her 401(k) and HSA?
    2. How does tax loss harvesting actually work — and is it worth doing?
    3. We found our dream home, but the seller won’t move out for months. How do we buy the house without becoming homeless in the process?
    4. Why use a high-yield savings account for emergencies instead of a brokerage? And how do retirement rules actually work with Roth vs. Traditional contributions?
    5. My 64-year-old mom is thinking about day trading to catch up for retirement. She’s been a single caregiver her whole life. What should someone in her position actually do to build financial security?
    6. I’m 47, contribute 15% to my 401(k), and have no Roth savings. Should I cut my 401(k) down to the match and start maxing out a Roth IRA to create tax-free income in retirement?


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