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Ideal Life & Money Academy

Ideal Life & Money Academy

Hosted by: Mike Staunton & Jason Lam

What if you could start living your Ideal Life today, and have a plan to reach Financial Freedom years earlier? We believe everyone can live their Ideal Life. We've created this podcast to make reaching Financial...

All Episodes

Episodes

Tax Brackets Explained (hint: yes, take the raise!!)

The Truth About Tax Brackets "Should I accept this raise or this bonus?" Popular myth: "Making more money will put me in the next tax bracket! I don't want to pay the higher rate for my entire income...." Yes, your...
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Should I Combine My Finances After I Get Married?

How long have you been married? 1 day, month, year, or decades..... It doesn't matter because it's time to combine your finances. My wife, Elle, and I combined our finances as soon as we got married. Not before and...
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Zero % Financing Is A Marketing Tool

Beware of purchasing something at 0% Financing. It's a marketing ploy to get you to buy something you probably can't afford, or at a minimum, don't really need. We are the most marketed to culture in the history of...
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It Doesn't Have to Cost Money to Get Out of the "Friend Zone"

Valentines Day ideas that don't cost a lot of money: - Hand made gift (ie cards) - Set a romantic mood at home - Know your and your partners love language (acts of service, gifts, quality time, words of affirmation,...
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Credit Cards Are the Cigarette of the Financial Industry

Remember when cigarette's were cool? Doctors even smoked them. This is exactly how I feel about credit cards! We will view them as the financial cancer they are in the coming decades. Do yourself a favor and stop...
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Debt Elimination is just the beginning

We want you to get rid of debt, but that's just the beginning. The real fun comes after the debt is gone! There are lots of people out there who focus on helping us get out of debt. I'm a financial coach and know a...
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How to live in an expensive area cheaply

The most desirable places to live are always the most expensive but how can you afford to live in these places? In this video, we give you some practical tips and several real-life stories of how we've lived in some...
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Why we are budgeting for 2024

Budgeting will help you: - Gain more control of your life and money - Make different decisions so you can save more and allocate those dollars to other things - Assess what is important to you - Teach you how to say...
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How I Saved $100k By Budgeting In 2023

I saved at least $100,000 in 2023!!!! That is huge as we only spent $40,000 in total for the year. That's right, my wife and I spent less than $40,000 for the entire year driving across the country in our RV. This...
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What to do if you've overspent on your credit card this holiday season

Tip #1: Get rid of your credit cards If you cut them up, then the debt can't grow more or grow back! Tip #2: Decide to change If you continue to do the same things and expect a different result = insanity. Tip #3:...
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Top 5 things to do for your year end review

Tip #1: Net worth spreadsheet Coach Mike does this every January 1st. Updating your net worth document is key to making sure you are moving in the right direction. "What doesn't get measured, doesn't get managed" Tip...
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Questions to ask when working with an Investment Pro

We all want to invest for our future, but what we don't know may end up hurting us. So, I put together a few tips on what you need to know or ask when investing your money. Should you work with a Financial Advisor...
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