Paychecks & Balances | Personal Finance & Career Advice for Millennials

Today we welcome the host of “The Side Hustle Show”, Nick Loper. The Side Hustle Show is a weekly podcast that has been running since 2013. It explores creative ideas on how to make money outside of your day job. Nick is a side hustle enthusiast and many years ago he created a comparison-shopping website for footwear, that allowed him to quit his full time corporate job. Since then he’s had dozens of other side hustle successes and failures.   Nick is a believer that with hard work, the right niche and some patience, everyone can have some success with a side hustle, and use the extra cash to save more money, pay off debt, learn new skills or try and escape the rat race. Nick is also the founder of  

Today we welcome the host of “How to be Awesome at Your Job”, Pete Mockaitis to the show. Each week, Pete grills thought-leaders and results-getters to discover specific, actionable insights that boost work performance. He also runs an Enhanced Thinking & Collaboration (ETC) Training Program, which aims to improve businesses, foster collaboration and reduce wasted time. He’s provided 1-on-1 coaching to 700+ professionals from elite organizations such as Google, the UN, Amazon, Goldman Sachs, FedEx, McKinsey, Apple and more, across 50 countries and all Ivy League schools. In this episode, you’ll hear Pete talk about consulting, starting his own business, and how to channel deep focus for difficult tasks.   Highlights: What’s sexy about consulting? The challenges of consulting Pete’s love for transforming people and making a move towards entrepreneurship What is my offering? Who are my customers? How do I acquire my audience? 400 days’ worth of savings before starting a business House Hacking Happiness is the key to being awesome at your job The 80/20 Rule Scheduling uninterrupted-deep-work time Stay in touch with your network (“Build the well before you’re thirsty.”) Syncing up with your manager   Key Takeaway: When you’re trying to achieve your dreams, you must set yourself up for success. Define what success looks like, have a substantial savings to float you for a time, and create a strategy for your potential customers.   Paychecks & Balances Website:

Today, we welcome Michelle Jackson to the show. She's the founder of "Michelle is Money Hungry", a holistic financial/entrepreneurial and wellness resource, focused on empowering women with financial tips and tricks. Michelle runs a popular blog and is also the host of the podcast “Michelle Is Money Hungry.” She offers a course on eBook creation, hosts an in-person retreat “Money on the Mountain” and is the host of a second podcast about her love for Colorado called, “Square State: A Blog All About Colorado.”   In this episode, you’ll hear Michelle talk about her journey towards financial independence, how you can expand your network, and how to start your own business TODAY!   Highlights: Empowering women with money and entrepreneurship FIRE: Financial Independence Retire Early Why Michelle decided to quit her job “You are not defined by your work” Leveraging the internet to make money The money trap of shopping at Target Meet people in your areas of interests! Those contacts will get you jobs Hanging with people who make more money than you Fail fast and hard! Perfectionism is a waste of time Listen to what your audience wants   Key Takeaway: Life is too short for working at a bad job and putting off starting your business. Get specific with what you want and begin now.   Paychecks & Balances Website:  

Today on the show we welcome Brad and Jonathan, the founders of ChooseFI. Drawn together by their deep desire to help everyday people achieve financial independence, they developed a business that offers financial information to make peoples lives less stressful and more financially secure. Brad and Jonathan offer advice, articles, and resources to help their audience become more financially literate and tackle their own money battles with courage. In this episode, you’ll hear the story behind the ChooseFI Podcast, why saving is the root to all success, and how to transform your money mindset.   Highlights: Jonathan’s battle with debt How do you get “financially literate?” “Time is the ultimate luxury” Defining financial independence for yourself Savings drive everything What does my life actually cost? Should I earn more? Or spend less? Breaking down the Roth Ladder Conversion How can we get 1% better each day Playing the long game to become a millionaire The importance of having a vision and plan Small sacrifices can add up to big wins over time Freedom requires sacrifice Stop thinking about why you shouldn't and start thinking about why you should   Key Takeaway: Once you define to yourself what you want and adopt a mindset to support that lifestyle, you will be on your way to financial independence.   Paychecks & Balances Website:    

Today on the show we welcome Cortlon Cofield, the Owner & Lead Advisor of Cofield Advisors LLC, to talk about entrepreneurship and financial independence. He is a Certified Public Accountant (CPA) and Personal Financial Specialist (PFS) who has dedicated his career to helping entrepreneurs and creatives achieve financial clarity and peace of mind. Services like Business Advisors, Financial Advisors, and Accountants are all under one roof, making Cofield Advisors a one-stop-shop for all financial services. Their mission is to save entrepreneurs time and money by providing tax planning and financial planning guidance year-round.   In this episode, you’ll hear Cortlon talk about ditching his 9-5 to start his own business, the importance of financial independence, and how you can achieve success through consistent action.   Highlights: Discovering your Why How Cortlon found his mentor “Why do we need to derive purpose from work?” Taxes are everyone’s #1 expense From 9-5 to entrepreneur Burning those safety bridges so there is no Plan B The first step to making a million dollars… is believing its possible Retirement vs Financial Independence Ethical advice when it comes to finances 5 Things I Wish I Knew Before I Started My Business Battling with Imposter Syndrome-Courage through Action   Key Takeaway: Your mindset is the foundation for your success with money. When you start taking pride in what you do, how you bring value to others, and all that you can achieve, wealth will be inevitable.   Resources: