Archives For Money

I answer listener email questions about finance with my good friend Ahyh.

Twitter trends Nashville @ 11:30 a.m. Sunday Of 10 listed, 5 are sports.

Last 3 emails I got:

1) Dear Debt Shepherd,

I am writing you to express my thankfulness to your work.

There are loads, loads of podcasts about money, credit, etc but they are not about changing the spiritual side of being wealthy. That makes your radio special from many others.

I am looking forward to listening to “Get your mind straight” series. I have already reduced the amount of junk food in my meal, and I feel way much better after the food part of it. 

Keep going on! You are doing great work!
Warm greetings from Siberia – Anna Svinoboeva

2) Hi Greg:
Thanks for the encouraging feedback.
We agree with you on the 401(k) — since Wall Street is also taking two-thirds of the employer-match in fees over the long haul. Much better to set up your own IRA at a local, FDIC-insured community bank that makes sound loans to local businesses and local home mortgages.
Best regards,
Pam Martens
Wall Street On Parade

2/3 of your 401k and employer match are being eaten up by just 2% annual fees!

3) Should I buy another car if my current one is paid for and running just fine? Honda, high miles. Wife says “I deserve it” listener said Honda might not be safe since lacks safety features of newer cars.


Advice from Catherine Austin Fitts of Solari
1) Bank Local
2) Turn off TV
3) Eat Fresh (& local).

Get your mind straight. Get your money straight.
Debt Shepherd 2016, All rights reserved.

The importance of money conversations in the home.

– Financially illiterate parents raise children to repeat the same.

– Environmental determinism pre late 1800’s vs present.

– Environmental determinism post industrial revolution, post computer age, post globalism.

– How early should we start teaching money to kids?
– How early should we start sharing our financial literacy with kids?

– Why aren’t money matters taught within the family?

– How can we expect gov/t to improve the economy when we don’t practice discipline ourselves?

Get Your Mind Straight. Get Your Money Straight.
Debt Shepherd 2016, All Rights Reserved

I discuss the three things needed to get the debt free feeling.

Little Bites

Pocket Calculator
Your Paycheck

Get Your Mind Straight. Get Your Money Straight.
Debt Shepherd 2016, All Rights Reserved

Economic Envy – 211 DSR

March 19, 2016


We discuss the dangers of keeping up with the elusive Jones’.

We ask the following:

– Since the word Greed is more commonly used when referring to money, is there a difference between envy & greed?

– TV was first demonstrated a mere 90 yrs. ago. Thoughts on it’s influence on Americas “Can’t Get Enough” attitude.

– Is TV’s influence intentional or accidental?

– TV’s appeal to emotion vs rational mind.

– TV, are we better off without it?

In the 2005 book – American Mania: When More is Not Enough we are reminded:

“Despite an astonishing appetite for life, more and more Americans are feeling overworked and dissatisfied. In the world’s most affluent nation, epidemic rates of stress, anxiety, depression, obesity, and time urgency are now grudgingly accepted as part of everyday existence. They signal the American Dream gone awry.”

American Mania: When More is Not Enough
Four Arguments for the Elimination of Television

Get Your Mind Straight. Get Your Money Straight.
Debt Shepherd 2016, All Rights Reserved

Jekyll Island

One of the most important books you’ll ever read about the mysteries of money.

This books reveals:
Where does money come from? Where does it go? Who makes it? The money magicians secrets are unveiled. We get a close look at their mirrors and smoke machines, their pulleys, cogs, and wheels that create the grand illusion called money.

The Creature from Jekyll Island
Optimized Self
Narco Dollars For Dummies

Get Your Mind Straight. Get Your Money Straight
2016 Debt Shepherd, All Rights Reserved


In the audio (click above) we cover:

What is the interest rate?
Who decides?
Difference between the interest rate and the REAL interest rate.
3 ways to save interest paid over the life of the loan.
Why do we borrow money from strangers?


The Man Who Quit Money

Get Your Mind Straight. Get Your Money Straight.
Debt Shepherd 2015, All Rights Reserved


Knowledge of money all starts with the basics. You need a solid foundation before you can build a house. Mike Maloney’s Hidden Secrets of Money video series is the best primer I can recommend to get you started.

Guide to Investing in Gold & Silver
Hidden Secrets of Money
Irwin Schiff

Get your mind straight. Get your money straight.

Debt Shepherd 2015, All Right Reserved

198 DSR – How to Go Broke

October 13, 2015


Top 5 ways to go broke:

1) Too Many Credit Cards
2) Ignoring Your Current Situation
3) Keeping Up With The Jones’
4) Listening to Friends & Family Who Are Clueless About Money
5) Buying Too Much House

The outline for this episode was used with permission from debt management expert Doug Hoyes of the podcast “Debt Free in 30.”

Doug Hoyes (Canada)
Debt Free in 30 (iTunes)
The Creature From Jekyll Island

Debt Shepherd 2015, All Rights Reserved