Archives For personal finance education

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Piper Niemann

Piper Niemann is a Title Real Estate Closing Notary who has been self employed since 2004. She shares why she chose her field and how being self employed compares to working for someone else.

You can find her at:
Piper Niemann

Give us a call on our voicemail listener feedback line at 615-200-7189
or drop Greg an email at: greg [at] debtshepherd [dot] com

Debt Shepherd, 2015 All Rights Reserved

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Interest

You’re borrowing the purchase price and you’re borrowing the interest paid. At the same time. Two loans, not one. Look at your amortization schedule. A – Mort – ization – Mort means death.

What is interest?
Rent for the use of the bank’s money.
They didn’t have it to lend anyway. You created it when you signed the promissory note.

$100k loan @ 4% interest for 30 years. You pay back $100k.
And you pay back $72k interest or rent for the use of the banks money.

$72K divided by $100k = 72% interest, not 4% as you’ve been lead to believe.

You don’t question it because the monthly payment fits into your comfort zone.

So you borrow $100k and payback $172K. You have to earn $172k plus (for example) your 25% tax bracket. You have to earn $172k plus $43k to payback the loan. That’s you earning $215k to pay back a $100k loan.

Check out the blogtalk interview with host Rick Fiorio:
The Right Side of Things

Give us a call on our voicemail listener feedback line at 615-200-7189
or drop Greg an email at: greg [at] debtshepherd [dot] com

Debt Shepherd, 2015 All Rights Reserved

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Sean O'Shea

We spend time with Sean O’Shea, an inspirational speaker, singer & songwriter. He’s twice opened for Dr. Wayne Dyer and been interviewed by Charles Gibson & Diane Sawyer on ABC’s Good Morning America.

He shares with us:
How you can honor your quest to do the work you love.
What kind of business savvy it takes.
When you know you’re living your dream now.
Ways ordinary people can make an extraordinary difference.

Sean can be found at:
spiritualpeopleskills.com

Give us a call on our voicemail listener feedback line at 615-200-7189
or drop Greg an email at: greg [at] debtshepherd [dot] com

Debt Shepherd, 2015 All Rights Reserved

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Nick from AK

We talk to Nick from Alaska and ask him what it’s like recently out of The US Navy, going to college, and forging a path in this crazy economic terrain?

Interview Questions:

1) Who’s your biggest hero?
2) Why college?
3) What would you say to folks in their 20’s, thinking about going back to school?
4) What about someone in school thinking about quitting because a full time job seems more lucrative?
5) When do you think you’ll be making “enough” money?
6) Where do you want to be in 5 yrs?

Give us a call on our voicemail listener feedback line at 615-200-7189
or drop Greg an email at: greg [at] debtshepherd [dot] com

Debt Shepherd, 2015 All Rights Reserved

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Shelly's Fabulashes

We talk to Shelly from Missouri, a single Mom with three kids who was recently looking for a way to make a little extra money for Christmas.

What she found turned out to be something much bigger than expected.

She shares with you this awesome opportunity to make a little extra money for your family and how it can be more, if you choose.

Give us a call on our voicemail listener feedback line at 615-200-7189
or drop Greg an email at: greg [at] debtshepherd [dot] com

Debt Shepherd, 2015 All Rights Reserved

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What the hell

What if everything you’ve ever believed is less than what’s real? Less than what’s possible?

What if everything you’ve ever been taught is less than actuality?

When do you stop asking deeper questions of why you’re here?

Where did you come from? Where are you going? What if Jesus, Buddha, Mohammed, The Pope, and Anton LaVey don’t get to come along for your ride?

What if true happiness is smack dab in the middle of bliss and depression? Do you have the balls to stay in balance between the two?

Closing thoughts:
Subtraction is far more powerful than addition.

Resources:
Your inner voice

Give us a call on our voicemail listener feedback line at 615-200-7189
or drop Greg an email at greg [at] debtshepherd [dot] com

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Robert Wayne Leath
We talk to a working Nashville musician about doing what you truly love for a living.
You’ll hear Robert’s cover of “The Boxer” by Simon & Garfunkel.

No famous name dropping here, just good old fashion honesty about making a living in the music industry.

Give us a call on our voicemail listener feedback line at 615-200-7189
or drop Greg an email at: greg [at] debtshepherd [dot] com

Debt Shepherd, 2015 All Rights Reserved

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Screen Shot 2015-03-25 at 6.43.32 PM

We talk to Robert Wesley Branch about his transition from a traditional Christian upbringing to a totally new spiritual outlook on life. Honoring the old and embracing the new, he shares, among other things, how his relationship with money changed along the way.

Resources:
Robert Wesley Branch

Give us a call on our voicemail listener feedback line at 615-200-7189.
Or drop Greg an email at: greg [at] debtshepherd [dot] com

Debt Shepherd 2015, All Rights Reserved