The Lifestyle Entrepreneur

These are my top three stock picks for the end of 2020 and the beginning and going into 2021. --- Send in a voice message: https://anchor.fm/financial-independence/message

In this episode I talk about the Lehman Brothers big idea that they had back in the 1920s. They essentially created the concept of abstract business and abstract money. Where you no longer had to buy a boat to transport cotton from the USA to Europe. You could still earn money from that transaction happening without ever being physically involved in that transaction. This is in revolutionary concept and idea that we still don't grasp today period and it's why the rich get richer and why the gap between the ultra wealthy and the middle class keeps expanding. --- Send in a voice message: https://anchor.fm/financial-independence/message

In this episode I was asked a question "how do you balance saving money and enjoying life". Listen to this episode for the answer! --- Send in a voice message: https://anchor.fm/financial-independence/message

In this episode I tell you how you or anyone can become a millionaire even if you are making $30,000 a year or less. And the symbol truth is that it's absolutely possible. Actually it's not just possible but it's your own fault if you do not become a millionaire in your lifetime. This is how you do it --- Send in a voice message: https://anchor.fm/financial-independence/message

In this episode I was asked a question if it was better to live and rent an apartment or to buy a house to live in. --- Send in a voice message: https://anchor.fm/financial-independence/message

in this episode I go over how I'm going to be changing the podcast and the podcast format you are still going to get the same amazing personal finance advice just in smaller doses. --- Send in a voice message: https://anchor.fm/financial-independence/message

I expose REAL reported data on the success of MLM's. Plus I debunk some myths behind pyramid schemes and MLMs.

A big part of personal finances is making sure we don't LOSE a lot of money. 98% of participants in MLMs make less than minimum wage.

In case you're keeping score that means joining an MLM means you're essentially guaranteed to lose all the money you put into an MLM.

What MLM or pyramid scheme have you been recruited to? Do you have any experience inside one of these? 

Let me know by commenting on my Youtube Channel, or DM'ing me on Instagram (links below).

⏯ Mediocre Money YouTube:

https://www.youtube.com/channel/UCzW4mt4zK7WtCsZuA9jn0WQ

📸 My IG:

@MediocreMoney

https://www.instagram.com/mediocremoney/

🎶 TikTok:

@MediocreMoney

💸 Get $50 of free trades with Questrade:

http://mediocremoney.com/questrade-50/

MUSIC:

“Songs From the Vault”

Recorded at WISTIA HQ in Cambridge, MA

Written, arranged and performed by Dan Mills

Engineered, mixed, and mastered by Dan Mills

Album art by Michelle Fine

All songs from ‘Songs From The Vault’ are permitted for web use only. Film and broadcast television strictly prohibited. Contact [email protected] with questions.

Sources:

https://www.aarp.org/content/dam/aarp/aarp_foundation/2018/pdf/AARP%20Foundation%20MLM%20Research%20Study%20Report%2010.8.18.pdf

https://www.prnewswire.com/news-releases/new-survey-reveals-73-percent-of-people-who-participate-in-network-marketing-opportunities-lose-money-or-make-no-money-300727716.html

https://www.competitionbureau.gc.ca/eic/site/cb-bc.nsf/eng/04221.html

https://www.competitionbureau.gc.ca/eic/site/cb-bc.nsf/eng/00518.html

--- Send in a voice message: https://anchor.fm/financial-independence/message

Have you lost you job? I also lost my job once, and this is how you can turn losing your job into one of the BIGGEST opportunities in your lifetime.

I'll tell you a bit about my story when I lost MY job. And how I survived through it, then turned it into an opportunity to capitalize off.

When it comes to personal finance it's important to have diverse income streams. The reason why I recommend doing this, is because it minimizes the risk of losing any income. Lose a job? Don't worry your rental income can pay for your lifestyle. Lose renters? At least you have a side gig.  But besides trying to figure out how to survive after losing your job. It's the utmost importance that you think about YOUR FUTURE. And your future career. 

Decide where and what you want to do, network on linked in, get new online certifications and start carving out the path to your NEW career, and NEW life. Come out of this BETTER than you were before.

Mediocre Money YouTube:

https://www.youtube.com/channel/UCzW4mt4zK7WtCsZuA9jn0WQ

My IG:

@MediocreMoney

https://www.instagram.com/mediocremoney/

TikTok:

@MediocreMoney

Get $50 of free trades with Questrade:

http://mediocremoney.com/questrade-50/

--- Send in a voice message: https://anchor.fm/financial-independence/message

Ever wonder how to make an extra $500 a month? Well in this episode I'm going to show you how I'm doing just that. I'll also be walking you through my step by step process to help you start earning some extra income on the side.

Mediocre Money created this financial independence podcast to help educate and provide advice, strategies, and research to help you become financially free.

Join the community by subscribing to the podcast or check me out here:

Personal Finance Blog

Personal Finance YouTube Channel

--- Send in a voice message: https://anchor.fm/financial-independence/message

I (finally) opened my first Wealth Simple trading account and I was surprised at how intuitive their app is.

However Wealth Simple made some huge mistakes in my opinion that gives me a scammy big bank feeling.

I had some issues signing up with the account, apparently I already had one. Then I couldn't continue my signup process in their app, it had to be chrome or another internet browser.

I had to fill out the same 15 minutes of questions twice, once to open my account and a second time to open my TFSA.

But the biggest issue I had with them was management fees! Listen to the podcast to learn what I didn't like about this VERY important aspect of investing.

Please subscribe to the podcast

Subscribe to my personal finance youtube channel.

And read my financial independence blog for unique strategies to live a wealthy life.  

--- Send in a voice message: https://anchor.fm/financial-independence/message