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This is Part II of the Travel and Wellness Series with Tangia Renee, the host of The Skin You’re In Podcast. Tangia Renee is a women’s empowerment speaker, Certified Personal Trainer and coach. She helps women prioritize self-care and break up with diet culture. In this episode, we chat about how to make wellness conscious decisions and more.
https://podcast.thoughtcard.com/wp-content/uploads/2019/05/Tangia-Renne-Travel-and-Wellness.jpg10241280Danielle Desirhttp://podcast.thoughtcard.com/wp-content/uploads/2018/08/ThoughtCard_300x300.pngDanielle Desir2019-11-24 00:15:512019-11-27 17:23:24Episode 42: Planning a Trip with Wellness in Mind with Tangia Renee
Taking care of your mind and body is very important when you travel. That is why I invited Tangia Renee, the host of The Skin You’re In Podcast on the show. The Skin You’re In is a podcast about demystifying all things wellness, health, and fitness for women to love their bodies, prioritize their wellness, and finally feel incredible in their own skin.
Tangia Renee is a women’s empowerment speaker, Certified Personal Trainer and coach. She helps women prioritize self-care and break up with diet culture. In this episode, we chat bout travel and wellness – how to set intentions for your wellness on a trip and ways to better manage your money.
Denis O’Brien is a Chartered Accountant who is passionate about money and personal finance. Along with his fiancé Katie Welsh, they run Chain of Wealth a personal finance blog and podcast that inspires millennials to openly talk about money and tackle their financial issues. Together Katie and Denis have paid off $200,000 of debt in less than 2 years and they inspire others to reach their financial dreams by creating easy to understand resources. Chain of Wealth has been featured in USA Today, Nerd Wallet, Rockstar Finance and other publications. In this episode, Denis shows us how he has set up different passive income streams to reach his goals and how you can too!
In this episode we cover:
What is a side hustle?
Why people should consider multiple income streams
The difference between side hustles and passive income
How to convert an active income stream into passive income
https://podcast.thoughtcard.com/wp-content/uploads/2019/03/Chain-of-Wealth-Denis-Obrien.jpg10241024Danielle Desirhttp://podcast.thoughtcard.com/wp-content/uploads/2018/08/ThoughtCard_300x300.pngDanielle Desir2019-03-20 19:30:132019-05-19 16:05:36Episode 25: Passive Income with Denis O'Brien from Chain of Wealth
In this mini-episode, I share how you can save money on coffee at the airport and why you should have multiple bank accounts. For more money tips, join me live every Sunday over on my Facebook page (@thethoughtcard).
Tip #1: Instead of buying coffee at the airport, get free coffee during your flight. Now it might not be a latte or frappuccino but it still does the job. So if you want to save money on coffee, get it for free on your next flight.
Tip #2: Unlimited free Wi-Fi has become very popular in airports. While waiting for your flight, get some work done or connect with family and friends on social media by taking advantage of the free Wi-Fi.
Tip #3: Having multiple bank accounts is any easy way to manage your money. It allows you to see each line item on your budget separately so at a glance, you know exactly how much money you can spend.
Tips for setting up multiple bank accounts:
Figure out how many accounts you need based on your budget.
Next take advantage of automation – direct deposit money from your employer into specific bank accounts so all you have to do swipe and spend.
This episode of The Thought Card is sponsored by my Back to Budgeting Basics course. In this self-paced online course we debunk the myths that budgeting is “hard” and I help you quickly create a personalized goal-centric budget that aligns with your priorities and values.
A budget is a powerful wealth building tool which helps you reach your financial goals. So if you tried budgeting in the past and lost momentum, or have been winging it, and haven’t really seen much progress, this course is designed for you.
If you want to pay off your debt, save some extra money or have the cash on hand to do the things you love, it’s time to take control of your finances and learn how to set yourself up for financial success with this signature budgeting course.
https://podcast.thoughtcard.com/wp-content/uploads/2019/03/Multiple-Bank-Accounts-1.jpg6831024Danielle Desirhttp://podcast.thoughtcard.com/wp-content/uploads/2018/08/ThoughtCard_300x300.pngDanielle Desir2019-03-19 14:47:002019-03-20 23:49:43Episode 24: Saving Money on Coffee & Having Multiple Bank Accounts
So you’ve stashed a significant amount of money away in your emergency fund. Congratulations! But now that you’ve accomplished your savings goal, you might be wondering, what’s next? In this mini episode, I share ideas for what you can do after you’ve reached your emergency fund savings goal.
It really depends on how much you think you’ll need. Everyone’s savings target will be different.
However, conventional wisdom says that you should have anywhere between 3-12 months of expenses saved in your emergency fund.
How did I do it?
I started my emergency fund by saving $1,000.
This is actually what personal finance guru Dave Ramsey suggests as well. In Baby Step 1, Dave Ramsey suggests saving $1,000 in your starter emergency fund for when something unexpected comes up.
After you’ve saved $1,000 now what?
My Top Emergency Fund Milestones:
Save $1,000 in emergency fund
Save $5,000 in emergency fund
Have a $500 to $2,000 buffer in my main checking account. This pot of money serves as the first line of defense and gives me some leeway to spend without having to dip into my emergency fund.
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This episode of The Thought Card is sponsored by my brand new course Back to Budgeting Basics. In this fundamental budgeting course, I teach you how to create a goal centric budget that helps you accomplish your short and long term financial goals faster. I also teach you how to track where your money is going every month, organize your banking and create a simple money routine.
https://podcast.thoughtcard.com/wp-content/uploads/2019/03/After-Reaching-Your-Emergency-Fund-Goals.jpg8171024Danielle Desirhttp://podcast.thoughtcard.com/wp-content/uploads/2018/08/ThoughtCard_300x300.pngDanielle Desir2019-03-06 19:06:412019-03-22 12:42:45Episode 23: Ideas for After You've Reached Your Emergency Fund Goal
Goals are important because they allow you to create your future today. Although a lot of people set financial goals every year, most people don’t actually end up sticking with them because they get distracted along the way. So how do you set financial goals that you will achieve? In this episode, I share easy ways to set yourself up for financial success by setting financial goals that are a good fit for your life right now.
Don’t forget to check out my course Back to Budgeting Basics. In this course we debunk the myths that budgeting is “hard” and I help you manage your money so you can quickly achieve your goals.
https://podcast.thoughtcard.com/wp-content/uploads/2019/02/Setting-Financial-Goals.jpg6831024Danielle Desirhttp://podcast.thoughtcard.com/wp-content/uploads/2018/08/ThoughtCard_300x300.pngDanielle Desir2019-02-20 02:09:412019-11-06 12:40:37Episode 21: How to Set Yourself Up for Financial Success by Setting Financial Goals
In today’s mini episode I share why I rented out two bedrooms in my house and some of the challenging situations that I had to deal with while living with roommates. What was living with two roommates like? I would be lying if I said that living with roommates was easy but after 13 months of house hacking, I can look back at my experience, appreciate the lessons and move on with my life.
Living with two roommates was extremely challenging – there were plenty of stressful moments, lots of annoying moments and quite a few tears. The truth is, after signing the dotted line and buying a house back in May 2017, I quickly realized that I wasn’t financially prepared for the aftermath.
What was living with two roommates like?
Here I was the owner of a beautiful home but I had no furniture or working appliances. My house was empty and I didn’t have any money saved up for furniture or decorations.
Slowly buying what I needed, I got roommates to help pay off all the credit card debt that I accumulated and offload some of my monthly expenses.
What’s important here is that I had a goal for the extra income. I used the extra income to pay off debt, pay my monthly bills and I saved the rest.
Although there are obviously plenty of financial benefits to having roommates, it’s not always about the money. You have to also think about how having roommates may affect your mental and physical health.
Overall, I’m thankful that I’m at a point where I can afford to live on my own now.
Helpful Tip: When saving for a house also save up for furniture, appliances and repairs.
My name is Danielle Desir, and I believe that when we make informed financial decisions, we can go extremely far. As a financially savvy traveler, I also believe that anyone can afford to travel, and this podcast shares the tools and resources, secrets and stories of how travelers from around the world are making smart money decisions to afford to travel more, pay off debt and build wealth.