Murphy On Money

In this episode, Murphy explores 6 signs you're not saving enough money. While some of the examples may hit home fear not because he also gives 5 tips to get on track! You don't want to miss this one! Listen and check out the links below:Mentioned in this episode: Interested in free resources to help you win with money? >> http://www.financialcoachingrdu.com/free/Interested in Money Coaching or connecting with Murphy? No Charge Call. >> https://www.financialcoachingrdu.com/now/Follow Murphy @MurphyOnMoney on Instagram. >> https://www.instagram.com/murphyonmoney/Michael@MurphyOnMoney.com

In this episode, Murphy suggests that we can, and should, use comparison to stay motivated on any journey but not how we so often find ourselves using comparison. At the end of the episode, Murphy gives you several things than you can do, or start, to use comparison the right way and stay motivated! Listen and check out the links below. Mentioned in this episode: Kurt Wuerfele - LifePASS - Professional Training, Coaching & Visioning. He puts out great positive content. >> https://www.linkedin.com/in/kurtwuerfele/Interested in free resources to help you win with money? >> http://www.financialcoachingrdu.com/free/Interested in Money Coaching or connecting with Murphy? No Charge Call: >> https://www.financialcoachingrdu.com/now/Follow Murphy @MurphyOnMoney on Instagram. >> https://www.instagram.com/murphyonmoney/Email: Michael@MurphyOnMoney.com

In this episode, Murphy discusses why making a habit of tracking results will keep us making progress. Listen and check out the links below:Mentioned in this episode: Interested in Money Coaching or connecting with Murphy? No Charge Call: http://www.financialcoachingrdu.com/now/Interested in free resources to help you win with money? http://www.financialcoachingrdu.com/free/3 Proven Secrets to Successfully Control Your Money: https://murphyonmoney.com/3-secrets-to-control-money/Marriage and Money: 5 Money Tips for Newlyweds: https://murphyonmoney.com/marriage-and-money-5-tips-for-newlyweds/Millionaire Booklet- Grant Cardone - 8 Steps to Create Wealth: https://bit.ly/35sGaTPDave Ramsey Podcast - a must-listen show: https://spoti.fi/37GiNYeEmail: Michael@MurphyOnMoney.comBudgeting well, check out Cindy at @ZeroBasedBudget on Instagram. Oh and follow Murphy @MurphyOnMoney on Instagram.

In this episode, Murphy discusses why we should start by focusing to create strong control of our money. Yes, of course, we all want mo' money but studies show simply having more money may not solve our money woes! So what can we do? Murphy explains that in his experience, people get results only after they take control. The best part is controlling our money something we have in our own power to change today! Controlling our money makes all the difference. Are you controlling our money well? Want to start today? Listen and check out the links below:Mentioned in this episode: Interested in Money Coaching? No Charge Call: http://www.financialcoachingrdu.com/now/ChooseFI - Financial Independence community website: https://www.choosefi.com/3 Proven Secrets to Successfully Control Your Money: https://murphyonmoney.com/3-secrets-to-control-money/Marriage and Money: 5 Money Tips for Newlyweds: https://murphyonmoney.com/marriage-and-money-5-tips-for-newlyweds/Millionaire Booklet- Grant Cardone - 8 Steps to Cr

It's that time of year, traveling for the holidays. This time of year can be a real pinch on the finances. In this episode, Murphy discusses some best practices for budgeting and planning for travel which can reduce the stress of spending money. Mentioned in this episode: 3 Proven Secrets to Successfully Control Your Money - https://murphyonmoney.com/3-secrets-to-control-money/Marriage and Money: 5 Money Tips for Newlyweds - https://murphyonmoney.com/marriage-and-money-5-tips-for-newlyweds/Interested in Money Coaching? No Charge Call: http://www.financialcoachingrdu.com/now/Email: Michael@MurphyOnMoney.com

In this episode of Murphy On Money Michael shares a little about his home buying experience and things to keep in mind if you plan on buying a home. In this episode: Send your episode topics to: Michael@murphyonmoney.comSchedule a 15-min call with Michael: https://www.financialcoachingrdu.com/nowContact visit: https://murphyonmoney.com/

In this episode of Murphy On Money Murphy shares the audio of a presentation he gave called Motivate your Money! A 5 step process to get what you want from your money! Listen to this episode to get motivated and a game plan for your money! __ You CAN take control of your finances and create financial abundance in your life! I am a testament to what's possible. I went from broke with more bills than money - to financially stable with growing investments! It starts with the right plan. I used this exact process to get control and stay on track. Now you can too with the Motivate Your Money process. Grab a pen and paper and follow along with this activity based episode. You'll learn each step of the process and how you can get started! Anything is possible with desire, determination, and a plan!Get started! If you get stuck, have questions, or simply want help with the process you can reach me at https://www.financialcoachingrdu.com

In this Episode of Murphy On Money Murphy has a discussion with Chase, a member of the FIRE community. Chase is actually semi-retired in his early 30s! Learn how Chase did it! PLUS Chase provides great tips and tricks for how you can too! Read more at:https://murphyonmoney.com/chase-fire-financial-independence-retire-earlyMentioned in this episode are the following resources: • Watch Chase on YouTubeo https://www.youtube.com/user/chasejuggler/search?query=semi+retirementChase’s Tips! • Foodo http://www.reddit.com/r/EatCheapAndHealthyo https://thekrazycouponlady.com/ (This site is good even if you're not a coupon clipper. Just select your favorite store, then go to Deals of the Week. The deals are ranked from highest savings to lowest savings. Or use Ctrl-F to search for "buy one get one" to find only the strongest deals)• Housingo The Marie Kondo show on Netflix is pretty solid for learning to organize stuff. More organized stuff = less square footage = lower housing expenses. Where I live rent is about $

Learn about IRAs (the individual retirement account) with this episode. We dive into what they are, when to use them, and how to get them! Don't forget to listen to other episodes or read more about money and personal finance at https://murphyonmoney.com/.

In this episode of Murphy On Money, Murphy discusses the question "How much do I need to retire?”  This is a very common question and the best way to figure this out is by applying the 4% rule. Murphy explains the 4% rule and things to consider when calculating your retirement number. Read Murphy On Money Article at:https://murphyonmoney.com/how-much-do-i-need-to-retire/If you are interested in financial coaching you can reach Michael at:https://www.financialcoachingrdu.com/Also mentioned in this episode:https://www.everydollar.com/

In this Episode of Murphy on Money Murphy discusses a few calls he's received as a financial coach and why saving and investing while in debt is not a winning strategy. Murphy reviews: Cash flowTaxesNetworthand BehaviorA great episode for those early in their financial journey. Read Murphy On Money Articles at:https://www.murphyonmoney.comIf you are interested in financial coaching you can reach Michael at:https://www.financialcoachingrdu.com/

In this Episode of Murphy on Money Murphy discusses Marriage and Money! This week I asked my wife what her top 5 money tips would be for newlyweds. Her 5 tips are:1) Combine money2) Have both short- and long-term goals3) Do monthly spending plans together4) Pay the $10 a month for EveryDollar Plus5) Be ready to adjust the spending plan.This is a great list and I agree they have certainly helped our marriage. You'll want to listen to this episode where Murphy discusses each of these in detail with examples for added clarity. Also, according to an article at Marriage.com money is the #2 cause of divorce and lack of communication is the #3 reason. Implementing the 5 tips in this episode can go a long way in eliminating two of the top 3 causes of divorce! This episode is certainly worth a listen. Read Murphy On Money Articles at:https://www.murphyonmoney.comIf you are interested in financial coaching you can reach Michael at:https://www.financialcoachingrdu.com/Also mentioned in this eposode:https://www.every

In this Episode of Murphy on Money Murphy discusses what hes been working on for the past few months. He discusses saving for retiremnt and that if you feel behind you're not alone. The good news is setting up your 401K or 403B just got easier! Murphy just launched the Retirement Setup Guide which gives 5 simple steps with videos, tutorials, examples, and other tools to show you how you can take action and increase your confidence with saving and investing into your retirement program. No matter how young or old or how much you've saved for retirement so far, if you are one of the 95 million Americans with access to a 401K or 403B you won't want to miss this episode. Get the Retirement Setup Guide at: https://RetirementSetupGuide.com Read Murphy On Money Articles at:https://www.murphyonmoney.com

In this Episode of Murphy on Money Murphy discusses the Standford University Marshmallow Experiment on self-control and delayed gratification. He explains how his dad may have unwittingly performed a type of Marshmallow Experiment on him when his dad gave him a money challenge over a summer and fall. You don't want to miss this one, especially if you have kids. This little money challenge just may change their whole experience with money, saving, investing, self-control and delayed gratification. Read more at https://www.murphyonmoney.com/marshmallows-and-self-control/In this Episode, Muphy cites:Stanford Marshmallow Experimenthttps://en.wikipedia.org/wiki/Stanford_marshmallow_experimentRead more at https://www.murphyonmoney.com/marshmallows-and-self-control/

In this Episode of Murphy on Money Murphy discusses paying interest on debts and breaks down just how much it could be costing us. He gives two examples; one of a $25,000 loan for a car, and the second of a $200,000 mortgage. The interested paid may surprise you...In this Episode, Muphy cites a few statistics from a book by Tony Robbins called "MONEY Master the Game: 7 Simple Steps to Financial Freedom". Murphy highly recommends this book to anyone that is really interested in learning about money and how to invest.Read the post at: https://www.murphyonmoney.com/paying-interest-keeps-you-from-fi/ Thanks for listening!

In this episode, Murphy dives into college and the simple idea that investing in a college education must yield a return on that investment. in business, projects are always weighed against other possible projects based on their calculated rate of return or Return on investment (ROI).  If you consider college "Project YOU", you'll want to be sure that the project has a positive rate of return and a considerable ROI! If not, the money will have been wasted and paying off student loans will be difficult! Unfortunately, this is a situation many college grads find themselves in today. Also, Murphy asks, should we all be paying for our children's college?  His thought may be surprising but to some but a relief to other. Listen to find out more...Also, visit https://www.murphyonmoney.com/ to comment on posts or contact Murphy.Thanks for listening!

In this episode, of Murphy On Money Michael discusses 3 points on mortgages which are not well understood.How interest is calculated.Term and the effect on interest paid.The mortgage interest tax deduction. If you are a homeowner or plan to be someday understanding these 3 things could save you thousands!   I hope you'll enjoy. Read the post at: https://www.murphyonmoney.com/things-we-should-all-know-about-mortgages/Thanks for listening!

In this episode of Murphy On Money Michael discusses two effortless ways to save at least $300 a month. Why is $300 the target?  Michael explained in an earlier episode that if you want to have $1 million in your retirement account, one way to get there is by saving just $10 a day into your 401K. Which is about $300 a month. Simply put, using these tips could make you a millionaire!Read the post at: https://www.murphyonmoney.com/2-ways-to-save-effortlessly/Do you have access to a 401K or 403B and want to get started saving and investing?  Learn how to setup your account by getting the Retirement Setup Guide.  Find out more here: https://www.retirementsetupguide.comIf you like this podcast please subscribe and leave a review. It would be much appreciated!Thanks for listening!

In this episode of Murphy on Money Michael discussed some articles he read about retirement savings.  A couple facts Michael read were that only 1/3rd of Americans are saving for retirement and only 44% of workers with access to a 401(K) are actually making contributions.  Michael dives into saving for retirement and why it's so important. Lastly, he tells a story about someone that puts money into their retirement account regularly and why shows how saving into a 401(K) and sacrificing just $10 dollars can result in $1Million in just 34 years!Read the post at: https://www.murphyonmoney.com/retirement-savings-1000000-on-10-a-day/Let's take action and start stashing away that $10 a day!!!!   Do you have access to a 401K or 403B and want to get started saving and investing?  Learn how to setup your account by getting the Retirement Setup Guide.  Find out more here: https://www.retirementsetupguide.comI hope you enjoy this one! Thanks for listening!

In this episode of Murphy On Money, Murphy dives into something most of us will do in our lifetime, buying a car.  Murphy discusses his own thought process as he considered upgrading his car to a newer model.  He talks about throwing $100 dollar bills about of the window... I know, crazy right?  Murphy mentions that some of us may be doing that unintentionally with our car purchase.Will Murphy buy new? Used? Lease? Or will Michael buy a newer car at all?   Listen to find out more.  Read the post at: https://www.murphyonmoney.com/buying-a-new-car/Thanks for listening!