Jeremy Schneider’s Post

I had this thought the other day. For almost everything we want or need, there's a viable alternative that costs half as much. Verizon phone bill is $90/month? There are discount providers like Mint and US Mobile that are easily half that. Want that new fancy athleisure shirt? Get it used or something similar at target for half. Driving a car with a $500 car payment? You can drive a GREAT used car for $250/month total cost of ownership. Rent in your area is $1,800? Get a roommate. Now it's half. Usually it's not that we CAN'T do the cheaper thing, it's just that it's not convenient or comfortable. The other day I decided I needed some new 40 lbs dumbbells for my garage gym. I looked them up on Amazon, the set would cost me about $150 delivered to my door (Poor delivery guy). But that felt wasteful since weights essentially never go bad. So I trolled OfferUp for a few days until I found someone selling them, I DM'd an offer for about half the Amazon cost, they agreed. I showed up with the cash, and saved myself $75 and the guilt of watching the Amazon delivery guy drag an 80 lbs box up my front steps. Man, money spends easy. Just tap your card and the money FLOWS out of your account. But being frugal is HARD. It's discipline. It's uncomfortable. It's the path of greater resistance. It's also how millionaires are made. Sam and Sarah have quite similar looking lives. No one cares that Sarah drives a used car, has a roommate, and eats a few extra meals at home. But in 30 years, EVERYONE will be wondering how she is a multi-millionaire. You don't have to do it Sarah's way, but once Sarah is over that hump and her money is making more money than she is, Sarah has OPTIONS. A bit of short term discomfort leads to long term freedom and philanthropy. As always, reminding you to build wealth by following the two PFC rules: 1.) Live below your means and 2.) Invest early and often. -Jeremy #frugal #frugality #spending #couponing #savemoney

What If? What if you decided to spend the $5 to join my team, & you got the Garlic Shampoo, & loved it? What if instead of grabbing a coffee, you used that money to join? Will you miss that 1 cup? What if you joined, then used your 50% Discount & found a ton of products that you loved? What if those products made you feel more confident? What if that confidence lead you to share those products you love with all your friends? What if they decided to give them a try too, & you made 50% Commission from their orders placed on your website? What if that extra money lead to you being less anxious? What if you were able to start saving? What if some of your friends saw what you were doing & decided that they wanted to try it out too? What if these products made your friends feel happier & more confident too, how great would that feel? What if your friends were able to bring in an extra income, & it made them less anxious, able to say yes more often to their kids, able to afford groceries? Would you regret spending the $5 then? If you are ready, I am here waiting! Tomorrow is your last day to be able to join us for just $5!! #WhatIf #Confidence #Happier #LessAnxious #Try #WhatIfYouTried #Discount #Commission #DirectSales

Do you have a plan? Part of good money management is having a proactive approach to funding your life. With this concept in mind, 🧠 bank-rolling the holidays should be a year-long endeavor. Here's what you do to avoid financing Christmas: 1. Estimate how much you want to or are willing to spend. 2. Stash away a little money 💰💵 each month. Divide your estimate by the number of months you have left to give you a monthly target. 🎯 3. Shop AMAZING sales 🛍 like this one I found online at Walmart. If your kiddos are into board games, scoop some of them up for just a few bucks! ✔️With these strategies, you'll avoid paying full price, accruing debt, and piling up interest. ❓️What are some strategies you use for financing the holiday season? #proactivebudget #holidayplanning #christmasfunds #moneycoach #shopthesales

He finally earned it! This was a cool money lesson for my son. . . . . Several months ago, my son and I went to a D-backs game (classic). Upon entering the Team Shop, he had one item in mind... a new Sedona Red D-backs jersey. A crisp new design with the teal popping (great marketing by the D-backs BTW). At the beginning of the season, I offered $60 to spend in the Team Shop. He already spent $20 at a prior game. Here's how the conversation went down: 𝐍𝐚𝐭𝐡𝐚𝐧: "Dad... [hesitates to build courage] I really like that jersey." 𝐌𝐞: "Ok buddy, let's take a look. How much does it cost?" 𝐍𝐚𝐭𝐡𝐚𝐧: "A $110." 𝐌𝐞: "Ok, let's see how much you have in the bank.... It looks like you have $70." 𝐍𝐚𝐭𝐡𝐚𝐧: "So, can I get it?" (he's better at math than that, I promise) 𝐌𝐞: "Here's the deal. You have $40 left from me. Plus, you have $70 in the bank. It'll cost about $120 with tax. So, you are $10 short at the moment." 𝐍𝐚𝐭𝐡𝐚𝐧: "Ok, so I can get it?" 𝐌𝐞: "Unfortunately, you are $10 short. BUT if you work hard, earn your allowance, then when you come to the next game, you'll have more than enough for the jersey." 𝐍𝐚𝐭𝐡𝐚𝐧: [disappointed, yet understanding] What a valuable lesson for a 10-year-old. Especially when he's the spender of the family. Could I have just bought the jersey? Totally. Could I have just taken $10 from his next allowance so that he could buy it now? Absolutely. But then my son would be missing out an important money concept... 𝐈𝐟 𝐲𝐨𝐮 𝐝𝐨𝐧'𝐭 𝐡𝐚𝐯𝐞 𝐭𝐡𝐞 𝐦𝐨𝐧𝐞𝐲, 𝐭𝐡𝐞𝐧 𝐲𝐨𝐮 𝐜𝐚𝐧'𝐭 𝐛𝐮𝐲 [𝐢𝐧𝐬𝐞𝐫𝐭 𝐚𝐧𝐲𝐭𝐡𝐢𝐧𝐠 𝐡𝐞𝐫𝐞]. Now he's understanding patience. He's seeing the benefit of delayed gratification. I'm so proud of him. (I let him know that several times) You earned that jersey, buddy. Wear it proudly! GO D-BACKS! #MoneyLessons #Dbacks #DelayedGratification

"If you won the lottery, what would you buy?" This was from my friend's daughter who is very much aware now of the luxuries money can buy. That includes acceptance from her classmates and right now, she is in pain because she can't seem to keep up. One group is experimenting with hair. Another group is Sephora addicts. Add to that things like iPads, iPhones, books, trips, clothes. My friend is essentially surviving paycheck to paycheck. A fairly significant paycheck. Both are wishing for more money and are now into regular lottery. This is not just some fun and play any more. Money often equates with acceptance, especially among peers. It's painful to see her struggle, unable to keep up with luxuries like fancy hairstyles or Sephora hauls. Her mother, too, wishes for more to ease these pressures, leading them both to regularly dream of winning the lottery. Here's the question that turned them around: why do they feel that only lottery would ease financial pressures? It came down to the money story. The beliefs, the self-perceptions, the assumptions, the emotions attached to each event. Long story short, my friend does not have the time to invest in herself as a single mother. The beliefs about her relationship with her daughter, both their mindsets, beliefs about themselves and their value.. all were sabotaging their best efforts. With a courage to challenge their beliefs, I am happy to say they have started their journey of transformation. The perfect Mother's Day gift for (and from) this incredible mum!! If you would like to learn how to change your beliefs around money, book a FREE 30 minute consultation with me here 👉 https://bit.ly/4afazq2 #investment #wealth #growth #investing #finances

In a remarkable and short-lived incident, a man from America found himself briefly holding the title of the world's richest person after an astonishing $92 quadrillion was accidentally credited to his PayPal account. Back in July 2013, Chris Reynolds, a PR executive from Pennsylvania, logged in to his PayPal account and was stunned to see an astronomical sum in his balance. Instead of the usual six or seven-figure amount, his account showed a mind-boggling 17-figure sum: $92,233,720,368,547,800 - a staggering $92 quadrillion. This unintentional credit made him the wealthiest individual on the planet, surpassing even the likes of prominent billionaire Carlos Slim, whose net worth was a mere $67 billion in comparison. Reacting to the extraordinary situation, Reynolds remained bemused, expressing uncertainty about the origin of the credit, speculating that perhaps someone was having a bit of fun. Before this incident, the most significant sum Reynolds had ever received on PayPal was a modest amount of "a little over $1,000" from selling vintage BMW tires on eBay - quite the contrast. Unfortunately for Reynolds, the mistake was quickly noticed and rectified by PayPal. The company acknowledged the error, stating it was an obvious mistake, and expressed appreciation for Reynolds' understanding of the situation. Although he couldn't keep the astounding fortune, PayPal offered to donate an undisclosed sum to a charity of Reynolds' choice. His experience with such an astronomical amount left him feeling like a million bucks, as he jokingly remarked. When asked about what he would have done if he had been allowed to keep the money, Reynolds playfully responded that he would have used it to pay down the national debt. He added with a touch of humor that if possible, he might have considered purchasing the Phillies sports team at a favorable price. In the end, the accidental quadrillionaire's adventure lasted only a few minutes, but it left a lasting impression on him and provided a brief glimpse into the realm of unimaginable wealth. #globotalks#paypal#quadrillions#rich#news

Great post about teaching your kids to value all of their possessions, no matter the size or cost. It's a good reminder for me as well!

“How do I pay for a car?”  My 12 year old son asked me this question recently. He wanted to know how to pay, not the process to buy. He’s been asking lots of money questions of late - with the cost of living and housing crisis so prominent in the media, even he is worried about how to ‘get ahead’. But it made me think. “How do you pay for a second-hand car nowadays, especially if you buy privately?” In the old days, it would be easy… Go to bank. Withdraw cash. Registration papers signed. Shake hands. Deal done! Now, you need to order the cash and probably get charged for an over-the-counter transaction. That is if your bank isn’t cashless! Maybe a bank cheque – These probably cost $50 nowadays and I’ve been told car sellers still want to wait until the bank cheque has cleared. (What is the point of a bank cheque then!) Then, of course, it’s a bank transfer via payID or the like. However, even those have hold times. My bank puts a 24-hour hold on a new payee. You also have the big issue of trust - the issue of when the payment goes into the seller’s account. Do you trust them with $$$ going into their account, and you don’t yet have the registration signed over or the keys to the car? No wonder people go to car dealers. No offence to car dealers but there is a premium, additional costs and probably a card surcharge to boot. After having this conversation - half in my head and half out loud to my son - it made me think about something my mum said not long ago. "Life was simpler!" (Even with seven kids, one car, and only one black-and-white TV with four fuzzy channels). When did we make life so damn hard? Oh! Then this story from the ABC yesterday. "Australians lose nearly $1 billion a year in card surcharges." Let's continue adding unnecessary costs to our lives to fuel big business profits. How do our kids ‘get ahead’? ---- Hi, I'm Leanne a sometimes venting small business owner helping other small business owners get focused with their marketing to help them 'get ahead'. Unlike some organisations, I don't charge additional fees and am transparent with my pricing. Ask me about my refund policy. #Marketing #MarketingStrategy #SmallBusiness #MarketingConsultant #LookDeeperMarketing

Deposits are HOT right now (perhaps in more than one way). All this talk about deposits got me thinking... Outside of work, “deposits” are not in my vernacular. As an individual I don’t have deposits. But I’ll tell you what I do have. I have an emergency fund. I have income. I have birthday money from my mom (that's her below - TY mom!) I have cash in a drawer from selling furniture on Facebook Marketplace. I have a tax return. I have a refund from returning an uncomfortable couch to Costco. I have reimbursement from my latest corporate travel expenses. I (will) have winnings from my dominant March madness bracket. I have dividends & interest. I have an insurance payout to replace damaged gutters. I have a loaded Starbucks app. I have a revolving Venmo balance. And I would love it if my bank would help me to get more of these things, get them faster, help them grow, and help me use them wisely. #banking #depositstrategy