
The BetterWallet
Marc Russell
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Top 10 The BetterWallet Episodes
Goodpods has curated a list of the 10 best The BetterWallet episodes, ranked by the number of listens and likes each episode have garnered from our listeners. If you are listening to The BetterWallet for the first time, there's no better place to start than with one of these standout episodes. If you are a fan of the show, vote for your favorite The BetterWallet episode by adding your comments to the episode page.

Failing Forward: Embracing the Growth in Failure
The BetterWallet
05/01/23 • 20 min
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In this eye-opening episode, Marc discusses the importance of failure in personal growth and success. Drawing from personal experiences in his career, he shares his mantra of "failing forward" as a key principle to learning from mistakes and improving.
Through anecdotes from the lives of well-known figures like Giannis Antetokounmpo, Kobe Bryant, and Michael Jordan, he highlights how embracing failure and learning from it can lead to incredible achievements.
If you've ever felt discouraged by setbacks or wondered how to make the most out of your failures, this episode is a must-listen.
Timestamps:
[00:50] Failure is a part of success
[02:08] Giannis Antetokounmpo Interview
[03:52] Marc's personal journey
[07:23] Improving through failing
[08:33] Success if a combination of all your failures
[08:55] Michael Jordan's success story
[15:10] Taking calculated risks
[17:31] Everyone has to fail before being successful
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Connect with Me!
Instagram: @BetterWallet
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Twitter: @TheBetterWallet
YouTube: @BetterWallet

Dee's story: How to Hire Your Kids | Ep. 6
The BetterWallet
05/10/22 • 51 min
Hey, do you have young kids who are eager to earn an allowance?
Did you know that there are other ways for your kids to earn money, whether that be investment options or straight cash flow? Do you have a business or paying side hustle? Did you know you can hire your kid to help you? Are you ready to help your child create a healthy relationship with their finances? All of this, and more, only on the BetterWallet podcast with Marc Russell. It is never too soon to begin familiarizing your kids with the basics of financial stewardship. Let's dive in and learn some ways that parents can help set their kids set themselves up for the future.
In this episode of the Better Wallet, Marc sits down with Dee to discuss how you can hire your kids. Dee is a Finance Instructor and CPA (Certified Public Accountant) at UCLA and the founder of Kids Money Academy. She helps parents and children learn money-smart habits and methods. As a mother herself, Dee understands how important it is to help set her child up for financial success. We are excited to have Dee here to share some of her knowledge with us.
When you work hard for your money, you want to ensure it's going to the right places. And when you have kids, they want your money too. But how can we help our kids earn and save money while also helping to teach them some valuable skills? The answer is simple, let's hire our kids!
Hiring your kids can sound strange, but it's way cooler than it sounds.
We aren't just putting our kids to work; we are teaching them habits that they can use to become financially independent.
"You don't want to be in the driver's seat as a parent; they are in the driver's seat." Says Dee regarding allowing your children to choose how they will distribute their hard-earned earnings. "You want to be a lighthouse parent, which is you give the light you tell them where to go, how to go. But they are in the driver's seat." Dee reminds us that we can guide our children, but it's also crucial to empower them to make their own decisions.
One way to guide your children is to hire them. But why would you want to hire them? Well, it can be beneficial to both you and your child. You and your child can invest up to $12,500 in tax-free money. Whoa! Sounds cool, right?
But hold up because if you are looking to do that, there are some things you need to know first.
If you have a side hustle or a business, you can hire your child to help you complete some of your many business-related tasks. But be careful because child labor laws do apply. Your child cannot be involved in anything dangerous and can't work too many hours. The assignment also must be a real business-related job, such as photography or modeling for an Instagram page. Sorry parents, washing dishes does not count.
"So, my job as a parent is to create opportunities for them, not like give them everything they want," Dee says. Create opportunities for your child that they can learn and earn from. Make sure you keep a paper trail as well. You can pay your child for each individual task they complete. It's a good way for your child to make money and an excellent way for you to spread some of your own hard-earned wealth.
Click here to connect with Mar
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Connect with Me!
Instagram: @BetterWallet
TikTok: @BetterWallet
Twitter: @TheBetterWallet
YouTube: @BetterWallet

Investing for the Future: Building Wealth for Generations
The BetterWallet
06/06/23 • 34 min
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In this episode, host Marc Russell interviews guest Kevin about his journey from growing up in a wealthy community to starting his own investment education company. They discuss the importance of simplifying investing, teaching financial literacy, and navigating the current financial landscape.
Kevin shares valuable insights on investing in index funds, avoiding risky strategies, and investing for children's futures.
Timestamps:
[03:02] Kevin's biggest financial pet peeve
[06:28] Black Wall Street
[08:49] Deciding to get into teaching about money
[11:21] BuildingBread
[15:42] 3 ways to navigate finances in today's world
[19:37] The wrong & right way to invest
[27:11] Investing for your children
Connect with Kevin:
Social media: @BuildingBread
Buildingbread.com
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Connect with Me!
Instagram: @BetterWallet
TikTok: @BetterWallet
Twitter: @TheBetterWallet
YouTube: @BetterWallet

06/13/23 • 27 min
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Click Here To Join The Financially Bulletproof Investing Course!
Click Here To Download my Free Financially Bulletproof Checklist
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In this episode, host Marc Russell interviews guest Jared from DollarFor.org. They discuss the little-known option of charity care, a provision in the Affordable Care Act that allows nonprofit hospitals to waive or reduce medical bills for eligible individuals.
Jared explains how their organization helps patients navigate the complex process and advocates for them to have their medical debt eliminated.
Timestamps:
[07:18] Jared's story
[09:35] Charity Care
[13:05] Figuring out if you're eligible
[16:45] Why aren't hospitals sharing this
[19:35] Taxes on money forgiven
[21:47] Dollar For process
Connect with Jared:
Website: DollarFor.Org
Instagram
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Connect with Me!
Instagram: @BetterWallet
TikTok: @BetterWallet
Twitter: @TheBetterWallet
YouTube: @BetterWallet

11/22/22 • 31 min
Welcome everyone to the BetterWallet podcast. As you guys know, the BetterWallet podcast is all about the mystifying topic of money and sharing powerful money stories from people who truly beat the odds and found financial success.
Today we have Tashieka Ma'at from Jam Wealth. Tashieka is a money management coach, certified financial educator, and a PMP project management professional. She's also a mother of four and a first-generation Jamaican American.
[01:42] If you could only have 3 apps, what would they be?
[07:02] Tashieka's college experience; the first in her family to go
[11:33] What are variable expenses within a budget?
[15:01] More money isn't the answer
[19:03] Tashieka's wealth journey
[26:20] Tools to help you manage finances
More from Tashieka
Instagram
Spending Plan & Networth Tracker
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Connect with Me!
Instagram: @BetterWallet
TikTok: @BetterWallet
Twitter: @TheBetterWallet
YouTube: @BetterWallet

Leo's Story: Paying off $224,000 in debt in 2.5 years | Ep. 4
The BetterWallet
04/26/22 • 32 min
Are you a couple who is looking to get started paying down debt and live life financially free? Are you looking to make money outside of your 9-5 job? Are you searching for a better system of accountability and goal tracking? Do you need life insurance? Step right up and listen to the latest episode of The Better Wallet podcast, hosted by Marc Russell.
Marc Russell is a money management coach who helps others budget their money, pay down debt, and generate wealth. The BetterWallet podcast introduces us to other entrepreneurs, such as Marc, that share similar visions and ways of building wealth. And today's guest, Leo Jean-Louis, is sure to get a lot of couples excited about their futures. Leo is a friend of Marc Russell and a fellow money management coach. Leo and his wife, Faith, are the founders of the Freedom Is A Choice Movement. Today, Leo is going to answer some very important questions for couples looking for ways to pay down debt. You won't want to miss this.
Leo and Faith come from very different backgrounds. Leo's mother worked around the clock just to make ends meet. This instilled some strong values in Leo, who started working during high school. On the other hand, Faith was fortunate enough to have parents who had built wealth, which allowed her to shift her focus towards other things such as education. Leo and Faith had two very different viewpoints towards money. Naturally, when they met, these views clashed. They were forced to answer the question many couples have, "How can we work as a team to pay off our debts, manage our money, raise our kids and build a life of wealth?"
Chances are, you don't want to work for the rest of your life, and neither does Leo or Marc. Leo explains some key habits and ideas that couples or anyone else can adopt to help live a debt-free life.
Leo says, "The choices that we make today will determine the life that you live tomorrow."
Leo reveals that couples should establish a goal first and then let the goal dictate the habits. Make the goal fun and exciting, and remember to hold each other accountable. Develop a system to keep track of your progress and give each other feedback. But also be sure not to deprive yourself of something that brings you joy. Celebrate the small wins too!
Also, make sure you get a life insurance plan.
When it comes to life insurance, many misconceptions are out there. Most couples wait to get a decent life insurance plan and potentially deny themselves of much-needed assets. Talk with your spouse, and get a plan that can quadruple your income in the event of your passing. You don't want your spouse or your children to struggle with not only your loss but also massive amounts of debt.
So, how can YOU take that next step towards financial freedom?
Here is one key takeaway from Leo, "I would say, don't start with the numbers. Tell them the start with their why. So, establish their why, their reason for pursuing debt freedom, their reason for pursuing financial freedom."
Don't wait to start your journey to financial freedom. Use your why, and get started today! Connect with Marc or Leo and let them help you take your next step towards wealth.
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Connect with Me!
Instagram: @BetterWallet
TikTok: @BetterWallet
Twitter: @TheBetterWallet
YouTube: @BetterWallet

We Are In A New Bull Market: Why You Should Care!
The BetterWallet
06/20/23 • 14 min
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Click Here To Join The Financially Bulletproof Investing Course!
Click Here To Download my Free Financially Bulletproof Checklist
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In this episode of the Better Wallet podcast, host Marc discusses transitioning from a bear market to a bull market, emphasizing the importance of investing during the bull market phase. He explains the concept of market cycles, shares insights from his background as a financial advisor, and highlights the benefits of staying invested. Marc encourages listeners to take advantage of the current bull market, offering a free class on investing in index funds.
Timestamps:
[00:00:20] Bear-to-bull market transition.
[00:00:50] How to position oneself in the bull market.
[00:01:40] Rich people are buying during market downturns.
[00:02:10] The market works in cycles like a tree.
[00:03:00] Definition and significance of a bull market.
[00:03:30] Bull market during COVID-19.
[00:05:00] Doubling investments during the last bull market.
[00:06:10] The shortest bull market since 1932.
[00:07:00] Joining the investing wave.
[00:08:10] Market is still at an 8% discount from all-time highs.
[00:09:20] Webinar teaching about investing in index funds.
[00:12:10] Seizing opportunities in the bull market.
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Connect with Me!
Instagram: @BetterWallet
TikTok: @BetterWallet
Twitter: @TheBetterWallet
YouTube: @BetterWallet

Danielle's Story - Investing for your kids | Ep. 3
The BetterWallet
04/19/22 • 33 min
So, you're a millennial mom, entrepreneur, or maybe even somebody with a few financial questions. Perhaps you have big dreams of finding your passion, making more money, or learning to start investing for yourself and your kids? In that case, you need to check out The Better Wallet Podcast with Marc Russell. Marc helps people like you discover ways to budget, invest and save so that your money works harder than you ever have to. In this episode moms, Marc is joined by Danielle Shirley, a financial coach and educator. She is here to share her story to inspire other moms on their financial journeys as well. You'll want to listen to this one.
Danielle Shirley On Investing And Managing Your Money
As a single mother with two kids, and an entrepreneur herself, Danielle knows that where your money goes matters. Especially when the goal is to make enough money for yourself so that your kids can get a head start in investing. But with student loans and other life expenses coming at you, money management can feel tedious. Danielle was in the same boat: "I kind of felt like I was on like the scarcity wheel. You know, like the survival mentality, the survival wheel, where I was just doing good enough to get by." As Danielle and Marc explain, most of us are trying to get by with what we have, but it doesn't have to be like that.
Danielle began her business like many others did, right in the middle of the pandemic. Danielle saw this as an opportunity to step into her passion for helping others manage their money: "You see, it's like, I either had to work a job I didn't like for the money, or go for a passion and take that risk, but not make as much money."
Are You Ready To Step Into Your Passion?
Maybe this sounds like you? Do you feel like you're stuck in a wheel? Well, don't worry, you are not alone. Marc and Danielle are here to help.
Marc asks Danielle, "What piece of advice would you give someone who wants to start their financial journey, or they just want to start investing for their kids?" Danielle says that the best thing to do is to first "invest in yourself" and second "just get started."
Don't wait to get started. Start your financial journey today by connecting with both Marc and Danielle. To connect with Marc, begin your journey to financial wellness and listen to the entire episode of this podcast, please visit here. Or, if you are a millennial mother and want to learn more about investing for yourself and your kids, and you want to work with Danielle, please visit here. You can also connect with both Marc and Danielle on Instagram.
Start by creating that financial freedom you long for today.
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Connect with Me!
Instagram: @BetterWallet
TikTok: @BetterWallet
Twitter: @TheBetterWallet
YouTube: @BetterWallet

From College to COVID to Entrepreneurship; How Hassan Built His Own App for Financial Literacy | Ep. 39
The BetterWallet
12/20/22 • 26 min
The BetterWallet podcast is all about demystifying the topic of money and sharing powerful money stories from people that truly beat the odds and found financial success.
In this episode, Marc talks with Hassan Thomas, the founder and owner of FYI FLI, a company that helps professionals become financially literate. Hassan is also a certified personal finance educator and the host of his own podcast with the same name.
Marc and Hassan discuss financial coaching, Hassan's upcoming book, and their personal experiences with money. Hassan shares a story about his business-oriented approach to money management, even at a young age, and how he has seen the importance of financial literacy among his peers. The episode ends with a discussion about the importance of budgeting and the role it plays in financial success.
[1:15] Hassan's Karaoke Choice
[2:04] Money memories growing up
[3:20] How a football injury led to his financial career
[5:35] Learning from his father
[9:31] ETFs & REITs
[15:53] College to COVID
[17:11] Mindset is a huge factor
[21:04] Recession journeys
More from Hassan
Social Media
Website
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Connect with Me!
Instagram: @BetterWallet
TikTok: @BetterWallet
Twitter: @TheBetterWallet
YouTube: @BetterWallet

3 Ways Becoming Debt Free Has Changed My Life
The BetterWallet
07/11/23 • 19 min
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Click Here To Join The Financially Bulletproof Investing Course!
Click Here To Download my Free Financially Bulletproof Checklist
---
In this episode of the BetterWallet podcast, I take you on my journey to becoming debt-free and share how it has profoundly transformed my life. Join me as I discuss the challenges, sacrifices, and ultimate rewards of achieving debt freedom and how I am now using my money to shape a better future, make informed present choices, and recover from past financial mistakes.
[00:00] - Podcast introduction
[00:30] - Importance of paying off debt
[01:50] - Living paycheck to paycheck
[02:30] - Challenges faced during debt-free journey
[03:10] - Making short-term sacrifices for long-term prosperity
[04:00] - Setting a goal of becoming debt-free by 2020
[05:10] - Investing for the future after becoming debt-free
[06:00] - Reinvesting money into the business
[06:50] - No longer needing $1,500 for monthly expenses
[07:20] - Understanding personal monthly expenses for starting a business
[12:45] - Investing in health and wellness
[16:50] - Wrap up of the episode
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Connect with Me!
Instagram: @BetterWallet
TikTok: @BetterWallet
Twitter: @TheBetterWallet
YouTube: @BetterWallet
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FAQ
How many episodes does The BetterWallet have?
The BetterWallet currently has 82 episodes available.
What topics does The BetterWallet cover?
The podcast is about Budgeting, Debt, Wealth, Entrepreneurship, Investing, Money, Invest, Podcasts, Finance, Business and Money Mindset.
What is the most popular episode on The BetterWallet?
The episode title 'Mind Your Money: A Journey to Financial Empowerment' is the most popular.
What is the average episode length on The BetterWallet?
The average episode length on The BetterWallet is 33 minutes.
How often are episodes of The BetterWallet released?
Episodes of The BetterWallet are typically released every 7 days.
When was the first episode of The BetterWallet?
The first episode of The BetterWallet was released on Apr 1, 2022.
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