About the Episode:  In this episode, we’re sharing tips on how to negotiate a pay raise. How should you start the conversation? When is the right time to have the conversation?   In our Current Event segment, we’re talking about unemployment levels over the last few years. Our success story comes from Grace, who has made significant progress over the last few months with her finances.  Resources: FULLY FUNDED LIFEIWBNIN Ladder Related Monday Money Tip Podcast Episodes:Episode 137: 5 Tip to Help You Absolutely, Positively, Actually Follow Your Budget Episode 143: 5 Steps to Avoid Budget-Busting Expenses Episode 156: A Balanced Budget Episode 162: The Difference Between Spenders & Savers Email info@iwbnin.com to ask questions or share success stories.

Monday Money Tip

#172: How to Negotiate a Pay Raise

About the Episode:  In this episode, we’re discussing when you should refinance your mortgage. Is now the right time, or should you wait? In our Current Event segment, we’re talking about the raising of the National Debt Limit.  Our success story comes from Jayme, who has been able to pay off his cars and his house in only seven years!! Key Questions to Answer:  How long do you plan to remain in this home? What is your current mortgage balance?  What is your current interest rate? What interest rate is available to you?  How much does the refinance cost?  Resources: FULLY FUNDED LIFEIWBNIN Ladder Article: What the Federal Debt Ceiling Showdown Could Mean for YouArticle: The Debt LimitArticle: Treasury Dept to invoke ‘extraordinary measures’ as Congress misses debt-ceiling deadlineBank RateTool: Mortgage Payment Calculator  Related Monday Money Tip Podcast Episodes:Episode 118: We Paid Off Our House in 9 Years - Success StoryEpisode 119: When is the Right Time to Purchase a House?Episode 165: Our Home Pay-off Process Email info@iwbnin.com to ask questions or share success stories.

#171: How to Know When to Refinance

About the Episode:  In this episode, we’re discussing one “ox” we’d recommend for someone just starting their financial journey. In our Current Event segment, we’re talking about housing, fuel, and food prices and how they are affected by inflation. Our success story comes from Faith, who has been able to make significant progress with her finances. She’s been able to pay off a $10,000 loan in 5 months, still put money in her savings account, and pay cash for car repairs and house maintenance.  Resources: FULLY FUNDED LIFEIWBNIN LadderConsumer Price IndexInflation CalculatorIWBNIN Group StudyBook: OXEN: The Key to an Abundant HarvestJoe’s Current Investments  Related Monday Money Tip Podcast Episodes: Episode 138: What is a Mutual Fund? Episode 139: Make Money While You Sleep Episode 149: How to Teach Your Kids About Investing Episode 166: Things I’d Do Differently  Email info@iwbnin.com to ask questions or share success stories.

#170: Do You Have an Oxen?

About the Episode:  In this episode, we’re sharing tips on how to improve your credit score. In our Current Events segment, we’re giving an update on the US National Debt and how you can tell if your state is in the positive or negative.  Our success story comes from Amber, who recently called to let us know she’s debt-free!!! Woohoo!!! Resources: FULLY FUNDED LIFEIWBNIN LadderUS Debt ClockCredit SesameCredit KarmaAnnual Credit Report Related Monday Money Tip Podcast Episodes: Episode 113: How to (Re)Build Your CreditEpisode 126: How Bad Credit Impacts Your Wallet Episode 159: Identifying Money WoundsEpisode 160: Healing Money Wounds Email info@iwbnin.com to ask questions or share success stories.

#169: How to Fix Bad Credit

About the Episode:  In this episode, Joe sits down with friend and Pastor Marty Schmidt to discuss his story. Marty is the Lead Pastor for The Bridge Church in Ottumwa, Iowa. Pastor Marty shares how he’s seen his faith and confidence grow in God as Jehovah Jireh - Provider.  Joe and Marty discuss what the phrase “Fully Funded Life” means to his family and how his financial journey has affected his life, relationships, and marriages.    Resources: FULLY FUNDED LIFEAbout Marty SchmidtThe Bridge Church IWBNIN LadderDebt Tools Budgeting Tools Related Monday Money Tip Podcast Episodes:Episode 142: Getting a Non-Participating Spouse to Join Episode 158: What Does it Mean to Steward Your Finances Well Episode 165: Our Home Pay-off Process Episode 166: Things I’d Do Differently  Email info@iwbnin.com to ask questions or share success stories.

#168: Success Story - Pastor Marty Schmidt

About the Episode:  In this episode, we’re sharing tips on how to teach your kids about saving money. In our Current Events segment, we’re talking about how student loan debt is at an all-time high in the U.S. and growing at an unprecedented rate over the past two decades.   Our success story comes from Lois, a member of our Fully Funded Life community. Since joining Fully Funded Life, she’s set up an emergency fund and even had extra money available when an unexpected life event happened. Resources: FULLY FUNDED LIFEIWBNIN LadderArticle: StatistaArticle: Wall Street JournalTOOL: College Calculator BOOK: What Everyone Should Know Before They Enter The Real World529 PlansTOOL: Savings Spectaculars Financial Peace Jr. Related Monday Money Tip Podcast Episodes:Episode 109: Making Your Student Loans DisappearEpisode 123: How to Choose the Right College Episode 129: How Much Money Do You Need to Save For College?Episode 144: How to Teach Your Kids About Budgeting Episode 147: How to Teach Your Kids About Debt Episode 149: How to Teach Your Kids About Investing Episode 151: How to Teach Your Kids About Giving Email info@iwbnin.com to ask questions or share success stories.

#167: How to Teach Your Kids About Savings

About the Episode:  In this episode, Joe shares what he would and wouldn’t do differently if he could go back to the very start of his financial journey. In our Current Events segment, we’re talking about record debt levels in America. We’re looking at what has changed over the years and what are new trends we’re seeing.  Our success story comes from a member of our Fully Funded Life community, who has been able to pay off her car and make headway on her student loan debt.  Resources: FULLY FUNDED LIFEIWBNIN Ladder Article - US Personal DebtBook: 20/20 MONEY: Gaining Clarity for Your Financial FutureTools: Budgeting Templates Tools: Saving & Investing Online Banks  Related Monday Money Tip Podcast Episodes:Episode 89: Should I Have a Credit Card?Episode 132: How to Find a Good Money CoachEpisode 134: 4 Steps to BudgetingEpisode 139: Make Money While You SleepEpisode 143: 5 Steps to Avoid Budget-Busting Expenses Episode 153: The Power of 1% Episode 156: A Balanced Budget Episode 157: Funding Your BIG Dreams Email info@iwbnin.com to ask questions or share success stories.

#166: Things I'd Do Differently

About the Episode:  In this episode, Joe interviews IWBNIN team member, David Nimmons, on how he and his wife recently paid off their mortgage. David shares some key tips and tricks for paying off your house. Joe and David discuss what tools you can use if you’re trying to pay off your mortgage quickly. They also talk through what can make a big difference and what can set you back.   Resources: FULLY FUNDED LIFEIWBNIN LadderDebt Tools Early Pay-Off CalculatorMortgage Payment Calculator  Related Monday Money Tip Podcast Episodes:Episode 66: Pay off Your House - Early! Episode 118: We Paid Off Our House in 9 Years - Success StoryEpisode 140: The Power of Persistence Episode 156: A Balanced Budget Email info@iwbnin.com to ask questions or share success stories.

#165: Our Home Pay-Off Process - The Nimmons’ Success Story

About the Episode:  In this week’s episode, Joe and Sarah Piercy are also joined by I Was Broke. Now I’m Not. team member, Whitney, who recently embarked on The 30-Day Spending Challenge. During this episode, they discuss questions like why Whitney decided to start this spending challenge, what are some things she said no to, and what she did when she wanted to buy something but couldn’t. In this episode, hear from someone who is actually participating in The 30-Day Spending Challenge. About Sarah PiercySarah is a wife, mom of 3, friend, and follower of Jesus. She spent almost 10 years in ministry as Executive Assistant to Lead Pastor, Carey Nieuwhof, in Ontario, Canada, and continues to work with Carey today. She loves people, good conversations, and challenging herself with life experiments for personal progress and spiritual growth. She writes about her exploration of what makes life rich, meaningful, and worth living from her blog, writtenforthegood.com, and she lives with her family just north of Toronto.  Resources: FULLY FUNDED LIFEIWBNIN LadderThe 30-Day Spending Challenge Related Monday Money Tip Podcast Episodes:Episode 76: Spending FastEpisode 96: Is Now the Time for a Spending Fast?Episode 163: The 30-Day Spending Challenge Email info@iwbnin.com to ask questions or share success stories.

#164: Whitney’s Spending Challenge Journey

About the Episode:  In this episode, Joe sits down with Sarah Piercy to discuss what a spending challenge is and who can benefit from participating in this challenge. Sarah joins us after creating The 30-Day Spending Challenge that we’re launching later this month. She’ll be coaching participants on how to prep for and successfully complete their first month-long fast from spending.  Before we kick-off the challenge, we wanted to have Sarah back to share her heart behind the fast and what she’s hoping people will experience through it.   About Sarah PiercySarah is a wife, mom of 3, friend and follower of Jesus. She spent almost 10 years in ministry as Executive Assistant to Lead Pastor, Carey Nieuwhof, in Ontario, Canada and continues to work with Carey today. She loves people, good conversations, and challenging herself with life-experiments for personal progress and spiritual growth.  She writes about her exploration of what makes life rich, meaningful, and worth living from her blog, writtenforthegood.com and she lives with her family just north of Toronto. Resources: FULLY FUNDED LIFEIWBNIN LadderThe 30-Day Spending Challenge Related Monday Money Tip Podcast Episodes:Episode 76: Spending FastEpisode 96: Is Now the Time for a Spending Fast? Email info@iwbnin.com to ask questions or share success stories.

#163: The 30-Day Spending Challenge

About the Episode:  In this episode, we’re discussing what to do when one spouse is a saver and the other is a spender. How can you make your finances work, and what are some tips for understanding the differences? In our Current Events segment, we’re sharing about the new child tax credit.  Our success story comes from Jennifer, who has developed new financial habits that are transforming her family. Resources: FULLY FUNDED LIFEIWBNIN LadderArticle - Child Tax CreditArticle - Divorce Money IssuesTool: Budgeting Templates Online Banks Book: 20/20 MONEY: Gaining Clarity for Your Financial FutureRelated Monday Money Tip Podcast Episodes:Episode 88: “No” Allows You to Say, “ Yes” Episode 98: Fire Your Wanter Episode 128: Debt-Free While Working a Job We Love Episode 156: A Balanced Budget Episode 157: Funding Your BIG Dreams Episode 159: Identifying Money Wounds Episode 160: Healing Money Wounds Email info@iwbnin.com to ask questions or share success stories.

#162: The Difference Between Spenders & Savers

About the Episode:  In this episode, we’re going to discuss how to stick to a budget and save money with your back to school shopping.  In our Current Events segment, we’re talking about how the NCAA approved a recommendation to suspend their rules on amateurism on an interim basis. What does this mean for athletes and how does it affect you? Our success story comes from the Baker family who paid off $50k+ of debt and are debt free and living in their new forever home.   Resources: FULLY FUNDED LIFE IWBNIN LadderTool: Mini Budget2021 Sales Tax HolidayTool: Budgeting Templates PDF: Download Back to School Savings Book: What Everyone Should Know About Money BEFORE They Enter The Real WorldRelated Monday Money Tip Podcast Episodes:Episode 147: How to Teach Your Kids About Debt Episode 149: How to Teach Your Kids About Investing Episode 151: How to Teach Your Kids About Giving Episode 156: A Balanced Budget Email info@iwbnin.com to ask questions or share success stories.

#161: Back to School Savings - 2021

About the Episode:  In this episode, we’re going to build on what we discussed during our last episode. In episode 159, we discussed what money wounds are and how to identify them. In this episode, we’re sharing how we can work to heal our money wounds. In our Current Events segment, we’re talking about foolish money decisions. Our success story comes from Frances, who was able to weather a nine-month period where her husband was unemployed.   Resources: FULLY FUNDED LIFE IWBNIN LadderArticle - Foolish Financial DecisionsBook: I Was Broke. Now I’m Not. Book: What Everyone Should Know About Money BEFORE They Enter The Real WorldRelated Monday Money Tip Podcast Episodes:Episode 120: Saving for KUEsEpisode 137: 5 Tip to Help You Absolutely, Positively, Actually Follow Your BudgetEpisode 139: Make Money While You SleepEpisode 143: 5 Steps to Avoid Budget-Busting ExpensesEpisode 155: The Power of the IHHE Moment Episode 159: Identifying Money Wounds Email info@iwbnin.com to ask questions or share success stories.

#160: Healing Money Wounds

About the Episode:  In this episode, we’re discussing what money wounds are and how you can identify them.  In our Current Events segment, we’re discussing why it’s important to be prepared for what can come your way. Our success story comes from Valerie, who has paid off over $32,000 in just a few years and has an entirely new outlook on her finances.   Resources: FULLY FUNDED LIFE IWBNIN LadderReady.govBook: OXEN: The Key to an Abundant HarvestBook: I Was Broke. Now I’m Not. Related Monday Money Tip Podcast Episodes:Episode 120: Saving for KUEsEpisode 137: 5 Tip to Help You Absolutely, Positively, Actually Follow Your BudgetEpisode 139: Make Money While You Sleep Episode 143: 5 Steps to Avoid Budget-Busting ExpensesEpisode 155: The Power of the IHHE Moment  Email info@iwbnin.com to ask questions or share success stories.

#159: Identifying Money Wounds

About the Episode:  In this episode, Joe sits down with Davey Blackburn from Nothing is Wasted Ministries for an incredibly insightful conversation.  Joe and Davey talk about what it looks like to steward what we have wisely and live generously.  Joe shares some advice we can all follow on stewarding our finances well.  Resources: FULLY FUNDED LIFE IWBNIN LadderNothing Is Wasted MinistriesNIN PodcastRelated Monday Money Tip Podcast Episodes:Episode 120: Saving for KUEsEpisode 137: 5 Tip to Help You Absolutely, Positively, Actually Follow Your BudgetEpisode 143: 5 Steps to Avoid Budget-Busting ExpensesEpisode 155: The Power of the IHHE Moment  Email info@iwbnin.com to ask questions or share success stories.

#158: What Does it Mean to Steward Your Finances Well

It is our goal to help you accomplish far more than you ever thought possible with your personal finances, allowing you to do exactly what you have been put on earth to do.

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Monday Money Tip

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