First To A Million is a new book about financial independence (FI) aimed at teenagers. But it's so much more and the lessons and tips will apply no matter your age, stage, or wage. Scott reviews this book before you can get it - and you should plan to get it! Pre-order the book on Amazon now: https://www.amazon.com/First-Million-Teenagers-Achieving-Independence/dp/1947200461 ================ LISTENER QUESTION/COMMENTS ================ How do I know if I'm getting the best rate on a mortgage quote (Deanna the Dog Walker) I'm getting an increase in pay and jumping up in tax brackets. Where should I put my money if I'm maxing out my retirement accounts (OMG) How should I treat my HSA - as part of my emergency fund (Chad, Illinois) Can you do a custodial Roth for a minor that isn't a minor you own (Daren) ================ TOPICS =============== RED ALERT WARNING: Why you don't need an Apple cloth. Cocatalyst - How to donate appreciated stocks to charity: https://www.cocatalyst.org/articles/how-to-donate-stock-to-a-charity ================ ENCORE ================ Get your questions answered on the show: https://GoAskScott.com Get your accounts in order with Optimize 401k: https://bit.ly/Optimize401k

The Scott Alan Turner Show

First To A Million (FIRST DATE)

Whether you want a new car. A new house. A closet full of shoes. A better education for kids. Traveling in style. Even your own plane, this is how you get it. ================ LISTENER QUESTION/COMMENTS ================ I'm considering Legal Zoom for estate planning, what are your thoughts (Cardi, Michigan) Is it best to have an emergency fund in cash (Joanie, Tampa Bay) How can I be confident when it comes to investing (Heather) What do you think of debt consolidation services (Mrs. Picard) ================ TOPICS =============== RED ALERT WARNING: What does one big CEO say about Bitcoin? Good news for teachers and non-profit workers when it comes to student loan forgiveness. ================ ENCORE ================ Get your questions answered on the show: https://GoAskScott.com Get your accounts in order with Optimize 401k: https://bit.ly/Optimize401k

One Trick On How You Can Afford Anything (GO YOUR OWN WAY)

The math on compound interest is staggering. Even if you know this stuff already, seeing it in a different light will put a smile on your face and increase your confidence in your plan. ================ LISTENER QUESTION/COMMENTS ================ Is there any consistency to the market now (Rocio) What can I do about a contractor that didn't complete some work (Mark) How much money is required to get started investing (Marteen, Cape Town) ================ TOPICS =============== When can putting your finances on auto pilot destroy your plan? RED ALERT WARNING: Come on! Why is this company still around? MONEY HACK: The worst myth about cars that keeps costing people money I TOLD YOU SO: A museum says they gave an artist $84,000 in cash to use in artwork. Guess what happened? ================ ENCORE ================ Get your questions answered on the show: https://GoAskScott.com Get your accounts in order with Optimize 401k: https://bit.ly/Optimize401k

Are You Leveraging This Power? (DAUGHTER)

Building wealth is so much more than spending less than you earn and investing the difference. Indecision is a decision. So what could you be doing today that will build wealth for your tomorrows? ================ LISTENER QUESTION/COMMENTS ================ Is a tax free retirement account (TRFA) like a Roth IRA (Jodie) What can I do with the money in a 529 plan if my son doesn't use it for school (La Forge) ================ TOPICS =============== What should you be doing about inflation right now? RED ALERT WARNING: Another sad tale of social insecurity. MONEY HACK: Get your credit score and credit monitoring for free from Discover without any strings attached. I TOLD YOU SO: A museum says they gave an artist $84,000 in cash to use in artwork. Guess what happened? ================ ENCORE ================ Get your questions answered on the show: https://GoAskScott.com Get your accounts in order with Optimize 401k: https://bit.ly/Optimize401k

New Way To Think About How Wealth Is Created (FEEL THE PAIN)

Building your nest egg is just as important as making sure it doesn’t end up a scrambled mess. What's beyond the simplified advice of 'spend less than you earn'? ================ LISTENER QUESTION/COMMENTS ================ Can I contribute money to a Roth IRA for a child (Audrey, Chicago) Where can I learn about stocks and bonds to get started investing (Marissa, Mass) ================ TOPICS =============== SUCCESS TIP: What can you do to get ahead in any area of your life quickly? ================ ENCORE ================ Get your questions answered on the show: https://GoAskScott.com Get your accounts in order with Optimize 401k: https://bit.ly/Optimize401k

Money Do's and Don'ts for the 7-Figure Retirement (SEMI-CHARMED LIFE)

Another entertaining review of MLMs. "LuLaRich" largely focuses on how LuLaRoe’s multi-level marketing structure ruined lives. ================ LISTENER QUESTION/COMMENTS ================ My financial advisor took out loans in my name and ruined me (Cheryl) When is a good time to get umbrella insurance (Alex, Phoenix, AZ) Will I get hit with capital gains on my home purchase if I rented it out (Fred, Idaho) ================ TOPICS =============== RED ALERT WARNING: Back to school book fair that's unfair. MONEY TIP: Hospitals are getting ready to publish what things cost, which is good for consumers. Do you have this advice in your home to save on insurance? ================ ENCORE ================ Get your questions answered on the show: https://GoAskScott.com Get your accounts in order with Optimize 401k: https://bit.ly/Optimize401k

Is This Scam Culture (CREEP)

Imagine the joy you would feel by being able to spring for a meal at a Michelin Star restaurant for an anniversary with your significant other? It's possible, if you know how. ================ LISTENER QUESTION/COMMENTS ================ Will 2022 be a better year to wait and buy a car (Addison, Maryland) I have a travel tip for people if they can't go far (Keith, Honolulu, Hawaii) I found $300 in savings over the past year just by paying attention to my bank statements (Trey, Worcester, MA) ================ TOPICS ================ Vermont is hiring! RED ALERT WARNING: Are your last wishes in place so you don't get hosed when exiting the earth? Would you opt out of social insecurity if you could? ================ ENCORE ================ Get your questions answered on the show: https://GoAskScott.com NOLO Willmaker: https://store.nolo.com/products/quicken-willmaker-plus-wqp.html INTRODUCING Optimize 401k: https://bit.ly/Optimize401k

Tips For Eating Out That Build Wealth (CHEESEBURGER IN PARADISE)

INTRODUCING Optimize 401k: https://bit.ly/Optimize401k Imaging your perfect place to live. What does it look like? People are moving now more than ever because of Covid. Are you dreaming and making some plans to get to your next place? ================ LISTENER QUESTION/COMMENTS ================ Is there a way to do a backdoor Roth and avoid the pro rata rule (Joel) What's the right amount of money to have set aside if we buy an AirBnb vacation home so we don't get stuck if it doesn't rent (Jackson, Miami, FL) How can I nudge my partner to get on this path to financial freedom (Sydney from Canada) ================ TOPICS ================ Here’s what happens to Social Security payments when you die. RED ALERT WARNING: Another handsome man has the secret to building wealth. It's only $49! SHOPPING TIP: Get your Christmas shopping down now while there is still junk to buy and the shelves are empty. ================ ENCORE ================ Get your questions answered on the show: https://GoAskScott.com  

Is It The End of Big Cities (BIG YELLOW TAXI)

The total number of retirement millionaires has nearly doubled from one year ago. The outlook for retirement savers is only improving! No matter your age, stage, or wage, it's time to get inspired. Plus, tips to save. ================ LISTENER QUESTION/COMMENTS ================ Can I take the gains from the sale of a rental property to pay down my primary residence and avoid capital gain taxes (Andrew) ================ TOPICS ================ Here’s what happens to Social Security payments when you die. RED ALERT WARNING: T-Mobile data breach and what you need to do and expect. MONEY MAKING TIP: When all else fails, sue to get money. James Bond’ actor Daniel Craig says his children won’t be receiving his multimillion-dollar fortune ================ ENCORE ================ Get your questions answered on the show: https://GoAskScott.com

The New Retirement Millionaires (THE SWEETNESS)

Investing/saving/buying should be about seeing the future. Which is hard to do when people can't even admit they could be making a mistake. ================ LISTENER QUESTION/COMMENTS ================ Can I take the gains from the sale of a rental property to pay down my primary residence and avoid capital gain taxes (Andrew) ================ TOPICS ================ MONEY HACKS: Should you decline rental car liability coverage? TRAVEL TIP: How to save on Covid tests ================ ENCORE ================ Get your questions answered on the show: https://GoAskScott.com

What An Idiot I Am (AMERICAN IDIOT)

The best place for your retirement money could be a Roth. How can you stack it? ================ LISTENER QUESTION/COMMENTS ================ Jennifer from SoCal spots The High Priest in a West Texas Walmart. Go big, then stop in order to build wealth with little effort. Announcing the 2021 Personal Finance Scholarship $1,000 winners: Libby + Samantha. ================ TOPICS ================ TRAVEL TIP: Saving money on long term parking at the airport. MONEY HACK: Keto for Kats? At 46, African skateboarder finally wows mom at Tokyo Games. ================ ENCORE ================ Get your questions answered on the show: https://GoAskScott.com

Roth Stacking (STACKED ACTORS)

Target date funds are the "easy button" for retirement investing. They can take the confusion and research out of investing and let you get back to your life. They can also cost investors a lot of money...in ways most people don't think about (no, not just fees). ================ LISTENER QUESTION/COMMENTS ================ Should I treat my Target Date Fund as if I'm 30 years old and will be in retirement for decades (Dan) When tracking expenses how do I avoid double entries (Ray, Texas) What are the red flags to look out for with insurance (Cathy, Boulder, CO) ================ TOPICS ================ How to max out your employer retirement plan above and beyond what you may think you can put in. Student loan pausing is changing, here's how to get out in front of the October 1st deadline. RED ALERT WARNING: Inflation - who should be worried? The Olympian using Pop Tarts to go for the gold. ================ ENCORE ================ Summer Student Loan Debt Help: https://www.meetsummer.org/individuals Long Term Disability Calculator: LTD Calculator: https://www.guardianlife.com/disability-insurance/long-term-disability-insurance-cost Get your questions answered on the show: https://GoAskScott.com

Why Target Date Funds Suck (And Don't) (FIRST DATE)

Most people have a goal of owning investments that they’re comfortable with. Understanding the difference between risk tolerance and risk capacity will help you achieve your goals and avoid running out of money before running out of life. ================ LISTENER QUESTION/COMMENTS ================ We are building a mobile home empire. Is it better to go all in on real estate or continue to put money into my 401k/457 (Alejandra) Is this year or next year better to convert a SEP IRA to a Roth (Andrew) With the uncertainty of student loan forgiveness, is it better to wait and see what the administration does or just pay them off now (General Kinobi) ================ TOPICS ================ Travel Alert: What a world wide cruise could cost you. Fun Facts: Cardiac Sweepstakes ================ ENCORE ================ Find out your Risk Number: https://rockstarfinancialplanning.com/risk-number/ Get your questions answered on the show: https://GoAskScott.com

What The 'Experts' Say About Risk (THE GAMBLER)

Andrew has a product he's seen on Facebook and wonders if it's too good to be true? What are the filters you can use to determine if something is a good deal for your financial future or if it's something that's just going to be a big fat loser for your wallet. ================ LISTENER QUESTION/COMMENTS ================ Is it better to start converting some of my 401k money to Roth 401k money now (Dan, New Hampsha) How do I get my wife and I on the same page when it comes to investing (Ned Flanders, Springfield) I got a new higher paying job and am wondering what should I do with the extra $400-$500 a month in free cash (Barb) ================ TOPICS ================ RED ALERT WARNING: Capital One, Property Brothers, what are they pitching to unsuspecting consumers? ================ ENCORE ================ Coming soon: https://rockstarfinancialplanning.com/optimize-401k Get your questions answered on the show: https://GoAskScott.com

The Secrets To Not Losing Money (LOSER)

Is there a difference between how much risk someone thinks they can take vs. how much risk science shows they really would be willing to take? And if so, how does that impact your strategy for financial security? ================ LISTENER QUESTION/COMMENTS ================ Do you have any retirement advice for someone who may not be able to enjoy 30 years of retirement but maybe only 10 because of health issues (Reese) Does it ever make sense to bet the farm if there is plenty of time to recover (Tobias) ================ TOPICS ================ RED ALERT WARNING: The financial pirates are at it again with their stocking picking double talk. Robin Hood is fined a Happy Meal for causing widespread harm to investors. ================ ENCORE ================ Coming soon: https://rockstarfinancialplanning.com/optimize-401k Get your questions answered on the show: https://GoAskScott.com

What To Do With All Those Gains? (WHEN WORLD'S COLLIDE)

Scott Alan Turner is a former money moron, living the paycheck-to-paycheck lifestyle, losing $40k following bad investment advice, and racking up a load of credit card debt. But by age 35, he turned it all around and became a self-made millionaire. In a world of get-rich-quick schemes, biased advice, and financial Pied Pipers, Scott’s authentic, no-holds-bared approach makes it possible for anyone to absolutely rock their personal finances. Scott is on a mad mission to help you get financial independence, ultimate happiness and a life full of awesome experiences. With his rebel style, off-beat humor, and signature life-on-your-own-terms approach, Scott’s inspiring a movement of Financial Rock Stars across the globe. Join Scott at www.scottalanturner.com

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The Scott Alan Turner Show

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