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Money Tree Investing

Cash Flow Cookbook with Gordon Stein

Money Tree Investing

Money Tree Investing Podcast

Stockmarket, Valuestocks, Investing, Finance, Passiveincome, Wealth, Business, Personalfinance

4.6658 Ratings

🗓️ 21 July 2023

⏱️ 52 minutes

🧾️ Download transcript

Summary

Worried about the economy, high inflation, higher cost of goods and services and stagnant wages? This is the episode for you. Cash flow is the lifeblood of any company of household budget. We discuss how you can improve your cash flow and set yourself up for success.

For more information, visit the show notes at https://moneytreepodcast.com/cash-flow-cookbook-gordon-stein

Today's Panelists:

 

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Transcript

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0:00.0

Welcome to the Money Tree Investing Podcast.

0:04.0

Stock market, wealth, personal finance, value stocks, invest in your life.

0:10.0

Hello, Smart Money Tree Podcasts listeners. Welcome to this week's show. My name is Kurt Chisholm and I will be your host.

0:16.0

So today I'm joined with Gordon Stein. How are you doing it, Gordon?

0:20.0

You're great. Thanks so much, Kirk. Good. Well, glad you having the show. So I wanted joined with Gordon Stein. How are you doing day Gordon? when you go into recessions, it's really good to understand your costs. And so we wanted to talk

0:38.4

a little bit about budgeting this week. So we want to bring on Gordon because Gordon has some

0:42.0

great tips here for people to talk about how they can get their household finance in order.

0:46.9

So Gordon, can you tell us a bit about your background? I was in high tech sales marketing operations

0:51.2

for a lot of years, but always interested in personal finance.

0:54.7

And I found a lot of my people who reported to me struggling with their money, they'd say,

0:59.1

how do you get ahead, et cetera? So I had this idea in my head. And then I found a way to get car

1:04.7

washes for free, crazy as that sounds, didn't save a lot of money, $25 a month. But then I found

1:10.1

a way to save on my home alarm monitoring.

1:12.4

And I started getting curious about this.

1:14.8

What else is there?

1:15.7

How do you free up more cash flow, minimal effort, minimal sacrifice?

1:19.6

So the ideas got gathered up.

1:21.3

They became a list.

1:22.7

And then they became a spreadsheet.

1:24.4

Hey, how much, what's the future value?

1:26.4

What if you had all these savings?

1:27.7

What could they amount to if you could invest this freed up money? And so it was millions of

...

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