Go Figure: Get Your Money Right!

022: How to Make a Fortune in the American Finance System!

In this podcast, the hosts discuss how to make a fortune in the American finance system. The US finance system is unique in the world, and the hosts explain what makes it so special.

One of the unique features of the US finance system is that consumers and businesses can borrow money more easily than in other countries. This is due to the availability of credit and the legal framework that supports lending.

The hosts provide advice on how to use the US finance system to make a fortune in finance. They explain that the best way to do this is to harness the system's strengths and take advantage of the opportunities that it presents.

The hosts also discuss how regulation improves the US system of finance. While some people view regulation as a burden, the hosts argue that it is necessary to maintain stability and fairness in the finance system. Regulation also allows for entrepreneurs to create some of the top tech in the world.

Finally, the hosts explain how the dominance of the US dollar helps maintain the finance system. Because the US dollar is the world's reserve currency, it is widely accepted and trusted, which gives the US finance system an advantage over other systems.

021: BIGGEST Misconceptions about Finances from CHAT GPT!

In this episode, we debunk some common misconceptions about finances from ChatGPT. Firstly, people often believe they need a lot of money to invest, but this is not true. Anyone can start investing regardless of their income level. Secondly, renting is not necessarily throwing away money, as owning a home comes with additional expenses. Thirdly, credit cards can be beneficial if used responsibly. Fourthly, you don't need to be a financial expert to manage your finances, as there are many free resources available. Fifthly, investing is not necessarily too risky, as there are low-risk options such as index funds. Sixthly, having a high income does not guarantee financial security, as it's important to manage expenses and save money. Seventhly, being debt-free is not enough for financial security, as it's essential to have a well-rounded financial plan that includes savings and investments. Finally, it's important to have an emergency fund to cover unexpected expenses, regardless of employment status.

020: How the ERC is Making Fortunes in 2023!

In this podcast, the hosts introduce the Employee Retention Credit (ERC), which is a program that allows small business owners to receive tax credits for retaining employees during the pandemic. The hosts share that one person made $50,000 on one ERC deal, and emphasizes the potential for making a fortune with this program while helping small business owners.

Our guest is Dave Walke, and we cover various topics related to the ERC, including the types of businesses that qualify, the extended filing timeframe, and the differences between PPP and ERC. The hosts also discuss the limitations of ERC and the steps needed to remain in compliance, including the types of documentation required.

Additionally, the podcast addresses some common misconceptions about the ERC program. We talk about how partial shutdowns can affect eligibility for the ERC and offers advice for those interested in participating in the program.

Finally, the podcast addresses whether non-profits qualify for the ERC. Overall, the podcast provides a comprehensive overview of the ERC and offers valuable information for those interested in learning more about this program.

019: CREDIT SECRETS - How Your Credit Score is Calculated!

In this episode, the hosts discuss the topic of credit scores, starting with how they are calculated and the five main drivers that influence them. They also share their own experiences of how understanding credit helped them build an 8-figure empire. The conversation covers various topics such as good and bad credit, buying a home, the car loan industry, school loans, starting a business, dating with credit, and schools failing to teach finance. The hosts then dive deeper into the five main factors that affect credit scores: payment history, credit utilization, credit age, loans, cards, mortgages, etc., and new accounts/inquiries. Finally, the episode wraps up with a brief discussion on the Superbowl. The hosts believe that by applying the credit secrets they've shared, listeners can keep their credit score high for the rest of their lives.

018: 5 Steps to Becoming FUNDABLE in 2023 (Businesses & Individuals)

The podcast covers 5 steps for becoming fundable in 2023 as a business or individual. The first step discussed is the importance of having a good credit and the nature of inquiries. The podcast then goes on to discuss financing options such as auto loans and business credit, and debunks some common misconceptions about business credit. The importance of having verifiable income is also emphasized, as well as the use of sales funnels and revolving credit cards. The podcast concludes with the hosts sharing their personal story and promoting the website Myfigures.com. A brief mention is also made about a Super Bowl bet.

017: Elon Help Us! 5 Steps to Making Pitch Decks Like Elon Musk!

In today's episode, the hosts delve into several important topics related to money, mindset, freedom, family, and sports. First, they provide a comprehensive guide to creating pitch decks like Elon Musk, sharing five key steps to help listeners make successful presentations. They then discuss the importance of having the right mindset when it comes to wealth creation and emphasize that hard work alone won't make you rich. The episode also covers the top 10 freest places to start a business, making it an invaluable resource for entrepreneurs. The hosts then turn their attention to family, discussing what parents need to teach their children about money, credit, and finance. Finally, the Pro Bowl event is the focus of the sports segment, as the hosts discuss its good, bad, and ugly aspects, providing an insightful analysis of the event.

016: Mark Cuban Says Only Morons Start a Business On a Loan... Right or Wrong?!

In this episode, we dive into the topic of money and explore the controversial statement made by Mark Cuban that only "morons start a business on a loan." We'll examine the pros and cons of this statement and ask whether he's right or wrong.

Next, we turn our attention to the concept of freedom and its impact on economies. We'll discuss which states have experienced better economies due to increased freedom and analyze the data to see if there's a correlation.

Sports fans, don't worry, we've got you covered too! We'll recap the key takeaways from Championship Sunday's games between the 49ers vs Eagles and the Chiefs vs Bengals.

Lastly, we'll delve into the issue of rising grocery prices and the impact of inflation. Despite the overall easing of inflation, many families are still feeling the pinch at the grocery store. We'll discuss what's driving these prices up and what can be done to ease the burden on households.

015: Why Do 60% of Small Business Owners Lose Money?!

In this episode of the podcast, we'll delve into the world of money and find out who really pays for your credit card rewards. We'll also explore the concept of mastery and why only 40% of small businesses are profitable. The topic of family is also on the table as we discuss why every entrepreneur needs a supportive spouse to succeed. For sports fans, we've got you covered with our NFL Championship Sunday picks, including the Chiefs vs Bengals and Eagles vs 49ers games. Finally, we'll dive into the mindset behind why employees get fired.