FU Money

Hosted by Hugh Carnahan

Business Investing

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Episodes

Latest episode

Aug 2024

Language

EN-US

About the show

Welcome to the FU (Finances Under-Control) Money Podcast! The podcast that turns your blue-collar, and normal person hustle into financial muscle! Each episode, we dive deep into the world of everyday folks, just like you, who have cracked the code to financial independence through actionable and direct strategies. Forget the complex jargon and unreachable advice; our show is all about real-life examples and straightforward tips that you can start using today. From budgeting basics to investment secrets for the average Joe and Jane, we cover it all with ease and a dash of humor. Whether you're clocking in 9-to-5, juggling multiple gigs, or just looking to make your hard-earned money work harder for you, 'FU Money' is your go-to guide to living a life free of financial worry. Tune in, turn up your financial IQ, and start your journey to financial freedom with the support of a community that truly gets it. Because here, we believe financial independence isn't just for the wealthy—it's for the workers, the dreamers, and the doers. Welcome aboard! If you want to submit questions or come on the show, reach out to us at fumoney@hughcarnahan.com

Listen to episodes

14 recent

August 24, 2024Episode 1432 min

What You Need to Know about 401k | Ep 14

What You Need to Know about 401k | Ep 14 Are you ready to unlock the full potential of your 401k? In this video, we dive deep into expert strategies that will help you manage and grow your retirement savings effectively. From understanding employer matching to simplifying rollovers and making tax-free investments, we've got you covered. This video breaks down complex financial concepts into easy-to-understand tips and practical advice, so you can make informed decisions about your 401k. Learn how to avoid common pitfalls, borrow against your 401k without penalties, and set yourself up for a secure financial future. Don't miss out on these crucial insights to help you achieve financial independence! If you found this episode helpful, hit the like button, and share it with your friends and family. Podcast Link: hughcarnahan.com/podcast 🧰Free Lean Resources, Templates and Graphics! http://hughcarnahan.com/resources My website: www.hughcarnahan.com

August 10, 2024Episode 1330 min

How to Stop Paying Unnecessary Bank Fees | Ep 13

How to Stop Paying Unnecessary Bank Fees | Ep 13 In this episode, we're diving deep into practical tips and strategies to avoid unnecessary bank fees. From working with local banks to building relationships with your banker, we cover everything you need to know to keep more money in your pocket. Learn how to negotiate fees, set up triggers to avoid penalties and smart ways to manage your finances. Don't let banks take advantage of you—empower yourself with these insider tips! Don't miss this opportunity to transform your financial future. Tune in to learn how to make the most of your banking experience and keep those pesky fees at bay! If you found this episode helpful, hit the like button, and share it with your friends and family. Podcast Link: hughcarnahan.com/podcast 🧰Free Lean Resources, Templates and Graphics! http://hughcarnahan.com/resources My website: www.hughcarnahan.com

July 31, 2024Episode 1246 min

How Good Debt Can Make You a Millionaire | House Hacking 101 | Ep 12

How Good Debt Can Make You a Millionaire | House Hacking 101 | Ep 12 Discover the powerful concept of good debt and how it can be a game-changer for your financial journey. In this episode, we dive deep into understanding the difference between good and bad debt, the benefits of leveraging good debt, and practical strategies to use debt to build wealth. Whether you're new to investing or looking to refine your financial strategies, this episode provides essential insights and tips to help you achieve financial success. 🔔 Take advantage of these crucial insights to help you achieve financial independence! If you found this episode helpful, hit the like button, and share it with your friends and family. Podcast Link: hughcarnahan.com/podcast 🧰Free Lean Resources, Templates and Graphics! http://hughcarnahan.com/resources My website: www.hughcarnahan.com

July 20, 2024Episode 1032 min

401k Hacks | How to Invest Like a Pro | Ep 10

401k Hacks | How to Invest Like a Pro | Ep 10 Unlock the secrets to maximizing your retirement savings with expert tips on 401k, 403b, and TSP accounts! In this episode, we dive deep into the best investment strategies, comparing top funds like VTSAX, VTI, and FZROX. Learn how to avoid high expense ratios, understand the power of compound interest, and discover the benefits of borrowing against your 401k without penalties. Whether you're just starting or looking to optimize your existing portfolio, this video has everything you need to achieve financial independence. Don't miss out on these crucial insights to help you achieve financial independence! If you found this episode helpful, hit the like button, and share it with your friends and family. Podcast Link: hughcarnahan.com/podcast 🧰Free Lean Resources, Templates and Graphics! http://hughcarnahan.com/resources My website: www.hughcarnahan.com

July 13, 2024Episode 931 min

How to Avoid Bank Fees? | Pro Banking Tips and Tricks | Ep 9

How to Avoid Bank Fees? | Pro Banking Tips and Tricks | Ep 9 In this episode of the FU Money Podcast, we're diving into some essential tips and tricks to help you save money and avoid unnecessary banking fees. From leveraging local banks to building strong relationships with your bankers, we share actionable advice to keep more of your hard-earned money in your pocket. Whether you're dealing with minimum balance requirements or navigating fee reimbursements, we've got you covered with expert insights and real-life examples. Don't miss this opportunity to transform your financial future. Tune in to learn how to make the most of your banking experience and keep those pesky fees at bay! If you found this episode helpful, hit the like button, and share it with your friends and family. Podcast Link: hughcarnahan.com/podcast 🧰Free Lean Resources, Templates and Graphics! http://hughcarnahan.com/resources My website: www.hughcarnahan.com

June 28, 2024Episode 956 min

The #1 Reason You Need an Emergency Savings – And How to Build It Fast! | Ep 11

The #1 Reason You Need an Emergency Savings – And How to Build It Fast! | Ep 11 The #1 Reason You Need an Emergency Savings – And How to Build It Fast! | Ep 11 Unlock the secrets to financial stability with our ultimate guide to emergency savings! In this video, we dive deep into why having an emergency fund is crucial, how to build one quickly, and the incredible benefits it brings. Don't wait until it's too late – learn how to protect yourself from financial disasters and achieve peace of mind. Whether starting from scratch or looking to optimize your savings strategy, this video is packed with valuable insights and practical tips. Plus, we'll share personal stories and expert advice to help you on your journey to financial freedom. Hit that subscribe button and turn on notifications so you never miss out on our latest content! Podcast Link: hughcarnahan.com/podcast 🧰Free Lean Resources, Templates and Graphics! http://hughcarnahan.com/resources My website: www.hughcarnahan.com Timestamps: 00:00 - Introduction 02:35 - Dave Ramsey's Approach 06:45 - Building Your Emergency Fund 09:20 - Common Mistakes with Emergency Savings 10:47 - Managing Emergency Reserves Wisely 15:52 - Investor Mindset 16:00 - Expert Tips for Growing Your Savings Faster 18:45 - Emergency Fund Hacks 22:49 - The Role of Emergency Savings 25:00 - Real-Life Examples 28:00 - Outro

June 22, 2024Episode 833 min

How to Build an Emergency Fund for Real Estate Investing | Ep 8

How to Build an Emergency Fund for Real Estate Investing | Ep 8 This step-by-step guide breaks down the process of building a robust emergency fund tailored for real estate investors. Learn from our personal experiences, discover key strategies, and understand the importance of having a financial safety net to protect your investments. Whether you're new to real estate or looking to improve your financial security, this video provides practical advice to help you build and maintain your emergency fund with confidence. Don't miss this opportunity to transform your financial future. Tune in now and start your journey to financial freedom! Hit the like button if you found this episode helpful, and share it with your friends and family. Podcast Link: hughcarnahan.com/podcast 🧰Free Lean Resources, Templates and Graphics! http://hughcarnahan.com/resources My website: www.hughcarnahan.com

May 23, 2024Episode 756 min

How to Grow Your Savings | Wealth Building 101 | Ep 7

How to Grow Your Savings | Wealth Building 101 | Ep 7 In this video, we dive deep into the importance of savings and investing for financial stability and wealth building. We discuss the pitfalls of not having a savings plan, relying on a single "big bucket" of money, and the impact it can have on your financial future. Throughout the video, we debunk common misconceptions about savings and investing, showing that anyone, regardless of their financial background, can achieve financial success through discipline, consistency, and a commitment to learning. Don't miss this opportunity to transform your financial future. Tune in now and start your journey to financial freedom! Hit the like button if you found this episode helpful, and share it with your friends and family. Podcast Link: hughcarnahan.com/podcast My website: www.hughcarnahan.com Timestamps: 00:00 - Introduction 00:39 - Setting Financial Goals 01:47 - Understanding the Importance of Savings 04:07 - Differentiating Between Saving and Investing 05:29 - The Concept of "Buckets" for Money Management 08:55 - Importance of Creating Multiple "Little Buckets" 19:32 - Compounding Knowledge and Catching Up 21:43 - Financial Fundamentals 23:40 - Building Wealth through Intentional Saving 26:10 - Using a Checking Account as a "Big Bucket" 28:37 - Transitioning from One Big Bucket to Many Little Buckets 38:59 - The Strategy of Intentional Savings 41:18 - The Safety Net of an Emergency Fund 46:53 - Overcoming Financial Insecurity 51:59 - The Ideal Amount to Start Investing 53:07 - Understanding the Need for Financial Preparedness 56:16 - Outro

May 14, 2024Episode 645 min

How to Achieve Financial Freedom Using The Pay Yourself First Method | Ep. 6

How to Achieve Financial Freedom Using The Pay Yourself First Method | Ep. 6 Welcome to our latest podcast episode! In this insightful session, we dive into the essential concept of "pay yourself first" and how it can transform your financial future. Have you ever wondered how some people seem to effortlessly build wealth while others struggle to make ends meet? It all comes down to priorities, and "pay yourself first" is the golden rule of wealth creation. Ready to take control of your financial future? Subscribe to our channel for more valuable tips and insights on wealth creation. Hit the like button if you found this episode helpful, and share it with your friends and family. Podcast Link: hughcarnahan.com/podcast 🧰Free Lean Resources, Templates and Graphics! http://hughcarnahan.com/resources My website: www.hughcarnahan.com Timestamps: 00:00 - Introduction 06:53 - Pay Yourself First 09:23 - Small plate theory analogy 13:04 - Discussion on choosing to be wealthy 26:22 - The "fun money account" concept. 30:27 - Percentage-based budgeting. 32:46 - Automation in financial management. 34:46 - The importance of automation in financial management. 38:46 - The topic of debt and its relationship to financial systems. 41:25 - The importance of scaling spending with income. 42:49 - Aligning spending with shared family values. 43:01 - The concept of weekly money dates. 45:00 - Outro

May 7, 2024Episode 559 min

Fastest Way to Financial Freedom by Military Veteran David Pere @Frommilitarytomillionaire | Episode 5

Fastest Way to Financial Freedom by Military Veteran David Pere @Frommilitarytomillionaire | Episode 5 In this episode of the FU Money Podcast, join us with Dave Pere @Frommilitarytomillionaire a military veteran who has cracked the code to financial freedom through strategic use of military benefits. Don't miss this eye-opening discussion on how military benefits can pave the way to financial freedom! Subscribe for more insights and practical tips on mastering your money and building wealth. Podcast Link: hughcarnahan.com/podcast 🧰Free Lean Resources, Templates and Graphics! http://hughcarnahan.com/resources My website: www.hughcarnahan.com Timestamp 00:00 - Introduction 01:12 - Overcoming Financial Roadblocks 04:58 - Maximizing VA Loan Benefits 09:36 - The Power of House Hacking 17:29 - Building Equity Through Real Estate 22:10 - The Intangibles of Landlording 26:05 - Overcoming Financial Regrets 29:43 - The Importance of Time in Wealth Building 41:10 - Planning for the Future with Trusts 44:30 - The Fear of Financial Scarcity 49:15 - Tips for Tracking Spending and Saving 52:30 - The Value of Efficiency in Work 56:25 - Finding Financial Freedom as a Veteran 58:07 - Choose Your Mentors Wisely 58:40 - Outro