Todd's Blog

Real Change from the Young Money U Tour

Uncategorized Oct 31, 2019
 

I've been asked by many the last few weeks how the Young Money University fall 2019 speaking tour has been going.   My answer is "fantastic and maybe the best ever".   

Can't believe I've presented on 700+ campuses in 42 states over the last ten years. 

We continue to be grateful for the tour sponsorship from Mountain America Credit Union  in the states of AZ, ID and UT.  Mountain America  has an aligned mission with our company and wonderful leadership top to bottom.  I'm a big fan of credit unions. 

Watch the short video with Johnny.  He's a mid 20's grad student at BYU who's heard me speak five times (yes five) over the last couple of years.  

He's one of many taking action on the simple yet powerful 5 steps to financial success platform that I speak from. 

With the holiday season and 2020 around the corner we'd love to help you do money differently and have a new belief about your future.   

Be sure...

Continue Reading...

Break the Chains of Poverty

Uncategorized Oct 28, 2019
 

A couple of weeks ago a friend of mine invited me to attend a University of Cincinnati football game against 15th ranked University of Central Florida.  The game was on ESPN and the atmosphere had tremendous buzz.  A parachutist held a large American flag all the way down to his landing on the field immediately after the singing of the national anthem.   This added to the feverish buzz and applause of 35,000+ fans in attendance. 

Less than 30 minutes into the game I was introduced to one of the pre-game parachutists and he asked me what I did for a living.  He broke into a big smile after telling him I teach younger generations to do money differently including how to invest.   He shared that he meets with a few inner city teenagers once a week to teach them how to save and invest.   I returned a big smile.

He firmly believes that teaching saving and investing to the marginalized will reduce poverty across this country.  I...

Continue Reading...

Investing in Stocks is Not Scary (Just the Opposite)

Uncategorized Oct 14, 2019
 
Continue Reading...

Ditch Financial Literacy

Uncategorized Oct 08, 2019
 
Few people are going to show up for a financial literacy workshop or take an online financial literacy course.   That sounds like a job, work and frankly not fun at all.   It may also give people the impression that they're not smart (illiterate) which also is a big "no thank you".  
 
Rather, people (young and old) are likely going to respond to words like "financial success" in any product, service or free workshop aimed at helping them reach personal goals and dreams.   
 
Cuz we're all wired to want to be "successful" at something.  
 
Along this line, if you're tired of doing money your way and looking for something super relevant and actionable check out what we're doing.
 
We're continuing to help people like Cole, Emily, LeAndre, and Brian all across the country (just to name a few) get on real money system so they can begin living life differently which is super fun. 
 
Here to help...
Continue Reading...

A New Way to Look at FEAR

Uncategorized Oct 03, 2019
 

In this week's video post I share my thoughts on how to overcome a lot of unfounded fear in our lives.

What does overcoming fear have to do with financial success and living a life that fits your dreams? EVERYTHING!

Take a listen and see if this resonates with you.

And by the way, if you have not checked out the launch of our new digital trainings from Young Money University at www.youngmoneyuniversity.com I think you're going to like what you see.

All about helping you DO MONEY DIFFERENTLY.

Continue Reading...

Financial Success is a Choice

Uncategorized Jul 10, 2019

It continues to be a great privilege to teach and coach thousands of millennials the fundamental components to achieving financial success over time. Near the end of my presentation, when I see my 5 Step Plan really sinking in, I then ask the audience this question: “Now, what is the only thing that can get in the way of you achieving long term financial success ?” The answer I hear is a resounding “ME”.

It can be natural and tempting sometimes to believe that external elements like the economy, the economic condition of your parents, the job market, your perceived intelligence, etc determine your financial future. But none of those circumstances or perceptions have anything to do with achieving long term success with money.

Financial success is a choice. It’s your choice. And it starts with being willing to reprogram your mind to start thinking about and seeing money differently. For nearly all millennials you have a great opportunity to put the brakes...

Continue Reading...

The Raw Formula to Financial Success – Keep and Grow More of What You Earn

In 1996, Thomas J. Stanley and William D. Danko authored the book Millionaire Next Door. The title evoked much interest as it shared common behaviors of the wealthy that surprised many people. Through their research, they found most millionaires are not living in huge homes, driving super fancy cars or wearing $5,000 watches.

Rather, many millionaires live in modest homes, drive mid-priced cars and take simple steps to keep and grow more of the money they earn rather than focus on spending.

 

Keep and Grow Your Money

It’s no wonder when I speak that many older adults will come up to me afterward and say, “If I could go back in time to my 20’s I would do money so differently.” They tell me about their wish to have spent less money and saved and invested more. I get this same story everywhere I go.

The great news now is that you can achieve long term financial success by switching your focus to keeping and growing more of what you earn. It requires a...

Continue Reading...

Acorns Investing Platform: A Game and Life Changer

acorns investing Jun 26, 2019

You have to love game-changing technologies and ideas (ie..Uber, Lyft, AirBnB, Venmo, etc.) that can turn an industry upside down or just make one’s life more simple. One such game changer is the Acorns investing app. This relatively new micro investing platform enables you to begin investing with spare change to create wealth over time. Yes, spare change!

By simply attaching your debit or credit card to the Acorns investing app, any purchase you make on coffee or on Amazon will be rounded up to the next whole dollar. Your “round-up change” will be invested automatically for you into one of five investment portfolios. These portfolios are managed by a few of the top investment management companies in the U.S. And you can make additional automatic recurring investments every week or month as well. Just like I have been teaching for years. How cool is that?

So many millennials want to invest and know they should invest, but are afraid to do so because of the lack of...

Continue Reading...

Traditional Financial Literacy Stinks!

financial literacy Jun 19, 2019

The term “financial literacy” slowly came on to the scene about 15 years ago. Before that there was little discussion about the need for financial literacy for today’s youth, millennials or the general population at large. Man, have things changed.

Since that time there’s been billions of dollars spent on financial literacy efforts by non-profits, financial institutions and government entities. All well-intended but with little change in financial behavior.

 

The ROI is not there because traditional financial literacy is missing the mark big time.

Traditional financial literacy is boring. The two words “financial literacy” are two words that should never go together. It sounds like and is education. There’s a big emphasis on credit scores, APR’s (annual percentage rates), budgeting and how to be a good spender. Today’s financial literacy is a cause for yawning, leaving a workshop early or not showing up at all.

...

Continue Reading...
Close

Subscribe to Young Money University for FREE to Receive: 

• First chapter of the YMU Planner
• (short eBook) YMU Ultimate Guide to Getting Started with Investing 
• Fresh and weekly content from Todd