Paychecks & Balances | Personal Finance & Career Advice for Millennials

Today on Paychecks & Balances, we freestyle! This episode is all about entering back into the job search world and the trials and tribulations that come with that. Both of us decided recently to make a career shift and today we share our stories with you. Whatever your case may be: whether your current role isn’t a good fit, you want to pivot in your career, or need to feel truly challenged, the first step is putting yourself out there. And that’s terrifying! But with a little preparation, realistic expectations and unbreakable stride, this job search could have you become a stronger, more confident version of yourself. In this episode, we discuss the advantages of “internal mobility” within a company, how you can prepare aggressively for your next job interview and what happens when things don’t go according to plan during a job search.   Highlights:   Using everything to your advantage during a job search The pros of internal mobility Cover letter tips and key points to focus on LinkedIn Learning Courses Prepare 10x for your next interview/ skip the mock interview Seeking that sensation of “truly feeling challenged” Challenging the perception of yourself The differing perspectives on job happiness   Key Takeaway: Getting clear about why you want a new job or that career change is critical when entering the great unknown of job searching. Luckily, passion and preparation are two major assets you can arm yourself with when beginning this journey.   Paychecks & Balances Website:      

Kitty and Piggy of Bitches Get Riches join the P&B family today. Kitty and Piggy are anonymous financial bloggers whose aim is to guide young people through their financial hurdles and careers. They do this through their fun, unique blend of sass, comedy and bluntness. The driving force behind their wildly successful blog is their longtime friendship. Kitty and Piggy met as college roommates over a decade ago.   In this episode you’ll hear both the girls stories about what got them interested in talking to Millennials about money and careers. They touch on their upbringing, working in corporate America, paying off debt via a side hustle, their views on retirement and why adulting is so different for Millennials.   Highlights: Immediately standing out from the crowd when blogging Being asked to lend your parents money, as a child Using a side hustle to pay down debt Retiring to create and put things out into the world, not to just stop working The flaws of online retirement calculators Accepting the first job offer you get out of college, while continuing to look for the RIGHT job The rules to adulting as a millennial Imposter Syndrome   Key Takeaway: Determine your values and priorities. These will help guide you through your career and financial decisions.   Paychecks & Balances Website:    

Chris Hogan, author of Everyday Millionaires  and creator of The Chris Hogan Show is on the podcast today. Chris started his career in the banking industry and now travels around the country talking to people about money, leadership and business. He’s been a part of Dave Ramsey’s, Ramsey Solutions for 14 years. Chris’s passion is educating individuals and families on how to take control of their money so they can take the necessary steps to pave the way for their dreams and leave a legacy.  In this episode you’ll hear what Chris and his team learned from surveying 10,000 U.S Millionaires, as well as why he believes that the American Dream is still alive. Chris understands that regardless of your background, with the right education, belief, and action steps you can set yourself up to be financially secure and to potentially be an everyday millionaire.   Highlights: The transferrable skills from sports to business Leaving a legacy for your family, customers and community Most millionaires aren’t trust fund babies, they worked hard and stuck to a plan for years Top millionaire professions: Engineers, Accountants and surprisingly, Teachers The 3 steps to your millionaire path: Belief, Knowledge and Action Giving yourself a raise by getting out of debt The Debt Snowball Effect Investing is paramount to become a millionaire Investing based on your risk tolerance   Key Takeaway: Start looking for an investment professional to help you with your finances as soon as you’re aware that you have dreams and goals that you want to accomplish. Sit down with someone so they can look at where you’re at and layout a plan to help you get there. You can begin investing with a few hundred dollars.   Paychecks & Balances Website:            

Tracy Timm is on the show today. As a lover of deep conversations and personal connections, Tracy created her own company to help people find or create work that takes advantage of their own unique genius, rather than settling for a job and a life they dread. Her goal is to get you back to the basics of who you are, what you value and what you excel at. Tracy does this through the unique program she designed, which helps you determine the non-negotiable aspects of your life, by focusing on your “now”, your “nature” and your “nurture”. Your “now”, being your current circumstances, your “nature”, being what you’re naturally good at and your nurture, the things or skills you’ve developed over the course of your career. Once a person clarifies these things, they can be in the driver seat and confidentially make decisions to steer themselves in the direction they want. With a little bit of guidance you too can start taking control of your destiny and stop allowing life to happen to you. In this episode Tracy covers her early years through her college experience and first big job on Wall Street. All these were pivotal things that motivated her to birth her own company.   Highlights: Checking all the boxes of an over achiever Life on Wall Street The self-realizations during a semester at sea Test driving your career assumptions in minimum viable ways Quarter life crisis’s The risk of quitting your current job and taking the first new opportunity that comes your way, rather than leveraging your skill set When you don’t have clarity you can’t confidently make decisions Knowing your core values Your now, your nature and your nurture   Key Takeaway: The time is now. If you’re looking for a sign that you need to make a change, the sign IS the sign. Start today and begin taking control of your career and the direction you want to take your life.   Paychecks & Balances Website:        

Tony Bradshaw, author of The Millionaire Choice is on the show today. He’s going to be talking to the good people of P&B about how to break out of the cycle of poor money habits and patterns that a lot of us learned growing up. Tony grew up in a lower income neighborhood in Nashville, Tn. Bills were paid late, utilities were often cut off and his family bounced plenty of checks. By the time Tony hit his mid 20’s he realized he was repeating his families cycle of financial mismanagement. Recognizing that something needed to change, he set out to learn how to handle money the correct way. Since then he’s made it his life’s mission to help people and families create a better life. Tony aspires to create a movement of financially educated and wealthy people who will make it their mission to fight poverty and help those in need across America and the world. He calls it The Millionaire’s Manifesto. In today’s episode we discuss how you can break out of the financial patterns you’ve learned by using your free time to educate yourself about money, to begin the shift needed to change your behavior.   Highlights: Money goals are simply a math problem The benefits of working for Dave Ramsey Learning financial patterns from our parents Appreciation vs depreciation Accelerating your debt payments Acquiring equity in a home Investing in yourself during your free time The psychology behind breaking out of old patterns Your network, largely determines your financial success   Key Takeaway: All of us have choices in life. We can choose to make better decisions surrounding money with a little education, effort and patience.   Paychecks & Balances Website: