Tom Joyner Listeners – Get Your Two Free Chapters HERE!

secure-launch-screen

Yes, you need a side hustle! Here’s how to start one.

Thanks for listening to our Money Monday segment on the Tom Joyner Morning Show!

If you’re ready to learn why it’s important to have a side hustle and how you can start one, I’ve got two free chapters for you from my new book  Secure the Bag: Create the life you desire by managing your money like you mean it. 

Make today the day that you stop saying what you’re “going to do” and start doing it.

It’s time to Secure the Bag.

Get your two free chapters HERE.

Let’s get to work.

I wrote a book! (seriously!)

secure-launch-screen

I wrote a book! (seriously!)

I promise you, it’s not an April Fool’s joke! I sat down and wrote an actual book because I feel that the topic is so important.

I mean, have you ever seen the show The Walking Dead? Have you noticed how the zombies just wander around aimlessely with no destination in mind (they are deal after all) and how they get thrown off their path very easily?

Well, I’ve seen may people do just that, but in real life. I call them the walking broke. They have no idea what they’re trying to accomplish, financially. They have no clue on how much money they need to save in order to have a comfortable retirement.

A lot of them don’t even know where the 401k from their old job is, or how much money is in it!

Any of those things sound familiar?

Look, it’s time to put an end to that type of financial management.

You are solely responsible for your own financial wellbeing and that of your family.

It’s time that you started acting like it.

If you agree with me, then you’re in luck, because that’s exactly why I wrote Secure the Bag: Create the life you desire by managing your money like you mean it

I want to help you take responsibilty for building the kind of wealth that you and your family deserve. In the book, I show you how to do it, step by step.

Let’s Discuss!

It doesn’t matter whether you’re making six figures, but don’t have much to show for it just yet, or if you’re trying to climb out from underneath a mountain of student debt. I’ve got strategies and techniques that will help you if you’re in either situation…or both.

Ready to get serious about your money? Go ahead and grab your copy here.

Make today the day that you stop saying what you’re “going to do” and start doing it.

It’s time to Secure the Bag.

Let’s get to work.

Talking Trump and Stock Market Volatility with Smerconish on CNN

email_smerconish_cover

The President has pegged a lot of his success to the strength of the stock market? Yet, the stock market hasn’t been so strong lately. Now what?

Though the stock market has been very strong since it bottomed in 2009, (the Dow nearly tripled under President Obama and the Nasdaq nearly quadrupled), the market has fallen swiftly and dramatically since early October.

What might be the reasons for this and what should you do to protect yourself?

I had the exciting opportunity to share my thoughts with an international audience on the Michael Smerconish Show on CNN, where we talked about the connection between Washington foolishness and Wall Street fear.

Check out the video above for my thoughts why the markets are suddenly falling and my tips on what you should do not to protect your portfolio.

Talking Trump, Tariffs and the Economy on CNN Newsroom

Rob-Wilson-on-CNN-Newsroom-Fredricka-Whitfield-Stephen-Moore-Trump-Tariff

The President plans to levy tariffs on steel and aluminum, even though tariffs have previously been proven ineffective. So what’s really going on?

Look, there is perhaps no other place that has been hit harder by the decline of the steel industry than Pittsburgh and its surrounding areas.

And to be clear, I’m as Pittsburgh as it gets. I was born and raised there. I got my engineering degree from the University of Pittsburgh and my MBA from Carnegie Mellon. I built my business there. Our football team, and the best football team on the planet, is called the Steelers.

So I get it.

I’d love for my friends, family and neighbors to take care of themselves and their families with good, blue collar jobs in the area. But the reality is, most of those jobs aren’t coming back.

Yet, Pittsburgh has flourished because it decided to stop trying to hold on to the economy of the past, and made an intentional shift toward the economy of today and tomorrow by putting a focus on eds, meds and high technology.

Which is why the tariffs seem so misguided, since tariffs in general don’t work, and more specifically won’t do much to change the landscape of the steel industry in this country.

But the President has made empty promises like this before. He stood in front of a bunch on worried workers at a Carrier plant in Indiana, and insisted that he had “saved their jobs” by negotiationg a deal with the company. Then, Carrier STILL shipped the jobs to Mexico that it had planned to send there and it also took millions of dollars in handouts from the state.

Is that the art of the deal?

Why is Britain affecting US markets?

I had the exciting opportunity to share my thoughts with an international audience on CNN Newsroom with Fredricka Whitfield, where I engaged in a debate on this topic with former Trump economic adviser Stephen Moore.

Check out the video above for my thoughts on the tariffs and what we should really be doing for displaced workers in America.

How to Pay Off Your Student Loans Faster

time is money cover

College is expensive. Paying for it is hard. Here’s how to make it easier.

If you borrowed money to pay for that expensive degree, you get a six month grace period, and then it’s time to start paying up!

I gave some tips on my recent financial advice segment on Fox Philly that can help you with managing your student loan payments.

If you’re making a good salary – refinance.

You’ll likely get a lower interest rate, a lower payment and you’ll pay much less of your hard earned cash over the life of the loan.

If you think you’re going to have trouble paying – consolidate

This won’t change your rate, but you can combine all of your loans into one simple payment, and the combined loan will be eligible for programs that the federal government offers like:

 

Income Driven Repayment Plans

You can apply for programs that will cap your payment at 10-20% of your income and may be forgiven after 20-25 years.

Loan Forgiveness

If you work in public service, you may be eligible to have your loans forgiven after 10 years. Some states and other organizations also offer loan forgiveness programs. For example, Pennsylvania offer 100k to doctors who work with underserved populations for two years.

Don’t Change Your Lifestyle Too Quickly

Keep living like a college student for awhile so you can be more aggressive at paying your loan back.

Hold off on making major purchases

Don’t feel like you have to go and buy a big house or a nice car just because there is a degree on the wall.

Best Tip Ever – Focus on Making More Money

All of the above tips will help you when you’re in a bind, but the best way, BY FAR, to pay your student loans back is to have an intense focus on making more money.

Accelerating your path at your company, freelancing on nights and weekendds or starting a business will be much more effective than cutting things out of your budget. There are only so many things you can cut from your spending, but your earning potential is limitless!

For tips on how to start a business to help pay back your student loans, check out my free Expert Empire training here: http://www.expertempire.co

Time is Money – A Rob Wilson Original Short Film

time is money cover

Time is money. The sooner you acknowledge that, the sooner you’ll begin spending it wisely.

The only thing that kills me as much as watching someone wasting their money, is watching them waste their time.

See, if you go out and waste a dollar, you can work hard and make it back 10 times. But everyday that you waste is a day that you can never get back.

Here are a few things you need to know about your time, if you truly want to use it to build wealth:

Being “busy” is not the same as being productive.

Are you stuck doing busy work, or are you doing your “life’s work?”

Stop going through the motions!

Spending your time wisely starts with knowing exactly what it is you want to accomplish and why. It’s only then that you can determine the steps that it’s going to take to get there. Without this, you’ll just wander aimlessly through life while helping someone else live their dream.

 

Create a budget for your time.

You already know that you need a budget for your money. Truly successful people also have a budget for their time.

Use a planner or the calendar app on your phone to schedule the big things that are important to you before everyone else tries to take up those slots. If you don’t schedule them first, they absolutely won’t happen.

Delegate!

No, you don’t need to do everything. In fact, you can’t.

Focus on what you’re truly gifted at, and leave all the other activities to someone else.

 

P.S. This is also my first short film. Drop me a comment and let me know what you think. Should I do more of these? Let me know!

Talking ‘Brexit’ on CNN Newsroom

celebrity_financial_advisor_rob_wilson_on_cnn_brexit

You may have never been to the UK, but what just happened there is affecting your money

Brexit.

Hopefully the first time you heard that word wasn’t last Friday when the Dow Jones tanked by 600 points and it suddenly dawned on you that your 401k was dropping too.

Just in case you still haven’t heard the word, Brexit is short for the British exit from the European Union, which was voted for by the citizens of Britain last week.

If world politics isn’t your thing, let’s just say that the Brexit is kinda like Pittsburgh football fans voting for the Steelers to leave the NFL…even though they still want the team to play in NFL games and compete for the Superbowl.

Not quite sure how that would work?

Well, investors aren’t sure how the Brexit is going to work either and when investors are faced with too much uncertainty they sell…everything and a lot of it.

Why is Britain affecting US markets?

We’re more interconnected than you think.

​​​​​​​The folks who pushed for the vote to leave the UK probably did so wearing an Italian suit, a tie from China, driving a car from Japan while eating French Fries.

Large countries all sell things to each other, buy things from each other, invest in each other’s markets, etc.

When something this huge happens abroad, the affect will inevitable trickle down to our investments at home.

Ok, what does this mean for my 401k?

I’m glad you asked.

I had the exciting opportunity to share my thoughts with the entire country on CNN Newsroom with Fredricka Whitfield.

Check out the video above for my thoughts on this event and what you should do with your money from here.
 

Tom Joyner Fantastic Voyage Vlog

voyage-vlog-cover

Doing well for yourself and doing good for other people doesn’t have to be mutually exclusive

I had an AMAZING time presenting on the Tom Joyner Fantastic Voyage! I’m so grateful and honored to have been asked to speak!

It was a fantastic opportunity to share my thoughts with a new audience, there were so many great entertainers and of course the scenery was absolutely gorgeous.

I also came away with an important insight: Doing well for yourself and doing good for other people don’t need to be mutually exclusive.

Now, I’ve known this for a while; it’s how I’ve built my entire career.

But, this cruise is one of the best examples of this.

Tom joyner is a very successful media personality and has undoubtedly done very well for himself.  There are some estimates that his net worth is around $30 million, and he probably could have created the cruise as a strictly for-profit venture.

Yet, he created the cruise as a fundraiser for Historically Black Colleges and Universities (HBCUs) and has donated over $60 million to them over the 16 years that he’s been doing the cruise.  That is absolutely astonishing.

There’s something major to learn here.  If you want to help people, you don’t have to go start a “non profit organization” and start begging other people for money for your cause.

You can go out, be wildly successful and either donate your own funds or create a business that generates funds for your favorite cause.

Brilliant.

Jay Z said, “I can’t help the poor if I’m one of them. So I got rich and gave back, to me that’s the win-win.”

I agree wholeheartedly.

 

You Didn’t Invent Uber. Here’s Why.

better-ideas cover

You didn’t invent Uber. Here’s why, and how you can invent the next one.

It all seems so obvious now.

You’ve been in cabs before. You hate them. You have a mobile phone. You use it a lot. You use apps. You enjoy using them.

Why not use the apps you love on the phone to stare at all day to solve the awful experience of catching a cab?

Aha!

The only problem is, someone beat you to it and created a billion dollar company by basically turning every car on the planet into a taxi.

Brilliant.

Now, we’ve all had the dreaded “Why didn’t I think of that?” moment and it can be easy to agonize over not connecting the dots on a puzzle that seems so easy to solve in retrospect.

But as they say, there’s no use crying over spilled Moet.

A much better use of your time would be to put yourself in position to come up with great ideas in the future.

See, the reason you didn’t invent Uber (or insert other company that applies to your WDITOT moment) isn’t because you don’t have the ability to come up with great ideas.

You do!

It’s because you don’t have a deliberate process for generating ideas and putting them into action.

Now for the good news!

The good thing for you is that it’s pretty easy to start being deliberate about developing new ideas. The added benefit is that when you start generating lots of ideas you take the pressure off of yourself to come up with the “One Big Idea” that most people think will just suddenly pop into their heads one day.

How to Come Up With Better Ideas

Here’s my simple 4 step process for getting better at creating ideas and putting them into action.

1. Be hyper curious & aware

You have to notice things that most people don’t notice. And don’t just notice them, get in the habit of asking yourself “What if…” or “How could I make this better?”

2. Stop waiting around for “The Big Idea” to drop into your lap

The “Aha Moment” sounds great interviews but people rarely stumble upon great ideas.

3. Document your ideas and set aside time to evaluate them

Write down or put your ideas in your phone the moment you have them. Then set aside specify time during the week to think critically about those ideas, evaluate them and decide which ones you want to move forward on.

4. Find someone you can trust to discuss your ideas with

Now, the Winklevoss twins might not agree with this tip, but the mere act of communicating your idea with someone else can help make the idea clearer in your own mind and might help you get closer to making it a reality.