Kerry Lutz's--Financial Survival Network

Summary:
What are some of the alternatives to small business financing? Stephen Sacks comes on the show to talk about some of the alternative methods for funding your business; luckily, there are many you can take advantage of if you’re willing to look. In the UK, there is £200bn in business and startup grants that is waiting to be allocated to companies. Tune in to this episode for advice from Stephen, and to learn how you can better fund your business.

Highlights:
-In business, it’s all about cash flow. Sometimes you have to arrange financing/equity in other ways, and there is a whole world of financial sources to master
-It’s good to surround yourself with people who are going to be honest with you and tell you the situation as it is
-It’s important to acknowledge what you don’t know, and take it upon yourself to learn or find someone who is an expert
-Stephen proposes a method for businesses to retain all of their equity and maintain ownership of business

Useful Links:
Financial Survival Network
Funding Nav

Summary:
The Fed increased the funds rate by 75 points, as they promised. How does this affect your portfolio? Mortgage expert and financial advisor Debbie Bloyd comes on the show to talk about where the housing market is headed with the shift in interest rates, and mentions various factors to consider if you’re looking to get in the market any time soon. It’s very important to be attentive to the current market and speak with experts that understand what real estate is like now, and it’s absolutely crucial to have a solid plan for this sector. Tune in for more insight.

Highlights:
-Debbie specializes in mortgages, and says that this will make it harder for people to buy the homes that they want
-People sometimes neglect to realize how good things are (i.e. lower rates) until they go away
-No one is going to relocate if they don’t have to because it will inevitably cost more
-The quality of the home you’re going to get with your money decreases as well
-When you buy down a rate, your buying power becomes stronger
-It can be frustrating because we want more than we can afford
-A lot of first time buyers are much older now—listening to advice from people who haven’t bought a home in 20+ years are are misinformed on the current industry
-If you’re in a state where many people are leaving, real estate prices aren’t going to increase as much due to lower demand. You can also get better deals on homes in these places
-Durable goods are getting more expensive; your house is going to be twice as expensive before you sell it
-It’s crucial to be intentional and have a plan

Useful Links:
Financial Survival Network
DLB Mortgage Services