Todd's Two Cents

My Selfish Message to you :)

book Jan 10, 2022

So yes this is kind of a selfish message but actually it's more about you than me.

It's been a while since I looked at some of my recent reviews on Amazon for my new updated book YOUNG MONEY. And wow, I was thrilled and humbled to read a few including:


Brent B. who said - "Straightforward and solid"

Jeremy K. who said - "Very powerful book"

Joseph J. who said - "Every high school and college student should read this book"

M. Tayler who said - "Took the uncertainty and fear out of finance"

Feven B. who said - "Simple but seriously impactful"


I'm thankful for those who write these reviews because it shows YOUNG MONEY has made a difference. And I'd love it if the book made a difference in your life or the lives of those you care about too.

Check out the book on Amazon here. I believe it will be one of the best ways to start the new year.

Remember, you have what it takes to Do Money Differently and live a life that...

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Overcome Fear of Failure Once and For All

finance Jan 03, 2022

The biggest fear that many young people face is the fear of failure. And while this can be natural among most people, it can end up being debilitating. Fear of failure will inhibit you to not take action or reasonable risk to reach your goals and dreams.

For some reason, we have believed that failure is bad. When in reality, when we fail at something it means we took action to try to achieve something. And that's good. Not bad.

When we decide not to try something (ie...learning how to play the piano, start an online business, etc) we have actually failed. That's the only failure there is. Period.

So, as you head into the New Year, don't let fear of failure impede you from taking a risk to help you get to where you want to go. Simple as that.

Remember, you have what it takes to live a life that fits your dreams.

- Todd


P.S. Don't forget you can receive a $25 bonus by opening up a new investment account with Acorns here.

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Don't Do a New Year's Resolution

investing Dec 27, 2021

The number one and number two New Year's resolutions for most people is to get in better physical and/or financial shape. And decades of research continue to show that after 30 days over 80% of those resolutions do not continue.

Instead of resolving to do something. Just take ACTION regardless of the day of the year. I'd like you to take action on Doing Money Differently now regardless of the date of the year.

All it takes for you to decide to get into better financial shape is to create your personal WHY. Why do you ULTIMATELY want to be financially successful?

Your why will move you to take action on saving, spending, investing and giving money differently.

Check out our Do Money Differently course here to help you begin 2022 in a very exciting way.


- Todd


P.S. Don't forget you can receive a $25 bonus by opening up a new investment account with Acorns here.

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The Robinhood Effect

investing Dec 20, 2021

Let's face it, a large percentage of young people today are thinking riches can come fast through "investing" in the right stock or crypto.

And to some degree they have been right when they see certain meme stocks and cryptos go nuts over the last year or two. Robinhood, with its commission free trades, has become amazingly popular among 18-29 year olds. Super easy to set up an account.

But here's my caution. While I like the democratization of the financial markets for anyone to begin investing, you have to look at investing versus gambling.

Gambling is simply buying a stock for a short period of time hoping it will go up fast. And Robinhood can give you this ease of entry and kind of a gambling thrill.

But always keep in mind that to create wealth over time, let time do the heavy lifting through automated monthly investing in a group of stocks in a mutual fund or ETF.

That's why I like platforms like Acorns to begin investing ASAP. Click here to receive...

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Giving Money Creates More Happiness

giving happiness Nov 08, 2021

I happened to read an article in the American Airlines magazine recently while traveling titled "How to Tap Into More Happiness". It talked about how giving money to those in need transforms a negative, depressed and sad mood into a positive and joyful mood. The article went on to say that giving and serving others is an immediate antidote when we're feeling the blues. I couldn't agree more.

Step 5 of the YMU financial success plan is called GIVE MONEY DIFFERENTLY. It's based on setting up a named savings account called Giving where you automatically transfer a certain dollar amount each month from your checking account to your Giving account.

After money accumulates for 6-12 months, find a person you know or maybe someone you've read about in the local news who has been dealt a tough life hand and is in real financial need. Take what you've saved in your Giving account and hand it to them. Or mail them a check or send via Venmo or Paypal. Tell them you've been saving...

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The Wealth Gap Can Be Closed

wealth gap Nov 01, 2021

Lots of talk these days about the haves and have nots. Especially as reports surfaced that showed the rich got richer during the pandemic. It's a touchy area for some to contemplate and discuss.

I have no problem expressing what I think part of the solution should be to close the wealth gap. TEACH MONEY and FINANCIAL SUCCESS DIFFERENTLY. Let's face it. Traditional financial education is not working. It's boring. It feels like work. It covers just get by philosophies with a big focus on your personal credit score. It's antiquated and does little to change financial behavior. Nearly 70% of Americans are still living paycheck to paycheck.

We need to focus on investment education. How starting to invest at a young age (even with $10/month) can lead to new behaviors with how you spend money. You see, its possible because I've seen it starting to happen.

At YMU, we don't care what economic background you come from. Are you willing to listen and be teachable? That's all it...

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How to Handle Irregular Income

income Oct 25, 2021

Once in a while I will be asked by a college student or recent college grad the following question: "How do I budget if my income is not the same each month?"

It's a great question and applies to more and more young people today. The answer is to budget quarterly versus monthly.   

In the YMU Do Money Differently course I call a budget your "monthly spending plan" or "monthly cash flow plan".   

Most people don't like the word budget because they feel they will be deprived or are limited in doing fun things. That's just not true. So, if your income is irregular each month, create a quarterly budget or spending plan. Estimate what your next three months income will be. Spell this out in a Google Sheet or in Excel. Then, estimate what your fixed and variable expenses will be over the next three months.

Fixed = rent/mortgage, utilities, cell phone bill, car payment, car insurance, subscriptions (Netflix, Disney+, etc), memberships (gym), investments, etc.

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Invest Differently - The Mother of all Steps

invest Oct 18, 2021

The word Invest or Investing can cause many to feel overwhelmed or scared. 

For many however, it brings excitement and opportunity.

Step 4 within DO MONEY DIFFERENTLY is all about simply opening up your first investment account. It only takes about 10 minutes to do so.

Let's discuss the myths of investing:

  • You have to have a lot of money to begin investing. NOPE. You just need $5 through investing platforms like Acorns. You will receive a $25 bonus if you use this link here.
  • You have to decide what stocks to buy. NOPE. Acorns invests your money into ETF's (exchange traded funds). You will own 100+ different stocks out of the gate like Apple, Microsoft, Google, Amazon, Proctor and Gamble, Johnson & Johnson, etc).
  • I have to come from a wealthy family to invest. NOPE. Just open an account here and be just like what the wealthy did when they were young.

Step 4 of investing is the Mother of all Steps because it will take you back to Step 1 of DO...

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Cali's email brought a tear to my eye

do money differently Oct 11, 2021

I was having a proverbial "bad day" two weeks ago. Then along came an email from a young woman named Cali who read my book YOUNG MONEY

She said it was required reading for her family finance class at Utah State University. I've been humbled to receive many kind emails over the years from people who felt my book, coaching or speaking tour presentation made an impact on them. Cali courageously told me she thought she would just follow in her parents footsteps of financial struggle.   

She thought, like thousands of others, that financial success would come from those who simply were smarter than her. But she realized those were just fat lies after reading my book. She said her life was changed. I dropped a tear on my laptop keyboard after hearing her say she has already completed four of the five steps. Wait what? That fast? You see, Cali simply wants it bad and she took action ASAP. 

Financial success and a life of more purpose will come to you if you...

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Even 14 Year Old Preston Gets It

acorns investing Aug 23, 2021

I've been a mentor to a 14 year old boy named Preston here in Cincinnati for over four years. We've had a lot of fun going to a Reds baseball game, bowling (I'm terrible btw), golf, basketball and many meals at his favorite place, Chick-Fil-A. He's a super smart kid who watches a ton of informative Youtube and TikTok videos on various subject matters.

One month ago he said to me, "Hey I'm starting to earn money and I want to start investing. Can you show me how?" I told Preston that its super simple but to not expect to be a millionaire next month. He laughed and said "I know".

I helped his Mom open up an Acorns account and told him that he could have a custodian account under his Mom's account because he's not 18 yet. He said "sweet, let's go". You see, even a 14 year old knows that investing at a young age will set anyone up financially for decades to come.

I hope you want to do the same thing as Preston and open up your own investment account. It does not matter how old...

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