NBC’s Today Show – Money 911 – April 4, 2012

If you missed me this morning on NBC’s Today Show, Money 911 make sure to check it out now. We answered questions about using a rental income as a retirement plan, using a 401k to pay off a mortgage, and if you should open a credit card or line of credit to increase your credit score. Hopefully our answers can help you too!

Live Rich,

David Bach

NBC’s Today Show – Getting Out of a Sticky Credit Card Situation

Did you know the average American family has about $16,000 in credit card debt; this translates to a lot of money wasted on interest payments. In my NBC’s TODAY show segment,  I teach you my simple trick to RACK IT, STACK IT, and HACK IT to help you pay off those balances—saving you time AND money. The beauty of this system is you can do it on a piece of paper, OR you can go over to www.finishrich.com/dolp and use my DOLP™ Calculator to help you prioritize your debt!

My system will allow you to establish the most effective and efficient order in which you should pay down your various cards. The DOLP™ system works by identifying the card you can pay off most quickly and then having you pay it off first. The point of doing this is to reduce the number of different cards you owe money on as fast as possible.

In this segment I also discuss what your options are  and where to go if you have good credit and want to pay 0% interest on your credit cards—starting today!

So, watch the segment above and then ask yourself if you have a strategy to pay your credit card debt off that will save you time and money? If you don’t, then my DOLP method could be the solution for you!  

Live Rich,

David Bach

 

 

NBC’s Today Show – Money 911 – March 28, 2012

If you missed the Money 911 segment this morning NBC’s TODAY, make sure to watch it now! Today we helped people tackle their student loans and discussed forgiveness options, spoke about what to do and where to go if you’re struggling to make mortgage payments on an investment property and ran the numbers for a viewer when it came to refinancing their 30-year mortgage, so it could be paid off by the time their daughter goes to college. Tons of great information and I hope it can help you too!

Live Rich,

David Bach

 

NBC’s Today Show – Money 911 – March 21, 2012

If you missed me this morning on NBC’s TODAY – Money 911, make sure to check out the segment now!  This week we started with a question about a woman who took out a reverse mortgage on her home, which essentially eliminated any inheritance that would have come her daughter’s way, and let me tell you, the daughter was NOT happy! After tackling this question, we moved on to help a viewer eliminate $30,000 in debt and another one find the right financial advisor.

Hope you all enjoy the segment!

Live Rich,

David Bach

NBC’s Today Show – Money 911 – March 14, 2012

Visit msnbc.com for breaking news, world news, and news about the economy

From trying to manage escalating mortgage costs, to bouncing checks, to what you need to know about those attractive specialty store credit card offers – we answered a lot of great questions today on Money 911. So make sue to watch the segment and let me know if it helped you!

Live Rich,

David Bach

 

NBC’s Today Show – Money 911 – February 29, 2012

If you missed me this morning on NBC’s Today Show – Money 911, make sure you take some time and watch the segment. This week we helped some people with some BIG problems. One viewer’s ex-husband was ruining her credit score, another was a consumer considering defaulting on her debt, and then was one was having trouble with the fine print on those tricky 0% balance transfer offers we’ve all seen in the mail. There’s tons of information in the segment and hopefully it can help you too!

Also, Danny Devito was at there this morning promoting his new movie The Lorax—which I can’t wait to see! I also got the chance to take a picture with the Lorax himself, so check out the picture below! Will you go and see The Lorax when it comes out? I know I will!

Live Rich,

David Bach

 
Me and the LORAX!
Me and the LORAX!

NBC’s Today Show – Money 911 – February 22, 2012

If you missed me this morning on NBC’s Today Show – Money 911, make sure to watch the segment above! Today we answered questions about financing options for furnishing your home, getting help with your credit score, healthcare savings plans and what to do with this year’s return.

PLUS, I shot a special video for you, where I speak in depth about Flex Spending Accounts and Health Savings Accounts, what they are, what they are not, and how they could be a great option for you to help pay for your health care expenses!

Let me know if this information helped you by commenting below!

Live Rich,

David Bach

healthsvaingsaccount

NBC’s Today Show – Money 911 – February 15, 2012

In case you missed me this morning on NBC’s Today Show – Money 911 – make sure to check it out now! We answered questions about getting your name off of a co-signed loan, tax deductions if you work at home, and what to do if you remarry someone that has debt when you have savings.

Let me know if this segment helped you by commenting below!

Live Rich,
David Bach

TODAYLogo

NBC’s Today Show – Money 911 and Live Chat – February 8, 2012

Visit msnbc.com for breaking news, world news, and news about the economy

If you missed me on NBC’s Today Show – Money 911 make sure to watch the segment above! We answered questions about how a divorce and a name change can affect your credit score, how to carry over your 401k from a previous employer, and if child support can affect your assets. It was a great segment so be sure to check it out!

I also had the chance to chat LIVE and  answer your money questions on Today.com. Thank you to everyone that joined me, there were so many AMAZING questions today and I tried to type as fast as I could to answer as many as possible. If you missed the chat make sure to read the archive HERE to see if I answered a question that could help you.

Here’s just one of the MANY great questions from the chat today!

Guest asked: “Hi – I am contributing 15% to my 401K but my company only matches 50% up to 6%. Should I be doing something else with my 9%?”

I replied:“Dear Guest! You should leave it alone…you are brilliant and doing everything right. You will look back later in life and be sooooooooooooo GLAD you put 15% in your 401k plan. You friends will wonder how you go to retire ten years before them and it will be because you saved three times more than they did! Well done, stay the course.”

Live Rich,
David Bach

 

LiveChat - 2-8-12

NBC’s Today Show – Money 911 – January 25, 2012

If you missed me today on NBC’s Today Show – Money 911, make sure to check it out now! It was an amazing morning we answered questions about how an adult can go back to school and receive financial aid, what to do with your credit cards once you have paid them off, and the best way to get rid of timeshares you’re no longer using.  

I ALSO had the pleasure of meeting Henry Winkler. Some of you may know him as Arthur ‘Fonz’ Fonzarelli. This was such a coincidence because I literally just introduced my son Jack to Happy Days and MacGyver (he was an executive producer for the show.)

He was on the Today Show, promoting his new children’s book series called “Ghost Buddy”  for middle school aged kids where the characters in the story deal with bullying and a blended family. Watch his interview above and check out our together picture below!

Live Rich,
David Bach

The Fonz