In this week's episode of Mobile Money by moomoo, we dive into a candid conversation with Seth Godwin (@sethgodwin), who shares his personal financial journey from maxed-out credit cards to becoming a personal finance influencer. Seth opens up about the shame that often surrounds money, highlighting the importance of breaking the stigma and having honest conversations about personal finance. 

Throughout the episode, Seth takes us through his experience with different budgeting methods, including the zero-based budget and the 50/30/20 rule, which helped him regain control of his finances. He emphasizes the importance of giving every dollar a job and ensuring every expense is accounted for each month. 

Seth also shares his perspectives on investments and offers sound advice on avoiding get-rich-quick schemes. Instead, he advocates for a slow and steady approach to investing and shares his automated investment strategy that has proven successful for him. 

The episode also touches on the topic of auto loans and the financial pitfalls that often come with purchasing a car. Seth discusses the rapid depreciation of cars and the challenges of negative equity, providing listeners with insights on how to navigate the financing process and make informed decisions when purchasing a vehicle. 

Join us for an engaging and informative conversation that will help you take control of your financial future and approach money with greater confidence. 

 Disclaimer: The opinions expressed are those of the host and any guest speaker or social media personality, and not necessarily those of Moomoo Technologies Inc. or its affiliates. The podcast is provided for informational and educational purposes and is not a recommendation or endorsement of any particular investment or investment strategy that may be mentioned or covered in the pod. All investments involve risk and the loss of principal is possible. Moomoo is not affiliated with any outside guests or their companies. Information provided in this podcast is general in nature and may not be appropriate for all investors. The moomoo app is an online trading platform offered by Moomoo Technologies Inc. Securities, brokerage products and related services available through the moomoo app are offered by Moomoo Financial Inc., a member FINRA/SIPC.  The Information contained on this podcast Is general In nature and has been prepared without any consideration to the listener’s investment objectives, financial situations or needs. Listeners should consider the appropriateness of the information having regard to their personal circumstances before making any investment decisions. Furthermore, there is no guarantee that any statements, estimates, price targets, opinions or forecasts provided herein will prove to be correct. Past performance is no guarantee of future results.