N'DIGO - MoneySmart Guy Matthew Sapaula

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How 25 Current Events Affect Your Financial Plan, Your Future

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Matt Sapaula

I am a proud father, financial strategist, TV commentator and financial talk show host of Money Smart Radio

Since deciding to Go GREEN, leaving the car home and taking the train to the city...I've found time to read my paper! Sorry, I'm a lil' old school, but I love reading my newspaper. Plus, my iPhone runs out of battery so fast I need to save the juice for when I really need to make an important call. (Rather than surfing the web for news)

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Should Suze Orman Finally Admit She Was Wrong?

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Matt Sapaula

I am a proud father, financial strategist, TV commentator and financial talk show host of Money Smart Radio

Is the advice of a premier TV financial guru's starting to change and buckle?  Is the mantra of her traditional financial recommendations to millions of viewers starting to take a turn based on how unprecedented this recession has become? 

My good friend, Arnel Castillo who is a mortgage professional at American Street Mortgage, shared this video with me and I was shocked. Since I have been involved in the financial planning community for over 10 years, the rumblings of financial planners around me never approved much of what Suze Orman has had to say.  I'm not here to diminish a financial guru's image, but this video from Squawk on the Street may reveal why they feel that way:

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A Homeowner's 3-Step Plan to Rebuild their Financial Situation

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Matt Sapaula

I am a proud father, financial strategist, TV commentator and financial talk show host of Money Smart Radio

Rethink, restructure and redirect...our mantra as we begin our radio show's Money N'Motion Moment with Matt...

Over the past several years, we have been educating consumers on how to effectively manage one of the greatest assets they own...their home equity.
  During the real estate boom, it was hard to get anyone's attention. Nevertheless, the deceitfulness of wealth kept many people from hearing words of caution to protect this highly appreciated asset. It caused many to sit on the sidelines, admiring their home equity.

The financial and retirement plan that was at least in the mind of many Americans several years ago, is not working out the way they thought it would.  Traditional financial education, or lack there of, has failed, forcing people to start all over again.  


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Is Owning an IRA or 401(k) a Ripoff? Changing Economy Revealing Answers

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Matt Sapaula

I am a proud father, financial strategist, TV commentator and financial talk show host of Money Smart Radio

"I don't own an IRA or 401(k)!  Never have, never will!" says financial strategist and NY Times best-selling author Douglas R. Andrew.  "It is the time NOW to convert these traditional retirement plans to better ones," he says.  Which ones? 

"Tax-free ones!  Plus, your account values and income tax rates are lower due to our economy.  Why would you want to wait around to do something about your IRA or 401(k) retirement plan, hoping that you will recover what you have lost!", Andrews emphatically states.

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You Want to Be Rich? You Might Not Have a Choice

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Matt Sapaula

I am a proud father, financial strategist, TV commentator and financial talk show host of Money Smart Radio

A few years ago, Donald Trump and Robert Kiyosaki wrote a profound book titled, "Why We Want Your to be Rich".  This was eye-opening work which shares shocking facts about the American economy that most Americans don't realize.

Whether your are rich or poor...the fact is the American middle class is disappearing...quickly.  It is no secret that we have losing manufacturing and jobs to countries overseas by the millions. Middle-class families like the one I was raised in are having a tougher time each year.  Staying ahead of the economic shifts which affect retirement planning, the ability to send our kid's to college, keeping gainfully employed and staying on a path aimed towards financial security is tougher and tougher when you don't put time on our side. (Yes, that means STOP procrastinating!)

A recent post last week stated that the Top 1 Percent of Americans Control 42 Percent of Financial Wealth in the U.S...
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15 Steps to Transform a Baller into a Businessman...Booyaaa!

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Matt Sapaula

I am a proud father, financial strategist, TV commentator and financial talk show host of Money Smart Radio

Ok, let's just make sure we ALL have the proper definition of what a "baller" is.  I know the first time I heard that term was back in the day during summertime pick-up games and watchin' Boyz in the Hood at the movies.

Urban Dictionary defines "Baller" as a thug that has "made it" to the big time. Originally referred to ball players that made it out of the streets to make millions as a pro ball player, the term is now used to describe any thug that is living large.

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Building True Wealth in Chicago with Matthew Sapaula

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Matt Sapaula

I am a proud father, financial strategist, TV commentator and financial talk show host of Money Smart Radio

We wish you all well throughout the New Year!  I know 2009 was rough...but we're still standing!  2010 brings us a great fresh start and new beginnings.  We closed out our 2009 with an event we consider "Building True Wealth".  This particular financial strategy never goes out of style and continues to reap dividends long-term. 

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Top 10 Money Smart Books of 2009

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Matt Sapaula

I am a proud father, financial strategist, TV commentator and financial talk show host of Money Smart Radio

For most, 2009 was far from the year many people expected.  However, in every downside there is an upside.  There are always opportunities in every problem.  After over 160 interviews of America's top financial and business experts during 2009, we sat down and selected those who received the most feedback from our fans and listeners.  This feedback came from callers into our show, comments on our radio show's blog, Facebook fan page or Twitter replies.

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How You Can Still Be a Millionaire by 30, er 40, okay 60!

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Matt Sapaula

I am a proud father, financial strategist, TV commentator and financial talk show host of Money Smart Radio

It seems that the path to financial independence has taken a detour and set back many plans for several more years. One has to ask themselves, can I still be a millionaire by 30, 40 or even 50? Or even at all?

How many people do you know who have aired their deep concern with losing money in their 401(k) retirement plans or equity value of their real estate properties?

Is there a solution to all the financial and economic problems we are facing? How is the "lost generation" supposed to graduate from college and follow the dreams from four to five years ago that was so enticing before entering college?

How are young professionals who have begun to build upon their experience and accomplishments keep continuing to move forward? They face big speed bumps staring into a tough economy which includes massive layoffs, high interest credit card debt, large student loans to payback, snail-paced hiring decisions and job uncertainty?

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WGN-TV Morning News: Taking Your Financial Questions with Chris Gardner (Pursuit of Happyness)

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Matt Sapaula

I am a proud father, financial strategist, TV commentator and financial talk show host of Money Smart Radio

With some much financial pressure squeezing us from so many different directions, it is common to "freeze up".  It's as if every move we make ends up in disaster and we feel helpless to do anything about it.

Before leaving the United States Marine Corps after eight years of active duty, I found myself broke and penniless.  How? Because of a lack of personal financial knowledge, I did not know all my options when I came to financial difficulty.  I just went through a divorce.  My credit cards where all charged up.  I was working to pay everybody else and had nothing left for me.

I knew the tactics and strategies of U.S. Marine Corps combat and weaponry, but could not fight off creditors to save my life.

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Chicago Financial Planning: Tips to Keeping and Protecting Your Dreams!

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Matt Sapaula

I am a proud father, financial strategist, TV commentator and financial talk show host of Money Smart Radio

Like most people involved in personal financial planning, we were facing times unlike any other.  A little over a year ago, I was asked to come onto Chicago's WGN-TV Morning News to share some ideas on personal finance. 

I needed to collaborate with mentors who have been in the financial industry for twenty, thirty, even forty years of helping families and businesses plan financially for the future.  Their response to me, "Matthew, we've been doing this a LONG time!  We have NEVER an economy like this."

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