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Newsletter - 6 practical lessons from the new Netflix doc ‘Get Smart with Money’ that can help you earn more and build wealth

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letmepayday.com

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kevin.mitnick@letmepayday.com

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Mon, Sep 19, 2022 03:45 PM

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This is your Newsletter. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ [LPB]( [LPL]( [LetmePayday Newsletter]( You Might Like     [Learn more about Jeeng](  [6 practical lessons from the new Netflix doc ‘Get Smart with Money’ that can help you earn more and build wealth]( [6 practical lessons from the new Netflix doc ‘Get Smart with Money’ that can help you earn more and build wealth]( - “Get Smart with Money” is a new money-focused documentary on Netflix. - It shares four money transformations over a year, with the help of different financial coaches. - It showcases how money can affect our lives and how we feel — spoilers ahead. Netflix recently debuted a new documentary about personal finance aptly titled “Get Smart With Money” directed by Stephanie Soechtig. Over the course of 90 minutes, we follow four stories about people struggling with different money issues — debt, living paycheck-to-paycheck, lack of income and not knowing how to invest, and rising expenses while trying to pursue early retirement (FIRE). The four main characters are paired with a financial coach — Paula Pant from Afford Anything, Ro$$ Mac, Tiffany “The Budgetnista” Aliche, and Pete Adeney, who is often referred to by his moniker, Mr. Money Mustache. Aside from being a good watch, “Get Smart with Money” shares six smart lessons anyone can use to improve their finances. 1. A high income doesn’t mean much if you don’t know how to save and invest Everyone dreams of earning a ton of money. That was the case for Teez, who says he knew that one way he could earn a lot was through football. Reaching success at the early age of 21, the film states he originally earned $1.6 million. That number quickly went down after paying taxes, buying a home for his family and one for his mom, and taking various trips. [[icon] Read MoreÂ](  [Online Personal Loans up to $50,000](  [5 factors that affect your mortgage rates]( [5 factors that affect your mortgage rates]( Interest is the cost you pay to borrow money. And though it’s just one part of your monthly mortgage payments, it can often amount to significant costs over time and affect how much mortgage you can afford. Understanding how your mortgage interest rate is calculated is a crucial step in securing a home loan. If you’re shopping for a new home, you’ll want to crunch the numbers to determine what you can afford. A mortgage expert can help you navigate the home-buying process and see what type of loan makes the most sense for you based on your needs. Here’s what you need to know about mortgage interest, how it is calculated, and how it might impact your finances. 5 factors that affect your mortgage rates Mortgage payments are comprised of two parts: Principal and interest payments. The principal is the part of your payment that goes directly toward your balance, while the interest is the cost of borrowing the money. Your home loan balance and mortgage interest rate determine your monthly payment. Mortgage rates can vary widely from one borrower to the next. A mortgage loan company can help you compare rates, fees, and offers – just click on what you’re looking for and they’ll do the rest. [[icon] Read MoreÂ](  You Might Like     [Learn more about Jeeng]( Connect with LetmePayday on Social Media Pages [Facebook]( [Linkedin](    [Unsubscribe](

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