Michael Ryan Money

Turn Money Frights Into Confidence Smart habits can silence the scariest money monsters

“Most wallets are screaming because their owners think they’re ‘managing debt’ by making minimums.”
jimkatzaman.substack...
featuring @experian-us.bsky.social

Today on November 4, 2025, major political events unfolded that will reshape America. From Virginia's gubernatorial race with Winsome Earle-Sears to NYC's ma... Everything You Missed in Today's Stock Market: Election Chaos, Elections, & World Crisis EXPLAINED 🌍

Deep dive analysis (daily updates):
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Today on November 4, 2025, major political events unfolded that will reshape America. From Virginia's gubernatorial race with Winsome Earle-Sears to NYC's ma... Everything You Missed in Today's Stock Market: Election Chaos, Elections, & World Crisis EXPLAINED 🌍

NOBODY'S TALKING ABOUT THIS:

The real story today isn't just the elections—it's the 35-day shutdown, Nvidia chip exports to UAE contradicting Trump, and a diplomatic crisis reshaping Latin America.

These moves will ripple through markets for months.

For the full article: https://michaelryanmoney.com/how-to-read-a-check-routing-number-account-number/

YouTube: https://youtube.com/shorts/JfQi7fEf-Ks

Most people can't read this part of a check 👇

I broke down every section of a check in 30 seconds so you never second-guess yourself again.

Routing number, account #, etc all mean different things. Knowing matters when setting up direct deposit.


#personalfinance #banking #financialliteracy

🔗 Get the FREE Psychology-Backed Financial Goals Worksheet (with the SMART framework, prioritization matrix, and automation checklist):

https://michaelryanmoney.com/psychology-backed-financial-goals-worksheet/

Used by 10k+ people. Completely free.

Your brain is lying to you about money.

I'm not being dramatic. There are 3 psychological forces actively working against you every time you try to budget, save, or invest.

After 30 years helping clients, I can finally explain WHY you keep failing.

Watch the attached video

🔥 Fact: Roth IRAs have *zero* required minimum distributions — meaning your money compounds tax-free for life, and even heirs inherit tax-free growth.

So why are you still paying Uncle Sam more than you legally have to?

* 2025 limits: \$7,000 (under 50), \$8,000 (50+)

* Rule check: The *pro-rata rule* means the IRS looks at **all** your IRA balances when taxing the conversion
* Power move: Park pre-tax IRA money in a 401(k) so the conversion is almost tax-free
* Speed matters: Convert fast to avoid taxable gains while funds sit in the IRA

* Step 1: Put after-tax money into a Traditional IRA
* Step 2: File Form 8606 to lock in your basis
* Step 3: Flip those funds into a Roth IRA

What if I told you the wealthy have a loophole to grow tax-free forever?

💡 The Backdoor Roth IRA is the legal hack the IRS allows — and most people earning too much to contribute directly to a Roth have no idea it exists.

10/10: Start today: Screenshot your bank balance every Sunday.
⏰ After a month, scroll through. You'll see a financial time-lapse of your life and patterns you never noticed. Simple but powerful.

9/10: The best tool is the one you'll actually use. Free > Fancy.
📱 Sometimes a notes app tracking your coffee spending beats a complex, expensive budget app. The habit of looking is the magic.

8/10: The best accountability isn't judgment—it's gentle pattern spotting.
❤️ Choose a "money spotter" who sees your stress patterns and says, "Hey, you seem stressed and ordered stuff again," without shame.

7/10: Stop comparing your behind-the-scenes to everyone's financial highlight reel.
📱 40% of Gen Z admits to debt-shopping from social media. Instagram doesn't show credit card statements.

6/10: Denial shows up as "I'll figure it out later" on repeat.
🐦 It's not stupidity—it's overwhelm protection. Start stupidly small: just open the banking app. Don't analyze, just look.

5/10: Emotional spending is just self-medication that bills you later.
😥 A bad day = Amazon therapy. Celebration = expensive dinner. You're literally buying feelings on credit.

4/10: Financial stress isn't just a number; it's a physical reaction.
💪 Your body knows before your brain admits it: tense shoulders, stomach knots, avoiding friends.

3/10: Subscription creep is the silent budget killer—it feels like "adult maintenance," not spending.
📊 The average person has 12 forgotten subscriptions bleeding them dry. Audit yours today.

2/10: That "BOGO deal" isn't a deal if you weren't buying it anyway.
💸 Marketing is scarily good at making waste feel wise. Grandma was right: "A bargain ain't a bargain if you didn't need it."

1/10: Your #1 healthy habit might be knowing when NOT to check your account.
🚫 67% of us check our bank accounts when stressed, but it increases anxiety 40% of the time. #CreditChat

🧵 Missed the @Experian #CreditChat on money & mental health? We got real about the anxiety, the FOMO spending, and how to break the cycle.

Here are the 10 biggest takeaways (and the stats that will shock you):

Q4 is coming 👀 Time to get our financial minds right.
#CreditChat on X starts in 1 hour.

We're talking FOMO spending, denial, and how to break the cycle.
Bring your real talk.

@experian

Join me and the panel:
@Kembala
@RahkimSabree
@itsmymoney_
@Lawrence_Sprung
@taynelawgroup
@creditscoop

Tomorrow! I'm joining an incredible panel for #CreditChat to discuss stopping financial freefall. 🚀
You'll learn how to identify unhealthy money behaviors & get actionable advice. Bring your questions for us! Sept 17, 3-4 PM ET.
#PersonalFinance #Experian

Second: Life insurance audit. Kirk was 31. My term policy’s 15x salary, auto-renewed. Covers the kids’ college if I’m gone. You good?

Third: Estate plan basics. Will + trust = no probate mess. My attorney’s on speed dial. Who’s yours? Reply, let’s swap tips. #MoneyMoves

3 ways to secure your fam’s future now. 💖💰

First: Check beneficiaries. Takes 5 mins. My 401k had an ex listed—yikes. Fixed it. Yours current?

Charle Kirk news shook me. 900k views on that vigil clip. Agree or disagree with him, it makes you realize life’s fragile, man.

Told my wife & kids I love ‘em, then speed-dialed my estate attorney.

Beneficiaries set? Policies updated? Don’t wait for a headline to lock it down.

Mario movie? Galaxy brain.
Trailer hits, Nintendo stock +3%. Nostalgia's the real power-up—fans drop billions on merch alone.

Lesson? Bet on what you loved as a kid.
$NTDOY in your IRA yet?
Discuss

How to Choose The Best Rewards Credit Card in 2025: The One That's Right For YOU | Michael Ryan Money This isn't your fault. The credit card industry is designed to be confusing. I will teach you how to choose the best rewards credit card that fits YOU.

Paying a $95 credit card fee can be a brilliant move... or a costly trap.
A 25-yr planner's simple 3-question framework helps you decide in minutes. Stop guessing and find the card that actually pays YOU.
#FinTwit #CreditCards

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