Episode•October 24, 2019•22 min

Culture and 25 States in 25 Weeks with Dimitry Neyshtadt | Ep. 15

Join Tiffany as she talks culture, consumer debt, and traveling through 25 states in 25 weeks with Dimitry Neyshtadt. Learn how he lowered his living expenses by purchasing an RV and road-tripping! About our Guest Dimitry Neyshtadt created 90 Day Money Pro to ensure that any hard-working & motivated American would have access to the most important and critical tips to achieve Financial Independence. He’s been an award-winning financial advisor for the past 10+ years and has helped over 1,000 clients one-on-one to optimize their finances. He’s also a great speaker who frequently presents at colleges and universities, nonprofits, real estate agencies, conferences and meetings, and more. In 2019, he’s traveled 25 States in 25 Weeks on the “Money Pro Tour” while Full-Time RVing with @TheFinanceFrenchie, his 2-year-old dog Brady. Check out his great content on social media @90DayMoneyPro and his Podcast on Apple Podcasts & Spotify. Like him on Facebook: www.facebook.com/90daymoneypro Follow him on Twitter: www.twitter.com/90daymoneypro Follow him on Instagram: www.instagram.com/90daymoneypro Links www.moneytalkwitht.com Consumer debt article: https://www.moneytalkwitht.com/word-wednesdays/consumer-debt Sponsor Decluttr specializes in buying your used CDs, DVDs, Blurays, and Games to help you make room and money! With Decluttr, you can enter your items barcodes into our valuation engine, and we'll give you an instant offer. Alternatively, you can download the FREE app (available on Android and IOS) and scan your items with your smartphone's camera. You'll need to enter a minimum of 10 items or have an overall value of $5 to complete your order. Then you pack all your items into a box and then ship your items to us for free! When we receive your items, we'll pay you on the next business day. Be sure to use code: MONEYTALK5 at checkout for $5 off a purchase OR $5 added to your sale. Connect with Tiffany on Social Media Facebook: Money Talk With Tiff Twitter: @moneytalkwitht Instagram: @moneytalkwitht LinkedIn: Tiffany Grant YouTube: Money Talk With Tiff Channel Pinterest: Money Talk With Tiff This podcast uses the following third-party services for analysis: Podcorn - https://podcorn.com/privacy OP3 - https://op3.dev/privacy

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Key Takeaways

1
Immigrant perspectives often foster disciplined money habits
Dimitry’s parents immigrated from Belarus in 1989–1990 and lived paycheck-to-paycheck, teaching the value of every dollar.
His father still prefers cash payments and avoids online banking, illustrating “old-school” cash-flow discipline.
Tiffany notes that her partner, also new to the U.S., had never encountered credit before arriving.
2
Average credit-card debt (~$17 k) creates a costly treadmill
U.S. consumer debt reached $3.1 trillion (June 2019) excluding mortgages and auto loans.
High interest means roughly 30 % of a minimum payment can go to fees alone.
Dimitry’s rule: treat a credit card as a 30-day loan—pay it off before the statement closes.
3
Full-time RV living can slash housing costs dramatically
Dimitry’s Boston one-bedroom rent was $2,500/mo; his RV payment is $565/mo with zero down.
The 32-ft Class C RV served as both home and tour vehicle for the 25-state Money Pro Tour.
Minimalism and essentialism enabled him to delegate client work and hit the road.
4
Financial education must reach far beyond one-on-one advising
Even helping 200 families/year for 30 years only reaches ~6,000 households—tiny vs. tens of millions struggling.
The 25-state tour used pop-up events, brewery talks, and street interviews to broaden reach.
Free ebook “Six Simple Steps to Financial Freedom for Life” offered to listeners.

Intro

Tiffany interviews award-winning financial advisor Dimitry Neyshtadt about how culture shapes money mindsets and how he cut living expenses by full-time RVing across 25 states in 25 weeks.
Dimitry Neyshtadt, ChFC®, is founder of 90 Day Money Pro; he has advised 1,000+ clients over 10+ years and speaks nationwide on financial literacy.

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– Cultural Differences in Money Attitudes

Dimitry recounts immigrating from Belarus at age three; his parents faced years of paycheck-to-paycheck living and learned strict cash discipline.

My father… pays a lot of bills still in cash and handles his finances in a more… liquid cash way.
– Dimitry

Tiffany shares that her partner, new to the U.S., had never used credit—everything abroad was cash-based.

– The Scale of U.S. Consumer Debt

Consumer credit-card debt hit $3.1 trillion (June 2019); average indebted household carries ~$17 k.

A credit card is a 30-day loan. Don’t treat it like something different.
– Dimitry

Tiffany paid off her card the same day to avoid revolving balances; Dimitry’s client paid before leaving the mall parking lot.

– The Money Pro Tour & RV Living

Dimitry and French bulldog Brady visited 25 states in 25 weeks, giving talks and interviews from the RV.

My housing payment… is $565 a month… It didn’t have wheels; I couldn’t go anywhere.
– Dimitry

50 % of Americans still live within 50 miles of where they were born—road travel breaks that bubble.

– Why He Left the Desk for the Road

Even at 200 families/year, he could only reach ~6 k households in a career; tens of millions need help.

Minimalist RV life let him delegate clients and focus on broader financial-literacy outreach.

– Where to Find Dimitry & Free Resources

Available via link in bio at @90DayMoneyPro

All social handles, website, and YouTube recapped for listeners.

Resources

Topics

immigrant financescredit-card debtRV livingfinancial literacyminimalismroad tripconsumer culturemoney habitspodcast