What do you do when you realize you've held onto a losing investment too long?
Those crazy banking fees....when a door closes banks open a window and collect EVEN BIGGER fees than they did the year before. How bad is it? We talk about squashing absurd fees and more with special guest Chris Peach from MoneyPeach.com.
In our FinTech segment, Joe talks to Raghav Sharma from Guidevine about how they help people find financial advisors. Would it make it easier to find your perfect advisor more quickly if you could find out more about them without
Have we been wrong all along? Are target date funds the way to go? CFP Judith Ward from T. Rowe Price funds joins us with some surprising data. It seems that T. Rowe Price 401k participants with target date funds were less likely to abandon their strategy during the last market downturn than those who didn't use target date funds. Judith shares other fascinating statistics about investor behavior as well that YOU can use to tweak your performance the next time volatility erupts.
Plus, in our headlines we cover more exciting news about FinTech products, as well as news that real estate portfolio managers think (shockingly) that you should own more of their stuff. On our Quotacy hotline call Adam asks whether he should own a broad index fund or one that is more narrow. We also talk Canadian real estate, have some magical trivia from Doug, and much more.
Why isn't your financial life headed in the right direction? Maybe it's that you've never talked through your beliefs about money and the inadvertent lessons you've picked up over the years? CFP Michael Kay stops by to talk about money messages and how we've gotten where we are today, AND how to change your money so that you feel far more rich.
In our headline segment we discuss 401k participant research AND a study about state friendliness toward small businesses. On the Quotacy hotline, we tackle a question from Jack asking whether he should accumulate savings or pay down debt. Doug shares some ducky trivia.
We have all of that AND still more on today’s podcast!
What is the best financial advice a graduate should hear? Dorethia Kelly from The Money Chat joins Greg McFarlane and Len Penzo to tackle exactly that topic and more. We also discuss Uber's plans to bring auto financing to the masses (and tips to buy a car), plus how to make debt disappear more quickly. As we do often, we juggle a ton of topics on this episode!
ALSO - with Father's Day this weekend, maybe you've decided that dad has enough ties. What about buying him stock? Dan Schatt joins us on our FinTech segment to tell us about Stockpile, a site where you can give dad shares of your favorite company, an ETF, and more. You can also buy physical gift cards from retailers. Now dad can actually get a gift that appreciates!
10% of our audience suffers from some form of depression. But whatever your disability, the key to a successful financial plan is to know yourself and create work-arounds toward success. Abigail Perry (ipickuppennies.net) joins us to talk about her keys to financial success.
In our headline segment we talk about the recent Canadian fire tragedy and the insurance nightmare some families are facing. On the Quotacy hotline Adelore has an estate planning question specifically for OG. We share a letter from JR asking about debt and a financial advisor's responsibility to teach people about how debts are repaid. There's also Doug's trivia and much more!
My mom's neighbor Doug joins in on the fun this week to help describe financial lessons learned from helping a friend run 100 miles! It was quite an accomplishment and there were a ton of parallels to great money management.
This week we tackle the biggest discussions you need to have with your future spouse BEFORE you tie the knot.
OG shares the secret of how he helps people save more money without breaking their budget. We also have breaking podcast news at the end of the episode! Find show notes at TheFreeFinancialAdvisor.com
In the episode, OG & I discuss how we were both horrible with money while in college. We learned many lessons, but today’s college-aged child needs to know about topics many parents didn’t confront. We describe the college landscape and how to help your child cope with financial complexity while in college.
Amanda Grossman (CVS Drugstore Game) and Barbara Friedberg (How to Get Rich) join Joe in the basement this week to discuss limiting beliefs that hold you back. Maybe it's time for a strategy to break through your limiting behaviors?
This week we bring you our commentary on OG’s scintillating student loan article. It’s 10 minutes of fun this Thursday to help get you through your week….and through your student loan debt!
Wonder why your investments don't perform as you'd hoped? This week we give you the Top 5 systems for better money management success.
Finally, another of our famous Top 5 lists! This time, OG & Joe tackle the Top 5 most overrated investments. PK discusses inflation. We give something away to a lucky listener. Find show notes at TheFreeFinancialAdvisor.com/episode39
Barbara Friedberg of BarbaraFriedbergPersonalFinance.com joins Joe this week as the rest of the team gets a well deserved week off. Find show notes at TheFreeFinancialAdvisor.com/episode37
Sarah Kirkish, professional organizer with Work Life Organization, joins us in the basement to talk about tracking your financial life.
Equally as important, powerful women invade the basement to discuss comments in a book by Facebook COO Sheryl Sandberg about women and careers. Are women selling themselves short? Tune in to hear!
Joe & OG talk about some surprising statistics from the Bureau of Labor Statistics about employment and education. We give you hints to give something away, and talk about Oz, The Great and Powerful.
Pat Flynn joins us in the basement to discuss Let / Go, his project around his inspiring journey from unemployed architect to web guru. Joe, OG and PK talk about the latest Dave Ramsey vs. the internet debacle.
We're all professional jugglers. We juggle a career or school, family duties, friendships, and somehow also manage money. How do we effectively manage money AND take care of everything else? Kimberly Palmer (author of the new book Smart Mom Rich Mom) joins us to talk about the pressure of parenting, managing the budget and earning a wage. When's the right time to have children?
In our headline segment we discuss John Oliver's latest stunt. On the Quotacy hotline, we tackle a question from Jamie about charitable giving. Doug shares trivia on working moms.
We have all of that AND still more on today’s podcast!
Everyone says that you should try to balance your life, but is that true? A recent Fortune article says that work-life balance is a lie. Is it? We ask our guests, author and CFP Mary Beth Storjohann (Work Your Wealth), blogger and podcaster Deacon Hayes (Well Kept Wallet), and Len Penzo (LenPenzo dot Com) that question!
Plus, we address the tooth fairy. How much money is enough? Finally, Mary Beth wrote a fantastic article about financial terms you need to know. We talk about a few and their importance in our panelist's lives.
A free frisbee changed Jason Vitug's life, sending him on a path of horrible decisions that later led him to some epic discoveries about himself and his ability to achieve. How? He's the author of the new book, You Only Live Once, a Road Map To Financial Wellness, and we'll talk with him about the frisbee, his bad-to-awesome decisions, and his belief that anyone can turn their life around by deciding it's time to do better.
It's a powerful interview.
Also! OG's baby has arrived (congrats OG family!) so Doug Goldstein from the popular Rich as a King podcast (and author of the Rich as a King book) sits in the co-host chair today. We tackle headlines about government statistics and about health care. Should you plan on much higher costs for health care during retirement? We tackle a question on the Quotacy hotline about reverse mortgages and a letter from the mailbag about finding a financial advisor. How do you look for one?