Your Money Your Choices – The Money Q&A Podcast
Roth IRAs, CDs, stocks, insurance, your 401K . . .what are the right choices for your financial future? Your Money: Your Choices will clear out the cobwebs and confusion surrounding these concepts and more with clear and concise information.
You’ll hear tips and tools that you can put into action right now to help save your hard earned income in way that will protect your future for a healthy retirement. Whether you are a single mom or a father of five, “Your Money: Your Choices” will get you on track and put your money back in your control where it belongs!
Your Money Your Choices Episodes
(Click on an episode to see the show notes!)
- Episode #9 (6-24-13) – What Is Your Magic Retirement Number That You Need To Save?
- Episode #8 (6-10-13) – The Types Of Life Insurance Plans You Don’t Need To Buy
- Episode #7 (5-20-13) – Why Everyone Needs To Have A Will And An Estate Plan
- Episode #6 (5-6-13) – Increase Your Investment Return With Peer-To-Peer Lending
- Episode #5 (4-22-13) – Living Your Life And Completing Your Bucket List
- Episode #4 (4-8-13) – How To Incorporate Your Values Into Financial Planning
- Episode #3 (3-18-13) – You Need A Side Hustle To Earn Extra Income
- Episode #2 (3-4-13) – Conquering Your Debt With The Debt Movement
- Episode #1 (2-18-13) – Everyone Should Be An Entrepreneur
Show Notes for Your Money Your Choices
Episode #9 (6-24-13) – What Is Your Magic Retirement Number That You Need To Save? – According to the Employee Benefit Research Institute, only 42% of Americans have tried to calculate how much money they will need to save for retirement. Most of us have no idea what our retirement number that we need to save during our working life even is. It could be $1 million, $2 million, even much more. To make matters worse, only 14% of Americans feel confident that they will have enough saved by the time they reach retirement age for all of their needs in their Golden Years.
Join us as we talk to Todd Tresidder, who is a personal finance blogger and financial planner who specializes in retirement planning. He has written the book, “How Much Money Do I Need To Retire“ and is the publisher of the popular website, FinancialMentor.com. You won’t want to miss this great conversation where we dissect how much money you need to have for a nice retirement as well as why your financial planning assumptions may not be the most sound as you are planning your investments and how much to save. We also talk about how to find that ever elusive magical retirement number.
Episode #8 (6-10-13) – The Types Of Life Insurance Plans You Don’t Need To Buy – Very few people understand the true reason for buying life insurance policies. Many people have life insurance questions about their policies and do not know where to turn for the answers. There are so many planners and agents selling life insurance products that most people simply do not need. They often mistakenly buy life insurance as an investment, to pay taxes, build a nest egg, or even to leave a legacy. Most people often forget that life insurance is to protect your family from the sudden loss of income.
Join Hank Coleman as he talks on Your Money Your Choices about the life insurance policies you do not need and why you don’t want to buy them. Did you buy life insurance with your mortgage from your home lender? Do you have additional accidental death coverage? Have you ever thought of buying cancer insurance? You won’t want to miss this great conversation about the life insurance policies that you are wasting your money owning.
Episode #7 (5-20-13) – Why Everyone Needs To Have A Will And An Estate Plan – Over half of all young parents in America do not have a last will and testament. They often think they don’t need an estate plan, that it’s too expensive, or they just want to hide their heads in the sand and pretend they aren’t going to die. Baby Boomers are even worse about estate planning with over 40% of the generation neglecting to have a will.
This is just one critical tool in estate planning that everyone should have. Join us as we talk to Rob Aeschbach, who is a financial blogger and financial planner who is the publisher of the popular website, RobAeschbach.com. Rob is a former Marine and a no nonsense financial planner who gives it to you straight. You won’t want to miss this great conversation about how everyone should have a will and the other critical pieces of a basic estate plan.
Episode #6 (5-6-13) – Increase Your Investment Return With Peer-To-Peer Lending – Are you sick and tired of earning less than 1% on your savings accounts or money market funds? Government bonds are not offering much better in the way of rates of return either. But, peer-to-peer lending is allowing investors to act like a bank and invest in individual loans with people looking to repay debt, consolidate loans, pay for weddings, buy new cars, and much more. Peer-to-peer lending offers investors a larger rate of return than many other investment options.
Join us as we talk to Peter Renton, a financial blogger and peer-to-peer authority who is the publisher of the popular site, Lend Academy. Additionally, Peter is the author of “The Lending Club Story“. You won’t want to miss this great conversation about how to increase your rate of returns on your investments with peer-to-peer lending.
Episode #5 (4-22-13) – Living Your Life And Completing Your Bucket List – Do you have a bucket list? Do you have a list of goals that you want to complete before you die? I sure do. I have talked a lot about my 100 Goals Before I Die and trying to complete them. The problem is that most of us simply write out a bucket list and then make excuses as to why we haven’t check many items off it or any items at all for that matter. It doesn’t have to be that way though.
Join us as we talk to Adam Shepard who is the author of “One Year Lived“. He’s been featured in the New York Times, Christian Science Monitor, the New York Post, the Atlantic, on the Today Show, CNN, Fox News, NPR, 20/20, and others, talking about completing his bucket list. You won’t want to miss this great conversation about how to finally start checking off items on your bucket list.
Episode #4 (4-8-13) – How To Incorporate Your Values Into Financial Planning – There are so many aspects that go into your financial planning and making money decisions. It is more than just doing the math behind which tax strategy is better, whether to invest in a Roth IRA or a 401k, or which debts to pay off first. Your values play a large part in every aspect of your finances. How do you and you spouse interact with your money? How do you teach your children about properly handling money and financial responsibility?
Join us as we talk to Bruce Helmer, a financial advisor and the co-founder of the Wealth Enhancement Group in Minnesota. He is a speaker, radio show host, and the author of “Real Wealth: How to make smart money choices for what matters most to you“. You won’t want to miss this great conversation about how to add your family’s values back into your financial lives and the decisions you make.
Episode #3 (3-18-13) – You Need A Side Hustle To Earn Extra Income – It is hard to get ahead in today’s busy world and break out of living paycheck to paycheck by simply working at your 9-5 day job. You’ve got to increase your income. Far too many people simply focus on squeezing costs out of their family’s monthly budget, but if you really want to get ahead, break out of the cycle, and get rich, you need to increase your income. And, a side hustle is the best way to do that.
Join us as we talk to Jay Money one of the most popular personal finance bloggers around who runs the website, Budgets Are Sexy. Jay features an incredible series of articles on his blog about earning extra income with a side hustle. These are great and wacky side jobs. He’s also a serial entrepreneur with projects like Take Our Stuff, Love Drop, and many others. You won’t want to miss this great conversation about how to take your finances to the next level with a side hustle.
Episode #2 (3-4-13) – Conquering Your Debt With The Debt Movement – The most dreaded finance topic behind budgeting is debt. It’s because we have so much of it whether it is credit card debt, student loans, mortgages, car notes, and a host of other types of debt weighing us down.
Join us as we talk to Jeff Rose, Certified Financial Planner, author, popular personal finance blogger, and leader of the Debt Movement which strives to help people through a sense of community and education to pay off $10 million in 90 days. Find out why we are struggling with so much debt, what has been holding us back in paying it off, and how to finally get out from under that mountain of credit card and other consumer debt that is keeping you from accomplishing your financial goals.
Episode #1 (2-18-13) – Everyone Should Be An Entrepreneur – Financial riches aren’t unfortunately aren’t always made from diligent savings, matching 401k contributions, or increasing your Roth IRA investment every year. Riches are made by making something, building something, starting a business, and the like. There are very few things that help people reach their financial dreams like starting their own business.
Join us as we talk to Mary Kelly, an author of several books, professional speaker, college professor, and business consultant with a PhD in economics specializing in leadership and economic development who has written the book, 15 Ways To Grow Your Business In Every Economy, for small business owners and working stiffs alike. Find out how to finally get off the sidelines and start your own business even in today’s trying economy.