Dollars & Common Sense

A discussion of the deep psychological feelings and emotions that money evokes. This includes strategies and applications to help overcome negative biases and take advantage of the positive vibes.

Financial conflict is often sited as one of the main reasons for divorce in the United States. In this show, we tackle the highly sensitive topic of combining finances during marriage. We discuss the best way to set up bank accounts, how to develop a shared budget, how to treat income/debt disparities, how to plan long-term goals together, and more.

What is behind one of the fastest and sharpest drops of the US stock market, putting the decline in historical context, and investment actions you should take now.

Most people who work with a financial advisor don't have a comprehensive list of specific financial goals. That's ok. A good financial advisor will help draw those goals out of you and incorporate them into the planning process. Here, we discuss many of those common financial goals to help stimulate your thoughts and give you some ideas you can use.

A variety of listener calls start us off then we roll into ways you can enhance marital satisfaction by creating healthy financial habits.

We've all got 'em. From accumulating too much credit card debt, to making large impulse buys, to overspending on a home, or failing to save early enough, financial regret comes in many forms. In this show, we talk about the most common regrets and what you can do to avoid them.

A high-level overview of the Social Security program. In this show, we discuss why the program was created, how it's funded, what types of benefits are available, and the future viability of the program.

Episode #2 -- Key financial planning ages, asset & debt considerations, and tax planning items to be aware of as we enter the new year. General steps and guidance to set you up for financial success throughout the year.

Episode #1 -- Personal & life items, cash flow issues, and asset & debt consideration to be aware of as we enter the new year. General steps and guidance to set you up for financial success throughout the year.

Issues to consider and moves you can make before year end regarding investments, tax planning, and cash flow to enhance your financial situation.

Show callers help shape the agenda as we discuss ways to maximize giving opportunities during the holiday season.

A deep dive into the benefits of Roth IRAs and the potential massive tax savings that can result from Roth IRA conversions.

How to use credit and debt effectively to enhance your finances. We explain different types of credit, do a deep dive on credit reports and credit scores, discuss how to use credit to your advantage, and ways to stay out of bad debt.

The second segment of a two-part show. Determining retirement income needs, identifying sources of income, and then creating a retirement income plan for maximum impact.

The first segment of a two-part show. Determining retirement income needs, identifying sources of income, and then creating a retirement income plan for maximum impact.

How does identity theft happen, how can you prevent it, and what to do if you're a victim.

This show, we do a deep dive on reverse mortgages. Once a much maligned financial product -- and for good reason -- they are now a very viable and beneficial financial planning tool.

Short, bite-sized truisms about money to help you build a solid financial foundation and build wealth over time.

This is the annual discussion of one our most popular podcasts -- prioritizing the right savings vehicles to maximize your net worth. It's starts with an emergency fund and ends with a traditional brokerage account, but there are a whole lot of options in between.

Estate planning is an important component of comprehensive financial planning. In this episode, we discuss why estate planning matters, the key components of a complete estate plan, and the pitfalls of a poorly crafted (or non-existent) estate plan.

The different perspectives on Financial Independence, it's importance, how to achieve it, and some potential pitfalls to keep in mind.

Steps you can take year-round to lower your annual tax bill and keep more money for yourself.

Long Term Care - What is it, how is it delivered, types of facilities, and how to plan and pay for it.

A recent survey shows that about one-third of the US population has nothing saved for retirement. Of those who have something saved, most have less than $100,000. We discuss this low rate of retirement savings, how you can improve your savings rate, and tell a success story of a client who started with nothing.

Wealthway Financial Advisors investment management philosophy and principles are explained in detail. Money is purchasing power and its value is relative. Stocks are a superior and safer long term investment than bonds. But investors must accept more short term variations in the price of stocks than bonds. Building a solid investment portfolio comes after goals are established and a plan is devised.

This week, we have a show full of listener calls. Hear real life scenarios from people who need help maximizing their financial resources. Kevin discusses what to do with a large windfall, how to find an experienced, ethical financial advisor, encourages a listener to build his dream home, and advises a single person on how to think about wealth accumulation and potential long-term care expenses.

Americans are living longer, which means the concept of retirement is evolving. In this episode, we discuss what modern retirement looks like, how you can best prepare, and techniques to help you age well.

For a variety of reasons, many people like to know how they stack up. This show, we talk about how to calculate and measure wealth so you can see how you compare.

A recent survey found that 82% of Americans regretted a financial decision in 2023 -- and 68% of those said their mistakes caused them significant stress. We discuss those regrettable financial moves and how to avoid them in 2024.

More great tips and useful strategies pertaining to investment management, debt usage, and credit history to set you up for success this year.

A variety of listener calls with real life financial planning concerns make up the majority of this show. Kevin answers questions and provides guidance on Inherited IRAs, uses for home equity, Required Minimum Distributions, Qualified Charitable Distributions, and a thorny family estate planning issue.

The personal, cash flow, asset & debt, tax, insurance, and legal issues to consider to get 2024 started right.

Financial moves you can make now to enhance your financial situation before year end.

Financial moves you can make now to enhance your financial situation before year end.

By understanding how and why people deviate from rational expectations, behavior finance provides a blueprint to help us make better, more logical financial decisions.

How to draw income from your investments to make sure your money lasts as long as you do.

The elements that comprise a professional-grade, comprehensive financial planning engagement.

How to get creative with charitable giving to help yourself while you help others.

The proper and efficient use of insurance to maximize and protect your net worth.

The importance of a complete estate plan and how to create one.

How to design, build, and manage a growth-oriented investment portfolio.

How does the stock market work, what are we really investing in, why is it so important to our financial security?

Common retirement misconceptions and how to overcome them.

Financial Wellness -- what is it, how to get it, and how to keep it.

Key retirement planning milestones.

What is an Estate Plan & who needs one?

What is credit? How does it work? And how can you manage your credit score?

Now that interest rates are on the rise, we are starting to see bank rates increase. Listen to learn where to keep your emergency bank funds based on your time horizon and liquidity needs.

Kevin & Allison give their take on the bank crisis and FCID insurance, then tackle some common investing myths.

How to prioritize savings strategies to grow your wealth fast!

Money issues are the second leading cause of divorce in America. Listen to our thoughts on how to avoid money conflicts in your marriage.