The Life Planning 101 Podcast

Aaron Kennedy, Sam Barker, and Brent Bible tackle America's $38 trillion debt, questioning whether the nation can grow out of it—or if corruption makes that impossible. From government investing and sovereign wealth funds to Bitcoin, AI, and lost freedoms, they explore how financial power and politics shape our future. Tune in for a candid, thought-provoking conversation on what it really means to live in a debt-driven economy.

Aaron, Sam, and Brent recap a steady week in the markets and why “boring” can be a good sign. They discuss ongoing negativity in the media, the freight recession that began in 2022, and how failures in trucking may actually lead to healthier pricing long term. They also explore changes in shipping, automation, and technology—like drones—along with recent interest rate moves and a spike in overnight lending tied to tax season. The conversation also touches on silver and gold demand, currency mistrust, and real-world examples of price arbitrage. To wrap up, they encourage listeners to get their risk right, keep some cash ready, and stay excited about future opportunities in a changing economy.

Inflation has made everything feel tighter—but there are ways to put money back in your pocket. In this episode, Angela shares five practical strategies to help you stretch your dollars without sacrificing your lifestyle: ✅ Reevaluate home and auto insurance ✅ Use credit card rewards wisely ✅ Make your cash actually earn interest ✅ Cut interest costs on existing debt ✅ Adjust your tax planning before 2026 hits Talk is cheap—action saves money. Tune in and start putting these ideas to work today!

In this episode, Aaron, Sam, and Kade discuss the current state of the market, investment strategies, and potential opportunities amidst market fluctuations. They emphasize the importance of having a buy list, reframing down markets as opportunities, and understanding the impact of AI on various sectors. The guys also touch on the risks associated with chasing markets and the significance of aligning investments with one's risk tolerance. Key Takeaways

Angela discusses the importance of estate planning, particularly focusing on the differences between will-based and trust-based plans. She emphasizes the significance of having a well-organized estate plan to ensure that your assets are distributed according to your wishes and to avoid complications for your family after you're gone. The episode aims to demystify the concept of trusts and help listeners understand whether a trust-based plan is necessary for their specific situation. Key Takeaways

In this episode, Angela discusses the importance of asset protection planning in today's litigious society. She emphasizes that anyone can be sued, regardless of their wealth, and highlights the need for preventative measures to safeguard one's assets. The episode aims to educate listeners on how to create a holistic asset protection plan to mitigate risks and live life on purpose. Key Takeaways

In this episode, Angela discusses the importance of truly wanting a successful retirement and being willing to make the necessary sacrifices to achieve it. She shares a personal story about her grandparents' disciplined approach to finances and uses an analogy of an elite pianist to illustrate the dedication required for success. Key Takeaways

In this episode of Black and White Market Minute, Aaron Kennedy and Sam Barker discuss the current state of the market and economy. They explore whether the market is in a bubble, considering factors like investment, productivity, and historical comparisons. They also touch on the potential impact of AI and energy on future growth.

On this week's episode, Angela discusses the importance of life insurance and addresses common misconceptions about its cost and coverage. She emphasizes the need to assess whether individuals are adequately insured, especially considering that many Americans are either uninsured or underinsured. The episode aims to educate listeners on making informed decisions about life insurance to protect their families' financial futures. Key Takeaways

In this episode, Angela discusses the importance of considering taxes and inflation when evaluating investment returns. She emphasizes that ignoring these factors can significantly reduce the real rate of return and impact long-term financial planning. She also touches on the potential financial challenges facing future generations due to factors like boomer spending habits, healthcare costs, and tax implications on inherited retirement plans. Key Takeaways

In this episode, Angela encourages listeners to reflect on their lives and consider whether they are living with purpose. She shares an unusual obituary as a starting point for reflection and challenges listeners to envision their own lives and legacies, urging them to take steps to align their actions with their desired stories. Key Takeaways

In this episode, Aaron and Kade discuss  the current market conditions, recent portfolio changes, and broader trends impacting investment decisions. Topics covered include the market's recent lack of volatility, the influence of sentiment on bubbles, the semiconductor industry's developments (especially Nvidia and ASML), changes in the portfolio such as selling Hershey's and trimming Costco, and a new investment in Rolls-Royce with its innovative approach to power generation and motor leasing. The conversation provides detailed reasoning for each portfolio move and insight into current financial trends and psychology.

In this episode, Angela discusses tax planning strategies for business owners considering transitioning or selling their business. She emphasizes the importance of proactive tax planning to maximize benefits and avoid common mistakes that could negatively impact the sale and future financial security. The episode outlines three critical 'don'ts' related to tax planning when transitioning a business. Key Takeaways

In this episode, Angela discusses costly mistakes business owners make when transitioning their businesses. She emphasizes the emotional aspect of business ownership and how it can lead to poor decision-making during the transition process. The episode focuses on three common mistakes: running on empty, building a honeybee business, and prioritizing everything, and provides tips for avoiding these pitfalls to ensure a successful transition and retirement. Key Takeaways Many business owners drive themselves too hard without planning for the future, leading to burnout, health issues, or even death, which forces them to transition their business under less than ideal circumstances. Waiting until a crisis occurs to plan for the transition often results in not getting top dollar for the business and a grimmer retirement outlook, both financially and physically. Business owners should start planning for their business transition now, regardless of their age, considering that they will eventually exit the business either vertically or horizontally. Business owners often create a "honeybee business" where every decision and approval must go through them, making the business unattractive to potential buyers or successors. Buyers are less likely to invest in a business that heavily relies on the owner, as it poses risks of instability and loss of customers or key employees after the owner's departure. Instead, business owners should aim to create a self-managing company, like a "Christmas tree," that can sustain and grow even in their absence. Business owners frequently prioritize everything in their business, living in the moment rather than strategically planning for the future and work-life balance. This approach can negatively impact the business, the owner's health, their family, and their future retirement. To avoid this, business owners should ensure their business is ready to transition or sell every quarter, giving them the choice to either keep growing it or sell it, and they should identify and address any gaps that prevent this from happening. Progress starts with honesty, especially with oneself, and business owners need to acknowledge the changes they must make to prepare their business for transition. If business owners want their business to be attractive and ready for transition, leave a lasting legacy, and retire successfully, they need to take action now. There are resources available to help business owners with this process, and they should take advantage of them rather than waiting until they are burned out and forced to make hasty decisions.

In this episode, Aaron Kennedy, Sam Barker, and Kade Sparger discuss the week's market activity, the potential impact of interest rate cuts, and the importance of financial literacy and legacy planning. They explore how different sectors respond to economic announcements and the changing landscape of investment risk appetite. The guys also touch on the potential of Bitcoin and the need for financial education within families.

In this episode, Aaron, Sam, Kade, and Henry discuss the psychological challenges of investing in individual stocks versus viewing oneself as an owner of a company. They delve into the importance of long-term investment strategies and analyze specific companies, Novo and Palantir, to illustrate the differences between stock trading and company ownership. The guys also touch on market trends, value investing, and the potential impact of AI on the economy.

In this episode, Angela discusses the importance of seeking sound advice and avoiding common pitfalls. She shares humorous anecdotes of bad advice and emphasizes the need to be cautious about the voices influencing our decisions. Angela highlights the significance of having a trusted team of professionals to address various aspects of life planning, including business, finances, and legacy. Key Takeaways

In this episode of Life Planning 101's Black and White Market Minute, Aaron Kennedy and Sam Barker discuss the potential impacts of tariffs, the performance of their stock strategies, and the valuation of companies in the current market. They also explore the implications of allowing Bitcoin in 401(k)s and the democratization of alternative investments.

In this episode, Aaron, Sam, and Henry discuss the irrationality and volatility of the market, particularly during earnings season. They highlight the disconnect between strong earnings reports and stock performance, emphasizing the influence of computer-driven trading and short-term investment strategies. The guys also share strategies for weathering market downturns and taking advantage of opportunities to buy quality companies at discounted prices.

Angela discusses common blunders people make when planning for or entering retirement. She emphasizes the importance of planning and avoiding mistakes that can jeopardize financial stability and overall well-being in retirement. The episode covers five key blunders and offers advice on how to avoid them. Key Takeaways

In this episode, Kade Sparger is joined by Aaron Kennedy and Sam Barker to discuss the market's recent all-time highs and the factors driving it. They touch on the impact of tariffs, tax policies, and the potential of AI and deregulation on economic growth. Aaron emphasizes the importance of long-term planning and not getting caught up in daily market fluctuations.

This week Angela continues the discussion on the One Big Beautiful Bill Act. This episode focuses on student loans, charitable gifting, new tax legislation for individuals, and new tax legislation for businesses and farmers. The aim is to provide a broad overview to prompt listeners to inquire about potential impacts on their financial situations. Key Takeaways

In this episode, Angela discusses the "One Big Beautiful Bill Act" and its implications for individuals, business owners, farmers, and ranchers. She provides an overview of the bill, focusing on key aspects such as permanence and stability in the tax code, student and child-focused provisions, charitable gifting, state and local taxes, and new tax legislation. Key Takeaways

In this episode of Life Planning 101's Black and White Market Minute, Cade Sparger is joined by Aaron Kennedy and Sam Barker to discuss the current state of the market and potential future trends. They analyze recent market performance, the impact of economic news, and the psychological factors influencing investor behavior. The speakers also delve into the implications of the recent "big, beautiful bill" and offer advice on personal finance strategies, including Roth conversions and disciplined spending.

In this episode, Aaron Kennedy and Sam Barker discuss portfolio management, specifically focusing on individual stock portfolios and the quality growth portfolio. They explore the decision-making processes involved in managing these portfolios, the impact of timing on returns, and the importance of diversification. The conversation also delves into the potential risks and opportunities presented by autonomous vehicles and their impact on the automotive and insurance industries.

In this episode, Angela discusses the implications of the SECURE Act and its amendments on retirement accounts, particularly when trusts are named as beneficiaries. She emphasizes the importance of reviewing trusts written before July 2024 to ensure compliance with the IRS's final RMD regulations and to avoid unintended tax consequences. The episode aims to educate listeners on the complexities of tax laws and the need for professional guidance in estate planning. Key Takeaways

In this episode, Aaron, Sam, and Kade discuss the impact of politics and tariffs on the market, the psychology of investing, and strategies for long-term financial success. They emphasize the importance of ignoring short-term political noise and focusing on long-term investment goals.

Here's the reality: financial literacy should be a required class in school—but for most people, it never was. And because of that gap, many of us are fumbling through adulthood, reacting to financial crises instead of preparing for them. This week we discuss 10 questions to jumpstart your financial literacy.

In this episode of Life Planning 101, Sam and Aaron discuss the market's reaction to recent geopolitical events, including the Iran-Israel conflict and China tariff deal. They also touch on the surprising rise of gold on national balance sheets and the potential impact of increased oil prices. At the conclusion of the episode, they share their outlook on the summer months and the overall health of the market.

In this episode, Angela addresses 18-year-olds and their parents about essential financial and legal considerations as they transition into adulthood. She emphasizes the importance of financial literacy and proactive planning to secure a stable future. The discussion covers medical and financial powers of attorney, building excellent credit, planning for the future, and investing in oneself through financial education. Key Takeaways

In this episode, Sam Barker and Aaron Kennedy discuss the recent market trends, focusing on the impact of news and emotional reactions on stock prices. They also touch on employment numbers and the shift in market drivers from traditional consumer-based indicators to technology-driven factors. It's important to stay calm and not make emotional decisions based on media influence.

In this episode Angela discusses the importance of having family meetings, especially as children grow older and move out. She emphasizes the need for proactive communication within families to address important life decisions, end-of-life wishes, and potential conflicts that may arise after a parent's passing. She also encourages families to have open and honest conversations to ensure continued harmony and support. Key Takeaways

This week Aaron and Sam discuss the current state of the market, inflation, interest rates, and potential impacts of government policies. They analyze recent economic data and offer insights into investment strategies for navigating the current financial landscape. They also touch on the national debt and potential future economic scenarios.

In this episode, Angela discusses the concept of "money scripts" and how our beliefs about money, often formed in childhood, can significantly impact our financial and overall health. Drawing from the work of Dr. Brad Klontz, a psychologist and certified financial planner, the episode explores four common money scripts and offers advice on how to identify and break free from negative patterns to achieve a healthier relationship with money. Key Takeaways

This week we discuss how to identify the root cause of stress in life and business. Think about your thinking and identify the one thing that, if changed, would significantly reduce your stress and improve your overall well-being. Key Takeaways

This week Angela discusses the complexities and risks involved in gifting significant assets to children, such as land or businesses. She emphasizes the importance of proper planning and professional advice to avoid costly tax consequences and unintended liabilities. The episode focuses particularly on the tax implications of gifting versus inheriting assets and the importance of understanding cost basis. Key Takeaways

This week Angela discusses the importance of intentional retirement planning compared to the time people spend planning vacations. She highlights the irony that people often invest far more time planning short vacations than their entire retirement, emphasizing the need for early and purposeful retirement preparation beyond just finances. Key Takeaways

This week we discuss essential life planning advice for parents and graduates facing the transition after high school or college. The episode covers practical financial knowledge, legal considerations, and ongoing parental support to help young adults successfully launch and sustain their independence.

This episode we discuss recent financial market trends, we focus on interest rates, market rebounds, and international trade dynamics. We analyze the implications of fluctuating interest rates on investments and consumer behavior, the role of Bitcoin and gold in global finance, and the ongoing trade negotiations with China. We also touch on the impact of tariffs, consumer spending power, and the importance of staying active in volatile markets.

This week, Angela discusses the current financial market volatility in April 2025, emphasizing the theme 'Faith Over Fear.' She explores how investors can navigate uncertainty by understanding the nature of investing, the composition of financial markets, and the importance of having a solid financial plan. Key Takeaways

About the Podcast

The water in life gets rough from time to time. When we take our eyes off of the horizon, we tend to suffer. And like being sea sick, you may feel that you probably aren't going to recover until your feet hit dry land. This week we share some tips to help you find peace during turbulent times.

Got a few minutes? This week Aaron, Sam, Brent, and Henry talk about what's going on in the market, tariffs, interest rates, and more.

This episode focuses on estate and legacy planning. Angela discusses the challenges of estate planning, including procrastination and complexity, and provides actionable steps to simplify the process using a structured approach. Key Takeaways

This episode delves into financial topics such as market volatility, private investments, and portfolio diversification. Aaron, Sam, Brent, and Henry discuss current market conditions, inflation, private equity, and debt, offering insights into investment strategies and opportunities in private markets. Key Takeaways

Like the title of a James Bond movie, we live in a day and age where it can seem like there is no time to die. There seems to be so many obligations that need our attention. Do you care about your family? Then you don't want to miss this week's episode of Life Planning 101.

Aaron Kennedy is joined by Sam Barker, Brent Bible, and Henry Knowles this week to talk about interest rates, market performance, international investments, and investment strategies. The team provides insights into current market conditions, the importance of diversification, and lessons from past investment decisions. Key Takeaways

This episode features Rich Hall, a certified exit planning advisor, discussing the importance of preparing businesses for sale. The conversation focuses on the challenges business owners face when selling their companies, the need for proper exit planning, and strategies to ensure a successful transition while aligning with personal and financial goals. Key Takeaways

Aaron Kennedy is joined by Sam Barker, Brent Bible, and Henry Knowles this week to talk a little about the markets, interest rates, what they're looking at right now, and more. You don't want to miss this. Do you have questions or suggestions for future episodes? Feel free to reach out to us at: www.kennedy-financial.com.

This week, Angela discusses key financial and legislative updates, including the Corporate Transparency Act, Social Security Fairness Act, Secure Act 2.0, the impact of executive orders on financial markets, and more.   Key Takeaways

Recently I was speaking with a client about how important it is to take preventative measures in regard to health - eating right, exercising, and taking the right supplements. It is just as important that we take preventative measures in regard to our finances - planning for the worst-case and best-case scenarios, exercising good financial habits, and revisiting your plan on a regular basis to make necessary changes.