Your Money Minute by Financial Finesse

For our final episode we thought we’d leave you with some of our favorite tips from the last 46+ episodes. (Nearly 3 years!) For show notes and resources visit: http://www.getfinancialfinesse.org/?p=2270

In this month's show: In our final installment of Extreme Retirement Planning, Jonathan shares his 4 tips to saving even when you have to spend money. For show notes and resources visit: http://www.getfinancialfinesse.org/?p=2262

In this month's show: Nancy continues her discussion with Extreme Saver, Jonathan Fogel. He offers tips on how he's able to save up to 75% of his salary. For show notes and resources visit: http://www.getfinancialfinesse.org/?p=2255

In this month's show: The average U.S. personal savings rate sits at around 5% of income. Is it possible, then, to somehow save 75% of your income? Jonathan Fogel seems to think so, and in this first part of the interview he shares why and how he's able to do it. He talks about what you'll be getting later in life (time and freedom) by giving up some of things now (material things). This concept applies, at different degrees, to everyone who is saving, or thinking about saving, for their retirement. For show notes and resources visit: http://www.getfinancialfinesse.org/?p=2251

In this month's show: Nancy and Alan discuss five things pre-retirees should consider to help them make a successful transition from working life into retirement. For show notes and resources visit: http://www.getfinancialfinesse.org/?p=2248

In this month's show: The final part of Nancy's and Kathy's discussion about 3 important things the average person needs to know about investing for retirement. Don't get caught up in fear or greed or let magical thinking get in the way of normal, reasonable decision making and planning. And, don't forget to listen to episodes 39 and 40 for parts 1 and 2 of this series if you haven't done so already. For show notes and resources visit: http://www.getfinancialfinesse.org/?p=2220

In this month's show: Kathy explains that fees also come with a double whammy, the "lost opportunity" cost of the fees paid--because you could have invested the money instead! Here is an example: You have $90,000 invested and add your annual contribution of $10,000 over 20 years using a 9% rate of return with management fees of 2.2% per year. Verdict? You'd have over $267,000 less in the high fee account than in an index fund with the same return and fees of only 0.2% per year. For show notes and resources visit: http://www.getfinancialfinesse.org/?p=2220

In this month's show: Nancy and syndicated personal finance columnist Kathy Kristof discuss the 3 most important things the average person needs to know about investing for retirement--beginning with knowing your purpose for investing. For show notes and resources visit: http://www.getfinancialfinesse.org/?p=2220

In this month's show: Teaching kids about money at an early age helps ensure that they'll learn the right habits so they don’t make avoidable mistakes that could be disastrous when they’re adults. Mary explains how to teach kids to develop good habits to save, spend and share their money. For show notes and resources visit: http://www.getfinancialfinesse.org/?p=2213

These days, the Internet is probably the first place people look when searching for a home to purchase. Author and real estate expert Ilyce Glink (ThinkGlink.com) gives us some important dos and don’ts for using the Internet while shopping for and checking out a home. For show notes and resources visit: http://www.getfinancialfinesse.org/?p=2203

Guest Jeff Klusek shares his unique perspective, as a recent graduate and financial expert, on ways to pay for college and keep from starting your working life with more debt than you may be able to handle. For show notes and resources visit: http://www.getfinancialfinesse.org/?p=2191

Why are we all so financially illiterate? One reason may be that financial education has not kept up with the pace of increasing financial complexities. In this month’s episode Dr. Lusardi discusses the state of financial literacy in America and suggests some ways that we can all become more financially capable. For show notes and resources visit: http://www.getfinancialfinesse.org/?p=2164

Danielle Aguiar shares an experience about how her son delayed making a major purchase for himself, which set him up to make the best buying decision possible. She also shares a tip to teach your own kids about delaying gratification for their benefit. For show notes and resources visit: http://www.getfinancialfinesse.org/?p=2125

If you’ve seen the ads on TV about selling your gold for cash then you know how enticing it sounds, but are you really getting your money’s worth? This month, Garrett Jay outlines five simple steps to determine what your gold may really be worth and a few considerations you should think about so you can get the best deal. For show notes and resources visit: http://www.getfinancialfinesse.org/?p=2074

In this month's show: Jeff Kosola joins us again to share some cash management tips and ways to save money on everyday things. For show notes and resources visit: http://www.getfinancialfinesse.org/?p=1969

In this month's show: Nancy discusses with Ilyce why your credit history and credit score are so important and how you can keep it correct and up to date. For show notes and resources visit: http://www.getfinancialfinesse.org/?p=1915

In this month's show: Nancy and Robert discuss ways to use your free time (the time when you're not working or sleeping) to begin creating purpose and possibly wealth to help fulfill your personal and financial dreams.For show notes and resources visit: http://www.getfinancialfinesse.org/2010/08/ymm30-maximize-your-spare-time-to-fulfill-your-dreams-august-1-2010/

In this month's show: Nancy interviews Jeff Kosola, who decided one day to get out of his over $100,000 in debt. Starting May 2009, being motivated and by taking a second job he is now over 40% of the way there (as of June 2010). For show notes and resources visit: http://www.getfinancialfinesse.org/2010/06/ymm29-win-your-battle-against-debt/

In this month's show: Nancy and Ilyce talk about current home buying opportunities and smart ways to take advantage of them. Ilyce is the author of Buy, Close, Move In and she owns and operates ThinkGlink.com, a web site to learn about real estate and other personal finance topics. For links to resources visit: http://www.getfinancialfinesse.org/ymm/enclosure/your-money-minute_28.mp3

In this month's show: Nancy discusses the finer points of and differences between credit counseling and debt settlement programs with the Executive Director of the non-profit organization, Consumer Credit and Budget Counseling. For links to resources visit: http://www.getfinancialfinesse.org/2010/05/ymm27-credit-counseling-savior-or-scam/

In this month's show: Nancy and Erik discuss three easily avoidable common mistakes people make when preparing their taxes and what to do if you've made a mistake and have already filed. For links to resources visit: http://www.getfinancialfinesse.org/2010/04/ymm26-3-common-easily-avoidable-tax-preparation-mistakes-april-1-2010/

In this month's show: It would be nice to think that you could take money out of your retirement in case of a financial emergency, but tax law doesn't always agree with what we might consider a financial hardship. Greg and Nancy discuss "what is a hardship withdrawal" and possible alternatives you may have if you don't qualify. For links to resources visit: http://www.getfinancialfinesse.org/2010/04/ymm25-the-hard-truth-about-hardship-withdrawals-march-1-2010/

In this month's show: Nancy and Liz discuss tried and true ways to make your New Year’s resolutions stick. Liz gives practical tips on revising your resolutions and making it easy to keep them. For links to resources visit: http://www.getfinancialfinesse.org/2010/04/ymm24-making-your-financial-new-years-resolutions-stick-february-1-2010/

In this special edition show: As parents we want what's best for our children and to protect them from harm; this includes making their money choices for them. Nancy and Danielle discuss why sometimes though, it's better to let our children make their own decisions and mistakes with their money. Danielle Aguiar explains how to use four concepts: power, freedom, fun and belonging, to teach your tween or teen financial responsibility that will help them for a lifetime. For links and resources visit: http://www.getfinancialfinesse.org/2010/04/ymm23-special-edition-for-parents-four-essential-components-for-your-tweenteen-to-be-money-wise-for-life-january-1-2010/

In this month's show: Nancy and Linda discuss some viable options when you're "underwater" on your mortgage and how the Making Home Affordable program may be able to assist you. For links to resources visit: http://www.getfinancialfinesse.org/2010/04/ymm23-drowning-in-your-mortgage-%E2%80%93-what-are-some-options-january-1-2010/

In this month's show: Greg tells us about a special opportunity in 2010 for Traditional IRA holders as well as some strategies to help take advantage of the potential long-term tax benefits of converting to a Roth IRA. For links to resources visit: http://www.getfinancialfinesse.org/2010/04/ymm22-roth-conversion-%E2%80%93-window-of-opportunity-in-2010-december-1-2009/

In this month's show: Great shares some strategies for overcoming the feeling of being overwhelmed by too much financial information by taking a step back and getting down to basics. For links to resources visit: http://www.getfinancialfinesse.org/2010/04/ymm21-drowning-in-too-much-information-%E2%80%93-a-handy-guide-to-financial-planning-november-1-2009/

In this month's show: Bruce's recommendation: Start with what do you want to do with your money, work backwards to create your budget from there and keep it up to date to stay on track. For links to resources visit: http://www.getfinancialfinesse.org/2010/04/ymm20-beyond-the-basics-do-more-with-your-money-october-1-2009/

In this month's show: We have Robert Pagliarini back, the bestselling author of Six-Day Financial Makeover and the free e-book Plan Z: How to Survive the 2009 Financial Crisis (and Even Live a Little Better). Nancy and Robert discuss Robert’s unique PERK system, a fun and easy way to put budget together. Sneak peek: PERK stands for Postpone, Eliminate, Reduce and Keep. For links to resources visit: http://www.getfinancialfinesse.org/2010/04/ymm19-a-better-way-to-budget-september-1-2009/

In this month's show: Our special guest this month is Robert Pagliarini, bestselling author of Six-Day Financial Makeover and the free e-book Plan Z: How to Survive the 2009 Financial Crisis (and Even Live a Little Better). Nancy and Robert discuss whether or not your finances could be in the "Danger Zone" in this current economy and what you can do to move yourself into the "Safe Zone" and position yourself to better ride out our current economic storm. For links to resources visit: http://www.getfinancialfinesse.org/2010/04/ymm18-are-your-finances-in-the-danger-zone-august-1-2009/

In this month's show: This is the second part of our interview with special guest, Jim Pavia, the editor of Investment News. Nancy and Jim discuss what to look for in selecting a financial advisor. For links to resources visit: http://www.getfinancialfinesse.org/2010/04/ymm17-things-to-know-when-looking-for-a-financial-adviser-july-1-2009/

In this month’s show: Nancy and Bruce discuss how to deal with and adapt to the changing credit climate. For links to resources visit: http://www.getfinancialfinesse.org/2010/04/ymm16-adapting-to-the-changing-credit-climate-june-1-2009/

In this month's show: We have a special guest, Jim Pavia, the editor of Investment News. Jim explains what Ponzi schemes are, what to look for, and how to avoid them. For links to resources visit: http://www.getfinancialfinesse.org/2010/04/ymm15-what-is-a-ponzi-scheme-may-1-2009/

In this month's show: Bruce Young discusses how to keep an even keel when investing, especially in a volatile market, by leaving your emotions out of the equation. For links to resources visit: http://www.getfinancialfinesse.org/2010/04/ymm14-taking-the-emotion-out-of-investing-april-1-2009/

In this month's show: Gary discusses some ways to deal with creditors and what options you have to deal with your debt. For links to resources visit: http://www.getfinancialfinesse.org/2010/04/ymm13-dealing-with-serious-credit-card-debt-march-1-2009/

In this month's show: Linda shares five strategies for improving your long-term finances during tough economic times. For links to resources visit: http://www.getfinancialfinesse.org/2010/04/ymm12-five-smart-money-moves-february-1-2009/

Happy New Year! In this month's show: Our guest, Garrett Jay, shares some ideas on how teach your kids about the value of a dollar. For links to resources visit: http://www.getfinancialfinesse.org/2010/04/ymm11-teaching-kids-to-be-money-smart-january-1-2009/

Linda shares some creative ways to earn extra income that (mostly) doesn't involve getting a second job. For links to resources visit: http://www.getfinancialfinesse.org/2010/04/ymm10-earning-extra-income-december-1-2008/

Garrett Jay shares five easy ways to save money this holiday season (and any other season). For links to resources visit: http://www.getfinancialfinesse.org/2010/04/ymm9-how-to-have-a-happy-holiday-without-going-broke-november-1-2008/

In this month's show: Nancy and Bruce discuss some strategies to deal with your lender if you're getting behind on your mortgage payments. For links to resources visit: http://www.getfinancialfinesse.org/2010/04/ymm8-tips-for-avoiding-foreclosure-october-1-2008/

In this month's show: Diane and Nancy share some creative ways you can incorporate saving money in your daily life. For links to resources visit: http://www.getfinancialfinesse.org/2010/04/ymm7-managing-cash-flow-september-1-2008/

In this month's show: We discuss three common myths regarding your credit score and provide two valuable tips on how to improve it. For links to resources visit: http://www.getfinancialfinesse.org/2010/04/ymm6-credit-myths-de-bunked-august-1-2008/

In this month's show: The great debate. Greg's reasons for choosing to start saving in his 401(k): * Start early and take advantage of compounded interest. * Easy to save using payroll deduction. * Your employer may match your contributions. * It is portable - take it with you to your next job! Nancy's reasons for choosing to buy a home: * If you are going to stay put for a long time, say 5 - 10 years, you build equity. * You fix your future housing costs. *Instead of paying rent, your mortgage payment builds your financial future! For links to resources visit: http://www.getfinancialfinesse.org/2010/04/ymm5-long-term-savings-debate-buy-a-home-or-save-for-retirement-july-1-2008/

In this episode, our financial planners discuss who needs a will (we think everyone) and things to consider when thinking about your beneficiaries. For links to resources visit: http://www.getfinancialfinesse.org/2010/04/ymm4-do-i-really-need-a-will-june-1-2008/

In this episode we have Linda Robertson back to tell us about a car buying experience she’s had. We discuss if it makes sense to buy used instead of new; what are the pros and cons? For links to resources visit: http://www.getfinancialfinesse.org/2010/04/ymm3-what-you-should-know-before-buying-a-new-or-used-car-may-1-2008/

In this episode we looked at a plan for paying off your credit card debts by finding some extra money to pay more than the minimum monthly payment to your credit card with the highest interest rate. As each card is paid-off, take those payments and add it to the payment for the card with the next highest interest rate. Go to the web site for links to the resources: http://www.getfinancialfinesse.org/2010/04/ymm2-the-most-effective-way-to-reduce-your-debt-april-1-2008/

In our inaugural episode financial planner Bruce Young shares an experience he had with identity theft and some tips on how to prevent it from happening to you. Show notes at: http://www.getfinancialfinesse.org/2010/04/ymm1-tips-to-keep-identity-thieves-at-bay-march-1-2008/