Podcast appearances and mentions of amy irvine

About the Guest(s):Amy Irvine is a seasoned financial planner and the founder of Rooted Planning Group. With years of experience in wealth management, Amy has been instrumental in guiding her clients towards financial success through strategic planning and personalized advice. Her passion for broadening the representation of women in financial planning has been a driving force behind her career. Amy is well-versed in creating inclusive, team-focused environments that emphasize holistic financial well-being.Becky Eason is an integral team member at Rooted Planning Group, who began her journey as an intern and has grown significantly within the company. Equipped with a solid academic foundation and a strong desire to learn, Becky contributes to the operational and client-based aspects of the firm, showcasing her dedication to personal growth and team success.Episode Summary:In this engaging episode of Money Roots, Amy Irvine offers a candid glimpse into the journey of her company, the Rooted Planning Group, from its formative years to its present-day status. Initially named Irvine Wealth Planning Strategies, Amy recounts the significance of renaming the firm to reflect its evolution and collaborative team dynamic better. Along with Becky Eason, Amy dives into the intricate process of building and sustaining a well-rounded business culture that not only supports growth but prioritizes emotional and personal development for both team members and clients.Throughout the discussion, Amy emphasizes the importance of maintaining a balance between personal and professional life. Her reflections on time spent in Scotland highlight the necessity of mental breaks for rejuvenation and innovation. Amy underscores the critical role culture plays in team success, advocating for an environment where curiosity is encouraged and inclusivity is inherent. By sharing her experiences, Amy provides valuable insights for business owners and aspiring entrepreneurs looking to forge their paths with resilience and adaptability.Key Takeaways:Emotional Impact of Rebranding: Amy describes the bittersweet emotions involved in changing her firm's name, reminiscent of a parent's feelings when their child leaves for college.Team Dynamics and Growth: As the company grew, Amy recognized the need for a brand and culture reflecting teamwork and inclusivity, moving beyond a singular focus on her leadership.Importance of Cultural Fit: Hiring decisions at Rooted Planning Group prioritize cultural fit and adaptability, ensuring a harmonious and effective work environment.Balancing Work and Personal Life: Amy shares her strategies for creating personal space, emphasizing the importance of physical activity in providing mental clarity and creativity in business.Inclusion and Well-being: Acknowledging different perspectives is crucial, and Amy's approach to company culture includes ongoing conversations about personal and collective well-being.Notable Quotes:"As we were growing... I learned that culture needs to be protected, and having the right people as part of the culture is so much more critical and important.""We're one of those firms that, like, pivots. We pivot often.""I very much enjoy being outdoors, and I really love when I'm walking up a hill.""We can't talk about inclusion without talking about well-being.""No journey is a straight line... being nimble, I think, is probably the number one characteristic important when you're a business owner."Resources:Explore more about the Rooted Planning Group and the financial services they offer on their official...

Featured special guest internationally known man of the universe PiMo to discuss books that altered the course of his life and the state of literature in the context of the simulation in which we seem to be living Books discussed: - On the Loose by Renny and Terry Russell - A Tolkien Bestiary by David Day - Abundance by Ezra Klein and Derek Thompson - Why Empires Fail by John Rapley and Peter Heather - Monkey Wrench Gang by Edward Abbey Upcoming May events mentioned: - Roger Ramsey - D Jean Baptiste - Roderick Nash - Maggie Dewane - Donald Clark - Mark Sundeen, Craig Childs, Amy Irvine

About the Guest(s):Amy Irvine is the CEO and founder of Rooted Planning Group, a financial planning firm tailored to providing holistic and innovative financial solutions. With over 20 years of experience in the financial industry, Amy has traversed roles across trust companies, the fiduciary sector, and a credit union's investment management division. A graduate in accounting, she later received her bachelor's degree in financial planning and pursued further education to earn the CFP designation. Recognized for her expertise and commitment to client-centric service models, Amy is particularly passionate about helping Gen X professional women with complexity in their financial planning needs.Kate Welker is a significant member of the Rooted Planning Group, closely working with Amy Irvine. Her professional journey is interwoven with Amy's as they both have a history of academic and professional encounters. Kate interviews Amy, ushering a deep dive into Amy's entrepreneurial evolution.Episode Summary:In this engaging episode of "Money Roots," Amy Irvine, the CEO and founder of Rooted Planning Group, flips the interview script as she becomes the focal point of an inspiring entrepreneurial chronicle. This special episode opens a window into Amy's unique journey from her early days in accounting to establishing a transformative financial planning firm. Presented through an insightful dialogue with her colleague, Kate Welker, listeners are taken on a decade-long journey illustrating Amy's transition into entrepreneurship, characterized by resilience, strategic pivots, and a client-centric vision.Embark on a captivating exploration of Amy Irvine's professional voyage where she recounts her gradual shift from the corporate structure to founding Rooted Planning Group in 2015. Tapping into her diverse experience across trust companies and a credit union, Amy articulated a business model to serve underserved demographics, notably Gen X women. Her venture met challenges, particularly the financial strains and the emotional burdens of evolving her business in an industry heavily reliant on asset management. Through candid anecdotes, Amy sheds light on the lessons learned, the initial struggles, and the pivotal moments, ultimately paving the way for Rooted Planning Group's successful establishment and continued growth.Key Takeaways:Amy Irvine shares her transition from working within established firms to launching Rooted Planning Group and maintaining its client-centered approach to financial planning.The initial years of entrepreneurship were marked by financial constraints and emotional struggles, where Amy and her family embraced a minimalist lifestyle to support the business.The decision to charge a flat fee was made to cater to Gen X professional women, offering financial planning services without asset-based fees.Amy stresses the importance of managing both the fear of failure and planning for potential success when launching a new business.Key moments in Amy's journey illustrate the necessity of resilience and adaptability in overcoming unexpected challenges and learning from diverse professional experiences.Notable Quotes:"I loved what I did, but I didn't love how I was doing it.""What's the worst that's going to happen? You're going to have to go get a job.""We thought we had said enough side. But in reality, oh gosh, we really didn't.""It forced me to go down this path of...actually starting her absolute own firm.""I wanted this business model to succeed because I believed in it."Resources:Rooted Planning Group - Official website to learn more about the services offered by Amy Irvine's financial planning...

Clay's conversation with Amy Irvine, the author of the 2018 book Desert Cabal: A New Season in the Wilderness. Ms. Irvine published the book on the 50th anniversary of Edward Abbey's blockbuster Desert Solitaire: A Season in the Wilderness. Desert Cabal is a careful and nuanced conversation with the late Edward Abbey, who died in 1989. Wasn't his romance with the wilderness the benefit of white privilege? And wasn't he mostly pretending he was alone in that windblown trailer at Arches National Park? Amy Irvine believes that the wilderness is healing in every way and that America's National Parks, Monuments, Forests, etc., are endangered by the agenda of the Trump administration. She sees hope in finding people to trust, care for, and rebuild America by living well but also protesting in the streets when necessary.  Interview recorded March 19, 2025.

About the Guest(s):Amy Irvine is the CEO and founder of Rooted Planning Group. With extensive experience in the financial planning industry, Amy is passionate about providing education that makes finance approachable and understandable. Her work focuses on helping individuals create and sustain healthy financial futures through diversified and balanced financial strategies. She is known for her engaging communication style and commitment to empowering listeners with practical, real-world financial advice.Episode Summary:Join us in this enlightening episode of Money Roots, where Amy Irvine delves into the turbulent nature of recent financial markets, aptly titled "Whiplash." Recorded on April 16, 2023, Amy explores how the recent global trade tensions, particularly with China, have been affecting market stability and investor confidence. Highlighting the importance of a diversified financial portfolio, she balances the conversation between defensive and offensive strategies to navigate challenging economic climates.In discussing financial strategies, Amy emphasizes the importance of maintaining a long-term investment horizon, explaining how portfolios tailored towards financial goals necessitate a balance between risk and opportunity. She stresses that while stock market volatility might be nerve-wracking, it also presents lucrative opportunities for patient investors. With a wealth of historical insights, Amy offers a deeper understanding of the current economic situation, providing listeners with tools to thrive financially despite market uncertainties. Her analysis is rounded off with actionable advice on leveraging market conditions to bolster one's financial strategy.Key Takeaways:Diversification is Key: Amy emphasizes having a well-balanced and diversified portfolio to weather different market conditions.Long-Term Perspective: Maintaining a long-term investment horizon helps mitigate short-term market volatility.Opportunistic Investing: Volatility can provide attractive investment opportunities, underscoring the importance of being strategically prepared.Financial Resilience: Balancing defensive and offensive financial strategies is crucial in uncertain economic times.Market Historical Insight: Understanding past market reactions to global events can aid in better financial planning and decision-making.Notable Quotes:"A winning strategy always requires a combination of both offense and defense.""Periods of market uncertainty may be unpleasant, but they are also often the best time when asset price valuations are most attractive.""The goal is not simply to grow a portfolio at the fastest, most volatile rate, but to have the highest possible probability of achieving your financial goals.""By extending your time horizon by even just a few years, you can have a significant impact on the range of outcomes.""Markets have weathered similar challenges in the past, and it's crucial to maintain perspective as long term investors."Resources:Rooted Planning Group: Website Volatility and Staying Invested Image Dive into this important episode to enhance your financial acumen and stay engaged with Money Roots for more insightful discussions. Follow us on your favorite podcast platforms and social media channels to cultivate a thriving financial journey.

About the Guest(s):Amy IrvineAmy Irvine is the CEO and founder of Rooted Planning Group, a firm dedicated to providing personalized financial planning advice. With years of experience in the financial industry, Amy has established herself as an expert in guiding individuals and businesses through complex financial landscapes. Her work focuses on practical and sustainable financial strategies, emphasizing the long-term growth potential of her clients' financial futures. Amy is a sought-after speaker and educator in financial planning, known for her approachable and educational insights into personal finance and economic cycles.Episode Summary:Dive deep into the intricate world of financial planning in this compelling episode of Money Roots. Join host Amy Irvine as she unveils the often-overlooked importance of business cycles and their influence on personal finance strategies. With economic uncertainty looming, now is the perfect time for a refresher on the fundamentals that underpin our financial decisions. Amy shares her expert insights on how to navigate market fluctuations and make informed choices, whether you're an investment novice or a seasoned financial planner.This episode begins by defining the business cycle and its phases—expansion, peak, contraction, and trough—and how these stages relate to economic indicators like GDP and unemployment. Amy emphasizes the challenges of timing these cycles, comparing them to market cycles, which often react prematurely based on investor sentiment and other factors. The episode masterfully utilizes SEO keywords such as "financial planning," "business cycles," "economic indicators," and "market cycles" to provide a wealth of knowledge and practical advice for maintaining financial stability through economic highs and lows.As the discussion progresses, Amy provides a comprehensive guide on maintaining a robust financial plan amidst market volatility. Key strategies include maintaining a long-term perspective, regular portfolio rebalancing, adjusting expectations based on economic phases, and building an emergency fund. Amy underscores these points with impactful quotes about the inevitability of economic downturns and the advantages of well-constructed portfolios. This episode serves as an indispensable resource for anyone looking to enhance their financial literacy and secure their financial future in uncertain times.Key Takeaways:Understanding Business Cycles: Learn about the four phases of the business cycle—expansion, peak, contraction, and trough—and how they affect economic conditions and financial planning.Distinguishing Business and Market Cycles: Understand the key differences between business cycles and market cycles, including their frequency and volatility.Financial Planning Strategies: Discover practical tips for maintaining financial stability, like portfolio rebalancing and having an emergency fund.Long-term Perspective: Emphasize the importance of focusing on long-term financial goals rather than reacting to short-term market movements.Portfolio Resiliency: Appreciate the benefits of diversifying portfolios to withstand different economic conditions while avoiding excessive risk.Notable Quotes:"Recognizing this distinction allows us to focus on the aspects of our financial lives where our decisions truly matter.""Trying to be precise about timing the business cycle is just very challenging.""Short-term market movements often appear as mere blips when viewed over decades.""Financial plans should take into account the fact that downturns are absolutely going to happen.""Market and business cycles are a natural part of investing experience."Resources:Rooted...

About the Guest(s):Amy IrvineAmy Irvine is the CEO and founder of the Rooted Planning Group, a financial planning firm dedicated to helping individuals and families cultivate a thriving financial future. With extensive experience in the finance industry, Amy is a respected voice in personal finance, often highlighted for her unique insights and practical advice aimed at improving financial literacy. As a passionate advocate for financial equality, she frequently contributes to discussions on contemporary financial issues, especially those impacting women.Episode Summary:In this insightful episode of Money Roots, host Amy Irvine delves deep into the intertwined history of women and money, while also exploring foundational concepts of the money supply. Released during Women's History Month, this episode provides a timely reflection on how historical gender biases have shaped financial opportunities and challenges for women over centuries. From elucidating the definitions of M1, M2, and M3 money supplies to detailing landmark legislative changes that aimed to rectify gender-based financial inequalities, Amy delivers a wealth of information meant to empower and educate listeners.Throughout the episode, Amy Irvine sheds light on the significant historical milestones that have shaped women's financial rights and opportunities. With a nod to landmark legislation such as the Married Women's Property Act and the Equal Credit Opportunity Act, listeners are guided through two centuries of evolution in women's financial rights. Highlighting the persistent wage gap, which has seen stagnant improvement since 2003, Amy calls for continued education and advocacy, emphasizing the role of allies in supporting financial gender equality. By understanding the past, Amy believes, we pave a clearer path for a future where financial parity can be realized.Key Takeaways:Understanding Money Supply: Amy introduces listeners to the basic concepts of money supply, categorized into M1, M2, and M3, explaining their roles in economic growth and inflation.Historical Gender-Based Financial Inequality: The episode tracks the timeline of female financial rights, revealing the extent of historical discrimination that women faced in terms of property ownership, credit access, and professional opportunities.Legislative Milestones: Key legislative acts such as the Married Women's Property Act and the Title IX are highlighted, portraying their impact on women's rights and financial autonomy.The Persistent Gender Wage Gap: Despite progress, there remains a significant gap in earnings between women and men, citing statistics that reveal women earn approximately 85% of what men do.Call to Action for Financial Equality: Encouragement is given to allies—parents, partners, and friends—to support women in achieving financial literacy and independence.Notable Quotes:"The reason that I'm bringing this up is because we've been having a lot of conversations with people about money supply in general.""If you can't vote, you have no say over what does and doesn't happen to you.""So technically, women at that point in time, if they got pregnant prior to that, you could lose your job, you could lose your way of supporting yourself.""There's still a lot that we need to do to continue to bring parity to the way that women earn money, get paid, our relationship with money, all of that.""For Women's History Month, if you have a daughter, if you have a niece, if you have a wife, support her in the way that, you know, promotes this continued direction towards parity of pay."Resources:Rooted Planning Group:

About the Guest(s):Dr. Brett Dick is a specialized physical therapist and the founder of Limitless Performance Physical Therapy located in Big Flats. He obtained his degree from the University at Buffalo and developed a unique approach toward physical therapy by establishing his own clinic. Brett focuses on delivering personalized care, primarily helping active adults, gym-goers, and runners. His work centers around addressing the root causes of physical issues and avoiding unnecessary surgeries through preventative care. Brett also regularly conducts sports-related clinics, reinforcing his commitment to a holistic view of health and fitness.Episode Summary:In this engaging episode of Money Roots, host Amy Irvine sits down with Dr. Brett Dick, an accomplished physical therapist and the founder of Limitless Performance Physical Therapy. They dive into a crucial yet often overlooked aspect of personal finance—medical expenses related to physical health. By applying preventative measures in physical therapy, individuals might significantly reduce or even avoid costly surgeries and extended recovery periods. This episode guides listeners through understanding the financial and health benefits of proactive physical therapy.Throughout the conversation, Dr. Brett Dick dismantles the conventional perceptions of physical therapy, emphasizing the importance of identifying and treating the root causes of physical discomfort. With an individualized approach, Brett discusses how active listening, careful evaluation, and specifically tailored exercises can lead to better health outcomes. This proactive method not only improves quality of life but also provides substantial economic benefits by potentially reducing the need for more invasive medical procedures. Listeners are encouraged to consider physical therapy not just as a post-surgery step, but as a vital component of overall health management.Key Takeaways:Aim to address the root cause of physical issues to potentially avoid unnecessary surgeries.Engaging in preventative physical therapy can yield both health and financial benefits.Limitless Performance Physical Therapy offers a unique, personalized approach, diverging from the traditional PT model.Initial sessions focus on understanding and evaluating the problem for tailored treatment plans.Physical therapy can be integral to maintaining quality of life and minimizing long-term healthcare costs.Notable Quotes:"Addressing the whole body and figuring out where those weak links are, what muscles are weak and different areas, and fixing that could definitely be a huge game-changer.""Being proactive about it is way better.""Working with someone else because there's two or three people I'm working with in an hour time slot.""I always do a phone consult, talk to them for like 15 minutes about what's going on before they even come in.""You can definitely save like thousands of dollars by avoiding having a surgery."Resources:Limitless Performance Physical Therapy: Explore more about Dr. Brett Dick's clinic and approach through their website and social media platforms.Connect with the podcast and Rooted Planning Group on their social media platforms: Facebook, LinkedIn, and Instagram for regular updates and resources.Don't miss this insightful episode of Money Roots, where traditional finance meets health to transform how we perceive personal and financial wellness. Listen now to explore how physical therapy can be a smart, proactive investment and stay tuned for more enlightening conversations!

About the Guest(s):Amy IrvineAmy Irvine is a renowned financial expert and the host of "Money Roots," a podcast dedicated to demystifying personal finance. She has a background in financial planning and is the founder of Rooted Planning Group, an organization committed to helping individuals build secure financial futures. Amy's approach is warm and inviting, making complex financial topics accessible to listeners of all levels. Her passion for teaching and empowering people on their financial journeys is the beating heart of the "Money Roots" podcast.Episode Summary:In this heartfelt episode of "Money Roots," host Amy Irvine addresses the sensitive topic of dealing with the financial implications following the loss of a loved one during the month of February—a month typically associated with love due to Valentine's Day. She offers guidance on navigating the intricate financial decisions that arise after such a loss, recognizing the unique emotional and logistical challenges of this time.Listeners are guided through key aspects of managing finances amidst grief. From understanding social security and pensions to handling estate taxes and investment accounts, this episode serves as an essential guide for those who find themselves in the difficult position of managing these necessities. Amy presents two detailed checklists to help listeners through the complexities of estate and cash flow management, ensuring that important decisions are made thoughtfully and without haste.Key Takeaways:Grief can complicate financial decision-making; delaying major financial choices for at least a year after a loss is advisable.Evaluating cash flow is crucial; assess whether adjustments to social security and pension distributions are needed.Estate settlement requires attention to asset transfers, potential estate taxes, and ensuring that all accounts are properly managed.Consider digital and physical assets, including any unclaimed property, and protect against identity theft by closing the accounts of the deceased.Awareness of potential scams during vulnerable times is crucial, especially in months like February, when emotions might run high.Notable Quotes:"February is full of flowers and love, but for some, it's a painful reminder of loss.""We cannot, we do not make the best financial decisions when we are struggling with emotional feelings.""Do not make any major decisions the first year after somebody passing away, especially if it's your spouse.""If your parent was a veteran, there may be some death and burial benefits or survivor pensions that need exploring.""Be cautious and careful; this is when we also see a bunch of scams happen."Resources:Documents referred to in this episode:What Issues Should I Consider If My Parent Passed AwayWhat Issues Should I Consider If My Spouse Passed AwayRooted Planning Group - The sponsor of the show, specializing in financial planning and guidance. Find more resources on their website or follow them on social media.Facebook: Rooted Planning GroupInstagram: @rootedpgTune in to this episode of "Money Roots" for valuable insights into coping with the intersection of grief and financial responsibilities....

About the Guest(s):Amy Irvine is the CEO and founder of Rooted Planning Group, a financial planning firm dedicated to helping clients cultivate a prosperous financial future. With years of experience in the industry, Amy brings a wealth of knowledge and insight into financial planning, investments, and economic trends. Her dedication to providing approachable and actionable financial advice has made her a respected authority in the field.Episode Summary:In this insightful episode of Money Roots, host Amy Irvine unpacks the financial events that marked the beginning of the year with a keen focus on January's market volatility and policy shifts. With over two decades of financial expertise, Amy shares her thoughts on how the Trump administration's new tariffs, advancements in artificial intelligence, and the Federal Reserve's decisions are shaping the economic landscape. She stresses the importance of remaining calm and focused on long-term financial goals to weather these uncertain times.Listeners interested in current financial trends and policy impacts will find this episode valuable. Amy delves into how the S&P 500, NASDAQ, and Dow Jones saw varied impacts from recent economic activities, highlighting the significance of technological and trade policy changes. The discussion extends to the Federal Reserve's decision to pause rate cuts, reflecting an effort to stabilize the economy amid persistent inflation concerns. With SEO-optimized insights on tariffs, AI disruptions, and market dynamics, this episode is a must-listen for anyone aiming to stay informed about personal finance amid global economic fluctuations.Key Takeaways:Financial markets showed a positive yet volatile start in January, driven by major policy changes and technological advancements.Recent tariffs introduced by the Trump administration target key trading partners, adding to global economic uncertainty.Advancements in AI technology, especially by the Chinese company Deep Seq, are causing shifts in technology stocks and the broader market.The Federal Reserve's decision to pause rate cuts highlights a cautious approach amid steady economic growth and persistent inflation.Staying disciplined in financial planning is crucial during these volatile times to achieve long-term financial goals.Notable Quotes:"All you need is love and a good financial planner.""Technological developments matter for all investors, not just those focused on tech stocks.""Tariffs have created uncertainty around the global trade relationship, inflation, and economic growth.""Ultimately, tariffs were a means of negotiating new trade deals.""Staying disciplined will only grow in importance with investor attention focused on implications and implementation of the new administration policies."Resources:Connect with Amy Irvine through Rooted Planning Group's social media channels on Facebook, LinkedIn, and Instagram.Pay attention to market updates and newsletters by subscribing to Money Roots wherever you get your podcasts.Dive into this enlightening episode of Money Roots to understand the significant financial trends and strategies that can help you navigate the current economic landscape. Stay tuned for more insightful content and expert guidance in future episodes.

About the Guest(s):Amy Irvine is the host of the "Money Roots" podcast and a distinguished financial planner known for her insightful approach to personal finance. As the founder of Rooted Planning Group, Amy has built a reputation for helping individuals and families cultivate sustainable financial futures through personalized planning and financial education. Her passion for demystifying finance is evident in her thoughtful, relatable podcast episodes. Amy holds various certifications and has been recognized for her expertise in aligning financial planning with personal values and satisfaction.Episode Summary:In this engaging episode of "Money Roots," Amy Irvine delves into the intricacies of achieving financial satisfaction and aligning spending with personal values. Emphasizing the importance of reflecting on lifestyle choices and their financial impact, Amy introduces an innovative tool designed to gauge an individual's satisfaction across various life aspects. She encourages listeners to explore their habits, motivations, and the true fulfillment they gain from their financial activities.As the episode unfolds, Amy discusses concepts like lifestyle creep and how it can disrupt financial satisfaction if left unchecked. Through the strategic use of a satisfaction-measuring exercise, Amy guides listeners in connecting the dots between their satisfaction levels in areas such as family, health, work, and finances, and their monetary decisions. The episode is rich with practical advice and introspective practices, making it a valuable listen for anyone looking to enhance their financial well-being in 2025 and beyond.Key Takeaways:Understanding financial satisfaction involves analyzing whether your spending aligns with your core values.Lifestyle creep can change financial satisfaction; awareness and reflection are key to addressing it.A tool introduced by Amy helps visualize satisfaction across various life areas, promoting informed financial planning.Personal growth in financial planning can be as unique as putting together pieces of a jigsaw puzzle.Exploring obstacles can help overcome barriers to achieving financial and personal satisfaction.Notable Quotes:"The first step in changing a habit is actually identifying the habit.""When developing each individual's financial plan, it's like putting together a jigsaw puzzle.""This exercise gives you some of that guidance internally.""Are your dollars matching your values?""Sometimes the obstacle is here, not here."Resources:Rooted Planning Group: rootedpg.com (As mentioned in the transcript)Money Roots Podcast: Available on Facebook, X, LinkedIn, and Instagram for more personal finance resources.To uncover more insights into aligning your financial actions with personal satisfaction, don't miss the chance to listen to the full episode of "Money Roots." Stay tuned for more episodes that promise to guide you through your financial journey with clarity and confidence.

About the Guest(s):Amy IrvineAmy Irvine is the CEO and founder of Rooted Planning Group, a leading firm dedicated to providing excellent financial planning services. With over two decades of experience in the financial sector, Amy is renowned for her ability to make the complex world of finance accessible to everyone. Her mission is to empower individuals and families to achieve financial satisfaction and well-being. Amy's innovative approach focuses on growing financial knowledge alongside personal satisfaction, and she is a frequent speaker at finance conferences and workshops.Episode Summary:Take the Survey: https://members.moneyquotient.com/s/PwgOG5bL160r6qo2/aExX4k5B9YDpq2oyHappy New Year! In this inaugural 2025 episode of Money Roots, Amy Irvine, founder of the Rooted Planning Group, introduces listeners to the concept of financial satisfaction rather than typical resolution-setting. Aimed at improving financial well-being, this show encourages reflecting on financial contentment and areas for growth. With Amy's expert insights, listeners of every financial background will find practical strategies to elevate their financial knowledge and satisfaction.In this episode, Amy dives deep into the importance of identifying areas of financial satisfaction and dissatisfaction. By leveraging a financial satisfaction survey, listeners can pinpoint where they stand in their financial journey and implement actionable steps for improvement. Emphasizing incremental progress, Amy proposes a reflection-focused approach for managing finances, encouraging listeners to engage in purposeful discussions about financial priorities with loved ones or partners. Discover the tools to plant seeds of financial knowledge and nurture a thriving financial future in the new year.Key Takeaways:Begin the new year by assessing your financial satisfaction to guide future financial decisions.Utilize the financial satisfaction survey tool to identify strengths and areas for improvement in your financial life.Engage in meaningful financial conversations with partners to align satisfaction levels and priorities.Prioritize reflection on your financial journey at regular intervals to track growth and satisfaction.Embrace small, incremental steps to improve financial satisfaction rather than drastic changes.Notable Quotes:"Let me start with moving the level of satisfaction just a little bit, not trying to completely reset my satisfaction with my finances." – Amy Irvine"Experiences you have throughout the year can bring about new thoughts, ideas, concerns, and perspectives on your financial lives." – Amy Irvine"Is there anything that could get it from that 4 to a 5? And maybe a 4 is great and you're one of those people that never achieves fives on things? Perfectly fine." – Amy Irvine"Do you have any ideas what would have helped increase those levels of satisfaction in those areas?" – Amy Irvine"We hope that you found this tool and many more to come as the year goes on to be very helpful." – Amy IrvineResources:Rooted Planning Group – Learn more about Amy Irvine's company and the financial satisfaction survey tool mentioned in the episode.Take the Survey: https://members.moneyquotient.com/s/PwgOG5bL160r6qo2/aExX4k5B9YDpq2oyJoin us in this enlightening episode to kickstart your financial journey towards satisfaction this year. Equip yourself with insight and actionable...

About the Guest(s):Kerrie Beene is a knowledgeable financial advisor with a focus on assisting clients in understanding complex economic matters and their real-world effects. With a strong background in finance and investment management, Kerrie has established herself as an invaluable resource for individuals seeking to make informed decisions regarding their personal and familial financial strategies. She emphasizes the importance of balancing long-term financial goals with short-term economic considerations.Episode Summary:In this insightful episode of Money Roots, hosts Amy Irvine and her guest Kerrie Beene delve deep into the pressing topic of tariffs and their potential impact on both personal finance and the global economy. This discussion is timely, as the new administration under President-elect Trump considers increasing tariffs on goods from Canada, Mexico, and China. The conversation aims to provide listeners with clarity on how these proposed changes could influence household expenses and investment portfolios.As Kerrie Beene helps unpack the implications of potential tariffs, she explains how these policies could affect core goods and the broader market landscape. The conversation touches on key issues like increased consumer costs, political strategies behind tariffs, and how past tariff implementations provide valuable lessons. Kerrie highlights the delicate balance required in managing both personal finances and investments in light of shifting economic policies. The episode offers valuable insights into understanding risk tolerance, diversifying investments, and keeping a long-term perspective amidst political change.Key Takeaways:Tariffs on goods from countries like Canada, Mexico, and China can significantly influence consumer costs for core goods and have varying impacts on personal finances.Understanding the political motivations and negotiating tactics behind tariffs is crucial for assessing their potential economic impact.Diversification in investments, including a mix of domestic and international stocks, is essential for mitigating risks associated with trade policy changes.Risk tolerance should be reassessed in light of changing economic policies, maintaining a focus on long-term goals amidst short-term market fluctuations.Decision-makers must navigate a complex landscape that involves managing interest rates and balancing economic growth with trade negotiations.Notable Quotes:"One thing that I do think it's interesting is how some of the very specific tariffs that have came up in the recent years... you get to the other side of them and then, okay, well, this is on negotiation, washing machines and solar panels." – Kerrie Beene"I think moving forward, again, back on my balance word, I think really understanding how you're invested and is it in alignment with your long-term goals." – Kerrie Beene"It's not one thing ever that does anything to the economy. Right. It's all these moving parts that does something." – B"As far as like when people ask me what do you think this will go do to the economy, it's not one thing ever that does anything to the economy." – B"But I would say keeping a long-term perspective with maybe some short-term thoughts and education around how you're going into 2025." – Kerrie BeeneResources:Learn more about Rooted Planning Group by visiting their website.For a deeper understanding and additional insights into managing your personal finances in light of current and future economic policies, be sure to listen to the full episode. Stay tuned for more engaging discussions on Money Roots to continue growing your financial acumen.

About the Guest(s):Heather Meehan is an experienced Resource Coordinator with the New York Unified Court System, working primarily in Steuben County. Heather's professional journey in the substance use disorder field began in 2006, shortly after obtaining her bachelor's degree in psychology from Alfred University. She is a licensed CASAC with years of experience stemming from working as a counselor in different levels of treatment settings, and most recently, has taken that experience to work in the court setting.Episode Summary:In this engaging episode of Money Roots, host Amy Irvine welcomes Heather Meehan, her sister-in-law and a dedicated Resource Coordinator, to explore career paths within the realm of substance use disorder. This episode delves into the rewarding yet challenging aspects of working in addiction therapy, while offering listeners an insightful look into what it means to be a Resource Coordinator in the court setting. Heather shares her career trajectory, personal motivations, and the impact that her work has had on individuals and society.As the conversation unfolds, Heather discusses the steps involved in becoming a credentialed alcohol and substance abuse counselor (CASAC) and the continuous learning required to maintain this credential. The dialogue further explores the transformative power of addiction therapy not only on the individuals who receive treatment but also on their families and communities. Throughout the episode, the financial implications of addiction and recovery are highlighted, along with the significant advantages that recovery brings in terms of personal and societal health. Heather's experiences make a compelling case for those interested in pursuing a career in this vital field.Key Takeaways:Addiction therapy is a challenging yet rewarding profession that requires empathy, dedication, and continuous education.Heather emphasizes the importance of a non-judgmental approach to counseling, focusing on helping clients recognize their positive qualities and potential for change.Becoming a credentialed substance abuse counselor (CASAC) involves rigorous training hours, supervision, and testing.The financial implications of addiction are significant, and successful recovery can lead to improved personal and societal productivity.The episode encourages those interested in career transitions to explore addiction therapy and provides resources for getting started in the SUD (substance use disorder) field.Notable Quotes:"Just because they have an addiction or a substance use problem, it doesn't mean they're not good people and they're not worth a better life." – Heather Meehan"Nobody would ever want to choose to be an addict or an alcoholic or a person with a substance use disorder." – Heather Meehan"Anytime you're working with people that are considered a vulnerable population, you need to be on your best game." – Heather MeehanResources:OASAS.NY.gov – New York State Office of Addiction Services and Supports website for accessing addiction treatment resources and credentialing information.Samhsa.gov - Informational website for SUD and mental health treatment.Listeners are encouraged to delve into this enlightening episode to gain a deeper understanding of the field of addiction therapy and the transformative impact it can have. Be sure to subscribe to Money Roots for more insightful discussions and resources aimed at helping you thrive financially and personally.

About the Guest(s):Kerrie Beene: Kerrie Beene is the Chief Investment Officer (CIO) at Rooted Planning Group. With a keen interest and expertise in economic policies and market dynamics, Kerrie guides investment strategies and discussions around market outlooks. Her focus often lies in distilling complex financial concepts and making them accessible for clients and audiences alike.Episode Summary:In this engaging episode of Money Roots, host Amy Irvine, CEO of Rooted Planning Group, sits down with Kerrie Beene, the Chief Investment Officer, for an enlightening discussion on the post-election market outlook. The duo unpacks the impacts of political landscapes on stock market returns and investor sentiment, weaving through historical data dating back to 1933 to uncover patterns and trends. As global markets react to yet another election cycle, Amy and Kerrie reflect on what the future might hold for investors in a climate overshadowed by policy changes and economic uncertainty.Throughout the episode, listeners are taken on a deep dive into how different political party leaderships have traditionally impacted market performance. Using data from past presidencies, Amy and Kerrie dissect and analyze the historical returns of the S&P 500, exploring the dynamic between Democratic and Republican parties in the White House and Congress, and its implications on market stability. They provide listeners with insights into bond markets, potential inflation concerns, and the general volatility that follows such political shifts, aiming to educate and prepare investors for what lies ahead.Key Takeaways:Historical data shows that stock markets have generally performed well under Democratic leadership when the Congress is controlled by Republicans, with average returns of 18.2%.Markets tend to prefer balance in government control, which historically has resulted in more stable investment returns.The bond market has experienced unusual volatility due to fears of inflation and potential interest rate changes.It's important for investors to have a long-term view and not make decisions driven by short-term political changes or noise.Understanding market fundamentals and educating oneself on financial policies is crucial for making informed investment decisions.Notable Quotes:"The market does what it does regardless of the political party in office." – Kerrie Beene"Markets move on a daily basis based on fear and volatility, but over a long term basis they move on growth and economic news." – Amy Irvine"The biggest thing that stands out is that what tends to do the best is when there's a balance of power." – Kerrie Beene"In reality, if the Fed is going to continue to lower interest rates, they must think that the economy is slowing down." – Amy Irvine"Having a plan and a strategy that makes sense and reviewing your portfolio is crucial." – Kerrie BeeneResources:Rooted Planning Group: Find out more about their financial planning services and insights. Connect through their official website.Join Amy and Kerrie in this insightful episode as they peel back the layers of financial intricacies and political effects on the market outlook. Dive into the full conversation on Money Roots for more expert analysis and stay tuned for future episodes that promise to enrich your financial literacy journey.

About the Guest(s):Kerrie BeeneKerrie Beene is a financial planner with expertise in navigating complex personal finance topics. She works alongside Amy Irvine, providing clients with informed guidance and actionable advice to help them achieve their financial goals. With a focus on comprehensive financial planning, Kerrie brings experience and dedication to ensuring financial clarity for clients at the Rooted Planning Group.Episode Summary:In this insightful episode of Money Roots, your hosts Amy Irvine and Kerrie Beene tackle the intricacies of Medicare, focusing on the open enrollment period and the parts that constitute Medicare, including Parts A, B, C, and D. They offer clarity in an area often seen as daunting due to its complexity and abundance of choices. With personal stories and expert guidance, Amy and Kerrie break down each component of Medicare, empowering listeners to make informed decisions about healthcare coverage as they approach or assist loved ones approaching retirement age.Throughout the podcast, leveraging SEO-friendly terms like "Medicare Advantage," "Medigap plans," and "open enrollment," Amy and Kerrie explore the differences between original Medicare (Parts A and B) and Medicare Advantage plans (Part C), emphasizing the importance of understanding your healthcare needs and financial situation to choose the best coverage. They stress that careful preparation—by assessing doctor visits, prescription medications, and potential upcoming surgeries—is essential when selecting a plan. Additionally, they caution that while Medicare Advantage plans might present no additional premium, associated copays and coinsurances can vary widely.Key Takeaways:Understanding Medicare Parts: Traditional Medicare consists of Part A (hospital insurance) and Part B (medical insurance), with Part D offering prescription drug coverage, and Part C being Medicare Advantage plans provided by private insurers.Open Enrollment is Crucial: Seniors should prepare thoroughly before open enrollment by reviewing their health needs, including doctor visits and prescriptions.Pros and Cons of Medicare Advantage: Medicare Advantage Plans can appear more affordable due to lower premiums, but may result in higher out-of-pocket expenses.Yearly Review is Essential: Healthcare needs and insurance benefits can change annually; reviewing your Medicare plan each year can help maintain suitable coverage.Seek Professional Help: Utilize resources like local Offices for the Aging or insurance specialists to help navigate the vast array of Medicare options.Notable Quotes:"We thought it would be great if we could do a little podcast on...the open enrollment period around Medicare and all of the confusion that goes around it." – Amy Irvine"When you think about traditional insurance in general, it's just you hand an insurance card in... It's not the same as having a part A, a part B, a part C, a part D." – Amy Irvine"Just remember, when you go to a part C plan, you are going on to an insurance plan... that's why a lot of people say don't switch." – Amy Irvine"Never set it and forget it... every year review that" – Amy Irvine"Utilize your resources and do find those people, but make sure it's the right people... Make sure it's the people who have your best interest at heart." – Kerrie BeeneResources:Rooted Planning Group Website: Rooted Planning GroupMedicare Official Website: Medicare.govContinuing the conversation about Medicare and personal...

About the Guest(s):Amy Irvine is a financial expert who is passionate about helping individuals take control of their financial well-being. With extensive experience in financial planning and coaching, Amy empowers her clients to write their own financial stories and achieve their goals. She is known for her innovative and personalized approach to financial advice, emphasizing the alignment of values with spending habits to create lasting financial stability.Episode Summary:In this episode, Amy Irvine delves into the importance of taking control of your financial narrative by writing your own story. Drawing parallels between crafting a compelling movie plot and designing your financial journey, Amy encourages listeners to identify themselves as the hero of their story and navigate challenges with a strategic mindset. By leveraging the concept of a hero, a villain, and a guide, Amy provides a unique perspective on reshaping financial narratives to achieve success and fulfillment.Key themes discussed include the significance of self-empowerment, the role of financial obstacles as villains in our stories, and the importance of seeking guidance to overcome challenges. Amy highlights the impact of setting clear financial goals, aligning spending with values, and utilizing resources to thrive financially. By emphasizing the power of intentional financial planning and storytelling, Amy inspires listeners to take charge of their financial destinies and build a secure future.Key Takeaways:Embrace your role as the hero of your financial story and proactively shape your narrative.Identify financial obstacles as villains that impede your progress and seek guidance to overcome them.Define clear financial goals, align spending with values, and utilize resources to thrive financially.Craft a strategic plan of action with the guidance of mentors or resources to steer your financial journey toward success.Take ownership of your financial narrative, eliminate distractions, and focus on creating a fulfilling and sustainable financial future.Notable Quotes:"Your life is about events supported by your dollars and cents.""Sometimes the villains in our financial stories can also be opportunities for growth and transformation.""Write your own financial story by defining your goals, aligning spending with values, and seeking guidance when needed."Tune in to the full episode to discover how you can rewrite your financial story, overcome obstacles, and achieve financial success. Don't miss out on valuable insights and empowering strategies from Amy Irvine to transform your financial future.

About the Guest(s):John Graham: John is an author and professor who has taught international marketing for 40 years at USC and UCI. He co-authored the book "Under One Roof: Creating Harmony for Multi-Generational Living" with his sister Sharon and daughter Emily. John brings his expertise in marketing and his personal experience with multi-generational living to the book.Emily Graham: Emily is the daughter of John Graham and co-author of "Under One Roof." She has a background in palliative and hospice care, end-of-life care, and grief counseling. Emily's contribution to the book focuses on these topics and provides valuable insights into the healthcare considerations of multi-generational living.Episode Summary:In this episode, host Amy Irvine is joined by John Graham and Emily Graham to discuss their book "Under One Roof: Creating Harmony for Multi-Generational Living." They explore the importance of multi-generational living, the challenges and benefits it brings, and how to navigate the complexities of living with multiple generations under one roof. They emphasize the need for open and honest conversations, planning for healthcare and end-of-life care, and finding a balance between privacy and proximity. The book provides practical advice and guidance for families considering multi-generational living and offers insights into creating a harmonious and supportive living arrangement.Key Takeaways:Multi-generational living is a solution to the challenges faced by families today, such as the high cost of housing and the need for support and care for aging parents.Open and honest conversations are crucial when considering multi-generational living, allowing all family members to express their needs, concerns, and expectations.Planning for healthcare and end-of-life care is essential in multi-generational living arrangements, ensuring that everyone's needs are met and that there is a support system in place.Finding a balance between privacy and proximity is key to successful multi-generational living. Separate living spaces, clear boundaries, and open communication can help maintain individual privacy while fostering a sense of togetherness.Multi-generational living can provide emotional support, companionship, and shared responsibilities, creating a strong sense of family and community.Notable Quotes:"Multi-generational living is a renaissance of an idea that has been practiced in many cultures throughout history." - Emily Graham"Having open and honest conversations about multi-generational living can prevent crises and help make informed decisions." - John Graham"Multi-generational living is about creating a supportive and loving environment where everyone's needs are met." - Emily GrahamResources:Book: "Under One Roof: Creating Harmony for Multi-Generational Living" by John Graham, Sharon Graham, and Emily Graham (Amazon link: Book)Please watch/listen to the full webinar for more enlightening insights and practical advice on multi-generational living. Stay tuned for future episodes of the podcast/webinar/series for more valuable content.Watch this episode on YouTube

About the Guest(s):Amy Irvine is the CEO and founder of Rooted Planning Group. With years of experience in the financial planning industry, Amy is dedicated to helping individuals and families achieve their financial goals. She is known for her expertise in tax planning, retirement planning, and estate planning. Amy is passionate about educating her clients and providing them with the tools and resources they need to make informed financial decisions.Episode Summary:In this episode, Amy Irvine, CEO and founder of Rooted Planning Group, shares valuable insights on organizing and decluttering your finances. With tax season in full swing, Amy provides guidance on how long to keep tax returns and supporting documents. She also discusses the importance of maintaining healthcare documents, legal documents, and other essential paperwork. Amy emphasizes the significance of securely storing important documents and suggests creating a system to easily access them when needed. Whether you're a small business owner, a homeowner, or a student, Amy offers practical advice on managing and preserving important financial records.Don't miss out on valuable insights and empowering financial advice! Subscribe to "Money Roots" today to embark on a journey of financial growth and empowerment. Join host Amy Irvine as she simplifies personal finance, making it accessible to everyone, from beginners to seasoned experts. By subscribing, you'll stay up-to-date with each episode, gaining access to practical tips, inspiring stories, and expert insights that will help you take control of your financial future. Whether you're looking to budget smarter, invest wisely, or secure your retirement, "Money Roots" has something for everyone. Subscribe now and start nurturing your financial well-being!If you have any questions that you would like answered on the show, feel free to email us at info@rootedpg.comOr visit us at www.rootedpg.com/podcasts for full show notes and links!Key Takeaways:It is recommended to keep state and federal tax returns and supporting documents for about three years. However, if you forgot to report income or have certain deductions, you may need to keep them for a longer period.Healthcare documents, such as Medicare notices and records related to Medicaid applications, should be kept for specific durations to support your healthcare needs.Legal documents, including Social Security cards, birth certificates, passports, and estate planning documents, should be stored securely. Copies of important documents should be accessible to trusted individuals, especially healthcare proxies and power of attorney documents.Debt and asset-related documents, such as investment account statements and loan documents, should be retained for specific periods. Keeping track of cost basis for investments and maintaining records of home office expenses are crucial for tax purposes.Property-related documents, such as deeds, settlement statements, and insurance policies, should be kept permanently. Additionally, maintaining records of completed coursework and employment contracts is essential.Notable Quotes:"If you think you forgot income to report, then if it's more than 25% of your gross income, you want to keep six years." - Amy Irvine"If you have estate planning documents, such as a will, a trust, a power of attorney, a healthcare proxy, a living will, any beneficiary designation, store those originals." - Amy Irvine"If you're a small business owner, you want to keep a copy of your federal Ein number. This is something you should keep permanently in a secure location." - Amy Irvine"If you have any home improvements, keep receipts or a ledger that documents those because you may be able to adjust up your cost basis of your...

How to Manage Competing Goals: Insights from Rooted Planning GroupAbout the Guest(s):Becky Eason is a long-term team member of Rooted Planning Group. With her extensive experience in financial planning, Becky has helped numerous clients navigate competing goals and make informed decisions about their finances. She specializes in providing guidance on interest rates, credit card debt, and finding ways to save money while achieving financial goals.Episode Summary:In this episode, Amy Irvine and Becky Eason discuss the challenges and successes clients are facing in the first quarter of 2024. They focus on the topic of competing goals, particularly in relation to interest rates and credit card debt. The conversation explores strategies for managing debt, prioritizing goals, and finding ways to save money. Becky shares her insights on topics such as health insurance options, meal planning, and shopping for bargains. Listeners will gain valuable tips and advice on how to navigate competing goals and make informed financial decisions.Key Takeaways:Managing credit card debt: It is important to have a handle on your cash flow and excess funds before making extra payments on credit cards. Without sufficient cash flow, paying down one credit card may result in another card's balance increasing.Balancing debt and investments: When faced with high-interest credit card debt, it may be more beneficial to invest extra funds rather than paying down the debt. Comparing the potential returns on investments to the interest rates on debt can help inform this decision.Emergency funds: It is crucial to maintain an emergency fund to avoid relying on credit cards in case of unexpected expenses. While paying down debt is important, depleting emergency funds can lead to further financial stress.Health insurance options: Exploring different health insurance plans can help save money, especially when there are specific medical needs. Programs like Child Health Plus in New York State can provide better coverage and lower deductibles for children with specialized medical requirements.Saving on groceries: Meal planning, shopping for bargains, and looking for buy-one-get-one deals can help save money on groceries. Being mindful of prices, opting for healthier options, and freezing bulk purchases can also contribute to savings.Don't miss out on valuable insights and empowering financial advice! Subscribe to "Money Roots" today to embark on a journey of financial growth and empowerment. Join host Amy Irvine as she simplifies personal finance, making it accessible to everyone, from beginners to seasoned experts. By subscribing, you'll stay up-to-date with each episode, gaining access to practical tips, inspiring stories, and expert insights that will help you take control of your financial future. Whether you're looking to budget smarter, invest wisely, or secure your retirement, "Money Roots" has something for everyone. Subscribe now and start nurturing your financial well-being!If you have any questions that you would like answered on the show, feel free to email us at info@rootedpg.comOr visit us at www.rootedpg.com/podcasts for full show notes and links!Prioritize and FocusOne of the first steps in managing competing goals is to prioritize and focus on one goal at a time. Becky suggests going through your list of goals and asking yourself, "If there's only one thing that I could achieve, what would that be?" By identifying your top priority, you can allocate your resources and energy towards that goal, making it more attainable. Once you've achieved that goal, you can move on to the next one.Becky emphasizes the importance of setting realistic expectations and not putting too much pressure on yourself. It's easy to get...

About the Guest(s):Emily Graham is a co-author of the book "Under One Roof: Creating Harmony for Multigenerational Living." She has a decade of experience working in home health, palliative, and hospice care. Emily's expertise in the field, combined with her personal experience of caring for her family members, has shaped her understanding of the challenges and benefits of multigenerational living. She brings a unique perspective to the topic and offers practical advice for families considering this living arrangement.Episode Summary:In this episode of Money Roots, Amy Irvine interviews Emily Graham, co-author of the book "Under One Roof: Creating Harmony for Multigenerational Living." The book explores the concept of multigenerational living and provides guidance on how families can navigate the challenges and benefits of living together under one roof. Emily shares her personal experience of caring for her family members and discusses the importance of planning and communication in creating a harmonious living arrangement. The episode highlights the need for creative solutions to support aging parents and explores the idea of sharing wealth and resources within the family. Whether it's through remodeling, building separate living spaces, or considering alternative living arrangements, the book offers practical advice and real-life examples to help families make informed decisions about multigenerational living.Key Takeaways:Multigenerational living is not a new concept and has been practiced in many cultures around the world. It offers a way for families to support each other and share resources.The book "Under One Roof" provides a comprehensive guide to multigenerational living, covering topics such as remodeling, creating separate living spaces, and navigating the challenges that may arise.Separate kitchens and entrances are important considerations when planning for multigenerational living, as they allow for privacy and independence within the shared living space.The book emphasizes the importance of open communication and setting clear expectations to avoid conflicts and ensure a harmonious living arrangement.Multigenerational living can be a solution for families looking to prevent their aging parents from moving into nursing homes, but it also offers opportunities for wealth sharing and collaborative projects within the family.Notable Quotes:"Planning helps decrease a stressful crisis in someone's life, and that's what I want to impart in my career." - Emily Graham"This is a return to how people have lived all around the world. Many cultures live this way." - Emily GrahamResources:Book: "Under One Roof: Creating Harmony for Multigenerational Living" by Emily Graham, Sharon Nederhouse, and Michael J. GentryAmazonBarnes and NobleDon't miss out on valuable insights and empowering financial advice! Subscribe to "Money Roots" today to embark on a journey of financial growth and empowerment. Join host Amy Irvine as she simplifies personal finance, making it accessible to everyone, from beginners to seasoned experts. By subscribing, you'll stay up-to-date with each episode,...

Episode Summary:In this episode, Amy Irvine and Kate Welker discuss the integration of money within relationships, specifically focusing on couples. They provide tips and suggestions for having open and productive conversations about money, even when one partner may be hesitant. The hosts emphasize the importance of setting regular "money dates" to review finances, celebrate wins, and address any concerns. They also explore the psychology of money within relationships, highlighting how different individuals may view money through the lens of survival, safety and security, love and belonging, self-esteem, or self-actualization. By understanding each partner's money personality, couples can navigate potential conflicts and find common ground.Key Takeaways:Setting regular "money dates" can help couples stay on the same page about their finances, celebrate wins, and address any concerns.When one partner is hesitant to discuss money, starting with small conversations in casual settings can gradually involve them in financial discussions.Understanding each partner's money personality, such as viewing money through the lens of survival, safety and security, love and belonging, self-esteem, or self-actualization, can help couples navigate potential conflicts and find common ground.Couples should communicate openly about their financial goals, values, and concerns to ensure both partners feel involved and understood.Celebrating financial wins, no matter how small, can create a positive and joyful environment around money within a relationship.Notable Quotes:"Just coming together and looking at where are we, maybe digging your head out of the sand a little bit to look at things together, if that is causing a roadblock or celebrate wins, too, while you're doing it." - Kate Welker"Where can you start that there is that common ground? And then how do you build around that?" - Amy Irvine"Understanding your style becomes so important in your communication." - Kate Welker"By understanding yourself and your partner, you can navigate potential conflicts and find common ground." - Amy Irvine"Having that check-in and looking at it and the understanding and the confidence and where the numbers are coming from." - Kate WelkerResources:Rooted Planning Group website: rootedpg.comSetting Money Dates: Celebrating Wins and Addressing ChallengesOne effective strategy for couples to stay on the same page financially is to set regular money dates. These dates provide an opportunity to review the state of their finances, celebrate achievements, and address any challenges they may be facing. Amy Irvine and Kate Welker emphasize the importance of creating a positive and joyful atmosphere during these conversations.For Amy and her husband, they have an annual financial summit every January. They review their spending plan, track their expenses, and discuss areas where they may need to make adjustments. By approaching this process as a team, they are able to identify areas of overspending, such as wine purchases, and make necessary changes. Kate, on the other hand, has more casual conversations with her husband, discussing the status of their finances and upcoming expenses during car rides or while relaxing at home.The key takeaway from these approaches is that couples should find a system that works for them. Whether it's a formal financial summit or more informal check-ins, the goal is to ensure both partners are aware of their financial situation and can make decisions together. By celebrating wins and addressing challenges as a team, couples can strengthen their financial bond and reduce stress around money.Engaging Reluctant Partners in Financial...

In this episode, Amy Irvine, CEO and founder of Rooted Planning Group, discusses the financial issues to consider when facing job loss. She provides valuable tips and insights to help individuals navigate through this challenging period. Amy covers topics such as cash flow management, health insurance options, debt management, retirement accounts, and tax planning. She emphasizes the importance of reviewing budgets, exploring available resources, and seeking assistance when needed. Listeners will gain practical advice and strategies to help them maintain financial stability during a job loss.Or visit us at www.rootedpg.com/podcasts for full show notes and links!Key Takeaways:Evaluate your cash flow and emergency funds to determine how long they can sustain you during a period of unemployment.Explore options such as severance packages, unemployment benefits, and flexible spending accounts to supplement your income.Consider health insurance options, including COBRA, marketplace plans, and Medicare, to ensure continued coverage.Contact lenders to discuss possible payment reductions or deferments for student loans and credit cards.Review retirement accounts and consider options such as loan repayments, distributions, or rollovers.Take advantage of tax planning opportunities in a low-income year, such as Roth conversions and deductible contributions.Be aware of non-solicitation or non-compete agreements and their impact on job searching.Update contact information and online subscriptions associated with your previous employer's email address.Seek outplacement services and utilize professional networks to aid in your job search.Resources:Rooted Planning Group website: https://www.rootedpg.com/Rooted Planning Group Checklist: https://www.rootedpg.com/s/What-Issues-Should-I-Consider-If-I-Lose-My-Job-2024.pdfMarketplace health insurance: https://www.healthcare.gov/Medicare: https://www.medicare.gov/Losing your job can be a challenging and emotional experience, but by understanding the key issues and taking proactive steps, you can navigate this period with greater confidence. Assessing your cash flow, understanding your benefits, reviewing and adjusting your budget, exploring alternative income sources, addressing health insurance concerns, communicating with lenders, evaluating retirement account options, leveraging home equity options, exploring tax planning opportunities, navigating non-compete agreements, and updating your contact information are all crucial aspects to consider.Remember, this is a temporary setback, and with careful planning and perseverance, you can overcome this challenge and find new opportunities. Reach out to resources available to you, such as recruiters and career services, and don't hesitate to seek professional financial advice to ensure you make informed decisions during this transition.This episode is brought to you by Rooted Planning Group. Rooted Planning Group is a fee-only financial planning firm that specializes in working with women in their 30s and 40s who want to take control of their finances and plan for the future. Whether you're just starting out or you're looking to make a big change, Rooted Planning Group can help. Visit www.rootedpg.com to learn...

As first-time moms, Becky Eason and Liz Zemak have embarked on a journey filled with joy, challenges, and learning experiences. In this episode, we will delve into their insights and tips on how to navigate the world of motherhood while also taking care of their health and finances. Both Becky and Liz are members of the Rooted Planning Group, a women-owned financial planning group that empowers women to take control of their financial futures. Let's explore the main themes they discussed and the implications they have for new moms.Summary:Becky and Liz, first-time moms and members of the Rooted Planning Group team discuss their experiences and provide tips on health and financial planning for new moms. They emphasize the importance of finding time for self-care, incorporating outdoor activities, and reflecting on personal goals. In terms of financial planning, they recommend starting early by setting up brokerage accounts or 529 plans for their children. They also discuss the importance of teaching children financial responsibility and monitoring their spending habits.Key Takeaways:Finding time for self-care is essential for new moms, even if it's just a few minutes each day.Incorporating outdoor activities, regardless of the weather, can benefit both moms and children.Starting early with financial planning by setting up brokerage accounts or 529 plans can provide future financial security for children.Teaching children financial responsibility and monitoring their spending habits are crucial for their financial well-being.Quotes:"Just take whatever moments you can for yourself, and know that it's important and that it is okay." - Liz Zemak"Even if you're not doing the full taking care of yourself that you were beforehand, finding time to even go for a walk and make that your family time." - Becky Eason"Just start something and know that you're going to have to monitor what is best for your child." - Liz Zemak"It's so easy to want to spend money on your child that you forget about spending money on yourself." - Becky EasonDon't miss out on valuable insights and empowering financial advice! Subscribe to "Money Roots" today to embark on a journey of financial growth and empowerment. Join host Amy Irvine as she simplifies personal finance, making it accessible to everyone, from beginners to seasoned experts. By subscribing, you'll stay up-to-date with each episode, gaining access to practical tips, inspiring stories, and expert insights that will help you take control of your financial future. Whether you're looking to budget smarter, invest wisely, or secure your retirement, "Money Roots" has something for everyone. Subscribe now and start nurturing your financial well-being!If you have any questions that you would like answered on the show, feel free to email us at info@rootedpg.comOr visit us at www.rootedpg.com/podcasts for full show notes and links!This episode is brought to you by Rooted Planning Group. Rooted Planning Group is a fee-only financial planning firm that specializes in working with women in their 30s and 40s who want to take control of their finances and plan for the future. Whether you're just starting out or you're looking to make a big change, Rooted Planning Group can help. Visit www.rootedpg.com to learn more.

As we enter a new year, many of us have set resolutions to improve our health and financial well-being. It's no secret that nutrition and financial planning are both important aspects of our lives, but have you ever considered the similarities between the two? In this edition of Money Roots, we explore the connection between nutrition and financial planning and how they can impact our overall well-being.Don't miss out on valuable insights and empowering financial advice! Subscribe to "Money Roots" today to embark on a journey of financial growth and empowerment. Join host Amy Irvine as she simplifies personal finance, making it accessible to everyone, from beginners to seasoned experts. By subscribing, you'll stay up-to-date with each episode, gaining access to practical tips, inspiring stories, and expert insights that will help you take control of your financial future. Whether you're looking to budget smarter, invest wisely, or secure your retirement, "Money Roots" has something for everyone. Subscribe now and start nurturing your financial well-being!If you have any questions that you would like answered on the show, feel free to email us at info@rootedpg.comOr visit us at www.rootedpg.com/podcasts for full show notes and links!Summary:In this episode of the Money Roots podcast, Amy Irvine and Liz Lemak discuss the connection between nutrition and financial planning. They highlight three key similarities between the two:Food as Fuel: Just as nutrition is important for fueling the body, financial planning involves being intentional about what you're putting into your portfolio. Both require mindfulness and a long-term perspective.Ingredients Matter: Paying attention to the ingredients in your food is crucial for maintaining good health. Similarly, when building a portfolio, it's important to carefully consider the ingredients, or investments, that make up your portfolio. Being mindful of what you're putting in and how it aligns with your long-term goals is essential.Macronutrients and Micronutrients: Nutrition involves balancing macronutrients (fats, carbohydrates, and proteins) and micronutrients (vitamins and minerals) for optimal health. Similarly, a well-diversified portfolio includes a balance of equities (macronutrients) and fixed income investments (micronutrients) to ensure long-term success.Taking care of your health, both through nutrition and financial planning, is important for overall well-being and can have a significant impact on your future.Key Takeaways:Food is fuel for the body, and financial planning involves being intentional about what you're putting into your portfolio.Pay attention to the ingredients in your food and the investments in your portfolio to ensure they align with your long-term goals.Balancing macronutrients and micronutrients in nutrition is similar to balancing equities and fixed income investments in a portfolio.Fueling Your Body and Your PortfolioWhen it comes to nutrition, one of the key principles is to view food as fuel for your body. Liz Lemak, a nutrition and fitness expert, emphasizes the importance of being intentional about what we put into our bodies. She explains, "If you know you're going to be extra active on a certain day, make sure you're fueling yourself enough. And on days when you're taking it easy, be mindful of what you're eating."This concept of being mindful and intentional applies to financial planning as well. Just as we need to fuel our bodies with the right nutrients, we also need to fuel our portfolios with the right investments. Liz highlights the importance of building a portfolio that aligns with our long-term needs and goals. She states, "It's not about getting rich quick, but rather building...

Regardless of whether you are the monied or non-monied spouse, when facing high conflict divorce, it is vitally important that you get your financial ducks in a row. Divorce is largely about shared parenting and money…today's guest helps set you up for success on the financial front.Your high conflict spouse is making threats and telling you how it's going to shake down. However, unless they are a matrimonial attorney, it is crucial that you turn a deaf ear to their narrative, gather your numbers…what you have, what you owe, what you need and what your marital income is.  For the non-monied spouse, we will also talk about how all income is OURs, not HIS or HERs.  With me today is Amy Irvine, the founder of Rooted Planning Group and host of Wine and Dime, a weekly podcast.  Amy has also written “Uncork Your Finances”, which she is offering as a  free gift for our JBD listeners!!   Amy specializes in working with X-Gen women (as one herself) who want to form a long-term relationship that includes not just financial advice, but financial education as well.More ways to connect with Amy:Website - www.RootedPG.comTwitter - https://twitter.com/amyirvineadvise andFacebook: https://www.facebook.com/rootedpg/LinkedIn: https://www.linkedin.com/in/amy-irvine-b5901439/Instagram: https://www.instagram.com/rootedpg/?next=%2FJourney Beyond Divorce Resources mentioned in this episode:Book a Free Rapid Relief Call: http://rapidreliefcall.comTake the "Relationship Health Quiz" Quiz: https://www.jbddivorcesupport.com/relationshiphealthquiz

Live Like an Otter: Finding Happiness in Everyday MomentsWelcome to the first episode of Money Roots, where we explore the intersection of personal finance and personal growth. Today, I am thrilled to have Sandra Miller, a happiness coach and host of the sassy podcast "A Sassy Little Podcast," as our guest. Sandra has embarked on a journey to find happiness and has now become a happiness coach herself. In this episode, we delve into Sandra's personal journey, the concept of happiness coaching, and how we can all cultivate more happiness in our lives.Key Takeaways:Authentic happiness comes from within and is not dependent on external factors.Gratitude and appreciation are powerful tools for building happiness.Shifting one's perspective and allowing oneself to be happy are key steps in the happiness journey.Feeling all emotions is important, but it's possible to come back to a baseline of happiness.Small moments of joy and fun can have a significant impact on overall happiness.About The Guest(s):Sandra Miller is a happiness coach and the host of a popular podcast. She embarked on a journey to find happiness after feeling a lack of optimism and joy in her life. Through her own experiences and research, she discovered the power of authentic happiness and decided to become a happiness coach to help others find their own happiness.A Sassy Little Substack | Sandra Ann Miller | Substackasassylittle.comHome | Sassy Little PodcastEmail Sandra - sassy@asassylittle.comDon't miss out on valuable insights and empowering financial advice! Subscribe to "Money Roots" today to embark on a journey of financial growth and empowerment. Join host Amy Irvine as she simplifies personal finance, making it accessible to everyone, from beginners to seasoned experts. By subscribing, you'll stay up-to-date with each episode, gaining access to practical tips, inspiring stories, and expert insights that will help you take control of your financial future. Whether you're looking to budget smarter, invest wisely, or secure your retirement, "Money Roots" has something for everyone. Subscribe now and start nurturing your financial well-being!If you have any questions that you would like answered on the show, feel free to email us at info@rootedpg.comOr visit us at www.rootedpg.com/podcasts for full show notes and links!The Journey to HappinessSandra shares that she had been in a bit of a funk since the end of 2016, feeling a lack of optimism and overall dissatisfaction. However, by the end of 2022, she realized that something needed to change. She wanted to be happy, but not in a superficial or toxic way. Sandra emphasizes that happiness is not about pretending everything is great or ignoring negative emotions. It is about authentic happiness, feeling all of our feelings, and understanding that we can always find our way back to happiness."I wanted to be happy. And I'm going to do a big caveat right now in saying happiness is one thing. Toxic positivity is the antithesis of happiness. So this isn't putting on a smile. This isn't pretending like everything's great. This is really getting into authentic happiness, feeling all of your feelings, being in whatever mood you're going to be in, but also understanding you can get back to being happy."The Role of a Happiness CoachSandra stumbled upon the concept of happiness coaching during her journey to find happiness. She realized that she wanted to help others find their own...

Amy Irvine discusses important financial considerations to keep in mind before the end of the year. She covers topics such as unrealized investment losses, capital gain distributions, required minimum distributions (RMDs), qualified charitable distributions (QCDs), income and tax planning, capital gains, thresholds for tax brackets and Medicare premiums, business expenses, retirement plans, changes in marital status, maximizing health savings accounts (HSAs), insurance planning, estate planning, and financial aid strategies for college.Remember, just like a good bottle of wine, the Wine and Dime Podcast gets better with time. So don't forget to rate and subscribe to our show, where we blend the flavors of wine and personal finance to help you achieve financial freedom! If you have any questions that you would like answered on the show, feel free to email us at info@rootedpg.comOr visit us at www.rootedpg.com/podcasts for full show notes and links!Key Takeaways:Consider taking losses on unrealized investments in taxable accounts before the end of the year.Include end-of-year capital gain distributions in tax estimates for taxable accounts.Ensure compliance with RMD requirements, including from inherited IRAs.Utilize QCDs for charitable giving to avoid claiming income from IRA donations.Plan for future income changes and consider IRA contributions, conversions, and Roth contributions.Utilize carry forward losses and be aware of tax thresholds for various deductions and surcharges.Consider maximizing charitable contributions to potentially itemize tax returns.Evaluate income tax implications of future windfalls or stock options.Explore QBI deductions for pass-through income from businesses.Consider deferring or accelerating business expenses to optimize tax liability.Update W-4 forms after changes in marital status to avoid unexpected tax bills.Maximize contributions to HSAs, retirement plans, and 529 plans before year-end.Utilize FSA funds before the end of the year and be aware of rollover and grace period options.Review estate plans for changes in family or assets and consider annual exclusion gifts.Implement financial aid strategies for college, such as reducing income in specific years.Links to the Checklists Mentioned in this episodeImportant Numbers 2024Important Numbers 2023What Issues Should I Consider Before the End of the Year?This episode is brought to you by Rooted Planning Group. Rooted Planning Group is a fee-only financial planning firm that specializes in working with women in their 30s and 40s who want to take control of their finances and plan for the future. Whether you're just starting out or you're looking to make a big change, Rooted Planning Group can help. Visit www.rootedpg.com to learn more.

In this episode, Amy Irvine continues the conversation on the challenges faced by the sandwich generation, those who are simultaneously caring for their aging parents and their own children. She provides practical advice on various aspects of caregiving, including healthcare plans, transportation options, community involvement, hiring a fiduciary, and backing up important documents. Amy also discusses the benefits of considering a continuing care retirement community and emphasizes the importance of having ongoing conversations about aging parents' care.Key Takeaways:Find the right healthcare plan for your aging parents based on their specific needs and circumstances.Explore transportation options for your parents, such as public transportation or organizations that provide free transportation for seniors.Ensure that your parents have a sense of community and social interaction to prevent feelings of isolation and depression.Consider hiring a fiduciary to manage your parents' finances and protect against fraudulent activity.Back up important documents and photos on your parents' phones to ensure easy access and documentation of their belongings.Explore continuing care retirement communities as a potential option for comprehensive care and a sense of community for aging parents.Quotes:"Finding somebody to help you find the right insurance plan for your parents will be very helpful in the financial toll that it takes on them.""Being aware of the circle of friends, being aware of their community involvement, and making sure that your parents don't stay locked up in their home, unintentionally, of course, but that's certainly something to be aware of.""A fiduciary can pay the bills, can be a protectant against any kind of fraudulent activity.""Making sure that your parents don't get ripped off as part of that process is really important.""Doing some tours just like you do tours of college campuses, considering doing some tours of some of the wonderful communities that are actually out there."Remember, just like a good bottle of wine, the Wine and Dime Podcast gets better with time. So don't forget to rate and subscribe to our show, where we blend the flavors of wine and personal finance to help you achieve financial freedom! If you have any questions that you would like answered on the show, feel free to email us at info@rootedpg.comOr visit us at www.rootedpg.com/podcasts for full show notes and links!The Importance of Healthcare PlanningOne of the first considerations when it comes to caring for aging parents is their healthcare plan. It's crucial to find the right insurance coverage that suits their specific needs. This can be a daunting task, but there are resources available to help. The Office for the Aging and Medicare brokers can assist in determining the most suitable plan based on factors such as medications, doctors, and chronic conditions. Finding the right insurance plan can alleviate the financial burden on your parents and ensure they receive the necessary care.Transportation Solutions for Aging ParentsAs driving becomes more challenging for aging parents, finding reliable transportation options becomes essential. Public transportation services for the elderly may be available in certain counties or states. Additionally, some organizations offer free transportation services for individuals over the age of 65. Consulting with your parents' physicians or local community organizations can provide valuable information on transportation options. Ensuring that your parents have access to transportation not only helps them maintain their independence but also fosters a sense of community and prevents...

Life is full of the unexpected and while taxes won't be the first concern when unfortunate things happen, they can't be forgotten about. Steven is joined in this episode by Amy Irvine, a financial planner specializing (and certified) in divorce planning. Steven and Amy share pitfalls to avoid and ideas for navigating this complex area that blends technical tax with a very emotional life situation. Amy provides a great list of action items for any advisor who serves married clients (you might not want to be a divorce specialist but you will likely come across it at some point!). https://bit.ly/3MlcCj5  

In this episode of the Wine and Dime podcast, host Amy Irvine welcomes Liz Zemak, a financial planner and tax professional. They discuss various sources of financial information that people can explore to enhance their financial knowledge. They highlight The Morning Brew, Wall Street Journal, CNBC, Bloomberg, Yahoo Finance, The Balance, Nerd Wallet, and Finra.org as reliable sources for financial news and education. Liz also mentions Student Loan Planner as a valuable resource for individuals dealing with student loans. The conversation emphasizes the importance of finding resources that present information in an easily understandable and digestible manner.Key Takeaways:The Morning Brew, Wall Street Journal, CNBC, Bloomberg, Yahoo Finance, The Balance, Nerd Wallet, and FINRA.org are reliable sources for financial information.Student Loan Planner is a valuable resource for individuals dealing with student loans.It is crucial to find resources that present information in an easily understandable and digestible manner.About The Guest:Liz Zemak is a financial planner and tax professional with over ten years of experience. She joined the Rooted Planning Group in July 2023 and has been dedicated to building client relationships and providing valuable financial advice. Liz is passionate about helping clients achieve their financial goals and has been pursuing certifications to enhance her expertise in the field.Quotes:"Finding those resources that really present information in a way that's easy for you to understand is important." - Liz Zemak"If you make slight changes on a day-to-day basis, you can reach your financial goals." - Liz ZemakRemember, just like a good bottle of wine, the Wine and Dime Podcast gets better with time. So don't forget to rate and subscribe to our show, where we blend the flavors of wine and personal finance to help you achieve financial freedom! If you have any questions that you would like answered on the show, feel free to email us at info@rootedpg.comOr visit us at www.rootedpg.com/podcasts for full show notes and links!Exploring Financial Resources: A Comprehensive GuideWelcome to Wine and Dime, where we uncork the world of personal finance and explore the various sources of financial information available to individuals. In today's episode, we have Liz Zemak, a seasoned financial planner, joining us to discuss the different resources people can turn to for financial knowledge. As we delve into this topic, we'll highlight some of our favorite sources and the reasons why we find them valuable.The Morning Brew: A Digestible Source of Financial NewsOne resource that our team unanimously recommends is The Morning Brew. This platform offers both a newsletter and a podcast, making it convenient for individuals to stay informed even on the go. Liz and I particularly appreciate The Morning Brew because it provides concise and easily digestible summaries of the top financial stories. It serves as a great starting point for exploring further information on specific topics.Established Financial News OutletsWhen it comes to financial news, there are several established outlets that consistently produce high-quality content. The Wall Street Journal, CNBC, Bloomberg, and Yahoo Finance are among our team's top picks. These sources cover a wide range of financial topics and provide in-depth analysis of current events. Their reputation and credibility make them reliable sources for staying updated on the latest developments in the financial world.Going Back to Basics: The Balance and Nerd WalletSometimes, it's essential to revisit the fundamentals of personal finance. The Balance and Nerd Wallet are two resources...

Amy Irvine and Kate Welker discuss whether people should be pulling money out of the stock market and putting it into cash. They explain that while cash may currently be yielding a high rate of return, historically, a stock market-based portfolio will provide a higher rate of return over the long term. They also discuss the concept of the yield curve and how it affects different investment options. Additionally, they provide tips for saving on taxes at the end of the year, such as maximizing contributions to retirement plans and considering Roth conversions.Key Takeaways:Historically, a stock market-based portfolio will provide a higher rate of return over the long term compared to cash.The yield curve refers to the relationship between short-term and long-term interest rates. A normal yield curve has lower short-term rates and higher long-term rates.Consider maximizing contributions to retirement plans and exploring Roth conversions to save on taxes at the end of the year.Quotes:"For a long-term investment, staying steady in the market is more successful." - Kate Welker"Run some numbers right now. Once you get to the end of the year, you don't have a lot of options." - Amy IrvineRemember, just like a good bottle of wine, the Wine and Dime Podcast gets better with time. So don't forget to rate and subscribe to our show, where we blend the flavors of wine and personal finance to help you achieve financial freedom! If you have any questions that you would like answered on the show, feel free to email us at info@rootedpg.comOr visit us at www.rootedpg.com/podcasts for full show notes and links!Should You Pull Money Out of the Stock Market?The question of whether to pull money out of the stock market and invest in cash is a common one, especially during periods of market volatility. However, it is important to consider one's long-term goals and objectives before making any decisions based on fear. As Kate Welker, one of the financial planners at Rooted Planning Group, explains:"If you have one side of your equation allocated to stocks and equities, and the other side allocated to fixed income, such as bonds, CDs, cash, or money market funds, it may be ideal to allocate a portion of your cash to a money market fund that is currently yielding a higher rate of return. While this rate is not guaranteed and may change in the future, it is currently around 5%."It is crucial to remember that historically, a stock market-based portfolio has provided a higher rate of return over the long term compared to cash investments. As Kate points out, cash investments have historically averaged around 1.2% return, while a stock market-based portfolio can yield a historical rate of return of 7% to 9%. Therefore, staying invested in the stock market is generally more beneficial for long-term investment goals.Understanding the Yield CurveTo fully grasp the implications of investing in different types of fixed income vehicles, it is important to understand the concept of the yield curve. The yield curve represents the relationship between the interest rates and the time to maturity of bonds of the same credit quality. A flat yield curve occurs when short-term and long-term interest rates are relatively equal, while an inverted yield curve occurs when short-term interest rates are higher than long-term rates.As Amy Irvine, the CEO and founder of Rooted Planning Group, explains:"A flat yield curve would mean that a three-month CD, a five-year CD, and a ten-year CD all have the same interest rate, for example, 5%. An inverted yield curve, on the other hand, occurs when shorter-term interest rates are higher than longer-term rates."In recent...

As the job market continues to evolve and adapt, it is essential for individuals to approach their career transitions with confidence and purpose. Whether you are seeking a new opportunity or have been displaced from your current position, understanding the recruitment process and effectively positioning yourself in the market is crucial. In this article, we will explore the insights and expertise of Sarah Connors, a seasoned recruitment professional, as she shares her knowledge on navigating the job market and finding the right fit for your career aspirations.About The Guest(s):Sarah Connors is the Senior VP of Planet Professional, a staffing firm based in Boston. With over 12 years of experience in recruiting, Sarah has a passion for helping individuals find their dream jobs and guiding them through the placement process. She specializes in administrative, accounting, finance, HR, and recruiting roles.Summary:Sarah Connors, Senior VP of Planet Professional, joins Amy Irvine, founder and CEO of Rooted Planning Group, to discuss the process of finding the right job placement. Sarah shares her background in recruiting and explains the importance of the intake call in understanding a candidate's needs and preferences. She provides tips on how to sell yourself in an interview without sounding arrogant and emphasizes the significance of researching the company before an interview. Sarah also advises individuals to regularly evaluate their happiness and career goals to ensure they are on the right path.Remember, just like a good bottle of wine, the Wine and Dime Podcast gets better with time. So don't forget to rate and subscribe to our show, where we blend the flavors of wine and personal finance to help you achieve financial freedom! If you have any questions that you would like answered on the show, feel free to email us at info@rootedpg.comOr visit us at www.rootedpg.com/podcasts for full show notes and links!Key Takeaways:The intake call is crucial in understanding a candidate's needs and preferences.Confidence in an interview comes from listening, asking insightful questions, and showing passion for your work.Researching the company before an interview is essential to demonstrate your interest and preparedness.Regularly evaluate your happiness and career goals to ensure you are on the right path.Did you know that the average resume initially only gets a 5 - 10-second look, so what do you need to do to make it stand out?How to self-promote without sounding overconfident like a jerkWhen to apply for a job even when you aren't sure you have all the qualificationsTo learn more about Sarah Connors and her expertise in recruitment, you can connect with her on LinkedIn or reach out to her via email at sconnors@planet-pro.com.Wine Recommendations: As the fall starts to approach upstate NY, so will the fall colors! I'm looking forward to being a tourist this fall, exploring the beauty of the area. I'm planning on touring the east side of Seneca Lake using a “travel guide” I found online - Finger Lake Vineyards, Part II: The Best Wine Trails Around Seneca Lake (thetravel.com)Sarah's Favorite Wine is bubbly - for a good sparkling wine in the Finger Lakes region consider exploring: 9 Outstanding Finger Lakes Wineries Making Sparkling Wine...

Hello, dear listeners! In this special episode of the "Wine and Dime" podcast, we are venturing into a topic that intertwines personal growth and financial wisdom - navigating the complex journey of divorce. I am thrilled to introduce you to the remarkable Paula Lesso, a seasoned divorce coach and author, who has transformed her personal experiences into a beacon of support and guidance for many women. And here's a little sprinkle of excitement - Paula has a heartwarming exclusive offer just for our listeners, which we can't wait to unveil in the episode!Remember, just like a good bottle of wine, the Wine and Dime Podcast gets better with time. So don't forget to rate and subscribe to our show, where we blend the flavors of wine and personal finance to help you achieve financial freedom! If you have any questions that you would like answered on the show, feel free to email us at info@rootedpg.comOr visit us at www.rootedpg.com/podcasts for full show notes and links!What You Will LearnJoin us as we uncork a bottle of empathy, understanding, and financial savvy in this episode. Here are some nuggets of wisdom you can look forward to:The Three H's to Happiness: Discover Paula's unique approach to finding joy and fulfillment during and after divorce, focusing on the Head, Heart, and Health.Making the Go or No-Go Decision: Learn how to evaluate your relationship critically and make informed decisions that protect your best interests.How Paula's coaching can help you gain clarity on your journeyReasons to build your “team” should you decide to move forward with a divorceFinancial Planning During Divorce: Gain insights into the financial intricacies of divorce and how to navigate them with grace and foresight.Communication and Self-Reflection: Uncover the power of effective communication and self-reflection in healing and rebuilding relationships.Wine RecommendationDr. Konstantin Frank Salmon Run RieslingAs we delve into this enriching conversation, let's raise a glass of the exquisite Salmon Run Riesling 2021. Best described as bright fresh fruit with dominant characters of fresh pineapple and lemon sorbet. The light sweetness is well balanced by a refreshing acidity and a soft mouth feel.Pair with Middle Eastern, Moroccan, Thai, and Asian cuisines. Pairs well with Spicy and Aromatic Ingredients like Pepper, Ginger, Curry, Sesame, and Soy. Spicy BBQ and Wings. Pork.ConclusionAs we wrap up this preview, I, Amy Irvine, invite you to join us in this comforting and enlightening session. Together, we'll explore the realms of personal growth and financial stability during one of life's most challenging transitions. Let's uncork both a bottle of fine wine and the wisdom Paula Lesso has to offer, fostering a community of support, understanding, and resilience.Remember, whether you're going through a divorce or simply interested in personal finance nuances during such a transition, this episode promises a blend of heartfelt advice and financial expertise. So, grab your favorite wine glass and join us for a session that promises warmth, camaraderie, and a journey to rediscovering happiness.Cheers to moving gracefully through life's journeys, one step (and one sip) at a time!Find More About Our Special Guest and Today's Wine Recommendation:Paula Lesso: Learn more about Paula's transformative coaching services and her journey on her official website.Book Recommendation: Embark on a journey of self-discovery and

Welcome to another illuminating episode of Wine and Dime, where we explore and demystify financial landscapes while celebrating life's finer things. This week's episode is packed with insightful discussions, unraveling the latest updates on student loan repayments following a recent Supreme Court ruling.Hosted by Amy Irvine, CEO and Owner of Rooted Planning Group, this episode will guide you through this complex situation, equipping you with knowledge to navigate the shifting sands of student loans in the United States.Wine or Winery RecommendationLet's kick off this episode with a wine recommendation. This week, we introduce you to Billsboro Winery located on the picturesque Seneca Lake. Offering a unique mix of European style wines, Billsboro specializes in blended wines and a delightful summer Rosé.Indulge in their flavorful Cabsellagnon and Sarah blends, or savor their diverse and vibrant Rosé. Besides the wines, you can delight in their specially curated charcuterie board. The winery also offers a delectable chocolate pairing for those with a sweet tooth. To learn more about their offerings or plan your visit, head over to Billsborowinery.com.Remember:Make a reservation due to the winery's intimate sizeVisit their website for online purchases if you're outside the Finger Lakes areaEnjoy their uniquely blended wines and pairingsMain Discussion: Current State of Student Loans and the Supreme Court DecisionIn the wake of the COVID-19 pandemic, federal student loans were temporarily paused. However, a recent Supreme Court decision has stirred the waters. This ruling blocks the Biden administration's efforts to cancel up to $20,000 in federal student loans.Key Highlights:Interest on federal student loans will start accruing from September 1, with payments beginning in OctoberUpdating personal information and balances with your student loan provider is essentialConsider income-driven repayment and public service loan forgiveness to cancel student loan debtAmy goes on to delve into specific repayment plans like IBR (Income Based Repayment) and ICR (Income Contingent Repayment). She also shares valuable tips for managing and planning for your student loan repayment.Closing RemarksThe world of student loans can be confusing and daunting. Stay tuned with Wine and Dime for more updates, especially with the unveiling of the new SAVE plan that offers several benefits to student loan borrowers.In the meantime, do start budgeting for your repayments and explore organizations like Tisla, which provide free and fair student loan advice.Key TakeawaysReview and update your student loan provider accountReconsider your repayment options, especially income-driven onesStart budgeting for repayments, potentially setting aside money in a savings accountIf you need additional help, consult organizations like TISLAStay informed about the upcoming SAVE planRecommended WineBillsboro WineryLocated on Seneca Lake, Billsboro Winery produces elegant wines to suit various occasions. Their unique blends, like Cabsellagnon and Sarah, offer a rich and full-bodied flavor profile. Their summer Rosé is a refreshing treat. Visit their website or make a reservation to experience their exceptional wine tasting experience.Website: Billsboro WineryEnsure to tune in next time for another exciting episode of Wine and Dime, where we make financial education as enjoyable as a glass of your favorite wine!

Welcome back to Wine and Dime, where we delve into the rich nuances of financial planning, just as one might explore the complexities of a fine wine. In this episode, Amy Irvine, CEO and Founder of Rooted Planning Group, uncorks the topic of healthcare proxies in estate planning.Remember, just like a good bottle of wine, the Wine and Dime Podcast gets better with time. So don't forget to rate and subscribe to our show, where we blend the flavors of wine and personal finance to help you achieve financial freedom! If you have any questions that you would like answered on the show, feel free to email us at info@rootedpg.comOr visit us at www.rootedpg.com/podcasts for full show notes and links!What You'll LearnThe definition and purpose of a healthcare proxy within the context of comprehensive estate planning.The importance of selecting a trusted person (or persons) who can make healthcare decisions on your behalf during difficult and emotional times.Various scenarios and preferences you can outline in your healthcare proxy, including end-of-life decisions, organ donations, and specific medical treatments.An understanding of the Health Insurance Portability and Accountability Act (HIPAA) and its impact on your healthcare information.The relevance and importance of advanced directives and how they complement a healthcare proxy.How to manage healthcare-related decisions in case of permanent unconsciousness or terminal conditions.The necessity of open conversations with loved ones about your healthcare preferences and end-of-life wishes.Wine Tour RecommendationRooted Vine Wine Tours | Santa Barbara Wine Tours & Tastings (rootedvinetours.com)In keeping with the tradition of discovering wineries with a rooted theme, Amy brings to our attention the Rooted Vine Wine Tours based out of Santa Barbara. It's not a winery in itself but offers an exciting opportunity to explore various wineries in the region.Whether you're a novice enthusiast or a seasoned connoisseur, Rooted Vine Wine Tours promises a delightful expedition through some of the finest vineyards Santa Barbara has to offer. Ideal for those planning a visit to the area or looking for a unique wine adventure.Remember, like our financial journey, wine tasting is not just about the destination but the journey itself. You may just find your new favorite vine on the Rooted Vine Wine Tour!Check out their website for more details and plan your wine tour extravaganza.This episode is brought to you by Rooted Planning Group. Rooted Planning Group is a fee-only financial planning firm that specializes in working with women in their 30s and 40s who want to take control of their finances and plan for the future. Whether you're just starting out or you're looking to make a big change, Rooted Planning Group can help. Visit www.rootedpg.com to learn more.

Hey there Wine and Dime listener!Are you ready to dive into the world of estate planning with me? In this episode, we're going to talk about trusts - and trust me, it's not as complicated as you might think!First, I'll give you an overview of the different types of trusts, including testamentary trusts, living trusts, and irrevocable trusts. We'll also dive into specific types of irrevocable trusts, like irrevocable life insurance trusts and charitable remainder trusts. Don't worry, I'll make sure you understand all the parties involved in a trust, including the grantor, beneficiary, and trustee.One thing that I find super important is having a pour-over provision will to account for any assets accidentally left out of the trust. As a trustee, it's crucial to know about this provision and how it works - trust me on this one!There are so many reasons for forming a trust, like blended households, clear asset distribution, privacy of asset distribution, and asset protection. And if you want to learn more, you can always check out the resources on the Rooted Planning Group website.As always, don't forget to rate and subscribe to the show. And a big shoutout to T.J. Meehan, who helps with production. If you have any questions or want to learn more, you can contact me through the Rooted Planning Group website or follow us on social media.In my opinion, estate planning is not just for the wealthy. It's for anyone who wants to make sure their assets are distributed according to their wishes. So, let's get started on securing our future by playing this episode now.What You'll Learn:The types and purpose of various trusts, including Testamentary Trusts, Living Trusts, and Irrevocable Trusts.The parties involved in a trust: The Grantor, The Beneficiary, and The Trustee.The role of an executor in the trust process.The various scenarios where forming a trust could be beneficial.The nuances of estate planning with blended families.Summary of Discussion:In this fruitful discussion, Amy Irvine, founder of Rooted Planning Group, takes a deep dive into estate planning with a focus on trusts. Trusts are vital tools in estate planning that ensure your assets are handled according to your wishes. The episode uncovers the different types of trusts, including Testamentary, Living, and Irrevocable Trusts, each serving unique purposes.Amy also explains the roles of the three key players in a trust: The Grantor (who creates and funds the trust), the Beneficiary (who ultimately receives the proceeds from the trust), and the Trustee (who has a fiduciary responsibility to manage the trust).Amy touches on the vital role of an executor who works closely with the trustee to ensure a smooth asset transfer. This episode also explores situations where forming a trust could be particularly beneficial, including blended households, probate reduction, privacy of asset distribution, and asset protection.Winery Recommendation:Get your corkscrews ready because this episode's wine recommendation is Bricoleur Vineyards, a French winery in beautiful Sonoma County. While Amy hasn't tasted their wines yet, she was drawn to their theme of "roots," which resonates with the spirit of the Rooted Planning Group. They have a strong focus on their vineyard's roots, reminding us of the deep-seated connections between life, finances, and good wine.Wrapping Up:This episode is a must-listen for anyone looking to take a deeper understanding of trusts and estate planning. As always, Amy encourages listeners to refer to additional resources available on rootedpg.com. Don't forget to share this episode with friends, rate it on iTunes, and prepare for the next episode. Now, raise a glass to smart financial planning...

Welcome to another episode of our podcast, where we believe in blending financial acuity with the art of living well. Today, we're tackling a topic that can seem as complex and intimidating as a sommelier's wine list—the Debt Ceiling. In this session, our very own Amy Irvine, CEO and Founder of Rooted Planning Group, takes us on a guided tour of the fiscal landscape.We'll be getting to grips with the intricacies of the Debt Ceiling, its importance in the U.S. economic system, and its potential implications on personal finance. Just as every grape variety has its own unique character, every financial concept has nuances that can profoundly impact your financial health. We'll distill these complex matters down into palatable, easy-to-understand bites.And, speaking of bites, we won't be leaving you parched. Amy will be sharing her recent wine adventure as she takes us to the Walla Walla Valley in Washington State, promising us some delightful deep reds that are as surprising and fascinating as our topic of discussion. So, pour yourself a glass and get comfortable as we uncork the mysteries of the Debt Ceiling in this episode.Remember, just like a good bottle of wine, the Wine and Dime Podcast gets better with time. So don't forget to rate and subscribe to our show, where we blend the flavors of wine and personal finance to help you achieve financial freedom! If you have any questions that you would like answered on the show, feel free to email us at info@rootedpg.comOr visit us at www.rootedpg.com/podcasts for full show notes and links!Key Discussion Points:What is the Debt Ceiling?: This episode unpacks the debt ceiling concept, which is the maximum amount of money Congress authorizes the federal government to borrow to meet its bills. It's crucial to note that these expenses are pre-approved, indicating that Congress is aware of expenses surpassing the revenue.The Global Perspective: In a world where only the US and Denmark have a fixed debt ceiling, we ponder whether this approach is antiquated. Should the discussion also revolve around changing the formula?Historical Precedents: We reflect on the four instances when the US, arguably, defaulted, and the closest we came to a default in 2011, which resulted in the loss of the AAA rating.Potential Impact of a Default: The episode then explores the sobering potential consequences if the US were to default - including substantial GDP drop, millions of job losses, and the consequent hike in borrowing costs.The 14th Amendment as a Solution? Finally, we discuss the implications of invoking the 14th Amendment to entirely remove the debt ceiling, a significant shift in our financial structure.If you found our episode enlightening and engaging, don't hesitate to like, rate, and subscribe to Wine and Dime for more discussions that harmonize the world of wine and personal finance. Got queries or topics you want us to uncork in our future episodes? Feel free to reach out. Tune in next time for more financial insights as we continue our journey from the roots of your financial vineyard to the tips of your flourishing vines. Cheers to your financial well-being!Wine Region Recommendation:In true Wine and Dime fashion, we can't explore the complexities of the Debt Ceiling without a fine wine to accompany our discussion. This episode, Amy takes us on a virtual wine tour to the lesser-known but nonetheless impressive Walla Walla Valley in Washington State.Amy's journey into this stunning viticulture region reveals a treasure trove of deep, sumptuous red wines that promise to delight your palate. The Walla Walla Valley might not be as famous as its neighbors, the Columbia Valley and Willamette Valley, but its wines have a distinctive character that's worth seeking out. With rich, full-bodied...

Economics 101: Understanding Economic TermsGet ready to dive into the world of finance like you've never done before! In this episode, our financial wizard Amy Irvine takes us on a whirlwind tour, decoding complex financial jargon and making it as easy as ABC. From short selling to capital gains, Amy breaks down intricate financial terms with her knack for making tricky concepts digestible. Ever wondered what 'market capitalization' really means? Or how about the strategy behind 'dollar cost averaging'? Well, you're in the right place.But that's not all! Get ready to journey with Amy to the lush vineyards of Tennessee as she shares her wine region recommendation for this episode. With a glass of enchanting French Hybrid wine in hand, we promise you an enlightening experience where finance meets fun. So, buckle up for a roller coaster ride through the finance world and get ready to become the savvy investor you've always dreamed of being. Cheers to knowledge and good wine!Remember, just like a good bottle of wine, the Wine and Dime Podcast gets better with time. So don't forget to rate and subscribe to our show, where we blend the flavors of wine and personal finance to help you achieve financial freedom! If you have any questions that you would like answered on the show, feel free to email us at info@rootedpg.comOr visit us at www.rootedpg.com/podcasts for full show notes and links!Market CapitalizationAmy kicks things off with a clear definition of market capitalization and how it divides companies into categories of large cap, mid cap, and small cap. These terms, based on the overall value of a company's publicly traded shares, can greatly influence investment strategies.Dollar Cost AveragingNext up, we discuss dollar cost averaging, a strategy that involves regularly investing a fixed amount of money, regardless of asset price. Amy explains why this method can help investors avoid the pitfalls of market timing and reduce the impact of market volatility.LiquidityAmy gives a great explanation of liquidity, referring to how quickly assets can be converted into cash. She also introduces us to its opposite - illiquidity - and discusses how these concepts can affect your financial decisions.Short SellingWe then move onto short selling, a topic that has made headlines in recent years. Amy breaks down this high-risk investment strategy and why it's not typically recommended for most investors.ETFs vs Mutual FundsAmy helps us understand the difference between exchange-traded funds (ETFs) and mutual funds. While they may seem similar, they're traded differently and can have distinct implications for your investment portfolio.Capital Gains & Capital Gain DistributionsFinally, we delve into the world of capital gains and capital gain distributions. Amy highlights the important differences between these two terms and how they can affect your tax return.If there are any financial terms you've heard and want to learn more about, we encourages listeners to reach out. We are always eager to help unravel the complexities of financial terminology and make finance more accessible to everyone.Wine Region RecommendationIn this episode, Amy invites us on a captivating journey through the flourishing vineyards of Tennessee, USA. Tennessee is making its mark in the wine world with its French Hybrid wines. These wines, bred to resist the harsh American winters and various vine diseases, provide a unique flavor profile that sets Tennessee wines apart.From the Appalachian High Country to the banks of the Mississippi River, Tennessee's diverse landscape offers a myriad of wine experiences. The...

Welcome to another exciting episode of Wine and Dime with your host, Amy Irvine! In this episode, we'll not only dive deep into the world of economics, but also embark on a delightful exploration of the Virginia wine region. Get ready to learn about the state's rich history of wine production, the unique varietals it offers, and the beautiful landscapes where these grapes flourish. So, pour yourself a glass of your favorite Virginia wine, sit back, and join Amy as she uncorks a wealth of knowledge about both CPI and unemployment, as well as the fascinating world of Virginia's wine industry. Cheers!Remember, just like a good bottle of wine, the Wine and Dime Podcast gets better with time. So don't forget to rate and subscribe to our show, where we blend the flavors of wine and personal finance to help you achieve financial freedom! If you have any questions that you would like answered on the show, feel free to email us at info@rootedpg.comOr visit us at www.rootedpg.com/podcasts for full show notes and links!Episode Summary:In today's episode, Amy Irvine explores the connection between economic indicators like the Consumer Price Index (CPI) and unemployment, and how they influence consumer sentiment. As Amy breaks down the complexity of CPI, she highlights its various components and how they relate to inflation.The discussion then moves on to the relationship between unemployment and inflation, with Amy explaining the significance of the U3 and U6 unemployment rates. She emphasizes the importance of monitoring these rates to understand their potential impact on the economy.Lastly, Amy delves into the connection between consumer and investment sentiment, explaining the importance of consumer sentiment as an economic indicator. By understanding consumer sentiment, we can better grasp how it affects spending and overall GDP.Don't miss out on this informative episode that sheds light on the complex relationships between economic indicators and consumer behavior. And if you haven't already, make sure to listen to the previous episodes in this six-part series to get a comprehensive understanding of the economy and its impact on our daily lives.Virginia is for Wine Lovers:In this episode, host Amy Irvine takes a detour from the economic discussion to share her passion for wine, specifically exploring the wine industry in Virginia. She reveals that wine production in the state dates back to the early days of European colonization in the 17th century. Despite the hot and humid summers that can pose a challenge to viticulture, the Virginia wine industry has grown significantly in the last 20 years.Amy highlights that French hybrid varieties account for about 20% of the total grape production in Virginia, while American varietals make up approximately 5%. She shares the top ten varietals produced in the region, such as Chardonnay, Cabernet Franc, Merlot, and Viognier. Amy also notes that the central and northern Virginia County area, particularly just east of the Blue Ridge Mountains, is responsible for a significant portion of the state's wine production.Amy's enthusiasm for the Virginia wine industry is evident as she expresses her desire to visit and explore the region in person, and she encourages listeners to share their recommendations for great Virginia wines that she could try and potentially feature on the show in the future.This episode is brought to you by Rooted Planning Group. Rooted Planning Group is a fee-only financial planning firm that specializes in working with women in their 30s and 40s who want to take control of their finances and plan for the future. Whether you're just starting out or you're looking to make a big change, Rooted Planning Group can help. Visit

Welcome to another fun episode of Wine and Dime with Amy Irvine, where we chat about money matters while enjoying some fantastic wine. In today's episode, we'll explore the world of economic indicators, making it easy to understand for everyone. And what better way to learn than with a tasty glass of Airlie Winery's Rosé of Pinot Noir by our side? So, grab your favorite wine glass and join us as we dive into the world of finance with a touch of Oregon's finest wine. Get ready to learn, laugh, and sip with us. Cheers!What You Will Learn:Economic terms and their impact on everyday lifeUnderstanding leading economic indicators (LEIs) and how they signal a recessionThe role of the Institute for Supply Management (ISM) in tracking economic activityRemember, just like a good bottle of wine, the Wine and Dime Podcast gets better with time. So don't forget to rate and subscribe to our show, where we blend the flavors of wine and personal finance to help you achieve financial freedom! If you have any questions that you would like answered on the show, feel free to email us at info@rootedpg.comOr visit us at www.rootedpg.com/podcasts for full show notes and links!Understanding Economic Indicators:The importance of LEIs and how they help predict a recessionAverage weekly hours in manufacturingAverage weekly initial claims for unemployment insuranceManufacturers' new orders for consumer goods and materialsManufacturers' new orders for non-defense capital goods (excluding aircraft orders)Building permits for new private housing unitsS&P 500 leading credit indexInterest rate spreadsAverage consumer expectations for business conditionsInstitute for Supply Management (ISM) activity growth manufacturing index: composite of new orders, production, employment, supplier deliveries, and inventoriesNon-manufacturing index: composite of business activity, new orders, employment, and supplier deliveriesWine Recommendation Highlight:Sipping on Airlie Winery's Rosé of Pinot NoirAmy shares her love for Airlie Winery's Rosé of Pinot Noir, a refreshing and spicy wine that she enjoyed during her visit to Oregon's Willamette Valley. This delightful wine helped her get through the 2023 tax season, making it a personal favorite.Featured Wine:Airlie Winery's Rosé of Pinot Noir: A refreshing and spicy Rosé perfect for wine enthusiasts looking for something different.For more information on Airlie Winery and their range of wines, visit their website or check them out when you're in the Oregon Willamette Valley area. And remember to share your favorite wine recommendations with us on Facebook and Instagram @rootedpg. Cheers!Helpful Links:Rooted Planning Group: Learn more about the financial planning services offered by the episode's sponsor, Rooted Planning Group - www.rootedpg.comAirlie Winery: Discover Airlie Winery's Rosé of Pinot Noir and their other wines - www.airliewinery.comNational Bureau of Economic Research (NBER): Find information on leading economic indicators and other economic data - www.nber.orgInstitute for Supply Management (ISM): Learn more about the ISM indices and economic activity - www.ismworld.orgWine and Dime Facebook: Follow Wine and Dime on Facebook for the latest news and updates -

Hi there, Wine and Dime listeners! Amy Irvine here, and I want to start a series on economics. I've realized that during some of my presentations, not everyone may be familiar with some of the terms I use. So, over the next six weeks, I'll be discussing various economic topics that may be new to you but are important to understand. This week, let's start with understanding the importance of the Fed Funds Rate.Remember, just like a good bottle of wine, the Wine and Dime Podcast gets better with time. So don't forget to rate and subscribe to our show, where we blend the flavors of wine and personal finance to help you achieve financial freedom! If you have any questions that you would like answered on the show, feel free to email us at info@rootedpg.comOr visit us at www.rootedpg.com/podcasts for full show notes and links!Understanding the Importance of the Fed Funds RateThe Fed Funds Rate has been making headlines over the past year and a half, with projections showing interest rate hikes to slow inflation. Here's what you need to know:What is the Fed Funds Rate? The Fed Funds Rate is the interest rate at which banks lend to each other overnight. It's set by the Federal Reserve to influence economic activity.Why is it important? The Fed Funds Rate affects everything from the yield on your savings account to the price of goods and services.How does it affect you? Changes in the Fed Funds Rate can impact your borrowing costs, your investments, and even your job opportunities.Other Key Terms to KnowYield Curve: The yield curve is the difference between short-term and long-term interest rates. An inverted yield curve, where short-term rates are higher than long-term rates, can signal an economic slowdown.APR vs. APY: APR (annual percentage rate) is the interest rate you pay on a loan, while APY (annual percentage yield) is the interest rate you earn on an investment. Make sure you know the difference!Basis Points: A fancy term for percentage points. 100 basis points equal 1%.My Exploration of Scottish WineAs many of you know, I'm planning a trip to Scotland in 2024, and I've started to get educated about the country. Believe it or not, Scotland has some wineries! While they don't produce a lot of wine, I came across a winery called Chateau Largo during my research. I'm always up for trying new things, so I'm challenging you to find a Scottish wine that you enjoy. If you do, please report back to me!Where to Learn MoreIf you want to learn more about the Fed Funds Rate and other economic terms, check out the links below:Federal Reserve: What is the Fed Funds Rate?Investopedia: Yield CurveNerdWallet: APR vs. APYThat's all for now. Stay tuned for more economic topics in the coming weeks. Cheers!This episode is brought to you by Rooted Planning Group. Rooted Planning Group is a fee-only financial planning firm that specializes in working with women in their 30s and 40s who want to take control of their finances and plan for the future. Whether you're just starting out or you're looking to make a big change, Rooted Planning Group can help. Visit www.rootedpg.com to learn more.

Welcome to Wine and Dime, the podcast that uncorks the mysteries of personal finance! Today, we're diving into the nitty-gritty of business expenses. As a solopreneur or small business owner, you want to maximize your deductions and minimize your tax bill, right? Well, buckle up, because our guest experts, Kate Welker and Amy Irvine, are ready to help you do just that. From office supplies to travel expenses, from depreciation to employee benefits, they'll guide you through the maze of IRS rules and regulations. So grab a glass of your favorite vintage, and get ready to toast to your financial success!What you will learn:The importance of keeping accurate records of business expenses for tax purposesThe difference between deductible and non-deductible expenses, and how to determine which category an expense falls underHow to calculate depreciation on assets and determine when to list them separately on tax returnsThe nuances of travel and meal expenses, including what is deductible and what is notThe importance of paying both the employer and employee side of Medicare and Social Security taxes as a self-employed individualThe benefits of solo 401k plans and other employee benefit programs for solo entrepreneursRemember, just like a good bottle of wine, the Wine and Dime Podcast gets better with time. So don't forget to rate and subscribe to our show, where we blend the flavors of wine and personal finance to help you achieve financial freedom! If you have any questions that you would like answered on the show, feel free to email us at info@rootedpg.comOr visit us at www.rootedpg.com/podcasts for full show notes and links!The Wine - 2015 WALLA WALLA VALLEY SYRAH DESSERTIf you're a fan of dessert wines, you won't want to miss out on the 2015 WALLA WALLA VALLEY SYRAH DESSERT from Pudding River Winery. This rich and complex wine offers flavors of black cherry, chocolate, and spice, with a smooth finish that lingers on the palate. It's the perfect wine to enjoy after a meal or to pair with a decadent chocolate dessert. Visit Pudding River Winery's website to learn more about this delicious wine and how to get your hands on a bottle.Useful LinksIRS Schedule C: https://www.irs.gov/forms-pubs/about-schedule-c-form-1040IRS Publication 535 (Business Expenses): https://www.irs.gov/forms-pubs/about-publication-535IRS Publication 463 (Travel, Entertainment, Gift, and Car Expenses): https://www.irs.gov/forms-pubs/about-publication-463IRS Publication 587 (Business Use of Your Home): https://www.irs.gov/forms-pubs/about-publication-587Solo 401k: https://www.irs.gov/retirement-plans/one-participant-401k-plansSelf-employment taxes:

Pairing Schedule 3 with the Perfect Wine: A Tax Season GuideIn this episode of the Wine and Dime podcast, host Amy Irvine discusses Schedule 3 of the 1040 tax form, which covers additional credits and payments. Schedule 3 of the 1040 tax form is like the third glass of wine - it's necessary to finish, but you're not sure if it's worth the headache tomorrow.Kidding aside, Remember, just like a good bottle of wine, the Wine and Dime Podcast gets better with time. So don't forget to rate and subscribe to our show, where we blend the flavors of wine and personal finance to help you achieve financial freedom! If you have any questions that you would like answered on the show, feel free to email us at info@rootedpg.comOr visit us at www.rootedpg.com/podcasts for full show notes and links! Here are some key points from the episode:Schedule 3 is where you might get some additional credits and payments after your taxes have been calculated.The first part of Schedule 3 is for non-refundable credits. If you don't pay enough in taxes, these credits will offset any amount of liability or tax computation that you might owe.You can also get a foreign tax credit if you paid taxes on international funds held within your brokerage account.The credit for child and dependent care expenses can provide some benefit based on your income level and the amount paid for childcare, with the maximum credit being $3,000 for one child and $6,000 for two or more qualifying children.Education credits such as the American Opportunity Credit and the Lifetime Learning Credit are available for those who have college expenses.If you are saving for retirement, you may be eligible for a retirement credit.Winery Recommendation:Pudding River Winery is a family-owned and operated vineyard located in Salem, Oregon, that has been producing award-winning wines since 2003. The winery's name is inspired by the nearby Pudding River, which flows through the beautiful Willamette Valley. The winery's mission is to create unique and high-quality wines that reflect the distinct terroir of their vineyard.Pudding River Winery's vineyard spans over 22 acres, and it is planted with several grape varietals, including Pinot Noir, Chardonnay, Pinot Gris, Riesling, and Syrah. The winery uses sustainable farming practices, such as composting and cover cropping, to ensure that their grapes are healthy and vibrant. Their wines are handcrafted in small batches, using traditional winemaking techniques and minimal intervention, to showcase the natural flavors and aromas of the grapes.The winery's tasting room is a charming and cozy space, decorated with warm wood accents and beautiful artwork. Visitors can taste a selection of the winery's current releases, including their Pinot Noir, Chardonnay, Pinot Gris, and Riesling. Pudding River Winery also offers guided tours of their vineyard and winery, where visitors can learn about their winemaking process and the history of the winery.If you are interested in trying Pudding River Winery's wines, you can purchase them directly from their website or visit their tasting room in Salem. Some of their wines are also available for purchase at local wine shops and restaurants in Oregon. Here are some additional links to explore their wine selection:Pudding River Winery's online store: https://puddingriver.orderport.net/wines/Current-ReleasesWine Enthusiast's review of Pudding River Winery's 2018 Pinot Noir:

Amy Irvine of Wine and Dime is back with another episode, and this time she's uncorking the secrets of Schedule 2 from the 1040 tax document. It may sound daunting, but Amy breaks it down like a fine wine, explaining the different types of taxes and penalties that can show up on Schedule 2. But what's a tax episode without a wine recommendation? Amy suggests pairing your tax prep with a glass of Pudding River Winery's Willamette Valley Chardonnay. This "delightful" wine is the perfect complement to your financial musings, with its notes of apple and pear and a smooth finish that will leave you feeling refreshed and ready to tackle your taxes.So next time you're faced with the daunting task of Schedule 2, remember to take it one sip at a time and pair it with a delicious glass of wine. Cheers to financial wellness and a well-stocked wine rack!Remember, just like a good bottle of wine, the Wine and Dime Podcast gets better with time. So don't forget to rate and subscribe to our show, where we blend the flavors of wine and personal finance to help you achieve financial freedom! If you have any questions that you would like answered on the show, feel free to email us at info@rootedpg.comOr visit us at www.rootedpg.com/podcasts for full show notes and links!Main Discussion: Amy discusses Schedule 2 from the 1040 tax document, which includes additional taxes and penalties that a taxpayer may owe. She explains that Schedule 2 is used to report alternative minimum tax, excess advance premium tax credit repayment, additional taxes on IRA or other qualified retirement plans, and other taxes. Amy provides a helpful overview of each of these taxes and explains how they may apply to individual taxpayers.In conclusion, Amy highlights the importance of understanding Schedule 2 and how it impacts your taxes. And of course, they recommend enjoying a glass of Pudding River Winery's Willamette Valley Chardonnay while reviewing your taxes.Wine Recommendation: On this episode, Amy recommends a 2015 Willamette Valley Chardonnay from Pudding River Winery. She describes the wine as "delightful" with notes of apple and pear, a touch of vanilla, and a smooth finish. Pudding River Winery is a small, family-owned vineyard located in Salem, Oregon. Visit their website at puddingriver.com to learn more about their wines and vineyard.Links that you might find helpful:Schedule 2 of the 1040 tax document - The IRS website provides information on Schedule 2, including the different types of taxes and penalties that are reported on it: https://www.irs.gov/forms-pubs/about-schedule-2-form-1040Alternative Minimum Tax (AMT) - The Tax Foundation has an article that provides a comprehensive overview of AMT, including how it works and who may be subject to it: https://taxfoundation.org/alternative-minimum-tax/Excess Advance Premium Tax Credit Repayment - The healthcare.gov website provides information on this tax, including how it is calculated and who may be subject to it: https://www.healthcare.gov/glossary/excess-advance-premium-tax-credit-repayment/Additional Taxes on IRA or other Qualified Retirement Plans - The IRS website provides information on these taxes, including the different types of retirement plans that may be subject to them:

In this episode of Wine and Dime, Amy Irvine is back to talk about the wonderful and illustrious 1040! Amy dives into Schedule 1, which is actually an extension of the front side of the 1040. Schedule 1 is all about additional income and adjustments to income. What you'll learn:Different income items included in Schedule 1 Form 4797 and Form 2550Types of income need to be reported on Schedule 1Pudding River Pinot Noir for International Women's DayRemember, just like a good bottle of wine, the Wine and Dime Podcast gets better with time. So don't forget to rate and subscribe to our show, where we blend the flavors of wine and personal finance to help you achieve financial freedom! If you have any questions that you would like answered on the show, feel free to email us at info@rootedpg.comOr visit us at www.rootedpg.com/podcasts for full show notes and links!I. Additional Income ItemsTaxable refunds, credits, and offsets to state and local income taxesAlimony payments received (before or after 2019)Business income or loss (covered in more detail in part five)Other gains or losses (reported on Form 4797)Rental income (reported on Schedule E)Farm income or loss (reported on Schedule F)Unemployment compensationAny other income received (e.g. net operating loss, gambling, foreign earned income exclusion)Income from other resources (various forms may be required)Alaska permanent fund dividendsJury duty payPrizes or awardsII. Adjustments to IncomeEducator expensesCertain business expenses of reservists, performing artists, and fee-basis government officials.Health savings account (HSA) contributionsMoving expensesDeductible part of self-employment taxSelf-employed SEP, SIMPLE, and qualified plansSelf-employed health insurance deductionPenalty on early withdrawal of savingsAlimony paid (before or after 2019)IRA contributionsStudent loan interest deductionTuition and fees deductionConclusion:Schedule 1 is an important part of the 1040 tax form that covers additional income and adjustments to income.By understanding what needs to be reported and deducted, taxpayers can ensure they are accurately completing their tax return.Pudding River Winery's Pinot Noir: From the Willamette Valley in Oregon, Pudding River Winery's Pinot Noir is a complex and elegant wine with a deep ruby color and aromas of cherry, raspberry, and vanilla.On the palate, it has a smooth and silky texture with flavors of red fruit, spice, and a hint of earthiness.This wine pairs well with grilled salmon, roasted duck, or mushroom risotto.It has received high ratings from wine critics and is a great choice for those looking to explore the world of Oregon Pinot Noir.Links discussed in this episode:The IRS website provides detailed instructions on how to fill out Schedule 1, including a line-by-line breakdown: https://www.irs.gov/forms-pubs/about-schedule-1-form-1040Pudding River Winery: https://www.puddingriverwinecellars.com/Oregon Wine Board: https://industry.oregonwine.org/Willamette Valley:

Thinking about adding disability insurance or "Risk Transfer" to your financial plan? Listen to this episode of the Wine and Dime Podcast by Amy Irvine as she shares what she learned at a recent conference sponsored by LLIS. She will also share her wine pick for this month as she starts her "around the world" with her tastebuds wine tour this year. Prejean Winery, https://prejeanwinery.com/ - Riesling or Gold Finch Riesling - check out the story of this wine, talk about a life event!WHAT IS LLIS YOU MAY BE ASKING?AS AN EXTENSION OF FEE-ONLY FINANCIAL ADVISOR FIRMS, WE WORK WITH ADVISORS AND THEIR CLIENTS TO FIND THE RIGHT SOLUTIONS FOR:Term Life InsurancePermanent Life InsuranceUniversal Life; Individual and SurvivorshipVariable Universal Life (VUL)Guaranteed Universal Life (GUL); Individual and SurvivorshipDisability InsuranceCritical Care InsuranceLong Term Care InsuranceAnnuitiesImmediateFixedVariableHybrid Life/LTCiHybrid Annuity/LTCiLife SettlementsThanks for listening and be sure to like, rate, subscribe and share.If you have any questions that you would like answered on the show, feel free to email us at info@rootedpg.comOr visit us at www.rootedpg.com/podcasts for full show notes and links!THIS EPISODE WAS PRESENTED BYAMY IRVINEROOTED PLANNING GROUP10 EAST MARKET STREETCORNING NY 14830WWW.ROOTEDPG.COMEMAIL: AMY@ROOTEDPG.COM

Thinking about adding life insurance to your financial plan? Listen to this episode of the Wine and Dime Podcast by Amy Irvine as she shares what she learned at a recent conference sponsored by LLIS. She will also share her wine pick for this month as she starts her "around the world" with her tastebuds wine tour this year. Prejean Winery, https://prejeanwinery.com/ - 2016 Bosun's Mate - check out the story of this wine, talk about a life event!What is LLIS you may be asking? As an extension of fee-only financial advisor firms, we work with advisors and their clients to find the right solutions for:​Term Life InsurancePermanent Life InsuranceUniversal Life; Individual and SurvivorshipVariable Universal Life (VUL)Guaranteed Universal Life (GUL); Individual and SurvivorshipDisability InsuranceCritical Care InsuranceLong Term Care InsuranceAnnuitiesImmediateFixedVariableHybrid Life/LTCiHybrid Annuity/LTCiLife SettlementsThanks for listening and be sure to like, rate, subscribe and share. If you have any questions that you would like answered on the show, feel free to email us at info@rootedpg.comOr visit us at www.rootedpg.com/podcasts for full show notes and links! THIS EPISODE WAS PRESENTED BY AMY IRVINE ROOTED PLANNING GROUP 10 EAST MARKET STREET CORNING NY 14830 WWW.ROOTEDPG.COM EMAIL: AMY@ROOTEDPG.COM

Kate Welker is back with us on this episode of Wine and Dime with Amy Irvine. Kate draws on her experience working with her father to share some tips about insurance coverage with us. Tune in and listen to a great conversation that will inform and educate you about your insurance questions. What you'll learn: What types of coverage you should have in your insurance policy Dangers of DIYing water, backup, and soot repairs Making sure your liability coverage covers your risk Thanks for listening and be sure to like, rate, subscribe and share. If you have any questions that you would like answered on the show, feel free to email us at info@rootedpg.com Or visit us at www.rootedpg.com/podcasts for full show notes and links! https://www.hansonwine.com/ (Hanson Vineyards) - Small, family-owned winery... You'll meet Jason or Clark behind the bar in the tasting room. We grow the grapes, make the wine... family does it all at Hanson Vineyards. Marlene is around somewhere... most likely in the flower gardens or picking fruit or vegetables in season. Stop by the tasting room sometime! THIS EPISODE WAS PRESENTED BY AMY IRVINE ROOTED PLANNING GROUP 10 EAST MARKET STREET CORNING NY 14830 https://www.rootedpg.com/ (WWW.ROOTEDPG.COM) EMAIL: AMY@ROOTEDPG.COM Mentioned in this episode: Hanson Vineyards Hanson Vineyards https://www.hansonwine.com/ 34948 S Barlow Road Woodburn, Oregon 97071 (971)338-9760 info@hansonvineyards.com

Amy Irvine is the owner of Rooted Planning Group, an independent RIA based out of New York that oversees $67 million in assets under management for 175 households. Impressively, Amy has successfully managed the complexities of starting her own RIA focused on Gen X women despite seeing a very rapid expansion from 30 clients to over 100 clients in under 18 months. Listen in as she shares what made her realize that there was an untapped opportunity to provide financial planning services to career-driven Gen X women, as well as how she gained a generous amount of referrals. We also discuss how Amy managed the rapid growth of her firm, including why she chose to stop taking on any new clients for 3 months and instead hired a coach to prioritize the mental health of her staff over the economic growth of her firm. For show notes and more visit: https://www.kitces.com/291