Podcasts about financial mistakes

When it comes to asset protection, your first line of defense is insurance against a potential financial disaster. You may purchase insurance to protect an asset, like homeowners' insurance protects your personal residence in the case of significant damage. As you build your wealth, you may drop some types of insurance since you can self-fund if a situation occurs where you would actually use that insurance. Once you have an emergency fund that covers 3-6 months of living expenses, then you can self-fund any short-term disability. Some insurances are only necessarily depending on your personal situation. Life insurance is really to protect your loved ones since when you buy life insurance for yourself, you aren't on this earth the benefit from the payout of life insurance. This episode reviews the different types of insurance products and breaks down who would benefit from each insurance product.   Disclaimer: I am not an insurance broker, this is not personalized professional advice.   Please subscribe and leave a review on your favorite Podcasting platform. Get 12 Financial Mistakes that Keep Physicians from Building Wealth at https://www.growyourwealthymindset.com/12financialmistakes If you want to start your path to financial freedom, start with the Financial Freedom Workbook. Download your free copy today at https://www.GrowYourWealthyMindset.com/fiworkbook Dr. Elisa Chiang is a physician and money coach who helps other doctors reach their financial goals by mastering their money mindset through personalized 1:1 coaching . You can learn more about Elisa at her website or follow her on social media. Website: https://ww.GrowYourWealthyMindset.com Instagram https://www.instagram.com/GrowYourWealthyMindset Facebook https://www.facebook.com/ElisaChiang https://www.facebook.com/GrowYourWealthyMindset YouTube: https://www.youtube.com/c/WealthyMindsetMD Linked In: www.linkedin.com/in/ElisaChiang Disclaimer: The content provided in the Grow Your Wealthy Mind...

This month is going over probably my favorite happiness activity that comes out of The How of Happiness by Dr. Sonja Lyubomirsky  and that's nurturing social relationships. I personally am an extravert and love being connected with people. However, I have found this harder to do as I've gotten older.  We all get busy with our lives and time can seem to fly by. I'll notice it has been months since I chatted with a friend. Prepping this episode has prompted me to reach out to several people, as I mention in the episode. I hope it also prompts you to reach out to a friend or loved one you haven't connected with in a while. It's likely to boost your, and their, happiness. In this episode, we dive into:Why connection is a biological and emotional necessityHow small expressions of gratitude can transform your marriage or partnershipThe surprising truth about happy couples and the 5:1 ratioHow to shift your mindset when a loved one disappoints youThe Four Horsemen of unhappy relationships—and how to avoid themWays to celebrate good news with others and deepen connectionIf you're looking to feel more supported, loved, and joyful in your everyday life, this episode offers practical strategies backed by research—and delivered with compassion.Books Mentioned:The How of Happiness by Sonja LyubomirskyThe Seven Principles for Making Marriage Work by Dr. John GottmanPlease subscribe and leave a review on your favorite Podcasting platform. Get 12 Financial Mistakes that Keep Physicians from Building Wealth at https://www.growyourwealthymindset.com/12financialmistakes If you want to start your path to financial freedom, start with the Financial Freedom Workbook. Download your free copy today at https://www.GrowYourWealthyMindset.com/fiworkbook Dr. Elisa Chiang is a physician and money coach who helps other doctors reach their financial goals by mastering their money mindset through personalized 1:1 coaching . You can learn more about Elisa at her website or follow her on social media. Website: https://ww.GrowYourWealthyMindset.com Instagram https://www.instagram.com/GrowYourWealthyMindset Facebook https://www.facebook.com/ElisaChiang https://www.facebook.com/GrowYourWealthyMindset YouTube: https://www.youtube.com/c/WealthyMindsetMD Linked In: www.linkedin.com/in/ElisaChiang Disclaimer: The content provided in the Grow Your Wealthy Mind...

Everyone makes mistakes, even with their finances. In this episode, I share 6 common financial mistakes to avoid. 

In this crucial episode, we sit down with the insightful Amanda Webster to uncover the top 5 financial mistakes real estate investors make. From inefficient accounting setups to risky legal structures, learn how to avoid these common pitfalls that can cripple your investments. Get insights from an expert at Acrruity, an accounting firm built by and for real estate investors. Discover why accurate financial statements and properly recorded transactions are crucial for understanding your cash flow and avoiding tax nightmares. Amanda also stresses the importance of smart legal entity structuring (think beyond basic LLCs!) and implementing key performance indicators to scale effectively. Don't let financial missteps derail your real estate dreams. Tune in for actionable advice on setting a solid financial foundation for your investment journey. Learn to treat each property like its own business and gain valuable tips on asset protection and efficient bookkeeping. Avoid costly errors and build lasting wealth! #RealEstateFinancialMistakes     #InvestorAccountingTips #AvoidREIFinancialErrors #SmartRealEstateFinance #AccountingForRealEstate #LegalStructureForREI #REIAssetProtection #FinancialLiteracyForInvestors #RealEstatePodcastTips #InvestorGrowthHacks #AvoidInvestmentPitfalls #ScaleRealEstateSmart #AccurateRealEstateFinance #ProperLegalStructuring #REIInvestmentStrategy #FinancialPlanningForREI #RealEstateAccounting101 #LLCvsLandTrustREI #AvoidTaxIssuesREI #TrackYourREIKPIs #RealEstateCashFlowManagement #SmartInvestorDecisions #REIFinancialPlanning #LegalProtectionForREI #InvestmentAccounting #REIStrategyAndFinance #FinancialIntelligenceREI #StructuringYourREIBusiness #ProtectYourREIAssets #UnderstandREIFinance #BookkeepingForRealEstate #REIInvestmentGrowth #FinancialAwarenessREI #LegalGuidanceForInvestors #REIProfitabilityTips #SmartMoneyMovesREI #AccountingBestPracticesREI #REILegalEssentials #InvestmentFinanceStrategies #REIFinancialSuccess

In the episode 242 of IDEAS+LEADERS podcast we're diving into the world of entrepreneurship with Rohit Maini, Managing Director of the award-winning Apex Accountancy — named London's "Most Trusted Accountancy Practice" of 2023.In this inspiring conversation, Rohit shares his journey into entrepreneurship, insights into the evolving business landscape, and practical advice for small business owners navigating financial challenges and decision-making. From the keys to scaling a business successfully to balancing innovation with sustainability, Rohit offers real-world strategies for entrepreneurs ready to take their ventures to the next level.We explore:How small businesses can adapt to today's rapid changesThe biggest financial mistakes entrepreneurs make — and how to avoid themWhy leadership and strategic planning are critical for growthActionable steps you can take right now to move closer to your business goalsWhether you're an aspiring entrepreneur, a small business owner, or simply passionate about leadership, this episode is packed with valuable takeaways you won't want to miss!

Today we are talking with a doc who is celebrating getting back on track after some financial mistakes. He made the same mistake so many of us have and ended up with a bad financial advisor. His advisor sold him a disability policy that was overpriced and not a good product. Once he had his financial awakening he realized he could do this on his own. He fired his advisor and dropped the crappy policy. He took on his student loans in a new way and got rid of those too. He talked about the process of forgiving himself for his mistakes and celebrated the things he did do well. We love this story that shows us that making mistakes is part of the deal and you can always take control of your financial life and get back on track. After the interview we will be talking about career longevity for Finance 101. With Weatherby Healthcare, you choose your own healthcare career path. Our locums experts then support you every step of the way, helping you find the right opportunities at the right times. We understand your professional and personal goals, and are experts at helping you achieve them. Let's keep your career interesting with new locations and settings, and diverse patients and cases. And, just as importantly, let's make sure you get more free time for your hobbies… or to just relax. We'll help you find that balance. With more jobs in more locations, Weatherby gets you where you want to go. https://whitecoatinvestor.com/weatherby The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you! Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones  Main Website: https://www.whitecoatinvestor.com  Student Loan Advice: https://studentloanadvice.com  YouTube: https://www.whitecoatinvestor.com/youtube  Facebook: https://www.facebook.com/thewhitecoatinvestor  Twitter: https://twitter.com/WCInvestor  Instagram: https://www.instagram.com/thewhitecoatinvestor  Subreddit: https://www.reddit.com/r/whitecoatinvestor  Online Courses: https://whitecoatinvestor.teachable.com  Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter 

https://www.instagram.com/laurenlappin_In this week's episode Lauren discusses some of the most common financial mistakes that Salon Owners (of all experience levels) make, and how you can work to avoid them.You don't need to address all the potential financial mistakes in your business at the same time, just take them one a time and watch your revenue and your profitability grow ~ Lauren Lappin.8 Common Financial Mistakes that Salon Owners Make: Not having proper daily processes for handling transactions and cash. (01:30).Not optimising your Salon Calendar/Schedule, and not Block-Booking. (05:45).Not taking retail seriously enough. (10:30).Not maximising add-ons and upgrades to services. (15:30).Ignoring your reports, and running your business with blinders on. Not knowing (and understanding ) your key numbers. (18:30).Overspending on supplies and other business costs without checking for better deals and seeking out discounts from suppliers. (22:00). Undercharging and/or not increasing your prices, ever. (24:30).Not incentivising your Team to perform at their absolute best. (28:30).Rate and Review the Show in Apple: https://podcasts.apple.com/au/podcast/the-lash-business-lounge/id1609510128Rate the Show in Spotify: https://open.spotify.com/show/0xvJ8MNZM9cbjYBGcMDtb8?si=b23764e4d0ed4b59Lauren on Instagram: https://www.instagram.com/laurenlappin_Allure's Instagram: https://www.instagram.com/allure_lashbeautybar....This Episode was Recorded and Produced by Josh Liston at DeadsetPodcasting.com....This episodes theme music (Title: 'Highlander'') is from the amazing 'Scandianvianz'. Check them out on YouTube here and Subscribe to their Playlists: https://www.youtube.com/watch?v=NIGxBs8IPHM&list=PLzCxunOM5WFLOaTRCzeGrODz8TWaLrbhv&index=24

We'd love to hear from you. What are your thoughts and questions?In this episode of Streams to Impact, host Dr. Allen Lomax speaks with financial expert Drew Boyer about the intersection of personal finance and music, particularly hip hop. Drew shares his journey from a young intern during the tech bubble burst to becoming a certified financial planner. The conversation covers common financial mistakes, the burden of student loans, and the importance of finding genuine financial advisors. Drew emphasizes the need for financial literacy, planning, and the importance of investing in oneself. He also discusses his book, 'HipHopxFinance,' which aims to make personal finance accessible and engaging through the lens of music.Main Points:Drew's journey into finance began during a challenging market.The influence of hip hop culture on financial ambition is significant.Common financial mistakes include excessive student loan debt and credit card misuse.Planning ahead is crucial to avoid debt traps.Financial literacy is essential for navigating modern financial challenges.Finding a genuine financial advisor is key to successful planning.Debt remediation can be achieved through negotiation and planning.Investing in knowledge is the best investment one can make.Personal finance should be engaging and relatable.Combining passions can lead to fulfilling career paths.Connect With Drew Boyer:drew@boyerfinancialgroup.comhttps://hiphopxfinance.com/https://www.facebook.com/hiphopxfinancehttps://www.instagram.com/hiphopxfinance/https://www.instagram.com/drewboyer78/

We all make mistakes - but are there some financial mistakes that you could easily avoid? Roger and Elias break down 8 common financial mistakes and what investors should do instead. Take control of your financial future: https://www.btwealthshow.com/start-planning Securities and advisory services offered through LPL Financial, a registered investment advisor, member FINRA/SIPC.   The opinions voiced in this show are for general information purposes only and are not intended to provide specific advice or recommendations for  any individual. To determine which investments may be appropriate for  you, consult with your attorney, accountant, and financial or tax advisor prior to investing.   All performance referenced is historical and is not a guarantee of future results. All indices are unmanaged and cannot be invested into directly.  Premier Investments of Iowa, Inc. and LPL Financial do not provide tax advice, please consult your tax professional.  Economic forecasts set forth may not develop as predicted and there can be no guarantee that strategies promoted will be successful.  There is no assurance that the techniques and strategies discussed are suitable for all investors or will yield positive outcomes.  The purchase of certain securities may be required to effect some of the strategies.  All investing involves risk including possible loss of principal. There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk. All performance referenced  All performance referenced is historical and is not a guarantee of future results. All indices are unmanaged and cannot be invested into directly. There is no assurance that the techniques and strategies discussed are suitable for all investors or will yield positive outcomes. The purchase of certain securities may be required to effect some of the strategies. Investing involves risks including possible loss of principal. Rebalancing a portfolio may cause investors to incur tax liabilities and/or transaction costs and does not assure a profit or protect against loss. Dollar cost averaging involves continuous investment in securities regardless of fluctuations in price levels. Investors should consider their ability to continue purchasing through periods of low price levels. Such a plan does not assure a profit and does not protect against loss in declining markets. #personalfinance #retirementincome #financialplanning #financialfreedom #financialadvisor #retirement #investing #stockmarket #mortgage 

⚠️ How to Avoid Common Financial Mistakes During Divorce? | Los Angeles Divorce

Send me a text! (I might answer you in an episode)Join my husband, John, and I as we spill our TOP FIVE biggest money mistakes!We're laying it all bare. We'll share how we overcame these challenges, the biblical wisdom that guided us, and practical tips to help YOU avoid the same pitfalls.Learn how to budget effectively, prioritize your financial goals, and make smart decisions – even when it means sacrificing short-term comfort. Don't miss this episode – it might just save you from future heartache with your money and relationships. 

Send us a textAre you running a private practice but struggling with financial management? You're not alone. Many healthcare professionals find accounting, metrics, and financial strategy overwhelming—but mastering these areas is the key to business growth and long-term success.In this episode, Will and Keith break down the most common financial mistakes private practice owners make and how to shift your mindset for sustainable profitability. They discuss:Why financial awareness is crucial for business succesHow technology can provide clarity and forecasting powerThe key financial metrics every practice owner must tracHow coaching can help bridge knowledge gaps in business financeThe mental shift needed to go from clinician to business leaderThe future of accounting in private practiceIf you're a PT, healthcare provider, or private practice owner looking to grow your business and take control of your numbers, this episode is packed with insights you can't afford to miss.Virtual Rockstars specialize in helping support or replace all non-clinical roles.Book a free call to learn how a Virtual Rockstar can help scale your physical therapy practice.Subscribe here to our completely free Stress-Free PT Newsletter for your weekly dose of joy.

Financial Advisor Justin Dobak discusses critical mistakes to avoid when planning for retirement. He covers topics such as overspending, miscalculating inflation, underestimating medical expenses, social security strategies, and the risks of retiring too soon. Schedule your complimentary appointment today: TheRetirementKey.com Get a free copy of Abe’s book: The Retirement Mountain: The 7 Steps To A Long-Lasting Retirement Follow us on social media: YouTube | Instagram | Facebook | LinkedInSee omnystudio.com/listener for privacy information.

90% of Businesses Fail in Year One – Here's How to Survive! Most businesses don't fail because of a bad idea or lack of hard work—they fail because of FOUR critical mistakes that choke their growth before they even get started. In this episode, I break down the biggest reasons new businesses collapse and, more importantly, how YOU can avoid them. If you're serious about making your business last, this is the video you can't afford to miss!

90% of Businesses Fail in Year One – Here's How to Survive! Most businesses don't fail because of a bad idea or lack of hard work—they fail because of FOUR critical mistakes that choke their growth before they even get started. In this episode, I break down the biggest reasons new businesses collapse and, more importantly, how YOU can avoid them. If you're serious about making your business last, this is the video you can't afford to miss!

Let us know what you think - send us a textHave you ever wondered why, despite your impressive incomes (compared to residency training, you are still living paycheck to paycheck?In this surprising episode of The Independent Physician's Blueprint, Coach JPMD reveals a groundbreaking study that explains why doctors—even those in surgical residency, locum tenens, and independent practice—often miss the mark on generating wealth. Whether you're a medical graduate, a young physician navigating post-residency training programs, or a seasoned doctor looking for ways to decrease stress and boost practice enjoyment, this episode tackles the habits and strategies that separate the financially free from the merely well-paid. By tuning in, you'll learn:How to adopt smart money habits that will help you pay off medical school loans early and increase your income.Ways to retire early by following the simple, effective strategies used by everyday millionaires.The top 5 everyday millionaire professionsResearch Study on Everyday Millionaire by the Ramsey Solutionshttps://www.ramseysolutions.com/retirement/the-national-study-of-millionaires-researchhttps://cdn.ramseysolutions.net/media/company/pr/everyday-millionaires-research/national-study-of-millionaire-new.pdfDon't miss out on these transformative insights—click play now and start unlocking the financial freedom you deserve! Discover how medical graduates, junior doctors, and young physicians can navigate residency training programs, surgical residency, and locum tenens to increase income, enjoy independent practice, decrease stress, achieve financial freedom, and retire early, while maintaining patient satisfaction and exploring physician side gigs to tackle medical school loans.

What Happens If Your Ex Defaults on Shared Debt? | Los Angeles Divorce

How to Avoid Common Financial Mistakes During Divorce| Los Angeles Divorce

Financial mistakes can happen at any age, but they can have a particularly significant impact in your 60s. In today's episode, Trent and Brandon discuss 5 common financial blunders to avoid during this pivotal decade. They'll break down the missteps that could derail your retirement plans, from claiming Social Security without a plan to failing to protect your assets as you move into retirement. They'll also share practical strategies to help you stay on track and make informed financial decisions. Tune in to ensure you're not making these 5 financial mistakes! Here's some of what we discuss in this episode: The impact of unnecessary spending on retirement plans Overlooking healthcare costs and insurance planning Failing to protect your assets as you move into retirement Taking or delaying Social Security benefits without a plan Omitting an estate plan Contact: Website: http://bradshawfp.com  Email: office@bradshawfp.com Call: 704-216-2260    

In this episode of The Private Practice Elevation Podcast, Daniel Fava explores the financial lessons every group practice owner needs to hear. Daniel sits down with Brittany Schank, a mental health therapist and owner of Solace Counseling, a thriving group practice with ten clinicians across two locations.  Brittany shares her journey of building a $1.5 million practice while navigating the challenges of managing a team and maintaining a sustainable business. What sets this episode apart is Brittany's openness about the financial mistakes she's made along the way. From overcompensating employees to neglecting proper tax planning, she offers valuable lessons for avoiding common pitfalls in practice ownership.  Whether someone is just starting out or already running a group practice, this episode provides actionable strategies for creating a balanced and profitable business. Brittany and Daniel also discuss frameworks like Profit First and strategies for preparing for deductible seasons, making this episode a helpful guide for therapists who feel overwhelmed by financial planning. What Listeners Will Learn in This Episode: The top five financial mistakes Brittany made and how to avoid them. Why an effective pay structure is essential and how overcompensating employees can impact sustainability. The value of seeking business consultation early to avoid costly missteps. Tips for managing taxes and maintaining cash flow during deductible seasons. The importance of hiring the right people and addressing performance issues to build a positive workplace culture. Links mentioned in this episode: www.consultationandsupervision.com (Use coupon code “FREE3” for 3 free months) https://www.instagram.com/solacecodirectory/ https://www.facebook.com/SolaceCoDirectory Profit First For Therapists  

Do you avoid talking about money because it brings up stress, guilt, or shame? You're not alone. Past financial mistakes can leave deep emotional wounds, shaping how we think and feel about money today. But here's the good news—you are not your past mistakes! In this episode of Chink Positive, we're tackling money trauma—what it is, how it affects your mindset, and, most importantly, how to heal from it. Learn how to let go of guilt, rebuild your confidence, and take small but powerful steps toward financial freedom. This week's challenge: Take 10 minutes to reflect on a past financial mistake and write down one lesson you've learned. Then, commit to one small action to move forward. Your past does not define you—your choices today do.

Are you curious about the top financial mistakes people make, and how to avoid them? Tune in to this episode of A Wiser Retirement® Podcast as Grace Kennedy, Financial Planning Associate, shares insights on the most common financial pitfalls and how to steer clear of them.Related Podcast Episodes:- Ep 229: How do I avoid capital gains tax?Related YouTube Videos:- Common Mistakes to Avoid with Social Security Spousal BenefitsLearn More:- Wiser Wealth Management- Schedule a Complimentary Consultation: Discover how we can help you achieve financial success.- Access Our Free Guides: Gain valuable insights on topics such as why most financial plans fail, how to leave a financial legacy, post-divorce financial planning, and more! Stay Connected: - Social Media: Facebook | Instagram | LinkedIn | Twitter- A Wiser Retirement® YouTube Channel This podcast was produced by Wiser Wealth Management. Thanks for listening!

How to Avoid Common Financial Mistakes in Divorce? | Los Angeles Divorce

On this week's Money Matters, Scott and Pat discuss how strategic investing, guided by historical lessons, can help you master your financial decisions. Then, they take calls from listeners seeking advice on optimizing savings and investment plans. Scott and Pat share their expertise on managing large sums of money, such as deciding between annuitizing or taking a lump sum from pension plans. Plus, they discuss the potential pitfalls of certain financial products, like fixed index annuities, while highlighting strategies like direct indexing for more tax-efficient investing. Join Money Matters:  Get your most pressing financial questions answered by Allworth's CEOs Scott Hanson and Pat McClain live on-air! Call 833-99-WORTH. Or ask a question by clicking here.  You can also be on the air by emailing Scott and Pat at questions@moneymatters.com. Download and rate our podcast here.

Jordan Sutlick is the founder of Flogoal, a fintech platform router. She helps individuals break free from financial stagnation, understand strategy, and experience the fulfillment of achieving goals faster with confidence and clarity. Top 3 Value Bombs 1. Mistakes are part of the learning curve but you have to understand which mistakes are avoidable and which one are providing the most valuable lesson. 2. Avoiding those mistakes comes down to having the right systems in place and by prioritizing financial planning in the early stage of start ups. 3. Automation your bestfriend. Its all about working smarter and not harder. Check out their website and join the wait list to get your resources - Flogoal Sponsors HubSpot Stop spreading yourself thin, and start making major moves with HubSpot. Visit Hubspot.com/marketers to learn more ThriveTime Show Attend the world's highest rated business growth workshop taught personally by Clay Clark and NOW featuring Rich Dad Poor Dad Author Robert Kiyosaki and Eric Trump at ThrivetimeShow.com/eofire

Jordan Sutlick is the founder of Flogoal, a fintech platform router. She helps individuals break free from financial stagnation, understand strategy, and experience the fulfillment of achieving goals faster with confidence and clarity. Top 3 Value Bombs 1. Mistakes are part of the learning curve but you have to understand which mistakes are avoidable and which one are providing the most valuable lesson. 2. Avoiding those mistakes comes down to having the right systems in place and by prioritizing financial planning in the early stage of start ups. 3. Automation your bestfriend. Its all about working smarter and not harder. Check out their website and join the wait list to get your resources - Flogoal Sponsors HubSpot Stop spreading yourself thin, and start making major moves with HubSpot. Visit Hubspot.com/marketers to learn more ThriveTime Show Attend the world's highest rated business growth workshop taught personally by Clay Clark and NOW featuring Rich Dad Poor Dad Author Robert Kiyosaki and Eric Trump at ThrivetimeShow.com/eofire

How to Avoid Common Financial Mistakes in Divorce? | Los Angeles Divorce

Ready to make 2025 your best year yet? In this episode, I'm sharing five essential tips to set your business finances up for success. These simple yet powerful strategies will help you avoid common mistakes, take control of your cash flow, and create a solid financial plan for the year ahead. We'll cover how to review last year's performance, set measurable goals, create a budget, optimize cash flow, and review your financial systems. Whether you're overwhelmed by bookkeeping or just want to feel more confident about your numbers, this episode will give you actionable steps to get started right away. Don't let confusion hold you back—implement these tips and watch your business thrive.    Next Steps:

Financial mistakes can happen at any age, but they can have a particularly significant impact in your 60s. This episode offers five common financial blunders to avoid during this pivotal decade. As you approach retirement, it's essential to navigate these pitfalls to secure your financial future. We'll be discussing the importance of retirement planning, managing healthcare costs, protecting your assets, understanding longevity, and the necessity of having an estate plan. All of these items are part of our planning process at Black Oak Asset Management and we want to make sure they're a priority for you as well. Here's what we discuss in this episode: 0:00 – Intro 1:44 – Retirement planning 3:26 – Healthcare costs 6:47 – Protecting assets 8:08 – Longevity 9:43 – Estate planning   Visit us online: https://blackoakam.com/ Get in touch with the Black Oak team: https://blackoakam.com/contact-us/ Get more financial education on our YouTube Channel: https://bit.ly/45kJlwI

Financial mistakes can happen at any age, but they can have a particularly significant impact in your 60s. This episode offers five common financial blunders to avoid during this pivotal decade.   Show Notes & Info: Schedule A Call With Scott: talkwithscott.net Tax-Free Toolkit: https://5p7b1gdm.pages.infusionsoft.net/

In this episode of the Money Meets Medicine podcast, host Dr. Jimmy Turner is joined by financial advisor Tyler Olson to discuss the primary financial priorities for physicians. The conversation covers key financial mistakes that doctors make during training, such as debt management and the need for comprehensive financial education.  They explore different financial advisory models, the benefits of accountability, and the importance of tax planning. Tyler shares insights from his 20-year career focused on financial planning for doctors and the vital role of understanding one's financial habits and needs. The episode emphasizes the significance of proactively managing finances and the various tools and services available to support physicians in making informed financial decisions. Get 10% off a contract review before you sign on the dotted line by using the code “10OFF” Https://moneymeetsmedicine.com/resolve  Every doctor needs own-occupation disability insurance.  To get it from a source you can trust? Visit https://moneymeetsmedicine.com/disability Want a free copy of The Physician Philosopher's Guide to Personal Finance?  Visit https://moneymeetsmedicine.com    

Today, I'm joined by Kevin Reardon and Deb Meyer to discuss how emotions, societal pressures, and behaviors shape our financial decision-making, especially as Catholics. We explore how fear, greed, and herd mentality can lead to poor financial choices and stress the importance of discipline, diversification, and aligning our actions with core values and faith. Drawing from personal stories, we emphasize the value of creating a clear, personalized financial plan to resist consumer-driven urges and external expectations, like "keeping up with the Joneses." As financial advisors, we see our role as fostering accountability, promoting long-term financial health, and helping clients strike a balance between enjoying life now and securing their future—all while trusting in God's providence to guide the journey.Key Takeaways:• Asking “Where is God in my financial planning?”• How to avoid get-rich-quick schemes.• Consideration of how different emotions may play into your financial plans.• How to choose your influences and avoid “keeping up with the Joneses.”• What values you should outline for your finances and how to include faith.Key Timestamps:(00:00) - Emotional Influences on Financial Decisions  (02:44) - Fear and Greed in Financial Planning  (06:35) - Personal Stories of Financial Mistakes  (12:07) - Marketing and Peer Influences  (22:05) - The Importance of Having a Financial Plan  (29:26) - Accountability and Support in Financial Planning  (35:21) - Conclusion and Contact Information  Key Topics Discussed:Catholic Money Mastermind, Catholic financial planning, Catholic financial planners, Catholic financial advisors, Ben Martinek, faith and finances, Deb Meyer, Kevin Reardon, consumption, get rich quick, keeping up with the JonesesMentions:Deb's Website: https://www.worthynest.com/ Kevin's Website: https://www.shakespearewm.com/  More of Catholic Money Mastermind:Catholic Money Mastermind Podcast is a personal podcast meant for educational and entertainment. It should not be taken as financial advice, and is not prescriptive of your financial situation.Are you looking to hire an advisor? Browse our members.https://catholicfinancialplanners.com/members/Are you a Financial Advisor who is serious about the Catholic Faith? Join our network and email info@catholicfinancialplanners.com

André, The Impulsive Thinker, sits down with financial planner Wendy Brookhouse to tackle the nitty-gritty of smart financial planning for the ADHD Entrepreneur. Wendy shares her insights on the mismatch in financial advising fees and how to spend your money where it matters. They dive into mindset, financial priorities, and the importance of seeing the big picture—both business and personal. Wendy gives tips on balancing spending for today while securing the future. Listen in for advice that could reshape your approach to financial planning and help you get clarity on your money matters.   Check out the ADHD Transform Journey™ that is now available. Download The Sh!t List™, my weekly planning tool. We want to hear from you! Please send show ideas, questions, or feedback to podcast@theimpulsivethinker.com and join our newsletter Impulsive Thought. Watch the podcasts on YouTube and connect with me on LinkedIn. Check out our website.   Guest: Wendy Brookhouse is a financial planner, pseudo-CFO, and money coach with 18 years of experience, focusing on Entrepreneurs. As the founder of Blackstar Wealth, Wendy dedicates her expertise to guiding Entrepreneurs toward smarter financial decisions and unlocking the full potential of their businesses. Her impressive career is marked by a deep understanding of integrating personal and business finances, a perspective especially beneficial for those looking to align their professional success with personal financial goals. Wendy is known for advocating the importance of strategic planning and prioritizing financial resources effectively.

In this episode, we look at financial pitfalls that can derail your wealth-building journey. From impulsive spending and excessive debt to neglecting retirement planning and failing to diversify your investments, we'll explore these mistakes and provide actionable advice on how to avoid them. Tune in to learn valuable strategies for making sound financial decisions and achieving your long-term financial goals.

In this episode, we look at financial pitfalls that can derail your wealth-building journey. From impulsive spending and excessive debt to neglecting retirement planning and failing to diversify your investments, we'll explore these mistakes and provide actionable advice on how to avoid them. Tune in to learn valuable strategies for making sound financial decisions and achieving your long-term financial goals.

“The way of a fool is right in his own eyes, but a wise man listens to advice.” - Proverbs 12:15It's good to learn from your mistakes, but it's even better to learn from someone else's. Rachel Wong joins us today with three big financial mistakes that young adults often make…so you can avoid them.Rachel Wong is an Accredited Financial Counselor® and the creator of Open Hands Finance: a biblically-based content curriculum that teaches money skills to emerging adults.Money Missteps: 3 Easy Mistakes To Avoid As A Young AdultMoney management is a crucial skill, especially for young adults just starting their financial journey. Here are three key financial mistakes young adults often make and how to avoid them: 1. Waiting to Save for RetirementMany young adults think they'll start saving for retirement once they “make more money.” This delay can cost them valuable years of compound interest. Starting in your 20s is like taking a leisurely walk—manageable and effective. Waiting even a few years turns the journey into a sprint.Tip: Open a Roth IRA and start contributing small amounts monthly. Even $25 a month can grow significantly over time.2. Waiting to Start GivingSome believe they'll start giving once they earn a larger paycheck. But let's remember the story of the widow's mite. Despite her poverty, she gave anyway, reminding us of what it means to be faithful in our giving, regardless of our income.Tip: Begin giving a small, regular percentage of your income now. It's not just about generosity—it's about developing a habit that aligns your heart with God's abundance.3. Relying on Willpower for SavingsManually setting aside money every month can be challenging. That's why automating our savings can help when we struggle with consistency.Tip: Automate savings and retirement contributions. Set up a monthly transfer to ensure consistency, regardless of life's demands.Teaching Young Adults to Manage Money BiblicallyOpen Hands Finance combines biblical wisdom with actionable exercises, such as setting up a budget and opening a Roth IRA. The program includes a unique matching incentive—sponsored by parents, universities, or third parties—to encourage participation.The curriculum's student-led approach makes it relatable and impactful. It's not just theoretical; it equips participants with tools to live below their means, practice generosity, and plan for the future.If you're a college student or young professional—or know someone who could benefit—visit OpenHandsFinance.com to learn more about the curriculum and resources.Money is a resource God has entrusted to us. Managing it wisely allows us to live generously and reflect His abundance. Start today and set yourself on a path of faith-filled financial stewardship.On Today's Program, Rob Answers Listener Questions:What are your thoughts about a company called Thrivent Financial? Are they a reputable and trustworthy company that does a good job? Also, would moving around $150k from my 401(k) into an annuity with a 1.1% fee and a 6% guarantee be a good move?Can I do a home equity line of credit to pay off some of my debt, like a few credit cards and some accumulated bills?Resources Mentioned:Faithful Steward: FaithFi's New Quarterly PublicationOpen Hands FinanceLook At The Sparrows: A 21-Day Devotional on Financial Fear and AnxietyRich Toward God: A Study on the Parable of the Rich FoolFind a Certified Kingdom Advisor (CKA) or Certified Christian Financial Counselor (CertCFC)FaithFi App Remember, you can call in to ask your questions most days at (800) 525-7000. Faith & Finance is also available on the Moody Radio Network and American Family Radio. Visit our website at FaithFi.com where you can join the FaithFi Community and give as we expand our outreach.

It’s good to learn from your mistakes, but it’s even better to learn from someone else’s. On today's Faith & Finance Live, Rob West will welcome Rachel Wong to talk about three big financial mistakes that young adults often make, and she’ll suggest ways you can avoid them. Then Rob will answer your calls on various financial topics. Faith & Finance Live is a listener supported program on Moody Radio. To join our team of supporters, click here.To support the ministry of FaithFi, click here.To learn more about Rob West, click here.To learn more about Faith & Finance Live, click here.See omnystudio.com/listener for privacy information.

Some people learn from the mistakes of others. Unfortunately, some people have to be the others.Well, you certainly don't want to be one of the “others” who have to learn things the hard way by making mistakes. Today, we'll talk to Ron Blue about some of the biggest financial mistakes you want to avoid.Ron Blue is the Co-Founder of Kingdom Advisors and the author of many books on biblical finance, most notably “Master Your Money: A Step-by-Step Plan for Experiencing Financial Contentment.”Setting Financial GoalsWithout clear financial goals, you're essentially aiming at nothing. Goals help you prioritize and manage your spending effectively. Setting goals provides direction and ensures that your spending aligns with your priorities.Avoiding a Consumptive LifestyleA consumptive lifestyle involves spending significantly more than necessary, often on things that don't build financial equity. We all face the temptation of greed—a new car or a dress. Overspending on consumable items leads to a lack of financial growth. Instead, focus on investing in things that build equity and create long-term value.The Pitfall of GreedGreed is often disguised in pursuing the American dream. It's a subtle but pervasive issue. Tim Keller, a well-known pastor, once pointed out that in his experience, greed is rarely confessed as a sin. We often justify our spending under the guise of higher motives, which can lead to financial mismanagement. Avoiding greed starts with creating and sticking to a budget.The Importance of BudgetingMany view budgeting as restrictive, but it's quite the opposite—budgeting is liberating. A budget allows for pre-planned spending, which includes saving for vacations and preparing for emergencies like car repairs or broken appliances. Planning your expenses provides financial freedom and security.Giving: A Key to Financial FreedomMany believe that giving should come from surplus rather than regular income. However, giving is essential for experiencing true financial freedom. It's not about the money but about your heart and willingness to trust and honor God with your finances.By following these principles, you can achieve financial contentment and freedom. On Today's Program, Rob Answers Listener Questions:I'm 62, and my wife is 56. Due to market concerns, our advisor recommended shifting our portfolio to 50% stocks and 50% bonds a few years ago. We're generally more aggressive investors. Am I missing out on potential earnings by being more conservative?My in-laws are about 80 years old and have some well-matured savings bonds. The last time they used some of the bonds for home upgrades, they got hit with a significant tax bill. Is there anything they can do to move the savings bonds in a way that avoids the tax impact?I just turned 65 in July. I read that the age for collecting full Social Security benefits was pushed back. What is my full retirement age now? And can I still work without affecting my benefits once I reach full retirement age?I'm 72 years old. Last year, I set up charitable contributions from my IRA, but the church I attend is not a 501(c)(3) organization. Does it need to be a 501(c)(3) for me to make those qualified charitable distributions from my IRA? Also, I've been working part-time. How much can I contribute to a Roth IRA this year?Resources Mentioned:Master Your Money: A Step-by-Step Plan for Experiencing Financial Contentment by Ron BlueTreasuryDirect.govLook At The Sparrows: A 21-Day Devotional on Financial Fear and AnxietyRich Toward God: A Study on the Parable of the Rich FoolFind a Certified Kingdom Advisor (CKA) or Certified Christian Financial Counselor (CertCFC)FaithFi App Remember, you can call in to ask your questions most days at (800) 525-7000. Faith & Finance is also available on the Moody Radio Network and American Family Radio. Visit our website at FaithFi.com where you can join the FaithFi Community and give as we expand our outreach.

Some people learn from the mistakes of others. But some people have to be “the others” who actually make the mistakes. Fortunately, you can avoid becoming one of them simply by dodging some common mistakes. On today's Faith & Finance Live, Rob West will talk to Ron Blue about some of the biggest financial mistakes you’ll want to avoid. Then Rob will answer your questions on different financial topics. Faith & Finance Live is a listener supported program on Moody Radio. To join our team of supporters, click here.To support the ministry of FaithFi, click here.To learn more about Rob West, click here.To learn more about Faith & Finance Live, click here.See omnystudio.com/listener for privacy information.

Former Baltimore teacher-turned fiduciary advisor Justin Garritt discuss the top teacher financial mistakes of 2024 that he sees in his practice.  Garritt Financial Solutions Baltimore Banner 403(b) Story Jeff Venables The Student Loan Planner The FIT Position: A Framework for Financial Success Morgan Housel books & podcasts Learned by Being Burned - Short pod series about how teachers got burned then got wise to the 403(b) Meridian Wealth Management 403bwise.org Nothing presented or discussed is to be construed as investment or tax advice. This can be secured from a vetted Certified Financial Planner (CFP®). 

Watch out! Some financial pitfalls may arise from now until the end of the year. In this episode, Art uncovers six common pitfalls and shares tips on how to avoid them. He also answers two listener questions—one about living paycheck to paycheck with a $150,000 income, and the other about whether a banker should consider a career change. Plus, Art welcomes a very special guest to the show. You won't want to miss it!Resources:Financial State of the Union (FREE!)8 Money MilestonesAsk a Money Question!

I want to hear your thoughts about the show and this episode. Text us here...In this episode of "Confidence and the Confident You," host Julie DeLucca-Collins dives into personal finance with guest Debra Jacobs, an accredited financial counselor and founder of Money Smart for Life. Deborah, armed with a master's degree from Harvard, shares her journey and practical tips for financial empowerment, especially for women. They discuss the emotional baggage tied to money, generational beliefs, and the importance of financial education. Deborah offers strategies like house sitting for affordable travel and underscores the value of financial coaching. This episode is a friendly, insightful guide to taking control of your financial future.In this episode: Importance of financial education and literacyImpact of generational beliefs on money managementCommon financial challenges faced by womenEmotional aspects of managing money and overcoming fearStrategies for effective budgeting and spending plansAddressing financial mistakes and learning from themSocietal pressures influencing financial decisionsFinancial challenges for individuals approaching retirementBenefits of working with a financial coachEncouragement to take proactive steps toward financial empowermentConnect with Debra:https://moneysmartforlife.comLinked-InFaceBookThis is an invitation to join a supportive community of purpose-driven entrepreneurs who are creating an impact in the world.A mastermind is a community of peers who exchange ideas, provide support, and offer sound advice for running a successful business.Join the Confident YOU Mastermind now at https://goconfidentlyservices.myflodesk.com/confidentyoumastermindSupport the showOther helpful resources for you: Learn more about my Confident You Mastermind Today! Here's your Guide to Starting A Podcast in 30 days, download yours today! For more about me and what I do, check out my website. If you're looking for support to grow your business faster, be positioned as an authority in your industry, and impact the masses, schedule a call to explore if you'd be a good fit for one of my coaching programs. Thank you for listening to our podcast. Please Subscribe! Join our Facebook GroupInstagram, TikTok We love reviews! Please leave us a review.Contact us if you want to Launch, restart, or grow your podcast.

Dr Boyce discusses the biggest financial mistakes, as well as the reasons that you may want to invest in the metaverse.

https://www.wealthwithtess.com/ @wealthwithtess on IG About Tess: Today I'm a serial investor, investing in the stock market, real estate, businesses, and syndications. But I used to have no idea where to start when it came to investing. Not believing I was smart enough to invest on my own, in my 20's I hired a financial advisor (a fiduciary, someone legally obligated to act in my best interest). Of the several investing mistakes I made, hiring someone without getting my own investing education was the biggest one—and I lost thousands of dollars and hundreds of thousands in potential growth opportunities, leaving me with a healthy amount of financial anxiety, shame, and regret. I help women take control of their financial future by providing digestible and down-to-earth investing education.

Do you dream of conquering your financial goals and achieving true financial independence? In this episode, we're diving into five BIG mistakes people make along the way to financial glory with money coach Bernadette Joy, who paid off a staggering $300,000 in debt and locked in a work-optional life by age 40. Along the way, we'll explore the importance of managing your budget during the notoriously tricky holiday season, share actionable strategies to curate your accounts, and highlight the common mistakes that can derail even the best-laid financial plans. You'll also hear the wild story of Richard Whitaker, whose pursuit of a too-good-to-be-true 15.25% return serves as a cautionary tale for us all. Whether you're looking to tackle debt, sharpen your budget, or avoid financial scams, this episode is packed with insights to help you stack smarter. Episode Highlights Kicking off with weekend escapes, Monday blues, and a salute to the armed forces Nostalgic nods to Chitty Chitty Bang Bang Welcoming Bernadette Joy and diving into her inspiring journey to financial freedom Sharing personal stories and struggles that resonate with every money nerd Breaking through financial barriers on the path to independence Setting financial goals with inspiration from meeting Simone Biles Why comparing success stories can derail your progress The delicate dance between frugality and societal expectations Staying grounded amidst the curated realities of social media Avoiding the common mistake of giving unasked discounts Why accepting debt as a long-term lifestyle is a trap Choosing financial freedom over fear and hesitation The importance of diverse perspectives in your financial advisory team Preparing for the unexpected: Life events that test your financial foundation Exploring and questioning investment opportunities like Yield Wealth Understanding the gambler's mentality and how it can lead to downfall Practicing due diligence to avoid falling for scams Lessons learned from the downfall of Yield Wealth and how to protect yourself Announcements about upcoming events and opportunities to connect This episode is a mix of relatable stories, practical advice, and lessons learned the hard way. Tune in to start crushing your money goals and avoiding financial pitfalls—one smart decision at a time. FULL SHOW NOTES: https://stackingbenjamins.com/crush-your-2025-money-goals-bernadette-joy-1613 Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at https://www.stackingbenjamins.com/201 Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Did you know you could be losing thousands of dollars each year due to common financial mistakes? On this episode of the MoneyfitMD podcast, Dr. Latifat sits down with Certified Financial Planner Hugh Baker to uncover the financial pitfalls that physicians often encounter and provides practical strategies to steer clear of them.What You Will Learn:Why investing for the long-term with index funds is a preferred strategy for young physicians: Hugh debunks the myth of chasing short-term returns and explains why bonds may not be the best investment for those with a longer time horizon.How to avoid common tax mistakes that can cost you thousands: Discover why it's crucial to understand the intricacies of tax-advantaged accounts, like backdoor Roth IRAs and SEP IRAs, and learn how to review your tax return for potential errors.The key factors to consider when choosing a financial advisor: Hugh provides insights into identifying an advisor who is a good fit for your specific needs, focusing on their ideal client profile, fee structure, and transparency in compensation.Key Takeaways:Don't leave your investment contributions sitting idle in cash accounts. Ensure your money is actively working for you by investing it appropriately.Take the time to understand your tax situation and ensure you're taking advantage of available deductions. Simple oversights can lead to significant financial losses.You are the CEO of your finances. Choosing a financial advisor is a significant decision, so prioritize finding someone who aligns with your values, communicates transparently, and puts your interests first.Tune in now to discover how to avoid costly financial mistakes and take control of your financial future. Click Here to Secure Your Spot for the 2025 Wealthy You In-Person Gathering.It's time to finally take action on your financial goals. Join other women physicians who are choosing an uncommon life of financial and life freedom by registering for the 3-DAY Money Moves Challenge for women physicians. Register HereReady to explore the transformative power of sabbaticals?Download the free Sabbatical Guide at Moneyfitmd.com/Sabbatical and embark on a journey to financial freedom and personal growth. Share the link with your fellow physicians and join the movement to normalize taking pauses for a healthier and more fulfilling life.If you are a Hardworking, Busy Woman physician who wants to get good at money without wasting more time sifting through the internet. This is for you. https://www.moneyfitmd.com/guideWe are social:Facebook: https://web.facebook.com/MoneyfitMD/Instagram: https://www.instagram.com/moneyfitmd/Youtube: youtube.com/@money...