JW’s Financial Coaching Podcast JW’s Financial Coaching Podcast-A show devoted to answering your personal financial questions and covering current events in personal finance. Giving people a new perspective on their money!

May 29, 2011  
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Today's show continues the Top 10 Money Sayings You Need to Know series. Every Monday for the next 10 weeks we will count down a money saying that you need to know and explain why you need to put it into practice. Today's #6 saying is “Don’t take advice from he said, I heard, and everybody says.”

You have done it, I have done it, we all have done it. We have taken financial advice from a relative, a friend’s brother, or a co-worker's spouse and just accepted it as fact. Or maybe we have believed a financial saying like “everyone has a car payment” or “real estate is a good investment” and did not think to question it. Taking financial advice from someone you do not know without even doing the research to see if they are right is very dangerous and will catch up with you in the long run. Instead you must become financially literate and/or get help from a professional who will sit down and teach you to make your own formed decision.

The Top 10 Money Sayings to Know Countdown

#10 “Where your heart is, that is where your money is.”

#9 "Stop being a slave to money"

#8 "Money can work for you instead of you working for money"

#7 "Impulse buying doesn't work as well as planning"

#6 “Don't take advice from he said, I heard, everybody says”

#5 TBA 6/6

#4 TBA 6/13

#3 TBA 6/20

#2 TBA 6/27

#1 TBA 7/4

If you have any comments, questions, or ideas for future shows you can send them to me and I will integrate them into a future show. Please Email me them at JWFinancialcoaching@gmail.com -You may subscribe to the Podcast either through Feedburner or iTunes.

You can find prior editions of the podcast at the podcast archive page or by visiting our Facebook Fanpage.

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Today's show is dedicated to all those who have recently graduated or will graduate college within the next few weeks. We go over some financial tips that we believe any college graduate can do. The most important thing you can do in this chapter of your life is to develop a plan to better manage your money in addition to planning for the future.

For reference please check out the "My experience in paying for college" podcast as well as the "The financial issues 20 something's are facing in 2011" podcast.

If you have any comments, questions, or ideas for future shows you can send them to me and I will integrate them into a future show. Please Email me them at JWFinancialcoaching@gmail.com -You may subscribe to the Podcast either through Feedburner or iTunes.

You can find prior editions of the podcast at the podcast archive page or by visiting our Facebook Fanpage.

May 22, 2011  
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Today's show continues the Top 10 Money Sayings You Need to Know series. Every Monday for the next 10 weeks we will count down a money saying that you need to know. Today's #7 saying is "Impulse buying doesn't work as well as planning."

We all impulse is some areas of our lives, but what impulse buying ultimately does is sink us because we can not make up for all the lost money that we use to buy things on emotion.  But when you plan ahead, you can buy things with cash instead of credit which keeps you out of debt and ultimately you have more money to enjoy the things you want.

The best way to stop impulse buying is to start developing a financial plan today. For help with that please check out our free financial resources page containing budgets and goals worksheets which will help you get started on developing your financial goals.

The Top 10 Money Sayings to Know Countdown

#10 “Where your heart is, that is where your money is.”

#9 "Stop being a slave to money"

#8 "Money can work for you instead of you working for money"

#7 "Impulse buying doesn't work as well as planning"

#6 TBA 5/30

#5 TBA 6/6

#4 TBA 6/13

#3 TBA 6/20

#2 TBA 6/27

#1 TBA 7/4

If you have any comments, questions, or ideas for future shows you can send them to me and I will integrate them into a future show. Please Email me them at JWFinancialcoaching@gmail.com -You may subscribe to the Podcast either through Feedburner or iTunes.

You can find prior editions of the podcast at the podcast archive page or by visiting our Facebook Fanpage.

May 18, 2011  
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On today’s show we cover a variety of topics dealing with personal finance. We answer a question from a reader who found our website through the search “why is taking out a loan bad.” We answer that question by sharing what we teach our financial coaching clients on borrowing.

In addition, we have a follow-up segment on a discussion we had on a prior podcast about the increase in the stock market and how that has been kept very quiet on the news. Well Fidelity had a news release the other day stating that the average 401(K) balance at the end of March was the highest since 1998! We discuss the reasons for that and explain why this is another example of how your money can work for you instead of you working for money.

Finally, are banks really lending money? It seems like all we hear about is how the banks are not lending and how nobody can get a loan. But yet I am still getting credit card offers in the mail daily, along with offers to refinance my home and for new auto loans. I also share a conversation I had with my friend on how much money the bank would approve him for a mortgage, and it will blow your mind! This begs the question: did the banks learn anything from the mortgage mess of 2007-2009? Or better yet: have we learned to say no to the bank when they “offer” us credit?

If you have any comments, questions, or ideas for future shows you can send them to me and I will integrate them into a future show. Please Email me them at JWFinancialcoaching@gmail.com -You may subscribe to the Podcast either through Feedburner or iTunes.

You can find prior editions of the podcast at the podcast archive page or by visiting our Facebook Fanpage.

May 15, 2011  
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Today's show continues the Top 10 Money Sayings You Need to Know series. Every Monday for the next 10 weeks we will count down a money saying that you need to know. Today's #8 saying is "Money can work for you instead of you working for money." Having your money work for you might sound like a weird concept, but we explain in two instances how being out of debt and saving money over a long period of time can lead to your money working for you instead of adding to the bank's bottom line.

The Top 10 Money Sayings to Know Countdown

#8 "Money can work for you instead of you working for money"
#7 TBA 5/23
#6 TBA 5/30
#5 TBA 6/6
#4 TBA 6/13
#3 TBA 6/20
#2 TBA 6/27
#1 TBA 7/4

If you have any comments, questions, or ideas for future shows you can send them to me and I will integrate them into a future show. Please Email me them at JWFinancialcoaching@gmail.com -You may subscribe to the Podcast either through Feedburner or iTunes.

You can find prior editions of the podcast at the podcast archive page or by visiting our Facebook Fanpage.

May 11, 2011  
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On today’s show, we discuss an article done about research by the University of Missouri that breaks down the 4 lies that lead to debt problems. After tackling each lie, we dig further down and get to the heart of the issue of overspending. To borrow a phrase from Larry Burkett, “Your overspending is not the problem, it is a symptom.”

In addition, we welcome those listeners listening to us for the first time from the Moneyplansos.com podcast hosted by Steve Stewart. Steve does a great financial coaching podcast of his own and on episode #16 of his show he shared a blog post I had written on the DOs and DONTs for engaged couples. So welcome; if this is your first time listening to the show, we hope you enjoy it.

If you have any comments, questions, or ideas for future shows you can send them to me and I will integrate them into a future show. Please Email me them at JWFinancialcoaching@gmail.com -You may subscribe to the Podcast either through Feedburner or iTunes.

You can find prior editions of the podcast at the podcast archive page or by visiting our Facebook Fanpage.

May 8, 2011  
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Today's show continues the Top 10 Money Sayings You Need to Know series. Every Monday for the next 10 weeks we will count down a money saying that you need to know. Today's #9 saying is "Stop being a slave to money." Jon gives an example of what being a slave to money is and how you can take steps to stop being a slave to money.

In addition we break down the results of a question we asked on our Facebook Fanpage asking how you are dealing with the rising price of gas. We got a wide variety of responses; thanks to all those who responded.

The Top 10 Money Sayings to Know Countdown

#10 “Where your heart is, that is where your money is.”

#9 "Stop being a slave to money"

#8 TBA 5/16

#7 TBA 5/23

#6 TBA 5/30

#5 TBA 6/6

#4 TBA 6/13

#3 TBA 6/20

#2 TBA 6/27

#1 TBA 7/4

If you have any comments, questions, or ideas for future shows you can send them to me and I will integrate them into a future show. Please Email me them at JWFinancialcoaching@gmail.com -You may subscribe to the Podcast either through Feedburner or iTunes.

You can find prior editions of the podcast at the podcast archive page

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On today’s show we change gears and talk about times when it is ok to not work the financial plan. Often on the show we answer your questions and talk about ways to develop healthy financial habits to work the financial plan. But is it ok to not work the plan? There are a few instances when we recommended taking a break from the plan and we break down which ones those are and share what they each have in common.

If you have any comments, questions, or ideas for future shows you can send them to me and I will integrate them into a future show. Please Email me them at JWFinancialcoaching@gmail.com -You may subscribe to the Podcast either through Feedburner or iTunes.

You can find prior editions of the podcast at the podcast archive page

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Today's show kicks off the month of May by starting our countdown of the Top 10 Money Sayings You Need to Know series. Every Monday for the next 10 weeks we will count down a money saying that you need to know. Today's saying is "Where your heart is, that is where your money is." Jon discusses why this is true and how by looking at your check book, one can tell where your heart is financially.

In addition, Jon lets you in on a little secret that you won't hear on the evening news or in your local newspaper. It's about the stock market and how it very quietly continues to rise. This is just another example of why, when you are investing, you need to have a long-term mindset.

If you have any comments, questions, or ideas for future shows you can send them to me and I will integrate them into a future show. Please Email me them at JWFinancialcoaching@gmail.com -You may subscribe to the Podcast either through Feedburner or iTunes.

You can find prior editions of the podcast at the podcast archive page