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!

June 29, 2011  
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On today’s show we are joined by fellow financial coach Steve Stewart of MoneyplanSos.com. We discuss a series he is doing on his own podcast titled “Living without credit cards”. Steve has a four step process to start living without credit cards. We break down each step and discuss how each is effective for living debt free.

Steve and I both agree that credit cards can do serious harm to your finances and believe that you can live without credit cards. If you don’t think you can, how about trying for one month? Take the no credit cards for one month challenge and see how it goes. Don’t think you can live without credit cards for one month? How about trying for a week? Can’t do it for a week? Why don’t you try this weekend? Getting rid of credit cards won’t be easy, but it is worth it and eventually you will get to the point where you won’t even miss them.

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 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 #2 saying is "Contentment may be the most powerful financial principle"

Learning to become content with your finances will take you places you could only imagine. Being content does not mean you have to stop being ambitious. You can be both. Where we often go wrong though is when we try to keep up with the Jones’s so to speak and we live a lifestyle that is greater then our income.

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 "Money is amoral"

#4 "Handling money is not about the math"

#3 "Start asking 'How much' instead of 'How much a month'"

#2 "Contentment may be the most powerful financial principle" 6/27

#1 "Stop caring what others think" 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 I share my Financial Bucket List of things that I hope to accomplish during my lifetime. Some of the bucket list items we are living right now and others are farther down the road. Not only do I share my Financial Bucket List but I also share what we are doing in our household to make those dreams a reality.

Having a Financial Bucket List is another ways of saying you have financial goals. But it is one thing to have financial goals and another thing to actually accomplish them. To help us keep focused and motivated we have to write them down on our financial goals and dream worksheets. Writing them down has done wonders for my wife and me in 2011.

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.

June 19, 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 #3 saying is "Start asking 'How much' instead of 'How much a month.'"

The difference between asking yourself “How much?” instead of “How much a month” when making a purchase is not a trick question. How you answer the question determines if you are going to use debt in your life or if you will turn away from using debt. Asking “How much a month” is so common today in our culture that we don’t even ask ourselves “How much.” But when you ask “How much” you experience a different mindset and eventually do better with money over the long-term.

In addition, you can vote on our Facebook Fan Page for what you think the #1 saying should be. The poll has the three sayings listed and you can vote then tune in to see if you agree with the #1 money saying!

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 "Money is amoral"

#4 "Handling money is not about the math"

#3 "Start asking 'How much' instead of 'How much a month'"

#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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On today’s show we go into the world of health insurance by giving an overview of Health Savings Accounts. This is not an endorsement of HSA’s but rather how they work and which groups of people they could benefit. I have written before about how our family loves our HSA and today we discuss how it will benefit us when we have our child at the end of June or beginning of July. Everyone no matter how healthy or young you are needs health insurance and a HSA is a good idea if you want lower premiums and a high deductible.

Remember, we are moving the podcast to once a week starting in July. What day would you like to see the show released? Let me know in the comment section below or let me know on the Facebook Fan page

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.

June 12, 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 #4 saying is "Handling money is not about the math"

As much as I hate to admit it, PERSONAL Finance is not all about the numbers. Rather it is about behavior and doing the correct things over and over with consistency. You do not have to be a math major to win with money; in fact Thomas Stanley, in his book "The Millionaire Mind," found that having good grades was one of the least common factors in becoming an eventual millionaire.

In addition, you can vote on our Facebook Fan Page for what you think the #1 saying should be. The poll has the three sayings listed and you can vote then tune in to see if you agree with the #1 money saying!

Also the podcast is going to start doing one weekly podcast instead of two a week starting in July. What day would you like the show to be released: Monday or Wednesday? If you have a preference please leave a comment below or let me know on the Facebook fan page.

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 "Money is amoral"

#4 "Handling money is not about the math"

#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 inspired by the Fixx's hit "One thing leads to another." Today we cover a couple articles I read this past week that just had me scratching my head. The first was about the comeback of the Adjustable Rate Mortgage (ARM's). The second was about the increase in 401(K) loans. I've written before about the dangers of taking out a loan on your 401(K), but now 30% of people who have a 401(K), have a loan on it.

Why are these troubling news stories? One bad financial decision leads to another. With ARM's and 401(K) loans increasing what other financial activities are making a comeback that we should watch out for? In addition we discuss ways you can get fit financially so you don't have to follow the crowd and can make wise financial decisions for yourself.

Remember, we are moving the podcast to once a week starting in July. What day would you like to see the show released? Let me know in the comment section below or let me know on the Facebook Fan page

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 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 "Money is amoral."

There is a movement in our culture today that says having or making money is bad. But money in itself is not good or bad, it is what you do with it that makes it good or bad. For further discussion on this topic please read the book "Thou Shall Prosper" by Rabbi Daniel Lapin. *

In addition I am encouraging everyone to check out Matt Wegner's No Credit Cards for the month of June challenge. This, in my opinion, is a great opportunity for those who are thinking of stopping using credit cards to give it a try for a month. Even if you don't think you can go the rest of the month paying for things with cash instead of using a credit card, why don't you try it out for a week and see how it goes?

Also the podcast is going to start doing one weekly podcast instead of two a week starting in July. What day would you like the show to be released: Monday or Wednesday? If you have a preference please leave a comment below or let me know on the Facebook fan page.

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 Money is amoral

#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.

June 1, 2011  
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On today’s show we answer a question from a listener who wants to know if you should invest differently if there is a big age gap between spouses. Jon explains why it could be a good idea under certain circumstances.

In addition we discuss an article titled “Time to ditch the 30-year mortgage?” There are a lot of reasons why we recommend doing a shorter mortgage term than 30 years and this article explains why today might be the best time to switch to a 15 year mortgage.

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.