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!

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Deacon Bradley joins us on today's show to share how he and his wife paid off $17,000 in debt. After paying off a lot of their debt before they got married, the Bradleys got serious once they were married and were debt free within the first year of marriage!

Deacon was not doing badly before he decided to pay off his debt, rather he was just doing OK financially. Once he changed his spending habits he was able to better maximize his income. This September they were able to allow Deacon's wife, Cameron, to come home and be a stay at home wife.

Deacon started blogging on Lifestoked.com this year to help create a life they're excited to live. The goal of the site is to challenge you to live to your potential and to get the most out of your life.

You can subscribe to the Debt Free Living Podcast either through Feedburner or iTunes. The podcast can be found in iTunes under the JW's Financial Coaching podcast. If you subscribe you will receive both the JW's Financial Coaching podcast on Mondays and the Debt Free Living Podcast on Thursdays.

If you enjoyed this episode please leave a review in iTunes.

If you would like to take the steps necessary to start living debt free I would love to be a part of your journey. Here's how I can help

November 27, 2011  
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Last week, I was proud to be a guest on the Living in Financial Excellence Podcast, hosted by Matt Wegner. Matt and I touched on a bunch of different topics including the Congress Super Committee, the Debt Free Living podcast, and most importantly Black Friday shopping and Christmas shopping in general. Please check it out for yourself if you have not done so already and let me know what you think.

Last week I had my 30th birthday. Yes, I survived the big 3-0 and I feel better than ever and am looking forward to the decade of my 30’s. But sometimes when it comes to finances we think once we reach certain milestones that there is no turning back and we are stuck where we are financially. That is such a lie! It is never too late to start winning with money. Obviously it is better to start sooner than later, but do not let age, life experience, or debt level stop you from achieving your dreams and goals. Remember, the two or three years that will take for you to sacrifice and pay off your debts is going to pass by anyway, so why don’t you have something to show for it at the end of those years, instead of ending up in the same predicament you are currently in?

To the surprise of nobody, the Super Committee set up by the US Congress to figure out a way to reduce the national deficit could not come up with a consensus on what to do. What does that mean to you? It depends on how directly you are involved with the federal government. There are several takeaways from this, but the most important is do not count on Washington to change your finances! It is not that they do not care about your finances; it is just that they do not have the power to control how you spend your money. Remember to focus on improving YOUR economy because that is the only economy you can really control. By having your own economy under control you will be able breathe easier at night and not worry about all the drama going on elsewhere.

Finally if you have not yet registered for our November Giveaway, please do so today. We will be giving away a free copy of the book The Total Money Makeover by Dave Ramsey at the end of November. It is pretty simple to register and no purchase is necessary.

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.

November 20, 2011  
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Today we wrap up the Personal Finance A-Z series by discussing Wills, Extra income, Yearly goals, and Zero-based budget. It is not fun to talk about death, but death is inevitable so you might as well die with a will in place. Wills are not only inexpensive they also will help your heirs sort through your assets more easily, in addition to saving both time and money.

Extra income can really jump start your debt snowball. There are a few different ways to earn extra income. Work some overtime, get a second job during the night and on weekends, or start a business on the side.

It’s never too early to start thinking about your goals for 2012. Yearly goals are important to my family and I recommend that everyone make the time to do yours before the end of the year. To help you with some financial goals I have created the dreams and goals worksheet. But your goals don’t just have to be financial. You can also make spiritual, life, career, marriage, and physical goals among others.

A zero-based budget is one of the main keys in a healthy financial plan. A lot of people say they have a budget but really it is just a guesstimate of what they spend. Instead a zero-based budget is giving every dollar you will earn for the month a name so every single dollar is accounted for. If you don’t have a zero-based budget and just have “extra” money at the end of the month, typically it gets lost in the shuffle.

Finally if you have not yet registered for our November Giveaway, please do so today. We will be giving away a free copy of the book The Total Money Makeover by Dave Ramsey at the end of November. It is pretty simple to register and no purchase is necessary.

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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Jenny McCutcheon from Exconsumer.com joins us today to share how her family paid off $25,629 in just 8 short months! Jenny always thought that having debt was just a way of life. It wasn't until she started to read some personal finance books that she realized that living debt free was possible.

To pay the debt off in such a short amount of time Jenny's family cut their living expenses by a third! One of the things they did to create extra cash to put on their debt was to have a garage sale. The garage sale they had in July earned them over $1,000 and she wrote a blog post detailing her experience.

When Jenny originally started her blog exconsumer.com she had never heard of minimalism. But while discovering minimalism she has realized that you can live with less. Her blog community helped encourage her throughout the debt free process.

To become a guest on the show please contact me and we can set up a time to record your debt free-living story. The only rule to be on the show is that you are debt free besides the mortgage.

You can subscribe to the Debt Free Living Podcast either through Feedburner or iTunes. The podcast can be found in iTunes under the JW's Financial Coaching podcast. If you subscribe you will receive both the JW's Financial Coaching podcast on Mondays and the Debt Free Living Podcast on Thursdays.

If you enjoyed this episode please leave a review in iTunes.

If you would like to take the steps necessary to start living debt free I would love to be a part of your journey. Here's how I can help

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The personal finance A-Z series continues with Taxes, Underwater Mortgages, and Volatility. Taxes are not a fun topic to discuss but it is an important one to cover because the tax code is continually changing. There was a nice article on Fox Business that highlighted some of the upcoming tax changes for 2012 and 2013. Some changes to look out for in 2012 are the loss of the Social Security tax reduction and the ability to itemize state and local taxes. In addition we go into detail about why getting a huge tax refund is not necessarily a good thing.

If your home is underwater you are not alone. About 29% of homes today in America are underwater. Having your home underwater impacts you if you are trying to refinance or if you are getting ready to move in the near future. But if you can continue to make your payment, do not panic, and continue to make your monthly payment.

Volatility can be seen everywhere in our financial life today from the economy to the stock market. What are some things I do to combat volatility? Have a long term perspective. If you listen to the news or follow the stock market each day you will get an ulcer. But having a long term perspective will help you ride the ups and downs over time.

Finally if you have not yet registered for our November Giveaway, please do so today. We will be giving away a free copy of the book The Total Money Makeover by Dave Ramsey at the end of November. It is pretty simple to register and no purchase is necessary.

You can subscribe to future Podcasts either through Feedburner or iTunes. Or you may listen to the podcast on the JW's Financial Coaching 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.

November 9, 2011  
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Mike and Mandy Young from beyondyourweddingday.com join us today to share how they paid off $25,000-$30,000 in 2 and a half years. To achieve their goal they made major sacrifices in their food, clothing, and utility budgets.

The Youngs were influenced by a book that was given to them from Mike's High School basketball coach as a wedding gift titled The Millionaire Next Door. They used that as motivation and what really helped them through it all was an us vs. the world mentality where they were doing things with money that were counter culture to how most people view money.

Now that they are debt free they have been able to teach their three daughters about money and change their family tree. It has not been without its ups and downs however. They have had emergencies on vacations but it has been a relief to know that they had money in an emergency fund and would be all right.

Mike and Mandy have been doing a weekly podcast for over a year now called Beyond Your Wedding Day where they talk marriage, money, and whatever else is going on in their life.

To become a guest on the show please contact me and we can set up a time to record your debt free-living story. The only rule to be on the show is that you are debt free besides the mortgage.

You can subscribe to the Debt Free Living Podcast either through Feedburner or iTunes. The podcast can be found in iTunes under the JW's Financial Coaching podcast. If you subscribe you will receive both the JW's Financial Coaching podcast on Mondays and the Debt Free Living Podcast on Thursdays.

If you enjoyed this episode please leave a review in iTunes.

If you would like to take the steps necessary to start living debt free I would love to be a part of your journey. Here's how I can help

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Today’s episode marks the one year anniversary of the JW’s Financial Coaching Podcast being released. The show started last November and we have been able to do over 80 episodes in just one year. Thanks to everyone who has been a part of the show and looking forward to an even better year two. You can listen to all the past episodes in iTunes, on Facebook, and on the archive page.

The personal finance A-Z series continues with passive income, qualified retirement plan, ROTH accounts, and student loans. Discover why all of these terms are important to know and learn how you can implement them into your daily financial life. For a longer discussion on student loans please listen to the podcast I did with Steve Stewart where we reviewed the book "Debt Free U" by Zac Bissonnette.

In addition we are pleased to be announcing our first giveaway on the podcast. At the end of the month of November we will be giving away the Total Money Makeover by Dave Ramsey. There are three ways to enter: 1) “Like" us on Facebook, 2) Subscribe to receive blog posts via email, 3) Leave a review on iTunes. For more details please visit the November Giveway 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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Justin Lukasavige from CoachRadio.tv joins us today to share how his family paid off $90,000 in debt in about 5 years. The $90,000 was paid off in two parts, the first $45,000 was over four years and the second $45,000 was paid off in just one year. The difference between the first $45K and the second $45K was having a plan to pay off the debt as soon as possible. It was hard work but both he and wife agree that it was worth it.

After paying off the debt, Justin was able to quit his high paying job as an airplane pilot and start Lukas Coaching where he was a financial coach. The business grew quickly and he then transitioned to being a small business coach. Getting up and working a job that you love and have a passion for is, “everything. If you don't love what you are doing, you will never do it well enough to impact the world." Justin now lives in Colorado with his family where he has built his own studio and now has a 45 foot commute to the office each day.

Justin does a few podcasts each week on his website and his “Your Story” episodes where he interviews other entrepreneurs are some of the inspiration behind the Debt Free Living Podcast. He does them because he likes to share others’ stories but he also does them to learn something new for himself.

Now that they are debt free, the long-term goals are to work with companies that are impacting the world as well as give to missions around the globe. Doing all of this while still having the debt would have been possible . . . but a lot more difficult and a lot more scary!

To become a guest on the show please contact me and we can set up a time to record your debt free living story. The only rule to be on the show is that you are debt free besides the mortgage.

You can subscribe to the Debt Free Living Podcast either through Feedburner or iTunes. The podcast can be found in iTunes under the JW's Financial Coaching podcast. If you subscribe you will receive both the JW's Financial Coaching podcast on Mondays and the Debt Free Living Podcast on Thursdays.

If you enjoyed this episode please leave a review in iTunes.

If you would like to take the steps necessary to start living debt free I would love to be a part of your journey. Here's how I can help