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!

January 29, 2012  
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Highlights of today's show:

  • Wrapping up January's theme of change in 2012
  • Changing is hard
  • Why is change hard?
  • But it is worth it
  • Gaining positive momentum

Today we wrap up January's theme of making a change in 2012 by discussing the difficulty of change. Change isn't easy and our natural tendency is to delay change as long as possible. When it comes to finances, it is difficult to change because we get used to doing things a certain way and to think of doing something differently is pretty scary.

But change is worth it! It is difficult in the beginning, but if you keep chopping away you will start to see the changes pay off in a big way. Once you get going, this positive momentum will carry you through and you will not think twice about turning back.

Hopefully all of the podcasts that we have done in January have been useful to you and if you are looking to make some change in your finances they have encouraged you to do better things in 2012! If you have listened to them all then you have all the tools necessary to reach your goals in 2012 and you have no excuses. So what are you waiting for?

If you would like some help making your 2012 a winning year financially, I am offering my two hour financial checkup coaching package for only $99 in the month of January.

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. In addition if you have enjoyed the show for a while now, please leave a review on the podcast on iTunes. For a step by step video of how that works please visit my friend Glen Steinson's video he created on how to leave a review in iTunes.

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. Email me at JWFinancialcoaching@gmail.com - Please put “podcast” in the subject line and keep your questions brief so they are readable on air.

January 25, 2012  
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Josh Levitt from LevittCoaching.com joins us on today’s show to discuss how he and his wife paid off over $48,000 in debt in just over a year! Josh and his wife thought they were being normal just like their friends by having debt and they never felt nervous about it. That is, until Josh's mom suggested he read "The Total Money Makeover" by Dave Ramsey.

The key to turning their finances around was to become intentional with their money and pay attention. When they first did a budget they realized that they were spending close to $600 some months just on eating out. There was not one huge sacrifice that was made but rather a lot of small sacrifices that enabled them to change their behavior.

Today they have no stress over money and can openly communicate all things about money. Because they are debt free they have been able to give more. In addition, they have taken more trips including a few trips to Hawaii, where they hope to be able to visit more in the years ahead. Josh started LevittCoaching.com because helping people win with money is something that he has a passion for.

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.

You can catch old episodes of the show on its own archive page.

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

January 22, 2012  
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Highlights of today's show:

  • Continue with getting your finances in order in 2012 theme
  • Discuss what do you need to do to change the way you are handling your finances
  • It starts with you
  • Must be willing to change
  • Willing to go sacrifice
  • Opportunity to guest post

Most people I talk to about personal finance know that they are not saving enough and have too much debt. The problem is that they have no idea how to stop what they are doing. This is a common theme when I record interviews for the Debt Free Living podcast. They knew what they were doing was wrong but no one told them that there was a way to live differently.

Today we go over this topic and share the three things you need to have before you can be ready to make the changes necessary to get your finances in order.

If you have a minute, please check out my guest post I did over at financialexcellence.net about what to do after you are debt free. I would love to hear your thoughts on what you are doing now that you are debt free and I also plan on being a regular contributor to that site going forward. In addition, I have been writing a few guest posts on other blogs over the past few months and I put up a page that has links to all of them. If you would like to be a guest poster for this site all you have to do is fill out the form and we can set something up.

If you would like some help making your 2012 a winning year financially, I am offering my two hour financial checkup coaching package for only $99 in the month of January.

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. Email me at JWFinancialcoaching@gmail.com - Please put “podcast” in the subject line and keep your questions brief so they are readable on air.

January 18, 2012  
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Matt Wegner joins us on today’s show to discuss how he and his wife paid off over $10,000 in debt. It took Matt all of one day to get the debt. All he had to do was visit the local truck dealership and that was it. Although it was not a lot of debt, it took a complete change in mindset for him and his wife to live debt free. In addition to paying off their truck, they were able to be able to pay off their house and be totally out of debt.

When Matt and his wife, Janelle, sat down to do a budget for the first time they each had to walk away and it took over 5 hours. Today, because they are on the same page, they can do it in less than 30 minutes. Before when they tried to budget, it was just one person doing it, but now they are able to communicate openly, they each have a vote and agree on where they are spending their money.

When Matt lost his job, initially he was worried, but then realized that since he had no debt, he was actually free to chase his dream of self-employment. He has been a financial coach for almost five years at financialexcellence.net in addition to having another business at greatoutdoors.com. Matt also does the weekly Living in Financial Excellence podcast which he enjoys. Doing all this would not be possible if they were not out of debt.

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

January 15, 2012  
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Highlights of today's show:

  • Continue our goal setting theme this month
  • Why it is important to have financial dreams
  • Debt makes it harder to dream
  • What is your financial dream?

It is important to have a dream. When you feel like you cannot dream anymore, that is the point where you are defeated. On the Debt Free Living podcast I always ask what the guest’s long term dreams are and I have gotten some great answers. I truly believe that those who are debt free are able to dream better than those who are not debt free.

Debt makes it harder to dream because with debt you are always thinking in the moment, wondering how you will pay your bills and not able to think about the future. Another way of putting this is figuring out your “Why.” Your "Why" will keep you going through the hard times and enable you to accomplish your dreams.

If you would like some help developing your dreams, I am offering my two hour financial checkup coaching package for only $99 in the month of January. I would love to sit down and work with you on developing your financial dreams and figuring out how to accomplish them.

In addition, my friend Deacon Bradley from lifestoked.com is offering his CRUSH2012 course starting soon. I took it back in December and it really helped in developing some goals for my life- not just financial, but also other areas such as spiritual, relational, physical, and career goals. To register please visit Deacon’s site. If you use the promo code ‘ThanksJon’ you will receive 25% off!

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. Email me at JWFinancialcoaching@gmail.com - Please put “podcast” in the subject line and keep your questions brief so they are readable on air.

January 11, 2012  
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Audrey Russell joins us on today's show to share how she and her husband paid off over $75,000 in debt. After getting married, they paid off over $26,000 in consumer debt in the first year of their marriage. They did not stop there, however, as they pushed through and paid off the condo they were living in at the time!

Audrey originally got into debt by buying into the whole "Good debt" philosophy which really just slowed down her prosperity. But by being out of debt she is able to experience freedom which she is doing by staying at home with her son. The key to paying off the debt was to temporarily sacrifice and live off of one income and what kept them going with intensity was having little celebrations after each debt was paid off.

Audrey started RussellMoneyCoaching.com in 2011 to help show clients how they can become debt free. Her goal is to get her clients to be able to live their values and have choices by getting their finances in order.

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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Highlights of today's show:

  • Steve Stewart joins us again
  • Long term things you can do with money
  • Pay for things you want to do with cash
  • Time to enjoy your money
  • How do you accomplish your goals?

Steve Stewart again joins us to discuss setting your financial goals in 2012. In part I, we discussed the things you need to do before you can set your goals. Today we discuss what are some things to aim towards in 2012.

After getting your debt paid off and having an emergency fund, now you get to enjoy your money! What are some things you have wanted to do but could not because of monthly payments? Things such as vacations, home remodels, and buying newer cars fall into this catagory.

In addition, now is the time to start saving for your retirement. Steve has done an excellent video on the importance of saving early for retirement titled "tree-tirement". But where do we save for retirement? The two most common ways are through 401(K)'s and IRA's

Finally, it is one thing to talk about your dreams and goals, but it is another to actually go out and do them. So how do we accomplish our dreams? You must do these things:

1. Write them down so you can be reminded of them everyday.

2. Make them specific and measureable.

3. Figure out your "Why." Why do you want to accomplish these goals?

4. Map out how you will accomplish them. How much do you need to cut from your budget to make this happen? How much do you need to save? How will you save the money?

5. Look at the long term reward and not the short term pain.

If you would like some help making your 2012 a winning year financially, I am offering my two hour financial checkup coaching package for only $99 in the month of January.

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. Email me at JWFinancialcoaching@gmail.com - Please put “podcast” in the subject line and keep your questions brief so they are readable on air.

January 4, 2012  
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Scott Maderer from Focused Intensity Coaching joins us on today's show to share how his family paid off $71,856.64 in debt in just under three years. When Scott and his wife decided to track their spending it blew their minds. The big key for them was changing their behavior. What kept them going for those three years was relying on each other and surrounding themselves with other people who were trying to be weird also. In the end they tried to make weird feel normal.

In the beginning of the process, Scott got teased at work by his co-workers. But Scott wore it as a badge of honor and by the end of it they were coming to him asking for advice!

Scott started FocusedIntensityCoaching.com to give advice and to help people achieve freedom in their lives. They really have a heart to help young professionals who are just starting out in 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

January 1, 2012  
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Highlights of today's show:

  • Steve Stewart joins us as a guest
  • Two part episode on setting your goals for 2012
  • Must start out by figuring where you stand
  • Take basic steps to get on solid ground financially

With a new year upon us, now is the time to prepare to do better with your finances in 2012. To help you out on your journey I have Steve Stewart of MoneyplanSOS.com back on the show. Together we discuss how to set your goals for this year.

This is a two part episode. In part one we talk about first finding out where you stand financially. How much debt do you have? How much are you bringing home a month in pay? What is your net worth? These are all good questions to have the answers to before setting your goals.

We also discuss the beginner steps one must do to have a healthy financial plan. Included in this are $1,000 in the bank, pay off all your consumer debt, and have an emergency fund of 3-6 months.

Next week we will be back for part II where we will discuss more advanced things to do financially in addition to discussing some of the keys to financial goal setting.

If you would like some help making your 2012 a winning year financially, I am offering my two hour financial checkup coaching package for only $99 in the month of January.

You can find all prior editions of the podcast at the podcast archive page. 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. Email me at JWFinancialcoaching@gmail.com - Please put “podcast” in the subject line and keep your questions brief so they are readable on air.