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!

March 25, 2012  
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Highlights of today's show:

  • Glen Steinson joins us to talk about Stewardship
  • Stewardship is about more than just the money
  • It’s ALL God’s. Not just a 10% tithe
  • Everyone’s stewardship story is unique
  • If you want to start being a better steward then pray

I am proud to have my friend Glen Steinson from StewardshipWeekly.com on the show. I invited Glen to talk about Biblical Stewardship because after living out stewardship in his own life and interviewing others about it on his show, he knows what true biblical stewardship is.

[caption id="" align="alignright" width="300" caption="Glen and Elaine Steinson"][/caption]

Often when I think of stewardship, I think of it mostly relating to finances. While our income and assets are an important part of stewardship, there are also two other pieces that we often forget and those are our time and our talents. Just as we need to make sure we are honoring God with our spending and use of our income, we also need to honor God with the use of our time and the abilities that he has given us.

Glen has been doing the Stewardship Weekly podcast now for almost a year and one of the main things he has learned is that everyone’s story is unique. Whether it is buying a car, purchasing a house, or trusting God to provide in a time of need, the Lord provides and meets our needs.

Faith and finances is something that I would like to do more of on the show and I would love to hear your feedback on this show.

You can now find the podcast on Stitcher SmartRadio! Stitcher allows you to listen to your favorite shows directly from your iPhone, Android Phone, Kindle Fire and beyond. So if you have a smart phone and want to stream the podcast from your phone, please download the app from their website.

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 of the podcast on iTunes. For a step by step video of how that works please watch this video on how to leave a review in iTunes. Big thanks to my friend Glen Steinson for helping me create the video.

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.

March 18, 2012  
00:0000:00

Highlights of today's show:

  • Budgeting on an irregular income can be difficult
  • The key is to prioritize your spending each month on what is important
  • Establish a Hill and Valley fund to get you through the lean months
  • How to budget when getting paid every other week
  • March Madness should not be what you use to describe your finances!

[caption id="" align="alignleft" width="450" caption="Credit: Joseph Sangl"][/caption]

Budgeting on an irregular income can be tough. This goes for anyone who is self-employed or works on commissions. Because it can be difficult a lot of times we give up and do not budget our money, which leads us into problems. To combat that you need to make budgeting a priority even more because of the unpredictable income!

A traditional budget will not typically work with irregular incomes. To help with that I have created the irregular income spreadsheet on our free financial resources page to help out. This budget is much easier for people on an irregular income to use than a traditional budget. Today we walk through how to budget for irregular incomes. In addition, we discuss why it might be wise to establish a hill and valley fund separate from your emergency savings as well as discuss budgeting when you get paid every other week.

With March Madness upon us I encourage you to look at your own finances. If you use March Madness to describe your financial situation then you have a problem that needs to be addressed. If you would like me to help walk with you in this process contact me today. Remember, March Madness should only be used to describe the action on the hard wood and not your personal finances.

You can now find the podcast on Stitcher SmartRadio! Stitcher allows you to listen to your favorite shows directly from your iPhone, Android Phone, Kindle Fire and beyond. So if you have a smart phone and want to stream the podcast from your phone, please download the app from their website.

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 of the podcast on iTunes. For a step by step video of how that works please watch this video on how to leave a review in iTunes. Big thanks to my friend Glen Steinson for helping me create the video.

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.

March 11, 2012  
00:0000:00

Highlights of today's show:

  • You'll still have financial dilemmas even if you are debt free
  • How you look at those dilemmas is what is different
  • Emergency funds turn potential crises into inconveniences
  • Being debt free is more of a mindset
  • April is Financial Literacy Month

As a financial coach I am so passionate about getting out of debt, having an emergency fund, and saving money for your future. However, sometimes it can come off that having all those things will make all your financial dilemmas disappear, which is simply not true.

No matter if we have zero debt or $100,000 in debt you will have have to make some financial decisions. The difference, however, is that by having a plan you have more options and can make the best long term solution instead of being desperate and having to make a decision that gets you through the short term.

But I want to encourage you today that if you are debt free and going through some financial strain, don't quit! Look at how far you have come and think how the old you would have handled the situation.

April is right around the corner and that is National Financial Literacy month! I will be doing blog posts and podcasts on financial literacy in April, but if you are a personal finance blogger or financial coach, please visit Steve Stewart to see how you can become a part of the FLMonth project and help promote financial literacy!

You can now find the podcast on Stitcher SmartRadio! Stitcher allows you to listen to your favorite shows directly from your iPhone, Android Phone, Kindle Fire and beyond. So if you have a smart phone and want to stream the podcast from your phone, please download the app from their website.

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 of the podcast on iTunes. For a step by step video of how that works please watch this video on how to leave a review in iTunes. Big thanks to my friend Glen Steinson for helping me create the video.

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.

March 7, 2012  
00:0000:00

Brad Chaffee joins us on today’s show to share how he paid off $26,000 in debt. Like many Americans, Brad and his wife fell into the debt cycle and had disagreements about money. After reading Dave Ramsey’s Total Money Makeover it just made sense to Brad to pay off his debt. At first it was difficult, but it became easier as they went along.

By getting debt free and working their plan, Brad and his wife are now on the same page in their marriage and have no money fights. Throughout the process Brad got some weird looks from his co-workers, especially after he sold his car and bought a beater. But Brad had a realization that it was only stuff that he was getting rid of and that made it a lot easier to let go.

Brad started EnemyOfDebt.com in April of 2008 as a way to blog about his journey getting out of debt. Brad’s site is less about the numbers and more about the psychology of debt. The best way to get out of debt is to figure out the root cause of your debt in the first place and develop a reason to dump it. For Brad, his reason for getting out of debt was because he was sick and tired of giving other people his money. Today, Brad and his wife do not really have a 5 to 10 year dream of what they want to do because they are living their dream right now! Brad is able to stay at home with his children and home school his oldest son, they have the freedom to travel for long periods of time, and they are currently renting and saving up to pay for a home with cash!

“Debt is a hindrance, not a tool.” ~ Brad Chaffee

You can subscribe to the Debt Free Living Podcast either through Feedburner, iTunes, or Stitcher SmartRadio! 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. For a step by step video of how that works please watch this video on how to leave a review in iTunes. Big thanks to my friend Glen Steinson for helping me create the video.

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

March 4, 2012  
00:0000:00

Highlights of today's show:

  • Credit Card debt is on the rise
  • Do not recommend using them
  • Readers are 50/50 on using them
  • What are your thoughts on credit cards?
  • When do you file your income taxes?

Credit card debt continues to rise. Having worked with individuals and couples over the past few years this stat does not surprise me. I have talked about credit cards some on the podcast before, but today I share my full view on them and share your thoughts as well. According to a Facebook poll, you the listeners are 50/50 on your use of credit cards. Some do not carry them and the others have them but pay them off each month. Either way I am not going to be too upset with you. However, if you carry a balance each month then please realize that these cards have not been a blessing to you so please consider closing the account to further charges and start to pay off the balance.

Below are some articles or podcasts I have done on credit cards:

In addition, I also filed my families income taxes last week. I am not a tax expert by any means, but why is it that the more I learn about taxes the more I get angry? I think it is because the tax system we have currently is so confusing with so many income restrictions and miscellaneous items you can deduct. But I want to know when you file your income taxes. Are you one who does them right away, do you procrastinate, or do you file when you need a refund? I am doing a poll on Facebook to see when most people file their taxes.

You can now find the podcast on Stitcher SmartRadio! Stitcher allows you to listen to your favorite shows directly from your iPhone, Android Phone, Kindle Fire and beyond. So if you have a smart phone and want to stream the podcast from your phone, please download the app from their website.

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 of the podcast on iTunes. For a step by step video of how that works please watch this video on how to leave a review in iTunes. Big thanks to my friend Glen Steinson for helping me create the video.

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.