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!

September 30, 2012  
00:0000:00

Highlights of today's show:

  • Jeff Anderson joins us on today's show to discuss his book Plastic Donuts
  • The book was inspired by Jeff's daughter giving him an innocent gift
  • Plastic Donuts will give you a fresh perspective on giving
  • Money and giving will always be a tough topic to discuss in the church
  • Jeff discusses how we need to give according to one's ability

Jeff Anderson from AcceptableGift.org joins us on today's show to talk about his book Plastic Donuts*. Jeff wrote the book after receiving a gift of a plastic donut from his 18 month old daughter. After seeing how much his daughter enjoyed giving the gift, it gave Jeff insight on how God looks at our gifts.

The goal of Plastic Donuts is to give you a fresh perspective on giving. Jeff has been involved in Christian Stewardship for a few years now because he realized that he could not love both God and money. That led him to start Acceptable Gift to present giving from God's perspective.

Jeff never considered himself to be an author or a writer. The one major thing Jeff learned about writing was how to take your beliefs in your head and put them down on paper. His two words of wisdom for people contemplating writing a book is to 1.) Just begin the process 2.) Hire a writing coach

You can purchase Plastic Donuts on Jeff's website. If you do purchase the book through his website, please let them know when ordering that you heard about the book from this podcast and you will receive a second copy for free.

* Affiliate Link

You can subscribe to future Podcasts through FeedburnerStitcher SmartRadio, 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. There are two ways to get in touch with me:

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

2.) Simply fill out the form on the contact page. Please fill out your name, email, and your question/comment/suggestion and we will read it on air.

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

September 23, 2012  
00:0000:00

Highlights of today's show:

  • Nathan W Morris joins us to discuss his book Your 33 Day Money Action Plan
  • Nathan wrote 4 manuscripts before the final book was released
  • At the end of the book you will have a solid plan to attack your finances
  • 33 days full of tips and advice to be used as a checklist to see how well you are doing
  • Nathan's advice to anybody wanting to write a book is to just do it

Nathan Morris from NathanWMorris.com joins me on the show to discuss his book Your 33 Day Money Action Plan*. Nathan had wanted for awhile to write a book to help multiply his message.  Nathan wrote the book to help give people a step by step action plan on how to get their finances in order. At the end of the 33 days, you will be organized in your finances, have started to develop a solid plan to attack any weaknesses you have in their finances, and know how to cut back waste and control your spending.

The book is meant to be used as a checklist to see what you are doing well and what areas you can work on. One of the main topics in the book is determining your "why."  Your "why" is important because to make changes you have to have concrete reasons for the change. Nathan has found in his experience that having "whys" that are focused on others tend to work better then those "whys" that are centered on self.

Growing up, Nathan never considered himself as a writer or author. In fact in college, Nathan received an "F" on his final college paper. Throughout the process, the easy part of writing a book is the actual writing. The hard part was just making the time to write it down, doing the editing, and marketing the book. Nathan sees himself releasing another book in a year or two. His advice to anyone who wants to write a book is to just do it.  If you have a story to share, don't let your lack of previous writing get in the way.

* Affiliate Link

You can subscribe to future Podcasts through FeedburnerStitcher SmartRadio, 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. There are two ways to get in touch with me:

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

2.) Simply fill out the form on the contact page. Please fill out your name, email, and your question/comment/suggestion and we will read it on air.

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

00:0000:00

Highlights of today's show:

  • Answer a question from a listener
  • Where to put all your extra cash from savings
  • Keep your savings accounts very basic
  • Save for college using 529 and ESA accounts and take advantage of their tax treatment
  • If you are interested in audio books, check out audible.com

It’s a nice problem to have: having to find out where to stash all your extra cash. But it is an issue that will come up once you are debt free. Today’s topic is about where to put your different savings accounts. The question for today came from someone who listened to the replay of the “You are Debt Free . . . Now What?” Teleseminar.

You want to keep your emergency, vacation, car, and other savings account(s) separate from your general account so that way you know how much money you have in savings. For anything that you are planning to use in less than three years, I recommend using a simple savings account. Yes, you won’t make very much interest, but the money will be there when you need it and you don’t have to worry about it being tied up in stocks.

Should you have a separate savings account for each thing you are saving for? You can and I would recommend you keep you emergency savings account separate, but keeping your other savings separate is up to you. I personally use the non-monthly and savings worksheet to help keep track of our savings accounts.

In addition, for college savings use either an ESA or a 529 plan. Those plans have special tax advantages over investing them yourself. For more information, check out the video I did for Financial Literacy Month on college savings or check out the podcast I did explaining ESA and 529 plans.

In addition, if you interested in listening to books I highly recommend you check out audible.com and sign up for their free 30 day trial. My wife and I have really enjoyed what audible offers and you can actually get a free audio book by signing up.

You can subscribe to future Podcasts through FeedburnerStitcher SmartRadio, 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. There are two ways to get in touch with me:

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

2.) Simply fill out the form on the contact page. Please fill out your name, email, and your question/comment/suggestion and we will read it on air.

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

September 9, 2012  
00:0000:00

Highlights of today's show:

  • Busy summer for the blog and podcast
  • The Whites are traveling at the end of this month
  • How are we budgeting for our vacation?
  • Lots of variable expenses when it comes to driving on vacation
  • Nothing like having the accountability of sharing your budget on a podcast

It's been a busy summer for the podcast and blog. In June we had "Author Month" on the podcast, launched our first eBook The Major Components of a Healthy Financial Plan, and held our first teleseminar for the "You just graduated from college . . . Now What?" Coaching Package. In August the blog became self-hosted and we also had our first webinar titled "You are Debt Free . . . Now What?" Thanks again to all of you who helped made these events possible; I couldn't do it without you guys!

As mentioned in previous weeks, my family and I will be going on a vacation at the end of the month. Today's show is all about how we developed our traveling budget for this vacation. I've done a show before on my experience in planning a vacation, but in this show we dig into it, use real numbers and show how we came up with each budgeted amount.

Since we are driving the whole way, gas will be our biggest expense. But by knowing the approximate miles that we will be driving during the trip, knowing our car's mileage per gallon, and using GasBuddy.com, we are able to have a good estimate on how much gas we will use during the trip. In addition, we discuss how we determined the amount of food and other expenses we will spend on the trip.

You can subscribe to future Podcasts through FeedburnerStitcher SmartRadio, 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. There are two ways to get in touch with me:

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

2.) Simply fill out the form on the contact page. Please fill out your name, email, and your question/comment/suggestion and we will read it on air.

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

September 2, 2012  
00:0000:00

Highlights of today's show:

  • I'll be attending the Quitter Conference on Sept 21-22 in Nashville, TN
  • Discussing tips on how to ask for a raise this Labor Day
  • Reasons that you shouldn't ask for a raise
  • What to do when asking for a raise
  • "You are Debt Free . . . Now What?" Webinar was a success. Catch the replay on the blog.

With today being Labor Day in America, I thought we could go over some tips on how to ask for a raise. From time to time our work performance merits a raise and we need to ask for one. But a lot of times we are afraid to ask for one because we don’t know how to do it, or if we do ask for one, we do it the wrong way.

While there can be a lot of reason to ask for a raise, there are also reasons why you shouldn’t ask for one. A lot of those center around the entitlement theory; just because you have worked at a company for a long time or are the most senior one in your position doesn’t automatically mean you deserve a raise. You deserve a raise only when you provide benefit to the company. We live in an economy today where you earn money for what you know, not for just showing up. So to ask for a raise and receive one, you need to first demonstrate how you are valuable to the company.

Last year for Labor Day I did a show reviewing the book Quitter by Jon Acuff. You can listen to that show here, but on September 21st and the 22nd I will be attending the Quitter Conference presented by Jon. If you are planning on attending please let me know; I would love to meet with you at the conference.

Finally, last week we had the "You Are Debt Free . . . Now What?" webinar which was a huge success! Thanks to all of you who were there live with us or listened to the replay. If you missed it, the replay is now available to download in addition to taking advantage of the early bird pre-sale special.

You can subscribe to future Podcasts through FeedburnerStitcher SmartRadio, 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. There are two ways to get in touch with me:

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

2.) Simply fill out the form on the contact page. Please fill out your name, email, and your question/comment/suggestion and we will read it on air.

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