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 12, 2016  
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  • If giving isn't a priority, it isn't going to happen
  • We won't give unless we are first content with what we currently have
  • How to become a giver year round
  • Why giving works best when the money is set aside to do it
  • Quote of the lesson from Anne Frank

The JW’s Financial Coaching Podcast_109

I think giving is something we'd all like to do a better job of, but usually don't. There are a lot of reasons for that but today's lesson is about encouraging us to become better givers.

Because let's face it, when was the last time you gave and didn't enjoy it? I think when we truly give money, not out of obligation or of guilt, it is one of the best things we can do with our money.

Then how come we don't give as much as we'd like to? Today we're going to discuss four ways to become a better giver. Now normally when we talk about giving, we're talking more than just money, but today we're talking about money.

The good news is that anyone can give! There isn't a certain income threshold that prevents us from giving. Of course the more you make, the more you can potentially give, but don't let a certain dollar amount prevent you from becoming a giver.

Being thankful for what you got

We won't give unless we are first content with what we currently have. Sometimes we forget that we have so much and instead compare ourselves to what we don't have.

But the mindset of being content means we free ourselves to give. Being discontent holds us back a lot of time with giving. I think that's because we fee like we're missing out on something if we give. But when we are in a state of thankfulness and contentment, we're able to give without worries.

Doing it the whole year

When we think of giving most of the time it is around the Christmas season. There's nothing wrong with giving at Christmas, but if that is the only time we give, I think we're missing out.

Lisa and I have personally found that we give more when we do it consistently through the year. It builds up that giving muscle of discipline and giving has now become something that would crush us if we had to give it up.

Budget for it

Giving works best when you set aside the money to do it. When I coach people the first thing I have them do with their budget, after taking care of the four walls, is to put an amount in the giving section.

Putting giving in the budget works a lot better until waiting towards the end of the month and giving what is left over. That is because when you budget giving you are making it a true priority.

If you don't have much to give, still budget for it. What if you are someone who likes to give more spontaneously based on need? No worries, you can still budget for that. Lisa and I did that last year and it has been a blast to give when needs arise.

Visit a place you want to help

Finally to help encourage your giving, I suggest visiting or volunteering to help causes that you are giving to or want to give to. For example if you want to give to your place or worship such as a church or synagogue, go ahead and plan a visit. Or if you are interested in a inner city or homeless program, make a trip down there.

By visiting and seeing what your money is actually doing and how it is helping your cause or impacting lives, that will be enough motivation to keep giving. Which will ultimately leave you to become a bigger giver and leave a bigger impact.

Today's quote of the lesson is brought to you by Podbean. To

“No one has ever become poor from giving” Anne Frank

Enjoyed this lesson? If so, please consider taking a few minutes to leave a review of the show either in Stitcher SmartRadio, or iTunes. For a step by step video of how that works, please watch this video on how to leave a review in iTunes.

You can subscribe to future podcasts through Stitcher SmartRadio or iTunes, or by downloading the iPhone app. Or you may listen to the podcast on the JW's Financial Coaching Facebook Fan page.

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  • Different format to the show today
  • Sharing my thoughts from doing 100 lessons of the show
  • Doing the podcast has taught me a lot about money
  • How you can help show your support for the show
  • How you can buy a copy of "A Tale of Two Houses"

The JW’s Financial Coaching Podcast_100

For the 100th lesson of the JW's Financial Coaching Podcast, we're going to do something different. I'm sharing 100 different money thoughts I've learned since I started the show.

If you have been a listener to the show for a long period of time you know that there have been more than 100 lessons of the show. I originally started the show back in 2010 and only started to number the lessons in 2012.

Either way for today I started out by coming up 100 short thoughts I have come to believe while doing the show. These 100 then were grouped in 14 different categories.  They are:

  1. Money is . . .
  2. Debt
  3. Owning a home
  4. Giving
  5. Budgeting
  6. Spending
  7. Joint Finances
  8. Investing
  9. Saving
  10. Credit Scores
  11. Education
  12. Taxes
  13. Emergency Fund
  14. Podcasting

Hopefully you enjoy the show, I'd love to hear feedback on whether or not you enjoyed it. Ultimately thought I couldn't do it without you. I know I always say that, but I say it because it is true. Thank you for being a listener to the show, I am excited to share with you some big things I have for the show later on this year.

Also "A Tale of Two Houses-Our journey of buying a home the right way after buying one the wrong way" is now available for pre-sale. The book releases April 12th but order now to get the lowest price you'll find it and receive two exclusive bonuses for pre-ordering the book.

Enjoyed this lesson? If so, please consider taking a few minutes to leave a review of the show either in Stitcher SmartRadio, or iTunes. For a step by step video of how that works, please watch this video on how to leave a review in iTunes.

You can subscribe to future podcasts through Stitcher SmartRadio or iTunes, or by downloading the iPhone app. Or you may listen to the podcast on the JW's Financial Coaching Facebook Fan page.

November 18, 2012  
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Highlights of today's show:

  • Don't forget to give thanks for what you have this week
  • How I experienced the power of cash when selling my car
  • How you can increase your retirement savings 1% in 2013
  • Join me in fighting back against the holiday marketing machine
  • I need your help in creating the 2012 year end podcast

From time to time I have so much that I would like to discuss on the podcast that I just take an episode to cover it all. This podcast is one of those episodes. We discuss the power of cash, Thanksgiving, how to get through the holidays, ways to contribute just 1% more to retirement in 2013, and how I can use your help for the year end podcast all in today’s episode.

I talk a lot about the power of cash and the deals you can experience when you pay with cash. But a few weeks back I was able to be on the other side of the experience when trying to sell my car. I share my story of how having cash in my hand led me to knock $400 off my asking price.

We also discuss ways to increase your savings 1% in 2013. My challenge to the podcast listeners is to increase your savings by 1% in the upcoming year. The good thing is that there are some simple ways to increase your savings rate without even missing the money.

Also, with Thanksgiving upon us this week, it is always good to take some time and remind yourself what you are thankful for. Often when it comes to our finances we compare ourselves to those who have more, but whatever your situation is you have to be thankful for what you've got.

Speaking of the holidays, are you participating in the Holiday Challenge? This is a way to bring the listeners to the podcast together to fight against the holiday blues and find encouragement to battle against the marketing machine.

Finally, I need your help for the final podcast of 2012. I’m trying to collect testimonials from you, the listener, on what you have done to improve your finances in 2012 as well as finding out what your goals are for 2013. Please take 2 minutes and fill out the contact form with your answers. I plan on reading all of them on the final edition of the podcast this year. My goal is to read off 100 of these so thank you in advance for your participation.

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 30, 2012  
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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.

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On today’s show we finish up the Three Things We Do with Money series by discussing the topic of giving.  Giving might be the most important piece of the three things we do with money but unfortunately it is also the smallest!  We discuss how important it is to give to causes you have a passion for, why giving can make us wealthier, and why giving does not have to be just for religious reasons.

As mentioned in the show, Steve Stewart of Money Plan SOS did a great podcast on giving and tithing for those of us who give through the church so I recommend checking out that show.

In addition, we wrap up the series by discussing the importance of doing well in all three areas, spending, saving, and giving, and how that can change your finances.  At the end of the show we make a few big announcements about what the show is doing in April for National Financial Literacy month.

As mentioned in the show, JW’s Financial Coaching now has a fan page on Facebook, so please check us out so you can interact with us, ask questions, listen to podcasts right from the fan page.  So check us out and “like” us today.

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

March 2, 2011  
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Today we talk a little bit about the three things we do with money; give, spend, and save. Learn why each one is important and why it is important that you work on all three. In addition, Jon cites an article from Fidelity claiming that the average balance in 401(K) accounts is at a 10 year high. Why is this not front page news?  Jon goes into the reasons why.

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

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We follow up where we left off in Part I of Healthy Financial Habits to develop in 2011 by discussing how to get out of debt, save money, and to become a better giver. For more help in those areas visit our financial resources page for additional help.

You may subscribe to the Podcast either through Feedburner or iTunes.

If you have any comments, questions, or ideas for future shows you can send them to me and I will read them on the air. Please Email me at JWFinancialcoaching@gmail.com -Please put “podcast” in the subject line and keep your questions brief so they are readable on air.

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