The Financial Wizard™️
By Eric Henning
Eric Henning brings nearly 25 years experience in the financial world to help you demystify money.
The Financial Wizard™️Jul 15, 2018
00:00
28:42
Getting Good Financial Advice
In this episode, Eric talks about how to find the right investment professional, and how to know whether they are giving you the right advice.
Remember, if you know what vehicles are appropriate for your age, etc. a good advisor won't recommend something that runs counter to that.
Check out their work history and any complaints at brokercheck.finra.org/
Links for state-level checking for CPAs, mortgages brokers, insurance agents, and commodities futures brokers are at www.finra.org/investors/brokercheck-resources
You can share your money questions, worries and triumphs with us at eric@TheFinancialWizard.com.
Please subscribe, leave us a review, and tell your friends about this podcast. You can see more on the Web and join our email list at www.TheFinancialWizard.com, and follow Eric on Facebook @TheFinancialWizard and Twitter @YouCanDoMoney
Remember, if you know what vehicles are appropriate for your age, etc. a good advisor won't recommend something that runs counter to that.
Check out their work history and any complaints at brokercheck.finra.org/
Links for state-level checking for CPAs, mortgages brokers, insurance agents, and commodities futures brokers are at www.finra.org/investors/brokercheck-resources
You can share your money questions, worries and triumphs with us at eric@TheFinancialWizard.com.
Please subscribe, leave us a review, and tell your friends about this podcast. You can see more on the Web and join our email list at www.TheFinancialWizard.com, and follow Eric on Facebook @TheFinancialWizard and Twitter @YouCanDoMoney
Jul 15, 201828:42
Financial Independence Day
What does it mean to be "financially independent?" In this special July 4th edition, Eric talks about financial independence: our attitudes, goals, and seven habits of financially independent people that we can apply right now to get us closer to those goals.
You can share your money questions, worries and triumphs with us at eric@TheFinancialWizard.com.
Please subscribe, leave us a review, and tell your friends about this podcast. You can see more on the Web and join our email list at www.TheFinancialWizard.com, and follow Eric on Facebook @TheFinancialWizard and Twitter @YouCanDoMoney
You can share your money questions, worries and triumphs with us at eric@TheFinancialWizard.com.
Please subscribe, leave us a review, and tell your friends about this podcast. You can see more on the Web and join our email list at www.TheFinancialWizard.com, and follow Eric on Facebook @TheFinancialWizard and Twitter @YouCanDoMoney
Jul 04, 201829:36
5 Things You Can Do Today To Improve Your Financial Life
This week, Eric gets down to brass tacks with some super-practical tools for tweaking our finances and get us over the hump faster.
1. Cutting expenses: bit.ly/2h1qUcX
2. Credit unions: MyCreditUnion.gov
**Here's a bonus just for reading the show notes! Most credit unions have a deal whereby every 7-11 ATM is fee-free to their members! Ask you credit union and find fee-free ATMs at co-opcreditunions.org
3. Rollover your old 401(k): nerd.me/2lJCCId
4. Compare Life Insurance polices: PolicyGenius.com
5. Make a Will: LegalZoom.com
Please share your confidential money questions, worries and triumphs with us at eric@TheFinancialWizard.com.
Please subscribe, leave us a review, and tell your friends about this podcast. You can see more on the Web and join our email list at www.TheFinancialWizard.com, and follow Eric on Facebook @TheFinancialWizard and Twitter @YouCanDoMoney
1. Cutting expenses: bit.ly/2h1qUcX
2. Credit unions: MyCreditUnion.gov
**Here's a bonus just for reading the show notes! Most credit unions have a deal whereby every 7-11 ATM is fee-free to their members! Ask you credit union and find fee-free ATMs at co-opcreditunions.org
3. Rollover your old 401(k): nerd.me/2lJCCId
4. Compare Life Insurance polices: PolicyGenius.com
5. Make a Will: LegalZoom.com
Please share your confidential money questions, worries and triumphs with us at eric@TheFinancialWizard.com.
Please subscribe, leave us a review, and tell your friends about this podcast. You can see more on the Web and join our email list at www.TheFinancialWizard.com, and follow Eric on Facebook @TheFinancialWizard and Twitter @YouCanDoMoney
Jun 28, 201831:09
Answering Your Questions!
This week, Eric answers your questions, covering such issues as when to pay for a tax preparer, choosing vendors, recovering from financial trauma, and learning about stock investing from scratch.
"Buying Time" episode: anchor.fm/TheFinancialWizard/episodes/Buying-Time-e19mbl
"Buckets O' Money" episode: anchor.fm/TheFinancialWizard/episodes/Paying-Off-Credit-Cards--pt--1-Buckets-o-Money-e1a82s
Learn Investing app rubicoin.com/learn/
Please send your confidential money questions to Eric at eric@TheFinancialWizard.com.
Please subscribe, leave us a review, and tell your friends about this podcast. You can see more on the Web and join our email list at www.TheFinancialWizard.com and follow Eric on Twitter @YouCanDoMoney
"Buying Time" episode: anchor.fm/TheFinancialWizard/episodes/Buying-Time-e19mbl
"Buckets O' Money" episode: anchor.fm/TheFinancialWizard/episodes/Paying-Off-Credit-Cards--pt--1-Buckets-o-Money-e1a82s
Learn Investing app rubicoin.com/learn/
Please send your confidential money questions to Eric at eric@TheFinancialWizard.com.
Please subscribe, leave us a review, and tell your friends about this podcast. You can see more on the Web and join our email list at www.TheFinancialWizard.com and follow Eric on Twitter @YouCanDoMoney
Jun 20, 201825:58
The Retirement Money Machine
This week, Eric shows how to reduce investment risk while increasing our potential returns. He references principles going back to ancient times, and shows how to apply them. It all comes together in our retirement accounts, with a simple system that is easy to set up and maintain, and available to investors of any size.
Listen to Eric's guest appearance on the "Tell Your Story Better" podcast here: anchor.fm/izoldat
Please send your confidential money questions to Eric at eric@TheFinancialWizard.com.
Please subscribe, leave us a review, and tell your friends about this podcast. You can see more on the Web and join our email list at www.TheFinancialWizard.com and follow Eric on Twitter @YouCanDoMoney
Listen to Eric's guest appearance on the "Tell Your Story Better" podcast here: anchor.fm/izoldat
Please send your confidential money questions to Eric at eric@TheFinancialWizard.com.
Please subscribe, leave us a review, and tell your friends about this podcast. You can see more on the Web and join our email list at www.TheFinancialWizard.com and follow Eric on Twitter @YouCanDoMoney
Jun 13, 201822:45
Reducing Investment Risks
This week Eric takes us beyond the well-known risk of stock market volatility, to eight other, often overlooked, risks that can have an equally devastating impact on your financial future. He explains those risks, and how to reduce and manage each one, until you have an investment approach that makes sense for the long haul. Best of all, these strategies are available to anyone, not just millionaires.
Please send your confidential money questions to Eric at eric@TheFinancialWizard.com.
Please subscribe, leave us a review, and tell your friends about this podcast. You can see more on the Web and join our email list at www.TheFinancialWizard.com and follow Eric on Twitter @YouCanDoMoney
Please send your confidential money questions to Eric at eric@TheFinancialWizard.com.
Please subscribe, leave us a review, and tell your friends about this podcast. You can see more on the Web and join our email list at www.TheFinancialWizard.com and follow Eric on Twitter @YouCanDoMoney
Jun 07, 201836:09
Money Wisdom for Grads and the Rest of Us
This week, Eric talks about money basics for recent High School graduates, or anyone who is starting over. He discusses why college is no longer the automatic choice, and offers some basic skills to build your financial base. He ends with several cool and fun money apps to help get you started.
If you're a recent grad, or have someone in your family or friends who is graduating, have the listen to this episode!
International Baccalaureate Program www.IBO.org
Humankind www.behumankind.com/
GoodBudget goodbudget.com/
Digit digit.co/
SideChef www.sidechef.com/
Square Cash cash.app/
Price Per Pint www.priceperpint.com/
Please send your confidential money questions to Eric at eric@TheFinancialWizard.com.
Please subscribe, leave us a review, and tell your friends about this podcast. You can see more on the Web and join our email list at www.TheFinancialWizard.com and follow Eric on Twitter @YouCanDoMoney
If you're a recent grad, or have someone in your family or friends who is graduating, have the listen to this episode!
International Baccalaureate Program www.IBO.org
Humankind www.behumankind.com/
GoodBudget goodbudget.com/
Digit digit.co/
SideChef www.sidechef.com/
Square Cash cash.app/
Price Per Pint www.priceperpint.com/
Please send your confidential money questions to Eric at eric@TheFinancialWizard.com.
Please subscribe, leave us a review, and tell your friends about this podcast. You can see more on the Web and join our email list at www.TheFinancialWizard.com and follow Eric on Twitter @YouCanDoMoney
May 30, 201829:08
Memorial Day Special
In this special episode, Eric shares his perspective on how we can honor those who sacrificed in war and peace. He tells stories from his family and challenges us to consider what it really means to "support the troops." The episode ends with a musical interlude as an opportunity for thoughtful reflection.
Please support these fine organizations:
USO www.uso.org/
Operation Home Front www.operationhomefront.org/
TAPS www.taps.org/
Folds of Honor www.foldsofhonor.org/
Please send your confidential money questions to Eric at eric@TheFinancialWizard.com.
Please subscribe, leave us a review, and tell your friends about this podcast. You can see more on the Web and join our email list at www.TheFinancialWizard.com and follow Eric on Twitter @YouCanDoMoney
Please support these fine organizations:
USO www.uso.org/
Operation Home Front www.operationhomefront.org/
TAPS www.taps.org/
Folds of Honor www.foldsofhonor.org/
Please send your confidential money questions to Eric at eric@TheFinancialWizard.com.
Please subscribe, leave us a review, and tell your friends about this podcast. You can see more on the Web and join our email list at www.TheFinancialWizard.com and follow Eric on Twitter @YouCanDoMoney
May 28, 201827:53
Your Investment Nemesis
Eric uses the recent rise in gasoline prices to explain the rising cost of living, how it's measured, and why it's rising faster than you think. He outlines a strategy for protecting your investments, and later, your retirement income, from inflation. He ends with reflections on why this podcast exists and how to get the most out of it.
Consumer Price Index: www.bls.gov/cpi/
About REITs www.reit.com/
"Buckets o' Money" anchor.fm/TheFinancialWizard/episodes/Paying-Off-Credit-Cards--pt--1-Buckets-o-Money-e1a82s
"The Self-Made Creative" anchor.fm/selfmadecreative
"Tell Your Story Better" anchor.fm/izoldat
Please send your confidential money questions to Eric at eric@TheFinancialWizard.com.
Please subscribe, leave us a review, and tell your friends about this podcast. You can see more on the Web and join our email list at www.TheFinancialWizard.com and follow Eric on Twitter @YouCanDoMoney
Consumer Price Index: www.bls.gov/cpi/
About REITs www.reit.com/
"Buckets o' Money" anchor.fm/TheFinancialWizard/episodes/Paying-Off-Credit-Cards--pt--1-Buckets-o-Money-e1a82s
"The Self-Made Creative" anchor.fm/selfmadecreative
"Tell Your Story Better" anchor.fm/izoldat
Please send your confidential money questions to Eric at eric@TheFinancialWizard.com.
Please subscribe, leave us a review, and tell your friends about this podcast. You can see more on the Web and join our email list at www.TheFinancialWizard.com and follow Eric on Twitter @YouCanDoMoney
May 23, 201838:14
Special: A Royal Wedding, Money & Marriage
In this special episode, Eric uses the recent Royal Wedding to talk about how money can go from being a major source of marriage stress, to a productive partnership that can have an impact far beyond our own families. You'll get stories and specific insights into how to talk about money and practical tools to make money work for you and not against you.
Notes: "The Impulse Buying List" episode mentioned is at anchor.fm/TheFinancialWizard/episodes/The-Impulse-Buying-List-e19huu
Please send your confidential money questions to Eric at eric@TheFinancialWizard.com. If we use your question, we'll protect your identity.
Please subscribe, leave us a review, and tell your friends about this podcast. You can see more on the Web at www.TheFinancialWizard.com and follow Eric on Twitter @YouCanDoMoney.
Notes: "The Impulse Buying List" episode mentioned is at anchor.fm/TheFinancialWizard/episodes/The-Impulse-Buying-List-e19huu
Please send your confidential money questions to Eric at eric@TheFinancialWizard.com. If we use your question, we'll protect your identity.
Please subscribe, leave us a review, and tell your friends about this podcast. You can see more on the Web at www.TheFinancialWizard.com and follow Eric on Twitter @YouCanDoMoney.
May 20, 201828:40
Sports Betting, Gambling and You
This week, Eric discusses the implications of the Supreme Court decision lifting the Federal ban on sports betting, who stands to gain and who is likely to lose in the scramble for sports book revenue. He expands the topic to derive some general principles on gambling, and explores the idea that the stock market is a casino. He ends with the Money App of the Week, with a special nod to those dealing with aging parents.
Prism Bills & Money https://www.prismmoney.com/
Please send your confidential money questions to Eric at eric@TheFinancialWizard.com. If we use your question, we'll protect your identity.
Please subscribe, leave us a review, and tell your friends about this podcast. You can see more on the Web at www.TheFinancialWizard.com and follow Eric on Twitter @YouCanDoMoney.
Music: "Groundwork" & "George Street Shuffle" by Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution 3.0 License creativecommons.org/licenses/by/3.0/
May 15, 201831:54
Welcome to the Financial Wizard podcast!
Money is one of the biggest stressors we have in life. Hi, this is Eric Henning, and in the new Financial Wizard podcast, I’ll be bringing professional money knowledge in plain English to help you demystify money. Stay tuned!
May 15, 201800:49
Investing According To Your Age
This week Eric explains the life cycle of a stock using a company we all know, and shows you how your age determines which type of investment your should make. Finally, he reveals an ancient source of money wisdom that's available to everyone.
Please send your confidential money questions to Eric at eric@TheFinancialWizard.com. If we use your question, we'll protect your identity.
Please subscribe, leave us a review, and tell your friends about this podcast. You can see more on the Web at www.TheFinancialWizard.com and follow Eric on Twitter @YouCanDoMoney.
Please send your confidential money questions to Eric at eric@TheFinancialWizard.com. If we use your question, we'll protect your identity.
Please subscribe, leave us a review, and tell your friends about this podcast. You can see more on the Web at www.TheFinancialWizard.com and follow Eric on Twitter @YouCanDoMoney.
May 11, 201829:11
The Mortgage Interest Scam
This week, we talk online shopping safety; why your home mortgage tax deduction may be costing you thousands; and how to get your bills to pay you! Plus, our App of the Week will help you reduce those annoying robocalls.
Hiya: Caller ID & Spam Call Blocking https://hiya.com/
Please send your confidential money questions to Eric at eric@TheFinancialWizard.com. If we use your question, we'll protect your identity. If you like this podcast, please subscribe, leave us a review, and tell your friends. You can see more on the Web at www.TheFinancialWizard.com and follow Eric on Twitter @YouCanDoMoney.
May 10, 201830:31
Paying Off Credit Cards, pt. 3 & more!
This week, Eric explains how grocery rewards programs aren't always rewarding. He finishes our series of Rapid Debt Reduction by going into more detail on negotiating with credit card companies, and how to accelerate paying off the cards once and for all. We close the episode with a new segment, the Money App of the Week.
MileIQ www.mileiq.com/
Please send your confidential money questions to Eric at eric@TheFinancialWizard.com. If we use your question, we'll protect your identity. If you like this podcast, please subscribe, leave us a review, and tell your friends. You can see more on the Web at www.TheFinancialWizard.com and follow Eric on Twitter @YouCanDoMoney.
MileIQ www.mileiq.com/
Please send your confidential money questions to Eric at eric@TheFinancialWizard.com. If we use your question, we'll protect your identity. If you like this podcast, please subscribe, leave us a review, and tell your friends. You can see more on the Web at www.TheFinancialWizard.com and follow Eric on Twitter @YouCanDoMoney.
Apr 26, 201821:42
Paying off Credit Cards, pt. 2: Negotiating
In the second of three debt reduction episodes, Eric recaps the "Five 'Rs' of Debt Reduction. He then shows you how you can reach out to creditors and renegotiate your payments and interest rates. He covers what to do, whether you're in good standing, you're a bit behind, or collectors are calling. You'll learn how to stop collection calls and some of your rights under Federal Law. And you'll know what to do to set up the final phase of paying down your credit cards.
Please send your confidential money questions to Eric at eric@TheFinancialWizard.com. If we use your question, we'll protect your identity. If you like this podcast, please subscribe, leave us a review, and tell your friends. You can see more on the Web at www.TheFinancialWizard.com and follow Eric on Twitter @YouCanDoMoney.
Please send your confidential money questions to Eric at eric@TheFinancialWizard.com. If we use your question, we'll protect your identity. If you like this podcast, please subscribe, leave us a review, and tell your friends. You can see more on the Web at www.TheFinancialWizard.com and follow Eric on Twitter @YouCanDoMoney.
Apr 16, 201827:28
Paying Off Credit Cards. pt. 1: Buckets o' Money!
We begin our new, weekly format with a thought experiment; a way to picture our cash flow; debt, savings and investing, and how they relate to each other. Eric then goes into the "Five 'Rs' of Debt Reduction. He ends with three practical steps we can take right now to begin paying off our credit cards.
Please send your confidential money questions to Eric at eric@TheFinancialWizard.com.
If you like this podcast, please subscribe, leave us a review, and tell your friends. You can see more on the Web at www.TheFinancialWizard.com and follow Eric on Twitter @YouCanDoMoney.
Please send your confidential money questions to Eric at eric@TheFinancialWizard.com.
If you like this podcast, please subscribe, leave us a review, and tell your friends. You can see more on the Web at www.TheFinancialWizard.com and follow Eric on Twitter @YouCanDoMoney.
Apr 09, 201830:59
Buying Time
We end our beginning discussion of spending with a look at how we can use money to buy time, and what that means for entrepreneurs and creatives. Eric shares true stories from his investment career and talks about how to structure the time we've bought. He ends with an announcement about a format change.
Book recommendation: "It's About Time" by Ken Smith
You can send your money questions to Eric at eric@TheFinancialWizard.com.
If you like this podcast, please subscribe, leave us a review, and tell your friends. You can see more on the Web at www.TheFinancialWizard.com and follow Eric on Twitter @YouCanDoMoney
Book recommendation: "It's About Time" by Ken Smith
You can send your money questions to Eric at eric@TheFinancialWizard.com.
If you like this podcast, please subscribe, leave us a review, and tell your friends. You can see more on the Web at www.TheFinancialWizard.com and follow Eric on Twitter @YouCanDoMoney
Apr 06, 201815:03
The Impulse Buying List
Today we finish our discussion of the small leaks that can sink your financial ship. Eric talks about subscription services and impulse buying, and shares a tool that you can use right now to improve your financial life.
If you like this podcast, please subscribe, leave us a review and tell your friends. You can see more on the Web at www.TheFinancialWizard.com and follow Eric on Twitter @YouCanDoMoney
If you like this podcast, please subscribe, leave us a review and tell your friends. You can see more on the Web at www.TheFinancialWizard.com and follow Eric on Twitter @YouCanDoMoney
Apr 05, 201810:42
Small Leaks Sink Big Ships
In this episode we start a series talking about how seemingly small expenditures can cause massive problems as we try to steer our financial ship to a safe haven.
If you like the podcast, please subscribe, write us a review, and tell your friends. And you can always send us confidential questions at eric@thefinancialwizard.com Follow us on Twitter @YouCanDoMoney
If you like the podcast, please subscribe, write us a review, and tell your friends. And you can always send us confidential questions at eric@thefinancialwizard.com Follow us on Twitter @YouCanDoMoney
Apr 04, 201807:32
Popcorn, Cars, Time & Money
Every spending decision we make is a trade-off between saving time and saving money. On today’s episode, we explore the continuum of spending decisions, using common examples like popcorn and automobiles.
If you like the podcast, please subscribe, tell your friends, and leave us a great review on whatever platform you’re listening. Read the blog at www.thefinancialwizard.com and Follow us on Twitter @YouCanDoMoney
If you like the podcast, please subscribe, tell your friends, and leave us a great review on whatever platform you’re listening. Read the blog at www.thefinancialwizard.com and Follow us on Twitter @YouCanDoMoney
Apr 03, 201808:38
Getting Started DeMystifying Money
In this episode, we introduce "The Financial Wizard,"™️ concept of demystify money by explaining things in plain English. We talk about the seven things you can do with your money, and how to get started. If you like this podcast, please subscribe, give us a review, and tell your friends. You can see us on the web at www.thefinancialwizard.com and on Twitter @YouCanDoMoney
Apr 02, 201806:18