The Plenty Money Podcast

There are many aspects of managing money. Some areas we may do very well in, while others might still need some work. This segment offers an opportunity to reflect on how well you've done when it comes to managing your money.

People often ask me what's the best for them to get a return on their money. I wish I could say that there's a blanket best option but it just doesn't that way. That said, this segment discusses many of the options out there when it comes to getting a return on your money. It also discusses some things to consider before choosing one of these options.

Ever wonder if you're on a good financial trajectory? This segment highlights eight questions that will help reveal how you're doing financially.

Looking to take your finances to the next level in 2024? This segment offers tips on kick the new year off right and finish up in good shape.

Christmas is one of the most fun holidays to celebrate but its also one of the most expensive holidays to celebrate. This segment offers tips for keeping your holiday spending in check so that you can enjoy Christmas without carrying the debt into next year.

This segment discusses things to consider if you're in the market to purchase a vehicle. It offers tips for obtaining the best financing, negotiating the best and how to make a purchase that you're happy with.

On October 1 Congress came to a last minute agreement to keep the government open through November 17. With less than a month before that deadline Congress has yet to reach an agreement. The chances of a government shutdown look fairly good at the moment. This segment discusses some of the financial impacts a government shutdown could have on federal employees and military personnel. It also offers some tips for helping you to prepare for and survive a potential government shutdown.

If someone handed $25,000 right now, what with you do with it? This segment discusses possible things you might do with $25,000. For anyone who aspires to come up with $25,000 on their own, this segment also provides tips for accumulating the money quickly.

We all have a default when it comes to our money management habits. Are your money management habits hurting or helping you. I've noticed a common thread in the financial habits of people who struggle with money. In this segment, I discuss the top 10 habits that are ruining people's financial situation.

I've been getting lots of questions about whether the economy is headed for a recession and whether the federal reserve will continue to raise interest rates or not. In this segment I talk about the current state of the economy and things you can do to take advantage of the current economic environment.

Ever thought about paying off your home early? This episodes discusses how to determine whether paying off your home early is the right thing for you and shares practical tips for how to go about paying off your home faster.

Nobody gets rich off of credit card rewards but that doesn't mean you can use them in your favor. This segment highlights some of the creative ways you enjoy more rewards from your credit card company and always come out on top.

Does generating a million dollars sound unattainable or like it something really hard to do? It's true that $1 million is a big number but its not as far fetched as it sounds. As a matter fact, generating $1 million over the long haul is actually easy. This episodes shares why making a $1 million is so easy and lays out the path to make it happen. (Correction: In this episode I state that the historic return of the S&P 500 is 11.88%, the correct return is 10.33%)

Most people don't pay much attention to their net worth. Perhaps it because it sounds like something that only wealthy people care about. However net worth is one of the best measures of your overall financial health. In the segment, I talk about what net worth is. How it's calculated. Why net worth matters and some tips for increasing your net worth.

People often ask if they should be saving money or investing money but there's really no short answer to that question. This segment dives into the dynamics of saving money and investing money. It highlights the similarities and differences between the two. It also offers some tips on how to go about doing both.

Many are super stressed this time year. They might still to get their taxes filed and not really sure what to expect. Taxes don't have to be stressful. In this segment we discuss some of the basic elements of filing your taxes and provide some IRS updates for 2022.

Are you wondering whether now is a good time to invest in stocks or real estate? There has been lots of talk about a recession and potential real estate crash. In this segment we take a quick review of the jobs, real estate and stock market. I also answer the all too common question, "should I be investing right now?" If you have concerns about what to do in this market. Check out the segment. 

The new brings plenty of excitement and optimism. It takes a little more than excitement and optimism to create a better financial situation. This segments shares 7 steps for putting that new year optimism to work.

What's your system for managing your money and making the best financial choices possible? This segment discusses organizing your money and provides practical tips for developing a rock-solid money management system.

Debt is a part of life but it shouldn't ruin your life. If you have a desire to become debt free, I say go for it. This segment provides practical tips for paying off debt effectively and efficiently.

Recently, a prospective client asked me "how do I know when I should hire a financial professional." I found this to be an excellent question. This segment answers that question and provides useful tips for hiring the right professional to help you achieve the exact results you desire to see.

The economic winds of change are blowing. Many are wondering where the economy is headed and what should they ought to be doing with their money right now? This segment discusses the current state of the economy and offers tips for how to best take advantage of this stage of the economic cycle.

Do you have a financial code of conduct? One of the primary causes of money struggles is poor financial choices. It's important to establish a set of principles that makes it clear what's okay and what's not okay when it comes to your money. This segment talks about the importance of maintaining a financial code of conduct and explains how to establish one for you and your family. 

Many self-employed people tend to forget all about taxes until its time to file. Unfortunately, the IRS penalizes you for waiting until the end of the year to pay all of your tax due. The IRS considers tax due at the time income is earned and estimated tax payments is the system they put in place for self-employed persons and business owners to be able to make those tax payments. This segment explains what estimated tax payments are, when the payments are due and provides tips for making your estimated tax payments in full and on time to avoid unnecessary penalties and fees.

You have probably heard the different terms, 401k, 403b, IRA, Roth IRA but may not be sure what all of these things are. There are many different vehicles one could use to save for retirement. This segments shares some of those vehicles and breaks down the details about each one as well as some of the some pros and cons of the different vehicles. If you don't currently have a retirement account in place this segment will help you get the ball rolling.

Divorce comes with significant financial implications for both parties. The true financial costs are not always clear beforehand. This segment discusses some of the financial implications of divorce and lays out eight steps someone currently going through a divorce or has recently gone through a divorce can take to help fortify their financial situation.

Two people working as one can amount to a wonderful future. It's gratifying for couples to look back and see how far they've come from where they started. This segment highlights the benefits couples get from planning their financial future and offers three tips for creating your household financial plan.

Marriage can come with a significant number of financial benefits when both parties are working together. Too often couples forfeit some of these benefits by not getting on the same page financially. This segment highlights some of the advantages of couples combing their finances and offers four tips to help couples work as a team when it comes to money. 

Many people are intimidated by the idea of investing in the stock market. They don't fully understand the stock market and all the financial data can seem overwhelming. At the end of the day the key to success is investing your money in the best companies. This segment explains how to go about finding great companies to invest in.

The stock market has historically been an excellent catalyst for building wealth. Fortunately, the market is available to everyone. Even people who may not have a lot to invest. This segment better explains how the stock market works and lays out the steps for getting started investing.

It's a new year with new possibilities! Might as well start things out on the right foot, right? This segment suggests five things that should avoid doing 2022 to help yourself reach your financial goals. Happy New Year!!

Protecting yourself from unforeseen incidents is one of the keys to financial freedom. This segment talks about some of the different types of financial protections and ways you can avoid experiencing a financial setback.

Credit touches just about everyone's financial situation in some form or fashion. Since most of us have a credit score attached to our name, it's a good idea to understand how that credit score gets determined.

When you think about money, what are the first thoughts that come to mind? Maybe stress or perhaps optimism? They way you view and behave with money has a lot to do with your money mindset. The segment discusses what money mindset is, how it gets shaped and practical things you can do to develop a more positive money mindset.

The secret ingredient to achieving your financial goals faster is extra income. The segment looks at ways to sustainably bring in more income so that you actually move your financial needle and create the change you desire to see.

How much money would you say you spend on things you don't really need? Could that money be useful in helping you reach your financial goals? Cutting back expenses is not about denying yourself the things you want. It's about making temporary sacrifices to put yourself in financial position to enjoy more of the things you want. 

Have you ever taken the time to calculate how much money you spend on certain things? You may be surprised by what you find. This segment focuses on evaluating your spending habits over long periods to determine whether your current financial choices support your overall financial aspirations.

Are you maximizing all of your income tax benefits? Paying taxes is part of life for people with income but that doesn't mean you can't take advantage of the tax code and reduce the amount you owe by as much as possible. This episode covers the most effective way to learn all the tax deductions or credits applicable to you and helps you plan to leverage them.  

Commonly accepted economic norms and consumer culture has made debt a fixture in most households. All debt is not created equal and it's important to temper the amount of debt we take on. This segment looks at some of the impact debt can have and lays out some practical steps for tackling debt.

Your overall investment allocation plays a key role in maximizing your retirement savings. It's important to make sure your hard earned money is invested in a way that's most advantageous for where you are currently. It's also important to make sure you do what you can to maximize your retirement contributions. The sooner you begin saving and the more money you can contribute to your retirement fund, the larger your next egg will be when its time too quit working. This episodes provides more insight into investment allocation options and offers tips for increasing the amount you're contributing to your retirement funds. 

Retirement is a topic that many people have questions about. Questions about the specific retirement plan that your employer offers. Questions about when you should start saving for retirement. Questions about how much money you need to save for retirement. The answers to these questions are not as complicated as they are sometimes presented. This segment talks about Retirement Planning from a common sense perspective to help you better understand how to go about planning a healthy, happy retirement.

When it comes to winning with money, clarity is key. When you're clear about what you want to accomplish financially it's easier to stay focused and get it done.

Investing is a great way to grow your money or create multiple streams of income. Are you financially ready to begin investing? If so, how do you get started? This podcast will give you a good overview what to consider and how to get in the game of investing.

Financial success starts with a solid system for managing your money. Financial tools such as spending plans, debt pay-off plans and savings targets should all be a part of your money management system. This episode digs into the details of how to employ these tools in your financial planning.