JW’s Financial Coaching Podcast Lesson #127-Washington won’t change your finances

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  • Anyone else sick of the election and ready for it to be over?
  • Why Washington won’t and can’t change your finances
  • The importance of focusing on your economy
  • What you can spend your time focusing on instead
  • Quote of the lesson from Rory Vaden

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JW’s Financial Coaching Podcast Lesson #126-How to handle loans from family and friends

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  • The most difficult loan to handle is the one from family and friends
  • Why we borrow from family and friends
  • The dangers in doing them
  • Why it is important to have to clear communication when lending to or borrowing from family and friends
  • Quote of the lesson

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JW’s Financial Coaching Podcast Lesson #125-Prioritizing for your retirement or for your child’s education?

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  • Most couples assume they need to sacrifice for child’s college fund
  • Benefits of doing each one
  • Do we need to pick one or the other?
  • The need to prioritize yourself over your children
  • Quote of the lesson from Chris Hogan

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Would you budget a million dollars?

If I handed you a million dollars today would you sit down and develop some kind of plan with the money?

Chances are your answer to that question is a resounding yes, but then why are we so reluctant to do so with our own money?

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JW’s Financial Coaching Podcast Lesson #124-What is Financial Coaching Exactly?

  • Why I got into financial coaching
  • What Financial Coaching is
  • What Financial Coaching is not
  • Why this show is different than other financial podcasts
  • Quote of the lesson from Tom Landry

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JW’s Financial Coaching Podcast Lesson #123-Is there a need for multiple bank accounts for saving?

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  • How to track your savings fund
  • Things to consider when deciding whether to lump your savings together or keep it separate
  • The only way to guarantee savings
  • How Lisa and I track our savings
  • Quote of the lesson

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Why do we equate Frugal with being Cheap?

While thinking the other day about personal finances, the question dawned on me, why do we use frugal and cheap so interchangeably?  Often when one is described as frugal we usually associate that with being cheap.  But is that necessarily the case?  If not, then what is the difference between being frugal and being cheap?

Simply put, being frugal means being resourceful with your money and not spending it on wasteful things.  It is maximizing the money you have, but still spending it on things you enjoy. Continue reading

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JW’s Financial Coaching Podcast Lesson #122-How to use side hustles to get out of debt with guest Tracey Minutolo

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  • Guest Tracey Minutolo joins us to talk about Side Hustling
  • What side hustling is and isn’t
  • How it has impacted Tracey’s finances
  • Why should someone side hustle
  • Quote of the lesson from Jon Acuff

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JW’s Financial Coaching Podcast Lesson #121-It’s not what you start to do, it’s what you stop doing that matters

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  • Why it is more important to focus on what you need to stop doing then to focus on what you need to start doing
  • What do you need to stop doing?
  • The difficulty in starting to do something new before you stop doing the old thing
  • Bad habits are tough to stop
  • Quote of the lesson from Peter Drucker

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JW’s Financial Coaching Podcast Lesson #120-The difference between knowing and understanding your finances

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  • What knowing our finances means
  • Why most of us don’t know or understand our financial situation
  • What understanding our finances does for us
  • How to start knowing and understanding our finances
  • Quote of the lesson from Charles Kettering

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