Episodes

  • E225: A Guide to Designating a Transfer-on-Death Beneficiary for Your Vehicle

    E225: A Guide to Designating a Transfer-on-Death Beneficiary for Your Vehicle
    Jun 12 2024
    Assigning a beneficiary to your vehicle can be a simple and effective way to ensure that your car, truck, or motorcycle is transferred to the person of your choice upon your death. This process, known as designating a transfer-on-death (TOD) beneficiary, can save your loved ones time, money, and the hassle of going through probate.
    Show More Show Less
    11 mins
  • E224: Unlocking Financial Stability – Mastering the Personal Finance Metrics that Matter Most

    E224: Unlocking Financial Stability – Mastering the Personal Finance Metrics that Matter Most
    Jun 5 2024
    If you focus on these metrics and improve them over time, you will have a foundation of financial stability that will unlock potential in many other areas of your life.
    Show More Show Less
    11 mins
  • E223: Choosing the Right Retirement Plan – Solo 401(k) vs. SEP IRA

    E223: Choosing the Right Retirement Plan – Solo 401(k) vs. SEP IRA
    May 22 2024
    SEP IRAs and Solo 401(k) both offer tax benefits and generous contribution limits. But they also have unique features that are different.
    Show More Show Less
    8 mins
  • E222: The Impact of Money Scripts on Your Financial Decisions

    E222: The Impact of Money Scripts on Your Financial Decisions
    May 15 2024
    Our behavior related to money is driven by many factors. One factor can be our unconscious beliefs about money. These beliefs are called "money scripts," and they can significantly influence our habits and results with money.
    Show More Show Less
    11 mins
  • E221: How Debt Can Sabotage Your Financial Future – Understanding the Negative Effects of Debt

    E221: How Debt Can Sabotage Your Financial Future – Understanding the Negative Effects of Debt
    May 8 2024
    Debt is not always bad, but it's often overused. Avoiding debt as much as possible is one of the best ways to avoid financial stress and make faster progress toward your financial goals.
    Show More Show Less
    13 mins
  • E220: Can I Withdraw From My IRA for a Down Payment on a Home?

    E220: Can I Withdraw From My IRA for a Down Payment on a Home?
    May 1 2024
    Are you dreaming of buying a new home but struggling to come up with enough money for a down payment? If you have an IRA, you might be tempted to dip into it to fund your dream. But can you actually withdraw money from your IRA for a down payment on a home?
    Show More Show Less
    11 mins
  • E219: Understanding 401(k) Loans – How They Work and When to Consider One

    E219: Understanding 401(k) Loans – How They Work and When to Consider One
    Apr 24 2024
    If you've ever wondered whether you can borrow from your 401(k), the answer is likely yes, but it comes with a host of considerations. Before you consider borrowing from your 401(k), you need to understand the mechanics of 401(k) loans, the potential downsides, and the risks involved.
    Show More Show Less
    9 mins
  • E218: What Home Improvements Increase Cost Basis (And Why You Should Care)

    E218: What Home Improvements Increase Cost Basis (And Why You Should Care)
    Apr 17 2024
    By maintaining detailed records of all home improvements, you can maximize your chances of increasing your adjusted costs basis as much as possible when selling your home, which can minimize the capital gains taxes you might pay.
    Show More Show Less
    11 mins