financial decisions

1. **Dating within Tax Brackets:** "Promotes financial compatibility and understanding, potentially reducing conflict over money matters in relationships."

2. **Taking One for the Team:** "Sacrificing personal interest or comfort for the group's benefit, often enhancing team unity and achieving common goals."

3. **Splitting Lottery Winnings with Significant Other:** "Sharing lottery winnings fosters trust and partnership, acknowledging the role of mutual support in success."

Takeaways

• The four L's of retirement (longevity, lifestyle, liquidity, and legacy) are important considerations in retirement planning.
• Social Security is a significant financial asset for most retirees and should be carefully considered in retirement planning.
• The decision of when to start taking Social Security benefits can have a significant impact on retirement finances, and delaying benefits until age 70 can result in higher lifetime benefits.
• Retirees should consider factors such as Medicare, retirement income styles, location, and long-term care, tax planning, and estate planning in their retirement planning.
• Retirement planning can be complex, and individuals should seek professional advice to navigate the various aspects of retirement planning. Consider the complexities of spousal benefits, survivor benefits, and Medicare when planning for retirement.
• Annuities can play an important role in providing a stable source of reliable income in retirement.
• Plan for a longer retirement and consider the potential impact of longevity on your financial situation.
• Finding purpose and passion in retirement is crucial for a fulfilling and satisfying post-work life.
• Transitioning into retirement can be challenging, and it's important to invest in relationships and social engagement.
• Understand the windfall elimination provision and explore strategies to maximize Social Security benefits.
• Pay off mortgages before retirement to reduce financial risk and consider long-term care options.
• The four L's of retirement planning - longevity, lifestyle, liquidity, and legacy - should guide your decision-making process.

Watch the entire episode on YouTube: https://youtu.be/QcjWy_1I52w

Join us for a deep dive into the world of refinancing with our expert guest Kristian. Discover the ins and outs of refinancing, including crucial insights into potential pitfalls and overlooked details that others might not disclose. Whether you're considering a refinance or already in the process, this episode offers indispensable knowledge to help you maximize the benefits and avoid common traps. Kristian also sheds light on the concept of Family Guarantors, a valuable strategy for assisting your children in entering the property market. Tune in to gain a comprehensive understanding of refinancing and empower yourself with the information needed to make informed financial decisions.

Produced by The Podcast Boss
#RefinancingMastery, #FamilyGuarantors, #PropertyMarketEntry, #KristianExpertise, #FinancialDecisions, #MaximizingBenefits, #AvoidingTraps, #RefinancingProcess, #PropertyMarket

So you want to crack the code to entrepreneurial success?

It’s not enough to hustle hard or have a great vision. You need real strategies, the proper mindset, and key foundational principles to build a legacy, not just a business.

In this episode of "The Few with Boo," we break down the insider secrets of what it takes to be a highly successful entrepreneur with host Boo and his guest Chaz Wolfe. Chaz is a high-performing serial entrepreneur and host of Gathering the Kings Podcast.

Get ready to learn Chaz’s refreshing take on business failures, his advice for thriving amidst any adversity, the three crucial stages every entrepreneur goes through, and his framework for dominating as an elite player.

Whether you're just getting started on your entrepreneurial journey or you've been at it for a minute, this episode drops the cheat codes you need to take your business to the next level.

Key Lessons:

1. Clarify Your Purpose: Take the time to clearly define your purpose, encompassing both your family and business goals. This clarity can help guide your decisions and actions, aligning them with your overall vision.

2. Embrace Self-Awareness and Reflection: Incorporate daily, weekly, and monthly reflection to gain a deeper understanding of your actions, decisions, and failures. Having this self-awareness can help you identify areas for improvement and develop a more intentional approach to your journey.

3. Join a Supportive Peer Group: Seek out a peer group that can challenge, inspire, and support your personal and professional growth. Building a strong network of individuals who can elevate your journey can accelerate your success and provide valuable perspectives.

4. Invest in Intentional Growth: Intentionally invest in the growth of your marriage and familial relationships. Align your personal identity as a builder with the purpose of nurturing and developing your family, finding fulfilment in their growth and success.

5. Control the Controllables: Focus your energy on what you can control, whether it's in your business, personal life, or financial decisions. By making strategic moves and maintaining an optimistic mindset, you can navigate uncertainties and work towards overall success.

Learn More: 
Visit The Few With Boo website to find additional resources, related episodes, and more valuable content from Chaz Wolfe. https://www.fewpodcast.com

Connect with Chaz Wolfe: 
Website - https://www.chazwolfe.com/
LinkedIn - https://www.linkedin.com/in/chaz-wolfe-86767054/
YouTube - https://www.youtube.com/@chazwolfe
Gathering the Kings Podcast:  https://podcasts.apple.com/us/podcast/gathering-the-kings/id1606811423

It's crucial to recognize when you need the right expertise and equipment to achieve amazing outcomes.

In this episode, Jordan West and Wayne Richard, COO of Bean Ninjas, shared their insights into the world of entrepreneurship and finance. They discussed everything from managing cash flow effectively to the tactical aspects of long-term investments. 

Listen and learn in this episode!

Key takeaways from this episode:

• Importance of solving a problem that concerns customers and understanding the impact of financial decisions on the business.
• Bookkeeping and accounting play a significant role in helping founders make prudent decisions based on current financial data.
• Understanding contribution margin and its importance in marketing and scaling.
• Impact of high-interest loans on brands and advice on debt management.
• Strategies for brands struggling with high repayment rates and suggestions for seeking alternative financial solutions.

Recommended App/Tool:

Quickbooks: https://quickbooks.intuit.com/

Xero: https://www.xero.com/

Paypal: https://www.paypal.com/

A2X: https://www.a2xaccounting.com/

James Clear Newsletter: https://jamesclear.com/3-2-1

Recommended Book:

Atomic Habits: https://jamesclear.com/atomic-habits

Psychology of Money: https://www.audible.com/pd/The-Psychology-of-Money-Audiobook/B08D9TXF3H

Today’s Guest:

Wayne Richard, COO of  Bean Ninjas is a former corporate climber with experience working in financial planning and analysis for Hewlett Packard. He led teams focused on forward looking projection models and comparative analysis. He's helping founders understand the basics of financial planning and how their decisions were impacting their businesses.

Connect and learn more about Wayne and Bean Ninjas:

Website: https://beanninjas.com/

LinkedIn: https://www.linkedin.com/in/waynedrichard/

This episode’s sponsor is Finale Inventory- the ultimate solution for accurate and efficient inventory management. Trusted by thousands of brands, Finale offers seamless integrations with over 80 sales channels and platforms.

With customizable workflows and reporting features, Finale empowers you to streamline operations and scale your business with ease, preventing overselling and maximizing profitability.

Whether you're juggling multiple platforms, expanding your product range or just looking for a way to reduce operational chaos, Finale has the tools you need to succeed. Step into the future of e-commerce with Finale Inventory.

Learn more here: Finale Inventory

Today's episode delves into the impact on my financial journey of both light-hearted and serious behaviors. By learning from these experiences, you can stay one step ahead of me and avoid these mistakes.

Referral Codes

Be sure to check out this Google Doc which has a whole host of referral codes.

 https://docs.google.com/document/d/1UeZ9Lq6Tid8uFp2GqzjQEv9riNgTEsdnu4_sGp3O_mM/edit?usp=sharing

Communication Training

Feel free to reach out for more information. Individual sessions start at just £80, with discounts available for group lessons. If you are unable to afford the sessions, please email to join the scholarship waiting list.

contactcommunication60@gmail.com

Modern Wisdom Podcast

Interview with Konstantin Kisin.
https://www.youtube.com/watch?v=OqoHt2pUjaE

This week on Acta Non Verba Ryan discusses his journey from being homeless to building a multimillion-dollar demolition company. Listen in as we explore the importance of creating systems and structures in business, work-life balance, the significance of near-death experiences, hiring and building a strong team, and prioritizing freedom and a stress-free lifestyle. Ryan shares his personal experiences, insights, and advice, emphasizing the importance of resilience, adaptability, and taking action in overcoming challenges and achieving success.

Ryan Crownholm is a serial founder & entrepreneur, mentor, investor, and U.S. Army veteran. He is the president and founder of Crown Capital Adventures Inc., Dirtmatch.com, and Mysiteplan.com. With grassroots in construction, he has an exceptional track record of developing business models that deliver immediate and sustainable returns. Crownholm is now an accomplished serial entrepreneur, having launched over 5 successful businesses and sold over half, who mentors a variety of individuals, including entrepreneurs, CEOs, veterans, and both currently and formerly incarcerated individuals. He was an early adopter of blockchain technology and has been an advisor to several Crypto and NFT projects and companies. His mission is to practice insubordinate entrepreneurship and to change the current landscape for small to medium-sized business owners and entrepreneurs.

You can learn more about Ryan at https://www.ryancrownholm.com/.

Learn more about the gift of Adversity and my mission to help my fellow humans create a better world by heading to www.marcusaureliusanderson.com. There you can take action by joining my ANV inner circle to get exclusive content and information.

See omnystudio.com/listener for privacy information.

In this eye-opening episode of Mindset Meets Money, we're delving deep into the world of investing to uncover the hidden influence of familiarity bias. Join us as we navigate the intricate web of cognitive biases that affect our financial decisions and explore how this particular bias can significantly impact your investment portfolio.

Familiarity bias, as the name suggests, is the tendency to favor what we know and are comfortable with when making investment choices. From investing in companies from your hometown to putting your money into industries you're familiar with, this bias can lead to both opportunities and pitfalls in the world of finance.

Our expert Co-Hosts, Jeremy Straub & Jason Heller , seasoned investors and cognitive bias researchers, share invaluable insights into how familiarity bias can cloud judgment and hinder portfolio diversification. We'll also discuss real-world examples of investors who have fallen victim to this bias and those who have successfully navigated it to their advantage.

Throughout the episode, we'll explore strategies to recognize and mitigate familiarity bias in your investment decisions. Whether you're a seasoned investor or just starting your journey, these practical tips will help you make more informed and rational choices for your financial future.

Tune in to this episode of Mindset Meets Money to learn how to break free from the shackles of familiarity bias and pave the way for a more diverse and resilient investment portfolio. Don't let cognitive biases hold you back—empower yourself with knowledge and make smarter investment decisions.

Keywords: Familiarity Bias, Investing, Investment Strategies, Cognitive Biases, Portfolio Diversification, Financial Decisions, Investor Insights, Recognizing Bias, Mitigating Bias, Investment Portfolio, Finance, Mindset Meets Money, Jeremy Straub, Jason Heller

As Back To School Season is among us, tune in to see why helping your children pay off their student loans may not be the best financial decision. Here are five things to consider presented by Laurence Hale, AAMS®, CRPS®.  🎓

- Subscribe to the You and Your Money podcast
- Follow us on Facebook, Instagram, LinkedIn and YouTube
- See how we can help you create a tailored strategy to help you Plan Well, Invest Well and Live Well: whzwealth.com

In this episode, I reflect on a novel mindset towards money, seeing it not as mine but as God's. Through personal anecdotes, I explore how this perspective impacts my decision-making, shapes my approach to business, and even influences my personal growth.

Show Notes:

• Introduction: A fresh perspective on money and God
• Battling distractions while recording and intro to today's topic
• A tale of letting go control over finances
• Case Study: How a business coach led to successful outcomes
• Applying "What if money wasn't an issue?" to personal experiences
• The moment of revelation: It's God's money
• Funny incidents that tested this newfound perspective
• A thought-provoking conclusion and an invitation for self-reflection

Guest Speak On 50 Podcasts In 100 Days!  Join The Influence Army Waitlist HERE!

Join My Newsletter Here!

Email me: contact@belove.media

For social Media:      

FaceBook - https://www.facebook.com/MrMischa

LinkedIn - https://www.linkedin.com/in/mischaz/

Subscribe and share with your business associates who could use a listen!

Want to start an easy to follow system to reduce your debt, or get out starting today? In this episode, host Josh Nelson provides the three pieces necessary to accomplish your goal of debt reduction, or elimination. Plus, get practical examples based on his own personal experiences and those of some of his clients. Ready? Set. Listen!
(This episode was originally posted August 2, 2022 as "Three Easy To Follow Decisions To Get You Out Of Debt Starting Today")
Contact Josh Nelson with your money questions, topic suggestions and/or comments about the podcast.   https://keystonefinancial.com

Instagram: https://www.instagram.com/keystonefin/
Twitter: https://twitter.com/Keystone_Fin?advisorid=33004651
Contact Josh Nelson: https://www.keystonefinancial.com
Contact Jeremy Busch: https//www.keystonefinancial.com
Podcast Editing: Tim Leaman/info.primegen@gmail.com
https://www.keystonefinancial.com/team/macy-chapman

At what point can you consider yourself “wealthy enough?” Discover the answer to this question when you tune in to this episode. Be inspired to generate genuine happiness outside the concept of material wealth, live in the moment, and choose to be happy every single day!

Key takeaways to listen for

• Eye-opening realizations about abundance and joy from The Good Life
• Significance of making the most of your time with your family
• The power of doing the right financial choices
• Self-care tips every entrepreneur needs to know
• How generosity and service to others generate fulfillment 
• Where to focus your time and resources to create lifelong memories

Resources mentioned in this episode

• The Good Life by Robert J. Waldinger and Marc Schulz Ph.D. | Kindle and Hardcover 
• Income Statement
• Balance Sheet

Connect with Us
To learn more about growing your wealth through multifamily investment opportunities, visit Monument Real Estate Capital and schedule a call!

Follow our social media pages!
Facebook: Monument Real Estate Capital
LinkedIn: Monument Real Estate Capital

Managing finances on our own is easier due to no one else needing to be involved in our decision-making process. When there is another person's opinion that we respect along with trying to build a future with them, making financial decisions can be more complicated. We all have different priorities in our lives and sometimes we want to spend money on what is important to us individually. It's easy to get into conflict with our spouse on what we can or cannot do. CJ Burnett, one of the founders of Florida Veterinary Advisors, talks about his personal experience along with ways to get your spouse on board with tracking spending to create harmony within your finances.

Download the Spousal Ledger here: https://static.twentyoverten.com/5936dfb01003564bce9f2cf2/R1BRqYwGBn/Budget_Ledger_for_Spouse_FVA.docx

Watch the no cost 5 part video course to review your finances and see where you could be doing better in your finances.
5 Foundational Steps to Financial Balance Video Course

Find out what you could be overlooking within your practice by taking our brief assessment
Test My Personal Financial IQ

Sign up for a complimentary phone call to talk about how to get better use of all the cash inside your practice.
Schedule a time

Check out our social media channels
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Do you know when to start looking to hire a financial team?  

The easy answer is:

“As soon as you are making financial decisions, and as soon as you have done the research to know who to hire.”

Easy enough right, but unfortunately most people have boiled down financial decisions into choosing investments.  It is not uncommon to think that financial advice is only about investments and that you should wait until after you have money to hire a financial team.  Unfortunately, this is the wrong approach to take.  By taking this approach you will cost yourself both money and opportunities that you will not be able to get back.

Every situation is different and comes with its own set of unique variables.  You want to plan and not be reactive.  Being reactive leads to quick emotional decisions that often end up being wrong.  Some topics that are financial advice that you need to understand well in advance of the MLB Draft include:

• Residency Planning
• Tax Planning
• Understanding MLB Draft contract language and its effects on taxes
• MLB Draft Signing Bonus structure
• Name Image & Likeness (NIL)
• Business Formation
• Insurance & Liability
• Financial Education

With the entrance of NIL into the amateur landscape, financial advice is now oftentimes needed at an earlier time than ever before.  While you might not need to hire a firm immediately, you should be proactive in educating yourself about who the experts are that understand your unique situation and can help prepare to make decisions to maximize the opportunities available.

If you have any questions about your situation, please feel free to text or call our advisors for answers to your questions or for a free consultation.

Will McGuffey: (225) 326-0992

Travis Chick: (903) 714-7951

Josh McAlister: (505) 239-5488

In this episode, Jeff will be discussing why real estate can be a more profitable and stable investment than stocks. He will be focusing on three key reasons: leverage of money, access to cash, and tax benefits including depreciation.

First, Jeff will discuss the leverage of money in real estate. By using leverage, or borrowing money to purchase property, investors can increase their returns on investment. Jeff will compare the amount of investment returns you get on $50,000 in the stock market versus $50,000 on a $500,000 property, highlighting the potential for much higher returns in real estate through the use of leverage.

Next, Jeff will talk about how real estate can provide access to cash. Unlike stocks which can be difficult to liquidate quickly, real estate can provide cash flow through rental income and the ability to borrow against the equity of the property. This can provide more flexibility and financial stability for the investor.

Lastly, Jeff will delve into the tax benefits of real estate investment. Real estate investors can take advantage of tax deductions including depreciation, mortgage interest, and property expenses. This can significantly reduce the amount of taxes an investor has to pay and increase their overall returns.

While it's important to keep in mind that, like any other investment, real estate also has its own set of risks and challenges, Jeff will be providing tips and strategies on how to minimize these risks and maximize returns.

So if you're considering investing in real estate or just curious about how it compares to stocks, tune in to this episode of "3 Reasons Why Real Estate is a Better Investment than Stocks" with Jeff Smith and learn about the benefits of investing in real estate, including the leverage of money.

Please note that this podcast episode is for informational purposes only and should not be considered as financial advice. Before making any financial decisions, it is important to consult with a financial advisor or certified public accountant (CPA) who can advise you on your specific financial situation. The host of this podcast and any guests do not assume any liability for any loss or damage resulting from the use of the information provided. Always do your own research and seek professional advice before making any investment decisions.

Important Links & Info:
Follow Jeff:
Instagram: https://www.instagram.com/jeffsmithaz/
Facebook: https://www.facebook.com/profile.php?id=100002927397116
LinkedIn: https://www.linkedin.com/in/jeff-smith-40627016/

Jeff Smith - Tiger Home Loans
📲 480.909.4000
📩 jeff@tigerhomeloans.com
🔗 www.tigerhomeloans.com
Equal Housing Opportunity
Tiger Home Loans NMLS:  2425582 NMLS:  413643

Important Links & Info:
Follow Jeff:
Instagram: https://www.instagram.com/jeffsmithaz/
Facebook: https://www.facebook.com/profile.php?id=100002927397116
LinkedIn: https://www.linkedin.com/in/jeff-smith-40627016/

Jeff Smith - Tiger Home Loans
📲 480.909.4000
📩 jeff@tigerhomeloans.com
🔗 www.tigerhomeloans.com
Equal Housing Opportunity
Tiger Home Loans NMLS: 2425582 NMLS: 413643

In this episode of Big Picture in Practice, Julie Willoughby and Syl Flood discuss the role of behavioral finance as a science in managing wealth client relationships. Joining them are guests Sarah Newcomb, Director of Financial Psychology for Morningstar, and Stan Treger, a behavioral insights advisor with Northern Trust.

Mergers and Acquisitions (M&A) are business transactions which involve the consolidation of organizations or the combination of their assets into one. Through this process a company may purchase another company outright, merge with it to form a new entity, acquire a portion or all of its assets, engage in a hostile takeover, or make a bid to purchase some or all of a corporation's outstanding stock. LBOs, or leveraged buyouts, are also a part of a mergers and acquisitions strategy. This form of acquisition, if done right, can generate spectacular returns, help turn around companies, and drive greater value across a variety of stakeholders. Join me for this episode where I outline how M&A works and deepen your knowledge on the buy-side and sell-side of business transactions.

Helpful links:

• Join the Strategic Financial Mastery program
• Join Our Free Community
• Train your team with an on-site workshop

Disclaimer:
BYFIQ, LLC is a wholly owned entity of Coltivar Group, LLC. The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quoted and are not the views of Coltivar or its affiliates. Certain information contained in here has been obtained from third-party sources. While taken from sources believed to be reliable, Coltivar has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation.

This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendations. The Company is not affiliated with, nor does it receive compensation from, any specific security. Please see https://www.byfiq.com/terms-and-privacy-policy for additional important information.

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