Tag: Financial Planning

Do you have a retirement plan at work? Speaking here about a 401k, 403b, or a 457 plan for governmental and certain nongovernmental employers. If so, you’ve got an opportunity to do some real saving here! What about Roth or traditional IRAs? Where do those come in? After all, those are types of personal retirement savings plans, and with a finite amount of money to put away each month, you might be confused about where your funds may be the most effective.

CAPitalize Your “Gap” Money – Season 2: Episode 12

If you have money left over after your expenses are taken care of, what should you do with it? This is what we call “gap” money, and where that money ultimately goes may be crucial to your financial success. Before you go off and spend your extra cash on riotous living, you need to ask yourself several (or dozens) of questions first. What are your options at this point?

CAPitalize Your Cash Flow – Season 2: Episode 11

I read a few surveys that I found to be rather astonishing. It seems that nearly 70 percent of Americans have no household budget, and that 45 percent have absolutely nothing saved for retirement! What’s also interesting (and pleasantly surprising) is that the average American also seems to have a rather large amount of free cash flow each month. Whether you have a lot or a little doesn’t necessarily matter; what matters is what you do with it. In this week’s episode, I talk about what it means to CAPitalize your cash flow and how you may be able to CAPitalize your future without sacrificing your enjoyment of the present. Tune in and find out more!

CAPitalize Tomorrow’s Finances – Season 2: Episode 10

One of the more exciting aspects of financial planning is setting yourself up for the future. While making and sticking to monthly budgets may be a bit boring (although necessary), learning to invest your money for the future, and knowing there is potential for it to grow (maybe a LOT!), can make things really interesting and exciting. Today’s podcast talks about how you can CAPitalize tomorrow’s finances, and, with luck, set yourself up for a comfortable and fulfilling retirement. Today we start the journey toward tomorrow! Have a listen and find out what the next steps will be!

CAPitalize Your Debt Rate -Season 2: Episode 9

On the last episode, I talked about the differences between “good” and “bad” debt. And yes, there are differences: major ones! To follow up on that, this week’s podcast is devoted to CAPitalizing your debt RATE. This is because there’s a big difference between what you owe, and how much interest you have to pay on what you owe. Finance is all about the little things, and this is why we strategize and plan together.

CAPitalize Good and Bad Debt – Season 2: Episode 8

For those who are accustomed to hearing that all debt is bad, when they’re told that there is actually such a thing as “good debt,” they’re often more than a little skeptical. This can be a hard concept for many people to understand. Believe it or not, there are strategic ways to utilize debt to your potential advantage. The key is to understand which debts are good, and which ones are bad. Knowing the difference between the two can make a big difference in your financial life.

CAPitalize Your Debt – Season 2: Episode 7

For those who owe a lot of money to creditors, debt can seem like a really bad thing. And the bigger the debt, the worse the situation. And for those on the other side of the spectrum, those who are essentially debt-free, life can certainly seem a lot easier, at least financially speaking. There’s no shortage of financial pundits who tell you how much better your life will be if you eliminate all of your debts. But is this really sound advice? Perhaps not. There may be some instances where debt can actually work in your favor.

CAPitalize Your Savings – Season 2: Episode 6

People sometimes wonder if “Cash is King,” or if “Cash is Trash.” What if the answer is neither…or both? Something as simple as how much you need to have in savings truly depends on your individual situation — and the variables are endless. Do you work for the government and have a steady income? Are you an owner of a company where your income fluctuates? Are you a dentist and perhaps struggle to understand how much cash to have in your personal savings and business account? On today’s episode, I talk about how to be prudent with your savings (and where to store it)!

CAPitalize Your Expenses – Season 2: Episode 5

An often-overlooked aspect of personal finance is how much you spend each month — yet getting a grasp on it is “mission critical.” For many people, talking about spending and expenses is embarrassing, overwhelming, and sometimes downright despicable. My question is this: why does it have to be that way? Wouldn’t it be great if you could have someone to listen to, who can calmly and systematically break down “Expenses 101” so you could walk away and feel confident about everything there is to know regarding your spending habits and needs? Well, guess what: you’ve come to the right place!

CAPitalizing Your Cash – Season 2: Episode 4

Cash: is it good or is it bad? Here’s a better question: How much is too much? Believe it or not, there is such thing as having too much cash! On today’s Episode, “CAPitalizing Your Cash,” I take you through the good, bad and ugly in regards to this often-misunderstood asset. Cash is both valuable and useless — so understanding the BALANCE is key. Tune in, and prepare to view cash in a totally different way!

CAPitalize Today Before You CAPitalize Tomorrow – Season 2: Episode 3

Whether putting their money in thrilling investments like stocks, real estate, private equity or other risky assets, people tend to get caught up on the excitement of TOMORROW. The problem, though, is this: what if you’re not ready for TODAY? In this episode, “CAPitalize Today before you CAPitalize Tomorrow,” I will talk about the tools you need — things to do today — that will work toward giving you a solid foundation before you get into the framework of future opportunities. Tune in and find out more!

What is Your Purpose? -Season 2: Episode 2

In the previous episode of my podcast, I told you about my personal experiences and how I got to where I am today. As we continue our journey toward becoming CAPitalizers, one vital question to ask yourself is this: what is your purpose? It’s a bigger — and broader — question than it may seem. You may want to have a financial purpose, and that’s great. But if you just dig a little bit and think more deeply, you’ll discover that your purpose is actually everything.