エピソード

  • Prepaying a Mortgage - Is it right for you?

    Prepaying a Mortgage - Is it right for you?
    2024/11/01
    As part of your research and making a plan, you might be considering buying a house or already have bought one. So, should you make prepayments? This example goes through a mortgage example and what happens when you make prepayments.
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    20 分
  • Paycheck Timing Example

    Paycheck Timing Example
    2024/10/31
    Here, you see how paycheck timing can really pinch your disposable income. However, if you can keep your expenses under the paycheck amounts you receive on an every two-week paycheck cycle, then you can have two extra paychecks every year to invest. Do your homework to find out what kind of schedule you are on for pay - especially if you are on a salary.

    What is your paycheck cycle?
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    4 分
  • Use Timing to find Money to Invest and Save

    Use Timing to find Money to Invest and Save
    2024/10/31
    Do you feel like you run out of money in a month? Do you find it hard to save money? Use this strategy for analyzing your income and expenses to see if it is a timing problem.

    Our paychecks and our expenses do not sometimes line up well, so take a few minutes to see if timing is making you feel like you have no money to save.
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    9 分
  • 4 Paths for Wealth Building

    4 Paths for Wealth Building
    2024/10/30
    An author I ran across a few years ago, described 4 paths for wealth creation. Tom Corley can be found on Amazon and you can find articles about him online. You can follow one of these paths to success or follow all four of them. I, personally, have used them all in my own money management and financial planning. In future episodes, these paths will be discussed in greater detail, but this episode gives you an idea of how you can build wealth through multiple pathways. The key is to give yourself the gift of time to make it happen!
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    16 分
  • What is Diversification?

    What is Diversification?
    2024/10/30
    What is diversification? It is all about spreading your risk. We never get rid of risk altogether, but there are ways to think about this in money management that make sense for you. An example of diversification will be discussed in depth on how mutual funds can smooth out risk and you will hear about how you can start to learn this through your own research!
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    18 分
  • Be Wise: Mastering Risk Management Through Learning and Diversification

    Be Wise: Mastering Risk Management Through Learning and Diversification
    2024/10/25
    Intuitively, you know money management can have risks. Many experts will explain that diversification is a way of mitigating risk. While that is true, the best tool is always to learn, whether winning or losing. But before you get to the results, do your homework on any investment.

    In all my years of investing and managing my portfolio, I would read about an investment until I felt comfortable, or I would trade virtually until I felt comfortable. I felt more confident in my choices once I entered the arena with a real investment.

    You will learn about how time helps you manage risk as well. Since risk is a relative term, you will gain insight that over time, as you learn and experience the world of finances, you will get a sense of what works for you and your circumstances.
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    27 分
  • Lifelong L-Earning Welcome!

    Lifelong L-Earning Welcome!
    2024/10/23
    Are you looking to learn more about investing and money management? This is an excellent source of information for a person just starting to learn about financial matters!

    The podcast asks you to learn ina proactive and safe way, so start listening today!
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    8 分