KPC Smart Money Podcast

Are you looking for fun things to do with your children or grandchildren that are budget friendly?  This week we share no and low cost indoor activities, outdoor activities and educational and community activities. Key takeaways: Use resources like Pinterest to help you with ideas Look at options near where you live Join groups that can help with planning fun outings Fun doesn't have to cost a lot...

Teaching children to make and save money can start as young as kindergarten and should be a skill that is learned long before they leave the nest.  Today Kevin and I will talk about some fun ideas for children to make some money over the summer.  And what important skills they will learn. Key takeaways: K - 3rd grade - Lemonade Stands & Chores 4th-7th grade - Babysitting, Mother's Helper or Pe...

Financial rainy days will come, are you prepared?  Today we talk about how and why you want to have a rainy day, or emergency fund.  We believe everyone should have one.   Key takeaways: Unexpected expenses like repairs, medical and other bills Avoid debt, use savings Job or Income disruption Financial security & freedom

Being a Mom is the most important "job" in life.  It is the most fulfilling, and sometimes heart wrenching, thing you will ever do.  Moms makes tough decisions and choice all the time.  Today we want to celebrate all Mother's and thank you with all our heart. Key takeaways: Moms have many varied roles and responsibilities Stay at home and working Moms Mom's are learning as they go and yet teaching...

You are getting married and your life is going to change in many ways.  An often-overlooked topic however is finances, yet it is one of the top reasons for marital stress. Here are our thoughts on what to discuss and plan for when you are getting married. Key Takeaways: Wedding budgets & expectations The wedding is just the first day of the rest of your life Common or Community property state...

You are getting married and your life is going to change in many ways.  An often-overlooked topic however is finances, yet it is one of the top reasons for marital stress. Here are our thoughts on what to discuss and plan for when you are getting married. Key Takeaways: Do you know your partner's income, debt, spending habits and credit score? Do you plan on merging finances or keeping them separa...

Generating income from dividends isn't just for retired people.  It is a great strategy to have in your investment portfolio.  But what companies should you invest in and how to you set up a diversified dividend portfolio? We will answer these questions as well as talk about the taxation of dividends versus interest on this week's show. Key Takeaways: Reinvest the dividends or take as income High...

Generating income from dividends isn't just for retired people.  It is a great strategy to have in your investment portfolio.  But what companies should you invest in and how to you set up a diversified dividend portfolio? We will answer these questions as well as talk about the taxation of dividends versus interest on this week's show. Takeaways: What are dividends? How to Build a dividend paying...

In this 2 part series we talk about some of the important financial decisions when becoming new parents.  There is so much that will change as you prepare and learn about parenthood and the financial aspects can be ignored or dropped.  Listen in today to find out what financial steps are important no this new journey in your life. Takeaways: Tax Breaks for Parents Update Tax Withholdings Start sav...

In this 2 part series we talk about some of the important financial decisions when becoming new parents.  There is so much that will change as you prepare and learn about parenthood and the financial aspects can be ignored or dropped.  Listen in today to find out what financial steps are important no this new journey in your life. Takeaways: Employer and State options for income while on maternity...

Have you heard the saying "If you have a million dollars saved in retirement, and just withdraw 4% you can retire"?  Today we talk about how that doesn't always work.  The key to retirement is spending.  And you want to have enough to cover not just your retirement budget but also your fun stuff, health care, taxes, lifestyle, and downturns in the stock market.  So, what do you really need? Call u...

Have you ever overspent at Christmas and had big credit card bills in January?  That can take some of the fun out of gift giving at Christmas and can hurt your financial plans.  Here are some ideas to keep Christmas spending down. Key takeaways: Secret Santa - one gift per adult Kids don't need lots of expensive toys Love is about your time & affection, not gifts Write "You are Special because...

We all have family Christmas Traditions, and they change over time and as we and our children build traditions of their own.  This week we share some of our family traditions.  Enjoy! Key takeaways: Our Christmas Meals - then and now Family Gift Giving Christmas decorations Family Gatherings

As the economy is experiencing inflation and recession and the stock market is volatile, people are asking about whether adding gold and silver to their investments is a good idea.  You need to watch out for certain things when buying gold and silver.  And determining whether it is a good idea for you. Key Takeaways: Do you due diligence on who is selling gold/silver products Watch out for fear ta...

Many people are wondering what can I do financially to survive the current inflation.  Today we are going to talk about causes of inflation and how to protect your savings.  This is an important conversation that effects all of us. Key Takeaways: What causes inflation Demand pull, cost push and money supply Reduce or delay discretionary & large purchases Some tips for making additional money

Are you talking about money with your children or grandchildren?  Unfortunately, many parents are not talking about money with their children, and just leaving it up to them to figure out how to be financially responsible adults someday.  Today we talk about 7 ways to start a money conversation so you can share your wisdom on what and what not to do. Key takeaways: Saving money & delaying purc...

Just like you might spring clean your home, you can clean your financial house.  This week we will give you tips on how to reduce your financial clutter. Just like spring cleaning, these are good habits to develop on a regular basis. Key takeaways: Purge the Paper and Get Digital Backup Consolidate Accounts Automate Savings Check your Financial Goals Will You Have Enough Income in Retirement? http...

Are you worried about a major recession?  Worrying won't help, and isn't good for you.  The economy is cyclical and will experience times of recession.  Listen this week to find out how to avoid anxiety. Key takeaways: Don't Buy into the Headlines Resist Impulsive Actions Make Time to Relax Expand Your Outlook Investing Basics - Use AE Creative "Understanding Market Corrections (Dually licensed ve...

In this two-part series we will give some ideas on how to be happy in retirement, assuming you have already handled the financial aspects.  What are you going to do with the extra 2,000 hours per year you will have?  Often people don't plan for what they will do with this new found time but it is important to your well being.  Here are some ideas: Key Takeaways: Develop a grateful spirit Learn som...

In this two-part series we will give some ideas on how to be happy in retirement, assuming you have already handled the financial aspects.  What are you going to do with the extra 2,000 hours per year you will have?  Often people don't plan for what they will do with this new found time but it is important to your well being.  Here are some ideas: Key Takeaways: To enjoy wealth you need good healt...

Kids and Grandkids will be out of school for the summer soon.  On this podcast we will talk about the fun things we did as children, and offer some ideas to make summer break fun.  And create lasting memories for the school aged children in your life. Key takeaways: Outdoor Ideas Indoor Ideas Educational Ideas Acts of Kindness

Pets are an important part of many families.  Our "furry babies" can get injured and sick, and the vet costs can be very expensive.  So, should you buy Pet Insurance? Key takeaways: Injuries to dogs or cats can cost $1,000s 84% of pet insurance issued by 4 carriers Plan can have deductibles & reimbursement percentages Other ways to save on Pet Care

Do you know the difference between final expense life insurance and pre planned funeral packages?  The cost of funerals increases between 5-7% per year.  Since you already know that you will need a funeral at some time in the your life, why not plan ahead and save your loved ones the difficult decisions and financial burdens of your funeral? Key takeaways: Final Expense life insurance is a small d...

On the next 2 weeks of podcasts, we will share our experiences with short term missions.  We hope you enjoy our insights on the people, their living conditions, and how to make a positive impact in their lives. This week we will talk about Ecuador. Key takeaways: What we enjoy about Ecuadorians Geographical & Economic highlights of Quito Medical Tents bring blood pressure & sugar readings,...

On the next 2 weeks of podcasts, we will share our experiences with short term missions.  We hope you enjoy our insights on the people, their living conditions, and how to make a positive impact in their lives. This week we will talk about Cuba. Key takeaways: What does socialism really look like Poverty in Cuba vs poverty in the US Money manipulation in Cuba Many Cubans have never seen an America...