KPC Smart Money Podcast

When the stock market feels more like a roller coaster ride than smooth sailing, most investors become nervous.  This can lead to emotional decisions and trying to time the stock market.  In the two-part podcast we will look at history and statistics to help you stay the course. Key takeaways: Timing the market doesn't work Time in the market does Learn from the past

When the stock market feels more like a roller coaster ride than smooth sailing, most investors become nervous.  This can lead to emotional decisions and trying to time the stock market.  In the two-part podcast we will look at history and statistics to help you stay the course. Key takeaways: Look at history to help make decisions now We have always come through downturns Volatility is not new Ho...

We all encounter situations where we wish we had more patience.  Patience is a virtue in all avenues of life.  Patience needs to be cultivated and practiced.  In this two-part series we are going to talk about ways to increase your patience. Key Takeaways: What triggers you? Practice contemplating how to handle touch situations a head of time Find healthy ways to reduce stress Gratitude!!  

We all encounter situations where we wish we had more patience.  Patience is a virtue in all avenues of life.  Patience needs to be cultivated and practiced.  In this two-part series we are going to talk about ways to increase your patience. Key Takeaways: Progress not perfection Slow down, process and focus on one task at a time Take a deep breath and count Step back when emotions are running hig...

We have all experienced feeling overwhelmed at times.  Is this a rare occurrence for you or a constant state of being?  Listen over the next 2 weeks to find out what can cause these overwhelmed feelings, and how to overcome. Key Takeaways: Feeling overwhelmed can become a vicious cycle Challenge your limiting beliefs Focus on outcomes & prioritize Ask for Help!

Based on the scientific work of Dr. Caroline Leaf, we explore the power of your thinking and how it affects every part of your life. In this 3 part series, we highlight some of the ways your thinking impacts you and how you CAN choose to "Train Your Brain" (the name of one of Dr. Leaf's books). If you like what you hear in the next few podcasts, we encourage you to search out more. Key takeaways:...

Based on the scientific work of Dr. Caroline Leaf, we explore the power of your thinking and how it affects every part of your life. In this 3 part series, we highlight some of the ways your thinking impacts you and how you CAN choose to "Train Your Brain" (the name of one of Dr. Leaf's books).  If you like what you hear in the next few podcasts, we encourage you to search out more. Key takeaways:...

Based on the scientific work of Dr. Caroline Leaf, we explore the power of your thinking and how it affects every part of your life. In this 3 part series, we highlight some of the ways your thinking impacts you and how you CAN choose to "Train Your Brain" (the name of one of Dr. Leaf's books).  If you like what you hear in the next few podcasts, we encourage you to search out more. Key takeaways:...

The current inflation increase is causing concern for many Americans.  Is this short lived or will it continue? While the price of consumer goods, food, and gasoline have sharply increased, has it really increased as much as the negative reaction from consumers? Key takeaways: Consumer confidence is dropping quickly Does the "misery index" match the data on inflation Who should be worried? Why is...

We are often asked if Gold and Silver are a good addition to investments.  There is a lot of confusion about how to own it.  We will talk about the different ways to have Gold and Silver investments and the pros and cons of owning Gold and Silver. Key takeaways: Does Gold and Silver help hedge against inflation? Gold and Silver ETFs Should I own physical precious metals? What to watch out for

We all know people that are givers and takers.  Do you know what a Matcher is?  And what type of reciprocity style are you?  This week we will talk about each type and which ones are the most successful. Key takeaways: 5-minute favors Ask for help Give in "chunks"  Do favors

We all know people that are givers and takers.  Do you know what a Matcher is?  And what type of reciprocity style are you?  This week we will talk about each type and which ones are the most successful.   Key takeaways: Definition of Takers, Givers & Matchers Which ones are more successful at work Selfless & Otherish givers Tips for being a successful giver

Retirees can often feel lost after retiring.  They lose structure, identity, purpose, power and relationships during retirement. But your best years can be the ones ahead. You just need to know where to look. Key takeaways: Engage with people of all ages Stand up for what you believe in Make a difference in someone else's life Follow the dreams you didn't have to before

People in their 20s can think they are not financially stable enough to start investing.  They may have student debt, low salaries, or just don't know how to start.  The advantages to start young are significant though. Key takeaways: Time gives you the power of compounding You can take more risk with years of earning ahead of you Take advantage of tech savvy resources for investing and learn from...

Many people would like to be more active in managing their budget and financial plan.  With all the advice and options available however, this can seem overwhelming.  In this 2-part series, we will share some tips to on how to get started. Key takeaways: Pay yourself first Check your credit score Organize your financial records Start spending less money

Many people would like to be more active in managing their budget and financial plan.  With all the advice and options available however, this can seem overwhelming.  In this 2-part series, we will share some tips to on how to get started. Key takeaways: Start with the end in mind Know where your money goes Make monthly deposits into an investment account Know your expenses

Our life is full of decisions.  You can take the same action, but you can do it out of fear or faith.  Fear is self-focused, while faith is God-focused.  Are you making decisions based on fear or faith? Key takeaways: Reflect on your decisions and ask yourself if you are responding in fear or faith Fear is about security and control, faith is about trust and obedience Fear is timid, faith is bold...

In this final segment of our 3-part series, we discuss how mentally strong people avoid negative habits that undermine their strength and peace. You can develop healthy ways of thinking, creating mental muscle, that brings you more peace. Key takeaways: Perfection is a hard task master Holding grudges and unforgiveness hurts YOU Material possessions don't satisfy your needs We need to admit when w...

It is important to have a "decumulation" plan for your Retirement assets.  Many people don't realize these missteps can negatively impact how long your money will last in retirement.  Listen in to find out how to avoid these mistakes. Key takeaways: Pay attention to taxability of your withdrawals Are you claiming Social Security too soon Use ROTH funds last unless you use them to balance a high ta...

How do you keep inner peace in times of turmoil? This week we continue our 3-part series on how mentally strong people have learned to have confidence that they can handle what life brings their way. Key takeaways: Comfortable vs challenging The victim mentality Trying to impress people

Turn on the news these days, and all you will hear is nonstop coverage of crises and bad news. Even talking with friends and family seems to bring up all the things that are wrong these days.  So how do you keep your inner peace in times of turmoil?  Stay tuned for our 3-part series to find some tips. Key takeaways: Don't engage with toxic people Don't play the self-blame game Happiness vs content...

Economic models typically assume that humans make rational decisions.  But when it comes to investing in the market, many people fall into several behavioral traps.  Learn what some of these traps are and how to avoid them. Key takeaways: Confirmation Bias Availability Bias Overconfidence Loss Aversion  

We will finish our 2-part series on simple and inexpensive ways to reduce your stress without leaving your home.  It takes 21 days to form new habits. Pick a stress reducing habit and incorporate it into your everyday life.   Key takeaways: Baking Meditation/Prayer Stretching Coloring books & doodling

Stress and anxiety is different for everyone and is a brain and body push back on all you are trying to manage.  Stress leads to a continuous fight or flight response that can have negative impacts on our health.  There are easy and simple ways to relieve this stress. Key takeaways: Start your day with gratitude and make sure there is laughter in each and every day Incorporate quick bursts of move...

We will compare Fixed Indexed Universal Life to ROTH regarding tax savings, stock market risk, and additional benefits.  This is the best way to truly compare the two instead of looking at only one aspect over a short period of time.  Since both of these options create tax free income for retirement, which one meets more of your retirement goals and objectives? Key takeaways: Since these are both...