One For The Money

Welcome to  One for the Money !  In Episode 88, we explore retirement as a journey—and each important stop along the way. From your 20s through your 60s (and beyond), you’ll learn what to focus on at each stage, how to avoid costly pitfalls, and how to test-drive retirement with a  mini-retirement  that just might change your life. 🔑  In This Episode, You’ll Learn: The&nb...

Welcome to episode 87 of the One for the Money podcast. Retirement is the ultimate dream for many, but there are realities of retirement that everyone needs to be aware of. Better retirement planning will incorporate these realities so it leads to a better life in retirement.  In the tips, tricks, and strategies portion, I will share ten tips when you are 10 years from retirement. In this epi...

Welcome to episode 86 of the One for the Money podcast. In the late 1960s and early 70s, a famous psychological study was conducted that has since been called the Stanford Marshmallow test. The study was designed to explore the concept of delayed gratification. In this episode, I’ll share how life might be considered one giant marshmallow test. In the tips, tricks, and strategies portion, I will s...

Welcome to Episode 85 of the One for the Money podcast! Some of you may remember that best-selling book The Automatic Millionaire . It told readers how to easily become a millionaire with a few simple steps. But in this episode, I’ll reveal the sad truth: too many people aren’t becoming automatic millionaires because they’re spending too much money on automobiles . Yes, cars and trucks are putting...

Welcome to episode 84 of the One for the Money podcast. This episode airs on April 15 which means it’s the tax filing deadline. Now no one likes paying more taxes than they have to, and a great way to accomplish this is by using a Roth Retirement account. In this episode, I’ll share how everyone can have a Roth.  In the tips, tricks, and strategies portion, I will share a tip on how for the s...

Welcome to episode 83 of the One for the Money podcast. This episode airs in April, which means we are in the final days of tax season. I’ve never met anyone who likes paying more taxes than they have to, and in this episode, I’ll share how you can utilize the standard or itemized deductions so you don’t have to pay them. Hence the title of this episode, not your standard tax savings strategy.&nbs...

Welcome to episode 82 of the One for the Money podcast. This episode airs in March which means we are in the midst of tax season and there are numerous ways to reduce taxes. One of those ways is to make pre-tax contributions to your 401k or IRA. You don’t pay taxes now but will pay taxes later in retirement when you withdraw these funds. But in this episode, I’ll share a perspective that argues th...

Welcome to episode 81 of the One for the Money podcast. I am always glad and grateful you have taken the time to listen. There are a host of options when it comes to investing and there is an order of priority in which these should occur. In this episode, I’ll share my thoughts on that order.  In the tips, tricks, and strategies portion, I will share a tip regarding 401k contributions for tho...

TRAILER Welcome to episode 80 of the One for the Money podcast. I am always glad and grateful you have taken the time to listen. This episode is part 2 of a 2 part series on Medicare, which is the Federal health insurance program that helps pay for the health care costs of retirees. In episode 79, which was part 1 of this series, I shared what one needs to understand about Medicare and in this epi...

TRAILER Welcome to episode 79 of the One for the Money podcast. I am always glad and grateful you have taken the time to listen. This part 1 of a 2 part series on Medicare. Medicare is a significant part of every single American’s retirement planning. Knowledge of Medicare is critical to making the most of your retirement. In this episode I’ll share what you need to understand about Medicare and i...

TRAILER Welcome to episode 78 of the One for the Money podcast. I am always glad and grateful you have taken the time to listen. In this episode I’ll share why the first wealth is health.  In the tips, tricks, and strategies portion I will share a tip regarding Health Saving Accounts. In this episode... The Holiday Season [0:57] Health vs. Wealth [1:57] Health Expenses in Retirement [4:04] Ex...

TRAILER Welcome to episode 77 of the One for the Money podcast. Happy New Year as well as this episode is airing on Jan 1st, 2025. Crazy how time flies. I am both glad and grateful you have taken the time to listen. In this episode, I’ll share the biggest lessons I have learned in over 25 years as an investor. In the tips, tricks, and strategies portion, I will share a tip regarding setting financ...

TRAILER Welcome to episode 76 of the One for the Money podcast. I am both glad and grateful you have taken the time to listen. In this episode I’ll share how you can use a drop in the stock market to your advantage. In the tips, tricks, and strategies portion I will share a tip regarding year end planning strategies. In this episode... Opportunities in Down Markets [0:59] Investment Strategies Dur...

TRAILER Welcome to episode 75 of the One for the Money podcast. I am both glad and grateful you have taken the time to listen. They say wisdom is learning from the mistakes of others and in that spirit, this episode will feature the mistakes a retirement expert made about her own retirement and I’ll share ways to avoid these same mistakes. In the tips, tricks, and strategies portion, I will share...

Welcome to episode 74 of the One for the Money podcast. I am so very grateful you have taken the time to listen. In this episode, I will share when you should max out your retirement plan such as a 401k, and when you should not.  In the tips, tricks, and strategies portion, I will share a retirement saving tip for those who don’t have access to a retirement plan through their job.  In th...

Welcome to episode 73 of the One for the Money podcast. I am so very grateful you have taken the time to listen. In this episode, I will share why investors should look beyond investing in just the S&P500.  In the tips, tricks, and strategies portion, I will share a tip regarding mutual fund and ETF management fees (also known as expense ratios).  In this episode... Cost Consideratio...

Welcome to episode 72 of the One for the Money podcast. I am so very grateful you have taken the time to listen. Estate and tax planning are critical aspects of better financial planning so your beneficiaries can have a better life. In this episode, I’ll discuss the individual states with the highest estate and inheritance taxes. You’ll learn why you don’t want to die in Oregon or Maryland or a fe...

Welcome to episode 71 of the One for the Money podcast. I am both glad and grateful you have taken the time to listen. In this episode, I’ll share about an estate plan checkup, for those that have one and for those that don’t.  In this episode... Importance of Estate Planning [1:03] Review and Update of Estate Plan [2:34] Consequences of Not Having an Estate Plan [4:38] An estate plan is an a...

Welcome to episode 70 of the One for the Money podcast. I am so very grateful you have taken the time to listen. In this episode, I answer the question “How much should one spend on vacation?” In the tips, tricks, and strategies portion, I will share some cost-saving travel tips.  In this episode... How Much Should You Spend [3:15] Why You Should Travel [6:21] Travel Saving Tips [8:56] MAIN W...

Neither a Borrower Nor a Lender Be- Ep#69 Welcome to episode 69 of the One for the Money podcast. I am so very grateful you have taken the time to listen.  In this episode, I shared whether it is wise to lend money to family or friends.  In the tips, tricks, and strategies portion, I share a tip regarding loans from a 401k.  In this episode... Just Say No [1:24] If You Can’t Say No...

Welcome to episode 68 of the One for the Money podcast. This is part 2 of a 2-part series on novel investment strategies. In this episode, I’ll review a novel investment strategy called factor investing. In the tips, tricks, and strategies portion, I will share a second tip regarding stock options this time regarding incentive stock options also known as ISOs.  In this episode... Investment F...

Welcome to episode 67 of the One for the Money podcast. I am so very grateful you have taken the time to listen. This is part 1 of a 2-part series on novel investment strategies. In this episode, I’ll go over what is sometimes referred to as the borrow, spend, die strategy. In this episode... SBLOC Defined -[1:45] SBLOC in Practice -[4:58] Stock Options - Restricted Stock Units (RSUs) -[6:30] Most...

What is one of the best ways a husband, wife, father, and mother can show their love financially? Hint it’s not diamond rings, cars, fancy trips, or a big house. It’s WAY cheaper than that. In this episode... Financially caring for family in case of an accident [1:15] 5 factors that impact the price of life insurance  [4:43] The right type of Life Insurance [7:08] If you died yesterday, how f...

Welcome to episode 65 of the One for the Money podcast. There are two huge risks when it comes to retirement, and they are contradictory to one another. In this episode, I’ll share those risks as well as a strategy to address them.  In this episode... Retirement is a Miracle [1:13] The first biggest risk in retirement  [2:25] The second biggest risk in retirement [2:44] Enjoying more in...

Welcome to episode 64 of the One for the Money podcast. I am so very grateful you have taken the time to listen. While investments, taxes, estate plans, risk management and cash flow are critical aspects of a financial plan, they won’t mean anything if they aren’t aligned with what matters most. In this episode I’ll share how one can align their financial plan with exactly that. In this episode......