The Financial Harmony™ Podcast

Are you considering retiring abroad? Join Dr. Preston Cherry and Jane Mepham from El Gon Financial Advisors, as they unravel the mysteries of retiring outside the United States. From busting myths about U.S. taxation for expats to exploring the profound impact of culture and community, leave no stones unturned in this episode. Want to learn more? Connect with us below!  Jane Mepham on LinkedIn Dr....

Are you thinking about retirement? As a business owner, if you’re not, you should be. This week, Dr. Preston Cherry is joined by Rickie Taylor to help business owners craft a retirement strategy that does double duty—fuelling your business growth while securing your retirement goals. Thanks to the SECURE Act 2.0, Dr. Cherry and Rickie Taylor dissect the potential of overlooked tax credits and dead...

When we say we’re “securing the bag,” do we really understand what we’re looking for? Marques Ogden, keynote speaker and former NFL player, joins me as “securing the bag” takes on a brand new definition as we peel back the layers to uncover the heart and soul of what it really means to achieve fulfillment in life.  Through his vast experiences, Marques illustrates that the chase for the bag isn&ap...

Are you hiding financial secrets from your partner? If you are, you’re not alone. A new study finds that about 42% of couples admit to keeping secrets about money; that’s almost half of all couples! This week, I sat down with Dr. Michael Thomas, Ph. D., AFC®, to discuss the often-overlooked issue of fiscal secrecy and its impact on relationships. A sneaky ice cream trip with the kids can sometimes...

Today, we're not just crunching numbers; we're delving into the neuroscience behind your spending habits, as Dr. Alex Melkumian helps illuminate the chemical reactions like cortisol and oxytocin that drive our financial behaviors. From identifying emotional triggers to understanding money scripts shaped by our past, this conversation is a deep dive into aligning the heart and mind for sm...

This week, we sit down with Don Graves, to have a discussion about retirement income planning. As we unravel the complexities of reverse mortgages, you'll discover the transformative potential these tools hold for your golden years. From debunking long-held myths to highlighting the modern applications of this misunderstood financial instrument, we dive into the heart of managing wealth when...

Embark on a transformative journey with us as we explore the impact of positive psychology on financial resolutions, guided by the insightful expertise of Ashley Quamme. Discover how a shift in mindset, from mere goal-setting to embracing well-being and purpose, can turn your New Year's aspirations into reality. You'll learn the significance of writing down intentions for enhanced clarit...

Ever found yourself pondering whether to place your hard-earned cash into that one golden stock or to play it safe across the board? Join me, Dr. Preston Cherry, as we navigate the treacherous yet potentially lucrative waters of concentration risk in investment portfolios. Discover why betting big on a single sector, like tech, or diversifying your stakes among the vast sea of the S&P 500 can...

Joining us on our latest episode is Charles H. Cherry Jr., my father, who brings a treasure trove of insights on how to gracefully glide into retirement. He and my mom have navigated the financial seas with a keen eye on their 401K and emergency funds, charting a course to a retirement filled with exploration, hobbies, and the luxury of time unbound by the nine-to-five. Through their story, we une...

Ever grappled with the discomfort that creeps in when checking your bank account? You're not alone. Pull up a chair as Dr. Preston Cherry, join forces with the remarkable Aja Evans to unravel the tangled web of emotions that underpin our financial behaviors. This meeting of minds on Life Money Balance goes beyond dollars and cents to address the psychological weight of money shame—a burden th...

Are you ready to finally feel confident about your financial future? Let's dive into one of the most critical cornerstones of secure retirement planning - the Secure Act 2.0. We're breaking it down into four key ways in which this act can revolutionize your retirement strategy, particularly if you're a Gen Xer. From securing higher contribution rates to employer-sponsored retirement...

Ever feel like you're caught in the middle, financially? Between caring for adult children, supporting elderly parents, and preparing for your own retirement, navigating the financial landscape as a Gen Xer can seem overwhelming. But don't worry - we're here to help! Join Dr. Preston Cherry as he unpacks the unique money matters Gen Xers grapple with and explore empowering strategie...

Ready to take control of your holiday shopping and make well-informed financial decisions? That's what we're aiming for in this week's Life Money Balance podcast hosted by me, Dr. Preston Cherry. Today we'll chop it up about the trends in holiday spending, and how to make smart choices amidst fluctuating inflation rates and interest rates. During this holiday season, we're...

Are you ready to turn your high earnings into even higher savings? Get ready to make the most of your income with strategic tax planning, as we sit down with Thomas Kopelman of AllStreet Wealth to explore how you can better start in Q2 and still use Q4. Learn the secrets behind maximizing retirement contributions, setting up solo 401ks and utilizing backdoor Roths, all while making your money work...

Meet Sam Ushio, founder of Ikigai Lab and Chief Ikigai at Connect3x, a man who has spent a lifetime exploring the ancient Japanese concept of Ikigai, a guiding life principle that merges passion, purpose, and profession. Join host of the Life Money Balance podcast, Dr. Preston Cherry, as we uncover what it means to truly live with intention in the moment, and align our actions with our deeply held...

This week, join Dr. Preston Cherry as he dives deep into some common money myths. Let's reshape your understanding of money, highlight the importance of aligning your life and financial goals, and help you embark on a journey towards true financial wellness. No more maddening money myths, only clear and confident financial decision-making. Buckle up, it's time to get financial savvy! &gt...

Imagine finally grasping the concept of 'having enough' and achieving contentment in all avenues of life. That's exactly what Dr. Preston Cherry is unpacking in today's episode, as we dive headfirst into the unique world of the Gen X generation, often dubbed the 'forgotten generation'. Our focus is on the dynamic conversations that occur within Gen X households, from...

Strap in for a conversation where we demystify the complex topic of estate planning. It's not all about gloom and doom, folks. Instead, it's a testament to showering our loved ones with care and security after we're gone. Listen as Dr. Preston Cherry delves into the nitty-gritty of estate planning from ensuring adequate life insurance to candid family dialogues, offering practical a...

What if you were told that you could become comfortable with spending now and during retirement, and without the gnawing fear of outliving your wealth? That's what you'll learn in this episode with your host, Dr. Preston Cherry. We'll debunk the myths surrounding spending, discuss strategies to plan according to your personal preferences, and pave the path to financial wellness.  It...

Ever wondered if the clarity of your financial boundaries could be the key to your emotional well-being and financial growth? Today, Dr. Preston Cherry sheds light on the necessity of financial boundaries for a stress-free life and financial advancement. He illustrates how these boundaries act as a fortress, safeguarding our money by providing clarity and control, preventing regret, and avoiding c...

Dive deep into the world of 401Ks and retirement planning with Dr. Preston Cherry on "The Life Money Balance Podcast." He'll demystify the complexities, debunk social media myths, and focus on vital legislation like the ERISA Act. But it's not just about rules and numbers – Dr. Cherry will explore the personal side, discussing what 'enough' means for you. Plus, he&apo...

Imagine being able to balance your long and short-term financial goals with ease, mastering the art of diversification, and having that sweet spot where your portfolio works for you. Sounds enticing, doesn't it? In this rich conversation with Christine Benz , the Director of Personal Finance at Morningstar, we peel back the layers on capital gains tax, the benefits of Roth IRAs, and how to ma...

The LMB® Podcast invites special guest Saundra Davis, MSFP, APFC ® , MCC, FBS ® , CSC , "The Financial Coach's Coach," a #FinancialTherapy pioneer, Director of the Financial Planning Program at Golden Gate University, and Founder of Sage Financial Solutions. We discuss the roots and characteristics of #financialtrauma, how financial trauma impacts people's lives and finances th...

The LMB® Podcast invites special guest Mr. Caleb Silver, Editor-in-Chief of Investopedia, to ask and discuss “What Financial Advice Does GenX Want?” from the human and financial side of advice. Like the movie ‘Taken,’ regarding financial planning topics, you have a “special set of skills.” You are a “sandwich” generation between young adult children and elderly parents, desire to maximize your lif...

"Is Social Security Running Out?" People already have worry & anxiety over retirement. Being alarmist with information cloaked in awareness needlessly elevates the strife. Knowing how the SS system works and what to expect, near-term retirees can DIY or partner with a financial planner or financial coach to adjust their retirement funding plan. Conversation Insights: Brief SS System...