The Money Doctor® Money Talk Podcast

Hopefully you're enjoying summer and spending "quality time" with family.   Can we suggest an activity?   Let's go over the household finances - all together, ALL AT ONCE, and as a T-E-A-M. Reggie Parker, parent "extraordinaire," is giving you the "cheat sheet" for including the kids in what's going on financially, for getting everyone talking, and young minds THINKING before they spend. Wow! And...

So it's summer time, but you know what doesn't take a break? Money matters! So for the next few episodes we're going to talk about how to make it more FUN with the FAMILY and wait until you hear who's schooling us on how to get it done.  Charlotte Harris, real estate investor, planning expert is showing us how to work "smarter" so we can reach those goals - one by one.   2:00  Charlotte Introducti...

We've been talking about 3 of the 4 Cs, (Capital, Capacity, Collateral)  But I know THIS is the C on everyone's minds!  It's the one that gets the MOST ATTENTION: CREDIT SCORE.   So in this episode, I, and colleague, Larry Miles, are giving you the "Rx Prescription" for all things CREDIT REPAIR - and how you can get started right at home. 2:30  The problem with NOT having credit education  4:15   ...

Many people would be surprised to hear I had bad credit for 7 years...yep, it’s true.  It’s why I’m so passionate about SAVING MONEY. In this #14 Episode SHOCKER, I talk about how a DIFFERENT C ( Capital ), helped me rebuild not just my finances, but my credit also. You can do it too! 3:43 Ever struggled juggling business & personal finances? 5:43 Credit is a HUGE part of the PAST & the RI...

As millions of Americans prepare to receive stimulus checks, in this episode, I lay out my signature prescription for financial success called my MoneyRx. This is the exact roadmap I followed for rebuilding my finances that hit rock bottom during the 2008 recession.  You'll never believe who my coaches were:  5 little kids who are making money, saving money, keeping track of spending, investing an...

Small Business loan applications contain an interesting mix of personal and business questions, but a true business always shows some sales. But how much did you have left over after expenses? Are you showing any profit? Small business bankers are interested in all of those, but chief among the questions is those gross receipts or sales, and what you have left over after expenses (net income). Do...

In this episode I resume the discussion from Ep#10 on how the W-2 versus 1099 affects your ability to save money, taking a deep dive into the concept of refunds and "overpayments" on taxes. 1:22 The financial consequences of overpaying taxes 2:30 How Withholding Works 3:55 How 1099s differ from W-2 6:05 How to get your money! Links mentioned:   2021 Form W-4 (irs.gov)

So why all the talk about mail and a course on paperwork? Because I've had more clients than a few, PAY me to help them with it, before we can even get to the money conversation. It's also derailed many a financial plan with missed FINAL NOTICES, bank overdrafts, late and delinquent fees. So in this episode, we're giving a bit of an update to our ongoing "reality show" about the challenges of stay...

In this week's episode, I take a deeper dive into the biggest two documents tax documents people are receiving this time of year: the W-2 and 1099, the differences and how you can take advantage of each. I do that by telling the story of two different clients, both with back tax issues and describing how the documents they had made all the difference. I am including the link I referenced for m...

You know there’s a saying that TWO are better than one, and I have to say that couldn't be more true than talking about getting ORGANIZED.   This  was a really fun interview I gave right before the new year, when I heard the replay - and the different take on the topic, I had to share it with the Podcast family!  PLUS we did have that tax season delay, so I figured, "why not, we can squee...

In this week's episode, I take a deep dive into the biggest two documents tax documents people are receiving this time of year: the W-2 and 1099 the differences and how you can take advantage of each. I also am including the link I referenced for more IRS guidance on the subject and especially if you’re a business owner, how to correctly classify your workers for tax reporting purposes. https://ww...

In this episode I describe a LIVE mail session showing how I” put money in it's place” - and that was by tackling my mail, on-camera previously"sight unseen" - and I do it in LESS than 20 minutes! You can too. But you'll need to SEE it to fully believe it, and since this is audio world, you’ll need the link NOT just to the video, but a FREE mini-course designed to take the "fear factor" and overwh...

In this episode I talk about how easy it is to take our eye off the ball, lose focus and even quit altogether. The year is still “new” and there is still time to refocus our efforts to reach our goals. Here’s a tried and true strategy I’ve used for several decades to stay motivated no matter how rocky things may get.

And by pay off, I mean "LITERALLY" paying off what we spent during the holidays, but even more is possible and I share all about how in this episode I share with you a secret weapon to jumpstart your savings and maybe even replace the money spent for the holidays. The keys to building some serious savings start with what's happened in the past - and there's a quick easy way to find out.  Just look...

Today I’m sharing with you six key organization tools to help you go into the next year super prepared and super on top of the paper.

If you hadn't heard last week's episode, this is a continuation of the combination of "financial diet and exercise."   This week, we go deeper into what it means to have a healthy financial diet and what we need to have in place to have one.  :10 The Money Doctor® Your "Financial" Physician :35 The Financial "Diet" 1:25 Credit, Good Debt vs. Bad Debt 2:05 Assets & Insurance Go Together 3:43 So...

You'd expect a money advisor to tell you "not to spend" too much for the holidays, but would it matter much considering we're: a) creatures of habit, PLUS  b) when it  comes to plastic, it's EASY to get a bit carried away.   So year after year, we repeat this cycle, but THIS year is going to be different! Get a "preview" of what's to come from me in the way of content for 2021 - oh - and while you...