The Science of Wealth

Dan and Emily discuss the year-end tax strategy of Roth conversions, important topics for year-end financial planning, and how a senior financial planner spends the end of their year. To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.com To schedule a complimentary consultation, visit: https://calendly.com/my-wealth-planners-initial-consults

Dan and Emily discuss having a professional niche and how to stand out in your professional field. The conversation then turns to how to deal with your partner overspending, and then, what to do when someone asks for your advice but never takes it. To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.com To schedule a complimentary consultation, visit: htt...

Dan and Daniel discuss the ways we unearth goals during the financial planning process, and how the participation of both partners in a relationship is essential to that process. They wrap up on the topic of what great financial planning looks like, both in planning, but also in any professional relationship. To learn more about financial planning and MY Wealth Planners, visit: https://mywealthpla...

Dan and Emily discuss how storytelling helps with understanding financial concepts, which leads them to discuss how to approach sensitive financial topics. They wrap up on the subject of side hustles and starting small businesses. To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.com To schedule a complimentary consultation, visit: https://calendly.com/...

Dan and Daniel discuss when and how people should decide to spend more, then debate modern trends in tipping, and finally the issues of price versus value.

Dan and Emily discuss the value of building trust as a financial planner and with a financial planner. They then go on to discuss client experience (in all forms of business) and the importance of building an experience that exceeds the expectation of the client. Finally, they touch on precious metal investing and what it can and cannot accomplish. To learn more about financial planning and MY Wea...

Dan tells the story of launching the practice that became MY Wealth Planners, and shares the many struggles and challenges that come not only with entrepreneurship, but the work of doing financial planning. TW: Mental health. To learn more about financial planning and MY Wealth Planners, visit: https://mywealthplanners.com To schedule a complimentary consultation, visit: https://calendly.com/my-we...

Daniel and Emily discuss important lifestyle and financial questions to ask a partner before getting married. They then turn to the topic of the financial pros and cons of stay at home spouses; and finally, they discuss the classic debate of whether you should invest in experiences, things, or perhaps a bit of both? Learn more about Wealth Planning at www.mywealthplanners.com or schedule a consult...

This week Daniel (not Dan!) and Emily discuss having a second act in your career and what someone ten years into the workforce might tell themselves ten years ago, and some of the factors in deciding where to learn financial planning, and how short term compensation reductions can yield long-term skill-based dividends.

Dan and Daniel discuss the costs of hiring staff and things to consider as a business grows beyond its founder. They then discuss the challenges with valuing a business, and how that can spiral into greater difficulty when considering selling a business.

Dan and Emily discuss divorce and the necessity of working with professionals through the process, how to divide one of the largest financial assets many households have during a divorce, and wrap up with a discussion on time management and how time is spent at the start of a financial planning career.

Dan and Daniel discuss the impact of the Federal Reserve's "upcoming" (now passed) reserve rate cut. They then discuss the financial do's and don'ts of preparing to buy your firm home. They then wrap up what to do with extra savings: should you be investing in the stock market or real estate? The answer might surprise you.

Dan and Emily discuss how reverse mortgages work and where they're helpful or harmful, then how the upcoming election (won't) affect the market, and finally they discuss credit card points.

Dan and Daniel discuss the potential funding shortfall for Social Security in 2035. Daniel then asks under what conditions you can distribute retirement funds before reaching the fabled 59 and a half. They wrap up on the topic of how to pay for long term care expenses.

Daniel interviews Emily about her first year working in a financial planning firm, including everything from her interview experience to learning about financial planning and studying for her Series 65 licensing exam.

Dan and Daniel discuss whether you should max out your 401(k) after you've hit your employer's match or should fund an IRA. They they discuss whether younger folks should buy a whole life policy and why they're sold them so often. Finally, foreign investments: Assets or albatross?

Dan and Daniel discuss the expenses people fail to plan ahead and save for at various phases of their lives. They then chat about reasons to hold onto cash and how to do so, including for emergencies, short term goals, and retirement. Finally, Daniel asks the question: Should financial planners be more therapeutic in their delivery of services?

Dan and Daniel discuss how to plan for life after college and what can lead to a failure to launch for some graduates, what to look for in workplace benefits when comparing opportunities, and the problems with financial planners using complexity as job security.

Daniel and Emily discuss the pros and cons of switching jobs to increase income and advance your career, some of the common benefits and drawbacks of using various financial products to teach kids finance, and the concerns that arise when identity theft is a risk.

This week Dan and Emily discuss holding out for a better job or simply taking what's available when job hunting, how members of unconventional relationships can adjust their financial planning, and the risks posed by filial responsibility laws for members of your family.

Dan and Daniel discuss the hurdles and difficulties of starting a career in financial planning, why credentials matter when seeking out a financial planner, and what it takes to build trust in a professional.

Dan and Daniel discuss the absence of financial education in K-12, the FIRE financial philosophy, and the election's (lack) of impact on the market.

This week Daniel and Emily discuss being the executor for someone's estate, when and why you should shop your home and auto insurance, and whether you should rent or buy when relocating to another part of the country.

This week, Dan and Daniel discuss some basics of DIY finance, the differences between tax preparation and tax planning, and reverse mortgages.

This week, Daniel and Emily discuss mineral rights, market manipulation, and recovering or helping someone recover from a scam.