Your Next Money Move

Given that US stocks have outperformed overseas investments over the last decade, many people may wonder why they should bother having international investments in their portfolio. In this episode, join Trent and Derek as they give an overview of international investments. Listen as they dive into historical statistics, learn about 'home team bias' and how benchmarks can help you evaluate internat...

Worried about the bank failures in the headlines lately? In this week's episode, we break down the basics of keeping your assets and savings safe. Learn about the different types of insurance that may cover your assets and how they work, and why the type of financial institution and the type of account makes a difference. Plus, Derek and Trent offer a few tips about how to use this information whe...

Wondering about the pros and cons of filing for an extension? This episode is for you!   Check out our website, where you can sign up for our newsletter and find other free resources: Your Next Money Move Connect with us on social media: Your Next Money Move on Instagram Your Next Money Move on Twitter Derek Lawson on LinkedIn Trent Porter on LinkedIn

Join us while Trent and Derek uncover the flaws of retirement calculators. They explain how these calculators give a false sense of precision and the impact of "garbage in, garbage out." They highlight the wide range of possible outcomes not included in the calculations, and the importance of being aware of life changes that can impact retirement plans. The duo also shares their own experiences wi...

In this episode, we're diving into the topic of government debt and the impact it has on the stock market. Join us as we explore the staggering numbers behind the US government's debt, who the debt is owed to, and the implications of default. We also discuss the historical performance of high debt countries' stock markets and offer practical advice on how to navigate this complex financial landsca...

In this episode of Your Next Money Move, Trent and Derek tackle the question, "When is the best time to file for social security?". They explain the filing age range and the impact waiting has on your monthly check. They also touch on the importance of considering your current financial needs and health when making the decision. The duo covers why delaying can be a form of old age insurance and wh...

In this episode of Your Next Money Move, Trent and Derek tackle the age-old question: "How high should I set my car insurance deductible?" They break down the basics like how deductibles impact premiums, the importance of an emergency fund, and the benefits of not filing claims. They also tackle the overconfidence bias and the notion that insurance is a bet, and apply those same principles to othe...

A Health Savings Account doesn't sound very much like a retirement account… but could it be used that way? With their unique triple tax advantage, Health Savings Accounts can be a powerful tool, but they also have quite a few special rules on how they can be used. In this episode, Trent and Derek dive into how HSA's work, if you qualify, and how they can be used in your retirement plan.    Check o...

Having financial goals is great! Having to balance those financial goals can be difficult. Oftentimes, parents wonder how to balance saving for their children's education while saving for their own retirement. Check out this week's episode to learn how to balance those goals best, what types of accounts can be helpful for those goals, and more about the cost of college over time.    Check out our...

Everyone wants to pay less taxes… but how do you do that? This week Trent and Derek tackle above-the-line deductions and how they can help you save money on taxes. Hear about how above-the-line deductions work, listen to the most popular deductions, and learn how they can help you save on your taxes! Check out our website, where you can sign up for our newsletter and find other free resources: You...

There's a lot of options out there when considering a credit card, and they're constantly increasing. So… what should you look for when choosing a credit card? Listen in to hear about the benefits to consider when choosing a card, hear more about the best ways to use credit cards, and the tricks and traps to watch out for! Check out our website, where you can sign up for our newsletter and find ot...

Join us as we tackle our first listener question of the year – "When is it a good idea to contribute to my Roth 401k?" Are you also curious about the differences between Roth and Traditional retirement accounts, and how to utilize them in your planning? Give this episode a listen to hear Trent and Derek chat about the various factors to consider when deciding to contribute to your Roth 401k! Check...

The beginning of a new year means it's the time of year for… new year's resolutions! Do any of yours have to do with money?   Whether you have money resolutions on your list this year or not, start the year off right and hear about four of the most valuable money resolutions out there. Plus, Trent and Derek dive into the best ways to accomplish those resolutions so that this time next year you can...

We've all heard the phrase "money can't buy happiness"... but maybe there's more to it than that? This week Trent and Derek dive into the research behind money and happiness. Hold on, because you're about to learn how your satisfaction in life is impacted by the way you spend your money and time.  They also provide a few great book suggestions in this episode! Check out our website, where you can...

The end of the year can get busy quickly. Before you start wrapping presents and getting ready for holiday celebrations, have you done everything you should to wrap up your financial year? In this episode, listen to a list of possible financial moves you might want to make before the end of the year and how they can help! Check out our website, where you can sign up for our newsletter and find oth...

Are stocks paying high dividends a better investment?  Take a deep dive into this listener question in this week's episode - learn about what a dividend is, how dividend paying stocks work, and listen to Trent and Derek discuss the ways that dividends impact your portfolio's diversification, tax efficiency, and more! Check out our website, where you can sign up for our newsletter and find other fr...

In this week's mini episode Trent talks about one of the financial habits he sees frequently with clients…learn what "Should-ing on yourself" means in your financial life. Hear a few good book suggestions, and listen to some ways to make "eating your financial vegetables" a lot more palatable.   Check out our website, where you can sign up for our newsletter and find other free resources: Your Nex...

Is it risky to invest with a recession on the horizon? Trent and Derek do a deep dive into this question in this episode…  learn more about how a recession is defined, showcase historical recessions and how the market acted during those, and highlight that the stock market isn't a gauge of the economy, it's a gauge of expectations of the future! Check out our website, where you can sign up for our...

Is all that glitter actually gold? The question of the week is "Will gold help protect my portfolio from a downturn?". Tune in to hear Derek and Trent discuss investing in gold, what behavior bias and recency bias have to do with the question, and more!   Check out our website, where you can sign up for our newsletter and find other free resources: Your Next Money Move Connect with us on social me...

Searches for 'housing crash' are at an all time high - many people are wondering about whether increasing interest rates will cause a housing market crash.   This week Trent and Derek tackle that question. Listen in as they chat about periods of high interest rates in the past, what is different between previous housing market crashes and today… and more! Check out our website, where you can sign...

This week we tackle a popular question - does an emergency fund need to be kept in all cash? Creating an emergency fund is an important step on the Your Next Money Move Map. Now, Trent and Derek discuss what that really looks like in practice. Check out our website, where you can sign up for our newsletter and find other free resources: Your Next Money Move Connect with us on social media: Your Ne...

In this episode of Your Next Money Move we discuss the biggest, most common money mistakes people make. Not to worry, they can all be avoided! Tune in to learn about the biggest money mistakes we see, and also hear Trent and Derek talk about money mistakes they have lived and learned from! Check out our website, where you can sign up for our newsletter and find other free resources: Your Next Mone...

So you've started saving for a down payment... but where should you keep that money? Today we tackle the question "Where should I invest my down payment savings?". Trent and Derek discuss the various places you can save and invest, how they work with different timelines and levels of flexibility, and the pros and cons of each option. Give this episode a listen to hear a great conversation about a...

Are you putting relationships, friendships, and Thanksgiving dinners at risk if you loan money to friends or family? Welcome back to another episode of Your Next Money Move! Today we chat about loaning money to friends or family, why it might not be a good idea, the importance of setting specific terms, tax implications, and more. Don't miss out on a great and practical conversation. Check out our...

Welcome to another episode of Your Next Money Move! Have you ever wondered how to deal with the unpredictable nature of interest rates when borrowing, saving, or investing money? Today we are going to teach you how to prepare for rising interest rates and help you eradicate the inhibitor that is fear from your next money move! Tuning in, you'll hear all about why interest rates fluctuate, how they...