Smart Money Questions

How to Prepare Financially for a Child

We had a great conversation with the daughter-in-law of one of our clients. She and her husband recently had a child and she wanted to think about additional planning as far as investments. Here’s how we helped her prioritize her finances.
 
Read more and get additional financial resources here: http://smartmoneyquestions.com 
 
What we discuss on this episode: 
4:06 – Babies and finances
5:57 – Take advantage of benefits
8:23 – Disability insurance
10:42 – Budget for retirement investment
13:26 – Good debt and bad debt

How to Prepare Financially for Divorce

On today’s episode, we’re answering questions we’ve gotten from clients, podcast listeners and others about all things finance. Find out how to prepare financially for an impending divorce and more.
 
Read more and get additional financial resources here: http://smartmoneyquestions.com 
 
What we discuss in this episode: 
4:21 – Preparing for divorce
7:27 – How divorce will affect retirement
8:17 – Do nothing
10:10 – Be your own advocate
11:07 – Company stock
12:34 – Picking stocks

Listener Questions - How to Help Mom, Retiring Early, and More

On today’s episode, we’re taking your financial questions. Find out how to help an elderly parent with their housing, whether you can retire early and more.
 
Read more and get additional financial resources here: http://smartmoneyquestions.com 
 
What we discuss in this episode: 
3:31 – Mom’s house
7:48 – Retire early
10:07 – Health insurance
14:16 – Starting a business

2022 Tax Season and Behavioral Finance

Are you ready for the 2022 tax season? We’ll explain why breaking even in your taxes is so important and how behavioral finance plays a role in most people’s lives.
 
Read more and get additional financial resources here: http://smartmoneyquestions.com/
 
What we discuss in this episode: 
0:07 – Tax filing date
2:38 – Break even on taxes
4:02 – Tax brackets
6:23 – Behavioral finance
10:26 – FOMO
12:15 – Irrationality
14:15 – 2022

How to Avoid New Identity Theft Tactics

Has your identity ever been stolen? If so, you know how much of a struggle it can be to take care of it and make things right again. Today we’re sharing some stories of our clients who have been through this difficult ordeal.   
 
Read more and get additional financial resources here: http://smartmoneyquestions.com/podcastposts/episode-162-how-to-avoid-new-identity-theft-tactics/ 
 
What we discuss in this episode:
1:04 – Marijuana tax
2:12 – Bill Gates quote
3:46 – ID theft
6:11 – Client’s troubles
8:09 – Unemployment benefits
9:12 – ID monitoring
10:12 – Be cautious
11:33 – Use online banking

15 Money Resolutions For 2022

The new year means getting on track and trying to set new goals for what we want to accomplish. Money is always at the top of the list so we wanted to help you with your financial growth in 2022.
So on this episode, we’re sharing 15 money resolutions that will get you on a better financial track in the new year. 
You might not be able to follow through on all 15 of these resolutions, but implement even just a few of these and you’ll be well on your way to a more prosperous financial life in the coming year.
 
Read more and get additional financial resources here: http://smartmoneyquestions.com/podcastposts/episode-161-15-money-resolutions-for-2022/ 
 
What we discuss in this episode: 
4:08 – Reduce debt
5:22 – Boost savings
6:41 – Plan for emergencies
7:05 – Don’t overreact
7:49 – Budget
8:54  – Check beneficiary designations
9:32 – Tough conversations
10:34 – Audit insurance
11:15 – Refinance
11:48 – Check credit
12:54 – Share knowledge
13:56 – Review tax brackets
15:09 – Rebalance portfolio
15:39 – Consolidate accounts
16:40 – Listen to our podcast

Piggy Bank Pies and Abundance Mentality

Today we’re talking about generous giving and fearing loss. Find out how our office and clients give back to the community. We’ll also share what to do if you’re afraid of financial losses in your retirement.
 
Read more and get additional financial resources here: http://smartmoneyquestions.com/podcastposts/episode-160-piggy-bank-pies-and-abundance-mentality/ 
 
What we discuss in this episode: 
0:57 – Piggy bank pies
3:14 – Abundance mentality
5:42 – How do you handle loss?
6:38 – Talking numbers
7:40 – Recovering from loss
8:11 – Understand your risk
9:30 – Prepare yourself

Taking A Deal Down To The Studs

Have you ever taken your investment portfolio down to the studs? It might be time to examine the risks of your investments and see what questions you need to get answered.
 
Read more and get additional financial resources here: http://smartmoneyquestions.com/podcastposts/episode-159-taking-a-deal-down-to-the-studs/ 
 
What we discuss in this episode: 
1:19 – Down to the studs
5:33 – Removing risk
8:27 – What can I expect?
10:33 – When will you retire?
13:15 – Money in retirement

Mandates and Forced Retirement: What Questions to Ask

The mandate over vaccines is creating an issue where some people have serious decisions to make. Here are some things you need to consider before walking out and leaving your job over the mandate. 
 
Read more and get additional financial resources here: https://smartmoneyquestions.com/podcastposts/episode-158-mandates-and-forced-retirement-what-questions-to-ask/
 
What we discuss in this episode:
4:35 – Health insurance
8:43 - Expenses

Q&A About Long-Term Care, Car Leases and Social Security

Today we’re answering your questions about long-term care options, leasing a car and Social Security. If you or anyone you know is struggling with decisions about these topics or just wants to learn more, today’s show is for you. 
 
Read more and get additional financial resources here: http://smartmoneyquestions.com/podcastposts/episode-157-qa-about-long-term-care-car-leases-and-social-security/ 
 
What we discuss in this episode:
2:54 – Long-term care
11:05 – Car lease
15:37 – Social Security