Can you DIY or will your way through everything you want to accomplish in your life? Sure. Is it the most effective route that’s going to optimize your results? Debatable. Today we’re talking about the value of a coach in areas of your life that really matter — the areas that you care about, the…
Beyond Finances Podcast #42: Want to Build Wealth? Then Create THESE
A high income is a critical step in building wealth… but it’s not the defining factor in whether or not you’ll be financially successful. For that, you’re gonna need to build ASSETS. Most people assume they just need to earn a high income, and then they’ll be wealthy. Unfortunately, building wealth (especially when you’re doing…
Beyond Finances Podcast #41: So You Want to Make a Speculative Investment
A broad-based, globally diversified portfolio is hands-down the right answer when it comes to growing wealth for the long term. But that doesn’t mean other, more speculative and risky investments are always a bad move… They’re just not a great idea most of the time. Today, we’re looking at some alternative ways to invest outside…
Beyond Finances Podcast #40: Understanding Insurance — What You Need, and What You Don’t
In the wake of the pandemic, many people have scrambled to take out insurance policies. But before you buy, make sure you understand the real purpose of a policy so you can choose the best option for your needs. Insurance is, as Kali puts it, something that can make you go “eurrrgh.” It’s a product…
Beyond Finances Podcast #39: We Bought a House (in a Pandemic). AMA.
Buying a house is an intensive (and stressful) process in the best of times. Throw in a crashing economy and global pandemic — and the fact we don’t do anything the “normal” way — and our recent experience got pretty interesting. Okay, to be fair, the pandemic didn’t dramatically change much about the process of…
Beyond Finances Podcast #38: 3 Unexpected Money Lessons… from Robert Frost?
It might sound crazy — but we can actually take a few financial lessons from one of the most famous pieces of American poetry. You’ve likely at least heard of Robert Frost’s famous poem, The Road Not Taken… and you might be just as likely to misinterpret it. In today’s episode, we take a look…
Beyond Finances Podcast #37: 5 Ways to Elevate and Optimize Your Finances
Let’s go beyond the basics to look at how you can optimize your savings, get strategic with debt, and level up how you invest to grow wealth. There’s no shortage of podcasts or blogs that cover simple pieces of advice and the same basic money moves to make: pay down debt, save up cash, invest…
Beyond Finances Podcast #36: Following Warren Buffett’s Advice & Arguing for Optimism
It’s one thing to think the Oracle of Omaha’s advice is good. It’s another to follow it, and choose the path of market optimism. We’ve all heard Warren Buffett’s famous quote advising us to “be fearful when others are greedy, and greedy only when others are fearful.” But do you actually act on that? If…
Beyond Finances Podcast #35: Can You Have Too Much Cash? (Spoiler: Yes, and It’s Risky)
Here’s what you need to know to determine how much cash you actually need on hand — and what to do with extra funds if you have them. Most people think you can’t have too much cash on hand or in the bank. Cash is king, right? Cash is safe! The reality is holding too…
Beyond Finances Podcast #34: Avoiding Short-Term Distractions When You Have a Long-Term Strategy
Most people make short-term and limited decisions without considering how these choices impact things to the right when you’re only looking left. Here’s how to solve that problem. Rebroadcast: We open this episode with a quick update on the coronavirus scare, recent market volatility, and how we think about the best course of action for…