Ed's Edge

Whoever you may share financial responsibility with whether it be your partner, your child, your parent, or someone else close to you, understanding their Money Mind is pertinent to having a healthy and harmonious relationship with one another. Similar to love languages, it is not detrimental to communicate using different languages, it’s just a matter of understanding, respecting, and working with each other so that nothing becomes lost in translation.

Join us for our second episode on this topic where we dive into the different Money Mind combinations and how they impact your decision-making as an individual and a family. We talk through the common shortfalls that many have experienced with opposing Money Minds and what you can do today to be mindful and proactive.

Give yourself ONLY 3 seconds to answer this question - If you were given $500 today, what would you do with it?

How you answer that question reveals your instinctive, gut reaction when it comes to decision-making around money and the true nature of your relationship with it. Understanding this is the key to constructively moving towards a healthy financial wellbeing.  Better yet, if you have a partner and or a family, understanding their instinctive behavior around money will provide insight and direction on how you can positively approach your decisions around money as a team. Join us today as we discuss how you can discover this on your own.

Give yourself only 3 seconds to answer this question – If you were given $500 today, what would you do with it?

How you answer that question reveals your instinctive, gut reaction when it comes to decision-making around money and the true nature of your relationship with it. Understanding this is the key to a moving constructively towards a healthy financial wellbeing. Better yet, if you have a partner and or a family, understanding their instinctive behavior around money will provide insight and direction on how you can positively approach your decisions around money as a team.

We all know SOS as a universal call for help but here’s a fun fact – it isn’t a phrase with abbreviated words as you might have assumed, it’s morse code! We took this as an opportunity to assign a meaning to it that’ll hopefully help you draw some neglected attention back to planning your financial future – Structure, Organize, & Simplify.

The more complex our financial lives can get, the more we desperately require some tools to help us wrap our minds and hands around preparing for our financial future. In this podcast, we discuss the incredibly important and often avoided area of our financial life, preparing your estate. Virtually no one is comfortable thinking about the future with you no longer a part of it, but it is so vital to step out of that discomfort to ensure you take the burden off of your loved ones when the time comes.

It has finally arrived with an underwhelming entrance…2021.

Creating a list of New Year's resolutions, during this year especially, feels like a worn out & cliché concept that paralyzes many of us. We feel pressure to accomplish new goals in the new year while simultaneously lacking motivation to accomplish them. For many of us, financial goals often fall first victim to this mental hurdle. If you find yourself dodging your finances this year - sit back, don’t stress, and join us in our podcast while we share a simple but powerful financial checklist to help start your year off right.

It has finally arrived with an underwhelming entrance…2021.

Creating a list of New Year’s resolutions, during this year especially, feels like a worn out & cliché concept that paralyzes many of us. We feel pressure to accomplish new goals in the new year while simultaneously lacking motivation to accomplish them. For many of us, financial goals often fall first victim to this mental hurdle. If you find yourself dodging your finances – sit back, don’t stress, and join us in our podcast while we share a simple but powerful financial checklist to help start your year off right.

2020, what feels like the longest year in history, is finally coming to an end. We know that many of us have been impacted by the pandemic in many ways and are tired of talking about it, so let’s talk about some positive things we can accomplish before the end of 2020.

Before the year is over, make sure you look at your finances to see if there are opportunities to save money in both the short and long term. We’re not talking about stashing more money away, we’re talking about saving more money on your taxes. Join us in this podcast to take home tax savings strategies for 2020 and even carry some with you for future years to come.

Here’s what we cover:

1. Gifting – both charitable giving and transfers to your loved ones. There are some benefits here if done right, and a bonus rule for 2020 only!

2. Protecting more of your money from future taxes, today.

3. Taking advantage of any losses you might have. Yes, you may be able to benefit from losses.

4. How to know if you should itemize your taxes next year and what to do now.

So you did it! You are not only retired, but you are confident in your own plan to live the life you want moving forward. Throughout your retirement years there are some minor adjustments to make once your plan is in place, and we tackle them here. In this episode we talk about the best ways to PROTECT your assets. We will cover how to:

• Minimize taxes in retirement

• Know if you have the right insurance

• Take care of your loved ones upon passing

So you did it! You are not only retired, but you are confident in your own plan to live the life you want moving forward. Throughout your retirement years there are some minor adjustments to make once your plan is in place, and we tackle them here. In this episode we talk about the best ways to PROTECT your assets. We will cover how to:

• Minimize taxes in retirement

The day has finally come…your retirement date. Now what?

In episode two of our three part retirement series, we talk through all the facets of financial preparation that go into this long awaited transition. It’s finally time to turn away from your paycheck and turn on your faucet of income – we like to think of it like chess. There are a lot of moving pieces with tiered levels of importance that in order to win the game, must work cohesively together. In this case, the game is not running out of income.