Finance Fam | Family. Faith. Freedom. Finance.

We're a culture of consumption, but the reality is we actually don't need a whole lot to be happy. In today's show we talk about the financial, mental, and spiritual benefits on minimalism. In fact, we're taking every day in October to give, sell, or trash household items that we really don't need.

Resources:
300,000 Items

Connect with us!
Instagram: https://www.instagram.com/isaiah.ram.finance.fam/
Financial Coaching Questionnaire
Email Andrew: [email protected]

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Instagram | Financial Coaching Questionnaire | Email Andrew

Today we discuss Finance and Kids! Kids are not cheap; there's no way around it. We talk about the main expenses to think about and some of the blessings of having children. 

Resources:
Study by the USDA

Connect with us!
Instagram: https://www.instagram.com/isaiah.ram.finance.fam/
Financial Coaching Questionnaire
Email Andrew: [email protected]

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Instagram | Financial Coaching Questionnaire | Email Andrew

Today we dive into current events and respond to student loan forgiveness: what it means, whether or not you qualify, our general attitude towards the situation, and more! This verse comes to mind....
Romans 12:15: Rejoice with those who rejoice; mourn with those who mourn!
 
Resources:
White House Brief
Student Aid.Gov & FAQs


Connect with us!
Instagram: https://www.instagram.com/isaiah.ram.finance.fam/
Financial Coaching Questionnaire
Email Andrew: [email protected]

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Instagram | Financial Coaching Questionnaire | Email Andrew

The movement was the catalyst into the world of personal finance for us. We realized people don't need to be stuck in a cubicle until they're 65, missing the best years of their life. We talk about this movement, the philosophy behind it, and how to achieve FIRE with broad strokes today.

Resources:
Intro to FIRE blog

Connect with us!
Instagram: https://www.instagram.com/isaiah.ram.finance.fam/
Email Andrew: [email protected]

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Instagram | Financial Coaching Questionnaire | Email Andrew

Life Insurance is critical. If you die... who's dependent on you? What will they do if you're gone? We explore the reality of death insurance in this episode!

Resources:
 Term vs Whole explained
Get competitive term life insurance quotes here


Connect with us!
Instagram: https://www.instagram.com/isaiah.ram.finance.fam/
Email Andrew: [email protected]

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Instagram | Financial Coaching Questionnaire | Email Andrew

Today, we talk about the importance of a budget. Some people get scared when we use that word.... but we guarantee that using one will actually give you immense freedom and control in your life.

Budgeting is the essence of putting your vision on paper and moving it forward. We break down a zero-based budget so you always reach $0. YOU tell YOUR money where to go.

We also touch on how much should be allocated (on average) across your budget per category.
 
Connect with us!
Instagram: https://www.instagram.com/isaiah.ram.finance.fam/
Email Andrew: [email protected]

Resources:
Every Dollar Budgeting App
Mint Budgeting App
Zero-based budget in more detail

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Instagram | Financial Coaching Questionnaire | Email Andrew

Compound growth is a beautiful thing. In fact, Einstein calls it the 8th wonder of the world! In this episode we talk about this beautiful concept that helps make everyday people like me and you millionaires. It's the power of exponential growth.

We also talk about getting comPounded by debt and interest!! He who understands compound growth earns it; he doesn't pays it.

Follow us: https://www.instagram.com/isaiah.ram.finance.fam/
Get in touch with Andrew: [email protected]

Resources:
Check out this graph regarding compound growth
Motley Fool Math Article

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Instagram | Financial Coaching Questionnaire | Email Andrew

Today we cover retirement, how much the average American has saved, and how most are sadly not hitting their goals. We want to stress that retirement is a financial number and NOT an age!

We touched on some statistics and terms in this show that you can go into more depth on below:

4% Rule
American Retirement Stats
Fire Movement

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In today's show we answer the decade-old question: "Should I invest in cryptocurrency?" 

This is really an "intro to crypto" episode. For those that aren't sure of what crypto is or whether it's right for them, we break down who should and who shouldn't be investing. If you have an emergency fund, are maxing out your retirement accounts, then perhaps you can afford to invest in crypto! 

Remember that you can reach out for finance coaching at [email protected], and be sure to follow us on Instagram at Isaiah.Ram.Finance.Fam

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Instagram | Financial Coaching Questionnaire | Email Andrew

Today we cover the importance of the EMERGENCY FUND! There's two types: the starter and the 3-6 months of living expenses. In this episode we WHY you need one and how to start building one.

For more information, check out Dave Ramsey's blog on emergency funds.

You can also reach out to Andrew at [email protected] and follow Finance Fam on Instagram. Thanks!

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Instagram | Financial Coaching Questionnaire | Email Andrew