Financial Conversation Podcast

In this episode, we're really excited to share some funny and yet truthful tales with you about the craziest things we’ve done to earn extra money on the side.

Here on the Financial Conversation Podcast we love making extra money and we’ve come up with some pretty creative ways to do so. We're also thrilled to be joined by Kate Dore from cashvilleskyline.com, who has some awesome side hustle stories herself.

In this episode we discuss:

4:10 – Kate's side hustle6:50 – Chonce's side hustle8:45 – Kristi's side hustle10:00 – Kayla's side hustle11:00 – Do you think side hustling is sustainable?15:40 – Kate's craziest side hustle story20:00 – Kayla's craziest side hustle story24:15 – Tips for getting ahead with your side hustle29:30 – Have you had a side hustle with a negative impact?41:30 – Kate's theory of working smarter45:30 – What else does Kate have going on?

If you enjoyed this episode, please leave a review on iTunes or follow us on Twitter and Facebook! You can visit our site at www.financialconversation.com. Thanks!

In this week's episode of the podcast, we discuss the pros and cons of credit cards versus cash, AKA Paper vs Plastic. There are a lot of factors to consider when choosing how you will pay for goods and services.

Choosing how to spend your money is your choice. We offer our insight covering issues such as ease of use/abuse of your credit card, having cash "burn a hole in your pocket", and also benefits of both types of purchase options.

In this episode we discuss:

1:15 – Which is easier to carry? Cash or Credit?2:25 – Gas station horror stories6:10 – Credit card ease of use12:00 – Security benefits of plastic16:30 – Cash benefits24:05 – Do you feel vulnerable with cash?28:00 – Conclusion and closing advice

If you enjoyed this episode, please leave a review on iTunes, or follow us on Twitter and Facebook! You'd have our undying gratitude. ;) Thanks!

In this episode, we are pondering a question that can have an impact on your psyche and your personal finances: can money buy happiness?

We are examining this idea from multiple angles and the various aspects that go hand and hand with the idea of happiness gained from spending money.

Choosing what is important to you and how to spend your money is your choice, so we are examining what is important to each of us and dispersing tips about how to save money while still pursuing what makes us happy.

In this episode we discuss:

• 1:10 – Is $75,000 the income needed to reach the top of the happiness threshold?
• 6:45 – Using money to make yourself happy with a "temporary high" from buying something
• 14:10 – Do you get "stuck" thinking about your goals and unable to feel happy until they're accomplished?
• 18:15 – Why you should be grateful for everything
• 23:30 – Experiences vs material things - What do we value more?
• 37:15 – Can money buy happiness? - What about when you buy time by outsourcing?
• 43:40 – The bottom line - Does money buy happiness?
• 44:00 – Is balance the secret to life, or is it just our cop-out?

Enjoy!

Today, we are excited to be sharing our 10th episode with you. And if that’s not enough to get you pumped up, we are also excited to be talking about a topic that can have a major impact on your personal finances: real estate.

We are talking about whether you should choose to buy or rent a property and the effects of both when it comes to personal finances.

Choosing where to live is a real-life personal finance decision that we all face, and it might be one that many of you are facing during this spring home-buying season.

In this episode we discuss:

• 2:00 – Financial Implications of Renting vs. Buying and Pros & Cons of Both
• 16:00 – The "American Dream House" Do you need that much space?
• 18:30 – Determining the Best Decision for You: Should you rent or buy?
• 26:15 – FHA loans for first-time home buyers
• 30:30 – When is the best time to buy a house?
• 35:30 – How self-employment affects buying and renting real estate
• 42:10 – Should you ever pay off your mortgage early?
• 48:40 – Would we do the anything differently when it comes to the real estate decisions we've made in the past?

Enjoy!

On this episode of Financial Conversation, we discuss how much a child costs to raise. $245,000 is a ridiculous amount to spend, and we're here to give advice on how to spend way less if you're worried about the financial implications of raising kids.

We touch on:

• How expensive we think kids really are to raise
• Whether or not the cost associated with having kids has deterred us or scared us from starting a family
• If you can ever truly be financially prepared to start a family
• The best tips we can give on how to save money on the common expenses that come with having kids
• How we balance our family's goals and child expenses
• The hidden costs of having kids that a lot of parents forget to factor in

Enjoy!

Today, we're hashing out the age-old argument of spending less, or earning more. (Or is there a balance?)

There's no question that frugality and cutting unnecessary expenses can help you make that first step toward financial freedom. While all of us are frugal in our own way, we don't think that you have to be super frugal (or cheap) to get ahead in life.

We cover:

• What we've personally cut out of our lives to make room in the budget, and if we've noticed a difference in our lifestyles
• How you can get ahead financially by focusing on earning more
• The point when we all realized there's a limit to how much you can cut back, and how we took action
• The different ways we earn more money
• How to find a balance between earning more and spending less

Enjoy!

On this episode of Financial Conversation, Kayla, Kristi, Chonce, and Erin are joined by their amazing mentor, Catherine Alford, to talk about their lives as freelancers.

Cat is a fabulous mother to adorable twins, and with her husband in medical school, she runs a tight ship. She earned six figures in 2015 and was the perfect guest to have on to give a raw, unfiltered look into what it takes to be a successful, full-time freelancer.

While none of us regret our decisions to become freelancers (to be fair, there are a lot of tears and self-doubt involved), it's not all Netflix, junk food, and pajamas or yoga pants everyday (okay, that last part is true). We're sharing all in this episode to give you a crystal clear idea of what to expect if you want to take this path.

We're covering:

• 3:00 – The reason why we became freelancers
• 10:30 – How we manage freelancing and life (or try to)
• 24:00 – Our biggest challenges
• 38:45 – Our biggest successes
• 45:45 – What we would do differently if we had to go back, and our best advice for people who want to start
• 53:15 – What's next for Cat?

Enjoy! Don't forget, if you like what you hear, you can leave us a review on iTunes, or a comment on our blog: www.financialconversation.com. We're also on Twitter!

Loved what Cat had to say? Check out her site here.

With Valentine's Day right around the corner, the girls wanted to discuss how to budget for date nights to keep the romance alive. Plus, they each share their opinion on Valentine's Day. None of them felt quite the same way!

We discuss:

• How often we go on date nights with our significant others
• How we handle celebrations like anniversaries and Valentine’s Day
• What our different "love languages" are and why it matters
• If we set a cash limit on gifts, or if we give gifts at all
• How we make sure our relationships are based on more than just money
• How people can keep the romance alive without spending much money

Enjoy!

Kayla, Erin, Chonce, and Kristi discuss the truth about student loan debt on this episode of Financial Conversation. They're revealing their debt totals and giving advice on how to manage the burden so many young adults face.

We cover:

• How much student loan debt we all graduated with
• The strategies we used to keep our student loan debt as low as possible
• What we would have done differently (hindsight is 20/20!)
• The common mistakes we see students make when it comes to taking on too much student loan debt
• Whether or not student loans can truly be considered "good debt"
• What graduates can do to make their payments as affordable and manageable as possible
• Kristi and Chonce discuss what their plans are for helping (or not helping) their kids afford college

Enjoy!

In this episode of Financial Conversation, Kayla, Chonce, Kristi, and Erin are talking about how they practice delayed gratification despite being surrounded by a society that believes in instant gratification.

We're covering:

• When you should start practicing delayed gratification?
• How credit cards have perpetuated instant gratification (and what you can do about it)
• Strategies you can use to practice delayed gratification
• When it's okay to partake in instant gratification
• When we've indulged in instant gratification ourselves
• In what ways to millennials struggle with changing their mindset to delay their gratification and waiting for wants and needs

Enjoy!