Finerate

Creating Wealth has made it to 100 episodes! In this podcast, we're diving into the personal side of things--we'll discuss our podcasting journey over the last almost four years, what we've learned through this process, and what we hope for the next 100 episodes. We talk about how we were drawn to the financial services industry and how we learned to manage our money. Aside from being a more personal episode, our goal is for you to understand more about our industry and have some takeaways that apply to your own life and get you thinking about what you want from it.

As always, please consider sharing this episode with a friend, family member, or coworker. We appreciate your support as listeners!

For questions, comments, and topics, you can email us at [email protected].

Social comparison is everywhere, but how does it affect your finances? Today we're diving into the topic of comparison--how common is it for millennials and Gen Z to compare their financial situations? What are some potential negative effects of comparing your finances to others? What are strategies to avoid overuse of comparision? Are there benefits to discussing finances with friends, or should you keep it confidential?

We'll talk about what really matters when it comes to forging your own path of financial success and provide a few examples to ponder.

As always, please consider sharing this episode with a friend, family member, or coworker. We appreciate your support as listeners!

For questions, comments, and topics, you can email us at [email protected].

Annuities are not the simplest of investments to understand—yet they are definitely worth understanding! So today we're going to discuss annuities, how they work, in what cases they make sense to buy—and when they don't. We'll also discuss the questions you should ask before buying an annuity: How do I buy one? How are they taxed?

We hope this episode brings you a much better understanding of what annuities are, and how they work as a tool in your financial toolkit.

As always, please consider sharing this episode with a friend, family member, or coworker. We appreciate your support as listeners!

For questions, comments, and topics, you can email us at @[email protected].

January is typically the time when people are thinking about goals for the year ahead. And a key component to accomplishing those goals is budgeting—one of our favorite topics! Join us as we discuss what we found interesting as we reviewed our 2023 budgets, and how we're thinking about our budgets in 2024. We'll also touch on the demise of Mint as a free online tool, cash flow thoughts from listeners, and share some helpful tips as you work on honing your own planning process.

As always, please consider sharing this episode with a friend, family member, or coworker. We appreciate your support as listeners!

For questions, comments, and topics, you can email us at [email protected].

Anastasia announces an unanticipated quick break in the podcast after sad family news.

For questions and comments, you can email us at [email protected].

Why is it that negative headlines get way more attention than positive headlines?

Join us as we revisit The Psychology of Money by Morgan Housel to discuss the chapter titled "The Seduction of Pessimism" and share our thoughts on the recent market downturn. We'll also cover a recent Barron's article titled "The Economic Cost of Unhappiness," which contemplates how the unhappiness prevalent among young Americans may impact the wider economy. Finally, we'll close out our discussion with why it pays to stay optimistic.

As always, please consider sharing this episode with a friend, family member, or coworker. We appreciate your support as listeners!

For questions, comments, and topics, you can email us at @[email protected].

Raising kids is one of the most rewarding experiences in life. But it also comes with financial responsibilities and challenges—from diapers to daycare, and from college savings to family vacations. In this episode, we discuss the financial considerations that accompany starting a family. We explore budgeting, saving and investing for your children's future, finding affordable childcare and education options, as well as insurance and estate planning to create a robust financial safety net for your family.

Whether you're already a parent, thinking about becoming one, or just curious about the financial side of parenthood, join us as we guide you through this financial journey and provide clear takeaways. Ready to discover how to afford raising kids without breaking the bank? Listen now!

As always, please consider sharing this episode with a friend, family member, or coworker. We appreciate your support as listeners!

For questions, comments, and topics, you can email us at @[email protected].

Why does getting wealthy and staying wealthy involve two different skill sets? Author of The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness, Morgan Housel says, "There are a million ways to get wealth, but only one way to stay wealthy." Join us today as we focus on a few particularly enlightening chapters from Housel's book, which is filled with rich wisdom and interesting examples. Together we'll wrap our minds around his fascinating insights on the psychology of money.

As always, please consider sharing this episode with a friend, family member, or coworker. We appreciate your support as listeners!

For questions, comments, and topics, you can email us at @[email protected].

Join us today as we provide an update on the progress of the Federal Reserve's journey to reduce inflation. We'll explore the implications of recent union strikes, the transformative role of artificial intelligence in the job landscape, and share savvy tips to navigate these soaring prices.

As always, please consider sharing this episode with a friend, family member, or coworker. We appreciate your support as listeners!

For questions, comments, and topics, you can email us at @[email protected].

Younger generations are estimated to inherit as much as $70 trillion worth in wealth over the next 20 years. The questions are, what do you do with this money? How do you best honor the legacy of the inheritance while applying it in a way that aligns with your goals and values? Bill discusses what he's seen over his career of the five categories of adult children receiving an inheritance. He also shares how he reacted to his own inheritance. He walks though how he works with investing advisory clients who have received an inheritance. Anastasia shares a minor (minor!) spoiler for the Barbie (2023) movie.

For questions, comments, or topics, you can email us at [email protected].