Do you really need life insurance? What factors impact your life insurance decisions?

00:00 - Intro

00:38 - Introducing Ben Krapu - Financial Advisor for Knights of Columbus

00:59 - Most Important Insurance Policies

02:20 - Is Life Insurance Essential For Everyone?

03:12 - Term vs Permanent Life Insurance

04:13 - Shopping Around - What to Look For?

07:26 - The Claim Process

10:36 - Is to Get Too Much Life Insurance Possible?

16:14 - Personal Life Insurance Philosophies

19:34 - Blanket Advice from the Internet

23:44 - Different Term Life Insurance Strategies

25:40 - Protecting Your Insurability

30:59 - Get Motivated to for Life Insurance

34:06 - Consequences

36:38 - Learn More About Ben and the Knights of Columbus

In Episode 66 of the HopeFilled Financial Podcast, Jay interviews Ben Krapu, a financial advisor with the Knights of Columbus. Together, they discuss the need for life insurance and what you might need to know. Life insurance is a challenging topic to think about, but it can be an essential building block to your financial well-being. There are many types of life insurance products out there, and it is important for you to understand what will serve you best in your exact situation. This interview is a great introduction to the topic. What did you learn from today's episode?

Links:

More About the Knights of Columbus: https://www.kofc.org/en/what-we-do/insurance/index.html

More About Ben: https://info.kofcassetadvisors.org/Meet-Ben-Krapu.html

Please don't forget to like, share, and subscribe! Doing so helps us grow and share HopeFilled financial wisdom. We release a new episode every Tuesday! Subscribe if you don't ever want to miss an episode! You can submit a question on our website (hopefilledfinancial.com) or message us on Facebook (@HopeFilledFinancial).

Disclaimer: This podcast serves as educational entertainment only. Any and all opinions relating to real estate, law, taxes, insurance, and/or securities investing that may be contained within this podcast should not be interpreted or implemented as recommendations nor advice. The opinions related to these topics – especially those regulated by state and/or federal entities – should never be taken as replacement for advice from a competent, licensed professional. HopeFilled Financial Coaching is not liable for any individual acting on any understanding of topics directly or indirectly related to real estate, legal practice, taxes, insurance, or investing even if an individual in question changed their understanding after listening to this podcast. All listeners are entirely responsible for seeking advice from licensed professionals before taking any action of their own.

Our Website: HopeFilledFinancial.com 

Music: "Take Me Higher" by Jahzzar

Music Copyright License: This music is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by-sa/4.0/ or send a letter to Creative Commons, PO Box 1866, Mountain View, CA 94042, USA.

How does inflation affect your retirement withdrawal strategy? Does inflation really matter??   00:00 - Intro 00:48 - The Comment That Caused My New Study 07:55 - Results of Time-Varied Inflation Study   In today's story, Jay shares the inspiration for his new retirement study - YOU! A comment on the "I Called Dave Ramsey..." video (https://youtu.be/F4X1l2HfA2c) sparked a conversation that lead to Jay completing a new retirement simulation study using time-varied inflation. Your comments can truly impact this podcast!   The main topic is the results of Jay's new Time-Varied Inflation study. He reveals the differences and not-so-differences between using a flat rate for inflation vs using historical data for inflation and how your retirement strategy might affect the outcome of your nest egg.   Please don't forget to like, share, and subscribe! Doing so helps us grow and share HopeFilled financial wisdom. We release a new episode every Tuesday! Subscribe if you don't ever want to miss an episode! You can submit a question on our website (hopefilledfinancial.com) or message us on Facebook (@HopeFilledFinancial).   Disclaimer: This podcast serves as educational entertainment only. Any and all opinions relating to real estate, law, taxes, insurance, and/or securities investing that may be contained within this podcast should not be interpreted or implemented as recommendations nor advice. The opinions related to these topics – especially those regulated by state and/or federal entities – should never be taken as replacement for advice from a competent, licensed professional. HopeFilled Financial Coaching is not liable for any individual acting on any understanding of topics directly or indirectly related to real estate, legal practice, taxes, insurance, or investing even if an individual in question changed their understanding after listening to this podcast. All listeners are entirely responsible for seeking advice from licensed professionals before taking any action of their own.   Our Website: HopeFilledFinancial.com   Music: "Take Me Higher" by Jahzzar   Music Copyright License: This music is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by-sa/4.0/ or send a letter to Creative Commons, PO Box 1866, Mountain View, CA 94042, USA.

Does a child need life insurance? What other insurances DON'T you need?

00:00 - Intro

00:57 - Gerber Life Grow-Up Plan Lawsuit! (Story)

17:46 - Top 10 Redundant Insurance Products (Main Topic)

17:54 - #1 Whole Life For Children

20:33 - #2 Accident

22:57 - #3 Accidental Death and Dismemberment

25:33 - #4 Mortgage Life

28:56 - #5 Hospital Indemnity 

31:45 - #6 Cancer

34:20 - #7 Gap

37:03 - #8 Rental Car

38:42 - #9 Windshield Repair

40:25 - #10 Home Warranty

In today's story, Jay explores the lawsuit against Gerber Life for their Grow-Up Plan's allegedly "misleading" advertisements. What is the Gerber Life Grow-Up Plan? Why were the ads allegedly "dishonest"? What was the final verdict on the case? Did Gerber Life win or lose? What does this have to do with YOU? Find out in today's story!

The main topic is a count down of the "Top 10 Redundant Insurance Policies" that Jay does not have. You probably don't need these either... If you are looking to cut costs for your insurance premiums, consider abandoning some of these policies all together. This can be a small help or a game changer for HopeFilled FootStep #2.

As explored in the episode, insurance is intended to defer undue risk that you cannot take on yourself. If the risk is not undue, or you can handle the risk on your own, then is the insurance needed? If the insurance is redundant to another policy, but more limiting, is it needed?

Links covered in today's story:

Classic Gerber Ad: https://www.youtube.com/watch?v=LMF7nMhYwXo

Gerber Life Grow-Up Website: https://www.gerberlife.com/child-life-insurance/grow-up-plan

Dave Ramsey Blows a Gerber Gasket: https://www.youtube.com/watch?v=4c8RH0ZjftM

The Gerber Life College Plan Ad: https://www.youtube.com/watch?v=JC8eD8Af2XU

The Gerber Life College Plan FAQ: https://www.youtube.com/watch?v=LlfCNII8qFU

Business Insider on Gerber Life: https://www.businessinsider.com/gerber-college-savings-plan-2014-6

The Gerber Life College Plan Website: https://www.gerberlife.com/saving-for-college/college-plan

The Ring of Fire Gerber Life Lawsuit Coverage: https://www.youtube.com/watch?v=sAdMC9dhGLk

Westlaw Today Judge's Verdict: https://today.westlaw.com/Document/I344b262d76f411ebbea4f0dc9fb69570/View/FullText.html?transitionType=Default&contextData=(sc.Default)&firstPage=true

Links covered in today's main topic:

Business Insider on Cild Life Insurance 1: https://www.businessinsider.com/personal-finance/life-insurance-for-children?op=1

Business Insider on Cild Life Insurance 2: https://www.businessinsider.com/do-children-need-life-insurance-2014-6

Policygenius on Accident Insurance: https://www.policygenius.com/disability-insurance/what-is-accident-insurance/

Nerdwallet on Accidental Death: https://www.nerdwallet.com/article/insurance/life-insurance-accidental-death

USAA on Mortgage Life Insurance: https://www.usaa.com/inet/wc/advice-insurance-a-guide-to-mortgage-life-insurance?akredirect=true

Forbes Asvisor on Hospital Indemnity Insurance: https://www.forbes.com/advisor/health-insurance/hospital-indemnity-insurance/

HealthInsurance.org on Cancer Insurance: https://www.healthinsurance.org/supplemental-products/cancer-insurance/#:~:text=How%20does%20cancer%20insurance%20work,use%20as%20they%20see%20fit.

Nerdwallet on Gap Insurance: https://www.nerdwallet.com/article/insurance/gap-insurance

Car and Driver on Rental Car Insurance: https://www.caranddriver.com/car-insurance/a32500214/should-i-get-rental-car-insurance/

Forbes Advisor on Windshield Insurance: https://www.forbes.com/advisor/car-insurance/windshield-repair/

US.News on Home Warranties: https://www.usnews.com/360-reviews/services/home-warranty/how-does-home-warranty-work

Please don't forget to like, share, and subscribe! Doing so helps us grow and share HopeFilled financial wisdom. We release a new episode every Tuesday! Subscribe if you don't ever want to miss an episode! You can submit a question on our website (hopefilledfinancial.com) or message us on Facebook (@HopeFilledFinancial).

Disclaimer: This podcast serves as educational entertainment only. Any and all opinions relating to real estate, law, taxes, insurance, and/or securities investing that may be contained within this podcast should not be interpreted or implemented as recommendations nor advice. The opinions related to these topics – especially those regulated by state and/or federal entities – should never be taken as replacement for advice from a competent, licensed professional. HopeFilled Financial Coaching is not liable for any individual acting on any understanding of topics directly or indirectly related to real estate, legal practice, taxes, insurance, or investing even if an individual in question changed their understanding after listening to this podcast. All listeners are entirely responsible for seeking advice from licensed professionals before taking any action of their own.

Our Website: HopeFilledFinancial.com 

Music: "Take Me Higher" by Jahzzar

Music Copyright License: This music is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by-sa/4.0/ or send a letter to Creative Commons, PO Box 1866, Mountain View, CA 94042, USA.

Why is Health Insurance so expensive!? Are there any alternatives?

00:00 - Intro

00:23 - My Switch to a Health Care Sharing Ministry

09:44 - What Are Health Care Sharing Ministries? - Investopedia

In today's story, Jay describes what prompted him to switch to a Health Care Sharing Ministry to defer his risk of the #1 reason for bankruptcy - medical bills. Jay's health insurance offered a very high premium for an outrageously astronomical deductible - risk was not deferred properly. This left Jay searching for a solution to protect his new family.

The main topic is a review of the article "What Are Health Care Sharing Ministries? (HCSMs)" by Investopedia (https://www.investopedia.com/what-are-health-care-sharing-ministries-hcsm-5207450). Jay's commentary on the article should help you know what to research if you are considering a Health Care Sharing Ministry to cover your medical risks. One thing excluded from this article, that you should know about, is that an HCSM will not give you access to an HSA. If having an HSA is a big part of your plan, and HCSM may not be for you. 

Please don't forget to like, share, and subscribe! Doing so helps us grow and share HopeFilled financial wisdom. We release a new episode every Tuesday! Subscribe if you don't ever want to miss an episode! You can submit a question on our website (hopefilledfinancial.com) or message us on Facebook (@HopeFilledFinancial).

Disclaimer: This podcast serves as educational entertainment only. Any and all opinions relating to real estate, law, taxes, insurance, and/or securities investing that may be contained within this podcast should not be interpreted or implemented as recommendations nor advice. The opinions related to these topics – especially those regulated by state and/or federal entities – should never be taken as replacement for advice from a competent, licensed professional. HopeFilled Financial Coaching is not liable for any individual acting on any understanding of topics directly or indirectly related to real estate, legal practice, taxes, insurance, or investing even if an individual in question changed their understanding after listening to this podcast. All listeners are entirely responsible for seeking advice from licensed professionals before taking any action of their own.

Our Website: HopeFilledFinancial.com 

Music: "Take Me Higher" by Jahzzar

Music Copyright License: This music is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by-sa/4.0/ or send a letter to Creative Commons, PO Box 1866, Mountain View, CA 94042, USA.

Are you in control of your money, or does your money control you?? Find out how to TAKE CONTROL in this episode about HopeFilled Financial FootStep #2.   00:00 - Intro 00:36 - How Good Strategies Helped Me (Story) 07:04 - Overcoming Failure (ft. Improvement Pill) 12:22 - HopeFilled FootStep #2 - Take Control (Main Topic)   Today's story is about how trying to increase finite willpower left Jay binging after a 30 day diet. If our willpower is a finite resource, what can we do to actually succeed? Can we apply a strategy in our schedule or environment that reduces the willpower we need to have to succeed? The Improvement Pill video (www.youtube.com/watch?v=9oqWlUfxmn0) helps us expand our understanding of failure, success, and strategy.   HopeFilled Financial FootStep #2 is called "Take Control." In order for you to have success with your money, you need to be telling it what to do, not the other way around. You need a foundation and a strategy that is strong. If you have control of your money, you can reduce your risks of failure. The key steps to taking control are 1) Learn How To Budget 2) Update Insurance 3) Stop Adding Debt 4) Don't Go Alone 5) Begin with the End in Mind and 6) Know Your "Why."   If you need motivation to start budgeting, check out this episode: https://www.youtube.com/watch?v=GUu2RRQwjTM&t=0s   If you need a deep dive into budgeting, check out this episode: https://www.youtube.com/watch?v=byiocGDfdmk&list=PLo6Zlf1BSGrZGUYSkL8pyhTZHY7xtJbXx&index=2   Please don't forget to like, share, and subscribe! Doing so helps us grow and share HopeFilled financial wisdom. We release a new episode every Tuesday! Subscribe if you don't ever want to miss an episode! You can submit a question on our website (hopefilledfinancial.com) or message us on Facebook (@HopeFilledFinancial).   Disclaimer: This podcast serves as educational entertainment only. Any and all opinions relating to real estate, law, taxes, insurance, and/or securities investing that may be contained within this podcast should not be interpreted or implemented as recommendations nor advice. The opinions related to these topics – especially those regulated by state and/or federal entities – should never be taken as replacement for advice from a competent, licensed professional. HopeFilled Financial Coaching is not liable for any individual acting on any understanding of topics directly or indirectly related to real estate, legal practice, taxes, insurance, or investing even if an individual in question changed their understanding after listening to this podcast. All listeners are entirely responsible for seeking advice from licensed professionals before taking any action of their own.   Our Website: HopeFilledFinancial.com   Music: "Take Me Higher" by Jahzzar   Music Copyright License: This music is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by-sa/4.0/ or send a letter to Creative Commons, PO Box 1866, Mountain View, CA 94042, USA.

What is your investment mindset? Do you the Decade Investor is right about having a long-term mindset? How can you shift mindset if you want it to change?

00:00 - Intro

00:44 - Welcome: The Decade Investor

00:52 - How Jay and Kolin Got Connected

02:12 - What is Unique About Kolin's Story

03:52 - How to Make Investing Spicy

06:20 - Next Steps For Kolin's Career

08:04 - What Motivates Kolin

09:58 - Kolin's Investing Philosophy

12:08 - How to Know a Your Financial Foundation is Healthy

15:00 - How to Limit Lifestyle Spending

18:53 - Where did "Decade Investor" Come From

20:02 - Shifting From Short-Term to Long-Term Thinking

22:33 - Getting Into vs Keeping a Long-Term Mindset

26:46 - Top 3 Habits to Better Your Future

In Episode 61 of the HopeFilled Financial Podcast, Jay interviews Kolin, the Decade Investor! Kolin shares his investing philosophy and tips for thinking with long-term mindset. If you want to see more collaboration between HopeFilled and the Decade Investor, let us know what we should discuss next!

Follow the Decade Investor here:

Youtube/Podcast: https://youtube.com/@DecadeInvestor?si=y19xHuZ3RdvU3lA2

X/Twitter: https://x.com/DecadeInvestor?s=20

Please don't forget to like, share, and subscribe! Doing so helps us grow and share HopeFilled financial wisdom. We release a new episode every Tuesday! Subscribe if you don't ever want to miss an episode! You can submit a question on our website (hopefilledfinancial.com) or message us on Facebook (@HopeFilledFinancial).

Disclaimer: This podcast serves as educational entertainment only. Any and all opinions relating to real estate, law, taxes, insurance, and/or securities investing that may be contained within this podcast should not be interpreted or implemented as recommendations nor advice. The opinions related to these topics – especially those regulated by state and/or federal entities – should never be taken as replacement for advice from a competent, licensed professional. HopeFilled Financial Coaching is not liable for any individual acting on any understanding of topics directly or indirectly related to real estate, legal practice, taxes, insurance, or investing even if an individual in question changed their understanding after listening to this podcast. All listeners are entirely responsible for seeking advice from licensed professionals before taking any action of their own.

Our Website: HopeFilledFinancial.com

Music: "Take Me Higher" by Jahzzar

Music Copyright License: This music is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by-sa/4.0/ or send a letter to Creative Commons, PO Box 1866, Mountain View, CA 94042, USA.

Are you or someone you know expecting a baby? Are you overwhelmed by the expected costs? What do you REALLY need for a baby anyway?

00:00 - Intro

01:27 - Top 3 Ways We Frugally Prepared For A Baby

06:42 - What We Did For Baby #1 That We Don't Need For Baby #2

07:31 - An Expense We Paid For Baby #1 That We Don't Want To Pay Again

10:38 - Top 3 FREE Things Parents Can Do To Prepare

15:54 - What I Bought That Went Unused

18:27 - Advice For The Parent Overwhelmed By Future Costs

29:20 - HopeFilled Advice For Parents From The Heart

Jay and Amanda share their stories from having their first child and what they plan to do differently with their second. These tips will leave you laughing, crying, and hopeful. Please share this with all the expecting parents you know, and let us know what you found helpful in the comments.

Please don't forget to like, share, and subscribe! Doing so helps us grow and share HopeFilled financial wisdom. We release a new episode every Tuesday! Subscribe if you don't ever want to miss an episode! You can submit a question on our website (hopefilledfinancial.com) or message us on Facebook (@HopeFilledFinancial).

Disclaimer: This podcast serves as educational entertainment only. Any and all opinions relating to real estate, law, taxes, insurance, and/or securities investing that may be contained within this podcast should not be interpreted or implemented as recommendations nor advice. The opinions related to these topics – especially those regulated by state and/or federal entities – should never be taken as replacement for advice from a competent, licensed professional. HopeFilled Financial Coaching is not liable for any individual acting on any understanding of topics directly or indirectly related to real estate, legal practice, taxes, insurance, or investing even if an individual in question changed their understanding after listening to this podcast. All listeners are entirely responsible for seeking advice from licensed professionals before taking any action of their own. 

Our Website: HopeFilledFinancial.com

Music: "Take Me Higher" by Jahzzar

Music Copyright License: This music is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by-sa/4.0/ or send a letter to Creative Commons, PO Box 1866, Mountain View, CA 94042, USA.

Have you ever wondered if Whole Life Insurance is right for you? What are the pros and cons? Is there anything wrong with term life insurance?

00:00 - Intro

01:00 - Rob Gills video reaction

05:44 - Joshua's Story video reaction

15:13 - Forbes Advisor Article review

27:44 - Money Guy video reaction

32:41 - Two Cents video reaction

35:17 - Consumer Reports article review

36:43 - White Coat Investor article review

40:30 - What I'm Doing For My Life Insurance

41:47 - Closing Statements

Today's story reviews a sales pitch for whole life insurance followed by a heartbreaking story about how Joshua made a $20,000 mistake with his life insurance. The lessons learned from the contrast speaks volumes.

Today's main topic covers life insurance, whole vs term, and Jay's personal life insurance plan. Life insurance is an essential part of healthy finances, but not every life insurance product is a need. Your situation will dictate what you need. It is important that you can identify what wants you may have for life insurance beyond those needs, and that you firmly clarify them as genuine wants.

To kick things off, Jay reviews a solid Forbes Advisor article to establish the main differences between term and whole life insurance options. Next, we turn to the Money Guy show where they recommended a whole life product. For example purposes, Jay included a "run the numbers" case study from the PBS show Two Cents. Lastly, before sharing his plan, the White Coat Investor has a good bit to say on this topic that will largely make for good continued reading.

These are the links to sources used in this episode:

Rob Gills Video: https://www.youtube.com/watch?v=JFZRwkl9xd0&t=68s

Joshua's Story: https://www.youtube.com/watch?v=Y_V6n3GZFVA

Forbes Advisor Article: https://www.forbes.com/advisor/life-insurance/term-life-vs-whole-life-insurance/

Money Guy Show Clip: https://www.youtube.com/watch?v=ed7IIE9pRW4

Two Cents Example: https://www.youtube.com/watch?v=AgBhy8iXjpI

Consumer Reports Study: https://www.consumerreports.org/cro/news/2015/04/is-whole-life-insurance-right-for-you/index.htm

White Coat Investor Article: https://www.whitecoatinvestor.com/debunking-the-myths-of-whole-life-insurance/

Please don't forget to like, share, and subscribe! Doing so helps us grow and share HopeFilled financial wisdom. We release a new episode every Tuesday! Subscribe if you don't ever want to miss an episode! You can submit a question on our website (hopefilledfinancial.com) or message us on Facebook (@HopeFilledFinancial).

Disclaimer: This podcast serves as educational entertainment only. Any and all opinions relating to real estate, law, taxes, insurance, and/or securities investing that may be contained within this podcast should not be interpreted or implemented as recommendations nor advice. The opinions related to these topics – especially those regulated by state and/or federal entities – should never be taken as replacement for advice from a competent, licensed professional. HopeFilled Financial Coaching is not liable for any individual acting on any understanding of topics directly or indirectly related to real estate, legal practice, taxes, insurance, or investing even if an individual in question changed their understanding after listening to this podcast. All listeners are entirely responsible for seeking advice from licensed professionals before taking any action of their own.

Our Website: HopeFilledFinancial.com

Music: "Take Me Higher" by Jahzzar

Music Copyright License: This music is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by-sa/4.0/ or send a letter to Creative Commons, PO Box 1866, Mountain View, CA 94042, USA.

You are getting out of debt, but something goes wrong. Dave Ramsey's Baby Step #1 is to save $1000 before paying off debt. Is this enough? The Money Guy FOO #1 is to save up your insurance detectable for starters. Is that too much?

00:00 - Roadmap/Intro

00:35 - My Engine Mount Fallout

07:22 - YOUR Starter Emergency Fund - HopeFilled Footstep #1

Today's story describes how 3 major unplanned financial "emergencies" popped up all at the same time - leading Jay to delay fixing a collapsed engine mount for over a year! Was this safe? Was this wise? Was this frugal?

The main topic walks through HopeFilled Footstep #1: YOUR Starter Emergency Fund. How much do you need in your starter emergency fund? Where should you keep that money? What is the number 1 key to saving up your emergency fund? All these questions and more will be answered to help you take a step in the right direction for your HopeFilled Financial Future.

Please don't forget to like, share, and subscribe! Doing so helps us grow and share HopeFilled financial wisdom. We release a new episode every Tuesday! Subscribe if you don't ever want to miss an episode! You can submit a question on our website (hopefilledfinancial.com) or message us on Facebook (@HopeFilledFinancial).

Disclaimer: This podcast serves as educational entertainment only. Any and all opinions relating to real estate, law, taxes, insurance, and/or securities investing that may be contained within this podcast should not be interpreted or implemented as recommendations nor advice. The opinions related to these topics – especially those regulated by state and/or federal entities – should never be taken as replacement for advice from a competent, licensed professional. HopeFilled Financial Coaching is not liable for any individual acting on any understanding of topics directly or indirectly related to real estate, legal practice, taxes, insurance, or investing even if an individual in question changed their understanding after listening to this podcast. All listeners are entirely responsible for seeking advice from licensed professionals before taking any action of their own.

Our Website: HopeFilledFinancial.com

Music: "Take Me Higher" by Jahzzar

Music Copyright License: This music is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by-sa/4.0/ or send a letter to Creative Commons, PO Box 1866, Mountain View, CA 94042, USA.

Which financial plan is right for YOU? Baby Steps? Financial Order of Operations? HopeFilled Financial Footsteps? 7Eleven...

00:00 - Roadmap/Intro

00:52 - 7Eleven's Chilling Story

06:39 - Are Dave Ramsey's Baby Steps TOO Old?

15:00 - The Money Guy FOO Fighting!

23:48 - YOUR HopeFilled Financial Footsteps :)

Today's story highlights 7Eleven's humble beginnings and their accidentally genius business pivot. 7Eleven used to only sell one thing. Without a business plan update, the growing popularity of the refrigerator would have ended the company. In our financial lives, can we use this story to inspire flexibility or pivots in our plans?

Our main topic goes over 3 financial plans that can inspire your personal financial journey. Jay reviews Dave Ramsey's Baby Steps, The Money Guy's Financial Order of Operations, and YOUR HopeFilled Financial Footsteps. Which one is right for you? Can you learn from more than one? Are there other financial plans that you follow? Let us know in the comments!

Please don't forget to like, share, and subscribe! Doing so helps us grow and share HopeFilled financial wisdom. We release a new full episode every Tuesday!

Disclaimer: This podcast serves as educational entertainment only. Any and all opinions relating to real estate, law, taxes, insurance, and/or securities investing that may be contained within this podcast should not be interpreted or implemented as recommendations nor advice. The opinions related to these topics – especially those regulated by state and/or federal entities – should never be taken as replacement for advice from a competent, licensed professional. HopeFilled Financial Coaching is not liable for any individual acting on any understanding of topics directly or indirectly related to real estate, legal practice, taxes, insurance, or investing even if an individual in question changed their understanding after listening to this podcast. All listeners are entirely responsible for seeking advice from licensed professionals before taking any action of their own. 

Our Website: HopeFilledFinancial.com 

Music: "Take Me Higher" by Jahzzar

Music Copyright License: This music is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/b... or send a letter to Creative Commons, PO Box 1866, Mountain View, CA 94042, USA.