Whether it's a lottery win, an inheritance, or a work bonus, a windfall can feel like a dream come true, but mishandling it can quickly turn it into a financial nightmare. We dive into the crucial first steps you need to take, understanding the tax implications, setting meaningful financial goals, and creating a solid plan to protect and grow your newfound fortune. And learn about the common pitfalls that can derail even the best intentions. 

Get the full show notes, show references, and more information here: https://www.insideoutmoney.org/111-how-to-handle-a-windfall-protect-your-future-fortune/

Raising kids is tough, but raising financially responsible and aware kids is quite simple, and you can do it! This week, I am joined by a special teenager co-host, my 16-year-old step-daughter Maddie, as we discuss how and when to set financial expectations with kids. From limiting the volume of toys to comparison shopping to the realities of car insurance and college, we’re sharing real-life strategies and experiences to prove it’s never too early (or too late) to raise financially savvy kids. Get ready for practical tips and a teenager's perspective on growing up with open conversations about money.

Get the full show notes, show references, and more information here: https://www.insideoutmoney.org/110-raising-financially-responsible-kids-setting-financial-expectations-at-every-age-with-a-special-teenage-co-host/

Buckle up for some exciting news from co-host Andrew! Andrew shares what is next for him after 25 years in Corporate America, and it might not be what you think! Andrew shares the journey that led him to this pivotal moment, from early FIRE aspirations to pandemic-fueled perspective shifts to navigating his next chapter. Andrew explores intriguing paths ahead and what’s on his mind as he figures out his next adventure.

Get the full show notes, show references, and more information here: https://www.insideoutmoney.org/109-andrews-big-news-whats-next-and-why-its-not-early-retirement/

It takes time to improve your finances, and you're not alone if you feel like there’s never enough. We’re diving into the reality of time constraints, with actionable strategies for the busy and overwhelmed. Discover how to use Parkinson’s Law for good, the high cost of inaction, why you should focus on the important vs. the urgent, the importance of mindset, and much more. 

Get the full show notes, show references, and more information here: https://www.insideoutmoney.org/108-reclaim-your-time-and-money-actionable-strategies-for-the-overwhelmed/

When I grew up, finding financial opinions and advice felt hard. Now we’re saturated with it, but is that a good thing!? We discuss the murky waters of social media financial influencers, aka finfluencers, and explore the good, the bad, and the downright misleading. We unpack what it means to be a finance enthusiast versus an influencer, question the lack of regulation, and equip listeners with a critical lens to discern credible guidance from online noise.

Get the full show notes, show references, and more information here: https://www.insideoutmoney.org/107-finfluencers-yuck-wait-is-that-what-we-are/

The concept of FIRE isn’t one-size-fits-all, so we dive into the various types of FIRE that have been popularized. The ability to name your type of FIRE can help you find the right community and ongoing motivation for your financial goals. We share the math of the ultra-frugal Lean FIRE to the luxurious Fat FIRE and all the flavors in between. Aligning your financial goals with a lifestyle that resonates with you can make the path to financial independence more attainable and enjoyable. 

Get the full show notes, show references, and more information here: https://www.insideoutmoney.org/106-find-your-fire-lean-fi-fat-fi-coast-fi-barista-fi-and-more-which-fire-is-right-for-you/

Companies are using manipulative marketing tactics to keep us buying more and more. The endless consumption is becoming exhausting on our minds and our wallets, all while the economy feels increasingly unstable, so let’s take back control! This episode dives into why we keep buying more stuff we don’t need and the environmental impact of those actions. We wrap it up with a much-needed pep talk to break the cycle and stop buying stupid sh*t, so you can reclaim your financial power and find true happiness in experiences and connections. Remember, in a world that often feels out of control, discretionary spending is the one thing you can control.

Get the full show notes, show references, and more information here: https://www.insideoutmoney.org/105-why-we-keep-buying-stuff-we-dont-need-and-how-to-do-better/

We heard ASMR is all the rage, so we’re excited to introduce you to Wealth Whispers. Enjoy the soothing voices of Maggie and Liz walking you through a financial checklist to get you on the right financial path, with ASMR to heighten the journey.  Y'all... this is an APRIL FOOL'S joke that's way too long for an April's fools joke... listen at your own risk!

Get the full show notes, show references, and more information here: https://www.insideoutmoney.org/104-wealth-whispers-asmr-your-way-thru-this-financial-checklist/

Borrowing and lending items with friends and family can be stressful, but we’re here to help you navigate it logically, without any drama, but maybe with a few laughs. We dive into the delicate balance of borrowing and lending everything from cars, clothes, money, mascara, and more. We explore the role of trust, open communication, the importance of setting boundaries, and how to gracefully decline a request without making it too awkward or adding stress to your relationships. We also somehow get into a discussion about pets and can’t stop laughing. 

Get the full show notes, show references, and more information here: https://www.insideoutmoney.org/103-borrowing-boundaries-financial-etiquette-for-borrowing-stuff-from-money-to-mascara/

Stock market volatility, job security concerns, high inflation, and tariffs dominate headlines, leaving us all uncertain. We break down key economic indicators, from GDP to consumer confidence to interest rates. More importantly, we share how this matters for your everyday life and financial future. We hope this episode creates a sense of calm amidst many trying to sensationalize the current environment and allows you to distinguish the noise from what matters. Let this remind you to stay calm, control what you can control, and maintain a long-term perspective on investing.

Get the full show notes, show references, and more information here: https://www.insideoutmoney.org/102-beyond-the-headlines-making-sense-of-inflation-tariffs-and-your-investment-strategy/