It's All About the $Money, Honey!

By Victoria Woods

What's It's All About the $Money, Honey! about?

It's the show where fun meets finance. Join The Financial Diva, Victoria Woods, and the King of Finance, Damon King, each week for tips on how to Rock Your Retirement!

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It's All About the $Money, Honey! episodes:

06.03.2024
Episode 174: The Power of Protection
Perhaps more than any other financial strategy, there seems to be a deep love-hate relationship when it comes to insurance. We hate paying for it when we don't use it, but love it when we need it to save us...
05.28.2024
Episode 173: 5 More Crucial Retirement Decisions
Our recent episode on 5 crucial retirement decisions you will have to make was so popular that we decided to follow it up with 5 more crucial retirement decisions. In this episode, we discuss retirement decisions ranging from tax minimization...
05.17.2024
Episode 172: Rethinking 4 Retirement Assumptions
In order to plan for retirement, you have to make some assumptions about the future. These include assumptions like how long you’ll live, the rate of inflation, and the expected rate of return you'll get. Some assumptions you make from...
05.13.2024
Episode 171: 5 Crucial Retirement Decisions
Before and during retirement, there are massive decisions you will have to make and many of these can only be made one time. Unfortunately, the consequences of getting them wrong range from minor to catastrophic. In this episode, we discuss...
05.06.2024
Episode 170: Staying Calm in a Crazy Market
“The stock market is a device to transfer money from the impatient to the patient.” – Warren Buffett Dealing with volatility is the price of admission for future returns. If you want to reap the wealth the market can provide,...
04.29.2024
Episode 169: 3 Keys That Will Keep You Wealthy
At the beginning of each show, you hear us say “It’s not what you earn, but what you keep.” Becoming wealthy takes work, discipline, and planning – but believe it or not, that’s actually the easy part. Staying wealthy is...
04.22.2024
Episode 168: Millionaire Money Mistakes
We spend lots of time sharing what Millionaires are doing right so you can do what they do. However, perhaps even more instructive than what Millionaires do right is what they do wrong. Nobody's perfect and Millionaires make mistakes just...
04.22.2024
Episode 167: Avoiding The Estate Tax Trap
Beginning January 2026, the amount of wealth you can pass to heirs before triggering the dreaded estate tax is falling from more than $13 million per person to around $5 million. This means far more wealthy American families will be...
04.10.2024
Episode 166: The All Terrain Retirement Plan
Retiring is usually a one-day affair. You simply stop working. They throw you a party and that’s it. However, RETIREMENT is a marathon that spans 30+ years. This means that your retirement plan needs to be designed to navigate every...
04.01.2024
Episode 165: The Silent Killer In Retirement
The idea of a perfect retirement is different for everyone. However, there is one aspect of retirement planning that impacts, quite literally, everyone. It is the silent killer in your retirement plan, and each year, it slowly but inexorably eats...
03.25.2024
Episode 164: Selling Your Family Business
Private, family-owned businesses are the source of a large percentage of the $50 trillion expected to pass from Baby Boomers to their heirs over the next 10 to 15 years. They can also be the source of some of the...
03.25.2024
Episode 163: Unintended Financial Consequences
Considering the number of decisions you'll have to make as you prepare for retirement, it's not a surprise that there are often a lot of mistakes made. Many times, a choice you thought was a great one at the time...
03.25.2024
Episode 162: The Retirement Red Zone
In the final few years leading up to retirement, there are dozens of decisions to be made and actions to be taken so you can you stroll into retirement with confidence. So what are they? How will you know if...
03.25.2024
Episode 161: Our Favorite Tax Reduction Strategies
No one enjoys paying taxes. However, when you do pay them, don't complain about having a large tax bill too much, because it means you earned a lot of income. The thing to do is find ways to reduce, or...
03.06.2024
Episode 160: The Power of Real Estate Investing
As a wealth building asset, real estate checks many boxes. Income production. Appreciation in value. Hedge against stock market volatility. Tax shelter. Legacy planning tool. In this episode, we visit with special guest Carol Hefner, VP at Cedars Commercial Real...
02.26.2024
Episode 159: Understanding Your Investment Statements
If you're an investor, you receive quarterly investment statements. Typically, they are several pages long and crammed with small print and numbers. Do you really need to pay attention to all of it? Which parts are most important to pay...
02.26.2024
Episode 158: Managing Money Transitions
It might seem like life with your money is one continuous journey. In reality, it's a series of transitions from one phase of life to another. Managing your money while in the prime of your career is different from the...
02.05.2024
Episode 157: More Income Means More Taxes
If you're a high-income earner, you are well aware of the fact that you pay more income tax on every dollar you earn. What you might not know about are some other hidden taxes and expenses you can trigger as...
01.29.2024
Episode 156: Replacing Your Paycheck In Retirement
Everyone understands that, to survive retirement, you have to replace the paycheck you gave up when you quit working. What's not as understood is exactly how to do that. In this episode, we'll discuss what you need to know to...
01.22.2024
Episode 155: The True Value of a Financial Advisor
One question most people ask when considering hiring a financial advisor is, "How much does it cost?" However, the real question you want answered is, "What value will a financial advisor add to my life for the fee I pay?"...
01.18.2024
Episode 154: What Your Advisor Should Be Doing For You
For most of our lives, we're focused on investing to grow wealth. Eventually, however, once we've amassed wealth, our focus changes and we are forced to make more decisions. The truth is that many retirement decisions have little to do...
01.18.2024
Episode 153: Resolutions and Goals Are Different
Happy New Year! You've probably spent at least a few minutes thinking about your New Year's Resolutions. Did you know that there is a difference between Resolutions and Goals? In this episode, we share how knowing that difference can help...
01.18.2024
Episode 152: Your 2024 Financial To-Do List
The start of a new year is another opportunity to improve your life. Few things are as important as getting your financial house in order. In this episode, we share some of the key tasks and goals that should be...
01.18.2024
Episode 151: The Key To Making Informed $ Decisions
Unfortunately, financial literacy and education is not widely taught in school. Yet, when we graduate high school and become adults, we are expected to know how the world works. Often, we learn by making lots of mistakes. It doesn't have...
01.18.2024
Episode 150: The Widow's Penalty
There is no shortage of potential financial disasters that can befall us when we least expect them. We are especially vulnerable when dealing with the emotional damage of loss. In this episode, we discuss the "Widow's Penalty" that can cause...
01.15.2024
Episode 149: Smart Money Moves For Millionaires
There are likely thousands of ways to become a Millionaire. However, the things that KEEP someone a Millionaire are surprisingly quite small in number. As anyone with lots of money can tell you, it's not about what you earn, it's...
01.15.2024
Episode 148: Social Security Changes For 2024
Every new year brings changes to major retirement programs and Social Security is certainly no stranger to this. We'll share the key changes to Social Security you need to know for 2024. Plus, there are new scams out there designed...
10.30.2023
Episode 147: $$ Solutions For Millionaires
When you become a Millionaire, you'll likely feel two emotions. First, you'll be thrilled. Second, you'll feel anxious about keeping it! The more money you have, the more important it is to consider all the ways you can grow and...
10.30.2023
Episode 146: Key Financial Concerns For Women
Women have a 90% probability of managing their money by themselves at some point. It's a well-known fact that women tend to outlive men, which means that women will ultimately control most of the wealth in the United States. In...
10.09.2023
Episode 145: Wall Street Doesn't Care About Politics
In 2023, we've seen two near-shutdowns of the U.S. government. The Speaker of the House of Representatives has been voted out of his position for the first time in history. Our nation seems more divided than ever. So what impact...
09.27.2023
Episode 144: Managing A Cash Windfall
There are few things more exhilarating than having a boat load of cash deposited into your bank account. Sometimes, it's expected, like when you sell a business. Other times, it's unexpected, like when you receive a surprise inheritance. Whatever the...
09.18.2023
Episode 143: How To Build Your Dream Retirement
Building the retirement lifestyle of your dreams is a lot like building the house of your dreams. Planning begins long before you move in. From hiring the financial advisor that will design the plans, to choosing the different contractors that...
09.11.2023
Episode 142: Potential Headaches For Business Owners
Owning a business can create the lifestyle of your dreams. It can also create a host of problems when it comes to building your wealth and leaving a legacy to your heirs. In this episode, we explore why business owners...
09.11.2023
Episode 141: 3 Things To Consider When Leaving An Inheritance
You spend 30-40 years accumulating wealth for yourself and your family. As the one who built it, you have great appreciation for how hard it is. What about the next generations who will inherit your wealth? Are you certain they...
09.11.2023
Episode 140: How To Survive Retirement
Surviving retirement (AKA not running out of money) can be boiled down to just one key activity - cash flow management. Knowing how you will generate cash flow, when, and from where will be the primary things on your mind...
08.21.2023
Episode 139: 3 Overlooked Wealth Preservation Strategies
When you become a Millionaire, you won't suddenly stop trying to grow your money. However, you may find that more of your focus is on preserving it now that you've got it. Becoming wealthy is only one half of the...
08.14.2023
Episode 138: Boring, Bland, Beautiful Bonds
To many investors, bonds are considered outcasts. They're boring, bland, and meant for the unadventurous. But don't be fooled. Bonds can check off several key boxes for your retirement plan and if you know how they work, you can optimize...
08.07.2023
Episode 137: Can You Retire In A Recession?
Financially speaking, recession is about as dirty a word as you can find. Even if you don't exactly know what a recession is or how it's triggered, you know it's not good for your retirement savings. Which begs the question...
07.31.2023
Episode 136: Aspiring Millionaires In Focus
For more than two decades, the Great Wealth Transfer has been discussed and dissected every which way. As Baby Boomers retire and age, their Gen X, Millennials, and Gen Z are poised to inherit their legacy. It's vital that the...
07.24.2023
Episode 135: Taxes Impact Everything
There is only one proven way to completely eliminate your tax bill to Uncle Sam. Stop earning income. Short of that, it's impossible to avoid all taxes. However, there are tax reduction strategies you can use in retirement to reduce...
07.17.2023
Episode 134: 3 Wealth Solutions Millionaires Use
Most Millionaires know the best financial plans are not complicated. They are simple, easy to understand, and easy to implement. However, just because something is simple doesn't mean it isn't effective. In fact, the fewer moving parts a plan has,...
07.10.2023
Episode 133: Unleash The Power of Non-Cash Assets
A common misperception is that wealthy people have piles of cash laying around. However, they would tell you the majority of their wealth is tied up in non-cash assets like real estate, businesses, minerals, metals, stocks, and the like. So,...
07.03.2023
Episode 132: Cash Flow Will Always Be King
Everything you want to do or purchase in life requires cash flow. The best portfolio in the world means nothing if the person that owns it doesn't have enough cash in the bank to pay their bills. Cash flow is...
07.03.2023
Episode 131: The Dark Side Of Money
Money is an incredible tool, capable of creating amazing things that benefit and enrich the lives of people all over the world. Money also has a dark side that can turn loved ones against each other and rip families apart....
07.03.2023
Episode 130: Next Generation Wealth Building
The Baby Boomers are the largest generation in U.S. history and they've built up quite a tidy sum of wealth. It's estimated that between 2023 and 2045, $84 trillion in assets will pass to Generation X and Millennials from their...
07.03.2023
Episode 129: More Money, More Problems
When you finally become a Millionaire, and especially a multi-Millionaire, investment opportunities you might never have imagined suddenly present themselves to you. A unique real estate deal. A venture capital start up. A vineyard and winery. They all sound exciting,...
07.03.2023
Episode 128: Protecting Your Family and Your Wealth
A lot of people think about their money as an either/or issue. Either I'm going to use all my wealth to enjoy retirement or I'm going to leave most of it to my family. However, it is possible to do...
07.03.2023
Episode 127: Will There Be A Recession In 2023?
Coming off the worst year for the market since the 2008 financial crisis, the year 2023 was set up to be an interesting year. Uncertainty and questions dominated the first half of the year. We got a lot of answers,...
07.03.2023
Episode 126: Test Driving Your Retirement Budget
It's one thing to BELIEVE you can live on a certain amount of cash flow each month during retirement. It's an entirely different thing to ACTUALLY do it. As your retirement date nears, you don't want to be surprised by...
05.01.2023
Episode 125: Protecting Your Money By Playing Defense
In honor of the NFL Draft this past week, we focus on two areas of key concern for any football team - Protection and Defense. Teams wants strong offensive lines to protect their quarterbacks and strong defensive lines to shut...

What's It's All About the $Money, Honey! about?

Download our free app to listen on your phone

It's All About the $Money, Honey! episodes:

Episode 174: The Power of Protection

Episode 173: 5 More Crucial Retirement Decisions

Episode 172: Rethinking 4 Retirement Assumptions

Episode 171: 5 Crucial Retirement Decisions

Episode 170: Staying Calm in a Crazy Market

Episode 169: 3 Keys That Will Keep You Wealthy

Episode 168: Millionaire Money Mistakes

Episode 167: Avoiding The Estate Tax Trap

Episode 166: The All Terrain Retirement Plan

Episode 165: The Silent Killer In Retirement

Episode 164: Selling Your Family Business

Episode 163: Unintended Financial Consequences

Episode 162: The Retirement Red Zone

Episode 161: Our Favorite Tax Reduction Strategies

Episode 160: The Power of Real Estate Investing

Episode 159: Understanding Your Investment Statements

Episode 158: Managing Money Transitions

Episode 157: More Income Means More Taxes

Episode 156: Replacing Your Paycheck In Retirement

Episode 155: The True Value of a Financial Advisor

Episode 154: What Your Advisor Should Be Doing For You

Episode 153: Resolutions and Goals Are Different

Episode 152: Your 2024 Financial To-Do List

Episode 151: The Key To Making Informed $ Decisions

Episode 150: The Widow's Penalty

Episode 149: Smart Money Moves For Millionaires

Episode 148: Social Security Changes For 2024

Episode 147: $$ Solutions For Millionaires

Episode 146: Key Financial Concerns For Women

Episode 145: Wall Street Doesn't Care About Politics

Episode 144: Managing A Cash Windfall

Episode 143: How To Build Your Dream Retirement

Episode 142: Potential Headaches For Business Owners

Episode 141: 3 Things To Consider When Leaving An Inheritance

Episode 140: How To Survive Retirement

Episode 139: 3 Overlooked Wealth Preservation Strategies

Episode 138: Boring, Bland, Beautiful Bonds

Episode 137: Can You Retire In A Recession?

Episode 136: Aspiring Millionaires In Focus

Episode 135: Taxes Impact Everything

Episode 134: 3 Wealth Solutions Millionaires Use

Episode 133: Unleash The Power of Non-Cash Assets

Episode 132: Cash Flow Will Always Be King

Episode 131: The Dark Side Of Money

Episode 130: Next Generation Wealth Building

Episode 129: More Money, More Problems

Episode 128: Protecting Your Family and Your Wealth

Episode 127: Will There Be A Recession In 2023?

Episode 126: Test Driving Your Retirement Budget

Episode 125: Protecting Your Money By Playing Defense