Trusts can play a crucial role in helping plan your financial future by providing benefits like avoiding probate or tax efficiency and financial planning strategies like providing for special needs children. But they cost money and can be complicated.

In this episode, Certified Financial Planner Isidore Ogoussan shares what trusts are, how they work, the expense, and who they are for. 

The show notes can be found here: https://laceylangford.com/podcast/Trusts-and-Your-Financial-Planning

Saving money on your childcare expenses is getting ready to get easier for service members and their spouses. The new Dependent Care Flex Spending Account is starting soon and can help you save pre-tax dollars to pay for your childcare expenses each year, but how does it all work, and when does it start?

In this episode, Jennifer Walker, a Navy veteran and the Executive Director for Dependent Care Flexible Spending Accounts for the Office of the Under Secretary of Defense (Personal & Readiness), gives us a rundown on everything we need to know about how the program works, who it’s for, how much you can save, and a whole lot more.

The show notes can be found here: https://laceylangford.com/podcast/Should-Know-About-the-Dependent-Care-Flex-Spending-Account

Army veteran and serial entrepreneur Adam Bird shares strategies for effectively managing and growing multiple businesses. Adam discusses his journey from the military to becoming the founder of three successful companies in three different industries.

• Adam's memory of where he was on 9/11 and the immediate effects
• His motivation for becoming an entrepreneur after leaving the military
• Tips for having effective business partnerships and dealing with conflict
• The importance of having a written agreement with business partners
• Hiring team members and interns to delegate tasks and grow your business
• Staying mentally balanced with self-care like exercise, being outdoors, and hypnotherapy
• Common mistakes entrepreneurs make like not having a business plan and trying to do everything solo
• Adam's advice for starting a second business while running your first one
• Pivoting between businesses to avoid burnout but still be productive
• Focusing on your purpose and helping others versus just making money

The show notes can be found here: https://laceylangford.com/podcast/manage-multiple-business-effectively

The state of the economy has everyone feeling the squeeze. It’s not a great feeling and may have you thinking of ways to work your finances. One of those ways could be becoming part of the FIRE movement or Financial Independence Retire Early. Or just part of the Financial Independence movement. 

I thought now might be a good time to bring back a special episode I did with Doug “Nords” Nordman on F.I.R.E to get you inspired. 

In this episode, we cover:

• History and evolution of the F.I.R.E. movement 
• Fat FIRE
• How FIRE works 
• The addition of a military retirement
• Three Steps to achieve FIRE
• FIRE without deprivation 
• Options for managing student loan debt 
• Advice for military spouses with employment and education
• Advice for couples working towards financial independence

The show notes can be found here: https://laceylangford.com/podcast/steps-to-financial-independence-retire-early

The sun is setting on the student loan payment pause. On September 1, 2023, interest will once again start accruing on your student loans. Payments will restart sometime in October. 

It’s been a hot minute since many people’s budgets have included student loan payments. For many, preparations need to be made to make sure you can make payments without a negative impact on your finances and quality of life. In this episode, I’m going to go over the steps you should take to prepare.

You can find the show notes and resources here: https://laceylangford.com/podcast/prepare-for-the-student-loan-repayment-restart

Financial readiness is a critical part of force readiness but also to the quality of life of service members and their families. When it comes to taking advantage of the resources provided by the Office of Financial Readiness, there are often some misconceptions. 

In this episode, Andrew Cohen gives us an inside look at what FINRED is, how it helps, and how you can use it to set your finances on the right track. We cover the Blended Retirement System, the new Dependent Care FSA, and more.

Andy is the Director of Financial Readiness in the Office of the Deputy Assistant Secretary of Defense for Force Education and Training. As Director, he leads the Financial Readiness team in the planning, direction, control and coordination of Department of Defense-wide policies and programs to meet the financial literacy and preparedness needs of service members and their families.

The show notes can be found here: https://laceylangford.com/podcast/Financial-Readiness-for-Service-Members

Are you a money cheater? Or has someone you know and love ever cheated on your financially? Financial infidelity can absolutely ruin a marriage or relationship and your finances, but what do you do if you suspect it’s happening to you? 

In this episode, I talk with forensic accountant Tracy Coenan on the red flags of financial infidelity you should watch for and how to handle them if you find them in a way that protects yourself and your finances. 

Key topics in the interview:

• What financial infidelity is and examples of it in relationships
• Red flags to watch out for that may indicate financial cheating
• Tips for being proactive to prevent financial infidelity
• Importance of trusting your gut instinct if you notice any behavior changes
• Steps to take if you suspect financial cheating
• Types of documents to keep an eye on 
• Common mistakes people make when discovering financial infidelity
• Role of a forensic accountant in uncovering financial cheating in divorce cases
• Advice for overcoming fear of looking at personal finances

The show notes can be found here: https://laceylangford.com/podcast/financial-infidelity

You’ve probably heard of the power of compounding before, but do you know its true power and use that power to amplify your wealth? 

In this episode, financial advisors Scott Kyle and Patrick Fischer break down compound interest and how to use it to grow your wealth with stocks, dividends, and options. 

Scott is the CEO and Chief Investment Officer of Coastwise Capital Group, LLC, a boutique money management firm headquartered in La Jolla, CA. He is a co-founder of The Active Network, Inc. where he served as CFO and on the Board of Directors.

Patrick is a Financial Advisor at Coastwise Capital Group, LLC. He began his career with Scott at G2 Capital Management in La Jolla in 2002 as an equity research associate. From 2004 to 2008, Patrick co-managed a systematic global macro hedge fund at Mellon Capital Management in San Francisco.

The show notes can be found here: https://laceylangford.com/podcast/leveraging-compounding-to-profit

Consistency in managing personal finances is challenging because it requires discipline, self-control, and long-term planning, which often clashes with impulsive spending habits, but without consistency, avoiding debt and building wealth is a struggle. Consistency in managing personal finance empowers you to take control of your financial future.

In this episode, Emily Guy Birken breaks down the common obstacles that hinder people from maintaining consistency and shares practical strategies and actionable tips to overcome them.

Emily Guy Birken is a former educator, lifelong money nerd, and a Plutus Award-winning freelance writer who specializes in the scientific research behind irrational money behaviors. Her background in education allows her to make complex financial topics relatable and easily understood.

The show notes can be found here: https://laceylangford.com/podcast/Consistency-to-Achieve

Do you know what is driving or holding your finances back? Lack of self can have a negative impact on your money if you let it. But most of us don’t realize the crucial role self-awareness plays in financial success.

In this episode, I talk with Mick Heyman, a Chartered Financial Analyst, about how self-awareness can improve your finances, the impacts of human nature on finances, and how to build your self-awareness. 

Mick is the author of Mellow Your Money and the founder of Heyman Investment Counseling. He has a 40-year career in wealth management, helping individuals and institutions of all sizes to build and preserve wealth with his stress-free method for mellowing your money.

The show notes can be found here: https://laceylangford.com/podcast/Self-Awareness-Plays-in-Your-Financial-Success