The Financial Wizard™️

This week, Eric discusses the implications of the Supreme Court decision lifting the Federal ban on sports betting, who stands to gain and who is likely to lose in the scramble for sports book revenue. He expands the topic to derive some general principles on gambling, and explores the idea that the stock market is a casino. He ends with the Money App of the Week, with a special nod to those dealing with aging parents.

Prism Bills & Money https://www.prismmoney.com/

Please send your confidential money questions to Eric at [email protected]. If we use your question, we'll protect your identity.

Please subscribe, leave us a review, and tell your friends about this podcast. You can see more on the Web at www.TheFinancialWizard.com and follow Eric on Twitter @YouCanDoMoney.

Music: "Groundwork" & "George Street Shuffle" by Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution 3.0 License creativecommons.org/licenses/by/3.0/

Money is one of the biggest stressors we have in life. Hi, this is Eric Henning, and in the new Financial Wizard podcast, I’ll be bringing professional money knowledge in plain English to help you demystify money. Stay tuned!

This week Eric explains the life cycle of a stock using a company we all know, and shows you how your age determines which type of investment your should make. Finally, he reveals an ancient source of money wisdom that's available to everyone.

Please send your confidential money questions to Eric at [email protected]. If we use your question, we'll protect your identity.

Please subscribe, leave us a review, and tell your friends about this podcast. You can see more on the Web at www.TheFinancialWizard.com and follow Eric on Twitter @YouCanDoMoney.

This week, we talk online shopping safety; why your home mortgage tax deduction may be costing you thousands; and how to get your bills to pay you! Plus, our App of the Week will help you reduce those annoying robocalls.

Hiya: Caller ID & Spam Call Blocking https://hiya.com/

Please send your confidential money questions to Eric at [email protected]. If we use your question, we'll protect your identity. If you like this podcast, please subscribe, leave us a review, and tell your friends. You can see more on the Web at www.TheFinancialWizard.com and follow Eric on Twitter @YouCanDoMoney.

This week, Eric explains how grocery rewards programs aren't always rewarding. He finishes our series of Rapid Debt Reduction by going into more detail on negotiating with credit card companies, and how to accelerate paying off the cards once and for all. We close the episode with a new segment, the Money App of the Week.

MileIQ https://www.mileiq.com/

Please send your confidential money questions to Eric at [email protected]. If we use your question, we'll protect your identity. If you like this podcast, please subscribe, leave us a review, and tell your friends. You can see more on the Web at www.TheFinancialWizard.com and follow Eric on Twitter @YouCanDoMoney.

In the second of three debt reduction episodes, Eric recaps the "Five 'Rs' of Debt Reduction. He then shows you how you can reach out to creditors and renegotiate your payments and interest rates. He covers what to do, whether you're in good standing, you're a bit behind, or collectors are calling. You'll learn how to stop collection calls and some of your rights under Federal Law. And you'll know what to do to set up the final phase of paying down your credit cards.

Please send your confidential money questions to Eric at [email protected]. If we use your question, we'll protect your identity. If you like this podcast, please subscribe, leave us a review, and tell your friends. You can see more on the Web at www.TheFinancialWizard.com and follow Eric on Twitter @YouCanDoMoney.

We begin our new, weekly format with a thought experiment; a way to picture our cash flow; debt, savings and investing, and how they relate to each other. Eric then goes into the "Five 'Rs' of Debt Reduction. He ends with three practical steps we can take right now to begin paying off our credit cards.

Please send your confidential money questions to Eric at [email protected].

If you like this podcast, please subscribe, leave us a review, and tell your friends. You can see more on the Web at www.TheFinancialWizard.com and follow Eric on Twitter @YouCanDoMoney.

We end our beginning discussion of spending with a look at how we can use money to buy time, and what that means for entrepreneurs and creatives. Eric shares true stories from his investment career and talks about how to structure the time we've bought. He ends with an announcement about a format change.

Book recommendation: "It's About Time" by Ken Smith

You can send your money questions to Eric at [email protected].

If you like this podcast, please subscribe, leave us a review, and tell your friends. You can see more on the Web at www.TheFinancialWizard.com and follow Eric on Twitter @YouCanDoMoney

Today we finish our discussion of the small leaks that can sink your financial ship. Eric talks about subscription services and impulse buying, and shares a tool that you can use right now to improve your financial life.

If you like this podcast, please subscribe, leave us a review and tell your friends. You can see more on the Web at www.TheFinancialWizard.com and follow Eric on Twitter @YouCanDoMoney

In this episode we start a series talking about how seemingly small expenditures can cause massive problems as we try to steer our financial ship to a safe haven.

If you like the podcast, please subscribe, write us a review, and tell your friends. And you can always send us confidential questions at [email protected] Follow us on Twitter @YouCanDoMoney