We speak with an anonymous Certified Financial Planner to discover what mistakes people often make and hear from the desk of a practicing CFP. *We do not give his name or firm although he works with a large company.

Eric Rosenberg is a journalist and wrote an article about how we should manage our personal finances like businesses manage their finances. He even included apps of how to do this more easily. Enjoy his insight as he joins this week to talk about this article. https://personalprofitability.com/personal-financial-statements/

Michael talks about the 4 Pillars of Investment Allocation.

In the lunchroom, we're talking about the backstory.

Are you trying to pay down your mortgage or bolster up your retirement? What is your plan with your money?

What are the pros & cons of checking, savings, CD, Bonds, Stocks etc?

Keep your money safe and be compelled to take action in an investment account you understand and feel good about. Do not allow anyone to rush or pressure you into an investment that doesn't feel right or make sense to you.

Gina had over $100,000 in debt and she shares stories, tips, ideas from walking the walk and paying off debt. You will enjoy her perspective and insight. Be sure to get her budget cheat sheet for free at thefrugalconvert.com

Investing is easy but financial decision making is hard. Where do I distribute my money from at retirement, how much is enough, how much do I take out, what impact will it have on my taxes.

Chalk Board: Key terms for estate planning.

Teacher's lounge. Spence talks some sense into Michael's foolish ideas.

What do we have to show for our hard work? We make a lot of money but where does it all go? Are we on-track or not financially? We have all this financial stuff and I don't even know how we're doing...

Chalk-Talk - Visit MyFico.com to learn more about credit.

Teacher's Lounge - Fun with Tom Spence, stories and more.

Visit smartpeoplemoney.com for more information.

Schwab released a $300 upfront with $30 per month financial planning offering. We talk about it on this podcast, the good and the bad with this model...

In the practical planning lesson, we discuss the discussions spouses have about money. Have you ever described something as an essential item only to have your spouse say it's a non-essential item?

In the lunchroom with Spence, we talk about more money topics and keep it fun.

We have Nick True from Mappedoutmoney.com in the classroom today with Michael Anderson. Great show on habits and financial audit checklist for personal finance.

If you have not heard of Grant Sabatier, you're in for a treat. He has a money story that is compelling, thoughtful and experienced. After listening to this 20 minutes interview you will have an upgraded perspective on personal finance and the FIRE movement.

This week Michael talks about annuities and estate planning. Two subjects that are never fun to hear about... it's only ~10 minutes. The Spence & Mike have some fun in the lunch room... Enjoy this 30 quick minutes at 2 times speed!