Financial Wellness Show - Improve The Health And Wealth Of Your Money

Public school teachers are often paid twelve months out of the year by stretching out the paychecks. For example: You would get less during the working months but will receive pay during summer break. Others will be paid only for those weeks or months they actively teach. This can wreak havoc on a household budget. How can you be prepared? Coach Julia gives us these valuable takeaways:   Be aware of the expenses you won’t have during non-working months Create a robust savings plan during the working months to cover non-working months Ask to have your paychecks stretched out to a 12 month schedule Get a part-time job with amusement parks or offer private tutoring Sell lesson plans for $5 Schedule an appointment with one of our Financial Wellness Coacheshttp://FinancialWellnessShow.com/coaches

Coach Jeremy tells us about the Dataman app, budget billing, and how to avoid getting caught short when the air conditioning bill skyrockets in July. For a full list of show notes or to schedule an initial consultation (free), visit http://FinancialWellnessShow.com/17 Schedule a free initial consultation http://FinancialWellnessShow.com/coaches

Captain Nanavaty joins us to share his passion for helping first responders and emergency service personnel through the tough times they face in the day-to-day activities of their stressful jobs.  You can contact Safe Call Now by calling 206-459-3020 or 877-230-6060 or visiting SafeCallNow.org

Coach Greg has found a correlation between what we observed as a child and how that translates to our behavior as an adult.  One of the first questions Coach Greg asks of his clients is “What did you observe about how your parents handled money”? Just because mom or dad handled money one way or another doesn’t make what you are doing right or wrong, but it does shape the behavior you tend to lean towards. Full show notes at http://FinancialWellnessShow.com/15 Join MyMoneyWellness using promo code show50 to save 50% on your membership. Take action today and sign up at http://www.financialwellnessshow.com/mymoneywellness

Coach Ahmad hasn’t had it easy, but he certainly has it good now. It started 14 years ago when Coach Ahmad went through a divorce, chose to be homeless, and lived of ravioli and pinto beans for years. He made the decision to work his way out of debt, pay cash for everything, and turned his life around. Ahmad’s victories: Paid off all the consumer debt Paid for his wedding with cash Paid for eight cars with cash Is working on paying for his children’s college (and teaching them to get scholarships)   If you'd like to learn more about Coach Ahmad or connect with any of our Financial Coaches, visit http://FinancialWellnessShow.com/coaches

Tom Corley has written two book: Rich Habits and Rich Kids. Both are full of great information and can be found at his website: http://RichHabits.net Today he joins us to talk about teaching children the rich habit of saving and spending wisely - or learning from bad purchases. Get your finances in order while teaching your children how money really works by connecting with our Coach Connection center   http://FinancialWellnessShow.com/Coaches

Most believe a big tax refund is a good thing, but what if you could use your refund during the year instead of getting it in April? A refund is simply this: Individuals sending more money to the government than they have to and the overage is returned in the form of a tax refund. While that money is sitting in government coffers, you are not able to use it for investing, debt repayment, car repairs or the grocery bill. It is an interest-free loan to the government. Example: You have a car payment with an interest rate of 3 percent or credit card at 18.99 percent, yet you are receiving a $1,200 tax refund. Would your finances be improved by bringing home an additional $100 a month and use it to pay down the higher-interest debt? The not so happy crossroads of tax refunds and identity theft Identity theft has been on the rise for many years. Last year, an influx of fraudulent tax returns were filed and your tax refund could be sent to somebody else. It takes many, many months for the problem to be sorted out a

Can a Financial Coach help you dump a timeshare?  Coach Hal assisted his clients out of a timeshare they no longer wanted. This is just one of the ways a Financial Coach can help. It’s not just about budgeting and saving money - it’s helping you get through life’s financial challenges. If you want unbiased assistance from a trusted 3rd party who can speak into your financial life then visit FinancialWellnessShow.com/coaching

For a summary of this show and a link to James Kinson's "14 Steps to Your First Cash Car" visit http://FinancialWellnessShow.com/10 James Kinson is a Cash Car Convert - it even says so on his website.  The reason James is so passionate about helping people buy used cars is because he understands the impact new cars have on an individual’s personal finances - and buying new is what most people do. James Kinson shares this, "Most of us were taught that we will always have car payments. Within the first year a new car will lose about 19% of its value and 60% over five years. It is because depreciation isn’t directly hitting a person’s wallet that most people don’t consider the financial impact.” He shares with us ways to get out of car debt: Sell the car What if you are upside-down? What would I drive? (buy a beater) Trade in to lower-value debt car   Accelerating the existing loan payment Sell stuff Cut costs in your budget Get an extra job   Getting out of a lease Swap-lease and LeaseTrader.com Sell the c

A budget does not restrict your spending - your income does.   Whether you make $4k a month of $100k a month - you can only "spend" what you have or you will go into debt.  Note: I consider putting money into savings or retirement another form of "spending"   Coach Justin joins us to discuss the 4 Keys to successful budgeting: Updated our budget Balanced our budget Discussed it with our spouse Live on it (follow the plan)   Schedule your free consultation with one of our expert Financial Wellness Coaches http://FinancialWellnessShow.com/contact To receive updates and invitations to special webinars enter your name and email here: http://FinancialWellnessShow.com/Updates

Mindset is important to the wellness of our money. Austin Netzley joins us to share what he learned by interviewing more than 70 experts in the financial industry - and he wrote a book around it.  Tweetable: Your ability to build wealth isn’t a money problem, it’s a priority problem @AustinNetzley http://FinancialWellnessShow.com/08

Contact a coach to help you http://FinancialWellnessShow.com/FindACoach Are there any options when you fall behind on your bills? Coach Parkey joins us today to share ideas for dealing with collectors. When do you call your creditors? What can you negotiate with? Is there a moral responsibility to to pay the debt in full? Dealing with collectors isn’t fun, but ignoring them is the worst thing you can do.  Best practices for settling debts or negotiating new terms: Communicate Be honest about your situation Offer them only what you have Get any new deals put into writing Never give collectors banking information  Send cashier checks via certified mail While dealing with creditors is scary, it is only temporary. Once a new deal is negotiated you have another chance to satisfy your creditors.  If you are looking for assistance, support, or a Financial Coach to help you get through this, contact one of our coaches like Coach Parkey at http://FinancialWellnessShow.com/FindACoach    

To find out more contact a coach http://FinancialWellnessShow.com/FindACoach   Buying in bulk can mean a number of things: You can buy more for less money You can buy more, less often. It is also wise to be aware of the costs involved with buying in bulk. In this episode Coach Dave and I discuss when it makes cents to buy in bulk. More importantly, we challenge you to think outside of the Big Box.

How do you get a reluctant spouse on board?   Coach Justin shares some startling statistics about money and marriage.  60 percent of married couples partially mix their money, 30 percent keep separate checking accounts, and only 10 percent keep everything together. Is there a correlation or is this causation? Listen to Coach Jeremy discuss the benefits of sharing a bank account and how to get a reluctant spouse on board. To get one-on-one help or couple's financial counseling, contact a Financial Wellness Coach http://FinancialWellnessShow.com/findacoach

Coach Mary and her husband had a plan - even though they weren't sure exactly where that plan was taking them. They made the decision to forgo unnecessary vacations and spending their bonuses and lived on less than they earned. After a few years they paid off their last consumer debt and found financial freedom to do whatever they wanted.  Listen to the interview with Mary by clicking the play button above. Steve: Mary, you have a wonderful testimony that I would love to have you share with the audience. Before we get into all of that, tell people who is Mary Hayford. Mary: Thanks for having me, Steve. As a professional, I am a financial coach, and I also teach financial education. I not only do it for work, but we live it in our lives every day. Steve: How do you live it every day? Mary: The first thing we do is we live on less than what we earn; it’s a conscious choice and a conscious decision. This is contrary to what our society dictates to us, but we’ve found it to be a smart choice. Steve: And the reaso

Getting what you want out of life means having a plan. The best way to accomplish goals is to make them SMART Specific Measurable Actionable Realistic Timebound Coach Jeremy shows us how SMART goals work To contact Coach Jeremy or any of our respected Financial Coaches visit http://FinancialWellnessShow.com/coaches

The most efficient dollar spent is one that has been given a name. The best way to control your cash is to, well, spend with cash. Coach Greg shares how easy the cash envelope works and he even tells us where he stashes his. To contact Coach Greg or any of our Financial Coaches visit FinancialWellnessShow.com

Welcome to the Financial Wellness Show. We are here to help improve the health and wealth of your money. We bring you the most respected Financial Coaches to discuss various topics from spending, saving, retirement, and making wise purchases. Oh, and we show you how to get out of debt too.   To contact a coach visit http://FinancialWellnessShow.com/coaches