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Afford Anything

Paula Pant | Cumulus Podcast Network

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You can afford anything, but not everything. We make daily decisions about how to spend money, time, energy, focus and attention – and ultimately, our life. How do we make smarter decisions? How do we think from first principles? On the surface, Afford Anything seems like a podcast about money and investing. But under the hood, this is a show about how to think critically, recognize our behavioral blind spots, and make smarter choices. We’re into the psychology of money, and we love metacogn ...
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The Marriage Kids and Money Podcast will strengthen your family tree and help you live financially free. We work to help you build the life of your dreams! Each week, award-winning Family Finance Coach Andy Hill shares wealth-building tips that help parents and couples to design their ideal lifestyle. Learn how to get on track with your finances, have a happier marriage, work toward financial freedom, and even build generational wealth. Knowing community makes for a happier future, Andy inte ...
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NYC Meets Bama

Katerina Finck & Chris Merriman

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Welcome to the NYC meets Bama Podcast, hosted by Katerina and Chris! We come from different parts of the country, and our serendipitous meeting has inspired us to interview unique and unconventional individuals. Our aim is to motivate and empower you to surpass your limits and explore new opportunities. Our wide-ranging discussions will encompass topics such as entrepreneurship, real estate, systems, and processes that can help elevate your life. As we travel, we'll be accompanied by inspira ...
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The Marriage Kids and Money Podcast is dedicated to helping you do just that. Each week, Andy Hill interviews personal finance experts, millionaire parents and financially independent couples to find out how they achieved their success. He then takes that information and breaks it down into digestible takeaways that will help you win with money. Wi…
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#550: Paul Merriman, a former wealth manager turned financial educator, joins us to share investing wisdom that could reshape how you think about your money. We kick things off talking about portfolio diversification. Paul suggests a simple four-fund strategy that includes large cap, small cap, and value stocks. He says this mix has historically be…
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We all know investing in the stock market is a smart idea. When it comes to what to invest in, that's where the questions start to come up. Author and Financial Educator Paul Merriman shares how we can use index funds to become millionaires. He shares a variety of index fund portfolios including the 2-Fund Portfolio and 4-Fund Portfolio. RESOURCES:…
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Daycare costs more than rent in 16 of the nation’s 100 largest cities according to US Today. With this being such a difficult reality for many parents, I'm sharing 25 smart ways to save on daycare. Also, Rachel Lawrence from Monarch Money shares how to budget as a couple and how Monarch Money can support the process. RESOURCES **Sponsors + Partners…
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#552: In this special three-part series, we discuss some of the 21 Harsh Truths About Money. For more information, visit the show notes at https://affordanything.com/episode552 Learn more about your ad choices. Visit podcastchoices.com/adchoicesPaula Pant | Cumulus Podcast Network tarafından oluşturuldu
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#551: Financial psychologist Dr. Brad Klontz and Youtuber Adrian Brambila join us to talk about money psychology, starting with a dark but revealing story about an experiment with dogs. Scientists put dogs in electrified cages from which they couldn't escape. Eventually, the dogs stopped trying to escape and just lay down, even when later moved to …
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Paying taxes is a reality of life. Let's just not overpay them! In this episode, I share how we're investing with tax efficiency in mind. Second, we’re back with our Coast FIRE Family segment. This month, we're featuring Marko Zlatic from The Whiteboard Finance YouTube Channel. Marko and his wife recently achieved Coast FIRE in their 30s! He's goin…
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Investors need to get past marketing and sales pitches to know what they're getting when they invest. Morningstar is a great place to get that depth. Paul and Chris describe how they each use the free Morningstar tools to evaluate mutual fund and ETF characteristics, such as: * Expense ratios * Liquidity and bid/ask spreads * Geographic focus * Val…
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#549: Steven is stuck on the question of financial stability. How do you know if you have it? Is there an objective answer based on net worth? Or is it a calculation relative to your income and age? Jack isn’t sure how to factor his house into his net worth. It’s an asset, but he has a mortgage against it, and there are transaction costs associated…
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#548: Economist Dr. Karsten Jeske talks with us about the current economic landscape. Karsten, who retired at 44, breaks down the Fed's recent decisions and how they might affect our finances. He explains how markets often anticipate interest rate changes before they happen. Karsten challenges traditional views on inflation and unemployment, tellin…
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Paul updates his list of reasons to use index funds plus comparing the handful of Vanguard Small Cap Value ETFs (VTWV, SLYV, VBR AND VIOV) with the newer Avantis and DFA small cap value ETFs. He also makes the case that AVUS and DFAU total market funds are likely to produce better returns than VTSAX, VTI, VOO AND VFINX. He also discusses the 15 yea…
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#547: An anonymous caller and her husband have a $2 million net worth at 40, but they’re worried that the one-fund portfolio that got them there isn’t good enough anymore. Are they right? Jared feels frustrated that so much personal finance media is centered around tech and freelance workers. Does Paula and Joe have negotiation advice for someone i…
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The Money Date is the glue that holds your marriage and money life together! I share 10 steps to get your Money Date started today. Second, we’re back with our Net Worth Win segment. This month, we’re featuring Joshua Weekley from Arizona. Joshua and his wife Carly increased their net worth to $950,000 by at 35 years old! Listen up to hear how they…
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#546: The Federal Reserve slashed interest rates by half a percentage point. What does this mean for your mortgage, your savings account, and the economy at large? In this First Friday economic episode, we dive deep into the Fed's decision. But that's just the beginning. As the presidential election looms, we'll also unpack the economic proposals f…
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Chris & Paul walk through the changes to The Merriman Financial Education Foundation’s relationship with M1 Finance, including affiliate commissions, a new emphasis on accurate messaging, and improved pre-made portfolio shortcuts (M1 calls them Pies). The new Pies now include all of our Sound Investing equity portfolios, taxable and tax-deferred fi…
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#545: Kat feels thrown off. She’s realizing that the simple investing strategy that nearly 5x’d her portfolio in six years might be unwise. Should she course correct? And how? Ryan and his wife are torn between buying what they want (a single-family house) and what seems prudent (a multi-family house). How do they decide? Is there a third way? At 3…
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There are benefits to both recasting and refinancing a mortgage. Like all things in personal finance, the best option depends on your personal situation. To help you get a better handle on recasting vs. refinancing, listen up! Second, we’re back with our Mortgage Free Family segment. This month, we're featuring Ken and Mary Okoroafor from The Humbl…
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#544: Remember that time you found a $20 bill in an old jacket pocket? The rush of excitement, followed by the quick mental math of what you could buy with it? That's your money mindset at work. In this episode, we dive deep into the psychology behind our financial decisions. You'll hear about the three money mindsets: anxious, obsessed, and avoida…
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In preparation for his presentation at the Bogleheads Conference Paul reread John Bogle’s “The Little Book of Common Sense Investing” He has been recommending the book since 2007 but in 2017 Wiley published the updated and revised edition. There is some terrific new material in the revised edition. Paul focuses on several topics from the book inclu…
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#543: Picture this: You're at a car dealership, trying to get the best price on your dream car. The salesperson hits you with a "take it or leave it" offer. Your palms are sweaty, your heart's racing. What do you do? That's just one of the tricky situations we dive into in this episode. We're tackling seven types of hardball negotiation tactics tha…
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The Federal Reserve cut interest rates for the first time in 4 years. What does this big decision mean for families? Meghan Rabuse, the Family Finance Mom, joins the show again to help us answer this big question. Also, Steven and Lauren Keys from Florida share how they built a millionaire net worth in their early 30s! RESOURCES **Sponsors + Partne…
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#542: Ever feel like you're never doing enough with your money, even when your finances look good on paper? You're not alone. Katie Gatti Tassin, host of the Money with Katie podcast, dives into a phenomenon called "money dysmorphia" in today’s interview. She shares how she got flooded with responses when she asked her listeners about money dysmorp…
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#541: Ever wondered if you're making the right choice between a Traditional and Roth 401(k)? You're not alone. In this episode, Katie Gatti Tassin, host of MorningBrew’s Money with Katie podcast, joins us to tackle this common retirement savings dilemma. We deep-dive into the debate between using Traditional vs. Roth 401(k) accounts for retirement …
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I had an amazing conversation with David Baughier on the Forget About Money podcast! We discussed my 12 One-Million Dollar Ideas for building wealth, the power of starting early, and why index funds are a game-changer for long-term investing. We also covered the importance of diversification, the benefits of small-cap value stocks, and why sticking…
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Stoicism is all about living in the present. Not worrying about what may come or what you don't have. Author Darius Foroux is on a mission to show us how to invest, the stoic way. In today's episode, he shares the stoic philosophy and how we can use it to build more wealth, peace and happiness in our lives. RESOURCES: Sponsors + Partners + Deals GU…
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Originally aired August 2023: Stanford psychology professor Jamil Zaki shares his research and findings around the science of empathy – and how we can apply this to improving our relationships with colleagues, clients, customers, co-founders, and business and investing cohorts. Zaki is the director of the Stanford Social Neuroscience Lab, and the a…
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#540: What can M&Ms, McDonalds, Harry Potter, Aquafina, Taylor Swift, Jeopardy, and Bed Bath & Beyond teach us about landing a dream job or securing a promotion? Plenty. Imagine you're at a job interview. You've rehearsed your answers, polished your resume, and you're feeling confident. But what if the key to landing that job isn't just about your …
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Paul starts the podcast with a discussion of his ⁠special presentation⁠ to the graduating nurses from the College of Nursing at Texas A&M. This presentation was part of a Life Transitions Series. He discusses how he might be able to do a similar presentation for other groups of graduating college students, as well as groups of investors who are try…
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#539: An anonymous caller feels trapped. She owes $100,000 in back taxes on earnings she had to give up as a result of a lawsuit with her former business partner. What should she do? Saul and his wife want to retire in Mexico but they don’t want to give up the ability to continue investing in US stocks. Can they buy a primary residence that doubles…
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My daughter will be a teenager soon! To help her (and your teens too) find their next gig, we put together our list of the top 10 best jobs for teens. Second, we’re back with our Fintech Spotlight segment. This month, we’re featuring our sponsor Crew, a banking solution for the whole family! Founder Gentry Davies is here to discuss the concept of f…
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#538: The latest jobs report just dropped, and it's a game-changer. Job creation numbers are lower than expected, at 142,000 new jobs in August. This comes on the heels of the biggest downward revision in job numbers since 2009. We're diving deep into what this means for the Federal Reserve's long-anticipated first rate cut. Are we looking at a mod…
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Paul starts the podcast talking about the upcoming Boglehead Conference (Sept.27-29) in Minneapolis. The following link lists the speakers and topics. https://boglecenter.net/2024conference/ Q1: Should I invest $300,000 inheritance all at once or dollar cost average? 02:23 Q2: If SCV is such a great asset class why do the companies all have such lo…
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#537: Frequent contributor Joe Saul-Sehy shares an emotional, personal story of getting into a soul-crushing level of debt in his 20s and early 30s. He owed so much in back taxes to the IRS that he didn’t file a tax return for three years. He ran out of gas and was stranded on the side of the highway, with 85 cents remaining in his bank account. By…
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Think teachers can't become millionaires? It's more than possible! In today’s “Best of Marriage Kids And Money” episode from 2020, High School Teacher Brian Weitzel discusses how he managed to invest $1,000,000 in the stock market by 40 years old. RESOURCES: Sponsors + Partners + Deals Brian Weitzel (website) MKM RESOURCES: Make My Kid a Millionair…
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#536: NYU Psychology Professor Dr. Tessa West has spent nearly two decades studying relationships, including those in the workplace. She talks about her research on why people feel disconnected from their jobs and what to do about it. Dr. West breaks down five main ways people might feel unhappy at work: 1. Crisis of identity: This is when you've p…
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Paul starts with a general discussion of the decision to trust recent returns or make investment based on longer term returns. He uses AVUV and ARKK as two investments you could have made in September 2019. In the discussion he references a video where arkk creator and fund manager predicts future arkk returns. Q: #1: Why should future results look…
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#535: Melissa and her partner are preparing for the best earning years of their lives. Could they benefit from automated tax-loss harvesting and transition from DIY investing to a robo-advisor? An anonymous caller just learned something surprising about their Roth 401k and feels squeamish about making future contributions to this account. What’s Pa…
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Many of us have been impacted by financial trauma. If we allow them, our past experiences can control our future. In today’s “Best of Marriage Kids And Money” episode from 2022, John Delony, Author, Ramsey Personality and Mental Health Expert, shares how to manage financial trauma and the importance of REAL connections in our lives. RESOURCES: Spon…
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#534: We sit down with David Novak, the co-founder and former CEO of Yum! Brands, the giant parent company behind KFC, Taco Bell, Pizza Hut, and the Habit Burger Grill. David shares stories from his remarkable career, offering insights into leadership, decision-making, and personal growth. We dive into one of David’s most memorable projects: the cr…
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#533: Kristin is floored by the 60 percent increase in her homeowner’s insurance this year. Should she cancel the policy and self-insure instead? Susana and her husband are torn. They bought their dream home last year but now need to relocate indefinitely. What should they do with the house? An anonymous caller wants to help his soon-to-be wife inv…
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As parents, we only have 18 summers with our kids. After that, they are off to live their adult lives. These 18 summers are precious. In today’s “Best of Marriage Kids And Money” episode from 2019, Jim Sheils, Author and Family Experience Expert, shares tips for parents to take advantage of this limited time. We discuss the importance of one-on-one…
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