HopeFilled Financial Coaching

What are the top 3 things that Dave Ramsey gets right? 00:00 - Intro 00:33 - Foundations of Personal Finance Review 16:51 - Top 3 Things Dave Ramsey Gets Right 17:16 - #1 Staying Out of Consumer Debt 19:48 - #2 Behavior Over Math 21:54 - #3 Zero-Based Budgeting In today's story, Jay shares what he learned in high school from Dave Ramsey's Foundations of Personal Finance curriculum. He also shares what he wishes he would have learned and some misconceptions he took away as a result. If you are interested in a personal finance curriculum for your teen, this is the episode for you! In the main topic, Jay lists the top 3 things that Dave Ramsey gets right. He has given Dave a little flack with the 8% safe withdrawal rate thing lately, but he really does appreciate the work that Dave does. Jay truly doesn't want you to throw away the Baby Steps' good with the dirty 8% bath water. Find out what Jay thinks are the greatest things about Dave Ramsey in this episode. Please don't forget to like, share, and subscribe! Doing so helps us grow and share HopeFilled financial wisdom. We release a new episode every Tuesday! Subscribe if you don't ever want to miss an episode! You can submit a question on our website (hopefilledfinancial.com) or message us on Facebook (@HopeFilledFinancial). Disclaimer: This podcast serves as educational entertainment only. Any and all opinions relating to real estate, law, taxes, insurance, and/or securities investing that may be contained within this podcast should not be interpreted or implemented as recommendations nor advice. The opinions related to these topics – especially those regulated by state and/or federal entities – should never be taken as replacement for advice from a competent, licensed professional. HopeFilled Financial Coaching is not liable for any individual acting on any understanding of topics directly or indirectly related to real estate, legal practice, taxes, insurance, or investing even if an individual in question changed their understanding after listening to this podcast. All listeners are entirely responsible for seeking advice from licensed professionals before taking any action of their own. Our Website: HopeFilledFinancial.com Music: "Take Me Higher" by Jahzzar Music Copyright License: This music is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by-sa/4.0/ or send a letter to Creative Commons, PO Box 1866, Mountain View, CA 94042, USA.

In the main topic, Jay explains why turnover ratios matter to YOU! Capital gains can cost you in taxes, and it is fundamental to understand before Jay introduces one of our next exciting topics! Watch the full episode here: https://youtu.be/NcRaRDgF8bQ Main Topics Playlist: https://www.youtube.com/playlist?list=PLo6Zlf1BSGrZM50_NAabg7tOhASym2xxD Please don't forget to like, share, and subscribe! Doing so helps us grow and share HopeFilled financial wisdom. We release a new episode every Tuesday! Subscribe if you don't ever want to miss an episode! You can submit a question on our website (hopefilledfinancial.com) or message us on Facebook (@HopeFilledFinancial). Disclaimer: This podcast serves as educational entertainment only. Any and all opinions relating to real estate, law, taxes, insurance, and/or securities investing that may be contained within this podcast should not be interpreted or implemented as recommendations nor advice. The opinions related to these topics – especially those regulated by state and/or federal entities – should never be taken as replacement for advice from a competent, licensed professional. HopeFilled Financial Coaching is not liable for any individual acting on any understanding of topics directly or indirectly related to real estate, legal practice, taxes, insurance, or investing even if an individual in question changed their understanding after listening to this podcast. All listeners are entirely responsible for seeking advice from licensed professionals before taking any action of their own. Our Website: HopeFilledFinancial.com Music: "Take Me Higher" by Jahzzar Music Copyright License: This music is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by-sa/4.0/ or send a letter to Creative Commons, PO Box 1866, Mountain View, CA 94042, USA.

In today's story, Jay shares his Monopoly strategies. He compares a property turnover strategy with a buy and hold strategy. Let us know what your best strategies are in the comments! Watch the full episode here: https://youtu.be/NcRaRDgF8bQ HopeFilled Stories Playlist: https://www.youtube.com/playlist?list=PLo6Zlf1BSGratro9fQ9aR4A2nBO_nygE9 Please don't forget to like, share, and subscribe! Doing so helps us grow and share HopeFilled financial wisdom. We release a new full episode every Tuesday! Disclaimer: This podcast serves as educational entertainment only. Any and all opinions relating to real estate, law, taxes, insurance, and/or securities investing that may be contained within this podcast should not be interpreted or implemented as recommendations nor advice. The opinions related to these topics – especially those regulated by state and/or federal entities – should never be taken as replacement for advice from a competent, licensed professional. HopeFilled Financial Coaching is not liable for any individual acting on any understanding of topics directly or indirectly related to real estate, legal practice, taxes, insurance, or investing even if an individual in question changed their understanding after listening to this podcast. All listeners are entirely responsible for seeking advice from licensed professionals before taking any action of their own. Our Website: HopeFilledFinancial.com

What does Monopoly have to do with Mutual Funds? 00:00 - Intro 00:39 - Monopoly Strategies Explained 11:20 - Turnover Ratio and Capital Gains Explained In today's story, Jay shares his Monopoly strategies. He compares a property turnover strategy with a buy and hold strategy. Let us know what your best strategies are in the comments! In the main topic, Jay explains why turnover ratios matter to YOU! Capital gains can cost you in taxes, and it is fundamental to understand before Jay introduces one of our next exciting topics! Please don't forget to like, share, and subscribe! Doing so helps us grow and share HopeFilled financial wisdom. We release a new episode every Tuesday! Subscribe if you don't ever want to miss an episode! You can submit a question on our website (hopefilledfinancial.com) or message us on Facebook (@HopeFilledFinancial). Disclaimer: This podcast serves as educational entertainment only. Any and all opinions relating to real estate, law, taxes, insurance, and/or securities investing that may be contained within this podcast should not be interpreted or implemented as recommendations nor advice. The opinions related to these topics – especially those regulated by state and/or federal entities – should never be taken as replacement for advice from a competent, licensed professional. HopeFilled Financial Coaching is not liable for any individual acting on any understanding of topics directly or indirectly related to real estate, legal practice, taxes, insurance, or investing even if an individual in question changed their understanding after listening to this podcast. All listeners are entirely responsible for seeking advice from licensed professionals before taking any action of their own. Our Website: HopeFilledFinancial.com Music: "Take Me Higher" by Jahzzar Music Copyright License: This music is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by-sa/4.0/ or send a letter to Creative Commons, PO Box 1866, Mountain View, CA 94042, USA.

In the main topic, Jay breaks down HopeFilled Financial FootStep #3 - Get Out of Debt. He shares the nuances of different methods of getting out of debt: the avalanche method and the snowball method. He shows examples of each on his debt payment calculator spreadsheet tool. What else do you need to think about when paying off devt? Let us know in the comments! Video Link: Two Cents: What's The Fastest Way To Pay Off Debt? https://youtu.be/PvEUj_mRfIo?si=A0dhO2VAr5nq-X73 NYT Article: https://archive.nytimes.com/bucks.blogs.nytimes.com/2012/08/20/to-get-out-of-debt-it-may-help-to-think-small/?mcubz=3&_r=0 Dave Ramsey IRS Call: https://www.youtube.com/watch?v=pI4VMV9S28k Watch the full episode here: https://youtu.be/desDlR4fa_E Main Topics Playlist: https://www.youtube.com/playlist?list=PLo6Zlf1BSGrZM50_NAabg7tOhASym2xxD Please don't forget to like, share, and subscribe! Doing so helps us grow and share HopeFilled financial wisdom. We release a new episode every Tuesday! Subscribe if you don't ever want to miss an episode! You can submit a question on our website (hopefilledfinancial.com) or message us on Facebook (@HopeFilledFinancial). Disclaimer: This podcast serves as educational entertainment only. Any and all opinions relating to real estate, law, taxes, insurance, and/or securities investing that may be contained within this podcast should not be interpreted or implemented as recommendations nor advice. The opinions related to these topics – especially those regulated by state and/or federal entities – should never be taken as replacement for advice from a competent, licensed professional. HopeFilled Financial Coaching is not liable for any individual acting on any understanding of topics directly or indirectly related to real estate, legal practice, taxes, insurance, or investing even if an individual in question changed their understanding after listening to this podcast. All listeners are entirely responsible for seeking advice from licensed professionals before taking any action of their own. Our Website: HopeFilledFinancial.com Music: "Take Me Higher" by Jahzzar Music Copyright License: This music is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by-sa/4.0/ or send a letter to Creative Commons, PO Box 1866, Mountain View, CA 94042, USA.

In today's story, Jay reacts to Rob Berger's story of getting out of debt. What can you learn from his story? Ed Jarecki EYB Collaboration: https://youtu.be/0KKDIwyKuMo?si=sP01CwqRFfRisvar Video Link: Rob Berger: How to FINALLY Get Out of Debt | 7 Steps to Debt Freedom: https://youtu.be/1MDQ32T2_Bg?si=7BUKN2JNl8pWf0jZ Watch the full episode here: https://youtu.be/desDlR4fa_E HopeFilled Stories Playlist: https://www.youtube.com/playlist?list=PLo6Zlf1BSGratro9fQ9aR4A2nBO_nygE9 Please don't forget to like, share, and subscribe! Doing so helps us grow and share HopeFilled financial wisdom. We release a new full episode every Tuesday! Disclaimer: This podcast serves as educational entertainment only. Any and all opinions relating to real estate, law, taxes, insurance, and/or securities investing that may be contained within this podcast should not be interpreted or implemented as recommendations nor advice. The opinions related to these topics – especially those regulated by state and/or federal entities – should never be taken as replacement for advice from a competent, licensed professional. HopeFilled Financial Coaching is not liable for any individual acting on any understanding of topics directly or indirectly related to real estate, legal practice, taxes, insurance, or investing even if an individual in question changed their understanding after listening to this podcast. All listeners are entirely responsible for seeking advice from licensed professionals before taking any action of their own. Our Website: HopeFilledFinancial.com

What do you need to know to get out of debt? 00:00 - Intro 00:42 - Rob Berger's Debt Story Reaction 15:05 - Two Cents Debt Advice In today's story, Jay reacts to Rob Berger's story of getting out of debt. What can you learn from his story? Ed Jarecki EYB Collaboration: https://youtu.be/0KKDIwyKuMo?si=sP01CwqRFfRisvar Video Link: Rob Berger: How to FINALLY Get Out of Debt | 7 Steps to Debt Freedom: https://youtu.be/1MDQ32T2_Bg?si=7BUKN2JNl8pWf0jZ In the main topic, Jay breaks down HopeFilled Financial FootStep #3 - Get Out of Debt. He shares the nuances of different methods of getting out of debt: the avalanche method and the snowball method. He shows examples of each on his debt payment calculator spreadsheet tool. What else do you need to think about when paying off devt? Let us know in the comments! Video Link: Two Cents: What's The Fastest Way To Pay Off Debt? https://youtu.be/PvEUj_mRfIo?si=A0dhO2VAr5nq-X73 NYT Article: https://archive.nytimes.com/bucks.blogs.nytimes.com/2012/08/20/to-get-out-of-debt-it-may-help-to-think-small/?mcubz=3&_r=0 Dave Ramsey IRS Call: https://www.youtube.com/watch?v=pI4VMV9S28k Please don't forget to like, share, and subscribe! Doing so helps us grow and share HopeFilled financial wisdom. We release a new episode every Tuesday! Subscribe if you don't ever want to miss an episode! You can submit a question on our website (hopefilledfinancial.com) or message us on Facebook (@HopeFilledFinancial). Disclaimer: This podcast serves as educational entertainment only. Any and all opinions relating to real estate, law, taxes, insurance, and/or securities investing that may be contained within this podcast should not be interpreted or implemented as recommendations nor advice. The opinions related to these topics – especially those regulated by state and/or federal entities – should never be taken as replacement for advice from a competent, licensed professional. HopeFilled Financial Coaching is not liable for any individual acting on any understanding of topics directly or indirectly related to real estate, legal practice, taxes, insurance, or investing even if an individual in question changed their understanding after listening to this podcast. All listeners are entirely responsible for seeking advice from licensed professionals before taking any action of their own. Our Website: HopeFilledFinancial.com Music: "Take Me Higher" by Jahzzar Music Copyright License: This music is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by-sa/4.0/ or send a letter to Creative Commons, PO Box 1866, Mountain View, CA 94042, USA.

For the main topic, Jay shares his TOP 5 financial steps to take within the first two weeks of your child being born. While these may not seem urgent, just wait until you hear about #4! You can have a huge impact on your child's future financial success from the very day they are born! If there was anything we missed in this list, please let us know in the comments! Reference Links: Your Social Security Card Is Insecure - CGP Grey: https://www.youtube.com/watch?v=Erp8IAUouus ngpf Q/A of the Day: https://www.ngpf.org/blog/question-of-the-day/question-of-the-day-what-percent-of-minors-under-18-years-of-age-have-had-their-identity-stolen/ The Truth About Child Identity Theft: https://www.safehome.org/identity-theft-protection/child-identity-theft-protection/ Watch the full episode here: https://youtu.be/qw-S927vGr0 Main Topics Playlist: https://www.youtube.com/playlist?list=PLo6Zlf1BSGrZM50_NAabg7tOhASym2xxD Please don't forget to like, share, and subscribe! Doing so helps us grow and share HopeFilled financial wisdom. We release a new episode every Tuesday! Subscribe if you don't ever want to miss an episode! You can submit a question on our website (hopefilledfinancial.com) or message us on Facebook (@HopeFilledFinancial). Disclaimer: This podcast serves as educational entertainment only. Any and all opinions relating to real estate, law, taxes, insurance, and/or securities investing that may be contained within this podcast should not be interpreted or implemented as recommendations nor advice. The opinions related to these topics – especially those regulated by state and/or federal entities – should never be taken as replacement for advice from a competent, licensed professional. HopeFilled Financial Coaching is not liable for any individual acting on any understanding of topics directly or indirectly related to real estate, legal practice, taxes, insurance, or investing even if an individual in question changed their understanding after listening to this podcast. All listeners are entirely responsible for seeking advice from licensed professionals before taking any action of their own. Our Website: HopeFilledFinancial.com Music: "Take Me Higher" by Jahzzar Music Copyright License: This music is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by-sa/4.0/ or send a letter to Creative Commons, PO Box 1866, Mountain View, CA 94042, USA.

In today's story, Jay recounts the wild ride that was the birth of his second child. He missed the delivery by mere moments for an unexpected reason. If you like birth stories, this one will have you on the edge of your seat! Watch the full episode here: https://youtu.be/qw-S927vGr0 HopeFilled Stories Playlist: https://www.youtube.com/playlist?list=PLo6Zlf1BSGratro9fQ9aR4A2nBO_nygE9 Please don't forget to like, share, and subscribe! Doing so helps us grow and share HopeFilled financial wisdom. We release a new full episode every Tuesday! Disclaimer: This podcast serves as educational entertainment only. Any and all opinions relating to real estate, law, taxes, insurance, and/or securities investing that may be contained within this podcast should not be interpreted or implemented as recommendations nor advice. The opinions related to these topics – especially those regulated by state and/or federal entities – should never be taken as replacement for advice from a competent, licensed professional. HopeFilled Financial Coaching is not liable for any individual acting on any understanding of topics directly or indirectly related to real estate, legal practice, taxes, insurance, or investing even if an individual in question changed their understanding after listening to this podcast. All listeners are entirely responsible for seeking advice from licensed professionals before taking any action of their own. Our Website: HopeFilledFinancial.com

Should you freeze your new child's credit? Learn more about this and the Top 5 financial steps you should take ASAP after having a baby. If you have or are expecting children, today's episode is a must-listen! 00:00 - Intro 00:47 - I Missed My Son's Birth 15:20 - Top 5 Financial Steps After Baby 15:31 - #0 Update Your W-4 17:09 - #1 Call Insurance 18:33 - #2 Attain SSN and Birth Certificate 21:36 - #3 Update Will and Beneficiaries 24:33 - #4 Freeze Your Child's Credit! 33:12 - #5 Open Up An ESA or 529 In today's story, Jay recounts the wild ride that was the birth of his second child. He missed the delivery by mere moments for an unexpected reason. If you like birth stories, this one will have you on the edge of your seat! For the main topic, Jay shares his TOP 5 financial steps to take within the first two weeks of your child being born. While these may not seem urgent, just wait until you hear about #4! You can have a huge impact on your child's future financial success from the very day they are born! If there was anything we missed in this list, please let us know in the comments! Reference Links: Your Social Security Card Is Insecure - CGP Grey:https://www.youtube.com/watch?v=Erp8IAUouus ngpf Q/A of the Day: https://www.ngpf.org/blog/question-of-the-day/question-of-the-day-what-percent-of-minors-under-18-years-of-age-have-had-their-identity-stolen/ The Truth About Child Identity Theft: https://www.safehome.org/identity-theft-protection/child-identity-theft-protection/ Please don't forget to like, share, and subscribe! Doing so helps us grow and share HopeFilled financial wisdom. We release a new episode every Tuesday! Subscribe if you don't ever want to miss an episode! You can submit a question on our website (hopefilledfinancial.com) or message us on Facebook (@HopeFilledFinancial). Disclaimer: This podcast serves as educational entertainment only. Any and all opinions relating to real estate, law, taxes, insurance, and/or securities investing that may be contained within this podcast should not be interpreted or implemented as recommendations nor advice. The opinions related to these topics – especially those regulated by state and/or federal entities – should never be taken as replacement for advice from a competent, licensed professional. HopeFilled Financial Coaching is not liable for any individual acting on any understanding of topics directly or indirectly related to real estate, legal practice, taxes, insurance, or investing even if an individual in question changed their understanding after listening to this podcast. All listeners are entirely responsible for seeking advice from licensed professionals before taking any action of their own. Our Website: HopeFilledFinancial.com Music: "Take Me Higher" by Jahzzar Music Copyright License: This music is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by-sa/4.0/ or send a letter to Creative Commons, PO Box 1866, Mountain View, CA 94042, USA.

The main topic covers an example Jay calls "The Magic Coin Game." In this game, you gamble money by placing it on a table. A coin is flipped. If it is heads, you double your money. If it is tails, you lose half of your money. In the game, the house is willing to play with you as many times as you would like. Gambling everything every time does not result in any statistical advantage for you. However, you can play this game 100% by the rules and twist the odds in your favor. There can be mathematical certainty that you gain money if you play in a particular way. This is what makes the coin game magic! In the end, Jay describes how this game can be an analogy for asset allocation theory in the investing world. At the very least, it is a proof of concept in a simplified context. The math on this one might hurt your brain a little bit! Watch the full episode here: https://youtu.be/5iRDAfbkqh8 Main Topics Playlist: https://www.youtube.com/playlist?list=PLo6Zlf1BSGrZM50_NAabg7tOhASym2xxD Please don't forget to like, share, and subscribe! Doing so helps us grow and share HopeFilled financial wisdom. We release a new episode every Tuesday! Subscribe if you don't ever want to miss an episode! You can submit a question on our website (hopefilledfinancial.com) or message us on Facebook (@HopeFilledFinancial). Disclaimer: This podcast serves as educational entertainment only. Any and all opinions relating to real estate, law, taxes, insurance, and/or securities investing that may be contained within this podcast should not be interpreted or implemented as recommendations nor advice. The opinions related to these topics – especially those regulated by state and/or federal entities – should never be taken as replacement for advice from a competent, licensed professional. HopeFilled Financial Coaching is not liable for any individual acting on any understanding of topics directly or indirectly related to real estate, legal practice, taxes, insurance, or investing even if an individual in question changed their understanding after listening to this podcast. All listeners are entirely responsible for seeking advice from licensed professionals before taking any action of their own. Our Website: HopeFilledFinancial.com Music: "Take Me Higher" by Jahzzar Music Copyright License: This music is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by-sa/4.0/ or send a letter to Creative Commons, PO Box 1866, Mountain View, CA 94042, USA.

Can gambling really become investing? Has anyone done it before? In today's story, Jay shares a story about a couple who gamed the lottery and made MILLIONS! Jay describes how the mathematical certainty of this particular game allowed this couple to use the lottery as an investment. Normally, playing any lottery game purely amounts to a gamble with poor odds. If the house always wins, how is this story possible? Did the house make a mistake? Links: CBS Article: https://www.cbsnews.com/news/jerry-and-marge-go-large-selbee-lottery-loophole-60-minutes-2022-06-10/#:~:text=All%20told%2C%20the%20Selbees%20grossed,grandchildren%20pay%20for%20their%20educations.&text=Even%20as%20their%20lottery%20winnings,continued%20to%20live%20without%20extravagance. 60 Minutes Full Story: https://www.youtube.com/watch?v=jtv5COcjGhw Watch the full episode here: https://youtu.be/5iRDAfbkqh8 HopeFilled Stories Playlist: https://www.youtube.com/playlist?list=PLo6Zlf1BSGratro9fQ9aR4A2nBO_nygE9 Please don't forget to like, share, and subscribe! Doing so helps us grow and share HopeFilled financial wisdom. We release a new full episode every Tuesday! Disclaimer: This podcast serves as educational entertainment only. Any and all opinions relating to real estate, law, taxes, insurance, and/or securities investing that may be contained within this podcast should not be interpreted or implemented as recommendations nor advice. The opinions related to these topics – especially those regulated by state and/or federal entities – should never be taken as replacement for advice from a competent, licensed professional. HopeFilled Financial Coaching is not liable for any individual acting on any understanding of topics directly or indirectly related to real estate, legal practice, taxes, insurance, or investing even if an individual in question changed their understanding after listening to this podcast. All listeners are entirely responsible for seeking advice from licensed professionals before taking any action of their own. Our Website: HopeFilledFinancial.com

Can gambling really become investing? Has anyone done it before? 00:00 - Intro 00:42 - How The Selbees Gamed the Lottery 07:49 - The Magical Coin Game In today's story, Jay shares a story about a couple who gamed the lottery and made MILLIONS! Jay describes how the mathematical certainty of this particular game allowed this couple to use the lottery as an investment. Normally, playing any lottery game purely amounts to a gamble with poor odds. If the house always wins, how is this story possible? Did the house make a mistake? The main topic covers an example Jay calls "The Magic Coin Game." In this game, you gamble money by placing it on a table. A coin is flipped. If it is heads, you double your money. If it is tails, you lose half of your money. In the game, the house is willing to play with you as many times as you would like. Gambling everything every time does not result in any statistical advantage for you. However, you can play this game 100% by the rules and twist the odds in your favor. There can be mathematical certainty that you gain money if you play in a particular way. This is what makes the coin game magic! In the end, Jay describes how this game can be an analogy for asset allocation theory in the investing world. At the very least, it is a proof of concept in a simplified context. The math on this one might hurt your brain a little bit! Links: CBS Article: https://www.cbsnews.com/news/jerry-and-marge-go-large-selbee-lottery-loophole-60-minutes-2022-06-10/#:~:text=All%20told%2C%20the%20Selbees%20grossed,grandchildren%20pay%20for%20their%20educations.&text=Even%20as%20their%20lottery%20winnings,continued%20to%20live%20without%20extravagance. 60 Minutes Full Story: https://www.youtube.com/watch?v=jtv5COcjGhw Please don't forget to like, share, and subscribe! Doing so helps us grow and share HopeFilled financial wisdom. We release a new episode every Tuesday! Subscribe if you don't ever want to miss an episode! You can submit a question on our website (hopefilledfinancial.com) or message us on Facebook (@HopeFilledFinancial). Disclaimer: This podcast serves as educational entertainment only. Any and all opinions relating to real estate, law, taxes, insurance, and/or securities investing that may be contained within this podcast should not be interpreted or implemented as recommendations nor advice. The opinions related to these topics – especially those regulated by state and/or federal entities – should never be taken as replacement for advice from a competent, licensed professional. HopeFilled Financial Coaching is not liable for any individual acting on any understanding of topics directly or indirectly related to real estate, legal practice, taxes, insurance, or investing even if an individual in question changed their understanding after listening to this podcast. All listeners are entirely responsible for seeking advice from licensed professionals before taking any action of their own. Our Website: HopeFilledFinancial.com Music: "Take Me Higher" by Jahzzar Music Copyright License: This music is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by-sa/4.0/ or send a letter to Creative Commons, PO Box 1866, Mountain View, CA 94042, USA.

Do you really need life insurance? What factors impact your life insurance decisions? 00:00 - Intro 00:38 - Introducing Ben Krapu - Financial Advisor for Knights of Columbus 00:59 - Most Important Insurance Policies 02:20 - Is Life Insurance Essential For Everyone? 03:12 - Term vs Permanent Life Insurance 04:13 - Shopping Around - What to Look For? 07:26 - The Claim Process 10:36 - Is to Get Too Much Life Insurance Possible? 16:14 - Personal Life Insurance Philosophies 19:34 - Blanket Advice from the Internet 23:44 - Different Term Life Insurance Strategies 25:40 - Protecting Your Insurability 30:59 - Get Motivated to for Life Insurance 34:06 - Consequences 36:38 - Learn More About Ben and the Knights of Columbus In Episode 66 of the HopeFilled Financial Podcast, Jay interviews Ben Krapu, a financial advisor with the Knights of Columbus. Together, they discuss the need for life insurance and what you might need to know. Life insurance is a challenging topic to think about, but it can be an essential building block to your financial well-being. There are many types of life insurance products out there, and it is important for you to understand what will serve you best in your exact situation. This interview is a great introduction to the topic. What did you learn from today's episode? Links: More About the Knights of Columbus: https://www.kofc.org/en/what-we-do/insurance/index.html More About Ben: https://info.kofcassetadvisors.org/Meet-Ben-Krapu.html Please don't forget to like, share, and subscribe! Doing so helps us grow and share HopeFilled financial wisdom. We release a new episode every Tuesday! Subscribe if you don't ever want to miss an episode! You can submit a question on our website (hopefilledfinancial.com) or message us on Facebook (@HopeFilledFinancial). Disclaimer: This podcast serves as educational entertainment only. Any and all opinions relating to real estate, law, taxes, insurance, and/or securities investing that may be contained within this podcast should not be interpreted or implemented as recommendations nor advice. The opinions related to these topics – especially those regulated by state and/or federal entities – should never be taken as replacement for advice from a competent, licensed professional. HopeFilled Financial Coaching is not liable for any individual acting on any understanding of topics directly or indirectly related to real estate, legal practice, taxes, insurance, or investing even if an individual in question changed their understanding after listening to this podcast. All listeners are entirely responsible for seeking advice from licensed professionals before taking any action of their own. Our Website: HopeFilledFinancial.com Music: "Take Me Higher" by Jahzzar Music Copyright License: This music is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by-sa/4.0/ or send a letter to Creative Commons, PO Box 1866, Mountain View, CA 94042, USA.

How does inflation affect your retirement withdrawal strategy? Does inflation really matter?? The main topic is the results of Jay's new Time-Varied Inflation study. He reveals the differences and not-so-differences between using a flat rate for inflation vs using historical data for inflation and how your retirement strategy might affect the outcome of your nest egg. Watch the full episode here: https://youtu.be/I8TFUMUnG3E Main Topics Playlist: https://www.youtube.com/playlist?list=PLo6Zlf1BSGrZM50_NAabg7tOhASym2xxD Please don't forget to like, share, and subscribe! Doing so helps us grow and share HopeFilled financial wisdom. We release a new episode every Tuesday! Subscribe if you don't ever want to miss an episode! You can submit a question on our website (hopefilledfinancial.com) or message us on Facebook (@HopeFilledFinancial). Disclaimer: This podcast serves as educational entertainment only. Any and all opinions relating to real estate, law, taxes, insurance, and/or securities investing that may be contained within this podcast should not be interpreted or implemented as recommendations nor advice. The opinions related to these topics – especially those regulated by state and/or federal entities – should never be taken as replacement for advice from a competent, licensed professional. HopeFilled Financial Coaching is not liable for any individual acting on any understanding of topics directly or indirectly related to real estate, legal practice, taxes, insurance, or investing even if an individual in question changed their understanding after listening to this podcast. All listeners are entirely responsible for seeking advice from licensed professionals before taking any action of their own. Our Website: HopeFilledFinancial.com Music: "Take Me Higher" by Jahzzar Music Copyright License: This music is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by-sa/4.0/ or send a letter to Creative Commons, PO Box 1866, Mountain View, CA 94042, USA.

In today's story, Jay shares the inspiration for his new retirement study - YOU! A comment on the "I Called Dave Ramsey..." video (https://youtu.be/F4X1l2HfA2c) sparked a conversation that lead to Jay completing a new retirement simulation study using time-varied inflation. Your comments can truly impact this podcast! Watch the full episode here: https://youtu.be/I8TFUMUnG3E HopeFilled Stories Playlist: https://www.youtube.com/playlist?list=PLo6Zlf1BSGratro9fQ9aR4A2nBO_nygE9 Please don't forget to like, share, and subscribe! Doing so helps us grow and share HopeFilled financial wisdom. We release a new full episode every Tuesday! Disclaimer: This podcast serves as educational entertainment only. Any and all opinions relating to real estate, law, taxes, insurance, and/or securities investing that may be contained within this podcast should not be interpreted or implemented as recommendations nor advice. The opinions related to these topics – especially those regulated by state and/or federal entities – should never be taken as replacement for advice from a competent, licensed professional. HopeFilled Financial Coaching is not liable for any individual acting on any understanding of topics directly or indirectly related to real estate, legal practice, taxes, insurance, or investing even if an individual in question changed their understanding after listening to this podcast. All listeners are entirely responsible for seeking advice from licensed professionals before taking any action of their own. Our Website: HopeFilledFinancial.com

How does inflation affect your retirement withdrawal strategy? Does inflation really matter?? 00:00 - Intro 00:48 - The Comment That Caused My New Study 07:55 - Results of Time-Varied Inflation Study In today's story, Jay shares the inspiration for his new retirement study - YOU! A comment on the "I Called Dave Ramsey..." video (https://youtu.be/F4X1l2HfA2c) sparked a conversation that lead to Jay completing a new retirement simulation study using time-varied inflation. Your comments can truly impact this podcast! The main topic is the results of Jay's new Time-Varied Inflation study. He reveals the differences and not-so-differences between using a flat rate for inflation vs using historical data for inflation and how your retirement strategy might affect the outcome of your nest egg. Please don't forget to like, share, and subscribe! Doing so helps us grow and share HopeFilled financial wisdom. We release a new episode every Tuesday! Subscribe if you don't ever want to miss an episode! You can submit a question on our website (hopefilledfinancial.com) or message us on Facebook (@HopeFilledFinancial). Disclaimer: This podcast serves as educational entertainment only. Any and all opinions relating to real estate, law, taxes, insurance, and/or securities investing that may be contained within this podcast should not be interpreted or implemented as recommendations nor advice. The opinions related to these topics – especially those regulated by state and/or federal entities – should never be taken as replacement for advice from a competent, licensed professional. HopeFilled Financial Coaching is not liable for any individual acting on any understanding of topics directly or indirectly related to real estate, legal practice, taxes, insurance, or investing even if an individual in question changed their understanding after listening to this podcast. All listeners are entirely responsible for seeking advice from licensed professionals before taking any action of their own. Our Website: HopeFilledFinancial.com Music: "Take Me Higher" by Jahzzar Music Copyright License: This music is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by-sa/4.0/ or send a letter to Creative Commons, PO Box 1866, Mountain View, CA 94042, USA.

The main topic is a count down of the "Top 10 Redundant Insurance Policies" that Jay does not have. You probably don't need these either... If you are looking to cut costs for your insurance premiums, consider abandoning some of these policies all together. This can be a small help or a game changer for HopeFilled FootStep #2. As explored in the episode, insurance is intended to defer undue risk that you cannot take on yourself. If the risk is not undue, or you can handle the risk on your own, then is the insurance needed? If the insurance is redundant to another policy, but more limiting, is it needed? Links covered in today's main topic: Business Insider on Cild Life Insurance 1: https://www.businessinsider.com/personal-finance/life-insurance-for-children?op=1 Business Insider on Cild Life Insurance 2: https://www.businessinsider.com/do-children-need-life-insurance-2014-6 Policygenius on Accident Insurance: https://www.policygenius.com/disability-insurance/what-is-accident-insurance/ Nerdwallet on Accidental Death: https://www.nerdwallet.com/article/insurance/life-insurance-accidental-death USAA on Mortgage Life Insurance: https://www.usaa.com/inet/wc/advice-insurance-a-guide-to-mortgage-life-insurance?akredirect=true Forbes Asvisor on Hospital Indemnity Insurance: https://www.forbes.com/advisor/health-insurance/hospital-indemnity-insurance/ HealthInsurance.org on Cancer Insurance: https://www.healthinsurance.org/supplemental-products/cancer-insurance/#:~:text=How%20does%20cancer%20insurance%20work,use%20as%20they%20see%20fit. Nerdwallet on Gap Insurance: https://www.nerdwallet.com/article/insurance/gap-insurance Car and Driver on Rental Car Insurance: https://www.caranddriver.com/car-insurance/a32500214/should-i-get-rental-car-insurance/ Forbes Advisor on Windshield Insurance: https://www.forbes.com/advisor/car-insurance/windshield-repair/ US.News on Home Warranties: https://www.usnews.com/360-reviews/services/home-warranty/how-does-home-warranty-work Watch the full episode here: https://youtu.be/H5CTueUL5ME Main Topics Playlist: https://www.youtube.com/playlist?list=PLo6Zlf1BSGrZM50_NAabg7tOhASym2xxD Please don't forget to like, share, and subscribe! Doing so helps us grow and share HopeFilled financial wisdom. We release a new episode every Tuesday! Subscribe if you don't ever want to miss an episode! You can submit a question on our website (hopefilledfinancial.com) or message us on Facebook (@HopeFilledFinancial). Disclaimer: This podcast serves as educational entertainment only. Any and all opinions relating to real estate, law, taxes, insurance, and/or securities investing that may be contained within this podcast should not be interpreted or implemented as recommendations nor advice. The opinions related to these topics – especially those regulated by state and/or federal entities – should never be taken as replacement for advice from a competent, licensed professional. HopeFilled Financial Coaching is not liable for any individual acting on any understanding of topics directly or indirectly related to real estate, legal practice, taxes, insurance, or investing even if an individual in question changed their understanding after listening to this podcast. All listeners are entirely responsible for seeking advice from licensed professionals before taking any action of their own. Our Website: HopeFilledFinancial.com Music: "Take Me Higher" by Jahzzar Music Copyright License: This music is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by-sa/4.0/ or send a letter to Creative Commons, PO Box 1866, Mountain View, CA 94042, USA.

In today's story, Jay explores the lawsuit against Gerber Life for their Grow-Up Plan's allegedly "misleading" advertisements. What is the Gerber Life Grow-Up Plan? Why were the ads allegedly "dishonest"? What was the final verdict on the case? Did Gerber Life win or lose? What does this have to do with YOU? Find out in today's story! Links covered in today's story: Classic Gerber Ad: https://www.youtube.com/watch?v=LMF7nMhYwXo Gerber Life Grow-Up Website: https://www.gerberlife.com/child-life-insurance/grow-up-plan Dave Ramsey Blows a Gerber Gasket: https://www.youtube.com/watch?v=4c8RH0ZjftM The Gerber Life College Plan Ad: https://www.youtube.com/watch?v=JC8eD8Af2XU The Gerber Life College Plan FAQ: https://www.youtube.com/watch?v=LlfCNII8qFU Business Insider on Gerber Life: https://www.businessinsider.com/gerber-college-savings-plan-2014-6 The Gerber Life College Plan Website: https://www.gerberlife.com/saving-for-college/college-plan The Ring of Fire Gerber Life Lawsuit Coverage: https://www.youtube.com/watch?v=sAdMC9dhGLk Westlaw Today Judge's Verdict: https://today.westlaw.com/Document/I344b262d76f411ebbea4f0dc9fb69570/View/FullText.html?transitionType=Default&contextData=(sc.Default)&firstPage=true Watch the full episode here: https://youtu.be/H5CTueUL5ME HopeFilled Stories Playlist: https://www.youtube.com/playlist?list=PLo6Zlf1BSGratro9fQ9aR4A2nBO_nygE9 Please don't forget to like, share, and subscribe! Doing so helps us grow and share HopeFilled financial wisdom. We release a new full episode every Tuesday! Disclaimer: This podcast serves as educational entertainment only. Any and all opinions relating to real estate, law, taxes, insurance, and/or securities investing that may be contained within this podcast should not be interpreted or implemented as recommendations nor advice. The opinions related to these topics – especially those regulated by state and/or federal entities – should never be taken as replacement for advice from a competent, licensed professional. HopeFilled Financial Coaching is not liable for any individual acting on any understanding of topics directly or indirectly related to real estate, legal practice, taxes, insurance, or investing even if an individual in question changed their understanding after listening to this podcast. All listeners are entirely responsible for seeking advice from licensed professionals before taking any action of their own. Our Website: HopeFilledFinancial.com

Does a child need life insurance? What other insurances DON'T you need? 00:00 - Intro 00:57 - Gerber Life Grow-Up Plan Lawsuit! (Story) 17:46 - Top 10 Redundant Insurance Products (Main Topic) 17:54 - #1 Whole Life For Children 20:33 - #2 Accident 22:57 - #3 Accidental Death and Dismemberment 25:33 - #4 Mortgage Life 28:56 - #5 Hospital Indemnity 31:45 - #6 Cancer 34:20 - #7 Gap 37:03 - #8 Rental Car 38:42 - #9 Windshield Repair 40:25 - #10 Home Warranty In today's story, Jay explores the lawsuit against Gerber Life for their Grow-Up Plan's allegedly "misleading" advertisements. What is the Gerber Life Grow-Up Plan? Why were the ads allegedly "dishonest"? What was the final verdict on the case? Did Gerber Life win or lose? What does this have to do with YOU? Find out in today's story! The main topic is a count down of the "Top 10 Redundant Insurance Policies" that Jay does not have. You probably don't need these either... If you are looking to cut costs for your insurance premiums, consider abandoning some of these policies all together. This can be a small help or a game changer for HopeFilled FootStep #2. As explored in the episode, insurance is intended to defer undue risk that you cannot take on yourself. If the risk is not undue, or you can handle the risk on your own, then is the insurance needed? If the insurance is redundant to another policy, but more limiting, is it needed? Links covered in today's story: Classic Gerber Ad: https://www.youtube.com/watch?v=LMF7nMhYwXo Gerber Life Grow-Up Website: https://www.gerberlife.com/child-life-insurance/grow-up-plan Dave Ramsey Blows a Gerber Gasket: https://www.youtube.com/watch?v=4c8RH0ZjftM The Gerber Life College Plan Ad: https://www.youtube.com/watch?v=JC8eD8Af2XU The Gerber Life College Plan FAQ: https://www.youtube.com/watch?v=LlfCNII8qFU Business Insider on Gerber Life: https://www.businessinsider.com/gerber-college-savings-plan-2014-6 The Gerber Life College Plan Website: https://www.gerberlife.com/saving-for-college/college-plan The Ring of Fire Gerber Life Lawsuit Coverage: https://www.youtube.com/watch?v=sAdMC9dhGLk Westlaw Today Judge's Verdict: https://today.westlaw.com/Document/I344b262d76f411ebbea4f0dc9fb69570/View/FullText.html?transitionType=Default&contextData=(sc.Default)&firstPage=true Links covered in today's main topic: Business Insider on Cild Life Insurance 1: https://www.businessinsider.com/personal-finance/life-insurance-for-children?op=1 Business Insider on Cild Life Insurance 2: https://www.businessinsider.com/do-children-need-life-insurance-2014-6 Policygenius on Accident Insurance: https://www.policygenius.com/disability-insurance/what-is-accident-insurance/ Nerdwallet on Accidental Death: https://www.nerdwallet.com/article/insurance/life-insurance-accidental-death USAA on Mortgage Life Insurance: https://www.usaa.com/inet/wc/advice-insurance-a-guide-to-mortgage-life-insurance?akredirect=true Forbes Asvisor on Hospital Indemnity Insurance: https://www.forbes.com/advisor/health-insurance/hospital-indemnity-insurance/ HealthInsurance.org on Cancer Insurance: https://www.healthinsurance.org/supplemental-products/cancer-insurance/#:~:text=How%20does%20cancer%20insurance%20work,use%20as%20they%20see%20fit. Nerdwallet on Gap Insurance: https://www.nerdwallet.com/article/insurance/gap-insurance Car and Driver on Rental Car Insurance: https://www.caranddriver.com/car-insurance/a32500214/should-i-get-rental-car-insurance/ Forbes Advisor on Windshield Insurance: https://www.forbes.com/advisor/car-insurance/windshield-repair/ US.News on Home Warranties: https://www.usnews.com/360-reviews/services/home-warranty/how-does-home-warranty-work Disclaimer: This podcast serves as educational entertainment only. Any and all opinions relating to real estate, law, taxes, insurance, and/or securities investing that may be contained within this podcast should not be interpreted or implemented as recommendations nor advice. The opinions related to these topics – especially those regulated by state and/or federal entities – should never be taken as replacement for advice from a competent, licensed professional. HopeFilled Financial Coaching is not liable for any individual acting on any understanding of topics directly or indirectly related to real estate, legal practice, taxes, insurance, or investing even if an individual in question changed their understanding after listening to this podcast. All listeners are entirely responsible for seeking advice from licensed professionals before taking any action of their own. Our Website: HopeFilledFinancial.com Music: "Take Me Higher" by Jahzzar Music Copyright License: This music is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by-sa/4.0/ or send a letter to Creative Commons, PO Box 1866, Mountain View, CA 94042, USA.

The main topic is a review of the article "What Are Health Care Sharing Ministries? (HCSMs)" by Investopedia (https://www.investopedia.com/what-are-health-care-sharing-ministries-hcsm-5207450). Jay's commentary on the article should help you know what to research if you are considering a Health Care Sharing Ministry to cover your medical risks. One thing excluded from this article, that you should know about, is that an HCSM will not give you access to an HSA. If having an HSA is a big part of your plan, and HCSM may not be for you. Watch the full episode here: https://youtu.be/hdJmLogazwk Main Topics Playlist: https://www.youtube.com/playlist?list=PLo6Zlf1BSGrZM50_NAabg7tOhASym2xxD Please don't forget to like, share, and subscribe! Doing so helps us grow and share HopeFilled financial wisdom. We release a new episode every Tuesday! Subscribe if you don't ever want to miss an episode! You can submit a question on our website (hopefilledfinancial.com) or message us on Facebook (@HopeFilledFinancial). Disclaimer: This podcast serves as educational entertainment only. Any and all opinions relating to real estate, law, taxes, insurance, and/or securities investing that may be contained within this podcast should not be interpreted or implemented as recommendations nor advice. The opinions related to these topics – especially those regulated by state and/or federal entities – should never be taken as replacement for advice from a competent, licensed professional. HopeFilled Financial Coaching is not liable for any individual acting on any understanding of topics directly or indirectly related to real estate, legal practice, taxes, insurance, or investing even if an individual in question changed their understanding after listening to this podcast. All listeners are entirely responsible for seeking advice from licensed professionals before taking any action of their own. Our Website: HopeFilledFinancial.com Music: "Take Me Higher" by Jahzzar Music Copyright License: This music is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by-sa/4.0/ or send a letter to Creative Commons, PO Box 1866, Mountain View, CA 94042, USA.

In today's story, Jay describes what prompted him to switch to a Health Care Sharing Ministry to defer his risk of the #1 reason for bankruptcy - medical bills. Jay's health insurance offered a very high premium for an outrageously astronomical deductible - risk was not deferred properly. This left Jay searching for a solution to protect his new family. Watch the full episode here: https://youtu.be/hdJmLogazwk HopeFilled Stories Playlist: https://www.youtube.com/playlist?list=PLo6Zlf1BSGratro9fQ9aR4A2nBO_nygE9 Please don't forget to like, share, and subscribe! Doing so helps us grow and share HopeFilled financial wisdom. We release a new full episode every Tuesday! Disclaimer: This podcast serves as educational entertainment only. Any and all opinions relating to real estate, law, taxes, insurance, and/or securities investing that may be contained within this podcast should not be interpreted or implemented as recommendations nor advice. The opinions related to these topics – especially those regulated by state and/or federal entities – should never be taken as replacement for advice from a competent, licensed professional. HopeFilled Financial Coaching is not liable for any individual acting on any understanding of topics directly or indirectly related to real estate, legal practice, taxes, insurance, or investing even if an individual in question changed their understanding after listening to this podcast. All listeners are entirely responsible for seeking advice from licensed professionals before taking any action of their own. Our Website: HopeFilledFinancial.com

Why is Health Insurance so expensive!? Are there any alternatives? 00:00 - Intro 00:23 - My Switch to a Health Care Sharing Ministry 09:44 - What Are Health Care Sharing Ministries? - Investopedia In today's story, Jay describes what prompted him to switch to a Health Care Sharing Ministry to defer his risk of the #1 reason for bankruptcy - medical bills. Jay's health insurance offered a very high premium for an outrageously astronomical deductible - risk was not deferred properly. This left Jay searching for a solution to protect his new family. The main topic is a review of the article "What Are Health Care Sharing Ministries? (HCSMs)" by Investopedia (https://www.investopedia.com/what-are-health-care-sharing-ministries-hcsm-5207450). Jay's commentary on the article should help you know what to research if you are considering a Health Care Sharing Ministry to cover your medical risks. One thing excluded from this article, that you should know about, is that an HCSM will not give you access to an HSA. If having an HSA is a big part of your plan, and HCSM may not be for you. Please don't forget to like, share, and subscribe! Doing so helps us grow and share HopeFilled financial wisdom. We release a new episode every Tuesday! Subscribe if you don't ever want to miss an episode! You can submit a question on our website (hopefilledfinancial.com) or message us on Facebook (@HopeFilledFinancial). Disclaimer: This podcast serves as educational entertainment only. Any and all opinions relating to real estate, law, taxes, insurance, and/or securities investing that may be contained within this podcast should not be interpreted or implemented as recommendations nor advice. The opinions related to these topics – especially those regulated by state and/or federal entities – should never be taken as replacement for advice from a competent, licensed professional. HopeFilled Financial Coaching is not liable for any individual acting on any understanding of topics directly or indirectly related to real estate, legal practice, taxes, insurance, or investing even if an individual in question changed their understanding after listening to this podcast. All listeners are entirely responsible for seeking advice from licensed professionals before taking any action of their own. Our Website: HopeFilledFinancial.com Music: "Take Me Higher" by Jahzzar Music Copyright License: This music is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by-sa/4.0/ or send a letter to Creative Commons, PO Box 1866, Mountain View, CA 94042, USA.

HopeFilled Financial FootStep #2 is called "Take Control." In order for you to have success with your money, you need to be telling it what to do, not the other way around. You need a foundation and a strategy that is strong. If you have control of your money, you can reduce your risks of failure. The key steps to taking control are 1) Learn How To Budget 2) Update Insurance 3) Stop Adding Debt 4) Don't Go Alone 5) Begin with the End in Mind and 6) Know Your "Why." If you need motivation to start budgeting, check out this episode: https://www.youtube.com/watch?v=GUu2RRQwjTM&t=0s If you need a deep dive into budgeting, check out this episode: https://www.youtube.com/watch?v=byiocGDfdmk&list=PLo6Zlf1BSGrZGUYSkL8pyhTZHY7xtJbXx&index=2 Watch the full episode here: https://youtu.be/ShVxf06pa_o Main Topics Playlist: https://www.youtube.com/playlist?list=PLo6Zlf1BSGrZM50_NAabg7tOhASym2xxD Please don't forget to like, share, and subscribe! Doing so helps us grow and share HopeFilled financial wisdom. We release a new episode every Tuesday! Subscribe if you don't ever want to miss an episode! You can submit a question on our website (hopefilledfinancial.com) or message us on Facebook (@HopeFilledFinancial). Disclaimer: This podcast serves as educational entertainment only. Any and all opinions relating to real estate, law, taxes, insurance, and/or securities investing that may be contained within this podcast should not be interpreted or implemented as recommendations nor advice. The opinions related to these topics – especially those regulated by state and/or federal entities – should never be taken as replacement for advice from a competent, licensed professional. HopeFilled Financial Coaching is not liable for any individual acting on any understanding of topics directly or indirectly related to real estate, legal practice, taxes, insurance, or investing even if an individual in question changed their understanding after listening to this podcast. All listeners are entirely responsible for seeking advice from licensed professionals before taking any action of their own. Our Website: HopeFilledFinancial.com Music: "Take Me Higher" by Jahzzar Music Copyright License: This music is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by-sa/4.0/ or send a letter to Creative Commons, PO Box 1866, Mountain View, CA 94042, USA.

Are you in control of your money, or does your money control you?? Find out how to TAKE CONTROL in this episode about HopeFilled Financial FootStep #2. 00:00 - Intro 00:36 - How Good Strategies Helped Me (Story) 07:04 - Overcoming Failure (ft. Improvement Pill) 12:22 - HopeFilled FootStep #2 - Take Control (Main Topic) Today's story is about how trying to increase finite willpower left Jay binging after a 30 day diet. If our willpower is a finite resource, what can we do to actually succeed? Can we apply a strategy in our schedule or environment that reduces the willpower we need to have to succeed? The Improvement Pill video (www.youtube.com/watch?v=9oqWlUfxmn0) helps us expand our understanding of failure, success, and strategy. HopeFilled Financial FootStep #2 is called "Take Control." In order for you to have success with your money, you need to be telling it what to do, not the other way around. You need a foundation and a strategy that is strong. If you have control of your money, you can reduce your risks of failure. The key steps to taking control are 1) Learn How To Budget 2) Update Insurance 3) Stop Adding Debt 4) Don't Go Alone 5) Begin with the End in Mind and 6) Know Your "Why." If you need motivation to start budgeting, check out this episode: https://www.youtube.com/watch?v=GUu2RRQwjTM&t=0s If you need a deep dive into budgeting, check out this episode: https://www.youtube.com/watch?v=byiocGDfdmk&list=PLo6Zlf1BSGrZGUYSkL8pyhTZHY7xtJbXx&index=2 Please don't forget to like, share, and subscribe! Doing so helps us grow and share HopeFilled financial wisdom. We release a new episode every Tuesday! Subscribe if you don't ever want to miss an episode! You can submit a question on our website (hopefilledfinancial.com) or message us on Facebook (@HopeFilledFinancial). Disclaimer: This podcast serves as educational entertainment only. Any and all opinions relating to real estate, law, taxes, insurance, and/or securities investing that may be contained within this podcast should not be interpreted or implemented as recommendations nor advice. The opinions related to these topics – especially those regulated by state and/or federal entities – should never be taken as replacement for advice from a competent, licensed professional. HopeFilled Financial Coaching is not liable for any individual acting on any understanding of topics directly or indirectly related to real estate, legal practice, taxes, insurance, or investing even if an individual in question changed their understanding after listening to this podcast. All listeners are entirely responsible for seeking advice from licensed professionals before taking any action of their own. Our Website: HopeFilledFinancial.com Music: "Take Me Higher" by Jahzzar Music Copyright License: This music is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by-sa/4.0/ or send a letter to Creative Commons, PO Box 1866, Mountain View, CA 94042, USA.