Life Money Balance® Podcast

Join Dr. Preston Cherry and Dr. Russell James, as they discuss how charitable giving and tax planning can work together. Plus, they break down tricky tax stuff, including how to deal with estate and income taxes smartly. Want to learn more? Connect with us below! Dr. Russell James on LinkedInDr. Preston D. Cherry on LinkedInDr. Preston D. Cherry’s WebsiteReady to explore these tax planning strategies for financial acceleration? Visit our website for more insights and personalized guidance. Click here to go to our website: https://concurrentfp.com

Are you considering retiring abroad? Join Dr. Preston Cherry and Jane Mepham from El Gon Financial Advisors, as they unravel the mysteries of retiring outside the United States. From busting myths about U.S. taxation for expats to exploring the profound impact of culture and community, leave no stones unturned in this episode. Want to learn more? Connect with us below! Jane Mepham on LinkedInDr. Preston D. Cherry on LinkedInDr. Preston D. Cherry’s WebsiteReady to explore these tax planning strategies for financial acceleration? Visit our website for more insights and personalized guidance. Our website: https://concurrentfp.com

Are you thinking about retirement? As a business owner, if you’re not, you should be. This week, Dr. Preston Cherry is joined by Rickie Taylor to help business owners craft a retirement strategy that does double duty—fuelling your business growth while securing your retirement goals. Thanks to the SECURE Act 2.0, Dr. Cherry and Rickie Taylor dissect the potential of overlooked tax credits and deadlines that could transform the cost of setting up retirement plans from daunting to doable. From the solo entrepreneur to the traditional small business, Episode 34 equips listeners with the tools and best practices to achieve their vision of a financially secure future. Want to learn more? Connect with us below! Rickie Taylor on LinkedIn Dr. Preston D. Cherry on LinkedInDr. Preston D. Cherry’s Website Ready to explore these tax planning strategies for financial acceleration? Visit our website for more insights and personalized guidance. Our website: https://concurrentfp.com

When we say we’re “securing the bag,” do we really understand what we’re looking for? Marques Ogden, keynote speaker and former NFL player, joins me as “securing the bag” takes on a brand new definition as we peel back the layers to uncover the heart and soul of what it really means to achieve fulfillment in life. Through his vast experiences, Marques illustrates that the chase for the bag isn't just about the bank balance—it's about discovering hope, igniting inspiration, and celebrating personal victories that resonate far beyond the material. Looking to start aligning your life and money? Check out the links below! Marques' WebsiteLinkedinInstagramLinkedInDr. Preston D. Cherry’s WebsiteReady to explore these tax planning strategies for financial acceleration? Visit our website for more insights and personalized guidance. Our website: https://concurrentfp.com #SecuretheBag #LifeMoneyBalance #MarquesOgden #PersonalGrowth #FinancialSuccess

Are you hiding financial secrets from your partner? If you are, you’re not alone. A new study finds that about 42% of couples admit to keeping secrets about money; that’s almost half of all couples! This week, I sat down with Dr. Michael Thomas, Ph.D., AFC®, to discuss the often-overlooked issue of fiscal secrecy and its impact on relationships. A sneaky ice cream trip with the kids can sometimes become more than just a sweet treat, creating a pattern of behaviors detrimental to the relationship. Unveiling the reasons behind people’s financial actions, this episode with Dr. Thomas offers a guide out of the shadows of monetary mistrust. Want to hear more from Dr. Michael Thomas? Dr. Michael Thomas on LinkedInDr. Michael Thomas on XDr. Michael Thomas on InstagramDr. Michael Thomas’s book on Black Financial Culture Ready to explore these tax planning strategies for financial acceleration? Visit our website for more insights and personalized guidance. Download your FREE guide: 10 Questions to Discover Your Money Mind, Aspirations & FreedomSubscribe to Life Money Balance® YouTube for content beyond the podcastDiscover a client relationship. Schedule a FREE, 20-minute Good Fit MeetingConnect with us across social media for more content - top right cornerFind your story & learn about services that fit your journeyThank you for tuning in; we hope the information is educational and valuable. Remember to like and subscribe to the LMB® channel. We appreciate you. Listen to the disclaimer at the end of the show. #lifemoneybalance, #financialfreedom, #retirement, #aspiration, #wellbeing, #wealthbuiding, #wealth, #financialwellness, #compassion, #financialeducation

Today, we're not just crunching numbers; we're delving into the neuroscience behind your spending habits, as Dr. Alex Melkumian helps illuminate the chemical reactions like cortisol and oxytocin that drive our financial behaviors. From identifying emotional triggers to understanding money scripts shaped by our past, this conversation is a deep dive into aligning the heart and mind for smarter financial decisions. And as always, we remind you that while we're here to educate and inspire, nothing beats tailored advice from a financial professional when it comes to your personal money matters. >>Download your FREE guide: 10 Questions to Discover Your Money Mind, >>Aspirations & Freedom >>Subscribe to Life Money Balance® YouTube for content beyond the podcast >>Discover a client relationship. Schedule a FREE, 20-minute Good Fit Meeting >>Connect with us across social media for more content - top right corner >>Find your story & learn about services that fit your journey Thank you for tuning in; we hope the information is educational and valuable. Remember to like and subscribe to the LMB® channel. We appreciate you. Listen to the disclaimer at the end of the show. #lifemoneybalance, #financialfreedom, #retirement, #aspiration, #wellbeing, #wealthbuiding, #wealth, #financialwellness, #compassion, #financialeducation

This week, we sit down with Don Graves, to have a discussion about retirement income planning. As we unravel the complexities of reverse mortgages, you'll discover the transformative potential these tools hold for your golden years. From debunking long-held myths to highlighting the modern applications of this misunderstood financial instrument, we dive into the heart of managing wealth when the traditional working years are behind you. This episode isn't just about presenting options; it's about equipping you with knowledge to make informed decisions in partnership with expert advisors, ensuring that your retirement planning is as robust and secure as possible. >>Download your FREE guide: 10 Questions to Discover Your Money Mind, >>Aspirations & Freedom >>Subscribe to Life Money Balance® YouTube for content beyond the podcast >>Discover a client relationship. Schedule a FREE, 20-minute Good Fit Meeting >>Connect with us across social media for more content - top right corner >>Find your story & learn about services that fit your journey Thank you for tuning in; we hope the information is educational and valuable. Remember to like and subscribe to the LMB® channel. We appreciate you. Listen to the disclaimer at the end of the show. #lifemoneybalance, #financialfreedom, #retirement, #aspiration, #wellbeing, #wealthbuiding, #wealth, #financialwellness, #compassion, #financialeducation

Embark on a transformative journey with us as we explore the impact of positive psychology on financial resolutions, guided by the insightful expertise of Ashley Quamme. Discover how a shift in mindset, from mere goal-setting to embracing well-being and purpose, can turn your New Year's aspirations into reality. You'll learn the significance of writing down intentions for enhanced clarity and success, and why understanding the profound interplay between emotions and financial security is crucial for happiness. This episode promises to illuminate your path to financial well-being with the enlightening principles of positive psychology. >>Download your FREE guide: 10 Questions to Discover Your Money Mind, >>Aspirations & Freedom >>Subscribe to Life Money Balance® YouTube for content beyond the podcast >>Discover a client relationship. Schedule a FREE, 20-minute Good Fit Meeting >>Connect with us across social media for more content - top right corner >>Find your story & learn about services that fit your journey Thank you for tuning in; we hope the information is educational and valuable. Remember to like and subscribe to the LMB® channel. We appreciate you. Listen to the disclaimer at the end of the show. #lifemoneybalance, #financialfreedom, #retirement, #aspiration, #wellbeing, #wealthbuiding, #wealth, #financialwellness, #compassion, #financialeducation

Ever found yourself pondering whether to place your hard-earned cash into that one golden stock or to play it safe across the board? Join me, Dr. Preston Cherry, as we navigate the treacherous yet potentially lucrative waters of concentration risk in investment portfolios. Discover why betting big on a single sector, like tech, or diversifying your stakes among the vast sea of the S&P 500 can each steer your financial ship towards vastly different horizons. >>Download your FREE guide: 10 Questions to Discover Your Money Mind, >>Aspirations & Freedom >>Subscribe to Life Money Balance® YouTube for content beyond the podcast >>Discover a client relationship. Schedule a FREE, 20-minute Good Fit Meeting >>Connect with us across social media for more content - top right corner >>Find your story & learn about services that fit your journey Thank you for tuning in; we hope the information is educational and valuable. Remember to like and subscribe to the LMB® channel. We appreciate you. Listen to the disclaimer at the end of the show. #lifemoneybalance, #financialfreedom, #retirement, #aspiration, #wellbeing, #wealthbuiding, #wealth, #financialwellness, #compassion, #financialeducation

Joining us on our latest episode is Charles H. Cherry Jr., my father, who brings a treasure trove of insights on how to gracefully glide into retirement. He and my mom have navigated the financial seas with a keen eye on their 401K and emergency funds, charting a course to a retirement filled with exploration, hobbies, and the luxury of time unbound by the nine-to-five. Through their story, we unearth the critical steps for financial security and the personal philosophies that have made their transition not just a mere change of pace, but an adventure in its own right. >>Download your FREE guide: 10 Questions to Discover Your Money Mind, >>Aspirations & Freedom >>Subscribe to Life Money Balance® YouTube for content beyond the podcast >>Discover a client relationship. Schedule a FREE, 20-minute Good Fit Meeting >>Connect with us across social media for more content - top right corner >>Find your story & learn about services that fit your journey Thank you for tuning in; we hope the information is educational and valuable. Remember to like and subscribe to the LMB® channel. We appreciate you. Listen to the disclaimer at the end of the show. #lifemoneybalance, #financialfreedom, #retirement, #aspiration, #wellbeing, #wealthbuiding, #wealth, #financialwellness, #compassion, #financialeducation

Ever grappled with the discomfort that creeps in when checking your bank account? You're not alone. Pull up a chair as Dr. Preston Cherry, join forces with the remarkable Aja Evans to unravel the tangled web of emotions that underpin our financial behaviors. This meeting of minds on Life Money Balance goes beyond dollars and cents to address the psychological weight of money shame—a burden that knows no tax bracket. Prepare to have your eyes opened to the universal truths of financial emotions and the steps you can take to foster resilience and a healthier bank account. >>Download your FREE guide: 10 Questions to Discover Your Money Mind, >>Aspirations & Freedom >>Subscribe to Life Money Balance® YouTube for content beyond the podcast >>Discover a client relationship. Schedule a FREE, 20-minute Good Fit Meeting >>Connect with us across social media for more content - top right corner >>Find your story & learn about services that fit your journey Thank you for tuning in; we hope the information is educational and valuable. Remember to like and subscribe to the LMB® channel. We appreciate you. Listen to the disclaimer at the end of the show. #lifemoneybalance, #financialfreedom, #retirement, #aspiration, #wellbeing, #wealthbuiding, #wealth, #financialwellness, #compassion, #financialeducation

Are you ready to finally feel confident about your financial future? Let's dive into one of the most critical cornerstones of secure retirement planning - the Secure Act 2.0. We're breaking it down into four key ways in which this act can revolutionize your retirement strategy, particularly if you're a Gen Xer. From securing higher contribution rates to employer-sponsored retirement plans and aligning money with life goals to leveraging the Internal Revenue Code for financial planning, we're giving you the tools to navigate your journey towards financial security. >>Download your FREE guide: 10 Questions to Discover Your Money Mind, >>Aspirations & Freedom >>Subscribe to Life Money Balance® YouTube for content beyond the podcast >>Discover a client relationship. Schedule a FREE, 20-minute Good Fit Meeting >>Connect with us across social media for more content - top right corner >>Find your story & learn about services that fit your journey Thank you for tuning in; we hope the information is educational and valuable. Remember to like and subscribe to the LMB® channel. We appreciate you. Listen to the disclaimer at the end of the show. #lifemoneybalance, #financialfreedom, #retirement, #aspiration, #wellbeing, #wealthbuiding, #wealth, #financialwellness, #compassion, #financialeducation

Ever feel like you're caught in the middle, financially? Between caring for adult children, supporting elderly parents, and preparing for your own retirement, navigating the financial landscape as a Gen Xer can seem overwhelming. But don't worry - we're here to help! Join Dr. Preston Cherry as he unpacks the unique money matters Gen Xers grapple with and explore empowering strategies to confidently take control of your finances. We're talking eye-opening statistics, the impact of inflation on retirement planning, and the magic of automating savings. So, gear up to take proactive steps in securing your financial future and cheers to our journey together in achieving your Life Money Balance. >>Download your FREE guide: 10 Questions to Discover Your Money Mind, >>Aspirations & Freedom >>Subscribe to Life Money Balance® YouTube for content beyond the podcast >>Discover a client relationship. Schedule a FREE, 20-minute Good Fit Meeting >>Connect with us across social media for more content - top right corner >>Find your story & learn about services that fit your journey Thank you for tuning in; we hope the information is educational and valuable. Remember to like and subscribe to the LMB® channel. We appreciate you. Listen to the disclaimer at the end of the show. #lifemoneybalance, #financialfreedom, #retirement, #aspiration, #wellbeing, #wealthbuiding, #wealth, #financialwellness, #compassion, #financialeducation

Ready to take control of your holiday shopping and make well-informed financial decisions? That's what we're aiming for in this week's Life Money Balance podcast hosted by me, Dr. Preston Cherry. Today we'll chop it up about the trends in holiday spending, and how to make smart choices amidst fluctuating inflation rates and interest rates. During this holiday season, we're also going to cover why it's more important now, than ever, to be mindful of credit card usage and to align our funds in a way that can potentially earn us a return. We'll also explore the creation of a spending plan for high-income individuals, stressing the importance of prioritizing goals and paying oneself first. >>Download your FREE guide: 10 Questions to Discover Your Money Mind, >>Aspirations & Freedom >>Subscribe to Life Money Balance® YouTube for content beyond the podcast >>Discover a client relationship. Schedule a FREE, 20-minute Good Fit Meeting >>Connect with us across social media for more content - top right corner >>Find your story & learn about services that fit your journey Thank you for tuning in; we hope the information is educational and valuable. Remember to like and subscribe to the LMB® channel. We appreciate you. Listen to the disclaimer at the end of the show. #lifemoneybalance, #financialfreedom, #retirement, #aspiration, #wellbeing, #wealthbuiding, #wealth, #financialwellness, #compassion, #financialeducation

Are you ready to turn your high earnings into even higher savings? Get ready to make the most of your income with strategic tax planning, as we sit down with Thomas Kopelman of AllStreet Wealth to explore how you can better start in Q2 and still use Q4. Learn the secrets behind maximizing retirement contributions, setting up solo 401ks and utilizing backdoor Roths, all while making your money work harder for you. Get armed with knowledge that will help you navigate through your current circumstances and prepare for a financially secure future. Settle in for an episode filled with crucial insights that could transform your financial wellness. >>Download your FREE guide: 10 Questions to Discover Your Money Mind, >>Aspirations & Freedom >>Subscribe to Life Money Balance® YouTube for content beyond the podcast >>Discover a client relationship. Schedule a FREE, 20-minute Good Fit Meeting >>Connect with us across social media for more content - top right corner >>Find your story & learn about services that fit your journey Thank you for tuning in; we hope the information is educational and valuable. Remember to like and subscribe to the LMB® channel. We appreciate you. Listen to the disclaimer at the end of the show. #lifemoneybalance, #financialfreedom, #retirement, #aspiration, #wellbeing, #wealthbuiding, #wealth, #financialwellness, #compassion, #financialeducation

Meet Sam Ushio, founder of Ikigai Lab and Chief Ikigai at Connect3x, a man who has spent a lifetime exploring the ancient Japanese concept of Ikigai, a guiding life principle that merges passion, purpose, and profession. Join host of the Life Money Balance podcast, Dr. Preston Cherry, as we uncover what it means to truly live with intention in the moment, and align our actions with our deeply held values. >>Download your FREE guide: 10 Questions to Discover Your Money Mind, >>Aspirations & Freedom >>Subscribe to Life Money Balance® YouTube for content beyond the podcast >>Discover a client relationship. Schedule a FREE, 20-minute Good Fit Meeting >>Connect with us across social media for more content - top right corner >>Find your story & learn about services that fit your journey Thank you for tuning in; we hope the information is educational and valuable. Remember to like and subscribe to the LMB® channel. We appreciate you. Listen to the disclaimer at the end of the show. #lifemoneybalance, #financialfreedom, #retirement, #aspiration, #wellbeing, #wealthbuiding, #wealth, #financialwellness, #compassion, #financialeducation

This week, join Dr. Preston Cherry as he dives deep into some common money myths. Let's reshape your understanding of money, highlight the importance of aligning your life and financial goals, and help you embark on a journey towards true financial wellness. No more maddening money myths, only clear and confident financial decision-making. Buckle up, it's time to get financial savvy! >>Download your FREE guide: 10 Questions to Discover Your Money Mind, >>Aspirations & Freedom >>Subscribe to Life Money Balance® YouTube for content beyond the podcast >>Discover a client relationship. Schedule a FREE, 20-minute Good Fit Meeting >>Connect with us across social media for more content - top right corner >>Find your story & learn about services that fit your journey Thank you for tuning in; we hope the information is educational and valuable. Remember to like and subscribe to the LMB® channel. We appreciate you. Listen to the disclaimer at the end of the show. #lifemoneybalance, #financialfreedom, #retirement, #aspiration, #wellbeing, #wealthbuiding, #wealth, #financialwellness, #compassion, #financialeducation

Imagine finally grasping the concept of 'having enough' and achieving contentment in all avenues of life. That's exactly what Dr. Preston Cherry is unpacking in today's episode, as we dive headfirst into the unique world of the Gen X generation, often dubbed the 'forgotten generation'. Our focus is on the dynamic conversations that occur within Gen X households, from the perspective of those in their prime earning years. We address the pressing issues, the everyday challenges, and the unique joys that come with balancing life, money, and aspirations. Whether you're a Gen Xer or just seeking to understand this unique generation better, this is an episode you don't want to miss! >>Download your FREE guide: 10 Questions to Discover Your Money Mind, >>Aspirations & Freedom >>Subscribe to Life Money Balance® YouTube for content beyond the podcast >>Discover a client relationship. Schedule a FREE, 20-minute Good Fit Meeting >>Connect with us across social media for more content - top right corner >>Find your story & learn about services that fit your journey Thank you for tuning in; we hope the information is educational and valuable. Remember to like and subscribe to the LMB® channel. We appreciate you. Listen to the disclaimer at the end of the show. #lifemoneybalance, #financialfreedom, #retirement, #aspiration, #wellbeing, #wealthbuiding, #wealth, #financialwellness, #compassion, #financialeducation

Strap in for a conversation where we demystify the complex topic of estate planning. It's not all about gloom and doom, folks. Instead, it's a testament to showering our loved ones with care and security after we're gone. Listen as Dr. Preston Cherry delves into the nitty-gritty of estate planning from ensuring adequate life insurance to candid family dialogues, offering practical advice to safeguard your financial legacy. Regardless of where you are in your estate planning journey, Dr. Cherry has compiled actionable tips and fresh perspectives to assist you in this endeavor. After all, it's not just about wealth preservation, it's about cherishing and protecting those you love most. >>Download your FREE guide: 10 Questions to Discover Your Money Mind, >>Aspirations & Freedom >>Subscribe to Life Money Balance® YouTube for content beyond the podcast >>Discover a client relationship. Schedule a FREE, 20-minute Good Fit Meeting >>Connect with us across social media for more content - top right corner >>Find your story & learn about services that fit your journey Thank you for tuning in; we hope the information is educational and valuable. Remember to like and subscribe to the LMB® channel. We appreciate you. Listen to the disclaimer at the end of the show. #lifemoneybalance, #financialfreedom, #retirement, #aspiration, #wellbeing, #wealthbuiding, #wealth, #financialwellness, #compassion, #financialeducation

What if you were told that you could become comfortable with spending now and during retirement, and without the gnawing fear of outliving your wealth? That's what you'll learn in this episode with your host, Dr. Preston Cherry. We'll debunk the myths surrounding spending, discuss strategies to plan according to your personal preferences, and pave the path to financial wellness. It's time to give yourself permission to spend; after all, you've earned it. By the time we conclude, you'll have a grip on reducing anxiety and worry about spending, and be ready to plan for a more relaxed financial future. Download your FREE guide: 10 Questions to Discover Your Money Mind, Aspirations & Freedom Subscribe to Life Money Balance® YouTube for content beyond the podcast Discover a client relationship. Schedule a FREE, 20-minute Good Fit Meeting Connect with us across social media for more content - top right corner Find your story & learn about services that fit your journey Thank you for tuning in; we hope the information is educational and valuable. Remember to like and subscribe to the LMB® channel. We appreciate you. Listen to the disclaimer at the end of the show. #lifemoneybalance, #financialfreedom, #retirement, #aspiration, #wellbeing, #wealthbuiding, #wealth, #financialwellness, #compassion, #financialeducation