The Life Money Balance® Podcast

"Is Social Security Running Out?" People already have worry & anxiety over retirement. Being alarmist with information cloaked in awareness needlessly elevates the strife. Knowing how the SS system works and what to expect, near-term retirees can DIY or partner with a financial planner or financial coach to adjust their retirement funding plan. Conversation Insights: Follow Us: Life Money Balance® - YouTube Concurrent Financial Planning - Website Concurrent Financial Planning - Facebook Dr. Cherry - Instagram Dr. Cherry - Twitter Dr. Cherry - LinkedIn Dr. Cherry - TikTok Schedule a FREE, 20-minute Good Fit Meeting Thank you for tuning in; we hope the information is educational and valuable. Please listen to the disclaimer at the end of the show.

Financial advice requires a financial planning process that includes discovering how you think, feel, and behave with money and your life and money alignment. The investigation is–past, present, and future. Life is a journey of life events and life stages–seasons. The seasons of trial, triumph, transition, and transformation serve as an inspirational willingness to align your money with your life aspirations. The Four Reasons Your Stories Make Money Season is the connective glue that gives your money life assignments. Dr. Cherry has a candid and compassionate conversation with inspiring and introspective special guest Jess Bost, RICP® from Alpha Architect, to discuss why and how the three T's relate to your money–your Life Money Balance®. Let's Chop!

The Life Money Balance™ journey finds roots in story exchanges that help us establish the foundation and build frameworks to process life events and achieve our aspirations. Episode nine welcomes w/ Leah Davis, FFC®, who shares her story of resilience that fuels her life aspirations which connect her life with her money. Her story has themes of life and money, trauma, abuse, and discovery. She shares how her journey led her to the personal finance and financial coaching professions focused on helping people process emotion, being heard, valued, and belonging. We talk about how the power of empathy and compassion in conversations with the people we serve helps people unlock and uncover the life and money paths they long to achieve. This show is one of being a survivor, demonstrating courage and strength and resilience in abundance. Let's chop!

Your aspirational life evolves, and you transition from season to season. Aspirations and seasons integrate life, money, and career platform choice. When one season finds a peak, you ask yourself, “what do I aspire to do next?”. Other questions that you may ask yourself: -Where are my fulfillment gaps? -How do I want to maximize my life and money well-being? -Can I envision courageously in my aspirational mission? -Which career platform is best for me? Workplace or entrepreneur? Or Combination? -How do I approach my family conversations? It’s a pleasure to discuss these topics more with my dear sister Jennifer Gloria. She shares her courageous story about her life transition that may resonate with your life position. We cover: -Being valued in the workplace. -Complementing household income with a workplace and entrepreneur career. -Importance of money conversations with your spouse and young adult children. -Believing in your Faith following and confidence in yourself to pursue your aspirations. -Leveraging a hobby to side-hustle to a thriving business. You don’t want to miss this episode. Let’s chop it up!

In this episode, we extend from marriage and money theme foundations from the Charles and Carla episodes 2 & 3. Renowned & decorated financial planner and long-time married (25 years), Lazetta Rainey Braxton, MBA, CFP®, imparts wisdom on the "business of marriage". We discuss how marriage's emotions, values, and love intersect with the values and mechanics of money across marriage's ever-evolving course. From the unique perspective of a person and planner, Lazetta offers frameworks for discussion and money techniques to consider for marriage and money well-being. Let's chop it up!

In this timely episode, Dr. Cherry shares how "It's OK" to experience certain feelings about the external economic environment and how to analyze & adjust your personal situation to help manage and maximize your internal environment. The show emphasizes an emotional process to progress towards being prosperous during and after periods of uncertainty. Give yourself some grace, empathy & compassion to avoid having natural pause and caution turn to fear and panic. Dr. Cherry offers education on money tools & techniques to consider during temporary times of uncertainty. Roll & adapt to help maintain a healthy spirit.

In this episode, we welcome Dr. Michael G. Thomas, AFC®, to discuss cryptocurrency through the lens of financial wellness and behavioral psychology while considering the framework and mechanical education of crypto, DeFi, and Blockchain technology. We begin with Michael sharing his story that helps fuel his passion for emotional empathy and financial wellness, ingredients that are missing from the hardline and fast information highway of cryptocurrency. We discuss the importance of establishing the fundamentals of investing before a crypto allocation and during your crypto research. We unpack the critical difference between risk tolerance and risk capacity and their vital importance in investment decisions and an overall financial plan. You don't want to miss this chop-up!

Deciding to start a journey is courageous and promising. How do you effectively select a pathway that bests fits your desired needs, experiences, and outcomes? There are many choices and much information available. Dr. Cherry shares four self-discovery questions that will help inform your pathway partnership. We discuss pathways such as financial coaching, financial planning, financial platforms, financial education courses, what to look for, and what benefits they could bring to your journey. Find out why your ‘Blueprint’ is vitally important and why your story and human understanding are central to any pathway.

Dr. Cherry's parents, Charles and Carla, continue sharing their Life Money Balance™ journey. There are treasures troves of wisdom! We ask, and they share their perspectives on savings, spending, intentional goals, personal preferences, transitions, and trade-offs. They also share knowledge on the emotions, values, experiences, and stories meaningful to them, which informed their life and money decisions, behaviors, and practices. They comment on transitioning and living in retirement. There are more than a couple of funny moments, and Carla shares wisdom on life that will nurture your soul and truly summarizes Life Money Balance™.

Where did the tenents of Life Money Balance all begin? Meet Dr. Cherry's parents. Married for 43 years, they discuss how their life influences and experiences directly affected how they made decisions as a unit on how they were going to raise their children. We talk about self-worth, access, relational communication, family communication, money talks and decisions within the household, and having empathy & compassion and being vulnerable.

Dr. Cherry shares the philosophy, expectations, takeaways, and topics of the LMB podcast. He also shares how his personal story helped shape LMB and Concurrent Financial Planning. The show discusses LMB and how personal stories help people connect with their LMB journey to maximize their wellbeing. Let’s chop!