Your Money Puzzle

How much should I have saved? If you’ve ever asked that question, this episode might give you the insight you’re looking for. Join us as we explain the difference between the average and median, and then tell you how much experts think you should have saved in your 30s, 40s, 50s, and at retirement. Read more and get additional financial resources here: https://wp.me/paQKv1-et Watch the video podcast: https://youtu.be/dTJWFIgSm_I What we discuss on this show: 1:10 – What we’re...

We all need insurance, but do you know what you’re paying for? Why is insurance so important? We dive into the things you really need to know about protecting yourself and your assets. Read more and get additional financial resources here: https://wp.me/paQKv1-eo Watch the video podcast: https://youtu.be/pFCFqtIuJmk What we discuss on this show: 0:34 - Robert introduces our important and interesting topic. 2:31 - In the News: Is your toilet talking to you? 5:01 - What kind of...

Today’s episode is a change of pace from what we usually cover on this show but we really wanted to sit down and talk with Melvin Young of Modewealth Advisors. He has a unique approach that centers around entrepreneurship, purpose, and humanity. There’s a lot to learn from Young during this conversation and we think it might even change your way of thinking. Read more and get additional financial resources here: https://wp.me/paQKv1-e8 Connect with our guest:...

Are you up to the challenge? Brian takes on the FINRA Investor Knowledge quiz on today’s podcast. Read more and get additional financial resources here: https://wp.me/paQKv1-e2 Watch the video podcast: https://youtu.be/hfQTvy7PAyQ What we discuss on the show: 0:58 - Brian from the Denver office joins us today. 2:04 - A recent 4-H event meant Brian bought a goat. 4:47 - Today we’re going to quiz Brian on FINRA’s Investor Knowledge quiz. 5:57 - In the News: AARP says backyard...

A lack of financial education faces many people as they begin their working careers and start saving towards retirement. This leads to bad decision-making and a lack of awareness for how to best manage your money. On today’s show, we’re going to present a 6-question financial literacy test that the majority of Americans don’t pass. Let’s find out how you do. Read more and get additional financial resources here: https://wp.me/paQKv1-dU Watch the video podcast:...

Today we’re covering three different things that will all benefit you financially no matter where you are in the planning process and how you’re dealing with the coronavirus. Plus, we’re introducing a 30-day challenge that will help you track your spending. Read more and get additional financial resources here: https://wp.me/paQKv1-dy Watch the video podcast here: https://youtu.be/hGMkCIXEg9g Today's show schedule: 1:49 – How is Brian adapting to the current environment? 2:42 –...

Today we’re joined by Taylor Jade, an independent business woman making it on her own in Los Angeles. We talk about the journey, how to chase your dreams, her business strategies, and the financial lessons she applies to her life. Read more and get additional resources here: https://wp.me/paQKv1-do Watch the video podcast here: https://youtu.be/xxvLzbdH-cs Check out Taylor Jade and her work here: https://www.instagram.com/tayloredgin/ and...

It’s time to finish up our two-part series on the 6 P’s of financial success. Last episode we focused on improving yourself first. Now we turn to the final 3 P’s, which are all external – plan, preserve, and protect. Check out part 1 here: https://yourmoneypuzzle.com/podcast/ep-53-the-6-ps-of-financial-success-part-1-the-internal-ps/ Check out the video podcast here: https://youtu.be/x1IuZkXMlIw Read more on this topic and get additional resources here:...

The search for financial wisdom will lead you down a never-ending rabbit hole with all kinds of answers and tips, but we subscribe to the idea that financial success can be boiled down to six simple P’s. On part one, we’re looking at the first three, which are all about improving yourself first. Read more and get additional resources here: https://wp.me/paQKv1-cO Check out our videos: https://www.youtube.com/channel/UCn9CFQ9hPFerEevW7fiSkUA/ Today's show schedule: 0:54 – Things are...

The long bull run made a lot of people forget about the feeling of losing money but these turbulent times have reminded us that sometimes zero is your friend. Let’s talk the stats surrounding a correction and a bear market and what strategies you can incorporate into your financial plan to limit losses. Read more and get additional resources here: https://wp.me/paQKv1-cB Watch the podcast video: https://youtu.be/5ze47X4QnaE Today's show schedule: 1:46 – What we’re talking about on...

History has shown us that some of the most successful companies in our country began during tough economic times. Today we’ll use the story of Airbnb, which came out of the 2008 crash, to find the lessons that we can use to be successful after the current crisis comes to an end. Read more and get additional resources here: https://wp.me/paQKv1-ct Watch the video podcast here: https://youtu.be/nHcs5Z4-CnI Today's show rundown: 1:16 – We’re going through a lot of financial craziness...

A lot of Americans have been hit hard on the financial side due to the coronavirus pandemic and need help navigating this uncertain time. Let’s talk about five steps you can take right now to improve your situation and set yourself up for a positive future. Read more and get additional resources here: https://wp.me/paQKv1-cj Watch the video podcast here: https://youtu.be/P4-QsF1-Nuc Today's show rundown: 0:46 – Times are different right now and that’s the same for us. 2:06 – Today...

One of our goals with the Money Puzzle podcast is to help people be financially confident. Well, the country is currently in the midst of full-blown coronavirus craziness and you may be wondering, 'Can I be financially confident?' Will I ever have that future that I dream of? The short answer is yes and we'll talk about ways to handle a market crash. Read more and get additional resources here:...

Most retirees will depend on Medicare for the health insurance needs and it's important to understand your options. There are four parts to Medicare - A, B, C, D - and they all serve different purposes. Today we brought on a Medicare specialist to help us understand all four parts and what they mean to you. Read more here: https://wp.me/paQKv1-c4 Watch the video here: https://youtu.be/H3vX8LjjDN0

It’s time to talk about IRA’s. What’s the difference between traditional and Roth IRA’s and, since it’s tax season, how do they each affect your taxes? By now, you should have received your W2s and 1099s and be well under way towards filing your taxes. But before you do, you still have time to get some extra deductions AND save a little extra for retirement at the same time with a traditional IRA. Or, depending on your situation, save more for retirement and save taxes in the future with a...

Unless you’ve been living in a cave for the past few weeks, you’ve probably heard about the Coronavirus. Even if you HAVE been living in a cave, you’ve probably still heard of it. The topic is dominating the news, the internet and the financial markets, and it’s been causing some extra volatility and fear lately. The thought of a worldwide pandemic is scary, but should it be driving the stock markets down, and should you be listening and buying into everything you’re hearing? Read more on...

There is plenty of misinformation spread across the financial world. Unfortunately, many people base their planning decisions based on these rumors and myths. On this episode, Robert and Brian tackle four of the biggest investing myths so you don't end up going down the wrong path in retirement. Get the show notes here: https://yourmoneypuzzle.com/podcast/money-puzzle-45-4-big-investing-myths/ Watch the video: https://youtu.be/5Ov6wgmCtjU

In honor of Valentine's Day, which also happens to be the wedding anniversary for Robert and his wife, we talk about promises we make to our loved ones and how financial planning is one of those. This February, and every February, is “Insure Your Love” month, which is sponsored and run by the Life Happens Foundation. It’s a month-long dedication across America to looking at and reviewing your life insurance, and this year’s theme is about keeping your promises. It got me thinking - that’s...

There are a lot of big mindset changes that need to take place in your 60s. You no longer have places to go unless you want to go. You’ve basically got 6 Saturdays and Sunday every week. You’re going into a whole new phase of life and a completely different style of life. It takes some getting used to, and it takes a little bit of planning to make sure you get it right! So, let’s wrap up the top three things to get done. Read more about this topic and see the video here:...

Let's keep rolling through our 60s as we prepare to move into retirement by talking about money moves number four and five on our list. Get the show notes and video podcast here: https://wp.me/paQKv1-b9 If you missed any of our previous episodes, check them out: Part one: Money Moves to Make in Your 20s Part two: Money Moves to Make in Your 30s (5-8) Part three: Money Moves to Make in Your 30s (Nos. 1-4) Part four: Money Moves to Make in Your 40s Part five: Money Moves to Make in...