My Next Move-logo

My Next Move

Business & Economics Podcasts >

People have complicated feelings about money. But a few simple principles can guide us toward financial health. In a weekly podcast, My Next Move, J.P. Morgan's Michael Liersch explains where to focus and what to do to move forward to reach your financial goals.

People have complicated feelings about money. But a few simple principles can guide us toward financial health. In a weekly podcast, My Next Move, J.P. Morgan's Michael Liersch explains where to focus and what to do to move forward to reach your financial goals.
More Information

Location:

United States

Description:

People have complicated feelings about money. But a few simple principles can guide us toward financial health. In a weekly podcast, My Next Move, J.P. Morgan's Michael Liersch explains where to focus and what to do to move forward to reach your financial goals.

Language:

English

Contact:

6142135832


Episodes

Do you practice social media self-control?

5/23/2019
More
How many friends can one have? Well, as we’ll find out in this episode of My Next Move with Michael Liersch, there is a finite number of friends the average human being can actually have at one time. Does that mean having hundreds, even thousands of friends on social media is misleading. Yes. And, no. Those “loose tie” friends outside of your inner circle can actually open up some real opportunities. Call it networking. But, as Michael explains, not everyone on social media is a friend, or...

Duration:00:06:17

What can you do to keep your family’s finances healthy?

5/16/2019
More
In this episode of the My Next Move podcast Michael speaks with Maya Prabhu, Head of Wealth Advisory for the U.K. and EMEA at J.P. Morgan. Maya is an expert on Family Wealth Dynamics and has some sound advice on how wealth planning can really make a difference. It comes down to a few basic steps: Figure out what your intent is – what is the meaning and purpose of your family’s money? Then focus on communicating. Who will be involved in the money decisions and what do they think? And finally,...

Duration:00:12:10

Does your device impact your money decisions?

5/9/2019
More
If you have a mobile device, and we’re betting you do, Michael Liersch can help you use it more wisely. In this episode of the My Next Move personal finance podcast series, Michael tells us about the importance of being aware of, and intentional, with our devices. We all know that devices are ubiquitous, but sometimes their mere presence when we’re interacting with others can make things much less personal. And, research says it’s not just an issue with young people. The older generations...

Duration:00:06:25

Are millennials different when it comes to money?

5/2/2019
More
You may be surprised to hear Michael Liersch’s assessment of Millennials on this episode of My Next Move, your personal finance podcast series. With research to back him up, Michael tells us that this often mislabeled and misunderstood generation is quite the opposite of entitled. Rather, they are very purpose-driven and culturally aware. But Millennials could stand to improve on the investing and saving side of things. Some have been understandably disenchanted with the idea of putting...

Duration:00:10:40

How do I know when I’ve made it?

4/25/2019
More
Are you “Well off”? Behavioral Scientist Michael Liersch thinks it all depends on how you define the concept of financial success. In this episode of My Next Move, Michael imparts some sound financial advice as he reveals a shocking statistic: more than eighty percent of the world’s population survives on less than ten dollars a day. That really puts things into perspective. And as this podcast points out, knowing you’ve “made it” in terms of wealth isn’t nearly as important as knowing how...

Duration:00:06:35

Wait, fighting about money can be good?

4/18/2019
More
Here’s a fact that’s as sure as the sky is blue: people fight over finances. Always have, always will. But, before you come to blows, listen to this episode of My Next Move and find out what Behavioral Scientist Michael Liersch has to say about our collective conflict. What you’ll find is that sometimes, if we focus on our shared desired outcomes, and don’t get too personal, money disagreements can turn out to be quite productive. Because getting to the solution is often easier with more...

Duration:00:07:29

When does my financial situation become my partners?

4/11/2019
More
So, you’re about to share your life with someone, and that’s a beautiful thing. But, before you jump into it, be sure to share some relevant information with them first. In this episode of My Next Move, Behavioral Scientist Michael Liersch shouts it from the proverbial rooftop: Talk to your future spouse about where you both stand when it comes to money. Make that happen. The big question is, when? Michael suggests discussing finances in stages, starting with making sure you’re both aligned....

Duration:00:07:24

Tips for a well-lived life, Dr. Meg Jay shares big life lessons

4/4/2019
More
Resilience. Tenacity. Toughness. No matter what you call it, it’s covered here, along with a myriad of topics, in part two of Michael Liersch’s discussion with Dr. Meg Jay. She walks us through how to set our kids up for success by helping them, help themselves. “We can raise our kids in a way that makes them more independent rather than more dependent...” “start early with simple things” she tells us. And the discussion doesn’t end there. Liersch and Jay pull back the curtain on some heady...

Duration:00:14:37

Why are your twenties so crucial? Dr. Meg Jay explains

3/28/2019
More
If there’s a decade in life that’s jam packed with uncertainty, it’s your twenties. What do you want to do as a career? Where do you want to live? Where will you be in five years? When will you meet a future partner? These questions are only four out of about a million more. In this episode of My Next Move, Michael Liersch digs into the “newly adult” decade with Clinical Psychologist and Ted Talk Favorite, Dr. Meg Jay. Even though it’s your first toe dip into grown-up waters, Dr. Jay...

Duration:00:14:37

Are men and women different when it comes to financial decision making?

3/21/2019
More
Sure, men and women are different, but are they so different when it comes to finances? Research suggests, they’re pretty similar. In this episode of My Next Move, Behavioral Scientist Michael Liersch pounces on one of the fundamental differences: confidence level. Sometimes having less confidence can pay off, but maybe not so much for those who are too self-assured. And there’s a surprising revelation as he tells us “People who are overconfident and people who are under confident are...

Duration:00:05:21

Do you know the money basics?

3/14/2019
More
In this episode of My Next Move, Michael decides to take a step back to discuss the money basics. He says that it’s smart to “ … structure concepts around how you might think about allocating your resources in your own financial life.” How, exactly? By breaking your money down into four basic categories of what you save, spend, invest and share. From there you can figure out if you’re overspending, underspending, giving too much away or investing too little. As Michael explains, it’s really...

Duration:00:06:46

How do I talk to my parents about their money decisions?

3/6/2019
More
In this episode of My Next Move, Behavioral Scientist Michael Liersch leads us through the tricky waters of talking about money with your aging parents. Are they enjoying their hard-earned money and getting what they want out of it? Or, are they going a little bit crazy and spending a smidgen too much – or way too much? It’s often a sensitive subject, so remember to tread lightly. One thing that can really help is aligning with siblings before and during these conversations. Most of us don’t...

Duration:00:06:52

Intentional Investing: A conversation with Howard Professor Omari Swinton

2/27/2019
More
Sometimes, the best plan is simply having a plan. No one knows that better than Howard University Professor and Dept. of Economics Chair, Omari Swinton. In this week’s episode of My next Move, Michael Liersch talks things over with Dr. Swinton, a father of four and family business owner who advises us that families and individuals can benefit from being intentional with money decisions. He suggests simple, yet often overlooked ideas meant to ensure financial health – like setting up a plan...

Duration:00:14:44

Top 3 questions of 2018

2/20/2019
More
Ready to be intentional with your money? Welcome to the 2019 My Next Move podcast series. In this episode, J.P. Morgan’s planning and advice expert Michael Liersch dives into the top three questions received last year. He takes a look at questions related to money pitfalls, tackles the stressful topic of borrowing and ends on a lighter note answering why he refers to people as “humans.” Michael also shares examples of productive money behaviors. Are you seeking a way to jumpstart your...

Duration:00:12:24

How do I talk to my spouse about money?

12/19/2018
More
In this episode of My Next Move, J.P. Morgan’s podcast with Michael Liersch, he offers money advice about a personal finance issue a lot of us face: How do you talk to your spouse or partner about money? Communicating about money can be frustrating. Yet it’s so important—it’s one of the biggest issues experts tackle in the field of families and wealth and financial planning. Drawing on extensive research on couples and money, Liersch shows how the money conversation can avoid becoming a...

Duration:00:07:59

How do I align my own money behaviors with what I want to accomplish with money?

12/12/2018
More
In this episode of My Next Move, J.P. Morgan’s goals-based financial podcast, host Michael Liersch puts the personal back in personal finance. Liersch explains that the single most important piece needed to put investment advice and financial planning ideas into effect is —You. And the first step is for you to have a talk...with yourself. Communicating about money with family members, talking to children about money, engaging with partners or people outside the family about money—My Next...

Duration:00:07:23

Do you secretly feel that your money is a burden?

12/5/2018
More
In the latest episode of his weekly podcast, My Next Move, J.P. Morgan’s planning and advice expert Michael Liersch thinks about why money can make us feel overwhelmed and how we can shift to feel the promise of opportunity. Like many journeys, it begins with a small first step. What one thing can you do right now to feel less burdened? Don’t set crazy financial goals that are unattainable. Set small ones—very small ones—that you know are achievable. Then find just a few things you can do to...

Duration:00:06:31

What are the risks in talking to my family about money?

11/28/2018
More
What are you communicating about money, whether on purpose or unintentionally—to your family and to the outside world? Wealth in families makes a lot of people nervous or scared. In this episode of J.P. Morgan’s financial podcast Michael Liersch offers fresh advice on handling communication about family wealth online and on social media. He raises awareness about the possible consequences. This may not be one of the typical financial goals you’d discuss with an investment advisor, but it...

Duration:00:06:26

Passing it forward: David Robinson on money, family, trust

11/14/2018
More
“Money is a tool, it’s a resource. But you build your life around relationships.” David Robinson, one of the all-time greatest basketball players, philanthropist, businessman, and family man, taught Michael Liersch a lesson or two in the latest episode of JPMorgan’s weekly podcast, My Next Move. Who is the authentic David Robinson? “A man who used his talents and resources in a way that was a blessing to others.” Robinson had prioritized philanthropic activities that focused on education: “I...

Duration:00:14:02

Is fair equal? It’s a common question in family conversations about money and estate planning.

11/7/2018
More
For some families, fair does mean equal—but for many others it doesn’t. Say a family gift is distributed equally to three heirs. But one person feels she’s put a little more into the family relationship than the others. To that person, equal doesn’t feel fair. The feeling may fester, leading to family tension, if not open conflict. In the latest episode of his weekly podcast, My Next Move, J.P. Morgan’s Michael Liersch explains how a fair process can circumvent these problems. A fair...

Duration:00:06:50