KPC Smart Money

Have you ever overspent at Christmas and had big credit card bills in January? That can take some of the fun out of gift giving at Christmas and can hurt your financial plans. Here are some ideas to keep Christmas spending down.

Key takeaways:

• Secret Santa - one gift per adult
• Kids don't need lots of expensive toys
• Love is about your time & affection, not gifts
• Write "You are Special because" letters

We all have family Christmas Traditions, and they change over time and as we and our children build traditions of their own. This week we share some of our family traditions. Enjoy!

Key takeaways:

• Our Christmas Meals - then and now
• Family Gift Giving
• Christmas decorations
• Family Gatherings

As the economy is experiencing inflation and recession and the stock market is volatile, people are asking about whether adding gold and silver to their investments is a good idea. You need to watch out for certain things when buying gold and silver. And determining whether it is a good idea for you.

Key Takeaways:

• Do you due diligence on who is selling gold/silver products
• Watch out for fear tactics and high commissions
• Wealth protection
• Pre 1933 coins - what are they and why are they unique

Many people are wondering what can I do financially to survive the current inflation. Today we are going to talk about causes of inflation and how to protect your savings. This is an important conversation that effects all of us.

Key Takeaways:

• What causes inflation
• Demand pull, cost push and money supply
• Reduce or delay discretionary & large purchases
• Some tips for making additional money

Are you talking about money with your children or grandchildren?  Unfortunately, many parents are not talking about money with their children, and just leaving it up to them to figure out how to be financially responsible adults someday.  Today we talk about 7 ways to start a money conversation so you can share your wisdom on what and what not to do.

Key takeaways:

• Saving money & delaying purchases
• What to do if someone asks to borrow money
• What would you tell your younger self if you could
• One thing you bought that you regret

Financial Basics - Use AE Creative "Five Retirement Planning Missteps" http://downloads.financial-resources.org/books/wrby/#p=4 

Just like you might spring clean your home, you can clean your financial house.  This week we will give you tips on how to reduce your financial clutter. Just like spring cleaning, these are good habits to develop on a regular basis.

Key takeaways:

1. Purge the Paper and Get Digital Backup
2. Consolidate Accounts
3. Automate Savings
4. Check your Financial Goals

Will You Have Enough Income in Retirement?

http://downloads.financial-resources.org/books/xtbx/#p=1 

Are you worried about a major recession?  Worrying won't help, and isn't good for you.  The economy is cyclical and will experience times of recession.  Listen this week to find out how to avoid anxiety.

Key takeaways:

1. Don't Buy into the Headlines
2. Resist Impulsive Actions
3. Make Time to Relax
4. Expand Your Outlook

Investing Basics - Use AE Creative "Understanding Market Corrections (Dually licensed version) 8 pages 

http://downloads.financial-resources.org/books/wjxu/#p=1 

In this two-part series we will give some ideas on how to be happy in retirement, assuming you have already handled the financial aspects.  What are you going to do with the extra 2,000 hours per year you will have?  Often people don't plan for what they will do with this new found time but it is important to your well being.  Here are some ideas:

Key Takeaways:

• Develop a grateful spirit
• Learn something new
• Find new adventures

Whitepapers:

Your Retirement Income Planning Checklist (Dually licensed version) 24 pages 

http://downloads.financial-resources.org/books/qmmm/ 

In this two-part series we will give some ideas on how to be happy in retirement, assuming you have already handled the financial aspects.  What are you going to do with the extra 2,000 hours per year you will have?  Often people don't plan for what they will do with this new found time but it is important to your well being.  Here are some ideas:

Key Takeaways:

• To enjoy wealth you need good health
• Companionship is vital
• You need a sense of purpose

Whitepapers:

Your Retirement Income Planning Checklist (Dually licensed version) 24 pages 

http://downloads.financial-resources.org/books/qmmm/ 

Kids and Grandkids will be out of school for the summer soon.  On this podcast we will talk about the fun things we did as children, and offer some ideas to make summer break fun.  And create lasting memories for the school aged children in your life.

Key takeaways:

• Outdoor Ideas
• Indoor Ideas
• Educational Ideas
• Acts of Kindness