Financial Freedom Podcast

With all that is going on in our economy, from inflation to worries about recession and the resumption of student loan payments, people are getting stressed out about their finances. Money woes and fears can really weigh on your mind.

That's why in this episode of the podcast I wanted to talk about how that stress can affect your life, and what you can do to reduce it. You should also check out Episode 105 of the podcast where I talk about this with psychologist Dr. David Weiman.

In this episode you will learn about:

- The Effects of Financial Stress on Your Life
- How to Identify the Cause of the Stress
- How Getting Control of Your Finances Can Reduce Stress
- Saving on Gas For Your Summer Road Trip

Everyone who has federal student loans is waiting breathlessly for the Supreme Court to rule on President Biden's federal student loan forgiveness program later this month. But no matter what the decision, the moratorium on payments will be coming to an end, and you will have to start paying on them again.

That's why in this episode of the podcast I wanted to discuss what you need to do before the music starts up again to be sure that you are ready with an affordable repayment plan. What you do now will be critical to your financial freedom going forward.

In this episode you will learn:

• A Way to Accelerate Your Repayment Period
• A Simple Way to Get Out of Default
• Options to Create Affordable Repayment Plans

Everyone looks forward to retirement, that time when they can relax and enjoy life, made possible by the fruits of their labor during their working lives. However, that retirement isn't going to last that long, or be that enjoyable, if you don't adjust your non-salaried income to your non-working expenses going forward.

That's why in this episode of the podcast I talk about how to create a retirement budget to make sure that your golden years are solid, and not just plated.

In this episode you will learn:

- The Four Steps to Retirement Budgeting
- The Things to Consider in Creating One
- How to Align Adjustments with Your Personal Retirement Goals
- Managing Your Spending

As we approach the summer months, many people start thinking about shopping for a home. The weather is warmer, and it gives potential buyers an opportunity to see the whole home, both inside and out.

But is it a good idea to buy a home in this real estate market? Would it be better to rent instead? That's why in this episode of the podcast I wanted to discuss the ins and outs of the process, along with tips on how to find the home of your dreams.

In this episode you will learn:

- How to make the decision to rent or buy
- 9 Realtor's tips to homebuyers
- 8 tips to homebuyers from a mortgage professional

Where you live can have a significant effect on your financial freedom, whether it's during your working life or in retirement. It can influence cost of living, opportunities in your careeer, or resale value when you are ready to downsize.

That's why in this episode of the podcast I talk to Ryan Frederick about how he sees where you live and how location, location, location means so much more to your financial well-being.

In this episode you will learn:

- How being in the wrong place can be isolating
- How climate change could affect where you relocate to
- How your location could increase or decrease cost of living and financial freedom

The current economy has people stressed out with inflation and talk of an impending recession. As a result, the process of saving for retirement, already seen by many as a slog and a struggle, can seem even mre difficult and anxiety-inducing.

That's why in this episode of the podcast I talk with Dawn Dahlby, who is not only a Certified Financial Planner, but also a behavioral financial advisor. From her we can learn how to find financial peace and happiness in troubling economic times.

In this episode you will learn:

- How to relieve the anxiety of uncertain financial times
- Why saving for retirement doesn't have to be a struggle
- How "spending freedom" can change your financial outlook
- How to cultivate a positive financial mindset

Saving and investing for retirement has always been challenging, but in the turbulent economic times we've been living in lately, it can be even tougher. Inflation and talks of a recession have made many people fearful of the future and whether they will be able to make their investment goals this year.

That's why in this episode of the podcast I wanted to discuss some tips by the experts on what you can do to be sure you are staying the course and doing what you need to do to reach your ultimate goal: a comfortable retirement!

In this episode you will learn:

- How Moving in Retirement Can Help
- How Much Savings Will You Need
- How to Recover From 2022 Losses
- Retirement Investment Tips for Women
- Spousal IRAs

According to Divorce.com, the U.S. has the highest divorce rate in the world at 40-50%, although the Census Bureau report suggests that the rate dropped from 2009 to 2019. 60% of second marriages and 73% of third marriages end in divorce.

Divorce is also expensive, both financially and emotionally. But beyond the lawyers fees, there are many hidden costs that can wreak havoc with your personal finances and which need to be considered. That's why in this episode of the podcast I wanted to discuss those, so that if you are getting divorced or considering it, you can take them into consideration and maybe minimize them.

In this episode you will learn:

- How to Prepare for the Hidden Costs
- "The Worst Offenders" of Hidden Costs
- The Impact on Financial Planning

There's a lot in the news these days on personal finance, including a possible new repayment plan for student loans, dealing with marital "financial incompatibility," and new laws pertaining to retirement savings. With all of this going on, it can be hard to keep track and get all of the key facts.

Thant's why in this episode of the podcast I wanted to talk about these various news items, many of which are cause for optimism in the new year. I hope they can help you avoid a tax audit, reduce financial conflict with your spouse, and make for a better retirement savings plan.

In this episode you will learn:

- About a New Student Loan Repayment Plan
- How Much Your Refund Could Be
- About Resolving "Financial Incompatibility" with Couples
- Status of the Federal $10,000 Deduction Limit for State & Local Taxes
- Four Reasons the IRS May Flag Your Return for Audit
- About a New Retirement Law That Increases Tax-Free Savings Options