https://www.elevationfinancial.com/podcastenInvestingCopyright Elevation Financial LLChttps://d3wo5wojvuv7l.cloudfront.net/t_rss_itunes_square_1400/images.spreaker.com/original/a3fce311a0b3c6b3584d0f3beddb4e91.jpghttps://www.elevationfinancial.com/podcastWed, 15 Jul 2026 09:07:06 +0000Michael Reynolds, CFP®Elevation Financial LLCpodcast@elevationfinancial.comPractical discussions and insights on money with a modern and socially conscious approach to building wealth. Hosted by Michael Reynolds, CERTIFIED FINANCIAL PLANNER™ (CFP®) and Principal of Elevation Financial.falseepisodichttps://www.spreaker.com/episode/e308-can-i-afford-a-house-even-if-i-can-t-put-20-down--72954062https://api.spreaker.com/episode/72954062Wed, 15 Jul 2026 09:00:17 +0000Michael Reynolds, CFP®Understanding where the 20% number comes from, and what your actual options are, can help you make a decision based on your finances instead of someone else's rule of thumb.733false308fullhttps://www.spreaker.com/episode/e307-why-we-avoid-looking-at-our-finances-and-what-it-costs--72841684https://api.spreaker.com/episode/72841684Wed, 08 Jul 2026 09:00:17 +0000Michael Reynolds, CFP®Financial avoidance is very common, but if you learn to recognize it and manage it, you can get better at overcoming these tendencies.730false307fullhttps://www.spreaker.com/episode/e306-how-to-protect-your-money-from-crypto-pig-butchering-scams--72744802https://api.spreaker.com/episode/72744802Wed, 01 Jul 2026 09:00:16 +0000Michael Reynolds, CFP®What is a pig butchering scam? Learn how this crypto fraud works, the warning signs to watch for, and how to protect your money.1265false306fullhttps://www.spreaker.com/episode/e305-am-i-at-risk-of-having-my-identity-stolen-or-being-a-victim-of-fraud--72538700https://api.spreaker.com/episode/72538700Wed, 17 Jun 2026 09:00:20 +0000Michael Reynolds, CFP®Identity theft and financial fraud are not abstract problems that happen to other people. They happen to people who are careful, educated, and financially stable. The good news is that most identity theft and fraud can be prevented with a few...867false305fullhttps://www.spreaker.com/episode/e304-what-is-a-5498-tax-form-and-what-should-you-do-with-it--72422159https://api.spreaker.com/episode/72422159Wed, 10 Jun 2026 09:00:17 +0000Michael Reynolds, CFP®You did everything right. You gathered your tax documents, filed your return on time, and finally felt that satisfying sense of closure. Then, sometime in May or June, an envelope shows up with yet another tax form inside.500false305fullhttps://www.spreaker.com/episode/e303-the-truth-about-ipos-what-wall-street-doesn-t-tell-the-average-investor--72281715https://api.spreaker.com/episode/72281715Wed, 03 Jun 2026 09:00:21 +0000Michael Reynolds, CFP®With all the hype around IPOs, it's easy to see why people tend to get excited about getting in on the action. But what does the historical performance data show? And how can everyday investors participate?855false303fullhttps://www.spreaker.com/episode/e302-powers-of-attorney-the-estate-planning-documents-almost-nobody-has--72061007https://api.spreaker.com/episode/72061007Wed, 20 May 2026 09:00:22 +0000Michael Reynolds, CFP®There are two documents that belong in almost everyone's hands, and most people don't have them.691false302fullhttps://www.spreaker.com/episode/e301-are-529-plans-still-worth-it-why-i-think-the-answer-is-yes-probably--71960169https://api.spreaker.com/episode/71960169Wed, 13 May 2026 09:00:20 +0000Michael Reynolds, CFP®The question I keep hearing from parents right now is some version of this: "Is it even worth funding a 529 plan anymore?"779false301fullhttps://www.spreaker.com/episode/e300-why-market-downturns-could-be-an-opportunity-and-how-to-stop-letting-fear-rob-you--71860866https://api.spreaker.com/episode/71860866Wed, 06 May 2026 09:00:22 +0000Michael Reynolds, CFP®Pausing your investments during a market downturn is one of the most common and costly mistakes everyday investors make. In reality, this behavior can rob you of the opportunity for growth.741false300fullhttps://www.spreaker.com/episode/e299-how-to-break-up-with-your-financial-advisor-without-the-awkwardness--71676221https://api.spreaker.com/episode/71676221Wed, 29 Apr 2026 09:00:25 +0000Michael Reynolds, CFP®If you would like to stop working with your current financial advisor, here is what you need to know.785false299fullhttps://www.spreaker.com/episode/e298-so-you-re-late-filing-your-taxes-now-what--71495416https://api.spreaker.com/episode/71495416Wed, 22 Apr 2026 09:00:34 +0000Michael Reynolds, CFP®April 15th has come and gone, and your tax return is still not filed. You're not alone. Millions of Americans miss the tax filing deadline every year, and while it's not ideal, it's also not the end of the world. What matters now is what you do next.635false298fullhttps://www.spreaker.com/episode/e297-filing-a-tax-extension-is-not-a-big-deal-here-s-why-it-might-actually-help-you--71296186https://api.spreaker.com/episode/71296186Wed, 15 Apr 2026 10:00:02 +0000Michael Reynolds, CFP®If you have ever hesitated to file an extension because you were worried it might trigger an audit or signal some kind of red flag to the IRS, you can let that fear go. The reality is quite different from what most people assume. 632false297fullhttps://www.spreaker.com/episode/e296-why-the-financial-news-cycle-is-working-against-you--71025481https://api.spreaker.com/episode/71025481Wed, 01 Apr 2026 09:00:21 +0000Michael Reynolds, CFP®Daily financial news is designed to keep you watching, not to help you invest better. Here's how long-term investors can manage the noise and protect their portfolios from emotional decision-making.722false296fullhttps://www.spreaker.com/episode/e295-what-is-a-trump-account-a-parent-s-guide-to-the-new-savings-vehicle-for-kids--70834625https://api.spreaker.com/episode/70834625Wed, 25 Mar 2026 09:00:22 +0000Michael Reynolds, CFP®If you have a child or grandchild born in 2025, 2026, 2027, or 2028, there is a new savings tool worth knowing about. Trump accounts, created under the One Big Beautiful Bill and governed by new Internal Revenue Code Section 530A, are tax-advantaged...653false295fullhttps://www.spreaker.com/episode/e294-how-do-i-set-up-a-retirement-or-investment-account-for-my-minor-child--70669934https://api.spreaker.com/episode/70669934Wed, 18 Mar 2026 09:00:17 +0000Michael Reynolds, CFP®If you have kids, you have probably thought about how to give them a financial head start. The good news is that there are several solid options available to you. The less good news is that they each come with trade-offs, and picking the right one...970false294fullhttps://www.spreaker.com/episode/e293-should-you-buy-the-dip-what-this-strategy-really-costs-you--70552500https://api.spreaker.com/episode/70552500Wed, 11 Mar 2026 09:00:18 +0000Michael Reynolds, CFP®Thinking about buying the dip in the stock market? Learn what this popular strategy actually costs you and why dollar cost averaging is usually the smarter move.572false293fullhttps://www.spreaker.com/episode/e292-why-the-hard-stop-retirement-is-losing-its-appeal-and-how-to-design-your-flex-retirement--70394428https://api.spreaker.com/episode/70394428Wed, 04 Mar 2026 10:00:16 +0000Michael Reynolds, CFP®The flex retirement isn't a fallback plan. For the right person, it's a genuinely better way to exit a career, one that preserves financial flexibility, maintains a sense of purpose, and allows for a much more gradual adjustment to a new chapter.711false292fullhttps://www.spreaker.com/episode/e291-the-money-date-a-simple-checklist-for-couples-who-want-to-get-on-the-same-page-financially--70225848https://api.spreaker.com/episode/70225848Wed, 25 Feb 2026 10:00:23 +0000Michael Reynolds, CFP®Managing money as a couple is one of the most important things you can do for your relationship and your financial future. Yet most couples rarely sit down together to actually talk about it in a structured way. That's where the money date comes in.591false291fullhttps://www.spreaker.com/episode/e290-the-most-costly-bookkeeping-mistakes-small-business-owners-make-and-how-to-fix-them--70084465https://api.spreaker.com/episode/70084465Wed, 18 Feb 2026 10:00:18 +0000Michael Reynolds, CFP®Poor bookkeeping is one of the most common ways small business owners sabotage their own success.1307false290fullhttps://www.spreaker.com/episode/e289-ugma-and-utma-accounts-what-parents-need-to-know-before-opening-one--69889674https://api.spreaker.com/episode/69889674Wed, 11 Feb 2026 10:00:16 +0000Michael Reynolds, CFP®If you're looking for ways to save and invest money for your child's future, you've probably come across UGMA and UTMA accounts. These custodial accounts have been around for decades and remain popular options for parents who want to build wealth for...990false289fullhttps://www.spreaker.com/episode/e288-sipc-insurance-what-it-is-and-how-it-protects-your-brokerage-account--69745403https://api.spreaker.com/episode/69745403Wed, 04 Feb 2026 10:00:21 +0000Michael Reynolds, CFP®If you keep money in a bank, you're probably familiar with FDIC insurance. It's that guarantee that keeps your deposits safe up to $250,000 even if your bank fails. But what about the money and investments in your brokerage account? That's where SIPC...909false288fullhttps://www.spreaker.com/episode/e287-why-filing-your-business-entity-report-matters-and-what-happens-if-you-don-t--69626197https://api.spreaker.com/episode/69626197Wed, 28 Jan 2026 10:00:21 +0000Michael Reynolds, CFP®Don't let your business fall out of good standing over a simple administrative filing. The consequences are too significant and the prevention is too easy.712false287fullhttps://www.spreaker.com/episode/e286-how-taxes-work-in-a-brokerage-account-and-how-to-manage-them--69521523https://api.spreaker.com/episode/69521523Wed, 21 Jan 2026 10:00:20 +0000Michael Reynolds, CFP®If you’ve ever wondered how brokerage accounts are taxed, you’re not alone. It can be confusing, but understanding it can save you money and stress.674false286fullhttps://www.spreaker.com/episode/e285-my-three-words-for-2026-setting-intentions-for-the-new-year--69406424https://api.spreaker.com/episode/69406424Wed, 14 Jan 2026 10:00:20 +0000Michael Reynolds, CFP®I love this exercise because it avoids the head trash that can result from the pass/fail nature of goal-setting. Don’t get me wrong, there is a time and place for setting goals. But for me, setting three words is much more effective when defining a...563false285fullhttps://www.spreaker.com/episode/e284-key-financial-numbers-for-2026-what-changed-and-what-it-means-for-you--68821502https://api.spreaker.com/episode/68821502Wed, 03 Dec 2025 10:00:19 +0000Michael Reynolds, CFP®Staying ahead of the numbers that affect your financial planning can save you money and stress. As we move into 2026, several important contribution limits, tax brackets, and thresholds have been adjusted for inflation.583false284fullhttps://www.spreaker.com/episode/e283-what-is-a-roth-conversion-and-how-do-i-use-it--68728524https://api.spreaker.com/episode/68728524Wed, 26 Nov 2025 10:00:20 +0000Michael Reynolds, CFP®A Roth conversion can be a powerful tool in your financial planning toolkit. But like most financial strategies, it's not right for everyone, and the timing matters considerably.1422false283fullhttps://www.spreaker.com/episode/e282-how-to-use-the-rule-of-55-for-early-retirement--68607232https://api.spreaker.com/episode/68607232Wed, 19 Nov 2025 10:00:20 +0000Michael Reynolds, CFP®Most people believe their retirement accounts are completely off-limits until age 59½. But there are several ways to access your retirement funds earlier, including something called the Rule of 55.649false282fullhttps://www.spreaker.com/episode/e281-how-donating-appreciated-stock-to-charity-can-save-you-thousands-in-taxes--68502183https://api.spreaker.com/episode/68502183Wed, 12 Nov 2025 10:00:19 +0000Michael Reynolds, CFP®If you're charitably inclined and have investments in a taxable brokerage account, you might be leaving significant tax savings on the table. Most people automatically reach for their checkbook or credit card when making charitable donations, but...882false281fullhttps://www.spreaker.com/episode/e280-should-i-use-my-heloc-as-an-emergency-fund--68403304https://api.spreaker.com/episode/68403304Wed, 05 Nov 2025 10:00:18 +0000Michael Reynolds, CFP®Using a HELOC as an emergency fund isn't always inherently wrong, but it's also not the straightforward optimization it might appear to be on the surface.738false280fullhttps://www.spreaker.com/episode/e279-3-ways-to-invest-in-crypto-and-my-preferred-method--68300841https://api.spreaker.com/episode/68300841Wed, 29 Oct 2025 09:00:17 +0000Michael Reynolds, CFP®Cryptocurrency has moved from the fringes of finance to a mainstream investment option. If you're considering adding crypto to your portfolio, you have several ways to gain exposure.939false279fullhttps://www.spreaker.com/episode/e278-debunking-the-most-common-personal-finance-lies-on-tiktok--68135526https://api.spreaker.com/episode/68135526Wed, 15 Oct 2025 09:00:18 +0000Michael Reynolds, CFP®Scroll through TikTok (or YouTube and similar platforms) for five minutes, and you'll find no shortage of confident voices promising to unlock the secrets of wealth building. Some claim you can retire by 30 with one simple trick. Others insist...2156false278fullhttps://www.spreaker.com/episode/e277-dollar-cost-averaging-vs-lump-sum-investing-which-strategy-wins--68035005https://api.spreaker.com/episode/68035005Wed, 08 Oct 2025 09:00:21 +0000Michael Reynolds, CFP®When you have a significant amount of cash to invest, you face a sometimes tough decision: should you invest it all at once or spread it out over time?593false277fullhttps://www.spreaker.com/episode/e276-how-to-navigate-market-volatility-without-losing-your-cool--67943278https://api.spreaker.com/episode/67943278Wed, 01 Oct 2025 09:00:19 +0000Michael Reynolds, CFP®Volatility is a natural part of investing. It’s the “price of admission” that we pay in exchange for the opportunity to grow wealth over time. But when markets start swinging wildly, especially to the downside, it’s easy to let emotion take the wheel.635false276fullhttps://www.spreaker.com/episode/e275-the-truth-about-the-future-of-social-security--67853656https://api.spreaker.com/episode/67853656Wed, 24 Sep 2025 09:00:16 +0000Michael Reynolds, CFP®So what is the actual state of Social Security based on the most recent data and analysis? And what does this mean for your financial future?558false275fullhttps://www.spreaker.com/episode/e274-should-i-invest-in-a-target-date-fund-weighing-the-pros-and-cons--67770265https://api.spreaker.com/episode/67770265Wed, 17 Sep 2025 09:00:17 +0000Michael Reynolds, CFP®Target date funds are convenient, popular, and designed to do the hard work for you. But does that mean a target date fund is the best choice for your financial future?744false274fullhttps://www.spreaker.com/episode/e273-3-ways-to-generate-income-from-a-lump-sum-of-money--67678014https://api.spreaker.com/episode/67678014Wed, 10 Sep 2025 09:00:18 +0000Michael Reynolds, CFP®If you've come into a lump sum of money, whether from a business sale, inheritance, settlement, or years of disciplined saving, you may be asking: "How can I turn this into reliable income?"565false273fullhttps://www.spreaker.com/episode/e272-when-should-i-get-life-insurance--67508735https://api.spreaker.com/episode/67508735Wed, 27 Aug 2025 09:00:16 +0000Michael Reynolds, CFP®Life insurance can feel like one of those financial products that people think they’ll "get around to eventually." But waiting until later often means higher costs or even the possibility of not qualifying at all.707false272fullhttps://www.spreaker.com/episode/e271-does-dividend-investing-live-up-to-the-hype--67416997https://api.spreaker.com/episode/67416997Wed, 20 Aug 2025 09:00:19 +0000Michael Reynolds, CFP®Let’s unpack where dividends come from, why investors are drawn to them, and how to think more strategically about total return and diversification.495false271fullhttps://www.spreaker.com/episode/e270-should-i-invest-in-physical-gold-to-hedge-against-disaster--67334249https://api.spreaker.com/episode/67334249Wed, 13 Aug 2025 09:00:18 +0000Michael Reynolds, CFP®Gold has often been viewed as a store of value and a hedge against inflation or economic crisis. But when it comes to true disaster preparedness (natural disasters, infrastructure breakdowns, or system-wide economic failure) is gold the right asset to...616false270fullhttps://www.spreaker.com/episode/e269-can-an-hsa-be-used-to-pay-for-medicare-premiums--67248804https://api.spreaker.com/episode/67248804Wed, 06 Aug 2025 09:00:16 +0000Michael Reynolds, CFP®What happens when you transition to Medicare? Can you still use your HSA? And more specifically, can you use it to pay for your Medicare premiums?412false269fullhttps://www.spreaker.com/episode/e268-how-to-find-unclaimed-money-a-step-by-step-guide-to-reclaim-what-s-yours--67154430https://api.spreaker.com/episode/67154430Wed, 30 Jul 2025 09:00:17 +0000Michael Reynolds, CFP®Discover how to find and claim unclaimed money that may belong to you. Learn the steps to search state and federal databases for forgotten funds like old bank accounts, checks, and insurance payouts.483false268fullhttps://www.spreaker.com/episode/e267-should-you-invest-in-international-stocks--67058508https://api.spreaker.com/episode/67058508Wed, 23 Jul 2025 09:00:17 +0000Michael Reynolds, CFP®It’s easy to be attracted to U.S. stocks, especially after a long period of great performance. However, when we step back and look at the bigger picture, the case for international diversification becomes clearer and more compelling.539false267fullhttps://www.spreaker.com/episode/e266-how-decluttering-your-finances-can-improve-your-life--66975651https://api.spreaker.com/episode/66975651Wed, 16 Jul 2025 09:00:17 +0000Michael Reynolds, CFP®Feeling overwhelmed by your financial life? Learn how decluttering your finances can reduce stress, improve cash flow, and help you align your money with your values.752falsefullhttps://www.spreaker.com/episode/e265-should-i-invest-the-funds-in-my-hsa--66884287https://api.spreaker.com/episode/66884287Wed, 09 Jul 2025 09:00:18 +0000Michael Reynolds, CFP®Health Savings Accounts (HSAs) are often misunderstood. Many people think of them as simply a place to park money for upcoming medical expenses. But HSAs can be much more powerful—especially when you consider the option to invest the funds.491false265fullhttps://www.spreaker.com/episode/e264-how-do-gift-taxes-work--66806108
]]>https://api.spreaker.com/episode/66806108Wed, 02 Jul 2025 09:00:19 +0000Michael Reynolds, CFP®Gift taxes are one of the most misunderstood areas of the U.S. tax code.
]]>628false264fullhttps://www.spreaker.com/episode/e263-original-medicare-vs-medicare-advantage-plans-explained--66708036https://api.spreaker.com/episode/66708036Wed, 25 Jun 2025 09:00:17 +0000Michael Reynolds, CFP®As you approach age 65, one of the most important—and often confusing—financial decisions you face is how to structure your Medicare coverage. Understanding the differences between Original Medicare and Medicare Advantage plans is essential for making...741false263fullhttps://www.spreaker.com/episode/e262-home-equity-loan-vs-heloc-what-s-the-difference-and-which-one-is-right-for-you--66579580https://api.spreaker.com/episode/66579580Wed, 18 Jun 2025 09:00:16 +0000Michael Reynolds, CFP®Tapping into your home’s equity can be a helpful way to access funds for major expenses. However, choosing between a home equity loan and a home equity line of credit (HELOC) can be confusing.449false262fullhttps://www.spreaker.com/episode/e261-how-to-pick-a-health-insurance-plan-questions-to-help-you-choose--66476201https://api.spreaker.com/episode/66476201Wed, 11 Jun 2025 09:00:15 +0000Michael Reynolds, CFP®Navigating health insurance can feel overwhelming. With so many plans available (and only a limited window during open enrollment to make changes) it’s important to choose a plan that aligns with your needs, preferences, and financial situation.729falsefullhttps://www.spreaker.com/episode/e260-what-is-an-s-corp-and-how-do-you-set-one-up--66369436https://api.spreaker.com/episode/66369436Wed, 04 Jun 2025 09:00:14 +0000Michael Reynolds, CFP®S-corps can offer significant tax advantages, but they also come with rules, responsibilities, and deadlines you need to understand.625falsefullhttps://www.spreaker.com/episode/e259-should-i-buy-a-duplex--66075960https://api.spreaker.com/episode/66075960Wed, 14 May 2025 09:00:13 +0000Michael Reynolds, CFP®Thinking about buying a duplex? Learn the pros and cons, from financing and maintenance to tenant management and resale value, to decide if it's the right investment for you.527falsefullhttps://www.spreaker.com/episode/e258-medicare-enrollment-101-a-guide-to-help-you-sign-up-for-medicare--65943083https://api.spreaker.com/episode/65943083Wed, 07 May 2025 09:00:13 +0000Michael Reynolds, CFP®We’ll review the basic parts of Medicare, enrollment deadlines, how to enroll, and some common costs you can expect.680falsefullhttps://www.spreaker.com/episode/e257-what-is-a-buffered-etf-and-how-does-it-work--65794764https://api.spreaker.com/episode/65794764Wed, 30 Apr 2025 09:00:14 +0000Michael Reynolds, CFP®Buffered ETFs offer downside protection with capped gains, making them an attractive option for cautious investors. Learn how buffered ETFs work and when they might fit into your portfolio.599falsefullhttps://www.spreaker.com/episode/e256-so-you-started-a-business-now-what--65656562https://api.spreaker.com/episode/65656562Wed, 23 Apr 2025 09:00:13 +0000Michael Reynolds, CFP®You’ve taken the leap and started your own business. First, congratulations! It takes courage to step out on your own and build something from scratch. But now that you’re officially in business, what comes next?640falsefullhttps://www.spreaker.com/episode/e255-3-ways-to-improve-your-tax-filing-process-next-year--65583938https://api.spreaker.com/episode/65583938Wed, 16 Apr 2025 09:00:13 +0000Michael Reynolds, CFP®Tax season can feel overwhelming, especially when you’re scrambling to pull everything together at the last minute. Whether you file your own taxes or work with a tax professional, an organized approach can help reduce stress and improve your outcome.317falsefullhttps://www.spreaker.com/episode/e254-10-budgeting-myths-that-keep-people-from-using-a-budget--65289921https://api.spreaker.com/episode/65289921Wed, 02 Apr 2025 09:00:12 +0000Michael Reynolds, CFP®Creating and following a budget is one of the most powerful ways to gain control over your finances. But despite its benefits, many people avoid budgeting altogether. Why?555falsefullhttps://www.spreaker.com/episode/e253-how-to-claim-your-tax-credits-for-adoption-expenses--65108893https://api.spreaker.com/episode/65108893Wed, 26 Mar 2025 09:00:12 +0000Michael Reynolds, CFP®Adoption can be one of the most meaningful experiences in life—but it's no secret that it can also come with significant costs. Fortunately, the IRS offers adoption tax benefits designed to offset some of these costs. If you’re planning to adopt or...764falsefullhttps://www.spreaker.com/episode/e252-should-i-repair-or-replace-my-car--64958999https://api.spreaker.com/episode/64958999Wed, 19 Mar 2025 09:00:12 +0000Michael Reynolds, CFP®If you've ever owned an older car, you've probably faced the tough choice: Should you spend the money to repair it, or is it finally time to buy something newer? This is a common situation, and it's totally normal to feel a bit torn between the...372falsefullhttps://www.spreaker.com/episode/e251-what-are-my-options-for-college-savings-for-my-child--64816489https://api.spreaker.com/episode/64816489Wed, 12 Mar 2025 09:00:12 +0000Michael Reynolds, CFP®Saving for your children's college education is one of the most important financial decisions you'll make as a parent. With the cost of higher education rising steadily, it's a great idea to start planning early and understand your options.756falsefullhttps://www.spreaker.com/episode/e250-what-is-a-roth-401-k-and-how-does-it-work--64702063https://api.spreaker.com/episode/64702063Wed, 05 Mar 2025 10:00:13 +0000Michael Reynolds, CFP®If your employer offers a Roth 401(k), consider giving it a closer look. It could become an essential part of your financial strategy, setting you up for a financially secure, tax-efficient retirement.522falsefullhttps://www.spreaker.com/episode/e249-reasonable-compensation-for-s-corps-busting-common-myths--64566731https://api.spreaker.com/episode/64566731Wed, 26 Feb 2025 10:00:12 +0000Michael Reynolds, CFP®Reasonable compensation is one of the most misunderstood and debated topics for S-Corporation (S-Corp) owners. Despite its importance, misconceptions continue to circulate, often leading to IRS challenges or costly mistakes. Let’s break down what...593falsefullhttps://www.spreaker.com/episode/e248-how-to-read-a-fund-report-understanding-key-investment-metrics--64436798https://api.spreaker.com/episode/64436798Wed, 19 Feb 2025 10:00:12 +0000Michael Reynolds, CFP®Investing in mutual funds and exchange-traded funds (ETFs) can be a great way to diversify your portfolio, but understanding fund reports is essential to making informed decisions. Fund reports contain a wealth of information about a fund’s...557falsefullhttps://www.spreaker.com/episode/e247-when-to-use-a-credit-card-balance-transfer--64174935https://api.spreaker.com/episode/64174935Wed, 05 Feb 2025 10:00:17 +0000Michael Reynolds, CFP®Timing is everything when it comes to balance transfers, and knowing when to use one is key to making the most of it. It can be a smart move for consolidating high-interest debt and speeding up your journey to being debt-free, but it's not a...463falsefullhttps://www.spreaker.com/episode/e246-a-checklist-of-documents-for-filing-your-2024-tax-return--63981639https://api.spreaker.com/episode/63981639Wed, 29 Jan 2025 10:00:13 +0000Michael Reynolds, CFP®As tax season approaches, staying organized can save you time, stress, and even money. To make filing your 2024 tax return easier, here’s a checklist of documents you may need, depending on your income sources, deductions, and tax credits.502falsefullhttps://www.spreaker.com/episode/e245-how-and-why-to-communicate-your-estate-plan-to-your-family--63785328https://api.spreaker.com/episode/63785328Wed, 22 Jan 2025 10:00:13 +0000Michael Reynolds, CFP®Estate planning isn’t just about organizing your assets or drafting a will. It’s about creating a roadmap that ensures your wishes are honored and your loved ones are cared for. Communicating your estate plan to your family is helpful for several reasons.565falsefullhttps://www.spreaker.com/episode/e244-the-biggest-mistakes-made-during-tax-season-that-can-trigger-irs-audits--63691234https://api.spreaker.com/episode/63691234Wed, 15 Jan 2025 10:00:12 +0000Michael Reynolds, CFP®Here are the biggest mistakes taxpayers make during tax season that can trigger IRS enforcement—and how you can avoid them.619falsefullhttps://www.spreaker.com/episode/e243-my-three-words-for-2025-setting-intentions-for-the-new-year--63613130https://api.spreaker.com/episode/63613130Wed, 08 Jan 2025 14:47:10 +0000Michael Reynolds, CFP®I love this exercise because it avoids the head trash that can result from the pass/fail nature of goal-setting. Don’t get me wrong, there is a time and place for setting goals. But for me, setting three words is much more effective when defining a...510falsefullhttps://www.spreaker.com/episode/e242-how-to-create-retirement-income-from-your-investments-three-popular-strategies--62546658https://api.spreaker.com/episode/62546658Wed, 30 Oct 2024 09:00:08 +0000Michael Reynolds, CFP®Here’s a look at three common retirement income strategies—Systematic Withdrawals (Total Return with Rebalancing), the Bucket Strategy, and the Guardrails approach. Each one has its own strengths and challenges, depending on your goals, risk...1360falsefullhttps://www.spreaker.com/episode/e241-why-shouldn-t-i-just-invest-in-the-s-p-500--62335583https://api.spreaker.com/episode/62335583Wed, 16 Oct 2024 09:00:07 +0000Michael Reynolds, CFP®While the S&P 500 can be a great foundation for a portfolio, investing solely in this one segment of the market may not always be the best approach. We'll explore several reasons why relying solely on the S&P 500 might not be the ideal strategy.608falsefullhttps://www.spreaker.com/episode/e240-what-to-do-if-you-lose-your-job--62290514https://api.spreaker.com/episode/62290514Wed, 09 Oct 2024 09:00:06 +0000Michael Reynolds, CFP®Losing your job is never easy, whether you saw it coming or it took you by surprise. Beyond the emotional toll, the financial uncertainty can be overwhelming. However, with thoughtful planning and strategic actions, you can protect your financial...913falsefullhttps://www.spreaker.com/episode/e239-5-myths-about-401-k-plans-that-need-to-be-debunked--62183745https://api.spreaker.com/episode/62183745Wed, 02 Oct 2024 09:00:07 +0000Michael Reynolds, CFP®The truth is, a 401(k) can be a powerful tool for building a secure retirement if you know how to use it wisely. We'll dive into five of the most common myths about 401(k) plans, debunk them, and provide clarity so you can make the most of your...591falsefullhttps://www.spreaker.com/episode/e238-how-do-presidential-elections-affect-the-stock-market--62095153https://api.spreaker.com/episode/62095153Wed, 25 Sep 2024 09:00:06 +0000Michael Reynolds, CFP®Presidential elections often bring a heightened sense of uncertainty to the stock market, but historical data suggests that the impact is not as significant or predictable as many might believe. Here are some key points to consider.525falsefullhttps://www.spreaker.com/episode/e237-navigating-your-child-s-transition-to-independence-key-considerations-for-parents--61859594https://api.spreaker.com/episode/61859594Wed, 18 Sep 2024 09:00:07 +0000Michael Reynolds, CFP®As your child becomes independent, there are a multitude of factors to consider. From health care access and insurance coverage to tax strategies and estate planning, it’s a significant transition for both you and your child. By proactively addressing...660falsefullhttps://www.spreaker.com/episode/e236-the-right-way-to-set-up-and-use-ynab-for-budgeting--61331322https://api.spreaker.com/episode/61331322Wed, 11 Sep 2024 09:00:07 +0000Michael Reynolds, CFP®You Need a Budget (YNAB) is a powerful tool that can help you manage your cash flow, save with intention, and spend with confidence. I'm going to walk you through the "right" way to set it up and use it. Or at least, MY way.1675falsefullhttps://www.spreaker.com/episode/e235-how-to-freeze-your-credit-and-why-you-might-want-to--61163020https://api.spreaker.com/episode/61163020Wed, 28 Aug 2024 09:00:07 +0000Michael Reynolds, CFP®One tool in your fight against identity theft is a credit freeze. But what exactly is a credit freeze, and why should you consider implementing one?550falsefullhttps://www.spreaker.com/episode/e234-the-psychology-behind-overspending--61083572https://api.spreaker.com/episode/61083572Wed, 21 Aug 2024 09:00:08 +0000Michael Reynolds, CFP®Overspending is a common financial challenge that affects millions of people, regardless of income level or financial knowledge.765falsefullhttps://www.spreaker.com/episode/e233-the-cash-balance-plan-a-powerful-tax-savings-tool-for-solo-business-owners--61015968https://api.spreaker.com/episode/61015968Wed, 14 Aug 2024 09:00:14 +0000Michael Reynolds, CFP®As a solo business owner, you're probably looking for ways to maximize your tax savings and secure your financial future. One powerful tool that can help you achieve both goals is the cash balance plan.730falsefullhttps://www.spreaker.com/episode/e232-solo-401-k-contributions-employee-vs-employer--60940658https://api.spreaker.com/episode/60940658Wed, 07 Aug 2024 09:00:10 +0000Michael Reynolds, CFP®What makes the Solo 401(k) particularly attractive is its unique dual contribution structure. Unlike traditional employer-sponsored 401(k) plans, a Solo 401(k) allows you to contribute to your retirement savings in two capacities: as an employee and...613falsefullhttps://www.spreaker.com/episode/e231-what-is-a-good-debt-to-income-ratio--60866598https://api.spreaker.com/episode/60866598Wed, 31 Jul 2024 09:00:09 +0000Michael Reynolds, CFP®Debt-to-income is a key financial metric. It reflects your financial health and helps you build a stable and prosperous future.585falsefullhttps://www.spreaker.com/episode/e230-maximizing-college-savings-a-guide-to-superfunding-a-529-plan--60780084https://api.spreaker.com/episode/60780084Wed, 24 Jul 2024 09:00:08 +0000Michael Reynolds, CFP®When planning for your child's future education, one powerful tool at your disposal is the 529 plan. You may already be familiar with the basics of this tax-advantaged savings vehicle, but have you heard about "superfunding" a 529 plan?547falsefullhttps://www.spreaker.com/episode/e229-will-i-have-to-pay-taxes-when-i-sell-my-house--60706559https://api.spreaker.com/episode/60706559Wed, 17 Jul 2024 09:00:10 +0000Michael Reynolds, CFP®By understanding the tax implications and implementing these strategies early, you can significantly improve your financial outcome when selling your house.570falsefullhttps://www.spreaker.com/episode/e228-what-does-a-solid-financial-plan-look-like--60634073https://api.spreaker.com/episode/60634073Wed, 10 Jul 2024 09:00:09 +0000Michael Reynolds, CFP®As you might expect, there is no one correct answer. Most importantly, it guides you toward your goals and provides a solid financial foundation for your life. So what does the typical financial plan contain, and what should it cover?515falsefullhttps://www.spreaker.com/episode/e227-should-i-invest-in-the-current-hot-stock--60495806https://api.spreaker.com/episode/60495806Wed, 26 Jun 2024 09:00:09 +0000Michael Reynolds, CFP®Investing in the biggest names in the stock market has always been tempting. These giants of the industry are often household names with a reputation for market dominance, and their stocks can potentially deliver impressive returns.899falsefullhttps://www.spreaker.com/episode/e226-how-to-share-and-transmit-documents-when-working-with-financial-professionals--60415516https://api.spreaker.com/episode/60415516Wed, 19 Jun 2024 09:00:09 +0000Michael Reynolds, CFP®Remember these rules when sharing financial documents with your financial professional to make life easier for everyone and help keep your data secure.419falsefullhttps://www.spreaker.com/episode/e225-a-guide-to-designating-a-transfer-on-death-beneficiary-for-your-vehicle--60353302https://api.spreaker.com/episode/60353302Wed, 12 Jun 2024 09:00:11 +0000Michael Reynolds, CFP®Assigning a beneficiary to your vehicle can be a simple and effective way to ensure that your car, truck, or motorcycle is transferred to the person of your choice upon your death. This process, known as designating a transfer-on-death (TOD)...684falsefullhttps://www.spreaker.com/episode/e224-unlocking-financial-stability-mastering-the-personal-finance-metrics-that-matter-most--60277520https://api.spreaker.com/episode/60277520Wed, 05 Jun 2024 09:00:09 +0000Michael Reynolds, CFP®If you focus on these metrics and improve them over time, you will have a foundation of financial stability that will unlock potential in many other areas of your life.665falsefullhttps://www.spreaker.com/episode/e223-choosing-the-right-retirement-plan-solo-401-k-vs-sep-ira--60121130https://api.spreaker.com/episode/60121130Wed, 22 May 2024 09:00:09 +0000Michael Reynolds, CFP®SEP IRAs and Solo 401(k) both offer tax benefits and generous contribution limits. But they also have unique features that are different.454falsefullhttps://www.spreaker.com/episode/e222-the-impact-of-money-scripts-on-your-financial-decisions--60037928https://api.spreaker.com/episode/60037928Wed, 15 May 2024 09:00:08 +0000Michael Reynolds, CFP®Our behavior related to money is driven by many factors. One factor can be our unconscious beliefs about money. These beliefs are called "money scripts," and they can significantly influence our habits and results with money.670falsefullhttps://www.spreaker.com/episode/e221-how-debt-can-sabotage-your-financial-future-understanding-the-negative-effects-of-debt--59908796https://api.spreaker.com/episode/59908796Wed, 08 May 2024 09:00:08 +0000Michael Reynolds, CFP®Debt is not always bad, but it's often overused. Avoiding debt as much as possible is one of the best ways to avoid financial stress and make faster progress toward your financial goals.766falsefullhttps://www.spreaker.com/episode/e220-can-i-withdraw-from-my-ira-for-a-down-payment-on-a-home--59734540https://api.spreaker.com/episode/59734540Wed, 01 May 2024 09:00:06 +0000Michael Reynolds, CFP®Are you dreaming of buying a new home but struggling to come up with enough money for a down payment? If you have an IRA, you might be tempted to dip into it to fund your dream. But can you actually withdraw money from your IRA for a down payment on a...674falsefullhttps://www.spreaker.com/episode/e219-understanding-401-k-loans-how-they-work-and-when-to-consider-one--59622659https://api.spreaker.com/episode/59622659Wed, 24 Apr 2024 09:00:06 +0000Michael Reynolds, CFP®If you've ever wondered whether you can borrow from your 401(k), the answer is likely yes, but it comes with a host of considerations. Before you consider borrowing from your 401(k), you need to understand the mechanics of 401(k) loans, the potential...518falsefullhttps://www.spreaker.com/episode/e218-what-home-improvements-increase-cost-basis-and-why-you-should-care--59479058https://api.spreaker.com/episode/59479058Wed, 17 Apr 2024 09:00:04 +0000Michael Reynolds, CFP®By maintaining detailed records of all home improvements, you can maximize your chances of increasing your adjusted costs basis as much as possible when selling your home, which can minimize the capital gains taxes you might pay.670falsefullhttps://www.spreaker.com/episode/e217-what-s-a-normal-down-payment-for-buying-a-house--59105714https://api.spreaker.com/episode/59105714Wed, 20 Mar 2024 09:00:03 +0000Michael Reynolds, CFP®There are some myths as well as pros and cons of different down payment percentages. Whether you're a first-time homebuyer or looking to upgrade, understanding your option for a down payment will help you make informed decisions and find the right...655falsefullhttps://www.spreaker.com/episode/e216-how-to-recognize-and-avoid-scams--59022232https://api.spreaker.com/episode/59022232Wed, 13 Mar 2024 09:00:02 +0000Michael Reynolds, CFP®To protect yourself, you need to arm yourself with the tools and knowledge necessary to spot the red flags of a scam and the strategies to avoid these potentially devastating intrusions.1975falsefullhttps://www.spreaker.com/episode/e215-how-to-switch-banks-in-5-steps--58935955https://api.spreaker.com/episode/58935955Wed, 06 Mar 2024 10:00:02 +0000Michael Reynolds, CFP®Don't let inertia and the comfort of the status quo keep you from improving your bank experience. Switching banks is not that difficult and can make life easier if you put in a little time up front.441falsefullhttps://www.spreaker.com/episode/e214-understanding-umbrella-insurance-what-does-it-mean-and-why-do-you-need-it--58864836https://api.spreaker.com/episode/58864836Wed, 28 Feb 2024 15:11:49 +0000Michael Reynolds, CFP®Umbrella insurance is an important component of a comprehensive insurance portfolio. It provides an extra layer of liability coverage, protecting you from the financial consequences of lawsuits and potentially saving your assets.558falsefullhttps://www.spreaker.com/episode/e213-a-step-by-step-guide-to-setting-up-a-solo-401-k-for-self-employed-professionals--58754726https://api.spreaker.com/episode/58754726Wed, 21 Feb 2024 10:00:02 +0000Michael Reynolds, CFP®The Solo 401(k) is one of the best retirement plans available to business owners and can give you lots of flexibility when it comes to managing taxes and saving for retirement.1205falsefullhttps://www.spreaker.com/episode/e212-can-a-529-be-rolled-into-a-roth-ira--58679627https://api.spreaker.com/episode/58679627Wed, 14 Feb 2024 10:00:03 +0000Michael Reynolds, CFP®Under certain circumstances, a 529 to Roth IRA rollover can be a great way to use extra 529 funds in a tax-efficient way that benefits your child.548falsefullhttps://www.spreaker.com/episode/e211-the-benefits-of-working-with-a-flat-fee-financial-advisor--58593968https://api.spreaker.com/episode/58593968Wed, 07 Feb 2024 10:00:02 +0000Michael Reynolds, CFP®If you are interested in getting help with financial planning and investment management and you want to keep costs under control while avoiding conflicts of interest, consider working with a flat fee financial advisor. It can be a great way to level...693falsefullhttps://www.spreaker.com/episode/e210-simplifying-tax-season-the-essential-tax-documents-you-can-t-afford-to-miss--58505993https://api.spreaker.com/episode/58505993Wed, 31 Jan 2024 10:00:02 +0000Michael Reynolds, CFP®Tax season can be a stressful time for many individuals, but it doesn't have to be. By understanding the essential tax documents you can't afford to miss, you can simplify the process and save yourself unnecessary stress.785falsefullhttps://www.spreaker.com/episode/e209-navigating-tax-debt-what-to-do-when-you-can-t-pay-the-irs--58421305https://api.spreaker.com/episode/58421305Wed, 24 Jan 2024 10:00:02 +0000Michael Reynolds, CFP®It can be stressful when you find yourself unable to pay the IRS. It's a situation no one wants to be in, but it's important to know that there are steps you can take to address the issue and find a solution.898falsefullhttps://www.spreaker.com/episode/e208-new-reporting-requirement-for-small-businesses-boi--58331383https://api.spreaker.com/episode/58331383Wed, 17 Jan 2024 15:19:07 +0000Michael Reynolds, CFP®Starting January 1st, 2024, a crucial new requirement for LLCs and most small businesses involves reporting Beneficial Ownership Information (BOI) to FinCEN (The Financial Crimes Enforcement Network). Ignoring this requirement could lead to severe...524falsefullhttps://www.spreaker.com/episode/e207-my-three-words-for-2024--58236038https://api.spreaker.com/episode/58236038Wed, 10 Jan 2024 10:00:03 +0000Michael Reynolds, CFP®At the beginning of each year, I choose three words to set the direction for the year. Here are my three words for 2024 and insights to help you use this exercise to find success and fulfillment in your own life.467falsefullhttps://www.spreaker.com/episode/e206-important-numbers-for-2024--57843370https://api.spreaker.com/episode/57843370Wed, 29 Nov 2023 11:06:53 +0000Michael Reynolds, CFP®Here is a brief summary of some of the changes for 2024 followed by a more in-depth downloadable PDF at the end.485falsefullhttps://www.spreaker.com/episode/e205-how-to-set-up-a-household-budget-a-template-for-categories-and-groups--57756571https://api.spreaker.com/episode/57756571Wed, 22 Nov 2023 10:00:03 +0000Michael Reynolds, CFP®When you're setting up your budget for the first time, it can often be intimidating to stare at a "blank sheet of paper" trying to come up with your budget categories. So I'm sharing the budget template I use with my clients to help them get started.775falsefullhttps://www.spreaker.com/episode/e204-estate-planning-choosing-between-a-will-and-a-trust-for-peace-of-mind--57632953https://api.spreaker.com/episode/57632953Wed, 15 Nov 2023 10:00:03 +0000Michael Reynolds, CFP®When it comes to securing your legacy and ensuring your loved ones are taken care of, estate planning is the cornerstone of peace of mind. As you navigate this process, one of the primary decisions you'll face is choosing between a will and a trust...1167falsefullhttps://www.spreaker.com/episode/e203-are-you-a-victim-of-recency-bias-understanding-and-overcoming-its-impact-on-your-investments--57548869https://api.spreaker.com/episode/57548869Wed, 08 Nov 2023 10:00:03 +0000Michael Reynolds, CFP®Are You a Victim of Recency Bias? Understanding and Overcoming its Impact on Your Investments. Understanding recency bias is the first step to overcoming its potentially negative impact on your investments.726falsefullhttps://www.spreaker.com/episode/e202-how-to-get-your-estate-planning-documents-notarized--57461926https://api.spreaker.com/episode/57461926Wed, 01 Nov 2023 09:00:03 +0000Michael Reynolds, CFP®With all these options available, there is no reason not to get your estate planning documents properly executed. Don't delay any longer.481falsefullhttps://www.spreaker.com/episode/e201-what-issues-should-i-consider-when-establishing-and-maintaining-my-emergency-fund--57369914https://api.spreaker.com/episode/57369914Wed, 25 Oct 2023 09:00:03 +0000Michael Reynolds, CFP®Let's delve into crucial considerations to ensure your emergency fund is not only sufficient but also aligned with your broader financial goals and life situations.664falsefullhttps://www.spreaker.com/episode/e200-do-debit-cards-offer-fraud-protection--57180900https://api.spreaker.com/episode/57180900Wed, 11 Oct 2023 09:00:03 +0000Michael Reynolds, CFP®Many people believe that debit cards don't offer the same protections as credit cards. But it's not quite that simple.693falsefullhttps://www.spreaker.com/episode/e199-an-overview-of-flow-based-budgeting--57049352https://api.spreaker.com/episode/57049352Wed, 04 Oct 2023 09:00:03 +0000Michael Reynolds, CFP®If you have struggled with budgeting in the past and you are looking for something that "goes with the flow" a bit more, flow-based budgeting system may be the method you've been looking for.839falsefullhttps://www.spreaker.com/episode/e198-how-to-avoid-probate-on-bank-accounts--56947452]]>https://api.spreaker.com/episode/56947452Wed, 27 Sep 2023 09:00:03 +0000Michael Reynolds, CFP®Many people often overlook their bank accounts when it comes to estate planning but it's important to include those assets in your estate plan. Even if the accounts are smaller, anything you can do to streamline the process of settling your estate...]]>893falsefullhttps://www.spreaker.com/episode/e197-how-to-start-a-business-for-less-than-1-000--56780982https://api.spreaker.com/episode/56780982Wed, 13 Sep 2023 09:00:03 +0000Michael Reynolds, CFP®Having started (and in some cases, sold) multiple businesses, I'm here to tell you that it doesn't have to be difficult or expensive to start a business. It's hard work and it's absolutely not easy. But I'm going to walk you through how to start a...1011falsefullhttps://www.spreaker.com/episode/e196-the-taxable-brokerage-account-an-underrated-but-powerful-investing-tool--56631451https://api.spreaker.com/episode/56631451Wed, 30 Aug 2023 09:00:04 +0000Michael Reynolds, CFP®The taxable brokerage account is often overlooked in investment discussions, but it can be a powerful tool for growing your wealth. Unlike tax-advantaged accounts like IRAs or 401(k)s, taxable brokerage accounts don't offer any tax benefits upfront....957falsefullhttps://www.spreaker.com/episode/e195-the-process-and-timeline-for-buying-your-first-home--56557332https://api.spreaker.com/episode/56557332Wed, 23 Aug 2023 09:00:03 +0000Michael Reynolds, CFP®From determining your budget and securing pre-approvals to house hunting and closing the deal, there are a number of steps to consider along the way. Let’s dig into the process and timeline for buying your first home.1438falsefullhttps://www.spreaker.com/episode/e194-how-to-sell-your-business--56478947https://api.spreaker.com/episode/56478947Wed, 16 Aug 2023 09:00:03 +0000Michael Reynolds, CFP®Whether you plan to sell your business or not, it can be valuable to start thinking about how to increase its value now so that you have options in the future. So what do you need to have in place to sell your business?821falsefullhttps://www.spreaker.com/episode/e193-how-to-stop-overspending-and-regain-control-of-your-finances--56406359https://api.spreaker.com/episode/56406359Wed, 09 Aug 2023 09:00:02 +0000Michael Reynolds, CFP®83% of Americans say they overspend. 44% say they usually use a credit card to pay for the additional purchases they make when going over budget. How do we break free from the cycle of overspending?1031falsefullhttps://www.spreaker.com/episode/e192-unlocking-the-triple-tax-benefit-how-an-hsa-can-maximize-your-savings--56337930https://api.spreaker.com/episode/56337930Wed, 02 Aug 2023 09:00:03 +0000Michael Reynolds, CFP®HSAs can be used for health care expenses in the short term, but it’s also possible to unlock massive potential for long-term financial planning. Understanding the workings of an HSA is a powerful way to supplement your other investments and save...989falsefullhttps://www.spreaker.com/episode/e191-how-to-build-wealth-in-every-stage-of-life--56142905https://api.spreaker.com/episode/56142905Wed, 19 Jul 2023 09:00:03 +0000Michael Reynolds, CFP®Financial strategies are not “one size fits all” and they change as we progress through different stages of life. Your money habits in your 20s may not be as effective in your 40s or 50s.1239falsefullhttps://www.spreaker.com/episode/e190-what-is-reverse-budgeting-and-how-can-it-help-you-save-money--56066038https://api.spreaker.com/episode/56066038Wed, 12 Jul 2023 09:00:03 +0000Michael Reynolds, CFP®Are you tired of traditional budgeting methods that don't seem to work? Reverse budgeting might be the solution you need. Discover what it is and how it can help you save money.934falsefullhttps://www.spreaker.com/episode/e189-rules-of-thumb-to-determine-how-much-life-insurance-you-need--55297227https://api.spreaker.com/episode/55297227Wed, 28 Jun 2023 09:00:02 +0000Michael Reynolds, CFP®Determining the right amount of life insurance can be easier than you think. There are some general rules of thumb that can help.1022falsefullhttps://www.spreaker.com/episode/e188-protecting-your-money-understanding-the-consequences-of-debit-card-fraud--54556936https://api.spreaker.com/episode/54556936Wed, 21 Jun 2023 09:00:02 +0000Michael Reynolds, CFP®By equipping yourself with knowledge and implementing preventative measures, you can take control of your financial security and ensure that your money remains safe from the clutches of fraudsters.1053falsefullhttps://www.spreaker.com/episode/e187-esg-investing-defined-a-beginner-s-guide--54358673https://api.spreaker.com/episode/54358673Wed, 14 Jun 2023 09:00:03 +0000Michael Reynolds, CFP®Let’s cover the basics of ESG and discuss at a high level what it is and how it can apply to your investments.1469falsefullhttps://www.spreaker.com/episode/e186-the-truth-about-starting-a-business-debunking-myths-about-startup-costs--54119755https://api.spreaker.com/episode/54119755Wed, 07 Jun 2023 09:00:03 +0000Michael Reynolds, CFP®Starting a business is a dream that many people share. However, there are several myths that surround the process, particularly when it comes to startup costs.778falsefullhttps://www.spreaker.com/episode/e185-the-quickest-way-to-get-out-of-debt-a-guide-to-choosing-the-right-strategy--53979588https://api.spreaker.com/episode/53979588Wed, 24 May 2023 09:00:02 +0000Michael Reynolds, CFP®Once debt reaches a certain point, many people find that they've had enough and have a desire to get rid of their debt. But this can sometimes feel like an overwhelming task. Luckily, there are methods that can help you get out of debt faster.1057falsefullhttps://www.spreaker.com/episode/e184-five-behaviors-that-diminish-your-investment-returns--53894828https://api.spreaker.com/episode/53894828Wed, 17 May 2023 09:00:02 +0000Michael Reynolds, CFP®We all want strong investment returns. But what are the things that usually get in the way of that? It's not what you think.453falsefullhttps://www.spreaker.com/episode/e183-how-to-avoid-probate--53800458https://api.spreaker.com/episode/53800458Wed, 10 May 2023 09:00:02 +0000Michael Reynolds, CFP®Probate can be costly and time-consuming, placing a burden on loves ones in the event of your death. However, there are a number of ways to avoid probate.1014falsefullhttps://www.spreaker.com/episode/e182-personal-financial-security-a-comprehensive-guide-to-safeguarding-your-finances--53717590https://api.spreaker.com/episode/53717590Wed, 03 May 2023 09:00:02 +0000Michael Reynolds, CFP®Getting hacked can wreak havoc with your personal and financial life. Here are some simple and effective ways to strengthen your security and help keep your money protected from cybercriminals.1205falsefullhttps://www.spreaker.com/episode/e181-how-to-organize-your-financial-life--53645150https://api.spreaker.com/episode/53645150Wed, 26 Apr 2023 09:00:02 +0000Michael Reynolds, CFP®Keeping your financial life organized can go a long way toward reducing stress and saving time. Here are some of the best ways to stay on top of your money.745falsefullhttps://www.spreaker.com/episode/e180-a-comprehensive-guide-to-starting-a-side-hustle-and-making-money--53574241https://api.spreaker.com/episode/53574241Wed, 19 Apr 2023 09:00:02 +0000Michael Reynolds, CFP®Want to earn more money without quitting your day job? This guide to starting a side hustle will show you how to make money on the side and grow your income.1392falsefullhttps://www.spreaker.com/episode/e179-s-corp-reasonable-salary-tips-for-minimizing-irs-audit-risk--53505749https://api.spreaker.com/episode/53505749Wed, 12 Apr 2023 09:00:03 +0000Michael Reynolds, CFP®As an S-Corp owner, determining a reasonable salary is crucial to avoiding IRS audit risk. Learn how to determine a reasonable salary as an owner in your S-Corp.1055falsefullhttps://www.spreaker.com/episode/e178-fdic-insurance-limits-explained-how-much-coverage-do-you-have--53367092https://api.spreaker.com/episode/53367092Wed, 29 Mar 2023 09:00:02 +0000Michael Reynolds, CFP®Understanding FDIC insurance limits is crucial for safeguarding your money. Learn about the coverage you have and how to maximize your protection.661false178fullhttps://www.spreaker.com/episode/e177-six-things-that-happen-when-you-switch-to-debit-cards--53291487https://api.spreaker.com/episode/53291487Wed, 22 Mar 2023 09:00:02 +0000Michael Reynolds, CFP®Switching to using debit cards only can be a great way to “detox” from the destructive spending habits that are sometimes created by credit cards.918falsefullhttps://www.spreaker.com/episode/e176-everything-you-need-to-know-about-quarterly-estimated-taxes--53208748https://api.spreaker.com/episode/53208748Wed, 15 Mar 2023 09:10:17 +0000Michael Reynolds, CFP®Worried about paying estimated quarterly taxes? Get an understanding of what they are, how to calculate them, and the importance of filing on time in this episode.1252falsefullhttps://www.spreaker.com/episode/e175-a-list-of-dumb-things-i-ve-done-with-money--53129808https://api.spreaker.com/episode/53129808Wed, 08 Mar 2023 10:00:03 +0000Michael Reynolds, CFP®If you struggle with feelings of shame around money, I hope that seeing my speed bumps along the way will help you feel less alone.643falsefullhttps://www.spreaker.com/episode/e174-should-i-form-an-llc-for-my-business-activity--52880131https://api.spreaker.com/episode/52880131Wed, 01 Mar 2023 10:00:02 +0000Michael Reynolds, CFP®The Limited Liability Company, or “LLC” is a very common type of business structure, and for good reason. It tends to be convenient and easy to establish and comes with some benefits to the owner. So how do you decide if you should form an LLC?1113falsefullhttps://www.spreaker.com/episode/e173-demystifying-the-different-types-of-tax-professionals--52805174https://api.spreaker.com/episode/52805174Wed, 22 Feb 2023 10:00:02 +0000Michael Reynolds, CFP®Let’s walk through the different types of tax professionals, their credentials, and what they do so you can be better informed as you seek help with taxes.1384falsefullhttps://www.spreaker.com/episode/e172-the-five-most-common-life-insurance-mistakes--52731036https://api.spreaker.com/episode/52731036Wed, 15 Feb 2023 10:00:02 +0000Michael Reynolds, CFP®Even for those Americans who are insured, it’s very common to fall into some of the most common mistakes made with life insurance.797falsefullhttps://www.spreaker.com/episode/e171-three-automations-to-improve-the-flow-of-money-in-your-life--52663387https://api.spreaker.com/episode/52663387Wed, 08 Feb 2023 10:00:02 +0000Michael Reynolds, CFP®There are three primary areas of money that I’ve found to be most effective to automate. If you set up automatic recurring transfers in these key areas, you will be on your way to enjoying much more financial stability and lower stress.771falsefullhttps://www.spreaker.com/episode/e170-what-does-it-mean-to-pay-yourself-first--52598135https://api.spreaker.com/episode/52598135Wed, 01 Feb 2023 10:00:02 +0000Michael Reynolds, CFP®So what does it mean to pay yourself first and more importantly, is it a good idea?526falsefullhttps://www.spreaker.com/episode/e169-what-is-an-investment-policy-statement--52532346https://api.spreaker.com/episode/52532346Wed, 25 Jan 2023 10:00:02 +0000Michael Reynolds, CFP®So how necessary is an Investment Policy Statement? While it’s not mission-critical, it does provide a valuable framework that can make larger impacts as time goes on. In serving the purpose of creating guidelines for both you and your financial...804falsefullhttps://www.spreaker.com/episode/e168-how-to-create-a-transfer-on-death-deed-for-your-home--52466819https://api.spreaker.com/episode/52466819Wed, 18 Jan 2023 11:00:03 +0000Michael Reynolds, CFP®702falsefullhttps://www.spreaker.com/episode/e167-my-three-words-for-2023--52405779https://api.spreaker.com/episode/52405779Wed, 11 Jan 2023 10:00:03 +0000Michael Reynolds, CFP®At the beginning of each year, I choose three words to set the direction for the year. Here are my three words for 2023 and insights to help you use this exercise to find success and fulfillment in your own life.626falsefullhttps://www.spreaker.com/episode/e166-basic-estate-documents-everyone-should-have--52181177https://api.spreaker.com/episode/52181177Wed, 14 Dec 2022 10:05:01 +0000Michael Reynolds, CFP®A complete estate plan includes a few key documents that work together to make sure your money and property gets passed on the way you want and your medical and financial affairs are taken care of if you can't take care of them yourself.1093falsefullhttps://www.spreaker.com/episode/e165-a-roundup-of-end-of-year-financial-planning-items--52116153https://api.spreaker.com/episode/52116153Wed, 07 Dec 2022 10:00:03 +0000Michael Reynolds, CFP®So what are some “money” areas to focus on as we approach the end of the year?656falsefullhttps://www.spreaker.com/episode/e164-updates-to-contribution-limits-and-other-important-numbers-for-2023--51983740https://api.spreaker.com/episode/51983740Wed, 23 Nov 2022 10:00:02 +0000Michael Reynolds, CFP®This is not an exhaustive list of 2023 changes (see the download for more) but it does highlight the most commonly-used numbers when making retirement account contributions and tax planning.519falsefullhttps://www.spreaker.com/episode/e163-6-ways-to-improve-your-credit-score--51902560https://api.spreaker.com/episode/51902560Wed, 16 Nov 2022 12:00:02 +0000Michael Reynolds, CFP®Your credit score is a metric that can have a significant impact on your ability to have options. So what are some ways to improve your credit score and keep it high?623falsefullhttps://www.spreaker.com/episode/e162-benefits-of-creating-an-online-irs-account--51830187https://api.spreaker.com/episode/51830187Wed, 09 Nov 2022 11:00:02 +0000Michael Reynolds, CFP®If you’re not sure what your current tax situation is, you would like to make online payments, or would like a clearer view of your history with the IRS, consider setting up an online IRS account.366falsefullhttps://www.spreaker.com/episode/e161-should-i-put-my-emergency-fund-in-i-bonds--51552993https://api.spreaker.com/episode/51552993Wed, 12 Oct 2022 13:52:10 +0000Michael Reynolds, CFP®While they don’t really make sense as an investment (since the interest rate is not designed to outpace inflation), I Bonds can serve as a vehicle for others parts of your financial plan, including your emergency fund.719falsefullhttps://www.spreaker.com/episode/e160-how-to-get-your-resume-noticed-while-job-hunting--51469330https://api.spreaker.com/episode/51469330Wed, 05 Oct 2022 09:00:02 +0000Michael Reynolds, CFP®Having trouble getting an interview? These are a few things you can do to help increase your chances of getting noticed during the hiring process.523falsefullhttps://www.spreaker.com/episode/e159-five-ways-to-lower-anxiety-in-a-stressful-market--51396484https://api.spreaker.com/episode/51396484Wed, 28 Sep 2022 09:00:03 +0000Michael Reynolds, CFP®While there is no magic button that makes investing easy, there are a few things we can do to help smooth out the ride (emotionally) and experience less stress.647falsefullhttps://www.spreaker.com/episode/e158-can-i-contribute-to-a-traditional-ira-and-a-roth-ira-at-the-same-time--51319914https://api.spreaker.com/episode/51319914Wed, 21 Sep 2022 09:00:03 +0000Michael Reynolds, CFP®Both the Traditional IRA and the Roth IRA can be great tools for tax-advantaged retirement savings. So can you contribute to both at the same time?388falsefullhttps://www.spreaker.com/episode/e157-how-to-use-a-donor-advised-fund-in-your-financial-plan--51242761https://api.spreaker.com/episode/51242761Wed, 14 Sep 2022 09:15:02 +0000Michael Reynolds, CFP®A Donor Advised Fund can offer many benefits and is worth exploring for those interested in long-term charitable giving.1132falsefullhttps://www.spreaker.com/episode/e156-simple-ira-vs-401-k--51161873https://api.spreaker.com/episode/51161873Wed, 07 Sep 2022 09:00:03 +0000Michael Reynolds, CFP®Setting up a retirement plan for your small business can be confusing. Two popular options include the SIMPLE IRA and the 401(k). But what's the difference? And which one is right for you?1174falsefullhttps://www.spreaker.com/episode/e155-starting-a-business-stop-worrying-about-your-pricing--51079575https://api.spreaker.com/episode/51079575Wed, 31 Aug 2022 09:00:03 +0000Michael Reynolds, CFP®If you're starting a business, it can be tempting to agonize over your pricing. Are you charging enough? Here's the thing: it doesn't matter.465falsefullhttps://www.spreaker.com/episode/e154-how-to-manage-money-as-a-committed-couple--51006867https://api.spreaker.com/episode/51006867Wed, 24 Aug 2022 09:00:03 +0000Michael Reynolds, CFP®Managing money as a married or committed couple can come with challenges and benefits. Like most things in personal finance, there is no one right or wrong way to do it. We'll discuss some of the ways to approach money management in a committed...1538falsefullhttps://www.spreaker.com/episode/e153-comparing-the-risk-of-loss-vs-the-risk-of-missing-out--50932077https://api.spreaker.com/episode/50932077Wed, 17 Aug 2022 09:00:03 +0000Michael Reynolds, CFP®Fear of loss and volatility can cause anxiety, especially in scary markets. It can cause many to try to reduce risk by staying out of the market or being very conservative. But there is also a risk to NOT taking risks.1124falsefullhttps://www.spreaker.com/episode/e152-five-things-you-need-to-know-about-your-roth-401-k--50863565https://api.spreaker.com/episode/50863565Wed, 10 Aug 2022 09:00:03 +0000Michael Reynolds, CFP®Everyone has heard of a 401(k), but not as many people are aware of the Roth 401(k). Let's unpack a few facts and insights about the Roth 401(k) and how it works.756falsefullhttps://www.spreaker.com/episode/e151-how-big-should-my-emergency-fund-be--50789916https://api.spreaker.com/episode/50789916Wed, 03 Aug 2022 09:00:02 +0000Michael Reynolds, CFP®We've all probably heard the "3-6 months of expenses" rule of thumb for your emergency fund. But like most things in personal finance, it's not a one-size-fits-all. We'll talk through the nuances of how to think about how much should be in your...1153falsefullhttps://www.spreaker.com/episode/e150-how-to-accurately-calculate-your-true-monthly-expenses--50647458https://api.spreaker.com/episode/50647458Wed, 20 Jul 2022 09:00:03 +0000Michael Reynolds, CFP®When asked "what's your typical monthly spending?" most people go full on deer in the headlights. Unless you track your spending with a budgeting tool, it can be very difficult to determine your true expenses. Let's discuss a great way to ballpark it...1081falsefullhttps://www.spreaker.com/episode/e149-how-to-ask-for-a-raise--50547771https://api.spreaker.com/episode/50547771Wed, 13 Jul 2022 09:00:03 +0000Michael Reynolds, CFP®Talking about compensation can be uncomfortable for many. But avoiding the topic could leave you under-paid and under-appreciated. Let's talk about how to ask for raise in a way that is constructive, respectful, and productive.941falsefullhttps://www.spreaker.com/episode/e148-what-is-investment-management--50470307https://api.spreaker.com/episode/50470307Wed, 06 Jul 2022 09:00:03 +0000Michael Reynolds, CFP®For many, investment management can seem like a black box. It sounds mysterious and difficult. In this episode, we'll unpack exactly what goes into investment management and what financial advisors do when managing investments.1279falsefullhttps://www.spreaker.com/episode/e147-using-financial-ratios-to-make-better-money-decisions--50393195https://api.spreaker.com/episode/50393195Wed, 29 Jun 2022 09:00:03 +0000Michael Reynolds, CFP®While financial planning is not one-size-fits-all, it can often be helpful to look for rules of thumb or general guidelines when orienting your finances. We'll talk about some key financial ratios that you can track to help you make better money...1492falsefullhttps://www.spreaker.com/episode/e146-does-socially-responsible-investing-esg-and-impact-investing-really-make-a-difference--50278896https://api.spreaker.com/episode/50278896Wed, 22 Jun 2022 09:00:02 +0000Michael Reynolds, CFP®SRI/ESG/Impact investing is getting a lot more attention. While some media attention has been positive, there are plenty of naysayers. Let's talk about the true impact of investing in alignment of positive values.1071falsefullhttps://www.spreaker.com/episode/e145-five-simple-money-systems-that-will-level-up-your-financial-health--49924772https://api.spreaker.com/episode/49924772Wed, 25 May 2022 09:00:03 +0000Michael Reynolds, CFP®Good habits and systems can lead to great results. In this episode, I will share five of the most impactful (and simple) money systems that can help you significantly improve your financial health.884falsefullhttps://www.spreaker.com/episode/e144-how-to-be-a-socially-conscious-consumer-while-feeling-overwhelmed--49831578https://api.spreaker.com/episode/49831578Wed, 18 May 2022 09:00:03 +0000Michael Reynolds, CFP®You try to make a positive impact in the world by buying local, investing responsibly, supporting minority-owned businesses, recycling, re-using, donating, the list goes on and on. But what if you're feeling overwhelmed in the pursuit of ethical...1311falsefullhttps://www.spreaker.com/episode/e143-should-i-invest-in-gold--49744849https://api.spreaker.com/episode/49744849Wed, 11 May 2022 09:00:03 +0000Michael Reynolds, CFP®With geopolitical conflicts and inflation, it's natural to look for "safe haven" investments. Gold is one that often holds interest to some. We'll talk through some facts about gold to help you think through whether it makes sense for you.1001falsefullhttps://www.spreaker.com/episode/e142-an-overview-of-i-bonds--49642728https://api.spreaker.com/episode/49642728Wed, 04 May 2022 09:00:03 +0000Michael Reynolds, CFP®U.S. Treasury Series I Saving Bonds, commonly called I Bonds, can be a great supplement to your investment & savings plan. Let's unpack I Bonds and discuss how they work.883falsefullhttps://www.spreaker.com/episode/e141-should-i-buy-life-insurance-before-i-need-it--49559119https://api.spreaker.com/episode/49559119Wed, 27 Apr 2022 09:00:03 +0000Michael Reynolds, CFP®The common wisdom is that you buy life insurance when someone else is financially dependent on you. But does it make sense to get it before you need it?840falsefullhttps://www.spreaker.com/episode/e140-what-documents-do-i-need-for-financial-planning--49480274https://api.spreaker.com/episode/49480274Wed, 20 Apr 2022 09:00:03 +0000Michael Reynolds, CFP®Are you curious what documents and other information might be needed when engaging in a financial planning relationship? We'll talk through the list and explain why each document is important.1029falsefullhttps://www.spreaker.com/episode/e139-how-does-a-401-k-loan-work--49412292https://api.spreaker.com/episode/49412292Wed, 13 Apr 2022 09:00:03 +0000Michael Reynolds, CFP®Did you know that you have the option to take funds from your 401(k) as a loan? There are pros and cons to doing this and it should be considered carefully. We'll discuss how it works and all the details you need to think through when evaluating a...987falsefullhttps://www.spreaker.com/episode/e138-should-i-take-out-a-loan-for-my-business--49328859https://api.spreaker.com/episode/49328859Wed, 06 Apr 2022 09:00:04 +0000Michael Reynolds, CFP®Running a business is hard. And cash flow can be challenging at times. Or maybe you're struggling to expand. Does using debt make sense? Let's discuss the pros and cons.1174falsefullhttps://www.spreaker.com/episode/e137-how-to-get-a-service-business-up-and-running-for-less-than-1-000--49242660
Related Resource: https://www.elevationfinancial.com/my-favorite-easy-to-launch-service-business-ideas]]>https://api.spreaker.com/episode/49242660Wed, 30 Mar 2022 09:00:03 +0000Michael Reynolds, CFP®Starting a business can seem like a daunting concept. But it can be more accessible than you might think. We'll walk through the steps to take action and get a service business off the ground for less than $1,000. Related Resource:...
Related Resource: https://www.elevationfinancial.com/my-favorite-easy-to-launch-service-business-ideas]]>1812falsefullhttps://www.spreaker.com/episode/e136-how-to-invest-in-cryptocurrency--49153505https://api.spreaker.com/episode/49153505Wed, 23 Mar 2022 09:00:03 +0000Michael Reynolds, CFP®Interest in digital assets (a.k.a. cryptocurrency) continues to grow. But if you're still learning about it, you may be wondering: "how to I actually invest in crypto?" We'll cover the most common ways to buy and invest in digital assets.1131falsefullhttps://www.spreaker.com/episode/e135-how-to-implement-reverse-budgeting--49069386https://api.spreaker.com/episode/49069386Wed, 16 Mar 2022 09:00:03 +0000Michael Reynolds, CFP®We've talked about budgeting methods before but this time we will dig into one of the most popular: reverse budgeting. This budgeting style is great for people who hate budgeting. We'll talk about how to set it up for automation and how to track cash...1220falsefullhttps://www.spreaker.com/episode/e134-how-to-use-investment-buckets-to-manage-growth-risk-and-liquidity--48994202https://api.spreaker.com/episode/48994202Wed, 09 Mar 2022 10:00:03 +0000Michael Reynolds, CFP®Most of us are trained to see investing and retirement saving as very binary: either it's in cash or it's our 401(k). Short-term or long-term. But there's a lot of "medium-term" in between. And we can work with that by making use of investment buckets.1028falsefullhttps://www.spreaker.com/episode/e133-how-money-scripts-influence-your-financial-plan--48832141https://api.spreaker.com/episode/48832141Wed, 23 Feb 2022 10:00:03 +0000Michael Reynolds, CFP®“Money Script” is a term coined by Dr. Brad Klontz, a thought leader in the world of financial therapy. Basically, money scripts are your unconscious beliefs about money, often rooted in childhood, that affect your adult behaviors and perspectives....1422falsefullhttps://www.spreaker.com/episode/e132-how-to-evaluate-socially-responsible-investments--48441178https://api.spreaker.com/episode/48441178Wed, 26 Jan 2022 10:00:03 +0000Michael Reynolds, CFP®It comes up a lot in discussions about investing: "how do I choose socially-responsible investments"? Many are confused and frustrated by the "greenwashing" that occurs in the industry and feel stuck when it comes to choosing investments. We'll unpack...1897falsefullhttps://www.spreaker.com/episode/e131-should-i-buy-the-dip--48350917https://api.spreaker.com/episode/48350917Wed, 19 Jan 2022 10:00:03 +0000Michael Reynolds, CFP®No, we're not talking about your favorite salsa or party dip. We're talking about investing in "dips" in the market, or "buying low". Is this a good strategy? Let's find out.491falsefullhttps://www.spreaker.com/episode/e130-budget-alternatives-for-people-who-don-t-want-to-budget--48254359https://api.spreaker.com/episode/48254359Wed, 12 Jan 2022 10:00:03 +0000Michael Reynolds, CFP®Let's face it, strict zero-based budgeting is not for everyone. No matter how beautiful and seductive your friends make YNAB (or Mint, or spreadsheets, or whatever) sound, you're just not going to do it. So what's the alternative? Are you doomed to a...953falsefullhttps://www.spreaker.com/episode/e129-my-three-words-for-2022--48166711https://api.spreaker.com/episode/48166711Wed, 05 Jan 2022 10:00:03 +0000Michael Reynolds, CFP®Every year, I do Chris Brogan's "Three Words" exercise to start the new year with purpose. I've done it for many years now and I am 100% in love with it. I'll share how I did last year and what my words are going to be this year. And I'll share how...756falsefullhttps://www.spreaker.com/episode/e128-what-it-s-like-to-work-with-me--47921300https://api.spreaker.com/episode/47921300Wed, 15 Dec 2021 10:00:03 +0000Michael Reynolds, CFP®I'm indulging myself a bit for the last episode of the year. I'm going to give you a detailed description of what it looks like to work with me as a client.1328falsefullhttps://www.spreaker.com/episode/e127-getting-in-shape-to-be-a-solid-home-buyer--47824154https://api.spreaker.com/episode/47824154Wed, 08 Dec 2021 10:00:02 +0000Michael Reynolds, CFP®Buying a home can be an exciting life transition. But before getting starry-eyed and falling in love with your dream house, it's a good idea to get your financial ducks in a row so you're ready to sign on the dotted line. Dynamic Senior Loan Officer,...2000falsefullhttps://www.spreaker.com/episode/e126-what-i-look-for-when-evaluating-mutual-funds-and-etfs--47724367https://api.spreaker.com/episode/47724367Wed, 01 Dec 2021 10:00:02 +0000Michael Reynolds, CFP®When I'm choosing mutual funds and ETFs for investments, there are some specific things I look at when screening. I'll share those elements and how I use them to choose funds.766falsefullhttps://www.spreaker.com/episode/e125-the-basic-estate-planning-documents-that-everyone-needs--47624475https://api.spreaker.com/episode/47624475Wed, 24 Nov 2021 10:00:19 +0000Michael Reynolds, CFP®The concept of "estate planning" or even a Last Will & Testament can often seem like an abstract and far-off thing to many of us. But there is a basic set of estate planning documents that are important for all of us to have. Jeff Heinzmann from...2232falsefullhttps://www.spreaker.com/episode/e124-unpacking-the-hsa-and-how-it-works--47506504https://api.spreaker.com/episode/47506504Wed, 17 Nov 2021 10:00:18 +0000Michael Reynolds, CFP®The HSA (Health Savings Account) is a feature of certain health insurance plans and they can make sense for many folks who are choosing plans during open enrollment. We will unpack how an HSA works, discuss the "triple tax benefit" features, and get...963falsefullhttps://www.spreaker.com/episode/e123-an-executive-summary-of-esg-investing--47277537https://api.spreaker.com/episode/47277537Wed, 03 Nov 2021 09:00:15 +0000Michael Reynolds, CFP®Environmental, Social, and Governance (ESG) concerns are important to many investors who want to align their money with a positive impact in the world. We'll cover the basics of ESG investing for those who are less familiar with the topic.1341falsefullhttps://www.spreaker.com/episode/e122-modern-health-insurance-options-for-small-business-owners--47168453https://api.spreaker.com/episode/47168453Wed, 27 Oct 2021 09:00:09 +0000Michael Reynolds, CFP®Navigating health insurance can be a challenge. Even more so if you're a business owner. Our guest, Matthew Allen has built a business on helping solo and small business owners find opportunities they didn't know existed and design efficient and...3364falsefullhttps://www.spreaker.com/episode/e121-the-easiest-financial-plan-in-the-world--47049022https://api.spreaker.com/episode/47049022Wed, 20 Oct 2021 09:00:17 +0000Michael Reynolds, CFP®Financial planning doesn't have to be complicated. Even so, it can feel overwhelming at times. Here is the easiest financial plan in the world to implement even if you never work with a financial advisor.700falsefullhttps://www.spreaker.com/episode/e120-five-reasons-to-choose-a-solo-401-k-instead-of-a-sep--46942411https://api.spreaker.com/episode/46942411Wed, 13 Oct 2021 09:00:09 +0000Michael Reynolds, CFP®The SEP is a pretty popular retirement plan among solo business owners and they are often recommended by accountants. But what if I told you there were reasons to choose a Solo 401(k)?913falsefullhttps://www.spreaker.com/episode/e119-how-to-pay-yourself-as-a-business-owner--46834324https://api.spreaker.com/episode/46834324Wed, 06 Oct 2021 09:00:04 +0000Michael Reynolds, CFP®As a solo or small business owner, you're in business to make money. But how are you paying yourself? We'll talk through the logistics and concepts around properly paying yourself in your business.1360falsefullhttps://www.spreaker.com/episode/e118-should-i-try-to-beat-the-s-p-500--46621548https://api.spreaker.com/episode/46621548Wed, 22 Sep 2021 09:00:02 +0000Michael Reynolds, CFP®It's easy to have S&P envy when the market is doing well. And we often get stuck on trying to beat the market as our primary goal, making a diversified portfolio seem "boring" in comparison. But that doesn't tell the whole story.950falsefullhttps://www.spreaker.com/episode/e117-how-to-manage-multiple-jobs-or-businesses-at-the-same-time--46519014https://api.spreaker.com/episode/46519014Wed, 15 Sep 2021 09:00:16 +0000Michael Reynolds, CFP®It's not uncommon to have more than one source of income. Some people have more than one job while others have a "day job" and a side hustle they are starting. Others are "parallel entrepreneurs" with more than one business. We'll discuss techniques...1370falsefullhttps://www.spreaker.com/episode/e116-how-long-term-care-can-wreck-your-financial-plan--46316580https://api.spreaker.com/episode/46316580Wed, 01 Sep 2021 09:00:17 +0000Michael Reynolds, CFP®We all like to believe that we'll live forever and remain in good health along the way. But the reality is, we sometimes need a little help later in life. And this can come with a cost. We'll talk through some long-term care scenarios and why it's...836falsefullhttps://www.spreaker.com/episode/e115-why-i-don-t-own-a-credit-card--46130695https://api.spreaker.com/episode/46130695Wed, 18 Aug 2021 09:00:13 +0000Michael Reynolds, CFP®I've decided to opt out of credit cards. And I have my reasons. I'm not saying anyone is "wrong" for using credit cards or that credit cards will ruin your life (although they sometimes do ruin lives) but I am suggesting that it may be worth...1131falsefullhttps://www.spreaker.com/episode/e114-through-the-eyes-of-a-child-how-to-bring-creative-thinking-back-into-your-business-and-your-life-with-lorraine-ball--46041755
Over time, we learn that many people do not want to hear our creative ideas and begin to fear that inner child. We muzzle and mute the part of us which is always ready to jump out and share our excitement and ideas with the world. But it is this inner child who is often at the center of truly great new ideas. So sometimes you have to let it out

In this conversation with Lorraine Ball from Digital toolbox, we will touch on how your creativity is stifled, and ways to re-energize your inner child!]]>https://api.spreaker.com/episode/46041755Wed, 11 Aug 2021 09:00:14 +0000Michael Reynolds, CFP®Creativity is a natural ability, but unfortunately, it is often beaten out of us by our life experiences. Over time, we learn that many people do not want to hear our creative ideas and begin to fear that inner child. We muzzle and mute the part of...
Over time, we learn that many people do not want to hear our creative ideas and begin to fear that inner child. We muzzle and mute the part of us which is always ready to jump out and share our excitement and ideas with the world. But it is this inner child who is often at the center of truly great new ideas. So sometimes you have to let it out

In this conversation with Lorraine Ball from Digital toolbox, we will touch on how your creativity is stifled, and ways to re-energize your inner child!]]>2545falsefullhttps://www.spreaker.com/episode/e113-busting-the-most-common-myths-about-esg-investing--45953869https://api.spreaker.com/episode/45953869Wed, 04 Aug 2021 09:00:08 +0000Michael Reynolds, CFP®ESG investing is the practice of incorporating environmental, social, and governance factors into investing as a way of making a positive impact in the world. But ESG can sometimes be misunderstood. Let's debunk some of the most common myths.1068falsefullhttps://www.spreaker.com/episode/e112-don-t-let-your-401-k-become-escheated--45861377https://api.spreaker.com/episode/45861377Wed, 28 Jul 2021 09:00:13 +0000Michael Reynolds, CFP®It's easy to let old 401(k) accounts sit dormant when you leave a job. So what happens if you forget about it for a while? It may be in danger of escheatment. We'll talk about what that means and how to avoid it.498falsefullhttps://www.spreaker.com/episode/e111-a-guide-to-quarterly-estimated-taxes-with-kim-padgitt--45775497https://api.spreaker.com/episode/45775497Wed, 21 Jul 2021 09:00:07 +0000Michael Reynolds, CFP®As business owners or 1099 contractors, it's likely that we need to pay quarterly estimated taxes. But how do they work? How much do we need to pay? We'll discuss the mechanics of quarterly estimated taxes today with Kim Padgitt from The Tax Advantage...1740falsefullhttps://www.spreaker.com/episode/e110-how-to-build-a-socially-conscious-business--45683505https://api.spreaker.com/episode/45683505Wed, 14 Jul 2021 09:00:19 +0000Michael Reynolds, CFP®For many business owners, it's not enough to just make money. We also want to have a positive impact in the world and in our communities. We'll talk through some ways businesses can align business with values.1613falsefullhttps://www.spreaker.com/episode/e109-what-documents-do-i-need-to-keep-on-file--45600637https://api.spreaker.com/episode/45600637Wed, 07 Jul 2021 09:00:08 +0000Michael Reynolds, CFP®We encounter a lot of financial documents throughout our lives. Which ones do we need to keep on file and for how long? This episode includes a downloadable checklist.1028falsefullhttps://www.spreaker.com/episode/e108-what-issues-should-i-consider-when-starting-a-new-job--45496800https://api.spreaker.com/episode/45496800Wed, 30 Jun 2021 09:00:17 +0000Michael Reynolds, CFP®806falsefullhttps://www.spreaker.com/episode/e107-should-i-invest-in-digital-assets-cryptocurrency-like-bitcoin--45400475https://api.spreaker.com/episode/45400475Wed, 23 Jun 2021 09:00:05 +0000Michael Reynolds, CFP®Are you thinking of investing in Bitcoin or other digital assets? Are you experiencing FOMO but not sure if it's wise to invest and if so, how much? And what about the environment? Isn't Bitcoin an energy hog? We'll discuss all this and more.1707falsefullhttps://www.spreaker.com/episode/e106-what-to-do-if-you-don-t-have-a-401-k--45313525https://api.spreaker.com/episode/45313525Wed, 16 Jun 2021 09:00:02 +0000Michael Reynolds, CFP®Many people save for financial independence using an employer-provided 401(k) plan. It's the most well-known retirement plan today. But what if you don't have access to one? What are your options?1193falsefullhttps://www.spreaker.com/episode/e105-do-i-need-an-ein-as-a-business-owner--45218176https://api.spreaker.com/episode/45218176Wed, 09 Jun 2021 09:00:10 +0000Michael Reynolds, CFP®If you're starting or running a business, you may have heard of an EIN (Employer Identification Number). Do you need one? What's it for?774falsefullhttps://www.spreaker.com/episode/e104-budgeting-with-an-irregular-income--45031132https://api.spreaker.com/episode/45031132Wed, 26 May 2021 09:00:03 +0000Michael Reynolds, CFP®Budgeting with an irregular income can be a challenge. But it's not impossible. We'll cover some approaches and tips for making your budget work even with unpredictable cash flow.1582falsefullhttps://www.spreaker.com/episode/e103-how-to-build-a-business-you-can-sell--44896498https://api.spreaker.com/episode/44896498Wed, 19 May 2021 09:00:08 +0000Michael Reynolds, CFP®Are you an entrepreneur or someone with entrepreneurial aspirations? Whether or not you want to have an exit plan, it's important to be intentional about it. And if you do want to sell someday, what does the path look like?1547falsefullhttps://www.spreaker.com/episode/e102-lump-sum-investing-vs-dollar-cost-averaging-vs-recurring-contributions--44757012https://api.spreaker.com/episode/44757012Wed, 12 May 2021 09:00:17 +0000Michael Reynolds, CFP®Should you invest in bigger lump sums or is it better to invest on a steady recurring schedule? Let's discuss.982falsefullhttps://www.spreaker.com/episode/e101-independent-contractor-or-employee--44629362https://api.spreaker.com/episode/44629362Wed, 05 May 2021 09:00:06 +0000Michael Reynolds, CFP®Whether you are a business owner hiring people or you are working for someone else. knowing the rules of how people should be classified is really important. We'll unpack the differences in this episode.854falsefullhttps://www.spreaker.com/episode/e100-7-lies-we-tell-ourselves-about-money-with-dan-vandusen--44410225https://api.spreaker.com/episode/44410225Wed, 21 Apr 2021 09:00:03 +0000Michael Reynolds, CFP®Relating with money can sometimes be complicated and we often lie to ourselves about it. We're joined by fellow financial advisor, Dan VanDusen to discuss 7 of the most common money lies we see.1608falsefullhttps://www.spreaker.com/episode/e99-should-i-get-my-life-or-disability-insurance-from-my-employer--44320769https://api.spreaker.com/episode/44320769Wed, 14 Apr 2021 09:00:21 +0000Michael Reynolds, CFP®It's often easy to default to accepting the life or disability insurance from an employer and feel like you've "checked the box". But is this wise?986falsefullhttps://www.spreaker.com/episode/e98-what-is-a-custodian--44224114https://api.spreaker.com/episode/44224114Wed, 07 Apr 2021 09:00:19 +0000Michael Reynolds, CFP®When you set up an investment account, you typically store your money at a "custodian". But what is that and why does it matter?762falsefullhttps://www.spreaker.com/episode/e97-what-does-a-financial-advisor-actually-do--44019787https://api.spreaker.com/episode/44019787Wed, 24 Mar 2021 09:00:13 +0000Michael Reynolds, CFP®The world of finance can seem like a mysterious black box at times. Do you often wonder what your financial advisor is actually doing? Let's find out!1400falsefullhttps://www.spreaker.com/episode/e96-financial-benefits-of-hiring-your-child--43920878https://api.spreaker.com/episode/43920878Wed, 17 Mar 2021 10:00:18 +0000Michael Reynolds, CFP®Are there financial benefits to hiring your child? Learn how to do it properly and how it can help you transfer money efficiently to your child.710falsefullhttps://www.spreaker.com/episode/e95-how-to-create-a-one-page-financial-plan--43813784https://api.spreaker.com/episode/43813784Wed, 10 Mar 2021 10:00:13 +0000Michael Reynolds, CFP®Financial planning doesn't (always) have to be complicated. And it's not always 100% about the math. Learn how to create a simple, impactful financial plan that you will actually read and maintain using only a Google Doc or Word Doc.1228falsefullhttps://www.spreaker.com/episode/e94-why-your-financial-plan-is-wrong-and-so-is-everyone-else-s--43707226https://api.spreaker.com/episode/43707226Wed, 03 Mar 2021 10:00:19 +0000Michael Reynolds, CFP®We envision a financial plan to be this magical roadmap that tells us we're on track and that we'll have enough money. But is that how it works in reality?1075falsefullhttps://www.spreaker.com/episode/e93-should-i-invest-in-target-date-funds--43604380https://api.spreaker.com/episode/43604380Wed, 24 Feb 2021 10:00:18 +0000Michael Reynolds, CFP®Target date funds often show up in 401(k) plans and 529 plans as the "default" option. But what is a target date fund and should you use one?900falsefullhttps://www.spreaker.com/episode/e92-ppp-round-2-explained-for-small-business-owners--43370862https://api.spreaker.com/episode/43370862Wed, 10 Feb 2021 10:00:06 +0000Michael Reynolds, CFP®PPP2 is available to small business owners. Should you apply? How is this round different? Is it possible to get it twice? What if you're a 1099? We cover these questions and more.1225falsefullhttps://www.spreaker.com/episode/e91-should-i-play-around-in-the-stock-market--43251534https://api.spreaker.com/episode/43251534Wed, 03 Feb 2021 10:00:08 +0000Michael Reynolds, CFP®Whenever something newsworthy happens related to the stock market, interest increases and FOMO sometimes takes hold. Should you be trading stocks? What are the risks and benefits?1376falsefullhttps://www.spreaker.com/episode/e90-how-to-break-up-with-your-financial-advisor--43130935https://api.spreaker.com/episode/43130935Wed, 27 Jan 2021 10:00:15 +0000Michael Reynolds, CFP®Sometimes things just don't work out. And it's ok. Let's talk about how to break up with your financial advisor gracefully and smoothly.1416falsefullhttps://www.spreaker.com/episode/e89-expanding-your-business-with-referral-marketing-with-tiffanie-kellog--43013970https://api.spreaker.com/episode/43013970Wed, 20 Jan 2021 10:00:20 +0000Michael Reynolds, CFP®For entrepreneurs looking for ways to grow and make more money, the array of marketing options can seem overwhelming. But one approach is consistently reliable: referral marketing. Networking and referral marketing expert, Tiffanie Kellog joins us to...2073falsefullhttps://www.spreaker.com/episode/e88-what-is-a-backdoor-roth-ira--42904088https://api.spreaker.com/episode/42904088Wed, 13 Jan 2021 10:00:17 +0000Michael Reynolds, CFP®The Roth IRA is a core retirement account that is a core component of many financial plans. But there are certain restrictions that can prevent people from using it. We'll talk about a workaround today called the "Backdoor" Roth IRA.870falsefullhttps://www.spreaker.com/episode/e87-my-three-words-for-2021--42802384https://api.spreaker.com/episode/42802384Wed, 06 Jan 2021 10:00:15 +0000Michael Reynolds, CFP®Every year, I do Chris Brogan's "Three Words" exercise to start the new year with purpose. I've done it for many years now and I am 100% in love with it. I'll share how I did last year and what my words are going to be this year. And I'll share how...865falsefullhttps://www.spreaker.com/episode/e86-what-it-s-like-to-work-with-me--42709334https://api.spreaker.com/episode/42709334Wed, 30 Dec 2020 10:00:14 +0000Michael Reynolds, CFP®I'm indulging myself a bit for the last episode of the year. I'm going to give you a detailed description of what it looks like to work with me as a client.1491falsefullhttps://www.spreaker.com/episode/e85-implementing-values-based-budgeting-with-bari-tessler--42243184https://api.spreaker.com/episode/42243184Wed, 23 Dec 2020 10:00:15 +0000Michael Reynolds, CFP®So you've tried budgeting and you still struggle with it. You're not alone. That's why this episode features a conversation with Bari Tessler: Financial Therapist, Mentor Coach, Mama-preneur, and the Founder of The Art of Money. Bari shares her...2567falsefullhttps://www.spreaker.com/episode/e84-the-solo-401-k-plan-a-powerful-tool-for-entrepreneurs--42505139https://api.spreaker.com/episode/42505139Wed, 16 Dec 2020 10:00:11 +0000Michael Reynolds, CFP®Solo business owners or "solopreneurs" may feel like their retirement plan options are limited. But there is a great tool available: the Solo 401(k) plan. We discuss the details of this plan to help you decide if it's right for you.1061falsefullhttps://www.spreaker.com/episode/e83-end-of-year-tax-planning-with-kim-padgitt--42384272https://api.spreaker.com/episode/42384272Wed, 09 Dec 2020 10:00:03 +0000Michael Reynolds, CFP®The end of the year means taxes are on our minds. What can we do to be as tax-efficient as possible before the end of the year? Kim Padgitt from The Tax Advantage LLC has some insights for us.1979falsefullhttps://www.spreaker.com/episode/e82-answers-to-all-your-mortgage-questions-with-brittany-green--42264701https://api.spreaker.com/episode/42264701Wed, 02 Dec 2020 10:00:02 +0000Michael Reynolds, CFP®You've got home mortgage questions? We've got answers. We chat with Brittany Green from Tucker Mortgage to cover all those questions that you've been wondering about when it comes to getting a mortgage.1492falsefullhttps://www.spreaker.com/episode/e81-how-to-move-past-the-money-issues-you-ve-been-avoiding--42146371https://api.spreaker.com/episode/42146371Wed, 25 Nov 2020 06:30:16 +0000Michael Reynolds, CFP®We can all struggle with avoidance of money issues at certain points in our lives. Let's talk about how to move past them.1885falsefullhttps://www.spreaker.com/episode/e80-should-i-start-a-business-with-a-partner--42024205https://api.spreaker.com/episode/42024205Wed, 18 Nov 2020 10:00:07 +0000Michael Reynolds, CFP®Starting a business can be an exciting adventure and it can be even more exciting to start it with a partner. Is this always a good idea? What should you think through before launching a partnership?1130falsefullhttps://www.spreaker.com/episode/e79-a-ppp-loan-forgiveness-update--41906471https://api.spreaker.com/episode/41906471Wed, 11 Nov 2020 10:00:05 +0000Michael Reynolds, CFP®Many small businesses received a PPP Loan earlier this year. Now there are questions about forgiveness. We'll do a short update on the state of PPP Loan forgiveness.700falsefullhttps://www.spreaker.com/episode/e78-what-do-presidential-elections-mean-for-markets--41778948https://api.spreaker.com/episode/41778948Wed, 04 Nov 2020 10:00:07 +0000Michael Reynolds, CFP®Elections lead to heightened stress and emotions for many which can raise concerns about money. What does the data show about investing during a presidential election?534falsefullhttps://www.spreaker.com/episode/e77-reviewing-your-credit-report--41665971https://api.spreaker.com/episode/41665971Wed, 28 Oct 2020 09:00:08 +0000Michael Reynolds, CFP®It's a good idea to review your credit report once a year. We'll discuss how to do that and what to look for.850falsefullhttps://www.spreaker.com/episode/e76-identity-theft-protection-101--41442230https://api.spreaker.com/episode/41442230Wed, 14 Oct 2020 09:00:08 +0000Michael Reynolds, CFP®Is ID theft protection worth it? How do these services work? We'll talk about the ins and outs of protecting yourself and whether to consider an ID theft protection service.792falsefullhttps://www.spreaker.com/episode/e75-secure-your-life-with-a-personal-cybersecurity-audit--41329933https://api.spreaker.com/episode/41329933Wed, 07 Oct 2020 09:00:17 +0000Michael Reynolds, CFP®We live in a world driven by technology. This can make life easier but it can also open us up to vulnerabilities and hacks. It's a good idea to audit your personal cybersecurity practices on a regular basis to keep your money and life safe. In this...1569falsefullhttps://www.spreaker.com/episode/e74-how-to-use-a-taxable-brokerage-account-in-your-financial-plan--41210175https://api.spreaker.com/episode/41210175Wed, 30 Sep 2020 09:00:03 +0000Michael Reynolds, CFP®When we think of investment and saving for retirement (or financial independence), we often think of things like 401(k) and Roth IRA accounts. But there's another type of account that is pretty common and very flexible that a lot of people don't take...917falsefullhttps://www.spreaker.com/episode/e73-you-re-making-other-people-rich-with-ryan-sterling--41068518https://api.spreaker.com/episode/41068518Wed, 23 Sep 2020 09:00:06 +0000Michael Reynolds, CFP®So many of us struggle with money and even more struggle to truly understand and define what wealth really means to them. And that's why Ryan Sterling wrote a book about it. Ryan is a friend of the show and a dynamic speaker, author, and financial...2260falsefullhttps://www.spreaker.com/episode/e72-is-pet-insurance-worth-it--40917342https://api.spreaker.com/episode/40917342Wed, 16 Sep 2020 09:00:09 +0000Michael Reynolds, CFP®Pets are a part of the family, and they deserve quality medical care. But healthcare for pets can get expensive. Is it worth it to consider pet insurance?922falsefullhttps://www.spreaker.com/episode/e71-what-i-look-for-in-a-bank--40778386https://api.spreaker.com/episode/40778386Wed, 09 Sep 2020 09:00:06 +0000Michael Reynolds, CFP®Does it really make a difference what bank you use? Let's discuss.1303falsefullhttps://www.spreaker.com/episode/e70-emergency-fund-life-hacks--40637436https://api.spreaker.com/episode/40637436Wed, 02 Sep 2020 09:00:02 +0000Michael Reynolds, CFP®Building an emergency fund is one of the most important steps of a financial plan. But it's hard! What are some tips and tricks to getting it done?1411falsefullhttps://www.spreaker.com/episode/e69-navigating-available-health-insurance-options-with-matthew-allen--40489579https://api.spreaker.com/episode/40489579Wed, 26 Aug 2020 09:00:11 +0000Michael Reynolds, CFP®Health insurance is really important. But it can also be really confusing. We are joined by health insurance expert, Matthew Allen who walks us through all the options available to us and how to evaluate each one to find the best fit for you.2795falsefullhttps://www.spreaker.com/episode/e68-business-benefits-of-a-small-business-401-k-plan-with-nicolle-willson--40388064https://api.spreaker.com/episode/40388064Wed, 19 Aug 2020 09:00:20 +0000Michael Reynolds, CFP®Big companies usually offer 401(k) plans as a standard practice. But many small businesses do not because they aren't clear on the benefits or why it matters. We are joined by Nicolle Willson, JD, CFP, C(k)P, and head of the Retirement Consulting...2059falsefullhttps://www.spreaker.com/episode/e67-answers-to-the-10-most-common-auto-home-insurance-questions-with-ashe-abebe--40251548https://api.spreaker.com/episode/40251548Wed, 12 Aug 2020 09:00:13 +0000Michael Reynolds, CFP®You have auto & home insurance questions? We've got answers. We're joined by Ashe Abebe, friend of the show and independent insurance agent to talk through top 10 questions about auto & home insurance.1570falsefullhttps://www.spreaker.com/episode/e66-three-mistakes-you-re-probably-making-with-life-insurance-with-mark-maurer--40142640
Life insurance is important for many people but it's easy to overlook a few common details that can lead to problems later on. We are joined today by Mark Maurer, CEO of LLIS which has been providing high touch, high tech insurance services since 1992.

Find us at https://www.elevationfinancial.com]]>https://api.spreaker.com/episode/40142640Wed, 05 Aug 2020 09:00:09 +0000Michael Reynolds, CFP®Life insurance is important for many people but it's easy to overlook a few common details that can lead to problems later on. We are joined today by Mark Maurer, CEO of LLIS which has been providing high touch, high tech insurance services since...
Life insurance is important for many people but it's easy to overlook a few common details that can lead to problems later on. We are joined today by Mark Maurer, CEO of LLIS which has been providing high touch, high tech insurance services since 1992.

Find us at https://www.elevationfinancial.com]]>2172falsefullhttps://www.spreaker.com/episode/e65-why-is-my-friend-s-investment-account-doing-better-than-mine--40021116https://api.spreaker.com/episode/40021116Wed, 29 Jul 2020 09:00:11 +0000Michael Reynolds, CFP®Has your friend been bragging about how well their investment account is doing while you aren't seeing the same results?750falsefullhttps://www.spreaker.com/episode/e64-the-future-of-financial-advice-with-tyrone-ross--39866320https://api.spreaker.com/episode/39866320Wed, 22 Jul 2020 09:00:21 +0000Michael Reynolds, CFP®Tyrone Ross, Director of Community at Altruist, joins the podcast for an incredible conversation about the changing landscape of the financial industry, how technology is making it easier to get financial advice, what's broken about the industry, and...2577falsefullhttps://www.spreaker.com/episode/e63-do-lazy-portfolios-have-a-place-in-your-investment-plan-a-mastermind-discussion--37719664https://api.spreaker.com/episode/37719664Wed, 15 Jul 2020 09:00:13 +0000Michael Reynolds, CFP®There are a number of popular "lazy" portfolios published, such as the All Weather Portfolio or the Permanent Portfolio. Why do these exist and what's the benefit? Michael is joined by his XYPN Mastermind Group to discuss this.1685falsefullhttps://www.spreaker.com/episode/e62-rebalancing-your-401-k-and-investment-accounts-mid-year-overview--37330920https://api.spreaker.com/episode/37330920Wed, 08 Jul 2020 09:00:03 +0000Michael Reynolds, CFP®July is a good time to consider rebalancing your 401(k) and investment accounts. We'll discuss the ins and outs on today's episode.737falsefullhttps://www.spreaker.com/episode/e61-emergency-fund-101--34903716https://api.spreaker.com/episode/34903716Wed, 01 Jul 2020 09:00:06 +0000Michael Reynolds, CFP®How healthy is your emergency fund? How big should it be? Where should you put it? We talk through these questions and more.1067falsefullhttps://www.spreaker.com/episode/e60-how-to-overcome-your-limiting-beliefs-about-money-with-gull-khan--32906013https://api.spreaker.com/episode/32906013Wed, 24 Jun 2020 17:01:05 +0000Michael Reynolds, CFP®Do you feel limited by your beliefs about money? Do you feel there is something holding you back from earning the income you deserve? We talk with money mindset expert, Gull Khan about how how to overcome your limiting beliefs about money.2937falsefullhttps://www.spreaker.com/episode/e59-how-to-launch-an-online-course-or-product--31210820https://api.spreaker.com/episode/31210820Wed, 17 Jun 2020 16:40:12 +0000Michael Reynolds, CFP®Thinking of launching an online course or product? Following a process can make the journey a bit easier.949falsefullhttps://www.spreaker.com/episode/e58-empower-your-community-with-ynab-for-good--30183297https://api.spreaker.com/episode/30183297Wed, 10 Jun 2020 19:32:13 +0000Michael Reynolds, CFP®A call to action to help me spread the word about YNAB for Good.197falsefullhttps://www.spreaker.com/episode/e57-a-deep-dive-into-disability-insurance-with-ashe-abebe--23760223https://api.spreaker.com/episode/23760223Wed, 03 Jun 2020 09:00:04 +0000Michael Reynolds, CFP®Did you know that statistically, 1 in 4 people are likely to become disabled for more than 12 months at some point in their lives? Join us as we sit down with insurance expert, Ashe Abebe to discuss disability insurance and how it works.2584falsefullhttps://www.spreaker.com/episode/e56-my-top-three-ways-to-achieve-extreme-productivity--27776247https://api.spreaker.com/episode/27776247Wed, 27 May 2020 09:00:17 +0000Michael Reynolds, CFP®A lot of us struggle with productivity. Being able to get things done is a pretty clear competitive advantage when it comes to money. If you are productive, you are potentially more likely to increase your wealth because you can simply get more done...827falsefullhttps://www.spreaker.com/episode/e55-common-financial-questions-unpacked-a-mastermind-discussion--27269391https://api.spreaker.com/episode/27269391Wed, 20 May 2020 09:00:09 +0000Michael Reynolds, CFP®Michael's financial advisor mastermind group tackles your most common financial questions in a lively round table format. Everything from tackling debt to student loans to college funding to investing and more.3304falsefullhttps://www.spreaker.com/episode/e54-navigating-family-work-and-productivity-in-the-pandemic-with-matthew-brennan--27106013https://api.spreaker.com/episode/27106013Wed, 13 May 2020 09:00:17 +0000Michael Reynolds, CFP®Professional journalist and copywriter Matthew Brennan joins us today to have a conversation about balancing work, life, and productivity in the pandemic.2060falsefullhttps://www.spreaker.com/episode/e53-pandemic-your-money-roundup-for-may-6-2020--26772124https://api.spreaker.com/episode/26772124Wed, 06 May 2020 09:00:18 +0000Michael Reynolds, CFP®A timely roundup of money-related updates in the current pandemic.1039falsefullhttps://www.spreaker.com/episode/e52-three-financial-best-practices-for-solo-or-micro-business-owners--26306698https://api.spreaker.com/episode/26306698Wed, 29 Apr 2020 09:00:14 +0000Michael Reynolds, CFP®There are a few issues that trip up small business owners over and over. We will discuss these areas and how to avoid painful situations down the road.1001falsefullhttps://www.spreaker.com/episode/e51-tools-for-managing-financial-and-life-stress-with-kristin-oja-np--25530803https://api.spreaker.com/episode/25530803Wed, 22 Apr 2020 09:00:09 +0000Michael Reynolds, CFP®We're all dealing with increased stress right now, financially and with life in general. In this episode, we talk with Nurse Practitioner and wellness expert Kristin Oja, founder of Stat Wellness, to talk through some ways to manage stress.3372falsefullhttps://www.spreaker.com/episode/e50-stop-trying-to-time-the-market--25502135https://api.spreaker.com/episode/25502135Wed, 15 Apr 2020 09:00:18 +0000Michael Reynolds, CFP®You're probably seeing lots of ads and promotions on trading stocks and "getting into" investing right now. Don't give in to the hype.567falsefullhttps://www.spreaker.com/episode/e49-how-to-request-mortgage-forbearance-under-the-cares-act--24939915https://api.spreaker.com/episode/24939915Wed, 08 Apr 2020 09:00:03 +0000Michael Reynolds, CFP®The CARES Act allows the forbearance of mortgage payments due to financial hardship due to the COVID-19 emergency. Here's how to find out if you qualify and how to request it.417falsefullhttps://www.spreaker.com/episode/e48-unpacking-the-cares-act-and-what-it-means-for-you--24715493https://api.spreaker.com/episode/24715493Wed, 01 Apr 2020 16:38:45 +0000Michael Reynolds, CFP®The CARES Act was signed into law on March 27, 2020. There's a lot to unpack for both individuals and small businesses. We'll talk through the key provisions and what it means for you.2581falsefullhttps://www.spreaker.com/episode/e47-a-budgeting-crash-course-with-ynab--24262627https://api.spreaker.com/episode/24262627Wed, 25 Mar 2020 09:00:08 +0000Michael Reynolds, CFP®I was going to do a big series on budgeting but I haven't gotten around to it so we're going to do a crash course right now. Because we need it right now.2155falsefullhttps://www.spreaker.com/episode/e46-q-a-about-money-decisions-in-scary-market-conditions--23986893https://api.spreaker.com/episode/23986893Wed, 18 Mar 2020 09:00:03 +0000Michael Reynolds, CFP®Many people have questions about what to do during scary market conditions like we are experiencing now. We’ll discuss some real questions asked by listeners in today’s episode.1091falsefullhttps://www.spreaker.com/episode/e45-what-am-i-doing-with-my-money-right-now--23724950https://api.spreaker.com/episode/23724950Wed, 11 Mar 2020 09:00:05 +0000Michael Reynolds, CFP®Want to know what I'm doing with my money right now in the midst of COVID-19 and the stock market dips? Listen in to find out.537falsefullhttps://www.spreaker.com/episode/e44-introduction-to-the-f-i-r-e-movement-with-adam-morgan--23291406https://api.spreaker.com/episode/23291406Wed, 04 Mar 2020 10:00:17 +0000Michael Reynolds, CFP®Have you heard of the F.I.R.E. movement? What does it mean and how do you do it? We are joined by Adam Morgan, Senior Editor at The Simple Dollar to learn more about the story and approach behind F.I.R.E.2248falsefullhttps://www.spreaker.com/episode/e43-how-to-start-an-llc--23176659https://api.spreaker.com/episode/23176659Wed, 26 Feb 2020 10:00:13 +0000Michael Reynolds, CFP®Thinking of starting a side hustle or a new business? Not sure how to get your LLC up and running? We'll walk you through it.993falsefullhttps://www.spreaker.com/episode/e42-what-is-an-hsa-and-do-i-need-one--22885672https://api.spreaker.com/episode/22885672Wed, 19 Feb 2020 10:00:10 +0000Michael Reynolds, CFP®What is a Health Savings Account and how does it work? What are these tax benefits everyone keeps talking about? You're in luck. Today we unpack HSAs and how they work.863falsefullhttps://www.spreaker.com/episode/e41-three-great-reasons-to-set-up-automatic-contributions--22674294https://api.spreaker.com/episode/22674294Wed, 12 Feb 2020 10:00:05 +0000Michael Reynolds, CFP®We often have goals of making significant contributions to retirement but sometimes life gets in the way and we end up being inconsistent. Here are three great reasons to put your investing on auto-pilot.622falsefullhttps://www.spreaker.com/episode/e40-what-does-it-cost-to-work-with-a-financial-advisor--22380391https://api.spreaker.com/episode/22380391Wed, 05 Feb 2020 10:00:10 +0000Michael Reynolds, CFP®How do financial advisors get paid? Does it seem like a mystery to figure out how you will be charged? We explain all in this episode.1053falsefullhttps://www.spreaker.com/episode/e39-your-small-business-marketing-playbook-with-ashley-monk--21964594https://api.spreaker.com/episode/21964594Wed, 29 Jan 2020 10:00:09 +0000Michael Reynolds, CFP®This one is for side hustlers and entrepreneurs! Join us as we talk with small business marketing expert, Ashley Monk. She shares her "playbook" for making the most of your limited time and money while marketing your business. There are lots of gold...4135falsefullhttps://www.spreaker.com/episode/e38-tax-efficient-saving-strategies--21757021https://api.spreaker.com/episode/21757021Wed, 22 Jan 2020 10:00:10 +0000Michael Reynolds, CFP®It's tax time! Everyone loves to save on taxes so let's talk about ways to be as efficient as possible when saving and investing.1359falsefullhttps://www.spreaker.com/episode/e37-your-tax-questions-answered-with-kim-padgitt-julie-pesek--21676567https://api.spreaker.com/episode/21676567Wed, 15 Jan 2020 10:00:05 +0000Michael Reynolds, CFP®You've got tax questions? We've got answers. In this episode, we sit down with Kim Padgitt & Julie Pesek from The Tax Advantage LLC to answer tax questions sent in by our listeners. There's something for everyone in this discussion and you won't want...2191falsefullhttps://www.spreaker.com/episode/e36-using-science-to-make-better-money-decisions-with-tyler-ludlow--21119051https://api.spreaker.com/episode/21119051Wed, 08 Jan 2020 10:00:15 +0000Michael Reynolds, CFP®What is decision science and can it be used to make better decisions about life and money? We find out by sitting down with a real-life decision scientist who happens to be the "Robin Hood" of decision science.4719falsefullhttps://www.spreaker.com/episode/e35-my-3-words-for-2020--21119255https://api.spreaker.com/episode/21119255Wed, 01 Jan 2020 10:00:16 +0000Michael Reynolds, CFP®In lieu of New Year's resolutions, I like to define "3 words" for myself to focus on each year. I'll share how the exercise works and my 3 words for 2020.735falsefullhttps://www.spreaker.com/episode/e34-de-mystifying-401-k-rollovers--20826595https://api.spreaker.com/episode/20826595Wed, 18 Dec 2019 10:00:13 +0000Michael Reynolds, CFP®We've all heard about rolling over your 401(k) into an IRA but what does the process actually look like?949falsefullhttps://www.spreaker.com/episode/e33-the-value-of-recharging-without-guilt--20637965https://api.spreaker.com/episode/20637965Wed, 11 Dec 2019 10:00:18 +0000Michael Reynolds, CFP®It's easy to get caught up in the hustle and bustle of work and business. So much that we feel guilty about taking time off. But recharging is an important part of running a successful business.426falsefullhttps://www.spreaker.com/episode/e32-keeping-your-digital-and-financial-life-secure--20461629https://api.spreaker.com/episode/20461629Wed, 04 Dec 2019 10:00:03 +0000Michael Reynolds, CFP®Fraud, identity theft, and general digital mischief is increasing. We'll cover a few ways to stay protected and keep your money and your identity from being compromised.1049falsefullhttps://www.spreaker.com/episode/e31-7-common-retirement-saving-mistakes--20286905https://api.spreaker.com/episode/20286905Wed, 27 Nov 2019 10:00:03 +0000Michael Reynolds, CFP®Today we go through 7 of the most common retirement saving mistakes and what they mean.879falsefullhttps://www.spreaker.com/episode/e30-what-to-do-when-you-re-scared-about-the-stock-market--20125551https://api.spreaker.com/episode/20125551Wed, 20 Nov 2019 10:00:05 +0000Michael Reynolds, CFP®Watching the news can freak us out and make it seem like the stock market is a scary place to put our money. Let's add some calm and clarity to the conversation.552falsefullhttps://www.spreaker.com/episode/e29-life-without-credit-cards-with-amy-foley--19996604https://api.spreaker.com/episode/19996604Wed, 13 Nov 2019 10:00:13 +0000Michael Reynolds, CFP®Is it possible to live without credit cards? And why would you even want to do that? Amy Foley and I talk about this and more.2131falsefullhttps://www.spreaker.com/episode/e28-considering-entrepreneurship-as-a-franchise-owner-with-jeff-crane--19787469https://api.spreaker.com/episode/19787469Wed, 06 Nov 2019 10:00:16 +0000Michael Reynolds, CFP®What do you do when you're fed up with the corporate world and you want to make a change? Many people in this situation have a goal to start a business. But it can be scary to go it alone, which is why franchise ownership can be appealing to some. We...2227falsefullhttps://www.spreaker.com/episode/e27-how-to-get-excited-about-budgeting-with-rachel-richards--19690282https://api.spreaker.com/episode/19690282Wed, 30 Oct 2019 09:00:12 +0000Michael Reynolds, CFP®Would you rather clean your toilets than do a budget? Do spreadsheets and cash flow numbers make you cringe? As important as budgeting is, many of us have a lot of head trash about it. Join us as we talk with best-selling money author Rachel Richards...1900falsefullhttps://www.spreaker.com/episode/e26-a-crash-course-in-real-estate-investing-with-dan-o-brien--19616038https://api.spreaker.com/episode/19616038Wed, 23 Oct 2019 09:00:03 +0000Michael Reynolds, CFP®Investing in real estate can be a good investment for some. However, if you've never done it before it can be intimidating. How do you get started? What kind of returns can you expect? Do you have to be a skilled remodeler to be successful? We discuss...2603falsefullhttps://www.spreaker.com/episode/e25-thinking-through-the-options-of-self-employment-vs-taking-a-job--19518971https://api.spreaker.com/episode/19518971Wed, 16 Oct 2019 09:00:10 +0000Michael Reynolds, CFP®I worked with a client recently who was weighing the options between growing her business or taking a job. We talked through the emotional and financial aspects of this decision and I share the thought process with you on this episode.799falsefullhttps://www.spreaker.com/episode/e24-how-and-why-to-rebalance-your-401-k--19392247https://api.spreaker.com/episode/19392247Wed, 09 Oct 2019 09:00:09 +0000Michael Reynolds, CFP®When is the last time you rebalanced your 401(k)?561falsefullhttps://www.spreaker.com/episode/e23-13-myths-about-working-with-a-financial-advisor--19314341https://api.spreaker.com/episode/19314341Wed, 02 Oct 2019 09:00:06 +0000Michael Reynolds, CFP®Let's talk about the myths surrounding financial advisors and get the real story.1408falsefullhttps://www.spreaker.com/episode/e22-how-we-paid-off-over-400k-in-student-loan-debt--19200317https://api.spreaker.com/episode/19200317Wed, 25 Sep 2019 09:00:04 +0000Michael Reynolds, CFP®Facing a mountain of debt can be scary. There is a way through it.1603falsefullhttps://www.spreaker.com/episode/e21-do-that-new-thing-and-a-podcast-update--19130914https://api.spreaker.com/episode/19130914Wed, 18 Sep 2019 09:00:08 +0000Michael Reynolds, CFP®What is stopping you from taking action on that thing you've been stewing about? Also: an update to this podcast.459falsefullhttps://www.spreaker.com/episode/e20-your-money-questions-answered-at-xypnlive--19061787https://api.spreaker.com/episode/19061787Wed, 11 Sep 2019 10:00:16 +0000Michael Reynolds, CFP®We gathered a panel of smart people to answer your money questions at XYPN Live in St. Louis. We discuss student loans, stocks vs. mutual funds, starting a business, and more.2704xypnlivefalsefullhttps://www.spreaker.com/episode/e19-send-your-questions-for-xypn-live--18990281https://api.spreaker.com/episode/18990281Wed, 04 Sep 2019 09:00:04 +0000Michael Reynolds, CFP®Michael will be at XYPN Live next week and the Elevation Project podcast will be recorded on-site! We'll take your questions on money and entrepreneurship and answer them with Michael and a few other advisors as a panel discussion.211falsefullhttps://www.spreaker.com/episode/e18-what-is-financial-coaching--18932342https://api.spreaker.com/episode/18932342Wed, 28 Aug 2019 09:00:06 +0000Michael Reynolds, CFP®A financial plan is great. But what happens next? Without accountability and motivation, it can be difficult to stay focused on your goals. Financial coaching can help you implement your plan and move forward. And it can make a huge difference in how...1029falsefullhttps://www.spreaker.com/episode/e17-keeping-business-focus-by-staying-in-the-zone--18867844https://api.spreaker.com/episode/18867844Wed, 21 Aug 2019 09:00:03 +0000Michael Reynolds, CFP®We are most effective, productive and happy when we are "in the zone" in our businesses. So let's try to stay there as much as possible.638falsefullhttps://www.spreaker.com/episode/e16-divorced-and-500k-in-debt-a-comeback-story--18798501https://api.spreaker.com/episode/18798501Wed, 14 Aug 2019 09:00:00 +0000Michael Reynolds, CFP®In this episode we talk with Annie LaCroix, owner of Brainy Boss and a parallel entrepreneur. Annie shares her story of going through a divorce and facing an overwhelming amount of debt and how she fought through it and is now growing two successful...2769falsefullhttps://www.spreaker.com/episode/e15-12-modern-passive-income-ideas--18766194https://api.spreaker.com/episode/18766194Fri, 09 Aug 2019 09:00:04 +0000Michael Reynolds, CFP®Passive income is not necessarily the "retire on the beach and make money while you sleep" fantasy that many of us think of. However, with some ingenuity and perseverance, practical passive income can become reality. Here are some ideas.1359falsefullhttps://www.spreaker.com/episode/e14-tacos-netflix-binging-and-marketing-for-service-firms--18729142https://api.spreaker.com/episode/18729142Tue, 06 Aug 2019 09:00:16 +0000Michael Reynolds, CFP®Josh Brammer, StoryBrand Certified Guide at Lantern joins us today to discuss how to tell a more compelling story in your business. Also: tacos.2768falsefullhttps://www.spreaker.com/episode/e13-what-is-socially-responsible-investing--18525702https://api.spreaker.com/episode/18525702Wed, 31 Jul 2019 09:00:03 +0000Michael Reynolds, CFP®Are you interested in aligning your investing with social or environmental issues? This episode is real talk on Socially Responsible Investing (SRI).2276falsefullhttps://www.spreaker.com/episode/e12-growing-slow-without-debt-or-investors--18387207https://api.spreaker.com/episode/18387207Wed, 24 Jul 2019 09:00:23 +0000Michael Reynolds, CFP®There is often pressure on entrepreneurs to grow as fast as possible by relying on debt or investors. But is this really the best path for everyone? We discuss the benefits of slow, controlled business growth and how to manage it.2396falsefullhttps://www.spreaker.com/episode/e11-growing-a-side-hustle-into-a-full-time-business--18378016https://api.spreaker.com/episode/18378016Wed, 17 Jul 2019 09:00:04 +0000Michael Reynolds, CFP®Why and when is it time to grow a side hustle into a full-time business? We talk through some of the details here.2502falsefullhttps://www.spreaker.com/episode/e10-achieving-mental-and-emotional-resilience-as-a-business-owner--18363249https://api.spreaker.com/episode/18363249Wed, 10 Jul 2019 09:00:17 +0000Michael Reynolds, CFP®Entrepreneurship is grueling and emotionally taxing. In this episode we discuss ways to become more resilient in the face of adversity.3080falsefullhttps://www.spreaker.com/episode/e9-how-to-avoid-over-thinking-your-business--18363250https://api.spreaker.com/episode/18363250Wed, 03 Jul 2019 09:00:12 +0000Michael Reynolds, CFP®Over-thinking can stifle a business. Let's talk about how to overcome this.2066falsefullhttps://www.spreaker.com/episode/e8-launching-initiatives-with-a-one-page-creative-brief--18360593https://api.spreaker.com/episode/18360593Wed, 26 Jun 2019 09:00:13 +0000Michael Reynolds, CFP®1173falsefullhttps://www.spreaker.com/episode/e7-charging-what-you-re-worth--18313449https://api.spreaker.com/episode/18313449Wed, 19 Jun 2019 09:00:07 +0000Michael Reynolds, CFP®Do you struggle to charge appropriate fees for the value you bring to your customers? You're not alone. One of the biggest challenges we have as entrepreneurs is getting paid what we're worth. Co-host Daniel Herndon joins us again.2625falsefullhttps://www.spreaker.com/episode/e6-navigating-the-challenges-of-combining-or-not-combining-finances-with-your-partner--18171238https://api.spreaker.com/episode/18171238Wed, 12 Jun 2019 09:00:10 +0000Michael Reynolds, CFP®Combining finances can be a touchy subject for many. It's fraught will all sorts of emotional baggage and logistical concerns. So let's talk about it. Kristy Runzer from OnRoute Financial joins as co-host and we navigate the challenges and benefits of...2609falsefullhttps://www.spreaker.com/episode/e5-how-do-i-make-money-with-a-blog-or-a-podcast--18125031https://api.spreaker.com/episode/18125031Wed, 05 Jun 2019 09:00:16 +0000Michael Reynolds, CFP®Blogging and podcasting are two great ways to share your knowledge and build a following. But how do you actually make money from it?1259falsefullhttps://www.spreaker.com/episode/e4-all-about-the-solo-401-k-plan--18104269https://api.spreaker.com/episode/18104269Wed, 29 May 2019 09:00:17 +0000Michael Reynolds, CFP®We discuss the often under-utilized Solo 401(k), who it's for and how it works. Hint: you may be eligible.599falsefullhttps://www.spreaker.com/episode/e3-parallel-entrepreneurship-the-good-the-bad-and-the-ugly--17939096https://api.spreaker.com/episode/17939096Wed, 22 May 2019 09:00:10 +0000Michael Reynolds, CFP®A discussion on owning multiple businesses at the same time, known as "parallel entrepreneurship." Why do it? Pros and cons? How do you manage multiple ventures? Co-host: Daniel Herndon, owner of MilesHerndon and Gavel Curated Cafe.2340falsefullhttps://www.spreaker.com/episode/e2-optimizing-your-bank-accounts-with-intention--17929588https://api.spreaker.com/episode/17929588Wed, 15 May 2019 09:00:00 +0000Michael Reynolds, CFP®Personal finance is often more about behavior than math. Michael shares his "life hacks" for organizing bank accounts for maximum optimization.1304falsefullhttps://www.spreaker.com/episode/e1-the-10-step-process-for-starting-a-business-for-1-500--17828074https://api.spreaker.com/episode/17828074Wed, 08 May 2019 09:00:15 +0000Michael Reynolds, CFP®Interested in starting a side hustle or a new business and not sure where to start? We discuss the simple 10-step blueprint for getting up and running with minimal effort and cost. Co-host Bruce McClain from Two Roads Digital joins us and talks about...2475falsefullhttps://www.spreaker.com/episode/e0-introduction-to-the-elevation-project--17795332https://api.spreaker.com/episode/17795332Wed, 01 May 2019 09:00:00 +0000Michael Reynolds, CFP®The overview and introduction to The Elevation Project! Welcome... we're glad you're here.299falsefull