Overcoming Financial Stress With The Saver And The Spender

Over the last 4 episodes we interviewed young adults to get their perspective on their personal finances. In this episode we have a great chat with two members of the greatest generation, who both live in Adara Senior Lifestyle Retirement and Assisted Living Facility in Scottsdale, AZ.  They were both born when F. D. Roosevelt was president and lived very interesting lives.  Their insight into debt, credit cards, saving and how they lived their lives in general is so interesting! We apologize for some poor audio quality in the middle of the podcast.  Max liked to fiddle with the microphone while he held it.  The message is still amazing!  Enjoy   You can find out more about Fiscal Fitness Phoenix financial coaching here You can find out more about Financial Coach Academy here

In episode 16 we talked with Ally, a college senior who's financial stress level was a 9/10.  She was very reactionary with her money and only planned out her budget a week in advance.  She is going to graduate next year and was very worried about not having a budget or know what expenses she should expect when she is out on her own for the first time.   In this episode we talk to Ally after having her first financial coaching session and talk about what actions she plans on implementing, what she found out about her guilt over money and the best tips that she learned during the session that you can implement today!  We also find out her new financial stress number, but you'll have to listen to find out!   You can find out more about Fiscal Fitness Phoenix financial coaching here You can find out more about Financial Coach Academy here

Today in part 3 of our 4 part series on young adults and personal finance we talk with Alex McCall who just graduated from high school and will be a freshman at Arizona State University starting next month.  This kid is doing everything right!  He has recieved a few scholarships but didn't want to take out any student loans so he created a plan and figured out how much he needed to work this summer and next summer so he can pay for college for the next 2 years without having to work during the school year!  Amazing! We talk about how he planned, what are some of the lessons and activities that his parents used when he was younger to instill financial responsibliity and literacy and other great lessons and tips that he has found works for him.  This is a must listen to if you are a young adult getting ready to go to college or the parent of a young adult with college on their mind.     You can find out more about Fiscal Fitness Phoenix financial coaching here You can find out more about Financial Coach Aca

In today's episode we talk with Ally Baker who is going to be a senior in college.  She rates her financial stress level as 9/10!!  We discuss what she has learned about financial aid and student loans, getting a job while in college, how she is going to transition into being an adult with a job after graduating college (and how scary that is to her).  This is an amazing episode for parents and they young adult children to listen to together and talk about strategies.   Ally is having her first Financial Coaching session with Kelsa and Sheri tomorrow and she will be back next week on episode 18 to talk about how she feels about her finances, what her plan is, what she learned and what the most important tips for young adults she has after her coaching session!   You can find out more about Fiscal Fitness Phoenix financial coaching here You can find out more about Financial Coach Academy here

Young adults have a lot going for them but also a lot going against them.  They have technology, science and research at their finger tips but one thing we continuously see is that they aren't educated in real practical personal finance topics.  They don't teach personal finance and budgeting classes in school's any more.  Only 17 states require a personal finance class (and economics or civics that cover personal finance are acceptable). Also, parents are not well equiped to teach their children about personal finance because they haven't been taught it either.   In this 4 part series, we will be interviewing 3 different young adults to get their point of view on what they know about personal finance, what they wished they knew and what they want parents and their peers to know.  Alex isin high school, Dakota recently graduated from college and Allison is still in college.  We will be interviewing Allison twice.  Once before a financial coaching session and once after the financial coaching session so she c

Julie DeVito is a personal coach that specializes in working with professional women, leaders, mothers and others who set big goals for themselves and want to keep reaching new levels of success.  Her areas of expertise are performance psychology, leadership development, productivity improvement and stress management.  She is a certified professional coach, holds a Master's Degree from Pepperdine in clinical psychology and is currently in a Doctorate Program with an emphasis on brain research, motivation and goal directed behavior.   In today's episode we talk about: How to detox from digital distraction and social media time suck How money management and time management are related Time management hacks Her 7 step recipe for increasing productivity And much more! You can reach Julie at www.RealizationPartners.com and on Facebook @RealizationPartners   You can find out more about Fiscal Fitness Phoenix financial coaching here You can find out more about Financial Coach Academy here

Most people can agree that they can be more productive and organized in their life.  Demir at LifeHackBootcamp.com has found simple ways to hack your brain so that you are more productive, get more done in less time so you save money, get healthy and regain your life back so you have time to do what is important to you!  His LifeHack Bootcamp is an 8 week program that teaches you how to achieve more with less time and effort, get and stay motivated and have fun doing it! In this episode we chat about: being a productive parent and how to get your kids to be productive simple mind hacks to get you motivated to be more productive ways to systemitize your daily tasks and finances so there is no guessing how meal planning is one of the big foundations in saving money, saving time throughout the week and eating healthier how to get your significant other to get as motivated to change as you are And much more! Demir is offering our listeners a free one hour masterclass that encompasses the everyone's favor

Communication -the human connection- is the key to personal and career success. - Paul J. Meyer In today's episode we talk with The Dynamic Communicator, Jill Schiefelbein.  She is a communication expert and leads businesses and individuals towards better communication skills by involving 3 audiences: internal, consumers and general public.  She is the author of "Dynamic Communication" an Amazon best seller in two categories, has amazing instructional videos on Youtube and is a contributor to Entrepreneur magazine.   Today she shares her expertise when we talk about how small business owners can communicate with their ambassadors as well as their target market, how to be more assertive when asking for what you want, her personal (and financial) journey moving from Arizona to New York City to pursue her career and how to use communication to your advantage.  We also talk about her time analyzing terrorist communications that were intercepting in a raid and her thoughts on The Trump Administration's style of

In this episode we talk about budgeting when you are in the process of buying a house, saving for your kids' college, how not to pay off debt, and a concerning issue looming over the country (Dah Dah Daaahhhhh) and much more. You can find the link to the Money Personality quiz we talked about for the next episode here:  https://www.dropbox.com/s/wihm1u33cvgx8p6/BrentKesselQuizArchetypes.pdf?dl=0 You can buy Brent Kessel's book, "It's Not About the Money," in which this quiz is based on here: https://www.amazon.com/dp/B0013TPUVQ/ref=dp-kindle-redirect?_encoding=UTF8&btkr=1 Complete the printable PDF quiz and if you share finances with someone have them take it as well and talk about your similarities and differences.  We'll be talking about this next episode. We also mentioned the 5 love languages, which can be found here: http://www.5lovelanguages.com/ You can find out more about Fiscal Fitness Phoenix financial coaching here You can find out more about Financial Coach Academy here

Jen Casey and Angie Lee are the geniuses behind The Wellpreneur Business Academy, which is an exclusive 3 month program that teaches health coaches systems and strategies that will launch their brand and master live video, social media and branding. Today we are chatting with them about how they coach wellness professionals to succeed.  Not only is this great information if you are a personal training or fitness and wellness professional but if you are a small business owner or entrepreneur that wants to make an online presence.   Here are some of the ways to find more about Jen and Angie and the Wellpreneur Business Academy: www.wellpreneurbusinessacademy.com www.healthcoachesmakebank.com www.facebook.com/angieleehttps://www.facebook.com/angie.lee.39 www.facebook.com/heyjencasey Angie's podcast, "Hungry for More", can be found on Itunes here and on Stitcher here Jen's podcast, "Entrepreneur Now Podcast", can be found on Itunes here and on Stitcher here. You can find out more about Fiscal Fitness Pho

How many of you are planning your wedding right now?  What kind of budget are you using and how are you doing at sticking to it?  For those of you who have already gotten married how do you feel about your wedding budget?  Did you stick to it?  Was it easy to use and accessible?  Did you go over budget, under budget or come within your budget? We know that planning your wedding is super stressful so we want to at least make the budget somewhat less stressful.  In this episode we talk a lot about the proper ways to budget for your wedding and some things that we wish we would have done.  Hindsight is 20/20 right? First you need to ask yourself a few questions: What are your top 3 most important purchases for your wedding? These are non-negotiables and are top priority. What things do you NOT want to spend money on? What are not priorities and will not be pressured to add? What number would totally make you sick to your stomach if you ended up spending this on your budget? To whom can you delegate tasks t

It's January of 2017 and there are a lot of things on our minds.  New years resolutions abound and for a lot of people taking control of their personal finances are top priority.  One thing you can do is start to plan the next year's worth of gifts and holidays by creating a gift budget.  We just went through Christmas, Hannukah and Thanksgiving so the costs are pretty fresh in your head.  Because of this you can get a list of holiday expenses down on paper pretty easily. Here is a link to our free printable gift giving budget!  This will help you budget for gifts and holidays for the entire year and help you think about all the little things that you may not think of or forget about.  No more surprises or over spending on gifts you didn't think about until it was too late. Listen as we discuss how to budget for this year's holidays and talk about a bunch of other financial topics, tips and tricks!   This week's topics: Child care is really expensive!  How do you not spend an arm and a leg? How to budget

Do you find that it is difficult to find time to budget?  For most people budgeting isn't fun but necessary and if something isn't fun then why do it?  We want you to get out of that mindset.  Finding time to budget is just like finding time to work out.  You have to realize what your priorities, goals and values are and make time for them.  Budgeting doesn't have to be an everyday thing for the rest of your life.  If you are just starting out we do recommend that you spend about 5 minutes per day (first thing in the morning if you can) and once you get the hang of it make it every other day, then weekly if you can manage.   It is also hard to find time to have regular budgeting meetings with your significant other but this is a must.  There are some people that are numbers people (savers) and some people that are not (spenders).  The numbers person should realize that the spender only wants the facts when you have a meeting and doesn't care about the numbers.  This is 100% ok.  Make a bullet pointed list

We are finally back after a few crazy busy weeks.  This is a quick and dirty episode about the thing that you may be unknowingly saying to yourself about money.  Sometimes these are good things but more often than not you are sabotaging yourself by justifying or making yourself believe something that is setting your budget back.  Learn the major ones that we hear clients say and how to get yourself out of that mindset. You can find out more about Fiscal Fitness Phoenix financial coaching here You can find out more about Financial Coach Academy here

We have all had a vacation when you come back and you wish you had another vacation because you are so exhausted.  Or the kind where you are immediately stressed once you get back because now you have to figure out how you are going to pay for the supposed relaxing vacation you just took.     Vacations should be relaxing and enjoyable.  The best way to do that financially is to budget all year long for your vacations and travel and pay with cash.  After you get back, it is so rewarding and you feel so accomplished knowing that you don't have to worry about coming up with the money as fast as possible to pay off your credit cards.   Here is the step by step simple way to budget for all your vacation and travel.  (Side note: it doesn't have to be perfect)  Make a list of all the vacation and travel you are planning in the next 12 months.  List all associated costs (flight, accommodations, excursions, food/ drinks budget, etc) Total up your costs to one grand total and divide by 12.  This is how much you are

People need to know that it is ok to not be the financial savvy person of their relationship.  Most relationships have one person that does the bulk of the budgeting and planning and one person that doesn't.   There are two things that can't happen.  First, the person that does not handle the finances cannot be a completely silent partner.  They need to provide input on what they feel is important and needs to be put in the budget, what goals they feel are priority and be able to give their input on anything else financial.  The need to be supportive of the financial person and understand that they need feedback and understanding of the big picture and current financial status.  They also need to understand the financial person is carrying a lot on their backs and need to be appreciated.   Second, the person that is responsible for the brunt of the finances can't feel that their doing the majority of the budgeting is unfair.  They need to understand that the non-financial person probably gets bored the

Splurging.  We all do it.  But when is it ok to splurge and when is it not?  What constitutes a splurge?  How can you splurge without sabotaging your budget, finances and goals?  Should you feel guilty after a splurge?  We will dive into those questions and more in this week's "The Saver and The Spender".   First of all a splurge shouldn't make you feel icky after you do it.  A splurge is something that is infrequent, budgeted and adds value to your life.  Some people like to buy Starbucks every couple of weeks or go on a cruise once a year.   Buying Starbucks every day or buying a new Blueray every Tuesday is not a splurge because once you start buying something regularly it just becomes a recurring expense.  What are your splurges?  In today's podcast we will talk more in depth about splurging, how to do it correctly so you aren't sabotaging yourself and how to feel good about it.  Every financial decision you make should be budgeted.  Whether it is one single cup of coffee or a vacation to Hawaii.  

Thank you for listening.  First off, we apologize for the audio quality.  It will be corrected on episode 3.   Debt is a problem a lot of people deal with.  It is also a very relative thing.  Some people are ok with thousands of dollars in debt and some people can't stand to have $50 on a store credit card.  When it comes down to it, if you are trying to get out of debt you are doing it right.  There are many different strategies for getting out of debt and not every strategy works for everyone, unlike some financial gurus say.  You have to take into account the payment amounts, interest rates, your motivation and how much stress each individual stress causes you.   Not many people know that Kelsa and I were pretty far in debt when we moved to Arizona eight years ago.  We had some student loan debt, a car payment and some credit card debt.  We thought it was normal and were ok with it; until one day we weren't.  We decided that we were on very shaky ground if one of us lost a job/ income and the debt w

Thank you for listening.  First off, we apologize for the audio quality.  It will be corrected on episode 3.   In our relationship, I (Michael) am the spender and Kelsa is the saver.  I was never good with money, keeping my checkbook balanced or really saving.  Kelsa has a finance degree, MBA and has 13 years of financial experience including Financial Advisor, corporate accountant and her current business: financial coach.  It's a match made in heaven... or is it?  Da...Da...Daahhhh   Are you a saver or a spender?  What about your significant other?  How do your different (or similar) money habits effect your relationship?  Most couples have one saver and one spender.  They speak very different languages and have different principles when it comes to money.  Money issues are the number one reason for divorce in America and maybe that is because savers and spenders need to learn how to communicate about money as well as understand what their partner needs and wants.     It has take Kelsa and I almost 15 ye