Check Your Balances
183 episodes - English - Latest episode: about 9 hours ago - ★★★★★ - 49 ratingsCheck Your Balances explores the world of personal finance, investing, and business through the lens of two financial planners that help people navigate some of life's most impactful financial decisions.
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Episodes
Episode 32: Back to School - Our Financial Literacy Curriculum
September 08, 2021 04:00 - 25 minutes - 17.7 MBAs kids head back to school for the fall, Ross and Dan breakdown what would be in their financial literacy course if they got to design it for high school students. Email your questions for the show to [email protected] to potentially have your question featured!
Episode 31: The Advisory Business, Interview with Alan Moore
September 01, 2021 04:00 - 38 minutes - 26.2 MBThis week Ross and Dan are joined by Alan Moore. He is the CEO and co-founder of XY Planning Network, which has created a community of over 1,000 fee-only advisors focused on serving Gen X and Gen Y clients. To submit questions or topics for the show, email us at [email protected]!
Episode 30: Talking Banking with Dr. Terri Friedline
August 25, 2021 04:00 - 36 minutes - 25.4 MBDr. Terri Friedline is the author of Banking on a Revolution and a professor at University of Michigan. She joins Ross and Dan to talk about underbanked and unbanked communities and structural reform that is needed in the banking system. To submit questions or topics for the show, email us at [email protected]!
Episode 29: Advice To Our Younger Selves
August 18, 2021 04:00 - 23 minutes - 16 MBThe blog post Go Big, Then Stop by Nick Maggiulli inspired Ross and Dan to think about advice they would give to their younger selves. They reflect on the early days of their careers, the power of compounding, and the risks of faking it until you make it. Submit questions or feedback to the show using [email protected]!
Episode 28: Should you rollover your 401(k)?
August 11, 2021 04:00 - 29 minutes - 20.7 MBA mailbag episode, Ross and Dan read listener responses to how they'd spend lottery winnings and answer questions on net worth and 401(k) rollovers. There's a lot to unpack this week! Submit questions or feedback to the show using [email protected]!
Episode 27: What can we learn about planning from the lottery?
August 04, 2021 04:00 - 26 minutes - 18.4 MBWe examine the math on how lottery payouts are actually made and then apply those same fundamentals to a much more likely scenario... pension planning! Check out this week's episode whether you're thinking about your pension or the Powerball. Receive a Check Your Balances mug by sending in great questions for the show at [email protected] (while supplies last!).
Episode 26: Revisiting the SECURE Act
July 28, 2021 04:00 - 23 minutes - 16 MBAt the end of 2019 a major piece of tax legislation was signed into law. The SECURE Act may have flown under the radar of many Americans as our focus quickly shifted towards a global pandemic. On this episode Ross and Dan review some major provisions of the SECURE Act and what they might mean for you. E-mail us at [email protected] with your questions or feedback for the show!
Episode 25: Cash Allocations and Beyond
July 21, 2021 04:00 - 28 minutes - 19.9 MBHow much cash is too much in your portfolio? Ross and Dan launch from a listener question into their theory about allocation bands and how you choose to treat risk in your portfolio. They also react to Malcom Gladwell's enthusiasm for self-driving cars. E-mail us at [email protected] with your questions or feedback for the show!
Episode 24: Talking Budgets with Kimberly Palmer
July 14, 2021 04:00 - 22 minutes - 15.3 MBKimberly Palmer, author of "Smart Mom, Rich Mom" and personal finance expert at NerdWallet, joins the show to talk about budgeting. Ross and Dan have historically considered themselves "anti-budgeters", but Kimberly flips them by offering a simple and practical framework for regaining control of your spending. E-mail us your personal finance questions or topics at [email protected].
Episode 23: All Things Insurance
July 07, 2021 04:00 - 38 minutes - 26.7 MBRoss and Dan ambitiously try to tackle life insurance, disability insurance, and long-term care insurance in a single episode. How to think about what you really need, and what products get sold in all the wrong ways. E-mail [email protected] to submit questions or feedback to the show!
Episode 22: Relocation and Inflation
June 30, 2021 04:00 - 24 minutes - 16.9 MBRoss and Dan answer a listener question on relocation, provide a helpful (free) resource for estimating your costs, and unpack what the bond market is currently telling us to expect in terms of inflation. Shoot us an email at [email protected] to let us know where you're thinking of relocating to in retirement or with other questions for the show!
Episode 21: 10 Concepts to Make You a Better Investor
June 23, 2021 04:00 - 29 minutes - 20.3 MBRoss and Dan compile a list of 10 of the most powerful concepts, mantras, and lessons they have learned about investing. Whether they help with your mindset, developing good habits, or combating a dangerous bias, we hope you take something positive from this week's show. Shoot an email to [email protected] to share your favorite investing lesson or a question you'd like Ross and Dan to weigh in on!
Episode 20: Health and Wealth with Dr. Michelle Fritsch
June 16, 2021 04:00 - 26 minutes - 18.1 MBDr. Michelle Fritsch, author of Preventative Maintenance for a High Mileage Life, joins the show to talk about health when making the transition into retirement. Her background as a pharmacist uncovered gaps that need addressing in the medical field that she is actively working to solve. Learn more about Michelle at retirewellness.com or email her at [email protected]. E-mail us your personal finance questions or topics at [email protected].
Episode 19: Active vs Passive Investing
June 09, 2021 04:00 - 26 minutes - 18.1 MBRoss and Dan weigh in on one of the biggest debates in the investing world: active versus passive investing. E-mail us at [email protected] with questions for the show or anything you'd like us to weigh in on!
Episode 18: Could annuities improve your investing?
June 02, 2021 04:00 - 24 minutes - 17.1 MBA new Dalbar study suggests that investors with variable annuities did better in 2020. Ross and Dan unpack some of the possible reasons and discuss whether data like this would alter our traditional thinking around retirement income. E-mail us at [email protected] with questions for the show or anything you'd like us to weigh in on!
Episode 17: Scams
May 26, 2021 04:00 - 26 minutes - 18.4 MBRoss and Dan receive an email from a "listener" in need of assistance. This spurs a conversation about common scams and some preventative measures people should be taking. Send us what you're excited to do with your free time to [email protected] or submit questions or topics you'd like to hear us cover on our show!
Episode 16: What are you excited for in retirement?
May 19, 2021 04:00 - 24 minutes - 17.2 MBCould a new framework around what retirement means let you get to the fun stuff early? Ross and Dan discuss different ways to think about what retirement could be and what they learned in starting their business about financially preparing for mini-retirements. Send us what you're excited to do with your free time to [email protected] or submit questions or topics you'd like to hear us cover on our show!
Episode 15: Jordan Josephs, Celebrity Business Manager
May 12, 2021 04:00 - 49 minutes - 33.8 MBHow realistic are TV shows like Ballers and Entourage? This week we invited Jordan Josephs to answer that question and more as he gives us a glimpse into his life. Jordan has been named as one of Billboard's top business managers for 2021 and awarded Variety's "Business Manager Elite" title. Email us at [email protected] for questions or topics you want us to cover on our show!
Episode 14: Scott Lloyd Talks Taylor Swift
May 05, 2021 04:00 - 30 minutes - 21.2 MBTaylor Swift is in the process of recording fresh versions of her first six studio albums. She is doing this because she does not own the master recordings of those original tracks, and hopes to regain control of her music by creating new versions ("Taylor's Versions" as she calls them). To learn more about Taylor Swift's efforts, and to more broadly explore intellectual property rights, we welcome Scott Lloyd to the show. He is a principal with the law firm Offit Kurman and does work i...
Episode 13: The Side Hustle
April 28, 2021 04:00 - 25 minutes - 17.9 MBRoss and Daniel discuss side hustles, offer their thoughts on rental real estate, and share why you should beware if you happen upon raccoons in your attic. Email us at [email protected] to submit questions or topics for discussion on the show!
Episode 12: Target Date Funds & $100(ish) Million Deli
April 21, 2021 04:00 - 23 minutes - 16.5 MBRoss and Dan unpack some of the financial statements on a single deli that trades as a public company with an eye popping valuation, as well as review an incredibly prominent financial product that you may have in your 401(k) right now. Email us at [email protected] to submit questions or topics for discussion on the show!
Episode 11: Talking Credit Cards with Sara Rathner from Nerd Wallet
April 14, 2021 04:00 - 37 minutes - 25.9 MBThe "Credit Card Queen," as we appointed her, Sara Rathner from Nerd Wallet joins the show this week to talk all things credit cards! We also dive into the importance of bringing nuance to financial media. Email us at [email protected] for questions or topics you want us to cover on our show!
Episode 10: Together We Bake & Helpful Tips
April 07, 2021 04:00 - 29 minutes - 20.5 MBWe are thrilled to welcome Together We Bake to our show to share some of the great work they are doing in the Northern Virginia community to support women in the area. We also kick off financial literacy month with some shortcuts for math and quick tips that we use as planners. Email us at [email protected] with questions or ideas that you want us to share on the show!
Episode 9: Crooked Crab Brewing
March 31, 2021 04:00 - 41 minutes - 28.9 MBThe founders of Crooked Crab Brewing join our show to tell the story of how three friends put their combined skills together to create an award winning up-and-comer of a craft brewery. Email us at [email protected] if you've got feedback, finance questions, or topics you want to hear us cover!
Episode 8: Decoding Acronyms
March 24, 2021 04:00 - 33 minutes - 22.8 MBThe language of investing is constantly changing - are you keeping up to date? Join Ross and Dan as they explore a few acronyms showing up more frequently in the world of finance. Be sure to stick around until the end for their rapid fire "meme-talk" round. E-mail us at [email protected] to submit your questions for the show!
Episode 7: Managing the Downside
March 17, 2021 04:00 - 29 minutes - 20.3 MBIt has been shown that people hate losing money about twice as much more than they like making it. How does that translate to the way you look at your portfolio during turbulent markets? Ross and Dan discuss their philosophy on managing the downside in this week's show. E-mail us at [email protected] to submit your questions for the show!
Episode 6: Roth, Social Security, and Tax Smoothing
March 10, 2021 05:00 - 21 minutes - 14.8 MBIs the Roth IRA for you? When should you file Social Security? When does it make sense to accelerate your taxable income? Ross and Dan talk through three common planning issues in this week's show. E-mail us at [email protected] to submit your questions for the show!
Episode 5: 10 Takeaways from Warren Buffet's 2021 Letter to Shareholders
March 03, 2021 05:00 - 22 minutes - 15.7 MBInvesting icon Warren Buffet writes a letter to Berkshire Hathaway shareholders each year. Ross and Dan break down the 2021 letter and share their top 10 takeaways that you can apply to your financial life and investing. E-mail us at [email protected] if you had a different take or with any questions that you think we should cover in upcoming shows!
Episode 4: An Interview with Chef Jonathan Krinn
February 24, 2021 11:00 - 26 minutes - 18.6 MBThe chef and restaurateur behind the award winning Clarity restaurant in Vienna, VA joins us to talk about his journey and what it has been like adapting a restaurant in the pandemic. There are lessons for all business owners and entrepreneurs in the way chef Krinn has been able to navigate the situation. E-mail us at [email protected] with any feedback, questions, or to participate in this week's gift card challenge! And visit clarityvienna.com to learn more about our guest and...
Episode 3: Kids and Investing
February 17, 2021 12:00 - 32 minutes - 22.1 MBCollege savings plans, picking stocks your kids will understand, and more. Our resident Advisor-Dad takes you through his process and what you need to be thinking about if you're interested to get your kids started on their investing journey. E-mail us at [email protected] with questions you want us to cover and feedback!
Episode 2: Myths About Retirement Finances
February 10, 2021 12:00 - 24 minutes - 16.9 MBShould you make it a goal to payoff your mortgage? Do you need to convert to a dividend focused portfolio? What's the right allocation for your age? This week Ross and Dan unpack 3 common myths that investors have as they approach retirement.
Episode 2: Myths About Retirement Finances
February 10, 2021 12:00 - 24 minutes - 16.9 MBShould you make it a goal to payoff your mortgage? Do you need to convert to a dividend focused portfolio? What's the right allocation for your age? This week Ross and Dan unpack 3 common myths that investors have as they approach retirement.
Episode 1: An Interview with Morgan Housel
February 03, 2021 12:00 - 36 minutes - 25.4 MBMorgan Housel, author of The Psychology of Money and partner at The Collaborative Fund joins Ross and Dan to discuss his book. Check Your Balances is a journey through investing, personal finance, and business with an emphasis on always understanding the tradeoffs. Ross and Dan unpack common financial planning anecdotes and lore to help listeners get down to what will really make the most impact for them. Subscribe so you don't miss an episode!