Deliberate Money Moves
129 episodes - English - Latest episode: about 2 months ago -After 25 years in the corporate world, managing money for some of the country's largest foundations, endowments, and corporations, I was ready for a change. In my experience, family financial challenges always seemed to be an afterthought for Wall Street. I wanted to end the destructive risks taken as a result of false and misleading statements that come out of the financial world — instead offering a path for individuals and families to obtain a balance between financial aspirations, resources, and accepted risks. If done right, financial planning should help you use your resources to meet your life goals. But for your plan to support those goals, no matter what season of life you're in, you need to study the big picture.
What financial situation or environment is challenging you right now? If you don't quite have the answer or don't want to say it out loud just yet, that's okay. I do, however, urge you to start at episode one and hit play. Together we will navigate and translate your financial state so you can take purposeful action with your money based on your specific needs. We will uncover your true values and motivations to develop clear goals that will ultimately help you move forward, and guide you, eliminating any unnecessary anxiety. It's time to find a quiet spot, take a deep breath, grab a pen and a piece of paper, and join me your, thinking partner. Because together, we will point you in a direction to live your best financial life and make Deliberate Money Moves.
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Episodes
Pay No Attention to the Financial Media
May 12, 2022 14:00 - 1 minute - 3.29 MBThe old school big firms in the financial industry make their stock market money one way. By processing transactions. Join me in this episode of Deliberate Money Moves where we explore why the Financial Media does not care if you are successful or not.
Invest Everything Above Your Savings Target in Your Long-Term Portfolio
May 05, 2022 14:00 - 1 minute - 2.87 MBYour Savings Target is the amount you want in savings so by definition, anything above this amount should be invested in your Long-Term Portfolio. Join me in this episode of Deliberate Money Moves where we explore why every dollar has a job.
Do What's Always Worked
April 28, 2022 14:00 - 2 minutes - 3.95 MBWhen tying your future wealth to something through investment, be sure what you are doing has always worked in the past. Join me in this episode of Deliberate Money Moves where we explore the importance of a Diversified Portfolio.
Be Optimistic
April 21, 2022 14:00 - 1 minute - 2.1 MBThings will improve, we just don’t know how. Join me in this episode of Deliberate Money Moves where we explore why this is most important when the markets crash.
Be Patient
April 14, 2022 14:00 - 1 minute - 3.63 MBI’m so glad that today’s culture has finally given a name to something that has killed many investors in the past. FOMO. Join me in this episode of Deliberate Money Moves where we explore why you should not be concerned with the Fear of Missing Out when it comes to your Long-Term Portfolio.
Be Diversified
April 07, 2022 14:00 - 2 minutes - 4.47 MBWe’ve all heard that we should be diversified, but what does that mean? Join me in this episode of Deliberate Money Moves where we explore the importance of self-discipline involving your Long-Term Portfolio.
Have an Investment Philosophy
March 31, 2022 15:00 - 2 minutes - 5.34 MBHere’s how most people invest. They act on impulse. They react to things they see in the news. Don’t be like most investors. Join me in this episode of Deliberate Money Moves where I share my own Investment Philosophy and you are welcome to use it as your own.
Create a Savings Target
March 24, 2022 15:00 - 1 minute - 3.59 MBYour savings balances may fluctuate a lot during the year depending on stock vesting, property or income tax payments, and many other things. But your Savings Target should not fluctuate. Join me in this episode of Deliberate Money Moves where we explore how to create a Savings Target.
Build Margin of Error in Your Cash Flow Plan
March 17, 2022 15:00 - 1 minute - 2.63 MBNo matter how much we plan or how much confidence we have in the future, it almost never turns out exactly as we expect. Join me in this episode of Deliberate Money Moves were we discuss building flexibility in your finances.
Keep 5 Years of Net Cash Needs Out of the Market
March 10, 2022 15:00 - 1 minute - 3.48 MBBecause we never know what the market will do in the short-term, we should not have any money invested that we plan to spend in the next 5 years. Join me in this episode of Deliberate Money Moves where we explore why we need that cash on the sidelines away from risk until we spend it.
Understand How Big Financial Changes Affect You in the Long Run
March 03, 2022 15:29 - 1 minute - 3.08 MBAt least once each year you will likely experience some big financial change. Join me in this episode of Deliberate Money Moves where we explore why it's important to know the long-term perspective these changes have on your financial life.
Have a Cash Flow System
February 24, 2022 15:00 - 2 minutes - 2.34 MBEvery dollar you have should have a job. If you aren’t giving a job to every dollar then your dollars are working against you. Join me in this episode of Deliberate Money Moves where I discuss how and why its best to give every dollar a job.
Keep Your Spending Categories Manageable
February 17, 2022 15:00 - 1 minute - 1.34 MBWhen thinking about your spending, be sure to lump expenses together to save yourself from being overwhelmed by the number of categories you have. Join me in this episode of Deliberate Money Moves where we discuss the Price Tag of Your Lifestyle.
Don’t Be Afraid to Spend More Than Your Plan
February 10, 2022 15:00 - 1 minute - 1.33 MBWe only have so much willpower to get through the day and the same goes double when it comes to managing your finances. Join me in this episode of Deliberate Money Moves where we explore preserving your willpower and updating your spending plan.
In Your Spending, Target Only Things You Can Actually Control
February 03, 2022 15:00 - 2 minutes - 1.99 MBWe are too good at beating ourselves up and in our finances that happens most with our spending. Join me in this episode of Deliberate Money Moves where we discuss aligning your spending with your values and focusing on what you can actually control.
Create a Spending Plan
January 27, 2022 15:00 - 1 minute - 1.69 MBIf you want to do everything you want in life and then die with a dollar in your bank account or whatever amount you want to leave your kids, there is a simple equation. Join me in this episode of Deliberate Money Moves where discuss this equation and why actually knowing your Spending is so important.
Match Your Spending with Your Values
January 20, 2022 15:00 - 1 minute - 1.76 MBThere is a lot of talk these days about aligning your investments with your values. But what about your spending? Join me in this episode of Deliberate Money Moves where we explore the best way to align your spending and values.
Create an Emergency Fund
January 13, 2022 15:00 - 2 minutes - 2.45 MBYou’ve probably heard this one before, but let’s bring some reality to the topic of creating an emergency fund. Join me in this episode of Deliberate Money Moves where we explore how much and where to keep your Emergency Fund.
Focus on Cash Flow Over Your Entire Life
January 06, 2022 15:00 - 2 minutes - 1.87 MBIf your goal is to do everything you want in life and die with at least a dollar in your bank account, or whatever amount you want to leave to your kids, then there is a simple equation that will tell you if you are on the right track. Join me in this episode of Deliberate Money Moves where we explore this equation and why it's important to know your cash flow over your entire life.
Work Your Finances Consistently, Even If Gradually
December 30, 2021 15:00 - 2 minutes - 2.01 MBJust like exercise, a little bit of financial health is much better than none. Join me in this episode of Deliberate Money Moves where we explore why you shouldn't wait to get help and how gradual control is better than none!
Never Take Advice that Drives Compensation for the Advisor (Without Knowing It)
December 23, 2021 15:00 - 2 minutes - 2.16 MBI know it sounds crazy, but there are actually people out there to whom you can pay a fee in order to get advice that is not dependent on the product. Join me in this episode of Deliberate Money Moves where we explore the benefits of Fee-Only Financial Advisors.
Get to Clarity, Control & Intention
December 16, 2021 15:00 - 2 minutes - 2.06 MBWhat is Financial Planning? I like to think about it in a very simple way. Join me in this episode of Deliberate Money Moves where we explore why you need to have clarity in your finances before you can have control. Once you have control, you can be very intentional.
Optimize Your Finances For YOU, Not Your Neighbors
December 09, 2021 15:00 - 1 minute - 1.46 MBIt’s very easy to get caught up in what our neighbors and friends are doing and buying. Join me in this episode of Deliberate Money Moves where we explore why your true values are usually reflected in your spending.
Understand Your Plan Will Not Come True
December 02, 2021 15:00 - 2 minutes - 2.05 MBWe can never know everything about your finances for the rest of your life. Join me in this episode of Deliberate Money Moves where we explore the reasons our Financial Plan is constantly changing.
Change Your Financial Plan
November 25, 2021 15:00 - 2 minutes - 2.02 MBIf you have built a financial plan in the past, I bet that it is outdated and worthless at this time. Join me in this episode of Deliberate Money Moves where we explore the importance of the planning process.
Know the Price Tag of Your Lifestyle
November 18, 2021 15:00 - 1 minute - 1.67 MBIf one of your goals is to maintain or increase your lifestyle, doesn’t it seem logical that you should know how much your lifestyle costs? Join me in this episode of Deliberate Money Moves where we talk about the importance of knowing how much we spend.
Focus on Actual Cash Flow
November 11, 2021 15:00 - 1 minute - 1.59 MBA lot of people like to use rules of thumb with their finances. Don’t fall for that. You are not average. No one is. Join me in this episode of Deliberate Money Moves where we explore what you need to know to calculate your cash flow.
Know What Is Important About Money to You
November 04, 2021 14:00 - 2 minutes - 2.01 MBMoney is simply a tool that allows us to do the things we want to do in life. Join me in this episode of Deliberate Money Moves where we explore why "More Money" is not a goal.
Review Your Estate Plan Each Year
October 28, 2021 14:00 - 2 minutes - 2.09 MBYour estate plan enacts the decisions you would make in circumstances in which you cannot make them. Join me in this episode of Deliberate Money Moves where we explore documents included in an estate plan and why you should review it yearly.
Only Own Life Insurance to Replace Income for Those Dependent on You
October 21, 2021 14:00 - 4 minutes - 4.31 MBLife insurance is used to pay for things you would pay for yourself if you were alive to do it. Join me in this episode of Deliberate Money Moves where we explore how much insurance you should buy, how it should be structured and scenarios to consider.
Understand Your Homeowners Insurance Coverage
October 14, 2021 14:00 - 3 minutes - 2.89 MBAll homeowners insurance coverage is not the same. Join me in this episode of Deliberate Money Moves where we explore how insurance companies cut coverage to compete for your business and how that can affect you in times of need.
Get Liability Protection on Your Entire Net Worth
October 07, 2021 14:00 - 2 minutes - 2.43 MBWe live in a lawsuit-happy country. Anyone can sue anyone for anything. Join me in this Episode of Deliberate Money Moves as we explore the best way to protect yourself from unwanted lawsuits.
Get All of Your Property and Casualty Insurance from One Carrier
September 30, 2021 14:00 - 1 minute - 1.73 MBI know what you’re thinking. Property and Casualty Insurance is boring! Well, sure, if it’s done right it’s supposed to be boring. Join me in this episode of Deliberate Money Moves where we explore why boring insurance equals less risk.
Plan to Leave Highly Appreciated Assets to Your Heirs
September 23, 2021 14:00 - 2 minutes - 2.17 MBToday we are talking about legacy gifting. You’re never too young to begin structuring your investments for the right long-term outcome. Join Me in this episode of Deliberate Money Moves where we explore different opportunities where Capital Gain Tax can get erased when passed to your heirs.
Consider Taxes When Making Withdrawals
September 16, 2021 14:00 - 3 minutes - 3.07 MBLet’s talk about actually using your savings. I know that might sound odd as we tend to save throughout our working life and even sometimes well into our retirement years. Join me in this episode of Deliberate Money Moves where we explore the tax implications when withdrawing from your savings.
Use a Professional Tax Preparer
September 09, 2021 14:00 - 2 minutes - 2.19 MBI’m guessing that you don’t love to do your own taxes, but even if you do that’s no reason to take the risk that comes with preparing your own taxes. Join me in this episode of Deliberate Money Moves where we explore the tax complexity and why I use a professional, myself!
Work Your HSA
September 02, 2021 14:00 - 2 minutes - 2.41 MBFund your HSA and do not use the money for current healthcare expenses. When you put money into your HSA you get a tax deduction which basically means you haven’t paid tax on that income. Join me in this episode of Deliberate Money Moves as we explore who this "tip" is right for and how to maximize you HSA.
When to Consider a 1031 Exchange
August 26, 2021 14:00 - 1 minute - 1.72 MBA 1031 exchange allows you to exchange a piece of real estate for another piece of real estate without paying capital gains taxes. Join me in this episode of Deliberate Money Moves where we explore if a 1031 Exchange is right for you.
Manage Your Gifts in a Taxwise Manner
August 19, 2021 14:00 - 4 minutes - 4.09 MBWe don’t usually think of managing gifts for tax purposes, but as you begin thinking about how you want to share your wealth it becomes very important. Join me in this episode of Deliberate Money Moves where we explore charitable giving and gifts to your heirs.
Maximize the Use of Your Retirement Plans
August 12, 2021 14:00 - 3 minutes - 3.61 MBI know retirement plans can be confusing, but they are very powerful tools for saving in a tax optimized way. Join me in this episode of Deliberate Money Moves where we explore four different tax strategies that can enhance your retirement plan.
Take Advantage of Lower Capital Gains Tax Rates
August 05, 2021 14:00 - 4 minutes - 3.79 MBWe all know we get taxed many different ways, and it’s important to understand them all at least to some degree. Join me in this episode of Deliberate Money Moves where we explore the capital gains tax and how we can use these rates to our advantage.
Consider Using a Donor Advised Fund
July 29, 2021 14:00 - 3 minutes - 3.2 MBIf you regularly give to charity and have income that fluctuates, I’m going to show you something that is going to save you money. Join me in this episode of Deliberate Money Moves as we explore how to save money on taxes by using a donor advised fund.
Consider Making Roth Conversions Regularly
July 22, 2021 14:00 - 2 minutes - 2.72 MBA Roth conversion is where you take money that is already in a tax-deferred account and move it to a Roth account. The Already-Taxed or Roth account is the most difficult to contribute to. Join me in this episode of Deliberate Money Moves as we explore how we can get money into a Roth by making conversions.
Use All 3 Tax Structures for Your Long-Term Portfolio
July 15, 2021 15:00 - 5 minutes - 5.1 MBThere are three tax structures under which you can invest: Taxable, Tax-Deferred and Already-Taxed or Roth. Join me in this episode of Deliberate Money Moves as we explore how each of them works and why you should use them.
Level Your Income to Minimize Your Taxes
July 08, 2021 16:00 - 3 minutes - 3.55 MBOur tax structure is what’s called progressive which means the more you make then the more as a percentage that you will pay in tax. Join me in this episode of Deliberate Money Moves as we explore how you can minimize your taxes by shifting your income across the years.
Pay Your Taxes and Be Happy
June 30, 2021 03:04 - 3 minutes - 3.04 MBThe goal with taxes is not to pay the least amount of tax – it’s to keep as much as you possibly can. Join me in this episode of Deliberate Money Moves as we explore why you should maximize available Tax Breaks for your existing strategies and why you shouldn't let Taxes drive your strategy.
Have a Long-Term Portfolio Strategy in Place for Your Cash from Selling Company Stock
June 18, 2021 23:35 - 5 minutes - 2.36 MBOnce you have a plan in place to sell your Company Stock over time, be sure that money has some place to go. We don’t ever want our money to be without a job and the cash you get from your Company Stock is no exception. Join me in this episode of Deliberate Money Moves as we explore how to calculate your savings target in order to determine the best Long-Term Portfolio Strategy for you.
Have a Strategy for Each Block of Vesting Shares
June 11, 2021 04:23 - 4 minutes - 2.25 MBNo longer should we simply let newly vested shares drift into our portfolio without a strategy or reason to hold vs. sell. Join me in this episode of Deliberate Money Moves where, together, we develop a strategy for each block of vesting shares. The first thing we must do is differentiate among the shares we are getting.
Know the Tax Effect of Selling Your Company Stock
June 09, 2021 02:03 - 4 minutes - 4.18 MBTaxes are a fact of life. I talk to a lot of people who are trying to find the super-secret way that people with money avoid paying taxes. I’m here to tell you – it doesn’t exist. People offering you such strategies are not telling you something. Either that you’ll have to pay even more taxes further into the future, or you must give away enough of your money so that you would have been better off just paying the tax up front. Join me in this episode of Deliberate Money Moves where I g...
Understand the Risk Your Company Stock Creates in Your Financial Life
June 03, 2021 15:00 - 5 minutes - 4.72 MBIs the amount of stock you have accumulated starting to look large to you? Do you want to be sure you are doing the best thing with this important asset? Join me in this episode of Deliberate Money Moves where I go over a short exercise for you to determine if you have the right amount of Company Stock that is appropriate for you and your family.