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Making Margin

54 episodes - English - Latest episode: 2 months ago - ★★★★★ - 11 ratings

The Greenway Wealth Advisors team talk about avoiding common mistakes that people make with their money.

For legal mumbo jumbo, visit: https://greenwaywealth.com/home/social-media-policy

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Episodes

Pointless Predictions for the New Year

January 18, 2024 17:00 - 28 minutes - 25.7 MB

What happens when you fail at market timing?: https://www.dimensional.com/us-en/insights/what-happens-when-you-fail-at-market-timing   The Periodic Table of Investment Returns: https://www.callan.com/research/2022-classic-periodic-table/   Dave guessing his Mom's Thanksgiving Pies: https://www.youtube.com/watch?v=1xa_ICrQHCM

New Year's Financial Resolutions

January 04, 2024 05:00 - 22 minutes - 20.5 MB

So this is the New Year! In Episode 50(!) of the Making Margin podcast, we offer our ideas for New Year's Financial Resolutions; easy things that anyone can do to put themselves in a better position financially.

Back and better than ever: The 529

September 25, 2023 12:54 - 28 minutes - 26.2 MB

Welcome to the Making Margin podcast! Greenway’s team is here to discuss common financial mistakes and to help you navigate them.  Meet the voices behind this episode of Making Margin: Nick Natalie  Jeff Allie Since its inception, the 529 has been a popular education savings vehicle. Over the years, it has received a few enhancements, but none better than the most recent one thanks to the Secure Act 2.0. We’ll talk about the 529, the changes, and how it might fit into a financial plan....

The Psychology of Spending

August 09, 2023 12:00 - 29 minutes - 27.4 MB

Making Margin Podcast Episode 48 - The Psychology of Spending Welcome to the Making Margin podcast! Greenway’s team is here to discuss common financial mistakes and to help you navigate them.  Meet the voices behind this episode of Making Margin: Nick Jeff Natalie  Allie “A subtle problem with money is that assets are easy to measure but liabilities can be hidden.”-Morgan Housel Today we’re talking about the psychology of spending, and why setting arbitrary limits that are well below...

Biggest Mistakes You Can Make (with your money)

May 12, 2023 14:40 - 38 minutes - 35 MB

Making Margin Podcast Episode 47 - These Are The Biggest Money Mistakes That We See People Make   Welcome to the Making Margin podcast! Greenway’s team is here to discuss common financial mistakes and to help you navigate them.  Meet the voices behind this episode of Making Margin: Nick Jeff Allie Natalie  Drew We often talk to our clients about the importance of avoiding mistakes with their money. So much about personal finance isn’t about trying to hit home runs; it’s consistently ...

Lessons in Banking (and e-mail security)

April 14, 2023 14:58 - 29 minutes - 27.4 MB

Questions What happened to SVB? Explain it to me like I’m 5.   What’s the risk of broader contagion?   How do these events impact your 2023 market forecast?   What should we be doing differently with our money?   Resources: https://www.investopedia.com/what-happened-to-silicon-valley-bank-7368676 https://www.investopedia.com/terms/t/twofactor-authentication-2fa.asp

What’s in Store for 2023 (and Beyond)

February 28, 2023 19:24 - 32 minutes - 29.8 MB

With so many negative headlines, is there a reason to be optimistic about the markets (and life in general) this year? What about in future years? Questions The Dow is currently at ~34,000. Will it end the year higher or lower than 34,000?   Michael Burry: why is pessimism so popular?   Personally (and for the market) are you optimistic or pessimistic over the near-term? What about in the intermediate-long term?     Resources: https://www.bloomberg.com/news/articles/2023-02-01/will-s...

Secure Act 2.0: The good, the bad, and the ugly

January 31, 2023 15:46 - 25 minutes - 23.6 MB

Resources: https://www.kiplinger.com/retirement/bipartisan-retirement-savings-package-in-massive-budget-bill https://www.schwab.com/learn/story/secure-20-how-does-it-affect-retirement-plans

Finish on a High Note

December 07, 2022 20:41 - 20 minutes - 19 MB

We’re back with some year-end financial planning ideas to make sure you start 2023 with a bang.

Cryptomania Revisited

December 01, 2022 15:30 - 23 minutes - 21.6 MB

The recent implosion of cryptocurrency exchange FTX has thrown the entire crypto market into (even more) turmoil. What does it mean for the future of crypto as an asset class? In this episode, we revisit a conversation we had in the fall of 2021 to find out if anything has changed for us and our clients.

Student Loan Forgiveness

September 21, 2022 10:00 - 12 minutes - 11.6 MB

Making Margin Podcast Episode 41 - Student Loan Forgiveness Welcome to the Making Margin podcast! Greenway’s team is here to discuss common financial mistakes and to help you navigate them.  Meet the voices behind Making Margin: Nick Jeff Drew On Aug. 24 Biden announced that his administration will waive student loan debt for qualifying Americans — $10,000 for individuals earning less than $125,000, plus an additional $10,000 for those who had received Pell Grants, which support tuitio...

Skimp or Splurge

September 16, 2022 20:06 - 35 minutes - 32.6 MB

Making Margin Podcast Episode 40 - Skimp or Splurge Welcome to the Making Margin podcast! Greenway’s team is here to discuss common financial mistakes and to help you navigate them.  Meet the voices behind Making Margin: Nick Jeff Allie Natalie  Drew Today we’re talking about skimping and splurging.  Lifestyle choices have an enormous impact on people’s financial futures. It’s important to align your expenses with your values if you want to experience financial success. But that mig...

Has the Housing Bubble Burst?

August 17, 2022 11:00 - 25 minutes - 23.3 MB

Making Margin Podcast Episode 39 - Has the Housing Bubble Burst?   Welcome to the Making Margin podcast! Greenway’s team is here to discuss common financial mistakes and to help you navigate them.  Meet the voices behind this episode of Making Margin: Nick Jeff Allie Natalie  Drew Today we’re talking about the housing market. Mortgage rates for 30-year fixed loans hit roughly 6% in June, up from a little over 3% a year ago, according to Bankrate data. Now there are early signs that ...

How Low Can You Go

August 01, 2022 20:44 - 22 minutes - 20.9 MB

Making Margin Podcast Episode 38 - How Low Can You Go Welcome to the Making Margin podcast! Greenway’s team is here to discuss common financial mistakes and to help you navigate them.  Meet the voices behind this episode of Making Margin: Nick Natalie  Jeff Drew Today’s topic is all about the current market. The US Stock market (S&P 500) suffered the worst first half since 1970 - down nearly 20% since the beginning of 2022. People are mostly blaming inflation. So what’s to come? And h...

To Roth or Not to Roth

June 22, 2022 13:53 - 19 minutes - 18 MB

Making Margin Podcast Episode 36 - To Roth or Not to Roth   Welcome to the Making Margin podcast! Greenway’s team is here to discuss common financial mistakes and to help you navigate them.  Meet the voices behind this episode of Making Margin: Nick Jeff Drew Today we’re talking about Roth IRA and 401(k); something we discuss with almost every client. What are the advantages and disadvantages? Who do they make the most sense for? Discussion Topics: A quick overview of Roth rules Who...

Money & Marriage

June 01, 2022 12:00 - 26 minutes - 24.5 MB

Making Margin Podcast Episode 35 - Marriage & Money Welcome to the Making Margin podcast! Greenway’s team is here to discuss common financial mistakes and to help you navigate them.  Meet the voices behind this episode of Making Margin: Nick Natalie  Jeff Drew Allie Today’s topic is all about money & marriage. What are the key ingredients for couples to be successful financially? Discussion Topics: How do you and your spouse approach money (practically and theoretically)? What are...

Let's Talk About Cash

May 18, 2022 18:42 - 25 minutes - 23.5 MB

In this episode we discuss cash. How much should you have? Where should you hold it? How much is too much?

The Benefits of Generosity

May 06, 2022 12:00 - 30 minutes - 28 MB

Making Margin Podcast Episode 34 - The Benefits of Generosity Welcome to the Making Margin podcast! Greenway’s team is here to discuss common financial mistakes and to help you navigate them.  Meet the voices behind Making Margin: Nick Jeff Allie Natalie  Drew Today we’re talking about generosity. Part of our mission as a firm is to become more generous and to develop a culture of generosity with our clients. What does that actually mean though, and why would we do that? It turns ou...

Life Insurance Smarts

April 22, 2022 12:16 - 33 minutes - 30.5 MB

Making Margin Podcast Episode 32 - Life Insurance Smarts   Welcome to the Making Margin podcast! Greenway’s team is here to discuss common financial mistakes and to help you navigate them.  Meet the voices behind this episode of Making Margin: Nick Jeff Drew Today’s topic is all about life insurance. Do you need it? What should you get? Discussion Topics: Jeff explains cash value life insurance Whole Universal Variable Drew explains term life insurance What are the advantages an...

Should I Buy a Rental Property?

March 31, 2022 20:20 - 33 minutes - 30.8 MB

Making Margin Podcast Episode 33 - Should I buy a rental property? Welcome to the Making Margin podcast! Greenway’s team is here to discuss common financial mistakes and to help you navigate them.  Meet the voices behind Making Margin: Nick Jeff Allie Natalie  Drew Today we’re talking about rental properties. Should you buy one? More than 10 million Americans earn income from rental properties according to the IRS. Half of them manage their own properties, and the average landlord h...

Why We Buy - What influences our purchasing decisions?

March 01, 2022 16:03 - 28 minutes - 26.2 MB

Welcome to the Making Margin podcast! Greenway’s team is here to discuss common financial mistakes and to help you navigate them.  Meet the voices behind this episode of Making Margin: Nick Natalie  Jeff Drew Today’s topic is all about why people, including us, buy what we buy and what influences our purchasing decisions. A common refrain for us (and our clients) is spending money without really knowing where the money went. So what are those things (tangible and intangible) that infl...

Smart Car Buying

January 31, 2022 19:11 - 36 minutes - 33.1 MB

Welcome to the Making Margin podcast! Greenway’s team is here to discuss common financial mistakes and to help you navigate them.  Meet the voices behind this episode of Making Margin: Nick Jeff Natalie  Drew Today’s topic is all about the changing car market, and how our recommendations have changed with it. How do we perceive our clients handling car buying decisions? How do we handle car shopping? What’s changed? What mistakes do people make when looking for a car? Resources: ...

Cryptomania

November 01, 2021 02:26 - 23 minutes - 21.8 MB

Making Margin Podcast Episode 29 - Cryptomania Meet the voices behind this episode of Making Margin: Nick Natalie Jeff Drew Crypto is all the rage. Clients, friends, everyone asks about it. So what do we think? "Everything you don’t understand about money combined with everything you don’t understand about computers.”—HBO’s Last Week Tonight with John Oliver, March 11, 2018 In this episode we help you understand what crypto is and answer the questions: What are our expectations for...

Moving with Caution

September 29, 2021 17:45 - 26 minutes - 24.5 MB

Welcome to the Making Margin podcast! Greenway’s team is here to discuss common financial mistakes and to help you navigate them.  Meet the voices behind Making Margin: Nick Jeff Allie Today we’re talking about a scam that one of our own fell prey to: interstate movers. We like helping people avoid scams, but one of our own got scammed recently. We’re sharing tips on how you can avoid being a victim.  After looking into it more we realized that this type of scam is actually really wid...

Should I Invest or Pay Off Debt?

July 20, 2021 14:50 - 30 minutes - 27.9 MB

What’s up with the housing market?

June 07, 2021 19:03 - 30 minutes - 28.3 MB

Welcome to the Making Margin podcast! Greenway’s team is here to discuss common financial mistakes and to help you navigate them.  Meet the voices behind this episode of Making Margin: Nick Allie   Jeff Drew Today’s topic is all about housing, specifically the recent housing price boom. Discussion Topics: Home prices are up 15.8% on average year-over-year across the country according to a recent National Association of Realtors’ report (and in some places like Miami are already offic...

Sustainable Investing

May 13, 2021 04:00 - 23 minutes - 21.2 MB

Welcome to the Making Margin podcast! Greenway’s team is here to discuss common financial mistakes and to help you navigate them.  Meet the voices behind this episode of Making Margin: Nick Jeff Today’s topic is all about sustainable investing.  Socially responsible investing, social investment, sustainable socially conscious, "green" or ethical investing, is any investment strategy which seeks to consider both financial return and social/environmental good to bring about social change ...

How to change your mind

April 29, 2021 12:15 - 32 minutes - 30.2 MB

Welcome to the Making Margin podcast! Greenway’s team is here to discuss common financial mistakes and to help you navigate them.  Meet the voices behind Making Margin: Nick Jeff Drew Allie Today we’re talking about changing your mind, which seems abstract, but actually has a lot of applications to finance. As we start to get to know our clients, we like to find out about their background; then we talk through where they are now, then where they (think) they want to go Reality is tha...

Kids and Money - Expenses

April 09, 2021 23:05 - 24 minutes - 22.5 MB

Welcome to the Making Margin podcast! Greenway’s team is here to discuss common financial mistakes and to help you navigate them.  Meet the voices behind Making Margin: Nick Allie   Jeff Natalie Drew Today’s episode:  Second part of our Kids and Money series talking about expenses for kids. What should they be responsible for? And when? How much of their allowance should we allow them to spend?   Discussion Topics: Tell me your experience with spending as a kid. How do you go abo...

Kids and Money - Allowance

March 16, 2021 15:49 - 32 minutes - 30.1 MB

Welcome to the Making Margin podcast! Greenway’s team is here to discuss common financial mistakes and to help you navigate them.  Meet the voices behind this episode of Making Margin: Nick Allie   Jeff Natalie Drew Today’s topic is all about kids and allowances. When to give? How much? For what? Discussion Topics: We talk about our experience with allowance as kids. Should you give allowance for something specific or just for existing as your kid? How much should it be given? Cas...

Who Needs a Financial Advisor?

January 13, 2021 21:22 - 26 minutes - 24.6 MB

Episode 21 - Who Needs a Financial Advisor? Welcome to the Making Margin podcast! Greenway’s team is here to discuss common financial mistakes and to help you navigate them.  Meet the voices behind Making Margin: Nick Jeff Natalie Drew Today’s topic is all about who actually needs financial advice.  Because of resolutions, a lot of people start looking at what a good financial advisor does at the start of the new year. We’re trying to redefine what a financial advisor can provide an...

Christmas Traditions: Creating a Generous Family Culture

December 19, 2020 15:57 - 22 minutes - 20.9 MB

Welcome to the Making Margin podcast! Greenway’s team is here to discuss common financial mistakes and to help you navigate them.  Meet the voices behind Making Margin: Nick Jeff Natalie Allie Today’s topic is all about Christmas traditions and how to create a generous family culture.  Christmas Traditions: Past, present, future. What was gift giving/receiving like growing up? What traditions do you want to continue? What do you want to change? Advice Create traditions that put ot...

Now and later: redefining success in investing

December 03, 2020 17:18 - 29 minutes - 27.2 MB

Welcome to the Making Margin podcast! Greenway’s team is here to discuss common financial mistakes and to help you navigate them.  Meet the voices behind Making Margin: Nick Drew Natalie Today’s episode:  How can we be confident in 6% (or higher!) growth rate? Why do we think it’s important to have equities (and/or bonds) in a portfolio? We have to set some expectations regarding investment planning. So, how do we come to the conclusions that we do when designing a portfolio?   Dis...

Smells like teen spirit: A look at alternative investments

November 06, 2020 12:33 - 27 minutes - 25.5 MB

Welcome to the Making Margin podcast! Greenway’s team is here to discuss common financial mistakes and to help you navigate them.  Meet the voices behind this episode of Making Margin: Nick Allie Jeff Today’s topic is all about alternative investments. For some time now, university endowments have included alternative investments in their portfolios attempting to both diversify their risk, and increase their return on investment. Most have been unsuccessful in actually increasing thei...

Open Enrollment

September 10, 2020 17:49 - 20 minutes - 18.6 MB

Welcome to the Making Margin podcast! Greenway’s team is here to discuss common financial mistakes and to help you navigate them.  Meet the voices behind Making Margin: Nick Jeff Natalie Today’s topic is all about open enrollment and how to know which plan is best for you. For many, health insurance is the largest single expense. According to the Kaiser Family Foundation, the $20,576 average family premium in 2019 is 22% higher than the average family premium in 2014 and 54% higher th...

Preparing for Unemployment

August 20, 2020 04:00 - 19 minutes - 18 MB

Advice Revisit your budget  Consider alternative housing options  Prioritize emergency savings  Pay Off Debt  Consider your health insurance options Look at your mortgage  Review your cell phone bill  Network, network, network  Avoid draining retirement accounts   Find some additional income source   Apply for unemployment benefits   Establish a HELOC  Take Away: There are simple, and more complex, steps you can take to put yourself in a position where you can withstand a furlou...

Your 22-year-old self

July 28, 2020 16:56 - 20 minutes - 19.2 MB

Welcome to the Making Margin podcast! Greenway’s team is here to discuss common financial mistakes and to help you navigate them.  Meet the voices behind Making Margin: Nick Allie   Jeff Drew Natalie Today’s topic: Every day, we get to talk to people who regret financial choices and prior viewpoints, and the impact that it has had on their lives. Today, we’re going to try to talk some sense into our own former selves.   Discussion topics: If you could go back in time, and tell your...

What Will Change?

July 14, 2020 18:32 - 31 minutes - 28.9 MB

Welcome to the Making Margin podcast! Greenway’s team is here to discuss common financial mistakes and to help you navigate them.  Meet the voices behind Making Margin: Nick Allie   Jeff Drew Today’s topic is all about our predictions for the world to come.   Discussion topics: What do we think will happen with large gatherings? Concerts, football games, etc? What about movie theatres? WIll they survive? Would you go to the movies? Will offices still be a thing? Will working from ...

A Guide to Pandemic Investing

June 24, 2020 03:32 - 22 minutes - 20.3 MB

Welcome to the Making Margin podcast! Greenway’s team is here to discuss common financial mistakes and to help you navigate them.  Meet the voices behind Making Margin: Nick Allie   Jeff Drew Today’s topic is all about investing through a global pandemic. On February 13, 2020, we released a podcast episode entitled “Investing is Boring” where we discussed the evidence behind our investment approach, and why investing shouldn’t be a thrill ride. Then, the entire world changed. Today w...

Saving for College: A Primer

May 28, 2020 19:56 - 24 minutes - 22.8 MB

Welcome to the Making Margin podcast! Greenway’s team is here to discuss common financial mistakes and to help you navigate them.  Meet the voices behind Making Margin: Nick Allie Jeff Special Guest: Allen Starrett Today’s topic is all about saving for college.  College is expensive, and saving for it can be a big challenge, especially as it competes with other priorities According to US News,  the average four year in-state college costs about $10000 year, just for tuition, and the ...

Saving for College

May 28, 2020 19:56 - 24 minutes - 22.8 MB

Welcome to the Making Margin podcast! Greenway’s team is here to discuss common financial mistakes and to help you navigate them.  Meet the voices behind Making Margin: Nick Allie   Jeff Drew Special Guest: Allen Starrett Today’s topic is all about saving for college.  College is expensive, and saving for it can be a big challenge, especially as it competes with other priorities According to US News,  the average four year in-state college costs about $10000 year, just for ...

Planning to Die

April 01, 2020 04:00 - 20 minutes - 18.3 MB

Welcome to the Making Margin podcast! Greenway’s team is here to discuss common financial mistakes and to help you navigate them.  Meet the voices behind Making Margin: Nick Special Guest: Allen Starrett Today’s topic is all about estate planning and why it is so important. Discussion topics: How Allen decided to get into estate law What are the important components of a complete estate plan? Why is it important for people to have those items? What can happen if they don’t? We find...

Kids Are Expensive

March 20, 2020 20:59 - 22 minutes - 20.8 MB

Welcome to the Making Margin podcast! Greenway’s team is here to discuss common financial mistakes and to help you navigate them.  Meet the voices behind Making Margin: Nick Allie   Jeff Drew Today’s topic is all about the cost of having and raising kids: The estimated cost of raising a child from birth through age 17 is $233,610 -- or as much as almost $14,000 annually, the Department of Agriculture says. That’s the average for a middle-income couple with two children. It’s a bit mor...

Buying vs. Renting

March 04, 2020 18:09 - 31 minutes - 28.4 MB

Welcome to the Making Margin podcast! Greenway’s team is here to discuss common financial mistakes and to help you navigate them.  Meet the voices behind Making Margin: Nick Allie   Jeff Drew Today’s topic is all about buying a home vs. renting a home. Last week the updated S&P CoreLogic Case-Shiller home price index came out showing the change in home values for 20 major urban areas. Charlotte is one of the 20 cities listed, and over the last year had the third biggest home-price gai...

Investing is Boring

February 13, 2020 16:44 - 30 minutes - 28.1 MB

Welcome to the Making Margin podcast! Greenway’s team is here to discuss common financial mistakes and to help you navigate them.  Meet the voices behind Making Margin: Nick Allie   Jeff Drew Today’s topic is why investing should be boring. We take a broad look at what we believe investing should look like and why. Discussion Topics: How we design a portfolio for our clients How we use decades of historical data to guide our investment process A 2016 study by S&P Dow Jones Indices ...

Pre-Marital Financial Planning - Part 2

January 24, 2020 18:07 - 33 minutes - 30.2 MB

Welcome to the Making Margin podcast! Greenway’s team is here to discuss common financial mistakes and to help you navigate them.  Meet the voices behind Making Margin: Nick Allie   Jeff Drew Special Guest: Blake Edwards Today’s topic is all about premarital financial planning. Our special guest, Blake Edwards, is recently engaged and came to the table with questions that span from combining bank accounts to when to buy a house. Discussion topics: Possible tax benefits of being marr...

Pre-Marital Financial Planning - Part 1

January 10, 2020 21:19 - 25 minutes - 23.7 MB

Welcome to the Making Margin podcast! Greenway’s team is here to discuss common financial mistakes and to help you navigate them.  Meet the voices behind Making Margin: Nick Allie   Jeff Drew Special Guest: Blake Edwards Today’s topic is all about premarital financial planning. Our special guest, Blake Edwards, is recently engaged and came to the table with questions that span from combining bank accounts to when to buy a house. Discussion topics: How to handle two inconsistent inco...

Cash Money

December 27, 2019 16:21 - 30 minutes - 27.8 MB

Welcome to the Making Margin podcast! Greenway’s team is here to discuss common financial mistakes and to help you navigate them.  Meet the voices behind Making Margin: Nick Allie   Jeff Drew Today’s topic is all about cash: What’s the right amount to hold? Where should it be held? What should I do if I have too much? What should I do if I don’t have enough? What’s the difference between saving and investing? How come so few people know this stuff? Take Away: Hold about 3-6 mon...

Never Retire

November 25, 2019 18:20 - 21 minutes - 20 MB

Welcome to the Making Margin podcast! Greenway’s team is here to discuss common financial mistakes and to help you navigate them.  Meet the voices behind Making Margin: Nick Allie   Jeff Today’s topic is retirement: When did the idea of retirement start? What should retirement look like? How do we plan for it? The concept of retirement hasn’t existed for very long, really only since the late 19th century More and more research is forcing us to question this made up 20th century phenom...

Health Insurance/HSAs

November 25, 2019 18:20 - 27 minutes - 25.2 MB

Welcome to the Making Margin podcast! Greenway’s team is here to discuss common financial mistakes and to help you navigate them.  Meet the voices behind Making Margin: Nick Allie   Jeff Today’s topic is health insurance and HSAs: What are some ideas to combat the ever rising cost? Last year, employers spent an average of $15,159 in premiums to cover a family of four, according to an analysis from the Kaiser Family Foundation. In all, that’s an increase of 51% from a decade ag...