Winning with Money
19 episodes - English - Latest episode: about 1 month ago - ★★★★ - 1 ratingI'm a Ramsey Solutions trained financial coach. My podcast provides you with personal financial education and practical strategies to help you gain control of your finances. You can contact me via email at: [email protected] or schedule a coaching consultation at: www.fettermanfinancialsolutions.com
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Episodes
E17 - Finding the Right Financial Advisor
March 10, 2024 20:00 - 17 minutes - 11.8 MBIn this episode, Mike shares with you some key things to consider when hiring a financial advisor. He’ll break this down into three areas. 1. Why would you need an advisor? 2. He’ll explore some of the popular types of advisors and their credentials that give them the skill-sets and knowledge that could help you. 3. He’ll also share some key questions to ask an advisor should you be on the market for one. Whether you are a do-it-yourselfer with your finances, or you are completely lo...
E16 - Making a Financial Plan
March 04, 2024 23:00 - 12 minutes - 8.65 MBIn this episode, Mike shares with you how to make a financial plan, the steps to develop a plan, key areas of a plan and some tips for keeping it current and relevant. He also adds a worksheet that you can download of the key components of a viable personal financial plan. Your personal financial plan is a comprehensive statement of an individual or couple’s objectives for security and well-being. It has a detailed savings and investing strategy that includes your net worth, cash flow, eme...
E15 - From Financial Stress to Financial Fitness
February 25, 2024 01:00 - 10 minutes - 7.45 MBIn this episode, Mike talks about getting beyond financial stress to financial fitness. He shares some tough facts about how American households are entering a debt trap. We all have experienced financial stress and it can have a negative impact on our lives. There is a way out and it’s by taking actions towards financial fitness. He highlights seven ways to get back on track and reduce the stress. These are things you might already know. Here they are: 1. Living below your means and unders...
E14 - Budgeting 101
February 22, 2024 01:00 - 12 minutes - 8.41 MBIn this episode, Mike talks about the basics of budgeting, what it is, the purpose of budgeting and how to create one for your use. He provides tips on how you can get started on your budget to get control of your finances. Budgeting helps you to see what’s coming in – income; and what’s going out – spending. He provides examples of ways to set up your budget. He also emphasizes that a budget is a tool if used regularly, can pinpoint ways to help you save for goals, get out of debt, establi...
E13 - Building an Emergency Fund
February 07, 2024 19:00 - 7 minutes - 5.55 MBIn this episode, Mike talks about building an emergency fund. He shares some statistics about the struggles people are having with every day expenses. The increasing costs of every day items are making it challenging for many people to juggle being able to buy what they need when experiencing an unexpected emergency that impacts their finances. He shares ideas on how to handle those situations by having a plan in place with an emergency fund. He talks about what that is, how to start one an...
E12 - Resolutions and Goals
February 07, 2024 19:00 - 6 minutes - 4.63 MBIn this episode, Mike talks about resolutions and goals. As we start a new year, we sometimes look at the change of the calendar to a new year as a clean slate to improve our current situation and become a better person. Resolutions are good but sometimes they're not sustainable for a myriad of reasons. He emphasizes the importance of having a plan with SMART goals to ensure that you have a purpose and a way forward for your unique situation. SMART stands for Specific - Measurable - Achieva...
E11 - Thinking about Retirement
August 09, 2022 19:00 - 11 minutes - 7.82 MBIn this episode, Mike talks about the typical stages of retirement, lifestyle and behavioral considerations to think about and the financial hurdles to overcome to have a stress free dream retirement. He emphasizes the importance of having a plan with SMART goals to ensure that you have a purpose and a way forward for your unique situation. Retirement is different for everybody. This is a primer about retirement. In future episodes, he plans to talk about various aspects and planning for a ...
E10 - Winning with Money Moment - Tackling Inflation as an Investor
February 10, 2022 21:00 - 9 minutes - 6.33 MBIn this episode, I delve into some ways we as investors can try to keep pace with and even get ahead of inflation. I talk about five areas to consider for your portfolio such as: 1. Commodities using Exchange Traded Funds (ETFs) 2. Real Estate Investment Trusts (REITs) 3. Staying with Stock Mutual Funds and ETFs for the long term 4. Treasury Inflation-Protected Securities (TIPS) 5. International Bond Funds Thanks for listening and I hope you enjoyed my show. If you could use some co...
E9 - Winning with Money Moment - Tackling Inflation as a Consumer
February 08, 2022 00:00 - 9 minutes - 6.84 MBIn this episode, I talk about inflation, it's impact on us, some background about it, who's responsible for getting it under control from a macro perspective and how we can tackle it in our own economy. I provide six helpful tips: 1. Living within your means 2. Saving money at the gas pump and in the grocery store 3. Planning your meals in advance 4. Cost saving measures you can take in your home 5. Shopping for the deals with the best value at the lowest cost 6. Establishing and maintaini...
E8 - Winning with Money Moment - Beware of Tax Scammers
February 02, 2022 21:00 - 9 minutes - 6.4 MBIn this Winning with Money Moment episode, I discuss tips and ways to avoid the evil schemes of tax scammers. Tax season is here and unfortunately the scammers are here too. I highlight scams in three areas to be aware of and how to fight back if involved in any tax scam. These areas are: 1. Phishing which is a way to get information from you and possibly infect your computer or smartphone with malicious code. 2. Offer in compromise which is a way for scammers to prey and try to tak...
E7 - Investing Basics Series - Choosing a Full Service Broker -vs- a Discount Online Broker
January 29, 2022 03:00 - 14 minutes - 10.3 MBIn this episode, Mike discusses the pros and cons of using a Full Service Broker or an Online Discount Broker. He takes this somewhat mundane topic of choosing a path to investing with some ideas and thoughts to consider when taking the plunge in the market for the purpose of building your wealth. He highlights the key points and advantages of using a full service broker or a discount online broker. He goes in-depth and provides analysis in four areas: 1. Customer service 2. Fees 3. Rese...
E6 - Investing Basics Series - Risk and Return
October 19, 2021 16:00 - 22 minutes - 15.6 MBIn this episode, Mike goes in depth about the dangers of risk and how to manage and mitigate these risks while investing. He covers this topic in four areas: Lack of Knowledge Risk, Stock Market Risk, Portfolio Risk and Scam Risk. In his recap he also explains risk tolerance and risk capacity and how important it is to know about those areas and why even with all these risks, the best place to build wealth is in the stock market. Mike is looking for recommendations for future topics to g...
E5 - Investing Basics Series - Getting Started
September 18, 2021 13:00 - 24 minutes - 16.6 MBIn this episode, Mike opens up a new chapter in his podcast by starting an "Investing Basics Series" to help investors of all stripes get a good foundation on what investing is and how to do it with success. Six key takeaways from today's episode: 1. Get educated, establish a plan that includes short and long term goals and enlist the help of an advisor where needed. 2. Save and invest early and often. It's the time in the market, not market timing that will help you build wealth. 3. P...
E5 - Investing Basics Series - Getting Started and Terminology
September 18, 2021 13:00 - 24 minutes - 16.6 MBIn this episode, Mike opens up a new chapter in his podcast by starting an "Investing Basics Series" to help investors of all stripes get a good foundation on what investing is and how to do it with success. Six key takeaways from today's episode: 1. Get educated, establish a plan that includes short and long term goals and enlist the help of an advisor where needed. 2. Save and invest early and often. It's the time in the market, not market timing that will help you build wealth. 3. P...
E4 - Millionaire Mindset
August 10, 2021 01:00 - 14 minutes - 9.95 MBIn this episode, Mike helps you dream big about being a millionaire and how to become one if you choose to. He talks about two books on this subject: Everyday Millionaires by Chris Hogan and the Next Millionaire Next Door by the father and daughter team of Dr. Thomas Stanley and Dr. Sarah Stanley Fallaw. Both books unpack the interesting insights into the lifestyles, behaviors and jobs held by the typical millionaire today. Mike uncovers some common myths, facts and statistics about how mi...
E1 - Getting Your Financial House In Order
July 13, 2021 18:00 - 11 minutes - 8.12 MBJuly 2021 Show summary: Welcome to the Winning with Money podcast. Although I get support from the Ramsey Solutions team, I'm on my own with my business in financial coaching. My goal as a financial coach and with this podcast is to provide you with simple, practical strategies to help you gain control of your finances. Each episode will usually last between 10 and 15 minutes. Just enough time to get the basics out to you to put some of my topic ideas into practice. I'll roll out a new po...
E3 - Financial Scams
July 13, 2021 18:00 - 14 minutes - 10 MBJuly 2021 Show Summary: My goal as a financial coach and with this podcast is to provide you with simple, practical strategies to help you gain control of your finances. Some future topics will include: Developing a Millionaire Mindset, Baby Boomer Basics, Learning How to Invest, and many more as my show gains traction. Today's topic is Financial Scams. In today's episode, Mike talks about the bad news of the dark side of money, some popular types of scams that scammers love to trick us w...
E2 - Your Financial Foundation With The Ramsey Solutions Baby Steps Plan
July 13, 2021 16:00 - 12 minutes - 8.75 MBJuly 2021 Show Summary: My goal as a financial coach and with this podcast is to provide you with simple, practical strategies to help you gain control of your finances. Some future topics will include: Financial Scams, Developing a Millionaire Mindset, Baby Boomer Basics and many more as my show gains traction. Today's topic is Building Your Financial Foundations with the Ramsey Solutions Baby Steps Plan. Mike will share the Ramsey Solutions Seven Baby Steps Plan with you and how tha...
E2 - Your Financial Foundation With The Ramsey Solutions Baby Steps Plan
July 13, 2021 16:00 - 12 minutes - 8.75 MBJuly 2021 Show Summary: My goal as a financial coach and with this podcast is to provide you with simple, practical strategies to help you gain control of your finances. Some future topics will include: Financial Scams, Developing a Millionaire Mindset, Baby Boomer Basics and many more as my show gains traction. Today's topic is Building Your Financial Foundations with the Ramsey Solutions Baby Steps Plan. Mike will share the Ramsey Solutions Seven Baby Steps Plan with you and how tha...