In 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 questi…

In 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 o…

In 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 sev…

In 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 …

In 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…

In 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 …

In 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. Retirem…

In 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 Inflat…

In 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 …

In 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 p…

In 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 usin…

In 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 wh…

In 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 ad…

In 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 i…

July 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 la…

July 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 S…

July 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 Finan…