Military Money Show: Recent Episodes
Lacey Langford
The Military Money Show is the podcast that helps U.S. Servicemembers, Veterans, and their spouses make, save, invest and spend money wisely. Host, Lacey Langford interviews inspiring guests on personal finance, investing, entrepreneurship, debt, insurance, military life plus and a whole lot more.
Military and veteran benefits can have a major impact on your finances, but finding them is not always easy. The information is spread across federal agencies, states, counties, and different programs, which means you may qualify for something without ever realizing it exists.
In this episode, Jackson Jerdee and I talk about why he created Benefitry, an app designed to help members of the military community identify benefits they may qualify for. We also discuss some of the benefits people commonly overlook, how the app keeps track of changing information, and why even longtime veterans may want to take another look at what is available to them.
Jackson is an Air Force veteran who is the founder of Benefitry. He came up with the idea while navigating his own separation. He saw firsthand how many veterans and military families miss out on benefits they earned. His mission is to make sure no one who served leaves behind what they earned.
For more information, visit the full show notes at https://milmo.co/podcast/military-veteran-benefits
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Four hundred episodes is hard for me to take in fully. I'm proud of reaching this milestone. I love this show, I love the people I get to talk to, and I love helping the military community. But reaching 400 episodes has also made me realize how much more I want to do. What I have now isn't something I would have imagined when I began. I have a show I care deeply about, a community I am honored to serve, and the opportunity to talk with people every week who are generous enough to share their knowledge, experiences, and stories.
In this episode, I'm sharing some of the biggest lessons the MILMO Show has taught me about money, success, business, military life, and what it means to keep going and growing.
For more MILMO, follow at: https://MILMO.co ItsMILMO on YouTube @itsmilmo on X @itsmilmo Instagram @itsmilmo LinkedIn @itsmilmo Facebook
The things we have cost money. And the care and attention we give them matter to our bottom line more than we realize.
Today's episode isn't exactly about money, but it's also not not about money. It's about door thresholds and more.
In this episode, I'm talking about one of the easiest ways to save money that has nothing to do with earning more or spending less. It has everything to do with taking care of the things you already own.
For more information, visit the full show notes at https://milmo.co/podcast/taking-care-of-your-stuff-saves-money
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This episode is a little different than what I normally do.
I love interviewing guests and sharing their stories and expertise, but sometimes life has a way of changing your plans. Over the last few weeks, I've had one of the hardest experiences I've ever gone through as a parent, and honestly, I haven't felt like talking.
I went back and forth on whether I should record this episode at all. But as I started processing everything that had happened, I realized there was a lesson I could share that illustrates why we save for emergencies, why insurance matters, and why financial preparation isn't about expecting the worst. It's about giving yourself the ability to focus on what matters most when life takes an unexpected turn.
So today, I want to share a personal story and one financial lesson I hope you'll never have to learn the hard way.
For more information, visit the full show notes at https://milmo.co/podcast/emergency-expenses-family-emergency
You can reach out to me at: https://MILMO.co ItsMILMO on YouTube @itsmilmo on X @itsmilmo Instagram @itsmilmo LinkedIn @itsmilmo Facebook
A lot of military entrepreneurs know they need to market their business, but it can be hard to know what is actually worth your time and money.
In this episode, Aaron Tellier shares how service members, veterans, and military spouses can approach marketing in ways that drive revenue rather than just create more work. We talk about how to stop wasting money on random marketing and start building a revenue-focused strategy. He shares what to fix first, what to track, and when it makes sense to hire help.
Aaron is a former Naval Academy graduate, officer, serial entrepreneur, and chief marketing officer with decades of experience helping businesses grow. He currently serves as Managing Partner and Chief Revenue Officer at The Volute Group and is the founder of Ignite Studio.
For more information, visit the full show notes at https://milmo.co/podcast/marketing-strategies-grow-revenue-military-entrepreneurs
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A military move comes with orders, packing, paperwork, timelines, and a lot of stress. But for some service members, a Personally Procured Move, also known as a PPM or DITY move, can be a way to take more control and potentially make money.
In this episode, Lt Col Jonathan "Peso" Clason shares how he and his family completed two full PPM moves, what he learned, and why planning, paperwork, weight tickets, and teamwork matter so much.
Peso is an active-duty Air Force officer, pilot, commander, instructor, husband, dad, and experienced full PPM mover.
He shares how far out he starts planning, which costs to watch, which mistakes to avoid, and how to decide whether doing your own move is worth it.
For more information, visit the full show notes at https://milmo.co/podcast/make-money-on-a-ppm-move
Leaving the military does not always come with a perfectly mapped-out plan. Sometimes the next step is a stepping stone. Sometimes it opens doors you didn't even know existed, and sometimes it leads you to build something completely new.
In this episode, I'm talking with Sinon Bennett, a former Navy submarine officer who went on to work in private banking at J.P. Morgan before co-founding Wavvest, a fintech company helping modernize advisor operations and financial planning through AI and technology.
Sinon shares what the Navy taught him about problem-solving, how private banking exposed him to a whole new side of money and business, and what it really took to move Wavvest from an idea to a company with paying customers. We also talk about customer discovery, finding the right co-founder, hearing no, knowing when to pivot, and why service members need to think about their financial runway if they want to build something after military service.
For more information, visit the full show notes at https://milmo.co/podcast/building-fintech-company-after-military-service
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We hear the word "networking" all the time, especially around military transition, career growth, and business. But building real partnerships is different. It's not about collecting contacts, pitching yourself, or asking people for favors. It's about building trust, adding value, and creating relationships that help people move forward together.
In this episode, Katherine Torres-Pummill shares what strong partnerships actually look like and how they can help service members, veterans, and military spouses grow their careers and businesses. We talk about why transition can feel lonely, how to put yourself out there, how to ask for help without feeling awkward, and what to watch for when money, brands, or sponsorships become part of the conversation.
Kathy is the General Manager of Recurrent Military and a military spouse. She oversees the execution of Recurrent Military and its brands, including Task & Purpose, We Are The Mighty, Military Influencer Conference, and MilSpouseFest. She brings both executive leadership and lived experience to this conversation about community, connection, and building something that lasts.
For more information, visit the full show notes at https://milmo.co/podcast/build-partnerships-career-business
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Annuities are among the financial products that can spark a lot of strong opinions. Some people love them, while some people warn everyone to stay far away from them. A lot of people are stuck somewhere in the middle, trying to figure out what an annuity actually is, what it does, and whether it makes sense for their situation.
The hard part is that annuities come with a lot of jargon, fees, surrender charges, and sales language that can make them hard to understand. And when you're making decisions with retirement money, your TSP, a pension, or other savings, confusion can get expensive fast.
In this episode, Tracy Lownsberry, founder of Annuity Giants, Army veteran, and annuity expert, breaks down annuities in plain English. We talk about what annuities are, the problems they're designed to solve, who they may or may not be right for, what military families should consider, and the red flags to watch for before buying one.
For more information, visit the full show notes at https://milmo.co/podcast/annuities-explained-without-the-sales-pitch
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Sometimes, the reason money feels tight is not that you're bad with money. Sometimes your money just needs more structure.
In this solo episode, I'm talking about financial discipline and why it is not about shame, perfection, or taking all the joy out of your life. It is about giving your money direction, keeping small promises to your future self, and creating enough structure so your paycheck does not disappear before you know it. I also share simple ways to build more discipline with your money,
For more information, visit the full show notes at https://milmo.co/podcast/youre-not-broke-you-need-financial-discipline
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Military retirement comes with some big financial decisions, but few create stronger opinions than the Survivor Benefit Plan. Some people believe SBP is essential protection for military spouses. Others say you're better off declining it and buying term life insurance instead.
In this episode, retired Army officer and Certified Financial Planner™ Kyle Packard breaks down the Survivor Benefit Plan, how it compares to term life insurance, and why this decision is about more than just cost.
We're talking about the true value of a military pension, the protection gaps families often overlook, how military marriage and retirement transitions can impact this decision, and practical ways couples can think through what level of protection is right for their family.
For more MILMO, follow at: https://MILMO.co ItsMILMO on YouTube @itsmilmo on X @itsmilmo Instagram @itsmilmo LinkedIn @itsmilmo Facebook For more information, visit the full show notes at https://milmo.co/podcast/sbp-vs-term-insurance-military-retirement
Memorial Day is one of those days I never want to rush past, but I also never feel like I have the right words for it.
In this special solo episode of the MILMO Show, I'm taking a moment to reflect on the meaning of Memorial Day, the men and women who died in service to our country, and the families who carry that loss every day.
This isn't about having a perfect message. It's about remembering well, honoring the cost of freedom, and carrying the day with gratitude, humility, and respect.
People often assume Guard and Reserve finances work the same way as active duty, but they don't. The income can be inconsistent, benefits can be confusing, and transitions on and off orders can create financial stress that catches families off guard.
In this episode, Accredited Financial Counselor® and military spouse Terri Bailey shares real-world insight into the financial realities Guard and Reserve families face and what service members can do to better prepare for the unexpected.
We're talking about the hidden financial risks of Guard and Reserve life, the most common money mistakes service members and spouses make during transitions, and practical ways to build a stronger financial foundation in the middle of uncertainty.
For more information, visit the full show notes at https://milmo.co/podcast/guard-and-reserve-finances
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Life in the military is full of change. PCS moves, deployments, and leaving the service can all come with a long list of decisions and a lot of pressure to make them quickly. In those moments, even smart, disciplined people can make financial choices that quietly set them back.
In this episode, I talk with Stacy Miller about why money mistakes tend to happen during life transitions and how to navigate those moments with more clarity and confidence. We get into what's really going on behind those decisions, the most common traps to watch for, and simple ways to slow down and make better choices, even when life feels overwhelming.
Visit the full show notes at https://milmo.co/podcast/life-transitions-derail-your-finances
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A lot of financial advice is built for people with steady careers, predictable income, and easy access to financial services. That's not the reality for many service members and veterans. And it creates gaps that can lead to costly mistakes and missed opportunities.
In this episode, Dr. Chet Bennetts, Department Chair and Associate Provost at The American College of Financial Services and Marine veteran, shares where the system falls short and how it impacts the military community.
We get into why access to quality advice is still a challenge, how stress and life transitions shape financial decisions, and what both professionals and service members need to understand to navigate it better.
The show notes can be found here: https://milmo.co/podcast/financial-industry-gets-wrong-about-veterans
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Money can start to feel like an either-or decision. Either you're doing the "right" thing and saving, or you're enjoying your life and spending. And for a lot of people, that tension never really goes away, especially when everything feels more expensive right now. That's why I wanted to bring this episode back.
Here is the encore airing of Finding Your Financial Yin and Yang, a solo episode that's all about finding balance with your money, without guilt, extremes, and without feeling like you're always getting it wrong. It's a basic idea, but one that can completely change how you think about saving, spending, and what "doing well" with money actually looks like.
Money decisions can feel a lot heavier in military life. Between deployments, PCS moves, and the uncertainty that often comes with service, it's easy for stress, fear, and past experiences to shape how you spend, save, or avoid money altogether.
In this episode, Tyler West and I discuss why money feels so emotional and how financial therapy can help. We get into how past experiences influence money habits, how stress can show up in financial decisions, and ways military families can start having healthier conversations about money.
Tyler is an Army veteran, financial planner, and financial therapist who works with military and veteran families. Tyler brings both professional expertise and lived military experience to this conversation, helping break down the emotional side of money in a practical, relatable way. https://milmo.co/podcast/financial-therapy-military-life
There's a VA benefit available to eligible SGLI and VGLI survivors that almost no one seems to know about. It's the Beneficiary Financial Counseling Service. It gives free financial planning during one of the hardest times a military family can face, yet too many people miss it entirely.
In this episode, Certified Financial Planner Brian O'Neill and I, are talking about what this benefit is, who it's for, where the process is breaking down, and why better awareness could help protect survivors from costly mistakes and predatory financial products.
Brian is a retired Air Force Colonel, former F-16 and F-35 pilot, and founder of Winged Wealth Management and Financial Planning. He has worked directly with this program for years, helping survivors navigate major financial decisions. Today, he's sharing what families need to know and how we can help spread the word.
For more information, visit the full show notes at https://milmo.co/podcast/beneficiary-financial-counseling-service
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You can know exactly what you should be doing with your money and still not do it. Maybe you know you need to save more, pay down debt, or finally sit down and plan for retirement. But somehow, life, stress, and emotions get in the way. Sometimes the story you're telling yourself gets in the way.
In this episode, military spouse, Ashley Quamme and I discuss the real reason there's often a gap between knowing and doing when it comes to money. We also talk about the psychology behind financial avoidance, how uncertainty can shape your money behavior, and practical ways to start changing habits that keep you stuck.
Ashley is a Licensed Marriage and Family Therapist, Certified Financial Therapist™, and a Financial Behavior Specialist®. She's the Chief Behavioral Officer for advisory firms and host of the Planning & Beyond® podcast. She helps bridge the gap between financial knowledge and the human side of behavior change.
For more MILMO, follow at: MILMO.co ItsMILMO on YouTube @itsmilmo on X @itsmilmo Instagram @itsmilmo LinkedIn @itsmilmo Facebook For more information, visit the full show notes at https://milmo.co/podcast/why-you-know-what-to-do-with-money
Money decisions are getting harder, not easier. There's more information, more tools, and now, more artificial intelligence telling you what you should do. It can feel like you finally have answers at your fingertips, but that doesn't always mean those answers are right.
In this episode, I'm talking about AI and your money, where it can actually help, where it can get you into trouble, and how to use it without letting it make decisions for you.
For more information, visit the full show notes at https://milmo.co/podcast/ai-financial-advice
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Many in the military community see a problem and feel called to fix it. Maybe it's childcare, employment, or support services. One of the first questions that comes up is: Should this be a nonprofit or a business? The reality is that the decision isn't always clear, and choosing the wrong path can cost you time, money, and momentum.
In this episode, Kayla Corbitt and I discuss how to decide between a nonprofit and a for-profit business, and what it really takes to run a nonprofit. We also talk about the realities of funding and impact, so you can make the right choice before you get started.
Kayla is the Founder and CEO of Operation Child Care Project, a national nonprofit delivering data-informed solutions for military families navigating childcare and support services. She's also a military spouse who has built both a nonprofit and a business, giving her a unique perspective on what it actually takes to create meaningful change. Through her work, Kayla has helped turn real family challenges into practical, community-based solutions, earning national recognition, including Military Spouse of the Year and a spot on the Mighty 25 list of changemakers.
https://milmo.co/podcast/nonprofit-vs-for-profit-what-to-know
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Starting a business can feel empowering, especially if you're looking for control over your earning ability. But a lot of entrepreneurs figure out that instead of building a business that gives them freedom, they've built an extremely demanding job that depends entirely on them.
In this episode, Diana Jaquith shares how entrepreneurs can build a business that has real value beyond the owner. We talk about the financial signals that show whether a business is healthy, and why systems and delegation matter more than most founders realize. We also discuss exit planning and why thinking about the end of your business early can help you build something stronger today.
Diana is a CEO, CFO, angel investor, and Certified Exit Planning Advisor (CEPA). She is the CEO of WISE Advise + Assist Team, a virtual growth agency she founded to empower military spouses and veterans, and a managing partner at Cor Leo Advisors, an exit planning firm. Diana has spent more than fifteen years helping entrepreneurs grow, scale, and prepare their businesses for long-term value. https://milmo.co/podcast/build-a-scalable-business
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A lot of people are curious about investing in individual stocks but were never taught how to do it, and want to learn. But trying to figure out where, how, and when to buy and sell stocks can feel overwhelming. There are charts, numbers, and unfamiliar terms everywhere. Even basic questions like where to open an account, how to fund it, or how to place a trade can feel confusing.
In this episode, we are going to talk about what paper trading is, who it is helpful for, how it can build your confidence in the stock market, and how you can use it to explore individual stock investing while keeping the foundation of your retirement plan exactly where it should be.
https://milmo.co/podcast/paper-trading
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Running a business can feel like emotional whiplash. One minute you're celebrating a win, and the next you're questioning everything. Add in a military transition, a new identity, or the pressure to succeed, and it's easy to tie your worth to outcomes you can't control.
In this episode, I talk with Ken Davenport about how Stoicism gives military entrepreneurs and service members a framework for navigating uncertainty, rejection, and identity shifts.
Ken is a San Diego–based entrepreneur, author, and co-founder of Mission Edge, where he supports nonprofits, social entrepreneurs, and underserved founders. Drawing on decades as a CEO and startup founder, he teaches how ancient virtues can help modern leaders manage emotions, handle rejection, and build resilient, mission-driven work.
For more MILMO, follow at: MILMO.co ItsMILMO on YouTube @itsmilmo on X @itsmilmo Instagram @itsmilmo LinkedIn @itsmilmo Facebook For more information, visit the full show notes at https://milmo.co/podcast/stoicism-for-military-entrepreneurs
I've had a hypothesis sitting in the back of my mind for a while. Buy Now, Pay Later has become normal. Sports betting is legal in more states than ever. OnlyFans subscriptions are private, easy, and a click away. None of these things automatically ruins your finances. But I keep wondering what happens when they start stacking.
In this episode, Josh Bannerman, Marine veteran and Certified Financial Planner, and I pressure-test my hypothesis: are Buy Now, Pay Later, gambling, and subscription spending creating a perfect storm for military finances? Josh breaks down the difference between investing and binary bets, how leverage and small payments eat into your paycheck, what "fun money" should really look like, and how to build discipline without losing your ability to enjoy life.
Josh is a fee-based financial planner and co-founder of the Stacking Benjamins podcast. With over 25 years of experience in financial planning and entrepreneurship, he helps clients create clear plans that balance long-term wealth with real life.
https://milmo.co/podcast/financial-perfect-storm-gambling-military
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Estate planning is one of those things most people know they should do, but it often feels overwhelming, expensive, or easy to put off. Between our busy lives and discomfort around death, even responsible adults delay it far longer than they want to admit.
In this episode, we break estate planning down into what it really is, a practical way to reduce stress for the people you love and make sure your wishes are clear. We talk about when estate planning actually starts, the small steps that matter most, and how to get started without feeling overwhelmed.
My guest is Sasha Grabenstetter, an Accredited Financial Counselor® and financial educator whose work focuses on the intersection of money, behavior, and lived experience.
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Student loans can feel overwhelming. Repayment plans change, headlines create confusion, and it's hard to know what actually applies to your situation or what to do next.
In this episode, student loan expert Robert Farrington breaks down what's really happening with student loans right now, what borrowers need to pay attention to, and how to take strategic action instead of staying stuck. We also talk about his journey building a successful media business from the ground up, what he'd repeat, what he'd change, and what he believes matters most if you want to build something that lasts.
Robert is a student loan expert and the founder of The College Investor, a leading news organization focused on the intersection of personal finance and education.
https://milmo.co/podcast/state-of-student-loans
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Being busy can feel responsible and productive, but if you've ever found yourself working all the time and still wondering why the money doesn't reflect the effort you're putting in, you are in good company.
In this episode, I'm talking about why busy is not a revenue strategy, how easy it is to get pulled into work that feels productive but doesn't actually bring in income, and how to think about the different hats you wear in business, especially when you're building something new, and nothing feels certain yet.
https://milmo.co/podcast/busy-is-not-a-revenue-strategy For more MILMO, follow at: MILMO.co ItsMILMO on YouTube @itsmilmo on X @itsmilmo Instagram @itsmilmo LinkedIn @itsmilmo Facebook
So many people in the military community carry hard-earned knowledge from their careers, side hustles, and lived experiences, but aren't always sure how to turn it into consistent income aligned with their lives.
Here is the encore airing of Transforming Your Knowledge into Profitable Memberships with Stu McLaren, a standout episode that reminds us your expertise has value, and that building something meaningful doesn't have to mean burning yourself out. It's a motivating listen as you reflect on what you know, what you've learned, and what might be possible next.
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Feeling behind can sneak up on you. It's not always about the numbers. It's that constant sense that you should be further along, more caught up, more on top of things than you are. And for military families, that feeling can hit even harder when life keeps moving, whether you're ready or not.
In this episode, I'm sharing a quick financial reset. Not a full overhaul or a long to-do list. Just a steady way to pause, get your footing, and decide what actually deserves your attention right now.
https://milmo.co/podcast/financial-reset
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Saving money is something most people want to do or are already doing, but where that money sits often gets overlooked. A lot of service members and spouses are doing the right thing by spending less than they make and saving money, but your savings might not be working to its fullest potential for you. And that can slow your progress, even when you're trying hard.
In this episode, I'm talking about high-yield savings accounts, what they are, how to choose the right one for your life, and how to maintain it. I'm going to share some strategies you can use and stick with, especially during military life. https://milmo.co/podcast/high-yield-savings-account
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The start of a new year brings a lot of pressure. Pressure to fix everything, do more, be better, and somehow come up with a brand-new version of yourself at the stroke of midnight. And for many military families and others who feel financially or personally behind, that pressure can feel overwhelming instead of motivating.
In this episode, I want to share a more straightforward approach to goals, one that I personally use, especially as I head into 2026. It's not about doing more. It's about creating space, trusting your gut, and taking steady action on the things that will actually bring you peace and joy.
https://milmo.co/podcast/choosing-peace-over-pressure-new-year
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As we close out the year and look ahead to what's possible, this felt like the right moment to revisit a meaningful conversation on the show. Building wealth in the military isn't about quick wins. It's about clarity, confidence, and playing the long game, even when life gets unpredictable.
Here is the encore airing of Building Wealth for Military Families with Jerry Quinn, one of my top episodes of 2025 and a powerful reminder that consistent, values-driven decisions can shape a strong financial future. A fitting note of inspiration as we head into 2026. https://milmo.co/podcast/building-wealth-for-military-families
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Most of us spend years chasing success without ever stopping to ask what "living well" really means. We talk about building wealth or hitting financial milestones, but often overlook the two resources that matter most: our time and our health.
In this episode, Navy pilot Zach Rodriguez shares about how a near-fatal helicopter mishap pushed him to rethink everything from what success looks like to how we care for our bodies and our finances. Zach shares the journey that led him from aviation to helping people align their money with their well-being.
https://milmo.co/podcast/purposeful-financial-planning
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For many veterans, the hardest part of leaving the military isn't the transition, it's figuring out what to do with the physical and mental wear-and-tear of service. Too many walk away without documenting injuries, without understanding the claims process, or believing they don't "deserve" benefits because someone else had it worse. But overlooking a VA disability claim can affect your health, your income, and the opportunities you.
In this episode, Jex Roach, a Marine Corps veteran, Army spouse, financial counselor, and founder of FinanciFI Coaching shares practical guidance to help veterans move from uncertainty to financial and personal stability. We talk about how VA disability really works, why the process is more legal than medical, and what to do when you receive back pay or have delays that create financial stress.
Show notes can be found here: https://milmo.co/podcast/va-disability-claim
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The financial risks facing service members today look nothing like they did 10 or 15 years ago. There used to be real barriers. A literal base gate stood between you and companies that didn't have your best interests at heart. Commanders could keep bad actors out. The Department of War could set policies and say "nope, not on installations." But that world is gone.
Today, the enemy isn't standing at the gate trying to get in. The enemy is already in your pocket. It's in your phone, your apps, and the ads. It's also the algorithms, the late-night scrolling, and the "veteran-recommended" investment opportunities that sound legit but are, in most cases, not.
In this episode, I'm talking about why service members and military spouses must take ownership of their financial safety in a world where financial predators don't need physical base access anymore, and how you can build your own gate since the old one doesn't exist.
https://milmo.co/podcast/protect-your-money
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Most people think about taxes one stressful season at a time, but that mindset can cost you opportunities. Especially if you're in the military, planning for early retirement, or navigating years when your income swings up and down. When you don't understand how the rules work across your whole financial life, it's easy to miss out on the strategies designed to help you keep more of what you earn.
In this episode, tax expert and financial planner Sean Mullaney breaks down the difference between annual tax prep and true lifetime tax planning. We talk about how early retirement opens unexpected tax advantages, why "the compelling three" savings tactics matter, where Roth conversions actually make sense, and when they don't. Also, how military-specific situations like pensions and combat-zone income change the equation. https://milmo.co/podcast/lifetime-tax-planning
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Too many service members begin their careers already on their heels, navigating debt and financial confusion. And for many, lack of early financial readiness awareness doesn't just stress their wallets, it limits their options.
In this episode, retired Army Colonel Michael Tremblay shares what he witnessed across the full spectrum of service, from onboarding new recruits to transitioning soldiers after decades in uniform, and why financial freedom is one of the most powerful readiness tools a service member can have.
https://milmo.co/podcast/financialreadiness-from-day-one For more MILMO, follow at: MILMO.co ItsMILMO on YouTube @itsmilmo on X @itsmilmo Instagram @itsmilmo LinkedIn @itsmilmo Facebook
The holidays can be a special time full of connection with coworkers, friends, and family, but they can also be a season when money feels out of control. Between travel, gifts, parties, food, and "just one more present" moments, it's easy for two months of spending to undo months of progress. For many military families, the pressure hits even harder with long travel distances, family expectations, and the feeling that memories have to come at a price tag.
In this episode, I'm breaking down how to prepare for the holiday season in a way that keeps your financial goals front and center, so you can enjoy all the celebrations going into debt or starting the New Year stressed out and behind.
https://milmo.co/podcast/holiday-spending-tips
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Veterans are built different. We've learned to push when others quit, to focus on the big picture instead of getting caught up in small stuff, and to adapt when things change. We've mastered discipline, resilience, and teamwork —the same qualities that drive financial success.
In this episode, I'm breaking down why veterans have what it takes to rule the world—financially speaking. Because when you combine our strengths with the resources and benefits available to us, the path to financial freedom becomes shorter, smarter, and stronger. Veterans already know how to make short-term sacrifices for the greater good, and that gives them a huge advantage in building wealth.
https://milmo.co/podcast/veterans-should-rule-the-world
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In this episode, we revisit the timeless lessons from The Millionaire Next Door, how ordinary habits create extraordinary wealth, and explore the difference between managing money day to day and truly planning for the long term. Kirk also shares practical guidance on paying off debt, saving for the future, and building flexibility into your financial life, especially for military families facing uncertainty.
Kirk Kinder, Director of Financial Planning at Bastion Fiduciary, a fee-only financial planning firm built on the military ethos. Kirk's path to finance started in the U.S. Coast Guard, took a detour through The Motley Fool, and eventually led him to help others chart their financial course.
https://milmo.co/podcast/learn-from-the-millionaire-next-door
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Right now, there's a lot of anxiety, confusion, and information floating around. The U.S. government has been shut down since October 1st, and we're now in the last week of the month. It's one of the longest shutdowns in modern U.S. history.
If you've been feeling uneasy or just plain tired of the uncertainty, you're not alone. It's totally normal to feel that way. But there's also good news and today, I want to help you focus on that. In this episode, I'm breaking down what's really going on with the government shutdown, what it is, why it's happening, and how it's impacting military pay and benefits.
We'll talk about what's open and what's not, what you can do if pay is delayed on November 1st, and where you can find real help right now. And because this show is all about uplifting others, not panic, I'm also sharing steps you can take to stay on track financially, protect your credit, and support one another. https://milmo.co/podcast/government-shutdown-military-pay-benefits-2025
Life is so precious, and I'm squeezing my family a lot tighter this week. Last week, I lost my grandmother. I'm recording this on the morning of her funeral, as I get ready to celebrate her life and say goodbye.
I feel incredibly blessed that she lived to be over 98 years old and that I was able to spend so much time with her. And even more thankful that I was able to sit down and record this conversation with my Grandmother. Having her voice, her stories, and her laughter captured in this episode is something I'll cherish.
When I meet listeners in person, this episode is something people frequently mention. It's a special episode for me, and I wanted to share it again, both for those who've never heard it and for those who loved it the first time.
Here's the encore airing of My Grandma's Story, originally released on March 22, 2021.
We're diving into investing with Cale Smith, founder and CEO of Bastion Fiduciary, a veteran-led fee-only RIA, and portfolio manager for the Bastion Energy Fund, an actively managed ETF. As a graduate of the U.S. Coast Guard Academy, Cale brings a unique perspective shaped by both military service and decades in finance.
In this episode, he explains what a portfolio manager really does, the differences between ETFs, mutual funds, and index funds, and why most investors are better off keeping things simple. We also talk about leadership in investing, the biggest mistakes military families make with money, and why having a framework is essential for long-term success in the market.
Show notes can be found here: https://milmo.co/podcast/investing-with-discipline-for-military-families
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Do you know what it takes to lead when the uniform comes off? My guest is Mark Tilsher, a 21-year veteran of the Air Force who has dedicated his career to developing resilient leaders across military, corporate, and community settings.
In this episode, Mark shares how veterans can adapt their leadership to the civilian workplace, avoid common pitfalls, and use their skills to thrive in their careers. We also discuss his personal financial journey from $97,000 in debt to debt-free and the lessons he learned along the way about risk, resilience, and family. https://milmo.co/podcast/building-high-performing-teams
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Have you ever stood in line for something free and realized it actually wasn’t worth it? That moment sparked today’s guest, Army veteran and financial planner Rob Moore, to develop a simple but actionable framework he calls flipping the value. Rob is the founder of Everman Prosperity, where he helps military families and those in transition make confident financial decisions. In our chat, we discuss how flipping the value works in everyday life, from outsourcing chores to buying cars to choosing experiences over stuff, and why this perspective can help you avoid guilt, cut down on regret, and actually enjoy your decisions. We also dig into financial planning challenges unique to the military community, like the TSP, liquid savings, and preparing for retirement with confidence. Don’t miss the end, we wrap things up with some fun trivia in honor of Rob’s career as an Army percussionist. https://milmo.co/podcast/flipping-value
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This episode is for every military spouse and veteran who’s ever wondered how to earn income on your own terms around military life. My guest, Melissa Broughton, is the creator of The 1-Hour Bookkeeper and founder of Busy Bee Advisors. She’s on a mission to help military spouses launch bookkeeping businesses that fit their lives —flexible hours, work from anywhere, and with the potential for a six-figure income.
Melissa shares her personal story of walking away from corporate burnout, why bookkeeping is a hidden gem of a business, and how anyone, even with zero experience, can learn the skills in just weeks. We’ll talk about freedom, flexibility, and building a business that works around your life, not the other way around. https://milmo.co/podcast/side-hustle-bookkeeping
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Welcome to this special episode of the MILMO Show! Today’s my birthday, and I’m celebrating by doing something I love—talking business, family, and protecting what you’ve worked hard to build. And I get to do it with my cousin, Mark Flanigan.
Mark is an intellectual property lawyer with experience spanning startups to Fortune 500 companies. His work has spanned patents for medical devices, trademarks for global brands, and volunteer advocacy on behalf of veterans. He’s also an Army brat who now calls Switzerland home.
In this episode, we dig into the world of trademarks—what they are, why military service members, veterans, and spouses should care, and how to avoid costly mistakes when naming or branding your business. Plus, we swap a few family stories, because it’s my birthday, and you know I’m going to have some fun.
So if you’ve ever wondered whether your business name is truly protected, or what you can and can’t use when it comes to military terms and logos, you’re in for both practical wisdom and a good laugh in this episode.
https://milmo.co/podcast/trademarks-for-small-business
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Budgeting is one of those words that makes a lot of people squirm but it doesn’t have to. In this episode, I sit down with Zach Whelchel, founder of My Budget Coach, to talk about the method that gave him (and so many others) true financial clarity, which is zero-based budgeting. Zach breaks down what it is, why it works for both steady and variable incomes, and how couples can actually turn it into a shared vision instead of a source of stress. https://milmo.co/podcast/zero-based-budgets
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We’re diving into the world of geofencing with Navy veteran and entrepreneur Chris Seminatore. Chris is the founder of Get Geofencing, a company that helps businesses, from car dealerships to government contractors, use location data to put their ads in front of the right people.
He shares how geofencing works, what it costs, and why it’s a tool that even small businesses and military spouses can use to grow their brand. We also talk about his own transition from military intelligence to marketing, how discipline helped him face imposter syndrome, and the lessons he’s learned from building multiple startups.
https://milmo.co/podcast/geofencing
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There’s something that's quietly stealing joy from the military community and millions of Americans every single day. It’s something that has completely warped our understanding of what financial success looks like.
In this episode, I’m breaking down how social media is impacting people’s financial lives and sharing why getting back to basics isn't just smart, it's essential for our mental health and financial well-being.
https://milmo.co/podcast/true-financial-success
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Starting a business is hard enough, but starting one with a mission bigger than turning a profit can feel like navigating a battlefield. The obstacles are real, like cash flow challenges or forces beyond your control, but so are the rewards when your work changes lives.
In this episode, we’re talking about what it takes to build a business that stands for something. Matt “Griff” Griffin, West Point graduate, Army Ranger, and co-founder of Combat Flip Flops, shares how he transformed lessons from special operations into a global brand manufacturing products in conflict and post-conflict zones. You’ll hear the hard truths about bootstrapping, the difference between nonprofit and for-profit mission-driven models, and why “fail cheap, learn fast” might be your best strategy for impact. https://milmo.co/podcast/mission-driven-business
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When your military career ends, the mission doesn’t, but figuring out what’s next, or what truly lights you up, can be one of the hardest transitions. It’s not just about finding a new job. It’s about rediscovering what matters most and learning how to fund the life you want, not the one you think you’re supposed to have.
In this episode, Omen Quelvog and I discuss values-first financial planning. Omen shares what it is, why it matters, and how it can help you and your family navigate life after service with intention. You’ll hear how to rethink your next chapter, what abundance really means, and why military retirees might be more financially ready than they realize.
Omen is the founder of Formynder Wealth Management, a fee-only financial planning firm helping military families build purpose-filled lives after service. A retired Marine Corps officer with 25 years of service, he holds the Military Qualified Financial Planner® designation and is a candidate for CFP® certification.
https://milmo.co/podcast/values-first-financial-planning
02:15 – Why values first financial planning matters for military families 04:10 – Starting with your “why” before creating a financial plan 06:02 – Common money challenges during the transition to civilian life 08:15 – How defining your “North Star” shapes every financial decision 10:05 – The emotional side of money and why it’s often overlooked 12:20 – Real-life examples of aligning spending with values 14:05 – The role of intentional trade-offs in living your ideal life 16:12 – How to filter out distractions and stay focused on priorities 18:30 – First questions to ask if you’ve never done values-based planning 20:45 – Bridging the gap between short-term needs and long-term goals 23:00 – Why flexibility is key in military-to-civilian transitions 25:12 – Building resilience through purpose-driven financial choices 27:05 – How this approach strengthens family relationships 29:15 – Final advice for living with clarity and intention
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Too many people wait until they’re just a few years from retirement to start asking the big questions, like Can I afford to stop working? And what if my spouse isn’t retiring yet? The truth is, preparing for retirement isn’t just about portfolios and percentages. It’s about aligning your finances with your life.
In this episode, Jeff Panik shares the common mistakes people make before retirement and offers advice on how to avoid them. He talks about why inventorying your financial life matters, what conversations couples should be having, and why testing your retirement lifestyle before you actually retire can be a game-changer.
Jeff is the Founder of Balance Wealth Partners and a financial advisor with over 25 years of experience. A U.S. Army veteran and first-generation college graduate, Jeff combines disciplined insight with deep empathy to help pre-retirees navigate the complex landscape of Social Security, Medicare, income planning, and succession strategy. His firm was founded on a simple mission: to help people live well today while preparing wisely for tomorrow.
Jeff’s approach is rooted in life experience, from paying off student loans through military service to building a career that demystifies money for others. He believes financial advice should be practical, transparent, and deeply human. He is the author of Your Future Is Now, a personal finance guide for young adults, and is set to release his upcoming book for pre-retirees. His work reflects a deep commitment to fostering financial literacy for all generations. When he’s not advising others, Jeff enjoys traveling, spending time with his family, and following sports— especially from his home base in Sandy Springs, Georgia. 06:05 – The #1 mistake people make 5–10 years before retirement 08:30 – Is the “perfect portfolio” really the goal? 10:35 – Why taking a “financial inventory” is a retirement game-changer 12:10 – What to do if you're not naturally organized with money or documents 13:30 – The surprising truth about hobbies and moving in retirement 14:45 – Couples and retirement: how to navigate different timelines 16:25 – Important financial conversations to have before marriage 18:00 – Perception vs. reality: social media and financial stress 19:57 – Why mentorship and storytelling matter in personal finance 23:15 – What retirees often overestimate—and what they underestimate 24:49 – The very first move to make if you haven’t started retirement planning 27:30 – Retirement and health: why you can’t afford to wait 29:22 – Jeff’s favorite tools, including how he uses AI for planning 31:36 – The book that shaped Jeff’s financial philosophy 33:15 – Game Time: “Is It Real?” – Jeff faces off with banana museums and reverse zoos
https://milmo.co/podcast/retirement-mistakes-to-avoid
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Losing a spouse changes everything, emotionally, mentally, and financially. But while grief is often discussed, the money struggles that come with it are rarely part of the conversation, or just grief in general. From paperwork and decisions to pressure and overwhelm, surviving spouses are often expected to figure it all out. In this episode, Certified Financial Planner and Air Force veteran, Daniel Kopp, talks about the financial side of grief, what widows and widowers really face after loss, the emotional weight behind every decision, and how to find stability when your world feels upside down. He shares both his personal experience and professional insights on navigating life after loss.
Daniel Kopp, MA, MS, CFP ®, is a fee-only financial planner, financial therapist, and founder of Wise Stewardship Financial Planning, where he helps young widows and widowers as well as military members organize their financial lives by aligning money with their deeply-held values.
He leverages his experiences as a widower and Air Force veteran to offer a deeper level of engagement and connection with his clients. He is also an XYPN and NAPFA member, as well as being a founding board member of the Military Financial Advisors Association (MFAA). Daniel’s education includes his undergraduate with a BS in Economics from Purdue University with highest distinction, an MA from American Military University, a Graduate Certificate in Financial Therapy and an MS in Personal Financial Planning from Kansas State University (KSU). He has been published in the Journal of Financial Therapy for his research on working with widows dealing with money avoidance. https://milmo.co/podcast/life-after-loss
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Military life comes with lots of transitions and career decisions are a big one, especially for spouses navigating remote work, PCS moves, and family schedules. A big decision many milspouses face is whether to stick with the stability of a W-2 job or switch to the flexibility and income potential of 1099 contract work.
In this episode, I’m answering a listener's question from Holly about whether she should leave her W-2 remote job and take on 1099 work instead. I’ll break down the pros and cons of each path, especially for military families, including taxes, benefits, portability, and peace of mind so you can weigh your own decision with more clarity and confidence. https://milmo.co/podcast/listener-question-1099-career-switch
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Veteran homelessness is a heartbreaking reality that still exists in communities across the country. While many of us want to help, it can be hard to know where to start, or feel like what we can give really makes a difference.
In this episode, Tom McLean and I are talking about how small, everyday actions can add up to real change for veterans in need. We talk about the current crisis of veteran homelessness, what meaningful support looks like, and how anyone, military or civilian, can take action that matters.
Tom serves as Senior Vice President and Military Retail Executive for Armed Forces Bank, having worked for the company for 17 years. He is responsible for sales, business development and financial outreach at military banking locations around the country. He spends time focused on Associate development, coaching, marketing, business development, financial education initiatives, supporting installation activities and community outreach. https://milmo.co/podcast/veteran-homelessness
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Taking the oath and raising your right hand is a big moment. For many of us, it’s one we never forget. But imagine if you could hand your younger enlisted or officer self a letter on that day. A letter full of the wisdom, hard work, and growth that military life and life itself were going to teach you.
In this episode, I’m doing just that. This is a letter I would have given to my 19-year-old self on the day I swore into the U.S. Air Force. I hope it resonates with you or someone you love who’s just starting out. https://milmo.co/podcast/younger-enlisted-self
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There’s a quiet shift happening in the way we spend money and it’s costing us more than we realize. Small payments, auto-splits, and “buy now, pay later” options have become the new normal, and while they seem harmless, they’re creating habits that lead to quiet, creeping debt. Especially in the military community, where transitions and tight budgets are already part of the equation, these modern money habits can quickly get out of hand and lead to mounting debt.
In this episode, I’m digging into the everyday spending behaviors that seem like smart choices but often backfire. I’ll talk about how things like Pay Later options, subscription overload, and loan stacking are affecting military families and what you can do instead to protect your finances and build real financial stability.
https://milmo.co/podcast/modern-debt-habits
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When it comes to money, our emotions often drive the decisions we make and that’s especially true in military life, where constant change, separation, and stress can shape how we spend, save, and communicate with those we love. But if we don’t understand our financial behaviors, we can find ourselves repeating the same mistakes over and over, leading us to feel stuck.
In this episode, I discuss the world of behavioral finance with Cherie Stueve and how it applies to military households. We talk about why comparison is a financial trap, how our upbringing influences our money habits, and the surprising role of intensity in financial arguments. Cherie offers practical advice and small steps you can take today to make smarter money moves.
Cherie Stueve, PhD, CFP®, AFC®, FFC®, FBS®, CAP®, is a lifelong learner and financial educator, counselor, coach, planner, and researcher. During her spouse’s 20-year Coast Guard career, Cherie navigated frequent relocations before portal, virtual career and education options. That experience drives her commitment to helping military spouses build flexible, resilient careers in personal finance. For the past three years, she and her spouse, Tim have supported scholarships for military spouses to attend conferences and pursue professional development, including MilMoneyCon. https://milmo.co/podcast/behavioral-finance-for-military-life
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Transitioning out of the military isn’t just about finding a new job. It’s about redefining who you are. For many service members, especially those in the Special Operations community, leaving the military can feel like losing a piece of your identity, your purpose, and sense of belonging.
In this episode, Kelly McGraw shares how to navigate the emotional and mental side of transition with tools that go beyond resumes and LinkedIn profiles. She discusses how the Honor Foundation is assisting service members through both its elite program and the new Vector Accelerator, enabling veterans to reclaim their sense of identity, purpose, and community as they transition into civilian life.
Kelly is the Chief Impact Officer at The Honor Foundation (THF), where she joined in 2020 to build a diversified funding stream and sustain the organization’s mission into the future. Prior to THF, she directed the development efforts at other notable nonprofits, including The National Pediatric Cancer Foundation, Horizons Hampton Roads, and the Navy SEAL Foundation. Kelly also has 9 years of corporate experience in sales, marketing, and consulting. https://milmo.co/podcast/missing-step-in-military-transition
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Planning for college is already overwhelming, but for military families, the maze of VA and DoD education benefits adds another layer of complexity. The good news? These resources can be a huge asset—if you know how to use them.
In this episode, Kate Horrell shares smart, practical strategies from her new book College Finances for Military Families. You’ll learn how to maximize the GI Bill, avoid common pitfalls, and create a college funding plan that actually works for your family. Whether you’re a service member, spouse, or parent of future college students, this episode will help you turn confusion into confidence—and save real money in the process.
Kate is an award-winning personal financial educator who helps the military community make the most of their pay and benefits. With over 10 years working with thousands of clients and readers, she understands the concerns of currently serving, retired, and veteran families. She shares the most up-to-date information in understandable terms, and highlights how rules, programs, and laws will directly impact our personal finances. https://milmo.co/podcast/college-money-moves-for-military-families
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Many people say they want to start a business, build wealth, or make an impact, but the truth is, they often stop short when things get tough. Whether it’s fear, self-doubt, or a lack of direction, those roadblocks can keep people stuck.
In this episode, T. Shane Johnson shares how he pushed past rock bottom and used his military experience, mental toughness, and belief in sales to build a life on his own terms. You’ll learn how he bounced back from homelessness, what it really takes to succeed in business, and why believing in yourself is the foundation of any good business.
T.Shane is a veteran, and with his daughter, they’re building America’s first indoor hydroponic coffee farm. With a patent-pending system and nationwide retail traction, they’re on a mission to grow sustainable, U.S.-made coffee—year-round, farm-to-cup, and family-owned. https://milmo.co/podcast/sales-and-self-belief-make-or-break-your-business
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Today is Memorial Day, a day of honor, reflection, and gratitude. Our community knows better than anyone that it's not just a long weekend or the unofficial start of summer. It's a time to remember the brave men and women who took an oath and gave everything in service to our country. Their sacrifice is the reason we have the freedom to chase our goals and live with purpose.
In honor of those who took bold, selfless action for us, I wanted to release this episode. It’s a reminder that the best way to honor their legacy is not just with words, but with our actions. We have the privilege to build, grow, and live freely. Let’s not waste it.
In this episode, I’m putting a spotlight on the gap between your intention and your action. If you've been all talk and little follow-through, this is your kick in the pants to step it up. https://milmo.co/podcast/is-what-you-say-and-do-in-alignment
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Woodworking can be a deeply fulfilling hobby, a practical skill, or even a powerful form of therapy but turning it into a business? That’s a whole different challenge. Many aspiring makers struggle to bridge the gap between creativity and profitability, especially when faced with the realities of tools, pricing, and risk.
In this episode, Stoane Loudenslager shares how to turn woodworking into a profitable venture from pricing and risk to finding your niche and building a business that lasts. Whether you're just getting started or ready to take your skills to the next level, Stoane shares practical ways to make money from woodworking, even when you PCS.
Stoane has been around construction all of his life. He has over 20 years of experience as a professional woodworker, mostly in multimillion-dollar shops. After taking those lessons from large shops to a couple of small shops where he was employed, they saw success. He then started his own successful company using the same ideas. Now he’s sharing them in his book, online course and consulting. https://milmo.co/podcast/make-money-woodworking
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Life insurance might be uncomfortable to talk about, but avoiding the conversation could leave your loved ones without support when they need it most. Whether you're on active duty or transitioning to civilian life, it's essential to understand the protections you have and the ones you don’t.
In this episode, Heather Walrath covers everything from traumatic injury benefits and accelerated death payouts to how to avoid losing life insurance coverage after separation or retirement. You’ll learn what makes SGLI and FSGLI unique, when and how to update your beneficiaries, and why planning ahead is one of the most powerful things you can do for your family.
Heather is an accredited financial educator who has enjoyed working with military members and families for the last 14 years while empowering them with financial education. She is a 2009 FINRA Military Spouse Fellow and holds a BA in economics from the University of Georgia and a paralegal certificate from the Denver Paralegal Institute. She is also an accredited Veterans’ Service representative. Heather has worked as a Personal Financial Counselor (PFC) with all branches of the military, including the Guard and Reserve components, as part of both the non-profit education sector and the Department of Defense PFC network.
Her passion is providing members with correct, unbiased information about the DoD Survivor Benefit Program and other survivor entitlement programs.
https://milmo.co/podcast/what-you-might-be-missing-with-sgli-and-fsgli
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Health Savings Accounts, better known as HSAs, can be a powerful tool for saving money and reducing your taxes, but they’re often misunderstood, especially in the military community, where eligibility can get tricky. If you’ve ever been confused about how HSAs work, who qualifies, or how they compare to Flex Spending Accounts and TRICARE, you’re not alone.
In this episode, military spouse and financial expert, Desiree Kaul, breaks everything down. You’ll learn what makes HSAs unique, how they can fit into your savings plan, and what military families should know when transitioning out of service or choosing civilian health plans.
Desiree is a CERTIFIED FINANCIAL PLANNER, Chartered Financial Consultant (ChFC®), Chartered Special Needs Consultant (ChSNC®), Military Qualified Financial Planner (MQFP®), and an Accredited Financial Counselor (AFC®).
She has experience in financial counseling, planning, and education, including previous work as a Personal Financial Counselor, educating service members on various financial topics. In 2024, Desiree launched her own virtual practice, Kaul Financial Solutions, offering tax preparation, tax planning, and hourly financial advice. In addition, she assisted in the launch of a new mentorship program with The American College of Financial Services to help military, veterans and spouses successfully transition to a career in financial services.
https://milmo.co/podcast/what-military-families-should-know-about-hsas
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Saving for education can feel overwhelming, especially when you’re juggling military life, moves, and everything in between. Whether it’s understanding your military benefits, choosing the right savings plan, or figuring out how to afford college for multiple kids at once, it can get complicated quickly.
In this episode, Joe Brown shares strategies to help you plan for education expenses while making the most of your military benefits. We talk about how to use the GI Bill smartly, what to know about Chapter 35, and why scholarships and merit money should be a big part of your family’s game plan. Plus, Joe breaks down 529 plans, education savings accounts, and tips for blending everything together without the stress.
Joe is a CFP® Professional, an MQFP®, and a visiting professor of personal finance at the U.S. Coast Guard Academy, where his work is supported by the USAA Educational Foundation. He’s the founder and lead planner at Always Ready Financial Planning.
https://milmo.co/podcast/smarter-college-and-life-planning-for-military-families
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Taxes can feel like a mystery, and for many, they’re scary. Add in a military transition, accidental landlord, or a side hustle, and it’s easy to feel overwhelmed. But understanding your taxes and planning ahead can make a huge difference, not just in your wallet, but in your peace of mind.
In this episode, Forrest Baumhover shares his journey from Navy to financial planner to online educator, and how he’s helping people confidently tackle their taxes. We dive into the most common tax mistakes, why planning matters year-round, and what service members should know about building their next chapter after military life.
Forrest is a retired naval officer, Certified Financial Planner, and tax professional. He helps people navigate taxes and Social Security through his website and YouTube channel, both titled Teach Me! Personal Finance.
https://milmo.co/podcast/people-get-wrong-about-taxes
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When it comes to investing, everyone wants to know the secret—how do you make fast money in the stock market? It’s a question that is as old as the market. The answer isn’t as simple or as quick as most people would like it to be.
In this episode, I’m talking about what it really takes to be a stock trader, how that’s different from just wanting a hot tip, and why your financial plan should be tailored to you, not the latest headline. https://milmo.co/podcast/stock-tips-and-trading
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We are all juggling two financial forces. The first is living our life today, and the second is securing our future. The hard part is finding balance. You can’t take money with you to the grave, but you also must have a surplus ready for when you need it most. If we put too much focus on one, the other falls apart. That’s where Yin and Yang can benefit our financial lives.
In this episode, I’m going over how to use the concept of Yin and Yang to find balance and harmony with money.
https://milmo.co/podcast/financial-yin-and-yang
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Debt can feel like an overwhelming burden that creates growing anxiety for not only yourself but also your family. When you’re in the thick of debt, it can be hard to know how to get started and the best path forward.
In this episode, I’m going over strategies to help you get control of your debt with action and help you on the path to financial success.
https://milmo.co/podcast/breaking-free-from-debt
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We talk a lot about the struggles of transitioning out of the military – losing that sense of purpose, the steady paycheck, and the tribe you trust. But what we don’t highlight enough is the flip side: how that transition can be a launchpad to an incredible career or business and a life you design.
In this episode, I’m sitting down with Brendan Aronson, a Marine turned entrepreneur who’s all about creating pathways for veterans into leadership roles. From his time in investment banking to building a company that connects vets with high-growth careers, he’s got a front-row seat to what works and what doesn’t after you hang up the uniform.
We’re covering:
- Top challenges for transitioning service members
- Why venture capital isn’t always the answer for startups
- Networking tips to kickstart your civilian career
- Balancing the veteran community with the wider world
Brendan is a former Marine Infantry Officer. He's a U.S. Naval Academy Graduate and a Wharton MBA Alumnus. He is a serial entrepreneur and built TheMilVet, which is the Nation's premier executive search firm focused on landing veterans jobs in high-growth companies. He's a co-founder and Managing Partner of The Valhalla Group, which invests in U.S. National Security.
https://milmo.co/podcast/navigating-into-civilian-life
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Starting and running a business solo is difficult even for the most knowledgeable and disciplined. It’s hard to find the time of day and mental fortitude to be a jack of all trades. Hiring help can seem scary when you aren’t sure if you’ll make enough to pay them.
In this episode, I’m sharing how I’ve been testing and using freelancer marketplaces to hire experts to help me get tasks and projects done in my business on a budget. https://milmo.co/podcast/hiring-freelancers-for-your-business
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We often hear about how debt or the lack of a financial cushion can trap us in a cycle of stress, forcing tough decisions that might dig us deeper into trouble. Often, it’s not because we want to but because our finances leave us no choice. What we don’t talk about enough is the flip side: how being debt-free and having savings can open doors to incredible opportunities in life.
In this special episode, I sit down with Steve Stewart, the talented editor behind this podcast, to dive into his inspiring journey of becoming debt-free and the amazing paths it’s allowed him to pursue. From paying off his mortgage to building a thriving career in podcast editing, Steve shares his story and offers insights on how you can do the same.
We also discuss:
- Sustaining a debt-free life
- Opportunities from financial freedom
- The podcast industry's playing field
- Audio vs. video podcasting
My friend, Steve Stewart is the Podcast Editor for some of the biggest indie personal finance podcasts like the Stacking Benjamins Show and Afford Anything. I’m honored that the MILMO Show is included among his amazing list of clients.
He also created the Podcast Editors Club, now with over 9,000 members, and co-founded the Podcast Editor Academy - which helps individuals build their own podcast services business. If you’re looking for help with your podcast, Steve is there to support you!
https://milmo.co/podcast/living-debt-free-and-seizing-opportunity
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Food spending is often where budgets go off the rails—eating out adds up fast and can leave you with more waste than you are even aware of. With warmer weather pulling us outdoors and tempting us to splurge, now’s the perfect time to revisit a fan-favorite episode. Today's an encore airing of What’s Your Trash Worth?
https://milmo.co/podcast/whats-your-trash-worth
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You don’t need a big paycheck to build a big bright future. Even if you’re starting as an E-1 with little left over after bills, you can set yourself up for financial freedom. It’s not about where you start. It’s about the consistent steps you take from there.
In this episode, I’m sharing a roadmap to go from E-1 to financial success. I’m talking about avoiding money traps, budgeting like it’s your personal mission, and setting the foundation for wealth—all around military life. https://milmo.co/podcast/building-wealth-on-an-E-1-budget
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Many service members, military spouses, and veterans have valuable knowledge, skills, and expertise to share with the world. But turning that expertise into a steady stream of income can feel like an overwhelming challenge. Where do you even start, and how can you create something that generates revenue, makes a meaningful impact or both?
In this episode, Stu McLaren, a membership expert, shares his insights on how to turn your expertise into predictable, recurring revenue through memberships. He shares the basics of memberships, how to avoid common pitfalls, and how to find the right audience. My conversation with Stud is packed with actionable advice to help you take the first step toward creating a thriving membership community.
Stu McLaren is a membership expert and co-founder of Membership.io, a leading platform serving thousands of online membership sites. With over 16 years of experience in the subscription industry, Stu coaches and consults best-selling authors, top-rated speakers, experts, hobbyists, and entrepreneurs on turning their expertise into predictable, recurring revenue.
Through his signature program, The Membership Experience™, Stu has helped over 19,000 entrepreneurs launch and grow successful membership sites, while Membership.io powers thousands more.
https://milmo.co/podcast/profitable-memberships
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Leaving the military can mean your entire identity is changing. It can be overwhelming. What is next for you in your career and your mission? In this episode, Olivia Nunn shares her journey from military service to becoming a leading advocate for mental health and an authority in the branding world. We’ll dive into how she navigated the challenges of transitioning to entrepreneurship, her insights on destigmatizing mental health within the military and veteran communities, and why storytelling is key to building a strong personal or professional brand—even when selling products.
Olivia Nunn, a seasoned veteran with over 20 years of dedicated service in the U.S. Army, leads Olivia Nunn Communications with a commitment to making a difference. With a solid foundation of 13 years of experience in government relations, Olivia specializes in communications, branding, social media strategy, and event planning, bringing her expertise to the forefront to craft compelling narratives and strategies that elevate brands and amplify voices. https://milmo.co/podcast/success-after-military-service
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Building wealth is a financial buzz phrase we hear a lot. We all want a build-up of wealth, but how do we get there, and what does that path look like for service members and their families?
In this episode, Jerry Quinn, shares actionable insights for military families looking to build wealth and achieve financial success, what wealth-building means, and practical strategies for saving, investing, and navigating tight budgets. Jerry is a Colonel in the Army Reserve who has spent more than 30 years working in banking and insurance, specifically on military and veteran financial, housing, and career matters in those industries over the last 15 years.
He is the Chief Operating Officer of the American Armed Forces Mutual Aid Association (AAFMAA). Established in 1879, AAFMAA now has $23 billion of insurance in force. Since 9/11 AAFMAA has provided more than $1 billion to military and veteran families of the fallen. At AAFMAA, Jerry oversees all aspects of AAFMAA Life Operations, including financial education, member benefits, survivor services, and life insurance.
https://milmo.co/podcast/building-wealth-for-military-families
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Getting out of the military can be an exciting and daunting time mixed into one. In addition to starting new careers, potentially moving to a new location, and shifting your identity away from service member, there are VA disability compensation, military retirement pay, and tax planning to conquer.
In this episode, Curt Sheldon a former fighter pilot and highly respected financial expert, dives into the essential financial and tax considerations for service members and veterans navigating VA disability compensation and military retirement. Curt explains the key differences between VA disability compensation and military retirement pay, breaking down how programs like Concurrent Retirement and Disability Pay (CRDP) and Combat-Related Special Compensation (CRSC) work together. Plus he sheds light on the little talked about Strickland Decision. https://milmo.co/podcast/va-disability-and-military-retirement
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The unexpected is not limited to financial markets. Life is full of surprises, ranging from mildly annoying mistakes or mishaps to life-altering crises. While we can’t predict all of our life’s twists and turns, we can be proactive to shield ourselves from major fallout. This protective buffer is better known as a margin of safety. It’s a concept often talked about as it relates to investing, but margin of safety can be applied throughout our lives as a cushion to protect our well-being and quality of life.
In this episode, I’m sharing what a margin of safety is, why it’s essential, how to create it across different areas, not just investing, and common mistakes to avoid.
https://milmo.co/podcast/protect-your-family-with-a-margin-of-safety
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Building the infrastructure of a business from the ground up isn’t for everyone, but starting a business doesn’t always mean you have to start from scratch.
In this episode, Bryan Park shares how he transitioned from military life to building a nationwide flooring business. He talks about the importance of integrity in business, navigating challenges with resilience, and why the trades are a path worth considering for financial success.
Bryan Park is the Founder and CEO of Footprints Flooring, a flooring installation company with over 150 territories in the U.S. Bryan grew up in south Denver. He attended the Air Force Academy. Like most people who serve, Bryan’s military experience strengthened his belief in and commitment to integrity, duty, and leadership.
Bryan serves on the Board of Directors for the National Wood Flooring Association. Under his leadership, Footprints Floors has been recognized as one of the fastest-growing franchises in America by Entrepreneur magazine. https://milmo.co/podcast/trades-are-a-smart-career
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Compounding is hailed as the secret sauce to financial success, and it is, but its power goes far beyond money. Whether networking or nurturing relationships, achieving personal goals, or growing your career, the power of compounding in life and money works its magic over time—for better or worse. The choices we make daily, no matter how small, stack up like blocks to shape the trajectory of our lives—especially its quality.
In this episode, I’m talking about how compounding can be a force for positive change and how negative compounding can derail our progress.
https://milmo.co/podcast/compounding-in-everyday-life
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It’s that time. The sun is setting on 2024. Did your year go as planned? Did you do all the things you wanted? Sometimes things don’t go according to plan and sometimes we don’t do what we said we would do. If we want a different result we have to take different action in 2025.
In this episode, I’m talking about having the guts to go after what you want in the new year. Letting go of fear, stopping worrying about what others think, and finally taking steps toward reaching your goals.
https://milmo.co/podcast/guts-to-go-after-what-you-want-in-2025
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Merry Christmas and Happy Holidays to you and your family. The holidays are here, and I hope your’s are filled with peace and joy. Traditions are a big part of holidays and special events. They are things built over time, sometimes with great intention, and other times start with special moments that are continued each year.
In this episode, I’m sharing some of my holiday traditions and my gift for you.
https://milmo.co/podcast/happy-holidays-2024
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Starting a podcast can be exciting, but turning it into a business that actually makes money? That’s where many podcasters hit a wall. It’s tough to find your niche, attract sponsors, and figure out how to make your show financially sustainable—all while keeping your passion alive.
In this episode, we dive into Joe Crane’s journey—from discovering podcasts on motivational CDs to creating his own show that connects veterans with resources, inspiration, and community. He shares actionable advice on finding your niche, monetizing through sponsorships and services, and why hiring a mentor or coach can be a game-changer. You’ll also hear about the lessons he’s learned along the way, including the importance of focusing your time and resources on what really matters.
Joe Crane retired from the Marine Corps in 2013 after 24 years of service. He was an AH-1W Super Cobra attack helicopter pilot and completed two combat flying tours in Iraq. Joe is now an airline pilot and host of the Veteran On the Move podcast. Veteran On the Move empowers veterans and their family’s through entrepreneurship by introducing them to successful entrepreneurs from the military community through thoughtful and meaningful podcast interviews.
https://milmo.co/podcast/creating-a-podcast-and-growing-into-a-thriving-business
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Tax season is coming—are you ready? Whether you’re dreading it, putting it off, or just plain confused, you’re not alone. But what if, this year, you could tackle your taxes with confidence and maybe even save some money along the way?
In this episode, Paul Allen and I are diving into things you need to know to prepare for tax season 2024. We cover people's most common questions about taxes and tips for preparing for filing. Plus, I revisit my favorite tax question, which I would like to ask Paul. Can I deduct my hair and makeup expenses?
Paul retired from the US Navy in 2010. Is now a Founding Member of PIM Tax Services, APFORIA, the Military Financial Advisors Association, and the Military Qualified Financial Planner Certification Program. Paul holds an MA in Financial Planning and Law, is an enrolled agent of the IRS, and holds the CFP® and MQFP® certifications.
https://milmo.co/podcast/prepare-for-tax-season-2024
01:06 Preparing for Tax Season 2024 03:59 Understanding Business Expenses 12:53 Tax Deductions and Record-Keeping 18:13 Handling Tax Mistakes and Changes 20:49 Maximizing the Clean Vehicle Credit 21:44 Understanding the 1099-K Form Changes 23:40 End-of-Year Tax Planning Tips 24:36 Military Spouse Taxation Issues 27:20 Preparing for Tax Season 28:01 Quickfire Questions and Recommendations 31:10 Fun Fact or Fiction Game 34:50 Conclusion and Resources
The holiday season is a time for joy, connection, and celebration, but it’s no secret that it can also be incredibly stressful—especially for military families. The stressors can pile up quickly between tight budgets, work responsibilities, and the added challenge of spending holidays apart from loved ones due to deployments or just being stationed far from family. All the stressors can lead to making financial decisions that will come back to haunt you in the new year or for years to come.
In this episode, I’m sharing the biggest holiday stressors and practical tips you can implement to save money, manage your time, and enjoy your holidays the way you want.
https://milmo.co/podcast/tight-holiday-budget 00:47 Welcome to the Mill Mo Show 01:46 Personal Holiday Stressors 03:04 Biggest Holiday Stressors and Solutions 04:03 Financial Strain and Budgeting Tips 05:20 DIY and Second-Hand Gifts 08:14 Travel Strain and Tips for Military Families 11:41 Time Management During the Holidays 14:38 Family Dynamics and Setting Boundaries 17:12 Combating Loneliness and Grief 18:40 Conclusion and Final Thoughts
It’s hard to believe we are winding down Veteran’s Appreciation Month and rolling into the holidays. Before we know it, it will be the new year. A new year is a great time to set yourself up for success all year long. But, a new year also means the beginning of a new tax season.
Even though we know it’s coming, it can be a dreadful time of the year for people. I'm bringing back a popular episode on a topic to help us all have a can-do attitude and get mentally prepared for tax season.
Here is the encore airing of The Tax Reality Every Veteran Needs to Know with Matt Stephens.
https://milmo.co/podcast/tax-reality-every-veteran-needs
Building a successful tech-driven business is no small feat, but Sam Ingrassia has made it his specialty. As the CEO of BudgetSimple, Sam helps financial professionals, advisors, and brands grow their impact while generating recurring income. With more than 15 years of experience in engineering, marketing, and finance, Sam has built and scaled multiple web-based businesses, blending innovation with practicality.
In this episode, Sam shares his journey into web-based entrepreneurship, offering a behind-the-scenes look at what it takes to succeed in today’s competitive, tech-driven world. We talk about the qualities entrepreneurs need to thrive, whether coding skills are still essential, and how to stand out using smart digital marketing strategies. Sam also dives into the importance of a strong online presence, including websites and SEO, and provides advice for anyone looking to enter the fintech or SaaS industries.
Episode Time Stamps
00:55 Meet Sam Ingrassia: CEO of BudgetSimple 01:21 Sam's Journey into Web-Based Entrepreneurship 01:39 Qualities for Success in Tech-Driven World 03:10 Sam's Early Career and First Projects 05:09 Insights on Marketing and Data Utilization 07:06 SEO, Paid Search, and Email Marketing 11:30 Building a Tech Business: Challenges and Strategies 15:00 Importance of Websites and SEO for Businesses 17:18 Effective Content Strategies for Small Businesses 23:00 Advice for Aspiring Tech Entrepreneurs 27:45 Financial Professionals: Needs and Solutions 31:17 Random Quick Questions and Game Time 37:12 Wrapup
https://milmo.co/podcast/fintech-and-saas-world
The day you join the countdown to separation or retirement begins. Your days of being labeled a “service member” are numbered. At some point, you’ll become a “veteran” of military service. In a snap, your life and identity will change. Are you ready for veteranhood? How can you make the best life after the military for you and your family?
In this episode, I’m sharing how veterans can embrace their identity and leverage their unique experiences to thrive beyond the uniform.
https://milmo.co/podcast/veteranhood
Building a real estate investing empire while on active duty may seem like a monumental task, but it’s entirely possible with the right strategies. Johnny Lynum, a Lieutenant Colonel in the U.S. Air Force, has done just that, growing his portfolio to over 115 properties worth $14 million.
In this episode, Johnny shares his journey into real estate investing, the methods he used to build wealth while serving full-time, and the lessons he learned along the way. He discusses how he identifies promising markets, common pitfalls new investors should avoid, and offers practical advice for fellow service members who want to get started in real estate.
Johnny Lynum is a Lieutenant Colonel in the United States Air Force who has served for over 19 years as a developmental engineer and intelligence officer. He is also an author, philanthropist, seasoned real estate investor, and coach. He has actively invested in real estate since 2006 and has purchased and sold single and multifamily properties across the SouthEast.
Johnny has over 115 doors in his real estate portfolio valued at over $14M, primarily located in Panama City, FL, and Montgomery, AL, real estate markets. Through his military service, Johnny has gained tremendous experience by leading diverse teams in deployed environments and managing a $1.3 billion dollar development contract. These skills have been instrumental in his ability to scale his real estate investing business while still actively serving our country full-time.
https://milmo.co/podcast/real-estate-investing-empire
Serving in the military comes with some perks. The VA home loan guarantee is one of the more popular benefits. It helps service members and veterans with home ownership. While it’s generally talked about, sometimes the exact details aren’t and can lead to not getting the most out of your benefit.
In this episode, Dr. Paul Lawrence discusses VA home loans in detail. He shares how the benefit works, who is eligible, how it can be used, and common misconceptions about it. He also talks about lesser-known VA loan benefits like Specially Adapted Housing grants.
https://milmo.co/podcast/VA-home-loan-guarantee
Members of the military are involved in problem-solving. It’s at the heart of a successful mission. Many don’t realize that it is also at the heart of STEM, or science, technology, engineering, and mathematics. It’s all about data and problem-solving.
In this episode, Navy veteran Anne Gibbon discusses how she is building a business to help others use data to its fullest potential to make better decisions. We also talk about her experience as the first woman to box for the Naval Academy and building a think tank for Seal Team 6.
https://milmo.co/podcast/data-to-drive-change
It’s no secret that I’ve had some trademark issues. When you build a business, you’re bound to be touched by trademarks in some way. You could file for your own trademark, or someone could be infringing on yours or you could be trying to be preventative. There are a lot of areas.
One that is particularly unnerving is getting a notice from an attorney or, even worse, the United States Trademark and Patent Office that you’re infringing on someone else’s trademark or that your trademark is in jeopardy. Everyone can guess the reaction letters like that would cause. Pure panic to anyone who receives it. Do you know who knows that best? Scammers. I know this because I just almost got trademark scammed.
In this episode, I’m sharing what trademark scam I was targeted with, what I did, the most common types of trademark scams, and how to keep yourself protected.
Show notes: https://milmo.co/podcast/trademark-scam
Transitioning from military service to civilian life can be challenging, especially when it comes to finding a new career path in entrepreneurship. Not only are you starting something new, you have to make your own paycheck.
In episode 305, I’m joined by Justin Brock, a Marine veteran who went from aviation operations in the Marine Corps to building a successful career in financial services and running a thriving business. We dive into his journey, the lessons he learned about sales and marketing, and how he grew his insurance business by focusing on authentic relationships and quality service. Justin also shares valuable insights for veterans looking to start their own businesses.
The show notes can be found here: https://milmo.co/podcast/authentic-marketing-and-sales
Service members and their families are a protected group when it comes to their finances. The Department of Defense intentionally protects the military community from predatory financial sales practices while they are serving. Those protections are no longer there when you separate or retire, making transitioning service members top targets of predatory sales practices.
In this episode, Drew Stamp discusses what service members and their families are up against when they’re leaving the military and how to educate themselves and combat bad actors in the financial and veteran space. We also discuss whether all the benefits the community receives could negatively affect them.
We talk about:
- Transitioning from Military Service
- Purpose, Identity, and Community
- Predatory Financial Practices
- Financial Literacy Gaps
- Misleading Sales Practices
- The Importance of Gratitude and Self-Sufficiency
- Positive Traits of Financial Professionals
- Financial Planning for Transition
Show notes: https://milmo.co/podcast/predatory-financial-sales-practices
The relationship between money and marriage can be complex especially when you add military service to the mix. When you bring two different backgrounds to a relationship and if you’ve had marital problems, managing money together can be all the more challenging.
In this episode, veteran and military spouse Tyron White and I discuss the financial challenges military couples face, the importance of seeking help for both marital and financial issues, the power of financial therapy, and the misconceptions about getting help.
Show notes: https://milmo.co/podcast/rebuilding-financial-health /
Separating or retiring comes with changes in many areas of your life and money. One of those often overlooked big changes is your taxes.
What you did or didn’t pay in taxes looks a lot different after military service.
In this episode, Matt Stephens and I discuss what the tax differential wage equivalent is, why it matters, and how it can significantly impact your financial decisions as you move from military to civilian life. Show notes: https://milmo.co/podcast/tax-reality-every-veteran-needs/
It’s my Birthday Week on the MILMO® Show. Every year for my birthday, I like to interview someone special in my life. In past years, I’ve interviewed my Mom, Dad, and my 97-year-old grandmother. This year is no different. I have a very special guest to help me celebrate my birthday on the show.
In this episode, my brother, Brian Flanigan is in the hot seat answering all of my questions. He shares the biggest challenges he has faced retiring from the Air Force, the best thing he got out of the military and advice for people getting ready to separate or retire. He even shares his experience of being diagnosed and fighting cancer on active duty.
Show notes: https://milmo.co/podcast/2024-birthday-week
It’s my 300th episode. When I started, I never imagined being where I’m at now. Having a podcast is like being on a roller-coaster. There are ups and downs, twists and turns, but it’s all exhilarating.
In this special episode, I’m sharing a look back on podcasting 300 episodes of the MILMO Show, a behind-the-scenes look at what I do, lessons learned, and the questions and answers I’m asked about podcasting.
Show notes: https://milmo.co/podcast/podcasting-look-back-300-episodes
I love that I get to talk to you every week about money and entrepreneurship. I’m getting real close to my 300th episode, which means a lot to me. While I love that I have the privilege to be one of the podcasts you listen to, I want to do more. I want to go beyond devices and connect with members of the MILMO® community in a more meaningful and impactful way. I’ve been planning something for a while—something that will bring the MILMO® community together.
In this episode, I’m going to tell you what MILMO® Meet is, my vision for it and one teensy change I’ve made to the branding of MILMO®.
Show notes: https://milmo.co/podcast/announcing-milmo-meet
A PCS or Permanent Change of Station impacts every part of your life, including your finances and jobs. Understanding the basics of PCSing can help you avoid costly mistakes and maybe make some money on it.
In this episode, Kate Horrell breaks down the financial basics of a PCS, the allowances provided by the DoD for your move, and advice to make everything go smoother.
Kate is an Accredited Financial Counselor®, Chartered Financial Consultant®, Military Qualified Financial Professional, and founder of Kings High Media. She creates personal finance content that helps our military and veteran community make the most of their pay and benefits. In addition to being a financial expert, Kate knows a thing or two about being a military spouse and PCSing. She’s been married to a now-retired sailor for 30 years, corralling four girls and two cats across four OCONUS tours and a handful of homes in the US. Show notes and resources: https://milmo.co/podcast/pcsing
Not everyone tracks the state of the economy, but when the news reports that it’s taking a nosedive, that usually gets people's attention. There is one thing at the heart of our economy that can help you have a better understanding of how it all works, and that’s the federal funds rate.
In this episode, I’m going to break down what the federal funds rate is. Who sets it? And most importantly, why should you, as someone managing your or your family’s finances, care about it?
The show notes can be found here:
https://milmo.co/podcast/federal-funds-rate
Have you ever had an idea to make a product that other people might be willing to buy? Many of us have, but how do you take your idea and get it produced and packaged to sell? You also need to have the resilience, innovation, and entrepreneurial spirit to get it done.
In this episode, Air Force veteran, Haley McClain Hill shares her behind-the-scenes experience building TORCH Warriorwear, a company born from her military background and entrepreneurial spirit. We talk about how she turned an idea to be more comfortable in uniform into a global brand, secured partnerships with major organizations, and even landed a deal on ABC's Shark Tank.
Show notes: https://milmo.co/podcast/creating-a-product-and-winning-pitch-competitions
You know that feeling when you bite off way more of a burrito than you can chew? It's overwhelming. Instead of enjoying the taste and appreciating the awesome sustenance, you’re panicky and scared you’ll choke to death. Well, that’s exactly what many of us do with our finances. We set massive goals, take it too much information, and try to tackle everything at once. Then we end up feeling overwhelmed, paralyzed, and defeated. But great news, there's a better way.
In this episode, I’m going to break down why taking small, consistent bites out of your financial goals is the secret to lasting success. I’ll share practical strategies to make your money moves more manageable, celebrate small wins, and motivate you along the way.
https://milmo.co/podcast/financial-bites
The world is packed full of information. With the Internet and a cell phone, we have all the knowledge in the world in the palm of our hand. No matter the situation, if you need information, it’s there. But how do you distinguish between key information you need to make decisions and unnecessary noise?
In this episode, Bob Hayward, retired Vice Admiral and former Navy SEAL, discusses how you can enhance your decision-making process in any situation with ”good gouge,” especially financial and career decisions.
We cover:
- The concept of "the gouge" and its military origins and importance in decision-making
- Creating a culture of sharing knowledge and supporting others in organizations
- Advice for service members transitioning out of the military
- The importance of critical thinking and asking questions Encouraging open communication
Show notes: How to Be Smarter in Any Situation
You’ve heard me and every other financial person say it before: Spend less than you make and save. It’s a fundamental of personal finance, but then what? Once you've done the savings part, what are your next steps with the money?
Today’s the fifth and final episode of my "Back to Basics" series about being brilliant at finance's basics or core principles. So far, I’ve covered the Thrift Savings Plan, cash flow, saving smarter, and insurance. Today, I’m diving into a topic that can make or break your financial future: investing fundamentals. Investing wisely is a centerpiece for building wealth and reaching financial goals.
In this episode, I’ll cover:
- The basics of investing terminology
- Types of investments
- Understanding risk and return
- The power of diversification
- Compounding and its benefits
- Asset allocation strategies
- Key investment strategies
Show notes: https://milmo.co/podcast/investing-fundamentals
Today’s the fourth episode of my "Back to Basics" series about being brilliant at the basics or core principles of finance. So far, I’ve covered the Thrift Savings Plan, cash flow, and saving smarter, and today, I’m going over another important topic that is often misunderstood: insurance.
Understanding insurance is essential for managing risk and protecting your financial gains and well-being, but it can also help you recover if there’s an unexpected life event like an accident or illness.
In this episode, I’m going over:
- Why insurance is important
- Types of insurance you need
- How to choose the right insurance
- Common mistakes to avoid
- Maximizing your insurance benefits
https://milmo.co/podcast/insurance-basics
Today’s the third episode of my "Back to Basics" series that is about being brilliant at the basics or core principles of finance. Last time, I covered cash flow management. Before that the Thrift Savings Plan and today, I’m going over a critical topic: saving your money. People say, “Money can’t buy you happiness.” That one is crazy because renting a yacht for two weeks to eat, drink and be merry with the people I love would bring me absolute joy. There are a lot of sayings, but what they all come down to is that life is hard when you need money and don’t have it. It can be for simple things like needing a new suit for an interview, money to fly home to family for the holidays, a safe home, food, or medical treatments. Having money saved up gives you the freedom and peace to solve your needs, wants and problems quickly.
Saving money is also key to achieving financial stability, reaching your goals, and reducing stress.
In this episode, I’m going over:
- Why it’s important to save money
- Compound interest
- Strategies to save money
- Getting the time and your savings aligned
- Best accounts to save money
- Savings mistakes to avoid
- Maximizing your savings
https://milmo.co/podcasting/save-money-smarter
A firm grasp of your current money situation is foundational to your peace of mind and financial success. One of the best ways to take control of your finances is with a cash flow statement.
Today is the second episode of my "Back to the Basics" series, which is all about being brilliant at the basics or core principles of finance. Last time, I covered the basics of the Thrift Savings Plan, and today, I’m going to talk about something equally important: cash flow management.
Understanding and managing your cash flow is a fundamental skill that will help you avoid debt, plan for emergencies, achieve financial goals, and reduce stress. You may have heard the term "cash flow" thrown around before, but what does it really mean? And how is it different from budgeting? If you're confused or just want to strengthen your financial foundation, this one’s for you.
In this episode, I’m covering:
- What a cash flow statement is and how it works
- The differences between cash flow and budgeting, and why both are important
- Practical steps to create your own cash flow statement
- Tips for managing your cash flow effectively
- Common pitfalls to avoid and strategies to stay on track
The show notes can be found here: https://milmo.co/podcast/managing-cash-flow
There will always be a new trend everyone is talking about. Money included. Go anywhere on social media, Instagram, or TikTok, and there is a money trend. All that noise can make it easy to get caught up in trying to keep up instead of being focused on what is core to your financial success. Instead of jumping on a bandwagon that can crash and burn, we should focus on the basics. Or, more importantly, getting brilliant at the basics so when a trend comes along, we’ll have a firm foundation and know if that trend is going to help us build wealth and reach our goals.
That’s why I’m doing a back-to-basics series on the MILMO Show. I’m going to do different shows on topics we should all have a basic understanding of, like budgeting, the SGLI, insurance, and more. I have no idea how many shows yet, but I’m going to kick it off with the Thrift Savings Plan and take it from there.
Right now, you’re saving money for two people: yourself and your 80-year-old self. That means your money needs to be working double duty. Lucky for service members, there’s a tool you can use to help your money work overtime. It’s called the Thrift Savings Plan, better known as the TSP.
In this episode, I’m breaking down the basics you should know about the Thrift Savings Plan, like making smart investment choices, managing it while you’re in, and what to do with your TSP when you get out. Whether you're new to the military, just starting to give your TSP a little love, or just looking for a refresher, this episode’s for you.
The show notes can be found here: https://milmo.co/podcast/thrift-savings-plan-basics/
Many people dream of becoming writers one day. The possibility of making money selling books filled with their creative writing, stories, or solutions is exciting. However, many don’t know what it takes to get their books traditionally or self-published or how much money they can make as writers.
In this episode, long-time MILMO Show listener Randy Surles gives us a behind-the-scenes look at what it takes to write, edit, and publish a book that will have commercial success, whether traditionally or self-published.
SGM Randall Surles (Ret.) served for nearly 32 years in the Army as an infantryman in the 75th Ranger Regiment, where he parachuted into Panama during Operation Just Cause. He then served over 20 years as a Green Beret in various positions, specializing in medicine, weapons, tactics, and intelligence.
While still serving on active duty, Randy completed his BA in U.S. History from Campbell University and his MFA in Creative Writing from The University of Texas at El Paso. After retiring, Randall Surles trained under editor Shawn Coyne to become one of a handful of Story Grid Certified Editors. He currently works as a Podcaster, Developmental Editor, Book Coach, Ghost Writer, and Author. He specializes in editing military fiction and non-fiction books, but also enjoys editing/ writing Fantasy, Science Fiction, and Thrillers.
The show notes can be found here: https://milmo.co/podcast/earning-a-living-as-a-writer
Build it and they will come is wishful thinking in business. Having a product or service that is needed or wanted by people is only half of the battle. How will they buy your service or product if they don’t even know you exist? That’s where marketing comes in.
In this episode, Matt Halloran shares advice and tips for proudly spreading the word about your business, why you should market your business and mistakes to avoid.
Matt is a co-founder and chief relationship officer at ProudMouth, the world’s leading influence accelerator for financial advisors. An in-demand speaker, Matt has appeared on over 1,000 podcasts and is the host of ProudMouth’s Top Advisor Marketing Podcast, where he and industry leaders empower advisors to become trusted recognized authorities. Matt is the author of The Social Media Handbook for Financial Advisors, the first social media book for financial services. His upcoming book, “Shut the F Up and Listen,” is set to be released this summer.
The show notes can be found here: https://milmo.co/podcast/marketing-your-brand-and-business
It’s Memorial Day, a solemn day to remember the men and women who made the ultimate sacrifice while serving. Our community knows well that this isn’t a day to celebrate those serving or who have served in the military. Unfortunately, many people mistake Memorial Day as another Veteran’s Day. No. Today is a sacred day to honor those who not only laid down their lives to preserve our freedoms, liberties, and way of life but, in many cases, gave their life to protect those serving beside them. Their sacrifice is a debt we will never be able to repay, but “we, the people,” should still try.
In this episode, I’m going to talk about the significance of Memorial Day and ways we can attempt to repay the debt together.
The show notes can be found here: https://milmo.co/podcast/repaying-the-debt-to-the-fallen
A lot of blood, sweat, and tears go into building a business. As a founder, you’ll wear many hats to get things done. It can be challenging to find time and energy to be strategic about growing or innovating in your business.
In this episode, Gary Kusin shares his decades of wisdom on successfully scaling businesses, managing pivotal moments with teams, building a valuable brand that could be acquired, and evaluating growth opportunities.
Gary is a mentor, investor, entrepreneur, business advisor, and author of Always Learning: Lessons on Leveling Up from GameStop to Laura Mercier and Beyond. He is the co-founder of GameStop, and Laura Mercier Cosmetics, both of which are well-known global brands. Today, he advises an array of public and private companies, large and small, on strategy, management and growth issues. In addition, Kusin continues his full schedule of mentoring and has mentored well over 1000 individuals during the course of his career.
The show notes can be found here: https://milmo.co/podcast/strategies-for-business-growth
Life can be difficult sometimes. Challenges and traumas are not something the military community has a monopoly on, but still, many in our community face challenges and traumas that can leave a person feeling shattered and low on hope, which can start a cycle of poor decision-making, including financial mistakes.
In this episode, Jeremy Stalnecker covers the common ways PTSD manifests, the challenges of military and post-military life, coping with isolating and hopeless situations, and advice for overcoming trauma. Jeremy also addresses how PTSD can impact decision-making, how spouses can navigate supporting a partner with PTSD, and what he wishes more people understood about this invisible wound.
Jeremy, Co-Founder of the Mighty Oaks Foundation, aids America’s military and families battling combat-related wounds like PTSD. A Marine Corps veteran, he served in Operation Iraqi Freedom, acquiring leadership skills. As a USMC Infantry Officer, Jeremy received a Veteran Navy Commendation Medal with “V” for Combat Valor. Transitioning to ministry after the military, he counseled at Coastline Baptist, then served as Senior Pastor at Bay Area Baptist Church. Feeling the calling, Jeremy merged his ministry and military background, leading Mighty Oaks Foundation full-time where today he focuses on veterans and helping them adjust back to civilian life and deal with PTSD from a biblical perspective. Additionally, Jeremy is often a speaker on the topic of leadership and discipleship.
The show notes can be found here: https://milmo.co/podcast/challenges-and-trauma/
People talk about Backdoor IRAs and getting one done, but do you know what they are, who they’re best for, and how to get it done the right way?
In this episode, Brian O’Neill shares the fundamentals of Backdoor Roth IRAs, including how they work, who is eligible, and the steps to set one up. Brian also covers the upsides and potential drawbacks of this approach, and how it fits into a broader retirement savings plan.
Brian is a Certified Financial Planner, a Military Qualified Financial Professional and an Enrolled Agent. He’s the founder of Winged Wealth Management and Financial Planning LLC, a fee-only fiduciary Registered Investment Advisor firm focusing on the military aviator community.
Brian served 23 years in the Air Force, commanding at the squadron and group levels, and flying both the F-16 and F-35. He launched his firm in 2021 and is an expert in focusing on a small niche to grow a practice rapidly.
The show notes can be found here: https://milmo.co/podcast/basics-of-backdoor-roth-IRAs/
Financial education and knowledge are important parts of financial success and reaching goals. Often, though, people aren’t taught or raised in an environment to learn about money in a way that builds confidence and helps you avoid financial mistakes.
In this episode, Andi Wrenn shares insights on the importance of financial literacy, how to assess your own level of knowledge, and actionable steps you can take to take ownership of improving your financial know how.
Andi is an Accredited Financial Counselor® and a Military Qualified Financial Professional® with a passion for helping people make sound financial decisions for more than two decades. She has a bachelor's degree in math and education, a master’s in counseling, and mediation professional for North Carolina.
It’s no secret that frequent moves impede the earning ability of many military spouses. This often leads spouses to the world of entrepreneurship, but often, people aren’t prepared for the challenges that come with being a business owner—yours truly included.
In this episode, military spouse Laura Early shares her journey of starting a business, her agency's support to the military spouse entrepreneur community, the lessons she's learned building a successful business, and her advice for other military spouses looking to start their own businesses.
Laura is the Chief Experience Officer and Founder of WISE Advise + Assist Team, a virtual assisting agency powered by military and veteran spouses. In her role at WISE, Laura helps business owners develop strategic and cultural priorities to grow their businesses and increase profit. Laura combines her background in project management and behavioral health to ensure all services, products, and initiatives are mission-driven and reinforce organizational culture. Laura is a proud Army spouse who currently resides in North Carolina.
The show notes can be found here: https://milmo.co/podcast/entrepreneurship-and-lessons-learned
Spending less than you make and saving money is part of building wealth. It’s wealth for your future self. Building wealth takes commitment and sacrifice to have a good quality of life in the future. But will you be around to see it or have the physical capability to enjoy it?
In this episode, David Frost will discuss the importance of maintaining muscular strength as we age, explaining why he considers it the "cornerstone of a healthy physical bank account." He'll share practical tips for achieving and sustaining peak physical fitness and the concept of "down aging"—looking and feeling years younger than your chronological age.
The show notes can be found here: https://milmo.co/podcast/your-bodys-wealth/
Being a small business often means you wear many different hats, including bookkeeper. Whether you're a numbers person or not, proper bookkeeping is crucial for making informed business decisions, filing taxes accurately, and, if you need it, securing financing down the road.
In this episode, Alise Jackson breaks down the importance of good bookkeeping, best practices, and common mistakes to avoid. From organizing your receipts to choosing the right bookkeeper, we discuss everything you need to know to get your business finances in shape.
The show notes can be found here: https://milmo.co/podcast/bookkeeping-for-small-business-owners
We've had a record-warm winter this year, and now that it's spring, things are really starting to bloom—including our beloved money trees. But while the lack of frigid temperatures has been nice, these dryer conditions may come at a price—an early harvest.
In this episode, I’ll discuss how a warmer winter could impact money tree yields and the ramifications for the economy and our budgets, as well as what we can all do to help the situation.
The show notes can be found here: https://milmo.co/podcast/early-harvest-for-money
One of the major perks of serving in the military is the opportunity to travel and experience different parts of the world. However, deployments and assignments often determine the destinations rather than personal travel bucket lists. But that doesn't mean you can't explore the places you've always dreamed of visiting, and even better, you can do so while saving money thanks to the many financial and travel benefits that come with military service.
In this episode, Chelsey Thomas, a military spouse and founder of Camouflage Perks, shares valuable insights on maximizing travel benefits and perks for military families. With a wealth of firsthand experience, Chelsey has used points and other military travel programs to visit seven countries and countless states across the U.S.
Chelsey walks us through the lesser-known financial perks and travel benefits available to active-duty service members, veterans, and their families. From discounted lodging and airfare to free cruise opportunities, she'll reveal strategies for making the most of your hard-earned military benefits while exploring the world.
The show notes can be found here: https://milmo.co/podcast/military-financial-perks-and-travel-benefits
MilMoneyCon is my true passion project - a calling to bring financial professionals together to solve problems, support each other, and uplift our community. I feel that when we unite, we create a stronger financial force, leading to a more resilient military and veteran force.
In this episode, I'm excited to give you a sneak peek into MilMoneyCon this year. I'll cover Denver, our host city, the hotel, special events, and what you can expect to get out of the conference.
The show notes can be found here: https://milmo.co/podcast/the-skinny-on-milmoneycon24/
Networking can feel like finding a needle in a haystack. Whether it's finding a trusted babysitter or landing your dream job, connecting with the right people can be a game-changer. As I gear up for MilMoneyCon, I've been reflecting on the power of networking and what it means to different folks.
At its core, networking is about making connections that help fulfill needs and goals. It's a crucial part of careers, businesses, and life in general. In this episode, I'm pulling back the curtain on networking - why you need it, how to do it effectively, and my own personal strategies for making those invaluable connections. Whether you're a networking pro or just getting started, this one's for you.
The notes from this episode can be found here: https://milmo.co/podcast/networking
Let's talk about financial moods, figuring out where you’re at, what you’re looking for, and aligning your mood with what you’re seeking.
The show notes can be found here: https://milmo.co/podcast/your-money-mood
In this episode, I’m going to go about how taking control of your situation is often the key to finding peace and can lead to success or at least feel like you’re in control and captaining the ship that is your life. I’m also going to go over how to focus on controlling what is controllable in your finances.
The show notes can be found here: https://milmo.co/podcast/Controlling-What-You-Can-With-Money/
In this episode, I’m going to go over getting control of wastefulness in your household and simple steps you can take to reduce the amount of money you spend on groceries to keep your food spending from climbing more than it already has. We’re also going to have a heart-to-heart about leftovers.
The show notes can be found here: https://milmo.co/podcast/whats-your-trash-worth
More than ever before, quality of life for service members, veterans, and their families is a priority for military leaders. One of the top factors that can make or break the quality of life for members of our community is their financial situation.
In this episode, the former Sergeant Major of the Army, Tony Grinston, is here to talk about the latest resources available through Army Emergency Relief to help improve service members' and their families' quality of life.
The show notes can be found here: https://milmo.co/podcast/quality-of-life-for-service-members/
Earning money as a writer is something many aspire to. When people think of becoming a writer, they often think about Steven King or J.K. Rowling, but there’s another type of writing that can be a business for you and make you money. It’s the business of ghostwriting.
In this episode, Navy veteran and professional ghostwriter Steven Leapley shares how he broke into ghostwriting, how he gets clients, and how you can get started in the business.
The show notes can be found here: https://milmo.co/podcast/business-of-ghostwriting/
In honor of Dan Miller, I’m bringing back an episode on a topic I think is even more powerful at this moment: creating work you love.
Here is the encore airing of How to Create Work You Love with the amazing Dan Miller I hope it inspires you to get after creating a work and a life you love.
Show notes can be found here: https://milmo.co/podcast/how-to-create-work-you-love
Getting ready for a military retirement can feel like a part-time job. There’s a lot to learn and get done years in advance of your final out. Waiting until the last minute to prepare can lead to mistakes, stress, and potentially getting less money than you’re owed in disability.
In this episode, Mark Overberg shares news on the new military medical retirement calculator and resources to help prepare you for retirement. He also busts some divorce and retirement pay myths and breaks down the differences between Combat-Related Special Compensation and Concurrent Retirement and Disability Pay.
The show notes can be found here: https://milmo.co/podcast/military-retirement-calculators/
Like it or not, money makes you feel a certain way. Do you know what your thoughts and feelings about money are and how they weave into the areas of your life, like relationships and work?
In this episode, Dr. Meghaan Lurtz shares how we can bring awareness to our thoughts and feelings about money to reach our financial goals.
Dr. Lurtz, is a writer and Senior Research Associate with Kitces.com, a financial planning blog. She’s a Professor of Practice at Kansas State University, where she teaches courses for the Advanced Financial Planning Certificate Program, and a lecturer at Columbia University, where she teaches Financial Psychology, and an undergraduate adjunct professor through the University of Maryland system in their CFP program. She is also a past president of the Financial Therapy Association, not to mention a military spouse going through an OCONUS PCS when she recorded this episode with me.
The show notes can be found here: https://milmo.co/podcast/money-thoughts-and-feelings/
I’m breaking down what I envisioned for my new brand name and what’s coming.
Plus, I’m sharing some of my insights and observations about entrepreneurship.
The show notes can be found here: https://milmo.co/podcast/my-new-name-and-more/
What you do right now can have a positive impact for your future self. The planning and actions you take now can mean a better retirement for you and your family. But what should you be doing and when?
In this episode, I talk with my friend and fellow podcaster, Wes Moss, about habits you can practice right now to become a happy retiree.
In this episode, I'm going to talk about who creates a lasting impact on your kids and the future.
Show notes can be found here:
https://laceylangford.com/podcast/whats-to-come
In this episode, I’m going to tell you what happened to me, the lessons I learned from my experience, and how it’s changing my business.
The show notes can be found here: https://laceylangford.com/podcast/changing-my-business
Getting a will is something talked about quite frequently in the military. They won’t let you deploy without one. But have you given thought and consideration to who you select as your executor and the dynamics of your family members after your death?
In this episode, Certified Executor Advisor (CEA) David E. Edey makes the case for why everyone needs to appoint an executor and what it can cost if you don’t.
Show notes can be found here: https://laceylangford.com/podcast/appoint-an-executor
Free financial counseling is offered to the military community but no-cost financial planning is new, thanks to a program called Advisors Give Back.
In this episode, financial adviser and veteran, Garrett Dearden shares a free new resource that can help you with your finances.
We talk about:
- What Advisors Give Back is and how it works
- How it’s different from financial counseling
- Who can use it
- The top financial struggles advisors see in the military community
Garrett volunteers as a pro bono financial adviser with Advisers Give Back. Garrett is currently a financial adviser with his family's financial planning and tax preparation firm, Laurette Dearden CPA, CFP®. Additionally, Garrett is currently a graduate student in Columbia University's Master's in Professional Studies in Wealth Management program. Garrett is also a candidate for CERTIFIED FINANCIAL PLANNER™ certification.
Show notes can be found here: https://laceylangford.com/podcast/No-Cost-Financial-Planning/
Enrollment for the new Dependent Care Flex Spending Account is now open until December 11th, 2023. According to the Office of Financial Readiness, the DCFSA is a pre-tax account used to pay for eligible dependent care services such as child or adult day care. If you have kids, you know childcare costs can break a family’s budget and determine a military spouse's ability to work or go to school. Using the DCFSA to save for your childcare expenses can help, but how do you know it’s right for you and how much money to save?
In this episode, Brandon Lovingier breaks down some of the math and planning you should do to decide if enrolling in the DCFSA is right for you.
We talk about:
- Factors to include in your decision-making
- What you should know about the Dependent Care Credit
- The role your income plays
- What divorced service members should think about
Brandon, aka The Enlisted Money Guy™, has served over 18 years in the Army – including deployments to Iraq and Afghanistan. He established his blog, Enlisted Money, to help enlisted service members avoid the same mistakes he made and achieve financial freedom. He earned his Chartered Financial Consultant® designation in 2022 and is one of the first Military Qualified Financial Planner® designation holders. He’s been a speaker at MilMoneyCon and loves mentoring other service members on their own financial freedom journey.
The show notes can be found here: https://laceylangford.com/podcast/Deciding-to-Use-the-DCFSA
What are you planning on passing down to the next generation? People often focus on things like money, furniture, or jewelry, but what about financial knowledge? Teaching your kids financial literacy now can help them have financial success long after you’re gone.
In this episode, Jasmine Paul shares why it’s important to teach your children financial literacy early, how to do it, plus how you can improve your own financial literacy along the way.
Jasmine is an award-winning children's book author and founder focused on making wealth fun! Jasmine served in the United States Air Force for ten years as a nuclear missile officer and finance officer across the US, South Korea, and Afghanistan. She is also the founder of The Wealth Playground, a financial education startup teaching kids ages 5-18 about money.
The show notes can be found here: https://laceylangford.com/podcast/Teaching-Financial-Literacy-to-Your-Kids
There are many resources to help active-duty service members and their families with money, but in the past, veterans haven’t had the same resources to help them with personal finance. But great news, that is changing.
In this episode, Accredited Financial Counselor Heath Carelock shares the financial resources available to veterans through a newly launched VetCents. This private and public partnership stood up to help veterans get the education and personalized financial help they need.
The show notes can be found here: https://laceylangford.com/podcast/financial-support-and-resources-for-veterans
Happy Veteran’s Appreciation Month! It’s that time of year to celebrate our veteran community. It’s also the tail end of Veteran Small Business Week, which, as a veteran small business owner, I’m a fan of. In honor of both, today’s guest is a fellow Air Force veteran and small business owner, as she’s here to help all of us break into the world of government contracts.
In this episode, Kirstie Fleur shares how to land government contracts for your business and ways to get non-traditional funding to start and run a business.
Kirstie, Founder and CEO of Freedom Fleur, a luxury sustainable clothing brand, has harnessed her identity as a woman, Air Force veteran, and survivor of abuse to create a unique journey of empowerment. She developed The Soul Health Approach™, guiding women toward clarity, purpose, and economic freedom. Freedom Fleur has grown significantly, using non-traditional funding by securing federal contracts and expanding its team. Notably, the Vibrant Pink Eloise blazer received recognition from Fashionista.com and Yahoo Life. The company introduced the emerging FF Social Club community, offering workshops, in-person Freedom Session events, wellness activations, and business training to empower female founders.
The show notes can be found here: https://laceylangford.com/podcast/Landing-Government-Contracts-for-Your-Business
It's the season of tax talk. You’re starting to see more and more news and social media posts to begin preparing for tax season. Me included. I recently saw a post on tax gain harvesting and wanted to learn more about what that is and who should be harvesting.
In this episode, Sean Mullaney breaks down tax gain harvesting and how people can use it in their tax planning. We also discuss the importance of going beyond the mentality of tax filing and into tax planning.
Sean is an advice-only financial planner and the President of Mullaney Financial & Tax, Inc. He is the author of the Plutus Award-winning blog FITaxGuy.com on tax and financial independence. He also has a personal finance YouTube channel and published Solo 401(k): The Solopreneur's Retirement Account, a book about his favorite retirement account.
The show notes can be found here: https://laceylangford.com/podcast/tax-gain-harvesting
Many of us want to make the holidays special but worry about the financial strain that often comes with it. That’s because the holiday season sees a big increase in spending on gifts, travel, decorations, and entertainment. There’s pressure to buy gifts and make memories for family and friends, which leads to overspending. To make all that happen, it's common for people to rely on credit cards to cover their Christmas and holiday expenses, but after the holidays, many people find themselves with debt.
In an ideal world, you’ve been saving all year for the holidays, but if not, in this episode, I’m going to break down ways you can prepare in October to have a debt-free Christmas.
If you’re thinking about buying a home in 2024, there might be rough water. Whether you're a first-time homebuyer or an experienced homeowner, there are a lot of things to consider before making this important decision and the conditions you make them in.
In this episode, David Ball discusses what you need to know to get ready for home buying in 2024. From the current state of real estate and what it will look like next year to preparing your credit and the mistakes to avoid, David shares things you need to know to make the home-buying process and the biggest investment of your life as smooth as possible next year. The show notes can be found here: https://laceylangford.com/podcast/Home-Buying-Process-in-2024
Finding financial success on active duty can be difficult. There are a lot of challenges like high cost of living, spouse un and underemployment, and deployments and mobilizations. The good news is there are people and organizations helping, like the Air Force Aid Society.
In this episode, I talk to the former CEO of the Air Force Aid Society, Kaleth Wright, about the financial pain points service members and their families are dealing with and the resources to help.
The show notes can be found here: https://laceylangford.com/podcast/finding-financial-success-on-and-off-duty
We see money messages everywhere we go. There are advertisements on streaming services, billboards, in social media, and even podcasts that encourage us to consume and buy more. Buying more increases our lifestyle, not our wealth. How can we see past all of that each day to find our own financial clarity?
Army Veteran and Certified Financial Planner, Christopher Manske shares the common money illusions were are taught that limit our ability to build wealth and encourage lifestyle creep and how to change our mindset and actions to maximize our wealth instead.
In this episode:
- The common "money illusions" that limit our ability to build wealth
- What lifestyle inflation is and how it impacts wealth
- Systemic issues of advisor quotas and their ramifications
- How the Consumer Price Index (CPI) manipulation leads to underestimated inflation
- Why "pay yourself first" is a trick that enables lifestyle creep
- Why a growth mentality is difficult long-term
- How putting money into savings first can pay off
The show notes can be found here: https://laceylangford.com/podcast/avoid-lifestyle-creep
Trusts can play a crucial role in helping plan your financial future by providing benefits like avoiding probate or tax efficiency and financial planning strategies like providing for special needs children. But they cost money and can be complicated.
In this episode, Certified Financial Planner Isidore Ogoussan shares what trusts are, how they work, the expense, and who they are for.
The show notes can be found here: https://laceylangford.com/podcast/Trusts-and-Your-Financial-Planning
Saving money on your childcare expenses is getting ready to get easier for service members and their spouses. The new Dependent Care Flex Spending Account is starting soon and can help you save pre-tax dollars to pay for your childcare expenses each year, but how does it all work, and when does it start?
In this episode, Jennifer Walker, a Navy veteran and the Executive Director for Dependent Care Flexible Spending Accounts for the Office of the Under Secretary of Defense (Personal & Readiness), gives us a rundown on everything we need to know about how the program works, who it’s for, how much you can save, and a whole lot more.
The show notes can be found here: https://laceylangford.com/podcast/Should-Know-About-the-Dependent-Care-Flex-Spending-Account
Army veteran and serial entrepreneur Adam Bird shares strategies for effectively managing and growing multiple businesses. Adam discusses his journey from the military to becoming the founder of three successful companies in three different industries.
- Adam's memory of where he was on 9/11 and the immediate effects
- His motivation for becoming an entrepreneur after leaving the military
- Tips for having effective business partnerships and dealing with conflict
- The importance of having a written agreement with business partners
- Hiring team members and interns to delegate tasks and grow your business
- Staying mentally balanced with self-care like exercise, being outdoors, and hypnotherapy
- Common mistakes entrepreneurs make like not having a business plan and trying to do everything solo
- Adam's advice for starting a second business while running your first one
- Pivoting between businesses to avoid burnout but still be productive
- Focusing on your purpose and helping others versus just making money
The show notes can be found here: https://laceylangford.com/podcast/manage-multiple-business-effectively
The state of the economy has everyone feeling the squeeze. It’s not a great feeling and may have you thinking of ways to work your finances. One of those ways could be becoming part of the FIRE movement or Financial Independence Retire Early. Or just part of the Financial Independence movement.
I thought now might be a good time to bring back a special episode I did with Doug “Nords” Nordman on F.I.R.E to get you inspired.
In this episode, we cover:
- History and evolution of the F.I.R.E. movement
- Fat FIRE
- How FIRE works
- The addition of a military retirement
- Three Steps to achieve FIRE
- FIRE without deprivation
- Options for managing student loan debt
- Advice for military spouses with employment and education
- Advice for couples working towards financial independence
The show notes can be found here: https://laceylangford.com/podcast/steps-to-financial-independence-retire-early
The sun is setting on the student loan payment pause. On September 1, 2023, interest will once again start accruing on your student loans. Payments will restart sometime in October.
It’s been a hot minute since many people’s budgets have included student loan payments. For many, preparations need to be made to make sure you can make payments without a negative impact on your finances and quality of life. In this episode, I’m going to go over the steps you should take to prepare.
You can find the show notes and resources here: https://laceylangford.com/podcast/prepare-for-the-student-loan-repayment-restart
Financial readiness is a critical part of force readiness but also to the quality of life of service members and their families. When it comes to taking advantage of the resources provided by the Office of Financial Readiness, there are often some misconceptions.
In this episode, Andrew Cohen gives us an inside look at what FINRED is, how it helps, and how you can use it to set your finances on the right track. We cover the Blended Retirement System, the new Dependent Care FSA, and more.
Andy is the Director of Financial Readiness in the Office of the Deputy Assistant Secretary of Defense for Force Education and Training. As Director, he leads the Financial Readiness team in the planning, direction, control and coordination of Department of Defense-wide policies and programs to meet the financial literacy and preparedness needs of service members and their families.
The show notes can be found here: https://laceylangford.com/podcast/Financial-Readiness-for-Service-Members
Are you a money cheater? Or has someone you know and love ever cheated on your financially? Financial infidelity can absolutely ruin a marriage or relationship and your finances, but what do you do if you suspect it’s happening to you?
In this episode, I talk with forensic accountant Tracy Coenan on the red flags of financial infidelity you should watch for and how to handle them if you find them in a way that protects yourself and your finances.
Key topics in the interview:
- What financial infidelity is and examples of it in relationships
- Red flags to watch out for that may indicate financial cheating
- Tips for being proactive to prevent financial infidelity
- Importance of trusting your gut instinct if you notice any behavior changes
- Steps to take if you suspect financial cheating
- Types of documents to keep an eye on
- Common mistakes people make when discovering financial infidelity
- Role of a forensic accountant in uncovering financial cheating in divorce cases
- Advice for overcoming fear of looking at personal finances
The show notes can be found here: https://laceylangford.com/podcast/financial-infidelity
You’ve probably heard of the power of compounding before, but do you know its true power and use that power to amplify your wealth?
In this episode, financial advisors Scott Kyle and Patrick Fischer break down compound interest and how to use it to grow your wealth with stocks, dividends, and options.
Scott is the CEO and Chief Investment Officer of Coastwise Capital Group, LLC, a boutique money management firm headquartered in La Jolla, CA. He is a co-founder of The Active Network, Inc. where he served as CFO and on the Board of Directors.
Patrick is a Financial Advisor at Coastwise Capital Group, LLC. He began his career with Scott at G2 Capital Management in La Jolla in 2002 as an equity research associate. From 2004 to 2008, Patrick co-managed a systematic global macro hedge fund at Mellon Capital Management in San Francisco.
The show notes can be found here: https://laceylangford.com/podcast/leveraging-compounding-to-profit
Consistency in managing personal finances is challenging because it requires discipline, self-control, and long-term planning, which often clashes with impulsive spending habits, but without consistency, avoiding debt and building wealth is a struggle. Consistency in managing personal finance empowers you to take control of your financial future.
In this episode, Emily Guy Birken breaks down the common obstacles that hinder people from maintaining consistency and shares practical strategies and actionable tips to overcome them.
Emily Guy Birken is a former educator, lifelong money nerd, and a Plutus Award-winning freelance writer who specializes in the scientific research behind irrational money behaviors. Her background in education allows her to make complex financial topics relatable and easily understood.
The show notes can be found here: https://laceylangford.com/podcast/Consistency-to-Achieve
Do you know what is driving or holding your finances back? Lack of self can have a negative impact on your money if you let it. But most of us don’t realize the crucial role self-awareness plays in financial success.
In this episode, I talk with Mick Heyman, a Chartered Financial Analyst, about how self-awareness can improve your finances, the impacts of human nature on finances, and how to build your self-awareness.
Mick is the author of Mellow Your Money and the founder of Heyman Investment Counseling. He has a 40-year career in wealth management, helping individuals and institutions of all sizes to build and preserve wealth with his stress-free method for mellowing your money.
The show notes can be found here: https://laceylangford.com/podcast/Self-Awareness-Plays-in-Your-Financial-Success
The benefits you receive from your military service can have an impact on your finances. Last week, I had Dr. Paul Lawrence back on the show to talk about VA disability and all of the other benefits you receive as a perk for serving.
One of those benefits is the Post 9/11 GI Bill which can be instrumental in enhancing your financial stability and earning potential after service. I thought this would be a great time to bring back an episode on the subject.
Here is the encore airing of "The Ins and Outs of Your Post 9/11 GI Bill Benefits" with Dr. Paul Lawrence.
The show notes can be found here: https://laceylangford.com/podcast/your-post-9-11-gi-bill-benefits
For most veterans, starting a VA Disability claim or finding out the benefits you’re eligible for is daunting. There are a lot of moving parts, information, and nuances in almost every aspect of the process. It’s hard to know where to put your first step.
In this episode, Dr. Paul Lawrence is back to break down what you need to know about filing or refiling for disability benefits, how the VA and VSOs help in the process and the other benefits you should take advantage of.
Paul is a businessman, author, and passionate Veteran advocate. He has 35 years of experience solving management problems in large, complex organizations. As a private sector executive, he was a consulting Partner at two Big-Four accounting firms and a Vice President in two Fortune 500 companies.
For almost three years, Lawrence served as Under Secretary of Benefits at the U.S. Department of Veterans Affairs, unanimously confirmed by the Senate on April 26, 2018. As Under Secretary, he was in charge of the Veteran's Benefits Administration (VBA) leading a team of 25,000 people with an operating budget of $4 billion, administering $120 billion in benefits annually. He implemented proven business practices, streamlined the bureaucracy, and created a public presence rebranding VBA as an organization successfully supporting Veterans.
The show notes can be found here: https://laceylangford.com/podcast/Veteran-Disability-and-Other-Benefits
Military marriages face many challenges that can negatively impact your relationship. Unfortunately, the divorce rate among military couples is higher than in the civilian population. The good news is, a study published in 2017 in the Journal of Family Issues found that the divorce rate among military couples declined between 2005 and 2011. So how can we keep up with that popular trend?
In this episode, Vicki Cody, an expert military spouse and author, breaks down how to keep your marriage vibrant during and after military service, mistakes to avoid, and the resources available to military couples.
Vicki knows a thing or two about military marriage, she has been an Army wife for 33 years. Her husband is Richard Arthur “Dick” Cody, a retired decorated four-star general who served as the 31st Vice Chief of Staff of the United States Army. In 1991, then Col. Cody’s Apache battalion fired the first shots of Operation Desert Storm.
Vicki is the author of Army Wife: A Story of Love and Family in the Heart of the Army and Fly Safe: Letters from the Gulf War and Reflections from Back Home.
She is also now an Army mom, with two sons active in the service as Apache helicopter pilots. In our interview, Mrs. Cody shares that one of her sons is the commander of the 101st Airborne Division’s combat aviation brigade at Fort Campbell. His unit suffered a devastating loss on March 29, 2023, during a training mission when two HH-60 Black Hawk helicopters crashed, killing all 9 soldiers aboard the Black Hawks. You’ll her tell the story and how it impacted everyone.
The show notes can be found here: https://laceylangford.com/podcast/Military-Marriage-Strong-and-Vibrant
Real estate investing is all the rage, but is it for you? There are risks and expenses when it comes to making improvements, repairs, and maintaining renters. Investing in land is another option instead of real estate.
In this episode, I talk to Brent Bowers, a vacant land investor, about what investing in land looks like, where to start, costs, and mistakes to avoid.
Brent is an Army veteran and founder of The Land Sharks and focuses on buying and selling vacant land. His time in the Army and the time he was spending away from his family led him to make some changes in order to be more present with his wife and children. His interest in real estate began in 2007 when he purchased his first home. While Brent invests in many different types of real estate, his favorite investment strategy deals with buying and selling vacant land.
The show notes can be found here: https://laceylangford.com/podcast/Land-vs-Real-Estate
Mortgage rates continue to be a hot topic that impacts our ability to purchase or sell a home. A while back, I had Kevin Parker on the show to talk about what we should know about the true cost of a mortgage and how to take that information and make a decision that’s best for you.
As we're moving into homebuying season for the military, I thought it would be great to bring this episode back.
Here is the encore airing of How to Compare Mortgage Costs and Make a Decision with Kevin Parker from Navy Federal Credit Union.
The show notes can be found here:
https://laceylangford.com/podcast/compare-mortgage-costs/
Earning income is a critical part of building your wealth. For most of us, that is either having a job or starting a business, but what if there is a hybrid way?
In this episode, I talk to Kirby Williams about her journey of going from an employee to buying and running the business she worked at.
Kirby is the owner of Advantage Publications, an educational publishing company where she was formerly a marketing associate. She has designed and developed custom financial education slide calculators for the Social Security Administration, the FDIC, VOYA, CalPERS, the CFPB, and others. In 2018 she created The Match Booster, based on the Blended Retirement System that is used in financial readiness education by Fleet and Family Support Centers, Army Community Service, and the US Coast Guard PFMP.
The show notes can be found here: https://laceylangford.com/podcast/Employee-to-Owner
I was recently asked the question of what are the life insurance options for infants. I think my answer was not what was expected, which made me think, this might be something that should be discussed more.
In this episode, I’m going to go over life insurance for infants, the life insurance coverage available on active duty, and what and who it can cover.
The show notes can be found here: https://laceylangford.com/podcast/Life-Insurance-for-Infants/
Caring for elderly parents is an often overlooked budget item but one that can come with high expenses in the future. If caring for your older parents, grandparents, or loved one is important to you, make it a priority in your finances now.
In this episode, John Osarczuk shares tips for financially preparing to pay for elder care costs, what that looks like each month, and mistakes to avoid that can cost your money and quality of life for your loved ones.
The show notes can be found here: https://laceylangford.com/podcast/prepare-for-elder-care-costs/
Home buying and renting homes come with the territory in the military. Frequent moves lead many of us to buy or rent out of necessity, not because it’s our first choice. But how can you turn that lack of control into a way to make money?
In this episode, Army veteran Joe Riley shares how you can use short-term house rentals to make money during and after your military career.
Joe and his wife are the founders of Patriot Family Homes. They started short-term rentals in 2017 when they listed their home near Fort Benning on Airbnb while Joe deployed to Afghanistan. They quickly realized the need for furnished temporary housing near military bases. So they started saving-up, and by the end of 2018, Rachel and Joe had bought 4 Airbnbs and it's grown since then.
The show notes can be found here: https://laceylangford.com/podcast/short-term-rentals-to-make-money/
Buying a car can be a big undertaking and feel overwhelming because it greatly impacts your finances. If you’re not careful, you can make mistakes or miss opportunities that can cost you.
In this episode, Brendan Duebner shares tips and advice to avoid costly car-buying mistakes, the resources you can use, and the best time to buy.
Brendan is a graduate of the Wharton School of Business, a Captain in the Army's 75th Innovation Command, and a serial founder. He founded Life Skills for Soldiers in 2019 while on Active Duty as a Field Artillery Officer.
The show notes can be found here: https://laceylangford.com/podcast/car-buying-decisions/
Military spouses face career challenges at every turn impacting their ability to make money and build their earning power. There’s a lot of career pivoting involved for milspouses but what if you already have a skillset that can help you make money no matter where the military sends you.
In this episode, military spouse Molly Rose Speed shares skills military spouses can leverage to make money, how to translate them into getting paid, and how to know your worth and set prices.
Molly Rose is an expert in creating what everyone wants more of -- time freedom. She is the creator of Virtual Assistant Academy and the Founder of Virtual Assistant Management, which provides trusted VA certification and placement in the online market.
Molly Rose is an awarded military spouse and solo world traveler who believes in creating a business and a life that allows you to do more of what you love.
The show notes can be found here: https://laceylangford.com/podcast/Military-Spouse-Skills/
Guard and reserve members face some unique financial and career challenges compared to active duty. And there are many things to consider when deciding to go from active duty to guard or reserve.
In this episode, Certified Financial Planner, Sam Lewis discusses the financial hurdles guard and reserve members and their families face and provides advice on navigating them. He also discusses things to consider when leaving active duty that can impact your finances and career.
Sam is an Air Force veteran who serves as a Senior NCO in the Air National Guard while running his own Fee-Only, Advice-Only RIA. He’s also a husband and a father, which is what ignited his passion for planning smart financial goals. Now he is driven to help others envision their ideal future and then develop a long-term plan to help them get there.
The show notes can be found here: https://laceylangford.com/podcast/Guard-and-Reserve-Families/
Understanding the economy or not understanding can help or hurt you financially. Inflation is impacting your quality of life, but do you know how it’s going to impact your retirement savings and ability to build wealth?
In this episode, Certified Financial Planner™, Bryan M. Kuderna shares tips on how to handle inflation, why it’s important to increase your economic literacy, and how to maximize your retirement savings during these times.
Bryan is the founder of Kuderna Financial Team. Named one of New Jersey's Leaders in Finance in 2021 by NJBiz, he also hosts The Kuderna Podcast, a show about wealth in its original meaning. Bryan is an author of fiction and nonfiction, including: WHAT SHOULD I DO WITH MY MONEY?: Economic Insights to Build Wealth Amid Chaos, Millennial Millionaire- A Guide to Become a Millionaire by 30, and his young adult fantasy novel, Anoroc. Bryan stays active by practicing Brazilian Jiu-Jitsu and completed the International Ironman in Quebec, Canada.
The show notes can be found here: https://laceylangford.com/podcast/economic-literacy/
According to the U.S. Bureau of Labor Statistics, about 20% of small businesses fail in their first year, and about 50% of small businesses fail in their fifth year. With stats like that, I can understand why some might be scared of taking the leap into business, but that fear could be holding you back from the potential to do something you love and earn more. Entrepreneurship is filled with twists and turns, so getting mentorship or help from someone who has taken that road before can make the journey smoother for you.
In this episode, Philip Taylor shares his story of building FinCon, taking business risks, hiring your team, managing costs, and strategies to build and grow your business.
Philip Taylor aka PT lives in Frisco, TX with his wife and their three young children. Philip is a CPA, blogger, podcaster, and the entrepreneur behind FinCon, the industry-leading event and community hub for personal finance media/influencers.
The show notes for this episode can be found here: https://laceylangford.com/podcast/strategies-for-building-a-business/
Stock trading can help you build wealth, but for many, it’s can be intimidating. If you haven’t been taught a trader skillset, where do you start, and what are the mistakes to avoid?
In this episode, I talk to Jason Brown, about how you can learn and grow your stock knowledge to become a confident stock trader.
Jason has over a decade of stocks and options trading experience and is a graduate of Wayne State University with a Bachelor’s degree in Finance.
At the age of 23, Jason took a $10,000 student loan and turned it into a six-figure trading account as a result, his passion for teaching others how to unlock the financial power of the stock market began.
The show notes can be found here: https://laceylangford.com/podcast/getting-confident-in-stock-trading/
Debt is a drag on your finances now and in the future. For many military families, debt is one of the top stressors. When your credit is maxed out, it can make extra expenses that are molehills seem like mountains you have to climb. When you’re in the thick of debt, it can seem impossible to overcome, but great news, there are steps you can take to get out of debt.
In this episode, I talk to George Kamel about the steps you can take to get out of debt, the difference between the debt snowball and avalanche, and balancing your quality of life through the process.
George is a personal finance expert with a countercultural approach to money. He’s a cohost of The Ramsey Show and host of The Fine Print and The EntreLeadership Podcast—all available on the Ramsey Network. Since 2013, George has served at Ramsey Solutions, where his goal is to help people spend less, save more, and avoid consumer traps so they can make the most of their money.
You can find the show notes here: https://laceylangford.com/podcast/baby-stepping-out-of-debt/
I can’t believe it’s almost here. MilMoneyCon23 is about a month away. I’m excited! I’ve been working on the conference all year, so I’m ready to get to see everyone, attend the events, and the sessions and just see it all come to life.
In this episode, I’m going to do a deep dive on MilMoneyCon23 and what attendees and sponsors can expect from the conference.
The show notes with episode links can be found here:
https://laceylangford.com/podcast/MilMoneyCon23/
Making change can be difficult. It’s usually something new that takes time and motivation to stick with. But what if you created a system to help you make the changes you want in life and keep them for the long haul?
In this episode, Dr. Ryan Law breaks down why change is difficult, the human behaviors behind it, and the systems you can create to improve your finances.
Ryan Law is award-winning educator who teaches in the Personal Financial Planning program at Utah Valley University. He is a Certified Financial Planner™ professional (CFP®) and an Accredited Financial Counselor (AFC®).
Show notes can be found here: https://laceylangford.com/podcast/system-to-make-change/
Helping others improve their financial lives can be rewarding. Do you have a passion for personal finance and want to make it a career? If you’re a military spouse, now is a good opportunity to get started.
In this episode, Accredited Financial Counselor (AFC) candidate Dr. Brandon Shurn discusses the 2023 FINRA Foundation Military Spouse Fellowship. We discuss what it is, employment opportunities, and how you can apply.
Brandon is a military spouse, mental health professional, and counselor educator, holding a Doctor of Philosophy in Counselor Education and Supervision and a Master of Science in Clinical Mental Health Counseling. He is also a 2022 FINRA fellow, currently working on completing his experience hours to qualify for his AFC designation.
The show notes can be found here: https://laceylangford.com/podcast/2023-military-spouse-finra-fellowship
If it comes down to paying taxes or getting a return, we can all say, get a tax return, hands down. But if you’re getting a big fat return every year, is that the best use of your money?
In this episode, I talk with tax expert, Dr. Simon Karmarkar about what getting a tax return really means for your finances, how you can better plan your finances, and taxes and resources to use.
Dr. Karmarker is an Army veteran who holds a Doctorate in Management with an emphasis on Organizational Leadership. He’s an author, public speaker, Gestalt therapist, and CEO of Refund Wiz, the first AI/ML smartphone e-filing tax return app. Dr. Karmarkar is a contributing author for “Diversity and Inclusion in the Global Workplace” through the Center for Workplace Diversity and has been an adjunct professor at Loyola Marymount University. He is the former Founder/CEO of HelpMeNow, a pioneer in tele-clinical healthcare. As Founder/CEO of Anamika Recovery Center, Dr. Karmarkar brought awareness about addiction and treatment solutions to the Indian American community and a nomination as Sony Entertainment South Asian Person of the Year.
The show notes can be found here: https://laceylangford.com/podcast/what-getting-a-tax-refund-really-means
Something rare is going on in the military community. Right now, until the end of 2023, there is an Open Season for the Survivor Benefit Plan. It’s part of the 2023 National Defense Authorization Act (NDAA) enacted by Congress. The SBP is one of the biggest decisions you make retiring from the military, one that can have a lasting impact on your retirement money. If you weren’t happy with the decision you made at retirement, now’s your chance for a redo.
In this episode, Heath Walrath breaks down what the Survivor Benefit Plan is, what the open season is, what factors you should consider, and how to make a decision that works for you and your family.
Heather is an Accredited Financial Educator who has enjoyed working with military members and families for the last 14 years while empowering them with financial education. She’s a 2009 FINRA Military Spouse Fellow and holds a BA in economics from the University of Georgia and a paralegal certificate from the Denver Paralegal Institute. She is also an accredited Veteran’s Service representative. Heather has worked as a Personal Financial Counselor (PFC) with all branches of the military, including the Guard and Reserve components, as part of both the non-profit education sector and the Department of Defense PFC network. She is considered to be a subject matter expert on military survivor benefits.
The show notes can be found here: https://laceylangford.com/podcast/survivor-benefits-plan-open-season/
Setting and creating a plan to accomplish your goals can greatly increase your chances of being successful with your desired outcome but too often, people feel like goal setting is pointless or don’t end up not sticking with it.
In this episode, I talk to Certified Financial Planner Matt Miner about how you can take your goals to the next level, how to stay with them, and the resources and techniques to use.
Matt is the founder & CEO of Miner Wealth Management, an independent, fee-only, fiduciary advisor headquartered in Raleigh, NC.
The show notes can be found here: https://laceylangford.com/podcast/setting-next-level-financial-goals/
Building a career around military life is challenging for military spouses. Out of frustration, many spouses choose an entrepreneurial path to take control of their career path and earning power. But being a military spouse entrepreneur comes with its own unique set of challenges.
In this episode, I talk with Attiyya Ingram about the things military spouses should know about being an entrepreneur, taxes, some of the challenges military life on entrepreneurship, and how to handle them.
Attiyya is a military spouse, entrepreneur, and Accreditated Financial Counselor. She is a native of Philadelphia, Pennsylvania, where she graduated with honors from Hampton University with a B.S. degree in Accounting.
The show notes can be found here: https://laceylangford.com/podcast/military-spouse-entrepreneurs-and-taxes
I think most of us have daydreamed about making or winning a bunch of money. I mean, who wouldn’t want to come into money? It’s a thrilling thought. The lottery or gambling is built on the dream of hitting it big. But what happens when it goes too far and impacts your finances and life?
In this episode, I talk to Dave Yeager, a recovering gambling addict, about how gambling addiction took hold of his life on active duty, its negative impacts on his life and money, and how he got help through the VA.
Dave is an 11-year veteran of the US Army and is in recovery from gambling addiction. Dave hosts the Problem Gambling Podcast for military service members. He also serves on the military committee for the National Council on Problem Gambling.
The show notes can be found here: https://laceylangford.com/podcast/gambling-addiction/
January is financial wellness month and a time to remember the importance of your financial well-being. You’ll always work on financial well-being, like your physical health, but what are some best practices to stay in top financial shape?
In this episode, Dr. Megan Ford shares tips on how to develop and maintain financial wellness for the long haul.
Dr. Ford is a financial therapist and consultant passionate about helping individuals and couples find more balance and understanding in their relationship with money.
Megan has a Ph.D. in financial planning and a Master’s degree in marriage and family therapy. She served as the Financial Therapy Association's President and has co-authored a textbook, The Fundamentals of Writing a Financial Plan.
The show notes can be found here: https://laceylangford.com/podcast/developing-financial-wellness/
Many parents struggle with saving for their own future while paying for their children’s education. It’s a tough call, your future or theirs. The decision doesn’t have to be all or nothing.
In this episode, I talk to Matt Meline about how you can balance saving for retirement while paying college expenses for your kids and how to prepare for life after your kids leave the nest.
Matt is the Founder and CEO of PrairieFire Wealth Planning in Des Moines, Iowa. After an eventful journey of sending his four children to college and becoming an Empty Nester, he authored the book Empty Nest Full Pockets. He hopes to help other parents navigate the challenging transition of getting one's kids ready to launch while also preparing to become an awesome empty nester! He believes in life-centered financial planning, which focuses on his client's return on life, not just their return on investment.
The show notes can be found here: https://laceylangford.com/podcast/tuition-dilemma/
If life throws curve balls, military life throws wrenches. No joke, It seems like the unexpected happens at a higher frequency in the military. And it’s often things we don’t have experience with. Because of that, it can be hard to figure out how to handle the challenge or situation put in front of you.
In this episode, I talk with fellow milspouse and Accredited Financial Counselor Kate Horrell about her new Everything You Need Binder and how it can help you and your family be prepared for the wrenches military life can throw your way.
Kate Horrell is a personal financial educator who helps the military community make the most of their pay and benefits. She shares the most up-to-date information in understandable terms and highlights how rules, programs, and laws will directly impact your personal finances. With over ten years working with thousands of military families, she understands the concerns of currently serving, retired, and veteran families.
The show notes can be found here: https://laceylangford.com/podcast/everything-you-need-binder/
Veterans are no different from service members regarding being targets of predatory financial practices and fraud. According to a 2019 report put together by the BBB Institute for Marketplace Trust and the Association of Military Banks of America, called the Military Consumers & Marketplace Trust: An Analysis of Marketplace Challenges Facing the Military Community, of the scams reported, the military community suffered financial losses 32% higher than the population as a whole.
Now there is a new benefits card to help veterans and military communities protect their benefits and finances.
In this episode, I talk to Andia Dinesen, Executive Vice President for Communications & Operations for the Association of Military Banks of America (AMBA), about what the card is, how it can help, how it’s different from normal debit cards, and how to get one.
Being in the position to give money to help others is amazing. To be able to give to those in need can have a lasting impact on a person, family, or organization. But how do you give in a way that aligns with your values and where it will have the greatest impact?
In this episode, I talk with Michael Thatcher about how to make smart, informed financial decisions regarding charitable giving.
Michael leads Charity Navigator in its efforts to make impactful philanthropy easier for all by increasing the breadth and depth of evaluation methodologies to facilitate ratings coverage of substantially larger numbers of charities and expand how the information engages new and existing audiences.
Michael shares tips on how to find a person, place, or organization to give value or money to, things to look for, and how to evaluate your giving impact over time.
If you are even thinking about your kid going to college, you’ll want to learn more about the Free Application for Federal Student Aid, better known as the FAFSA® form. You may or may not have heard of it, and be aware of all of the benefits your child can receive by filling it out.
In this episode, I talk to FAFSA expert, John Tamrat about the form, when, and how to fill it out, and the benefits you can receive. I won’t spoil it for you, but it’s more than tuition aid.
John is partner success manager at Moneythink, the student-first nonprofit that demystifies college costs to empower more students to graduate with minimal financial burden. Prior to joining Moneythink, John supported students and families in education and workforce development as a Case Manager for Fresh Lifelines and as a Youth and Program Coordinator for Genesys Works. As a first-generation immigrant to the United States, he understands how difficult it can be to navigate the US education system with limited resources and support. He believes educational opportunity shouldn’t come at the cost of financial security.
One way or another, you will leave military service, and your finances will change when you do.
In this episode, I talk to Clay Stackhouse, about how you can prepare your finances long before you leave the military.
Clay Stackhouse is a Regional Outreach Manager at Navy Federal. Clay previously served in the Marines for 25 years, having been a Navy Federal member for 34 years. He is passionate about interacting with military families on all things personal finance.
Clay shares tips on when to start preparing your finances to leave the military, the things you should not do, and how to keep your finances strong long after you leave the military.
The show notes can be found here: https://laceylangford.com/podcast/finances-for-leaving-the-military/
There are two ways you can increase your financial situation. Make more or spend less. Geoartbigae is a way to reduce your living costs and make your income go further. Have you heard of it?
If not, in this episode, Stephanie Montague shares her knowledge and tips geoarbitrage. She explains what it is, who it’s for, and how it works best.
Stephanie is the founder and President of Poppin' Smoke, a website dedicated to helping members of the military community take advantage of their travel-related benefits. She has been traveling and living abroad with her husband since his Army retirement in 2015. They fly Space-A on military aircraft and use military facilities worldwide. Before her life of travel, Stephanie was a management consultant and marketing professional.
The show notes can be found here: https://laceylangford.com/podcast/geoarbitrage/
Managing your money goes beyond spending less than you make and saving money. You also want to get the most out of every dollar you work your butt off for. Using tax advantage accounts is one way to squeeze the most out of your money. But how do you know where to put which dollar?
In this episode, I talk with Sean Mullaney about picking the best tax basket for your different types of assets.
Sean is a financial planner and CPA licensed in California and Virginia. He operates a solo financial planning firm in California. He blogs about the intersection of tax and financial independence at fitaxguy.
The show notes can be found here: https://laceylangford.com/podcast/best-tax-basket/
What you do right now can have a positive impact for your future self. The planning and actions you take now can mean a better retirement for you and your family. But what should you be doing and when?
In this episode, I talk with my friend and fellow podcaster, Wes Moss, about habits you can practice right now to become a happy retiree.
Wes Moss is a CERTIFIED FINANCIAL PLANNER™, managing partner and chief investment strategist at Capital Investment Advisors, an Atlanta-based RIA with $4 billion in assets under management. He’s the host of Retire Sooner, a nationally recognized podcast dedicated to helping 1,000,000 people retire sooner. Moss hosts Money Matters, the country’s longest-running weekly call-in financial show on 95.5 WSB Atlanta’s News and Talk. In addition to What the Happiest Retirees Know, Moss is the author of three other books, including 2014’s bestselling You Can Retire Sooner Than You Think. Moss served as the financial columnist for the Atlanta Journal-Constitution for over a decade, is editor of WesMoss.com; and is a frequent resource for journalists across all mediums.
The show notes can be found here: https://laceylangford.com/podcast/happy-retiree/
Investing is for the future, but you’re still spending your money. We invest in funds but do you really know what you’re investing in or how it works? When you’re putting money on it, it’s good to know how your dollars are being invested.
In this episode, I talk with Julie Cane about how we can better be aware of how we are investing our dollars.
The show notes can be found here: https://laceylangford.com/podcast/knowing-what-youre-investing-in/
You all know, I’m a big fan of free financial help. It’s a major benefit service members receive while on active duty and in retirement. It’s also a benefit available to their family members. Just like anything in life, sometimes the information isn’t relayed correctly.
In this episode, I talk with Lieutenant General (retired) Raymond V. Mason, the director of Army Emergency Relief, about some of the misconceptions about military aid societies and the resources AER provides.
General Mason became the ninth Director of Army Emergency Relief on 1 January 2017. General Mason retired from the United States Army in October 2014, after serving 35 years on active duty, the last 12 as a General Officer. Following retirement, General Mason joined VT Systems in Alexandria, VA, as the Chief Operating Officer. VTS is a US-based company with global commercial and government/military-focused capabilities in Aerospace, Shipbuilding, Ground Systems, and Electronics; including over 5,000 employees and $1.2B in annual revenue.
The show notes can be found here: https://laceylangford.com/podcast/military-emergency-relief/
November is Veteran’s Appreciate Month. It’s a whole month to support the veteran community. A special part of this month is veteran business week. In honor of the special week. I want to talk about some of the biggest lessons I’ve learned in business in hope it will help other veterans and military spouses in the entrepreneurship journey. I also reached out to some past Military Money Show guests and asked them all:
- What is the biggest mistake you've made in business that you learned the most from?
- What is the best decision you've ever made in business?
In this episode, I share their responses and my top 10 business lessons.
So you have a TSP account that you’re putting money into each month. Now what? Deciding what to put your money into can feel like an overwhelming decision.
In this episode, I talk with Patrick Elliott about strategies you can use to invest in your Thrift Savings Plan.
The show notes can be found here: https://laceylangford.com/podcast/tsp-investment-strategies/
Separating or retiring from the military is a big undertaking that encompasses your world. It causes many shifts in your life, from finances to location to your identity. It’s a lot for one person or family to take on alone. Getting a helping hand can go a long way to ensuring a successful transition out of the military.
In this episode, Jodi Vickery breaks down the Partnership for Your Success program, how it can help with your transition out of the military, and how the Armed Forces Bank is assisting.
Jodi is the Executive Vice President and Director of Military Consumer Lending at the Armed Forces Bank. She is also a military spouse with over 23 years of experience serving the military community in the consumer finance industry. In addition to her professional career, Jodi has been recognized as the Volunteer of the Year for the U.S. Army’s Kansas City Recruiting Battalion and USAREC 5th Brigade.
Jodi shares more about their strategic partnership and how it allows serving Armed Forces members to serve their country while they prepare for their future.
The show notes can be found here: https://laceylangford.com/podcast/beyond-transition-assistance/
It’s still happening. Inflation is high. In fact, it’s at a 40-year high and impacting service members and their families in a big way. With the increase in inflation comes an increase in interest rates, making people feel it from groceries to cars and homes they buy.
In this episode, corporate economist Robert Frick is back to give an update on the state of the economy and how you can take steps to protect yourself from high inflation.
Robert is Navy Federal’s corporate economist. In addition to economics, Bob is an expert in personal finance, having worked as an editor at Kiplinger’s Personal Finance magazine for 15 years, and also an expert in behavioral economics, or the study of people’s behaviors surrounding money. In addition to Kiplinger’s, Bob was a newspaper reporter and editor for 15 years.
The show notes can be found here: https://laceylangford.com/podcast/high-inflation/
Decisions that have the potential for big financial impact can be difficult to make. Especially if the decisions don’t go according to plan and have negative financial consequences.
In this episode, I talk to Certified Financial Planner Adrienne Ross about how you can simplify complex money decisions in a way to help you make them quickly with the best possible results.
Adrienne is the founder of Clear Insight Financial Planning, LLC. Her approach to financial planning is deeply rooted in over a decade of experience as a Personal Financial Counselor serving military members and their families. Holding the Accredited Financial Counselor® designation, as well as, being a Certified Financial Planner® Professional and Chartered Financial Consultant® allows Adrienne to help her clients design financial plans that allow them to live great lives today, while building financial freedom.
The show notes can be found here: https://laceylangford.com/podcast/complex-financial-decisions/
To celebrate Episode 200 of the Military Money Show, I'm opening it up for listeners to Ask Me Anything. I'm answering questions listeners have sent in and want to know about me.
You can find the show notes here: https://laceylangford.com/podcast/200th-Episode/
Many families in the military community are dealing with the BIG D, and I’m not talking about debt. I’m talking about divorce. It’s the reality many married couples face, whether your military or not. Unfortunately, the military ratchets the degrees of difficulty in relationships when you add in frequent moves, unemployment, deployments, PTSD, and high-risk jobs. It’s not a fun topic, but one many of you have asked me to cover because of a divorce's financial ramifications on couples.
In this episode, I talk with Daniel Yerger, a Certified Divorce Financial Analyst, about how you can prepare your finances for a divorce. Daniel is a Certified Financial Planner®, Army PSYOP veteran, and the owner of MY Wealth Planners®, a fee-only RIA in Longmont, CO. Daniel is both a financial planning practitioner and researcher, as a doctoral student in Kansas State University's Personal Financial Planning Ph.D. program, where he studies compensation and conflicts of interest.
Daniel shares insight on how to handle your finances before and after divorce, when to get help, and the unique financial aspects that impact service members and spouses in a divorce like retirement and VA disability benefits.
Show notes can be found here: https://laceylangford.com/podcast/prepare-for-a-divorce/
September is College Savings Month which is an important part of many people’s finances. For most military members, the GI Bill plays a part in the planning. We often talk about what the GI Bill is and the benefits you receive but what we don’t talk about enough is how to actually use it.
In this episode, I talk with Mike Hunsberger, a Chartered Financial Consultant, and Air Force veteran, about using your GI Bill benefits. Mike launched Next Mission Financial Planning to help military, retirees, and veterans gain control of their finances. Before launching Next Mission, Mike spent 25 years in the Air Force with various assignments in the communications and cyber fields and commanding at the detachment, squadron, and group levels.
Mike shares the planning you should put into using your GI Bill, how far out that should begin, what to do when you have more than one child using benefits, and mistakes to avoid along the way.
The show notes can be found here: https://laceylangford.com/podcast/plan-for-your-gi-bill/
It’s that time of the year, folks. It’s my Birthday week, which means I get to do whatever I want. I love being able to celebrate my bday every year with you and the special people in my life. In years past, I’ve had my siblings, my Dad, and last year, my grandma on the show to help me celebrate. This year, I have another special guest to help me celebrate.
The show notes can be found here: https://laceylangford.com/podcast/bday-bash-2022/
Life insurance is an important part of protecting the financial future of those you love. Just like other financial decisions, there is a lot to know before deciding when, where, and what to buy.
In this episode, I talk with Melissa Schreur about the why behind getting life insurance and when to get it.
Melissa Schreur is a military spouse and seasoned insurance professional. Since insurance was her first love before marrying her service member, she naturally developed a passion for helping military families with their life insurance coverage. As the owner of Insure The Heroes, she is on a mission to create more awareness on the value of obtaining individual life insurance!
Show notes can be found here: https://laceylangford.com/podcast/buy-life-insurance/
Life insurance is an important part of protecting the financial future of those you love. Just like other financial decisions, there is a lot to know before deciding when, where, and what to buy.
In this episode, I talk with Melissa Schreur about the why behind getting life insurance and when to get it.
Melissa Schreur is a military spouse and seasoned insurance professional. Since insurance was her first love before marrying her service member, she naturally developed a passion for helping military families with their life insurance coverage. As the owner of Insure The Heroes, she is on a mission to create more awareness on the value of obtaining individual life insurance!
Show notes can be found here: https://laceylangford.com/podcast/buy-life-insurance/
It’s time for part two of my student loan shows. The Public Student Loan Forgiveness Program has a big perk from serving in the military—student loan forgiveness. Sadly, not as many people use it as should.
In this second episode, Adam Hagerman explains what you need to know about the PSLF to take advantage of the program.
Adam is an AFC®, CFP®, with a mission to provide financial education that is easy to understand and free from outside influence.
In addition to his financial education site, Adam also works full-time as a civilian for the federal government. In his position, he's provided financial coaching and education to thousands of civilian and military employees over the past 10 years.
Adam shares what the program is, who it’s for, when you should start submitting your information, and mistakes to avoid.
The show notes can be found here: https://laceylangford.com/podcast/pslfp/
Student loans are a hot topic right with a lot of moving parts. It’s something that can change the amount of money you owe or the length of time you make payments. Because there is a lot to know, I’m doing a two-part series on student loans.
In this episode, I talk with Adam Hagerman about the Limited Public Service Loan Forgiveness Waiver. Adam is an AFC®, CFP®, with a mission to provide financial education that is easy to understand and free from outside influence.
In addition to his financial education site, Adam also works full-time as a civilian for the federal government. In his position, he's provided financial coaching and education to thousands of civilian and military employees over the past 10 years.
In this first episode, Adam breaks down what the Limited Public Service Loan Forgiveness Waiver or LPSLF is, who it’s for, the financial benefits, requirements and more.
Show notes can be found here: https://laceylangford.com/podcast/pslfw/
Saving money is something we all need, but how we go about it can look different. We’re all in different stages or places in our lives. Savings for a single-parent service member might look different than dual service members.
In this episode, Kia McCallister-Young shares simple steps to start saving money based on your situation. Kia is the Director of America Saves, a campaign managed by the nonprofit Consumer Federation of America that helps others save money, reduce debt, and build wealth.
Kia’s professional experience includes founding a successful marketing consulting agency focused on designing timeless communications strategies that clarify messaging and building an ideal community that converts.
As an Air Force veteran and former military spouse, Kia has great advice to save money where you’re at in life.
The show notes can be found here: https://laceylangford.com/podcast/simple-steps-to-start-saving/
Looking back on your life, will it look the way you want? Will you have accomplished everything you wanted to, spent time with the people you wanted, and reached your financial goals? Will you be at peace?
In this episode, I talk with Jordan Grumet about how to reach financial freedom without regret. He is the host of the award-winning Earn & Invest podcast and author of the newly released book, Taking Stock: A Hospice Doctor’s Advice on Financial Independence, Building Wealth, and Living a Regret-Free Life. Jordan discovered financial independence as a burnt-out physician.
Show notes can be found here:
https://laceylangford.com/podcast/financial-freedom-with-no-regrets/
Parents want the best for their kids. Because of that, it’s a balancing act of helping them and helping them help themselves. That applies to finances too.
In this episode, I talk to Bobbi Rebell about how to set your teens and young adults up for financial success. Bobbi is a CFP® and the author of Launching Financial Grownups: Live Your Richest Life by Helping Your (Almost) Adult Kids Become Everyday Money Smart. She is a financial literacy advocate, the host of the Money Tips for Financial Grownups podcast, and the founder of GrownupGear.com. Bobbi was previously a global business news anchor and personal finance columnist at Reuters and held various journalist positions at top news outlets, including CNBC, CNN, and PBS.
Bobbi shares what you can do now to help your kids be financially successful on their own. From budgeting and saving to understanding their first 401k and homeownership, Bobbi gives some practical steps on how to go about it.
The show notes can be found here:
https://laceylangford.com/podcast/financial-success-as-an-adult/
Credit card debt can get many people in trouble, but for some, credit cards help them travel and do more for less.
In this episode, Derrick Dye, the Co-Founder of Travel on Point(s). Shares some tips and best practices for traveling on credit card points.
Derrick always loved to travel and early on figured out a few tricks to save money on airfare and hotels through loyalty programs. But it wasn't until he and his wife started opening up credit cards for rewards to enhance their travels that he really understood the value. Now Derrick spends his time running a Facebook group, writing blog posts, and hosting zoom sessions to teach people how to maximize their rewards to Travel on Point(s).
Derrick shares tips to get started, some rules of thumb for credit cards, benefits you can receive, and most importantly, mistakes to avoid when using credit cards for points.
Show notes can be found here:
https://laceylangford.com/podcast/traveling-on-points/
We’re in some financial strange times. Inflation is up, interest rates are rising, the supply chain is messed up, there’s lots of volatility, and we’re coming off COVID. But how do you balance everything that’s going on, stay consistent and create plans for your finances?
In this episode, I talk to Profit First Professional Rocky Lalvani, who has an MBA and is an Enrolled Agent, about what things you can control during these times, how to work on them and how to tune out the things out of your control.
Show notes can be found here: https://laceylangford.com/podcast/financially-focused-in-strange-times/
Money esteem is important. You have to have faith in your abilities to manage your money. If you have debt, you need faith in your ability to get out of debt. If you’re saving for retirement you need faith in your ability to save and invest money each month. And you need faith in your ability to live within your means.
Here are five ways you can build money esteem.
Show notes can be found here:
https://laceylangford.com/podcast/money-esteem/
Military married to military has its own sets of benefits and challenges. On one hand, you have great benefits and income but on the other, you have separations and a whole lot of planning and prep to make married and military life work.
In this episode, I talk to Certified Financial Planner and veteran, Katie Cannon. Katie is a fee-only financial planner and founder of Money Pilot Financial Advisor. She helps military service members and federal employees envision and build their best financial life. Katie served in the Army as a Black Hawk helicopter pilot and now enjoys riding her horses and life on the farm.
Katie shares advice on how dual-military couples can best plan their finances during and after service. She talks about the best thing dual-military couples can do to prepare for retirement and how to plan for the additional expenses of being married to another service member. As well as some considerations you may not know you should be taking with your money now, so it’s not a problem later.
Show notes can be found here: https://laceylangford.com/podcast/tips-for-dual-military-couples/
A military spouse’s retirement is an important part of a military family’s retirement planning. Thankfully more and more military spouses are taking advantage of using Individual Retirement Accounts or employer 401ks to save for their future. The challenge for military spouses is to decide what to do in situations where you have multiple 401k accounts because of your many job changes due to PCSing.
In this episode, I talk with Patrick Ortman, a military spouse and a Certified Financial Planner on best practices military spouses can use to help them make decisions and manage multiple 401ks.
Patrick founded Ortman Financial Planning in 2016, a financial planning and investment management firm located in Bethesda, MD. He has a strong focus on his clients’ overall financial well-being and recognizes that money is only a tool to help achieve the vision each person has for their life.
Show notes can be found here:
https://laceylangford.com/podcast/multiple-401ks/
This week marks the 78th Anniversary of the signing of the GI Bill. The GI Bill benefit is right up there with free medical care when it comes to perks for serving in the military. The value of your Post 9/11 GI Bill benefit is not only big, the impact it can have on your future earnings and quality of life is even greater. Just like any planning for transitioning out of the military, there is some prep and planning that goes into getting the most out of your GI Bill benefit.
In this episode, I talk to veteran benefit expert, Dr. Paul R. Lawrence on how to plan and get the most out of your Post GI Bill benefit, mistakes to avoid, and how to transfer your benefit to your dependents.
Dr. Lawrence is an Army veteran, author, and passionate Veteran advocate. For almost three years, he served as Under Secretary of Benefits at the U.S. Department of Veterans Affairs. As Under Secretary, he was in charge of the Veterans Benefits Administration (VBA).
Show notes can be found here: https://laceylangford.com/podcast/your-post-9-11-gi-bill-benefits/
We talk a lot about saving for retirement but often not about drawing from all of your retirement savings when it comes time. The 4% rule is important when it comes to withdrawing your retirement savings each year.
In this episode, I talk with Rob Berger about what the 4% rule is, how it came about, how it works and the impacts inflation can have on it.
Rob is the host of the Financial Freedom Show on YouTube and author of Retire Before Mom and Dad. Through his YouTube channel and blog, robberger.com, he helps folks navigate the world of investing and retirement planning.
Rob shares a wealth of knowledge about retirement, the 4% rule, and how it applies to military pensions.
Show notes can be found here: https://laceylangford.com/podcast/inflation-and-the-4-percent-rule/
Do you know what the SBP decision is? If not, you’re not alone. A lot of service members and spouses don’t know it’s a decision they will be faced with come retirement time. And many don’t know the factors they should consider in the decision.
In this episode, I talk with a Survivor Benefit Plan expert, Kate Horrell about the questions you should know the answers to before you decide on whether or not to elect the SBP for service members' pension.
Kate Horrell is a military spouse, Accredited Financial Counselor, and personal financial educator who helps the military community make the most of their pay and benefits. With over 10 years working with thousands of military families, she understands the concerns of currently serving, retired, and veteran families.
Show notes can e found here: https://laceylangford.com/podcast/survivor-benefit-plan-faqs/
In honor of PCS season, I’m bringing back one of my popular shows to share with you. It’s my interview with Christine Carol "C.C." Gallagher, the Founder of Military Quality of Life Consulting, LLC and the Stressless PCS Kit. C.C. and I have a great conversation filled with lots of great tips on how to reduce stress in your next PCS. I hope you enjoy this show.
Show notes can be found here: https://laceylangford.com/podcast/how-to-have-a-stressless-pcs/
Serving 20 years in the military comes with a pension and benefits that if planned out right can give you peace of mind and help your financial future.
This episode is an encore of an interview with CFP, Kit Lancaster on how you can plan out your pension and benefits now to help reach your financial goals.
Here is the encore of Mapping Out a Plan For Your Pension and Benefits.
Show notes can be found here: https://laceylangford.com/podcast/plan-for-your-pension-and-benefits/
With inflation on the rise, everyone’s looking at their money a little closer and ways to make every dollar go a little further. That includes your investments and savings.
In this episode, I talked with Marine veteran and Certified Financial Planner Josh Bannerman about what you should know about I Bonds before investing in them. You may know Josh as OG on the Stacking Benjamins Podcast.
Josh breaks down what I Bonds are, how they can be used in your investing and savings plan, and bonds' role in your investment portfolio. It might not be what you think.
Show notes can be found here: https://laceylangford.com/podcast/investing-in-i-bonds/
May is a big month for the military community. It’s Military Appreciation Month, and that includes Military Spouse Appreciation Day and Mother’s Day.
Military spouses are the backbone of the military community. Now, I know I’m biased, but they keep the home fires burning and households functioning through all the transitions military life includes. They’re the constant in PCSing, military schools, deployments, childcare, careers, and more. For many different reasons, military spouses are often not working or are working in jobs that don’t have retirement savings options through their employer.
With all the transitions and un and underemployment, retirement savings for a military spouse is often put on the backburner or, worse, not even considered. On the other side, service members are often working towards a pension, contributing to the Thrift Savings Plan, and in some cases saving in individual retirement accounts.
I want to bring military spouse retirement savings top of mind in this episode. I’ll go over two ways military spouses can save for retirement.
The first MilMoneyCon is done and I’m here to tell the tale for those that couldn’t make it. Here's how it went.
Show notes can be found here:
https://laceylangford.com/podcast/milmoneycon22-recap/
Past mistakes, hurt, and experiences can stay top of mind to the point we put them on replay.
In this episode, I talk with Dr. John Delony about steps you can put on repeat to create a path to well-being to improve your finances, marriages, and relationships.
Dr. John Delony is a national bestselling author, mental health and wellness expert, and host of The Dr. John Delony Show. He holds two PhDs – one in Counselor Education and Supervision and another in Higher Education Administration. Before joining Ramsey Solutions, John spent two decades working as a senior leader at multiple universities, a professor and researcher, and a crisis responder. Now as a Ramsey Personality, he teaches people how to reclaim their lives from the madness of the modern world.
Dr. John shares some awesome advice on how we can change the stories we tell ourselves, and reduce the negative self-talk to help shape a better future.
Show notes can be found here:
https://laceylangford.com/podcast/make-a-better-future/
Social Security is something we know is there but do you know what your benefits are, when you can receive them and how do you get them.
In this episode, I talk with Social Security Expert, Lizna Odhwani about the ins and outs of Social Security.
Liz is a Social Insurance Specialist at Social Security Administration. She shares the latest news on Social Security, how you can find answers to your situation, and the resource you can use.
Show notes can be found here: https://laceylangford.com/podcast/social-security-101
There are conversations we know we need to have but often avoid them because we know they are going to be difficult. You know the convo is going to lead to a fight, or someone being hurt or even. How can you have those hard conversions in a way that is productive?
In this episode, I talk with difficult conversation experts Sheila Heen and Ivanka Diaz Canzius.
Sheila has been teaching Negotiation at Harvard Law School for more than 25 years, and now directs the Negotiation Teaching Program. She is also a Founding partner at Triad Consulting. She is a co-author of the New York Times bestsellers "Difficult Conversations, How to Discuss What Matters Most" and of "Thanks for the Feedback: The Science and Art of Receiving Feedback Well."
Ivanka is an Army veteran serving for 10 years as a JAG paralegal. She is currently a Juris Doctor Candidate at Harvard Law.
Sheila and Invaka talk about what difficult conversions are made up of, how to have them, mistakes to avoid, and how to have the hard conversions when you really don’t want to try anymore.
Show notes can be found here: https://laceylangford.com/podcast/difficult-money-conversations
Taxes deductions are probably on your mind. You want as many as you can get but which ones can you take. And what deductions should military families know about?
In this episode, I talk with military spouse, Sarah Bumgardner, the Member Benefits Coordinator with AAFMAA. We talk about tax deductions and ways military families can be prepared with their taxes.
Sarah previously served AAFMAA as a Senior Veterans Affairs Coordinator, SpouseLink ambassador, and as a Relationship Manager for AAFMAA Wealth Management and Trust.
Sho notes can be found here: https://laceylangford.com/podcast/tax-deductions-for-military-families
Careers paths aren’t always straight and easy to navigate. In fact, for many veterans and military spouses, they’re almost always filled with curves or are ones you have to carve along the way. That’s the case for my guest, Alex Hopkin.
Alex Hopkin, is an Accredited Financial Counselor®, Certified Financial Planner®, and is the founder of Simply Paraplanner, a job board website connecting financial planning firms with virtual hires across the country.
Alex will be the opening keynote speaker at the first-ever MilMoneyCon April 21-23 in Cary NC. I can’t wait for her to share her message with fellow military financial professionals.
In this episode, Alex shares how she got her start as a financial professional, and the impacts being a military spouse had on her career. She also shares a little sneak peek into her keynote speech next month.
The show notes can be found here: https://laceylangford.com/podcast/creating-your-career
I’m super stoked for this episode today. I’m sharing the latest and greatest details on MilMoneyCon22.
If you haven’t heard, I’m putting on a conference for financial professionals that are united by military service. It’s happening April 21-23 at the Embassy Suites by Hilton Raleigh Durham Research Triangle in Cary, NC. And although it’s nerve-wracking doing something new, I know amazing things are going to come out of everyone coming together so that is my focus—bringing the military and money professionals together.
In this episode, I’m going to give you all the latest details about MilMoneyCon and what everyone can expect: the schedule, speakers, events, and more.
For tickets, hotel information, speakers bios, and more, visit https://milmoneycon.com
Show notes can be found here: https://laceylangford.com/podcast/milmoneycon22
Service members separating and retiring from the military face a unique set of financial challenges. Challenges that can have lasting financial ramifications unless you prepare for them.
In this episode, I talk with Dr. Ann James about the financial challenges veterans face, how you can better prepare for them before you get out, and resources you can use now.
Dr. Ann James is a fellow Air Force veteran, Accredited Financial Counselor, and podcaster. She’s the founder and CEO of Financial Freedom Battle Buddies, with the mission to educate and equip military service women and veterans to renew their mindset, regain control over their behavior, and reclaim confidence in their ability to manage money so that they can live life freely.
Show notes can be found here: https://laceylangford.com/podcast/financial-issues-veterans
Making money as a military spouse is a mission in itself. We all know milspouse un and underemployment takes its toll on a military family’s budget. To tackle the challenge many milspouses are thinking outside the box to create their own earning power. My guests did just a thing but on a big scale.
In this episode, I talk with Lisa Bradley and Cameron Cruse the founders of the uber-successful handbag company, R. Riveter about creating income through entrepreneurship. Saying they’re a handbag company is an understatement of their brand. Cameron and Lisa not only created a company to solve their own income and employment struggles, but they also created a company that helps hundreds of other milspouses earn a living wherever the military sends them.
The show notes can be found here: https://laceylangford.com/podcast/r-riveter/
Do you know a millionaire? If you said no, you’re probably wrong. According to a 2021 report by Credit Suisse, there are almost 22 million millionaires in the U.S. That means you probably know a millionaire or two and they may even be in your neighborhood.
In this episode, I’m talking with Brian O'Neill, CFP and Air Force veteran about the actions you can take to start working towards millionaire and financial independence status.
Brian retired in 2020 after 23 years of flying the F-16, F-35, and commanding up to the Group level.
Brian began the path to become a CFP mid-career and started his firm in January 2021. As a fee-only fiduciary, Brian’s focus is on military pilots but helps families across the military and veteran community.
He is part of the VA's Beneficiary Financial Counseling Services program and works with survivor families as well.
Separate from his firm, Brian moderates a private Facebook group called "Fighter Pilot Finance" with over 1,000 members.
Brian will also be speaking at MilMoneyCon in April.
Show notes can be found here:
https://laceylangford.com/podcast/military-millionaire-next-door/
For most of us, buying a home is the single biggest spend we’ll ever make. Buying a house costs a lot of money but do you know how much the house you’re buying really costs?
In this episode, Danetha Doe shares some of the costs that come with homeownership that you’re probably not aware of until you’ve signed on the dotted line.
Danetha is a writer and financial wellness educator for Clever. Clever’s expert advice, reviews of service providers, and data-driven research help more than 12 million readers make smarter real estate decisions each year.
Danetha is also the creator of Money & Mimosas, a wealth education company for folks that move to the beat of their own drum.
Show notes can be found here: https://laceylangford.com/podcast/costs-of-homeownership/
Taxes can be intimidating. There’s a lot to understand. There are different types of income incomes to consider, different deductions, credits and a whole bunch more.
In this episode, we talk about what you should know about the Advance Child Tax Credit. How it’s different from the Child Tax Credit, the impacts of advance payments, what divorced couples should know, and how to plan and get help with your taxes.
My guest, Jerry Zeigler is a 20 year US Navy submarine veteran and a military spouse, who has experienced both sides of deployments. Jerry completed his MBA, is an Accredited Financial Counselor®, and an Enrolled Agent. He was a 2010 FINRA Foundation Military Spouse Fellow. As the owner of JZ Financial management, he provides virtual tax preparation, tax consulting, and financial counseling. Jerry is also a member of the Better Financial Counseling Network. Jerry is a SaverLife Tax Coach and who has authored several articles about taxes for them. SaverLife is a non-profit with the mission to create prosperity for working families by helping them save and invest in their futures. They do this by encouragement and gamification.
Jerry gives us all a heads up on the Advance payments for the Child Tax Credit so we can be prepared.
Show notes can be found here: https://laceylangford.com/podcast/advanced-child-tax-credit/
Blindly managing money isn’t a good idea. Being mindful of your money can help you make smart financial choices, reduce stress, and reach your goals.
In this episode, I talk with Tyson Koska about why having a mindful financial plan is important, how you can become more mindful and tools and resources to help.
Tyson is an Army veteran where he served as a helicopter pilot. He is the founder of OnTrajectory, a personal finance planning tool for individuals and professionals. After separating from the military, Tysons used his GI Bill to pursue his Bachelor's and Masters degrees and then spent the next 25 years in software development, working for large corporations in banking and insurance. Now Tyson is bringing easy-to-use and accurate financial modeling to the masses with OnTrajectory.
Tyson shares a lot of great advice on the power of being mindful and creating a plan that’s adaptable with software.
The show notes can be found here: https://laceylangford.com/podcast/mindful-money-plan/
Life is going to happen. And when it does, there’s usually a financial ramifications for it. When you know challenges and opportunities are going to come up in life, how do you keep your finances flexible enough to adapt to those times?
In this episode, my guest, Anne Lester talks about ways you can develop and sustain financial flexibility to keep your spending, saving, and investing on track during those times.
Anne is a keynote speaker and moderator that helps Millennials and GenZs save smart and retire happy.
Anne spent 20 years as Head of Retirement Solutions for JPMorgan Asset Management. Her media coverage includes CNBC, Bloomberg, WSJ, NYT, and Barron’s which featured Anne on their cover. With AARP, Anne co-founded Aspen Leadership Forum on Retirement Savings to find breakthroughs to the far-reaching problem of inadequate savings.
The show notes can be found here:
https://laceylangford.com/podcast/financial-flexibility/
Teaching money skills is something many people can do. That’s what this episode is about, how to teach money skills to your family and community and the resources you can use to do it.
My guest today, Rhonda Ashburn shares how military families can teach their children and communities about personal finance, tips to get your family interested in learning personal finance, and how their education curriculum can help.
Rhonda is a milspouse who leads the American Financial Services Association Education Foundation (AFSAEF). Their mission is to educate consumers of all ages on personal finance concepts and help them realize the benefits of responsible money management through their free financial literacy education curriculum MoneySKILL. To date, nearly 1.3 million users have enrolled in the program, comprised of 37 different modules.
Show notes can be found here: https://laceylangford.com/podcast/teaching-money-skills/
There’s more to real estate investing than you think. Did you know you can invest in mobile homes? I didn’t. In this episode, we talk about what mobile home investing is and how to invest in them.
My guest, Rachel Hernandez is an author, Air Force milspouse, and real estate investor. As a former business-to-business sales executive for various Fortune 500 corporations, Rachel has extensive training in the area of sales and marketing. With over a decade of experience, she spent several years as a landlord before taking the leap to specialize in mobile home investing. She’s the author of Adventures in Mobile Homes: How I Got Started in Mobile Home Investing and How You Can Too! and the Real Estate Investing Sucks series of books.
Rachel breaks down what investing in mobile homes looks like, how it’s different from traditional real estate investing, and tips on how to get started.
The show notes can be found here: https://laceylangford.com/podcast/invest-in-mobile-homes
Your financial plan and money management can’t be a carbon copy of what your neighbor or your best friend is doing. They aren’t you, it’s not your life. The plan you create and practice needs to be centered around your life and your realities to be successful. Even if you do that, there are going to be some mistakes along the way. We all make them. How you plan and approach your money makes all the difference. A little humor goes a long way when things get serious. The military community knows better than anyone else about finding the funny in frustrating situations.
In this episode, my guest Joe Saul-Sehy shares advice on modernizing your money management in a way that works with your goals and real life.
Joe is the creator and co-host of the Stacking Benjamins podcast and co-author of STACKED: Your Super-Serious Guide To Modern Money Management. He’s a former financial advisor and represented American Express and Ameriprise in the media.
The show notes can be found here:
https://laceylangford.com/podcast/money-planning-and-practices/
Buying a house is not just a big decision. It’s a series of big decisions. You have to find the location, the right home, in the right area. You have to apply for mortgages, make an offer, and then you have to compare mortgages to decide which one to go with. But how do you compare and make such a big financial decision?
In this episode, my guest, Kevin Parker, breaks down how to compare closing costs between lenders to make and decide which mortgage is the best deal for you.
Show notes can be found here:
https://laceylangford.com/podcast/compare-mortgage-costs/
Kevin is the Vice President of the Mortgage Origination teams at Navy Federal Credit Union. Kevin holds a Bachelor’s degree in Finance from Hampton University. He has over 23 years of lending experience working for Capital One, SunTrust, and TD Bank. He has held various leadership roles with expertise in Real Estate Lending, Commercial Lending, Business Banking, Credit Analysis, and Business Development.
Kevin gives practical advice on the ins and outs of comparing closing costs, lenders, and making the best-informed decision on mortgages.
It’s hard to believe we’re closing down 2021 and rolling into the New Year. I don’t know about you, but for me, 2021 has had some ups and downs. Some good and bad news. Some moments I never want to forget and some others I don’t care to reminisce one. So I guess it’s been a lot like other years but nothing is ever exactly the same.
It’s time for my look back over the last year. Things we’ve discussed on the show, things that happened in our community, and what’s coming for 2022.
The show notes can be found here: https://laceylangford.com
Finding your path in life and financial success can be hard. Most of us take a broken road to get where we want in life. But are there some easier ways to find your path and to work in your zone of genius? Maybe?
In this episode, Mike Zeller shares insights on how to overcome struggles in finding your path to success, how to rewrite your money story, and how to deal with imposter syndrome.
Mike Zeller is a business architect and entrepreneur mentor who helps professionals find their zone of genius and their life’s purpose. He has mentored over three hundred high-level entrepreneurs from all over the world. An entrepreneur himself, Mike has founded or partnered in over 20 ventures across multiple industries.
The show notes can be found here: https://laceylangford.com/podcast/how-to-rewrite-your-money-story/
Inflation continues to be a hot topic. Talk about the price of goods increasing is all over the news. A while back, I had Robert Frick on the show to talk about what we should all know about inflation and how it is impacting us all.
As we prepare to roll into the New Year, I thought we’d go over inflation one more time to help us financially prepare for next year.
Here is the encore airing of What You Need to Know About Inflation with Robert Frick from Navy Federal Credit Union.
Show notes can be found here:
https://laceylangford.com/podcast/inflation-encore/
The importance of family and finances for first-generation service members is something I learned early on as a financial coach in the community. There are a large number of service members that are first-generation Americans. And often those service members are financially responsible for extended members of their family. Which can have an impact on their budget and meeting their own financial obligations.
In this episode, we talk about the financial struggles that first-gen Americans face, family expectations and culture, and the importance of financial literacy.
My guest knows a thing or two about finances and first-gen families. Giovanna “Gigi” Gonzalez is a Phoenix-based financial educator with 10 years of experience in financial services. She’s a first-generation American, first-generation college graduate, and a TikTok star by the name of TheFirstGenMentor where she reaches over 160,000 followers through her educational and entertaining videos on financial literacy and career navigation.
Show notes can be here:
https://laceylangford.com/podcast/finances-for-first-generation-families/
MilMoneyCon is happening April 21-23, 2022 in Cary, NC.
I’m so happy to be able to make the announcement.
MilMoneyCon is a conference for military financial professionals. That means financial coaches, counselors, planners, educators, influencers, students, and writers from the military community.
In this episode, I give you all the details about MilMoneyCon and what everyone can expect.
The show notes can be found here:
https://laceylangford.com/podcast/planning-milmoneycon22/
Taxes aren’t top of the fun things to do every year. In fact, it’s something that a lot of us avoid. But if you do a little planning and preparation in advance, it can make tax time and your finances run a little smoother.
In this episode, I talk with Benjamin Brandt about the list of tax items you should review at the end of the year, mistakes you can avoid, and what military families need to know about taxes.
Benjamin Brandt is a CERTIFIED FINANCIAL PLANNER™ and Founder of Capital City Wealth Management, a Bismarck, North Dakota fee-only financial planning company. He’s an Iraqi combat veteran having served in the North Dakota Army National Guard for 8 years, including a 15-month deployment to Iraq in 2003.
The show notes can be found here:
https://laceylangford.com/podcast/end-of-year-tax-planning-tips-for-2021/
TRICARE not only helps take care of your health, but it also protects your wealth. Travel is a way of life for many military and veteran families. If we’ve learned anything in the military is that anytime you travel, Murphy’s Law, something is going to go wrong. Unfortunately, many times that can be your health.
Figuring out TRICARE when you’re on the move and sick or hurt is not fun. Learning about your benefits before you travel can keep your body and wallet healthy.
In this episode, John Letaw is going to break down how to use your TRICARE benefits when you travel, common misperceptions, and how to get the most out of your benefits.
Show notes can be found here: https://laceylangford.com/podcast/tricare-around-the-world/
Taking small steps to financial independence can have a big impact on your retirement. Many people talk about F.I.R.E or financial independence, retire early. But what are the steps you should take to get there? And does F.I.R.E look the same for everyone?
In this episode, my guest, Doug Nordman shares the steps you can take to F.I.R.E., how to handle debt in the process, and how to leverage your military benefits to achieve financial independence faster.
Doug served for 20 years of active duty in the U.S. Navy’s submarine force and retired in 2002 at the age of 41. He and his spouse, a retired Navy Reservist, reached financial independence in 1999 on a high savings rate.
He’s the author of “The Military Guide To Financial Independence And Retirement” and founder of The-Military-Guide.com. With his daughter Carol Pittner, he's the co-author of "Raising Your Money-Savvy Family For Next Generation Financial Independence" through ChooseFI Media.
The show notes and resources can be found here:
https://laceylangford.com/podcast/steps-to-financial-independence-retire-early
Happy Small Business Week to my fellow veterans. If you want to start a business, there’s a lot to know beyond your craft or the thing you are selling. Lack of knowledge can hurt your businesses financially.
In this episode, Will Scott breaks down the things transition veterans can do to start a small business, how to get money to start your business, resources, and tools you can use plus missteps to avoid along the way.
Will is the Vice President of Business Solutions at Navy Federal Credit Union. He has over two decades of business solutions expertise from super-regional banks and major metropolitan credit unions across the country.
The show notes can be found here: https://laceylangford.com/podcast/veterans-should-know-about-starting-a-small-business/
Store credit cards are offered at almost every place you shop nowadays. They can be tempting to sign up for especially if money’s tight but are store credit cards a good idea for your credit and finances?
In this episode, I talk with Michelle Lambright Black about whether or not store credit cards are a good deal.
Michelle is a leading credit expert, writer, and speaker with nearly two decades of experience in the credit industry. She is an expert in credit and credit scoring, financing, debt elimination, and identity theft. Michelle is featured in print monthly with brands such as FICO, Forbes, Reader’s Digest, LendingTree, Bankrate, and more. You can connect with Michelle on her website, CreditWriter.com, where she loves showing people how to avoid debt and make good credit work to their advantage.
Michelle shares the pros and cons of store credit cards, what you should know before you sign up and how to look for a credit card that’s best for you.
Show notes can be found here:
https://laceylangford.com/podcast/store-credit-cards
Having a business goes beyond owning it, you’ve got to run it too. Or it won’t last long. Systems and processes are a way to help you run a business like a well-oiled machine. But what systems do you need? And what processes should you put in place?
In this episode, Jaime Jay shares the best systems and processes to run your business well so you can reduce stress and stay focused on making money.
Jaime Jay is a connector, starter-geek, podcaster, founder of the award-winning Bottleneck Distant Assistant Services company, and author of Quit Repeating Yourself. A book about how he built a seven-figure business by focusing on the power of creating systems and processes so he could stop doing the wrong things and focus on doing his best work.
Jaime is a U.S. Army veteran that worked in corporate America for over 12 years before becoming a full-time entrepreneur in 2006.
Show notes can be found here:
https://laceylangford.com/podcast/best-systems-and-processes/
It’s coming. Christmas is around the corner. Have you been saving for it? If you haven’t, you’re not alone. Most people don’t save for holiday spending and unfortunately, go into debt because of it.
But that doesn’t have to be the case this year. My guest, Lauren Greutman is here to show us all how to have a debt-free Christmas. Lauren is an award-winning Consumer Savings Expert and the best-selling author of The Recovering Spender. She’s a regular guest on the Rachael Ray show, the Today Show, and Dr. Oz.
In this episode, Lauren shares her story of getting out of over $40k of debt, actionable tips for having a debt-free Christmas, and how to avoid spending temptations. And I may have also asked what it’s like to be on national TV.
The show notes can be found here:
https://laceylangford.com/podcast/how-to-have-a-debt-free-christmas/
Investing in crypto is all the rage. It’s in the news, social media, and you’ve probably heard people talking about it in person. But what is cryptocurrency, how does it compare to stocks and traditional investing. And even better, is it for you?
I could think of no other to have a discussion on crypto with than Josh Bannerman. Josh is a Certified Financial Planner and a Marine. You may know him as OG, the co-host of the super-popular Stacking Benjamins podcast. He’s a friend, fellow veteran, and a phenomenal financial advisor.
In this episode, Josh breaks down what cryptocurrency is, how it works, why it’s popular, and what you need to know before investing in it.
Show notes can be found here:
https://laceylangford.com/podcast/crypto-vs-stocks/
In this episode, Dennis Johnston, a Navy veteran and the Administrator of the Utah Unclaimed Property Division shares the steps you can take to find your unclaimed property.
Think about how you feel when you find money in your pockets. Now think about finding lots of money you didn’t even know you had. That’s unclaimed money and property.
Each year billions of dollars and property go unclaimed. In 2020 alone, there was over $7 billion of unclaimed property. That’s a lot of money people are missing. Money that could help you pay off debt, build up your savings or improve your quality of life. But you have to find it before you can get it back in your bank account.
The show notes can be found here: https://laceylangford.com/podcast/unclaimed-money-and-property/
Are annuities a good investment is a question financial professionals get asked a lot. It’s asked a lot because they can be confusing. You may not understand what they are, how they work, and who they are for.
Sean Gillispie is a financial advisor and Navy veteran. He’s the Co-founder & Managing Partner of Redeployment Wealth Strategies. After serving 20 years as a surface warfare officer, Sean began his second career as a fee-only financial planner for military and veteran families.
In this episode, Sean breaks down what annuities are, their pros and cons, when they should be used, and what service members should know about them.
Show notes can be found here:
https://laceylangford.com/podcast/are-annuities-a-good-investment
It’s that time again. It’s my birthday and I’m happy you’re here to help me celebrate. Last year for my three siblings were guests on my show. Since then, I’ve recorded 52 episodes of the Military Money Show and talked with some amazing people. I loved every bit of it. To include my recording with my Grandma. That was a very special show. But today I have another special one. It's my Dad! In this episode, I get to grill my Dad on growing up in upstate New York, his early start in the working world, his best money advice, military life, and some of the things he taught me growing up.
Show notes can be found here:
https://laceylangford.com/podcast/laceys-birthday-bash-2021
Preparing your kids to leave the family nest is a huge transition. There’s a lot of planning and preparation that goes into it. And we aren’t just talking about decorating their dorm room.
No parent wants their kids to struggle so you try and impart every bit of knowledge you have on them to help them be successful. Money knowledge is top of the list for most parents to make sure their kids have a handle on before they live home. But what should they know?
My guest Sharita M. Humphrey is here to give a money 101 lesson for college students and their parents. Sharita is a nationally recognized, award-winning finance expert and money mentor. Having previously been broke and homeless herself, Sharita knows first-hand that financial freedom has a blueprint and she’s committed to helping women change the financial trajectories of their lives.
Sharita is a Mom who has financially prepared her children for leaving the nest. She is also a certified financial educator, speaker, and coach.
Show notes can be found here:
https://laceylangford.com/podcast/college-bound-students/
Anyone in it knows debt is hell. If it was so easy to get out of debt, no one would be in it. It’s hard but having an understanding of how money works, your debt situation, and creating a strategy can help you get out of debt.
My guest, Erin Skye Kelly knows a thing or two about being in debt and strategies to get out of it.
Erin is a bestselling and award-winning author of Get the Hell Out of Debt. A book that teaches financial literacy in a way that’s approachable, entertaining, and inspiring. Erin’s resources have helped thousands of people pay off millions of dollars in personal debt, and are inspired by her deeply personal journey of regaining financial freedom after paying off over $2 million of personal debt.
Erin is a keynote speaker and entrepreneur who has shared the stage with legendary motivational speakers such as Tony Robbins, Phil Town, and Gary John Bishop.
Erin shares her advice for how to approach your debt, strategies to get out of debt, and common debt missteps to avoid. There’s lots to learn in this show.
Show notes can be found here:
https://laceylangford.com/podcast/getting-out-of-debt/
Buy now and pay later, or not? That’s a good question.
Buy now, pay later is a consumer trend that’s growing in popularity. Many online retailers are offering the option to buy your items now and make payments on them later. Some may see this as a buying trend, while others think it’s here to stay.
Jarod Taylor is on the show to talk about buy now, pay later with me.
Jarod is an Accredited Financial Counselor and the Certification Program Manager for AFCPE. He guides candidates through the AFC certification process, connects organizations with the appropriate training for their teams, and assists professionals in maintaining their certification.
Jarod breaks down what buy now, pay later is, how it works and whether it’s a good or a bad thing. Plus, he shares personal finances tips to be smart about using buy now, pay later.
Show notes can be found here:
https://laceylangford.com/podcast/buy-now-pay-later/
Retirement points are important but they’re also confusing as all get out. Points can help or hurt the money you earn in retirement. So they’re very important to know about and understand!
John Cooney is a CFP (R), Enrolled Agent, and a fee-only financial planner who founded Green and Gold Financial Planning to help people make smarter financial decisions, develop confidence in their financial situation, and live more financially secure lives. John is a graduate of West Point and a 20 year US Army veteran. When not working with clients or attending his drill weekend, John enjoys being outdoors with his wife and two boys, cooking, running, and cheering on the Boston area sports teams.
John breaks down what retirement points are, who they’re for, why they’re important and how they impact your military pension.
Show notes can be found here:
https://laceylangford.com/podcast/retirement-points/
Between 2016 and 2020, Service members and veterans lost over 420 million dollars in scams that were reported. Members of the military community are victims of Cybercrimes at a higher rate than the civilian community. A steady paycheck and frequent deployments make you a big target for fraud.
Cindy Liebes is the Chief Program Officer at the Cyber Security Network, a public and private collaboration to help individuals and small businesses combat cybercrime.
Cindy and I talk about common types of scams and fraud impacting service members and military spouses, how you can spot them and what to do about them whether you are a victim or not.
Inflation is something that impacts everyone's wallets. Talk about the subject is everywhere but what’s everyone saying and what does it all mean?
To get the 411 on what’s going on with inflation in the U.S., I’m bringing in an expert on inflation, Bob Frick.
Robert Frick is Navy Federal’s corporate economist, the world's largest credit union serving the military and their families. He provides expertise in economics as it relates to home, auto and consumer lending, credit cards and financial planning. Bob is an expert in personal finance, having worked as an editor at Kiplinger’s Personal Finance magazine for 15 years, and also is an expert in behavioral economics, or the study of people’s behaviors surrounding money.
Bob and I get into a great discussion of what’s going on with inflation and what it means for all of us and our wallets.
Show notes can be found here:
https://laceylangford.com/podcast/inflation-in-2021
Many military spouses head up the finances for their households. The frequent moves and deployments make it easier for the military spouses and often military wives to be the money point person whether you have experience or confidence to manage money or not.
Catherine Alford is the author of the book Mom's Got Money: A millennial mom's guide to managing money like a boss. She’s a nationally recognized financial educator who started her business with a $10 domain name and grew it into a multifaceted, six-figure digital media company.
Cat shares what every Mom should know about money, how to educate yourself on money fundamentals, and the importance of calculating your net worth.
Starting a non-profit after military service is an option some aren’t aware of. Creating your own non-profit to do the work you love and to help others is an opportunity you can take if you prepare.
My guest, Mike Steadman, the Founder & CEO of IRONBOUND Boxing & Education, did just that. Mike, a three-time National Collegiate Boxing Champion from the United States Naval Academy and Marine Corps Infantry Officer, started a nonprofit organization based in Newark, NJ that provides free amateur boxing training, entrepreneur education, and employment opportunities for Newark youth & young adults.
Mike shares his story of getting started in boxing, the steps he took to start a non-profit, and tips to help you start a nonprofit, and mistakes to avoid.
The show notes can be found here:
https://laceylangford.com/podcast/non-profit-after-military-service/
Not everyone is content to live off of service member's pay alone. Military spouses want to make money and many service members want to make additional income. People want a better quality of life and are willing to do the work to make more money but how do you do it?
A growing path to earn money anywhere, anytime is by becoming a virtual assistant or a VA. Mary Elaine Baker knows how to make lots of money as a VA. Mary Elaine is the Co-Founder of VAUSA with her husband, Brett. Mary Elaine is a former military spouse that previously worked full-time as an elementary school teacher while her husband was deployed. After struggling for so many years to balance competing demands, Mary Elaine longed for a better work-life balance and a way to be more present for her children. She discovered the ability to work remotely helped her to succeed in other areas of life.
Mary Elaine and I talk about how she got started, how VAUSA can help military spouses become VAs, and what you need to know about the work before you jump it.
The show notes can be found here:
https://laceylangford.com/podcast/make-money-as-a-virtual-assistant/
Figuring out what you want to be after you retire or separate from the military is a big decision. Or figuring out a career that works well with military life can be a challenge for spouses. If you’re going to work as a financial professional, there’s a lot to do and know before starting that career path.
Certified Financial Planners and military veterans Forrest Baumhover and Daniel Kopp are on the show to share advice on the steps you should take if you’re interested in becoming a financial planner. I know I’m biased since it’s my show, but this episode is a resource I had before starting my path as a financial professional.
Forrest and Daniel are the creators and hosts of the Military to Financial Planner podcast. A podcast where they share their unique perspectives and career transition advice to help others build a post-military life and career as a financial planner.
Forrest and Daniel break down what you should know and do before getting started as a financial planner.
The show notes can be found here: https://laceylangford.com/podcast/becoming-a-financial-planner-after-the-military
It’s encore time. For USAA members, the transfer of investment products to Charles Schwab was something that we had to get used to. It was new. Well, it’s been a year since the transfer so today I’m doing an encore airing of my show with Danielle Munoz from Charles Schwab on the benefits members receive at Schwab. Danielle covers a lot of valuable info in this show.
Be sure to check out the show notes with newly updated resources from this show.
It’s hard to believe but it’s been a year since USAA transferred their brokerage accounts to Charles Schwab. In honor of the anniversary, I’m doing an encore presentation of my interview with Mary Stork from USAA.
Be sure to check out the show notes with newly updated resources. I’ll have more information on Schwab stock slices and the free financial plan you are eligible for as a Schwab client.
Money conversation can be hard to start. It’s a talk that a lot of people would rather avoid. Especially when money’s tight. They can be stressful and lead to fights in a marriage. So you can see why it’s not top of the list for most people. But it’s something that has to be done.
Paul Roberts is a Charles Schwab Financial Consultant - Member Relationship Advisor. He is a Certified Financial Planner and a Human Resources Officer in the Army Reserves. He understands the importance of money conversations and legacy planning for the military community.
Paul shares advice on how to start money conversations, what needs to be discussed, and how to handle resistance. He also talks about how you can get your gets involved in money discussions.
Tax time comes every year but somehow, most people aren’t ready for it. I guess when you only do something once a year, you get a little rusty. Wouldn’t it be easier if we prepare all year, instead?
My guest, Paul Allen, is helping us prepare for tax season all year. Paul retired from the Navy after 24 years of service, eight years as an enlisted nuclear reactor operator, and 16 years as an Intelligence Officer. Following his retirement, Paul continued to serve as a civilian employee of the Army and Coast Guard. Following his passion, Paul opened PIM Tax Services and later, Redeployment Wealth Strategies. He earned enrolled agent status and is a Certified Financial Planner.
Paul shares advice and tips on how to create routines to keep your finances in order for tax season. He also talks about the things that need to be on our tax radar and mistakes you want to avoid.
Show notes can be found here: https://laceylangford.com/podcast/prepared-for-tax-season/
Debt is something that many have but don’t want. It causes financial stress and takes away from your financial freedom. But how do you eliminate debt?
Neslie Ethridge understands the stress of debt. He experienced moving every two years with his young military family, racking up debt along the way. He juggled multiple bank accounts, often postdating personal checks to make ends meet. His financial choices caused Neslie and his family to live paycheck-to-paycheck. Relying on credit cards to fill the gaps when unexpected expenses and emergencies came along.
Today Neslie lives debt-free and lives off of the passive income he has created. He has a passion for helping others with personal finance. He is a Master Financial Coach, accredited through Ramsey Financial Solutions.
Neslie shares advice on how you can eliminate debt and the mistakes to avoid along the way.
You can find the show notes here:
https://laceylangford.com/podcast/eliminate-debt-in-the-military/
Separating or retiring from the military is a big deal. Planning and preparation should be given to leaving the military so you make informed decisions about things that can have lasting financial impacts.
Looking at your pension and benefits together can help you make the best decision for you and your unique circumstances.
Kit Lancaster is an Army Veteran and Certified Financial Planner. He’s the founder of Sterling Edge Financial, a financial services firm focused on serving emerging professionals and business owners with wealth management and financial planning advice. Kit enjoys actively supporting veterans and the veteran community in Chicagoland.
Kit shares advice on how to map out your pension and benefits before you leave the military to help you have the quality of life you want after the military.
Military Appreciation Month is the Super Bowl for the military community. There’s a lot of coverage and fanfare. It’s only missing the commercials. It’s the entire month of May and is designated to the U.S. Armed Forces.
I hope that some of the resources I’m going to share can help you treat yourself this month and celebrate all that you do.
Here’s a roundup of the perks for Military Appreciation Month 2021.
You can make a ton of money with websites. But how do you do it? How do you get started? What are the things you should do? And what should you avoid doing? Where should you spend you money to get started?
Lena Gott is here to give us all the ins and outs and of making money with websites. Lena is a friend and fellow blogger. She’s the person I go to when I have business questions.
Lena is the founder of the super successful blog, What Mommy Does and the Adventures in SEO course. She’s a CPA turned stay-at-home-mom of 3 kids and a blogger, course creator, and Pinterest star. Lena writes helpful posts for stay-at-home moms with a focus on family finances and helps bloggers get website traffic and run a blog with her courses.
I had the chance to sit down with Lena and get her advice on making money with websites and the things bloggers should focus on to make money. Lena shares a ton of valuable advice in this show.
Show notes can be found here: https://laceylangford.com/podcast/making-money-with-websites/
Habits, we’ve all got them but are they good ones or bad ones. If you didn’t guess it, it’s important to build good habits, the ones that help you build wealth and financial freedom.
My guest is an expert in habits. More specifically, he’s an expert in rich and poor habits. Tom Corley is an internationally recognized authority on habits. His inspiring keynote addresses cover success habits of self-made millionaires- Saver-Investors, Senior Executives, Industry Experts, and Entrepreneurs, as well as the crippling habits of those struggling financially.
Tom devoted five years to asking 361 rich and poor individuals 144 questions each, in an effort to find out what the rich were doing right and what the poor were doing wrong.
Tom shares what rich habits you can develop, how to develop them and what amazing things can come from developing rich habits.
Security clearances are serious business in the military—most service members need one to perform their job. And if you can’t get one or keep one, you could lose your job in the military. In that case, it means a reclass or, in some cases, being put out of the military. Personal finances are one of the guidelines in the adjudication process to obtain a clearance. Delicia Carswell is the founder of Elite Financial Consulting, LLC, a virtual personal financial consulting firm. She is a fellow military spouse and Accredited Financial Counselor® specializing in budget creation, debt management, credit restoration, and Federal Security Clearance assistance related to Financial Considerations. Delicia shares advice on obtaining a security clearance and how your finances can impact the process. She also walks us through what to do if you receive a Statement of Reason and Letter of Intent. Plus, she shares tips to keep your finances in general working order to avoid putting your security clearance in jeopardy.
The show notes can be found here:
https://laceylangford.com/podcast/when-your-security-clearance-is-in-jeopardy
Financial freedom is achievable. We all want it but how do we get it? As you hear me say financial freedom is achievable, you may be sitting somewhere in the middle east or packing up your house for another PCS thinking there’s no way I can have financial freedom. Well, I’m here to tell you you’re wrong. It’s possible for you to make money beyond your imagination but to make it happen, you have to start carving out your own path.
My guest, John Lee Dumas is a veteran who was part of the first class of commissioned Army officers after 9/11. He is the founder and host of the award-winning podcast, Entrepreneurs On Fire. With over 100 million listens of his 3000+ episodes, JLD has turned Entrepreneurs On Fire into a media empire that generates over a million listens every month and 7-figures of NET annual revenue 8-years in a row.
I had the opportunity to ask John not only how he does it but how service members, veterans, and spouses can do the same. We also talk about his first traditionally published book, The Common Path to Uncommon Success, and its 17-step roadmap to financial freedom and fulfillment.
Service members, military spouses, and veterans can make money selling products and services online. But how do you get set up to selling in a way that's PCS-proof?
Entrepreneurship in the military community has been kicked into high speed. After decades of struggling with un and underemployment, military spouses are taking control of their careers and earning power by becoming entrepreneurs. I know because this is what I did. I started my business because I was sick of my career being at the mercy of another move.
As a business owner who coaches business owners, I know many new entrepreneurs don’t understand that when you start a business, you’re going into sales. Yes, to make money you need to sell your goods or services. The question is, where do you sell your services?
My guest Monica Fullerton is here to provide a resource to help military spouses and veterans sell their goods and services to make money. Monica is an Air Force spouse, twin mom, and founder of Spouse-ly! Spouse-ly is an online marketplace for military spouses, service members, and veterans. She’s currently stationed in Las Vegas, NV, and just quit her full-time job in the corporate world to focus on growing Spouse-ly.
Monica and I talk about what Spouse-ly is and how it can help military business owners thrive.
The show notes can be found here:
https://laceylangford.com/podcast/make-money-selling-goods-and-services
Saving money is the foundation of financial success. Having money set aside for emergencies and opportunities is essential in your money management tool belt.
Lila Quintiliani is here to talk about all things money-saving in the military community. Lila is an Active Duty Army spouse, veteran, mom of two, and the Military Saves Senior Program Manager. Previously she worked as a Personal Financial Counselor on military installations worldwide and as a contracted subject matter expert for content for the Department of Defense’s Office of Financial Readiness.
Lila and I discuss the power of saving automatically and for the unexpected. We also discuss the themes of Military Saves Month and the resources and tools the program has to help you save money all year long. We also talk about teaching kids about money, letting them make money mistakes early, and the importance of communication.
The show notes can be found here:
https://laceylangford.com/podcast/steps-to-save-in-the-military
If we aren’t mindful of them, finances can get us frazzled! If somethings off with your money, you probably already know it. You know you have to do something but what is that something? Where do you start?
My guest, Eric Brotman is here to help us know where to go first with a little financial triage. Eric is a CFP with over 27 years of experience and the CEO of BFG Financial Advisors. He believes financial literacy is the key to well-being. He’s a personal finance author and the host of the Don’t Retire…Graduate! podcast. Eric’s approachable and actionable financial advice has been featured in the Wall Street Journal, Forbes.com, and Yahoo! Finance to name a few.
Eric shares his advice on doing financial triage to work on your financial well-being, retirement, debt, and more. He also shares steps you can take to gain control of your debt and strategies to build wealth and work towards the retirement you want.
The show notes can be found here: https://laceylangford.com/podcast/financial-triage/
We all have a history and they are many people in our lives that play a part in it. My family plays a big part in mine. That’s why I’m excited to share my guest with you today. It’s my Grandmother.
I sat down with my Grandma to talk about some of her family history. We chat about what it was like to grow up in the depression in a small town, her first job, bank accounts, and the day she found out about Pearl Harbor. We also discuss her meeting my Grandfather who was a ball turret gunner during World War II.
The show notes can be found here: https://laceylangford.com/podcast/my-grandmas-story/
Life is a balancing act. We all have priorities, hopes and dreams, financial responsibilities, and family. Sometimes these can be out of sync and we can end up doing work that doesn’t fulfill us.
Many military spouses put up with work they don’t like for little money because of limited options. Many veterans struggle to find work after the military that they can earn a living at and enjoy. But what if you leverage things like your personality, natural skills, and your passions to meaningful work.
My guest, Dan Miller is the author of the New York Times best-selling 48 Days To The Work You Love. He has over 140,000 people subscribed to his weekly newsletter and his 48 Days Podcast consistently ranks in the top 1% of all podcasts. His mission is to help listeners find – or create – work they love.
Dan and I talk about how it’s possible for the military community to make money by doing things you’re passionate about and how it can change your life. Our conversion left me completely inspired, I hope you find inspiration in it too.
All of the notes and resources from the show can be found here:
https://laceylangford.com/podcast/how-to-create-work-you-love/
Most military service members and their families at some point have interacted with or worked alongside Federal Government Employees. Have you ever wondered how their benefits compare to yours or even how to join the Civil Service ranks? Did you know that they also have TSP?
My guest, Sam, is here to talk to me about financial life as a government employee and share some tips on gaining federal employment
Sam is the author of Government Worker FI. A civil servant since the age of 18, his mission is to help others successfully navigate the federal system and understand their benefits. On his blog, Sam also shares his financial journey and lessons he has learned through personal experiences.
The show notes can be found here: https://laceylangford.com/podcast/from-active-duty-to-federal-employee
It can be overwhelming when trying to take charge and make some positive changes in your life. Just taking that first step can be daunting. I have some good news, you can always start small.
My guest, Dan Mangena built a four-step system called the Beyond Intention Paradigm after experiencing life-shattering trauma. Through his own struggles, Dan found a path to lasting joy and purpose and he wants nothing more than to share those tools.
Dan is an author, coach, and motivational speaker who helps others with empowerment and joy. His work recently earned him a spot in the Wall Street Journal as a “Master of Success”.
Dan and I discuss how making small and simple steps to improve one’s life can lead to big changes.
Do you have every financial move you make memorized—me either? That would be hard. I need a system to keep all of our financial ducks in a row. We need to know what is coming in every month and what is going out. Not to mention if I heel over tomorrow, I need my hubby to pick up where I left off.
Spreadsheets are one of the ways you can do that. But if you’re like me, sometimes complicated spreadsheets can be intimidating. I like things simple and easy to follow.
My guest, Peter Polson, is here to talk me down from some of my spreadsheet nerves.
Peter is the founder of Tiller Money. They provide customizable tools that empower people with greater understanding, confidence, and control of their financial lives. He has been thinking about better ways to help people with their personal finances for most of his life. Peter partially paid for college by teaching personal finance software classes for adults and later by working as an intern program manager at Microsoft on the Money software team.
Peter and I talk about the benefits of using spreadsheets to help manage your finances, how you can keep things simple, and the benefits that can come from using spreadsheets.
You can find the show notes here https://laceylangford.com/podcast/manage-money-with-spreadsheets/
The way your story begins doesn’t mean that’s your whole story. Personal finances is a journey we all start in different places. The actions you take along the way are you writing the story.
My guest, Maricela Soberanes' story started as financial survival in Mexico. She is one of nine siblings raised by a single mom in Mexico City. Her mother and older siblings struggled to provide the essentials in life. To improve her situation, Maricela moved to a different city without her family so she could attend a high school which is not free in Mexico. From there she continued to change her story by coming to the U.S. unable to speak English with only $100 to her name. She went on to learn English, became a nurse anesthetist, served in the Navy, and worked toward financial independence through saving and investing in real estate.
We talk more about Maricela’s story and how she went from financial survival to independence while in the military.
You need good money management & budgeting to build wealth, but that doesn’t mean it has to be boring. Gamification is a unique way to manage money & add some fun.
My guest, Brandon Childers, is a fellow veteran and an expert in Gamified Resource Management, and a dedicated advocate to the veteran Community.
He served in the Marines as a Huey Crew Chief for five years, including a deployment to Afghanistan. Since separating from service in 2015, he has used the G.I. Bill to earn an M.S. in Applied Psychology at the University of Southern California. Now, he uses his unique perspective from his military experience and education to solve a problem that’s central to veteran depression, homelessness, and suicide—Financial Literacy.
Brandon and I talk about gamification, what it is, how it’s used and how it can help improve personal finance within the military community. I learned a lot about how gamification is being used in social media and the applications it can be used for to help others.
If you’ve read the news or been online at all, you know something’s up with GameStop. You may be asking yourself why is everyone all worked up about their stock and what the heck Robinhood has to do with it. Or you could be asking what the heck is Robinhood even is. Well, we’re going to break it all down for you.
My guest, Andy Wang is a Managing Partner at Runnymede Capital Management and host of Inspired Money. He has been named by Forbes as a Top 10 Personal Finance Podcast and named among the INVESTOPEDIA 100: Most Influential Advisors, Top 100 Most Social Financial Advisors by Brightscope, and has appeared on Barron's and Forbes.
Andy and I get into what’s going on with GameStop stock, what it means, and why it’s happening. We also talk about the role Fintech like Robinhood has played in this rare financial event. Andy also gives tips on how you can keep your financial head when the fear of missing out or FOMO struggle is real.
You can get all the links and resources to this episode at https://laceylangford.com/podcast/whats-going-on-with-gamestop/.
Paying yourself first is a foundation for financial success, but what does that mean and why should you do it.
Many people are currently living paycheck-to-paycheck. That means that at the end of the month or the end of the year, after work their butt off all year, there’s no money in the bank to show for. In that case, if you were a business, your business might fail because you have no profit. You might be fine for a little while but you won’t go the long haul.
My guest, Rocky Lalvani is back on the show to talk about why you should pay yourself first and how you can do it.
Rocky is the Profit Answer Man and a Profit First Professional. He helps business owners achieve financial success and utilize their business profits to live a life of abundance. Rocky is the millionaire next door. He started out with basically nothing when his parents immigrated to the United States when he was two years old, and his dad was 42. It was his parent's second big move in life, and they were starting over again to create the American dream. Despite many struggles and his Mom passing away when he was 7, he has achieved financial success and wants to share the lessons he has learned along the way so others can achieve success much faster.
Rocky and I have a great conversation about the principles behind the super successful book, Profit First. And how you can apply those principles to help your personal finances turn a profit.
You can get all the links and resources mentioned in this episode here https://laceylangford.com/podcast/how-to-pay-yourself-first/.
Budgets—you can’t live with them, you can’t live without them. Just kidding. You CAN and SHOULD live with a budget. You can’t go through life spending like you’re sitting on a pile of money when you’re not. Budgeting gives you a clear picture of the money you have coming in and the money you have going out so you can make informed financial decisions. A budget is the number one tool to help get and maintain control of your financial life.
Unfortunately, not as many people budget or budget in a meaningful way as they should.
Some people just choose not to do it. Some people think they make good money so they don’t need to budget. Some people don’t budget because they think they don’t make or have enough money to budget. Then there are others that think it’s too complicated to budget. And others think it will take too much time or waste time because they won’t stick with it. There are a ton of excuses I hear on why someone isn’t budgeting. But the real bottom line is, they aren’t making it a priority in their life.
In this show, I’m going to talk about what a budget is and why most people should budget, how to budget in a way that works for you, and how to evolve and stick with your budget.
The show notes can be found here:
https://laceylangford.com/podcast/what-i-think-about-budgeting/
It’s not a secret that the more time you have on your side, the more money you can make. Well to have more time you need your mind and body to go the distance.
My guest, David E. Frost is a Navy veteran, NFPT-certified Master Fitness Trainer, a rowing coach, and competitor. Since 2012, he’s been coaching the Baby Boomer generation on how to add longevity and vitality to their years. He specializes in nutrition, endurance, and strength training for people who deal with cancer, MS, and diabetes.
Dave’s also the author of, Kaboomer: Thriving and Striving into your 90’s. Utilizing 5 vital questions, Dave’s on a mission to get people to take more steps and fewer pills.
Dave shares advice on how to invest in not just fiscal bank account but also your physical bank account. He also gives me some tips and resources to help us sleep better and invest in our health.
Happy New Year everyone! We did it. It’s finally 2021!
I can’t believe it. 2020 was a wild and crazy year. It’s definitely one for the books. A book that should probably be titled, “When It All Goes Sideways and Flips Upside Down, and Catches on Fire.”
Everyone’s been through a lot. But I’m here to remind you, it’s going to get better. It may not seem like it sometimes but it will.
If you’re new to the show, let me pause and be the first to warn you of my annoying positivity. It’s true. I can’t help it. It’s how I roll and this show is going to be full of it.
To kick off the new year I’m going to talk about getting in the right mindset for the new year. Some things I think you should be aware of and preparing for this year. Plus resources and tools to help you make this year awesome. And it will all be wrapped up with some positivity and a little kick in the pants.
The show notes can be found here:
https://laceylangford.com/podcast/what-i-want-you-to-know-for-2021/
Investing isn’t one size fits all. There are many factors that play into an investment strategy. Your age is one of them.
Jeff Link is an Investment Advisor Representative at Guardian Wealth Advisors, LLC and the founder of the BLUE LINE INVESTING® process. He is also the author of Protecting the Pig. Jeff has over 20 years of market experience, with firms like Smith Barney and Legg Mason.
Jeff and I talk about investment strategy and your age. He shares his advice on why your age should be considered, mistakes to avoid when it comes to investing for your age, and resources to help.
The show notes can be found here:
https://laceylangford.com/podcast/investment-strategy-and-your-age/
We’re getting so close to 2021. Are you ready to start taking action to make your goals reality? Last week I talked with Ron Worley about setting goals. This week, I’m talking with Nelson Tressler on taking action to make your goals happen.
Nelson Tressler is the Founder and CEO of IGOTSMARTER, a goal-achievement program created to help people succeed in every aspect of life. Prior to IGOTSMARTER, Nelson was a top real estate agent, completing well over $1 billion in transactions for his clients and has been named one of Las Vegas’ “Top 40 under 40.”
Nelson’s success and life philosophy come from his unique beginnings. Rape, murder, extreme poverty, and the biggest trail ever to hit his small town were just a few things waiting for Nelson upon his birth. The child of a 15-year-old mother, Nelson’s young life started from behind. The oldest of five children and raised in poverty by an abusive stepfather, Nelson turned resourcefulness and tenacity into a life skill. He played college football for St. Francis University and joined the US Air Force on the GI Bill.
Nelson not only shares his amazing story and how setting and achieving goals changed his life but he also shares the steps you can take to better achieve your goals in 2021.
I think we can all agree that 2020 has been a roller coaster none of us bought a ticket to ride. Nothing has gone according to plan. I for one can’t wait until the clock strikes midnight on December 31, 2020, and we start fresh with a New Year. Are you setting goals for the New Year? I myself am making big-big plans for 2021. So the next two shows, I’m focusing on how we all can set goals for 2021 and achieve those goals.
The first episode on goals starts with my guest Ron Worley. He’s here to help us all start setting goals for 2021 the right way. Ron’s no stranger to overcoming challenges to meet goals.
Ron L. Worley, II is a self-made millionaire, professional speaker, successful multi-preneuer and fellow podcaster. He launched his career as a licensed bail agent 25 years ago and went on to open 11 other businesses, create four successful retail locations, and founded the Worley Way, a definition of bravery, trust, family, and freedom. Ron has ridden on the edge and lost everything along the way. From addiction and homelessness that nearly cost him his life, to arrests and heart failure, he has asked all the wrong questions to find the right answers. Ron is real and talks about real issues in his true story of overcoming multiple hardships.
Ron shares his story of overcoming addiction and being in a ditch—twice! Plus he shares advice and resources on how you can set goals to help you find success in 2021.
You can find the show notes here: https://laceylangford.com/podcast/how-to-set-goals-for-2021/
A PCS will test your marriage, religion, and your sanity. Moving is a hallmark of military life. It’s in the job description. Active-duty service members can PCS upwards of 10 times during their military career. All that transition can be stressful not only for the service member but for the entire family. How can you better prepare for the moves you know are coming?
Christine Carol or better known as C.C. Gallagher is here to talk about how to reduce the stress in your PCS. We trade some of our favorite PCS stories and talk about a tool she developed to help others organize and prepare for their next military move—making it easier and less stressful.
The show notes can be found here: https://laceylangford.com/podcast/stressless-pcs/
For many of us, going from USAA to Charles Schwab is new territory. We don’t know what to expect. Will we like it? Will they understand me? Will they help me? Schwab is here to answer all of those questions and more.
Danielle Munoz is the Schwab Vice President of Virtual Member Branch. Danielle leads the virtual branch network at Charles Schwab that serves USAA members who’ve recently transitioned to Schwab for wealth management services. And most importantly, she’s a fellow Army brat.
Danielle shares in this show what it looks like from the other side of the transition for USAA members becoming Schwab customers. We talk about what Charles Schwab is like and their core values. We also discuss the preparations Schwab has made to welcome us all, to include the tools and resources they have to help the military community with their investment needs.
You can find the show notes here: https://laceylangford.com/podcast/pcs-to-charles-schwab/
If you’re a USAA member, you know there have been some big changes to their investments. If you’re not, you’ve probably heard everyone talking about it.
Many people want to know the down-low on what happened and what the future of USAA investments looks like and how Charles Schwab is part of that future. To get all the deets, I’m doing a two-part series with Charles Schwab and USAA to get you some exclusive information about the transition.
To kick off the series, I’m talking with Mary Stork, the President of the USAA Investment Services Company (ISCO). She also serves as GM of Strategic Investment Relationships, overseeing the Charles Schwab and Victory Capital referral agreements and the day-to-day relationship management of each firm.
We talk about what USAA investments looked like before the changes, why USAA made the decision to change how they provide investment value to their members. Plus Mary shares what it looks like moving forward and what USAA members get out of the deal.
The show notes can be found here: https://laceylangford.com/podcast/changing-landscape-of-usaa-investments
Did you know it’s TRICARE Open Enrollment? From now to December 14, 2020, service members and retirees can change their medical care. There have also been some recent changes with enrollment fees. To get an update on everything going on with TRICARE, I’ve gone straight to the source.
Mark Ellis oversees the development and execution of enrollment policies for all TRICARE medical plans. Mr. Ellis served for 22 years in the United States Air Force, the last 15 years as a Medical Service Corps officer.
The show notes can be found here: https://laceylangford.com/podcast/tricare-2020/
Investing in your future is crucial. Spending less than you make and putting it towards your retirement will make life way easier later. But you don’t want all the hard work to be wasted or eroded. That’s why it’s important to avoid mistakes along the way.
Jeff Wright is a managing director and portfolio manager responsible for wealth management to NovaPoint Capital’s high-net-worth clients. Before joining NovaPoint, Jeff was a Vice President in the Private Banking and Investment Group at Merrill Lynch. And he was a Field Artillery Officer in the Army.
In this show, Jeff shares some common investing mistakes people make, avoid them, and make up for past mistakes.
You can find the show notes here: https://laceylangford.com/podcast/investing-mistakes-people-make/
I did it, y’all. It’s my 100th episode! In the podcast world, hitting your 100th episode is a milestone and a rite of passage. So it’s a big day for me.
Helping me celebrate this special occasion is Steve Stewart, my podcast editor extraordinaire!
Steve looks back with me on how far I’ve come, what it’s like behind the scenes of my show, and some tips for anyone else thinking of starting a podcast. I also get Steve to admit who his favorite client is.
Then since it’s my 100th episode I’m doing a little variety show. I’ve asked some of my financial friends to share their best money tips in honor of my big podcast day.
You can find the show notes here: https://laceylangford.com/podcast/laceys-special-100th-episode/
The sand in the hourglass is dropping. Sooner or later, you’ll be retiring. Are you ready for it? What steps are you taking to get prepared?
Robert Schulz a CFP® and the author of Thoughts on Things Financial. He is also the founder and president of Schulz Wealth which was named on Investopedia’s list of 100 Top Financial Advisors in 2019 and 2017. And Rob is a Navy veteran.
Rob shares lots of tips to help you start preparing for your retirement right now. We also talk about ways to prepare for retirement even when life throws you some curveballs.
The show notes can be found here: https://laceylangford.com/podcast/start-preparing-for-retirement
The military community is well aware of the dangers that lurk online. You get a yearly dose of Cybersecurity Training but are you applying what you learn. Do your spouses and kids know how to protect themselves online?
Lawrence Wagner, an Army veteran and Cyber Security Expert, is sharing details on how you can protect yourself and your family online. We talk about tips and resources you can use to make sure you are cyber smart.
Lawrence is the Chief Executive Officer and Co-founder of Spark Mindset. He teaches summer camps and courses to help break the poverty cycle in low-income urban and rural communities by preparing middle and high school students for cybersecurity careers.
The show notes can be found here:
https://laceylangford.com/podcast/what-you-should-know-about-cybersecurity
Credit cards make me nervous. Not using a credit card responsibly can get you in all kinds of financial trouble. But if you’re responsible and plan properly, there are some big benefits that some credit cards can provide you with rewards.
Spencer from MilitaryMoneyManual .com and I talk about ways you can use credits cards wisely to receive points and rewards that can give you major financial benefits.
Spencer serves as an active duty Air Force officer in Hawaii. He’s investing for financial independence by age 40. His site MilitaryMoneyManual.com shows service members how to travel hack with annual fee waived credit cards and maximize their military benefits.
He shares how to plan and how to get the most out of your credit cards. And also shares who should not be using credit cards for rewards.
Show notes can be found here:
https://laceylangford.com/podcast/credit-card-rewards-wisely/
Here’s how to use credit card rewards wisely for big benefits.
By now you probably have heard that the military will not have their social security-FICA taxes withheld for the rest of 2020. While you may have heard about it, you may not know what to do about it.
To get everyone up to speed quick, I’ve invited Kate Horrell from KateHorrell.com and Daniel Kopp from Wise Stewardship Financial Planning to break down what the tax deferral is and how you can best manage the money for your current situation.
Be sure to check out the show notes at laceylangford.com because it’s packed with resources to help you learn more and navigate what to do.
Click below to get the show notes!
https://laceylangford.com/podcast/plan-your-payroll-tax-deferral
It’s no secret within the military community that suicide is a problem, especially in the veteran community. Since it’s National Suicide Awareness Month, now is a good time to discuss what everyone should know and do to help with the suicide problem within our military family.
I’ve invited Garrett Cathcart, the executive director of Mission Roll Call, to have this meaningful discussion. Garrett is a graduate of the United States Military Academy and a combat veteran, having served as a Cavalry Scout with the Army. His and Mission Roll Call’s entire purpose is to give veterans a voice on issues impacting their lives. And one of those big issues is veteran suicide.
Click below to get the show notes and resources!
https://laceylangford.com/podcast/suicide-prevention/
From the day you join the military, you’re already counting down the days until you are faced with the decision of should I stay in for the pension. Everyone has to decide at some point. But that’s a big choice for everyone and one that can have significant financial impacts. There are also things to consider, like family life, education, future employment, and mental health in your decision.
Grumpus Maximus has a new book out to help you make that decision. It’s called "The Golden Albatross: How To Determine If Your Pension Is Worth It.” Grumpus is a retired U.S. military officer, husband, father, blogger, and first-time author.
In the show, we talk about deciding to stay in or get out of the military.
Want the resources from the show? Use the link below.
https://laceylangford.com/podcast/should-you-stay-for-the-pension/
Welcome to my special Birthday show. Since it’s my special day I want to spend it my way, doing what I want. And if you know anything about me, you know I love positivity and humor. And there are no other humans on this planet that bring me more joy and make me laugh harder than my sisters and my brother. So in honor of Lacey Day, I asked my siblings nicely to be on the show.
Since it’s my party, I’m going to laugh if I want to and we do a lot of laughing in the show while reminiscing about some of our funniest family money stories. You’ll probably take away from this show that we were raised to be responsible for our finances, held accountable for financial mistakes, and taught to live frugally.
Get the show notes and resources below!
https://laceylangford.com/podcast/laceys-birthday-bash-2020/
Whether you’re on active duty, retired, working a 9-to 5 job, or are a business owner, you have a brand. It may not be something that’s intentional or planned but like it or not, you’re known for something. That might be hard work, a technical skill, your personality, your positivity, or even your negativity. People have an impression of you, that’s your brand.
Pete Canalichio is an award-winning author of the Amazon #1 New Release, "Expand, Grow, Thrive" and TEDx speaker. He has worked in brand strategy, expansion, and licensing for the past 20 years with companies like Coca-Cola Company and Newell Brands. He is a Navy veteran that has a mission to develop tools, talks, and training designed to inspire, educate and empower his clients to write a better story, and from it, to achieve all that is possible.
Show notes can be found here
https://laceylangford.com/podcast/brand-yourself-for-success/
Once upon a time when I was on active duty, I meet someone who was starting a Subway franchise. Since I had just started my career, planning what I would do after I left the military was the last thing on my mind. Not to mention, I knew nothing about franchises so it was like he was speaking Greek to me. Nowadays more and more service members and spouses are moving into the entrepreneurship space to earn a living on and after duty.
In this show, I’m bringing on Giuseppe Grammatico an expert on franchises to share how people can make a living become a franchise owner. Giuseppe is a franchise veteran, coach & consultant who simplifies the process of franchising and excels at guiding his candidates to the business model that best suits their desired lifestyle. His greatest joy is helping people realize the American dream and sharing the freedom that comes from franchising.
Giuseppe shares the background of franchise ownership, how to learn more, and how to get started.
Get all the resources mentioned in the show at https://laceylangford.com/podcast/make-a-living-with-a-franchise/
Lack of money can leave you at the mercy of others. On the other hand, money can give you power, control, and confidence over your life. But how do you build prosperity in your life to gain financial freedom?
In this show, my guest, Dr. John Soforic, and I discuss his book, The Wealthy Gardener. We talk about lessons that can help you live a prosperous life and gain financial freedom.
John was a once chiropractor with 200k in student debt. He retired at 49 with a retirement income of $240,000, then wrote a book for his son in college: The Wealthy Gardener: Lessons on Prosperity between Father and Son. The book became an Amazon bestseller, hit #46 worldwide on audible, and has been translated into 6 languages.
Transitioning out of the military, either separating or retiring, is a life-changing event. Not only for the Service Member but also for their family, who has served alongside during countless moves, deployments, and the constant change associated with military life. Without a plan, this transition can seem overwhelming and stressful, instead of an exciting new opportunity for the whole family. My guest, Charlene Wilde, is here to share some tips to prepare the whole family for a successful and well-planned transition. She has not only the first-hand experience as a veteran but also as a spouse to a soon retiring service member.
Charlene Wilde is the Assistant Secretary of the American Armed Forces Mutual Aid Association (AAFMAA), our nation’s longest-standing military financial services non-profit organization. Charlene is a veteran of the United States Army Chemical Corps.
Mortgages have become a part of the American life as much as the American dream. For most people, homeownership comes with 15 to 30 years of monthly payments and thousands of dollars of interest paid to banks. My guest is here to share some ideas for other ways to get out of debt. Using the Shred Method, Adam Carroll paid off his home in record time saving over $180,000 in interest in the process.
Adam Carroll has published four books, produced an award-winning documentary on student loan debt, has a TED talk with over 5 million views, and helps people achieve true financial freedom in their lives. More than financial freedom, Adam is all about helping people achieve time freedom, relationship freedom, and service freedom.
You can get the show notes here: https://laceylangford.com/podcast/shred-method-getting-out-of-debt/
We teach our children their ABCs, arithmetic, and basics of life as they grow to become members of our society but who’s teaching them to be money-savvy? Doug and Carol are joining me to discuss how parents can set their children up for financial success and independence. As Father and Daughter, they bring a unique perspective, providing an inside look on both sides of Carol’s financial education.
The show notes can be found here:
https://laceylangford.com/podcast/how-to-raise-your-family-money-savvy/
Doug Nordman served for 20 years on active duty in the U.S. Navy and retired at the age of 41. He and his spouse, a retired Navy Reservist, reached financial independence in the late 1990s on a high savings rate. He’s the author of “The Military Guide To Financial Independence And Retirement” and founder of The-Military-Guide.com.
Doug’s daughter, Carol Pittner, joined the Navy on a ROTC scholarship and has served around the world on a destroyer and an aircraft carrier before transiting into the Reserves. She and her active-duty spouse are rapidly approaching financial independence on a high savings rate. Military personal finance is an important family topic to both Carol and Doug who are the authors of “Raising Your Money-Savvy Family For Next Generation Financial Independence”, coming on 8 September from ChooseFI Media.
Sam X Renick discusses how to educate children about money and the importance of sharing the lesson of financial responsibility with them. Sam has created the character, Sammy Rabbit, as a tool to aid parents and a fun way to connect with children as young as three to learn about finances. He will share with us how to influence healthy money habits to set children up for future financial success.
Sam is an award-winning financial educator, children's author, songwriter, and entrepreneur. He is the driving force behind Sammy Rabbit and Sammy's Dream Big financial literacy education strategy. His efforts have been chronicled and quoted by a variety of media, including NPR, MSN, the New York Times, and the Armed Forces Network.
Right now, buying a home is choppy water or is it? My guest, Chris Birk, is here to talk to us about the current state of the housing market, details for VA loans, and the impact of the COVID-19 crisis on the industry. He helps us take a closer look at the CARES act and what it means for homeowners during this challenging and unprecedented time.
Chris Birk is the Director of Education for Veterans United Home Loans, the nation's largest VA lender, and author of “The Book on VA Loans: An Essential Guide to Maximizing Your Home Loan Benefits.” Chris’s articles and analysis have appeared at The New York Times, the Wall Street Journal, the Washington Post, Fox Business, and more.
Show notes can be found here: https://laceylangford.com/podcast/overcoming-homebuying-challenges-with-chris-birk/
Whether you like it or not, your identity will be in some way redefined when you get out of the military. What will your life be like when you get out? What will be your career path, how will you make money, what will family life be like. Getting out of the military can be challenging but there are also opportunities to make improvements.
In this show, my guest has a mission is to bring military veteran Dads home to their families. Ben Killoy is a U.S. Marine Veteran turned blogger, life coach, speaker, and podcaster. Ben has gone through what most transitioning veterans go through, the feeling of needing to redefine their identity outside of the structure of the military and rediscovering your passion and purpose for life. In this episode, he shares advice on how Dads and Moms can make the transition out in a way that works for them.
You can find the show notes here:
https://laceylangford.com/podcast/redefining-your-identity-for-civilian-life/
Higher Education has become associated as a requirement for success and as a necessity for young adults as they enter society and the workforce. Continuing education is consistently marketed to older adults with flexible, online-only options that promise an increased salary within months. For most this education comes at a cost. According to Pew Research, one-third of adults under 30 have student loan debt. The question becomes is more education worth the investment and the possible years of debt.
In this show, Matt Miner is back to discuss the question of is more education the answer. Matt is a fee-only, fiduciary advisor with PLC Wealth Management providing financial planning to families and individuals making super-important life decisions.
You can find the show notes here:
https://laceylangford.com/podcast/is-more-education-the-answer/
A challenge that many military spouses face is finding a job that can fit their lifestyles. Between the PCS moves across country or even overseas, to the difficulty of locating childcare at each new duty station; a flexible job is not easy to come by. Freelancing provides a unique opportunity to be your own boss. You get to make your own schedule and focus on writing topics based on your own experiences and interests. The question is how to get started making money.
In this show, my guest Lizann shares her story and tips about becoming a successful freelance writer. Lizann Lightfoot is a Marine Corps wife and mother of 5 children. She has been writing professionally on topics related to the military community for over 4 years and has self-published two books. Her blog, The Seasoned Spouse, receives thousands of visits each month and Lizann’s writing has been published by major outlets such as Military Spouse Magazine and Military Families.
She is sharing her story behind becoming a freelance writer and best practices for those interested in getting their start.
Show notes can be found here:
https://laceylangford.com/podcast/military-spouses-can-make-money-freelance-writing/
The topic of money and budgeting can be a major stressor in marriage. Different backgrounds and views on how to spend and save can easily lead to conflict.
My guests are here to discuss the role finances play in all stages of a relationship and the importance of having a plan. Willa Williams and Weslia Echols are the founders of Trinity Financial Coaching and the Abundant Living Radio Show.
In this show, they share why an understanding of each other's expectations about money isn't just for married couples, but something that couples need to communicate before saying "I Do." Their advice will help you navigate this sometimes sticky subject and make debt reduction and budgeting a joint effort. As with any relationship subject, communication is the key along.
Show notes can be found here: https://laceylangford.com/podcast/build-a-moneywise-marriage/
Now more than ever finding inspiration or positivity to get or keep our financial lives on track can be hard. When times are challenging it can be difficult to get refocused.
This show is all about getting reinspired and refocused with your money. There are many different ways to manage, invest, and make money. My guest, Andy Wang knows a lot about finding inspiration for your money. Andy Wang is a Managing Partner at Runnymede Capital Management and host of Inspired Money podcast. He was named by Forbes as a Top 10 Personal Finance Podcast. He has been named among the INVESTOPEDIA 100: Most Influential Advisors, Top 100 Most Social Financial Advisors by Brightscope, and has appeared on Reuters TV, Barron's, and Forbes. In this show, Andy shares a lot of stories and advice to help you get inspired with money.
Show notes can be found here:
https://laceylangford.com/podcast/finding-inspiration-for-your-finances/
Matt Miner breaks down budgeting best practices, how to handle debt, emergency savings, and money management tips.
Identity theft isn’t something most of us think about until it happens to us or someone close to us. Having your identity stolen is a scary violation. It’s even worse when it’s someone you love.
In this show, my guest is unfortunately very familiar with identity theft. Axton Betz-Hamilton is an Assistant Professor of Consumer Affairs at South Dakota State University. Her research focuses on financial abuse within families, including familial identity theft and elder family financial exploitation. She’s the author of The Less People Know About Us: A Mystery of Betrayal, Family Secrets, and Stolen Identity, which received the 2020 Edgar Award for Best Fact Crime.
She is sharing the story behind her book and personal experience as a victim of familial identity theft.
Show notes can be found here:
https://laceylangford.com/podcast/identity-theft-how-to-solve-the-mystery/
J.D. Roth is an accidental personal-finance expert. In this episode, we’re discussing taking steps to build your best financial life. And my guest knows a thing or two about that.
For many years, J.D. was a typical American consumer and more than $35,000 in debt to show for it. In 2006, he started writing at GetRichSlowly.org in an effort to document his progress as he dug out of debt and learned to build wealth.
Today, he's debt-free. J.D. is dedicated to helping others master their money -- and their lives. And he hopes one day to meet Taylor Swift.
In this show, J.D. and I talk about:
- What living your best financial life looks like
- Steps people should take to get out of debt and build wealth
- Steps you can take to start investing when you’re scared
Plus a whole bunch more.
Today’s game time is my favorite. It was fun to have a game that matches the guest perfectly. I can’t wait for everyone to hear the results!
Show notes at https://laceylangford.com/podcast/build-your-best-financial-life-with-j-d-roth
Moving is the way the military rolls. It’s part of the job and we all know it. But sometimes it sucks. Picking up your life and family to move to not only a new city but an entirely different state or country is a lot. It will test your marriage, parenting, and packing skills all at once. The good news is, there's help out there to make the experience a little more enjoyable. And even better, there’s now some free PCS help.
In this show, my guest is a fellow military spouse and MFAN board member. Kellie Artis is the COO of MILLIE, a resource, and service to help the military community through their entire PCS journey.
Show notes can be found here:
https://laceylangford.com/podcast/scout-out-your-pcs/
Traveling is something many of us are only dreaming about right now. COVID-19 has really thrown a wrench in all of our summer travel plans. The episode you are about to hear was recorded way before the craziness of COVID set in. We may not be able to travel right now, but we can start doing the research and prep now to save us money later.
My guest today is Stephanie Montague, the founder and President of Poppin' Smoke, a website dedicated to helping members of the military community take advantage of their travel-related benefits. In the show, she breaks down how it all works, best practices to follow, plus mistakes to avoid. Plus other ways to save money on travel in the military.
Show notes can be found here:
https://laceylangford.com/podcast/traveling-on-a-dime
Helping the military community with money is something many people have a passion for, but often they don’t have experience with the military way of life. Which let’s face it until you’ve lived it, you won’t truly understand it.
Now there’s a new group of experienced professionals that have answered the call of many to have a pool of financial experts to help the military community with money advice.
Today’s guest is Daniel Kopp, the founder of Wise Stewardship Financial Planning, where he helps young widows and widowers, as well as servicemembers, get their financial lives in order by aligning their money with their values.
Daniel is back on the show to share a fantastic announcement and some powerful money advice for navigating these crazy times.
Show notes can be found here.
It’s as good a time as any to talk about debt. It’s the side of money that’s polarizing and popular at the same time. If you aren’t careful with it though, you can easily end up on the dark side of debt.
Saving by paying down debt is the theme for this week which is the last week of Military Saves Month 2020.
In this show, I’m going to give you the down-low on debt. What you should know and do about debt. Plus some tips to handle it so you can start saving more money and build up your wealth.
Show notes can be found here.
There's power in saving with a plan. Saving with a plan allows you to have control over your money, and it helps you reach your financial goals. Plus, creating and following a plan for your savings is simpler than you think. You can put the level of detail that works best for you. It's week four of Military Saves Month 2020, and we're sticking with this week's theme, Save with a Plan.
My guests are the dynamic duo behind Military Saves. Today I am talking with Angela Caban, the director of Military Saves and Lila Quintiliani, the Program Director for Military Save about saving with a plan. As always, I had a great time talking with Angela and Lila about saving money. They share some great tips and resources to help you create a plan to save money.
Everyone is feeling the impacts of COVID-19 in some shape or form. As you may know, I planned a series of shows around the themes for Military Saves Month 2020 which is happening now.
This week’s theme is “Save for the Unexpected.” I can’t think of a more timely subject to COVID-19 because what’s going on in the world right now is unexpected. Who could have predicted this would happen to us all.
As a financial coach, I want to help you weather this storm in the best possible way. So today I’m going to give you some financial coaching tips to help you survive and save the unexpected, A.K.A COVID-19.
Show notes can be found here.
https://laceylangford.com/podcast/surviving-the-unexpected/
Saving for retirement is something everyone should be doing. There’s different methods to get results for your retirement savings. One of those methods is with IRAs or Individual Retirement Accounts.
This is the second week of Military Saves Month for 2020 and we’re sticking with this week’s theme, Save to Retire.
My guest, Adrienne Ross, the founder of Clear Insight Financial Planning is here to talk about what IRAs are, how they work, and how to get started or improve your retirement savings.
The show notes can be found here:
https://laceylangford.com/podcast/saving-for-retirement-with-iras/
Today kicks of what used to be Military Saves Week but is now, Military Saves Month. Each week there is a theme to bring awareness to the importance of spending less than you make and saving money.
My guest today is here to talk about ways to save automatically using banking. Andia Dinesen is not only a fellow milspouse and AFC, but she’s also the Executive Vice President for Communications and Operations for the AMBA. We have a great conversation about the importance of setting your savings up to be automatic.
Show notes can be found here
https://laceylangford.com/podcast/saving-automatically-with-banking/
Often, Mom’s are ground zero for money management in their household. They’re trying to juggle family, making money and, making a dollar stretch as far as it can go.
My guest today knows a thing or two about being a Mom and balancing making and saving money. Lena Gott is a CPA turned stay-at-home-mom of three. She is the lady behind the uber-successful blog, What Mommy Does and her courses at Adventures in Blogging help other Moms make money from home blogging.
Show notes can be found here
https://laceylangford.com/podcast/what-mommy-does-with-money-with-lena-gott/
You know you need help with money but who do you get help from? A financial counselor, a financial coach or a financial planner? That’s what we are talking about today. The difference between all of them and how they can each help you with money.
My guest today Andrea Clark is a Certified Financial Planner™ and Accredited Financial Counselor®. She is an Air Force spouse of 28 years, a recovering homeschool mom and engineer who has spent the last 10 years as a military personal financial counselor. She founded The Table Financial Planning in 2017 to offer virtual services to military families on their financial planning journey.
You can find all the show notes here.
https://laceylangford.com/podcast/the-financial-professionals-playing-field/
Many people don’t see building wealth as a possibility for themselves. And if they do, many feel that it’s something they will work on later in life. But building wealth can be similar than you think and you should start sooner than you think.
My guest today is here to talk about building wealth in a practical way. Rocky Lalvani is not only a friend and fellow podcaster, but he’s also a financial expert who helps entrepreneurs and small business owners grow their businesses, profitably. He’s the creator and host of Richer Soul, a podcast about life beyond money. The show helps people find harmony with health, wealth, time, relationships and spirituality.
Show notes can be found here https://laceylangford.com/podcast/practical-wealth-building/
Leaving full-time employment to enter retirement is a big transition in most people’s mindset and behavior. Especially Baby Boomers who may have always had a full-time job or for career military people who know nothing different than the military. There are many factors that go into preparing for retirement or flipping the switch like changing from saving to spending or going from full-time work to finding how you like to spend your days.
My guest today is here to help you prepare for some of the 35 financial, lifestyle, and social transitions you'll encounter upon entering retirement. Dr. Barbara O’Neil is the owner/CEO of Money Talk: Financial Planning Seminars and Publications where she writes, speaks and reviews content about personal finance.
Today I want to talk about something that many service members don’t understand until it is too late. And that is your security clearance and the impact your personal finances have on it. Many military spouses are also not aware that their financial behavior can be impacting their spouse's clearance.
Here’s what I want to go over so you’ll be able to avoid some issues or help someone else avoid in the future.
You can get all the details about the show at https://laceylangford.com/podcast
I’m not going to lie, preparing to buy a home is something more people should do. Research and planning will go a long way to save you time, money and heartache. Unfortunately, many people are winging it.
My guest, Chris Birk is here to help prepare us all on buying a home with a VA Loan. If you're a seasoned home buyer or looking to buy your first home, this is a valuable show for you. Chris shares what most people miss when buying a house and tips for being successful at it.
Chris Birk is the Director of Education for Veterans United Home Loans, the nation's largest VA lender, and author of “The Book on VA Loans: An Essential Guide to Maximizing Your Home Loan Benefits.” Chris’ articles and analysis have appeared at The New York Times, the Wall Street Journal, the Washington Post, Fox Business and more.
Preparing to Buy a Home Episode Details
- Why it’s important for people to begin home buying when they’re ready
- Buying homes for the wrong reason, keeping up with the Jones’
- Where your finances should be before you buy a home
- The average credit score you need to buy a house
- The pros and cons of homeownership
- What PITI is and what you should know about it
- The top tools people need in their tool belt before buying a home
- The top mistakes Servicemembers and Veterans make when buying a home
For more information, visit the show notes at https://laceylangford.com/87
The underemployment and unemployment struggle for military couples is real! Military life makes it challenging for spouses to maintain qualified employment. The roller coaster of having and not having a second income is challenging to your quality of life and mental health. This is why military couples should focus on living off one income while they're in the service. Living off of one income helps with:
- Under and Unemployment for Military Spouses
- Budgeting Consistency
- Emergency Savings
- Quality of Life Builder
For more information, visit the show notes at https://laceylangford.com/podcast
When your house is cluttered and unorganized, it makes it hard to focus. The details of your life like finances get lost in the shuffle.
But when your house is organized, you find calm in the chaos. Calm, cool, and collected is how you want to be to manage your financial life. Being organized means, you’re able to focus on the details because you can see them clearly.
My guest today is here to share advice on how to get your house organized and in order. Christa Curtis is not only a Navy spouse and mom of four. She’s an organizing professional and founder of Permanent Change of Storing, an organization service that specializes in military family lifestyle.
I have to warn you. I was excited to talk about getting organized with Christa, so I may have let out too many secrets about how I like to “magically” get my house clean.
Beyond the military is hard. That’s the cold hard truth. It’s a major transition that many aren’t fully prepared for. If only there was some type of guide or resource that could help the service member and their spouses through the process. There is now!
I have two special guests today, Dr. Shauna Springer and Jason Roncoroni here to talk about a new resource to help with reintegration.
Jason Roncoroni is a retired Lieutenant Colonel and former aviation battalion commander from the United States Army. He is the founder of Ordinary Hero Coaching, Inc. where he helps prepare transitioning leaders for meaningful opportunities after military service.
Dr. Shauna Springer is a licensed psychologist and nationally recognized expert on initiatives that benefit the military community. She has personally helped hundreds of warriors reconnect with their tribe, strengthen their relationships, and build lives driven by their values. Dr. Springer’s work has been featured on NPR, NBC, CBS Radio, Military Times and Marine Corps Times.
Together they have authored a book Beyond the Military: The Handbook for Warrior Reintegration and they are on the show today to share how their book can be used as an integrative strategy for civilian reintegration, continued growth, and lifelong success as a veteran leader in civilian society.
If you or a loved one is preparing to leave the service this show is going to be a great resource for you.
The show notes can be found here.
You’ve been spending less money than you make, build up your emergency fund. You’re saving for retirement. Now what? What are the next steps you should take with your money to get to the next level? That’s what today’s show is about.
Matt Miner is back for part three of my back to basics series. Matt is a fee-only, fiduciary advisor with PLC Wealth Management providing financial planning to families and individuals making super-important life decisions.
In part one of the series, Matt and I talked about budgeting and money management basics in episode 81. Last week we talked about salary and benefits in episode 82. This week Matt shares advice on taking your money to the next level by doing things like saving for your children’s education, paying off your mortgage and building a better quality of life.
Show notes
The amount you get paid and the benefits you receive as an employee are the foundation of your income. Negotiating the best possible salary and understanding and fully utilizing your employee benefits can have a significant impact on your finances.
Matt Miner is back today for part two of my back to basics series. Matt is a fee-only, fiduciary advisor with PLC Wealth Management providing financial planning to families and individuals making super-important life decisions.
Last week Matt kicked off the new year by refreshing us on budgeting and money management in episode 81.
In today’s show, Matt is sharing best practices on negotiating salary, understanding your retirement plan plus all of your benefits like HSAs and FSAs.
Happy New Year! A new year means it’s time for a new beginning. To get everyone's year off to the best financial start. I’m starting the 2020 Military Money Show season off with a back to basics series. I have three shows planned to go over topics like budgeting and money management, salary and employer benefits, and how to take your finances to the next level in 2020. The goal is to give you a review or understanding of core financial elements to handle early in the year to set yourself up for success.
I’m happy to have my guest, Matt Miner for the series. Matt is a fee-only, fiduciary advisor with PLC Wealth Management providing financial planning to families and individuals making super-important life decisions. Matt is lives in North Carolina with his wife and children.
In today’s show, Matt breaks down budgeting best practices, how to handle debt, emergency savings, and money management tips.
Show notes
The end of the year is here. A lot has happened with the economy in 2019 that probably impacted your personal finance. The new year will be no different, the state of the economy will impact your personal finances in some way.
My guest today is here to review with us what happened with the U.S. economy in 2019 and to talk about what’s to come in 2020.
Robert Frick is back by popular demand. Robert is Navy Federal’s corporate economist. In addition to economics, Bob is an expert in personal finance, having worked as an editor at Kiplinger’s Personal Finance magazine for 15 years, and also is an expert in behavioral economics or the study of people’s behaviors surrounding money. If you haven't heard it yet, Bob was in episode 59 where we talked about developing good financial behaviors.
In this show, we talk about what’s coming in terms of what the market will be like in 2020, how it will impact jobs and spending and what that will look like for the military community.
Show notes
The sun is setting on 2019. The year is almost over and done. If you’re like me, the past year has been a mix of some highs and lows and some so-sos.
We’re moving into 2020, and the new year that will bring new goals, opportunities, and challenges.
Right now is the perfect time of the year to begin planning for 2020. And the best way to make the most of the new year is to look back or review your actions (or lack of actions) from 2019 to see what you did well, what you could have done better. And what you could have done without.
Gaining a holistic view of your year past will give you valuable intel going into 2020 to better set, plan and execute your goals. It will also help you identify areas you need to let go of or not waste your time on.
To give you a little kick in the pants and some inspiration to get your 2019 Lookback done, today I am going to share mine.
I’m leading the way, so here is my 2019 review. What I have done and what I have failed to do personally and professionally. And what I plan to do in 2020 to be better.
Show Notes
Saving for your retirement is important. Many times people put off making decisions because they don’t know or aren’t sure. One part of the delay could be because you may not understand the difference between an index fund vs a mutual fund vs an ETF.
My guest today is here to break down the differences, their uses, and some best practices when it comes to understanding funds.
Daniel Kopp is a fee-only, fiduciary financial planner and founder of Wise Stewardship Financial Planning where he helps young widows and widowers, as well as servicemembers, get their financial lives in order by aligning their money with their values. He is also a fellow Air Force veteran.
This is a great show to understand the different types of funds for your TSP to save for your retirement and it’s also a great show for experience savers to review the whole fund playing field.
Investing can be intimidating for people. Most of us know it’s not something you should go into without preparation. But some people aren't aware they are tools they can use to research and make informed decisions about buying stock. Instead of throwing a dart at a dartboard.
Today’s show is about using technical analysis to help with your investing decisions. But do not let the words "technical analysis" scare you away.
My guest today is giving us a tech analysis 101 class. David Keller is a Chartered Market Technician and is the Chief Market Strategist at StockCharts.com, where he helps investors minimize behavioral biases through technical analysis. He is also President and Chief Strategist at Sierra Alpha Research, a boutique investment research firm focused on managing risk through market awareness. And David was formerly a Managing Director of Research at Fidelity.
In the show we discuss:
- How investing is like flying
- The three things people should consider when investing
- What technical analysis is and why people should people use it
- How technical analysis helps people
- Technical analysis for newbie investors
- The two things people new to technical analysis should do or know
- Resources you can use
- Common mistakes people make in technical analysis
- How investors can be sure they’re making smart financial decisions
- How to become a disciplined investor
Show notes
It’s that time of year again. It comes every year, but many of us aren’t prepared when it comes to covering the costs of Christmas and the holiday season.
In honor of Cyber Monday, I thought I’d talk about how to cover the costs of the holidays.
In this episode, I’m going to break down the importance of understanding your spending limits, how to create a game plan for your spending, and how to cover costs of holiday extras like parties and travel. Plus, what to do when you have no money for Christmas. And I’m going to talk about some ways you can make a little extra money to pay for holiday costs.
Covering Christmas Episode Details
- Understanding and setting your holiday spending limit
- How to create a holiday plan
- Finding the best time to holiday shop
- Using military shopping discounts
- What to do when you have no money for Christmas
- How to make money during the holidays
- The power of saying “no”
- Back up gifts that don’t break the bank
- Preparing for Christmas next year
Show notes
In this episode, we’re discussing taking steps to build your best financial life. And my guest knows a thing or two about that.
J.D. Roth is an accidental personal-finance expert. For many years, he was a typical American consumer and more than $35,000 in debt to show for it. In 2006, he started writing at GetRichSlowly.org in an effort to document his progress as he dug out of debt and learned to build wealth. Today, he's debt-free. J.D. is dedicated to helping others master their money -- and their lives. And he hopes one day to meet Taylor Swift.
In this show, J.D. and I talk about
- What living your best financial life looks like
- Steps people should take to get out of debt and build wealth
- Steps you can take to start investing when you’re scared
Plus a whole bunch more. I really enjoyed my discussion with J.D. and how open he was with his advice and thoughts.
Today’s game time is my favorite. It was fun to have a game that matches the guest perfectly. I can’t wait for everyone to hear the results!
Show notes
Buying a house doesn’t have to break your bank. There are many ways to do it in a financially smart. And one of those ways is house hacking.
My guest today is Craig Curelop (aka the FI Guy). He’s the author of The House Hacking Strategy-How to Use Your Home to Achieve Financial Freedom. Craig is also a real estate agent, investor, and works at BiggerPockets.
In this show, Craig shares advice on how to use house hacking to build wealth, what you need to know to get started, how much money you need, how to manage a property plus a bunch more.
Show notes
Today is a special day to honor those who have served in the armed forces so Happy Veteran’s Day to all my fellow Veterans.
In honor of Veteran’s Day, I’m bringing on a fellow Veteran to talk about the highs and lows of military service, how to prepare for separating from service and what more Servicemembers should know about money.
My guest today is Amanda Huffman. She is a and Air Force Veteran and the founder and host of the Women of the Military podcast. Amanda served six years as a Civil Engineer including a deployment to Afghanistan. She traded in her combat boots for a diaper bag to stay home with her two boys and follow her husband’s military career. On her podcast, she interviews women who have served or are currently serving in the military.
Show notes
The military community works hard for the expertise they have. And rightfully so, wants to be paid for what they do and know. But building a business isn’t easy. The money has to come in. Sometimes, in the beginning, that can be through financing, but you can also bring in money by getting government contracts.
Gerri Detweiler is on the show today to school us up on all the details of financing and government contracts. If this is new to you, no worries, it’s a subject I’m learning more about too. So we’re in it together.
Gerri is a nationally recognized business credit and financing expert. She’s the Director of Education at Nav, a fin-tech company that provides business owners with free access to business credit reports and matches them to their best financing options. Gerri is also a board member of Heroes At Home, a non-profit organization dedicated to financial literacy for members of the military and their families.
Government Contracts and Veteran Business Episode Details
- How Veterans can use their skills in business and career transitions
- The challenges for Veteran businesses
- Why you need to build “social capital”
- Common reasons why Servicemembers don’t get financing
- How to get funding outside of banks
- Resources to help Servicemembers, Veterans, and spouses in business
- Finding the right mentorship to help with success
- Figuring out how much funding you need
- Understanding how to get government grants
- What you need to know about government contracts
- How to become certified as a service-disabled Veteran, Veteran or woman-owned business
- What a D-U-N-S number is and why you need it for government contracts
Show notes
Manging your life has something in common with managing a business—money. You have to manage money when you own a business.
But business finances are a little different than personal finances. There are things to consider like paying quarterly taxes, bookkeeping and keeping your personal and business finances separate. If you haven’t done it before it can be easy to get off on the wrong foot. But even if you’re seasoned at managing your business finances there may be some ways you could improve.
My guest is a business finance expert, Sylvia Inks. In this show, she discusses how to best manage your business finances.
If you don’t know Sylvia, she’s a business financial coach and founder of SMI Financial Coaching. Her bestselling book, Small Business Finance for the Busy Entrepreneur - A Blueprint for Building a Solid, Profitable Business, has helped new and seasoned business owners get organized, use the right tools to manage their finances, make better business decisions based on their numbers.
Show notes
Spending money is something we all do. There are things we want or things we need to buy or things we don’t want to buy but must. Needing or wanting to spend money doesn’t mean you throw cash to the wind.
It’s important to be smart about your spending. My guest today, Trae Bodge is here to help us all use smart shopping to get the things we need and want.
Trae is an accomplished lifestyle journalist and TV commentator who specializes in smart shopping, personal finance, lifestyle, parenting, and retail.
Smart Shopping Episode Details
- Understanding what smart shopping is
- How to get better deals in-store and online
- The pros and cons of buying quality vs. quantity
- What items are better to buy for quality
- The “runners high” of getting a good deal
- Resources you can use to be a smart shopper
- How to distinguish between what is truly a good deal vs what is marketing
- The best times to buy what
- Smart shopping ideas for the holidays
Show notes
How would you like to play professional football or drive for Nascar or do the thing you are dreaming of? Well, that’s what my guest today did.
Jesse Iwuji is here to talk about how he first went after his dream of playing football for the Naval Academy. Then how he went after his dream of driving a race car.
We discuss the work that went into making it happen plus the money side of making your dreams come true.
Jesse is a professional stock car racing driver, an officer in the United States Navy Reserve and an entrepreneur. He currently competes in the NASCAR Gander Outdoors Truck Series in the No. 34 for Reaume Brothers Racing. Jesse is one of three African-American drivers actively competing in a NASCAR series.
Show notes
Military life has its ups and downs. There are some amazing perks to serving in the military. But there can also be some drawbacks like crappy military housing or time apart or financial hardships. Most of the time we just suck it up and deal with it. But there is a way to not only have your comments and concerns heard but something to actually be down about them.
My guest is here to talk about how military families can get the support they need and want.
Shannon Razsadin is a Navy spouse, mom, and the Executive Director of the Military Family Advisory Network (MFAN).
MFAN is a national nonprofit that uses a unique peer influencer model to deliver scientific research, implement cutting-edge communications strategies, and drive community outreach and collaboration. This work enables MFAN to deliver data-driven solutions to military families for maximum and measurable positive impact.
Shannon and I discuss what the Military Family Support Programming Survey is and how it makes a rapid change in the military community.
Also in this show:
- What is MFAN and how they help the military community
- How MFAN differs from other organizations advocating for the military community
- The purposes of the Military Family Support Programming Survey
- How the survey results are used and what that means for you
- The past results and the changes they made
- How the survey helps the entire military community
- How to get help with what you need in the military
- Social impacts of completing the survey
- How MFAN got to meet Oprah & get her favorite things
- What’s next with MFAN
Show Notes
Getting out the military today isn’t like it was for your grandparents. Technology, innovation, and support for the military community have made opportunities and guidance are endless. The problem is many Servicemembers and their families are not taking the time necessary to plan plus many people are not aware of the different paths they can take advantage of.
My guest today Scott Tucker is here to talk about the different approaches available for the military community when it comes to transitioning and retiring from the military.
Scott R. Tucker is an Author, Speaker, and Founder of US VetLife/US VetWealth, a lifestyle and financial consulting brand that helps service members go from paychecks and government benefits to wealth and liberty. He is a West Point graduate, military financial expert, and entrepreneur.
Military Transition Preparation Episode
- The different approaches to retirement
- Finding your own path when you leave the military
- Using LinkedIn for personal branding
- Getting guidance to prepare for jobs and entrepreneurship
- Seizing opportunities when you’re getting out of the military
- How to sell your self in the job market
- Leveraging and communicating your skillsets
- How to prepare financially for getting out
Show notes
I’m not going to lie, preparing to buy a home is something more people should do. Research and planning will go a long way to save you time, money and heartache. Unfortunately, many people are winging it.
My guest, Chris Birk is here to help prepare us all on buying a home with a VA Loan. If you're a seasoned home buyer or looking to buy your first home, this is a valuable show for you. Chris shares what most people miss when buying a house and tips for being successful at it.
Chris Birk is the Director of Education for Veterans United Home Loans, the nation's largest VA lender, and author of “The Book on VA Loans: An Essential Guide to Maximizing Your Home Loan Benefits.” Chris’ articles and analysis have appeared at The New York Times, the Wall Street Journal, the Washington Post, Fox Business and more.
Preparing to Buy a Home Episode Details
- Why it’s important for people to begin home buying when they’re ready
- Buying homes for the wrong reason, keeping up with the Jones’
- Where your finances should be before you buy a home
- The average credit score you need to buy a house
- The pros and cons of homeownership
- What PITI is and what you should know about it
- The top tools people need in their tool belt before buying a home
- The top mistakes Servicemembers and Veterans make when buying a home
Show Notes
Live podcast recording is exciting. That’s why I’m pumped about today’s episode. It’s another round of No Filter Finance recorded LIVE at FINCON19 via the NEFE recording booth. In this show, I had the opportunity to talk with my friend and fellow podcaster, Rich Jones from the award-winning podcast, Paychecks, and Balances.
We talk about how to handle financial mistakes, what can help most with money, how to make money management easier, plus a ton more. It was wonderful to have this unfiltered finance discussion with Rich.
In this show:
- What everyone should know about money
- How to handle financial mistakes
- Tips to start investing for your future
- What Rich does that makes it easier to manage your money
- Financial do-overs
- The one thing Rich did with money that helped the most
Show notes
Finding a mentor to help guide you in business can be hard to come by but finding both money and mentorship at the same time is rare. That’s why when I heard about The PenFed Foundations, Veteran Entrepreneur Investment Program (VEIP), I knew I had to talk about it on my show.
My guest, Seda Goff is the Director of Entrepreneurship at VEIP. In this episode, we talk about the state of entrepreneurship in the military community, what VEIP is and how the program could give you a leg up in business.
Show notes
Sometimes what we talk about in public doesn’t 100% mirror what our reality behind closed doors. Especially when it comes to money life.
In today’s show, we are talking about finances unfiltered. My guest, Chris Browning from Popcorn Finance recorded this special episode with me live at Podcast Movement. While we were sharping our podcast skills in Orlando, we had a quick, fun and unfiltered discussion about finances and what people should really know about money. It’s money real talk.
Chris Browning is a financial expert specializing in revenue analysis. He’s also the creator and host of the Popcorn Finance podcast. His show was last year’s Plutus Award winner for Best New podcast.
In this episode:
- Finding the positive in money: what you do well
- Paying bills on time
- Handling bills on the spot
- Financial weaknesses
- Controlling food spending
- Food preparation to save money
- The value of budgeting
- Finding what motivates you to improve your finances
- Favorite ways to save money
- What Chris wants you to know about money
Investing can be a little scary or a lot scary depending on how you feel about it. The terminology alone can stop people from starting. Today my guest, Erin Lowry, The Broke Millennial is here to talk about her second book Broke Millennial Takes On Investing: A Beginner's Guide to Leveling Up Your Money.
In this show, Erin shares advice on getting started without all the stress and fear. Plus the tools and resources to help you avoid mistakes.
If you didn’t know it, you can make a ton of money online. I’ve interviewed many people that do it. But I didn’t know you could make money selling printables. That is until I heard about Julie Berninger.
Today I’m talking with one half of the dynamic duo behind Gold City Venture, Julie Berninger to learn all about how to make some part-time or full-time money-making Etsy printables.
Julie Berninger is a 30-something pursuing financial independence living in Seattle, WA. She hosts a podcast where she interviews people with creative methods of pursuing financial independence, Fire Drill. She blogs about millennial personal finance at millennialboss.com. She also created a course that teaches people how to develop passive income streams by selling printables on Etsy, blogging, and freelancing at GoldCityVentures.com.
The show notes!
I have a goal to make the military community well versed on the resources available to them. Since I’ve talked about people not being aware of what’s out there to help them with money. I’ve decided to be part of the solution instead of whining about it.
In today’s show, I want to share all the resources I know that can help people in the military community with money.
Show notes
You can have all the financial knowledge in the world but if you aren’t taking action on that intel or keeping healthy financial habits financial success might be hard to come by.
I’m talking with an expert in not only the area of behavioral finance but also in economics to discuss ways to improve your financial behavior to have financial success.
Robert Frick is Navy Federal’s corporate economist. In addition to economics, Bob is an expert in personal finance, having worked as an editor at Kiplinger’s Personal Finance magazine for 15 years, and also is an expert in behavioral economics or the study of people’s behaviors surrounding money.
In this episode:
- The role self truths play in your financial success
- How to gain self-awareness to improve your financial behavior
- Resources and techniques to help with poor financial behaviors
- The relationship between your financial and general behaviors
- How to strengthen your good financial behavior
- The role your past plays in how you manage money today
- The results of Navy Federal’s latest survey
- Understanding what it means when the Federal Reserve lowers interest rates
Show notes
VA Home loans are one of the perks of military service but if you haven’t used one before or bought a home before, the process can be like drinking through a firehose.
My guest today, Bryan Rodriguez, a real estate investor who served in the Army, is here to talk about understanding VA home loans and the process of getting started. He also shares a crazy story about a murder in the wholesale business. I won’t spoil it but in this episode I finally have proof of Servicemembers buying Dodge Chargers!
In this episode:
- Bryan’s wholesaling experience that led to a murder
- How to use VA loans
- New rules for VA loans under the Trump Administration
- Understanding the Funding Fee
- VA Disability and the Funding Fee
- Starting the process of getting a VA loan
- Getting the most out of your loan
- VA home loan mistakes to avoid
- Ways to be a responsible homeowner
Show notes
Infertility impacts many Servicemembers and their spouses. Not only does it impact there life and marriage it has financial impacts as well. I'm bringing in a subject matter expert to learn more about the finances of infertility and ways you can get financial help.
My guest today is Laura Coleman. She is a Tennessee-based Accredited Financial Counselor who helps couples prepare financially for fertility and adoption. She shares a lot of great resources and tips in our discussion.
In this episode:
- Laura’s personal experience with adoption and infertility
- The average costs of infertility and adoption
- Costs of IUI vs. natural cycle IVF vs IVF
- The myths and benefits of Foster Care
- Fundraising for fertility treatment costs
- Upfront costs
- Infertility and Adoption grants
- Common mistakes in the process
- Marriage stress from infertility and how to cope
- What to do when you have debt
- What Tricare and the VA cover
Show notes
Today is the fifth and final part of my military entrepreneurship series. If you’re joining the show for the first time, I have been interviewing entrepreneurs experts from within the military community to discuss resources, funding, product, and service-based businesses, making money in the blogging business and a whole bunch more. So be sure to check out episodes 52-55.
Today my guest, Mark L. Rockefeller is here to talk about the realities of business plus some additional resources you can use to start, fund and get coaching for your business.
If you don’t know Mark, he’s the CEO & Co-Founder of StreetShares, which is America’s leading Fin-tech company focused on the military and veterans’ community. He’s also the Chairman of the StreetShares Foundation, which provides resources, coaching and grant funding to military-community-owned small businesses.
Episode Highlights
- What is Streetshares?
- The Streetshares Foundation’s mission
- Advice for starting a business when you don’t know what kind of business yet
- Starting a business with or without the entrepreneurial spirit
- Common mistakes that cause business failure
- Common strengths found in successful entrepreneurs
- Resources for people to increase or continue their business education
- The value of mentorship in entrepreneurship
- Advice for people with an idea for a business but are scared to start
Blogging can be big business. There’s money to be made if you create valuable content that people can find. Often because it’s a virtual business blogging or website management gets discounted as a viable business but today’s show is going to make it clear, you can have a profitable blogging business.
Today is part 4 of my military entrepreneur series. In part 1, episode 52, Jen Pilcher founder of Military OneClick and CEO of Patriot Boot camp came on to discuss the basic training of Veteran and Milspouse entrepreneurship, PBC. In part 2 which is episode 53, Nick Bradfield came on to discuss Bunker Labs. In part 3, episode 54 I talked with Brandon Shelton from TFX Capital about business funding options.
My guest today, Ryan Guina is one of the most well know military money bloggers. In this show, he is sharing what blogging really is, how to get started at it and make money. Ryan also shares some of the common mistakes to avoid in blogging and the finances behind running a blog.
Ryan Guina is the founder of TheMilitaryWallet.com and CashMoneyLife.com. He is a writer, small business owner, military Veteran, and current member of the Air National Guard.
Be sure to stick around for What’s on Lacey’s Mind. The VA may owe us some money!
Blogging Business Episode:
- How Ryan started blogging
- What blogging is
- How people make money blogging
- How do you get started in the blogging business
- Common blogging mistakes to avoid
- Ryan’s tips for blogging when you don’t have experience
- How to not get overwhelmed by the blogging business
- Product based businesses and blogs
- Beginning a blog when you have debt
- The finances of a blog business
- How to handle challenges in business
Show notes
You want to start a business but how are you going to pay for it? What type of business are you going to start? Is a service-based business? Or is it a product based business.
My guest today is here to break down your business funding options and the business types they work best for. This is the third part of my series on military entrepreneurship.
Brandon Shelton is a strategy leader, a problem solver and a relationship builder. He led the grassroots effort that became Task Force X, a driven network of experts and advisors that evaluate talent and develop entrepreneurs and businesses. A veteran entrepreneur himself, Brandon first founded T2 Growth Advisors to help teams design and activate strategic frameworks to reach their goals.
Brandon developed his financial, strategic and operational skills through various experiences in high intensity and change environments from the military after 9/11 to Wall Street in 2008. Using military principles, Brandon helped client teams grow while a partner at a boutique strategy consulting firm with his largest client hiring him to drive growth, expansion and technology changes at a multi-billion dollar company in North America. Brandon founded T2 Growth Advisors to connect these skills to startups and small businesses. He also is a Board Director at NAVSO, a nonprofit organization dedicated to improving the lives of veterans and military families and a Board Director at StreetShares Foundation, America’s small business funding community.
And last but not least, Brandon is also one of my mentors from Patriot Boot Camp.
In this episode, Brandon shares with us the common ways to fund a business, what venture capital is and how to figure out what the best funding for your business.
Show notes
It’s never been easier to make money online as it is now. But for many of us, making money online and from home is new territory. Most people have traditional jobs that require them to leave home to earn a paycheck. There are ways to earn a paycheck at home through blogging, freelancing or even making printables to sell on Etsy.
Today is a special bonus episode of The Military Money Show which I have not done before but I thought it would be a great way to end out June.
To talk about making money online I have a special guest Cody Berman. Cody is a 23-year-old entrepreneur and side hustle expert. He is the co-founder of Gold City Ventures, creator of the Side Hustle Course, co-host of The FI Show, and blogger at Fly to FI. In his spare time, he enjoys travel, weightlifting, and playing sports.
In this episode, Cody and I talk about how to get started making money online, easy places to start, and his new side-hustle course.
Also in this episode:
- The experience you may or may not need to get started
- Where to start freelancing
- How to make your first $1
- The basics of blogging for profit
- How to make money making Etsy printables
- Making money online ideas
Show notes
Help for the military entrepreneurship community isn’t far from home. That help is Bunker Labs. This show is part 2 of my military entrepreneurship series.
My guest, Nick Bradfield is the Atlantic Region Experience Director for Bunker Labs. He is a Dad. Hubbie. Marine, recovering FinTech Entrepreneur, and an angel investor. Nick Bradfield has spent his career honing the leadership traits taught in the military; technical skills learned via formal education, and business acumen acquired on-the-job in the financial services and technology sectors.
In this episode, we’re talking about what Bunker Labs is, who it’s for and how this free resource can help in your business. Plus we talk about finding entrepreneurship help in your local community.
Show notes
Today starts the entrepreneurship series I'm doing on military entrepreneurship. There are a lot of people thinking about starting a business but don't know where to start or the help the can get to start a business.
In this series, I’m going to be talking with entrepreneur experts from all over the military community. We’ll be talking about how to get training to start your business, how to pay for your business and the different types of businesses you can start plus a bunch more.
My guest today, Jen Pilcher is here to help me kick it all off. Jen Pilcher is the CEO of Patriot Boot Camp and the founder of MilitaryOneClick and Milspousefest. She is one of the nation’s foremost thought leaders on engaging the military and veteran communities. Through 15+ years of marketing and media experience and as a Navy spouse, she develops outreach programs and authentic content that empower the lives of service members, veterans and military spouses.
Jen and I talk about what Patriot Boot Camp is, who it’s for, and how it can help kick start your entrepreneurial journey.
Show notes
Extra money is something most people want but why they want it can vary. It could be because they want to do things, buy things or it could be to save and invest money. It could also be to get out of debt or pay off a debt in collections. No matter your reseasoning, side hustling for extra money could be a new venture for you. One that you may not know where to start or how to overcome some barriers to make it happen.
My guest today is here to help with that. He is a part-time money expert.
Philip Taylor is a CPA, blogger, podcaster, and the entrepreneur mastermind behind FINCON and ptmoney.com.
In this episode, PT and I talk about what side-hustles are, where to begin, how to find one, balancing a side hustle with a full-time job, and with family life. Plus PT shares resources to help you learn more about side hustles and how to find them. If you are looking to find a way to make some extra cash, this is going to be a fantastic episode for you.
And don’t forget to stick around for What’s on Lacey’s Mind. My guest, Lili Quintiliani from Military Saves comes on the chat with me about Must-dos in personal finance.
Show notes
In episode 45 I talked with Robert Steen about the numbers you should know for retirement planning purposes. Robert is an Advice Director for Retirement & Complex Financial Planning at USAA.
In today’s episode, he’s back to discuss how to make those numbers a reality.
We talk about first actions steps to make, where to save, how to save and how to do it consistently to reach your goals. We also talk about what to do about retirement savings when you have debt.
Robert shares a lot of good “how-tos” in this episode to start making retirement savings a reality.
Be sure to stick around for What’s on Lacey’s mind, I have a special guest, Majorie Eastman, author of The Frontline Generation and creator of the 2019 Bicycle Collectible Post 9/11 Deck of 52.
#LifeUninterrupted
The military community is well aware that good leadership is important in your career. But leadership applies to so many parts of your daily life. The impacts of leadership good or bad can have lasting effects on a person.
From my experience in the military and as a financial coach, I know how valuable positive leadership is in life and money. I’m excited to share my talk with my guest today, Maureen LeBoeuf.
Maureen and I met by chance at a book launch in New York City a couple of years ago. It was for her niece, Erin Lowry, Author of Broke Millennial and Broke Millennial Takes on Investing. It was there I learned about Maureen’s amazing military career. So when I found out she wrote a book, I knew I had to have her on.
Brigadier General (Retired) Maureen LeBoeuf served 28 years in the U.S. Army. During her career, she held various staff and leadership positions as well as flying UH-1 helicopters in the continental United States and Europe. Most noteworthy was her assignment as the Professor and Head of the Department of Physical Education at the United States Military Academy at West Point from 1997 until her retirement in 2004. Her position carried the unique title “Master of the Sword.” She was the first woman department head at the United States Military Academy since it was founded in 1802.
LeBoeuf is currently the Chair of the USO of North Carolina. She is currently serving as a senior advisor and faculty member with the Thayer Leader Development Group at West Point.
In this episode, Maureen shares her stories of leadership in the military to include her time at West Point, the lasting impacts of leadership, how to apply leadership in your life and money plus her money words of wisdom for active-duty Service members.
Today is a solo episode because I want to talk about something that has been a frequent topic of discussion recently on my coaching calls. And that’s self-accountability. It’s essential to be aware of who you are to get to where you want to be in life. What you value, what makes you tick, what you’re passionate about, what brings you joy, and what you don’t like are all things to consider.
Ignoring or not taking into consideration what’s already established about yourself leads to unhappiness, discontent, and problems.
On the other hand, knowing yourself, well, helps you make decisions that have a positive impact on your life and finances. And ultimately help you reach your goals.
Today I want to talk about how to understand yourself and apply that knowledge to improve your financial life.
The phrase “real estate investing” can cause intrigue and fear in many. The prospect of making money off property leads many to want in the real estate game but understanding the ins and outs of how it all works can stop people from taking the leap.
My guest, David Pere, an active-duty Marine, and professional real estate investor is here to give us the low down on investing in real estate. David teaches Servicemembers personal finance and how to invest in real estate. On the show today, we talk what to do before you start, how to start, how to pay for investment property and common mistakes to avoid.
I’m excited to share this episode with you today. It’s not so much on the money side but it’s something I found very interesting so I thought you might as well. I’m always interested in careers people start after military Service. And my guest today, Paul Jun from Filmocracy has a great one. Paul and I met as attendees of Patriot Boot Camp where I had to opportunity to hear his story.
If you are thinking about getting into the movie industry or want to understand how it all works, this is a great episode for you. Plus you’ll hear about Filmocracy and how it’s changing the way films reach people. We also talk about the costs of creating films and how you make money at it.
Your retirement is coming whether you like it or not. And it’s going to take some planning and prep to make it successful. You can’t just wing it, I mean you can but it might not go down the way you want it to.
But what does successful retirement planning look like? How much should you save, how long will it last, when can you start using your savings? These are all questions I asked my guest today, Robert Steen. Robert is an Advice Director for Retirement & Complex Financial Planning at USAA.
In this episode, I ask Robert the questions I know people have about the numbers of retirement. Because knowing the numbers will help make decisions and the whole planning process easier
The show today is going to clear up a lot of mysteries about Medicare hopefully. We pay for it each month, but most people don’t fully understand the part it will play in their retirement or how to even sign up for it. It may not be a topic you think about, but it’s one you need to start preparing for.
My guest Daniell Roberts is a nationally recognized expert in Medicare. She is a founding partner of Boomer Benefits, a company helping baby boomers navigate Medicate.
In this episode, Danielle shares a wealth of knowledge about the ins and outs of Medicare and what you need to know but can also help your older loved ones.
Improving your quality of life is a goal everyone wants. But when you’re in the military, how do you get your voice heard so changes are made? The Military Family Lifestyle Survey, that’s how. Today my guest, Hisako Sonethavilay from Blue Star Families is here to discuss what the survey is and how it’s helping to improve the lives of Service members and their families.
Hisako is Blue Star Families' Senior Advisor of Applied Research. Our discussions gets into what the topic concerns of military families are, personal finance issues and how the research is applied to make change.
And stick around for my special What’s on Lacey’s Mind guest, Sharon Gran from MilitarybyOwner!
It's time to go behind the scenes of the Naval Academy! Today, my guest, Grant Vermeer, a fellow Patriot Boot Camp Alumni, and an active-duty Navy officer is coming on the show to talk about the community and helpful resource he created called The Academy Insider. We’re chatting about what it’s like to attend the Naval Academy, some dos and donts and the finances behind being a midshipman.
I’m bringing a special guest on for Game Time today that may have you hearing double!
Plus I have a very special What's on Lacey's Mind (WOLM) topic for you today. My WOLM guest, Judy Davis chats with me about something I'm currently obsessed with and that's helping me improve my business and life! It's Airtable.
You’re not going to want to miss this fun Mystery Show in honor of April Fools' Day 2019! I’ll give you a hint I’m in the hot seat but you’ll have to listen to find out who’s putting me there and the crazy shenanigans they're up to!
In this episode, you get what you get and don’t pitch a fit!
Podcast Links
- The Stacking Benjamins Show
- What’s on Lacey’s Mind
Special Thank You
A special thank you to the awesomely funny cast of The Stacking Benjamins Show! And to Joseph Hogue for coming on for What’s on Lacey’s Mind.
There is no shortage of resources to assist active-duty Servicemembers and Veterans. It’s more about matching the right resource for the right time in your life.
My guest today is here to talk about OSD, a nonprofit organization encouraging community service and commitment amongst the military community by developing programs for deployments, mental Health, homelessness, and employment.
Glenn Banton is the CEO and executive director of OSD. Many of you might know OSD for bringing “fun where there is no fun” by delivering video games to those deployed, which has been coined recreational therapy.
In this episode, Glenn explains OSD’s mission and how it can help the armed forces plus he explains how OSD’s mission has evolved to meet the needs of Servicemembers and Veterans in their life stages.
This episode has some valuable info for resources of supply drop packages for deployed members, mentorship, employment, and community resources when you get out.
Podcast Links
- OSD
- What’s on Lacey’s Mind
- What the Heck is EOS?
- Bullet Journaling
Special Thank You
A special thank you to my sister, Kiely Flanigan for coming on for What’s on Lacey’s Mind.
Thank You for Podcast Reviews!
I appreciate reviews of the Military Money Show on iTunes, Google Play, TuneIn, iHeart Radio and Stitcher. It helps me make this podcast better and better. Plus it helps other people find the show.
Connect
- Subscribe to The Military Money Expert™️
- Subscribe to The Military Money Show on Apple or Android
- Follow on Twitter
- Follow on Instagram
- Like on Facebook
- Subscribe to Lacey’s YouTube Channel
Disclosure
These notes may contain links to our affiliate products or services which means I might get compensation when you click or buy. That said, I’m only going to put affiliate links that are in line with our podcast discussion.
The time to figure out saving for your child’s education is not when they’re applying for college. Oh no, you should start saving money the day you bring them home from the hospital. Or somewhere close to then. It will make your life a heck of a lot easier.
My guest today, Ksenia Yudina is here to talk about her new app, U-Nest that helps you save for your child’s education with at 529 plan.
She is a mother of three with over a decade of experience as a financial adviser helping parents understand how best to establish savings funds for their children. She built U-Nest to remove the barrier to 529 Plans for families who can’t afford expensive financial advisors to guide them through the process. We go over U-nest, how it works, the cost and the benefits all in this episode.
In this episode:
- What’s a 529 plan
- What U-Nest is and how it can help your finances
- How U-Nest is different
- How and why it was created
- Student loan debt
- How to start saving for college
Podcast Links
- U-Nest
- Veterati
Thank You for Podcast Reviews!
I appreciate reviews of the Military Money Show on iTunes, Google Play, TuneIn, iHeart Radio and Stitcher. It helps me make this podcast better and better. Plus it helps other people find the show.
Connect
- Subscribe to The Military Money Expert™️
- Subscribe to the Military Money Movement Podcast on Apple or Android
- Follow on Twitter
- Follow on Instagram
- Like on Facebook
- Subscribe to Lacey’s YouTube Channel
Disclosure
These notes may contain links to our affiliate products or services which means I might get compensation when you click or buy. That said, I’m only going to put affiliate links that are in line with our podcast discussion.
This topic is near and dear to my heart because I 100% understand the frustrations of employment as a military spouse. It was a struggle for me to work in the financial services industry in the midst of deployments, long TDYs and PCSing. In fact, my whole business was born out of my personal struggle to do what I love and can make money at but also that fit into balancing our family and military life.
My guest today is Beth Conlin. Beth is the Senior Advisor for Careers with Blue Star Families. She is a fellow Milspouse and understands the challenges other spouses face when it comes to employment.
I’m chatting with Beth about a Blue Star Families program called Spouseforce. Spouseforce is a program working with employers to create employment and training solutions to help Milspouses with jobs that work with their lifestyle. And let’s face it, it’s hard to explain to a new employer you need three weeks off because your hubby who you haven’t seen in a year is coming home. Or that you have to come in 30 minutes later than everyone else for work because you have no one, not a spouse, friend or family member to get your kids to school because you have just arrived at a new duty location.
In this episode we discuss:
- What Spouseforce is and how does it work
- Who can us Spouseforce
- The need for this program
- Costs
- Spouseforce sign up
- Experience requirements for the program
- Training provided
- Volunteer Work
- Can people/companies search
Podcast Links
- Blue Star Families Career Center
- SpouseforceWhat’s on Lacey’s Mind
- Silent Sacrifice on the Homefront
- Becoming
Special Thank You
A special thank you to my brother, Brian for coming on for What’s on Lacey’s Mind.
Thank You for Podcast Reviews!
I appreciate your review of Military Money Movement Podcast on iTunes, Google Play, TuneIn, iHeart Radio and Stitcher. It helps me make this podcast better and better. Plus it helps other people find the show.
Connect
- Subscribe to The Military Money Expert™️
- Subscribe to The Military Money Show on Apple or Android
- Follow on Twitter
- Follow on Instagram
- Like on Facebook
- Subscribe to Lacey’s YouTube Channel
Disclosure
These notes may contain links to my affiliate products or services which means I might get compensation when you click or buy. That said, I’m only going to put affiliate links that are in line with my podcast discussion.
You need credit to start building credit. If it sounds confusing, that’s because it is. How do you build credit if you can’t get credit because you don’t have credit? Yes, even more confusing. But the answer just might be, Self Lender.
Today my guest is Brett Billick, the Chief Marketing Officer from Self Lender. Brett and the team at Self Lender were kind enough to have me visit their offices in Austin, TX to record this episode live and in person.
In this episode, Brett breaks down exactly who Self Lender is, what they do and how they can help you either build or rebuild your credit.
Please stick around for What’s on Lacey’s Mind. Today I’m talking about something that surprised me about the military. It even surprised my What’s on Lacey’s Mind guest. It’s was a shocker that neither of us knew an important fact about retiring from the military.
In this episode:
- What a credit score is and what goes into your score
- What is Self Lender and how it helps build or rebuild your credit
- The common problems or barriers to building credit
- The costs of using a self-builder loan
- The time requirements
- The ins and outs of how Self Lender works to help your credit
Podcast Links
- Self Lender
- Christopher Moore
- Coach by Michael Lewis
- Retirees Can Be Court-Martialed for Crimes Committed After Service
Special Thank You
A special thank you to Kate Horrell for coming on for What’s on Lacey’s Mind.
Thank You for Podcast Reviews!
We appreciate your review of Military Money Movement Podcast on iTunes, Google Play, TuneIn, iHeart Radio and Stitcher. It helps us make this podcast better and better. Plus it helps other people find us.
Connect
- Subscribe to The Military Money Expert™️
- Subscribe to The Military Money Show on Apple or Android
- Follow on Twitter
- Follow on Instagram
- Like on Facebook
- Subscribe to Lacey’s YouTube Channel
Disclosure
These notes may contain links to our affiliate products or services which means we might get compensation when you click or buy. That said, we are only going to put affiliate links that are in line with our podcast discussion.
Saving money can be difficult for many people. Often we all need a little inspiration or just a kick in the pant to start the process of saving money. My guest today has a resource that can help you jump start your savings goals. That resource is Military Saves Week.
Military Saves is part of the nonprofit America Saves and a partner in the Department of Defense’s Financial Readiness Campaign. The whole goal is to motivate, support, and encourage military families to save money, reduce debt, and build wealth.
My guest, Alecia Blair is a fellow Accredited Financial Counselor and military spouse. As a spouse of an active-duty Army soldier, Alecia understands the challenges of military life and believes deeply in the mission of Military Saves to help service members and their families save money. We have a great discussion about the struggles of saving money in the military community and some tips to start saving money.
In this episode:
- What military saves week is and how it can help you
- Reasons why the military community should participate
- How to participate
- Tips to stay motivated to save
- Tools to help you save
Podcast Links
- Military Saves
- How Long it Takes to Form a New Habit
- The Great Gatsby
- Leanne Moriarty
Thank You for Podcast Reviews!
We appreciate your review of Military Money Movement Podcast on iTunes, Google Play, TuneIn, iHeart Radio and Stitcher. It helps us make this podcast better and better. Plus it helps other people find us.
Connect
- Subscribe to The Military Money Expert™️
- Subscribe to The Military Money Show on Apple or Android
- Follow on Twitter
- Follow on Instagram
- Like on Facebook
- Subscribe to Lacey’s YouTube Channel
Disclosure
These notes may contain links to our affiliate products or services which means I might get compensation when you click or buy. That said, I’m only going to put affiliate links that are in line with my podcast discussion.
Credit is a daily issue for many people. People use credit for buying a house, or a car or furniture or even lawn mowers. But sometimes people get in over their head with credit and don’t know how to fix their situation. It can be difficult to navigate the companies advertising that they’ll help you fix your credit. How do you know what it costs or which ones are reputable?
Today my guest, Barry Coleman for NFCC is here to break it all down. Barry is Vice President of the Counseling and Education programs at the National Foundation for Credit Counseling (NFCC), he and his team are responsible for the development and implementation of financial counseling and education programs that NFCC members deliver to consumers.
In this episode, Barry shares some valuable resources and advice for people that need a little guidance with their credit problems.
Also in this episode:
- What is NFCC?
- Resources to help people with their credit
- Who can use the resources
- Military specific resources
- The costs of help
- What to know about debt consolidation
- What to know about bankruptcy counseling
Podcast Links
- NFCC
- VetTec
Thank You for Podcast Reviews!
We appreciate your review of Military Money Movement Podcast on iTunes, Google Play, TuneIn, iHeart Radio and Stitcher. It helps us make this podcast better and better. Plus it helps other people find us.
Connect
- Subscribe to The Military Money Expert™️
- Subscribe to The Military Money Show on Apple or Android
- Follow on Twitter
- Follow on Instagram
- Like on Facebook
- Subscribe to Lacey’s YouTube Channel
Disclosure
These notes may contain links to our affiliate products or services which means we might get compensation when you click or buy. That said, we are only going to put affiliate links that are in line with our podcast discussion.
If you need or want FREE help improving your financial situation, it’s out there. All you have to do it find it. Whether it’s planning for your retirement or getting out of debt or just learning how to save better.
My guest today is going to help you find that free help even faster. Here to discuss free resources to improve your financial education is Brent Neiser, Senior Director of Strategic Partnerships and Alliances for the National Endowment for Financial Education® (NEFE®). He is also on the consumer advisory board for the Consumer Protection Financial Bureau (CFPB).
This episode was recorded live at NEFE’s offices in Denver CO. In full disclosure, the audio for Brent is less than perfect due to operator error. And that operator was yours truly! Apparently, in all the excitement of the live recording, I didn’t turn on the correct microphone so heads up.
Don’t worry, even though I was LIVE, I still have a special Game Time guest, you’ll have to listen and find out who it is.
In this episode we discuss:
- What’s NEFE?
- The financial education resources that NEFE provides
- Financial calculators for retirement and planning
- The High School Financial Planning Program
- The latest in NEFE research and what it can do to help you
- How will the research be turned into reality or used?
Podcast Links
- NEFE
- The Artist’s Way
Special Thank You
A special thank you to my Game Time guest, Bethany Bayless from The Money Milhouse Podcast and the MC for FINCON 2019.
Thank You for Podcast Reviews!
I appreciate your review of Military Money Movement Podcast on iTunes, Google Play, TuneIn, iHeart Radio and Stitcher. It helps me make this podcast better and better. Plus it helps other people find the show.
Connect
- Subscribe to The Military Money Expert™️
- Subscribe to the Military Money Movement Podcast on Apple or Android
- Follow on Twitter
- Follow on Instagram
- Like on Facebook
- Subscribe to Lacey’s YouTube Channel
Disclosure
These notes may contain links to my affiliate products or services which means I might get compensation when you click or buy. That said, I’m only going to put affiliate links that are in line with my podcast discussion.
Financial freedom is something everyone strives for but many don’t know the steps they should take to get there. Knowing some steps that work and knowing the steps to avoid can also help on the road to financial freedom.
Today I’m chatting with Grant Sabatier, the Creator of Millennial Money and Author of the Financial Freedom: A Proven Path to All the Money You Will Ever Need.
Grant went from $2.26 to $1 million in 5 years through side hustling and investing. After reaching financial independence at the age of 30, Grant Founded MillennialMoney.com, where he writes about investing, personal finance, entrepreneurship. In this interview, Grant shares some of the methods he used to find financial freedom.
https://laceylangford.com/podcast
Financial success begins with your money mindset. Before you can make your financial situation better you have to get in the right headspace. If not, you could end up sabotaging yourself. In this episode, I go over 5 ways to build a positive money mindset plus 3 exercises you can do to make it easier.
https://laceylangford.com/podcast
Building your credit or improving your credit score all starts with your credit report. It’s what lenders look at when you need to borrow money. Having a lower credit score could mean paying more to borrow money or not being able to borrow money at all. But more and more places are looking at your credit score before they will do business with you...cell phone companies, utilities, or apartment rentals. So having a good credit score is essential.
In this episode, I talk with the Director of Consumer Education and Awareness for Experian, Rod Griffin. He shares some great advice for improving or building your credit. We also talk about Experian’s new program Experian Boost to help many improve their credit score by being able to use their positive utility payments. Stick around for What's on Lacey's Ming to hear us talk deeper about Boost.
In this episode:
- What’s a credit score?
- What a credit score is made up of
- What is a good and a bad score range?
- Steps people can take to improve their credit score
- How to read and interpret a credit report
- The difference between collections vs charged off
- Experian Boost
https://laceylangford.com/podcast
Saving money can be challenging for many Servicemembers and Veterans so it’s nice when you can get a little help or motivation. And someone laying down a challenge might just be the kick in the pants you need to kick-start your savings habit. Today, Doug Dickerson, the State Director of AARP North Carolina joins me to talk about the savings challenge they are doing, the reasons why and the importance of saving money for the future.
https://laceylangford.com/podcast
Becoming extraordinary with money is a possibility for you. It just takes some first steps and good financial habits to get there. Today’s guest, Chris Hogan, is a #1 national best-selling author, a dynamic speaker, and financial expert. For more than a decade, he has served at Ramsey Solutions, equipping and challenging people to take control of their money and reach their financial goals. He is here to share tips from his new book, Everyday Millionaires- How Ordinary People Built Extraordinary Wealth—and How You Can Too.
https://laceylangford.com/podcast
Help with money is something a lot of people need at some point. You may need to call in reinforcements when your money starts to get out of your skill or confidence level. But many people don’t know the dos and don’ts of hiring a financial advisor.
In this episode, I’m talking with OG the co-host of the award-winning podcast, Stacking Benjamins. OG shares all the tips you need to hire and work with a financial advisor.
https://laceylangford.com/podcast
Starting a business is a big deal. It requires planning and preparation to have success. Just like a mission. Without the planning and prep, mistakes can be made that will hurt your chances of success and your finances. Today I’m excited to welcome Joanna Guldin and John Noll to the show. They’re the founders and Swatara Coffee Company. An independent coffee shop in historic Jonestown, PA.
The Blended Retirement System (BRS) Opt-in period is coming to an end. For many military Service members, that means a decision has to be made. Are you staying in the Legacy System or are you opting into the BRS? In this show, I’m talking with JJ Montanaro from USAA to discuss what the military community needs to consider when making their BRS Opt-in decision.
https://laceylangford.com/podcast
Today's guest is Darwin Hale, author of Need to Know: How to Arm Yourself for the Healthcare Battlefield. He is talking with me about ways to help Servicemembers and their families take ownership of their healthcare after service. Military Servicemembers mostly do not have the choice on who provides the medical care. You go to the doctor available. And most of the time, there isn’t a lot of questioning when it comes to your medical care. Well when you get out of service, it’s something you need to take a closer look at.
https://laceylangford.com/podcast