The Financial Concepts Podcast: Recent Episodes
Rhonda and Scott Ferguson
You work hard every single day. Now, it’s time to make your money work harder. Welcome to The Financial Concepts Podcast with Rhonda and Scott Ferguson from Financial Concepts. Rhonda and Scott guide hard-working middle class millionaires next door to turn their savings into an income that grows over their lifetime, leaving a legacy for generations to come. It’s time to make your money do the work so that you can put your feet up and enjoy the fruits of your labor.
The SECURE Act 2.0 has 92 provisions, and today’s guest helps host Scott Ferguson narrow in on a few that will change the way you pay off loans, save for retirement, and attract and retain employees.
Join Scott as he talks with Bridget Jarvis, Partner and Vice President of Business Development at ERISA Services about the impact of the SECURE Act 2.0 on Americans’ financial portfolios.
Gain insight as Bridget discusses:
- What the SECURE Act aims to achieve and how it might be integrated into your portfolio
- The pros and cons of provisions that affect business owners
- How the auto-enrollment feature can be a great incentive resource for employers
- And more
Connect with Bridget Jarvis:
- LinkedIn: Bridget Jarvis
- ERISA Services
Connect with Scott Ferguson:
- Financial Concepts
- +1 (662) 327-1480
- scott@fincon.net
- LinkedIn: Financial Concepts
- LinkedIn: Scott Ferguson
- Facebook: Financial Concepts
When navigating a bear market, it is important to take what the media says with a grain of salt. From trying to sell advertising space to evoking fear for their own personal gain, the media has a hidden agenda that might not give you peace of mind.
Thankfully, we are here to discuss what exactly this bear market means for us and how we can continue to navigate this landscape. Join Scott Ferguson as he discusses the ins and outs of a bear market and what you need to know when navigating your portfolio given these circumstances. What you may think is negative decline might actually be beneficial.
Tune in to learn about:
- How long a bear market has historically lasted versus the timeframe we are currently in
- What kind of changes need to happen when preparing for, or entering a bear market
- How a bear market might affect your onset of retirement
- And more
Resources:
- Navigating A Bear Market (Ep. 5)
Connect with Scott Ferguson:
- Financial Concepts
- +1 (662) 327-1480
- scott@fincon.net
- LinkedIn: Financial Concepts
- LinkedIn: Scott Ferguson
- Facebook: Financial Concepts
From farming to being a full-time mail carrier at age 70 to buying her first stock. Rhonda Ferguson’s grandmother had quite a financial journey.
In this episode, Rhonda shares the 9 biggest financial lessons she learned from her beloved “granny” who weathered through several ups and downs, including The Great Depression, during her life span of 93 years.
Rhonda discusses:
- Why frugality is not necessarily a bad thing (as many people perceive it to be)
- The importance of knowing what you own
- How a long-term perspective helps you overcome emotions and make rational decisions
- Relatable stories and analogies to better understand the financial lessons
- And more
Connect With Rhonda Ferguson:
- Financial Concepts
- +1 (662) 327-1480
- LinkedIn: Financial Concepts
- LinkedIn: Rhonda Ferguson
- Facebook: Financial Concepts
A lot of times when we have a year like 2022, with three negative quarters you can start to think: Why am I investing? What’s the point?
In this episode, Rhonda Ferguson, talks about how your emotions can get in the way during the down markets, what’s happening to the price of goods and why you should have more income than the year before.
Rhonda discusses:
- How our investing decisions come from emotion
- Why it’s better to own than to loan
- Why you want your money to keep growing
- How she helps people who are new to investing
- And more
Connect With Rhonda Ferguson:
- Financial Concepts
- +1 (662) 327-1480
- LinkedIn: Financial Concepts
- LinkedIn: Rhonda Ferguson
- Facebook: Financial Concepts
The current events are on everybody’s mind right now. When you turn on the tv, when you read the newspaper, when you get on social media, you see words like recession, inflation and bear market.
But what is really going on in the world today?
In this episode, Scott Ferguson analyzes the current state of the economy right now. He will help you understand how inflation and high interest rates might be affecting your life and what to do to prepare for it.
Scott discusses:
- The trajectory of inflation rates moving forward
- How the war in Ukraine has affected the US economy
- Predicting future trends in the market based on historical patterns
- Important things you should know before heading into a bull market
- And more
Connect With Rhonda Ferguson:
- Financial Concepts
- +1 (662) 327-1480
- LinkedIn: Financial Concepts
- LinkedIn: Rhonda Ferguson
- Facebook: Financial Concepts
A successful marriage has good communication, and when it comes to working with an advisor it’s like a money marriage.
Although your dreams, wishes and desires change as you mature you want to communicate this to keep everything in line with what you planned for.
In this episode, Scott Ferguson shares why having open lines of communication with your advisor, spouse and children is key when it comes to investing in your retirement.
Scott discusses:
- Open and honest communication is vital to a successful working relationship
- The importance of laying out your dreams and goals
- Clearly communicating your needs vs wants in retirement
- Reasoning behind communicating your financial plan to your children
- And more
Connect With Financial Concepts:
- info@fincon.net
- scott@fincon.net
- (662) 327-1480
- Financial Concepts
- LinkedIn: Scott Ferguson
- LinkedIn: Rhonda Ferguson
- Facebook: Financial Concepts
It’s human nature to want to react during those doom and gloom moments. But not reacting can be far more beneficial than reacting and can contribute to your financial success.
In this episode, Scott Ferguson digs into five keys that he thinks are important when it comes to being a successful investor.
Scott discusses:
- Taking the wider view on your investments
- Investing based on your tailored plan
- The reasoning for diversifying your assets
- Reducing the outside noise
- And more
Resources:
- The Financial Concepts Podcast: How To Make Your 401k As Healthy As Possible (Ep.4)
Connect With Financial Concepts:
- info@fincon.net
- scott@fincon.net
- (662) 327-1480
- Financial Concepts
- LinkedIn: Scott Ferguson
- LinkedIn: Rhonda Ferguson
- Facebook: Financial Concepts
You’ve had the opportunity to meet Scott Ferguson, now this time around you will hear a different voice on the other end of the microphone. In this inaugural episode, Rhonda Ferguson, the founder of Financial Concepts, provides insight into her personal and professional life. She also reveals how her past experiences have taught her many … Continue reading Meet Rhonda Ferguson (Ep. 6) →
When markets are in turmoil, the media tends to jump on it as the latest life-altering event. Oftentimes media outlets want to sell advertising space and profit off of fear, creating a purely negative narrative around the shift of the market, making it look like a large disaster that will have an impact on the … Continue reading Navigating A Bear Market (Ep.5) →
We live in a world where costs are skyrocketing which we can’t control. But you do have control over if you’re investing in a 401k for your retirement. In this episode, Scott Ferguson discusses how you can use a 401k to your advantage and increase your contributions to save the most for your retirement. Scott … Continue reading How To Make Your 401k As Healthy As Possible (Ep.4) →
At Financial Concepts, it’s not just a one man rodeo. They use a team approach, to give you the best possible service, and put together some of the best financial plans. In this episode, Scott Ferguson walks you through the process you would go through if you were a client. He discusses the importance of … Continue reading What to Expect When Working With Financial Concepts With Scott Ferguson (Ep.3) →
Reaching out to a financial advisor for help with your financial planning might seem intimidating. Don’t stress about digging into your past financial decisions, your financial advisor is not going to judge. They are just trying to see what situation you are in currently to be able to start looking ahead at a plan for … Continue reading A Look Into The Financial Concepts Planning Process With Scott Ferguson (Ep.2) →
Retirement can be a scary thing when you’ve gone from working day in and day out for your entire life. We help you figure out all those different parts and pieces to the puzzle for folks on all different ends of the spectrum. Welcome to The Financial Concepts Podcast: We Plan Retirement with Scott and … Continue reading Meet Your Host, Scott Ferguson (Ep.1) →