The JP Money Podcast: Recent Episodes
Jordan Parks
I'm your host of JP Money Podcast, Jordan Parks, and this show discusses basic personal finance concepts and the management of household finances. This is NOT financial advice, it is simply a tool to learn more about financial matters. You should consult a certified financial advisor when making your decisions. I'll talk about the ups and downs of my ongoing journey toward living a fulfilling life and maximizing personal finance decisions. Please leave a positive review if you enjoy the discussions!
Twitter: @TheJPMoneyShow
Blog: https://medium.com/@parksjor
Thanks for listening to the show. This is not financial advice. You should seek your own financial professionals to review your individual circumstances.
Thank you for listening to the JP Money Podcast! In this episode, I discuss the importance of increasing your income, particularly at a younger age when you have more flexibility for change and future earning potential. Please leave a 5-star review if you enjoy the show!
Disclaimer: This is not financial advice. This show is solely for entertainment purposes. You should have a personal financial professional review your own situation before making any decisions.
Twitter: @TheJPMoneyPodcast
Thanks for listening to the JP Money Show. This is not intended to be financial advice, please consult your own advisor to review your personal situation. Please leave a 5-star review if you enjoy the show!
Twitter: @TheJPMoneyShow
In this episode, I discuss Dave Ramsey's Baby Steps and the "Financial Order of Operations" from the Money Guy Show. Both are great resources that teach people how to handle their finances. Here's a link to their websites:
https://learn.moneyguy.com/financial-order-of-operations-course
https://www.ramseysolutions.com/budgeting/how-to-win-with-money-in-7-easy-baby-steps
Disclaimer: This is not financial advice. You should consult your own financial advisor and accountant to personalize your decisions.
Twitter: @thejpmoneyshow
In this episode, I talk about the basic of economics - the introductory concepts like opportunity cost, scarcity, production possibilities, marginal analysis, and comparative advantage. Enjoy!
Twitter: @thejpmoneyshow
Disclaimer: This is not financial advice. You should seek your own personal financial advisor when making financial decisions.
Thanks for listening to the JP Money Podcast! In this episode, I talk about the pros and cons of hiring a professional financial planner!
Disclaimer: This is not investment advice. You should consult your own personal financial advisor or tax professional to help you with your personal situation to give individualized advice.
Thanks for listening to the JP Money Podcast! Here's a link to the study referenced: https://www.bloomberg.com/news/articles/2019-01-16/here-s-how-quickly-people-ditch-weight-loss-resolutions
Disclaimer: This is not financial advice. Consult a personal financial advisor or accountant to review your personal situation and decisions. Thanks for listening to the show!
Twitter: @TheJPMoneyShow
Merry Christmas 2022! Thanks for listening to the show today. In this episode, I discuss a few year end goals and items to consider as you bring in the New Year. May you have a safe and happy holiday season!
Twitter: @TheJPMoneyShow
Disclaimer: This episode is not financial advice. You should consult a professional financial advisor to help you make individualized decisions.
Clarification: Be sure to follow all IRS regulations and contribution limits - consult an accountant if you're unsure your maximum allowable contributions. Read more from the IRS here:
https://www.irs.gov/retirement-plans/how-much-salary-can-you-defer-if-youre-eligible-for-more-than-one-retirement-plan
Thanks for listening to The JP Money Podcast. Please leave a 5-star review if you enjoy the show and follow me on Twitter @TheJPMoneyShow ...these episodes are not financial advice, you should consult a personal financial advisor to help you make the best individualized decisions for you!
Thanks for listening to the JP Money Podcast! On this episode, I discuss the importance of generosity, gift giving, quality time with family, and the real reason for the season! Hope you enjoy!
Follow me on Twitter: @TheJPMoneyShow
Thanks for listening to The JP Money Podcast! In today's episode, I talk about some of the pros and cons of using debt as a tool to build wealth, and how monitoring your credit score might be a good idea in this rising interest rate environment, along with how it is calculated. Enjoy!
Twitter: @TheJPMoneyShow
Thanks for listening to the show! Leave a positive review if you enjoy it and learn from it!
Twitter: @TheJpMoneyShow
Jessica's Website: MakeMoneyWorkHard.com
Thanks for listening to the show!
Follow me on Twitter @TheJPMoneyShow - I appreciate you taking the time to listen!
Teacher Retention Documentary: https://www.youtube.com/watch?v=o7FhJ_KA0lM
Thanks for listening to The JP Money Show. Reach out to me on Twitter if you'd like! Share this episode and leave a review if you enjoyed it!
@TheJPMoneyShow
What's going on JP Money listeners! Thanks for listening to the show today, please leave a 5 star review and subscribe if you like the show. On today's episode, I talk about 8 different ways to cut costs efficiently to help open up room in your budget to invest or put that money to work. This will help make sure you're not wondering where all your money went at the end of the month, and help you to develop a clear plan. Enjoy!
Twitter: @TheJPMoneyShow
Book Mentioned: Brian Feroldi "Why Does the Stock Market Always Go Up"
https://www.amazon.com/Why-Does-Stock-Market-Everything-ebook/dp/B09NQQKZ9G/ref=sr_1_1?crid=3IB2J4E5QXYJH&keywords=why+does+the+stock+market+always+go+up&qid=1662818375&sprefix=why+does+the+stock+market+always+go+up%2Caps%2C480&sr=8-1
In this episode of The JP Money Podcast, I team up with Jessica Parks of MakeMoneyWorkHard.com to discuss the benefits of supercharging your Health Savings Account. As usual, I discuss the importance of decisions early in life and the compounding impact they have in the last couple decades of life. Enjoy the show! Please follow and subscribe!
Twitter: @TheJPMoneyShow
HSA Qualified Expenses: https://www.hsabank.com/hsabank/learning-center/irs-qualified-medical-expenses
We are once again visited at The JP Money Podcast by a close friend of the show, Mr. Daniel Bohannon. Dan has a stately reputation for teaching in the mathematics department at one of the top rated high schools in Michigan, in addition to teaching physical education and health. In this episode, Dan shares his investment strategies, and how he's been able to deploy capital in various new projects and life goals such as building a home. We talk specifically about Dan's uncanny ability to work with other people and share details about how to get started with investing and opening that first investment account. We appreciate him coming on the show to share his passions and knowledge!
Twitter: @TheJPMoneyShow
In this episode, your host of the JP Money Podcast, Jordan, breaks down different mindsets and variables that lead to becoming a millionaire. He walks you through things to consider no matter where you're at in your financial journey. Thanks for listening!
"Quit Like a Millionaire" by Kristy Shen https://www.amazon.com/dp/B07VY2F271/ref=dp-kindle-redirect?_encoding=UTF8&btkr=1
"Shoe Dog" by Phil Knight https://www.amazon.com/Shoe-Dog-Memoir-Creator-Nike-ebook/dp/B0176M1A44
Business Insider Article Referenced in the Show: https://www.businessinsider.com/personal-finance/average-american-net-worth
Twitter: @TheJPMoneyShow
In this episode on the JP Money Podcast, we're going to talk about how a fun side job turned into a full time career and how supplementary income turned into full time income with a Division I men's basketball referee, Mr. Jeff Spedoske (or as his contemporaries call him, Spud). Jeff has a few decades worth of experience officiating multiple sports, and has most recently excelled through officiating Division One men's basketball. We talk about some of the skills and characteristics Jeff finds consistent among eager young referees, and tells us a little bit about the nature of the job. If you like sports, this is a MUST listen. Please subscribe and leave a 5 Star Rating or Review if you like the show. Enjoy!
Sign Up To Referee (in Michigan): mhsaa.com Click "Become an Official"
Amazon Link (non-affiliate) "A Prayer for Owen Meany": https://www.amazon.com/Prayer-Owen-Meany-John-Irving/dp/006220422X
Twitter: @TheJPMoneyShow
In this episode, my guest interviewee is Mike Vilona, an Assistant Principal near Dallas, Texas. Mike has been a history and social studies educator for eight years, and has taught in multiple states, before recently moving up to administration. Mike hasn't followed the "safe" path to adulthood ...he has set out on a journey to carve his own path in this life and it's paid wonderful dividends for him. It's an honor to have him on the show. I sincerely hope you enjoy!
Teaching Retention Detroit Public Television (feat. your host, Jordan Parks): https://www.youtube.com/watch?v=1-uOGGqpPoo
Follow me on Twitter @TheJPMoneyShow
In this episode, Mr. Bohannon of Plymouth, Michigan breaks down his financial decisions in purchasing his first home with his wife, and then recently building a house in down the road from his in-laws. He talks through the different financial decisions that went into these crucial decisions, and explains why having the proper financial framework in place prior to owning a home can help you be successful. The construction of his new home should be wrapping up in the next couple of months (by the start of 2023), and he shares many personal details about the home buying process.
Thanks for the listening to The JP Money show.
@TheJPMoneyShow
Thank you for listening to The JP Money Podcast! If you like this episode, please leave a 5-star review and subscribe. In this episode, your host Jordan Parks breaks down what social security is, and why you should understand the program and potentially include it in your financial calculations. Check out the blog post on this same topic for additional information: https://medium.com/@parksjor/social-security-benefits-3a6f57a759d9
Follow me on Twitter: @TheJPMoneyShow
Works Cited: ssa.gov, movie-sounds.org
In today's episode of The JP Monday Podcast, we meet with esteemed guest speaker Mr. Dan Bohannon, a fellow teacher, friend, and mentor in the world of finance and relationships. In this episode, we discuss the importance of being surrounded by people who build you up and help you meet your goals, rather than people who make you feel small and unimportant. We talk about mentorship and the continuing pursuit of excellent in life, relationships, and money. He teaches high school mathematics, physical education, and health in a school that's consistently won awards for academic excellence on the east side of Michigan. Enjoy!
Bankrate Compound Interest Calculator mentioned by Dan in the Episode: https://www.bankrate.com/banking/savings/compound-savings-calculator/
Follow me on Twitter: @TheJPMoneyShow
Today's episode "Conscientious Spending" is about practicing the habit of spending money on your financial journey. If you're like me, and you know the power of compound interest, it's hard sometimes to "spend" money rather than sticking it all away into investment accounts. However, there's a large swath of folks that get into their retirement years and haven't developed the skill of actually spending their money, or accumulated enough hobbies and they don't know how to spend their time or their money. This episode is about how, and why, to spend money throughout your journey.
Please leave a 5-star review if you enjoy the show! Thank you for listening!
Ramit Sethi: https://www.amazon.com/Will-Teach-You-Be-Rich/dp/0761147489
Morgan Housel: https://www.amazon.com/Psychology-Money-Timeless-lessons-happiness-ebook/dp/B084HJSJJ2/ref=sr_1_1?keywords=morgan+housel+psychology+of+money&qid=1657716536&sr=8-1
Follow me on Twitter: @thejpmoneyshow
Check out my blog on medium: https://medium.com/@parksjor
In this episode, I break down the importance of understanding Compound Interest and the Time Value of Money. These concepts are sparsely taught in schools, or perhaps just not remembered as they sometimes feel less important to teenagers, or they don't have an income yet to make it work for them. Here's a recent blog post on the topic:
https://medium.com/@parksjor/the-importance-of-investing-and-compound-interest-68efd28b9096
Visit Carl's Supermarket and shop local! https://carlssupermarkets.com/ The Nashville, MI location is fabulous! High quality meat and produce.
Follow me on Twitter: @TheJPMoneyShow
In this episode, Jordan teams up with guest Jessica Parks (of makemoneyworkhard.com) once again to cover the importance of healthy financial talks with your spouse or significant others. They discuss strategies that have worked well for them, ranging from small and quick decisions like monthly budgeting or calculating net worth, to large ones such as buying a home or getting a second degree. Thanks for listening, please follow The JP Money Podcast and give a 5-star review if you like it!
Big thanks for the sound effects provided by movie-sounds.org and 101soundboards.com.
Follow me on Twitter: @TheJPMoneyShow
In this episode of The JP Money Podcast, I discuss the U.S. tax brackets and why understanding taxes is an important piece to generating long term wealth. Taxes are perhaps the largest expense we pay over the course of our lifetimes, and yet it's one of the least understood barriers to growing out income.
If you like the show, please leave a 5-star review and subscribe!
Blog on Taxes: https://medium.com/@parksjor/taxes-and-your-paycheck-da74e55586dc
Music Citation: OTE/I'm So Confused/courtesy of www.epidemicsound.com
Follow on Twitter: @TheJPMoneyShow
Disclaimer: This episode is not personal financial advice - you should consult a professional tax or financial advisor to help you make decisions that make the most sense for you.
Thanks for listening to The JP Money Podcast. In this episode, we hear from guest Austin Parks, my little brother, and follow his journey from college into the adult world of working. His story is fascinating and filled with ups and downs - and the constant theme of his success is simply being himself and using his unique skills of communication and relationships to catapult his career earnings.
Follow him on Twitter: @ParkSwish3
Twitter: @TheJPMoneyShow
Referenced Material: Create Forever Teammates by Pat Touhey
https://www.amazon.com/Create-Forever-Teammates-Connections-Relationships-ebook/dp/B09N6S8FBG
In this episode, I talk about the simple ways to begin investing and important concepts to understand, so you feel confident and prepared to get started. The biggest obstacle to investing is GETTING STARTED, which is much more important than all of the other noise and decisions related to investing (which is important too - but not as important as getting started). Thank you for listening!
Blog: https://medium.com/@parksjor
Twitter: @TheJPMoneyShow
In this episode of The JP Money Podcast, your host Jordan speaks about financial items to consider when deciding on your first job offer. His guest speaker, Jessica Parks (of the financial website, www.makemoneyworkhard.com), helps break down things people should think about as they weight their first job offer.
Follow Jordan's blog at https://medium.com/@parksjor
Twitter: @TheJPMoneyShow
In this episode of The JP Money Podcast, I discuss ways to play offense and defense with your financial assets. Additionally, we talk about taking ownership of your life and controlling your finances to set your future self up for success. Please leave a review if you enjoy the episode!
Follow on Twitter: @TheJPMoneyShow
In this episode of the JP Money Podcast, I talk about the importance of dreaming big and share about my own journey, trials and tribulations, in my ongoing pursuit of Financial Independence.
Here's the Blog Post mentioned: https://medium.com/@parksjor/dreaming-big-financial-freedom-b87b47c270de
Works Cited and Material Referenced:
Sound Effects: Free to use compliments of Pixabay.com and Freesound.org
The Last Lecture by Randy Pausch
This episode of The JP Money Podcast discusses the importance of budgeting.
Here's the blog post mentioned:
https://medium.com/@parksjor/budgeting-saving-spending-and-giving-c600485f5ae2
Follow me on Twitter: @TheJPMoneyShow and subscribe to this podcast and leave a positive review!