Posts tagged beyond budgets
Episode 18 - Turning Dreams into Reality with Values-Based Financial Planning
Episode 18 - Turning Dreams into Reality with Values-Based Financial Planning

Making a life-changing move is never easy, especially when leaving a place you've called home. On this episode of Beyond Budgets®, I share the poignant journey my family and I are undertaking as we transition from the sunny beaches of Florida back to Missouri. 

This episode also presents a comprehensive guide to values-based financial planning. We dive deep into a six-step process to help you achieve financial goals while staying true to your core values. From gathering self-knowledge and setting realistic yet ambitious goals to analyzing your financial situation and consulting a financial advisor, you'll find practical advice tailored to larger financial milestones and simpler, more immediate goals. 

Whether you're contemplating a major life change or simply looking to align your finances with your deepest values, this episode offers invaluable insights and inspiration.

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Deb MeyerWorthyNest LLCfamily finance, beyond budgets, life-changing move, faith, family, Florida, Missouri, Values-based financial planning, financial goals, financial advisor, financial milestones, immediate goals, enriching content, major life change, aligning finances, core values, distressing experience, faith community, St. Charles, financial planning process, self-knowledge, goals and objectives, core values assessment, analyzing financial situation, income, expenses, assets, liabilities, retirement, college savings, realistic scenarios, progress tracking, saving, adjusting income, adjusting expenses, thank you, show notes, links, preferred podcast app, rating, review, feedbackComment
Episode 17 - Unlocking Financial Freedom with Brian Tibbs
Episode 17 - Unlocking Financial Freedom with Brian Tibbs

Can you truly achieve financial freedom by shifting your mindset? Guest Brian Tibbs, a seasoned real estate investor and author of The HACKER Method, believes you can. Brian shares how the allure of consumerism often leads people astray and how his experiences living overseas offered him a fresh perspective on achieving genuine wealth. In this episode, Deb and Brian unpack the vital differences between consumer and investor mindsets and why the latter is crucial for building long-term financial stability.

Have you heard of the 50-40-10 budgeting strategy? By allocating 50% of your income to essential and enjoyable expenses, 40% to investments, and 10% to charitable giving, this strategy aims to foster financial independence and nurture a sense of social responsibility. We delve into how this budget can help parents like you eliminate large debts, reinvest profits, and positively impact the world.

Taking risks in investing can be daunting, but Brian explains how measured risks in stocks and real estate can lead to substantial long-term gains. Tune in to learn how these actionable steps can help you rethink your financial choices and pave the way toward financial freedom.

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Deb MeyerWorthyNest LLCfamily finance, beyond budgets, financial freedom, wealth, consumer mindset, investor mindset, passive income, budgeting, 50-40-10, charitable giving, measured risk, stocks, real estate, house hacking, diversification, net worth, generosity, social responsibility, financial independence, American dream, consumerism, investmentsComment
Episode 16 - Maximizing Your Business Exit: Retirement Planning for Small Business Owners
Episode 16 - Maximizing Your Business Exit: Retirement Planning for Small Business Owners

Unlock the secrets to a seamless business exit strategy that secures your financial future, as we journey through the pivotal steps of detaching from a business you've nurtured. With my expertise in tax compliance and succession planning, alongside insights from the Exit Planning Institute, this episode arms you with the essential knowledge to gracefully navigate the intersection of retirement and the sale of your small business. From the emotional complexities tied to parting with your enterprise to actionable tactics for aligning your fiscal ambitions with the realities of the market, I've got you covered.

Prepare to empower yourself with a skill set designed to mitigate tax repercussions and enhance your quality of life, while also understanding the critical role of a value advisor in steering your strategy. Whether you're close to retirement or seeking to align your business with your family's financial dreams, this discussion is tailored to help you step confidently into your next chapter with a team of experts guiding the way.

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Deb MeyerWorthyNest LLCfamily finance, beyond budgets, business exit strategy, financial future, tax compliance, succession planning, Exit Planning Institute, retirement, small business, market, value advisor, tax repercussions, post-exit life quality, pizza franchise, financial intricacies, lifestyle transitions, tax implications, charitable giving, wealth manager, financial planner, exit planning teamComment
Episode 15 - Mastering Marital Finances: From Budgeting to Tax Planning
Episode 15 - Mastering Marital Finances: From Budgeting to Tax Planning

Unlock the secrets of financial harmony in marriage with insights from financial experts Deb Meyer and her special guest, Den Murley, a Certified Financial PlannerTM and Certified Financial Behavior Specialist®.  They delve into the dynamic world of couples' finances, shattering the myth of the spender-saver binary and advocating for a stronger foundation of mutual understanding. Discover how to navigate shared versus separate accounts, illuminating the path to financial unity and individual autonomy within a relationship. 

You'll learn to reframe the adage “we can’t afford it” to an enlightening explanation your kids can easily understand.  This journey of self-discovery and communication about money is the key to breaking long-standing negative financial patterns.

This episode is also a strategic conversation on tax planning and retirement. It offers guidance through the current tax landscape and shares tactics for thoughtfully timing income recognition. Join Deb and Den for this comprehensive guide to family financial planning, where managing emotions and creating a legacy take center stage.

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Deb MeyerWorthyNest LLCfamily finance, beyond budgets, financial harmony, marriage, couples finances, communication, mutual understanding, shared accounts, separate accounts, childhood experiences, financial behavior, spending habits, saving habits, legacy, fiscal responsibility, generosity, children, digital world, tax planning, retirement strategy, tax landscape, income recognition, financial planning, emotions, tax strategy, tax projections, tax decisions, future generationsComment
Episode 14 - Retirement Roadmap: Parent Edition
Episode 14 - Retirement Roadmap: Parent Edition

Unlock the secrets of blending family life with financial freedom as we journey through the ever-changing realms of retirement and financial independence.  Explore the personalized paths that lead to a life where work is a choice, not a necessity, and freedom is the ultimate retirement plan.

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Deb MeyerWorthyNest LLCfamily finance, beyond budgets, financial planning, retirement, financial independence, family life, choices, liberty, inspiration, navigating complexity, achieving, savvy savrs, strategic planners, securing, future, work, personal goals, flexibility, Social Security, FIRE movement, challenges, multiple children, unique, marital status, location, housing situation, security, strategies, couples, early retirement, freelance work, work-life balance, aggressive saving, creative management, comfortable lifeComment
Episode 13 - Raising Financially Savvy Kids with Clifton Corbin
Episode 13 - Raising Financially Savvy Kids with Clifton Corbin

Unlock the secrets to impart essential financial wisdom to your kids with finance guru and author Clifton Corbin. We share a heartfelt journey through Clifton's early fascination with money, his trials with credit card debt, and his evolution into a champion for youth financial literacy. 

Our conversation examines the foundational differences between earning and managing money smartly. It serves as a powerful reminder that teaching financial responsibility is key to preparing children for the economic complexities of the future.

We also discuss the upcoming Raising Generational Wealth virtual summit, which promises a deep well of knowledge for parents dedicated to laying the financial groundwork for their children's prosperous future.

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Deb MeyerWorthyNest LLCfamily finance, beyond budgets, financial literacy, youth, money management, credit card debt, financial responsibility, teaching kids, allowance, intrinsic motivation, extrinsic motivation, investing, wealth building, summit, parenting, children, chores, education, savings, diversification, piggy banks, currency, generational wealthComment
Episode 12 - Mastering Estate Planning: Protecting Your Family's Future
Episode 12 - Mastering Estate Planning: Protecting Your Family's Future

Navigating the legal labyrinth of estate planning can be overwhelming, but the peace of mind it brings is priceless—Deb Meyer has seen the difference firsthand. Through heartfelt anecdotes, Deb unravels why every parent needs to take this act of love seriously, ensuring their children's guardianship and the handling of their affairs are well-examined.

Join her as we delve into the often-overlooked yet essential steps of estate planning, from appointing decision-makers for your health and finances to the intricacies of selecting a guardian for your children. It's not just about wealth; it's about safeguarding your family's future.

This episode isn't just a discussion; it's a treasure trove of actionable insights. Tune in and arm yourself with the knowledge to protect your loved ones for generations to come.

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Deb MeyerWorthyNest LLCbeyond budgets, estate planning, revocable trust, trusts, parents, guardians, probate, legal counsel, financial legacy, estate documents, attorney selection, beneficiary designations, life events, estate plan updates, legal advice, estate planning attorney, estate plan review, estate planning tips, estate planning documents, estate plan, estate planning specialistComment
Episode 11 - Building a Legacy of Fiscal Responsibility with Amanda Teixeira
Episode 11 - Building a Legacy of Fiscal Responsibility with Amanda Teixeira

Unlock the secrets to a unified financial future with Amanda Teixeira from WalletWin, our guide through the tricky territory of family finances. In a heart-to-heart conversation, Amanda and host Deb Meyer discuss:

  • The process of merging bank accounts and viewpoints,

  • How a shared vision is pivotal to a harmonious future

  • Budgeting strategies that respect individual money personalities.

Dive into the world of financial literacy for the younger generation, where allowances and chores become tools for teaching value and responsibility. It's not just about saving and spending; it's about sowing seeds for a generation of financially savvy adults equipped to navigate the economic challenges that lie ahead.

Join us on this journey of transformation, and feel the support of a community cheering you on to financial success.

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Deb MeyerWorthyNest LLCfamily finance, beyond budgets, financial goals, budgeting strategies, financial literacy, teaching kids, debt repayment, money mindset, financial education, allowances, financial stewardship, investment decisions, financial empowerment, Catholic finances, faith and finances, financial community, financial guidance, financial well-beingComment
Episode 10 - Crafting a Savings Strategy for Bold Family Adventures
Episode 10 - Crafting a Savings Strategy for Bold Family Adventures

A moment of clarity can strike at any time—even while sitting in a cubicle, dreaming of distant lands. That’s where our tale begins, as my family turned a dream into a daring three-month odyssey through the heart of Spain, fueled by an ingenious tool: the opportunity fund. 

Our latest podcast episode is laced with a vibrant tapestry of personal anecdotes and practical financial wisdom. We discuss how an opportunity fund can bridge mundane saving and realizing life’s bolder ambitions, inspired by Maslow’s hierarchy of needs. From the cobblestone streets of España to your backyard, discover how you, too, can craft a savings strategy that aims not just to protect but to propel you towards your dreams. There's magic in the meticulous planning that precedes a leap of faith. 

You'll get the inside scoop on why my family trimmed our initial seven-month plan down to three, how we grappled with passport regulations, and the art of stretching our dollars without pinching the fun out of travel. Delving into the specifics, from off-peak flights to public transits in Spain’s bustling cities, this episode isn't just a recount of our adventures—it's a blueprint for any parent looking to transform their relationship with money and adventure. And for those number crunchers among us, I've got a detailed budget breakdown waiting on my website. 

Join me, and let's chart a course to turn the what-ifs into what's next.

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Deb MeyerWorthyNest LLCfamily finance, beyond budgets, opportunity fund, financial wisdom, maslow's hierarchy of needs, extended family travel, Spain, budget planning, adventure, abundance mindset, career transitions, entrepreneurship, employee engagement, personal health, family losses, strategic financial planning, public transit, budget breakdown, travel abroadComment
Episode 9 - Charting Your Course: Family Finance with Jenni Sisson
Episode 9 - Charting Your Course: Family Finance with Jenni Sisson

Join Jenni Sisson, "Mama's Money Map" host and mother of five, as she shares her budgeting blueprints for single-income homes. Dive into the dynamics of household budget management and the transition from homemaker to freelancer. Discover strategies for tackling medical bills through self-advocacy. This episode is a treasure trove of advice for families aiming to achieve financial stability and teach their children about money.

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Deb MeyerWorthyNest LLCfamily finance, beyond budgets, budgeting strategies, medical bills, advocacy, financial responsibility, children, savings, financial education, communication, partnership, healthcare system, financial aid, middle-income families, self-advocacy, proactive, informed, insurance companies, gamifying savings, visual reminders, automation, financial habitsComment
Episode 8 - Borrow Smart: Strategies for Financial Growth
Episode 8 - Borrow Smart: Strategies for Financial Growth

Discover essential strategies for wise debt management and enhance your financial well-being in this solo-hosted episode. We’ll explore how to use borrowing to your advantage, from smart home-buying through understanding interest rates to leveraging student loans for career growth. Learn how to navigate away from auto loans and credit card traps, optimize your credit score, and protect yourself from fraud. This journey into financial freedom is packed with personal insights and actionable tips for savvy spending and investing in your family’s future.

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Deb MeyerWorthyNest LLCfamily finance, beyond budgets, debt management, financial health, borrowing money, mortgages, interest rates, home-buying, education, career advancement, credit scores, credit utilization, payment history, credit report, auto loans, credit card debt, financial freedom, credit freeze, strategic borrowing, debt cycles, depreciation, interest, fraud, financial stability, credit lineComment
Episode 7 - Guiding Parents to Tax Filing Success
Episode 7 - Guiding Parents to Tax Filing Success

Tax season can be a wild ride, especially for parents hustling to maximize their returns. But don't worry; we've got CPA and tax expert Logan Allec on the show today to guide you through the tax maze. In today's chat, we'll tackle the puzzling 1098T forms, share top-notch tips for handling tax papers, and even spill the beans on choosing the best tax software.

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Deb MeyerWorthyNest LLCfamily finance, beyond budgets, tax season, tax documents, tax credits, childcare deductions, tax software, crypto reporting, tax preparation, tax refunds, tax preparer, tax tips, education expenses, tax debt, tax assistance, payroll tax compliance, tax planning, tax professionals, tax wisdom, tax issues, tax obligationsComment
Episode 6 - Building Wealth Through Smart Family Budgeting
Episode 6 - Building Wealth Through Smart Family Budgeting

We'll tackle the dual nature of budgeting—its power as an ally for clear spending and wealth-building and its potential downsides when strictness overshadows life's joys. From the simplicity of the envelope method to the intricacy of detailed budgeting, you'll learn how to craft a life where financial clarity and independence go hand-in-hand with enjoying the fruits of your labor.

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Deb MeyerWorthyNest LLCfamily finance, beyond budgets, family budgeting, financial future, spending plan, wealth-building strategy, fiscal responsibility, detailed budget, budgeting methods, envelope budget, fixed expenses, financial clarity, financial independence, budgeting templates, financial planning, income estimates, payment plans, recurring income, financial control, quality of life, financial pattersComment
Episode 5 - Understanding College Financial Aid with Joe Messinger
Episode 5 - Understanding College Financial Aid with Joe Messinger

Are you a parent of at least one high schooler, feeling overwhelmed by the complexity of college funding? Fear not, friend! Host Deb Meyer and guest Joe Messinger, a fee-only financial planner and college funding expert, provide critical insights into student loans, merit aid, and the true costs of higher education. 

This episode offers a wealth of strategies and valuable insights for families navigating the financial aspect of college. You’ll learn: 

  • How college funding fits into your overall financial plan

  • The nuances of student loans, including federal student loans and parent PLUS loans

  • How top students can secure merit-based aid, especially in small, private colleges

  • New changes to FAFSA, and

  • Differences between CSS Profile and FAFSA when awarding need-based financial aid

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Deb MeyerWorthyNest LLCfamily finance, beyond budgets, college funding, financial planning, student loan debt, rising college costs, financial blueprint, cash flows, merit-based aid, FAFSA, CSS Profile, FAFSA Simplification Act, business models, college scholarships, regional opportunities, reciprocity agreements, discounts, FAFSA changes, institutional method, private schools, expected family contribution, siblings, grandparents, 529 plan, transferring ownership, paying for college, worksheet, outside helpComment
Episode 4 - Education Funding Decoded: A Deep Dive into 529 Plans
Episode 4 - Education Funding Decoded: A Deep Dive into 529 Plans

Unlock the secrets of saving for college and master the intricacies of 529 plans with this insightful podcast. Ensuring your child's future is secure is a top priority, and we're going to guide you through the complicated maze of college savings. You’ll learn:

  • The two main types of 529 plans - savings and prepaid, 

  • Tax benefits of contributions,

  • What to do if there are excess 529 plan funds,

  • How to fund private K-12 expenses, and 

  • Alternatives to college saving plans.

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Deb MeyerWorthyNest LLCfamily finance, beyond budgets, college savings, 529 plans, education, financial obligations, tax advantages, prepaid plans, savings plans, flexibility, investment risks, K-12 private school expenses, funding, tuition costs, career goals, school selection, merit-based aid, special needs ABLE accounts, individual pathComment
Episode 3 - Busting Money Myths with Dr. Sarah Stanley Fallaw
Episode 3 - Busting Money Myths with Dr. Sarah Stanley Fallaw

What if the secret to financial success was less about numbers and more about your mindset? And what if achieving a balance between long-term family financial planning and short-term financial management could be easier than you think? In this third episode of the  Beyond Budgets® podcast, we welcome the remarkable Dr. Sarah Stanley-Fallaw, a personality psychometrics expert and co-author of the intriguing book 'The Next Millionaire Next Door.'

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Deb MeyerWorthyNest LLCfamily finance, beyond budgets, finance, psychology, financial planning, wealth, income, industrial psychology, personality psychometrics, Data Points, technological tools, coaching, social indifference, social media, investing mistakes, Christian stewardship, careers, housing costs, charitable giving, money personalities, retirement attitudesComment