Wealth Unplugged

Seasoned financial planner Maggie Klokkenga shares insights on retirement planning, cash flow, and the impact of childhood experiences on financial habits. She offers practical tips on managing expenses, tracking spending, and understanding money scripts. The podcast explores the challenges of entrepreneurship and emphasizes the importance of patience and faith in financial planning.

“One of the classic examples is ‘if you want to be wealthy, you have to cut out your Starbucks habit.’ It's just an oversimplification of a much larger problem and the reality is, no one ever got rich by quitting Starbucks.”Fellow Financial Planner Adam Van Wie sits down with our host Joey Loss to debunk the ‘Starbucks myth’ (and so many more) and shares a treasure trove of wisdom for those looking to future-proof their finances! Together, Adam and Joey peel back the layers of financial planning, discussing how it’s not about mere cost-cutting, but aligning your spending with deeply held values for a truly fulfilling life.The recent global upheaval has us all reexamining our spending habits, often forcing us to make choices that veer off course from the future we’ve planned for ourselves. Adam underscores the importance of financial advisors as navigators, helping to steer through the choppy waters of impulsive, often meaningless spending and align financial decisions with life goals. Joey and Adam carve through the noise of social media's financial "hacks" and highlight why a proactive approach to cash flow and tax strategy is more than just smart—it's essential.Adam and Joey speak to the newer investors making their first bold strides in the investment world. They explore why a dash of conservatism in investment choices can be a golden move for short-term objectives and why life insurance is a keystone in the architecture of a sound financial plan!Key Topics:How Adam got into Financial Planning (01:45)“Money is Just a Tool, Not the Object of Wealth Planning.” (5:22)Avoiding Buyer’s Remorse (14:20)“Most Financial Arguments, Especially on Twitter, Are Just People with Different Time Horizons Talking Over One Another.” (16:32)“You Can’t Consistently Outspend Your Income And Build Wealth At The Same Time.” (18:50)Why Time Horizons are so Important in Financial Planning (22:23)Pre-Tax Versus Roth IRA (29:13)How Young People Can Better Prioritize Their Finances (32:41)Investing When You Have Little Money (37:04)The Importance of Life Insurance (39:02)Why Young People Should Consider Speaking With a Financial Planner Early On (42:19)Resources:Van Wie FinancialThis podcast is brought to you by Joey Loss, CFP®, Adam Van Wie, CFP®, and Strivus Wealth Partners. Through Strivus, Joey and Adam provide financial planning and investment management services to clients across the country from their home base in Jacksonville Beach, Florida. You can find show notes and transcript of the conversations here: Strivus Wealth - Wealth Unplugged. Follow Joey & Strivus on Social Media: Instagram LinkedIn Twitter (X) Read our audio, video, and written content disclaimer here.

“I also know that you're working really hard because you want to take care of your family and you're building this business that you love. So those things all make it fine. But it's just an adjustment. And, communication between you and I, throughout the whole thing has been key.”My wife, Elizabeth, and I open up about the rollercoaster of emotions and challenges we've faced over the past two years—from meeting through a dating app, to the leap of faith in starting my business, Flow Financial, to the arrival of our daughter, Ellis.Listen in as we look into the complexities of juggling a new business with a growing family. We talk about how downsizing our income and lifestyle not only tested but ultimately strengthened our bond and found that dialing back on excess, like our second car, bought us more time to do what we believed mattered most.Wrapping up, we look back at the challenges I faced in marketing Flow Financial and how Elizabeth bridged that huge gap in my skill set and took the company to heights I never expected it to reach in such a short time!Key Topics:Elizabeth’s Take on the Journey of Flow Financial (04:15)Compromises in the Day-To-Day and Scaling Lifestyle (9:12)Combining Incomes (15:16)Toughest Challenges so Far (20:21)Deciding How Much to Outsource (24:00)Why Making Decisions as a Team is so Important (27:12)Our Closing Thoughts (30:18)This podcast is brought to you by Joey Loss, CFP®, Adam Van Wie, CFP®, and Strivus Wealth Partners. Through Strivus, Joey and Adam provide financial planning and investment management services to clients across the country from their home base in Jacksonville Beach, Florida. You can find show notes and transcript of the conversations here: Strivus Wealth - Wealth Unplugged. Follow Joey & Strivus on Social Media: Instagram LinkedIn Twitter (X) Read our audio, video, and written content disclaimer here.

"Those earliest experiences around money, we may not even consciously remember them, but they definitely can be driving decisions, both for ourselves and how we interact with partners."In marriage, money can often feel like a taboo topic. Financial Therapist Ed Coambs, host of the Healthy Love & Money Podcast, joins our host, Financial Planner Joey Loss, to unravel the emotional tapestry woven by our childhood experiences with money, revealing how those experiences impact our adult relationships for better or worse.Listen in as Ed demystifies the emotional minefield that can appear when love and money mix, encouraging partners to embrace the power of open communication and empathetic understanding as a starting point to greater financial maturity. Ed brings attachment theory into the conversation, explaining how your particular attachment style shapes your emotional tendencies when discussing money. He offers practical, heart-centered advice for couples looking to bridge divides and construct a shared financial vision that's more about “we” and less about “me.”To Ed, a negative relationship with money is always rooted in past hurts and relational trust issues. Joey and Ed discuss the importance of empathy and curiosity in better understanding our partner's financial roadblocks and how that understanding can change our interactions from merely transactional to more purposeful.Key Topics:What Clients Really Want From Their Financial Advisors (01:00)How Younger Experiences Impact Behavior Towards Money As We Get Older (7:35)What Does Financial Responsibility Actually Look Like? (13:32)How To Use Attachment Theory To Explain (And Resolve) Financial Conflict (18:57)Growing Emotionally Through Mature Relationships (28:26)Should We Combine Household Incomes Or Keep Them Separate? (32:02)Financial Maturity As A Lifelong Journey (37:14)Money Dialects (41:02)Resources:Healthy Love and Money: The Couples Guide to Financial IntimacyEd on LinkedIn and InstagramThis podcast is brought to you by Joey Loss, CFP®, Adam Van Wie, CFP®, and Strivus Wealth Partners. Through Strivus, Joey and Adam provide financial planning and investment management services to clients across the country from their home base in Jacksonville Beach, Florida. You can find show notes and transcript of the conversations here: Strivus Wealth - Wealth Unplugged. Follow Joey & Strivus on Social Media: Instagram LinkedIn Twitter (X) Read our audio, video, and written content disclaimer here.

"Financial success and a meaningful relationship with money are not as simple as always doing the financially optimal thing at the financially opportune time."Unlock the pathways to a richer life, where wealth goes far beyond numbers and nest eggs. Our host, Certified Financial Planner Joey Loss takes us on an enlightening exploration of money's multifaceted role in our daily existence.  Wealth Unplugged dives so much deeper than financial "how-to's" or tricks and tips. Joey delivers transformational stories and insights that resonate at the core of who we are. Let's redefine what wealth means, appreciating it as an essential tool that, when wielded with wisdom, shapes our lives, relationships, and legacies.Follow Wealth Unplugged and join a community committed to navigating the rich, complex, and often emotional landscape of personal finance.This podcast is brought to you by Joey Loss, CFP®, Adam Van Wie, CFP®, and Strivus Wealth Partners. Through Strivus, Joey and Adam provide financial planning and investment management services to clients across the country from their home base in Jacksonville Beach, Florida. You can find show notes and transcript of the conversations here: Strivus Wealth - Wealth Unplugged. Follow Joey & Strivus on Social Media: Instagram LinkedIn Twitter (X) Read our audio, video, and written content disclaimer here.