New Money New Problems Podcast

EPISODE RESOURCESSign up to receive our Financial Guide for Stay At Home Spouses!Financial Planning for Stay-at-Home and Lower-Income SpousesIn this episode of the New Money, New Problems podcast, we address the financial challenges and opportunities for stay-at-home and lower-income earning spouses. We cover the importance of financial equity within a relationship, and why both partners need to be equally informed about their financial situation. Key topics include the necessity of having an open conversation about finances, various ownership structures for investment accounts, the significance of proper insurance and beneficiary designations, and the importance of credit management. Tune in to hear tips on how spouses can get more involved in financial planning, ensuring they can navigate periods of loss, disability, or potential divorce with confidence. 00:00 Introduction to Financial Planning for Stay-at-Home Spouses01:43 The Importance of Equal Financial Footing04:59 Steps to Financial Empowerment07:39 Understanding Investment and Insurance Details12:11 Managing Debts and Access Information23:06 Retirement Planning for Stay-at-Home Spouses27:12 Building and Maintaining Credit28:36 Engaging with Financial Professionals30:02 Final Thoughts and ResourcesSupport the show

EPISODE RESOURCESLife Insurance Needs QuestionnaireWhat Is Umbrella Insurance?Goals and Behaviors QuestionnaireTop Sites to Manage Your Finances10 Easy Financial Wins to Start Your New Year RightIn this episode of the New Money, New Problems podcast, we share 10 straightforward financial tips to kickstart 2026. Starting with automation, we explain the benefits of setting up automated transfers for savings and investments. We then cover the importance of things like reviewing and shopping for insurance, defining and structuring emergency funds, planning for financial surpluses and contingencies, scheduling that one financial task you've been putting off. Come hear these financial strategies that help establish better financial habits and achieve their financial goals.00:00 Introduction to Financial Wins02:14 Automate Your Finances06:07 Insurance Essentials09:28 Emergency Reserves Strategy11:17 Beneficiary and Estate Planning12:50 Eliminate Unnecessary Bills15:15 Transparent Financial Conversations18:13 Understanding Your Pay Stub20:05 Setting Financial Alerts23:03 Planning for Surpluses and Contingencies25:58 Taking Action on Financial Goals28:24 Conclusion and Next StepsSupport the show

Reflecting on 2025: Lessons Learned and Highlights from New Money, New ProblemsIn the final episode of 2025, we reflect on the challenges faced during a helluva year.Despite these hardships, we had some fun along the way. This episode revisits key moments, such as Leonard Black's journey from corporate America to franchise ownership, Seth Godin's valuable advice on trading time for meaningful change, and Naseema's story of overcoming limiting beliefs about wealth. Join us for some of our favorite moments from 2025!00:00 Introduction and Reflections on 202501:08 Celebrating Wins and Favorite Moments02:10 Leonard Black's Entrepreneurial Journey05:38 Insights from Seth Godin11:28 Naseema's Wealth Creation Journey15:58 Tony Collier's Financial Wisdom21:26 Looking Forward to 2026EPISODE LINKSToni J. Collier's Money StorySeth Godin on New Money New ProblemsNaseema's Money StoryLeonard's Pivot to EntrepreneurshipSupport the show

EPISODE RESOURCESESLD Guide to Income Driven Repayment PlansSAVE Settlement DetailsNavigating the End of the SAVE Plan: What's Next for Your Student Loans?In this episode we talk the end of the SAVE Repayment plan and explore the implications for borrowers. Find out who benefits from different Income Driven Repayment (IDR) plans and the importance of immediately switching plans for those eligible for forgiveness. Between alternative IDR plan options, changing federal policies, and important deadlines, this episode equips listeners with crucial information to make informed financial decisions regarding their federal student loans.00:53 Impact of the SAVE Repayment Plan Ending03:17 Settlement and Forgiveness Credits Updates06:53 Options for Switching Income Driven Repayment Plans15:55 Urgent Actions for Forgiveness Eligibility21:15 Conclusion and Future UpdatesSupport the show

Not everyone wants to spend their entire day trying to hack their credit card rewards. But that doesn't mean there aren't a few tips you can use to maximize your cards and save money and time.EPISODE RESOURCESTop Credit Card Partner Programshttps://www.forbes.com/advisor/credit-cards/guide-to-major-credit-card-rewards-programs/  01:08 Maintaining Your Credit Score03:54 Optimizing Credit Utilization05:54 Lowering Credit Card Fees08:47 Credit Card Hacks and Offers11:18 Travel Rewards and Perks14:46 Maximizing Travel PointsSupport the show

EPISODE RESOURCESBuy Toni's New BookFrom Trauma to Triumph: The Inspiring Journey of Toni CollierIn this episode we dive deep into the life and money story of Tony Collier. Toni shares her journey from a challenging childhood to building a global ministry that has touched millions. She opens up about her personal traumas, including a very public divorce, and how these experiences have shaped her approach to life, ministry, and financial stability. Toni shares how in spite of her trials, her resilience and entrepreneurial spirit that have helped her rebuild and thrive. She also talks about her new book, 'Don't Try This Alone,' which focuses on the importance of community in the healing process. We hope you enjoy the conversation!01:25 Meet Toni01:42 Toni's Early Life and Challenges07:31 Navigating Adolescence11:00 College Years and Career Aspirations12:04 Entering Ministry14:17 Public and Private Trauma18:16 Healing and New Beginnings21:12 The Power of Vulnerability in Writing22:27 Financial Struggles Amidst Personal Trauma25:16 Rebuilding After Financial Devastation30:21 Childhood Influences on Financial Mindset34:20 Unexpected Benefits of Transparency36:55 Toni's Multifaceted Career and Future Plans37:47 Final Reflections and Personal InsightsSupport the show

Check out this (still relevant) blast from the past!Why the Holidays Are a Bad Time to Discuss Finances with FamilyIn this episode of the New Money, New Problems podcast, we explore why the holiday season may not be the ideal time to discuss finances with family. Drawing from personal experiences and professional insights, we explains the common pitfalls and emotional triggers that can derail these sensitive conversations during family gatherings. Instead, we offer a strategic approach to planning these discussions effectively by separating parties into two camps – the planning generation and the potential beneficiaries – and setting clear parameters and dates for future conversations. This episode aims to provide listeners with tools to navigate these complex financial topics while minimizing conflict and ensuring peace of mind for all family members.00:00 Introduction: Why Holidays Aren't Ideal for Financial Talks00:07 Podcast Overview and Host Introduction00:46 Setting the Scene: Holiday Season and Financial Conversations01:21 Common Financial Advice and Its Limitations02:13 Personal Experiences with Family Financial Discussions03:45 Challenges of Discussing Finances During Holidays04:29 Rethinking Holiday Financial Conversations10:08 Planning for Future Financial Conversations11:26 Steps to Prepare for Financial Talks with Family15:50 Addressing Elder Generations About Financial Planning19:20 Conclusion: Importance of Financial PreparednessSupport the show

EPISODE RESOURCESPrincipal Samuelson's Business Insider FeaturePreparing Children for College and Beyond: A Conversation with Principal Joseph SamuelsonIn this episode, we talk about exposing your kids to different paths, including ones that may NOT lead to college. We're joined by Principal Joseph Samuelson from Upton, Wyoming, who offers unique perspectives on exposing students to various career options, including non-traditional paths. Principal Samuelson details his school’s personalized learning approach, which tailors education to individual student interests and needs, ensuring students are prepared for life after high school. The episode highlights the significance of valuing lifelong learning and adaptability in an ever-changing world.00:00 Introduction: Preparing Your Child for College and Beyond00:48 Reflecting on Past Conversations and Future Prospects01:08 Exploring Alternatives to Traditional College Paths03:02 Introducing Principal Joseph Samuelson04:21 Principal Samuelson's Approach to Personalized Learning04:53 Implementing Non-Traditional Pathways06:58 Balancing College and Career Readiness13:46 Parental Guidance and Future Outlook18:20 Conclusion and Final ThoughtsSupport the show

EPISODE RESOURCESSmart College Buyer PodcastConnect with JackOptimizing Your Child's College Journey with Jack WangIn this episode of the New Money, New Problems podcast, we interview special guest Jack Wang, a financial advisor specializing in college planning. Jack discusses strategies for optimizing your child's journey to college, focusing on how to maximize financial aid and minimize student debt. The conversation covers the importance of aligning extracurricular activities with intended majors, the differences between getting accepted to college and securing financial aid, and the timing of college planning. We also explore the advantages of less well-known but excellent colleges and the factors to consider when choosing schools. This episode is packed with valuable information for parents looking to plan their children's educational futures effectively.00:00 Introduction: Navigating Schooling Costs01:42 Special Guest Introduction: Jack Wang04:06 Jack's Journey into College Aid Specialization06:10 Understanding College Admissions and Aid14:01 Public vs. Private School Strategies24:33 When to Start College Planning30:51 Creating a Realistic College List36:33 Alternative College Options and Financial Strategies42:13 Conclusion and Contact InformationSupport the show

EPISODE RESOURCES2025 Tax Tables and GuidelinesEssential End-of-Year Tax Planning Tips for EmployeesIn this episode, we delve into crucial end-of-year tax planning strategies specifically tailored for W2 employees aiming to optimize their finances before the new year. We cover the importance of proper withholding to prevent unexpected tax bills, highlights the impact of bonuses and equity compensation on taxes, and illustrates how the Social Security bonus can help mitigate underpayments. The episode further explores calendar year vs. tax year deadlines for retirement contributions and employee benefits, along with strategic charitable giving under recent tax law changes.02:22 Understanding Withholding and Its Impact04:14 Strategies for High-Income Earners07:23 Social Security Bonus and Tax Benefits13:11 Maximizing Charitable Contributions18:03 Filling Up Lower Tax Brackets20:33 The Importance of Professional Tax HelpSupport the show