Stop Spending Money the Wrong Way: 77 Days to Financial Happiness - 186

Your Money, Your Wealth

Realestate, Income, Investing, Personalfinance, 401k, Rothconversion, Retirement, Education, Taxes, Socialsecurity, Personalfinances, Finance, Retirementplanning, Investments, Stocks, Business, Roth, Fiduciary, Ira

2.3 • 681 Ratings

🗓️ 11 September 2018

⏱️ 42 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

HumbleDollar.com's Jonathan Clements (former Wall Street Journal) helps us stop spending money the wrong way and shows us how to enrich our financial lives in just 77 days with his new book, From Here to Financial Happiness. Big Al has 3 things you need to do now if you want to retire in 5 years, and Joe and Al answer your questions: why are there required minimum distributions on employer-sponsored Roth accounts, and can Elizabeth’s husband contribute to his defined benefit pension plan AND his company 401(k)? Transcript and show notes: http://bit.ly/YMYW-186

Transcript

Click on a timestamp to play from that location

0:00.0	Fans of the Your Money Your Wealth TV show, the day you've been waiting for, is finally here.
0:04.5	Season 5 has begun.
0:06.3	Watch the first episode of the season, how the new tax law will affect your retirement at Your Money, Your Wealth.com.
0:13.0	Be sure to subscribe new episodes post every Sunday.
0:16.4	How happy would you say you are?
0:17.7	Would you say you're very happy, pretty happy, or not so happy?
0:20.5	Back in 1972, 30% of Americans described themselves as very happy.
0:24.6	In 2016, exactly the same percentage describe themselves as very happy.
0:29.6	Over the intervening 44-year period, our standard of living more than doubled.
0:33.6	We had twice as much money today as we did 40 years ago, and yet we report
0:38.9	no greater level of happiness. And it's not the money calmed by happiness. It's just that we often
0:43.9	spend it wrong. That is the inimitable Jonathan Clements of Humboldt Dollar.com. And today on your
0:50.4	money, your wealth, Jonathan is going to help us stop spending money the wrong way
0:54.5	and show us how to enrich our financial lives in just 77 days with his new book
0:59.5	from here to financial happiness. Plus, Big Al's got three things you need to do right now if you
1:04.8	want to retire in five years, and Joe and Al answer your questions. Why are there required
1:10.0	minimum distributions on employer-sponsored Roth accounts, and can Elizabeth's
1:14.1	husband contribute to his defined benefit pension plan and his company 401K?
1:19.6	But first, let's see if I can help Joe pronounce our esteemed guest's name correctly.
1:24.6	I'm doubtful.
1:25.6	Here are Joe Anderson's CFP and Big Al Clopine CPA. We got our good friend
1:30.9	Jonathan Clements on again. What? Why are you laughing, Andy? Clements. Well, it's my Minnesota accent.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Your Money, Your Wealth, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Your Money, Your Wealth and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.