Financial Freedom Podcast

Financial Freedom Podcast

financialfreedom.libsyn.com/podcast
A semi-monthly podcast that brings you advice and interviews with experts on various important topics to help you make better and smarter financial decisions in order to improve or maintain your financial situation.


88: Should You Get the Apple Credit Card
Sep 13 • 24 min
June was that they were issuing their own credit card, in partnership with Goldman Sachs. Lots of great features were detailed, and a sleek, modern design for the card was revealed. But now that the card is generally available in the United States,…
87: 5 Lies People Tell Themselves About Debt
Aug 23 • 18 min
Being in financial difficulty is stressful. You have debt that you can’t pay, you keep getting letters and phone calls demanding money you don’t have, and court officers are standing at your door to serve you with lawsuits. This can really weigh…
86: Quitting Like a Millionaire with Kristy Shen & Bryce Leung
Aug 9 • 44 min
Anyone who wishes to achieve financial independence needs to start taking the appropriate steps as soon as possible. The earlier in your life you start, the sooner you will reach a point where you no longer need a paycheck. That’s when you know you…
85: The Case for Home Ownership
Jul 26 • 28 min
Home ownership has always been the “American Dream.” It gave people a financial goal to work towards, saving their money for a downpayment and getting their credit up to where they could qualify for a mortgage. Lately, though, the Millennial Generation…
84: The Case For and Against Credit Cards
Jul 12 • 19 min
Most people that come to me for bankruptcy do so because of credit card debt. The totals can run from the tens- to the hundreds of thousands of dollars. Credit card debt can certainly prevent you from having financial freedom. But are credit cards, in and…
83: Tips on Graduating to the Real World
Jun 28 • 25 min
Graduating from college or university is a momentous occasion. You’ve made it! You’re ready to go out into the real world! But this occasion brings with it new challenges that you’ll have to face, like finding a job and figuring out how to pay your…
82: 8 Habits That Can Hurt Your Financial Freedom
Jun 14 • 25 min
We all fall into some bad habits at one time or another, and it can be difficult to get out of them. But sometimes those bad habits can have lasting effects on your life and can affect your financial freedom. They can get in the way of your saving money…
81: Choosing the Right Financial Products
May 24 • 32 min
To complete any project, you need the right tools. It’s no different when you’re trying to establish and maintain financial freedom. For that you need the financial products that line up with your needs, priorities, and goals. That’s why I talk about how…
80: Health Savings Accounts and the Affordable Care Act
May 10 • 18 min
Even with the Affordable Care Act, many people struggle with the cost of health insurance. 20-somethings are less likely to need healthcare than those over 40, but when they need it, it can be beyond reach without insurance. But how does a young adult…
79: Tips on Finding a Better Job
Apr 26 • 24 min
A key part of financial freedom is having a job you love that provides you with an income that lets you have the lifestyle you want while still saving and investing for the future. But what if you don’t have that job right now? What if you’re in a…
78: Leveling Up Your Money with Erin Lowry
Apr 12 • 43 min
When it comes to investing for retirement, the earlier you start the better. People that start in their 20s, rather than their 30s, or 40s, give their money more time to grow and therefore have the best chance at financial freedom. No one knows personal…
77: Finding Your “Why” with Ross Stryker
Mar 29 • 32 min
Before finding financial freedom, you must understand what that term means to you, as it’s different for everyone. It can depend on your financial goals, both now and in the future. Do you want to retire or keep working? Do you want to travel? The…
76: Downsizing Your Home in Retirement with SeniorTopians Julie & Jeri
Mar 15 • 60 min
For those in their 50s and early 60s, planning for retirement has a different feel. Rather than saving for it, it’s figuring out its implementation. A lot of decisions have to be made, including the downsizing of your home. That’s why I talk to Jeri…
75: Common Investing & Financial Planning Pitfalls with Lorraine Ell
Mar 1 • 35 min
Financial planning and a good investment strategy are key to achieving financial freedom in retirement. But many people start off with no clear idea of what they are doing, which can really derail the train soon after it leaves the station. Out of…
74: A Discussion with Chelsea Fagan of the Financial Diet
Feb 15 • 34 min
Getting your financial house in order means cutting down on spending, living within your means, and staying within a budget. In many ways, this is like a diet, but instead of cutting calories, you’re cutting spending, and instead of eating the right…
73: Understanding How Credit and Credit Scores Work
Jan 25 • 34 min
A big part of attaining financial freedom is establishing a good credit score. It can make the difference in whether you get a loan and the interest rate that you will pay. It can also decide whether you will get a particular job or affordable car…
72: Choosing the Right Budget for You
Jan 11 • 27 min
Starting a new year means starting fresh. One popular new year’s resolution is getting one’s financial house in order. The first step though is to have a budget, but is there more than one kind, and if so, what are they and which one is best for me? That…
71: Ty Crandall on Establishing and Getting Business Credit
Dec 28, 2018 • 43 min
Many people have thought about starting a business, but don’t have the money to do so. Others may need money to solve a cash flow problem or fund an expansion. But how do you get credit and loans? Not proceeding properly and thoughtfully can seriously…
70: A Discussion with Erin Lowry of Broke Millennial
Dec 14, 2018 • 44 min
With any goal in life, the sooner you start working towards it the better. That’s true of attaining financial freedom, as habits established while young tend to stick with you. Saving for retirement is easier if you start doing so as soon as possible.…
69: How to Keep Holiday Shopping Under Control
Nov 30, 2018 • 14 min
Santa Claus came to town in the Macy’s Thanksgiving Day Parade, and the holiday season has officially begun! But this season can be treacherous from a financial standpoint if you don’t keep a tight rein on the spending. No matter what holiday you…
68: Appealing Your NJ Real Estate Taxes
Nov 16, 2018 • 29 min
NJ has the 9th highest tax burden in the country, with a total burden of 10.02%, with over half of it (5.12%) going to property taxes. Only Vermont edges out NJ in property tax burden at 5.2%, making our state the 2nd highest in the country! With this in…
67: Facing the Dreaded FAFSA
Oct 26, 2018 • 22 min
Having a smart and affordable strategy for financial aid is critical to starting off on the right financial foot upon graduation. Getting it wrong can mean living with crushing student loan debt. The first step is the completion and submission of the Free…
66: The Art of Asking for a Raise
Oct 12, 2018 • 12 min
Increasing income is key to maintaining financial freedom. It not only allows you to pay living expenses that are increasing with inflation, but it also makes saving for retirement and special life events that much easier. Sometimes the only way to get a…
65: Payday, Title & Pension Loans
Sep 28, 2018 • 15 min
People with bad credit, living paycheck to paycheck, often find themselves with few options when unexpected expenses crop up. As a result, they become desperate for a way to pay the bills. Three of the options they turn to are payday loans, car title…
64: Getting the Right Insurance for When You Volunteer
Sep 14, 2018 • 36 min
Many people get involved in activities outside our jobs. We volunteer for organizations or we coach our child’s sports team. But did you know that being involved in those activities could possibly get you sued? Having to pay for a lawyer (and possibly…
63: Are Reverse Mortgages for You?
Aug 31, 2018 • 18 min
People heading into retirement often discover they don’t have enough money set aside for expenses. Or they may need to pay down debt. They need the cash to pay the debt, but don’t have they money in their budget. This is where a reverse mortgage may be…
62: Tips for Preventing Identity Theft
Aug 17, 2018 • 31 min
One of the things that can happen that can threaten your financial freedom is if your identity is stolen. According to the company LifeLock, nearly 15 million consumers experienced identity theft in 2017, and early 60 million Americans have been affected…
61: Discharging Student Loans Outside Bankruptcy
Jul 29, 2018 • 14 min
When people who are struggling with student loans look to ways to get rid of them, they assume that bankruptcy is the only option. Then they are told the myth that student loans can’t be discharged in bankruptcy and think that there is nothing they…
60: Repaying Parent PLUS Student Loans
Jul 13, 2018 • 25 min
Most of what you read online about student loans tends to focus on struggling college graduates who can’t repay their debt. But what about their parents? We hardly ever hear about the moms and dads stuck repaying Parent PLUS Loans for children that they…
59: The Effect of Traffic Tickets on NJ CDLs
Jun 29, 2018 • 20 min
If you have a commercial driver’s license here in NJ you probably drive for a living. Therefore, any threat to that license is a threat to your livelihood and your financial stability. You don’t want it suspended or revoked permanently because of a…
58: Tips on Saving for Retirement
Jun 15, 2018 • 22 min
According to CNNMoney, more than half of all Americans are not prepared for retirement! This may be because they don’t think they have the ability to plan and save for this, or they’ve been putting it off. Having a good retirement plan is critical to…
57: Criminal Expungements in New Jersey
May 25, 2018 • 31 min
One of the biggest obstacles to financial success and freedom can be a criminal record. It can prevent you from getting a better paying job, a security clearance, or a gun permit. But that doesn’t have to be the case! New Jersey provides a mechanism and…
56: Cybersecurity Insurance for Your Business
May 11, 2018 • 30 min
Technology can be a great equalizer when it comes to allowing small businesses to compete with the large corporations. Cloud based products like Microsoft’s Office 365 and Google’s G-Suite offer complex technology infrastructure that delivers high…
55: NJ Veteran’s Diversionary Program
Apr 27, 2018 • 22 min
Those that serve our country in the military make extraordinary sacrifices in their lives and those of their families. Many come home with physical injuries and disabilities. Others come home whole physically, but bear scars that no one can see. These…
54: Tips on Getting the Most for Your NJ Home
Apr 13, 2018 • 39 min
The biggest asset most people have is their home, so if they decide to sell it, they want to make sure that they get the most they can in price. This can be particularly important if they still owe a lot on the mortgage or mortgages. But the real…
53: Latest News on Student Loans & Credit Scores
Mar 30, 2018 • 19 min
There have been some developments in the past several months regarding your credit and your student loans if you have them. When these sorts of developments are released, it is important that people find out about it. I am starting a new feature where I…
52: Discharging Student Loans in a NJ Bankruptcy
Mar 16, 2018 • 23 min
Student loans continue to be in crisis in this country, with debt over $1 trillion nationally. Naturally, people with these loans are looking for a solution to their problem. Unfortunately, many of them are automatically eliminating one of them based…
51: Do’s & Don’ts for Refinancing Student Loans
Mar 2, 2018 • 20 min
Student loan debt continues to be a problem in this country with over $1 trillion owed nationally. In the face of this, there have been a lot of ads lately, as well as articles on the web, that tout refinancing of your student loans as a solution. While…
50: Dealing with Driving While Suspended Tickets in NJ
Feb 16, 2018 • 23 min
Any threat to your employment is a threat to your income and financial freedom. One example of this is your driver’s license being suspended, thus causing a problem with getting to and from your job. Getting caught driving while suspended, because you…
49: Staying Out of Jail in NJ Traffic Court
Jan 26, 2018 • 24 min
Traffic violations in New Jersey can have a serious effect on your financial freedom, depending on the seriousness. Not only can the fines and surcharges be significant, but they can also lead to jail time! This is also true of minor criminal charges,…
48: Budgeting for 2018 – The First 3 Months Are the Hardest
Jan 12, 2018 • 14 min
In the previous episode of the podcast, I talked about getting ready for 2018 by formulating a budget and goals for the coming year. This is critical to financial freedom and should be done every year, preferably in December. But for most of you,…
47: Preparing Your 2018 Budget
Dec 29, 2017 • 28 min
A household budget is a critical and basic part of any plan for financial freedom. It’s the foundation on which everything else is built. But a budget is not something that you set and forget. You must review and revise it regularly, so that it continues…
46: Student Loans Under the 2017 Proposed Tax Bills
Dec 15, 2017 • 20 min
One of the biggest news stories right now has to do with the tax reform bills that have been passed in Congress. They make sweeping reforms to many areas of the tax code, and each version has some differences. But as a student loan lawyer, I am most…
45: Planning an Affordable Holiday Shopping Season
Dec 1, 2017 • 19 min
Whether you celebrate Christmas, Chanukah, or some other holiday, the “season of giving” can be the biggest budget buster of them all. A “spirit of giving” is a wonderful thing, but there are practical, financial limits that should not be ignored, or it…
44: Using WELA to Create a Financial Plan
Nov 17, 2017 • 18 min
I have discussed in previous episodes of the podcast about the importance of having a short term and long-term financial strategy. The former is accomplished by a budget and the discipline to keep track of expenses and keep within the limits of that…
43: Losing Your Job in Traffic Court
Oct 27, 2017 • 19 min
In most instances, pleading guilty or being found guilty of a disorderly, or petty disorderly, person’s offense (New Jersey’s equivalent of a misdemeanor) is bad enough, with the fines, costs, and sometimes jail time. But there are some things…
42: Using a 529 Plan to Save for Your Children’s Education
Oct 13, 2017 • 12 min
Just about everyone knows these days that student loan debt is a real crisis in this country. But there is a way for you, as their parents, to ease that burden. The federal tax code has created tax incentives for contributing to a college fund. It can…
41 - The Advantages of Using a Credit Union
Sep 29, 2017 • 13 min
Achieving and maintaining financial freedom involves making the right decisions about your finances. It’s about choosing the right mortgage with the lowest interest rate, deciding with each purchase whether you want or need that item or service, and…
40 - Diversionary Programs in Traffic Court
Sep 15, 2017 • 10 min
A lot of people do that one stupid thing in their lives that they’re not proud of. It’s that youthful indiscretion, that one brush with the law encountered by that otherwise law abiding citizen. Sometimes it’s that joint in your pocket or your…
39: Knowing Whom to Turn to for Credit Help
Aug 25, 2017 • 25 min
A person’s credit score is becoming more and more important, as it is used for more and more things. Now, it is not only key to getting a mortgage or a car loan, but to renting an apartment or getting insurance! There are lots of web sites out there…
38: Removing Points from Your NJ Driver’s License
Aug 11, 2017 • 15 min
In New Jersey, when it comes to traffic tickets, the fines and other costs or consequences that you might incur are often not the end of the story. There are the points on your driving record as well. Although unlike other states, New Jersey doesn’t…
37: The Importance of Having an Independent Insurance Agent
Jul 27, 2017 • 26 min
A key part of achieving and maintaining financial freedom is having the right insurance coverage. A loss that would otherwise have been covered by a policy can be devastating to your finances! In order to be sure that you have the right coverage at…
36: Putting Your New Financial Mindset to Work Long Term
Jul 14, 2017 • 23 min
In episodes 34 & 35 of the podcast I talked about forming the right mindset to achieving financial freedom, and then how you can implement that mindset today to get you to your goal. In this episode I am going to talk about tips that are more…
35: Putting Your New Financial Mindset to Work Now
Jun 30, 2017 • 28 min
In Episode #34, I talked about forming the right mindset for establishing financial freedom. You have to have the right approach and attitude first before trying to implement the steps necessary to reach your goal. So in this episode, I talk about what…
34: Changing Your Financial Mindset
Jun 16, 2017 • 21 min
Attaining and maintaining financial freedom is a matter of habit and mindset. Having the right outlook and attitude about your finances, and then reinforcing it through the establishment of certain habits. That is why I am doing a series of podcasts,…
33: Top 5 Things That Can Go Wrong at a Real Estate Closing
May 26, 2017 • 22 min
The biggest transaction in most people’s lives is the purchase or sale of a home. Home ownership is a part of the American Dream, and can be very exciting. However, there are some problems that can arise in the transaction if you don’t take all of the…
32: Why Lying on a Bankruptcy Petition is a Bad Idea
May 12, 2017 • 14 min
One of the simplest and easiest ways to get into trouble (and go to jail) in your bankruptcy is to lie on your petition. Whenever you file for bankruptcy you sign a document, under oath, that you have fully disclosed everything you own, everyone you…
31: Negotiating Tax Payments with the IRS
Apr 28, 2017 • 22 min
Many people, when they file their tax returns, find out that they owe taxes, many in an amount they find to be unaffordable. They cannot simply write a check and enclose it with the tax return. This can cause a lot of stress, as they face having to pay…
30: Tips on Avoiding Distracted Driving
Apr 20, 2017 • 15 min
April is Distracted Driving Awareness Month, so in this episode I talk about how this practice has become more of a threat to safety on our roadways than drunk driving, and how you can avoid being a part of the statistics. In 2002,…
29: The Adulting School
Mar 30, 2017 • 11 min
The educational system in this country is great and can teach you many things. However, one of the topics most schools leave out is how to be an adult. How do you live life, pay bills, handle credit, cook a meal, fix your car, or file a tax return?…
28: Preserving Financial Freedom After Being Injured on the Job
Mar 26, 2017 • 31 min
Many Americans live from paycheck to paycheck, often without a budget. Even those with savings can’t withstand long periods of time without any income. Therefore, job loss or a disability can be a major threat to someone’s financial freedom. The…
27: Building & Maintaining Good Credit
Feb 24, 2017 • 49 min
These days, so many things in life are tied to your credit score. If you want to buy a house or a car, get a credit card, or even insurance, that three digit number becomes critical. But what do you do if you are just establishing a credit history, or…
26: Student Loans in a Trump Presidency
Feb 10, 2017 • 17 min
With a new President in office, many student loan borrowers are hoping for a change for the better. There has been quite a bit of discussion in the past years about the national “student loan bubble” and what to do about it, and people are looking…
24: The 21-Day Financial Fast
Jan 13, 2017 • 16 min
Michelle Singletary, a personal finance columnist for the Washington Post, is the author of The Power to Prosper: 21 Days to Financial Freedom and The 21 Day Financial Fast, in which she lays out what she calls the 21-Day Financial Fast. It is about…
23: Discharging Taxes in Bankruptcy
Dec 28, 2016 • 22 min
One reason people here in New Jersey are contemplating bankruptcy, in addition to credit card and medical debt, is a big tax bill that they cannot pay. People often ask me whether taxes are dischargeable (and many people think that they are not). The…
22: Phone Apps That Help Save You Money
Dec 16, 2016 • 12 min
I have often provided links in my semi-monthly e-newsletter to articles on EveryDollar.com that talk about ways to budget, save money, and plan for the future. The information they provide is great for anyone trying to save money to pay down debt or…
21: Tips on Drafting a Will, Living Will & Power of Attorney
Dec 1, 2016 • 28 min
Many Americans do not have a will, even though they may be married or even have children. It is on their “To Do” list, but never seems to get done, most times because they either do not know where to start or do not want to think about their own…
20 - Making a Plan for Paying Your Debts
Nov 11, 2016 • 16 min
Not everybody with debt has to file bankruptcy. Many times it can be paid over time with a bit of belt-tightening and self-discipline. This is a great way to get out of debt and improve your credit scores. So in this episode, I am going to talk about…
19: Best Strategies for Dealing with Federal Student Loans
Oct 30, 2016 • 26 min
Student loan debt continues to be a problem nationally, as the total owed exceeds $1 trillion. Although private loans are also a problem, the good news is that they make up only 15% of the total debt, and federal loans still dominate the landscape….
18: Wills, Living Wills, and Powers of Attorney
Oct 17, 2016 • 26 min
One part of a financial strategy that is often overlooked is dealing with death and disability. It is an unpleasant topic that no one wants to think about, but one that has to be addressed. Failing to plan for them can threaten to unravel all of the…
17: Avoiding Paying Debt Forgiveness Tax to the IRS
Sep 30, 2016 • 27 min
One option people have for dealing with their debt is to negotiate a compromise figure, so as to get a balance that they can afford to pay, either in a lump sum or in payments over time. They may not be able to afford $7,500, but they can afford…
16: The Downside of Online Mortgage Companies
Aug 26, 2016 • 16 min
When it comes to home mortgages, there are many options out there. You can go to a conventional, neighborhood bank, your credit union, or the online companies that are advertising on TV. Lately there have been a lot of commercials about people…
15: Your Rights Under the Fair Debt Collection Practices Act
Aug 12, 2016 • 22 min
People in financial difficulty are hounded by debt collectors trying to get them to pay. Many times these collectors will use harassing and intimidating tactics in order to get your money. Dealing with this can be very stressful! Fortunately, there is a…
14: Getting the Right Insurance for Your Business
Jul 29, 2016 • 23 min
Just about every statistic says that most businesses fail. There are many reasons for this, such as poor planning, insufficient capital, or bad management. But some things are just beyond your control, and when those events happen, they can be devastating…
13: Online Budgeting Tools - EveryDollar
Jul 14, 2016 • 20 min
The vast majority of Americans don’t have a budget, and it is one of the most important things you can do to assure financial freedom. But how do you go about making, and more importantly, sticking to one? Where do you start? What tools do you use? In…
12 - Dealing with a Foreclosure Suit
Jun 22, 2016 • 28 min
I get calls from people all the time who are facing the loss of their home through foreclosure. I am able to help many of them get their mortgage back on track with a chapter 13 bankruptcy, but that is not always the best solution. So in this episode…
11 - Dealing with Medical Debt
Jun 16, 2016 • 32 min
One of the biggest things that can lead to financial ruin is medical debt. Catastrophic illness or injury that results in long hospital stays and recovery can result in crushing bills, even where there is insurance coverage. However, proactive and…
10: Planning for Retirement
May 27, 2016 • 33 min
One of the biggest goals of financial freedom is a comfortable retirement. But you have to plan for it! The problem is that many people just don’t know the basics of retirement planning or even where to start. That is why in this episode, I talk to Chris…
9: What Creditors Do to Collect on Judgments
May 11, 2016 • 20 min
If creditors are suing you here in New Jersey to collect on a judgment, then unless you fight it and win, they will enter a judgment against you and try to collect it. But what can they do? What tools are at their disposal to get your money and…
8: Dealing with Debt Buyers
Apr 29, 2016 • 9 min
People in financial difficulty here in New Jersey often get sued by their creditors to collect their debts. These suits usually lead to judgments because people don’t think they can fight them or try to fight them based on an inability to pay…
7: Distracted Driving & Public Awareness: Mike Kellenyi & PADD Speak Out
Apr 20, 2016 • 20 min
April is Distracted Driving Awareness Month, so in this episode I talk about this topic and how public awareness has increased, along with the penalties of doing so, as states toughen up their laws. Penalties in New Jersey are now more serious, as…
6: Are Short Sales a Good Idea for NJ Homeowners?
Mar 31, 2016 • 21 min
People facing foreclosure on their homes and trying to salvage what they can of their credit, or those who are upside down on their homes and looking to get out from under, often turn to a “short sale” as the solution. But a short sale isn’t…
5: Tips on Cleaning Up Your Credit
Mar 11, 2016 • 14 min
People in financial difficulty often have low credit scores that prevent them from achieving their financial goals and dreams. So in this episode, I talk about what has to be done to clean up your credit reports and start increasing your FICO score.
4: The Effect of a Traffic Ticket on NJ Auto Insurance
Feb 25, 2016 • 24 min
Getting a traffic ticket in New Jersey can have consequences beyond just the fines, court costs, surcharges, and even points that may be assessed. As a New Jersey resident and licensed driver, you might also face additional financial problems in the…
3: Formulating an Affordable Financial Aid Strategy
Feb 14, 2016 • 14 min
Financial freedom often comes from a job or career obtained as a result of a good education. But graduating with enormous student loan debt can stand in the way of that freedom. In this episode, I talk about how to create a smart and affordable…
2: Getting a Mortgage After Bankruptcy
Jan 29, 2016 • 18 min
In this episode, I interview Domenic Postorivo of GreenTree Mortgage here in New Jersey on (re)building credit and when you can get a mortgage after filing bankruptcy.
1: Tips on New Year’s Resolutions for a Better Financial Future!
Jan 14, 2016 • 11 min
Have you made a new year’s resolution to be more financially secure? Then check out these tips to making that resolution a reality!