Beyond Finances

Beyond Finances

beyondyourhammock.com/beyondfinances
with Eric Roberge, CFP


Credit Score Myths and Truths Revealed
Oct 2 • 19 min
44: Too many people believe too many myths about credit scores. Today, we’re revealing the truth, including: - What factors determine your score - When it’s a GOOD idea to close a credit card account - The surprising things that can hurt your score that…
The Value of a Coach
Jul 31 • 17 min
43: You don’t need a coach, right? You can just train yourself! That’s what we tell ourselves a lot of the time. And too often, it’s just not true. We sell ourselves short and fail to reach our full potential when we think we don’t need a guide, a coach,…
Want to Build Wealth? Then You Need to Create THESE
Jul 10 • 18 min
42: Most people assume they just need to earn a high income, and then they’ll be wealthy. Unfortunately, building wealth (especially when you’re doing it on your own from scratch) is not always so simple. In this episode, we discuss why only focusing on…
So You Want to Make a Speculative Investment
Jun 26 • 20 min
41: Today, we’re looking at some alternative ways to invest outside of a globally diversified portfolio, including stock-picking, sector bets, private equity investments, and more. We explain: —Why most people can’t afford to take on speculative…
Understanding Insurance: What You Need and What You Don’t
Jun 12 • 26 min
In the wake of the pandemic, many people scrambled to take out insurance policies. But before you buy, make sure you understand the real purpose of these kinds of policies so you can choose what’s best for you. Today, we talk through some considerations…
We Bought a House (in a Pandemic). AMA.
May 29 • 20 min
39: Learn about all the unique, outside-the-box thinking and actions we took to buy our first home together. In this conversation, we’ll cover: - How we got the most bang for our buck - What we prioritized in our financial lives before buying - The…
3 Unexpected Money Lessons from… Robert Frost?
May 16 • 17 min
38: You’ve likely at least heard of Robert Frost’s famous poem, The Road Not Taken… and you might be just as likely to misinterpret it. In today’s episode, we take a look at the REAL meaning behind one of the best-known pieces of poetry in American…
5 Ways to Elevate and Optimize Your Finances
May 1 • 23 min
37: Let’s go beyond the basics to look at how you can optimize your savings, get strategic with debt, and level up how you invest to grow wealth. Today, we want to kick it up a notch and help you see how you can go from good money move, to better, to BEST…
Following Warren Buffett’s Advice, and an Argument for Optimism
Apr 3 • 17 min
36: In this episode of the show, we discuss the opportunity you might want to capitalize on and at the very least, why you should NOT stop making your regular contributions to the market. Most importantly, we also lay out our argument for why feeling…
Can You Have Too Much Cash? (Spoiler: Yes, and It’s Risky)
Mar 20 • 21 min
35: Here’s what you need to know to determine how much cash you actually need on hand, and what to do with extra funds if you have them. Today on the podcast, we explain: —The formula to use to determine how much cash you need —How we chose the exact…
Avoiding Short-Term Distractions When You Have Long-Term Goals
Mar 6 • 26 min
34: We share thoughts on dealing with the coronavirus scare and current market volatility, before diving into this rebroadcast on the dangers of short-term decisions that fail to account for LONG-term goals. To win a long-term game, you need to learn how…
Stop Seeking Perfection with Your Financial Decisions
Feb 21 • 17 min
33: Who doesn’t want to get their money right? When making financial decisions, you probably want the CORRECT answers. But aiming for perfection can actually hamstring your progress and lead you AWAY from the best financial choices for your goals — and…
Why You Need Financial POWER (Not Financial Freedom)
Feb 7 • 27 min
32: What if the pursuit of financial freedom actually leaves you with fewer options and feeling more stuck than ever before? Financial freedom sounds nice, but it comes with a lot of potential pitfalls that fans of the “FIRE” movement don’t like to talk…
The Most Important Question in Personal Finance: What Is Enough?
Jan 24 • 21 min
31: What’s ENOUGH for you? This is the most important question in personal finance and yet most people have no idea how to answer it. But if you know your enough, you can balance your need to invest for the future with the reality that your life happens…
Are You Sabotaging Your Shot at Financial Success?
Jan 10 • 22 min
30: The most common thing that stops people from achieving their financial potential? Themselves. “Learned helplessness” is a phenomenon that can keep you from success, and it happens when you experience struggle or suffering that you feel is out of your…
How to Enjoy Life Now and Still Plan Responsibly for Tomorrow
Dec 27, 2019 • 28 min
29: We revisit what it means to freely enjoy your money today while still taking the right steps to build your wealth and plan responsibly for the future. Tune in to learn: — How to spend better to fully experience life — What you should save for future…
How to Make 2020 a Financial Success
Dec 13, 2019 • 23 min
28: Now is the time to take the necessary actions if you want to make 2020 a great year for your personal finances. In this episode, we share 6 major considerations you can use to help guide your year-end financial planning — along with a few suggestions…
Should You Rent or Buy? Use This Framework to Figure It Out
Nov 29, 2019 • 28 min
27: You’ve heard renting is throwing money away or a house is always a good investment. But is it true? Forget general rules of thumb; forget what you feel pressured to do; forget what you’ve heard about buying always being better or renting never being a…
Use Your HSA the Right Way: A Quick Guide on the Best HSA Strategy
Nov 15, 2019 • 15 min
26: An HSA is one of our favorite tools for growing wealth — but the problem is, most people have no idea how beneficial they are OR how to leverage them for maximum financial advantage. We’re changing that with this episode of the show. Today, we explain…
The 3-Part System We Use to Save 40 Percent (or More) of Our Income
Nov 1, 2019 • 24 min
25: Your savings rate is one of the most important metrics to track if you have big ambitious goals. So how do you know what is enough and how can you increase how much you put away? We’re sharing: — The minimum you should invest for the long term — Why…
Managing Competing Priorities and Financial Goals with Our 4-Step Process
Oct 18, 2019 • 19 min
24: To paraphrase the great Ron Swanson, this is the show you need if you want to stop half-assing a lot of stuff that seems important but you’re not sure what’s MOST important — and start whole-assing the essential priorities that you know mean the most…
3 Ideas to Save More and Spend Less Without Feeling Deprived
Oct 4, 2019 • 18 min
23: Conversations on budgeting and saving money don’t have to translate to “here’s what you have to give up.” We want to enjoy life now AND plan responsibly for tomorrow, and in this episode, we talk through three (stupidly simple) ideas for actually…
5 Pieces of Financial Advice for 30-Somethings
Sep 20, 2019 • 22 min
22: Life can get complicated in your 30s. You might be moving up in a career, starting a business, buying a home, getting married, growing your family — and more. And oh yeah, now is the PRIME TIME to get your finances right if you want to create and…
Is This the Next Recession?
Sep 6, 2019 • 26 min
21: “Is this the next recession?” Lots of people are asking. Is it this big, looming thing that’s about to happen — and are we all screwed when it does? To know what to make of recent headlines and navigate recession fears, we’re talking about key facts…
How to Get a Great Deal on a New Car
Aug 23, 2019 • 27 min
20: One simple trick can save you THOUSANDS of dollars (and a lot of time) if you’re ready to buy a new car. We did the research, negotiated with dealerships, and managed to snag the exact car we wanted at a verified GREAT price. How did we do it? Today,…
3 Paths to Become a Self Made Millionaire
Aug 9, 2019 • 36 min
19: You don’t have to be born into money to have money today. We lay out a few different paths to explore if you want to become a self-made millionaire now. We cover: — Becoming a high-income earner with a company or employer — Starting a business or…
How to Deal with Your Student Debt
Jul 26, 2019 • 20 min
18: In Part II of our student debt series, we look beyond the topic of general student loan forgiveness to explore what you can do RIGHT NOW to better manage the financial burden of student loans. We cover: — How to make/implement a repayment plan — Why…
Total Student Loan Forgiveness - Yay or Nay? (Part 1)
Jul 12, 2019 • 22 min
17: Total student loan forgiveness is a hot topic, but what should you actually DO about it and the loans you have right now? In PART I of this series on student loans, we discuss: - What forgiveness programs already exist (and if you should use one) -…
Money and Market Misconceptions That Can Cost You
Jun 28, 2019 • 24 min
16: What you only THINK you know can hurt you — and cause you to lose a lot of money in the market. Most of us don’t consistently make excellent financial choices on our own. Part of the problem is that we’re plagued by misconceptions around money and…
How to See the (Money) Forest for the Trees
Jun 14, 2019 • 22 min
15: If we could compare life to walking through a forest, we could say that you pass a lot of trees along the way. Most people tend to obsess over the nearest tree at the expense of missing the forest. Looking at the forest means taking a step back and…
Your Money Questions Answered: Student Loans, IPOs, Credit Cards, and More
May 31, 2019 • 24 min
14: We asked you to send us your money questions that you wanted our perspective on — now we’re answering! We cover the following questions in this first “ask me anything” styled show: - How much do I need to save for retirement? - What’s the best credit…
How Much Average People Spend
May 17, 2019 • 19 min
13: Ever wonder how much most people spend on stuff? Wonder how YOUR spending compares to the average? We dive into the numbers here, sharing what the average person spends, what we think you need to save, and how to fit YOUR spending around these data…
Thoughts on Planning and Paying for a Wedding
May 3, 2019 • 13 min
12: A wedding is a big deal. But getting married doesn’t justify spending more than you can afford or sabotaging all your other savings goals for the sake of throwing a personal gala event. People were interested to know how much Eric, as a financial…
Stocks, Bonds, and Mutual Funds, Oh My!
Apr 19, 2019 • 32 min
11: Investing is a critical step to take if you want to walk the path to wealth. In this episode, we cover some important topics you need to think about before you invest, including: - How to set up a truly diversified portfolio - What to think about when…
Biggie Said It Best
Apr 5, 2019 • 24 min
10: Mo money mo problems. And not just for OGs. When you start earning more, you have more freedom and ability to buy what you want. And that can pose a unique problem. In this episode, we’re walking you what to think about when you reach the point where…
How to Use Thought Experiments to Design Your Best Life
Mar 22, 2019 • 21 min
9: What if you dropped your limitations, allowed yourself to daydream, and considered what’s possible for your life? We’re encouraging your to stretch your mind, imagine a world with no limits, and brainstorm what your life could look like if “can’t”…
How to Travel More Without Busting Your Budget
Mar 8, 2019 • 30 min
8: Kali’s favorite thing to do is travel. Eric’s favorite thing to do is save money. This is how we manage to do a lot of both. It seems like most of us in our 20s, 30s, & 40s wants to see the world, experience new things, try all the foods, and of…
5 Financial Opportunities You’re Missing Right Now
Feb 22, 2019 • 21 min
7: We see a TON of people missing out on great opportunities to keep more money in their pockets and grow their wealth because they’re not paying attention to a few simple aspects of their financial plan. Today, we dive into some really simple but…
Emotions - The Enemy of Being Good with Money?
Feb 8, 2019 • 27 min
6: Recently, someone asked Kali and Eric why they’re “good with money.” The answer? Ultimately, they agreed it came down to this one thing: they keep their money and their emotions separate. That inspired today’s episode of Beyond Finances, which is all…
What It Takes to Go After Financial Freedom
Jan 25, 2019 • 24 min
5: Not everyone is in a position to reach financial freedom. “Just save more” or “be frugal!” are not adequate pieces of advice for everyone. Sometimes, you need to do more than just cut back on consumerism. We’re continuing the financial independence…
Money Alone Will Not Set You Free
Jan 18, 2019 • 26 min
4: Today, we’re taking on the idea of financial freedom - and how we suggest redefining it to better fit your life. We’re pushing back against the idea that the solution to all life’s problems can be found via financial independence. Life is not that…
Focus on What You Can Control
Jan 3, 2019 • 23 min
3: We’re tackling the third key variable to financial success: focus. Specifically, we’re diving into developing the ability to focus on what you can control. There’s a lot of noise and distraction out there, which means finding financial success requires…
The Art of Being Intentional with Your Money
Jan 3, 2019 • 27 min
2: Today, we’re talking all about how to make intentional decisions with your money and in your life. We explain what it takes to be intentional, how to think through financial choices both big and small, and how this whole process hinges on understanding…
How to Balance Spending Today with Saving for Tomorrow
Jan 3, 2019 • 27 min
1: Welcome to Beyond Finances! In this very first episode of our brand-new podcast, we want to kick off the conversation by looking at three essential elements of financial success: Balance, Intention, and Focus. First up, we’re tackling balance — and…