There are infinite ways to make money these days, short-term trading is just one of them. But is it the right fit for you? Tune in this week as Julien and Kiersten explore the differences between short-term trading vs. long-term investing as well as the advantages of each method. Most successful traders have an advantage in two areas, do you know what they are? The Saunders’ also clear up common misconceptions to help give you clarity and insight into short-term trading. Tune into this week’s ep...
Sep 18, 2023•36 min
This week on Rich & REGULAR, Kiersten and Julien tackle the topic of overoptimization. When does the pursuit of optimization become problematic? Is achieving balance while optimizing even possible? The Saunders share relatable anecdotes and practical advice on how to avoid the pitfalls of overoptimization, a must listen for those who prioritize leveling up in many areas of their lives. Kiersten and Julien generously share their wisdom, offering practical tips and tricks to help listeners bre...
Sep 11, 2023•32 min
This week on Rich & REGULAR, Kiersten and Julien tackle a topic that's hitting close to home for many: paying off debt. With a special focus on student loan debt, they explain the background of student loans as payments start up again this month. They dive into some practical tips to help prioritize and pay down debt, in addition to ways to stay on track with payments. If the world of loans and interest rates makes your head spin, don't worry. The Saunders are here to help explain for their ...
Sep 04, 2023•33 min
Is it time to hit the road and chase those trucking dreams? The latest episode of Rich & REGULAR is taking us on a wild ride through the world of trucking! Julien and Kiersten are discussing all things trucking – the good, the bad, and whether getting into the trucking industry is a good move right now. But hold onto your hats, because they're not stopping there. They're also diving into the industry's past, present, and future. Yep, you guessed it – they're talking about AI and how it's sha...
Aug 28, 2023•34 min
Thinking about starting a podcast and turning it into a profitable venture? Or maybe searching for a way to differentiate yourself and get that professional competitive edge? Tune in to this week’s episode of Rich & REGULAR as Kiersten and Julien guide listeners through the ins and outs of the podcasting business. From ways to make money with podcasting to the industry's growth trajectory, they explore it all. They also break down the steps to get your podcast off the ground and scale it up ...
Aug 21, 2023•44 min
AI is everywhere — and it’s likely to impact our financial life sooner rather than later. How will it affect how you spend, invest and manage finances now and in the future? Julien and Kiersten weigh the good and bad of AI financial tools: giving you a new perspective that’s taking over your wallet faster than fire. In this week’s episode of Rich & REGULAR, we look into how AI is affecting fraud detection, budgeting apps, and how banks and credit card companies determine your credit worthine...
Aug 14, 2023•35 min
You’ve seen the headlines: rising sea levels, fires, both the rainiest and driest summer on record depending on where you live. Weather is becoming hotter and more volatile and it’s having profound impact on our real estate investment properties. Julien and Kiersten acknowledge that financial value of property in places affected by climate change are dropping, yet everything is getting more expensive - with Florida topping that list. In this week’s episode of Rich & REGULAR, we look into the...
Aug 07, 2023•31 min
We’re halfway through the year, and there is no better time to ask, "What can I do to finish the year financially strong?" With the federal interest rate already being raised 3 times this year, Julien and Kiersten acknowledge that many listeners are probably feeling financially squeezed, and emphasize the importance of understanding the underlying reasons behind it. In this week’s episode of Rich & REGULAR we delve into the "why" rather than the "how," exploring the trends and cultural shift...
Jul 31, 2023•41 min
As the cost of travel continues to soar and flights become increasingly expensive, a surprising alternative is gaining traction and capturing the attention of wanderlust-stricken adventurers…traincations! Trains, once overlooked in favor of airplanes, are experiencing a renaissance, thanks to remarkable enhancements in the rail industry and a desire for more affordable and experiential journeys. This week on Rich & REGULAR, Kiersten and Julien delve into the reasons why train travel is makin...
Jul 24, 2023•45 min
Have you heard about the new legislative changes to 401ks? Tune in to Rich & REGULAR this week as Kiersten and Julien dive into the remarkable changes that are set to revolutionize your 401k. Discover the background behind these transformative shifts and gain valuable insights about your 401k options looking forward. The Saunders’ break down the significance of these changes and the impact they will have on your financial future. Auto-enrollment, student loan incentives, benefits to part-tim...
Jul 17, 2023•36 min
What in the world is dividend investing and how is it like cookie dough? In this week’s episode of Rich & REGULAR, Kiersten and Julien delve into the concept of dividends, exploring what they are, the reasons behind their popularity, the criticism they face, and how they can fit into your financial strategy. With patience and purpose, dividend investing can be a great contribution to your portfolio. So tune in to get some clarity on dividend investing to discover if this is a fit for your ov...
Jul 10, 2023•29 min•Ep. 118
Join the Saunders in this week’s episode of Rich & REGULAR as they delve into the world of the lottery. Discover where the funds go, face the staggering odds of winning, and gain insights into the dark side of gambling addiction as well as resources for help. From examining the impact of lottery funds on communities to sharing their thoughts on the pursuit of jackpots, Kiersten and Julien cover it all. Tune in to this thought-provoking episode to learn more about the lottery's impact, the al...
Jul 03, 2023•40 min
This week on Rich & REGULAR, Kiersten and Julien delve into the intriguing world of passive income, exploring its differences from active income and why it holds significant importance in our financial journey. They address some of the biggest misperceptions surrounding passive income and debunk myths often surrounding passive income. Drawing from their own experiences, the Saunders shed light on the varying levels of passive income sources and related upkeep and time investment. Tune in thi...
Jun 26, 2023•34 min
Tune in to a special edition of rich & REGULAR this week to celebrate the one-year anniversary of the launch of Julien and Kiersten's thought-provoking book, " Cashing Out: Win the Wealth Game by Walking Away ". They take time this week to reflect on the motivations behind writing their book and how they embarked on the path to publication. Curious about the financial logistics of book publishing? Julien and Kiersten discuss their experiences writing this book and share how to bring in profi...
Jun 19, 2023•43 min
What in the world is communal living? Join Kiersten and Julien in this week’s episode of Rich & REGULAR as they delve into the world of communal living. Discover how these communities operate in ways that foster connection and create a sense of belonging. Gain insights as they break down the various structures that communal living can take, helping listeners understand the difference between communes and roommate situations. Learn about the financial aspects of communal living, including way...
Jun 12, 2023•41 min
Have you ever considered the untapped potential of short-term rental investing? Are you ready to embark on an exciting investment journey that can bring in substantial profits? The world of real estate investment has seen a significant shift in recent years, with short-term rentals emerging as a highly sought-after opportunity. This week’s episode of Rich & REGULAR delves into the intriguing history of short-term rental investing, explores the rise of black-only Airbnb accommodations, and ex...
Jun 05, 2023•37 min
Worried about the impact of market volatility? Fear not! Join us this week on Rich & REGULAR as Julien and Kiersten unravel the fascinating world of bonds and shed light on their pivotal role during economic downturns. Brace yourself for an enlightening journey through the depths of investment strategies, where we'll explore the essence of bonds, their diverse categories, and why they are the ultimate stabilizers. What percentage of my investment portfolio should be allocated to bonds? Julie...
May 29, 2023•33 min
How many Americans currently have a side hustle? What is the impact of women becoming the breadwinners for their family? Listen in on this week’s episode of rich & REGULAR for these answers and more as Julien and Kiersten take the live stage at the Morningstar conference in Chicago. Get ready for a captivating glimpse into their expertise beyond the podcast, as they shed light on the evolving landscape of modern families and its impact on financial planning. From the impact of social media o...
May 22, 2023•30 min
How much should we save? Where do we keep our money? Is saving 10% enough? Welcome to another episode of rich & REGULAR, where Julien and Kiersten Saunders answer these questions and more. This week's topic is all about the holy grail of personal finance: saving. Julien reminds us that saving is not just a habit, it's a skill. And like all skills, it takes practice to perfect. Listen in to hear tips on where to stash your cash, how much to save, and how to know what types of savings accounts...
May 15, 2023•37 min
Are you yearning for a much-deserved getaway, but worried about breaking the bank? Well, fear not fellow travelers! In this week’s episode of rich & REGULAR, Julien and Kiersten help you plan a guilt-free vacation. With US hotel prices skyrocketing by a staggering 54% in January 2023 compared to the previous year, it's easy to feel like the only way to fund your travel is by taking out a second mortgage on your home. Tune in to hear the dynamic duo cover all the bases to help you save big wh...
May 08, 2023•48 min
Are you tired of the traditional retirement plan of working until you're old and gray? Enter FIRE, the Financial Independence, Retire Early movement. It's like retirement, but significantly better. In this week’s episode of rich & REGULAR, Julien and Kiersten are here to answer all the burning questions about FIRE. Who is it for? Is it sustainable? Is it just for people who eat ramen noodles every night? It turns out that FIRE can be for anyone wanting to pursue work-life balance, intentiona...
May 01, 2023•42 min
What exactly is net worth? How is it calculated? It’s time to debunk the myth that income is the primary measure of success and explain why net worth provides a more holistic picture of financial health. In this week’s episode of rich & REGULAR, Julien and Kiersten Saunders caution listeners against common mistakes they've seen when it comes to building net worth and provide a variety of healthy financial habits which can be implemented in order to improve your own. By taking small, manageab...
Apr 24, 2023•31 min
Many of Kiersten’s family members have been involved in the insurance business, so the Saunders are smashing through the stigma and delivering the life insurance low-down this week. They mull over the purpose of life insurance and perform a cost-benefit analysis on the two types of policies, term and whole life, while offering their two cents on which one to invest in. Julien and Kiersten also answer significant questions like who qualifies for life insurance, which of the two types is best, and...
Apr 17, 2023•40 min
Each person’s retirement planning strategy is deeply personal. There are so many options for retirement accounts because they’re designed to be suitable for people with many different needs and lifestyles. But from 403(b)s, 501(c)3s, and 457(b)s, and other accounts, the amount of alphabet soup associated with retirement planning can be stupifying. Without financial education, confusing retirement account and tax code names can be a huge barrier for people trying to set themselves up for their fu...
Apr 10, 2023•38 min
Julien and Kiersten celebrate the beginning of financial literacy month (and tax season) by diving into tax jargon. There are so many things to complain about regarding taxes, but they do pay for community essentials like roads, schools, defense, social services, and more. The existing tax system was set up “to incentivize certain behaviours, things like charitable giving and homeownership…. But then, in the 1950s… [governing bodies] introduced tax write-offs as a way for businesses to reduce th...
Apr 03, 2023•33 min
Divorce is rising across all generations and has nearly doubled since 1990. The numbers are no small potatoes: 50% of couples today file for divorce. Divorce is expensive - you can lose significant wealth between lawyer fees, alimony, and the general splitting of assets. Julien and Kiersten delve into the controversial topic of prenuptial agreements in this episode. Prenuptial agreements, or “prenups,” can dictate how assets are allocated, debts will be paid, and children will be raised. Kierste...
Mar 27, 2023•29 min
Do you love to travel? Have you considered investing in a timeshare? The Saunders discuss the value of timeshares versus regular resort rates. Kiersten used to manage the lead funnel of a timeshare directly, and Julien also dealt with timeshares as a portion of his previous work, so the Saunders both have boots-on-the-ground insights to provide. Timeshares have a complicated, polarizing reputation. Those who love them, love them, and those who hate them, hate them. There are two types to invest ...
Mar 20, 2023•35 min
In this episode of The Rich & Regular podcast, The Saunders answer the question: why should you join AARP? According to the myAARPmedicare website, the American Association of Retired Persons (AARP) is “the nation's largest nonprofit, nonpartisan organisation dedicated to empowering Americans 50 and older to choose how they live as they age." While it used to have an age limit of 55 and over, AARP now allows members aged 18 and up. So why is joining AARP a wise financial choice? A membership...
Mar 13, 2023•34 min
This is the 100th episode of “Rich & Regular,” which explores life at the intersection of money! Today we investigate the question, “Are ‘collectibles’ investments?” From limited edition Legos, comic books, stamps, alcohol, sneakers, art, jewelry, and sports memorabilia, Kiersten and Julien explore if sinking money into collections of material items is worthwhile. Many collectibles do have appreciating value, yes. The Saunders present some of the challenges acquiring and maintaining collecti...
Mar 06, 2023•30 min
What’s the difference between mutual funds and EFTs (Exchange Traded Funds)? This week on the rich & REGULAR podcast, Kiersten and Julien ask registered investment advisor Rich Compson (Fidelity) this question and more. Rich explains how direct indexing works, where you own a portion of all the stocks in an index, like the S&P 500. This enables you to have more personal preferences when investing, focusing on companies that reflect social or environmental values, for example. Rich also t...
Feb 27, 2023•33 min
