This week's blogpost - https://bahnsen.co/3NrWc90 Transforming Financial Mindsets: From Planning to Legacy In this multifaceted episode of the 'Thoughts on Money' podcast, hosts Trevor Cummings and Blaine Carver delve into various aspects of financial decision-making and planning. They discuss Trevor's blog article 'Can You Afford It?' and debate the merits of financial stretching in contexts like real estate and insurance, taking into account different life stages. The conversation reframes the...
Oct 18, 2024•37 min
This week's blogpost - https://bahnsen.co/4h3n4cK Navigating Half Truths in Finance and Life In this episode of the Thoughts on Money Podcast, host Trevor Cummings, along with co-host Sean Latimer, discusses the complexities of handling half truths in financial decisions and personal life. The conversation navigates through the challenges Trevor faced preparing sermons, particularly on the tough topic of unforgiveness, drawing parallels to financial advisory. They explore how misleading half tru...
Oct 11, 2024•35 min
This week's blogpost - https://bahnsen.co/4ePs5nr Reprogramming Financial Mindsets: From Earning to Spending This episode of the 'Thoughts on Money' podcast features Blaine Carver, Sean Latimer, and Trevor discussing the need to reprogram financial mindsets, particularly as one transitions from earning a steady income to spending in retirement. The conversation highlights common misconceptions, such as the belief in maintaining lifelong spending habits, the influence of personal anecdotes relate...
Oct 04, 2024•32 min
This week's blogpost - https://bahnsen.co/4gJS8OT Navigating Big Decisions: Frameworks for Financial Planning In this episode of the Thoughts on Money podcast, host Trevor Cummings, along with Sean Latimer and Blaine Carver, discusses strategies for tackling big life decisions and financial planning. They explore the concept of breaking down overwhelming tasks into manageable steps, using a humorous anecdote about choosing schools for their children and buying a conversion van. The conversation ...
Sep 27, 2024•41 min
This week's blogpost - https://bahnsen.co/3Xw16Gr Navigating Financial Media Hype and Sensationalism In this episode of the Thoughts on Money (TOM) podcast, host Trevor Cummings, along with Sean Latimer and Blaine Carver, delve into the impact of sensationalism in financial media. They discuss a particular article titled 'You've Got to be Kidding Me,' examining why sensational headlines attract more reader engagement. The conversation covers topics such as market volatility, the unpredictability...
Sep 20, 2024•36 min
This week's blogpost - https://bahnsen.co/4d9Z1FY Mastering Dollar Cost Averaging: Soccer Strategies for Smarter Investments In this episode of the Thoughts on Money Podcast, hosts Trevor Cummings and Blaine Carver discuss the importance of dollar cost averaging (DCA) as an investment strategy. Blaine shares an engaging analogy comparing DCA to soccer strategies, specifically the buildup approach and counterattack method, which helps simplify the concept for listeners. The conversation covers th...
Sep 13, 2024•34 min
This week's blogpost - https://bahnsen.co/47bXUEB The Power of Expectations in Life, Finance, and Happiness In this episode of the Thoughts on Money (Tom) podcast, hosted by Trevor Cummings with guests Blaine Carver and Sean Latimer, the focus is on Trevor's article titled 'What to Expect When You're Expecting.' The discussion explores the impact of expectations on various aspects of life, including relationships, happiness, and investments. They delve into how expectations can shape experiences...
Sep 06, 2024•30 min
This week's blogpost - https://bahnsen.co/3Z6Nowf Understanding the Power of Compounding and Legacy Planning In this episode of the Thoughts of Money (TOM) podcast, hosts Trevor Cummings and Blaine Carver discuss the concept of 'playing with house money' and how it relates to investing and compounding interest. They explain the importance of understanding compounding returns, providing visual analogies like a rolling basketball or snowball to illustrate the accelerating growth over time. The epi...
Aug 30, 2024•25 min
This week's blogpost - https://bahnsen.co/3MidbtW Navigating Financial Milestones: From Youth to Golden Years In this episode of the Thoughts on Money Podcast, host Trevor Cummings and guests Blaine Carver and Sean Latimer discuss Blaine's article on financial milestones. The group humorously reflects on age-specific privileges and responsibilities that influence financial decisions. Covering milestones from childhood to retirement, they delve into the importance of starting investment accounts ...
Aug 23, 2024•44 min
This week's blogpost - https://bahnsen.co/3M8Yj0S T-Bill and Chill vs. Market Returns: A Game Film Analysis In this episode of the Thoughts on Money Podcast, the hosts Trevor Cummings, Sean Latimer, and Blaine Carver discuss the 'T Bill and Chill' investment strategy and its opportunity costs over the past two years compared to the stock market's performance. They draw parallels between reviewing investment game film and analyzing critical decisions in NFL football, notably the Seattle Seahawks'...
Aug 16, 2024•35 min
This week's blogpost - https://bahnsen.co/3YzxRos Personal Finance 101: Building a Strong Financial Framework In this episode of the Thoughts on Money podcast, host Trevor Cummings and co-host Blaine Carver dive into the basics of personal finance. The discussion centers around simplifying financial concepts and creating a solid framework for managing money, covering topics such as giving, saving, spending, and planning for the future. Trevor shares practical advice, anecdotes, and book recommen...
Aug 09, 2024•39 min
This week's blogpost - https://bahnsen.co/46y1Y1F Cleanliness in Finances: The Secret to a Tidy Portfolio In this episode of the Thoughts on Money Podcast, hosts Trevor Cummings and Sean Latimer discuss the importance of cleanliness and organization, both in day-to-day life and financial portfolios. They share personal stories and insights on chores and parenting, discussing how these lessons apply to maintaining a clean and efficient investment strategy. The episode emphasizes avoiding 'trinket...
Aug 02, 2024•29 min
This week's blogpost - https://bahnsen.co/3Yf7XGt Who's the Boss: Mastering Self-Control in Life and Investing In this episode of the Thoughts on Money podcast, hosted by Trevor Cummings along with Sean Latimer and Blaine Carver, the trio dives into the importance of self-control and awareness in various aspects of life, including dieting, parenting, and investing. They explore how external influences like cravings, emotions, and even hunger can impact decision-making. Drawing from personal anec...
Jul 26, 2024•31 min
This week's blogpost - https://bahnsen.co/3S8texp Power of Great Teachers: Insights from the Thoughts on Money Podcast In this episode of the Thoughts on Money (Tom) podcast, hosted by Trevor Cummings, along with Sean Latimer and Blaine Carver, they explore the crucial role of great teachers in personal and financial life. The discussion centers around distinguishing great teachers from ordinary ones and stresses the importance of having influential mentors. The episode also touches on the attri...
Jul 19, 2024•37 min
This week's blogpost - https://bahnsen.co/4eTRm0N Discussing Financial Independence and the FIRE Movement In this episode of the Thoughts on Money (TOM) Podcast, guest hosts Blaine Carver and Sean Latimer discuss the concept of financial independence, its rising popularity, and its implications. They share personal anecdotes about 4th of July celebrations and the challenges of managing noise with small children and pets. The conversation transitions into an exploration of the FIRE (Financial Ind...
Jul 12, 2024•32 min
This week's blogpost - https://bahnsen.co/3zpcXxW Embracing Volatility: Lessons from Nature and Investing In this episode of the Thoughts on Money Podcast, host Trevor Cummings, alongside colleagues Sean Latimer and Blaine Carver, discusses the concept of volatility in both nature and financial markets. Trevor shares personal stories about observing butterflies in his backyard and ties these experiences to investment strategies, emphasizing the importance of enduring market volatility to achieve...
Jun 28, 2024•30 min
This week's blogpost - https://bahnsen.co/3KS7Ng9 Financial Advice: Owner vs. Coach In this episode of the Thoughts of Money podcast, host Trevor Cummings is joined by colleague Josh Klooz. They discuss the complexities of managing personal finances, emphasizing the importance of collaboration, integration, and trust between clients and advisors. Through analogies from football to cooking, they explore the roles of clients as either owners or coaches in their financial lives and the need for pro...
Jun 21, 2024•33 min
This week's blogpost - https://bahnsen.co/4b4UxiQ Navigating Home Affordability: Practical Insights In this episode of the Thoughts on Money podcast, Trevor Cummings, joined by Blaine Carver, explores the current challenges of home affordability, discussing the impact of rising real estate prices and mortgage rates. They provide insights into why today's housing market is less affordable compared to previous decades, emphasizing the importance of considering financial ratios, such as home price-...
Jun 14, 2024•45 min
This week's blogpost - https://bahnsen.co/3x5Xemm The Platypus Parallel: Unmasking Investor Behavior In this episode of the Thoughts on Money (TOM) podcast, host Trevor Cummings and his cohost Sean Latimer delve into the latest blog post that draws unexpected parallels between a zoo visit and investing. They discuss fun facts about animals from Trevor's family's frequent zoo visits and Wild Kratts adventures. The conversation transitions into a deeper exploration of black swan events in the mark...
Jun 07, 2024•26 min
This week's blogpost - https://bahnsen.co/3X2qzZp Breaking Records and Financial Progress: Embracing Market Highs and Human Innovation In this episode of the Thoughts on Money podcast (TOM), host Trevor Cummings and guest Blaine Carver delve into the concept of breaking records and the nature of progress, both in sports and financial markets. They discuss notable sports records, such as Roger Bannister’s sub-four-minute mile and LeBron James' scoring milestone, emphasizing how once-unthinkable a...
May 31, 2024•34 min
This week's blogpost - https://bahnsen.co/4bTgiTx One of the secrets to long-term financial success is avoiding big mistakes. Big mistakes come in all different shapes and sizes, which is exactly what we will unpack today. We will cover the consequences of concentration, panic, big losses, and what I like to call tax magic. This should be a fun one, and I hope you won’t miss it. Links mentioned in this episode: http://thoughtsonmoney.com http://thebahnsengroup.com...
May 24, 2024•30 min
This week's blogpost - https://bahnsen.co/3wBQQ6i Today I have the honor and privilege of welcoming a first-time Thoughts On Money contributor. Josh Klooz is leading the charge on our recent endeavors in Houston, TX and is joining us today to share the importance of not just passing down financial wealth, but financial wisdom. Josh grew up on a farm in Nebraska is well-acquainted with hard work. Josh unpacks the life lessons he’s gleaned from his childhood and how he is passing this wisdom down ...
May 17, 2024•25 min
This week's blogpost - https://bahnsen.co/3QF5Zum The decade from 2000-2009 included both the Dot-Com Bubble and the Global Financial Crisis (GFC). We call this the Lost Decade because it was a rare occurrence where stock investors experienced a negative return over a 10-year period. This decade will live in infamy and will be the talk of countless financial books, newsletters, blogs, and white papers. Today, I would like to unpack what I call the New Lost Decade, which we live in now. This topi...
May 10, 2024•29 min
This week's blogpost - https://bahnsen.co/3USNw01 Today, I am excited to introduce our guest author, Sean Ullrich. Sean hails from our Nashville office. His visit to Newport Beach this week made for perfect timing to record the podcast and publish his first Thoughts On Money contribution. Please join us as Sean bridges the connection between duck hunting and taxes in his article, It’s All About What You Keep. Links mentioned in this episode: http://thoughtsonmoney.com http://thebahnsengroup.com...
May 03, 2024•25 min
This week's blogpost - https://bahnsen.co/3y08bG8 Let me ask you this, why did Goldilock’s parent allow her to wander alone in the forest? It’s never a good idea to invade the space of a bear, especially not three of them. I don’t want you wandering the forest of personal finance tabloids or hanging around permabears. Join me as I unpack the history of gold and call into question some of the headlines that you might be seeing out there. Links mentioned in this episode: http://thoughtsonmoney.com...
Apr 26, 2024•33 min
This week's blogpost - https://bahnsen.co/446kXz1 Turns out, the path to a prosperous retirement is not too different than learning to line-dance. The steps you take, and the sequence of those steps, can either carry you to the finish line or leave you woefully out of place. Without spoiling the surprise, join us today as James Andrews unpacks the steps to securing your retirement. Links mentioned in this episode: http://thoughtsonmoney.com http://thebahnsengroup.com...
Apr 19, 2024•37 min
This week's blogpost - https://bahnsen.co/3VNPHTq Lately, bonds have been behaving a lot like stocks. This can become a major issue for investors. The growing correlation between stocks and bonds challenges the historical diversification benefits that investors have relied on. What is an investor to do? Join me today as I unpack diversification via dividends and present a classic solution to a modern problem. You won’t want to miss it… Links mentioned in this episode: http://thoughtsonmoney.com ...
Apr 05, 2024•28 min
This week's blogpost - https://bahnsen.co/3vzmbWH The stock market has quite the win streak going. I submit that this in itself should not concern investors, but it is something investors should be aware of. Markets are indeed unpredictable, and markets are multi-directional. Sometimes win streaks can lull us to sleep allowing us to forget that markets are… multi-directional. Join me today as I discuss this current win streak, kids on roller coasters, and the importance of healthy expectations. ...
Mar 28, 2024•24 min
This week's blogpost - https://bahnsen.co/3Tr9Ag4 If you know me, you know I love cycling. If you know me, you know I love personal finance. Today was a treat for me, as our author Blaine Carver allowed my two favorite topics and hobbies to collide. Today, cycling meets financial planning in order to explain the importance of recognizing the drag taxes can have on returns. Furthermore, Blaine explains to us the necessary planning we can do to combat that drag. Without spoiling all fun of the art...
Mar 22, 2024•30 min
This week's blogpost - https://bahnsen.co/3uQ2RnS Leverage is debt. Is leverage good or bad? Neither. As is applicable to most things, leverage can be prudent in some cases and it can be misused in others. Debt can allow us to enjoy something today, while we stretch the cost over a defined time period. Debt can also be the culprit behind many stories of financial ruin. Join us today as James Andrews unpacks the dos and don’ts and ins and outs of leverage. Links mentioned in this episode: http://...
Mar 08, 2024•28 min
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