Shows
The Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationTop 5 Episodes of Season 2 - #84 The Secret to Gaining Complete Control of Your Money is...As we prepare for the launch of Season 3, we're taking a few weeks to highlight the top episodes of Season 2.
Next on the list is episode 84 from April of 2024...
In this episode, Bob and Austin discuss the importance of financial management and outline three pillars essential for financial success. They emphasize the significance of having a vision or setting goals as the first pillar, followed by creating a plan or budget as the second pillar. They delve into the tactical aspects of budgeting and emphasize the need for understanding...2025-01-2442 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 103-Money Chat w/Austin: Sharing Flashbacks and Future PlansIn this episode, Bob claims the host and interviewer seat as Austin answers questions about past life experiences, mindset and what he's learned in the last 12 years about money management.
If you want to get inside his head and hear how he has handled challenges, successes and big decisions, this is the podcast you can't afford to miss!
Ready to take the next step in gaining complete control of your money?
1. Discover the 5 budget categories you need to be in control of your money
Or
2. Schedule a FREE Discovery Call to deter...2024-12-2734 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 102-Money Chat w/Bob: Unfiltered Opinions about Money & MarriageIn this episode, Austin interviews Bob to learn his opinions around mindset and money mistakes. Bob shares what he wishes he'd learned 20 years ago about money and marriage and why he thinks most couples today don't achieve the level of financial success they are truly capable of.
It's a thought-provoking, unfiltered conversation that you don't want to miss!
Ready to take the next step in gaining complete control of your money?
1. Discover the 5 budget categories you need to be in control of your money
Or
2. Schedule a FREE Discovery Call to...2024-12-1328 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 101- Is Trump Going to Bring Economic Freedom or Failure?Election day has come in the US and the people have spoken that Donald Trump is their presidential candidate of choice. But what does that mean for families across the country when it comes to their finances?
This week, Bob and Austin discuss how presidential elections may or may not impact your financial management and how to prepare for the next four years.
Ready to take the next step in gaining complete control of your money?
1. Discover the 5 budget categories you need to be in control of your money
Or
2. S...2024-11-2941 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 100-What Your Spouse REALLY Meant to Say Was...Let's face it - men and women communicate completely different. And sometimes, the way we interpret what our spouse said isn't at all what they meant.
This week, the couples pair up again to reveal what each spouse thinks when the other talks. In a comical, but somewhat serious demeanor, Austin, Bob, Laura and Kate each provide their own interpretations for common phrases shared regarding money.
The polarity AND commonality with make you want to test the responses with YOUR spouse and learn more about how they think about money.
Ready to take...2024-11-1541 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 98-Marriage Blunders or Budgeting Bliss?Budgeting with your spouse is no simple task. But budgeting without your spouse is an impossible feat. This week, Austin and Bob bring their wives back to the show to share their success stories and lessons learned about budgeting as a couple.
True to form, there are numerous differences in opinions, approaches and strategies used by each couple, but a few key lessons remain the same among all parties.
As Austin & Laura reflect on their journey to clearly communicate with each other, Bob & Kate share their struggles and successes with managing separate, and now combined...2024-10-181h 10The Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 97-Because Your Kids are Always Watching w/Dawnette PalmoreThis week, financial coach Dawnette Palmore joins Austin to discuss her journey of overcoming personal and business financial challenges.
Dawnette highlights the impact of financial stress on relationships and the need for open communication with your spouse AND with your children. She offers insight into how couples can work together to achieve financial peace and model healthy money habits for their children.
As she and Austin discuss different strategies for communication, Dawnette reminds that modeling sound financial management habits are important to help kids have a solid foundation when they grow older. Topics such as...2024-10-0437 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 96-Husbands vs Wives...Who Should Call the Shots?This episode dives into the dynamics of financial management within a marriage, discussing who should take the lead in budgeting. Austin and Bob highlight that there is no one-size-fits-all approach; instead, it depends on the unique strengths, preferences, and circumstances of each couple. While traditionally, wives may take the lead due to their attention to detail, there's a growing trend of husbands stepping up to manage finances, emphasizing that both roles are valid depending on the couple's dynamics.
They discuss various scenarios where one spouse might naturally be better suited to handle the finances, while the other...2024-09-2042 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 95-3 Financial Questions Every Married (Or Engaged) Couple Needs to AskWhether you're engaged, recently married or celebrating a decade as husband and wife, talking about money with your spouse is something you're probably scared to do. But it's the key to developing healthy money management habits as a couple and winning with money in your marriage.
Unfortunately, many couples wait to talk about money until there's a big decision to make or they face conflict. And that only makes the decision and conversation hard(er).
In this week's solo episode, Austin shares 3 questions that every couple needs to ask each other to make sure they...2024-09-0621 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 94-Understanding What Your Spouse Thinks About MoneyThis week, Austin and Bob discuss the concept of "Nerds" and "Free Spirits" when managing money in a marriage. They share their own tendencies with money and why couples often face challenges when merging their different financial habits into one combined method.
Austin and Bob highlight the importance of understanding the Nerd and Free Spirit tendencies in a relationship so each spouse learns how to communicate with and respect their partner when discussing money and finances. And they emphasize how this practice helps alleviate many financial conflicts in a relationship.
Ready to take the next...2024-08-2355 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 93-3 Ways to Guarantee Your Financial Success w/James & Amberlee RichAustin Black welcomes James and Amberlee Rich, founders of Rich Living Coaching, to discuss their work in helping couples reduce financial stress and build confidence. They emphasize automating good financial behaviors, celebrating small wins, and the transformative power of clarity in managing personal finances, illustrating how these strategies empower clients to change their financial identities and habits for the better.
Their conversation centers around the importance of coaching, particularly in financial and personal development realms. James and Amberlee emphasize that while information is abundant, transformation comes from applying knowledge with personalized support. They discuss how coaching accelerates...2024-08-0256 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 92-Why Investing May Not Be a Good Savings StrategyIn the final episode of the savings series, the conversation focuses on distinguishing between savings and investing. Savings involves putting money in a bank or money market account, offering low risk and moderate returns, mainly for short-term goals and emergencies. Investing, on the other hand, involves higher risk for potentially higher returns over the long term, such as through stocks or mutual funds. Austin and Bob highlight the importance of understanding the right time and place for each strategy, particularly for those new to financial management.
They emphasize that a balanced approach, including both savings for security...2024-07-2643 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 91-The Dangers of Not Talking About Money With Your Spouse w/Brian MadeleineBrian Madeleine of Madeleine Financial Coaching joins the show this week to talk about a shift in his client base towards couples needing help with debt and financial organization. He and Austin emphasize the impact of recent economic challenges, such as inflation, on people's financial habits and stress levels, highlighting the necessity for regular financial check-ins and effective communication within relationships.
Austin and Brian discuss the difficulty couples face in managing finances amidst busy schedules and economic pressures, and agree that despite the challenges, open communication and shared responsibility are crucial for achieving financial stability and success.2024-07-1240 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 90 - Is Building Your Savings More Important Than Paying Off Debt?In part 3 of the Savings Strategies series, Austin and Bob discuss if couples should put their extra money toward building their savings or paying down debt. Spoiler alert - the answer is "it depends".
Austin and Bob help couples analyze the many variables that impact this decision and discuss the difference in interest rates vs financial momentum, along with the type of debt you're carrying.
Ready to take the next step in gaining control over your money?
1. Watch my free training on the 5 budget categories you need t...2024-06-2835 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 89-Why Financial Coaching is NOT Financial Advising w/Jessica PrattAustin is joined by Jessica Pratt, a financial coach and founder of WyoU Financial Strategies. Jessica discusses her passion for helping people make confident spending decisions to save money for various goals like investing, managing risk, or simply having more fun.
Austin and Jessica discuss the distinctions between financial coaching and investment advising, agreeing that while financial advisors often concentrate on investable assets, financial coaches help clients build a strong foundation to prepare for investments.
Jessica discusses her experience helping clients develop financial systems tailored to their needs, emphasizing the importance of consistency in managing f...2024-06-1440 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 88-If Saving Money is Hard for You, Here's WhyIn part 2 of the Savings Strategies series, Austin and Bob explore the importance of savings in financial management and provide tips on how to get started. The discussion covers challenges people face when trying to save, such as societal pressures to spend and a scarcity mindset.
Their discussion revolves around the importance of balancing financial decisions with mental and emotional well-being, as they touch on the mindset challenges people face when saving money. They continue by highlighting the importance of budgeting and tracking expenses to gain control over finances and conclude with sharing how they as coaches c...2024-05-3155 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 87 - Aligning Your Financial Focus with Your Spouse w/Angie CarlsonAustin welcomes Angie Carlson, a financial coach with over 20 years of experience in finance, including a decade as a financial aid director. Angie owns Carlson Financial Coaching and specializes in helping clients manage their finances through better money communication, particularly among couples.
Angie shares her personal experience of overcoming financial struggles with her husband, emphasizing that their success came from improving their communication rather than simply following a budget. They paid off significant debt and managed financial crises by agreeing on priorities and refining their approach through experimentation. She believes in making incremental changes rather than overhauling...2024-05-1741 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 86-Saving Money Might Be a Bad ChoiceThis week, Austin and Bob begin an extensive series on savings strategies…but not from the standpoint you might expect. In fact, this first episode will explore different attitudes towards saving, from extreme penny-pinching to a more balanced approach, and why you might be causing more harm than good to your financial management if you save for the sake of saving. Instead, they talk about the importance of having a purpose and strategy behind saving and discuss the impact of early life experiences on one's mindset about money.
Key Points Highlighted:
1. Why You Need to Be...2024-05-0339 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 84-The Secret to Gaining Complete Control of Your Money is...In this episode, Bob and Austin discuss the importance of financial management and outline three pillars essential for financial success. They emphasize the significance of having a vision or setting goals as the first pillar, followed by creating a plan or budget as the second pillar. They delve into the tactical aspects of budgeting and emphasize the need for understanding the emotional intelligence around money. Finally, they highlight the third pillar, which focuses on managing behavior, taking personal accountability, and committing to actions to achieve financial goals.
They discuss the challenges and rewards of this process, emphasizing...2024-04-0541 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 83-From Money Trauma to Financial Freedom (David & Paige Lea Testimony)David was raised to believe that money was bad and Paige grew to have a scarcity mindset around finances. When the two got engaged, it quickly became clear that money was a pain point for them both. Fortunately, they connected with Austin and joined his coaching program, which has completely transformed their financial understanding and success.
This week, David and Paige share their story of finding Austin and going through his coaching program, revealing the monumental changes they experienced around understanding and managing money as a couple. Hear how their experience and commitment has allowed them to...2024-03-2246 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 82 - Why Bob is Nervous About Budgeting this YearComing off our conversation around managing finances and bank accounts as a couple, Bob shares his experience transitioning from managing expenses and a budget separately from his wife, to combining their expenses into a shared budget, while still maintaining separate checking accounts. This change was motivated by past struggles with financial management in previous marriages. Bob and his wife now use a joint budgeting app to track expenses, and continue to work on aligning this method with their individual budgeting styles. He talks about the benefits, challenges and overall perspective he is experiencing and how he hopes this will...2024-03-0828 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 81-Will Separating Your Money Unify Your Marriage?There can be strong opinions around the best ways to manage finances as a couple. One of those opinions includes whether to keep finances combined into one account or separate into different accounts. This episode touches on personal experiences and perspectives Bob and Austin have with each approach, with one advocating for combined finances for the sake of unity and trust, while the other shares cautionary experiences and concerns about trust and accountability. They highlight the complexity of managing finances as a couple and the importance of finding a strategy that works best for each unique relationship.2024-02-2337 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 74 - Why Your Income Doesn't Matter!We've all heard, and maybe said, the lies of society that you don't make enough to get ahead and being in debt is just a way of life.
Whether you feel like your paycheck isn't big enough, or you should be farther ahead because it is....the reality is the money isn't the problem.
This week - we face the fallacy head on that your income is what causes financial success and reveal what REALLY causes you to win with money. 2023-10-2025 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 73 - Facing Your Financial Fears with ConfidenceWe all deal with fears around money. Will we have enough, are we managing it the right way, what if something happens? Or worse - I'll never be able to get ahead.
But financial fears don't have to be the way we think about money for the rest of our lives. In fact, letting your fears dictate the way you manage money will likely be the number one obstacles that holds you back from achieving control of your finances.
This week, we discuss why financial fears are so prevalent in society and how you can...2023-10-0728 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 72- Being in Debt Isn't an Excuse (Tithing Part 3)It seems harsh, but just because you're broke or in debt doesn't give you an excuse to not tithe or be generous. In fact, as we wrap up our series on tithing and generosity, we explore why it's even more important to give during challenging financial times. If you've ever felt nervous about tithing, this episode will bring you motivation and encouragement to put those hesitations aside and step forward with an expectation of God's blessings when you DO give.
2023-09-0831 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 71-How Much Do YOU Give?? - Tithing Part 2If you have attended church for any amount of time, you've probably heard of "tithing" or giving money to the church. It's a foreign concept for anyone who isn't a Christian or doesn't have a thorough understanding of the Bible. But even for those who DO understand what a tithe is, talking about it is often off-limits. This week, we're continuing our series on generosity and tithing by calling out why this topic is so sensitive in the church and how you can approach it with a Biblical perspective.2023-08-2545 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 70-Focusing on Generosity First w/Randy BowenAfter a few months off air to take care of life, we're back in the studio and excited to kick off a series on generosity and tithing! This week's guest, Randy Bowen, walks us through the mindset shifts necessary to make generosity a focus regardless of where you are financially. He addresses the benefits of giving, the best way to get started and why you should give even when you don't have extra money to do so. 2023-08-1142 min
The Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationWhy we weren't here last week....quick show updateHey did you miss us last week?! Well there's a good reason why we weren't able to have this recording online in time...and why we are taking a short break on releasing any new episodes for a few months. Listen to a quick update on The Heart of Money and what you can expect for a few weeks.2023-03-0704 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 69-Understanding Your Spouse’s View of Financial Freedom w/Julia BarbaroJulia Barbaro was more than afraid to move her family of 6 kids from New York to Florida, but she told her husband yes. As they began the next chapter of their lives, growing closer as a couple required more honesty, support and understanding of each other.
This week, Julia shares how she and her husband used very differing views of financial freedom to encourage and support each other to find new opportunities, passions and experiences as a family.
Learn how to effectively communicate with your spouse about money and av...2023-02-2448 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 68-When Men and Women Collide on Money (Part 2)It’s true-men and women think differently, talk differently and understand money differently. Which can make for some interesting, and sometimes challenging, financial discussions. So how DO you get your husband to talk about sensitive, emotional subjects like money, without making him feel judged or critiqued?
Part 2 of our series on men and money conversations opens the door for how men naturally respond to these types of conversations and how you can guide them to articulating the answers you need.
Learn how to effectively communicate with your spouse about mon...2023-02-1723 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 67-The Trick to Getting Your Husband to Talk About Money (Part 1)Most men don’t like to talk about money or emotions. But the reality is money is emotional and we all have to deal with it. Unfortunately, this dynamic makes some conversations between men and women very challenging. So we’re taking a deep dive at how men and women can have effective conversations around money. And we’re bringing our expert wives to the table!
If you’ve ever wanted to get inside a man’s head or hear tips from other women for communicating with their spouse, don’t miss this 2 part series on men...2023-02-1045 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 66-What Does Money Mean to You? w/Ashley HarwoodHaving moved across the country more than once, and experienced every lifestyle from minimalist to wealthy, real estate agent Ashley Harwood holds a very unique perspective on life, finances and what really matters. This introvert turned successful investor and coach understands that money isn’t the focus, but rather the means. And in each stage of financial success she has experienced, she has found satisfaction in what matters at that moment.
This week, she shares insight into finding peace and contentment regardless of her financial status. And we discuss the varying degrees of financial st...2023-02-0343 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 65-Your Formula for Financial Success #AtomicHabitsforFinances (Part 4)In our last episode of the series on atomic habits, Bob presents a look at the Diderot effect and how it impacts our buying habits subconsciously. We highlight the fact that habits are most effective when they happen subconsciously as well and share the formula for creating real financial habits that will make big impacts on your life.
Learn how to effectively communicate with your spouse about money and avoid frustrating arguments!
Get the “6 Secrets to Healthy Money Conversations” at
www.freedommoneycoach.com/moneyconversations
Download a FRE...2023-01-2723 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 64-Your Reaction May Be More Important Than Your Actions #AtomicHabitsforFinances (Part 3)Reactions are often instinctive. You don’t think about them and sometimes don’t even realize you have them. That’s why they are powerful when creating habits!
In part 3 of our atomic habits series, we talk about why sheer will power often isn’t enough to implement a new habit. And why establishing “triggers” to cause us to react is more effective is the long run.
Learn how to effectively communicate with your spouse about money and avoid frustrating arguments!
Get the “6 Secrets to Healthy Money Conversations” a...2023-01-2028 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 63-You Can’t Gain Traction Without a Little Friction #AtomicHabitsforFinances (Part 2)The 2nd law of creating atomic habits is to make it attractive. Consequently, the 2nd law of BREAKING habits is to make them unattractive. Part 2 of our series on atomic habits for finances discusses why it’s easier to “slip” on creating new habits when there isn’t anything to stop bad behavior. In a society where spending money is becoming easier and easier, it’s vitally important to place roadblocks and barriers up that make bad habits harder to keep.
Learn how you can create healthy friction with your management and make good habits easi...2023-01-1332 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 62-Why You Might Fail Making a New Habit #AtomicHabitsforFinances (Part 1)What better way to kick off the new year than with new habits?! This month we’re taking a deep dive into the book Atomic Habits by James Clear and applying the principles to our finances. Part 1 of this series examines the fundamentals of building habits and why most people fail miserably.
As we break down the steps of habit creation, you’ll learn how to create SMALL changes in your daily routine that make BIG results over your lifetime.
Learn how to effectively communicate with your spouse about money...2023-01-0639 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 61-Waking up to 2023...Our Money Missions for the New YearAs we knock on the door on another new year, it’s CRAZY to think about what happened in the last 12 months!! Bob and I each experienced our own set of successes, challenges and journeys. And now, we’re gearing up to take ownership of 2023.
It’s a 4-person panel again as we bring the wives to the table for reflection, celebration and motivation to recap the year and share our money missions for the future!
Learn how to effectively communicate with your spouse about money and avoid frustrating argume...2022-12-3035 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 60-Why Don’t Americans Talk About Money? w/Suzanne ScullionAccording to financial coach Suzanne Scullion, there’s two things Europeans talk openly about…money and sex. But in America, these topics are considered off-limits to most couples, especially in a public setting. While this is generally a good societal rule to follow, it also opens the door to inner turmoil and self-sabotage in extreme situations.
This week, we dig into the intimate conversations couples, and their friends, need to have with each other regarding finances as Suzanne shares the benefits of open communication…and the detriment of hidden thoughts.
Conne...2022-12-2340 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 59-Establishing Your Financial Boundaries for Success w/Jaime KonzelmanDancer turned executive coach Jamie Konzelman has experienced the highs and lows of financial success. What started as a lucrative and trendy career in adult entertainment turned into her questioning her motivations in life. Forced to acknowledge her boundaries, Konzelman spent the next several years learning how money can bring incredible opportunities and internal dismay.
As we dig into her background and experiences, you’ll learn how you can develop a healthy relationship with money so it creates opportunities without ruining your life.
Find her book “Dealmaker” on Amazon or connect with her online at www.ja...2022-12-1647 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 58-Why I Hate Insurance (And Still Pay for It)It’s really hard to pay money month after month, year after year, for something that you rarely ever use. At least, you hope you rarely use it. Insurance is one of the few things in life that we hate to buy but know we need.
This week, we discuss the reason we’re more willing to spend money for protection as we get older and why you should to.
Learn how to effectively communicate with your spouse about money and avoid frustrating arguments!
Get the “6 Secrets to Healthy Money Conversa...2022-12-0937 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 57-Trusting Your Core Values for Money w/Jason MedowsWhat guides your decisions to spend or save money? How do you decide if you should wait for a purchase or pull the trigger? Are you confident in what your future holds, regardless of what happens today?
It can be easier to get distracted from what’s important in life and be swept away by the present desires, wants and attractions. But when it comes down to it, you are in control of your decisions if you know how it affects your future. This week, we visit with Jason Medows, rancher and podcast host of...2022-12-0242 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 56-Are You a Christmas Crazy?Let’s face it, Christmas can make you crazy! Parties, family gatherings and gift lists often make us go overboard and feel overwhelmed. But there IS a way to make the holiday season a little less cash crippling and stress inducing. And it starts with proper planning and expectation. In this episode, we talk about our Christmas traditions, gift buying protocols and how to make the budget behave while still being generous and thoughtful.
Learn how to effectively communicate with your spouse about money and avoid frustrating arguments!
Get the “6 Secrets to Healt...2022-11-2544 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 55-Is Your 4-Year-Old Financially Savvy?Teaching our kids about money management, budgeting, spending and saving is often reserved for their teenage years when they get their own job, car and responsibilities. But often times, kids have already shaped their understanding of money and financial habits long before then. They may not know the details of how to manage money, but they have seen and heard enough to have their own opinion.
Following the conversation about kids and credit cards, we’re wrapping up this series of parenting podcasts with a reflection on what we need to teach our kids ab...2022-11-1843 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 54-What Kids Need to Know Before They Swipe (the card) and GoContinuing the conversation about the benefits and dangers of teaching kids how to use credit cards, we examine the necessary components of financial literacy that kids need to not develop poor money management habits.
If you are committed to using credit cards as your preferred payment choice, it’s important to have frequent conversations with your kids about judicious card management. This week, Bob shares valuable insight around what parents should communicate to their kids early on to create proper spending habits.
Learn how to effectively communicate with your spou...2022-11-1124 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 53-The Best Way to Ruin Your Child’s Financial FutureKids seldom have full comprehension of the implications of their actions. They see what their parents and friends do, and follow suit. But often they don’t understand what will or can happen as a result. When it comes to managing money, following suit may be a very risky approach. This week, we cover the detriments that can happen when kids and credit cards get mixed together.
Learn how to effectively communicate with your spouse about money and avoid frustrating arguments!
Get the “6 Secrets to Healthy Money Conversations” at
www.freedommo...2022-11-0425 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 52-The Best of Season 1
"The Heart of Money podcast, hosted by Austin Block and Bob Wessler, recently completed its first season with 52 episodes. Focusing on monetary impacts in life and smarter financial decisions, the podcast had revealed the hosts' experiences, offered money management tips, and welcomed guests to diversify the conversation. The hosts acknowledged the growth of their male listenership, besides various technical challenges faced. The conversations typically covered budgeting, investing, retirement, and spending habits, alongside personal stories from the hosts. They plan to review the top five episodes for audience engagement. Discussions also included personal budgeting habits, care for personal...2022-10-281h 02The Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 51-When Christmas Presents Make You Mad w/Dana Che Williams
In "Heart of Money" podcast episode, hosts Austin Black and Bob Wessler interact with Dana Shea Williams, a relationship coach, about managing finances within a relationship. Dana shares her personal experiences of contrasting money management styles with her husband, highlighting how they learned to balance each other's attitudes over time. She emphasizes the importance of understanding, rather than agreement, in dealing with financial matters in a relationship. Dana also underscores the impact of underlying beliefs around money and the importance of sustaining the desired lifestyle over mere accumulation of wealth. Towards the end, Dana suggests listeners to...2022-10-2138 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 50-Making Your Millionaire Choice w/Tony BradshawIn the 50th episode of the Heart of Money podcast, host Austin Black and guest Tony Bradshaw discuss their belief that everyone should aspire to or be a millionaire. They discuss the importance of effective financial decisions, individual money management methods, and shared financial goals in relationships. Bradshaw, from poverty, became a millionaire by age 40 thanks to his strong work ethic and a shift in mentality towards abundance. He functions as a financial mentor through his show, 'The Millionaire Choice', and accompanying book. Sharing his financial journey, he advised couples to align their financial goals to avoid potential marital...2022-10-1438 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 49-It’s Ok to Be Boring
Austin Black and Bob Wesser, hosts of the Heart of Money podcast, discussed the influence of money and strategies for efficient money management in a recent episode. They examined the "Shiny Object Syndrome" and expressed their skepticism about volatile investment trends like cryptocurrency and hasty real estate flipping. They encouraged diversified, long-term investments, and understanding one's risk tolerance based on individual circumstances. The hosts also highlighted how COVID-19 led to an influx of money into the market. Concluding, they reminded listeners to avoid "get rich quick" schemes and instead focus on consistent, long-term investments for wealth accumulation.2022-10-0741 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 48-How to Embrace and Overcome Your Financial Traumas w/David Lea & Paige StuartThe Heart of Money podcast featured David Lee and Paige Stewart, founders of 'Daring Deeply Life Coaching'. Their service aims to support individuals and couples seeking emotional healing, personal growth, and transformation by combining trauma healing with exploring masculine and feminine energies. The importance of harmonizing these energies within oneself and relationships was discussed, alongside the dynamics these energies contribute to. Topics of conflict and passivity arising from clashing or duplicating energies, as well as inversion in energy polarity, were also presented. Effective communication, especially regarding financial matters, was emphasized, with one speaker, Owen Austin, sharing personal experiences. The...2022-09-3052 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 47-Are You Willing to Push the Envelope When You Negotiate?
In Episode 47 of the Heart of Money podcast, hosts Austin Black and Bob Wessler focused on the subject of stewardship and negotiation. They stressed the essentiality of confidence, knowledge, and the strength to retreat during negotiations. They offered strategies such as setting initial negotiation parameters with a low offer, embracing silence, and readiness to refuse. They further underlined that the first offer is usually not the lowest and advocated for strong negotiation. The episode concluded with the introduction of a new tool, the Money and Marriage Success Guide, designed to aid couples in achieving financial harmony. The...2022-09-2316 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 46-How to Negotiate Without Being a Pushover
In Episode 46 of the Heart of Money podcast, hosts Austin Black and Bob Wessler explore the importance of negotiation in financial management and wise purchasing. Black approaches negotiation from a research and value-driven standpoint, while Wessler prefers extensive research and seeking fair deals. The hosts address apprehensions about negotiation, particularly among women, advocating for it as a tool for smart purchasing decisions. Tactics for buying vehicles and large items are discussed, emphasizing pre-purchase research, understanding the item's worth and readiness to leave a deal if the price isn't suitable. They caution that cash might not confer the...2022-09-1632 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 45-Taking Control of the Money You EarnedIn the 45th episode of the Heart of Money podcast, hosts Austin Black and Bob Wessler explored the concept of financial stewardship, including personal financial management experiences and insights on spending and investing. Austin emphasized the need to understand stewardship in the context of money management, while Bob underscored the importance of being a mindful spender, especially for necessities like food and shelter. The hosts briefly discussed the Christian understanding of stewardship and highlighted the significance of purposeful investing and diversification. They also hinted at a future discussion on negotiation strategies.
Key Points and Quotes H...2022-09-0922 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 44-3 Ways to Support Your Crazy Entrepreneurial Spouse!
The 44th episode of "The Heart of Money" podcast, hosted by Austin Black, had Sarah, a renowned business coach, author, and philanthropist as a guest. The talk centered on smarter money decisions, financial management strategies, and the intricate balance between personal and entrepreneurial life. Drawing experiences from her own journey, Sarah emphasized the importance of financial and emotional support in business ventures, particularly for couples. She advised formal financial agreements in a relationship when embarking on a business path. During the conversation, the concepts of including spouses in decision-making, financial responsibility, and the potential for a training...2022-09-0243 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 43-What’s the Goal You’ll Never Achieve? (Dream Meeting Part 4)
In Episode 43 of the Heart of Money podcast, host Austin Black concluded the series on Dream Meetings, concentrating on marital finances and goal setting. The episode emphasized the need for frequent communication in maintaining financial unity. Guest speakers Bob and Kate advised on long-term gain focus, effective communication, and setting ambitious yet realistic goals. Their insights included sharing past experiences about major purchases. A new training program, "Money and Marriage Success Guide," was introduced and flexibility in dealing with unforeseen expenses was stressed. The importance of mutual planning and communication in achieving long-term goals was reiterated.
2022-08-2617 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 42-How to Take Charge of Your Life When Your Dreams Get Delayed (Dream Meeting Part 3)
In episode 42 of The Heart of Money podcast, host Austin Black and guests, Bob and Kate, emphasized the significance of aligning dreams within a relationship and managing setbacks effectively. The guests mentioned the relevance of open communication and flexibility in marriages, and recommended regular "dream meetings" to track progress. The discussion also highlighted the importance of specificity, patience in goal-setting, and shared experiences in dealing with unexpected monetary issues. A speaker, who has achieved financial independence, advised couples on managing finances and discussed his Money Mastery program tailored to guide couples towards financial control. The topic of...2022-08-1932 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 41-Do You Have What it Takes to Dream Big? (Dream Meeting Part 2)In the Heart of Money podcast, hosts Austin Black, Laura, Bob, and Kate discussed the crucial nature of tactical financial conversations. Their conversation touched on their personal experiences, including the influence of education and travel on financial choices, and the importance of teaching financial awareness to children. They highlighted the creation of a million-dollar net worth and debt-free living as significant financial objectives. In relating financial planning to relationships, they stressed the need for couple's agreement on financial goals. They advocated for extraordinary, debt-free goals and underlined the difference between 'dream meetings' for long-term aspirations and 'budget meetings' for...2022-08-1245 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 40-The Money Conversation Every Married Couple Has to Have (Dream Meeting Part 1)
The Heart of Money podcast, in its 40th episode, welcomed guest couple Kate and Bob Whistler. The discussion centered on the critical aspect of aligning vision and mindset in financial planning within a relationship. The Whistlers, drawing from previously challenging financial experiences, shared their financial management strategies in their current marriage- applying a strict "no debt" policy and working towards unified goals, despite budgeting separately. The necessity of "dream meetings" for long-term financial planning in relationships was underscored as a tool for empowering couples in their financial journeys. Additionally, the importance of maintaining financial discipline and tracking...2022-08-0533 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationBONUS-Creating an Environment for Massive Growth (lessons learned from an ear of corn)What does sweet corn and your financial success have in common? Their growth doesn't happen overnight, unless you have the right conditions. Learn how you can create an environment for massive growth in your money and marriage by raising sweet corn.2022-08-0211 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 39-Why You Have to Create Space for Effective Communication w/Katie Mae WebbIn a recent episode of "The Heart of Money" podcast, successful business and marriage coach Katie Webb was a special guest. She shared her personal and professional experiences, starting with a recent family trip to Disneyland with her two children. Despite the trip's challenges, Katie found it enjoyable but highlighted the need for recovery after such journeys. The discussion also covered money management and the value of being different. Katie also opened up about her personal journey to becoming a marriage coach. After deciding to be a stay-at-home mom, dependent solely on her husband's income, they experienced financial stress...2022-07-2935 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 38-Why Stubborn Husbands are Holding Back Their Families
In the Heart of Money podcast episode, hosts Austin Black and Bob Wessler highlighted three types of household financial health: struggling, doing fine, and those neither struggling nor striving. They stressed the importance of adaptability in improving financial situations, particularly urging men to be open to their often more change-ready spouses' suggestions. They recognized the significant role wives play in financial decision-making within a marriage, often leading financial peace initiatives, and suggested that their insights could avoid potential pitfalls. The hosts also offered a free guide on becoming debt-free. The episode concluded by reminding the audience that...2022-07-2229 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 37-Surviving the Grocery and Gas Bill-What You Can Learn from Inflation
In Episode 36 of the Heart of Money podcast, hosts Austin Black and Bob Wessler discuss the implications of the "buy now, pay later" financial model. Bob explains that this modernization of layaway allows consumers to purchase immediately and pay over an extended period. While it eases immediate financial pressure, it may also lead to debt accumulation if not managed properly. They highlight the potential exploitation of financially illiterate or economically unstable individuals. Bob shares his experiences with a six-month, 0% interest plan, detailing the challenge faced due to poor budgeting. The episode concludes with a warning about using...2022-07-1540 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 36-Nagivating the Buy Now, Pay Later TransactionIn Episode 36 of the Heart of Money podcast, hosts Austin Black and Bob Wessler discuss the implications of the "buy now, pay later" financial model. Bob explains that this modernization of layaway allows consumers to purchase immediately and pay over an extended period. While it eases immediate financial pressure, it may also lead to debt accumulation if not managed properly. They highlight the potential exploitation of financially illiterate or economically unstable individuals. Bob shares his experiences with a six-month, 0% interest plan, detailing the challenge faced due to poor budgeting. The episode concludes with a warning about using this method...2022-07-0833 min
The Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 35-Turning Financial Ruin into Financial Freedom w/Katie Hedrick
In episode 35 of the "Heart of Money" podcast, host Austin Black interviewed certified Christian life coach, Katie Hedrick about her financial journey. Hedrick described how she and her husband moved from financial ruin to stability, attributing their success to their faith in God, strict frugality, and adherence to financial principles found in Christian teachings. This process led them to establish a new successful business. The podcast highlighted the importance of resilience, consistency, faith and a positive mindset in achieving similar success. It also emphasized navigating life according to personal callings and acting as good stewards regardless of...2022-07-0133 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 34-Turn Your Bad Day into Your Best Day
In Episode 34 of "The Heart of Money" podcast, hosts Austin Black and Bob Wessler focus on the concept of small financial wins. They highlight the significance of consciously making better financial choices and cultivating small positive habits for long-term impact. Examples of small financial wins are waiting for sales before purchasing and using a 'debt snowball' method, which involves paying off smaller debts first to gain momentum towards clearing larger ones. They emphasized the need for a realistic budget and daily expense awareness and suggested finding contentment in little things. The discussion also included the importance of...2022-06-2433 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 33-You Probably Paid too Much for That-Auction Stories Part 2
Austin Black, on his podcast, 'The Heart of Money', dedicated an episode to the art and science of auctions, discussing the psychological, financial, and emotional aspects that influence bidding decisions. The host shared personal auction experiences, as well as some humorous anecdotes relating to different types of bidders – emotional attachment players, strategic hideaways, and last-minute snipers. Points emphasized included the importance of understanding the item's value, setting a bidding limit, being prepared, and not getting swept up in the thrill of winning. A debt-free calculator tool to manage debt payments was also briefly mentioned. The speaker encouraged li...2022-06-1732 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 32-Don’t Try to Outbid the Amish-Auction Stories Part 1
In the 32nd episode of "The Heart of Money Podcast," hosts Austin Black and Bob Wessler discuss their experiences with auctions in both in-person and online formats. Wessler mentioned he typically bids through another person since he hasn't attended a live auction in over 20 years, while Black prefers online bidding from his phone. They also discuss the change in digital marketplaces, especially highlighting eBay and the shift from traditional auctions to the "buy it now" option. They shared their experiences with buying items such as car parts and old toys at lower prices from auctions, and discussed...2022-06-1027 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 31-Creating a Positive Financial Education for Your Kids w/Jeremy RoadruckThe 31st episode of the Heart of Money podcast, hosted by Austin Black, highlighted the subject of teaching children about money management, drawing on guest Jeremy Rod's experiences as a mindset and peak performance relationship coach. A significant portion of the conversation emphasized the importance of understanding and educating on genuine emotional responses tied to finances. Strategies included dividing children's money into portions for investing, saving, and spending, reframing language around financial constraints, and creating interactive educational financial activities to foster better understanding. Rod, also known as the Kung Fu Guy, used his varied experience to discuss overcoming obstacles...2022-06-0333 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 30-The Best College Graduation Present Ever-They Paid Me to Leave!
The 30th episode of the 'Heart of Money' podcast, hosted by Austin Bl and Bob Wessler, centered on the important topic of saving money for college. They shared personal experiences and advice about college savings plans, underscoring the benefits and limitations thereof. Bob detailed his approach for managing his children's college savings, emphasizing advantages like educational discounts and scholarships. Austin, a novice in the process, shared his utilization of the post-tax 529 savings plan that offers tax-free growth when used for education expenses. The hosts exhaustively discussed two main avenues for funding higher education - the Education Savings...2022-05-2735 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 29-The Best Gifts are Cards Flowers and Cash
In episode 29 of the Heart of Money podcast, hosts Austin Blythe and Bob Wessler explore the subject of gift-giving, its influence on relationships, and its role in personal finance. They discuss the significance of understanding the intention and perception surrounding gifts and the importance of timing and maturity. Blythe and Wessler share insights taken from their experiences of receiving large gifts, distinguishing between gifts given with expectations and those born from pure generosity. The podcast concludes with the hosts encouraging the audience to contemplate their own gift-giving behaviors and attitudes.
Key Points and Q...2022-05-2041 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 28-Play the Market or Pay the Interest?
In the 28th episode of the "Heart of Money" podcast, host Austin Blog and guest Bob Wessler explored the risks involved in debt and investment. They discussed factors that determine whether one option might be less risky than the other, admitting there's no definitive answer. The conversation examined debt versus investment from a long-term perspective, such as when one purchases real estate or makes retirement plans. The hosts underlined the importance of making considered decisions guided by understanding the market, emotional, logical, and economical parts, and avoiding impulse purchases. They warned about the risks in both debt...2022-05-1344 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationBONUS episode-You Don't Need to Justify a Smart DecisionHave you ever tried to convince yourself that you made a good purchase? STOP!!
There's a difference between justifying a purchase and making a smart decision. Don't get the two confused and don't feel bad about doing the right thing.2022-05-1106 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 27-How to Find the Holes in Your Financial Hierarchy w/Kayla Moline
In the 27th episode of "The Heart of Money" podcast, hosted by Austin Black, guest Kayla Moline, a business consultant, shared her journey from financial struggle to success. The discussion centered on the intersections of Maslow's Hierarchy of Needs with financial management, exploring how factors like emotional health, physical environment, and individual financial status impact personal well-being. The speakers suggested that by addressing basic needs and organizing one's physical surroundings, individuals could improve their financial and relational life. Moreover, they proposed setting small, reachable financial goals as a practical starting point for those feeling overwhelmed, and emphasized...2022-05-0639 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 26-The Top 5 Habits of Wealthy People Revealed (Part 3)
Episode 26 of the Heart of Money podcast, hosted by Austin Black and Bob Wessler, completes a series on the successful financial habits of wealthy individuals. Topics include the misunderstood art of investing, which for wealthy people typically involves assets that grow in value rather than tangible goods. The hosts underline the role of financial education and patience in investing, citing the 'set it and forget it' practice that allows growth over time. They also point to the critical nature of consistent investing, regardless of market conditions. Wealthy individuals often invest in 401ks, Roth IRAs and mutual funds...2022-04-2930 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 25-The Top 5 Habits of Wealthy People Revealed! (Part 2)
In the second part of the Heart of Money Podcast series, hosts Austin Black and Bob Wessler discussed the top five habits of wealthy individuals. Emphasizing the vital role of continuous education and learning in wealth accumulation, they suggested that the cessation of learning can hinder personal growth and wealth potential. They urged listeners to constantly seek knowledge from various platforms such as books, podcasts, mentors, and social groups. The hosts also underlined the importance of having an open mindset, fostering the desire to improve and grow. The final part of their series, which will focus on...2022-04-2228 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 24-The Top 5 Habits of Wealthy People Revealed!! (Part 1)
In the 24th episode of the Heart of Money podcast, host Austin Black and guest Bob Wessler discussed the significance of adopting the strategies of the wealthy for improved financial management. They emphasized that replicating successful models is more effective than inventing unique approaches. The discussion marked the beginning of a two-part series on the top five habits of rich individuals, aimed at helping listeners to reach their financial goals. Key points of wealth generation included the importance of savings, delayed gratification, thoughtful credit card usage, and robust financial planning. They acknowledged that while these strategies may...2022-04-1536 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 23-We Paid the Stupid Tax on New Cars and Credit Cards!! #BiggestFinancialMistake (Part 2)
In Episode 23 of the "Heart of Money" podcast, hosts Austin Black and Bob Wessler discuss their biggest financial mistakes and lessons learned. Austin shares an experience where he offered to purchase camera equipment for a non-profit group on a credit card in his name, acknowledging the potential risk it embodied. Both hosts underline the significance of early financial education to avoid such instances and encourage listeners to share their own experiences on the Freedom Money Coach Facebook page. They strongly advise against assuming third-party financial obligations due to the associated risk. The hosts appreciate their audience's support...2022-04-0828 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 22-We Paid the Stupid Tax on New Cars and Credit Cards!! #BiggestFinancialMistake (Part 1)
Episode 22 of "The Heart of Money" podcast, hosted by Austin Black and Bob Wessler, centers on important financial lessons learned from past monetary missteps. In this episode, Bob elaborates his unwise financial decisions made during car purchases due to inadequate research, peer pressure, and misconceptions promoted by car salespersons. Both hosts underline the significance of research, patience, and logical thinking in making substantial financial decisions like car buying and recommend against making hurried decisions under pressure. They also promote the upcoming free virtual event, the Revive Summit, aimed at helping people accomplish their goals. The episode ends...2022-04-0126 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 21-Why Your Definition of Financial Success Needs to Change
In episode 21 of the Heart of Money podcast, hosts Austin Black and Bob Wessler discuss the different personal interpretations of financial success based on experiences and goals. They highlight how these definitions can evolve, influenced by factors such as life's stages, lifestyle choices, and personal experiences. Austin Black encourages listeners to define their own financial success, adapting it as needed. Additionally, the hosts preview the upcoming Revived Summit on April 4-6, a free event that will cover topics such as marriage, parenting, Christian living, financial management, and personal development.
Key Points and Quotes Highlighted:
...2022-03-2538 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 20-Teaming Up With Your Spouse to Conquer the Budget #BudgetingWithYourSpouse (Part 2)Continuing the “budgeting with your spouse” series, Austin and Laura discuss their approach to the practice and their differing financial personalities. They reflect on their initial challenges in merging their financial habits and finding a system that works for both of them, including how they handled misunderstandings and lack of engagement. They also discuss the dynamic nature of budgeting, acknowledging the need for adjustments throughout the month based on changing expenses, and share the strategies that have helped them maintain personal freedom AND accountability with the budget.
Ready to take the next step in gain...2022-03-1845 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 19-Can Your Spouse Be Trusted to Handle Their Own Budget? #BudgetingWithYourSpouse (Part 1)This episode revolves around managing finances within a marriage, specifically discussing the dynamics of budgeting separately versus together. Bob shares his experience of dividing expenses based on individual salaries and responsibilities, emphasizing the importance of trust and communication in managing separate budgets effectively. He highlights challenges such as unexpected expenses and the need for periodic reassessment. He and Austin agree on the necessity of finding what works best for each couple's situation and maintaining open communication. The conversation ends on the note that there's no one-size-fits-all approach to financial management in a relationship.
Ready...2022-03-1143 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 18-How Saying "Not Yet" Helped Us Become Debt FreeIn Episode 18 host Austin Black features his wife, Laura, for a special episode. Austin and Laura discuss their journey to paying off their mortgage early and share a significant milestone: their recent appearance on The Ramsey Show, where they celebrated their debt-free status with Dave Ramsey.
The episode includes a clip from their appearance on The Ramsey Show, where they shared their story with Dave Ramsey and co-host George Kamel. After sharing the Ramsey Show clip, Austin and Laura delve into their personal story. Austin reflects on the impact Dave Ramsey had on his life, particularly how...2022-03-0448 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 17-Finding Intimacy and Freedom in Your Marriage with Money
In episode 17 of the Heart of Money podcast, hosts Austin Black and Bob Wessler discussed the impact of robust financial circumstances on various life aspects, especially marriage and relationships. They underscored the importance of prudent financial management, which can foster financial stability, peace of mind, and new opportunities - all critical factors for a strong marriage. Insights and experiences around buying decisions, the value in old items, and the trust earned through consistent, smart financial choices were also shared. Future plans for the podcast and a new mini-course titled "Money Secrets for Marriage" were also promoted.
2022-02-2539 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 16-Overcoming Marriage Struggles When Money is TightIn this episode, Austin and Bob discuss the challenges and dynamics of money in relationships, particularly focusing on how financial stress can affect marriages.
They agree that money problems often magnify underlying issues in a relationship rather than being the root cause. They stress the importance of addressing these deeper issues to improve financial harmony and touch on the role of budgeting, and the importance of having an emergency fund to alleviate financial stress.
Ready to take the next step in gaining control over your money?
1. Download the “6 Secrets to Heal...2022-02-1837 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 15-Our Biggest Money Wins (Part 2)Bob and Austin delve back into their financial wins, focusing on paying off mortgages and buying vehicles outright. Austin shares how he and his wife paid off their mortgage early, attributing it to budgeting and financial discipline. He and Bob discuss the emotional and practical aspects of their decisions, including the freedom from debt and the satisfaction of owning assets outright. Bob adds his perspective on mortgages, emphasizing the opportunity cost of paying off debt versus investing in the market. They also discuss the exhilaration of negotiating vehicle purchases with cash.
Ready to take t...2022-02-1139 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 14-Our Biggest Money Wins (Part 1)This episode kicks off a new series focusing on celebrating financial successes and motivations. Bob and Austin share their biggest money wins, emphasizing that success in managing money extends beyond simply paying off debt or saving. Bob discusses paying off his ex-wife's debt, despite eventual challenges in their relationship, and ensuring financial stability for his children. He also shares strategies for purchasing vehicles, emphasizing the importance of being specific about what you want and being patient to find the right deal.
Austin and Bob highlight the challenges and rewards of financial management, emphasizing that success lies not...2022-02-0426 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 13-Improving Your Mental Health Through Budgeting #BudgetingBasics (Part 3)Hosts Austin Black and Bob Wessler conclude their three-part series on budgeting by discussing the personal experiences and implications of budgeting. They emphasize the importance of consistency in budgeting, highlighting that every transaction matters and that budgeting provides control over one's finances. They debunk the misconception that budgets are restrictive, asserting that budgets are actually liberating and provide peace of mind. They illustrate how budgeting has been essential for financial stability, especially in situations of variable income or unexpected expenses, and they stress the importance of budgeting as the foundation for financial success.
Ready...2022-01-2814 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 12-What's The Perfect Number of Budget Categories? #BudgetingBasics (Part 2)In this conversation, Austin and Bob delve into the intricacies of budgeting. They emphasize the importance of consistent and accurate budgeting, regardless of the specific methods used. Austin shares his experience with the YNAB app, highlighting its usefulness in managing multiple budgets and categories. He discusses his extensive use of budget categories, explaining how it helps ensure all expenses are covered.
Bob adds his perspective, mentioning his use of Excel for budgeting and the importance of tracking expenses diligently. They discuss the evolution of their budgeting strategies over time, acknowledging that it takes practice to refine the...2022-01-2120 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 11-The Budget Category You DON'T Need #BudgetingBasics (Part 1)Austin and Bob host a three-part series on budgeting, emphasizing its importance in financial success. In the first episode, they focus on the fundamentals and share personal experiences with budgeting. They discuss the necessity of budgeting every dollar and caution against overspending, particularly on unnecessary items like clothing. They also highlight the importance of tailoring budgets to individual needs and circumstances.
Ready to take the next step in gaining control over your money?
1. Download the “6 Secrets to Healthy Money Conversations” guide
2. Register for my FREE masterclass “Financial Freedom Blueprint” here
Or2022-01-1423 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 10-The Millionaire Lie I Used to Believe #MoneyMythBusters (Part 4)In the final episode of the Heart of The Money Podcast's Money Mythbusters series, Austin and Bob discuss the myth that becoming a millionaire is unattainable. They emphasize that this belief is unfounded and that anyone can achieve millionaire status with discipline and time. They highlight the importance of consistent investing, long-term planning, and diversification of investments. They stress the significance of understanding financial concepts and seeking guidance if needed.
Ready to take the next step in gaining control over your money?
1. Download the “6 Secrets to Healthy Money Conversations” guide
2. Registe...2022-01-0722 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 9 - Uncovering the Credit Card Rewards SCAM!! #MoneyMythBusters (Part 3)In this conversation, Bob and Austin discuss the myths and realities surrounding credit cards, focusing on points, cash back, and responsible use. Bob emphasizes the importance of discipline, budgeting, and paying off the full balance monthly to avoid interest charges. He prefers cash back over points, cautioning against the complexities and limitations of point systems, especially airline miles.
The conversation also touches on the convenience and potential pitfalls of digital payment methods like using smartphones or wearables. Despite differing views on credit card usage, Austin and Bob highlight the importance of mindful financial management regardless of one's...2021-12-3127 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 8 - Why Tax Refunds are for Lazy People #MoneyMythBusters (Part 2)In this episode of the Heart of Money podcast, Bob and Austin host dive into the myth surrounding tax refunds. They discuss why tax refunds are not as beneficial as many believe them to be, emphasizing that they essentially represent interest-free loans to the government. They encourage listeners to aim for minimal refunds by adjusting withholdings appropriately and seeking sound financial advice, possibly from an accountant. The conversation also touches on personal experiences, tips for self-employed individuals, and the importance of understanding one's financial situation.
Ready to take the next step in gaining control o...2021-12-2430 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 7-Credit Score or Cash...Which Do You Choose? #MoneyMythBusters (Part 1)In this episode, Austin and Bob discuss various financial myths and the impact they have on personal finances. They particularly focus on debunking the belief that a good credit score is essential for financial success. Bob argues that while credit scores may be important initially, they become less relevant over time, especially for those striving to become debt-free. They explain that credit scores are heavily influenced by debt usage and payment history and emphasize the importance of having cash and a proven track record of financial responsibility.
Austin and Bob also share personal experiences where they were...2021-12-1734 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 6-Are Your Friends Holding You Back From Winning?This week, Austin and Bob converse on the importance of mindset, particularly in relation to success, money, and achieving goals. They discuss the dichotomy of "having" or "not having" money, advocating for a mindset of resourcefulness and long-term planning rather than instant gratification. They touch on topics such as the pitfalls of spending impulsively, the benefits of financial planning and saving, and the debate around taking on debt to achieve goals. They also highlight the significance of believing in oneself and cultivating a positive outlook, and the value of instilling a can-do attitude from a young age. Overall, they...2021-12-1043 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 5-How Your View of Money Will Dictate Your Financial Success (Part 2)The conversation delves into the pitfalls of living in a consumer society where many individuals live paycheck to paycheck, often going into debt to maintain a lifestyle they cannot afford. It highlights the importance of understanding the true cost of items purchased on credit, emphasizing the need to make conscious decisions about spending and debt. The dialogue reflects on societal pressures driven by social media, comparing oneself to others, and the constant pursuit of instant gratification.
Austin and Bob discuss their personal approaches to money management, advocating for living within one's means and embracing a frugal lifestyle...2021-12-0324 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 4-How Your View of Money Will Dictate Your Financial Success (Part 1)This week, Austin and Bob reflect on the importance of discussing foundational concepts about money before diving into budgeting. They explore differing perspectives on money, including whether it's seen as something earned to be spent freely or simply as a matter of having it or not. Bob views money as a tool for achieving goals, emphasizing responsibility and stewardship, while Austin sees it as a living, breathing entity that responds to how it's managed. They discuss the influence of upbringing, lifestyle choices, and societal pressures on spending habits. Their conversation highlights the importance of self-awareness and making informed decisions...2021-11-2626 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 3 - 20 Years and 2 Marriages Later...This is What I Learned (Part 2)In today's episode, we focus on Bob's financial journey and his experiences over the past 20 years. Bob reflects on his background, including how money was viewed in his family and the influence of both frugality and financial knowledge from extended family members. He shares insights into his financial habits, including budgeting and tracking expenses since a young age, as well as the importance of being on the same page with his spouse regarding finances. We discuss the breaking points that lead individuals and couples to seek financial guidance and the significance of having a clear financial plan. The conversation...2021-11-1934 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 2 - 20 Years and 2 Marriages Later...This is What I Learned (Part 1)Bob shares his personal journey with money management, discussing how financial struggles can significantly impact relationships, leading to divorce if not addressed. He reflects on the importance of financial education, acknowledging his own lack of understanding and highlighting the value of programs like financial peace courses in navigating financial challenges. Bob also describes the evolution of his money mindset, from initial financial difficulties to embracing a more prudent approach, leading to greater stability in his current marriage. Through his story, Bob highlights the importance of addressing financial issues proactively and the transformative power of financial education in shaping one's...2021-11-1233 minThe Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationBONUS episode--Why Money isn't About the NumbersBonus episode discussing how money isn't about the numbers and financial achievement is more than how much income you have versus expenses incurred.2021-11-1004 min
The Heart of Money | Financial Guidance for Couples, Money & Marriage, Motivation, InspirationEp 1-Discovering The Heart of Money | Too Broke for Groceries to $12,000 in SavingsWelcome to The Heart of Money podcast, where we share our past experiences, discuss how to make better money management decisions, and in the end commit to "being weird"! It's no hidden secrets in this show as hosts Austin Black and Bob Wessler share personal stories from their financial journeys and strive to help you make smarter money decisions.
We kickstart the show by discussing the emotional and mathematical implications of money and how it affects every area of our lives. People often think about finances and money management as being all about the numbers and income v...2021-11-0530 min