Shows
Young Black MRSBest of Financial Literacy MonthAs Young Black MRS takes a Spring Break, we've compiled a few of our favorite financial clips in honor of Financial Literacy Month.
First up, we rewind to our conversation with Stephanie and Marie of Winenance. We chatted about living paycheck to paycheck and the FIRE movement. Check out the full episode here.
In this episode, we flashback to our conversation with Danielle of Salt + Light to talk about the B word, you know, budget. Danielle explains the best way to get your budget start. Listen to the full episode here.
Let’s ke...2022-04-2140 min
Yo Quiero DineroHow To Use Your 401(K) To Pursue Financial Independence | Marie Coleman-Johns & Stephanie Stockwell, WinenanceEpisode 92 is all about how to use your 401(K) to pursue financial independence featuring the Winenance sisters, Marie and Stephanie!Marie Coleman-Johns and Stephanie Stockwell, aka, the “Sisters of Financial Independence” are personal finance educators and the founders of Winenance. Through their weekly YouTube show and podcast, investing workshops, and blog posts, they help women and people of color spend more intentionally, learn how to invest and grow wealth, and build a life of financial freedom. Having grown up financially insecure, they started out repeating the bad money habits they learned from their parents.Though they turne...2021-06-131h 03
Young Black MRSBlack MoneySeason 3 is bringing new topics, new guests and so many new things.
Morgane will be discussing topics important to the Black community all month and this episode's topic is on Black Money.
Marie and Stephanie, sisters and owners of the personal finance education company Winenance. will be joining her and sharing their wealth of wisdom. They discuss how they got started, what inspired them, the FIRE movement and why it is important for the Black community to apply its lessons, the trouble with a paycheck to paycheck mentality, the shame and secrecy with sharing finances, t...2021-02-041h 01
The Winenance Show12 | Our Fave Money Tips from Season 2This episode we have some holiday fun recapping some of our most favorite episodes of this season and discuss all the ways that Winenance Wednesday has helped you stop spending, grow wealth, and live more intentionally | Season 2 Recap of Winenance Wednesday:
Episode 12 time codes:
0:00 - Intro
2:20 - Topic introduction
3:13 - Episode 4: Tracking Your Expenses
6:30 - Episode 8: Why Small Expense can be your Biggest Expenses
8:13 - Episode 9: Qube Money
11:30 - Episode 2: How to Grow Wealth in Your 401K
15:57 - Episode 5: Simple Investing with Index Funds
18:18 - Episodes 6: All Things HSA
22:10 - Episode 10: Investing in Your HSA
25:30 - Episode 3: Living Intentionally Through Fi...2020-12-1645 minThe Winenance Show11 | Who Owns Your Time?Time - truly the most valuable asset we all have. So who owns your time? Do you work a 9-5 job (or even multiple jobs)? Are you in school working towards a degree for a future career? We all like to think that we are the masters of our time, but the reality may be quite different. When people first hear about the FIRE Movement (Financial Independence Retire Early), they think the money is the key, the solution to all their problems. But in reality, it’s about the freedom and opportunity to get back the one thing th...2020-12-1447 minThe Winenance Show10 | HSAs Part 2: How to Invest in Your 401KEpisode 10 | This is part 2 of our series on HSAs (Health Savings Accounts). Watch episode 6 for part 1: https://www.youtube.com/watch?v=qgAfS3sOqO4
In this episode, you'll learn how to invest in your HSA, and specifically:
1.) How many HSA banks allow you to invest your contributions tax free
2.) How you can open your own self-directed HSA, even if you already have one with your employer
3.) About unlimited annual trustee to trustee transfers (direct HSA to HSA transfers)
4.) How HSAs can be used like Traditional IRAs after age 65
SHOW NOTES...2020-12-0342 minThe Winenance Show9| Real-Time Budgeting with Qube MoneyFrustrated that you haven’t been able to stick with a budget despite trying all the apps and spreadsheets? Well Qube Money might be the answer. It’s a new digital cash envelopes app that ties budgeting to real-time spending. We truly believe this will be a game changer, so we had the pleasure of interviewing Scott Henderson from Qube Money.
Interested in trying out Qube? Visit www.winenancefi.com/qube and enter promo code WINENANCE25 for 25% off lifetime membership until 12/31/20.
Show notes: winenancefi.com/post/episode-9
TIMECODES
0:00 - Intr...2020-11-2251 minThe Winenance Show8 | Small expenses are your biggest expense"Oh, it's only $10 -- it's not much in the bigger picture...right?" WRONG. Little expenses add up and are collectively your largest expenses. Want to get a hold on your spending habits and start making headway with your bigger financial goals like traveling, starting a business, or even leaving your job? Look no further than your smallest expenses!
Show notes: https://www.winenancefi.com/post/episode-8
TIMECODES
0:00 - Intro
1:42 - Election 2020 | Marie's MSNBC Interview
7:43 - Why small expenses are your biggest expenses
2020-11-1455 minThe Winenance Show7 | The 2020 Election & Your FinancesWhat are the implications of the 2020 election on your finances? How are you going to handle uncertainty in the markets and in the world? We discuss how to stay calm, stick with your plan, and how to find financial peace as the outcome of the election is decided.
Show notes: https://www.winenancefi.com/post/episode-7
TIMECODES
0:00 - Intro
1:30 - The 2020 Election + Winenance
7:16 - How to take control during uncertainty
8:55 - Consistency + sticking to your plan
10:44 - Be proactive, not...2020-11-1041 minThe Winenance Show6 | HSA vs PPO: Which to Choose & Why an HSA is the ULTIMATE Retirement AccountIt’s open enrollment season for employee benefits, and many people are confused about what an HSA is and how to use it. Even more, it’s considered the ULTIMATE retirement account. Grab your notebook because you’re going to want to take notes today!
Show notes: https://www.winenancefi.com/post/episode-6
TIMECODES
0:00 - INTRO
3:51 - What is an HSA?
5:22 - How many people actually use an HSA?
7:38 - Who can contribute to an HSA?
8:08 - IRS contri...2020-10-291h 00The Winenance Show5 | Hands-Off Investing with Index FundsIndex Funds are considered the “crown jewels” of investing by many in the Financial Independence community—and for good reason. They’re among the simplest yet effective ways to invest. Why? They’re widely diversified, perform as well as the stock market (if you invest in an S&P fund or Total Stock Market Fund), and they’re relatively low-risk.
Show notes: https://www.winenancefi.com/post/episode-5
TIMECODES
0:00 - Intro
6:29 - Last Week's Challenge: Wait 24 hours before unplanned purchases
9:57 - Why Index Funds?
12:47 - Th...2020-10-2549 minThe Winenance Show4 | Budgeting 101: How to Track ExpensesIn this episode, you’ll learn how to successfully start tracking your expenses. The first step to creating a budget is knowing where you are currently spending your money and how much you spend in each category. Only then can you truly start to spend your money more intentionally.
Show notes: https://www.winenancefi.com/post/episode-4
TIMECODES
0:00 - Intro
5:28 - Tracking Your Net Worth (last week’s challenge of the week)
9:56 - What does “tracking expenses” mean?
12:07 - Tracking Expenses vs. Budg...2020-10-1550 minThe Winenance Show3 | Living Intentionally Through Financial IndependenceThis week, we share the four (4) key reasons why everyone should pursue Financial Independence , and how pursuing FI creates more intention and purpose in your life: 1) provides health and financial security, 2) creates freedom and choice, 3) time ownership, and 4) builds generational wealth.
Show notes: https://www.winenancefi.com/post/episode-3
Timecodes 0:00 - Intro
0:58 - 401K Workshop Announcement
1:53 - Whiskey Apple Cider (drink of the week)
3:19 - Increase your 401K contributions (last week's challenge of the week)
7:07 - What is Financial Independence 2020-10-0954 minThe Winenance Show2 | Building Wealth in Your 401K, 403B, & 457BThere are 4 key reasons why your employer-sponsored retirement account (401K, 403B, 457B) is one of the BEST wealth-building tools at your disposal. We discuss why more 401K millionaires were made in Q2 of 2020 than ever before. We also share how automatic contributions force you to build wealth, how to max out your employer match, and why contributing more to your 401K can actually lower your taxable income. PLUS, we announce our first virtual workshop: Building Wealth in Your 401K!
Show notes: https://www.winenancefi.com/post/episode-2
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Send in a voice message...2020-10-0157 minThe Winenance Show1 | How to Stop Spending, Grow Wealth, and Live IntentionallyIn the season 2 premier of Winenance Wednesday, Marie & Stephanie walk you through our updated core mission of helping you spend intentionally, grow wealth through investing, and live life more intentionally. We explain new concepts like “Financial Life Goals” and share with you the risks of NOT investing. Plus, our challenge of the week: cut back in ONE spending category.
Show notes: https://www.winenancefi.com/post/episode-1
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Send in a voice message: https://anchor.fm/winenance/message
Support this podcast: https://anchor.fm/winenance/support2020-09-3045 minThe Winenance ShowThe Winenance Show (Trailer)---
Send in a voice message: https://anchor.fm/winenance/message
Support this podcast: https://anchor.fm/winenance/support2020-09-3000 min