Catching the Coin Tim Rosen & Troy Barrilleaux

Tim and Troy briefly reflect upon the past 50 weeks of serving up Catching The Coin and The Lighter Side on this final episode and talk about the transition to the new podcast—Faith and Finances.
 
In This Episode We Look At: What we've learned and what our listeners may have learned. Re-visiting our personal favorite episodes How to find and follow us on our new podcast  
One Thing You Can Do Today to Improve Your Financial World: Go and listen to our new podcast over at Faith and Finances, of course.  
What Are Your Thoughts? If you have a question or comment about today's topic, we invite you to share your thoughts.

We've heard that for years people are living longer!
Now we are noticing a new phenomenon of older people who actually want to keep working.
Today we review an article written by Linda Marsa, posted on Nautil.us, entitled "Retiring Retirement".
 
In This Episode We Look At: The aging of America is not the crisis that is often portrayed in the media or even in scholarly papers. “Today’s seniors are healthier, better educated, and more productive than ever,” Richard Johnson says. “The challenge we face is finding ways to harness their talents.”
There have always been people who defy society’s expectations: Jimmy Carter, 91; Bernie Sanders, 74; George H.W. Bush, 91 With medical and technological breakthroughs we can reach our older years in better health than previously expected Our own thoughts of working into our 70's and 80's. Will Troy become an astronaut? Will Tim recite poetry in a beatnik coffee shop? Tune in to find out!  
Today's Resources and Links: Source Article—Retiring Retirement Older People Are Happier—Ted Talk "Unretirement: How Baby Boomers are Changing the Way We Think About Work, Community and the Good Life" by Chris Farrell [Affiliate Link]  
One Thing You Can Do Today to Improve Your Financial World: While we normally advocate investing for your future, we challenge you today to invest in your health. For a healthier (and less expensive) life in your later years, combine regular exercise with responsible eating habits.  
What Are Your Thoughts? If you have a question or comment about today's topic, we invite you to share your thoughts.

Rules! Who actually gets excited about following rules?
Today we review 10 Money Rules that you really should be following.
In This Episode We Look At: Good old standards like: Live below your means Pay yourself first Treat your retirement funding like a regular bill The how's and whys for saving to make purchases, avoiding debt, and daring to be different than the over-spending, non-saving crowd Today's Resources and Links: Source Link Richest Man in Babylon, by George Clayson [Affiliate Link] One Thing You Can Do Today to Improve Your Financial World: Pause for a moment and take a personal, financial inventory. How would you grade yourself on these 10 Rules? Which rules have you resisted or rejected? Which can you start applying to your financial world today? What Are Your Thoughts? If you have a question or comment about today's topic, we invite you to share your thoughts.

It's nostalgic to look back at the past decades and notice the outdated trends and technology that no longer exist.
Yet, when it comes to financial advice; it's disturbing to learn just how many beliefs and teachings still abound that are clearly outdated.
Today, we review a blogpost on TheSimpleDollar titled, "Outdated Financial Advice".
In This Episode We Look At: Financial beliefs and advice that are still alive and kicking, but should be let out to pasture, like:
"Depend on your husband's income"
"Find a solid company and work there until you retire"
"Everyone should attend college immediately after High School"
"You should buy as much home as you can afford"
"Always use a Debit card instead of Cash"
Today's Resources and Links: Outdated Financial Advice One Thing You Can Do Today to Improve Your Financial World: Ask yourself when reading or receiving financial advice: "Is this true for my financial needs today?" What Are Your Thoughts? If you have a question or comment about today's topic, we invite you to share your thoughts.

The poverty line for a family of three is $20,090 a year. The median household income in America is $53,657. Politicians draw $250,000 as the line between the middle and upper classes. And the true starting point of real wealth remains a cool $1,000,000.
Esquire magazine asked four more or less typical men, each of whom earns one of these incomes, to tell them about the lives they can afford.
Tim and Troy re-enact the interviews and discuss the results…
In This Episode We Look At: The benefit of having and maintaining a household budget
The irony of higher earners who do not despise their income tax rates
America offers a system that provides equal opportunity, not equal reward
Today's Resources and Links: Esquire Article One Thing You Can Do Today to Improve Your Financial World: Take a close look at where every dollar in your household is going. Assign a budget to the controllable expenses. What Are Your Thoughts? If you have a question or comment about today's topic, we invite you to share your thoughts.

Sprichst du Deutsch? We don't sprichst German either (although we've been known to spritzen some lime into our water).
Do you speak Financial Jargon? We do! We are going to explain some of the most misunderstood terms in the money realm.
In This Episode We Look At: The meanings, in plain English, of such terms as: 401(k) IRA Net FICO score Unrealized Gains/Loss Today's Resources and Links: Financial Jargon Decoded Common Stock Market Jargon Explained One Thing You Can Do Today to Improve Your Financial World: Review these terms to increase your comfort level of understanding. Never hesitate to ask for clarity when speaking with a financial professional. What Are Your Thoughts? If you have a question or comment about today's topic, we invite you to share your thoughts.