29 episodes

On this finance podcast for Millennials, Kevin Mahoney, CFP® connects recent personal finance news to specific steps you can take toward greater financial wellness. Are you among the many Millennials ready for more financial clarity and confidence? New episodes released each month on the 1st & 15th.

Financially Well Kevin Mahoney, CFP®

    • Business
    • 5.0 • 9 Ratings

On this finance podcast for Millennials, Kevin Mahoney, CFP® connects recent personal finance news to specific steps you can take toward greater financial wellness. Are you among the many Millennials ready for more financial clarity and confidence? New episodes released each month on the 1st & 15th.

    Will a Home Bias in Investing Limit Your Potential Wealth?

    Will a Home Bias in Investing Limit Your Potential Wealth?

    Is the U.S. always the best country in the world for investing your savings?
     
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    Episode Description
     
    A Yale economist recently found that popular personal finance authors all show a home bias when offering investment recommendations. In this episode, Kevin Mahoney, CFP®, who specializes in financial planning for Millennials, discusses how we’re all vulnerable to this psychological shortcoming. Essentially, humans prefer things simply because we’re familiar with them.
     
    Kevin will explain why the U.S. stock market isn’t always your best investment option. Of course, over different periods of time, the U.S. stock market does grow at a faster rate than international stock markets. But on average, going back to 1975, such “outperformance” only lasts for 7.9 years. And that’s the point, as the growth of your money slows, at which you begin to regret your home bias.
     
    Welcome to Financially Well, the finance podcast for Millennials.
     
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    ✏️  Full transcript and show notes
     
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    • 7 min
    3 Steps Millennials with Variable Income Can Take to Invest Consistently

    3 Steps Millennials with Variable Income Can Take to Invest Consistently

    Does an annual bonus make up a large part of your overall income? Do you own your own business or get paid based on a nine-month academic calendar?
    Many Millennials must learn to navigate a variable income dynamic at some point during the year. In this episode, Kevin Mahoney, CFP®, who specializes in financial planning for Millennial parents, talks through how you can still consistently invest with confidence, despite variable income.
    Kevin will explain how variable income can empower your desired investing habit. You need to become proactive about your finances, so you actually do. In other words, if you embrace the challenges that variable income throws at you, you’re likely on a faster track to growing your money to live the life you want. Welcome to Financially Well, the finance podcast for Millennials.

    • 13 min
    Your Investment Time Horizon: The Key to Saving More Money?

    Your Investment Time Horizon: The Key to Saving More Money?

    When you think about your finances, how far into the future do you plan?
    People who think at least 10 years ahead typically save significantly more money than their peers. In this episode, Kevin Mahoney, CFP®, who specializes in financial planning for Millennial parents, talks through how you might want to think about your investment time horizon. In particular, he reviews data showing that most people, regardless of age, income or education, only think several years ahead about their finances.
    Kevin will explain that you don’t need to know with exact certainty how you’ll use the dollars you’re investing. In fact, just because you lack certainty doesn’t mean you can’t think in rich, exciting detail about your future. Your plans can change, and they almost certainly will. But start somewhere, with some vision.
    Welcome to Financially Well, the finance podcast for Millennials.

    • 11 min
    Will Money Management in Retirement Be Easier Than You've Heard?

    Will Money Management in Retirement Be Easier Than You've Heard?

    Will you have enough money in retirement?
    In fact, you’re more likely to grow your wealth in retirement than run out of money. In this episode, Kevin Mahoney, CFP®, who specializes in college financial planning for Millennial parents, discusses money management in retirement. In particular, he reviews data showing that your spending is most likely to decline as you get older. In addition, the worst-case financial scenario that you may fear in retirement probably won’t happen.
    Instead, Kevin will encourage you to focus on what you can control: investing consistently over an extended period of time. And he’ll emphasize that, while you’re doing so, you may want to allow yourself the possibility that compounding growth may actually make money management in retirement easier than you currently assume. Welcome to Financially Well, the finance podcast for Millennials.

    • 15 min
    Why You May Not Need Fintech Apps for Investing on Your Phone

    Why You May Not Need Fintech Apps for Investing on Your Phone

    Where should you invest your money?
    Kevin Mahoney, CFP® will discuss the emergence of fintech apps. In particular, he’ll review the differences between robo advisors and more traditional investment firms. Or, as he thinks of the decision, Betterment vs Vanguard.
    Kevin, who specializes in college financial planning for Millennial parents, will share why the easy, slick interfaces that the fintech apps offer also appeal to him. And how he’s just as vulnerable as anyone else to clever marketing. But ultimately, he’ll emphasize that he doesn’t want to spend any more time than necessary in his investment accounts. Welcome to Financially Well, the finance podcast for Millennials.

    • 12 min
    The Most Underappreciated Reasons to Ask for a Raise

    The Most Underappreciated Reasons to Ask for a Raise

    How long has it been since you last significantly increased your income?
    In this episode, Kevin Mahoney, CFP®, who specializes in college financial planning for Millennial parents, will discuss the most underappreciated reasons to ask for a raise this month. For most Millennials, a modest reduction in spending isn’t nearly as powerful over the long term as earning more income. 
    Kevin will focus on explaining why increases in income aren’t followed by similar increases in spending. He’ll also review your best options for growing your income, from starting a business to asking for a raise. Welcome to Financially Well, the finance podcast for Millennials.

    • 11 min

Customer Reviews

5.0 out of 5
9 Ratings

9 Ratings

Kurt Matsa ,

Great Listen for Millenial Parents

The Financially Well podcast is exactly what I was looking for as a millennial parent. I most often listen to podcasts while I’m on the go, and these succinct and well researched episodes allow me to stay educated on important financial matters without feeling like I have to block off part of my day specifically for this task. I can quickly listen to an episode while I’m on the way to pick up my son from school and take away valuable information that I can implement right away.

BenBenBen444 ,

Love it

Insightful and engaging

katmatsa ,

Concise and helpful financial info

This is a great resource for Millennials. Kevin explains all the key financial issues and concerns in a simple and concise way!