MyPocketFP Podcast

Jason Taylor
  • 0.0 (0)
  • Business

Welcome to MyPocketFP — the podcast where your wallet finally meets its financial planner… and they actually get along. Hosted by Jason Taylor, certified financial planner and money sensei, this show is your go-to guide for turning financial confusion into clarity. Whether you're prepping for retirement or wondering where last weekend’s spending spree went, Jason delivers smart tips, surprising insights, and practical strategies — all designed to fit right in your pocket. 💡 From bite-sized budgeting hacks to long-term wealth-building moves, MyPocketFP helps you take control of your financial life one episode at a time. Because your future deserves more than guesswork. Tune in weekly to discover how small monthly changes can lead to big wins in your financial endgame. And remember — your financial planner is now officially pocket-sized (and doesn’t charge by the hour). 📲 Ready to level up your money game? Visit MyPocketFP.com and start shaping your financial future today To learn more about MyPocketFP visit: https://www.MyPocketFP.com MyPocketFP  

  1. Jun 22

    Why Are Tax Rates So Different—And What Can I Do About Mine?

    Your tax rate can feel personal, like the system picked favorites, until you see the mechanics underneath it. We sit down with Jason Taylor, certified financial planner and creator of MyPocketFP, to unpack why two people with similar incomes can pay very different taxes and what to do if you suspect you are overpaying. The first move is not a fancy deduction, it is clarity: we walk through how to find your effective tax rate and why it matters more than the bracket number you hear thrown around. From there, we map the real drivers of tax outcomes: dependents and child-related benefits, pre-tax retirement contributions, business income and business losses, and the often-overlooked impact of where you live and pay state income tax. We also clear up a common misconception about home renovations and taxes, then get practical about what people forget to report that can change everything, like moving, having a baby, or starting a “small” side business that still has IRS rules worth using correctly.  We close with tax planning tools you can actually act on, including Health Savings Accounts (HSAs), workplace dependent care benefits, education credits, and the decision between paying taxes now with a Roth IRA versus lowering taxes today with pre-tax accounts. If you want less stress at filing time, we share a simple habit: review your return right after it is prepared and adjust early while you can still influence the year. Subscribe, share this with a friend who hates taxes, and leave a review with your biggest tax question so we can tackle it next. To learn more about MyPocketFP visit: https://www.MyPocketFP.com MyPocketFP

    11 min

  2. Jun 15

    A Practical Money System For Creatives With Unsteady Income

    Freelancing can feel like financial roulette: a $1,000 project lands, rent is due, and suddenly there’s nothing left to set aside for taxes. We get honest about why creative careers and independent contractor work are uniquely stressful, then lay out a practical framework to make your money steadier even when your income is not. From the first step of building a real budget to understanding what it actually costs to run your work like a business, we focus on clarity over hustle. We also dig into the tax reality that blindsides so many new 1099 earners: self-employment tax. We explain why that extra 15% shows up, how to plan for it, and how to think about deductions in a clean, documented way using Schedule C. If you have ever wondered whether you need an LLC to write things off, or what “sole proprietor” really means, we walk through the basics and share the moments when it’s smart to talk with an accountant and a lawyer about changing your business structure. One of the biggest takeaways is surprisingly simple: separate your business and personal money. We talk about opening a dedicated account (even early), making recordkeeping less painful, and building habits that fit a busy creative life. If your income is seasonal, cyclical, or just plain unpredictable, you’ll leave with concrete strategies for emergency savings, retirement planning, and smoothing cash flow across the year. Subscribe for more practical financial planning for freelancers and creatives, share this with a friend who needs a steadier system, and leave a review with the money question you want answered next. To learn more about MyPocketFP visit: https://www.MyPocketFP.com MyPocketFP

    12 min

  3. May 13

    How To Start Investing Early And Build Real Wealth

    If you could send one money message back in time, what would you say and would you actually follow it? We sit down for a personal conversation about the financial lessons Jason Taylor wishes he had locked in earlier, and the small decisions that can change your entire money trajectory. From first investments to first real paychecks, we get honest about what helps most when you are trying to build wealth without feeling deprived. We talk about investing early, why being too conservative when you are young can limit long-term growth, and how time and consistency beat perfect timing. Jason shares how he started looking at stocks as a kid, then fast-forwards to a bold early adult move: buying a home sooner by renting rooms to friends so the rent helps cover the mortgage. We also dig into a practical higher-education strategy for lowering student loan pressure, including the community college transfer path and the key detail many people miss: confirming credits will transfer.  From there, we zoom out to the core habits that make “financial wellness” real: an emergency fund sized to your life stage, living within your means even when lifestyle upgrades tempt you, and building multiple income streams in today’s gig economy. We wrap with parenting and financial literacy, plus a funny reminder about sneaky recurring costs like memberships you pay for but rarely use. If you want clearer budgeting, smarter saving, and a calmer relationship with money, subscribe, share this with a friend, and leave a review with the best financial advice you would give your younger self. To learn more about MyPocketFP visit: https://www.MyPocketFP.com MyPocketFP

    12 min

  4. May 6

    The Spending Audit And A Practical Plan To Cut Costs And Save

    Your spending habits already reveal your priorities, even when your goals say something else. We sit down and get brutally practical about how to audit your lifestyle, cut the right costs, and turn “I should save more” into a plan you can actually follow. Julie Schwenzer asks the questions we all have, and Jason Taylor, CFP, breaks down what he recommends to real clients: why spring is a smart time to review your money, how far back to look (three months), and how to separate normal spending from one time outliers like holidays or special trips. We also talk about why the 50/30/20 budgeting rule can feel impossible with today’s rent, inflation, and housing affordability and what to do instead when the math does not cooperate. From there, we move into the clean up phase: cancelling unused subscriptions, finding bigger “quiet” expenses like car payments and overpriced phone plans, and tackling debt in the right order. Jason explains why high interest credit card balances are a financial emergency, why an emergency fund beats a credit card as a safety net, and what to consider before using tools like a HELOC or refinancing when interest rates are not in your favor. We also touch on using AI to speed up a spending audit (with privacy in mind), plus how retirement planning and retirement age expectations are changing. If you found this helpful, subscribe for more personal finance and budgeting guidance, share this with a friend who wants to save money, and leave a review so more people can find My Pocket FP. To learn more about MyPocketFP visit: https://www.MyPocketFP.com MyPocketFP

    11 min

  5. Mar 24

    Buy vs Lease: Jason Taylor Discusses Cars, Homes & More

    Leasing, financing, renting, buying… the labels are easy. The real challenge is figuring out which choice actually protects your future when the purchase is big and the sales pitch is bigger. Jason Taylor, CFP, gets practical about the buy vs lease decision and why the “best deal” is usually the one that fits your life, your cash flow, and your time horizon, not the one that looks cheapest on a monthly payment. We start with the rent vs buy home question and the truth people hate to hear: housing is local. Appreciation can be steady in one city and flat for decades in another, so the smartest move depends on where you live and how long you plan to stay. From there we move to cars, where leasing vs buying often turns into a costly trap through mileage limits, per-mile overages, and end-of-lease fees for every scratch and ding. Leasing can be a niche fit for certain business owners, but for most people, ownership and a longer holding period usually win. Then we tackle the “investment” myth around RVs, boats, ATVs, and other toys. If you only use them a handful of weekends, renting can deliver the fun without the maintenance bills and depreciation. We also get into real estate investing basics like keeping reserves for vacancies, using leverage thoughtfully, and even creative ways to reduce a home’s cost by renting out rooms. Finally, we touch education and essentials: community college and credit transfers to cut student loan costs, negotiating with schools, and why an emergency fund beats appliance financing every time. If you like clear, numbers-based money advice you can use right away, subscribe to MyPocketFP, share this with a friend who is on the fence about a big purchase, and leave a review with your toughest buy vs lease question. To learn more about MyPocketFP visit: https://www.MyPocketFP.com MyPocketFP

    11 min

  6. Mar 17

    How To Pay For College Without Losing Your Mind

    College planning hits differently when you’re looking at it from both sides of the kitchen table. We sit down as a family team: me, Jason Taylor (certified financial planner), and my daughter Olivia, a high school junior staring straight at the “what comes next” moment. We talk honestly about what parents worry about, what students actually think about money, and why the best college savings plan is the one you can follow consistently. We get specific about the decisions that drive the real cost of college: how much parents might cover, how to build financial responsibility without turning support into pressure, and why budgeting matters even if tuition is handled. We also dig into the strategies families lean on when the numbers feel huge, including scholarships, grants, and the value of getting expert help with FAFSA and applications when the process is overwhelming. We touch on education tax deductions and why they help, but rarely “solve” college costs. Olivia shares what she sees among her peers, from students working jobs and saving to students spending freely, and what it feels like to watch inflation and the economy shift right as adulthood gets close. We also call out the hidden expenses families forget to plan for, like SAT and ACT fees, prep courses, and those smaller costs that stack up fast. If you’re looking for college planning, 529 plan ideas, FAFSA guidance, scholarship motivation, and real-world budgeting habits, this conversation gives you a grounded place to start. Subscribe for more practical money coaching, share this with a parent or student who needs it, and leave a review with your best tip for paying for college. To learn more about MyPocketFP visit: https://www.MyPocketFP.com MyPocketFP

    10 min

  7. Feb 25

    Simplifying Estimated Taxes with MyPocketFP

    Do I Need To Pay Estimated Taxes? Ever been blindsided by a tax bill that wipes out your month? We break down estimated taxes with clear rules, real examples, and a cash‑flow mindset so you can stop the April panic and stay ahead all year. Jason Taylor, CFP and creator of MyPocketFP, walks with us through who actually needs to pay estimates, when penalties kick in, and how to use profit—not just revenue—to set the right numbers. We start by separating clean W‑2 situations from the messy middle: 1099 contractors, small business owners, landlords, and anyone juggling side hustles or tips. If income isn’t getting withheld, the IRS expects you to pay as you go. You’ll learn why owing over $1,000 can trigger penalties, when first‑timers might get relief, and how midyear check‑ins in June and November reduce risk. Jason explains the quarterly schedule—April, June, September, and that crucial January payment—and why January 15 gets special attention once your books reflect the full year. We get practical about cash management. Should you hold the money because bank yields beat the underpayment penalty? Maybe—but behavior matters. If you don’t wall off tax savings, that “arbitrage” can turn into stress and debt. We cover servers and tips, the importance of honest tracking, and how policy chatter affects reporting habits. Then we show how MyPocketFP simplifies the process: upload a pay stub to confirm withholdings, add a simple profit and loss for your side income, and get a live estimate that adjusts as your year changes. By the end, you’ll know whether estimates apply to you, how to calculate them with confidence, and how to use an accountability plan to avoid surprise balances that wreck your cash flow. Subscribe, share this with a friend who freelances, and leave a quick review to help more people make smarter, calmer money moves. To learn more about MyPocketFP visit: https://www.MyPocketFP.com MyPocketFP

    9 min

  8. Feb 18

    Smart Deductions And Accountability Plans For Small Business Owners

    As A Business Owner, What Can I Do Now To Save On My Taxes? Tax bills don’t shrink by accident—they shrink with timing, structure, and clean documentation. We sat down with CFP Jason Taylor to map out the moves business owners can still make right now, plus the habits that keep more profit in your pocket all year. We start with the mindset shift: taxes are a year‑round project. Jason explains why accountability plans are the simplest way to capture gray-area costs like mileage, cell phone, internet, software, and education without crossing lines. Then we tackle entity choice. If you’re a sole proprietor or default LLC, every dollar of profit faces self-employment tax; with an S‑corp election, a reasonable salary bears payroll taxes while remaining profit may avoid them. The clock matters—file by March 15 to have it count for this year—and the math must support payroll, admin, and compliance. Retirement planning becomes a surgical tool once you know your effective tax rate. We compare SEP IRA, Solo 401(k), and when a defined benefit plan might make sense for high, steady profits. Jason breaks down the reality of deferral: you’re shifting tax to later, not erasing it, but the current‑year savings and compounding can be powerful. From there, we demystify the home office deduction with practical documentation tips and a reminder that the simplified method exists for those who want fewer records with a capped write‑off. Finally, we scan the policy horizon. Expect pressure on mileage methods and shrinking meals deductions while entertainment remains off the table. That means cleaner logs, careful purpose notes, and a monthly reconciliation routine to avoid leaving money behind. Whether you’re solo or building a team, you’ll leave with a checklist to tighten records, choose the right entity, fund the right plan, and avoid the common traps that trigger overpayment. If this helped you think differently about taxes, follow the show, share it with a fellow owner, and leave a quick review. Want to put these ideas to work? Visit online and grab the app to keep your planner in your pocket. To learn more about MyPocketFP visit: https://www.MyPocketFP.com MyPocketFP

    10 min
See All (21)

About

Welcome to MyPocketFP — the podcast where your wallet finally meets its financial planner… and they actually get along. Hosted by Jason Taylor, certified financial planner and money sensei, this show is your go-to guide for turning financial confusion into clarity. Whether you're prepping for retirement or wondering where last weekend’s spending spree went, Jason delivers smart tips, surprising insights, and practical strategies — all designed to fit right in your pocket. 💡 From bite-sized budgeting hacks to long-term wealth-building moves, MyPocketFP helps you take control of your financial life one episode at a time. Because your future deserves more than guesswork. Tune in weekly to discover how small monthly changes can lead to big wins in your financial endgame. And remember — your financial planner is now officially pocket-sized (and doesn’t charge by the hour). 📲 Ready to level up your money game? Visit MyPocketFP.com and start shaping your financial future today To learn more about MyPocketFP visit: https://www.MyPocketFP.com MyPocketFP  

Information

  • Creator
    Jason Taylor
  • Years Active
    2025 - 2026
  • Episodes
    21
  • Rating
    Clean
  • Copyright
    © 2026 MyPocketFP Podcast
  • Show Website
    MyPocketFP Podcast