7 episodes

A finance podcast for cops, by cops. Based in Flourtown, PA. Hosted by Lt. Jim Donnelly with co-host Kevin McGarry. Sponsored by Valley Financial Group. Episodes are filled with tips and advice for maximizing your income to grow into wealth. Listen for finance advice tailored to law enforcement employees who want to look forward to a comfortable retirement. For a free financial assessment, or for more information visit valleyfinancial.com

Blue Money Jim Donnelly & Kevin McGarry

    • Business
    • 5.0 • 7 Ratings

A finance podcast for cops, by cops. Based in Flourtown, PA. Hosted by Lt. Jim Donnelly with co-host Kevin McGarry. Sponsored by Valley Financial Group. Episodes are filled with tips and advice for maximizing your income to grow into wealth. Listen for finance advice tailored to law enforcement employees who want to look forward to a comfortable retirement. For a free financial assessment, or for more information visit valleyfinancial.com

    Episode 7 - What Are Bonds?

    Episode 7 - What Are Bonds?

    In this episode of Blue Money, Jim & Kevin are going over everything you need to know about bonds. They start off the show by explaining exactly what a bond is. Listen to find out why Valley Financial suggests using bonds in your investment portfolio. This first half of this episode is packed with valuable information, including bond categories and bond jargon.

    Bond rates are at an all-time low and the Blue Money guys are explaining why. They’re also showing us the silver lining to such low rates. Listen until the end of this episode for the 2 most important things you should know about investing in bonds.

    To contact Lt. Jim Donnelly: jim@valleyfinancial.com
    To contact Kevin McGarry: kevin@valleyfinancial.com
    For a free financial assessment, or for more information visit valleyfinancial.com

    • 13 min
    Episode 6 - All About Inflation

    Episode 6 - All About Inflation

    In this episode of Blue Money, Jim and Kevin are discussing everything about inflation. They start off by giving a basic definition of inflation, so we know exactly what we’re talking about. They then segue into how the inflation rate is calculated. Taking it a step further, the guys even get into why inflation happens.

    Jim & Kevin understand that inflation is a major concern for their clients, and it probably is for you too. That’s why they created this specific episode - because there are so many questions regarding inflation.

    Inflation affects everyone, and if you want to know more about inflation, this podcast episode is for you. Kevin & Jim even give advice on how you can protect yourself from inflation. Listen to learn the ins and outs of everyone’s enemy - inflation.

    To contact Lt. Jim Donnelly: jim@valleyfinancial.com
    To contact Kevin McGarry: kevin@valleyfinancial.com
    For a free financial assessment, or for more information visit valleyfinancial.com

    • 13 min
    Episode 5 - The Importance of Life Insurance

    Episode 5 - The Importance of Life Insurance

    In this episode of Blue Money, Jim & Kevin are discussing why it’s important for law enforcement officers to have an adequate life insurance policy in place. Even if you already have a life insurance policy, this episode is a valuable listen. The guys explain why the policy you signed up for when you first became an officer may no longer be the right fit.

    Don’t wait to listen to this episode, and don’t wait to reevaluate your life insurance needs. Jim & Kevin point out why we should get this taken care of sooner rather than later. Jim goes into explaining some of the different types of benefits and coverages that you’ll see in a typical life insurance policy. Kevin is giving us the questions to ask to determine the type of policy that is right for you. They close out the episode by giving an action plan to ensure your life insurance needs are well-situated.

    To contact Lt. Jim Donnelly: jim@valleyfinancial.com
    To contact Kevin McGarry: kevin@valleyfinancial.com
    For a free financial assessment, or for more information visit valleyfinancial.com

    • 16 min
    Episode 4 - Info About Your 457(b)

    Episode 4 - Info About Your 457(b)

    In this episode of Blue Money, Jim & Kevin are helping law enforcement employees understand what their 457(b) is. They start by explaining the difference between a 457(b) versus a 401(k). Then they move right into the pros and cons of a 457(b). They dive into discussing the new 457 Roth and compare it to the 457(b).

    If you’re working in the public sector, and are looking for information and advice on your retirement plan options, this is the podcast for you. Jim & Kevin are having an honest discussion about your retirement plan investment options. You don’t want to miss this conversation.

    To contact Lt. Jim Donnelly: jim@valleyfinancial.com
    To contact Kevin McGarry: kevin@valleyfinancial.com
    For a free financial assessment, or for more information visit valleyfinancial.com

    • 13 min
    Episode 3 - Buying & Selling on Emotion

    Episode 3 - Buying & Selling on Emotion

    In this episode of Blue Money, Jim & Kevin are talking us through these turbulent times. The guys at Valley Financial understand that during times like these, people tend to stress more about their finances. Kevin starts off by sharing some historical market numbers to give us perspective on the volatility of the current market.
    Jim makes a great point when he says that technology could be doing us a disservice. Listen at 2:50 to find out what he means by that. Could we be too connected? Kevin gives examples of how staying for the long-haul can pay off.

    The guys have two pieces of advice for you to take away from this episode. Listen at 5:00 for these quick takeaways. You may even be doing it already without realizing.

    Have you heard of “dollar cost to average?” Kevin & Jim discuss what it is and why it’s so important. This could be a new way for you to look at investing to maximize your return.

    Kevin & Jim end this episode by answering a listener’s question. They are giving you a simple calculation to determine a rough estimate of the value of your pension.

    To contact Lt. Jim Donnelly: jim@valleyfinancial.com
    To contact Kevin McGarry: kevin@valleyfinancial.com
    For a free financial assessment, or for more information visit valleyfinancial.com

    • 9 min
    Episode 2 - You Can Start Investing Now

    Episode 2 - You Can Start Investing Now

    In this episode of Blue Money, Jim & Kevin are helping officers set personal savings and investing goals. Their goal is to get cops saving 50% of their income each year. That may sound impossible to you right now, but listen to this episode to find out how you can make this a reality. They start off the discussion by telling us Jim’s personal investing journey.

    Kevin & Jim illustrate the importance of starting now, by breaking down the numbers. Listen in on the discussion to hear how much you can expect retirement to cost, based on current projections. It may be the harsh reality you need to hear to take Kevin & Jim’s advice and start paying yourself today.

    Listen through to the end of this episode for the 50-30-20 Rule, for a rule of thumb for balanced savings vs. spending to keep your future retirement in mind.

    To contact Lt. Jim Donnelly: jim@valleyfinancial.com
    To contact Kevin McGarry: kevin@valleyfinancial.com
    For a free financial assessment, or for more information visit valleyfinancial.com

    • 9 min

Customer Reviews

5.0 out of 5
7 Ratings

7 Ratings

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