17 episodes

Creating Wealth is an in-depth conversation between Bill Taber, an experienced financial advisor, and his millennial daughter about personal finance, investing, and financial planning.

Creating Wealth Bill Taber and Anastasia Taber

    • How To
    • 4.9 • 10 Ratings

Creating Wealth is an in-depth conversation between Bill Taber, an experienced financial advisor, and his millennial daughter about personal finance, investing, and financial planning.

    Pay Off Debt vs. Start Investing

    Pay Off Debt vs. Start Investing

    When should we focus on paying off debt and when can we start investing? Are there certain loans you need to pay down before you can really start putting money away towards investments? Bill and Anastasia discuss a common sentiment expressed by younger generations who are eager to build wealth and how to figure out what to prioritize. Bill mentions what the debt experts have to say on the topic. Anastasia relates what she learned helping friends through budgeting.

    If you haven't yet, be sure to check out other related episodes - Intro to Investing, Investing in Common Stock Part One and Part Two.

    For questions and comments, you can email us at askcreatingwealth@taberasset.com.

    • 22 min
    Your Financial Mindset

    Your Financial Mindset

    How important is thinking positively when it comes to creating wealth? How can you retrain your brain to think abundantly? In this follow-up to the third episode, "Having an Abundance Mentality," Bill and Anastasia discuss what it takes to think positively about your finances. Bill mentions examples of negative thoughts you or family members may have about wealth and how to address them. Anastasia suggests negative news can influence how you view wealth creation and admits that social media ads have sometimes worked on her.

    For questions and comments, you can email us at askcreatingwealth@taberasset.com.

    • 18 min
    Insurance 101

    Insurance 101

    What kind of insurance policies can you buy and why should you have them? Are there policies you should avoid, or insurance that is only needed at certain points in your life? Both Bill and Anastasia share anecdotes from their careers. Anastasia somewhat reluctantly shares why she is glad she had wedding ring insurance and discusses the Taber curse. 

    For questions and comments, you can email us at askcreatingwealth@taberasset.com.

    • 23 min
    Risk Tolerance

    Risk Tolerance

    What does risk tolerance mean and how important is it in forming your investment strategy? What should you keep in mind as you start to invest? How do you know when to listen to your gut feeling about an investment decision and when not to? Bill discusses at what point after the 2008-2009 financial crisis that he knew the financial markets were about to improve. Anastasia compares risk tolerance to the entertaining documentary, Class Action Park.

    For questions and comments, you can email us at askcreatingwealth@taberasset.com.

    • 27 min
    Discussing Finances with Family

    Discussing Finances with Family

    How does Bill advise his clients when it comes to paying for adult children? What are the pros and cons of continuing to financially support children into adulthood? And for children, how important is it to discuss finances with parents, and when should that discussion begin? On the other hand, how do parents instill a sense of financial independence if their children know they can afford to pay for them without risking financial hardship? Bill provides anecdotes from his career and Anastasia compares the effects of family wealth on children to the fictional family depicted in the HBO show Succession.

    For questions and comments, you can email us at askcreatingwealth@taberasset.com.

    • 22 min
    Spending Control

    Spending Control

    Which should you focus more on for wealth creation: Spending less money, or making more money? Bill and Anastasia discuss an example of buying a used car, as depicted in The Millionaire Next Door by Thomas J. Stanley. How important is it to learn how to spend less money? What are some examples of simple ways to save money? On the other hand, can you be too focused on saving money? Bill provides context to these questions from advising clients over the years.

    • 24 min

Customer Reviews

4.9 out of 5
10 Ratings

10 Ratings

worrfle ,

Amazing

So I will be honest, I only listened to this because I slightly know the guy who does the disclaimer on the show (he has a great voice and a slight Texan accent). But wow! I learned to much. This is brilliant. I have never seen someone with such an ability to break down complex investment topics into a something I can understand. To be real, I still haven’t seen it, but I have heard I now. Thank you Bill and Anastasia! This is amazing. #bestpodcastever

Deanskji ,

Education for the Financially Curious and Uninformed

This podcast gives financial advice for those who never got it in school or from their family, through the unique lens of a father-daughter dynamic.

How do I build a balanced budget? How do I save for long term goals? Should I invest in stocks? What should my financial ethics be? If you’re transitioning to a point in your life where you have money, but don’t know what to do with it, this podcast will help answer these types of questions.

I also appreciate that this podcast has more of a conversational flow, a millennial daughter asking her father’s advice considering his career in finance, rather than a stuffy professorial monologue. Keeps it fun and light hearted.

Plus, if you have any questions/topics you want covered, they’ll take requests!

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