49 episodes

Young families receive little to no personal finance help. We all grow up to have jobs and money, yet our education system focuses on Shakespeare and Algebra. Even professional advice can be hard to come by, with the majority of the industry chasing retirees and existing wealth.

Joe Okaly's podcast is aiming to change this, providing personal financial advice geared specifically to professionals with young families. This podcast is dedicated to making life more enjoyable for young families, by hitting on the financial topics that tend to weigh on us, stress us out, and distract our focus from simply enjoying life.

Joseph P Okaly is a CFP Certified Financial Advisor who fits directly in with who this podcast is focused on - a young professional with a family. With over a decade of experience as an advisor, there is passion and knowledge to make a difference.

Securities offered through TFS Securities, Inc., Advisory Services through TFS Advisory Services, a SEC Registered Investment Advisor Member FINRA / SIPC. TFS Securities, Inc. located at 437 Newman Springs Road, Lincroft, NJ 07738 (732) 758-9300.

Enjoy More 30s: Family Finance Joseph P. Okaly

    • Education
    • 5.0 • 12 Ratings

Young families receive little to no personal finance help. We all grow up to have jobs and money, yet our education system focuses on Shakespeare and Algebra. Even professional advice can be hard to come by, with the majority of the industry chasing retirees and existing wealth.

Joe Okaly's podcast is aiming to change this, providing personal financial advice geared specifically to professionals with young families. This podcast is dedicated to making life more enjoyable for young families, by hitting on the financial topics that tend to weigh on us, stress us out, and distract our focus from simply enjoying life.

Joseph P Okaly is a CFP Certified Financial Advisor who fits directly in with who this podcast is focused on - a young professional with a family. With over a decade of experience as an advisor, there is passion and knowledge to make a difference.

Securities offered through TFS Securities, Inc., Advisory Services through TFS Advisory Services, a SEC Registered Investment Advisor Member FINRA / SIPC. TFS Securities, Inc. located at 437 Newman Springs Road, Lincroft, NJ 07738 (732) 758-9300.

    Money Blocking for Fun! | Series 6.4

    Money Blocking for Fun! | Series 6.4

    Intentionally setting money aside for things you love ahead of time, can add a lot more happiness to your life!
    The goal really for today's episode is for you to think of ways to easily do more of the things you love without the anxiety that tends to come with it. (01:36)
    Money blocking is basically a term I came up with to describe intentionally setting aside or blocking money for certain items that make your life more enjoyable on a more daily basis. (02:25)
    With money blocking, what you could do is say take a piece of this bonus and buy four gift cards for that massage place that you love. You now have one guilt free massage every single quarter. (03:21)
    Quote for the episode: "If money blocking every year allows you two extra massages, an extra let's say hockey game, make sure you take a vacation and let's say an extra daily shot of espresso in your coffee for the next 30 years, that's a lot of extra happiness that I don't want to be missing out on." (04:46)
    Securities offered through TFS Securities, Inc., and Advisory Services through TFS Advisory Services, an SEC Registered Investment Advisor Member FINRA/SIPC. TFS Securities, Inc., is located at 437 Newman Springs Road, Lincroft, NJ 07738 (732) 758-9300.

    • 6 min
    Use Lots of Buckets! | Series 6.3

    Use Lots of Buckets! | Series 6.3

    A favorite concept on organizing where you're saving to make goals easier to see and even more importantly, easier to achieve!
    If we have just one giant, 'I want to build a ship bucket', it's hard to see where all that money's actually going to go for the various elements that we're going to need. (02:09)
    The goal for this bucket [short term] is to keep what you have more than anything else, including growth or interest. (02:56)
    The next bucket is an intermediate term bucket. And for young people, this is generally a what you would call a general or non-retirement investment account. (03:08)
    The last bucket is your longer term bucket, which often includes things such as retirement, which may be 401(k)s, IRAs, things like that 529 plans for college savings specifically. (04:07)
    Quote for the episode: "The separate buckets will make sure I have a stable account, some money was there for my next car for the next year, make sure I take those important annual vacations that are really important to stop and breathe and have fun with every year." (05:03)
    Securities offered through TFS Securities, Inc., and Advisory Services through TFS Advisory Services, an SEC Registered Investment Advisor Member FINRA/SIPC. TFS Securities, Inc., is located at 437 Newman Springs Road, Lincroft, NJ 07738 (732) 758-9300.

    • 7 min
    Pay Yourself First! | Series 6.2

    Pay Yourself First! | Series 6.2

    We need our ship to actually sail us to where we want it to go; the thing is, ships aren't free!
    So the goal for today's episode then is for you to be inspired to see how much you're currently saving towards you, towards yourself and if needed or possible, increase it so you can be on a faster pace to reach those goals. (01:33)
    So how much should you pay yourself every month? "How much am I worth?" I'd say the minimum is 5% of your gross income. (02:39)
    So what this says is that 36% of your gross monthly income, so before taxes, can be used for items specifically to you. (03:40)
    Quote for the episode: "Pay towards you first, because you're important!" (06:14)
    Securities offered through TFS Securities, Inc., and Advisory Services through TFS Advisory Services, an SEC Registered Investment Advisor Member FINRA/SIPC. TFS Securities, Inc., is located at 437 Newman Springs Road, Lincroft, NJ 07738 (732) 758-9300.

    • 7 min
    Goal Setting Is a Two Spouse Exercise! | Series 6.1

    Goal Setting Is a Two Spouse Exercise! | Series 6.1

    Get your list of goals for this New Year to find out where you both want your ship to sail.
    Goals are to give you a better chance of achieving something more quickly than you otherwise would have without goals. (04:50)
    What makes each of you happy now? (06:04)
    What would make you happier? (07:15)
    What keeps you up at night? (08:41)
    Quote for the episode: "So goals overall can be things to add to your happiness, or things that can also stop detracting from your happiness." (10:08)
    Securities offered through TFS Securities, Inc., and Advisory Services through TFS Advisory Services, an SEC Registered Investment Advisor Member FINRA/SIPC. TFS Securities, Inc., is located at 437 Newman Springs Road, Lincroft, NJ 07738 (732) 758-9300.

    • 12 min
    LIVE! Holiday Cheer and Financial New Year | Fishbowl

    LIVE! Holiday Cheer and Financial New Year | Fishbowl

    Approach this holiday with a healthy mindset, gain financial tips on what to look for, and set goals to make the most of 2022!
    [future you] Looking back on this holiday season that just passed. So what would have to have happened for you to say that you had a wonderful holiday season? (18:05)
    I'm a big fan of time blocking, of money blocking and basically, those are just terms of being more intentional with your time, being more intentional with your money at a time kind of separate, you know, ahead of time advance planning, so that you don't get tied up in the emotions of the moment. (27:44)
    Goal setting is a means for helping us achieve things more quickly than we otherwise would have if we didn't set those goals.
    Quote for the episode. "Be intentional about what would make you the happiest this holiday season. What would have to happen when you're looking back in January to say wow, that was a really great holiday. Focus on those things for the end of the year to make sure that you get them done and have those experiences. And then for the new year, I really cannot highly enough recommend setting goals for yourself." (56:18)
    Securities offered through TFS Securities, Inc., and Advisory Services through TFS Advisory Services, an SEC Registered Investment Advisor Member FINRA/SIPC. TFS Securities, Inc., is located at 437 Newman Springs Road, Lincroft, NJ 07738 (732) 758-9300.

    • 59 min
    LIVE! How to Excel in Your Financial Mindset | Fishbowl

    LIVE! How to Excel in Your Financial Mindset | Fishbowl

    Excelling in your money mindset doesn't mean a big net worth. It means putting yourself in a position to make life most enjoyable to you, however you define that.
    The goal for today is really just for you to walk away from tonight with a better understanding of your current money mindset, and what you can change to better excel when it comes to that mindset. (03:23)
    I would say a lot of the finance stuff that's the loudest like if somebody is shouting at you through the TV and hitting a buzzer, they're probably not the person you want to be taking advice from. (13:56)
    So if you're wanting to be in a good place down the road, you're probably wanting to save, I would say at least 10% of your gross income. (29:59)
    Quote for the event. "So excelling in your money mindset doesn't mean a big net worth. Excelling in your money mindset means putting yourself in a position to make life most enjoyable to you. However, you may individually define that." (19:32)
    Securities offered through TFS Securities, Inc., and Advisory Services through TFS Advisory Services, an SEC Registered Investment Advisor Member FINRA/SIPC. TFS Securities, Inc., is located at 437 Newman Springs Road, Lincroft, NJ 07738 (732) 758-9300.

    • 59 min

Customer Reviews

5.0 out of 5
12 Ratings

12 Ratings

kcamp24 ,

Educational, relatable, and quick!

It can be daunting trying to figure out how to save for a wedding, car, house, etc.... Joe does a great job of providing information without leaving me overwhelmed!!

gameiiiiiii ,

Exceptionally easy to understand

Thank you for lessening my anxiety each week by simplifying my financial outlook and preparation for the future. Your easy manner and analogies into your family life allow each step to be uncomplicated and tension-free.

lexborino ,

SO good!

Joe is SO relatable! This is not just your typical run of the mill finance podcast. This is something anyone & everyone can listen to and learn from! I have basically zero knowledge when it comes to finances, kinda just do as I’m told but after episode 1, I already feel soo much more confident! Coming into 2021 ready to get it together! Thanks Joe!

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