HopeFilled Financial Podcast Jay Disberger

How safe is the stock market?
00:00 - Intro
00:38 - A Story Beyond Fear Story - Ft. Will Smith
08:35 - How Risky is the Stock Market?
In today's story, Jay recalls how a Will Smith video that he had shared on Facebook in 2017 changed the trajectory of his life forever. If you haven't seen it, this is the clip where Will Smith talks about his skydiving adventure and the fear that proceeded the jump. Find out how just sharing this clip had a huge butterfly effect. Have you ever had a butterfly effect life changing moment? Let us know in the comments!
In the main topic, Jay answers the question, "How risky is the stock market?" Investing is an act with the goal of attaining gain over time. The market is volatile, and leaves many scared by the unknowns of the future. Over time, how does an investor's certainty of gain improve (historically speaking)? Can time really help us more realistically project a healthy gain for our investments? Does the S&P500 actually yield an average of 11% per year? Can you get 12% like Dave Ramsey claims you can on the Dave Ramsey Show? What is the difference between a simple average and an annualized average? How are these different from a geometric average? Why does this matter to you?
Please don't forget to like, share, and subscribe! Doing so helps us grow and share HopeFilled financial wisdom. We release a new episode every Tuesday! Subscribe if you don't ever want to miss an episode! You can submit a question on our website (hopefilledfinancial.com) or message us on Facebook (@HopeFilledFinancial).
Disclaimer: This podcast serves as educational entertainment only. Any and all opinions relating to real estate, law, taxes, insurance, and/or securities investing that may be contained within this podcast should not be interpreted or implemented as recommendations nor advice. The opinions related to these topics – especially those regulated by state and/or federal entities – should never be taken as replacement for advice from a competent, licensed professional. HopeFilled Financial Coaching is not liable for any individual acting on any understanding of topics directly or indirectly related to real estate, legal practice, taxes, insurance, or investing even if an individual in question changed their understanding after listening to this podcast. All listeners are entirely responsible for seeking advice from licensed professionals before taking any action of their own.
Our Website: HopeFilledFinancial.com
Music: "Take Me Higher" by Jahzzar
Music Copyright License: This music is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by-sa/4.0/ or send a letter to Creative Commons, PO Box 1866, Mountain View, CA 94042, USA.

What are the top 3 things that Dave Ramsey gets right?
00:00 - Intro
00:33 - Foundations of Personal Finance Review
16:51 - Top 3 Things Dave Ramsey Gets Right
17:16 - #1 Staying Out of Consumer Debt
19:48 - #2 Behavior Over Math
21:54 - #3 Zero-Based Budgeting
In today's story, Jay shares what he learned in high school from Dave Ramsey's Foundations of Personal Finance curriculum. He also shares what he wishes he would have learned and some misconceptions he took away as a result. If you are interested in a personal finance curriculum for your teen, this is the episode for you!
In the main topic, Jay lists the top 3 things that Dave Ramsey gets right. He has given Dave a little flack with the 8% safe withdrawal rate thing lately, but he really does appreciate the work that Dave does. Jay truly doesn't want you to throw away the Baby Steps' good with the dirty 8% bath water. Find out what Jay thinks are the greatest things about Dave Ramsey in this episode.
Please don't forget to like, share, and subscribe! Doing so helps us grow and share HopeFilled financial wisdom. We release a new episode every Tuesday! Subscribe if you don't ever want to miss an episode! You can submit a question on our website (hopefilledfinancial.com) or message us on Facebook (@HopeFilledFinancial).
Disclaimer: This podcast serves as educational entertainment only. Any and all opinions relating to real estate, law, taxes, insurance, and/or securities investing that may be contained within this podcast should not be interpreted or implemented as recommendations nor advice. The opinions related to these topics – especially those regulated by state and/or federal entities – should never be taken as replacement for advice from a competent, licensed professional. HopeFilled Financial Coaching is not liable for any individual acting on any understanding of topics directly or indirectly related to real estate, legal practice, taxes, insurance, or investing even if an individual in question changed their understanding after listening to this podcast. All listeners are entirely responsible for seeking advice from licensed professionals before taking any action of their own.
Our Website: HopeFilledFinancial.com
Music: "Take Me Higher" by Jahzzar
Music Copyright License: This music is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by-sa/4.0/ or send a letter to Creative Commons, PO Box 1866, Mountain View, CA 94042, USA.

What does Monopoly have to do with Mutual Funds?
00:00 - Intro
00:39 - Monopoly Strategies Explained
11:20 - Turnover Ratio and Capital Gains Explained
In today's story, Jay shares his Monopoly strategies. He compares a property turnover strategy with a buy and hold strategy. Let us know what your best strategies are in the comments!
In the main topic, Jay explains why turnover ratios matter to YOU! Capital gains can cost you in taxes, and it is fundamental to understand before Jay introduces one of our next exciting topics!
Please don't forget to like, share, and subscribe! Doing so helps us grow and share HopeFilled financial wisdom. We release a new episode every Tuesday! Subscribe if you don't ever want to miss an episode! You can submit a question on our website (hopefilledfinancial.com) or message us on Facebook (@HopeFilledFinancial).
Disclaimer: This podcast serves as educational entertainment only. Any and all opinions relating to real estate, law, taxes, insurance, and/or securities investing that may be contained within this podcast should not be interpreted or implemented as recommendations nor advice. The opinions related to these topics – especially those regulated by state and/or federal entities – should never be taken as replacement for advice from a competent, licensed professional. HopeFilled Financial Coaching is not liable for any individual acting on any understanding of topics directly or indirectly related to real estate, legal practice, taxes, insurance, or investing even if an individual in question changed their understanding after listening to this podcast. All listeners are entirely responsible for seeking advice from licensed professionals before taking any action of their own. 
Our Website: HopeFilledFinancial.com 
Music: "Take Me Higher" by Jahzzar
Music Copyright License: This music is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by-sa/4.0/ or send a letter to Creative Commons, PO Box 1866, Mountain View, CA 94042, USA.

What do you need to know to get out of debt?
00:00 - Intro
00:42 - Rob Berger's Debt Story Reaction
15:05 - Two Cents Debt Advice 
In today's story, Jay reacts to Rob Berger's story of getting out of debt. What can you learn from his story?
Ed Jarecki EYB Collaboration: https://youtu.be/0KKDIwyKuMo?si=sP01CwqRFfRisvar
Video Link: Rob Berger: How to FINALLY Get Out of Debt | 7 Steps to Debt Freedom: https://youtu.be/1MDQ32T2_Bg?si=7BUKN2JNl8pWf0jZ
In the main topic, Jay breaks down HopeFilled Financial FootStep #3 - Get Out of Debt. He shares the nuances of different methods of getting out of debt: the avalanche method and the snowball method. He shows examples of each on his debt payment calculator spreadsheet tool. What else do you need to think about when paying off devt? Let us know in the comments!
Video Link: Two Cents: What's The Fastest Way To Pay Off Debt? https://youtu.be/PvEUj_mRfIo?si=A0dhO2VAr5nq-X73
NYT Article: https://archive.nytimes.com/bucks.blogs.nytimes.com/2012/08/20/to-get-out-of-debt-it-may-help-to-think-small/?mcubz=3&_r=0
Dave Ramsey IRS Call: https://www.youtube.com/watch?v=pI4VMV9S28k
Please don't forget to like, share, and subscribe! Doing so helps us grow and share HopeFilled financial wisdom. We release a new episode every Tuesday! Subscribe if you don't ever want to miss an episode! You can submit a question on our website (hopefilledfinancial.com) or message us on Facebook (@HopeFilledFinancial).
Disclaimer: This podcast serves as educational entertainment only. Any and all opinions relating to real estate, law, taxes, insurance, and/or securities investing that may be contained within this podcast should not be interpreted or implemented as recommendations nor advice. The opinions related to these topics – especially those regulated by state and/or federal entities – should never be taken as replacement for advice from a competent, licensed professional. HopeFilled Financial Coaching is not liable for any individual acting on any understanding of topics directly or indirectly related to real estate, legal practice, taxes, insurance, or investing even if an individual in question changed their understanding after listening to this podcast. All listeners are entirely responsible for seeking advice from licensed professionals before taking any action of their own.
Our Website: HopeFilledFinancial.com
Music: "Take Me Higher" by Jahzzar
Music Copyright License: This music is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by-sa/4.0/ or send a letter to Creative Commons, PO Box 1866, Mountain View, CA 94042, USA.

Should you freeze your new child's credit? Learn more about this and the Top 5 financial steps you should take ASAP after having a baby. If you have or are expecting children, today's episode is a must-listen!
00:00 - Intro
00:47 - I Missed My Son's Birth
15:20 - Top 5 Financial Steps After Baby
15:31 - #0 Update Your W-4
17:09 - #1 Call Insurance 
18:33 - #2 Attain SSN and Birth Certificate
21:36 - #3 Update Will and Beneficiaries
24:33 - #4 Freeze Your Child's Credit!
33:12 - #5 Open Up An ESA or 529
In today's story, Jay recounts the wild ride that was the birth of his second child. He missed the delivery by mere moments for an unexpected reason. If you like birth stories, this one will have you on the edge of your seat!
For the main topic, Jay shares his TOP 5 financial steps to take within the first two weeks of your child being born. While these may not seem urgent, just wait until you hear about #4! You can have a huge impact on your child's future financial success from the very day they are born! If there was anything we missed in this list, please let us know in the comments!
Reference Links:
Your Social Security Card Is Insecure - CGP Grey: https://www.youtube.com/watch?v=Erp8IAUouus
ngpf Q/A of the Day: https://www.ngpf.org/blog/question-of-the-day/question-of-the-day-what-percent-of-minors-under-18-years-of-age-have-had-their-identity-stolen/
The Truth About Child Identity Theft: https://www.safehome.org/identity-theft-protection/child-identity-theft-protection/
Please don't forget to like, share, and subscribe! Doing so helps us grow and share HopeFilled financial wisdom. We release a new episode every Tuesday! Subscribe if you don't ever want to miss an episode! You can submit a question on our website (hopefilledfinancial.com) or message us on Facebook (@HopeFilledFinancial).
Disclaimer: This podcast serves as educational entertainment only. Any and all opinions relating to real estate, law, taxes, insurance, and/or securities investing that may be contained within this podcast should not be interpreted or implemented as recommendations nor advice. The opinions related to these topics – especially those regulated by state and/or federal entities – should never be taken as replacement for advice from a competent, licensed professional. HopeFilled Financial Coaching is not liable for any individual acting on any understanding of topics directly or indirectly related to real estate, legal practice, taxes, insurance, or investing even if an individual in question changed their understanding after listening to this podcast. All listeners are entirely responsible for seeking advice from licensed professionals before taking any action of their own.
Our Website: HopeFilledFinancial.com
Music: "Take Me Higher" by Jahzzar
Music Copyright License: This music is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by-sa/4.0/ or send a letter to Creative Commons, PO Box 1866, Mountain View, CA 94042, USA.

Can gambling really become investing? Has anyone done it before?
00:00 - Intro
00:42 - How The Selbees Gamed the Lottery
07:49 - The Magical Coin Game
In today's story, Jay shares a story about a couple who gamed the lottery and made MILLIONS! Jay describes how the mathematical certainty of this particular game allowed this couple to use the lottery as an investment. Normally, playing any lottery game purely amounts to a gamble with poor odds. If the house always wins, how is this story possible? Did the house make a mistake?
The main topic covers an example Jay calls "The Magic Coin Game." In this game, you gamble money by placing it on a table. A coin is flipped. If it is heads, you double your money. If it is tails, you lose half of your money. In the game, the house is willing to play with you as many times as you would like. Gambling everything every time does not result in any statistical advantage for you. However, you can play this game 100% by the rules and twist the odds in your favor. There can be mathematical certainty that you gain money if you play in a particular way. This is what makes the coin game magic! In the end, Jay describes how this game can be an analogy for asset allocation theory in the investing world. At the very least, it is a proof of concept in a simplified context. The math on this one might hurt your brain a little bit!
Links:
CBS Article: https://www.cbsnews.com/news/jerry-and-marge-go-large-selbee-lottery-loophole-60-minutes-2022-06-10/#:~:text=All%20told%2C%20the%20Selbees%20grossed,grandchildren%20pay%20for%20their%20educations.&text=Even%20as%20their%20lottery%20winnings,continued%20to%20live%20without%20extravagance.
60 Minutes Full Story: https://www.youtube.com/watch?v=jtv5COcjGhw
Please don't forget to like, share, and subscribe! Doing so helps us grow and share HopeFilled financial wisdom. We release a new episode every Tuesday! Subscribe if you don't ever want to miss an episode! You can submit a question on our website (hopefilledfinancial.com) or message us on Facebook (@HopeFilledFinancial).
Disclaimer: This podcast serves as educational entertainment only. Any and all opinions relating to real estate, law, taxes, insurance, and/or securities investing that may be contained within this podcast should not be interpreted or implemented as recommendations nor advice. The opinions related to these topics – especially those regulated by state and/or federal entities – should never be taken as replacement for advice from a competent, licensed professional. HopeFilled Financial Coaching is not liable for any individual acting on any understanding of topics directly or indirectly related to real estate, legal practice, taxes, insurance, or investing even if an individual in question changed their understanding after listening to this podcast. All listeners are entirely responsible for seeking advice from licensed professionals before taking any action of their own.
Our Website: HopeFilledFinancial.com
Music: "Take Me Higher" by Jahzzar
Music Copyright License: This music is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by-sa/4.0/ or send a letter to Creative Commons, PO Box 1866, Mountain View, CA 94042, USA.