Future Rich with Barbara Ginty, CFP®

Latest Episodes:

267. EXPERT Kimberlee Davis - The Fiscal Feminist - "Your Partner Should Not Be Your Financial Plan" Nov 22, 2024

Show notes

In this episode of Future Rich, our special expert guest is Kimberlee Davis, Wealth Manager, Partner, Managing Director, Author, and The Fiscal Feminist.

Kimberlee's mission is to give women the tools and a roadmap to having a healthy relationship with money. She believes that we all have a personal responsibility to ourselves to be financially intentional so we can have control and peace of mind.

In this episode, Kimberlee shares her journey navigating personal finance, working as a lawyer, enduring a long and difficult divorce, and completely rebuilding her life and career at 54.

Some topics Kimberlee and Barb discuss are...

Why women must take ownership of their finances and recognize the importance of financial literacy
Rebuilding careers at different stages in life
The importance of negotiating in both personal and professional spaces
Why everyone should get a prenup and how they can even be romantic
...and more!

Get The Fiscal Feminist book HERE.

Follow @TheFiscalFeminist HERE.

Find Kimberlee Davis HERE.

If you'd like to be an anonymous guest on the podcast for our 2025 season and discuss your own personal finances with Barbara, you can apply here. We accept guests in any financial situation!

Leaving reviews on the podcast is the best way to boost us on the podcast platforms and help more listeners get #FutureRich

Download a free guide today to help plan your financial future!

Subscribe to our YouTube

Visit the Future Rich Podcast website for Financial Freebies and Classes

If you want to take ownership of your health, start with AG1. Try AG1 and get a FREE 1-year supply of Vitamin D3+K2 AND 5 free AG1 Travel Packs with your first purchase exclusively at drinkAG1.com/futurerich. That’s drinkAG1.com/futurerich.

The content in this podcast is for informational purposes only. All investment strategies and investments involve risk of loss. Nothing contained in this podcast should be construed as investment advice. Any reference to an investment's past or potential performance is not, and should not be construed as, a recommendation or as a guarantee of any specific outcome or profit.

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266. Barbara "When to Separate Finances from Your Partner" Nov 15, 2024

Show notes

Happy Friday! In today's solo episode of Future Rich, CFP Barbara Guinty discusses the complexities of managing finances in a relationship, specifically using an anonymous AITAH (Am I the A**hole) thread on Reddit as a jumping point.

Here is the start of the Reddit thread for context:

"AITAH for separating my finances from my husband because he keeps lending money to his parents? We've been together for over 9 years, and until this year, the thought of separating our finances never even crossed my mind."

Listen to find out what Barb's takeaways are and if she thinks this Reddit user is wrong for wanting to separate her finances.

If you'd like to be an anonymous guest on the podcast for our 2025 season and discuss your own personal finances with Barbara, you can apply here. We accept guests in any financial situation!

Leaving reviews on the podcast is the best way to boost us on the podcast platforms and help more listeners get #FutureRich

Download a free guide today to help plan your financial future!

Subscribe to our YouTube

Visit the Future Rich Podcast website for Financial Freebies and Classes

Advertising Inquiries: https://redcircle.com/brands

265. Jane "Should I Switch Careers as a Mom of Two at 38?" Nov 08, 2024

Show notes

Happy Friday Future Rich Fam! In this episode of the pod, CFP Barbara Ginty interviews the lovely Jane!

Jane and her husband both work in sales and have a combined bi-weekly gross pay of $7,550. They have two young children and their monthly expenses total $5,321. They also own two rental properties that bring in an additional $1,400 per month.

Jane is considering a career change and wants to be as financially prepared as possible. Jane and her husband have over $1 million in combined assets, including retirement accounts, a high-yield savings account, and a brokerage account. They have minimal debt, with only mortgages and a car payment.

Jane and Barb discuss...

Paying down their mortgage
Reducing Jane's work hours to pursue her passions
Healthcare costs with two young children
Different types of life insurance to consider as a married mother of two
The importance of estate planning
Early retirement for both Jane and her husband

We hope you enjoy this episode!

Would YOU like to be an anonymous guest on the podcast? We welcome guests in any financial situation! Apply here!

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264. Christina "Transitioning from a Sole Income to a Dual Income Household" Nov 01, 2024

Show notes

Happy Friday Future Rich fam! In today's episode, CFP Barbara Ginty interviews the lovely Christina!

Christina is a product designer from Nebraska. She's been the sole income earner in her household while her husband finishes grad school. Christina is looking for advice on transitioning into a dual-income household with new debt, especially since they recently bought a house and have student loans.

We hope you enjoy this episode!

Would YOU like to be an anonymous guest on the podcast? We welcome guests in any financial situation! Apply here!

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263. Natasha "Childcare Costs as High as Your Mortgage?!" Oct 25, 2024

Show notes

Happy Friday Future Rich Fam! In today's episode, CFP Barbara Ginty interviews the fabulous Natasha!

In this episode, Barbara and Natasha discuss the financial implications of parenthood, focusing on essential baby planning. Here are the takeaways from this episode...

Planning for a baby involves significant financial changes.
Budgeting for new expenses should start before the baby arrives.
Childcare costs can be as high as a mortgage payment.
Start researching childcare options early due to waitlists.
Having a separate bank account for baby expenses can help manage costs.
Estate planning is crucial for new parents.
Life insurance is essential to ensure financial security for the child.
529 plans offer flexible saving options for education.
Using tools like BabyList can simplify the baby registry process.
It's important to have a healthcare proxy in place before giving birth.

Would YOU like to be an anonymous guest on the podcast? We welcome guests in any financial situation! Apply here!

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262. Tegan "Being Financially Flexible as a Small Business Owner" Oct 11, 2024

Show notes

Happy Friday Future Rich Fam! In today's episode, CFP Barbara Ginty interviews the lovely Tegan!

Tegan is a strategic communications consultant who started her own consulting practice. She's been in business for almost a year and a half and is earning around $80,000 per year. Tegan is interested in planning for her retirement and wants to ramp down from work before officially retiring.

Tegan currently has saved...

$183,000 in her IRA
$74,500 in her Roth IRA
A Solo 401k with just under $1,000
$43,000 in non-retirement investments
$1,300 in crypto

Barbara offers Tegan advice on being flexible with her finances to be better equipped to handle ever-changing circumstances and goals in her life as a small business owner.

Would YOU like to be an anonymous guest on the podcast? We welcome guests in any financial situation! Apply here!

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261. Mia "Balancing Credit Card Debt While Saving for Fertility Treatments" Oct 04, 2024

Show notes

In today’s episode, CFP Barbara Ginty interviews the marvelous Mia!

Mia is 39 and lives in the Washington, D.C. area. She works as a Program Manager for the Federal Government. Her annual income is around $102K, and she has a mortgage, credit card debt, and student loans that she is actively working to pay off. Her main goals are to pay off $22K in credit card debt and save enough money for fertility treatments.

They discuss…

Strategies for paying off credit card debt
Managing expenses while saving for egg freezing.
Whether or not Nia should get a roommate
Identifying short-term sacrifices that will lead to long-term financial stability

Would YOU like to be an anonymous guest on the podcast? We welcome guests in any financial situation! Apply here!

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260. Megan "Paying Off $7K in Credit Card Debt and Maximizing Retirement Savings" Sep 27, 2024

Show notes

Happy Friday, Future Rich Fam! In today's episode, Barbara interviews the lovely Megan! Megan is 33 years old and works as a hospital worker in Wyoming. She owns a home with her husband, a first responder, and the owner of a construction company.

Barb and Megan discuss...

Megan and her husband's different incomes
How Megan saved around $57,000 for her retirement
Switching from whole life insurance to term insurance
Increasing contributions to Megan's Roth IRA
Focusing on paying off her $7,000 in credit card debt.
The pros and cons of filing taxes jointly or separately
The potential benefits of the Public Loan Forgiveness Program.

Would YOU like to be an anonymous guest on the podcast? We welcome guests in any financial situation! Apply here!

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259. Genevieve Pt. 2 "How To Be Intentional With Your Spending" Sep 20, 2024

Show notes

This is part two of last week’s episode #258 with Genevieve. If you haven’t listened to that episode, please listen before tuning in to this week’s episode.

To recap, today’s guest is the lovely Genevieve. She’s a 30-year-old director of marketing and communications for a mental health nonprofit organization.

Barb and Genevieve discuss…

Her unique interest-free lending program called Hebrew Free Loan
Her and her husband’s monthly expenses, including rent, groceries, entertainment, subscriptions, and loans.
The importance of tracking expenses and being intentional with spending.
How to allocate funds for vacations

**The audio quality of this recording is not as high as previous recordings! Thank you so much for your understanding. We hope you enjoy the episode!

Would YOU like to be an anonymous guest on the podcast? We welcome guests in any financial situation! Apply here!

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258. Genevieve Pt. 1 "Optimizing Taxes and Increasing Savings in a High Cost of Living Area" Sep 13, 2024

Show notes

Happy Friday! In today's episode, Barbara Ginty interviews Genevieve, a 30-year-old director of marketing and communications for a mental health nonprofit organization. This is the first part of the episode. Please come back next Friday for part two.

In part one of this episode, Genevieve and Barb discuss...

Genevieve's income with her relatively new job
High living costs in the Bay Area
Filing taxes jointly vs. separately and the potential impact on student loan payments and retirement savings
...and more!

**The audio quality of this recording is not as high as previous recordings! Thank you so much for your understanding, we hope you enjoy the episode!

Would YOU like to be an anonymous guest on the podcast? We welcome guests in any financial situation! Apply here!

Subscribe to our Youtube channel

Listen to us on Apple Podcasts

Advertising Inquiries: https://redcircle.com/brands