The Momentum Advisors centers on personal financial advice, information on entrepreneurship and insight into how you can build a successful financial legacy for yourself––and your community. Allan & Andrea spend their days advising listeners on how to build and manage their wealth. Find them at Momentum-Advisors.com.
37: The New Millionaire
Jul 18, 2021
Show notes
COVID has created “a tale of 2 cities” where many people are struggling and a similar number of people are wealthier than ever. Between strong stock market performance and an even stronger housing market, we are seeing more people become millionaires than ever before. This episode discusses how these new millionaires are made, strategies to help them deal with their newfound wealth and tips on how you can be next in line.
36: Not Your Broke Best Friend
Jul 11, 2021
Show notes
Children start learning about money as early as three years old and it will take them decades to fully understand wealth. So the key is to start early. On this episode we give you an effective strategy for how to teach your kids--of all ages--about money. It's never too early or late to help expand your child's financial mindset.
35: Summer Spending
Jul 04, 2021
Show notes
Summer is the time to cut loose. Unfortunately, it can also mean cutting loose financially. These sunny months bring endless opportunities for traveling and socializing: holiday weekends, graduation parties, vacations, barbecues and family gatherings, summer camp, etc. Surveys find that 52% of parents spend more than they intend to every Summer. This episode talks about ways to save and how to be more strategic with your Summer spending.
34: Bankruptcy
Jun 27, 2021
Show notes
If you are deeply in debt and considering filing for bankruptcy, you are probably brimming with anxiety. Filing for bankruptcy can be complex and confusing because every case is so different. This episode breaks down everything you need to know about bankruptcy--and we guarantee some things will really surprise you. If you are considering bankruptcy or know someone who is about to file, make sure you tune in to this show first.
33: Your Money Mind
Jun 20, 2021
Show notes
Your psychological view of money has a huge impact on your money decisions. Determining what to spend money on, how much to save and evaluating your “safety net” are all steeped in what we call your “Money Mind.” On this episode we will help you identify your money mind; and some of the pitfalls and opportunities that go along with it.
32: You Don't Need a Financial Advisor (Yet!)
Jun 13, 2021
Show notes
Are you asking yourself, do I need a financial advisor? For many people, the answer is 'NO'. Even though financial advisors can assist you with your money in a number of crucial ways, most people don't know what a real financial advisor does or when they actually need one. This episode breaks down who is--and who is NOT--a financial advisor; as well as, if you really need a financial advisor at all; and IF you do, what questions you should be asking to ensure you pick the right one. This show is for people who are unsure about the need for a financial professional and for those who already have a financial advisor.
31: Your Generation, Part II
Jun 06, 2021
Show notes
This week we are continuing to highlight how to approach building generational wealth in spite of all the systemic setbacks and obstacles, like the Tulsa Massacre. We are delving deeper into specific strategies for building wealth in your family no matter where you are on our "Generational Spectrum." This episode is a continuation from "The Tulsa Massacre & Your Generation."
30: The Tulsa Massacre & Your Generation
May 30, 2021
Show notes
This week marks the 100th anniversary of the Tulsa Massacre that destroyed “Black Wall Street” in 1921. It was a horrible tragedy that is a major cause for today's wealth gap in the Black community. On this episode, we are highlighting how to approach building generational wealth in spite of all the systemic setbacks and obstacles, like the Tulsa Massacre. We are breaking down strategies for building wealth in your family no matter how much you're starting with.
29: Two Steps Forward or Two Steps Back?
May 23, 2021
Show notes
Most financial advisors want you to take baby steps toward your goals every year. While this works out well for most people, sometimes you have to do things a little differently, even if it means taking two steps back to move forward. We are breaking down an alternative approach to reaching your financial goals — which may involve doing some things that seem risky in the short run — in order to win big in the long run!
28: Money Conversation with Bae
May 16, 2021
Show notes
Several studies find that arguing about money early on in a marriage is the number one predictor of divorce; while couples who talk openly and frequently about money report being happier. This episode gives you strategies and topics on specific "money talks" you should have with your partner to ensure you both stay in control of your relationship. Financial friction can wreak havoc on your partnership and this show will help prevent that.