• Podcast

    Face The Fear Podcast – Guest: Jordan Bell – The Good People Podcast

    On this podcast episode we sit down with Jordan Bell from The Good People Podcast. We have a heart-to-heart about millennials, finances, life experiences and what Jordan’s podcast is all about. Join us for a fun conversation and get to know us a bit more! PS – Hi Jordan’s mom! 🙂 

    Don’t forget to subscribe and leave a review! XOXO

    Face The Fear Website: https://www.facethefearfw.com

    Contact Us: facethefearfw@gmail.com

    YouTube: Face The Fear

    Instagram: @Face.The.Fear

    Facebook: Facebook.com/FaceTheFearFW

    Twitter: @Face_The_Fear

    Link to Jordan’s Podcast:
    https://soundcloud.com/thegoodpeoplepodcast

  • Podcast,  Retirement Planning

    Face The Fear Podcast – Father’s Day Chat with Darrell and Allison Perry

    On this special Father’s Day episode, we chat with Darrell and Allison Perry, a father-daughter duo! We hear from Darrell, the father of Allison on how he raised his two kids, advice he has given them in regards to finances and how that influenced Allison so far in her life. You won’t want to miss what they have to say!

    And if you like us, don’t forget to subscribe and leave a review! XOXO

    Face The Fear Website: https://www.facethefearfw.com

    Contact Us: facethefearfw@gmail.com

  • Insurance,  Podcast

    Face The Fear Podcast – Jenny Crabill, Life Insurance

    On this episode of Face The Fear, we break down the basics of life insurance with Jenny Crabill, a fellow Millennial and Advanced Life Insurance Case Analyst. Here are a few of the questions Jenny helps us answer:

    • What exactly is life insurance & why is it important?
    • Why do I need life insurance now if I’m young, healthy, and don’t have anyone depending on my income?
    • When is the best time to buy life insurance?
    • How much does life insurance really cost?
    • How do I purchase life insurance?

    LifeHappens.org

    Face The Fear Website: https://www.facethefearfw.com

    Contact Us: facethefearfw@gmail.com

    Don’t forget to subscribe and leave a review! XOXO

  • Budgeting

    Save Now, Live Later

    “It’s just money, you’ll make more,” is a fairly common phrase used by today’s millennials. In a world of instant gratification and two-day shipping, self-control has become nearly obsolete. We hardly bat an eye to make one click purchases or drop $300 for front row concert tickets, but putting money into a 401k or even a savings account seems like a total waste. At the ripe age of 23 I don’t have too many friends who are planning for retirement or even trying to save at all. While I do realize saving in your early twenties for something that seems like it will never come is hard, confusing, and completely overwhelming. However, being able to discover the importance of saving now versus later can impact many years of your life.

     For starters, let’s take a look at what now vs later actually looks like.  If you were to start saving at age 22 for retirement you probably wouldn’t have a ton of extra money to put in, but a little goes a long way. For example: you are 22 years old making $30,000 a year. If you were to put $225 per month (6% of your paycheck + $0.50 company match) at a 9% annual rate of return, it would give you $1,547,602 by the age of 67. That is not changing your contribution at all and assuming you started with $0 in your 401k account. Now let’s look at a 35-year-old making $60,000 a year. We are going to give them a $5,000 starting 401k balance and contribute amount of $450 a month until age 67. By the time they retire, they will have $1,044,338. In this scenario, the 22-year-old is going to retire with $500,000 more just from starting early! They were making less, contributing less, and starting with less, and still came out on top. Imagine where you could be with an increase in salary and a higher contribution amount each year. For the final scenario, let’s combine these two people. If the 22-year-old saved their $225 per month until age 35 and then their $450 a month until age 67, they would retire with $2,030,350.

    Time truly is money and these scenarios show the importance of beginning now. To run scenarios of your own, Dave Ramsey has a great online calculator which can be found at https://www.daveramsey.com/smartvestor/investment-calculator.

    Now after reading that, I am sure everyone is wanting to retire a millionaire, because… who wouldn’t want that? However, it’s a lot easier said than done. Finding the motivation and discipline can be a tough obstacle to overcome. Here are just a few tips to find your money motivation. The biggest thing is to surround yourself with it. Talk about, think about it, get excited about it. Grab a calendar and write out goals for where you want to be and when. Make short term achievable goals and stick to them. When you fall behind and don’t reach your goals, go back and write them again. Just keep doing this until it becomes a habit. Also, surround yourself with people who are wanting the same things. Being surrounded with friends who spend money as quick as they get it will make it that much harder to stay disciplined. Make sure to take advantage of any resources available to you (for example, everything Face The Fear has to offer!!). The more knowledge you are able to obtain, the better. One of my favorite things to do to motivate myself is to listen to Dave Ramsey’s podcast. Hearing about other people overcoming their debt and saving big is a great way to motivate yourself to do the same. So start now, don’t give up, and get rich.

    Article Written By: Sydney Ford

    Disclosure: The numbers given above are examples and are not guaranteed results and the company match varies by company.

  • Podcast

    Face The Fear Podcast – Mother’s Day Money Talk ft. Becky Rogers & Robin Schuller

    On this special Mother’s Day episode, we do some girl talk with Becky Rogers and Robin Schuller, two of the coolest moms of Millennials that we know! Becky and Robin share the financial secrets they wish they’d known when they were in their 20s and 30s, as well as the advice they’ve given their Millennial children about managing money. If you want to find out how to slay your financial goals, stay tuned!

    And if you like us, don’t forget to subscribe and leave a review! XOXO

    Face The Fear Website: https://www.facethefearfw.com

    Contact Us: facethefearfw@gmail.com

  • Podcast

    Face The Fear Podcast – Matt Erpelding, Estate Planning

    In this episode, we dive into Estate Planning 101 with Matt Erpelding, Director of Advanced Markets at Ash Brokerage. Think that Estate Planning is just something that rich people need to do? FALSE! 

    Here are a few of the questions Matt helps us answer:

    • What is estate planning and why is it important?
    • What are the differences between a trust, will, and estate?
    • What is a Power of Attorney?
    • When should someone start to create an estate plan?
    • How should Millennials start the conversation with their parents and family members about estate planning?
    • Where can someone go for guidance when creating an estate plan or will?

    Contact Us: facethefearfw@gmail.com

    Don’t forget to subscribe and leave a review! XOXO

  • Podcast

    Face The Fear Podcast – Chad Tallman, Financial Advisor

    In this episode, we chat with Chad Tallman, Financial Advisor*, about everything from investing, to budgeting, to retirement planning – all from a Millennial point-of-view. Chad debunks some common myths about financial advisors and provides tips for finding the right advisor who will best meet your needs. 

    Here are a few of the questions uncover in this episode:

    • How does someone start investing? 
    • What does “risk tolerance” mean?
    • Why is it important for Millennials to have a financial advisor and to develop a financial plan?
    • What does a holistic financial plan look like for a Millennial?
    • What questions should someone ask a financial advisor to make sure they are the right fit for them?
    • What is one thing you wish you know about finances when you were in your early 20s?

    Chad’s LinkedIn: https://www.linkedin.com/in/chadtallman/

    Contact Us: facethefearfw@gmail.com

    Don’t forget to subscribe and leave a review! XOXO

    *(Securities offered through Sigma Financial Corporation, Member FINRA/SIPC. Investment Advisory Services offered through Sigma Planning Corporation, A Registered Investment Advisor. CLN Financial is independent of Sigma Financial Corporation and Sigma Planning)

  • Budgeting

    Budgeting: 5 Tips & Tricks to Make the Budget Stick

    Have you ever spent an obscene amount of time researching and crafting the perfect budget, only to give up on it a week later like a poorly executed diet plan? Do you find yourself trying to stick to your budget but your inner Donna Meagle just won’t let you?

    If the answer is yes, you’re not alone! Only about a third of Americans actually make and maintain a budget (Yikes!). Being a college student newly introduced to the world of ‘adulting,’ I have tried countless methods in an attempt to set myself financially free. Here are some tips and tricks that have made my life easier (and hopefully yours, too).

    • Find an app or budgeting system that works for you.

    Mint and EveryDollar are great apps that allow you to budget and track your expenses. BUT, in case you want more options, Buzzfeed has already found, rated, and summarized 17 other apps to help you stay accountable. Other ways you can budget include Excel Spreadsheets, good old fashion pen and paper on templates like this template, journals, whiteboards, and more. You’ll want to make your budget before the month starts and adapt the budget to each month. Whether you’re picking up a side hustle in summer time or celebrating birthdays, you’ll need to account for everything! At the end of each month, see where you overspent and try to improve your budget for the next month ahead.

    • Get a calendar, find a place to hang it where you’ll see it, and fill in the boxes.

    Add your bills, the due dates, pricier events like birthdays, etc. to help you organize your expenses. It takes some time, but it’s totally worth it! If you have a fluctuating income, you could even add your day-to-day earnings on the calendar. This will help you visualize your month ahead and show you how much you need to have in your account by the next bill. Not to mention the satisfaction you’ll have when you get to cross out that bill for the month! If you want a more private alternative to this, create events with this information in your phone’s calendar and set reminders for yourself.

    • If you can, try to pay cash!

    I’m not suggesting you carry your entire life savings on you but try to keep only what you budgeted to spend for the day. This will force you to stay on target, and you won’t have to deal with credit card interests if you use cash! People tend to spend more money when they use a debit or credit card compared to when they use cash. With cash, you can look directly at what you have left and adjust your spending habits accordingly.

    Another reason why paying with cash can be helpful is all the loose change you’ll accumulate! You can keep these coins to yourself and cash them in at a later time for cash, or gift cards if you want to avoid fees. If you choose the cash option, you can turn that coin fund into an extra savings fund for your personal goals. You’ll be surprised how quickly coins add up.

    • Find a way to organize your cash.

    Some people like Dave Ramsey’s method of using envelops, but that’s not the only way. Another easy way to organize cash is by purchasing a hanging shoe organizer and put labels on each pocket with different budget categories such as groceries, gas, rent, clothing, etc. You could hang this in your closet, your office, or anywhere you feel would be safe. This cash should be for short-term purchases, not for your emergency fund or savings goals. For that money, I recommend a safe savings account. You can find a good savings account here.

    • Lastly, don’t be afraid to say no.

    In the beginning, budgeting will be difficult because you’ll have to tell yourself no more often—especially compared to your friends that don’t budget. Does this mean you have stay home all day and watch re-runs of the Office instead of hanging out with your friends?

    Of course not! There are plenty of free-to-low-cost ways to have fun. If you’re running low on your recreational fund, try some of these. Not only will this help you stay on track, but it will challenge you to do something different. Also, saying no lets you say yes later. Instead of spending money on late night trips to Taco Bell, you can put that money towards a short-term savings goal like a road trip!

    These tips have made me perfect my budgeting habits, and they may help you conquer the budget! If you need more ideas, Pinterest and Google will be your best friends. Just remember that the hardest part about budgeting is keeping yourself accountable and accepting that you’ll make mistakes. You will fail. You will adapt. You will overcome. Be patient and find a system that works for you. Your current self and future self will thank you!

    Article Contributed By: Kianna Dalton

    Contact Us: facethefearfw@gmail.com

  • Podcast

    Face The Fear Podcast – Chad Eyrich, Long Term Care

    In this episode, we sit down with Chad Eyrich, a Long Term Care Professional, to talk about what Long Term Care is, why it matters, and how to make sure you and your family have a plan in place if a Long Term Care event occurs. 

    Here are a few of the questions we get answered:

    • What is Long Term Care?
    • How does Long Term Care coverage work? What kind of options are available for Long Term Care coverage?
    • Why should Millennials be concerned about Long Term Care, especially when they are still so young and years away from needing this kind of service?
    • How can a Millennial start a conversation with their parents or grandparents about Long Term Care?

    Here are some quick Long Term Care Stats:

    • 52% percent of people turning age 65 today will need some type of long-term care services in their lifetimes
    • Average annual cost of private room in a nursing home (2017): $97,455
    • 34.2 million Americans have provided unpaid care to an adult 50 or over in the past 12 months
    • (https://bit.ly/2Mn8oL7

    Contact Us: facethefearfw@gmail.com

    Don’t forget to subscribe and leave a review! XOXO