Ep 30-The Best College Graduation Present Ever-They Paid Me to Leave!

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The 30th episode of the ‘Heart of Money’ podcast, hosted by Austin Bl and Bob Wessler, centered on the important topic of saving money for college. They shared personal experiences and advice about college savings plans, underscoring the benefits and limitations thereof. Bob detailed his approach for managing his children’s college savings, emphasizing advantages like educational discounts and scholarships. Austin, a novice in the process, shared his utilization of the post-tax 529 savings plan that offers tax-free growth when used for education expenses. The hosts exhaustively discussed two main avenues for funding higher education – the Education Savings Account (ESA) and the 529 plan, pointing out their unique features and limitations. The listeners were urged to continue researching and consulting with professionals, given the continuous evolution of these plans. The importance of seeking all available scholarships, regardless of eligibility criteria, was also stressed. The podcast concluded by underscoring the significance of early investments, consistency, planning, and professional advice in making higher education financially manageable.

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Ep 29-The Best Gifts are Cards, Flowers and Cash

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In episode 29 of the Heart of Money podcast, hosts Austin Blythe and Bob Wessler explore the subject of gift-giving, its influence on relationships, and its role in personal finance. They discuss the significance of understanding the intention and perception surrounding gifts and the importance of timing and maturity. Blythe and Wessler share insights taken from their experiences of receiving large gifts, distinguishing between gifts given with expectations and those born from pure generosity. The podcast concludes with the hosts encouraging the audience to contemplate their own gift-giving behaviors and attitudes.

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Ep 28-Play the Market or Pay the Interest?

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In the 28th episode of the “Heart of Money” podcast, host Austin Blog and guest Bob Wessler explored the risks involved in debt and investment. They discussed factors that determine whether one option might be less risky than the other, admitting there’s no definitive answer. The conversation examined debt versus investment from a long-term perspective, such as when one purchases real estate or makes retirement plans. The hosts underlined the importance of making considered decisions guided by understanding the market, emotional, logical, and economical parts, and avoiding impulse purchases. They warned about the risks in both debt and investment, advising listeners to seek wise counsel when making significant financial decisions. The episode ended with a call to listeners to engage in social media discussions, rate the podcast, and look forward to the next episode on personal finance learning.

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Ep 27-How to Find the Holes in Your Financial Hierarchy w/Kayla Moline

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In the 27th episode of “The Heart of Money” podcast, hosted by Austin Black, guest Kayla Moline, a business consultant, shared her journey from financial struggle to success. The discussion centered on the intersections of Maslow’s Hierarchy of Needs with financial management, exploring how factors like emotional health, physical environment, and individual financial status impact personal well-being. The speakers suggested that by addressing basic needs and organizing one’s physical surroundings, individuals could improve their financial and relational life. Moreover, they proposed setting small, reachable financial goals as a practical starting point for those feeling overwhelmed, and emphasized the importance of continuous personal growth.

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