PODCAST · business
Financially Well
by Kevin Mahoney, CFP®
On this finance podcast for Millennials, Kevin Mahoney, CFP® connects personal finance advice to specific steps you can take toward greater financial wellness. Are you among the many Millennials ready for more financial clarity and confidence?
Episodes
-
Financially Well Podcast Hiatus
The Financially Well podcast will be going on hiatus to start 2026 as I focus on other projects. In the meantime, I want to suggest a few other personal finance podcasts that you might enjoy and benefit from. Talk to you soon!
-
How 5 Fee-Only Wealth Managers in Washington, DC Invest Their Money
These personal stories from 5 fee-only wealth managers in Washington, DC show that there isn't one correct way to invest your family's money. Welcome to Financially Well, the finance podcast for Millennials.
-
It's Not Too Late for a Roth Account
Parents often ask, "Is it too late?" For example, "My child is already three and I've heard that the first three years are the most important. Is it too late?" Kevin Mahoney discusses why, in both parenting and personal finance, you can "recover, rebuild, and begin again." You may regret a few of...
-
How to Spend an Inheritance
Money is a tool. A means to an end. And this includes an inheritance. The only difference is that those dollars may carry more emotional weight for you. As the book Die With Zero frames it, "Having money helps you to achieve the goal of enjoying your life." Whether it involves a big house for…
more -
The Price You Pay for Financial Complexity
Many companies rely on complexity to make money. Because complexity enables them to misprice their offerings. Kevin Mahoney discusses in this episode how complexity also exists in personal finance. Complex personal finance products, like whole life insurance, work for some people. But only for...
-
The Best Finance Podcasts for Millennials in 2025
What do my best finance podcasts for Millennials picks have in common? During my research, I looked for the following three criteria: Empathy Clarity Sustainability With that in mind, here are what I consider to be the 5 best finance podcast for Millennials in 2025.
-
How to Win the Investing Game
At one point, the U.S. stock market was up 27.49% in 2024. But you've probably never heard of the year's best-performing companies. Kevin Mahoney discusses why effective investing doesn't require you to know these companies. When you invest in "passive" index funds, you're not here for...
-
Opt for the Difficult Estate Plan
Without an estate plan, probate can tie up your money for anywhere from three months to five years. Your family is too valuable to you to settle for that outcome. Kevin Mahoney discusses how a professional will, trust, and medical directives can fit your unique circumstances. The right estate…
more -
The Risk of Sunlight and Tax Breaks
Research suggests that, when you invest in a 401(k), the tax break earns you an extra 0.73% each year. But you also lock up that money until you're 59 and a half. Is that risk worth the benefit to you? Kevin Mahoney, CFP®, who specializes in financial planning for Millennials, discusses how we...
-
Turning Stillness Into Better Investment Decisions
Over a 10-year period through 2022, the average investment fund returned 7.7%. But the average person invested in those funds earned only 6%. Why? Kevin Mahoney, CFP®, who specializes in financial planning for Millennials, explains that the difference between your investment return and your index...
-
Access (to a Mega Backdoor Roth) Matters
Compelling options to save for retirement, including the mega backdoor Roth, exist. But only if you have access. Kevin Mahoney, CFP®, who specializes in financial planning for Millennials, talks about how the opportunity to save $69,000 in a tax-advantaged account is no small thing. You should be...
-
Turning a Loss Into a Gain
We can't do much to prevent investment losses. But we have choices after an investment setback. Kevin Mahoney, CFP®, who specializes in financial planning for Millennials, explains tax-loss harvesting in this episode. He compares tax-loss harvesting to a famous incident from the 1500s, and...
-
The Power of a Roth IRA For Your Child
When your child makes a little money, the IRS will view the cash in their wallet as "earned income." But for once, this isn't a tax headache. Kevin Mahoney, CFP®, who specializes in financial planning for Millennials, talks about how these small paydays will create an opportunity for you to teach...
-
An Alternative To Saving More Money
You'd probably love to save more money. What part of your finances would that break, though? Kevin Mahoney, CFP®, who specializes in financial planning for Millennials, asks: what if you plan to work an extra 6-12 months before you retire? You may not want to choose that path. But the math at…
more -
What You Know About Your Future Retirement
Our retirement feels so far in the future. Yet, our retirement finances aren't a complete unknown. Even at young ages, we have data that can increase the chances we succeed. Kevin Mahoney, CFP®, who specializes in financial planning for Millennials, talks about how, in most cases, we can withdraw...
-
No One Taught You to Use an HSA
You're probably not making the most of your health savings account (HSA). Most likely, no one taught you that your approach is too narrow. Kevin Mahoney, CFP®, who specializes in financial planning for Millennials, explains the benefits of an HSA. But he also shares how, almost like breathing…
more -
Monet & the Reality of Luck
Amid unfavorable circumstances, Claude Monet focused on what he could control. He and his Impressionist peers launched an independent, competing art exhibition that drew attention to their work. But Kevin Mahoney, CFP®, who specializes in financial planning for Millennials, explains that Monet…
more -
Bluey & The Limits of Structure
Joe Brumm knew his approach to children's television didn't conform to conventional ideas. But he didn't care. He created the show Bluey to meet his own desired outcomes. Kevin Mahoney, CFP®, who specializes in financial planning for Millennials, discusses what we might learn from Joe Brumm and...
-
Artificial Financial Decisions
It's hard for anyone to figure out how and when we should actually use the money we've saved. Kevin Mahoney, CFP®, who specializes in financial planning for Millennials, explains how we can stick to our preferences. Even when short-term trends and distracting technology compete for our attention....
-
Moneyball
Have you ever felt stressed out when you're struggling with one particular aspect of your finances? Kevin Mahoney, CFP®, who specializes in financial planning for Millennials, proposes a solution: stay focused on the aggregate. Welcome to Financially Well, the finance podcast for Millennials.
-
15-Minute Finances
What would happen if we aimed to make the majority of our financial decisions within 15 minutes? Kevin Mahoney, CFP®, who specializes in financial planning for Millennials, discusses how this is possible if you accept a simple premise: the most basic foundational financial decisions will…
more -
Natural Finance
Natural wine, which lacks the mysterious additives that most conventional wines contain, continues to grow in popularity. It's a response to winemaking moving too far away from its simple, transparent, and natural origins. In this episode, Kevin Mahoney, CFP®, who specializes in financial…
more -
Arbitrary Stupid Goals
After we set an ambitious financial goal, such as retiring at a specific age, we often feel stuck. In this episode, Kevin Mahoney, CFP®, who specializes in financial planning for Millennials, discusses why, with money, most of the time, a good-enough solution is fine. But by setting arbitrary...
-
Parting Ways With Country Music
Taylor Swift's fourth studio album, Red, was the fastest-selling country music album ever. But one common critique of Red made Swift wince: it wasn't "sonically cohesive." The reason? Swift was stuck trying to please country music executives, despite her interests in pop music. In this episode,...
-
The Money Challenge
In 1975, Pepsi announced the "Pepsi Challenge." The marketing idea involved a simple blind taste test to determine the best soda in the country. In this episode, Kevin Mahoney, CFP®, who specializes in financial planning for Millennials, explains why we wish our financial decisions could work…
more -
Embracing a Third Place
A "third place" is a place that is outside home (first place) and work (second place), where people gather and interact. The first coffee shop in England opened in 1652, served this purpose. As have bars, libraries, and public squares. In this episode, Kevin Mahoney, CFP®, who specializes in...
-
Life in a Spreadsheet
More than 400,000 children around the world have learned to play the violin through the Suzuki Method. But Suzuki wasn't trying to produce world-class musicians. Instead, he viewed the violin as a means to an end. In this episode, Kevin Mahoney, CFP®, who specializes in financial planning for...
-
Financially Unreasonable
How often do you make unreasonable financial decisions? Probably not often enough. In this episode, Kevin Mahoney, CFP®, who specializes in financial planning for Millennials, shares 3 stories about unreasonable decision-making from the former general manager of the "World's Best Restaurant."…
more -
The Rules of Financial Improv
In 1997, Tina Fey left her home in Chicago for a job interview. This opportunity ultimately traced back to her early career days at an improv school. And in this episode, Kevin Mahoney, CFP®, who specializes in financial planning for Millennials, discusses how that experience changed Fey's...
-
What Rocks?
What are the big rocks in your financial life? In this episode, Kevin Mahoney, CFP®, who specializes in financial planning for Millennials, discusses how we spend too much time agonizing over small money decisions and not enough time on big decisions. But when we focus on our "big rocks," we're...
-
Flash Floods
We're more likely to face an extreme financial event than we believe. In this episode, Kevin Mahoney, CFP®, who specializes in financial planning for Millennials, discusses how we never exactly know the "what" or the "when." Faced with this uncertainty, we'd tend to avoid thinking through…
more -
Shadows or Spotlight
Until the Super Bowl, Rihanna hadn't performed in concert since August 2016. In this episode, Kevin Mahoney, CFP®, who specializes in financial planning for Millennials, discusses a review of Rihanna's Super Bowl halftime show. He focuses, in particular, on how Rihanna "prefers shadows to...
-
The Greatest Show on Turf
Do you ever feel like an underdog when making financial decisions? In this episode, Kevin Mahoney, CFP®, who specializes in financial planning for Millennials, shares a story from the 2001 NFL season, which cast a heavy underdog as its main character. This underdog failed once in his decision...
-
Stuck in Traffic
When did you last get stuck in traffic? In this episode, Kevin Mahoney, CFP®, who specializes in financial planning for Millennials, discusses what we can learn about our money from frustrating stop-and-go traffic on a congested highway. In our ongoing efforts to reduce uncertainty – whether in...
-
Searching for the Horizon
When did you last feel uncomfortable about the uncertainty surrounding a financial decision? In this episode, Kevin Mahoney, CFP®, who specializes in financial planning for Millennials, discusses how we can counter the deceiving inner dialogues we have about money. Ultimately, we'll never quite...
-
Why Millennials May Think About Money Differently Than Our Parents
Will our generation think differently about money in the years ahead? The "Great Recession" that started in 2007 seemed to highlight that Millennials face different financial realities than our parents. More recently, the pandemic and high inflation may have given us little choice but to approach...
-
Do Millennials Need to Worry About a Retirement Magic Number Yet?
Millennials continue to hear about how much they should save for retirement each year. And they continue to hear what they "should" have in savings at each age milestone, including a hypothetical retirement magic number. In this episode, Kevin Mahoney, CFP®, who specializes in financial planning...
-
How You Can Overcome a Hesitation to Use Your Savings
What reasons do you give for not using your savings once in a while, even on special, one-time experiences with family and friends? In the thought-provoking book Die With Zero, author Bill Perkins explains why we point to our risk tolerance, passion for our work, or concern for our kids as...
-
Are You Earning Enough Memories From Your Money?
When did you last use your money to create an experience or memory that made you feel happy, personally content, or proud? "Memories are an investment in our future selves," writes Bill Perkins, author of the book Die With Zero, that "pay dividends and help us live richer lives." Yet, in this...
-
Why Your Financial Confidence Matters as Much as Your Income
Does your level of wealth ultimately determine how you think and feel about money? A behavioral economist recently wanted to understand what characteristics and circumstances help improve our financial wellbeing. In this episode, Kevin Mahoney, CFP®, who specializes in financial planning for...
-
Will a Home Bias in Investing Limit Your Potential Wealth?
Is the U.S. always the best country in the world for investing your savings? Video ▶️ Watch this episode on YouTube *** Episode Description A Yale economist recently found that popular personal finance authors all show a home bias when offering investment recommendations. In this episode, Kevin...
-
3 Steps Millennials with Variable Income Can Take to Invest Consistently
Does an annual bonus make up a large part of your overall income? Do you own your own business or get paid based on a nine-month academic calendar? Many Millennials must learn to navigate a variable income dynamic at some point during the year. In this episode, Kevin Mahoney, CFP®, who…
more -
Your Investment Time Horizon: The Key to Saving More Money?
When you think about your finances, how far into the future do you plan? People who think at least 10 years ahead typically save significantly more money than their peers. In this episode, Kevin Mahoney, CFP®, who specializes in financial planning for Millennial parents, talks through how you…
more -
Will Money Management in Retirement Be Easier Than You've Heard?
Will you have enough money in retirement? In fact, you're more likely to grow your wealth in retirement than run out of money. In this episode, Kevin Mahoney, CFP®, who specializes in college financial planning for Millennial parents, discusses money management in retirement. In particular, he...
-
Why You May Not Need Fintech Apps for Investing on Your Phone
Where should you invest your money? Kevin Mahoney, CFP® will discuss the emergence of fintech apps. In particular, he'll review the differences between robo advisors and more traditional investment firms. Or, as he thinks of the decision, Betterment vs Vanguard. Kevin, who specializes in college...
-
The Most Underappreciated Reasons to Ask for a Raise
How long has it been since you last significantly increased your income? In this episode, Kevin Mahoney, CFP®, who specializes in college financial planning for Millennial parents, will discuss the most underappreciated reasons to ask for a raise this month. For most Millennials, a modest…
more -
Should You Wait to Buy a House if You Have a Low Mortgage Rate?
With mortgage rates climbing, should you wait to buy a house now? Welcome to Financially Well, the finance podcast for Millennials. In this episode, Kevin Mahoney, CFP® will discuss whether the housing market "reset" that we're experiencing means you should hold off on pursuing a new house,...
-
What Are the Benefits of Buy Now, Pay Later for Millennials?
When do the benefits of buy now, pay later (BNPL) payment plans outweigh the risks? Welcome to Financially Well, the finance podcast for Millennials. In this episode, Kevin Mahoney, CFP® will discuss the incentives and psychology behind the buy now pay later (BNPL) purchase option. Kevin, who...
-
The 5 Best Books for Millennials About Money
What are the best books for Millennials about money? Welcome to Financially Well, the finance podcast for Millennials. In this episode, Kevin Mahoney, CFP® will discuss a few of his favorite alternatives to financial blogs and social media posts. Our personal finances don't need to be…
more -
What to Do With an Inheritance Amid the "Great Millennial Wealth Transfer"
What should you do when you receive a small inheritance? Welcome to Financially Well, the finance podcast for Millennials. In this episode, Kevin Mahoney, CFP® will discuss the steps to take after you learn that you're set to receive a small financial windfall. Many financial institutions, both...
We're indexing this podcast's transcripts for the first time — this can take a minute or two. We'll show results as soon as they're ready.
No matches for "" in this podcast's transcripts.
No topics indexed yet for this podcast.
Loading reviews...
ABOUT THIS SHOW
On this finance podcast for Millennials, Kevin Mahoney, CFP® connects personal finance advice to specific steps you can take toward greater financial wellness. Are you among the many Millennials ready for more financial clarity and confidence?
HOSTED BY
Kevin Mahoney, CFP®
CATEGORIES
Loading similar podcasts...
Frequently Asked Questions
How many episodes does Financially Well have?
Financially Well currently has 69 episodes available on PodParley. New episodes are automatically indexed when they're published to the podcast feed.
What is Financially Well about?
On this finance podcast for Millennials, Kevin Mahoney, CFP® connects personal finance advice to specific steps you can take toward greater financial wellness. Are you among the many Millennials ready for more financial clarity and confidence?
How often does Financially Well release new episodes?
Financially Well has 69 episodes. Check the episode list to see recent publication dates and frequency.
Where can I listen to Financially Well?
You can listen to Financially Well on PodParley by clicking any episode. We provide an embedded audio player for direct listening, and you can also subscribe via your preferred podcast app using the RSS feed.
Who hosts Financially Well?
Financially Well is created and hosted by Kevin Mahoney, CFP®.
URL copied to clipboard!