The Financial Dad Podcast

In this episode, we #askdad about debt consolidation. He tells us what it is, how to determine if it's a good idea, & if it impacts credit or not.“Should I consolidate my debt?” If you’re juggling credit cards, loans, or other debt — you’ve probably heard of debt consolidation as a solution. But what does that actually mean, and when is it worth it?In this Ask Dad: Financial Edition episode, we explain:💳 What debt consolidation is (in plain English)🧮 How it works and when it makes sense🚩 When it’s not the right move (even if it sounds good)📉 How it might affect your credit score✅ Tips to avoid common consolidation mistakesWhether you’re drowning in minimum payments or just looking to simplify your finances, this episode will help you understand your options — without the jargon.🔔 Subscribe for real money advice, straight from a Certified Financial Planner (aka Dad): https://www.youtube.com/@thefinancialdad💬 Got a question about debt, credit, or saving? Drop it below and we might feature it in a future video!The Financial Dad™ is a podcast for young adults and aspiring entrepreneurs to teach you the things you didn't learn in school or at home—from quarterly taxes to W9s to retirement plans to insurance and saving—we’ve got you covered.Hosted by:Tim Smith, CFP®, Bridget Sicsko (PR Strategist) + Hally Smith (Actress) *This is strictly for educational purposes and does not suffice as advice.* 👉Subscribe: https://www.youtube.com/@Thefinancialdad👀Follow:https://www.instagram.com/thefinancialdad_/ Website: https://thefinancialdad.com/✍️Trusted Resources:QuickbooksNotionRiverside

Welcome back to the Financial Dad Podcast! Today we’re talking about the different between debit cards and credit cards.We're covering:✅ When to use each✅ The benefits of each✅ And how to avoid that pesky and terrifying 26% credit interest rateWe hope this video helps you on your financial journey! Here's another video where we go even further into detail on credit cards:https://youtu.be/UNiBy5_QGQY?si=8L-IgkN8i9S3UEi6📈 Subscribe to The Financial Dad for bi-weekly money advice you can actually understand:  ⁨@Thefinancialdad⁩  💬 Let us know what other financial topics you're dying to learn about in the comments below.📢 Disclaimer:This content is for educational and informational purposes only and is not financial advice. Please consult a licensed financial professional for personal recommendations.The Financial Dad™ is a podcast for young adults and aspiring entrepreneurs to teach you the things you didn't learn in school or at home—from quarterly taxes to W9s to retirement plans to insurance and saving—we’ve got you covered.Hosted by:Tim Smith, CFP®, Bridget Sicsko (PR Strategist) + Hally Smith (Actress) *This is strictly for educational purposes and does not suffice as advice.* 👉Subscribe: https://www.youtube.com/@Thefinancialdad👀Follow:https://www.instagram.com/thefinancialdad_/ Website: https://thefinancialdad.com/✍️Trusted Resources:QuickbooksNotionRiverside

Checking vs. Savings Accounts....what’s the difference, and why do you need both?In this Ask Dad: Financial Edition video, we break down these two essential bank accounts so you actually understand what they’re for, how they work, and how to use them together to manage your money better.💰 Here’s what we cover:What a checking account is (and how it’s used for daily spending)What a savings account is (and why you don’t want to dip into it often)How interest works in savings accountsThis video is perfect for young adults, college students, or anyone trying to get a grip on personal finance basics.📈 Subscribe to The Financial Dad for weekly money advice you can actually understand:https://www.youtube.com/@thefinancialdad💬 Got a money question? Drop it in the comments — we answer real ones every week!📢 Disclaimer:This content is for educational and informational purposes only and is not financial advice. Please consult a licensed financial professional for personal recommendations.The Financial Dad™ is a podcast for young adults and aspiring entrepreneurs to teach you the things you didn't learn in school or at home—from quarterly taxes to W9s to retirement plans to insurance and saving—we’ve got you covered.Hosted by:Tim Smith, CFP®, Bridget Sicsko (PR Strategist) + Hally Smith (Actress) *This is strictly for educational purposes and does not suffice as advice.* 👉Subscribe: https://www.youtube.com/@Thefinancialdad👀Follow:https://www.instagram.com/thefinancialdad_/ Website: https://thefinancialdad.com/✍️Trusted Resources:QuickbooksNotionRiverside

What is a credit union and how does it work? This quick video explains how credit unions compare to banks, who can join, and why they might offer better rates.👍 like & subscribe for more easy money tips!#moneytok #financialliteracy #millennialmoney #genzfinance #howmoneyworks #bankingbasics #debtfreejourney #savemoneytips #creditunion #bankingtips  #personalfinance 📢 Disclaimer:This video is for educational purposes only and does not constitute financial or investment advice. Always consult a licensed financial professional before making investment decisions.The Financial Dad™ is a podcast for young adults and aspiring entrepreneurs to teach you the things you didn't learn in school or at home—from quarterly taxes to W9s to retirement plans to insurance and saving—we’ve got you covered.Hosted by:Tim Smith, CFP®, Bridget Sicsko (PR Strategist) + Hally Smith (Actress) *This is strictly for educational purposes and does not suffice as advice.* 👉Subscribe: https://www.youtube.com/@Thefinancialdad👀Follow:https://www.instagram.com/thefinancialdad_/ Website: https://thefinancialdad.com/✍️Trusted Resources:QuickbooksNotionRiverside

“How do I invest my money?” If you've ever asked that question and felt totally overwhelmed by all the options — this video is for you.In this episode of Ask Dad: Financial Edition, we break down the basics of investing in a way that actually makes sense. Whether you’re starting with $100 or planning for the long-term, we cover the mindset, strategy, and types of investments that can help you build wealth over time.📈 Here's what we talk about:What it actually means to investWhere to start if you’re brand newDifferent ways to invest (stocks, mutual funds, ETFs, etc.)Why time in the market beats timing the marketThe emotional side of investing (and how to stay calm during market dips)This episode is all about starting smart and taking the fear out of investing.🔔 Subscribe for more honest, no-fluff money advice with The Financial Dad: https://www.youtube.com/@thefinancialdad💬 Have a question for Dad? Drop it in the comments — we answer real ones every week!📢 Disclaimer: This video is for educational purposes only and does not constitute financial or investment advice. Always consult a licensed financial professional before making investment decisions.The Financial Dad™ is a podcast for young adults and aspiring entrepreneurs to teach you the things you didn't learn in school or at home—from quarterly taxes to W9s to retirement plans to insurance and saving—we’ve got you covered.Hosted by:Tim Smith, CFP®, Bridget Sicsko (PR Strategist) + Hally Smith (Actress) *This is strictly for educational purposes and does not suffice as advice.* 👉Subscribe: https://www.youtube.com/@Thefinancialdad👀Follow:https://www.instagram.com/thefinancialdad_/ Website: https://thefinancialdad.com/✍️Trusted Resources:QuickbooksNotionRiverside

🎥 What Is Life Insurance and When Do You Need It? | Ask Dad Series 👨‍👦Life insurance can feel confusing and overwhelming, but we've got you covered. We're talking about:🔹 What life insurance actually is🔹 Who really needs it (and who probably doesn’t — yet)🔹 Why it matters when you have a spouse or kids🔹 How affordable life insurance can actually beWhether you're just starting out in your 20s or building a family, this video will help you understand how life insurance fits into your financial picture.Check out our deep dive on Term vs. Whole Life Insurance here: https://www.youtube.com/watch?v=M5xdo0x7kI4🔔 Don’t forget to like, subscribe, and comment with your questions or topics you'd like us to cover next!📢 Disclaimer:This video is for educational and informational purposes only and does not constitute financial or legal advice. Please consult with a licensed financial professional before making financial decisions.#LifeInsurance #FinancialPlanning #AskDad #Adulting #InsuranceBasics #FamilyFinance #TermVsWholeLife #PersonalFinance #ProtectYourFamilyThe Financial Dad™ is a podcast for young adults and aspiring entrepreneurs to teach you the things you didn't learn in school or at home—from quarterly taxes to W9s to retirement plans to insurance and saving—we’ve got you covered.Hosted by:Tim Smith, CFP®, Bridget Sicsko (PR Strategist) + Hally Smith (Actress) *This is strictly for educational purposes and does not suffice as advice.* 👉Subscribe: https://www.youtube.com/@Thefinancialdad👀Follow:https://www.instagram.com/thefinancialdad_/ Website: https://thefinancialdad.com/✍️Trusted Resources:QuickbooksNotionRiverside

Feeling stuck in debt? You’re not alone...but there is a way out, and it doesn’t have to feel overwhelming.In this Ask Dad: Financial Edition episode, we walk through two clear strategies to help you start paying off debt, even if you don’t feel “good with money.” Plus, we talk about how becoming debt-free isn’t just a financial win — it’s a massive boost to your mental and emotional well-being too.💳 Here's what we cover:The Interest Rate Method: How to prioritize high-interest debtThe Minimum Payment Strategy: Why it takes so long (and how to change that)How small wins with debt payoff can reduce stress and build confidenceWhy this step is key to building wealth and peace of mindThis episode is perfect if you’re just getting started, feeling behind, or want to finally understand how to take control of your debt.📈 Subscribe for more practical, honest money tips from The Financial Dad: https://www.youtube.com/@thefinancialdad💬 Got questions about debt, budgeting, or saving? Drop them in the comments — we answer real ones every week!The Financial Dad™ is a podcast for young adults and aspiring entrepreneurs to teach you the things you didn't learn in school or at home—from quarterly taxes to W9s to retirement plans to insurance and saving—we’ve got you covered.Hosted by:Tim Smith, CFP®, Bridget Sicsko (PR Strategist) + Hally Smith (Actress) *This is strictly for educational purposes and does not suffice as advice.* 👉Subscribe: https://www.youtube.com/@Thefinancialdad👀Follow:https://www.instagram.com/thefinancialdad_/ Website: https://thefinancialdad.com/✍️Trusted Resources:QuickbooksNotionRiverside

Struggling to save money lately? You're not imagining it — inflation is eating into your budget. In this quick convo, my dad and I break down why saving feels harder than ever and what you can actually do about it.Learn:🔥How inflation impacts your ability to save🔥Why expenses rise faster than wages🔥What real options you have (and why you're not crazy for struggling)📉 It's simple math — but the impact is real. Watch for a quick dose of clarity and practical advice.👍 Like | 💬 Comment | 🔔 Subscribe📢 Disclaimer:This video is for educational and informational purposes only and does not constitute financial or legal advice. Please consult with a licensed financial professional before making financial decisions.#inflation #savingmoney #personalfinance #moneytips #inflationexplained #howtosavemoney #personalfinancetips #moneytalks #financialadvice #budgetingtips #costofliving #savemoney #inflation #moneymatters #financeforbeginnersThe Financial Dad™ is a podcast for young adults and aspiring entrepreneurs to teach you the things you didn't learn in school or at home—from quarterly taxes to W9s to retirement plans to insurance and saving—we’ve got you covered.Hosted by:Tim Smith, CFP®, Bridget Sicsko (PR Strategist) + Hally Smith (Actress) *This is strictly for educational purposes and does not suffice as advice.* 👉Subscribe: https://www.youtube.com/@Thefinancialdad👀Follow:https://www.instagram.com/thefinancialdad_/ Website: https://thefinancialdad.com/✍️Trusted Resources:QuickbooksNotionRiverside

In this episode of Ask Dad: Financial Edition, we break down what payday loans are, how they work, why they come with shockingly high interest rates (sometimes 400–500% annually), and who they target.We talk about:✅ What a payday loan actually is✅ Why they're not regulated like traditional bank loans✅ Real numbers: how 20% interest for 2 weeks = 500% APR✅ Why these loans often prey on low-income borrowers✅ Safer alternatives and what we'd love to see insteadIf you've ever considered a payday loan or are just trying to understand how money lending works — this is the breakdown you’ve been looking for.📈 Subscribe for more fast, honest financial lessons with The Financial Dad:https://www.youtube.com/@Thefinancialdad💬 Got a money question? Drop it in the comments and we’ll cover it in a future episode!📢 Disclaimer:This video is for educational and informational purposes only and does not constitute financial or legal advice. Please consult with a licensed financial professional before making financial decisions.#PaydayLoansExplained #TheFinancialDad #AskDad #LoanAdvice #PersonalFinance #PaydayLoanScam #HighInterestLoans #FinancialLiteracy #GenZMoney #MillennialFinance #HowInterestWorks #PredatoryLendingThe Financial Dad™ is a podcast for young adults and aspiring entrepreneurs to teach you the things you didn't learn in school or at home—from quarterly taxes to W9s to retirement plans to insurance and saving—we’ve got you covered.Hosted by:Tim Smith, CFP®, Bridget Sicsko (PR Strategist) + Hally Smith (Actress) *This is strictly for educational purposes and does not suffice as advice.* 👉Subscribe: https://www.youtube.com/@Thefinancialdad👀Follow:https://www.instagram.com/thefinancialdad_/ Website: https://thefinancialdad.com/✍️Trusted Resources:QuickbooksNotionRiverside

We never really talk about how much money we have — it’s *kinda* taboo, right? I decided to sit down with my dad to get some real, no-stress financial advice on savings, salary expectations, and why your career path really changes the game.We’re breaking down:✔️ How much you should have in an emergency fund✔️ What % of your salary you should aim to save✔️ How entrepreneurs and salaried employees should think differently about saving✔️ Why arbitrary timelines (like “by 30 I should have…”) don’t actually helpWhether you're just starting out, building your own thing, or wondering if you're "behind" — this convo is for you.✨ It's all situational. It’s all personal. And there’s no one-size-fits-all answer.🔔 Don’t forget to like, comment, and subscribe for more honest convos and helpful information — because everyone deserves a Financial Dad.📢 Disclaimer:This video is for educational and informational purposes only and does not constitute financial advice. Please consult with a qualified financial professional before making any personal finance decisions.#savingstips #moneytalk #financialadvice #30sfinance #askdad #entrepreneurlife #millennialmoney  #personalfinance #genzfinance #adultingThe Financial Dad™ is a podcast for young adults and aspiring entrepreneurs to teach you the things you didn't learn in school or at home—from quarterly taxes to W9s to retirement plans to insurance and saving—we’ve got you covered.Hosted by:Tim Smith, CFP®, Bridget Sicsko (PR Strategist) + Hally Smith (Actress) *This is strictly for educational purposes and does not suffice as advice.* 👉Subscribe: https://www.youtube.com/@Thefinancialdad👀Follow:https://www.instagram.com/thefinancialdad_/ Website: https://thefinancialdad.com/✍️Trusted Resources:QuickbooksNotionRiverside

“How do I even do my taxes?”If you’ve asked yourself that (or Googled it at 1am), you’re not alone.In this episode of Ask Dad: Financial Edition, we break down what “doing your taxes” actually means — whether you’re a W-2 employee, a freelancer, or side hustling on the weekends. We explain the basics in plain English: what forms you need, what counts as income, and what to watch out for so you don’t overpay (or get in trouble).📄 What we cover:What it really means to “do your taxes”W-2 vs. 1099 income (and why it matters)When to use TurboTax, an accountant, or free toolsWhat tax forms you need to save throughout the yearWhether this is your first time filing or you just want to stop guessing — this episode will help you feel more in control.📈 Subscribe for more fast, no-fluff money advice: https://www.youtube.com/@thefinancialdad💬 Got tax questions? Drop them in the comments — we answer real ones every week!📢 Disclaimer:This video is for educational purposes only and not intended as tax or legal advice. Always consult with a qualified tax professional for your personal situation.#TheFinancialDad #AskDad #HowToDoTaxes #FilingTaxes2025 #W2vs1099 #TaxTipsForYoungAdults #MillennialMoney #GenZFinance #FreelanceTaxes #FinancialLiteracyThe Financial Dad™ is a podcast for young adults and aspiring entrepreneurs to teach you the things you didn't learn in school or at home—from quarterly taxes to W9s to retirement plans to insurance and saving—we’ve got you covered.Hosted by:Tim Smith, CFP®, Bridget Sicsko (PR Strategist) + Hally Smith (Actress) *This is strictly for educational purposes and does not suffice as advice.* 👉Subscribe: https://www.youtube.com/@Thefinancialdad👀Follow:https://www.instagram.com/thefinancialdad_/ Website: https://thefinancialdad.com/✍️Trusted Resources:QuickbooksNotionRiverside

Ever wonder when you should start saving for retirement? The short answer: yesterday. In this episode of Ask Dad, we break down why starting early is the single most powerful move you can make for your future—and how to catch up if you’re starting late.Our certified financial planner (and actual dad) covers: ✅ Why compounding returns make early investing so powerful ✅ How much of your salary to save (and how company matches work) ✅ The difference between saving as an employee vs. self-employed ✅ What to do if you’re starting in your 30s or later ✅ How to adjust your savings rate to make up for lost timeWhether you’re fresh out of college or decades into your career, this episode will help you understand what you can do to save for your future.🔔 Don’t forget to like, comment, and subscribe — because everyone deserves a Financial Dad.#AskDad #RetirementSavings #FinancialLiteracy #YoungMoney #MillennialFinance #FinancialDad #HowToRetire #401kTips #PersonalFinanceTips #MoneyBasicshttps://thefinancialdad.com/The Financial Dad™ is a podcast for young adults and aspiring entrepreneurs to teach you the things you didn't learn in school or at home—from quarterly taxes to W9s to retirement plans to insurance and saving—we’ve got you covered.Hosted by:Tim Smith, CFP®, Bridget Sicsko (PR Strategist) + Hally Smith (Actress) *This is strictly for educational purposes and does not suffice as advice.* 👉Subscribe: https://www.youtube.com/@Thefinancialdad👀Follow:https://www.instagram.com/thefinancialdad_/ Website: https://thefinancialdad.com/✍️Trusted Resources:QuickbooksNotionRiverside

Ever looked at your pay stub and thought, what the heck does any of this mean? You're not alone. In this episode of Ask Dad: Financial Edition, we break down how to read your pay stub—line by line.Our certified financial planner (and actual dad) walks you through: ✅ What gross pay really means ✅ The difference between current and YTD ✅ What those deductions are (and why so much is taken out!) ✅ How to calculate your take-home pay ✅ What to watch for so you’re not caught off guardWhether you’re at your first job or finally trying to understand what FICA is, this episode will help you feel confident reading your paycheck.🔔 Don’t forget to like, comment, and subscribe — because everyone deserves a Financial Dad.#AskDad #PayStubExplained #FinancialLiteracy #YoungMoney #MillennialFinance #FinancialDad #HowToReadAPayStub #FirstJob #PersonalFinanceTips #MoneyBasicshttps://thefinancialdad.com/how to read a pay stub, understanding your paycheck, what is FICA, pay stub explained, financial literacy, paycheck breakdown, paycheck tips, financial education, financial tips for young adults, ask dad series, financial dad, millennial money tips, gen z money, first job money tips, how to read a paycheck, gross vs net pay, paycheck deductions explained, understanding taxes, personal finance basics, take home payThe Financial Dad™ is a podcast for young adults and aspiring entrepreneurs to teach you the things you didn't learn in school or at home—from quarterly taxes to W9s to retirement plans to insurance and saving—we’ve got you covered.Hosted by:Tim Smith, CFP®, Bridget Sicsko (PR Strategist) + Hally Smith (Actress) *This is strictly for educational purposes and does not suffice as advice.* 👉Subscribe: https://www.youtube.com/@Thefinancialdad👀Follow:https://www.instagram.com/thefinancialdad_/ Website: https://thefinancialdad.com/✍️Trusted Resources:QuickbooksNotionRiverside

If your savings have been sitting in a checking account or low yield savings account, you've made it to the right video. In today's episode of Ask Dad, we're covering the basics on High Yield Savings Accounts. We're talking what they are, why the bigger banks don't offer them, and how to start making money on top of your money. It's time to level up. 💸📈 Subscribe for more financial topics made plain and simple.💬 Have questions or thoughts? Drop a comment below.🔗 Want to dive deeper? Check out our videos on APY and bank accounts!APR vs APY https://youtu.be/aT-vazUgw4kHow Banks Work https://youtu.be/gw_g-hVjnqk📢 Disclaimer:This video is for educational and informational purposes only and does not constitute financial advice. Please consult with a qualified financial professional before making any personal finance decisions.#HighYieldSavings #MoneyTips #PersonalFinance #FinancialLiteracy #SavingMoney #BankingBasics #InvestSmart #FinancialFreedom #SmartMoneyMoves #MillennialMoney #MoneyHacks #InterestRates #BudgetBetter #Finance101 #AskDadThe Financial Dad™ is a podcast for young adults and aspiring entrepreneurs to teach you the things you didn't learn in school or at home—from quarterly taxes to W9s to retirement plans to insurance and saving—we’ve got you covered.Hosted by:Tim Smith, CFP®, Bridget Sicsko (PR Strategist) + Hally Smith (Actress) *This is strictly for educational purposes and does not suffice as advice.* 👉Subscribe: https://www.youtube.com/@Thefinancialdad👀Follow:https://www.instagram.com/thefinancialdad_/ Website: https://thefinancialdad.com/✍️Trusted Resources:QuickbooksNotionRiverside

What’s the difference between APR and APY? Why do banks say you’re earning interest, but your credit card balance keeps growing?In this episode of Ask Dad: Financial Edition, we break down what APR and APY actually mean, how interest works when you borrow or save, and how banks and credit card companies profit from both. If you’ve ever felt confused looking at your statement or unsure about how interest is calculated — this is the video to watch.📊 What we cover:What is APR? What is APY?Why your credit card interest rate looks “low” but costs so muchHow compound interest works (for and against you)How banks use APY to attract saversHow credit card companies make billions off APR🎯 This is one of those “wish I learned this sooner” videos — so hit save, share with a friend, and stay smart with your money.📈 Subscribe for more fast, clear financial answers: https://www.youtube.com/@thefinancialdad💬 Ask your own money question in the comments below!📢 Disclaimer:This video is for educational and informational purposes only and does not constitute financial advice. Please consult with a qualified financial professional before making any personal finance decisions.#APRvsAPY #AskDad #TheFinancialDad #InterestExplained #CreditCardInterest #MoneyTips #FinancialLiteracy #CompoundInterest #HowBanksMakeMoney #GenZFinance #MillennialMoneyThe Financial Dad™ is a podcast for young adults and aspiring entrepreneurs to teach you the things you didn't learn in school or at home—from quarterly taxes to W9s to retirement plans to insurance and saving—we’ve got you covered.Hosted by:Tim Smith, CFP®, Bridget Sicsko (PR Strategist) + Hally Smith (Actress) *This is strictly for educational purposes and does not suffice as advice.* 👉Subscribe: https://www.youtube.com/@Thefinancialdad👀Follow:https://www.instagram.com/thefinancialdad_/ Website: https://thefinancialdad.com/✍️Trusted Resources:QuickbooksNotionRiverside

Today we're asking a big one: "Dad, what is a mortgage?" From what it *actually* means to "own" a home, to how the bank fits into the picture, to what happens if you stop paying (hint: it's not just losing your house — it's losing your down payment, too 😬), this is a must-watch for anyone thinking about buying property or just trying to get ahead on financial 'adulting.'📌 Topics we cover:* What a mortgage *really* is (not just a fancy word for “loan”)* How collateral works in real estate* What foreclosure actually means* How down payments + principal payments = your equity* Why even homeowners don’t technically “own” their homes yet👇 Like what you heard? Like, comment, and subscribe — and don’t forget to **keep asking Dad**. He might just surprise you.📢 Disclaimer:The information in this video is for educational and informational purposes only. It is not intended as financial, legal, or mortgage advice. Please consult with a licensed professional before making any home-buying decisions.#AskDad #MortgagesExplained #FinancialLiteracy #FirstTimeHomeBuyer #RealEstateTips #Mortgage101 #Adulting The Financial Dad™ is a podcast for young adults and aspiring entrepreneurs to teach you the things you didn't learn in school or at home—from quarterly taxes to W9s to retirement plans to insurance and saving—we’ve got you covered.Hosted by:Tim Smith, CFP®, Bridget Sicsko (PR Strategist) + Hally Smith (Actress) *This is strictly for educational purposes and does not suffice as advice.* 👉Subscribe: https://www.youtube.com/@Thefinancialdad👀Follow:https://www.instagram.com/thefinancialdad_/ Website: https://thefinancialdad.com/✍️Trusted Resources:QuickbooksNotionRiverside

Does thinking about buying your first home fill you with dread? Confused by mortgages, down payments, interest rates, and wondering if it's actually realistic that you'll be able to afford any of it? You’re not alone....and this video is for you.In this episode of The Financial Dad, we break down how paying for a home actually works and what first-time Gen Z and Millennial buyers need to know before purchasing a home. Whether you're just starting to save or actively house hunting, we explain everything in plain English.🏡 Here's what we cover:What a mortgage is (and how it works)How much house you can really affordDown payments, PMI, and credit score basicsWhat lenders look for when approving a loanCommon first-time homebuyer mistakes to avoid📈 Subscribe for more real financial advice from a CFP dad & his daughters: https://www.youtube.com/@Thefinancialdad💬 Drop a comment: What’s your biggest question about buying a home?👍 Like + share if this helped simplify the mortgage process📢 Disclaimer:The information in this video is for educational and informational purposes only. It is not intended as financial, legal, or mortgage advice. Please consult with a licensed professional before making any home-buying decisions.#TheFinancialDad #FirstTimeHomeBuyer #HowToBuyAHouse #MortgageExplained #GenZFinance #MillennialMoney #BuyingAHome2025 #PersonalFinance #FinancialLiteracy #HomeBuyingTipsThe Financial Dad™ is a podcast for young adults and aspiring entrepreneurs to teach you the things you didn't learn in school or at home—from quarterly taxes to W9s to retirement plans to insurance and saving—we’ve got you covered.Hosted by:Tim Smith, CFP®, Bridget Sicsko (PR Strategist) + Hally Smith (Actress) *This is strictly for educational purposes and does not suffice as advice.* 👉Subscribe: https://www.youtube.com/@Thefinancialdad👀Follow:https://www.instagram.com/thefinancialdad_/ Website: https://thefinancialdad.com/✍️Trusted Resources:QuickbooksNotionRiverside

Welcome back (or welcome for the first time)! 👋 In this final video of our Business Planning Series, we’re walking you through the 8 essential things you need to kick off your business the right way — from defining your mission all the way to figuring out your timeline and priorities. Whether you're a freelancer starting solo or opening a full-blown coffee shop, this video will help you get clear, focused, and strategic. ☕💼This series has been such a learning journey for us too — especially as we worked through planning our own local coffee shop, The Brew Zone. ☕️ We’ve kept things real, practical, and full of insights that’ll help you actually apply what you're learning.👀 New here? Be sure to check out the full playlist — we dive deep into each topic with real examples and honest conversations.Watch the full video playlist here: https://www.youtube.com/watch?v=jNEop1uD6AA&list=PLjR_lobcAfJXVz6qgUgCSTkTamIz9Ut_W👉 Got questions or want to share your business journey? Drop a comment below or tag us on social media — we’d love to hear what you’re building. 💬💻✅ Don’t forget to like, comment, and subscribe so you don’t miss what’s coming next.We’re rooting for you! 💪📢 Disclaimer:The information in this video is for educational and informational purposes only. It is not intended as financial, legal, or HR advice. Please consult with a qualified professional who understands your specific situation before making any business decisions.#BusinessPlanning #StartupTips #SmallBusinessSupport #Entrepreneurship #BusinessStrategy #TheBrewZoneThe Financial Dad™ is a podcast for young adults and aspiring entrepreneurs to teach you the things you didn't learn in school or at home—from quarterly taxes to W9s to retirement plans to insurance and saving—we’ve got you covered.Hosted by:Tim Smith, CFP®, Bridget Sicsko (PR Strategist) + Hally Smith (Actress) *This is strictly for educational purposes and does not suffice as advice.* 👉Subscribe: https://www.youtube.com/@Thefinancialdad👀Follow:https://www.instagram.com/thefinancialdad_/ Website: https://thefinancialdad.com/✍️Trusted Resources:QuickbooksNotionRiverside

You can’t build a great business without a great team — and it starts with how you lead.In this episode of our Business Planning Series, we dive into what it really takes to hire the right staff and how to step confidently into your role as a CEO or manager. Whether you're hiring your first team member or thinking about leadership long-term, this episode gives you practical tips to build the kind of business culture people want to be part of.We also share how we’d approach staffing at our fictional coffee shop, The Brewzone, and what to look for when bringing people onto your team.👥 What we cover:How to know when it’s time to hireWhat to look for in your first employeesTips for interviewing and choosing the right peopleHow to create a strong team culture from day oneWhat it really means to be a great manager or CEO📈 Subscribe for the full business planning series: https://www.youtube.com/@thefinancialdad💬 Who was the best (or worst) boss you ever had? Drop it in the comments!👍 Like + share if this helped you feel more confident as a leader📢 Disclaimer:The information in this video is for educational and informational purposes only. It is not intended as financial, legal, or HR advice. Please consult with a qualified professional who understands your specific situation before making any business decisions.#TheFinancialDad #HiringTips #LeadershipForEntrepreneurs #SmallBusinessTeam #HowToBeACEO #BusinessPlanningSeries #BusinessTeamBuilding #TheBrewzone #CreativeEntrepreneurship #EntrepreneurLeadershipThe Financial Dad™ is a podcast for young adults and aspiring entrepreneurs to teach you the things you didn't learn in school or at home—from quarterly taxes to W9s to retirement plans to insurance and saving—we’ve got you covered.Hosted by:Tim Smith, CFP®, Bridget Sicsko (PR Strategist) + Hally Smith (Actress) *This is strictly for educational purposes and does not suffice as advice.* 👉Subscribe: https://www.youtube.com/@Thefinancialdad👀Follow:https://www.instagram.com/thefinancialdad_/ Website: https://thefinancialdad.com/✍️Trusted Resources:QuickbooksNotionRiverside

Let’s talk money — because starting a business takes it.In this episode of our Business Planning Series, we break down the most common ways to fund a new business — from grants to loans, outside investors, fundraising, and bootstrapping. We also share what we would consider for our fictional coffee shop, The Brewzone, and the pros and cons of each option.Whether you're looking for free money, applying for a small business loan, or using your savings — this episode helps you understand the options so you can make a smart financial move.💰 What we cover:How much money do you really need to start?The difference between grants, loans, and capitalWhat it means to self-fund or “bootstrap” a businessWhat to know about small business loansWhy not all money is good moneyThe Financial Dad™ is a podcast for young adults and aspiring entrepreneurs to teach you the things you didn't learn in school or at home—from quarterly taxes to W9s to retirement plans to insurance and saving—we’ve got you covered.Hosted by:Tim Smith, CFP®, Bridget Sicsko (PR Strategist) + Hally Smith (Actress) *This is strictly for educational purposes and does not suffice as advice.* 👉Subscribe: https://www.youtube.com/@Thefinancialdad👀Follow:https://www.instagram.com/thefinancialdad_/ Website: https://thefinancialdad.com/✍️Trusted Resources:QuickbooksNotionRiverside

**📋 What Goes Into an Operations Plan? | Business Planning Series**In this episode of our business planning series, we’re diving into **operations planning** — one of the most critical (and often overlooked) parts of your business plan.Whether you're running a brick-and-mortar shop, an online store, or working as a freelancer, your **operations plan** is where all the behind-the-scenes details come together. We break down what you need to think about, including:✅ Defining your operational process from lead to delivery✅ Tools, tech, and systems for smooth daily operations✅ Planning customer experience — from ambiance to service✅ Training, equipment, and logistics✅ Budgeting for startup and ongoing operational needs✅ Importance of testing your processes before launch✅ Tips for staying organized and keeping track of vendors, equipment, and purchasesThis episode is packed with practical advice and examples — from running a coffee shop to managing a consulting business — to help you think through every part of your business operations!🎥 **Don’t forget to like, comment, and subscribe** if you’re enjoying this series! Drop your questions below — we’re always reading the comments.#BusinessPlanning #OperationsPlan #SmallBusinessTips #Entrepreneurship #StartupHelp #BusinessStrategy #BusinessOperations #OperationsPlanning #StartupTips #BusinessPlanGuide #EntrepreneurLife #SmallBusinessOwner #OnlineBusiness #FreelancerTips #StartupChecklistThe Financial Dad™ is a podcast for young adults and aspiring entrepreneurs to teach you the things you didn't learn in school or at home—from quarterly taxes to W9s to retirement plans to insurance and saving—we’ve got you covered.Hosted by:Tim Smith, CFP®, Bridget Sicsko (PR Strategist) + Hally Smith (Actress) *This is strictly for educational purposes and does not suffice as advice.* 👉Subscribe: https://www.youtube.com/@Thefinancialdad👀Follow:https://www.instagram.com/thefinancialdad_/ Website: https://thefinancialdad.com/✍️Trusted Resources:QuickbooksNotionRiverside

Struggling to figure out how to actually market your business?In this episode of our Business Planning Series, we explore real marketing strategies that small business owners can actually use—no fluff, no big agency budgets. We use our fictional coffee shop, The Brewzone, to brainstorm marketing ideas in real time, so you can see exactly how to apply these strategies to your own business.Whether you're launching a local shop, a product brand, or an online service — this episode will help you think like a marketer and attract the right customers.📣 What we cover in this episode:A breakdown of popular small business marketing strategiesHow to decide which strategies fit your business modelOnline vs. offline marketing — how to chooseBrainstorming marketing ideas for The BrewzonePractical next steps to start building your marketing plan📢 Disclaimer:The information in this video is for educational and informational purposes only. It is not intended as financial, legal, or business advice. Please consult with a qualified professional who understands your specific situation before making any business decisions.#TheFinancialDad #MarketingStrategies #SmallBusinessMarketing #BusinessPlanMarketing #MarketingYourBusiness #BusinessPlanningSeries #MarketingForEntrepreneurs #TheBrewzone #StartABusiness2025 #CreativeEntrepreneursThe Financial Dad™ is a podcast for young adults and aspiring entrepreneurs to teach you the things you didn't learn in school or at home—from quarterly taxes to W9s to retirement plans to insurance and saving—we’ve got you covered.Hosted by:Tim Smith, CFP®, Bridget Sicsko (PR Strategist) + Hally Smith (Actress) *This is strictly for educational purposes and does not suffice as advice.* 👉Subscribe: https://www.youtube.com/@Thefinancialdad👀Follow:https://www.instagram.com/thefinancialdad_/ Website: https://thefinancialdad.com/✍️Trusted Resources:QuickbooksNotionRiverside

Let's get brutally honest about business ☕💼In this Episode 4 of our Business Planning Series, we’re diving deep into the world of business strategy with one of the most powerful tools out there — the SWOT Analysis! 💡 Whether you’re a budding entrepreneur, small business owner, or just curious about how successful businesses stay ahead, this one’s for you.🧠 What’s inside:What the heck is a SWOT Analysis? A breakdown of Strengths, Weaknesses, Opportunities, and Threats — and why they matter.A fun, real-world walkthrough featuring our fictional coffee shop, BrewZone ☕ How YOU can apply SWOT to your own business or side hustle📈 Don’t forget to like, subscribe to , and hit that bell 🔔 for more episodes packed with practical tips and good vibes.📢 Disclaimer:The information in this video is for educational and informational purposes only. It is not intended as financial, legal, or business advice. Please consult with a qualified professional who understands your specific situation before making any business decisions.#FinancialDad #SWOTAnalysis #BusinessTips #Entrepreneurship #BrewZone #SmallBusiness #podcast #BusinessStrategy #EntrepreneurLife #SmallBusinessTips #Startup #SWOTAnalysis #BusinessGrowth #FinancialEducation #MarketingStrategy #BusinessMindset #PodcastForEntrepreneurs #StartupGrowth #BusinessTips2025 #FinancialDadPodcastThe Financial Dad™ is a podcast for young adults and aspiring entrepreneurs to teach you the things you didn't learn in school or at home—from quarterly taxes to W9s to retirement plans to insurance and saving—we’ve got you covered.Hosted by:Tim Smith, CFP®, Bridget Sicsko (PR Strategist) + Hally Smith (Actress) *This is strictly for educational purposes and does not suffice as advice.* 👉Subscribe: https://www.youtube.com/@Thefinancialdad👀Follow:https://www.instagram.com/thefinancialdad_/ Website: https://thefinancialdad.com/✍️Trusted Resources:QuickbooksNotionRiverside

What makes your business stand out — and who are you really selling to?In Episode 3 of our Business Planning Series, we use our fictional coffee shop, The Brewzone, to show how to define your Unique Selling Proposition (USP) and identify your target market. These two things shape your branding, your marketing, and your entire business strategy.If you're building a brand that stands out in a crowded market, this is the episode to watch.☕ What we cover in this episode:What is a unique selling proposition (USP)?Why your USP is the core of your competitive edgeHow to define your target market (with real questions to ask)How The Brewzone uses its USP to attract the right customersWhat happens when you try to market to everyone📈 Subscribe to follow the full business planning series: https://www.youtube.com/@thefinancialdad💬 Drop a comment: What makes your business different?👍 Like + share if this helped you clarify your message📢 Disclaimer:The information in this video is for educational and informational purposes only. It is not intended as financial, legal, or business advice. Please consult with a qualified professional who understands your specific situation before making any business decisions.#TheFinancialDad #UniqueSellingProposition #USPExplained #TargetMarket #BusinessPlanBasics #BusinessPlanningSeries #StartABusiness2025 #CreativeEntrepreneur #SmallBusinessTips #FinancialLiteracyThe Financial Dad™ is a podcast for young adults and aspiring entrepreneurs to teach you the things you didn't learn in school or at home—from quarterly taxes to W9s to retirement plans to insurance and saving—we’ve got you covered.Hosted by:Tim Smith, CFP®, Bridget Sicsko (PR Strategist) + Hally Smith (Actress) *This is strictly for educational purposes and does not suffice as advice.* 👉Subscribe: https://www.youtube.com/@Thefinancialdad👀Follow:https://www.instagram.com/thefinancialdad_/ Website: https://thefinancialdad.com/✍️Trusted Resources:QuickbooksNotionRiverside

What do you stand for — and where are you going?In Episode 2 of our Business Planning Series on The Financial Dad, we break down how to write a powerful vision and mission statement for your business plan. These aren’t just fancy words — they’re the foundation of your brand, your goals, and your strategy.Whether you're just starting out or refining an existing idea, this episode will help you clarify your purpose, define your long-term vision, and communicate what makes your business matter.🔍 What we cover in this episode:What’s the difference between a mission and a vision statement?Why these statements matter in your business planHow to write a mission statement that speaks to your customer (and bank)How to craft a vision that inspires long-term growthReal examples to guide you00:00 Understanding Vision and Mission03:13 Crafting a Vision Statement06:11 Defining the Mission Statement09:15 Balancing Specificity and Generalization12:04 Final Thoughts and Homework Assignment📈 Subscribe for the full 9-part business planning series: 💬 Drop a comment: What’s your mission? Let’s hear it.👍 Like + share if this helped you get clarity on your business direction📢 Disclaimer:The information in this video is for educational and informational purposes only. It is not intended as financial, legal, or business advice. Please consult with a qualified professional who understands your specific situation before making any business decisions.The Financial Dad™ is a podcast for young adults and aspiring entrepreneurs to teach you the things you didn't learn in school or at home—from quarterly taxes to W9s to retirement plans to insurance and saving—we’ve got you covered.Hosted by:Tim Smith, CFP®, Bridget Sicsko (PR Strategist) + Hally Smith (Actress) *This is strictly for educational purposes and does not suffice as advice.* 👉Subscribe: https://www.youtube.com/@Thefinancialdad👀Follow:https://www.instagram.com/thefinancialdad_/ Website: https://thefinancialdad.com/✍️Trusted Resources:QuickbooksNotionRiverside

What’s the point of a business plan — and do you really need one to start a business?In Episode 1/9 of our Business Planning Series on  @Thefinancialdad we break down what a business plan actually is, why it matters, and how it can help you stay focused, organized, and profitable as you grow your business.Whether you're launching a side hustle, creative brand, or full-on company — understanding the purpose of a business plan is the first step to building something that lasts.📝 What we cover in this episode:What is a business plan?Why every business (big or small) needs oneHow a plan helps you stay focused and avoid wasting moneyThe #1 mindset shift new entrepreneurs needWhat’s coming in the rest of this 8-part series📈 Subscribe for more practical business and money content: https://www.youtube.com/@Thefinancialdad💬 Drop a comment: Are you starting a business? What’s your big idea?👍 Like + share if this helped you see the why behind the plan📢 Disclaimer:The information in this video is for educational and informational purposes only. It is not intended as financial, legal, or business advice. Please consult with a qualified professional who understands your specific situation before making any business decisions.#TheFinancialDad #BusinessPlanBasics #HowToStartABusiness #BusinessPlanningSeries #EntrepreneurTips #SmallBusinessStrategy #MoneyTips #CreativeEntrepreneur #FinancialLiteracyThe Financial Dad™ is a podcast for young adults and aspiring entrepreneurs to teach you the things you didn't learn in school or at home—from quarterly taxes to W9s to retirement plans to insurance and saving—we’ve got you covered.Hosted by:Tim Smith, CFP®, Bridget Sicsko (PR Strategist) + Hally Smith (Actress) *This is strictly for educational purposes and does not suffice as advice.* 👉Subscribe: https://www.youtube.com/@Thefinancialdad👀Follow:https://www.instagram.com/thefinancialdad_/ Website: https://thefinancialdad.com/✍️Trusted Resources:QuickbooksNotionRiverside

In this episode of the Financial Dad Podcast, we sat down with Brian Richards, the founder and CEO of SaunaSpace. Brian shared his journey from real estate to the health and wellness industry, driven by personal health challenges. He talked about the evolution of his business, the importance of finding the right team, and the lessons learned along the way. 💡 Brian's journey began with personal health challenges.💡 SaunaSpace was born from a passion for health and wellness.💡 The importance of finding the right team and cultural fit.💡 Time management is crucial for entrepreneurs.💡 Personal development enhances business success.💡 Utilizing the EOS system can streamline operations.💡 Growth requires adapting to new challenges and opportunities.💡 Self-care is essential for effective leadership.💡 Hiring the right people can lead to unexpected success.💡 Entrepreneurs should focus on working on their business, not just in it.00:00 The Journey Begins: From Personal Health to Entrepreneurship09:59 Building a Business: Challenges and Triumphs17:28 Scaling Up: Company Growth and Culture24:05 Innovations and Future Directions30:13 The Importance of Time Management37:35 Lessons Learned: Successes and Mistakes42:50 Advice for Young EntrepreneursWhere to find Brian:Website: https://sauna.spaceInstagram: @saunaspace https://www.instagram.com/saunaspace/Facebook: https://www.facebook.com/saunaspace/Youtube: https://www.youtube.com/saunaspaceThings Mentioned:Traction: Get a Grip on Your Business by Gino WickmanAsana work management platform The Financial Dad™ is a podcast for young adults and aspiring entrepreneurs to teach you the things you didn't learn in school or at home—from quarterly taxes to W9s to retirement plans to insurance and saving—we’ve got you covered.Hosted by:Tim Smith, CFP®, Bridget Sicsko (PR Strategist) + Hally Smith (Actress) *This is strictly for educational purposes and does not suffice as advice.* 👉Subscribe: https://www.youtube.com/@Thefinancialdad👀Follow:https://www.instagram.com/thefinancialdad_/ Website: https://thefinancialdad.com/✍️Trusted Resources:QuickbooksNotionRiverside

Thinking about starting a business in 2025? Whether you're launching a side hustle, creative brand, or full-on company — this video breaks down what you need to know before you take the leap.In this episode of The Financial Dad, I sit down with my dad (a Certified Financial Planner with 30+ years of experience) to talk through the financial foundation every new entrepreneur should have. We cover startup costs, business structure, tax basics, and how to avoid the biggest mistakes people make when launching.If you're a creative, freelancer, or self-employed dreamer — this one’s for you.🚀 What we cover:What to do before you start a businessHow to estimate your startup costs (like insurance if needed!)Why a business plan is (still!) an important stepFunding options & understanding business taxesWhat no one tells you about running your own businessWhy a brand matters (this is what your customers interact with!)0:00 Intro  0:25 Skip the Intro / Start Here📈 Subscribe for financial advice that actually applies to creatives and entrepreneurs: https://www.youtube.com/@Thefinancialdad💬 Thinking of starting a business? Drop your idea in the comments!👍 Like + share if this helped you feel more prepared to launch📢 Disclaimer:The information in this video is for educational and informational purposes only. It is not intended as financial, legal, or tax advice. Please consult with a qualified financial advisor, accountant, or legal professional who understands your specific situation before making any business decisions.#TheFinancialDad #StartABusiness2025 #EntrepreneurTips #SmallBusinessBasics #FinancialLiteracy #CreativeEntrepreneurs #MoneyTips #HowToStartABusiness #FinanceForCreators #YoungAdultFinanceThe Financial Dad™ is a podcast for young adults and aspiring entrepreneurs to teach you the things you didn't learn in school or at home—from quarterly taxes to W9s to retirement plans to insurance and saving—we’ve got you covered.Hosted by:Tim Smith, CFP®, Bridget Sicsko (PR Strategist) + Hally Smith (Actress) *This is strictly for educational purposes and does not suffice as advice.* 👉Subscribe: https://www.youtube.com/@Thefinancialdad👀Follow:https://www.instagram.com/thefinancialdad_/ Website: https://thefinancialdad.com/✍️Trusted Resources:QuickbooksNotionRiverside

Remember, this is day 15/22 of our 22 day spring into finances FREE financial literacy mini series. Head over to our Youtube channel for the full thing!What is a stock, really? And how do things like ETFs, mutual funds, or bonds fit into the picture?In Part 2 of our Investing Series on The Financial Dad, I sit down with my dad (a Certified Financial Planner with 30+ years of experience) to explain what you’re actually investing in — from individual stocks to bonds, ETFs, mutual funds, calls & puts, and even variable annuities.If investing terms have ever made your eyes glaze over, this video will finally make it click.📊 What we cover:What is a stock and how does it work?How to invest in a stock (without guessing or gambling)What’s the difference between ETFs, mutual funds, and index fundsWhat are bonds and why do people invest in them?A simple explanation of calls and puts (and why they’re risky)What’s a variable annuity and who are they for?📈 Subscribe to follow the full Investing Series + weekly financial education: www.youtube.com/@Thefinancialdad💬 Got questions about any of these terms? Drop them below — we’ll answer in future videos!👍 Like + share to help demystify investing for othersWatch the full series:Investing 101: https://www.youtube.com/watch?v=rxBR4U3flHo (part 1 )Part 2 - this video!📢 Disclaimer:The information in this video is for educational and informational purposes only. It is not intended as financial, legal, or investment advice. Please consult with a qualified financial advisor or investment professional who understands your specific situation before making any financial decisions.#TheFinancialDad #InvestingBasics #StocksETFsBonds #FinancialLiteracy #InvestmentTermsExplained #YoungAdultMoney #FinanceForCreatives #HowToInvest #StockMarketEducationThe Financial Dad™ is a podcast for young adults and aspiring entrepreneurs to teach you the things you didn't learn in school or at home—from quarterly taxes to W9s to retirement plans to insurance and saving—we’ve got you covered.Hosted by:Tim Smith, CFP®, Bridget Sicsko (PR Strategist) + Hally Smith (Actress) *This is strictly for educational purposes and does not suffice as advice.* 👉Subscribe: https://www.youtube.com/@Thefinancialdad👀Follow:https://www.instagram.com/thefinancialdad_/ Website: https://thefinancialdad.com/✍️Trusted Resources:QuickbooksNotionRiverside

This is day 8/22 of our FREE financial literacy mini series over on our Youtube channel—head there for the full series!Income taxes can feel confusing (and kinda painful), but understanding what they are and why we pay them is a huge part of leveling up your financial literacy.In this episode of The Financial Dad, I sit down with my dad — a Certified Financial Planner with over 30 years of experience — to explain how income taxes work, where your money goes, and how taxes affect your paycheck, your side hustle, and your financial goals.If you’re a young adult, creative, or entrepreneur and no one ever taught you this stuff — this video is for you.💸 What we cover:What income taxes are and who pays themThe difference between gross and net incomeWhat taxes actually fund (and where your money goes)Tips for W-2 workers vs. freelancersWhy understanding taxes = keeping more of your money long term📈 Subscribe for weekly, no-fluff money talks: www.youtube.com/@Thefinancialdad💬 Drop your tax questions in the comments — we’ll cover them in future episodes!👍 Like + share to help more people understand their money📢 Disclaimer:The information in this video is for educational and informational purposes only. It is not intended as financial, legal, or investment advice. Please consult with a qualified financial advisor, accountant, or professional who understands your specific situation before making any financial decisions.#TheFinancialDad #IncomeTaxes #TaxBasics #FinancialLiteracy #MoneyTips #TaxesExplained #PersonalFinanceThe Financial Dad™ is a podcast for young adults and aspiring entrepreneurs to teach you the things you didn't learn in school or at home—from quarterly taxes to W9s to retirement plans to insurance and saving—we’ve got you covered.Hosted by:Tim Smith, CFP®, Bridget Sicsko (PR Strategist) + Hally Smith (Actress) *This is strictly for educational purposes and does not suffice as advice.* 👉Subscribe: https://www.youtube.com/@Thefinancialdad👀Follow:https://www.instagram.com/thefinancialdad_/ Website: https://thefinancialdad.com/✍️Trusted Resources:QuickbooksNotionRiverside

This is episode 1 of a 22 day series over on our Youtube channel! Head over there for the full series. In this episode of The Financial Dad, we’re breaking down foundational money concepts everyone should know! I sit down with my dad — a Certified Financial Planner with over 30 years of experience — to explain supply and demand, interest, and how to set realistic financial goals.Whether you're just starting your money journey or brushing up on the basics, this 12-minute chat will leave you feeling more confident about your finances.0:00 Intro0:25 Skip intro0:40 What is Supply & Demand2:30 What is Opportunity Cost💡 What we cover:What supply and demand actually means in everyday lifeHow interest works (and why it can be your best friend or worst enemy)The importance of having clear financial goals — and how to set them📈 Subscribe for more real talk on money, entrepreneurship, and building wealth from the ground up!📢 Video Disclaimer:The information in this video is for educational and informational purposes only. It is not intended as financial, legal, or investment advice. Please consult with a qualified financial advisor or professional who understands your specific situation before making any financial decisions.👉 New videos every week: www.youtube.com/@Thefinancialdad👍 Like this video if you learned something new📝 Drop a comment — what financial topic should we cover next?#TheFinancialDad #FinancialLiteracy #MoneyTips #FinanceForBeginners #PersonalFinance #FamilyFinanceThe Financial Dad™ is a podcast for young adults and aspiring entrepreneurs to teach you the things you didn't learn in school or at home—from quarterly taxes to W9s to retirement plans to insurance and saving—we’ve got you covered.Hosted by:Tim Smith, CFP®, Bridget Sicsko (PR Strategist) + Hally Smith (Actress) *This is strictly for educational purposes and does not suffice as advice.* 👉Subscribe: https://www.youtube.com/@Thefinancialdad👀Follow:https://www.instagram.com/thefinancialdad_/ Website: https://thefinancialdad.com/✍️Trusted Resources:QuickbooksNotionRiverside

In this episode of The Financial Dad, we interview longtime friend and New Jersey native, Victor Nichols, a seasoned entrepreneur and #marketingexpert. #publishing #entrepreneurshipinsights Victor is a business veteran—founder of  @pleOSagency and Publisher for  @newarkboundmagazine1268 as well as CEO of DMC Publishing. He has worked with clients like the New York Jets, Rutgers University, American Express, the U.S. Army, Levis and more.We discuss Victor's journey from childhood entrepreneurship to running successful businesses, emphasizing the importance of mentorship, financial management, and learning from mistakes. Victor shares insights on time management, the significance of capitalization, and the value of identifying unique skills in business. The conversation highlights the challenges and rewards of entrepreneurship, offering practical advice for aspiring business owners.Topics:👀Victor's entrepreneurial spirit began in childhood with candy sales.👀Success in business requires time, effort, and learning from mistakes.👀Undercapitalization can hinder business growth and marketing efforts.👀Understanding your relationship with money is crucial for entrepreneurs.👀Identifying unique skills can enhance business success.👀Time management is essential for productivity and profitability.👀Rejection is a part of the sales process; learn to embrace it.👀Business discipline is key to staying focused on goals.👀Mentorship can provide guidance and keep entrepreneurs grounded.👀Every opportunity should be evaluated carefully before pursuing.Connect with Victor:https://www.linkedin.com/in/victor-m-nichols/http://www.dmcpublishingllc.com/ The Financial Dad™ is a podcast for young adults and aspiring entrepreneurs to teach you the things you didn't learn in school or at home—from quarterly taxes to W9s to retirement plans to insurance and saving—we’ve got you covered.Hosted by:Tim Smith, CFP®, Bridget Sicsko (PR Strategist) + Hally Smith (Actress) *This is strictly for educational purposes and does not suffice as advice.* 👉Subscribe: https://www.youtube.com/@Thefinancialdad👀Follow:https://www.instagram.com/thefinancialdad_/ Website: https://thefinancialdad.com/✍️Trusted Resources:QuickbooksNotionRiverside

In today's episode, we got to talk with Anthony Lolli, a successful entrepreneur whose career has ranged the gamut from real estate to film to health and wellness. Anthony shared his financial journey, starting out as an assistant to his street performer father, becoming a real estate broker, to finally becoming a leading documentarian in the longevity space. He emphasized the impact of being raised by an immigrant on his work ethic, the importance of outsourcing for time management, and his desire to set his children up for success by encouraging entrepreneurialism from a young age.00:00 Introduction to Anthony Lolli02:14 Anthony's Journey in Real Estate and Film05:11 Understanding Money: Anthony's Early Influences08:31 Time Management and Outsourcing for Success13:42 Teaching Entrepreneurship to the Next Generation17:06 Lessons Learned: Successes and Mistakes in BusinessWhere to Find Anthony:Instagram: @anthonylolli @terezalollibiohackyourself.comlollibrands.com The Financial Dad™ is a podcast for young adults and aspiring entrepreneurs to teach you the things you didn't learn in school or at home—from quarterly taxes to W9s to retirement plans to insurance and saving—we’ve got you covered.Hosted by:Tim Smith, CFP®, Bridget Sicsko (PR Strategist) + Hally Smith (Actress) *This is strictly for educational purposes and does not suffice as advice.* 👉Subscribe: https://www.youtube.com/@Thefinancialdad👀Follow:https://www.instagram.com/thefinancialdad_/ Website: https://thefinancialdad.com/✍️Trusted Resources:QuickbooksNotionRiverside

What is Gross Revenue?What is Net Profit?What investment strategies make sense for me as a business owner?We dove into it all today in this episode of the Financial Dad podcast. We talked about the importance of understanding financial terminology, particularly for self-employed individuals. We explore what it means to be 'making bank' and how to allocate extra income wisely. The conversation delves into various investment strategies, comparing real estate and stock market investments, and highlights the unique financial landscape faced by entrepreneurs.We talked about....👀Understanding gross revenue vs. net profit is crucial.👀Self-employed individuals must have a clear business plan.👀Saving at least 10-15% of income is essential for financial health.👀Making bank means saving a significant portion of income.👀Investment strategies should align with personal financial goals.👀Real estate can be a good investment but comes with risks.👀Stock market investments offer liquidity and ease of access.👀Financial advisors help keep clients focused on long-term goals.👀Entrepreneurship involves more financial risk than traditional employment.👀Understanding financial options is key to making informed decisions.Other Episodes Referencedhttps://www.youtube.com/watch?v=rHZ-Fuf8_Kwhttps://www.youtube.com/watch?v=J5KwwbGfLYcChapters00:00Understanding Financial Terminology04:43Defining 'Making Bank' as a Self-Employed Individual09:20Allocating Extra Income Wisely13:51Investment Strategies and Priorities18:19Real Estate vs. Stock Market Investments23:12The Complexity of Business Ownership27:36The Entrepreneurial Mindset and Financial Decisions The Financial Dad™ is a podcast for young adults and aspiring entrepreneurs to teach you the things you didn't learn in school or at home—from quarterly taxes to W9s to retirement plans to insurance and saving—we’ve got you covered.Hosted by:Tim Smith, CFP®, Bridget Sicsko (PR Strategist) + Hally Smith (Actress) *This is strictly for educational purposes and does not suffice as advice.* 👉Subscribe: https://www.youtube.com/@Thefinancialdad👀Follow:https://www.instagram.com/thefinancialdad_/ Website: https://thefinancialdad.com/✍️Trusted Resources:QuickbooksNotionRiverside

In this conversation, we talked with Akira Iguchi about his transformative journey from feeling lost and alone in New York City to becoming a successful entrepreneur and author. We talked about the importance of mindset, overcoming self-doubt, and the small, practical steps he took to build his business from scratch from a place of passion.Akira felt lost and alone when he first moved to New York City.Meeting Tony Robbins transformed Akira's mindset.He started organizing small seminars to share his message.Akira learned the importance of combining passion with business acumen.He set small financial goals to survive in the early days.Constantly improving and adapting was key to his success.Time management is crucial for productivity and success.Asking for help and advice from others is essential.Financial stability allows for personal investments and growth.Taking actionable steps is vital for aspiring entrepreneurs.00:00 Introduction to Akira's Journey01:46 From Struggles to Self-Discovery04:35 The Turning Point: Moving to the U.S.06:35 Building a Business from Passion10:28 Overcoming Self-Doubt and Fear14:53 Fundamentals of Business Success15:43 Time Management Strategies19:20 Making Key Business Decisions21:11 Financial Growth and Investment23:11 Advice for Aspiring EntrepreneursWhere to find Akira:Instagram: @akiraiguchi1Lifestyle Millionaire: How to Turn Your Passion into a $1,000,000 Business by Akira IguchiThings mentioned:Think and Grow Rich!: The Original Version, Restored and Revised by Napoleon HillThe 7 Habits of Highly Effective People by Stephen R. CoveyRich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! by Robert T. KiyosakiNeuro-linguistic programming (NLP) is a communication and psychology technique that aims to change behavior and thinking patterns. It's based on the idea that language, neurological processes, and behavior are connected. The Financial Dad™ is a podcast for young adults and aspiring entrepreneurs to teach you the things you didn't learn in school or at home—from quarterly taxes to W9s to retirement plans to insurance and saving—we’ve got you covered.Hosted by:Tim Smith, CFP®, Bridget Sicsko (PR Strategist) + Hally Smith (Actress) *This is strictly for educational purposes and does not suffice as advice.* 👉Subscribe: https://www.youtube.com/@Thefinancialdad👀Follow:https://www.instagram.com/thefinancialdad_/ Website: https://thefinancialdad.com/✍️Trusted Resources:QuickbooksNotionRiverside

Thinking of having kids?! It can be a challenging chapter to navigate when you're self-employed! You likely won't receive a leave compared to those who are employed through a larger company. So this episode today will help you plan and prepare financially for having a baby!In this episode of the Financial Dad podcast, Bridget Sicsko discusses the financial implications of having children, particularly for self-employed individuals. The conversation covers essential topics such as budgeting for new expenses, planning for maternity leave, and the importance of estate planning. Bridget emphasizes the need for thorough financial preparation to ensure a smooth transition into parenthood and to secure the family's financial future.-Consider the financial implications before having children.-Budget for the gap in income during maternity leave.-Research state-specific benefits like FMLA for self-employed individuals.-Plan for increased costs associated with raising a child.-Discuss financial readiness with your partner before pregnancy.-Open accounts for your child's future expenses early on.-Understand the difference between wills and trusts.-Consider life insurance to protect your family's financial future.-Create a buy-sell agreement for business succession planning.-Seek professional help for estate planning and financial advice.titles-Navigating Financial Parenthood: Essential Tips-Preparing Financially for Your Child's Arrival The Financial Dad™ is a podcast for young adults and aspiring entrepreneurs to teach you the things you didn't learn in school or at home—from quarterly taxes to W9s to retirement plans to insurance and saving—we’ve got you covered.Hosted by:Tim Smith, CFP®, Bridget Sicsko (PR Strategist) + Hally Smith (Actress) *This is strictly for educational purposes and does not suffice as advice.* 👉Subscribe: https://www.youtube.com/@Thefinancialdad👀Follow:https://www.instagram.com/thefinancialdad_/ Website: https://thefinancialdad.com/✍️Trusted Resources:QuickbooksNotionRiverside

Hello and welcome back! In this episode of The Financial Dad podcast, we interviewed Laura Hunter-Drago, an Austin Film Festival award-winning writer and producer in the entertainment industry. We cover everything from Laura's journey into entrepreneurship, to pursuing both financial stability and artistic fulfillment, to the challenges of funding creative projects, to finding flexibility in a busy schedule. If you're finding your legs in the entertainment industry, this episode will help you be more than just a struggling artist.00:00 Introduction to Laura Hunter-Drago01:00 The Journey from Acting to Entrepreneurship03:55 Navigating the Corporate and Creative Worlds07:36 Funding Creative Projects: Self-Funding vs. Crowdfunding11:21 The Importance of Financial Stability for Creatives15:04 Managing Time and Flexibility in a Creative Career18:55 Building a Support Network as an Entrepreneur21:42 Understanding Money: A Personal Reflection25:32 Advice for Aspiring Freelancers and Entrepreneurs27:28 Current Projects and Future AspirationsWhere to find Laura:Instagram: @laurahunterdragoWebsite: laurahunterdrago.comThe Crime at Camp Ashwood Audio Drama: https://podcasts.apple.com/us/podcast/the-crime-at-camp-ashwood/id1713637754Things mentioned:Fiverr The Financial Dad™ is a podcast for young adults and aspiring entrepreneurs to teach you the things you didn't learn in school or at home—from quarterly taxes to W9s to retirement plans to insurance and saving—we’ve got you covered.Hosted by:Tim Smith, CFP®, Bridget Sicsko (PR Strategist) + Hally Smith (Actress) *This is strictly for educational purposes and does not suffice as advice.* 👉Subscribe: https://www.youtube.com/@Thefinancialdad👀Follow:https://www.instagram.com/thefinancialdad_/ Website: https://thefinancialdad.com/✍️Trusted Resources:QuickbooksNotionRiverside

Hello! In this episode of the Financial Dad podcast, Bridget and Tim discuss the essential aspects of managing cash flow for entrepreneurs, creatives, and freelancers. The conversation covers the importance of record keeping, creating financial projections, understanding profit and loss statements, and the role of accountants and accounting software in maintaining financial health. While many of us are creatives, and want to focus on our given craft, investing time (and sometimes money) into our business admin & financial planning can be make it or break it for the success and longevity of our businesses. 💸 Managing cash flow is crucial for entrepreneurs. 💸 Record keeping is essential for tax purposes. 💸 Consulting an accountant can save you money in the long run. 💸 Create a financial projection to anticipate income and expenses. 💸 Understanding profit and loss statements is key to financial health. 💸 Using accounting software can simplify financial management. 💸 Separate personal and business finances for clarity. 💸 Having a financial cushion is important when starting a business. 💸 The numbers provide a clear picture of your business's health. 💸 It's important to be proactive about financial management.00:00 Navigating Cash Flow as an Entrepreneur06:07 The Importance of Financial Planning12:42 Creating Projections and Tracking Income18:29 Transitioning from Projections to Actuals23:52 Utilizing Accounting Software for Efficiency28:30 Embracing Financial RealitiesThings Mentioned: QuickbooksWaveXero The Financial Dad™ is a podcast for young adults and aspiring entrepreneurs to teach you the things you didn't learn in school or at home—from quarterly taxes to W9s to retirement plans to insurance and saving—we’ve got you covered.Hosted by:Tim Smith, CFP®, Bridget Sicsko (PR Strategist) + Hally Smith (Actress) *This is strictly for educational purposes and does not suffice as advice.* 👉Subscribe: https://www.youtube.com/@Thefinancialdad👀Follow:https://www.instagram.com/thefinancialdad_/ Website: https://thefinancialdad.com/✍️Trusted Resources:QuickbooksNotionRiverside

In this episode, Ben Greenfield shares his journey from a personal trainer to a successful entrepreneur in the health and wellness industry. He discusses the importance of finding purpose, the value of delegation, and effective time management strategies. Ben emphasizes the significance of creating value for others and how this mindset has shaped his business approach. He also offers insights for aspiring entrepreneurs on identifying their strengths and building a successful business around them.Talking points:🧠 Ben started his entrepreneurial journey at a young age.🧠 He transitioned from personal training to online coaching.🧠 Outsourcing and hiring a team is crucial for scaling a business.🧠 Time management is essential for maintaining work-life balance.🧠 Creating value for others should be the primary focus in business.🧠 Consistency in routines leads to long-term success.🧠 Family values play a significant role in Ben's life and work.🧠 Books and self-education have been his primary mentors.🧠 Finding purpose is key to staying motivated in business.🧠 Ben's journey illustrates the importance of adaptability and learning. 00:00 Introduction to Ben Greenfield02:06 Ben's Journey into Health and Wellness04:24 Transitioning from Personal Trainer to Entrepreneur07:10 Building a Successful Online Coaching Business09:42 The Evolution of Kion and Other Ventures12:15 Mentorship and Team Building in Entrepreneurship14:50 Navigating the Entrepreneurial Journey17:34 The Importance of Delegation and Focus20:08 The Power of Delegation and Outsourcing22:16 Time Management Strategies for Entrepreneurs32:38 Lessons Learned: Successes and Regrets in Business36:57 Foundations of Entrepreneurship: Finding Your PurposeWhere to find Ben:Where you can find Ben:Ben Greenfield LifeKION SupplementsThe Life NetworkBen's FacebookBen's InstagramBen's XBen's YouTubeBen's LinkedInThings mentioned:The 4-Hour Work Week: Escape The 9-5, Live Anywhere And Join The New Rich By Timothy FerrissThe One Thing: The Surprisingly Simple Truth Behind Extraordinary Results  by Gary KellerIkigai 2.0 eBook: A Step-by-Step Guidebook to Finding Life Purpose & Making Money Meaningfully (+ Bonus Workbook) The Financial Dad™ is a podcast for young adults and aspiring entrepreneurs to teach you the things you didn't learn in school or at home—from quarterly taxes to W9s to retirement plans to insurance and saving—we’ve got you covered.Hosted by:Tim Smith, CFP®, Bridget Sicsko (PR Strategist) + Hally Smith (Actress) *This is strictly for educational purposes and does not suffice as advice.* 👉Subscribe: https://www.youtube.com/@Thefinancialdad👀Follow:https://www.instagram.com/thefinancialdad_/ Website: https://thefinancialdad.com/✍️Trusted Resources:QuickbooksNotionRiverside

In this episode of The Financial Dad podcast, we do a total deep dive into essential strategies for entrepreneurs to stay organized, motivated and disciplined. Our conversation delves into the significance of to-do lists & time management, managing overwhelm, prioritizing tasks, and easing anxiety related to deadlines. We also focus on the importance of systems and apps/technology in project management, along with tips for navigating remote work and maintaining productivity in isolation. Organization, discipline, and knowing yourself are integral to your success as an entrepreneur!Talking points:🧠 A to-do list expands your ability to manage information.🧠 Writing things down helps prevent forgetting important tasks.🧠 Prioritization is key to managing overwhelming tasks.🧠 Anxiety can be a motivating factor for productivity.🧠 It's important to distinguish between urgent and important tasks.🧠 Using technology can streamline project management.🧠 Creating a dedicated workspace enhances focus and productivity.🧠 Scheduling tasks can help manage time effectively.🧠 Accountability can improve motivation in remote work.🧠 Understanding your own psyche is crucial for productivity.00:00 The Importance of To-Do Lists04:44 Managing Tasks Amid Life Changes09:58 Prioritizing Tasks and Managing Anxiety15:06 Balancing Work and Personal Life21:34 Utilizing Technology for Task Management23:45 Mastering Email and Task Management25:50 Building Effective Project Management Systems30:20 Leveraging Technology for Business Efficiency35:10 Navigating Remote Work and Isolation46:30 Creating a Productive WorkspaceThings mentioned:Focusmate:focusmate.com/?fmreferral=6emamkRi7uNotionAuditionalWeAuditionTrelloAsana The Financial Dad™ is a podcast for young adults and aspiring entrepreneurs to teach you the things you didn't learn in school or at home—from quarterly taxes to W9s to retirement plans to insurance and saving—we’ve got you covered.Hosted by:Tim Smith, CFP®, Bridget Sicsko (PR Strategist) + Hally Smith (Actress) *This is strictly for educational purposes and does not suffice as advice.* 👉Subscribe: https://www.youtube.com/@Thefinancialdad👀Follow:https://www.instagram.com/thefinancialdad_/ Website: https://thefinancialdad.com/✍️Trusted Resources:QuickbooksNotionRiverside

In this episode of the Financial Dad podcast, hosts Hally Smith and Bridget Sicsko welcome attorney Shefali Lakhani to discuss the importance of legal guidance for entrepreneurs. Shefali shares insights on when to consult a lawyer, the different types of business entities, how lawyers charge for their services, and the significance of intellectual property, including trademarks and copyrights. The conversation emphasizes the value of personalized legal advice and the complexities of navigating the legal landscape as a startup founder.Key Takeaways:⚫Consult a lawyer early to avoid future issues.⚫Lawyers can provide personalized guidance tailored to your business.⚫Understanding different business entities is crucial for entrepreneurs.⚫LLCs and corporations offer limited liability protection.⚫Trademarks protect your brand and increase business valuation.⚫Legal services are more than just document preparation.⚫Building a relationship with a lawyer can save time and stress.⚫Intellectual property is a valuable asset for any business.⚫Lawyers charge hourly or flat fees depending on the service.⚫Navigating the trademark process can be complex without professional help.00:00 Introduction to Legal Guidance for Entrepreneurs01:17 When to Consult a Lawyer06:37 Understanding Business Entities12:00 The Journey to Becoming an Attorney15:02 How Lawyers Charge for Their Services20:38 Navigating Intellectual Property: Trademarks and Copyrights👇Learn more about Shefalihttps://www.linkedin.com/in/shefali-lakhani/https://www.instagram.com/lawyershefali/https://www.lakhanilegal.comShefali Lakhani is the Founder and Managing Attorney of Lakhani Legal, a business and IP law firm, working with businesses, startups, and creatives. She provides legal advice to businesses at every stage of growth, ensuring that they're well-protected and set up to thrive! With years of experience in law firms and in the tech and innovation spaces, Shefali brings a fresh perspective to her clients to provide tailored and innovative legal solutions and simplify complex legal issues.  The Financial Dad™ is a podcast for young adults and aspiring entrepreneurs to teach you the things you didn't learn in school or at home—from quarterly taxes to W9s to retirement plans to insurance and saving—we’ve got you covered.Hosted by:Tim Smith, CFP®, Bridget Sicsko (PR Strategist) + Hally Smith (Actress) *This is strictly for educational purposes and does not suffice as advice.* 👉Subscribe: https://www.youtube.com/@Thefinancialdad👀Follow:https://www.instagram.com/thefinancialdad_/ Website: https://thefinancialdad.com/✍️Trusted Resources:QuickbooksNotionRiverside

In this episode of The Financial Dad, we discuss the essential traits and skills integral in entrepreneurship. We explore the importance of mental toughness, a clear vision, leadership skills, and time management, emphasizing how these elements contribute to success in entrepreneurial ventures. Our conversation highlights the challenges of rejection in any self-employment journey, the necessity of strong self-belief, and practical strategies for managing time effectively in a freelance or entrepreneurial setting.Talking Points:🧠 Every entrepreneur needs a clear vision of their goals.🧠 Mental toughness is crucial for dealing with rejection.🧠 Resilience is key to bouncing back from setbacks.🧠 Self-belief is essential in the face of challenges.🧠 Time management is a critical skill for entrepreneurs.🧠 Discipline involves doing tasks even when unmotivated.🧠 Breaking down goals into smaller tasks aids productivity.🧠 Energy and chemistry are important in professional interactions.🧠 Structure in work hours enhances productivity.🧠 Learning to manage time effectively is a continuous process.0:00 Intro to Entrepreneurial Personality Traits2:25 Mental Toughness4:49 Taking Rejection at Face Value7:35 Projecting Confidence15:35 Discipline and Motivation19:24 Break Goals Down into Bite-Sized Pieces21:32 ABCD’s of Prioritizing Tasks25:21 Separating Work Tasks and Home TasksMentioned in this episode:The EOS Life: How to Live Your Ideal Entrepreneurial Life by Gino Wickman The Financial Dad™ is a podcast for young adults and aspiring entrepreneurs to teach you the things you didn't learn in school or at home—from quarterly taxes to W9s to retirement plans to insurance and saving—we’ve got you covered.Hosted by:Tim Smith, CFP®, Bridget Sicsko (PR Strategist) + Hally Smith (Actress) *This is strictly for educational purposes and does not suffice as advice.* 👉Subscribe: https://www.youtube.com/@Thefinancialdad👀Follow:https://www.instagram.com/thefinancialdad_/ Website: https://thefinancialdad.com/✍️Trusted Resources:QuickbooksNotionRiverside

In this episode of The Financial Dad, Bridget Sicsko & Tim Smith interview Chase Hughes, a former military specialist turned successful entrepreneur. Chase shares his journey from the military to understanding human behavior, the importance of confidence in entrepreneurship, and the diverse business ventures he has pursued. He emphasizes the significance of self-awareness in leadership and offers valuable advice for aspiring entrepreneurs, highlighting the need for passion and a healthy money psychology.Talking Points:🧠Chase's journey began with a rejection that sparked his obsession with human behavior.🧠Understanding human behavior can lead to greater empathy and connection with others.🧠Confidence in entrepreneurship is rooted in understanding the mammalian brain.🧠Hearing the voices of self-doubt as fiction is a key to overcoming limiting beliefs.🧠The market is always right; entrepreneurs must adapt to it.🧠Prioritizing action over perfection is crucial for success.🧠Self-awareness is essential for effective leadership and management.🧠Passion is vital for sustaining motivation in business endeavors.🧠Sales should be viewed as a positive exchange, not a burden.🧠Taking care of one's physical and mental health is crucial for entrepreneurial success.00:00 Introduction to Chase Hughes' Unique Journey04:34 Understanding Human Behavior and Empathy06:47 Building Confidence and Overcoming Limiting Beliefs13:00 Transitioning from Military to Entrepreneurial Ventures17:11 Diverse Business Endeavors and Lessons Learned23:10 The Importance of Self-Awareness in Leadership26:00 Advice for Aspiring Entrepreneurs👇Learn more about Chase: https://go.nci.university/https://www.instagram.com/chasehughesofficial/https://www.youtube.com/@chasehughesofficial The Financial Dad™ is a podcast for young adults and aspiring entrepreneurs to teach you the things you didn't learn in school or at home—from quarterly taxes to W9s to retirement plans to insurance and saving—we’ve got you covered.Hosted by:Tim Smith, CFP®, Bridget Sicsko (PR Strategist) + Hally Smith (Actress) *This is strictly for educational purposes and does not suffice as advice.* 👉Subscribe: https://www.youtube.com/@Thefinancialdad👀Follow:https://www.instagram.com/thefinancialdad_/ Website: https://thefinancialdad.com/✍️Trusted Resources:QuickbooksNotionRiverside

Welcome to The Financial Dad Podcast!! For our first episode we're covering the basics of Quarterly Estimated Taxes, so fun. Friendly reminder quarterly taxes are due tomorrow, Wed. Jan. 15th!In this episode, we explore the differences between being an employee and self-employed, the challenges of fluctuating income, and strategies for managing taxes effectively. Our conversation emphasizes the importance of financial literacy and planning for those in creative fields, providing practical advice and insights for navigating the financial landscape.Talking Points:🧠 Quarterly estimated taxes are essential for self-employed individuals.🧠 Self-employed people must pay both employee and employer portions of social security taxes.🧠 Setting aside a percentage of income for taxes is crucial.🧠 Fluctuating income can complicate tax payments, but strategies exist to manage it.🧠 Using accounting software can help track income and expenses effectively.🧠 Paying taxes on time can prevent additional penalties and interest.🧠 Creating a separate account for tax savings can help manage funds better.🧠 Understanding tax obligations is vital for financial planning.🧠 The importance of mental toughness in entrepreneurship cannot be overstated.🧠 Future episodes will cover budgeting, financial strategies, and more.00:00 Introduction to Financial Dad Podcast03:37 Understanding Estimated Taxes09:51 Managing Fluctuating Income and Taxes15:41 Strategies for Paying Quarterly Taxes24:14 Dealing with Tax Liabilities and ExtensionsMentioned in this episode:Profit First by Michael Michalowicz The Financial Dad™ is a podcast for young adults and aspiring entrepreneurs to teach you the things you didn't learn in school or at home—from quarterly taxes to W9s to retirement plans to insurance and saving—we’ve got you covered.Hosted by:Tim Smith, CFP®, Bridget Sicsko (PR Strategist) + Hally Smith (Actress) *This is strictly for educational purposes and does not suffice as advice.* 👉Subscribe: https://www.youtube.com/@Thefinancialdad👀Follow:https://www.instagram.com/thefinancialdad_/ Website: https://thefinancialdad.com/✍️Trusted Resources:QuickbooksNotionRiverside