Today's episode reveals a look into the reality that even the most respected of professions has its' shortcomings and challenges when it comes to the personal side of those in that practice.  Hosts jim Gebhardt and Matthew Grishman speak with a very special guest and personal friend of Matthew's on what began a spiral into self-doubt and substance abuse.  Dr. Rishi Menon, a practicing cardiologist,and member of a cardiology group, shares the beginning of his story in this first episode of three parts, on what caused his dive into a darker space and then what began to lead him out into that self realization that there is hope and healing. Even the super heroes we think Doctors are, can be misconstrued as you'll hear in this very frank and candid discussion.  

You can learn more about Financial Sobriety by visiting www.yourfinancialsobriety.com.

Episode 47: Dr. Rishi Menon begins his story... things weren't right.

Yes, you may have heard this before.  Because there was such an interest in what we did last year, we've simply polished a few things up and we're relaunching the "Teach Your Children" series for the summer session.  We know you're not likely to go back and dig the episode up, but if you're new to our program, this will be new to you.  If you're familiar with the program, now you can share it simply with a family member, a relative or friend who could use a little Financial Sobriety instilled in the kids in their purview.  It's going to take all of us to change the way our youth learn about managing money and creating true wealth.  Take this opportunity to do what you can to help...and we've done all the work!  

Teach your children. Seems like it should be so simple but unfortunately, as you'll hear and maybe even more likely, have already learned, the absolute manual on successful childrearing doesn't seem to have yet been written and demonstrated. Kids financial literacy is important, and your hosts, Matthew Grishman and Jim Gebhardt will get there but it starts way before that. In this episode you'll learn the three C's of raising your child from two guys who have been there and done that. You'll learn the application and hear real life stories in practice and outcomes. You can always find more by checking out the website at www.yourfinancialsobriety.com

Episode 71: Teach Your Children Series.  The Three C's.

In this brief update, Matthew and Ace bring a message of the postponement of the "live" episode as a result of a family health emergency in Jim's family.  Tomorrow, the next episode in the sequencing of "Teach Your Children" will be launched instead of the previously anticipated "live" episode.  At this point, more information will be forthcoming as the Gebhardt family situation resolves and will be communicated through the various Financial Sobriety social channels as well as in these show notes.  

For more information about Financial Sobriety visit www.myfinancialsobriety.com

Resistance Strikes Again: Live Episode 7-20-22 postponed.

What if you could count on your state school system to educate, not only your child, but every child on financial literacy? What would that look like 20 years from now as those children grew into leadership, adulthood, government? Pretty amazing I would think. You'll hear about Rhode Island's bill SB349 in today's episode and what better time to roll that right into the federal child tax credit that was passed in 2021 and now again, in a modified version of stimulus leftovers for 2022? Matthew and Jim describe what's going on in Rhode Island and then seamlessly weave that great program into some ways to understand what to do with the tax credit that will be showing up in your bank accounts if you have a qualifying household income. And yes, that will all be covered. You can always find more of any topic covered in the program by visiting the website at www.yourfinancialsobriety.com

Episode 73: Teach Your Children Series - Child Tax Credit...Yes, Again.

It's the hottest topic of discussion in financial circles right now.  That's right.  Inflation is silently eating away at your savings, it's taking your income, it's limiting your freedom to do what you want.  Join Matthew and Jim as they discuss what inflation is and how we may have gotten to this point.  Somewhat tutorial, somewhat educational and always presented with an entertaining bent, this is must know information if you have any concern for the well-being of your financial future.  Do not let inflation eat up everything you've been working so hard to save for.  In part two of this conversation, you'll hear the reality of what the Inflation Reduction Act is meant to accomplish.  You may be quite surprised. 

For more information, visit www.yourfinancialsobriety.com

Episode 79: Inflation  Part 1- The Ultimate Silent Financial Disruptor.

How, really, does the Inflation Reduction Act impact inflation?  As you might have surmised, this is a very familiar governmental titling ploy to make the "Act" sound like something it may not quite really be.  Or is it?  Does it do what it says?  Listen to what Matthew and Jim have to say about it and do what you must to keep your political persuasion out of the evaluation.  This is a bi-partisan bill and it's not about which party you belong to.  This episode is a tutorial on how the government can manipulate monetary policy to create or eliminate some degree of managed inflation among other things.  But back to the Inflation Reduction Act.  You'll hear the guys describe their perspective on what they see as we begin to implement the requirements of the bill.  

For more information, visit www.yourfinancialsobriety.com

Episode 80:  Inflation Part II - The Feds' Three Levers to Control It.

Inflation is the silent disruptor as you've already heard.  But did you know you can battle back with relative ease?  Exercising the pain of discipline over the pain of regret, today's episode reveals tips, tricks and tools you can use to win the battle over inflation. You can do it and you can continue to live your lifestyle... as long as you don't allow it to creep up with the advances you make with your money.  Learn how in detailed steps with historical experience and practice from both your hosts, Jim and Matthew in this episode.  

The articles referenced can be found in the following links:
"Traits that Superfriends have in common"  https://www.theatlantic.com/family/archive/2022/08/making-keeping-friends-attachment-theory-styles/671222/
"One in three families had to cancel vacation plans."
"https://finance.yahoo.com/news/inflation-families-canceled-vacation-strategist-121650642.html?guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAANHo11_aZXdVZrW09Xfwm6GE6mdhkXuIeNNLmcshX4UWPyb5eMudQpo2WDcDug6JQiF1xOYDDqPuw2BJf7fenLrbwQc9t5kxCMuc-FdslUPakwahTkMomvo9RwmAOtGrExmO94-3swAbGEtIXIyYuxE8tgJaDkpWewNo0IRysKED

For more information about Financial Sobriety, visit www.yourfinancialsobriety.com

Episode 81: Tips, Tricks and Tools to Battle Inflation Intentionally.

Not unlike flying a plane, you're going to hear Matthew and Jim discuss the need to have checks and balances on your investment "flight" plan. Too often, one tends to want to manually attempt to "fly" their investment strategy over the long haul. Not unlike a flight plan, however, if you're off just a bit in the early years, you could be way, way off in the later years.  A few miles off on the plane's flight path early in the trip equals hundreds of miles off course or more the longer the flight.  Make sense?  Enter auto-pilot or course correction.  The same is true of your investment strategy.  Do you have the tools to adequately plan your trip and ensure that auto-pilot is giving you the most accurate and direct route to where you want to end up?  You'll get some great training today on what you can do to be sure you get to your destination with the most direct route and in the manner you anticipated.  

For more information about Financial Sobriety, visit www.yourfinancialsobriety.com

Episode 82: Are You On Financial Auto Pilot?

The Clarity Compass is a part of the foundation of Financial Sobriety and is referenced throughout many of the episodes.  Without it, you have no direction. With it, you have, well, clarity!  Easier for some than others, the Clarity Compass exercise is a pre-requisite to further understanding of Financial Sobriety.  In this episode, you'll hear the Clarity Compass applied as the show's producer, AKA Ace, and his wife Theresa go thru the process of the Value Cards to identify what is really important to them.  This first in a two part series will both explore and reveal the Clarity Compass process and it's outcome for this particular couple.

You can find the Value Cards on Amazon by clicking this link:  
https://www.amazon.com/Values-Cards-John-Veeken/dp/0980517532/ref=asc_df_0980517532/?tag=hyprod-20&linkCode=df0&hvadid=312134205520&hvpos=&hvnetw=g&hvrand=18145752119503041119&hvpone=&hvptwo=&hvqmt=&hvdev=c&hvdvcmdl=&hvlocint=&hvlocphy=9061153&hvtargid=pla-569286412242&psc=1


For more information about Financial Sobriety, visit www.yourfinancialsobriety.com

Episode 83: Achieving Financial Clarity with the Clarity Compass.

It's no secret that losing money causes trauma.  The Silicon Valley Bank failure surely did some damage to many investors portfolios and likely left a significant mark on the psyche, ego and confidence of many.  So what was it that happened?  What is a run on the bank?  How could something like this have happened in todays rapid communications world?  Even more so, how could it have happened so quickly?  Matthew and Jim give a layman's explanation of the collapse and take the outcome of SVB and other bank's failures back to the personal level and how that scenario may impact or affect many of us as a potentially traumatic event.  Are there ways to address it? You'll be surprised at some of the solutions and suggestions.  

For more information about Financial Sobriety visit www.yourfinanacialsobriety.com

Episode 96:  The Trauma of Bank Failure, How It Happened and What You Can Do About It

Have you ever caught yourself wondering why society keeps urging you to upgrade your lifestyle, even when it's draining your bank account? It's a dilemma your hosts, Matthew Grishman and Jim Gebhardt, felt compelled to discuss as it can start as simply as getting the kids ready for back to school. It’s a blend of anxiety and gratitude and... credit card spending. The amount of credit card debt is astounding as you'll hear in the episode. 

The changing dynamics of consumer behavior in the era of online shopping, as well as, the surprising resilience of physical malls, are part of the ease into more debt. And that's not to mention our thoughts on the growing dependence on services like DoorDash and Uber Eats.  And all on credit cards.

This all leads into your preparation for retirement as debt will destroy the best laid plans. Will traditional retirement become a luxury? For many, sadly, yes.  However, there is hope and a solution you'll hear on the value of financial sacrifice and discipline. What a fitting episode to take us from the summer back into the reality of the last few months of the year.

For more information and to order the book "Financial Sobriety" visit www.yourfinancialsobriety.com

Episode 109: The Pain of Debt & The Power of Discipline.

Your hosts, Jim Gebhardt and Matthew Grishman take you back a bit to help you move forward.  We've all marveled at the intricate dance of financial decisions and human emotions.  How this twisted tango impacts our self-worth, relationships, and ultimately, our sense of freedom is addressed in some of the refresher steps necessary to continue to build on those principals.

Thoughtful exploration takes us through the movement of investing in oneself - an invaluable pundit of self-growth, and the importance of second opinions before making emotionally charged decisions. Tools such as the Concentric Circles exercise prove to be game-changers, creating emotionally safe platforms for introspection and discussion. You'll also hear how services like BetterHelp act as catalysts, bridging gaps between individuals and professional therapists in their locale.

The journey doesn't stop there - they'll delve into strategies for effective decision making, managing expenses, and future savings. The '10-10-10' strategy and the Clarity Compass worksheet are outstanding steps in guiding you to align your financial resources with your core values, and to manage impulse spending. Underscoring the importance of categorizing expenses and building a collective 'us bucket' for shared experiences is a novel thought. We wrap up with the importance of financial freedom and how the concept of the 'pain of discipline' versus the 'pain of regret' can be used to make wiser financial decisions. 

To find the worksheets talked about in the program, visit www.yourfinancialsobriety.com

Episode 110:  Regaining Your Financial Confidence

As you're aware, this is part II of the episode, "Regaining Your Financial Confidence" and it is the detail to the theory.  Your hosts, Matthew and Jim get very specific and detailed about what you can do to not only salvage a weak retirement strategy to date, but actually build it to thrive with just a little discipline.  The more time you have, the more likely you can not only reach but exceed your expectations. If you're looking for motivation, support and the next steps, this is the episode you'll want to pay close attention to. 

For more information on the steps discussed in this episode, visit www.yourfinancialsobriety.com

Episode 111: Regaining Your Financial Confidence. Steps to Success.

Your host Jim Gebhardt is joined by none other than his wife and Medicare expert for the firm where you'll get some guidance and direction  to answer the top three questions people ask about Medicare: how does it work, how much does it cost, and what are the choices.
Finding your footing in the complex world of Medicare is challenging.  This episode will simplify this intricate healthcare structure, untangling the web of plans and solicitations so you can make informed decisions that align with your unique needs. 
Navigate the maze of Medicare with confidence once you know the key elements like Part A, Part B, and the tax implications depending on your employment status. Learn how your income can influence Medicare costs. Understanding Medicare Part D, Supplement Plans, and the crucial aspects of Medicare enrollment and timing are all discussed including formularies, copays, and the importance of the annual enrollment period. 

For more information on Medicare visit the website:  www.medicare.gov
You can find more information about Financial Sobriety as well as other resources and tools to help you in retirement support by visiting www.yourfinancialsobriety.com

Episode 112: Understanding the Medicare Maze. From Confusion to Confidence.

Did you know that as a married couple who've both worked, you could be sitting on a lifetime benefit of over $2 million from Social Security? It's not common knowledge, but this retirement asset can even generate a guaranteed 8% return from the Social Security Administration which your hosts, Jim and Beth Gebhardt, examine in detail. This could be the world's largest annuity.  

Understanding the Cost of Living Adjustment (COLA), and how it impacts your Social Security benefits, is vital for your retirement strategy. The conversation swings into married and single options plus how today's software can help project not only but asset value in time to prepare for succession. DO NOT rush into Social Security, there's a lot to gain from waiting. If you're a single retiree, or divorced and pondering remarriage before the age of 60, we've got some crucial information that could affect your benefits.

For all the teachers in California and those who have worked in government jobs, you'll learn how the process affect you when it comes time to retire.  Government pension offsets could have serious implications on your survivor benefits and you'll get an enlightening on them. It's not all doom and gloom, though. By considering your life expectancy, health factors, and financial needs, you can still make the right decisions about when to take Social Security. 

For more information visit www.yourfinancialsobriety.com
Contact Jim Gebhardt at work: jim@gebhardtgroupinc.com
For Social Security reach out to www.ssa.gov

Episode 113: Social Security Simplified. Capturing Your Millions.

As the year draws to a close, it's time to get very intentional about your spending. Hear your hosts Jim and Matthew break down the value of the Clarity Compass and how it can help you sift through the fluff to identify what truly matters to you and your family. They'll share their own experiences of thrifty holiday seasons that focused more on connection than consumption. Get ready to challenge the "way you've always done it" and learn to do something differently, something better for your finances this holiday season.

For more information about Financial Sobriety visit www.yourfinancialsobriety.com

Episode 114: Temptation to Transformation: Strategies for a Debt-Free Holiday Season

It's the beginning of the holiday season, the season of giving and what better way to demonstrate financial sobriety than to share a story of need and success as it relates to some of our most misunderstood families and children... those in the Foster Care System. Today, Jim and Matthew speak with Heidi White, Educator and Church Relations Director for The Alliance: defending the causes of kids and families. You'll hear the true stories of what happens to children in the Foster Care System once emancipated and the challenges they face against great odds. It's not an uplifting outcome, unless or until we make it so.  But there is hope. There are many opportunities for support and it's not all just financial. You'll most certainly agree after hearing this episode. With timing "in the season" of giving it's our hope you're moved to do something for someone in need as we exemplify our gratitude for others around us this thanksgiving holiday.  

For more information about The Alliance visit www.defendingthecause.org. To reach Heidi directly, email her at heidi@defendingthecause.org.

To learn more about Financial Sobriety visit www.yourfinancialsobriety.com

Episode 115: Recognizing Gratitude.  The Alliance.

Spending a little crazed around the holidays? Worried about self-control and how to reign in the wallet?  This encore episode was long enough ago you may have forgotten the 10-10-10 rule of self-discipline on the spend.  Matthew describes how he's found a method to minimize compulsive purchases that should work just as well for anyone and the bonus on the episode, is that it's timely in helping look at the new year to build a foundation for familial wealth built in a healthy way.  Nice way to start the holiday season and begin thinking about the year ahead as well!

Why not a gift of Financial Sobriety?  You can find the book and more at www.yourfinancialsobriety.com

Episode 116:  The 10 - 10 - 10 Rule for More Intentional Spending.

Your hosts Jim and Matthew share a little holiday gratitude this episode before taking you back to where it all began with Matthew's story that got the whole ball rolling for Financial Sobriety.  Always a great reminder to take a little time for reflection at the end of the year to give yourself the opportunity to look ahead with clarity and intentionality.  May you, your family and friends enjoy the blessings of the holiday season and here's to a happy, healthy and prosperous new year!  Thanks for giving us a little time of your day every other week.  We appreciate you.  

For more information about Financial Sobriety, visit www.yourfinancialsobriety.com

Episode 117: A Holiday Message and Encore Episode of Matthew's Story.

The dance between health, wealth, and personal connections often leads us through unexpected rhythms. As your hosts, Matthew Grishman and Jim Gebhardt settle back into the studio, you'll learn where they've been and how they've emerged to return. The conversation is extremely personal as Matthew recounts his chilling health scare during yoga class. 

This episode rides waves of self-discovery and gratitude as we learn more of the cause of Matthew's absence while he shares his journey after an encounter with mortality that led to the diagnosis of aortic valve regurgitation and the subsequent surgery and recovery. He shares his relationship with pain, death, and growth, unearthing a resilient gratitude for  life. As we unpack these revelations, they'll encourage a deeper dive into the well of emotional and financial mindfulness.

Finally, the guys touch on the delicate scales weighing health against wealth—a balance as old as time yet still a prevailing tale in our modern lives. There's a search for meaning in the darkest corners of post-surgery recovery, and the indomitable strength found in faith and community. Through open dialogue, there's hope and a testament to the power of positive thought and collective healing and a wonderful lead in to a new year with a very new and different perspective. 

For more information on Financial Sobriety, visit www.yourfinancialsobriety.com
If you're experiencing depression or thoughts of self-harm, call 988 and seek profession medical care.

Episode 118: Spending Health to Acquire Wealth... That's Not Living.

Ever find yourself awash with the New Year fervor, scribbling resolutions you swear you'll stick to? That's where your hosts, Jim Gebhardt and Matthew Grishman found themselves —eager to translate the energy of January into lasting momentum. This episode is a meeting of minds over the essence of starting strong. They'll share thier own health triumphs, Matthew's cardiac rehab and Jim's muscle mastery, and how these personal feats are woven into the grander plans of focus and growth. Hear the impact of mentors who light the path along the way, much like the ones who guided Jim during his fledgling days at Merrill Lynch.

Disnmiss the myth of perfection and champion the small wins, like a consistent gym routine, which can be just as rewarding as the major milestones. It's all about what you feed your focus, and how it can blossom or blight your well-being. The guys riff on the parallels between a balanced life and a strong mind-body connection, leaning into Jim Rohn's wisdom that to achieve more, you need to become more. It's a chapter for those looking to edge closer to their goals with every small yet significant step, without losing sight of the importance of self-care and balance.

For those successful business owner, successful entrepreneurs looking to get more from their money than just more money, the time away from the studio lent itself to better serving the needs of those clients and future clients of Gebhardt Group. The purpose of the program going forward will be stories and include guests who address this mission.  

For more information about Financial Sobriety visit www.yourfinancialsobriety.com

Episode 119: What You Focus On...Will Flourish.

Ever found yourself battling the morning blues and desperately searching for a silver lining? Your hosts, Jim Gebhardt and Matthew Grishman start with an uplifting reminder that gratitude isn't just an emotion, but a practice that can pivot your entire day from dismal to delightful. As the guys peel back the layers of this transformative mindset, you'll discover that even the peskiest tech glitches and tight schedules can lead to positivity and even unexpected growth.

As you've heard on previous episodes, tracking milestones might just be the secret sauce to celebrating life's little victories... and BIG ones. We're not just talking numbers here, but the profound sense of achievement that comes from acknowledging our progress. Whether it's a fitness milestone or a newfound discipline in financial planning, you'll hear the beauty of progress tracking. By removing judgment and embracing each step as valuable data, we're equipped to make choices that steer our lives forward. From lifting heavier weights to nurturing professional growth, the conversation aims to inspire you to embrace your own journey of self-improvement with the power of personal accountability.
As the guys navigate the unpredictable currents of financial stress and economic uncertainty, they'll also explore the broader impact on the American psyche and how leadership through example can inspire profound change within our communities. Actions speak louder than words, a lesson that resonates through personal health to societal influence. Amp up your motivation to lead a purpose-driven life that ignites change, as they share stories that celebrate the joy of contributing to something greater than ourselves. When we lead by example, the change we seek becomes a reality.

For more information about Financial Sobriety, or to purchase the book, visit www.yourfinancialsobriety.com

Episode 120: More Now. More...NOW!

The small things in life hold immense joy. Join your hosts, Matthew Grishman and Jim Gebhardt as they cover steps 2 & 3 in preparation for stress reduction in 2024. You'll find selective consumption has the ability to weigh heavily or lessen the burden on our mental space.Through stories and thoughtful discussion, learn how nurturing confidence can actually fuel our ability to give back more generously, improve our communities and ease that anxiety world news and information can create.By examining the power of narrowing our focus could it lead to helping enrich our perspective? Which, by the way, is step 3 in the stress relief journey. By 'shrinking our universe,' we prioritize meaningful connections and activities that truly resonate with us, fostering a healthier, more purpose-driven existence. From there, a more reflective discussion continues as the narrative shifts to perspective and in incredible story of history through the early 1900's to the late 1980's. Only through history, can we measure progress and only through history can we gain perspective on today. This puts a bow on the three steps to minimizing stress and anxiety that could cause you to make poor financial decisions in the year and years ahead.

For more information about Financial Sobriety, or to purchase the book, visit www.yourfinancialsobriety.com

Episode 121: Two Final Steps to Minimizing Stress and Anxiety in 2024.

Join your hosts, Jim Gebhardt and Matthew Grishman as they explore the resurgence of bonds as an investment option with a semblance of stability and fixed returns.  
This episode illuminates the allure of bonds in an era where traditional real estate investments encounter the challenges of the former zero-interest rate environment. The guys unpack the quest for value that transcends monetary gains, and sets the tone for rediscovering the enduring appeal of bonds. As the conversation dissects the pulse of the real estate market, you'll gain an understanding of how managing  property portfolios amidst an ever-shifting economic landscape may give way to consideration of selling in a presumed lower tax situation.

With the money market well covered in the conversation, it tees up the logical next step and that is to scrutinize the bond market's ebbs and flows and why the bond market may be a good option for repositioning assets. There is a psychology behind investment trends and the art of timing one's exit from money markets before diminishing returns set in, is often done too late.
For more information about Financial Sobriety, or to purchase the book, visit www.yourfinancialsobriety.com
To reach Matthew email: matthew@yourfinancialsobriety.com
To reach Jim email: jim@yourfinancialsobriety.com
To call: 877-283-9151

Episode 122: Bonds Are Back! Let's Start With Why.

Could shifting interest rates be the key to unlocking your portfolio's potential? Your hosts, Jim Gebhardt and Matthew Grishman explore the complex recipes of bond investments, analyzing how a changing rate environment might just be ingredients for an incredible outcome. With a focus on taxable bonds, treasuries, and the call of municipal bonds, they discuss investment possibilities, from the safe harbors of treasuries to the more adventurous high-yield corporate bonds. To be certain, underscored is the value of personalized financial guidance to chart a course through these opportunities, especially with the looming prospect of Federal Reserve rate cuts.

As the Federal Reserve maneuvers from bond-buying to selling, learn of the ripples affecting bond prices and the global shift in US Treasuries' standing. Together with expert input, they uncover the inverse relationship between bond prices and interest rates, and delve into the concept of total return, where income and price appreciation are two sides of the same coin. 

Finally, the conversation turns to a favorite topic with the tax-exempt allure of municipal bonds. As your hosts differentiate between taxable and tax-exempt bonds, they'll illustrate how municipal bonds can offer a tax haven, depending on where best suited for you. As with any complex investment, you are encouraged to seek the expertise of financial advisors to capture the opportunities in these times of maximum uncertainty. 

Call to learn more: 877-283-9150 or email:
Jim@yourfinanciasobriety.com
Matthew@yourfinancialsobrieyt.com
Or visit the website at www.yourfiinancialsobriety.com

Episode 123: Why Maximum Uncertainty Favors the Predictability of Bonds.

Unlock the secrets of financial mastery and legacy building that have stood the test of time as your hosts, Matthew and Jim, explore the intricate dance of control within our economic lives. Embark on a journey through personal anecdotes and historical insights that reveal how to navigate the realms both within and beyond our grasp—from the rise and fall of dynasties to the daily temptations of impulsive purchases. They'll discuss how adjusting investment risks, understanding tax implications, and timing financial moves can shape our fiscal destiny, with an engaging look back at the contrasting fates of the Vanderbilts and the Rothschilds.

This episode also displays the transformative 10-10-10 principle that keeps wallets in check. Whether wrestling the allure of shiny new gadgets or a luxurious set of golf clubs, you'll learn how to triumph over instant gratification. This candid conversation about financial discipline serves as a reminder of the power in pausing to ponder the lasting impact of our spending choices, ensuring our money aligns with our life's true priorities.

Finally, the guys traverse the landscape of wealth and legacy planning, spotlighting the critical issue of 'longevity risk' and the need for financial strategies robust enough to support a life well-lived. Digging into the wisdom of the world's most affluent families, a dissection of the Rothschild's enduring methods for wealth preservation and the importance of instilling values for stewardship across generations is discussed and compared to the Vanderbilt's very different formula. Reflection on the necessity of discretion and private family matters, seals our exploration with a discussion on the profound significance of preparing heirs to not just inherit wealth, but to wield it with purpose and responsibility.

Call to learn more: 877-283-9150 or email:
Jim@yourfinanciasobriety.com
Matthew@yourfinancialsobrieyt.com
Or visit the website at www.yourfiinancialsobriety.com

Episode 124: Maximum Uncertainty? Let's Revisit the Blueprint.

Matthew enjoys a little baseball nostalgia this episode as the discussion of stocks gets underway. This episode, your hosts begin to unpack the complexities of the stock market from a variety of different perspectives starting with the types of players in the market and closing the episode with a better understanding of just what a stock is and how to begin to lear a little bit more about that stock before you actually take ownership.

You're going to get a little deeper into the investment playbook as the guys analyze the various players in the stock market game, from high-stakes gamblers to the meticulous professional investors and portfolio jugglers. With personal stories, sprinkled with the lessons of industry titans like Warren Buffett, this episode is an education in cultivating the right mindset for managing investments. 

Capturing the comprehension of the ways stocks can be bought and bundled,  learn the evolution of retirement investment options, the consequent rise of mutual funds and a description of and value created by ETFs. (Electronic Funds Transfer. ) Discussing the challenges and innovations in retirement planning, this episode demystifies the selection process for your investment portfolio with personal anecdotes and a spotlight on financial literacy. Closing out the discussion with a critical eye on the business and analyzing how a profit-over-people mentality, exemplified by owners like baseball's John Fisher of the Athletics, can strike out with customers often resulting in a losing business proposition.

Call to learn more: 877-283-9150 or email:
Jim@yourfinanciasobriety.com
Matthew@yourfinancialsobrieyt.com
Or visit the website at www.yourfiinancialsobriety.com

Episode 125: Time for a Little Spring Training on Stocks.

In this second episode of Financial Sobriety, hear your hosts Matthew and Jim explain the beginning of the journey to financial health.  Getting financially sober requires some steps and you'll hear both personal and client stories as the start of the process is clearly spelled out.  Let them take you on that first step with specific direction, if you're willing and able. With descriptive and simple suggestions, this episode could be the change you've needed to get you started with your new relationship with money.

Episode 2: Getting back on track.  How the journey begins.

In this episode, hear Matthew and Jim give you the history of "bag o' crap", their stories on money and wealth and the true meaning and relationship they have to each.  You'll also get the steps to take inventory of what you have... in more ways than one and the details of FORM, Family/Occupation/Recreation/Money, will be discussed along with the necessary steps you can take to continue your journey to Financial Sobriety.  Each episode is linear in the process to accomplishing your personal objectives for Financial Sobriety.  +

Episode 3: Bag o' Crap and FORM explained.

Listen to the beginning of the process and the first steps necessary as you start your journey to Financial Sobriety. Matthew and Jim identify and explain, in detail, the very first requirements to getting your financial house in order. The balance sheet and your family profit and loss statement.  You'll learn your net worth and how to manage your household budget like a business.  Anecdotal and personal stories help you see the real life integration of the program as told from first and secondhand experience. This is a must listen to get the most out of the Financial Sobriety program and helps you understand where you really stand with your own net worth. Don't know what that really means? You will after you complete this episode! You'll be one step closer to minimizing, even quitting that addiction to spending.

Episode 4: Your family as a business. Your balance sheet and P&L explained.

After an out-of-control money addiction cost him nearly everything, Matthew Grishman hit rock bottom and was faced with a critical decision: make massive changes to how he was living his life - OR - die broke and alone. 

Matthew chose change. But he also knew he could not make this change on his own. Fortunately Matthew met a man who was willing and able to help him begin a new lifelong journey of making amends with the three most challenging relationships in his life; his relationship with money, his relationship with people, and his relationship with self. 

Financial Sobriety is the path and curriculum Matthew and that man, Jim Gebhardt, (now his business partner and dear friend) developed to help others become much more intentional with those same three complex and interconnected relationships: money, people, and self.  This podcast takes listeners through the steps, sequence and strategies Matthew used to recover and find true wealth. It is designed to help you, the listener, do the same in a very safe, informal, conversational, and somewhat tutorial step by step way. Matthew and Jim share stories and invite guests on to the show to support the success and evolution of this life-saving journey called Financial Sobriety. 

True wealth is about so much more than having a lot of money, or having a lot of stuff - it's about being 100% intentional with your three most intimate and complicated relationships in life: money, people, and self. 

You can find the book, "Financial Sobriety" at www.yourfinancialsobriety.com or you can order by tapping the following link: https://www.amazon.com/Financial-Sobriety-Rebuilding-Relationship-Money/dp/171055519X.

Financial Sobriety

Popular tracks