Life Money Balance® Podcast
The Life Money Balance® podcast helps you “let your life lead your money, not your money lead your life” and engage with your journey to create your life's design. The podcast uses compelling conversations that combine money psychology with personal finance topics to improve your well-being and achieve your life aspirations.
Your host Dr. Preston D. Cherry (“Dr. Cherry”), interviews guests and performs solo shows to provide an emotion-safe space where real people engage in real talk and share authentic moments. Let’s chop! Learn more by following @drprestoncherry, Certified Financial Planner, Certified Financial Therapist, University Professor, and Founder & President of Concurrent Financial Planning, www.concurrentfp.com.
Episodes
44 episodes since 2022
Are Gen X Parents Ruining Retirement by Supporting Their Adult Children?
Are Gen X Parents Ruining Retirement by Supporting Their Adult Children?In this episode, Dr. Preston Cherry delves into the critical issue of whether Gen X parents are jeopardizing their own retirement by financially supporting their ad...
September 12, 2024
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25:51
Moving Your 401k After Leaving Your Job
In this episode, Dr. Preston D. Cherry delves into the intricacies of moving your 401k after leaving your job, featuring expert insights from Dr. Philip Gibson, a seasoned wealth advisor and chief compliance officer at Concurrent Financial Plan...
August 24, 2024
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31:58
Are Luxury Hotels Worth It?
In this episode, Dr. Preston D. Cherry provides a comprehensive exploration into the world of luxury hotels, addressing the perennial question: Are luxury hotels worth it? He delves into the critical alignment between personal finances an...
July 03, 2024
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21:45
What Does It Mean To Be Wealthy?
In this episode, Dr. Preston D. Cherry breaks down the true meaning of wealth, going beyond the numbers. He sheds light on how understanding and managing wealth can improve our quality of life by aligning financial and personal goals. Listen in...
June 27, 2024
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21:20
Boost Your Fulfillment and Finances With Aspirations
Join Dr. Preston D. Cherry and Dr. Renée Baker, as they dive deep into how aligning your life goals with smart financial planning can lead to true fulfillment. This episode is packed with valuable lessons on the importance of building strong re...
June 17, 2024
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31:00
Are Bonuses Taxed Differently?
Got a bonus check that feels smaller than expected? Don’t worry, you’re not alone! In this episode, Dr. Preston Cherry explores why bonus checks often feel like they’re taxed more heavily than regular paychecks and shares practical strategies t...
June 12, 2024
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4:53
Wealthy Spending Habits: Debunking Myths and Misconceptions
Join Dr. Preston D. Cherry and Josh Brown, as they talk about the multifaceted relationship between wealth, spending habits, and time management. Through engaging anecdotes and practical advice, Dr. Cherry and Josh Brown encourage listeners to ...
June 04, 2024
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35:38
Long-Term Care Conversations With Loved Ones
Join Dr. Preston D. Cherry and Danielle Miura, as they delve into the critical topic of long-term care conversations with loved ones. Plus, they break down the intricacies involved in navigating long-term care, from which topics to discuss to t...
May 27, 2024
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36:43
Charitable Giving Strategy: Good Giving and Reduce Taxes
Join Dr. Preston Cherry and Dr. Russell James, as they discuss how charitable giving and tax planning can work together. Plus, they break down tricky tax stuff, including how to deal with estate and income taxes smartly.Want to learn mor...
April 30, 2024
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34:51
Tips for Retiring Abroad Success
Are you considering retiring abroad?Join Dr. Preston Cherry and Jane Mepham from El Gon Financial Advisors, as they unravel the mysteries of retiring outside the United States. From busting myths about U.S. taxation for expats to explori...
April 09, 2024
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37:12
Planning Retirement For Small Business Owners
Are you thinking about retirement? As a business owner, if you’re not, you should be. This week, Dr. Preston Cherry is joined by Rickie Taylor to help business owners craft a retirement strategy that does double duty—fuelling your business grow...
March 19, 2024
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33:49
Secure the Bag: Journey Not Jive with Marques Ogden
When we say we’re “securing the bag,” do we really understand what we’re looking for? Marques Ogden, keynote speaker and former NFL player, joins me as “securing the bag” takes on a brand new definition as we peel back the layers to uncover the...
March 05, 2024
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32:59
Moving Couples from Conflict to Financial Harmony with Dr. Michael Thomas
Are you hiding financial secrets from your partner? If you are, you’re not alone. A new study finds that about 42% of couples admit to keeping secrets about money; that’s almost half of all couples! This week, I sat down with Dr. Michael Thomas...
February 20, 2024
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36:08
Does Your Mind Mess with Your Money?
Today, we're not just crunching numbers; we're delving into the neuroscience behind your spending habits, as Dr. Alex Melkumian helps illuminate the chemical reactions like cortisol and oxytocin that drive our financial behaviors. From identify...
February 06, 2024
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29:44
Using Reverse Mortgages for Finances Flexibility with Don Graves
This week, we sit down with Don Graves, to have a discussion about retirement income planning. As we unravel the complexities of reverse mortgages, you'll discover the transformative potential these tools hold for your golden years. From debunk...
January 23, 2024
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34:57
Using Positive Psychology for New Year Finance Goals with Ashley Quamme
Embark on a transformative journey with us as we explore the impact of positive psychology on financial resolutions, guided by the insightful expertise of Ashley Quamme. Discover how a shift in mindset, from mere goal-setting to embracing well-...
January 09, 2024
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Season 1
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Episode 29
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31:27
Concentration in Your Investment Portfolio
Ever found yourself pondering whether to place your hard-earned cash into that one golden stock or to play it safe across the board? Join me, Dr. Preston Cherry, as we navigate the treacherous yet potentially lucrative waters of concentration r...
January 04, 2024
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30:50
How to Experience Retirement Transition with Charles H. Cherry, Jr
Joining us on our latest episode is Charles H. Cherry Jr., my father, who brings a treasure trove of insights on how to gracefully glide into retirement. He and my mom have navigated the financial seas with a keen eye on their 401K and emergenc...
December 26, 2023
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44:57
Ways Money Shame Impacts Your Finances with Aja Evans
Ever grappled with the discomfort that creeps in when checking your bank account? You're not alone. Pull up a chair as Dr. Preston Cherry, join forces with the remarkable Aja Evans to unravel the tangled web of emotions that underpin our financ...
December 19, 2023
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32:39
Ways Secure Act 2.0 Helps Gen X Secure Retirement
Are you ready to finally feel confident about your financial future? Let's dive into one of the most critical cornerstones of secure retirement planning - the Secure Act 2.0. We're breaking it down into four key ways in which this act can revol...
December 08, 2023
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30:53
Understanding the Emotion and Money of Gen X Finances
Ever feel like you're caught in the middle, financially? Between caring for adult children, supporting elderly parents, and preparing for your own retirement, navigating the financial landscape as a Gen Xer can seem overwhelming. But don't worr...
December 05, 2023
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30:26
Handle Black Friday and Cyber Week Spending For Your Finances
Ready to take control of your holiday shopping and make well-informed financial decisions? That's what we're aiming for in this week's Life Money Balance podcast hosted by me, Dr. Preston Cherry. Today we'll chop it up about the trends in holid...
November 28, 2023
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31:02
Strategic Tax Planning and Maximizing High-Income Earnings with Thomas Kopelman
Are you ready to turn your high earnings into even higher savings? Get ready to make the most of your income with strategic tax planning, as we sit down with Thomas Kopelman of AllStreet Wealth to explore how you can better start in Q2 and stil...
November 22, 2023
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34:16
Ikigai Your Life and Finances
Meet Sam Ushio, founder of Ikigai Lab and Chief Ikigai at Connect3x, a man who has spent a lifetime exploring the ancient Japanese concept of Ikigai, a guiding life principle that merges passion, purpose, and profession. Join host of the Life M...
November 08, 2023
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26:44