We're on a medical bills and medical systems RUN, lately! And today's episode is a little different-- we're sitting down with my good friend Leandra Peters from Female in Finance to talk about her money journey-- from growing up struggling to getting hit with a quarter of a million in medical expenses in her 20s to being five years away from retirement at 33 years old. She's on a mission to teach the world how to master their finances and shares her story of how she did it herself on...

Ever wondered what brokerage you should be using to open that Roth IRA? We've got you covered. Discover the secrets to selecting the perfect brokerage firm for your investment goals in our latest podcast episode! Clo Bare breaks down her two favorite brokerages, how to choose a reliable and user-friendly platform, evaluate fees and commissions, and explore a wide range of investment options.  Related Episodes:  Ep 73: The (EXPENSIVE) Hidden Truth about Financial Advisors-- even...

Got prescriptions that are eating up your budget? The healthcare system we already know is a mess in the US, and in this episode, I brought on a real-life Pharmacist to talk about prescription drug costs and effective strategies to save money. With soaring healthcare expenses, finding ways to reduce prescription drug costs has become increasingly crucial. Our expert Pharmacist Ari provides invaluable insights and practical advice on navigating this complex landscape, including ways to save...

What's the difference between an HYSA and a money market account, and how do you choose which one to use? A high-yield savings account (HYSA) and a money market account are popular options for folks looking to earn interest on their savings. Both accounts offer competitive interest rates and are considered relatively safe places to store your cash with that FDIC insurance. HYSA and Money Market Accounts typically offer a higher interest rate than a traditional savings account, allowing you...

Financial infidelity, joint vs. combined vs. separate, power dynamics, and emergency funds?! What do these topics have in common? They're some of the biggest financial issues relationship therapists Rachel Facio, LMFT and Stacey Sherrell, LMFT, founders of Decoding Couples, see with their students and clients-- and in this week's episode? They're giving us tips on how to navigate financial challenges in your relationship. Discover effective strategies for open communication about money,...

Got credit card debt? You've probably heard of ways that work when paying off credit card debt, like the debt avalanche or debt snowball method, but what credit card debt payoff strategies should you avoid? Learn how to avoid common pitfalls when paying off credit card debt-- including debt consolidation loans, 0% transfer cards, and home refinancing. Related Episodes: Quick Money Tip #23: Should I pay off my credit card debt with my investments? Quick Money Tip #7: All Things Debt...

Do you ever feel stuck in your career path and realize you don't like it? Maybe you're a nurse tired of being in nursing, but you feel like you have no skills outside of the nursing industry, or maybe you're in restaurant management, and you can't see a path outside the industry. In this week's episode-- Clo Bare Money Coach and Danielle Roberts talk about fulfillment, how to start finding more fulfillment at work and in life, and how to ultimately transform your life. Danielle Roberts is...

How long have you been putting off opening an HYSA? Or learning how to invest? Do you feel like it's been something on your list forever, but for some reason, you can't seem to make it happen?? Well, let's talk about fear and overcoming the sometimes paralyzing impact of money fear. Fear can wield significant power over our lives, especially when it comes to money matters. The gripping fear surrounding personal finances often results in a state of inaction, preventing individuals from...

We've talked about the shady side of financial advising. Still, as you've heard on The Money Bare podcast-- if you're going to work with a financial advisor, we always recommend working with a fiduciary who is a Certified Financial Planner. But what happens when your fiduciary professional doesn't have your best interests in mind or, at the very least, doesn't know better?  Unfortunately, that happened to Tess Waresmith, and she explains how she recovered in this week's episode. Tess is the...

Ever get in a big spending frenzy where you just feel like spending all your cash? Clo Bare has-- in fact she's dealing with one now with her new move to San Diego. How do you mitigate these spending frenzies or shopping binges without completely breaking your budget? In this episode, Clo Bare talks about a few of the things she's doing to manage it all without feeling deprived. Related Episodes: Quick Money Tip #21: Managing Inconsistent Income Quick Money Tip #17: Habit Stacking Your...

What if I told you that there's a secret law out there that could eliminate your medical bills or, at the very least, reduce them if you're below a certain income level? And the income level is higher than you'd think-- way higher. Sounds too good to be true, right? Well, it's not. It's a real thing, and Dollar For is spreading awareness about this law so people can stop paying for medical bills that they don't have to pay. Dollar For is a non-profit organization dedicated to spreading the...

This week we have a special episode-- it's a listener write-in!  We had a follower reach out and ask-- should I use my investments in my brokerage account to pay off my credit card debt?  Clo Bare got the details of her budget, income, and more-- and is giving her opinion on what this listener should do. Related Episodes: Answering Your Money Questions: Listener Write Ins Quick Money Tip #7: All Things Debt Payoff Paying off $35k of Debt on a Low Income as a Single Mom with Dyana from...

What are some of the big mindset blocks folks face when nearing retirement? Surprisingly-- it's about recognizing when enough is enough. In this week's episode, we talk with Dawn Dahlby, CFP, BFA, CRPC, a certified financial planner, wealth wellness expert, and author of the upcoming book Live WELLthy™: Own Your Worth, Grow Your Wealth (Greenleaf Book Group, April 2023). She is the country’s first behavioral financial advisor, a certification that focuses on both the emotional and...

An adjustable-rate mortgage, or ARM for short, is a home loan where the interest rate can change over time. This means that your monthly payment can go up or down depending on what happens to interest rates. That may be tempting with interest rates going up... but the problem with ARMs is that it can be hard to predict what your payment will be in the future. If interest rates increase, your payment will increase too, which can be tough to afford. Plus, you might end up paying more in...

We have all heard about the gender wage gap, but did you know it starts as early as 7 years old?! I certainly didn't, but Meggie Palmer, friend, and founder of PepTalkHer, breaks down the gender pay gap and gives us tips on how to negotiate our salaries and get paid more. Meggie founded PepTalkHer with the mission of closing the gender pay gap. The PepTalkHer App helps you track your career successes. It uses artificial intelligence to coach confidence & negotiation and to give you a pep...

Managing inconsistent income can be a challenging experience for many individuals, particularly freelancers, entrepreneurs, or those in the gig economy. However, with careful planning and budgeting, it is possible to maintain financial stability and peace of mind. In this week's episode, Clo Bare talks about how to manage inconsistent income so if you're dealing with that stress, well, hopefully these tips will help you stress a little bit less. What you'll hear in this episode: [0:10]...

We've all seen it-- tax advice on Instagram telling folks they can write off their dog as office security, or folks telling people to buy a g-wagon to write it off... but how does that stuff hold up with the IRS??? And what tax-saving tips should small business owners pay attention to? In this week's episode, Shannon Weinstein, CPA, breaks it down. Shannon is a CPA and fractional CFO for growth-minded business owners. A teacher at heart, her real-life relatable examples simplify the...

Ever got a bill from a dentist or doctor that should've been 100% covered by your insurance? Welp, Clo Bare had that happen last week, and she's on a mission to burn it all down. Listen to how she is dealing with an unexpected medical bill and get a few tips on how to make sure you're never in that situation. What you'll hear in this episode: [0:20] Life update [1:28] US Healthcare System is infuriating [2:50] Unexpected Medical Bills [4:50] Appeal Process [8:40] Chloe's...

Ever thought about starting an Airbnb? Here's a way to do it that doesn't add to the housing crisis: Unique experiences and stays. Whitney Hansen, the host of The Money Nerds podcast, just built a dome in the woods and is now working on a new Airbnb project: A flower pot in the middle of a flower farm. Learn how to start your own unique Airbnb stay in this week's episode of The Money Bare. Whitney Hansen is a financial coach, speaker, and host of the award-winning podcast, The Money Nerds....

Trying to build wealth quickly? Or maybe you have an aggressive savings goal and a short-time to do it? Then the 60/30/10 budget rule might be right for you. Clo Bare breaks it down, explains the pros and cons to help you determine if the 60/30/10 budget rule is right for you. Learn more about the budgeting rule: https://clobare.com/60-30-10-rule-budget/ Clo Bare Blog: clobare.com Find me on social media at @clobaremoneycoach Please rate and subscribe to support this channel! Free Money...

Tyler graduated college at 22 in 2015 with a $0 net worth. Still, over the next seven years, he raised his net worth to over $1.5 million by working in sales, learning as much as possible about personal finance and investing, investing in the stock market, and investing in real estate. In the past two years, his online brand, Defining Wealth, has gone from a couple of hundred followers on Instagram to just under 200,000 followers combined between all channels, and he now brings in $60k a...

When deciding to finally get your money in order-- what do you start with? How do you decide what the first best thing to do is?? Do you start with an emergency fund or invest in a Roth IRA? In this week's episode, Clo Bare discusses the financial order of operations so that you can make the most of your money and achieve your financial goals. Clo Bare Blog: clobare.com Find me on social media at @clobaremoneycoach Please rate and subscribe to support this channel! Free Money Guide:...

Shang became able to 'work optional' at 31 through frugal living and investing in the stock market.  These days, she educates thousands of Americans via Save My Cents to learn how to save and invest so that they can retire with dignity while also ensuring that mental health is built into the conversation about money.  In this week's episode, Clo Bare sits down to chat about her journey and hear how Shang and her husband reached 'work optional' status by 31. Clo Bare Blog: clobare.com Find...

Habit stacking, created by James Clear, adds a new habit to a habit you already have. It helps folks stick to a new habit because you're working it into habits already ingrained in your brain. How can habit stacking help with our financial habits? Listen to this week's episode with Clo Bare Money Coach to find out. Clo Bare Blog: clobare.com Find me on social media at @clobaremoneycoach Please rate and subscribe to support this channel! Free Money Guide: moneyrightguide.com Free...

How should you split expenses as a couple? Should it be 50/50? Joint account or separate? Money can often create power dynamics within a relationship, especially if one partner earns significantly more than the other. We discuss how to manage these imbalances and maintain equality within the relationships, and we answer listener write-ins about love and money. Clo Bare Blog: clobare.com Find me on social media at @clobaremoneycoach Please rate and subscribe to support this...