Isn’t That Rich with MyFSB

Spotting the Signs: How to Recognize Elder Abuse with Kimberly O’Daniel | Episode 81

Elder fraud and abuse are sneaky problems that affect some of the most vulnerable people in our community. Kimberly O'Daniel, the Program Director for Adult Protective Services at Shawnee Health, sheds light on what’s being done to fight back. We’re diving into the different ways seniors can be exploited, from financial scams to physical and emotional abuse. Kimberly shares practical tips on how families, friends, and professionals can spot the red flags and step in to protect our elderly loved ones. With her real-life stories and expert advice, we share why staying alert, educated, and connected is key to keeping our seniors safe.

The 5 Most Important People to Have on Your Team and 5 More to Keep in Your Corner | Episode 80

Building a solid foundation for your personal and professional life is no small feat. Whether you're just starting your career, growing a family, or preparing for retirement, the right professionals by your side can make a world of difference. Here's a breakdown of the key people you should consider having on your team and how they can help you navigate life's various challenges and opportunities.

6 Reasons Not to Rely Solely on Social Security For Retirement | Episode 79

Planning for retirement is a crucial step for every working American. Understanding Social Security, how it works, and why you shouldn’t rely solely on it for retirement is essential. Additionally, knowing how to check your future retirement benefits can help you make more informed decisions. Let's dive into this topic and explore the details.

7 Streams of Income: The Blueprint for Financial Freedom | Episode 78

More money? Yes, please! In this episode of the Isn't That Rich podcast, we explore the seven essential streams of income that can transform your financial health. From earned income and profit income to interest, dividend, rental, capital gains, and royalty income, we share practical ways to diversify your earnings and achieve financial stability. Discover how leveraging your skills and making wise investments can help you build a robust financial portfolio that withstands economic uncertainties. Tune in to learn how to secure your financial future and unlock the path to wealth!g

The Truth About FDIC Insurance: How to Insure More Than $250,000 | Episode 77

When you think about the safety of your hard-earned money, one of the first things that might come to mind is FDIC insurance. Established in 1933, the Federal Deposit Insurance Corporation (FDIC) provides a sense of security for depositors by insuring their deposits in member banks up to a standard limit of $250,000 per depositor, per insured bank, for each account ownership category. However, did you know that you can actually insure much more than that by strategically structuring your accounts? Christine Hankins, President of Retail Banking is letting us in on the truth about FDIC insurance and how you can maximize your coverage at your FDIC insured bank.

Gratuity Gone Wild: Unpacking America’s Tipping Obsession | Episode 76

In this episode, we explore the fascinating and often controversial history of tip culture in the United States. Discover how a practice meant to reward exceptional service has evolved into an expectation that permeates even quick service restaurants. We'll explore the origins of tipping, its cultural implications, and why it has spiraled out of control in recent years. We also examine the impact of this tipping trend on both workers and customers. Whether you're a frequent diner or just curious about societal trends, this episode offers an eye-opening look at a pervasive yet often misunderstood practice. Tune in to learn how tipping culture has transformed and what it means for the future of service in America.

The ABC’s of Home Insurance Coverage | Episode 75

In this episode, we clarify the complexities of home insurance with a simple and engaging approach: the ABC's of Home Insurance Coverage. Tune in as we break down what each letter stands for and the specific protections they offer. Discover how "A" covers your dwelling, ensuring your home itself is safeguarded. Learn why "B" is essential for everything attached to your property, from barns to carports. And don't miss our deep dive into "C," which covers the contents inside your house, including appliances and personal belongings you’d take when you move. Whether you're a homeowner or considering buying a home, this episode will equip you with the knowledge to make informed decisions about your home insurance policy. Join us for a comprehensive yet easy-to-understand guide that will leave you feeling confident and secure about your coverage.

How Your Business Can Benefit from Financial Literacy | Episode 74

In this episode, we explore the powerful impact of financial literacy on businesses and their employees. Join us as we discuss how offering a financial wellness benefit can boost productivity, reduce stress, and enhance overall workplace satisfaction. We dive into the initiatives led by Farmers State Bank, which provides financial literacy classes tailored for businesses and their employees. Hear real-life success stories and practical insights on how these programs can transform financial behaviors and lead to a more financially secure workforce. Whether you're a business owner looking to support your team or an employee eager to improve your financial skills, this episode is packed with valuable information. Tune in to discover the benefits of financial literacy and how it can be a game-changer for your business.

Adapting to Thrive: Michelle Sirles’ Innovative Approach at Rendleman Orchards | Episode 73

In this episode, we dive deep into the world of agriculture with Michelle Sirles, the 5th generation farmer, Vice President, and owner of Rendleman Orchards. Discover how Michelle, with her unique background in graphic design and marketing, has transformed her family's 150-year-old farm into a modern-day destination. Learn about the innovative strategies she's implemented to keep the orchard relevant and thriving in today's challenging agricultural climate. From interactive photo ops and endless flower fields to expanding their retail footprint nationwide, Michelle's creative vision is reshaping the farming experience. Tune in to hear how she's not only preserving her family's legacy but also ensuring that Rendleman Orchards remains a beloved Midwest destination for generations to come. If you're curious about the future of farming and the power of adaptability, this is an episode you won't want to miss.

Choosing the Best Personal Finance App | Episode 72

Today we’re exploring the world of personal finance apps. With so many options available, it can be challenging to choose the right one. In this episode, we’ll break down the key features to look for, compare popular apps, and provide tips on how to select the best app for your financial needs.1. YNAB (You Need a Budget)Cost: $14.99/month or $98.99/yearPros:Emphasizes proactive budgetingGoal-setting and progress trackingExcellent customer support and educational resourcesBank synchronizationCons:Steep learning curve for beginnersRelatively expensiveNo investment tracking2. EveryDollarCost: Free, EveryDollar Plus: $12.99/month or $79.99/yearPros:Zero-based budgeting methodEasy-to-use interfaceSyncs across devicesIntegration with Ramsey+ for additional financial tools and resourcesCons:Bank synchronization only in paid versionLimited investment trackingCan be expensive for full features3. Personal CapitalCost: Free (basic features), Wealth Management services have a fee based on assets under managementPros:Strong investment tracking and analysisComprehensive view of financial accountsRetirement planning toolsFree financial toolsCons:Focus on wealth management clients can be off-putting for budget-focused usersCan be complex for simple budgeting needsPersistent upselling of advisory services4. PocketGuardCost: Free, PocketGuard Plus: $4.99/month, $34.99/year, or $79.99/lifetimePros:Simple, easy-to-use interfaceAutomatically categorizes expenses"In My Pocket" feature shows available funds after bills and savingsFinancial goal trackingCons:Limited customization of budget categoriesFree version has limited featuresNo investment tracking5. GoodbudgetCost: Free (basic), Plus: $8/month or $70/yearPros:Envelope budgeting systemSimple and straightforwardSyncs across multiple devicesDebt tracking and managementCons:Manual entry of transactionsLimited features in free versionNo bank synchronization6. Simplifi by QuickenCost: $5.99/month or $47.99/yearPros:Real-time updates on spending and budgetingPersonalized insights and spending planEasy to set up and useTracks subscriptions and recurring expensesCons:Subscription-based model can add upLimited free trial periodNo investment tracking7. Tiller MoneyCost: $79/yearPros:Automatically updates Google Sheets or Excel with bank dataHighly customizableDaily email summaries of financial activitiesStrong community and supportCons:Requires familiarity with spreadsheetsNo mobile appLimited to Google Sheets and Excel usersThese apps offer various features and cater to different budgeting styles, so selecting the right one depends on your personal financial goals and preferences.