Financial Progress Podcast

ummaryIn this episode, Chrissy and Jess discuss the importance of insurance and the different types of insurance that individuals should consider. They cover health insurance, car insurance, homeowner's or renter's insurance, life insurance, identity theft insurance, and disability insurance. They emphasize the need to have the right types of insurance to protect oneself and loved

SummaryIn this episode of Financial Progress, Chrissy and Jess discuss credit scores and how they can be improved. They explain that credit scores are generated by algorithms that analyze credit reports, with the most commonly used scoring systems being FICO and Vantage. The main factors that influence credit scores include payment history, amounts owed, length of credit history, c

SummaryIn this episode, Nora Davila from Inversionista Gal shares her financial progress journey and the importance of money mindset. She discusses the aha moment she had when she realized the power of investing and the pitfalls of hiring a financial advisor. Nora also emphasizes the transition to passive investing and the dangers of individual stock investing. She highlights the n

SummaryThe conversation explores the impact of grief on financial decisions, debt, and coping mechanisms. It delves into various types of grief, including the loss of loved ones, job loss, and infertility struggles. The speakers share personal experiences of grief and its financial implications, highlighting the emotional and financial impact of grief on faith, relationships, and l

SummaryIn this conversation, Chrissy and Jess discuss the debt snowball and debt avalanche methods for paying off debt. The debt snowball method involves paying off debts from smallest to largest regardless of interest rate, while the debt avalanche method prioritizes debts based on interest rate from highest to lowest. They emphasize the importance of celebrating small wins along

SummaryIn this episode, Chrissy and Jess discuss the importance of having an emergency fund and how to build one. They emphasize that an emergency fund is crucial for financial stability and can protect against unforeseen expenses. They recommend starting with a one-month emergency fund and gradually increasing it to three to six months after paying off debt. They provide tips on s

SummaryIn this conversation, Walli Miller shares her journey from a first-generation millionaire to early retirement. She discusses her upbringing in a low-income neighborhood and her belief that education was her ticket out of poverty. Walli talks about the challenges she faced in managing her finances and the realization that she needed to make changes. She shares how he discover

SummaryIn this episode, Chrissy and Jess discuss the importance of setting financial goals and how it is like programming a GPS for your money journey. They emphasize the need for specific, measurable, achievable, relevant, and time-bound (SMART) goals. They also highlight the importance of visuals and tracking progress to stay motivated. The conversation concludes with a reminder

SummaryIn this episode, Chrissy and Jess discuss the importance of budgeting and how it can be compared to using a GPS for your finances. They emphasize that budgeting is for everyone and can help you take control of your money. They explain the process of assessing your financial situation, including listing your income and expenses, and creating a zero-based budget. They also men

SummaryIn this conversation, Chrissy and Jess discuss their childhood experiences and how it shaped their financial mindset. They talk about the lack of financial conversations in their households and the impact of early financial struggles. They share personal stories of living in unstable housing situations and the challenges they faced. They also discuss the importance of financ