The Confident Dollar Podcast

Lauren Gage

Join financial advisor Lauren Gage as she discusses how to build confidence in your money. Through episodes you'll learn how to save more, make more & plan for your future in a way that doesn't have you leaving behind how you want to live your life now. And let's not even get started with the shame cycle of money - we ARE leaving that behind. Bite sized episodes are released every Tuesday & Thursday.

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Top 10 The Confident Dollar Podcast Episodes

Goodpods has curated a list of the 10 best The Confident Dollar Podcast episodes, ranked by the number of listens and likes each episode have garnered from our listeners. If you are listening to The Confident Dollar Podcast for the first time, there's no better place to start than with one of these standout episodes. If you are a fan of the show, vote for your favorite The Confident Dollar Podcast episode by adding your comments to the episode page.

Ever Heard of the Backdoor Roth?

The Confident Dollar Podcast

04/12/24 • 16 min

If you are on instagram or TikTok you have seen "financial experts" giving advice on Backdoor Roth IRAs and Mega Backdoor Roth IRAs - but you are a little confused as to what they mean.
In this episode, I explain these two strategies for getting money into a Roth if you make too much money to contribute directly to a Roth IRA.

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All Things ROTH

The Confident Dollar Podcast

10/14/24 • 21 min

There are so many options for getting retirement assets into ROTH. In this episode I walk through Roth IRAs, Roth Employer Plans, Backdoor Roth, Roth Conversions & Mega Backdoor Roths.
Disclosures:
Contributions to a Roth IRA are taxed in the contribution year. The Roth IRA offers tax deferral on any earnings in the account. Withdrawals from the account may be tax free, as long as they are considered qualified. Limitations and restrictions may apply. Withdrawals prior to age 59 1⁄2 or prior to the account being opened for 5 years, whichever is later, may result in a 10% IRS penalty tax. Future tax laws can change at any time and may impact the benefits of Roth IRAs. Their tax treatment may change.
Traditional IRA account owners have considerations to make before performing a Roth IRA conversion. These primarily include income tax consequences on the converted amount in the year of conversion, withdrawal limitations from a Roth IRA, and income limitations for future contributions to a Roth IRA. In addition, if you are required to take a required minimum distribution (RMD) in the year you convert, you must do so before converting to a Roth IRA.
Mega Backdoor Roth:
Although this strategy has existed since 2010, the IRS has not officially commented or provided formal guidance on whether it violates the step-transaction rule. (When applied, this rule treats what are several different steps as if they were a single transaction for tax purposes.) Experts have mixed opinions on the likelihood of this happening, but the lack of a definitive ruling means there is some risk involved. If the IRS decides that the loophole is a violation, if restrictions do come into play at some point, they could require backdoor Roth converters to pay a penalty, or they might include a grandfather clause. There’s no guarantee the backdoor Roth IRA strategy will always be available. Congress recently considered legislation that would have eliminated the backdoor option. As of now, the backdoor Roth IRA is still around, but no one can predict its future. If you use this backdoor Roth strategy solely to sidestep the earnings limits on Roth, you need to be aware of the risks and seek the counsel and support of a tax professional.

How to payoff debt!

The Confident Dollar Podcast

05/18/23 • 12 min

This episode talks about two different debt payoff methods & the pros/cons of each. Plus, I discuss which debt is priority to payoff and which isn't.

Different Ways to Invest for your Kids!

The Confident Dollar Podcast

05/09/23 • 19 min

There are different options when it comes to investing & saving for your kids. Like, what should you do with that birthday money!
In this episode I talk about Education Accounts & Custodial Accounts and how to use them to save for your kids. We will breakdown the pros & cons of each and how to determine which one you should be using.

3 Different Tax Buckets in Investing!

The Confident Dollar Podcast

04/27/23 • 11 min

In this episode I break down the 3 different tax buckets you should know about and be investing in for your future.
1 - Taxable Accounts
2 - Tax -Free Accounts
3 - Tax - Deferred Accounts
These are something you need to understand as well as knowing the order & strategy behind which ones you invest in.

Cash Flow Surplus & Savings Rates

The Confident Dollar Podcast

04/18/23 • 6 min

If I asked you what your surplus is in your cash flow, would you know the answer?
This is something you NEED to know and is foundational in your budgeting & long term goals.
Once you know that, what savings rate should you be using and should it be based on your gross or net income?
In this episode we discuss the importance of savings rates & knowing your cash flow surplus. This is the cornerstone to reaching your long term financial goals.

The Fed, Interest Rates & Inflation

The Confident Dollar Podcast

04/04/23 • 13 min

In this episode we dive into the concept of inflation & how interest rates rising can help slow it down. You will have a better understanding of the Fed & their role in raising interest rates, what interest rates they raise and definitions to common financial terms that are used when this is discussed.
With everyone talking constantly about interest rates & the Fed - I want you to have an understanding of how this affects the market.

How to Set & Stick to a Budget

The Confident Dollar Podcast

03/30/23 • 11 min

Budgeting often feels like a constraining thing to do with your finances - but I would argue that it is the opposite. It actually provides freedom in your spending (when done right).
In this episode I go through my process of how I help clients set & stick to a budget. If you have never put together a budget for your finances - this episode is for you.
I bring my knowledge & experience as a financial advisor as well as a wife & mom to 4 kids. If anyone understands budgeting - it's me.

What is the Debt Ceiling & How Does it Work?

The Confident Dollar Podcast

06/02/23 • 9 min

In this episode I discuss the debt ceiling & why it is so important. Also, how does it affect you?

Market Update + How to Teach Your Kids About Money!

The Confident Dollar Podcast

07/12/23 • 35 min

Audio from July's webinar. My monthly webinars always include a market update + a behavioral financial topic. This month we tackled tips for how to teach your kids about money. As for the market update - can we look at the first half of the year and have an idea of what is coming in the second half? Let's take a look!
Chart Book

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FAQ

How many episodes does The Confident Dollar Podcast have?

The Confident Dollar Podcast currently has 30 episodes available.

What topics does The Confident Dollar Podcast cover?

The podcast is about Finances, Debt, Financial Planning, Retirement, Investing, Stock Market, Money, Podcasts, Business and Money Mindset.

What is the most popular episode on The Confident Dollar Podcast?

The episode title 'Different Ways to Invest for your Kids!' is the most popular.

What is the average episode length on The Confident Dollar Podcast?

The average episode length on The Confident Dollar Podcast is 18 minutes.

How often are episodes of The Confident Dollar Podcast released?

Episodes of The Confident Dollar Podcast are typically released every 9 days, 4 hours.

When was the first episode of The Confident Dollar Podcast?

The first episode of The Confident Dollar Podcast was released on Mar 30, 2023.

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The Confident Dollar Podcast

Lauren Gage

Top 10 The Confident Dollar Podcast Episodes

FAQ

How many episodes does The Confident Dollar Podcast have?

What topics does The Confident Dollar Podcast cover?

What is the most popular episode on The Confident Dollar Podcast?

What is the average episode length on The Confident Dollar Podcast?

How often are episodes of The Confident Dollar Podcast released?

When was the first episode of The Confident Dollar Podcast?

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