#14: Plan To Avoid The Christmas Hangover
Do you want to avoid the financial hangover of the holidays? While you’re shopping, Hogan has a plan for you: Seven Tips to Avoid the Christmas Hangover. Other features include a Christmas Top Ten List from Ho-Ho-Hogan, the 3-point-takeaway, event highlights, as well as a special cameo from Professor Hogan. He’s here to breakdown the ten dollar financial words that VIPs want defined.
0:29 – WELCOME
1:44 – SEVEN TIPS TO AVOID THE CHRISTMAS HANGOVER
Chris wants to help you avoid the silly season while you shop and give:
MAKE A LIST– Plan who and what makes your list before you’re in the store.
SET A BUDGET – Planned spending limits. That includes your kids and significant others!
A CASH CHRISTMAS – You’re going to spend, just do it with cash. It’s about control.
THE ENEMY IS LURKING – Don’t let your guard down. Credit temptation is at every turn.
KEEP A RUNNING TALLY OF SPENDING – Awareness. Know what’s spent, what’s left.
THINK OUTSIDE THE GIFT BOX – Get creative. Be honest about spending limitations.
GET CREATIVE WITH GIFTS FOR KIDS – Meaningful and specific beats dollar amount.
18:02 – VIP ANNOUNCEMENTS
Email us- firstname.lastname@example.org. Send us your very own halftime speeches you want Coach Hogan to say back to you on the podcast. Also, send in your retirement poems that you want Hogan the poet to share with you (beanie and jazz music already included). Don’t forget about Hogan’s Christmas Bundle. Go to chrishogan360.com and get 56% off an amazing product bundle for the holidays.
19:51 – TOP TEN THINGS YOU ARE DOING WHILE LISTENING TO THE PODCAST
While you navigate through the holiday hustle and bustle, what exactly are you doing while listening to this episode? Hogan has some ideas. Don’t think he doesn’t know that you’re jogging right now with your ear buds in just so you can have that second piece of pie!
24:18 – RETIRE INSPIRED EVENT HIGHLIGHT
Hogan’s podcast producer shares a couple highlights from attendees just like you who are winning.
27:00 – PROFESSOR HOGAN
Thanks to the terms you VIPs sent in, education collides with entertainment. Those ten dollar financial terms that seem like a bunch of gobbledegook get broken down and defined along with a few pop culture terms. In this episode, Professor Hogan defines:
AMORTIZATION (submitted by Sam)
#KEEPIT100 (submitted by Veronica)
ROTH CONVERSION LADDER (submitted by Gabriel)
FIDUCIARY (submitted by Tom aka Double T)
ON FLEEK (submitted by Danielle)
32:30 – HEAR FROM THE PEOPLE
Hogan reads listener emails:
A 60-year-old single female is being resourced. Though she has $250k in her 401k, she is watching her emergency fund dwindle and wants advice for how to stay calm.
A 32-year-old man is now into Baby Step 4-6. He has an R:IQ question because of his health.
39:43 – THE TAKEAWAY
Hogan gives his patented 3- point-takeaway so you have a healthy outlook on holiday spending:
HAVE A SHOPPING PLAN
STICK TO YOUR BUDGET
PAY WITH CASH
44:47 – RALLY CRY WRAP-UP
45:28 – CALL TO ACTION
Go to chrishogan360.com to discover your R:IQ. While you’re there, click “Dream Team.” Then connect with SmartVestor Pros for investing help and ELPs for real estate, insurance and tax services.
Email us your retirement dreams or wins as well as your Coach Hogan Halftime Speeches and Retirement Poems. Send them to email@example.com. You can also write a review of the Retire Inspired Podcast on iTunes and subscribe to future episodes.