Podcast Episode 312: Dad Jokes and Financial Wisdom
To celebrate another Father’s Day weekend, we decided to work in some dad jokes into the podcast. Who doesn’t love those, right? So join us for a few laughs (we hope) and more importantly, some financial wisdom.
Below you’re going to find each of our dad jokes in bold with the punchline to follow. Then we’ll tie in the financial message that we can take from each of these.
Where does 007 invest his money? The bond market
So let’s talk a little about bonds. They’ve been in the news quite a bit in recent months and it’s usually the place people go for safety, right? That perception has changed for investors because they had their worst year in a long time. So make sure you understand how much risk you have in your plan because your money needs to last you in retirement.
What did the duck say after he went shopping? Put it on my bill.
This brings up the topic of credit and debt, which is a huge obstacle for people trying to save for retirement. When we talk about building a foundation for your financial house, you have to pay close attention to debt and how it’s being managed. If you have holes in your foundation in the form of debt payments and high interest rates, let’s plug those before we start building the rest of the house.
Why did the woman go outdoors with her purse open? Because she expected some change in the weather.
When we hear this one, it makes us think about someone who just goes outside and hopes something good is going to happen. That’s like not being active with your financial planning decisions and just hoping things take care of themselves. Don’t procrastinate with those important actions that you need to take care of now. Get your plan in place to address your needs so that you don’t have to be nervous in the future or just hopeful they’ll get solved for you.
Those are the three jokes we spend time on during this podcast but let’s share a couple more for fun.
Why are Irish bankers so successful? Because their capital is always Dublin.
And one more for good measure.
Did you hear that laughing too loudly is illegal in Hawaii? They only permit A-lo-ha.
The point we’re trying to make today is that we can have financial conversations without being miserable. We don’t want your experience to be unpleasant when you work with a financial advisor. So if that’s what’s been holding you up, reach out and let’s start your complimentary Money Map review.
Here are some of the things we discuss in this episode:
1:01 – Joke #1: Where does 007 invest his money?
2:29 – Joke #2: What did the duck say after going shopping?
7:14 – Joke #3: Why did the woman go outdoors with her purse open?
9:10 – Joke #4: Why are Irish bankers so successful?
12:12 – On the case with Heath: Pensions
16:27 – How high on the list is long-term care on retirement issues?
20:13 – Mailbag question about taking care of parents financially
Information presented in our podcasts is considered current as of the created date. Over time, some information presented may become stale. We recommend you consult with your Financial Professional before making any changes based on information contained here.
Johnson Brunetti is a marketing name for the businesses of JB Capital and JN Financial.
Investment Advisory Services offered through JB Capital, LLC. Insurance Products offered through JN Financial, LLC.
The guarantees provided by any type of insurance contract are based on the claims-paying ability of the insurance company.
Related Resources
-
Podcast 407: Is My Social Security Income Taxable?
Prefer to watch? Click here to watch and listen on YouTube. A common misconception about Social Security is that whether your benefits are taxed depends on the state you live in. While state ta… -
How Can I Protect My Retirement Savings from Market Volatility?
We’ve been receiving a lot of questions lately about how to best protect your retirement savings against stock market volatility. It’s easy to let recent fluctuations in the market shake your conf… -
Avoiding the Retirement Tax Trap
Once you retire, understanding your tax implications becomes even more crucial. After all, taxes don’t disappear in retirement. In fact, as you begin withdrawing from your retirement savings, you … -
Podcast Episode 406: How to Plan for a 30-Year Retirement
Prefer to watch? Click here to watch and listen on YouTube. The retirement landscape has changed dramatically. Today’s retirees bear much more of the responsibility for securing their financial… -
Podcast Episode 405: The Retirement Tax Trap
Prefer to watch? Click here to watch and listen on YouTube. The term “tax trap” comes from the misconception that you’ll need less income in retirement, so you’ll pay lower taxes. This leads ma… -
What Should I Watch Out for When Reviewing My Retirement Tax Return?
Now that tax season is over and your return is filed, you may be wondering what you need to review in preparation for next year, especially if you’re approaching retirement. In this week’s Mone… -
Retiring In Uncertain Times
During times of economic uncertainty, it’s natural to feel overwhelmed. It seems like every day there’s a new update from the markets. But rather than reacting to the noise, focus on why you have … -
How Do Tariffs Affect the Stock Market?
If you’ve been tuned into the news lately, you’ve probably heard a lot about tariffs. The current administration’s latest economic push has introduced a wave of uncertainty in the market. But what… -
How Do I Get Out of Debt Fast?
Most people with debt want to get out of it quickly and efficiently. To do that, you first need a clear understanding of your financial situation. Second, you need a clear, actionable plan. In … -
Why Do I Need to Account for Inflation in Retirement?
Today’s question is: What is inflation and why is it important to account for in my retirement plan? Inflation is the rising cost of goods over time. Meaning, it will cost you more money next year…