The Money Study

The Money Study


Latest Episodes

14. Understanding Cash Flow: Budgeting, Part 3 With Steve Bishopp
November 15, 2021

Most people have at least one kind of debt, whether that be a credit card, loan, or mortgage. The question is, how should you pay them off? In the final part of the three-part mini-series, Jim Bishop

13. The Backdoor IRA Conversion Process with Rhonda Murphy
October 25, 2021

There are a couple of different IRAs that most people can contribute to. What do you do when you can’t make a contribution to them? In this episode, Jim Bishop is joined by Rhonda Murphy, a financial

12. Understanding Cash Flow: Budgeting, Part 2 With Steve Bishopp
September 20, 2021

Budgeting is the process of creating a plan for how you will spend your money. A budget helps you keep track of your spending and ensures that your savings are on track for the future. In part two of

11. Understanding Cash Flow, Part 1 With Steve Bishopp
September 06, 2021

In the first of a three-part mini-series, Jim Bishopp speaks with returning guest Steve Bishopp, a financial advisor at SJI Financial Services, about the importance of understanding your spending, hav

10. Investment Basics: Tuning Out the Noise
July 26, 2021

As investors, by now we all know the media sells you what you want to hear, but will it benefit your future or leave you with consequences you never imagined? In the fourth episode of the investment b

9. Investment Basics: Staying the Course When the Market Turns Against You.
July 12, 2021

We’ve all had that sinking sensation when the market goes against you, but what can we do to reassure ourselves and assess that our position is ready for anything the market throws at us? In the third

Episode 8: Investment Basics: The Science of Diversification – Part Two
June 21, 2021

What is diversification and why is it important?  In the second episode of the investment basics series, Jim Bishopp discusses the idea of managing risk through diversification. He walks you through the components of developing a risk model,

Episode 7: Investment Basics: Why Some Risk May Be a Good Idea
June 07, 2021

A lot of people want to save for retirement but don’t completely understand the “how” of investing in their savings.  In the first episode of the investment basics series, Jim Bishopp addresses common questions about the risks in your investments by sh...

Episode 6: Why You May Need a Financial Advisor — With Steve Bishopp
May 24, 2021

Thinking about doing finances yourself? — You may want to reconsider!  In this episode, Jim Bishopp is joined again by his brother and financial advisor, Steve Bishopp of SJI Financial Services. Together, they share the importance of hiring a financial...

Episode 5: Estate Planning in the Public Safety Sector — With Nolan Reidhead and Nate Weber
May 10, 2021

You’re never too young to start estate planning especially in the public safety sector!  In this episode, Jim Bishopp speaks with guests Nolan Reidhead, founder and estate planning attorney of Reidhead Law Group, and Nate Webber,