One Less Thing
One Less Thing
Kaeli Wood
Ever wish you had more time, money or financial expertise? Same here! As a stay-at-home of 3 young kids, I get it. Financial freedom seems to be the last thing on a mom's mind after a day of diapers and dirty dishes. But it doesn't have to be. I'm here to teach you how to put investing on auto-pilot, save for your kid's education, make powerful money habits – all with the finite time a mom has. Whether it's through real estate, airbnb, starting a business or cutting your spending, the peace of mind you'll get from having your financial house in order is TOTALLY worth it! So join me as we have honest conversations to make money One Less Thing to worry about.
Airplane Travel with Kids
Airline travel with kids can be expensive, cumbersome and just flat out difficult! In this episode I share all the tips I've learned over the years; traveling while pregnant, traveling with young kids, and traveling as a solo parent with kids. I also share some of our airplane travel horror stories and how to survive when a flight gets cancelled or delayed. Hopefully it doesn't happen to you, but in case it does I'm here to help!
Jun 29, 2022
28 min
Best Ways to Build Wealth
Here's my recipe for building wealth – make sure your Basic Needs are met, and then invest the rest! I'll discuss what I believe basic needs are, where you should invest, how much you can invest into tax-advantaged accounts each year, and the best ways to invest early so that you and your family are set for life.I recorded this episode in May 2022, and since then the markets have gotten even crazier! But rest assured that as long as you're patient, persistent and disciplined, you can stay the course and achieve some pretty amazing results for your financial future.
Jun 21, 2022
14 min
100 Things I Love About My Financial Life
Finances aren't solitary – they effect so many aspects of your life. This awareness can help you figure out your own relationship with money, what you're grateful for and what you take for granted. In this episode I'll list 100 things I love about where my financial life has taken me, my personality when it comes to money, and how, at its core, finances can be less intimidating.
Jun 8, 2022
19 min
10 Productivity Hacks for Moms
#9.  Here are my favorite ways to be productive - including getting clear on your values and prioritizing your schedule. The goal is to make decision making as frictionless as possible, because we've all had little ones clamoring for our attention! Rather than getting stuck in the day to day, these tips will jumpstart your productivity and free up time so you can focus on what's most important.Some recommendations in this episode:Thriving in Motherhood planner by Jessica JacksonWhen by Daniel Pink, with an interview at LifehackerWhen No is Better than Yes with wisdom from Brene BrownWired's book excerpt of Irresistible by Adam Alter
Jun 1, 2022
18 min
Vulnerability, Social Media and How they Relate to Your Finances
#8: Vulnerability is a tricky topic, but one that should be discussed as it relates to finances. We'll talk about how moms can use vulnerability to give themselves and others permission to do what's right for them, how long the average user uses social media a day (surprise – it's a lot!), why I stopped going on social media and why it's so important to grapple with your own feelings of financial vulnerability. We'll talk about the best ways to ask someone if they want to talk about something, where in the world real estate costs almost $1000 per sq ft and how financial scarcity can affect your mindset.As always, please reach out by emailing [email protected] or send me a DM @kaeliwoodSources:How gossip helped Homo Sapiens form larger and more stable bandsHow gossip allowed homo sapiens to conquer the earthUS millennials internet usage and online shoppingHow much time do people spend on social mediaHow to be vulnerableCost of living in Pleasanton, CADifference between compulsive and impulsive shoppingOnline consumers purchase decision behaviorWipeout - by Sebastian Maschat & Erlend Øye
May 19, 2022
17 min
Every Stay-at-Home Moms Favorite Question: What Do You Do?
Parents shouldn't be made to feel as if their contribution to society doesn't mean anything unless they are actively earning a paycheck. In this episode, we discuss cognitive dissonance, the American Time Use survey, getting into a "flow state" and why that's especially hard when you're constantly caring for young children, self-referential thinking, why you should think of your work as a calling, and how you're probably doing a much better job at motherhood than you think you are.I'll be honest, I recorded this episode and had  second thoughts about letting it out into the world. But I think every mom who's chosen to stay home and raise their kid, for any amount of time, can relate at least a little bit.Disclaimer: I can't even begin to imagine how hard it must be to have to work because of differing circumstances than my own. But my hope is that one day there will be enough programs in place so that every mother can at least have the choice to stay home to raise their own kids if they want to.
May 10, 2022
16 min
How to Become an Airbnb Host with a Family
As an Airbnb host for 5+ years, I've got my fair share of crazy stories. However, it also made SO much more possible, including funding family travel, keeping us financially afloat while my husband was in grad school,  and allowing me to stay home to raise our kids. While many short-term rentals are managed by property managers, Airbnb is unique in that anyone can rent out any space they own (subject to local laws). That means it's a totally viable option for moms, as long as they're willing and able to put in the work and deal with some discomfort.In this episode, we cover:Questions you should ask yourself to see if Airbnb hosting is a good fit for you and your familyHow you can make the best match between your space and your ideal guest's needsWhy keeping your listing detailed and honest is incredibly importantThe tools I used to get realistic pricingWhat to do 1) Before listing, 2) Before the guest arrives, and 3) After the guest leaves, to make the whole transaction as headache-free as possible
May 10, 2022
20 min
Taxes for Stay-at-home Moms and Freelancers
Every situation is different, but when it comes to taxes you only want to pay as much as you need to. In this episode, we cover:Different types of taxes (including car tax!)Sales tax, property tax and state income tax, according to different statesWhy I do my taxes early and how I prepare for a tax appointmentBasic vocabulary explained: W-2, 1099, AGI, gross vs. net income, dependents, standard deduction, EIC, tax credits, tax deductionsQualified business expenses for freelancersOur tax mistakes and how to avoid them!
May 9, 2022
21 min
Financial Independence for Moms
Did you know that you can retire before age 65? Yes! I'm looking at you, stay-at-home mom! Whether you aren't fully-employed (in the "occupation" sense), have part-time work, work nights and weekends, or are taking a year (or more!) off to raise your kids, you too can reach financial independence. All it takes is a basic understanding of Financial Independence (FI for short), supporting your working spouse or partner, and some hard-work, sacrifice and creativity. All things you're doing anyway, right?
May 9, 2022
16 min
Debt-Free for 10 Years of Marriage
Let's talk about debt. Dave Ramsey listeners want to get out of debt quicker than quicksand while Rich Dad, Poor Dad believers think real estate debt is the real path to wealth. But what do debt and wealth mean to you?Kaeli got married when she was 19 (almost 20!) and Sam was 22. From college scholarships, to Pell grants, to paying yourself first, they've used the principles Kaeli learned from her BYU photography teacher to always pay cash for a car and never get into recurring credit card debt. I'll walk you through our first couple live-in flips, remodels, being persistent with asking for financial aid, and lucking out in a crazy housing market.In this episode, we cover:How do you feel about your relationship bank accounts? (7 Habits for Highly Effective People,  Steven Covey)Time is your most valuable asset (Your Money or Your Life, Vicki Robbins)
May 9, 2022
33 min
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