Category: Financial Advisor
The Clampett Connection (Ep. 35)

The Clampett Connection (Ep. 35)

By |

Sudden wealth can have a profound impact on our financial decisions and overall well-being, regardless of whether it comes as an inheritance or other unexpected windfall. 

What should we do to properly manage unexpected wealth?

In this episode, Corey Heimensen delves on sudden wealth, specifically inheritance, using the Beverly Hillbillies show as an example and how it can influence financial decisions. He touches on the concept of lifestyle inflation and the importance of seeking professional advice when dealing with sudden wealth.

Corey discusses:

  • The recurring issue of the debt ceiling and how it can cause panic among individuals
  • Inheritance as an example of sudden wealth and how it can affect individuals and their financial decisions
  • Statistics on the average amount of inheritance received and how people spend it
  • How some people are afraid to spend or invest their inheritance and how to approach the situation
  • The concept of lifestyle inflation and how it can affect people’s spending habits
  • How people may spend lavishly on things without considering the consequences
  • The importance of having a professional team of advisors 
  • The importance of setting restrictions/safety nets on investments or inheritance to keep people on the right path, and how professionals can help with this
  • Why having financial literacy in banking, credit cards, and bill payments is essential for long-term success
  • And more!

Resources:

Connect with Corey Heimensen:

Podcast: Play in new window | Download | Embed

Subscribe: RSS | More
Raising The Bar with Zach Springer (Ep. 34)

Raising The Bar with Zach Springer (Ep. 34)

By |

In today’s world, the pursuit of higher education and professional aspirations takes individuals down various paths. 

That is why, this time, we’re asking a recent graduate to tell us about his experiences.

In this episode, Corey Heimensen is joined by Zach Springer, a recent graduate from the University of Iowa, to share his journey to law school and the process of preparing for law school admissions. They also touch on the comparison between the successful mind of an attorney versus a medical professional, the role of emotion in decision-making, and the importance of planning and perseverance in achieving long-term goals.

Corey and Zach discuss:

  • Zach’s path to law school, including his studies in political science and economics
  • The LSAT and how it tests logic rather than knowledge of the law
  • Zach’s interest in economics 
  • The efficiency of markets and how it can be difficult for people to take the emotion out of their decisions
  • The importance of trusting the process in financial planning and not changing objectives mid-flight 
  • Zach’s process of preparing for law school admissions and reveals his top three choices
  • The experience of meeting George Kittle, a famous Hawkeye football player who now plays for the 49ers
  • Their top three college bars and their most memorable experiences
  • And more!

Resources:

Connect with Zach Springer:

Connect with Corey Heimensen:

About Guest:

Zach Springer is an incoming J.D. candidate at Harvard Law School.  He will begin his legal education in the fall of 2023. Zach graduated summa cum laude from the University of Iowa in May of 2023 with degrees in Economics and Political Science, as well as a minor in Philosophy. Along with participating in the Honors and Presidential Scholars programs, he served as the President of the Phi Alpha Delta Pre-Law Fraternity. Zach was also an Undergraduate Student Government Senator for 2 years and mentored students in the political science and economics departments.

Zach’s mission-based goals, combined with his genuine enjoyment of learning about the law and collaborating with those around him, have confirmed his desire to enter the field of law. He hopes that the experiences he brings will allow him to have a positive impact on those around him and effectively contribute to the practice of law. Working with and learning from other students and faculty in his academic career and expanding his knowledge through internships and part-time opportunities have convinced him of his desire to work with entrepreneurs and other community businesses through legal work.

Podcast: Play in new window | Download | Embed

Subscribe: RSS | More
Parallels (Ep. 33)

Parallels (Ep. 33)

By |

Throughout our lives, we will always be “in between” periods.

During these, we will face many struggles and points where our decision-making will be crucial for our success. We have to make the best of situations by focusing on “What’s Important Now”.

In this episode, Corey Heimensen plays a card game called “Yablon” (also known as “Red Dog” or “In Between”) to demonstrate the parallels between the game and life decision-making, particularly in finance. Corey chats about the concept of being “in-between” life events and the importance of planning and enjoying life.

Corey discusses:

  • The game Yablon (also known as Red Dog or In Between)
  • What Yablon teaches us about decision-making, risk management, diversification, risk-return in finance, and life in general
  • How decision-making is crucial for life
  • The importance of enjoying life and having fun experiences without stressing about the next hurdle
  • And more!

Resources:

Connect with Corey Heimensen:

Podcast: Play in new window | Download | Embed

Subscribe: RSS | More
Turning Tragedy Into Support for Others with Jessica and Travis Remme – Part 2 (Ep. 32)

Turning Tragedy Into Support for Others with Jessica and Travis Remme – Part 2 (Ep. 32)

By |

The pain felt by the loss of a child is indescribable.

That is why seeking support is essential, even more so from people who really know what you feel.

In this episode, Corey Heimensen continues the conversation with Travis and Jessica Remme. This time they go in-depth regarding the Oaklyn Foundation and what they do to help parents who have lost their child.

Travis and Jessica discuss:

  • Details about the Oaklyn Foundation and the events they organize to help families
  • The resources and support they give to families who have lost children, including hand-crafting weighted bears
  • The importance of talking about loss and how their nonprofit has helped over 760 families in 34 states and Canada
  • The power of sharing personal stories and stepping into uncomfortable opportunities to help others 
  • The hard work and dedication required to achieve success
  • Corey’s commitment to supporting the Oaklyn Foundation
  • Their next big project with the foundation
  • And more!

Resources:

Connect with Jessica and Travis Remme:

Connect with Corey Heimensen:

About the Oaklyn Foundation:

Oaklyn was born on January 4, 2018, after an amazing pregnancy! What Travis and Jessica Remme didn’t know was that Oaklyn was born with an extremely rare Hemangioma on her liver that ruptured due to the pressure of delivery. After 10 hours, many blood transfusions, her heart stopping more times than they could count, and an unsuccessful surgery, they had to make the decision to let her go live with our Lord and Savior. This was the hardest decision of their lives.

What they found after the loss of their little girl was that there was little to no support for grieving families. In years past, infant and child loss was something that was kept secret, never to be discussed or talked about. Having walked this painful journey themselves, they discovered firsthand that talking about your child and celebrating them daily mends the heart a bit. After a time, they talked about Oaklyn with joy and pride, instead of pain and hurt. Their hope is that the Oaklyn Foundation can be that source of comfort for families during this difficult time in their life. They have walked this path, share the same pain in their hearts daily and understand a bit of what families are going through. They are here for you and would love to help your honor and remember your sweet child.

Podcast: Play in new window | Download | Embed

Subscribe: RSS | More
Turning Tragedy Into Support for Others with Jessica and Travis Remme – Part 1 (Ep. 31)

Turning Tragedy Into Support for Others with Jessica and Travis Remme – Part 1 (Ep. 31)

By |

Life can sometimes take an unexpected turn that can leave a lasting impact on us.

Hearing about the experiences of others can provide us with valuable insight and help us cultivate the proper mentality going forward.

In this episode, Corey Heimensen sits down with Jessica and Travis Remme. They share the story behind the sudden death of their daughter Oaklyn. Additionally, they talk about what motivated them to start the Oaklyn Foundation which aims to support couples who have lost a child.

Travis and Jessica discuss:

  • Their background and some details about the Oaklyn Foundation
  • The sudden loss of their newborn daughter, Oaklyn
  • The aftermath of the situation and how it mentally affected them 
  • The importance of faith
  • How the loss of their daughter made them get more united as a marriage
  • The surprising divorce rate after the passing of a child
  • The importance of seeking help
  • And more!

Resources:

Connect with Jessica and Travis Remme:

Connect with Corey Heimensen:

About the Oaklyn Foundation:

Oaklyn was born on January 4, 2018, after an amazing pregnancy! What Travis and Jessica Remme didn’t know was that Oaklyn was born with an extremely rare Hemangioma on her liver that ruptured due to the pressure of delivery. After 10 hours, many blood transfusions, her heart stopping more times than they could count, and an unsuccessful surgery, they had to make the decision to let her go live with our Lord and Savior. This was the hardest decision of their lives.

What they found after the loss of their little girl was that there was little to no support for grieving families. In years past, infant and child loss was something that was kept secret, never to be discussed or talked about. Having walked this painful journey themselves, they discovered firsthand that talking about your child and celebrating them daily mends the heart a bit. After a time, they talked about Oaklyn with joy and pride, instead of pain and hurt. Their hope is that the Oaklyn Foundation can be that source of comfort for families during this difficult time in their life. They have walked this path, share the same pain in their hearts daily and understand a bit of what families are going through. They are here for you and would love to help your honor and remember your sweet child.

Podcast: Play in new window | Download | Embed

Subscribe: RSS | More
Blockers and Other Tales From the Airport (Ep. 30)

Blockers and Other Tales From the Airport (Ep. 30)

By |

Have we ever paused to reflect on the uncomfortable situations we’ve encountered during our travels and pondered the lessons they might offer us about life? 

In this episode, Corey Heimensen recounts the tale of when he was recently traveling for work and in an effort to save a few bucks, took a route that included multiple connections, which resulted in a lot of travel time and time to witness things. Drawing on his experience from the trip, he categorized different types of people, the situations they are trying to control and stressed the significance of focusing on what we can control.

Corey discusses:

  • Staying on track when saving for retirement and other financial objectives by drawing a parallel with an airline pilot navigating the turbulence
  • The different categories of people he encountered and how they try to control situations
  • The human nature of wanting to control everything, and how this can be counterproductive, especially in situations where there is a lack of understanding
  • And more!

Resources:

Connect with Corey Heimensen:

Podcast: Play in new window | Download | Embed

Subscribe: RSS | More
Financial Fouls – Exploring Topics Related to Finance and the NBA (Ep. 29)

Financial Fouls – Exploring Topics Related to Finance and the NBA (Ep. 29)

By |

As the NBA finals are approaching, have you ever thought about the amount of money the players make? Yes, a lot.

But despite earning millions, are they financially responsible? What mistake do they make with their money?

In this episode, Corey Heimensen chats about how NBA players handle their personal finances, sharing important lessons that can be applied to anyone’s spending habits. He emphasizes the impact of nepotism and the importance of incorporating positive habits for future generations to learn from.

Corey discusses:

  • How finances can be related to any topic
  • The topic of whether professional athletes make too much money
  • The minimum and average salaries of NBA players and the value they bring to their companies
  • The importance of discipline in spending and how it applies to every individual with any level of income
  • Positive and negative stories about the spending habits of some NBA players
  • Why nepotism, done in the right way, it can be a good thing
  • The advantages and disadvantages of nepotism in business and how it can affect generational wealth
  • How our kids learn from our habits and the importance of being a good role model
  • And more!

Resources:

Connect with Corey Heimensen:

Podcast: Play in new window | Download | Embed

Subscribe: RSS | More
A.I. – Fact or Fiction? (Ep. 28)

A.I. – Fact or Fiction? (Ep. 28)

By |

Artificial intelligence(AI) is becoming more prevalent in our lives and is helping us simplify many tasks. 

But it’s important to understand when it’s appropriate to use AI and when it’s not.

In this episode, Corey Heimensen chats about artificial intelligence and the biggest concerns people have about its impact. Additionally, Corey talks about how new technology can be scary and it will never be perfect but it is an advancement in our society.

Corey discusses:

  • What Artificial Intelligence means
  • The two biggest concerns regarding AI among his clients
  • ChatGPT and the fascinating things the platform can do
  • The positive and negative implications for businesses through the advancement of technology
  • The rise and fall of Robo-Advisors in the financial industry and the importance of building relationships and trust with clients
  • The importance of focusing on the bigger things in life and using tools to free up time
  • And more!

Resources:

Connect with Corey Heimensen:

Podcast: Play in new window | Download | Embed

Subscribe: RSS | More
6 Life Lessons From NFL Owners (Ep. 27)

6 Life Lessons From NFL Owners (Ep. 27)

By |

Successful people may appear to be living their best life, but they too, make huge mistakes. 

By learning from their experiences without judging or criticizing, we can gain valuable lessons for our lives.

In this episode of The WIN Podcast, Corey Heimensen shares lessons learned from the financial errors made by six NFL owners. He emphasizes the importance of effective estate planning and communication to prevent family conflicts.

Corey discusses:

  • How even smart people can make mistakes, and the takeaways can be valuable for anyone, regardless of their level of wealth or walk of life
  • How these six NFL owners built their wealth
  • The importance of effective estate planning and communication to prevent family conflict
  • How illnesses or death can create disastrous situations for families and the need for a proper beneficiary designation
  • The importance of considering whether family members are the best people to take over one’s job or role
  • How crucial it is to have a succession plan for your organization
  • And more!

Resources:

Connect with Corey Heimensen:

Podcast: Play in new window | Download | Embed

Subscribe: RSS | More
The Mythology of Taxes (Ep. 26)

The Mythology of Taxes (Ep. 26)

By |

Taxes are a necessary but often stressful obligation and it’s understandable why people might have negative thoughts toward them. 

Due to these feelings, there are numerous myths about taxes that persist and are often perpetuated unintentionally.

In this episode of The WIN Podcast, Corey Heimensen shares and gives his view on some of the most common tax myths mentioned in the article “10 Common Tax Myths, Debunked.” Additionally, he sheds light on the importance of paying taxes and the misinformation surrounding it.

Corey discusses:

  • A reflection on the Huma Bird as a symbol of the irony in people’s desire for a solution to tax issues
  • The most common misconceptions and misunderstandings surrounding taxes
  • The importance of making your money work for you and why receiving your tax refund is not a cause for celebration
  • The significance of educating people about money and clarifying their biggest misconceptions
  • Why it’s important for every country that its citizens pay their taxes
  • And more!

Resources:

Connect with Corey Heimensen:

Podcast: Play in new window | Download | Embed

Subscribe: RSS | More