Ask Ralph Podcast: Mastering Your Finances with a Christian Perspective

Are money problems putting strain on your closest relationships? Do arguments over finances leave you feeling stressed and disconnected from loved ones? Money is a common source of conflict for many couples. However, there’s a way to overcome this challenge completely and have a strong and enjoyable relationship with your partner. Listen to this episode of the Ask Ralph podcast, where host Ralph Estep Jr. shares lessons from his mistakes to help you avoid repeating harmful habits. Discover the top money moves wrecking relationships and exactly what to do instead. Find out how better communication, budgeting as a team, and showing gratitude can lift burdens and bring you closer together. https://www.askralphpodcast.com/ 00:00 Episode Overview 00:28 Welcome Back to Motivational Monday 02:04 Bible Verse 02:42 10 Money Habits That Could Be Sabotaging Your Relationships 07:42 Build A Stronger Relationships 09:43 Heal From Your Past Financial Mistakes 10:55 Episode Recap 05:51 How to avoid scams? 07:39 Episode Recap 08:12 Outro

Have you ever struggled with making career decisions that align with your faith? In this episode of the Ask Ralph Podcast, host Ralph Estep Jr. talks about how to make work choices that follow God's will. Ralph shares his personal experiences and gives biblical wisdom to help listeners with their career paths. He discusses practical steps for discerning God's will, staying spiritually strong in any job, and integrating faith with work. Ralph emphasizes the importance of motivation, seeking wise counsel, and maintaining a balance between career and spiritual life. Tune in for actionable advice and spiritual guidance to make informed career decisions. https://www.askralphpodcast.com/according-to-gods-will/ 00:00 Episode Overview 02:09 Bible Verse 02:33 Evaluating Job Opportunities 03:11 Reflecting on Motivations 03:27 Seeking Wise Counsel 03:53 Staying Spiritually Grounded 05:02 Final Thoughts and Prayer 06:20 Outro

In this episode of the Ask Ralph Podcast, host Ralph Estep Jr. discusses the sensitive and common issue of paying off debt in collections and improving credit from a Christian perspective. He explains the financial and emotional challenges of dealing with debt collectors, such as sending cease and desist letters, creating a realistic budget, and negotiating repayment terms. Ralph explores whether it’s wise to settle debts for lump sums or focus on consistent monthly payments. He emphasizes the importance of handling debt with integrity, compassion, and wisdom, providing practical financial advice and biblical wisdom to help listeners achieve financial freedom and peace of mind. https://www.askralphpodcast.com/payoff-debt-in-collections/ 00:00 Episode Overview 01:22 Previous Topic 01:56 Facing Debt in Collections 02:32 Cease and Desist Letters 03:23 Budgeting and Payment Plans 05:39 Negotiating with Debt Collectors 06:27 Rebuilding Credit 07:45 Bible Verse 08:24 Final Thoughts 09:09 Outro

Are you worried about the stability of your retirement savings? With stock market volatility and rising inflation, many are turning to alternative investments like precious metal IRAs. But are they really the golden ticket to a secure financial future? Listen to this episode of the Ask Ralph podcast, where host Ralph Estep Jr. dives into the world of precious metal IRAs, addressing the allure and potential pitfalls of investing your retirement funds in gold, silver, and other precious metals. Ralph breaks down the pros and cons of precious metal IRAs, offering insights on portfolio diversification, inflation hedging, and the risks of putting too much faith in these tangible assets. He also provides practical advice on how to set up a precious metal IRA and warns listeners about red flags to watch out for when dealing with custodians and dealers. https://www.askralphpodcast.com/ 00:00 Episode Overview 00:48 Recap And Show Announcements 01:18 Bible Verse 02:13 What in the world is a precious metal IRA? 03:08 Pros of Precious Metal IRA 03:49 Cons of Precious Metal IRA 04:49 How do you actually invest in Precious Metal IRA? 05:51 How to avoid scams? 07:39 Episode Recap 08:12 Outro

Ever work in one state but live in another? This can create a tax nightmare if you do not handle it correctly. Listen in to this episode of the Ask Ralph podcast, where host Ralph Estep Jr. tackles double taxation problems with remote workers living and working across different states. Ralph Torres -Tips on How to Find and Obtain Payment Protection Tax Cuts for Your Business Ralph offers advice about receiving tax credits, understanding the specific state laws, and reducing your taxable income. Ralph: it is always important to seek advice from a professional, keep track of the time spent in each state, and file correctly as a non-resident. https://www.askralphpodcast.com/ 00:00 Episode Overview 00:21 Recap And Show Announcements 02:06 Bible Verse 02:37 Why will you owe state income taxes where you worked? 03:42 Why will you also owe state income taxes where you lived? 04:14 How may you claim a tax credit? 05:02 How can you determine your state residency status? 05:36 Why should you adjust withholdings or make estimated tax payments? 06:24 How can you file nonresident returns properly? 08:07 Why should you track time spent in each state? 08:59 Why should you pay close attention to retirement contributions? 08:46 Why should you consider the impacts on property and investments? 09:17 Why is it important to maintain good records? 1049 Outro

Many well-intentioned entrepreneurs may unknowingly break the law with their seemingly innocent gigs. From ride-sharing to home rentals, even the most common side hustles can run afoul of local regulations, resulting in hefty fines or worse. In this episode of the Ask Ralph podcast, host Ralph Estep Jr. delves into the surprising ways your side gig might be crossing legal lines. He explores how ride-sharing, short-term rentals, house flipping, and childcare services can violate local ordinances, zoning laws, and licensing requirements. This episode provides crucial insights and practical tips for navigating the complex legal landscape of the side hustles, urging entrepreneurs to do their due diligence before launching into any side business venture. https://www.askralphpodcast.com/ 00:00 Episode Overview 00:24 Recap And Show Announcements 01:50 Bible Verse 02:59 Is Your Side Hustle Illegal? 03:52 Illegal Side Hustle 1: Ride-Sharing Services 04:40 Illegal Side Hustle 2: Be Careful Listing Your Home For Short-Term Rental Sites 05:20 Other Quick Pitfalls To Avoid. 05:53 Researched The Local Regulations Carefully 06:24 What Steps Can You Take To Ensure Your Side Hustle Stays Aboveboard? 08:07 Episode Recap 08:59 Outro

In this episode of the Ask Ralph Podcast, host Ralph Estep Jr. discusses the pros, cons, and alternatives to no credit check loans. He explains the financial and emotional challenges that come with these types of loans, addressing whether they are smart financial moves or debt traps. Ralph dives into the benefits and risks of no credit check loans and payday loans, considering scenarios when they might be useful and when they can cause more harm than good. He also explores safer alternatives for getting quick cash and provides practical financial advice and biblical wisdom to help listeners make informed decisions. https://www.askralphpodcast.com/ 00:00 Episode Overview 01:28 Bible Verse 02:22 What are No Credit Check Loans? 03:40 When are No Credit Check Loans Helpful? 05:05 When are No Credit Check Loans Harmful? 06:23 Pros of No Credit Check Loans 07:19 Cons of No Credit Check Loans 08:41 Alternatives to High-Interest Online Loans 10:13 Tips for Avoiding Debt Traps 11:40 Final Thoughts 12:09 Outro

In this episode of the Ask Ralph Podcast, host Ralph Estep Jr. discusses the ins and outs of home warranties. He explains what home warranties cover and do not cover, their benefits and drawbacks, and the cost associated with them. Ralph also provides practical advice on when to consider purchasing a home warranty and tips for choosing a reliable provider. Tune in to learn more about how home warranties can offer peace of mind and whether they are the right choice for you. https://www.askralphpodcast.com/what-is-a-home-warranty/ 00:00 Episode Overview 01:57 Bible Verse 02:26 What is a Home Warranty? 03:05 What Does a Home Warranty Cover 03:53 What Home Warranties Do Not Cover 04:34 Pros of a Home Warranty 07:13 Cons of a Home Warranty 08:17 Cost of a Home Warranty 09:09 When to Purchase a Home Warranty 09:57 Tips for Choosing a Home Warranty Provider 11:12 Final Thoughts 11:55 Outro

In this Ask Ralph Podcast episode, Ralph Estep Jr. talks about becoming debt-free with Godly wisdom and discipline. Ralph shares insights from the Bible, practical financial advice, and spiritual principles to help listeners break free from the chains of debt and step into financial freedom. He discusses the importance of wisdom, discipline, and faith in managing finances and provides actionable steps such as creating a realistic budget, exploring debt-reduction strategies, and seeking professional help. Tune in for a helpful and inspiring chat about managing your money God's way. https://www.askralphpodcast.com/godly-widsom-and-discipline/ 00:00 Episode Overview 01:05 Recap 02:08 Bible Verse 02:45 Wisdom in Financial Decisions 04:16 Discipline and Budgeting 05:15 Faith and Trusting God's Provision 05:48 Practical Steps to Become Debt-Free 07:16 Final Thoughts and Prayer 08:03 Outro

In this episode of the Ask Ralph Podcast, Ralph Estep Jr. talks about safe deposit boxes. Have you ever wondered where to keep those irreplaceable documents and valuable items? Ralph discusses the pros and cons of using a safe deposit box and what items are best stored in them. He talks about what to keep in them and what's better kept somewhere else. He also looks at other options like home safes and digital storage and shares biblical wisdom on the true treasures in life. Tune in to learn how to keep your stuff safe and remember what's important in life. https://www.askralphpodcast.com/safe-deposit-box/ 00:00 Episode Overview 01:17 Safe Deposit Box 02:39 What to Keep in a Safe Deposit Box 03:33 What Not to Keep in a Safe Deposit Box 04:20 Security of Safe Deposit Boxes 05:08 Alternatives to Safe Deposit Boxes 06:22 Bible Verse 06:52 Biblical Perspective on Treasures 07:15 Final Thoughts 07:39 Outro

Inheriting property can be both a blessing and a burden. On one hand, it represents a valuable asset that could improve your financial situation. Conversely, it can lead to misunderstandings, disagreements, and even legal battles. In this episode of the Ask Ralph podcast, host Ralph Estep Jr. delves into the intricacies of managing inherited properties. He outlines practical steps such as open communication, seeking legal advice, and getting the property appraised. Ralph also emphasizes the importance of being willing to compromise and the benefits of mediation if conflicts arise. https://www.askralphpodcast.com/ 00:00 Episode Overview 00:53 Show Announcements 01:59 Bible Verse 02:41 Action 1: communicate openly and honestly 03:19 Action 2: Seek Medical Guide 03:48 Action 3: get the Property Appraised 04:16 Action 4: consider your options 04:56 Action 5: put everything in writing 05:31 Action 6: be willing to compromise 05:56 Action 7: Try to keep your emotions in check 06:22 Action 8: Seek mediation if necessary 07:12 Episode Recap 08:19 Steps to take if you've inherited a property with someone else 08:57 Outro

Do the complexities of the tax code leave your head spinning and wondering how you'll ever get it right? You're not alone - taxes are a source of stress and anxiety for millions. But there is hope. In this episode of the Ask Ralph podcast, host Ralph Estep Jr. will help you learn practical steps to minimize your audit risk and finally find tax peace of mind. He will tackle the time limit IRS audits have, what records you need to keep, and how you can confidently prepare for an audit. Tune in to get the insider knowledge you need to handle the IRS easily. https://www.askralphpodcast.com/ 00:00 Episode Overview 00:42 Show Announcements 01:25 Bible Verse 01:58 Understand Irs Audit Time Limits 02:49 Exception 1: Substantial Understatement Of Income 03:31 Exception 2: Fraud Or Intentional Misrepresentation 04:05 Exception 3: Unfiled Tax Return 04:52 Minimize Your Audit Risk 05:23 Step 1: File On Time Every Time 05:59 Step 2: Double Check Your Work 06:42 Step 3: Keep a Meticulous Record 07:03 Step 4: Don't Be Afraid To Seek Professional Help 07:48 Episode Recap 08:21 Outro

We've all been there - unexpected expenses pop up, and you need some extra cash fast. The easy solution is to take out a personal loan. But those can quickly become a debt trap of endless interest and repayments. In this episode of the Ask Ralph podcast, host Ralph Estep Jr. explores biblical guidance and smart alternatives that can provide the funds you need without the dangerous debt cycle. He addresses the common problem of not having a financial safety net and shares your frustrations with the risks of personal loans. Tune in to learn proven strategies for true financial stability, find the answers to your money worries, and empower yourself to handle any financial situation confidently. https://www.askralphpodcast.com/ 00:00 Episode Overview 00:55 Show Announcements 01:35 Bible Verse 02:30 Emergency Fund Savior 02:59 Save Your Money 03:22 Budget Buster Buster 04:11 Budgeting Apps 04:31 Side Hustle Hero 04:57 Brainstorm For Sidehustle Ideas 05:22 Family And Friends 05:51Write Everything 06:10 Credit Card Crusader 06:35 Pay The Bill Fully 07:12 Outro

In this episode of the Ask Ralph Podcast, host Ralph Estep Jr. delves into the world of Exchange-Traded Funds (ETFs). He explains what ETFs are, their benefits, and the potential risks involved. Ralph discusses the advantages of diversification and liquidity that ETFs offer, as well as the importance of aligning investments with Christian values. Tune in as Ralph provides practical financial advice and biblical wisdom to help you understand if ETFs are the right investment for your portfolio. https://www.askralphpodcast.com/exchange-traded-funds/ 00:00 Episode Overview 01:16 Recap 01:54 Bible Verse 02:29 What is an ETF? 02:53 Benefits of ETFs 04:07 Risks and Considerations 05:35 Aligning Investments with Christian Values 05:56 Practical Steps for Investing in ETFs 07:22 Recap and Closing 08:10 Outro

In this episode of the Ask Ralph Podcast, host Ralph Estep Jr. dives deep into the world of credit counseling services. Are they a legitimate way to get out of debt, or are they just another scam preying on vulnerable people? Ralph separates fact from fiction, explains how to identify reputable services, and shares real-life stories of both success and failure. He also provides actionable steps to help you make informed decisions about your financial well-being. https://www.askralphpodcast.com/credit-counseling-services/ 00:00 Episode Overview 01:08 Bible Verse 02:15 What Are Credit Counseling Services? 02:54 Difference Between Non-Profit and For-Profit Services 03:39 Common Scams to Watch Out For 04:23 Real-Life Success and Failure Stories 05:40 Actionable Steps for Choosing a Credit Counseling Service 07:11 Recap and Closing 08:42 Outro

In this episode of the Ask Ralph Podcast, host Ralph Estep Jr. dives into a crucial topic for Christians: balancing financial success with biblical generosity. Ralph explores whether it’s possible to enjoy the nicer things in life while maintaining a strong Christian walk and offers practical advice on how to achieve this balance. He discusses key principles such as shifting your perspective on wealth, practicing biblical stewardship, embracing the joy of generosity, and seeking contentment. Tune in as Ralph provides actionable steps and biblical wisdom to help you navigate your financial journey with faith and integrity. https://www.askralphpodcast.com/money-possession-and-generosity/ 00:00 Episode Overview 02:21 Bible Verse 03:37 Shifting Perspective on Wealth 04:13 Practicing Biblical Stewardship 04:43 Embracing the Joy of Generosity 05:08 Seeking Contentment 06:13 Practical Action Steps 07:54 Recap and Closing Prayer 08:54 Outro

In this episode of the Ask Ralph Podcast, host Ralph Estep Jr. and guest David Chudyk, discuss the challenges many entrepreneurs face when it comes to growing their business value. They dive into the difficulties of evaluating a business's true worth, delegating tasks to free up time, and managing client expectations. David emphasizes the importance of systems and processes to remove reliance on the business owner. But how does one implement such changes when worn down by the grind? Tune in to gain insight into increasing business value through strategic planning, asset management, and faith-based principles. Ralph and David leave the entrepreneur with food for thought on elevating their business from a job to an asset. https://www.askralphpodcast.com/ 00:00 Introduction 00:38 Increasing Business Value 02:38 The Hub and Spoke of Business 04:22 Recurring Revenue Strategies 07:11 Empowering Employees 11:14 Relationship Building 14:45 Business Diversification 17:47 Gatekeeping for the Business Owner 20:16 Tax Planning Considerations 22:06 Increasing Business Value Strategically 27:06 Faith in Business 32:59 Final Word 35:33 Outro

In this episode of the Ask Ralph Podcast, host Ralph Estep Jr. discusses the dilemmas of car buying, specifically whether to make a down payment on a new vehicle. He explains the financial and emotional challenges buyers face, such as deciding how much to put down or whether to make a down payment at all. Ralph explores whether stretching your budget for a lower interest rate is wise and considers the risks of a smaller down payment, like potential job loss. He also discusses options like GAP insurance and shopping around for rates, emphasizing the balance between responsible stewardship and peace of mind. Tune in as Ralph provides practical financial advice and biblical wisdom to help you make an informed decision on this important purchase. https://www.askralphpodcast.com/ 00:00 Episode Overview 02:07 Bible Verse 02:45 Down Payment Considerations 03:59 Interest Rates and Loan Terms 05:11 Depreciation and GAP Insurance 07:23 Peace of Mind and Common Questions 08:34 Final Thoughts 09:38 Outro

In this episode of the Ask Ralph Podcast, host Ralph Estep Jr. talks about the temptation to cut corners on taxes. He explains how easy it is to rationalize hiding cash income or overestimating deductions, but warns that even minor tax evasion can have major consequences if the IRS catches you. Ralph explores the most common ways people unintentionally or intentionally cheat on their taxes each year and examines how the IRS actively looks for discrepancies using advanced technology to uncover tax evaders. With penalties including massive fines, prison time, and loss of professional licenses, is it really worth the risk to fudge your tax return to save a few dollars? https://www.askralphpodcast.com/ 00:00 Episode Overview 02:01 Bible Verse 02:40 Common Scenarios of Tax Evasion 03:28 Top Ways People Cheat on Taxes 04:52 Claiming False Deductions 06:41 Barter Transactions as Taxable Income 07:26 Mixing Personal and Business Expenses 08:49 Offshore Accounts and Tax Evasion 09:36 IRS Methods for Detecting Tax Evasion 10:27 Potential Consequences of Tax Evasion 11:54 Coming Clean to the IRS 13:58 Positive Steps to Avoid Tax Cheating 15:43 Final Thoughts 16:39 Outro

When you buy a house, there are a lot of costs that you might not think about. You might have to fix things that break, or your bills might go up and down. In this podcast episode, Ralph Estep Jr. talks about all the money stuff that comes with owning a home. He explains how there are sneaky costs that can surprise you, like having to pay for maintenance, taxes, and insurance. He also gives tips on budgeting for these expenses so you can keep your money safe. Tune in to learn more about how to handle the hidden costs of being a homeowner! https://www.askralphpodcast.com/ 00:00 Episode Overview 00:26 Welcome To Ask To Ralph Podcast And Show Announcements 02:20 Bible Verse 02:56 Maintenance And Repairs 03:59 Property Taxes And Insurance 04:59 Utilities 05:42 Closing Cost 06:38 Unforeseen Repairs And Emergency Fund 07:18 Upgrades And Renovations 07:53 Miscellaneous 08:20 Action Tip#: Research All Costs 08:54 Action Tip#2: Build Up An Emergency Fund 09:11 Action Tip#3: Insurance Rates 09:35 Homeownership Costs 10:00 Episode Recap 10:58 Outro

In this episode of the Ask Ralph Podcast, host Ralph Estep Jr. discusses the crucial role of FDIC insurance in protecting depositors' money in the event of bank failures. He explains that while bank failures are rare, they do occur and can leave depositors vulnerable to losing their savings. However, he reassures listeners that the FDIC was created to maintain stability and public confidence in the banking system, covering deposits up to $250,000 per depositor, per bank. The episode addresses concerns for those with larger balances and online banking, emphasizing the importance of verifying coverage and maintaining records. https://www.askralphpodcast.com/ 00:00 Episode Overview 03:22 Bible Verse 04:18 What is FDIC Insurance and how does it work? 04:48 Bank Failures and the Role of the FDIC 06:16 FDIC Protection for Depositors During Bank Failures 07:16 FDIC Coverage for Online Banks 08:14 Ensuring Coverage for Deposits Over $250,000 09:07 Actionable Steps for FDIC Insurance Coverage 10:28 Final Thoughts 10:47 Outro

Have you ever been enticed by a credit card offer that seemed too good to be true? In this episode of the Ask Ralph Podcast, host Ralph Estep Jr. dives into the world of credit card perks, helping you separate the blessings from the burdens. Discover how to maximize credit card benefits while avoiding the pitfalls that can lead to debt and stress. Learn practical tips to use credit cards wisely, and take control of your financial future. https://www.askralphpodcast.com 00:00 Episode Overview 00:29 Welcome and Show Announcements 01:43 Bible Verse 02:16 The Benefits of Credit Cards 02:34 The Costs and Risks 03:09 Practical Tips for Using Credit Cards Wisely 05:53 Actionable Steps to Master Credit Card Usage 07:04 Recap and Encouragement 07:33 Outro

Does the thought of retirement fill you with excitement or dread? In this episode of the Ask Ralph Podcast, host Ralph Estep Jr. addresses the common fears surrounding retirement and provides actionable steps and spiritual encouragement to face the future with confidence. Learn how to replace fear with faith and take control of your financial future. https://www.askralphpodcast.com/ 00:00 Episode Overview 00:29 Welcome To Tax Talk Thursday And Show Announcements 01:31 Bible Verse 02:28 Fear of Retirement 03:48 Actionable Step #1: Start with Prayer and Gratitude 04:46 Actionable Step #2: Create a Budget and Track Your Spending 05:18 Actionable Step #3: Start Saving Early and Consistently 05:46 Actionable Step #4: Explore Different Retirement Savings Plans 06:14 Actionable Step #5: Consider Part-Time Work or a Side Hustle 06:33 Actionable Step #6: Seek Professional Advice 07:27 Closing Prayer and Encouragement 09:15 Outro

Are you nearing the end of your car lease and unsure about your next steps? In this episode of the Ask Ralph Podcast, host Ralph Estep Jr. explores the three main options available when your car lease ends: turning in the leased car, buying the leased car, or leasing another car. Learn about the pros and cons of each option, tips for making the best decision, and how to ensure you get the best deal. Tune in to gain insights on making a financially sound choice that aligns with your goals. https://www.askralphpodcast.com/ 00:00 Episode Overview 00:16 Welcome and Show Announcements 01:45 Bible Verse 02:19 Introduction to Lease-End Options 02:50 Turning in the Leased Car 03:39 Buying the Leased Car 04:34 Leasing Another Car 05:10 Tips for Making the Best Decision 08:36 Recap 09:50 Outro

Are you having trouble motivating your grown-up children to move out and lead independent lives? As every parent with an adult child living at home understands, it may be quite difficult to find a balance between encouraging and pushing your adult children to become self-sufficient. In this episode of the Ask Ralph Podcast, host Ralph Estep Jr. shares practical strategies for gently launching your maturing children into the real world. Tune in for actionable advice for navigating this delicate transition and helping the next generation start independent lives. https://www.askralphpodcast.com/ 00:00 Episode Overview 00:47 Welcome To Financial Friday And Show Announcements 01:58 Bible Verse 02:48 Tip #1: Set Clear Expectations. 03:35 Tip#2: Charge Rent 03:56 Tip #3: Limit Involvement In Household Duties. 04:26 Tip#4: Don't Redo Their Mistakes 04:53 Tip#5: Encourage More Time Out Of The House 05:22 Tip#6: Make Your Home Less Welcoming 05:53 Tip#7: Stop Giving Money 06:26 Tip#8: Set A Move-Out Deadline 06:55 Tip#9: Help, But Don't Solve 07:22 Tip#10: Show Confidence In Them 07:58 Episode Recap 08:52 Outro