The Financial Flipside Podcast
Photo via on Pexels Although , the Great Resignation is still going strong: as of the beginning of June 2022, Americans , and data from the a global survey by Price Waterhouse Coopers found that up to . Further, the Great Resignation is , which have long been believed to be more stable (however far that belief is from the reality of most of the sector’s workers). With all that in mind, we are back with the second half of our Great Resignation episode. This time around we’re talking about factors that influence quitting, lying flat, labor costs, worker-management relations,...
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Odds are, you know someone who has moved on from their job recently, whether a co-worker, family member, or friend. Maybe you’ve made a similar transition yourself. If so, you may be part of the Great Resignation, a socio-cultural phenomenon that is baffling researchers and reporters, and which is causing no small degree of anxiety among employers. As we explore in this episode, the reasons that people are leaving their jobs are complex and really get to the heart of why we work in the first place. Also in this episode: life updates, an inside view of what happens when accountants fire...
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This episode, we’re talking about the tax gap, that is the yawning void between how much tax is owed and how much tax gets paid to the IRS. Where does the tax gap come from (hint: not always where you think)? Why are some people so reluctant to pay their fair share, despite having more than enough money to do so? We also take a detour into dynastic wealth, moral millionaires, and what money does to our brains.
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Infrastructure touches every aspect of our lives, from the roads we drive on to the water we drink to the electricity powering the laptop I’m using to type these show notes. If part of our country’s (or city’s or state’s) infrastructure falls apart, we often end up paying for it in ways both big and small. Infrastructure projects are also really expensive, making them sites of debate about who pays and what's worth paying for.
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On this episode of the podcast, we’re talking about scarcity, both the economic concept and how it plays out in our daily lives. Along the way, we’ll discuss sneaker drops, free markets, living wages, human nature, and moments when instinct takes over. We also dedicate our Flipping the News segment to examining the financial aftermath of the January 6 insurrection at the US Capitol.
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A quick note: This episode was recorded on October 31, 2020, before Election Day or any of the subsequent events surrounding the results or the transition process.
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Your hosts take look at the history of reparations in the US, examine some of the past and present barriers to reparations for slavery, and discuss what a national reparations program might look like in our current moment.
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We’re back, and we’ve come bearing gifts in the form of retooled format (including a new segment!). Join us as we recap a weird tax season, take a look at the storylines that emerged after the Treasury Department finally released data about who received PPP loans, and wrap up our discussion of economic indicators with a deep dive into the stock market.
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Though it may be hard to believe, the US economy isn't officially in a recession. In this episode we talk about why that is, what economic indicators tell us about the economy, and what they sometimes leave out. Plus, we discuss some tips for weathering an economic downturn, recession declaration or no.
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After some time off, a move (L), and a partial pivot to video (J), the Financial Flipside Podcast is back! For our first episode of 2020, we thought it would be a good idea to talk about a goal that heads up so many of our lists of New Year’s resolutions: getting organized. Specifically, we’re talking about business systems, those combinations of processes, workflows, and tools that we use to do everything from monitoring cash flow to training employees to literally keeping the lights on.
info_outlineAfter some time off, a move (L), and a partial pivot to video (J), the Financial Flipside Podcast is back!For our first episode of 2020, we thought it would be a good idea to talk about a goal that heads up so many of our lists of New Year’s resolutions: getting organized. Specifically, we’re talking about business systems, those combinations of processes, workflows, and tools that we use to do everything from monitoring cash flow to training employees to literally keeping the lights on. Listen in for a discussion of our adventures in systematizing, processes vs. workflows, app addiction, and establishing good working relationships between systems and tech. Oh, and we also shout out some of the tools that help us save time and effort at work.
As always, we want to hear from you: What has your experience with creating systems been like? If you find yourself in a perpetual state of “getting organized,” what are some of the barriers keeping you from taking the next step? If you’ve managed to implement and stick with a set of systems, let us know your secrets: are there tools or methods that have worked particularly well for you? We’re @financeflipside on all social media. Also, if you haven’t done so already, we hope you’ll subscribe —we’re on Apple Podcasts, Spotify, Stitcher, Google Play, or anywhere else you get your podcasts! To catch up on back episodes of the podcast, head over to our website.
Finally, if you’re looking to a place to engage in some post- or between- show #RealMoneyTalk, join us in our Facebook Group, the Financial Flipside Group chat. It’s a closed group to allow us to speak freely, but you can find it by searching on Facebook and join by answering a couple of quick questions. You can also contact us via Messenger.
Mentioned on the show:
The term tech stack comes from software development, and refers to the coding frameworks or programming languages used to build an app or website Our hunger for snappy jargon and tendency to use tech as a benchmark for other industries being what it is, there are now more than 4 million search results for “tech stack” that don’t mention programming at all, and advice about constructing tech stacks for marketing, human resources, and launching a startup.
Why companies of all sizes need project management.
The 6 biggest benefits of using a CRM in your business
This article from Harvard Business Review explains why it’s a good idea to write down your company’s unwritten rules.
From Tallyfy: What is the difference between a process and a workflow?
Business Mapping’s list of 12 key business systems.
Recommended Reading:
The Process Street Blog (full disclosure: we use Process Street, but we’re not being compensated for saying nice things about their blog. We just find it useful and hope you do as well). If you’re looking for checklists and templates that can help you create and manage processes in various parts of your business, look no further than the Process Street Blog. Process Street is a process management software service, and their blog consistently publishes well-researched articles about every aspect of organizing your business, from the benefits of employee task lists to implementing Six Sigma principles or creating a Knowledge Management System to support your customers and preserve institutional knowledge.
Systems Rock! is run by Natasha Vorompiova, a consultant who helps businesses build systems that scale as they do. A lot of helpful tips and resources here, especially for companies that are going through a growth spurt. This post, about why the best systems come from within your business, is a personal favorite--L.
The Emyth Blog, particularly their six-part series on developing business systems.