Find partners
Biz & Tech Podcasts — Collaboration Platform
Menu
Submit Podcast
Five Minute Finance

Five Minute Finance

Hosted by Mike Morton, CFP®, RLP®, ChFC®

BusinessInvestingEducationKidsFamilyParentingInterviews guests
WebsiteRSS feed

Episodes

207

Latest episode

Aug 2026

Language

EN

About the show

Are you super busy with your career, kids, and life? Discover ways to get organized and enjoy a wonderful life! We cover smart strategies for personal finance, investing, and how to enjoy your time and money. Breakthrough the complicated financial landscape with easy-to-understand information that you can actually follow. I discuss how to become wealthy: tips and habits to change in your life to achieve financial freedom. I dive into topics such as savings, investing, education planning, insurance, tax planning, and more. If it's related to financial planning and financial success, you can be sure we'll cover it. I love to discuss listener questions, so please connect and follow me at https://www.linkedin.com/in/mwsmorton

Listen to episodes

60 recent
August 3, 202625 min

The AI Time Trap: It’s Costing You More Than Money

Artificial intelligence is making it easier than ever to do things yourself—but that doesn't always mean you should. Join me and Matt Robison this week as we explore the hidden opportunity cost of AI, why "saving money" can sometimes cost you hours of valuable time, and how to decide which tasks are worth outsourcing versus handling yourself. You'll also learn practical strategies for avoiding AI rabbit holes, evaluating the true value of your time, and using AI as a tool rather than letting it become another item on your ever-growing to-do list.Find out more about Mike at https://www.mortonfinancialadvice.com and connect at https://www.linkedin.com/in/mwsmorton/

July 20, 202627 min

How a Roth IRA for Your Child Could Be the Best Financial Gift You Ever Give

A child's first summer job can become far more valuable than a paycheck when paired with a Roth IRA. Join us this week to learn who qualifies, how custodial Roth IRAs work, contribution limits for 2026, why parents can fund the account even if kids spend their earnings, and how decades of tax-free compounding can turn relatively small contributions into life-changing retirement savings. It also covers documentation requirements, options for younger children, and practical ways to use the account as a financial education tool.Find out more about Mike at https://www.mortonfinancialadvice.com and connect at https://www.linkedin.com/in/mwsmorton/

July 6, 202627 min

How Do Wealthy People Avoid Taxes and Can You Do It, Too?

The wealthy don't avoid taxes because they have secret tricks—they operate under a completely different financial framework built around ownership rather than income. Would the "Buy, Borrow, Die" strategy work for you? No, probably not. Learn why most people can't replicate it, and the practical lessons everyday investors can apply to build wealth more tax-efficiently. Shifting from earning to owning can change your long-term financial trajectory, join me and Matt to learn how!Find out more about Mike at https://www.mortonfinancialadvice.com and connect at https://www.linkedin.com/in/mwsmorton/

June 22, 202628 min

Maximizing Your Social Security: Is Waiting Worth It?

Delaying Social Security is often one of the most valuable retirement decisions you can make. Want to learn why Social Security should be viewed as longevity insurance rather than a savings account? This episode is for you. Matt and I will also discuss how delaying benefits increases guaranteed income, why break-even calculations can be misleading, and the often-overlooked psychological benefits of guaranteed retirement income. We’ll cover situations where claiming earlier may make sense and offer a practical framework for making a retirement decision that balances both financial optimization and peace of mind.Find out more about Mike at https://www.mortonfinancialadvice.com and connect at https://www.linkedin.com/in/mwsmorton/

June 8, 202624 min

You Don’t Need A Side Hustle → You Need a Better Strategy

Most people don’t need another side hustle; they need a smarter framework for building financial flexibility. This week, Matt and I explore the difference between true passive income and expensive distractions, including equity compensation, rental real estate, angel investing, and the hidden cost of time and energy.Find out more about Mike at https://www.mortonfinancialadvice.com and connect at https://www.linkedin.com/in/mwsmorton/

June 1, 202610 min

AI Was Supposed to Save Time. Why Doesn’t It Feel Like It?

AI promises efficiency, but what if the real effect is simply raising expectations rather than freeing time? Join Matt and I for this first ever BONUS Five Minute Finance that riffs off our latest episode about AI. Why do productivity gains often disappear? How does convenience change our standards? Where does AI help versus where could it be quietly weakening creativity, judgment, and long-term skill development?Find out more about Mike at https://www.mortonfinancialadvice.com and connect at https://www.linkedin.com/in/mwsmorton/

May 25, 202626 min

AI Assistant ≠ AI Advisor - Use AI for What it is Good at and Leave the Rest to Humans

AI is changing how people approach personal finance, but the smartest use isn’t asking it to make decisions; it’s using it to surface ideas, explain strategies, and help you ask better questions faster. Join Matt and me this week as we discuss where AI genuinely adds value, where it can confidently lead you astray, and why human judgment still matters most when real money is on the line.Find out more about Mike at https://www.mortonfinancialadvice.com and connect at https://www.linkedin.com/in/mwsmorton/

May 11, 202630 min

The Real Lesson After 200 Conversations About Money

After 200 episodes, the biggest financial lesson is that success comes from structure—not complexity. Mike Morton and Matt Robison look back on the top ten most popular episodes in the past five years and revisit the things that matter most to you: taxes, optimization, family and legacy, and the emotional side of money.Top Ten Most Listened to Episodes of Five Minute Finance:Masterclass: EFT vs. Mutual Funds Part 1; Part 2How to use your After Tax 401k Contributions Clean Backdoor RothRoth IRA for MinorsTraditional 401k vs. Roth 401k: Which is truly better?Permission to SpendHow to maximize employee benefitsTraditional or Roth: Choose the right 401kTop Five Brilliant Money HacksHSA’s: Healthy Retirement SavingsFind out more about Mike at https://www.mortonfinancialadvice.com and connect at https://www.linkedin.com/in/mwsmorton/

April 27, 202629 min

Tax Planning vs. Tax Preparation - They Are NOT the Same Thing

Most people think doing their taxes correctly is enough—but the real opportunity lies in planning ahead. Join CFP® Mike Morton and Matt Robison as they break down the critical difference between tax preparation and tax strategy, showing how high earners can reduce surprise tax bills by understanding their marginal tax rate, coordinating multiple income sources, and making smarter year-round decisions.Find out more about Mike at https://www.mortonfinancialadvice.com and connect at https://www.linkedin.com/in/mwsmorton/

April 13, 202627 min

Why High Earners Still Feel Broke (And How to Fix It Without Cutting Everything)

High earners often feel like they’re living paycheck to paycheck, but the real issue isn’t income—it’s visibility and alignment. As earnings increase, so do expenses and expectations, while savings happen quietly in the background, making progress feel invisible. Join Matt Robison and Mike Morton as they break down why this happens, how to tell if it’s actually a problem, and what to do to ensure your spending, saving, and lifestyle are working together—not against you.Find out more about Mike at https://www.mortonfinancialadvice.com and connect at https://www.linkedin.com/in/mwsmorton/

Is this your show?

Claim this listing to keep it up to date, reach guests who want to pitch you, and manage bookings with Guestify.

Claim this listing

More Business podcasts

One moment, please...

BusinessInvesting

One moment, please...

Business

Shipping Master Series

Investing

Swallow Your Pride Podcast

BusinessCareersInterviews guests

One moment, please...

Business

One moment, please...

Business