The budget tip of the week explains the value of having organization with store purchase receipts. What is the importance of understanding a retailer's return policy in order to get full credit, a store credit or if you may be outside of the return window where no money is received. Knowing this information can be beneficial to the budget. You can help the environment by using less paper. One way is to take pictures or use apps such as Genius Scan which has security and storage features. They al...
Apr 08, 2021•3 min
Part One: Millennial money around passive income streams, side hustles (gigs) and the F.I.R.E movement. Part two: Millennial budgeting and overall personal finance. There are many stereotypes and myths with this demographic; however, all us have a lot in common. Millennials also stand to inherit the largest amount of wealth - over $68 trillion from their Baby Boomer parents by the year 2030. For the stories of the week: The future shift from meat to plant based products. The story of Mz. Biz who...
Apr 05, 2021•1 hr 3 min
The budget tip of the week explains the value of watching the unit pricing when buying products in the grocery store. If you are willing to purchase similar items that have better values and with more product to consume, it can create more disposable income in the monthly budget. By reducing cost and without additional consumption, that is a winning formula to save more money to control debt.
Apr 01, 2021•3 min
The third round of the stimulus checks are being issued. What it the best way to use the money with your budget. Some people are in dire straits and may use these funds differently than those that have managed the pay the bills. The key goal is to pay down debt especially when it comes to credit cards and if that is in check then this money can be invested. In the roundtable, a bank employee was busted for load apps on customer's phones while reviewing their personal pictures. For the stories of...
Mar 29, 2021•41 min
The budget tip of the week explains why it is crucial to review your credit report and the impact it has on your monthly budget. Performing this exercise ensures that you can monitor hard inquiries, late payments, bankruptcy, collections and any references that may impact your credit score. This ultimately impacts what it will cost you to borrow money when an interest rate is offered from lenders.
Mar 25, 2021•3 min
The review of the hit Netflix show Marriage or Mortgage. They break down the format of the show where the couples are given options for their big decision by from a real estate agent or a wedding planner. Next are budget tips that you can use in the event you are in this life situation. For the stories of the week, they stick to things that have been lost and then found again. One lady lost a ring and found it later at a pawn shop. A man lost his wallet in Antartica in the 1960's and it was late...
Mar 22, 2021•39 min
The budget tip of the week explains why it is crucial to reconcile the monthly budget each month. Performing this exercise ensures that the products and services that you cancelled don't show up the next month. If they aren't removed, you keep paying.
Mar 18, 2021•3 min
In this episode covers relationships and personal finance. When is the right time to talk about your credit cards, your debt, the budget, savings and retirement. Next are tips on how to approach your partner with tough questions as money is commonly sighted as the number reason for divorce. For the story of the week, let's stick to the marriage/divorce theme by discussing the unusual ways that people have died by getting hit by objects including champagne corks at weddings.
Mar 15, 2021•44 min
The budget tips the week provide tips on how save on your gas and electric bill and make a positive impact on your budget.
Mar 11, 2021•3 min
The listener question of the week which is: My wife is leaving her job and she needs a budget update. Does she need have a retirement plan option with a new employer or can she open up a Roth IRA while maxing out her husband's 401(k)? In the topics section: the story of two girls who became friends at work; they had many similarities and eventually realized that they were sisters. Next: stories about people who had foreign objects in their bodies that had to be removed. Biological Sisters https:...
Mar 08, 2021•46 min
The budget tip of the week provide tips on how save on your medical procedures whether you have health insurance or not. By obtaining the medical procedure codes and working with your doctors, they are often willing to lower your budgetary costs.
Mar 04, 2021•4 min
This episode covers the budget and why it is critical to your success for a balanced life. If you don't budget, odds are you will not be able to retire unless you are forced to. Next is the hidden piece in managing the budget by ensuring that every bill is transformed into a fixed amount just the like mortgage and the car payment are. This ensures stability and predictability. In the stories section: why you should change your pillow every two years and why the bed should not be made right after...
Mar 01, 2021•44 min
The budget tip of the week reveals that the cost for owning cars including the payments, gasoline, insurance and maintenance can be the largest collective cost in the monthly budget. Part of this cost is for tires than can be $500 - $1,000 to replace. One solution is to buy quality used tires online and the cost can often be 50% less. https://www.bestusedtires.com/
Feb 25, 2021•3 min
Is it more beneficial to choose the standard deduction or itemize deductions? They also review many of the common deductions that many tax filers qualify for. In addition, the goal is not to receive a tax return; the average refund is $3,000 and this money can be used to pay down debt such as credit cards and car loans or it can be used as an investment that can achieve compound interest throughout the year. Otherwise, the government holds on to this money for one year. For the stories of the we...
Feb 22, 2021•46 min
The budget tip of the week discusses how much money that you save by cutting back on buying coffee from a barista. It is possible that a family of four can spend up to $7,700 per year. Next: how much money can be accumulated by investing the savings and letting the compound interest grow.
Feb 18, 2021•4 min
This episode discuss the details about how to allocate assets in your 401(k), Roth 401(k), 403(b) and 457(b) plans. What are the many types of mutual funds that invest in the stock market including large-cap, mid-cap, small-cap, international funds, value funds, balance funds, bond funds, and money market funds? For the stories of the week, they discuss a Valentine's Day theme. First they cover stats on how much each generation spends as well as the difference between men and women. Next: the st...
Feb 15, 2021•35 min
The budget tip of the week details how to prevent Americans from wasting 40% of the food that they buy. In fact, the average household wastes $3,080 per year and investing that savings can add up to over $300,000 over a 30-year time span.
Feb 11, 2021•3 min
This episode reviews having a 401(k) and Roth 401(k). Why you should have a 401(k), what is the best option, and when should you start saving. In the roundtable: ghosts appear to be knocking items off of stools and the the bar in the basement along with stories around spilling things in public places. For the stories of the week: How a 5th grader cashed in nicely on GameStop stock that was purchased by his mother a few years earlier. Lastly: a slew of interesting topics around the Superbowl and ...
Feb 08, 2021•43 min
The budget tip of the week explains how to account for capital gains and losses from selling stock. Knowing this information has an impact on adjusted gross income (AGI) when filing taxes each year.
Feb 04, 2021•2 min
This episode discusses GameStop’s astronomical rise in their stock price due to the people on Reddit's Wall Street Bets forum colluding together to drive the stock price up and squeeze the short sellers namely, Melvin Capital. Next: how short selling works, why you should be careful with this type of stock betting and what is the aftermath going to be. In the Coronavirus montage: razor blades in the walls and single toilets in basements without a bathroom. Lastly: amazing treasures that people h...
Feb 01, 2021•43 min
The budget tip of the week explains the rule of 72 which determines how long that it takes to double your money based on your desired rate of return. In addition, the benefits of compound interest and how investing adds up over time.
Jan 28, 2021•3 min
This episode discusses why a will is not enough to protect your estate and why a trust in most cases supersedes the will. This way, you can ensure that your investments and your assets are distributed to the people that you intended without conflict. In the roundtable: the lack of exercise and how the Mirror exercise machine can get people back into shape. In the Coronavirus montage: insider information of what happens behind the technology with dating apps from the people who've worked there. Y...
Jan 25, 2021•43 min
The budget tip of the week, covers why hand washing your dishes uses more than four times the energy than many dishwashers. Next: the statistics on how to save on your budget, how to reduce water usage, as well as the positive impact on the environment. Lastly, you save up to 30 minutes a day by following a few simple steps. https://cascadeclean.com/en-us/rethink-the-sink
Jan 21, 2021•3 min
This episode discusses how you may qualify to get employer benefits for items such as sick leave, relocation benefits and namely health insurance. In the roundtable they discuss the picture taken on ghosts over the dining room table as well as objects falling off of shelves by their contractor. In offbeat stories section, Elon Musk mentioned a messaging app that he supports to the media; however, people mistook and it and drove up a penny stock with a similar name to outrageous prices. Next, a T...
Jan 18, 2021•36 min
The budget tip covers the details around how surprisingly expensive candles are and what you can do to prolong the burning life of them to save money.
Jan 14, 2021•3 min
This episode starts off with the roundtable by discussing how scrubby people are looking at the grocery store and how Cindy can cook a simple meal yet make the kitchen look like Thanksgiving just ended. In the financial topic reviews the tiny house movement. People take this path has been on the rise due to the affordability and flexibility. They analyze the finances involved as well as considerations to consider when hiring a contractor and the caveats that come with living in a small space. Fo...
Jan 11, 2021•46 min
The budget tip of the week covers the details around private mortgage insurance or PMI. How it is added to a mortgage, how it is calculated and how to remove it.
Jan 07, 2021•3 min
This episode starts off with the roundtable and discusses a unusual gift that she received for Christmas For main discusses the steps needed to obtain a credit card for your children and with proper management why it can be a great benefit in the adult years of life. In the stories montage discusses the decisions companies are facing with the work-from-home employees. Should they pay the same money for workers based on talent level over their geographical location? In the last story there is a p...
Jan 04, 2021•36 min
The budget tip of the week covers the details around using the money in your flexible spending accounts (FSAs) for medical and dependent care before January 1st.
Dec 30, 2020•3 min
The roundtable discuss the white elephant experience and with analyzation on how funny people sound when they are drunk by playing audio at half speed. The main topic discusses the pending stimulus checks, and they take a question of the week from a listener regarding deferred interest (or 0% credit cards). They have promotional rates but also accrue interest that may be charged back at a later date. For the offbeat stories: the history of the secret Santa’s that have been giving away cash durin...
Dec 28, 2020•32 min
