Money Talks News
Investing in Gold and Gold IRAs
- Title
- Investing in Gold and Gold IRAs
- Runtime
- 36:20
- Date posted
- 2 years ago
- Description
- In this episode, we're talking about the Midas metal.
Gold has long been known as a store of value and a hedge against both inflation and global uncertainty. This is why it's also a part of many well-diversified savings strategies, including retirement accounts.
Yes, you can actually hold gold in your IRA (https://www.moneytalksnews.com/investing-in-gold-and-gold-iras-5-things-you-need-to-know/) —as long as you follow the rules. But should you own gold at all? And if so, is it appropriate for retirement account investing? Let's find out.
In this week's podcast, host Stacy Johnson (https://www.moneytalksnews.com/author/stacy/) is joined by financial journalist Miranda Marquit (https://www.moneytalksnews.com/author/mirandamarquit/) . Listening in and sometimes contributing is producer Aaron Freeman (https://www.moneytalksnews.com/author/aaronfreeman/) . This week, we have a special guest, Devlyn Steele from Augusta Pre...
- Title
- My Retirement Savings Are Shrinking
- Runtime
- 35:22
- Date posted
- 2 years ago
- Description
- In this episode, we're tackling a real-life retirement situation. Maybe you've experienced it yourself. You open your statement, and there it is: a shrinking balance.
Maybe it's because the stock market has fallen. Or interest rates have risen, and your bond fund is losing ground.
Either way, what happens when you feel like you're losing a huge chunk of your nest egg? What can you do? Just sit there? Move things around? Sell everything?
Host Stacy Johnson (https://www.moneytalksnews.com/author/stacy/) is joined by financial journalist Miranda Marquit (https://www.moneytalksnews.com/author/mirandamarquit/) . Listening in and sometimes contributing is producer Aaron Freeman (https://www.moneytalksnews.com/author/aaronfreeman/) . This episode also includes Pam Krueger, CEO of WealthRamp (https://wealthramp.com/) , along with financial advisor David Frisch of Frisch Financial Group, to help us sort out this real-life conund...
- Title
- Managing Debt When Interest Rates Are Rising
- Runtime
- 37:06
- Date posted
- 2 years ago
- Description
- In this episode we're talking about the dangers of debt in a rising rate environment, and how to deal with it.
The Federal Reserve has now raised interest rates nine times in the last year.
The idea of higher rates is to put the brakes on the economy in order to slow inflation. All good, until someone gets hurt. And who gets hurt by higher rates? Consumers who need to borrow, that's who.
Higher rates mean higher credit card interest, car loan interest, personal loan interest and mortgage interest. And for many folks, that's a big deal. In fact, higher rates can price people out of a purchase entirely. It also means higher minimums and more difficulty paying down debt.
So let's talk about what you can do to ease the pain.
Host Stacy Johnson (https://www.moneytalksnews.com/author/stacy/) is joined by financial journalist Miranda Marquit (https://www.moneytalksnews.com/author/mirand...
- Title
- How To Balance Taking Care Of Your Long And Short-Term Goals
- Runtime
- 28:19
- Date posted
- 2 years ago
- Description
- You probably have long-term money goals: You know, the money you're saving for something that's years, even decades away, like retirement savings. But you also want money for things that are just weeks or months away, like creating an emergency fund or saving for a vacation.
The trick is finding the right balance, so you can hit both your short and long-term targets.
And that's what we're going to talk about today. Because I want you to be able to have what you want now and what you need later.
Host Stacy Johnson (https://www.moneytalksnews.com/author/stacy/) is joined by financial journalist Miranda Marquit (https://www.moneytalksnews.com/author/mirandamarquit/) . Listening in and sometimes contributing is producer Aaron Freeman (https://www.moneytalksnews.com/author/aaronfreeman/) . Our special guest today is Alissa Maizes, the founder of Amplify My Wealth (https://amplifymywealth.com/) , a registered investment advi...
- Title
- 5 Tips On Getting Richer by Organizing Your Finances
- Runtime
- 29:56
- Date posted
- 2 years ago
- Description
- In this episode of the Money Talks News podcast, we're talking about how organizing your money can make you richer and how to get there with the least possible pain.
This will probably come as no surprise, but according to a recent survey, only 23% of Americans have a formal financial plan (https://www.riaintel.com/article/2aucrzsa72lr93ymbe7eo/wealth-management/most-americans-have-no-financial-plan-the-ones-who-do-praise-the-benefits) . And you can probably guess why: 76 percent of those without a plan say they feel overwhelmed by the thought of creating one and 56 percent say their life is too uncertain for a plan to have any value.
That's a bummer because having a plan for your money can lead directly to having more money. And as we like to say around here, more money is better.
That's why this week's guest is going to help us get our money ducks in a row.
Host Stacy Johnson (https://www.moneytalksn...
- Title
- How to Protect Your Kids Credit
- Runtime
- 31:59
- Date posted
- 2 years ago
- Description
- In this episode, we're talking about protecting your kid's identity and building their credit.
You might be surprised to learn that 1 in 50 children is affected by child identity fraud (https://www.google.com/url?q=https://www.ngpf.org/blog/question-of-the-day/question-of-the-day-what-percent-of-minors-under-18-years-of-age-have-had-their-identity-stolen/&sa=D&source=calendar&usd=2&usg=AOvVaw26YEiunp3t0rcMA09XDvd2) , costing consumers nearly $1 billion per year. So, how do you make sure your child isn't the one whose identity is stolen? Glad you asked, because that's the question we're going to answer today.
Host Stacy Johnson (https://www.moneytalksnews.com/author/stacy/) is joined by financial journalist Miranda Marquit (https://www.moneytalksnews.com/author/mirandamarquit/) . Listening in and sometimes contributing is producer Aaron Freeman (https://www.moneytalksnews.com/author/aaronfreeman/) . And today's guest is Erik Beguin, found...
- Title
- How and Why You Should Use a Roth Retirement Account
- Runtime
- 29:52
- Date posted
- 2 years ago
- Description
- Are you familiar with Roth IRAs? If you're not, you should be, because Roth IRAs are a great way to get tax-free income after you retire.
There is a potential fly in the ointment, however. Namely, not everyone qualifies for a Roth. If you make too much money, Uncle Sam says you can't use em. But there's a way around that rule: Fund a regular retirement account, then roll it over to a Roth. It's called a backdoor Roth. Sounds sneaky, right? Should you do it? And if so, how do you go about it?
Let's find out. In this podcast episode, we're talking about how to convert an IRA to a Roth IRA without getting eaten alive by income taxes. In addition, we'll be talking about nearly every facet of Roth accounts and why they should be an integral part of every retirement strategy.
Host Stacy Johnson (https://www.moneytalksnews.com/author/stacy/) is joined by financial journalist Miranda Marquit (https://www.moneytalksnews.com/auth...
- Title
- 5 Fast Ways to Turbocharge Your Retirement Savings
- Runtime
- 32:59
- Date posted
- 2 years ago
- Description
- Today’s podcast is a replay of a popular show we did a few months back. So if you didn’t hear it the first time, or want to hear it again, now’s your chance. Thanks for listening to Money Talks News…the podcast!
Let's start with a question: Do you have enough in your retirement account? According to a recent report from Vanguard (https://institutional.vanguard.com/content/dam/inst/vanguard-has/insights-pdfs/22_TL_HAS_FullReport_2022.pdf) , the average American has around $140,000 saved for retirement. For those 65 and older, that average balance is about twice that, or $280,000.
Sounds like a lot, right? But for many people, even with Social Security, it's not going to be enough.
If that's you, let's fix it. In this podcast, we help you create a plan to beef up those retirement savings.
As usual, host Stacy Johnson (https://www.moneytalksnews.com/author/stacy/) is joined by financial journali...
- Title
- How to Leave a Financial Legacy of Generational Wealth
- Runtime
- 30:12
- Date posted
- 2 years ago
- Description
- In this episode, we're talking about growing generational wealth: in other words, leaving money to your heirs.
According to the Census Bureau (https://www.census.gov/library/stories/2022/08/wealth-inequality-by-household-type.html) , baby boomers are nearly 9 times wealthier than their kids, the millennials. Which means as baby boomers, like me, die off, there's going to be one of the biggest wealth transfers in history.
Want to create the kind of wealth you can pass down to the next generation—and maybe the generation after that? Then you're in the right place. Because today we're all about legacy-building.
Host Stacy Johnson (https://www.moneytalksnews.com/author/stacy/) is joined by financial journalist Miranda Marquit (https://www.moneytalksnews.com/author/mirandamarquit/) . Listening in and sometimes contributing is producer Aaron Freeman (https://www.moneytalksnews.com/author/aaronfreeman/) . This week's guest ...
- Title
- Retirement, Real Estate and I-Bonds: We answer your questions
- Runtime
- 46:39
- Date posted
- 2 years ago
- Description
- Today’s podcast is a replay of a popular show we did a few months back. So if you didn’t hear it the first time, or want to hear it again, now’s your chance. Thanks for listening to Money Talks News…the podcast!
Stacy's been offering money guidance for 41 years: 10 as a financial adviser and 31 as a personal finance reporter. Miranda's been writing and podcasting about money since 2005. But they still learn more every day.
We hope you want to learn new things, too! And that's why we periodically answer your questions: the ones you send to us at hello@moneytalksnews.com.
Today, we've got some great questions on topics like retirement and annuities, I bonds, real estate and the best time to buy a TV.
As usual, host Stacy Johnson (https://www.moneytalksnews.com/author/stacy/) is joined by financial journalist Miranda Marquit (https://www.moneytalksnews.com/author/mirandamarquit/) . Listening in...
- Title
- 5 Tips to Reduce Your Retirement Anxiety
- Runtime
- 32:56
- Date posted
- 2 years ago
- Description
- In this episode, we're talking about dealing with retirement anxiety.
According to a recent Gallup survey (https://news.gallup.com/poll/506330/americans-outlook-retirement-worsened.aspx) , 60% of people approaching retirement think they're not going to have enough money, even when they probably do.
Who wouldn't feel anxious? What if Social Security goes away? What about inflation, rising rates, falling stocks, recessions and ballooning health care costs? Anything could turn your dream retirement into a nightmare.
So today we're going to talk about dealing with the fear of not having enough. Because even if you can't increase your money, you can always increase your confidence.
Host Stacy Johnson (https://www.moneytalksnews.com/author/stacy/) is joined by financial journalist Miranda Marquit (https://www.moneytalksnews.com/author/mirandamarquit/) . Listening in and sometimes contributing is producer...
- Title
- How to Raise Your Credit Score Without Getting Ripped Off
- Runtime
- 37:49
- Date posted
- 2 years ago
- Description
- In this episode, we're talking about credit repair.
Your credit matters. A lot. Nearly every financial transaction involves your credit: getting an apartment, buying a house, getting cell service…how much you pay for car insurance…sometimes even getting a job. And your credit can determine not just whether you can get various services, but how much you'll pay for them.
So, what happens if you have crappy credit? You might turn to a credit repair company, but this is an area rife with rip-offs. There are more than 40,000 credit repair companies (https://moneyzine.com/personal-finance-resources/credit-repair-statistics/) in the United States and it's not easy to tell the good guys from the bad guys. And believe me…there are plenty of bad guys out there.
So today we're going to talk about how to fix your credit yourself, or if you need help, how to find it.
Host Stacy Johnson (https://www.moneytalk...
- Title
- Medicare Enrollment Is Coming: 5 Things You Need to Know
- Runtime
- 39:00
- Date posted
- 2 years ago
- Description
- If you're one of the millions of Americans eligible for Medicare, you're likely familiar with open enrollment. That's the stretch from Oct. 15 to Dec. 7 every year when you're allowed to make changes to your coverage. And for most people, that's the only time you can.
In order to get the best Medicare coverage for your personal situation, you need to understand your options. And that's exactly what we're going to go over in today's podcast.
Host Stacy Johnson (https://www.moneytalksnews.com/author/stacy/) is joined by financial journalist Miranda Marquit (https://www.moneytalksnews.com/author/mirandamarquit/) . Listening in and sometimes contributing is producer Aaron Freeman (https://www.moneytalksnews.com/author/aaronfreeman/) . Hollie Cohen, a Licensed Medicare Specialist with Preferred Health Group (https://www.medigapcares.org/) is here to help us navigate the ins and outs of Medicare open enrollment.
Before we s...
- Title
- Listening to Money Morons: Dave Ramsey
- Runtime
- 45:02
- Date posted
- 2 years ago
- Description
- Dave Ramsey has long been considered "the man" when it comes to financial advice—especially if you want to get out of debt.
In recent years, though, controversy has dogged Dave's heels. He had to settle a discrimination lawsuit (https://www.tennessean.com/story/news/religion/2022/06/23/dave-ramseys-company-settles-lawsuit-alleging-lgbtq-discrimination/7697697001/) for his employment practices, and he's facing a $150 million lawsuit from disgruntled followers (https://www.cbsnews.com/news/dave-ramsey-getting-sued-150-million-lawsuit-timeshare-exit/) who took his advice to use a company now being investigated for fraud.
So, should you listen to Dave Ramsey? Let's discuss what Ramsey does right, what he does wrong, and whether you should follow his advice at all.
Host Stacy Johnson (https://www.moneytalksnews.com/author/stacy/) is joined by financial journalist Miranda Marquit (https://www.moneytalksnews.com/author/mir...
- Title
- Got Parent PLUS Loans? Prepare for the Coming Cliff
- Runtime
- 37:29
- Date posted
- 2 years ago
- Description
- In this episode, we're talking about how parents help finance their kid's education. Specifically, we're going to discuss Parent PLUS loans and how they impact millions of Americans hoping to retire.
Americans above the age of 60 are drowning in student loan debt, both their own and that of their kids.
The number of people over the age of 60 who have student loan debt has sextupled since 2004, now at $125 billion.
Part of that debt is made of Parent PLUS loans: loans taken out by parents to help students. 3.7 million people of varying ages owe $108.5 billion in Parent PLUS debt.
If you're one of those parents, there's stuff you need to know. Because some options you now have to deal with PLUS loans will soon be going away. It's so serious, it's being called the PLUS loan cliff.
Sounds ominous!
Host Stacy Johnson is joined by financial journalist Miranda Marquit....
- Title
- 5 Simple Tips To Make Money With Stocks - MTN Rewind
- Runtime
- 38:02
- Date posted
- 2 years ago
- Description
- Today’s podcast is a replay of a popular show we did a few months back. So if you didn’t hear it the first time, or want to hear it again, now’s your chance. Thanks for listening to Money Talks News…the podcast!
If you're an avid investor…or even if you're not…at one time or another you've probably considered investing in individual stocks. I've been doing it for 40 years, and over that time have made well over a million dollars investing in the stocks of individual companies.
But stock picking isn't for everyone, and it comes with risks. Even the best stock pickers periodically lose money. The trick is to learn a few rules that will increase your odds.
And that's what we're going to talk about today.
Stacy Johnson (https://www.moneytalksnews.com/author/stacy/) and financial journalist Miranda Marquit (https://www.moneytalksnews.com/author/mirandamarquit/) are joined by producer and nov...
- Title
- Mind Over Money: How Thoughts Create Wealth
- Runtime
- 43:24
- Date posted
- 2 years ago
- Description
- In this podcast episode, we're talking about how the way you think can make you richer…or poorer.
We've all heard the stories: people win the lottery, then lose it all. Or a millionaire who loses everything and then rebuilds their fortune seemingly overnight.
These examples illustrate that financial success isn't just determined by your income and expenses, just like success as an athlete isn't all about talent. A significant part of winning, physical or financial, comes from things like your attitude and beliefs.
So today, we will talk about how you can flip your mental script to unleash your potential.
Host Stacy Johnson (https://www.moneytalksnews.com/author/stacy/) is joined by financial journalist Miranda Marquit (https://www.moneytalksnews.com/author/mirandamarquit/) . Listening in and sometimes contributing is producer Aaron Freeman (https://www.moneytalksnews.com/author/aaronfreeman/) . O...
- Title
- Investing in Gold and Gold IRAs: 5 Things You Need to Know
- Runtime
- 36:52
- Date posted
- 3 years ago
- Description
- In this episode, we're talking about the Midas metal.
Gold has long been known as a store of value and a hedge against both inflation and global uncertainty. This is why it's also a part of many well-diversified savings strategies, including retirement accounts.
Yes, you can actually hold gold in your IRA—as long as you follow the rules. But should you own gold at all? And if so, is it appropriate for retirement account investing? Let's find out.
In this week's podcast, host Stacy Johnson is joined by financial journalist Miranda Marquit. Listening in and sometimes contributing is producer Aaron Freeman. This week, we have a special guest, Devlyn Steele from Augusta Precious Metals, here to talk about everything gold related, including how to set up a Gold IRA.
See What Augusta Can Do for You:
https://www.moneytalksnews.com/investing-in-gold-and-gold-iras-5-things-you-need-to-know/
Before we start, you ...
- Title
- What a Pole Dancer Can Teach Us About Managing a Variable Income
- Runtime
- 40:08
- Date posted
- 3 years ago
- Description
- If you’re on a steady salary, creating a spending plan is straightforward, because you know both what’s coming in and what’s going out every month. ****
But what if you don’t have a stable salary? What if you’re one of the millions of Americans who do side work or own a business or get paid commission? For you, a variable income is just part of the deal.
Then there are people who depend on tips, like bartenders, Uber drivers, servers: you name it. Even freelancers and gig economy workers can have difficulty budgeting and managing their money, thanks to a variable income.
Today, we’re going to tackle the subject of a stable budget with an unstable income.
I’m Stacy Johnson. As usual, my co-host will be financial journalist Miranda Marquit
(https://www.moneytalksnews.com/author/mirandamarquit/).
Listening in and sometimes contributing is producer and novice investor Aaron Freeman
(https://www.money...
- Title
- Debt Consolidation vs. Debt Settlement: 5 Things You Need to Know
- Runtime
- 33:34
- Date posted
- 3 years ago
- Description
- So let me ask you: Got debt? If so, you're not alone. According to the Consumer Financial Protection Bureau, 28% of consumers have an account in collections. Think about that. More than one if four of us are getting hounded on a past-due bill!
Maybe you're not to that point yet, but you can probably relate to the feeling of the bills piling up. Or maybe you're wondering how you'll pay off your part of the more than $1.7 trillion in student loan debt.
Bottom line? Getting out from under debt can be daunting. Like marriage or car leases, debt's a lot easier to get into than to get out of.
So this week we're going to look at different solutions to destroy that debt.
In this week's podcast, host Stacy Johnson is joined by financial journalist Miranda Marquit. Listening in and sometimes contributing is producer Aaron Freeman. We have two special guests this week, Natalia Brown and Jeff Biesman from National Debt Relief. They'll walk us ...
- Title
- Overcoming Financial Infidelity: 5 Things You Should Know
- Runtime
- 36:05
- Date posted
- 3 years ago
- Description
- About 30% of people have experienced financial infidelity: things like:
Keeping purchases secret: 31.4%.
Hiding debts or accounts: 28.7%.
Lying about income: 22.6%.
Draining money from savings: 10.4%.
Lending money without consent: 6.9%.
All bad stuff, right? Even worse, financial infidelity can be a sign of other relationship issues.
So, how do you avoid this stuff…or if you're already doing it, how do you stop?
Let's find out.
In this week's podcast, host Stacy Johnson is joined by financial journalist Miranda Marquit. Listening in and sometimes contributing is producer Aaron Freeman. This week's guest is Tarra Jackson, Madam Money. She will help us learn how to set better money goals with our partners so we can stop that financial cheating.
Be aware that anything you hear on this podcast doesn't constitute financial advice. Always do your own research and consult your own exper...
- Title
- Save Big or Lose Out: How the Secure Act Could Make or Break Your Retirement Savings
- Runtime
- 36:38
- Date posted
- 3 years ago
- Description
- #podcast #secureact #secureact2 #retirement #rothira
Are you familiar with it the SECURE Act, and its update, SECURE 2.0? If you're not, maybe you should be. It was recently signed into law, and while it may sound boring, as we're about to explain, there are provisions in this bill that could make you richer. So, let's take a minute and see what's in this thing.
In this week's podcast, host Stacy Johnson is joined by financial journalist Miranda Marquit. Listening in and sometimes contributing is producer Aaron Freeman. This week's guest is Ed Slott, the founder of IRAhelp.com. Ed is one of the top retirement planning experts in the country. He's poured over the contents of this bill and is ready to help us understand the key provisions.
»»» IRAhelp
http://irahelp.com/
Remember, anything you hear on this podcast doesn't constitute financial advice. Always do your own research and consult your own experts before acting on ...
- Title
- How to Create a Budget You Love: 5 Things You Need to Know
- Runtime
- 32:35
- Date posted
- 3 years ago
- Description
- #podcast #financialfreedom #debtfree #budget
According to at least one survey, as many as 80% of Americans prepare a budget.
Even if you don't believe that statistic, it's probably safe to say that 80% of Americans have at least thought about having a budget. So, why don't they actually do it? You probably already know the answer: Because budgets are hard to stick to.
And why is so hard to stick to a spending plan? Because they feel so restrictive! Who wants to go on a dollar diet? Nobody.
How do we fix this? How do we convert from budget hater to budget lover?
Let's find out.
In this week's podcast, host Stacy Johnson is joined by financial journalist Miranda Marquit. Listening in and sometimes contributing is producer Aaron Freeman. This week, money and happiness guru Jason Vitug returns to talk about how you can learn to love budgeting. Jason has a new book out, Happy Money Happy Life, and he's ready t...
- Title
- Did Your Retirement Nest Egg Shrink Last Year? 5 Things to Do Now
- Runtime
- 36:00
- Date posted
- 3 years ago
- Description
- Last year was terrible for stocks, with the Dow, S&P and tech-heavy Nasdaq all posting double-digit losses. And that showed up in retirement accounts.
According to Fidelity, In the third quarter of 2022, 401(k) balances were 23 percent lower than the year before.
That’s a lot of loss.
This makes for stressful savers, especially those nearing retirement. So, what’s an investor to do?
Let’s find out.
In this week’s podcast, host Stacy Johnson is joined by financial journalist Miranda Marquit. Listening in and sometimes contributing is producer Aaron Freeman. This week, we’re joined by Robert Gilliland, the managing director and senior wealth advisor with Concenture Wealth Management. He’s going to help us navigate our retirement accounts during a bear market.
https://www.concenturewealth.com/our_team
»»» Subscribe to Money Talks News here to watch more videos: https://www.moneytalksn...
- Title
- 5 Powerful Mental Wealth Insights
- Runtime
- 32:55
- Date posted
- 3 years ago
- Description
- We've all heard the dismal statistics. Most people who set New Year's resolutions abandon them by February. What gives? Why is it so hard to follow through on our goals? And most important: What can we do to succeed?
Let's find out.
In this week's podcast, host Stacy Johnson is joined by financial journalist Miranda Marquit. Listening in and sometimes contributing is producer Aaron Freeman. This week's special guest is Dr. Brad Klontz, psychologist, professor and Managing Principal of Your Mental Wealth.
https://www.bradklontz.com/
Brad's is going to help us understand why we sometimes get in our own way when it comes to money and building financial health.
Show website with links:
https://www.moneytalksnews.com/5-powerful-mental-tips-to-accomplish-your-goals/
»»» Subscribe to Money Talks News here to watch more videos: https://www.moneytalksnews.com/youtube-subscribe
»»» Connect with us ...
- Title
- Side Hustle Success: Financial Freedom from Lipstick and Bras
- Runtime
- 33:01
- Date posted
- 3 years ago
- Description
- Side hustles are increasingly a part of life, even if you're just trying to survive.
In 2022, 45% of Americans said they had a side hustle, with an average monthly income of $483. While that might not seem like much, it's possible to use your side hustle as the basis for building financial freedom.
In this podcast, we're going to meet someone who did just that.
As usual, host Stacy Johnson is joined by financial journalist Miranda Marquit. Listening in and sometimes contributing is producer Aaron Freeman. Today's guest is Tom Brickman, aka The Frugal Gay. He sold lipstick, bras and other stuff on eBay, used the money to buy rental properties, and retired from his traditional job at age 39. He's going to tell us how he did it—and how you can use a side hustle to boost your own future financial prospects.
»»» Show webpage with links:
https://www.moneytalksnews.com/side-hustle-success-financial-freedom-from-lipstick-and-br...
- Title
- 5 Things You Need To Know About Paying Off Debts
- Runtime
- 38:53
- Date posted
- 3 years ago
- Description
- Well, here we are: a brand new year!
Chances are, you're one of the 81% of Americans with a financial new year's resolution. The most common financial resolution this year? Like many other years, it's paying off debt.
But how do you make it happen? Obviously, with a plan. So, let's make one!
As usual, host Stacy Johnson is joined by financial journalist Miranda Marquit. Listening in and sometimes contributing is producer Aaron Freeman. This week, John and David, the Debt Free Guys, join us to discuss the five things you need to know about creating a successful debt pay-down plan.
»»» Show webpage with links.
https://www.moneytalksnews.com/5-things-you-need-to-know-about-paying-off-debts/
»»» Subscribe to Money Talks News here to watch more videos: https://www.moneytalksnews.com/youtube-subscribe
»»» Connect with us online:
Like Money Talks News on Facebook: https://www.facebook.com/m...
- Title
- Top Financial Stories of 2022 Crypto, Student Loan Forgiveness, Inflation, and More
- Runtime
- 36:09
- Date posted
- 3 years ago
- Description
- »»» Episode 175 webpage with links:
https://www.moneytalksnews.com/top-financial-stories-of-2022-crypto-student-loan-forgiveness-inflation-and-more/
It's been a wild year. Crypto has fallen 70%. The stock market has been horrible. Bonds have had the worst year since 1700s! And we've watched inflation hit levels not seen since Reagan was in the White House.
What does this mean as we move into a new year?
Today, we're going to take a look at some of the biggest money stories of 2022 — and how they might impact your pocketbook as we move into 2023.
As usual, host Stacy Johnson is joined by financial journalist Miranda Marquit. Today's guest is Craig Ferrantino, a certified financial fiduciary at Craig James Financial Services.
Remember, even though we sometimes talk about money and specific investments on this show, don't take them as recommendations. Before investing in anything or making any other money moves...
- Title
- 15 Money Moves for a Richer New Year
- Runtime
- 32:19
- Date posted
- 3 years ago
- Description
- »»» Episode 174 webpage with links.
https://www.moneytalksnews.com/15-money-moves-for-a-richer-new-year/
Here we go again: A brand new year is right around the corner. And even if you're not among the 68% of people that make financial New Year's resolutions, you should still look ahead and plan some money moves for the new year. At least, if one of your goals is to get richer.
As usual, host Stacy Johnson is joined by financial journalist Miranda Marquit. This week, two of our favorite financial advisors return to talk about how you can make the most of your new year. Let's welcome Pam Krueger from Wealthramp and Erik Olson from Arete Wealth Advisors in Chicago.
»»» Subscribe to Money Talks News here to watch more videos: https://www.moneytalksnews.com/youtube-subscribe
»»» Connect with us online:
Like Money Talks News on Facebook: https://www.facebook.com/moneytalksnews/
Follow Money Talks News on Twitt...
- Title
- 7 Year End Tax Tips That Could Save You Thousands
- Runtime
- 41:31
- Date posted
- 3 years ago
- Description
- »»» Episode 173 webpage with links:
https://www.moneytalksnews.com/7-year-end-tax-tips-that-could-save-you-thousands/
Death and taxes. They say they are the only certain things in life. Certain or not, though, taxes are definitely stressful, which is probably why 1/3 of Americans procrastinate when tax time rolls around.
And that can be an expensive mistake. Example: Now's the time to focus on year-end tax moves and take advantage of strategies that could save you thousands and will disappear on December 31st.
Let's make sure that doesn't happen to you.
As usual, host Stacy Johnson is joined by financial journalist Miranda Marquit. Listening in and sometimes contributing is producer Aaron Freeman. This week's special guest is tax attorney Kelly Phillips Erb, the founder of Taxgirl and an editor at Bloomberg Tax.
»»» Subscribe to Money Talks News here to watch more videos: https://www.moneytalksnews.com/youtube-su...
- Title
- Your Guide to Alternative Investments
- Runtime
- 33:03
- Date posted
- 4 years ago
- Description
- »»» Episode 172 Webpage and Links.
https://www.moneytalksnews.com/your-guide-to-alternative-investments/
This week we're talking about alternative investments.
If you're like us, stocks, bonds and savings accounts make up the foundation of your investments. And that's a good thing: all three are important for a comfortable, secure retirement. But guess what? They're not the only game in town. As it happens, there are investments that don't involve any of that stuff. And they could be important. Alternative investments offer not just another way to make money, but maybe even a little spice.
Ready to add a little pizzazz to your portfolio? Let's do it.
As usual, host Stacy Johnson is joined by financial journalist Miranda Marquit. Listening in and sometimes contributing is producer Aaron Freeman. We've got not one but TWO special guests this week: Pam Krueger from Wealthramp and Erik Olson from Arete Wealth Advisors in Chic...
- Title
- Retirement, Real Estate and I Bonds We answer your questions
- Runtime
- 46:26
- Date posted
- 4 years ago
- Description
- »»» Episode 171 Webpage and Links:
https://www.moneytalksnews.com/retirement-real-estate-and-i-bonds-we-answer-your-questions/
Stacy's been offering money guidance for 41 years: 10 as a financial advisor and 31 as a personal finance reporter. Miranda's been writing and podcasting about money since 2005. But they still learn more every day.
We hope you want to learn new things, too! And that's why we periodically answer YOUR questions: the ones you send in by emailing us at hello@moneytalksnews.com.
Today, we've got some great questions on topics ranging from retirement and annuities, I-bonds, real estate and the best time to buy a TV.
We tackle the following questions about retirement:
Arben: Do you recommend the fixed index annuities, as an option along with other forms of investing, like SEP IRA, 401k, Traditional IRA?
Elizabeth: What are some tax-efficient ways to spend IRA accounts once retired? How abo...
- Title
- 3 Ways Recessions Can Make You Rich
- Runtime
- 39:55
- Date posted
- 4 years ago
- Description
- »»» Episode 169 Website and Links.
https://www.moneytalksnews.com/3-ways-recessions-can-make-you-rich/
We've been talking about the chances of a recession for months now. Thanks to rising rates choking company profits, some Wall Street firms currently have the odds of a recession sometime between now and the end of 2023 as high as 98%.
In a recent podcast episode, we discussed what to do with your savings and investments to prepare for a recession. But today we're going to look at the other side of the coin: How to profit from an economic downturn.
Podcast hosts: Stacy Johnson, financial journalist Miranda Marquit, producer Aaron Freeman, and this week's guest is a friend of the show, Joe Saul-Sehy from Stacking Benjamins.
»»» Subscribe to Money Talks News here to watch more videos: https://www.moneytalksnews.com/youtube-subscribe
»»» Connect with us online:
Like Money Talks News on Facebook: https...
- Title
- 5 Fast Ways to Turbocharge Your Retirement Savings
- Runtime
- 32:55
- Date posted
- 4 years ago
- Description
- »»» Episode 168 webpage and links.
https://www.moneytalksnews.com/5-fast-ways-to-turbocharge-your-retirement-savings/
Do you have enough in your retirement account? According to a recent report from Vanguard, the average American has around $140,000 saved for retirement. For those 65 and older, that average balance is about twice that, or $280,000.
Sounds like a lot, right? But for many people, even with Social Security, it's not going to be enough.
So, let's fix it. Let's discuss creating a plan to beef up those retirement savings.
As usual, host Stacy Johnson is joined by financial journalist Miranda Marquit. Listening in and sometimes contributing is producer Aaron Freeman. This week's guest is a friend of the show, Joe Saul-Sehy from Stacking Benjamins.
»»» Subscribe to Money Talks News here to watch more videos: https://www.moneytalksnews.com/youtube-subscribe
»»» Connect with us onlin...
- Title
- How to Prepare Your Savings for a Recession
- Runtime
- 35:09
- Date posted
- 4 years ago
- Description
- »»» Episode 167 webpage with show links:
https://www.moneytalksnews.com/how-to-prepare-your-savings-for-a-recession/
The Federal Reserve's been raising rates all year, and they've signaled they're not done yet.
Rising rates act as a break on the economy, slowing it down in order to tame rising prices, otherwise known as inflation.
But there's a problem with slowing the economy…slow it too much and it could start sliding into reverse; in other words, a recession: two or more consecutive quarters of economic contraction.
Many experts (and investors) are wondering if a recession is coming in 2023.
We're already dealing with rising rates and a roller-coaster stock market. But preparing for a potential recession is a whole other ball game.
In this week's podcast, we're going to talk about how to do it.
As usual, host Stacy Johnson is joined by financial journalist Miranda Marquit. Liste...
- Title
- 7 Essential Tips to Reduce College Costs
- Runtime
- 38:35
- Date posted
- 4 years ago
- Description
- »»» Episode 166 webpage with links.
https://www.moneytalksnews.com/7-essential-tips-to-reduce-college-costs/
»»» You may also love episode 160: How to Get Student Loan Forgiveness
https://www.moneytalksnews.com/how-to-get-your-piece-of-the-student-loan-forgiveness-pie/
Over the last 20 years, public college tuition has rocketed nearly 180%, according to the Education Data Initiative. And that doesn't include the cost of books, food, housing and other living expenses.
So it could cost your kids tens of thousands to get their degree. It could also mean starting adult life with debilitating debt.
Fortunately, there are workarounds to high costs and soul-sucking debt. And that's what we're going to talk about in today's podcast.
As usual, host Stacy Johnson is joined by financial journalist Miranda Marquit. Listening in and sometimes contributing is producer Aaron Freeman. This week's special guest is B...
- Title
- How to Reach for Financial Freedom with House Hacking
- Runtime
- 35:05
- Date posted
- 4 years ago
- Description
- »»» Episode 165 webpage with links.
https://www.moneytalksnews.com/how-to-reach-for-financial-freedom-with-house-hacking/
What if you could live in your home while someone else pays the mortgage? That's the idea behind house hacking.
House hacking refers to living in a home or multi-unit while renting out part of it. Dedicated house hackers say it's a great way to lay a foundation for a real estate empire—one that can catapult you to financial freedom. But will it work for you? Let's find out.
As usual, host Stacy Johnson is joined by financial journalist Miranda Marquit. Listening in and sometimes contributing is producer Aaron Freeman. This week's guest is Robert Leonard, the author of The Everything Guide to House Hacking.
»»» Subscribe to Money Talks News here to watch more videos: https://www.moneytalksnews.com/youtube-subscribe
»»» Connect with us online:
Like Money Talks News on Facebook...
- Title
- 5 Tips for Helping Your Kids Become Financial Grownups
- Runtime
- 37:08
- Date posted
- 4 years ago
- Description
- Episode webpage with links:
https://www.moneytalksnews.com/5-tips-for-helping-your-kids-become-financial-grownups/
Kids are expensive! It costs $310,000 to raise a child from birth to age 17. At some point, the goal is for them to become financially independent and stop needing you for money.
And that's what we're talking about today. If you want to live your best financial life as an empty-nester and make sure your kids are ready to fly on their own, we're here to help.
Today Stacy Johnson is joined by financial journalist Miranda Marquit, producer Aaron Freeman, and our special guest is Bobbi Rebell, a financial journalist and author of the book Launching Financial Grownups.
»»» Subscribe to Money Talks News here to watch more videos: https://www.moneytalksnews.com/youtube-subscribe
»»» Connect with us online:
Like Money Talks News on Facebook: https://www.facebook.com/moneytalksnews/
Follow ...
- Title
- 5 Ways You CAN Buy Happiness
- Runtime
- 35:11
- Date posted
- 4 years ago
- Description
- »»» Episode 163 Webpage and Show Links
https://www.moneytalksnews.com/5-ways-you-can-buy-happiness/
So here's the question: Can you put a price on happiness?
In 2010, Princeton research suggested that people's day-to-day happiness tops out when they make $75,000.
More recent research, however, indicates that there is no dollar value at which having more money doesn't contribute to well-being. So, money can buy happiness. Especially if you use it well. Because the happiness you derive from money depends completely on what you spend it on.
As usual, host Stacy Johnson is joined by financial journalist Miranda Marquit. Listening in and sometimes contributing is producer Aaron Freeman. Today's special guest is Jason Vitug, a former bank executive and financial wellness expert. His forthcoming book, Happy Money Happy Life, is due in early 2023.
Remember, even though we sometimes talk about money and specific inves...
- Title
- Cryptocurrencies and 4 Other Ways to Invest in Web3
- Runtime
- 32:51
- Date posted
- 4 years ago
- Description
- »»» Episode 162 Show Webpage and Show Links
https://www.moneytalksnews.com/Acryptocurrencies-and-4-other-ways-to-invest-in-web3/
Don't you wish you could go back in time and be one of the first investors in the Internet? You'd make a killing.
Well, you can't go back and invest in Web 1.0: That was just static web pages—read-only.
And you can't go back and invest in Web 2.0: That's what we have today, creating content and interacting with each other on sites like Facebook.
But what about Web 3.0? That's the latest version of the Internet, still on the drawing board, being built on blockchain technology.
Don't know what the heck I'm talking about? Then you're in the right place.
Because today we're talking about Web 3.0: what it is, how it works, and most important, how you can make money from it.
»»» Subscribe to Money Talks News here to watch more videos: https://www.moneytalksnews....
- Title
- 161 How to Take Advantage of a Stock Market Crash
- Runtime
- 31:54
- Date posted
- 4 years ago
- Description
- »»» Podcast webpage with show links:
https://www.moneytalksnews.com/how-to-take-advantage-of-a-stock-market-crash/
The stock market is falling — and could even end up in a free fall. With rising inflation and worries about the stock market, where should you put your money?
This week, we're talking about how you can take advantage of a stock market crash. It's not all bad. You might even get some great deals!
As usual, host Stacy Johnson is joined by financial journalist Miranda Marquit. Listening in and sometimes contributing is producer Aaron Freeman. Today's special guest is Jason Vitug, a former bank executive and financial wellness expert. His forthcoming book, Happy Money Happy Life, is due in early 2023.
Remember, even though we sometimes talk about specific investments on this show, don't take them as recommendations because they're not. Before investing in anything or making any money moves, do your research and...
- Title
- How to Get Your Piece of the Student Loan Forgiveness Pie
- Runtime
- 28:29
- Date posted
- 4 years ago
- Description
- There is almost $1.75 trillion — that's TRILLION with a T — in outstanding student loan debt in the United States. People of all ages and walks of life are impacted by student loan debt. In fact, you might be surprised that 22% of that debt is owed by people 50 years and older. Well, no matter your age, student loan forgiveness is now on the table. The Biden Administration recently announced a program to forgive up to $20,000 in debt for borrowers. Today, we're going to talk about who qualifies for this student loan forgiveness program and what you need to do to claim your slice of the pie.
»»» Episode 160: How to Get Student Loan Forgiveness - Webpage with Links.
https://www.moneytalksnews.com/how-to-get-your-piece-of-the-student-loan-forgiveness-pie/
»»» Subscribe to Money Talks News here to watch more videos: https://www.moneytalksnews.com/youtube-subscribe
»»» Connect with us online:
Like Money Talks News on Facebook:...
- Title
- 9 Tips to Tackle Your Financial Goals and Still Have Fun
- Runtime
- 28:20
- Date posted
- 4 years ago
- Description
- »»» This show's webpage with all the links.
https://www.moneytalksnews.com/9-tips-to-tackle-your-financial-goals-and-still-have-fun/
»»» Today's special guest is Chris Hutchins, founder of the podcast - All the Hacks. https://www.allthehacks.com/
»»» Other episodes you may love:
Ep 158: How to Make Better Financial Decisions - Guest: J.D. Roth
https://www.moneytalksnews.com/how-to-make-better-financial-decisions/
Ep 153: 10 Sure-Fire Ways to Beat Inflation - Guest: Farnoosh Torabi
https://www.moneytalksnews.com/10-sure-fire-ways-to-beat-inflation/
You need to build an emergency fund, but you also want to go to Burning Man.
You need to save for retirement, but you also want a Corvette.
You need to buy a house, but you also want to go on a cruise.
At first glance, it seems like you can either do what you should do, or you can do what you want to do. But there's not ...
- Title
- How to Make Better Financial Decisions
- Runtime
- 34:07
- Date posted
- 4 years ago
- Description
- »»» MoneyTalksNews: The Podcast 158 Episode Page:
https://www.moneytalksnews.com/how-to-make-better-financial-decisions/
Should you buy or lease your car? Where should you live? Is college worth it? Should you invest in stocks? If so, what kind? How much insurance do you need?
These are the kinds of decisions we're faced with every day. And the answers you choose can literally change your life.
And that's why today's topic is how to make better financial decisions. Because better decision-making results in a richer you.
As usual, host Stacy Johnson is joined by financial journalist Miranda Marquit. Listening in and sometimes contributing is our producer Aaron Freeman. Today's special guest is J.D. Roth, the dean of personal finance bloggers and the founder of the uber-popular website Get Rich Slowly.
»»» Subscribe to Money Talks News here to watch more videos: https://www.moneytalksnews.com/youtube-subscribe
- Title
- 7 Tips for Getting the Best Deal on Travel
- Runtime
- 39:02
- Date posted
- 4 years ago
- Description
- »»» Podcast Links and Show Downloads
https://www.moneytalksnews.com/7-tips-for-getting-the-best-deals-on-travel/
If you appreciate what we do, do something for us: share this show with your friends and family on your favorite social platforms and subscribe to this podcast! It’ll take you 2 seconds, but it can really help us.
»»» More Awesome Travel Shows
Ep 29: 5 Countries Where You Can Retire on $2,000 a Month or Less
https://www.moneytalksnews.com/awesome-places-you-can-retire-overseas-on-2000-a-month-or-less/
Ep 137: 10 Tips to Travel Abroad on a Budget (for Weeks at a Time)
https://www.moneytalksnews.com/10-tips-to-travel-abroad-on-a-budget-for-weeks-at-a-time/
Have you tried to get away this summer? If so, you’ve noticed that travel prices are through the roof.
Domestic airfare has taken off: is up 34% this year compared to 2019.
Car rental prices have hit the gas: Up 20% between Janu...
- Title
- How to Lend to, or Borrow From, Family and Friends
- Runtime
- 35:04
- Date posted
- 4 years ago
- Description
- »»» Podcast Links and Show Downloads
https://www.moneytalksnews.com/how-to-lend-to-or-borrow-from-family-and-friends/
According to the Census Bureau’s Household Pulse Survey, 25.6 million people borrowed from friends and family this year, up from 19.1 million a year ago.
So here’s the question: If a friend or family member came to you for money, would you give it to them?
It’s been an issue for hundreds of years. Take this line from Shakespeare's Hamlet: “Neither a borrower nor a lender be; For loan oft loses both itself and friend.
And it’s true. A Bankrate survey found that nearly half of those who lend to friends and family say it doesn’t end well.
So, when you’re approached, or are about to approach, what’s the right way to do it? That’s what we’re going to talk about today.
I’m your host, Stacy Johnson. As usual, my co-host is financial journalist [Miranda Marquit](htt...
- Title
- Got Social Security Questions? Here Are Some Answers
- Runtime
- 32:02
- Date posted
- 4 years ago
- Description
- Social Security is important. It provides the majority of income to most retirees. According to The Center on Budget and Policy Priorities, it provides at least 50 percent of total income for half of retirees and 90 percent for about a quarter of them.
Unfortunately, according to research, most people don't understand exactly how Social Security works. In fact, the average person overestimates their monthly benefits by $300 or more.
Navigating the Social Security Administration is no picnic. That's why we're going to answer some of your questions about Social Security in this podcast.
This week's guest is Devin Carroll, an advisor and the founder of the Social Security Intelligence blog.
Remember, even though we sometimes talk about specific investments on this show, don't take them as recommendations because they're not. Before investing in anything, do your own research, and make your own decisions.
»»» Podcast 155 e...
- Title
- 7 Things You Should Know Before Investing in I Bonds
- Runtime
- 29:14
- Date posted
- 4 years ago
- Description
- Inflation is as high as it's been for 40 years -- more than 9% -- and it's crushing budgets all over the world.
The stock market, one of the best ways to beat inflation over time, is struggling. So, what's a saver to do?
One great solution may also be one of the safest: I-bonds. The "I" stands for inflation, and they're called that because as inflation goes up, so does the interest on these US government bonds. Example? Right now they're paying 9.6%!
Sounds good, but what's the catch?
In the podcast, we're going to find out.
Co-hosts Stacy Johnson and Miranda Marquit are joined by producer Aaron Freeman. Today's special guest is former financial advisor, bestselling author and financial educator Kevin Matthews from BuildingBread.
Remember, even though we sometimes talk about specific investments on this show, don't take them as recommendations because they're not. Before investing in anything, do your own...
- Title
- 10 Sure-Fire Ways to Beat Inflation
- Runtime
- 43:45
- Date posted
- 4 years ago
- Description
- The Federal Reserve Bank has a target for rising prices: They consider 2% per year to be the right amount. Ooops. The latest figure reflects an annual rate of more than 9%. That's the highest it's been in more than 40 years. And it's hurting people, especially those least able to afford it: the millions of Americans living paycheck to paycheck.
So, let's talk about inflation. How bad it's going to get, how long it's going to last, and most important: Things we can do to fight back.
As usual, co-hosts Stacy Johnson and Miranda Marquit are joined by producer Aaron Freeman. This week's special guest is Farnoosh Torabi, editor at large for CNET Money and the host of the popular podcast So Money.
Remember, even though we sometimes talk about specific investments on this show, don't take them as recommendations because they're not. Before investing in anything, do your own research, and make your own decisions.
»»» Podcast Webpage L...
- Title
- The Truth Behind 14 Common Money Tips
- Runtime
- 37:30
- Date posted
- 4 years ago
- Description
- You've probably heard that you should buy a used car instead of a new one. But used car prices surged 27% from early 2021 to early 2022. Does that advice really make sense for everyone?
We hear a lot about what the "experts" recommend, but does it make sense for YOU? Today we'll take a look at some of the most "commonsense" financial advice and talk about whether we think it's a good idea.
As usual, co-hosts Stacy Johnson and Miranda Marquit are joined by producer Aaron Freeman.
»»» Article with links:
https://www.moneytalksnews.com/the-truth-behind-14-common-money-tips/
»»» Subscribe to Money Talks News here to watch more videos: https://www.moneytalksnews.com/youtube-subscribe
»»» Connect with us online:
Like Money Talks News on Facebook: https://www.facebook.com/moneytalksnews/
Follow Money Talks News on Twitter: https://twitter.com/moneytalksnews
Sign up for the Money Talks Newsl...
