Money Mondays
WHY ARE OLD RETIREMENT ACCOUNTS ON YOUR MIND TODAY? MELLODY: Put simply, people change jobs pretty regularly. According to the Bureau of Labor Statistics, the average worker in America changes employers every 4 years or so. And when we do this, many of us end up starting a new retirement account. But that does not […]
This morning we’re talking about the recent turbulence in the markets. What have we seen lately? There is no denying that the markets have been choppy in recent weeks. After a very strong period at the beginning of the summer, the NASDAQ fell by 3.75% in the past two weeks, while the Dow Jones shed […]
THIS MORNING WE ARE ONCE AGAIN FOCUSED ON THE US-CHINA TRADE TENSIONS THEIR RIPPLE EFFECTS. WHAT IS THE LATEST OUT OF WASHINGTON? More shots were fired in the trade war last week. On Thursday, President Trump took to Twitter to announce that he intends to impose a 10 percent tariff on the remaining $300 billion […]
How do I start a homebased business? Just do it. Use your name and social security number on Schedule C of your 1040 tax return. Get a website, social media, email address, and business cards – all for under $25! Everyone can be a sole proprietor of a consulting business advising others in low risk […]
Please explain how people make millions of dollars and end up broke. More money doesn’t solve a money problem. If you have $50,000 and spend $100,000 you are living check to Monday. That’s when you get paid on Friday and you’re broke on Monday! If you make $2,000,000 and you spend $4,000,000, you’re in the […]
Today we are discussing debt collection. Why? Debt collection affects millions of Americans. For several years. the number of households who had accounts in collection was in decline, as many households embraced more responsibly financial practices in the wake of the financial crisis. However, recently we have seen this trend reverse. Over 25 million Americans […]
THIS MONTH MARKS A BIG DAY FOR THE US ECONOMY. WHY? According to the National Bureau of Economic Research (NBER), June 2009 was the last month the U.S. economy was in recession. That means unless the U.S. economy has now seen its longest expansion in history! WHY HAS THE ECONOMY STAYED ON A POSITIVE COURSE […]
We are covering the benefits of a college degree this morning. Why is this on your mind? We often talk about the costs associated with college. Tuition prices have risen steeply in recent decades and student loans burdens now accompany millions of Americans after their studies. These concerns have led many to ask whether the […]
MANY OF OUR LISTENERS ARE CURIOUS ABOUT DIGITAL BANKING VERSUS TRADITIONAL BANKS. WHAT SHOULD THEY KNOW? First, let’s talk about how we got here. Until the 1990s, banking had not changed much over the previous five decades. With the advent of the internet, banks began to offer services online. Eventually, some banks emerged without any […]
As graduation season comes to a close many Americans, both students and parents alike, are now faced with the reality of huge student loan bills that will be arriving in the mail shortly. Robert Smith’s recent announcement that he intends to pay off the student loans of the entire Morehouse class of 2019 was a […]
Why is it now so important to talk about retirement planning for workers without an employer-sponsored plan? Only about half of all Americans have access to plans available through their job, according to a 2018 report from the Stanford Center on Longevity. The other half are freelancers or workers with multiple jobs or part-time jobs […]
PRESIDENT TRUMP AGAIN INCREASED TARIFFS ON CHINESE GOODS LAST WEEK. CAN YOU GIVE US A SNAPSHOT OF WHAT HAPPENED? As you know, the US and China have been engaged in an escalating trade battle since last year. In September, the U.S. imposed 10% tariffs on $200 billion worth of goods imported from China, with tariffs […]
