On today's show: Seventeen year old Steve has parents with split financial personalities. He's carving his own path.
- Beth (Auburn Hills, MI) was gifted some stock and wants to sell it and asks how to figure out the taxes she would pay considering she doesn't know how much the stock was purchased for.
- Mike contributed money to a Roth IRA and based on his estimated taxes this year asks if it would have been better to do a Traditional IRA, and if so can what can he do.
- Bob (Garden State) asks about the differences between growth, value, and blend mutual funds that he has in his Roth IRA and 401(k).
- Average household debt is approaching levels not seen since the last recession. What's going to happen?
- Seth (Birmingham, AL) asks if his fiance should open a separate Roth IRA.
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On today's show: A 50,000 ton rock structure built 5,200 years ago has a lot to say about its builders.
- How to survive a jerk at work.
- Annis is trying to break out of the paycheck-to-paycheck mode but her plan isn't working.
- Thor (Oslo, Norway) is 47-years-old, has $50,000 in debt and a $850,000 mortgage balance and asks how he should attack his debts.
- Linnis shares her financial journey as an encouragement to anyone who is struggling.
- Obi Wan asks what a proxy vote is and what you should do about it.
- What is a Certified Credit Repair Expert?
- Quote of the day from Helga (Vikings)
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On today's show: Under extreme circumstances people will do extreme things to improve their lives. How a babysitter getting shot by a stray bullet changed the course of one family's life.
- Paul has some follow up comments on his diamond shopping expedition. What is Katie's diamond worth after owning it for 13 years?
- Zach (Pennsylvania) is a 23-year-old starting his financial journey and asks for feedback on his plan.
- Lal (Michigan) is considering switching financial advisors because she doesn't know if what she and her husband are invested in are the best options.
- Adelore has a follow-up question on spendthrift trusts and asks if they can be used while the grantor is alive.
- Nick is a pharmacist with $175,000 in student loans. He asks about the priorities of paying off the debts, saving for a house, and investing.
- Can you buy more happiness?
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On today's show: How Steve hid in the bushes to help him land his dream job.
- Cammie (Heber Springs, AS) has a six-month-old and asks where the best place is to save extra money for him.
- Jesse (Colorado) wants to get started in rental properties and asks about liability protection and tax efficiency.
- What is a Certified Credit Repair Expert?
- Sarah has a question on Amazon Prime and if it's worth it to get for the discounts.
- Ric (San Antonio, TX) asks about the process from moving from one investment company to another.
- Wendy is a couple months behind on paying her credit card bill and asks how to get back on track.
- According to Consumer Reports who are the best and worst insurance companies?
- Jesse (Colorado) is financially independent and can tell his boss to stick it if he wants to.
- Quote of the day from George Moore.
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On today's show: Steve was an 18-year-old working in a tourist information center. With an in-depth knowledge of Irish history, he was asked to lead a walking tour of French tourists. Hear how he turned this opportunity into his dream job.
- Kelly's husband borrowed $150,000 from his retirement to fund a friend's business. Twelve years later the friend owe's him $200,000. What should be done?
- A simple tip to increase your credit score.
- Mario is 40-years-old and asks if he should cash out his $26k 401(k) balance to pay off credit card debt.
- Ashley is trying to get over the last hump of being out of debt and asks for some help.
- What can a 30-year-old dolphin named Fungi teach you about investing?
- Tyler is the millionaire next door. Hear his story of becoming debt free.
- Quote of the day from Frank McCourt.
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On today's show: Scott shares why an opportunity fund can be an important part of your financial plan. And it should be fun!
- Katie shares a story on how it never hurts to ask.
- Kelly and her husband are in their 40's. They are working their plan but realize they are missing out on free money while paying down their house.
- An amazing hack to get FREE TV.
- O.J. is going to jail and asks how to prepare for being out of commission for a few months.
- Quote of the day from Maeve Binchy.
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On today's show: Scott and Katie are just back from their trip to Ireland. They share some of their stories about traveling and how they apply to everyday life.
- Kristie (Seattle, WA) shares a resource on passive investing.
- Another millennial who's giving millennials a bad name.
- Deborah (Pittsburg, PA) asks how to tactfully ask friends and family contribute to her 5-month-old's college savings instead of giving them more toys.
- Amanda has a husband who's not down with budgeting and asks for assistance in getting him to come around.
- A listener is starting an online business and has questions on setting up banking accounts and how to pay taxes.
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NOLO Small Business Start-Up Kit
Topics: What impact did your parents have on your spending and saving habits? One of our scholarship applicants shares a story of divorced parents with polar opposite money habits and how those habits impacted their life.
- Jessica (Westhampton, MA) is running multiple businesses and concerned about how to make ends meet.
- Yet another reason to not buy gold.
- Walt (Colorado) watched a news piece on 401(k)s and asks how to prepare for the worst.
- Is your financial situation making you sick?
- How to get interest charges waived by asking politely.
- Excessive excess.
- Quote of the day from E=mc2
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Topics: If you're not careful there are several money traps you can fall into. Hear what they are and how to avoid them.
- Life Enthusiast (Bay Area, CA) asks for feedback on his financial situation and paying off a house to become debt free.
- Scott answers the call to make a handyman call to a rental house.
- Travel tips for going to a foreign country.
- A simpler way for you to break bad money habits so you can save more.
- Vickie asks for a comparison between the budgeting tools Everydollar and YNAB.
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Topics: Do you really know the difference between an expense and an investment? Find out if your brain is fooling you instead spending more than you want to.
- Paul is looking for recommendations on where to buy quality diamonds online.
- Katie gives some resume tips on updating your resume (and making sure it's good).
- Kristina is an ER vet and has a warning about ordering pet medications online.
- Yes, stock picking should scare you.
- What does the projected cost of the new Apple iPhone do to your brain?
- How do you compare to the rest of the world?
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Topics: If you have to choose between a Roth 401(k) and a Traditional 401(k), which one should you pick? The results from a new research study are in and the answer will surprise you.
- A listener takes action and meets with an advisor.
- Why good budgets are selfish budgets.
- Katie's side business wins a $150,000 grant!
- How to hack your credit score.
- In his own words - Chris Peach and his wife paid off $52,000 in 7 months.
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Topics: Scott explores why people have a hard time doing what they know they should be doing, but still don't do.
- How to discover if someone shares the same money values as you do (before you get hitched).
- Shanna saved $300 in our savings challenge.
- Three financial tips for new college graduates.
- Scott gets pre-approved for $275,000 in business loans. Time to throw a party!
- Wall Street wants you to borrow against your investments. Why this is a terrible idea.
- Carlos (Argentina) is interested in investing but doesn't know where to start.
- LeBron James turns $1M into $35M from buying pizza.
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101 Questions To Ask Before You Get Engaged
Borrowing from your investments
Topics: Can buying one new piece of clothing cause financial ruin? Hear the story of how It did for one person.
- D. (India) is 49 years old and asks for feedback on his financial plan so he can provide for his autistic daughter after he passes away.
- What to look for in private student loans.
- Linda (Arizona) is in retirement, living on social security, and stuck not knowing what to do.
- Everyone needs to know the most important words when dining out with friends.
- How your credit score affects a car loan.
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