Money Talks

Do you have a part time gig? Do you have many part time gigs as your only source of income?We have some helpful tips for those who are looking to increase their income and some cautions for those who aren't considered "employees". Remember: if you aren't an employee, you probably aren't having Social Security, State and Federal Taxes with held from your payment. You are responsible for paying those amounts in each quarter. There are a few tests that must be passed to determine if a worker is an employee or if they are an independent contractor: https://www.dol.gov/newsroom/releases/whd/whd20190429 https://www.thebalancecareers.com/15-side-jobs-to-make-some-extra-money-4074574 has a list of 15 Side Jobs to Make Some Extra Money and web links to get you started:1. Ride Share/Delivery Driver2. Household Helper/Personal Assistant3. Care Giver4. Pet Sitter or Dog Walker5. Customer Service Representative6. Get a Freelance Gig7. Rent Your Extra Space8. Sell Your Stuff9. Get Some Mi

Today's show was listener driven. Callers wanted to talk about Social Security and Student Loans. So that's what we did! Our experts are Dr. Nancy Lottridge-Anderson, President of New Perspectives and Ryder Taff, portfolio manager at New Perspectives. Nancy and Ryder are both Chartered Financial Analysts and Ryder also holds the Certificate in Investment Performance Measurement from the CFA Institute. https://www.newper.com/ See acast.com/privacy for privacy and opt-out information.

How should an investor evaluate a stock? Our financial advisers give some tips and take personal finance questions on the show. Our experts are Dr Nancy Lottridge Anderson, President of New Perspectives and Ryder Taff, Portfolio Manager at New Perspectives. https://www.newper.com/Seven things an investor should consider when picking stocks:Earnings growthStabilityRelative strength in industryDebt-equity ratioPrice-earnings ratioManagementDividends See acast.com/privacy for privacy and opt-out information.

We're talking Individual Retirement Accounts on this episode of Money Talks with hosts Nancy Lottridge-Anderson and Ryder Taff from New Perspectives https://www.newper.com/The difference between an Traditional IRA, a Roth IRA, a Simple IRARules concerning contributionsRules concerning distributions See acast.com/privacy for privacy and opt-out information.

This was an Open Topic day with a few tips to help your clothing budget.Questions anwered: Roth IRAs for tuition paymentsIRA contribution capsSaving for retirement vs cash in the bank403B and Lifestyle accountsBanking interest ratesIRA withdrawals and charity contributionsMedicare plansClothing buying tips:Shop off season but NOT in April or OctoberItems may go on sale after 6 weeks in the storeShop thrift storesBe careful at outlet stores - factory line: made for outlet sales NOT regular merchandiseTreat clothing shopping like grocery shopping - make a listWhen shopping online "abandon" your cart. The site may send you a discount code to get you to come back and make a purchaseAvoid dry-clean only clothes to save moneyTake care of your clothing so they last longerBuy classic clothes they stay in stylePay in cash and ask for a discountLearn the price codes:  https://lifehacker.com/know-the-secret-price-codes-at-major-retailers-to-save-921445013 See acast.com/privacy for privacy and opt-out

Guests Marcia Reed and David Johnson from Bank Plus join financial adviser Ryder Taff to talk about establishing a banking relationship. Credit Plus https://www.bankplus.net/Personal/CreditPlus/CreditPlus/Want to access your free annual credit report? Get one free each year from each of the three credit reporting agancies at https://www.ftc.gov/faq/consumer-protection/get-my-free-credit-report 36 Best New Bank Account Promotions & Offers – March 2019  https://www.moneycrashers.com/best-new-bank-account-promotions-offers/ See acast.com/privacy for privacy and opt-out information.

Jay White, host, and Shawn Mercer, District Manager with the Social Security Administration, spend the entire hour taking listener questions only about Social Security matters.You can find many answers to your Social Security, disability, and Medicare questions at http://ssa.gov See acast.com/privacy for privacy and opt-out information.

Guest Roddy Merritt gives us inside information on financing a car purchase, cautions us on buying too much vehicle; relays the benefits of a Certified PreOwned car.Roddy produces a car buying podcast: The Smart Car Buyer https://itunes.apple.com/us/podcast/the-smart-car-buyer/id1449100874?mt=2&ign-mpt=uo%3D4 for Apple and for Google Podcasts https://www.google.com/podcasts?feed=aHR0cHM6Ly9hbmNob3IuZm0vcy84NjY0MDc0L3BvZGNhc3QvcnNz   Roddy aslo has a YouTube Channel: https://www.youtube.com/channel/UCE1rg1w3QdMLnosCx-pl5sQ/featuredA helpful website: https://www.edmunds.com/car-buying/Roddy Merritt was a recent guest on MPB's Auto Correct where he spoke about choosing a car to purchase http://www.mpbonline.org/blogs/auto-correct/auto-correct-choosing-a-ride/ See acast.com/privacy for privacy and opt-out information.

Could an executive search professional be a good resource for you to advance in your industry? Our guest, Jack Farrell managing director of Jack Farrell and Associates, explains the relationship between a job candidate, a recruiter, and hiring company.  http://jackfarrell.com/site/This information packed episode discusses estabishing a relationship with a headhunter, what the search professional can do for a candidate, ways to become noticed in your industry, and tips for a successful job search.Helpful websites: https://www.linkedin.com/  https://www.indeed.com/  https://www.glassdoor.com/index.htm See acast.com/privacy for privacy and opt-out information.

This Open Topic day had calls about saving on your utility bills and emails about stock splits and finding tax information concerning a company in bankruptcy. Nancy mentioned MarketWatch's tweet about budgeting: https://twitter.com/MarketWatch/status/1096990188864241666set goals for paying down debt, building an emergency fund, saving for retirmentcalcualte net incomeafter needs are met, pay towards goals, THEN wants.Southern Pine Electric has provided a list of 10 Easy Ways to Lower Your Power BillTurn Off The Lights: Mom was right. Turn off the lights when you’re not in the room. Even energy-efficient LED and florescent lights. Every little bit helps.Turn Off Ceiling Fans: Ceiling fans only make us feel cooler because they move air across our skin. If you’re not in the room, you’re wasting money if it’s on.Avoid Space Heaters: Space heaters aren’t meant to heat a whole room or run for very long. More often than not, it’s less expensive to run an energy-efficient home heating sy

Not as many people will be "celebrating" Valentine's Day this year but spending for the holiday continues to rise. We have projections for who is buying what for whom on February 14th from the National Retail Federation, Finder.com, and StatistaWho is getting a gift? Ranked by average dollar amount projected to spend: Wife, Kids, Myself, Girlfriend, Friends, Husband, Secret, Other family members, Boyfriend, Pet cat, Pet dog.2019 Average expected spend: Men - $229.54 Women - $97.77Gifts of experience such as tickets to an event or a trip to a spa are wanted by 40% and planned to be given by 25%.https://nrf.com/insights/holiday-and-seasonal-trends/valentines-dayWhere's My Refund website from the IRS: https://www.irs.gov/refunds   What you'll need: Social security number or ITIN,  Your filing status,  Your exact refund amount or for mobile users download the app. See acast.com/privacy for privacy and opt-out information.

Whether you're celebrating 2019 or the Chinese New Year, here are some resolutions to Get Your Finances in Shape.Resolution 1: Create a budget for lifeResolution 2: Manage your debtResolution 3: Optimize your portfolioResolution 4: Prepare for the unexpectedResolution 5: Protect your estateCalls discussed: paying off your martgage (is it good; its it bad); choosing a professional for help; reverse mortgages; loans, stockholder's meetings; retirment advice.Financial Indurstry Regulatory Authority Broker Check: https://brokercheck.finra.org/ See acast.com/privacy for privacy and opt-out information.

Many Mississippians were out of school or off work and were able to call in for this broadcast of Money Talks, with Nancy Anderson and Java Chatman. Discussed in this episode: hosing sales plunge, college savings, increased standard deduction, and required minimum distributions among others. See acast.com/privacy for privacy and opt-out information.

If you haven't been saving enough for retirement, this show has some ideas to help you catch up. Ryder Taff from New Perspectives http://newper.com and host Java Chatman discuss ways to build up your retirement savings. Retirment Savings (how much do you need) = Time (how long to you have to contribute)  x Risk (how aggressive can you afford to be) x Amount (how much can you put in each month)Tax questions? Look on the IRS's website http://irs.gov See acast.com/privacy for privacy and opt-out information.

To start your year, we want to help you take a look at your financial status. How do you compare to other Americans? What are your goals for improving?Here's a Make a Budget Wooksheet from https://www.consumer.gov/content/make-budget-worksheet See acast.com/privacy for privacy and opt-out information.

Do you or someone you know need help planning, preparing, or paying for education after high school? Our guest for this show is Stephen Brown from Get 2 College. The not for profit organization provides free counseling services and supports high school counselors throughout the state in helping students get to college and be successful there. https://get2college.org/Mississippi Gulf Coast:715 Cox Avenue, Ocean Springs, MS 39564, 228.875.4441, gulfcoast@get2college.orgMetro Jackson: 2600 Lakeland Terrace, Jackson, MS 39216, 601.321.5533, jackson@get2college.orgNorth Mississippi: 5699 Getwell Road, Building H, Suite 3, Southaven, MS 38672, 662.349.2789, nms@get2college.org See acast.com/privacy for privacy and opt-out information.

Kevin Farrell and Ryder Taff discuss some cost cutting tips today. Everyone needs a reminder of ways to save some money. Each of these tips could save you $1000 over the coming year. Cut the cord Switch your cell phone plan Rethink your remodel Get a roommate Get a gig with Postmates Get a gig with Uber Get a high-deductible plan Open and fund an HSA Eat at home Buy the store brand Just say no to impulse buys Use Mint Book holiday flights in advance Drive instead of flying See acast.com/privacy for privacy and opt-out information.

Money Talks "talks" about money in the news: stocks, oil prices, jobs, no cash accepted, bitcoin, year end money decisions.  See acast.com/privacy for privacy and opt-out information.

There are lots of ways to give money: cash, gift cards, gelt, collectible currency, stock, tips. We'll discuss what you need to know this Hanukkah, Christmas, Kwanzaa, end of year season. A listener recomended the Early Learning in Mississippi Collaborative. The Early Collaborative Act of 2013 provides funding to local communities to establish, expand, and support successful early childhood education and development services.  http://www.mississippifirst.org/education-policy/pre-kindergarten/early-learning-mississippi/U. S. Mint collectables https://catalog.usmint.gov/shop/gift-ideas.html See acast.com/privacy for privacy and opt-out information.

Experts Nancy and Ryder from New Perspectives https://www.newper.com/ , and host Kevin discuss why we give, where we give, and what we give to charities. The Annual Report on Charitable Giving by the Secretary of State's office is on their website: http://sos.ms.gov along with links to the American Institue of Philanthropy, Charity Navigator, Guide Star and other websites that can give you information about recognized charities in Mississippi.Ryder mentioned the Mississippi Public Service Commission is where you go to register a residential or cellular phone number for the Do Not Call List http://www.psc.state.ms.us/Ryder's 5 steps for setting up a Donor Advised Fund:Open an account onlineFund the account with cash or stockInvest the funds within the accountDirect to which charity the proceeds should be donatedDesignate a beneficiary charity or administrator for after you are gone.  See acast.com/privacy for privacy and opt-out information.