Money Talks

Our guest for the show today is Adam Black, Senior Mortgage Loan Specialist with First Commercial Bank. We’ll talk about getting a home loan in today’s climate. Are you considering buying a home or refinancing?https://www.firstcommercialbk.com/S&P Case-Shiller home price indexrecent history of mortgageslength of timetypescredit scoredown paymentshopping for a mortgage7/14/2020 Money Talks: First Mortgage http://moneytalks.mpbonline.org/episodes/money-talks-first-mortgage6/11/2019 Money Talks: Refinancing Mortgages http://moneytalks.mpbonline.org/episodes/money-talks-refinancing-mortgages6/19/2018 Money Talks: Mortgage Loanshttp://moneytalks.mpbonline.org/episodes/5cd31f1533f6c1be55607d7e3/15/2022 Money Talks: Increase Your Credit Score http://moneytalks.mpbonline.org/episodes/money-talks-increase-your-credit-score10/2/2018 Money Talks: Credit Score http://moneytalks.mpbonline.org/episodes/5cd31f1533f6c1be55607d6fQuestions:HELOCHUD home: FHA $100 down program, 203K renovation loanTitle insuranceHomeowner's

This show isn’t really intended to teach kids about money but today we’ll try to help YOU teach your kids and grandkids about money. We’ll discuss what they need to know at various ages. We’ll also take your “grown-up” money questions.New Perspectives Blog https://newper.blogspot.com/https://www.consumerfinance.gov/consumer-tools/money-as-you-grow/20 Things Kids Need To Know To Live Financially Smart Liveshttp://moneyasyougrow.org/Kids aged 3-5 need to know:You need money to buy things.You earn money by working.You may have to wait before you can buy something you want.There’s a difference between things you want and things you need.Kids aged 6 – 10 need to know:You need to make choices about how to spend your money.It’s good to shop around and compare prices before you buy.It can be costly and dangerous to share information online.Putting your money in a savings account will protect it and pay you interest.Kids ages 11 to 13 need to know:You should save at least a dime for every dollar you receive.Entering p

Do you consider yourself a savvy investor? Would you like to become one? Let’s learn about valuation. How can you tell if a security is undervalued or overvalued? What metrics are used? What is fundamental analysis? We’ll answer these questions and your personal finance calls and emails. Questions:Payoff car or saveSavings rates https://www.bankrate.com/Able accounts http://moneytalks.mpbonline.org/episodes/money-talks-able-accounts July 2, 2019Vangard opinion explainedInvesting in private companies See acast.com/privacy for privacy and opt-out information.

Whether you’re 25, 55, or 75, maybe you’re dreaming of retirement. Today, we’ve got some tips geared for the 25 year-olds but everyone else will find some great information. Are you on fire for retirement? We're talking F. I. R. E.? We learn what that is and take your personal finance questions.Financial Independence, Retire Early from the 1992 book "Your Money or Your Life"save up to 70% of annual income, invest it with the help of a professionalgoal of retiring in 40s to either do nothing or travel or be selective in their jobonce savings reaches 30 times annual expenses you could retireCalls:saving advicesaving adviceemail - bond interestsavings bondsOther resources:https://www.mrmoneymustache.com/2012/01/13/the-shockingly-simple-math-behind-early-retirement/)https://www.ramseysolutions.com/retirement/what-is-the-fire-movement#:~:text=Movement%3F-,F.I.R.E.,Be%20confident%20about%20your%20retirement.https://www.investopedia.com/terms/f/financial-independence-retire-early-fire.asphttps://www.investopedi

Who needs a job? Who needs a better job? Who has no idea what they want to do so they need help figuring out what kind of job would suit them? If you answered yes to any of these – have we got a broadcast for you. Our guests are Daphne James from WIN Job Centers and Adam Todd from the Governor’s Job Fair Network.https://mdes.ms.gov/WIN Job Centers https://mdes.ms.gov/win-job-centers/Governor's Job Fairs https://www.jobfairs.ms.gov/Don't forget to register to attend! https://wings.mdes.ms.gov/wings/spring/self-service/job-fair/job-fair-registration;jsessionid=429BB51DD0F68C55BA00AAA1AA69A2B2?execution=e1s1Greenwood Leflore Job Fair: Begins: 9:00 am, May 25, 2022Ends: 1:00 pm, May 25, 2022Leflore County Civic Center200 Mississippi Hwy 7Greenwood, MSEast Mississippi Job FairBegins: 9:00 am, June 7, 2022Ends: 1:00 pm, June 7, 2022The Communiversity 2.07003 S Frontage RoadColumbus, MSI-59 Job FairBegins: 9:00 am, June 16, 2022Ends: 1:00 pm, June 16, 2022Sawmill Square Mall - inside the old JCPenney910 Sawmill Road

We always talk about what’s in the news at the top of the show but today we’ll discuss what’s in the news the whole show. It’s an Open Topic Day. Our experts take any personal finance question you’d like. They can answer a question about a news story you heard or maybe you’d like a financial term explained better. Ask us anything – within reason.Gold standardTwitter and the collective wisdom of the marketHousing – feds supporting more housinghttps://www.ssa.gov/Financial termsComforting words during volatilityEmpowering States to Protect SeniorsCryptocurrenciesInvesting in electricityStudent loansMoney: The True Story of a Made-Up Thing by Jacob Goldsteinhttps://www.federalreserve.gov/faqs/how-long-is-the-life-span-of-us-paper-money.htm See acast.com/privacy for privacy and opt-out information.

Do you have a “My Social Security Account”? After listening to this show, you’ll learn why you need one. Our guest is District Manager for Social Security, Shawn Mercer who is a fantastic resource Money Talks has from time to time to answer your questions personally. Ryder is in the studio taking your personal finance questions.https://www.ssa.gov/https://www.medicaid.gov/National Social Security Phone Number: 1-800-772-1213Questions:International accessDeceased spouseTurning 65“State Buy In” https://secure.ssa.gov/poms.nsf/lnx/0600815042Universal life insurance Reported income See acast.com/privacy for privacy and opt-out information.

If you aren’t married to the other adult in your home, how do you handle your household finances? The relationships in an unmarried home could be Cohabitation, Roommates, or Intergenerational. Do you discuss who pays the bills? How should expenses be handled? These are some of the questions Money Talks address today in addition to taking your personal finance questions.Discuss financesNonmarital AgreementJoin Purchase AgreementHave a willQuestions:I Bonds and interest rates (Previous MT show: http://moneytalks.mpbonline.org/episodes/money-talks-open-topic-augustRobo InvestmentsI Bonds See acast.com/privacy for privacy and opt-out information.

We throw around financial terms on Money Talks. Maybe you’re familiar with them or maybe you’re not. We’ll talk today about some vocabulary that’s good to know. We also answer questions that relate to your personal finances.In the news:streamingtwitterTerms:APRBlue Book ValueCOBRADRIPescrowJoint tenancy with right of survivorship verses tenancy in commonLiabilityLoadNonmarital agreementTerm life insurance verses whole life insuranceAn official website of the United States government is consumer finance.gov. It’s part of the Consumer Financial Protection Bureau. Click on their Consumer Education tab to learn more about money topics. https://www.consumerfinance.gov/According to Merriam Webster.com, the term “check” which refers to something that is used for verifying accuracy, authenticity, correctness began as a detachable stub – like a claim check. “Check” was first applied to the detachable stub in the early 18th century and then to the bank draft—the written order directing a bank to pay money as instructed

One way to increase your earning potential may be attending a Community College. Who are they for? Those right out of college? Those who may have started but not finished a degree? Someone wanting to retrain for a new career? We’ll learn today with our guest Kell Smith, Interim-Executive Director for the Mississippi Community College Board.(601) 432-6518 https://www.mccb.edu/info@mccb.eduAccelerate Mississippi: https://acceleratems.org/If you cheer for an educational institution because of their mascots, we’d like you to know the Mississippi Community Colleges have 2 Tigers, 2 Eagles, 2 Bulldogs, a Lion a Bobcat and a Wildcat; a Bear and a Wolfpack; plus Indians, Rangers, Trojans, and Warriors.Some of Mississippi Community Colleges famous students?American singer-songwriter, Jimmy Buffettengineer and former NASA astronaut Fred Haiseworld record holder for long jump and Olympian Brittney Reeseaward winning immunologist Max Dale CooperUnited States federal judge The Honorable Michael P. Millsand financial exper

Are you ready to travel? With restrictions and procedures changing back and forth you might need a little assistance. Need help selecting and booking a vacation? Would you like to experience a city like a local? We’ll learn about different services travel professionals can offer with our guest Jane Halbert Jones from More Than A Tourist. Ryder is on hand to answer your personal finance questions.https://www.morethanatourist.net/ Affiliate of Magnolia Travel Grouphttps://www.magnoliatravelgroup.com/Magnolia Travel Group is a concierge travel agency offering our clients custom & unforgettable travel experiences.https://www.instagram.com/morethanatourist/As of 04/12/2022: According to the TSA: At the CDC’s recommendation, TSA will extend the security directive for mask use on public transportation and transportation hubs through April 18th. During that time, CDC will work with government agencies to help inform a revised policy framework for when, and under what circumstances, masks should be required in the

Join Money Talks in playing “It’s A Numbers Game” with numbers that relate to personal finance. Play along with us and test your personal finance knowledge.Our digits:2 for 1W-2 and W-4Chapter 7 and Chapter 1365 years old70 and 1/2 years oldRule of 72 https://www.investopedia.com/terms/r/ruleof72.asp401(k), 403(b), and 4575291099By the way: Halley's Comet returns to Earth's vicinity about every 75 years (not 72). But it did visit us in 1066. https://www.space.com/19878-halleys-comet.html See acast.com/privacy for privacy and opt-out information.

At Money Talks we can’t give you money but we can remind you that you might save money by planning ahead. Compounding interest, buying in bulk, watching for sales are all ways that might put you in a better financial position. We’ll discuss saving money by planning ahead today. We’ll also take your general personal finance questions.In the news: job rate, yield curve.Income Tax payments and filings are due Monday, April 18th this year. https://www.irs.gov/individuals/steps-to-take-now-to-get-a-jump-on-next-years-taxes https://blog.taxact.com/planning-next-years-taxes/Have a bank account. The fastest way for you to get your tax refund is by filing electronically and choosing direct deposit.Consider adjusting your withholding if you owed taxes or received a large refund last year.Take action when life changes occurDecide if bunching deductible expenses can help you.Try to match major deductions to high-income years.Contribute to an IRA for next year now.Atlantic and Gulf hurricane season starts until June

If you’d like a to buy a vehicle or a home, there might not be one for you to get a loan for right now. You could take this time to improve your credit score, so you’ll be ready when the supply is more plentiful. We’ll be giving suggestions on how you can raise your credit score on the show today and also taking personal finance questions.Experian Boost program: https://www.experian.com/consumer-products/score-boost.htmlCredit building loan: https://www.experian.com/blogs/ask-experian/how-do-I-get-a-credit-builder-loan/Maintain your vehicle longer: http://autocorrect.mpbonline.org/Free credit reports from: https://www.annualcreditreport.comMore information from Consumer Financial Protection Bureau: https://www.consumerfinance.gov/More ways to improve your credit score: https://www.myfico.com/credit-education/improve-your-credit-scoreMoney Talks shows about credit score:Past Credit shows083121 http://moneytalks.mpbonline.org/episodes/money-talks-new-credit-freeze051220 http://moneytalks.mpbonline.org/episodes/

We hear the news but sometimes wonder “how does that affect me?”. Today’s your chance to ask our personal finance experts how the war in Europe affects you. We’ll also talk about our Mississippi legislature and student loans. As of 03/01/2022Bills alive: House Bill 530: Teacher pay raise, HB 770 and SB 2451: Equal pay bills, HB 1029: Increasing broadband access, HB 1367: Removing racist language from property deedsBills dead (? dead dead?): SB 2643: Divorce law reform, SB 2634: TANF savings accounts, You have less than 41 days to pay your personal income taxes. For this year, the deadline to file your income tax is April 18, though you can file an extension for October 15. Remember that even if you file an extension, if you owe money, you must make income tax payments by April 18, 2022 to avoid interest and penalties.The United States Continues to Impose Costs on Russia and Belarus for Putin’s War of Choice https://www.whitehouse.gov/briefing-room/statements-releases/2022/03/02/fact-sheet-the-united-stat

One size doesn’t fit everyone. And there isn’t one type of investment. If you’re looking for that “just right investment” for your savings or a tax refund, we have quite a few options today that aren’t the stock market. Money Talks recently got an email from a listener that said:I've got 250k in a bank savings account that earned a whopping 54 bucks last year and 2.06 last month. I need to invest in “something” but I don't like the markets. Ideas?This seems like an email that could take a whole show to answer, so we will take the whole show to give some options and see what our investment professionals think.The two major U.S. financial securities markets are the New York Stock Exchange and Nasdaq.In April 2007, the New York Stock Exchange merged with a European stock exchange known as Euronext to form what is currently NYSE Euronext. The American Stock Exchange (AMEX) previously the 3rd largest stock exchange, was acquired in 2008 by NYSE Euronext. The NYSE is 3 times the size of the world’s 3

Today is an Open Topic show. We’ll have some money finding, spending, and saving tips. Information about jobs and tax tips will also be given out. This is all between your personal finance questions and email. Uncertainty - VIX is the ticker symbol and the popular name for the Chicago Board Options Exchange's CBOE Volatility Index, a popular measure of the stock market's expectation of volatility based on S&P 500 index options. Don't REACT but do REVIEW. Liz Ann Saunders on twitter. https://twitter.com/LizAnnSondersRyder's current book: The Price You Pay For College by Ron Lieber https://ronlieber.com/books/the-price-you-pay-for-college/Recycle and gift cards or coupons: https://finance.yahoo.com/news/target-amazon-4-more-retailers-200024608.html#aoh=16448433239452&csi=1&referrer=https%3A%2F%2Fwww.google.com&amp_tf=From%20%251%24s&ampshare=https%3A%2F%2Ffinance.yahoo.com%2Fnews%2Ftarget-amazon-4-more-retailers-200024608.htmlMonroe County Job Fair – in Amory February 24th. Louis

According to a report from the Federal Trade Commission: Romance Scammers Steal a Record 547 Million Dollars. Adults 70 and older had $9,000 median loss in 2021. Money Talks wants to make sure the person that steels your heart doesn’t steel your wallet.  https://www.ftc.gov/news-events/blogs/data-spotlight/2022/02/reports-romance-scams-hit-record-highs-2021?utm_source=govdeliveryYou can help stop scammers by reporting suspicious profiles or messages to the dating app or social media platform where you found them. Then, tell the FTC at https://reportfraud.ftc.gov/#/If you are the victim of a romance scam, report it to the FBI and your financial institution. In some cases, money that victims sent by wire can be recovered if the fraud is immediately reported. You can learn more about romance scams at the website: https://www.consumer.ftc.gov/articles/what-you-need-know-about-romance-scamsRyder mentions:Tinder Swindler Official Trailer https://www.youtube.com/watch?v=_R3LWM_Vt70Coin Desk https

We’ve got a guest on the show who has a very particular set of skills, skills he has acquired over a very long career, skills that make him . . . a fantastic guest for Money Talks. District Manager for Social Security, Shawn Mercer. Shawn answers social  security questions while Nancy and Ryder take personal finance questions. Many questions can be answered from information found on the Social Security website: https://www.ssa.gov/On the SSA website you can also find information about Emergency Assistance for Homeowners and Renters. If you’re a renter, a homeowner, or landlord look through their information to see if you qualify for help.That national phone number is 1-800-772-1213 if you need to call or call your local SSA office. Consider following Social Security on social media. There are tweets about current events, protecting your identity, and reminders on what Social Security is all about. Calls: how much can you make after your retireoutstanding debt to Social Securitywhat to know

The Mississippi House approved a bill last month to phase out the personal income tax, reduce the grocery tax and increase the state sales tax on most items. What do you think? We’ll learn about the measure with our guest Dr. Brian Pugh, Executive Director for the Stennis Center for Public Service author of the book “Chaos and Compromise: The Evolution of the Mississippi Budgeting Process”. https://stennis.gov/about-us/stennis-center-staff/dr-brian-pugh-biography/House Bill 531- phasing out the personal state income tax - The Mississippi Tax Freedom Act of 2022  http://billstatus.ls.state.ms.us/2022/pdf/history/HB/HB0531.xmlNews reports:https://www.clarionledger.com/story/news/politics/2022/01/12/philip-gunns-plan-cut-mississippi-income-taxes-ready-vote/9176793002/https://www.supertalk.fm/mississippi-house-of-representatives-votes-to-eliminate-income-tax/https://www.natlawreview.com/article/mississippi-house-revisits-income-tax-phase-out-2022https://www.usnews.com/news/best-states/mississippi/artic