Finance Explained by Family Finance Mom: Recent Episodes

Meghan | Family Finance Mom

Finance Explained brings you the financial and economic news you need each week, along with an explanation of what it all means in a way everyone can understand, and more importantly, why it matters to YOU!

Why did the market sell-off this week? Why is everyone suddenly worried about inflation? Why are interest rates rising or falling... and what you need to know about how it could impact your family’s finances.

Welcome to Finance Explained… helping women everywhere build financial literacy and make better decisions for themselves, their families and their futures.

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At the request of Family Finance Mom followers, I am now posting LIVE Q&A replays as podcast episodes! To submit your question, be sure to follow me ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@FamilyFinanceMom on Instagram⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Look for the question box in my stories ahead of LIVE Q&A every Wednesday at 9AM ET.

For full show notes, visit ...

Today’s topics included:
🐷 Pros/cons of employee stock purchase plans?
🐷 Is it better to have separate 529s for each child or only one?
🐷 How to plan for large expected expenses during retirement?
🐷 Latest inflation data points
🐷 Impact of insurance on inflation
🐷 Best non-partisan data sources for evaluating political policies or proposals

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--- Send in a voice message: https://podcasters.spotify.com/pod/show/familyfinancemom/message

View Details

At the request of Family Finance Mom followers, I am now posting LIVE Q&A replays as podcast episodes! To submit your question, be sure to follow me ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@FamilyFinanceMom on Instagram⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Look for the question box in my stories ahead of LIVE Q&A every Wednesday at 9AM ET.

For full show notes, visit https://familyfinancemom.com/bidenomics-impact-on-election-2024/

Today’s topics included:
🐷 Worried about getting out of the current negative cycle: spending less, businesses lay off people, who spend less… how does it stop?
🐷 Discover/CapitalOne merger. Will this be stopped like the JetBlue/Spirit deal?
🐷 Is the economy likely to rise under a second Biden term? Lots of factors, but what’s your take?

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YouTube: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.youtube.com/@familyfinancemom ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

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Get the weekly newsletter here: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠http://eepurl.com/gblbY9⁠⁠⁠⁠⁠⁠

--- Send in a voice message: https://podcasters.spotify.com/pod/show/familyfinancemom/message

View Details

At the request of Family Finance Mom followers, I am now posting LIVE Q&A replays as podcast episodes! To submit your question, be sure to follow me ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@FamilyFinanceMom on Instagram⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Look for the question box in my stories ahead of LIVE Q&A every Wednesday at 9AM ET.

For full show notes, visit https://familyfinancemom.com/term-vs-whole-life-insurance/

Today’s topics included:
🐷 Insurance: do I need disability insurance? What about term life insurance if I have kids?
🐷 My parents have a sizeable portfolio. Is a management fee worth it or continue to manage themselves?
🐷 Is investing in a CFP certification worth it if I want to be in personal finance field as a career?
🐷 I feel lost in 529 plans. Live in Texas, so no state income tax deduction. Is growth tax free?
🐷 My mom says I should contribute more to my 401k now than a Roth because my income is more now than it will be in retirement. Is her thinking right?

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YouTube: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.youtube.com/@familyfinancemom ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

Twitter: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://twitter.com/financemom1⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

Get the weekly newsletter here: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠http://eepurl.com/gblbY9⁠⁠⁠⁠⁠⁠

--- Send in a voice message: https://podcasters.spotify.com/pod/show/familyfinancemom/message

View Details

At the request of Family Finance Mom followers, I am now posting LIVE Q&A replays as podcast episodes! To submit your question, be sure to follow me ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@FamilyFinanceMom on Instagram⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Look for the question box in my stories ahead of LIVE Q&A every Wednesday at 9AM ET.

For full show notes, visit https://familyfinancemom.com/how-do-roth-iras-work/

Today’s topics included:
🐷 Private equity firms are investing in accounting firms - why?
🐷 How can I calculate if a pension is worth staying at my job for vs earning a higher salary and investing for myself elsewhere?
🐷 My Roth account has an advisor who gets a cut. How can I switch it to one that I control?
🐷 If you are “young”, do you put more money in a Roth IRA or a Traditional IRA?
🐷 How do you see sustainable investing transforming the Real Estate and Energy sectors in the next decade?

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YouTube: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.youtube.com/@familyfinancemom ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

Twitter: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://twitter.com/financemom1⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

Get the weekly newsletter here: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠http://eepurl.com/gblbY9⁠⁠⁠⁠⁠⁠

--- Send in a voice message: https://podcasters.spotify.com/pod/show/familyfinancemom/message

View Details

At the request of Family Finance Mom followers, I am now posting LIVE Q&A replays as podcast episodes! To submit your question, be sure to follow me ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@FamilyFinanceMom on Instagram⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Look for the question box in my stories ahead of LIVE Q&A every Wednesday at 9AM ET.

For full show notes, visit https://familyfinancemom.com/long-term-care-insurance/

Today’s topics included:
🐷 Long-term care insurance - how to know insurance provider will be around to pay policy in 20-30 years?
🐷 Where to invest money for kids they will need in 7 years?
🐷 Should you pre-pay and pre-plan for funeral services?
🐷 Fed meeting TODAY!
🐷 Big Tech earnings miss weighing on stock market

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YouTube: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.youtube.com/@familyfinancemom ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

Twitter: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://twitter.com/financemom1⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

Get the weekly newsletter here: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠http://eepurl.com/gblbY9⁠⁠⁠⁠⁠⁠

--- Send in a voice message: https://podcasters.spotify.com/pod/show/familyfinancemom/message

View Details

At the request of Family Finance Mom followers, I am now posting LIVE Q&A replays as podcast episodes! To submit your question, be sure to follow me ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@FamilyFinanceMom on Instagram⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Look for the question box in my stories ahead of LIVE Q&A every Wednesday at 9AM ET.

For full show notes, visit https://familyfinancemom.com/is-commercial-real-estate-in-trouble/

Today’s topics included:
🐷 Should you rollover your old 401ks?
🐷 Any long term risks of buying a house in this market?
🐷 I used Mint for years for tracking spending, budgeting - any free program to use going forward?
🐷 How commercial real estate market potentially impacts economy as office leases end?
🐷 Thoughts on the Magnificent Seven stocks in general

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YouTube: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.youtube.com/@familyfinancemom ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

Twitter: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://twitter.com/financemom1⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

Get the weekly newsletter here: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠http://eepurl.com/gblbY9⁠⁠⁠⁠⁠⁠

--- Send in a voice message: https://podcasters.spotify.com/pod/show/familyfinancemom/message

View Details

At the request of Family Finance Mom followers, I am now posting LIVE Q&A replays as podcast episodes! To submit your question, be sure to follow me ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@FamilyFinanceMom on Instagram⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Look for the question box in my stories ahead of LIVE Q&A every Wednesday at 9AM ET.

For full show notes, visit https://familyfinancemom.com/antitrust-laws-soft-landings-and-savings-rates/⁠⁠

Today’s topics included:
🐷 JetBlue / Spirit merger: do you think they will try for approval again under a different administration?
🐷 How to understand all this talk of a soft landing vs no soft landing from the Fed?
🐷 Advice on starting to teach financial skills to young kids (preschool, early elementary)
🐷 What is included in a savings rate calculation?

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Instagram: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.instagram.com/familyfinancemom/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

YouTube: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.youtube.com/@familyfinancemom ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

Twitter: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://twitter.com/financemom1⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

Get the weekly newsletter here: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠http://eepurl.com/gblbY9⁠⁠⁠⁠⁠⁠

--- Send in a voice message: https://podcasters.spotify.com/pod/show/familyfinancemom/message

View Details

At the request of Family Finance Mom followers, I am now posting LIVE Q&A replays as podcast episodes! To submit your question, be sure to follow me ⁠⁠⁠⁠⁠⁠⁠⁠⁠@FamilyFinanceMom on Instagram⁠⁠⁠⁠⁠⁠⁠⁠⁠. Look for the question box in my stories ahead of LIVE Q&A every Wednesday at 9AM ET.

For full show notes, visit https://familyfinancemom.com/us-economy-2024/

Today’s topics included:
🐷 2023 market recap and what to look for in 2024
🐷 If 2% is Fed’s inflation target, do they have a target interest rate to reach it?
🐷 How much has inflation collectively impacted grocery budgets in last few years?
🐷 Government budget debate, deadlines and why it matters
🐷 Commercial real estate vacancy rates at all time highs - why that’s a risk for banks and broader economy

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YouTube: ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.youtube.com/@familyfinancemom ⁠⁠⁠⁠⁠⁠⁠⁠⁠

Twitter: ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://twitter.com/financemom1⁠⁠⁠⁠⁠⁠⁠⁠⁠

Get the weekly newsletter here: ⁠⁠⁠⁠⁠⁠⁠⁠⁠http://eepurl.com/gblbY9⁠⁠⁠⁠⁠⁠

--- Send in a voice message: https://podcasters.spotify.com/pod/show/familyfinancemom/message

View Details

At the request of Family Finance Mom followers, I am now posting LIVE Q&A replays as podcast episodes! To submit your question, be sure to follow me ⁠⁠⁠⁠⁠⁠⁠⁠@FamilyFinanceMom on Instagram⁠⁠⁠⁠⁠⁠⁠⁠. Look for the question box in my stories ahead of LIVE Q&A every Wednesday at 9AM ET.

For full show notes, visit https://familyfinancemom.com/allowance-for-kids/

Today’s topics included:
🐷 Biden’s recent round of student loan forgiveness. Who? how? Is it legal?
🐷 Opinions on allowance for kids
🐷 What is a car tax?
🐷 What is tokenization?
🐷 Fed meeting today
🐷 National debt and recent treasury auctions

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Follow Family Finance Mom everywhere...

Instagram: ⁠⁠⁠⁠⁠⁠⁠⁠https://www.instagram.com/familyfinancemom/⁠⁠⁠⁠⁠⁠⁠⁠

YouTube: ⁠⁠⁠⁠⁠⁠⁠⁠https://www.youtube.com/@familyfinancemom ⁠⁠⁠⁠⁠⁠⁠⁠

Twitter: ⁠⁠⁠⁠⁠⁠⁠⁠https://twitter.com/financemom1⁠⁠⁠⁠⁠⁠⁠⁠

Get the weekly newsletter here: ⁠⁠⁠⁠⁠⁠⁠⁠http://eepurl.com/gblbY9⁠⁠⁠⁠⁠⁠

--- Send in a voice message: https://podcasters.spotify.com/pod/show/familyfinancemom/message

View Details

At the request of Family Finance Mom followers, I am now posting LIVE Q&A replays as podcast episodes! To submit your question, be sure to follow me ⁠⁠⁠⁠⁠⁠⁠@FamilyFinanceMom on Instagram⁠⁠⁠⁠⁠⁠⁠. Look for the question box in my stories ahead of LIVE Q&A every Wednesday at 9AM ET.

For full show notes, visit https://familyfinancemom.com/economy-2024-and-how-to-prepare-for-a-job-loss/

Today’s topics included:
🐷 My job announced layoffs in Q1 2024. What should I do to prepare?
🐷 I read some finance headline the Fed will lower rate five times - is that just Clickbait? it seems off
🐷 I’ve heard some are worried about what will happen when boomers pull out of the stock market, but won’t that money be using the economy so it will all work out OK?
🐷 should I transfer my credit card balance and open a new card offering no interest interest for 18 months?
🐷 Are rising rates from the Fed correlated to higher money market returns?
🐷 Best way to track commodities?
🐷 Any book recommendations for 12yo interested in learning about investing?
🐷 Is there still a good chance we will go into a significant recession?

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Twitter: ⁠⁠⁠⁠⁠⁠⁠https://twitter.com/financemom1⁠⁠⁠⁠⁠⁠⁠

Get the weekly newsletter here: ⁠⁠⁠⁠⁠⁠⁠http://eepurl.com/gblbY9⁠⁠⁠⁠⁠⁠

--- Send in a voice message: https://podcasters.spotify.com/pod/show/familyfinancemom/message

View Details

At the request of Family Finance Mom followers, I am now posting LIVE Q&A replays as podcast episodes! To submit your question, be sure to follow me ⁠⁠⁠⁠⁠⁠@FamilyFinanceMom on Instagram⁠⁠⁠⁠⁠⁠. Look for the question box in my stories ahead of LIVE Q&A every Wednesday at 9AM ET.

For full show notes, visit https://familyfinancemom.com/teaching-kids-the-value-of-money/

Today’s topics included:
🐷 What’s your favorite spreadsheet to start a budget?
🐷 Can you recommend a personal finance and investing book for a young couple?
🐷 What is the most important thing you feel today’s children need to learn or be prepared for?
🐷 Understanding the different home price measures

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Instagram: ⁠⁠⁠⁠⁠⁠https://www.instagram.com/familyfinancemom/⁠⁠⁠⁠⁠⁠

YouTube: ⁠⁠⁠⁠⁠⁠https://www.youtube.com/@familyfinancemom ⁠⁠⁠⁠⁠⁠

Twitter: ⁠⁠⁠⁠⁠⁠https://twitter.com/financemom1⁠⁠⁠⁠⁠⁠

Get the weekly newsletter here: ⁠⁠⁠⁠⁠⁠http://eepurl.com/gblbY9⁠⁠⁠⁠⁠⁠

--- Send in a voice message: https://podcasters.spotify.com/pod/show/familyfinancemom/message

View Details

At the request of Family Finance Mom followers, I am now posting LIVE Q&A replays as podcast episodes! To submit your question, be sure to follow me ⁠⁠⁠⁠⁠@FamilyFinanceMom on Instagram⁠⁠⁠⁠⁠. Look for the question box in my stories ahead of LIVE Q&A every Wednesday at 9AM ET.

Share ⁠⁠⁠your finance stories here!⁠⁠⁠

For full show notes, visit https://familyfinancemom.com/budgeting-for-the-holidays/

Today’s topics included:

Today’s topics included:
🐷 When do you expect HELOC rates to go down? My payments have doubled
🐷 Help with language to use this holiday season if our budget is tight to not insult others
🐷 Good account to set up for kids’ savings
🐷 Those spending money freely - are there stats to show it’s those with low interest or no mortgage?
🐷 What does Shelter include in the CPI?
🐷 How to learn more about 529 plans?
🐷 How do you read news numbers on Dow, S&P, Nasdaq updates?
🐷 Keep hearing about people laid off. Where are they all going to work?

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Instagram: ⁠⁠⁠⁠⁠https://www.instagram.com/familyfinancemom/⁠⁠⁠⁠⁠

YouTube: ⁠⁠⁠⁠⁠https://www.youtube.com/@familyfinancemom ⁠⁠⁠⁠⁠

Twitter: ⁠⁠⁠⁠⁠https://twitter.com/financemom1⁠⁠⁠⁠⁠

Get the weekly newsletter here: ⁠⁠⁠⁠⁠http://eepurl.com/gblbY9⁠⁠⁠⁠⁠

--- Send in a voice message: https://podcasters.spotify.com/pod/show/familyfinancemom/message

View Details

At the request of Family Finance Mom followers, I am now posting LIVE Q&A replays as podcast episodes! To submit your question, be sure to follow me ⁠⁠⁠⁠@FamilyFinanceMom on Instagram⁠⁠⁠⁠. Look for the question box in my stories ahead of LIVE Q&A every Wednesday at 9AM ET.

Share ⁠⁠your finance stories here!⁠⁠

For full show notes, visit https://familyfinancemom.com/us-consumer-credit-rising/

Today’s topics included:
🐷 Can I use a 529 plan for a child who is not legally mine?
🐷 How to save on school photos
🐷 How the more you learn about finance the more you understand even in mainstream media - examples: Pain Hustlers movie on Netflix, WeWork bankruptcy this week, Trump civil trial ongoing in NY
🐷 Commercial real estate concerns
🐷 Difference between a financial planner and a financial advisor
🐷 Consumer credit hits all time high & what 🚩 it’s showing

___________________

Follow Family Finance Mom everywhere...

Instagram: ⁠⁠⁠⁠https://www.instagram.com/familyfinancemom/⁠⁠⁠⁠

YouTube: ⁠⁠⁠⁠https://www.youtube.com/@familyfinancemom ⁠⁠⁠⁠

Twitter: ⁠⁠⁠⁠https://twitter.com/financemom1⁠⁠⁠⁠

Get the weekly newsletter here: ⁠⁠⁠⁠http://eepurl.com/gblbY9⁠⁠⁠⁠

--- Send in a voice message: https://podcasters.spotify.com/pod/show/familyfinancemom/message

View Details

At the request of Family Finance Mom followers, I am now posting LIVE Q&A replays as podcast episodes! To submit your question, be sure to follow me ⁠⁠⁠@FamilyFinanceMom on Instagram⁠⁠⁠. Look for the question box in my stories ahead of LIVE Q&A every Wednesday at 9AM ET.

Shareyour finance stories here!

For full show notes, visit https://familyfinancemom.com/rising-interest-rates/

Today’s topics included:

🐷 Why “nonfarm payrolls” when discussing employment data?
🐷 Do you recommend closing credit cards to curb spending in the current economy?
🐷 Thoughts on using “velocity banking” method to pay down debt?
🐷 Is a HELOC a bad idea?
🐷 Can companies be incentivized to lower profits to help inflation?
🐷 Fed decision

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Instagram: ⁠⁠⁠https://www.instagram.com/familyfinancemom/⁠⁠⁠

YouTube: ⁠⁠⁠https://www.youtube.com/@familyfinancemom ⁠⁠⁠

Twitter: ⁠⁠⁠https://twitter.com/financemom1⁠⁠⁠

Get the weekly newsletter here: ⁠⁠⁠http://eepurl.com/gblbY9⁠⁠⁠

--- Send in a voice message: https://podcasters.spotify.com/pod/show/familyfinancemom/message

View Details

At the request of Family Finance Mom followers, I am now posting LIVE Q&A replays as podcast episodes! To submit your question, be sure to follow me ⁠⁠@FamilyFinanceMom on Instagram⁠⁠. Look for the question box in my stories ahead of LIVE Q&A every Wednesday at 9AM ET.

Today’s topics included:
🐷 Do you think we still have a chance for a Q4 rally?
🐷 How can the federal deficit be 3x what was predicted? Like how can it be a surprise?
🐷 Is there ANY hope to fix the national debt and deficit issue at this point? Feels completely out of control
🐷 Should a family max out HSA contributions if possible? Is that a smart investment?
🐷 WWYD: payoff mortgage (3.1% rate) or invest for down payment on new home in 5-7 years?
🐷 Thoughts on whether the Fed will continue to hike interest rates?
🐷 What are WARN notices?
🐷 What would it take to pull back on international aid for conflicts, like those in Ukraine?

For full show notes, visit https://familyfinancemom.com/federal-deficits-explained/

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Instagram: ⁠⁠https://www.instagram.com/familyfinancemom/⁠⁠

YouTube: ⁠⁠https://www.youtube.com/@familyfinancemom ⁠⁠

Twitter: ⁠⁠https://twitter.com/financemom1⁠⁠

Get the weekly newsletter here: ⁠⁠http://eepurl.com/gblbY9⁠⁠

--- Send in a voice message: https://podcasters.spotify.com/pod/show/familyfinancemom/message

View Details

At the request of Family Finance Mom followers, I am now posting LIVE Q&A replays as podcast episodes! To submit your question, be sure to follow me ⁠@FamilyFinanceMom on Instagram⁠. Look for the question box in my stories ahead of LIVE Q&A every Wednesday at 9AM ET.

Today’s topics included:
🐷 why is GDP growth positive but earning growth hasn’t been over the last year?
🐷 can you tell us how you calculate the $1400/mo impact to budgets from inflation?
🐷 why would a PE firm grade their debt in a company that is going bankrupt for equity?
🐷 your personal thoughts on an upcoming recession?
🐷 will there be more foreclosures?

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Instagram: ⁠https://www.instagram.com/familyfinancemom/⁠

YouTube: ⁠https://www.youtube.com/@familyfinancemom ⁠

Twitter: ⁠https://twitter.com/financemom1⁠

Get the weekly newsletter here: ⁠http://eepurl.com/gblbY9⁠

--- Send in a voice message: https://podcasters.spotify.com/pod/show/familyfinancemom/message

View Details

At the request of Family Finance Mom followers, I am now posting LIVE Q&A replays as podcast episodes! To submit your question, be sure to follow me ⁠@FamilyFinanceMom on Instagram⁠. Look for the question box in my stories ahead of LIVE Q&A every Wednesday at 9AM ET.

Today’s topics included:
🐷 War and its economic and financial implications
🐷 What is core vs headline inflation?
🐷 Best way to build back an emergency fund quickly?
🐷 JOLTS report - how is data collected? Could it be double counting job postings?
🐷 Do you foresee layoffs coming in Q423 or Q124? How bad will it get if so?
🐷 If I max out 401k, what’s next? Late 30s, high risk tolerance.
🐷 Why do some investment vehicles have classes within them?
🐷 Why are bank stocks underperforming?

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At the request of Family Finance Mom followers, I am now posting LIVE Q&A replays as podcast episodes! To submit your question, be sure to follow me ⁠@FamilyFinanceMom on Instagram⁠. Look for the question box in my stories ahead of LIVE Q&A every Wednesday at 9AM ET.

Today’s topics included:
🐷 What should the role of the government be in the economy?
🐷 Will the government step in if people cannot afford houses?
🐷 Is everything being unaffordable (housing, car, education) here to stay?
🐷 What happens to voting rights of shares bought by ETFs and mutual fund companies?
🐷 Should parents with small kids be factoring in the possibility of free college in a savings strategy?
🐷 Is it worth saving in a Roth IRA after reaching CoastFI status?

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View Details

At the request of Family Finance Mom followers, I am now posting LIVE Q&A replays as podcast episodes! To submit your question, be sure to follow me ⁠⁠@FamilyFinanceMom on Instagram⁠⁠. Look for the question box in my stories ahead of LIVE Q&A every Wednesday at 9AM ET.

This week also features a BONUS interview with Clint Henderson of The Points Guy:

Clint Henderson worked in broadcast news for over two decades -- including stints at ABC News, Fox and MSNBC -- before landing his dream job at TPG in 2019. He was raised in California and Montana but has called New York home for more than 20 years.

Clint has been featured on ABC, CBS, CNN, Bloomberg, and in print in The Wall Street Journal, the New York Post, and Yahoo Finance among other outlets and publications. He flies 100,000 miles a year and has written stories about numerous destinations… and today he’s here to share about using credit card rewards to boost your family budget, as well as why credit card points are now at risk of going away.

For more on The Points Guy, and legislation threatening your credit card rewards:

https://handsoffmyrewards.com/

https://thepointsguy.com/protect-your-points/

______________

Today’s Q&A topics included:

🐷 Can you give background on the childcare crisis? What is the impact to the economy and how to prepare personally?

🐷 Advice for financial inheritance: but rental properties vs invest?
🐷 Will PCE Price Index increase again this month?
🐷 Thoughts on viral social media “silent depression” concept

🐷 Not seeing the outlook on an IRA… why not cash out now with penalties and lower tax rates?
🐷 Dealership wants to charge 2% for using a credit card for repairs. Alternatives for payment?

___________________

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YouTube: ⁠⁠https://www.youtube.com/@familyfinancemom ⁠⁠

Twitter: ⁠⁠https://twitter.com/financemom1⁠⁠

Get the weekly newsletter here: ⁠⁠http://eepurl.com/gblbY9⁠⁠

--- Send in a voice message: https://podcasters.spotify.com/pod/show/familyfinancemom/message

View Details

At the request of Family Finance Mom followers, I am now posting LIVE Q&A replays as podcast episodes! To submit your question, be sure to follow me ⁠@FamilyFinanceMom on Instagram⁠. Look for the question box in my stories ahead of LIVE Q&A every Wednesday at 9AM ET.

______________

Today’s topics included:
🐷 Thoughts on buying T-bills directly from the government?
🐷 Do I need a Trust?

🐷 What are EuroDollar futures?
🐷 What’s your best advice for someone with no retirement savings and 60 years old?
🐷 What are calls/puts?
🐷 Will recession come before Presidential election?
🐷 Should I pay off student loans or wait for forgiveness?
🐷 Are we increasing housing supply to reduce prices?

___________________

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Twitter: ⁠https://twitter.com/financemom1⁠

Get the weekly newsletter here: ⁠http://eepurl.com/gblbY9⁠

--- Send in a voice message: https://podcasters.spotify.com/pod/show/familyfinancemom/message

View Details

At the request of Family Finance Mom followers, I am now posting LIVE Q&A replays as podcast episodes! To submit your question, be sure to follow me @FamilyFinanceMom on Instagram. Look for the question box in my stories ahead of LIVE Q&A every Wednesday at 9AM ET.

______________

Today’s topics included:
🐷 What data are you looking to to discern the economic effects of restarting student loan payments?
🐷 529s: can now transfer to Roth IRAs? transfer between siblings? When did this happen?
🐷 Are IPOs wise for individual investors?
🐷 What is a hedge fund and is it comparable to a mutual fund or ETF?

___________________

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Send in a voice message: https://podcasters.spotify.com/pod/show/familyfinancemom/message

View Details

At the request of Family Finance Mom followers, I am now posting Monday & Wednesday LIVE Q&A replays as podcast episodes! To submit your question, be sure to follow me @FamilyFinanceMom on Instagram. Look for the question box in my stories ahead of LIVE Q&A every Monday and Wednesday at 9AM ET.

Today's Q&A replay is sponsored by the Family Finance Mom Economic Workshop series. Build your economic literacy with a 6 workshop series to learn what causes economic cycles, how the free market works, the impact of human behavior on the economy and more. Knowledge builds confidence and empowers you to make better decisions for you, your family and your future.

ENROLL NOW: http://familyfinancemom.teachable.com/p/economics-workshop-series

______________

Today’s topics included:
🐷 Do you think interest rates will decrease by early 2024? What indicators can we look for?
🐷 Newbie trying to figure out an account set up for me at UBS. Pros/cons vs Fidelity or Vanguard?
🐷 What does the failure or buyout of First Republic mean for the rest of banks?
🐷 Rumor that it’s possible mortgage rates could reach 13% in 2024, thoughts?

___________________

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Get the weekly newsletter here: http://eepurl.com/gblbY9

--- Send in a voice message: https://podcasters.spotify.com/pod/show/familyfinancemom/message

View Details

At the request of Family Finance Mom followers, I am now posting Monday & Wednesday LIVE Q&A replays as podcast episodes! To submit your question, be sure to follow me @FamilyFinanceMom on Instagram. Look for the question box in my stories ahead of LIVE Q&A every Monday and Wednesday at 9AM ET.

Today's Q&A replay is sponsored by the Family Finance Mom Economic Workshop series. Build your economic literacy with a 6 workshop series to learn what causes economic cycles, how the free market works, the impact of human behavior on the economy and more. Knowledge builds confidence and empowers you to make better decisions for you, your family and your future.

ENROLL NOW: http://familyfinancemom.teachable.com/p/economics-workshop-series

______________

Today’s topics included:
🐷 What’s all the buzz around the dollar? Is the dollar going to end?
🐷 Will all mortgage loans be affected by the increase in % with a high FICO score?
🐷 Best investment for a minor, but not an IRA or 529 plan
🐷 What will happen with housing when baby boomers start to pass and leave their homes?
🐷 What is a clearing house?
🐷 Favorite kids’ debit/savings app?

___________________

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Get the weekly newsletter here: http://eepurl.com/gblbY9

--- Send in a voice message: https://podcasters.spotify.com/pod/show/familyfinancemom/message

View Details

At the request of Family Finance Mom followers, I am now posting Monday & Wednesday LIVE Q&A replays as podcast episodes! To submit your question, be sure to follow me @FamilyFinanceMom on Instagram. Look for the question box in my stories ahead of LIVE Q&A every Monday and Wednesday at 9AM ET.

Today's Q&A replay is sponsored by the Family Finance Mom Economic Workshop series. Build your economic literacy with a 6 workshop series to learn what causes economic cycles, how the free market works, the impact of human behavior on the economy and more. Knowledge builds confidence and empowers you to make better decisions for you, your family and your future.

ENROLL NOW: http://familyfinancemom.teachable.com/p/economics-workshop-series

______________

Today’s topics included…
Today’s topics included:
🐷 Updates on debt ceiling & approaching deadline
🐷 Employer now offers a Roth 401k - which is better? Or both?
🐷 What is a cash sweep?
🐷 Difference between a broker & financial advisor?
🐷 What is most important for high school seniors to understand economically?

https://familyfinancemom.com/how-to-prepare-for-college-financially/

___________________

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Get the weekly newsletter here: http://eepurl.com/gblbY9

--- Send in a voice message: https://podcasters.spotify.com/pod/show/familyfinancemom/message

View Details

At the request of Family Finance Mom followers, I am now posting Monday & Wednesday LIVE Q&A replays as podcast episodes! To submit your question, be sure to follow me @FamilyFinanceMom on Instagram. Look for the question box in my stories ahead of LIVE Q&A every Monday and Wednesday at 9AM ET.

Today's Q&A replay is sponsored by the Family Finance Mom Economic Workshop series. Build your economic literacy with a 6 workshop series to learn what causes economic cycles, how the free market works, the impact of human behavior on the economy and more. Knowledge builds confidence and empowers you to make better decisions for you, your family and your future.

ENROLL NOW: http://familyfinancemom.teachable.com/p/economics-workshop-series

______________

Today’s topics included…
🐷 The facts about Biden Administration changes to mortgage rates and fees
🐷 CDs vs HYSAs
🐷 Long-term disability insurance
🐷 Annuities - how they work, pros and cons
🐷 If GDP is 2/3s consumer spending, what is the rest?
🐷 Reading Panic… how do arbitrage and portfolio insurance work?

___________________

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Instagram: https://www.instagram.com/familyfinancemom/

YouTube: https://www.youtube.com/@familyfinancemom

Twitter: https://twitter.com/financemom1

Get the weekly newsletter here: http://eepurl.com/gblbY9

--- Send in a voice message: https://podcasters.spotify.com/pod/show/familyfinancemom/message

View Details

At the request of Family Finance Mom followers, I am now posting Monday & Wednesday LIVE Q&A replays as podcast episodes! To submit your question, be sure to follow me @FamilyFinanceMom on Instagram. Look for the question box in my stories ahead of LIVE Q&A every Monday and Wednesday at 9AM ET.

Today's Q&A replay is sponsored by the Family Finance Mom Economic Workshop series. Build your economic literacy with a 6 workshop series to learn what causes economic cycles, how the free market works, the impact of human behavior on the economy and more. Knowledge builds confidence and empowers you to make better decisions for you, your family and your future.

ENROLL NOW: http://familyfinancemom.teachable.com/p/economics-workshop-series

______________

Today’s topics included…
🐷Why is rising unemployment a “good” thing for inflation? Vs. rising interest rates?
🐷 Ways to account for inflation in day-to-day life?
🐷 Can you please explain “seasonally adjusted” when looking at data?
🐷 My Vanguard account is FDIC insured - are they a bank or is another organization acting as their bank?
🐷 Should we be concerned by countries moving away from the US dollar?
🐷 How are real estate bonds different from other bonds?

___________________

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Instagram: https://www.instagram.com/familyfinancemom/

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Twitter: https://twitter.com/financemom1

Get the weekly newsletter here: http://eepurl.com/gblbY9

--- Send in a voice message: https://podcasters.spotify.com/pod/show/familyfinancemom/message

View Details

At the request of Family Finance Mom followers, I am now posting Monday & Wednesday LIVE Q&A replays as podcast episodes! To submit your question, be sure to follow me @FamilyFinanceMom on Instagram. Look for the question box in my stories ahead of LIVE Q&A every Monday and Wednesday at 9AM ET.

Today's Q&A replay is sponsored by the Family Finance Mom Economic Workshop series. Build your economic literacy with a 6 workshop series to learn what causes economic cycles, how the free market works, the impact of human behavior on the economy and more. Knowledge builds confidence and empowers you to make better decisions for you, your family and your future.

ENROLL NOW: http://familyfinancemom.teachable.com/p/economics-workshop-series

______________

Today’s topics include:
🐷 Dedollarization - what does it mean and what are the risks to the US?
🐷 FedNow - what is it and will it eventually do away with Zelle, PayPal, Venmo?
🐷 Do you think the Fed will ever make a recession announcement?
🐷 Debt free other than home - is it better to max out retirement or prioritize paying off home?
🐷 How should we think about withholding taxes?
🐷 Do you feel like we are heading for a big recession?

___________________

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Instagram: https://www.instagram.com/familyfinancemom/

YouTube: https://www.youtube.com/@familyfinancemom

Twitter: https://twitter.com/financemom1

Get the weekly newsletter here: http://eepurl.com/gblbY9

--- Send in a voice message: https://podcasters.spotify.com/pod/show/familyfinancemom/message

View Details

At the request of Family Finance Mom followers, I am now posting Monday & Wednesday LIVE Q&A replays as podcast episodes! To submit your question, be sure to follow me @FamilyFinanceMom on Instagram. Look for the question box in my stories ahead of LIVE Q&A every Monday and Wednesday at 9AM ET.

Today's Q&A replay is sponsored by the Family Finance Mom Economic Workshop series. Build your economic literacy with a 6 workshop series to learn what causes economic cycles, how the free market works, the impact of human behavior on the economy and more. Knowledge builds confidence and empowers you to make better decisions for you, your family and your future.

ENROLL NOW: http://familyfinancemom.teachable.com/p/economics-workshop-series

______________

Today’s topics included:
🐷 What is the best method to pay down credit card debt?
🐷 Why do we keep bailing out banks?
🐷 Do you prefer stocks or ETFs?
🐷 How do you value a local small business in order to sell it?
🐷 Best place to invest in this crazy market?

___________________

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Instagram: https://www.instagram.com/familyfinancemom/

YouTube: https://www.youtube.com/@familyfinancemom

Twitter: https://twitter.com/financemom1

Get the weekly newsletter here: http://eepurl.com/gblbY9

--- Send in a voice message: https://podcasters.spotify.com/pod/show/familyfinancemom/message

View Details

At the request of Family Finance Mom followers, I am now posting Monday & Wednesday LIVE Q&A replays as podcast episodes! To submit your question, be sure to follow me @FamilyFinanceMom on Instagram. Look for the question box in my stories ahead of LIVE Q&A every Monday and Wednesday at 9AM ET.

Today's Q&A replay is sponsored by the Family Finance Mom Economic Workshop series. Build your economic literacy with a 6 workshop series to learn what causes economic cycles, how the free market works, the impact of human behavior on the economy and more. Knowledge builds confidence and empowers you to make better decisions for you, your family and your future.

ENROLL NOW: http://familyfinancemom.teachable.com/p/economics-workshop-series

______________

Today’s topics include:
🐷 What roles if any did the loosening of Dodd Frank play in the SVB failure?
🐷 Do the bonuses the SVB execs receive last year have to be returned?
🐷 Is whole life insurance a good retirement option? What are the tax advantages?
🐷 I have a Roth IRA through Betterment. Do they charge high fees?
🐷 How do you determine how long to buy a CD for in this current environment?
🐷 Are funds active or passive by design or by how they are managed? can a fund be both?
🐷 What is the difference between a security and a treasury?
🐷 Thoughts on the new retirement debate and bill vetoed by President Biden?
🐷 Thoughts on cost per wear?
🐷 My husband is considering a job change into land sales. Could you talk about how land price cycles vary or correlate with traditional real estate or overall economic cycle?

___________________

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Instagram: https://www.instagram.com/familyfinancemom/

YouTube: https://www.youtube.com/@familyfinancemom

Twitter: https://twitter.com/financemom1

Get the weekly newsletter here: http://eepurl.com/gblbY9

--- Send in a voice message: https://anchor.fm/familyfinancemom/message

View Details

At the request of Family Finance Mom followers, I am now posting Monday & Wednesday LIVE Q&A replays as podcast episodes! To submit your question, be sure to follow me @FamilyFinanceMom on Instagram. Look for the question box in my stories ahead of LIVE Q&A every Monday and Wednesday at 9AM ET.

Today's Q&A replay is sponsored by the Family Finance Mom Economic Workshop series. Build your economic literacy with a 6 workshop series to learn what causes economic cycles, how the free market works, the impact of human behavior on the economy and more. Knowledge builds confidence and empowers you to make better decisions for you, your family and your future.

ENROLL NOW: http://familyfinancemom.teachable.com/p/economics-workshop-series

______________

Today’s topics included:
🐷 I thought SVB was a unique situation. Why are we seeing more trouble in banking?
🐷 Best tips for preparing to go from 2 incomes to one - 5 months to prepare
🐷 What role do Moody’s and S&P play in regard to banking/finance?
🐷 Will the strategy in Treasury Secretary Yellen’s interview with Senator Lankford hurt community banks?
🐷 If not urgent, should we wait on buying a house until the market “adjusts” to the new rates?
🐷 I’m a SAHM - should my husband’s term life insurance policy be for 20 or 30 years?
🐷 With all the news about banks, should I worry about having all my money in only one bank?
🐷 Clarify FDIC coverage limits - per account at a bank or per bank total? Can a joint account have $500k?
🐷 Bank failures are good for those of us buying a home - do you think rates are done falling?

___________________

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Get the weekly newsletter here: http://eepurl.com/gblbY9

--- Send in a voice message: https://anchor.fm/familyfinancemom/message

View Details

At the request of Family Finance Mom followers, I am now posting Monday & Wednesday LIVE Q&A replays as podcast episodes! To submit your question, be sure to follow me @FamilyFinanceMom on Instagram. Look for the question box in my stories ahead of LIVE Q&A every Monday and Wednesday at 9AM ET.

Today's Q&A replay is sponsored by the Family Finance Mom Economic Workshop series. Build your economic literacy with a 6 workshop series to learn what causes economic cycles, how the free market works, the impact of human behavior on the economy and more. Knowledge builds confidence and empowers you to make better decisions for you, your family and your future.

ENROLL NOW: http://familyfinancemom.teachable.com/p/economics-workshop-series

______________

Today’s topics included:
🐷 should Americans keep emergency funds of cash at home?
🐷 if you have more than $250K in the bank, should you diversify banks?
🐷 is money in investment accounts insured?
🐷 I need to do a car lease buyout. Should I use emergency money for a larger down payment or borrow at a higher rate and keep my high-yield savings?
🐷 can you explain in more detail what an inverted yield curve means?
🐷 what consumer behaviors would help curb inflation?
🐷 you mentioned on your podcast that Vanguard and Blackrock hold 15% of most stocks combined - does this present any risk?
🐷 did SVB and Signature do stress testing as other large banks do?

___________________

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YouTube: https://www.youtube.com/@familyfinancemom

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Get the weekly newsletter here: http://eepurl.com/gblbY9

--- Send in a voice message: https://anchor.fm/familyfinancemom/message

View Details

At the request of Family Finance Mom followers, I am now posting Monday & Wednesday LIVE Q&A replays as podcast episodes! To submit your question, be sure to follow me @FamilyFinanceMom on Instagram. Look for the question box in my stories ahead of LIVE Q&A every Monday and Wednesday at 9AM ET.

Today's Q&A replay is sponsored by the Family Finance Mom Economic Workshop series. Build your economic literacy with a 6 workshop series to learn what causes economic cycles, how the free market works, the impact of human behavior on the economy and more. Knowledge builds confidence and empowers you to make better decisions for you, your family and your future.

ENROLL NOW: http://familyfinancemom.teachable.com/p/economics-workshop-series

______________

Today’s topics included:
🐷 How do banks work

🐷 What went wrong at Silicon Valley Bank?

🐷 What happens now? FDIC protection and Federal actions by Federal Reserve & US Treasury

🐷 Reasons to be cautious, but not panic

🐷 How this will impact Fed monetary policy

🐷 What this means for broader economic environment - does this accelerate a recession?

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View Details

This week is all about John Bogle, the Superhero of Wall Street for retail investors, Vanguard, low-cost index funds, and the benefits of ETFs with The Bogle Effect author, Eric Balchunas. The Bogle Effect is our Q1 pick for the Family Finance Mom Book Club.

Eric Balchunas is Senior ETF Analyst at Bloomberg Intelligence, where he leads the ETF and fund research and contributes to Bloomberg Opinion. He is a frequent speaker at industry events and conferences, as well as the co-creator of the Bloomberg podcast, Trillions, and Bloomberg TV’s ETF IQ. Eric is author of The Bogle Effect (2022) and The Institutional ETF Toolbox (2016). Eric holds a bachelor's degree in Journalism and Environmental Economics from Rutgers University.

In today's episode, we cover...

  • Who was John Bogle and why he is THE Superhero for American investors that most of us have never heard of?
  • What is The Bogle Effect?
  • Why over the long run, the biggest impact on your investment portfolio is fees. "Costs matter."
  • What is an ETF? And what's better for investors: ETFs or mutual funds?
  • What is the next big thing that may disrupt investing and Wall Street that investors should look out for?
  • What does the modern investor portfolio look like?

For more on FFM Book Club: https://familyfinancemom.com/finance-books-to-read/

For more on this week's guest, Eric Balchunas:

https://twitter.com/EricBalchunas

Get The Bogle Effect book

Listen to his podcast, Trillions

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--- Send in a voice message: https://anchor.fm/familyfinancemom/message

View Details

At the request of Family Finance Mom followers, I am now posting Monday & Wednesday LIVE Q&A replays as podcast episodes! To submit your question, be sure to follow me @FamilyFinanceMom on Instagram. Look for the question box in my stories ahead of LIVE Q&A every Monday and Wednesday at 9AM ET.

Today's Q&A replay is sponsored by the Family Finance Mom Economic Workshop series. Build your economic literacy with a 6 workshop series to learn what causes economic cycles, how the free market works, the impact of human behavior on the economy and more. Knowledge builds confidence and empowers you to make better decisions for you, your family and your future.

ENROLL NOW: http://familyfinancemom.teachable.com/p/economics-workshop-series

______________

Today’s topics included:
🐷 I want to put some money in the stock market - where do I start?
How to Start Investing >> https://familyfinancemom.com/how-to-start-to-invest/
🐷 Please explain the pro rata rule and back door Roth IRAs.
🐷 Do you recommend using a HELOC as a down payment for a second home?
🐷 What about a HELOC to refinance credit card debt?
🐷 Why the next 2 weeks are critical to where interest rates, economy, and stock market will go this year

___________________

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--- Send in a voice message: https://anchor.fm/familyfinancemom/message

View Details

At the request of Family Finance Mom followers, I am now posting Monday & Wednesday LIVE Q&A replays as podcast episodes! To submit your question, be sure to follow me @FamilyFinanceMom on Instagram. Look for the question box in my stories ahead of LIVE Q&A every Monday and Wednesday at 9AM ET.

Today's Q&A replay is sponsored by the Family Finance Mom Economic Workshop series. Build your economic literacy with a 6 workshop series to learn what causes economic cycles, how the free market works, the impact of human behavior on the economy and more. Knowledge builds confidence and empowers you to make better decisions for you, your family and your future.

ENROLL NOW: http://familyfinancemom.teachable.com/p/economics-workshop-series

______________

Today's episode addresses the following questions:
🐷 529 plan - use age bands or specific investment categories?
🐷 Difference between a HYSA and a Money Market account?
🐷 Impact of student loan payments resuming on the economy
🐷 I still haven't received by 2022 EOY bonus - how can I get my money?
🐷 Role of the Fed vs Department of Treasury

___________________

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--- Send in a voice message: https://anchor.fm/familyfinancemom/message

View Details

At the request of Family Finance Mom followers, I am now posting Monday & Wednesday LIVE Q&A replays as podcast episodes! To submit your question, be sure to follow me @FamilyFinanceMom on Instagram. Look for the question box in my stories ahead of LIVE Q&A every Monday and Wednesday at 9AM ET.

Today's Q&A replay is sponsored by the Family Finance Mom Economic Workshop series. Build your economic literacy with a 6 workshop series to learn what causes economic cycles, how the free market works, the impact of human behavior on the economy and more. Knowledge builds confidence and empowers you to make better decisions for you, your family and your future.

ENROLL NOW: http://familyfinancemom.teachable.com/p/economics-workshop-series

______________

Today's episode addresses the following questions:
🐷 How do you budget for kids’ activities? Gets out of control quickly
🐷 What does it mean to rebalance your portfolio and when should you do it?
🐷 How hard is it to switch from a Traditional IRA to a Roth? Is it worth it?
🐷 How soon do you anticipate inflation to slow?
🐷 Ideas for micro-goals while we take a bit of a break between two big savings goals?
🐷 What does an efficient frontier consist of?
🐷 A cool new money book for kids
🐷 Supreme Court to begin hearing arguments on student loan forgiveness tomorrow

___________________

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At the request of Family Finance Mom followers, I am now posting Monday & Wednesday LIVE Q&A replays as podcast episodes! To submit your question, be sure to follow me @FamilyFinanceMom on Instagram. Look for the question box in my stories ahead of LIVE Q&A every Monday and Wednesday at 9AM ET.

Today's Q&A replay is sponsored by the Family Finance Mom Economic Workshop series. Build your economic literacy with a 6 workshop series to learn what causes economic cycles, how the free market works, the impact of human behavior on the economy and more. Knowledge builds confidence and empowers you to make better decisions for you, your family and your future.

ENROLL NOW: http://familyfinancemom.teachable.com/p/economics-workshop-series

______________

Today's episode addresses the following questions:
🐷 I have a 457b. Considering switching over to an IRA to save on fees. Pros/cons?

🐷 Opened a college fund and it’s only been losing value. In this for the long haul?

🐷 What’s the best way to open an investment account for my kids?

🐷 Getting killed by variable rate HELOC - any good options to ease or change into?

🐷 Tips for going from 2 incomes to 1? Will be SAHM when hubby goes to grad school + working full time?

🐷 What is a good rate for used auto loan?

🐷 What does the term “mega cap” mean?

🐷 What is the difference between a mutual fund and an index fund?

ETFs vs. Mutual Funds vs. Index Funds: https://familyfinancemom.com/where-to-invest-money/

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Today's Q&A replay is sponsored by the Family Finance Mom Economic Workshop series. Build your economic literacy with a 6 workshop series to learn what causes economic cycles, how the free market works, the impact of human behavior on the economy and more. Knowledge builds confidence and empowers you to make better decisions for you, your family and your future.

ENROLL NOW: http://familyfinancemom.teachable.com/p/economics-workshop-series

______________

At the request of Family Finance Mom followers, I am now posting Monday & Wednesday LIVE Q&A replays as podcast episodes! To submit your question, be sure to follow me @FamilyFinanceMom on Instagram. Look for the question box in my stories ahead of LIVE Q&A every Monday and Wednesday at 9AM ET.

Today's episode addresses the following questions:
🐷 If most active managers don’t outperform the S&P 500, why does anyone invest in them?
🐷 Inflation rate - the rate of inflation SLOWED or actually fell? It’s confusing!
🐷 Pros/cons to opening accounts where funds are versus a 3rd party brokerage?
🐷 Why haven’t we officially declared a recession?
🐷 If my car is 15yo, should I drop full insurance coverage to just liability coverage?
🐷 How to withhold the right amount on my paycheck to end up with a small return on my taxes?

IRS W4 Calculator: https://www.irs.gov/individuals/tax-withholding-estimator

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--- Send in a voice message: https://anchor.fm/familyfinancemom/message

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Today's Q&A replay is sponsored by the Family Finance Mom Economic Workshop series. Build your economic literacy with a 6 workshop series to learn what causes economic cycles, how the free market works, the impact of human behavior on the economy and more. Knowledge builds confidence and empowers you to make better decisions for you, your family and your future.

ENROLL NOW: http://familyfinancemom.teachable.com/p/economics-workshop-series

______________

At the request of Family Finance Mom followers, I am now posting Monday & Wednesday LIVE Q&A replays as podcast episodes! To submit your question, be sure to follow me @FamilyFinanceMom on Instagram. Look for the question box in my stories ahead of LIVE Q&A every Monday and Wednesday at 9AM ET.

Today's episode addresses the following questions:

Today’s topics included:
🐷 Where would you recommend opening a Roth IRA? How much can I contribute in 2023?
🐷 HELOC with a variable rate that is now high. Should I switch to a fixed home equity loan or something else?
🐷 Where to open an HYSA?

Catch past discussions here: https://youtu.be/FEDfL_b6PBw
🐷 Can you explain expense ratios?
Learn more here: https://familyfinancemom.com/where-to-invest-money/
🐷 Ideas on how to generate quick and easy income from home?
🐷 How would you allocate a 30% raise?

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Today's Q&A replay is sponsored by the Family Finance Mom Economic Workshop series. Build your economic literacy with a 6 workshop series to learn what causes economic cycles, how the free market works, the impact of human behavior on the economy and more. Knowledge builds confidence and empowers you to make better decisions for you, your family and your future.

ENROLL NOW: http://familyfinancemom.teachable.com/p/economics-workshop-series

______________

At the request of Family Finance Mom followers, I am now posting Monday & Wednesday LIVE Q&A replays as podcast episodes! To submit your question, be sure to follow me @FamilyFinanceMom on Instagram. Look for the question box in my stories ahead of LIVE Q&A every Monday and Wednesday at 9AM ET.

Today's episode addresses the following questions:

🐷 How long will your HYSA referral code work?

REFERRAL LINK: https://www.marcus.com/share/MEG-GV1-MQFV
🐷 Thoughts on using only cash vs credit cards (always paying in full each month)?
🐷 Should I take out a 401k loan to pay off high interest debt?
🐷 Kids college loans are adjustable rate. We cannot refinance until they graduate. Other options?
🐷 Example of a long-term vs short-term stock exchange
🐷 Do you ever cover how to pick funds/stocks? How to research?
INVESTING RESOURCES:
Investing Workshop Series > http://familyfinancemom.teachable.com/p/investing-workshop-series
Investing for Beginner Series on the blog > https://familyfinancemom.com/how-to-start-to-invest/
Where to Invest Money: ETFs vs. Mutual Funds vs. Index Funds > https://familyfinancemom.com/how-to-start-to-invest
10 Things to Know About a Stock on the blog > https://familyfinancemom.com/investing-in-stocks-101/

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Today's Q&A replay is sponsored by the Family Finance Mom Economic Workshop series. Build your economic literacy with a 6 workshop series to learn what causes economic cycles, how the free market works, the impact of human behavior on the economy and more. Knowledge builds confidence and empowers you to make better decisions for you, your family and your future.

ENROLL NOW: http://familyfinancemom.teachable.com/p/economics-workshop-series

______________

At the request of Family Finance Mom followers, I am now posting Monday & Wednesday LIVE Q&A replays as podcast episodes! To submit your question, be sure to follow me @FamilyFinanceMom on Instagram. Look for the question box in my stories ahead of LIVE Q&A every Monday and Wednesday at 9AM ET.

Today's episode addresses the following questions:

🐷 How much of an American family’s income is spent on housing now?

RESOURCE: Average Household Budget: https://familyfinancemom.com/example-of-family-budget/
🐷 What is an “activist” investor?
🐷 Are you able to recommend any HYSAs?
REFERRAL LINK: https://www.marcus.com/share/MEG-GV1-MQFV
🐷 Kids we’re gifted money in great grandma’s will. Should I put it in a 529 for college or something else. They are 4 and 7 now

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Get the weekly newsletter here: http://eepurl.com/gblbY9

--- Send in a voice message: https://anchor.fm/familyfinancemom/message

View Details

Today's Q&A replay is sponsored by the Family Finance Mom Economic Workshop series. Build your economic literacy with a 6 workshop series to learn what causes economic cycles, how the free market works, the impact of human behavior on the economy and more. Knowledge builds confidence and empowers you to make better decisions for you, your family and your future.

ENROLL NOW: http://familyfinancemom.teachable.com/p/economics-workshop-series

______________

At the request of Family Finance Mom followers, I am now posting Monday & Wednesday LIVE Q&A replays as podcast episodes! To submit your question, be sure to follow me @FamilyFinanceMom on Instagram. Look for the question box in my stories ahead of LIVE Q&A every Monday and Wednesday at 9AM ET.

Today's episode addresses the following questions:

🐷 What do you think the Fed will announce today? [Note - Fed announced a 25bps increase this afternoon after this recording]
🐷 Considerations for a parent to become your dependent? Taxes, healthcare, etc?
🐷 Why put $ in a 401k before a Roth?
🐷 What are your overall feelings on the economy and why?
🐷 Is it smart to add your child to your credit card to improve their ratings?
🐷 Know of any part-time employment agencies that cater to moms?

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This week is all about energy prices, featuring a deep dive with Patrick DeHaan, Head of Petroleum Analysis for Gas Buddy.

Energy prices have been one of the significant drivers behind inflationary pressures we’ve seen over the last year… and in recent months, now that energy prices have started to abate, inflation is as well. But energy prices still remain high by historical measures.

Back in February, Patrick DeHaan, Gas Buddy’s Head of Petroleum Analysis, joined us to talk about what was happening in energy markets, and what a Russian invasion could mean for energy prices. His comments proved highly omniscient.

I’m excited to have him back today to give an update on energy prices, including how energy prices are determined, the major factors impacting energy markets today, as well as what his near and longer-term outlooks are for energy prices so you can financially prepare.

We cover what drives gas prices, including:

  • What are the major drivers in the current energy market
  • The role of Russia, China, India, and Russian sanctions on gas prices
  • Why gas prices have fallen since summer, but are likely to go up again
  • Why the longer-term outlook for gas prices is likely higher and more volatile
  • His best ideas for a smoother energy transition with less costs to consumers
  • ... and more!

For more on this show notes: https://familyfinancemom.com/what-drives-gas-prices/

For more on this week's guest, Patrick DeHaan:

GasBuddy.com

Twitter.com/GasBuddyGuy

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This week, I’ve got 3 major financial headlines for you..

  • First up, the last 2 weeks of October saw a bear market rally - what does that mean, what’s behind it, and does that mean the market has seen its bottom?
  • Next, last week we got the first estimate for Q3 GDP, and it was a pleasant positive surprise… does that mean the economy isn’t as bad as many believe?
  • Then, we are also in the height of Q3 earnings season - what are companies saying about what to expect in the months to come?

… After that, we will take a deep dive into how to find scholarships for college with scholarship expert and author, Jean O'Toole. While everyone else is waiting on the courts to decide on student loan forgiveness, let's talk about something that you can control - how to get scholarships for college. Be sure to tune in for her special offer just for Family Finance Moms!

For more on this week's market update: https://familyfinancemom.com/how-to-get-scholarships-for-college/

For more on this week's guest, Jean O'Toole, Author Scholarship Strategies:www.Connections101.com

Scholarshipstrategiesteam@gmail.com

www.instagram.com/scholarshipstrategies/

http://journeydance.com/jean-otoole

https://www.amazon.com/Scholarship-Strategies-Finding-Winning-Money/dp/1642794821

https://twitter.com/scholarshipjean

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This week, I’ve got 3 major financial headlines for you..

  • First up, the stock market ended the week up +1.5%, but is still in bear market territory - what were the major market movers last week?
  • Next, energy prices are on the rise again due to OPEC. What is OPEC and why do they have such sway over the energy market?
  • Finally, we got multiple data points on the labor market last week. What does it say about the health of employment and your job security?

… after that, this week I’m taking a deep dive with NYU Professor Howard Yaruss to talk about his new book, and our Q4 FFM Book Club pick, Understandable Economics. Learn why we both believe in the power of economic and financial literacy, as well as his take on some current major economic issues and policies.

For more on this week's market update: https://familyfinancemom.com/what-is-opec/

For more on this week's guest, Howard Yaruss, NYU Professor and Author, Understandable Economics:

Get the book: https://amzn.to/3SX55IE

https://howardyaruss.com/

https://www.linkedin.com/in/howard-yaruss-b408485

https://twitter.com/UnderstandEcono

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This week, I’ve got 3 major financial headlines for you..

  • First up, all major US stock market indices ended last week in bear market territory... what does that mean and what does it mean for your investment portfolio?
  • Next, the British Pound tumbled last week to lows not seen since the 1980s. What happened and what does it mean for the US?
  • Finally, we got the latest data point on the Fed’s preferred measure of inflation last week: the PCE Price Index. Is inflation getting better or worse?

… after that, this week I’m taking a deep dive Crista Hermance of Hermance Law, also known as Estate Planning Mom to talk about all things will and estate planning. Learn wha you need to know to protect your assets and even more importantly, your minor children, in case anything happens to you.

For more on this week's market update: https://familyfinancemom.com/estate-and-will-planning/

For more on this week's guest, Crista Hermance of Hermance Law & Estate Planning Mom:

www.hermancelaw.com

www.facebook.com/HermanceLaw

www.instagram.com/estateplanningmom/

www.pinterest.com/estateplanningmom/

twitter.com/mom_estate

https://www.linkedin.com/in/hermance-law-ventura-04a7521a3

www.youtube.com/channel/UC4QYIbe_hC3tjxtb7sHI0MA

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This week, instead of the usual 3 headlines of the week, I'm tackling the question I get more often these days: are we in a recession? I'll take a look at 7 indicators and what they indicate about the state of the current economy, including:

  • GDP
  • Consumer spending
  • Consumer sentiment
  • Stock market
  • Yield curve
  • Unemployment
  • And the official recession announcer - NBER

… I'll explain what each of these indicators are, what they currently tell us, and most importantly, if we are headed for a recession, what you can and should be doing to prepare.

For more on this week's market update: https://familyfinancemom.com/are-we-in-a-recession/

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This week, I’ve got 3 major financial headlines for you..

  • First up, the stock market had its 6th consecutive down week in a row... what’s causing the downward trend and when will the market free fall end?
  • Next, the Fed is fully committed to reigning in inflation - and at their May meeting, they raised the target rate by 50bps. What else is included with tightening monetary policy and what does it mean for your family finances?
  • Finally, while the Fed seeks to reign in inflation, April CPI numbers show it still remains elevated. Where is inflation getting better and where is it still rising?

… after that, this week I’m taking a deep dive with 3 early childhood education experts to talk about the childcare dilemma: why is childcare so expensive, while childcare providers are paid so little? Is this all caused by the pandemic? And what can and should policymakers be doing to make things better.

For more on this week's market update: https://familyfinancemom.com/s2-20-market-free-fall-april-inflation-deep-dive-on-why-is-childcare-so-expensive/

To Connect with Early Childhood Education Experts:

Cori Berg, Dallas, TX

ECE from the Heart with Cori Berg

Hope Day School

Joanna Bardis, Atlanta, GA

LinkedIn

Stacey Viviano, Houston, TX

Messiah Lutheran Early Childhood Center

Messiah Lutheran ECE Facebook

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This week, I’ve got 3 major financial headlines for you..

  • First up, the stock market had its 4th consecutive down week in a row... and is now officially in correction territory, with the NASDAQ in a bear market. What's driving the market down?
  • Next, Q1 real GDP was down, and surprised everyone. Does it mean we are already in a recession?
  • Finally, Q1 earnings season continues, with 80% of companies beating earnings... but guidance continues to spook investors.

… after that, this week I’m taking a deep dive with Rutgers Business School FinTech Professor and global cryptocurrency expert, Dr. Merav Ozair, also known as Dr. Blockchain. Join us as she explains and demystifies everything from cryptocurrency, to the difference between Bitcoin and Ethereum, what is an NFT, and more importantly, what it all means for finance as we know it.

For more on this week's market update: https://familyfinancemom.com/s2-19-bear-market-q1-gdp-miss-a-deep-dive-on-cryptocurrency-and-nfts/

To connect with Dr. Ozair:

https://www.doctorblockchain.io/

www.business.rutgers.edu/faculty/merav-ozair

www.linkedin.com/in/merav-ozair-phd-258aa9b

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This week, I’ve got 3 major financial headlines for you..

  • First up, the stock market had it's 3rd down week in a row... and is now officially in correction territory. What's driving the market down?
  • Next, we got all the housing market data for March - what does it tell us about where home prices are headed this Spring?
  • Finally, Q1 earnings season has 3 out of 4 companies beating earnings... so why is it off to such a rocky start?

… after that, this week I’m taking a deep dive with 3 agriculture experts to talk about the outlook for food prices here in the US this year. What will you need to prepare your family's grocery budget for and how they are making adjustments to their farms given rising input prices.

For more on this week's market update: https://familyfinancemom.com/s2-18-market-correcting-housing-update-a-deep-dive-on-us-agriculture-and-rising-food-prices/

Ag Experts:

Derrick JosiDerrick’s Book: An Industry Worth Fighting For

The Blog: TDF Honest Farming

The Weekly Email

Facebook Page

YouTube Channel

Instagram

Tillamook County Creamery Association

Paul NeifferFarm Financial Standard Council

LinkedIn

Twitter

The Farm CPA Podcast

Gary SchnitkeyLinkedIn

Homepage at U of I

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This week, I’ve got 3 major financial headlines for you..

  • First up, the stock market finished mostly flat last week, with March ending the month up, but down for the first quarter - the first down quarter in 2 years
  • Next, the Fed’s preferred measure of inflation, the PCE Price Index showed inflation is still rising… what’s rising most?
  • Finally, the March employment situation revealed a return to historically low levels of unemployment. What other indicators does it reveal about the tightening labor market

… after that, this week I’m taking a deep dive with the CEO of Mainvest, Nick Mathews - to talk to you about how he leveraged regulatory changes in who could make private investments to democratize investing - giving local businesses more access to capital, and local community members the ability to invest in them!

For more on this week's market update: https://familyfinancemom.com/market-update-4-4-2022/

To connect with Nick Mathews, CEO of Mainvest: Mainvest.com

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This week, I’ve got 3 major financial headlines for you..

  • First up, the stock market rallied for its second up week in a row... where does it stand now for March and 2022YTD?
  • Next, what sectors and asset classes are winning and losing in the current market?
  • Finally, interest rates continue to rise, and fast. What does it mean for mortgage rates? And how are rates warning us of what’s to come?

… after that, this week I’m taking a deep dive with Nicholle Overkamp, a Financial Planner and Retirement Planning Specialist to address one of your most common questions. What is a financial planner? What do they do, how should the relationship serve you? What does it cost? And what else should you know before meeting with one!

For more on this week's market update: https://familyfinancemom.com/market-update-3-28-2022/

To connect with Nicholle Overkamp:

Website: Wilcox Financial Group

Intagram: @powHERhousemoney

Facebook: Wilcox Financial Group

Facebook Group: Money Bitch Community

Twitter: Wilcox Financial Group

LinkedIn: Nicholle Overkamp

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This week, I’ve got 3 major financial headlines for you...

  • First up, the market may have just found its bottom for now, finishing up for the second week in a row… but it wasn’t without some ups and downs along the way. What’s driving it?
  • Next, last week’s economic data was all about the labor market. Is there still a labor shortage? And if so, what’s causing it?
  • Finally, Q4 earnings season is well underway. What are we hearing from companies about their outlook for 2022?

… after that, as one of the biggest drivers of inflation and market volatility in the current economy, I’ve got a deep dive on gas prices with 20-year petroleum industry expert, Patrick DeHaan. Join me as we talk about the supply and demand drivers for oil, how oil prices translate into what you pay at the gas pump, the impact on other energy prices, and what role public policy and the current geopolitical environment play on gas prices.

For more on this week's market update: https://familyfinancemom.com/market-update-2-7-2022/

To connect with Patrick De Haan:

Website: GasBuddy.com

Twitter: Twitter.com/GasBuddyGuy

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This week, it was actually hard to narrow it down to just 3 major financial headlines given all the data released last week, but here’s what I picked for you

  • First up, the market had its first positive week of the year… but it was a wild ride to get there. What’s driving the market volatility?
  • Next, Q4 earnings season is underway. Most companies are beating earnings expectations - so why is the market still down for January?
  • Finally, we got the first estimate for Q4 and full year 2021 GDP. Growth was far better than expected, but can it continue?

… after that, I’m super excited to share my conversation with fellow FInance Mom and author, Jessi Fearon with you. She’s here to share insights into her family's journey to debt freedom, all about her new book, Getting Good with Money, including her thoughts on the Two-Income Trap and the Four Money Types, and the single step that had the biggest impact on her family finances. So stay tuned!

For more on this week's market update: https://familyfinancemom.com/market-update-1-31-2022/

For FFM Investing Workshop: https://familyfinancemom.teachable.com/p/investing-workshop-series

To connect with Jessi Fearon:

Book, Getting Good with Money: https://amzn.to/3L4FXfF (affiliate)

Website: https://jessifearon.com/

Instagram: https://www.instagram.com/jessifearon/

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This week, I’ve got 3 major financial headlines for you

  • First up, the market’s rough start to 2022 got even worse last week, with the S&P 500 down -5.7% for the week ending January 21st, and now down -7.7% year to date. What’s driving it?
  • Next, several December housing data points were released, indicating more new construction, but prices still rising. How do these data points compare to what we learned from our conversation with Zillow’s Economist last week?
  • Finally, weekly jobless claims have begun to increase again. What does that mean for the labor market and why is it happening?

… after that, I’m going to share the first in a series of interviews with different financial service providers many of you have asked about, from coaches to planners to advisors, to help you understand how they are similar, how they are different, what to expect when working with them, including the costs associated with these services. Today, I’m talking with One Eleven founder, Dani Pascarella. Dani and I share a common personal and professional background, which has instilled a similar passion in both of us as well – making financial literacy more accessible to everyone. Dani left her job on Wall Street to do something about it, to democratize financial education in our country by launching OneEleven. Learn exactly how their hybrid financial planning and coaching as a subscription service works, also now available as an app, and just for Family Finance Mom followers, check outOneEleven using code FAMILYFINANCEMOM20 for 20% off any of the membership plans available.

For more on this week's market update: https://familyfinancemom.com/market-update-1-24-2022/

To connect with Dani Pascarella, Founder of OneEleven:

Website: https://www.oneeleven.co

Instagram: https://www.instagram.com/getoneeleven

Facebook: https://www.facebook.com/getoneeleven

Linkedin: https://www.linkedin.com/company/getoneeleven

Dani's LinkedIn: https://www.linkedin.com/in/danipascarella/

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This week, I’ve got 3 major financial headlines for you

  • First up, the market has had a rough start in 2022, down -0.3% for the week ending January 14th, and down 2.2% year to date.
  • Next, December CPI indicates inflation is still rising - up 7.0% over the last year. What are the drivers and are there any signs it will slow soon?
  • Finally, what’s the latest data on the Omicron surge. Cases have skyrocketed - when will the surge reach its peak, and what do other metrics - like hospitalizations and deaths tell us?

… after that, we will take a deep dive into the outlook for the 2022 housing market. With interest rates rising, many are asking what the impact will be on mortgage rates and housing prices. Join me as I speak with Nicole Bachaud, a Zillow Economist, who works on their Research team, tracking housing market data closely and publishing research to help all of us be more informed. Learn her thoughts on the outlook for 2022, how the market is different for buyers and sellers, how big the housing shortage is and what it will take to alleviate it, as well as resources and reports Zillow offers to help potential homebuyers and sellers educate themselves about the current housing market.

For more on this week's market update: https://familyfinancemom.com/market-update-1-17-2021/

For Nicole Bachaud's latest research for Zillow:

Zillow names Tampa its hottest housing market for 2022

Adding space and remodeling the bathroom are homeowners' top renovation resolutions for 2022

South Lake Tahoe named Zillow's most popular place of 2021

Zillow’s Latest Monthly Market Report (November 2021)

To connect with Zillow:

www.zillow.com

www.instagram.com/zillow/

https://twitter.com/zillow

www.facebook.com/Zillow

www.linkedin.com/company/zillow/

___________________

To listen to Andy Hill's Marriage Kids and Money Podcast:

https://marriagekidsandmoney.com/

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This week, instead of the usual top 3 headlines of the week, I’m going to share 5 key factors I’ll be watching that are likely to drive the economy and financial markets in 2022… including interest rates and inflation, the labor market and how that impacts incomes and consumer spending, and finally, the wild card no one can truly predict - the virus.

… after that, we will take a deep dive into UTMAs - a tax-advantaged investment account option for parents to save for their children, that doesn’t just limit you to saving for college. Join me as I speak with UNest Founder and CEO, Ksenia Yudina, to learn exactly how these investment accounts work and how UNest makes them easily accessible and affordable for families.

For more on the 2022 financial outlook: https://familyfinancemom.com/2022-financial-outlook/

For more on Ksenia Yudina and UNest:

www.unest.co

www.linkedin.com/in/kyudina

www.facebook.com/unest/

www.linkedin.com/company/u-nest/

www.twitter.com/UNest

www.instagram.com/unest/

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For the Family Finance Mom Investing Workshops: https://familyfinancemom.teachable.com/p/investing-workshop-series

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This week, I’ve got 3 major financial headlines for you

  • First up, the stock market went on a bit of a seesaw ride last week, ultimately ending the week up just +0.3%, and is essentially flat over the last 2 weeks. What’s moving, or better said, pausing the market?
  • Next, the pandemic is back on center stage again. What’s behind it and what are the facts on the numbers here in the US?
  • Finally, on Friday, the Build Back Better bill passed the House. How much is it, what’s in it, how are they paying for it, and what does it take to become law?

… after that, we will take a deep dive into the supply chain. Most of us usually don’t pay too much attention to how our goods move from where they are made to where we buy them… until you start to see empty store shelves, rising prices, and hear everything being blamed on supply chain bottlenecks. Join me as I talk with Jill Clifford, President of FreightPlus, a 30 year veteran of the transportation industry and expert on the supply chain. What is she seeing with her logistics clients today, what’s her outlook, and when will the supply chain be back to normal?

For more on this week's market update: https://familyfinancemom.com/monday-market-update/

For more on Jill Clifford and FreightPlus:

Jill Clifford: https://www.linkedin.com/in/jillclifford/

FreightPlus: https://www.linkedin.com/company/freightplus/

https://twitter.com/FreightPlus_io

https://www.facebook.com/Freightplus.io/

https://www.instagram.com/freightplus_io/

https://www.freightplus_io

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For the Family Finance Mom Holiday Gift Guides: https://familyfinancemom.com/gift-ideas-for-investors/

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This week, I’ve got 3 major financial headlines for you

  • First up, The stock market had its first down week in over a month, as inflation concerns became front and center again
  • Next, inflation concerns were front and center again because October CPI numbers were reported indicating the highest inflation increase in over 30 year
  • Finally, We also got an update on the demand side of labor – job openings – for September. There’s still millions of them open.

… after that, we will take a deep dive into a question from a new series I’ve been working on - Financial Fact or Fiction. Based on real questions I get from you. This week’s question? Do the rich really pay less in taxes?

For more on this week's headlines: https://familyfinancemom.com/monday-market-update/

For more on Do the Rich Really Pay Less in Taxes? https://familyfinancemom.com/how-much-do-the-rich-pay-in-taxes/

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This week, I’ve got 3 major financial headlines for you…

  • First up, the stock market hit new highs again as Q3 earnings season continues with solid earnings reports and interest rates took a bit of a breather
  • Next, October employment numbers finally delivered. Where did we see improvement, and where is there still work to do
  • Finally, Congress finally got a bill passed - the $1 trillion infrastructure bill. What’s in it and how are they going to pay for it?

… after that, we will take a deep dive into a brand new family’s personal finance journey with Brennan Schlagbaum, of BudgetDog. Learn how he got debt-free and left his full time job as a CPA to be more present with his brand new baby girl, and what he’s doing to save for her future.

For more on this week's headlines: https://familyfinancemom.com/monday-market-update/

For more on Brennan Schlagbaum:

www.instagram.com/budgetdog/

twitter.com/Budgetdog_

www.youtube.com/channel/UCuIeIED4nfDnVlw8gk0fkzQ

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This week's episode is brought to you by - Honest History Magazine: https://honesthistorymag.com/?ref=financemom

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This week, I’ve got 3 major financial headlines for you…

  • Last week, the stock market hit new record highs again, finishing the month of October up +6.9%, it’s best monthly performance of the year. What’s behind the stock market’s soaring?
  • Next, last week, the Bureau of Economic Analysis released its first estimate for Q3 GDP… and it missed big - up just +2.0% for the quarter. Why were economists expecting more?
  • And third, last week we also got September’s data for Income and Consumer Expenditures, with more data on inflation. What does it tell us about prices and the financial health of consumers?

… after that, we will take a deep dive into a part of personal finance many consumers may find more necessary in the months to come - debt consolidation. Join me for a discussion with debt consolidation attorney, Leslie Tayne, as we talk about what is involved, red flags to watch for, and who might benefit from debt consolidation.

For more on this week's headlines: https://familyfinancemom.com/monday-market-update/

For more on Leslie Tayne, Tayne Law Group, PC:

www.taynelaw.com

www.facebook.com/TayneLawGroup/

twitter.com/LeslieHTayneEsq

www.linkedin.com/in/leslietayne

www.instagram.com/lesliehtayne

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This week's episode is brought to you by - Honest History Magazine: https://honesthistorymag.com/?ref=financemom

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This week, I’ve got 3 major financial headlines for you…

  • Last week the stock market got off to a rough start, but finished the week strong, including its best daily performance since March 2021 on Thursday, to finish the week up +1.8%. The market is now up +3.8% for the month of October, and +19% for 2021 year to date… what’s behind the week’s performance?
  • Next, August JOLTS report released last week showed 10.4 million job openings, showing labor demand is stronger than ever. What does that mean for the labor market?
  • Third, September CPI showed inflation is still rising - now up +5.4% over the last 12 months. What does it mean for your finances?

… after that, we will take a deep dive with guest Andy Hill of Marriage Kids and Money into his family’s financial journey, and the importance of not only motivation, but a key financial metric: net worth.

For more on this week's headlines: https://familyfinancemom.com/monday-market-update/

For more Andy Hill: https://marriagekidsandmoney.com/

To get your net worth calculation worksheet: https://familyfinancemom.com/what-is-the-definition-of-net-worth/

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This week's episode is brought to you by - Honest History Magazine: https://honesthistorymag.com/?ref=financemom

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This week, I’ve got 3 major financial headlines for you…

  • Last week, the stock market ended the month of September with the worst monthly performance since March 2020. Will it recover in October?
  • Next, Personal Income and Expenditure data for August was released - what does it tell us about the strength of the US consumer and inflation?
  • Third, the biggest overhang on the market last week - the debt ceiling - is still unresolved, but Congress did make some progress. Find out on what...

… after that, we will take a deep dive into a topic that impacts just about everyone I know - student loans. Join me for a conversation with Josh Mitchell, award-winning WSJ higher education reporter, and author of The Debt Trap, this quarter’s FFM Book Club pick. We will talk about the history of student loans, how we got here, his recommendations for how to fix it, and what he thinks about the possibility of student loan forgiveness.

For more on this week's headlines: https://familyfinancemom.com/monday-market-update/

For more on student loans: https://familyfinancemom.com/american-student-loans/

For more about The Debt Trap, Josh's writing for The Wall Street Journal, and his background, visit joshmitchellwrites.com.

Follow Josh Mitchell on Twitter

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This week's episode is brought to you by - Honest History Magazine: https://honesthistorymag.com/?ref=financemom

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This week, I’ve got 3 major financial headlines for you…

  • Last week, the stock market eked out a small gain, despite a rough start Monday and shaky finish Friday… what’s behind the market volatility?
  • Next, Congress repeated their temporary budget solution with the debt ceiling - now we have a temporary reprieve on both until December 3rd… then what?
  • Third, the biggest bust last week was the September Employment report released Friday. Economists expected 500,000 jobs would be added, but we saw far less. What happened?

… after that, we will take a deep dive into the employment and labor numbers to take a look at what’s really happening behind just the headline unemployment rate and job creation numbers. What are some of the varying demographic impacts, and what are the longer-term implications.

For more on this week's headlines: https://familyfinancemom.com/monday-market-update-10-11-2021/

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This week, I’ve got 3 major financial headlines for you…

  • Last week, the stock market barely eked out a gain, pressured early in the week by concerns over Evergrande’s default, and buoyed later in the week by the Fed’s economic outlook
  • Next, housing market data for August was released - are there signs the market could be softening?
  • Third, the big economic news of the week was the Fed’s statement following it’s latest Open Market Committee meeting. What are they saying about raising interest rates now?

… after that, we will take a deep dive into one of the more confusing topics currently moving the market - Congress’ debate over the debt ceiling. What exactly is the debt ceiling? And why don’t they just raise it?

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This week's episode is brought to you by - Honest History Magazine: https://honesthistorymag.com/?ref=financemom

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For more on this week's headlines: https://familyfinancemom.com/monday-market-update-9-27-2021/

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This week, I’ve got 3 major financial headlines for you…

  • First, August 2021 Consumer Price Index released last week showed inflation still at levels far beyond Fed's long-term target
  • Next, House Democrats put forward are pushing forward with their proposed tax increases to fund their massive spending bill... and the market didn't like it too much
  • And third, another factor weighing on the market, the potential default of the most indebebted property developer in the world (and the second largest developer in China), Evergrande

… after that, this week’s Deep Dive is digs into the 2020 Consumer Expenditure Survey, just released by the Bureau of Labor Statistics. What does it tell us about how the recession and pandemic impacted consumer spending and incomes last year? And what does the average family budget actually look like.

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This week's episode is brought to you by - Honest History Magazine: https://honesthistorymag.com/?ref=financemom

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For more on this week's headlines: https://familyfinancemom.com/monday-market-update-9-20-2021/

For more on the 2020 Average Family Budget: https://familyfinancemom.com/average-family-budget/

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This week, as we kick off Season 2, let's play some catch-up on what you may have missed this summer...

What is the state of the economic recovery and where are we now? I'll take you through 5 major indicators and what they tell us about the state of the recovery, and what to look for as we head towards 2022.

  • GDP
  • Inflation
  • The Labor Market
  • Personal Income and Outlays (aka Consumer Expenditures)
  • State of the Pandemic

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For more on the data and history shared on this week episode: https://familyfinancemom.com/the-economic-recovery/

This week's episode is brought to you by - Honest History Magazine: https://honesthistorymag.com/?ref=financemom

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This week, I’ve got 3 major financial headlines for you…

  • First, April CPI number surpassed economists’ expectations - and not in a good way
  • The CPI numbers then sent the stock and bond market on a bit of a ride - why? And where did the week end up?
  • And last but not least, Friday, we also got April retail sales numbers. How did they compare to March and what do they tell us about the state of the economic recovery?

… after that, this week’s Deep Dive is actually an interview about a topic I know we are all passionate about here - financial literacy. And more specifically, how we can get personal finance in every school across the country to improve financial equality, and more importantly, improve lives, families and communities.

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For more on this week's headlines: https://familyfinancemom.com/this-week-in-the-market/

For more on my interview with Tim and Personal Finance in Schools: https://familyfinancemom.com/how-to-get-personal-finance-classes-in-every-high-school/

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This week, I’ve got 2 major financial headlines for you…

1 - Last week was really all about the April Employment Situation released on Friday

2 - The impact it had on interest rates and the stock market

… and given that, this week’s deep dive is all about the current labor market. The April jobs numbers left a lot of people scratching their heads. From businesses who are struggling to hire despite millions on unemployment to economists who expected 4x as many jobs to be added by employers, how can all be true at the same time? Many business leaders were quick to call for an end to expanded federal unemployment benefits, but is that the only impediment to the labor market recovery? Let’s dive into what’s up with the labor market – from variations among state policies, industry differences, the impact of childcare (or lack there of), and what role do federal unemployment benefits and stimulus play.?

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For more on this week's headlines: https://familyfinancemom.com/weekly-market-review/

For more on the labor market: https://familyfinancemom.com/whats-up-with-the-labor-market/

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This week, I’ve got 3 major financial headlines for you…

1 - earnings season continues to fuel recovery hopes, with 25% of S&P 500 companies reporting, and over 80% of them beating expectations. How does that compare to usual earnings season?

2 -  If earnings season is going so well… why was the market flat last week?

3 - after last week’s deep dive on the housing market, what did the data for March released this week say about the current market?

A bonus headline for you - what’s up with Bitcoin? The leading cryptocurrency is down 20% from its prior week high. What’s driving it?

… after that, I’m going to do a deep dive on the capital gains tax, given it caused such a fuss in this week’s financial markets. What is President actually proposing? Why is he proposing it? And how does it fit in with tax policy historically and globally?

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For more on this week's headlines and the capital gains tax increase: https://familyfinancemom.com/market-weekly-update/

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This week, I’ve got 3 major financial headlines for you…

1 - Earnings season got off to a roaring start last week, with most major companies beating analyst expectations, pushing the stock market to yet another new all time high on Friday

2 - Those inflation concerns I keep talking about? Last week we got some actual data that validates them as the Bureau of Labor Statistics released the March Consumer Price Index, up 2.6% over the last year

And 3 - March Retail sales numbers came out last week - and were up nearly 10% from February, boosted by those stimulus checks that went out last month. But the big question is - will that continue in April?

… after that, ahead of this week’s housing market data releases, we will take a deep dive into what drives the housing market. Every day I get questions asking if the housing market is in another bubble? If prices are going to crash again like back in 2008. I’m going to walk through the factors supporting current demand against a building supply shortage that explain exactly why it’s not a bubble and I don’t foresee a housing market crash coming any time soon.

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For more on this week's headlines: https://familyfinancemom.com/this-weeks-stock-market/

For more on the housing market: https://familyfinancemom.com/is-this-a-good-time-to-buy-a-house/

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This week, I’ve got 3 major financial headlines for you…

  • 1 - It was a relatively quiet news week, but the stock market hit a new all-time high for the second week in a row, as tech stocks rallied with the softening of mid-term interest rates
  • 2 - The tech rally was fueled by interest rates softening - just a smidge… but it was also enough to drop mortgage rates for the first time in 2 months.
  • And 3 - Friday we got the March Producer Price Index which shows prices for final demand goods and services are up significantly. What does that mean for inflation concerns?

… after that, we will take a deep dive into what drives the stock market. As the stock market continues to reach new heights week after week, in the face of inflation concerns and a predicted but not yet materialized economic recovery, many of you have asked if this is a market bubble and if and when we are headed for a market crash. I’ll talk a walk through some stock market history and the 5 major factors that drive the stock market to help explain where the market is today… and where it may be going.

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For more on this week's headlines: https://familyfinancemom.com/finance-news-of-the-week/

For more on What Drives the Stock Market?: https://familyfinancemom.com/what-drives-the-stock-market/

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This week, I’ve got 3 major financial headlines for you…

  • 1 - It was a short week for the markets, but the stock market hit a new all-time high Thursday, while bond yields rallied on their short-trading day Friday. How is the market navigating between recovery hopes and inflation concerns?
  • 2 - Friday, the department of labor released the March Employment Situation. What does it tell us about the labor market recovery?
  • And 3 - the biggest news of last week - President Biden’s unveiling of the $2.3 trillion American Jobs Plan.

… after that, we will take a deep dive into what makes up GDP. To really understand how the economy works, you’ve got to understand all its moving parts. And since we measure our economy by GDP, what is it actually measuring? What are the components of GDP? How do things like increases in government spending impact other segments like private investment? And what really drives the economy overall?

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For more on this week's headlines: https://familyfinancemom.com/finance-news-this-week-4-5-2021/

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This week on Finance Explained I’ve got 3 major financial headlines for you:

Tuesday’s release of Advanced Retail Sales for February, down far more than economists predicted

Wednesday’s FOMC statement and Fed press conference, where they announced no change to monetary policy, despite far stronger economic projections

Thursday’s worse than expected weekly jobless claims report. A year since the pandemic lockdowns began… and we are still seeing new claims higher than EVER previously reported in any recession EVERY. SINGLE. WEEK

… and after that, we will take a deep dive into what’s next on the Biden administration’s agenda - infrastructure spending, and how they plan to pay for it: higher taxes. What are they planning and how is it likely impact YOU!

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For more on the market headlines: https://familyfinancemom.com/market-weekly-update-3-22-2021/

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This week on Finance Explained I’ve got 3 major financial headlines for you: 

How market performance continues to be bifurcated - with the S&P 500 closing at a new all-time high on Friday, while the Nasdaq continues to trail 

The February CPI report - what does it say about how fast prices are rising? 

The $1.9 Trillion American Rescue Plan Act of 2021 is officially law now. What happens next? 

… and after that, we will take a deep dive into interest rates, since the rapid rise of long-term interest rates is driving broader market performance and inflation concerns. 

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For more on the market headlines: https://familyfinancemom.com/market-for-the-week-3-15-2021/ 

For more on interest rate terms:

APR - https://familyfinancemom.com/glossary/apr/ 

APY - https://familyfinancemom.com/glossary/apy/ 

Compound interest - https://familyfinancemom.com/glossary/compound-interest/


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This week on Finance Explained I’ve got 3 major financial headlines for you:

How the market rallied on Friday to just offset a week’s worth of losses in the face of rising interest rates and inflation concerns

The biggest economic data release of the week - the February Employment Report

And on the political front, the Senate passed the $1.9 trillion stimulus bill Saturday morning. What did they change before it passed?

… and after that, we will take a deep dive into inflation, since that’s the biggest driver of market performance right now. 

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For more on the market headlines: https://familyfinancemom.com/weekly-market-news-3-08-2021/

For more on higher inflation concerns: https://familyfinancemom.com/higher-inflation/


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Finance is fast-paced and constantly changing. The market moves second by second, new economic data is released weekly, and the news comes out faster than even professional financial experts can keep up with.

Family Finance Mom’s Finance Explained cuts through the noise to bring you the financial and economic news you need each week, along with an explanation of what it all means in a way everyone can understand, and more importantly, why it matters to YOU!

Why did the market sell-off this week? Why is everyone suddenly worried about inflation? Why are interest rates rising or falling...  and above it all, what you need to know about how it could impact your family’s finances.

Welcome to Finance Explained… the latest platform by Family Finance Mom to help women everywhere build financial literacy and make better decisions for themselves, their families, and their futures.

Subscribe now to get new episodes weekly, learn more at familyfinancemom.com, and find me daily on Instagram @familyfinancemom.


Send in a voice message: https://anchor.fm/familyfinancemom/message