Check Your Balances

Elections can be a rollercoaster of emotions, and it's easy to get caught up in the hype and fear-mongering. But as investors, it's crucial to stay calm and focused on our long-term financial goals. In this episode, we'll discuss how to avoid making big mistakes with your investing regardless of the election outcome. This episode is on YouTube: https://youtu.be/-YTCVeVV_70 Send us F...

In this episode, we dissect the iconic personal finance book, "Rich Dad, Poor Dad" at the request of our listeners. We'll delve into the core principles, analyze their effectiveness, and challenge some of the controversial claims. While acknowledging the book's influence on millions, we'll explore its limitations and discuss why a more nuanced approach to wealth building i...

Ever wondered how the couples on Love is Blind discuss their finances? Join us for a look into the financial decisions made by the contestants, and how we might treat the same questions. We'll analyze their choices through a financial lens and discuss how their financial literacy (or lack thereof) could impact their relationships and future. Will their love stand the test of money?  This epis...

Ever wondered how your taxes change after you retire? In this episode, we'll break down the key tax implications of retirement, and what sources you can still have withholding versus the ones where you'll have to take care of it yourself. Find this episode on YouTube: https://youtu.be/WFBaNImVUpM Send us Fan Mail Send your questions for upcoming show to checkyourbalances@outlook.com @che...

Join us for the October edition of our personal finance mailbag podcast. In this episode, we dive deep into listener questions and provide insights on: Safe Withdrawal Rate: How much can you safely withdraw from your retirement savings without depleting your funds? Can you safely adjust up after a good year? Investing $500K: Do your portfolio options need to change as your capital grows? Find this...

The final chapter (we hope) in the Ross' house saga. Drew McKenzie from Long and Foster joins the show to talk about what it's like trying to give advice to a guy that gives advice for a living. Find this episode on YouTube (to see the inside of the actual home): https://youtu.be/GpjBZlu_r68 We're @checkyourbalances on Instagram Send us questions you want answered about your finance...

It finally happened, the Fed has cut rates... so now what? We talk about the impact of the new interest rate environment and what it means for you. Send your questions for the show to checkyourbalances@outlook.com ! This episode is on YouTube: https://youtu.be/vLpQz4b6y0k We're @checkyourbalances on Instagram  Send us Fan Mail Send your questions for upcoming show to checkyourbalances@outlook...

Prominent financial pundits and, like Robert Kiyosaki, will tell you the 401(k) is a 'Horrible' retirement plan. Why is that the case, and are they really right? Tune in this week for our take. Send your personal finance questions to checkyourbalances@outlook.com This episode is on YouTube: https://youtu.be/J0wkYS_MBsY @checkyourbalances on Instagram Send us Fan Mail Send your questions...

Mortgage rates have already have already dropped more than a full percent from their recent highs. Is it too soon to talk about refinancing your mortgage? Why don't financial podcasters talk about the real costs associated with a refinance? Tune in this week to hear our take. Send your questions for the show to checkyourbalances@outlook.com ! We're @checkyourbalanes on Instagram This sho...

Perhaps not the most romantic reason, but does it make sense to get married for the tax benfits? Also how do you invest if you've got a windfall of cash to deal with? That and more in this week's mailbag episode. Send your questions to checkyourbalances@outlook.com to be featured on an upcoming show! We're @checkyourbalances on Instagram This episode is on YouTube: https://youtu.be/...

We commonly talk with people that underestimate the impact of Social Security (and pensions) and how big of a deal it can for building their retirement plan. This week we have a philosophical question about how to think about it and how it relates to your own plans. Find this episode on YouTube: https://youtu.be/5NcTxmt0Xf4 We're @checkyourbalances on Instagram Email checkyourbalances@outlook...

How do the taxes actually work on a non-Roth IRA? Should you prioritize Long-Term Care Insurance or Disability Insurance? If you're like our listeners, these questions may be on your mind too. Send your financial planning questions to checkyourbalances@outlook.com to be featured on upcoming episodes! You can also find us @checkyourbalances on Instagram This episode is on YouTube: https://yout...

The past couple of weeks have shown an interruption in what has otherwise been a very comfy ride in the markets so far in 2024. With some major investors unloading big chunks of stock we look at the recent volatility and talk about whether it should affect positioning moving forward. Send your questions for the show to checkyourbalances@outlook.com Find each episode on YouTube We're @checkyou...

This week we are joined by Meredith Hill, the founder and principal attorney, of the Hill Law Group. Meredith joins the show to discuss who needs estate plans and the pitfalls that families can fall into without having the proper documents in place. Send your questions for the show to checkyourbalances@outlook.com to be featured on upcoming mailbag episodes! Find this episode on YouTube We're...

This week we celebrate that the IRS has finally clarified guidance for Inherited IRA Required Minimum Distribution (RMD) rules. And also an update on the ongoing housing drama for Ross. Send your questions for an upcoming mailbag to checkyourbalances@outlook.com This, and all new episodes, are on YouTube Find us @checkyourbalances on Instagram Send us Fan Mail Send your questions for upcoming show...

This week Ross and Dan welcome tax attorney and expert, Jasmine DiLucci to the show to talk about how you can use the tax code to your advantage, and avoid silly scams that originate online. Send your questions to the show to checkyourbalances@outlook.com Find this episode on YouTube We're also @checkyourbalances on Instagram Send us Fan Mail Send your questions for upcoming show to checkyour...

This week Ross and Dan break down what they look for when evaluating a clients' 401(k) plan and whether it's actually any good. Some a great, and some not be the best home for your funds. Tune in this week to find out! Email checkyourbalances@outlook.com to submit questions to the show! This episode is on YouTube ! We're also on Instagram ! Send us Fan Mail Send your questions for u...

This week Ross and Dan dive into the mailbag to find what books they missed, whether recasting a mortgage is worth it (debate style) and how to calculate an RMD. Want your question on the show? Email us at checkyourbalances@outlook.com ! Find this episode on YouTube Or find us on Instagram @checkyourbalances Send us Fan Mail Send your questions for upcoming show to checkyourbalances@outlook.com @c...

What has been on the recent reading list for Ross and Dan, and should you considering adding it to your beach reads? We'll give you our take so you can decide if you should give it your time. Send your questions for Check Your Balances to checkyourbalances@outlook.com to be featured on the show! This episode is on YouTube We're also on Instagram: @checkyourbalances Send us Fan Mail Send...

This week Ross and Dan dive into a deal that Bobby Bonilla made in 1999 that will continue to pay him a reported $1.19 million per year until 2035. Why would the Mets make that deal, and who was the big winner? Tune in to find out! Send questions to the show at checkyourbalances@outlook.com . Find this episode on YouTube We're @checkyourbalances on Instagram Send us Fan Mail Send your questio...

This week Ross and Dan unleash the fury on unnecessary products being sold to people that simply don't need them. Tune in to make sure you think about the right considerations when an annuity salesman turns their sights on you. Send questions for the show to checkyourbalances@outlook.com to have them featured on upcoming episodes! This episode is on YouTube We're also on Instagram Send u...

This week Ross and Dan tackle listener questions about how Inherited IRAs are taxed, who needs a trust and why, as well as whether financial planning could be a part time venture. All that, and Dan's pool getting opened in this week's mailbag! Sned your questions checkyourbalances@outlook.com to be featured on an upcoming episode! This episode is on YouTube Find us on Instagram Send us F...

Ranging from where the market goes from here to radical Bitcoinization of the monetary system, this week's show is dedicated to Ross and Dan weighing in on a series of reckless predictions. Check this episode out on YouTube Follow us on Instagram @checkyourbalances Or email us at checkyourbalances@outlook.com to have your questions or topics featured on the show! Send us Fan Mail Send your qu...

This week we welcome financial content creator and author, Brian Feroldi, back to the show. Learn why the P/E ratio is a sloppy metric at face value. What metrics should you use depending on what stage of life a business is in? Tune in to find out. Send your questions for the show to checkyourbalances@outlook.com to be featured on upcoming episodes! Find this episode on YouTube We're also on...

Could being an authorized user on a business credit card really affect your credit, even if you're not on the hook for the debt? This week Ross and Dan dive into the mailbag to give genuine reactions and advice to listener questions. Send your questions to checkyourbalances@outlook.com to be featured on an upcoming episode! Find this episode on YouTube We're also on Instagram Send us Fan...