Money Talks

In addition to answering your phone calls and emails, we've got money saving tips for 2020 from AARP https://www.aarp.org/money/budgeting-saving/info-2020/99-ways-to-save.html Amazon Prime Day is officially delayed, but not cancelled, due to the pandemic. A new date for the typical mid-July sales event has not been announced. Mississippi's sales-tax-free weekend is coming up Friday, July 31 to Sat...

What is Day Trading? Is it risky? Can anyone do it? Hear Ryder and Nancy's opinions. We also talked about a cashless society / the coin shortage. Calls concerned: cashless - discriminatory? why wouldn't a store want to take cash not all sales are belief that stock is going down buyer beware Katrina caused a cash only society According to the new server Reuters: Major U.S. brokerages that reported...

Guest: Adam Black, Renesant Bank 601-540-0302 https://apply.renasantmortgage.com/#/loan-officers/adam.black@renasant Who is a "first time" home buyer? What are some special programs available? Do you know the difference between pre-qualified and pre-approved? How much of a loan do you qualify for vs. can you afford? What's the difference between deferment and forbearance? https://www.ms.gov/Agenci...

Guest Shawn Mercer, Regional Manager with the Social Security Administration is our guest. Calls dealt with: payroll tax end of life documents needed do earning affect benefit disability and civil service benefits benefits medicare taxes email with myssa Social Security Administration handles: Retirement insurance Survivors insurance Disability insurance Hospital and medical insurance for the aged...

https://www.finra.org/investors/learn-to-invest/choosing-investment-professional Registered Financial Professionals Buy and sell securities for their customers, including individual investors. They are regulated by FINRA and the SEC. Investment Advisers Provide advice about securities tailored to the needs of their clients. They are regulated by the SEC or state securities regulators. Financial Pl...

This broadcast highlighted many of the organizations that provide help during the pandemic and our recent podcasts that dealt with some of these issues. Unemployment The CARES Act added $600 per week from the federal government on top of whatever base amount a worker receives from the state. July 13th, this benefit end. The legislation also adds 13 weeks of unemployment insurance. Typically, self-...

Have you gotten your Economic Impact Payment? Will you be traveling during the "Summer of Coronavirus"? irs.gov/coronavirus/economic-impact-payments People who have lost or destroyed their Visa prepaid debit cards now can request a free replacement through MetaBank’s customer service department. You can call 800-240-8100 (select option 2 from the main menu). If your address changed, you may need t...

Our guest is Dr. Charles Beady, the Executive Director of Mississippi Food Network, which began in 1983 as a warehouse facility that would accumulate, store, and distribute food for charities who would then make the final distributions to needy people in their community. MFN is a member of Feeding America, the nation’s largest domestic hunger-relief organization. https://www.msfoodnet.org/ There a...

Our experts check in and update us with the financial news in Mississippi and USA. Topics covered: financial markets future Economic Impact Payments HEROES Act EIP debit cards Safe Return Emergency Funds start small in your savings account maybe move larger amounts to a money market automatically save beware of securities Credit Reports get your free WEEKLY reports check them carefully https://www...

No sooner do we come out of the Safer at home executive order but it’s almost hurricane season. Today’s show is an encore broadcast from May 8th 2018. Our hosts, Dr Nancy Lottridge Anderson, President of New Perspectives and Ryder Taff, Portfolio Manager at New Perspectives give advice on how to prepare your financial first aid kit.  http://moneytalks.mpbonline.org/episodes/5cd31f1533f6c...

What's going on in Mississippi this week? We are still under the Safer-at-home Executive Order number 1477 that was extended and remains in effect until Monday, May 25th. Governor Tate Reeves is encouraging all of us to stay at home unless engaged in Essential Activities or Essential Travel. Gov. Tate Reeves has expanded social distancing guidelines for Attala, Leake, Scott, Jasper, Neshoba, Newto...

Guest: Bruce McClary from the National Foundation for Credit Counseling https://www.nfcc.org/ DATES TO KNOW: Submit your banking information to receive direct deposits of Economic Impact Payments by 11am Wednesday, May 13th, 2020.Mississippi Income Tax Returns and Payments are now due July 15th, 2020. Topics on the NFCC's website include - 10 Smart Ways to Reduce Expenses and Tighten Your Budget t...

Money Talks expert host, Dr. Nancy Lottridge Anderson was inspired by a recent phone call on the show to talk about the history of money. Listen here to the audio from the creative you tube video she and her husband created or find a link to the video on this site. Thank you for listening and supporting Money Talks on Mississippi Public Broadcasting. Money Talks can be heard live on MPB Think Radi...

From our experts at New Perspectives: We've been presented with questions and concerns surrounding stimulus payments for residents of Medicaid-funded skilled nursing facilities (a.k.a “nursing homes”). Will they get a check? Will they actually get to KEEP the money? Will a stimulus payment affect their Medicaid eligibility status? Hopefully we can offer a bit of clarity. While these residents are...

Are you waiting for an Economic Impact Payment? Will you have to wait until June? September? April of 2021? Expert Dr. Nancy Lottridge-Anderson answers your questions (and learns a thing or 2 from our listeners who share their knowledge). From Social Security: Please note that we will not consider economic impact payments as income for SSI recipients, and the payments are excluded from resources f...

Guest was: Ivan Drury, a Senior Manager in the Insights Division at Edmunds.com, where he examines trends in the automotive industry and provides insights for Edmunds’ monthly sales forecasts.  https://www.edmunds.com/car-news/coronavirus-faqs-for-car-shoppers-and-owners.html Questions were asked about stimulus checks, car leasing, Prius vehicles. Discussions covered: showrooms, internet sale...

Free Oil! "They're going to be giving this stuff away soon" I mumbled to myself as I shook change out of a fifteen dollar bill to fill my tank. When I drive by a gas station with low prices, I remark "they're going to be giving it away soon." It's my inside joke that gets a guaranteed eye roll from whoever else is in the car. Sometimes that is just me. Recently, some gas stations have come cl...

UPDATE: Read host Ryder Taff's blog post about oil prices going negative https://newper.blogspot.com/2020/04/free-oil.html The official name for the COVID-19 stimulus checks is the Economic Impact Payment. Have you gotten your check yet? Want to see when you should get your check? Get My Payment is helping millions of taxpayers. Since its launch on April 15, millions of taxpayers have be...

This is the 8th week Money Talks has focused on the financial aspect of the COVID-19 pandemic. Don't compound your financial troubles by being a victim of scammers targeting your economic impact payment. Guest Wilks Cutrer from MPB's Everyday Tech gave out some advice. http://everydaytech.mpbonline.org/ Beware of scammers wanting to reimburse you for your extra costs during this emergency or sell...

What a jam packed podcast! We took so many calls and emails with our guests: Jackie Turner, Executive Director and Timothy Rush, Director of Unemployment Insurance from MDES. Have a listen - maybe we answered your questions. The big takeaway from the show - have patience. This is happening fast. The 900 phone lines are jammed. Try again, try another phone line, try to email. Have patience. Visit t...

Listeners want to know how the CARES Act will affect their personal finances. Host Dr. Nancy Lottridge-Anderson, remotely, answered questions for the hour. The Mississippi Department of Employment Security announced recently that Mississippi workers who are not able to work due to COVID-19 will be eligible to file for unemployment benefits.         &nbs...

Nancy Lottridge-Anderson answered questions remotely for our show. IRS extened filing and payment deadline to July 15, 2020 for 2019 person income taxes https://www.irs.gov/newsroom/payment-deadline-extended-to-july-15-2020 Mississippi Department of Revenue extended the deadline to pay and file state taxes to May 15, 2020 for individual and corporate income tax https://twitter.com/MSDeptofRevenue/...

We continue to experience the financial effects of COVID-19. Ryder Taff talks more about the stock market and our economy. Call topics: percentage of budget going to food losing a job due to the virus municipal / treasury / corporate bonds Websites we discussed: Congressional leaders, administration push swift action on third coronavirus relief bill with major economic stimulus. https://www.washin...

MPB's Money Talks discusses the stock markets' reactions to the 2020 Corona virus ramification. Market circuit breakers Oil and gas futures Airline change fees Fees for financial advisers Mortgage rates Ryder Taff mentioned the Wall Street Journal article about circuit breakers. https://www.wsj.com/articles/traders-closely-watching-circuit-breakers-thresholds-11583761223 Here's another article abo...

What's going on with the 2020 stock market?! Our Chartered Financial Analyst takes questions and talks about uncertainties and personal finance. Ryder Taff from New Perspectives Check the background of this investment professional on  FINRA's BrokerCheck . Joshua Ryder Taff CRD# 6009566 Calls concerning: Aggressive investing during retirement Paying off a mortgage Investing in the stock...