Money Talks

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...

Nancy and Ryder often give advice on what to do with your money. Today they’re going to remind you what you might NOT want to do with your savings, investments, or retirement funds. They also take other personal finance questions.  Precious metals Cryptocurrency Recent stock market drop Young adult's debt No credit score Ginny Mac Free IRS filing https://www.irs.gov/ https://www.irs.gov/filin...

It's National Second Hand Wardrobe Week February 9th - 15th! Guests from various types of stores - Thrift: Michelle Hatfield, Community Relations Director for The Salvation Army - Jackson https://salvationarmyalm.org/jackson/family-store-salvation-army/ Consignment: Parker Wilkinson, Store Manager for Repeat Street, Jackson https://www.repeatstreet.net/ Pawn: Monique Worthy, Store Manager for Plat...

Did you know your credit score will change this summer because of new metrics? Money Talks experts will explain what a FICO credit score is, how to obtain and understand your credit report, and take your personal finance questions. ·      To order, visit annualcreditreport.com, call 1-877-322-8228. Or complete the Annual Credit Report Request Form and mail it to: Annu...

We covered a lot of material on this broadcast! Where does $100,000 in retirement savings last the longest? Mississippi https://money.yahoo.com/retirement-savings-states-165907606.html Powerball and Mega Millions lottery tickets go on sale Thursday, February 20th 2020 in Mississippi. https://www.mslotteryhome.com/ We did an episode about the lottery in Mississippi (link to come) and an episod...

Our experts from New Perspectives discusses with host, Kevin Farrell, the SECURE Act. Increased the required minimum distribution age Increased the maximum contribution age No more stretch IRAs Annuities in 401(k) plans Birth or adoption of a child Student loan debt Multiple employer plans for small businesses Encouraging auto-enrollment in retirement plans by employers https://waysandmeans.house....

January is Financial Wellness Month, Get Organized Month, and Tax Identity Theft Week - January 27 - February 2, 2020 Internal Revenue Service announced last week that the official opening day of the 2020 tax season for individuals will be Jan. 27 Reasons to file tax returns as soon as possible: Avoid tax identity theft: Tax Identity Theft Week - January 27 - February 2, 2020.  This fraud is...

Is your IRA    made up of CDs , LLCs ,         or invested in the NASDAQ ? Do you pay PMI             on your FHA loan? What do all these acronyms mean? Our CFAs          talk about some of these questions and take your personal finance calls. Calls: What...

Guest, Ray Higgins - Director of PERS This podcast has information about PERS for retirees, those close to retirement, and those employees still working with retirement in the future. You could read the Public Employee Retirement System of Mississippi handbook, or listen to MPB’s Money Talks broadcast and podcast with the director of PERS, Ray Higgins. You’ll get a good understanding of how PERS b...