Something On My Mind

The budget tip of the week covers the details around private mortgage insurance or PMI. How it is added to a mortgage, how it is calculated and how to remove it.  

This episode starts off with the roundtable and discusses a unusual gift that she received for Christmas  For main discusses the steps needed to obtain a credit card for your children and with proper management why it can be a great benefit in the adult years of life.  In the stories montage discusses the decisions companies are facing with the work-from-home employees. Should they pay the same mo...

The budget tip of the week covers the details around using the money in your flexible spending accounts (FSAs) for medical and dependent care before January 1st.   

The roundtable discuss the white elephant experience and with analyzation on how funny people sound when they are drunk by playing audio at half speed.  The main topic discusses the pending stimulus checks, and they take a question of the week from a listener regarding deferred interest (or 0% credit cards). They have promotional rates but also accrue interest that may be charged back at a later d...

The budget tip of the week covers the benefits of collecting gift bags, tissue paper, boxes, bows and anything else used in packaging gifts for people. When participating in this activity you alleviate the hassle of purchasing these items each year while saving money and reducing the environmental waste.  

An interview with Vinnie Fisher who is a three-time best selling author of entrepreneurial and business books.  Vinnie also founded Fully Accountable, an outsourced full service cutting edge accounting firm, that helps eCommerce and Digital business owners through fractional CFO and accounting services. Listen to this motivational and inspiring interview with Vinnie and you can also get free downl...

The budget tip of the week covers the average cost of eating out for lunch and provide ways for cutting back, and what you do with the savings.   

What things that you can do to finish your budgeting and investing off for the year? This includes reviewing your budget for IRAs, Roth IRAs and 401(k)s etc. In addition, how to manage bonuses, FSAs and HSAs and the review of spending habits to analyze the yearly budget.  For the stories: how a 51-year old cipher was cracked by enthusiasts that was sent by the zodiac killer in 1969. Lastly: the st...

This episode discusses how to manage your holiday budget so that you can avoid building up credit card interest. In addition, what is the real art of meaningful gift giving, cost effective ways to give to a charity and the white elephant gift event. In the Coronavirus montage, the first story highlights Christmas trees and why some of them have praying mantis eggs hanging from their branches.  The...

This episode discusses pet insurance: how it works and what you need to consider before choosing to pay for coverage. In addition, they discuss the need for owners to factor in pet insurance into their budget. In the roundtable David discusses how his son chooses to pay for parking tickets at college which is still cheaper than paying for a semester parking pass. Hopefully no one else catches on t...

A question of the week from a listener who asks . . . Is there a standard ratio on how to allocate savings? I do not know how to decide how much to put into my retirement account versus my taxable investments, vs. CDs/High-yield savings, etc. Stories section: three sisters determined through DNA testing that their father was a missing person and had been raised by the family who kidnapped him. Las...

In this episode David and Cindy discuss how to save money on products that you buy while at the same time helping the environment. The goal is to purchase items that reduce waste (mainly plastic and single use items) and this can be done by replacing your current products at a lower cost to your budget. They also pay tribute to our veterans and highlight the story of a hundred-year old World War I...

We launched our podcast 30 weeks ago and we are excited to bring you the second season and we have many exciting developments to enhance the show.  

This episode interviews Myles Gage and Brian Curcio from the award winning investment app, Rapunzl. These two gentlemen met in high school and began trading in the stock market and consequently, decided to create an app to trade stocks in simulation with contest payouts. In addition, they engage with high school and college students to teach them final education and put them on the path toward goo...

This episode explains how stock dividends are established, how they benefit the shareholders and how to use them to buy back stock and create compound interest. The stories montage: the history of Halloween, how much candy is spent each year, and the top 10 ten scary movies and costume stories that people have shared from past Halloween’s.  

This episode reviews the F.I.R.E movement which stands for Financial Independence Retire Early. It incorporates many of the savings techniques needed to retire; however, the goals may not be sustainable once the plan is in place. Offbeat stories montage: what people have shared in how they cut back on costs when choosing extreme frugality. Next: A story of a couple ordered an $18 bottle of wine ye...

In this episode David reviews feedback from listeners and how they made positive impacts with their personal finance choices to improve their futures. Next: How much life insurance that you need to cover your loved ones and guidelines that you can follow to prepare for the future. This is arbitrary decision. Next: there is a recent survey that says there is an increase percentage where democrats a...

This episode discusses the statistical impact that past presidential elections have had on the economy.. They provide personal financial tips with dollar cost averaging that you can use leading into the upcoming election. In the Coronavirus montage: A well-known UFO hunter claims that he identified a bible on Mars from a NASA photo. Next: a recent study says that humans are reducing as well as add...

The interview with Tim Bates who has 20 years of experience in the film industry managing projects from concept to production. He is also an experienced voice over artist and is a board member for the Kentucky Film Association. In the interview Tim discusses how COVID has affected film budgets and the way they are made. In addition, he provides insight on how actors feel about their jobs including...

This episode discusses lifestyle creep which is when people spend more because they make more money and do not adjust their budgets to manage their debt and save properly for retirement.  Coronavirus montage: the snafu with the upcoming election due to the many mail-in election ballots being cast and individual state rules. Next: The story of a surfboard that was lost in the waters of Hawaii and w...

In this episode David and Cindy review a cash out refinance versus a home equity loan versus a home equity line of credit. They also provide an analysis of what may be the best option to use one of these loans and the drawbacks to borrowing the money. In the Coronavirus montage they discuss the story of a woman who cut off her hand in an effort to receive an insurance payout and the story of a nat...

This episode reviews how to evaluate debt-to-income ratio (DTI): how to calculate it, what to watch for in your budget, and how it used for evaluation when buying a home. Next, the interview with Dr. Peter Rork, the co-founder of Dog is MyCoPilot. He created a charity where used his own airplane to fly dogs and cats to adoption shelters to save them from being euthanized. He has saved over 15,000...

This episode reviews the Robinhood online trading platform. From breakdown their pioneering marketing, unusual trading practices and their history of website outages causing some traders to lose large amounts money. Coronavirus montage: what are the common words and phrases that people say incorrectly and the story of a woman whose kept a McDonald's hamburger in her closet for last 24 years. Next:...

The interview with highly decorated former Navy Seal Tom Chaby. He spent 26 years the military and was leader commanding teams from four to 1,000 in over 60 countries throughout the world. He has led missions in many critical areas of the world including Operation IRAQI FREEDOM and Operation ENDURING FREEDOM. In addition, he was a SEAL Instructor leading the current generation of SEAL operators.  ...

The interview with Ryan Doyle the founder and Owner of Video Vision 360, a global video production company. They discuss how he started video recording with a $400 camera and developed it into an international business. He also discusses his philosophy on recording “all things epic” and his outlook on running his business with respect to forming long lasting relationships. Additionally, they discu...