What's Your 1 More?

Are you wondering why your wallet hurts a bit more than it used to pre-Covid? Today, we take an in-depth look at the Consumer Price Index (CPI) released by the Federal Reserve that morning. It’s time to understand inflation deeper as we break down the three types of indexes - CPI, PCE, and PPI - and look at what each measures. We cover the strategic oil reserve, which has been used to reduce gas p...

Is the Federal Reserve after your job?! Today, let’s dissect the reliability of job reports and why the Federal Reserve is struggling to make accurate policy decisions with them. We’ll also explore how inflation drives up prices and what that means for consumers. The conversation then turns to the latest JOLTS report, which reveals a significant drop in job openings due to COVID-19 mass layoffs an...

Want a home, but low inventory is slowing down your options? Build your own! In this episode, we delve into updates offering buyers a chance to buy, build, or close. We also shed light on the Hometown Heroes funding, a weekly cash injection for buyers in a scarce inventory market, and discuss the significance of the "5% is the new 3%" notion in today's housing landscape. If interest rates dip to 1...

Wow! We’re seeing surprising trends in credit card debt and worrying shifts in the U.S. savings rate. While the current Administration says, “all is well,” the numbers tell a different story. In this episode, we expose the state of the US economy and how it’s impacting our day-to-day lives. From the Personal Consumption Expenditure (PCE) index to DoorDash services, explore how we can save money an...

When was the last time you ordered take-out or fast food? Did it hurt your wallet a bit? You’re not alone; the issue of food costs and how it has been impacted by inflation is worrying, and in this episode, we dive into a first-hand account! The main antagonist of today’s story? DoorDash! We unpack the commission model and the differences between ordering via their service compared to in-person an...

Do you want to create or build up a personal brand and open up opportunities for more engagement on and off the platform? Today is the day! In this episode, Thomas Rehberg uncovers how he leveraged YouTube to create a digital brand and generate awareness for himself and his business. With his strategy, he built his real estate business exponentially in the past year by building relationships with...

Did you know we’re currently short 800 billion dollars on the 10-year treasury? Hedge funds are taking notice, and in this episode, we discuss what this could mean for the market if Federal Reserve Chairman Powell makes a statement at the Jackson Hole meeting this Friday. Get some insight into how shorting works without actually owning an item and how it can affect the debt levels of consumers. We...

Would you ever imagine a childhood classical piano prodigy would go on to produce hit Hip Hop records? In this episode, J. Dash joins us to share his unfiltered journey through the music industry. From classical music at five years old to the global success of his hit song "WOP" in 2020, Jay speaks candidly about high-level info like organic promotion and talking to the right people in power when...

What are you really judged on when you apply for a loan? If you’re applying, there are some changes to the standard model that will affect you. In this episode, we explore the transition from three credit reports (TransUnion, Equifax, and Experian) to two (FICO score and Vantage Score 4.0). You’ll discover how lenders use credit reports to assess potential borrowers and how the transition to two c...

The Lock-In Effect is sweeping across the nation, and it’s priming the real estate market! The 'Lock-In effect' is when homeowners are locked into a lower interest rate than currently available. With over 92% of all mortgages in America having a 6% or below interest rate and 82.4% being 5 or below, it is estimated that when a 5% mortgage comes online, it will be the new 3%. In this episode, we’ll...

Have you ever felt the rush of a once-in-a-lifetime opportunity slipping through your fingers?" We’re here to put your mind at ease! In this episode, we delve into the whirlwind of August lending updates, starting with the Florida Hometown Heroes program, an initiative that saw a staggering $100 Million evaporate in a mere 60 days! Daniel Halverson from the Bank of England joins us on the show to...

Would you ever have imagined a single decision by a rating agency could ripple through the entire US economy? Buckle up! In this episode, we take a deep dive into the US credit rating being downgraded by Fitch Ratings for the second time in modern history. We unveil what caused this downgrade, its potential effects on the economy, and how it may be addressed. We’ll unpack the words of two Federal...

Do you have a financial plan in place for college? Brad Baldridge, a certified financial planner, college funding consultant, and chief podcaster at Taming the High Cost of College, joins us on this episode to uncover how parents can save for college. With 25+ years of experience helping families reduce college costs, Brad advises that early-stage planning is vital and encourages parents to look b...

Did you ever think Taylor Swift’s blockbuster tour would impact the dynamics of monetary policy and economics? In the wake of the Personal Consumption Index (PCE) dropping the other day, the Federal Reserve encourages consumers to slow down their spending. Yet influences like Taylor Swift’s US tour continue to have an incredible economic impact on the cities she visits. From ticket prices soaring...

Imagine starting your real estate empire with no money down. Are you curious about real estate strategies like these that boost your wealth? In this episode, Bestselling author and Wicked Smart Companies founder Chris Prefontaine joins us to share his innovative tactics refined during the 2008 financial crisis. We explore owner financing, lease purchases, and buying subject to existing loans while...

Could your home be a goldmine waiting to be unearthed? The data doesn’t lie! In this episode, we unravel the conflicting dynamics of the current home resale market at play. We delve into the equation of how plummeting sales and dwindling demand might unexpectedly translate into a seller's market. Armed with fresh-off-the-press data, we examine the limited turnover of homes in the US and the "lock-...

Have you ever wondered what it's like to front a popular rock band? Dive into the fast-paced world with Saliva's charismatic lead singer, Bobby Amaru. Bobby is a talented musician, father, and husband. Today, he unveils everything from his music-infused upbringing to the revival of Saliva and its fanbase in this episode. We dive deep into the scene with talks around social media's impact on music,...

The endless news cycles, social media posts, and public opinion often trigger a cascade of fear and anxiety. As prospective home buyers, these feelings can cloud our judgment and decision-making. Are we buying at the peak of the market? Are we missing out on a better opportunity? These questions loom large. In this episode, we address and debunk more misinformation instigated by the news and socia...

Find out everything happening in the complex world of lending. In this episode, Daniel Halverson joins us in navigating market trends for three borrower types, highlighting challenges in conveying market information, and suggesting equity transition strategies for real estate agents. We’ll unpack the impact of a new Florida law restricting foreign ownership of certain properties and current econom...

In this episode, we explore the maze of the Student Loan Debt Forgiveness Act, enacted in March 2020 and renewed every 8 months since. Discover the shockwaves caused by the Supreme Court's decision to overrule the Act's second section - a generous $20,000 forgiveness for households earning up to $125,000. As we quickly approach the September 1st deadline for repayments, we simplify what's on the h...

As the economic tides shift and core PCE hits 4.6%, one question emerges - can the anticipated rate hike from the Federal Reserve be the game-changer to steer inflation back to a manageable 3.2 to 3.5%? In this episode, we discuss the impact of shifting job reports, the pressure of surging 10-year yields on the bond market, and the potential effects of the Federal Reserve's looming policy decision...

By popular demand, Dan Habib is back on the show, bringing his 18+ years of experience in the mortgage industry! Dan is a powerhouse honored with several awards and magazine publications and is currently the Chief Revenue Officer for MBS Highway—a platform designed to help educate mortgage professionals and make them experts. In this episode, we dive into the current economic landscape, exploring...

Trivia for you golfing fans- Who was the first South Asian to win a major championship and reached the world Number One ranking in 2004 and 2005? Answer: today’s honored guest Vijay Singh! In this episode, he recounts his journey from learning golf as a child from his dad to his impressive professional career of winning 34 events on the PGA Tour, including three major championships. You’ll hear ab...

Have you noticed issues surrounding the current state of healthcare and its implications on families in the US? In this episode, Eric Ross (Hot Sauce Ross) joins us to dive into the subject, highlighting the drastic insurance cost increases over the last 15 years and the urgent need for consumer advocacy. Eric is an RN and CSO of Two-Twelve Benefits who is on a mission to change the strategies sur...

Forecasted figures point toward an interest payment on the national deficit of 1 trillion by 2030. How will we get out of this one?! It’s time to dive into the world of national economics! In this episode, we tackle the Federal Reserve's recent short-term interest rate increases and their impact on regional banking and the staggering $32 trillion national deficit. We’ll unpack how such a colossal...