#62 - Is it Better to Buy or Rent a Home? It Depends on Budgetary Discipline
Whether you choose to rent or buy your home, it is a major life decision that affects not only your lifestyle but also your financial health
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David Mulonas
- Jun 3, 2021
- 2 min
PFT #25 - Rolling In Closing Costs into a Home Purchase or Refinance
Rolling in closing costs into a mortgage avoids paying money upfront, but it is costly and signals a need to save more before buying a home
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David Mulonas
- Jun 1, 2021
- 4 min
#61 - The Current and Future State of the Student Loan Crisis
The Federal Reserve Bank of St. Louis, says student loan borrowers owe a collective $1.73 trillion in federal and private student loan debt
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David Mulonas
- May 28, 2021
- 2 min
PFT #24 - The Reason Alcohol at Bars and Restaurants are Expensive
Wine and alcohol are expensive when dining and it based on the ingredient cost and the mark up known as the pour cost
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David Mulonas
- May 26, 2021
- 6 min
#60A- What is Inflation and How Does it Effect the Economy and the Stock Market?
Inflation is on the rise in many financial sectors of the economy. What causes it and what is the best way to invest when prices increase?
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David Mulonas
- May 24, 2021
- 3 min
#60 - Listener Feedback: You Can't Retire on $1 Million Dollars and Have a 45-year Nest Egg
How much money do you need to to retire early and comfortably for a long period of time?
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David Mulonas
- May 20, 2021
- 2 min
#23 - Personal Finance Tip: Save Money on Gas With the GasBuddy App
Reduce your fuel cost by using the GasBuddy app. Compare prices by brand, location and price and use their rewards card to save more money.
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David Mulonas
- May 16, 2021
- 5 min
#59 - Is it Better to Lease or Buy a Car? Low Inventory Inflates Prices and Impacts the Budget
Leasing means you'll always have a monthly payment with new features. On the other hand, buying a car has will provide eventual ownership.
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David Mulonas
- May 13, 2021
- 2 min
PFT #22 - Personal Finance Tip: How to to Save Money on the Internet Bill
The personal finance tip of the week centers on saving money on your Internet bill in the budget.Â
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David Mulonas
- May 12, 2021
- 2 min
Who are Fannie Mae and Freddie Mac?
Fannie Mae and Freddie Mac are government sponsored enterprises (GSEs). They buy mortgages from lenders to free up capital for borrowers.
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David Mulonas
- May 10, 2021
- 5 min
#59 - Why the FIRE Movement Should Be Called FISH: Financial Independence Side Hustle
Change Financial Independence Retire Early to Financial Independence Side Hustle (FISH). Most people cannot retire without having a job.
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David Mulonas
- May 7, 2021
- 2 min
PFT #21: Personal Finance Tip: Shave Your Budget Down With the Razorpit Blade Cleaner
The Razorpit blade cleaner extends the life of razor blades by 6-15 times and it will save you money for years to come.
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David Mulonas
- May 3, 2021
- 6 min
#57 Life After College: I Need Job. I Need a Budget. Where Do I live? Help!
We are parents of kids that are now out of undergrad and facing real life. The kids need to find jobs, budget and figure out their lives.
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David Mulonas
- Apr 30, 2021
- 1 min
Government Sponsored Entities (GSEs)
A government-sponsored enterprise's (GSE) function is to enhance the flow of credit to targeted sectors of the economy.
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David Mulonas
- Apr 29, 2021
- 2 min
PFT #20 - Personal Finance Tip: When is the Right Time to Buy a House?
Low interest rates, lack of labor and supply are the right ingredients for an unprecedented housing market; perhaps a housing bubble.
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David Mulonas
- Apr 26, 2021
- 5 min
#56 - The Financial Crimes of Bernie Madoff and the Rise of Ponzi Schemes
Bernie Madoff was an American financial businessman who was responsible for the largest Ponzi scheme in history of $17.5 billion dollars.
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David Mulonas
- Apr 22, 2021
- 2 min
PFT #19 - Personal Finance Tip: How to Save on Your Gardening Budget
A great way to save money on flowers is to buy flats of flowers and make your own hanging baskets. This can save 50% on cost.
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David Mulonas
- Apr 16, 2021
- 2 min
Should You Make Biweekly Mortgage Payments?
Many mortgage companies have a biweekly payment plan to make 13 payments each year. This can you save thousands of dollars interest.
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David Mulonas
- Apr 14, 2021
- 2 min
PFT #18 - Creating Disposable Income in the Budget When You Buy a New Product
Successful personal finance managers have discipline and put in the work to buy quality productand create disposable income.
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David Mulonas
- Apr 13, 2021
- 2 min
What is an Emergency Fund
When it comes to financial planning one key component is to have an emergency fund. This differs from a rainy-day fund which is for...
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