#48 - No Budget Typically Means no Planned Retirement: You Need a Fixed Budget. We'll Show you How.
According to many different surveys around â…” of people do not follow a budget or if they have one, they do not maintain it.
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David Mulonas
- Feb 21, 2021
- 5 min
#47 - The 2020 Tax Review: Why You Don't Want a Tax Return & How The Money Improves the Budget
If your standard deduction is less than the total of your itemized deductions, then you should be able to save money.
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David Mulonas
- Feb 18, 2021
- 2 min
PFT #10 - Personal Finance Tip: How Coffee Slowly Drips Away Your Monthly Budget
Just Imagine if you are a family of four that drinks coffee everyday; the amount of money that can be saved is staggering.
38 views0 comments
David Mulonas
- Feb 8, 2021
- 8 min
#45 - The 401(k) and the Roth 401(k) Review
The max contribution for the 401(k) and the Roth 401(k) is $19,500 yealry. If you're over 50, you can add $6,500 in catch up contributions.
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David Mulonas
- Jan 31, 2021
- 10 min
#44 - The GameStop Short Sell Where the Little Guy Beat Wall Street at Their Own Game
Shorting a stock whens shares are borrowed from a broker on margin and have to be be paid back with interest to the broker.
43 views0 comments
David Mulonas
- Jan 29, 2021
- 2 min
PFT #7 - Personal Finance Tip: Rule of 72 and Compound Interest a Retirement Nest Egg
In today’s world it is incumbent on you to build your retirement nest egg therefore, you can use the rule of 72 as a base calculation.
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David Mulonas
- Jan 25, 2021
- 6 min
#43 - To Trust or Not to Trust: How to Protect Your Investments and Your Estate
Trusts supersede a will when there is discrepancy. Most attorneys recommend that you have a will and a trust for backup protection.
32 views0 comments
David Mulonas
- Jan 21, 2021
- 2 min
PFT #6 - Personal Finance Tip: Hand Washing Your Dishes Wastes Water; Let the Dishwasher Do the Work
The bottom line is that if you have an Energy Star rated dishwasher this means that you will be using ¼ less energy than washing by hand.
34 views0 comments
David Mulonas
- Jan 18, 2021
- 5 min
#42 - How to Get Employer Health Insurance When Having a Domestic Partner or a Civil Union
A domestic partnership is when two people live together and are involved in an interpersonal relationship living as if they're married.
33 views0 comments
David Mulonas
- Jan 15, 2021
- 2 min
PFT #5 - Personal Finance Tip: Prolong the Life of Your Candles and Help Your Budget
By our estimation, you can extend a candle’s life by approximately 25% - 50% more than what is stated on the jar.
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David Mulonas
- Jan 6, 2021
- 2 min
PFT #4 - Personal Finance Tip: What is Private Mortgage Insurance (PMI) and How to Get Rid of it
PMI occurs when you do not have at least 20% of equity or 80% loan-to-value when you purchase the home.
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David Mulonas
- Jan 4, 2021
- 6 min
Podcast #40 - Establishing Good Credit for Your Children and Some Important Reminders for Adults
How do we establish credit for your children? They cannot apply for a credit card legally until age 18; they may may have an authorized user
56 views0 comments
David Mulonas
- Jan 1, 2021
- 2 min
PFT #3 - Personal Finance Tip: FSA Funds - Use Them or Lose Them
If you don’t spend your FSA money by January 1st your account value will go to zero dollars. So stock up on supplies to use that money
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David Mulonas
- Dec 31, 2020
- 5 min
Podcast #39 - Deferred 0% Interest Rate Credit Cards and How They Impact Your Budget
Rule #1: as long as you pay the credit card with regular installments before the 24 months expire you will accumulate no interest.
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David Mulonas
- Dec 23, 2020
- 2 min
Personal Finance Tip #2 - Collect Holiday Gift Bags to Save Money and the Environment
Here's's a great way to save some money, and that is to save the boxes, bags and bows and so on, rather than throwing them away.
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David Mulonas
- Dec 18, 2020
- 2 min
Personal Finance Tip #1 - The Hidden Cost of Eating Out For Lunch on the Budget
Eating out for lunch is often one of the most hidden expenses in the budget each year; not to mention that 40% of food is wasted.
41 views0 comments
David Mulonas
- Nov 30, 2020
- 9 min
Podcast #35 - How Does Pet Insurance Work and How to Factor it Into Your Budget
Pet insurance cost depends on factors such as your pets age, size, and breed as well as any preexisting conditions.
12 views0 comments
David Mulonas
- Nov 27, 2020
- 4 min
Podcast #4 - Spend More Money Now To Save Money Later
Budgeting sometimes gets a stigma meaning that you're cheap or frugal. You have to budget within the means of the money that you have.
19 views0 comments
David Mulonas
- Nov 15, 2020
- 16 min
Podcast #33 - How Long-Term Sustainable Products Reduce Your Budget While Helping the Environment
You can save money down the road by buying quality products, but the difference here is that you will also help the environment
27 views0 comments
David Mulonas
- Oct 26, 2020
- 7 min
Podcast #3 - 401(k) Withdrawals and Loans
When you take a 401(k) withdrawal, you'll face a 10% penalty if you're under the age of 59.5 years of age
9 views0 comments
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