Summary:
In this episode, best selling author Kim Butler and No B.S. Money Guy Todd Strobel walk through a magazine article from Kiplinger Magazine. This episode sheds light on some technical facts about everyday finance you may be surprised to learn.
Tune in to find out how to take control of your finances today. Do you have a question you would like answered on the show? Please send it to us at welcome@prosperitythinkers.com and we may answer it in an upcoming episode.
Links in this Episode:
Submit your questions: welcome@prosperitythinkers.com
Show Notes:
00:00 Intro
00:43 Kiplinger Magazine- Financial Fluency
01:34 Where to store large sums of cash
04:02 How to boost your paychecks
06:30 What will help you build a credit history or build your credit?
07:12 Your credit card balance should never be 30% of your limit
09:44 Investments for your long term financial goals
11:36 Senior Life Settlements- send us an email about this
12:11 What insurance could you do without?
13:41 FDIC explained
16:54 What affects your auto-insurance rates?
18:00 What age do you start filing a tax return?
20:43 Withdrawing from a Roth IRA
22:22 Please leave us questions
Disclosure: Our content is meant for educational purposes only. While it’s our goal to help you learn about building a life of prosperity, we do not intend to provide financial advice. Please consult your financial, tax or legal advisor before making any investment or financial decisions.