Download MP3 (Full Episode)
When to Disclose Your Debt (17:03)
Tags:
Hearst Ranch, Nat is in the studio alone today, podcast the show!, call or email us!, your debt balances, debt: the American dillemma, lots of Americans have lots of debt, more people are saving which is continuing the recession, Flash yells at people for saving instead of paying off debt, saving money feels better than paying things off, don't put $ in a college fund when you have a newborn and immediate credit card debt, debt levels are subjective, debt acceptance can be a psychological thing, when you need to tell your family or partner about your debt, types of debt, mortages are not included, student loan debt may or may not be included, this applies people moving in together or getting engaged or married, Dr. Flash, money is a deep psychological component of life, when should you disclose your debt?, disclose your debt before you even move in with someone, guitar down!, people who estimate their debt are often in denial, usually people own WAY more than they admit to themselves, a lot of people have trouble facing their debt, good debt = student loans, having a job after you graduate is a big deal now, going into certain fields means the government will pay your student loans, a lot of people can't find a job after school, some doctors and lawyers have $250K in student loans, debt will impact all of your future financial decisions, debt is baggage, there are public law schools that are way more affordable than private schools, what if both parties in a couple have high debt?, what if someone in the relationship decides they want to stay home and raise kids?, discussing these things openly makes handling it easier, don't disclose your debt to everyone, is third date too soon?, the appropriate time to disclose your debt load, a year or two?, second marriages might have more problems because there may be kids with tuitions and debt loads,Email Questions & Creative Accountant (10:47)
Tags:
Andrew thinks a year is too long to wait to disclose debt, writing off the expense of classes to study for a CPA exam, the CPA exam is difficult, travel to the classes can't be written off, study fees and license fees and joining groups can be written off, going through the post-move process of changing address and getting a license as it applies to paying income taxes, when you move you are immediately a resident of wherever you move so you HAVE to start paying taxes there, Connecticut is cheaper than New York, Creative Accountant Segment, the Storymatic Cards are to stimulate your juices to write a story, Neglected Sibling a Witness and Someone Being Followed, A Poem by TFS Pedro, the best story this month gets a bottle of wine, Driving Carefree Down Money Lane, Andrew is not good with poetry, thank you Pedro!, next week's show will be about budgets, don't count other people's money in your budget, Don't Bounce Checks!, next weeks cards are a Florist & a reluctant participant & an unwanted inheritance, don't count your live parents money in your budget, Andrew's story is going to be awesome, Flash thinks a story is worth a free bottle of wine, Flash Talks Cash is a show for EVERYBODY!,Download MP3 (Full Episode)
Photo 1: Scott Vacarro, Brewmaster of Captain Lawrence, Photo 2: Great American Craft Beer, written by Andy Crouch








