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Flash Talks Cash Introduction: Finanese (15:00)
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Flash Talks Cash, Joann Flash Fleming, Andrew Newman, Heritage Radio Network, Financees, foreign language of financial talk, checking and savings account, what's the difference?, CD account, you can't access money until the term is over, illiquid, mutual funds are a collection of stocks, more diverse and usually safer than buying one stock, money market account, FDIC, if your bank goes out of business the federal government will secure your deposits, microeconomics, macroeconomics, 401K, pension plan, you contribute to it, your employer matches your contribution, this money is not subject to income tax, pretax, you pay tax on it when you take it out, put away 3% a week on your pay, IRA, individual retirement account, roth IRA, you pay tax up front, it grows tax free, Joann thinks you should defer defer defer, simple plan, muni bonds, municipalities can default, triple tax free bonds, New York City term,Financial Lingo & The Creative Accountant Segment (15:00)
Tags:
financees, New York is the finance capital of the world, gross pay vs net pay, what you make vs you take home, salary before taxes, net pay is what you take home, if the child defaults your credit is at risk, unsecured debt, hedging, derivatives, insuring against a possible loss, Dow Jones, NASDAQ, S&P, email question: city and town costs are deductible, closing fee, mortgage interest, real estate taxes, title service charges, lenders life insurance, attorneys fees, Creative Accountant Segment, story matic cards, last weeks words: slow poke, principal & equipment malfunction, 250 words or less!, Mahalia Cohen, story about a slow poke boss, unfair situation where the decent hard worker got thrown to the wolves, moving costs are deductible while you're looking for a new job!, next weeks words: plumber, writer of bad poetry and medicine isn't working, include a financial component!,Download MP3 (Full Episode)






