Money Matters: How Tax Brackets Work @757

Posted by:

TRANSCRIPT

(Kristen) Welcome to Money Matters at 757 with Justin Chastain. And, Justin, we hear a lot of the term about “tax brackets,” but how do they actually work?

(Justin) That’s exactly right, and, you know, I don’t know if anybody really knows. I’m kidding with that! It can be complicated, but, like I always say, have a trusted advisor. You can find these tax brackets, marginal tax brackets, out on the irs.gov. The more you earn, the higher your marginal tax ...

Continue Reading →
0

Money Matters: Budgeting for Rent @757

Posted by:

TRANSCRIPT

(Kristen) Welcome to Money Matters at 7:57 with Justin Chastain. And Justin, this is something: How much should we be budgeting for rent?

(Justin) You know, everybody seems like that. Mortgages are the hot topic, but renting is another hot topic, because some people are selling their mortgage or their house to rent, because the price of housing is so high. We recommend taking your net income — so after taxes — looking at that bottom number, and saying, “OK, 30% ...

Continue Reading →
0

Money Matters: Financial Stress & Health @757

Posted by:

TRANSCRIPT

,(Kristen) Welcome to Money Matters at 7:57 with Justin Chastain. And Justin, we all know managing our finances can be super stressful, but those money problems can impact a lot more than your wallet.

(Justin) Oh, for sure, and you know what we are finding out now is mental, emotional, physical health all goes into our financial stresses as well. Because when we are mentally straying, we tend to overspend on things that we don’t value. So, it’s always a fine ...

Continue Reading →
0

Money Matters: HSA Benefits for Employees @757

Posted by:

TRANSCRIPT

(Kristen) Welcome to Money Matters at 7:57 with Justin Chastain. And Justin, so we want to talk about health savings accounts. So, what are the benefits and some tax advantages of that?

(Justin) That’s right. Everybody’s wanting to know. Health is the biggest topic around financial wellness most people are looking at, because it’s going to be the biggest in retirement. It’s also the most uncertain when we first start our careers, right? But health savings accounts, as long as you ...

Continue Reading →
0

Money Matters: Auto Loans @757

Posted by:

TRANSCRIPT

(Kristen) Welcome to Money Matters. It’s 7:57 with Justin Chastain. And, Justin, today we are just trying to understand those auto loans. There are so many options. What’s the best advice?

(Justin) Yep. That’s definitely true. So, the best thing you can do is just understand your values. You know, write down your values personally, professionally, and financially, and then reach out to a trusted advisor to help you along the way.

(Kristen) Yeah, the advice always helps, but a lot of ...

Continue Reading →
0

Money Matters: Tax Brackets @757

Posted by:

TRANSCRIPT

(Kristen) Welcome to Money Matters at 7:57 with Justin Chastain. And Justin, today we are looking into that exciting world of tax brackets. So everybody wants to know, at least, what are the basics.

(Justin) Because taxes are so fun, right? But a marginal tax bracket is — whatever you are earning in your total income that you are reporting — that last dollar earned is what’s gonna be in a marginal tax bracket.

(Kristen) OK, and for the people that, you ...

Continue Reading →
0

Money Matters: HSA Benefits for Employers @757

Posted by:

TRANSCRIPT

(Kristen) Welcome to Money Matters at 7:57 with Justin Chastain. And, Justin, health savings accounts. We hear this a lot: HSAs. So, they’re a little confusing. Can you help us out?

(Justin) For sure. So, the great thing about health savings accounts: It does help reduce your overall health cost if you put a little back before that expense comes up.

(Kristen) Okay.

(Justin) You also get some tax advantages from it because the money that you put into your health savings account ...

Continue Reading →
0

Money Matters: Renter’s Insurance @757

Posted by:

TRANSCRIPT

(Kristen) Welcome to Money Matters at 7:57 with Justin Chastain. And, Justin, let’s talk about renter’s insurance. So, a lot of people want to know, what is it for?

(Justin) So, renter’s insurance protects you and your belongings, but it can even protect you outside of the dwelling that you’re renting.

(Kristen) Oh, really?

(Justin) It can. So, it gives you additional liability. So, for instance, say you take your laptop to Starbucks — and apparently you got to have a special tray ...

Continue Reading →
0

Money Matters: Mortgage Lender Options @757

Posted by:

TRANSCRIPT

(Kristen) Welcome to Money Matters at 7:57 with Justin Chastain. And, Justin, what should we consider when choosing a mortgage lender? Hot topic right now.

(Justin) For sure. Just like in any trusted advisor in your life, whether it’s in accounting, insurance, banker, make sure your mortgage lender is looking at your whole financial picture, not just saying, “Hey, I can beat this rate.” Well, what if the payment or what if the house you’re in fits your values better? They ...

Continue Reading →
0

Money Matters: Savings Resolutions @757

Posted by:

TRANSCRIPT

(Kristen) Welcome to Money Matters at 7:57 with Justin Chastain. And, Justin, OK, so back in January, a lot of us might have made some resolutions to save, but a lot of us may have fallen off track. So, what are the causes? I mean, the reason we do that?

(Justin) Out of sight. Out of mind. You know, resolutions, I always say, are meant to be broken. That is the one thing that we can commit to, that we will ...

Continue Reading →
0
Page 1 of 6 12345...»
Font Resize
Contrast