In this episode, KT discusses:

What a home equity line of credit is and how it's changed in 2018Variable interest ratesAdvantage and disadvantages of tax benefitsThe effects on the average AmericanKey Takeaways:

A home equity line of credit is a second loan established on your home. It's not your primary mortgage.This line of credit is commonly used for home projects or debt consolidationIn 2018, you lose the ability to write off these interests that you paidAsk yourself, what’s the true expense of what you do and what you save?"Interest on your home equity line of credit WAS tax deductible." - KT Thomas

Connect with KT Thomas: https://ktsmoneymatters.com/

Purchase KT's book- The Hardworking Woman's Guide to Money 

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In this episode, KT and Melissa discuss:

Keeping a budget in mindQuick and Cheap? Not so muchPlan, plan, planBang for your bucksKey Takeaways:

Coming up with a budget can be difficult, so think about bringing in a professional or use a tool like this Free Cost vs. Value ReportThe most important piece of a renovation job is a realistic timeline/planPaint is a great bang for your buck and can totally change the feel of the roomUntil you know what you're actually going to build, it's going to be hard to get a solid estimate"Studies show that more than a third of what we spend, is spent on the home." - KT Thomas

Connect with Melissa Hammond:

Website: http://hammonddesign.net/

Email: [email protected]

Phone: 974-474-9149

Connect with KT Thomas: https://ktsmoneymatters.com/

Purchase KT's book- The Hardworking Woman's Guide to Money 

Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode, KT discusses:

Understanding BitcoinThe speculationOn a 1 to 10 scale of risky... Bitcoin is a 20Is it a gold replacement? 

Key Takeaways:

A cryptocurrency is a replacement for real currencyThe question is: "Will a currency not backed by the government survive?" If it does, what will it look like?"Bitcoin is the biggest type of cryptocurrency, not the only type. Just like Kleenex isn't the only type of tissue.Bitcoin is only as valuable as the last person who was willing to buy it from the last person who wanted to sell it"[Bitcoin] is not for the conservative people who want to check their statement every day." - KT Thomas

Connect with KT Thomas: https://ktsmoneymatters.com/

Purchase KT's book- The Hardworking Woman's Guide to Money 

Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode, KT discusses:

KT's careerThe purpose of KT'sMoneyMatters podcastTypes of guests on the showWhat you should expect 

Key Takeaways:

KT has been a financial advisor for more than 25 yearsYou should be able to have a takeaway each week that you can apply to your financial situationKT really believes that giving back to your community is extremely importantCheck out KT's book here! 

"Money seems like it should be simple but it's actually pretty complicated." - KT Thomas

Connect with KT Thomas: https://ktsmoneymatters.com/

Purchase KT's book- The Hardworking Woman's Guide to Money 

Learn more about your ad choices. Visit megaphone.fm/adchoices