Mike discusses the biggest thing we all need to be ready for. He also answers listener questions about mutual funds and how the election and potential future shut downs could affect the market. He shares some positive words from the investment team of Ronald Blue Trust.

Mike discusses the biggest thing we all need to be ready for. He also answers listener questions about mutual funds and how the election and potential future shut downs could affect the market. He shares some positive words from the investment team of Ronald Blue Trust.

Highlights from show aired June 27, 2020

How can I help my kids visualize the value of a dollar? How can I teach my children the value of giving? What are some ideas to teach my kids about using money wisely? On this episode of Talking Money, Mike and special guest Dan Grover explore some creative ways to help your children see the importance of being wise with their money.

 

White papers offered on this week’s show:

Raising Money Smart Kids

Financial Assistance to Others

Highlights from show aired June 27, 2020

How can I help my kids visualize the value of a dollar? How can I teach my children the value of giving? What are some ideas to teach my kids about using money wisely? On this episode of Talking Money, Mike and special guest Dan Grover explore some creative ways to help your children see the importance of being wise with their money.

 

White papers offered on this week’s show:

Raising Money Smart Kids

Financial Assistance to Others

Highlights from show aired June 20, 2020

Should I help my struggling family member financially?

How do I know if I am actually helping or hurting them?

Dan Grover,  CFP® professional and senior private wealth advisor at Ronald Blue Trust in Charlotte, joins Mike to discuss considerations when helping others financially.

 

The document “Financial Assistance to Others,” offered and discussed in the show, is available here for download.

Highlights from show aired June 20, 2020

Should I help my struggling family member financially?

How do I know if I am actually helping or hurting them?

Dan Grover,  CFP® professional and senior private wealth advisor at Ronald Blue Trust in Charlotte, joins Mike to discuss considerations when helping others financially.

 

The document “Financial Assistance to Others,” offered and discussed in the show, is available here for download.

Is there anything you can be doing now to save some on your taxes when you file next year? Why is it important to look at these strategies?

Mike is joined by Justin Meade, CFP®, CRPC®, CKA®, to discuss some strategies you may want to consider at the end of the year to maximize your deductions on your tax return. They answer questions like:

* What is your marginal tax bracket. and why is it important?

* How does knowing your adjusted gross income (AGI) play into your tax strategy?

* How does “bunching deductions” work?

* What are some advantages of giving through a Donor Advised Fund?

* Are long term care premiums or assisted living expenses deductible?

* What about property taxes or SALT (state and local tax)?

They also discuss how the election results may or may not affect your tax planning strategies, the pros and cons of a ROTH conversion, Qualified Charitable Distributions (QCDs), and capital gains.

Click here to read the article Justin recently wrote on this subject!

Is there anything you can be doing now to save some on your taxes when you file next year? Why is it important to look at these strategies?

Mike is joined by Justin Meade, CFP®, CRPC®, CKA®, to discuss some strategies you may want to consider at the end of the year to maximize your deductions on your tax return. They answer questions like:

* What is your marginal tax bracket. and why is it important?

* How does knowing your adjusted gross income (AGI) play into your tax strategy?

* How does “bunching deductions” work?

* What are some advantages of giving through a Donor Advised Fund?

* Are long term care premiums or assisted living expenses deductible?

* What about property taxes or SALT (state and local tax)?

They also discuss how the election results may or may not affect your tax planning strategies, the pros and cons of a ROTH conversion, Qualified Charitable Distributions (QCDs), and capital gains.

Click here to read the article Justin recently wrote on this subject!

Mike answers a number of listener questions, including:

* I am getting an inheritance/life insurance claim, what is a good way to invest that money?

* What are some options when transferring from a CD that is maturing?

* What are my options in emerging markets? Can I invest in those without being heavily invested in China or another country?

* How are the election results affecting the stock market? Why might they be affecting it that way?

* How has COVID affected the world economy?

Here is some more information about the Miracle Hill event we are participating in.

Mike answers a number of listener questions, including:

* I am getting an inheritance/life insurance claim, what is a good way to invest that money?

* What are some options when transferring from a CD that is maturing?

* What are my options in emerging markets? Can I invest in those without being heavily invested in China or another country?

* How are the election results affecting the stock market? Why might they be affecting it that way?

* How has COVID affected the world economy?

Here is some more information about the Miracle Hill event we are participating in.