Your Money Call

Your taxes are done. Now what? In this episode of Your Money Call, Diane King Hall shares thoughts on the latest stock market action, and some insights from a national survey on financial habits.

Diane also explores the topic of budgeting and offers different strategies for managing personal finances. Additionally, she shares personal experiences of when being too frugal ended up costing more. The episode aims to educate and empower listeners to make informed financial decisions.

You know those subscriptions you forgot about - that's subscription creep. It's is a new term to refer to those subscriptions that went to the back of your mind and end up costing you more than you bargained for.

In this episode of Your Money Call, Diane King Hall tackles subscription creep, and a host of other financial topics like inflation and how to beat it, plus the latest on student loan debt, and the approaching tax deadline. Diane gives tips on how to manage all those subscriptions, navigate persistent inflation, and student loan debt cancellation plans by the government. Plus Tax Day is almost here. Are you ready?

Takeaways:

It is financial literacy month, and in this episode of Your Money Call, Diane takes a look at the new magic number that Americans say is needed for a comfortable retirement. Before she gets to that she shares what got her started in personal finance and talks about the importance of a good offense and defense when it comes to managing your money. She also shares some of her investing story including studs, and duds. You definitely want to stick around for that.

Host Social Media:

Instagram: @dianekinghall

Twitter/X: @DianeKingHall

Summary:

The Road to Financial Freedom is not always clear, and in this episode of Your Money Call, Diane King Hall sits down with Jamila Souffrant, the visionary behind the Journey to Launch podcast and author of Your Journey to Financial Freedom. They discuss Jamila's book and her unique take on financial freedom and financial independence. Jamila emphasizes the importance of income as a driving force in achieving financial independence and highlights the need to focus on both the tangibles and intangibles of personal finance. She encourages listeners to view setbacks as opportunities for growth and resilience.

Takeaways

Host Social Media:

Instagram: @dianekinghall

Twitter/X: @DianeKingHall

Guest Social Media:

Instagram: @Journeytolaunch

Twitter: @JourneyToLaunch

The theme of the episode is progress, not perfection. In this jam-packed episode, Diane King Hall celebrates the milestone of reaching episode 10 of the podcast, Your Money Call.

She encourages listeners to celebrate their financial wins, whether it's filing taxes, paying off debt, or increasing income. She tackles the topic of spring cleaning your finances and provides tips on revisiting financial goals, maximizing 401k and IRA contributions, investing in index funds, and filing taxes. She also explores the 50/30/20 budgeting method, and asks does it work in today's climate.

Diane also discusses using tax refunds wisely, locating and consolidating 401k accounts, and recovering unclaimed funds. The episode concludes with a recap of the financial spring cleaning tips.

In this episode, Diane King Hall dives into the importance of recognizing that you still have time to reach your financial goals!

She emphasizes the need to assess and reassess what is and isn't working and offers steps to take to improve your financial future. Diane also addresses the impact of inflation and how to react to higher living costs. One method: finding cheaper alternatives. Additionally, she discusses automating finances, investing to beat inflation, and managing spending and credit habits. Diane shares personal experiences and encourages listeners that they can overcome financial hurdles and work towards their goals.

In this episode, Diane King Hall discusses the stress that women experience when it comes to money. She highlights the importance of emergency savings and retirement savings in reducing financial stress. Diane also emphasizes the need for long-term planning and setting goals to alleviate stress.

Diane encourages open conversations about money and shares insights from a Wells Fargo study on the reluctance to talk about personal finances. Additionally, Diane provides an update on a new law that aims to reduce excessive credit card late fees and offers tips for avoiding these fees. She concludes by reminding listeners to stay on top of their budgets and track their spending.

In this episode, we explore the state of saving for the future and share new data from Fidelity on 401K millionaires, showing that the number of accounts with seven-figure balances is near a record. There is also an increase in the participation rate in workplace savings plans.

This episode also explores new details on the Secure 2.0 Act, which aims to achieve automatic enrollment in retirement plans. Additionally, Diane King Hall emphasizes the need to invest rather than just save and shares data on IRA accounts and balances. This episode concludes by discussing hardship withdrawals and loans from 401K accounts and the regulatory changes introduced by the Secure 2.0 Act.

Additional Notes:

In this episode of Your Money Call, Diane King Hall discusses various topics, including new student loan debt relief, the 8th Wonder of the World - compound interest, building wealth through investing, and millions in unclaimed lottery winnings.

Takeaways:

* You can follow podcast host Diane King Hall @dianekinghall on all socials.

In this episode of Your Money Call we dive into the inspiring journey of entrepreneurship as we sit down with the remarkable Reign Hudson, a gutsy black female entrepreneur who launched out into the deep with her own natural skin and home care line: ME By Reign. In this episode, Reign shares some of the pitfalls and recoveries she has made - including candles that didn't originally work to working candles, scrubs and more now. She shares lessons learned, and the passion that fuels her entrepreneurial spirit. Reign's story is a testament to creativity, commitment to the process, and staying in a constant state of learning.

Tune in to hear more about the transformative power of entrepreneurship in Reign's life and her long term vision for her brand. We should note that Reign is still holding on to her day job as a long time fitness instructor while she builds out her brand.

*You can find Reign online at mebyreign.com or on social media at reign_mebyreign.

* You can also follow podcast host Diane King Hall @dianekinghall on all socials. Happy listening!