Review Category : Your Smart Money Moves Videos

VIDEO: Is Your Spouse Cheating On You?

As I get to meet literally thousands of people every year to talk about personal finances and their struggles and successes toward building their net worth, I’ve noticed an interesting trend phenomenon that seems to have an uncontrollable growth. That is the behemoth that we all know and have come to love as Amazon…. Read Full Article at: http://bit.ly/2gefCjY ...

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VIDEO: What To Do With FAFSA?

Most people relish the idea of figuring out how to get some free aid to help their families when it comes to taking care of college education. However, year in and year out, families make multiple mistakes when it comes to filling out the Free Application For Student Aid (FAFSA). This year, FAFSA has made multiple changes that need your attention to ensure your family has the best opportunity to reach your goal of getting some cash. Here are the smart money moves you need to know… Read Full Article at: http://bit.ly/2f1M7jN ...

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VIDEO: How Millennials Can Retire With A Million Dollars

Nearly two-thirds (64%) of working millennials say they will never accumulate $1 million in savings over their lifetime, according to the Wells Fargo Millennial Study. Six in ten (59%) of millennials have started saving for retirement, whereas 41% have not. Of the millennials who are not saving for retirement, 64% say they are “not making enough money to save for retirement.” The Wells Fargo Millennial study was conducted by GfK and surveyed over 1,000 U.S. adults between the ages of 22 and 35, with an additional oversample of 500 Hispanic millennials for comparison purposes. (source:wellsfargo.com)…. Read Full Article at: http://bit.ly/2eXvvpM ...

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VIDEO: What To Do If You Receive A Severance Package?

When the consulting companies are done offering advice to your corporation on how to make it more effective, the one word you don’t want to hear from upper management is “reorg”. Reorg, short for reorganization, if often a labor intensive process where a large organization systematically eliminates a section of the workforce to streamline their overall processes, people, and systems. When these reductions in workforce happen, one of the possibilities that may occur is to offer you a severance package. The problem for most families is that decisions have to be made so quickly that people often make poor choices on how to best maximize this package. Here are five smart money moves to make when you are offered a severance package. Read Full Article at: https://shar.es/1xFXsV ...

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VIDEO: 5 Apps To Impress Your Friends

With the thousands of apps you can download from your Apple or Android phones, every year you will learn of an app or two that you never knew of before. You may wonder why in the world you really need to know about new apps when you don’t even use the ones you have on your phone now. Not only are these apps super cool and have real pragmatic uses, but this is a way for you to impress friends or business acquaintances with something they had no idea existed. Read Full Article at: https://shar.es/1xF04o ...

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VIDEO: Fantasy Football Insurance

Ok, I’ve heard it all now. I’m not a fantasy sports guy, but as a numbers person I can understand the attraction. More than $1 billion is spent each year on Fantasy Sports leagues. League fees can run from free to $1000. The more the 25 million people playing in paid leagues can pocket real money. Those that are spending money find it frustrating to draft a player who gets injured in real life and have to be sidelined on their fantasy team. An injury can ruin your fantasy lineup and your season could be over just as it is getting started. Industry studies show that the average fantasy player spends $467 annually on various sports leagues. Read Full Article at: https://shar.es/1xFXaK ...

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VIDEO: Should Your Kids Be Required To Work In College

College teaches young adults all kinds of life lessons. Without your parents by your side every day, it will likely be the first time your child has complete autonomy over their life. This may be the first time your child will have a roommate. It could be the first time they have a serious partner. It may be the first time they are exposed to other cultures outside of the environment they grew up in at home. With the new found freedom and rigorous course load they are expected to take, should a child be ‘required’ to work while in college? The simple answer is NO. Sign Up For His Fun & Casual Financial Newsletter: http://eepurl.com/eBqro Check Out Ted’s Blog: http://www.yoursmartmoneymoves.com Breathe Easier with oXYGen Financial: http://www.oxygenfinancial.net Securities offered through Kestra Investment Services, LLC (Kestra IS), member FINRA/SIPC. Investment advisory services offered through Kestra Advisory Services, LLC (Kestra AS), an affiliate of Kestra IS. oXYGen Financial is not affiliated with ...

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VIDEO: Where To Invest In A Trump Presidency?

Americans aren’t quite sure what to make of this three ring circus we are calling a Presidential election. With the nomination fairly certain to be Donald Trump on the Republican side, there has been major discussion about what a Trump President might look like for the future of our economy. Will he borrow more money? Will he balance the budget? Will he build a wall? Will he bring jobs back to America? These are amongst the many issues that have been speculated about on the media outlets across the country. Here are my smart money moves on where to invest under a Trump regime… Read Full Article at: https://shar.es/1JMhPM ...

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VIDEO: What Apps Will Make You Money?

Shopping is usually an activity that makes you spend money. In fact, with the ease of debit cards and credit cards today you can rack up big bills by simply turning your computer on to one of the major shopping websites. So, I thought going into the summer it might be interesting to see what apps you could download that might actually pay YOU money to shop. Read Full Article: http://www.yoursmartmoneymoves.com/five-apps-that-will-pay-you-to-shop/ ...

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Your Smart Money Moves with oXYGen Financial 12/03/13

Taped 12/03/13 Listen every Tuesday morning at 8:00 a.m. on ROCK 100.5 | Atlanta’s Rock Station to “Your Smart Money Moves” with The Rock 100.5 Morning Show and oXYGen Financial. Ted Jenkin, CFP® and Kile Lewis, CRPC® are the founders of oXYGen Financial, and our chief financial officers. All your money questions answered Breathe easier at http://oXYGenFinancial.net ...

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VIDEO: Entrepreneur Series – Lesson 6: Poor Staffing Decisions

Read the full post here : http://bit.ly/15PVYNM One of the first things I heard when I got into management in my career is the phrase “you have to put the right talent on the bus”. While I understood its meaning, it took many years to realize how important hiring decisions are to grow an organization the right way. I also felt the pain of making poor hiring decisions, and how much time and productivity you can lose from just one bad hire. No entrepreneur lives in the panacea of having zero turnover as sometimes they might like to make it seem, but certainly making the right staffing decisions by putting people in the right roles can allow your start up venture to get off on the right foot… ...

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VIDEO | Top 5 New Years Resolutions

Published on: January 21, 2013 @ 11:00 It’s hard to imagine that another year has passed by so quickly.   In the wake of the fiscal cliff coming down the stretch, it seems ironic that we would be discussing financial New Year’s resolutions.  http://bit.ly/UMnENB  You would think that our politicians and policymakers alike could learn a little bit from my top five this year.    No matter how all of the information gets relayed to us about this fiscal cliff, you can be 100% certain of simple mathematics.   You cannot make progress when your expenses exceed your revenue and more often than not leverage will get you in deep financial trouble.    If you can learn that basic financial principle from what you have witnessed with our country’s finances, you’ll be much better off when you plan your own in 2013.   So here are five financial New Year’s resolutions that can make a dent in your bottom line. ...

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Please Skip the Gift Cards for Christmas | Your Smart Money Moves

Published on Dec 14, 2012 I haven’t done any of my holiday shopping at this point, but I’m going to declare a new theory of relative proportion at Your Smart Money Moves today. SEE POST HERE – http://bit.ly/QYDK7m My theory is that the amount of gift cards you buy from stores increases with direction proportion to the number of days you are away from Christmas Day. Let me explain. If you are truly a good planner, some of you have been shopping for gifts during the course of the entire year. You may have used the game plan of going shopping on Black Friday or Cyber Monday with a complete naughty and nice list of what presents you were going to get for each person in your family. There’s a group of you that either this week or the next will lug yourself to the indoor and outdoor malls to pick up all the holiday presents. As each day looms closer to the ...

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VIDEO | Is Four Inches Worth $39?

Published on Dec 10, 2012 I’m not sure if it’s just my imagination, but the seating and legroom on airplanes seems to be getting smaller and smaller. Let’s admit to ourselves that having a ‘B’ seat or an ‘E’ seat printed out on our ticket is always a nightmare when you haven’t planned in advance for a trip that has three seats on each side of the airplane. FULL ARTICLE – http://bit.ly/122URs0 You never really know whether or not your flight is going to be full. But when dealt one of these boarding passes at the checkout stand then it’s time to start thinking about plan B. That is unless you really want to chance being stuck within two very large people with nubby like arms so you understand the true meaning of being a sardine for the next three hours. I know what it is like as I have been there before. With more and more airlines trying to squeeze profitability out ...

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VIDEO | Grocery Shopping with Peter Lynch

Published on Nov 29, 2012 For the past three years, I have been an avid personal finance blogger discussing everything from managing your wealth to mitigating your tax liability. No matter how substantive the topics I wrote about in the personal finance sector, the big question was whether someone would actually read my content. As bloggers, we often believe that our most recent post will change the lives of millions, but in reality only a handful of people may click through your e-mailed link to read your weekly blog post. The art of creating effective titles is incredibly important because if your title and opening paragraph are catchy and interesting, your readers are more inclined to check out the rest of the article. Take the title I opened up with in this article. Did it make you at least a little bit curious about what happened when Peter Lynch went grocery shopping with me at Whole Foods the other day? Or ...

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VIDEO | Santa Claus at Five Below – Charity Donations

Published on Nov 28, 2012 The holiday season is rapidly approaching as you can see retailers across the country lining their aisles with Christmas items and the Starbuck’s of the world changing their cups over to the traditional holiday décor. FULL ARTICLE – http://bit.ly/Tuoyy8 When I lived in the New York City area, I can vividly remember during the holiday season the legions of Salvation Army Santa Clauses outside of the department stores ringing their bells for donations from your pocketful of change. It’s nice to donate during the holiday season to give to the less fortunate, but what I have seen retailers doing around the country in the past year or two has officially gotten under my skin as they now want us to do double duty as their customers.   ...

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VIDEO | How To Rollover Your 401k

Published on Nov 19, 2012 Why do you need to know the details on how to rollover an old 401(k) plan? FULL ARTICLE HERE – http://bit.ly/UP7gZK – The average person holds 11 jobs from the age of 18 to 44, according to the Bureau of Labor Statistics, and for many of us that means 11 or more workplace retirement accounts. Because not all employer plans require you to leave the plan when you leave the company, you could end up with several, disparate retirement accounts. I like to use the analogy of being a babysitter when it comes to orphan 401(k) plans. Every time you leave an old an employer and start with a new, essentially you leave a child in a backyard. If you move between three or four different jobs over five to ten years, that means you’ll have several kids in several different backyards. The real question is how will you be able to babysit all of those kids and ...

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VIDEO | Teach Kids Financial Responsibility

Published on Oct 22, 2012 For many parents in their 40’s, a loud and disturbing wake-up call is beginning to happen. ( Full Article – http://bit.ly/QGha19 ) This wake-up call is the dilemma between figuring out how to catch up on the savings to be able to achieve a comfortable retirement and also ensuring you put enough money away to pay for your children’s college education costs. This quandary has put an extreme amount of pressure on mid 40’s parents on how they will come up with a solution on making both of these goals a reality. Since many parent’s will not be able to fully fund a children’s college education, it can be a great time as they go through middle school into the early years of high school to teach them financial responsibility as they will likely have to service their own college debt down the road.   ...

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VIDEO | How A Threesome Can Improve Your Retirement?

Published on Oct 8, 2012 I’m officially thinking that any man (or maybe women too) who read this headline was thinking this, “Ted, have you officially lost your mind trying to connect the words threesome and retirement in the same headline?” ( Read Full Article Here – http://bit.ly/Ug6Nmi ) The answer is no, I haven’t officially lost my mind although a few people who know me well have always considered me to be an out-of-the box thinker. And for the record, I’m not going to suggest any of you run out and have a threesome although you’ve probably fantasized about it once in your lifetime. So how can a threesome actually help improve your retirement?   ...

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VIDEO | Why Do You Think 1 Million Dollars Is A Lot Of Money?

Published on Sep 28, 2012 When it comes to life insurance, most people use some magical rule of thumb like buying 2 to 3 times their salary. (Full Story Here –http://bit.ly/Sm5l0J) Even worse, since insurance is not most enjoyable financial planning topic, they come up with the notion that they will just pick up $250,000 or $500,000 and their partner will be alright if something should happen to them. I’m here to tell you that when it comes to life insurance, $1,000,000 just isn’t a lot of money.   ...

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VIDEO | 5 Financial Moves to Make When You Change Jobs

Published on Sep 6, 2012 Whether you leave your employer or your employer leaves you, changing jobs can be one of those transitional phases where you can reassess what is happening with your overall financial plan. SEE THE FULL STORY HERE – http://bit.ly/Uusmig – Many people who make a job change for a better salary don’t often take the time to assess the benefits package from their new employer. This makes a ton of sense as typically the first three to six months in a new position you are immersed with the learning curve of a new role at a new company. It doesn’t leave time to review the details of the benefits package you receive. This is why having a Private CFO® or aC by your side can be a valuable resource to make these important decisions. Here are five financial moves to make when you change jobs.   ...

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VIDEO | When Should You Replace Your Old Car

Published on Sep 4, 2012 When it comes to making smart money moves, our family has never been a big fan of buying a new car. Read FULL ARTICLE Here – http://bit.ly/Te3HAf – In fact, the last new car that we bought was back in 1993 when we really did the math on how much smarter it is to buy a used car that is somewhere between two to four years old versus getting a new one. While getting a new car should be a well thought out planned purchase, it often falls into the camp of a spur of the moment purchase depending on when you get in the mood. In a sound financial plan, you should begin to save for the (new) used car purchase the moment that you pay off the old purchase. If you are like me and pay for your cars in cash, you should begin to immediately build a side fund so you can pay for that ...

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VIDEO | How Smaller Can Save You Money

Published on Jul 30, 2012 Remember the grocery store owner who was able to set up a tab for a family that lived around the corner and the shoe store owner who knew the names of kids of the parents who shopped at that store. I had a local convenience store right down the street when I grew up called Quik Check and everybody loved it. I know many people think the Wal-Mart’s of the world save us money every day. These large stores may have better prices on one item here and there, but all of us end up spending more money as we wander the aisles aimlessly forgetting our purpose on why we actually came to the store. The older local smaller stores got us what we needed and it was convenient or right down the street when we needed it. Someone cared about us then, where the big stores today only care about deepening their wallet share with ...

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VIDEO | Is It Too Late To Begin Saving For Retirement?

Published on Jul 24, 2012 FULL ARTICLE – http://bit.ly/Mj5qvS – You are 45 years old and it dawns on you that your college days are looking further and further in your review view mirror and you can see the exit sign for retirement not too far down the road. As you sit down at your kitchen table to really assess your overall financial situation, you begin to ponder the life and financial mistakes you have made. You wonder to yourself, “Should I even bother trying to save? Is it too late for me begin saving for retirement?” ...

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VIDEO | How Much To Give For A Wedding Gift – Your Smart Money Moves

Published on Jul 5, 2012 SEE FULL STORY HERE – http://bit.ly/IkD3kM – Your college roommate or long time childhood friend invites you to their wedding. Or better yet, you’ve got a big family and your second cousin Joe is getting married and last time you saw him was two years ago at the family reunion. Now you have got to spend money to get an airline ticket, book a hotel room, and possibly buy a new dress or suit for the upcoming wedding this summer. It dawns on you that now you’ve got to figure out how much is the right amount to give for a wedding gift. You are no Miss Manners by any stretch of the imagination, but you don’t want to walk away like some cheapskate that the wedding couple laughs at that evening when they open up their gifts. So, how much should you give for a wedding gift? http://bit.ly/IkD3kM   ...

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VIDEO | Who Takes Care of Mom and Dad – Your Smart Money Moves

Published on Jul 4, 2012 Read Full Story Here – http://bit.ly/M4IFkW – Haven’t you been sitting around with your brother(s) and sister(s) and had the infamous discussion on who ranks where on Mom and Dad’s favorite list. While siblings usually joke around who is at the top of the ladder, usually someone cracks the comment, “I’m sure they cut me out of the will years ago.” For Generation X’ers, you are probably beginning to see the early stages of your parents slowing down or perhaps one of them had a mild health scare over the last five years that got you thinking who is going to take of Mom and Dad? Before each one of your brothers and sisters rush to put their finger on their nose and scream “NOT IT!”, it may be time to have a serious discussion about who will bear the responsibility should your Mom and Dad need someone by their side for financial or medical decisions.   ...

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VIDEO | Should You Tip for Take Out?

Published on Jul 4, 2012 Here you are stuck with yet another money dilemma. READ FULL STORY http://bit.ly/aNEQYQ – It’s Sunday night and you’ve decided as a family to do the takeout food from a local restaurant. Everyone has a smile on their face and now it’s just a ride to the Chinese food joint, pick up your delicious dishes, and catch your favorite TV show. You arrive at the restaurant and give them your phone number so they can call up your order. The hostess rings up your check, takes your credit/debit card, and then slides across the receipt for you to sign with the gnarled up Bic pen that has been sitting in a container of rice. The hostess glances down as you fill out your signature and you are hit with that line which reads TIP (or ADDITIONAL TIP). You don’t want to feel like you’ve done something improper, so what is the right thing to do when you are ...

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VIDEO | Do I Need A Store Credit Card? Your Smart Money Moves

Published on Jun 25, 2012 Your Smart Money Moves – The BEST Personal Finance Blog for Gen X and Y – http://www.yoursmartmoneymoves.com/ – If you have played a game of credit card poker with yourself it could surely be a sign that you have too many credit cards from too many places. I am a big advocate of having fewer credit cards and establishing a longer credit history with those creditors by upping your credit lines over the years and showing your ability to pay them off regularly. However, I often get asked about store credit cards from places like a Best Buy or a Target and whether it is a good idea to have one of these cards. Do you need a store credit card?   ...

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VIDEO | Back to the Brown Paper Bag!

Take your lunch to work just one more day per week than you do now. I know that eating out lunch is a lot of fun, so I wouldn’t recommend cutting it out entirely. It will take you a lot of discipline to eventually make that habit stick. However, with the average cost of going out to lunch being approximately $10 dollars, this could help you save $40 more per month by bringing in your lunch one day per week. ...

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VIDEO | Pass on the Extended Warranty

Pass on extended warranties. In my opinion, spending $129 for an extended warranty on an item that costs $300 just simply doesn’t make any financial sense. Usually, employees of your larger electronics chains have their “bonuses” tied to extended warranties, so beware before you consider buying. ...

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VIDEO | Using Entertainment Books and Saving Money

Money Advice From The Money Guys At oXYGen Financial – Entertainment Books Get an entertainment book for 2009. With our busy world of hustle and bustle, we are always out and about doing chores and errands.   Often, we don’t have the time to shop for coupons for restaurants, entertainment, or some of the national chain stores.  For just $15 to $25 dollars, you can get yourself an Entertainment® book for your city.  By using this book when your are shopping, dining, or doing fun activities, you can save yourself roughly $1,000 per year (this is what I saved last year).   If you save that $1,000 per year in an account that hypothetically earned an 3% rate of return over 25 years you could have an additional $37,111 in an account at retirement.  Past performance is no guarantee of future results.  All returns are for illustrative purposes and not indicative of any particular investment.  Investment value will fluctuate with market conditions.  ...

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Morning Cup of Joe – The Money Guys At oXYGen Financial

Drink your morning cup of Joe at work. With all of these fancy gourmet coffee shops, it can really dip into your wallet if you stop to get your morning coffee there every day. By skipping the upscale coffee house and drinking it at work you could save approximately $400 per day or $20.00 per work week. ...

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oXYGen Financial – Bundling Services

Money Advice From The Money Guys At oXYGen Financial – Bundling Services Visit oXYGen Financial – Atlanta’s Premiere Financial Solutions Combine your cable, internet, and telephone service. I used to have three separate carriers handling all three of these services in my household.  By combining all three of these services together, my overall monthly bill went down by approximately $83 per month.   You should always weigh the pros and cons of these different services, but if you hypothetically invested this $83 a month in an account that earned 3% rate of return over 25 years, you could have an additional $37,111 in an account at retirement.  Past performance is no guarantee of future results.  All returns are for illustrative purposes and not indicative of any particular investment.  Investment value will fluctuate with market conditions.  Just another breathe easier® tip from your money guys at oXYGen Financial, Inc., 11680 Great Oaks Way, Suite 175, Alpharetta, GA 30022 – Call us for ...

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