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About the author  ⁄ Ted Jenkin @ Your Smart Money Moves

Ted Jenkin @ Your Smart Money Moves

Hey!

My friends and family all think I’m a workaholic, but I say I’m just a guy that loves to help people do better in life.

My mother is still the only one that calls me by my real name Theodore Michael, my wife calls me Teddy, but for the rest of you it is just plain old Ted.

Ever since I was a little kid, I always loved money and being an entrepreneur. In fact, I still have cassette tapes of me talking to my grandmother at the age of five and my mother tells me all the time how much I played with money as a kid...

Read More About Ted Here

Ted Jenkin is a frequent guest columnist for the Wall Street Journal and Headline News Weekend Express. He is the co-CEO of oXYGen Financial. You can follow him on LinkedIn @ www.linkedin.com/in/theceoadvisor or on Twitter @tedjenkin.

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 Kestra IS or Kestra AS. Kestra IS and Kestra AS do not provide tax or legal advice.

The opinions expressed in this commentary are those of the author and may not necessarily reflect those held by Kestra Investment Services, LLC or Kestra Advisory Services, LLC. This is for general information only and is not intended to provide specific investment advice or recommendations for any individual. It is suggested that you consult your financial professional, attorney, or tax advisor regarding your individual situation. 

Background and qualification information is available at FINRA's BrokerCheck website.

These tips will help you max out your retirement contributions this year

As the calendar crosses the mid-year mark, are you on track to reach your retirement savings goals? The IRS has raised the limits for what you can put away in pre-tax retirement savings account this year. That means you can sock away as much as $19,000 in your 401(k), 403(b), Thrift Savings Plan and most 457 plans, up from $18,500 in 2018. You can also save as much as $6,000 in an IRA, up from $5,500 in 2018. If you’re age 50 and over, you can put in an additional $6,000 in your 401(k) and other employee plans and another $1,000 in your IRA. Even if your personal savings will be nowhere near those limits, now is a great time to check on whether your savings rates will get you to your goals for this year and beyond. Read full article here: ...

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Mortgage Rates The Lowest In One Year: Is It Time For You To Consider A Refinance?

With the Fed recently raising interest rates, people have already started to write and call me about whether or not it is still a good time to refinance.  You will likely see more offers from your current mortgage company, broker, or bank looking to get you locked in before the Fed raises rates again in 2019.  Here are my smart money moves for three key points to know when you make a final decision about whether a refinance is good for your property. There Is NO Rule Of Thumb – I love these random articles out there that say your mortgage rates need to be down by a certain percentage for a refinance to make sense. In fact, Investopedia recently wrote, “The typical rule of thumb is that if you can reduce your current interest rate by 0.75-1%.” This makes very little sense to me as this is going to be a math equation, because all refinancing costs money.   What you are ultimately ...

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Atlanta Small Business Profile – “Southside Steve” Rickman, SSquared Brands

On this week’s episode of the Atlanta Small Business Profile, Ted Jenkin sits down with “Southside Steve” Rickman, radio personality, serial entrepreneur, and owner of SSquared Brands. After transferring to Georgia State University, Steve was talking to a friend who worked at “Album 88”, a 100,000-watt radio station which at the time was one of the top biggest college station signals in the country. Steve decided to join the radio station in an effort to become a stand-up comedian; little did Steve know that he would continue to do radio for years after he left school. This was where he developed his radio persona of “Southside Steve”. Later Steve would take his radio success and use it to start his own bar on the southside of Atlanta, and he shares some of the most important things that he says he learned through this business. He then goes on to describe how he used these important lessons in creating his current business, ...

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Living a Debt-Free Lifestyle: An Expert Roundup

There are many paths you can take to achieve a debt-free lifestyle. The road you choose depends on your life circumstances, the amount of debt you have, and what you are willing to do to achieve your goal. Debt.com spoke to dozens of debt experts and asked them about their approach to becoming debt free. Check out their advice and their websites to help on your journey toward financial independence. oXYGen Financial Don’t succumb to lifestyle inflation. The absolute key is to make sure you save one-third of every raise you get, and you’ll avoid having long term debt. My other main tip is to never have more than two credit cards. This leads to less temptation and lets you keep a closer eye on debt. –Ted Jenkin ...

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The Atlanta Small Business Show on Peachtree TV: Episode 13 – [6.8.19]

On today’s show, we spoke with George Deeb, startup expert and managing partner of Red Rocket Ventures. We then sat down with Ben and Jackie Moore, who co-founded Jordyn’s Summer Shirt Project along with their daughter Jordyn who has autism. We also caught up with Michelle Amarra, President of Southern Crescent Broadcasting, SCBTV. And rounding out the show was the Atlanta Small Business Profile, where our host, Ted Jenkin, interviewed Will Hall, CEO of HIPnation. ...

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Expertise names oXYGen Financial as one of the top Financial Advisors serving Atlanta

We Looked at 142 Financial Advisors serving Atlanta and Picked the Top 19 oXYGen Financial oXYGen Financial is a consulting firm in Atlanta that offers sound advice “to the X and Y generations.” The company rose in the aftermath of the 2008 crisis, and it now has more than 2,000 clients throughout the country. oXYGen Financial provides online client access, and its blog features interesting posts, such as “What Happens to My Frequent Flyer Points When I Die?” and “Why You Are Such a ‘Poor’ Millionaire?” The team offers a no-obligation consultation https://www.expertise.com/ga/atlanta/financial-advisors#oXYGenFinancial ...

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Why Do We Give Names To Our Cars?

Our oldest daughter recently graduated college from the University of Georgia.  When she turned 16, we were fortunate enough to buy a beat up 2009 Hyundai Tucson from my mother and that’s pretty much what my daughter has driven since she became a driver.  As we finally made a change for her to get a new car (we stuck with Hyundai), my daughter told me how sad she was to see Sage go.  I thought to myself, “What in the world is a Sage?” so I asked my daughter.  Unbeknownst to me, my daughter had a name for her car and already had a name ready to go for the new car.  I’ve heard people give their cars names before, but always wondered when did this start becoming a common practice? Apparently, naming cars isn’t a new tradition at all.  For centuries before us, human beings have been giving names to vehicles and boats for centuries.  Think about shows like ...

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Atlanta Small Business Profile – Jamie Bodner, Pinnacle Fitness

On this week’s episode of the Atlanta Small Business Profile, our host, Ted Jenkin, caught up with Jamie Bodner, fitness design expert, and owner of Pinnacle Fitness. Born and raised in New York, Jamie was working at the World Trade Center during the time of the 9/11 attack, however, he just so happened to not be at work that day. He says this gave him a feeling of a second chance, and this is when he asked himself what he really wanted to do with his life. He stopped what he was doing and he moved down to Southern Florida around the age of 24. It’s also around this time that he discovered his love for fitness. He began to think about how he could combine his love for fitness and his love for helping people into a career. He began to work at a very large gym in South Florida. Jamie said this was very helpful when it finally ...

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Atlanta Small Business Profile – Monte Joiner, Dent Science Auto Body Repair

On this episode of the Atlanta Small Business Profile our host, Ted Jenkin, sits down with Monte Joiner, CEO of Dent Science. After working as an insurance adjuster for approximately 11 years, Monte was promoted and became the manager at Mercedes Jackson Collision Center for almost five years before creating his own business, Dent Science. At Dent Science, Monte works to remove dings, dents, and creases from cars by going to the customer rather than having the customer visit him in a conventional body shop. This also allows him to work more efficiently and cut costs, due to the skills that he acquired through his many years of sculpting and working with cars. To learn more about Monte and the work he does at Dent Science, watch our full interview above and check out his website. ...

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The Biggest Changes To The U.S. Retirement System In 10 Years

This hasn’t become law yet, but in a sweeping house bill known as SECURE (Setting Every Community Up For Retirement), new legislation is coming that will be the most sweeping changes we have ever had to our retirement system in more than a decade.  The house passed the vote recently 417-3, and it doesn’t look like there is much impeding the process from the Senate or even President Trump.  So, what do these changes mean to your wallet? Annuities May Hit Your 401(k) Soon Over the past 25 years, we’ve seen pensions offered by companies dwindle down to a microscopic level.   While more and more baby boomers and Gen X’ers worry about saving enough for retirement, there is no real great option in 401(k)’s to guarantee someone a lifetime income.  Target funds were designed to help make it easier to choose simple investments in your 401(k), but this legislation would now allow 401(k) providers to offer an annuity as an ...

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