Talk Wealth to Me

This week we honor those who support our Boost For Our Heroes program. This program would not be possible without those that come out to the annual Boost For Our Heroes Golf Classic here in sunny San Diego!
Boost for our Heroes is a financial assistance and education program that benefits military members, veterans and their families. This program provides a variety of workshops, outreach efforts, and one-on-one consultations to help men and women experiencing a financial hardship become financially stable. Because of these obstacles, the Boost for our Heroes program also provides a quarterly award of $3,000 to a military member or military family. Each quarter, an impartial panel selects one recipient based on financial hardship and subsequently works with the recipient to develop an integrated financial plan. The funds for this program come directly from this event.

Netflix changed the game of how we watch television. So much so that, many of us first tried out Netflix to see if we could avoid having to drive to Blockbuster. After all, gas prices where were closing in on $2/gallon and who could afford that extra driving? Now we spend longer scrolling to just find something to watch. But Netflix, known for giving people something to watch while they chill, is saying sharing is caring no more when it comes to passwords.
In this episode we share how we think the password crackdown might change peoples finances. Are more people adding Netflix to their budgets or will the competition continue to take subscriptions from the company that took down Blockbuster and the video stores? Will you pay more to add a friend? We also answer what streaming service we would cancel last.
So stop using info@sdflc.org and Password: Philloveskittens! to watch Netflix and register for your free 30 day trial instead. Just don't forget to add it to your budget or cancel in the next month.

There are many products in the market that are used to incentivize us, to make purchases whether we have the funds to do so or not. Credit cards are the big brother. The little plastic card that allows us to purchase a product and pay it off over time if so choose. Of course the card charges us interest if we don't pay it all off when the invoice comes in. I the old days there was lay away. You could have a product put on hold for you to purchase on another date when you had the funds saved up. Well there is a new trend starting to become a player in the industry. Buy Now, Pay later apps are almost universal now which allows you to make a purchase, and then pay it off over four easy installments interest free. Sounds great! But we are starting to see more and more of these debts go delinquent and the CFPB is taking notice.
Today the crew discusses the good, the bad and the ugly regarding Buy Now, Pay Later and it may surprise you where they stand

Traveling in itself can be expensive. Of course airline tickets have been on the higher side these days and inflation isn't helping the cost of everything we do and stay while visiting somewhere away from home. But airports have gotten very good at creating experiences of their own as we wait to get to our ultimate destinations. In this episode we discuss the many ways we can fork out a lot of our hard earned cash at our worlds airports.

We are offered them for cars, plane tickets, and electronics. You might even have gotten a hundred calls to let you know that yours is about to expire even though you never purchased it. Warranties, protection plans and service plans are everywhere. But are they worth it?
Felipe shares his story of trying to get a windshield replaced by a warranty and how those events unfolded. Three years and a cracked windshield later was it a good deal? Or did he forget a very important component to personal finances. Always read the fine print!

Regardless if you are one of Kim Kardashian's 250 million followers or not this week she may have found a way into your feed. On Oct. 3rd the SEC announced a $1.26 million penalty for an Instagram post where she was paid to share information on a crypto currency. The full team sits down and shares their thoughts on influencers like Kardashian or Floyd "Money" Mayweather promoting Cryptocurrencies. Is it morally any different than promoting other products? We also share what influencers are more likely to get us to spend our money while we are on social media.
So queue up some hashtags, post on your social media that you're listening to Talk Wealth To Me and enjoy.

In today's world the trend is more and more venues becoming cashless. From buying beer and hot dogs to retail merchandise the ways of paying for your goods and services is ever expanding in our digital world.
Today the crew discusses what they think of this new phenomena and whether or not it's a good thing for society.

In all the years we have been working with individuals to get a handle on their debt and finances medical debt has been a large part of it. Not just the huge bills that we hear about but even the simple co-pays or co-insurance that can throw a families budget out of whack.
Dr. Virgie Bright Ellington, MD an internal medicine physician and medical billing expert. With more than 20 years experience in primary care, psychiatric settings, and as a health insurance executive, Virgie has made it her life goal to help patients navigate the conundrum that is the U.S healthcare system.
Chase very recently navigated the healthcare system as his wife, Keri went through treatment for stage 4 colon cancer. This episode is a very personal one and one we all need to hear.

The passing of Queen Elizabeth II last week was worldwide news. Now, with King Charles III on the throne what does that mean for currency around the world that featured the portrait of the late Queen? In this episode the full team talks a little royalty before switching from the pound to one of our favorite topics, food.
What is considered fine dining for you? Are there restaurants you enjoy that others might be quick to write off? Does a restaurant need to be local or authentic to have to be added to your budget? Grab a snack or drive to the place with the longest drive thru line and enjoy this episode.

The American dream, being a homeowner! Owning a home is an accomplishment that almost all of us aspire too. But... Sometimes I miss the days of calling my landlord when things break and things do break! One of the most difficult breaks is when you see water dripping from an area of the house that it shouldn't. Where is it coming from? Oh, if it only were that easy!
This week the crew discusses Chase's Thanksgiving weekend of playing cat and mouse with the dripping water that was coming from his kitchen ceiling and the steps he took to find said leak (with a professional) and deal with homeowners insurance.