PFT #24 - The Reason Alcohol at Bars and Restaurants are Expensive
Wine and alcohol are expensive when dining and it based on the ingredient cost and the mark up known as the pour cost
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David Mulonas
May 26, 20216 min read
#60A- What is Inflation and How Does it Effect the Economy and the Stock Market?
Inflation is on the rise in many financial sectors of the economy. What causes it and what is the best way to invest when prices increase?
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David Mulonas
May 24, 20213 min read
#60 - Listener Feedback: You Can't Retire on $1 Million Dollars and Have a 45-year Nest Egg
How much money do you need to to retire early and comfortably for a long period of time?
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David Mulonas
May 16, 20215 min read
#59 - Is it Better to Lease or Buy a Car? Low Inventory Inflates Prices and Impacts the Budget
Leasing means you'll always have a monthly payment with new features. On the other hand, buying a car has will provide eventual ownership.
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David Mulonas
May 13, 20212 min read
PFT #22 - Personal Finance Tip: How to to Save Money on the Internet Bill
The personal finance tip of the week centers on saving money on your Internet bill in the budget.
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David Mulonas
May 12, 20212 min read
Who are Fannie Mae and Freddie Mac?
Fannie Mae and Freddie Mac are government sponsored enterprises (GSEs). They buy mortgages from lenders to free up capital for borrowers.
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David Mulonas
May 10, 20215 min read
#59 - Why the FIRE Movement Should Be Called FISH: Financial Independence Side Hustle
Change Financial Independence Retire Early to Financial Independence Side Hustle (FISH). Most people cannot retire without having a job.
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David Mulonas
May 7, 20212 min read
PFT #21: Personal Finance Tip: Shave Your Budget Down With the Razorpit Blade Cleaner
The Razorpit blade cleaner extends the life of razor blades by 6-15 times and it will save you money for years to come.
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David Mulonas
May 3, 20216 min read
#57 Life After College: I Need Job. I Need a Budget. Where Do I live? Help!
We are parents of kids that are now out of undergrad and facing real life. The kids need to find jobs, budget and figure out their lives.
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David Mulonas
Apr 30, 20211 min read
Government Sponsored Entities (GSEs)
A government-sponsored enterprise's (GSE) function is to enhance the flow of credit to targeted sectors of the economy.
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David Mulonas
Apr 29, 20212 min read
PFT #20 - Personal Finance Tip: When is the Right Time to Buy a House?
Low interest rates, lack of labor and supply are the right ingredients for an unprecedented housing market; perhaps a housing bubble.
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David Mulonas
Apr 27, 20212 min read
What Are Fractional Shares and Dividend Reinvestment Plans (DRIPs)
A fractional share is when there is less than a full share of stock owned. This happens with dividend reinvestments and stock splits.
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David Mulonas
Apr 26, 20215 min read
#56 - The Financial Crimes of Bernie Madoff and the Rise of Ponzi Schemes
Bernie Madoff was an American financial businessman who was responsible for the largest Ponzi scheme in history of $17.5 billion dollars.
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David Mulonas
Apr 22, 20212 min read
PFT #19 - Personal Finance Tip: How to Save on Your Gardening Budget
A great way to save money on flowers is to buy flats of flowers and make your own hanging baskets. This can save 50% on cost.
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David Mulonas
Apr 16, 20212 min read
Should You Make Biweekly Mortgage Payments?
Many mortgage companies have a biweekly payment plan to make 13 payments each year. This can you save thousands of dollars interest.
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David Mulonas
Apr 14, 20212 min read
PFT #18 - Creating Disposable Income in the Budget When You Buy a New Product
Successful personal finance managers have discipline and put in the work to buy quality productand create disposable income.
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David Mulonas
Apr 13, 20212 min read
What is an Emergency Fund
When it comes to financial planning one key component is to have an emergency fund. This differs from a rainy-day fund which is for...
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David Mulonas
Apr 12, 20214 min read
The 2008 Financial Crisis
The 2008 Financial Crisis was due to mortgage defaults, MBOs, CDOs. AIG needed a government bailout to pay claims and avoid financial ruin
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David Mulonas
Apr 11, 20212 min read
Loan-to-value (LTV)
Loan-to-value (LTV) is what lenders measure when a borrower buys or refinances a home. The higher the risk, the higher the interest rate.
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David Mulonas
Apr 8, 20212 min read
PFT #17 - How Receipt Tracking Can Help the Budget and Save the Environment
What is good advice when managing store receipts from retailers? Some policies will give full credit, while others provide a store credit.
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