Podcasts about Bankrate

According to BankRate, 23% of Americans 60-78 have a side-hustle. Maurie Backman says in an article by Kiplinger that this would help with two key areas in retirement planning: It provides us with something fulfilling to do after our primary career and provide a little extra cash in retirement.   The benefits of a side hustle: Mental Engagement Extra Income Social Connection Sense of Purpose The Pitfalls of a side hustle: Tax Complications Outspending your retirement budget in search of business profits Medicare Premium Creep (IRMAA) Lifestyle Clash Time Commitment Also in this episode, we discuss a listener's question about global stock allocations - and asks if I think it's better to own a global fund or to own US & international equity separately. How can one balance simplicity and effectiveness in their plan?  Resource:  Article by Maurie Backman: Monetizing a Hobby in Retirement: The Benefits and Pitfalls Article by Bankrate: https://www.bankrate.com/credit-cards/news/side-hustles-survey/   Connect with Benjamin Brandt Get the Retire-Ready Toolkit: http://retirementstartstodayradio.com Subscribe to the newsletter: https://retirementstartstodayradio.com/newsletter Work with Benjamin: https://retirementstartstoday.com/start Follow Retirement Starts Today in:Apple Podcasts, Spotify, Overcast, Pocket Casts, Amazon Music, or iHeart  Get the book!Retirement Starts Today: Your Non-financial Guide to an Even Better Retirement

In this episode, Lawrence and Alainta delve into the conservative movement of encouraging women to have more children. People often feel stretched too thin, emotionally drained,  and going through the motions with their lives. We discuss practical ways to transition from a state of survival to being fully present with the choice of parenting or not. From setting boundaries and redefining self-care to letting go of unrealistic expectations, this episode is all about reclaiming your joy and reconnecting with the moments that matter most.Wait, what's a Financial Griot?The Financial Griot is a play on two words (Finance + Griot) that hold significance in closing the wealth gap while embracing our differences. Alainta Alcin, Lovely Merdelus, and Lawrence Delva-Gonzalez share their perspectives on current events that impact your personal finances and wealth mindset. In the New York Times, Bankrate, and other publications, the hosts share the stories that others don't. Stories about growth, opportunity, and even Wars. Beyond that, we tie it back to how it reflects on your finances. Specifically, we teach you how to become financially literate, incorporate actionable steps, and ultimately build generational wealth.Can you imagine being a Millionaire in 20 years or less?Yeah, it's possible. Eighty percent of millionaires are first-generation, meaning they didn't inherit wealth. We teach you how. Join a community of subscribers who welcome a fresh take on money.So there you have it, The Financial Griot, or TFG for short. The hosts amassed over $3 million in wealth in about eight years and are on track to retire early. We will gladly share the secrets if you want them, since the opportunity is abundant and a Win-Win.Find the TFG Crew Hosts on Instagram: Alainta Alcin - Blogger, Travel and Money Enthusiast https://www.linkedin.com/in/alaintaalcinLawrence Delva-Gonzalez, Financial Foodie and Travel Blogger @theneighborhoodfinanceguyLovely Merdelus - Entrepreneur and Small Business Growth Specialist @lovelymerdelus

Rob Haworth, senior investment strategist at U.S. Bank Asset Management, says that the volatility and headline risks of the first half of 2025 haven't changed the outlook for the market and economy, which can grind through the rest of the year and into 2026 with modest gains. Haworth acknowledges "a lot of questions still to be answered," but he says that most of the answers will be within degrees of expectations, and a lack of surprises should allow the market to grind higher. That said, Haworth said investors will want to be properly diversified to protect themselves against the volatility and the news risks. David Trainer of New Constructs puts Carvana back in The Danger Zone, noting that the stock — which he first singled out in April of 2019 — has roared back from a low of $4 per share in December 22 to gain more than 50 percent year-to-date and nearly 150 percent in the last year, rising to a stock valuation "that implies that Carvana will sell as many vehicles as General Motors." Plus Greg McBride, chief financial analyst at BankRate.com, on their latest survey research, which showed that 60 percent of Americans are uncomfortable with their current level of emergency savings, and half of Americans don't have enough emergency savings to cover three months' expenses.

In a new Bankrate survey, more than three out of four Americans say they are not financially secure - and almost half say that it takes at least a six-figure salary to live comfortably... Does that mean we've reached a new benchmark for financial contentment, or a new low in confidence? (at 13:49) --- How much spending are you trying to squeeze into the warm weather season? Before you break the bank, try these tips to make the cost of summer fun more manageable (at 23:01) --- Another collection of recipes from Kyra's Kitchen! (at 41:39)

Daniel Morris, chief market strategist at BNP Paribas Asset Management, says he sees continued expansion in the United States and a slowing in Europe and other international markets, which contributes to why he is mostly neutral on allocations, as tariff plays and international stimulus efforts and more creates positive potential around the globe. Morris says a neutral stance makes sense because there is so much uncertainty right now that it is hard to have strong convictions about what the market can do next. Indrani De, global head of investment research for FTSE Russell discusses the ongoing Russell Reconstitution — the exercise of changing benchmark indexes to reflect corporate evolutions and avoid surprises — and what the current effort (which becomes final on Friday) reveals about the stock market and the breadth of growth now. Plus Mark Hamrick, senior economic analyst/Washington bureau chief at BankRate.com, discusses current levels of consumer sentiment which show that nearly two-thirds of Americans are expecting that tariffs will have a negative impact on their personal finances.

In this solo episode,  Lawrence dives into America's growing obsession with credit card debt. From everyday spending habits to the systemic forces driving high-interest borrowing, he book explores how credit cards have become both a financial lifeline and a burden for millions.Wait, what's a Financial Griot?The Financial Griot is a play on two words (Finance + Griot) that hold significance in closing the wealth gap while embracing our differences. Alainta Alcin, Lovely Merdelus, and Lawrence Delva-Gonzalez share their perspectives on current events that impact your personal finances and wealth mindset. In the New York Times, Bankrate, and other publications, the hosts share the stories that others don't. Stories about growth, opportunity, and even Wars. Beyond that, we tie it back to how it reflects on your finances. Specifically, we teach you how to become financially literate, incorporate actionable steps, and ultimately build generational wealth.Can you imagine being a Millionaire in 20 years or less?Yeah, it's possible. Eighty percent of millionaires are first-generation, meaning they didn't inherit wealth. We teach you how. Join a community of subscribers who welcome a fresh take on money.So there you have it, The Financial Griot, or TFG for short. The hosts amassed over $3 million in wealth in about eight years and are on track to retire early. We will gladly share the secrets if you want them, since the opportunity is abundant and a Win-Win.Find the TFG Crew Hosts on Instagram: Alainta Alcin - Blogger, Travel and Money Enthusiast https://www.linkedin.com/in/alaintaalcinLawrence Delva-Gonzalez, Financial Foodie and Travel Blogger @theneighborhoodfinanceguyLovely Merdelus - Entrepreneur and Small Business Growth Specialist @lovelymerdelus

How much money do Americans say it would take to feel rich? How about just to live comfortably? Sarah Foster, Analyst with Bankrate breaks down the latest survey that shows more than 1 in 4 Americans feel they need to make $150k or more to live comfortably.

Existing home sales rose 0.7% in the latest month, but beneath the surface, weaknesses persist due in part to high mortgage rates. Bankrate's Stephen Kates and First American Financial Corporation's Mark Fleming join the conversation to break down the state of the housing market. They discuss how demographic trends, such as an aging population "aging in place," are also contributing to the slowdown.======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about

Welcome to this week's Titan International market review for the week ending 22nd June 2025. Equity markets drifted lower last week as a series of high-profile central bank decisions was largely overshadowed by escalating conflict in the Middle East. The US Federal Reserve left its benchmark interest rate unchanged at 4.25%–4.5% for a fourth consecutive meeting, in line with expectations. Across the Atlantic, the Bank of England followed suit, maintaining its Bank Rate at 4.25%. Meanwhile, the Bank of Japan left its key rate at 0.5% and announced it would begin to slow the pace of government bond purchases from April 2026. US equity markets ended the week slightly negative by around 0.2% as investors digested the Federal Reserves rate decision and commentary suggesting that rate cuts may not be as forth coming as previously thought. As conflict in the Middle East continued to escalate during the week, fixed income assets provided investors with a safe haven, US 10-year treasury yields remaining stable at around 4.38%. That's all for this week's Titan International Weekly Podcast. Thank you for listening and for further investment insights head over to titanwealthinternational.com. 

The Fed kept interest rates steady. We'll break down that decision and what else happened the Fed's meeting with Greg McBride, Chief Financial Analyst for Bankrate

It's one of the most misunderstood numbers in personal finance, and yet it can shape everything from your mortgage rate to your insurance premiums. In this episode, Mark breaks down what your credit score actually measures, why it matters even if you're financially comfortable, and how small, consistent habits can make a big difference over time.   Here's what we discuss in today's show:

Julia Hermann, global market strategist at New York Life Investments, says she is concerned about market volatility for the remainder of the year, especially as tariff impacts work their way further into the economy and as we see some resolution on their status. While tariffs pose the risk of creating an exogenous shock — precisely what Hermann worried about triggering a recession when she last visited the show in February — she says that recession risk now is actually lower than it was when trade policies were made public in early April. She also discusses the firm's 2025 MegaTrends report, which looks at global debt investing, talking about how deficit spending and other concerns will impact credit markets over the next decade.  Greg McBride, chief financial analyst at Bankrate.com, checks in ahead of today's Fed meeting and announcement on what he expects from central bankers for the remainder of the year and whether cuts — whenever they start — will have the classic result investors are clamoring for. Plus Todd Rosenbluth, head of research at VettaFi, makes a play on the market's recent momentum with his pick for the "ETF of the Week."

Greg McBride of Bankrate looks at the numbers and says it's likely rates will not move, but there is some uncertainty as prices go up

The Fed is in "wait and see mode" says Bankrate's Greg McBride. He tells us more about what goes into the Fed's decision.

Segment 1: Mark Hamrick, Washington Bureau Chief and Senior Economic Analyst for Bankrate.com, joins John to talk about a new survey that shows 65% of Americans think tariffs would be bad for their personal finances. Mark also talks about the resiliency of the market, and the likelihood the Fed keeps interest rates steady. Segment 2: Dennis Rodkin, residential real estate reporter for Crain's, joins […]

In this episode, Lawrence and Alainta dive into the dynamic world of travel—how it's changing, the variety of ways people are exploring the globe, and the latest trends shaping the journey. From solo backpacking and digital nomadism to luxury eco-tourism and space travel on the horizon. We also explore how technology, sustainability, and shifting global priorities are transforming how and why we travel. Wait, what's a Financial Griot?The Financial Griot is a play on two words (Finance + Griot) that hold significance in closing the wealth gap while embracing our differences. Alainta Alcin, Lovely Merdelus, and Lawrence Delva-Gonzalez share their perspectives on current events that impact your personal finances and wealth mindset. In the New York Times, Bankrate, and other publications, the hosts share the stories that others don't. Stories about growth, opportunity, and even Wars. Beyond that, we tie it back to how it reflects on your finances. Specifically, we teach you how to become financially literate, incorporate actionable steps, and ultimately build generational wealth.Can you imagine being a Millionaire in 20 years or less?Yeah, it's possible. Eighty percent of millionaires are first-generation, meaning they didn't inherit wealth. We teach you how. Join a community of subscribers who welcome a fresh take on money.So there you have it, The Financial Griot, or TFG for short. The hosts amassed over $3 million in wealth in about eight years and are on track to retire early. We will gladly share the secrets if you want them, since the opportunity is abundant and a Win-Win.Find the TFG Crew Hosts on Instagram: Alainta Alcin - Blogger, Travel and Money Enthusiast https://www.linkedin.com/in/alaintaalcinLawrence Delva-Gonzalez, Financial Foodie and Travel Blogger @theneighborhoodfinanceguyLovely Merdelus - Entrepreneur and Small Business Growth Specialist @lovelymerdelus

Breaking down some good inflation news and taking a look at what we've seen from President Trump's tariffs so far. Stephen Kates, Bankrate financial analyst, joins us

Craving freedom, flexibility, and a front-row seat to nature's wonders? Whether you're chasing sunsets or seeking spontaneous detours, RV vacationing can save you hundreds on lodging and dining costs. Discover five compelling reasons why vacationing in an RV might just be the ultimate way to explore the open road.  Links: View Bankrate's Summer Vacation Survey Check out Triangle's competitive RV Rates and low-rate auto loans Learn more about this Money Tip's sponsor: New England Royal Service Check out TCU University for financial education tips and resources! Follow us on Facebook, Instagram and Twitter! Learn more about Triangle Credit Union  Transcript: Welcome to Money Tip Tuesday from the Making Money Personal podcast.  Today's Money Tip is proudly sponsored by New England Royal Service. A local NH business offering commercial cleaning and property maintenance trusted for its exceptional service. Visit neroyal.com to learn more and show us a little love by mentioning this podcast when you reach out!  Now back to today's tip.   Summer is right around the corner which means you are probably planning your summer vacations with loved ones. Ditch the family vacation to the amusement parks this year and take the family on a road trip in a recreational vehicle or camper!     Here are 5 reasons to vacation in an RV:  1. Cost-effective travel. According to Bankrate's Summer Vacation Survey, 47% of Americans chose not to go on a summer vacation in 2024—65% citing affordability as the reason.  One of the biggest vacation costs is transportation, which includes airfare, car rental, parking fees, gas, etc. Now factor in the cost of a hotel room and food on your vacation, and the costs really add up.    When you vacation in an RV, your transportation and place to sleep are rolled into one which helps cut down on costs. Plus, RVs have small kitchen areas included to stock up on food staples before you begin your trip. Instead of eating out for every meal, you can cook some meals in your RV and lower your total vacation costs.     2. Flexibility. Gone are the days of booking a vacation based on the cheapest flights or hotels. RVs give you increased flexibility because when you are traveling and staying in your own mode of transportation, you are not locked down to specific dates and times for vacation.   There's also flexibility if something occurs and you need to delay your vacation by a week. You don't need to worry about changing flights or booking new accommodations because you are traveling in your own mode of transportation.   3. Bring Your Pets. Another pro of vacationing in an RV is being able to bring your pets along. Instead of asking your friends or family to take care of them, or even paying to have someone look after them, you can take them along as travel companions.   Not only is this a good choice for your finances, but it also provides peace of mind so you can spend your vacation relaxing instead of worrying about how your pets are doing without you.   4. Privacy and Comfort. Why would you want to squeeze into the middle seat of an airplane when an alternative is being able to stretch out in the sleeping area, sit in the dining area enjoying a meal or even using the private bathroom while traveling to your destination.     When it comes to sleeping, you have the security of having your own space which can help you feel safer than an AirBnB when in an unfamiliar place. Plus, you can tow your own car behind your RV; that way if you want to explore each destination a little deeper, you can do so in your own car and can avoid a rental car.   5. Bring Home with You Wherever You Go. Another benefit of vacationing in an RV is bringing and using what is most familiar to you. We've all had a terrible night stay at a hotel while on vacation because the pillow just wasn't right or the blanket was too rough. When you vacation in an RV, you can bring your own pillows and blankets (among other things) with you for those comforts of home.      RVs provide more storage space as well which means you aren't confined to just what you can pack in a suitcase. In addition to more clothes, shoes, and bedding, RVs offer the opportunity to bring other things you can use on your vacation.    Maybe you have bicycles or kayaks that you want to use when exploring your new destination; if so, you can bring these along with you when you have the space in an RV!  If you're ready to take the plunge and finance an RV or camper, check out Triangle Credit Union's competitive rates. We also offer low auto rates on new purchases and vehicle refinancing!  If there are any other tips or topics you'd like us to cover, let us know at tcupodcast@trianglecu.org. Also, remember to like and follow our Making Money Personal Facebook and Instagram to share your thoughts. Finally, remember to look for Triangle Credit Union, on Facebook and LinkedIn.         Thanks for listening to today's Money Tip Tuesday. Check out our other tips and episodes on the Making Money Personal podcast. 

You keep hearing about the housing market shifting to favor the buyers and now people jumping into the market are learning the hard truths about what it really takes to be a homeowner.

In this episode, Lawrence shares his out-of-the-office thoughts in preparation for his vacation.  From unexpected insights to rediscovering lost passions, personal thoughts on how time off can bring clarity, creativity, and a fresh perspective.Wait, what's a Financial Griot?The Financial Griot is a play on two words (Finance + Griot) that hold significance in closing the wealth gap while embracing our differences. Alainta Alcin, Lovely Merdelus, and Lawrence Delva-Gonzalez share their perspectives on current events that impact your personal finances and wealth mindset. In the New York Times, Bankrate, and other publications, the hosts share the stories that others don't. Stories about growth, opportunity, and even Wars. Beyond that, we tie it back to how it reflects on your finances. Specifically, we teach you how to become financially literate, incorporate actionable steps, and ultimately build generational wealth.Can you imagine being a Millionaire in 20 years or less?Yeah, it's possible. Eighty percent of millionaires are first-generation, meaning they didn't inherit wealth. We teach you how. Join a community of subscribers who welcome a fresh take on money.So there you have it, The Financial Griot, or TFG for short. The hosts amassed over $3 million in wealth in about eight years and are on track to retire early. We will gladly share the secrets if you want them, since the opportunity is abundant and a Win-Win.Find the TFG Crew Hosts on Instagram: Alainta Alcin - Blogger, Travel and Money Enthusiast https://www.linkedin.com/in/alaintaalcinLawrence Delva-Gonzalez, Financial Foodie and Travel Blogger @theneighborhoodfinanceguyLovely Merdelus - Entrepreneur and Small Business Growth Specialist @lovelymerdelus

NEWS WHIP: A new study by Bankrate shows just how much your location affects insurance premiums after a speeding ticket. Costco adds sweet & savory Chicken & waffles. Jimmy Buffett's Widow Sues to Remove Trustee of $275M Estate // ‘Unfortunately, Altadena is for sale': Developers are buying up burned lots // 5 months after Eaton Fire, rebuilding permits are still being issued sluggishly in Altadena. 15-year-old boy at Campbell Hall dies after being pinned by SUV in school parking lot, police say // Nintendo Switch 2 hype leads to shortages, special store opening hours. Donkey Kong Nintendo Hotline  #SpeedingTickets #Costco #JimmyBuffett #NintendoSwitch2 #DonkeyKong #VideoGames #NintendoHotline 

Are you feeling a bit behind on your goals for retirement?   You're not alone!More than half (57 percent) of Americans working full-time, part-time or who are temporarily unemployed feel behind on their retirement savings, according to Bankrate's latest Retirement Savings Survey.In the 80th edition of the Planning for Retirement podcast, I'll discuss 6 tactical moves to improve your retirement outcomes.  I hope you enjoy it!Also, thanks for your patience this week as my family of 5 + 2 dogs made our move into a new home!  We are swimming in boxes while managing 3 boys being home from summer.  Pray for us! 

Andy Wells, chief investment officer at Sanjac Alpha, says that investors might want to put a collar on their enthusiasm, whether that involves a hunger for interest rate cuts or double-digit stock market returns. In a wide-ranging Big Interview, he says that he doesn't expect the Federal Reserve to make rate cuts, notes that he thinks international stocks have profited from turmoil but are less promising for the future, and says that the domestic market — helped by a strong economy — should be able to hold marginal, single-digit gains for this year and have small gains moving forward for the next few years. Meanwhile, he says investors should lean into the money they can earn from bonds, while being cautious about long-duration paper. Todd Rosenbluth, head of research at VettaFi, leans into the strong international markets, picking an actively-managed Fidelity fund as his ETF of the Week. Plus Ted Rossman discusses a BankRate survey showing Americans' increasing disdain for the tipping culture and how they are fighting back against what they perceive as increased pressure to leave tips, and Chuck answers a listener's question about picking a spot bitcoin ETF.

Chuck Zodda and Mike Armstrong discuss big investors shifting away from US markets. Americans are finally saving almost what they're supposed to for retirement. 3 mistakes to avoid when investing for retirement. How airline fees have turned baggage into billions. Ted Rossman, Bankrate, joins the show to share the results from a recent tipping survey.

Ted Rossman of Bankrate looks at the numbers, and what is acceptable, what isn't, and that it is also part of the deal when it comes to some businesses

A new study from Bankrate found that 63% of Americans have a negative view of tipping, up 4% from last year. People think employers should pay more and there's backlash especially against tipping screens. Ted Rossman tells us more.

Tommy and Mark Hamrick, Bankrate senior economic analyst, talk about a new jobs report and how party politics often affects how people feel about the economy.

Lawrence is solo on today's podcast, discussing the layers of what it means to be wealthy. Beyond luxury cars and flashy lifestyles, we explore the unseen foundations of lasting wealth: mindset, discipline, relationships, and purpose. Wait, what's a Financial Griot?The Financial Griot is a play on two words (Finance + Griot) that hold significance in closing the wealth gap while embracing our differences. Alainta Alcin, Lovely Merdelus, and Lawrence Delva-Gonzalez share their perspectives on current events that impact your personal finances and wealth mindset. In the New York Times, Bankrate, and other publications, the hosts share the stories that others don't. Stories about growth, opportunity, and even Wars. Beyond that, we tie it back to how it reflects on your finances. Specifically, we teach you how to become financially literate, incorporate actionable steps, and ultimately build generational wealth.Can you imagine being a Millionaire in 20 years or less?Yeah, it's possible. Eighty percent of millionaires are first-generation, meaning they didn't inherit wealth. We teach you how. Join a community of subscribers who welcome a fresh take on money.So there you have it, The Financial Griot, or TFG for short. The hosts amassed over $3 million in wealth in about eight years and are on track to retire early. We will gladly share the secrets if you want them, since the opportunity is abundant and a Win-Win.Find the TFG Crew Hosts on Instagram: Alainta Alcin - Blogger, Travel and Money Enthusiast https://www.linkedin.com/in/alaintaalcinLawrence Delva-Gonzalez, Financial Foodie and Travel Blogger @theneighborhoodfinanceguyLovely Merdelus - Entrepreneur and Small Business Growth Specialist @lovelymerdelus

A credit card balance transfer can be a smart move when consolidating existing debt - but there's also a lot to know and consider. Ted Rossman, Senior Industry Analyst at Bankrate.com in New York joins Rob Hart on the WBBM Noon Business Hour to explain...

Mark Hamrick of Bankrate.com with the jobs report

Jim Thorne, economist and chief market strategist at Wellington-Altus Private Wealth, says the target he was setting for the stock market entering 2025 holds, and that means 7,000 on the Standard & Poor's 500 "is doable this year, and I think we will rally nicely into the mid-term elections." Thorne believes the economy can avoid a recession, which will slowly help to turn the soft data as consumers and investors regain confidence, which — coupled with interest rate cuts which he says are overdue — will keep the United States markets not only moving up but the best place to invest in the world. John Cole Scott, president of Closed-End Fund Advisors, looks at two mainstream media articles that named "the best closed-end funds" and digs into the data to compare those picks to his own — made on previous appearances on The NAVigator — to see how well the one-size-fits-all advice actually suits investors. It's a lesson in evaluating funds, but also on sizing up the sources of investment recommendations. Plus, Mark Hamrick, senior economic analyst at BankRate.com discusses the site's latest survey on home affordability and homeowner regrets, which not only showed that Americans are struggling in many cases to buy homes, but they often regret how much they paid and the costs of maintenance once they get one. 

Bankrate's Greg McBride says your best bet is not to look at the day-to-day, but rather long term as the global trade market continues to evolve.

Shannon Martin, Insurance Expert at Bankrate, joins Jon Hansen to discuss how much drivers can expect their car insurance rates to increase after getting a speeding ticket.

Laurence Kotlikoff, professor of economics at Boston University and the founder of Maxifi.com — which helps investors bring economics into their financial planning decisions — says investors who have spent decades thinking the stock market rebounds from every dip and decline could be in for a different story with a coming recession, and he thinks they should be trying to lock in their standard of living rather than focusing on historic rates of return. To that end, he says he has cut his personal equity exposure from 60 percent of the portfolio to 20-25 percent. "I do see only downside risk from what's going on," Kotlikoff says. "Even if there is nothing changed on average, the uncertainty itself is enough to produce a recession and a big drop in the stock market." Ted Rossman discusses a recent Bankrate.com survey which showed that more than half of Americans say they will spend less on discretionary items like travel, dining out and live entertainment, but he also notes how plans to limit spending often fail to translate into action and reality. Plus, Chuck answers a listener's question about how to turn the portfolio of his younger self into something more age appropriate and mature.

It's no secret that vacation hotspots cost more to visit during their peak season... A new Bankrate report reveals which destinations typically see the largest price hikes (at 13:16) --- There is a 'small business boom' across the country as more Americans intentionally seek to spend their dollars at independent hometown storefronts... But the group driving this trend may not be who you would expect (at 21:17) --- Summerific recipes for the family or your next family gathering from Kyra's Kitchen! (at 42:36)

Shoot us a Text.Episode #1048: Today we're diving into Honda's EV strategy rethink and dealer drama in California, a mid-May dip in wholesale used vehicle prices, and the growing reality that side hustles aren't just extra—they're essential.Honda is pumping the brakes on its aggressive EV strategy, cutting EV R&D investment by 30% and slashing its 2030 EV sales forecast by more than 1 million vehicles. Instead, hybrids are back in the spotlight.Honda now expects just 700,000 to 750,000 EVs sold in 2030, down from 2 million.EV R&D cut from ¥10T ($69B) to ¥7T ($48B); with 13 next-gen hybrid models to debut starting 2027 with improved fuel economy and cost.“It has become increasingly clear that the environmental regulations... are becoming relaxed. I think the EV penetration period will be pushed back by about 5-6 years.” said CEO Toshihiro Mibe.Meanwhile, California's dealer association has issued a cease and desist letter to Sony Honda Mobility, challenging their direct-to-consumer sales strategy for the Afeela 1 EV.American Honda claims no role in Sony Honda Mobility's sales plans.Wholesale used-vehicle prices dipped in the first half of May, giving back some of April's unusually strong gains. The market shows signs of normalization, even as demand for used vehicles remains steady.The Manheim Index fell to 205.9, down 1.1% from April but still up 4.4% YoY.Three-year-old vehicles depreciated less than average, down just 0.6%.Luxury and SUV segments led YoY gains; compact cars were the only group to decline.EVs rose 2.0% YoY but saw a 2.0% drop vs April, steeper than non-EVs.“As the tariff situation evolves and the frenzy of buying activity for new vehicles calms down, we expect wholesale pricing trends to remain more normal through Q2,” said Cox Automotive's Jeremy Robb.Side hustles aren't just a way to save for that vacation anymore—they're becoming an economic necessity for many Americans. With living costs rising and economic uncertainty looming, millions are turning to extra work just to stay afloat.44% of Americans now report having a side hustle; 43% of them rely on it to pay for basic living expenses.Bankrate data shows 71% earn under $500/month, with only 9% making over $2,000.Top gigs include web design, video editing, ride-hailing, delivery driving, and even voiceover work.Some are using side gigs to build AI-proof income streams in trades, tutoring, or specialized services.NetCredit reports AI-based gigs on Fiverr average $44.50/day—low but growing fast.Join Paul J Daly and Kyle Mountsier every morning for the Automotive State of the Union podcast as they connect the dots across car dealerships, retail trends, emerging tech like AI, and cultural shifts—bringing clarity, speed, and people-first insight to automotive leaders navigating a rapidly changing industry.Get the Daily Push Back email at https://www.asotu.com/ JOIN the conversation on LinkedIn at: https://www.linkedin.com/company/asotu/

Are you planning to cut back on splurging for the fun stuff like travel and entertainment? We're talking with Bankrate Senior Industry Analyst about a recent survey showing 54% of Americans say they're planning to do the same.

(The Center Square) – Housing market experts say rent control is a factor in Seattle having one of the biggest cost gaps between renting and buying. According to a recent study from Bankrate, the Seattle metro area has a buy-rent gap of 119.5%, behind only San Jose (185.6%) and San Francisco (190.7%), two other tech hubs. Sean Flynn, executive director at the Rental Housing Association of Washington, says the tech sector brought more high-wage jobs into Seattle, which drives up the price of homes and mortgages. Support this podcast: https://secure.anedot.com/franklin-news-foundation/ce052532-b1e4-41c4-945c-d7ce2f52c38a?source_code=xxxxxx Read more: https://www.thecentersquare.com/washington/article_c780ca2b-f720-4988-bb1c-cac9082121ac.html

In this episode, Lawrence is joined by guest Don Johnson, who explores the powerful journey from financial hardship to empowerment within the Black community. We unpack the challenges and victories of building generational wealth through personal stories, practical tips, and historical context. Mindset shifts, financial literacy, and community support drive a new era of Black financial freedom. Wait, what's a Financial Griot?The Financial Griot is a play on two words (Finance + Griot) that hold significance in closing the wealth gap while embracing our differences. Alainta Alcin, Lovely Merdelus, and Lawrence Delva-Gonzalez give their take on current events relating to your personal finances and wealth mindset. In the New York Times, Bankrate, and other publications, the hosts share the stories that others don't. Stories about growth, opportunity, and even Wars. Beyond that, we tie it back to how it reflects on your finances. Specifically, we teach you how to become financially literate, incorporate actionable steps, and ultimately build generational wealth.Can you imagine being a Millionaire in 20 years or less?Yeah, it's possible. Eighty percent of millionaires are first-generation, which means they didn't come from wealth. We teach you how. Join a community of subscribers who welcome a fresh take on money.So there you have it, The Financial Griot, or TFG for short. The hosts amassed over $3 million in wealth in about eight years and are on track to retire early. We will gladly share the secrets if you want them, since the opportunity is abundant and a Win-Win.Find the TFG Crew Hosts on Instagram: Alainta Alcin - Blogger, Travel and Money Enthusiast https://www.linkedin.com/in/alaintaalcinLawrence Delva-Gonzalez, Financial Foodie and Travel Blogger @theneighborhoodfinanceguyLovely Merdelus - Entrepreneur and Small Business Growth Specialist @lovelymerdelus

If Walmart, the low-cost giant, is saying they're raising prices -- and soon -- because of tariffs, what does that mean for the rest of the stores ... and above all to our family budgets? Senior Economist with Zions Bank, Robert Spendlove shares his analysis. Sarah Foster with Bankrate, shares items that have risen in price. Listeners chime in with what they have noticed has changed in price recently.

Senior Economic Analyst at BankRate, Mark Hamrick, breaks down recent economic data and discusses how President Trump's tariffs are impacting the economy.

Chuck Zodda and Mike Armstrong discuss Jerome Powell cautioning about higher long-term rates as 'supply shocks' provide policy challenges. Is it too late to save the US economy? Does it need saving? Netflix says Ad tier has more than 94M users. Trump says India offered to remove all tariffs on US goods. Ted Rossman, Bankrate, joins the show to chat about the household debt and credit report.

Segment 1: Mark Hamrick, Washington Bureau Chief and Senior Economic Analyst for Bankrate.com, talks to John about a new survey that shows nearly half of current homeowners say they have at least one regret about the purchase of their current home. Mark also offers some tips on how you can save money on your home purchase. Segment 2: Aki […]

Credit card travel rewards sound like a dream—sign up, spend a few thousand dollars, and fly to your dream destination for “free.” But in 2025, is it still worth it?In this episode, we break down the real value of points and miles using up-to-date data from Bankrate. You'll learn how these programs work, how much your rewards are actually worth, and when travel cards are a great tool—or a trap in disguise.We'll cover: o The psychology of “free” travel offers o How much 50,000 miles are worth on different airlines (spoiler: it varies by $700+) o Why sign-up bonuses might cost you more than you think o The math behind redeeming points vs. paying cash o When using travel rewards makes financial sense o Red flags and myths to avoid in 2025 o Smarter strategies to earn travel rewards without overspendingThis episode is for anyone considering a Chase Sapphire, AmEx Platinum, or Capital One card—or trying to decide if “points” are still worth chasing.Subscribe to the channel for more empowering content on personal finance, investing, and self-improvement. Don't miss out on the opportunity to unlock your true financial potential and live a life of abundance. It's time to invest in yourself and create the future you deserve!Articles Referenced: https://www.bankrate.com/credit-cards/travel/points-and-miles-valuations/#hotel**Support the Stream By Shopping at Our Store** Buy Your Financial Mirror Gear: https://www.thefinancialmirror.org/shop YouTube: https://www.youtube.com/@thefinancialmirrorRumble: https://rumble.com/TheFinancialMirrorFacebook: https://www.facebook.com/thefinancialmirr0rX: https://twitter.com/financialmirr0rInstagram: https://www.instagram.com/thefinancialmirror/Podcast: https://creators.spotify.com/pod/show/thefinancialmirrorIf you are in need of a Financial Coach, don't waste another day of being in debt, not planning for retirement, or simply wondering where your money went each month. Today is the day to take control of your finances and I can help, no issue is too big or too small. Contact me at https://www.thefinancialmirror.org/#creditcardtravel #travelhacks #pointsandmiles #financialliteracy #personalfinance #moneytips #creditcardrewards #smartspending

Jeffrey Roach, chief economist at LPL Financial, says that while the economy is starting to point towards likely outcomes — an economic slowdown that leads to stagflation but likely stops short of recession — the extremes are still possible. That means the outcomes run from a potential trade war to a no-landing scenario until at least 2026. Roach discusses the challenges faced by international economies and markets right now, as well as whether stagflation or recession is worse for consumers. Greg McBride, chief financial analyst at BankRate.com, discusses what he expects to hear from the Federal Reserve later this week, but also notes that investors who are scared of the current markets can find safe havens in banking products, once again creating CD ladders that can deliver above-inflation returns while also dealing with rate cuts likely to arrive later this year. Plus Robert Farrington, founder of The College Investor, discusses the end of student-loan relief that has been in place for the last five years, with more than 40 million Americans now facing consequences if they can't repay student loan debt. He talks about what borrowers can do to ease the burden and reduce its impact on their finances.

Credit card debt has been rising at one of the fastest rates in history. The amount Americans owed on credit cards hit an record high of over $1.2 trillion at the end of 2024. And people are not only spending more on plastic, they're also paying down less, carrying high balances and shelling out more in interest and also late fees. A third of Americans now have more credit card debt than emergency savings, according to an annual survey from Bankrate. MPR News host Angela Davis talks about why credit card debt is growing and strategies for tackling it. Guests: Chris Farrell is a senior economics contributor for MPR News and Marketplace. His new 12-part series for Marketplace, “Buy Now, Pay Later,” focuses on the worrisome trend of older Americans carrying debt into retirement. Joanne Lundberg is the financial counseling supervisor at LSS Financial Counseling, a service of Lutheran Social Service of Minnesota. She is based in Duluth. Resources mentioned during the show: The National Foundation for Credit Counseling provides advice on how to avoid and handle credit card debt and manage your credit score. It also provides referrals to nonprofit organizations that can work with people individually on reducing credit card debt. The nonprofit organization LSS Financial Counseling runs a debt management program.

A recent Bankrate survey reveals that the affordability factor has been cited by 65% of expected non-travelers-- and this group may be budgeting for 'staycations'. Today's Stocks & Topics: STRL - Sterling Infrastructure Inc., XYZ - Block Inc., UBER - Uber Technologies Inc., Fewer Than Half of Americans Plan to Travel This Summer, KPP Newsletter, SSNC - SS&C Technologies Holdings Inc., Key Benchmark Numbers: Treasury Yields, Gold, Silver, Oil and Gasoline, US Equity Funds, Cash-Out Refinancing, KR - Kroger Co., KO - Coca-Cola Co., AMD - Advanced Micro Devices Inc., HSY - Hershey Co., VALE - Vale S.A. ADR, Japan vs. Trade War.Advertising Inquiries: https://redcircle.com/brands

In this episode, we explore the escalating costs of home ownership, driven by rising maintenance, insurance, and property taxes, with data from Bankrate's 2024 study. We highlight the real-life impact on homeowners like Emily, who face unforeseen expenses and stress. Meanwhile, big investors are capitalizing on the market by leveraging economies of scale and professional management, treating real estate strictly as a cash-producing asset. The episode ends with an invitation to a workshop in Las Vegas aimed at teaching aspiring investors how to navigate and succeed in the changing housing landscape. ...about that thing in Vegas I'm doing: https://docs.google.com/document/d/1WCsH9-05vQzgZf9MAGBpUahyTqBcu9VgVqQ8pcACMT8/edit?tab=t.0 Learn more about your ad choices. Visit megaphone.fm/adchoices

Death might be the end of life, but it's not the end of the bills. In this mini-solo episode, Lawrence dives into the surprisingly high cost of dying. From funerals and burials to cremation, paperwork, and hidden fees. Lawrence breaks down where all that money goes when someone dies. He also discusses how families can prepare, avoid financial strain, and make smarter choices regarding final expenses—a much-needed conversation about life's final price tag.Wait, what's a Financial Griot?The Financial Griot is a play on two words (Finance + Griot) that hold significance in closing the wealth gap while embracing our differences. Alainta Alcin, Lovely Merdelus, and Lawrence Delva-Gonzalez give their take on current events relating to your personal finances and wealth mindset. In the New York Times, Bankrate, and other publications, the hosts share the stories that others don't. Stories about growth, opportunity, and even Wars. Beyond that, we tie it back to how it reflects on your finances. Specifically, we teach you how to become financially literate, incorporate actionable steps, and ultimately build generational wealth.Can you imagine being a Millionaire in 20 years or less?Yeah, it's possible. Eighty percent of millionaires are first-generation, which means they didn't come from wealth. We teach you how. Join a community of subscribers who welcome a fresh take on money.So there you have it, The Financial Griot, or TFG for short. The hosts amassed over $3 million in wealth in about eight years and are on track to retire early. We will gladly share the secrets if you want them, since the opportunity is abundant and Win-Win.Find the TFG Crew Hosts on Instagram: Alainta Alcin - Blogger, Travel and Money Enthusiast https://www.linkedin.com/in/alaintaalcinLawrence Delva-Gonzalez, Financial Foodie and Travel Blogger @theneighborhoodfinanceguyLovely Merdelus - Entrepreneur and Small Business Growth Specialist @lovelymerdelusShow Less

Just how expensive has homeownership become? To afford a typical home, households need an income of about $117,000 right now — a 50% increase from $78,000 in January 2020, according to a Bankrate report. Over the same five years, wages rose  just 27%. What gives? Also in this episode: The dollar’s value drops, Europe weighs economic independence amid tariff troubles and falling enrollment shrinks budgets at rural public schools.