Home     About Us    Contact Us     Contribute     Privacy
Investing
Stocks
Bonds
Mutual Funds
Biz
Credit
Career
College
Economics
Tax
More
 
 
Marketplace
Related Articles
Related Definitions
Related Categories
Tip of the Day

Tip of the Day Borrow No More Than 30% of Your Available Credit

Borrow No More Than 30% of Your Available Credit - You should borrow no more than 30% of your available credit each month if you wish to keep your credit...

read entire tip

Related Podcasts
Recently Added
Other Great Sites
 

Using Taxes to Better the World

Posted On: 2006-10-20
Length:

Listen to this podcast

It's Brian Preston, the Money Guy, restoring order to your financial chaos. Retirement, investing, taxes. You've got financial questions, he's got financial answers. It's Brian Preston, the Money Guy.

It's October 20, 2006. You know this week, we're due for a financial chaos topic, and what we're going to talk about today is the tax smart way to better the world. And what I mean by that, is I'm going to give you some creative ways, some new thing that have popped up, either company's lowering and changing the way they do business, or even through legislation, ways that you can get money more effectively than what's been going on in the past. And this is going to serve several purposes. I know quite a few of my older listeners who are on the leading edge of this technology boom of podcasting, that listen and subscribe, have asked why do you focus everything on all the younger people out there. Us retired individuals would love to have some information as well, so this is, if you've sent me those emails complaining about that, this is your day and this is your podcast. Now we're also going to talk about in this podcast, I've got to start off, I normally don't do this, we typically jump right into the financial chaos topic, but today I'm going to go over an email from Lauren. I want to talk about some of the things that she wrote me. It's a real short email, it shouldn't take too long to clear up, and then there at the end I'm going to talk about Wesley Snipes and his tax trouble. If you haven't heard about this, you need to stick around because it will show you, no matter how much money you make, how many people you surround yourself, you can still make stupid decisions. And if you make enough money you can find somebody who will tell you it's a smart idea. So hang around for that, and then I'm going to close out the show by telling you once again, who I am, what my background is, because I got some emails saying, why don't you ever talk about your firm. Well, the reason I don't talk about my firm is I'm a bad marketer. I love doing what I do for a living, but I do not trumpet myself or market this firm probably like I should. So I'm going to take your advice and actually close out the show by telling you a little bit about Preston and Cleveland Wealth Management.

But jumping right in to this email. I want to read this to you. It says, "Brian, I have a question regarding 529 savings plans. I am planning on attending graduate school in the fall of 2008 to obtain an MBA, and am trying to decide what my best savings options are for the next two years in order to help pay tuition and other living expenses. MBA programs are quite expensive, and I would like to try to minimize the amount of loans I have to take out. Are 529 savings plans the best investment vehicles over the next two years to save for school. Or, would I be better off investing in other mutual funds and/or stocks or bonds. I have been contemplating purchasing a condo, I am currently renting, to live in for the next two years, and then potentially sell it either when I enter school or when I graduate when I help pay for the tuition. However this option would leave me with very little to contribute to any other savings plan. Any thoughts would be very appreciate. Thanks, Lauren."

Now Lauren, I want to talk to about something with this. Now first of all, 529 plans, you know, are ideal for starting out when your children are very young. I started a 529 plan for my daughter as soon as she was born, and I contribute $100 a month to it, and I'm hoping by the time she enters college it's going to be a substantial sum of money. Now, in just refreshing what the college savings...

Discuss It!

Programming Homework Help said:

Some time we are searching for incredible stuff, here I found that decent work.

Statistics Homework Help said:

Our website is number in Statistics/ Stats homework help. This is preferred destination for various students to get their Statistics assignment help taken from.

uk essay writing said:

We should pay Taxes on regular base because Using Taxes to Better the World. People away from the taxes when any government put some extra and meaningless taxes. Then People use illegal practices to away from it. I think the above article enough for the value of Taxes.

Som said:

nice! <a href="http://podcasts.teenanalyst.com/Investing/UsingTaxestoBettertheWorld.html">using taxes</a>

buy app reviews said:

Buy app reviews and ratings in Google Play and App Store to promote apps and boost app ranking.

ips monitor under 200 said:

However, with regards to choosing the best gaming monitor device, the problem would appear to get more complicated. Among the first ...

Case Study Solution Help said:

Our website is number 1 in Case Study assignment help, online Case Solution & Case Analysis experts. Feel free to contact us to get your case studies done.

cheapest cable said:

Thanks Brian Preston. The talk with a great financial analyst such as Brian, was very helpful for us to know better about Retirement, investing, taxes. Even though we pay tax regularly, we were unaware of such financial terms. Thanks for explaining.

dissertation service said:

Our internet site is wide variety in facts/ Stats homework assist. that is favored destination for numerous students to get their information project help taken from.

Most Popular Articles
Most Popular Definitions
 
Daily Definition

Definition of the Day Minority Interest

Minority Interest - Minority Interest is shareholders whose combined shares represent less than half of the total outstanding shares issued by a corporation have the minority interest in that corporation. In many cases, the collective holdings of the minority shareholders are considerably less than half of the total shares. In...

read entire definition

 
 

 

 

Home     About Us    Contact Us     Contribute     Sitemap

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Copyright © 2009 TeenAnalyst.com