Mind Your Money: 4th Quarter Checkup

Flash/Black :radio: correspondent da Vinci Parks sits down with Pete Bacote to discuss: The 4th Quarter Checkup

  • What is it?
  • The reason you do a 4th quarter check up
  • You should have a plan in place
  • Explaining the W4 and it’s significance

Mind Your Money: Equifax Breach / Protecting Your Identity

Flash/Black :radio: correspondent da Vinci Parks sits down with Pete Bacote to discuss: The Equifax breach: What is it, and why is it important?

  • Pull your credit – annualcreditreport.com
  • Ask for a credit freeze
  • What your credit score can impact
  • Tips and Tricks –
    • Junk Mail disposal
    • Online bill payment
    • Credit monitoring
    • Stop getting junk mail
  • Why KEEPING credit monitoring services is important!

%$!+ You Might Have Missed

SYMHM: Opportunity and Access

%$!+ You Might Have Missed3-12-2017 – The Usual Suspects (K. Savage (Kristy), T. Rich (Takia–still missing Slli’m Williams), and da Vinci Parks (Lee Bennett, III)) sit down for this weeks episode of SYMHM.  In this podcast, the Usual Suspects discuss “I Am Not Your Negro,” “Get Out,” the complexities of nuance as it pertains to the Affordable Care Act (and healthcare as a whole), Debt, Opportunity, and Access in today’s society.  Oh, and we talk about that Nikki Minaj “comeback,” too.  All of this, and much, much more….

 

Related Articles/Reading:

Addressing Incorrect Facts from 3/12/2017 podcast with regard to ACA
http://www.msn.com/en-us/news/us/insured-through-your-job-medicaid-the-aca-heres-what-could-change/ar-AAo7ysH?li=BBnb7Kz (Consumer Reports)
Under the ACA, you can get tax credits to subsidize premiums based on your income and where you live. The less you make, the bigger your credit: Last year, subsidies averaged $290 per month, which covered a big chunk of the $396 average monthly premium for ACA marketplace plans. About 85 percent of people on ACA plans qualified for subsidies, according to the Department of Health and Human Services.

Agency for Healthcare Research and Quality (AHRQ) (DHHS) – https://www.pso.ahrq.gov/Topics

Section 3025 of the Affordable Care Act added section 1886(q) to the Social Security Act, establishing the Hospital Readmissions Reduction Program, which requires the CMS to reduce payments to hospitals with excess readmissions, effective for discharges beginning on October 1, 2012. The regulations that implement this provision are in subpart I of 42 CFR part 412 (§412.150 through §412.154). Please visit the Hospital Readmissions Reduction Program for more information.


Sentarus Logo

Enhance Your Finances: Talking Taxes with Pete Bacote

Flash/Black:Radio: welcomes Mr. Pete Bacote of the Sentarus Group (@SentarusGroup), as we discuss financial wellness, getting your taxes in order, and being smart with your retirement investments.  One of the tenets of Flash/Black:Radio: is getting your financial house in order, so check out this podcast and remember to tell a friend!
Pete Bacote


Building Your Financial Legacy

Building Your Financial Legacy

In this podcast, our host da Vinci Parks sits down with guests Alicia Gordon and Derrick Johnson to talk about building legacy through life insurance, 40l(k) plans, annuities and mutual funds.  Both guests are well-versed in financial products/awareness, and bring that knowledge to this podcast to begin the conversation about diversifying and building wealth and financial legacy.  Ms. Gordon has over 15 years of experience in the financial services industry. In part, she worked for a major bank, monitoring financial advisors to ensure that they made suitable and appropriate investment decisions for their clients. I am currently a VP in compliance for a Nationally Recognized Statistical Rating Organization (NRSRO).  Mr. Johnson is an insurance agent and has access to multiple products ranging from annuities to universal life insurance to term life insurance.  Mr. Johnson has been selling insurance since 1999.

 

Related Articles:

Black Families Would Need 228 Years to Amass the (Current) Wealth of (Today’s) White Families


A Crash Course in Credit Scores

This podcast gives you a crash course in credit scores.  If you are unfamiliar with the ins and outs of credit scores, how they work, and why, this is the podcast for you.
*If you want to learn a little about the folks behind FICO scores, you can click here.  If you want to know a little about each of the three major credit bureaus, try one of the links below:


Online Rebates: Paying Yourself to Shop

In this Podcast, I will focus on the awesomeness of signing up for online rebates.  I will highlight a couple of ways to save money while shopping online, where to go, and how to sign up.  I will introduce you to two Online Rebate sites that I use, in addition to a third that you may want to check out.  I will also suggest an online tool that does products price comparisons for you on thousands of online items without you having to do the leg work.  Following these steps will enable you to earn a percentage of of your total purchase when you purchase goods and merchandise online from select online retailers.  The best part: It’s FREE!!

Ebates Coupons and Cash Back
By clicking the above image, you are clicking on an affiliate link.

Related Articles:
9 Rebate Sites That Pay Up to 70% Cash Back, by The Penny Hoarder

Disclaimer
When it comes to financial advice, I’m not going to reinvent the wheel here by trying to create catchy new terminology for existing principles, because that would be a waste of time.  While a lot of what I propose is not necessarily new–there are elements that aren’t commonly known/practiced, so I’ll try to make what I relay in my blogs/podcasts easier to relate to, and, more importantly, they’ll often be from my perspective and personal experience.  I am NOT a financial advisor, but I am someone who has learned a lot through seeing/making a lot of mistakes and working across various industries/disciplines.  If you have any questions or concerns about anything that’s mentioned in my blogs/podcasts, I invite you to seek the advice of a reputable financial expert and to do a little research.  After all, we should all be asking MORE questions when it comes to our financial well-being.


Fine-Tuning Your Budget

Once you’ve established a budget, you may begin to notice that certain expenses are higher than you’d like, you keep going over your budget, or, perhaps you don’t have enough discretionary income from month to month.  Having a budget is great, but making sure it’s optimally performing for you is where the magic happens.  Fine-tuning your budget is how you begin to make your money work for you!  In this podcast, we’re going to discuss Fine-tuning your budget.  In it, I’ll relay a very simple money-saving principles that could potentially save you thousands of dollars–no gimmicks!

Related Articles:
Millions of Americans Spend Half Their Income on Rent
How Much Did the Typical American Save Last Year?

Disclaimer
When it comes to financial advice, I’m not going to reinvent the wheel here by trying to create catchy new terminology for existing principles, because that would be a waste of time.  While a lot of what I propose is not necessarily new–there are elements that aren’t commonly known/practiced, so I’ll try to make what I relay in my blogs/podcasts easier to relate to, and, more importantly, they’ll often be from my perspective and personal experience.  I am NOT a financial advisor, but I am someone who has learned a lot through seeing/making a lot of mistakes and working across various industries/disciplines.  If you have any questions or concerns about anything that’s mentioned in my blogs/podcasts, I invite you to seek the advice of a reputable financial expert and to do a little research.  After all, we should all be asking MORE questions when it comes to our financial well-being.


Enhance Your FInances: Establishing a Budget

Once you have a better understanding of what your financial picture is by utilizing a tool like Mint or Microsoft Excel (or the e-FAST), you will likely have a much easier go of establishing and sticking to a budget.  While many people have budgets that they operate with, it’s difficult to know if the budget you’ve established is actually working to your benefit if you haven’t figured out your financial picture yet.  Your financial picture will allow you to ratchet down areas where money is flowing out of your pockets faster than you’re making it.  In this podcast, we’re going to go over the basics of establishing a budget.

Related Articles:
5 Financial Mistakes That Ruin Your Marriage

Disclaimer
When it comes to financial advice, I’m not going to reinvent the wheel here by trying to create catchy new terminology for existing principles, because that would be a waste of time.  While a lot of what I propose is not necessarily new–there are elements that aren’t commonly known/practiced, so I’ll try to make what I relay in my blogs/podcasts easier to relate to, and, more importantly, they’ll often be from my perspective and personal experience.  I am NOT a financial advisor, but I am someone who has learned a lot through seeing/making a lot of mistakes and working across various industries/disciplines.  If you have any questions or concerns about anything that’s mentioned in my blogs/podcasts, I invite you to seek the advice of a reputable financial expert and to do a little research.  After all, we should all be asking MORE questions when it comes to our financial well-being.


Creating a Clear Financial Picture

Much can and has been said about finances and how to improve them.  The internet offers many helpful articles and blogs that illustrate how to make more money, pay down debt, invest in real estate and more, but the common thread that often gets lost in the equation is YOU.  I believe that it can be hard to visualize yourself in a scenario where more money is coming in, or bills are less of a burden on your bottom line if you don’t first understand what your financial picture is.

When I say financial picture, I mean a snapshot of your finances that involves everything from your income to the rent you pay each month.  If you can’t refer to something that shows you a clear picture of what your income and debts are from month to month, there’s a chance that you could be missing some key data that could ultimately help you live a fuller life.

Jumping in the Pool—Start Being Proactive about Creating a Healthy Financial Picture
The first thing you have to do (if you haven’t already done so) is just jump in the pool already.  There are often these tips and tricks that drag out what you can do in minutes over days and sometimes weeks.  If you sincerely want to change your financial outlook for the better, let’s stop putting it off and get started.  Dipping your toe in won’t change things at all—at some point, you have to go or it.  Let’s do that today!

Getting Your Financial Picture in Focus
While there are multiple ways to attain a healthy financial picture, there are two tools that I’ve been using for years to ensure my financial picture is consistently clear: Microsoft Excel and Mint.  I will walk you through how both of these tools can enhance your financial picture in a variety of ways, as well as list some of the pros and cons of each tool.

Related Articles:
Millions of Americans Spend Half Their Income on Rent
How Much Did the Typical American Save Last Year?
Radically Improve Your Finances in 14 Days

Disclaimer
When it comes to financial advice, I’m not going to reinvent the wheel here by trying to create catchy new terminology for existing principles, because that would be a waste of time.  While a lot of what I propose is not necessarily new–there are elements that aren’t commonly known/practiced, so I’ll try to make what I relay in my blogs/podcasts easier to relate to, and, more importantly, they’ll often be from my perspective and personal experience.  I am NOT a financial advisor, but I am someone who has learned a lot through seeing/making a lot of mistakes and working across various industries/disciplines.  If you have any questions or concerns about anything that’s mentioned in my blogs/podcasts, I invite you to seek the advice of a reputable financial expert and to do a little research.  After all, we should all be asking MORE questions when it comes to our financial well-being.