Connie Albers joins us today to talk about communication. Specifically, we’ll talk about communicating with teenagers, but if you’ve ever struggled to communicate with anyone, Connie will share great tips on how to build bridges. We’ll talk about how to ask the tough questions and have difficult conversations. We’ll discuss ways to better understand what’s going on in the other person’s life. Most of all, we’ll discuss ways to be a good leader for your children or for the people around you.
If you’re still struggling to finish your taxes, Katherine Pomerantz of The Bookkeeping Artist swoops in to save the day. Katherine will share some great tips for ways to possibly save some money on your taxes and also provide some guidance for people not prepared to finish today. How do you file an extension? What if you can’t pay the tax due? And in our second headline, the amount of money Americans are paying on credit card interest is only going up this year… by A LOT.
And later on in the
Then, in our letters segment, Tom has recently started using savings apps. This all sounds well and good, but he also has $13,000 in debt. Should Tom forgo the savings until he has in debt under control?
Of course, we’ll also make some room for Doug’s trivia, so don’t you worry.
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- Americans Will Pay $122 Billion in Credit Card Interest This Year — 50% More Than 5 Years Ago (Money)
- A BIG thanks to Katherine Pomerantz for her last minute tax help. You can find more from Katherine at her site: TheBookkeepingArtist.com
<19:48> Connie Albers
You can find more from Connie at her site: ConnieAlbers.com
Want to get your hands on Connie’s book? Order through our Powell’s link and you’ll be supporting THREE great causes: Connie Albers, an independent bookseller, and… your favorite podcast of course. Click below for more:
Check out the Youtube video that the University of Central Florida made of Connie’s family:
<43:12> Doug’s Trivia
- Which two states don’t have taxes due until the 17th this year?
<49:21> Haven Life Line
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- Sebastian and his wife had a baby last year. They’re already looking towards securing his college future. Sebastian has a few different plans in mind, but wants some advice. Thoughts?
Tom has recently starting using savings apps to sock away some extra cash. So, what’s exactly the problem? Tom still have $13,000 of debt to pay. Tom wants to know, should he forgo the savings apps until he has his debt taken care of? You can read the question in its entirety below:
Hello Basement Dwellers! I have been listening for about 3 months now. Stacking Benjamins is the first time I have enjoyed learning about finance (so major props to you all).
I have about 13000 in debt. 1 credit card has $1300 (17% interest), another card has $1000 (10% interest) and the rest is financing for a car.
I recently started using the app Albert for automatic savings from my bank account. It looks at my spending habits and auto-withdraws $20 – $100 per week based on my spending habits, when bills are coming out and when I am getting paid next. I have also started using Acorn which uses round ups from card purchases and $20 auto draft from my account.
I HATE having money to pay off on my cards and want to get them paid off as soon as possible. As for my car, I would am okay with riding out the payments until they are done or getting them done a little early. My question is, should I stop sending money to Albert and Acorn until I pay off my cards or should I continue to do that and use the remaining money in my paycheck to throw at the cards? Excited to hear what you have to say and thank you for you help and the podcast itself!