Something On My Mind
Winning the Lottery Leads to Mo’ Money but May Lead to  Mo’ Problems

Winning the Lottery Leads to Mo’ Money but May Lead to Mo’ Problems

August 25, 2020

In this episode David and Cindy discuss the ins and outs of what can happen to people when they win the lottery or receive large sums of money.

In the Coronavirus montage, they discuss the executive order given by President Trump to ByteDance for them to sell their American TikTok business unit due to security flaws that can lead to stealing intellectual property.

Next, they discuss how the Cascade brand says to use the dishwasher every night even if it isn’t full, as it uses up to five times less water than rinsing dishes by hand. Lastly, they discuss the “Night of Living Dead” disease that the cicadas are facing due to them eating mushrooms.    

 

 

Americans Waste 40% of the Food That They Buy. Does This Include You?

Americans Waste 40% of the Food That They Buy. Does This Include You?

August 25, 2020

In this episode David and Cindy discuss food cost in that American’s waste 40% of the food that they buy. They discuss what can be done to reduce the waste while saving money and helping the environment.

In the roundtable, they discuss a real-life dating story that differs to that of Indian matchmaking which is currently being shown on Netflix.

In the Coronavirus montage, the food edition, they discuss an unusual partnership between Crocs and KFC whereby they created “Country Fried Crocs” as a promotional novelty release. Next they discuss how retailers such as Costco are no longer selling sheet cakes and have opted to sell the 9-inch round cakes to cut down on social distancing. Lastly, the discuss the history of the Happy Birthday song.  

 

You Can’t Take Your Credit Card Debt to Your Grave but You Can Give it to Your Heirs

You Can’t Take Your Credit Card Debt to Your Grave but You Can Give it to Your Heirs

August 25, 2020

In this episode David and Cindy explain the scenarios where credit card debt can be given to your heirs; however, credit card insurance can be used to waive the debt when the cardholder dies.

In the Coronavirus montage, they discuss the story of a dog that traveled 57 miles back to its former residence two years after moving out and the hilarious story of a women who intended to pay for the murder of her ex-husband using the fake web site, Hire a Hitman.

Lastly, in the human interest topic they discuss the story of an original Rosie the Riveter who formerly made bandanas to honor the women in factories during World War II and now is repurposing the cloth to make masks in the fight to prevent the spread of the Coronavirus.

FDCPA - https://www.investopedia.com/terms/f/fair-debt-collection-practices-act-fdcpa.asp

The Balance - 5 Steps for Credit Card Insurance https://www.thebalance.com/considering-credit-card-insurance-2645595

Shopping for Your Surgeries and the Death of a 20-year Old Trading on Margin with Robinhood

Shopping for Your Surgeries and the Death of a 20-year Old Trading on Margin with Robinhood

August 25, 2020

In this episode, David and Cindy discuss how you can shop for your medical surgeries and how it can be beneficial to you. In the next topic they cover the tragic story of a 20-year old who took his own life after being misled into thinking that he was over $730,000 in the negative while trading with the Robinhood online brokerage firm. David and Cindy will breakdown strategies the young man was trading with and what could have been done to avoid his situation.

In the Coronavirus montage they cover why you don't need prewash your dishes before using the dishwasher and how the Los Angeles Dodgers are giving the fans the opportunity to have their image posted onto cardboard cutouts and placed into the stands for a charitable cause. In the last story, they cover some misconceptions around using moisturizers and facial creams.

In the human-interest topic, they cover the story in Tenino, Washington who is printing wooden money for people in need that can be used as a real currency within the town limits. 

Margin Call explained: https://www.investopedia.com/terms/m/margincall.asp

There are Two Reasons Why You Don’t Want a Tax Return

There are Two Reasons Why You Don’t Want a Tax Return

August 25, 2020

In this episode David and Cindy discuss tips that you can use to get an estimate of the taxes that you need to pay to the IRS. Next, they discuss why you do not want a tax return as there are ways to use that money during the year to your advantage. 

Next they discuss the historic and unique contract that NFL superstar Patrick Mahommes agreed to. Lastly, they cover the story about the Japanese company Yamaha, who is testing an app that pipes in crowd noise from people's phones to simulate fans in stadiums. 

 

The Toxic Truth of Paying More in Debt that What You Earn in Retirement Planning

The Toxic Truth of Paying More in Debt that What You Earn in Retirement Planning

August 25, 2020

In this episode David and Cindy discuss pet peeves and observations about shopping at Costco. In the financial topic they address the biggest mistake that is made in financial planning which is when people pay more in interest on debt than what they are earning in the retirement planning. 

In the Coronavirus montage they cover the story about a petition that is underway in Ohio to replace Christopher Columbus's statue with Chef Boyardee. In addition, they talk about a man who was arrested for smuggling marijuana using an underwater sea jet. Lastly, NASA is offering $20,000 to anyone who can come up with a revolutionary space toilet for when they station on the moon in 2024. Why can't rocket scientists solve this?

 

The New York Mets, Bernie Madoff and Bobby Bonilla’s Anniversary for his $1.92 Million Payou

The New York Mets, Bernie Madoff and Bobby Bonilla’s Anniversary for his $1.92 Million Payou

August 24, 2020

In the episode David and Cindy celebrate anniversaries. In the roundtable they discuss how they met which ultimately led to hosting a podcast. Then next topic discusses whether you should have two budgets or one unifed budget in the household. 

Next, they discuss the story of Bobby Bonilla who was owed $5.8 million from the New York York Mets and was offered a payment deferment which will lead to $29.8 million in total compensation.

Cyber Security Experts Austin & Claire Discuss Protecting Your Finanical Data

Cyber Security Experts Austin & Claire Discuss Protecting Your Finanical Data

August 24, 2020

In this episode David and Cindy provide tips to watch your budget so you don't pay extra for products and services that were added or cancelled on your bills. The second topic looks back to episode #1 and review why it was important not to panic sell your investments when the overall stock market was down 40%.

In the last segment cyber security experts Austin Endo & Claire Cochran discuss password protection tips to keep hackers from getting to your financial data. 

Senior Loan Consultant, Brenda Brosnan Discusses Mortgages and Refinancing

Senior Loan Consultant, Brenda Brosnan Discusses Mortgages and Refinancing

August 24, 2020

In this episode David and Cindy discuss the experience of teenagers beating cars into the ground and as they became adults, how they realized the responsibility of owning their own cars. Secondly, senior loan consultant and branch manager, Brenda Brosnan of Summit Funding, discusses the state of new mortgages and refinancing in today's landscape. 

“Claire-ity” for Debt Management and Saving for a Home

“Claire-ity” for Debt Management and Saving for a Home

August 24, 2020

In this episode David and Cindy discuss video conferencing mishaps and embarrassing moments during meetings. In addition, super-listener, Claire joins the show to ask questions about her plan to pay off debt, manage a rainy day and an emergency fund and ultimately purchase a home. Lastly, new updates to the show are being announced.

Don't forget to subscribe the podcast!

Play this podcast on Podbean App