Info

Financial Freedom Podcast

A semi-monthly podcast that brings you advice and interviews with experts on various important topics to help you make better and smarter financial decisions in order to improve or maintain your financial situation.
RSS Feed Subscribe in Apple Podcasts
Financial Freedom Podcast
2019
October
September
August
July
June
May
April
March
February
January


2018
December
November
October
September
August
July
June
May
April
March
February
January


2017
December
November
October
September
August
July
June
May
April
March
February
January


2016
December
November
October
September
August
July
June
May
April
March
February
January


Categories

All Episodes
Archives
Categories
Now displaying: December, 2016
Dec 28, 2016

One reason people here in New Jersey are contemplating bankruptcy, in addition to credit card and medical debt, is a big tax bill that they cannot pay. People often ask me whether taxes are dischargeable (and many people think that they are not). The answer I usually give is, it depends.

Whether taxes get discharged depends on two things: What kind of tax it is (income, real estate, sales, or tax withholdings from employees), and whether it passes the bankruptcy code’s three part discharge test. To get a good answer to this question I asked local tax accountant Ira Krassan to join me to go over these points and give you a good idea of whether bankruptcy can get rid of part, or all, of your tax debt and get you the fresh start that you need.

Dec 16, 2016

I have often provided links in my semi-monthly e-newsletter to articles on EveryDollar.com that talk about ways to budget, save money, and plan for the future. The information they provide is great for anyone trying to save money to pay down debt or just find extra cash for a special purpose or to save for retirement.

They recently posted an article on their blog about how your smartphone can help you do this, not just with their budgeting app, which I reviewed in a previous episode, but also with many other apps that find you deals. After reading it, I thought it would be a great idea to bring this information to you in the podcast.

Dec 1, 2016

Many Americans do not have a will, even though they may be married or even have children. It is on their “To Do” list, but never seems to get done, most times because they either do not know where to start or do not want to think about their own deaths. But it is one of the key things that you should do as part of your financial plan.

I can’t help you get over your not wanting to plan for your own death, but I can give you some tips on how to get started. So in this episode I am going to go over the decisions most people need to make and the information they need to gather to start the process, whether you are doing it yourself or hiring a lawyer.

1