Keep Yours

Do you think you understand inflation? According to Warren Buffet, only one person in a million truly understands the complexities of inflation. Put on your thinking cap and get ready for this episode where we break it all down and also give you some ideas for how to protect yourself during this looming economic downturn.

The stock market is not reflecting the economic reality of what is happening today. Unemployment claims are over 10 million, the government can’t agree on a plan, and meanwhile pandemic benefits have run out, leaving millions of people in real financial

The feds are printing money in hopes of keeping the economy running smoothly, but history shows this doesn't usually go as hoped and instead results in massive inflation. It's still early days and we haven't seen the full fallout yet because people are still receiving their extra pandemic assistance. What happens when these run out?  In this episode we share our own forecast for what kind of financial reckoning will be coming once the federal support ends and give you some ideas on how to protect yourself and your assets during these uncertain times.    If you prefer to follow along on YouTube, go here: https://youtu.be/Q5Lo4r_9x-g Check out more about financial education and wellness offerings at www.keepyours.org

Campaigns that are “tough on crime” only make sense if we can all agree on what crimes should constitute punishment, and with our prisons full of young black men largely due to the legislation of morality, that’s clearly not the case. In this episode we talk about the how the racist drug war and corrupt criminal justice system work to keep people of color poor and imprisoned, and we offer up some steps we can all take to begin to change this.   To watch on YouTube, go here: https://youtu.be/HSZxaSBj_4E To learn more about how to keep more of what's yours, check us out at www.keepyours.org

The CARES Act Paycheck Protection Program has a lot of  confusing language. In this video we help you interpret it, as well as the new guidelines put out by the Treasury. We also outline four different strategies depending on your business for how you can best utilize the loan forgiveness the government is offering. To follow along on YouTube, go here: https://youtu.be/kCpexWMERFo To learn more about how to be financially savvy and keep more of what's yours, check out www.keepyours.org

What happens when the Feds stop handing out free money? The unemployment numbers are at 35+ million and counting, and yet the stock market is still going strong. What happens when all the unemployment benefits end and rent is due? There is going to be a massive financial reckoning for all of this money printing, society is going to change, and you need a strategy to deal with the fallout.

Nobody knows how this is all going to play out but we are just starting to see the layers of the onion of the fallout begin to unravel in society.  So many questions remain: how do you social distance on an airplane? Is going into an office going to be outdated? What is the fate of college? How is this going to affect the housing market? What happens when pandemic unemployment benefits end? We have no answers but raise a lot of questions to consider if you think any of this is going to go back to normal anytime soon.

This week we give you the update on what to expect regarding government benefits, as well as offer our perspective on what might come in the long-term and how you can financially brace yourself.   To follow along on YouTube, go here: https://youtu.be/RmL8ChE4Uzw   For more blogs and podcasts on financial literacy, check out www.keepyours.org 

In today’s episode, we go over some of the underlying causes of the problems countless people have encountered with the PPP, as well as highlight a few of the silver linings to these dark days. What do you think the long-term economic implications are f

CARES act money has been slow to move, whether you’re applying for PPP, EIDL, or unemployment benefits, everyone is waiting on money. In this episode, we explain the delays so you have a better understanding as to when you might get some of your money.   If you prefer to watch and follow along on YouTube, go here: https://youtu.be/kPa181Hu3Ao

If you are applying for the PPP (Payroll Protection Program) loan offered as part of the CARES Act relief package, this episode will walk you through the calculation and document requirements. Your bank may have slightly different forms, but the underlying requirements are fairly universal.

The CARES Act offers some much needed financial relief in light of the hardships COVID-19 has brought about for many. But which option is best? The Economic Income Disaster Relief Loan (EIDL) or Paycheck Protection Program (PPP)? Where does unemployment fit into all of this? When and how can you combine these options? We help you do some of this math and figure out which relief program might be best for you. UPDATE: As of 4/6, the SBA has changed the rules to only allow $1k/per employee upfront money (and therefore forgiveness on the EIDL loans). We will respond soon to update how this affects the decision making on which plan is best to use for you. If you prefer, watch on YouTube here: https://youtu.be/H0xS0_r6V8s

The new CARES Act the government released has lots of options for small businesses and the newly unemployed. Should you get an EIDL loan? Or should you get a PPE loan as an employer instead of laying off your employees? If you’re self-employed or in the gig economy, do you apply for unemployment, or an EIDL loan? In this first, crash course episode on the CARES Act we explain your options and what might be best for you.

Bills are now getting signed into law that are thankfully here to help us financially during these uncertain times. In this episode we break down how unemployment benefits work and how you can start to get yours quickly and painlessly.

Don't be fooled. Unfortunately, all signs point to this as just the beginning of not just a global pandemic, but a lengthy recession as well. What's your plan? Over the next few weeks (months?!) we will be addressing ways to mitigate the negative consequences of this, and navigate you and your family to financial safety.

Changes to how your FICO credit score are coming, and if you don't understand them you could be left with a decreased credit score. In this episode, we explain how your credit score is calculated, and some unconventional ways you probably haven't heard of to increase it, or keep it from dropping if it's already high.

In part two of our home-buying series, we break down for you what happens at appraisal, inspection, red flags to look out for, and little known secrets to saving money on your house buying cost.

The biggest purchase you’ll ever make is buying a home, so it makes sense that you do some research and homework before diving in. Here we share the critical first steps you should take, as well as some tricks so you get the home you want and don’t overspend at any point in the process.

Don’t give the government any more money than you have to! We know that choosing between a traditional or a Roth IRA can be confusing, with a number of variables. Here we talk you through it and show you how to calculate your tax rates so you can make the right decision for yourself. Follow along on YouTube here. For the worksheets used in this podcast, go here.

While student loan forgiveness sounds great in theory, there are a lot of issues with it. For one, how would it be determined whose loans would be forgiven? What if you've already struggled for years (or decades!) to pay down those loans while a new graduate gets theirs completely forgiven? This is just one big problem amongst other big problems we see with student loan forgiveness, as well as the fact that it does not address the larger problem of an overall broken system. We have an alternative solution you'll want to hear (hint: in our solution, big banks will stop benefitting from student loans). Listen for more! Check out www.keepyours.org for today’s show notes and more financial tips on how to thrive within capitalism.