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ASK PRICE / BID PRICE Aug 21, 2019

Definition

The ask price is the price at which a dealer of a particular security is willing to sell the security to interested investors. A bid price is the price at which a dealer in a particular security is willing to purchase the security from investors.

Why It's Important

The New York Stock...

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EPISODE 5 - LISTENER REQUEST: WHAT ARE ROTH IRAS? investing podcast retirement saving money taxes Aug 15, 2019

Always wondered about Roth IRAs?  Join Tiffany as she breaks down what they are and how to best utilize them.

This is a listener request episode.  If you want to have your question featured, please submit on our website.

 

Transcription

Welcome to Money Talk with Tiff, a...

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ALTERNATIVE INVESTMENTS Aug 14, 2019

Definition

Alternative Investments are any investment that is not cash, equities, and bonds

Why It's Important

The list of alternative investments is very broad and includes real estate-backed securities, mortgage-backed securities, limited partnership interests, hedge funds (explained here),...

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EPISODE 4 - HOW I (ALMOST) CASH FLOWED BRACES podcast saving money Aug 08, 2019

This was a $5,000 unplanned expense that I almost panicked over!  Has this ever happened to you?  Did you have a big unplanned expense that came out of nowhere?  It could completely derail your progress on your financial goals.  Listen to how I made it work by using...

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BASIS POINT Aug 07, 2019

Definition

A basis point is equal to one hundredth of one percent

Why It's Important

You have probably heard the talking heads on your favorite financial shows or news site mentioning basis points. They may have said something like "interest rates have gone down 25 basis points". 25 basis points is...

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EPISODE 3 - BUDGETS! MY FAVORITE TOPIC. LEARN WHY! budgeting debt podcast Aug 01, 2019

Do you have a budget?  Lost on what a budget is or how to start one?  Look no further!  Tiffany talks about her favorite topic, budgets, and easy ways to put one together.  You will learn why she loves budgets so much and why you should come to the dark side!  Muahahaha

...

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EPISODE 2 - YOUR RELATIONSHIP WITH MONEY AND HOW TO CHANGE IT credit debt podcast psychology saving money Aug 01, 2019

In this episode, we discuss emotions and how they affect our money decisions.  Will you do things differently or the same?  How has your family affected your relationship with money?  These are some questions to explore as you listen to this episode.

 

Episode Transcription:

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EPISODE 1 - INTRO TO MONEY TALK WITH TIFF credit debt podcast Aug 01, 2019

Get motivated on your financial journey as you follow money nerd and financial coach, Tiffany Grant, on her journey to be debt-free by 30!

She makes complex financial topics surprisingly simple. You will get practical tips and tricks with an inside look at the strategies she uses on a daily basis....

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CASH FLOW Jul 31, 2019

Definition

Cash flow is how money flows in and out of your account and/or business

Why It's Important

Cash flow is crucial to financial freedom. If you aren't sure how money is coming in and going out, it is virtually impossible to get your financial footing. You will always blow in the wind...

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FEDERAL FUNDS RATE Jul 24, 2019

Definition

The federal funds rate is set by the Federal Reserve and guides the interest rates used by financial institutions. As of Today, it is 0.25%

Why It's Important

When you hear that the "Fed has decreased interest rates", this is the rate they are referring to. They are not talking...

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I'M GOING TO FINCON 2019 BABY! Jul 17, 2019

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I am so excited! I was blessed enough to get a full scholarship to FinCon this year. Not familiar with what FinCon is? You can read about it here: https://finconexpo.com. I have been wanting to go for years but either didn't have the money or couldn't take off. This year, I have no barriers...

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APR Jul 17, 2019

Definition

APR, also known as Annualized Percentage Rate, is the annual rate charged for borrowing or earned through investment.

Why It's Important

APR is typically used when you are borrowing money while APY (annual percentage yield) is used when talking about interest (getting money)...

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