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MOB #96 - Cars for Clunkers, Robbing 99 Year Olds & Feedback

June 29th, 2009 · podcasts

In this week’s episode of Millionaire or Bust, I covered the news and dug into some neglected feedback. First, I covered the news for the week:

  1. Oil was at $69.22/barrel when I checked on Monday, June 29, 2009 at 5:23 am EST.
  2. With 5 bank failures, the bank failure total reached 45 for the year.
  3. I found out that most car shoppers will not benefit from the cars for clunkers law.
  4. Plus, people have to beware of ‘Cash for Clunkers’ scams.
  5. The water company tried to rob a 99 year old by increasing her water bill by almost 4000%

Then I got into the feedback. First off, I had a voicemail from Shawno of Hyper Nonsense fame. Then I had an email from Carlos G. Salgado Schwarz, Esq, CPA. Finally, I had a comment on Show #95 from Shawno again.

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MOB #95 - Reducing Medical Fees

June 22nd, 2009 · podcasts

In this week’s episode of Millionaire or Bust, I talked about saving money by lowering your medical fees. But first I covered the news for the week:

  1. The coin toss was right again, the Dow was down this week 260 points. It’s been right 8 out of 10 times.
  2. Oil dropped to 69.15 as of Sunday Night.
  3. Gas was at $2.693. It was up 3 cents from a week ago according to AAA’s fuelgaugereport.
  4. Bank Watch: U.S. regulators closed 3 banks, bringing the total to 40 for the year.
  5. Jobless benefit rolls posted their first dip since January.
  6. ‘Cash for clunkers’ coming soon, allowing consumers to get as much as $4,500 to trade in old cars for more fuel efficient vehicles.

Then I closed with the main topic. I discussed how you can lower your doctors’ fees, hospital charges, etc. This is one area where you can save yourself a ton of money, especially if you’re uninsured or self insured. During this, I referenced an article from money.cnn.com.
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MOB #94 - Swapping Goods & Services

June 15th, 2009 · podcasts

In this week’s episode of Millionaire or Bust, I talked about saving money by doing swaps rather than buying everything. But first I covered the news for the week:

  1. The coin toss was right again, the Dow was up! It’s been right 7 out of 9 times.
  2. 10 banks were cleared to repay the US Treasury $68 Billion in TARP funds.
  3. Gas prices were up again.
  4. Chrysler and Fiat made it official.
  5. The financial crisis spurred a spike in ‘suburban survivalists.’

Then I got into the main topic, which was swapping. I chose this topic because in a down economy, the best way to have more money in the bank is to save more money. For a lot of people who have lost jobs or taken pay or benefit cuts, that is difficult. This can help them. And for those who want to take this opportunity to invest more cheaply, this gives them an opportunity to have more money to invest.

The article mentioned during the topic and some links inside that article are:
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MOB #93 - GM & Citi Are Out of the Dow

June 8th, 2009 · podcasts

In this week’s episode of Millionaire or Bust, we had a straight news show since I’ve spent the last two nights working on a video promo for Talli’s new video podcast Being Healthy TV until 6 am and I want to finish early enough that I remain coherent. (And for those of you wondering, I’m actually in the promo. I’m the extra with the short hair.) Now, let’s get straight into the news for the week:

  1. Dow finishes the week up 263 points, and the coin toss is at 75% now.
  2. Monumental news, but no surprise: GM and Citi were kicked out of the Dow.
  3. In bank news, regulators shut an Illinois bank.
  4. The US lost 345,000 jobs in May, which was a good sign.
  5. Oil falls slightly after touching a 7-month high.
  6. Gas prices rise above $2.60 after the 40th straight days of price rises.
  7. U.S. pending home sales surge 6.7%.

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MOB #92 - Check Scams

June 1st, 2009 · podcasts

In this week’s episode of Millionaire or Bust, the main topic was check scams. But, first I covered the news for the week:

  1. Oil prices are rising.
  2. Saudi Arabia warns of dramatic, future oil price rises.
  3. Gas prices are up to $2.488 as of Friday, according to AAA .
  4. Chrysler’s bankruptcy will hit a big milestone on Monday.
  5. One of Ford’s suppliers entered Chapter 11 bankruptcy.
  6. Stocks have their best three month run since 2007.
  7. And the coin toss was wrong. That now puts the accuracy at 71.4%.

With the news completed, I moved onto the main topic, which was check scams. This topic was inspired by someone I had to warn against one of these scams and a recent story from CNN. This was a very important topic to cover because 1.3 million Americans have been the victim of a check scam in some point in their life and the losses average in the thousands of dollars. So, learn how to protect yourself and tell others!
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