35 Burst results for "Jill Slazenger"

Jobless claims dip to 1.48 million, but slow decline signals choppy economic recovery

Midday News

00:31 sec | 8 months ago

Jobless claims dip to 1.48 million, but slow decline signals choppy economic recovery

"And now for the twelfth a week in a row the number of people filing jobless claims dropped last week CBS news business analyst Jill Slazenger just under one and a half million Americans filed for new unemployment benefits last week that's a drop of sixty thousand from the prior week though above analysts expectations now the steady decline in claims suggested the job market is begin to heal from the pandemic at the height the unemployment rate shot up to fourteen point seven percent in April that was the highest level since the Great

Jill Slazenger CBS Business Analyst
"jill slazenger" Discussed on KIRO Radio 97.3 FM

KIRO Radio 97.3 FM

02:27 min | 9 months ago

"jill slazenger" Discussed on KIRO Radio 97.3 FM

"My money there Jill Slazenger can help you back to Jill on money your back it's Jill on money and if you've got a financial question we'd love to hear from you could be an investment question maybe it's an insurance question maybe it's in a state question I wrote a lot of recently about the state planning amid the pandemic got some really interesting emails from friends relatives one of whom made me laugh out loud like took a picture of the column sent it to me and said can you send me a free book I said it's going to cost you more than a picture of the column I know I already wrote but thanks anyway so no there's no free books right now ladies and gentleman there's no free lunch and there's no free books got it good all right if you've got a question though we'd love to hear from you that's free you can do it so easily descendant email ask Jill at Jill on money dot com okay now Kenny writes I love your podcast I discovered it a few weeks ago right Kenny I listen to you daily I'm grateful for what you do any rights you're awesome which is always a funny thing to say read about yourself but I I am very grateful when you send those notes because as mark knows a very thin skinned so I react when I get negative ones which mark never sends me but it is also how I've gotten off social media so that's good okay here is can these situations sixty six his wife the sixty five oh Happy Birthday to your wife I retired in February and was really forced to leave my work and my wife is also retired okay here's what they have in retirement savings I'm gonna round up the numbers I raised six hundred grand four hundred four oh one K. a hundred eighty grand they've got very able annuities Kenny's is about two hundred thirty five thousand and he's drawing sixteen thousand seven hundred fifty dollars annually so he had an annuity and variable annuity in a qualified account meaning it was a retirement account he is now annuitize the contract he's getting a check and he gets sixteen thousand seven hundred fifty Bucks for fourteen more years his wife also has an annuity twenty three thousand both of these are qualified so basically in money that hasn't been taxed yet a million Bucks their money in a brokerage account money into has a money market account and a checking account and that.

Jill Slazenger Kenny mark
"jill slazenger" Discussed on KIRO Radio 97.3 FM

KIRO Radio 97.3 FM

01:38 min | 9 months ago

"jill slazenger" Discussed on KIRO Radio 97.3 FM

"Your host Jill Slazenger well to Jill on money yes it's the last weekend in may all my god I don't know about you guys I can barely keep track the calendar day of the week it's all bleeding into the next but it is the end of may and maybe that's good news for you maybe not I can't tell you what I can tell you is this is a program that attempts to take the mystery out of your finances during this really difficult pandemic we are sending our good warm wishes to all of you and your families we hope you are enjoying good health and we hope that you're also being very careful I don't like these reports of people going a little nuts let's be conservative you all know that after listening to me for so long that I tend to be a conservative person by nature that's the same way I am about my health I'm not one of these people who when I'm not feeling well I just go to work I just don't go there's been a couple of times a thing for markets sent me home when I my my voice I where I felt okay but my voice sounded terrible so you know just use that kind of common sense you wouldn't want to be around somebody who's not feeling well and you don't wanna be around somebody who's not taking this seriously this is a serious matter and your money is also serious is not the everything your health is most important but your money is probably pretty close up there so we want to remind you we are broadcasting from the Capital One virtual studios Capital One what's in your wallet also a little bit of housekeeping.

Jill Slazenger
"jill slazenger" Discussed on WTOP

WTOP

05:17 min | 9 months ago

"jill slazenger" Discussed on WTOP

"Business analyst Jill Slazenger Jill I guess this is actually another week of declines since the pandemic started up flushes out forest does that mean that maybe we've hit the bottom it could mean that for sure and and not so much in the declining number of new claims but we also saw a very important metric in this report and that is the number of continuing claims that's just the number of people who are actually receiving unemployment benefits for the first time in ten weeks it actually went down so last the last report we are at twenty five million Americans who were receiving benefits this week it's down to twenty one million and economists believe that when you start to see that continuing claim number drop that's when you think you've probably bottomed out I should note of but unfortunately it's not all good news obviously these numbers are huge but there's also eight million Americans who have applied for aid under what's called the pandemic unemployment assistance program and that was for self employed and gig workers that number that eight million per understates it a lot so I got to tell you I think they were probably at fifty million Americans who have filed for some sort of unemployment benefits and to consider that we had a work force of about a hundred sixty five million what is staggering disaster this has been for the American worker sure has are we seeing any impact on the economy from businesses re opening yet is there perhaps a need for certain types of employees now that we didn't see as many before I'm well we are seeing some some little glimmers of hope I noticed that that security guards I think a lot of people are worried about you know what's happening in or around the country and that there's been someone Reso security guards are being hired senior care workers a lot of people just really freaked out don't want to be around the older at risk population we see a big tick up in online banking and mortgage servicers landscaping workers and you know in in your area down in the DC district defense contractors who are really hiring with great gusto have said that they are finding their a lot of really wonderful employees that maybe previously wouldn't be as interested in defense contracting they are picking up very good employees now that said they're just three new hires for every ten layoffs we've got a long way to go all right Jill great to have you as always thanks so much take care CBS business analyst Jill Slazenger adults in households with kids have been hit particularly hard by the pandemic suffering permanent loss of employment and worrying about being able to pay rents and mortgages the census bureau now says that in households with a child under eighteen fifty five percent have at least one adult lost employment income since the start of the pandemic in those adults were more likely to report sometimes not even having enough to eat these adults say they're less confident in their ability to pay rent or mortgages in June than adults who do not have children living with them still waiting that's what most Maryland businesses are doing for approval or payment relief through a one hundred twenty five million dollar state program the Baltimore sun reports Maryland officials say they've made progress in processing and paying out grants and loans to small businesses but the money continues to trickle down slowly so far sixteen hundred businesses have been issued grant checks totaling seventeen million dollars let's get a check on Wall Street numbers and see how things are going right now just play ball leave that was up one hundred two points the S. and P. five hundred index is up fifteen that's a half percent money news in ten minutes on double the GOP sports at fifteen and forty five brought to you by your local Honda dealer don't settle for less than a Honda to Dave Preston and sport baseball's players won more games with no more pay cuts the union is expected to counter the owner's proposal of eighty two games with slice salaries later this week the players looking for full pro rated salaries plus over one hundred games on the slate nationals pitcher Max Scherzer is on the players association's executive board of re tweeted his thoughts on the matter at WTOP and D. A. V. press still auto racing fans if you're upset you miss NASCAR's midweek race last night don't worry the all school uniforms five hundred was rained out and will be held this evening in Charlotte NFL while the progress of quarterback Dwayne Haskins will be a huge factor in determining new Redskins offensive coordinator Scott Turner's success fitting running back Adrian Peterson into the team's offense will be important as well I spent you know three years with them in Minnesota you know in two thousand fifteen led the league in rushing and I wasn't going to play is a quarterback coach but you know we whatever that I mean that's the offense as old as the office of that we're gonna run to extend it it always changes with your personnel with Adrian his skill set when he's rolling I mean you know he's gonna there's a role for for that type of for that type of back the scans finished twenty second in the league running the football last fall today in sports may twenty eighth nineteen forty one the Washington Senators played the first night game at Griffith stadium losing to the New York Yankees six five while Washington remained first in war and first in peace the senators for securely last in the.

Business analyst Jill Slazenger
Jobless claims total 2.4 million, still elevated levels but a declining pace from previous weeks

The Gee and Ursula Show

00:33 sec | 9 months ago

Jobless claims total 2.4 million, still elevated levels but a declining pace from previous weeks

"Nearly two and a half a million Americans are now out of work that's according to the latest unemployment report the labor departments I should say two and a half million new claims the Congressional Budget Office now project the unemployment rates will be at nine percent so by the end of twenty twenty one that is just one percentage point below where it was at the worst of the Great Recession CBS's business analyst Jill Slazenger the labor department says Washington added more than a hundred and forty five thousand jobless claims a thirty percent increase from the

Congressional Budget Office CBS Jill Slazenger Labor Department Washington Business Analyst
Another 2.4 million Americans file for jobless aid

Newsradio 950 WWJ 24 Hour News

00:41 sec | 9 months ago

Another 2.4 million Americans file for jobless aid

"Six the labor department has released its weekly jobless claims report and it's clear the corona virus continues to take its toll on the economy and American workers CBS news business analyst Jill Slazenger tells us two point four million people filed for unemployment benefits last week bringing the total number of people to nearly forty million she also tells us a Congressional Budget Office report projects the recovery will take longer as of the end of twenty twenty one the U. S. economy will be one point six percent smaller than it was in December of twenty nineteen CBO also believes the unemployment rate will remain above fifteen percent through September it is also likely to be above nine percent by the end of twenty

Labor Department Business Analyst Jill Slazenger CBO CBS
Could COVID-19 vaccine be ready by year's end? Moderna is hopeful

Michael Wallace and Steve Scott

01:10 min | 10 months ago

Could COVID-19 vaccine be ready by year's end? Moderna is hopeful

"Stocks are surging after moderna therapeutics reported some early success with its corona virus vaccine your CBS news business analyst Jill Slazenger U. S. stocks jumped by about three percent across the board as reports emerge about positive data on an early stage coronavirus vaccine trial the news was a welcome relief for investors who were licking their wounds last week the nasdaq and the S. and P. five hundred fell one to two percent the Dow finished down two point six percent its third negative week in four and its worst week since April third today so far the Dow is up nine hundred twenty eight points nasdaq's gain two hundred twenty seven and the S. and P. is up ninety six modernize as eight people produced antibodies after getting its test vaccine but CBS news medical contributor Dr David agus warns there are still a lot of questions about the vaccine that may be different by agent if you're thirty years old you probably will need one or two that scene you may need a lot more if you're elderly or very young because those immune systems aren't as mature don't respond as well to vaccines attorney says its phase trials will start soon face three with thousands of subjects could start in

Moderna Therapeutics Business Analyst Attorney CBS Jill Slazenger U. Dr David Agus
Nearly 3 million U.S. workers filed unemployment claims last week

KNX Afternoon News with Mike Simpson and Chris Sedens

00:24 sec | 10 months ago

Nearly 3 million U.S. workers filed unemployment claims last week

"Member the labor department's weekly jobless claims report hit just under three million a half million more than expected CBS is Jill Slazenger this takes us up around thirty six million people for eight consecutive weeks the number of people who are actually already receiving unemployment that's over twenty two million some of the new claims our backlog as unemployment offices have been

CBS Jill Slazenger
Nearly 3 million Americans filed for unemployment last week

KYW 24 Hour News

00:30 sec | 10 months ago

Nearly 3 million Americans filed for unemployment last week

"Another dismal jobless claims report the labor department says nearly three million more Americans filed first time unemployment claims last week CBS news business analyst Jill Slazenger national bureau of economic research predicting that forty two percent of the layoffs now could be permanent and that's what's worrying economists across the country roughly thirty six million people have now filed for unemployment help in the two months since the coronavirus forced to businesses to

Labor Department CBS Business Analyst Jill Slazenger Bureau Of Economic Research
The future of travel after the coronavirus pandemic

WTOP 24 Hour News

02:10 min | 10 months ago

The future of travel after the coronavirus pandemic

"As more states open for business treasury secretary Steve Mnuchin is predicting the American economy will rebound in the second half of this year from unemployment rates that rival the Great Depression I asked CBS business analyst Jill Slazenger about that and her predictions for the economic outlook for the second half of the year I think that they have to likely get better and you know we just had such a severe and sudden downturn that really shut the entire economy down is starting in March but the think about it you know March April may June let's say those four months will we likely see things improve after that sure I don't think that that's in dispute I think there are two real critical questions one is if they do improve by how much and if they do improve how many more people are going to come off the unemployment rolls and be re employed and that is completely unknowable right now so the future sort of depends on how many of these furloughed and lay off employees how many of those jobs are actually permanent right and and you know if you think about it of course we understand that the sharp tip of this is the airline industry travel and hospitality and of course retail but I think that there are well what economists will call at second order effects knock on effects that their industries that serve those industries and certainly if you were say writing big insurance policies for restaurants you're not going to actually see that business continue and certainly if you are a mall operator on and you have a period of time where this many companies just kind of not just disappear but stopped paying rent and then ultimately there's a bit of a culling of the ranks then that's going to impact it impacted your business so we have millions of people out of work some of whom will be temporarily out of work but many of whom could see these turn into permanent layoffs that CBS business analyst Jill Slazenger

Steve Mnuchin Jill Slazenger CBS Business Analyst
3.1 million unemployment claims filed last week, for a total of 33 million

Michael Wallace and Steve Scott

00:42 sec | 10 months ago

3.1 million unemployment claims filed last week, for a total of 33 million

"Another three point one million Americans filed first time unemployment claims last week that makes thirty three million in the last seven weeks CBS news business analyst Jill Slazenger calls the losses staggering the numbers and the pace has certainly been kind of slowing down but when you think about three million Americans were filing for unemployment that is just a sad and staggering number I guess the best that can be said is it's a little less worse than it was back at the end of March beginning of April the labor department's April jobs report tomorrow is expected to show a loss of twenty two million jobs and a record unemployment rate of sixteen percent those records go back to nineteen

Jill Slazenger Labor Department CBS Business Analyst
Unemployment from the pandemic has more consequences for minorities, experts say

KCBS Radio Morning News

00:26 sec | 10 months ago

Unemployment from the pandemic has more consequences for minorities, experts say

"The government says three point two million people filed for unemployment benefits last week it means more than thirty three million have since the crisis began business analyst Jill Slazenger says appeal report indicates higher numbers of blacks and Latinos are affected it's finds that the Hispanic and black Americans have much lower emergency reserve funds and so that's going to see them be hurt financially longer and more

Jill Slazenger Business Analyst
Over 3.8 Million Americans Filed for Jobless Benefits Last Week as States Struggle With Coronavirus Claims Surge

Newsradio 950 WWJ 24 Hour News

00:28 sec | 10 months ago

Over 3.8 Million Americans Filed for Jobless Benefits Last Week as States Struggle With Coronavirus Claims Surge

"The weekly unemployment numbers will be released this morning at eight thirty you'll hear them live right here on W. W. J. last week's report showed three point eight million Americans filed for unemployment insurance CBS news business analyst Jill Slazenger says we can expect another big number today another three million Americans likely claimed unemployment benefits in the week ending may first this would be the seventh straight week of claims in the

W. J. Jill Slazenger CBS Business Analyst
Nearly 4 million Americans filed for unemployment last week

KRLD News, Weather and Traffic

01:00 min | 10 months ago

Nearly 4 million Americans filed for unemployment last week

"Roughly three point eight million Americans filed for unemployment last week CBS business analyst Jill Slazenger tells CBS this morning that means roughly thirty million Americans have filed jobless claims and it's likely to get worse an additional three point eight million Americans filed for unemployment claims that brings our six week total to over thirty million Americans it's unbelievable again this erases all job creation since the entire recovery sent back to the financial crisis and I think this is something that we've got to keep watching although the numbers are tapering down a bit this is just an enormous amount of people we understand from a recent poll that there's probably fifty percent of Americans who say they've either lost work for hours in this crisis this chimes with an international label labor organization reviewed Tony that found that fifty percent of the global workers are going to find themselves impacted so the numbers are still way too

Jill Slazenger CBS Tony Business Analyst
Dow Up….slightly

Midday News

00:42 sec | 10 months ago

Dow Up….slightly

"B. S. and the Dow is ahead right now five hundred five points this morning even on the news that the economy shrank at a four point eight percent pace in the first quarter the report out reflecting the early impact of the coronavirus shut down so the worst is to come CBS news business analyst Jill Slazenger S. was the steepest quarterly drop in the U. S. economy since the Great Recession it reflects the lockdown economy as consumers and businesses pull back on their spending the drop signal the end of the longest economic expansion on record we had some good news on the treatment front and a new government study on the drug and that is driving the markets higher as we said the Dow five hundred five points up

Jill Slazenger S. CBS Business Analyst
"jill slazenger" Discussed on Newsradio 830 WCCO

Newsradio 830 WCCO

03:59 min | 11 months ago

"jill slazenger" Discussed on Newsradio 830 WCCO

"Host Jill Slazenger welcome welcome it is the middle of April and it is unlike any time any of us has ever experienced I think I can say that for all of us it's just been incredible it has been I guess about I don't know what we say six weeks mark about six weeks seven weeks feels like forever feels like six years how long is this really this virus pandemic social distancing really been going on I guess I guess six weeks seems about right beginning of March issue and we're here to take the mystery out of your financial life because that's the only thing we can do and I'm all into controlling what I can control we are broadcasting from the Capital One virtual studios Capital One what's in your wallet and you know work we continue to field a ton of your questions and we are here to help you out in order to access us all you need to do is send an email asking Jill at Jill on money dot com ask Jill at Jill on money dot com and you know it's so cool I keep thinking to myself that this time which is so filled with uncertainty and anxiety it's also a great time to really figure out what's going on in your own financial if I keep saying this when I go on television that this is a time to really go back to the basics this is the time where you can start to say well you know what I am paying some financial adviser so called advisor for help what am I getting for that help how it might managing this process what is it that is that I'm missing maybe that's something that's important to you whatever is going on what I want you to understand is that when you are in times of crisis that is really where you see whether or not the system that you've created is one that will see you through I mean it's really easy to have a system that works when stock markets are rising bond markets are pretty strong the employment landscape is great but what about you know when your extreme points in your life that's when you find out what whether or not your system works and that to me is very important okay so let's start off with that understand whether or not the system is working or not all right we have a very long email and I'm going to actually read the whole thing because it's worthwhile this is a good question Tyler Wright said he loves the show and I'm reading this is verbatim I could post it but I don't want his email to go live he says the straightforward advice is amazing and what a lot of people need right now I hear a lot about retirement and what to do because of the market volatility but I haven't heard much on what to do to get into the markets I know you have missed those segments since I usually listen to your podcast at work hope he listens at work oh my gosh as you'll see below my wife and I are in a position to start investing now but we're we are making huge sums of money like other people like hearing your podcast we've had a lot of change in the last six to twelve months we're a bit lost on what to do next okay well let's let's walk you through it my wife is twenty six I'm twenty seven we recently came into some money through an inheritance and we need to get some of it invests that we're sitting on twenty five thousand dollars which we have reserved as our emergency fund that would be six to eight months of expense great perfect okay is another forty.

Jill Slazenger
"jill slazenger" Discussed on Newsradio 830 WCCO

Newsradio 830 WCCO

03:58 min | 11 months ago

"jill slazenger" Discussed on Newsradio 830 WCCO

"Jill Slazenger welcome welcome it is the middle of April and it is unlike any time any of us has ever experienced I think I can say that for all of us it's just been incredible it has been I guess about I don't know what we say six weeks mark about six weeks seven weeks feels like forever feels like six years how long is this really this virus pandemic social distancing really been going on I guess I guess six weeks seems about right beginning of March ishe and we're here to take the mystery out of your financial life because that's the only thing we can do and I'm all into controlling what I can control we are broadcasting from the Capital One virtual studios Capital One what's in your wallet and you know work we continue to field a ton of your questions and we are here to help you out in order to access us all you need to do is send an email asking Jill and Jill on money dot com ask Jill at Jill on money dot com and you know it's so cool I keep thinking to myself that this time which is so filled with uncertainty and anxiety it's also a great time to really figure out what's going on in your own financial if I keep saying this when I go on television that this is a time to really go back to the basics this is the time where you can start to say well you know what I am paying some financial adviser so called advisor for help what am I getting for that help how it might managing this process what is it that is that I'm missing maybe that's something that's important to you whatever is going on what I want you to understand is that when you are in times of crisis that is really where you see whether or not the system that you've created is one that will see you through I mean it's really easy to have a system that works when stock markets are rising bond markets are pretty strong the employment landscape is great but what about you know when your extreme points in your life that's when you find out what whether or not your system works and that to me is very important okay so let's start off with that understand whether or not the system is working or not all right we have a very long email and I'm going to actually read the whole thing because it's worthwhile this is a good question Tyler Wright said he loves the show and I'm reading this is verbatim I could post it but I don't want his email to go live he says the straightforward advice is amazing and what a lot of people need right now I hear a lot about retirement and what to do because of the market volatility but I haven't heard much on what to do to get into the markets I need miss those segments since I usually listen to your podcast at work hope he listens at work oh my gosh as you'll see below my wife and I are in a position to start investing now but we're we are making huge sums of money like other people like hearing your podcast we've had a lot of change in the last six to twelve months we're a bit lost on what to do next okay well let's let's walk you through it my wife is twenty six I'm twenty seven we recently came into some money through an inheritance and we need to get some of it invests that we're sitting on twenty five thousand dollars which we have reserved as our emergency fund that would be six to eight months of expense great perfect okay is another forty.

Jill Slazenger
"jill slazenger" Discussed on Newsradio 830 WCCO

Newsradio 830 WCCO

01:40 min | 11 months ago

"jill slazenger" Discussed on Newsradio 830 WCCO

"Show that takes the mystery out of your finances here's your host Jill Slazenger welcome welcome it is the first weekend of April this is the Jill on money or radio show and my god the last month if it has not felt like a year to you guys and I'm now just a ton of really rough news and first let me start by saying I hope that you and yours are safe safe and healthy as we learn more and more about this pandemic it is abundantly clear that we are all going to start finding ourselves knowing knowing someone who knows somebody but just probably directly knowing somebody who is impacted by the spread of this virus and for you all I am just the the economic part aside the actual health issues are tantamount to what should be most important to all of us and so I am sending you lots of warm wishes and good health and please try to practice this social distance saying don't go out too much be careful yeah just be smart and know that you're doing it for you for your family for your neighbors and for everybody else so since last weekend we did have this massive two point two trillion dollar at lifeline.

Jill Slazenger
"jill slazenger" Discussed on Newsradio 830 WCCO

Newsradio 830 WCCO

01:41 min | 11 months ago

"jill slazenger" Discussed on Newsradio 830 WCCO

"Show that takes the mystery out of your finances here's your host Jill Slazenger welcome welcome it is the first weekend of April this is the Jill on money or radio show and my god the last month if it has not felt like a year to you guys and I'm now just a ton of really rough news and first let me start by saying I hope that you and yours are safe safe and healthy as we learn more and more about this pandemic it is abundantly clear that we are all going to start finding ourselves knowing knowing someone who knows somebody but just probably directly knowing somebody who is impacted by the spread of this virus and for you all I am I just need the economic part aside the actual health issues are tantamount to what should be most important to all of us and so I am sending you lots of warm wishes and good health and please try to practice this social distance saying don't go out too much be careful yeah just be smart and know that you're doing it for you for your family for your neighbors and for everybody else so since last weekend we did have this massive two point two trillion dollar at lifeline.

Jill Slazenger
Jobless claims surge to record 3.3 million

KYW 24 Hour News

00:48 sec | 11 months ago

Jobless claims surge to record 3.3 million

"Jobless claims hit a new record high last week more than three million people nearly three point three million filing for unemployment for first claims a first time claims we get the latest from CBS CBS news special report the numbers were as bad as expected business analyst Jill Slazenger weekly jobless claims surged by three point two eight million that is the highest number on record both PJ Johnson and his wife have been laid off from their jobs in Milwaukee wi unlike other people are like a little more prepared but I feel bad for a lot of my friends who don't do that and like can't do that and really do after the paycheck to paycheck they and others should get help quickly after the Senate passed a corona virus relief package that includes increased unemployment benefits the house votes

CBS Pj Johnson Milwaukee Wi Senate Business Analyst Jill Slazenger
Fed details effort to stabilize economy amid coronavirus crisis

Michael Wallace and Steve Scott

00:20 sec | 1 year ago

Fed details effort to stabilize economy amid coronavirus crisis

"The federal reserve is moving to stabilize bond market CBS news business analyst Jill Slazenger the central bank said it would continue buying bonds in quote the amount needed to support smooth market functioning this means that the fed will buy as much as it needs to buy to keep the nation's financial plumbing unclog

Jill Slazenger CBS Business Analyst
"jill slazenger" Discussed on KIRO Radio 97.3 FM

KIRO Radio 97.3 FM

05:59 min | 1 year ago

"jill slazenger" Discussed on KIRO Radio 97.3 FM

"Geelong money where Jill Slazenger takes the mystery out of your finances eleven market makes a mistake because it's so rare that he does so I just want to have a moment here to enjoy it I usually make all the mistakes in this do well feels good mark great okay thanks your back it's Jill on money and if you've got a financial question we'd love to hear from you so I had a mark when you send that email he's the one who kind of monitors the in box and make sure that we get to everything say hi Hey marcado mark when he actually gonna get married as that question so I can stop asking it everyone when you send your next email sent at ask Jill Jill on money dot com start with dear Jill and mark Hey mark when he finally getting married let's start with that all right like don't blame it on that mark okay all right but well let's get a date on the box I'm gonna be your flower girl okay I'm just trying to follow up question to our episode about facet wealth if you guys did not hear that episode you can go back to Jill on money dot com and just you can go through the archive there but essentially facet wealth is one of these new companies it's sort of a hybrid all right and so we had this guy brand twice on the show and he talked about and you know like what this company does which is instead of charging a percentage of assets that they manage the charge a fixed fee and it's like forty Bucks a month somewhere between five hundred dollars and five thousand dollars a year and so that it's kind of interesting it's a it's a really interesting model and tissues basically asks the question like Hey do you think this makes sense for us and says that they she has you know wants to know that I want to know about allocation and and sort of a big picture though is it worth it should that should do the monthly fee or could be resolved in a few hours so your alternative to fasted wealth would be to find somebody to just do an overall financial plan for you and have that person do it by the hour and the CM much it will cost and you can compare it I would suggest that you talk to some maybe a nap fall adviser and national association of personal financial advisors napa dot org that could be a good place to start I'm might make a lot of sense so check it out we can compare what the prices are all right Linda writes that she is currently maxing out her four oh one K. that she started in September of last year I hadn't and I'm confused about how to handle seven thousand dollar irate deposits my vanguard advisor group tell me to make bi monthly deposits in my existing rollover IRA their after tax because they don't qualify for any deduction the adviser said hello brother I just is a long story here okay I see the problem so anyway she was trying to do a I'm a back door Roth so you put money a backdoor Roth is you put money into a non deductible retirement account and then you quickly converted into a Roth IRA and then you have no problem with the income limits but the problem is that I'm the existing rollover IRA if someone told you to do that that probably was pre tax money and knives screw the whole thing up so what I think you need to do is number one remember that you cannot do a raw like a back door Roth if you've got this other money in an IRA rollover kind of messes up the whole thing and so you've got to be very careful if again this big the existing rollover IRA is the problem okay that messes up the calculation what you could do is take your existing rollover IRA and then you could roll that into your current four oh one K. put all that money together then you can make a nondeductible IRA contribution into a brand new account and then convert that into a Roth that's what I would do now the problem for you is that it seems like you've gotten a lot of questions and concerns I'm I think that what you really need to do is that that you need to make sure the money is separated you need to undo these transactions and the first thing that I would do is take the old roll over and put it in your current four oh one K. then the problem is going to cease to exist if you need help with this you might I mean you say of the CPA you need to be very clear maybe so maybe the other the financial advisor maybe didn't realize there's this other account but if you've got an existing IRA account or rollover IRA and it hasn't been taxed and you want to do a back door Roth it makes it very difficult to do the backdoor Roth because there's this weird calculation that messes up the whole benefit of doing a backdoor Roth for you got to do the whole thing and I bet you don't have enough money to pay the whole tax due on that anyway I am so sorry because it sounds like a little bit.

Jill Slazenger Geelong
"jill slazenger" Discussed on Newsradio 830 WCCO

Newsradio 830 WCCO

07:06 min | 1 year ago

"jill slazenger" Discussed on Newsradio 830 WCCO

"Back to Geelong money where Jill Slazenger takes the mystery out of your finances eleven market makes a mistake because it's so rare that he does so I just want to have a moment here to enjoy it I usually make all the mistakes in this do well I feel good mark great okay thanks your back it's Jill on money and if you've got a financial question we'd love to hear from you so I had a mark when you send that email he's the one who kind of monitors the in box and make sure that we get to everything say hi Hey marcado mark when he actually gonna get married ask that question so I can stop asking it everyone when you send your next email sent at ask Jill Jill on money dot com start with dear Jill and mark Hey mark when he finally getting married let's start with that all right like don't blame it on that mark okay all right but well let's get a date on the box I'm gonna be your flower girl okay I'm just trying to follow up question to our episode about facet wealth if you guys did not hear that episode you can go back to Jill on money dot com and just you can go through the archives there but essentially facet wealth is one of these new companies it's sort of a hybrid all right and so we had this guy Brent Weiss on the show and he talked about and you know like what this company does which is instead of charging a percentage of assets that they manage the charge a fixed fee and it's like forty Bucks a month somewhere between five hundred dollars and five thousand dollars a year and so that it's kind of interesting it's a it's a really interesting model and tissues basically asks the question like Hey do you think this makes sense for us and says that they she has you know wants to know that I'm I want to know that allocation and and sort of a big picture though is it worth it should that should do the monthly fee or could it be resolved in a few hours so your alternative to fasted wealth would be to find somebody to just do an overall financial plan for you and have that person do it by the hour and the CM much it will cost and you can compare it I would suggest that you talk to some maybe a nap fall adviser and national association of personal financial advisors napa dot org that could be a good place to start I'm might make a lot of sense so check it out we can compare what the prices are all right Linda writes that she is currently maxing out her four oh one K. that she started in September of last year I am and I'm confused about how to handle seven thousand dollar irate deposits my vanguard advisor group tell me to make bi monthly deposits in my existing rollover IRA their after tax because they don't qualify for any deduction the adviser said hello brother I'm just is a long story here okay I see the problem so anyway she was trying to do a I'm a back door Roth so you put money a backdoor Roth is you put money into a non deductible retirement account and then you quickly converted into a Roth IRA and then you have no problem with that the income limits but the problem is that I'm the existing rollover IRA if someone told you to do that that probably was pre tax money and now I've screwed the whole thing up so what I think you need to do is number one remember that you cannot do a raw like a back door Roth if you've got this other money in an IRA rollover kind of messes up the whole thing and so you've got to be very careful if again this big the existing rollover IRA is the problem okay that messes up the calculation what you could do is take your existing rollover IRA and then you could roll that into your current four oh one K. put all that money together then you can make a nondeductible IRA contribution into a brand new account and then convert that into a Roth that's what I would do now the problem for you is that it seems like you've gotten a lot of questions and concerns I'm I think that what you really need to do is that that you need to make sure the money is separated you need to undo these transactions and the first thing that I would do is take the old roll over and put into your current four oh one K. then the problem is going to cease to exist if you need help with this you might I mean you say of the CPA you need to be very clear maybe so maybe the other I'm the financial advisor maybe didn't realize there's this other account but if you've got an existing IRA account or rollover IRA and it hasn't been taxed and you want to do a back door Roth it makes it very difficult to do the backdoor Roth because there's this weird calculation that messes up the whole benefit of doing a back door Roth for you got to do the whole thing and I bet you don't have enough money to pay the whole tax due on that anyway I am so sorry because it sounds like a little bit of a nightmare hi sh mark things are very confusing all right by the way question about investing in real estate via fine rise I'd maybe one minute she wants to do five percent of assets into it I don't know anything about fun rides I just listen to them also another podcast so I know that but and is long as anything is less than five percent of your total that's great you might want to dig into it a little bit more you're listening to jail on money if you've got a financial question send us an email our email address ask Jill at Jill on money dot com we'll be right back okay you know how it feels when you've saved enough for that long awaited home addition now imagine in addition on that additional that's the feeling.

Jill Slazenger Geelong
Wall Street has a grisly morning after rate cut fails to calm markets

Midday News

00:32 sec | 1 year ago

Wall Street has a grisly morning after rate cut fails to calm markets

"King wall street circuit breakers and popped it again after a dramatic drop in the first moments of trading CBS news business analyst Jill Slazenger U. S. stock indexes tumbled by more than seven percent triggering a fifteen minute delay in trading the action follows a global selloff were European markets were down by more than nine percent Asian indexes down by two to four percent trading his resume but the Dow is down about twenty two hundred points almost ten percent of its value the nasdaq is down over seven hundred thirty

CBS Business Analyst Jill Slazenger U.
"jill slazenger" Discussed on KMOX News Radio 1120

KMOX News Radio 1120

03:49 min | 1 year ago

"jill slazenger" Discussed on KMOX News Radio 1120

"Business analyst Jill Slazenger and yesterday we saw something most of us haven't seen before where they halted the markets when it opened and then this morning something we haven't seen I don't know if we've ever seen it I don't remember but a halt to premarket trading so what's happening jail well you know the trading occurs on it sort of a continuous basis but there are these things called circuit breakers that going to affect so in the overnight markets those circuit breakers get triggered when there's a more than five percent move up or down from the previous trading session and in the regular session the circuit breakers start at a seven percent move that's why yesterday morning when the market opens we saw stocks dropped by more than seven percent there was a fifteen minute consider it like a time out like okay everyone calm down fifteen minutes we resume trading at nine forty nine and it actually seemed to work meaning that at that time the market started to kind of clawed back those earlier losses of course they closed on the lower levels of the day now the circuit breakers come in three different levels down seven percent there's a fifteen minute break down thirteen percent in a single session another fifteen minute break and if there is a twenty percent decline in any given day then mark the trading day is suspended from that point on so thankfully we didn't test at twenty percent or the thirteen percent levels until we just are for instance in the southwest is projecting that it'll take a three hundred million dollar hit to their revenue just this quarter because a corona virus meantime here in Saint Louis we've got Centene telling some folks to stay home the entire day or agriculture headquarters campus is shut down indefinitely coca Cola in Atlanta telling people to work remotely what is the impact of all of this going to be these companies going to be able to continue with business as usual or is there gonna be some sort of really big negative impact of this well I think we can tell already that there is no such thing as business as usual right now and there is no doubt going to be at least a temporary economic hit and what it ends up being we don't know but when I talked to a conference over the last week or so they are saying that growth in the United States is likely to go from say a little bit more than two percent this year to about one and a half percent this year because of the spread of this virus now that's assuming that we have what they all are looking at sort of like a middle case scenario like one would be things are way better three is we are way worse too is like right down the middle so what would be way worse is that if economic activity is slowing down for a longer period of time not so much that it gets that we get more reported cases we know that it's testing increases will get more reported cases what we don't know is just how long this is going to last and I think at this point pretty much everyone's hoping that we had that this becomes sort of a March April houses may kind of impact all right yeah we have to run but how are things looking right at the moment before I write right the moment futures are pointed higher we're looking about like maybe a three percent change two and a half percent but you know things change pretty quickly so I wouldn't hang your hat on that all right thanks for the time Jill Slazenger CBS news business analyst on the TT technologies TDK technologies all right it's Jamie progresses employee of the month to month in a row leave a message at the hi Jamie hit me Jamie I just had a new idea for our song what the name your price tool so when it's like tell us what you want to pay trombone was Bob wine you say well be fine coverage options to fit your budget then we just all the fingers now small choir goes even coming after they've come at jet yes no maybe anyway so your practice tonight I got a new lyrics of the rhetoric progressive casualty insurance company affiliates pricing.

Jill Slazenger Business analyst
Dow Drops 1800 Points at Open

Newsradio 950 WWJ 24 Hour News

00:47 sec | 1 year ago

Dow Drops 1800 Points at Open

"Protective measures kick in about five minutes into the trading day after the Dow cratered more than eighteen hundred points at the open over fears of the corona virus the S. and P. fell seven percent after a fifteen minute pause trading's resumed the Dow now down fifteen hundred eighteen points the S. and P. off one seventy two of course this is all about the corona virus and the fear of the economic impact CBS news business analyst Jill Slazenger after the nineteen eighty seven crash there was the thought that if we had a moment to take a time out a fifteen minute break that that would kind of soon the nerves of investors so these it circuit breakers are trading halts occur at specific levels overnight oil prices suffered their worst losses since the nineteen ninety one Gulf War

Jill Slazenger CBS Business Analyst
"jill slazenger" Discussed on NewsRadio 1020 KDKA

NewsRadio 1020 KDKA

02:05 min | 1 year ago

"jill slazenger" Discussed on NewsRadio 1020 KDKA

"Analyst Jill Slazenger as soon as the corona virus hit in China we knew the demand for oil and drop China consumes a ton of oil globally but now this crisis has moved in a very different direction and that is that the OPEC nations were on able to come to an agreement to curtail production to maintain the price and now Saudi Arabia plans to boost oil output next month and launched a price war Saturday by slashing the price for its crude Asian stock markets plunged after oil prices nosedive Tokyo's benchmark tumbled six point two percent Sydney fell six point one sold down four point four percent Hong Kong lost three point nine shares also sank in Middle East trading on Sunday in pre market trading the Dow has been down twelve hundred fifty five points before the open the nasdaq is down four hundred ten and the S. and P. is down one hundred forty five points Special Olympics cancel the indoor winter sports games in your county over the weekend in a statement Special Olympics as it serves a population where many are at heightened risk and while some organizations are canceling events the St Patrick's day parade is still scheduled in downtown Pittsburgh on Saturday people who are older and may have underlying health conditions again being advised to avoid big crowds but as for everyone else here's what Allegheny county exec rich fitzgerald told KDKA TV I think we want to use common sense and follow the official directives that are out there and not some of these unfounded rumors that that often gets spread in sports Carolina blew out depends on Sunday Pittsburgh has lost eight of the last ten games general have more at seven seventeen it's seven oh three time to make your home's gutters maintenance free contact gutter helmet today for twenty percent off never clean your gutters against triple a traffic and accu weather next Hey Greg I'm so sorry to hear about your brother's heart attack thanks he's okay now but it really got me thinking about my family you know could my wife still pay our mortgage if I had a heart problem okay my kids to go to college that is really scary yeah you should come my life insurance agent health IQ when I got life insurance for my family last year these save me forty one percent versus.

Olympics official Allegheny county Middle East OPEC Analyst Carolina rich fitzgerald Pittsburgh Jill Slazenger Hong Kong Sydney Tokyo Saudi Arabia China
Investor fears rise over recession, bear market as coronavirus spreads in U.S.

WTOP 24 Hour News

00:26 sec | 1 year ago

Investor fears rise over recession, bear market as coronavirus spreads in U.S.

"Markets have been on a roller coaster for weeks as investors try to guess what the economic damage from the coronavirus will be CBS news business analyst Jill Slazenger we don't know how pervasive it will be and as a result the odds of a recession in the United States are now higher than they were just six weeks ago so you put that all together and what you kind of figure out is that that uncertainty is breeding all of the selling pressure in the

Jill Slazenger United States CBS Business Analyst
Virus fear persists in financial markets as volatile trends continue

WBBM Afternoon News Update

03:06 min | 1 year ago

Virus fear persists in financial markets as volatile trends continue

"The financial markets have been on a roller coaster in the wake of that virus CBS news business analyst Jill Slazenger joined us to discuss it I think it is a huge contributor to the volatility and the recent selloff and the reason is quite clear investors believe that the spread of the corona virus in the United States is likely to negatively impact economic growth here and the real issue that's causing so much of the volatility the ups and the downs is that we can't quantify what the impact is just yet so we know that travel and leisure is taking a hit we know that energy companies have taken a hit but we don't really understand yet whether or not consumers will start pulling back on their spending and that's the great fear of among economists how long do you think this is going to go on it seems like every hour we have more cases coming up I mean both in the US and in different countries well I think that until we get a better sense of the the spread and the ability to test and contain the spread you will likely see more and more volatility and you know you can really tell the jittery markets because the magnitude of the drops and the gains have been pretty incredible and it you'd have to go back to the financial crisis to see these kinds of consecutive movements and that's sad if you are a long term investor well it is horrible to watch the daily ups and downs you are in it for the long term and so hopefully if you don't need your money anytime soon you're able to stick with your game plan to ride out this really turbulent time what do you think investors should do I mean especial que so if you're me and you're pretty much short term girl you know are you are you moving money around to use staying and something stable what are you doing if you need your money within the next twelve months you cannot have that money at risk and so that might include that you need money for a home down payment maybe you need to write a tuition check maybe you have to add put by a car that kind of money is actually important to keep secure and and I mean secure like really boring and that can mean anything from money market to a savings account to a a CD that short term in nature it's just incredibly important that you don't take risks with that money now for anybody else who's listening who is a long term investor I would urge you to go back to your game plan and remind yourself why you are investing are you the kind of person that does not need to touch this money for twenty or thirty years then you want to just keep that portfolio that retirement account intact don't touch it because the more you muck around with it the higher the likelihood is you're gonna regret your

CBS
"jill slazenger" Discussed on Newsradio 830 WCCO

Newsradio 830 WCCO

02:47 min | 1 year ago

"jill slazenger" Discussed on Newsradio 830 WCCO

"Do I invest here should I put my money there Jill Slazenger can help you back to jail on money your back it's Jill on money Hey mark what's your opinion on things like this like look at this tag that sitting inside of my sweater I'm like the princess and the pea it drives me insane why are people still wide to manufacture still do this with these tags that make you insane are make me insane now all I can do is touch it and want to get rid of it oh my god I can't I take every single one out of the neck the woman who is a seamstress that I've gone to for many years said to me that I'm one of her favorite people because I take tags out of my neck and then I create a hole in the neck to bring it in for her so she loves me I'm her nobody all right it's the program to take the mystery out of your financial life Jill on money that is the name of the program I am Jill Slazenger he has more to layer CO and we're here to help you out if you've got a financial question ask Jill at jail on money dot com Terence writes I'm sixty nine years old and retired I'm not super rich but my fidelity contact suggested I invest the bond portion of my IRA in their core bond strategy it's a separately managed accounts of this would be instead of keeping it in the fidelity bond index fund where it is now I'm not familiar with separately managed accounts what are the positives and negatives to consider here here's the big negative it's probably cost more and probably if you're not super rich and there's no reason to do this I can't imagine the real upside the upside might be that they say oh we can get more we can get better returns for you I'd skip it okay Amanda right so what do you think of investing with worthy bonds as an alternative to basic savings account or C. date I have an emergency fund this is extra beyond that ever emergency fund money at five percent interest were the bonds beats the current basic savings account and CD rates added bonus the money still very liquid website says no fees for early withdrawal okay Amanda I mean it may be fine it's just that their bonds and it's probably short term bond so what is the the downside would be you're gonna be taking more risk and if you're okay with that that's fine if you don't want that kind of risk them the way to proceed would be to say okay let me just fine higher higher yielding CD's and you do that by going a longer term in terms of like you know instead of going for a one year CD.

Jill Slazenger Terence Amanda
"jill slazenger" Discussed on Newsradio 830 WCCO

Newsradio 830 WCCO

03:13 min | 1 year ago

"jill slazenger" Discussed on Newsradio 830 WCCO

"Put my money there Jill Slazenger can help you back to jail on money here back in jail on money yeah you got a financial question should as an email asking Jill Jill on money dot com that's a bill did he's a federal employee who plans to retire in about seven years he will he says my retirement income will be from three sources social security federal pension and the thrift savings plan that's the kind of like a four oh one K. for federal workers okay bill goes on to say I expect the three of these together will replace about three quarters of my current income my wife's social security should provide another ten percent that's kind of great no mortgage we do have one rental property that we owned with a mortgage but after debt service its cash flow positive okay so here's the question ninety eight percent of my thrift savings plan is in the twenty thirty target date fund I wonder if I should continue to put a hundred percent yeah in the target date fund or split it into the G. fund which is a government bond fund I'm I'm thinking I was thinking that in retirement I would pull funds from the G. fund rather than from the twenty thirty five and on the other hand maybe can too conservative I'm an approach considering my family history points towards a thirty plus year retirement and so find to kind of go fifty fifty if you want it doesn't sound like you're gonna have a big problem in terms of the amount of money that you need to pull some money out of this fund but the twenty thirty find is probably you know has about a fifty fifty allocation I don't know if you need much more than that I I wouldn't if you feel like you're a little nervous about the volatility of the market then you can use the G. fund but you're fine in the fifty fifty fun to be honest I don't think you need much more than that so especially when you're looking at the long term you're not gonna have to pull that much money out of these accounts okay Cathy writes I'm wondering if you could please help me decide of leaving my job would be feasible I've been a loyal listener for years I've been contemplating writing you for just as long I'm forty three married with twin fourteen year olds I'm eligible in five years to begin receiving my pension as is my husband all my god to people get pensions mark what are we missing okay listen to this so let's just think about this when she's forty eight she can get her pension and she says at that time our combined pensions will be more then covered their living expenses wow here's the here's the the inside my job is taken an immense toll on my health I really like to leave it sooner if I'm able to do so but only if it doesn't compromise our kiddos futures I'd love your opinion and advice my husband is supportive and he will continue working his I. income will cover living expenses over the next five years although we may have to redo savings to do so here we go combine Sally to undergrad cut in half if I leave the current employer retirement accounts.

Jill Slazenger Jill Jill
"jill slazenger" Discussed on Newsradio 830 WCCO

Newsradio 830 WCCO

05:55 min | 1 year ago

"jill slazenger" Discussed on Newsradio 830 WCCO

"Jill Slazenger helps you take the mystery out of your finances your back it's jail on money and we are focused on you this thanksgiving weekend we are banging out questions I don't know mark said there are eighty or a hundred piled up in our in box that I had not done so thanksgiving weekend giving thanks to our listeners and your questions Michael right what do you think of the Wellington fund for the long term and invest as a long term investment then versus an index fund or exchange traded fund like the vanguard he gave me the symbol okay I'm here's the deal the he's alright so he only then goes on asking this ready okay here we go I and my wife and I have about two point six million dollars in retirement investments eighty thousand dollars outside of retired at a set of retirement we both work full time I'm sixty seventy seventy two I am she is a flight attendant still working after fifty three years she takes social security I'm getting half of her social until I take my when I turn seventy are retired two to three years you ready for the net worth mark let's say five point five million dollars it's a nice number so home they live in the bay area questions were thinking of putting fifty five to sixty percent of our money in the vanguard Wellington fund forty to fifty forty five percent in vanguard money market fund I'm AT and diversified U. S. in global bond funds bond funds what we should consider should we consider hiring a financial adviser to manage our money because their fees are high we don't know what to do okay here's a big picture in general what I think if you you can biggest picture is you probably have plenty of money enough to worry about your retirement but just run some retirement numbers to prove that to yourself okay next you got a bunch of money that you want to invest what is the best way to invest it the cheapest way is for you to do it on your own and as you say you can go into the vanguard and you can just choose a few different index funds I'm the Wellington fun is fine but it doesn't seem to me like it's necessary if you're just going to put that money to work and you know I guess the Wellington funds maybe a quarter of a percent a year in the index funds are probably you know maybe half that probably last point oh five point one so you can do that okay or if you know you could actually have you can sign up for the vanguard service if you don't want to manage your funds the vanguard personal service adviser I think the minimums like fifty granulate that and they'll invest the money for you it's a pretty simple way to get a little bit of advice and you'll get the whole portfolio done and that's far cheaper than hiring any other service that you're gonna get out there like personalized service so I think you might want to consider that do you think I think that sounds like a good deal so I would check that out okay next Jeffrey listens to the show when he says it's really really great thank you I have four kids for whom I have save money since they were little I've had the money invested in various mutual funds and over time they've grown too pretty decent amounts my kids are in their twenties to thirties one married without kids has ninety thousand dollars I'm one one married without kids as ninety thousand dollars are the other three of a hundred and seventy thousand dollars each that's because someone you so much for grad school they make good salaries the money sitting in cash I sold American funds about two months ago when it looks like things are going down hill pretty quickly for you speak on many occasions about robot driven investments that's what I just talked about actually online investment platforms you know so here's a question that is at the bottom of this from Jeffrey okay should my kids ask our certified financial planner adviser of many many years to star reinvesting in what has done well over the years American funds or move some or all to betterment or other funds that others can't companies you might suggest the mice for them to use when they need it I'm thanks for your help I look forward to hearing from you okay Jeffrey I I would unless the kids really do need the I'm you know long term financial planning I think that they would be fine going to one of these online platforms and you can get some financial help I want to like put in a little bit of a plug I'm that first for a few different there there's a bunch of different companies will just put a plug in for one of them that I've recently I've run across so there's betterment they used to be the sponsor of my podcast wealth front there is the one I just mentioned vanguard personal service adviser Schwab has a a online advisory platform I and and there's this new company that I have found called facet wealth F. A. C. E. T. wealth and which I think was pretty impressive where essentially people could get some advice by it essentially working with a dedicated adviser but people who might not necessarily get the advice that and they're paying parents get so that said I'm I would give that a shot okay do it okay the next stop could we have here Kenneth I have a question regarding I I have a question about my situation I was in a car accident after heavy medical bills I'm bankrupt on disability I wonder if I have.

Jill Slazenger mark ninety thousand dollars fifty forty five percent seventy thousand dollars eighty thousand dollars five million dollars six million dollars fifty three years sixty percent three years two months
"jill slazenger" Discussed on WBBM Newsradio

WBBM Newsradio

02:00 min | 1 year ago

"jill slazenger" Discussed on WBBM Newsradio

"Without a permanent place to live when a roar officials ordered the Garfield apartments vacated the order was actually from July first but management allegedly told residents they could stay even the violations of not been corrected the building is the former YMCA building and Garfield Avenue the city says the building is unsafe with the lack of working smoke detectors and electrical issues among other things now former building manager Louis you're not always been charged with criminal housing management. two four newsradio one of five point nine FM the U. S. is decided to impose tariffs on various exports worth seven point five billion dollars from the European Union including cheese wind and aircraft some economists are concerned how the European Union may respond to the United States terrorists what some economists are worried about is as soon as the U. S. imposes these levees that Europe will retaliate and then put levees on US goods as well. that is CBS news business analyst Jill Slazenger reporting. coming this month to a theater near you the Chicago international film fest it's the longest running competitive Film Festival in North America and October sixteenth the twelve day event kicks off another year of feature films documentaries short films independent films foreign films and Oscar contender and exciting line up of films from around the world so more than sixty countries represented artistic director me plus Shea says she and her staff travel the world all year to bring diversity to the Chicago ideas here we looked at like six thousand films in total and then number are submitted to us by filmmakers from around the world this year's opening film is Edward Norton's motherless Brooklyn closing night features of the torch a documentary about musician Buddy Guy the film best runs from October sixteenth through October twenty seventh at the AMC river east theaters Lisa fielding newsradio one oh five point nine FM coming up the latest in traffic and weather WBBM news time two thirty styleite.

Brooklyn Lisa fielding Chicago Jill Slazenger business analyst CBS Garfield AMC Buddy Guy Louis Edward Norton Shea director Oscar North America US Europe European Union five billion dollars twelve day
"jill slazenger" Discussed on Newsradio 830 WCCO

Newsradio 830 WCCO

06:34 min | 1 year ago

"jill slazenger" Discussed on Newsradio 830 WCCO

"It all now back to the show with Jill Slazenger you are back in jail on money and yeah that's August yeah you don't feel like dealing with money stuff well I need be you've got the the capacity now have some important conversations around money this is especially important of course when you're talking to your kids about money look this is what we're doing with our interview the interview we were talking about talking to your kids about money but you still have conversations with your parents your spouse just talking about this stuff it makes it so much easier to deal with truly avoiding it not a great plan but when we talk about of financial literacy there is indeed some evidence and there have been some studies which do show that even though we can give you education and information doesn't mean you're naturally going to make the best financial decision for you for yourself or for your family that's why I wrote my book the dumb thing smart people do with their money because a lot of the stuff is emotional but what I was wondering was when I was talking to nan Marcin she's our guest and she's the president and CEO for the council for economic education I was wondering whether she gets some push back around this idea of financial literacy because there are some people who just think that this is a tough topic to teach in some school systems where it's not mandated and so I was wondering what she had encountered so here is the end of our interview with man Morrison what is it that you think is is kind of the big push back that you will hear from say a school system about why they're not teaching personal finance in the in the public school systems that is a great question the answer that we usually get from them is there isn't enough time in the school day and that's just not true because we can help schools integrate personal finance into the everyday life of the classroom it's such a natural fit in only elementary school classroom we have a set of materials company economy so kids went their tasks they get paid for doing tasks it's great they really learn how money in commerce works and in junior high and high school it's really easy to integrate the subjects into math social studies current technical education classes there were still some classes about civics and the kinds of things that you and I remember studying there called different names now you don't learn to sew anymore if your girl but there are sort of life skills classes workplace learning classes that are are often offered and we can just integrate that right and so you'll help the school system let's say dove tail what they're currently doing and we've this into the process in fact on your website there is it says you know you got different stuff here for parents this that but you also have it for teachers yes teachers are a big audience and we can help them with lessons with helping to integrate into the curriculum in fact we have a whole website just for teachers it's called econ add link and that has tons of free resource says our standards are on there teachers can create their own quizzes it's it's a real educator website and we're very proud of that we have almost a million visitors every year so it's really widely used and we keep investing to keep up with the needs of twenty first century teachers someone said to me who is an education if they're not testing for the teachers will not teach toward is that true I want to get into that testing to be I would say for us a lot of the teachers that come to us or teaching and title one schools those are the low and moderate income school districts and they come because they know that this is an essential life skill for those kids you know we spend so much time I'm trying to help kids to understand that there's a bigger world out there to get them educated get them jobs and then we forget to teach them what to do once they're earning money they get into trouble shame on us yeah that's so hard so you've worked in now nonprofit land for how long nine years do you miss anything from the private sector it's just different sometimes I miss the pace and sometimes I don't miss the pace yeah I get that but it I think I've had a chance to I know this sounds really trade but to really move things ahead for organization and take us into new places with another competition called the national economics challenge we now have a license agreement with China so the Chinese students come to the US and we have a joint competition I guess what's important here is that I think that parents feel sort of helpless like I have to do this too and so what you're really saying is that between parents and teachers see each council for economic education can help these folks along with preparing their kids better and by the way here's the side benefit if you help your kids through this you'll learn it even if you didn't learn it absolutely so that's kind of a fabulous thank when you look back and and all of the you know the the years that you have been in the industry what is it about the industry that you wish were different wave your magic wand and say gosh I wish financial services would be blank what is the blank I would say that more transparency yeah as helpful I took out a mortgage right after some regulations when in effect about simplifying mortgages and I have to say that it was really helpful and I obviously was super qualified to navigate through the US but as I read the papers I thought you know I think somebody that wasn't as fortunate as I was in terms of having so much education knowledge around these topics could actually work work their way through these things so I would say transparency things that are written down so that people know exactly what they're getting and written in English and I don't mean the language of English but just plain plainly written not financial ease exactly and you know if you can't walk into a bank and say what is the interest rate and they can't give you a straight answer then you should walk out of that bank well thank you so much to man Morris and I think that.

Jill Slazenger nine years
"jill slazenger" Discussed on Newsradio 830 WCCO

Newsradio 830 WCCO

05:24 min | 1 year ago

"jill slazenger" Discussed on Newsradio 830 WCCO

"On money where Jill Slazenger takes the mystery out of your finances your back it's jail on money if you've got a financial question give us a holler very easy to do send us an email ask Jill and Joe on money dot com sometimes people just write in about stuff that I am writing about on my column I I have a column through Tribune I usually post the column on my website but maybe check out your local paper we'll see if you are if they carry it at this is a note from Ted who says he enjoyed my recent article and it was about the solid jobs report justifying drone pals case for doing nothing and the federal reserve and a Ted says I'm glad you included the use six number okay you six that's like this broader unemployment rate which basically says the way the unemployment rate works there's two different service for the unemployment numbers one is you go to businesses the governor goes to the businesses and said okay how many people Joe higher last month the other survey goes to households and says do you have a job are you actively looking for a job would you like a better job do you wish that you were working full time but only and but you only have part time help now brought unemployment rate just says do you have a job okay and are you actively actively seeking a job but when you put in all those other people you get a different number and that's the use six number it's considered a broad unemployment rate and it is near record lows at the lowest since the year two thousand and ten wants to know it's strange it were near record low unemployment but the lower and middle class doesn't feel secure and so true I'm and so Ted rights I think there are two things that is driving this phenomenon although active unemployment rates are near record lows the labor participation rate which means just the number of people in the pool is pretty low so essentially he's saying there's a lot of people on the sidelines but you know what a lot of those people on the sidelines header just retired people one of the reasons the participation rate is so low which is you know essentially sixty three percent cash I the the reason why the participation rate is so low is not only because the labor market is weird but also because a bunch of baby boomers retired so that's number one number two he says lower and middle class working families are paying any extra money they have on healthcare premiums and deductibles I think that's probably true and I think ten you've got something there in that I think a lot of people are feeling squeezed because there are certain parts of our benefits plan lands that have fallen disproportionately on us and I do think that's important to recognize it used to be that kind of like everything is covered not so much anymore also listen that financial crisis really guided through a lot of people in their savings and even if they're working again they may still be building up their worth their net worth all right let's go to Dan who says my parents live in the small town they want to invest with the broker from a certain company I'm not gonna say it the only they say the I want to go there because they have one on every street corner I read enough there of of the practice and legal issues to no I wouldn't go there how do I find a fee only adviser in their town all right us so Dan the way you do that did you go to nap for any P. F. A. dot org national association personal financial advisors napa dot org you can check it out and put in your zip code and see I agree with you it's really good to deal with someone who is not selling about your product so try that out Jose writes about his mother's financial situation she seventy one she's retired and she's a widow she owns her own home she's still healthy enough to be independent shows on fixed income so that include social security and the income from two annuities the larger one is a qualified annuity meaning I came from an employer smaller one non qualified total value is about two hundred thousand dollars now here's the issue the qualify contract the one from the retirement plan it added surrender period and we have to figure out whether to make a change I believe it pays five percent her current income covers her expenses but leaves her little flexibility we would like to generate additional income but it sure that he does out liver savings I know nobody's are costly but it seems to be the best option to achieve income and principal preservation it would be difficult to generate the same income from her balance as she invested elsewhere sales person indicated she could purchase a new contract paying six point six but it reset the clock on the surrender period not ready to sell our house to access your home equity is not possible my question are either the new a new ID or a reverse mortgage her only or best options at this point if so what are the details that I should be paying.

Jill Slazenger two hundred thousand dollars sixty three percent five percent