In this episode, I talk about why I am not recommending Trump Account contributions beyond any free money, and how to save for your kids instead.

Key Timestamps:

• 00:00 Introduction and What Trump Accounts Are
• 03:56 Problem 1: Kiddie Tax
• 07:07 Problem 2: Inflexibility
• 08:44 Problem 3: State Taxes
• 10:24 How to Save for Kids
• 15:14 Summary and Wrap Up

Resources Mentioned:

• Trump Account Website to Open and Manage Accounts
• $250 Dell Foundation Contribtuon Zip Code Lookup

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More of Baskin Financial Planning:

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Questions or comments, drop me a note at: ⁠⁠erik@baskinfp.com⁠⁠

⁠⁠www.baskinfp.com/post/80

In this episode, I talk about the Iran War and its' implications on markets and personal finance.

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Key Timestamps:

• 00:00 Introduction
• 01:47 How Markets React to Wars
• 04:20 Oil, Inflation, and Interest Rates
• 8:01 Personal Finance Takeaways
• 11:40 Wrap Up and Disclaimer

Resources Mentioned:

• Investopedia article on the impact of war on markets across time
• Inflation Adjusted Barrel of Oil History Price Chart
• U.S. Gas Per Gallon Price over history
• Mortgage Rate Chart

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More of Baskin Financial Planning:

Think you might be a good fit form my firm? ⁠⁠⁠⁠⁠⁠Join the waitlist here!

Questions or comments, drop me a note at: ⁠⁠erik@baskinfp.com⁠⁠

⁠⁠www.baskinfp.com/post/79

In this episode, I talk about the top 5 most impactful personal finance books I've ever read that I would recommend you check out in the new year!

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Key Timestamps:

00:00 Intro and Top 5 Personal Finance Books Overview

00:51 Book 1: The Psychology of Money

02:05 Book 2: Your Money or Your Life

03:25 Book 3: Die With Zero

05:29 Book 4: A Random Walk Down Wall Street

06:37 Book 5: The Millionaire Next Door

07:57 Conclusion and Additional Resources

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Resources Mentioned:

• Psychology of Money- Morgan Housel
• Your Money or Your Life - Vicki Robin
• Die With Zero- Bill Perkins
• Random Walk Down Wallstreet- Burton Malkiel
• The Millionare Nextdoor- Dr. Thomas Stanley

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More of Baskin Financial Planning:

Think you might be a good fit form my firm? ⁠⁠⁠⁠⁠⁠⁠⁠Join the waitlist here!⁠⁠

Questions or comments, drop me a note at: ⁠⁠⁠⁠erik@baskinfp.com⁠⁠⁠⁠

⁠⁠www.baskinfp.com/post/78