Money Talks


Money Talks: Shopping Tricks

Will you be buying gifts during the next few days or weeks? Money Talks wants to help you be a more informed shopper by sharing some marketing and psychology tips that are used to get consumers to buy more.False Sense of UrgencyThe Decoy AffectBuying in BundlesThe Instant MarkdownBuy One Get OneNostalgiaInstallmentsNo clocks or windowsShop layoutsEye-level shelvesUnorganized clearance sectionsLoss leaderParasite placementSince fast-food restaurants want customers to come in, eat quickly, and leave. Fancy restaurants encourage customers to stay longer and keep ordering more courses and drinks.BracketingSpecials with no priceLoyalty or frequent buying programsOne reason retailers started having holiday sales in October may be because Holidays are when people are the happiest. When people are in a good mood, they are also more willing to spend more money.The reason companies want to trade your email address for a small discount is simple: they will be able to easily reach you with tempting emails and ads about their awesome products to make you buy from them again and again. So maybe have an email account just for online shopping or have willpower. You could also unsubscribe from their emails after you get your discount.Back in the 1930s, retail stores started putting shopping carts near their entrances to inspire customers to make larger purchases. The idea behind it was simple: customers won’t buy heavy, expensive items if they can’t carry them around the store and to their cars.

Money Talks: Mark Your Calendar

Mark your calendars folks – there are some important dates coming up: heath care enrollment dates, retirement contribution dates. All of these dates might have an impact on your personal finances.DEADLINE October 31st, 2022 Public Service Loan Forgiveness - The White HouseIf you have worked in public service (federal, state, local, tribal government or a non-profit organization) for 10 years or more (even if not consecutively), you may be eligible to have all your student debt canceled. Now, for a limited time, it is easier than ever to receive that forgiveness, or get credit toward forgiveness, if you have not yet served 10 years.  October 1st - The Free Application for Federal Student Aid open for the 2023-2024 school year application period opens Paying for College10/10/2017 Paying for College8/28/2018 Money Talks: Student Loans01/8/2019 Money Talks: Get 2 CollegeOctober 15th Medicare Open Enrollment begins October 15 — and will remain open through December 7, 2022 Website Medicare.gov11/28/2017 Medicare Coverage Comparison10/15/2019 Money Talks: Medicareentire month of October - Open enrollment period November 1st - 2023 Open Enrollment to purchase health care from The Marketplace runs from November 1 through January 15, 2023 January 17, 2023 - last date to pay estimated tax payments to the IRS., April 18th, 2023 - The annual contribution limit for Roth IRAs in 2022 is $6,000 ($7,000 if you're over 50), or your total earned income if it's less than that amount. This is set to increase to $6,500 and $7,500, respectively, in 2023.

Money Talks: Open Topic October 2022

Today’s an Open topic day – we discuss some issues in the news, student loan forgiveness, holiday shopping, and whatever you’d like to bring up. Contact us with your questions concerning retirement, the stock market, or what your money plans are for the year or decade.Student Loan forgiveness According to a September Bankrate survey: Half of winter holiday shoppers plan to begin making purchases before Halloween this year. About 38% plan to start shopping in November. 12% of shoppers plan to wait until December to do their holiday shopping., we’ve already had Holiday sales come and go: Target announced it is kicking off its holiday season push with its biggest ever “Deal Days” promotion running from October 6 to October 8. Businesses:Fairhope Marketplace is November 2-5 Flea Market is the 2nd Thursday in October – which is the 13th HOLIDAY BAZAAR - 50th anniversary on Wednesday & Thursday, November 30 – December 1, 2022 at the MillAmazon is holding an “Early Access Sale” for Prime members on Oct. 11 and 12. This marks the first time the e-commerce giant has ever held two Prime Day-like sale events in one year. to Move at Fertile Ground in Jackson