Money Talks

We hear the news but sometimes wonder “how does that affect me?”. Today’s your chance to ask our personal finance experts how the war in Europe affects you. We’ll also talk about our Mississippi legislature and student loans. 

As of 03/01/2022

Bills alive: House Bill 530: Teacher pay raise, HB 770 and SB 2451: Equal pay bills, HB 1029: Increasing broadband access, HB 1367: Removing racist language from property deeds

Bills dead (? dead dead?): SB 2643: Divorce law reform, SB 2634: TANF savings accounts,

You have less than 41 days to pay your personal income taxes. For this year, the deadline to file your income tax is April 18, though you can file an extension for October 15. Remember that even if you file an extension, if you owe money, you must make income tax payments by April 18, 2022 to avoid interest and penalties.

The United States Continues to Impose Costs on Russia and Belarus for Putin’s War of Choice https://www.whitehouse.gov/briefing-room/statements-releases/2022/03/02/fact-sheet-the-united-states-continues-to-impose-costs-on-russia-and-belarus-for-putins-war-of-choice/

Redeeming coupons makes shoppers feel smart — like they've outfoxed a brand. One study found customers who received coupons released feel-good oxytocin hormones and their heart rates decreased. https://www.cnn.com/2022/03/05/business/coupons-history-jcpenney-macys-procter-and-gamble/index.html

Federal and private student loan borrowers in Mississippi owe an average of $33,182 in debt, which is 10% less than the U.S. average.

https://studentaid.gov/announcements-events/covid-19

Questions:

• Inherited IRA
• moving money
• student loans
• social security