Decoding Plastic: Credit vs. Debit Security Tips
As the holiday season kicks into high gear, shoppers everywhere are gearing up for Black Friday deals and Cyber Monday splurges. But before you swipe your card, it's worth considering whether you should be reaching for your debit or credit card. While both have their merits, they also come with risks that can affect your financial health. To help you navigate these options, we spoke with Lexi Cavins, Customer Service Specialist at Farmers State Bank, to break down the pros and cons of each.
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The Collaborative Advantage: Marketing moves for Economic Empowerment
Today we're talking about the collaborative strategies that drive economic growth in a small town. Joining us is Marketing Manager for Arthur Agency, Alex Mullins, whose expertise in marketing has led to unique approaches in fostering collaboration for economic growth. Together, we explore the power of strategic partnerships, community engagement, and shared initiatives that not only benefit businesses but also contribute to the broader goal of economic and social empowerment. Alex shares real-world examples, and the latest marketing moves that can transform economic landscapes. This episode is a must-listen for anyone passionate about making a positive impact on their region.
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Gold Mine or Money Pit: Rural Short Term Rentals
It's no secret that vacation rentals, such as Airbnb, are a hot topic when it comes to passive income and investing. It may seem easy and lucrative, especially when we watch TikToks featuring individuals who've just purchased ten houses in a different state with no money down and have already turned a profit. However, buying property is always a significant investment and carries inherent risks, regardless of your location. Our very own Jill Franks ventured into the Southern Illinois Airbnb community a few years ago. On this episode, we get to have a conversation about the reality of owning a vacation rental in a rural area, along with all the pros and cons that accompany such an endeavor.
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Insuring Your Legacy: Why Life Insurance Matters
Life insurance might not be the most thrilling topic, but it's one of the most crucial aspects of financial planning. If you think life insurance is only for the elderly or those with a morbid streak, think again. Let's dive into why life insurance is essential, who needs it, and the different types available. Our expert for today is Eric Witges, COO of FSB Insurance, who brings a wealth of knowledge and some personal anecdotes that highlight the importance of life insurance.
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The Financial Side of Farewells: Saving Grace in Funeral Planning
Tomorrow is Halloween, and we're about to dive into a topic that might seem eerie at first, but is incredibly important. While most people associate Halloween with costumes and candy, we're taking a different approach today, shedding light on a topic that often lurks in the shadows - funeral planning. As we explore this often overlooked aspect of personal finance, we'll reveal how meticulous planning can not only alleviate the emotional burden on your loved ones but also save you and your family from unnecessary financial distress during a time of grief. Today?s guest, Joni Binkley-Ross, is no stranger to having those important end-of-life conversations. In fact, as owner and funeral director of Binkley Ross Funeral Home, she is an expert on the topic. On today?s episode, Joni unravels the intricacies of funeral planning by discussing the various costs involved, strategies for budgeting, and the importance of having a well-structured financial plan in place. So, grab your favorite pumpkin-spiced beverage, find a cozy spot, and prepare to embark on a journey that will shed light on the power of foresight when it comes to your final farewell.
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