Money Making Sense

The goal of Money Making Sense is to help you find more financial peace. Host Heather Kelly and guest experts focus on reviewing paychecks and analyzing family decisions. They also talk about reviewing paychecks and analyzing family decisions. They also talk about vacationing on a budget, retirement savings on a limited income, reducing household expenses, the financial impact of owning a pet and how money affects relationships. Money Making Sense will give you practical ideas on how to improve your bottom line. Money Making Sense is a 2017, 2018 and 2020 People's Choice Podcast Finalist. 
What are the hurdles for 1st time homebuyers?   (30:09) September 28, 2022
The more money you have for a downpayment the lower your interest rate can be.  That’s from Kara Loftus, vice-president of mortgage services at Mountain American Credit Union.  She says putting your house-buying plans on hold is a viable option until you have sufficient funds. If you are in the military or a veteran, you […]
Taming the high cost of education   (23:06) September 27, 2022
Most college students today will need help to fund their education.  So says Brad Baldridge, the founder of the website, Taming the High Cost of College.  He says paying for higher education will hurt, but it can hurt less if planned well. You can follow this show on Instagram and on Facebook. And to see what Heather does […]
The cost for insulin capped at $35 per month   (12:22) September 21, 2022
If milk prices rose at the same rate as medications, a gallon would cost $13.  That’s from Bill Sweeney, the Senior Vice President of Government Affairs at AARP.  He says the newly signed Inflation Reduction Act is putting a cap on out-of-pocket expenses, especially for those on Medicare D plans. You can follow this show […]
Understanding your health insurance options   (27:54) September 14, 2022
Most people spend 11 hours researching new televisions, and 1-hour choosing health insurance.  Todd Valentine, Senior vice-president of Employee Benefits at Beehive Insurance that’s why people leave money on the table. Susan Speirs, the CEO of Utah Association of CPAs, says there are health care options, like HSAs which can help you on your tax […]
Save money by buying or selling your leased car   (19:13) September 07, 2022
Moving to a car-loan from a lease may be much less expensive than any new or used vehicle sitting on a lot.  So says Zander Cook, the co-founder and COO of Lease End. He says not only is the $500 disposition fee for turning in a leased car waived when you buy it, the amount […]
New SEC rules can affect individuals   (22:04) August 31, 2022
The SEC is not only putting out twice the amount of rules and updates as the previous two White House Administrations, they’ve shortened the time allowed to review them.  Ken Bentsen, President and CEO of SIFMA, says rushing through multiple proposals simultaneously, without understanding their effect on each other, increases the possibility of bad outcomes. […]
Divorce, recession style!   (19:42) August 24, 2022
Alimony is not a punishment or an entitlement.  It’s a spousal welfare program so the government doesn’t have to pay.  That’s from Jonathan Winn, litigation partner at Cordell Law.   He says the most important thing to do before meeting with divorce attorneys is to figure out ahead of time the changing needs of monetary support […]
Building your buffers is key to weathering inflation and recession   (34:01) August 17, 2022
Supply chain issues could fuel inflation for another year.  That’s from Phil Dean, chief economist at the Kem C. Gardner Policy Institute and Susan Speirs, CEO of Utah Association of CPAs.  They say having a financial cushion is the only way to survive. Dean says raising interest rates is bringing down inflation, but says The […]
Help is available to buy an affordable home   (18:07) August 10, 2022
People of color show more interest in owning homes than ever before.  However, Lee Anne Adams, Senior V.P. of National Initiatives at NeighborWorks America, says most don’t believe they have enough downpayment to buy (which may not be true). Lee Anne says home ownership is the key to wealth building and passing the wealth on […]
Back to school shopping   (09:07) August 03, 2022
Now is the best time to shop for what your child needs to go back to school.  Rina Hurst, chief business officer with Shipt says the sooner you start, the more likely retailers are to have items on sale.  Money Making Sense listeners can get free shipping for their first order with Shipt by using […]
What are your tax dollars funding for the $1.2 Trillion Infrastructure bill?   (10:47) July 29, 2022
U.S. Secretary of Transportation, Pete Buttigieg, spoke with host Heather Kelly face to face during his trip to Utah.  They talked infrastructure, climate change and jobs.  The $1.2 Trillion dollar infrastructure law will spread out the funds over a 5-year period across all 50-states and 14-US Territories. You can follow this show on Instagram and on Facebook. And […]
Don’t take on additional debt during a recession   (26:20) July 27, 2022
Now is not the time to buy a new car or put purchases on credit cards.  Brian Walsh, a SoFi Financial manager, says taking on less risk is the best way to survive inflation and/or a recession. Find out if you should prioritize building your savings account or your investments during this episode. You can […]
Employees can now ask for a lot more flexibility when job hunting   (25:50) July 20, 2022
Grow, adjust or die — as a company.  That’s from Carly Hazen, managing director at recruiting firm Prince, Perelson and Associates.  She has tips on how businesses should use ‘Best Practices’ to attract and hire the best candidates. Susan Speirs, the CEO of Utah Association of CPA’s says employees also need to be prepared.  They […]
Boost your emergency savings, NOW!   (24:23) July 13, 2022
If you want to know how to survive the recession, Michael Stevens, the founder of Capital Wealth Advisors, says having enough money tucked away for emergencies is how. Michael says taking advantage of free retirement funds — like your employers matching 401k is just one way to do it.  And you can go to RetireUtah.com […]
Test your dust for mold, not the air   (29:15) July 06, 2022
If you have mysterious health issues, it may be due to mold in your home.  Michael Rubino, author of “The Mold Medic” says mold can cause brain fog, breathing problems and neurologic symptoms — just to name a few problems. Michael discusses how to prevent getting mold in the first place and what not to […]
Why men and women think about money differently   (22:51) June 29, 2022
If a professional can’t explain financial terms in a simple way, it’s their problem, not yours.  So says Nicholle Overcamp, the CEO of Wilcox Financial Group.  She is also a financial coach with PowHERhouse Money Coaching. Nicholle says many times women are intimidated to ask deeper questions about their money, because some men want to […]
Equity doesn’t mean Equal   (33:03) June 22, 2022
Diversity, Equity and Inclusion (DEI) can increase your wallet.  Paul Skeen, the co-chair of the National DEI Counci with Eide Bailly and Susan Speirs, the CEO of Utah Association of CPAs discuss the advantages of including people from many different backgrounds, including race, gender and military service. Skeen says profits at Eide Bailly more than […]
Costs of getting your backyard ready to entertain   (09:25) June 15, 2022
Are you ready for company at your home?  Bobby Berk, designer and tv host of Queer Eye on Netflix, has tips to make your space inviting.  He says you can spend thousands of dollars, but you can also spruce things up on the cheap as well. You can follow this show on Instagram and on Facebook. And to […]
How to recognize scam text messages   (14:36) June 08, 2022
Host Heather Kelly goes through some of the scam texts she’s received.  Is there a pattern you can use to identify possible scams you get on your smart phones? Also find out what to do if you click on link you shouldn’t have. You can follow this show on Instagram and on Facebook. And to see what Heather […]
Making electric vehicles affordable for lower income families   (24:07) June 01, 2022
Don’t lease, rent or buy an electric vehicle.  Scott Painter, the founder of Autonomy, says subscribing to drive an EV is the cheaper way to go. He says having a subscription does not require a credit check and can lower the average monthly cost of Tesla Model 3 from $600 to $490.  And he says […]