Before We Launch: Inflation, Flood Insurance Deadlines, and Your Money Questions

Gas is up almost 30% from last year, my flood insurance deadline is closer than I thought, and my paycheck isn't doing what I assumed. This is a preview before our daily live show later today at 11:30 AM Eastern.

I'm Ralph Estep Jr., a licensed public accountant with 30 years in the business, and I'm joined by my cohost Juliet Chuang. Starting today, we're live every weekday at 11:30 AM Eastern talking about money without the shame.

Takeaways:

• Inflation affects different expenses differently; gas and groceries may hit harder than the reported average.
• If you're in a flood zone, make sure to check your flood insurance before the deadline hits.
• Understanding your credit report is crucial; errors can cost you, so check it regularly.
• If you're self-employed, set aside 25-30% of your income for taxes to avoid surprises later.
• Car insurance premiums can drop, but if yours hasn’t, it's time to shop around and save some cash.
• Be proactive with your finances; start a separate account for tax savings to simplify your money management.

You can also watch this on YouTube: https://youtu.be/9OzcGs_cNXo

Watch us live today at 11:30 AM Eastern: becomingfinanciallyconfident.com/live

Got a money question? Send it to me: becomingfinanciallyconfident.com

Links referenced in this episode:

• becomingfinanciallyconfident.com
• becomingfinanciallyconfident.com/live
• becomingfinanciallyconfident.com/wallet
• fema.gov
• floodsmart.gov
• lawdepot.com

Companies mentioned in this episode:

• FEMA
• TransUnion
• WalletHub
• Law Depot
• Valero