Money and Change: Selling Your Home, AI Tax Tools, and the Looming Economic Shift

Welcome to Money and Change on the Trim Radio Network! Join us live every Sunday at 7 PM ET as we tackle critical financial news, market trends, and practical advice to help you navigate these uncertain times. This week, we're diving deep into the housing market, government programs, and the changing landscape of work and money.

In This Episode:

• Selling Your Home at a Loss: Considering listing your house? We break down everything you need to know, including unexpected costs, market cooling, and the impact of life changes that might force an unfavorable sale.

• IRS Direct File Dumped & New Tax Brackets: Senior Correspondent Carrie Hannon explains how inflation adjustments will affect your tax bill for 2025, a temporary $6,000 tax deduction for seniors, and the increased SALT deduction (up to $40,000!). Learn about "bunching deductions" to maximize your savings.

• The Debt Clock Ticks On: A real-time look at the soaring U.S. National Debt, including the alarming per-citizen and per-taxpayer figures. We discuss the implications of government spending and the relentless march of inflation.

• 50-Year Mortgages & $36 Cheeseburgers: We dissect the controversial idea of 50-year mortgages—a seemingly appealing lower payment that could lead to perpetual debt—and the unsettling reality of rising food costs (no, not actual $36 cheeseburgers, but the sentiment is real!).

• The Trade School Boom: Ford CEO Jim Farley highlights a critical U.S. labor shortage, with 5,000 mechanic jobs paying $120,000 annually going unfilled. Is it time to reconsider college vs. trade school?

• SNAP Benefits Under Scrutiny: Agricultural Secretary Brooke Rollins calls for all SNAP beneficiaries to reapply due to widespread fraud, including hundreds of thousands of duplicate registrations.

• Consumers Ditching Restaurants: A report from Goldman Sachs reveals a "deteriorating operating environment" for restaurants as consumers, pinched by inflation, are choosing groceries over dining out, leading to closures like 200 Wendy's stores in Ohio.

• Water, Food, and Emergency Prep: With economic uncertainty looming, we revisit essential prepping tips: paying down debt, emergency savings, long-term food storage (including freeze-dried coffee!), water purification, and having a "go-bag" ready.

Don't miss: Our featured Trim Radio Network shows, including Life Walk with Christ God, My World Live, Laff, Whatever, Victoria Smith's Natural Marketer, Offsides College Football Top 25, Positive Podcast, Adventure Waits Around the Bend, Ranch It Up, and The Red Pill Reality Show!

Special thanks to Rusty Ducks Custom Pens and Blanks for their handcrafted, custom writing instruments—perfect for any college, business, or club!

Disclaimer: Nothing in this show should be considered legal, medical, financial, or investment advice. Always do your own research and due diligence.