Bob Brooks Prudent Money Podcast

In this edition of Car Corner, Bob and Tony Joe cover the ins and outs of choosing the right battery for your vehicle and how to avoid an expensive mistake.

 

Social Security faces a $29 trillion funding gap, and its trust fund is projected to run out by 2033. Bob talks about five options that could be put in place to close the gap and what they could mean for you.

Deciding when to claim Social Security isn't an easy decision. Bob explains the key questions to ask, and why having the right strategy can help you make a wise financial and stewardship decision.

Home sellers and builders have started lowering their asking prices, but there may still be more room to go. Bob talks about some eye-opening new statistics that suggest a shift may be happening between buyers and sellers.

Debit cards are convenient, but they can also leave your bank account exposed. Bob talks about how easily problems can come up when using a debit card and what you can do to protect your money.

Investors have done well in recent years, but there’s still a lot of risk in today’s market. Bob talks about the excitement and uncertainty surrounding artificial intelligence, why so many people are chasing AI stocks, and the lessons from the dot-com era that anyone saving for retirement should keep in mind.

The word fiduciary carries a lot of weight when it comes to financial advice, but it isn’t always used the way you might think. Bob explains how the term can be misleading and what to ask to make sure your advisor is truly working in your best interest.

For years, the rule of thumb was to keep your tax records for seven years, but the answer may not be that simple anymore. IRS expert Dan Pilla joins Bob to explain why and what you should know about holding on to your records.

Bob talks about the cost of living adjustment coming to Social Security for 2027 and what it could mean for your monthly benefit. Plus, how the upcoming elections could shape the future of Social Security.

History suggests many of the warning signs are there. Whether a downturn comes this year or next, the most important question is the same: are you taking too much risk with your retirement? Bob tells you what you need to know.

Car repairs can get expensive fast, especially when you’re not sure what to look for. Tony Joe joins Bob to talk about the red flags to watch for at the repair shop and how to keep your automotive costs down.

Bob looks at what’s really happening behind today’s numbers, from credit cards and investments to unemployment, the economy, and the political landscape. He breaks down what you need to know and the answers that matter most for your finances.

We are in a crisis situation when it comes to student loan debt. almost 10 million people are in default. We have always heard that bankruptcy is not an option. Has that changed? Bob talks to College Admissions expert John Hupalo about the situation.

With the stock market hitting all-time highs, many investors are wondering what comes next. Bob talks about where the market stands today and what might be ahead.

Bond funds are often seen as a safer place for your money, but they come with risks many investors don't expect. Bob talks about the two key things you need to know before investing in bond funds.