Joe McKenzie Certified Financial Counselor

Do you use Zelle?

CFPB sues America's largest banks for 'allowing fraud to fester' on Zelle The Consumer Financial Protection Bureau is suing America's three largest banks, accusing the institutions of failing to protect customers from fraud on Zelle, the payment platform they co-own.

🎄Toy Day is quickly approaching and we need your help! Last year we were able to provide over 1000 children with Christmas! Help us reach more this year!
📣We are accepting new toy & gift card donations for toy day at our main location. 8:45am-11:30am Tuesday, Wednesday, Friday, and 1st Saturday of the month. 5933 N Washington Blvd.
‼️If you are a local business, you can help by collecting toys at your business! Contact [email protected] to get a collection box!
💜For more info and our Amazon wish list: www.mhmsarasota.com/toydrive

Vote!

Inflation falls below 3%. Do things seem cheaper to you in any meaningful way?

Inflation rate falls to 2.9% in July: Will the Fed cut interest rates? Newly released key data on inflation was better than expected, showing a cooling for the month of July. NBC’s Christine Romans reports for TODAY that this could allow the Federal Reserve to start cutting interest rates later this fall.

Our local heroes deserve better and no one does banking better than BayFirst. Our new Local Heroes Checking Account offers 1.50% APY on deposits as well as a $400 bonus. Contact me at (941) 263-1127 for more information and please share this with a local hero in your community.

Have you ever done this? 😔

"Money talks, wealth whispers..." 👀

Really great advice. These expenses can really impact the amount you have for retirement.

If you have a 401k, this video is for you 👆 Because it could earn you an extra $1 Million Dollars over your lifetime 📈 And I’m willing to bet 95% of you won’t take the time to watch and understand this video But for those of you who want to have a better financial future, I promise you won’t be disappointed ✅ 1) Log into your 401k Account 2) Click Change investments 3) Click Build your own portfolio 4) Scroll through all the investment options 5) Pick one and find it’s “Expenses” Do you have any idea how much your 401k investments charge? Some charge 0.05% ✅ Some charge 0.20% ⚠️ Some charge close to 1.00% 🚨 Now these differences may not seem like a lot. But compounded over 40 years it makes a MASSIVE difference ‼️ If you invest $500/month in a low fee, S&P500 Index Fund you could expect to have around $3.9 Million at full retirement age 💰 But if you invest $500/month into a higher fee fund (around 1.00%) your $3.9 Million is cut down to $2.9 Million 🤕 You will lose out on $1 Million dollars of your lifetimes money due to a stupid 401k Fee 😓 Don’t let that happen to you! This week I want you to: - Check your 401k Account - Check your friends 401k Account - Check your family’s 401k Account We shouldn’t be losing millions of dollars to 401k fees because it’s completely avoidable and it takes less than a couple minutes to change 🙏

Making a Homebuying Budget? Prepare financially to own a home by understanding the costs of buying, owning and maintaining your home and how to budget accordingly.