J.T. has worked as a radio announcer and program director for more than 30 years in markets across the country including Washington DC, Pittsburgh, Miami, Atlanta, Houston, Nashville, Birmingham, Phoenix, and Cincinnatti. J.T. has extensive experience as a voice-over actor for radio, television, commercials and narrations. Jeff has also had numerous acting roles including commercials, theater and films. Look for J.T. in the movies "Hoffa" and "Striking Distance". J.T. is married to his lovely wife Judy, and they have two children, Michael, and Alexandra. "God has truly blessed me with a great family, good friends and good health, I am very thankful". When JT is not in the studio you can find him on the golf course, planning a trip to the beach, in the woods hunting(during season), or helping Judy out with another project around the house. "My wife is addicted to HGTV, and I love helping Judy with these projects. You know what they say, if momma's happy, everybody's happy".
HIGHLIGHTS: Here are four reasons paying off your mortgage early can actually be a BAD financial move. There might be prepayment penalties . . . it might be better to put more toward retirement . . . you might get tax penalties you're not prepared for . . . and it often makes more sense to invest and get a better return.
FULL STORY: Everybody thinks about paying off their mortgage early, if they have the money. Sometimes it's actually BETTER to stay in debt. Here are four reasons why.
1. There might be a prepayment penalty. Most mortgages don't have these. But when they do, you might not always know it. It could be as much as 3% of the outstanding balance. Check your contract before you pull the trigger.
2. If you're not saving for retirement or your kids' education, you should put money toward those first. The taxes are deferred, so you make interest on what you WOULD have paid the government. And mortgage interest is tax-deductible, so you get even more tax savings.
3. You might have to pay more taxes. In some places there's something called a mortgage recording tax. You pay it whenever you open a new mortgage, and it's about half a percent of the total principal.
If you pay your mortgage off early, and then in the future you take out a home equity loan, you'll pay that tax again. Whereas, if you just saved the money you could have avoided the home equity loan altogether.
4. You could get a better return by investing. Usually you'll get higher interest rates on investments than you'll pay on your mortgage. Up to twice as much. So invest all your extra money, and you might have a LOT more money when you pay off the house.
There's a new dashcam video online of a woman who starts from a dead stop, drives onto a road, immediately hits a row of bushes . . . and somehow manages to flip the car onto its ROOF.
According to the website "Daily Picks and Flicks," it happened in Korea . . . during the woman's first driving lesson.
At a recent wedding in Russia, the bride and groom were walking up a set of steps when the front of a building directly behind them COLLAPSED, and landed on the street.
Luckily no one was standing under it . . . and it was also captured on the couple's wedding video...
A lot of us still aren't clear on the differences between credit and debit. It goes beyond just signing your name or using your PIN. Here are seven good tips for the best times to pay with credit or debit, from Lifehacker.com.
1. Shopping online . . . use CREDIT. Credit cards have much stronger fraud protections built in. Most have "zero liability" policies for fraudulent use, so you never lose money. It's a lot harder to get your money back if someone uses your debit card.
2. Expensive purchases . . . use CREDIT. Most credit cards offer extra warranty protection that goes beyond manufacturers' warranties. So if something breaks after the regular warranty is up, your credit card might still cover it.
3. On vacation . . . use CREDIT. The anti-fraud protection is extra important in unfamiliar places. But you can also get deals on flights, hotels, and rental cars. Using debit often means they put a hold on your money until your payment clears.
4. When the other party needs immediate payment . . . use DEBIT. Debit transactions go through instantly, but credit transactions can take a day or two to clear.
5. If you've automated your budget . . . use DEBIT. You can set up your paycheck to be divided up automatically into different accounts, and keep a separate account for fun expenses. Use a debit card for that account, and just have fun until it's empty.
6. If you're bad with money . . . use DEBIT. It's the only way to make sure you never spend money that you don't have.
7. If you need to get foreign currency . . . use DEBIT. When you go to an ATM in a foreign country, a debit card gives you the wholesale exchange rate that banks only offer to each other. You get a worse rate using a credit card to buy from an exchange.
But you're best off using an ATM inside an actual bank. In an unfamiliar place, there might be more ATMs that are set up to harvest your card information.
If you're a parent, you'll appreciate this. There's a new video online of a mom catching her young daughter covering her younger brother in Desitin diaper rash cream.
And when I say she "covered" him in it, I mean his FACE, both legs, and one of his arms. Apparently she was working on the second arm when her mom walked in on them.
The best part is the brother's face at the very end.
A reporter in Providence, Rhode Island was doing a story on a bear sighting, and decided to film her own ridiculous bear attack SAFETY VIDEO.
She looked up what you're supposed to do if you're attacked. Then during her report, she acted out each one of the tips, including: Don't make eye contact . . . back off slowly . . . wave your arms around like an idiot . . . and curl up into a ball.
Summer is Heating Up! So are the stars. Photos of your favorite celebrity couples showing some PDA. Click the photo below for more...