Oyin Adedoyin

speaker
1,572 appearances 36 recordings 1 series first heard Mar 2023 last heard Feb 2025

Oyin Adedoyin’s voice in public audio — every appearance, attributed to the second.

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It's not all going to taxes. matched
Municipal bonds, for example, are a great choice for investors in a high-tax bracket or a high-tax state. matched
Every municipal bond is free of federal taxes, and some are triple tax-free, exempt from federal, state, and local taxes as well. matched
For some businesses, it is more cost effective to avoid those credit card processing fees and just take cash. voice-verified
But for other businesses, it's more of a hassle. voice-verified
And so they're cutting that part completely out. voice-verified
A lot of people are still using cash, predominantly older people, people who just prefer cash for small transactions here and there. voice-verified
It's still a really popular payment method, especially amongst people who are maybe lower income or get paid primarily with cash. voice-verified
Exactly. voice-verified
And so that's who financial advisors refer to as underbanked or unbanked. voice-verified
And there's a lot of people in this country who don't have an association with a particular bank or don't have access to debit or credit cards. voice-verified
There's another group of people who prefer to use cash and they have debit and credit cards. voice-verified
I spoke with a lot of them and they say that cash just feels more anonymous in a way. voice-verified
They often feel like when they spend money on a credit or debit card, that's a transaction that's being tracked. voice-verified
But when they spend cash, they feel like they could spend it anywhere. voice-verified
It's also really helpful for some people to budget. voice-verified
Once they spend a certain amount of cash on hand, they know, OK, that's it. voice-verified
That's been my limit for the day. voice-verified
Versus when you're swiping a credit card all day, it's really hard to know how much money you've spent. voice-verified
Absolutely. voice-verified
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