Category Archives: Uncategorized

Entrepreneur Mag: How to Start a Business With Student Loans And Not Go Broke

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Finance expert Monica Mehta offers advice to entrepreneurs tackling real-world personal finance issues.  Ask her a question and your query might be the inspiration for a future column.

Q: I want to quit my job to pursue a startup, but have $35,000 of student loan debt. Is there a way to shrink my loan payments while we are trying to get off the ground? — Eric Lee, Austin, Texas

Today student loans represent the single largest debt burden for people under 40. In fact, from 2004 to 2009, only 37 percent of federal borrowers managed to make timely payments without postponing or becoming delinquent. Those most likely to default are unemployed or underemployed. Startup life, where income is anything but certain, qualifies you for the high risk camp, so it’s important to know your options.  Read more at Entrepreneur.com

Adam Carolla: Bryan Cranston and Monica Mehta Episode

monicamehta-adam carolla 0807Monica Mehta talks with Adam about why jobs are the most important aspect of restoring our economy. She reveals frightening statistics about the trends of saving money in this country, and explains why it’s important to take financial risks. Later, Alison starts the news talking about the Amber Alert that went out on cell phones across Los Angeles. They also discuss a violent fight on a school bus, and why parents engaging their kids is so important. As the show wraps up, the guys talk about why everyone is a racist, and the 50th anniversary of the cassette tape.  Listen to the episode at AdamCarolla.com

Podcast: The New Adventures of Tony Ding-a-ling (Episode 1)

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In this episode, Monica chats with syndicated political columnist Bob Franken and comedian Chris Griggs about Anthony Weiner’s very bad week. We then discuss a report that Wellpoint Heathcare is seeing a significant drop in small businesses renewing health plans ahead of ACA deadline.  Finally, as Sept budget talks loom, approval ratings of president and congress at all time lows. Listen or download the podcast here (25 min) Listen or Download on Soundcloud

Fox Business: FDA Tracks Where You Eat

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Americans are not only living large, they’re getting large.  More than 65% are overweight or obese, an increase from 2012 and a staggering rise from just 20 years back. To address this alarming trend, the FDA commissioned a study to track fast food eating habits of participants with GPS devices.  If the argument is that stricter zoning laws that limit where fast food restaurants can locate will help the nation slim down, I’d like to see how lawmakers plan to protect us from fine dining establishments like Per Se where a five course tasting menu tops 5000 calories (that’s like eating 4 Big Macs in one sitting).  I debated this issue along with congressional candidate Ron Meyer and Fortune Magazine’s Adam Lashinsky.

Fox: Corzine Escapes Criminal Charges

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Ex NJ Gov Jon Corzine skates past criminal charges in IMF scandal despite billions of client dollars lost or misappropriated. Regardless, a civil case is sure to follow and Corzine’s worries are far from over. Whether the dealings at IMF were criminal or just bad business practice, Corzine is a scoundrel; there’s here enough evidence to try that case.   I discussed this and other top headlines in business with Charles Payne of Fox News.

Fox Business: Mortgage Rates Spike


A week within the Fed’s hint that bond buying will scale back soon, 30 year mortgage rate spike 0.5% to 4.46%, the highest we’ve seen since 2011.  Catch my conversation with Fox’s Charles Payne and Gary B Smith.

Fox Business: Will XBox Save Microsoft?

Monica Mehta 061013Will XBox save Microsoft?  Is a clobbered Facebook a buy?  McDonalds shines while fastfood declines.  Monica discusses the latest happenings in business with Fox’s Neil Cavuto.

Fox Business: Dell Announces Tablet Launch

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Dell announces tablet launch; a little late to the party, don’t you think? Google app downloads surpassed Apple for the first time.  Regional airline carrier launches subscription flight service.  Monica discussed the latest headlines in business with Fox’s Neil Cavuto.

Fox Business: IRS Targets Conservatives

Cavuto051713 finalConservatives get the cold shoulder from the IRS, waiting 24 months for 501c3 approval while their liberal counterparts receive status in less than 9 months.  Is this incompetence or illegal discrimination.  And why is the woman who was leading the charge at the IRS throughout now promoted to manage Affordable Care Act funding.  Monica discussed this and more Fox’s Neil Cavuto.

Fox Business: Treasury Liquidates GM Shares

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GM stock is finally inching up to its 2010 IPO price.  Meanwhile Dow is up 20% over the same period of time.  By exiting 241MM shares of GM at today’s prices, taxpayers will take a $20B loss on the bailout.  Considering the stock has to go up another 62% for us to just break even, it’s time to cash this clunker and move on. Monica discussed this and more with Fox’s Neil Cavuto.