Encore: Going Cashless?
This hour on Focus, we’ll listen back to a conversation we had this spring about what it would be like to live in a cashless society.
Fewer and fewer people are regularly carrying cash. Carrying cards seems easier, and paying with plastic leaves a handy electronic record to track where your money goes. But with lots of questions circling about cyber-security, isn’t there a huge advantage to paying with cash money? This hour on Focus, we’ll talk about money, currency and what it would be like to live in a world without cash. David Wolman, author of “The End of Money: Counterfeiters, Preachers, Techies, Dreamers – and the Coming Cashless Society and Professor of Finance Charles Kahn join us. Kahn is a consultant at the Federal Reserve Bank of Chicago and has written about payments economics and identify theft.
This hour on Focus, we’ll talk about the best ways to track your spending and how doing so can help you meet your financial goals. Personal finance expert Kevin Waspi and certified financial planner Jake Kuebler will be here to talk with us about the best ways to keep track of where your money is going, whether you want to do it the old-fashioned way with pen and paper or if you want to do it electronically using online banking tools and apps. We also welcome your questions whether you are just starting out and looking for advice on investing, thinking about buying a home or planning for retirement.
Read more for the couch potato porfolio.
Last week the US Center for Medicare and Medicaid Services released a price list for services at hospitals across the country. In East Central Illinois, the data showed that prices for the same procedures vary widely depending on which hospital you’re at in the area. This hour on Focus, host Jim Meadows talks with two health care finance experts about why this could be and who determines the cost for health care.
John Katsinas is a broker with the Barham Benefit Group in Champaign and works with Champaign County Health Consumers. He'll be here to talk with us about local insurance markets and how that influences the cost of services at local hospitals. Jim Unland, President of the Health Capital Group and editor of the Journal of Health Care Finance also joins us. He says the variance in price has to do with a "cat and mouse game" between insurers and care providers.