PennyWise Financial

Constantine J Kitrinos, CPFA - Managing Partner | Wealth Advisor
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PennyWise Financial Podcast is a literacy segment designed to provide knowledge and education on all things financial. Advisors from the firm, Monarch Wealth Management, LLC provide tips, insight and introduce strategies from a diverse background of topics. Show Contributions by clients, business owners, and colleagues. Partners: Constantine J Kitrinos and David T Georgiev Advisors: Diana C Lougen and Mark R Ziemba II Operations Manager: Jason T Georgiev www.monarchwealthmanagement.com

  1. The "Deep Freeze" Market Update

    FEB 5

    The "Deep Freeze" Market Update

    Welcome back to the show! We are kicking off Season 8 shivering in the studio because, let’s be honest, this is the coldest winter Rochester has seen in a decade. But while the temperatures are dropping, we’re looking at what's heating up (and cooling down) in the markets. In Episode 117, we shake off the rust and dive into the "Kitchen Table" economics—what it actually costs to buy a gallon of milk or fill up your tank right now. Plus, we’re breaking down the new 2026 contribution limits and a specific "gotcha" in the Secure Act 2.0 that high earners need to know about immediately regarding their catch-up contributions. Grab a coffee (or two), stay warm, and let’s get your money right for the year. In this episode, we cover: ❄️ The Weather Report: Why this is the coldest winter in recent memory and how Electric Vehicles (EVs) are actually handling the sub-freezing temps (Spoiler: Range anxiety is real). 📈 Market Scorecard: YTD performance for the S&P 500, Dow, Russell 2000, and why International funds might finally be waking up. 🛒 Inflation Watch: The real cost of living check—Gas, Eggs, Milk, and Bread prices. 🏠 Rochester Real Estate: Average home prices, market trends, and an update on Governor Hochul’s gas stove ban for new builds. 💰 Retirement Alerts: Secure Act 2.0: The new "Roth Catch-Up" rule for high earners (over $145k). 2026 Limits: New caps for IRAs and HSAs. Insurance: Why your NY health insurance premium just jumped 15%. Timestamps:0:00 - Intro & The "Deep Freeze"5:00 - Market Updates (S&P, Dow, Gold/Silver)15:00 - The "Kitchen Table" Inflation Check22:00 - Rochester Real Estate & NY News30:00 - Secure Act 2.0 & Contribution Limits38:00 - EVs in the Cold & Savings Tips Disclaimer:This video is for entertainment and educational purposes only. I am laid back, but money is serious—always consult with your own financial advisor or tax professional before making big moves! #Finance #Investing #RochesterNY #MarketUpdate #SecureAct #RetirementPlanning #Inflation #RealEstate #Podcast #Season8

    26 min
  2. How Beautiful is the OBBB? The "Tax Colonel" Reveals All

    12/18/2025

    How Beautiful is the OBBB? The "Tax Colonel" Reveals All

    Is the "One Big Beautiful Bill" actually beautiful for your bank account, or is it just a beautiful mess?This week on Pennywise Financial, we are joined by David Young, CPA (aka "The Tax Colonel") from Young & Associates in Rochester, NY. As a retired Lieutenant Colonel and forensic accountant, David brings military discipline to a tax code that just got a massive overhaul.We’re cutting through the noise of the new legislation. The "No Tax on Tips" and "No Tax on Overtime" headlines sound great, but the fine print on the SALT Cap and Pass-Through Entity rules might be where you lose money if you aren't paying attention.If you are a business owner or high-income earner wondering how the 2025 laws affect your 2026 filings, this is your briefing.IN THIS EPISODE:The "Big Beautiful Bill" Reality Check: What actually passed? Breaking down the new deductions for car loan interest, tips, and overtime—and who actually qualifies.The SALT Cap Trap: The cap is up to $40,000, but if you earn over $500k, you might still be stuck at $10k. We explain why the NY PTE (Pass-Through Entity) Election is still the heavyweight champion of tax strategies for business owners.Retirement & Charity (The QCD Strategy): Hate paying taxes on money you don't need? David explains how to use a Qualified Charitable Distribution (QCD) to satisfy your RMDs, give to charity, and lower your taxable income dollar-for-dollar.Bookkeeping Bootcamp: Why "shoebox accounting" is the fastest way to get audited in the AI era, and why accurate wage reporting is now your first line of defense.Integrity First: David’s philosophy on why "aggressive" tax planning shouldn't mean "illegal" tax planning.ABOUT THE GUEST: David Young is a Partner at Young & Associates, LLP and a retired Lieutenant Colonel (US Army Reserve) with over 30 years of experience. A decorated combat veteran, he applies the principles of integrity, discipline, and strategy to forensic accounting and tax planning. He also serves as the Executive Director of Heart of God Haiti, supporting orphaned children in Haiti.Connect with David Young:Website: https://youngandcompany.net/Phone: 585-427-0210Charity: Heart of God HaitiCHAPTERS: 0:00 - Intro: The Tax Colonel Reporting for Duty 2:30 - The "Big Beautiful Bill": Tips, Overtime & Car Loans 12:45 - The SALT Cap Explained ($40k vs $10k) 21:00 - Why You Still Need the PTE Election 34:15 - The QCD Play: Don't Pay Tax on RMDs 45:00 - Military Discipline in Bookkeeping 55:00 - Integrity & "The Sleep at Night Factor"#TaxStrategy #SmallBusiness #CPA #DavidYoung #SALTcap #BigBeautifulBill #RMD #TaxSeason2026 #RochesterNY #MilitaryDiscipline #ForensicAccounting

    1h 5m
  3. Back in Business (and Better Health) with Dr. Camarata

    10/23/2025

    Back in Business (and Better Health) with Dr. Camarata

    Wavelengths, Wellness, and Witty Adjustments are topic of conversation with our guest, Dr. Sam Camarata. Tune in for an incredibly energetic and uplifting conversation with Dr. Sam from Camarata Chiropractic and Family Wellness Center! This isn't your typical health chat—Dr. Sam brings his infectious joy to the mic as we dive deep into the world of proactive wellness and high-performance living.What We Crack Open:Vibe Check! Dr. Sam kicks off the episode by discussing the "wavelengths" (or vibes!) that people put out and how this energy plays a crucial, yet often overlooked, role in your overall health and feeling good.The Salt Secret: Get the scoop on a simple wellness hack: adding salt additives to your water to significantly enhance hydration, improve digestion, and boost vitamin absorption.Grounding and Household Health: We touch on the practical, low-tech ways you can enhance your wellness journey, including grounding techniques and using common items like blankets and pillows to improve your everyday experience.Preventative Power: While Dr. Sam absolutely treats chronic pain and injury, his true passion and focus are on prevention and ongoing enhancement. Learn how to stop treating problems after they happen and start building the foundation for a life of optimal performance, confidence, and pain-free living.If you’re ready to stop treating and start thriving, this episode is your blueprint. Dr. Sam’s positive energy is a dose of wellness all by itself!🔗 Find Dr. Sam Camarata: https://www.camaratachiropractic.com/https://www.facebook.com/camaratachiropractic/https://www.instagram.com/camarata_chiro/https://www.youtube.com/c/SamuelCamarataDC🎧 Listen on all major platforms. https://linktr.ee/MonarchWealthManagementLLC #Chiropractic #Wellness #PreventativeHealth #Vibes #DrSamCamarata #Hydration #SaltHacks #Grounding #Performance

    1h 8m
  4. Rolling with the Punches

    09/24/2025

    Rolling with the Punches

    From Marketing to the Mat. Join Constantine and Dave as they talk with Phil Misetti of Shogun West BJJ. Phil gets real about the struggles of being a self-employed business owner, why he left the corporate world behind, and how his strong ties to his community and church guide his approach to business. We also explore the deeper reasons why so many people are joining the BJJ world today.Guest Info: Website: https://www.shogunwestbjj.com Email: info@shogunwestbjj.com

    1h 16m
  5. Mortgage, Money & Making it Happen

    09/11/2025

    Mortgage, Money & Making it Happen

    It's all about "Friction, Full Gamut and Buy Now." Tune in and you'll know too. Navigating the world of mortgages and real estate can be a challenge, but in this episode, we're here to help! I'm joined by the fantastic Matthew Merrick from AnnieMac Home Mortgage and managing partner David Georgiev from Monarch Wealth Management, LLC for a fun and insightful conversation.We cover everything you need to know, from the current state of mortgage rates and the loan process to understanding different types of loans and real estate trends. Whether you're a first-time homebuyer, a cash-out refinancer, or an investor looking at residential and commercial properties, Matthew shares valuable insights and advice. Tune in for a great chat that will get you up to speed on the housing market and mortgage landscape.Matthew Merrick's contact info:Book a meeting: https://outlook.office365.com/owa/calendar/bk_mmerrick@annie-mac.com/bookings/Website: https://annie-mac.com/lo/mattmerrick/Email: mmerrick@annie-mac.comOffice Phone: (585) 505-8499Mobile Phone: (585) 509-6849Licensed Address:1200 Jefferson Road Suite 205Rochester, NY 14623

    1h 1m
  6. The Market's Midterm: A Back-to-School Check-Up

    09/05/2025

    The Market's Midterm: A Back-to-School Check-Up

    This week on Pennywise Financial, we're heading back to school and taking a serious look at the market's report card! 🍎 I'm joined by my partner in financial crime from Monarch Wealth Management, LLC to give you our post-mid-year check-up.We'll break down the factors that could send the market to the principal's office and those that show we're on a path to a stellar grade. From the top-performing sectors that are leading the class to the political influences that are making things... complicated, we've got you covered. Tune in for a fun, lively conversation that will help you ace the second half of the year and get your portfolio ready for what's next! 🎓📈

    31 min
  7. End-of-Life Support Co-Pilot with Compassion

    05/28/2025

    End-of-Life Support Co-Pilot with Compassion

    Navigating End-of-Life: Compassionate Guidance with Jean Oswald |In this incredibly important episode of the Pennywise Financial Podcast, host Constantine J. Kitrinos sits down with Jean Oswald, the owner of Compassionate Consulting in Rochester, NY. End-of-life planning and navigating difficult healthcare decisions can feel like an overwhelming whirlwind for families. That's where Jean steps in. With years of experience as a Registered Nurse and an extensive background in guiding families through these challenging times, Jean offers invaluable insights and a truly compassionate perspective. Join us as Jean shares her wealth of knowledge, providing practical resources and helping us understand how to comprehend complex medical terminology in the context of our specific situations. This episode is a must-listen for anyone facing end-of-life decisions, whether for themselves or a loved one. Jean's empathetic approach and deep understanding make this a truly illuminating and supportive conversation. Key Takeaways: Understanding the complexities of end-of-life planning.Insights from an experienced RN on navigating difficult healthcare decisions.Resources and strategies for families dealing with hospice and other end-of-life care.Tips for comprehending medical terminology and its impact on your unique situation. About Our Guest: Jean Oswald is the owner of Compassionate Consulting in Rochester, NY, dedicated to helping families with end-of-life planning and making informed, difficult decisions with empathy and clarity. Connect with Jean through the various options belowWebsite: https://compassionateconsulting.com/Text: 585-454-9679Email: compassionateconsulting@gmail.com Newsletter Signup: https://bit.ly/3VQeMemBook: https://a.co/d/3J5UwSrTo set up a free "tell me what's going on" Zoom call: https://bit.ly/3qYCwOyTo follow on Social Media: https://www.facebook.com/CompassionateConsulting/ and https://www.instagram.com/compassionateconsulting/ /#EndofLifePlanning #HospiceCare #FamilySupport #MedicalDecisions #CompassionateConsulting #RegisteredNurse #FinancialPodcast #ConstantineJKitrinos #JeanOswald #HealthcarePlanning #RochesterNY #Podcast #FinancialLiteracy

    30 min
  8. Trump's Tariffs: Don't Panic, Plan Smart

    04/07/2025

    Trump's Tariffs: Don't Panic, Plan Smart

    Are the new tariffs shaking up your investment strategy? Wondering how the current administration's policies will affect your portfolio? On this episode of Pennywise Financial, broadcasting from Brighton, we address these critical questions head-on. We analyze the radical changes in tariff policy and provide a clear framework for understanding their impact. We'll also take a look back at moments in time that felt like the absolute peak of uncertainty, offering valuable perspective for today's market. Tune in to gain clarity and control over your financial future.#tariffs #investing #personalfinance #economy #marketnews #biden #pennywisefinancial #brightonny #financialplanning #investmentstrategy Subscribe for more financial insights! Reach out with questions or to schedule a meeting 👇https://www.monarchwealthmanagement.com/constantine

    42 min
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About

PennyWise Financial Podcast is a literacy segment designed to provide knowledge and education on all things financial. Advisors from the firm, Monarch Wealth Management, LLC provide tips, insight and introduce strategies from a diverse background of topics. Show Contributions by clients, business owners, and colleagues. Partners: Constantine J Kitrinos and David T Georgiev Advisors: Diana C Lougen and Mark R Ziemba II Operations Manager: Jason T Georgiev www.monarchwealthmanagement.com

Information

  • Creator
    Constantine J Kitrinos, CPFA - Managing Partner | Wealth Advisor
  • Years Active
    2023 - 2026
  • Episodes
    115
  • Rating
    Explicit
  • Copyright
    © Constantine J Kitrinos, CPFA - Managing Partner | Wealth Advisor
  • Show Website
    PennyWise Financial