“Pro tip” to start the week: Be sure to bring up politics at your family’s Thanksgiving dinner. You’ll save a lot of money on Christmas gifts. A tip that I posted last week received a lot of thanks: If your business is an LLC or corporation, including a single member LLC, you must fill out this form by the end of 2024. Many companies are thankful for home equity loans, and here’s another tip: know your customer. TD Bank released two surveys: its 2024 HELOC Trend Watch Survey, which looks at how homeowners are using their equity, and 2024 Merry Money Survey, which examines shopping and money management habits around the holidays. To the surprise of no LO, 66 percent of homeowners view their homes as a source of generational wealth, and 73 percent of Gen Zers and 66 percent of Millennials indicated they’re likely to apply for a HELOC or home equity loan in the next 18 months. 41 of adults are saving for a major life event this holiday season, with retirement (13%) and buying a home (11%) being the most prevalent savings buckets. (Today’s podcast can be found here and this week’s are sponsored by Truework. By connecting every verification method into one platform, Truework helps lenders eliminate process disruptions, maintain a competitive borrower experience, and reduce the fiscal impact of verifying income. Hear an interview with Polunsky Beitel Green’s Marty Green on why the Fed is still maintaining a restrictive monetary policy but acknowledging that the need for drastic measures is over.)