tv On the Money NBC April 3, 2016 5:00am-5:31am EDT
welcome to "on the money." i'm becky quick. will we walk on the red planet anytime soon? and that's administrator says why we are trying. the man who start eharmony wants to match you with the perfect job. and one of the scariest words in the english language -- audit. there are ways to avoid an irs audit. tips for a taxing time. an accidental millionaire. why one mom started a temporary tattoo business from home. >> i'm loving it. >> "on the money" starts right now. >> this is "on the money," your money, your life, your future. now, becky quick. >> today, we begin with nasa.
the space agency was founded 58 years ago and landed astronauts on the moon a full 47 years ago. nasa's new goal is to get humans on mars in the next 20 years. in the middle of a new space race and that's our cover story this week. >> in 1961, president kennedy pledged to land astronauts on the moon. by 1969 millions of americans watched it happen from their living room tv sets. >> that's one small step for man. one giant leap for mankind. >> nasa's space success continued in the '70s and '80s until disaster. in 1986, the space shuttle "challenger" exploded 73 seconds in to the flight and all seven crew members were lost. in 2003, the space shuttle "columbia" broke up before landing and all on board perished. less than a year later a new vision for nasa including human
exploration of mars beginning with the space station. scott kelly returned from a nearly year long mission testing the impact of long duration space flight on the human body. nasa is testing the spacecraft, to take people further in to space. the first crew is expected to board in 2021. can nasa build the systems to get astronauts back to mars and back home safely? thank you for being here. appreciate it. >> thank you. my pleasure being here. >> there's a lot of excitement about space these days. part of that has to be from movies like "the martian." nasa's goal to get astronauts to mars. what do you think is building the excitement? why mars and why now? >> mars is important because it is similar to earth we think and the history will help us to understand our own planet better
and the reason is the fact we want to know if there is life elsewhere in the universe. >> you think we can do this sometime soon. watching "the martian" i was amazed at the difficulties and potential hazards. >> if we were just starting out i would have doubts but we have been sending precursor missions to mars for almost 50 years now. we think we are on the right trajectory to get humans to mars in the 2030ss. >> are will russia and other countries help us or is this an american goal? >> no it is not. i it is truly an international venture. it will be absolutely essential to have international partners with us. >> i know nasa's budget request for 2017 is $19 billion, 3% increase from last year. what benefits do you think we can get out of the spending now? >> when you look at nasa's budget you get four giant areas,
one people talk about a lot is human exploration. the most bang for the buck comes from the smallest amount of the money, in aeronautics where we contribute to the largest balance of trade for the country. i'm excited about that part of the budget for this year because we will start to build x planes again. >> we watched scott kelly who just came back from a year on the international space station and it's been amazing to hear the impact on his body. what are you learning from that experience to see how long we can spend in space and how do it better. >> scott's mission was critical. it was a one-year mission. not the longest humans have been in space but the longest an american has been there over a sustained period of time. it will help us in the never-ending quest to understand how he human body will function for long periods of time in the microgravity of space. >> he grew a few inches. it only lasted a few days, but.
>> it's a nice interesting point. everyone who goes to space grows by some amount. gravity is taken out of the equation. you are going around earth so rapidly that centrifugal force overcomes gravity and you have a sensation called floating. unfortunately for short people like me, you go back to normal within days. >> that's the only thing that tempted me to go to space. when i heard it was taemp rare fix, i thought okay, never mind. >> you would love it. you would sglets talk about the private ventures we have seen. things like spacex and blue origin. those projects is that good for nasa or is that competition? >> good for nasa and the nation. primarily because they help us to bring launches back to american soil, whether it is for cargo or people and so i would say they are incredibly value to this country. >> administrator bolden, i know
you didn't want the job when your name came up. didn't it take a private meeting with president obama to convince you to do this? >> i would have taken the private meeting with the president for any reason but it did. that meeting was not where the question was popped. it was -- that meeting was to talk about my ideas on the space program and nasa. it wasn't billed as an interview for the job. i didn't get the invitation until a couple of months later. >> what goals would you say you have left, things you want to accomplish? >> making sure we are on a steady path to mars. that we can get there in the 2030s is the number one thing i'd like to see. we are a lot closer than ever before. getting astronauts able to fly on american spacecraft, getting the sls and orion flown, the deep space vehicle to carry astronauts around the moon and eventually to mars in the 2030s
and then the incredible siengs accomplishment launching the james webb space telescope in 2013 and aeronautics as i mentioned before. >> thank you for your time. >> all righty. you take care. look at what is making news as we head in to a new week on the money. a solid jobs for the for march. the economy added 215,000 jobs. that's in line with expectation. there was a decline in manufacturing and increase in retail. the unemploymee rose to 5% in part because more started to look for jobs and entered the work force. wages edged higher. stocks took a breather and closed out the month after hitting the highest levels of the year earlier in the weechblg dow and s&p posted the best gain since october. part of the climb was due to a speech by federal reserve chair janet yellen. she told the economic club of new york the fed would proceed
cautiously in hiking rates because of global risks. americans paid gas last quarter more than anytime in 2004. that is a savings of $10 billion compared to last year, $45 a for every licensed driver. any business will tell you social media is a brand to building a client base. tumblr is growing in users and staff. some of those hires will work in the creator 's unit which connects most popular users with brands looking to develop new concepts. mary thompson is reporting from tumblr's headquarters in new york. >> this photographer booked a client list of 30 companies including the gap and universal studios. >> i don't think there is any way i could work for the brands i am working for today if i had started ten years ago. >> she credited success to tumblr, where she posted her work since high school.
tumblr asked her to host fashion week boosting her career brands started to reach out to me. >> she works with a group launched last year to connect the sites artists and bloggers with advertisers looking to reach tumblr's millions of users. >> these creators are creating content for brands and powering some of the business advertising we see on tumblr. >> the creators network makes sure she is paid and helps maintain her blog, genering business for tumblr by helping a small business expand. this year tumblr is expected to expand payrolls by 30%. some people hire ld go to the creator's network. the company is focused on hiring more mobile engineers and account managers. in the social media space, the stem skills are critical for a lot of people, in addition you need the management and administrative skills. those traits needed to help artists expand their business. back to you.
>> thank you very much. that is mary thompson. up next, which is more difficult, finding love or finding a job you love? website eharmony has been matching love interest for years but now wants to match you with that perfect career, too. are you at risk for getting audited this tax season? an inside scoop on how the agency decides and steps you can take to avoid bag target. here's a look at how the stock market ended the week. we were born 100 years ago into a new american century. born with a hunger to fly and a passion to build something better. and what an amazing time it's been, decade after decade of innovation, inspiration and wonder. so, we say thank you america for a century of trust, for the privilege of flying higher and higher, together.
asked if what works for dating can work for a job hunt? >> there are a lot of different dimensions on which people have to have a good fit in order to make a marriage work. there are a lot of dimensions that people have to have a good fit to make job work. >> the last time you were here, dr. warren, you told me the most important fact in finding a compatible mate is making sure they had the same level of intelligence. is it the same with finding the right job? >> there are different kinds of intelligence, but you sure want the applicant and supervisor to have intelligence that meshes at least, and they have a real sense of what they are driving toward with the job. intelligence is very important. >> what you are really doing is trying to find good matches with the employee and the people they are working for. how does that work? >> we're looking for a person who has a cultural perspective
on life that really matches with the cultural perspective of the company. we have a 16-item list that we carefully monitor to make sure that that cultural fit is good. the second thing is, we want a person who really has the skills and experience to do the job the company wants done. that's key. we want an applicant and a supervisor and about the ten most key people around the applicant to really have a personality fit that works. you get those things, i'll tell you, you can have a relationship at work that's as good as the relationships we built in our 2 million marriages that we put together. >> the buzz word in work place days is diversity. the argument is people have to see things differently to make sure they are not all being yes men to so to speak. how do you match it up with the
idea of being compatible. >> at the center of diversity is a personality, a perspective on life the person has. an applicant has that personality and a supervisor has that personality. it transcends all other barriers. >> let's get back to dating sites. eharmony has been a site that worked hard to be compatible and can find marriage partners. what do you think of tinder that is a hook up site? >> i'm terribly sad about it. they won't work. we almost ruined our culture in america by having a divorce rate that got up to 50%. it may be pretty high right now, it's just that people aren't getting married so often. so the divorce rate isn't as high. if you start with just moving
left or moving right on the basis of something as superficial as looks and the way people relate to each other, you are making such a serious mistake. you are playing around with the most important part of your life. so we take a definite stand against doing that kind of thing. >> here, here. grow up, everybody. dr. warren, thank you for joining us today. >> i really enjoyed it. i really appreciate you. >> it's great to see you. we're on the money. taking the stress out of tax season. tips on how to lower your chances of an audit. strange success. how one woman turned a you show up.
so when you're ready, start with us. doing the right thing has never been easier. legalzoom. legal help is here. the letter from the irs that you are being audited is the fear of nearly every taxpayer. there'ss no way to guarantee you won't be a target, a few steps can reduce the odds. joining us with more on that is
senior personal finance correspondent sharon epperson. this is a tricky time of the year. >> it is a tricky time of the year. a lot of folks are worried about being audited. the good news is you don't have a great chance of being audited. less than 1% are audited. but there are reasons to worry if you make a lot of money. make over $1 million, 9 1/2% chance of being audited. >> are there other red flags to watch for? >> self employed that's another red flag. not because they think you are going to evade taxes but your return is more complex. it is great to make charitable donation a's, wonderful to do but keep the receipts. if you make a large donation and don't have a receipt you can be hit. >> say you fall in to a higher risk group. what can you do when you file to lessen your odds. >> one thing you want to do is make sure you are as accurate as possible. e-filing can help that a bit but
i keep great records. when you get a lot of different 1099s and w-2s if you had a couple of jobs, as you said the irs is getting those forms and their computers are matching that up. make sure it is accurate. big mistake people make is putting all of their investment income together. break it out as it is supposed to be. >> the older i get the more the years blend together and now i start at file at the beginning of the year and jot notes down for everything i do at the end of the year for taxes. i can't remember. it is a great idea to writ down or find an app to organize it. >> why are audit rates falling? >> the irs doesn't have as many people to go out and get you. >> yippie! >> or the budget to do it. their budget 2010 to 2015 dropped. and 70% is employees.
it is not like they have great systems they are upgrading to come and get you. you have to be diligent and keep records like you do. >> any less pieces of advice for people trying to rush in under the deadline? >> make sure you sign your return. whether people e-file or do a paper return, one of the biggest mistakes and a red flag for an audit. simple things to do and get that return in on time. that's april 18th for most people this year. >> why not 15th? >> because of patriots day and emancipation day and we get another day. >> couple of extra days. we'll take it. up next "on the money" a look at the news for the week ahead. and a tattoo parlor with a twist. how one tattoo artist keeps her customers coming back again. >> are you ready? >> yes, i'm ready. but not every insurance company understands the life behind it. ♪
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here's the stories coming up that may impact your week. on monday, reorders for february. a read on how the industrial economy is doing. on tuesday, the nonmanufacturing survey comes out for march. that measures the strength of the services sector. on wednesday, the federal reserve will release minutes from the march meeting. on thursday, harry potter fans will be enchanted with the new theme park opening in hollywood.
she's a graphic designer, mom and now making millions from tattoos. but don't worry, the brooklyn-based tattoo parlor promises you won't feel any pain getting one of these. we have more on an accidental success story. ♪ >> reporter: you arer looking at the profitable result of a bad birthday party experience. ♪ these are temporary tattoos, but if tina roth-eisenberg has her way, you'll just tall them tatt a ly. >> i'm loving it. >> she is a swiss born graphic designer that calls herself an accidental entrepreneur. >> ready? >> i'm ready. >> tina roth-eisenberg is based in brooklyn where she's launched three companies that started as side projects. ♪ >> there you go. right th >> reporter: but tattley has been the biggest most unexpected
hit. last year, she sold 2.6 million of them, bringing in well over $10 million, but the idea for silly tattoos was born out of outrage. >> it was in the spring of 2011 when my daughter came home from a birthday party and asked me to apply these incredibly hideous tattoos on her arm. they were such an insult to my sense of aesthetics i thought i need to stop complaining about it and change it. >> reporter: so she decided to fix the problem and reached out to artists and illustrators to make better tattoos. used her background in graphic design to sell them and funded it with 15 grand of her own money, as a fun side project. two days after launching the modern museum in london called asking for her wholesale catalog. >> i got up, screamed and said what is a wholesale catalog and i literally googled wholesale
catalog the next minute and got to work. >> five years later, it sells in 1,000 retail outlets and showed up at the white house easter egg roll. she gives artists a cut of the sale. >> my company needs to make the world better. i'm not going to save the world with temporary tatoos but i support artists that try to make a living. >> for "on the money," jane wells, brooklyn. >> i'm not a tattoo fan but those are gorgeous and jane wears them well. tina roth-eisenberg says in a way she created a perfect tattoo because it is temporary. she created temporary floral tattoos that have a fragrance with them. here's the website if you want to check out more strange success stories. there it s. check it out. that's the show for toda. i'm becky quick. thank you for joining me. each week, keep it here.
right now on "nbc 10 news today," strong winds are whipping through our region. winds with rain overnight brought down trees and power lines. we're live in philadelphia to show you the damage on this first alert weather day. to a live look over center city with cold and canada conditions are making it feel like anything but spring. how long it will last coming up in the first alert forecast. the villanova campus goes wild after the wildcats beat oklahoma in the biggest blowout in final four history. now it's on to the ncaa championsham