How to Money

How to Money

By iHeartPodcasts

Best friends Joel and Matt are the co-hosts of How to Money which is all about providing the knowledge & tools that normal folks need to thrive in areas like debt payoff, DIY investing, and crucial money tricks that will provide continuous help along your journey. We believe that access to unbiased and jargon-free personal finance guidance is more necessary than ever before. When you handle your money in a purposeful, thoughtful way that works for your lifestyle, you can really start living a rich life.

Episodes

Ask HTM - Elevated Escrows, Dangerous HELOCs, & Giving Up on Investing #796

Let’s dive into the week with some fresh listener questions we have lined up for you! And don't just stand on the sidelines- if you have a question you’d like us to answer, toss your voice memo our way. It only takes about 90 seconds to record and you can find a step by step guide over at HowToMoney.com/ask . Regardless of how random or bizarre you might think it is, we want to hear it!   1 - Can I pass along the higher cost of my mortgage escrow directly to my tenants by raising rent? 2 - When do you know it’s time to stop investing for your retirement? 3 - Do I Bonds make sense for most folks and what 3 month period of interest am I forfeiting by selling early? 4 - I have cash on hand, but should I consider using a HELOC instead?   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Double Duckpin by Union Craft Brewing, thanks Luke G for donating these to the show! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
04/03/2447m 59s

Friday Flight - Degree Downsides, Credit Bureau Blunders, & Fluctuating Fast Food #795

Time for a Friday Flight- our little sampling of the week’s financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil them down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: Capital One x Discover, degree downsides, credit bureau blunders, the best scam we’ve heard of, fluctuating fast food, ubiquitous subscriptions, & car subscriptions to save.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money. Have an awesome weekend!   Best friends out!See omnystudio.com/listener for privacy information.
01/03/2433m 20s

Why Does The Stock Market Go Up? w/ Brian Feroldi #794

Sure, historically speaking, the stock market always goes up but will it continue to go up?! None of us are willing to make any predictions, but let’s just say that if that’s NOT the case, we’ve got much bigger problems at hand. But the fundamental question remains: why does the stock market grow? This question is answered today by Brian Feroldi, whose journey into the financial realm has led to writing over 3,000 articles on stocks and investing for the Motley Fool. He’s a YouTube star with millions of views where he explains the ins and outs of individual companies and broadly speaking the market as a whole. And Brian’s recent book: “Why Does the Stock Market Go Up?” is what we’re getting into today. This episode is an investing deep dive as we demystify some investing concepts like why stocks are the top performing asset class, what it means to ‘own stock’, why introverts are better investors than extroverts, investing in psychopaths, how to know if single stock investing is for you, and much more!   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Space Dream Other Half Brewing. Please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
28/02/2459m 24s

Ask HTM - Stashing an Extra $1k/month, Dropping Full Coverage to Save, & Avoiding Loans for Flight School #793

Let’s dive into the week with some fresh listener questions we have lined up for you! And don't just stand on the sidelines- if you have a question you’d like us to answer, toss your voice memo our way. It only takes about 90 seconds to record and you can find a step by step guide over at HowToMoney.com/ask . Regardless of how random or bizarre you might think it is, we want to hear it!   1 - Shouldn’t more folks consider using velocity banking to pay off debts? 2 - I have an extra $1,000 at the end of every month; should I invest those dollars for a period of time before paying down my mortgage? 3 - What is the best way to go about paying for flight school? 4 - Does it make sense to drop full coverage on my 2016 car that’s fully paid off? 5 - My husband and I are considering a 401k loan- what should our concerns be?   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Once Upon An Orchard by Allagash! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
26/02/2449m 29s

Spring Cleaning Your Finances like an Adult (Bestie) #792

Your birthday comes around every year- and you never forget because it’s something that you look forward to! But we’d argue that there are certain financial tasks that we should also revisit at least once a year, but we’re less than enthusiastic about knocking them out. This neglect is compounded by the fact that our finances have gotten more complicated than ever. You likely have accounts everywhere: you might have multiple 401ks, savings accounts, credit cards- it might feel like there’s too much going on as you juggle more logins than you can keep up with. Now these are tasks that don’t need to become ongoing obligations, but we do think they will help you make your personal finances more manageable. Whether it’s something as straightforward and practical as making some tweaks to your budget or if it’s the beginning of a season of reevaluating your life goals, we have a number of tasks that will allow you to spring clean your finances.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a classic: Saison Dupont by Brasserie Dupont! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
23/02/2453m 45s

Help for Higher Earners w/ Rachael Camp #791

What does it mean to be rich? I think very few folks feel rich, even if they are doing really well for themselves. And oftentimes that’s due to the hedonic treadmill as we’re constantly moving the goalposts as to what it is that we think will make us happy. Most folks rarely feel like they simply have enough. But guess what- a lot of folks would be surprised to find themselves in the top 10% of earners in the US. And when you make a lot of money, or at least hope to, it takes a different approach to how you should handle your finances. That’s why we’re excited to be joined by Rachael Camp, owner of Camp Wealth, who is on a mission to help her clients build and preserve their wealth. As a Certified Financial Planner, Rachael not only knows the right moves to make with her money, but she’s actually doing it- she’s designed a financial life that allows her to prioritize the things that are important to her like a matcha tea ritual and snowboarding, by minimizing other expenses, all while advising clients who make upwards of seven figures. Listen as we discuss Rachael’s history with the FIRE movement, delayed gratification, financial mistakes of higher earners, and much more!   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed an All Citra Everything by Other Half Brewing. Please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
21/02/2456m 31s

Ask HTM - Relying on a 0% Balance Transfer Card, Remedying an Out of Control Car Loan, & Sabbatical Money Moves #790

Let’s dive into the week with some fresh listener questions we have lined up for you! And don't just stand on the sidelines- if you have a question you’d like us to answer, toss your voice memo our way. It only takes about 90 seconds to record and you can find a step by step guide over at HowToMoney.com/ask . Regardless of how random or bizarre you might think it is, we want to hear it!   1 - Should I execute a Roth conversion during a sabbatical year from work? 2 - How do I remedy an out of control car loan that’s worth less than what I owe? 3 - Do y’all think I can withdraw more than what the 4% rule says is safe? 4 - Can I use HSA funds to pay for healthcare premiums? 5 - Is it time to use a 0% balance transfer card to get us out of some unexpected debt?   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Hop Showers by Other Half Brewing! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
19/02/2448m 33s

Friday Flight - Dupe Destinations, 401k Leakage, & Matt’s Dating Advice #789

Time for a Friday Flight- our little sampling of the week’s financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil them down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: tips for raging against the machine, pervasive shrinkflation, dupe destinations, a case for timeshares, part time retirement, easiest way to save, 401k leakage, MVNOs to save, the best dating advice, & attractive CDs.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money. Have an awesome weekend!   Best friends out!See omnystudio.com/listener for privacy information.
16/02/2432m 48s

Supercommunicating w/ Charles Duhigg #788

Think about any great relationship that you have- whether that’s with your partner, a friend, or even a boss. In each of those examples, there’s a really good chance that you’re both really good at talking  and relating to one another. At the core of any healthy relationship is the ability to feel heard and understood, and that’s why communicating is so important! That’s why we’re pumped to be joined by Charles Duhigg, a Pulitzer Prize-winning journalist and bestselling author known for his profound insights into productivity, habit formation, and the science of success. Charles is the author of the new book Supercommunicators, where he explores everything from how marriage counselors teach couples to hear what goes unsaid, to how NASA psychologists look for astronauts who are emotionally intelligent. Deep, meaningful connection to others is vital to living a fulfilling life, but practically speaking, it’s also really important when it comes to discussing money with a partner, which is just one of the many topics we discuss today.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile. During this episode we enjoyed a Triple Mosaic Daydream by Other Half Brewing. Please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
14/02/2456m 11s

Ask HTM - Pressure to Pay for a Kid’s Meal, Affordable Home Security, & Whether BNPL is the Devil! #787

Let’s dive into the week with some fresh listener questions we have lined up for you! And don't just stand on the sidelines- if you have a question you’d like us to answer, toss your voice memo our way. It only takes about 90 seconds to record and you can find a step by step guide over at HowToMoney.com/ask . Regardless of how random or bizarre you might think it is, we want to hear it!   1 - Is it better to rent or sell my home when the time comes to move? 2 - Do I have to pay old credit card debt that I have with Capital One? 3 - Frugal or cheap: bringing my own food for my kid when we go to a restaurant? 4 - What’s so bad about buy now pay later if I have the money on hand to make the payments? 5 - Who should I turn to for affordable home security?   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a saison – Burden In My Hand by Piedmont Brewery! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
12/02/2448m 57s

Friday Flight - Unethical Costco Customers, Payday Lending on Steroids, & Are You Rich? #786

Time for a Friday Flight- our little sampling of the week’s financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil them down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: personalized retirement plans on the rise, armchair stock picking, Disney/Hulu/ESPN+ password sharing crackdown, “I’m great but everything is terrible”, are you rich?, money stress, payday lending on steroids, unethical Costco customers, you’re going to want uninsured motorist coverage, and reward redemption restraints.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money. Have an awesome weekend!   Best friends out!See omnystudio.com/listener for privacy information.
09/02/2434m 42s

Getting Paid in a Career You Love w/ Eliana Goldstein #785

The job market is HOT right now! Unemployment is basically at all time lows sitting at 3.7% with a surprising 353,000 jobs added last month. But that doesn’t mean everyone is happy with their jobs- a recent poll showed that about 60% of workers were planning to leave their jobs by the end of the year! And regardless if it’s because they’re not getting paid enough, or because the work isn’t a good fit, we’re excited to be joined by career coach Eliana Goldstein. She brings a deep understanding of both the personal and professional challenges individuals face in their careers. Eliana works to empower her clients to discover their true potential, guiding them through personalized strategies to achieve their career goals. Today we discuss the red flags that signal it’s time to start looking for a new job, how frequently you should consider job hopping, THE number one source for finding a new job, a few answers you should always be prepared to answer during an interview, the best ways to make yourself visible when working from home, and much more!   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile. During this episode we enjoyed a Boat Drinks Volume 7 by Piedmont Brewery. Please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
07/02/2454m 6s

Ask HTM - Finding Affordable Cell Phones, Teaching Frugality over Cheapness, & Borrowing to Invest #784

Let’s dive into the week with some fresh listener questions we have lined up for you! And don't just stand on the sidelines- if you have a question you’d like us to answer, toss your voice memo our way. It only takes about 90 seconds to record and you can find a step by step guide over at HowToMoney.com/ask . Regardless of how random or bizarre you might think it is, we want to hear it!   1 - How do I know if my portfolio leans too conservative? 2 - Frugal or Cheap… what’s the best way to teach my students the difference between the two? 3 - I’m behind when it comes to investing so should I borrow money in order to jumpstart my retirement? 4 - What’s the best affordable cell phone that won’t break in 2 years?   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a tart saison – This Is The Day by Piedmont Brewery! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
05/02/2453m 45s

Friday Flight - A Credit Win For Renters, Fake Free Filing, & Garbage Furniture #783

Time for a Friday Flight- our little sampling of the week’s financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil them down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: best sources for discounted travel, credit win for renters, interest rates x home prices, fake free filing, garbage furniture, second guessing your spending, teen jobs, another WFH tradeoff, employee compensation, & employee stock purchase plans.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money. Have an awesome weekend!   Best friends out!See omnystudio.com/listener for privacy information.
02/02/2434m 54s

Breaking Broke w/ George Kamel #782

Today’s episode is all about getting out of debt as we talk with our new friend George Kamel! And it’s a good time to have this discussion as well since consumer debt, in particular credit card debt, has been on a tear over the past several years- we’re over the $1 trillion mark folks! And we’re lucky to be joined by George because not only has he personally climbed from a negative net worth himself, but he’s also a personal finance expert at Ramsey Solutions! George co-hosts the Ramsey Show as well as the Smart Money Happy Hour podcast in addition to over 16 million views on his YouTube channel. And to prove that he knows how to rock more than a microphone, George has a new book “Breaking Free From Broke” that came out earlier this month. We’re excited to get to know George and his story, how he got started at Ramsey, the normalization of debt, keeping tabs on lifestyle creep, his biggest wealth hack, and plenty more during this episode. Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   And we actually recorded this episode early in the morning, so no beers today! Please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
31/01/2453m 46s

Ask HTM - Career Pivoting to Day Trading, Life Insurance Alternatives, & Predicting Future Stock Market Returns #781

Let’s dive into the week with some fresh listener questions we have lined up for you! And don't just stand on the sidelines- if you have a question you’d like us to answer, toss your voice memo our way. It only takes about 90 seconds to record and you can find a step by step guide over at HowToMoney.com/ask . Regardless of how random or bizarre you might think it is, we want to hear it!   1 - As I’m mapping out my financial future, what kind of returns should I expect from the stock market? 2 - Do I actually need life insurance if I don’t have a partner or kids? 3 - Should I pay off a debt or invest that money if the rate of return is the same on both? 4 - Is day trading a career choice that I should consider?   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Color Decay by Piedmont Brewery! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
29/01/2446m 25s

Friday Flight - Loud Budgeting, Rampant Financial Infidelity, & Bad Bank Behavior #780

Time for a Friday Flight- our little sampling of the week’s financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil them down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: 1% Robinhood match with no caps, investing at all-time highs, active vs passive investing, more income ≠ more happiness, ‘new’ collar jobs, loud budgeting, $125 envelopes, rampant financial infidelity, employer student loan benefits, and bad bank behavior.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money. Have an awesome weekend!   Best friends out!See omnystudio.com/listener for privacy information.
26/01/2432m 6s

Why I Left the FIRE Movement w/ Gwen of Fiery Millennials #779

Most folks have no problem spending their money. I hate to say it, but shopping is basically an American pastime! It certainly drives production as data shows that consumption is responsible for ⅔ of our economy. But not everyone indulges in retail therapy- hopefully the majority of listeners to the podcast are less likely to mindlessly spend. And there’s a certain subset of folks who actually struggle with the opposite problem: they mindlessly save. We frequently discuss Financial Independence Retire Early, and we’re excited to be joined by a recovering member of the FIRE movement, Gwen Merz. Gwen has been a part of the community for years. She’s the creator behind the blog Fiery Millennials and was recently featured in multiple Business Insider articles. And now she’s working on a book documenting her FIRE journey!- here’s a quote from her book proposal: “Supersavers will improve the quality of their lives by shedding maladaptive behaviors and emotions…”. It turns out that the habits that lead to more savings and investments, may not be the same ones that lead to happy and fulfilling lives. Listen as we discuss Gwen’s introduction to FIRE, how far she pushed her savings rate, a failed attempt at investing in real estate, her spending experiments, and more!   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Georgia On My Mind Wholesome Wave Collab by Piedmont Brewery! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
24/01/2452m 20s

Ask HTM – Best Credit Cards for Honeymooners, Paying Extra on a Mortgage, & Buying a Car from a Rental Agency #778

Let’s dive into the week with some fresh listener questions we have lined up for you! And don't just stand on the sidelines- if you have a question you’d like us to answer, toss your voice memo our way. It only takes about 90 seconds to record and you can find a step by step guide over at HowToMoney.com/ask . Regardless of how random or bizarre you might think it is, we want to hear it!   1 - How should we tackle our HELOC after getting laid off? 2 - What are the best credit cards to consider for our honeymoon? 3 - If we don’t plan to stay in our new condo for the next 30 years, does it still make sense to make extra payments? 4 - Are 529 accounts the best way to save for my kids? 5 - Is it frugal or cheap to buy a used Tesla from a car rental agency?   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Nelson No. 3 by Piedmont Brewery! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
22/01/2451m 28s

Friday Flight - Career Cushioning, AI at the Warehouse Club, & Overdraft Fee Elimination #777

Time for a Friday Flight- our little sampling of the week’s financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil them down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: canceling Peacock & Prime, career cushioning, earning more in-person, AI in the warehouse club, no bait and switch car lots, selling 1k pounds of stuff, pushing back on lifestyle creep, overdraft fee elimination, and unnecessary title insurance.    Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money. Have an awesome weekend!   Best friends out!See omnystudio.com/listener for privacy information.
19/01/2431m 30s

Cruises: The Cheapest Way to Travel w/ Ilana from Life Well Cruised #776

Over here at How To Money, we’ve experienced a lot of life over the years and typically the way the podcast works is that we share our firsthand account of something personal finance related. Save up 3-6 months of living expenses for an emergency fund? Of course. Investing in real estate and becoming a landlord? We’ve achieved that many times over. Pursuing entrepreneurship by scaling a podcasting sidegig into a full-fledged business? You’re listening to it! But when it comes to going on a cruise, we’re total noobs! Neither of us have ever been on a cruise before, and so we figured it made sense to bring on a pro. We’re joined by Ilana from Life Well Cruised which is a cruise and travel blog, and she also has a YouTube channel where she has around 45 million views, which is incredible! But it shouldn’t come as a surprise considering the helpful content she’s publishing over there. Ilana shares why she loves cruising so much, how to get the best deal during wave season, the difference between some of the major cruise lines, excursions, choosing a room, sea sickness, and plenty more!   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Last Will and Testament by Monday Night Brewing- a big thanks to Ryan for sharing this one with us! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
17/01/2456m 2s

Ask HTM - Too Rich to ‘Buy Nothing’, Small Cap Value to Maximize Returns, & Spending HSA Funds on Anything #775

Let’s dive into the week with some fresh listener questions we have lined up for you! And don't just stand on the sidelines- if you have a question you’d like us to answer, toss your voice memo our way. It only takes about 90 seconds to record and you can find a step by step guide over at HowToMoney.com/ask . Regardless of how random or bizarre you might think it is, we want to hear it!   1 - What’s the point of sticking money in a Health Savings Account? 2 - Does it make sense to lease a car since I’m so dependent on my vehicle for work? 3 - Should I consider small cap value funds in order to maximize investment returns? 4 - Am I too well off to snag free items from a Buy Nothing group?   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Sundog by Monday Night Brewing- a big thanks to Ryan for donating this one to the pod! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
15/01/2452m 34s

Friday Flight - WFH Fairness, Roth 401k Revamp, & MrBeast’s Debt Dystopia #774

Time for a Friday Flight- our little sampling of the week’s financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil them down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: BTC for the masses, blending work and life, what are you optimizing for, a slowing job market, WFH fairness, Roth 401k revamp, IRA matches, MrBeast’s debt dystopia, do-or-die insurance ordeals, & keeping lifestyle creep at bay.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money. Have an awesome weekend!   Best friends out!See omnystudio.com/listener for privacy information.
12/01/2433m 43s

Overcoming Your Scarcity Brain w/ Michael Easter #773

Our brains are hardwired to relentlessly believe that we don’t have enough. Michael Easter, our guest today, calls it the scarcity brain which is also the name of his recent book. And even though we know it’s definition, scarcity is likely a concept that few folks listening to this podcast have much experience with. At least in our modern age, we have enough food, shelter, and clothing on hand that the vast majority of folks haven’t felt the true impacts of real scarcity. In fact most of us have plenty of the things needed for survival, plus the countless cardboard boxes of stuff that we’re duped into purchasing on a whim. So why spend an episode talking about a shortage of resources? Well it’s because problems arise when our minds are programmed to operate in a world of scarcity, but in reality we’re living in an age of abundance. Michael has traveled the world, he’s observed tribes in the jungles of Bolivia, studied addiction in bombed out hotels in Baghdad, and spoken with the top researchers of psychology in order to understand the mind and how we form good and bad habits. We discuss the scarcity loop, gambling addiction, our incessant buying of stuff, gamification, and more during today’s episode!   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Nelson Double IPA by Ever Grain Brewing- a big thanks to Rhiannah for sending this one our way! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
10/01/2453m 49s

Ask HTM - Rule of 55 and Early Retirement, 5% Down Payments, & Transitioning a Kid to Financial Adulthood #772

Let’s dive into the week with some fresh listener questions we have lined up for you! And don't just stand on the sidelines- if you have a question you’d like us to answer, toss your voice memo our way. It only takes about 90 seconds to record and you can find a step by step guide over at HowToMoney.com/ask . Regardless of how random or bizarre you might think it is, we want to hear it!   1 - Does it make sense to buy a house with 5% down to avoid paying rent? 2 - What financial tasks should I cross off the list for my 18 year old daughter? 3 - The Rule of 55 allows me to tap a 401k early, but do 401k rollovers also qualify? 4 - How can a small business start offering retirement benefits on the cheap?   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Violent Green by Ever Grain Brewing- a big thanks to Rhiannah for sending this one our way! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
08/01/2443m 31s

Friday Flight - The Wealth Effect, Christmas Returns, & BNPL IRL #771

Time for a Friday Flight- our little sampling of the week’s financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil them down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: pennies and coinstar gift cards, fat 401k accounts and the wealth effect, 2024 is the year for student loans, 529 flexin, Christmas returns, new year new gadgets, leasing used cars, BNPL IRL, & whether ARMs are the answer.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money. Have an awesome weekend!   Best friends out!See omnystudio.com/listener for privacy information.
05/01/2427m 25s

Buy Nothing to Gain Everything w/ Liz Chai #770

No matter how much dough you're raking in, there's always the chance you'll blow it all and end up at the month's finish line with a barren bank account. Studies show that 45% of folks who are high-wage earners, so we’re talking about individuals making more than $100,000 annually, that they’re living paycheck to paycheck as well! Sure, some financial situations could be solved with a higher income, but more often than not, we are the problem. We’re our own worst enemies as we move the goalposts of what we think will make of happy, and continue to buy ridiculous amounts of stuff! And that’s why we’re excited to be speaking with our friend Liz Chai, author of “How To Buy Essentially Nothing For A Year” where she chronicles the personal challenge that has grown into a larger movement. We discuss Liz’s history with collectibles, why she recommends taking the hardcore path, the many benefits of buying less stuff, getting reluctant partners on board, and more!   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Dead On DIPA by Hidden River- a big thanks to Rhiannah for sending this one our way! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
03/01/2450m 24s

Ask HTM - Ending A Car Lease, Velocity Banking Tricks, & When Index Funds Are Too Risky #769

Let’s dive into the week with some fresh listener questions we have lined up for you! And don't just stand on the sidelines- if you have a question you’d like us to answer, toss your voice memo our way. It only takes about 90 seconds to record and you can find a step by step guide over at HowToMoney.com/ask . Regardless of how random or bizarre you might think it is, we want to hear it!   1 - What is velocity banking and should it be something I consider doing? 2 - Are index funds too risky as my net worth has grown? 3 - Should I take advantage of an Employee Stock Ownership Plan as I consider saving for retirement? 4 - How do I get out of a car lease? 5 - Does it make sense to use a digital platform like GoHenry to teach my kids how to handle their money?   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Remain Restless by Hidden River Brewing- a big thanks to Rhiannah for sending this one our way! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
01/01/2446m 58s

Weird Finance Bonus w/ Paco de Leon

Enjoy a recent convo Joel had with Paco de Leon over at the Weird Finance podcast as they discuss how investing in relationships impacts your finances!   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money. Have an awesome weekend!   Best friends out!See omnystudio.com/listener for privacy information.
30/12/2351m 30s

Strategic Debt Use To Catapult Your Finances (Bestie) #768

Some folks will swear that taking a nap is bad for you. “It’ll throw off your circadian rhythm!” or “You’re being lazy- maybe it’s time to be more productive with your time!”. And of course, like many things in life, you could take it too far. For instance taking a nap while your friends are visiting or climbing in bed for 3 hours in the middle of the day will likely lead to poor outcomes- there will be negative downstream effects. But the reality is that a well-timed nap can bring a lot of benefits for many folks- it can boost your memory, increase your job performance, and ease your stress levels. Well, in the same way that naps are misunderstood, so is debt. Indiscriminate use of naps or debt could easily create a mess. But the strategic use of debt is an incredibly nuanced topic that we’re venturing into. Today we discuss how you can determine if you’re using debt strategically by looking at your finances holistically, how folks use debt as a crutch, why it’s important to understand opportunity cost, evaluating your own personal debt tolerance, and much more!   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Milk and Cookies by Wicked Weed! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
29/12/2348m 42s

The Perils of Investing in Individual Stocks (Bestie Ep) #767

Think about the last novel you read that included a dangerous quest. If it’s a fantasy like the Hobbit, there might be giant spiders, goblins, and dragons- but in the end, it’s worth it because of the unfathomable treasure and riches that await them. The thing is, when we’re talking about investing in single stocks, the chance that this perilous journey ends up with a happy ending is much less likely, but folks continue along in their quest. Why? Maybe it’s because of the sophisticated tools that we have at our fingertips, or because it’s more accessible than ever with apps like Robinhood where you can buy and sell for free, or maybe you just think you’re smarter than everyone else. And sure you’ve heard of individuals who have crushed it by investing with a company like Tesla, but we’re still not fans of this type of approach. So in this episode we tackle some of the most common arguments advocating for investing in single stocks, why we ultimately disagree, and how you should invest your money instead. Single stock investing is unnecessary and can often be problematic.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a classic: Trappistes Rochefort 10 by Brasserie de Rochefort! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
27/12/2345m 6s

Busting Some Credit Score Myths (Bestie Ep) #766

You know you can’t believe everything that you read on the web, right?! There are all sorts of myths, half truths, and straight up lies that can not only make us look foolish were we to believe them, but they can also separate us from our hard earned money and cause us financial harm. And it turns out there are a number of myths that pervade how many think about their credit scores. Some of this confusion has to do with the fact that different lenders reference different scoring models, so it’s tough to know exactly what is going on underneath the hood. But in addition to that there is flat out wrong information floating around that has an impact on how we view these mysterious three digit numbers- our credit scores. Listen as we tackle some popular credit score myths head on, and explain what you actually need to do in order to maintain a healthy credit score.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Hello World! by Spyglass Brewing - a big thanks to Gary for sending this one our way! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
25/12/2349m 25s

Friday Flight - Comfy Cash, Resale Resurgence, & Abandoning The Internet #765

Time for a Friday Flight- our little sampling of the week’s financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil them down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: Home Grown Comfy Chicken, leaning into divergent spending, asking for rent concessions, boarding house startup, comfy cash, abandoning the internet, boutique fitness bankruptcies, resale resurgence, affordable prescription drugs, & geographic arbitrage for kids!   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money. Have an awesome weekend!   Best friends out!See omnystudio.com/listener for privacy information.
22/12/2334m 11s

Organizing Your Money for 2024 w/ Alaina Fingal #764

Are you a neat freak, or do you prefer to simply wing it? Here’s a thought exercise: How would you feel if your partner said, “We’re going to The Container Store!”? If you’ve never been before, it’s pretty self-explanatory; basically, a retailer dedicated to organizing everything from Christmas decorations to tools in the garage and shoes in the closet. But last I checked, they didn’t have anything specific to organize your personal finances. That’s why we're lucky enough to be joined by the woman behind The Organized Money, Alaina Fingal. The Organized Money is an incredible resource – it’s a site, a blog, and Alaina creates a ton of videos on YouTube where she has nearly 200,000 subscribers. Her goal is to help folks build wealth by organizing their money. As a certified financial coach and author, Alaina is on a mission to help folks find financial peace by utilizing different systems that work for them. We discuss how Alaina developed her organizational prowess, going with analog strategies to help you stay on target, how her weekly meeting keeps her from busting her budget, organizing your time, and much more during today’s episode.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Missile Toad by Ever Grain Brewing – a big thanks to Rhiannah for sending this one our way! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends outSee omnystudio.com/listener for privacy information.
20/12/2358m 12s

Financial Festivus 2023: Celebrating Listener Money Wins #763

For a year that could be dominated by headlines of derailed trains, wildfires, and global conflicts, we think it’s important to focus on some of the good things that happened this year – and we’re not just talking about The Eras Tour! Not only do we share our financial wins from this year, but a massive number of How To Money listeners have been able to make significant strides with their own money. We love creating this episode, hearing what y’all have been able to accomplish, and sharing it with your fellow listeners. We hope that it’s as inspiring and motivating to y’all as it is to us! Listeners were able to do everything from negotiating hospital bills, to pivoting careers in order to drop commutes, to maxing out IRAs, to buying new homes, to launching new businesses… we could go on. Hopefully we can all learn something from each other today and we’re also hoping that this episode might be the spark for some epic 2024 money wins.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Chronic Happiness by Frog Rock Brewery- a big thanks to Joe for sending this one our way! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
18/12/2354m 47s

Friday Flight - Deadly Debt, Housing Crash Hopes, & The Expensive American Dream #762

Time for a Friday Flight- our little sampling of the week’s financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil them down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: a $700 million contract, deadly debt, housing crash hopes, irritating institutional investors, meager housing supply, stock market predictions, the expensive “American Dream”, & entrepreneurship to build wealth.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money. Have an awesome weekend!   Best friends out!See omnystudio.com/listener for privacy information.
15/12/2334m 3s

Traversing a Broken Housing Market w/ Lance Lambert #761

To everyone who has decided to ‘take a break’ from your Zillow or Redfin apps: we applaud you! Whether you did it to cut back on your screen time, or simply because of sheer frustration as you’ve sensed that something was broken in the housing market, home affordability seems to be at all time lows. As you scroll through listings, there's this dark cloud of overwhelm, courtesy of the real estate starship we find ourselves strapped to. And even if prices taper off some- how are folks going to handle their mortgage payments considering where rates are sitting? There are a lot of big unknowns when it comes to the largest financial decision that many of us will make, but luckily, we’re joined by Lance Lambert. Lance is the nation's foremost data journalist and beat reporter in the residential real estate space. He’s been the real estate editor over at Fortune Magazine, and he’s recently launched ResiClub to help folks to stay informed on the US housing market. We discuss why home affordability has deteriorated so quickly, specific cities that will continue to see prices increase, key indicators to help you know where your market is headed, the most important consideration before you buy a home, and much more!   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Juice Lovers by Other Half Brewing- a big thanks to Jason for sending this one our way! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
13/12/2352m 54s

Ask HTM - The Wrong Fidelity Account, Geographic Arbitrage, & Financially Preparing for a Baby #760

Let’s dive into the week with some fresh listener questions we have lined up for you! And don't just stand on the sidelines- if you have a question you’d like us to answer, toss your voice memo our way. It only takes about 90 seconds to record and you can find a step by step guide over at HowToMoney.com/ask . Regardless of how random or bizarre you might think it is, we want to hear it!   1 - We’re planning to have a baby! How do we financially prepare and what other advice do you have for us? 2 - Should I sell my home in California and move to Arizona? 3 - How aggressively should I invest within my new daughter’s 529 college savings plan? 4 - My son starts at his first job this weekend – how can I encourage him to invest a portion of his paycheck?   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed an Austell La Vista Mexican Lager by Frog Rock Brewery- a big thanks to Joe for sending this one our way! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
11/12/2351m 56s

Friday Flight - EV Apathy, Tax Penalties, & Inflation Is Your Fault! #759

Time for a Friday Flight- our little sampling of the week’s financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil them down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: Disney+ with ads, affordable Christmas lights, EV apathy, the best time to buy an EV, drill baby drill, green tax credits, penalties on tax estimate shortfalls, at fault inflation, gifting appreciated securities, curated tchotchkes, & financial literacy 101.    Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money. Have an awesome weekend!   Best friends out!See omnystudio.com/listener for privacy information.
08/12/2331m 45s

Tax Planning to Shrink What You Owe w/ Sean Mullaney #758

Don’t believe long-term tax planning is crucial? Here’s a new way to think about it: picture having a slow leak in one of your tires. Well if you just noticed your tire looking a bit flat, then of course head to Costco for some free air, get that tire back up to pressure, and move on with your day – it's a quick and effective short-term solution. But also keep in mind that you’ll have to eventually figure out a permanent solution, whether it’s a plug or a new tire that’ll last you for years. You could keep kicking the can down the road and opt for the quick top-off, but eventually that shortsighted fix will cost you more in wasted time than addressing the problem at hand properly. Similarly, if you’re only looking for ways that you can pay as little tax as possible for this year alone, then you’re missing the forest for the trees. We’re pumped to be talking with our friend Sean Mullaney about minimizing tax liabilities on the podcast today. Sean, a fiduciary financial advisor who writes at FITaxGuy.com, will be delving into both year-end moves and longer-term tax strategies, discussing when he prefers traditional over Roth, upcoming changes to 401k accounts, the best retirement accounts for solopreneurs, and much more!   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Petit MC by Monday Night Brewing – a big thanks to Ryan for donating this one to the pod! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!   The discussion is intended to be for general educational purposes and is not tax, legal, or investment advice for any individual. Joel, Matt, and the How to Money podcast do not endorse Sean Mullaney, Mullaney Financial & Tax, Inc. and their services. See omnystudio.com/listener for privacy information.
06/12/2352m 56s

Ask HTM - Down Payment vs Investing, Financial Calculators FTW, & the Best High Yield Business Account #757

Let’s dive into the week with some fresh listener questions we have lined up for you! And don't just stand on the sidelines- if you have a question you’d like us to answer, toss your voice memo our way. It only takes about 90 seconds to record and you can find a step by step guide over at HowToMoney.com/ask . Regardless of how random or bizarre you might think it is, we want to hear it!   1 - What is the best high yield business account that also pays the highest rate of interest? 2 - How can I use a financial calculator to project my finances if I have a variable income? 3 - As rental property owners, what are your favorite ways to find and screen tenants? 4 - Should I pause my retirement investing in order to more quickly save up a home down payment? 5 - I’m sick of giving folks meaningless stuff around the holidays. Ideas for incorporating nontraditional gifts?   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Green Flowers by Other Half Brewing- a big thanks to Jason for sending this one our way! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
04/12/2356m 18s

Friday Flight - Formerly FIRE, Fast Food Inflation & Happiness Ain’t Cheap! #756

Time for a Friday Flight- our little sampling of the week’s financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil them down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: Spotify wrapped gratitude, good IRS news for gig workers, happiness ain’t cheap, formerly FIRE, bougie babies, fast food inflation, a tipping game plan, avoiding airfare fees, & student loans aren’t a foregone conclusion.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money. Have an awesome weekend!   Best friends out!See omnystudio.com/listener for privacy information.
01/12/2334m 41s

FAFSA Hacks to Curb College Costs w/ The FAFSA Guru #755

Today we're diving into the dollar-saving-world of the Free Application for Federal Student Aid, better known as the FAFSA (which has seen some significant changes this year). Other than the cost of a hospital visit, nothing has skyrocketed in price like college tuition and fees over the past 20 years. You think your house or your new car is crazy expensive? Nope, just wait until your kid starts looking at colleges- that’s when the real sticker shock kicks in! And that’s why we’re excited to be joined by Tina Steele who is known as The FAFSA Guru. Tina is an expert when it comes to financial aid- she has decades of experience whether she was directly working for different public and private universities, leading a statewide initiative in Maine helping disadvantaged students to pursue college, or creating incredibly valuable videos for her YouTube channel. Today we discuss the critical changes to the FAFSA, who those changes helped and who they hurt, costly mistakes that divorced parents make, the best strategy for appealing a financial aid offer, and other tactics for curbing college costs.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Blue Crab Special Reserve by Other Half Brewing- a big thanks to Jason for sending this one our way! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
29/11/2349m 50s

Ask HTM - Switching Banks for an Extra 1%, How Much to Spend on a Car, & A Primary Residence to Investment Property Conundrum #754

We’re kicking off the week by answering your listener questions! And if you have a question that you’d like for us to answer on the show, we’d love for you to submit your own via HowToMoney.com/ask , send us your voice memo. Regardless of how random or bizarre you might think it is, we want to hear it!   1 - With Mint shutting down, do y’all have any recommendations for new budgeting software? 2 - Should I convert my primary residence into an investment property as I’m moving out of town? 3 - As a contract worker, what are the benefits of opening a solo 401k in order to achieve my investing goals? 4 - How much should I spend on a new car and what’s a good strategy for saving up for it? 5 - Is it worth switching banks for an extra 1% in interest?   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Green City by Other Half Brewing- a big thanks to Jason for sending this one our way! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
27/11/2357m 0s

Friday Flight - Black Friday Flaws, 401k Fails, & You’re Buying the Wrong EV #753

Time for a Friday Flight- our little sampling of the week’s financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil them down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: two years of flying for free, Black Friday flaws, return policies and travel deals, Hyundai “Add to Cart”, commuting alternatives, micromobility and the wrong EVs, sports betting infecting college students, easier to compare financial aid offers, overpriced cell phone plans, inflated insurance, 401k fails & hardship withdrawals.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money. Have an awesome weekend!   Best friends out!See omnystudio.com/listener for privacy information.
24/11/2334m 51s

Effective Altruism & Giving Well w/ Elie Hassenfeld #752

Here on the podcast we're always on the lookout for the biggest bang for our buck. Picture this: you, in the grocery store aisle, pondering the cosmic significance of toilet paper prices and whether the fancy stuff is going to be worth it! Or maybe you’re weighing a couple job offers: you're not just negotiating salary, you're out there considering the 401k match, turning job hunting into a strategic sport! We're all about optimizing our lives for maximum value, but are we extending this same strategic approach to the dollars we give to charity? Maybe... or maybe not! That's why we've roped in the philanthropic virtuoso, Elie Hassenfeld, co-founder of GiveWell, a nonprofit committed to finding charities that perform life-saving and life-improving work without breaking the bank. It’s financial optimization meets world-saving wisdom. Listen as we discuss the founding of GiveWell, the ways some charities have fallen short, SBF and his impact on effective altruism, Elie’s rule of thumbs for how much to give, if it’s OK to give locally even if it doesn’t have the biggest impact, and plenty more!   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Chonk-ibal by Other Half Brewing- a big thanks to Jason for sending this one our way! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
22/11/2349m 32s

Ask HTM - Helping Family Regain Financial Footing, Mobile Home Upgrades, & Tax Loss Harvesting For Everyone #751

We’re kicking off the week by answering your listener questions! And if you have a question that you’d like for us to answer on the show, we’d love for you to submit your own via HowToMoney.com/ask , send us your voice memo. Regardless of how random or bizarre you might think it is, we want to hear it!   1 - Is tax loss harvesting more trouble than it’s worth or am I missing something? 2 - Should I take out a HELOC on my mobile home that has experienced a tremendous amount of growth in equity? 3 - How can I help a family member who has struggled with medical debt to regain their financial footing? 4 - Is opening a 529 account at my local credit union a good idea?   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Broccoli by Other Half Brewing- a big thanks to Jason for sending this one our way! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
20/11/2348m 34s

Friday Flight - Chasing Returns, Free Refis, & Ridiculous Ramsey Rants #750

Time for a Friday Flight- our little sampling of the week’s financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil them down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: why NOW is the time to apply for a Southwest Rapid Rewards card, chasing the market, actually investing your HSA dollars, ADU financing options, free refinances on the horizon, slippery slope of credit card use, ridiculous Ramsey rants, stalling on Social Security, Vanguard passing on BTC, & higher standard deductions!   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money. Have an awesome weekend!   Best friends out!See omnystudio.com/listener for privacy information.
17/11/2330m 25s

Holiday Shopping Without the Hangover w/ Julie from DealNews #749

Hold on to your holiday hats because Americans are gearing up to break the spending records this holiday season! Deloitte reports an expected 14% increase in spending compared to last year, with the average consumer spending just over $1,600 on gifts and goodies. We’re entering peak shopping season and who doesn’t want to make sure they’re getting the absolute best deal possible?! That’s why we’re excited to be speaking with Julie Ramhold who is a consumer and senior staff writer for DealNews. With nearly a decade of deal-hunting expertise, Julie ensures we all part with as little cash as possible while still getting the stuff we want. Listen as we discuss the secrets of price matching, unveil the items to steer clear of, explore the world of refurbished products, dive into Julie's gift card wisdom, and much more in today's episode!   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Hazy Dry Hopped Sunset With Yuzu Fruit by Tumbleroot Brewery- a big thanks to Bob for donating this one to the pod! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
15/11/2357m 22s

Ask HTM - Vital Insurance That’s Not On Your Radar, Budgeting w/ A Variable Income, & Taxes Owed When You Sell Your House #748

We’re kicking off the week by answering your listener questions! And if you have a question that you’d like for us to answer on the show, we’d love for you to submit your own via HowToMoney.com/ask , send us your voice memo. Regardless of how random or bizarre you might think it is, we want to hear it!   1 - How do I go about creating a budget with a highly variable income? 2 - As new parents we want to start saving money into a 529 plan but how much should we aim to invest? 3 - Avoiding capital gains when selling a primary residence? 4 - Should most folks have long term disability insurance? 5 - Taking advantage of “3 paycheck months”!   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Malpais Stout by La Cumbre Brewing- a big thanks to Bob for donating this one to the pod! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
13/11/2351m 46s

Friday Flight - Pressure To Go Paperless, The Subprime Tax, & A Priceless Privacy App #747

Time for a Friday Flight- our little sampling of the week’s financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil them down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: the most affordable eyeglasses around, pressure to go paperless, learning from buyers remorse, the shopping social network, #dupe, BNPL for travel?, the rise of Apple Pay Later, 8 figures needed for financial freedom?, the subprime tax, a priceless privacy app, & holiday shopping stats.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money. Have an awesome weekend!   Best friends out!See omnystudio.com/listener for privacy information.
10/11/2332m 40s

Crypto’s Wild Rise and Staggering Fall w/ Zeke Faux #746

Aside from the fact that cryptocurrency has lost its luster in recent years, it also has a host of other problems. First of all there’s the climate issue since crypto requires a ton of energy. Then there’s the trust issue because without trust you don’t have widespread adoption and what good is crypto if there isn’t a critical mass of users? And then on top of that you add the recent developments of Sam Bankman-Fried’s conviction of stealing billions of dollars from customers at FTX. Knowing that money laundering and wire fraud were being committed… that doesn’t build trust! Every transaction seems like a scam waiting to happen, and few folks know this better than our guest Zeke Faux. We’re lucky to be joined by Zeke as he has documented the rise and fall of crypto over the past few years in his new book Number Go Up, which took him everywhere from El Salvador, to Cambodia, and ultimately SBF’s penthouse in the Bahamas.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Desert Fog by Marble Brewery- a big thanks to Bob for donating this one to the pod! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
08/11/2347m 50s

Ask HTM - Are FSAs Worth The Hassle, Making Too Much for a Roth, & Mentally Shifting from Saver to Spender #745

We’re kicking off the week by answering your listener questions! And if you have a question that you’d like for us to answer on the show, we’d love for you to submit your own via HowToMoney.com/ask , send us your voice memo. Regardless of how random or bizarre you might think it is, we want to hear it!   1 - What are the tax consequences of selling a single stock within my Roth IRA? 2 - How do I shift my mindset from saver to spender as I enter my retirement years? 3 - I’m getting close to making too much money to qualify for a Roth- how can I avoid that income threshold? 4 - Will closing a bank account that I’ve had since my teenage years hurt my credit score? 5 - Are Flexible Spending Accounts (FSA) worth the hassle?   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Blood Orange Double Wit by Ponderosa Brewing- a big thanks to Bob for donating this one to the pod! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
06/11/2353m 40s

Friday Flight - Top Tier Gas, Credit Freeze Failure, & Bad News for Budgeters #744

Time for a Friday Flight- our little sampling of the week’s financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil them down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: higher 401k and IRA contribution limits, the eternal war against consumption, financially fasting, pumping the brakes on credit limit increases, top tier gas, when to splurge for ethanol free gas, airfare hacks leading you astray, higher credit scores and higher levels of debt, credit freeze failures, realtor fees revolution, legacy banks making bank, & bad news for budgeters.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money. Have an awesome weekend!   Best friends out!See omnystudio.com/listener for privacy information.
03/11/2335m 4s

Prenups Are For Lovers w/ Aaron Thomas #743

We’re guessing that the title of this episode may have come as a shock to a lot of folks! If you’ve been listening to the show for a while, you may have picked up on the fact that we haven’t been the biggest proponents of prenuptial agreements… but let’s see if our guest today can change our minds! We’re joined by Aaron Thomas, a graduate of Harvard Law, who also happens to live in our old neighborhood in Atlanta. Aaron is a divorce attorney with decades of experience and his clients range from NBA hall of famers, to the average couple who lives down the street from you. He founded Prenups.com and he’s recently published a new book: The Prenup Prescription, where he argues that a proper prenup can not only protect, but actually improve your relationship. Today we discuss the increasing acceptance of prenups, the importance of marriage for society, the contractual obligations of getting married, whether a prenup does more harm than good, how to start conversation about prenups with your partner, & if a postnup is something you should consider.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Southern Hemisphere Pilsner by Second Street Brewery- a big thanks to Bob for donating this one to the pod! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
01/11/2352m 56s

Ask HTM - Avoiding Financial Skeletons, Gross OnlyFans Feet Pics, & Cutting Funeral Costs #742

We’re kicking off the week by answering your spooky listener money questions! And if you have a question that you’d like for us to answer on the show, we’d love for you to submit your own via HowToMoney.com/ask , send us your voice memo. Regardless of how random or bizarre you might think it is, we want to hear it! And since this episode wasn’t a traditional Ask HTM episode, let’s mention that we answered and covered a lot of different questions and comments like: favorite seasonal beers, making your own costumes to save, more affordable ways to have fun at Halloween, cutting costs on funerals, overcoming spooky feelings of guilt and taking a vacation, Pumpkin Spice Lattes, financial skeletons in the closet, Halloween arbitrage, gross OnlyFans feet pics, trick or treat candy exchange rate, our favorite scary movie, & repurposing leftover candy.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Social Hour by Santa Fe Brewing- thanks for donating this one to the podcast Bob! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
30/10/2357m 58s

Friday Flight - Married Money Mistakes, Expensive IPAs, & A Better Way To Open Enroll #741

Time for a Friday Flight- our little sampling of the week’s financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil them down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: gamifying your thermostat, car loans come calling, a Thanksgiving dinner gameplan, married money mishaps, a great time to buy a house?, rent vs own, big on smaller homes, down payment assistance, IRS tax filing options, a better way to enroll, & expensive IPAs.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money. Have an awesome weekend!   Best friends out!See omnystudio.com/listener for privacy information.
27/10/2328m 1s

Preparing for the Unthinkable w/ Chanel Reynolds #740

Dying without the proper documents in place can cost your loved ones a ton of money! The latest research shows that probate can easily take a 3% to 7% bite out of your estate. And this is a topic that’s been on our minds for months since episode 704, when we had our wives on the podcast. We realized that the ladies might have a general idea of what to do if one of us died, but for the most part they would be rudderless since both of us handle the bulk of our finances in both of our families. That’s why we’re pumped to talk with Chanel Reynolds who has been on a mission for the past decade, to help folks do what she wished she’d done, before life takes a detour. Chanel founded GetYourShitTogther.org and she authored the book “What Matters Most”, both dedicated to help folks to prepare to face the inevitable reality of death. We discuss digital hygiene and staying organized with your accounts and passwords, key estate planning documents, using online software vs hiring an attorney, beneficiaries and transfer on death deeds, how to effectively approach conversations with family, funeral preparations, and much more!   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Megalodon American Imperial Red which was homebrewed by listener Greg- thanks for sharing! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
25/10/2357m 14s

Ask HTM - Slashing the Grocery Bill, Life Insurance in Your 20s, & Public Sector Employee FIRE #739

We’re kicking off the week by answering your listener questions! And if you have a question that you’d like for us to answer on the show, we’d love for you to submit your own via HowToMoney.com/ask , send us your voice memo. Regardless of how random or bizarre you might think it is, we want to hear it!   1 - Is an eSIM provider like Airalo legit and a good way to use my phone when traveling abroad? 2 - How do I supplement my pension if I want to retire early from my teaching career? 3 - What are the pros and cons of getting a permanent life insurance policy that my friend is selling? 4 - Some of the best ways to slash your grocery bill! 5 - ‘Mentally arriving’ vs ‘financially arriving’ and overcoming hurdles to actually spend your money!   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Strawberry Lemonade Sunset by Inner Voice Brewing! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
23/10/2353m 54s

Friday Flight - Cheap Ugly Homes, Scam Susceptibility, & Timeshares Making A Comeback #738

Time for a Friday Flight- our little sampling of the week’s financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil them down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: if Broadway Roulette is frugal or cheap, mediocre matches, millennial millionaires, status quo-ing your way to wealth, scam susceptibility, cheap ugly homes, $1 houses, timeshares making a comeback, fee transparency, it shouldn’t cost money to get money, old phones are still secure, & social media diets.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money. Have an awesome weekend!   Best friends out!See omnystudio.com/listener for privacy information.
20/10/2333m 55s

Mental Health is Financial Health w/ Aja Evans #737

The fundamentals of personal finance aren’t all that complicated- there’s a reason why we came up with the Money Gears: 7 straight forward steps to take with your money. We could probably boil it down even more: spend less than you make, and invest the rest! So while the core principles of growing wealth are fairly simple, then why aren’t more Americans handling their money better? One reason is because we, as individuals, are incredibly complex! And that complexity can lead to a disconnect between what we know we should be doing with our money, and what we actually end up doing. Sometimes we need someone to guide us, which is why we’re excited to talk with Aja Evans. Aja is a Licensed Mental Health Counselor with over 10 years of experience and she works to help people move toward financial wellness by understanding their relationship with money, their money mindset, and how their feelings impact what they do with their money. And today we discuss confronting our money beliefs, social media’s impact on our finances, financial trauma, setting boundaries, and more!   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Quality Time by Inner Voice Brewing! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
18/10/2352m 44s

Ask HTM - Distinctive Robinhood IRA Match, SAVE Plan Costing More, & Hunting for a $5k Car #736

We’re kicking off the week by answering your listener questions! And if you have a question that you’d like for us to answer on the show, we’d love for you to submit your own via HowToMoney.com/ask , send us your voice memo. Regardless of how random or bizarre you might think it is, we want to hear it!   1 - Is it worth paying for Robinhood Gold in order to snag the higher match they offer on IRAs? 2 - Should my husband remove himself as an authorized user from his mom’s credit card that has a large balance, even if it’s his oldest line of credit? 3 - Does it make sense to switch to the new SAVE plan to save $6 a month if we’re expecting our incomes to rise? 4 - How can I find a decent $5,000 car- is it even possible?   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed an Icelandic Wee Heavy Einstok Olgerd! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
16/10/2352m 22s

Friday Flight - Atrocious Autopay, High Cost of WFH, & IRS Comes For Savers #735

Time for a Friday Flight- our little sampling of the week’s financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil them down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: Meta resuming credit card fees for donations, a direct EV tax credit, annual cost of car ownership, declining rates of bicycling, the high cost of WFH, atrocious autopay, projected Christmas spending, IRS coming for savers, the fall of financial advisors, & DIY’ing your way to wealth.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money. Have an awesome weekend!   Best friends out!See omnystudio.com/listener for privacy information.
13/10/2330m 59s

Turning Thousands Into Millions w/ Paul Merriman #734

Sure you could simply invest in a target date fund, or even take the more aggressive path by going all-in on equities and investing solely in the S&P 500. But what if that means you’re potentially leaving millions on the table by the time you reach retirement? That’s the question at the center of our conversation today with our guest Paul Merriman. He is the author of eight books, has a regular column at MarketWatch, is a legend in the DIY investing arena, and is an advocate of the Two Funds for Life investing strategy. That strategy outperforms the S&P and we discuss how you’re able to do that with small-cap value stocks! After Paul retired from his wealth management firm he founded the Merriman Financial Education Foundation a little over a decade ago. Of course it’s a non-profit, and is “dedicated to providing comprehensive financial education to investors at all stages of life” which is a mission that really resonates with us- he wants individuals to be informed and to understand how much they might be missing out on. We look at the historical data and it’s convincing enough that we might be changing how it is that we invest for our future!   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Discipline Dubbel by Bold Monk! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
11/10/2358m 5s

Ask HTM - Societal Impact of Credit Card Fees, Auto Transfer vs Auto Invest, & Shielding Your Credit Report from a Bill in Collections #733

We’re kicking off the week by answering your listener questions! And if you have a question that you’d like for us to answer on the show, we’d love for you to submit your own via HowToMoney.com/ask , send us your voice memo. Regardless of how random or bizarre you might think it is, we want to hear it!   1 - I have a recurring transfer to my Roth IRA but is that money actually invested? 2 - How do I keep a bill in collections from hitting my credit report? 3 - Should my life insurance death benefit be based on my outstanding debts or on a multiple of my annual income? 4 - If the societal impact of credit card fees are so negative, shouldn’t we avoid using them altogether?   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Walk on Water White by Bold Monk! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
09/10/2351m 6s

Friday Flight - 4 Day Work Weeks, AI Investing, & Diamonds are for Suckers #732

Time for a Friday Flight- our little sampling of the week’s financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil them down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: avoiding Disney at Christmas, four-day workweeks vs remote work, Project Nile launching an AI shopping experience, investing in AI, Costco gold bars, diamonds are for suckers, Shaq’s Shop, calling the cops on your king crab, finfluencer whac-a-mole, & mortgage rates surging towards 8%.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money. Have an awesome weekend!   Best friends out!See omnystudio.com/listener for privacy information.
06/10/2332m 51s

The Myth of the Broke Millennial w/ Dr. Jean Twenge #731

There’s a massive difference between how something feels versus the actual reality. We’re talking about vibes as opposed to empirical evidence. And that’s why we’re happy to talk with Dr. Jean Twenge who is a professor of psychology over at San Diego State University. She has researched the personal finances of the different aged cohorts and few experts have addressed the topic of generational change as well as she has. Dr. Twenge has written multiple books on the defining characteristics of specific generations- she did that in her book iGen where she focused on Gen Z, and her latest book, Generations, covers the oldest Silent Generation to the youngest Polars. And an article that she wrote in the Atlantic really caught our eye, because not only did she write about our generation, but she spoke directly to the wealth accumulation of Millennials which of course we found particularly fascinating. Today we discuss generational stereotypes, the impact of individualism and technology on wealth, some of the bigger financial obstacles we face today that our parents didn’t have, the ‘slow life strategy’ and what that means for Gen Z, plus much more!   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed an Icelandic Arctic Pale Ale by Einstok Olgerd! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
04/10/2352m 56s

Ask HTM - (Gun) Hobby Spending Disagreements, Int'l Roaming with the Low Cost Providers, & Managed Retirement Accounts FTW? #730

We’re kicking off the week by answering your listener questions! And if you have a question that you’d like for us to answer on the show, we’d love for you to submit your own via HowToMoney.com/ask , send us your voice memo. Regardless of how random or bizarre you might think it is, we want to hear it!   1 - Should I exit a managed retirement account even though I have seven figures in there? 2 - Is there any benefit to paying off a mortgage earlier in the life of the loan as opposed to later? 3 - What should I keep in mind as the new owner of the house next to me is planning to rent it out? 4 - How should I approach a gun hobby spending disagreement with my spouse? 5 - International roaming with the low cost cellular providers- Mint Mobile or someone else?   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed an Icelandic Arctic Lager by Einstok Olgerd! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
02/10/2350m 41s

Friday Flight - Student Loan Payment Panic, Hottest Job Prospects, & Drug Discounts #729

Time for a Friday Flight- our little sampling of the week’s financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil them down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: negotiating a FAT raise, student loan payment panic, retailers nervous about declining consumer confidence, holiday hiring, jobs poised for the most growth, elusive medallion status, more mediocre media, inertia bias costing you monthly, drug discounts, & the best affordable new and used cars.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money. Have an awesome weekend!   Best friends out!See omnystudio.com/listener for privacy information.
29/09/2330m 56s

Family First Entrepreneurship w/ Steve Chou #728

The term “hustle” might be synonymous with “entrepreneur” for a lot of folks. And they might be interchangeable because it certainly does take hard work to get your own business off the ground, but it doesn’t have to mean giving up everything else that’s important to you along the way. Steve Chou is our guest today and he’s launched multiple businesses- everything from an eCommerce site, to an online course, to an annual conference, and he wants everyone to consider how they can achieve financial freedom by starting their own businesses… but not the kinds of businesses where growing, scaling, and maximizing revenue is the goal. Instead it’s all about discovering a business that works for your goals and your lifestyle, and that’s what Steve writes about in his book The Family First Entrepreneur. We discuss coming up with an idea for a business, having priorities other than work, transitioning away from a day job, what holds some folks back from getting started, and plenty more!   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed an Ubu Ale by Lake Placid Brewery- a big thanks to the RAD Coaches, Rebecca & Dylan! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
27/09/2350m 18s

Ask HTM - Inflating the 25x Rule, Online Car Refinancing, & Affordable ADUs #727

We’re kicking off the week by answering your listener questions! And if you have a question that you’d like for us to answer on the show, we’d love for you to submit your own via HowToMoney.com/ask , send us your voice memo. Regardless of how random or bizarre you might think it is, we want to hear it!   1 - How should I account for inflation when using the 25x rule to forecast my retirement? 2 - Are sites like RateGenius and Autopay legit places to refinance my car? 3 - I have the cash on hand to build an Accessory Dwelling Unit (ADU), but should I use a construction loan instead? 4 - Should I stick $6,500 into a Roth IRA, a Health Savings Account, or a 457b? 5 - Listener win: reaching out directly to a company resulted in cash in my mailbox!   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Festbier by Bold Monk Brewing Co! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
25/09/2353m 3s

Friday Flight - EV Incentives, Fund Fee Battles, & Reward Deficiency Syndrome #726

Time for a Friday Flight- our little sampling of the week’s financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil them down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: silly celly carrier promos, total cost of iPhone ownership, ACH autopay tradeoffs, super off peak EV incentives, the best month to buy a home, fund fee battles, the shockingly simple math of compounding returns, financially illiterate kids, rewards deficiency syndrome, & short lived highs from stuff vs enduring fulfillment from relationships.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money. Have an awesome weekend!   Best friends out!See omnystudio.com/listener for privacy information.
22/09/2336m 32s

Debt-Free Degrees w/ Jason Brown #725

Student loan debt is good, and credit card debt is bad… right? Well not so fast. What if an undergrad drops out halfway through school with no degree to show for it, and the credit card spender uses their card to pay for a car repair, which in turn allows them to keep their job? It’s not always a clear-cut answer! But with student loan repayments firing back up, we felt it was a good time to question whether student loans are even necessary at all. And we’re excited to talk with a friend of ours, Jason Brown, about how more folks should pursue a debt-free degree. Jason has firsthand experience having earned not only one, but two debt-free degrees and we discuss how you or your kids can do it as well. We discuss the changing value proposition of college, working multiple jobs, scholarship, employer education benefits, eschewing expensive dream schools, dual enrollment, and more!   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Prophetmaker by Burial! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
20/09/2353m 39s

Ask HTM - Student Loan Forgiveness Gray Area, Getting an Umbrella Policy, & Investing in Gold #724

We’re kicking off the week by answering your listener questions! And if you have a question that you’d like for us to answer on the show, we’d love for you to submit your own via HowToMoney.com/ask , send us your voice memo. Regardless of how random or bizarre you might think it is, we want to hear it!   1 - After recently purchasing a home, I’m having a difficult time budgeting… help! 2 - Should we pay on our student loans if we’re pretty sure they’ll be forgiven next year? 3 - Is gold and silver bullion a good investment? 4 - Umbrella insurance policies… when does it make sense to purchase one?   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a PranQster by North Coast Brewing- thanks for donating this one to the podcast Greg! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
18/09/2351m 15s

Friday Flight - Surge Pricing for Beer, Majors Over Pedigrees, & The Death of Privacy #723

***Beers on us, today at Inner Voice Brewing, 4-8pm, we'll see ya there!***   And speaking of beers, it’s time for a Friday Flight- our little sampling of the week’s financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil them down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: latest greatest iPhone, stickier high inflation, beer surge pricing, majors over pedigrees, investing in all the wrong ways, the downside of shopping for insurance coverage, (the death of) car privacy, fixed rates vs ARMs, & assumable mortgages.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money. Have an awesome weekend!   Best friends out!See omnystudio.com/listener for privacy information.
15/09/2332m 36s

Military to Millionaire w/ Lacey Langford #722

Only 9% of young Americans have shown an interest in serving in the military according to the latest figures- we’ve seen a precipitous drop which means that our nation’s security could be at risk in the future. And not only that but when you look at it through a simple economic lens, the lower the supply (in this case of individuals willing to serve), the higher the benefits those individuals will receive. So not only are new enlistees fulfilling a patriotic duty, but they also have the opportunity to reap some serious financial rewards as well. That’s why we’re pumped to talk with Lacey Langford on the podcast- she’s a veteran, a milspouse, and an Accredited Financial Counselor with over 15 years of financial planning, counseling, and coaching experience. Today we talk about the host of financial benefits from serving our country and joining the military: Thrift Savings Plans, pensions, the GI Bill that pays for college and other training, tax avoidance, free healthcare, and more!   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a 100% Lambic Bio Geueze by Cantillon! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
13/09/2355m 13s

Ask HTM - Work Provided Life Insurance, Compounding Returns with a 401k True-Up, & Selling a Home to an iBuyer #721

We’re kicking off the week by answering your listener questions! And if you have a question that you’d like for us to answer on the show, we’d love for you to submit your own via HowToMoney.com/ask , send us your voice memo. Regardless of how random or bizarre you might think it is, we want to hear it!   1 - Should I sell my house to an iBuyer? 2 - Is my work provided life insurance enough or should I go ahead and get an affordable policy while I’m young? 3 - My 401k has a ‘true-up’ feature but does investing just once, at the end of the year, stymie compounding returns? 4 - Does it make sense to build a brand new house and then rent it out as an investment property? 5 - How can I grow my podcast- how did y’all grow your podcast audience?!   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Chubby Unicorn by Common Space! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
11/09/2358m 35s

Friday Flight - Short-Term Rental Smackdown, Negative Nellies, & Donation Dilemmas #720

Time for a Friday Flight- our little sampling of the week’s financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil them down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: short-term rental smackdowns, Airbnb hosting considerations, zoning’s impact on the cost-of-housing crisis, negative nellies, more expensive health insurance, bankruptcy lawyers making bank, pros and cons of a cashless society, donation dilemmas, & proactively giving.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money. Have an awesome weekend!   Best friends out!See omnystudio.com/listener for privacy information.
08/09/2337m 27s

Time > Money w/ Ben Miller #719

Time is easily our most precious resource, but rarely do we pay much attention to what it is that we’re going to spend our minutes and hours, which inevitably turn into weeks and years. And if you completely fail to do this, you end up as the proverbial careerist, looking back at the wasted decades, wishing you would’ve done something differently. And our guest today, Ben Miller, actually did shake things up- he traded a position on Wall Street with Goldman Sachs for a fulfilling life out in Colorado. He chose meaning over money, and he’s on a quest to help others to discover what a fulfilling life is for them with the app he’s developed: ChroniFI. We discuss nerdy board games, what caused Ben to make the pivot out west, finding work/life balance as an entrepreneur, why earning a ton of money is only one half of the equation, how to figure out what to spend your money on, determining whether to spend on ‘convenience’, and plenty more!   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Apri-Guav Tastee by The Veil! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
06/09/2351m 33s

Ask HTM - Renovating While Paying Off Student Loans, 529 Strategy For Immediate Use, & Popular Banks Get Downgraded #718

We’re kicking off the week by answering your listener questions! And if you have a question that you’d like for us to answer on the show, we’d love for you to submit your own via HowToMoney.com/ask , send us your voice memo. Regardless of how random or bizarre you might think it is, we want to hear it!   1 - How much cash should I keep liquid as I’m looking to renovate my home and pay off student loans? 2 - Are medical expenses incurred by my family members reimbursable via my health savings account, decades into the future? 3 - As a recent divorcee, should I use my emergency fund or a maturing CD to eliminate my credit card debt? 4 - Should I be concerned that my bank received a “negative outlook” by Moody’s? 5 - I’m getting my MBA and am wondering if I should save up those tuition dollars in a 529 account or my high yield savings?   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a These Are Depictions of Yet Another Revolutionary Absence, which was a collaboration by Burial & 8th State! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
04/09/2355m 36s

Friday Flight - Airfare-Booking Sweet Spot, Worthless Work, & 1% Down Mortgages #717

Time for a Friday Flight- our sampling of the week’s financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil them down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: T-Mobile autopay workaround, flight-booking sweet spot, skiplaggers beware, fancy airline seat upgrades, utilizing Instacart to save, worthless work, autonomy over pay, 1% down mortgages, rate forecasts, dropping homeowners insurance to save, & the best time to buy an iPhone.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money. Have an awesome weekend!   Best friends out!See omnystudio.com/listener for privacy information.
01/09/2332m 33s

Avoid & Combat Crushing Medical Debt w/ Dr. Virgie #716

Our guest today has a three step process that will ensure that you’re paying as little as possible for your medical care! This is good to know because the leading cause of personal bankruptcy is… you guessed it, medical bills! An estimated 100 million Americans have amassed nearly $200 billion in medical debt, and nearly 1 in 5 adults have medical debt in collections according to a study by the Journal of the American Medical Association. And that’s why we’re happy to have Dr. Virgie Bright Ellington joining us today- as a doctor and an insurance executive, she has had an inside look at our broken healthcare system, and her book: Crush Medical Debt, outlines the steps that we need to take to ensure that we’re not paying money that we don’t owe. We discuss the most common medical bill ‘errors’, why it’s important to ask for CPT codes, what to do with the CPT codes once you have them, how to avoid getting outrageous bills to begin with, and much more today!   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Paso Fino Porter by Horsefly Brewing- thanks to Marck and Kaitlyn for sending this one our way! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
30/08/2347m 35s

Ask HTM - Side Hustle Seed Money, A Luxury Sports Car Splurge, & Early Access To Retirement Funds #715

We’re kicking off the week by answering your listener questions! And if you have a question that you’d like for us to answer on the show, we’d love for you to submit your own via HowToMoney.com/ask , send us your voice memo. Regardless of how random or bizarre you might think it is, we want to hear it!   1 - Should I draw on my Thrift Savings Plan to use as seed money for my new business? 2 - What advice would you have for me as a 16 year old who wants to start investing now so I don’t have to work forever? 3 - Do y’all think it’s a good idea to pay $50,000 cash for a new car when I currently have a car loan? 4 - Are all of my Roth 401k funds accessible penalty free, before age 59.5, after rolling them to a Roth IRA? 5 - I’m currently in Money Gear #7, should I pay off my home early or invest over the next couple of years?   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a JREAM by Burley Oak Brewing! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
28/08/2355m 33s

Friday Flight - TikTok Shop, Bitcoiners Beware, & Kitchen Appreciation Fees #714

Time for a Friday Flight- our sampling of the week’s financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil them down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: AMC stockholder perks, kitchen appreciation surcharge, swelling swipe fees, credit card rewards potentially on the chopping block, Aldi acquisitions, ghostly gift cards, unwealthy stocks, Bitcoiners beware, TikTok Shop, girl math, & canceled cheap cars.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money. Have an awesome weekend!   Best friends out!See omnystudio.com/listener for privacy information.
25/08/2333m 3s

Radical Money Advice for Couples w/ the RadCoaches #713

Finances get a little more complicated when a significant other enters the equation. There might be additional income which is nice, but don’t forget about their debt, emotional baggage around money, and independent financial goals which hopefully become shared goals! There’s no right or wrong way to do it, and that’s why we’re excited to hear from a couple- the married duo behind RadCoaches, Rebecca and Dylan! Like a lot of Americans today, they found themselves in a financial situation they were less than thrilled with, but what sets them apart is that they did something about it. Shortly after getting engaged they decided to take control of their finances and over the next 18 months they paid off over $45,000 of debt. During that process Rebecca and Dylan realized that the sense of financial freedom they were experiencing was something they wanted to share with others, and thus RadCoaches was born. We discuss better ways for couples to combine their money, what it means to be financially intimate, whether or not women specific financial advice is needed today, and plenty more!   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a White Angel by Wicked Weed! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
23/08/2351m 59s

Ask HTM - Combining Our Finances, Dental Insurance Considerations, & When Whole Life Makes Sense #712

We’re kicking off the week by answering your listener questions! And if you have a question that you’d like for us to answer on the show, we’d love for you to submit your own via HowToMoney.com/ask , send us your voice memo. Regardless of how random or bizarre you might think it is, we want to hear it!   1 - I’m considering getting dental insurance- is it worth it? 2 - Why should I invest when I’m making so much in my high yield savings account? 3 - Should I cancel my old whole life insurance policy? 4 - As an engaged couple, what are the best ways to budget and combine our finances? 5 - And a Frugal or Cheap: lemonade at the county fair edition!   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed an Angel of Darkness by Wicked Weed! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
21/08/2356m 5s

Friday Flight - Pet Debt, Job Hopping, & Goldilocks Cash #711

Time for a Friday Flight- our sampling of the week’s financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil them down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: gas prices on the rise, pet debt, iguana insurance, travel insurance alternative, car value tracker tool, job hoppers beware, superfluous self storage, (not so) cheap junk, a guaranteed way to lose your money, & Goldilocks cash.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money. Have an awesome weekend!   Best friends out!See omnystudio.com/listener for privacy information.
18/08/2332m 58s

Small But Mighty Real Estate Investing w/ Chad Carson #710

We’re stoked to be talking with our friend Chad Carson, aka Coach Carson, which is also where you can find him online: CoachCarson.com. We’ve known Chad for years now but just because this feels like a more casual conversation to us, that doesn’t mean that he’s not going to bring the heat! We tout the benefits of small-time real estate investing, but Chad has made it his mission, and it’s the focus of his new book: Small and Mighty Real Estate Investor. During our conversation today Chad describes his experience of living abroad for a year with his family and how investing in real estate made that possible, house hacking as a gateway drug to investing in real estate, the difference between building wealth and achieving freedom, the risk you run by discounting the ‘romance’ of a property, ways to get around the high cost of mortgage lending, why it makes sense to pay off a mortgage early, and much more!   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Zeros to Heaven West Coast IPA by Casa Agria! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
16/08/2356m 15s

Ask HTM - Medical Bill Negotiation Sites, Choosing Between a Car or House, & A Bike Commuter Frugal or Cheap #709

We’re kicking off the week by answering listener questions! And if you have a question that you’d like for us to answer on the show, we’d love for you to submit your own via HowToMoney.com/ask , send us your voice memo. Regardless of how random or bizarre you might think it is, we want to hear it!   1 - Should I pay off my car loan early or use that money for a down payment on a house? 2 - Is Goodbill a legit medical bill negotiation site worth trying? 3 - As a travel nurse that doesn’t stay with any hospital all that long, how should I approach investing for retirement? 4 - My buddy thinks it’s weird that I pay $25 for a gym membership so I can shower after my bike commute to work- frugal or cheap? 5 - Is it worth depleting my IRA if I can avoid getting a pricey  mortgage or even reduce the amount that I have to borrow?   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Kanazawa Hyakumangoku Pale Ale by Wakuwaku Tezukuri Farm Kawakita- thanks for sending this one our way Julia! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
14/08/2355m 0s

Friday Flight - Rusty Realtors, Insurance Issues, & Home Equity Expenditures #708

Time for a Friday Flight- our sampling of the week’s financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil them down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: what lengths would you go for freebies, unemployment remains near historic lows, rusty realtors, realtor fees lawsuits, homeowners insurance issues, insurers pulling from Florida & California, Roth IRA FTW, disloyal to Disney, $1T on credit cards, and home equity expenditures.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money. Have an awesome weekend!   Best friends out!See omnystudio.com/listener for privacy information.
11/08/2331m 32s

The Impending Student Loan Cliff #707

If you’ve got a weird colored mole on your shoulder that’s getting bigger- you should probably visit a dermatologist ASAP! Most health issues are best addressed sooner rather than later and you’re not doing yourself any favors by prolonging the inevitable. In fact, because you’ve kicked the can down the road so many times you might actually be worse off! And the same is true when it comes to student loans. The repayment pause was extended so many times that a third of borrowers spent the money that was previously going towards their student loans because they didn’t believe payments would resume. Well payments are resuming, but not without some relief from the new SAVE repayment plan. Today we cover what types of loans are impacted, how you can enroll, and calculating the maximum amount that you’ll pay. We’ll also cover smart ways that you can shop around for a degree, whether the “first year’s salary” rule of thumb still applies, and how your employer is eligible to pay off $5,250 annually of your student loans.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed an IPA by Wakuwaku Tezukuri Farm Kawakita- thanks for sending this one our way Julia! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
09/08/2346m 38s

Ask HTM - Employer Matched Vacation Savings, Free Credit Card Cell Phone Insurance, & Assumable Mortgages #706

We’re kicking off the week by answering listener questions! And if you have a question that you’d like for us to answer on the show, we’d love for you to submit your own via HowToMoney.com/ask , send us your voice memo. Regardless of how random or bizarre you might think it is, we want to hear it!   1 - My mom bought me a single DRIP stock when I was a kid- should I sell or hang onto it? 2 - Can I fund a brokerage account for my niece that pays dividends, in order for her to set up a Roth IRA? 3 - Should I take advantage of a vacation savings match that’s offered by my employer? 4 - Cell phone insurance that comes with credit cards: does it apply if you pay your bill annually as opposed to monthly? 5 - Is an assumable mortgage a legit way to find an affordable home?   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Kanazawa Hyakumangoku Koshihikari Ale by Wakuwaku Tezukuri Farm Kawakita- thanks for sending this one our way Julia! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
07/08/2354m 41s

Friday Flight - Sneaky BNPL Loans, Crowdfunding Kerfuffles, & America’s Credit Downgrade #705

Time for a Friday Flight- our sampling of the week’s financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil them down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: free figs, asking for a discount, signing up for SAVE, sneaky buy-now-pay-later loans, septennial car loans, pricey public water works, lousy landlines, crowdfunding kerfuffles, America’s credit downgrade, & pouring one out for Republic Wireless.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money. Have an awesome weekend!   Best friends out!See omnystudio.com/listener for privacy information.
04/08/2331m 56s

Wives & Money... Part V #704

Emily and Kate are here to give you all the dirt! Not really, but they have graciously agreed to sit down with us, the dorky husbands, to help answer listener questions that we fielded from our Facebook group. Specifically during this episode we talk about expensive vacations, challenges we’ve faced having uprooted our families over the past year, shifting household roles with grad school, resolving our own financial conflicts, combining our finances when we first got married, the ways we communicate financial goals, whether the wives know where all of our money and accounts are, favorite stores to shop, justifying luxury spending, financial impact of having kids, and plenty more!   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we all enjoyed a Madame Rose by Goose Island! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
02/08/231h 14m

Free Family Travel w/ Lyn Mettler #703

Traveling for free sounds like a lofty goal for most folks. Sure if you’re single or if you’re a DINK couple- but there’s no way you can pull that off with an entire family in tow! Well, it’s actually easier than you think and our guest, Lyn Mettler, is here to explain how. Lyn is a long-time travel journalist who has been featured on the Today Show and US News & World Report. And she practices what she preaches as she and her family travel and fly, for free, about six times every single year! We cover her simple approach, what three credit cards to focus on in order to give you the most bang for your buck, a smart approach to the Southwest Companion Pass, getting into Disney on the cheap, how to use points to erase travel expenses, and plenty more travel tips on today’s episode.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Che Si Dice by Halfway Crooks! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
31/07/2356m 39s

The Unspoken Rules Of Career Success w/ Gorick Ng (Bestie Ep) #702

Excelling in your career depends on more than just doing a great job. Just because you’re a decent software engineer, or you get the job done as a nurse- that doesn’t mean that you’ll quickly rise through the ranks. Nor does it mean you’ll automatically see big raises or year-end bonuses! That’s because there are things that managers and bosses expect of you, but they’re never explained to you. This is the basis for Gorick Ng’s best-selling book, “The Unspoken Rules: Secrets to Starting Your Career Off Right.” Gorick is a career adviser at Harvard, focusing on coaching first-generation, low-income students. But before that, he gained plenty of professional experience from working in management consulting, investment banking, and as a researcher with the Harvard Business School. Regardless of your specific job, there are plenty of soft skills and unspoken rules that you need to discover, in order to find success in your career.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile. During this episode we both enjoyed a Belgian Aloha by Olentangy River Brewing- thanks Scott for donating this one to the podcast! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
28/07/2357m 50s

What if You Won the Lottery? (Bestie Ep) #701

Winning the lottery shouldn’t be a part of your financial plan- but why are we so enthralled by the idea of winning the lottery?! On average, Americans spend over $1,000 every year for the chance to strike it rich. That’s a lot of wasted money that could be going towards literal investments. But even though we’re not going to win millions, statistically speaking, this exercise can provide some insights about the ways we want to spend our money and our time. This is helpful because there is a much higher likelihood that we would experience some sort of windfall in our lives whether that be a bonus at work, proceeds from a home sale, or even an inheritance. And if we haven’t taken the time to think through what we would do in these scenarios, there’s a good chance we could make the wrong decision in the heat of the moment. We’re going to get personal and share what we would do if we won the lottery, and we’re also going to explain how you can come up with your own money mission statement.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Crucial Crucial Taunt Taunt Enhanced by The Veil Brewing! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
26/07/2344m 59s

Ask HTM - Home Warranties, Paying Extra on a Mortgage vs Investing, & Marketing a Side Business #700

We’re kicking off the week by answering listener questions! And if you have a question that you’d like for us to answer on the show, we’d love for you to submit your own via HowToMoney.com/ask , send us your voice memo. Regardless of how random or bizarre you might think it is, we want to hear it!   1 - With a 7% mortgage, should I pay extra towards my house or invest in the stock market instead? 2 - Is a home warranty worth the money? 3 - Can I choose where I open my 401k or Roth IRA as I’m just getting started investing? 4 - Is it possible to make HSA contributions when you’re on a health sharing plan? 5 - Do you have some marketing ideas as I’m trying to ramp up my photography business?   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Data Loss by Halfway Crooks! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
24/07/2352m 25s

Friday Flight - BOA on Blast, Second Home Slip-ups, & Buses are Back #699

Time for a Friday Flight- our sampling of the week’s financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil them down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: reaching out to state insurance commissioners, BOA on blast, savers bouncing to better banks, investing in your company stock, second home slip-ups, final sale buyer beware, opting for older models to save, lower car prices ahead, tighter auto lending standards, & buses are back.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money. Have an awesome weekend!   Best friends out!See omnystudio.com/listener for privacy information.
21/07/2332m 21s

The High Cost of Crappy Credit #698

Think back to the last time you lost power at your place. I’m sure it was an inconvenience- it was likely annoying to find yourself walking into a room and reflexively reaching for the light switch, even though the power was out. But the real problem with an outage are the downstream effects it has: food in the fridge spoils, traffic is a nightmare if the stoplights are out, folks even die due to extreme heat or cold. We’re less worried about a power outage and more worried about the mayhem that ensues. And in a similar way we’re less worried about silly credit scores and more worried about the negative impact that a crappy score can have on much of your personal finances. Listen as we discuss our stance on taking out loans, the high cost of neglecting your credit, and steps that you can immediately take in order to mitigate the knock-on effects of crappy credit.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Grapefruit Radler by Halfway Crooks Beer! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
19/07/2351m 56s

Why You Need a Money Coach in Your Corner w/ Ericka Young (Bestie Ep) #697

It’s time to get your financial butt in shape! Our guest today, Ericka Young, is the financial coach that she never had! As a newlywed couple, Ericka and her husband discovered that it’s actually pretty easy to become just like the average US household that now has over $150,000 in debt. It’s the norm and if you don’t have a plan to avoid debt, you will likely find yourself falling into that trap! But that’s not the path that Ericka continued along- she was determined to change her family tree, and now helps others who are seeking financial freedom in their lives. Ericka started her company, Tailor-Made Budgets where she creates custom plans for her clients that give them the tools and the knowledge to cut their stress levels by increasing their savings and decreasing their debt. We get to hear Ericka’s debt story, how she was able to leave a high paying engineering job, signs that someone might need a financial coach, what it looks like to face your financial reality, how she helps her clients think through making trade-offs, and why friends may not be enough of an accountability partner.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Where I Want To Be Deciduous Brewing! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
17/07/2357m 56s

Joel's $ Origin Story (Bestie Ep) #696

Better know a podcast host! Oftentimes here on the podcast we talk about our daily lives. We’ll share little ways that we’re saving money, or you get to hear about our curb alert scores, and we might even talk a little too much about how much we’re riding our bikes. So if you’ve been listening for a few years you might know a good bit about us- that happens after nearly 700 episodes! But we’ve never done a deep-dive origin story on the show and what better time to do that than here at the beginning of the year. So during this episode you’ll get to learn all about Joel’s money origin story- favorite jobs as a kid, how a bankruptcy shaped his early perceptions of personal finance, switching colleges to avoid taking on more student loans, his splurge as a single professional, and pursuing financial independence through investing in real estate.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Woodland Pursuit by Humble Forager! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
14/07/2350m 23s

Matt's $ Origin Story (Bestie Ep) #695

Oftentimes here on the podcast we talk about our daily lives. We’ll share little ways that we’re saving money, or you get to hear about our curb alert scores, and we might even talk a little too much about how much we’re riding our bikes. So if you’ve been listening for a few years you might know a good bit about us- that happens after nearly 700 episodes! But we’ve never done a deep-dive origin story on the show and what better time to do that than here at the beginning of the year. Especially as we’re likely welcoming some new listeners to the fold. So during this episode you’ll get to learn all about Matt’s money origin story- how he was taught personal finance principles, his money struggles growing up, why he shouldn’t have opened a Roth IRA, and how Downton Abbey helped Matt and his wife Kate discover financial independence.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed an Athena Paradiso Blackberry by Creature Comforts! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
12/07/2351m 12s

Ask HTM - Prepaid College Plans, Maturing Savings Bonds, & Settling the Roth vs Trad 401k Debate #694

We’re kicking off the week by answering listener questions! And if you have a question that you’d like for us to answer on the show, we’d love for you to submit your own via HowToMoney.com/ask , send us your voice memo. Regardless of how random or bizarre you might think it is, we want to hear it!   1 - Are prepaid college plans a good deal or should I stick with a traditional 529 account? 2 - What should I do with some EE savings bonds that are maturing? 3 - Is college a good time for my kid to get a credit card and how important is building up his credit score? 4 - Do you guys like “return of premium” life insurance policies? 5 - Roth vs a traditional 401k - which one should I contribute to?   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Var by Halfway Crooks! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
10/07/2347m 13s

Friday Flight - Student Loans (un)Forgiven, Shamed Spenders, & Geographic Arbitrage #693

Time for a Friday Flight- our sampling of the week’s financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil them down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: prepared for Prime Day, student loans (un)forgiven, details of the SAVE plan, FTC targeting fake reviews, shamed spenders, debt counseling, geographic arbitrage, charitable giving on the decline, and optimizing your giving with Daffy.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money. Have an awesome weekend!   Best friends out!See omnystudio.com/listener for privacy information.
07/07/2331m 24s

Financial Independence Exists on a Spectrum #692

Are you ‘credit card FI’ or are you ‘sabbatical FI?’ But maybe we’re getting ahead of ourselves… First, does anyone else remember the home run obsession back in 1998? In an attempt to beat the single-season record, home runs became the only metric that anyone watching baseball seemed to care about. But what’s interesting is that most MLB games aren’t won by someone sending a 450 foot bomb to center field. It’s an all-or-nothing approach that most often leads to a strikeout and taking a seat back in the dugout. And when it comes to seeking financial freedom, one of the problems with that go big or go home approach is that it can make financial independence seem unattainable, that FI is just out of reach of the typical American and you might as well give up. And others might see it as a false dichotomy- you’re either working 80 hour weeks in order to achieve FI, or you’re sipping pina coladas on the beaches of Tahiti. But we’re here to explain how financial independence exists on a spectrum, the different levels of FI, and how you can practically begin to put your financial freedom to use.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Hayburner IPA by Big Ditch Brewing- thanks to Liz and Tyler for sending this one our way! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
05/07/2350m 15s

Why Is Insurance So Funky? with Amy Finkelstein #691

Purchasing an insurance policy is one of those seemingly boring tasks that accompanies entering adulthood. Whether it was your parents making you chip in on the higher costs of car insurance because they were now insuring a teenage driver, or seeing the health insurance deduction come out of your paycheck every two weeks. Or maybe it’s realizing that you now have folks who are dependent on your income so it’s finally time to purchase a life insurance policy. Regardless, it’s often thought of as a dull task but our guest, Amy Finkelstein, is here today to explain why insurance is more fascinating than we realize! Amy is a distinguished professor of economics at MIT, she’s a co-director at the National Bureau of Economic Research, she’s won the MacArthur Genius Grant, and now she’s written a book, “Risky Business: Why Insurance Markets Fail and What to Do About It.” In our conversation today we talk about the imperfect insurance market, the purpose of waiting periods, the types of insurance policies we should think long and hard about, and much more!   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Kon Tiki Triple IPA by LA Ale Works. And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
03/07/2355m 48s

Friday Flight - Costco’s Crackdown, Bad Vibes, & Forgotten 401k Accounts #690

Time for a Friday Flight- our sampling of the week’s financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil them down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: student loan clarity with the Chipper app, bad consumer sentiment vibes, resisting rising property taxes, YES in my backyard, Airbnb feeling the squeeze, how do I lose thee? (crypto) let me count the ways, Amazon ‘dark patterns’, forgotten 401k accounts, & Costco’s crackdown.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money. Have an awesome weekend!   Best friends out!See omnystudio.com/listener for privacy information.
30/06/2333m 56s

How Complicated Should Investing Be? #689

Have you ever renovated a home? If so, then you remember all of the decisions that you had to make that initially were a lot of fun. Paint colors, light fixtures, tile, even the kind of toilet you wanted… but eventually it gets old and you just want it done. If you can’t relate, even picking up a loaf of bread at the grocery store can be overwhelming- “Should I get honey wheat, 100% whole wheat, 13 grain, the stuff with flax?!” While it can be nice to have options, complicating things doesn’t always make them better. And when it comes to investing, the opposite is actually true. Decision fatigue is what we’re talking about and there can be so many distractions that keep us from reaching our financial goals. Lump sum vs dollar cost averaging, international stocks, ESG investing, real estate, hiring a financial advisor- these are just a few of the potential distractions that we discuss in today’s episode.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Symptom of Progeny by Burial! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
28/06/2348m 18s

Ask HTM - Paying Off Student Loans Without Dinging My Credit, DIY Tax Loss Harvesting, & Financially Preparing for a Baby #688

We’re kicking off the week by answering listener questions! And if you have a question that you’d like for us to answer on the show, we’d love for you to submit your own via HowToMoney.com/ask , send us your voice memo. Regardless of how random or bizarre you might think it is, we want to hear it!   1 - With the payment pause ending, how do I approach paying off my student loans while maintaining my credit score? 2 - Why do I need to save medical receipts for my HSA? And another: Should I tap my brokerage account for a home down payment? 3 - My car insurance rates have skyrocketed! What can I do to keep those premiums in check? 4 - We’re expecting… some big medical bills- how can we be financially prepared for having a baby? 5 - Can I DIY tax loss harvesting or is that something worth paying a financial advisor for?   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a A Generous Characterization of Those You Remember Otherwise by Burial! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
26/06/2351m 59s

Fight and WIN Against Insane Healthcare Costs w/ Marshall Allen (Bestie Ep) #687

Marshall Allen is a journalist who investigates why we pay so much for healthcare here in America, while simultaneously we receive so little in return. He is the author of “Never Pay the First Bill: And Other Ways to Fight the Health Care System and Win” and he is also the founder of Allen Health Academy, which produces a curriculum of short on-demand videos to equip and empower employees to navigate the healthcare system. Marshall has been investigating the healthcare industry for 15 years, including over a decade at ProPublica. He also teaches investigative reporting at the Newmark Graduate School of Journalism at the City University of New York. We highly recommend that you listen to this episode if you’re looking for practical ways to reduce how much you’re spending on medical costs!   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Fade Away by Cruz Blanca Brewery - thanks to Dennis and our friends at the brewery for donating this one to the podcast! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
23/06/2359m 59s

Workplace Whiplash: Hybrid Work is Here to Stay #686

The last thing you want to do when hydroplaning on a flooded road is to overcorrect, potentially sending your car veering into the opposite direction, leading to a crash. Going from one extreme to another can often lead to more harm, or at the very least it can be frustrating and that’s where the ‘laptop class’ has found itself over the past 3 years since the pandemic. We went from typical pre-pan office life when we were all none the wiser, to ‘the death of the office’ where many were working from home, and now there’s a widespread movement to finally get employees back into the office. We’re calling it workplace whiplash because we think both extremes leave something to be desired- there are certainly benefits to be had from going into the office like increased productivity and even higher levels of social health. But there are also major drawbacks to office life in the form of losses in time, health, and money. So, what should you do if your boss says it’s time to come back to the office? We discuss all that and more in today's episode!   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed A Quite Ostentatious Testimony of Nonsequiteur by Burial. And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
21/06/2351m 30s

Food Stamps to Financial Freedom with Yanely, aka MissBeHelpful #685

We’re joined today by Yanely Espinal, who is also known as MissBeHelpful in the online world of personal finance. Yanely was born in Brooklyn, she is a first generation daughter of immigrants, and even though she went to Brown University it didn’t take long for her to rack up over $20,000 in credit card debt. Academic performance doesn’t automatically mean that you know how to handle your money, and Yanely knew that she needed to make some changes! Before long she was sharing her experience online in order to help others and she parlayed her teaching career into serving as the Director of Educational Outreach at Next Gen Personal Finance. And now she’s recently published her first book: Mind Your Money. She is also currently on a political roller coaster ride across the country in order to convince lawmakers to make personal finance a high school graduation requirement. Listen as we talk about all of this and more today!   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Codebreaker West Coast IPA by Trademark Brewing. And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
19/06/2356m 40s

Friday Flight - Rents are Receding, The Bull is Back, & Legit Free Cell Service #684

Time for a Friday Flight- our sampling of the week’s financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil them down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: how the CFPB is following our lead, teens making bank, electricians making a SHOCKING amount (yep), Uber Carsharing paying out, car insurance continues to climb, crypto policing, the bull is back, rents are receding, leasing an EV could make sense, EV tax credits, & some legit free cell service.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money. Have an awesome weekend!   Best friends out!See omnystudio.com/listener for privacy information.
16/06/2331m 14s

Unique & Delightful Credit Card Benefits #683

When was the last time you were delighted by something or someone?! For Joel, it was when the tree removal company came back out to his house to re-tarp his roof AND they refunded him for it. That’s some Aldi twice-as-nice-guarantee action right there. Not only did they correct the mistake but they went above and beyond to make sure he was happy. And I think that ‘unexpectedness’ is what makes something truly delightful- when it’s a surprise. And similarly when it comes to credit cards we all know of the basic bonuses and cashback, but when you’re able to score a benefit that you weren’t expecting- that’s when the delight kicks in. And that’s what we’re discussing today- some of the lesser known but truly fun and beneficial perks to using credit cards.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Jammiest Bits of Jam by Sour Cellars! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
14/06/2350m 17s

Ask HTM - Diagnosable Money Disorders, Rising Home Values vs Wage Growth, & Saving with a 1031 Exchange #682

We’re kicking off the week by answering listener questions! And if you have a question that you’d like for us to answer on the show, we’d love for you to submit your own via HowToMoney.com/ask , send us your voice memo. Regardless of how random or bizarre you might think it is, we want to hear it!   1 - How should I respond to a girlfriend who is diagnosing my insecurities around money? 2 - Wages aren’t keeping up with rising home values- what should first time home buyers do? 3 - I’m investing some, I don’t have any savings, and I have some debt- what should I do with my money? 4 - Can I take advantage of a 1031 exchange in order to cut capital gains tax on some real estate? 5 - Should I sell my car in order to finally pay off some lingering credit card debt?   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Pyrotechnic Pleasantries by Sour Cellars! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
12/06/2357m 3s

Friday Flight - T Swift Tourism, Prime Perks, & Apple Breaks the Bank #681

Time for a Friday Flight- our sampling of the week’s financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil them down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: $3 movies, T Swift Tourism, the Messi Effect, Apple breaking the bank, instant ACH transfers, DoorDashOffWithYourMoney, Costco meat indicator, $1,000,000,000,000 in credit card debt, Prime Perks, haggling for discounts, 1% mortgage down payments, & WTD with that home equity.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money. Have an awesome weekend!   Best friends out!See omnystudio.com/listener for privacy information.
09/06/2335m 3s

The Diminishing Returns of Frugality #680

Have you ever eaten so much dessert that you thought you might puke? Or maybe you find yourself at the end of a shopping spree with too many clothes in your closet than you could ever possibly wear? In both cases we’re talking about the diminishing marginal utility that we receive from each additional item we consume- the first cup of water after a run is wonderful, but the fifteenth... less so! Diminishing returns is a common way to describe this phenomenon, and we want you to know that this applies to frugality as well. There’s a certain subset of folks who think that the best way to handle their money is to be frugal to the max. And while we would even call ourselves a couple of frugal fellas, it’s important to point out that it’s not a financial tool that fixes everything. So while we’ll be the first to point out how frugality can make you wealthier due to how quickly you can implement it and it’s long-term implications, we’re also not shy about highlighting its downsides: how it can be the result of a fear driven mindset, how focusing on expenses can distract you from thinking about income, how it can lead to a miserly existence. There’s a way you can develop a healthy embrace of frugality and that’s what we’re discussing today!   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed The Void of Perspective That Became You and Me by Burial. And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
07/06/2354m 43s

Navigating the Kinda Crazy Car Market with Car Dealership Guy #679

Used cars have APPRECIATED in value! This has never happened before and is a result of the upended car market that we’ve experienced over the past few years. And with this volatility comes a set of new challenges to navigate if you’re looking to buy or even sell a car. But fortunately for us we’re joined by our first anonymous guest on the podcast: Car Dealership Guy, who has blown up on Twitter thanks to his insider knowledge and consumer friendly advice on automobiles. CDG has been in the industry for years- starting out selling cars out on the lot to owning his own dealership and he’s now the go-to car market expert to help consumers understand whats going on. He has a podcast and he sends out car market insights to over 45,000 folks via his newsletter. We discuss how the car market got to where it is today, car manufacturers that are struggling the most, buying from a private seller vs online vs dealerships, how a trade-in might actually make sense, and much more today with the Car Dealership Guy.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Hop Reach IPA by Allagash. And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
05/06/2355m 20s

Friday Flight - Payments UNpaused, CD Laddering, & Caseless Crazies #678

Time for a Friday Flight- our sampling of the week’s financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil it down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: medical tourism frugal or cheap, student loan payments UNpaused, all the ways to budget, the rise of CD laddering, (not so) tiny homes, caseless crazies, all you can watch buffet, index funds vs Nvidia, and everything about cars is more expensive.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money. Have an awesome weekend!   Best friends out!See omnystudio.com/listener for privacy information.
02/06/2332m 16s

The Dirty Truth About Home Ownership #677

You’ve gotta wait 30 minutes to get back in the pool if you’ve eaten! Don’t pee in the pool- it’ll turn red! There are a lot of things we learned in childhood that we’ve likely discarded as false or at least irrelevant at this point. But there are probably some things we still believe because they were ingrained in our brain at an impressionable age. Similarly, there are a lot of folks clinging to the ‘American Dream’ that they should have that house surrounded by that white picket fence, why? Well in large part because it’s the financially smart thing to do. “You’re throwing away money if you're still renting!” It’s a “money fact” lodged somewhere in the recesses of our brain that we can’t shake. We think that recency bias is leading a lot of folks astray in their quest for home ownership. And of course higher mortgage rates play a role as well. On top of that, it turns out that it’s MUCH more affordable to rent in most major metros today, but how much could you save every month? But at the end of the day, if you still want to purchase a home we have a few prerequisites that you should have checked off your financial to-do list, before you start making offers.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a It Was A Time To Believe In Anything by Burial Brewing! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
31/05/2353m 5s

Ask HTM - Job Pay vs Job Passion, TikTok Mortgage Hack, & Investing More with an IUL Policy #676

We’re kicking off the week by answering listener questions! And if you have a question that you’d like for us to answer on the show, we’d love for you to submit your own via HowToMoney.com/ask , send us your voice memo. Regardless of how random or bizarre you might think it is, we want to hear it!   1 - After draining my savings to buy a home, what high yield accounts or software do you recommend to help replenish my emergency fund? 2 - More pay or more passion: how do you choose when considering a new job? 3 - Should I try a TikTok mortgage hack that puts my interest on pause? 4 - What steps should I take with my 18 year old to ensure he’s on the path to financial success? 5 - Does it make sense to get an indexed universal life insurance policy in order to boost my ability to invest?   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Delusional Deformities by Burial Brewing! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
29/05/2358m 45s

Friday Flight - Customer Centric Companies, Password Panic, & The Worst Time to Travel #675

Time for a Friday Flight- our sampling of the week’s financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil it down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: new HSA contribution limits, inertia bias leading to wasted premiums, free tax filing on the horizon, DM to save, customer centric companies, the death of ownership, DIY repairs that can kill, password panic, more affordable vacations, & the worst time to travel.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money. Have an awesome weekend!   Best friends out!See omnystudio.com/listener for privacy information.
26/05/2331m 56s

Overcoming Our Idiot Brains #674

Have you seen the meme of the guy on a bike who puts a stick in his spokes and then crashes? There are literally hundreds of different versions based on this goofy comic. For instance the first frame on one says “15 holes of good golf,” then followed by “my brain realizing I’m playing well,” as he puts the stick in the front wheel before writhing in pain on the ground. The truth is, it’s not all that hard for us to become our own worst enemy. And that reality is what makes those memes so hilarious and poignant at the exact same time. We understand the truth, we know how it is that math works, and what it is that we should do… but then we go and do the exact opposite thing. And that’s particularly true when we’re talking about money. Simply knowing how to invest won’t make you wealthy and having good intentions won’t get the job done. So today we want to talk about some of the common ways we’re conspiring against ourselves and offer an antidote to help us make the progress we’re looking to achieve. As Carl Jung said, “Until you make the unconscious conscious, it will direct your life and you will call it fate.” It’s time to dig in!   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed an End of Plagues by Burial Brewing! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
24/05/2353m 29s

Life After Financial Independence w/ The Mad Fientist #673

We had the pleasure of sitting down with our friend Brandon Ganch, who is The Mad Fientist, while we were recently traveling in Scotland! Brandon started his career as a computer programmer but then quickly added blogger, podcaster, musician, and producer to his expanding list of pursuits and interests. This is a more casual conversation but listen as you’ll learn a lot about Brandon- life events that may have shaped his view of money, how he discovered and then became a leading voice in the Financial Independence Retire Early movement, working with his wife towards financial freedom, possible regrets from pursuing FIRE, and how having a kid and growing older has changed how he now spends his money. We were especially thankful for the Ganch’s hospitality considering they had just moved into their lovely home, with a new baby, just a week before us tourists arrived on the scene!   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a delicious triple IPA that was graciously provided by Brandon: Puttty by Verdant Brewing based in the UK. And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
22/05/2349m 10s

Friday Flight - Returning Rags, Debt Ceiling Standoff, & Gold in the Attic #672

Time for a Friday Flight- our sampling of the week’s financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil it down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: (non-existent) household debt ceiling, breakfast back on the menu, freemium services getting the squeeze, a free 55” Telly, valuable VHSs, “make an offer” to save, returning rags, a coffee conundrum, bikes at a bargain, dreams of down payments, & extreme ways to lower your utilities.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money. Have an awesome weekend!   Best friends out!See omnystudio.com/listener for privacy information.
19/05/2335m 31s

Post-Graduation Money Advice for the Real World #671

Getting your driver’s license was a liberating milestone worth celebrating because it meant you no longer needed your parents to drop you off at work, or it meant that your friends didn’t need to pick you up to hang out- you had some freedom to do what you wanted! It was a period of life that was likely accompanied by significant change that we can only truly appreciate in hindsight. And as fun as it was to drive on your own for the first time, graduating high school or college is an even more momentous occasion that comes with the ability to change your trajectory in life. Or to even chart a new course that’s completely different from the one you’ve been on- in a way it’s a fresh start. And this extends to money as well because if you follow the right advice at this critical juncture, you have the ability to drastically change how your personal finances are going to look just 5 or 10 years from now. You could end up loaded with debt or you could be well along the path towards financial independence. But one of the problems is that we often don’t have a plan when it comes to our finances. So that’s what we’re discussing today: the relationship between time and money especially when you’re younger, using your money to minimize regrets, upgrading your life on purpose, and the most time-tested ways to invest your money.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed The Taken by Casa Agria x There Does Not Exist! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
17/05/2356m 54s

Ask HTM - Credit Card Strategies for Max Benefits, Keeping/Ditching a Beloved Car, & All-Cash Home Buyers #670

We’re kicking off the week by answering listener questions! And if you have a question that you’d like for us to answer on the show, we’d love for you to submit your own via HowToMoney.com/ask , send us your voice memo. Regardless of how random or bizarre you might think it is, we want to hear it!   1 - We’re converting our primary residence into our first rental property: should we hire a property manager? 2 - Should I put all of our living expenses on a 0% credit card and invest the money instead? 3 - How do I know when it’s time to switch from investing to spending my nest egg? 4 - I have a beloved Mini Cooper Countryman: should I sell it in order to achieve financial stability? 5 - Does it ever make sense to sell my house via an all-cash offer?   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Spring Thrills by Pizza Port Brewing- thanks to our buddy Joel for donating this one to the pod! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
15/05/2350m 38s

Friday Flight - Tyrannical Tipping, Insurance Increases, & Trading All The Time #669

Time for a Friday Flight- our sampling of the week’s financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil it down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: highlights from our Scotland trip, tyrannical tipping, day (and night) trading, degree requirements getting dropped, white collar apprenticeships, transfer student transgressions, stressing over your money’s safety, hiring and pay freezes, car insurance increases, fewer folks with life insurance, & medical debt dropping from credit reports.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money. Have an awesome weekend!   Best friends out!See omnystudio.com/listener for privacy information.
12/05/2336m 19s

Financial Pessimism Will Eat You Alive #668

Whether you saw some crazies doing it on TikTok or read about it in a fitness magazine, it seems like a lot of folks are giving ice baths a try. Evidently it’s supposed to be good for your health, but regardless, there are hordes of people who are intentionally soaking in ice cold water around the 55 degree range. Of course this goes completely counter to what ‘normal’ people subject themselves to. Most folks like their showers warm or even hot, and in the rare instance when you run out of hot water, it can be incredibly frustrating. But just think if you had the perspective of those folks doing cold water therapy. Cold water wouldn’t be an inconvenience but rather something that you would embrace! Your outlook can impact a host of different aspects of life: your happiness, your health, and of course it can impact your money. And especially in our country, it seems that a malaise of pessimism is keeping folks from taking the most basic money moves that could benefit their future. So during today’s episode we present evidence of increased levels of pessimism, how it affects your ability to earn/save/invest your money, and some practical tips to becoming a more optimistic person which ultimately leads to more wealth.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Stress Dissolver Blackberry by Common Space- thanks to our buddy Joel for donating this one to the pod! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
10/05/2351m 12s

The Good Enough Job with Simone Stolzoff #667

“Work will always be work. Some people work doing what they love. Other people work so that they can do what they love when they’re not working. Neither is more noble.” This is a quote from Simone Stolzoff’s new book The Good Enough Job: Reclaiming Life From Work, that’s set to publish in a couple weeks. And regardless of where you fall on that spectrum, whether you live to work, or work to live, Simone makes the argument that there are too many of us who are looking to our jobs to provide fulfillment in ways that are unhealthy. For some our careers have replaced religion, for others it’s a deep meaningful passion they’re looking for, and yet others have replaced their social circle with their office, and friends with their co-workers. We’re asking our work to wear too many hats! So today we have a great conversation with Simone Stolzoff about diversifying our identities, steps that both employers and employees can take in order to help define the ‘good enough job’, and some practical steps we can take in order to create boundaries in our pursuit of work-life balance.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Scrappalicious by Los Angeles Ale Works! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
08/05/2355m 5s

Jet-Setting for Little to No Money w/ The Points Guy Brian Kelly (Bestie Ep) #666

Since we’re taking a little vacation over in Scotland, we thought it would be a good time to re-release this episode on how you can travel for little to no money. Brian Kelly, The Points Guy himself, is joining us today on the podcast! If you’ve ever attempted some research on airline miles or credit card reward points, then there’s a good chance you’ve read an article or two over at ThePointsGuy.com. Bryan has an entire staff of writers who are all travel experts- from offices in Austin, to NY, all the way over to London. Which of course frees Bryan up to be able to spend even more of his time participating in his favorite activity- traveling. Listen as Brian shares why he’s willing to pay annual fees on 25 credit cards, what you should do if you have existing airline points, what he thinks about cashback credit cards, how to maximize the number of points you can earn, his favorite perks and benefits of travel cards, and finally his thoughts on traveling with a new baby!   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Find a thriving community of fellow money nerds by joining the HTM Facebook group! Maximize your rewards by getting the best credit card for how you spend. Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile. Don’t be cheap and forego getting a life insurance policy. Compare rates with Policygenius.   During this episode we enjoyed an Elephants on Parade by Bosque Brewing- a big thanks to Bob in New Mexico for donating this one to the show! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
05/05/231h

Preparing for a Layoff Tidal Wave #665

“Prepare the child for the road, don’t prepare the road for the child”. This is an old adage that you may, or may not agree with- but regardless, all parents understand that there is a vanishingly small window of time that they have to equip their children for the hardships they’re going to encounter in life. We don’t know exactly what kinds of crazy stuff our kids are going to encounter in the world, but we want them to be prepared for it! And the same thing is true when someone loses a job. It’s hard to know when or even if a layoff is coming, but we still have the ability to prepare ahead of time. The truth is that layoffs are happening, Fed rate hikes continue to restrain the economy, and a recession might be on the horizon. Even if the economy as a whole doesn’t tank anytime soon, there’s always the possibility that your specific company, or even your department, could be looking to cut back. So we offer our thoughts on what moves you should be making with your career, what you should be doing with your personal finances, and ultimately how to make yourself not layoff-proof, but layoff-resistant.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed an Absolute Brightness by Ology Brewing in Tampa- thanks Jaimie for donating this one to the pod! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
03/05/2353m 2s

Ask HTM - Hanging Onto A Car Loan, Small Purchases That Spark Joy, & Maximizing HSA Benefits #664

We’re kicking off the week by answering listener questions! And if you have a question that you’d like for us to answer on the show, we’d love for you to submit your own via HowToMoney.com/ask , send us your voice memo. Regardless of how random or bizarre you might think it is, we want to hear it!   1 - Should I freeze my 1 year old’s credit, and if so, how do I do that? 2 - I’m thinking about hanging onto a car loan and putting my cash in high yield savings- is this a smart move? 3 - In the HTM Money Mission Statement, why do y’all ask about small purchases that bring joy as opposed to larger purchases? 4 - What should I do with an old HSA that I’m no longer contributing to? 5 - Our FSA reimbursement dollars will be hitting our account soon- what should we do with that money?   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Rainbow Colored Glasses by Ology Brewing in Tampa- thanks Jaimie for donating this one to the pod! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
01/05/2351m 50s

Friday Flight - Credit Contradictions, Lasagna On Layaway, & No More Bolt #663

Time for a Friday Flight- our sampling of the week’s financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil it down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: getting paid to move, credit contradictions, more affordable mortgages, avoiding green loans, affordable used cars, RIP Bolt, small business 401k offerings getting big, poor stock picker performance, fortune tellers or financial advisors, free fixes for your broken stuff, gadgets to gift cards, blowing your budget on surplus food, Matt’s beef with Frankie, and lasagna on layaway.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money. Have an awesome weekend!   Best friends out!See omnystudio.com/listener for privacy information.
28/04/2330m 7s

Who Wants to *Literally* Be a Millionaire? #662

Sherlock Holmes is a literary character we’re all familiar with who has the uncanny ability to solve any mystery he comes across. And one of the things that sets the British detective apart from others is his use of inductive reasoning to solve his cases. He begins with observations which then propel him in his search for the truth. Deductive reasoning, on the other hand, begins with a hypothesis and then uses the facts in order to confirm a theory. And so as we’re trying to figure out how wealthy we need to be, we think that taking the Holmsian approach is most helpful. Rather than picking a nice round number out of thin air like $1 million, we’re doing some observing and we’re asking some questions! Because regardless of how much money you already have set aside for retirement, you could be missing the mark if you’re only reading the headline numbers reported by the ‘experts’. Today’s episode should help you to realize you probably don’t need as much money as you think, you’ll gain a healthier view of work vs retirement, and we’ll go over some practical calculations to help you decide how much money you’ll *literally* need.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Double Clutch Nitro Oatmeal Stout by Gruner Brothers- thanks for donating this one to the show Katie! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
26/04/2352m 40s

Cheap Meal Prep For Struggling Chefs w/ Frankie Celenza #661

What do Michelle Obama and Novak Djokovic have in common? Well at the very least they’ve both enjoyed meals by today’s guest, Frankie Celenza. And if you think about it, whether you’ve lived in the White House, or you’re the number one tennis player in the world, or if you’re just scraping by on a meager income, there is nothing more elemental than our need to eat food. We’re all united by the fact that we get hungry! And while some folks might like to splurge when it comes to meals, the rest of us are looking for ways to cut those costs so we can reach other financial goals. Frankie is a Daytime Emmy award winning culinary host and his show, Struggle Meals, is all about getting the most bang for your buck in the kitchen, both for your wallet and time savings. He is truly a professional in the kitchen and today we talk about buying seasonally, how to be more efficient while we cook, canned vs frozen veggies, redefining what it means to ‘cook’, and of course some of his favorite meals that are affordable and easy to prepare.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Fluffy Cow Hazy IPA by Gruner Brothers- thanks for donating this one to the show Katie! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
24/04/2350m 17s

Friday Flight - The New Apple iBank, Generational Disparagement, & Culinary Culprits #660

Time for a Friday Flight- our sampling of the week’s financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil it down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: Amazon crappy item alert, $1 for returns, credit card rewards bonanza, the new Apple iBank, I bonds are losing their luster, generational disparagement, the myth of the broke millennial, culinary culprits, affordable EVs, & receding rents.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money. Have an awesome weekend!   Best friends out!See omnystudio.com/listener for privacy information.
21/04/2330m 21s

Accidents & Insurance & Deductibles, Oh My! #659

Who remembers fire and tornado drills back when they were in school?! Even though in the moment they seemed like a complete waste of time, looking back as adults it’s easy to see how important it is to run a drill of what you would do in the event of a fire. And if you were in the scary scenario where you DID have a fire at your school, you were probably glad to have gone through the motions and rehearsed exactly what you should do. Insurance is kind of like a fire drill- most of the time it feels completely unnecessary, but in the rare instances where you actually need to put it to use, you’re more than happy to know you have that policy in place. And while virtually everyone is required to have car insurance, fewer folks have had the misfortune of being in an accident. So one of the problems we’re addressing today is what you should do after you’ve been involved in a car accident- it’s a surreal experience that can catch you off guard. We discuss things like diminished value and notifying your insurance company, but we also discuss how you can be financially prepared for accidents and the steps you can take to reduce the cost of insurance.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed an A OK Marzen by Gruner Brothers- thanks for donating this one to the show Katie! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
19/04/2354m 31s

Ask HTM - Waiting to Pay Monthly Bills, Whether Invested Dollars are Safe, & Buying a Parent's House #658

We’re kicking off the week by answering listener questions! And if you have a question that you’d like for us to answer on the show, we’d love for you to submit your own via HowToMoney.com/ask , send us your voice memo. Regardless of how random or bizarre you might think it is, we want to hear it!   1 - Should I buy my parent’s house?! 2 - What account should I move my old 401k dollars over to? 3 - I’m afraid I haven’t saved enough money for my kids- what singular account should I sock away funds into? 4 - Does it make sense to handle my personal finances like businesses do, and wait to pay my bills until just before they’re due? 5 - Are my invested dollars safe if my brokerage firm goes belly up?   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Supplication by Russian River! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
17/04/2349m 44s

Friday Flight - AI Tax Help, Lawless Libraries, & Mortgaged Forevermore #657

Time for a Friday Flight- our sampling of the week’s financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil it down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: state representative passport assistance, AI tax help, scoring a 0% capital gains rate, lawless local libraries, paying extra to join distant libraries, costly kids meals, $10 Sam’s Club memberships, investing in risky alternative assets, Google flight price guarantee, mortgaged forevermore, worthless car warranties, & EV battery dependability.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money. Have an awesome weekend!   Best friends out!See omnystudio.com/listener for privacy information.
14/04/2331m 30s

Using Energy Tax Credits To Your Advantage #656

Folks will do some crazy things for money! There was an article in The Free Press about human lab rats and the lengths they go in order to make a buck. They’re getting injections, taking pills, oftentimes they can’t leave the building, they’re subject to large amounts of blood being drawn, and this can happen for weeks at a time! But the bottom line is that incentives matter and you might be surprised at what you’d do if there was enough money on the line. Well, making sure that your home is more efficient has never been a bad idea like taking experimental drugs, but now it might be a much better one thanks to increased federal tax credits. We know that making our homes more energy efficient will save us money every month- but how much money could we actually save? And how much money will we be able to get in federal tax credits? Today we discuss how the incentives have gotten sweeter, what the annual credits are for the different upgrades you can make, how to decide if you should make them at all, and then what form you’ll need to fill out to claim the credits.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Bibo by Creature Comforts! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
12/04/2349m 20s

Demolishing College Costs with Ann Garcia #655

Over the last 20 years, college tuition and fees have exploded- increasing by nearly 180% to the chagrin of many parents and high school seniors. But it turns out that you don’t have to pay that overinflated sticker price of a higher education. That’s what we discuss during today’s conversation with Ann Garcia, who is also known as The College Financial Lady. That’s the name of her site, where she also has a masterclass, and her book: “How to Pay for College” covers all the strategies you need to deploy in order to get your kid through college without wrecking your retirement. We discuss some of the surprising benefits of higher education, negotiating the costs of attending college, how to compare award letters from multiple schools, the proper way to view non-institutional scholarships, ways to start college-adjacent conversations with your kids, and more!   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Spontanale by Mikkeller Brewing! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
10/04/2357m 19s

Friday Flight - Tax Extensions, Click to Cancel, & The Value of Money #654

Time for a Friday Flight- our sampling of the week’s financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil it down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: tax extension season, housing prices are dropping, ADUs on the rise, whether you should renovate or move, choosing money over passion, 401k cashouts, click to cancel, rotten Apple Pay Later, taking advantage of dynamic pricing, and the value of money.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money. Have an awesome weekend!   Best friends out!See omnystudio.com/listener for privacy information.
07/04/2335m 40s

Money Gears: Ordering Your Money Decisions Properly #653

Over 1,000 years ago, somehow, the Vikings were able to sail from Norway to Greenland. Without relying on any special instruments or any rudimentary technology, they were even able to reach as far as North America! Evidently they relied on the polarization of the sky, whales or birds they came into contact with, and the color of the ocean- quite remarkable. It seems unlikely that any sailors would be able to pull that off today with modern day technology. But that’s often what it feels like as you’re trying to get your financial ship pointed in the right direction. The vastness of options that lie before you feel overwhelming and the obstacles that we face are daunting, but we’re here today to help you to: a) geolocate your financial situation, and b) determine what your next steps should be. It’s important to know where you are, and where you are going. Following our Money Gears will not only allow you to reach your financial goals sooner, but it’ll be the most emotionally satisfying way to achieve that success as well. Listen as we discuss the Money Gears and how you should properly order your financial decisions.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Vinology: Semillon by Monday Night Brewing! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
05/04/2354m 10s

Ask HTM - Downsides to the Upside App, Carrying Over Out-Of-Pocket Medical Expenses, & Ignoring Mom's Financial Advice #652

We’re kicking off the week by answering listener questions! And if you have a question that you’d like for us to answer on the show, we’d love for you to submit your own via HowToMoney.com/ask , send us your voice memo. Regardless of how random or bizarre you might think it is, we want to hear it!   1 - Considering that my mom is a multimillionaire, should I listen to her personal finance and real estate advice even if I disagree? 2 - Do you have any books or recommendations for a teenager who is moving out on her own? 3 - What is the best platform to easily collect rent payments? 4 - Can I carry over any out-of-pocket medical expenses to a new health insurance plan? 5 - Are there any downsides to the Upside App- is it legit or too good to be true?   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a So Happens It’s Tuesday by The Bruery! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
03/04/2353m 2s

Friday Flight - Costly Car Insurance, Crypto Cons, & Incredible I Bonds #651

Time for a Friday Flight- our sampling of the week’s financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil it down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: that new Aldi drip, credit bureau complaints, credit score impacting mortgage payments, costly car insurance, exploitive title loans, crypto cons, the quest to burnish Bitcoin, investment scams targeting the youths, earning more on medium term savings, and CDs yes please!   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money. Have an awesome weekend!   Best friends out!See omnystudio.com/listener for privacy information.
31/03/2328m 32s

The Understated Power of Stealth Wealth #650

Clark Kent has a nerdy newspaper job, he’s got thick glasses- he’s definitely not cool in the city of Metropolis. But when he pulls back the white button up, he’s a beast and becomes Superman! He has superhuman strength, heat vision, freeze breath, and all sorts of special powers that allow him to kick butt and save the world. But Clark Kent doesn’t need everyone to know what he’s capable of- his power is understated and somewhat disconnected from his everyday life. And when it comes to our finances, there’s massive power that we hold as individuals when we don’t feel the need to signal to others what we’re capable of. We gain a degree of financial freedom, a life with less stress, and ultimately a sense of happiness and contentment that doesn’t come from the approval of others. Listen as we discuss how you can practice stealth wealth and achieve it as a goal in your life.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Copper by The Olde Mecklenburg Brewery- a big thanks to Greg for donating this one to the podcast! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
29/03/2350m 35s

Get Paid What You’re Worth with Alex Carter #649

Today’s conversation is all about getting that raise that you deserve! We’re joined by Alex Carter who is a Clinical Professor of Law and the Director of the Mediation Clinic at Columbia Law School. She is also a leading trainer on negotiation and mediation for many from the private and public sectors, including the United Nations, U.S. courts and federal agencies, and private corporations such as Bloomberg, Amazon, and Microsoft. So that means Alex is more than qualified to have written the book, Ask for More: Ten Questions to Negotiate Anything. Listen and learn why negotiating isn’t adversarial in nature, overcoming fear and anxiety when discussing pay, why asking questions is better than arguing, tangible and intangible benefits you can fight for, the best time to negotiate a severance package, and so much more during this invaluable conversation with Alex!   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Didjits by Burnt Hickory- a big thanks to Kara for donating this one to the podcast! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
27/03/2357m 1s

Friday Flight - Toxic Ticketmaster, Water Waste, & Macron’s Mission #648

Time for a Friday Flight- our sampling of the week’s financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil it down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: your craft beer equivalent, J Powell sticks to his guns, banking fees on the decline, toxic Ticketmaster, needing more competition in free markets, water waste, postponed passports, stalled social security, costly cellular service, & the acquisition of Mint Mobile.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money. Have an awesome weekend!   Best friends out!See omnystudio.com/listener for privacy information.
24/03/2329m 39s

The Harsh Realities of Real Estate Investing #647

Is homeschooling the best move for your family? Maybe!? That depends on so many factors like your family values, the goals for your career, what resources are available to you, and even what school your kids are currently attending. We’re both products of basic public schooling, but it’s a topical question as the percentage of children who are homeschooled has basically doubled in the past few years- but, homeschooling isn’t a slam dunk decision. And the same is true on the real estate investing front. We love that path for some people and it’s a strategy that has worked out well for us. You’ve heard of real estate moguls who’ve made millions ‘in real estate’ and maybe the algorithm is even feeding you social media influencers who are claiming that it’s so easy. Well today we have a nuanced conversation to help you to determine if it’s right for you or not. We discuss how the real estate market has evolved over the past decade, some of the cons in addition to pros of becoming a landlord, some alternative ways to invest in real estate that are essentially passive, as well as some lower risk ways to wade into the waters of investing in real estate.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed an US Alive by Mikkeller Brewing! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
22/03/2348m 45s

Ask HTM - 1.5x Speed on Savings Goals, Free Tax Prep Software, & Too Old to Invest? #646

We’re kicking off the week by answering listener questions! And if you have a question that you’d like for us to answer on the show, we’d love for you to submit your own via HowToMoney.com/ask , send us your voice memo. Regardless of how random or bizarre you might think it is, we want to hear it!   1 - Reaching my different savings goals is taking too long- how can I speed things up?! 2 - Should I use a 529 account rollover to increase how much I can sock away into my Roth IRA? 3 - What’s the best account that I can set up for my one year old daughter before she has earned income? 4 - Are the free tax prep software companies and websites legit? 5 - When is it too late to invest in the stock market?   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed an Infrared Eclipse by Rhinegeist Brewing! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
20/03/2350m 6s

Friday Flight - Bank Blow-Ups, Is Your Money Safe, & Plastered Purchases #645

Time for a Friday Flight- our sampling of the week’s financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil it down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: Costco refunds, asking for a discount, bank blow-ups, whether your money is safe, how to score more FDIC coverage, where rates might be headed, AI financial advice, plastered purchases, in-app purchases cost you more, and a big thanks to Argentina M for telling others about the HTM Newsletter that we publish every Tuesday morning- it’s fun, free, practical, and we think it’ll help you to get ahead with your money!   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money. Have an awesome weekend!   Best friends out!See omnystudio.com/listener for privacy information.
17/03/2329m 3s

Reacting Rationally to Rising Rates #644

What one thing do we all do before we put our clothes on in the morning? We all check the weather! Because which clothes we opt to wear is largely dependent on what the sun is doing- whether it’s out and burning our skin, or if it’s hidden away behind some ominous rain clouds. And in fact, the changing seasons and fickle nature of the weather impact us in a variety of ways. They change our behavior and determine what sports we get to play, or what flowers and vegetables we plant in the garden. And simply put, the Federal Reserve interest rate is the financial sun that ultimately impacts all of our financial lives. Whether or not rates are rising or falling impact everything from the payments we make on our credit cards, to the interest we receive in our high yield savings accounts. And so during today’s episode we’re equipping you with the knowledge and practical steps so that you can minimize the downsides, while maximizing the upsides of rising rates.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile. Don’t be cheap and forego getting a life insurance policy. Compare rates with Policygenius.   During this episode we enjoyed a Cloudscape IPA by New Park Brewing- thanks for donating this one to the pod Matthieu! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
15/03/2346m 38s

Use It Up, Wear It Out, Make It Do, or Do Without with Katy Wolk-Stanley #643

Everybody has heard of a consumer advocate before- someone who helps to make sure that individuals are getting the best deal possible. Or to make sure that the quality of the products is up to snuff. For instance think of Consumer Reports and the countless reporting and tests they perform on the different items we use as consumers. But you likely haven’t heard of a ‘non-consumer advocate’ before and that’s who we’re talking with today; our friend Katy Wolk-Stanley! Katy’s site is TheNonConsumerAdvocate.com and she helps people learn to live on less, and to do so in a way that lessens their environmental impact. She’s an uber-frugalite who hardly ever buys anything new, and she uses that superpower to help others to live on as little income as possible. In this episode we discuss some of the different tactics that anyone can deploy: prioritizing lower tech solutions that last, how Katy easily fixes her broken household items, how minimalism and frugalism compliment each other, selling items on eBay, getting tax breaks for donating to Goodwill, and more!   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile. Don’t be cheap and forego getting a life insurance policy. Compare rates with Policygenius.   During this episode we enjoyed a Cloudscape IPA by New Park Brewing- thanks for donating this one to the pod Matthieu! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
13/03/2351m 58s

Friday Flight - Student Loan Silly Season, Revenge Spending, & Entrepreneurship Everywhere All at Once #642

Time for a Friday Flight- our sampling of the week’s financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil it down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: entrepreneurship everywhere all at once, student loan drama, more paid apprenticeships, degrees overseas, soft skills supreme, proliferating perks of credit cards, gift cards galore, revenge spending, as well as rapidly rising car debt and delinquencies.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money. Have an awesome weekend!   Best friends out!See omnystudio.com/listener for privacy information.
10/03/2332m 6s

Buffettisms: Lessons from the GOAT Investor #641

Who is the greatest actor of all time? You might have an opinion- maybe it’s Meryl Streep or Daniel Day-Lewis, but this would likely lead to a pretty fierce debate. And the same could be said about athletes- who is the greatest? Is it Michael Jordan or Michael Phelps? Well it depends on who you’re asking because it’s in the eye of the beholder to a certain extent. We all want to know what sets the  greatest in their given field apart from the ones who were just really good. Luckily the greatest investor conversation isn’t nearly as fraught. Warren Buffett is the GOAT in our eyes and we’re certainly not alone in that assumption. And it’s not only due to the returns he’s garnered- his longevity, consistency, and humility are admirable as well. So today we’re going to talk about the GOAT investor and what financial, and life lessons we can learn from him. How you should approach your investments, how long you should be holding them, and what you should be investing in are just a few questions we’ll answer today.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile. Don’t be cheap and forego getting a life insurance policy. Compare rates with Policygenius.   During this episode we enjoyed a Blender Black-Ras by New Park Brewing- thanks for donating this one to the pod Matthieu! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
08/03/2346m 10s

Ask HTM - Expensive Family Vacations, Making Extra Mortgage Payments, & Forfeiting Credit Card Rewards #640

We’re kicking off the week by answering listener questions! And if you have a question that you’d like for us to answer on the show, we’d love for you to submit your own via HowToMoney.com/ask , send us your voice memo. Regardless of how random or bizarre you might think it is, we want to hear it!   1 - My family vacations are getting too expensive and I’m not sure I can attend- what should I do? 2 - As an 11 year old, how should I save or spend $2,000 that I have in my bank account? 3 - What is the most optimal way to make extra payments and pay off my mortgage early? 4 - Am I paying off my credit card too soon in order to receive the points and rewards? 5 - How much money do I need to have invested in order to retire?   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile. Don’t be cheap and forego getting a life insurance policy. Compare rates with Policygenius.   During this episode we enjoyed a Double Coud IPA by New Park Brewing- thanks for donating this one to the pod Matthieu! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
06/03/2350m 53s

Friday Flight - Junking Fees, Costly Casas, & Procrastination Penalties #639

Time for a Friday Flight- our sampling of the week’s financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil it down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: Google Lens to snag a deal, junking fees, reduced monthly insurance costs for FHA backed mortgages, costly casas due to low inventory, HGTVification of the housing market, renting on standby, the death of customer service, our favorite wireless provider takes home gold, the rise of 4-day workweeks, breaking the fever of workism, investing procrastination penalties, & screaming tooth fairy payouts.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile. Don’t be cheap and forego getting a life insurance policy. Compare rates with Policygenius.   And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money. Have an awesome weekend!   Best friends out!See omnystudio.com/listener for privacy information.
03/03/2334m 48s

Is Early Retirement A Smart Goal? #638

Cinderella is such an absurd story! Seriously, when you stop and think- it’s pretty messed up: a prince dances with a girl he’s never met before for one night, and then he sends his goons around town to find her so they can get married. There’s a reason you go on dates for at least a few weeks before proposing. You’ve gotta kick the tires and perform some due diligence! Similarly, you might be completely obsessed with the idea of early retirement upon first hearing about it. And articles out there on the web sure do make it sound enticing. And it might be the right move for some folks, but not before thinking it through on a bunch of fronts. So we’re going to offer our thoughts on how to decide if retiring sooner than your peers is a good goal. We’re going to tackle a number of questions both financial in nature (like sequence of returns risk and ‘one more year syndrome’) but also some personal questions as well (like hobbies and how you’ll spend your days), that’ll help you decide if early retirement is a goal worth pursuing.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile. Don’t be cheap and forego getting a life insurance policy. Compare rates with Policygenius.   During this episode we enjoyed a Ferrous by New Park Brewing- thanks for donating this one to the pod Matthieu! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
01/03/2356m 18s

Using Debt to Build Wealth with Tom Anderson #637

Virtually all conventional wisdom points folks in the direction of paying off their debt. “Debt is dumb” is a line you’ll hear after listening to most personal finance podcasts for about 30 seconds. It's the mantra and driving force behind many money experts out there. But our guest today wants money savvy folks to take another look, and to reconsider debt. Tom Anderson is the author of the NYT best seller “The Value of Debt” and he has actually written multiple books on the different ways that we can utilize debt to build wealth. While most financial planning experts are only looking at debt as something to be eliminated, Tom advocates for the strategic use of debt. Listen as we discuss optimal debt ratios, the importance of liquidity, the psychological reality of debt, and plenty more on today’s episode!   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile. Don’t be cheap and forego getting a life insurance policy. Compare rates with Policygenius.   During this episode we enjoyed a Helles Lager by New Park Brewing- thanks, Matthieu!! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
27/02/2350m 45s

Friday Flight - Erupting Equity, Apprenticeships that Pay, & Scammy Savings #636

Time for a Friday Flight- our sampling of the week’s financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil it down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: a helpful Apple Card feature, apprenticeships that pay, prepping for student loans, Rivian bikes, e-bike rebates, expensive babysitters, end of life plans for your electronics, scammy high interest savings, erupting equity, & disappearing flexible spending dollars.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile. Don’t be cheap and forego getting a life insurance policy. Compare rates with Policygenius.   And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money. Have an awesome weekend!   Best friends out!See omnystudio.com/listener for privacy information.
24/02/2332m 5s

Butchering Your Grocery Bill #635

Do you know something that we’re all currently doing? Breathing. It’s something we rarely actively think about, but it turns out that there are ways to improve our technique- by breathing through our nose instead of our mouths, or by taking deeper slower breaths. Well we’re talking about another basic subject today: buying groceries. This elementary practice seems simple on the surface, but just like breathing there are tactics that you can implement in order to save more money at the supermarket. The cost of food has always been a big deal as it’s typically our third largest expense. But it’s a bigger deal than ever with grocery prices up nearly 12% in December compared to a year ago. Inflation is making it more expensive to eat! Listen for how much you should be spending every month, our take on meal delivery services, and many other money saving tips that you can implement in order to butcher your grocery bill today!   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile. Don’t be cheap and forego getting a life insurance policy. Compare rates with Policygenius.   During this episode we enjoyed a Darken by Upland Brewing! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
22/02/2352m 22s

Ask HTM - Personal Loans for a Crypto Biz, Travel Nursing FTW, & Small Business Benefits #634

We’re kicking off the week by answering listener questions! And if you have a question that you’d like for us to answer on the show, we’d love for you to submit your own via HowToMoney.com/ask , send us your voice memo. Regardless of how random or bizarre you might think it is, we want to hear it!   1 - I took out personal loans to start a BTC mining business: should I use Roth contributions to pay them off? 2 - Should I pursue travel nursing in order to double my salary? 3 - As a teacher, can I afford to invest more aggressively since I have a pension? 4 - Investing via Acorns: smart move or should I consider other providers? 5 - What are some benefits or tax write-offs as we’ve started a new business?   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile. Don’t be cheap and forego getting a life insurance policy. Compare rates with Policygenius.   During this episode we enjoyed a Lindemans Framboise! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
20/02/2352m 51s

Friday Flight - Cheating Charities, Sketchy Retailer Tactics, & Starving to Save #633

Time for a Friday Flight- our sampling of the week’s financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil it down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: newsletter referral program rewards and shoutouts, tax-free state relief payments, free money for home improvements, how to appeal your property tax assessment, the worst way to invest, using or losing your points, cheating charities, starving to save, sketchy retailer tactics, & the myth of the informed consumer.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile. Don’t be cheap and forego getting a life insurance policy. Compare rates with Policygenius.   And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money. Have an awesome weekend!   Best friends out!See omnystudio.com/listener for privacy information.
17/02/2331m 33s

Did the Pandemic Change Personal Finance? #632

Cults are fascinating. The amount of gaslighting and denial of reality that takes place in order to perpetuate the movement is simply mind boggling. And one of the most interesting parts is to see interviews with the folks who finally got out. For years they couldn’t see clearly as they were essentially brainwashed, but now they look back on everything they experienced in a completely different light. When you’re in the midst of something so enveloping and all-consuming it can be difficult to know your right from your left, to know the difference between truth and lies. And similarly it can be difficult to discern the magnitude and scope of the impact of something like a global pandemic on our lives until some time has passed. But now that we had a few years between us and lockdowns, we wanted to discuss the specific ways in which Covid 19 has jolted personal finance and how we should respond to those changes.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile. Don’t be cheap and forego getting a life insurance policy. Compare rates with Policygenius.   During this episode we enjoyed a Mango Funk Yoself by Meddlesome Brewing- thanks Ben & Rachael for donating this one to the podcast! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
15/02/2349m 20s

Solutions for Money Anxiety with Financial Therapist Lindsay, Bryan-Podvin #631

There’s more to successfully handling your money than just figuring out the financial nuts and bolts. Money has emotional and psychological components to it as well, which is at the core of what our guest today focuses on. We’re happy to be joined by Lindsay Bryan-Podvin, who happens to be the first financial therapist in the state of Michigan. She is a social worker-turned-financial therapist. She’s also the author of the book, The Financial Anxiety Solution, which is a workbook to help folks stop stressing about money by applying therapy techniques to their relationship with money. We’re excited to talk about how having more knowledge may not be the solution to your financial woes, how procrastination and perfectionism are tied at the hip, the value of understanding your financial archetype, how to have productive money conversations with a partner, & much more today!   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile. Don’t be cheap and forego getting a life insurance policy. Compare rates with Policygenius.   During this episode we enjoyed a Mexican Lager by High Cotton Brewing- thanks Ben & Rachael for donating this one to the podcast! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money.   Best friends out!See omnystudio.com/listener for privacy information.
13/02/2357m 10s

Friday Flight - Netflix Crackdown, Big Game Gambling, & Reduced Tax Refunds #630

Time for a Friday Flight- our sampling of the week’s financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil it down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: newsletter referral program rewards and shoutouts, Netflix crackdown, movie theater priority seating, investing through a bear market, 401k raiders, ESG funds falling short, avoiding the officejet shakedown, big game gambling, Valentine’s Day outlay, financial infidelity, & reduced tax refunds.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile. Don’t be cheap and forego getting a life insurance policy. Compare rates with Policygenius.   And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money. Have an awesome weekend!   Best friends out!See omnystudio.com/listener for privacy information.
10/02/2333m 1s

Using Credit Cards as Nature Intended #629

"He was a wise man who invented beer." - Plato   If you’ve been listening for any length of time you know that we like craft beer. But booze can be a polarizing subject. We’ve had emails from folks who say they like our show, but just can’t continue to listen because of our stance on alcohol. At least in some circles, beer can be polarizing and the same thing is true when it comes to the use of credit cards. There isn’t much logical, nuanced, or balanced conversation when it comes to credit cards- they’re either the greatest thing since sliced bread or they’ll ruin you overnight. But the reality is a bit more nuanced. Yes, there are certainly a number of downsides to using credit cards like paying interest and how they might encourage overspending which we’ll discuss today. We’ll also cover if we think using credit cards is ethical. But simultaneously you can’t deny the many benefits that come with responsible credit card use: the ability to help establish a solid credit score, the additional consumer protections they offer, the bountiful rewards, and much more. Plus we’ll explain a basic three card optimization strategy that will work for most folks- have a listen!   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile. Don’t be cheap and forego getting a life insurance policy. Compare rates with Policygenius.   During this episode we enjoyed The Judge by Memphis Made Brewing- thanks Ben & Rachael for donating this one to the podcast! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
08/02/2347m 48s

Ask HTM - Getting a Reluctant Spouse on Board, WTD with an Old 529 Plan, & Landlording from Abroad #628

We’re kicking off the week by answering listener questions! And if you have a question that you’d like for us to answer on the show, we’d love for you to submit your own via HowToMoney.com/ask , send us your voice memo. Regardless of how random or bizarre you might think it is, we want to hear it!   1 - How do I get my reluctant spouse on board with a plan to budget? 2 - What should I do with an old 529 Plan that I was planning on transferring to my kids? 3 - Am I being frugal or cheap by blending my beers myself at a local brewery in order to save? 4 - Should I max out my Roth IRA or my 403b if both are available options? 5 - Is it a good idea to be a landlord while living abroad?   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile. Don’t be cheap and forego getting a life insurance policy. Compare rates with Policygenius.   During this episode we enjoyed a Thyyk Hydra by Mortalis Brewing! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
06/02/2350m 36s

Friday Flight - Madonna v. Munger, Rich Renters, & Empty Promises of Passive Income #627

Time for our Friday Flight! These episodes are a sampling of the week’s financial news and the impact on your personal finances. There are a lot of headlines out there, but we distill it down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: where to find your missing money, Super Bowl investing indicators, frugal NFL’ers, celebrity crypto accountability, Madonna v. Munger, rich renters, spring housing market rebound, living paycheck to paycheck with 6 figures, avoiding pointless bank fees, poor credit = expensive insurance, & the empty promises of passive income.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile. Don’t be cheap and forego getting a life insurance policy. Compare rates with Policygenius.   And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money. Have an awesome weekend!   Best friends out!See omnystudio.com/listener for privacy information.
03/02/2333m 0s

The Science of Smarter Spending #626

We love nerdy board games! And one of the things that makes them fun, besides getting to play them with friends and family, is the competition for scarce resources. For instance with the Settlers of Catan, it takes a few rounds of play to get the resources you need to build the settlements, cities, and development cards that help you rack up victory points in Catan. It’s a classic that still holds up, and like most games it's all about tradeoffs. Should you focus on building a road or upgrading to a city? You can’t do it all and you can’t get everything you want all at once. And it turns out that our financial lives are kind of like a game of Catan as we’re always making tradeoffs as well- in particular when it comes to our expenses. We’re torn between the decision of spending big money on an item that we know is going to last, versus an inferior item that will get the job done- at least for a little while, before inevitably breaking. Today we talk about the pros and cons of planned obsolescence, the culture of disposability, the buy it for life movement, as well as changing the way we think to ensure that we’re allocating our dollars to maximize satisfaction!   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile. Don’t be cheap and forego getting a life insurance policy. Compare rates with Policygenius.   During this episode we enjoyed a Song of Winter by Hill Farmstead- a big thanks to Michael and Emily for sending this one our way! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
01/02/2351m 19s

Frugal Traveling with the NYT Elaine Glusac #625

Everyone loves to travel! Who doesn’t enjoy exploring a new country, tasting new and interesting foods, diving into the history and culture of a new city? Or if you’re less adventurous, at the very least kicking back and living like a local might sound appealing to you. But the problem is that it’s too expensive to travel!... Or so you think. This is why we’re excited to have Elaine Glusac, who is also known as The Frugal Traveler over at the NYT, joining us on the podcast today. We’re going to discuss the tricks to book the most affordable flights, if it’s frugal or cheap to go with the discount airlines, Elaine’s favorite under the radar destinations, her advice for traveling with kids, and plenty more today!   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile. Don’t be cheap and forego getting a life insurance policy. Compare rates with Policygenius.   During this episode we enjoyed a Society & Solitude #6 by Hill Farmstead- a big thanks to Michael and Emily for sending this one our way! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
30/01/2348m 21s

Friday Flight - Prime Prescriptions, Gold Digging Dinner Dates, & Stellar Customer Service #624

Time for our Friday Flight! These episodes are a sampling of the week’s financial news and the impact on your personal finances. There are a lot of headlines out there, but we distill it down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: saving $200 a month on car insurance, negotiating down major appliances, Prime prescriptions, financial planner predicaments, gold digging dinner dates, stellar customer service, living in a scamsters paradise, 72 minute daily commutes, & remote jobs on the decline.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile. Don’t be cheap and forego getting a life insurance policy. Compare rates with Policygenius.   And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money. Have an awesome weekend!   Best friends out!See omnystudio.com/listener for privacy information.
27/01/2330m 55s

Maximizing Your Income in 2023 #623

Focusing only on cutting your expenses in order to invest more money, is just like only focusing on cutting out sweets in order to lose weight. It’s a great start, but there’s more to it than that! Because not only do you need to adjust how many calories you’re consuming everyday, but you’ll also need to address how many calories you’re burning- yes indeed, we’re talking about exercise! It takes a two pronged approach to see the most impactful change on your weight and overall health. And similarly it takes addressing both your expenses and your income in order to see the biggest changes when it comes to your personal finances. So during this episode we focus on why 2023 is the perfect time to boost your income, how to determine if you’re underpaid, the single factor that will lead to higher pay, assessing more than just your annual salary, and many more ways to maximize your income this year!   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile. Don’t be cheap and forego getting a life insurance policy. Compare rates with Policygenius.   During this episode we enjoyed a Painting Dreams Citra by Fidens Brewing- a big thanks to Michael and Emily for sending this one our way! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
25/01/2354m 18s

Ask HTM - Combining Our Lives/Money, REITs vs Real Estate, & Cutting Childcare Costs #622

We’re kicking off the week by answering listener questions! And if you have a question that you’d like for us to answer on the show, we’d love for you to submit your own via HowToMoney.com/ask , send us your voice memo. Regardless of how random or bizarre you might think it is, we want to hear it!   1 - How should my fiancé and I go about combining our bank accounts, credit cards, and investments? 2 - Should I stop contributing to my Roth IRA until I’m able to fully replenish my six month emergency fund? 3 - Are REITs inferior to investing in actual real estate? 4 - When should I consider opening a specific business checking account? 5 - Daycare and other kid expenses are quite large- what are some ways to cut those bills?   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile. Don’t be cheap and forego getting a life insurance policy. Compare rates with Policygenius.   During this episode we enjoyed a Jasper with Peacharine by Fidens Brewing- a big thanks to Michael and Emily for sending this one our way! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
23/01/2354m 52s

Friday Flight - Tax Loopholes, Savers' Paradise, & Shopper Revolts #621

Time for our Friday Flight! These episodes are a sampling of the week’s financial news and the impact on your personal finances. There are a lot of headlines out there, but we distill it down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: the cheapest hot dog combo, tax season is upon us and where to file for free, tax loopholes or deductions, the total cost of being a ‘pet parent’, budgeting to maintain your home, smaller down payments on the rise, traffic is costing you real money, the solution to city congestion, shopper revolts, savers’ paradise, & boosting your income with higher wages.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile. Don’t be cheap and forego getting a life insurance policy. Compare rates with Policygenius.   And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money. Have an awesome weekend!   Best friends out!See omnystudio.com/listener for privacy information.
20/01/2330m 35s

A Foolproof Plan to Ditch Debt #620

Sitting on your butt is killing you! According to the Heart Foundation, folks who sit the most are 90% more susceptible to dying from cardiovascular events like heart attacks and strokes. And while taking a load off and having a seat isn’t going to immediately harm you, the accumulation of years and decades of a more sedentary lifestyle could lead to an earlier death! And we feel similarly when it comes to consumer debt. Paying a little interest this month isn’t going to completely wreck your financial future, but it’s a real problem if it becomes a permanent fixture in your life. Not to mention the fact that credit card interest rates are rising and millions of Americans made their holiday purchases with money they don’t have. Listen as we discuss the straightforward steps to create a foolproof plan, where we land on the debt snowball vs debt avalanche approach, as well as some additional helpful tips that will allow you to ditch debt for good.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile. Don’t be cheap and forego getting a life insurance policy. Compare rates with Policygenius.   During this episode we enjoyed a Perpetual Composition by Southern Grist Brewing! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
18/01/2350m 41s

Budgeting Like a Beast with Jesse Mecham #619

We’re going all-in today on budgeting with our special guest- Jesse Mecham! There are a number of folks listening who might recognize his name, but I’m guessing even more folks are familiar with the company he started in 2003 while he was still in college- You Need A Budget, or YNAB as it’s commonly known. Millions of individuals have used YNAB to get on a budget which has allowed them to achieve their life-changing financial goals- whether that’s simply paying off debt or the complicated endeavor of getting on the same page as their partner. Jesse has likely thought more about budgeting over the past 20 years than anyone else out there, so we’re excited to talk with him about all the things that he’s learned over the years. Listen as we discuss why you need a budget in the first place, Jesse’s 4 rules of budgeting, how often you should spend on your budget every month, as well as his approach to credit cards and debt.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile. Don’t be cheap and forego getting a life insurance policy. Compare rates with Policygenius.   During this episode we enjoyed an Igneous IPA by Hutton & Smith! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
16/01/2359m 34s

Friday Flight - More Potential Loan Forgiveness, Egg Fights, & Workplace Drama #618

Time for our Friday Flight! These episodes are a sampling of the week’s financial news and the impact on your personal finances. There are a lot of headlines out there, but we distill it down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: more potential student loan forgiveness on the horizon, egg fights in the aisles, cutting food waste, the high risk of single stock investing, doubling down on a down market, Disney in real life, & non-competes might be on the road to defeat.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile. Don’t be cheap and forego getting a life insurance policy. Compare rates with Policygenius.   And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money. Have an awesome weekend!   Best friends out!See omnystudio.com/listener for privacy information.
13/01/2328m 50s

The Massive Retirement Account Changes That Impact You! #617

Would you eat boiled buffalo testicles like they did on the old show Fear Factor? Or walk between two high-rises on a cable? Or allow tarantulas to be dumped on your face while strapped to a table? I’m guessing you’re not  interested in doing this for funsies, but you might be singing a different tune iif a million bucks is on the line. And that’s because incentives change everything. When the rules of the game have changed, we need to adjust our behavior accordingly. And at the end of last year the SECURE Act 2.0 was signed into law which effectively changed the rules on a lot of the different retirement accounts that we have access to. There are many provisions in this Act that changed the incentives for how, when, and where we invest for the future. Roth, 529, and self employed retirement accounts were all impacted and so today we discuss many of the changes, and talk about what you should do during today’s episode.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile. Don’t be cheap and forego getting a life insurance policy. Compare rates with Policygenius.   During this episode we enjoyed an Imperial Strawberry White Ale by Cascade Moon! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
11/01/2349m 0s

Ask HTM - Cash with an Online Bank, Revenue Credits on a Target Date Fund, & Paying Taxes on Hobby Income #616

We’re kicking off the week by answering listener questions! And if you have a question that you’d like for us to answer on the show, we’d love for you to submit your own via HowToMoney.com/ask , send us your voice memo. Regardless of how random or bizarre you might think it is, we want to hear it!   1 - I want to switch to an online bank but how do you go about depositing and withdrawing cash? 2 - Should I own my first investment property as an individual or as a business operating as an LLC? 3 - How important is the revenue credit that I receive from my target date fund in my 401k? 4 - Are I bonds still a good place to park money for my one-year-old? 5 - Do I have to pay taxes on income generated by a hobby?   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile. Don’t be cheap and forego getting a life insurance policy. Compare rates with Policygenius.   During this episode we enjoyed a St. Bernardus Wit! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
09/01/2355m 5s

Friday Flight - Holiday Return Hassles, Tax Relief, & Stranded by Southwest #615

Time for our Friday Flight! These episodes are a sampling of the week’s financial news and the impact on your personal finances. There are a lot of headlines out there, but we distill it down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: setting financial goals, new 1099K forms delayed for a year, return windows for holiday gifts, WTD with unused gift cards, backbreaking car payments, minimal EV maintenance costs, popular sources for investing advice, stranded by Southwest, the temporary relief of mortgage rate buydowns, & home seller concessions on the rise.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile. Don’t be cheap and forego getting a life insurance policy. Compare rates with Policygenius.   And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money. Have an awesome weekend!   Best friends out!See omnystudio.com/listener for privacy information.
06/01/2332m 16s

Essential Habits For Financial Success #614

Close your eyes and think back to high school. No matter if those were the best years of your life or if you were more of a wallflower, you were likely told that you needed to get good grades- but why? Was it because you knew that you needed a particular GPA in order to get into a specific school? Maybe, but a lot of high schoolers just know that it’s generally a good idea to get high marks because it’s going to give you more options down the road (not to mention personal development, growth, yada yada). And in the same way that not all students know exactly what college they’re going to attend, not everyone has figured out what their big financial goals are going to be this year. But it’s about moving in the right direction with your finances, getting that momentum started even if the end goal is subject to change. And developing the right financial habits will help you start moving in the right direction, even if you don’t know what your ultimate destination will be. That’s what we’re talking about today- the essential habits for financial success!   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile. Don’t be cheap and forego getting a life insurance policy. Compare rates with Policygenius.   During this episode we enjoyed a Liquid Hop Magma by Mutation Brewing- a big thanks to Jack and our friends there at the brewery! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
04/01/2353m 40s

Making Money Changes That Stick with Katy Milkman #613

We’re talking all about how we can make positive money changes in 2023! And we can think of no better guest to have on the show than Katy Milkman, author of How to Change: The Science of Getting from Where You Are to Where You Want to Be. Katy is a professor at The Wharton School of the University of Pennsylvania where she explores ways that insights from economics and psychology can be harnessed to change consequential behaviors for good, such as exercise and vaccination, but also behaviors like saving more money which is a topic we’re very interested in. She’s advised organizations ranging from the White House to 24 Hr Fitness, her op-eds appear in publications like the New York Times and the Economist, & we’re excited to be discussing making money changes that stick today!   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile. Don’t be cheap and forego getting a life insurance policy. Compare rates with Policygenius.   During this episode we enjoyed a Hefeweiz Guy by Mutation Brewing! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
02/01/2355m 19s

Friday Flight - Joel & Matt's Year End Review! #612

During this special year-end Friday Flight, we’re discussing the major stories from the entire year and their impact on your personal finances! There are a lot of headlines out there, but we distill it down to specific takeaways that will allow you to kick off 2023 informed and help you to get ahead with your money. In this episode we explain: the inescapable creep of higher prices, the impact of inflation on groceries, gas, and housing. The Fed’s response to those rising prices by raising interest rates and what that means for debtors and savers. The cratering of the stock market and the depths of the ‘crypto winter’. A red hot job market and how much more workers were able to make if they switched employers. Student loan borrowers and the whiplash they experienced as those loan payments are still on hold. The rise of ‘buy now pay later’ and how a seemingly silver lining has turned out to be a false promise. Plus a few lessons that hopefully we can all takeaway, regardless of where we are on our financial journey- it’s not all bad news!   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile. Don’t be cheap and forego getting a life insurance policy. Compare rates with Policygenius.   And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money. Have an awesome weekend!   Happy New Year- best friends out!See omnystudio.com/listener for privacy information.
30/12/2235m 59s

Pursuing Happiness In All the Wrong Ways #611

We hope that you’re having a wonderful holiday season. And if you celebrate Christmas, or any holiday that involves the exchange of gifts- isn’t it so much fun giving presents and seeing the faces of your loved ones light up? And while that might be the case on Christmas morning, it’s a different story later in the day for many adults and kiddos alike. There’s frequently a post present letdown that many of us experience. Either there was something we wanted that we didn’t get, or the gifts that we did receive aren’t quite as awesome as expected. They don’t make us happy and we easily fall into the trap of pursuing happiness in all the wrong ways. Of course on the surface this is something that you already know, but while many of us would say that we agree with this sentiment, we actually end up living our lives in contradictory ways. In this episode we detail some of the different ways that we’re chasing after happiness, but then we discuss two different types of happiness and how we can make sure that we’re pursuing the kind that will last.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile. Don’t be cheap and forego getting a life insurance policy. Compare rates with Policygenius.   During this episode we enjoyed a Mile High Salute by Mutation Brewing- a big thanks to Jack and our friends there at the brewery! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
28/12/2252m 7s

Ask HTM – Prenups & Properties, Skipping a Money Gear for the Match, & Investing in Main Street #610

We’re kicking off the week by answering listener questions! And if you have a question that you’d like for us to answer on the show, we’d love for you to submit your own via HowToMoney.com/ask , send us your voice memo. Regardless of how random or bizarre you might think it is, we want to hear it!   1 - We’ve already purchased investment properties together- should we get a prenup before getting married? 2 - Should I skip Money Gear #1 in order to go ahead and get my 401k company match? 3 - Where can my teenager find the best interest rates on a savings account? 4 - Is Mainvest a good option if I want to invest in local small businesses? 5 - Are Treasuries a good option for short-term investing- for money I’ll need to pay for medical school? Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile. Don’t be cheap and forego getting a life insurance policy. Compare rates with Policygenius.   During this episode we enjoyed a She’s My Berry Pie by Mutation Brewing- a big thanks to Jack and our friends there at the brewery! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
26/12/2252m 1s

Friday Flight - Store Brand Surges, 401k Changes, & Inconvenient Conveniences #609

Time for our Friday Flight! These episodes are a sampling of the week’s financial news and the impact on your personal finances. There are a lot of headlines out there, but we distill it down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: big bank blues, store brand surges, SECURE 2.0 leading to 401k changes, 529 plan grandparent loopholes and rollovers, inconvenient conveniences, o holy crap, inundated inboxes, & letdowns for landlords.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile. Don’t be cheap and forego getting a life insurance policy. Compare rates with Policygenius.   And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money. Have an awesome weekend!   Best friends out, and Merry Christmas!See omnystudio.com/listener for privacy information.
23/12/2228m 34s

A Very Merry Minimalist Christmas (Bestie Ep) w/ Meg Nordmann #608

Hear about Matt’s new favorite holiday cocktail, and then for our Bestie Episode, we had the pleasure of speaking with Meg Nordmann who is the author of “Have Yourself a Minimalist Christmas: Slow Down, Save Money, & Enjoy a More Intentional Holiday”. Being smack in the middle of the holidays, we can often find ourselves wondering where all of our time, and money is running off to- but Meg wants to change that with her approach to minimalism. Her book presents strategies to help us to resist the clever marketing and cultural expectations that this season often brings. We talk about Meg’s own history with consumption, the relatively new history of Santa, how she approaches gift giving with her children, convincing extended family to give fewer gifts, and how she creates a minimalist calendar around the holidays.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile. Don’t be cheap and forego getting a life insurance policy. Compare rates with Policygenius.   During this episode we enjoyed an Empire of Eternal Nothingness by Burial! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.
21/12/2251m 15s

A Guide for Life’s Biggest Decisions with Abby Davisson #607

How do you really know if you’re making the right decision?