How to Money

Ask HTM - Cash Management Accounts, Paying $9500 to Ditch a Crappy Job, the Rule of 173 Explained #172

This week on the podcast we’re answering your questions! And if you have a question for us, we’d love for you to submit your own via <a href="https://www.howtomoney.com/ask/">HowToMoney.com/ask/</a>1 - What is a cash management account and should I have one?2 - Should I pay $9500 to exit a work contract early?3 - Aside from a 529 plan, how else can I invest on behalf of my young son?4 - Rule of 173, single family vs multi-family properties, and is my money safe with a brokerage like M1 and Vanguard?5 - Not a question- but a great house hacking tip for a steady pipeline of qualified tenants.During this episode we enjoyed a Hazelnut Mocha Latte stout by True Respite - a big thanks to our friends Waffles on Wednesday for donating this beer to the show. And if you enjoyed this episode, be sure to subscribe and give us a quick review in <a href="https://podcasts.apple.com/us/podcast/how-to-money/id1337718773?mt=2">Apple Podcasts</a> or wherever you get your podcasts. Help us to spread the word to get more people doing smart things with their money!Best friends out! Learn more about your ad-choices at <a href="https://www.iheartpodcastnetwork.com">https://www.iheartpodcastnetwork.com</a>See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.

Best friends Joel and Matt are the co-hosts of How to Money which is all about providing the knowledge &amp; 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.