Who are you trusting with your money? We’ve all received some crappy advice at some point in our lives, but when it comes to our personal finances we need to make sure that we’re listening to the right folks. One of the reasons it can be so difficult today is due to social media and entertainment- there are a lot of self-appointed “experts” these days and it can be difficult to tell the difference between sound financial advice and an account or a show that’s meant to just amuse you. For most fo...
Jun 02, 2021•38 min•Ep. 365
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! 1 - Can I get a mortgage with a low credit score? 2 - Should I borrow from my 401k? 3 - After getting off to a late start to investing, should I focus on investing for retirement or buying a condo? 4 - Should I pay for healthcare I don’t need in order to invest within a Health S...
May 31, 2021•40 min•Ep. 364
It's time for a Friday Flight! These episodes are all about 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 continue to make smart money moves. In this episode we cover some interesting and helpful stories like: more state vax cash incentives, small businesses on Google, right to repair laws, planned obsolescence, Americans ...
May 28, 2021•30 min•Ep. 363
If you were faced with a financial emergency, how would you respond? Imagine you just found out that today was your last day at work and you had no other income- do you know how you would cut back in order to get by? That might be a terrible scenario to envision, but we believe that having a bare bones budget in your back pocket is necessary as it can be powerful in case of a financial emergency. It’s all about keeping your needs and cutting your wants in order to prevent you from relying on deb...
May 26, 2021•44 min•Ep. 362
If you’re ready to do some traveling after being cooped up for over a year, then this episode is for you. Today we’re talking with Matthew Kepnes who is better known as Nomadic Matt. Before he turned 23 Matt hadn’t taken a single trip overseas, but since then he’s visited over 100 countries and territories, tried some crazy foods, and made lifelong friends along the way. He’s the NYT best-selling author of “How to Travel the World on $50 a Day”, and his mission is to help would-be travelers real...
May 24, 2021•43 min•Ep. 361
It's time for a Friday Flight! These episodes are all about 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 continue to make smart money moves. In this episode we cover some interesting and helpful stories like: small businesses raising prices, getting vaccinated to win $1 million, cash prize-linked savings accounts, monthly...
May 21, 2021•24 min•Ep. 360
Price increases are making the headlines- from commodities to everyday household items, virtually everything is getting more expensive! Does that mean that inflation is spiraling out of control? This is something we haven’t had to even think about in recent years because while inflation rates in the 70s-80s topped 10%, inflation (or the Consumer Price Index) has been sitting at roughly 1.5% over the last ten years. It’s been stable and it’s also been fairly low, but it seems like things are now ...
May 19, 2021•42 min•Ep. 359
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! 1 - Target date funds in my brokerage account- is this allowed and is it a good idea? 2 - How should we deposit checks from another country for our daughter? 3 - Does infinite or velocity banking work and how risky is it? 4 - Should I switch from a robo advisor like Ellevest to ...
May 17, 2021•38 min•Ep. 358
It's time for a Friday Flight! These episodes are all about 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 continue to make smart money moves. In this episode we cover some interesting and helpful stories like: how we can be like Shaq, new home prices continue to increase, rising inflation figures, free internet, parents gi...
May 14, 2021•28 min•Ep. 357
We’re seeing one of the hottest housing markets in recent history! Bidding wars are driving up prices, homes are going under contract after just one week on the market, and mortgage rates are near historic lows. But that raises the question- is it a dumb idea to buy a home with these kinds of conditions and with the market this hot? What if this is another housing bubble? Are we going to see prices come crashing down like they did just over 12 year ago? We share our thoughts as we discuss a bunc...
May 12, 2021•41 min•Ep. 356
Earn Your Leisure is a podcast hosted by Rashad Bilal and Troy Millings. On their show, they talk with guests who are earning and investing their money in all sorts of different ways- ways that a lot of folks probably don’t even know exist. Rashad and Troy give a behind-the-scenes look into different industries and highlight what makes those industries tick as well as what makes their guests successful. They describe their podcast as a “college business class mixed with pop culture” and that’s w...
May 10, 2021•51 min•Ep. 355
It's time for a Friday Flight! These episodes are all about 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 continue to make smart money moves. In this episode we cover some interesting and helpful stories like: naming our vans so we do a better job maintaining them, more payments for getting vaccinated, what to do with a ta...
May 07, 2021•29 min•Ep. 354
Just like how we can idolize ‘finding the right one’ when looking for a partner or spouse, the same can be true of passive income as we’re talking about our personal finances. We can be tempted into thinking that if we only find the right person then it’s smooth sailing. But as anyone who has been in a long-term relationship knows- the work has only just begun! The same is often true of the different passive income opportunities that we hear pitched in social media or hawked in YouTube videos. P...
May 05, 2021•40 min•Ep. 253
We’re kicking off the week by answering your questions! And if you have a question for us, we’d love for you to submit your own via HowToMoney.com/ask/ , send us your voice memo! 1 - How legit are the crypto savings accounts that are paying high rates of interest? 2 - Is it true that I don’t have to file taxes if I make below a certain income threshold? 3 - I’ve been living in a submarine, but should I purchase a home with my housing allowance from the military? 4 - As a small business owner wit...
May 03, 2021•38 min•Ep. 352
It's time for a Friday Flight! These episodes are all about 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 continue to make smart money moves. In this episode we cover some interesting and helpful stories like: tax refunds taking longer than usual, higher capital gains are coming, losses in Robinhood, our (not-so) secret to...
Apr 30, 2021•32 min•Ep. 351
With every passing day, it seems like we’re getting closer to being able to resume our pre-pandemic lives. On a personal note, we’re really looking forward to cramming into the Benz here in Atlanta to watch some soccer. And while we’re looking for a degree of normalcy, we need to make sure that we don’t spend our way into oblivion as the economy is reopening! There’s a good chance many of us ended last year without having spent nearly as much money as we typically would have, and now we’re chomp...
Apr 28, 2021•41 min•Ep. 350
Our guest today is LeeAnn Shattuck, who is also known as The Car Chick. LeeAnn is passionate about educating consumers about cars and empowering them to make informed decisions when purchasing, selling, and servicing automobiles. She is an automotive expert and is a self-professed “car nut” and a champion race car driver as LeeAnn began learning high-performance driving at the age of 8. She took her passion surrounding cars from NPR on the radio and as the host of the nationally syndicated show:...
Apr 26, 2021•55 min•Ep. 349
It's time for a Friday Flight! These episodes are all about 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 continue to make informed money moves. In this episode we cover some interesting and helpful stories like: free firewood or mulch, YOLO can be a good thing, more financial literacy, flawed ESG funds, staying away from ...
Apr 23, 2021•26 min•Ep. 348
What does it take to win with your money and achieve your financial goals? During this episode, we make a case that the most important factor is grit. It’s not earning six figures, or knowing the exact right investment moves to make. Though both of those are important, they’re not nearly as vital as grit. As Angela Duckworth writes, “Grit is perseverance for very long-term goals”. We begin to succeed when we truly commit to the goals that we’re pursuing. Luckily the amount of grit we possess isn...
Apr 21, 2021•40 min•Ep. 347
We’re kicking off the week by answering your questions! And if you have a question for us, we’d love for you to submit your own via HowToMoney.com/ask/ , send us your voice memo! 1 - I’d like to take some time off work to spend time with my new baby, but what should I be considering? 2 - Am I missing out if I can’t afford to max out my Roth IRA at the beginning of the year? 3 - Is it ok to get a HELOC on our house in order to finish out a garage for the sake of the business? 4 - How can we best ...
Apr 19, 2021•42 min•Ep. 346
It's time for a Friday Flight! These episodes are all about 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 continue to make informed money moves. In this episode we cover some interesting and helpful stories like: moving incentives, Illinois paying off your student loans, free unlimited data with T-Mobile, free beer and nat...
Apr 16, 2021•26 min•Ep. 345
There are a number of confusing things in life- for some it’s deciphering the latest Christopher Nolan film, for others it might be the process of building whatever is in that flat pack box from Ikea. But what about taxes? They can also be a puzzling topic and we also tend to have some janky tax ideas in our brains. Unfortunately, those ideas are often what we base our decisions on if we don’t have a tax professional in our life. So our goal for this episode is to clear up some more common tax m...
Apr 14, 2021•33 min•Ep. 344
Jennifer Barrett is a longtime financial journalist and she has written for publications like The New York Times, The Wall Street Journal, Money, and Newsweek. She has accomplished so much in the world of money: Jennifer has developed and hosted a popular personal finance video course on Udemy, given a TEDx talk on the importance of wealth-building, and she’s also appeared on many TV shows as well. And central to our conversation today, she also has a new book that just came out, that’s titled “...
Apr 12, 2021•42 min•Ep. 343
It's time for a Friday Flight! These episodes are all about the week’s news and the effects of the pandemic on your personal finances. There are a lot of headlines out there, but we are distilling it down to specific takeaways that will allow you to not just weather this health and financial crisis, but to come out on the other side even stronger. In this episode we cover some interesting and helpful stories like: DIY pest control, credit card rewards going unredeemed, a 529 plan happy accident,...
Apr 09, 2021•28 min•Ep. 342
Here’s a saying that we’ve all heard- don’t put all your eggs in one basket. That makes a lot of sense but does it apply to investing? Is one fund enough if you’re invested in a diversified index fund? Or maybe you’re thinking- forget index funds, what about bonds? Shouldn’t I be invested in those as well? These are all questions that we’re going to address during this episode where we discuss asset allocation and how it is that we personally invest. Everyone wants to make wise investing decisio...
Apr 07, 2021•41 min•Ep. 341
We’re kicking off the week by answering your questions! And if you have a question for us, we’d love for you to submit your own via HowToMoney.com/ask/ , send us your voice memo! 1 - How should I go about negotiating rent at my apartment with my landlord? 2 - What steps should we take in protecting our baby’s social security number and identity? 3 - In regards to retirement, how should I be thinking about income replacement? 4 - What is the absolute best way to pay my credit cards off every mont...
Apr 05, 2021•40 min•Ep. 340
It's time for a Friday Flight! These episodes are all about the week’s news and the effects of the pandemic on your personal finances. There are a lot of headlines out there, but we are distilling it down to specific takeaways that will allow you to not just weather this health and financial crisis, but to come out on the other side even stronger. In this episode we cover some interesting and helpful stories like: getting vaccinated, PPE expenses are tax deductible, IRS phishing scams, Robinhood...
Apr 02, 2021•27 min•Ep. 339
You’ve heard us say before that you should be contributing to a Roth IRA, but what exactly is a Roth?! What’s so great about a Roth and is it better than a traditional IRA? In this Bestie episode, we revisit all the many reasons we’re such huge fans and why it is that you should be investing within a Roth IRA if you qualify. And one of the key reasons we wanted to get this episode back on your radar is because you still have time to make your contributions for last year! You have until May 17th ...
Mar 31, 2021•35 min•Ep. 338
This is a must listen if you know someone preparing to go to college, or if you happen to be in that boat yourself! Our guest today is Ron Lieber who has been the Your Money columnist for the New York Times since 2008 and is a three-time winner of the Gerald Loeb Award which is financial and business journalism’s highest honor. He is the author of multiple books including the recently released “The Price You Pay for College” which is already a definitive guide to help parents and students think ...
Mar 29, 2021•52 min•Ep. 337
It's time for a Friday Flight! These episodes are all about the week’s news and the effects of the pandemic on your personal finances. There are a lot of headlines out there, but we are distilling it down to specific takeaways that will allow you to not just weather this health and financial crisis, but to come out on the other side even stronger. In this episode we cover some interesting and helpful stories like: beer deals and food freebies, WTD with expiring travel vouchers, more realtors tha...
Mar 26, 2021•28 min•Ep. 336
