In a short episode recorded from a Hilton hotel closet in Orlando, Lillian shares some of her tips for traveling to conferences on the cheap – from flights, alternative accommodation, to using Instacart to get food delivered. This Show is Brought to You by our Listeners This show is supported by generous listeners like you through our patreon. This episode was underwritten by the Tamsen G Association, Warrior Queen, and Stephanie Powers. To learn more about ways to support Oh My Dollar! and get ...
Sep 26, 2018•16 min
In a casual interview episode, I’m joined by Mike Merrill. Mike, or KMikeyM, has been doing one of the longest-running art project on capitalism as the world’s first publicly traded person, selling shares of himself to friends and strangers for 10 years. Shareholders then vote on his life decisions. Having just launched my own experiment in community-based capitalism with Oh My Dollar!’s patreon, I thought I should get his advice. We talk about how his personal self-image fluctuates based on his...
Sep 19, 2018•33 min
Does financial uncertainty make you more creative or does it break your creative muscles? Lillian and Will reflect on their plethora of jobs, and Lillian justifies her choice to take a full-time temp job and launch a patreon for the show. (By the way we launch a patreon. Check it out!) Listeners weigh in on if they do better creative work when financially strapped or financially secure. Oh My Dollar! has just launched a membership program on Patreon! If you’re interested in supporting the show a...
Sep 12, 2018•23 min
Today’s guest is not to be missed. Cathy Byrd from Fresh Art International reinvented herself as an artistic nomad after she got laid off in her mid-50’s while in debt. She paid off all her debt a few months after unemployment, including short selling her house and despite being unemployed for 2.5 years, she emerged from unemployment with $22,000 in savings and a new career. We talked about the relationship between art and debt, what emerging artists need to do become financially successful, Cat...
Sep 05, 2018•24 min
Kelly realized that she is doing “real investing” (picking individual stocks) and want to move into index funds instead (which is still investing!) But she’s not sure exactly how to do it. So we walk through how to build an index fund portfolio. Christina asks what she should do with extra money after she pays off her car note when she’s already finished her emergency fund and is contributing to a pension and 403B. Grab the Get Your Money Together cat-filled workbook at ohmydollar.com/book/ Reso...
Aug 29, 2018•23 min
Did you wake up one day and realize you’re accidentally a business owner? When you are a freelancer, you are the business. Danny Schuman accidentally ended up being an entrepreneur, and he figured out how to sustain himself even with the so-called “Worst Business Model of the World”. He shares his tips for freelancers on staying sane as a business owner. We talk about how to build a network when you hate networking, how to not freak out when you don’t know when the next money is coming in, and h...
Aug 22, 2018•19 min
Maddie asks how to pick a bank from all the different options: credit union, online bank, local bank, multi-national – how do you choose?! Choosing a bank is hard! Some things to consider: How often you need to deposit cash or checks too large for an ATMHours of the bankBanking fees for holding accountMinimum balance requiredOther account requirements (direct deposit or debit transactions)Your politics (would your rather have a bank or credit union?) – check out this list of political donations ...
Aug 15, 2018•25 min
Lillian goes on a calm rant about the common refrain that you simply need to work on your “money mindset” to improve your financial outcome…while also talking about the value of it. We’re a big fan of this episode’s sponsor, Haven Life. If you’re interested in getting financial peace of mind for your family for an affordable price, get a quote at welcome.havenlife.com/omd Learn more about your ad choices. Visit podcastchoices.com/adchoices
Aug 01, 2018•25 min
Lillian and Will walk through the basics of the home office deduction – and how things have changed under the new tax plan for 2018! You don’t need to have an LLC or own your home to take the home office deduction, but there are some things you need to know! We’re a big fan of this episode’s sponsor, Haven Life. If you’re interested in getting financial peace of mind for your family for an affordable price, get a quote at welcome.havenlife.com/omd Learn more about your ad choices. Visit podcastc...
Jul 25, 2018•21 min
Jessica asks if she should buy a house or keep renting in her cheap apartment longer, and more listeners share their experiences with homeownership. Episode Links: My favorite calculator to determine your monthly mortgage paymentThe NYtimes Rent Vs Buy CalculatorThe Get Your Money Together Giveaway including a Passion Planner, RescueTime Pro for a year, and a cat bowtie: ohmydollar.com/giveaway/Welcome to our new sponsor, Haven Life Insurance Company. If you’ve been putting off getting life insu...
Jul 19, 2018•21 min
Lillian & Will share their own post-graduation money mistakes and give some tips for new college graduates on dealing with student loans, budgeting, and getting established. Get a copy of Get Your Money Together for the new grad in your life that could use some fur-iendly cats explaining finance http://www.ohmydollar.com/book/ Learn more about your ad choices. Visit podcastchoices.com/adchoices
Jun 27, 2018•29 min
Variable Income. We’ve mentioned it a lot on this show because the more variable your income, the less traditional finance advice helps you. Today we talk about how to handle variable income when you’re anxious or neurotic (like Lillian!) So we’ll walk through a few things you can do to handle it. Lillian book Get Your Money Together – a cat-filled illustrated guide to purrsonal finance is shipping now! Learn more about your ad choices. Visit podcastchoices.com/adchoices
Jun 14, 2018•25 min
Will and Lillian dive into a meta-episode about Oh My Dollar! at Outlet PDX for the launch of the Get Your Money Together book in front of a live audience and answer some questions about the show. Grab a copy of the book here! Learn more about your ad choices. Visit podcastchoices.com/adchoices
Jun 04, 2018•18 min
Listener Eva asks a question about picking investments in her 401K – should she stick with just a stock index fund or also a bond index fund? Here’s the J Collins Stock Series that Eva referenced (and I recommend) for an entertaining but illuminating view on investing (it’s more fun than it sounds). For more on investing allocations explained by cats, grab a copy of Lillian’s cat-filled purrsonal finance book, Get Your Money Together at ohmydollar.com/book/ Learn more about your ad choices. Visi...
May 29, 2018•16 min
This bonus episode is probably one of my favorite dense episodes that’s a departure from our normal topic: Malcolm and Simone Collins are a married couple and tour de force for figuring out your values with brutal pragmatism – your objective function, as they call it. We cover topics like “what are logical fallacies people make with money?” and “how do emotions help you actually find your values?” and “if your number one value is family, how do you relate that to career and money?” If you want t...
May 29, 2018•18 min
Author and illustrator Jason Porath, of the Rejected Princesses series, joins us to talk about some financially savvy women in history we might not know about, and talks about his experience making a living as a creator online. This is a longer version of what aired on radio, just for you, podcast listeners! Check out Rejected Princesses to see more of Jason’s work. Grab a copy of Tough Mothers: Amazing Stories of History’s Mightiest Matriarchs here. Learn more about your ad choices. Visit podca...
May 14, 2018•24 min
Lillian walks through a lot of the misconceptions about homeownership – including the idea that you haven’t “adulted” until you’ve insta-bragged about buying a house. Buying a house can be a great decision, but don’t get caught up in some of the myths about homeownership. Resources: jlcollinsnh: Why Your House is a Terrible Investment? Afford Anything: Renting is Throwing Away Money…Right? (contains the Rent:Buy calculation) NYTimes Rent Vs Buy Calculator Join our launch party! http://www.ohmydo...
May 08, 2018•17 min
A free form episode where Will & Lily talk about the Get Your Money Together book, when the right time is to follow up on an unpaid invoice, how to pay for big business purchases, and their biggest single expenses. ever. Get the book at www.ohmydollar.com/book/ Learn more about your ad choices. Visit podcastchoices.com/adchoices
Apr 30, 2018•16 min
Many people wonder how to figure out how to find a financial advisor without getting screwed over. Michael Dinich helps us untangle all different types of financial professionals out there. You can find out more about Michael Dinich at Yourmoneygeek.com If you’re in Portland, please join us at an adorable cat-filled launch party on May 17th for the Get Your Money Together book. RSVP here: ohmydollar.com/booklaunch/ Learn more about your ad choices. Visit podcastchoices.com/adchoices
Apr 24, 2018•20 min
Money mistakes. We’ve all made them. Those blunders or miscalculations that end up costing you money – and maybe upset a financial stability you’ve worked to build. Jen Hemphill, the author of Her Money Matters, joins us to talk about messy money mistakes and money stories. Check out her book and podcast here: https://jenhemphill.com/book Learn more about your ad choices. Visit podcastchoices.com/adchoices
Apr 16, 2018•17 min
One of the wonderful things about modern society is that when I have have a material need, if I have some money, I can usually exchange money to help fulfill that need. But comments on Lillian’s monthly financial reports prompted her to examine what money really solves. Get Your Money Together, Lillian’s illustrated purr-sonal finance book comes out next week on tax day (4/17): pre-order at ohmydollar.com/book Learn more about your ad choices. Visit podcastchoices.com/adchoices
Apr 09, 2018•12 min
We answer two listener questions: How to figure out if you should be a non-profit, LLC, or become a corporation? and L asks how to set their patreon tiers (16:45) to make sure they can take money home. Reminder! You can pre-order the cat-filled Get Your Money Together workbook right meow at ohmydollar.com/book Learn more about your ad choices. Visit podcastchoices.com/adchoices
Apr 01, 2018•23 min
Allison writes in to ask about what to do with a “medium” inheritance, and Lillian helps explain how PHD students might not qualify to save in a Roth IRA. Don’t forget, you can pre-order Get Your Money Together workbook at ohmydollar.com/book Learn more about your ad choices. Visit podcastchoices.com/adchoices
Mar 25, 2018•12 min
Inspired by Jesse Horn at the Bond conference, Lillian and Will talk about why you shouldn’t feel bad about acquiring money, just because capitalism is immoral. Also spending less than $90 on a trip to SF. Reminder that Get Your Money Together book is almost here, and it’s not too late to get the pre-order chapters! Order at ohmydollar.com/book/ Learn more about your ad choices. Visit podcastchoices.com/adchoices
Mar 19, 2018•12 min
Eric Brotman from Brotman Financial Group joins us to talk about how to have the hard conversations about money with your parents, and help them plan for their own retirement. Check out Eric’s book on lowering your taxes at http://www.lowtaxbook.com/ Learn more about your ad choices. Visit podcastchoices.com/adchoices
Mar 06, 2018•14 min
We bring back a new spin on an old topic from the archives: how to make a budget based in your own values – and how to talk about money with your spouse, partner, co-parent, or even just roommate [starts at 5:32] There’s still time to join the weekly chapter read-alongs. Just head over to ohmydollar.com/book/ Learn more about your ad choices. Visit podcastchoices.com/adchoices
Feb 26, 2018•17 min
We answer a potpourri of listener questions: Where do you keep an emergency fund? A money market? (1:21 timestamp) What is a CD ladder? (5:58 timestamp) Listener C just got a letter saying she had defaulted on her student loans. How does she get a handle on what she owes and where? (11:30 timestamp) What are the repayment options? Get Your Money Together workbook is a doing weekly chapter read-alongs and purrsonal finance challenges right meow! Join by pre-ordering the ebook at http://www.ohmydo...
Feb 19, 2018•28 min
When you’re depressed, it can be hard to get off the couch, let alone worry about your budget. Lillian shares some tips for handling your personal finances when you’re depressed. Set things on autopay. Ask a friend (or even me) to sit with you while you get everything on autopay. Don’t focus on on your money (especially things outside of your control) after you get things on autopay. Anxiety over 401Ks. Consider implementing a cash budget in some categories to prevent impulse spending – especial...
Feb 12, 2018•17 min
Eva asks if she really has to adult-up and get disability insurance (yes!) Rebecca wants to know if whole life insurance makes sense if someone can’t get term due to mental health hospitalization. Josh wants to know how to cash a savings bond when his credit union won’t take it. Here’s the link with info to mail it in. And Debbi wants to know if her kids’ 529 plans are properly invested. If you’re ready to get some purrsonal finance merit badge stickers, or pre-order the Get Your Money Together ...
Feb 05, 2018•21 min
Early Retirement? I always thought that sounds like something only for silent velcro millionaires or tech bros – but it can be achievable without a windfall. We talk about the keys of starting with your values, budgeting, and using frugality to build up an income stream where you don’t have to have a traditional job. We have two folks who are early retired or FIRE’d (Financially Independent/Retired Early) on to share the basics of building an early retirement plan. It’s a long episode, but a goo...
Jan 29, 2018•51 min
