How To Money

Would you ever pick up the habit of smoking in order to lose some weight? After all it is effective- by lowering your metabolic rate and reducing your appetite you’re bound to shed a few pounds. It sounds like a quick fix worth considering, but ultimately we hope that this isn’t something that you would do because everyone is well aware of the longer-term health consequences of smoking. The downsides are too severe. But we think this is exactly what is happening when you prioritize getting rich over building wealth. Sure there will be some short-term goals and lifestyle improvements that you’ll be able to make, but the long-term effects of pursuing a lifestyle like this are ultimately going to undermine your financial foundation. Listen as we talk about the differences between getting rich and building wealth. We also highlight some unhealthy behaviors that we might be tempted towards, in the pursuit of riches. And then finally we discuss how it is that we can actually build our own wealth.During this episode

How concerned should I be about getting audited? How much should my business make before I file as an S Corporation? Is there a free accounting software option out there? These are just a few of the questions we have for our guest today, Shannon Weinsteen. Shannon is a CPA, coach, and mentor for small business owners who want more perspective and less paperwork when it comes to their finances. Her company, Fitnancial Solutions, offers tax strategy and fractional CFO services delivered from the heart of a teacher who values connection and authenticity. Shannon’s real-life relatable examples make the financial side of business less daunting so you can focus on serving your customers and making money. She is the host of the Keep What You Earn podcast and we’re excited for you to hear some straightforward advice to lower your tax bill.During this episode we enjoyed a Quantum Desolation by Little Cottage! And please help us to spread the word by letting friends and family know about How to Money! Hit the share but

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 relevant and helpful stories like: capital gains taxes even if you didn’t sell, paying less at the pump, the best credit cards for cashback at gas stations, IRS refund tracker, living paycheck to paycheck on six figures, folks flocking to FIRE, higher costs for childcare, date nights on the cheap, fatter paychecks, and eating organic for less.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

Scams are kind of like zombies. The formerly popular TV show The Walking Dead is set in a sort of zombie apocalypse and was filmed here in Atlanta. But like zombies, the scams never stop and there seems to be a never-ending litany of folks who are trying to get their hands on our money. It truly is a serious problem- the FTC received 5.7 million reports with a total of $5.9 billion lost to scams in 2021! And on top of that scammers have gotten really sophisticated and are specifically targeting younger folks by using platforms like social media or dating apps and targeting Venmo balances and crypto holdings. Listen as we discuss a number of different sneaky scams that are targeting a younger generation, how they work, and then what you can do to protect your money.During this episode we enjoyed an Electric Venom by Little Cottage! 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

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 disagree with y’alls car buying formula- surely you guys wouldn’t be cool with me buying an $80k car?!2 - Is it worth our time and money to meet with a comprehensive financial planner?3 - What are the benefits of an ABLE account and which states offer the best plan?4 - The dividends and gains I’ve experienced in my portfolio have dramatically increased my tax liability- what can I do?5 - Should I use a debit rewards card to earn cashback on my monthly rent?During this episode we enjoyed a Le Petit Prince by Jester King! 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

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 relevant and helpful stories like: an investing strategy while a war is raging, when the price is wrong, shrinkflation and incessant fees, being forced to take out a car loan, finding an affordable rental car, financial literacy that sticks, and DIY hearing and vision test apps.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 frien

It’s time to go Parks-and-Rec on this episode and talk about treating yo self while still being a responsible adult and not breaking the bank. There’s nothing wrong with the occasional treat- we all want to be able to splurge every now and again. But we also need to make sure that we’re not going overboard to the detriment of our financial health. Companies are waging war against our credit cards and checking accounts with advertising agencies at their sides. Our attention has been hijacked by marketers and this often leads to us buying more stuff that we don’t actually need. Couple that with rising prices due to inflation and higher levels of consumer debt and we realize that it’s going to take a healthy combination of wisdom, discipline, and intentional spending. Listen as we tackle all of this and as we propose some rules that will help us to be effective, but not excessive when it comes to treating ourselves.During this episode we enjoyed a Cherry Livelihood Jackie O's! And please help us to spread the wo

Our mental state has so much to do with how we handle our money- this is one of the many things we talked about with Paco de Leon. Paco founded The Hell Yeah Group which is a financial firm focused on inspiring creatives to engage with their personal and business finances. She started this work after her experiences in small business consulting, financial planning, and wealth management. Paco’s work has been featured in The New York Times, Forbes, and NPR and her new book “Finance for the People” was published earlier this month. Not only is she the author, but Paco is also the illustrator- her drawings do a fantastic job driving home the different points she makes in her book so we’re recommending it for all the visual learners out there. During this episode we talk about what Paco learned from being a debt collector and her time in the marijuana industry, what it takes to be a creative freelancer, the role our emotions play, how she keeps her consumption in check, and plenty more!During this episode we enjo

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 relevant and helpful stories like: medical tourism leading to an in vitro fertilization win, the S&P has entered correction territory, US cities with the worst traffic, bike buses dominating the road, money as a hobby, the Equifax settlement FAIL, BlockFi and how you should approach stablecoins, the rise of crypto trading fees, 401k millionaires, & a new airfare subscription.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 p

Sure you’ve heard the term- you know that capitalism is the primary economic system here in the United States, but is it the best option? And especially as of late, capitalism seems to be getting dragged through the mud. Depending on what you’re reading and who you’re listening to, you might be beginning to think that capitalism is the worst! However, we believe it’s actually a force for good and is an idea and concept that many fail to appreciate. Similar to the undervalued baseball players that Billy Beane scouted for the A’s to turn around their club, or something as simple as dental floss when it comes to taking care of your teeth- capitalism isn’t sexy, but it gets the job done. While we don’t think it’s the perfect solution, we’re going to spend this episode breaking down capitalism, why we think it works, and then what this means for us as individuals.During this episode we enjoyed a Bourbon Barrel Brick Kiln by Jackie O’s! And please help us to spread the word by letting friends and family know about

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 my statement balance or my current balance, and what’s the difference?2 - What happens to money that is in unused 529 plan?3 - Am I being Frugal or Cheap by hacking the meal kit delivery service promotions?4 - Does it make sense to wipe out my student loans if it means it’s going to wipe out my savings?5 - I’ve inherited a house- should I rent it as an investment property or just go ahead and sell it?During this episode we enjoyed a Peanut Butter & Jelly by Edmund's Oast! 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

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 relevant and helpful stories like: whether or not everyone should have a HELOC, used cars costing more than new, direct to consumer cremations, taking 36 months to pay for a cell phone, investing in emojis, cryptocurrency tax refunds, why high interest savings rates really aren’t that high, & credit card ‘thank you points’ vs cashback.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 sma

Whether you’re a fan of karaoke or not, it’s probably not a huge deal for you to stand up in front of some friends and belt out a favorite song of yours from highschool- maybe some Hootie & the Blowfish or a Kelly Clarkson hit. You might be a little nervous but you’re not going to give it too much thought. But now imagine having to sing that song in a stadium full of people. Things are going to be a bit different aren’t they?! You’re likely going to be much more nervous because the stakes are a lot higher! Well similarly, the stakes are higher than ever when it comes to finding the right housing for you. Prices have gone through the roof whether you’re renting or looking to buy. The typical American homeowner saw a gain of $50,000 of home equity in 2021- that’s insane! With the stakes so high, we’re going to weigh in with our thoughts about how you should proceed if you’re not sure whether you should keep renting or take the plunge into homeownership.During this episode we enjoyed an El Cedro by Jester Ki

Happy Valentine’s Day! This is a timely episode with it being February 14th and we’re really excited to be talking with financial therapist Ed Coambs. Ed is an internationally recognized leader in financial therapy who has been cited by the Wall Street Journal, the AP, Time, and CNBC. And he has the credentials as well- he earned his master's degrees in business, counseling, and financial planning and is a licensed marriage and family therapist, certified financial planner, and certified financial therapist. Ed leads couples through therapy from financial despair and frustration into financial intimacy and connection, by helping them figure out and understand what’s really going on. And we discuss some of the concepts in his book as well: “The Healthy Love & Money Way”. In the book he explains where our attitudes toward money stem from, and what we should do about it. We discuss attachment styles, common relational money issues, financial infidelity, and more during this episode.During this episode we enj

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 relevant and helpful stories like: thousands in student aid left on the table, employer student loan assistance, inflation and prices remain high, employees care less about money and more about time, early retirement idiocy, a healthier view of work, avoiding the prime membership rate increase, & whether discount airlines joining forces is a good thing.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 mor

There’s a big difference between knowing that you could be involved in a car accident, and then actually getting 5 car pile up. Of course you know it’s a possibility, you have the head knowledge that you should be careful and alert, but it’s another thing completely to have experienced it firsthand. The same thing can be true when it comes to investing in the stock market- we know that occasionally there are going to be corrections, but until we actually experience those downturns ourselves, we’re not totally sure how we’re going to react. Our fear and emotions might cause us to do something we’d later regret. And lucky for us we recently had a downturn in the market so now is a great time to talk about what we can learn from the past, what is currently going on with the stock market, and what we can do to prepare for future volatility.During this episode we enjoyed A Force for Good 2021 by Creature Comforts- a big thanks to Nathan for donating this delicious beer to the show! And please help us to spread the

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’ve doubled my salary- what should I do next?!2 - My partner spends way more money than I do and it’s stressful- how do we resolve this conflict?3 - How do I go about giving a gift to my niece that will teach her about personal finances?4 - Is there a way I can save for college while keeping that expense low?5 - Should I sell some individual single stocks that my grammy used to give me?During this episode we enjoyed a Bird Brains Blackberry Boysenberry by Birds Fly South! 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 podcast

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 relevant and helpful stories like: Kumiko Love book giveaway winners, hope you get rich!, internet nutrition labels, best consumer deals for February, Domino’s paying you to pick up your own pizza, inflation taking a bite out of the value menu, buh bye overdraft hello CoverDraft, getting charged more for renewable energy, the proliferation of financial advice and scams on social media, micro-philanthropy on the rise, 2 week test drives, using your tax refund to buy I Bonds, & why you might get a smaller tax refund this year.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 alr

Some of the most important financial decisions we make are done infrequently. So because of that we feel a little rusty every time we perform that task. Buying a car is one of those infrequent decisions that can oftentimes blindside us if we’re not prepared. On one hand this can be an exciting time, but on the other it can be really nerve-wracking since the average person buys a car every six years. That’s plenty of time to forget how to do it by the next time you need to buy a car. And that problem is compounded by the fact that we’ve seen a huge shift over the past 18 months in pricing and purchasing dynamics. Supply chain issues have led to much higher prices! Since so much is at stake, it’s crucial that you take the proper steps to make sure you’re going about buying a car the right way.During this episode we enjoyed a Pothole City Rocky Road Stout by Pipeworks 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 no

Let’s talk about ways to cut your rent! A recent stat showed that over 44 million American households are renters- that means there are more folks renting now than at any point since 1965. With increasing rents we felt that it was time to focus on some proven ways to reduce that monthly expense. Justin Pogue is our guest today and he’s an author and real estate consultant where he works with property management companies and investors. Since 2003, he has developed and managed apartments, rental homes, and student housing across the United States. ApartmentTherapy, Realtor.com, and FOX News have featured his insights, and we’re glad he’s now here with us on HTM to talk about ways to reduce rent. We talk about entering into a negotiation mindset, the best times of year to get a deal, putting yourself in the shoes of a landlord, protecting your deposit, and more!During this episode we enjoyed a Speltz Wrong by Dssolvr! And please help us to spread the word by letting friends and family know about How to Money! H