How To Money

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 we direct our kids' attention away from toys and towards faith and the deeper meaning of the holiday season?2 - All my savings are in Robinhood- what should I do?3 - Is it frugal or cheap to regularly drink the free coffee in the leasing office of my apartment complex?4 - Does the wash-sale rule apply to cryptocurrency and how long can I carry those losses forward?5 - Should some extra money go into my 401k or into i bonds instead?During this episode we enjoyed an IQ IPA by Akademia Brewing- a big thanks to Nathan 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

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: reaching FIRE in your teens, crucial life lessons from entrepreneurship, ghosting new employers, when it’s finally time to QuitTok your job, a new reason to hate gift cards, debt collectors on social media, AI credit scores, & how trip insurance works with Omicron.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 a

Please take a moment and just think of all the different diets that you’ve heard of- South Beach, Paleo, Whole 30, juice cleanses, Keto and intermittent fasting. There’s always a new fad just around the corner in the dieting space. And while we’re not experts in the realm of nutrition, we do know that a healthy balanced diet is what you should be striving after. And while there are some helpful elements with these different diets, if you take any one of them to the extreme it’s going to harm your body. And the same is definitely true of your finances- especially when it comes to investing. We’ve seen a rise of alternative investments over the past decade and the last few years have seen a flurry of new platforms giving you new and exciting places to invest your money. But are they a good way for you to invest your money or are they another fad that will lead you astray? During this episode we talk through the pros, the cons, some of the more popular platforms out there, and then how you can incorporate altern

Today we’re talking with our friend Craig Curelop about the magic wealth building technique of house hacking. Back in 2017 Craig had a negative net worth of $30,000. But by implementing different tactics to earn more, spend less, and invest the difference, he was able to reach financial independence two years later in 2019. And of course house hacking played a major role in Craig’s rapid ascent towards financial freedom. We cover all the ins and outs of house hacking and we discuss the different house hacking methods because there are a variety of options that you could go with as some of that depends on your personal situation like if you’re single or if you have a family. We’re going to cover what you need to know, before you start house hacking your way to financial freedom.During this episode we enjoyed a JOGR from Reformation 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 g

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: bookshelf raid giveaway winners, send in your listener money win voice memos, why you should avoid holiday credit card debt, opting out of prescreened credit card offers, what to do if you’re not ready to resume student loan payments, Ohio State eliminating student loans, best wireless deals, Wells Fargo is the worst, a higher standard deduction for 2022, the most tax-efficient way to donate money, & how much Mariah Carey makes on a single song over the holidays.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

Randomly ask any of your friends how often they check their phone, and most will probably say something like 20-30 times, maybe 50 times a day. Yet stats show that ⅔ of Americans unlock their phone over 160 times a day. Luckily screen time and other similar apps can help us to understand that there is a big difference between what we think that we’re doing and what we’re actually doing. As humans we’re not the most rational and self-aware beings. We often believe that we’re incredibly objective but it probably depends more on the day of the week, how hungry we are, and who we’re talking with. But we believe that by understanding and naming some different behavioral science and economic terms, that we can better realize our tendency to make irrational gut reactions and think differently about how and why we make decisions in the first place.During this episode we enjoyed a Volume Integral by Pontoon Brewing- a big thanks to Miguel for donating this one to the podcast! And please help us to spread the word by l

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 invest in my new side business or use that money to max out my Roth IRA?2 - Is it unethical for me to accept financial assistance from a pharmaceutical company if we don’t really need the support?3 - In order to pay for a wedding, is it OK to take some money out of an investment account?4 - We’d like to buy a house in order to fight inflation- is this a good idea?5 - What financial priorities should we focus on now that we’ve had a baby?During this episode we enjoyed a 5th Anniversary Hill by Southern Grist! 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 A

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: raising deductibles to save on premiums, raid our bookshelf, crypto in the vernacular, Christmas tree inflation, keeping your head on Black Friday, bucking consumption trends, a massive right to repair win, a tanking market in 2022, going with an EV to save money, & how to avoid arbitrary asinine hospital bills.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 peopl

Wouldn’t it be nice if you never had a disagreement about money with your partner ever again? Oh the bliss! Even just imagining this conflict-free future might be causing the tension in your shoulders to relax or that headache to fade. Unfortunately, that’s a paradise that’s lost and not something we can promise! Since most Americans report having major conflicts concerning money, it’s important to engage in healthy ways so that we avoid destructive patterns in our relationship as well as with our money. We want to work towards not only growing our wealth but growing and strengthening our relationships as well. During this episode we cover some of the common patterns of arguments we often hear about and what to do about those arguments. We also offer some tips that we believe will allow you to keep simple disagreements from escalating into knock-down-drag-out money fights.During this episode we enjoyed an HDHC CananDANKua by Other Half Brewing- a big thanks to Jason for sending this one our way to enjoy! And

Today we have 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”. With the holidays quickly approaching, 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.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

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: Joel’s first homeowners insurance claim, budgeting for Christmas, what we can learn from Taylor Swift, combating rising prices, most NFTs are worthless, old cell phones are getting bricked in 2022, the impact of robots on the labor market, & the unintended consequences of rent control.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 t

To DIY or not to DIY… you can almost hear that being said in the voice of Hamlet (the Kenneth Branagh Hamlet not the Mel Gibson one, of course.) But while this question is not nearly as existential as the one Hamlet poses, it’s one that we all increasingly find ourselves asking. On one hand you DIY everything in order to save as much money as possible and in the process you also gain a tremendous amount of knowledge- but do you have enough time to live your life? And on the other hand you outsource and hire a pro as often as you can and for the most part you know that the job is being expertly performed by a professional- but do you have enough money to live your life? So we’re establishing a helpful framework for you to make better decisions in today’s episode. We’re focusing on better decisions because there isn’t going to be a right or wrong answer. That’s up to us as individuals and our own specific situations, but we can all go about asking ourselves the right questions when it comes to whether we should

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 daughter doesn’t like the helmet I bought for her that was on clearance - frugal or cheap?2 - How do I overcome some awkwardness as my partner and I combine our finances?3 - Should I be looking to just get the match or should I max out my employer provided 401k?4 - Does it make more sense for an older family member to draw on retirement accounts before social security?5 - Is using a balance transfer credit card a good idea for a large expense I have coming up?During this episode we enjoyed a Bell’s Two Hearted Ale- a big thanks to Chris and all of our friends at the brewery 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 s

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: YNAB raising rates, the 401(EXTRA)k, your office beckons, negotiating higher pay, entrepreneurs are happier, cutting a vehicle with e-bikes, senior citizens and crypto holders getting scammed, millennials love DIY investing, active managed funds disappointing performance, Zillow’s implosion, the future of iBuying, & how to go about refinancing.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 pe

Investing isn’t as simple as just throwing some money in the market and crossing your fingers. Yes, we do want you to invest. And yes there’s a chance you could probably invest more than you currently are. But there are a host of additional considerations that we want you examining before you open a brokerage account on your phone, initiating a transfer, and hitting purchase. Do you know what you’re investing in? Can you easily explain it to a friend? How do you feel about volatility, fees associated with that investment, illiquidity, and your time horizon? We like to think of it like taking a road trip- there are a number of things to do keep in mind like: do I know where I’m going, does my boss know I’m taking time off work, how long am I going to be gone, and can my car even handle a road trip of this magnitude? We’re not trying to dissuade you from investing, but we do want you to think twice before investing.During this episode we each enjoyed an Emergency Drinking Beer by Wild Heaven! And please help us

How necessary is money in order to be happy? That’s one of many questions we’re asking our guest today- Wes Moss. Wes is the host of his own podcast “Retire Sooner” as well as “Money Matters”, the country’s longest-running investment radio show. During this episode we learn about his childhood growing up alongside the Amish, and how that piqued his curiosity as he began writing and researching for his latest book, “What the Happiest Retirees Know”. Wes starred on the Apprentice, is a father of four, and is now the Chief Investment Strategist at Capital Investment Advisors which is a fee-only investment firm w/ over $2.8 billion in assets under management. But during this episode we’re going to really focus on the specific habits that we need to begin cultivating now in order to lead happy and fulfilling lives.During this episode we enjoyed a Fantasia by Upright 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 al

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: we’ll see you at Monday Night Garage tonight, savings rates to the moon, Series I Savings Bonds paying over 7%, credit card debt leading to poor physical health, dodging debt collectors, gig companies under fire, sustainable investing scams, female investors outperforming their male counterparts, and one stingy Shaq.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 peop

*No spoilers contained* We’re not going to make it a habit of dissecting the nuggets of personal finance wisdom that we can glean from popular shows or movies, but that just depends on the show. And in the case of Squid Game, there were way too many money lessons calling out to us to ignore. Personal finance is a fundamental aspect of our lives but oftentimes it’s an area that gets shunted to the side when it comes to the entertainment we consume- that certainly wasn’t Squid Game’s approach. Money is front and center, and even though we’re not going to dive into the specifics of the show and give away any details, there are still a ton of different lessons that we can learn. And the best part if you’ve trimmed Netflix from your monthly budget- you don’t have to be a fan of the show in order to appreciate this episode!During this episode we each enjoyed an Alpha Abstraction IPA Vol 18 by Wild Leap! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button

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 go about paying for some medical tourism?2 - Was my mom right for being upset when her credit card limit was increased?3 - What steps should I take if I want to invest $5,000 locally in my community?4 - As we’re enrolling in a Dependent Care FSA (Flexible Spending Account), what should we consider?5 - Should I use my HSA (Health Savings Account) funds to pay for medical expenses or to invest?During this episode we enjoyed a SchmoojeeBox by Imprint Beer 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.

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: how you should come have beers with us in Atlanta, Buy Nothing groups to save, work stress leading to overspending, new car prices at all time highs, the solution to sky high car payments, “We’ve been trying to reach you about your car’s extended warranty”, Florida man wins the lottery, @jack cries hyperinflation, bots scooping up scarce Christmas gifts, student loan forgiveness made easy, & what to do about federal student loan transfers.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