How To Money

This week on the pod we’re answering your questions! 1 - Condos: are they a good investment? Should I consider one instead of a house? 2 - What are all the different types of auto insurance that are offered? 3 - I have whole life insurance. Should I cancel immediately or let it sit around to allow the cash value to grow? 4 - Unfortunately I’ve already signed up with a debt settlement company, but should I stick with them if they’re settling and negotiating my debts? 5 - Frugal or Cheap? I’m going out of my way for a free charge for my electric car.And if you have a question for us, we’d love for you to submit your own via HowToMoney.com/askDuring this episode we enjoyed a Second Fiddle by Fiddlehead Brewing Co- another big thanks to Cameron here in Atlanta for donating this beer to the show! And if you enjoyed this episode, be sure to subscribe and give us a quick review in Apple Podcasts or wherever you get your podcasts- we’d love to hear from you.Best friends out! Learn more about your ad-choices at https

Over the course of our lives, our habits become ingrained and the small things we do day after day shape who we become. This is especially true of our money as simple routines can be life-changing, but don’t forget the door swings both ways. While positive financial habits can lead to massive wins for us down the road, negative habits can lead to some pretty grim consequences. In this episode we discuss the ‘what’ and the ‘how’- what are some great financial behaviors to begin practicing, and how to stick with it and transform those behaviors into long lasting habits.During this episode we enjoyed a Heady Topper by the The Alchemist- a big thanks to Cameron here in Atlanta for donating this beer to the show this week! And if you enjoyed this episode, be sure to subscribe and give us a quick review in Apple Podcasts or wherever you get your podcasts- we’d love to hear from you.Best friends out! Learn more about your ad-choices at https://www.iheartpodcastnetwork.comSee omnystudio.com/listener for privacy info

Tiffany Aliche is also known as the Budgetnista and her mission is to make life-changing financial education accessible to women worldwide. She’s been featured on MSNBC, The Today Show, Forbes- and earlier this year she was instrumental in a new law that passed in New Jersey that will have a massive impact on financial education. We also dive into her history with money and how even though she was raised in a household that prioritized money discussions, she still made some costly mistakes that left her broke before climbing out of that debt. Now, she has already helped over 800,000 women worldwide collectively save more than $100 million, and pay off over $75 million in debt, purchase homes, and transform the way they think about their finances.During this episode we enjoyed a Mountain Beer Kolsch by Telluride Brewing Co- a big thanks to Alex there are the brewery for donating this beer to the show! And if you enjoyed this episode, be sure to subscribe and give us a quick review in Apple Podcasts or wherever

Housing costs are a significant expense, gobbling up around 37% of most American’s take home pay- other categories don’t even come close! Spending less on housing will have an inordinate impact on the amount of money you’re able to save and invest, and house hacking is one of the best ways to achieve this goal. House hacking is a tactic that everyone should consider- whether you pay rent or have a mortgage, you’re a candidate for transforming a monthly expense into a source of revenue. Listen as we demystify some different approaches to house hacking as well as our personal experience with this valuable practice.During this episode we enjoyed Mosaic Coyote by Yellowhammer Brewing- a big thanks to Matt’s dad, Tim, for donating these beers to the show this week! And if you enjoyed this episode, be sure to subscribe and give us a quick review in Apple Podcasts or wherever you get your podcasts- we’d love to hear from you.Best friends out! Learn more about your ad-choices at https://www.iheartpodcastnetwork.comS

This week on the pod we’re answering your questions! 1 - What should I do with my old employer sponsored retirement plan? 2 - Where should I invest being fresh out school and in my 20s? 3 - Solar- finance and take the tax credit now or wait and save to pay cash? 4 - I’m receiving 8k from the Peace Corps once I complete my service- what should I do with that money? 5 - Should I extend a line of credit to pad my emergency fund?And if you have a question for us, we’d love for you to submit your own via HowToMoney.com/askDuring this episode we enjoyed a Nazionale by Birra Baladin- a big thanks to our buddy Andrew for donating this beer to the show! And if you enjoyed this episode, be sure to subscribe and give us a quick review in Apple Podcasts or wherever you get your podcasts- we’d love to hear from you.Best friends out! Learn more about your ad-choices at https://www.iheartpodcastnetwork.comSee omnystudio.com/listener for privacy information.

We talk a lot about investing- whether that be in the stock market, in real estate, or in bitcoin (JK don’t ever do that)! But it’s not often that we discuss investing in ourselves- our personal capital is one of the greatest assets we have! The power to grow our income based on our unique skills is crucial as we develop personally and professionally. While many folks stop growing their knowledge and experience once they receive that diploma, challenging ourselves to grow in these areas can have a massive payoff down the road.During this episode we enjoyed a Whiskey Peach Cider by Western Cider Co- another big thanks to Rae in Missoula for donating to the show this week! And if you enjoyed this episode, be sure to subscribe and give us a quick review in Apple Podcasts or wherever you get your podcasts- we’d love to hear from you.Best friends out! Learn more about your ad-choices at https://www.iheartpodcastnetwork.comSee omnystudio.com/listener for privacy information.

Kristy Shen has an amazing story- from growing up in China on $0.44 a day to becoming financially independent at age 31 and traveling non-stop around the world. Kristy writes about money on her site Millennial-Revolution and shares her story in the new book she wrote with her husband called “Quit Like a Millionaire.” In this interview we cover a number of topics that range from her remarkable childhood and the surprising benefits of a scarcity mindset, all the way to analyzing what degree to pursue and her experience with geographic arbitrage.During this episode we enjoyed a Blood Orange Gose by Draught Works- a big thanks to Rae in Missoula for donating this beer to the show! And if you enjoyed this episode, be sure to subscribe and give us a quick review in Apple Podcasts or wherever you get your podcasts- we’d love to hear from you.Best friends out! Learn more about your ad-choices at https://www.iheartpodcastnetwork.comSee omnystudio.com/listener for privacy information.

There’s a lot of crappy financial advice out there. Some sayings you might hear all the time and you’re not even sure where they even originated- maybe they’re more of a proverbial phrase. There are also bits of wisdom that might have been good at some point, but are now just outdated- it’s time to retire those old ways of thinking! And other phrases might just be broad blanket statements, but our financial landscape today requires a bit more nuance. We’re going to tackle some of these sayings and determine what we should and shouldn’t be doing with our money.During this episode we enjoyed a Golden Sabbath by Big Island Brewhaus- another big thanks to Cody in Hawaii for donating these beers to the show this week! And if you enjoyed this episode, be sure to subscribe and give us a quick review in Apple Podcasts or wherever you get your podcasts- we’d love to hear from you.Best friends out! Learn more about your ad-choices at https://www.iheartpodcastnetwork.comSee omnystudio.com/listener for privacy informati

This week on the pod we’re answering your questions! 1 - I’m moving to the beach, should I keep my current house as a rental or sell it? 2 - When applying for credit cards, what do I put as my income if I have irregular or unearned income? 3 - What should you keep in mind if considering bankruptcy? 4 - Instead of having an escrow account with my mortgage company, should I save the money myself? 5 - My sister is in college- where can she start investing money in a Roth account?And if you have a question for us, we’d love for you to submit your own via HowToMoney.com/askDuring this episode we enjoyed a Moku Imperial IPA by Lanikai Brewing Co- a big thanks to Cody in Hawaii for donating this beer to the show! And if you enjoyed this episode, be sure to subscribe and give us a quick review in Apple Podcasts or wherever you get your podcasts- we’d love to hear from you.Best friends out! Learn more about your ad-choices at https://www.iheartpodcastnetwork.comSee omnystudio.com/listener for privacy information.

Loyalty to certain brands, stores, or service providers could be costing you a ton of money. The same might be true when it comes to your devotion to an employer - your loyalty might be keeping you from earning more. There are times when loyalty is appropriate and justifiable, and we’ll discuss those instances, but just be mindful of where your allegiances lie. Sure, dedication can be great in your personal life with friends and loved ones, but we want you to question your loyalty, especially when it comes to faceless corporations where there isn’t any personal connection.During this episode we enjoyed a Fairy Nectar London by Kros Strain Brewing Co- another big thanks to Joey in Omaha for donating both beers to the show this week! And if you enjoyed this episode, be sure to subscribe and give us a quick review in Apple Podcasts or wherever you get your podcasts- we’d love to hear from you.Best friends out! Learn more about your ad-choices at https://www.iheartpodcastnetwork.comSee omnystudio.com/listener fo

Talking with your parents about their finances might prove to be a very difficult conversation- discussing religion and politics may even seem like a walk in the park compared to breaching the topics of retirement, long term care, and wills. Which is why we’re so thankful to have Cameron Huddleston join us to explain how we can go about having these essential conversations with our parents. She has recently published her book “Mom and Dad, We Need to Talk” and she is here to walk us through initiating and leading these conversations with our parents about their finances. Thank you, Cameron, for breaking this down for us and encouraging us to get started!During this episode we enjoyed a Fairy Nectar by Kros Strain Brewing Co- a big thanks to Joey in Omaha for donating this beer to the show! And if you enjoyed this episode, be sure to subscribe and give us a quick review in Apple Podcasts or wherever you get your podcasts- we’d love to hear from you.Best friends out! Learn more about your ad-choices at https:/

Much of our financial life often revolves around one number- our credit score. It’s really important that your score is in a healthy range as it impacts loan terms, insurance rates, and even job offers. Luckily we all have free access to our credit scores, credit reports, and the steps we need to take to ensure that our credit score is in great shape. We’re sharing that information with you in this episode. Depending on your history, it could be a long road of rebuilding your credit, but boosting your score can help in more ways than you may even realize!During this episode we each enjoyed a Whitewall Wheat by Crank Arm Brewing- a big thanks to Cody in NC for donating this one to the show! And if you enjoyed this episode, be sure to subscribe and give us a quick review in Apple Podcasts or wherever you get your podcasts- we’d love to hear from you.Best friends out! Learn more about your ad-choices at https://www.iheartpodcastnetwork.comSee omnystudio.com/listener for privacy information.

This week on the pod we’re answering your questions! 1 - Should I continue investing with an impending market correction? 2 - What should I do with the money I’m setting aside for new baby expenses? 3 - After some hail damage, should I fix my car or keep the insurance money? 4 - How does compounding work for investments like stocks? 5 - Do I have to pay quarterly estimates or should I invest that money instead?And if you have a question for us, we’d love for you to submit your own via HowToMoney.com/askDuring this episode we enjoyed a Fancy Dance by Skydance Brewing Co- a big thanks to Patrick in Oklahoma for donating this beer to the show! And if you enjoyed this episode, be sure to subscribe and give us a quick review in Apple Podcasts or wherever you get your podcasts- we’d love to hear from you.Best friends out! Learn more about your ad-choices at https://www.iheartpodcastnetwork.comSee omnystudio.com/listener for privacy information.

What do you do for fun? This might seem like a trivial question, but discovering your hobbies can have some pretty large impacts on your financial health and overall well-being. Of course we want to ensure that we’re pursuing frugal hobbies and that we’re being intentional by curating our interests. The mindless pursuit of expensive hobbies is never a good thing- but reaching the end of our working career and finding ourselves bored and restless sounds like a nightmare scenario! We live in a work driven culture, and so we need to cultivate these hobbies and interests now so that we have something to look forward to in retirement other than just ‘not working’. We talk long-term about our money all the time, so this week we’re talking long-term about our hobbies.During this episode we each enjoyed a Bourbon Barrel Peach Cider by Tieton Cider Works- a big thanks to Jenna there at the cidery for donating this one to the show! And if you enjoyed this episode, be sure to subscribe and give us a quick review in Appl

This episode is chock full of personal finance gold. Sure, we spend a good amount of time talking about negotiating, but we also cover intentional spending, the psychology behind being smart with your money, and rethinking the money ‘truths’ we’ve grown up with. We are stoked to have Ramit Sethi join us as we cover all those topics and more, which can also be found in his book ‘I Will Teach You to be Rich’ (and stick around to the end as we’re giving away a few copies as well)! Ramit has written about personal finance for the Wall Street Journal and the New York Times and is a veteran in the personal finance community. Living a rich life is different for everyone and we’re glad to have Ramit Sethi on this episode to remind us to dream big.During this episode we each enjoyed a cold brewed coffee since we recorded this episode in the morning (back with craft beer next week)! And if you enjoyed this episode, be sure to subscribe and give us a quick review in Apple Podcasts or wherever you get your podcasts- we’d

If you have a difficult time setting aside money for the future and saving towards retirement, then identifying why it is that you’re saving might be what you’re missing. Studies have even shown that we will save more money for retirement when we’re able to see an older version of ourselves- so maybe trying out FaceApp is a good thing after all! Even though we all might have different motivators, it’s healthy to remind ourselves of why it is so important to save and invest. And actually realizing and understanding that we’re going to be old one day is crucial when it comes to maintaining a high savings rate in our 401k, IRA, and other investment vehicles.During this episode we enjoyed a Christmas Bomb by Prairie- a big thanks to Jeff for donating this beer to the show! And if you enjoyed this episode, be sure to subscribe and give us a quick review in Apple Podcasts or wherever you get your podcasts- we’d love to hear from you.Best friends out! Learn more about your ad-choices at https://www.iheartpodcastnet

This week on the pod we’re answering your questions! 1 - Is it OK to buy a new car if I’m going to keep it for 15 years? 2 - What receipts should I keep for tax purposes on the portion of my duplex I’m renting? 3 - What were y’all taught and what should I be teaching my kid about money? 4 - As a higher earner, is there any tax benefit to contributing to my IRA when I’m already covered by a retirement plan at work? 5 - Where should I consider opening a small business account for my new business?And if you have a question for us, we’d love for you to submit your own via HowToMoney.com/askDuring this episode we enjoyed an Okie by Prairie Artisan Ales- a big thanks to our friend Abe here in Atlanta for donating this beer to the show! And if you enjoyed this episode, be sure to subscribe and give us a quick review in Apple Podcasts or wherever you get your podcasts- we’d love to hear from you.Best friends out! Learn more about your ad-choices at https://www.iheartpodcastnetwork.comSee omnystudio.com/listener for

We should all probably watch a little less TV than we do, but that doesn’t mean we shouldn’t be getting a deal in the process! The television bundle is the priciest way to watch and you should consider a free or streaming option because there are now so many choices. And you don’t have to sacrifice and give up a particular show or live sports if that’s your thing- there’s a really good chance you can find a video service, providing the content you’re looking for, that will be substantially more affordable than your local cable or satellite provider.During this episode we enjoyed a Saison Du Ble by Side Project- a big thanks to our buddy David here in Atlanta for donating this beer to the show! And if you enjoyed this episode, be sure to subscribe and give us a quick review in Apple Podcasts or wherever you get your podcasts- we’d love to hear from you.Best friends out! Learn more about your ad-choices at https://www.iheartpodcastnetwork.comSee omnystudio.com/listener for privacy information.

The leading cause of bankruptcy in America is the inability to pay medical bills- an estimated half a million people file for this reason every year! Almost no one is immune to the rising cost of healthcare, and fellow podcaster Dan Weissmann is here to commiserate. Dan’s podcast, An Arm and a Leg, is part journalism part personal narrative as he dives into real life experiences of Americans with their health coverage. Healthcare is definitely confusing, and based on the fact that our country spends almost 20% of our GDP on medical spending- it is also clear that costs are out of control. During this episode we each enjoyed an SKB IPA by Sun King Brewery- a big thanks to James for donating this beer to the show! And if you enjoyed this episode, be sure to subscribe and give us a quick review in Apple Podcasts, Castbox, or wherever you get your podcasts- we’d love to hear from you.Best friends out! Learn more about your ad-choices at https://www.iheartpodcastnetwork.comSee omnystudio.com/listener for privacy

Health Savings Accounts aren’t just for paying your medical bills- when used properly, they are pure retirement gold! If you have a qualifying healthcare plan and aren’t taking advantage of an HSA, you’re missing out on massive amounts of money that you could be socking away. This is because an HSA is the most tax advantaged retirement account that exists, maybe even dethroning the Roth IRA as our favorite retirement account! Have a listen as to why we think you should seriously consider opening a Health Savings Account.If you want to learn more, head over to Lively as they have lots of helpful information and answers to your eligibility questions. It's completely free for individuals and families and they make it easy to open your HSA to start investing today.During this episode we enjoyed a Mirror Universe by Fair State Brewing Cooperative- another big thanks to Riley in Minnesota for donating this beer to the show! And if you enjoyed this episode, be sure to subscribe and give us a quick review in Apple Po