Episode 004 - The Financial Playbook, Part 2

Continuation on our discussion about how we think you should prioritize your finances.

Good framework as you work toward your financial goals and optimize your financial future.

Headline of the week: Less than 11% of people with federal student loans are paying during COVID 19

Dollars and Hops Financial Playbook

Step #1 - Establish and fund an emergency fund: 3-6 months of expenses

Step #2 - Pay off all high interest rate debt

Step #3 - Max out retirement accounts (401k’s & IRA’s)

Step #4 - Save for Children’s 529 (optional)

Step #5 - Build your wealth by investing in brokerage account

Action Step: Evaluate where you’re at in the financial playbook.  Set goals for yourself on where you plan to get to and when.

Hops

Scott:

Brewery: Crooked Hammock Brewery, Lewes (pronounced LEWIS) DE

Beer: Actively Fishing

Type: Summer Pilsner

Score: 91

Lance:  Elysian Brewing, Seattle, WA

Brewery:  Elysian Brewing, Seattle, WA

Beer:  The Great Pumpkin

Type:  Imperial Pumpkin Ale

Score: 90