How to Money

Today’s interview completely revolves around technology and we’re excited to have Kevin Roose joining us today. Kevin is an award-winning tech columnist for the New York Times, and a Times bestselling author of three books: Futureproof, Young Money, and The Unlikely Disciple. He is the host of the “Rabbit Hole” podcast, and writes and speaks regularly on all topics related to our modern age including automation and AI, social media, cybersecurity, and digital wellness. But today, we are narrowing his focus to discussing some of the different ways that we can ensure your career can continue to grow as AI is taking over many different areas of our lives. Plus we’re going to do a deep dive into crypto and how you should be thinking about it today.

During this episode we enjoyed an Analog Life by Good Word 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 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!

Best friends out!

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Time for our Friday Flight! These episodes are a sampling of 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: signing up to be a squid game contestant, why it’s good news to officially enter a bear market, auto-enrolling leading to financial independence, the simple path to wealth, the end of millennial subsidies, a Bitcoin academy in public housing, what terrible crypto performance means for your portfolio, high earners living paycheck to paycheck, more medical bill price transparency, & finding drug money.

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 friends out!

See omnystudio.com/listener for privacy information.

It’s an understatement to say that the political discourse in our country is a mess! And the problem isn’t that you just disagree- that you think someone on the other side of the political aisle has the wrong opinion. That’s certainly a part of it, but the major political issues of the day that Americans are rightly discussing require patience and a nuanced understanding of different ideas to make progress. Instead, we have anonymous accounts on social media, partisan media, divisive rhetoric from leaders, and the pandemic which further polarized the political divide. All are factors that have contributed to politics being a hot button topic. Similarly, it’s not just inflation that’s causing everything to feel like it’s costing us more money- that our dollars aren’t getting us through to the end of the month. Inflation is a major culprit and we’ll definitely talk more about that today. But there are some other factors as well and we think by zooming out and looking at the entire picture, that we’ll be able to better understand the many different reasons that everything seems to cost us more than it used to. And then we’ll share what steps we can begin to immediately implement in order to start defying these higher prices.

During this episode we enjoyed a Breakfast Stout by Founders 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 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!

Best friends out!

See omnystudio.com/listener for privacy information.

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 detailed should we get with our monthly budget - should we break out individual items on receipts?

2 - What kind of pre-tax-post-tax balance should I strike when contributing to retirement accounts?

3 - Should I seek higher returns by investing more into my side business?

4 - For my retirement - should I continue building up towards my state pension or switch to a 401k with a match?

5 - Is it a good idea to tap equity in my current home for a down payment on an investment property?

During this episode we enjoyed a Taras Boulba by Brasserie De La Senne! 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!

Best friends out!

See omnystudio.com/listener for privacy information.

We’ve all heard about the minimalist lifestyle- maybe you’re picturing a bearded hipster drinking coffee in his perfectly white dining room or an Instagram worthy, perfectly styled modern kitchen. It turns out that’s not what minimalism is all about- it’s about priorities. We felt that that summer is a great time to hit reset on a number of things in life, including the vast amount of clutter that many of us surround ourselves with. Here to talk with us today about minimalist living is Joshua Becker. While beginning the process of removing possessions from his life, Joshua started the site Becoming Minimalist and has written several fantastic books over the years including The More of Less, The Minimalist Home, as well as the recently published Things That Matter. Not only can a minimalist approach to life allow us to spend less and save or invest more, but it can have a positive impact in lots of areas of our life.

During this episode we enjoyed an I Feel It All by Monday Night Brewing! And as we ramp up the podcast with an additional Friday episode every week, we could really use your help to spread the word- let friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to spread the word to get more people doing smart things with their money in these difficult times!

Best friends out!

See omnystudio.com/listener for privacy information.

Think back to when you were a kid- can you remember an instance where you asked your parents a question, and instead of explaining the actual answer, they just said “Because I said so”. How frustrating! Or maybe in middle school you were horrified to even be seen with your folks in public because of something they were wearing. You’d say to yourself “I’m never going to be like parents!”. Well that was us to a T, and we always thought we’d be intown city dwellers. Well times have changed and so we’ll share why it is that we’re moving (yes… both of our families!), but we realized this is also an incredibly relevant topic for a lot of folks out there. Of course housing is everyone’s top expense, but there are many reasons why moving is top of mind for a large percentage of Americans. Listen as we discuss a healthy framework and factors to consider when you’re debating a move. Not only financial considerations like cost of living and increasing your earning potential, but also lifestyle considerations like relationships and schools. And we’ll also leave you with a few tips to help ensure you’re making this move without breaking the bank.

During this episode we enjoyed a Stuckey’s Pecan Log Roll by Wild Heaven! 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!

Best friends out!

See omnystudio.com/listener for privacy information.

We’re joined by fellow Atlantans- our friends Julien & Kiersten Saunders! They started their site Rich & Regular back in 2017 after they threw themselves into the financial independence movement and paid off $200,000 in debt. They’ve been featured virtually everywhere- the Times, the Atlantic, Bloomberg. They’re successful speakers, created a fantastic Youtube series called Money on the Table, and now they’re about to be published authors! Their book “Cashing Out: Win the Wealth Game by Walking Away” comes out next week. In the book they write about creating your own career path, making peace with your finances, and building wealth on your own terms. During this interview we discuss Julien & Kiersten’s introduction to the FIRE movement, avoiding imposter syndrome when creating content, and how to actually know if it’s time to cash out by quitting your job.

During this episode we enjoyed a Valley of Gold by Wild Heaven! 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!

Best friends out!

See omnystudio.com/listener for privacy information.

Time for our Friday Flight! These episodes are a sampling of 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: perpetual quitting, the second hand surge, stepping away from social media and work, going prairie style to combat higher water bills, why a master’s degree can lead to a negative return on investment, avoiding crapcoins as payment for anything, fighting back against shrinkflation, and debt management plans.

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 friends out!

See omnystudio.com/listener for privacy information.

Imagine hopping on a flight to visit your parents on the other side of the world. You don’t avoid flying by plane because there’s likely going to be some turbulence- a few rough patches are to be expected. You take advantage of the modern marvel of a transatlantic flight and you go and see your family! Similarly, the stock market is the greatest wealth creating machine in history- it’s amazing! Investing in the market to achieve millionaire status has become possible for a much wider swath of folks but the path comes with its fair share of corrections and bear markets. To go back to the analogy- what if it's starting to look like air travel is no longer safe? You start to consider that upcoming flight! Sure, we’re seeing some market volatility now but future market predictions aren’t looking all that rosy either. Is it time to consider pulling out of the market? During this episode we’ll discuss why the market saw massive gains over the past 2 years, why we’re optimistic about the future of the stock market, what you should be doing if we experience a future of weak returns, and how you should be investing regardless of what’s going on with the stock market.

During this episode we enjoyed an Escape From Lager Mountain Flying Machine! 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!

Best friends out!

See omnystudio.com/listener for privacy information.

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 buy ETFs or mutual funds when investing within a taxable brokerage account?

2 - What should we do with the proceeds from selling our house?

3 - As we achieve FIRE, how do we go about easily withdrawing our retirement funds early without getting hit with penalties?

4 - Is it a good idea to put down 0% on a new home? And if it is, what should I do with extra money that I would have on hand?

5 - Should I ditch my workplace 401k and move to a Roth IRA instead?

During this episode we enjoyed a Dad’s Oatmeal Cookie Stout by O’Fallon Brewery! 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!

Best friends out!

See omnystudio.com/listener for privacy information.