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 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. 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.

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 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.

Fear is an emotion that is hard-wired in us as humans, and so we naturally want to avoid the things that frighten us. But the biggest problem with this survival instinct is that there are times when we must face these fears in order to move forward and get ahead in life. We have a natural desire to avoid pain but if we don’t address it head-on, it’ll often lead to worse pain and problems down the road. This is often true when it comes to relationships, with our physical health, and it’s definitely true when it comes to our money. It’s a serious issue when we let fear get in the way of taking action. During this episode, with Halloween just around the corner, we cover some of the most common money fears that lurk in the back of our minds, and how to face them down in order to get one step closer to financial freedom.

During this episode we both enjoyed a Hopfenweisse by Schneider Weisse- a massive thanks to Zach for sharing these with us! 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.

It’s time to do a deep dive on raising financially savvy kids! We’re joined by Liz Frazier who is a fee-only, Certified Financial Planner and she is also the author of “Beyond Piggy Banks and Lemonade Stands: How to Teach Young Kids About Finance.” Liz is all about kids and finance, and to get specific, it was when Liz was pregnant with the first of her three children that she was setting up a 529 acct and preparing her will, that everything clicked. That’s when she realized that she wanted to be a financial planner because, like so many new parents, she realized the overwhelming need to make sure her family was financially prepared. And raising children who are equipped with financial knowledge is an important part of that role as a parent. During this episode we talk about having money conversations that stick with our kids, the way Liz does allowance with her 3 kids, how to get kids excited to save, spend, and share, among many other helpful topics.

During this episode we both enjoyed an Baerlic Beer Co Pioneer Fresh Hop ESB- a massive thanks to Brandon for sending us these beers that were fresh off the vine! 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.

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: a recipe generator based on whatever you have on hand, inflation spurring us to reconsider buying habits, shadow inflation, childcare worker shortages, the great resignation leading to your ability to negotiate higher pay, lost money in holiday gift cards, bricked phones via planned obsolescence, expensive TVs, the worst student loans available, & earning more without a degree.

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.

Now, we’re not guaranteeing that this episode is going to change your life as much as holding a brand new baby in the hospital changed our perspective as new fathers- but it might! There are times when our worlds are completely rocked and we feel that the concept of ownership and the way that we discuss it during this episode has the potential to radically change the trajectory of your journey to financial independence. After this episode you’ll know the difference between making a purchase or making an investment, how saving money can actually make you poorer, and some of the different ways you can become an owner. And then finally we discuss what it takes for you to realize wealth building through ownership.

During this episode we enjoyed a Money Blend by American Solera- thanks to James 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 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 do I get around direct deposit requirements to score a higher savings interest rate?

2 - Do y’all have credit card recommendations for a young, new credit card user?

3 - What steps should I take in order to rebuild my credit?

4 - I receive tuition reimbursement from my employer- what is the best way to maximize this benefit?

5 - Should I use a HELOC and my emergency fund to pay off my mortgage early?

During this episode we each enjoyed a Beneath the Tide of Relative Impermanence 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 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.

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 got new life insurance policies, slower more expensive mail, finding the most affordable shipping options, Allstate tracking drivers, bosses monitoring employees, housing market chill pills, dying ain’t cheap, winter budget busters due to higher energy costs, contagious commerce, & free money in 529 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.

Joel doesn’t like to eat at fancy restaurants- not only because paying a ton of money isn’t his jam, but also because there are all these rules of etiquette that fine diners are just supposed to know. What’s he going to do with that 3rd fork anyways?! The same is often true when it comes to our money and the social situations we find ourselves in. Splitting the bill with friends when we go out- what should we keep in mind there? How should we talk about money with our co-workers, friends, and family? When you’re on a date, who pays for what and how quickly should you dive into money conversations with someone you’re serious about? And because we’re all unique individuals, we argue that there are no hard and fast rules that dictate our actions when it comes to our money. Instead there is a lot of nuance and it takes a lot of emotional intelligence in order to get your money etiquette right. It’s not always clear what path we should take and so during the episode we provide a helpful framework to help you decide. And we also share our thoughts on some common scenarios so that we can all avoid that awkward tension that might arise.

During this episode we both enjoyed Paranormal Electricity of Trans-Pacific Airwaves IPA 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 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.

Today we have the pleasure of talking with Carl Jensen who found himself trapped in a cubicle as a software developer nearly 9 years ago, when he set off on a journey to achieve the status of: financially independent and retired early. That’s when he started his site 1500 Days and has been blogging under the moniker Mr. 1500. Carl has since achieved FIRE and continues to be incredibly productive in the world of real estate with his live-in flips, all while pursuing a very intentional life in Longmont Colorado. Carl also happens to be a good friend of ours who we met years ago. And after spending some more time together recently at a personal finance conference, we realized we were overdue in having him come on as a guest on the show. We discuss everything from the downside of sharing personal financial information publicly, practical tips in finding a great property to flip, to how it is that Carl owns over 600 shares of Tesla stock!

During this episode we both enjoyed an Old Chub by Oskar Blues! 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.