How to Money

Little money tricks alone won’t get us all the way to our financial goals. As we discussed recently, just a couple of bigger money moves can have more of an impact on our bottom line than a bunch of small ones. However there are some small tricks, that when paired with a new perspective, will lead to massive change over the years. So for example we’re not just talking about the $5.00 you’ll save today because you’re doing a no spend week, we’re talking about your ability to question your overall view towards consumption. We’re not just encouraging you to start saving towards retirement, we're asking you to imagine what your life might look like 40 years from now so you can truly connect with your future self! There’s not just the immediate monetary benefit, but there’s also the lasting mental benefit as well. THAT’S a powerful combo and we want you to be thinking about both aspects when it comes to your money.

During this episode we enjoyed a Bound by Time by Edmund’s Oast. And as we’ve kicked things off with a bang in 2021, 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!

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Jacob Goldstein is the co-host of NPR's Planet Money and his stories have aired on This American Life, All Things Considered, and Morning Edition. He lives in Brooklyn with his wife, two kids, and a small dog. Jacob has previously worked as a reporter at the Wall Street Journal and the Miami Herald- he’s written about money for the New York Times Magazine, and more recently he has published his book “Money: The True Story of a Made-Up Thing”. And during this episode we’re not only talking about the history and origins of money, but we’re going to dive into where things are today as well as the possible future of money. We run the gamut- from the birth of electrum coins in Greece to Bitcoin today.

During this episode we both enjoyed a Rodenbach Classic. And as we’ve kicked things off with a bang in 2021, 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.

It's time for a Friday Flight! These episodes are all about the week’s news and the effects of the pandemic on your personal finances. There are a lot of headlines out there, but we are distilling it down to specific takeaways that will allow you to not just weather this health and financial crisis, but to come out on the other side even stronger. In this episode we cover some interesting and helpful stories like: Presidents Day sales, boomers taking to online shopping, perils of investing apps, if stimulus or unemployment money is taxable, getting paid to join a covid clinical trial, skipping out on investing until you’re 40, pandemic pay raises, making millions on fiverr, open enrollment is on for the next 3 months, and some quick thoughts on Valentine’s Day.

And as we’ve kicked things off with a bang in 2021, 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.

Whether men and women should handle their money differently is an important question to ask. There are a lot of different studies and surveys out there that show that your gender has a pretty large impact on how you earn, spend, save, and invest your money- but should it? After all money is money! And of course there are generalities made in these studies because obviously we’re all individuals and handle money in our own unique ways. But that being said, there are still things we can learn from the data about the views, tendencies, and actions of each gender in the realm of personal finance. Recognizing these things will allow us to understand others better, we’ll do a better job at raising our children to handle money well, and we might even gain a better insight of ourselves along the way.

During this episode we enjoyed an On Cassette by New Anthem. And as we’ve kicked things off with a bang in 2021, 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.

We’re kicking off the week by answering your questions! And if you have a question for us, we’d love for you to submit your own via HowToMoney.com/ask/ , send us your voice memo!

1 - Should I invest money that I’m socking away for a medium term savings goal like buying a house?

2 - Is it worth it to pay extra for ESG funds?

3 - When does it make sense to drop our term life insurance in favor of indexed universal life insurance?

4 - If I don’t have time to buy and manage a local investment property does it make sense to go with Fundrise?

5 - Am I allowed to max out my Roth IRA when I didn’t earn that much for that calendar year?

During this episode we both enjoyed a Cashflow by Two Tides Brewing. And as we’ve kicked things off with a bang in 2021, 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.

It's time for a Friday Flight! These episodes are all about the week’s news and the effects of the pandemic on your personal finances. There are a lot of headlines out there, but we are distilling it down to specific takeaways that will allow you to not just weather this health and financial crisis, but to come out on the other side even stronger. In this episode we cover some interesting and helpful stories like: dual purpose Instant Pots, more young folks getting life insurance, internet service provider data caps, apps that cut recurring expenses to save you money, buying a car with a credit card, 0% balance transfer credit cards, net worth figures broken down by age, home renovation projects that offer the best payback, & biking through the winter.

And as we’ve kicked things off with a bang in 2021, 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.

What’s up with credit unions?! We often suggest them here on the show but we’ve never fully explained what credit unions are and why it is that you need one in your life- it’s time to remedy that problem! We dive into the history of credit unions and why we think there is a fair amount of confusion around them. Are they even legit? There are some serious advantages and so we dive into why it is that credit unions are excellent institutions and how it is that you should utilize their offerings. But we’re also telling the full story and we explain why you shouldn’t be ditching your online bank- credit unions are great, but they’re not perfect.

During this episode we shared a Bianca Peanut Butter and Jelly Lassi Gose by Omnipollo. And as we’ve kicked things off with a bang in 2021, 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.

Who has been spending more time working from home?! ✋ We’re going to dive into how WFH can make us happier and more productive, and joining us for this conversation is Laura Vanderkam. Laura is the author of several time management and productivity books, including Juliet’s School of Possibilities, Off The Clock, and The New Corner Office. Her work has appeared in publications including the New York Times, the Wall Street Journal, Fast Company, and Fortune. She is the host of the podcast Before Breakfast and co-hosts the podcast Best of Both Worlds. She lives outside Philadelphia with her husband and five children, and she’s also a friend of ours who we had on the show a couple of years ago when we talked about valuing our limited time.

During this episode we enjoyed a Science and Sorcery by Equilibrium Brewery. And as we’ve kicked things off with a bang in 2021, 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.

It's time for a Friday Flight! These episodes are all about the week’s news and the effects of the pandemic on your personal finances. There are a lot of headlines out there, but we are distilling it down to specific takeaways that will allow you to not just weather this health and financial crisis, but to come out on the other side even stronger. In this episode we cover some interesting and helpful stories like: working out at home on the cheap, student loan payment freeze extension, students appealing their financial aid package, stimulus prepaid debit cards, GameStop and FOMO, Ludacris and his Benz, watching the Super Bowl for free, our TVs are watching us, avoiding Ticketmaster, and Airbnb bans.

And as we’ve kicked things off with a bang in 2021, 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.

The fear of missing out- we’ve all experienced that emotion before! Whether some friends are getting together but you’re stuck finishing up a project, or maybe you haven’t been able to get your hands on the latest gaming console (or craft beer!). Well, FOMO has an ability to work its way into many different aspects of our lives, including our financial lives as well. You might feel some serious FOMO seeing individual stocks like Tesla skyrocket this past year while you are investing in plain old index funds. Or maybe with mortgage rates being at all-time lows, you feel like you are the only person in your peer group not buying a house right now. And you don’t want to miss out! This episode is about how to deal with and fend off FOMO so that we don’t make moves that mess up our ultimate goals due to distractions in the world around us.

During this episode we shared a Daaank Daniel by Heist Brewery in Charlotte NC. And as we’ve kicked things off with a bang in 2021, 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.