How to Money

Hello 2021, 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 getting paid in cryptocurrency, sports memorabilia at Costco, details from the new relief bill like who is getting stimulus checks and when they should be arriving, extended unemployment benefits, student loan provisions, why we’re not fans of debit cards, and then what to expect in 2021: the stock market, spending habits, housing market, and home equity trends.

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 to party! During this episode we’re going to hear how many of y’all were able to get ahead with your personal finances this year. The ability for us to slow down and take the time to celebrate our money wins is going to have a lot of positive effects on all of us. Not only does it motivate you personally, but it gets others pumped who might be in a similar situation! And this is even more important after a rough 2020- considering that over 68% of Americans have reported experiencing financial setbacks this year, we need to hear some uplifting personal finance stories! Often we don’t celebrate after we’ve worked hard to achieve something. Sometimes there’s a tendency to have that onward and upward mentality, looking for that next best thing, but not today. Today on the show, we share our money wins for the year and we’re going to feature some of the awesome moves from the How to Money community as well. Thanks to all of you for being a part of this super fun episode!

During this episode we both enjoyed a Winter Welcome Ale 2020-2021 by Samuel Smith. And as we’re looking forward to kicking 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!

Happy New Year, 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 - How can I get a conversation started with my girlfriend about personal finances?

2 - Should I pay off my mortgage or should I hang on to that in cash?

3 - Does it make sense to borrow from my 401(k) in order to pay off a credit card?

4 - Is it worth it to stick with a budget cell phone provider?

5 - How can I avoid underpayment penalties from the IRS and should I set up a retirement account through my business or set it up as a personal account?

During this episode we both enjoyed a Trader Joe’s Winter Spiced Ale 2020. And as we’re looking forward to kicking 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 is the best way to pay down debt? Americans are in tremendous amounts of debt (think over 400 billion on just credit cards alone)! Not only is this debt keeping folks from reaching their financial goals, but it’s also taking a toll on the mental health of borrowers. Knowing the best strategy to get out of this debt is a big deal and could be the difference between living paycheck to paycheck or achieving financial freedom. Listen as we cover both approaches so you can decide which is better for you: the debt snowball (popularized by Dave Ramsey) and the debt avalanche (also known as debt stacking).

During this episode we enjoyed a Maple Vanilla Copra Kai by Southern Grist Brewing. And as we’re looking forward to kicking 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.

Every once in a while we like to step back and think about our work. Why do we do it? Are we doing a good thing? There are a lot of misconceptions of work floating around the internet and our workplaces today. There’s the generally more millennial-ish, romanticized view of work as a calling and a means of personal fulfillment, and on the flip side there’s the end goal of a stable career where your loyalty and daily grind results in a predictable paycheck but maybe not much else - many of us fall somewhere on this spectrum. Regardless of your current views toward work, we want you to know that work is a wonderful thing and yet work isn’t everything. Viewing work in a healthy way takes intentionality and balance! Join us as we cover a few key concepts central to developing a healthy philosophy toward work.

During this episode we enjoyed a Hawaiian Christmas Land by Little Cottage Brewery. And as we’re looking forward to kicking 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 excited to have Rachel Cruze join us today on the podcast for an episode all about self-awareness and money. Rachel is a two-time #1 national best-selling author, financial expert, and host of The Rachel Cruze Show. Since 2010, Rachel has served at Ramsey Solutions where she teaches folks to avoid debt, save money, and win with their money at any stage of life. She has authored three best-selling books, and her latest book Know Yourself, Know Your Money is set to release in early January. We dive into self-discovery, unique money tendencies that we all have, the role of fear when it comes to how we handle our money, and the different types of dreams and their impact on our personal finances. Here on the show we often talk about the “why behind our money” and that’s what this episode is all about.

During this episode we enjoyed a Shattered Remains of Nothingness- another amazing beer by Burial. And as we’re looking forward to kicking 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 important retirement investing deadlines, buying Airbnb stock, the downside of Poshmark and other gig apps, personal data usage and privacy transparency, where to buy furniture online, avoiding buy-now pay-later installment plans, appliance shortages due to covid, the $300 above-the-line charity deduction, nonprofits and contactless donations, employers matching employee donations, and donating frequent flyer miles.

And as we’re looking forward to kicking 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.

Planning for the future and looking forward to the next best thing in our lives is natural- especially this time of year! But here’s the problem: it’s hard to know how to move forward and what steps you need to take if you haven’t reflected on the past. So during this episode we raise some questions that you can ask yourself before you start thinking about next year. This will not only help you to realize that 2020 wasn’t a complete throw-away year, but it should also directly inform the actions and goals you’ll set for yourself in 2021. These questions will help you to begin your financial year in review.

During this episode we both enjoyed a Montmorency & Balaton Cherry Sour by Westbrook Brewing! And as we’re looking forward to kicking 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 - What are the pros and cons of putting all of my expenses on a credit card?

2 - How much lower should an interest rate be in order to make a home refinance worth it?

3 - How do I go about breaking ties with my dad’s financial advisor?

4 - Should I save or invest a gift of $5,000?

5 - If family members loan me money for a down payment, how would that impact my ability to get a mortgage?

During this episode we both enjoyed a Fruit/Wood/Time: Black Raspberry which is a Sour by Westbrook Brewing. And as we’ve ramped 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.

It's time for a holiday season Friday Flight! These episodes are all about the week’s news and the effects of Covid-19 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 $550 headphones, 401k matches are back, free airfare to Hawaii, travel insurance covering covid, better MBA options, Zoom Santa’s making bank, virtual job interviews, high school grads earning 70% more, and the student loan forbearance extended.

And as we’re looking forward to kicking 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.