We have made it all the way to June 2021. We are halfway through the year and this is the perfect time for a money date. The idea of a money date is to create a periodic check in with your finances and to get an overall picture of your net worth and financial health. Join me as I discuss what you should be tracking on this date.

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A Certificate of Deposit is a type of savings account that allows you to save a fixed amount of money, for a fixed amount of time in return for a fixed interest rate.  CDs offer better terms than regular savings accounts and carry very little risk.  They are definitely worth understanding!! Listen in to learn all about CDs and a great CD hack called a CD ladder.  

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Are you looking for a way to practice in the stock market without risking your dollars? Paper trading is the perfect way to simulate participation in the market using "virtual" dollars.  This is a great way to learn about the stock market and to practice strategy. Paper trading is also a great way to introduce children to the market.  This episode gets into all of the details.  

Come talk money with me! Join the conversation on instagram @Spondulixpod or at $pondulixpod.com

I mention a few paper trading options in this episode which are linked below: 

Investopedia Stock Simulator

TD Ameritrade: Thinkorswim

Tradestation

The term mutual fund is thrown around A LOT in conversations about investing. In this episode, I get into the basic details of mutual funds and how they operate. As a bonus, I break down the concept of an index fund and talk about the S&P 500.

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Are you trying to figure out the best way to save for your education, or your children's education? A 529 education savings plan may be a great option for you. This plan allows you to set aside, invest, and grow money to help cover educational expenses.  This plan can also be used to help out other students in your life, including nieces, nephews and grandchildren.  

In this episode I get into the details of these plans and how they work.  As always, come talk money with me! 

Join the conversation on instagram @spondulixpod 

SEC reference: An Introduction to 529 Plans 

Are Health Savings Accounts (HSAs) a well-kept secret? An HSA is an extremely useful tool for helping to cover the costs of healthcare. In addition to its healthcare benefits, it offers a triple tax benefit, investment options as well as potential retirement benefits.

In this episode, I talk all about HSAs and tell you why everyone should consider opening one. I also discuss how you can maximize your HSA once you have it. Come talk money with me!

Join the conversation on instagram @spondulixpod https://www.instagram.com/spondulixpod/

Do you keep a monthly budget? Does the word budget freak you out? Creating a spending plan or a budget may help you ensure that you have enough money for the things you need and more importantly, the things you want. In this episode I explore three types of budgets in the hopes of finding one that speaks to me and hopefully speaks to you. Come talk money with me!

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Are you familiar with the concept of a money date? It's a periodic check-in with your finances. Join me as go through the process of my money date for the month of January. I calculate my debt, assets, net worth, and check up on my credit score. Come talk money with me!

Join the conversation on instagram @spondulixpod