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 - What kind of impact will settling my debt have on my credit score? 2 - My employer matches retirement contributions but I really want to pay down my debt ASAP- what should I do? 3 - Where should I invest funds for an upcoming wedding? 4 - How should I go about investing money for my newborn daughter? 5 - Do I have to actually use my credit card in order to boost my credit score?   During this episode we enjoyed a Sour Strawberry Rhubarb by Edmund’s Oast! 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: unavoidable inflation hitting 41 year highs, why gas prices are slow to recede, the best affordable unlimited wireless plan, whether it’s frugal or cheap to bring your own concessions, crypto psychopaths, college enrollment is down, why degrees might be for dummies, states offering free college, & the best new credit card perk for investors.   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 time to celebrate the fact that we’ve now officially recorded and published 500 episodes of How to Money! And what better way to mark the occasion, than to hear some of the best money tips from all of our listeners. From making more money with real estate, to getting on the same page as your partner with money convos, to spending less on groceries and smarter ways to budget- we had more voice memos sent in to us than we had time to get to during this episode, but we’re excited to share a bunch of them with you today. And thanks to everyone for sending in their best money tip for us to share! We couldn’t do this show without the listener support and love that we receive every day- either as an email or simply by the fact that you listen to the show. So thank you for helping to make How to Money what it is today!   During this episode we enjoyed a Faithful Instruction by Monday Night 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.

Our guest today is Nick Maggiulli. Nick is the Chief Operating Officer for Ritholtz Wealth Management and regularly writes over on his site: Of Dollars And Data. But he wasn’t always steeped in the world of finance and investing- before that he was a successful litigation consultant. And even though Nick has always had a heart for personal finance, it’s only been in the past 5 years that he began to seriously write about money. And his new book, Just Keep Buying, actually comes out tomorrow! We were lucky enough to get an early copy and couldn’t recommend it enough. Nick weaves insightful stories with actionable advice that is going to help anyone who reads it. During this discussion we talk about timing the market, Nick’s definition of dollar cost averaging, spending less time on investments and more time on growing income, and much more!   During this episode we enjoyed a La Folie by New Belgium! 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: the rise of 40 year mortgages, free audiobooks for life, the high cost of shipping, whether it makes sense to save for your future, the student loan freeze gets extended, more fuel efficient vehicles on the horizon, and affordable car alternatives.   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.

Think about the last novel you read that included a dangerous quest. If it’s a fantasy like the Hobbit, there might be giant spiders, goblins, and dragons- but in the end, it’s worth it because of the unfathomable treasure and riches that await them. The thing is, when we’re talking about investing in single stocks, the chance that this perilous journey ends up with a happy ending is much less likely, but folks continue along in their quest. Why? Maybe it’s because of the sophisticated tools that we have at our fingertips, or because it’s more accessible than ever with apps like Robinhood where you can buy and sell for free, or maybe you just think you’re smarter than everyone else. And sure you’ve heard of individuals who have crushed it by investing with a company like Tesla, but we’re still not fans of this type of approach. So in this episode we tackle some of the most common arguments advocating for investing in single stocks, why we ultimately disagree, and how you should invest your money instead. Single stock investing is unnecessary and can often be problematic.During this episode we enjoyed another classic: Trappistes Rochefort 10 by Brasserie de Rochefort! 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! Learn more about your ad-choices at https://www.iheartpodcastnetwork.comSee 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 - I’ve recently retired and I’m looking for an affordable health care option- what are your thoughts on health sharing plans?2 - How do my fiance and I begin the process of house hacking after we’ve successfully run an Airbnb?3 - Student loans are keeping me from investing within a Roth IRA, but should I be investing at all?4 - Should I take a loan against my 401(k) or tap those funds early, if I need access to funds after getting laid off?5 - I have a Health Savings Account offered by my employer, but I’m not able to invest those funds- what should I do?During this episode we enjoyed a Sour Bikini by Evil Twin! 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! Learn more about your ad-choices at https://www.iheartpodcastnetwork.comSee 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: slashing housing expenses with ADUs, new construction, and multi-generational households. Also we discuss making more money as a contractor, radical sabbaticals, choosing more meaningful work with flexibility, fake free tax filing, results of couples combining their money, 24/7 stonk trading, and new legislation that’ll benefit investors!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! Learn more about your ad-choices at https://www.iheartpodcastnetwork.comSee omnystudio.com/listener for privacy information.

Your birthday comes around every year- and you never forget because it’s something that you look forward to! But we’d argue that there are certain financial tasks that we should also revisit at least once a year, but we’re less than enthusiastic about knocking them out. This neglect is compounded by the fact that our finances have gotten more complicated than ever. You likely have accounts everywhere: you might have multiple 401ks, savings accounts, credit cards- it might feel like there’s too much going on as you juggle more logins than you can keep up with. Now these are tasks that don’t need to become ongoing obligations, but we do think they will help you make your personal finances more manageable. Whether it’s something as straightforward and practical as making some tweaks to your budget or if it’s the beginning of a season of reevaluating your life goals, we have a number of tasks that will allow you to spring clean your finances.During this episode we enjoyed a classic: Saison Dupont by Brasserie Dupont! 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! Learn more about your ad-choices at https://www.iheartpodcastnetwork.comSee omnystudio.com/listener for privacy information.

Naseema McElroy, RN with a master’s degree in healthcare administration, founder of Financially Intentional and Nurses on FIRE podcast, shares her journey of paying off over one million dollars of debt as a single mother. She discusses the turning point in her journey towards financial independence, nursing as a cheat code to earning more, and keeping lifestyle inflation in check. The hosts also discuss their experiences with paying off debt, the benefits of credit unions, and finding side hustles to decrease expenses.