How to Money

Friday 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 thrive. In this episode we cover a lot of good news we’ve come across in the past week. We also address how you might have the option to make changes to your health care coverage, how your credit score might drop due to the deferment of federal student loans, appealing for more student aid, and some benefits of graduating during a pandemic.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! Learn more about your ad-choices at https://www.iheartpodcastnetwork.comSee omnystudio.com/listener for privacy information.

Change can be a little frightening, but it’s the only constant. Our entire economy has seen a massive change- industries that were in slow decline are now quickly accelerating towards obsolescence, and we’re seeing other industries that were fairly new and unproven showing explosive growth. There is a good chance you have experienced some changes at work, and so whether you like it or not a career pivot might be on the horizon for you. In this episode, we’ll talk about what these pivots could look like, as well as how you can make these changes successfully.During this episode we enjoyed a Twisted Galaxy by Toppling Goliath Brewing- thanks to Joe for donating this one to the show! 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! 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 your questions! And if you have a question for us, we’d love for you to submit your own via HowToMoney.com/ask/1 - Is now a good time to make a Roth IRA conversion?2 - I’m in my mid-30s, should I focus on paying down debt or investing more towards retirement?3 - Should I sell some stocks that I’ve purchased via my employer’s ESPP?4 - How much should I be budgeting for housing repairs and rental vacancy?5 - Coming off a gap year, what financial tips do you guys have for me as I begin medical school?During this episode we enjoyed a Dankbot by Insight Brewing- thanks to Joe for donating this one to the show! 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! Learn more about your ad-choices at https://www.iheartpodcastnetwork.comSee omnystudio.com/listener for privacy information.

Friday episodes are all about the effects of Covid-19 on your personal finances. There’s a lot of news and information out there, but we are distilling it down to specific takeaways that will allow you to weather this surreal health and financial crisis. In today’s timely episode we cover a lot of good news we’ve come across in the past week. We also address how spending is up home improvement, whether there is more stimulus money heading our way, and where to look for new jobs.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! Learn more about your ad-choices at https://www.iheartpodcastnetwork.comSee omnystudio.com/listener for privacy information.

Why is it that when a consumer item like a new phone is on sale, we pounce, but when the stock market is on sale, we run? Buying and holding are both far more difficult to do in a volatile market for most investors. And when we see terms like ‘bear market’ and ‘recession’ in the headlines, it makes it even harder for many of us to continue to invest. But what is important to remember is that buying into this market volatility is the source of future returns. The overall American stock market has returned roughly 9.7% over the past 90 years. And those 90 years have included difficult events like wars, depressions, deflation, and various politicians. So while it might feel a lot safer to not invest at all, know that American capitalism has continued to produce results for decades on end despite real challenges. Investing in an economic tailspin, although it feels a bit counterintuitive, is the best thing you could be doing over the long-term.During this episode we enjoyed an Athena Paradiso by Creature Comforts! 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! Learn more about your ad-choices at https://www.iheartpodcastnetwork.comSee omnystudio.com/listener for privacy information.

In his early 20s, Thomas Nitzche found himself in loads of debt. Like so many folks, he didn’t learn how credit cards really worked, and so the charges began to add up, and before he knew it he had an overwhelming balance that he could barely make minimum payments on. Couple that consumer spending with student loans, a car payment, a mortgage, and the final kicker- getting laid off and losing his income. Thomas found himself in a really stressful spot, but he was able to move from a place of desperation to using his experiences to help others. He now works for Money Management International, which is the largest provider of nonprofit financial counseling and education in the United States. He’s all about conversations around money and destigmatizing debt, and so that’s what we’ve tackled in this episode.During this episode we enjoyed an Experimental IPA Vol 13, by Easy Chair Brewing Garage- thanks to our friend Jess for brewing this one up and donating it to the show! And as we ramp 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! Learn more about your ad-choices at https://www.iheartpodcastnetwork.comSee omnystudio.com/listener for privacy information.

Friday episodes are all about the effects of Covid-19 on your personal finances. There’s a lot of news and information out there, but we are distilling it down to specific takeaways that will allow you to weather this surreal health and financial crisis. In today’s timely episode we cover a lot of good news we’ve come across in the past week. We also address the surge in bicycle riding as well as the likelihood of all of us to become more frugal, due to the coronavirus.And as we ramp 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! Learn more about your ad-choices at https://www.iheartpodcastnetwork.comSee omnystudio.com/listener for privacy information.

Money anxiety is something we have all experienced in one way or another. Whether it’s student loans, trying to save up enough for a car, or even having enough money to make it to the end of the month- this stress is a very real thing. Covid-19 and its effects on our economy and our jobs have only exacerbated the issue. According to a recent Qualtrics report, 67% of people say they have higher levels of stress since the beginning of the health crisis. And money anxiety doesn’t just plague low-income earners. More personal stories and accounts have been shared in recent years of “rich” people willing to admit their own money anxieties: individuals making $100k or more are just as susceptible to living paycheck to paycheck. So in this episode we dive into some of the symptoms of money anxiety and then we recommend some practical steps we could all implement into our lives to reduce the amount of stress surrounding our personal finances.During this episode we enjoyed a Sour Opal by Firestone Walker- thanks to our friend Josh for donating it to the show! And as we ramp 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! 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 your questions! And if you have a question for us, we’d love for you to submit your own via HowToMoney.com/ask/1 - I really like investing via Fundrise, but should I be maxing out my Roth IRA first?2 - Bad news: I’ve recently lost my job. Good news: I just sold my house and got married! What should I do with the money from the sale of my home?3 - Should I take advantage of super low interest rates and refinance my student loans?4 - I have a high-paying, but soul-sucking job. Should I pursue a position that pays much less but will yield many other intangible benefits?5 - Is there a middle ground investment vehicle? I’m looking for something that isn’t too conservative, but something that is also not too risky.During this episode we enjoyed a Fog of War by Easy Chair Brewing Garage- thanks to our friend Jess for donating this one to the show! And as we ramp 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! Learn more about your ad-choices at https://www.iheartpodcastnetwork.comSee omnystudio.com/listener for privacy information.

Friday episodes are all about the effects of Covid-19 on your personal finances. There’s a lot of news and information out there, but we are distilling it down to specific takeaways that will allow you to weather this surreal health and financial crisis. In today’s timely episode we cover a lot of good news we’ve come across in the past week. We also address some of the impending changes to credit card limits as well as mortgage forbearance.And as we ramp 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! Learn more about your ad-choices at https://www.iheartpodcastnetwork.comSee omnystudio.com/listener for privacy information.