Your Next Money Move

In the wake of new Bitcoin ETFs being approved by the SEC and made accessible to investors, Trent and Derek discuss the pros and cons of investing in Bitcoin with these new options available.    Check out our website, where you can sign up for our newsletter and find other free resources: Your Next Money Move Connect with us on social media: Your Next Money Move on Instagram Your Next Money Move o...

Starting a family is one of the biggest milestones in your life and comes with many changes. In this episode we cover the best ways to prepare your financial life for your new bundle of joy!   Check out our website, where you can sign up for our newsletter and find other free resources: Your Next Money Move Connect with us on social media: Your Next Money Move on Instagram Your Next Money Move on...

Paperwork may not be everyone's favorite topic, but when it comes to your personal finances, keeping organized records is an important piece of your financial health. Receipts, tax returns, estate documents… and more… Listen to figure out what needs to be kept, for how long, and the best way to stay organized.    Check out our website, where you can sign up for our newsletter and find other free r...

Listen in as Trent and Derek talk about a Donor Advised Funds - a way to amplify your charitable giving power and reduce taxes at the same time.   Check out our website, where you can sign up for our newsletter and find other free resources: Your Next Money Move Connect with us on social media: Your Next Money Move on Instagram Your Next Money Move on Twitter Derek Lawson on LinkedIn Trent Porter...

If you're self-employed – or thinking about becoming self-employed – you may wonder how to pay yourself as a business owner. This week's episode covers the different types of business entities, why they matter for taxes, how to pay yourself when self-employed, and some tips and tricks for managing your business finances!   Check out our website, where you can sign up for our newsletter and find ot...

Health Shares are an often less expensive alternative to health insurance, especially for people who are self-employed, but are they a good fit for you? In this episode, Trent and Derek discuss how Health Shares work, their pros and cons, and a few other alternatives to traditional health insurance.   Check out our website, where you can sign up for our newsletter and find other free resources: Yo...

Once you have decided to start your investing journey, choosing your asset allocation is potentially one of the most important decisions you have to make. What you invest in and how your portfolio is allocated depends on numerous factors like your time horizon, specific goals, personal risk tolerance, and more! Listen in as the YNMM team breaks it down in this week's episode!   Check out our websi...

Do you check on your portfolio every day? If so, you are likely causing yourself more stress than you need to! How often should you really be checking - the answer may surprise you. Take a dive into when and why you should (or shouldn't!) be checking your portfolio, and what to be looking for when you do.   Check out our website, where you can sign up for our newsletter and find other free resourc...

This week, listen as Trent and Derek tackle the listener question "I have heard of asset location, but I am unsure of what exactly it is and if or how I should be doing it". They talk through what exactly Asset Location is and how it relates to the various types of investment accounts and the tax implications of different investment types.    Check out our website, where you can sign up for our ne...

Short-term rentals are often touted as a quick and easy way to make "mailbox money". But do they live up to the hype in reality? Dive into the risks and benefits of short-term rentals in this episode, and see if they're a good fit for you! Check out our website, where you can sign up for our newsletter and find other free resources: Your Next Money Move Connect with us on social media: Your Next M...

Through 2022, the inflation rate was historically high, and IBonds were in all of the headlines. Now, as inflation rates have come down, the interest rate on IBonds is also coming down. Does this mean it is time to cash in your IBonds? Or is it best to keep holding on?    Check out our website, where you can sign up for our newsletter and find other free resources: Your Next Money Move Connect wit...

Celebrate one year of Your Next Money Move with us in this episode. Trent and Derek discuss what they have learned over the last year of talking money moves.   Check out our website, where you can sign up for our newsletter and find other free resources: Your Next Money Move Connect with us on social media: Your Next Money Move on Instagram Your Next Money Move on Twitter Derek Lawson on LinkedIn...

Whether to save retirement dollars in a Roth or Traditional account - regardless if it is an IRA or 401k - is an age-old financial question. Making that decision can depend both on a few known factors such as your age, your retirement goals, and your income, along with a few unpredictable factors such as how tax brackets may change over time. Give this episode a listen to learn how to weigh each o...

With day technology gets more advanced - and unfortunately so do the cyber tricks and traps. Cyber security is an often overlooked piece of your financial picture. However, in reality, protecting yourself online is a critical piece of financial security, especially as more and more financial transactions occur over the web. Give this episode a listen to hear a few firsthand stories, learn what cyb...

Having a well-funded checking account to cover your day-to-day expenses with remaining long-term savings in a savings account has long been the norm. However, with recent legislative and interest rate changes, that advice may soon become antiquated. Learn more about how the way you structure your daily banking may be due for an update.    Check out our website, where you can sign up for our newsle...

Considering jumping on the options trading bandwagon? Find out what Trent and Derek think on this episode of Your Next Money Move.  Check out our website, where you can sign up for our newsletter and find other free resources: Your Next Money Move Connect with us on social media: Your Next Money Move on Instagram Your Next Money Move on Twitter Derek Lawson on LinkedIn Trent Porter on LinkedIn  

Do you know whether you have Uninsured Motorist Coverage with your car insurance? One of the lesser talked about insurance coverages, uninsured motorist coverage can be an important piece of managing risk in your life. In this episode, learn about how uninsured motorist insurance works, what it covers, and why 21 states find it worthwhile to require this insurance coverage.    Check out our websit...

Having the right life insurance is a key piece of a successful financial plan. However, it can be complicated navigating the various types of life insurance. In this week's episode, Trent and Derek discuss Whole Life Insurance. Listen in to hear about how Whole Life Insurance works, how exactly the cash value operates, how surrender charges come into play, and how to evaluate whether it is a good...

Financial concerns are a top source of disagreement in couples, so what kinds of conversations should you be having with a future (or current!) spouse? In this week's episode Trent and Derek dive into the world of financial conversations in relationships - listen in to hear about how to start money conversations, the types of questions to cover, ways to make those conversations easier and more pro...

In this week's episode, Derek and Trent dive into the details of paying for college and how much is too much to borrow. 

Wondering how much to save for retirement? It's one of the most common financial questions out there. This week Trent and Derek break down the common rule of thumb around saving for retirement and the various reasons and ways you may want to adjust that to fit your own goals. Not at your ideal savings rate yet? Listen as they discuss the value of starting somewhere, and various ways to increase yo...

Think umbrellas just protect you from the weather? Think again! Tune into this week's episode on umbrella insurance coverage - learn what is and isn't covered by umbrella insurance, a few rules of thumb to calculate how much you need, where to get it, and how much you should expect to pay!   Check out our website, where you can sign up for our newsletter and find other free resources: Your Next Mo...

We decided to see what this A.I. hubbub was all about and asked it to write and record a short eposide for us, and here's what it came up with!

Ready for some new wheels? Needing (or wanting) a new car is a common situation, but do you know how to evaluate this everyday financial decision? Review a couple different rules of thumb for how to approach buying a new car, where this decision falls in the Your Next Money Move Map, discuss the tradeoffs of buying or leasing, and more on this week's episode.   Check out our website, where you can...

Given the rise in interest rates recently, increasing amounts of attention are being paid to bonds. In this episode Trent and Derek discuss the benefits and potential drawbacks of using bonds to hold extra cash today, related savings vehicles such as CDs, iBonds, and High Yield Savings Accounts, what inflation has to do with it all, and more.  Check out our website, where you can sign up for our n...