Dads Daughters and Dollars

Welcome to Our 100th EPISODE!!!! So grateful to everyone in our 21 countries  for listening regularly. In this episode, we discuss the Top Financial Regrets of American Adults. This episode is particularly important to those in their 20's to hear so they can avoid the regrets their elders had. If there is one common message from these adults it is "Don't Live Beyond Your Means:" Enjoy. 

In this episode, we discuss the App Robinhood and why I think you should stay clear of it. I highly recommend you watch the Jon Stewart video "How Redditors Exposed The Stock Market." and then ask yourself if Robinhood is right for you.  https://www.youtube.com/watch?v=bP74RBTE8kI

We discuss what Pump and Dump means in the financial world and 5 ways to avoid being a victim of it. I recommend you watch both "Eat the Rich-The Game Stop Saga" on Netflix and The Wolf of Wall Street which is based on a true story.  Enjoy!

This episode is based on an amazing article by Nick Maggiulli from his great financial blog, Of Dollars and Data. Learn how your spending can have more meaning and long term value. We welcome our 21st country, Japan.  https://ofdollarsanddata.com/spending-without-regrets/

In Part 2 of Travel Hacking My Way to Greece , we welcome back the original Greek Freak, Tom Katsis, my friend who joined me on this trip to Greece. We talk about unbelievable deals on food, and maybe you should consider splitting one meal they are so big. Also taxi's in Greece , how rates are negotiable with most cabs without a meter and most taking only Euros. Car rentals are unbelievably reason...

Katelyn and I welcome Tom Katsis to help us share travel hacks on the way to and in Greece. In Part 1, we discuss Flights when booking with one airline but the actual flight is OPERATED BY another airline. Also be aware in Greece regarding Passenger Boarding Bridges or Jet Bridges or the lack thereof. It can affect your connecting flight in a big way as we learned. Also please be fully updated wit...

In this episode we discuss 15 side hustles to earn extra money. Here are links to some of the side hustles we discussed. https://driver.grubhub.com/?utm_source=grubhub_webdinerapp&utm_medium=content_owned&utm_campaign=product_footer-link   https://www.uber.com/us/en/deliver/?_ga=2.118914953.1872937448.1663098145-1735518227.1661301213&_gac=1.117130740.1663098145.CjwKCAjw1ICZBh...

When you pay yourself first, you contribute to your Savings and Retirement Accounts BEFORE paying your bills. The money can be automatically sent to those accounts and you pay your bills with what is remaining in your check. By automating your accounts you secure your future and take advantage of one of the Commandments of Personal Finance. 

In this episode we discuss what your rights are if your flight is cancelled or delayed. The Department of Transportation has an interactive dashboard you can download so you know what you can expect from the airlines.  https://www.transportation.gov/airconsumer/airline-customer-service-dashboard

In this episode we discuss Required Minimum Distributions(RMD's)-what they are and how to maximize them. Depending on when you retire , if the stock market is down, you might not want to take your RMD's as cash but rather keep them invested. We tell you how. This episode is a SPECIAL TIME CAPSULE EPISODE for my daughter . Enjoy. I refer to Roth-IRA's and you can learn more in this episode. https:/...

We discuss the fear of spending money which is actually called Chrometophobia. Some people based on their upbringing don't know how to allow themselves permission to spend money thinking there will always be finance problems in the future. We discuss strategies to help you including 1) writing down your short, medium and long term goals and 2) prioritizing your transactions as wants or needs. Plea...

Our guest co-host Deanne Avner asks me money questions she has always wanted answered. The include questions about savings, debt, credit cards and charity giving. Here is a link to the the Investment Policy Statement from Jim Dahle we spoke about that I think everyone needs to see first before drawing up your own. https://www.whitecoatinvestor.com/how-to-write-an-investing-personal-statement/&nbsp...

50% of Americans experience tax anxiety. In fact there is a name for it. Forosophobia, or fear of Taxes and the IRS. In this episode we take you through my experience with trying to get a refund from the IRS and why you have very little to worry about. IMPORTANT TO KNOW- The IRS will not come to your house. https://www.nbcnews.com/business/consumer/irs-will-stop-making-unannounced-person-visits-ci...

An impound account is an account held by your mortgage lender to collect and pay your homeowners insurance and property taxes. The are many times required depending on the amount your down payment when you purchase the house. We discuss the Pros and Cons of an impound account and I recommend not having one if you can avoid it. 

Gold is often pushed as a great hedge against inflation especially when the stock market is down. My Dad gives 5 reasons why he thinks I shouldn't invest in Gold. I learned a lot. 

We discuss a Clark Howard article I read called "Clark Howard's #1 Rule To Travel Cheap" and the Amazing Kayak Explore. Other travel hacks include Cheap Flight Services like Scott's Cheap Flights, Dollar Flight Club, NextVacay, Travel Pirates and Fly4Free.  https://scottscheapflights.com/   https://dollarflightclub.com/   https://nextvacay.com/   https://www.trav...

We discuss exactly what Term Life Insurance is, what Whole Life Insurance is and give an example of buying each one. Choose wisely!! Spoiler Alert-we reveal the Winner by the end of the show. 

We discuss how long you should keep Car Records, Insurance Policies, Mortgage Statements, Tax Records, Passports and More. 

We discuss what Buying on Margin is (it's a loan) and while there might be an upside, at the end of the day you should steer clear of buying on margin.

As we start our 5th Season, we share a success story from a listener who saved $60,874.34 by recasting her mortgage. She heard our Ep. 206: Thank God That Guy Went Snowboarding" that discussed how I did a recast on my own house. With some persistence she got her recast. Listen to how she did it. 

I switch the tables and interview my dad about his investing background and choices when it comes to mutual funds and what he thinks about stocks. Turns out my own funds need some help! Tune in to find out.

Listen in to find out why zip codes matter for buying car insurance and debunking the headache that is car insurance.

We discuss how putting a 20% down payment on a house is more important than you might think. Also, if you do ONE thing from this episode, avoid PMI at all costs.

My dad compares passive investing to marriage. Also, in passive investing, it’s better to get a B than an A.

History is on your side when it comes to investing — don't let world events and the emotions of the stock market detour you. When it comes to investing, just enjoy your day at the beach.