Dads Daughters and Dollars

We discuss when the stock market drops, investing experts come out with all different types of advice. What should you do? NOTHING!! Don't panic. If you have invested in things that are not risky, over time you will be fine. The cost of admission to the stock market is dealing with volatility. You have to be willing to pay that admission cost if you want to do well over time. 

Katelyn & I discuss the Rent to Own Home Buying process pros and cons. We are on opposite sides of this topic. Tune in to see why we couldn't agree. 

We discuss how to save money when you book a hotel with Hotwire. My Dad tried it and saved 40% on his trip to Greece. Here is a You Tube video explaining how it works. https://www.youtube.com/watch?v=ZxFakjps77o

We discuss the effect Social Media has on investing behavior. Also I give my recommendation when considering investing based on advice from Social Media. 

Solo 401K's have really big advantages for business owners. We discuss how you can benefit if you are a business with no employees. 

In this episode, we discuss my Dad's personal experience with Lemon Laws with his new electric car. In the end, everything came out well but for 5 1/2 months it was annoying dealing with the dealership. My Dad is thankful for the attorney who helped him and having the Lemon Law protect him. Here is a link to what you need to know. https://www.findlaw.com/consumer/lemon-law/lemon-law-basics.html

We discuss various places to view free movies online. Most these places offer free movies or TV by creating an account and watching the movies with advertisements. My Dad favors the sites connected to the library system like Kanopy and Hoopla which offer free movies, TV, magazines, newspapers, etc. Here are the links to all the sites.  https://therokuchannel.roku.com/ https://www.youtube.com/...

We discuss what Basis Points are, how they effect the loans we have and what it means for our Economy. Here is a link to a Basis Points Calculator. https://www.omnicalculator.com/finance/basis-point Also we share listener feedback regarding Episode #412: Buying A House With 3% Down? Absolutely!! Learn from someone who took advantage of the program. 

We talk about the Conventional 97 loan program and how first time home buyers can take advantage of one. Since down payments are the number one thing that stops people from getting into a house, this program might be right for you. Here is a link to a great article to how the program works. https://mymortgageinsider.com/conventional-97-ltv-program/

Spam Texts cost Americans 10 Billion dollars in 2021. Spam e-mails are just as annoying and costly. We discuss how to protect yourself with both forms of spam. Links to the things we talked about. Trash Mail https://www.trash-mail.com/en/  10 Minute Mail  https://10minutemail.com/  Mail Drop  https://maildrop.cc/  Mail Poof  https://mailpoof.com/

Based on an article on the Clark Howard website, we discuss Fees you should never pay. Here is a link to get a free Annual Credit Report..https://www.annualcreditreport.com/index.action  Also the 3 major credit unions.  Experian https://www.experian.com/lpt/credit-score-tmpl.html?conf=frsc_a&pc=sem_exp_google&cc=sem_exp_google_ad_1753197833_64047654130_459274193670_kwd-10009480_p...

We discuss Payday Loans in this Episode-What they are, How they work and Why you should never use one. We also suggest you watch the documentary Dirty Money about Payday Loans. 

We discuss the Pros & Cons of debt consolidation . It can be really beneficial for someone looking to simplify their finances but be aware of Debt Settlement Services disguised as a Debt Consolidation Service. We go into student loans and the difference between Federal and private loans. Also here is a Student Loan Consolidation Calculator to see if consolidation works for you. https://www.ner...

We discuss Good Debt vs Bad Debt and give examples of both. Also how tired Katelyn is from shooting the Super Bowl. And we welcome our 17th country listening, South Korea! Welcome aboard. 

We discuss the many steps you should take if you win the lottery. First and foremost, don't tell anyone! Then go incognito. Also the pros and cons of taking a lump-sum payment versus the annual payments. Here is the calculator we discussed to help you make a decision. https://www.afterlotto.com  Good Luck!!!

We discuss the pros and cons of Car Buying Services . A Car Buying Service can help you avoid the hassle of visiting dealerships and negotiating car prices on your own. They can even get you a deal that is below (MSRP) Manufacturers Suggested Retail Price. In this episode, find out why it might not be the overall best deal you can get. 

Katelyn discusses things you can do to protect yourself as a renter of an apartment. Things like documenting with video and photos any issues you have especially when trying to get out of your lease. 

We discuss personal finance facts everyone should know but we rarely learn in High School or College. Also how Katelyn is killing it in the world of sports photography. Her photograph of Russell Westbrook of the Lakers dunking has been seen throughout the world one day later. Well done Katelyn!

In this episode, my dad breaks down the financial philosophy of J.L. Collins and why he thinks he's one of the best ever in guiding us down the path of financial independence. Fun fact: the book Collins wrote is the first and only financial book Sean has given me! Links to articles/videos referenced in this podcast: JL Collins - Talks at Google https://www.youtube.com/watch?v=T71ibcZAX3I How I fai...

Welcome to Season 4 everybody! We appreciate all of you so much for being on this financial journey with us. On today's episode, Katelyn discusses her financial emotions around big purchases and her opinions on the budgeting app, Mint. Oh, and I'm letting my dad talk on this episode too! ;)

Learn about the amazing bet Warren Buffett made about Index Funds and why it paid off. Listen in on how you can use this advice to be successful. This episode originally aired in September of 2020. Enjoy one of our most popular episodes. https://www.cnbc.com/2018/01/03/why-warren-buffett-says-index-funds-are-the-best-investment.html

How Jack Bogle's advice could make you very well off.  In this episode, we look at index funds and why they need to be part of your financial plan. We link to a must-have book, interview, and article about the great Jack Bogle. This episode originally aired in September of 2020. Enjoy one of our most popular episodes. https://www.smh.com.au/business/markets/he-should-be-a-billionaire-but...

My Dad gives me 7 reasons why over the long term we can expect the stock market to go up. This episode originally aired in June of 2021. Enjoy one of our most popular episodes.

We discuss the pros and cons of Roth IRAs. Hint: there are no cons. This episode originally aired in August of 2020. Enjoy one of our most popular episodes.

My dad shows me how to buy a car from home and also save thousands of dollars. This episode originally aired in July of 2020. Enjoy one of our most popular episodes.