How to Money

Our guest on this episode is Lynnette Khalfani-Cox. Lynnette, also known as The Money Coach, is a personal finance expert, television and radio personality, and the author of 15 books, including the New York Times bestseller Zero Debt: The Ultimate Guide to Financial Freedom. A turning point is when she found herself in $100,000 worth of credit card debt and so we’re excited to hear how she overca...

Friday Flight 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 interesting topics like where to look for a great price on a used car, renewa...

Have our financial lives become so complex, that the different ‘advanced’ options available to us are actually keeping us from doing the right things altogether? It seems that the more complicated the approach we take to our money, the more likely the wheels are going to come off as we completely bag the system down the road. It’s a sad irony that applies to many of us- whether because we are over...

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 - If I try to purchase a home with cash, can I expect to get a better deal? How does this work? 2 - My employer is changing health coverage options, so what should I do with money that is in my HSA? 3 - What are CDs and are they a good idea these...

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 interesting topics like the updated Paycheck Protection Program and what that means...

Money just feels like a topic that is off-limits when it comes to discussions you have with your friends. Is it because it’s too personal? Maybe you feel it’s none of your business? A big part of why we started How to Money is because we feel that money conversations need to happen more often. Talking about money shines a light on it and brings about awareness, which can ultimately lead to improve...

We’ve all made some financial mistakes, but hopefully through reading, listening to podcasts, and learning from our previous mistakes, we can move forward and make smarter moves with our money. That’s what we’re covering during this interview. Our guest today is Jill Schlesinger who is an on-air CBS News Business Analyst who covers the economy as she guides people through their personal financial...

*While we typically try and record our Friday episode just days before being published, we recorded 207 and 210 weeks ago in order for us to be able to take some time off with our families. This means the death of George Floyd and the protests around the country hadn’t occurred yet and we were not able to comment. However, we believe that Black Lives Matter and we encourage our listeners to all wo...

Is everything in life negotiable? It depends on who you ask. We all enjoy paying less than we have to and getting a deal, but there are certain instances where it makes more sense than others. Just because you can negotiate a bill to get a few bucks off doesn’t mean it’s a good use of your time, when there might be a different bill that you should focus on instead. There are several areas in our p...

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 - How big should my emergency fund be and should I count my Roth contributions towards that cash cushion? 2 - Should I open up a high interest custodial savings account or a 529 Plan for my baby with some gift money? 3 - Is it OK to snag a store...

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 interesting topics like Netflix cancelling subscriptions, the high price folks pay f...

There are professionals who can help us in almost every aspect of our lives. In some cases it’s a slam dunk easy decision, but there are other times when we can, and should, handle it ourselves. The problem is knowing when to DIY it and when to call in the big guns, the professionals, in this case- the financial advisor. There are a lot of aspects of our personal finances that don’t require profes...

In this episode we have the honor of speaking with Richard Cordray, who served for six years as the first Director of the Consumer Financial Protection Bureau, or CFPB. Since his time at the CFPB, he has written a book, WATCHDOG: How Protecting Consumers Can Save Our Families, Our Economy, and Our Democracy. In his book, Richard shares stories of individual consumers in order to show how the Burea...

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...

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...

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...

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, wh...

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 buyin...

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...

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...

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 lev...

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...

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...

With the Great Lockdown continuing to take its toll on the economy, mortgage rates are at near all-time lows so now is a great time to consider refinancing. Pouncing on these lower rates can lower our monthly mortgage payment, allowing us to free up some money that was being funneled towards housing. But what else should we consider? Are you a good candidate for a refinance? And then on top of tha...

Our guest on this episode is personal finance expert Farnoosh Torabi who has transformed what most would consider setbacks, into the very things that drive her forward. She found herself living in NYC at the age of 22 with over $30k in debt, but it was through the process of climbing out of debt that Farnoosh realized her desire to help others with their money. She has done it all, from reporting...