How to Money

Friday episodes are all about the Great Lockdown, Covid-19, and your money. There’s a lot of news and information out there, but we are distilling that 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 share our thoughts on some states reopening for bu...

Many of us have been stuck at home with extra time on our hands due to the quarantine. Even if your state or local government hasn’t made it an official order, it’s likely you’ve found yourself trying to figure out what to do with these free nights and weekends! And while we wouldn’t suggest that you must use all that additional time to work on your personal finances, it would helpful to use at le...

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 have a lot of bonds in my portfolio- is now a good time to sell them and buy more stocks instead? 2 - How are new student loans being affect by the health crisis? 3 - I’ve recently started doing business with an insurance broker, saving me ti...

Friday episodes are all about the Great Lockdown and your money. There’s a lot of news and information out there, but we are distilling that 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 take a look at the changes we’ve seen to consumer spending, e...

A stimulus check, tax refund, or any large windfall doesn’t happen all that often, so it’s no surprise that we’re not all that great at doing something smart with that money. Most of us think of it as a bonus that we should spend! And for people who diligently prioritize saving and investing every single month of the year, that might be ok. But for most people, a more thoughtful approach is in ord...

We’ve all heard about the minimalist lifestyle- maybe you’re picturing a bearded hipster drinking coffee in his perfectly white dining room or an Instagram worthy, perfectly styled modern kitchen. It turns out that’s not what minimalism is all about- it’s about priorities. Also, we’ve all been spending more time in our homes than we’d probably like to be, and all that clutter might be getting to y...

Friday episodes are all about the coronavirus and your money. There’s a lot of news and information out there, but we are distilling that 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 dive into some changes to retirement accounts due to the CARES A...

67 million people are anticipating having trouble paying their bills due to the fallout from Coronavirus. A lot of us have seen our income drastically cut, or maybe you don’t have ANY income at the moment. It’s important to prioritize our money now and conserve our cash, because in a tough economic cycle we might have more need for it. So the time has come for many of us to tighten our belts and c...

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 - What steps can be taken in order to prepare to become a single income household? 2 - In addition to maxing out my Roth IRA, what else should I do if I want to save and invest more? 3 - What are your thoughts on long-term care insurance? 4 - As...

Friday episodes are all about the coronavirus and your money. There’s a lot of news and information out there, but we are distilling that 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, including more details on the CARES Act, aka the stimulus bill. Specifically we dive into unemployment, as...

It is essential for us to learn how to thrive while working from home. Our modern workforce has been heading towards working remotely for years, but of course the coronavirus has all but eliminated the ability for non-essential offices to continue to function as they had previously. The problem is that most of us don’t have home offices, or if we do, there are still countless distractions in our h...

Since we’re all spending a lot more time indoors, getting to know our kitchens a little better and not going to restaurants, we’re particularly happy to have Beth Moncel joining us today. Before Beth was a food blogger, she was a microbiologist after earning a degree in nutritional science. Now, she has a massively popular site called Budget Bytes where you can find simple, delicious recipes that...

Friday episodes are all about the coronavirus and your money. There’s a lot of news and information out there, and our goal is to distill that down to specific takeaways that will allow you to weather this surreal health and financial crisis. In today’s optimistic episode we cover a lot of good news coming down the pike, including the stimulus bill- how it looks like we’re all getting stimulus che...

It doesn’t matter if the market is flying high, or if it’s dropping faster than we’ve seen in history, each one of us is capable of making the occasional dumb decision, and it’s simply because we’re human! There are certain tendencies ingrained in us that can cause us to approach the world and our personal finances in an irrational way. Some of the hardest money mistakes to correct are ones that w...

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 - Should I utilize a VA loan to purchase a home? 2 - As a graduate student, what do I need to keep in mind as I’m applying for my first credit card? 3 - I’m repaying my student loans as part of the PSLF Program - should I make contributions to my...

The economy and its effect on our personal finances continues to change due to the coronavirus, so our shorter Friday episodes are here to stay! Our goal is to provide you with timely and relevant information you need to be aware of so you can be in control of your money. In this episode we cover how to manage decreased or non-existent income along with bills that need to be paid, whether now is a...

Maybe the reason you haven’t been able to stick with a budget is because you’re trying to use the wrong kind of budget! There are different approaches, apps, and methods out there, and finding the right one for you could be the difference between a failure to launch, and you becoming a budgeting pro. We’re here to remind you of the many benefits of having a budget- it’s not only about saving more...

If you feel overwhelmed at the thought of investing in the stock market, especially amid these turbulent times, then look no further. We are fortunate enough to be speaking with the one and only JL Collins. JL is an expert in the arena of investing and is the author of the book “The Simple Path to Wealth”. In his book and on his site, JL writes about how truly straightforward and simple it is to i...

This is a special edition of How to Money to address the financial effects of the coronavirus and what we should be doing with our money during these volatile times. With the spread of Covid-19, there are many changes impacting our lives we do not have control over. However, we do have control over what we do with our money- especially our investments. Take a quick listen as we answer several list...

Feeling overworked?! Between trying to get ahead at your 9-5 and pursuing side hustles, chances are really high that you feel like your work-life balance is out of whack. We find ourselves chronically fatigued and exhausted because we give too much to our work, leaving little left for ourselves and those around us who we love. For instance, as a result most Americans don’t take all their vacation...

This week on the podcast we’re 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 - What is a cash management account and should I have one? 2 - Should I pay $9500 to exit a work contract early? 3 - Aside from a 529 plan, how else can I invest on behalf of my young son? 4 - Rule of 173, single family vs multi-family propertie...

With the proliferation of electric vehicles, you might be wondering if you should look into an EV for your next car purchase. The advancements in battery technology means that range issues aren’t nearly as much of a concern. And with more and more automakers releasing their own lines of EVs, it’s clear that the electric vehicle is here to stay. There are countless benefits that accompany an electr...

Delaying your college application a few months could cost you $20,000! This is just one of the many things we learned during our conversation with Certified College Counselor, Elisia Howard. She has been in education for fifteen years and worked in college admissions for five years before starting College Insights in 2015. At College Insights, Elisia helps students navigate college decisions throu...

Working hard for money isn't a foreign concept, but working hard to receive good customer service often is- we so rarely advocate for ourselves! The first step when you're looking for great customer service is to be sure to do business with a reputable company. After that, there are plenty of additional elements to consider to not only save you money, but allow you to walk away from a transaction...

This week on the podcast we’re 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 - Should I pay off my credit card debt that has a 0% interest rate? 2 - How much money should I have in my emergency fund since we’re house hacking with a duplex? 3 - What do I do with money that I’ve inherited as a 401k? 4 - Does whole life ins...