The Financial Philosophers

Send us Fan Mail In today's episode, we discuss three high-yield options for parking your cash. Whether you're trying to decide where to stash your emergency fund or save for a short-term goal, there's bound to be a good option here for you to consider. This is Part 1 of this conversation, where we discuss high-yield savings accounts, certificates of deposit (CDs), and money market...

Send us Fan Mail In today's episode, Chris and Danny share their thoughts on Black Friday shopping, as well as provide some guidelines for having more intentional spending habits. Whether you're making purchases this Black Friday, or on any other day, you're bound to walk away with some good tips for having better financial behaviors! Support the show Support the Show: patreon.com/T...

Send us Fan Mail In today's episode, Danny asks Chris about his thoughts on cryptocurrency. Is this a legitimate asset class? How might cryptocurrency fit in as part of one's overall allocation? What are some of the pitfalls to be aware of? Come join us and find out! Support the show Support the Show: patreon.com/TheFinancialPhilosophers If you would prefer the video version of this podc...

Send us Fan Mail Giving to charity feels great, but how might we give effectively? There are more things to gift than just cash, and there are several tax implications to be aware of when doing so. Join us as we discuss some important concepts to be aware when thinking about your charitable giving strategy. Whether you are currently donating or plan to donate later in life, you're bound to wa...

Send us Fan Mail In today's episode, Chris and Danny address a listener question about day trading. Is day trading a legitimate source of additional income? Is it really as easy as many "success stories" make it out to be? Day trading is highly speculative, and there are many risks to be aware of. Join us as we share our candid thoughts on this topic.  Support the show Support the S...

Send us Fan Mail In today's episode, Chris and Danny run through some part time jobs and side gigs that have greater potential in boosting one's cash flow. Many people find themselves in a position where they want to aggressively pursue a financial objective (e.g., pay off a debt, hit a savings target, purchase a home, establish an emergency fund, etc.), but feel that their current incom...

Send us Fan Mail In today's episode, Chris asks Danny a few thought-provoking hypothetical investment questions about returns and losses. While the premise is simple, the implications are profound. Don't miss this episode! Support the show Support the Show: patreon.com/TheFinancialPhilosophers If you would prefer the video version of this podcast, join us on our YouTube channel over at h...

Send us Fan Mail There are a lot of "financial truths" that people speak about that are not truthful at all. In fact, there are several aspects in personal finance that people often get flat out wrong. Are you curious to hear about what some of them are? Have you ever believed (or do you currently believe) in any of these common financial misconceptions? Come find out, and walk away with...

Send us Fan Mail In this episode, Chris tells Danny an interesting and unique story about a friend who has an old whole insurance policy that their grandfather gave them. Given how rare of a case study this was, Chris asked Danny what he would do in this situation. This is a fun little episode, so be sure to check it out! Support the show Support the Show: patreon.com/TheFinancialPhilosophers If y...

Send us Fan Mail Today we discuss the pros and cons of the Financial Independence, Retire Early (FIRE) Movement. The FIRE Movement is often characterized by extreme financial behaviors (saving, control over spending, multiple income sources, etc.) that may come at a cost to one's social life. However, maybe there is a way to yield the power of the FIRE movement while maintaining a balance wit...

Send us Fan Mail In today's episode, we answer a listener's question about Environmental, Governance, and Social (ESG) Investing. Does ESG investing make a difference? How might ESG investing affect one's portfolio goals? Tune in to this episode as we share some of our thoughts on this topic!  Support the show Support the Show: patreon.com/TheFinancialPhilosophers If you would prefe...

Send us Fan Mail Do you ever find yourself checking your investment account too often? Are you convinced that achieving high returns is the most effective way to accelerate how much wealth you accumulate? Today we are discussing the effect that increasing contributions vs. increasing investment returns has on growing your net worth. Which one is more impactful? Be sure to listen to this episode, a...

Send us Fan Mail We hope this quick conversation can get you started down the right path to accommodating the reinstatement of your federal student loan payments. Use this link to checkout Travis Hornsby's Repayment Guide ! Support the show Support the Show: patreon.com/TheFinancialPhilosophers If you would prefer the video version of this podcast, join us on our YouTube channel over at https...

Send us Fan Mail In today's episode, Chris asks Danny a hypothetical question about the lottery. Join us as we explore some interesting viewpoints on logic-based vs. outcome-based decision-making processes.  Support the show Support the Show: patreon.com/TheFinancialPhilosophers If you would prefer the video version of this podcast, join us on our YouTube channel over at https://www.youtube.c...

Send us Fan Mail We're talking through dividends. What are they, why are they, and are they right for you? Join us to find out! Support the show Support the Show: patreon.com/TheFinancialPhilosophers If you would prefer the video version of this podcast, join us on our YouTube channel over at https://www.youtube.com/@financialphilosophers To contact us for Interviews or Business Inquiries, pl...

Send us Fan Mail Join us as we discuss the differences and benefits of monthly or annual subscriptions. Support the show Support the Show: patreon.com/TheFinancialPhilosophers If you would prefer the video version of this podcast, join us on our YouTube channel over at https://www.youtube.com/@financialphilosophers To contact us for Interviews or Business Inquiries, please refer to the About page...

Send us Fan Mail Join us today as we discuss what a Financial Order of Operations (FOO) is, what common FOOs have been proposed online, and whether there is such a thing as a "one size fits all" FOO. Perhaps at the end of this episode you'll have a better idea as to what FOO fits best for you?  Support the show Support the Show: patreon.com/TheFinancialPhilosophers If you would pref...

Send us Fan Mail Support the show Support the Show: patreon.com/TheFinancialPhilosophers If you would prefer the video version of this podcast, join us on our YouTube channel over at https://www.youtube.com/@financialphilosophers To contact us for Interviews or Business Inquiries, please refer to the About page of our Youtube channel.  --------------------------------------------------------------...

Send us Fan Mail Join us as we talk through the most common rules of thumb for buying a vehicle, the strategies we each used in purchasing our last vehicle, buying new vs. buying used, paying in cash vs. financing, buying vs. leasing, and what to do before, during, and after your purchase. Support the show Support the Show: patreon.com/TheFinancialPhilosophers If you would prefer the video version...

Send us Fan Mail Welcome to another set of listener submitted questions! Today wearing talking through 529 accounts, as well as reasons to carry life insurance. Support the show Support the Show: patreon.com/TheFinancialPhilosophers If you would prefer the video version of this podcast, join us on our YouTube channel over at https://www.youtube.com/@financialphilosophers To contact us for Intervie...

Send us Fan Mail Join us as we talk through the different aspects of financial freedom, and what you can focus on to reach your own goals! Support the show Support the Show: patreon.com/TheFinancialPhilosophers If you would prefer the video version of this podcast, join us on our YouTube channel over at https://www.youtube.com/@financialphilosophers To contact us for Interviews or Business Inquiri...

Send us Fan Mail Chris asks Danny a rather puzzling question regarding $70,000 of hypothetical income. Support the show Support the Show: patreon.com/TheFinancialPhilosophers If you would prefer the video version of this podcast, join us on our YouTube channel over at https://www.youtube.com/@financialphilosophers To contact us for Interviews or Business Inquiries, please refer to the About page o...

Send us Fan Mail Today we are discussing the process of combining finances with your partner or spouse. How do you handle your finances with your significant other? Are you open or private? Do you commingle everything or keep it all separate? Join us as we discuss the pros and cons of different approaches. Perhaps you'll walk away with a better mindset, and be able to coordinate your finances...

Send us Fan Mail Should I rollover my 401(k) from my old job? Should I make additional payments to my mortgage given my particular situation? Join us as we answer these two questions from some of our listeners.  Support the show Support the Show: patreon.com/TheFinancialPhilosophers If you would prefer the video version of this podcast, join us on our YouTube channel over at https://www.youtube.co...

Send us Fan Mail To Roth, or not to Roth, that is the question! Join us as we talk through the pros and cons of making Roth (after-tax) vs. Traditional (pre-tax) retirement account contributions. This question requires more than just looking at one's tax bracket. What important nuances should you consider when making such a big decision about your retirement savings plan? Join us and find out...