Episodes
When 99% of American companies are small businesses, it’s no exaggeration to say that these businesses are the backbone of our country. These startups have been responsible for almost all new job creation over the past 3 decades! And not only are small businesses important to our economy but they’re important to us on a personal level as well. These are the storefronts and people who make up our communities and neighborhoods- they’re a part of our identity! However as technology marches on,...
Published 12/04/19
This week on the podcast we’re answering your questions! 1 - Should I close a credit card that has a $40 annual fee? 2 - As a minor with my first job, where should I save and invest my money? 3 - How do I get my spouse on board using one of the budgeting apps? And with those apps are there any security concerns? 4 - I have a chunk of money that I plan to live off of in the coming years- where should I put it? 5 - Should I consider financing a car in order to keep my credit score high? And if...
Published 12/02/19
Before you’re tempted to rush out and pounce on those Black Friday deals: How amazing is it that we live in a world where there are so many ‘free’ things all around us? And how unfortunate it is, that we often don’t even see these ‘free’ resources because we’re so used to purchasing and consumption- we don’t even think to make use of them. Our technology and culture steers us in the direction to spend. Chances are you’re not taking advantage of this ‘free’ stuff and you’re overspending...
Published 11/27/19
Kristin Wong is passionate about helping people understand money in an accessible way. She started Lifehacker’s personal finance blog called Two Cents and she also authored the book “Get Money” last year - which is a great beginner’s guide to personal finance. She has also been featured in other major publications like Refinery29 and Glamour Magazine and you can currently find her writing in Smarter Living and the NYT. Even though Kristin is not a fan of Costco, we still had a great time...
Published 11/25/19
There are times in our lives as consumers, that we’re faced with a decision: even though I can’t afford it, do I buy this thing that I really want? “Ohhh, that new iPhone looks really awesome” or “It would be a ton of fun to take a trip to the mountains next month!”. We often already know that the answer to these questions should be “No, I don’t have the money” because we know it’s not worth going into debt for these types of expenses. But sometimes the answer isn’t always as cut and dried as...
Published 11/20/19
This week on the podcast we’re answering your questions! 1 - Should I make additional principal payments on my mortgage? 2 - I want to open a flexible account for my daughters- what should it be? 3 - Would you recommend a foreclosure or pre-foreclosure for us as first-time homebuyers? 4 - What do y’all think about investing in gold and other precious metals? 5 - While shopping for a house, should we take into account the potential rent from house hacking with our friend, as we consider what...
Published 11/18/19
The price of college has gotten so incredibly expensive that we’re wondering if college is even worth it anymore. With the current total outstanding student loan debt totaling over $1.6 trillion, the return on your investment isn’t as obvious as it was decades ago. Now is the time to ask: Is getting a degree from a traditional academic institution the best course going forward? The answer isn’t going to be the same for everyone, but we’ll touch on the important things to consider before you...
Published 11/13/19
Our guest on this episode is personal finance writer J.D. Roth who started his blog, Get Rich Slowly in the early days of the internet- back in 2006! It’s grown to be one of the most well-respected personal finance sites around thanks to his honesty, superb writing, and desire to serve his readers. We hear all about J.D.’s history with money, whether politics belong in personal finance, the different stages of financial freedom, as well as the intersection of depression and money. And let’s...
Published 11/11/19
Most folks we know are big fans of Airbnb- they’ve either had a great experience while traveling or they’re considering it for their next trip. There’s a good chance this is also true for you, but have you ever considered hosting on Airbnb? There are countless ways that we can make extra money on the side, but we’ve found that most of them aren’t nearly as rewarding as welcoming travelers into your home! Matt’s Airbnb apartment has been up and running for a few months now so in this episode...
Published 11/06/19
This week on the pod we’re answering your questions! 1 - How do I justify going on vacation while I still have student loans? 2 - Should I pay for an addition with a home equity loan or by draining my emergency fund? 3 - Is the rental car insurance provided by my credit card a good option? 4 - How can I drop PMI early? 5 - What should I do with my Roth IRA that is currently with a high cost brokerage? And if you have a question for us, we’d love for you to submit your own via...
Published 11/04/19
Imagine that you have a well paying job but otherwise it sucks and you wish you could leave. And now imagine that an amazing opportunity comes along for you to start your dream business- that thing you’ve always wanted to do, but the problem is that you know you won’t be able to pay yourself for a solid year. What you need is peace out money to keep you afloat! Or maybe some family or health issues have come up and you want to be able to spend time with family, or maybe you just want to take...
Published 10/30/19
Liz Thames, better known as Mrs. Frugalwoods, is the creator of the award-winning personal finance blog, Frugalwoods.com and she’s the author of the book, Meet The Frugalwoods: Achieving Financial Independence Through Simple Living. At age 32, she reached financial independence and left a successful career in Boston to create a more meaningful, purpose-driven life on a 66-acre homestead in the woods of Vermont with her husband and their two young daughters. Liz has been featured on The Today...
Published 10/28/19
In order to travel affordably, we have to keep our lodging costs in check! The money we spend on a comfortable place to sleep at night can be a huge expense, sometimes keeping us from traveling at all. Luckily there are some incredible ways to save more thanks to the internet and different apps created specifically to improve price transparency and to help you find the best deal online. We also have some great suggestions with some specific strategies to allow you to save big money on travel...
Published 10/23/19
This week on the pod we’re answering your questions! 1 - Should I negotiate my salary for an entry level position? 2 - As we begin to consolidate our debt, what effect will closing some credit cards have on the type of loan we’re able to get? 3 - Should I keep my HSA with my employer or take it somewhere else? 4 - Is a salvage title a deal breaker? 5 - How to save and invest effectively on a wildly varying paycheck? And if you have a question for us, we’d love for you to submit your own via...
Published 10/21/19
Countless Americans don’t have a plan for how much they will spend or who they will be buying for this holiday season. What results is we end up with that all too familiar spending hangover with folks paying off those “unforeseen” expenses well into the New Year. Instead, we can avoid that debt by beginning to think and save now (even starting to save now for next year!), and creating a spending plan that includes things like gift budgeting, making cuts to your list of who to include, and...
Published 10/16/19
For this episode, we’re excited to hear from David Greene who is a nationally recognized authority on real estate investing. David has been on CNN, Forbes, and HGTV several times and he’s also a former police officer and current co-host of the BiggerPockets real estate podcast. He is the author of best selling books like “Buy, Rehab, Rent, Refinance, Repeat: The BRRRR Rental Property Investment Strategy Made Simple” and “Long Distance Real Estate Investing”. We not only hear his tips on what...
Published 10/14/19
It’s vitally important to discuss financial optimism because a LOT of folks have negative money scripts floating around their heads. Their pessimism hurts their current view of their money and their future financial wellbeing. How can we combat that? Financial optimism. We need to understand the good that currently exists in our lives and cultivate a hopeful attitude towards our finances. When we’re pessimistic about the current state of our financial health, it leads to inaction and that...
Published 10/09/19
This week on the pod we’re answering your questions! 1 - What are some strategies to keep my healthcare affordable before Medicare kicks in? 2 - Financially speaking, should I be preparing to take care of my aging mom who is bad with her money? 3 - What kind of receipts should I be keeping up with as I manage my financial affairs? 4 - Are car subscription services, like Care by Volvo, a good way to pay for a car? 5 - Timeshares seem so cheap these days, are they a good deal?And if you have a...
Published 10/07/19
With mortgage rates near all-time lows, 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 funelled towards housing. But what else should we consider? Are you a good candidate for a refinance? And then on top of that there are also costs involved in refinancing that can make it prohibitive. In this episode we discuss the factors you need to consider, some great reasons to refi, and...
Published 10/02/19
This week we’re excited to have our friend Brad Barrett join us on the podcast. Brad is co-host of the podcast ChooseFI, but before that he was a CPA who left his job thanks to his pursuit of financial independence so he obviously knows a thing or two about personal finance. However, Brad’s favorite topic is leveraging credit card rewards to save more money, and take trips you never would have dreamed possible! Listen as we kick things off by discussing financial independence, but then we...
Published 09/30/19
There's power, especially for young women, in talking about money: how much we make, how much we spend—and how money impacts our identities and our relationships. She Makes Money Moves, a new podcast from Glamour and iHeartRadio, is your invitation to join the conversation. Hosted by Glamour editor-in-chief Samantha Barry, She Makes Money Moves shares intimate, unscripted stories from women across the country along with advice from financial experts to help guide these women—and women...
Published 09/28/19
We have some really exciting news to share before introducing this Wednesday episode (and ironically enough, we discussed the cost of diapers at the beginning of this one)!Are we ready for a recession!? The economy has been roaring for close to a decade and corrections are inevitable. We’re not saying to pay uber close attention to the news cycle and the different predictions of the market tanking, but it is good to be prepared. And even if an actual recession never occurs, getting our...
Published 09/25/19
This week on the pod we’re answering your questions! 1 - Condos: are they a good investment? Should I consider one instead of a house? 2 - What are all the different types of auto insurance that are offered? 3 - I have whole life insurance. Should I cancel immediately or let it sit around to allow the cash value to grow? 4 - Unfortunately I’ve already signed up with a debt settlement company, but should I stick with them if they’re settling and negotiating my debts? 5 - Frugal or Cheap? I’m...
Published 09/23/19
Over the course of our lives, our habits become ingrained and the small things we do day after day shape who we become. This is especially true of our money as simple routines can be life-changing, but don’t forget the door swings both ways. While positive financial habits can lead to massive wins for us down the road, negative habits can lead to some pretty grim consequences. In this episode we discuss the ‘what’ and the ‘how’- what are some great financial behaviors to begin practicing, and...
Published 09/18/19
Tiffany Aliche is also known as the Budgetnista and her mission is to make life-changing financial education accessible to women worldwide. She’s been featured on MSNBC, The Today Show, Forbes- and earlier this year she was instrumental in a new law that passed in New Jersey that will have a massive impact on financial education. We also dive into her history with money and how even though she was raised in a household that prioritized money discussions, she still made some costly mistakes...
Published 09/16/19