Episodes
There are a lot of different types of insurance out there and it can be tough to know which types of policies you should look into and which ones to avoid. It’s easy to feel overwhelmed with the amount of information related to insurance, and that can lead you to not making any decisions at all. The end result is that things remain the same- and you’re underinsured. And then you might hear an anecdotal story of when a warranty or insurance policy came in handy for someone else, so you feel...
Published 07/29/20
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 refinance my student loans into a variable or fixed rate? 2 - How does it work if I want to take a 401k distribution for some home renovations projects? 3 - Why have I seen my homeowner’s insurance rate climb and what can I do about it? 4 - What should I consider when it comes to investing in a startup via a new investing...
Published 07/27/20
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 come out on the other side even stronger. In this episode we cover a lot of interesting topics like how Aldi is expanding, back to school spending is expected to be higher than ever, where to check if you haven’t...
Published 07/24/20
It’s time to hear from our wives, Emily and Kate! We finally bring the ladies back on for an episode that we recorded while we were together at the beach. We wrestled the kids down to bed, rigged up a recording table in an echo-y beach house dining room, cracked open some beers and got to talking about personal finance. We fielded some questions from the Facebook group and addressed some topics like what it’s like to be married to a hardcore money nerd, frugal date night ideas, transitioning...
Published 07/22/20
We all want to reign in the spiraling costs of healthcare, so that’s why we’re talking today with Scott Heiser. Scott has more than twenty years of experience as a consultant for clients in the insurance and healthcare system. During those years he also led and developed an employee benefit practice that managed more than half a billion dollars in health benefits. Scott knows the ins and outs of what can feel like the overwhelming world of healthcare and insurance- in fact in his book:...
Published 07/20/20
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 come out on the other side even stronger. In this episode we cover a lot of interesting topics like the reopening of theme parks, the rise of touchless payments, plans for school districts this fall, and whether or...
Published 07/17/20
Covid has impacted lots of areas of our lives - including our summer travel plans. So now is a great time to get a little creative if you are hoping for any sort of vacation. Many of us have had our getaways cancelled, or even if not, there’s a chance you may not feel great about being cooped up in an airplane for hours on end. Even if it’s relatively safe, it still isn’t something many of us want to do these days. But if you already have planned for a week off from work it’s important to...
Published 07/15/20
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 always follow the 1% rule as I consider buying an investment property? 2 - If I want to open a new online checking account, should I look to an online brokerage? 3 - How solid is cash value life insurance as an investment tool? 4 - As a recent college graduate, what should I do with a bunch of money I’ve saved up? 5 - I’m a circus...
Published 07/13/20
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 how students who lost summer jobs could be eligible for unemployment, what to do if you received a stimulus payment intended for a deceased family...
Published 07/10/20
How do you achieve FIRE? Last week we discussed the pros and cons of the Financial Independence Retire Early movement, and this week we’re covering the practical steps that will allow you to achieve FIRE. There are some basic principles that we all need to follow, even when our individual  journeys towards FIRE all look different. So in this episode we’ll be encouraging you to envision what you would want your ‘post-work’ life to look like- do you picture a more lean or luxurious retirement?...
Published 07/08/20
We have a really inspiring interview today that will encourage anyone who is looking to change their life by paying down debt. Jen Smith is a personal finance expert and she has the experience to back it up. Jen and her husband paid off $78,000 of debt in less than two years making well under 6-figures. She's been featured in Kiplinger, U.S. News & World Report, Money Magazine, and she's co-host of the Frugal Friends podcast and blogs over at ModernFrugality.com. Getting out of debt and...
Published 07/06/20
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 2019 Roth IRA contributions, high credit card interest rates, and how federal unemployment benefits are coming to a close. And then we talk some about...
Published 07/03/20
Financial Independence Retire Early- you’ve likely heard the term on the show and this movement has gained a lot of steam over the past decade. And even though we agree with most of the tenets of FIRE, there can be side effects or negative consequences that can occur when it’s taken too far. Just like with almost anything in life, when there isn’t a proper balance, something that’s normally good can easily become something bad. That’s what we’re going to talk about today- the pros and the...
Published 07/01/20
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 ask for a credit limit increase in order to increase my credit score? 2 - What are my options when it comes to paying off an installment loan? 3 - As I begin down the path towards home ownership, what things should I consider? 4 - How much of my company stock should I sell in order to pay off some credit card debt? 5 - What type...
Published 06/29/20
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 you can find baking help from professionals, your rights if you owe money, and PPP forgiveness guidelines. Then we talk with our friend Scott...
Published 06/26/20
As the repair costs of owning an old car begin to add up, you might be wondering if it makes sense to ditch it. Many folks make the decision to abandon their still solid vehicle based on the desire to drive something newer instead of an actual need for something more reliable. The costs of upgrading your car could blow a hole in your personal finances since transportation costs are typically the second line item on most budgets. But we also understand that a vehicle is more than just a way to...
Published 06/24/20
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 overcame that debt, and we’re also covering the important topic of economic violence and the impact it...
Published 06/22/20
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, renewable energy costs, and the effects of a deferment on your credit score. Then we discuss whether...
Published 06/19/20
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 overwhelmed with the convoluted nature of our personal finances, or maybe due to the fact that we...
Published 06/17/20
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 days? 4 - How should I go about shopping for the lowest mortgage rate? 5 - Should I be...
Published 06/15/20
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 for small businesses, taking time off in order to avoid burnout, and the ridiculous overdraft...
Published 06/12/20
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 improvement as we all have room to grow. Listen as we discuss some of the major ways you’re likely...
Published 06/10/20
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 decisions. Jill is a Certified Financial Planner and also the author of the book "The Dumb Things...
Published 06/08/20
*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 work toward making our world a more loving place.* Friday episodes are all about the week’s news...
Published 06/05/20
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 personal finances that we often overlook to the detriment of our bank accounts. And then one of...
Published 06/03/20