We’re kicking off the week by answering listener questions! And if you have a question that you’d like for us to answer on the show, we’d love for you to submit your own via HowToMoney.com/ask , send us your voice memo. Regardless of how random or bizarre you might think it is, we want to hear it!
- Should I continue investing in my Acorns account or pay off my student loans?
- Where should I invest money for a wedding?
- Does it make sense to deduct depreciation on real estate, even when the IRS recaptures that depreciation when I sell that property?
- How do I go about converting a non-deductible traditional IRA to a Roth IRA?
- As I have a little one on the way, can you share some of your money saving baby hacks?
- The SNL skit about canceling a subscription.
- We referenced our 7 Money Gears during this episode. It’s important to know what your next financial moves should be before you take action!
- Head to TreasuryDirect.gov and snag you some i bonds paying over 7%.
- Check out Coach Carson’s video on depreciation recapture.
- Extra cash – And regardless of where you are on the path to financial independence, we believe in the responsible use of credit cards. It’s smart to utilize the additional benefits that credit cards offer- for instance the 60,000 points that come with the Chase Sapphire Preferred Card. That’s $750 when you redeem through Chase Ultimate Rewards! This is no joke- I’ve already done this myself which we discussed on a recent episode after I met the initial spending requirements of $4,000 over 3 months!
During this episode we enjoyed a Hatch Me Outside by Crosstown Brewing – a big thanks to Ben for donating this delicious craft beer to the podcast! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!
Best friends out!
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