Ask HTM: Going on Vacation While Still in Student Loan Debt, Paying for a Home Renovation, and Credit Card Auto Rental Insurance – Episode 136

November 4, 2019

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

Resources from this episode:

  • We talked about formerly digital companies swinging back the other way towards non-digital. Here’s an article in Forbes covering some reasons why Amazon is looking to brick and mortar locations.
  • Amy’s question was on what funds to use in order to renovate her home. But if you’re considering renovating your house, be sure to listen to our previous episodes on whether you should renovate or move, and then listen to renovating on a budget!
  • For credit cards that offer primary coverage on your car rental worldwide, look no further than the Chase Sapphire Preferred (which is a personal favorite and one that I have in my wallet right now). If you run your own business the Chase Ink Business Preferred is a card you should consider, and in both cases these cards come with a fantastic welcome offer.
  • If, like Casey, you have a retirement account with an expensive brokerage that charge sales fees plus their funds have high expense ratios, then we would highly recommend switching to a low cost brokerage like Vanguard, Fidelity, or M1. Check out my article on why I’m a fan of the free and automated investing that M1 provides.

During this episode we enjoyed a Liquid Stardust by Surly Brewing- a big thanks to our friends at Surly for donating this beer to the show! And if you enjoyed this episode, be sure to subscribe and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to spread the word to get more people doing smart things with their money!

Best friends out!

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