Let’s dive into the week with some fresh listener questions we have lined up for you! And don’t just stand on the sidelines- if you have a question you’d like us to answer, toss your voice memo our way. It only takes about 90 seconds to record and you can find a step by step guide over at HowToMoney.com/ask . Regardless of how random or bizarre you might think it is, we want to hear it!
- Will we wreck our finances if we sell our house after just two years?
- How should I invest a recent windfall as someone who hasn’t invested before?
- What should I do after my newish car has broken down?!
- Should I consolidate my high interest rate credit card debt with a HELOC?
Additional Links:
- Money gears – Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.
- HELOC? – Here’s the entire pros and cons list of using a HELOC to pay off credit card debt. It can be a great move financially, but it certainly comes with some scary risks!
- Credit Scores – Here’s our full article on how to raise your credit score. Remember, take a long term approach when building credit. Temporary score dips will happen, and that’s OK. The main goal is to build reliable history and worthiness over the long haul.
- Windfalls – We get this question a lot actually, because every year people get unexpected tax returns and wonder how to best use the money. Here’s out post on what to do with a big tax return (and how to fix it so next year you don’t have the same issue)
- Community – Join a thriving community of fellow money nerd in the HTM Facebook group. You can ask all sorts of money questions and get interesting opinions from the mind hive 😉
- Credit Card Tool – Looking for the right credit card for you? Then check out our new credit card tool that’ll help you to easily filter through all the cards based on your preferred airline, whether or not they have an annual fee, or simply by the cashback offer! Just toggle the sliders and you’ll know which card to consider.
During this episode we enjoyed a Skelehawk by Parish Brewing! 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!
