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!
- We want to tap our retirement accounts early to be able to fund a bigger down payment, is that ok?
- Taking Social Security… what strategy should I employ?
- How should my daughter consider paying for a study abroad program?
- Is it frugal or cheap to skip the purchase in a used bookstore and add it to my audiobook queue instead?
- What about canceling old credit cards while I have an 826 credit score?
Additional links:
- Giving – Check out our full review of Daffy, as well as other pros and cons setting up a Donor Advised Fund!
- Study Abroad – More info about programs here!
- Down Payments – Of course, we always recommend saving up for a down payment organically, but there are some circumstances where tapping into your Roth IRA to buy a house could be beneficial.
- Money gears – Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here
- Cheap cell pans – Massively reduce your cell phone bill each month by switching to a discount provider like US Mobile!
- Community – Join a thriving group of fellow money nerds in the HTM Facebook group. It’s a great place to ask money questions and get feedback from the mind hive!
- Newsletter – Don’t forget to sign up for the best personal finance newsletter in all the land! It’s completely free and something we create to help you along your journey to financial freedom. It drops every Tuesday morning and you can always unsubscribe if you don’t dig it!
- 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 Juice Quest by Scofflaw 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!
