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!
- Is it worth paying $5,500 for a real estate investing course?
- Given the two options, should I choose a lifetime pension or an employer-provided 401a with match?
- How do I ensure that my younger kids don’t receive their inheritance all at once, were I to unexpectedly pass?
- Should I use the money saved from the 100 Envelope Challenge to pay debt, save, or to invest?
Additional links:
- Real estate investing – Check out these related posts…
- How to Buy a Rental Property. This overview guide explains all the steps involved and some gotcha’s to watch out for when picking up your first rental!
- How to Start House Hacking. This strategy combines buying a house to live in with kicking off your real estate investing journey!
- Pros and Cons of Real Estate investing. You might find that rental properties are not the best fit for you, and that’s OK! You can build tremendous wealth in life without real estate.
- Coach Carson Podcast. Our good friend Chad Carson is an awesome coach to learn about real estate from. Check out his podcast, books, and follow his socials for free!
- 401k vs. 401a? – Here’s the difference and a bit more on 401a plans.
- Life Insurance – Here’s our guide to buying a life insurance policy that’s affordable and won’t rip you off. Remember only buy TERM life insurance!
- Savings Challenges – A few challenges for your to try…
- 100 Envelope Savings Challenge: Save ~$5k in just a few months!!
- 52 weeks saving challenge: This one takes a full year, but an awesome way to save tiny bits of money that really add up to a lot in 52 weeks!
- Money gears – Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.
- Community – Another place to ask your money questions and get responses from the mind hive is the HTM Facebook group page. Check it out!
- 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 Barrel-Aged Old Rasputin XXVI by North Coast 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!
