Let’s kick off 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!
- Where should I open a Roth IRA for my kiddo now that she’s earning some money?
- What is it about reverse mortgages that makes them inferior financial products?
- Given the uncertain economic outlook this year, how should I invest?
- How can my wife contribute to a retirement account when she doesn’t have any earned income?
- Is it a problem that I’m keeping my emergency fund in a local brick and mortar in order to have fast access to cash?
Additional Links:
- 401k – We recommend using Capitalize to roll over your old 401k for free!
- CIT Bank – Here’s the bank we use and love! No fees, no minimum balance requirements, and an awesome HYSA interest rate for your cash!
- Money Gears – Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here
- Cheap cell plans – Massively reduce your cell phone bill each month by switching to a discount provider like US Mobile.
- Community – Join a thriving community of fellow money nerds in the HTM Facebook group
- 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 DDH Refreshing by Tired Hands 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!
