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!
- What steps should I take if I’m interested in buying a multi family home to house hack?
- Should I drop an indexed universal life insurance policy that my wife and I hold?
- How can I make the most of student loan forgiveness with Public Service Loan Forgiveness?
- Are credit card benefits worth the additional charges that some businesses are sticking customers with?
Additional links:
- Credit Cards: Here’s a couple posts you’ll want to check out if you’re interested in earning CC rewards. Remember the rewards will never be worth it if you don’t pay your bill off (in full!) every single month:
- Insurance: Our post on How to buy life insurance covers the different types of insurance available, and which ones are good vs. evil 😈
- Forgiveness: If you’re employed by the government or a non profit, you could be eligible for PSLF. Here’s the PSLF Employer Search Tool to check if you are eligible!
- Money Gears: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.
- 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 an Anything Different From Yesterday by Burial. 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!
Hey How To Money, something to note about your credit card vs cash discussion that you already alluded to at the end. New York State has in recent years put it into law that businesses are not actually allowed to charge a credit card surcharge fee, but rather have to offer a cash discount and advertise all prices as the credit card price. So the trends in the industry has already started to lead to legislation around this and has been encouraging businesses to incentive and to not alienate some of their customer base. Unfortunately though, in my experience, there are many many businesses that do not follow this rule and guidelines, (more often they don’t rather than they do) but the NYS Department of Consumerism allows you to report these business and get a refund for any credit card surcharges that you may incur. Thank you for this episode and the discussion! This one a lot of great insightful, listener questions that ready makes you think and challenges some of the typical rules of thumb.