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!
- Should I participate in securities lending if that’s a service my brokerage is offering?
- Life insurance is on the horizon so should I get an indexed universal life plan like some friends of ours did?
- I’d like to purchase a home in the next few years… would it be beneficial to apply for a new Apple card?
- Does it make more sense to repair or replace an old Cadillac that’s due for some repairs?
- Should I keep the fancy portfolio that Bloom, now defunct, created for me or is there a better option?
Additional Links:
- Phones – In this episode we mentioned the modular phone originally by Phonebloks, but you can also check out the SHIFTphone8 by shift or the more sustainable Fairphone 5.
- 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!
- 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!
- 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 Doom Volume by The Veil! 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!
