This week on the podcast we’re answering your questions! 1 – Should I close a credit card that has a $40 annual fee? 2 – As a minor with my first job, where should I save and invest my money? 3 – How do I get my spouse on board using one of the budgeting apps? And with those apps are there any security concerns? 4 – I have a chunk of money that I plan to live off of in the coming years- where should I put it? 5 – Should I consider financing a car in order to keep my credit score high?
And if you have a question for us, we’d love for you to submit your own via HowToMoney.com/ask/
Additional Resources:
- Joel’s article on the best credit cards for how you spend.
- Here’s that article stating that your emergency fund should be at least $2500.
- CapitalOne has a good savings account for kids and Fidelity is attractive to minors since they have no minimum balances required to get started investing.
- If you’re looking to take budgeting by the horns, then check out YNAB (You Need A Budget) to make quick work of planning your monthly spending.
During this episode we enjoyed a Chance IPA by Wild Leap Brew Co which you can learn all about on Untappd! And if you enjoyed this episode, be sure to subscribe and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to spread the word to get more people doing smart things with their money!
Best friends out!
