
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.
- Also a great post on boosting your credit score over time.
- Here’s our full article on emergency funds and how much you should have in them!
- 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. Here are some other ways to budget you can also try if you’re prefer to do it manually.

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!