Time for our Friday Flight! These episodes are a sampling of the week’s financial news and the impact on your personal finances. There are a lot of headlines out there, but we distill it down to specific takeaways that will allow you to kick off the weekend informed and help you to continue to make smart money moves. In this episode we cover some relevant and helpful stories like: the IRS backlog continues, free goods from Amazon, bullwhip effect leading to sales on the horizon, imposter syndrome taking a bite out of your wallet, salary transparency on the rise, the role of gig work in your financial life, zoomers are all about that cash, the best hysa interest rate, rising interest rates hurting your house purchasing power, rental bidding wars, & costly cookouts.
- Taxes – The ‘Where’s My Refund’ tool on the IRS site.
- Extra cash – And regardless of where you are on the path to financial independence, we believe in the responsible use of credit cards. It’s smart to utilize the additional benefits that credit cards offer- for instance the 60,000 points that come with the Chase Sapphire Preferred Card. That’s $750 when you redeem through Chase Ultimate Rewards! This is no joke- I’ve already done this myself which we discussed on a recent episode after I met the initial spending requirements of $4,000 over 3 months!
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Best friends out!
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