Time for a Friday Flight- our little sampling of the week’s financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil them down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: the new most affordable cell phone plan, holiday spending (with a plan), reprobate returns, 401k millionaires, miserable millionaires, specious savings, HELOC piggy banks, election spending sprees, more shrinkflation, dumb dorm insurance, and AirPod Pro hearing aids.
Additional links:
- Holiday Spending: Trust us, the holiday’s are WAY cheaper if you have a plan in place for holiday spending. If you need to have conversations with your family about spending limits for gifts, start those chats ASAP!
- Geo-Arbitrage: We covered this topic a lot with NomadicMatt on Episode 361. Worth a listen if you love to travel!
- Cheap travel: And here’s our master list of tricks and tips to save money on travel. The more you save, the more trips you can go on!
- Money Gears: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.
- Community: Join a thriving community of fellow money in the HTM Facebook group. Also don’t forget to sign up for the weekly HTM newsletter. It’s fun, free, & practical.
- 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 cash back offer! Just toggle the sliders and you’ll know which card to consider.
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. Have an awesome weekend!
Best friends out!
In this episode, you talk about voting in the presidential election. It is mentioned that your vote doesn’t really count and also that it’s going to basically come down to seven states and again it was said that your vote doesn’t really count. I have been a listener of your podcast podcast for years and also subscribe to your newsletter. These comments about voting are horrible. Our right to vote is a fundamental right and every vote does count. It doesn’t matter if you are Republican or Democrat or how you feel about politics, the right to vote is extremely important and everyone should be encouraged to exercise their right to vote in this country.
Good point, L. What we said was poorly worded. We’re fans of voting! I’m thankful we live in a free country where we have a say over the people who run our institutions. Our goal in that exchange was to encourage folks to focus more on what they CAN control than obsess about what they can’t. And as one listener said in the How To Money Facebook group, our presidential vote might not have much influence in big chunks of the country, but our vote in other state and local races can be crucial. Even so, I’ll be voting no matter what. But I also won’t pay too much attention to the political discourse or put too much weight on the outcome.