It’s time for a Friday Flight! These episodes are all about 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: Salesforce predicting we’ll pay 20% more on holiday spending, inflation impacting dollar stores, our Black Friday predictions, more scammers on Facebook Marketplace, the cure for high gas prices, scraping by on just $500k, Robinhood on college campuses, & stop paying for your credit score!
- At the beginning of the episode we talked about the Amazon series LulaRich. And it so happens that we have an entire episode on the broken promises of MLMs!
- We’re going to remain suspicious of Robinhood as long as they don’t offer retirement accounts. We would rather see you go with companies like Fidelity, Vanguard, and M1 Finance.
- Aside from virtually any of our credit card main dashboards, CreditScoreCard.com and Credit Karma are our favorite places to get an updated credit score. Also don’t forget that you can get a free credit report from the three bureaus every single week until April 2022. But remember to only go to AnnualCreditReport.com
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 $750 welcome offer that comes with the Chase Sapphire Preferred Card. 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!
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!
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