How to Money Friday Flight - Pricey Porch Pumpkins, Twitter for Trading, & Saving for a Spouse #1038
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Sep 19, 2025 This week's financial roundup features topics that blend fun with practicality. Discover the rise of pricey porch pumpkins and the implications of recent rate cuts on mortgages. The discussion touches on trends like job-hugging and the tax-free tip exclusion. There's a cautionary take on Gen Z raiding their 401(k)s for debt relief and the strategic decisions couples face to keep low mortgage rates. Plus, the podcast delves into the pros and cons of relying on AI for investment advice, ensuring you kick off your weekend financially informed!
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Rate Cut Effects Are Gradual
- A quarter-point Fed rate cut doesn't instantly reshape all borrowing costs or mortgage rates.
- The market reacts quickly but lending costs and housing impacts can take months to fully filter through.
Neighbor's Pumpkin Decorating Side Hustle
- Joel learned his neighbor's daughter runs a porch pumpkin decorating side business charging up to $1,300.
- He was surprised people would pay that much to have someone arrange pumpkins on their porch.
Don't Rely On Last Decade's Returns
- Avoid recency bias by not assuming the last decade's high returns will persist indefinitely.
- Keep contributing to retirement now because compounding rewards continued participation early on.
