Ask HTM - Switching Banks for an Extra 1%, How Much to Spend on a Car, & A Primary Residence to Investment Property Conundrum #754

We’re kicking off the week by answering your listener questions! And if you have a question that you’d like for us to answer on the show, we’d love for you to submit your own via HowToMoney.com/ask , send us your voice memo. Regardless of how random or bizarre you might think it is, we want to hear it!

1 - With Mint shutting down, do y’all have any recommendations for new budgeting software?

2 - Should I convert my primary residence into an investment property as I’m moving out of town?

3 - As a contract worker, what are the benefits of opening a solo 401k in order to achieve my investing goals?

4 - How much should I spend on a new car and what’s a good strategy for saving up for it?

5 - Is it worth switching banks for an extra 1% in interest?

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• Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.

During this episode we enjoyed a Green City by Other Half Brewing- a big thanks to Jason for sending this one our way! 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!

Best friends out!

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