Inside Out Money

The holidays have evolved into a time of the year overly focused on consumerism and spending money, but we encourage you all to take back the holidays and focus on what matters the most to you! We encourage you to reconsider how you’re spending the holidays and share tactical ideas to spend less on decor and gifts going into the holiday season.   In this week’s podcast, we talk about: - How to spend less going into the holidays - How to take back the holidays to focus on what matters to you - DIY ideas for holiday gifts and decor - Alternative gift ideas - Experiences versus things - Upcycling and regifting and if it’s okay - Setting a budget and guardrails around holiday spending - Simplifying your decor to save money - The importance of making lists and avoiding impulse shopping - Coupons and cash-back or reward sites Get the full show notes, show references, and more information here: https://www.insideoutmoney.org/078-take-back-the-holidays-8-ways-to-spend-less-this-holiday-season/

Listeners dive into the art of staying motivated while tackling debt. The podcast reveals savvy strategies for managing unexpected windfalls, from smart investments to emergency fund replenishment. It tackles the worth of influencer courses and offers real alternatives for financial education. Unique challenges in blended family finances are discussed, along with valuable tips for estate planning. Plus, personal insights on transitioning to a vegan lifestyle and actionable steps toward financial freedom make for an engaging listen!

Investing often seems more complicated than needed, so we’re explaining some key terms to help you better navigate the investing and financial world more confidently. We share which ones we think matter the most and what you should focus on as an investor.  Andrew joins this week’s podcast as we talk about: - The difference between a stock and a bond and the historical performance of each - The difference between ETFs, index funds, and mutual funds - Market vs. limit orders and which one you should focus on - Why target date funds in your 401K and 529 plans aren’t ideal and what to do instead - Which brokerage firms and accounts we like the best and why - Expense ratios, Dividends, Dollar-cost averaging, and more! Get the full show notes, show references, and more information here: https://www.insideoutmoney.org/076-investing-terms-you-should-know-etfs-vs-mutual-funds-target-date-funds-expense-ratios-dividends-market-vs-limit-orders-and-more/

In the tradeoff between your time and your money, we discuss whether it’s worth it to pay for convenience, from pre-cut food at the grocery store to having your house professionally cleaned to food delivery apps. We explore whether these conveniences are worth the extra expense, and we explore the pros and cons, share personal stories, and offer tips for finding a balance between convenience and cost. Liz joins this week’s podcast as we talk about: - The tradeoff of our time versus our money - How to be thoughtful and intentional about the conveniences we pay for - The questions you should ask yourself as you consider how much you’re willing to pay for specific conveniences  - Smash or pass round of all the many potential conveniences we could pay for Get the full show notes, show references, and more information here: https://www.insideoutmoney.org/075-the-cost-of-convenience-is-it-worth-it/

Investing feels overwhelming and complicated to many people, but it doesn’t need to be. It can be simple and easy to get started. Join us for a discussion on investing that we hope will help you get started and feel better on your investing journey. Erica joins this week’s podcast as we talk about: - Why investing is more simple than many make it out to be - Why investing in low-cost, simple index funds is the answer - If ESGs are worth it - What to do when the market is down - Good books to read to help you learn more about investing Get the full show notes, show references, and more information here: https://www.insideoutmoney.org/074-an-investing-discussion-how-to-get-started-are-esgs-worth-it-what-to-do-when-the-markets-down-automating-your-investments-and-more/

Greg, a knowledgeable shopper specializing in grocery savings, shares his savvy insights on cutting costs while feeding a family of five. He emphasizes the benefits of shopping at discount stores like Aldi and Lidl for quality and affordability. The discussion includes effective meal prepping and the art of freezing foods to minimize waste. Greg also dives into unique strategies for managing grocery budgets and creatively using leftovers, all while keeping the experience enjoyable and efficient.

Liz, a savvy financial expert, dives into the world of high-yield savings accounts, revealing why they’re the smart choice for your savings. She explains how these accounts can offer up to 5.5% interest, eclipsing traditional banks. Liz discusses the safety of online banks and how they manage to pay higher rates. Listeners also learn practical tips for making the switch to a high-yield savings account and maximizing their emergency funds while avoiding common misconceptions about online banking.

This podcast tackles the ups and downs of achieving financial independence, focusing on the often boring middle phase. It emphasizes enjoying the journey over just the destination. Listeners get tips on knowing when it's time to retire and how to make friends with similar financial goals. Investment strategies tailored to personal preferences are discussed alongside the importance of financial literacy for kids. There's also advice on navigating financial conversations with friends and teens.

Discover how using what you already own can not only save you money but also benefit the environment and enhance your mental well-being. Dive into strategies for mindful consumption and creative ways to utilize food, toiletries, and cleaning supplies before buying new items. Hear personal stories about repurposing belongings, maximizing forgotten memberships, and the joy of finishing books. Plus, learn how to navigate budgeting on vacations while cleverly using leftovers. It's all about appreciating what you have!

Explore the pitfalls of whole life insurance and why it may not be your best financial choice. Discover the pros and cons of 401k loans and how credit card debt can lead to poor spending habits. Learn to avoid get-rich-quick schemes and the dangers of trying to time the market. Understand the importance of tracking expenses, maintaining an emergency fund, and recognizing lifestyle creep. This enlightening conversation emphasizes that sound financial choices lead to sustainable wealth.