How to Money

Listeners dive into the necessity of high-yield checking accounts and explore creative ways to finance vet school without incurring capital gains tax. The conversation tackles managing retirement after failed 401k testing and the value of disability insurance. There's a quirky debate about frugal versus cheap spending habits, along with amusing anecdotes about self-checkout machines. Ultimately, the hosts encourage proactive financial engagement while sharing tips on improving personal finance strategies.

This week, the hosts dive into fitness inflation and how it affects your wallet, along with clever tips for dining out without breaking the bank. They discuss the importance of life insurance laddering and why it’s a smart financial move. Discover the quirky world of budget airlines, especially Spirit Airlines, and hear a cautionary tale about the risks of high-risk trading. Plus, there's insight on the rise of small businesses and the importance of cybersecurity in protecting your identity. Tune in for a blend of humor and practical financial advice!

Join Dr. Brad Klontz, a financial psychologist and co-author of "Start Thinking Rich," alongside Adrian Brambila, a former professional dancer turned finance guru. They dive deep into the harsh truths about money, revealing how mindset shapes financial success. Discover why it's essential to eliminate toxic influences, embrace accountability, and take charge of your financial journey. With anecdotes ranging from their unique backgrounds to insights on achieving financial freedom, their candid discussion is a wake-up call for anyone looking to transform their finances.

Explore how to help a friend struggling with finances while maintaining healthy boundaries. Discover if it's time to upgrade your car after costly repairs, balancing costs and benefits. Delve into the complexities of purchasing long-term care insurance, especially for early retirees. Learn useful tips for managing banking choices and discuss the importance of empathy in financial decision-making. Plus, enjoy a unique beverage tasting that adds a fun twist to the conversation!

Dive into the world of personal finance insights with discussions on long loan terms and the implications of higher heating bills. Learn about the FTC's efforts to simplify service cancellations for consumers. Explore the rising costs of luxury goods and the allure of tattoos. Understand the challenges of car loans and the impact of AI on real estate, particularly in streamlining home buying. Plus, get practical tips on managing mortgage and utility costs amidst changing economic conditions.

In this engaging discussion, Daniel Crosby, a psychologist and Chief Behavioral Officer at Orion Advisor Solutions, delves into the essence of true wealth beyond finances. He highlights how personal fulfillment, relationships, and experiences define real richness in life. Crosby examines the balance between passion projects and profit, and how societal influences can shape our financial behaviors. He emphasizes the importance of delayed gratification and using wealth to enhance life experiences, ultimately advocating for a more holistic approach to personal finance.

Listener questions guide the discussion on savvy saving strategies, including unique methods like donating plasma for extra cash. The hosts dive into smart investment choices for a $60,000 windfall, weighing the pros and cons of dollar-cost averaging versus lump-sum investing. They also tackle the intricacies of Roth IRA conversions and the accompanying tax implications. Plus, unconventional tips for frugal living are shared, such as thrift shopping and the joys of trying rice lagers. Tune in for tips that blend finance with fun!

This week, the discussion dives into the downside of using debit cards and the tricky arbitration rules consumers face. There's a humorous take on the economics of sports, especially around the Atlanta Braves. The group critiques a new debit card that claims to improve credit scores but raises skepticism instead. Listeners also learn how job changes can mess with retirement savings and the importance of being financially prepared for insurance challenges after natural disasters. Tune in for some wise financial insights!

Scott Hodge, a tax policy expert with over 35 years of experience, dives into how taxes shape our daily lives in surprising ways. He highlights how tax policies influence everything from consumer choices to personal financial decisions. Discover the unintended consequences of tax legislation, the allure of alternative tax models like Estonia's, and the importance of reforming the U.S. tax system. Hodge reframes taxes as a powerful, albeit unseen, force guiding behavior and decision-making, turning a mundane topic into a must-listen discussion.

This podcast dives into listener questions about investing for a newborn, using a HELOC for down payments, and the tax implications of various financial moves. They explore the balance between stock investments and safer options while discussing the merits of house hacking. Tips for maximizing home repairs using credit cards are also covered. Along the way, the hosts share humorous Halloween anecdotes, blending fun with practical financial advice for both seasoned investors and those just starting out.