Used cars have APPRECIATED in value! This has never happened before and is a result of the upended car market that we’ve experienced over the past few years. And with this volatility comes a set of new challenges to navigate if you’re looking to buy or even sell a car. But fortunately for us we’re joined by our first anonymous guest on the podcast: Car Dealership Guy, who has blown up on Twitter thanks to his insider knowledge and consumer friendly advice on automobiles. CDG has been in the industry for years- starting out selling cars out on the lot to owning his own dealership and he’s now the go-to car market expert to help consumers understand whats going on. He has a podcast and he sends out car market insights to over 45,000 folks via his newsletter. We discuss how the car market got to where it is today, car manufacturers that are struggling the most, buying from a private seller vs online vs dealerships, how a trade-in might actually make sense, and much more today with the Car Dealership Guy.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Hop Reach IPA by Allagash. 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!See omnystudio.com/listener for privacy information.

Time for a Friday Flight- our sampling of the week’s financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil it down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: medical tourism frugal or cheap, student loan payments UNpaused, all the ways to budget, the rise of CD laddering, (not so) tiny homes, caseless crazies, all you can watch buffet, index funds vs Nvidia, and everything about cars is more expensive.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   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!See omnystudio.com/listener for privacy information.

You’ve gotta wait 30 minutes to get back in the pool if you’ve eaten! Don’t pee in the pool- it’ll turn red! There are a lot of things we learned in childhood that we’ve likely discarded as false or at least irrelevant at this point. But there are probably some things we still believe because they were ingrained in our brain at an impressionable age. Similarly, there are a lot of folks clinging to the ‘American Dream’ that they should have that house surrounded by that white picket fence, why? Well in large part because it’s the financially smart thing to do. “You’re throwing away money if you're still renting!” It’s a “money fact” lodged somewhere in the recesses of our brain that we can’t shake. We think that recency bias is leading a lot of folks astray in their quest for home ownership. And of course higher mortgage rates play a role as well. On top of that, it turns out that it’s MUCH more affordable to rent in most major metros today, but how much could you save every month? But at the end of the day, if you still want to purchase a home we have a few prerequisites that you should have checked off your financial to-do list, before you start making offers.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a It Was A Time To Believe In Anything by Burial Brewing! 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!See omnystudio.com/listener for privacy information.

We’re kicking off the week by answering 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 - After draining my savings to buy a home, what high yield accounts or software do you recommend to help replenish my emergency fund? 2 - More pay or more passion: how do you choose when considering a new job? 3 - Should I try a TikTok mortgage hack that puts my interest on pause? 4 - What steps should I take with my 18 year old to ensure he’s on the path to financial success? 5 - Does it make sense to get an indexed universal life insurance policy in order to boost my ability to invest?   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Delusional Deformities by Burial Brewing! 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!See omnystudio.com/listener for privacy information.

Time for a Friday Flight- our sampling of the week’s financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil it down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: new HSA contribution limits, inertia bias leading to wasted premiums, free tax filing on the horizon, DM to save, customer centric companies, the death of ownership, DIY repairs that can kill, password panic, more affordable vacations, & the worst time to travel.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   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!See omnystudio.com/listener for privacy information.