Episode 27: How We Handle Money in Our Household

Episode 27: How We Handle Money in Our Household

Work Your Wealth
Work Your Wealth
Episode 27: How We Handle Money in Our Household
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HOW DO YOU HANDLY MONEY IN YOUR HOUSEHOLD?

One of the fun parts of being a financial planner is getting to field and answer questions from clients and readers all around the country. In these Work Your Wealth episodes I’ll be taking time to address and answer questions I’ve come across from readers and clients throughout my career. Today I’m answering the above question.

WHAT YOU’LL LEARN FROM THIS EPISODE:

  • How often to check on your net worth. What’s reasonable, and what we do in our house.
  • Where to invest your emergency fund
  • The categories we have bank accounts for and how we use them
  • Options available for retirement savings when you’re employed or when you’re an entrepreneur
  • How a Solo 401(k) vs. a SEP IRA can help you as an entrepreneur
  • How we track spending in our house and what works
  • How we manage credit cards
  • An appropriate level of communication to have with your spouse around money.

LINKS MENTIONED ON THE SHOW:

LET’S CONNECT!

ENJOY THE SHOW?

Episode 26: How to Pay off $147,000 in Debt with Jackie Beck

Episode 26: How to Pay off $147,000 in Debt with Jackie Beck

Work Your Wealth
Work Your Wealth
Episode 26: How to Pay off $147,000 in Debt with Jackie Beck
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This week I sat down with debt freedom expert, Jackie Beck.

Jackie Beck is the creator of the app store hit Pay Off Debt, an app thats helped more than 46,000 people use a debt snowball to break free from debt. She and her husband paid off over $147,000 in debt, including their house.

HERE’S WHAT YOU’LL LEARN FROM THIS EPISODE:

  • How Jackie paid off $147,000 of debt
  • What the debt snowball is
  • What a realistic timeline is to pay off debt
  • Where to start when you’re feeling burdened by your debt
  • Why you need to get out of a borrowing mentality to stay out of debt
  • How creativity can help with paying off debt
  • How to save while you’re paying off debt and if you need to
  • Lifestyle changes you can expect from living a debt free life

LINKS WE MENTIONED ON THE SHOW:

GET SOCIAL WITH JACKIE AND LET HER KNOW YOU HEARD ABOUT HER HERE!

ENJOY THE SHOW?

Episode 27: How We Handle Money in Our Household

Episode 14: How Much You Should Really be Saving and What to Know When Selecting a Credit Card

Work Your Wealth
Work Your Wealth
Episode 14: How Much You Should Really be Saving and What to Know When Selecting a Credit Card
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I’ve had the same credit card for as long as I can remember. I’m hearing a lot about rewards programs and the need to maximize my options. What should I know when I’m shopping for a credit card?

I’m in my late 30s and I feel like I’m doing okay with savings, but I’m not sure that I’m doing enough. How much should I have saved by now?

One of the fun parts of being a financial planner is getting to field and answer questions from clients and readers all around the country. In these Work Your Wealth episodes I’ll be taking time to address and answer questions I’ve come across from readers and clients throughout my career. Today I’m answering the above questions:

WHAT YOU’LL LEARN FROM THIS EPISODE:

  • How we maximize credit card rewards in our household.
  • Why your APR is and how it varies for different uses.
  • What to keep in mind when looking for the best rewards programs.
  • How your credit score can impact your APR and the credit limit available to you.
  • Why your personal situation will determine what you need to stash away.
  • Questions to ask yourself about goals and life to determine the amount you need to stash away.
  • How to tell if you’re doing enough on your own.
  • Rules of thumb to use in determining the amount you need to save.

LINKS MENTIONED ON THE SHOW:

LET’S CONNECT!

ENJOY THE SHOW?