Ask HTM - Acorns Accounts vs Student Loans, Investing For a Wedding, & Babies on the Cheap #466
How to Money
iHeartPodcasts
4.6 • 3.2K Ratings
🗓️ 24 January 2022
⏱️ 49 minutes
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Summary
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 - Should I continue investing in my Acorns account or pay off my student loans?
2 - Where should I invest money for a wedding?
3 - Does it make sense to deduct depreciation on real estate, even when the IRS recaptures that depreciation when I sell that property?
4 - How do I go about converting a non-deductible traditional IRA to a Roth IRA?
5 - As I have a little one on the way, can you share some of your money saving baby hacks?
During this episode we enjoyed a Hatch Me Outside by Crosstown Brewing - a big thanks to Ben for donating this delicious craft beer to the podcast! 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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Transcript
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| 0:00.0 | Welcome to Hadamani. I'm Joel and I am Matt. |
| 0:03.2 | And today we're answering your listener questions. |
| 0:24.8 | You know I was about to introduce this episode as if our listeners were kind of like pin pals, |
| 0:28.4 | who we write to, except for instead of writing, we send audiograms back and forth, |
| 0:33.9 | except that you go, it's an ongoing relationship and this is kind of like a more of like a one time thing. |
| 0:38.8 | That's right. Although you can submit more questions if you want, I guess, right? |
| 0:41.7 | Like some listeners actually. Some listeners who we've actually heard from a decent bit. |
| 0:46.6 | You know it's funny, I feel bad that we're not able to get to every single one of those. |
| 0:49.6 | I do. I wish we could get to all of them. I feel like we get to to a big chunk of them. |
| 0:52.8 | We get to most of them. But yeah, I can't get to every single one. I will say. |
| 0:55.6 | Did you ever have a pin pal though before you move on? As a kid. I think in elementary school, |
| 0:59.4 | maybe there were some sort of where we all required to have a pin pal. I think so. |
| 1:02.7 | Like I feel like we were. Is that a thing these days? I don't even know. Although we actually do |
| 1:06.7 | one of the nonprofits we support is helping a family in South America. And we do have like a |
| 1:11.6 | pin pal relationship. Yeah, you're right letters. Which is really cool for the girls to experience. |
| 1:15.2 | I like I love that. All right. Sorry. I didn't want to. You were going to say something. |
| 1:18.4 | I was just going to say that one of one of our mutual friends, he texted me after our last |
| 1:22.0 | listener questions episode. And he said, I was so impressed by the variety of people that reach |
| 1:28.0 | out to the show. It's just that they are all different ages. They live in all sorts of different |
| 1:31.6 | parts of the country. And I was I had to like sit back and think like, yeah, the our listeners |
| 1:38.1 | are from all sorts of different walks of life. And it's true. Some live in New York City and some |
| 1:42.2 | live in like the States ago. Yeah, New Mexico. Like and some live in Australia or Ireland, whatever. |
... |
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