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How to Money

Ask HTM - Becoming a Single Income Household, Higher Costs in a Big City, and Long-Term Care Insurance #184

How to Money

iHeartPodcasts

Education, Investing, Business

4.63.2K Ratings

🗓️ 6 April 2020

⏱️ 46 minutes

🧾️ Download transcript

Summary

We’re kicking off the week by answering your questions! And if you have a question for us, we’d love for you to submit your own via HowToMoney.com/ask/

1 - What steps can be taken in order to prepare to become a single income household?

2 - In addition to maxing out my Roth IRA, what else should I do if I want to save and invest more?

3 - What are your thoughts on long-term care insurance?

4 - As a newly married couple, how do we budget on a variable income?

5 - What changes should I expect to see in my expenses as I’m moving from a very small town to a very large city?

During this episode we enjoyed a Green by Treehouse Brewing- thanks to Bryan and Caitlin for donating this one to the show! And as we ramp up the podcast with an additional Friday episode every week, we could really use your help to spread the word- let friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to spread the word to get more people doing smart things with their money in these difficult times!

Best friends out!

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Transcript

Click on a timestamp to play from that location

0:00.0

The thing that I most nosy about is other people's finances.

0:03.3

I just want to ask people how much money do you make and what have you figured out about money that the rest of us haven't?

0:08.8

I might allow and this is other people's pockets.

0:11.8

The show where I ask people about their money because salary transparency is important and because we can all learn something from other people's financial mistakes and money hacks.

0:20.6

Other people's pockets is a co-production of pushkin industries and little everywhere.

0:24.7

Listen to other people's pockets on the iHeartRadio app Apple Podcasts or wherever you get your podcasts.

0:30.0

Hi, I'm Frances Frye and I'm Ann Morris and we are the hosts of a new TED podcast called Fixable.

0:35.7

We've helped leaders at some of the world's most competitive companies solve all kinds of problems.

0:41.2

On our show we'll pull back the curtain and give you the type of honest, unfiltered advice we usually reserve for top executives.

0:48.3

Give us a call and we'll help you solve the problems you're stuck on.

0:51.3

Listen to Fixable on the iHeartRadio app on Apple Podcasts or wherever you get your podcasts.

1:01.2

Check out the your Financial Maven Podcast where we need to change the way we think about money, our understanding of it and the effects.

1:08.5

I'm Samantha Mittman-Bessnov, CPA and I have spent over 25 years in the accounting field.

1:13.7

The your Financial Maven Podcast will touch on things like saving and budgeting and really anything around money

1:19.6

to help you feel financially empowered. Listen to the your Financial Maven Podcast on the iHeartRadio app

1:25.7

Apple Podcasts or wherever you get your podcasts.

1:30.2

Welcome to Hadamuni, I'm Joel and I am Matt and today we are answering your listener questions.

1:43.7

We are taking our usual five questions on our Ask Hadamuni episode today even with the current economic craziness that's going on.

2:01.7

A lot of the personal finance principles that we talk about every week they still hold true and a lot of the questions we're getting still reflect that.

2:08.5

So we're going to cover the potential for increased cost if you're going to live in a big city and we're going to cover long-term care insurance as well which is one of those topics that we haven't really touched before but I am excited to talk about it in this format me to man for sure you know any time answering listen to questions and we know that we're hopefully helping somebody out.

2:26.9

Makes me happy it's fun but Matt before we get to that I think something else that might be able to help people out is just a quick tip so my family.

2:36.3

All went down with streps stay away from me do just just this week there was a massive infection floating through our household I was the loan survivor and so far so far that's right are you taking preemptive medicine does that work should be I don't know who does I don't know which you consult a medical professional.

...

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