logo
episode-header-image
Jul 2024
53m 59s

Ask HTM - Utilizing Roth Contributions i...

iHeartPodcasts
About this episode

Let’s dive into the week with some fresh listener questions we have lined up for you! And don't just stand on the sidelines- if you have a question you’d like us to answer, toss your voice memo our way. It only takes about 90 seconds to record and you can find a step by step guide over at HowToMoney.com/ask . Regardless of how random or bizarre you might think it is, we want to hear it!

 

1 - What are some drawbacks of the SAVE Plan for high-income earners? (***note: we didn't mention the federal judge pause to certain aspects of the SAVE Plan as that news broke after we recorded this episode!)

2 - Is tax loss harvesting and sector specific investing enough of a benefit to pay for a financial advisor?

3 - How can I tap my Roth 401k in order to pay off some credit card debt?

4 - Does it make sense to purchase a home if it means paying less than my rent?

 

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 classic: Duchesse de Bourgogne by Brouwerij Verhaeghe! 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.

Up next
Yesterday
Scoring the Most Financial Aid for College w/ Phillip Levine #1202
The economics of higher education are pretty messed up and colleges know it. Sure, we're sometimes our own worst enemies when it comes to spending. But the pricing system itself seems almost designed to confuse: opaque, inconsistent, and nearly impossible to decode from the outsi ... Show More
55m 40s
Oct 5
Ask HTM - Getting Political, Paying for Hot Stock Tips, & Fixing an Old Toyota #1201
We’re kicking off the week by answering your 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 ... Show More
52m 52s
Oct 2
Friday Flight - Muse is Meh, Homebuying with Homies, & Commuting Costs Climb #1200
Time for a Friday Flight- our little sampling of the week’s best financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil them down to specific takeaways that will allow you to kick off the weekend informed and help you to g ... Show More
48m 21s
Recommended Episodes
Nov 2023
"I Make $460K - How Much Should I Save?"
What do we recommend as a savings rate for people with higher incomes? We'll walk you through that question and more in today's Q&A episode! Jump start your journey with our FREE financial resources Reach your goals faster with our products Take the relationship to the next ... Show More
25m 59s
Aug 2025
This One Move Could Save You Thousands on an 11% Loan (Money Q&A)
In this episode of the Personal Finance Podcast, we are going to talk about this one move could save you thousands on an 11% loan. Today we are going to answer these questions: Question 1: Should I stop overpaying my 11% loan and invest the difference instead? Question 2: How can ... Show More
38m 7s