The Financial Answer
Episodes
Thursday Oct 15, 2020
Statistics on Saving and Investing
Thursday Oct 15, 2020
Thursday Oct 15, 2020
What’s typical when it comes to saving and investing? We review a report to get the most recent statistics on things like using target date funds and making use of a Roth 401(k). How do you compare?
Read more and get additional financial resources here: https://wp.me/paIiUZ-gU
What we discuss on the show:
0:29 - Nathan shares about his latest catch.
1:50 - A recent study shows the majority of people use target date funds in their 401(k).
3:30 - What is a market cap weighted fund?
6:08 - Should you be using a Roth 401(k)?
7:53 - Should you be holding more or less company stock?
10:25 - Is it logical to take a hardship withdrawal from a 401(k) if needed?
Thursday Oct 01, 2020
Mom’s Favorite Phrases And Financial Planning
Thursday Oct 01, 2020
Thursday Oct 01, 2020
My mother used to say…to make my bed, obey my parents, and save my pennies. What other commonly used phrases by mom relates to financial advising today?
Read more and get additional financial resources here: https://wp.me/paIiUZ-gM
What we discuss on this show:
1:11 - Fun fact: Not making your bed can be safer.
3:06 - “Why? Because I said so!”
6:03 - “If you’re going to act like a child, I’ll treat you like one.”
7:55 - “If all your friends jump off a bridge, will you do it too?”
11:37 - “One day you’ll thank me.”
14:13 - What kind of financial education did you receive in school?