619-Empathy and Personal Responsibility When Living Paycheck-to-Paycheck: Interview with the Cheap Bohemian
In Episode 616, I argued the point that if missing one paycheck is a problem for you, you're behaving stupidly. My guest on today's show took umbrage with my commentary on Twitter. So invited her on to discuss!
Enjoy,
Joshua
- Here's @CheapBohemian's Twitter thread: https://twitter.com/cheapbohemian/status/1084581032375001089
617-Friday Q&A: Giving Money to Poor People, Contributing My Salary to my Wife's 401(k), Protecting Investment Accounts, Buying Term Life Insurance while FI, etc!
1:45 - How can I give nice gift to people who are poorer than I am without creating a power imbalance?
15:20 - Can I contribute my salary into a 401(k) plan for my wife in order to maximize our retirement account contributions?
28:05 - How can I protect my non-qualified investment accounts that are exposed to the claims of creditors?
44:30 - I don't "need" term life insurance because I'm financially independent. Should I still buy some?
51:00 - I'm following Dave Ramsey's baby steps and am almost out of debt; should I store up my emergency fund in a Roth IRA?
56:00 - I want to buy an investment that will pay for my new car instead of just burning all my cash on the car. How do I do that?
(For the context of any time-relevant comments relating to current events, this Q&A was recorded on 12/19/2018.)
616-If Missing One Paycheck is a Problem For You, You're Behaving Stupidly
Stop behaving stupidly with your money.
- NPR story: https://www.npr.org/2019/01/09/683519210/air-travelers-and-workers-may-feel-government-shutdown-effects
- SNL: Don't buy stuff you can't afford: https://youtu.be/Qb8hTzUoI54
555-Good, Cheap, and Fast! (A Travel Story)
I'm very happy to be podcasting to you today from the road! We have officially hit the road and are on our trip.
The last two weeks have been a tiring blur. Our tow vehicle was stolen 5 days before we were scheduled to leave on our full-time RV trip!
In today's show, I share a bit of the story with you as well as my own philosophy on how to negotiate the Good/Cheap/Fast triangle.
Enjoy!
Joshua
481-Where Should I Keep My Emergency Fund?
I was inspired to do this show by watching a recent conversation thread in the RPF Facebook Group about where to store your emergency fund.
I thought it'd be fun to share with you the things I think about with regard to emergency fund storage.
Enjoy the show!
Joshua
