Heather Jacks has done it all. She’s created a new job to work for Howard Shultz, facilitated wine and bourbon tastings, ferried pigs for a guy, lived in the outback, and slept full-time in a bus named Bubba. Also? She writes travel stories for Fodor’s and other outlets, while also keeping a blog. ….and she’s modeled. ..and she’s been a teacher. …and….the list goes on, but we’re excited today to talk to her about how she’s found a way to put together diverse skills and barter her way across the USA. Think you don’t have enough money to travel? She’ll share tricks she’s used and stories from the road on today’s wide-ranging (to put it mildly) discussion.
LOTS of people are having debt forgiven because of COVID-19, but some are in store for a surprise. We’ll share who’s showing up with their hand out when you write down debt during our headlines segment. Also, the new Social Security cost of living increase has been announced, and….it’s not pretty. We’ll talk inflation, the stock market, and setting up your investments to win.
Of course we’ll also throw out the Haven Life line to a lucky listener and leave some time for Doug to share some of his mind-bending trivia. Enjoy!
Today’s Headlines:
- Social Security COLA ticks down as older adults brace for impact (Financial-Planning)
- Debt Canceled by the Coronavirus? Be Ready for a Bigger Tax Bill
Heather Jacks
A big thanks to Heather Jacks for talking with us today! You can always catch up on Heather’s latest adventure at her site: TravelsWithBubba.com.
Make sure to check out Heather’s Instagram:
Doug’s Trivia
- Which day of the week is actually the worst for workplace productivity?
- Addy asks: should she get a 401k loan rather than PMI? She already has 15% of her down payment, and she’ll have no problem paying back the loan. Should she take the cash?
Want the guys to answer your question? You can call into the Haven Life Line and get your question answered on-air HERE.
Join Us Wednesday!
We’ll be joined by JL Collins, author of The Simple Path To Wealth
Written by: Richie Rutter-Reese
OK, I love the show, but got a little behind on my pods because of, you know, politics. Anyway, I was walking around West Seattle during my second lunch break, listening to the October 19th episode, when I heard Tom’s question on the Haven Life Line. When I checked the Show Notes above, the question was from Addy, not Tom. Weird. Did you change the caller because you were embarrassed by your answer? Anyway, the other listener probably already wrote in to alert you, but I think you missed the point of Tom’s call. Tom asked about Value “Investing” versus Dollar-Cost Averaging. OG gave a great explanation about the difference between growth investing versus value investing, and noted that Tom could Dollar-Cost Average with either strategy. However, I think Tom was actually asking about Value “Averaging” versus Dollar-Cost Averaging, two strategies that are occasionally discussed together. I hope you consider answering Tom’s question and maybe sending him a link for a second t-shirt. He can use it to wipe the sweat from his brow after running some fartleks.
It’s also entirely possible that I missed the boat on Tom’s intent, but I think my explanation makes more sense. Anyway, I doubt you’ll read this comment on air, but, if you do, I don’t want you to hurt yourself trying to say my name. You can call me VC from Seattle. See ya!
You read my email on the 12/7 pod! I made my wife and kid listen over dinner, and they agreed, I’m a NEEERRRRD. Anyway, I note that you didn’t exactly cop to misunderstanding Tom’s question (and, no, I’m not Tom – it’s not even close to Vikash), but I thought you guys gave a pretty strong explanation of Value Averaging. Thanks for taking the time. See ya!
It was a fun addition. I’m glad you wrote because I think you were right on…