How do you make money driving for ridesharing companies? Credit card hacking? Churning bank accounts? How do you help your family plan? What’s it like to meet with financial advisors? Today members of our community, Alan, Claudia, and Jon are kind enough to share their wisdom and experiences in all of these areas! Plus, we’ll also share an important headline about doing your homework before investing, another on helping your community, and more.
Of course, we’ll also throw out the Haven Life line to a caller with a great question about estate planning. That comes after Doug’s trivia and a few of your emails.
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Talking Real Money
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- All That Glitters Isn’t Goldman (Wall Street Journal)
- First GameStop, now gorillas. Redditors are pouring money into saving apes (CNN)
Alan Liepold: Hacking Credit Card Reward Points to $10k
- Churning bank accounts
- Credit Card Rewards
- Who SHOULDN’T do this
Claudia Gonzales: Helping Your Loved Ones Get Their Financial House In Order
- How to approach the money conversation without being awkward
- How to interview financial advisors
Nicholas Stuller shared tips on hiring the right advisor on our show here.
We featured a round table of Certified Financial Planners on what they’re thinking when completing a financial plan for you.
The CFP Board recommends asking these questions when you interview a potential advisor.
Jon Goldstein: You CAN Make Money Driving
- Making money driving for Uber or other ridesharing platforms.
- How tax planning and some testing can make driving pay well (for him, around $30/hour)
A couple of years ago we interviewed Harry Campbell, the Ride Sharing Guy, and he shared tips to make money.
Here’s the Juliet Schor interview on the sharing economy that I often quote.
- What are the income limits to be able to contribute to a Roth IRA in 2020, (the taxes you’ll file by May 15th)?
Need life insurance? You could be insured in 20 minutes or less and build your family’s safety net for the future. Use StackingBenjamins.com/HavenLife to calculate how much you need and apply.
Devin Carroll, famous host of the Social Security Intelligence YouTube Channel, stops by tomorrow to help us answer a listener question about estate planning, life insurance, and social security benefits.
We cover everything from designating the right people to handle your finances and taking care of your kids in case of the worst, to shedding some light on social security rules that could have a big impact on how much your beneficiaries are paid.
- Have a question for the show? Leave us a voicemail HERE.
Written by: Richie Rutter-Reese