What Should I Do First With My Money?

Remember PEMDAS from math class? Yeah, neither do we, it’s the order of operations for solving math problems. It has something to do with parentheses and subtraction. Today, we are solving a different math problem: your financial plan. Joe and OG share the order of operations for your own financial plan. Not sure where to start? We’ve got you covered. In the middle of your plan and stuck on where to go next? Great! We have the next steps for you.

In our headline, we talk about ETFs and their exploding popularity. How do they differ from mutual funds and which is a better option? We dive in. Then we help answer Julia’s question about co-signing a loan for a family member.

Enjoy!

Our Headline

• ETFs take center stage in 2021 (Investment News)

Our TikTok Minute

Joe and OG

We’re mixing it up today and Joe and OG take the center stage to talk about financial planning. They discuss how to get started with a financial plan.

Doug’s Trivia

• The United States bought about 828,000 square miles of land from France that went from the Mississippi River west to the Rocky Mountains, and from the Gulf of Mexico up to the Canadian border, known as the Louisiana purchase. The question is, for the land that created all or part of 15 states, how much did Thomas Jefferson pay?

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• Julia is considering co-signing a loan with a family member and wants to know how it will impact her own credit report and score.

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Written by: Brooke Miller

Miss our last show? Listen here: Is the Long Game Always Your Best Saving and Investing Approach?