Rethinking Consumerism (with Elizabeth Willard Thames, AKA Mrs. Frugalwoods)

Ever wonder what it would be like to ditch the rat race and move to a farm in the country? That’s exactly what Elizabeth Thames (aka Mrs. Frugalwoods) and her husband did, after a series of events, some of which you’ll hear about on today’s show! If you’re at all interested in rethinking consumerism, today’s show is for you.

We’ll of course have headlines from the world of financial planning, throw out the Haven Life line to lucky listener Nathan, who wonders about making a house down payment. Should he go for a loan where he can put down less or save up for a full twenty percent? We also answer a letter from Rita, who asks about investing. If her 401k doesn’t have a match, where should she invest first? You’ll have to listen to find out!

Of course, we’ll still score with some of Doug’s delightful trivia, and more.

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Show Notes:

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Headlines

• Is Fidelity competing with retirement plan advisers? (Investment News)
• Meet the Guy Who Gets Financial Advisers Appearances at Harvard and West Point (WSJ)

Elizabeth Thames (Mrs. Frugalwoods!)

Check out her site: Frugalwoods.com

Say hi on Twitter: @FrugalWoods

Trying to kickstart your own frugal lifestyle? Check out the book:

Doug’s Trivia

Octavia Spencer‘s nomination for “The Shape of Water” makes her the first performer to earn three Best Supporting Actress Oscar nominations in a single decade since who did so in the 2000s?

Haven Life Line

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.

• Nathan and his wife are thinking about getting a home. Should they save for another 3-5 years to make a 20% down payment, or use a no down payment loan?

Letters

Need help with your financial plan? Use this link to schedule a meeting with OG: StackingBenjamins.com/OG

• Rita doesn’t get a company match to her 401k. How should she go about investing her money in her traditional and Roth 401k?

Join us Wednesday

The best time to learn about money and not getting debt is before you have the chance to get yourself in trouble… when you’re still a kid. Join us on Wednesday as we talk to the folks over at Biz Kids, “the place where kids learn about money and business.”