HELOCs vs Home Equity Loans: What They are and How They Differ Ep 33

HELOCs vs Home Equity Loans: What They are and How They Differ Ep 33

Tap into your home equity wisely. In this Good Money Moves podcast episode we compare HELOCs and home equity loans so you can choose the right tool for projects, debt consolidation, or big life expenses. Learn how a HELOC draw period works, why payments can change, and when a fixed home equity loan’s set payment is better. We cover fees, approval factors (income, credit, equity), common terms to read closely, and how to avoid re-spending after consolidating debt.

How to Use A CD to Grow Your Savings Ep 32

In this Good Money Moves episode, we explain how certificates of deposit (CDs) work, when a CD beats a savings account, and how to choose terms without locking up too much cash. You will learn early-withdrawal penalties in plain English, insured deposits, how interest is paid, and how to build a simple CD ladder for goals like taxes, travel, or a down payment. We also cover auto-renewal, grace periods, and how much to keep in your emergency fund vs. a CD.

Should You Rent or Buy? A Simple Checklist to Decide Ep 31

In this episode of Good Money Moves, Jenna sits down with Nick Meeker, our Real Estate Lending Manager, to tackle the pivotal question many young adults face: should you keep renting, or is it time to buy a home? Together Jenna and Nick explore common misconceptions about down payments and discuss the importance of having a safety net for unexpected costs that come with homeownership. Nick shares insights on the pros and cons of renting versus buying, emphasizing the need for a well-structured budget and the impact of credit scores on your options. Join us for this informative discussion that aims to empower you to make sound financial decisions as you navigate your journey to homeownership. Tune in and stay financially empowered!

First Paycheck Playbook: Pay Yourself First, Automate Savings, Build an Emergency Fund Ep 30

In this Good Money Moves episode, we set up your very first paycheck so saving happens automatically and your bills stay on time. You will learn what pay yourself first really means, how to pick a starting percent, and an easy 50-30-20 split. We cover direct deposit splits, recurring transfers, round up savings, goal buckets for birthdays and trips, and a practical emergency fund target with a 90-day step-up plan. We also explain how to read your pay stub, W-4 basics, handling student loans in your first budget, and when 401(k), Roth IRA, HSA or FSA contributions make sense. Takeaways include: • Automate savings on payday with direct deposit splits • Build an emergency fund without stalling your life • Use goal sub-accounts and round up savings to stay on track • Turn on banking alerts and autopay the right bills first

What is a Money Market Account? E29

In this episode of Good Money Moves, join Jenna Taubel, as she sits down with CFO, Jake Dorsh, to explore the ins and outs of money market accounts. Together Jenna and Jake break down what these accounts are, how they function, and the advantages they offer over traditional savings and checking accounts. Jake shares insights on interest rates, withdrawal limits, and the importance of maintaining a minimum balance. They also discuss when a money market account might be the right choice for your financial goals, especially as a tool for emergency savings or specific future expenses. If you're looking to better understand how money market accounts can work for you, this episode is packed with valuable information. Tune in to empower your financial journey!