Beginner Finance Questions! Pt. 2

Beginner Finance Questions! Pt. 2

In this week's From Paychecks to Purpose episode, I continue answering beginner personal finance questions with my friend, Pink! In Pt. 2, we discuss beginner-level considerations for real estate, as she is just beginning to think about it from an investment perspective. From primary residences to rental real estate, hopefully this will give a primer on how to think about it. In Pt. 1 linked below, we discussed 401ks, asset allocation, and whether to buy individual stocks. Disclaimer: This is a conversation between friends for entertainment purposes only, and is not financial advice. Part 1: https://open.spotify.com/episode/6FAaWMXCZv2eCokwQGP90h?si=bFOKnG4iQHy9uoAhqkPGvw Rent vs. Buy Calculation: Home Price / 12 months of rent Ratio of 15 or lower: consider buying if it makes sense Ratio of 21 or higher: it is cheaper to rent and invest the difference Ratio 16-20: a gray area where neither is dramatically better than the other Rent vs. Buy Article: https://moneywithkatie.com/when-the-math-supports-buying-your-primary-residence-instead-of-renting/

Beginner Finance Questions! Pt. 1

In this week's episode, I get to chat with my friend Pink about her beginner personal finance questions! In Part 1, we discuss 401k's, asset allocation, and buying/selling stocks (should you buy or sell individual stocks?). In Part 2, we will actually be going through beginner questions about real estate and rent vs. buy. Many of these questions are ones everyone has. Hopefully you or someone you know will get something out of this episode. As a disclaimer, this is not financial advice. It's is a conversation between friends that is for entertainment purposes only.

Japan & Korea on Points & Miles

In this week’s episode, I return to my normal format and discuss some updates to my Japan/Korea trip plans and lessons learned from this complex points booking (and rebooking). I also discuss booking a Ryokan (a traditional Japanese hotel) for my stay in Kyoto and that general process. Tune in for more! For media of the week, I highlight Andrew Xu, a Youtuber who leadFIREd 3-5 yrs ago, as well as the NBA finals series. Andrew Xu: https://youtu.be/QcFSWLVdhxg?si=WnJqMqO5ynm4bfJ2 Paychecks to Purpose with EverydayFI's Meghan: https://open.spotify.com/episode/5EJ4bm2998q8lxGxJSCPjY?si=oVvppDt6R8mu5txaBY74KA Travel Hacking 101: https://open.spotify.com/episode/3q7emKcY3HndMqoJNyxhO0?si=yFkWI-sxT9ajlsL8xT58UA

Paychecks to Purpose: EverydayFI's Meghan Pt 2

In this week's episode, I continue my 2-part conversation with Meghan from EverydayFI on going From Paychecks to Purpose. In Part 2, we round out our discussion on going from paychecks to purpose in our careers, and then we talk more broadly about how we define and live a good life. We also briefly discuss our mutual interest in the Money with Katie and Diabolical Lies podcasts. Part 1: https://open.spotify.com/episode/5EJ4bm2998q8lxGxJSCPjY?si=w_50mJH-QyuxAfxv9Mb8nw EverydayFI: https://open.spotify.com/show/0FihxuhxKG9j4xBChlsLtj?si=b65308b20b444134

Paychecks to Purpose: EverydayFI's Meghan

This week's episode is part 1 of a new Paychecks to Purpose series with Meghan of the EverydayFI podcast. In this series (initially kicked off with Aubrey Williams last year), I have 2-way conversations with people on the FIRE journey. We discuss going from paychecks to purpose in our careers, as well as how we define and live a good life. In this episode, we discuss our respective childhoods and how our career journeys have evolved, partially using the Job Phases framework (I defined this a while back to help think through different types of jobs you can have in your career). Tune in next week for part 2, where we'll round out the career section and talk about how we live a good life. EverydayFI Podcast: https://open.spotify.com/show/0FihxuhxKG9j4xBChlsLtj?si=05617f7d4a4d4068 Job Phases Episode: https://open.spotify.com/episode/6yZh0c9QFT96Xy9LeRHkDn?si=n14zH28FSFeE4JSBIjl-0w Previous Paychecks to Purpose Series (ft. Aubrey Williams): https://open.spotify.com/episode/6LcmkQcBDyh0LNWaBKS9DG?si=l9GXft69RwOyCZZj3rwDpQ