How To Money with Joel Larsgaard

Welcome to KFI's BRAND NEW Sunday show, 'How To Money with Joel Larsgaard.' Tune in every Sunday 12-2pm to hear Joel talk about all things personal finance and listen live, on-demand, anytime on the iHeartRadio app. Joel's goal for the show is simple. He wants you to Save, Invest and Enjoy More of What Matters.

Check out the 'How To Money' newsletter and the website.

Stat Of The Week: This year the average American took on more than $1,549 in holiday debt, and most will take more than 6 months to pay it off so in reality it'll be even more. So how do you tackle that holiday debt?

Money Move Of The Week: Start a holiday fund NOW. $10 a week is all you need to put aside in a physical envelope or a separate bank account, but a small amount can give you everything you need by the time the holidays come around to not end up in debt after New Year.

Will a recession happen? Truth is, no one really knows and if it does, no one knows how bad it'll be. But a personal recession could happen anytime, so Joel's advice, shoot for keeping $2,467 in a savings account at all times!

Egg prices are NUTS, and higher in California than anywhere else.

There is a disturbing rise of car payments of $1000 a month or more! Rethink the way you look at a car, are you taking on a huge payment because you want to show off with a nice car or is it just something to get you from Point A to Point B. Joel's advice, If you can't afford to pay your car in cash, don't take on a huge payment each month.

Changes to retirement plans this year, what is the 'Secure Act 2.0.'?

Websites mentioned today:

• undebt.it - To help you reduce debt
• Doctor of Credit - Find the best deals for banking, credit cards and more
• Edmunds.com - Best deals for cars, both new and used

Hear the entire show below!