"How To Money" With Joel Larsgaard

"How To Money" With Joel Larsgaard

Listen to "How To Money" With Joel Larsgaard on Sundays from 12 PM to 2 PM.Full Bio


How To Money

E-Bike E Bike Ebike electric bike electro bicycle eco friendly

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Joel covered a lot this week, so here's a quick outline of what you need to know to get yourself on your way to financial happiness:

Couples need to have a conversation about about money. As it turns out, many couples are financially incompatible, and having a conversation could make things better and prevent financial infidelity. Around 1/3 of couples have experienced this financial infidelity. So go ahead and have that money conversation with your partner.

As things are getting more expensive, it might not be a bad idea to invest in getting an e-bike. It's a great way to get around while getting some exercise. On top of that, California is about to launch an incentive program for people to purchase e-bikes. Once the program launches, if you qualify, you can get $1,000 for a regular e-bike and $1,750 for a cargo or adaptive e-bike.

The increase of the 'Buy Now Pay Later' model is huge for consumers. But it uses a psychological trick into making people spend more money. There's a few things that can help you prevent from spending more money than you want. One of those is to have a 24 to 48 hour rule when you want to buy something. That way you can decide whether or not that thing is really important to you. Another thing that can help you decide is thinking about how long it would take to pay off that item. An easy way to do this is to use this calculator.

Money Move of the Week: This week is all about maximizing rewards from your credit card! With the caveat that you are able to handle having a credit card, you can have three credit cards and be able to reap around 90 - 95% of the benefits from them. For a detailed breakdown, check out this article. While you're at it, the How to Money website has a couple reviews for credit cards. Check out this article for a review of the Bilt Mastercard and this article for the How to Money card ratings.

Get rid of your landline! Go cell phone only! The average monthly bill for a landline is $42 a month which is around $500 a year! Which means they're both unnecessary and expensive! So what should you do? Find an inexpensive cell phone plan and go cell only. For a breakdown of some of the best, inexpensive cell phone plans, check out this article.

Don't forget to check out the 'How to Money' Newsletter and website!

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