Ask HTM - Breaking Bad Budgets, Higher Returns By Investing In A Side Hustle, & WTD About A State Pension #526

We’re kicking off the week by answering listener questions! And if you have a question that you’d like for us to answer on the show, we’d love for you to submit your own via HowToMoney.com/ask , send us your voice memo. Regardless of how random or bizarre you might think it is, we want to hear it!

 

1 - How detailed should we get with our monthly budget - should we break out individual items on receipts?

2 - What kind of pre-tax-post-tax balance should I strike when contributing to retirement accounts?

3 - Should I seek higher returns by investing more into my side business?

4 - For my retirement - should I continue building up towards my state pension or switch to a 401k with a match?

5 - Is it a good idea to tap equity in my current home for a down payment on an investment property?

 

During this episode we enjoyed a Taras Boulba by Brasserie De La Senne! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!

 

Best friends out!

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