DR 125: A Podcast Listener Interviews . . . Me

doughroller-podcast

It was bound to happen sooner or later. It started with an innocent email from a listener of the Dough Roller Money Podcast. They asked if I would dedicate a show to talking about . . . me. For better or worse, they wanted to know about the guy behind the mic. Do that triggered […]

Published or Updated: November 17, 2014

Review of Future Advisor–A Tool to Automate Your Investments

Future Advisors Asset Allocation

Over the past few years several new companies have built tools to help automate investments.  Called robo-advisors, these companies take several different approaches to help simplify investing.  One of these companies is called Future Advisor.  In this review, we’ll look at how Future Advisor works, how much it costs, and how it can help you become […]

Published or Updated: November 11, 2014

DR 124: Where Do People Keep Their Emergency Fund?

Emergency Fund

Where do people stash their cash for emergencies? That’s the question I asked more than 18,000 subscribers to the weekly Dough Roller newsletter. The common wisdom is to keep emergency funds in an FDIC insured bank account, preferably one that pays a high yield. But with interest rates at historic lows, are people taking on […]

Published or Updated: November 12, 2014

DR 123: Interview with Joshua Sheats, CFP, of Radical Personal Finance

Joshua Sheats of Radical Personal Finance

I met Joshua Sheats earlier this year at a blogger conference. In the span of 30 minutes we talked about everything from budgeting to investing to careers to podcasting. A certified financial planner, among other things, Joshua spent many years in the business. Recently, he hung up his calculator and started a podcast full time […]

Published or Updated: November 6, 2014

DR 122: Good Debt vs. Bad Debt

Good debt vs bad debt

A lot has been written about good debt vs bad debt. As the names suggest, the idea is to avoid bad debt and embrace, at least to a point, good debt. But what do these terms really mean, and how can they help us make sound financial decisions? Like so many financial rules of thumbs, […]

Published or Updated: November 6, 2014

And the Most Popular Budgeting Software Is . . .

Popular Budgeting Software

Last Saturday I asked a question in the weekly newsletter that goes to more than 18,000 beautiful people (join here–it’s free and worth every penny). The question: What software or tool do you use to track your spending? The number and variety of responses was just amazing. Some of the results, as you’ll see, were […]

Published or Updated: November 3, 2014

DR 121: Which Retirement Accounts Should You Withdraw From First?

How To Draw Down Your Retirement Accounts-735x1102-PT

Imagine you’ve worked hard and saved for retirement. You have assets in taxable accounts, traditional retirement accounts, and Roth retirement accounts. When you retire, which accounts should you withdraw from first? That’s the question I posed to Stuart Ritter of T. Rowe Price. In the interview that follows, Stuart does a great job of discussing […]

Published or Updated: October 31, 2014

DR 120: Should You Save for Retirement or a Home?

Good debt vs bad debt

Prioritizing financial goals is one of the hardest things to do.  And it comes into play in so many different ways. How much would you save for an emergency fund while you’re paying off all your debt? Which debt should you pay off first? Should you pay off all your debt before saving for retirement? […]

Published or Updated: November 1, 2014

401k and IRA Contribution and Deduction Limits for 2014 & 2015

401k & IRA Limits

The IRS recently released the new 2015 401k and IRA contribution and deduction limits. While 401k limits had remained flat since the last increase in 2012, they are going up again in 2015.  401k and catch-up contribution limits are all increasing.  Limits for IRA contributions, however, are not going up. Here are the detals. 401(k) […]

Published or Updated: October 31, 2014