DR 147: 10 Ways to Invest $10,000

Money Crush

A few weeks ago in the Dough Roller weekly newsletter I asked the following question: “What would you do if you came into $10,000?” I received a lot of answers.  What surprised me about the responses were how similar they were.  The varied in the specific details of how people would spend $10,000, but they shared […]

Published or Updated: January 8, 2015

DR 144: 6 Keys to Setting Financial Priorities

Financial Goals

Choosing between competing financial priorities is one of the hardest things to do in all of personal finance. Over the years I’ve received countless email from readers asking variations of the same thing related to financial goals. Should you pay off all of your debts before you begin investing? Should you fully fund your retirement […]

Published or Updated: January 6, 2015

DR 141-6 Reasons to Pay Cash for a Car (and how to actually do it)

Pay Cash for Cars

Financing a car is almost an automatic step. With the cost of the average car in the neighborhood of $32,000, very few people pay cash for a car. Yet this is just one of many times we shouldn’t go with the flow. There are plenty of reasons to pay cash for car, as well as […]

Published or Updated: December 29, 2014

DR 140: The Best of 2014

Best of 2014

It’s instructive and even inspiring to look back over the last year to see how you’ve lived. Reflecting on the good times and bad help us learn, grow and improve. So I was grateful to receive this email from a reader named Neil: Are you going to do a Best of 2014 show? I know […]

Published or Updated: December 27, 2014

DR 135: How a Single Mom of Three is Achieving Financial Freedom–Interview with Christa Miller

Christa Miller

Imagine going to college while raising a young child. Imaging graduating from school with more than $200,000 in student loans. Imagine starting a new career as a single mom raising three children. Imagine tackling more than $15,000 in credit card debt. I give you Christa Miller. In today’s podcast she shares her story. We talk […]

Published or Updated: December 9, 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

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