Life Kit: Money - Podcast Rankings and reviews

I find the show topics really helpful. Also, being the pandemic it can be pretty lonely sometimes, but when I put this on I feel like I’m surrounded by a group of friends. I love all the hosts and the guest are usually dry interesting and really do want to help you. It makes life a little less dim. Thanks LK 💛

Great episode, but I think you may have missed one option: take the 30 year fixed instead of the 15 year fixed BUT set up up either biweekly payments instead of monthly if possible, extra annual payment, or add extra principle payments on top of the monthly payments if you can’t do biweekly. This helps build equity similar to the wealth builder loans BUT gives you payment flexibility if your financial situation changes, e.g. two income household drops to one income due to health circumstances or loss of job, etc. :-)

This is the first time I have listened to Life Kit and a good comparison of big banks, credit unions and community banks. FYI though credit unions do have tech features just as good as big banks. It might also be good to feature on another show where banks invest their money. Many people are concerned about this issue given the climate crisis.

This is an excellent podcast for someone just starting out on their journey to financial literacy. I don’t think that I got much out of it, but I’m also a little more advanced in my understanding of how money works so it’s not a dig on the show.