How Not to Money with Joel Larsgaard
Easy Prey5 Maalis 2025

How Not to Money with Joel Larsgaard

Managing money isn't about numbers, it's about making informed decisions that shape your future. Whether you're a seasoned saver or just starting out on your financial journey understanding the basics of personal finance can make all the difference.

Today's guest Joel Larsgaard has been helping people take control of their finances for over 15 years. As the co-host of How To Money and a weekly radio show Joel breaks down the often confusing world of personal finance. His passion for financial literacy comes from personal experience and he's been recognized for his work including being on the Forbes Advisory Board.

In this episode we'll cover common financial mistakes, smart saving strategies and how to avoid financial pitfalls so you can make better money decisions.

Show Notes:
  • [00:53] Joel co-hosts the How To Money podcast with his best buddy Matt. It's about helping people learn how to handle their finances well.
  • [01:29] So many people are missing the information they need about money, yet it's a tool that touches every aspect of our lives.
  • [02:32] Joel's parents had money troubles. He always wanted to learn about money so he wouldn't have problems. He also worked for Clark Howard who was a consumer advocate and money guy.
  • [05:30] Everyone has different dreams and financial goals.
  • [06:29] We learn Joel's scam story. A kid sold him fake Blockbuster gift cards.
  • [08:32] Common financial traps include not saving enough and not tracking expenses and knowing where the money is going.
  • [09:15] Knowing where your money is going is the first step to finding leaks.
  • [10:38] Using credit cards and discriminately buying now and paying later is another big pitfall. A lot of people are using BNPL on top of credit cards.
  • [12:04] You have to have a plan. Know your debts, know your interest rates. Where's the Gap where you can find extra savings?
  • [13:30] Paying off your debt feels amazing.
  • [14:58] Online budgeting software can make it easier.
  • [16:00] Think of a budget as not being restricted but something that helps you accomplish what you want.
  • [18:08] Once you write it down, you're dealing with reality.
  • [20:11] The joy of spending your money proactively on what you want and cutting back on other things.
  • [21:08] Finding savings by shopping for insurance yearly.
  • [22:56] You can also save with a defensive driving course.
  • [23:41] Look at subscriptions and bundling. Sign up with deals. Keep track of when you should cancel.
  • [28:11] Bank loyalty will cost you money.
  • [29:29] There are some highly competitive online savings accounts like CIT, Discover, and Ally.
  • [31:29] Be sure the online bank you are doing business with is FDIC insured. Make sure you're dealing directly with the bank.
  • [33:30] Tips for looking for legitimate investments. Simplicity trumps most things.
  • [34:59] Building wealth slowly with average returns.
  • [42:00] There are a lot of wealth building options open for people who aren't making a lot of money.

Thanks for joining us on Easy Prey. Be sure to subscribe to our podcast on iTunes and leave a nice review.

Links and Resources:

Jaksot(321)

Art Heists

Art Heists

The world of art theft looks glamorous in the movies, but the reality is far more complicated. From multi-million dollar forgery schemes to undercover FBI operations recovering stolen national treasur...

29 Huhti 37min

The Power of Prediction

The Power of Prediction

We make predictions all the time including about the weather, about traffic, about what someone is going to say next. It feels natural, even rational. But when algorithms start making predictions abou...

22 Huhti 39min

Privacy vs Reality

Privacy vs Reality

Online security advice often sounds simple until you actually try to follow it. Between password managers, privacy settings, and data brokers, protecting yourself can start to feel like a full-time jo...

15 Huhti 58min

Wired to Trust

Wired to Trust

It's easy to think scams only work when someone misses something obvious. In reality, most of them don't look obvious at the start. They show up as normal situations with just enough friction to notic...

8 Huhti 41min

Intimate Partner Fraud

Intimate Partner Fraud

Most scams leave a digital trail. A fake email, a spoofed number, a fraudulent website. You can trace them, report them, sometimes even reverse them. But what happens when the scam has no digital trai...

1 Huhti 45min

Identity without Passwords

Identity without Passwords

Every day, employees at hotels, restaurants, and resorts across the country are doing exactly what they were hired to do: being warm, responsive, and eager to help. It's what makes hospitality work. I...

25 Maalis 38min

When Cybercrime Gets Personal

When Cybercrime Gets Personal

Most security breaches don't begin with sophisticated code or elaborate technical exploits. They begin with a phone call, a convincing email, or someone at a help desk who just wanted to be helpful. T...

18 Maalis 45min

Stopping Phone Scams

Stopping Phone Scams

Phone scams get dismissed as background noise or just annoying interruptions and unknown numbers with robotic voices we learn to ignore. But behind that noise is an industry built on psychology, autom...

11 Maalis 45min

Suosittua kategoriassa Politiikka ja uutiset

uutiscast
aikalisa
politiikan-puskaradio
rss-ootsa-kuullut-tasta
ootsa-kuullut-tasta-2
tervo-halme
rss-podme-livebox
aihe
rss-ulkopoditiikkaa
viisupodi
rss-pinnalla
the-ulkopolitist
et-sa-noin-voi-sanoo-esittaa
rss-vaalirankkurit-podcast
rss-asiastudio
radio-antro
rss-tasta-on-kyse-ivan-puopolo-verkkouutiset
otetaan-yhdet
rss-mina-ukkola
rss-polikulaari-pitka-kiekko-ja-muut-ts-podcastit