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Category: Beyond Basics

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Mega Backdoor Roth: What Is It and When To Use It

As the name implies, the Mega Backdoor Roth strategy is a way to build a very large amount of tax-free…

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How To Pay Off High-Interest Debt

High-interest debt is very harmful to your financial life, and the magic of compounding interest can work against you just…

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How To Choose the Right Online Bank for You

A place to live. Food. Water. A banking relationship. What do all of these things have in common? You can’t…

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5 Great Ways To Earn Extra Money on the Side

Chances are, especially if you are early on in your financial journey, you could use a little extra jingle in…

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Does It Ever Make Sense To Break the Money Guy Rules?

Rules are made to be broken, right? In the case of our Money Guy rules that is absolutely not the…

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How To Invest for Retirement the Right Way

Our Financial Order of Operations lays out what to do with every dollar, including when to pay off debt, when…

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Why Forecasting the Future of Inflation (and Interest Rates) Is So Difficult

We are not in the business of making predictions at The Money Guy Show. In fact, if you’ve watched or…

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7 Lessons I Learned From Buying My First House

There is no replacement for hands-on experience. You can read all you want to about Roth IRAs, 401(k)s, starting your…

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Why Are Credit Card Interest Rates So High?

Average interest rates on credit card accounts assessed interest last year rose to a record high of 22.75%. If you…

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My Experience Using You Need a Budget (YNAB)

Popular personal finance app Mint was shut down in 2024. Here Money Guy reviews YNAB, aka "You Need a Budget"…

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