065R | Don’t Waste It

065R Don't waste it

College hacks, a great credit card debt hack and the importance of not wasting your advantages.

What you’ll hear in today’s show:

  • Voicemail from Chris about replacing broken items
  • Review of Monday’s episode with Mrs Frugalwoods
  • Why you shouldn’t waste your advantages
  • Voicemail from Steve about educational programs
  • The student debt loan movement happening in March
  • Voicemail from Noah about a college hack
  • Voicemail from Millionaire Educator on another college hack
  • Nicholas’ hack on optimizing credit card debt by using Balance Transfer rewards
  • Voicemail from Kelly about tax liability vs withholding
  • iTunes review and book giveaway

Links from the show:


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5 thoughts on “065R | Don’t Waste It”

  1. The discussion you had at the end about why you shouldn’t give an in interest free loan to the government was great. I did a blog post about that and it was actually one of my least read posts. Even people in the personal finance blogger community somewhat disagreed. I just don’t understand their point of view. Paying too much only to get it back next year makes no sense, and as you guys said is poor tax planning.

  2. Any chance we can get the credit card pay off strategy transcribed like you mentioned? I’d love to share with a friend!

  3. I’ve been doing the 0% transfer for years. Heard it termed the “Millionaire Shuffle” by someone else. Has saved me tens of thousands as I have been trying to pay down my debt after a financial crisis wiped out our savings and a series of unfortunate events after that took place. Have always relied on that and had my limits raised on many as well to get a higher balance to be able to transfer to one card. Did not know about the check repay to the cards though to replace debt on the same card, that is a new one for me and makes it a little easier than moving between multiple cards.

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