PODCAST · education
Money’s No Object with Dylan Howell- Podcast
by Money's No Object with Dylan Howell
Money's No Object (MNO) is a Youtube Channel and Podcast that teaches about personal finance, investing, the economy, and other money-related topics. The show is hosted by Dylan Howell.
Episodes
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SHOULD I REALLY BE DIVERSIFYING? A Common Concept That May Be Lacking - MNO EPISODE 485
As investors, certain concepts just come with territory. One of which that is always touted as an investing must is diversification. Diversifying your portfolio is something that everyone says you should do, but there are mixed reviews when you hear the opinions of successful investors like Mark...
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CASH IS TRASH OR CASH IS KING? What Role Should Cash Play In Your Finances? - MNO EPISODE 484
Don't we all want to have some cash in our bank accounts? Don't we all want money in our pockets? SHOULD WE? I want to lay out the arguments for you as to why "Cash is Trash" and "Cash Is King" are huge sayings in the personal finance world. It seems strange that anyone would ever suggest that…
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FINANCIAL TARDINESS IS AN ISSUE: Start Early & Stay On Track! - MNO EPISODE 483
Managing your finances can be daunting. This can be especially true when you have spend years doing things that may hurt you financially, just to realize as much and attempt to turn the ship around later. I want to encourage you, though, that starting late in getting your finances in order is far...
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BREAKING ALL THE RULES: Money Management Is No Perfect Science - MNO EPISODE 482
I don't want this show to be all about rules and legalism when it comes to your money. Of course I believe that there is an efficient path to financial freedom that we can all try to follow, but I do think that there are times when deviating from that path is appropriate. Today, I look to give…
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STOCK MARKET MONDAY (06/06/2022): High-Yield Investing - MNO EPISODE 481
I talk a lot about investing in stocks, but I do not spend a lot of time discussing specific stock investing strategies/avenues that can be used for different needs of the investor. One type of stock investing that you can partake in is high-yield stock investing. This has everything to do with...
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THE BEST WAY TO PAY OFF DEBT: How To Dig Out Of Your Financial Hole - MNO EPISODE 480
Paying off debt is definitely the most difficult part of the Financial Action Plan that I have made for you all. When doing so, you need to have a method that is effective and will allow you to be motivated about and confident in your ability to pay off all your debt in a timely fashion. In order...
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OVERSPENDING AND UNDER PRESSURE: Ease Your Burden By Controlling Your Spending - MNO EPISODE 479
Without question, Americans have a debt problem, but that debt problem stems from a much bigger problem: a spending problem. We are either apathetic to the amount of money that we do spend, or we just don't care because we want all the things that money can buy us. This can keep us struggling to...
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NO DEBT, MORE OPTIONS: The More You Have, The More You Can Do - MNO EPISODE 478
There are certain times in your financial life that you seem to have turned the corner into a new ballgame. One of those times, which is maybe the most significant, is when you finally get out of all consumer debt. This is a time to be celebrated, but it leaves you with many options as to what…
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DROWNING IN DEBT? Let's Fix It! - MNO EPISODE 477
The last way that I want you to feel, when it comes to money, is hopeless. Sadly, this is how many young people feel. They feel as if they are drowning in the debt that they have taken on. The good news is that you can do something to make your financial life better, but you have to make the…
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STOCK MARKET MONDAY (05/30/2022): Using The Stock Market Correctly - MNO EPISODE 476
I believe in using the stock market to grow my wealth. It has long been a proven way to make returns. The problem that can arise with many taking this same view is that they take all of their money and put it in the stock market to grow. This is especially the case when rates of return on stable...
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THE MARKET HAS NO EMOTIONS: Investing Is Not What It Seems - MNO EPISODE 475
Whether you know a lot about investing or not, it is likely that you have a bunch of pre-conceived notions about investing. Some of these ideas are right, but you would be surprised how many of them miss the mark completely. I want us to identify places in our ideology that we have missed the…
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KNOW WHAT YOU OWN: Making Good Financial Decisions Requires SOME Knowledge - MNO EPISODE 474
Would you buy something off of the shelves of a store if you didn't know what it was? OF COURSE NOT! Then why do people find themselves investing their money in things that they don't know what they are? Doesn't make sense. This is one of the many reasons that I believe it to be vitally important...
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INEQUALITY IN THE STOCK MARKET: Get In On The Ownership! - MNO EPISODE 473
If you are interested in seeing wealth inequality at its greatest, look no further than the stock market. Stocks are, far and away, held more by the top 1% of wealthy individuals than the rest of us. This angers some people and makes others call for taxation of wealth, but it is something that…
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SELLING DURING A SELL-OFF: Going From Bad To Worse - MNO EPISODE 472
Investing is not all rainbows and sunshine. There are bad days, and occasionally, there are some REALLY bad days. When bad days do occur, you need to know how to act. It is easy to be an investor when everything that you own keeps going up in value, but what happens when your portfolio gets…
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STOCK MARKET MONDAY (05/23/2022): Should You Sell? - MNO EPISODE 471
I don't want you to think that I am some hypocrite when it comes to what I teach you about investing. For the vast majority of investors, selling stocks right now would be a TERRIBLE idea, but there are exceptions to every rule and there are definitely situations where selling stocks may be...
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BUDGETING FOR THE NEXT GENERATION: How Kids Should Learn To Budget - MNO EPISODE 470
Something that would be financially helpful to us all would be to know how to consistently live on less than we make. Truthfully, though, the people who are able to do that are those who PLAN to do it. You don't accidentally save money. You save money because you planned to save money. This is…
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TRICKS TO MAXIMIZE YOUR FINANCES: Budget Hacks - MNO EPISODE 469
One of the key tenants of a healthy financial life is budgeting your money each and every month, uniquely. The problem is that many people find this arduous and just don't do this simplest of tasks. Some people may not want to look their mistakes in the face, but failing to plan is planning to...
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WHY YOU CHOOSE NOT TO BUDGET: Excuses Are Budget Killers - MNO EPISODE 468
One thing that I cannot stand is people making excuses for not doing things that you should be doing. Everyone wants to find some reason or loophole as to why they are special and do not have to abide by the same rules as everyone else. I constantly hear this sentiment that budgeting isn't...
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FIXED INCOMES IN AN ERA OF INFLATION: Budgeting Amid Rising Prices - MNO EPISODE 467
When people plan for retirement, they typically think of their expenses as a static number and their income as fixed. Incomes may be fixed, but expenses NEVER say the same when it comes to retirement. There is a big factor called inflation that increases the costs of goods and services over time....
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STOCK MARKET MONDAY (05/16/2022): Just Keep Buying!!! - MNO EPISODE 466
The stock market is bumpy, to say the least, right now. Bumpy markets mean that you NEED a plan, and you NEED to keep buying to average your cost down in your investments. Bear markets and/or corrections leave us all feeling uneasy, but that doesn't mean that we should change our game plan. They...
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THE FED RAISED RATES AGAIN...SO WHAT? - MNO EPISODE 465
(Episode 465 Re-Run) Sometimes it is hard to understand why certain things are occurring economically, and it is especially difficult to know why your mortgage rates is what it is, your savings account is paying you so little, and your bond investments decreased in value. This can all be...
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AVERAGE RETURNS DON'T TELL THE STORY: The Stock Market's "Normal" Is Abnormality - MNO EPISODE 464
We commonly hear the long-term average returns of the stock market. What we don't think about, though, is that MOST years DO NOT follow close to the averages. This doesn't just apply to the stock market returns but also to the bond market, inflation, and stock valuations. These short-term...
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INFLATION CAN RUIN RETIREMENT: Why Withdrawal & Inflation Matter In Retirement - MNO EPISODE 463
When it comes to the money that you pull from your nest egg in retirement, the question is always when and how much you should be taking off each week/month/year. Though I have talked about this before, one factor that needs to be taken into account when it comes to retirement withdrawal rates is...
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WILL INFLATION EVER SLOW DOWN? Reviewing Inflation Before Wednesday's Announcement - MNO EPISODE 462
Aren't you tired of turning on the news or financial channels and hearing about inflation every day? Some of you may be hearing about it, but you may have very little understanding about what is being said about inflation and the economy. I want to help you clear that up with all the basics about...
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STOCK MARKET MONDAY (05/02/2022): Crashes - MNO EPISODE 461
(Episode 67 Rerun) Ladies & gentlemen, it is election day, and what is more fitting than to talk about stock market crashes on election day? Many people are worried that the outcome of the election will lead to a lot of hurt in the stock market, and we have seen the market flounder leading into...
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LET'S PLAY THE LOTTERY! Our Gambling Problem Must Be Addressed! - MNO EPISODE 460
When too many Americans think about investing it is synonymous with gambling. Investing and gambling are DIFFERENT! In this episode, I spend time talking about the sparse chance we have of winning the lottery and how that compares to the chance of making money when investing. I also prescribe…
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ADULT KIDS HURTING THEIR PARENTS' FINANCES: We All Need Boundaries Financially - MNO EPISODE 459
Young adults failing to leave the nest is a pervasive problem in our society. Don't get me wrong, there is nothing wrong with supporting your adult children, financially or otherwise, but such support can often come at a cost to the progress and development of your adult children. As selfish as…
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HOW CONFIDENT ARE YOU ABOUT RETIREMENT? Survey On America's Retirement Confidence - MNO EPISODE 458
Even though anecdotes can be useful in making your case about something, I like to stick with the data. This episode dives into the survey data about the retirement confidence of Americans. I believe that there is a lot that we can learn from this information and we can be better equipped to...
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BUFFETT & MUNGER DON'T HOLD THEIR TONGUES: Berkshire's Leaders Don't Lack Opinions - MNO EPISODE 457
There are few people more influential in the world of finance than Warren Buffett & Charlie Munger. I can't wait for this time every year when they have the Berkshire Hathaway annual shareholder meeting and they get to answer questions from their shareholders. The questions they get can be very...
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STOCK MARKET MONDAY (05/02/2022): Surviving A Correction - MNO EPISODE 456
No one likes when the stock market is going down, and I am no different. That said, in a market correction like we currently find ourselves, it is important to keep a cool head and invest with your logic, not your feelings. Today is all about the history of corrections in the U.S. stock market,...
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SOCIAL SECURITY IS NOT A RETIREMENT PLAN: Your Retirement Is Your Responsibility - MNO EPISODE 455
For multiple generations now, retirees have looked forward to the time when they could take their social security payments and retire. Social security is not only underwhelming in amount, but it is also lackluster in its rate of return on your money and ability to pass the money on to your heirs....
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IS INDEX INVESTING YOUR BEST OPTION? Direct Indexing May Be The Future - MNO EPISODE 454
You all know that I love to talk about investing, and one of the primary parts of my investment strategy is buying index funds. Many people do this for the efficiency and simplicity, but is there actually a better way to index? I don't know about better, but there is another that high-net-worth...
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EVERYONE NEEDS A GOOD ESTATE PLAN: The Type Of Planning Everyone Puts Off - MNO EPISODE 453
It is crazy to me how rare it is for people to have estate planning documents in place, as simple as the last will and testament. Estate planning documents play a vital role in protecting your finances over the long-term. Creating a unique estate plan is something that EVERY adult should do, and…
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AN EFFECTIVE FINANCIAL PLAN: Why The Financial Action Plan Is Valid - MNO EPISODE 452
I think it is fitting for us to rehash the reason that I am here in the first place and the things that I am trying to get you to do to WIN in your financial life. The financial action plan is nothing fancy, new, or ridiculously wild, but it WILL help you win with money over the long-term. I want...
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STOCK MARKET MONDAY (04/25/2022): Types of Stocks - MNO EPISODE 451
Stocks are a great tool by which we can build wealth. This said, there are several different categories that stocks can be split into, all of which we should know. These different types of stocks can help us to diversify our portfolios properly and take away any unnecessary risks that we may be...
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WOMEN ARE WINNING WITH INVESTMENTS: Why Men Are Underperforming - MNO EPISODE 450
In a world where the differences between men and women have been minimized, it is interesting to see a disparity arise in the male-dominated field of finance. Women are, on average, outperforming men when it comes to their investment performance. There are few explanations that hold water, other...
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WHY TARGET DATE FUNDS FALL SHORT: The Downsides To Even The Simplest Investments - MNO EPISODE 449
I don't write-off ANY investments, but I want to make clear to everyone that ALL investments have their upsides and downsides. I felt compelled, today, to bring to light specific situations where target date funds are not optimal for investment. These funds typically make things as simple as...
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INVESTING ENOUGH INCOME FOR RETIREMENT: Is There A Magic Amount To Invest? - MNO EPISODE 448
One of the biggest questions that people ask about their investing life is whether or not they are investing enough. Enough is a strange concept because it differs for us all. I talk about investing 15% of your income, but that is simply a catch-all for what works for most people. There are some...
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FINANCIAL LITERACY STARTS AT HOME: Teaching Kids How To Manage Money - MNO EPISODE 447
Often, we say that schools should be teaching personal finance and useful real world skills. The problem with this is that we fail to take into account one of the biggest catalysts when it comes to personal finance education: parents. Parents tend to shape much of what children become and...
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STOCK MARKET MONDAY (04/18/2022): Elon's Twitter Bid & Inflation Runs Rampant - MNO EPISODE 446
I can't talk about the last week in financial markets without talking about Elon Musk's bid for Twitter and what is going on on that front. Other than that obvious topic, inflation came in hot again on all fronts, so addressing those high values is important for future stock market actions. I…
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TAKING LESS RISK IN THE STOCK MARKET: How Bonds Become RISKIER Than Stocks - MNO EPISODE 445
It is amazing what investing over the long-term can do for your life. Not only is it necessary to meet most of your financial goals, it can also lead to a flip in the risk/return relationship that people attribute to financial assets like stocks and bonds. I am not saying that bonds are never...
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THE ART OF PICKING STOCKS: Are Single Stocks Really The Best Path? - MNO EPISODE 444
Is it just me, or does everyone think that they are good enough stock-pickers to do it as a primary part of their investing process? Buying individual stocks is not for the faint of heart, nor is it for those who are not willing to put in the time to understand companies and the ways they can...
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STOCK MARKET INDICES: What Are These Benchmarks & Why Do They Matter? - MNO EPISODE 443
I am sure that you have all heard of them before. They are touted on the nightly news and have historically been viewed as benchmarks for the health of our economy. A stock market index, though, is much more than that. These Big 3 indexes all track different things and do so in different ways.…
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EARLY RETIREMENT MARKET CORRECTIONS: How To Navigate A Negative Market - MNO EPISODE 442
We all hate when the stock market drops by any significant amount. That is not a logical position to take as a young investor, but as one toward the end of the road, a market pullback can be the difference between retiring in style and barely hanging on in retirement. Losses to your portfolio…
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STOCK MARKET MONDAY (04/11/2022): What Is The Stock Market? - MNO EPISODE 441
What I want to cover with you all today is what the stock market is. This is something that most take for granted, but if you don't understand what the stock market is, you have no business putting any money into it. When we can better understand stocks, funds, stock exchanges, and all the stock...
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THE ADJUSTABLE-RATE MORTGAGE: Is This A Viable Option With Rising Rates? - MNO EPISODE 440
The adjustable-rate mortgage has lived in infamy since the great financial crisis. This financial product has it's fair share of benefits, but it also has a great number of negative characteristics that make it potentially harmful to those looking to take out a mortgage. I for one do not think…
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PRIORITIZING RETIREMENT INVESTING: What Financial Topics Are On Americans' Minds? - MNO EPISODE 439
Too few Americans put investing for their retirement atop their list of financial priorities. Yes, they may be prioritizing saving or paying down debt, but with so many people lacking in their retirement savings, it has to be moved up the list in things that must be done for the average American....
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LIVING PAYCHECK-TO-PAYCHECK: Living Below Your Means Regardless Of Your Income - MNO EPISODE 438
Believe it or not, living paycheck-to-paycheck is NOT indicative of your income. Though it is a factor, and an important one at that, when it comes to having margin in your budget you have to take heed to both your income and expenses. I want us all to have margin so that we can save, invest, and...
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MAXING OUT THE 401(k): Investing Early Or Investing Often? - MNO EPISODE 437
I know that not many people have the income to be maxing out their 401(k)s or IRAs for that matter. This said, what you will learn in this video applies if you actually max out your accounts or not. The question at hand is if you should max out your investments early in the year or average in...
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STOCK MARKET MONDAY (04/04/2022): Stocks Bounce, Housing Tops, & Yields Invert - MNO EPISODE 436
This is the first of many Stock Market Mondays that I do for you guys. This week, I cover: -Record corporate profits -The impact of the Fed increasing interest rates -Stocks bouncing back from the correction -The inversion of the yield curve -Housing prices increasing at a record rate -Why war...
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ABOUT THIS SHOW
Money's No Object (MNO) is a Youtube Channel and Podcast that teaches about personal finance, investing, the economy, and other money-related topics. The show is hosted by Dylan Howell.
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Money's No Object with Dylan Howell
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