In The Cozy Nest Egg Podcast, we discuss the personal finance topics we write about on our websitecozynestegg.com. Please note that all content is purely educational and should not be misconstrued as personal advice.
In this episode, I discuss what it means to be financially comfortable, based on Charles Schwab’s Modern Wealth Index Survey and a poll by the Skipton Building Society. I also discuss whether it’s worthwhile for foreign nationals in the U.S. to send money back to their home country to take advantage of higher interest rates. Here is a link to the article that this podcast is based on: http://cozynestegg.com/2021/01/02/what-does-it-mean-to-be-financially-comfortable/.
In this episode, I talk about net worth and income statistics from the 2019 Survey of Consumer Finances, comparing net worth and income by income percentile, age, and homeownership status. This podcast is based on an infographic and article I created, which you can see here: http://cozynestegg.com/2020/12/28/infographic-relationship-between-net-worth-and-income/. I also answer a question about whether to prioritize saving for yourself or your child if you’re forced to make that tough choice.
This episode focuses on budgeting. I discuss how to keep track of your expenses and how to use that information to make yourself a budget. I also answer a question about cryptocurrency. If you would like to follow along with the podcast or create a budget later, you can download our template file for keeping track of your expenses at http://cozynestegg.com/2020/12/20/learn-how-to-budget-in-microsoft-excel/.