Episode 8 - Let's Talk Money

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IN EPISODE 8, LET’S TALK MONEY, WE TACKLE ONE OF THE INDUSTRY’S MOST DELICATE SUBJECTS. LISTEN AND LEARN ABOUT STUDENT LOANS, WAGE NEGOTIATION, AND MORE! DISCLAIMER THAT WE AREN’T FINANCIAL EXPERTS, BUT WE AIM TO SHARE THE KNOWLEDGE WE HAVE ACQUIRED OVER THE YEARS.

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EPISODE OUTLINE

1) 4:18 IS THE COST OF EDUCATION WORTH IT?

2) 7:31 Do you have advice for taking out and paying off student loans?

• 8:00 Nerdwallet article on student loans

3) 21:30 Is it worth it to buy the latest tech?

4) 26:50 Tips for saving in school

5) 31:00 How much money do people make in the animation industry?

• 36:20 The Animation Guild Wage Ranges

6) 42:00 What should you consider in addition to salary?

7) 49:05 how to negotiate

8) 1:07:42 WHAT IS THE DIFFERENCE BETWEEN CONTRACT VS. FULL TIME VS. FREELANCE?

9) 1:18:27 HOW DOES THE COST OF LIVING FACTOR IN?

10) 1:28:52 WHAT DO I DO IF I GET LAID OFF?

11) 1:33:10 TIP JAR TIP OF THE MONTH: HOTKEYS

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KATIE’S MONEY 101 TIPS

1) 1:37:11 BASICS OF BUDGETING

• 50/30/20 RULE ARTICLE

• RECOMMENDED RESOURCES:

  • BROKE MILLENNIAL BY ERIN LOWRY

  • THE MILLIONAIRE NEXT DOOR BY THOMAS J. STANLEY & WILLIAM D. DANKO

  • SO MONEY PODCAST WITH FARNOOSH TORABI

2) 1:44:40 SAVINGS VS. CHECKING ACCOUNTS

• SITES FOR COMPARING SAVINGS ACCOUNTS

  • BANKRATE

  • NERDWALLET

3) 1:48:40 WHAT IS A CREDIT SCORE?

• CREDIT SCORE OVERVIEW FROM MYFICO.COM

• RANGES:

  • 300-629: BAD

  • 630-689: FAIR

  • 690-719: GOOD

  • 720-850: EXCELLENT

• check your credit score for free on CREDIT KARMA

4) 1:54:20 CREDIT CARD BASICS

• GOOD WEBSITES TO COMPARE CREDIT CARDS:

  • CREDIT KARMA

  • NERD WALLET

  • BANK RATE

5) 1:58:25 SAVING FOR RETIREMENT

• USEFUL RETIREMENT CALCULATORS

  • NERDWALLET RETIREMENT CALCULATOR

  • BANKRATE RETIREMENT CALCULATOR

• THE POWER OF COMPOUND INTEREST, START SAVING YOUNG!

  • CNBC ARTICLE ON COMPOUND INTEREST

• NERDWALLET: WHAT IS A 401K?

• NERDWALLET: IRA (INDIVIDUAL RETIREMENT ACCOUNT) BASICS

• NERDWALLET: CD (CERTIFICATE OF DEPOSIT) BASICS

• Broke millennial takes on investing by erin lowry

• xy planning network: finding a financial adviser

5) 2:17:00 taxes

• CORRECTION: IN THE PODCAST WE SAID TAX DAY IS USUALLY APRIL 1ST BUT IT IS ACTUALLY APRIL 15TH. THIS YEAR IT HAS BEEN POSTPONED TO JULY 15TH, 2020.

• INVESTOPEDIA TAX BASICS
  

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MAYA MULE RECIPE

• 1 SHOT VODKA

• 1/2 CUP GINGER BEER

• 1/4 SHOT LIME JUICE

• ICE