1) Make you think about what kind of credit cards you want in your life.

2) Learn a little about the importance of a credit card in your credit score (which relates to mortgages, car loans, etc.)

3) Show you that money mistakes are ok.

Enjoy the video and let me know what types of credit cards you use and would recommend in the comments below!

[If you can't view click here to go to the video page]

[:25] –  Why I’m showing you my credit cards.

[:53] –  Card #1: Harris Bank, opened in 2007. This card’s a little underwhelming.

[1:22] – Why credit cards are important to your credit score.

[1:53] -  Card #2: Discover Card, opened in 2008. Too many rewards and options.

[2:46] - Card #3: Charles Schwab Invest First, opened in 2009. 2% back across the board.

[3:30] - Why I like cash back instead of a rewards card.

Don’t forget to tell us what credit cards you have, love, and hate in the comments below. Help out the readers who are looking for a card!

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Since I’ve been traveling a little bit more than usual within Japan, I posted a video about my favorite travel hacking personal finance tip that I think people tons of people could use in their lives to save hundreds of dollars every year: simply traveling with a water bottle.

Enjoy and feel free to share your favorite travel hacking money tips in the comments!

[If you can't view the video, click here to go to the page]

[:18] –  My favorite travel companion: the water bottle.

[:30] –  Savings of $250/year by avoiding buying drinks.

[1:00] –  I saved over $25 in 1 weekend in Osaka thanks to my water bottle.

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Sometimes we overlook the fact that a lot of people who are attempting to jumpstart their finances aren’t aware of the financial accounts they should have.

In the video below I introduce a simple way to visualize the important financial accounts for your life.

It’s called the Financial Family Tree and in 5 quick bullet points you’ll better understand what accounts you should have, what to look for when shopping around for an account, and why they’re so vital.

This is only my second video, so let me know what you like and dislike about the video in the comments below!

[If you can't view the video, click here to go to the page]

[:21] –  What accounts should you have?

[:39] –  The Financial Family Tree

[1:02] -  Father: the checking account

[1:45] -  Mother: the online savings account

[2:35] - Daughter: retirement accounts like 401ks and IRAs

[3:15] - Son: taxable investing accounts

[3:53] – Pets: credit cards

[5:00] – Choose simple and efficient accounts and you’re finances will be ready to grow.

Which accounts do you think are necessary for people who are just starting off with their money?

Once again, I’m new to the video format so let me know what you think by leaving a comment below!

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This is my first video on FF and it’s a simple introduction to Roths. We’ll explore what a Roth is, why everyone should have one, hosting options, and some personal stuff you should consider before opening your Roth.

If you have some time, please leave a comment below to let me know what you think of the video post.

Enjoy!

[If you can't view the video, click here to go to the page]

[:20] -  Who needs a Roth IRA?

[:30] -  Contribution and withdrawal specifics

[1:16] -  What do you invest in?

[1:45] -  How much can you invest each year in a Roth?

[2:14] - Where to host your Roth?

[2:30] - Easiest option for Roth: Target Date Retirement Fund

[3:45] – Important things to consider before opening a Roth

[4:54] – Last day to invest in a Roth for 2009: April 15th, 2010

Here are the companies I mentioned for hosting your Roth:

Mutual Fund Companies

Fidelity

Vanguard

T. Rowe Price

Discount Brokerages

Sharebuilder

E-Trade

Scottrade

Like I mentioned in the video, the earlier you open a Roth and start investing yearly, the more money you’ll have when you retire because you’ll take advantage of compound interest.

Check out this post for a detailed look at why it’s so important to start young and how a 25 year old who starts early and invests just $1 per day can come out with over $100,000: Your Money Wants to Give You More Money: A Look at Compound Interest

Feel free to leave a comment below!

Did I miss any important details? Have any questions?

Last, did you guys like the video format? What could I improve on? Would you like to see more video posts?

Thanks and get to opening up your Roth!

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