Ask HTM - Expensive Family Vacations, Making Extra Mortgage Payments, & Forfeiting Credit Card Rewards #640

We’re kicking off the week by answering listener questions! And if you have a question that you’d like for us to answer on the show, we’d love for you to submit your own via HowToMoney.com/ask , send us your voice memo. Regardless of how random or bizarre you might think it is, we want to hear it!   1 - My family vacations are getting too expensive and I’m not sure I can attend- what should I do? 2 - As an 11 year old, how should I save or spend $2,000 that I have in my bank account? 3 - What is the most optimal way to make extra payments and pay off my mortgage early? 4 - Am I paying off my credit card too soon in order to receive the points and rewards? 5 - How much money do I need to have invested in order to retire?   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile. Don’t be cheap and forego getting a life insurance policy. Compare rates with Policygenius.   During this episode we enjoyed a Double Coud IPA by New Park Brewing- thanks for donating this one to the pod Matthieu! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.