Jill on Money Radio Show: Financial Checkup and Bitcoin
Adding a baby to the mix sure seems like a good enough reason to call Aunt Jill and get a status check on your current financial situation. All I’m going to say is that with a new baby, the estate planning better be taken care of!
As is the norm, we’ll also be answering a handful of emails in hour one, this the last show of February! And so begins the beginning of the end of Q1. Got it?
In hour two we’re doing a deep dive on bitcoin. This ran recently on the podcast but we figured we better run it right away on the radio show before bitcoin either tanks or hits 100k.
So we're joined once again by Dan Roberts, senior writer at Yahoo Finance and a total crypto geek who has been covering the wild ride from the beginning.
Bitcoin (BTC) started 2020 at $7,200. It ended the year at nearly $30,000, up 296%.
The surge continued full-steam into 2021. It took bitcoin 10 years in existence to reach $20,000 on most exchanges, on Dec. 15.
Then it took just 17 days to reach $30,000.Bitcoin broke through $30,000 for the first time on Jan. 2, then climbed to $32,000 just hours later. On Jan. 5, it broke $35,000, and on Jan. 7, it hit $40,000. Now it seems to be hitting $50,000 or higher on a regular basis.
Crazy, right? Before you decide to dip your toes in the bitcoin waters, please do yourself a favor and first listen to this episode with Dan.
Have a money question? Email me here.
"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.