Listen Money Matters - Free Your Inner Financial Badass. All The Stuff You Should Know About Personal Finance.

  It’s time for five questions.  We answer questions about liquidity, building credit, paying yourself first, vacations and credit card rewards. 1.  When do you take the time and money to go on vacation?  Whenever you can!  Segment an area of your checking account that is your vacation fund and contribute weekly or monthly, just like your investment account.  Check out my article on ways to travel on the cheap.   You kind of know when you’re getting to the point of needing a vacation.  It’s the point at which everyone you encounter is your potential murder victim.  Try to feel when this is becoming an everyday feeling and plan your trip a few weeks before that.  Bail is expensive. 2.  I’ve recently taken out my first, small student loan.  I want to build credit.  To do so, is it better to pay if off according to the plan the lender set up or should I pay it faster?  If you want to build credit, don’t pay it off faster.  It will give you less on-time payments which are reported to the credit bureaus.  But d