Paula and Joe are diametrically opposed on how best to pay off debt. Paula says Melissa should make minimum payments, put money into retirement accounts. Joe: Don't throw it in the next 15 years; let's use some math. It's just that math doesn't always account for risk. And so where my brain is at is I want her to get rid of her risk before she retires.
#433: Should “Walker,” an anonymous caller, give up a cushy job to take a year-long sabbatical in Europe?
Blue wants to rent out his East Coast home, take a sabbatical from work, travel to the West Coast with his family, and start a YouTube channel and other entrepreneurial projects. How should he manage his money to make this happen?
Melissa regrets buying a house two years ago in Ft. Lauderdale. She’s poured $30,000 into repairs, all of which she borrowed. Her home-related debts have mounted. She’s over-extended. Should she cut her losses?
Former financial planner Joe Saul-Sehy and I tackle these three questions in today’s episode.
Enjoy!
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For more information, visit the show notes at https://affordanything.com/episode433
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