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04.19.23 Payment App Violation / Housing Market Update & Best Time To Buy

The Clark Howard Podcast

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How to Avoid Having Your Emergency Fund Disqualify You From Financial Aid

Don McDonald: Put your emergency fund in a Roth IRA to avoid disqualifying them from financial aid on the FAFSA. You're allowed to put aside $6,500 each year into a Roth IRA unless you're 50 and over this extra thousand. Coming up next, we have a lot of first-time home buyers who are just overwhelmed by what's going on with mortgage rates. Do it really matter at this time or any other time when in a year you buy a home? It turns out it does.

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