Smart Financial Planning for Homeownership

This chapter delves into essential financial planning for home buying, highlighting the advantages of 15-year vs. 30-year fixed mortgages. It also discusses the importance of retirement savings and establishing an emergency fund in the context of shared finances and future housing goals.

Play episode from 01:28:08

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George Kamel and Ken Coleman answer your questions and discuss:

"Can someone tell me that I need to stop trading and focus on debt repayment?"
"How can we keep the IRS from taking my grandmother's retirement funds?"
"We bought land with family. Should we build a house on it?"
"How do I attract clients for my business?"
"Should I pay off my low interest rate mortgage?"
"We are losing more in fees on our universal life policy than we put in"
"We moved in with my in-laws to save for a down payment. Was that a wise decision?"
"How do I talk to debt collectors about settling?"
"Should I sell my crypto to pay off debt?"
"How do I combine finances with my wife?"