Ye says she may be doing a little bit of both. The idea of beating inflation, which is pretty rampant right now, is a concern. But i think where she's the aversion to debt is also a really nice thing. Bi starting off with an aversion and then working your way into debt, i think insures that you're not taking advantage of it. You know it's a small enough amount of debt that you can handle it easily.
#370: Kristen is 32, and she and her husband want to retire in less than 20 years. They make too much to contribute to a Roth IRA. Should they use back door Roth conversions to speed along their path to early retirement?
Michelle makes $190,000 and is going to switch to a career that pays $40,000 on average. To prepare for this lower salary, she's selling her current home and buying a different one. Should she pay off her new home with the proceeds from the old one? Or should she invest her profits?
Anonymous lives in a high cost-of-living area and is wondering where to keep her down payment and emergency funds. Should she use I-bonds, TIPS, or some combination of these two?
In today's episode, former financial planner Joe Saul-Sehy and I tackle these tough situations.
Enjoy!
Do you have a question on business, money, trade-offs, financial independence strategies, travel, or investing? Leave it at https://affordanything.com/voicemail and we’ll answer them in a future episode.
Learn more about your ad choices. Visit podcastchoices.com/adchoices