Every time that I swipe my credit card, it just rounds up my purchase to the nearest dollar. It takes those remaining cents and it deposits them into an investment account. And so my acorns balance just from those little roundups is, I think maybe around eight or nine thousand right now. Joe: What we like about an app like acorns is that it removes the friction around investing because it's invisible.
#451: Rachel’s car is nearing its end of life and she’s short on cash. Should she sell before she’s hit with a major repair?
Cam wants to arbitrage a hefty low-interest loan with a three-year payback period. Is this the opportunity of a lifetime or a disaster waiting to happen?
Kris has tried all the budgeting apps but they’re cumbersome and time-consuming. Is there a better way to track his monthly expenses?
An anonymous caller feels stretched thin with a high mortgage on a single income. Should she sell off some stocks to lower her monthly payments?
Former financial planner Joe Saul-Sehy and I tackle these four questions in today’s episode.
Enjoy!
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