In this chapter, the speakers address a listener's financial concerns regarding a substantial gift and the best use of funds after purchasing a new car. They provide practical investment strategies and emphasize the importance of planning for future expenses, highlighting concepts like the 'rule of 72' for understanding investment growth. The discussion also touches on cross-border investment considerations and the impact of currency stability on retirement savings.
#533: Kristin is floored by the 60 percent increase in her homeowner’s insurance this year. Should she cancel the policy and self-insure instead?
Susana and her husband are torn. They bought their dream home last year but now need to relocate indefinitely. What should they do with the house?
An anonymous caller wants to help his soon-to-be wife invest a five-figure gift she received in another country. How do they untangle the complexities of managing money from abroad?
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/episode533
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