You Should Get Your Dad's Name Off the Title of the Car

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Luke: This does put your dad at risk. You should get his name off the title of the car. He has more assets and more income than you. So it's worthwhile providing him a little bit additional asset protection by getting his name off that title. Colleen: I have a question about recommendations for people who may not be able to live like a resident. We are doing things like not buying new cars until our current ones give out, but we don't have any loans on those. And then daycare expenses add up pretty quickly. Because of this, we really can't live like residents.

Today we answer your questions about what we are calling family finances. We tackle 529s, dependent care FSAs, what to do when you can't live like a resident, how to get your spouse involved in the finances, and roth accounts for kids. We also hear from Andrew of https://StudentLoanAdvice.com with an update on what on earth is going on with the student loan situation.

If you are finding our podcasts informative and helpful, check out our website! Since 2011 we have been working hard to provide valuable personal finance and investing information through thousands of blog posts written by an array of authors. You can find information on how to manage your student loans, fix and avoid common financial mistakes, understand your retirement accounts, optimize your investments, find professional help at a fair price, get started investing in real estate, and so much more, all at no cost to you. You can find out more about the courses we offer, the conferences we put on, the newsletters we provide, and interact with other WCI readers through our online forum. Head on over to https://www.whitecoatinvestor.com to start learning today. You can do this and The White Coat Investor can help.

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