Blue wants to take a sabbatical from his job in Washington, D.C., and start some entrepreneurial ventures along the way. He has set up an Airbnb business that he hopes will generate about $5,000 a month. Blue is also hoping to pursue starting a YouTube channel with interests such as bike riding, traveling and local food movements or farming. "I'm sure we could make some kind of analogy about asset accumulation versus asset preservation," says John Sutter.
#433: Should “Walker,” an anonymous caller, give up a cushy job to take a year-long sabbatical in Europe?
Blue wants to rent out his East Coast home, take a sabbatical from work, travel to the West Coast with his family, and start a YouTube channel and other entrepreneurial projects. How should he manage his money to make this happen?
Melissa regrets buying a house two years ago in Ft. Lauderdale. She’s poured $30,000 into repairs, all of which she borrowed. Her home-related debts have mounted. She’s over-extended. Should she cut her losses?
Former financial planner Joe Saul-Sehy and I tackle these three questions in today’s episode.
Enjoy!
P.S. Got a question? Leave it here.
For more information, visit the show notes at https://affordanything.com/episode433
Learn more about your ad choices. Visit podcastchoices.com/adchoices