How to Money cover image

Ask HTM - Acorns to Jumpstart Investing, Seasoning a Cash Gift, & Social Security Running Out #1027

How to Money

00:00

Navigating Car Purchases and Home Buying

This chapter explores the financial considerations of purchasing a car with gifted funds and the impact on credit scores. The hosts discuss the differences between financing vehicles and homes, emphasizing the benefits of cash purchases to avoid debt. They also address the complexities of down payment decisions for home buyers amid fluctuating housing markets, highlighting the importance of saving for larger down payments to avoid costly mortgage insurance.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app