Paula: I was operating on the assumption that he had an unstated emergency. My brain went directly to his investments. And maybe he does. Paying down the mortgage definitely buys him security. If he's not, I think he needs more liquidity is way heavy into real estate. Inflation's a reason why people are wary of keeping money in cash as you should be.
#422: Emily is saving aggressively for financial independence, but it’s hard to enjoy the present. Is it time to increase spending?
Monroe wants to stop working. Forever. Which is more important: debt payoff or investing?
Another anonymous caller and his spouse dream of building a homestead on an expensive piece of land. How much is too much to spend on housing?
Given the high costs of moving, Sarah wonders if buying a starter home is the best decision. Should she and her fiance jump straight to buying their forever home?
Former financial planner Joe Saul-Sehy and I tackle these four questions in today’s episode.
Enjoy!
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For more information, visit the show notes at https://affordanything.com/episode422
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