No goal that you have exists in a vacuum, what she decides here is going to affect another goal. If she takes the money out of that brokerage account, that money was ostensibly slated for some other goal and now it's going into the house. And so then it transforms the nature of that money. It might be take the money out, but then adopt a side hustle that's going to earn X amount of money based on compounding.
#451: Rachel’s car is nearing its end of life and she’s short on cash. Should she sell before she’s hit with a major repair?
Cam wants to arbitrage a hefty low-interest loan with a three-year payback period. Is this the opportunity of a lifetime or a disaster waiting to happen?
Kris has tried all the budgeting apps but they’re cumbersome and time-consuming. Is there a better way to track his monthly expenses?
An anonymous caller feels stretched thin with a high mortgage on a single income. Should she sell off some stocks to lower her monthly payments?
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/episode451
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