Jill on Money with Jill Schlesinger

Combining Finances With My Partner

Dec 24, 2024

Explore strategies to combine finances after a big move and job change. A couple discusses their aspirations for homeownership while weighing the benefits of a VA loan. The conversation dives into critical personal finance topics, including retirement savings and managing student debt. Patience and strategic decision-making are emphasized as they navigate financial goals together. The fun twist? Seasonal holiday cheer makes an appearance, reminding listeners of the importance of planning for both now and the future.

24:08

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Quick takeaways

Potential real estate investment opportunities arise from high interest rates lowering property prices, but require careful timing and assessment of financial readiness.

Balancing debt reduction, particularly student loans, with contributions to retirement accounts is crucial for sustainable financial health in partnerships.

Deep dives

Current Real Estate Market Conditions

High interest rates have significantly impacted the real estate market, resulting in falling prices and a variety of properties being available at discounted rates. This creates a potential opportunity for investors like Fundrise, which aims to expand its flagship fund's real estate portfolio during this downturn. With properties priced lower, investors could see a chance to strategically acquire assets that might appreciate when the market stabilizes. The strategy of 'buy low, sell high' not only highlights the essential principles of real estate investment but also underscores the importance of timing in market cycles.