What's Considered "High-Interest" Debt in 2024?

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Apr 17, 2024

Exploring high-interest debts in 2024, funding Roth IRAs, mega backdoor Roth contributions, and the impact of audience support on financial education. Strategies for debt repayment and investment discussed.

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ADVICE

Messy Middle Money

Prioritize savings rate and behavior over investment allocation in the messy middle.
Focus on consistent saving and lifestyle management.

ADVICE

Financial Order and Investing

Use the financial order of operations to prioritize financial decisions.
Consider index target retirement funds from Vanguard, Fidelity, or Charles Schwab.

ADVICE

Roth IRA Funding Strategy

Lump-sum Roth IRA contributions are recommended if close to the deadline or using backdoor Roths.
Dollar-cost averaging is suitable for 2024 contributions if not facing those constraints.

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