It's Quarantine Day 10, and thank goodness I've been staying in, because yesterday I learned that I have a 102.3 degree fever. I don't know if it's Covid-19 or if it's a fever with extraordinarily bad timing. Learn more about your ad choices. Visit podcastchoices.com/adchoices

A new segment giving tips to help flatten the curve and manage your money during this global event. Learn more about your ad choices. Visit podcastchoices.com/adchoices

#247: Caroline wants to buy her first home in Denver, CO. How can she calculate how much mortgage she can comfortably afford?Anne plans to retire later this year on rental income (woohoo!). She’s saved up a hefty emergency fund for her properties, and she wants to know 1) if she should invest a portion of this in index funds, and 2) whether she should rebalance her portfolio to account for this huge cash allocation.Anonymous Nurse has over $100,000 in debt, not including their mortgage. They want to invest in rental properties, but with so much debt, they're thinking of selling their home or renting it out. Which option is best given their interest in real estate?Joy wants to know if she should put $50,000 towards her primary residence mortgage, or use it as a downpayment on her first rental property. What are the pros and cons of each option?Anonymous owns a cash-flow positive condo...on leased land. The land will revert back to the owners in 32 years. When is the best time to sell this property?I answer these five questions in today’s episode. Enjoy!For more information, visit the show notes at http://affordanything.com/episode247 Learn more about your ad choices. Visit podcastchoices.com/adchoices

#246: At 19 years old, after completing her first year of college, Jillian married her husband. During their first year of marriage, they lived in a camper and earned a combined salary of $12,000.One year later, Jillian's husband graduated college and joined the military. They relocated to Washington D.C., where they earned a combined $60,000 per year. They saved half of their income and used that savings to chip away at $55,000 of debt.At 22 years old, Jillian and her husband adopted a son.Not long after that, they had a biological newborn.At 24 years old, they accumulated their first $100,000.Jillian and her husband remained committed to saving half of their income. This allowed them to buy a house in cash, invest in two rental properties, and invest in index funds.At 32 years old, Jillian and her husband achieved financial independence. All on a modest five-figure income. How did Jillian and her husband live on $12,000 per year? How did they save $100,000 after three years on a $60,000 per year salary? What sacrifices did they make? And how did they transition from saving to spending? Find out in this raw, emotional interview.____________You'll enjoy this episode if: You earn less than six-figures and question your ability to reach financial independence Guilt prevents you from spending the money you’ve saved (“I can’t spend on X if I want to achieve FIRE!”) You want a relatable, realistic take on the journey to financial independence For more information, visit the show notes at https://affordanything.com/episode246  Learn more about your ad choices. Visit podcastchoices.com/adchoices

#245: Joe has a 24-year-old friend who won a $1 million settlement. How can she use this money to set herself up for financial independence?Jay is 52 years old and wants to retire at 59.5. He began investing in individual stocks to achieve this goal, and has had excellent returns so far. Is this a sound plan for early retirement? Or should he work until age 62 for Social Security?Steve is 54 years old. He plans to retire at 60, which is when he can collect 67 percent of his pension. A Vanguard advisor suggested that he direct some of his 403b contributions as Roth contributions, rather than pre-tax contributions. Should he act on this suggestion?Anonymous in New York City wants to invest their HSA contributions this year, but the expense ratios seem high. Can they move their HSA to a different provider? What fees are normal for HSAs?Brit has a similar question. She wants to know: is it possible to invest in the S&P 500 Fossil Fuel Free Index through Vanguard?My friend and former financial advisor, Joe Saul-Sehy, joins me on the show to answer these six questions. Enjoy!For more information, visit the show notes at https://affordanything.com/episode245 Learn more about your ad choices. Visit podcastchoices.com/adchoices

#244: Grant Baldwin felt burned out.He worked as a youth pastor, which felt like a 24/7 profession. He had to attend student events held late into the night, which left him exhausted.One night, he came home to find his wife crying. She told him that she felt like she had a roommate, rather than a husband, because he was gone so often.So Grant did something drastic: he quit his job, with negligible savings, when his wife was four to five months pregnant.For the following year, he waited tables and worked odd jobs, cobbling together gig-economy money while raising a newborn. During his rare unscheduled moments, he started crafting a new career for himself as a self-employed public speaker.Today, Grant Baldwin is a speaker, entrepreneur, coach, and author of The Successful Speaker. He’s earned multiple seven-figures in speaking fees and has helped over 2,000 people become professional speakers.He shares how he made his dream a reality in this episode.For more information, visit the show notes at https://affordanything.com/episode244 Learn more about your ad choices. Visit podcastchoices.com/adchoices

#243: Adam is 23 years old and wants to achieve financial independence as quickly as possible. However, he’s nervous about investing in the stock market and real estate. How can he overcome his fears?Paris, age 35, has a similar question. She earns $150,000 per year, is debt-free, and doesn’t own a home. How can she reach financial independence in less than 10 years?Paul wants to househack his first home, but none of the properties he's seen meet the one percent rule. He doesn’t want to rent forever. Does he need to compromise on his commute time, or wait until he finds an undervalued gem?Anonymous Househacker rents an apartment with three bedrooms, two of which he rents out on an inconsistent, short-term basis. They want to know: does the money they earn count as rental income if they aren’t making a profit on it?Ben is a real estate investor who’s curious about growing his portfolio from four units to 20 units. What’s the best approach to take?I answer these five listener questions in today’s episode. Enjoy!For more information, visit the show notes at https://affordanything.com/episode243 Learn more about your ad choices. Visit podcastchoices.com/adchoices

#242: Ash Ambirge grew up in a trailer park in Pennsylvania. She never met her father. Her disabled mother, who raised her on government assistance, passed away when she was 20.Her childhood goal? To join the middle class. She dreamed of becoming one of those people who eats lemon pepper chicken. What’s more middle-class than that? She attended college on a full scholarship. When she graduated and accepted her first cushy office job, earning $30,000 per year, she blew her paychecks. She bought a brand-new car, rented a luxury apartment and financed a $5,000 mattress. Yet despite her material luxury, she felt that some important element was lacking.In her quest to find meaningful and creative work, she launched The Middle Finger Project, a company that teaches skills like entrepreneurship, battling perfectionism, and trusting your most dangerous ideas. She joins us on today’s podcast episode to share her incredible story about struggling to join the middle class, shrugging off a conventional career, and trusting her most dangerous ideas.For more information, visit the show notes at https://affordanything.com/242 Learn more about your ad choices. Visit podcastchoices.com/adchoices

#241: Anton wants to accelerate his flight training so he can get hired within two to three months, rather than two to three years. He has to raid his retirement savings to achieve this. Should he?Linda and her husband have their eyes on early retirement, but they aren’t sure what their post-retirement lifestyle will cost. How can they budget for unknown expenses that include travel?Joseph contributes 15 percent of his income to both a Roth 457b and Roth IRA. He wants to retire before age 59.5. Given his early retirement goal, should he focus solely on his Roth 457b?Henry wants to know how rebalancing and dollar cost averaging interact with each other. Should he rebalance his all-equities portfolio? If so, what approach should he take?Joe maxes out his 401k and IRA each year. He can make after-tax 401k contributions, or fund his Vanguard taxable brokerage account. Which should he prioritize?As usual, my friend and former financial advisor, Joe Saul-Sehy, joins me on the show to answer these five listener questions. Enjoy!For more information, visit the show notes at https://affordanything.com/episode241 Learn more about your ad choices. Visit podcastchoices.com/adchoices

#240: Are you investing, speculating, or gambling?What are the three drivers of asset performance?Are you aware of who’s getting a cut from your investments?Do you even know who’s on the other side of the trade?David Stein is the author of Money for the Rest of Us, a book that answers these questions. He’s the former Chief Investment Strategist & Chief Portfolio Strategist at Fund Evaluation Group, a $70 billion investment firm. If you’re thinking of adding a new investment to your portfolio, David’s investment philosophy and framework can help you avoid expensive mistakes.For more information, visit the show notes at https://affordanything.com/episode240 Learn more about your ad choices. Visit podcastchoices.com/adchoices