In Episode 616, I argued the point that if missing one paycheck is a problem for you, you're behaving stupidly. My guest on today's show took umbrage with my commentary on Twitter. So invited her on to discuss!
1:45 - How can I give nice gift to people who are poorer than I am without creating a power imbalance?
15:20 - Can I contribute my salary into a 401(k) plan for my wife in order to maximize our retirement account contributions?
28:05 - How can I protect my non-qualified investment accounts that are exposed to the claims of creditors?
44:30 - I don't "need" term life insurance because I'm financially independent. Should I still buy some?
51:00 - I'm following Dave Ramsey's baby steps and am almost out of debt; should I store up my emergency fund in a Roth IRA?
56:00 - I want to buy an investment that will pay for my new car instead of just burning all my cash on the car. How do I do that?
(For the context of any time-relevant comments relating to current events, this Q&A was recorded on 12/19/2018.)
2:00 - Should we pay off our mortgage or invest?
9:50 - Should I put more money into one of my child's 529 plans in order to help them on their financial aid calculations?
18:30 - Should a retiree in her 60s pay 1.7% as a financial planning fee?
47:20 - How should we unravel the tax situation for a house that I live in but don't own?
1:13:00 - What college financial planning organization should I choose?
Here's the complete answer that you need to know if you should pay off debt or invest.
On this episode we welcome Matt Miner back to the show. Matt previously came on the show to discuss whether going back to graduate school is a good financial move.
Since that interview, Matt left his corporate job and became a financial advisor!
In this interview we explore two themes:
I missed several of my students' questions on the previous credit card Q&A show. So today, I wrap them up. Enjoy!
It's Friday! That means it's Q&A time. Today we cover:
Today we tackle:
Remember, go buy the credit card course this weekend. It's at www.radicalpersonalfinance.com/creditcardcourse and you can save $10 with promo code CREDITCARDTEN.
There are people who should never, ever, have a credit card. And of course they shouldn't buy my new course "How to Borrow Money Safely and Never Pay Interest Using Credit Cards."
But, everyone else should buy it. Go here: www.radicalpersonalfinance.com/creditcardcourse
Save $10 with promo code: CREDITCARDTEN