My friend and financial expert Farnoosh Torabi joins me to answer a relationship & money question from a listener named Janice.⠀⠀
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Janice is engaged, and she calls to ask: Should she get married?⠀⠀
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She earns double what her fiancé makes. She has no debt except her mortgage. Her retirement […]
Category: Episodes
#116: Ask Paula – Help! I’m Underwater on My Car!
Stacy and her boyfriend would like to downsize to one vehicle. But they’re collectively $14,500 underwater on their car loans.
Stacy owes $11,000 on her car, but its trade-in value is $7,200. She’s paying a 12.74% interest rate and her payoff date is 2021.
Her boyfriend is in worse shape. He owes $18,500 on his […]
#115: How Dave Ramsey Taught His Kids About Money – with Rachel Cruze
Rachel Cruze was born the year her father, Dave Ramsey, filed for bankruptcy.
During her childhood, she watched her parents transition from struggling and rebuilding from their bankruptcy, to becoming debt-free multimillionaires.
Her dad went on to become the host of The Dave Ramsey Show, a money management radio show and podcast that reaches more […]
#114: Ask Paula – How Should I Invest $100K in Real Estate?
This week, I answer five questions about real estate investing from the audience.
Joelle asks:
I own a home outright on the West Coast. I’m thinking about taking out $100,000 from my home equity, and using this money to buy a rental property.
I found a community out east where I can buy a […]
#113: How I Run a Six-Figure Business and Host an Airbnb while Traveling the World — with Natalie Sisson
Natalie Sisson was tired of the corporate world. She wanted freedom, adventure and fulfillment.
In 2008, she quit her job and co-founded a tech company — but soon she discovered that running a company felt a lot like having a day job.
Two years later, she quit her own company in order to truly strike […]
#112: Ask Paula – How to Convince a Spouse to Invest in Low-fee Index Funds?
How can I convince my spouse to invest in low-fee index funds? How should my fiancé and I combine our finances? If I’d like to invest in rental properties, should I also buy stocks?
Former financial planner Joe Saul-Sehy joins me to tackle these audience questions and more.
Thomas asks:
My wife is suspicious […]
#111: How We Retired at Age 38 and 41 — with Tanja Hester & Mark Bunge
Tanja Hester and Mark Bunge used to have demanding but fulfilling careers as political and social cause consultants.
While they loved the mission behind their work, they grew tired of the exhausting hours and grueling travel. Their home felt like a weekend crash pad. They had no time or energy to pursue outside passions like […]
#110: Ask Paula — Get Ready for the Next Recession
Happy New Years! We’re kicking off this year on a bright and cheerful note — with a conversation about the impending recession! Yay!
The U.S. stock market is at a peak, continuing its 9-year bull run. The markets have been rising since March 2009 without any major corrections or pullbacks.
We are living in one […]
#109: How to Create a Complaint-Free World — with Will Bowen
Happy holidays! I thought it would be nice to wrap up this year with a lighthearted holiday episode about the importance of keeping a positive attitude.
Will Bowen, my guest on the final episode of 2017 (wow!), started a campaign to motivate people to complain less.
He noticed that many people in his community said […]
#108: Ask Paula – I Don’t Know How to Invest
Former financial advisor Joe Saul-Sehy joins me to answer audience questions about investing strategies, early retirement, and tax planning.
Whitnee asks:
I’m 31, and my husband and I save half of our combined income. We’ve maxed out our H.S.A. accounts and we’re getting an employer match in our 401k. We have $80,000 stashed as cash […]