Written By Paula Pant
This week’s Afford Anything blog post is a well-balanced diet:
Robert Kiyosaki predicts a massive crash — [philosophical] Sobering stats about the housing market — [analytical] Secret strategies to save on seasonal shopping — [practical]
The Robert Who Cried Wolf
Famed investor Robert Kiyosaki, author of Rich Dad, Poor Dad, recently caused an […]
By Paula Pant
Nicole’s 78-year-old mom is paying huge fees for low returns. How can Nicole help her mom make better investments?
Nick is in his 40’s. His long-term care insurance rate is nearly doubling. Should he stop spending on this type of insurance?
Paul is a single dad, worried about paying his daughter’s college costs. He’s trying to figure out how to report lower income on the FAFSA, so that his daughter can get better financial aid.
Former financial planner Joe Saul-Sehy and I tackle these three questions in today’s episode.
Enjoy!
P.S. Got a question? Leave it here.
By Paula Pant
Ever skipped that extra drink, pricey cheese, or a night out for the sake of your wallet?
If this feels familiar, then you’ll appreciate today’s episode with Jamila Souffrant.
Jamila is a Certified Financial Education Instructor, podcast host, and author, guiding us on making savvy choices to save while still having fun.
Jamila explores the power of understanding our “why not,” staying motivated on our financial paths, shaping a success-bound mindset, and posing THREE crucial self-assessment questions for goal alignment
By Paula Pant
Kayla is torn between paying off a loan early or catching up on missed retirement contributions.
Josh wants to retire early and meets the threshold for zero capital gains taxes. Should he put all his retirement savings into a brokerage account?
An anonymous caller wants to know how to merge financial lives with her husband from another country.
Former financial planner Joe Saul-Sehy and I tackle these three questions in today’s episode.
Enjoy!
By Paula Pant
When Tiffany Aliche was in her 20’s, she fell victim to a credit card scam.
A crafty swindler convinced her to take out a cash advance against her credit card for $35,000. He said that he’d invest the money and produce Bernie Madoff- style returns. She was an inexperienced investor. She believed him.
She never saw that money again.
Aliche worked at a preschool. She didn’t make much money to begin with. But matters worsened when the school shut down, and she lost her job. She fell behind on mortgage payments and lost her condo.
In order to recover from such huge setbacks, she had to grapple with an enormous sense of financial shame.
Today, financial educator Tiffany Aliche, better known as The Budgetnista, shares how she overcame financial shame.
She talks to us about the opposite of shame, which is a sense of financial wholeness. And she discusses practical tips for how to navigate the challenges of debt and scams.
By Paula Pant
Sarah has cash to pay a $8,000 medical bill but she’s reluctant to drain her savings. Should she sign up for the hospital’s interest-free payment plan?
Jennie is an independent consultant but gets paid as a W-2 employee. Without access to a SEP IRA or a 401k plan, is there another option to save for retirement?
An anonymous caller is wondering how to run a cost-benefit analysis on pursuing a graduate degree.
Brian is getting inundated with spam calls as a real estate investor. Is there a way to stop the madness?
Former financial planner Joe Saul-Sehy and I tackle these four questions in today’s episode.
Enjoy!
By Paula Pant
Bob split a $350,000 windfall between savings and paying down his mortgage. But now he’s wondering if he made a good choice. Can Paula and Joe do the math to justify his gut-driven decisions?
Julia wants to tap the equity from a second home to buy a third home in Texarkana, Texas. Is this a good plan?
Joey Jr. wants to retire early, put two kids through college and buy a vacation home within the next five years. How can he afford to do it all?
An anonymous caller wonders if $1 million is a good budget for a retirement pad.
Former financial planner Joe Saul-Sehy and I tackle these four questions in today’s episode.
Enjoy!
By Paula Pant
Lindy feels like her $300,000 of accumulated equity could be put to better use. But she doesn’t want to buy more real estate right now. What’re her options?
Katie wants to become a landlord in her home state but she’s concerned about the effects of redlining. Should she look into Section 8?
Claudia lives in Germany and wants to buy an apartment in Manhattan. But she knows nothing about US real estate. Where does she start?Â
I tackle these questions in today’s episode.
Enjoy!
By Paula Pant
Money management is all about setting priorities.
Maybe you have the twin goals of sending your kids to college while also saving enough for retirement.
And maybe you’re struggling to figure out how to balance the two.
Today, Bryan Kuderna, a certified financial planner, shares a framework for helping us set priorities.
We talk about the importance of economic literacy, in addition to financial literacy. We discuss how retirement has changed throughout history. And we apply those broader lessons to how you think about retirement.
By Paula Pant
Christina recently slayed her debt and put herself on track for financial success. But now she’s bored. How can auto-investing be more exciting?
Speaking of debt, Christina shares a creative HACK to SAVE $60,000 in student loan interest payments.Â
Mary is struggling to compare two job offers: one from a large corporation and another from a tiny business. How should she decide?
An anonymous caller wants to buy a different home, and convert his current home into a rental. How should he finance this move?
Former financial planner Joe Saul-Sehy and I tackle these four questions in today’s episode.
Enjoy!
