“You’re ready for career change now.” That’s what I told Lucas near the end of this episode. He’s 35, he and his wife have two young kids (including a daughter with special needs), and he’s weighing a career change from IT consulting into financial planning that would cut his income by roughly 60%. Before we…
“You have this golden opportunity during these low-income years.” That’s what I told a listener who’s heading into a one-to-two-year career break with $80,000 in cash and a paid-off home. Is that enough? It depends on the one number she didn’t give us: how much she plans to spend. So Joe and I walk through…
“Sometimes you might make the ‘right’ decision for the wrong reason.” That’s what I told Nieves, a listener who’s deciding whether to sell rental property she bought back in 2021, a St. Louis duplex that’s gotten a lot harder to manage since she moved to Madrid for her MBA. Her tenants have started paying late….
“So to me, this is not a money management question.” That’s what I told Jamie, a 42-year-old PA with $686,000 saved, right after she described her plan: quit the job she loves and take her husband and kids on a family gap year while they’re still young enough to remember it. She wasn’t asking if…