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This One Move Could Save You Thousands on an 11% Loan (Money Q&A)

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Manage episode 502757456 series 2990670
Content provided by Andrew Giancola. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Andrew Giancola or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

In this episode of the Personal Finance Podcast, we are going to talk about  this one move could save you thousands on an 11% loan.

Today we are going to answer these questions:

  • Question 1: Should I stop overpaying my 11% loan and invest the difference instead?
  • Question 2: How can I turn a $1,200/month truck stipend into a free vehicle every 3 years?
  • Question 3: Should college students invest in a Roth IRA or focus on paying for school?
  • Question 4: How do you rebuild your finances at 38 with 5 kids and $60K income?
  • Question 5: Can I avoid the pro-rata rule when converting non-deductible IRA funds to a Roth?

How Andrew Can Help You:

  • Listen to The Business Show here.
  • Don't let another year pass by without making significant strides toward your dreams. "Master Your Money Goals" is your pathway to a future where your aspirations are not just wishes but realities. Enroll now and make this year count!
  • Join The Master Money Newsletter where you will become smarter with your money in 5 minutes or less per week Here!
  • Learn to invest by joining Index Fund Pro! This is Andrew’s course teaching you how to invest!
  • Watch The Master Money Youtube Channel! ,
  • Ask Andrew a question on Instagram or TikTok
  • Learn how to get out of Debt by joining our Free Course
  • Leave Feedback or Episode Requests here.
  • Car buying Calculator here

Thanks to Our Amazing Sponsors for supporting The Personal Finance Podcast

Connect With Andrew on Social Media:

Free Guides:

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

455 episodes

Artwork
iconShare
 
Manage episode 502757456 series 2990670
Content provided by Andrew Giancola. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Andrew Giancola or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

In this episode of the Personal Finance Podcast, we are going to talk about  this one move could save you thousands on an 11% loan.

Today we are going to answer these questions:

  • Question 1: Should I stop overpaying my 11% loan and invest the difference instead?
  • Question 2: How can I turn a $1,200/month truck stipend into a free vehicle every 3 years?
  • Question 3: Should college students invest in a Roth IRA or focus on paying for school?
  • Question 4: How do you rebuild your finances at 38 with 5 kids and $60K income?
  • Question 5: Can I avoid the pro-rata rule when converting non-deductible IRA funds to a Roth?

How Andrew Can Help You:

  • Listen to The Business Show here.
  • Don't let another year pass by without making significant strides toward your dreams. "Master Your Money Goals" is your pathway to a future where your aspirations are not just wishes but realities. Enroll now and make this year count!
  • Join The Master Money Newsletter where you will become smarter with your money in 5 minutes or less per week Here!
  • Learn to invest by joining Index Fund Pro! This is Andrew’s course teaching you how to invest!
  • Watch The Master Money Youtube Channel! ,
  • Ask Andrew a question on Instagram or TikTok
  • Learn how to get out of Debt by joining our Free Course
  • Leave Feedback or Episode Requests here.
  • Car buying Calculator here

Thanks to Our Amazing Sponsors for supporting The Personal Finance Podcast

Connect With Andrew on Social Media:

Free Guides:

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

455 episodes

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