Should I Take on Debt to Start A Business on The Side? (Money Q&A)

The Personal Finance Podcast

In this episode of the Personal Finance Podcast Money Q&A, we are going to talk about  should I take on debt to start my dream business on the side?

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Today we are going to answer these questions:

Question 1: Should I risk $40K from my home equity to launch my dream tutoring center or build more clients first?

Question 2: Should I raid my emergency fund to max my Roth IRA upfront or play it safe and invest slowly?

Question 3: Is going into student debt for film school in NYC worth it — and how do I avoid drowning in loans?

Question 4: How do I figure out what my pension is really worth when planning my retirement?

Question 5: What are legit remote side hustles to crush credit card debt if I love reading and editing?

Question 6: Should I pay off a 20% credit card with my 7% HELOC — or leave it alone and pay it down slowly?

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Links Mentioned in This Episode:

• 5 Side-Hustles That Can Turn into a Full time Income!

• 5 Side-Hustles That Can Turn into a Full time Income! (Part 2)

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