68 min listen
Ask Paula: Help! My Mom or Dad Took Out a Credit Card in My Name. Am I On the Hook?
FromAfford Anything
Ask Paula: Help! My Mom or Dad Took Out a Credit Card in My Name. Am I On the Hook?
FromAfford Anything
ratings:
Length:
82 minutes
Released:
Dec 6, 2019
Format:
Podcast episode
Description
#229: Normally, we’re a once-a-week podcast, with episodes airing every Monday. But on the first Friday of every month, we have a First Friday bonus episode! Helen discovered that her mother fraudulently opened credit card accounts in her name. Eek! How can she protect herself? What will happen to these accounts once her mother passes away? Amelia and her husband cannot fire their financial advisor. How can they minimize the damage and maximize the benefit they receive from him in the meantime? Anonymous asks if she should live off an inheritance and max out her 401k contributions during her first year of working full-time. She wants to reduce her taxable income. Is this a good idea? A different anonymous caller read a USA Today article claiming that “index funds are in a bubble.” How true is this? How can index funds be in a bubble? Shawn is self-employed. He invests in a Solo 401k that features both a Roth and Traditional component. How should he manage this account? Another anonymous listener is thinking about downshifting to part-time work. He holds around $278,000 in home equity. How can he capitalize on this? Former financial planner Joe Saul-Sehy and I answer these questions on today’s episode. Enjoy! For more information, visit the show notes at https://affordanything.com/episode229
Released:
Dec 6, 2019
Format:
Podcast episode
Titles in the series (100)
How to Destroy Your Stupid Debt, with Steve Stewart (and the controversy around Dave Ramsey!): #13: Steve and his wife got on the Dave Ramsey plan and they paid off their house! Plus, you'll want to check out Steve's little coaching trick of Rent vs Buy vs Invest. For more information, visit the show notes at https://affordanything.com/episode13 by Afford Anything