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What Should Keith Do With a $50,000 Inheritance? (Your Letters)

What Should Keith Do With a $50,000 Inheritance? (Your Letters)

FromThe Stacking Benjamins Show


What Should Keith Do With a $50,000 Inheritance? (Your Letters)

FromThe Stacking Benjamins Show

ratings:
Length:
76 minutes
Released:
Nov 14, 2018
Format:
Podcast episode

Description

We're dedicating today's show to all of your burning financial questions. Will the fact that Anna's parents are opening up a 529 plan for her daughter create unintended financial consequences down the road? What should Keith do with a $50,000 inheritance and no job? What should ANYONE do when they receive $50,000? Jessica is a new investor. What platforms should she be looking into when trying to invest? After our David McKnight interview, Ryan is focusing on more money in his "tax-free" bucket. Does the SB team have any good tips on tax savvy financial moves? Of course we do!
And in our headlines segment, there's BIG news in college scholarship land. It turns out that a couple of schools are reducing their tuition to FREE. Who is it? Should you consider changing your college plan? In our second headline, while owning your home is a great financial position to be in...if you want to get rich one publication insists that you should own somebody else's home. We'll dive into rentals and real estate on today's show. Plus, in our Haven Life Line, Heather wants to know if she can do a backdoor Roth conversion AND make contributions to a spousal IRA.
Thanks to MagnifyMoney.com for sponsoring Stacking Benjamins!
Thanks to LinkedIn for supporting Stacking Benjamins. Go to LinkedIn.com/sb and get $50 off toward your first job post.
Released:
Nov 14, 2018
Format:
Podcast episode

Titles in the series (100)

Live, from Joe's mom's half-finished basement....listen to a parade of financial headlines, personal finance experts, creatives, and people with stories that inspire us. Every Monday, Wednesday, and Friday, hosts Joe Saul-Sehy & OG meet at the card table and bring you guests, trivia, your letters about saving, investing, and risk management, and much more. Academy of Podcast winner for "best business podcast of the year," 2017 Plutus award winner for "best personal finance podcast," and Kiplinger magazine's only recommended personal finance podcast.