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Ask Paula: The Hidden Costs of Leverage

Ask Paula: The Hidden Costs of Leverage

FromAfford Anything


Ask Paula: The Hidden Costs of Leverage

FromAfford Anything

ratings:
Length:
78 minutes
Released:
Jul 12, 2023
Format:
Podcast episode

Description

Rachel’s car is nearing its end of life and she’s short on cash. Should she sell before she’s hit with a major repair?
Cam wants to arbitrage a hefty low-interest loan with a three-year payback period. Is this the opportunity of a lifetime or a disaster waiting to happen?
Kris has tried all the budgeting apps but they’re cumbersome and time-consuming. Is there a better way to track his monthly expenses?
An anonymous caller feels stretched thin with a high mortgage on a single income. Should she sell off some stocks to lower her monthly payments?
Former financial planner Joe Saul-Sehy and I tackle these four questions in today’s episode.
Enjoy!
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Released:
Jul 12, 2023
Format:
Podcast episode

Titles in the series (100)

You can afford anything, but not everything. We make daily decisions and create habits around how to spend money, time, energy, focus and attention – and ultimately, our life. Every decision is a trade-off against another choice. But how deeply do we contemplate these choices? Are we settling for the default mode? Or are we ruthlessly optimizing around a deliberate life? Are we creating financial independence, early retirement and debt freedom? Are we managing money wisely? Host Paula Pant interviews a diverse array of entrepreneurs, early retirees, millionaires, investors, artists, adventurers, scientists, psychologists, productivity experts, world travelers and regular people, exploring the tough work of living a truly excellent life. Listen to her interviews with Clark Howard, Gretchen Rubin, Cal Newport, James Clear, Chris Guillebeau and Dave Ramsey daughter Rachel Cruze. Want to learn more? Download our free book, Escape, at http://affordanything.com/escape