This One Move Could Save You Thousands on an 11% Loan (Money Q&A) | Master Money Podcast
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
Shopify: Shopify makes it so easy to sell. Sign up for a one-dollar-per-month trial period at shopify.com/pfp
Thanks to Policy Genius for Sponsoring the show! Go to policygenius.com to get your free life insurance quote.
Indeed: Start hiring NOW with a SEVENTY-FIVE DOLLAR SPONSORED JOB CREDIT to upgrade your job post at Indeed.com/personalfinance
Go to link for 20% off!
Shop outdoor furniture, grills, lawn games, and WAY more for WAY less. Head to wayfair.com
Get 50% Off Monarch Money, the all-in-one financial tool at www.monarchmoney.com/PFP
Chime: Start your credit journey with Chime. Sign-up takes only two minutes and doesn’t affect your credit score. Get started at chime.com/
Acorns: Start investing automatically with Acorns and get a $5 bonus at Acorns.com/PFP
Visit www.functionhealth.com/PERSONALFINANCE or use gift code PERSONALFINANCE100 at sign-up to own your health.
Connect With Andrew on Social Media:
TikTok
Master Money Website
Master Money Youtube Channel
Free Guides:
The Stairway to Wealth: The Order of Operations for your Money
How to Negotiate Your Salary
The 75 Day Money Challenge
Get out Of Debt Fast
Take the Money Personality Quiz
Learn more about your ad choices. Visit megaphone.fm/adchoices