cover of episode Breaking the Paycheck-to-Paycheck Cycle

Breaking the Paycheck-to-Paycheck Cycle

2023/11/30
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AI Deep Dive AI Chapters Transcript
People
J
Jade Warshaw
从专业歌手到财务专家，Jade Warshaw 的故事激励众多人实现财务自由。
R
Rachel Cruze
专注于个人财务教育和预算管理的金融专家。
Topics
Jade Warshaw：不要为了还清债务而动用退休储蓄，例如401k或457计划，因为这样做会面临罚款和费用。更好的方法是通过增加额外收入或削减预算来寻找资金。建议将之前的401k转入传统IRA，以便更好地进行投资，而不是与新的457计划合并。通过削减生活方式和增加额外收入，可以在一年内还清33,000美元的债务。建议使用EveryDollar理财应用程序来更好地管理财务。 Rachel Cruze：同意Jade的观点，不应该动用退休储蓄来还债。应该通过其他方式来解决债务问题，例如增加收入或减少开支。

Deep Dive

Chapters
Discussing the implications of using retirement savings to pay off debt, emphasizing the importance of not robbing Peter to pay Paul and suggesting alternative ways to find the money to pay off debt.

Shownotes Transcript

Jade Warshaw & Rachel Cruze answer your questions and discuss:

  • "Should I pull from my 401(k) to pay off debt?"

  • "What's the best way to pay off my truck?"

  • "How should I save money for the future?"

  • "Can we afford to stay in our current apartment?"

  • Living paycheck-to-paycheck,

  • "How can we fix our finances?"

  • "Scammers are after my father, what can I do?"

  • "We hate the house we bought,"

  • "How do I start investing?"

  • "Should we give Christmas gifts to teachers?"

  • "Should we pay off our house before investing?"

  • "Pay off debt before buying more rentals?"

  • "Should I drop my car insurance?"

  • "Pay off debt before buying more rentals?"

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