Q&A: Your Kids Just Inherited $350,000 Each. Now What?

Q&A: Your Kids Just Inherited $350,000 Each. Now What?

#716: When does a financial decision stop being purely about maximizing returns—and start becoming about building the life you actually want? Karen recently inherited sizable trusts for their children and is now navigating the complicated intersection of investing, taxes, legacy planning, and future financial aid eligibility. Matt has spent years building a solid index fund portfolio, but as retirement gets closer, he’s wrestling with a familiar investor problem: how do you know when optimizing becomes overthinking? Kate is trying to decide whether $35,000 should go into the stock market—or into building a backyard gym that could generate income while dramatically improving her family’s day-to-day quality of life. We’ve got a lot to unpack today, so let’s get into it. Book by Michael J. McFall - Grind: A No-BS Approach to Take Your Business from Concept to Cash Flow Share this episode with a friend, colleagues, and your mailman: https://affordanything.com/episode716 Learn more about your ad choices. Visit podcastchoices.com/adchoices

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Avsnitt(763)

The 5 Ways Investors Behave When Things Go Wrong, with Clare Flynn Levy

The 5 Ways Investors Behave When Things Go Wrong, with Clare Flynn Levy

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Mrs. Dow Jones: Your Childhood Is Running Your Bank Account

Mrs. Dow Jones: Your Childhood Is Running Your Bank Account

#715: She grew up with a Goldman Sachs dad. She still ended up broke in her 20’s. Here's what changed. Haley Sacks - known online as Mrs. Dow Jones - joins us to talk about the five-step financial fr...

15 Maj 1h 9min

Q&A: Should I Sell One Property to Pay Off Another?

Q&A: Should I Sell One Property to Pay Off Another?

#714: When you’re making big financial decisions, what matters more: optimizing for the best long-term outcome, or choosing the path that gives you the most flexibility and peace of mind right now? ...

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BONUS: The Economy Added 115,000 Jobs. Consumer Confidence Just Hit a 74-Year Low. Let’s Unpack This.

BONUS: The Economy Added 115,000 Jobs. Consumer Confidence Just Hit a 74-Year Low. Let’s Unpack This.

The US economy added 115,000 jobs in April -- and the numbers look solid on the surface. But dig a little deeper and you'll find a tech sector in freefall, a housing market frozen in place, and cons...

11 Maj 24min

Why Smart People Still Sabotage Their Own Money, with Tiffany Aliche

Why Smart People Still Sabotage Their Own Money, with Tiffany Aliche

#713: Tiffany Aliche spent her 30th birthday in her childhood bedroom, $300,000 in debt, unemployed, and freshly foreclosed on. 

Sixteen years later, she's generated over $50 million in gross revenue...

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The Rental Strategy That Survived Every City Crackdown, with Jeff Hurst

The Rental Strategy That Survived Every City Crackdown, with Jeff Hurst

#712: Jeff Hurst, CEO of Furnished Finder, joins us to break down what midterm rentals are, who they're for, and why now might be the best time to get in. A midterm rental is a furnished unit rented ...

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Is a Computer Science Degree Still Worth the Debt?, with Ron Lieber

Is a Computer Science Degree Still Worth the Debt?, with Ron Lieber

#711: A computer science degree used to feel like a sure thing. Job placement rates topped 90 percent. Starting salaries cleared $80,000. You could do the math on your student loans before you enrolle...

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