More Than Money

Episode 37 | How Should I Order My Financial Priorities?


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Last week, we asked you to send in your money questions. And you responded in a big way. So, we are going to answer a few of your questions in this episode. Plus, we will announce the giveaway winner!

Listener questions answered:

How should one order priorities of saving for retirement, paying off debt, saving for college, etc.?

I've taken my workplace match (6%) on my retirement account which is a 403(b) since I work at a non-profit, but as I think about where to invest the rest of my 15%. I'm tempted to invest it elsewhere since my 403(b) options are very slim. Is it smart to put the rest in something like a Roth IRA, or is it better to keep everything in the same account to capitalize on higher gains since the account will have more money?

What are the best practices in a healthy financial marriage when one spouse loves the idea of paying off a 3 % loan on a house and the other spouse loves the opportunity of making 8-10% in the market?

Notes:

The 8 Money Milestones | https://bit.ly/3s4r1Uz

The Essential Emergency Binder | Buy it here: https://bit.ly/3qsNYAm

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More Than MoneyBy Art Rainer

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