On this episode, we take some time to answer questions sent in by listeners. We cover a wide variety of topics including life insurance, mutual funds, annuities, credit cards, retirement accounts, and more. If you've got more questions, send them in and we may answer them in a future part 2 episode!
Should I get rid of my credit cards or keep them and pay them off every month? (1:48) Should I invest first or pay off debt? (5:16) When do I need life insurance and how much coverage should I get? (8:32) Retirement plan options for self employed individuals (13:10) How much money do I need to get started investing? (16:50) What is a mutual fund? (20:27) Understanding important features of annuities and 401k plans (23:52) CPAs, Financial Advisors, and Financial Planners (32:38)