Announcer:                        00:00                     You’re

tuned in to the Investing for Beginners podcast. Finally, step by step premium

investment guidance for beginners led by Andrew Sather and Dave Ahern to decode

industry jargon, silence crippling confusion, and help you overcome emotions by

looking at the numbers, your path to financial freedom starts now.

Dave:                                    00:36                     All

right folks, we’ll welcome to Investing for Beginners podcast, this is episode

123 tonight. Andrew and I are going to answer some of our listener questions.

We’ve got some great ones recently, and we wanted to take a stab at answering

them for you on the air. So I’m going to go ahead and read the first question

and then Andrew and I will do our little thing. So our first question is, hi

Andrew. I currently make over six figures,  and my wife stays at home with our 20-month-old

twins. Wow. We have a few school loans left, roughly 15,000. I am still balling

the payments as well as to pay off quicker. My question is, should I continue

to dollar cost average and invest or take that amount and put it towards the

loans? I also put a little bit aside for my paychecks for my daughters. I also

have a 401k with my company. I get a fully vested 3% than 100% of my first 3%

and 50% of the following 3%. So I don’t want to lose out on the free money.

Does it make sense? I just turned 34 last week, as well. Thank you to you and

Dave for all the advice constantly. Andrew, what are your thoughts?

Andrew:                              01:46                     Hmm.

So this kind of hits home a little bit because like I can relate with it and I

think it’s something that more and more people who are a little, I’ll say like

coming up, but you know, starting their careers, starting to look into

investing. A lot of younger people have student loans. And so this is one of

those things where, you know, not only are you trying to figure out, you know,

how do I make a budget? And then it’s like, well, how does the stock market

work? How does investing work? And then now it’s like, well, should I invest or

should I pay off that? And there’s get millions of different answers. So let’s

tackle that back half first. And I want to see what you think about the 401k to

Dave. So basically, basically, I look at a 401k matches free money, and I think

that takes priority over anything.