April 28, 2025

Pay Off Debt or Keep Investing? (Money Q&A)

40 minutes

In this episode of the Personal Finance Podcast, we are going to do a Money Q&A about should you pay off debt or keep investing.

Today we are going to answer these questions!

Question 1:

How do I handle high expense ratios in my child’s Roth IRA? Should I switch vendors, change funds, or stay the course?

Question 2:

How do I get smarter about small business finances—write-offs, taxes, and making better financial decisions?

Question 3:

Is disability insurance worth it? Who really needs it and what should I look out for in a policy?

Question 4:

With $150K in student loans and a strong investment strategy, should I focus on paying off debt or keep investing?

Question 5:

As I start a web design side business in California, should I create an LLC or a Corporation—and what should I consider long term?

How Andrew Can Help You:

Listen to The Business Show here.

Don't let another year pass by without making significant strides toward your dreams. "Master Your Money Goals" is your pathway to a future where your aspirations are not just wishes but realities. Enroll now and make this year count!

Join The Master Money Newsletter where you will become smarter with your money in 5 minutes or less per week Here!

Learn to invest by joining Index Fund Pro! This is Andrew’s course teaching you how to invest!

Watch The Master Money Youtube Channel! ,

Ask Andrew a question on Instagram or TikTok.

Learn how to get out of Debt by joining our Free Course

Leave Feedback or Episode Requests here.

Car buying Calculator here

Thanks to Our Amazing Sponsors for supporting The Personal Finance Podcast.

Shopify: Shopify makes it so easy to sell. Sign up for a one-dollar-per-month trial period at shopify.com/pfp

Chime: Start your credit journey with Chime. Sign-up takes only two minutes and doesn’t affect your credit score. Get started at chime.com/

Thanks to Fundrise for Sponsoring the show! Invest in real estate going to fundrise.com/pfp

Thanks to Policy Genius for Sponsoring the show! Go to policygenius.com to get your free life insurance quote.

Go to https://joindeleteme.com/PFP20/ for 20% off!

Indeed: Start hiring NOW with a SEVENTY-FIVE DOLLAR SPONSORED JOB CREDIT to upgrade your job post at Indeed.com/personalfinance

Turn your business dream into reality! Apply now at www.oneday.org/pfp

Go to Acorns.com/pfp and start automating your investments and get a $5 bonus today!

Delete Me: Use Promo Code PFP for 20% off!

Shop Data Plans and Save Big at mintmobile.com/pfp

Relevant Episodes:

From 100K in Debt to Building Generational Wealth as a Couple with Josh and Ali (The FI Couple)

How to Go from in Debt to Millionaire in 10 Years with George Kamel

How to Never Go In Debt During The Holidays Again - Money Q&A

How I would Invest Large Sums of Cash - Money Q&A

How to Invest In Yourself and Earn More (THIS YEAR!)

Connect With Andrew on Social Media:

Instagram

TikTok

Twitter

Master Money Website

Master Money Youtube Channel

Free Guides:

The Stairway to Wealth: The Order of Operations for your Money

How to Negotiate Your Salary

The 75 Day Money Challenge

Get out Of Debt Fast

Take the Money Personality Quiz

Learn more about your ad choices. Visit megaphone.fm/adchoices

...more

View all episodes

By Andrew Giancola

4.8

13101,310 ratings

April 28, 2025

Pay Off Debt or Keep Investing? (Money Q&A)

40 minutes

In this episode of the Personal Finance Podcast, we are going to do a Money Q&A about should you pay off debt or keep investing.

Today we are going to answer these questions!

Question 1:

How do I handle high expense ratios in my child’s Roth IRA? Should I switch vendors, change funds, or stay the course?

Question 2:

How do I get smarter about small business finances—write-offs, taxes, and making better financial decisions?

Question 3:

Is disability insurance worth it? Who really needs it and what should I look out for in a policy?

Question 4:

With $150K in student loans and a strong investment strategy, should I focus on paying off debt or keep investing?

Question 5:

As I start a web design side business in California, should I create an LLC or a Corporation—and what should I consider long term?

How Andrew Can Help You:

Listen to The Business Show here.

Join The Master Money Newsletter where you will become smarter with your money in 5 minutes or less per week Here!

Learn to invest by joining Index Fund Pro! This is Andrew’s course teaching you how to invest!

Watch The Master Money Youtube Channel! ,

Ask Andrew a question on Instagram or TikTok.

Learn how to get out of Debt by joining our Free Course

Leave Feedback or Episode Requests here.

Car buying Calculator here

Thanks to Our Amazing Sponsors for supporting The Personal Finance Podcast.

Shopify: Shopify makes it so easy to sell. Sign up for a one-dollar-per-month trial period at shopify.com/pfp

Chime: Start your credit journey with Chime. Sign-up takes only two minutes and doesn’t affect your credit score. Get started at chime.com/

Thanks to Fundrise for Sponsoring the show! Invest in real estate going to fundrise.com/pfp

Thanks to Policy Genius for Sponsoring the show! Go to policygenius.com to get your free life insurance quote.

Go to https://joindeleteme.com/PFP20/ for 20% off!

Indeed: Start hiring NOW with a SEVENTY-FIVE DOLLAR SPONSORED JOB CREDIT to upgrade your job post at Indeed.com/personalfinance

Turn your business dream into reality! Apply now at www.oneday.org/pfp

Go to Acorns.com/pfp and start automating your investments and get a $5 bonus today!

Delete Me: Use Promo Code PFP for 20% off!

Shop Data Plans and Save Big at mintmobile.com/pfp

Relevant Episodes:

From 100K in Debt to Building Generational Wealth as a Couple with Josh and Ali (The FI Couple)

How to Go from in Debt to Millionaire in 10 Years with George Kamel

How to Never Go In Debt During The Holidays Again - Money Q&A

How I would Invest Large Sums of Cash - Money Q&A

How to Invest In Yourself and Earn More (THIS YEAR!)

Connect With Andrew on Social Media:

Instagram

TikTok

Twitter

Master Money Website

Master Money Youtube Channel

Free Guides:

The Stairway to Wealth: The Order of Operations for your Money

How to Negotiate Your Salary

The 75 Day Money Challenge

Get out Of Debt Fast

Take the Money Personality Quiz

Learn more about your ad choices. Visit megaphone.fm/adchoices

...more

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Pay Off Debt or Keep Investing? (Money Q&A)

Pay Off Debt or Keep Investing? (Money Q&A)

More shows like The Personal Finance Podcast

Money Guy Show

Money Girl

Your Money, Your Wealth

The Stacking Benjamins Show

Afford Anything

ChooseFI

The Investing for Beginners Podcast - Your Path to Financial Freedom

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Stay Wealthy Retirement Podcast

Millionaires Unveiled

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