This week's Ask Farnoosh covers leveraging the equity in a primary home to buy a second property, how to choose a CPA, whether to invest in a Roth IRA or pay off high interest student loans, and the risks that come with parents helping their adult children pay down debt.
Listeners want to learn about the best tax-wise way to invest for retirement, the places to save (CDs or I Bonds?), whether short or long-term disability leave can hurt your chances of qualifying for Public Service Loan Forgiveness and whether it's wise to buy universal life insurance.
On today's show: benefits of a financial adviser, managing savings ahead of buying a house, FAFSA fun facts and a crazy but true strategy for affording a pricey prescription not covered by insurance.
A listener asks about timing her 401(k) rollover so that she avoids losses. Also, what's the best way to establish credit in college: open a credit card or get a student loan? A listener also wonders about the best ways to pay for a full-time caregiver for her baby.
Advice for borrowers who made payments during the federal loan payment pause on how to get a refund, investing in real estate as a beginner with kids and expenses and getting over the inflation blues
Alex Gailey, writer and student loan expert for NextAdvisor and Peter Dunn, Founder of YourMoneyLine and host of the Pete the Planner radio show, join to answer the biggest questions surrounding the new student debt relief program.
Farnoosh answers audience questions about how to pay off student loans in your 60s or beyond, affording childcare so that you can continue working and the pros and cons of stock splits.
We take a closer look at one of the most popular college savings vehicles - the 529 plan. Guest Patricia Roberts, author of Route 529: A Parent’s Guide to Saving for College and Career Training with 529 Plans, shares her expertise.
This week's Ask Farnoosh addresses audience questions related to student loan, investing advice for teens, financial advice for someone nearing retirement and post-divorce, as well as the best finance books for beginners.
Ask Farnoosh about money, work, life, or a recent guest below and she'll do her best to answer your question during an upcoming Friday episode on So Money. Record a message below or type in your question.