714-Friday Q&A: HELOCs, Deferring Mortgage, Investing for 18-Year-Olds, Moving to the Country, Voluntary Furloughs, Etc.
It’s Friday! On today’s Q&A we cover:
- 1:23 - Should I take the HELOC money out and put it into my bank account?
- 4:57 - Should I defer my mortgage payments if possible?
- 6:30 - How does this economic crisis affect my FIRE plans?
- 16:52 - What should an 18-year-old do with $56,000 in his bank?
- 32:49 - Should we leave our high-income job to fulfill our dream of moving to the country?
- 48:24 - How should I give away $40,000 to $50,000 per year effectively?
- 1:19:20 - Should I take a voluntary furlough from my job?
- 1:24:12 - How should I set up my new business structure?
- 1:40:45 - How do I choose between two good job offers?
Categories
All Categories'your wealth building strategy
+stages of financial independence
-stage 5: financial independence
.traditional life event planning
1099 contractor vs w2 employee
asset allocation and portfolio diversification
comparison of roth 401(k) and traditional 401(k)
consumer credit and credit management
coverdell education savings accounts
credit debt & personal financing strategies
financial freedom in 10 years or less
financial planning as a business
financial planning credentials
foreign earned income exclusion
formal financial planning topics
gift-giving techniques and strategies
how to find a financial advisor
individual retirement arrangements (iras)
inexpensive accredited colleges & universities
insurance needs analysis: personal and property
non-qualified deferred compensation
qualified tuition programs (529 plans)
should-you-choose-work-you-love-or-work-that-makes-the-most-money/
simplified employee plan (sep)
timing of capital gains and losses
