Podcasts Business Investing Afford Anything Ask Paula | 10-Year-Old Asks: How Do I Save for My First Car?

Ask Paula | 10-Year-Old Asks: How Do I Save for My First Car?

Published: Aug. 30, 2023, 7:25 p.m.

#459: Andrey is a savvy 10-year-old wondering what\u2019s the best way to save up for his first car.\nIngrid wants to know if her parents\u2019 preference for Retiring on Dividends is a better approach compared to the 4 Percent Rule.\nErica\u2019s part-time work schedule will place her in an unusually low tax bracket this year. Should she take this rare chance to execute a Roth conversion? Or is it better to prioritize debt payoff?\nChloe is worried about the end of student loan forbearance. Should she pull back from making retirement contributions to focus on debt payoff?\nFormer financial planner Joe Saul-Sehy and I tackle these four questions in today\u2019s episode.\nEnjoy!\nP.S. Got a question? Leave it at https://affordanything.com/voicemail\nLearn more about your ad choices. Visit podcastchoices.com/adchoices