Should I Take on Debt to Start A Business on The Side? (Money Q&A)
In this episode of the Personal Finance Podcast Money Q&A, we are going to talk about should I take on debt to start my dream business on the side?
Watch this episode on Youtube
Today we are going to answer these questions:
Question 1: Should I risk $40K from my home equity to launch my dream tutoring center or build more clients first?
Question 2: Should I raid my emergency fund to max my Roth IRA upfront or play it safe and invest slowly?
Question 3: Is going into student debt for film school in NYC worth it — and how do I avoid drowning in loans?
Question 4: How do I figure out what my pension is really worth when planning my retirement?
Question 5: What are legit remote side hustles to crush credit card debt if I love reading and editing?
Question 6: Should I pay off a 20% credit card with my 7% HELOC — or leave it alone and pay it down slowly?
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! ,
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Learn how to get out of Debt by joining our Free Course
Leave Feedback or Episode Requests here.
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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
Thanks to Policy Genius for Sponsoring the show! Go to policygenius.com to get your free life insurance quote.
Indeed: Start hiring NOW with a SEVENTY-FIVE DOLLAR SPONSORED JOB CREDIT to upgrade your job post at Indeed.com/personalfinance
Go to https://joindeleteme.com/PFP20/ for 20% off!
DELL: Get a new Dell AI PC starting at $749.99, at Dell.com/ai-pc.
This episode is sponsored by Plaud https://www.plaud.ai/ — an AI wearable gadget that takes notes of meetings and calls. With Plaud, you don’t have to take notes and make summaries anymore.
Shop outdoor furniture, grills, lawn games, and WAY more for WAY less. Head to wayfair.com
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Links Mentioned in This Episode:
5 Side-Hustles That Can Turn into a Full time Income!
5 Side-Hustles That Can Turn into a Full time Income! (Part 2)
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
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37:14
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37:14
5 Side-Hustles That Can Turn into a Full time Income! (Part 2)
In this episode of the Personal Finance Podcast, we are going to talk about the five Side Hustles that can turn into a full-time business, part two.
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
Thanks to Policy Genius for Sponsoring the show! Go to policygenius.com to get your free life insurance quote.
Indeed: Start hiring NOW with a SEVENTY-FIVE DOLLAR SPONSORED JOB CREDIT to upgrade your job post at Indeed.com/personalfinance
Go to https://joindeleteme.com/PFP20/ for 20% off!
DELL: Get a new Dell AI PC starting at $749.99, at Dell.com/ai-pc.
This episode is sponsored by Plaud https://www.plaud.ai/ — an AI wearable gadget that takes notes of meetings and calls. With Plaud, you don’t have to take notes and make summaries anymore.
Shop outdoor furniture, grills, lawn games, and WAY more for WAY less. Head to wayfair.com
Function is offering 160+ lab tests for $365 to anyone who signs up. To get started, visit www.functionhealth.com/PERSONALFINANCE
Links Mentioned in This Episode:
5 Side-Hustles That Can Turn into a Full Time Income!
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
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39:35
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39:35
9 Things You Need to Do to Become a Millionaire Next Door
In this episode of the Personal Finance Podcast, we are going to talk about the 9 things you need to do to become a millionaire next door.
Watch this episode on Youtube.
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.
Indeed: Start hiring NOW with a SEVENTY-FIVE DOLLAR SPONSORED JOB CREDIT to upgrade your job post at Indeed.com/personalfinance
Shop Data Plans and Save Big at mintmobile.com/pfp
Go to https://joindeleteme.com/PFP20/ for 20% off!
DELL: Get a new Dell AI PC starting at $749.99, at Dell.com/ai-pc.
This episode is sponsored by Plaud https://www.plaud.ai/ — an AI wearable gadget that takes notes of meetings and calls. With Plaud, you don’t have to take notes and make summaries anymore.
Links Mentioned in This Episode:
How to Run the Numbers on a Rental Property (And the Mistakes You MUST Avoid)
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
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34:10
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34:10
How to Plan for Healthcare Costs (By Age)
In this episode of the Personal Finance Podcast, we are going to talk about how to plan for healthcare costs by age.
Watch this episode on Youtube
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.
Indeed: Start hiring NOW with a SEVENTY-FIVE DOLLAR SPONSORED JOB CREDIT to upgrade your job post at Indeed.com/personalfinance
Shop Data Plans and Save Big at mintmobile.com/pfp
Go to https://joindeleteme.com/PFP20/ for 20% off!
DELL: Get a new Dell AI PC starting at $749.99, at Dell.com/ai-pc.
This episode is sponsored by Plaud https://www.plaud.ai/ — an AI wearable gadget that takes notes of meetings and calls. With Plaud, you don’t have to take notes and make summaries anymore.
Links Mentioned in This Episode:
What Do I do With an HSA at an Old Employer?! (Plus How to Avoid RMD's) - Money Q&A
The Ultimate Guide to the HSA (The Super Retirement Account!)
How to Get a Guaranteed 5% Return on Your Emergency Fund - Money Q&A
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
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32:14
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32:14
Can You Achieve FIRE with Only Stocks? (Money Q&A)
In this Money Q&A episode of the Personal Finance Podcast, we will talk about can you achieve FIRE with only stocks money.
Watch this episode live on Youtube
We will answer these questions:
What to do if I’m a contract worker? My salary is not deducted for retirement
Can you discuss life insurance options and what to get?
How to get a leadership job without internship experience?
What’s the best way to navigate paying off student loans?
Should I sell my rental to pay off my 6.5% primary mortgage?
Can you FI/RE with only stocks, or do you need real estate?
My girlfriend is getting $220k, age 23, debt-free, lives at home. What should she do?
How to have a conversation with your partner about finances?
Best points credit card for wedding + travel hacking?
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.
Indeed: Start hiring NOW with a SEVENTY-FIVE DOLLAR SPONSORED JOB CREDIT to upgrade your job post at Indeed.com/personalfinance
Shop Data Plans and Save Big at mintmobile.com/pfp
Go to https://joindeleteme.com/PFP20/ for 20% off!
DELL: Get a new Dell AI PC starting at $749.99, at Dell.com/ai-pc.
This episode is sponsored by Plaud https://www.plaud.ai/ — an AI wearable gadget that takes notes of meetings and calls. With Plaud, you don’t have to take notes and make summaries anymore.
Links Mentioned in This Episode:
The Insurance You MUST HAVE and What You Don't Need
Everything you Need to Know About Your Student Loans (and How to Prepare to Start Paying Them Off!)
8 Steps to Running The Numbers on a Rental Property (THIS YEAR!)
How to Create a Bulletproof Wealth Protection Plan
How Much Should You Have Saved in Your Roth IRA (BY AGE!)
The Ultimate Guide to Managing Money Together as a Married Couple
How to Master Credit Cards (and Beat The Banks!)
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
Andrew Giancola from Master Money reveals all of his personal finance, money, investing, business strategies, income sources, stock, and real estate investing tips so that you can build more wealth than you ever thought possible. Discover how to increase your income at your job and create multiple passive income streams that work for you, so you have the time and freedom to do what you love. Whether that’s travel, or having freedom from your day job. Since 2013, Andrew has been sharing the wins and losses of his personal finance journey. You will learn how to invest to create wealth in stocks, index funds, real estate, building businesses, and side-hustles. You will learn how to save more money, get a raise, set up simple budgets, build habits, personal growth, and money hacks that will take you to the next level with your finances. Take control of your money so you can live a stress-free, rich life. Anyone can be wealthy, Andrew will show you how. Hit subscribe and get ready to change your life.