Ask HTM - Renovating While Paying Off Student Loans, 529 Strategy For Immediate Use, & Popular Banks Get Downgraded #718

We’re kicking off the week by answering your listener questions! And if you have a question that you’d like for us to answer on the show, we’d love for you to submit your own via HowToMoney.com/ask , send us your voice memo. Regardless of how random or bizarre you might think it is, we want to hear it!

 

1 - How much cash should I keep liquid as I’m looking to renovate my home and pay off student loans?

2 - Are medical expenses incurred by my family members reimbursable via my health savings account, decades into the future?

3 - As a recent divorcee, should I use my emergency fund or a maturing CD to eliminate my credit card debt?

4 - Should I be concerned that my bank received a “negative outlook” by Moody’s?

5 - I’m getting my MBA and am wondering if I should save up those tuition dollars in a 529 account or my high yield savings?

 

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During this episode we enjoyed a These Are Depictions of Yet Another Revolutionary Absence, which was a collaboration by Burial & 8th State! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!

 

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