Q+A Episode- Sinking Funds, Variable Income Budgeting, Debt Payoff, Stable Investing, And More!

24/07/2019
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Descripción de Q+A Episode- Sinking Funds, Variable Income Budgeting, Debt Payoff, Stable Investing, And More!

Answering some of your questions. We’re covering the following questions today:
Would love to hear your thoughts on sinking funds. Do you suggest them, how many should you. have, when do you know when to actually use them, etc.?
What are the advantages and disadvantages of the avalanche and snowball methods? Are there types of situations that make one better than the other?
What is your advice on what to do if you sold your house and made $100K equity from it? We decided to move into a smaller home that is paid for. Trying to decide what is best to do with the money.
What is the safest, stable, way to invest? I have cash but am afraid to hand it over to other people.
Tips for budgeting and paying off debt with variable income. We’re a small business family.
How do you know what to price furniture pieces that you are flipping?
What’s a process to determine your current financial priority? Feels like I have 3 competing.
How do I pay off debt while making some much needed repairs to my house?
Woo! These are some good ones!
Resources mentioned: Qapital– savings app. Use this link and we both get $5 towards our savings goals!
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