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Category: Ask the Money Guy

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Do I Need to Invest $22,500 to Max Out Retirement as a Low Earner?

If you are not a high earner and are unable to maximize your 401(k), are you ever able to complete…

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What Should You Do If You Bought a Car the WRONG Way?

Not everyone buys a car the right way. What should you do if you bought a car the wrong way…

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How Do I Prioritize Kids’ College vs. Retirement?

How do you balance investing for your child’s college educations vs. saving for your own retirement? Is one more important…

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Is Tesla a Luxury Car Brand? (Here’s the Truth)

With government tax credits, Tesla cars are now more affordable. Does this mean Tesla is no longer a luxury vehicle?…

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Should We Sell Our Current House When Upgrading to a New Home?

When you purchase a new house, you have a few different options on what to do with your old house.…

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How to Make the RIGHT Choice Between Buying a Used or New Car

Normally it is financially better to buy a used vehicle instead of new. However, in the unique times we’re in…

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Should I Dollar-Cost Average If I’m Close to the Roth IRA Contribution Limit?

If you don’t know whether or not you will be over the limit to contribute to a Roth IRA, should…

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Is It Okay to NEVER Own a Home?

Is it okay to NEVER own a home? If you move frequently, it may not make sense to buy a…

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Watch Out for These Pitfalls When Going Full-Time with Your Side Hustle

If you are looking to take your side hustle full-time, what are some pitfalls and traps you should be thinking…

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