1521: Ask Farnoosh: Cash-Out Refis, Investing in Your 50s and Getting Out of Debt Fast
So Money with Farnoosh Torabi
Farnoosh Torabi
4.7 • 2K Ratings
🗓️ 2 June 2023
⏱️ 29 minutes
🧾️ Download transcript
Summary
Audience questions this week: What's more financially beneficial: a cash-out refinance or a home equity loan? How to ramp up investing for retirement in your 50s? And what are some ways to eliminate credit card debt sooner than later?
- Pre-order A Healthy State of Panic to receive Farnoosh's free online program, Scared Smart.
- Book Farnoosh for a virtual speaking event here.
- For help getting out of debt, check out www.nfcc.org
Learn more about Farnoosh's upcoming literary workshop Book to Brand. Early bird registration is now open!
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Transcript
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| 1:00.0 | So money episode 1521 asks for news. |
| 1:04.0 | You're listening to So Money with award-winning money guru Farnoosh Karabi. |
| 1:09.0 | Each day in a 30-minute dose of financial inspiration from the world's top business minds, authors, influencers and from Farnoosh herself. |
| 1:18.0 | Looking for ways to save on gas or double your double coupons? |
| 1:22.0 | Sorry, you're in the wrong place. Seeking profound ways to live a richer, happier life. Welcome to SO Money. |
| 1:30.0 | Welcome to SO Money everybody. I'm Farnoosh Karabi. |
| 1:34.0 | It is Ask Farnoosh Friday and today we're going to be tackling your money questions about whether or not to do a cash out refinancing, |
| 1:42.0 | whether to continue contributing to a 401k, prioritizing emergency savings, versus retirement savings, |
| 1:50.0 | and then smart ways to get out of credit card debt quickly before we get to all of that. |
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