84: Ask Farnoosh: How Do I Get Rid of My Timeshare?

So Money with Farnoosh Torabi

Farnoosh Torabi

Entrepreneurship, Business

4.7 • 1.9K Ratings

🗓️ 5 April 2015

⏱️ 21 minutes

🔗️ Recording | iTunes | RSS

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Summary

Does saving money for my child's college education lower my chances of getting financal aid? And what the heck do I do with my stinkin' time share? I want to sell it! Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	So Money episode 84, Ask Farnush.
0:05.6	You're listening to So Money,
0:07.1	with award-winning Money Guru Farnush-Torabi.
0:10.1	Each day, get a 30 minute dose of financial inspiration from the world's top business minds,
0:15.2	authors, influencers, and from Farnuus herself.
0:19.5	Looking for ways to save on gas or double your double coupons?
0:23.2	Sorry, you're in the wrong place.
0:25.3	Seeking profound ways to live a richer, happier life.
0:28.7	Welcome to So Money.
0:29.8	Welcome, Welcome back to So Money everyone. I'm your host for Nus to Robbie.
0:37.0	Happy weekend Sunday, April 5, 2015. Happy Easter Passover.
0:43.0	Hope you're enjoying your weekend with your family and your friends.
0:46.0	I'm looking forward to answering your questions today.
0:49.0	Lots and lots of inquiries coming through the So Money Podcast.com website and I'm loving hearing from all of you.
0:56.0	Thank you so much for your for your support. Let's start now with a question from
1:03.4	Rom. Rom says I am married and I have two kids ages 8 and 3
1:08.4	I haven't saved for any amount of their education I heard if I saved money for college that they will not get any
1:15.1	financial aid. Is this true? Please suggest the best ways to save for their college
1:20.8	education. Well simply that's just not true. It's actually a
1:25.4	pretty widespread myth that there is a penalty for saving money for your child's
1:30.6	college education that college savings plans are available only for
1:34.8	wealthy families or that a family will qualify for more need-based aid if they don't save for college.
	...

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