You can afford anything but not everything. Every choice that you make requires a trade-off,

saying yes to one thing, implicitly means saying no to something else. And that doesn't

just apply to your money that applies to any limited resource that you need to manage,

such as your time, your energy, and your attention. The concept of afford anything is the

concept of opportunity cost, and that opens up two questions. Number one, what matters most to you?

And number two, how do you align your daily decisions to reflect that? Answering these two

questions is a lifetime practice, and that is what this podcast is here to explore. My name is

Paula Pat. I am the host of the Affordable Care Podcast, and today I'm answering questions from

you, the community. Here's what we're going to tackle. Brianna and her husband want to buy a

home, but they don't yet have enough saved for a down payment. They also have student loan debt

and a car loan, so what should they prioritize? Javier is sick of being in debt. What can he do to

put himself in a better situation? Tracy wants to buy her first rental property, but she has student

loans and a car loan to pay off. If she gets $20,000 from a cash out refinance against her primary

residence, how should she use this money? So these first three questions are all going to cover,

how do you prioritize paying off debt with making investments? After that, we're going to answer a

question from Venita, who wants to start a nonprofit organization in memory of her uncle.

How should she begin? Finally, we'll hear from Margie, who went under contract on a primary

residence that's listed as a six bedroom, but then she found out legally it's a four bedroom.

So what should she do? Should she renegotiate the price? Should she ask for credits?

What happens when something comes up during due diligence that you don't expect? What next?

We're going to answer all of these questions in today's episode and we have the timestamps for

every question listed on the show notes page. So if you want to summary of the questions and

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