Ask Paula: I Make $50,000; How Can I Buy a House?
Afford Anything | Make Smart Money Choices
Paula Pant | Cumulus Podcast Network
4.7 • 3.6K Ratings
🗓️ 28 June 2021
⏱️ 74 minutes
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| 0:00.0 | You can afford anything but not everything. |
| 0:10.6 | Every choice that you make is a trade-off against something else, and that doesn't just |
| 0:13.5 | apply to your money. |
| 0:14.6 | That applies to your time, your focus, your energy, your attention. |
| 0:18.7 | Anything in your life that's a scarce or limited resource, saying yes to something implicitly |
| 0:22.7 | means that you're saying no to all other opportunities. |
| 0:26.0 | And that opens up two questions. First, what truly matters. Second, how do you align your |
| 0:31.5 | decision making to reflect that which truly matters? |
| 0:35.9 | Answering those two questions is a lifetime practice, and that is what this podcast is |
| 0:39.1 | here to explore. My name is Paula Pat. I am the host of the Affordable Care Foundation |
| 0:42.2 | podcast. Every other episode, I answer questions that come from you, the community, and I do |
| 0:47.3 | so with my buddy, the former financial planner, Joe Salcihi. What's up, Joe? |
| 0:52.0 | Paula, I'm about to get into my happy place. |
| 0:54.4 | I think it's your happy place, too, isn't it? We get to talk with your community, answer |
| 0:58.9 | some questions, do a group hug, make some people some money, help them avoid traps. |
| 1:05.1 | Yes, exactly. Exactly. We get together and talk to people about financial literacy, about |
| 1:10.4 | building wealth, about making money, saving money, using their money better, not getting |
| 1:15.5 | ripped off. In fact, the first question that we're going to tackle. |
| 1:18.4 | Yeah, look at that segue. |
| 1:20.9 | This question that we're going to tackle comes from a guy named Nick who was wondering in |
| 1:25.9 | the world of real estate investing, how to not get ripped off. Here are the specifics of |
| 1:31.2 | his question. |
... |
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