Ask Paula: I Tripled My Income. Now What?
Afford Anything | Make Smart Money Choices
Paula Pant | Cumulus Podcast Network
4.7 • 3.6K Ratings
🗓️ 24 May 2023
⏱️ 63 minutes
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Summary
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| 0:00.0 | Hey, Paul, I know this is probably a bad time to bring this up |
| 0:02.3 | But you remember that time that I loan you five bucks |
| 0:05.7 | Man you you didn't go that over my head. You want me to Venmo you you made a Venmo you four dollars and 99 cents? |
| 0:11.3 | No, the full five bucks would be great because I don't want to come in after you for that last penny |
| 0:16.2 | You know inflation adjusted. I mean, but you're losing out |
| 0:20.4 | Well, it could be with the 10% interest I've been charging for the past like six years since what |
| 0:25.4 | I think that drink it fincon six years ago. Remember that |
| 0:29.6 | for what for 99 cents |
| 0:33.7 | Speaking of people who loan people money, but then hold it over their heads |
| 0:36.8 | We're gonna be talking about that |
| 0:40.7 | For shadowing we're gonna be talking about that as well as many other questions on today's episode |
| 0:46.3 | Welcome to the afford anything podcast the show that understands you can afford anything |
| 0:50.8 | But not everything every choice that you make |
| 0:53.5 | Carries a trade-off and that applies to your money to your time to your energy to any limited resource that you need to manage |
| 1:00.2 | Now every other episode we answer questions that come from you the community |
| 1:04.6 | My name is Paula pant and the host and my buddy Joe Salcihi joins me to answer these questions. You're a former financial planner Joe |
| 1:10.6 | I am and I'm apparently a loan shark |
| 1:14.8 | Right and speaking of awkward loan situations that might |
| 1:20.6 | Impact the relationship between two people our first caller has this to say |
| 1:31.3 | This is anonymous I live in Jacksonville, Florida. I'm 26. I make about 77 grand and |
| 1:40.8 | Right now I am renting an apartment with my roommate. We've had just really insane |
| 1:47.2 | Increases in our rent costs like 17% last year and it's gonna be 7% this year |
... |
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