Bonus Mailbag #4

HerMoney with Jean Chatzky

Jean Chatzky Her Money

Investing, Entrepreneurship, Business

4.8 • 1.3K Ratings

🗓️ 10 November 2017

⏱️ 17 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In this Mailbag-only episode, we're talking about taking on a mortgage in retirement, buying a new car, using rewards credit cards strategically and more. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	You're listening to an airwave media podcast.
0:04.0	Her money is supported by Fidelity Investments.
0:07.0	Together we're here to a Her money is supported by Fidelity Investments.
0:13.0	Together we're here to empower, educate, and encourage women to start talking about money.
0:19.0	Discover more at fidelity.com slash It's Time.
0:23.0	Her money comes to you through PRX. Hey everybody welcome
0:37.0	Welcome to her money our mailbag overfloweth yet again which is wonderful we love it when we get lots of questions and
0:45.6	emails from you but sometimes just gets to the point where Kelly and I feel like
0:49.8	there are a lot and it's time that we take a little bit of extra time to answer them.
0:54.5	And so that is what we're doing today.
0:56.9	Hi Kelly.
0:57.6	Hi, Jean, hi everyone.
0:58.8	Thank you so much for all of your questions.
1:00.4	I just wanted to second that.
1:02.4	And our first question is from Nancy.
1:04.0	She writes,
1:05.0	We are moving to Florida and my husband wants to retire.
1:08.0	Do we buy a home for cash up to $200,000 or do we get a mortgage?
1:12.0	My daughter is 18 and will be going to college in Florida. I don't know what to do. What do you think she should do?
1:18.0	I think that it depends where you are in your stage of life.
1:26.1	I'm a big fan, and we've talked about this before,
1:28.4	of retiring the mortgage when you retire yourself.
	...

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