meta_pixel
Tapesearch Logo
Log in
Jill on Money with Jill Schlesinger

Coronavirus: Pay Off Debt or Save?

Jill on Money with Jill Schlesinger

Audacy

Self-improvement, Business, Investing, Education

4.61.8K Ratings

🗓️ 20 August 2020

⏱️ 9 minutes

🧾️ Download transcript

Summary

If you have some extra cash flow available each month, does it make sense to beef up the emergency reserve or instead pay down some outstanding debt? Have a money question? Email me here. Please leave us a rating or review in Apple Podcasts. "Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to the Jill on Money Coronavirus Market Update. It is Thursday, August 20th, and we are here to help you out.

0:13.0

If you've got a financial question, don't forget,

0:15.0

just send us an email, ask Jill at Jill on Money.

0:19.0

If you're on our website,

0:21.0

which you should be Jill on Money which you should be, Jill on Money.

0:23.5

It should be booked marked.

0:24.7

It should be right there when you open up your computer.

0:27.2

You can read columns, you can listen to past shows,

0:30.3

you can watch television appearances,

0:32.2

you can check out our resource section.

0:34.4

You can always sign up for our free weekly newsletter.

0:38.4

Comes out on Fridays and Mark does an amazing job of aggregating content that we create and others have created as well.

0:45.2

So let's get to your questions.

0:47.1

Stephanie writes, subject, where should I keep my house down payment?

0:51.8

I'm going to tell you right now. You should keep it in

0:54.3

something safe. So let's find out about Stephanie. We're saving up to buy a home, but

0:59.6

we're not going to be able to buy anytime soon. The earliest we would even think about

1:04.2

is five years from now when my husband's student loans

1:08.2

are forgiven.

1:09.8

But realistically, we probably won't buy for 15 years, because that's when Hill, if things go well,

1:15.7

retire from the military, and we'll get settled in one location.

1:19.6

Okay, so let's think, it's 5 to 15 years, let's say 15 years. I've been reading a lot most of the

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Audacy, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Audacy and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.