Debt Pay Off Questions
Jill on Money with Jill Schlesinger
Audacy
4.6 • 1.9K Ratings
🗓️ 28 October 2025
⏱️ 21 minutes
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Summary
I'm 66 and have been retired for four years, but I still have some outstanding debt, how should I tackle?
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"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.
Transcript
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| 0:00.0 | Welcome to the Jill on Money Show. It's Tuesday, October 28th, and we're here answering your financial questions. And Mark, I just want to bring you on because we're sort of relieved here at Jill on Moneyland because as we were recording yesterday, not the 27th, but really yesterday a week ago, the Amazon Web Services system kind of blew a hole through a bunch of different websites. |
| 0:28.9 | And so there we were recording, happy go lucky that we are. |
| 0:32.4 | And at the end of the day, Mark's like, I can't get any of the thing. |
| 0:35.2 | We literally were doing like two and a half hours of recording. Mark's like, I have nothing. What happened, Mark? And it was there. Yeah, little did we know that we would be impacted by this AWS outage. But yeah, the program that we use, I mean, they had a lot of problems. Oh, boy. A lot of problems. I'm just glad that we record in advance and and I didn't need something that I had to go out, like, that day, because we would have been screwed. We totally would have been. And we are very much recording in advance, most of the time. Not like in the old days, Mark, in when we were doing the pandemic, you know, every day at the end of the close that day and waiting to the bitter end. |
| 1:12.0 | Sometimes we do now, but thankfully, not too often. |
| 1:14.7 | But I want to thank Mark, as always, for being the very best executive producer in the world. |
| 1:18.7 | So before we joined today and recording, I said, are we going to be doing five hours of |
| 1:23.7 | recording today? |
| 1:24.6 | He said, thankfully, no. |
| 1:26.3 | So, hey, were you impacted by that outage? Are you freaking out? I did a segment on CBS mornings, and I thought it was going to be like a dumb segment because I was like, oh, big deal, was out for three hours. Meanwhile, when I was affected, of course, I was like, oh, my God, big deal. But a lot of people were kind of freaked out because Robin Hood went down. |
| 1:45.3 | And you know what I have to say to that? If you're such an active trader that you cannot like deal with three hours of being |
| 1:50.6 | incapable of executing a trade, go open another account someplace. |
| 1:55.5 | Really, it's not that hard. |
| 1:57.4 | One good reminder that I will say about this, there are certain documents that you should have dupes of, both in the cloud, electronic and physical. |
| 2:07.6 | Can I just give that public service mark? |
| 2:10.1 | I think it's important to have estate documents, both digital and hard copies, wills, durable, powers of attorney, health care proxies, trusts. |
| 2:16.9 | And I think all of your |
| 2:17.9 | insurance documents, you should have both electronic as well as physical. You know, I remember when |
| 2:24.2 | those Palisades fires were raging and people like my insurance documents were in a quote |
| 2:30.5 | unquote fireproof safe, which was not fireproof. Because it's kind of hard when you have |
| 2:34.8 | like a complete meltdown of everything. So I think that's good. So remember that gang. Digital and |
| 2:40.8 | hard copies, estate documents and insurance documents. Okay, that's it. That's your public service. |
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