Loan Pay Down vs Starting Brokerage
Jill on Money with Jill Schlesinger
Audacy
4.6 • 1.9K Ratings
🗓️ 13 November 2024
⏱️ 16 minutes
🧾️ Download transcript
Summary
With a fixed rate home equity loan at 6.5% over the next 10 years, should we focus on paying it off or should we focus on starting a brokerage account?
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Transcript
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| 0:00.0 | Using my Berkeley Card Forward Credit Card to pay for the stuff I need now |
| 0:03.2 | could help build up my credit school for the day I need something bigger. |
| 0:06.5 | So buying a set of headphones, or waits for my workout, smashed it. |
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| 1:03.8 | Welcome to the Jill on Money Show. It's Wednesday, November 13th, and we are here trying to help you |
| 1:09.2 | make better, less bad, more considered financial |
| 1:12.8 | decisions. Now, sometimes those decisions come up and they sort of spring up on you. And it's |
| 1:18.0 | hard to get a grip on that when it happens by surprise. Sometimes it's the longstanding plan and |
| 1:24.3 | something is altered. But whatever is going on in your life that touches your money, |
| 1:29.2 | we want to know how we can help you get where you want to go with as little risk or as much |
| 1:36.1 | risk as you want. It's all about you. So if you've got a question for us, go to our website, |
| 1:42.0 | jillonmoney.com, click the contact us button and write us a note. |
| 1:46.9 | And if you'd like to join us on the air live, check that box. Mark will do everything else. |
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