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HerMoney with Jean Chatzky

Mailbag: How to get out of a bad property investment and manage your finances after a raise.

HerMoney with Jean Chatzky

Jean Chatzky Her Money

Investing, Entrepreneurship, Business

4.81.3K Ratings

🗓️ 29 March 2024

⏱️ 38 minutes

🧾️ Download transcript

Summary

In this special Mailbag edition, listener Anya seeks advice on a real estate investment dilemma. She and her partner have invested in pre-construction property, but the property value has fallen, leaving them with a significant shortfall. We also hear from Christa, who recently got a new job and a big raise (go Christa)! She’s wondering how to best invest the extra money she’s getting every paycheck. In our news of the week, the consequences of paying over the manufacturer’s suggested retail price (MSRP) for a car and why the price growth of the housing market has stabilized to pre-COVID levels. Join the HerMoney community! For the latest episode drops and financial news-you-can-use, subscribe to our newsletter at Hermoney.com/subscribe! The HerMoney with Jean Chatzky podcast is sponsored by Edelman Financial Engines. The podcast team and its host are neither employees nor clients of EFE, however, the show does receive fixed compensation and is a paid endorser and therefore has an incentive to endorse EFE and its planners. To learn more about the sponsorship, please visit PlanEFE.com/HerMoney. Please contact [email protected] if you would like to advertise on our podcast, and to learn more about Airwave, head to www.airwavemedia.com. 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.

0:06.0

Are you on track for the retirement you want?

0:09.0

Now's the time to find out.

0:10.0

Schedule a free retirement review with an Edelman Financial Engines wealth planner, and they'll

0:16.0

also give you a financial plan made just for you. See if you're on track to meet your goals

0:21.0

and what opportunities you might be missing.

0:24.2

To get started, call 833 Plan EFE or visit Plan EFE.com, that's 833 Plan EFE or Plan EFE.com. This offer expires April 12th, so don't miss out, schedule yours today.

0:40.0

Hold that please, level five, thank you.

0:44.0

Ah, you must be one of our new interns.

0:46.0

Yeah, hi, nice to meet you.

0:47.0

Hi, now the most important thing to know is to Ertz in the Bipasal Rise Plugsale.

0:51.0

The most important thing is what, sorry. The single most important thing is what?

0:53.0

The single most important thing is to Wertz and the Channel Ice Bimbingus of the

0:55.8

by parcel rise plug sale and you'll be fine.

0:58.3

Uh, yeah, that sounds important.

1:01.0

Does work chat will sound like gibberish to you? Find collaborative

1:04.2

articles with tips from the LinkedIn community to help you get through those

1:07.2

tricky conversations. Making work makes make make sense LinkedIn knows how.

1:11.0

Hey everyone, thanks for joining me today on Her Money.

1:15.0

Today we bring you another of our ever popular mailbags.

1:20.0

You asked for more, so here they are.

1:22.0

We've got calls today from two of our

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