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Money Rehab with Nicole Lapin

"Should I Sell My House To Be More Financially Free?" (Listener Intervention)

Money Rehab with Nicole Lapin

Money News Network

Education, Self-improvement, Business

4.61.7K Ratings

🗓️ 2 May 2024

⏱️ 40 minutes

🧾️ Download transcript

Summary

Today, Nicole talks to Money Rehabber Chelsey, who wants to know whether she should sell her dream home to give herself more financial freedom. Nicole talks Chelsey through whether she's overextending herself financially with a pricey mortgage... and spoiler alert: they have a major breakthrough.

Transcript

Click on a timestamp to play from that location

0:00.0

When I'm not hosting this podcast, I am writing books, but it is really hard for me to write when I'm at home,

0:05.3

so I like to find remote cabins in the middle of nowhere to just hang out and write.

0:10.0

But I hate the idea of my house just sitting empty doing nothing but collecting dust and definitely not collecting checks.

0:16.6

And that's why I'm an Airbnb host. It's one of my all-time favorite side hustles.

0:21.0

Other popular side hustles are awesome too, don't get me wrong, but they often involve big startup costs. By hosting your space, you're monetizing what you already have access to. It doesn't get easier than that. And if you're new to the side hustle game and you're anxious about getting started,

0:34.3

don't worry because you're not in this alone. Airbnb makes it super easy to host. I mean if I could do it, you could do it.

0:40.6

And your home might be worth a lot more than you think.

0:42.8

Find out how much at Airbnb.com.

0:44.8

host.

0:46.1

I'm Nicole Lapin, the only financial expert you don't need a dictionary to

0:51.7

understand.

0:53.0

It's time for some money rehab.

0:55.0

One of my absolute favorite things to do on this show is to talk to you, my money rehabbers.

1:05.0

So I am beyond excited today to do exactly that.

1:08.0

You're about to hear a conversation I had with money rehabber Chelsea,

1:11.0

who deemed me asking,

1:12.6

should I sell my dream home to give myself

1:14.6

and my husband more financial freedom?

1:16.8

With the state of the real estate market right now,

1:18.3

I know Chelsea is not the only one thinking this.

1:20.9

So I'm taking you behind the scenes

1:22.1

into what I told her and

...

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