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Money Guy Show

When Should You Make Your Side Hustle Your Main Job? (With Clark Howard)

Money Guy Show

Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors

Education, Investing, Business

4.73.1K Ratings

🗓️ 18 April 2022

⏱️ 20 minutes

🧾️ Download transcript

Summary

Should you stay at your current job, or make your side hustle your main job? Clark Howard joins The Money Guy Show to help walk you through that question and more in today's Q&A episode! Subscribe on YouTube! Download FREE Financial Resources from the show Get our Net Worth Tool Now! Sign up for our Financial Order of Operations course Let’s make sure you’re on the path to financial success - then help you stay there! The Money Guy Show takes the edge off of personal finance. We’re financial advisors that believe anyone can be wealthy! First, LEARN smart financial principles. Next, APPLY those principles! Then watch your finances GROW! Visit our site for more info. Instagram Twitter Facebook TikTok Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

It's Brian Preston, the money guy, restoring order to your financial chaos, retirement,

0:07.0

investing, taxing.

0:09.0

You've got financial questions.

0:10.6

He's got financial answers.

0:12.6

It's Brian Preston, the money guy.

0:16.0

One of the things we love about what we're able to do here on the show is share positive

0:20.9

optimistic ways to do exactly what you talk about and all your stuff.

0:24.1

How do you stretch your dollars farther?

0:25.9

How do you take your dollars a little bit longer?

0:28.5

What's beautiful is we have a live chat going on right now and they're just feeding us

0:31.6

questions.

0:32.6

I have questions coming in.

0:34.6

What's the one that I'm most likely not to have any idea how they answer it.

0:40.6

There's some unique ones in here around like Burger King and that sort of thing.

0:46.6

Here's the one I'm going to start with.

0:49.2

This first question is from Andrew.

0:50.8

Andrew said, right now with what's going on in the world, is it better to refinance money

0:56.1

from a house to do some work on it like a cash out refinance or to get a home equity

1:00.6

line of credit?

1:01.6

How do I approach making that decision in this market?

1:05.8

This is a difficult time to do home rent.

1:10.3

If you can actually wait till interest rates provide some of a break on the demand, finding

...

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