Carmen’s lightning round! Personal finance advice for all
Here at Marketplace Money we get way more questions than we could ever hope to answer. That’s why we created the Lightning Round. This week:
Kate asks:
“My husband and I owe $42,000 in car loans and medical debt. Hubby makes $96,000 a year. I want to own a house one day. My husband’s family feels we should file for bankruptcy. Do you agree?”
Chris on Facebook asks:
“What makes a home valuable? How about simply liking to live there?”
Sarah sent us an email:
“I have over $40,000 in college debt. I am expecting my first child in January and want to make a solid plan to pay back my loans. Is consolidation a good idea?”
Matthew asks:
“My mom is a pleaser; she’d prioritize happiness over pretty much anything else and the credit card balances showed that. Dad on the other hand has no problem saying no; when he handles the money, everyone knew exactly when the money was gone. Who was right?”
Denise asks:
“What is your budgeting advice for people like real estate agents who are only paid when a sale is completed? Is there a formula for how much to save, how much to put away for taxes, how much to pay off bills?”
Heather asks:
“I recently heard about this blog called www.MrMoneyMustache.com, written by a guy who retired at 30 and who says we all could do it too. My question: Can you interview him on the show?”
Tom on Facebook asks:
“I own a small business, of which my wife and I are the only employees. How does Obamacare affect us?”
And more!
To ask your own questions, leave us a Marketplace voicemail comment:
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