Ask Paula -- Help! I'm Underwater on My Car!

#116: Stacy and her boyfriend would like to downsize to one vehicle. But they're collectively $14,500 underwater on 2 car loans. Rachel earns $65k, contributes 20% to retirement, owes $19k on a car loan and $170k on student loans. There are just a few of the listener voicemails I answer with Joe Saul-Sehy on today’s episode. Enjoy! For more information, visit the show notes at http://affordanything.com/episode116

Om Podcasten

You can afford anything, but not everything. We make daily decisions about how to spend money, time, energy, focus and attention – and ultimately, our life. How do we make smarter decisions? How do we think from first principles? On the surface, Afford Anything seems like a podcast about money and investing. But under the hood, this is a show about how to think critically, recognize our behavioral blind spots, and make smarter choices. We’re into the psychology of money, and we love metacognition: thinking about how to think. In some episodes, we interview world-class experts: professors, researchers, scientists, authors. In other episodes, we answer your questions, talking through decision-making frameworks and mental models. Want to learn more? Download our free book, Escape, at http://affordanything.com/escape. Hosted by Paula Pant.