How to Access Your Home Equity to Pay Off Your Credit Card Balance

Is early retirement healthcare crushing your budget? Are you tired of getting your standard two percent raise every year? What do you do when a “friend” borrows money and never pays you back? Some personal finance questions aren’t easily answered online. Instead, you need time-tested money experts to give their takes on the best moves to make. And in today’s episode, Mindy and Scott will do just that, taking questions from BiggerPockets Money listeners and answering them so you can reach financial freedom faster.

This time, we’ve got a couple of uncomfortable positions you probably wouldn’t want to be in. One listener has a friend who asked for a loan and then almost immediately stopped paying, with the “friend” never to be seen again. Another question concerns a parent wanting to be paid back for student loans they took out in their name. Mindy and Scott then share a creative way to pay off credit card debt and give options on the BEST place to find post-retirement (but pre-sixty-five years old) healthcare. Finally, Scott puts on his CEO hat and shows you exactly how to ask for a raise!

Got a money question you want to ask Mindy and Scott? Head over to the BiggerPockets Money Facebook group, or click here to submit your question on our next Q&A episode!

In This Episode We Cover

What to do when someone owes you money (and WON’T pay it back)

Student debt and whether or not you’re responsible for the loans your parents took out

Early retirement health insurance and how to find affordable coverage before Medicare kicks in

Knowing your market value and what to do when your employer can’t pay you more

How to ask for a raise and the easiest way to identify whether you’re “essential” or not

Creative ways to pay off your credit card debt when interest rates are high

And So Much More!

Links from the Show

BiggerPockets Money Facebook Group

BiggerPockets Forums

Finance Review Guest Onboarding

Join BiggerPockets for FREE

Scott's Instagram

Grab Scott’s Book, “Set for Life”

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Apply to Be a Guest on The Money Show

Podcast Talent Search!

Listen to The Real Estate InvestHER Show

Join The Real Estate InvestHER Community on Facebook

Register for an Upcoming InvestHER Event

Money Moment

Millennial Revolution Part 1

Millennial Revolution Part 2

Erin Lowry on Asking for a Raise

18 Options for Healthcare in Early Retirement with Lynn Frair

How to Ask for a Raise (and Actually Get It!) w/Kassandra Dasent

Submit your question for our next Q&A episode

Click here to check the full show notes: https://www.biggerpockets.com/blog/money-435

Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email us: moneymoment@biggerpockets.com

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