471-Friday Q&A: What's the Best Type of Retirement Plan for my Wife's Side Business, How Can I Help My Sister-in-Law Who is Asking me for Financial Advice, Should I Pay Off My Debt as Fast as Possible or Save Up and Pay it Off in Large Chunks?

471-Friday Q&A: What's the Best Type of Retirement Plan for my Wife's Side Business, How Can I Help My Sister-in-Law Who is Asking me for Financial Advice, Should I Pay Off My Debt as Fast as Possible or Save Up and Pay it Off in Large Chunks? Joshua Sheats 52:26

On Fridays, I host a Q&A call. Patrons of the show are invited to call in and ask any question they want!

Today, we cover:

(1:57) What’s the best type of Retirement plan for my wife’s side business? (SEP IRA, SIMPLE IRA, Solo 401(k)?)
(16:45) How can I help my sister-in-law who is asking me for financial advice?
(30:20) Should I pay off my debt as fast as possible or save up and pay it off in large chunks of money?

Joshua

Become a Patron of the show and gain access to future Q&A shows here: www.radicalpersonalfinance.com/patron

Joshua Sheats Teacher, Host, Broadcaster, Entrepreneur

Joshua J. Sheats, MSFS, is the world's leading authority on integrating lifestyle goals and money goals without conflict. He teaches normal people how to seamlessly connect the science of financial planning with the joy of goal achievement.

Joshua is dedicated to helping normal people achieve financial freedom by merging creative (and crazy) ideas from the world of personal finance with the academic integrity of formal financial planning. He simplifies complex money topics and makes boring financial mumbo-jumbo less boring.