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EP154 – Should you self insure your auto insurance?; Can you get rich making less than $100k per year?; Tips for new real estate agents

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We have a great lineup of your social media questions. We have received so many positive comments about these episodes. If you have a question for us please email to podcast@rocklandusa.com

We begin with a little financial talk on what the Island Boys should be doing with their new-found fame money before the flame runs out. We then get into your questions and comments!

**This post may contain affiliate links, and we may be compensated if you make a purchase after clicking on the affiliate and/or partner links.

QUESTION 1

So I’m new to the group probably a month or so ago and I ve always seen these little videos about if you allocate $150 a month for 8 yrs to an account and have the compounding interest that by time you retire you’ll have a good amount of cash in the bank. My question is which account do you put the money in or any ideas? I’m finally at the point where I can do it , just looking for the right place to put the money

QUESTION 2

Question for Amanda. My wife is going to school for her Real Estate license and I wanted to know some tips honestly that could get her a jump start for when she begins. Asking this early in case some of the tips take time.

QUESTION 3

How do you feel about being self insured for your auto insurance?

QUESTION 4

Can someone who makes less than 100K per year become well off or rich without significantly increasing their income if they invest properly? I’m 44, unmarried, no kids. Earn $80K. Have $35K left in student loan debt.

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