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EP173 – How to deal with inflation; Is now a good time to open retirement accounts?; Update on the real estate market

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Inflation is high, fuel prices are climbing once again and everyone is stressed. We will bring assurance that if you stick with the plan you will be fine. Answering your questions without bias or advertiser influence. Questions sent into us this week with a common theme around the rising cost of living, looming inflation, gas prices, housing markets, stock market and more. We have received so many positive comments about these episodes. If you have a question for us please email to podcast@rocklandusa.com

**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, the hubs and I have made an aggressive goal to go after our credit card debt. 🎉 Thoughts on paying off the actual high interest credit card with our low interest HELOC and then hitting that aggressively?

QUESTION 2
Can’t seem to get it right. Car broke down and was already paid for. Instead of repairing the motor for $5000 I purchased another car. Now struggling with the note and other bills. Don’t know what to do. I’m retired and on fixed income. Suggestions please

QUESTION 3
Looking to start a savings account for my young daughter that doesn’t charge monthly fees. What are the best options? Currently bank with Chase.

QUESTION 4
Question, iis it a bad idea to open a Roth IRA right now with the economy the way it is?

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