Ask HTM: Rent or Buy a Car for Trips, Saving Money with Pet Health Insurance, and Reducing Student Loan Minimum Payments – Episode 160

January 27, 2020

This week on the podcast we’re answering your questions!

  1. Our family has outgrown our current car so our multiple road trips every year are getting cramped. Should we purchase a new (used) car, or rent a larger vehicle as needed?
  2. Does the 5 year holding period apply to my contributions of my Roth IRA?
  3. Should I purchase pet insurance?
  4. I’d like to save up a down payment for a home but I’m also currently paying down debts using the debt snowball method. What should I do?
  5. I have student loans and I also qualify for Public Service Loan Forgiveness- how can I reduce the minimum amount that I owe every month?

And if you have a question for us, we’d love for you to submit your own via HowToMoney.com/ask/

Additional resources:

During this episode we enjoyed a King Sue by Toppling Goliath Brewing – a big thanks to Joe in Minnesota for donating this beer to the show! And if you enjoyed this episode, be sure to subscribe and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to spread the word to get more people doing smart things with their money!

Best friends out!

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One comment on “Ask HTM: Rent or Buy a Car for Trips, Saving Money with Pet Health Insurance, and Reducing Student Loan Minimum Payments – Episode 160

  1. Mike Pickwick Jan 27, 2020

    Hey guys…great episode! Love hearing all the questions that other people have and the options/advice you cover.

    Wanted to talk about the King Sue beer you had on the show. “Sue” was (maybe still is) the largest, most complete T-Rex skeleton ever found. It’s on display in a museum in Chicago… there’s a documentary about it too.

    Anyhow, figured I’d let you know….closing in on 50 and I’m still into dinosaurs. 😁

    Now off to find out where I can find that beer in Mass. Cheers!