Another week, another show! Press play and listen as Pete and Damian weigh the HELOC vs. the ‘Double Move.’ Yes, it’s HELOC, not to be confused with a mythical Master of the Universe. Can’t listen? Check the Notes.
- HELOC means Home Equity Line of Credit. (Want more HELOC? Here’s another story just for you.)
- Have an end-game in mind, then set about finding financial options to make it happen. In other words, it’s helpful to know what you want and know what you want to avoid. It makes narrowing your options much easier.
- LIFEHACK: (Assuming plans are in place), put your house on the market, take a well-timed vacation, stow your housewares in a POD and have them waiting for you at the new place when you return.
This one includes a BONUS feature on a particularly bad idea for Emergency Funds. Learn why. You’ve got to click play on this one!
Peter Dunn a.k.a. Pete the Planner® is an award-winning financial mind and a former comedian. He’s a USA TODAY columnist, author of ten books, and is the host of the popular radio show and podcast, The Pete the Planner Show. Pete is considered one of the foremost experts on financial wellness in the world, but he’s just as likely to talk your ear off about bass fishing.