{"id":3293,"date":"2022-03-23T16:23:01","date_gmt":"2022-03-23T20:23:01","guid":{"rendered":"https:\/\/rockonthemoney.com\/?post_type=podcast&p=3293"},"modified":"2022-03-23T16:23:02","modified_gmt":"2022-03-23T20:23:02","slug":"ep162-listener-with-a-20000-tax-refund-budgeting-for-sky-rocking-gas-prices-how-to-save-for-a-home","status":"publish","type":"podcast","link":"https:\/\/netcast.one\/rotm2\/podcast\/ep162-listener-with-a-20000-tax-refund-budgeting-for-sky-rocking-gas-prices-how-to-save-for-a-home\/","title":{"rendered":"EP162 – Listener with a $20,000 tax refund; Budgeting for sky rocking gas prices; How to save for a home"},"content":{"rendered":"\n


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<\/p>\n\n\n\n

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!<\/p>\n\n\n\n

**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.<\/p>\n\n\n\n

QUESTION 1<\/strong>
<\/p>\n\n\n\n

My tax refund check is about $20,000. I will use $1,000 to contribute to my emergency . With the rest should I apply it towards another savings account after I pay off my debt ? What type of savings account? We didn\u2019t file for 3 years. I have one son. My Husband and I filed jointly. I do not work. I did not know it was bad to get a huge tax refund.<\/p>\n\n\n\n

Debt
1. Phones
2. Best Buy
3. Capital one

We own both vehicles and rent a house. We have the option to private purchase with a $4,100 down payment. Total house with down is $35,150.<\/p>\n\n\n\n

QUESTION 2<\/strong>
How are you all dealing with inflation’s impact on your living expenses? This is throwing a wrench in my budget.<\/p>\n\n\n\n

QUESTION 3<\/strong>
Is it better to invest in different funds or an all in one fund to get the four different categories that Dave Ramsey recommends?<\/p>\n\n\n\n

QUESTION 4<\/strong>
What do y’all think i should do? We rent and started saving for a home for the future. Should we save separately for a home and our regular savings? So skip step 6 and start seven? And what we save in step 7 we can use to buy a home?<\/p>\n\n\n\n

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Website: <\/strong>https:\/\/netcast.one\/rotm2\/<\/strong><\/a>
Subscribe to the podcast – all links located here: <\/strong>https:\/\/linktr.ee\/rocklandusa<\/strong><\/a>
Call us with your questions : 989-888-ROCK (7625)<\/strong>
Facebook Group: <\/strong>https:\/\/www.facebook.com\/groups\/your401k\/<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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 […]<\/p>\n","protected":false},"author":1,"featured_media":2950,"menu_order":0,"comment_status":"open","ping_status":"closed","template":"","meta":{"episode_type":"audio","audio_file":"https:\/\/netcast.one\/rotm2\/wp-content\/uploads\/2022\/03\/ROTM-EP162.mp3","cover_image":"","cover_image_id":"","duration":"21:04","filesize":"21 MB","date_recorded":"2022-03-23","explicit":"","block":"","itunes_episode_number":"162","itunes_title":"Listener with a $20,000 tax refund; How to budget for inflation and skyrocking gas prices!; How to save for a home","itunes_season_number":"","itunes_episode_type":"full","filesize_raw":"21586123"},"tags":[119,326,395,421],"series":[234],"coauthors":[284],"episode_featured_image":"https:\/\/netcast.one\/rotm2\/wp-content\/uploads\/2020\/10\/ROTM-EP82-mp3-image.jpg","episode_player_image":"https:\/\/netcast.one\/rotm2\/wp-content\/uploads\/2020\/04\/album-rockonthemoney1410-10.jpg","download_link":"https:\/\/dts.podtrac.com\/redirect.mp3\/netcast.one\/rotm2\/podcast-download\/3293\/ep162-listener-with-a-20000-tax-refund-budgeting-for-sky-rocking-gas-prices-how-to-save-for-a-home.mp3","player_link":"https:\/\/dts.podtrac.com\/redirect.mp3\/netcast.one\/rotm2\/podcast-player\/3293\/ep162-listener-with-a-20000-tax-refund-budgeting-for-sky-rocking-gas-prices-how-to-save-for-a-home.mp3","audio_player":"\nhttps:\/\/dts.podtrac.com\/redirect.mp3\/netcast.one\/rotm2\/podcast-player\/3293\/ep162-listener-with-a-20000-tax-refund-budgeting-for-sky-rocking-gas-prices-how-to-save-for-a-home.mp3<\/a><\/audio>","episode_data":{"playerMode":"dark","subscribeUrls":[],"rssFeedUrl":"https:\/\/netcast.one\/rotm2\/feed\/podcast\/rockonthemoney","embedCode":"

EP162 – Listener with a $20,000 tax refund; Budgeting for sky rocking gas prices; How to save for a home<\/a><\/blockquote>