MoneyWise


Driving for Dollars

August 23, 2018

By some estimates as many as 10 million people worldwide are now driving for Uber and Lyft, the two main players in the ride sharing industry. Maybe this is just the ticket to earning some spare cash in your spare time. On this edition of MoneyWise, Rob West and Steve Moore show us some things to consider before we join the ride sharing game. 

Next, they answer your questions at (800) 525-7000 and questions@moneywise.org about the following: 

  • If you were divorced earlier this year and will be receiving a settlement of near $300,000, can that be enough to last the rest of your life?
  • Is it a wise idea if you and your spouse are considering buying a house and for your parents to rent? 
  • If you pay off your house with an inheritance, should you put the remainder into retirement? 

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