MoneyWise | April 16, 2019

Get Out From Under Your Timeshare

Show Notes

What’s harder to get rid of than a tattoo and can take a big bite out of your monthly budget? It seemed like a good idea at the time but now you just want to get out from under your timeshare. On this MoneyWise, Rob West and Steve Moore have some options for disheartened timeshare owners. 

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

  • If your husband was injured on the job and  received a settlement, should you use the money to pay off your $90,000 remaining mortgage balance or put it toward retirement?
  • If you're engaged and your fiancé has several student loans, should you help him pay off his debts?
  • If you have a 16-year-old house and the windows are failing, what’s the best way to pay for them?
  • If you have a 403(b), and an investment company has recommended an annuity, is that a good approach?

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