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Question:
I already have $30,000 worth of loans from my first degree. Should I keep working minimum wage dead end jobs to pay off this debt or work on getting into a field that will provide financial stability?
My advice:
- Continue working your current job and look for a new opportunity.
- Save money for the next 6 months to a year.
- Go back to school to launch a new career.
Live Rich,
David Bach
Visit msnbc.com for breaking news, world news, and news about the economy
Check out the latest video I did for Today.com!
Question: I’d really like to find a credit card that has the best airline mile rewards. I won’t be traveling much, so the miles are going to be saved up for big trip purchases. Do you have any suggestions for a card great accumulating no hassle miles?
Answer:
- Pick a generic credit card with a variety of point offers
- Look at how many points you get per dollar you spend
- Check out CreditCard.com to compare card offers
- Check your mail for good offers!
Hope this info helped you!
Live Rich,
David Bach
Visit msnbc.com for breaking news, world news, and news about the economy
Make sure to check out my latest video from Today.com about ways to save when it comes to Holiday Shopping! I discuss my Top 4 Tips on how you can save BIG this Holiday Season, then we take some tips from Today Show Viewers on their ways to save!
MY TOP 4 TIPS -
1) Create a holiday shopping budget – from the very beginning!
2) Make a list for the people you MUST buy gifts for.
3) Shop online at stores like amazon.com (that’s where I do the majority of my shopping.)
4) Shop early to get the best bargains!
Live Rich,
David Bach
Visit msnbc.com for breaking news, world news, and news about the economy
Hi all,
Each week, for the next 8 weeks, I will be answering questions from viewers of NBC’s TODAY Show on TODAY.com. Check out my first Q&A on the topic of debt consolidation. Get my advice on consolidating debt from multiple credit cards and then learn the mistakes many people make when doing it.
Live Rich,
David Bach
