Ask HTM - Jumbo Down Payments, Insufficient 25% Savings Rate, & a Failure to Financially Launch #1153

We’re kicking off the week by answering your listener questions! And if you have a question that you’d like for us to answer on the show, we’d love for you to submit your own via HowToMoney.com/ask , send us your voice memo. Regardless of how random or bizarre you might think it is, we want to hear it!   1 - Jumbo downpayment: What’s the downside of putting down more on a house in order to reduce my monthly payment? 2 - Saving rate stress: Should I worry about contributing to my Roth if I’m already investing 25% of my income via my 401k? 3 - Roboadvisor: Is it worth paying the extra .2% for the Vanguard roboadvisor or should I rebalance on my own? 4 - Failure to financially launch: What do I do about my adult son who has ruined his credit, only recently landed a solid job, and now wants to buy a house?   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Credit card perks: Check out our favorite credit cards that we use to maximize rewards and optimize our spending. Other money nerds: Find a thriving community of fellow money nerds by joining the HTM Facebook group! Newsletter: Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Money Gears: knowing what to do with your money is crucial to your personal finance journey. MG7: and maybe you’re well on your way to financial independence but you’re looking for some financial reassurance, that’s when heading over to HowToMoney.com/Advisor and getting matched with a highly vetted financial advisor makes sense. During this episode we enjoyed a Whale Fall by Creature Comforts! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.