Ask HTM - Renovating While Paying Off Student Loans, 529 Strategy For Immediate Use, & Popular Banks Get Downgraded #718

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 - How much cash should I keep liquid as I’m looking to renovate my home and pay off student loans? 2 - Are medical expenses incurred by my family members reimbursable via my health savings account, decades into the future? 3 - As a recent divorcee, should I use my emergency fund or a maturing CD to eliminate my credit card debt? 4 - Should I be concerned that my bank received a “negative outlook” by Moody’s? 5 - I’m getting my MBA and am wondering if I should save up those tuition dollars in a 529 account or my high yield savings?   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a These Are Depictions of Yet Another Revolutionary Absence, which was a collaboration by Burial & 8th State! 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.