Understanding Investment Accounts: IRAs and Brokerage Accounts Explained In the 12th episode of the Melby Money Show, host Shaun Melby delves into the world of investment accounts, essential for effective financial planning. The episode focuses on Traditional IRAs, Roth IRAs, and brokerage accounts, discussing their unique features, benefits, and drawbacks. The episode also covers current events including the impact of a Chinese AI company, DeepSeek, on the tech industry, and broader economi...
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Understanding Investment Accounts: IRAs and Brokerage Accounts Explained In the 12th episode of the Melby Money Show, host Shaun Melby delves into the world of investment accounts, essential for effective financial planning. The episode focuses on Traditional IRAs, Roth IRAs, and brokerage accounts, discussing their unique features, benefits, and drawbacks. The episode also covers current events including the impact of a Chinese AI company, DeepSeek, on the tech industry, and broader economi...
Episode 11: Debt Repayment Showdown: Snowball vs. Avalanche!
Melby Money Show
14 minutes
9 months ago
Episode 11: Debt Repayment Showdown: Snowball vs. Avalanche!
In the 11th episode of the Melby Money Show, host Shaun Melby dives into debt repayment strategies with a focus on the debt snowball and debt avalanche methods. The episode explains the psychological benefits of the debt snowball approach, which emphasizes quick wins by paying off smaller debts first, and contrasts it with the debt avalanche strategy, which targets high-interest debts to minimize total interest paid over time. The discussion also includes an exploration of current financial e...
Melby Money Show
Understanding Investment Accounts: IRAs and Brokerage Accounts Explained In the 12th episode of the Melby Money Show, host Shaun Melby delves into the world of investment accounts, essential for effective financial planning. The episode focuses on Traditional IRAs, Roth IRAs, and brokerage accounts, discussing their unique features, benefits, and drawbacks. The episode also covers current events including the impact of a Chinese AI company, DeepSeek, on the tech industry, and broader economi...