About this episode

The episode discusses whether doctors should remodel their homes or relocate, exploring the financial and emotional implications of each choice.

When you need an extra bedroom and a bathroom remodel, it is incredibly easy to turn a lifestyle dilemma into a stressful math equation. Nate Reineke and Chelsea Jones look at a question from a double-doctor family in Virginia who have been in their home for three years and absolutely detest the idea of packed boxes and changing neighborhoods, but feel guilty about the massive price tag of remodeling. We break down why this might not be a a financial question at all and how he real choice comes down to which type of chaos you prefer: the brutal inertia of moving your kids to a new school district, or living in a dusty construction zone for a summer. We also answer your colleagues' questions. An oncologist in Washington says, “Everybody online is saying I should pay my student loans off as fast as possible, then start investing. I am not overly concerned about my loans, but I don’t want to do the “wrong” thing. Should I invest or pay down my student loans aggressively?” A Double Doc family in West Virginia asks, “We are receiving a surprise increase in income this summer (additional $75k per year between the two of us). What should we do with the extra cash?” A Double Doc family…

People in this episode

Host: Nate Reineke

Guest: Chelsea Jones

Topics covered

• remodeling
• relocation
• financial decisions
• family dynamics
• student loans
• budgeting

Keywords

• remodel
• relocate
• student loans
• budgeting
• family finances
• financial advice
• home improvement

Mentioned in this episode

Places: Virginia, Washington, West Virginia, Florida

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