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1263: Ask Farnoosh: OK to Cash Out My Life Insurance Policy? What to Do with a $50K Windfall?

1263: Ask Farnoosh: OK to Cash Out My Life Insurance Policy? What to Do with a $50K Windfall?

So Money with Farnoosh Torabi · Farnoosh Torabi

October 8, 202131m 12s

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Show Notes

This week’s Ask Farnoosh offers advice to a listener post-divorce on ways to think about re-establishing her financial life, as well as whether it’s OK to cash out a life insurance policy to use towards buying a home. How to establish boundaries with a parent that’s financially dependent on you? And what to do with a $50,000 inheritance? (Replay from Sept 17, 2021) <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>