Jessica (Caller)

Hey.

Hi, George.

Hey, what's up?

Thank you for taking my call.

I have a

question regarding the percentage allocation that you recommend to determine how much a home or car I can afford.

Um, my paystops show the figure as my pay rate.

And I understand that that's gross.

However, when I file my taxes under earned income, it seems to be slightly lower than that, yet the actual money that comes into my account for each paycheck throughout the year is much lower.

So which figure do I use to determine how much house or car I can afford?

Yeah.

Right, right.

Because I consider take-home pay what I get in my, you know, when I add up all the money that came into my account throughout the year.

And then, you know, that makes a difference whether my decision was stupid or really stupid.

Hi, thanks so much for taking my call.

Um, I have a burning 529 question that I'm hoping you guys can help me with.

Um, so my husband and I have three teenagers, um, a senior in high school, a junior in high school and a freshman.

So all will be, you know, college ready soon.

So we've been saving since they were born.

Um, as of right now, we have $123,000 in their accounts.