Preet, our Ultimate Expert Challenge winner is here to answer your money questions.
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Due to the high volume of questions that we receive, we are unfortunately not able to post answers to every question. Answers will be posted here, so check back weekly!

Preet Banerjee Q&A

Line of Credit
Q:Would you recommend taking out a line of credit?
A:
Many people believe there are three types of debt: bad debt, good debt and “best” debt.   Bad ...  Read More
Rent vs. Buying
Q:Would you recommend buying a condo, or should I keep renting?
A:
Condo fees can be steep, but are not created equal. When scoping out properties make sure to note do...  Read More
Saving for A Child's Education
Q:I want to start saving for my children’s education, should I start now?
A:
This is a perfect question to demonstrate the power of compound growth. Essentially, the earlier you...  Read More
Paying Off Multiple Credit Cards
Q:Should I focus on paying off one credit card at a time, or should I contribute equally to all 3?
A:
One thing that is important is to take the money that you were paying to any cards that get paid off...  Read More

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