Preet is no longer taking questions at this time, but please check out his current archive of Q&A!

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