In this Flashback Friday Brown Ambition Q&A, Mandi and Tiffany tackle two big money dilemmas listeners are facing right now: whether to borrow from a 401(k) to pay off debt, and how to make the most of a 200K inheritance without blowing your shot at building generational wealth.

In the first question, they break down when a 401(k) loan can make sense, the major risks if you leave your job, how balance transfer cards and personal loans compare, and why lenders are often “betting against” your behavior with these products.

Then they dig into Erica’s inheritance and walk through the tradeoffs between paying off a low‑rate mortgage versus using that cash for an investment property or other investments. They talk through landlord realities, using home equity to scale a real estate portfolio, and why parking a windfall in cash for a few months while you build a plan with a financial pro can be the smartest move.

Send your money, career, and business questions via DM to @brownambitionpodcast on Instagram or email us at brownambitionpodcast@gmail.com.