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Ask HTM - Stiff Credit Card Surcharges, Slashing Student Loan Payments, & Multi Family House Hacking #877

How to Money

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Navigating Life Insurance and Student Loans

This chapter compares term life insurance with whole life insurance, advocating for the cost-effectiveness of term policies while cautioning against complex financial products. It also addresses student loan management strategies and the implications of changing IRA contributions in relation to loans, emphasizing the benefits of public service loan forgiveness. The discussion encourages responsible financial planning, including the use of traditional retirement accounts to optimize tax benefits and long-term wealth growth.

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