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4min chapter
“I’m One Million Dollars in Debt - What Should I Do?”
Money Guy Show
Financial Order of Operations for Someone in a Million Dollar Debt
This chapter discusses the step-by-step approach to managing a one million dollar debt, including paying off credit card debt, building emergency reserves, exploring a Roth conversion strategy, maximizing retirement savings, saving 25% of income, opening a taxable brokerage account, and prioritizing student loans and mortgage repayment.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode