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Ask HTM - Spending Cash Windfalls, Retirement Investing vs College Savings, & So You Think You Can Landlord?! #1024

How to Money

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Navigating Education Funding and Financial Priorities

This chapter explores the complex decisions parents face regarding funding their children’s education versus prioritizing their own retirement savings. It emphasizes the advantages of 529 plans, the importance of teaching children financial responsibility, and the significance of effective communication around financial decisions. Additionally, the discussion touches on the implications of inheritances and responsible financial planning to balance personal enjoyment with long-term goals.

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