Mastering Your Budget: Strategies for Effective Debt Management

This chapter highlights the significance of creating a detailed budget to manage debt effectively. The speakers share actionable strategies for evaluating spending, reducing expenses, and increasing income to achieve financial stability before major life events.

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📈 ⁠⁠⁠⁠Are you on track with the Baby Steps? Get a Free Personalized Plan⁠⁠⁠⁠ 📱 ⁠⁠Watch the full episode for free in the Ramsey Network app. ⁠⁠

Rachel Cruze and Jade Warshaw answer your questions and discuss:

"How do I teach my daughter good money skills?"
"My wife doesn't want us to invest in the stock market, how do I convince her to do this?"
"My fiancée won a medical malpractice lawsuit and will get $1.3 million, how should we use this money?"
"Would it be a financial mistake to move to an expensive area in order to train in a prestigious program?"
"My fiancée is concerned about the terms in our prenup, how do we work through this?".

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