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Investing 3: Smooth Spending & The 401K

Planet Money Summer School

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Migelo Is a Banker, Part Banker

Migelo is part banker, part cial worker. He accepts deposits from his much less frugal brother at so yo, you want me tod sum for you? So i held this hundred like a bank. When the depositor comes back to get his money out, miglo doesn't just give it to him. Migl's brother said he had to pay a bill. And even then, migelos wanted to see proof.

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