Smart Financial Decisions

This chapter explores the pitfalls of making risky property investments and emphasizes recognizing when to withdraw from financially dangerous situations, particularly within family contexts. It also offers practical money-saving tips, a discussion on the importance of term life insurance, and addresses a listener's concerns about the value of whole life policies versus investment alternatives.

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🤔 ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Think you’re good with money? Take our Money in America quiz!⁠⁠⁠

Dave Ramsey and Ken Coleman answer your questions and discuss:

"I am getting calls regarding debt on my deceased father. How do I handle this?"
"Can we get some advice on managing finances with a large family and disagreements on spending?"
"How do my fiancé and I plan to combine our finances when there is a prenup in place?"
"We would like to retire early. How should we adjust our investments in order to make this happen?"
"How do I get out of $1.8M in debt when I'm stretched thin in spite of a high net worth?"
"How do I keep my addict brother from blowing his portion of our inheritance?"
"Am I wrong for not wanting to pay for repairs to my mother's home?"
"My wife and I disagree on what to do with a whole life policy."
"My wife and I disagree on leveraging debt to make money. Who is right?"
"I am $10,000 underwater on my leased car. How should I handle this?"
"I am debt-free. When can I start buying things I want?"