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Ask HTM - IRA Raiding for a Down Payment, Study Abroad: PAID, & Maintaining an 826 Credit Score #904

How to Money

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Navigating Charitable Giving and Home Buying Decisions

This chapter explores innovative charitable giving methods, highlighting Charity Navigator's new features and the advantages of donor-advised funds. The discussion shifts to a listener's concern about withdrawing from an IRA for a home purchase, emphasizing the long-term risks of early withdrawals. Practical advice is provided on saving strategies for home buying while maintaining financial stability and considering alternative assistance options.

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