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Q&A: Patenting an Invention, Agency Bonds, & Raising Children as a Millionaire

Rich Habits Podcast

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Navigating Financial Strain and Wealth Management

This chapter explores the financial challenges faced by high-income households, particularly regarding housing costs and the importance of building an emergency fund. It provides practical advice on investment strategies, such as using a 1031 exchange for property transactions and maximizing 529 college savings accounts, while also emphasizing financial literacy for children. The discussion includes insights on bonds, investment diversification, and tailored approaches to home equity financing for strategic growth in real estate.

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