Strategies for Debt Management and Retirement Readiness

This chapter explores effective strategies for managing debt and savings, focusing on the psychological benefits of paying off a car loan while maintaining an emergency fund. It also features a caller's concerns about retiring debt-free and the balance between risk and investment choices to secure financial stability.

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Ken Coleman and Jade Warshaw answer your questions and discuss:

"Should I drain my savings to pay off debt if I have a one-year-old?"
"I'm 64 years old and my investments aren't making money,"
"How can I get out of a debt relief program?"
"How can I grow my savings while working on my career?"
"Should we share details about our financial situation with our kids?"
"How do I deal with a family member who brags about how much money she makes and spends?"
"How do we get out of $1M in debt?"

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