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How to prepare for a financial disaster

Which?

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Navigating Financial Uncertainty

This chapter emphasizes the critical necessity of preparing for unexpected financial shocks through adequate emergency savings. It highlights common misconceptions about financial security, particularly the reliance on credit cards, and underscores the need for a substantial emergency fund, especially for retirees. Additionally, the discussion addresses the complexities of the mortgage market and the importance of timely decisions in the face of fluctuating rates.

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