18min chapter

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"We Lost Over HALF Our Income! What Should We Do Now?"

Money Guy Show

CHAPTER

Navigating Income Reduction and Insuring a Child

This chapter provides strategies for managing a significant income decrease, including maintaining savings habits, adjusting lifestyle, and seeking opportunities to increase income. It also discusses dealing with a whole life insurance policy taken out on a child and offers advice on approaching financial discussions with parents. Additionally, the hosts share insights on maximizing company matches in retirement accounts and prioritizing between saving and paying down debt.

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