
"We Lost Over HALF Our Income! What Should We Do Now?"
Money Guy Show
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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.
Transcript
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