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501: Finance Friday: When to STOP Investing and Start Saving Cash Instead

BiggerPockets Money Podcast

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Managing Cash Flow after Birth of Premature Daughter

The chapter discusses the financial situation of the speaker and their wife after the birth of their premature daughter and the resulting medical expenses. They talk about their cash reserves, debt, and the need to prioritize saving instead of investing. They also discuss the expected out-of-pocket costs for healthcare and the upcoming childcare expenses. The focus is on managing cash flow for the current year and creating a long-term financial plan.

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