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11min chapter
25 Money Rules (and When to Break Them) with Brian Feroldi
All the Hacks with Chris Hutchins
Smart Financial Strategies for New Parents
This chapter examines the financial challenges and planning involved in raising children, particularly for those with unstable income streams like content creators. It introduces formulas and rules for prudent investing, including the 5% and 10% rules, and emphasizes the importance of maintaining diversified portfolios while managing high-risk investments. The discussion also addresses the significance of being aware of investment fees, particularly within retirement accounts, to ensure long-term financial health.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode