Navigating Financial Security and Insurance Insights

This chapter explores vital financial planning aspects, highlighting the significance of term life insurance for families and the need to tackle present challenges. It also critiques the student loan system while promoting proactive financial strategies for stability.

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📈⁠⁠⁠⁠ ⁠Are you on track with the Baby Steps? Get a Free Personalized Plan⁠⁠⁠⁠⁠

George Kamel and Dr. John Delony answer your questions and discuss:

"Why is it better to pay off my mortgage early instead of investing $300,000?"
"Can I do a Roth 401(k) and a Roth IRA at the same time?"
"I feel stuck between working the Baby Steps and taking care of a sick parent"
"How do we best invest $100k?"
"I'm $240k in debt. What is the best way to live below my means?"
"I owe the IRS $30k. How do I pay this off?"
"I'm spending $1,400 a month on car payments. How do I get out of this mess?"
"How much house can I afford?"
"Should I hold on to savings or pay off $700k in real estate debt?"
"Am I being stupid by not investing my money?"
"How do I prevent my kids from feeling left out?"
"Should I use a HELOC to consolidate my debt?"
"How do we prepare for our special needs son to be taken care of?"
"I've been paying on my student loans for 22 years. Should I wait 3 more years for student loan forgiveness?"
"I'm in business debt due to check fraud..."