The Importance of Financial Planning and Budgeting

This chapter centers on the significance of honoring loved ones while advocating for sound financial planning and budgeting. It features a caller's personal struggles with finances and living arrangements, highlighting the need for financial discipline, especially during the stressful holiday season.

Transcript

chevron_right

Play full episode

chevron_right

Transcript

Episode notes

🤔 ⁠⁠⁠⁠⁠⁠⁠Think you’re good with money? Take our Money in America quiz!⁠⁠

George Kamel and Ken Coleman answer your questions and discuss:

"Should we keep a rental if we're losing money on it?"
"I just found out I'm pregnant, how can I financially prepare?"
"I took out a pension loan, should that be first in my debt snowball?"
"Should we pull from savings to pay off debt?"
"Should I buy a house with 0% down?"
"Should surplus investing go into a brokerage or a Roth IRA?"
"I lost my job a month ago. When should I sell my house?"
"Is my boyfriend's lack of interest in getting a job a red flag about getting married?"
"Should I buy a house with my parents when my wife is totally against the idea?"
"Should I pay off my mortgage with my brokerage account?"
"How do I balance living for today and saving for the future?"
"Can I invest in a side hustle while paying off debt?"