Navigating Debt and Investment Strategies

This chapter focuses on the importance of prioritizing debt repayment before investing, using a pitcher and glasses analogy to illustrate effective financial resource allocation. It also explores the challenges of managing household finances and planning for retirement when one partner is transitioning into self-employment.

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Ken Coleman and Jade Warshaw answer your questions and discuss:

"My husband has been hiding money from me while I've been paying for groceries with a credit card. What should I do?"
"My job requires a lot of travel. How can I break the cycle of being upside down on my car?"
"I'm financially starting over after leaving a toxic relationship."
"I'm about to be foreclosed on, what should I do?"
"Should I use a debt repayment program?"
"Why should we keep contributing to our IRA's?"
"Can we afford botox?"
"Should we purchase a van even if it depletes our emergency fund?"
"Should I focus on retirement while paying off my car?"
"Our child was just diagnosed with cancer, should we pause paying off debt while we fight this?"
"How should my mom invest $100K to live on in retirement?"