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Is This Simple Idea the Solution for America's Wealth Inequality?

The Money with Katie Show

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Rethinking Consumption and Welfare

This chapter explores the life cycle model of consumption in personal finance, emphasizing how financial needs evolve throughout life stages. It advocates for systemic changes in welfare policy, including universal child benefits and free childcare, to address the financial burdens faced by families. The discussion highlights the importance of investing in children and public services for fostering a more equitable society.

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