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Friday Flight - WFH Fairness, Roth 401k Revamp, & MrBeast’s Debt Dystopia #774
Jan 12, 2024
MrBeast, YouTube star and philanthropist, discusses his debt relief efforts as part of the 'New American Dream'. The podcast also covers topics such as work-life balance, Roth 401k revamp, IRA matches, and keeping lifestyle creep at bay.
33:43
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Quick takeaways
- Insurance rates are increasing due to larger payouts by insurance companies, particularly in areas affected by natural disasters.
- Being mindful of lifestyle creep and making intentional spending decisions can help avoid hindering financial progress.
Deep dives
Insurance rates are increasing due to increased payouts
Insurance rates, particularly for home and auto insurance, have been increasing across the country. This is mainly due to insurance companies experiencing larger payouts, especially in areas affected by natural disasters like hurricanes and fires. It is not a cash grab from insurance companies, but a measure to cope with their losses and rising costs.
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