Radical Personal Finance 1076-Friday Q&A: Second Citizenships, Finances for a 70-Year-Old, Asset Allocation, 2024 Taxes, etc.
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Jan 10, 2025 Discover the ins and outs of securing a second citizenship and the surprising benefits it can bring. Explore tailored financial strategies for caring for a 70-year-old widow while ensuring her independence. Delve into investment allocation and risk perception to help couples enhance their financial literacy together. Learn about the role of assumable mortgages in today's market and find out how to optimize tax strategies for a financially savvy future. Plus, hear insights on embracing community through first-time church experiences.
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Buying Second Citizenship
- Consider paying for a second citizenship if you have the means.
- It can be cheaper and less disruptive than obtaining one through other methods.
City Water Filtration
- A Berkey water filter is sufficient for basic city water filtration.
- For purer water, consult an expert like Stephen Harris.
Protecting Elders from Fraud
- Freeze elders' credit to prevent fraud and abuse.
- Set up a simple budgeting system to track spending and prevent overspending.
