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NerdWallet's Smart Money Podcast

Unlock the Benefits of 529 Plans to Save for College Tuition and Education Expenses

Feb 26, 2024
Learn about the risks of skipping home inspections and how to navigate unexpected healthcare costs. Discover the benefits of 529 college savings plans, including tax advantages and flexibility. Get tips on contributing to a friend's 529 plan and setting effective college saving goals.
26:55

Podcast summary created with Snipd AI

Quick takeaways

  • Waiving home inspections can lead to costly issues for buyers, especially first-time homebuyers.
  • The US healthcare system's inefficiencies result in high costs, surprise bills, and hindered financial planning.

Deep dives

Home Inspection Waivers in Real Estate

Waiving home inspections when buying a property can lead to unexpected and costly issues. Without proper inspections, buyers may face expensive repairs like roof leaks or structural damages, resulting in financial risks, especially for first-time homebuyers. Mandatory inspections could protect buyers and ensure sellers maintain their properties.

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