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Money Guy Show

I Feel So Behind Financially! (How Do I Catch Up?)

Apr 15, 2024
Learn how to catch up financially by setting clear goals, saving a percentage of income, and starting to save and invest early. Explore advice on managing investments, asset allocation for young couples, financial choices during graduate studies, and differences between wills and trusts in estate planning.
25:14

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Quick takeaways

  • Assess your current financial standing and set clear goals to bridge any gaps and improve your situation.
  • Start investing early, save a percentage of income, and use tools like target retirement index funds for long-term benefits.

Deep dives

Benefits of Catching Up Financially

Catching up financially is possible regardless of age. Even if you feel behind, taking steps like assessing your current financial status and setting clear financial goals can help you make meaningful progress. By creating a net worth statement and determining your financial goals, you can plan and implement strategies to bridge any gaps and improve your financial situation.

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highlights

Listen to the best highlights from the podcasts you love and dive into the full episode