Today’s episode dives into the financial aspirations and strategies for the next ten years as both hosts reflect on reaching the milestone age of 40. They explore the importance of investing in community and relationships beyond family ties, the excitement of aging with close friends, and nurturing valuable relationships despite busy schedules. They also address common financial anxieties, the concept of feeling behind financially, and provide practical tips on financial planning. Join Mary Beth and Neela as they blend thoughtful financial advice with personal anecdotes, offering a look into the financial landscape of their 40s and beyond.
For additional resources, information, and a full transcript of the episode, visit our website. To access our podcast disclosure information, visit this page.
What You’ll Learn in this Episode:
- The importance of have long-term meaningful friendships
- How to face the idea of feeling financially behind
- The first step you can take if you’re feeling financially behind
- Why you need an emergency fund and how much you should be stashing away
- How the debt cycle can negatively impact you
- The reason you shouldn’t put all your financial eggs in one basket
- Understanding how to get compound interest to work for your investments
- A few items to focus on as you cruise through your 40s
- Why accountability is essential to improve personal and financial health
- How to find the balance between financial discipline and enjoying life
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