How to protect your assets (What decisions that impact your financial life) explained.
How to protect your assets – Video content summary:
✔ Marriage, education, and children can potentially change your financial future in significant ways.
✔ Marrying a suitable partner is one of the most important factors in determining your financial situation later in life.
✔ You might be surprised at how much influence your choices have over your debt, future earning potential, and retirement.
✔ Before getting married, consider your potential spouse’s spending habits and current debt.
✔ Avoid waiting until your kids are in high school to make the necessary financial adjustments.
✔ Children greatly impact your money situation.
✔ Think about the food, clothes, medical bills, and all other expenses associated with children.
✔ Attending medical school is likely to result in a better income than majoring in English.
✔ Many decisions have financial implications, even if they may seem unrelated.
✔ Think about how much your education will cost in terms of money and time.
✔ Staying married doesn’t necessarily result in financial success either.
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