104: Part 2: Your Money: What to Do at 42

Published: June 1, 2022, 8 a.m.

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42 is a bit of a tough age.

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You\\u2019re right in the middle of things.\\xa0

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You\\u2019ve probably still got some kids at home but you\\u2019re on your way to becoming an empty nester.\\xa0

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You\\u2019re at the midpoint of your career.\\xa0

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You\\u2019re also right at the beginning of the time frame when most people have a midlife crisis.

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All of this makes being 42 an interesting season of life. Today, I want to give you some practical tips on how to navigate it.

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Specifically, I want to teach you what to do with your money when you\\u2019re 42.

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As I shared last week, we\\u2019re in turbulent times right now. Whether you\'re 22, 42, or 62, the market affects you. When it\\u2019s a crazy market like today\\u2019s, you need to get a handle on your finances or you\\u2019ll be pulled down with it.

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Tune in to learn just how to do this when you\\u2019re in your forties.

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In this episode, you will hear:

  • The core four of your finances.
  • Who your worst business partner ever is.
  • Why it\\u2019s so important to know where your cash is going.
  • How to max out your 401k as a W2 employee.
  • How to save on taxes with a side hustle.
  • How to coordinate all of your legal documents.
  • Risk management action steps.
  • Bear market = buyer\\u2019s market.
  • Investment opportunities in the current market.
  • How to set up an equity line of credit.

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Supporting Resources:

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Episode Credits

If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com. Let them know I sent you.

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