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Podcast: Marriage Kids and Money: Personal Finance for Families
Episode: Weโre Debt Free. Now What?
Description: Weโre Debt Free. Now What?
After years of paying off debt, many families wonder what to do next. In this episode, we answer a question from Brian in Michigan, who just became debt-free with his wife and wants to know how to make the most of their extra $1,000 per month.
We share five time freedom moves to help families use that money wisely, from building an emergency fund and reassessing insurance coverage to investing for Coast FIRE and starting a 529 plan for their new babyโs future. We also discuss how to avoid lifestyle infl...