Interest Rate Misconceptions
Dave highlights the misleading nature of headlines regarding series I bonds, emphasizing that the advertised interest rate is only temporary. He stresses the importance of understanding the long-term implications and fees associated with cashing out early. A caller inquires about saving for college, revealing they’ve been contributing to a 529 plan since their children were born, prompting a discussion on the realities of college savings as the timeline shortens.In this clip
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The Ramsey Show
Are You Willing To Delay Pleasure For A Greater Gain?
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