Financial Mistake: Overspending on Kids & Neglecting Savings in Your 40s & 50s

Let's talk about how to avoid one of the biggest mistakes I see people making!

May 16, 2024

Transcript

In this episode, I talk about one of the biggest mistakes I see people making in their 40s and 50s—overspending on their children at the expense of neglecting their personal savings.

We will explore the consequences of this decision and provide tips on how to strike a balance between supporting your children and securing your own financial future. Watch now to avoid this pitfall and ensure a more stable financial outlook for yourself.

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Discussion about this podcast

Financial Discipline to Freedom

I’m Jenny Logan, Certified Financial Planner™, rural living evangelist, aspiring homesteader, and business owner. This podcast focuses on the journey to financial freedom, self-sufficiency, and a life of purpose and meaning. We talk big picture about the purpose of financial freedom, but also share some straightforward strategies that, with a little discipline, anyone can implement to work towards financial success.

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