
money money money 910b wwgd: new house & a cashflow crisis coming + did GJ spot a red flag?
In this "what would Glen do" episode, Julie* and her fiancΓ© recently built a home but now a major career change means their household income is about to drop. With a big mortgage, wedding costs coming up and plans to start a family, Julie wants to know: do they need to sell the home? How can they afford everything? Glen and Julie unpack:
ππΌ her dilemma
ππ½ salaries, career change & income drop
ππΎ emergency fund, savings & debts
ππΏ spending plan, insurance & financial foundations
ππ» super balances and financial position
π the mortgage and house value
ππΌ lifestyle costs and hobbies
ππ» career values and long term plans
ππ½ Glen raises some potential red flags
ππΎ and shares what he would do in their situation
*Name changed for privacy
π Sort Your Career Out & Make More Money by Glen James & Shelley Johnson: https://www.moneypodcast.com.au/resources#books
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