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He Has NO Job & $4100/Month Mortgage? 13 дней назад


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He Has NO Job & $4100/Month Mortgage?

In this Viewer Mailbag, Chris and Dominic discuss a letter from someone who recently lost their tech job and is seeking advice on managing their finances during this period. The person has a mortgage payment of $4,100 per month and is concerned about when they might need to consider selling their house. However, Chris and Dominic reassure them that they have a strong financial position with $150,000 in stocks, $40,000 in savings, and two and a half months of severance pay. They suggest creating a detailed budget, exploring side hustles or freelance work, and potentially bringing in another roommate to lower expenses. They also encourage the person to consider using this transition period as an opportunity to pursue their passion or start their own business. Overall, they emphasize the importance of being strategic with finances and making informed decisions. 📧 Connect with Chris at Monzon Wealth: https://www.monzonwealth.com/ 📈 About The FI Guys: Welcome to The FI Guys, your go-to channel for all things related to financial independence, investing, and personal finance! We're passionate about helping you achieve your financial goals and gain control over your money. Subscribe now for weekly videos packed with tips, insights, and strategies to help you build wealth, save money, and live your best financial life! 🔔 Subscribe for More Content:    / @thefiguys   Don't forget to subscribe to our channel and turn on notifications so you never miss an update. Join our community of like-minded individuals on the path to financial freedom! 📌 Connect With Us: The Fi Guys Website: https://thefiguys.com/ Monzon Wealth: https://www.monzonwealth.com/ Facebook: https://www.facebook.com/profile.php?... Instagram:   / thefiguyspodcast   Twitter:   / guysfi32706   LinkedIn:   / the-fi-guys   📧 Contact Us: For FI Friday Feedback questions, business inquiries, or collaboration opportunities, please email: [email protected] 👍 Like and Share: If you found this video helpful, please give it a thumbs up and share it with your friends and family. It helps us reach more people and spread financial literacy! 💬 Leave a Comment: We love hearing from our viewers! Share your thoughts, questions, or suggestions in the comments section below. We'll do our best to respond to each one. 🌟 Thank You for Watching! Thank you for watching The FI Guys. Remember, financial independence is within reach, and we're here to support you every step of the way. See you in the next video! ⏰ Timecodes ⏰ 00:00 Maximizing Tax Deductions 04:18 Navigating Job Loss and Mortgage Payments 08:25 The Power of Negotiation 18:02 Disclaimer at the end #jobsearch #debt #financialadvice ~~~~~~~ Disclaimer: The FI Guys is a podcast dedicated to providing general information and insights on a wide range of wealth-related topics. The views and opinions expressed in this podcast are those of the hosts and guests and do not constitute personalized financial advice. The content provided in this podcast is for educational and informational purposes only. It should not be considered a substitute for professional financial advice. Your financial situation and goals are unique, and the information provided here may not be applicable or suitable to your specific circumstances. We, the hosts and guests on The Fi Guys are not acting as your financial advisors. We are not aware of your individual financial situation, risk tolerance, or investment objectives. Any decisions or actions you take based on the information provided in this podcast are your own and made at your own risk. This video podcast is sponsored by Monzon Wealth. The content in this podcast is for informational purposes only and should not be considered financial advice. We do not endorse specific products or services. Past performance doesn't guarantee future results. The opinions expressed are those of the hosts and guests, not the podcast sponsors. It is crucial to consult with a qualified financial advisor or professional who can provide advice tailored to your specific needs before making any financial decisions, investments, or taking any other actions. If you are seeking specified help, you can reach out to Chris at https://www.monzonwealth.com/

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