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Sinopsis

Learn why I gave different advice to someone about stopping his 401k contributions to save for a down payment for a home. This question was asked: "I am a single, 27-year-old male. I am beginning to save for a down payment on a home. I currently contribute about 17% to my 401(k). While that is great, it doesn't leave me very much room to save for a new home. I am looking for perspective about lowering my 401(k) contributions to help save up for a down payment on a home, versus maintaining 401(k) and lengthening my home-buying timeline." All of the experts advised him to pay less or stop paying into his 401(k), except me. Here's why. INTERESTED IN FINDING OUT MORE ABOUT THE BE WEALTHY & SMART VIP EXPERIENCE? To learn where to invest, how to get your money working harder for you and gain financial confidence, check out Linda's inner investing circle, the VIP Experience, and get a special limited-time special price for podcast listeners, here. PLEASE REVIEW THE SHOW ON ITUNES If you enjoyed this episode, ple