Episode 071: Don’t Pass Down Generational Debt

Your debt may outlive you, so how do you protect your family to ensure you are passing down generational wealth, not generational debt? In this week’s episode we will cover a couple of ways to protect your family from debt. Check out the full episode and if you have questions about how to get started with Homeowner Prep, be sure to reach out to us or drop your question in the comments. 

// SHOW NOTES

00:00 Y.O.L.O. Right? Well, not quite…

00:12 Intro

00:34 Welcome To The Homeowner Prep Podcast

01:14 Do You Have Life Insurance?

02:06 Debtors Cannot Go After Your Life Insurance

02:42 Get An Estate Plan

03:35 Your Estate May Be At Risk

04:04 Get Started As Soon As Possible

04:28 Real Estate Is Often The Biggest Asset Passed Down

04:48 Getting Started With Homeowner Prep

05:22 Connect With Us On Social Media

05:47 Outro

// IMPORTANT RESOURCES

Get Started With HomeownerPrep:

⁠https://www.homeownerprep.com/start⁠ 

Support Our Mission:

⁠https://www.homeownerprep.com/support⁠

Manage Your Credit Score with MyFICO:

⁠https://bit.ly/HP-FICO⁠ 

Build Your Credit Quickly:

⁠https://bit.ly/HPP-Self⁠

Start Budgeting Today with Rocket Money:

⁠https://bit.ly/HP-Rocket⁠

Subscribe to Our Channel:

⁠https://bit.ly/HomeownerPrepYTSub⁠ 

// CONNECT WITH US

Instagram: ⁠http://www.instagram.com/HomeownerPrep⁠ 

Facebook: ⁠http://www.facebook.com/HomeownerPrep⁠ 

Twitter: ⁠http://www.twitter.com/Homeowner_Prep⁠ 

TikTok: ⁠http://www.tiktok.com/@HomeownerPrep⁠ 

// ABOUT HOMEOWNER PREP

Homeowner Prep helps aspiring first time homeowners through real-world advice and accountability. This podcast was created for those who dream of owning their first home – and are willing to do whatever it takes to make their dream a reality!

DISCLAIMER: The content we distribute is for educational purposes only. Seek professional financial, tax, and legal advice for your particular situation. Also, links included in this description might be affiliate links. If you purchase a product or service with the links that we provide, we may receive a small commission. There is no additional charge to you! Thank you for supporting our channel so we can continue to provide you with great content!

// LICENSE INFO

DRE: 01780767

NMLS: 2218002

#buyingahome #realestateadvice #homeownership

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