In this episode, Lloyd James Ross shares essential money advice for individuals in their 40s, focusing on the financial pitfalls to avoid. He emphasizes the importance of maintaining strong relationships, particularly marriage, to prevent costly divorces. Lloyd encourages listeners not to succumb to the mindset that turning 40 means it's too late to achieve financial success; rather, he highlights that significant changes can still be made in just 15 years. The discussion also touches on practical tips, such as limiting material possessions, passing financial wisdom to children, and overcoming outdated money habits. Tune in for insights on how to take control of your finances and build a path towards financial freedom.

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Timestamps

[00:00:00] Introduction

[00:01:03] Avoiding divorce in your 40s.

[00:05:07] Avoiding multiple car ownership.

[00:07:12] Private school worth the cost?

[00:09:12] Financial education for children.