67-Years of FINANCIAL MISTAKES: The Impossible Rescue
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Published 2024-01-09
🔥Meet Catherine, a 67-year-old retiree with a story that's all too common, yet deeply personal. After years of living paycheck to paycheck while raising her kids, Catherine now faces a daunting reality. With no assets, no retirement funds, and nothing but the support of a friend preventing her from homelessness, her situation is a stark reminder of how quickly financial stability can slip away.
Join us as we navigate through Catherine's journey, share insights, and discuss strategies that could help her secure a more stable financial future. This isn't just Catherine's story - it's a lesson for all of us on the importance of financial planning and resilience.
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đź•’TIMESTAMPSđź•’
0:00 PARTY STARTS
01:15 WHAT THE HECK IS GOING ON?
08:10 INCOME & ASSETS
14:19 EXPENSES & DEBT
22:15 THE FOREVER STRUGGLE
28:33 THE MONEY CASE
29:50 WHAT TO DO?
38:00 SORRY TO SAY
44:50 WILL SHE TAKE ACTION?
46:20 THE RESULTS
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Editor: Danica Studioso (www.danicaedits.com/)
Co-Producer: Melissa Lavigne
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Disclaimer: Please be aware that this video and all other content produced by Romain Faure are not intended to serve as investment guidance or formal financial advice. The information presented is solely for entertainment and educational objectives. The money displayed in our video podcast is for entertainment purposes only and is not real currency. All cash shown is prop money, and should not be mistaken for genuine legal tender. Please enjoy our content responsibly!
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All Comments (21)
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I do not want to be almost 70 years old and still learning everything the hard way. God be with this lady.
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A lot of people will benefit from this episode. She did a good service by going on the show.
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My suggestion for her is to sign up for senior housing immediately as it could take a couple of years. Also, I suggest she sign up with a temp agency. During COVID, I hired someone who was 75 years old (she told me her age right away). She is one of the best workers I have seen and has the best attitude. Blessings to her.
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I like this channel better, no shouting, no insulting..with compassion and a good plan.
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Subbed because you treated her with compassion and without shame.
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I feel so bad for her. I was there in my mid 50’s. I got my CPR certification and with my babysitting experience at my church, I was able to become a part time nanny. The best decision I ever made. I have the best families that I babysit for and pay me well. I’m praying that she comes out of this. She looks like such a nice lady.
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Praying for her. This is terrifying at any age. I couldn’t imagine being almost 70, and dealing with this. She is saving us all. Thank you for sharing! I’m learning from her mistakes.
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I’m so proud of her, she is being completely honest and humble. I feel in a year or two she will be in a much better place in her life..
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She needed the gentle touch that Romain took with her. The coaching she purchased was about hope….something we all crave when circumstances are tough. Don’t give up, ever…
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She could live with another woman or 2, who are in a similar situation. Joining together to help one another to rent a plc to live, share the bills and companionship. It will help mentally and financially.
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Wait, WHAT?!? I'M THAT LADY!!!!!! I stumbled upon this, and boy, am I grateful!
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She is so brave for being vulnerable about everything to provide others education. Bless her. Also, bless you for providing a safe space to allow her to be so open. Compassion and respect go a long way!
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Stories like this scare me but also motivate me to plan. I've heard countless of these stories from elders in the workplace. I've learned that if you don't plan for retirement you will pay for it.
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This was one of the most painful episodes ever. It went from bad to worse. I could literally feel my anxiety level rising. I hope things turn around for this lady. I can't imagine being 67 yrs and facing this.
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I feel for this lady so much. I am 39, a single parent of 3, plus one extra child I've taken on, and I have recently graduated. If I am not very careful, this could be me in 25 - 30 years. From my perspective, my main issue and hers is a lack of self worth and a difficulty in saying no to others. I want to say thankyou to Catherine because I can really see how hard it must have been to take part in this interview. I also want tell her that she is truly lovable, and a beautiful soul, who is worthy of safety and stability in life. Good luck, Catherine, dig deep x
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I am glad I worked with people 20 years older than me out of college. They all talked about saving for retirement. So my second paycheck, I had my 401K contribution taken out. I did it for 35 years. Now I am retired.
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Romain, you are a very kind young man. You are very gentle. Life will be good to you.
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A proud achievement: 92% of our participants improved their financial situation post-show, with many becoming debt-free! This impact is a testament to our collective effort. Thank you for everything. Keep striving for financial success!
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I have watched this episode twice. Catherine is just lovely. As an older, just retired single woman, her story resonates with me. The years do just fly by and suddenly you haven't done the things you meant to do. She fell into the I deserve this so I am going to buy this on credit trap. I am happy that Catherine found a job. I was thinking she might do well in the educational system. I also thought pet sitting/ house sitting might work well for her too. Another commenter recommended looking into senior housing- great idea. You provided Catherine with some wonderful guidance in a caring manner.
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So glad I found this channel. A lot of other channels are geared for younger people making financial mistakes but they have plenty of time to correct it. This is helpful for us older folks who have made mistakes.
