Worth It

103: How to Prioritize Saving for Now, the Future, and In-Between

Informações:

Sinopse

What’s the most important part of your financial strategy? Creating an emergency fund? Saving and investing? Understanding what money goals you need to set for your priorities? Trick question, it’s kind of all three. In this week’s episode, we’re revisiting an old friend who you may have heard a lot about on this show: the bucket strategy. That’s right, folks. But this time, we’re paying special attention to the middle child of the strategy, the intermediate-term bucket.  We talk about why you may have been neglecting that middle bucket, as well as how you should be using our bucket strategy overall, in this episode. WHAT YOU’LL LEARN [00:40] Why we’re diving into the intermediate-term bucket in this episode [05:22] Reviewing the bucket strategy [06:46] Accounts you might have for each bucket category [10:51] Why the focus is all on retirement [12:27] Why you might be neglecting your intermediate bucket [13:29] The number one asset you have in investing (hint: we talk about it a lot) [14:25] Be