We're featuring another Best Of episode from 2018 that was a listener favorite.
All personal finance experts can agree on one thing – starting to save early will almost always help you reach your lifestyle goals quicker and with more ease than those who wait longer. When you think about your savings there are two ways you can save – the crockpot style or the microwave style.
Inspired by a recent industry article in Financial Planning Magazine, thinking about a crockpot for your savings strategy makes pretty good sense. With any crockpot recipe, the idea is simple. You gather all your ingredients ahead of time, throw them into the crockpot, turn it on low and slow for 6-8 hours, and then you have an almost always perfect meal sure to wow anyone.
What You'll Learn
We’ll chat about the crockpot method of savingsWhy a crockpot method might make more sense than microwaving your savingsFocus on saving little by little over time with consistency so whenever you reach the age you would like to quit working, your investments and savings have spent some time “cooking together.”Let’s talk about what you can and can’t control with your savingsSome guidelines to always keep in mind with savingsLinks Mentioned:
401(k) CalculatorHow Much to Save for RetirementInvestor Questionnaire Risk Tolerance Profile (just pretend it’s in USD)SUBSCRIBE & SHARE
Want to be the first to know when new episodes are released? Click here to subscribe in iTunes! IT’S FREE!
If you loved this episode, don’t forget to share it with your friends on your favorite social channel and tag @shannahgame.
Ask Shannah
Have an Ask Shannah question, submit it here
Get Social
Shannah on TwitterShannah on InstagramMore Episodes
Get this podcast on your
phone, FREE
