231. Ask Tori: Where Should I Keep My Money?

Financial Feminist

Her First $100K

Self-improvement, Education, How To, Business

4.7 • 6.2K Ratings

🗓️ 8 May 2025

⏱️ 49 minutes

🔗️ Recording | iTunes | RSS

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Summary

I'm hosting a free LIVE workshop this week! The 7-Day Money Reset: Kickstart Your Journey to $100K: https://event.webinarjam.com/register/111/5v7wpbyv You have money. But what should you actually do with it? Today, I’m answering listener questions straight from our voicemail inbox—including some common (and totally relatable) money dilemmas like where to park your emergency fund, what to do when you inherit financial decisions, and whether it’s still safe to invest given our political climate. If you've ever felt confused about what you should be doing with your money––after this episode you’ll walk away knowing exactly where your money should be right now. Read transcripts, learn more about our guests and sponsors, and get more resources at https://herfirst100k.com/financial-feminist-show-notes/231-ask-tori-where-should-i-keep-my-money/ Additional Resources: Use code ‘podcast’ to get 50% off your Stock Market School annual subscription for limited time at: http://herfirst100k.com/invest Submit a question for our next Ask Tori episode: http://speakpipe.com/financialfeminst Our favorite travel and cash-back credit cards, plus other financial resources: https://herfirst100k.com/tools Looking for accountability, live coaching, and deeper financial education? Check out our exclusive community! Join the $100K Club: https://herfirst100k.com/100k-pod Not sure where to start on your financial journey? Take our FREE money personality quiz! https://herfirst100k.com/quiz Special thanks to our sponsors: Squarespace Go to www.squarespace.com/FFPOD to save 10% off your first website or domain purchase. Rocket Money Stop wasting money on things you don’t use. Cancel your unwanted subscriptions by going to RocketMoney.com/FFPOD. Quince For your next trip, treat yourself to the luxe upgrades you deserve from Quince. Go to Quince.com/FFPOD for free shipping on your order and 365-day returns. Netsuite Download the CFO’s Guide to AI and Machine Learning at NetSuite.com/FFPOD. Masterclass Get an additional 15% off any annual membership at Masterclass.com/FFPOD. Indeed Get a $75 sponsored job credit to get your jobs more visibility at Indeed.com/FFPOD. ZocDoc Visit Zocdoc.com/FFPOD to find and instantly book a top-rated doctor today. ResortPass Visit Resortpass.com and use code FFPOD to get $20 off your first ResortPass experience. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Today, I am answering all of your questions, everything from high-yield savings accounts to investing,
0:04.9	to credit cards, to how to avoid the biggest financial mistakes.
0:08.8	Let's get into it.
0:18.7	Hi, Financial Feminist.
0:19.8	Welcome back to the show.
0:39.7	My name is Tori. I'm a money expert. I'm a New York Times bestselling author. I'm a multimillionaire. And I've helped over 5 million women save money, pay off debt, start investing, start businesses, and feel financially confident. If you're an oldie but a goodie, welcome back. And if you're new here, welcome to the show. We're excited to see you. We hope you stick around. Today, I am taking voicemails and questions straight from you all. If you want to submit a voicemail or question for our next episode, you can go to speakpipe.com slash financial feminist. Again, that's speakpipe.com slash financial feminist. And we might use your question on the show. We'd like to do these Astorri episodes every once
0:54.7	and a while just to get a bunch of different questions answered, a bunch of your concerns,
0:59.6	and especially the ones that are really topical. We've got some great questions, everything from
1:03.7	should I be investing right now, even if the stock market's crazy, to how do I use credit cards
1:09.7	if I have a better relationship now than I used to with money?
1:13.2	And what is a high-yield savings account?
1:15.6	Why do I actually need one?
1:17.2	Should I have more than one?
1:18.3	What's the advantage of doing that?
1:19.8	But before we take questions, let's start with a win.
1:22.0	It's always a nice thing to ground us in celebratory wins, to cheer on members of our community.
1:27.4	And this win is from Caitlin.
1:29.5	Hey, Tori. Oh, my goodness. Can I just tell you that I just want to say thank you.
1:34.4	So I've been a huge fan of yours for years. I've actually met you when you came to Chicago for
1:40.5	your book tour. And I switched this like stale Roth that I had been sitting on last
1:45.9	year and I moved it to Charles Schwab. And I swear I used to have screenshots on my phone that broke
1:52.7	that said my money was invested. So this year when I was doing my tax, getting all my tax up together,
	...

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