8-23-2022 – How Much Money Should You Be Saving from Every Paycheck?
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 24 August 2022
⏱️ 46 minutes
🧾️ Download transcript
Summary
The '50-30-20' budgeting rule can help you determine how to apportion your income.
Today's Stocks & Topics: Inflation, Planning for Retirement, INTC - Intel Corp., CSCO - Cisco Systems Inc., KDP - Keurig Dr Pepper Inc., KO - Coca-Cola Co., Economic Numbers for July, SLVM - Sylvamo Corp., NMRK - Newmark Group Inc., BIIB - Biogen Inc., DVN - Devon Energy Corp., Roth I-R-A, DOC - Physicians Realty Trust.
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Transcript
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| 0:00.0 | This is Invest Talk, independent thinking, shared success. |
| 0:09.3 | Just and client and Steve Peasley, stand ready to take your finance and investment questions |
| 0:14.4 | and share their unbiased answers. |
| 0:18.0 | Invest Talk is made possible by KPP Financial, a registered investment advisor firm serving |
| 0:23.4 | clients throughout the United States. |
| 0:26.3 | The clarity for your path forward starts now. |
| 0:30.7 | Here is KPP Financial President, financial advisor Steve Peasley. |
| 0:36.2 | Good afternoon, I'm Steve Peasley and welcome to Invest Talk. |
| 0:40.6 | It is August 23rd, 2022. |
| 0:44.3 | So I appreciate you being with me on Invest Talk and I do really enjoy doing the podcast |
| 0:49.6 | with Justin. |
| 0:50.6 | We do it every day, Monday through Friday live. |
| 0:54.2 | And the phone number you won't want to use to call me to ask any financial questions |
| 0:58.0 | is the same as it always is 24 hours a day, 7 days a week, 888 99 chart. |
| 1:05.5 | And I got a pretty full schedule today, so my focus point concerns a question, how much |
| 1:11.3 | money should you be saving every paycheck? |
| 1:17.0 | How much? |
| 1:18.2 | Now there's a 50, 30, 20 budgeting rule, if you ever heard that one, there's an 80, 20 budgeting |
| 1:24.6 | rule. |
| 1:25.6 | So there's different ways to do it. |
| 1:26.9 | So we're going to get into that. |
| 1:28.8 | And time for many, and I got several others topics I want to talk about, we're seeing economic |
... |
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