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Everyone's Talkin' Money

Best Of - Crockpot Your Savings Strategy

Everyone's Talkin' Money

Shari Rash

Business, Self-improvement, Education

4.6 • 631 Ratings

🗓️ 27 December 2017

⏱️ 24 minutes

🧾️ Download transcript

Summary

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. When you crockpot your savings you're using the same methodology. You're saving little by little over time with consistency so whenever you reach the age you would like to quit working, you're investments and savings have spent some time "cooking together." On This Podcast Episode: We'll chat about the crockpot method of savings Why a crockpot method might make more sense than microwaving your savings Let's talk about what you can and can't control with your savings Some guidelines to always keep in mind with savings Links Mentioned: 401(k) Calculator How Much to Save for Retirement Investor Questionnaire  Risk Tolerance Profile  Thanks for Tuning In: Thanks for tuning in to listen to this episode of Millennial Money. If you have any comments or questions about today’s episode, please let us know your thoughts in the comment section below. If you’ve enjoyed this episode, please share it using the social media. Also, please leave an honest review for Millennial Money on iTunes! Ratings and reviews are extremely helpful and much appreciated! You’re awesome! Disclosure: The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which investment(s) and financial strategies may be appropriate for you, consult your financial adviser prior to investing. There is no assurance that the techniques and strategies discussed are suitable for all investors or will yield positive outcomes.   See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Exclusively on Disney Plus.

0:02.0

It's hard and it's brutal and that's what makes it special.

0:06.0

The multi-award winning series, FX's The Bear, is back for a brand new season.

0:11.0

Upon my signal, unleash hell.

0:15.0

And every second counts.

0:17.0

When that shows zero, this restaurant ceases operations.

0:21.8

FX is the bear.

0:23.1

New season now streaming exclusively on Disney Plus.

0:27.1

18 plus subscription required Teas and C's apply.

0:30.3

Rated T for Teen.

0:31.8

Each year, thousands of adults lose their shred.

0:35.2

It's an epidemic simply known as shred loss. but it doesn't have to be this way,

0:39.3

because rekindling your shred is as easy as playing the new Tony Hawk's Pro Skater 3 and 4.

0:43.9

With new parks, cross-platform multiplayer, and sick new game modes,

0:49.7

we can put an end to shred loss everywhere.

0:52.4

Hit the new Tony Hawk's Pro Skater 3 and 4 and show the world that the shred's not dead.

0:56.6

Pre-order Tony Hawk's Pro Skater 3 and 4 and play the foundry demo.

1:01.0

Forgot your wallet? No problem.

1:04.7

With Samsung Wallet, everything you need is already on your phone.

1:08.6

Store your loyalty cards, earn rewards when you spend, and keep your travels smooth

1:12.6

with boarding passes and train tickets ready to go.

1:16.0

You can even tap in on public transport, no unlocking, no digging around.

...

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