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You're listening to Ramsey everyday millionaires where we talk investing retirement building wealth and outrageous generosity

Let's go to Baltimore, Maryland and Amy joins us there. Amy, how can we help?

Hi George and Ken, I'm so excited to be talking to you.

You bet.

What is going on?

Well, my husband and I, a little backstory, I'll keep it quick though.

We've always been pretty frugal, especially in the early years. We had one car, one cell phone, things like that.

But as he started making more and we had kids

lifestyle creep kept in a little bit and we didn't ever spend more than we

earned but we got very complacent and kind of lazy with budgeting

as we earned more money.

So I'm really, really trying to dial everything in.

I have some big goals that I want us to hit in the next 10 years, but I'm trying to clean up some of the lazy investing we've done over the last few years and dial it in more to Roth. So neither of us have a roff IRA. I do have some old mutual funds that I've contributed to just a little here and there over the years and I have those total 20,000 and I have a 10,000

11,000 in I bonds and really I want to know the process to close those out and to start investing in the Ross for both my husband and I, but I know the cap is only 7,000 for that.

So I'm kind of wondering if I should just... I know the cap is only 7,000 for that.

So I'm kind of wondering if I should just pull 14,000 out

for this year and then leave the rest of it

until next year, or if I should just close everything out

all at once and just put it in a high-yield savings account and be done with it until I can invest it again next year.

Does that make sense?

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