What Should I Do With My Savings?

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Money News Network

Education, Business, Self-improvement

4.7 • 441 Ratings

🗓️ 13 May 2020

⏱️ 20 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Maybe you have a retirement account, a savings account, or just some cash socked away. Should you spend (or invest) any of that now? Nicole and Jason discuss the best ways to save your savings... and why it's still okay to treat yourself, if you can.

Transcript

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0:00.0	Hush money is a production of I-Heart Radio.
0:03.0	This is Hush Money, the show that tackles the most taboo money topics you're currently thinking about.
0:14.0	I'm Nicole Lapin, financial expert, and author of the books Rich Bitch and Boss Bitch.
0:19.0	And I'm Jason Fyfer, editor-in-chief of Entrepreneur magazine.
0:22.0	And we believe that just because we're socially distancing doesn't mean
0:26.2	we need to be financially distancing. Everyone has concerns about money
0:30.2	these days but the biggest problem is not talking about it so that's why we're
0:34.0	back for a special season to face these issues and talk about solutions because there
0:38.5	are solutions so let's not stress and get through this together.
0:46.0	Hey Nicole.
0:47.0	Oh, hey Jason.
0:48.0	So I know that you have been keeping the wine industry and business over there.
0:52.0	I have.
0:53.4	Single-handedly.
0:54.4	Yeah, you're usually drinking while we're recording these.
0:56.2	And so I decided today I'm going to join you.
0:59.3	Check out what I have here.
1:00.9	I have it over here.
1:02.1	This is, I'm going to uncork this baby right on Mike. Oh yeah. Oh, it's good. So this is a bottle of Ardbag and it cost me 60 bucks and I usually do not spend that kind of money on a bottle of
1:15.8	alcohol but the reason I did it is because these are stressful times and I am
1:21.6	feeling super stressed yeah and I am feeling super stressed.
1:22.6	Yeah.
	...

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