What To Do With Extra Money?
Jill on Money with Jill Schlesinger
Audacy
4.6 • 1.9K Ratings
🗓️ 6 December 2021
⏱️ 16 minutes
🧾️ Download transcript
Summary
For the first time ever I'm going to have some extra cash flow each month. What should I be doing with it? Use my workplace retirement plan or use a brokerage account? Or something else?
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"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.
Transcript
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| 0:00.0 | Welcome to the Jill on Money show. It is Monday, December 6th. You know where I'm not |
| 0:09.2 | Mark? You know where I'm not going? I'm not going to London. I announced that already |
| 0:14.8 | last week. Got my money back. Thanks to my good friends at American Express Platinum. |
| 0:20.0 | They are not sponsors of the show, by the way. So we don't know a ton of information about |
| 0:24.8 | this right now, which I think is causing just generalized anxiety. I talked about this last week, |
| 0:31.6 | the day after we had that big sell-off in the stock market. You know, I just think that when you don't |
| 0:38.7 | have a lot of information, when we don't know whether this is sort of a nothing burger or whether |
| 0:43.5 | this is a thing, then you as an investor might say, hey, you know what? I'll just take the path |
| 0:49.5 | of least resistance. I was amused Mark, by the way, when I was watching some financial |
| 0:55.9 | television, something or other, and they talked about November being the first month of the year |
| 1:01.6 | where bonds beat stocks. And this is also the month of the year where everyone's like, I don't want |
| 1:05.8 | to own bonds. I'm selling them all. So there's your contra indicator. Just when you thought, you |
| 1:12.0 | knew what was going to happen. You know, you know, last week it was nutty because I'm writing this |
| 1:16.6 | book. I'm currently writing the book. I did a TV segment out of the blue. I had to get a lot of |
| 1:22.0 | stuff done thinking that I was going to London. But then of course, now I have all this free time, |
| 1:25.6 | which is great. Do you have some free time? Would you like to come spend some of that free time with |
| 1:30.3 | us here at the Jill on Money Show with me and Mark? We would love to have you. All you need to do |
| 1:36.3 | is go to our website, JillOnMoney.com, JillOnMoney.com. Click the contact button. Tell us what your |
| 1:43.0 | financial question is. And when we get that question, you know, give us a lot of info. Please |
| 1:48.9 | also let us know if you'll come on the air with us. That is what Rebecca did. Rebecca is on the |
| 1:54.7 | line from Seattle. What is on your mind? How can we help you out? Well, I had a few questions. I guess |
| 2:01.5 | I'll start with the first one. So about like 10 years ago, I had a lot of credit card debt and |
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