Where to Hold Cash for Future Home Purchase
DIY Money | Personal Finance, Budgeting, Debt, Savings, Investing
Bleav + Quint Tatro & Daniel Czulno, CFP® a passionate look at everything money from budgeting, savings, investing, stocks, bonds, debt. For those that enjoy Dave Ramsey, Jill On Money, Smart Money, BiggerPockets it’s worth a listen!
4.6 • 858 Ratings
🗓️ 3 August 2020
⏱️ 14 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Hey there, this is Daniel. |
| 0:03.1 | Thanks for listening to DIY Money. |
| 0:05.5 | Now, if you haven't already, be sure to give us a five-star review so your friends know that this is a show that they can learn from. |
| 0:11.8 | Follow us on Instagram at DIY.money. |
| 0:15.3 | Now, enjoy this episode. |
| 0:20.2 | Welcome back. |
| 0:21.1 | Ladies gentlemen, you're listening to another edition of D.I.M.A.M. |
| 0:24.9 | All right, Daniel, we got a real, I would say pretty easy question, but I'm sure we could |
| 0:29.9 | extrapolate it out. |
| 0:32.3 | This one comes from Austin in North Central Ohio. |
| 0:37.1 | Austin, what do you got? D-I-Y! |
| 0:40.8 | Hey guys, this is Austin from North Central Ohio. My wife and I have a growing family, |
| 0:47.3 | and we have prospected a specific home in our community that is larger and more accommodating |
| 0:52.8 | for us. The owners are interested in selling |
| 0:55.6 | it to us in the next probably one to two years. Right now, we're about to receive a large |
| 1:01.0 | tax return, and we're planning to save this return for that upcoming home purchase. The refund |
| 1:07.0 | amount is around $10,000. So I'm looking for some secure options to house the money while |
| 1:12.9 | ideally, you know, getting something with a high ROI above maybe a standard money market account, |
| 1:19.4 | if possible. I'm just wondering what you guys would recommend we do with this extra cash. |
| 1:24.9 | And lastly, just keep in mind that using the money to pay down debt or start a side |
| 1:29.6 | business isn't really an option because those things are already taken care of. I appreciate |
| 1:34.6 | hearing your feedback, guys, and thank you for all that you do. All right, Daniel, what do you |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Bleav + Quint Tatro & Daniel Czulno, CFP® a passionate look at everything money from budgeting, savings, investing, stocks, bonds, debt. For those that enjoy Dave Ramsey, Jill On Money, Smart Money, BiggerPockets it’s worth a listen!, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Bleav + Quint Tatro & Daniel Czulno, CFP® a passionate look at everything money from budgeting, savings, investing, stocks, bonds, debt. For those that enjoy Dave Ramsey, Jill On Money, Smart Money, BiggerPockets it’s worth a listen! and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.