Worth It

MINISODE: The Problem With Saving Just for Emergencies & Retirement

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Sinopse

How many times have you heard “Save for an emergency!” and “Save for retirement!” We’re not saying those aren’t super important things to save for… but what about the rest of your life? Things like buying a house some day, or having kids. Taking that 6-month sabbatical. Buying out your business partner. Starting another business. You don’t just have the cash sitting around for that, do you?? Probably not, which is why you need a savings goal for them, too. We know you might want to save for all of the above, or maybe for your own special thing, but popular saving advice doesn’t really tell how to get there. So we have a tip: fill your intermediate bucket. WHAT YOU’LL LEARN The “complete” bucket strategy How the financial planning industry is guilty of neglecting the intermediate bucket, too What you might want to spend your intermediate bucket on The questions you should be asking about your intermediate goals Why you shouldn’t focus on just short-term and long-term buckets What you can do right now to start