@socialcap: Here is why I think #emergencyfunds are one of the dumbest things you can do with your #money from a former #financialadvisor #finance #wealth #rothira #socialcap
What if either my husband or I were out of work - shouldn’t we have 3 to 6 months household expenses saved just in case?
2025-01-17 02:01:26
28
BIGMEME :
Peace of mind for most people is worth the minimal difference in not investing the money and just keeping it in a HYSA.
2025-01-17 08:42:21
14
Pretty Ting :
You coming to RedNote?
2025-01-16 21:51:27
6
Here and There Again :
How easily and quickly do you get the money if you need to pull some out of the Roth? Is it a few days, or does it take longer? I’ve haven’t had one…yet.
2025-01-17 00:50:46
5
gigi 💗 :
I love the dedication to the walks in the woods…even in the snow!
2025-01-16 23:29:53
7
kc2003 :
Makes good sense.
2025-01-16 21:56:38
4
HobokenPudding :
Lol "put it on a credit card." No
2025-01-18 12:27:45
18
Tyler Gardner :
Burn him! He’s a witch! Nope. I just like having my money outpace inflation and don’t want to live in fear. That said, as always, do what works for you!
2025-01-16 21:49:08
26
HandsomeWillis :
To pull from the Roth IRA tax and penalty free, it has to meet certain qualifications and or needs to be paid back?
2025-01-17 00:25:23
3
Mike Campbell :
whats considered a "risk free asset" in a roth?
2025-01-17 00:52:24
8
Dino :
I make too much to contribute to a Roth. Sucks
2025-01-18 00:28:07
2
K.Tanique :
Hey Tyler😊 I have a kiddo I’m paying yearly private school tuition for. I tend to save monthly for the next year (roughly 10-12k) not sure what I can do other than normal savings since it has
2025-01-26 22:44:55
2
mikeymike007 :
But Cannnot put a mortgage payment on a credit card in the event of job loss.
2025-01-20 15:57:41
3
Yasi :
Can you please explain back door IRA thoroughly?
2025-01-17 12:29:42
3
Izzy the wonder cat :
probably in my top 10 faves of your recommendations (yes I'm aware you've said this advice before, it's still golden)
2025-01-16 21:54:47
5
Mare T :
What is the best place to open such an account???
2025-01-17 11:57:53
3
Girlypop.02 :
😂😂 I had a 4k worth of emergencies in under 3 months last year, and no dont put anything you cant afford on a credit card, but id say keep emergency fund in HYSA at least to counteract inflation.
2025-02-06 22:42:00
2
sparky_809 :
Risk free? I disagree
2025-01-20 03:03:04
3
Shannon :
my high yield is gaining 8-10%
2025-01-17 14:49:56
5
Notes by BB :
What is risk free to invest in?
2025-01-17 18:28:43
3
Mike :
My emergency fund is the $50k I can loan from my 401k.
2025-01-20 15:25:06
4
Gabby :
What if I make just over Roth IRA guidelines and spend all my money on clothes and food!
2025-01-21 02:21:17
2
pray_doh :
What are “risk free” assets?
2025-03-03 18:15:40
1
dakine.surfer :
thanks for all the videos! I’ve taken your not advice quite a few times now… I’m gonna need to hire a tax attorney this year 😂 have a great one
2025-01-18 06:22:14
2
Musiclover93❌ :
What do you suggest if we are retired and receiving Social Security and a pension? I've been keeping our emergency money in short term CDs.
2025-01-17 13:34:57
3
To see more videos from user @socialcap, please go to the Tikwm
homepage.