i love the fact that he his a separate fund for a down payment like that. He's not commingling his funds, which is also incredible. This is an awesome hack that i used to use all the time. Instead of having a car payment, build a fund month after month. I have a car payment that went in the separate fund. Ye, i love that, make a car payment to yourself. It was so cool. And whow, wow. Paulai investing for, i think he said he's investing for three years. 95 thousand dollars in retirement accounts in three years. You know what? Yes, we haven't done round of applause or this is phenomenal.
#358: Where is the balance between the risks and potential returns of actively and passively investing in index funds?Where do you place your savings after you max out your retirement and HSA accounts?
How do you finance building a rental unit when there’s already a home on the lot?
Is it more beneficial to buy back pension time with post tax deductions or a 457b plan? Or should I not buy back pension time at all?
In today’s episode, former financial planner Joe Saul-Sehy and I discuss the purpose and practice of mindful money.
Do you have a question on business, money, trade-offs, financial independence strategies, travel, or investing? Leave it here and we’ll answer them in a future episode.
Enjoy!
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