How to Make Variable Expenses Work for You

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The more you can turn a variable expense into a fixed expense every month, the easy it's going to be to sock money toward your long term goals. The average american’s biggest three expenses are housing, food and transportation. So food is a big ticket item and necessarily a variable one. And so because of that, i know that i'm going to spend 60 dollars per week at imperfect foods. Every week i design a box that costs exactly like sixtyos, 61 dollars, you know, 60 dollars and 32 cents,. ly exact. It's actually kind of a game for me. I try to see how close to 60 i can get it. But at any rate,

#362: David is questioning how to better manage his spending. He’d like a stronger framework to think through budgeting challenges.

Elisa and her husband bought a home, and now they’re saving extra income every month. She has a pension and her husband is an entrepreneur. How much should they be saving for retirement and how should they invest their extra money?

Geoff invested primarily in taxable brokerage accounts for the last twenty years. He’s built a $6 million portfolio and reached financial independence. He wonders about the smartest strategy for withdrawing from those taxable brokerage accounts to efficiently manage capital gains?

Jenna and her husband are planning on buying their next home in a few years. She wants to know if I-bonds are a good way to save for the down payment and closing costs.

Former financial planner Joe Saul-Sehy and I tackle these four questions in today’s episode.

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