Podcasts about liquid savings

I was recently going through our finances and realized that we may be too cash heavy. Should we reallocate? Have a money question? Email us hereSubscribe to Jill on Money LIVEYouTube: @jillonmoneyInstagram: @jillonmoneyTwitter: @jillonmoneySee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Inflation can kill your savings and that's why you have to be strategic and diversify it. There are many ways you can make your money work for you without losing it to inflation!  Watch this video now to learn more about the strategies you can use to diversify your income the way I do it so you can continue generating income no matter what the economy looks like! Key Talking Points of the Episode [00:00] Introduction [01:57] How will inflation affect us? [02:53] What should we do?  [03:50] Liquid Savings [04:43] What my emergency fund looks like  [06:37] AHP Title [07:18] What do you do with the rest of your money? [07:52] Investing in tertiary markets [09:22] Being safe even through a crash [10:12] Focusing on income generation [11:02] Boring is sexy [12:18] Why depreciation doesn't matter in my investments Quotables “I'm not saying that it's gonna be hyperinflation, I'm not talking about like Germany in the 1920's or Zimbabwe or Argentina - I don't think it's gonna be that extreme.” “If anything, I think there's gonna be inflation possibly followed by stagflation.” “Everything is always different. Nothing ever repeats the exact same way.” “I'm just gonna say stay away from that kind of stuff, especially if in an instant it can be gone. Do not get caught up in that kind of hype.” “I love leverage and I like to do that, but I like to keep my money liquid. I like to keep it safe because more important than getting return on your money is getting return of your money.” “It's not just about trying to get your money to work for you, it's about doing it in the right order, in the right way.”

Unless one has been blessed with psychic abilities, no one knows their life's future and can tell when they'll be met with crisis, emergencies, or 'Rainy Days'. But, when those days appear (and trust me, they will), it's a wonderful feeling to know that you have funds immediately available to alleviate the negative impact during your time of need.  Tune in on this episode of the I Despise My '9 to 5' podcast as I give my take on the importance of liquid savings.   ____________________________________________________________________________________________________ We appreciate each and everyone's listening support of our podcast. If your love and appreciation for our efforts ever compel you to want to support our podcast even further, you can make financial donations via the below means: Paypal: you can donate by using jaey.marq@yahoo.com Zelle: you can donate by using jaey.marq@yahoo.com Cash App: you can donate by using $JaeyMarq Many thanks for your all of your support!   Contact info below. Feedback on each episode is always welcomed. Email address: Jaey.Marq@yahoo.com Instagram: Only1_JaeyMarq Twitter: @Only1_JaeyMarq Phone#: 1-602-492-JAEY (5239)

The things you want to consider when choosing an online bank: Interest rates - make sure they are offering high-yield savings accounts Fees - make sure you aren’t paying any monthly maintenance fees Minimum balance requirements - make sure that the bank doesn’t require you to either deposit or maintain a certain balance Mobile accessibility - make sure the bank has a good online portal that allows you to easily access your money ATM fee reimbursement - since online banks are only online, that means that they typically don’t have any of their own ATMs for you to withdraw money from. Make sure that they offer monthly reimbursement for any ATM fees you’ve paid when withdrawing money. There are lots of online banks out there these days. Here are just a few to start with: Ally Bank Synchrony Bank Barclays American Express -- To learn more about Maggie and her coaching and speaking services, visit www.maggiegermano.com. To get more involved with Money Circle: Join the free Facebook group Come to an in-person event in DC Sign up for the virtual membership program The theme music is called Escaping Light by Aaron Sprinkle. The podcast artwork design is by Maggie's dear husband, Dan Rader.

In our final interview with Wilson Lea exploring his article 4 Wise Wealth Tips for Your Wallet, we focus on why it is essential for you to have liquid savings to weather whatever life may throw your way. “Traditional financial planning says that you should have 3 to 6 months of living expenses … In a perfect world this is true,” Lea says. “Admittedly, this can be difficult to do. You should always have some savings, but while you’re working on the other steps, $1000 should be enough cushion to get you over most things that could come up.” Listen to learn more! In case you missed our earlier chats with Wilson stemming from his article 4 Wise Wealth Tips for Your Wallet you can find them here: Part 1: The Importance of Wealth Management Part 2: Save for Retirement Part 3: Pay Down your Debt Part 4: Budget As always, join the conversation by letting us know what are your topic financial goals. Lean in, lean back and enjoy!