GRWM: Short Term vs. Long-Term Savings

Which is better maxing out your 401k or long term savings?

Give me one money market that gives 4-5 %
No where did you mention a CD
No where did you mention a 3-5 year fixed annuity.

I’ve had an Ally savings account for nearly a year now. I started the baby steps not too long ago. I’ve been trying to decide whether to be putting my emergency fund into that account or a money market account now that I’m on Step 3. I don’t really see a reason why I’d put it in a money market account over my Ally savings.

What’s your take on CDs?

Good day we may have 2 to 20 million with returns included.7.5

When you get 4% savings account, do you get your 4 % on a monthly basis or a yearly basis?

How. Much. Should. Go. Saving

Money market accounts ARE FDIC insured....money market funds are not...

She is a cutie…….thanks for the tips

How do you contribute to a 401K "up to the employers matching point"? my employer has this formula that they contribute X% all year as long as you contribute, so it takes all year to realize the total matching point.

We have Checking, Short Term Savings/Personal Escrow, Emergency Fund Savings, and Investments. We don't have Long Term Savings. Checking is for monthly bills and cash. Our Short Term Savings is for infrequent but anticipated bills (property tax, insurance, vacation, etc.). Our Emergency Fund is for unexpected expenses (AC Repair, new Refrigerator, Medical, etc). It's constantly used and replenished. Investments are for Asset purchases (Mutual Funds, Small Business, etc). Our invested money is not for paying expenses.

These are hot and shes bad af!!! More of these vids, im stiff 😊

You’re cute!

We opened a high yield savings with Ally due to your recommendation a bit ago! So nice seeing that interest grow monthly. Wish I had opened it sooner for our emergency fund/short term savings

Don't get why women record videos while applying make up. Is it an attention thing? Are they subliminally selling us make up? Do they want us to see the transformation while they speak on something not make up related? Sorry, don't get it.