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56: How To Save For Big Expected Expenses (Weddings, Vacations, Cars)

56: How To Save For Big Expected Expenses (Weddings, Vacations, Cars)

FromThe Decade Investor Podcast


56: How To Save For Big Expected Expenses (Weddings, Vacations, Cars)

FromThe Decade Investor Podcast

ratings:
Length:
10 minutes
Released:
Apr 10, 2024
Format:
Podcast episode

Description

In this episode of The Decade Investor Podcast,  Kolin talks about his process of saving for big expenses that are coming up. These big expenses are expected in the future, not emergencies. Kolin shares the process he follows to start saving money today for those big expenses by knowing what the big expense will roughly cost, working backwards to see how many months/years until he will need that money, then set up a savings plan to get that money set aside now. Kolin shares why it is better to set aside a little today & PLAN for the big expense vs waiting until the last minute to stress about a big purchase. Savings Goal CalculatorBe sure to follow Decade Investor on all socials & join the FREE weekly newsletter!TwitterInstagramWeekly Newsletter
Released:
Apr 10, 2024
Format:
Podcast episode

Titles in the series (66)

Introducing The Decade Investor Podcast - an investing podcast for beginner investors or those who have been investing for 40+ years. Long term thinking with investing wins over time. This podcast is for those long term investors who love to think long term with their money. Every week Kolin (aka Decade Investor) shares stories, tips & ideas that he has used to build his investment portfolio to multiple six figures at age 25. Join along & build long term wealth in a short term world!