#15 - Finances for Actors - Part 7 (Emergency Fund), Part 8 (Retirement) & Part 9 (Debt)
Manage episode 252198429 series 2611773
Michelle Dyer에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Michelle Dyer 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
Emergency Fund:
An emergency fund is money that you put into an account in case of a rainy day.
Actors – this is not money you use from one job to the next – it’s money kept for true emergencies.
I like setting up an emergency fund in a money market account (that’s liquid – aka can sell at any time) that doesn’t show up on my online banking, so it’s out of sight and I’m less tempted to spend it.
Experts recommend saving 6-12 months of expenses in your Emergency Fund.
**Disclaimer: I (Michelle Dyer) am not a financial advisor, please contact one. The views expressed are strictly my own and do not reflect my employer.**
Retirement:
“Retirement?! Why do I need to be thinking about retirement in my 20’s? I’m just barely getting by now!”
Check out my blog post on Compound Interest.
…and my favorite JP Morgan Compound Interest Chart
The earlier you start saving, the better off you will be.
Your future self will thank you!
Debt:
Items Referenced:
- Book – The Total Money Makeover – Dave Ramsey
- Workshops – The Actors Fund
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15 에피소드