How to Save Money and Where to Prioritize It
In this video I share my thoughts on how to prioritize your savings.
If you're saving more than you spend, you may be wondering where you should put that extra income. In this video I breakdown 10 different ways to save, and I rank them in order of priority.
0:00 Intro
0:44 Step 1 - 401(k) Match
1:13 Step 2 - Pay off high interest rate credit cards
1:34 Step 3 - Emergency Savings
2:08 Step 4 - HSA
2:39 Step 5 - Roth
3:13 Step 6 - Saving for home
3:39 Step 7 - Student Loans
4:00 Step 8 - Max your 401(k)
4:49 Step 9 - College 529
4:28 Step 10 - Brokerage Account
6:13 Final Thoughts & Outro
My name is Alan Hensley. I’m a CERTIFIED FINANCIAL PLANNER™, and I love coming to work every day because it’s my job to help successful people create a financial plan so they can find more time to enjoy life. Taking the responsibility of retirement planning off my clients’ shoulders is something I take very seriously.
Want to connect? Click here to schedule a time for us to chat: http://www.alan-hensley.com
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