Where To Save Your Next Dollar
Manage episode 484170867 series 3378480
How do you decide where to save your next dollar? Are you overlooking the most tax-efficient account available to you? With so many options, it’s easy to feel stuck or unsure about what makes the most sense. Not every savings option offers the same benefits, and using the right account at the right time may lead to serious tax advantages and long-term flexibility.
In today’s episode, Liz breaks down where to consider putting your next dollar—and the dollar after that—based on tax benefits, your goals, and time horizon.
Here’s some of what we discuss in today’s show:
- The order of operations for where to save
- Building an emergency fund tailored to your needs
- The triple tax advantages of HSAs
- Strategically using Roth vs traditional accounts
- What tax efficiency really looks like in practice
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69 episodes