The Decade Investor Podcast
56: How To Save For Big Expected Expenses (Weddings, Vacations, Cars)
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 Calculator
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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 Calculator
Be sure to follow Decade Investor on all socials & join the FREE weekly newsletter!
Twitter
Instagram
Weekly Newsletter