Check out a list of some smaller and some bigger things you can "invest" your money in that can bring a massive return in your life: http://www.WePayOffDebt.ca/cash
Some people think "Nah, people with extra money just don't exist", but in fact, some people are born savers and end up piling up money that they don't know what to do with. Some people win a lottery and just put it in their account to feel good about it being there. Some have an insurance settlement that they decide to just leave in the account. In this episode, I go through what should be done with a chunk of money that you just don't know what to do with, and the paradigms around doing so.
NOTE: This all assumes that you're life is stable financially at the moment. If, for instance, you're in school right now, keep piling up money to make sure you get through school debt-free. If, for instance, you lost your job, or you've experienced some traumatic issue recently, go ahead and leave the cash there until you've walked through this season in your life. But if things are well and you have a solid job with a solid income, then this episode is for YOU.
Also, at the end we have a few listener questions:
- Emily: How do you make time to stay on top of your budget when times get busy? How do you deal with increases to the cost of living when you're already living paycheque to paycheque?
- Paul: Should I use my emergency fund to buy a cow? It'll fill my pantry for a long time, and if not, then it would take us a long time to save up for it.
New Heights with Jason & Travis Kelce
Football’s funniest family duo — Jason Kelce of the Philadelphia Eagles and Travis Kelce of the Kansas City Chiefs — team up to provide next-level access to life in the league as it unfolds. The two brothers and Super Bowl champions drop weekly insights about the weekly slate of games and share their INSIDE perspectives on trending NFL news and sports headlines. They also endlessly rag on each other as brothers do, chat the latest in pop culture and welcome some very popular and well-known friends to chat with them. Check out new episodes every Wednesday. Follow New Heights on the Wondery App, YouTube or wherever you get your podcasts. You can listen to new episodes early and ad-free, and get exclusive content on Wondery+. Join Wondery+ in the Wondery App, Apple Podcasts or Spotify. And join our new membership for a unique fan experience by going to the New Heights YouTube channel now!
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
24/7 News: The Latest
The latest news in 4 minutes updated every hour, every day.