The Ramsey Show · You Don't Win With Money By Accident
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Recommended using a high-yield savings account instead of market investments to save for a known short-term lump-sum liability
“They created the Smart Bundle for Ramsey fans, which includes a high-yield savings account and no monthly fee checking… you can have 10 different high-yield savings accounts for different goals.”
“They have 10 different high-yield savings accounts ... no-monthly-fee checking ... custom debit card ... reminds you about goals.”
“I'm a huge fan of using equity to invest... Use the equity, save tax and invest. So that'll be a combination like I own property, I also own shares.”
“This is where you're paying tax now at a known rate. That's where it might save you from paying at a higher potential rate later on.”
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