Your Cheddar hosts Kristen Scholer and Tim Stenovec explore the 4 different types of saving strategies: emergency fund, short-term, mid-term, and long-term.
The most important aspect of the short-term strategy is that the money is liquid. You want to be able to have access to the cash as soon as you need it. In terms of mid-term strategies, you might want to consider a CD, as the goal is to save for 10+ years down the line.
Plus, for the long-term saving strategy, you need to be thinking about retirement. Some experts suggest putting money into an IRA or 401(k).
Amanda Chin, SVP of Marketing for the Golden State Warriors, stops by Cheddar to debut Valkyries name and logo and talks why women sports is good for business.
The return of ‘meme stocks’ don’t mean it’s time to panic about the stock market. If you want something to worry about… look no further than inflation.
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