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Post by ktpveteran6499 on Jun 16, 2019 9:14:17 GMT -5
Question, I'm putting $144 a week into tesphe, and $500 a week into regular savings. I have no major bills anymore. Should i be putting more in tesphe and less into savings? I know after a certain amount you put in tesphe it gets taxed correct? Should i dump all $644 a week into tesphe?
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Post by pmooret on Jun 16, 2019 9:51:56 GMT -5
You should have at least 6 months of living expenses on hand in case of injury or illness of yourself or family member, one year would be better. Tesphe is not considered "on hand" as you would have to take out a loan or withdrawal. Once you have reached that amount personally I'd put everything in tesphe since for now it is doing very well. Whenever market goes down again, which it will, you might want to go back to putting majority in bank where it's safer.
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Post by fordlapworker1993 on Jun 17, 2019 12:11:36 GMT -5
You come on this site for financial advice? Lmao
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Post by nra4life on Jun 17, 2019 12:33:02 GMT -5
You come on this site for financial advice? Lmao Lol....as my grandpa used to say “never take money advice from broke people” stay safe people |
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Post by ktpveteran6499 on Jun 17, 2019 16:21:47 GMT -5
I needed a good laugh today guys, thanks
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Post by ktpbob on Jun 17, 2019 19:00:57 GMT -5
Dave Ramsey podcasts will tell you all you need to know
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Post by plantworker2019 on Jul 12, 2019 19:25:46 GMT -5
You come on this site for financial advice? Lmao Take the whole amount and stand at the gate every Friday and hand it out to your co workers, it’s the same as saving it, cause you can’t take the money with you so someone else will end up spending it!!! Spend that money buddy you can’t take it with you Enjoy Life!!! |
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