This is part nineteen in a series that will occupy the “money hacks” slot at Get Rich Slowly during April, which is National Financial Literacy Month.
Michael intended today’s video to be the final one in the series. Here he ties everything together and explains how we can use the things he’s taught to make better decisions about saving and investing:
Getting started (7:18)
I have nothing to add — Michael does a good job summarizing what we’ve learned, and discussing what to do next. He doesn’t offer any specific advice, but provides general tips and encouragement. After viewing his series, you should be able to take the next steps on your own.
If you want specific advice, though, I hope to have a brief guide to Roth IRAs posted in the next few days, including — by popular request — how to actually start an IRA. I promised a few people that this article would be posted today, but it’s not finished. Real life intervened. I should never promise specific articles by specific dates! (Maybe once I quit my day job and blog full time I can adhere to a schedule.)
Tomorrow Michael wraps things up by discussing some money myths.
Michael Fischer spent nine years at Goldman Sachs, advising some of the largest private banks, mutual fund companies and hedge funds in the world on investment choices. Look for more episodes of Saving and Investing at Get Rich Slowly every weekday during the month of April. For more information, visit Michael’s site, Saving and Investing, or purchase his book.
GRS is committed to helping our readers save and achieve your financial goals.Savings interest rates may be low, but that’s all the more reason to shop for the best rate.Find the highest savings interest rate from Ally Bank, Capital One 360, Everbank, and more.