Episode Description
Wondering where your money should go first? Kim and Emily introduce the waterfall savings method—a useful approach to prioritizing your financial goals. Learn why employer matches are “free money” you can’t afford to miss, how to tackle high-interest debt effectively, and discover Emily’s favorite tax-advantaged account that most people overlook as a retirement vehicle.
The Waterfall Savings Method (Part 1)
Episode Summary
Once you’ve built your budget, what’s next? Kim and Emily guide you through the waterfall savings method, a systematic approach to making every dollar count. Think of it like a champagne tower—once one glass fills, it overflows into the next. This episode covers the foundational steps of the waterfall method, with part two coming next month. Whether you’re just starting to save or optimizing an existing strategy, Kim and Emily provide the framework to make confident decisions about where your next dollar should go.
“If you don’t take advantage of your employer match, you’re leaving free money on the table.”
Podcast Description
Financial Strides is your practical guide to financial wellness, hosted by Kim and Emily from Woodley Farra Manion Portfolio Management. Each episode tackles real money questions with clear, jargon-free conversations designed to fit your life and your pace, helping you build confidence in your financial decisions one step at a time.
Woodley Farra Manion does not provide tax, legal or accounting advice. The material discussed in this podcast series is informational in nature and is not intended to provide and should not be relied on for tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors prior to taking action related to this information.