Are you struggling with budgeting and keeping money in your savings account? On this episode of the BYLU podcast, Daniel and Nathan discuss The Art of Saving article. This is one of the first articles Nathan wrote when they launched the BYLU Campaign in February of 2017. Tune in as they discuss the three different types of savers: The Checking Account #2 Saver, The Short Term Saver, and The Wealth Building Saver. As well as transitioning from college to adulting, the importance of paying yourself first, and how Nathan uses his Indexed Universal Life Insurance policy as a savings account.
Time Stamped Topics:
[3:50] - Adulting: Transitioning from College to Corporate America
[14:11] - Checking Account #2 - Never Saving
[16:50] - Short-Term Saver - Saving to Spend
[22:10] - Stay Ready, Be Prepared
[29:32] - Life Insurance
[45:50] - Uninterrupted Compound Interest Saver - Saving to Build Wealth
[53:10] - The BYLU Takeaway: