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Who caught our webinar last night covering Series I Bonds with @wealthparatodos? What did you think? ⁠ If you missed it, no worries. We’re still on the I Bond train and are excited to continue answering your questions about them!⁠ ⁠ Interested in buying I bonds? Here are 4 things you’ll want to ask yourself before you do, according to financial experts Rita-Soledad Fernández Paulino and Krystal Todd :⁠ ⁠ 1️⃣ Do you have a 3 month emergency fund? prioritize that before putting ANY money in an I bond. ⁠ ⁠ 2️⃣ Do you have debt with an interest rate above 6%? If so, you may want to pass on I bonds.⁠ ⁠ 3️⃣ Do you have a pile of savings? It makes more sense to invest a lump sum of cash in an I bond than dollar-cost averaging. ⁠ ⁠ 4️⃣ What’s your investment horizon? Are you OK with locking your savings up for at least a year? Are your investment goals more short-term or long-term? ⁠ ⁠ 💭 Asking yourself these q’s can help guide your decision when it comes to I bonds. For more details, head to the link in our bio to read more! ⁠ ⁠ #financialindependence #fire #moneymoves #nextadvisor #investing #personalfinance #stockmarket #cryptocurrency #savings #savingsfund #housingmarket #homeprices #mortgage #savingsaccount #financialliteracy #financialeducation #ibonds #investment #moneytips #personalfinancetips #homebuyer #sidehustle #sidehustletips #sidehustleideas #creditcards #firemovement #trading #stocks #moneynews #financenews
31
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