12 Month Emergency Fund?! CD LADDER EXPLAINED 💸

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  • Опубліковано 2 лют 2025

КОМЕНТАРІ • 37

  • @TMAM123
    @TMAM123 3 місяці тому +4

    Tbills are not subject to state and local. You still pay federal tax. :). Check treasury direct and you can get them without using investment accounts. Great video!

    • @DebtFreeJessie
      @DebtFreeJessie  3 місяці тому

      @pifs-TM OH, thank you! I knew it was one but not both! I'm going to pin your comment!! I appreciate you saying something.

  • @kristine_budgets_and_bujos
    @kristine_budgets_and_bujos 2 місяці тому +1

    I started building a CD ladder like this because of you! I’ve finally got 12 months started! 🙌🏼 (Now I just have to roll them and keep adding money to them. 😅) I also like the idea that it’s harder to access so I’m not tempted to spend it. 🙃

    • @DebtFreeJessie
      @DebtFreeJessie  2 місяці тому

      Haha, that's the main reason why my money is still in there. It creates a perfect mental barrier for me! Wahoo, psychology!
      So cool to hear your ladder is built and you're working on funding each month!

  • @angbudgetanddebt
    @angbudgetanddebt 3 місяці тому +1

    I love your progress! I totally agree not losing interest keeps me going! I’ll have to look more into bills…

    • @DebtFreeJessie
      @DebtFreeJessie  3 місяці тому

      Thanks, Ang!! Anything that helps to continue saving!
      I might dabble with T bills in the future...we'll see!

  • @lisagratefulme
    @lisagratefulme 3 місяці тому +1

    A CD ladder sounds so interesting. Maybe I will have to give it a try.

    • @DebtFreeJessie
      @DebtFreeJessie  3 місяці тому

      It's been a fun undertaking for me! Thanks for watching!

  • @StephsHealthMatters
    @StephsHealthMatters 3 місяці тому +1

    Snowing outside!!! Oh no! I like the CD bumper too. I love it!

    • @DebtFreeJessie
      @DebtFreeJessie  3 місяці тому +1

      Winter is settling in! Haha, yes! Bumper CDs!

  • @robertmorris2576
    @robertmorris2576 3 місяці тому +1

    Go,Jessie, go!

    • @DebtFreeJessie
      @DebtFreeJessie  3 місяці тому

      Thank youuu! I appreciate your support!

  • @debrasjourney
    @debrasjourney 3 місяці тому +1

    I love the progress you have made. What a really nice amount saved. Enjoy your first snow!! 😍😍

    • @DebtFreeJessie
      @DebtFreeJessie  3 місяці тому

      Thanks, Debra! The first snow is my favorite! I appreciate you hanging out with me for a bit💜

  • @shawnjensen4391
    @shawnjensen4391 3 місяці тому +1

    Great job!!!

    • @DebtFreeJessie
      @DebtFreeJessie  3 місяці тому

      Thank you!! I appreciate you dropping in!

  • @TrishaAnderson926
    @TrishaAnderson926 3 місяці тому +1

    Great video, Jessie! I’m not a natural saver either and definitely need to start doing this.

    • @DebtFreeJessie
      @DebtFreeJessie  3 місяці тому +1

      We got this, Trisha!
      Whatever works to help motivate is a-okay in my book!

  • @susanpacheco8318
    @susanpacheco8318 3 місяці тому +1

    Ah snow! I miss it! I’m on my 11th month of CD ladders and I love it. You’re amazing!

    • @DebtFreeJessie
      @DebtFreeJessie  3 місяці тому +1

      The first snow is always my favorite!!
      Great progress on your CD ladder. Thanks for stopping by, Susan!

  • @budgetlifewithpaula1670
    @budgetlifewithpaula1670 3 місяці тому +1

    Way to go Jessie!🎉 You are crushing your savings goals!!🌸🌺💖

  • @Hotmessbudgets
    @Hotmessbudgets 3 місяці тому +1

    So awesome ❤️‍🔥

    • @DebtFreeJessie
      @DebtFreeJessie  3 місяці тому

      Thank you! I appreciate you taking the time to watch!

  • @libbysworld7649
    @libbysworld7649 3 місяці тому +1

    Way to go, girlie! You're making it happen! It's supposed to snow here tonight in Michigan, your slightly warmer neighbor to the east! LOL

    • @DebtFreeJessie
      @DebtFreeJessie  3 місяці тому

      'Tis the season! My kids are excited to have snow. They're ready to decorate for Christmas already! Hope you're staying warm & cozy, Liz!

  • @budgetsaveshare6313
    @budgetsaveshare6313 3 місяці тому +1

    Love seeing your progress! Keeps me motivated especially when we hit bumps in the road!

    • @DebtFreeJessie
      @DebtFreeJessie  3 місяці тому +1

      Thank you!
      Those bumps along the way are inevitable but at least we can prepare a little more for them!
      I appreciate you taking the time to watch💜

  • @joeriveracomedy
    @joeriveracomedy 3 місяці тому +2

    I'm taking $1k from all my cd's maturing til' dec 26 to have half of my new car's payoff liquid available.

    • @DebtFreeJessie
      @DebtFreeJessie  3 місяці тому +1

      Wow, that will be a great feeling!! Getting a headstart on equity in your vehicle.
      Thanks for sharing!

  • @brendawick
    @brendawick Місяць тому +1

    I do a 6m CD ladder because the rates are higher and I cam add to them more . Then waiting a year to add to them.

    • @DebtFreeJessie
      @DebtFreeJessie  Місяць тому +1

      @@brendawick love that you found a good fit! It's fun to hear about how others are using CDs.

  • @williamwarren9448
    @williamwarren9448 3 місяці тому +1

    I do like to fill out those little trackers for dollars that come Back to me with change ! I am 40 away from a 255 save ! It takes a while for that number at a dollar at a time … but I do enjoy it ! Glenda

    • @DebtFreeJessie
      @DebtFreeJessie  3 місяці тому

      That sounds like a fun challenge to work on with extra dollars! I've started taking my spending money out in cash again. It seems to go farther!!

  • @DebtFreeJessie
    @DebtFreeJessie  3 місяці тому

    What have been helpful ways you've found lend extra motivation to save money?

  • @sarahdiamondart
    @sarahdiamondart 3 місяці тому +1

    I have you c d ladder how do I get the spreadsheet do sell it

    • @DebtFreeJessie
      @DebtFreeJessie  3 місяці тому

      The spreadsheet is free and is linked in the description box!
      Thanks for watching!