Money Moves for the New Year: Saving Up for a Big Purchase

新年资金流动:存钱买大件

WSJ Your Money Briefing

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2024-12-26

15 分钟
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How can you put away enough money for a major expenditure, like a car, house or improvements on your current home? It starts with making sure you're financially healthy enough to take it on. We hear from 34-year-old South Dakota resident and small-business owner Sallie Doty. She and her husband have been saving to make long-desired renovations on their house. Plus, host J.R. Whalen is joined by certified financial planner Mark Reyes, who discusses when to start budgeting and how to stay on track to reach your goal. Sign up for the WSJ's free Markets A.M. newsletter.  Learn more about your ad choices. Visit megaphone.fm/adchoices
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  • You let him try via Lynn because you love him.

  • And if you love him that much, love him enough to make sure he's buckled up and in the back seat.

  • Find out more at nhtsa.gov slash the right seat.

  • Brought to you by the National Highway Traffic Safety Administration and the Ad Council.

  • Here's your money briefing for Thursday, December 26th.

  • I'm JR Whalen for the Wall Street Journal.

  • Welcome to the third episode of our series, Money Moves for the New Year.

  • As we move closer to 2025,

  • we're answering your questions about not only setting money goals for the next 12 months, but keeping them.

  • Today, we're talking about saving for a big purchase.

  • It could be a house, a family vacation, maybe a new car.

  • For me, it was the metallic blue, two-door Porsche Boxster convertible.

  • I bought in 2013.

  • I had my previous car for way too long.

  • Decided to save and make some adjustments in my spending to meet my resolution of buying the car.

  • Your money briefing listener and small business owner, Sally Dodie,

  • is ready to splurge on a project that she and her husband have wanted to take on for years.

  • Some home renovations.

  • This is your traditional Midwestern split-level home where you walk in,

  • you get two directions to go, and there's not much of an entryway.