Where money goes when you stop spending it | Shahmaran
Financial
Where money goes when you stop spending it
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Money that is not being spent
You earn money. You spend some of it. Something has to happen to the rest.
Most people are never told what. This is that part.
Sources
U.S. Securities and Exchange Commission — Build Wealth Over Time Through Saving and Investing (order of operations; the emergency fund belongs in a bank)
U.S. Securities and Exchange Commission, Office of Investor Education and Advocacy — How Fees and Expenses Affect Your Investment Portfolio (the $100,000 / 4% / 20-year fee comparison)
U.S. Securities and Exchange Commission — Mutual Funds glossary (what a fund is)
S&P Dow Jones Indices — SPIVA U.S. Scorecard (active funds against their benchmarks over 15 years)