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Transfer Tuesday | 2024 Roth IRA 💯 ✅ 

Personal Finance with Leila - Debt Over It
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Happy Transfer Tuesday!
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What is Transfer Tuesday?
It was coined by Mary from ‪@PenniesNotPerfection‬ and it's the day of the week where you move ANY amount of money to ANY of your financial goals (debt, savings, investments, sinking funds, etc.).
I tend to transfer money multiple times a week to my various goals, but I always make a transfer on Tuesday as well!
What's the point?
You will make quicker progress the more transfers you make (less interest paid on debt, more interest gained in your savings accounts, more money compounding in your investments). It also helps your money mindset because it feels good to make progress on a regular basis!
Other info about my journey:
I am currently focused on saving and investing!
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#TransferTuesday #SinkingFunds #Sabbatical
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*The links above may be affiliate links. This just means that if you make a purchase through one of the links, I make a small commission at no extra cost to you. I appreciate the support!
DISCLAIMER: I am not an expert or a financial advisor. I simply love talking about finances and want to share my journey to financial freedom and help others along the way!

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4 окт 2024

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Комментарии : 28   
@ImaniLove94
@ImaniLove94 8 месяцев назад
🥳 I paid $713.43 in debt this week which was the bulk of my paycheck after bills. But in lieu of foregoing savings all together I decided to round out some of savings accounts which felt like a big win! Thanks for being my virtual accountability buddy
@ro2409
@ro2409 8 месяцев назад
Awesome job!!! I have been trying to combine accounts. So i moved an old Acorns over to my Roth IRA, so i am at $2,700 for 2024.😊
@PersonalFinanceWithAshtyn
@PersonalFinanceWithAshtyn 8 месяцев назад
Thank you so much for the words of encouragement! I am going to try and make a plan to start a channel. I have a lot of debt right now and I think it’ll be great to document and show others they’re not alone in their financial journey😊 when I started watching you, you had 4k subscribers and it’s been awesome to see you grow in your journey on RU-vid and in your finances. I am doing a low spend year this year for the first time ever and trying to pay off my debt so I think it will be a great to start posting videos on here about how it’s going 🤗 this week I set up automatic transfers to my savings accounts to help me towards my savings goals 😁😁
@NanetteLoves2Budget
@NanetteLoves2Budget 8 месяцев назад
Definitely hope you start a channel!
@jaelasam
@jaelasam 8 месяцев назад
It's amazing the freedom that paying off debt brings. I had hoped to he debt free by the end of 2023 and while it didn't happen, I'm so close so I will keep pushing until it's done. Mid 2024 is now the goal 🤞🏾. Watching yuh crush your goals is always inspiring. Congrats and keep up the amazing momentum towards financial freedom 💞
@haileyreign971
@haileyreign971 8 месяцев назад
CONGRATS ON MAXING YOUR ROTH!! ❤🎉❤🎉❤🎉❤🎉 Focusing on debt & replenishing emergency funds from 2023, but I'd like to start contributing to a ROTH come next year (2025). 😊
@PersonalFinancewithLeila
@PersonalFinancewithLeila 8 месяцев назад
Thank you Hailey!!
@densrier
@densrier 8 месяцев назад
I would love more detailed information about ROTH IRAs, I can't wait for your video about it!
@KatieoftheHouse
@KatieoftheHouse 8 месяцев назад
Huge congrats on fully funding your 2024 Roth already 🎉 I can’t contribute to a Roth IRA due to income, but I’m hoping to take advantage with a backdoor Roth soon 😊
@josebarronjr5838
@josebarronjr5838 8 месяцев назад
Congrats Leila on maxing out your Roth IRA! Thank you for continuing to share such inspiring content.
@catgodfrey6451
@catgodfrey6451 8 месяцев назад
Great job on ROTH. I’d like to max my ROTH out also this yr. Thanks to you I learned of opening accounts bonuses so I did it again for $300 going to HYSA when pd out😊❤😊
@planningredhead
@planningredhead 8 месяцев назад
Great start to the year!
@andrewt5381
@andrewt5381 8 месяцев назад
If you win lottery or win any money from casino, your income may exceed the limit to contribute to ROTH IRA. Dont play lottery or go to casino this year
@joshtracklarson
@joshtracklarson 2 месяца назад
how does it work with compound interest if you start a Roth IRA in 2020 and transfer it to a new Roth IRA started in 2024?
@karenratliff4279
@karenratliff4279 8 месяцев назад
Love your videos!!! 🎉
@catinhat95
@catinhat95 8 месяцев назад
Hi Leila, will you list out your favorite RU-vid vloggers - not just budgeting ones but lifestyle wants too? Thank you!
@PersonalFinancewithLeila
@PersonalFinancewithLeila 8 месяцев назад
The only vlogger who I never miss a video of is Sophie Jayne Miller in Australia! I also watch a lot of booktubers (Sara Carrolli, Haley Pham, Destiny Sidwell, and Lexi/newlynova)!
@MidlifeMoneyMoves
@MidlifeMoneyMoves 8 месяцев назад
How am I just now realizing I can use the goal tracker spreadsheet you set up for me in my transfer Tuesday vids? 😂😂😂
@PersonalFinancewithLeila
@PersonalFinancewithLeila 8 месяцев назад
😂 I honestly didn't even think of that either!
@reneeslembarski
@reneeslembarski 8 месяцев назад
So inspiring to see you max out your Roth IRA this early in the year! Last Friday I contributed $583 to my Roth (still working on 2023 while it’s allowed b4 tax day) and transferred $50 to my brokerage account yesterday. Today I transferred $20 to a savings challenge. Great week for me! Question - I just started using sinking funds last year, is your strategy to always work on them one at a time to make bigger progress versus a smaller amount to multiple SF goals each paycheck? I’ve been doing the latter and contemplating switching…..interested to know what others do. I still have some debt (should be paid off by July) and feel pulled in so many directions.
@PersonalFinancewithLeila
@PersonalFinancewithLeila 8 месяцев назад
Great transfers Renee! I used to always save a little each month to my sinking funds and I still do that with a few (gifts, car maintenance, car insurance). Now that I'm debt free I like focusing on my bigger savings goals/sinking funds one at a time!
@mayurid3
@mayurid3 8 месяцев назад
🎉🎉🎉
@Lp2074
@Lp2074 8 месяцев назад
Do you have one Roth IRA that you add to each year or do you open a new one each year?
@mattatwar
@mattatwar 8 месяцев назад
One account.
@PersonalFinancewithLeila
@PersonalFinancewithLeila 8 месяцев назад
Correct just one account
@Lp2074
@Lp2074 8 месяцев назад
@@PersonalFinancewithLeila thank you! Now I get it. I watch you and Pennies not perfection too and thought at first you were setting up new ones over and over. This is way easier than I thought. Now if only I had the funds to do so. LOL.
@Shivanshu_Edits
@Shivanshu_Edits 8 месяцев назад
Hi Leila, I have watched many videos of urs and I love your CONTENT and ENERGY. I am curious if you need an editor for ur channel or an assistant editor may be? I emailed you few days back but haven't got a response. Can we have a quick call/chat!
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