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Jennifer, Idaho, IRA discussed on The Dave Ramsey Show - #9149: Are 0% Car Loans a Good Idea? (Hour 3)

The Dave Ramsey Show - #9149: Are 0% Car Loans a Good Idea? (Hour 3)
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The Dave Ramsey Show

Automatic TRANSCRIPT

The higher the percentage of your incomes allocated some of these things fresh this the percentage of my income i spend on food is extremely small because there's only so much food you can take in you know i mean is that that doesn't matter which by and so it's not you know it with a big income you you know the amount you spin on food is not going to be much and the amount spent on insurance is not going to be as much percentagewise so that's the thing i don't have a good solid number on that but you do need to make sure you know grab one of our books and and make sure you're touching the basic types of insurance and that you have them in place that's part of a decent financial plan jennifer's where this an idaho falls hide jennifer how are you good how are you better than i deserve what's up well i'm not too long ago but i wanted to know what the difference between a fire when came in iraq ira may work started offering a roth ira along with our 401 k you mean a roth 401 k i'm not sure i had are they had a 40 had a regular 401 k now they're offering the roth 401 k they can't offer an ira at your work on the you can i buy an ira the roth when he says roth in front of it what it means is that the money that you're putting in there has already been taxed it's after tax dollars going in no tax break on the contributions but it grows completely tax free.