Hedgeye Podcasts Hedgeye NexGen | Episode 34 | Financial Planning
Apr 1, 2026
A primer on using your salary as the main wealth-building tool. Clear rules for tackling debt, building an emergency fund, and the right order to save. Why Roth IRAs and Roth 401(k)s matter for young investors. Practical saving targets, compounding examples, and when to worry about stock picking. Basics on education accounts like ESAs and 529s.
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Pay Off Debt Before You Invest
- Do pay off high-interest and recurring debts first before investing.
- Ryan Ricci prioritizes eliminating credit card and student loan payments so the freed $300–$500/month becomes savable income.
Paid Cash For A Modest Car
- Bennett bought his car outright with cash and avoided auto loan interest and depreciation costs.
- Ryan Ricci praises the Ford EcoSport purchase as an example of sensible, low-cost vehicle decisions.
Build A 3 Month Emergency Fund
- Do build an emergency fund once high-interest debts are handled; target at least three months of expenses.
- Ricci suggests young people aim for ~3 months while families might need 5–6 months depending on dependents and housing risk.
