This is the “Know Better, Do Better” series born from the countless conversations two CERTIFIED FINANCIAL PLANNER™ professionals, Lauryn Williams and Chloé Moore, have about the trendy narratives and clickbaity articles that make it hard for them to help their clients. They want to help you gain financial confidence and clarity to control your destiny. In this episode of the series, Lauryn and Chloé continue the Investments for Beginners series by explaining the different types of investment accounts. A lot of people end up following the investment trends which can cause them to miss some important steps in preparing for their financial future. They explain with detail some of the main types of investment accounts and how to know which one you should be investing in. If you’re new to investing or have been investing and aren’t sure you really know what you’re doing, this is a great place to start. In part two of this series, Lauryn and Chloé talk about: The three major categories of investment accounts The importance of understanding how you’ll be taxed to avoid a potential nightmare at tax time The difference between taxable, tax deferred, and tax free Understanding the pros and cons of pre tax vs post tax investments Why you want to have a diverse portfolio The importance of understanding the right way to do rollovers How to prioritize between savings, paying off debt, and investing What percentage of your income you should be saving The importance of determining what makes the most sense for you instead of following along with everyone else Getting rich slowly If you want to further connect with Lauryn Williams: Instagram: @worthwinning Twitter: @worth_winning Facebook: @worthwinningfp LinkedIn: @lauryn-williams If you want to further connect with Chloé Moore: Instagram: @financialstaples Twitter: @finstaples Facebook: @finstaples LinkedIn: @chloemoore Shared quote: "If you can’t manage $1,000, you can’t manage $10,000. Financial literacy is not a side effect of wealth. Wealth is a side effect of financial literacy.” RESOURCES MENTIONED: How to Prioritize Saving, Investing, and Paying Off Debt Your Guide to Open Enrollment – Part One Coming up next The next episode of the Know Better. Do Better series, is Investing Part 3 covering the ins and outs of rental properties.