@budgetdog_: How To Get Rich As A Busy Parent. Hi! I'm a CPA who went from $304K in debt to millionaire by 30. Even when I was drowning in bills, I built a system that saved my family. Now I'm sharing it with you 👇🏻 Follow @BudgetDog to escape the paycheck-to-paycheck trap. 💵 Automate Your Savings: Set up automatic transfers to a high-yield savings account (4%+ interest) every payday. Start with 10% of your income and increase by 1% monthly to build your emergency fund effortlessly. 💵 Invest in Index Funds: Put money in low-cost, total market index funds for easy diversification. Set up automatic monthly investments to take advantage of dollar-cost averaging and reduce market risks. 💵 Use the Debt Snowball Method: List your debts from smallest to largest. Pay the minimum on all except the smallest, then put every extra dollar towards that one. As each debt disappears, roll that payment into the next one to build momentum. 💵 Maximize Tax-Advantaged Accounts: Contribute to your 401(k) up to the employer match, then focus on a Roth IRA. If eligible, use an HSA as a "secret" retirement account by paying health costs out-of-pocket and investing the HSA money. 💵 Zero-Based Budgeting: Give every dollar a job at the start of each month. Use the 50/30/20 rule as a starting point: 50% for needs, 30% for wants, 20% for savings or debt payoff. Adjust these percentages based on your financial goals. 💵 Regular Financial Check-Ins: Schedule 30-minute reviews of your spending and overall finances. This keeps you accountable and helps you spot areas for improvement. 💵 Stack Your Income: Develop multiple income streams. Start a side hustle, invest in dividend-paying stocks, or create passive income through real estate or digital products. Having diverse income sources increases your financial stability. 💵 Keep Learning About Money: Spend 30 minutes daily reading financial books, listening to money podcasts, or taking online courses. Improving your financial knowledge leads to better money decisions and more opportunities to build wealth.
Budgetdog|Financial Education
Region: PH
Monday 19 August 2024 14:40:33 GMT
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biza kei :
I remembered investing in the 90s it’s absolutely different from today trade , but there still a buddy talking about real trading , have come across his page ,..@Andrew D Mullins
2024-08-22 16:31:30
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Timi | Mr MoneyJar :
Decided to act on faith instead of fear, I'm now reaping the rewards of the bold step and making more money than I could ever imagine all thanks to an amazing man@Louis hunter
2024-08-19 15:58:39
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Marco García :
A promise made is a promise kept, I love the way you have been sincere in your work..The withdrawals I made were amazing. May the Lord continue to bless you ,.@Andrew D Mullins
2024-08-22 09:47:40
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Bianca | Tampa Influencer :
Tested and trusted trader on crypto currency trading @Louis hunter
2024-08-19 21:22:37
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meekuniversity2 :
Having a reliable trader like @Louis hunter gives you the confidence to invest your money in trading
2024-08-19 16:27:22
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