Personal Finance: Knowing how where your money goes
Investing: Know how to deploy your money to make MORE money
5 Tips to RETIRE EARLYπ
Investing: Know how to deploy your money to make MORE money
5 Tips to RETIRE EARLYπ
1/ Budget Regularly
The earlier you can take control of your finances the better
This involves knowing the money you have coming in and money going out
Review your expenses regularly to determine if there are areas you can cut in order to save $$
Budgeting is your roadmap
The earlier you can take control of your finances the better
This involves knowing the money you have coming in and money going out
Review your expenses regularly to determine if there are areas you can cut in order to save $$
Budgeting is your roadmap
2/ Build An Emergency Fund
You never know when the unexpected might hit
- Job Loss
- Health Issues
- Home Repairs
By maintaining a 6mo Emergency Fund you will be prepared and will not be set back
You never know when the unexpected might hit
- Job Loss
- Health Issues
- Home Repairs
By maintaining a 6mo Emergency Fund you will be prepared and will not be set back
3/ Utilize the Power of Compounding
Start investing early in order to take advantage of the POWER of COMPOUNDING
This is the process of reinvesting dividends back into stocks which grow your share count
More Shares + More Dividends = More Wealth
Start investing early in order to take advantage of the POWER of COMPOUNDING
This is the process of reinvesting dividends back into stocks which grow your share count
More Shares + More Dividends = More Wealth
4/ Take Advantage of Retirement Accounts
A Roth IRA is one of the BEST retirement accounts available today IMO
You invest AFTER tax dollars and NEVER worry about taxes again
Contribution Limit: $6,000 in '22/$6,500 in '23
A Roth IRA is one of the BEST retirement accounts available today IMO
You invest AFTER tax dollars and NEVER worry about taxes again
Contribution Limit: $6,000 in '22/$6,500 in '23
5/ Never Stop Learning
Just like the world evolves, so should your investing
Never stop learning and looking for ways to build wealth
Investing in yourself is the ULTIMATE investment
Just like the world evolves, so should your investing
Never stop learning and looking for ways to build wealth
Investing in yourself is the ULTIMATE investment
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SNHU has one of the largest accredited, non-profit, online degree offerings in the country
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