143: 7 Baby Steps to Build Your Wealth
Tune in to the podcast today for the conversation.
We are in a transition period Life is just different. We are coming through an economic crisis, Housing crisis, financial crisis… Life all around is a little rough right?
Today we are going to discuss the 7 baby steps to build your wealth.
Tune into the podcast to hear this conversation in depth!
Baby step 1- eliminate all the credit cards and Save to 1000
Baby Step 2- pay off everything in a snowball effort- this means your credit debt,
Baby Step 3- now everything is paid off- save up to 3-6 months worth of expenses in an emergency fund
Baby Step 4-invest 15% of household income in retirement
Baby Step 5-Save for children college fund- no kids? Start saving that toward retirement.
Baby Step 6- pay home off early
Baby Step 7- build wealth and give back -
Like Lori said- “You dont need to be perfect to do money right. Just be intentional with your money to succeed”
________________________________________________
See You next week for a new episode!
______________________________________________________________________
listen to the full episode
on your favorite podcast streamer below.
-> Apple
-> Spotify
______________________________________________________________________
Extra Real Estate with Soul Links you can’t miss!
Are you SUBSCRIBED to our YouTube Channel?
Subscribe at https://www.youtube.com/c/LoriAlvarez and tell us you did by messaging us on our
Felt inspired by this episode? Let us know! We'd love to hear from you by leaving our Podcast a review. And you just might get a special shout-out on the podcast! Thanks for choosing to spend your time with us!
Want more behind the scenes?
Like our Real Estate With Soul, The Podcast Page on Facebook
- Agent 4
- Airbnb 1
- Buy and Sell Real Estate 10
- Buyer 43
- Buyer Agent 1
- Buying 23
- Buying young 2
- COVID 1
- California real estate 18
- Career 9
- Community 11
- Dave Ramsey 3
- Eco-friendly 1
- FSBO 1
- Family 6
- Financial Planning 7
- Goal Setting 15
- Guest 23
- Holidays 4
- Homeowner 22
- Homeshowings 1
- Inspections 2
- Insurance 2
- Investing 13
- Legal 1
- Lender 5
- Market 11
- Market Trends 1
- Market Update 8
- Mindset 28
- Mortgage 6
- Photos 1
- Pools 1
- Real Estate 2023 23
- Real Estate Agent 55
- Real Estate Fraud 1
- Real estate 2023 23
- Realtor 8
- Renting 2
- Safety 4
- School 4
- Seller 40
- Selling 23
- Testimonial 1
- The Real Value of a REALTOR 2
- VA loans 1
- Veterans 1
- Warranties 1
- Wellness 13
- Woman 2
Disclaimer: Please verify all information with the licensed professional of your choice.