The first actionable step you need to take in your wealth journey is freeing up some money. You may need to pay down some debt, stop living paycheck to paycheck, or simply increase how much you’re investing. Where ever you are in your journey, AJ covers what you need to do to take a big step forward.
- 1. Stop spending it
- Increase friction
- Dave Ramsey talks about spending cash
- Hide your cards for emergencies only
- Budget!!!
- Plan a budget where you can free up 15%
- Mint.com
- Write down your expenses
- Look to find cheaper solutions to reoccurring charges
- Like insurance
- Start small
- Adopt the 30 day rule for large purchases
- Avoid FEES like the plague
- Look at the FUTURE cost of the item
- Increase friction
Shoutouts
- Dave Ramsey – https://www.youtube.com/user/DaveRamseyShow Join Webull and get 2 FREE STOCKS after you transfer $100 or more: https://act.webull.com/promotion/invitation/share.html?inviteCode=YGUxWYdsbWwj
