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RE: LeoThread 2025-04-02 02:30

in LeoFinance6 months ago

Part 3/6:

  1. Employer Match: Take advantage of any employer retirement match, as this is essentially free money.

  2. High-Interest Debt: Pay off any high-interest debts (like credit cards) before moving on.

  3. Emergency Fund: Build an emergency fund covering 3-6 months of living expenses.

  4. Retirement Accounts: Begin investing in a Roth IRA or HSA based on your risk tolerance.

  5. Maxing Out Contributions: Increase your contributions until you hit the maximum limits or reach 25% of your income.

  6. Hyper Accumulate: Invest beyond the initial stages for long-term growth.

  7. Future Goals: Plan for prepaid future expenses and other low-interest debts.