Helping normal people with normal incomes reach financial independence.
If investing $100k seems impossible, you should know that the halfway point to $100k isn’t $50k—for most people, it’s actually about $25k to $36k. That’s about half the amount that you probably would have to invest before you reach a $100k net worth. That’s because investing $100k doesn’t mean saving $100k of your own money. … Read more
Investing $100k may seem impossible, but this goal is still achieveable even if you don’t have an extra $500 or $1,000 a month to invest. This article will show you how to invest your first $100k in 7 to 15 years, starting from $0. But first, let’s take a look at why reaching $100k is … Read more
If you can’t invest 20% of your income for retirement, you could still build wealth by investing what you can. If you can invest just 5% more of your income starting in your 20s or 30s, you could make a huge difference to your net worth by the time you turn 62—even if you make … Read more
If you struggle to invest at least 20% of your income for retirement, the good news is that you could still build substantial wealth by investing what you can. If you can invest just 4% more of your income starting in your 20s or 30s, you could make a huge difference to your net worth … Read more
Although you should strive to invest at least 20% of your income for retirement, investing 20% might not always be doable. The good news is that you could still make massive progress toward financial freedom by investing just 3% more of your income. If you earn $30k to $55k a year, investing 3% more of … Read more
If you want to work toward financial freedom but are on a tight budget, you can still build wealth if you harness the power of small progress. If you can’t invest 15%, 20%, or 25% of your income, the good news is that you could still make a huge difference to your financial future by … Read more
If you earn a low to median income, traditional advice to invest 15%, 20%, or 25% of your income can feel overwhelming and unachievable. If you’re struggling to invest, aiming to invest just 1% more can be an achievable goal if investing 15%, 20%, or 25% is impossible on your current income. And while easy … Read more
If you want to know how to build wealth on a lower income, here’s the secret: You’ve got to invest what you can now. Your money grows much more efficiently if you invest what you can now instead of waiting years until you earn more to start investing. That’s because your most powerful wealth-building tool … Read more
Investing your first $100k is your most important financial goal on your way to financial independence. The sooner you reach your first $100k, the sooner your wealth starts to skyrocket because of the power of compound interest. If you want to boost your progress toward your $100k investing milestone, you absolutely should be investing the … Read more
Investing your first $100k is your most important financial goal on your way to financial independence. Because of compound interest, once you reach $100k your wealth starts to skyrocket. Investing your first $100k may seem daunting if you earn a low income, but this goal is actually much more achievable than it initially sounds due … Read more
Maxing out your Roth IRA is one of your most powerful wealth-building tools, which is why you should make maxing out your Roth IRA every year one of your top financial goals. And even if you’re a first-time investor, maxing out your Roth IRA this year could make a substantial difference to your financial future. … Read more
The biggest myth that keeps you from building wealth is the idea that you don’t have enough money to invest or that you don’t have enough money to make investing worthwhile: If you procrastinate on investing because you don’t think your income is high enough to make investing worthwhile, you’re actually wasting your biggest wealth-building … Read more
Reaching $100k in investments as soon as possible is your most important financial goal, but reaching your first $100k can often feel impossible. However, this goal is more achieveable if you break it down into smaller, more manageable steps, like reaching your first $10,000 milestone. Because of the power of compound interest, if you can invest … Read more
Investing $100k as soon as possible is your most important financial goal, but reaching your first $100k often feels impossible if you earn a low or even a median income. That’s why you should break this goal down into smaller, more manageable steps. This guide will show you the specific numbers behind why saving your first … Read more
Investing $100k as soon as possible is your most important financial goal, but reaching your first $100k often feels impossible if you earn a low or even middle income. That’s why you should break this goal down into smaller, more manageable steps. This guide will show you the specific numbers behind why saving your first … Read more
The maximum amount of money that you can contribute each year to your Roth IRA is $7,000 if you’re under age 50. While maxing out your Roth IRA is ideal, it’s not always possible—especially if you earn a low income. But if you can’t max out your Roth IRA, you can still make incredible progress … Read more
Your 40s is a crucial time for investing: If you’re not on track to retire, your 40s is really the last opportunity you have before investing for retirement becomes extremely difficult. That’s why if you’re in your 40s, you absolutely need to make sure that you’re on track to retire comfortably. Whether you’re in your … Read more
Whether you’re just entering your 30s and want to start investing or you’re approaching 40 and are worried about your retirement account balance, it’s still not too late for you to start investing. Your 30s are the second-best decade of your life to start investing because of the power of compound interest, so you’re going … Read more
When you’re in your 20s, it can be difficult to know how to get started with investing. The good news is that if you’re starting to invest in your 20s, you’re already making incredible progress on your wealth-building journey: The younger you are when you start investing, the more compound interest—money—you could have in the … Read more
Do you know what it takes to level up your finances? Whether you’re struggling financially and want to start thriving, or if you’re financially stable and want to reach financial abundance, this guide is for you. Level 1: Emergency mode (financial instability) If you’re in emergency mode, your income-to-expenses ratio is not sustainable. Being in … Read more
Because of an obnoxious subset of FIRE devotees who tout extreme savings rates and brag about retiring in their 30s, the FIRE movement is often portrayed either as a ridiculous quest to live in utter destitution in an attempt to retire decades early or as a lifestyle choice that’s only accessible for high-income earners. If … Read more
If you want to be financially independent, you should make reaching 100k as soon as possible your top priority. Reaching 100k is your most important financial goal because if you develop the discipline it takes to reach 100k, then you have what it takes to reach financial freedom. Here’s why: Your first 100k will be … Read more
If you don’t earn a high income, you might believe you have too little money to make investing matter. However, this belief is not only false—it actively hurts your finances and can cause you to miss out on tens or even hundreds of thousands of dollars or more in future investment income. Investing on a … Read more
There is a massive, glaring problem at the heart of mainstream FIRE (Financial Independence Retire Early) content: Much of mainstream FIRE content presents achieving FIRE as a result of extreme savings rates that are utterly divorced from realistic incomes and real-world expenses. This type of content typically is peddled by out-of-touch men who make bloated … Read more