Helping normal people with normal incomes reach financial independence.
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
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 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
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
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