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Finance Friday!! On today's episode we'll chat through The 5 Steps to THRIVE heading into a Recession.
5 to Thrive in a Recession - How to thrive in a recession and beyond:
1) Mindset/financial literacy - invest in YOU and work on your financial mindset, literacy and education. Book recs: rich dad poor dad, secrets of a millionaire mind, the richest man in Babylon, think and grow rich
2) Pay yourself first - 10% minimum, 30% is great, 40% and you’re on your way to being rich
3) Spend less than you make, mind your money - 90 days print out statements, go through it, what you track grows
4) Make your money work for you - invest - stock market, RE, crypto, infinite banking
5) Understand taxes - start a side hustle, invest in RE
If you found this helpful would you do us a favor and share it on social media and tag the link to the episode?! Thanks friend!
Timestamps:
--
Let's Connect!
To get more info and updates on the podcast
@gettingmagnetic
Follow our personal Instagram accounts
@sandyclaus7
@wellnesswithwade
Check out our website for all things Getting Magnetic
https://www.sandyandwade.com/
5
430430 ratings
Finance Friday!! On today's episode we'll chat through The 5 Steps to THRIVE heading into a Recession.
5 to Thrive in a Recession - How to thrive in a recession and beyond:
1) Mindset/financial literacy - invest in YOU and work on your financial mindset, literacy and education. Book recs: rich dad poor dad, secrets of a millionaire mind, the richest man in Babylon, think and grow rich
2) Pay yourself first - 10% minimum, 30% is great, 40% and you’re on your way to being rich
3) Spend less than you make, mind your money - 90 days print out statements, go through it, what you track grows
4) Make your money work for you - invest - stock market, RE, crypto, infinite banking
5) Understand taxes - start a side hustle, invest in RE
If you found this helpful would you do us a favor and share it on social media and tag the link to the episode?! Thanks friend!
Timestamps:
--
Let's Connect!
To get more info and updates on the podcast
@gettingmagnetic
Follow our personal Instagram accounts
@sandyclaus7
@wellnesswithwade
Check out our website for all things Getting Magnetic
https://www.sandyandwade.com/
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