This!! So much this!! If you haven’t yet taken the leap to start investing, do it today!!! 🔴⚪️🔵⚪️🔴⚪️🔵⚪️🔴 Timing the market is impossible. Nobody (not even the people that pretend like they do) knows if the market will go up or down next. Don’t try to time the market with your investments, that’s not investing, that’s gambling! 🔴⚪️🔵⚪️🔴⚪️🔵⚪️🔴. Dollar Cost Averaging is a great way to get invested without trying to time the market! #financialfriday#millionaire#debtfreecommunity
Money dates are seriously the best!! 🔴⚪️🔵⚪️🔴⚪️🔵🔴. We open a bottle of wine, grab or order some appetizer and talk about money: what’s going well, what can we improve on, what are our hopes and dreams,... 🔴⚪️🔵⚪️🔴⚪️🔵⚪️🔴. Give one a try and let us know how it goes! The first few can feel a little awkward BUT stick with it! #stickwithit#debtfreecommunity
Here is a bad financial habit that can hurt your #retirement savings . You don't maintain a budget 👉🏼Budgeting may not be the most exciting thing in the world, but it's the only way to stay on top of your finances and see how much you really spend each month. If you don't keep a budget, it's hard to know how much you'll need to have saved for retirement . Of course, a simple budget won't answer all of your retirement questions, but it's a crucial first step. Once you know how much you're spending now, it will give you a better idea of how much you'll be spending during retirement . Creating a budget will also help you gauge how your finances will change once you retire. For some people, expenses increase dramatically once they start checking off their bucket list and doing everything they've dreamed of doing for years. For others, expenses shrink once they no longer need to commute or buy work clothes . During the first two years of retirement, median household spending levels drop around 5% from pre-retirement levels, according to a 2015 study by the Employee Benefit Research Institute. Three to four years into retirement, those levels drop by over 12%. However, after the fourth year, expenses start to creep back up . What does that mean for you? It means it's important to keep a close eye on how much you're spending now so you're not caught off guard when you're living on a fixed income during retirement.
Now that I’ve hung up my teacher jersey, I figured I’d dust off my non-existent resume. Personally, I think I’ve created the most desired profile on the market but I’m being told via various DMs that I’ve broken every cardinal rule of LinkedIn. Let me quote a few below... . . 1) “Making the family dog” as the profile photo 2) Playing hard to get and keeping “these ***s” in check 3) Leaving desired relocation city as “North Pole”