Lori Alvarez and Team

View Original

143: 7 Baby Steps to Build Your Wealth

SUBSCRIBE TO THE PODCAST

Tune in to the podcast today for the conversation.

We are in a transition period Life is just different. We are coming through an economic crisis, Housing crisis, financial crisis… Life all around is a little rough right?

Today we are going to discuss the 7 baby steps to build your wealth.

Tune into the podcast to hear this conversation in depth!

Baby step 1- eliminate all the credit cards and Save to 1000

Baby Step 2- pay off everything in a snowball effort- this means your credit debt, 

Baby Step 3- now everything is paid off- save up to 3-6 months worth of expenses in an emergency fund

Baby Step 4-invest 15% of household income in retirement

Baby Step 5-Save for children college fund- no kids? Start saving that toward retirement. 

Baby Step 6- pay home off early

Baby Step 7- build wealth and give back - 

Like Lori said- You dont need to be perfect to do money right. Just be intentional with your money to succeed”




________________________________________________

See You next week for a new episode!

______________________________________________________________________


listen to the full episode

on your favorite podcast streamer below.


-> Apple

-> Spotify



______________________________________________________________________

Extra Real Estate with Soul Links you can’t miss!

  • Are you SUBSCRIBED to our YouTube Channel?

Subscribe at https://www.youtube.com/c/LoriAlvarez and tell us you did by messaging us on our


  • Felt inspired by this episode? Let us know! We'd love to hear from you by leaving our Podcast a review. And you just might get a special shout-out on the podcast! Thanks for choosing to spend your time with us!

  • Want more behind the scenes?

Like our Real Estate With Soul, The Podcast Page on Facebook

Follow Real Estate With Soul on Instagram

See this content in the original post

Disclaimer: Please verify all information with the licensed professional of your choice.