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HOW TO INVEST BY AGE

HOW TO INVEST BY AGE
20-30
STOCKS 70%
BONDS 15%
R ESTATE 10%
CASH 5%
30- 50
STOCKS 65%
BONDS 20%
R ESTATE 10%
CASH 5%
50- 60
STOCKS 55%
BONDS 27.5%
R ESTATE 12.5%
CASH 5%
60+
STOCKS 40%
BONDS 35%
R ESTATE 15%
CASH 10%

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HOW TO USE A BUDGET

HOW TO USE A BUDGET

USE EXCEL OR GOOGLE SHEETS

 SEPARATE YOUR INCOME AND EXPENSES

 COMPARE TOTAL MONEY IN WITH MONEY OUT 

FIND LEFTOVER MONEY NOT PAYING EXPENSES

 TRACK EVERY SINGLE PURCHASE YOU MAKE

DETERMINE WHERE YOU ARE WASTING MONEY

 MONITOR AND SEE EXACTLY HOW MUCH YOU ARE WASTING

TRY HARDER TO SAVE AND NOT SPEND LEFTOVERS

 IMPROVE EACH MONTH AND WATCH YOUR SAVED MONEY INCREASE.

 

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THE LEVELS OF FINANCIAL FREEDOM

THE LEVELS OF FINANCIAL FREEDOM

 LEVEL 6 : ABUNDANCE

(INVESTMENT CASH FLOW >> ANYTHING YOU WANT)

LEVEL 5 : INDEPENDENCE
(INVESTMENT CASH FLOW = LIVING COST)

LEVEL 4 : SECURITY
(INVESTMENT CASH FLOW = SURVIVAL EXPENSES)

LEVEL 3: DEBT FREEDOM
(FREE OF DEBT & START INVESTING)

LEVEL 2 : STABILITY
(LIVING EXPENSES = INCOME) + EMERGENCY FUND

LEVEL 1 : SOLVENCY
(DEBT/LIVING EXPENSES = INCOME)

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