Habits For Growing Wealth: Your Money
Other Habits to Grow Your Wealth: Max out your retirement savings every year (Paula) Pay bills a month in advance (J$) Set your bills on auto-pay (Paula) Pay more on your debts to reduce the liabilities (J$) Pay cash for an income-producing rental property (Paula, of course!) For rental properties with mortgages: Double the principal portion of the payment and round up to the next round dollar amount (Paula) Keep a buffer of money in your checking account (J$) Increase savings by 1% every month (Paula) What are your favorite M.O.N.E.Y habits? Comment below! Some Missions to try: Do something to save 1% more of your income this month Sell something on Craigslist every Friday Resources mentioned: Paula’s “ Take the One Percent Challenge ” (includes link to Paula’s One Percent Challenge Facebook Group) J. Money’s Net Worth tracker J was surprised by the amount he was able to save after participating in a “ No Spend Challenge ” Find more at http://podcast.affor